The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-03-22

Another question left without being acted on, the
currency Of the country. need not tell meeting OF
Merchants that there are evils of the currency which
| require speedy correction. You know how much
you have suffered Ium the disarrangement of the cur
rency. We entertain different opinions as to how
is to be corrected, and the Wing party thought
that National Bank was the best way in when u
could be carried into effect also was OF that OPP
nion-but now in common with many other Wings
doubt that such plan policy would be the best IN
| the present juncture of our affairs.
| The Sub-Treasury is repealed and Mr.. Tyler has
vetoed the bill passed by Congress. And in doing So
whether he acted wisely not do not believe he acted
dishonesty. He then proposed another mode which
Congress has prescribed, bu. as we must consider him
acting under the sanction OF public duty, we can
| not get a measure which the Wings think best, we
must only take the other II is an old adage, that
| beggars ought not TO be choosers.
| You have seen the plan of Mr. Talmadge and Mr.
Cushing but am not prepared to say that either OF
them would answer TO the extent their friends sup
| pose
| But as government has provided one, shall we mol
try 2 Shall we set down like sulky boys and refuse
the bread because II is not butteTed Let us take
and try H. and give Mr.. Tyler an opportunity ofcarry-
ing the government in the best way can be car
red at present. and if we can't get such measure
as the Wings think best now, we may perhaps mere
| alter.
This question has been shufied off with the most
nconsderae degree Of violence growing out OF per-
sonal feelings, which ought to be checked and can
be checked only by the primary meetings OF the Peo
pie.
Let our voice then be raised so that it may be heard
at Washington in of patriotic indignation, ana
let u.s. and all lay aside all political feelings anu
prejudces, and rally man to man. and shoulder 10
shoulder bring about that stale OF affairs when, us
| patriots and Americans we ought SO earnestly ana
anxiously to desire Let these politicians be taught
such lesson by the people which will have salutary
| effect Let voice enter the cloudy murky, MAS
matte Halls of the Legislature and let in suihcen
portion Of the crcumambent air TO restore hght anu
IN h., haan ifiaII
| strife.
Let US then put our hands to the chariot and drive
over the mpediments which stops its progress, and
let US pray to God that once more prosperity may be
| restored to our suffering country.
| Mr.. Maxwell then read the resolutions
Whereas, the present condition of our country,
exemplfed in the general arrangement and deprecia-
ton of the currency the deep dstIust and dlfi-
Guilty which prevail in the business community in the
consequent depression and distress of nearly all The
industrious ella SEES; in the continued fall OF pubic
and corporate securities-and in the deporably dis
honoIed credit not only of State Governments, but
also of that of the Federal Union--oudy appeals TO
the PATRIOTISM pride and Intelligence of Americans,
| a sefgoverning people.
And whereas, the condition OF our country IS rem
dered yet urgent by the omnous cloud which i'm
ponds upon our tore On relations, and by which our
domestic embarTassments may speedily become agga-
waited into tghtIul obstacles TO our national security
and honor
Therefore We the Merchants Traders, and other
citizens of New York, here assembled, with solemn
sense Of the momentous interests and considerations
involved in the present crisis, and of the duty which
develves upon u as citizens OF the Commercial Metro
polls of the Republic, have
ReSoired That crisis has manestly arrived in
which the indulgence of mere party feelings and the
achievement of mere party purposes can afford no re-
NEEDY for the imminent evils under which the country
abors; but having probably supennduced Their, are
calculated to enhance and prnlong them,
Resolved, That such Objects ever gnoble in compa-
rison with the prosperity happiness, and dignity OF
the whole people, are at the present juncture espe-
cally unworthy of the high functions of our Nation
al Legislators and in open conflict with the interests,
opinions and wishes of the people whom they repre-
! sent.
Resolved, That as republican citizens, and mem
bers of both the great political parties meeting here
upon the common ground of the common veal, with
out compromising distinctive political opinions
upon other questlons we cordially unite IN deprecat-
ing all facous opposition to the administration ofour
Government in the hands OF those to whom the peo-
pie, under the Constitution, have committed it, un-
Just and degrading in ITSELF as calculated to embar-
rass the necessary operations of the Government,
retard the fulflment of its legitimate obligations, and
impair its timely vgor and usefulness at period OF
great public emergency when the expectation OF
millions is concentrated upon the wisdom and success
) of its policy.
Resolved, That the proposition emanating from that
administration now pending before Congress, and re-
Gently fayoraby reported on by committees of the
House of Representatives and the Senate for the
Enlistment Of Government Exchequer, recognis-
ing il does both the power and duty of the Federal
Government, to provide sound currency for the peo
pie is entitled to the candid consideration of all who
appreciate the Importance of sound national cur
rency to the present wants and future prosperity OF
the country.
Resolved, That viewing the financial condition OF
the country in relation to the proper dignity and eff
cheney of our Republican Government consider
our Congress, assembled to be under the solemn
responsible ity Of promptly imposing such duties upon
imports shall not only put end to the miserable
and expensive policy Of borrowing from year to year
for ordinary expenditures but also provide means for
the punctual payment of such debt present ext
gencies may compel us to contract for the purpose OF
putting the country in state of self-protection and
defence favorable to the fair adjustment of existing
difficulties with foreign powers.
Resolved That we deem it the duty Of Congress tc
give this Indispensable measure their first and highest
consideration suffering it neither to be restricted by
false principles of economy, which the future ever
: shows to be the most improvdent nor deferred by
frivolous and humiiating controversy; and further
that any attempt, wheresoever it may originate, oil
with whatever purpose designed, to postpone the
great currency question to future sessions, and to min
gle such momentous questions OF national security
. and honor with future political struggles, will receive
as il will deserve the unqual fed Reproduction ant
: universal Indignation of the people And finally we
invoke the spirit of iorbearance, of concession, ant
of patriotism, to preside over the deliberations o.
Congress- and to such results will strength
en- the bonds of union restore quiet to harasset
and suffering people, and set at work those elements
which unrestrained by factiou designs would restore
p our beloved country to its former prosperity
: Hiram Ketchum, Esq, then rose and said, Fellow
citizens never regretted my inability to address
YOU as upon th. occasion | most cordially approx,
, of every word and every letter contained in the reso
:, utons you have heard read 1t seems to me, as
= took occasion to observe to friend when entering
the hail. that there two classes of citizens in Con
!, gress and out of it, between whom, between tn,
: upper and neither mstones, the prosperity of thu
6 country regards its trade commerce, agriculture
!, and manufactures, is now ground to powder.
= OF those two classes the first will give no relic
but National Bank and the other will give no relic
% but Sub-Treasury and we NUT consent to take on
or other Of these potons or the patient must conscn