The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1840-11-21
OUR DEFEAT.

0GlClui lldlllSOll 10 ullh0uUhOAlN GlCChSA
President Of the Uaiied States. We hope
he may make as good Presidsnt as Mar.
lin Van Buren has been, but we doubt Ii
much. His cabinet will be composed Of
different naieriaIs, and will advise and a.
dopt different measures. We fear that the
ground of oxpedeiicy will afford pretext
FOR rew invasion of the constitution, by the
establishment Of another national banking
in preference TO the 1ndepen-
dent Treasury, which has been established
by the present administration. We caEnot,
however, see any immediate prospect of
success to the effort which we believe will
be made TO do So The South, if they re-
gard their interest and advancement, wiz
certainly continue TO oppose it, and the
manufacturing community cannot be blind
to the deleterous effect it will have upon
their operations. The new administration,
not being able TO accomplish its establish
ment, cannot after all their trades against
General Jackson, resort to local institutions
for the safe keeping and disbursement. of
the public funds. So that nothing will be
left TO them but a trial of Independent
Treasury, and for'its beneficial operations
upon the trading community, Martin Van
Buren will yet receive the gratitude Of his
country.
Our disastrous defeat in the late election
we are happy in believing, is not ascribable
TO any fault of our public functionaries, bus
on the contrary, TO their honesty. The
manner in which one particular department
Nf ti,a roparal hoe nG late
been conducted, has given rise TO much
dissatisfaction among numerous class OF
citizens, who belonged 10 the admnlstra-
ton party only so long as they were per-
mitted to riot their hearts content upon the
public funds. So soon as that was checked
their exertions and their influence WAS
threwn in the other scale, and in all lkelI-
hood gave il the prePonderance. We al
lude TO the Post Office Department, and
sundry mail contractors. We do not mean
TO reflect upon the Whole class of them, bat
TO advert 10 those only, who, finding that
they could not enrich themselves by the
contracts into which they had entered, with
drew their support from the democratic
party because they were not permitted TO
measure their gains by their cupidi'y.
Martin Van Buren, could not hare been
defeated because Of his unqualified opposi-
ton 10 an interference, on the part Of the
general government, with the institutions OF
slavery. If so, The southern states have
much 10 do 10 stem the very principle on
which they assisted To elevate Gen. Harri-
son to the Presidency. He could not have
been defeated because Of the adoption Of the
Independent Treasury, for il had not ys
been tested by the community. No, the
whole race OF spectators saw that its ope.
ration would keep the banking institutions
of the country within their legitimate
sphere, and thus prevent those enormous
expansions which would enable them to
chase the bubble until its bursting would
shower destruction upon these concerned
and lead 10 con fractions disastrous and par,
alyzing TO tho real business community
We have been defeated, and in our de(ea
we enjoy the consciousness of having done
our duty in checking the tide which was
fast hurrying our republic 10 ruin. under the
guise of prosperity. The aristocraiical
principle has gained temporary triumph
over the republican. We will be found, a
ihe next election, again ready 20 assert ant
maintain the supremacy Of republicanism.
State Cap, Ga@.