FOR THE MADisoNiAN.
THE SUB-TREASURY.
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" Our whole experience, therefore, furnishes the
strongest evidence that the desired legislation OF Con-
gress is alone wanting to insure these operations the
highest degree Of security and facility Such also ap-
pears TO have been the experience Of other nations from
results Of inquiries made by the Secretary of the Trea
sury in regard to the practice among them, am enabled
to state that in twenty-five Of twenty seven foreign
governments, from which undoubtcd information has
been obtained, the public moneys kept in charge Of
public officers" ."-Message of The President, 1889.


Can the people of this country be longer deceived
in this maler2 The President has unblushingly
admitted that he has sought among the monarchies
of the old world, probably by his son John, for
financial policy for this republic and he tells us that
he has ascertained that twenty-five out of twenty-se-
of these powers have adopted his sub-treasury
scheme-and, TO cap the climax, he recommends and
presses as sutableto this republic, policy that like
The feudal system, is found by The monarchies of the
old world Indispensable to their existence. They
must have the money within their own control; and,
by keeping by their officers, it is always ready to
prop the power of the crown when assaulted by the
people. The truth is, Mr. Van Buren is wholly des-
tiute of republican feeling He has been too long


in Europe-he has been charmed by royalty-he
must have his English carriage, his English servants


in livery-he must live in royal style-and yet
strange 10 tell he assumes the name of Democrat


He may well say, Oh, people, how love you--for
can play the King, while you still think am
Democrat" @.