The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1840-03-19

specie 10 Il an average premium Of ten
per cent. above The common currency!
Most . suspicious" indred, Tor The inle-
resis ~ lhose Win are The recipients and
benrkcisnes Of The public contributions.
bas surely not FOR The interests Of The peo-
pie. Who are The payers. immediate or ul-
iimale. u al these contributions.
In compliance with this recommends
lion of The President. re hass Just seen
The sab-reasury bill. with The obnoxious
specie clsnse. hurried through ONE branch
Of the national legislature, BY minority
volr. in The absence Of many members.
when. II that body lihe senate. had been
full. and lis members had voted in con-
/ formity 10 The opinions and wishes. e.
fher expressed or understood. Of their re.
speelise states. The measure would have
been defeated. And vel. IN The face Of
such facts as these. appeals are slIll made
in The name Of blind and sbjeci party
allegiance. 70 many who are truly oppos-
Cd 70 this scheme from thorough con-
Yvielion d lis most dangerous and fatal
tendencies. 10 support The re election Of
the President, BY whose influence and
snli-republican conlumacy II 10 10 be i'm.
posed and permanently fastened upon The
county. A poor attempt 10 now made
10 give plaus,biliiy and effect 10 this APP
peal. by representing the sub treasury
scheme a. mere question OF erpedieney.
on which men may agree IN differ wilh-
gu, any compromise Of principle. on Ell
lher siGe; and this attempt 10 made. too.
by those who have themselves but re.
Gently denounced The scheme in The
slronges, terms, As dangerous 10 ihr pub.
lie liberty, BY giving The President the
immediate control Of the public money,
putting into his hands ga fund Of cor
rnp,ioa." and alarmingly increasing The
power and influence Of his Office, . alrea-
DIV TOO great cor q republic" Surely.
when considerations such - these are NJ
volsed. The question Is one Of vital and
fundamental importance. In this aspect
--ss measure alike hostile 10 The public
liberty. and warning upon The prosperity
81 The country. directly and indirectly, in
all lie most essential interests. --lhe sub.
treasury project has ever been viewed by
those Conservative Republicans. ~ho
have eisea evidence Of The sincerity Of
their faith by iesrlessly and natfinching-
" meeting the demonstrations which iis
profession has drawn down upon them.
Entertaining such oPinions. can they. Is
| fsRfei tnen AAnpssds and their wis 10 ne
slavish discipline Of party, IS 10 supper.
The re-elCclinn OF President. whose pc.
llcv they believed - be- iraught with con.
sequences so calamilous 10 their counlryl
humbly think not.
Another disingenuous device for en-.
trapping conservative votes. is founded
IN the assumption that they differ with
the President on but a single question.
Even were this so. il would be cause
enough for the Withdrawal OF their sup
port. where the question is one Of so
grave and fundamental u character as the
conservatives honestly believe the sub.
treasury scheme 10 be. But the assump.
ftion is wholly untrue. The conservative
republicans have differed. and shIl differ
with the President on other points OF the
highest importance. They have seen,
through the whole course Of his admins.
tra,lun and in The conduct Of his friends.
a systematic design 10 build up the prae
teal supremacy ofMe Executive po,cer.
al the expense Of the Legislative depart
ment. aud Of the people themselves.
They have seen this design pursued. not
only BY the perssvering efforts which
have been made TO secure to the Piesi-
den. and his agents the custody and con-
troll Of the public moneys, through the
medium Of The sub.,reasury scheme. bu,
also by the new and alarming aioc,riae,
which was preached in his annual mes.
sage al the commencement of the late ses.
sion Of Congress in December, 1888, that.
in the management OF the public revenue.
he should be left "a. liberty" To employ
banks or not, ,cithom legal regulation
and al his mere discretion, as deposi,a.
res and fiscal agents Of the government,
thus subjec,ing all The moneyed ins.i-
tu,ioas Of the country TO his influence
aud control. In the steady pursui, Of the
same great aim. they have seen system
Of party discipline introduced aud organ
ICED under the auspices OF The present
chief magistrate, the fundamental canon
Of which is tia. every member of the
party which brought him into power,
must surrender his individual opinions
and convictions on public measures. how.
ever profoundly entertained. 10 the die
tum Of The President. and suppor. what
ever he shall recommend. under pain Of
excommunica,ion and political death for
d,sobedience. by these means. combin-
ed with The powerful persnasives Of his
official patronage, the Presiden! is virtue
ally invested with supreme power. The
debasmg principle has been openly avow-
ed. as well as practically enforced, that
The first duty Of the public fnncnonary is
TO the presiden. who appoints. and not 10
tha rnnntrv ~ hich an, nlnye him and III nj