New-York daily tribune., 1842-09-15
VOL. NJ. NO. Es5.

pocket veto prevented that law from taking effect
and exposed Us to all the consequences that flowed
from the runoGs speculations and inflated curren-
cy which followed from the large accumulation of
money In the public Treasury, profusely scattered
10 efiec, the purposes of party and party
We have dweLt thus much on the affairs of the
National Government, first because they have had
the principal share in producing the existing
of things and, secondly, because they afford the
people the correct means of judging whether their
interests can be more safely conhded TO Wing or
Loco-Foco hands, and whether the measures and
policy Of the former or latter are mos, conducive
to the general prosperity.
At the election OF 1910, the People, with grea;
uranimity, resolved upon change of men and
measures, and elevated that amented patriot,
! WILLIAM H. HARRISON, to the Presidency,
with ma ierities in both Houses OF Congress TO sup
port him in the reformation OF National affairs
rhs great revolution hailed with JOY By i'm
meose majorities of the American People, and By
R1sltitudcs o! those even who had opposed it
Had that great and good man lived, or had John
Tyler not been proved false and peridious, the
Wings would have bscome responsible for the
adoption of measures which, in due time, would
have restored country to its former prosper
Gus condition. The maadies of the body polite
were too deeply seated to be cured at once, but,
that us time might be lost Gen. HARRISON con-
vened Congress by Proclamation intending to
submit at to their consideration the measures
called for BY the exigences of the county. His
death at this momcntous period form. gloomy
epoch in the history Of our country.
By this calaNitous event John Tyler became
invested with all the powers Of the presidential
Office 1t wa. feared by some that the peculiar
views OF the Virginia school of politicians might
occasion embarrassment in the progress of
affairs, but still the integrity eff Mr.. Tyler had not
been questioned. And in this age, when 50 many
examples are seen of men sacrificing their own
interest aud their country's good to escape even
the suspicion of political infdety, 1t is not sur
prisng that many were slow to distrust his sim
cerity They could not believe it possible thar
one, who without any great claims to favor, had
been raised from poverty and obscurity by the
Wing party to elevated station, could fail to
be grateful, much less to mediate injury to his
beneiactors. a few months have served to reveal
his character, and proved those to be the trucst
prophets who had predicted the worst Weak and
vain, he had the assurance to imagine that he
coald dismenlber the two great parties of the ma
ti9n, and build up party founded on the patron
age of the Government The Loco,Focos were to
be won over by his conscientious opposition TO a
Bank, and his equally conscientious scruples about
removing them from office. La tbs pursuit OF this
silly project he has eticctually headed himself
Vexed the failure of his schemes he has at last
thrown eff the mask and removed the doubts of
the most sceptcal. Those who at time sup
posed that he had been harshy treated, think so
no longer and the Wing party are now unani-
nous in their condemnation as they were in their
votes which raised him to his office.
Enll ], ,ba raj
which has been presented to you of the condition
of our National Policy, VIC invite your attention TO
subjects in which the interests of our own State
concerned. We are charged by our opponents
With having, during tho sho:t period OF our as
cendancy, involved the State in debt of many
millions of dollars, which its permanent funds
and ordinary revenues are inadequate to meet
with having projected and authorised the construc
ton Of works of Internal Improvement which
have seriously affected our credit and rendered a
resort to direct taxation necessary and imperative
VIII facts Justify these bold assertions ltshould
be borne in mind that from the death of De Witt
Clinton down to 1888, opponents held unds-
puted sway in every branch of our State Govert-
ment. The triumphant success which had al
tended the policy OF that great and revcred states
conounded the systematic efforts OF It's early
opponents and converted all parties to It's support.
he Van Buren party, relnqulshng then former
opposition to it, became its most strenuous advo-
Gates. In the height of their power, that party
embarked the State in vast projects of Internal
Improvement. under false and tailacious estimates,
furnished by interested or political agents, in seme
instances adopted and acted upon with direct
view TO political capital. The enlargement OF the
Erie and the construction of the Genesee Valley
and Black River Canals were projected when that
party held absolute power in every department OF
the State Government.
La 1885, when the Wings had acquired a ma
.iority in the popular branch of the Legislature,
Governor Marcy recommended the more speedy
enlargement of the Erie Canal. His recommen- !
dalon acted upon by the Wings in the AS
semby and by his political friends III the Senate,
and a law was passed authorizing the Canal Com
mis.iouels, ali of them his political friends TO
make contracts to carry into effect the recommen-
daton emanatng from himself. The Canal Com
missioners entered into contracts accordlngIy.-
The amounto of the contracts thus made comprises
the principal portion of the existing canal debt OF
the State. ltis not our purpose to call IN question
the wisdom of those laws. We only wish the peo- |
pie to urig gin of this famous debt and the
agency though which it was contracted. In the
whole amount OF the casal debt the Wings are not
really responsible for over million OF dollars
Ii Is true that The w hg State ohcers touho shehi-
selves called upon to issue State stocks TO reise
money to meet the contracts OF their predecessors
But did this increase the State debt Ii changed
the creditors and the evidence oi indebtednesS.-
But the amount remained the same whether due 10
the holder of stock for cash advanced or to the
contractor sn,,ed to demand the money for work
done under his contract with the Lsco-F Foco Canal
commissioners! Yet this debt, thus contracted,
has with impsdcnce unparalleled, been charged as
delinquency on the Wing party The bodness
with which this mendasinns sta,nmant has been