The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1840-03-13


Take, for instance, the sUB-rREAsURY, the
great stalking horse Of Mr.. VAN BUREN.
We are willing TO adopt the testimony Of the
loco locOs themselves, in determining the
merits of this great question of controversy.
! The official and accredited organ Of that
party, few years ago, pronounced that is-
cal project TO be 'rerOIutiOndry, disorgGniz-
ing and subUersire OF the fundamental pria-
etpEes IF our government" It considered
it san effort to enlarge erecutiUe pover,
and put in its hands the means of cOrrUp-
tiOn." Mr.. Polk, veteran Of the Jackson
party, and prominent leader Of loco focoism,
entertained similar opinions on the subject
Of an. independent treasury. Every Jackson
member of congress, with one exception, vo-
ted down the proposition Of Gen GoRDoN,
in 1884. This proposition was little else
than the independent treasury Of the present
day. 1t was denounced by the administra-
ton press, and projected by the administra-
ton party.
If the scheme ola sub treasury was "dis-
organizing and revolutionary in 1884, is it
less so now? Does it no longer tend TO Gem
large executive power?' Will it no longer
"place in IFS hands the means ofcoruptionW
Is Mr.. VAN buren, so immaculate in purity,
so free from human frailty that he can be
safely entrusted with the instruments of ag-
grandizement? Can the same party that de-
cried and reprobated, and justly too, the
visionary project of Gen. GORDON in 1884,
possibly be convinced that they were all
wrong, that the scheme is patriotic, sage,
salutary, Indispensable? In the name of
common sense, if such quality be consid-
cred necessary ingredient in the compost
ton of loco-focoism, how can the honest, the
really well-meaning and upright portion of
the community, continue to be dipped and
fooled by the miserable jargon Of few par
tizan editors, and congressional sPouters,
who have shewn themselves so utterly re-
CARELESS of use which yesterday they siig-
matized as "disorganizing and reVolutiona-
| Ty." When we say that the champions Of
loco-focoism must be either knaves or fools,
the expression may appear unwaTautab!e;
but let every sound thinking and conscien-
tiOus individual examine the subject in a
spirit of dispassonate enquiry, and he will
find it difficult to avoid the same copclu-
sion. How, quo MOdO, By what possible
process of ratlocination can these people ex-
pect 10 deceive an intelligent community,bY
their lavish encomin on the lately denounc-
ed sub-treasuTy? And yet it would appear
as ifa whole nation were stricken with iu-
dicial blindness, and we're ready, through
the influence of some indescribable infatua-
ton, to credit all the monstrous falsehoods
and follies of the lOco-focos, no matter how
ihcoherent and totally repugnant to their
former professions and practice.
The locofoco party voted against the sub
troa in 1921 Whu9
JACKsoN's infallibIe pet bank system was
then the particular hobby OflocofotOsm. BY
enlisting these institutions in support of the
executive, it was thought that the PRESIDENT
would be invincible. The national bank
had been crushed, because it was proof at
once against threats and adulation. 1t was
a stumbling block in the way of the execu,
tive-''a step on which it must fall down or
else DER leap" II was, hence; destroyed.
The ravished treasures ofits voults had been
pledged TO the banks, and no sub treasury
could be allowed to interfere with the dis
posal of the glittering hoard. Resides, the
project had emanated from political op2o-
nent-which, of itself, was quite enough to
seal its condemnation.
Things are altered ow:-the banks are
no longer the firm and fast friends of the gov
eminent: they are discarded and insulted
and insulted by the power which called them
into being, fostered and encouraged them.
But executive power must be maintained,
and the most admirable method oe securing
and consolidating it, is certainly preferred BY
the sub-treasuFy scheme. With the unim-
tied command fthe public purse, and il I'M
controlled surrender to "hundred hands,
where one could not reach it under the for
mer system,'' Mr.. VAN buren, can array
host in his defence, before which the friends
of constitutional reform may well quail.
What matters it to the reckless and ruinous
spirit of locofocoism, that in unfolding this
scheme, it bellies its own tenets, subjects it
self to the charge of preposterous inconsis-
tency; and; worst of all, fastens upon the
country a monied despotism, more odons
than monarchy itsels. Mr.. VAN buren, will
secure by its passage not only his reelection
but the election Of his successor, and ample
means of carrying out whatever project his
cunning may devise for the enlargement of
his prerogative.
We may appear tedious in recurring so
frequently to the same topics. But vital in-
terests are at stake. The magnitude of the
question demands It's thorough Investigation;
and il is the duty Of the wing press TO leave
nothing uninterrupted that may warn the
people of the abyss, on the brink of which
they now stand.
From the Somervllle Wing.
The NoMINATIoN.-We have the plea
sure to-day of presenting the nomination
made by the Wing National Convention
T. Il Fsrs.