The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1844-08-20

course which my own judgment suggests as
proper and | now announce 10 them and the
country, my withdrawal from the Presidential
canvass.
cannot omit to accompany this public annun-
citation with few remarks, addressed to the
Republican portion of what was called the
Wing party of 1910. | make no appeal TO that
other portion, which was formerly known during
the early periodof our political history, as Fede-
raists, at a later day as National Republicans,
and now pass under the general appellation OF
Wings. Such an appeal would be wholly out
of place, since their political principles are en-
trely at war with those II have advocated through
lie | mean no impulation on their motives OF
their patriotism. doubt not that the old Fede-
raj party in the lead Of which stood the elder
Adams, were as deeply and sincerely convinced
of the necessity Of the Alien and Sediton laws,
as the present is Of that Of Bank OF the Uni
ted States, with other measures equally latltu-
dinous, along with the abolition OF the Veto
power, whereby to convert the Government IN
TO a mere majority machine-to make il the
Government of single nation, instead OF what
1t is, political campact between free, sove-
reign and independent States, by which 50 much
power and no more, has been granted to a com
mon Agent Of all the States, as they esteemed
to be necessary for The promotion OF their mu-
tual happiness No; TO them l have nothing
to say If have received their support al any
time, il has been, not from attachment 70
me or my political principles, but from some
supposed influence which might bring TO bear,
as secondary agent, in advancing their pur-
poses. All the obligations which | have re-
ceived for such reasons, have been more than
counlerbaanced by the untiring opposition
which | have encountered al their hands since
attained my present station, and the constan,
and unmitgaled abuse which their leaders
have poured out in a torrent upon my head
designed, as verify believe in the first
instance, to drive me from the Government
and in the last to overwhelm me with obloquy
and reproaeh. Blu, have right TO address
myself TO those, who, like myself, co-opera-
ted with them in the contest Of lS40-who
were, and always had been, the advocates OF
the principles Of the old Republican party
whose strenuous efforts have always been di-
rected 10 preserving the compact of Union, I'M
broken and inviolale-who have sustained at all
times the principles Of the Republican party OF
1898 9-who have participated, from time 10
time, in all Republican niumphs-whose fathers
were victorious over the elder Adams in the
election Of Mr.. Jefferson, as they themselves
were over the younger in the election Of Gene
raj Jackson. To this portion of the Wing par
ty of 1910, feel that have full right TO ad-
dress my self ; and now seriously put it to them
to say, whether any expectation Of good to the
country which they had formed in the election
of General Harrison and myself TO the Presi-
dency and Vice Presidency has been disap-
pointed2 Many Of US had been thrown inlo
opposition to General Jackson during his las,
term, having voled for him upon his first and
second election, because Of certain doctrines
put forth in his Proclamation, and because Of
certain measures which followed that ceebra
ted State paper. Our opposition proceeded from
no spirit of faction, but from what we esteemed
i, 10 be, sacred regard TO the high and essen.
tial principles of the Republican party-and
regarding his successor as in great degree
identified with what we esteemed as errors
in General Jackson's Administration, our OPP
position was continued 10 him. The state
and condition Of the country also seemed 10
require change in the general Administration
- he
which you promised yourselves by going into
that con,est7 You demanded a rigid economy
to be observed in the public expenditures
Have you in this been disappointed You
required accountability on the part of all public
agents Has it not been fulfilled Let the fac,
that defaulter has become almost unknown for
the last three years answer the question. You
asked that course OF policy should be adopted
which should purify and reform the currency
Was the currency of the country ever in a
better condition. Let the rate of the Ex
changes between all parts of the country an
swer the inquiry Has the day ever been
when the currency was soundet or the rates Of
Exchange lower2 You sought once more tC
put tae mechanical arts in active operation, anc
to relieve commerce from the blight which hat
fallen upon it. The first has revived, and tn,
last has unfurled its sails, which now whittier
almost every sea. The paralysis which hac
fallen on public credit, to Nd extent so grea
that The poor sum Of 100000 of Government
stock was offered to European and American
CAPT alists without our being able TO find for ii
purchaser, has passed away, and well supplied
Exchequer gives evidence not only of the ex
panson of trade, but OF the stable basis OF
which rests the public credit. The very stool
for which no bidders could st one time be found
now readily commands in the market an ad
vance OF fifteen or twenty dollars in the hun
dred. In the mean time | submit it to you L
say, whether the principles of the Republican
party have not been closely observed in all tina
b,s heen done Did those ntincinles reouir.