The Middlebury people's press. [volume] (Middlebury, Vt.) 1841-1843, 1842-01-04
PROCEEDINGS OF CONGRESS.

PROCEEDINGS OF CONGRESS.
We have as yet very little news from WASH
ngton for the very plain reason that congress
has done very little but to organize, and hear
the readings of communications from the va
rious departments of the government. Week
before last the Houses adjourned over from
Thursday till Monday,a land last week made the
HOLIDAYS an excuse for a similar proceeding.
The Fiscal Agent which our readers will find
sketched in this paper, generally seems to take
we'll with the wings in congress and the busI-
ness community at large. The report OF the
secretary CT the Treasury recommending IT,
is n mastery document, and contains a con-
vincing argumen, in its favor as safe deposl-
tory of the public m onies, and means Of iur-
nishing a safe and uniform circulating medl-
UNI as well as regulating the exchanges and
currency of the country Its success howev-
er is highly prol lematlcsl It Is believed highly
Objectionable as comforting a dangerous aug
nentation of power upon the executive. The
new Paper by Mr. Peasants, calls it mon-
st.ous scheme IN this respect, and thinks 1t ut
terly impossible for any party 10 unite upon
it. 4 correspondent of the Tribune advises
that both parties South Of the Potomac, and
West of the Alleghanies will oppose it; and
that soon we shall find Calhoun, Wright and
Buchanan in undisguised opposition TO it. In
deed it appears by the last Express, that the
loco's in caucus had determined upon this
course; and as the wings have no power OF
cohesion upon this subject, and seldom sacri,
flee to expedicncy TO secure success, the better
opinion is that the Exchequer projec. will G.
ventually fail.
The tariff question has already been broach-
ed, and in some shape is destined TO occupy a
large space in the annals of the present con-
gress. Upon its decision depends the ulti-
mate solvency and prosperity, or bankruptcy
and ruin Of The country. With an empty
treasury, and the absolute necessity of devil
great reason to hope that the tariff will be ad-
Irlsted in a manner which shall afford fair
protection TO domestic industry, and the inter-
ests Of the North. The wings generally at
the South and the West will unite in effecting
this grand object. But the loco party, as 4
body, as they ever have been, are dead set
against it. In the reference debate, now on
the tapis. Rhett, of South Carolina, has already
blown his blast of notification against the doc
trine OF protection. The poor short sighted
creature denounces the tariff as mere system
of plumber, to take the property Of one man TO
give il to another. But we ought to do him
the Justice to say, that his rantings are tame
in comparison with the rawlings of the Globe
and other organs Of the party, and even those
of tn. Spirit of the Age, printed at Woodstock
in this State. Bot whether the President, who
is cow at the head of the legislative department
Will approve of protection, is question which
no stretch of human wisdom can solve. HIS
message sounds well fer discrimination in favor
of manufactures, but some of his interpreters in
Congress disavow any such intention.
The long threatened attempts Of the des
tIuctivcs, TO repeal the Distribution and Bank
rupt bills, have already been made, but proba
bly in both instances will fail The
ferocity with which Benton has assailed the
Bankrupt law, is characteristic of the unre
lenting dcspotism of party, who, after reduc
ing multitudes TO beggary, by their rockies:
measures, would have them TO be pursued by
seizures and imprisonments, 10 their graves.