The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1842-02-19
THE EXCHEQUER BOARD OF THE UNI
TED STATES


TED STATES.
The era of better days, in both a financial
and political point Of view, may now be safely
asserted 10 have dawned upon our laltery de-
pressed and distracted country.
Events, the most difficult to control by human
skill or option, whether exerted through the po-
litcal institutions of the country orthe popular i'm
pulse, have concurred during series ofy ears, Ell
ther by rapid succession of each other an accu-
mutation ftheir influences, to bring into lamenta-
BILE confusion both the financial political opera
tons of the National and State Governments,
and, to like extent under them, OF individual
citizens also. And none need deny that there
was, at the opening of the present session OF
Congress, wide spread and heavy gloom rest
ing upon the minds of the people of all classes
the agricultural, mechanical, and mercantile
as well as upon the statesmen and protested po-
lticians of the country, arising from the dis
tracted condition of affairs, monetary and po-
ltical, on the enc hand, and anxious doubts on
the other, in regard 10 the means that might be
adopted for restoring order and energy to the
operations of Government, and to the enter
PRISE VI Tue CltlZen, anu ndInOuy vi IceliIS anu
action among political men.
But, thanks to the firmness of President TY-
LER, on the one hand, and to the patriotic spirit
of honorable perseverance on the part OF one
branch, at least, Of Congress, on the other-in
which we doubt not that the other branch will
in due time exhibit equal merit-past expert
ence, present necessities, and a searching intel
L. 4 ~ol
the way for the nations deiverance, and the
construction of platform broad enough in ex-
tent and deep enough in its foundations for the
patriotic Of all parties to gather upon in safety,
and to start with union of effort, of hope, and
of interest," in what may be emphatically de-
nominated THE GREAT CAUSE OF THE NATION !!
Let ultraism of every species for once give way
to the sober dictates of actual, indubitable expe
rience, and personal interests of ambition be
hushed for the sake OF one united struggle for
the common welfare, and honest enterprise in
our land will regain its wide and efficient
sphere of action, under the mild influence of a
wise national Administration, and the turbu-
lence of conflicting, disjolnted systems of fnan-
cial operation, exhibited in the different
States of the Union, to the growing detriment
Of all, and alike deprecated by every body will
be at an end.
Into the history of the ills TO which we have adj
verted, and the origin or motives Of their pro-
genitors, whoever they may have been, it is
useless now to inquire the remedy at which the
steady sagacity of President TYLER has aimed
without faltering, since his acce ssion 10 the
Chief Magistracy of the Union, is now brought
to the public consideration, under the judicious
notifications of the Select Committee Of the
House of Representatives, in the report which
is concluded in our paper to-day.
To call the special and scrutnizng attentio on
of our readers to that document, would be, we
are sure, to confess ourselves Tagging in the
rear of their first ardent impulses. To say that re-
port is able, lucid, comprehensive, instructive,
and deeply Imbued with the spirit OF vigil
liant and cautious craftsmanship, to degree I'M
surpassed by any production, upon this pro
life and perplexed topic, that has emana-
ted from any heads or hands to which II
has at any previous time been specially
committed for consideration, would be to say
only what every impartial and candid reader will
feel to be just towards its authors and the i'm
bodment into language of conviction that vii
be found wherever the report shall travel among
the reading, rejecting, independent people oil
this country
The Board of Exchequer is happy accrefio'
to the Treasury, if we may be allowed the term,
of all the ndisputably safe and concurring quail
ties of all the three prior systems of Treasury
finance and national currency-we mean, Of thu
United States Bank system, of the State Banl
system, and of the Independent Treasury