The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-08-29
From the DAILY TROY Budget.

THE PRESIDENT
Let us consider the acts of the President in their
order
He came to the Presidency by the votes of the
Wings and by the death of General Harrison. In
this he is not in fault.
Clnrency.-In his public documents he has declared
himself in favor of plan Of finance that should fur
nsh national currency and facilitate exchange,
while performed the duty Of safe-keepng and dis
bursting the public moneys.
He differed with the Wings to the mode of
doing this,-they choosing United States Bank and
he National Exchequer which united the Sub-Trea-
sury specie principle, with the faculty OF producing
a national currency, thrown out In paying national
debts and obligations Of the Exchequer. The Bank,
with all its advantages, has proved a corrupt and
powerful engine, producing evil well good
The -EXchequer was not liable to these objections
and consider it decided Improvement upon the
Bank So the people think In this the Executive
has sought to attain the end aimed at by the Wings
and the country and the Wings assailed him be-
cause they insist on great Bank, powerful enough
to control our monetary system and the Government
itse f. In this we no ground to the
President.
Taif.-In December last the President in his
annual Message, recommended discriminating Ia
riff so constructed to give protection to American
industry in all its forms, and raise a sufficient
enue to sustain the credit and character of the Gov
ernment Of the Union. In this, all agree that the
President was right.
ed until eight months after he pressed the subject
Congress. The consequences of this omission were
proslration of the credit of the Union of States and
individuals, and general arrangement of the cur
rency of the country threatening general bankruptcy
and ruin For this eight months delay, and this wide
spread ruin, sweeping away our industry and pros
perity, the President is not accountable For that
Congress must answer
| For the Veto of the log-rong Tariff combining
two separate SUBJECTS Distribution as well as Tariff,
f,n HoptI 10
Clinton is also responsible for similar Veto to pu-
rify the legislation of New York and from that day
TO this his act has been approved and the practice
abandoned.
1t is manifestly right that every subject should
stand upon its merits, and be acted separately
| OF this the people do not complain.
On the great subjects of Currency and Tariff we
see no reason to blame the President. On the con-
trary, we approve his public acts relating to them.
| Army and .Napy-The President has recommended
that the Army and Navy should be sustained and in
vigoraed, so to be able to protect our expanding
commerce and our extended country. This the peo-
| pie agree to as the right plan
Congress has refused to carry out the Executive
recommendations, and has sought TO reduce our
small Navy and riling Army pretence of
economy. The members of that body might have
| set more patriotic example of saving public mo-
ney, by despatching the public business promptly,
by reducing their eight dollars per day to three or
four, and cutting down their travel fees to actual
cost.
Whatever motive Congress had, no impartial man
can doubt that the Executive recommendations were
right to the Army and Navy
Repudiaion.--The President in his messages has
censured, in the most pointed terms reputation in
| any form. This all honorable and honest men will
| approve.
| North Eastern Boundary &c.--The President has
hal the good fortune to adjust difficulties with
Great Brltain and secure us peace, while he has
maintained the honor and dignity o! the country
This is most fortunate event. and alike creditabe to
| two great nations.
While peace external is preserved, a war upon the
Executive is proclaimed in Congress, which promises
the most disastrous consequences to the suffering peo-
pie OF these United States. We are told that defeat
and degradation must fall on one of them Is this
right? The President aud Congress are the agents of
the people, and bound to act conformity for the public
veal If either Congress or the President shall so
far forget their duty to employ their Official powers
TO assa each other the assailant will be Justly held
| faithless to public duty.
| What excu can be given after an eight months
session of Congress for not passing general Tariff
and settling the currency question The party in de-
| preaching elections.
The party that came into power to settle the cur
rency has not settled it, and has almost destroyed a
circulating medium 10y uusettllng the Tariff and the
| basis OF credit This party pledged to sustain
credit and they have destroyed 1t TO establish sui
hcient Tariff, and they have not done it and Amerl-
can labor is without employment and without reward
These are broken promises which will rise up IN
| judgment against those who made them.
We hope that peace may be speedily restored al
home ami abroad, and then the light of former pros
perity will dawn upon our beloved country.
ARIsrIpEs.