The daily union. [volume] (Washington [D.C.]) 1845-1857, 1848-11-16

Speculo lions.

The Washington correspondent OF the New York Jour
nal of Commerce. under date of November IL, writes
thus;
ALREADY, before the elcctiol week is over
laons and suggestions the policy of the Taylor adj
minsration. Some of the whig papers urge, and the
Union is delighted antic pate, of folly and ia
natcsm- restoration of the bank and the protective sys
TEN, and of corrupt and mad og-rong system of inter
nal mpovement and crusade against the Institutions OF
the South have doubt there will be in the thirty
first Congress- and there those in this Congress- who
would, If they could, fotce such system OF measures
The House Of Representatives in the thyhrst Congress
will consist of large majority of wings and Wlmot Pro
vso but this will not be the with the Senate fol-
three years to- come"
This not the first time that the correspondence of the
! "Journal" has thrown out similar insinuaon about
ourselves. We anticipate no such prospect with any
sort of pleasure, though cannot but appehend its &C.
currence But the Washington correspondent proceeds
Mr.. Thaddeus Stevens, member elect from Pennsyl Iva
mia, is pledged it is said, introduce bill the first day
of The meeting OF the thirty Congress, abolish slavery
in the District of Columbia. If Mr. Stevens does do
th else will But his towering talents and
bon will no doubt stimulate him to put himself at the
head OF the free-soil party He will here take the
wind out of the sails OF David Wmo The South will be
driven off, therefore, from the support of Gen Taylor the
very offset Of his administrations The effect will be to
force am alliance of all the southern with the north
ern democrats, in opposition to the whole system OF
which the majority of the House in the thirty first
Congress may propose. The Senate will continue TO act
conservative principles, defeating change of po
icy proposed by the House during DO tn the thiryfrst
and the thirty second Congress-during the whole of
General Tayors first term-and that is far need
look ahead General Taylor himself will lake the position
all those subjects of "mastery inactivity" How the
WING House is re-esabsh the old ba mixing and protect
i've and improvement system, can't see. They may
make upon the other two MISUNDERSTANDING storm,
and ragebut still they will be impotent. There is
thing that will come of the conflict and that is
mendous northern free soil and protective tariff party
the presidential election OF 1852.
''As the tariff during General Tayor's administration
will say that it will be essentially modified
have doubt that changes will be made, and
ought to be made; and possibly something will be
conceded the Pennsylvania lion and coal interests
understand that Mr.. Walker himself does
cpate any essential change OF his system by the Taylor
administration. He supposes that the Senate will defeat
any ultra during the thirty first Congress- and that
the House in the thirty second Congress- being elected
der the apportionment of representatives according
the of 1850, will comprise larger portion than
OF the agricultural interests Which interests will, he
thinks become and favorable to his low duty
system"
We have no doubt the "mtra whigs" will make the
effort to carry out their whole system-tari banking
system, lin some form other,) extensive and ex
travagant system of internal improvements, prescription
of democrats, and appointment of wings to indefinite
extent; and if they are graied in their favorite
wishes they will become dsafected and dissatisfied
But even if Gen Taylor does arrest Them we trust
of the tempest