The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1843-05-15
Mem 9ora Correspondence.
New YoRK, May 18Th, is45.

loI iHcI COHslutfdtlOH.
Having seen much of this country and many
Others, and been an attentive locker on upon
the great drama Of human life, the writer's at
tention has been more particularly devoted 10
that part of il which constitutes the happiness
of the great mass of society here and else
where so far as the different forms OF govern
ment influence it, He has thus been led TO con-
lrast with others the glorious institutions of his
native land, and thinks he has discovered some
OF the reasons why a system like ours, having
It's foundations laid deep in the purest and best
principles, does not work out the amount OF
il was intended to produce, though 1T
SO far excels all others in It's general benefits.
The defect is not in the system, nor in the
People, but, unhappily, state of things has re-
Gently existed, which has placed the public af-
fairs of the nation too much in the hands Of
seif-iDterested politicians, who ''live, move, and
have their being" in the temporary excitements
which they create. Their chief endeavor is 10
throw a mystery around human affairs, which
does not in reality exist, and thus TO build up
theories upon false premises, and carry the
People with them by administering to that
feeling, common among the uniformed, of
yielding their assent to high sounding phrases,
and empty defamation.
Now, it cannot be, that in this enlightened
age, among sensible People like the honest
yeomanry of this country, such things can OBJ
tain, if the plain truth is laid before them.
Take, for instance, the determination of a
certain party, of which Mr.. Clay is the head, TO
fasten upon the country Bank of the United
States. Such bank, it has been well said, has
become "an obsolete idea" How, ask, has it
become sol The answer undoubtedly is from
the good sense and reason of the People And
yet such a bank would have been now in opera
ton but for the political honesty of President
Tyler, who did not for moment hesitate to
prevent il by his exercise of The Veto power
Here, then, is what we have to guard against.
No one doubts that large majority of the Peo-
have before said interested politicians would
have fastened it upon US, but for the wise provi-
sion in the Constitution of the Veto power, and
the patriotic 6rmness of President Tyler.
One would have supposed that this act, which
was auded to the skies by nearly the whole ma
ton, would have insured to him who performed
it, not temporary, but lasting gratitude. Mr..
Clay and the Bank party were in the ascenden-
cy: and had they succeeded, they would have
trumphed, at least for time, and nothing but
of the last monster, could have ended the evils
which it would have produced, and that with
revulsiUn which would have shook the whole
business concerns of the nation to their very
centre
President Tyler put down the monster
the Wing party were obliged to abandon the
Government. A new Cabinet was formed, and
a ruined national credit built up and restored,
SO that IL has attained the highest confidence of
the capitalists, and commands the greatest add
vance IN the money market and what do we
see2 Why the venal politicians and presses of
both parties, while arrayed in bitter hostility TO
each other, forming an unholy alliance to Grip
Pile and embarrass at every step the act on of
the Government, disgrace the Executive office,
and destroy the national character.
submit 2 Is the system under which the
roustry is regaining its wonied energies to be
destroyed and overthrown, TO run into a new
Bank imitation, or 10 be brought down to a hard
money circulation Or, worse than all, is bribe-
ry and corruption TO stalk over the land in the
shape of the famous $500 600, 900 of stock to be
paid TO the States by the General Government
Icdnnot, nil not, believe it, The recent
elections bear an evidence that reason and re-
lection are fast returning, and resuming their
accustomed influence over the public mind
Large portions of the community have had their
eyes opened to the false professions and hollow
Of the leaders of the successful par
y of lS40-those leaders have accordingly lost
much Of their influence, and the pauy attached
10 them and Their Federal measures has dwin-
lied down below what il was in 1884.
Every prudent and rejecting man in the com
nuniry must admit that TO go into another heat
political contest, and convulse the whole
country from one end to the other, must unset.
lie the value of every kind of property and dis
urb every portion Of our business and industry. |
nd to what end President Tyler is a known
disciple Of the J, ffersonan sch ola real, true,
old fashioned Republcan-and he |
IS surrounded by Cabinet of the same princi- |
pies. Why, then, make any cbange7 | an
'wer nothing can-nothing will be gained by it !
but 10 introduce some new scheme If new
President shall come into office in ls45. he will
'e Obliged to introduce some new system. III
Mr.. Clay shall succeed then we shall have a |
Bank Of the United States. But it will be said
MS success is out of the question. Admit it to
'e so. Sill any new President will introduce
lew measures. What they VIII be, no one
inows but some tub will have to be thrown to |
he great ohaie Of party, and all will again be
excitement, doubt and perplerity.