Newspaper Page Text
T HE M A J) 1S O N IA N .
WA8H1WQTOW CITY. FRIDAY, NOVEMBER 17. 1837^ " Kl WTW AMD T?TM. IM tWM ?* ?"" ?E I'MITV iw T.AL., UIMTV, AND I* ALL thino* cha?itv?Auguati*. rVPers ns wishing lo subscribe to this paper will bear in mind, that we invariably require paymemt in advance. , It is obvious that both the ultras and the Conservatives cannot be conciliated by the same means; both cannot be conciliated in honesty and truth by the same measures or the same principles. The ultra party, or as Jefferson, wc think, would call them, the ?? exaggerated democrats" have acted upon the belief that the adminis tration are doing their business in the mea sures which they support, by facilitating, as the conservatives fear, the overthrow of ex isting institutions. On the other hand, there are a number of persons who agree in princi ple with the Conservatives, but who are sepa rated from them in practice, by the persuasion that the administration desire nothing, and pursue nothing, but what will uphold those very institutions which the uli s support them for laboring, unintontially perhaps, in effect, lo subvert. Both of these parties can not be right. If these gentlemen are right in their per suasion, then the ultras must be deceived. But if they arc themselves under a delusion, then tho " Conservatives" are right in their op position. But whatever or wherever the delusion may be, it is obvious that it cannot last long. Tho time must soon come, when all liberal and true Republicans, must, by some expert menturn cruets, be separated from the ultras ; when the administration must take or decline some decided step that will admit of no further doubt or misconstruction. The Conservatives believe that the urging of some of the present measures would anni hilate the administration party. The ultras are now already in a hopeless minority, and there must be, oven now, misgivings and mur murings in the larger portion of the adminis tration party, inquiring, why they should lon ger continue to indulge a set of men, whose objects they deprecate, whose principles they disavow, and whom they musj leave at almost the first cross-road. Why should they not now unite with tho great conservative demo cratic party, whose objects and purposes they essentially approve of, and with whom they will rejoice as soon as possible, to be united against those present associates who have blighted, temporarily, at least, their pros pects. The administration find an evil of a certain magnitude in existence, for which a remedy of their own suggestion is open and attainable. But to conciliate a party who are not to be con ciliated while one stone of the Banks (shall we say of the Constitution ?) remains upon another, ihey resort to a new measure, which they may have the merit of proposing, and of having repudiated. It is urged, too, in a man ner, calculated, as it seems to us, immensely to inflame the evil, which is thus to remain without a remedy at all. But it has he<??> ?erv plainly indicated that, si",,? ?? cure, cannot be administered I' wa8 defeated by the people's ropjosentatives, and their conduct has been abundantly ratified by the people themselves. The plain progress of tho current is now towards conservative opinions. Opposition to the Sub-Treasury scheme, and opposition to an exclusively metallic currency, and preser vation of State Banks against their destroyers, are becoming policies of tlio most unbounded popularity. When, by the unexpected results of the elections, the conservative force is manifestly rising, and even now so strong as to hold the balance of power in Congress and the State Legislatures, are there, among our hard mo ney friends, no patriotic or prudent men who will think it necessary to desist from such an agitation that can'iot be successful, except in producing excitement and discontent? Are there none who will shrink from perpetually bringing forward measures only to have them defeated?from waging an eternal war with the institutions of their country, protected as they arc by an invincible and growing host of defenders ? We suspect there arc very many who will desist, forever, from urging projects and innovations when they neither see when nor how they are to be accomplished. Wc hope that sensible men, particularly of tho Republican party, will practically agree in abstaining from unattainable schemes, and be take themselves to the unexciting conside ration of practicable objects. The framers of the Sub-Treasury scheme, certainly havo had every advantage?they had, at first, a large majority in both branches of Congress?they had the fixing of tho ground?they had the choice of weapons? they have had the sun and the wind?the power of office and the discipline of party? and it has been most unequivocally, and, it seems to us, irretrievably defeated. They