Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-01-23

SOnccfnei, the gisatvc
executive and Judicial; which acting wiu the respective
limits assigned 10y the Constitution, have tight to pro-
nounce aothosi'auveiy, the voice OF the people.
claim the part OF the Executive to interpret, the
Secretary has douc the OF the people, through any
other ch2ane shake the foundation OF our system
Has the Secretary forgotten that the step to absolute.
power, is his very assumption which he has claimed 10,
that apartment? am thus brough said Mr. & In nj.
luIe TO extraordinary uaniesio read bv the pr.;sn
~ the Csue and which Is ~ intimately eonnt ted with
tc poat Immediately under That ,ocu.
ment though spPsTenty addressed to the Cabinet
clearly aud nsnies''y intended as appeal to people
., 'ne United STATES anu opens aud direct organ
oil communication between the President aud them
anowa 70 'e constitution, AID the isws There are but
'"o s"hes known 10 either, through which the Presl.
dent can communicate with the peopie-by messages
inc TWO Houses OF Congress- expressly provided Tor
me Io"s"aon, or hy prOclsAon setting forth the in
terpretAtvn-, which he places upon law, has become
ms omc,A, duty TO execute To so beyond, Is amongst
the alarming signs OF the times which porend the oy er.
threw Vi The Constitution and the approach Of despoc
power.
The Secretary, having determined tina, the Rank WAX
unconstitutional; that the people had pronounced
the recAsrter, concludes that Cong ress had uohiny 10 do
with the subject With provident he
ee 'incuy aud embarrassment into which the
o. the country would he thrown on tn, Of the
Dsnk charter; to prevent which, he proceeds
WV" parental care TO supply anew currency, equal IT,
oroe'er than tina viii, Congress had supplied Whthis
Newhe determined on the immediate removal OF the de-
po'i.e'; he puts them certain State institutions Intend
ing 10 o'ganze them after tie fashion Of the Empire State
AUTO gr. AT safety fund sysem but which,
undoubtedly for the projectors, il for the country the
limited power Of the Safe Banks did not peru, IN, In
ELECT But Substitute was found by assoc ang them
IA certain articles ut agreement, appointing mn
torgeherai OF all this league OF bsnks aud all this with
Out law or appropriation. Is amazing that il never
occurred TO the Secretary that the subject ii currency be.
'oneed exclusively Congress- aud assume to re.
Kuaie II, was plain o the of ,La de-
partment of the govert,,,ients
Havl"g thus assumed the power. officially to deter.
mime on The co"suuonaii,y OF the Back; having erected
an org~ oi the peoples voice, aud tiled the
question of the regulation OF the currency, he next pro.
seeds to assume the judicial power the Bank lie
declares tAt the Bank has its powers and
mad therefore forfeited its charter Tor which lie ncts on
~. uIon '"e severe and exemplary punishment Of
eAess provision, investing the court with pow er
ing The in action OF the charter IN what man
her me TRIAL should be commenced aud conducted, and
surfing expressly TO the bank the sacred right OF trial
Jury IN finding The facts. All this passed nothing in
The eyes OF the Secretary, who deeply
n providing for the welfare 10 reg ard either Con
gress, the Court, or the Constitution.
The Secretary next proceeds supervise the general
operations o! the bank, prcnouncng with authority, tina,
o"c "e "as discounted too freely, and at at another
too sparngsy-without rehecting that all The control
whch the government righuuliy exercise over the
operations ot the institution, rouyh the Eve dire ctors
who represent the Government in his .enec, Drecor
MIR. Calhoun exclaimed, did say, aalluding to the pre-
senD--No' spies Is their proper Designations
cannot, SAID Mr.. T.. proceed with the remarks which
intended, Oh the remainder Of the Secreiarys reasons
have not patience dwell as-un ptios OF power so
ooid' SO iawiess, aud so uncons uIioa they deserve
not tho name OF argument, aud cannot waste tine in
treali"g them as SUCH There are, however two which
eanno' pass over not beca they extraor
nary OF auuacous than the Others, but Tor another
which choose not To designate.
