The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-11-13
Communications.
ron THE MADIsoNiAN.
DIALOGUE III.
Phiio- .Sophos and .Sidfisficus.


TO The Seereiayy Of The Treasury;
I'hiio Sop. In our late cooquy you manifested
familiar acquaintance with national interests OF pr
mary importance and particularly those Of nnanco
and industry. You seemed, indeed, au fat upon
those GOVERNMENTS in all their phases, moods, and
lenses
STAT cry YOU mercy good Phlo- Sophos; pre-
tend to no extraordinary endowments but only TO ut
ter the experience of humble intelligence through
long series Of years. by tracing effects back To their
causes and applying the test Of practieab'y which
have been enabled TO do by long experience In the
varied concerns Of an active life. ),
I'hilo Sop. But cui bono? Have you derived
either profit or pleasure sufficient TO reward your theo-
reical and practical labors in those requirements
Stat. II you mean pecuniary piohi might re.
spond in the negative But u mental enJoymem,
will say, yes ! have derived much from The belief
that " have done the State some service ana Inc
benefits in allegiance anticipated from those abors are
abundant sources OF consolation. And, If ntellecio
al pleasures are essentially celestial whist those oil
the senses are comparatively bestiaI, u II not tc-
tate of pure philosophy TO indulge in deics so suoli-
mated
I'hho Sop. Have you seen in the foreign papers
the plan OF descendant Of the family OF the great
Franklin for raising money for public uses, when
would do away with stock jobblng, by having recourse
the country in general instead OF resorng TO CAPT
talisls, " no make 1t object of ogiotage?
Stat. Yes. have seen II; and It was my plea
sure TO encounter the identical parsonage 10 whom
refer at the residence OF distinguished diploma
lis, in London, Rufus King, and well remember his
peculiar frank ness and afiabiy in conversing with
him upon matters OF finance and its kindred topics.
The greatness Of the founder Of that family has been
consplcuously acknowledged by rival naon-lwho,
in substance, adopted the language Of naughty
Moore over fallen foe !" Great let me call him, for
he onguered e"Iand that acknowledgement was IN
scribed on his monument erected in their repository vi
honors to les grandes morris the Great nomore as
| follows, viz. Z" Eripuit Cello fuimen sePtrumque ".
rannis He was truly Of the class OF these saint.i
spirits in the minds eye OF the patriotic poet when he
sung in
La Hymne des Marseitiois.
g Nous entierons dams leur tarrere,
Quand annees seroni plus
1t nous trouverons dams ieur poussiere
Les traces de leur vertu."
But enough OF music and poetry. will resume a
more didnctc theme.
The plan is substantially, analogous TO that which
was offered by my humble self for one OF the States
of this Conederacy. And, by way Of iustralon
will adapt il TO the two-od uses of raising means for
the Government, and providing a +" measure Of palue
for the people, viz Let the Treasurer of the United
States( or Board of Commissioners, Trustees APP
pointed by the States with the authority, and the
faith and credit of the United States, issue Fiscal
bonds Tin sums less than 100, more then 10,
600 dollars bearing perpetual interest of per &c mt
per annum, payable quarterly Ivy csupons,) to an
amount equal TO- but not exceeding, at any time, the
+, estimated revenue for the year.
The fiscal bonds mi ht be Of the following denomi-
nations viz