have employed every effort, and it has been done in vain. What now is to be done ? Will the fruit less attempt again be made ? Will the friends of tho Bcheme employ themselves more in sowing the sand?in milking the lie-goat ? But the short-lived triumph of the " People's Party" in 1824, is referred to, to alleviate tho adversities of 1837. \\ ill not any confidence derived from the analogy sought, prove a sion 7 In that event we saw but the mon^P tary success of an ephemeral party. the present aspect of the popular movement, we may read the enduring triumph of paramount principles?principl^^vhich belong properly to a republican admfl^^bon. We suspect, \ " it is not a revolution that may be turned bark ward?but it may be conciliated by a roturn to the old policy to whicb, we think, it points. We do not regard it, however, as a whig tri-' utnph altogether?except as a negative triumph. The whigs may be united in opposition to the administration?but how can the " pie-bald party" (as Col. Preston called it) unite in sup port of any candidate of their own?Webster, Clay, Calhoun, White, or Harrison T Is there, then, no means by which the two divergent currents of Republican opinion may be brought into ono popular tide? Can it not be accomplished by a return to that middle ground occupied by the " Conservatives," as they have been called T There could be cer tainly no great sacrifice in such a course?it would be but bowing in " acquiescence to the decision* of the majority," and surely more democratic than a perverse adherence to ex pressed but untenable opinions. Tho Conservatives advocate no new prin ciple?; thoy seek merely to prevent certain hazardous innovations, to resist certain specu lative changes and departures from establish ed things. They but seek to restrain the " galloping" of Executive power, already too rapid by tho Constitution?to stay organic revolution, and to put a veto upon every thing like a destructive infraction of the Constitu tion. They insist merely that Government and legislation shall be carried on within tho ancient limit* of the Constitution, with every latitude for practical reform and improvement. They say that every individual and every collection of persons, legally existing, shall be protected in their property. They say that the Legislature shall be upheld in its dignity, its privileges, and functions. Fundamental innovations ought not to be thrust upon a di vided nation, or a divided Legislature. Ex isting institutions and organic principles ought not to be swept away without an overwhelm ing preponderance of opinions in favor of the chango. All the success they ask is to pre vent the Legislature from making these inno vations, and establishing what they believe would be an oppressive system, and to induce the Administration to abandon the irritation and endless agitation of experiments, to the great disquietude of men's minds, and tho total obstruction of useful measures, and a settled course of prosperity. They stand purely on tho defensive?it is victory, not to be defeated?it is a triumph to have the smallest majority. For those who advocate the new measures?measures to chango the entire practicc of the government from its origin,?not to have a large preponderance, is defeat. Have not the friends of the Administration learnt that tho coalition which they formed with tho destructive party in New York, was not only disreputable, but lias proved the most disastrous ? Will not a coalition with the nullifiers be equally disreputable, and prove equally disastrous, wherever opposition to nullification is in the majority ? Many, to be sure, may think it more noble to be something at the head of the destructives of the North, or the Nullifies of tho SoutK than nothing in the train of the Conservatives. Ti?v ?.??? now the prospect of being politically nothing any where. Can the Administration gam any thing, therefore. br attempting to conciliate either *><" these extremes ? We suspect not. We trust these things will be well pon dered ; that tho Administration will take their steps in wisdom, and that all will yet be right ?the Republican star still in tho ascend ant ! FALSE ISSUES. An article in tho St. Lawrence (N. Y.) Republican, doubtless from a distinguished source, makes issues with tho " conserva tives," which we have also seen attempted by some of our cotemporaries, which will appear on tho slightest examination, very unfair, and wholly groundless. 