Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1839-04-11

al MS own uisCretlob ana " ithOul any iui
Of iaw-whst would il be but 10 place a!
the moneyed institutions of The country an
der the potter and at he decotion Of the E:r
ecutiUe! There could not bea more strik
! log Illustration of this fatal and dangerou
tendency OF the system proposed and prac
liscd than in the changed relations which hat
been so suddenIy brought, about between TIT
! Government and the Bark--a change ST
marked that the President OF the Bank. af
! ter his admission 60 the large share which
bad been conferred On him, (amounting al
most 10 a monopoly Of The Treasury pat
| ronagc, came forward in published lette,
and osien,aiiously announced TO the world
that she had no longer any controversies
with the government OF tho Un;on"-that
he abdicaied bis involuntary power, and
heoceforward "desires. only repose
should have been faithIess sentinel on
the watch tower, indeed, i'll could have seen
these things going on, Uor enough passed
under myo,pn eyes to confirm every suspi.
cion ] entertained, ) and no, have thrown out
a signal 10 arouse the vigilance Of my coun.
trymen. But il seems made my speech in
! The wrong place. That I ought 10 have
waited ill the answer Of the Secretary OF
the Treasury 10 my resolutions of enquiry
came in I! But this objection loses sight OF
The fact that The speech made embraced ma
ny other views, part of which was founded
ON tho annual Report of the Secretary aIrea>
dy before us, and another par, was devoted
TO an examination OF the doctrines and re
Communications of the Presidents message
itself. The objection, however, at besi.
seems TO me rather hypercriticai. The pubs
lie are much mere concerned in the question
whether the speech was just in its reasoning
and correct in its facts, than whether il was
made exactly in the RICH. place. And IN
this point l am wiling 10 abide the test OF
the severest scrutiny. The Report OF the
Secretary of the Treasury, ~ answer TO The
resolutions of enquiry, together with my
speeches both before and after the Report
came in, and the speeches of other gentlemen
In vindication or excuse OF the transaction,
are all now in possession OF the public, and
! fear not to submit it to any candid and i'm
partial mind TO say il every allegation ]
made is not fully sustained, and more than
sustained by the statements of the Secretary,
and the documents accompany irg his re-
port.
In pursuing the course | have done on
these several occasions under an imperious
sense of the duty owed the country | have
been reproached with having abandoned my
party. II unfortunately the alternative
should ever be presented of sacrificing coun
try 10 party or party 10 country, for one
should not he slow in making my election.
But 10 truth, | have not abandoned my par
ty; they have abandoned me. Will any
candid man venture 10 say that 10 opposing
| the Sub-Treasury scheme and maintaining
| the State Bank deposiie system, properly
| regulated by law, do not stand upon the
true and original principles of the party witL
which | formerly acted. IL is principle a.
lone which constitutes the legitimate dis.
tinction of party. When party abandons
its principles ard is held together only by
some common interest IF power or office, il
loses every thing which sanctions and dig
nlfles q political association, ard il diyener-
a'es al once into faction. Ii may be well
Tor those who reproaCh we with having a
bandoned my party 10 bear in mind this cs.
sential difference between party and faction
cannot better Geveiope il than in The words
OF a celebrated writer, whose works are inli
OF Instruction and encouragement 10 every
patriot statesman. "They'' he SAYS "who
mantain the distinction OF Mans wilhnn,
lis principles, would cease to he rarIy, and
become faction. National interests would
be no longer concerned. They would some
times he sacrificed and eiways made subof-
dinate TO personal interests ; and that.
think, is the true characteristic Of ;dclion' .
tie adds There may be such conduct, on
the part OF government, as no national party
will bear, or at least justify. Bet faction
hath no regard 10 national interests Fac
ton therefore, ,riH bear any thing, share in
any Thing, Justify any thing II the minis,
ter, who lakes this method TO support him
self, hath any art, he will endeayor TO dis
gnise bis Gaction under the name and an
pearance Of a rational party. But even Tbs
disguise wilt soon fBil off The best ofihose.
WHO we're engaged 10 The party will quit the
Jaction, aud then tue latter must stand con
!cssed TO public VIEWS This pregnant sx.
tract affords much matter for ediiying re
Election, and the intelligent reader, NAV
perhaps, deduce from il moral no, atogelh
er inapplicahle to The present times.
But have been accused also Of having
formed a corrupt coalition with the IThigS.
Where is the evidence of il! | have, from
The deepest convictions OF my understanding
and under solemn sense Of my duty TO the
country, opposed certain measures Of the
NEUTRALITY-SUSPICIOUS. upon good AID suf
hcieni reasons, or not, I am willing that an
enlightened and impartial public shall de-
eide. The Wings have, in like manner.
been opposed TO them. We have, therefore,
OF necessity, acted together, in carrying out
ou- respective opinions. But does this CO.
operation in arresting measures, which we
both believe 10 be OF the most fatal tendency
10 the liberties and welfare OF the country,
prove the existence OF corrupt and dishon
otahle coalition? II was the result Of 30
| compact or arrangement, but The necessary
! consequence Of CO incidence Of opinion on
! The measures involved and so for from be
| log criminal OF reproachiul act in either
| party, il vas high duty o! patriotism in