The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1842-02-24
THE EXCHEQUER BOARD-PARTIES-T
INTELLIGEN CER-THE VETOES.

reported by the L nance CoHhitIee VI 'he Se
nate, for establishing a'Fiscal Agency OF the
Government-to day we publish, In part, the re-
port by which it was accompanied. The neces-
sty, universally experienced, forthe speedy adop-
ton of some remedy for The disorders of the
currency, and the anxiety felt to learn, at as
early period as possible, the details of the mea-
sure which the researches of the Committee
have devised and the wisdom of Congress will
probably sanction, render supererrogatory an
exhortation to our readers to give these docu-
ments, as well as those we Published last week
from the Currency Committee, in the House,
careful and thoughtful perusal. Nor is it requi
site to rel eat that it is duty incumbent on the
present Congress to act promptly in framing a
feasible plan for carrying on the financial opera
tons of the Government, and for regulating, as
far as proper and practicable, the currency Of
the country. 1t is duty, the performance OF
which is mperatively demanded by the stua-
ton in which the public treasure is now placed,
and from the ruin and disaster which pervade
the whole country and emanate from disor-
dered state of the currency. For the faithful
performance of the important duty entrusted to
the Representatives of the People, they must be
sensible that it behooves the wise, the upright
and patriotic of all parties, without distinction,
to surrender sectional jealouses, party anupa-
thies, and groundless prejudices of every form
to the good of the country, and unite on the
neutral ground the outlines of which have been
already marked out, and thus in the spirit OF
judicious and conscientious compromise they
may yet accomplish every thing desirable.
We should regret to learn that there is any
man in either House of Congress who is so OBJ
stinately welded to all the practical and Incl
dental applications of dogma well as to its
abstract principles, that he will yield nothing
no, not the least essential detail-to the great
object of producing measure beneficial to his
country, even though the benefit anticipated
might be thought but Of temporary duration.
But, when there is prospect of permanent ad-
vantage, the hope, like all other human hopes,
may prove illusory but, when there is such
hope, and well grounded too, can the people OF
the country, who are the most deeply and feel
ingly interested in the result of the deliberations
of Congress, forgive such of their servants, to
whom they have con6ded the guardianship OF
their prosperity as statesmen, as patriots, as
faithful agents, who, impelled by personal mo-
tives or factous prepossessons, shall reject eve
nv measure proposed for the public veal, unless
own preconceived views, or because they can
not claim the merit of its conception ?
We know the strength Of attachment which
is formed to doctrine which has long been re-
garded as correct: if learned in our youth 1t be-
comes too deeply impressed to be eradcated, and
when it has reached to any maturity it is hardly
susceptible of any change of character. doc
trine of which we think ourselves the orl-
glnal author, obtains an equal ardor, devo-
ton, and obstinacy of affection. The feel
ing ACQUIRES reduplicaon of vigor, when
the doctrines have been assaled, and we
have been frequently called upon to combat
zealously in its defence. In such circumstances
what was at first principle degenerates into
bgotry In these views we can find some pal
laton for the obstnacy of those, who have long
figured as prominent combatants in the political
arena But these constitute but very small
fragment of either House of Congress or of po
litcal partisans throughout the country, and
these even, we trust, are imbued with strength
of patriotism sufficient to counteract in some
degree heir dogmatism. But the majority can
not have been stiffened into such rigidityI OF
stubborn adhesion to partisan notions, that
though recttude will not and should not permit
the derilection Of a principle-the love OF coun-
try will not impel them to the concession OF a
theory of mere expediency.
Our only hope is in the determination of all
parties to concede something for the general
good. If neither the advocates of the pure Sub
Treasury, nor of National Bank will yield
anything, and will cling each to their favorite
systems in all their integrity, then indeed is the
fate of the country sealed for years. and we
expect nothing but prolongation of our misery,
increasing daily in intensity. Will either of
these parties or any individuals of them, have
the hardhood to place the ,nselves in such
position before the country? We should hope
Motive trust confidently that the parties at
least will not, if few spirits should be found
to be the willing slaves Of faction.
In determining the manner in which the great
question OF financial policy should be settled
old feuds and names should be forgotten-and
principles only should be discussed. Ii we sui
fer ourselves to be seduced into battling under
strict party discipline, nothing will be done tor
the People. The violence of party spirit is for
the moment luled into quiescence; the attempt
to arouse it into its former animation would, on
this measure be an inhiction enhancing and
prolongng present disaster. With these ideas;0
we were astonished at reading the article in the
Intelligencer of Yesterday morning. With al
specious show Of encouraging spirit OF for-