1. It endeavors to identify them with the federalists, by throwing together federal and conservative influence in thb scale, on the side of the bauks, leaving us to infer from the I position taken, that democracy is opposed to j banks. " Experience," says the writer, " is tho best of schoolmasters," and we think it teaches us that federalism is opposed to banks, and in favor of consolidating the money power in one Bank. On this subject of paper money, we are content that the very personification i of federalism should speak. Fisher Ames j 8ai,l??? in defiance of demonstration, knavery will continue to proselyte fools, and to keep a paper money faction alive. The fear of success has annihilated credit, as their actual success would annihilate property." Democracy, wo had supposed, fostered a number of banks, for the democratic purpose of a more universal distribution of money. We believe this is the efTect of State banks in a high degree. Tho " conservative doctrine," is spoken of as a " new doctrine." We should like to be answered, has not democracy ruled this country during the whole period marked by a singular increase of banks? The conservative doctrine is to preserve and regulate, but not destroy those institutions, created and fostered by the democracy. Is this then a new doctrine. We consider then these two points estab lished : 1: That tho conservative doctrine is in no degree sympathetic or identical with the federal doctrine. 2. That the conservative doctrine is not a " new doctrine," but the old doctrine of the democracy. II. The writer imputes to the conservatives the argument, "that the money of the people will be most safely kept by tho State banks;" and answers it by saying that the banks keep the public money " altogether too safely for tho public good." I Tlio Secretary of the Treasury sufficiently answers this, by saying that, " individual agents are less sake, responsible, con venient, and economical" than banks; tbat the losses from on* Merchant bad exceeded all the losses from the banks ; and in his last re port, that " banks have usually in the end, paid most of their deposites." III. The writer continues, "it is urged that the State banks will be made insolvent, and will be wholly destroyed, if the public deposit ft are not kept with them." As this argument has been repeatedly im puted to the conservatives, we beg to call the public attention particularly to it. The conservatives have never protended to urge that, the mere withdrawal of the deposites from the banks, would destroy those institu tions. The present condition of things would falsify such an argument, the deposites being already withdrawn. The deposites are no thing, and the places of deposite are nothing, compared with the other details of the Sub Treasury scheme. But the true shade of the conservative argu ment is, not, that the mere " taking the public deposites from the Slate Hanks, is declaring and waging an unjust war against them," but, that, the exaction of specie solely in payment of the public dues, would have that effect. They still maintain that, the establishment of such a principle, as the permanent policy of the national administration, would be required by the dominant party to be carried out in the states friendly to their doctrines, and thus force an exclusively metallic circulation, to the discredit of a paper currency of any de scription, and the consequent and inevitable destruction of every bank. This argument is unanswered, and we be lieve unanswerable. IV. The excuse for the Sub-Treasury scheme is, that the banks failed to fulfd the conditions required of them by the " law re gulating the deposites." History, we think, will show, that the sus pension of specie-payments by the banks was not justly so much attributable to any fault of their own, as to an infringement of the laws of finance, operating upon them from a quar ter which they could not control, through the deposite act. When the country is in the full possession of the facts, we believe that, the people will acci rd to the banks, legitimately and truly their own institutions, the praise of higher ho nor and ability than the history of such insti tutions can afford in the civilized world. Til E PROSPECT BEFORE VS. News from all quarters, in which public opinion has been expressed since the deter mination of the Executive to depart from the settled principles and ancient usages of the Republican party, leaves lis but little whereon to congratulate the members of it on the pros pect before them. But yesterday the Re publicans might have stood against the world, defying the enemies of free government to show, in the wholo course of time, an exam ple of prosperity, national and individual, i 4 rnt r * ^ ?' ? pie from all restraints but those founded in a general and salutary policy instituted by them selves, and their exemption from all govern mental influences designed to check and thwart their efforts to improve their condition, has been the ground work of our wonderful im provement in general intelligence,- in arts, in navigation, in commerce, in manufactures, and in the facilities of intercourse. The Government, from the inauguration of Washington, excepting