The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-05-09

/ The Thersites of the Globe in an article OF
May 9th, entitled ways and Means" chuckles
over some information which he extracts from
the New York American to the effect that the
Government has not been able 10 negotiate It's
loan of three and half millions, and while
using the authority of Mr.. King to show this
fact, he inquiries, with great triumph, WAS the
Government ever in this condition under De-
moeratic Administration 2n In the first place II
would be well TO make sure that the New York
American was right, before placing perfect re-
lance upon its statements.
We would advise the Globe not TO be too
eager in anticipating the misiortunes which
| former years have brought, or threaten TO bring
upon the country. u The Government does not
get the loan, the Globe can exult, but II
would be as well TO wait and see, before
making very distinguished Grafton ON the coun-
| try's dishonor
| 1t is true that Mr.. Benton and the Globe, and
Mr.. Clay with the American and Independent,
would be glad TO see the Government paray sed,
and, with their several friends, will do what in
They may or may not succeed. The event
will show Meanwhile the Administration will
90 on fearlessly discharging its duty TO the PEG.
Pile, and confidently looking TO them for sup
port in its honest and patriotic endeavors to re-
pair all past injuries, 10 reform all abuses, TO re-
store credit, regulate currency, raise revenue
and maintain the honor of the nation.
~ A I,.t
no trouble about the Government borrowing
money. AS they can do nothing 10 aid the Go
vernment so they can effect nothing to injue ii.
| They are both powerless.
| Whether they want this thing or that thing,
Bank or Sub Treasury, Tariff or anti-Tarifi,
Abolionism or Locofocosm, makes not pen
nyworth's difference
The Executive looks over their heads, and
those Of their patrons, TO the People. 1t pro-
| poses, and will propose, no measures which the
the situation of the country does not call for,
and which will not tend TO its benefit and pros
perity, and proposing such measures, and such
only, it expects TO see them carried out, 1t
expects confidently that Congress, even the pre-
sent Congress, will, despite the faction of mad
ness which Mangums and Bentons, and Lanes
and others, have endeavored to introduce, dis
charge its duty to The country by adopting the
measures or some Of them, or some modlhca-
ton of them, which ii has recommended But
| if it shall be doomed with the People, TO dsap-
pontment; if faction and folly and madness
shall prevail, if misfortunes and dishonor shall
come upon the country, the Executive will so
conduct, and has so conducted itself that all the
world may see no share of the blame can be attri-
buted 10 any omission or violation Of duty on
its part.
The nation and posterity will award due jus
/ tice TO the Executive and 10 the Legislature
to the present Administration and to its enemies
Of both sorts.
In conclusion, we have to say to the Globe
and the American, that they need have no I'M
easiness about the Loan, at present. 1t will be
high time to triumph, when they are sure thai
the nations credit has been reduced so low by
them and their friends, as that all the wisdom
and devotion of the Administration cannot re-
store il.