The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1844-12-26
THE vERAoIoUs AND CONSISTENT
GLOBE.


little regard for ruth and consistency as The
Globe. Its columns, since last April, show
that il has at different times taken all sides on
the Texas question. First for annexation
Then opposed TO il, because il thought through
| the aid Of Mr.. Van Buren,, il had discovered
that an armistce was in existence between
Texas and Mexico. BY and by Mr. Buchanan
| cleared array The fog. and the Globe dscoV-
| cred that there was no armistice. Now, since
The election of Mr. Polk, who SO loud in favor
Of immediate annexation as the Globe
The Globe of Saturday and Monday last
took pains to- 90 out OF its way to make assaults
on Mr.. Tyler. In doing SO, 1t has uttered de-
liberate unuuths, as we will show, Tor lhe
purpose of misleading its readers and preJudic-
ing the mind of the public. In the hrst article
alluded to, the Globe speaks of "Mr. Tyler and
his National Bank and Branches" evidently for
the purpose of conveying the idea that he Is IN
! favor Of such an institution, while no one
| knows better than the Globe that Mr.. Tyler
has ever and on all occasions been found in OPP
position to it. "His corps of repositories, banks,
brokers and what not--all specializing and Oh
tanning money out Of the People, by means oil
revenue drawn from their pockets"-kind, In
deed, on the part of the Globe, thus 10 sym
palhize with the People. But from whence
were the million Of dollars drawn that
has gone into the pockets of the conduc-
come out of the pockets Of the People? Ay,
and from their hard earnings. Let US contrast
the condition of the tillers OF the soil, who con-
tributed the money on which the editor of the
Globe is luxuriating, with his own; the former
toiling from morn TO night to acquire supper,
for his family, practising frugalily and living IN
the rlanest manner, while the editor of the
Globe hourishes his splendid equipages-his
town house, his country seat, and farm with
grounds embellished in style of Oriental splen-
dor and magnlfcence! ..
If the deposite banks have obtained usury
out of the People" under the Administration OF
Mr. Tyler, they did so also under the Admins
tration of General Jackson, and with his sane
ton. In his celebrated paper read to his Cabi-
net, announcing his determination to remove
the deposites from the Bank Of the United
States, General Jackson said: "The funds
of the Government will not be annihilated by
being transferred. They will Immediately be
issued for the benefit of trade; and if the Bank
Of the United States curta, its loans, the State
banks strengthened by the public deposites, will
extend theirs" This is what the Globe now
denomina,es usury by the banks at the expense
of the People.
The Globe asserts that General Jackson re-
moved the deposles with view ultimately to
divorce from all banks, and to the establish
ment Of the Independent Treasury proposed by
his successor" No such idea was ever enter
tanned by General Jackson, and the columns of
the Globe furnish the proof Of it. On the 18th
of February, 1894, the Globe said, sin making
the State banks the fiscal agents of the treasury,
the President has taken a course which marks
his final determination in relation TO the sub
ject. He is convinced by the experiment al
ready made that well managed State banks are
fully adequate to the performance of all the du-
ties connected with the collection, the safe
keeping and transfer of the public funds. He
is also satisfied that they are fully competent 10
carry on the business of domestic exchange be-
tween the different parts Of the United States,
in manner that will be both convenient and
satisfactory to all. We feel ourselves author
lied TO state, that The President is firmly re-
soiued 10 adhere TO his plan of State banks"
What direct contradiction this Of the recent
declaration of the Globe, quoted above!
If General Jackson had in view to establish
ultimately the Sub-Treasury, as asserted by the
Globe, now, then it acted the part OF traitor to.
wards him.
The Globe, of the 18th of November, 1894,
contains an elaborate editorial article. in which
1t denounced in the strongest language the
plan proposed by b. w. Leigh for keeping the
public moneys, which it will be seen was the
Identical scheme which the Globe extols SO
highly now.
The Globe said, 9" he (Mr. Leigh declares
to us explicitly what sort of system of deposi-
tories, according TO his opinion, the Constitu-
following passage, viz:
Let general treasury Office be established al
the seat Of Government, under the management of a
treasurer, and local treasury Offices established in
each OF the States, as many as should be convenient
under the management Of assistant treasurer re-
curing bond and security from the treasurer and "a.
sis,snt treasurer for The faithful performance of
their trustlet the revenue be deposited in these off.
ces it should be collccted-gve power TO the Sc.
cretsry Of the Treasury TO remove redundant funds
from one office to another where convenience should
| hem n he dishn
treasurer to draw warrants on any Office he sboul
think proper, guarding the power b, suitable and eff
cient checks-make It embezzlemeot and felony IN
him ~ilfuy to issue any warrant, under authority Of
law, at the bidding Of any person whatever; and
make 1t embezzement and felony in any assstan,
treasurer to use for his own purposes lend to others
or pay away any money, except 10 warrants drawn
by the treasurer, in due form Of law"