the intervals of the Presidency of John Adams and the closo of the administration of the late President, has been careful to nourish and protect, by acts within the pale of its defined powers, the en terprise and capital of our fellow citizens, whose joint employment has placed us only second to the first commercial power of tho world. To nourish and protect their interests, was one of the first; and assuredly is among the most important duties for which Govern ment was instituted : and, if not for these ends, for what was it created ? This has been the doctrine, with but one exception, from '76 to '37, but within the latter period it has been thought necessary to treat it as a stale dogma, to denounce it as if one of the here sies of Sir Robert Filmer, although conse crated by the martyrdom of the illustrious Sydney. The official organ and unthinking partisans of power have proclaimed,* that tho Government have nothing to do with indivi dual interests ; that the past incidental results of the sympathetic action of the Government has been radically defective, and must be changed ; that the Government of the I J. S. must be divorccd from the people?from tho institutions of the people ; it must be sole, independent, absolute, divorccd from all inte rest in, and sympathy for, popularjestablish mcnts, from which aro issued tho habitual, practical, indispensible currency of the peo ple. And are these to be the sentiments of the rulers of this land? Are these to be tho sentiments of the chosen Rulers of that lnnd which gave birth to Washington, Jef ferson, Madison, Henry, of the Southern States, who made so many sacrifices of well founded apprehensions on subjects of vital importance to them, in order to preserve party unity, and with it the further success of their principles in the election of Mr. Van Buren! Are these to be the sentiments of the Rulers of tho enterprising, hardy re publicans of the Northern and Eastern States, of men who so well understand all the true sources of national aggrandizement and in dividual prosperity? Are these to be the sentiments of the Rulers of tho W estern freemen?men whose proud spirits arc told in every word they utter?men who, leaving their ancient grave-vards and domicils, their youthful friends and numerous kindred, in | quest of the reward offered to adventurous industry in the interminable forest* of thai vast eountry ? Are theae to be the s?-ntj. tnenta on which the people are to rely for a wise administration of the Federal Govern ment ? Heaven forefend! I' rom the moment that mischief-working journal?the oilicial organ, announced the course of the Administration in the intluncho ly crisis to which our commercial, moneyed, and political affairs had arrived, in every elec tion, one State only excepted, the Republi cans have expressed their determined hosti lity to the scheme proposed, for the future policy of the Government. Maine, Connec ticut, Rhode Island, Pennsylvania, Virginia, Kentucky, Indiana, Tennessee, Georgia, and lastly the friends and neighbors of the Presi dent?his early supporters'in the Democratic cause, the people of N. York State itself, a for mer citadel of Republican and Executive strength, has spoken as such a State must' ever speak, in a tone of indignant and an gry thunder. Thus has the ball rolled on, and is a deaf ear still turned to the voices of the people? Will fatuity still rush onward in its caroertill the iinal and fatal step shall be taken ? We hope not. An open and manly abandonment of the ill-starred Treasury scheme is the only mea sure of peace, the only step likely to effect a ?reunion of the republicans, and perpetuate the benign influence of their principles. If this ungrateful scheme bo passed, their doom is scaled. Relieving that much will bo added to these observations, by sedate reflection on the results of the late elections, we omit much that might be said. ? The recent de monstrations of public sentiment will have, we sincerely hope, their just and apposite influence; if they should be set down at too light an estimate, it will not be our fault. They unerringly point to the prospect before u.t, if this ungracious schemo be not aban doned. THE SEW YORK KLECTIOK8. We cannot suffer the opportunity to pass, while yet this revolution is fresh in our minds, of expressing the gratification wo feel in re ferring to the patriotic course of several of the leading administration papers in this state, and of according to them the highest credit for thoir manly efforts, though unavailing, to rally and unite the party upon what we hum bly believe to be the true doctrino. Of the number of those who steadily and firmly resisted the schemes of the disorgani ze!