The Daily Madisonian

From the Columbus (Ga.) Enquirer, Feb. 16.

THE EXCHEQUER.

We have earnestly and anxiously looked for the report of the committees to whom have been referred the plan of an Exchequer recommended in the annual message of the President. We have looked in vain. As yet no report has been made; and we are still in ignorance of the probable result. There seems to be, too, a very unusual silence on the part of the public journals nearest the capitol, in reference to the subject—so that we are wholly unable to form a reasonable conjecture as to what will be done. We sincerely hope that in another week we shall have some action on the subject. And we again repeat, that if the present Congress shall adjourn without the adoption of some plan by which the desperate condition of our currency shall be amended, we would not give a fig for the future prospects of the party. On the contrary, much may be accomplished towards securing a permanent ascendancy of the Whig cause, if those whose duty it is shall lay aside their personal and party prejudices, and unite upon a plan that will meet the pressing demands, and lamentable exigencies of the country. That such an object is perfectly attainable during the present session, we have not a reasonable doubt. The President has manifested a disposition to go as far as he thinks the Constitution will allow him to go, towards effecting the object. Will the representatives of the people go as far? If they do not, their day of reckoning will be a fearful one. They may for a time cover themselves behind the cloud of reproach which they have stirred and gathered around the head of the President; but in a clear, calm day, the common sense of the people will prompt them to inquire, why was not something done? For our own part, we like the plan of the Secretary. As far as we can see into it, it is a good plan, and would answer most of the objects desired. But we are not wedded to it. It might be improved—and even with a shade of misimprovement, it would answer vastly better than no plan at all. The country cannot survive long amidst the present state of things. Its best interests are withering; its prosperity is rapidly wasting. It is in the power of the present Congress to revive and cherish these drooping interests, and if they do not, upon them, and not upon the President, will the fearful responsibility fall.