The Secretary alleges that the hank h,s
WIN '.e politics Of the country. IL this be true it GER
taaiy Is must heinous offence The bank is a great
publtc rus possessing Tor the purpose the
~us' great power and influence, which il could not per
vert ifo" the object intended to that OF nAuencing the
poics of the c.intry, without being guilty of a yr.,,
pohucai crime. La making these remarks, soi atend
give any counienaace 10 the truth OF the charge az
,eseu oy ie Secfetary, 10 deny the officers of
e bank the right which belongs tem in common with
every siHze9 freely to torn political principles,
on 'em Ia their private capacity, without perming then,
70 influence their Official conduct.
But It Is strange it did occur 10 the Secretary
wme ne was accusing aud punishing the bank OH TN.
Charge oil Interfering in the politics the cotry that
e government also was great trust, vested with pow
erS still more extensive, and influence imme asurahiv
greater man mat OF The Bank given enable to dis
c"aSe me OBJECT for which il creae and that il has
no more right 10 power and influence into ,h
means OF hfy e2 s st t i IN n, ow
neh') the man who has made SO prominent n f1,ra l.;
WIS was daily aud hourly meddling in po,ics
and mat he Is one OF the principal political s,n -,
me administrations Can he be Ignorant tina, ,ha i
po,i,;G @ has been perverted nto great
poed Machine with view OF corrupfine and cootroII
ing tne country! Can he be ignorant that The ayo,.ed
anu open poicy OF the Government 10 eward poiici
ifiehd', aud punish political enemies and that ac i m
'hs principle, il has driven from office h,ndr.s ot S
4nu Competent officers for opinions sake OH v and
.e PAGES WIN devo'ed partzans? Can he be ignorant
"' e red offence oil the Bank is that il has inter
@eaded ia politics, but because ,oould not iniermrdJ
Oh Tue riue OF power' There is nothing more digni6cd
au rep,ooi from the lips OF innocence or punisLnent
hoa the bands OF justice; but change the nic,n L.,
Suy reProve an the criminal punish and what ,oa
n"e haeiui can be presented the ,,ion
secretary next tells us la the shirt n, AZ H.
odnh had oeen wa.teful Of the public funds Tia, II h
sPeh some thirty, forty fifty thousand dollar, do mos
Ie"emoer the exact amount-(trtles have uo wsih, ~
me determination oil great que s,ionA i'm ), tn
says ana speeches in defence OF the ms tu,ioo nj -;
suih' one NTH pdrt-some seven thousand dalI,rs b.
iopseu 70 he government Wen, sir, il The b,,L Ia.
Ieay todstea tiis amount OF the public money il il r
e"ase' ~ mas not right TO waste single cent, hu, I
mus say, :" oeIehce oil the bank, that assaed n. il 20 a.
~ 'e executive, II would have been nshG,I In lie ,s
uo and to the public, had it no, resoreJ
every proper means ia its power TO defend ia cn5
anu among others the free circulation of allie .o ,;;
publications. Vi 'o'e anu Judieious
pb ' ,hai me bank has been guilty of wasting the
u"us, 10 tte Hull extent charged by the Sac,a, ,r,
would ask he, the head of the faanci.I ds,ar,o
VIC government, IL not under high aud so,emn ohI;,
~ ,ahe care oil the toiied interest of the nuhlic a.
no Va"h itseh! would ask hipl to answer ,,e , TO-.
sPs questions How has lac performed This du,v il,
% 70 inc interest which the public holds in he bank
% NC oeen less wasteiu than he has CHARGED t, IanL
w i~'o oeeh! Has he not wasted thousands vLe,. Ill.,,
pT even according TO his own statement has hundreJ3
,h NO 'o', ny Withdrawing the deposiies and pI,ciug
"e,n w 'he state Banks, where the public -.
cen, Of interest," greatly affected the dividends Of the R
VI 'ne United States, in which The Government o. "
oc6noiuer, Is loser to- the amount of one Gh Of
bnu on "a sum which. will venture IN nrao, Ill,
'y ou exceed the entire amount which The L,nk L,s
expended III It's defence But this is a small ,ar,, 80,
OF tue public loss in consequence nj ba
"e IAecunVe has pursued in relation IN ,e h,,L
=, Zoe nHS Teuuced The value OF the shares fo,, I2n
: ~. Den''or near me says, much more. IL NAV be.
80 MOI particular ia such things)-snd an ,v,;nJ ~
puonc sos'ains corresponding loss on s share Of %
.pck, amounting To seven millions of dollars a go. w
"a" "o hundred fold greater than the wat. .h;ai ~