*, we may e mmcratc the N. Y. Times, the Onondaga Standard, the Utica Observer, the Pulaski Advocate, the Cayuga Patriot, the Ulster Sentinel, the Poughkeepsie Journal, the Saratoga Sentinel, the Penn Yan Demo crat, the Tioga Gazette, the Sherburne Patri ot, the Ithaca Journal, the Rroome County Courier, and several others not now before us, all of which, we believe, are Conservative. Although defeated, they will yet be cheered by the reflection that they will not be cursed with the bitter remorse of some of their co temporaries. The Ulster Seiitin-1 e ? ? - ..?ro. serum ion ui cause and effect in Ulster county. It states : " It is said, and perhaps truly, that many republi cans; who doubled that mere was a good chance Cor the election of a Conservative Ticket, made a choice of evils between the Loco Foco and Whig tickets, and threw their votes in favor of the latter. We did all we could to keep up the hopes and spirits of our friends. They, in common with thousands of their political brethren throughout the State, ought not to b^- censured. *" The times are out of joint." We had a most excellent ticket?a better set of candi dates,or a more worthyset of republicans, was never selected. MtU ire heartily rejoice in the defeat of the nominations made at RoscndaU, We made the inost equitable and honorable proposition to the men who there assembled. But it was insolently rejected by the persons who presided over and managed the ma jority. They, with a fool-hardiness and stupidity ahno-t unparalleled, boasted that they could "beat the anti-juntocs and the whigs both together." They, disregarding all principle, and all regard for tKe union, harmony and welfare of the party, again rais ed the anti-Bank cry, and nominated lor their candi dates some of the rankest destructives in Ulster. Mark the result! Their whole ticket is lost; and their Clerk, their highest candidate?notwithstand ing the many whig votes which he received in Kingston?is defeated wilh the rest. If this should not b " a lesson of wisdom and moderation for their unprincipled ' leaders,' we do not know what will. VIRGINIA. The Richmond Enquirer of the 14th says that, "a few days ago, our impression was, that a majority of the, Republican party in Vir ginia was in favor of the Sub-Treasury scheme ; but the information we have re ceived, induces us to believe, that the current is running the other way." Where, pray tell us, is the slightest current running in its favor ? The Enquirer further says : " The times warn us of the necessity of cultivating harmony among ourselves, and, of course, of avoid ing all controversy and division. We wish hence forth to forbear all discussion upon the SuthTreasury scheme. We are willing to refer the question tothe wisdom of Congress. We have determined, there fore, to say nothing more ab.iut it, unless we are urged to it by imperious considerations. We have a right to expect, therefore, that others will let us alone. We respectfully recommend it toour friends to avoid further discussion in this, or in other pa pers." Speiking of the New York election the Enquirer says " Let the Whigs biast of their temporary triumph, as they please?It is but for a season?The day ot re action is at hand. The Democratic party will rally again under the same banner?We have not a mo ment's fear of it, if we be wise?and though the J Whigs may pretend that the battle of Cannin has I been fought, y t Koine will be saved. Kepublicans ! fear it not. This gloom will disperse. We will take our measures in the proper spirit?and a bright er day awaits us. The following letter from a distinguished and highly influential source from the same State, to his friend in this city, will be read with interest by republicans of every shade of opinion. " November 13. " I am truly rejoiced lo find, tfiatone who has given so many evidences of attachment to the principles of the Democratic party as you have done, has not per mitted himself to be seduced from his allegiance by the gilded scheme of a Sub-Treasury, proposed by a public functionary for whom we have great respect, and for whose elevation to the highest office in the gift of the people we have so zealously labored.? Having contributed my mite to the elevation of Mr. Van Buren, and having reposed at all times great confidence in his prudence and sagacity, I confess that 1 was astonished, that in bis very first commu nication to Congress, he should hare proposed a plan lor the collection, safe keeping and disbursement of |he public treasure, which had, on a recent occasion been repudiated, with unexampled unanimity, by the very party which had brought him Jato power. If the State Banks can with truth be said u> have failed in redeeming I lie just expectations of the Go vernment ami people of the country, every intelli gent observer, must at least admit, that it was under circumstances of a very peculiar character which had led to the derangement of the monetary affairs of