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Editorial December 23, 1840

Republican Herald

Providence, Providence County, Rhode Island

What is this article about?

Editorial critiques Federal papers for opposing resumption of specie payments by Southern banks, linking it to the opposition that ousted the current administration. Quotes Baltimore American and notes support in Philadelphia Enquirer. Contrasts with Madisonian's vision of Democratic Republicanism under Gen. Harrison, emphasizing states' rights, strict constitutional construction, and equal political rights.

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A Principle Avowed at Last.—The Baltimore American, one of the leading Federal papers, contains an article relative to the resumption of specie payments by the banks of Philadelphia, which concludes as follows:

"A MOST PREPOSTEROUS EFFORT IS MAKING TO RESUME SPECIE PAYMENTS. THIS IS NOT ONLY SILLY IN ITSELF, BUT IS AT THE SAME TIME WHOLLY INCONSISTENT WITH EXPERIENCE, AND IS ONE OF THE CHIEF POINTS ON WHICH THE PRESENT ADMINISTRATION HAS BEEN DRIVEN FROM POWER."

Here is a distinct avowal that one of the principles of the Opposition to the present Administration was that of preventing a resumption of specie payments by the Southern Banks! This most extraordinary exposition we find honored with editorial scabbards in the Philadelphia Enquirer of yesterday. There is no doubt that it suits that meridian. Will it not be adopted here by its kindred press?—N. Y. Standard.

The Madisonian, their organ, says—

"When Gen. Harrison assumes the robes of the Presidential office, the country and the world may rely upon it, that Democratic Republicanism will be in the ascendant in every branch and department of the government. The people of this country have eight or nine times emphatically rebuked federalism, its men, its measures, its principles, its tendencies, and its associations.

It is not the genius of this government, or of its people. The states will be supported in all the rights appertaining to them as sovereign and independent powers.

The constitution will be preserved inviolable, and be strictly construed, according to its letter, in all cases in which rights or duties under it are called in question. The Executive, the Judiciary, and the Legislature will be maintained in their several spheres, as co-existent and independent branches. Government will be administered for the good of the country, distributing its blessings, like the dews of heaven, equally upon the rich and the poor, and not be perverted or applied to the exclusive and selfish purposes of a party. There shall be an equality of political rights, and no exclusive monopolies of political privileges.

The will of the People must be understood, respected and faithfully executed."

What sub-type of article is it?

Partisan Politics Economic Policy Constitutional

What keywords are associated?

Specie Payments Federalism Democratic Republicanism States Rights Constitutional Construction Political Equality

What entities or persons were involved?

Baltimore American Philadelphia Enquirer N. Y. Standard The Madisonian Gen. Harrison Present Administration

Editorial Details

Primary Topic

Opposition To Resumption Of Specie Payments And Vision Of Democratic Republicanism

Stance / Tone

Critical Of Federal Opposition And Supportive Of Democratic Principles

Key Figures

Baltimore American Philadelphia Enquirer N. Y. Standard The Madisonian Gen. Harrison Present Administration

Key Arguments

Opposition To Present Administration Included Preventing Resumption Of Specie Payments By Southern Banks Resumption Of Specie Payments Is Preposterous, Inconsistent With Experience, And A Reason For Administration's Fall Democratic Republicanism Will Ascend Under Gen. Harrison People Have Rebuked Federalism Multiple Times States' Rights As Sovereign Powers Will Be Supported Constitution To Be Strictly Construed Branches Of Government Maintained As Independent Government For The Good Of The Country, Equally Distributing Blessings Equality Of Political Rights, No Monopolies Of Privileges Will Of The People To Be Respected And Executed

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