Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1831-12-13

il for the present to the investigation of an epliyht
cned people and their Representatives II is aston
ishing to us, that with these expressions before them
any one should come to the conclusion of the Presi
dents having changed his opinions, or that he is
prepared to re-charter the Bank whatsoever the
bill may be presented to him.s Very different, we
cohiess are our own conclusions; very different are
our own Impressions. The President will remain
firm as he is
IDS brings us ut once to the Treasury Report
but we have room for comments on il this morn
ing Able the Report is charac terised as it GER
tainly is by the vigorous mind of its author we
cannot conceal from ourselves that il is also too
strongly characterised by principles, that are too
mgh-toncd.-In two important respects the Report
is distinguished from the Message. LIST. The Sec
retary recommends " the expedicncy of re-char-
tering the present bank at the proper time and
with such notifications, as without inpairing its
usefulness to the government and the commune
~, may be calculated To- recommend il To thc
appreciation of the Executive, and, what is vi
I r,,y npoIun 10 tle confidence of the pcople."-
The President, on the other hand, declares that he
entertans "the opinions (he) had heretofore express
co.. The President and Secretary are opposed up-
on TINS question; and Mr.. M'Lane gives this Caycat
to the reader:
"The performance of the dutics tbus en;oinod h :,
upon tne Secretary OF the Treasury implies however
eon,nment Of any other department Of the Goper,,-
menf each being felt free to act according TO the mode
pointed ont By he Consfit,,tion."f
Another important point of difference relates to
the Tarift.-Thc principles of the Message appear
10 DC very much distinguished from those of the Re-
port The doctrine of Protection, as now under
stood, IS not referred To- i'm the Message. Repe,ue
and coniferraiting dulles are all that il recognizes.
and these have been uniformly admitted The Mes
sage recommends, by implication general reduc-
uon OF duties and includes manufactures by recon-
mcndng gradual reduction to save from loss "NIer-
chants as well as .NnnJacturers"-Th Report adj
nts that the system of protection has "gone beyond
the proper standard, and that the present crisis re-
9uires that il should be confined within reasonable
limits-but at the same time, it singles out as othe
objects more particularly requiring the aid of the
er,st'ng duties upon the principles of this Report.
,coo tcootens, cotton, iron, hemp and sugar" 1t states
that these duties could be materially changed
az present" we postpone comments on the
Report, until our next No
sIhc N Daily Adv, the states, that s soon ma ~,
was made known the pro-
sun had so lar abandoned his institution thai no
eo on ne b This advanced the which
was sold Tho day previous 29 a6er Tho
ad OF Bankers adjourned 10 1871 nt making sudden rise
vi neary two this fact alone. " '''s
fihs passage, the Globe doubt
port hsc IMPORTS with view candidy nuhi;c
ne opnons expressed the Report Officer om
'aey ae exnctod ny law and involve any
OF the Executive of
~ Tho Report obviously Raj IT..
heretofore expressed by the President is ce,Y
ny Nun The Secretary OF the
= ~ we dcharge OF his duty to declare frankly his own
IN bis own Report The great ability and ren,,on az
na' officer, will h
on we owe to candor, that we from
o the Report on the subject of the United
lon becomes topic Of express our onn,. viii, III
independence winch belongs the pr,ss