The Madisonian. (Canton, Miss.) 1850-1855, 1850-04-18
PROSPECTUS
OF THE
MAIDS OMAN,

MAVIO UNBANI
yTHE undersigned will publish a
Weekly Newspaper in the Town Of
Canton, under the above title, common
cling Thursday 21st February, 1861
The MADIsoNIAN' will be thoroughly
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 c3n-
our in the opinions always entertained
by the great body Of the REPUBLI-
CAN PARTY. Aside from the con
s%litutional objections that may well be
urged against a National Bank, expe-
rience has demonstrated that the fiscal
and monetary affairs Of the government
can be safely and conveniently man.
aged without the aid of such an .Insti.
ution.
The Constitutional Treasury, in its
practical bearing, has fully come up to
The expectations Of its most sangulne
friends, and falsifed the vaticinations
Of evil 50 confidently made by its enc.
mics, sothat at this day, the latter no
longer urge objections to its main prin
ciples, butsuggest only notifications in
its minor details. Upon the Taritfques-
tion, the ''MADIsoNIAN" will advocate
the Free Trade doctrine. By Free
Trade, we do not mean 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. lu
short, we contend that Congress should
discriminate with a view - Rc0esae
alone, and not for prOtrcti0n-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.
ely Of such a course, have ever been
denied by strict constructienists. The
difficulty has been to draw the line Of
distinction between objects strictly n0-
ti0nGl in their character, and Others not
necessarily embraced in hat cate
CORY. We maintain, in common
with the great mass Of The Democratic
party, that the general government
should confine its aid to such works Of
Internal Improvement as belong to the
former class, leaving all others TO the
fostering care Of the local Legislatures
of the several states, or TO the enter
prise of private citizens; believing that,
the liue Of demarkation between such.
as are aationa1 and such as are moi 50,
has been clearly elucidated and ably
maintained BY the late President Polk,
in his veto of the River and Harbor
Bill.
Should the wild scheme of distribu.
ting among the several states, the pro-
ceeds Of the public lands, be preached
by this or any other administration, we
will deem it our duty to oppose it
though in justice TO our political oppo-
nents, we must add that we do not be-
lieve it was ever seriously entertained
by any very respectable number Of them
TO make that measure a test Of their
party principles.
Regarding the veto power as a wise
check and a salutary safeguard against
over much-legislation, we are opposed
to any modification Of 1t, and utterly
condemn the demagogical spirit that
proposes to restrict Its exercise.
The President of the United States,
being the only branch Of the law-making
power electedby the whole people, may
be regarded as the Tribune of the peg
pie, armed with the veto power, to pre-
vent any encroachments upon their
To abridge this power or to
restrict its exercise to a specified class
Of cases, enumerated in some newparty
creed, or political catechism, would be
10 direct contravention of the plain
words Of the constitution.
From this brief exposition of our
it will be seen, that we must
be necessarily placed il the main, in
opposition to the present Administra
lion, but 1t will be no factious OPPOSE
lion. The MADIsnNIAN' will not re-
the dignity Of thought and service
bind itself 10 the car of party, but
will reserve 10 itself the right Of com
mendiug whatever 1t may deem com,
in its political enemies, and
Of centurlng whatever it may deem
sensurable 10 the course or police of
its own friends.
Whilst upon all measures Of Federal
Politics we will not disregard our ALE
glance to party, upon the great question
Of Southern Rights" We will diyest
ourselves Of the feelings Of mere bar.
tisanship, and be governed ia our course
solely BY what we CONCEIVE to be- the
interest Of our own portion oftbe RON.