The Evansville journal. (Evansville, Ind.) 1834-184?, 1844-12-05
THE NEW DYNASTY.

ihS SfShtS III aistteI from NdSHln5toh.-
Time viii show whether there is more fc-
ton than ruth in the views:
A grand movement is now contemplated
by the President and Calhoun, which will be
FIRST broken in the next message TO Congress
and which those gentlemen in connexion
with the other members of the Administrations,
are now maturing in all its most important
points. This movement may be regarded
as a Tyler Calhoun movement, embracing a
plan for the organization of the democratic
party in Congress, during the next session,
on those principles which have received the
appreciation of the people at the recent cleo
tons; and also looking forward 10 the acces-
sion of MIR Polk, and the creation of a set
of influences, and a peculiarly of position,
to which he will be under the necessity OF
submitting during his Presidency.
In furtherance ~oftElose views we learn that
The President and Secretary of State consid-
er the election of Mr.. Polk and defeat of Mr..
Clay as a direct approval by the people OF
the United States of all the measures, botIl
domestic and foreign, with which they may
be identified during their possession Of pow
er. In particular, Mr.. Tyler believes that
10 him and his friends, in a grea measure,
Mr.. Polk is indebted for his election. Ac-
cofdingly, the recent treaty for The annexa-
ton OF Texas, rejected by the Senate The
treaty of commerce with the Zoli-Vefein,
also rejected by the Senate, are considered
TO have been approved by the decision of
the people in this election, and they will be
renewed al the next session of Congress,
,rl riaooA Loco~o A. Co.. -. .i..S
or other. Indeed, in relation to Texas, it
may be a question whether the whole sub
ject will not be brought again, and placed al
once before both houses of Congress.
1t is the purpose of the administration
TO remodel all the commercial negotiations
with foreign nations, particularly with all
those in Europe or other parts ofthc world
that they may rival with England. The Zol-
Verein treaty, therefore, is merely the begin
ming of a series of negotiations founded on
the same principles, which will embrace the
whole commercial world, with the exception
OF England, with whom it is supposed no
treaty can be formed. In the event OF any
collision taking place with England growing
out of the annexation of Texas, Or taking
possession oil the Oregon territory, it is be-
ASsC0 W IAis 0dtjDuu lldt tnC 0cdhilG hf
oil the Cation trade of the South with Eng
lind, which might be injured thereby in The
estimation of some, would still be placed in
neatly a similar position in connection with
all other COMMERCIAL countries, and thereby
could take the position Of England in rela
ton TO the cotton trade o fthe world.
Another subject of great importance vii
also be before the Cabinet, and that is, wha
is 10 be done or said about the tariff ii
the next messagef And also on Other
questions, what viii be said? We have ev
W reason TO believe that a new plan for the
modification of The tariff will be proposed OF
somewhat similar principles TO those oil Mr.
Claws famous a~Coinpremise Bill" Ii maJ
perhaps be proposed that a uniform duty o
ia or 20 per cent may be laid ON all for
eiga commodities, TO come INTO operation ia
six months or a year, in the place oflht
present tariff OF this description would *
sufficient 10 meet all the expenditures o
the government, pay The present public debt
aud be sufficiently protective 10 Alnericai
manufacturers. The present dcbt is abod
25 millions. The surplus revenue now il
banks, growing out OF the present tariff, j
about eleven or twelve millions-neafly on
halfof the debt. The whole of the debt i
not due for fourteen years. If therefore
surplus revenue amounting 10 only two mil
lions a year 10 meet these payments accrued
from a reduced tariff, il would be s%nfficien
10 meet all the purposes Of The dehl, AM
meet also the expenditures OF the govern
Inent.
There is another important point that vii
also be brought before Congress, and that i
a complete reform of the financial system G
the government. 1t is well known that o
the subject of finance and currency. Nj
Calhoun entertains peculiar views, some yer
important, and others not so much so. w
should not, therefore, be at all surprised I
see the recent sfscal agent" proposed b
the President, brought forward with someiH
portani notifications, and some financial sy;
TEN founded on principles of the sounde.
political science, and calculated To Keep th
present banking system in check, to as grea
an extent aud more safely than it could b
done by a National Bank. What this pla
may be, we have not heard, and cannot d
vine, but we have no doubt something of ID
kind will be proposed.
The most important movements of the az
ministraiion, however, will be developed 0
the opening of the next session of Cong es
and win undoubtedly have reference to
revival of the negotiations for the annexalio
of Texas, and an effort TO modify the tart
and bring down the duties TO IL, 30 or 2
per cent. In the House of Representative
Mr. Calhoun will, without doubt re-orgauiz
the democratic party On the principles d.
cided upon by the people in the recent ele'