The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-03-16
Correspondence Of the Madi.onian.

PHILADELpHIA, l4th March.
Nh Editor-Before leaving your city gave you
TO understand, that in journeying North aud West
might possibly keep you advised oflhe state OF pub
Inc sentiment in the different sections of the country
through which 1t was my pleasure TO pass con-
mence then with Philadelphia. The all absorbing sub
ec Of discussion here is the currency IL is particular
y soJust at this moment growing out of the circum-
stance that the Legislature has taken decisive mea-
sures to compel resumption Of specie payments
The Dill has finally received the signature OF the
Governor, and has become law. The banks, for
some time past, have been putting themselves in
condition to comply with the acquisitions Of the act
and the just and reasonable expectations of the COM
munity. Public sentiment would not longer tolerate
state OF suspension
All eyes now directed to the Seat Of the Gene
raj Government The questions frequently pre-
pounded What is Congress doing for the regulation
of the currency" What do they propose doing
for the relief of the country2' Will they follow
the suggestions fthe Executive in the passage of
the EIcheauer BILL will they continue to suffer
their valuable lime to be spent in the frivolous discus
sion of subjects which are of moment to the
| country 2"
From what can ascertain Of public sentiment, the
people will not sustain their representa- ves in pur-
suing such course Of policy. They demand the
speedy and favorable action OF Congress upon this
subject; and without such action they will not TEST
satisfied. The reports of the committees upon this
ject well received. That of the Senate, sub
mied by Mr.. Talmadge, and which goes more into
detail to say nothing OF the able report of the com
mee Of the House of which MIR. Gushing is the
chairman has done much 10 inspire renewed confi-
dence in the minds OF many in regard to the entire
feasibility ofthe well digesed plan by which it pro-
posed to give TO the country sound and healthy cur
rency without the aid or Intervention Of old FASH
toned Bank of the United States Here in this city,
where the blessed effects have been experienced grow
ing out OF the corruption, the iayoIsm and, was
going TO add the rascaty of the Bank, the people
the great body OF the moderate, candid, inielli-
gent, and patriotic portion constituting the mechani
cal, commercial and mercantile classes--have no de-
sire to such institution re-established, much
less to its corrupting influence extended or pepet
uaied They GOT the Exchequer, believing that it
will give TO the country currency adequate to the
legitimate business Of the nation Of equal value
invery section Of our widely extended counIy-a
rency which knows no fuctuaton which ex periences
no dminuiion in value, and which is iree-enlirely
free from the corrupt and cofruptIng influence of
old fashioned Bauk of the United States.
will remark in connexion wi this subject, that
members of Congress do not keep pace with public
sentiment if they suppose that the people desire to
see such institution incorporated in preference to
the Board of Exchequer recommended by the Exc
cutve.
am gratifed to find, sir, that the Administration
The firm, the noble, and patriotic stand taken by the
Executive has inspired renewed confidence in the
people, that, SO long the present incumbent is in
the Chair the affairs of Government will be wisely
prudently, and ably administered.
The factious disposition manifested by the Senate,
tions, is thwarting the views and embarrassing the
action of the appointing power is exciting the sur
prise and regret Of the thinking and moderate men
of all parties. The motive influencing them, seems
here to be fully understood and justly appreciated
1t finds no favor or approval among the people
Here where the high character and standing of those
who have been rejected is known the conduct Of the
Senate is viewed sngulary nexpcable if not unjus-
tifaby vindctive. Ii has had the effect as you might
reasonably have supposed to rally around the Execu-
tive band of warmhearted and devoted patriots
who resolved, in good earnest, to sustain him in
portant duties with which he has been intrlsted by
his country
OHIO