the country in a degree unprecedented in our his tory; that it was the result of a combination of causes?in part proceeding from the action of the Government itself?such as had never before existed in the country, and such as in all human probability will never exist again. Most of the banks, too, it was well known, instead of availing themselves of the occasion ol a suspension of cash payments to en large their profits by Hooding the country with inor dinate issues of paper, had adopted the most prudent and cautious policy, aud were gradually, but surely, putting their houses in order, and preparing for an early resumption. For the President, in this condi tion ol affairs, to propose a measure which, if suc cessful, must inevitably shut the door against specie payments, and add immeasurably to the embarrass ments under whichthecountry was suffering through out its entire length and breadth, was to do that for which the sober and reflecting portion of our citi zens were by nomeans prepared. It was heaping coals of fire upon their heads. The consequences are but too plainly discernible in the elections which have since been held. They speak a language neither to be misunderstood nor disregarded, by men whose minds are not closed against conviction, or bent on sell destruction. The President has listened too readily to the evil promptings ol some of those by whom he is surrounded ; butifhe has the disposition to do so, I indulge the hope that it is not yet too late to retrace his steps, and regain the confidence so ! much impaired by the unfortunate move he has made in reference to the public finances. His friends owe it to him and to themselves to speak out on this subject; and if he is the man I have ever taken him to b;, he will approve their honest frankness arid good intentions. And if they would do so in time to save bim, they should speak at once, for you may rely upon it there is no time to ba lost. His Sub Treasury scheme wont do; he must makeup his mind to abandon it, and to do it quickly. The Globe, too, by its iudiscretion and rashness is driving from his support many of his best friends. Virginia is not going to sacrifice such men as Rives, Garland, and others at the bidding of any man, for opposing with manly firmness, the rash and ruinous schemes of those in power." I he readers attention is invited to the third letter of Mr. Smith, of Maine, and to the able and interesting communication of Mr. Whit.nkv. The address of Mr. Whitney, re lates to that interesting period which terminat ed the connection ol the treasury with the late deposite banks, and throws much light upon the causes of the financial difficulties of May last. \V e repeat, " nothing extenuating, nor setting down aught in malice," our columns are open to any gentleman who wishes to re ply over his personal signature. TOH.IXO AT THE STONE OF SYSIPIIUS. The journal of the Executive Department, ever failing to meet or to answer any of the arguments of the " conservative" members of the legislative department, employs itself in the fruitless toil of endeavoring to subvert tho | orthography of Mr. Tallmadge's speech, and to write down his syntax and prosody by be daubing them with its own. itotf long is such trasny contume/y to be 1 continued ? The recent elections in New York ought to teach the revilers of " conservative" demo cracy, that they arc but drawing water in the sieves of the daughter oj Dmaus. Speaking ot the late Elections in New ^ ork, the Ulster Sentinel, a very well con ducted administration paper, savs : So much for the attempt to force upon the country ultra measures. So much for the re commendation of the Sub-Treasury scheme and tho Hankrupt law. So much for the effort to destroy the state institutions and to suppress the circulation of all bank bills under five or ten dollars. So much, in short, for the attempt to force down the throats of the people, I,oco Focoism! i he republican party has only been able to gain and preserve its ascendancy heretofore by pursuing a mild and moderate course, and by avoiding all extremes. The men whom they place in power must pursue this course, or the sceptro will most assuredly depart from their hands. The people have spoken in a voice of thunder, aud that voice must be obeyed. T or our part, wo still keep the Conservative ground. It lies half-way between the ex tremes of whigism and radicalism. It has for its end the preservation of state rights and state institutions. It is not in favor of consol idating or destroying either the moneyed or political power of tho country. It is equally opposed to the concentration of the capital of the nation in tho hands of the President of a Bank or the President of the Republic. This is the old and true republican ground. It was occupicd by Jefferson and Jackson; and it is now defended by Rives and a host of other democrats. It is tho only ground which can be defended ; and although many of its advo cates may be driven from it for a while, it must ultimately be regained and re-occupied. It will be, as it ever has been, when reason and principle sway, tho rallying point of all the tnie friends of republican government and tho best interests of the country. As for the triumph of the whigs, it will be like the triumph of the mis-called ?' people's party" (i. e. the Adams party) of 1821. Their reign will assuredly be "a"short ono and a merry one." They never yet obtained power .without abusing it. 