The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-03-03
From the Glob,
THE TRIPLET PROJECTS.

|
people take to discover the differences between the
three Treasury bank projects which have been sub
mitted to Congress 1t is all g loves labor lost."-
The three plans one, and only graduated on
regular scale to feel the pulse of the public and find
| which will go. The first concocted by BIDpLE and
WEBSTER, was the most barefaced and vicious, and
was nearly universally condemned. Mr.. CUsHING's,
| which came next, omitted few of the most revolt
| ing features of the BiDDLE and WEBSTER plan, and
was less detested. Then came TALLMADGE's third
| and last, and omitted little Of what most
demned in Mr. CusHMG's and SO is the least exc
Grated of the three But all this is cobweb work to
catch the weak flies. The frame work Of every plan
is the same The structure of every one is the same
| The organization, design, and object of every one
are the same They are all Treasury banks to sup
ply the place of the deflnct National Bank and the
| exploding local banks, and to convert the Federal
Government into paper machine and a banking es-
Enlistment The miserable little limitations are too
shallow to deceive blind any body. They are
tricks to catch the simple-bait for gudgeons. The
real object is to unite Bank and Sate-to make Bank
the master Of State-to flood the country with paper
| money-to introduce an exclusive paper money de-
preciated currency for the Federal Government as
well as for the States and the peopleand in the end
to lead to the establishment of another king bank 1t is
the work ofhe paper money party-ofthe party which
constitutes the rump Of Bdles bank and the broken To-
cal banks, and who having deyoured the former,
look the credit and revenues of the United States
to furnish the foundation for new paper emission,
Paper money what they are after and corporation
paper having failed Federal paper becomes the
source. The Constitution is nothing. What care
the paper mongers-the stockholders, the broken
bankites-what care they for the Constitutions No
more than a COW cares for Greek. They after
paper money, and paper money they will have, if
they can get it, in defiance of all the paper constitu
tons in the world. Nothing is palmer than that the
Constitution recognizes nothing for currency but
GOLD and SILVER. Yet this paper money party
tear that clause out of the Consttuton-nsert pa
per currency in its place-brng three bills before
Congress to alter the Constitution, by substituting
paper currency for a specie currency, and laugh at
those who appeal the Constitution to arrest their
parricdal work To such people the Constitution is
song in FOOLS mouth. But what will say the peo-
pie to this Are they willing for the rump of the
exploded and exploding national and local banks to
tear up the Constitution, build Treasury bank for
themselves insert some burlesquc limitations, make
it what they please when they have got it
ed and riot il the spoils Of the Union after the cleo
ton of lS44, if then successful And this is what
the two uet0es bring us three projects, every one
more fagranty unconstitutional-mor hagrantly fla
gtous-more palpably dangerous than either of the
vetoed bills. We have heard many Democrats say
that they deem open undisguised, Hamtonian
National Bank far preferable to either of these three
plans and we presume that will be the gene raj opn-
ion before the subject done with AS for all the
shilly shay stuff about dollar for dollarno loans
no discount-no more than fifteen millions to be is
sued Sc Sc. it all sheer trickery to catch simple
tons--milk for babes, but not meat for men.
The above conglomeraton Of rhapsodica and
incoherent ideas, is doubtless brief extract
| from Mr.. Benton's forthcoming speech on the
Exchequer. The ugly tracks Of the tremendous
| Humbugger are apparent throughout all its
ecstatic deviations The editor of the Globe
never indited such palpabe nonsense in his life.
A blind man could tell ii was Benton's. There
is an odor about it that cannot be mistaken.
We invite our readers, both in Europe and
America, to peruse it carefully. 1t is the fan
tasy of ignorance, impotence, and humbuggery.
A great Missouri bull believing through the
Avenue, would starrle precisely the same SEN
sations produced in the breast of an intelligent
reader by the perusal of this extract from the
great humbuggers next speech. There is
aeither patriotism nor intellectually about the
thing Mr.. b. depends upon the ignorance Of the
people to poke his way into the Presidential
chair But fortunately the ignorance Of the
Democratic party is not 50 great as that of the
mad Senator himself AT least moiety of the
Democratic presses will be found unwilling to
plunge head-long nto'the mud after this great
believing lsuS nature,