Iowa capitol reporter. [volume] (Iowa City, Iowa) 1841-1855, 1849-04-18
From the Erie Observer.
The Late A administrations.

The acts of the late Administration are
now matters Of history. The mighty events
which have taken place within the last
four years, will, in future times, be the
theme upon which the historian will de-
light to dwell. Its policy will be beacon
light for the politicians and statesmen OF
the future to turn when clouds obscure
their horizon, and doubts beset their paths.
As it is now with those who voted for
Jefferson, it will hereafter be with those
who voted for and sustained the Admins
tration of James K. Polk. They will
point with pride and pleasure to the fac,
that they contributed their votes and sus-
tanned an AdministI alton that has left SO
bright page upon their country's history
that has given such an impetus to all
those political and social reforms which
are destined to contribute SO largely to the
elevation Of the human race. That the
wings, who have ever, and will ever, con-
inue to oppose the Democratic party,
should refuse to be just to the late Admin
istration, and acknowledge that the GO
vernment has never been SO successfully
administered under such trying and ad-
verse circumstances, is not surprising
To be Just in this case would be to falsiiy
all their previous prophecies and condemn
their own factious opposition. An unpre-
JUDGED posterity, however, cannot fail TO
appreciate the man whose policy has
worked, and is still destined to work such
incalculable benefit to the whole human
race. No President ever had more diff
culties to encounter, more new and vital
questions to meet and none 1--WE sincere
ly believe has ever discharged his hish
responsibilities and redeemed his pledges
with more ability and fitmness, or put into
successful and triumphant operation more
bold, wise and beneficial REFORMS. The
task Of reviewing the past four wears
would indeed be a most satisfactory and
pleasant duty-hut The New York True
Sun has so web done it, that we adopt its
daguerreotype sketch:
The outgoing administrator must
stand out in history as at once the most re-
lnarkable and most brilliant o, the present
century, as well in a diplomatic and COM
mercial, as in military view. The lead
ing measures Of the past four years NAV
be thus enumerated: l. The Oregon
boundary treaty, defnetly marking The
claims OF England upon this continent for
the first time since our independence. 2.
Treaties OF commerce with New Granada,
Perm, The Sieilies, Belgium, Hanover.
Oldenburgh, Mecklenburg Schw erin, sax
'ony and Nassau, opening the way to an
extension Of our commerce with interior
Germany and the postal treaty with Great
Britain. 3. The Mexican treaty, BIZ
which California and New Mexico are
acquired. 4. The admission of four new
States Texas, Florida, Iowa, and Wis
consin-into the Union, and the erection
Of Oregon into territory, 5. The aban-
donment Of the protective principle.
which has haunted our tariff laws for thir-
ty years, and the establishment of the re-
venue ad vniorum principle by which the
credit Of the country has been deficient
from 1887 to 1845, raised TO the current
expenditure. 6. The establishment of a
warehouse system, Of nature similar to
that which in England has drawn the
carrying trade ofihe world into the Brit
ish vessels, and by which renewed i'm
pulse is given to to those causes irresist-
IDLY in operation to draw Canada peace
fully into the Union. 7. The separation
of Bank and State, and the establishment
Of the constitutional treasury. s. The
commencement Of ocean steam navigation
to Bremen and California. 8. The esta-
bIishment Of cheap postage.
Each and all Of these important lnea
sures, have had direct tendency to en-
large the area Of the country, multiply its
resources, promote the interchange Of pro-
ducts, and,to enhance the general prospe-
rity, by removing those injurious restric-
tons, which tended to prevent every nro-
Queer from disposing Of the result. Of Ii,
industry to the best advantage. How The
country at large, as well as eyery depart
ment Of the Federal and State finances
and the condition Of corporate companies.
have improved under the genial influence
Of these measures, is manifest in The FACT
Of eahanGed dividends, resumption Of p a, Z.
ncnts, rising credit AMI grswing surplus 1