Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1831-03-29
G0MaMMssI0MAMa
BANK or THE UNITED ST4TES.
MIR. BENTON'S SPEECH.
SE.N.dI,E-WEDNEsDAY, Feb. 2.
TCONCLUDEp

| ICONCLUDED
have said that the charter OF the Bank Of the Unit
ed , ates cannot be renewed. And in saving this /
wish TO be considered, not as needless denunciaor
supplying he place OF argument by empty menace
but as Senator, considering well what he saws after
having attentively surveyed his subject I repeat
then, that the charter cannot be renewed! And In
coming 10 the conclusion OF this perempory opinion
acknowledge no necessity to look beyond the walls OF
this Capl'o-bright as may be the consolation which
rises on the vision from the other end of the apenue
i conhhe my view to the halls Of Congress- and joy.
fully esclaim, II 10 no longer the year 1916 Fifteen
years have gone by times have changed; and former
arguments have lost their application. We were then
fresh from war, loaded with debt, and with all the en-
barFassments which follow in The train of war We
settled down in peace and TRANQUILITY with Al
the blessings attendant upon quiet and repose There
Is no longer single consideration urged ia favor OF
charerng the Bank in 1916, which can have the leayt
weight, or applications 10 favor OF recharsr ring il now
This 10 nay assertion bold II may be; but no less
hus than bold. Let us see What were the argu.
nsni, OF 1857 Why, first, "to pay the public eredi-
tors'r answer tbs Is no longer any Thing for be-
fore 1926 that function will there will be no more
creditors to pay 2. " To transfer the public nlOnfus
That will be nothing; for after The payment OF the pub
Tic debt, we sb III have no moneys transfer. The
twelve millions ofdollars which are now transferred an.
nuay to The North East, TO pay the public creditors
VIII then remain in the pockets Of the people, and the
reduced exPeud lures OF the government will be made
whsse the money is collected. The army and The ma
Wy, after the extinction Of the debt will be The chief
objects OF expenditure; AID they will require the mo
ney, other the ffoners, convenient 10 The land off
css, the board convenient to the custom bou
sos Thus viii transfers of reyenus become unneces.
sary. 3. " To make loans TO The Federal G0peyn-
menf" That Is nothing; for the federal government
will want no loans IN time Of peace, even out OF
s own dePosiies; and the prospect Of is rather too
distant al present 10 make loans on that q, count
" To pay the Pensioners" That is methipR oyy
admit when tbs pensioners are sl $4,000, and the
payment exceeds million per annufp. But what will
Il be alter 1926! When the hand of death and the
scyihe Of time shalI have committed five years more
OF raVages in their sene ranks. The mass OF these
hefoical monuments the men Of The revolution
They are Tar advanced upon that allie gorca bridge 90
beautifully described in The vision Of MIRA. They
have passed The seventy arches which are sound and
entire, ADD are itesdiDg upon the broken ones,
whore tho bridge 10 full oil holes, and the clouds end
darkness feiiins in. AT every step stun
hes and falls hrough, and is lost 10 the ocean bone
la lew steps more the last will be gone. Sorrly g.
canno be necessary TO keep up for iweniy year, the
vast establishment Of tho icdsal back pay the brief
suPends OF these 1seiing shadows Their country can
DO lean pay the pensions as well az give lhym-
snd 90 y Tor tie little time that remains with no other
regret than that the grateful task is 10 eeae 20 soon g.
! TO regulate The currency" ! answer; the joint re.