'I heir victory, however, will have a tendency to purify the political at mosphere, and then sound democratic princi ples will again prevail. From the Poughhrrptie (A". Y.) Journal Extra, ) '1'huraday, \ov. 0. J ' "Wuhb be t1>c TQtatorns fn Ulac*." Shrouded in the habiliments of wo, and with a black flaf floating at our ma?t head, kindly hoisted for ua by a midnight Itoro-jfoco, we proceed as in duly bound, to furnish our rcadera with the result of the conflict, from which wc have just emerged, bruised, battered and beaten. The joint forces of the \Vhigs ami I,oco-foco? have left us in a forlorn minority, with scsrccly a ray to light us on our cheerless path, ami without a beacon to guide us to a haven of reat, where we can repose in quiet, undisturbed by the rejoicings of our merciless foes? We are down, and there ia no help for us. The predic. liona we have ao oft laid before our friends have been/ disregarded, and now ther see them to be fearfully true. The contaminating touch of the loco-focoe agauiat which we have wanted litem, hu worked out its pouou ou? result*, mil l festering sore, Ike product of en ?*? hallnictd embrace with ike dettruefimee. hss rsnkUd, un til the whole has berutne diseased unto death. But away with IsmeiiUiHtm We must Usru wisdom by experience, and profit by the lesson before us. Tie Sew York New Daily Timet, ia the (itle of a new paper, just commenced in Mew York, k is neatly printed on a medium sheet, and enters the political arena on the side of the administration. We find the following communication in it, and com mend the Sew Timts to the doctrine to which it re fers. If wa understand New York, the Thmes will rapidly purchase for itself the public favor, by throw ing it.s influence into the scale with the rising star of conservative democracy. > From tXe Sew Times. TIIE CONSERVATIVE DOCTRINE The changes of public opinion throughout the S'ate pre decisive proofs of the virtue and strength o! those cardinal principles so strenuously advocated by the conservatives, in conttadisiinctiou to the agra rian doctrines, that arc incompatible with free and enlightened institutions, and the policy of social and commercial intercourse. The introduction of Mich vague theories and doctrines into the ranks of pure democracy, at a period so inauspicious, and while the country was groaning under its baleful effects, was ill-advised and im|K>titic?wholly at variance with the elements of reason, and the avowed senti ments of the leaders. It was the uniting of the two parties that induced the spirit of the former to with draw its support from that of the latter, and thereby test the eflieacy of their power, when leit to rest upon its own merits. The gradual accession of strength it has received of late years caused them to take all the power into their own hands; sanguine of the strength and universalityof their doctrines, thev have moved on with a mighty impulse, until too late to discover the fallacy of their reasoning, thev have fal len victims to their own artsand devices, brought to contend against their opponents. It was the irretriev able ruin and devastation already brought about by the advocating of such doctrines, that caused so ma ny thousands that had hitherto supported the republi can ticket, to remain inactive and neutral at the pre sent juncture, and condcinn in toto any thing that b Ae a close affinity to it whntever. The prevailing impression with many, that they were espousing the principles based upon the Jeflersonian school, was one of the gross ana palpable errors into which num bers of our most respectable citizens had been led ; and this fact gave, of itself, a character and plausi bility to their proceedings that so enabled them to succeed for the two past years as fortunately as they did. Neither human wisdom nor human sagacity could have foretold the mighty change that baa already baen wrought; it has truly ceased to become a seri ous, but not a ludicrous subject; and now that the democracy have crushed the bloated and infatuated doctrines that attempted to insinuate themselves into their ranks, let them return again to their former po sition, tirin and uudauuted in the belief that they will conquer, and rescue