The Madisonian. (Canton, Miss.) 1850-1855, 1850-07-25
PROSPECTUS
OF H
MApISO Man.

democratic in its course. Upon the
subjects Of a National Bank, Tariff,
Internal improvements by the General
Government, and the distribution of the
proceeds Of the public lands, we con-
cur in the opinions always entertained
by the great body of the REPUBLIC
lCAN PARTY. Aside from the con-
st%itutional objections that may we'll be
urged against a National Bank, expe-
rience has demonstrated that the fiscal
and monetary affairs of tho government
can be safely and conveniently man
aged without the aid of such an Insti-
tuition.
The Constitutional Treasury, In its
practical bearing, has fully come up to
the expectations of its most ~sanguine
friends, and falsifed the vaccinations
of evil SO confidently made by its enc
mics, so that at this day, the latter no
longer urge objections to its main prin
ciples, %butsuggest only notifications in
its minor details. Upon the Tariffques-
ton, the "MADTsoNTAN' will advocate
the Free Trade doctrine. By Free
Trade, we do not NEAR the abolition
of Custom-houses, and of all duties
upon imports, but a system Of CONNER
cial intercourse, as free and unrestrict-
ed as it can be, consistently with our
present mode of raising revenue. Iu
short, we contend that Congress should
discriminate with a view to R~evenae
alone, and not for pr0tcction-revenue
being the only object recognized by the
Constitution in the grant Of the taxing
power.
The power of the Federal Govern
ment to embark in a general system Of
Internal Improvements, and the propri-
ETY. of such a course, have ever been
denied by strict constructlonists. The
difficulty has been to draw the line of
distinction between objects strictly ma
tional intbeir character, and othe rs not
necessarily embraced in that cate
CORY. We MAINTAIN, in common
with the great mass of the Democratic
party that the general government
should confne its aid to such works Of
Internal Improvement as belong to the
reform class, leaving all others to the
fostering care of the local legislatures
I. of the several states, or 10 the enter
prise of private citizens believing thai
the line Of demarkation between such
as are national and such as are not so,
has been %cleally elucidated and ably
maintained by the late President Polk,
3 in his veto Of the River and Harbor
Bill.
Should the wild scheme Of distpibu
ting among the several states. the pro
: : ceeds Of the public lands, be preached
! by this or any other administration, WI
will deem it u duty to oppose it
n Fthough in justice 10 our political oppo
nents, we must add that we do not be
lieve il was ever seriously enterlaine,
by any very respectable number Of then
to make that measure a test Of thei
= party principles.
Regarding the veto power as a WIS
check and a salutary safeguard agains
over much-legislation, We are oppose,
to any modification Of 1t, and ullerl
condemn the demagogical spirit tina
proposes to restrict Its exercise.
\, The President of the United States
being the only branch of the law-makin
II power elected by the whole people, ma
o be regarded as the Tribune Of the Pee
he pie, armed with the veto power, to pre
vent any encroachments upon thei
rights, To abridge this power or
= restrict its exercise to a specified elias
~ of cases, enumerated in some new part
creed, or political catechism, would b
: in direct c%ontravention Of the plai
words of the constitution.
From this brief exposition of GU
principles, it will be seen, that we mus
I be necessarily placed in the main, i
q. opposition to the present Administr RI
ton, but it will be no f%actious opposi
= ton. The "MADIsoNlAN" will not re
. sign the dignity of thought and servilt
= ly bind itself 10 the car Of party, BIZ
will reserve TO itself the right Of con
. mending whatever it may deem CON
mendable in lis political enemies, an
of centurlng whatever it may deer
!. sensurable in the course or policy {
~ its own friends.
~ Whilst upon all measures of FEEDER;
Politics we will not disregard our all,
glance to patty, upon the great questio
. of Southern Rights" we will dive
~ ourselves Of the feelings Of mere pa
y tisanship, and be governed in u cour.
" solely by what we CONCEIVE to be- Ii
interest Of ouI own portion of the col
federacy. Though cherishing a dee
: and abiding attachment to the Unto
IN the M%ADIsoNIAN'' will advocate Ii
" strongest measures Of opposition
= Northern aggression, planting itself I