Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-12-28

disposed at first believe that Benton was unwise
ia his course. but think he displayed great saga
city m taking the ball the first hop, as he there
10y alarmed the timid and wayeing, and enlightened
the ignorant as to the course which they ought TO
take. In the absence OF such an authoritative ex.
position OF the course of the party, many Of the
sheep would have wandered from the Democratic
fold, sedueed by the close resemblance between
the Executive projet and Gen. Jackson's Govern.
ment Bank.
Having thus indicated the position of the two
great parties, it remains only to assign local habi
tation TO The tertum quds. And here ! regret to
say that the spirit of concord hath fed from the
midst OF that little band of ineonsruities. IL is no.
torous that, in regard to most Of the great political
questions which have divided the COUNT y. no men
have differed more widely than the gentlemen who
are familiarity known TO tho public tbs par ereol-
!snes friends Of the President. Il is further we'll
known, that in regard TO most matters, and ore
especially in gard TO the currency question, the
poles are net apart from each other than mos,
OF these gentlemen are from thc President; for,
whilst the President is anti Bans in every shape,
majority of his friends, Gushing, Wise. Profit and
Irwin, are Bank men. But, a. the Extra. Session,
some species OF political polarity, caused these and
other particles to consolidate in the form OF sep
togonal unit. In thi, shape they have continued,
until, in an evil hour, the President applied SOL
vent, in the form Of the Executive recommendation
OF the Fiscal agent. From that moment, the unit
was dissolved. Most of these gentlemen were very
properly. in accordance with parliamentary usases
and courtesy, placed on the committee to mature
the schemes and it has already leaked out that there
are vde il not irreconci'able differences of osnion
between them. Mr. Gimer and MIR Hunter, and
believe MIR Mallory also, arc opposed to the scheme
unless the exchange dealing feature is stricken out
Mr. Wse's opinion is not yet known, as no has
been absent from the House Cor several DAYS Messrs
Gushing, Irwin and Profit are said, but whether on
sufficient authority chnno, say to be in favor of
the scheme ns It enanStcd from the President and
his Cabinet.
Upon taking a review OF the whole ground. there.
FORE /, my opinion that the Fiscal proiet will be-
lost by an overwhelming msiority-Indesd, doubt
very much whsihsr 1t will receive FORTY vorEs in the
House OF Representatives. Ofcourse cannot pre-
tend 10 speak with any thing like precision at this
early day, but think the result will prove thu, I
am not very far out of the way in my conjecture
There is one difficulty which the proisc, must en-.
counter, which IL seems 70 me will prove inSur-
mouniahle. IL is ihi' Tie circumstance which re.
commenos 1t TO tbs North most strongly is the com
mcrcal facilities which 1t will afford. Bot, with
the Southern politicians and the democrats, the
power 10 deal in exchanges is the mos, obnoSiou,
Of all its faculties IT, therefore, you strike GU, the
EXCHANGE feature, you drive off the Northern and
Eastern men-and if you retain it, you mortallv Of.
iend the Southern politicians md the Democrats
The unfortunate measure is thus between ScyV,
and Chary as MIR Tyler will probably
think, between the Devil and the deep sea-"
Among the many important developments in the
political world, not the least worthy Of note, is the
fact. that the New York Herald is no longer the
confidential organ of the Administration. and IN.
authentic exponent of Cabine, views and intention,
During the Extra Session, every one looked TO the
letters Of the Washington Correspondent Of that
paper with the utmost easerness, as containing the
most reliable statements OF the Presidents opinions
and intentions. Nor this confidence misplaced
as the result was always in accordance with the
ioreshadowinss OF the talented correspondent. But
if you will look at the late letters OF the same writer
you will find that he is cropping in the dark-tha he
IS no longer the trusted depository of Cabinet Sc.
creis-and that he has been led into the mos, eyre.
giOus error in surprising that the scheme Of finance
would be so modified in the Cabinet as TO strike out
the exchange feature, before it sen: to Congress
Why the Herald has thus been deposed, or how it
has forfeited Executive confidence cannot saw. but
one thing seems certain" Otheo's occupations
gone"
There are rumours, also, of growing feeling of
dissenson between some Of Mr. Tyler's friends in
Congress and members OF the Cabinet 1t is said
that some OF these gentlemen are dissatisfied with
the continuance of MIR Webster in the Cabinet, and
insist on his being displaced. In this wish, howey.
er, think they vii! be disappointed, as have co.
gent reasons for believing that Mr. Webster possess.
es more of the Presidents confidence, and wie,ds
more influence over his political course than any or
all other men in the nation. What will be the re
suit Of these heart burnngs time only can disclose.
Very truly, your friend.