the character they have always sustained, from the obloquy and reproach heaped upon them by the wild and unnatural doctrines, founded o 1 false premises, pernicious in their views and destructive in their end. The Charleston (S. C.) Patriot, although dissent ing from it.s doctrines, pays the following compli ment to Mr. Legare's Speech: Mr. Lkoaue has evinced great powers of research, and his Speech shows that his investigation has been as searching and comprehensive on the topics im mediately connected with the currency as that of the most industrious of his coadjutors, while his stores of general erudition have been gracefully blended with those more abstruse inquiries which communi cate aridness to such a subject. The whole is in vigorated by the vital energy of eloquence, and em bellished by that classical taste for which he is re markable. A Real Touch or tue S;blime.?The subjoined " indignant" passage occurs in an editorial article in an Indiana paper, lamenting the defeat of the Globe, for public printer: , " The services of the Globe, that has stood by the pro >!e and battled for their rights through the hours ol'their darkest peril, and braved the pellings of a furious storm, would be but poorly estimated were it now to be cast off to embrace a mushroom self-styled conservatory; and that loo while the wreath of vic tory, reekine with the choicest dew of heaven, is yet green upon the nation's smiling brow!" Di'Ei,.?We have heard that an affair of this cha WM MrtirbiKfte for some time in nriUU^?e of Brunswick county,^1 S.'WSfiSfifoWAra few ??ys since about six miles from Gaston, N. C. Mr. Dug ger received the ball of his antagonist in his side, about three inches beneath the arm pit. He is said to have been alive the next.morning after the meeting, which, it.seems, took place in the afternoon. From the BcllviUt (111.) Rrpreirntative. The failure of the Sub-treasury plan (the ayes and noes of which will he found in another coiuinn) has caused much mortification 10 some of the friends of the Administration, while to others, who are quite as ain cerc, it has causcd no regrets. The latter hope to see a system devised, by which safety may be insured, and the use of the money be enjoyed by the Slates ; but if this cannot bo accomplished, they will concur in the adoption of the Suit-treasury plan, or aomc loss objec tionable alternative, at 4 future period. It is to be regretted lhal the indiscreet zeal of tome of the Administration presses should induce them to de nounce such of iheir party as differ from, them in aome particulars, though agreeing in essentials, as apostates, and identifying them with parties, to whom, politically, they are as inimical as a mad dog is to water. Such men, so differing, have the same confidence in the inte grity of the Administration they ever had ; and they, will not permit themselves to be driven from its support by what may be the emanation of blind zeal, or perhaps unworthy subserviency. ITEMS. The N. York Stock Exchange Company have given SI 100 to charitable institutions. The Vice-President of the United States is in Philadelphia. The S. Y. American says? "We hazard little we apprehend, in stating, that before the first of May, 183i?and within less than a year, therefore, from ihe period of suspension?the hanks of this city trill resume specie payments. Geonau.?The Legislature of Georcia assembled at Milledgeville, Oct. <?;h. Robert M. Echols, of the Union party, was elected President of the Senate, bv a majority of nine votes; and Jos. Day of the same party, Speaker of the House, by a majority of fourteen votes. U. States Bank stock in Philadelphia is quoted at 1-25. Mr. Siiehrakds majority in Frederick County, (Va.) was 287, over the Sub-Treasury candidate. BY TIIE EXPRESS MAIL. By a slip from the Missouri Argus, of November9, we learn that another riot has taken place at Alton, Illinois, in consequence of an attempt to revive the Alton Observer. It resulted in the death of two in dividuals?Rev. E. P Lovejojr, late editor of the Observer, and a Mr. Bishop. Seven others were wounded; two severely, and the others slightly. The mob succeeded in destroying the Observe* press. ^hc Cincinnati Republican defends the Conserva tive* against the Vandalism of the Globe. PAl'L II. BORLAND bfli leave to inform his friends and the public, that be has taRen the store lately occu pied by James Kichey, where he will, at all tiroea, be pleased to wail on customers. A. W. DKNHAM, manufacturer of Copper, Sheet-iron, and Tin ware, will always fie found at the above store, ready to eieeute orders for any article in hia line. A large assortment of Storea, C? rates, I .amps, and Ttn . ware, kept conatantly on hand. Zinc Hoofing, Spouting and Oiitterin* done at the shortest notice Pennsylvania Avenue, S door* east of 9lh street. Nor. 10.