Weekly North Carolina standard. [volume] (Raleigh, N.C.) 1850-1858, 1857-11-25
From our Washington Correspondents.

WASHINGTON, D. c., Nov. IL, 1857.
As the fight southwark of certain wild fowl de-
notes the approach of winter the presence in the
political metropolis of small army of correspond
ents of the press indicates that the animal meeting
Of Congress is near at hand. Already these indus
trious gentlemen have commenced to prospect for
news and gossip, all Of which is duly chroncled and
conveyed to the public through the columns Of the
press they individually represent. Your cores
pondent, not 10 be behind the members of his bro
therhood, therefore embraces the occasion Of fine
Indian summer day to - ume his communications
to the Standard, and to down few observations
on matters and things IN general, in anticipation Of
the meeting of Congress- by way of preface to the
regular chapters, which will properly commence with
the FIRST week of December.
Recent events in the financial world and the cur
rent course Of affairs in Kansas are likely to sug-
gest the leading subjects of discussion in Congress
during the coming session. The former will em.
brace full examination into the questions of cur
rency, of banking now practiced and Of the Ia
riff involving also close scrutiny into the receipts
and expenditures of the Government. These
old questions discussed years ago. yet evidently not
fully settled according TO souEd principles of poit-
cal economy. The sudden embarrassments Of the
day make an investigation into their q work
of the highest duty to the public also the appca
ion Of remedy which shall protect, as far as legis
ation protect, the business and interests of the
Country from a repetition Of these disasters.
new race OF men has come upon the active stage
since the great crash Of 1887, and there is now a
necessity for recurring to the experience of the past
to form accurate judgment of the future, well
to trace the causes which have produced the same
| general results at regular intervals Of time.
1t should be borne in mind, however that Con-
gress do little nothing towards allevating the
embarrassments in finance under which the Country
| is now suffering. These embarrassments peIvade
the whole fabric of business and have arisen from
the action of various causes, producing their
legitimate effects and it is probable that attempt
by Congress to adopt measures of relief if any sIch
measures within its power would end in still
further derangem, n, and consequent losses to indi
/ viduals and the public. 1t may now do something,
by exercising its full power in controlling the cur
rency, towards preventing such frequent and ruin
Gus fluctuations in business and the prosperity Of
| the Country, but recovery from the present ills
can be expected only from the regular operation Of
. the laws Of trade, which will accomplish the end
desired more speedily by the force Of their natural
action, than if disturbed by meddesome legislation.
The only immediate and efficient remedy is with
each individual. whose duty it is to his house in
order to live within his means, pay his debts, and
to exercise greater caution hereafter in contracting
them.
1t is generally understood that the President will
devote portion Of his first message to consdera-
ton of the currency question. The precise nature
| of his recommendations cannot, Of course be known
now; but it is quite certain that they will be en-
tirely consistent with the views set forth by Mr..
Buchanan when in the Senate, which were pretty
generally published by the Democratic press during
the late Presidential contest. The President is q
jackson hard money man, and it will be seen, on
consulting these views, that they recognize gold and
silver only as constitutional currency. The ten
] dency of public opinion is now very decidedly in
the direction and general disposition pre-
walls to question the right under color Of which pa
| rer currency is issued. The Constitution forbids
i the States from emitting bills of credit That pro-
hibition was aimed specially at the continental mo-
ney issued BY the States, during and Immediately
subsequent to the revolution 1t seems to be con.
elusive argument that the State Legislatures have
no power to delegate 10 Corporations privilege
they do not possess themselves.
The Country must be pretty well tired of Kansas
and it mould be fortunate if the subject could be
buried to rise more. Yet the current course o
affairs in that Territory, the action Of Gov. Walker
the formation Of its State Constitution. and its ap
pcaon for admission into the Union forbid the in
diligence of such hope. 1t will occupy portion
of the session and perhaps occasion angry debate
vet it can scar, ely be again made the pretext for
renewal of the fires of sectional discord. The fu
ture condition of Kansas may be regarded as fixed
aud although the policy of Gov Walker may de
serve the most decided disapprobaton, there is no
thing to be gained by revival of the agitation
The conduct Of affairs in the Territory will undergo
a close scrutiny, yet it will probably end in admit
ting Kansas as State without serious opposition.
Oregon will present her application to be admitted
as State, and so will Minnesota. The proper poll
cy to be pursued towards the Mormons of Utah i
also to be decided upon revision Of the TART
may also come up not for the purpose of effectin,
increase IN revenue from customs, but to
feet the hill hastily passed at the end Of the last
sion. These will form the leading subjects of legis
lation, and the prospect is fair that the session vii
be useful one to the Country and promote its rea
| interests.
Next to the legislation Of Congress- interest is fel
here in the organization of the House of RepIesen
| tatives. Several persons are mentioned in connec
ton with the SpeakerShp, all of whom, with on
exception, Representatives from Southern State.
In fact a very few of the Democratic members fror
the northern States have been in Congress bs
fore, while large proportion Of those from tn
south are old members. Hence the greater numbe
| from that section who possess knowledge Of tn
business of the House necessary to qualify them
preside il. Mr.. Orr, of South Carolina pei
| haps is the most prominent candidate, and ACCORD
ing to present appearances will be selected for th
| resposible post. The northern members, some
: whom are already in Washington, are very zealor
in his behalf For the Clerkship there are variou
candidates. 1t is obvious that if southern Speak
D be elected, gentleman from a northern State, @
the principle of fair compensation, stands the be
D chance of success. Hon. James G. Allen of iii
nos, member of the last Congress, is already her
r He starts in the contest with a goodly array
e strong personal friends, and being a gentleman
J., popular manners and of abundant qualifications h
" prospects Of success more than hatterng.
y has many friends in the Old North State especial
o about Wilmington, where he made, some two yea
8 SINCE political address which was received wi
t great favor by a large audience. They will dout
less rejoice hear of the of his aspiration
For Doorkeeper, Postmaster, and Sergeant. at Arm
q there lack of candidates. and the Hou
ought to be able to select from them corps of ef
I cient and acceptable officers.
: The telegraph announces from the south tn