The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1839-08-14

The boy the head Of the class will state what
wsIe me aark ages Of The world. Boy besiaies--
+" Next-Ma<tei smith, can't YOU tell n what The
dark ages were2s ~ guess thew were The age Just
before The inyention Of speetaeles" eco TO your
seats"
The lads answer was good as given II would
have been better sill had he replied-a The age q
Spbueasuries," 10 The beauties of which our most
enlightened rulers are laboring to bring US. In
Spain and Portugal, the age Is now as dark as ever .
they have no banks. The people enjoy The Injury
OF hard money-san unmixed metallic currency So
In Turkey. There are no banks-no :. rag barouxp
Nothing but hard money--nol altogether .anmia4d,
however since the piasrcs are frequently Of copper
and brass scashed only with silver. But matter
il Is connected with The Snb-treasury system, and
Turkey, as well as Spain and Portugal Is conse-
quenliy loco foco paradise. True, a laborer In
either of those countries moi many ptstareens
or piaayes as he does dollars uHder the good old
system OF the United States. But no matter, again.
Pairios must ever be willing TO make sacrifices for
the good OF their country; and who can doubt that
every sincere Tammany man will be rs willing 10
work 10 work for shilling a-day Of hard money, as
for dollar bill signed in the clear full bold hand
Of Robert White Z
The Sub-lreasury system Is likewise 10 full opera
tion in Cuba, as MIR. Consul Trist, has laboriously
proved In sundry long columns In the Globe. BY
The way, considering The multiplicity OF The con-
snls commercial operations, connected with the
peculiar traffic prosecuted BY American vessels IN.
der the Portuguese flag, on the western coast OF
Africa, we marvel that that gentleman could have
leisure 10 write so much upon the hard money sys-
TEN OF Cuba. Sil he has done II TO The fnll salts
faction Of Benton, and Kendall, and Blair, and
Wright He will therefore be kept In his place, no
matter though the tears, and groans, and igbs OF all
Africa should plead, like angels trumpei.ioDgned,
for his removal. But are the people OF the United
States prepared to exchange their present situation
for that Of Cuba. Perhaps they are Ifso, be I So
They will find in the end, however that where
there Is nothing but hard money il Is very bard 10
get The doubloons Of Cuba are in The hands of the
few-ofihe grandees only. The mass Of the people
have no money as all. Precisely so would be the
fact in This country, were the views OF the President
and the incompeeais and intraetaJes by whom he is
surrounded TO be carried into successful operation
The gold coin would be in The hands of the Office
holders and the commercisl and landed notables.
The copper In the hands of the people.
The greatest perfection Of the Sub-treasury sys-
TEN exists at the present day In South America
Every state and province has its Sub-rreasury and
the beaniy OF the system receives daily illustrations
friend just returned from that country informs MS
that he saw several OF these SnbtreaSuries. They
are large chests boxes, made Of strong and heavy
panks, iron bound Into these all the coin that can
be wrung or pillaged from the people is thrust
through the lids and when thus deposited NOT a
doubloon or q dollar can be taken save by the GO
vernon for The time being Before every iron bound
box, night and day. stands sentinel, with bayonet
fixed, TO guard the treasure. Every governor pre-
sident, or other chief feels himself safe In power
long he has the control Of Sub.treasury not yet
exhausted. But his power goes with the money, and
when that is exhausted, then comes revolution
The sentinel guards the Sub-treasury Just so long
he is paid for IT, The army fights for the Subtrea-
surer, while his money lasts And If in the chances
OF war; rival chief gets possession Of Sub tTeasu
ry, provided there Is any thing in H. the army goes
over to the new Sub-treasurer. Hence the glorious
instability OF the democracy" Of Spanish America.
But their illustrations of the Sub-treasury system
are beautiful. We commend the subject 10 the at
tention OF the President for his next message.-N.
Y. Spectator