The Arkansas banner., 1847-08-02

lep1nify has been divided 6sg 6hSen vsSt, Iapon most exciting topics; and r cen. faVl lor, immediately apon his inanfnsaiion (, l President, was conslFsine1 to adopt eiihs, exireme, the consequences might 6u fsiai ss the success ~ his administration. Is so hap. Sspens, however, ihat the results of hIexicsr lhostillities wiIi remove many 0f those poinl. I of collision--af leaeg fnf fsw veafs debt oi one hundred miIlions ihdneas sl,e ,.e. I cessiiy of tafif, sufficiently ndsaneei iu ii. rales to satisfy New England and pennsvi. vania, and al tho sane iins will prevent sny ldistribution of the proceeds uf tlsa paklic lands. We cannot suppose fl,ns ilss whie. will again urge Bank of the Uniied slntes. and Congress will insist upoa lair trisl ol shc independent treasury, removing so1hs ol those impacticable restrictions which have embarrassed ihe fiscal action Of tile rosern- ment, and are an annoyance 10 inditidnnls. So Ear, therefore, as the past contests of the respective partIea are concerned. a1 admins iFation composed of ths leading n,iuds of all pasiies, and supported by the whole people, Is not only practicable. but msy reslound to the highest interests of siie whole country. "ODiy on one condition, however. The executive must no longer insist upon legis- lasise influence. There are questions ap- preaching, which hepeople must be allowed to settie m iileir own way, without the in- tterlerence of the executive patronage or pre- lrogative. The old political issues may be postponed under the pressure of cigcum- stances; and as for the new-filose coming even.s which cost their shadows before---Iel t be understood that the only path of safety for those who may hereafter hil the presi. dentiai office is 10 rest in the discharge oi executive functions, and let the legislative will of the people find ntterance and enaci- mens. The American people are about to assume the responsibility of framing tue in ssituiions of the Pacific States. We have no fears for the issue, if the arena of the high debate is the assemblies of the people and their representative halls. The extension over the continent beyond the Rio Grande of the ordinance of l7S7 is an object too high and permanent to be bsfEled by presi- dential veiucs. All that we ask of the in- cnmbent of the highest office under the con ssiiusioa is to Aold his hand, to bow to the will of ihe people ss promulgated in iegis- laiive forms, ndreslrain the executive action in its appropriate channels! Give us an honest administration of the government, and an end to all cabals of cabinet--alI inter- ference from ihe White House --designed to sway or thwart the action of the American people. Ii such simplicity and integrity should guide the administration of General Taylor, the north and west would yield to ia warm support and hearty approval.
 s.We have said all on this subject which the present developments of public opinion require. AS other scenes unfold, we shall seek 10 chronicle them with fair and inde- pendent comment. Meanwhile, we bide the movement ofihe waters, holding our columns and. ballot to be disposed of according to our sense of duty, as emergencies of this ] and all other questions arise"
 This letter from Gen. Taylor has thrown the Wh.g parry into most Imaginable pre- ldicameni. The National Wh:g, a paper printed at Washington City, and which flies Gen Taylor's name as its first choice for the Presidency, pronounces the letter ss6dse. tocofoco forgery" and calls its sentiments 1sity fscaddien-the Richmond Whig is silent--the Compiler drops him. and says 1 tth0 'utES VIII ottSA VI ttCtt kttttCttttCot 9UO what will be the course of inc Whig press in this Stale, remains to be seen. This letter has disorganized fhe Whig par,y it floats now upon the wave of expediency, exposed to the storm of popular contempt and indig- nation. The effort to use ibe Old Hero io advance partizan purposes has been most signally blasted by Gen. Taylor himself. and he now stands up and tells the Wings that he will neither run as their candidate, nor yield himself to their party sssckemes''
 1 i've regret that we have no room this week, either for any commencements of our own or for the iudicious Views taken by the Washington Union of this letter; but in the meantime we quote the following paragraphs 1 from that paper, and commend them to the attention of our Democratic friends:
 ssIn this slate of things, there Is but one safe course for the democracy of the coun- Ity. Let il stand by it's principles. Lei u cleare 10 he old party issues on seaieh iis past pictories kare been poR. Ilis the policy of federalism to move in the dark, and 10 fight under false colors. IL is the counter policy of democracy to nail its flag to the mast--to take its stand upon the ground of ancient and established psinciples--so look upon men merely as the representatives ol opinions and of measures--and to trust, as it has heretofore successful trusted, to the . sober sense of he people for the resnlt-
 l 'sGen. Taylor, in his last letter, firmly and honestly declares that he will not be ssthe candidate Of any party. or yield (himself) id party schemes." But the schemes of the whigs will never become obsolete. Let them get into power when they may, we shall again find that "like the Bourbons, they learn nothing and they forge. nothing ? The great principles of the age itself forbid pro iecsiye system; but who does not believe that we shall again see them for tariff sys. ten, for mammoth bank, and for olhel monsters ol the federal series, just as they were in l640 is
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