Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1844-11-21
From fhr Elnb<
From The GiObe.
The original Differences on which Par.
ties ilB the United STATES Div ided.

t-cs Ib t0e mteS states DIV 1Oe0.
No time IS filter than the present bring before the
public the great principles which, at the formation Of the
Government, originated tie measures which divided the
nat on INTO two great parties. We after all the
trlumphs of the Democracy, by the o5que and artful
mana cement Of tie of Federal politicians,
brought back the gol from which the two competing
p1r,ies contendng for the direction Of the Government
started.
Federalism, as every honest and intelligent man
mus; conf s. has for years had control of tie banking
system TINS country Every body knows that the
Bank Of tie Uniied States tie engine Of Federal
ism worked by Mr. BrDDLE, who Piled all It's powers
To give effect TO the designs Of the political leaders Of
the party Every body knows that the State banks
almost universally cooperate with the National Bank
BY lending all their political influence to subserve the
same cause. The managers OF the State and National
Bank, WERE fact. almost universally ldenlhed IN
nere and classified by pursuing similar professions.
They were merchants manufacturers, capitalists hold
mr. stock and lawyers in the employment of the
bank These men, rming the traln-band Of Fed
eraIsn have brought tie currency and credit OF the
country 20 lis present condition.
The So moncved men-these paper credit men
hese credit system men-have led the III all the
speculation 10th among the States and individuals,
WIN n has brought country the debt and emba
rdssment with Will II IT Is overwhelmed. Iils party,
under the ADAMS and CLAY administration, proposes
the gigantic system of internal improvement which,
being rehuked BY the election of General JACKSON, and
IL
to the State Legislatures by their leaders. They met
with imposing their projects upon many Of
the States.
The bold and rash haste with which Mr.. CLAY, at
the extra session. abored perfect every lneament of
the British system IN that which he proposed, leaves
nothing TO conjecture. HAMILTON, HIMSELF did not
openly the embrace of that corrupt Govern
ment, which he had advocated in convention, and
which he had secretly resolved TO impose by construc
the country. having failed TO secure 1t in the
express provisions of tie Constitution. What HAMIL-
Ton did cautiously BY degrees, Mr.. CLAY eapcd to IN
the called He distributed the proceeds OF the
lands, the indispensable of the Treasury Is
now apparent with a pay interest on the debts
of the States which tie first step towards an alb
salute assumption. He then proposed a loan to begin
the work of raising that BILE sng-a naional dcbt.-
Then he gave US the first n>talment Of the increased
tariff which he has proposed to spread out, over
| sados wing the compromise law, which was to settle
this vexcd question and give peace the conendag
and interest Of the country. Next came the
] Bank and the paper money sysem which was TO blot
out the clause of the Constitution making hard
money Government
That readers may perceive how precisely all
tho 80 measures comprehcnded within the grounds
of the original disagreement III General WASHING
Tons Cabinet. from which srrang the two great par
tics Of this coun,ry-one headed by General HAMILTON,
the other by Mr.. JEFFECsoN-we give n leader from
General WAsurNGToN himself to General HANILToN,
rocapltulatIng all the points involved IN that ds'en-
: on Mr. JEFFERSON had, In a long. labored and at
fconatc letter, laid the apprehensIons OF the friends
of popular government before President AsIINGToN
He notified him. that letter. of his wish to ret re
from hi Secretary OF State to private Lie
but before taking his leave. he wished 10 guard the H.
lustrious President against the dangerous maclina-
ons of the Secretary of the Treasury To make
British Governmental Government controlled By a
rnoneved aristocracv. General WASHINGTON copied
the heads of Mr.. JEFFERsoNs letter, (and to prevent
enmies among the members of his cabinet, ascrIbed
the sentiments of Mr. JEFFERSON TO Mr.. Mason OF
Virginia. and sent them to General HAMILTON, thai
he might obtain his views h m ALL General
HAMILTON answered IN a voluminouS letter. OF which
the President acknowledged the receipt. but
ing which he EXPIRES sed opinion, saying that he had
not time to do than give cursory reading
/ That letter is, as Mr. SrAEks tells u, withdrawn
! from the Washington Papers. The HAMILToNs, who
who have published life of their father. have not
chosen give the copy retained by him to the public
The reason for this is not explained-but If per-
mitted to make conjecture, we think very proba-
bic might be suggested both for the withdraw
al of this important document from the papers of Gen
eral WASHINGTON, well as lis suppre sson by the
family Of General HAMrLTov. IL is not improbable
that. in frank and conid initial letter to his friend
the Chief Magistrate. who, is known. had his doubts
of the of our republican system. HAMILTON
had unbosomcd the Utmost feeling, Of the Federal
party in oppos ton To it. After the triumph of Mr.
JEFFERSON. every b DIV knows that Federalism has
been compelled 10 vel IFS aims in this country, and
it. advocates have been compelled to approach It's OBJ
lcc,s by conccal.ng lis principles.
The letter of General WAsHINGToS, stating the
grounds of opposition held by Mr.. JEFFERSON, shows
concu lively. however. that the obnoxious measures
vcniurcd on by HANHToN, are every one of them en-
braccd in Mr.. GAYS extra session system.