The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-01-10

ness anu prosperity among the IeOple-tne It
sumption of specie payments is opposed by
large majority of the New Orleans Banks will
reckless violence and deadly determination
which would almost make one believe that thei
existence is involved in the measure What
then, is the inevitable conclusion Why, tina
their official statements, showing apparently al
entire ability 10 pay their debts are utterly false
and unworthy of confidence.
But this is not all. The Morning Advertiser
OF The 2Sth ult., says, the advocates of continu.
ed suspension are not at all disquieted by the
measures proposed for the adoption of the Lee
glslature. On the contrary, they appear full OF
sangune confidence that these measures will
be defeated and the banks permitted TO perpelu-
ale their immoral and dishonest course These
men openly boast (says the bold and able Jour
nal just mentioned) that members of the lie
glslature owe the Banks million and half of
dollars, that they dare not take any steps in OPP
position TO the interests of the Banks, that al
though they (the banks) are unable to command
every member, yet after this day (the 2Slh) they
have power to Prerent quorum, of The House
Of Representatives from assembiingi Good
heaven, where are we? Is this free country
governed by written laws, be- re which all men
and classes Of men are equal And shall a
band oil slaves and broken ~r---i~-~t- 49, =
over the Representatives OF the People with
lmpunity? Shall they be permitted to stop the
course nf leqislation on matter deemed OF the
utmost importance to the welfare and honor OF a
sovereign State
We beg our readers TO remark that this is the
Barrow expressed so much Partially few days
ago in the Senate-this is the system Of bank
ing to which, he feared, the Exchequer bill
might prove fatal But, can any substitute be
invented worse than1his system itself, more per
nicious to the commerce and industry Of the PEG
pl9, more destructive to morality, more dangerous
the peace Of society more likely in its consequent
ces to subvert the laws and the foundations Of
our civil institutions
The Constitution, says Mr.. Barrow, is the BIZ
bic, to which the President ought to look in JUS
LITIGATION of whatever measure he may recon-
mend. What then, does the Constitution JUS
tify the unheard of enormties practised and
threatened by his tavorlte banks in Louisia-
lsii ma? Would the Constitution justify or
sanction the creation of huge, corrupt and
corrupting National Bank corporation, the only
panacea according to Mr.. b. for the financial
evils of the times Yes the Constitution is
the Bible TO whose pure text the President has
appealed to guide and direct him through the
snares and difficulties prepared for him by his
enemies, and with the blessing Of Providence
lie has found safety for his feet OH the track
which that guide and director pointed out to
him, and whilst he adheres to that blessed path
he will be supported and cheered by the smiles
and appreciation Of his countrymen TO the end Of
his course, whether il terminal. in tour yc,rs OF
eight.
Mr.. Barrow says at some future day, he will
readily shew that the President was mistaken in
supposng that the Con ,titution interposed any
insuperable objection to the establishment of
National Bank! What Solomon is here,
A Daniel yea Daniel come to judgment
0 wise young judge how do honor thee!
Alexander Barrow an expounder of the Con
stitution Alexander Barrow presuming TO
teach its true doctrines, and unfold its my stenes
to President Tyler, the assembled Senate, and
the host Of time -honored statesmen and patriots,
to whom millions of men in this widespread
country, who never heard the name Of Barrow,
regard as high priests Of the temple and guar
dians Of the ark of the covenant! After this
lot it not be regarded as a joke that Alexander
Barrow is the leader Of the ultra Wings in the
Senate, and Arnold the file leader of the same
party in the House of Representatives