The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-12-07

The Message invokes moderate counses il
revision Of the Tariff, which Is likely TO en-
gage the deliberations of the present session
IL iavors discriminating duties, and regards tn
home valuation as inconvenient in practice
leading to disuniformity in the imposition Of III,
taxes All duties should be laid with distinc
reference 10 the wants Of the Treasury, and, j
possible, without exceeding the maximum lim
OF the compromise act. The President very
justly regards fiuctuatng tariff as highly per
nicious, but certainty and permanency as su
premely desirable.
The long yexed question of the currency and
exchanges occupy the largest space. and will
probably attract the most immediate attention
Narrowed, as the question Of the power Of Con-
gres over The subject was, by the two vetoes,
we cannot easily perceive, in what manner
more feasible, under the circumstances, this
topic could have been treated by the President.
In his consideration, National Bank, a Ma
tional Corporation, as well as the Sub-Treasury,
were forced out Of the question. The outlines,
he submits, therefore, seem most in harmony
with his long cherished views Of the consttu-
tonal competency ofthe Government on this sub-
ject. The views are two clearly and infinitely
stated to demand any comment from us at pres
ent. Whether they will be deemed practicable or
useful by the utrds of party, remains 10 be seen.
We sincerely hope that favorable adjustment
of this question may be speedily attained We
are quite satisfied that very large majority OF
the American people, are willing TO sacrifice
some of their favorite opinions for the sake of
repose and stability. We earnestly deprecate
re-enactment Of the painful scenes of the last
summer, and would fan hope that the rod of
correction applied to one party in 1910, and TO
another party in ls4l, will be remembered and
appreciated for salutary and patriotic ends. On
this subject especially, we desire to see an union
of honest men for the sake of The country. We
shall have occasion TO refer more particularly to
the views of the Message hereafter.
We beg leave to allude TO another paragraph
in the Message on which, we think, every friend
of the honor and credit of his country, will dwell
with delight We refer TO that brief but golden
paragraph, which rebukes the infamous doctrine
of reputation. II has been apprehended by
some that the unutterably disgraceful conduct
OF the State Of Mississippi in repudiating her
bonds, would have fearful tendency to blast
the entire credit Of the States and even encou-
rage reputation, (another word for fraud and
lalsehood,) in the smaller circles of credit among
individuals. No patriot, no honest man, can
contemplate such a tendency in affairs without
alarm and adherence. We were not without
hope that there was virtue enough left TO arrest
it. For every word the President has said,
therefore, we sincerely thank him,-not for our
selves, but for the sake of the honor and credit
Of the Republic. We trust the language may
arrest the thoughts of any man who has Tor
moment contemplated the dishonest purpose of
mounting an Anti Bond-paying hobby in the
hope Of elevating himselfto some temporary seat
Of shameful honor.
The suggestions relative to the extension of
a line of military posts along the western from
tier-the earnest recommendations of liberal en-
enlargement 10 the Navy, aud the important
views presented in behalf Of the Post Office De-
partment, are worthy of an enlightened, efficient
and patriotic Chief Magistrate. But we omit
them, as well as. other topics, for future refer
ence, only adding, in conclusion, the expression
Of our opinion that hypercrticism alone can find
in this able and excellent document any evil
dences of that 'treacheryn and I" imbecility,"
with which the President has been rudey ac-
cused.