New-York daily tribune., 1843-09-28
The sub-Treasury rssue'
The following is the concluding declaration OF
the Resolutions adopted by the Van Buren, meet

ABANDONING an houes issue. because whsa tts'
presented, The public mind may no, be pirps'se 'o ~ =
lain rressn, It, determined that II shs. De " "
established policy OF The couctsy We SO os 'ne
6 10 a,,bor he cause esd the nrG':, TIE Independent
Treasury and :hqrtfs Pa' B;t'sH'
We are heartily reoiced to see this issue pre-
scnted If there was ever q measure oi national
policy stamped with the veto Of public oplnon,
znd utterly rejected by the constitutional voters
Of the Union, it is this identical scheme Of
Martin Van Buren, for the establishment OF an
Independent Treasury'-independen only u
being absolutely dependent upon the Executive
viii. Il. is tbs only political measure which Van
Buren, ever attempted to originate, and the tate
it encountered was not such as greatly to en-
courage its ambitious author IN devlslng new
schemes Of national policy. 1t was thoroughly
and universally discussed in l940; the args
ments o. its most able champions, the approving
and commanding nod from the Hermitage, the
whole power of the Executive department and Of
the parfy drill were lnarshaled to its support ana
yetit was secuted by an immense majority OF the
American people. The only special favor we
have TO ask of the Loco Focos is, that they Will
force it, in appropriate connection with then Free
Trade absrrdities, to another public judgement.
We venture to predict that it will prove their
last experiment upon the popular ignorance.
But it should be distinctly borne in mind that,
even if they choose, the Loco Focos cannot repu-
date the Sub-Treasury scheme. They have moi
even as plausible an opportunity for playing al
fast and loose upon it as they have upon the la,
riff On the question Of Protection, Van Buren,
has neusr avowed an open, straightforward, man
ly and consistent opinion. The chief aim of his
whole political life, so far this question is con
cerned has been to diyergc as continually and as
far as possible, from straight hne The nos
crooked stream in the universe never meandcre0
huff so windingly or half go gracefully as have
Van Bursn's opinions on the subject of Protection
10 the West he is both The Syracuse Con-
yent:on udicious!y reso!ceS in favor of revenu,
Tariff iudicionsiy Protective. Van Buren, does
not hesitate to avow to Virginia, through Richie,
that he is uncompromisng in his hostility to tht
Protective princiolc.' In his Indiana letter the
wisest men OF his own party do not process
ability even to guess what is the meaning he In
tends to convey. Like paper kite, 50 long as
he keeps in the eye Of the gale-and while this
blows gently and steadily in one direc.ion--he
rises ana rides with the perfection of grace. But
this facing ,phi,lwind-a sweeping blast from
every quarter of the compass-woud puzzle Ja
nus himself, though, in truth, think the p'4pi
the better master.
But On the Sub-Treasury scheme there is no
such chance for dcdging and skulking. The first
blows the ambitious political so!dier ever struck
were upon the liieless carcese of the Monster
which his master had killed. His pas,eboard
weapons were Aourished with most promising
chivary, and, as certificate of featy, he inner
tied the weapon with which Jackson had slain
the Bank. He considers himself, therefore,
miniature edition of the Bank destroyer. His
party has succeeded in subvert;ng the National
Institution, beneath which we enjoyed for many
years the best currency any country ever possess
cd which furnished the safest depository for the
public money the wisdom Of man has ever devised
and which proved, during all the years OF its ex-
is.ence, a source of greater national blessings,
with fewer practical errors than any institution OF
equal magnitude ever known In this destruc-
tion he claims far greater agency than he ever
had. He is committed against It and irreyocablv
IN tapor Of its antagonist, the Sub. Treasury
Scheme He devised it, argued it in messages
and letters without number forced it upon Con.
gross in repeated opposition to the popular will,
made it the platform for the Loco Foco party in
1910, signed the bill creating it and saked dzspon
it's success his whole political fortunes now and
forever. He has been utterly crushed beneath
the popular detestation OF his financial bantling
And with firm reliance on the depth, the intel
lgence, and the abiding strength Of this hostility
of the American people to the principles involved
in this Sub-Treasury scheme, the Wing party
may we'll defy him ever to rise. Let him rest in
peace, for no resufgam gives hope from his tomb.
We are glad to sec that the Loco-F Focos them
selves perceive and acknowledge the utter in-
possibility OF repudiasing the responsibility they
at first assumed They cannot deny the ncces-
sty of some system tor the saic-keeping of the
public moneys. They have destroyed the Ma
nonal Bank, denounced the Pet Bank System
both of which they created and lostered-and
pledged themselves TO the plan of committing the
public money to individual agents under the con-
troll of the Executive power, We are heartily
rejoiced that they maintain their ground.
IL The Eren'ag Post reads = very sensible
and well, Timed lecture the practice OF political
ournals, to magnify or disparagc the numbers at
tendant upon political meetings. There is much
ground :or its ccnsures, bu; none whatever for
aiming them especially, and confning then. en-
tirely, to the American The Post may find
far more opposite example in its kinsmsn the PIE
6eiaa. for that print did hesitate to declare