Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-02-04

survey may be ordered TO a.c~r,.n the mcst
r railroad aero-s the Peninsula OF Michigan to con-
meet the waters Of Lake Erie will, those OF M,chigan and
that an adequate appropriation may made for that pur
po'e which, motion of Me- Hendrcks was referred to
the Committee on Roads and Canals.
INsrRUcrIoNs TO COMMITTEES ON r,SAxcr
Mr. Po'ndexier rose and observed that from the re.
,a a,Ss Oh the gen'iem,n from New York, (Air Mighty
wmen accompanied the presentation by that gentleman
Of the resolutions passed by the of thai Stale
evident that there 10 be change in the action
congress- al the present session, relation 10 the dis
,ressed condition Of the country, and the Of
us currency The honorable gentleman had told the Sc.
nate, by authority that Bank of IN, United State. In
70 oe Incorporated, with any notifications whae err
ma the d'posies OF the public money are 10 remain in
anks under the exclusive control OF the Secretary the
ever; that The Secretary OF the Treasury in his .pos
ton ot the public funds is be controlled only by the
NecuWe WIZ; 'hs Tue presen, state Of things is 10
'nue ""' pubic opinion shall apply the remedy the
existing evils OF the country ; ami that the State Banks
alone are 10 be relied procure the circulation Of
sound currency.
These views. coming io the source they did, were to
DC considered as the views OF the Executive to
ue oy tue Tremendous ro.er OF the Execu-
"ve which wa given by those rho trained the Consti.
tu'ion Tor o'her purposes Mr. r. dill not al this time
intend 10 embark IN gument OH the question which
gre" ou' o hs resolutions presented by the gentleman
from New York, aud his remarks Wing Them
which Dire forth the OF the ON Mas.
aenuse: when that question again came up, he should
"ne occasoh 10 present his views fully the subject
but what he meant to say was that we are debating
van; power for the last four years had been steal
ing rom the many TO the fe aud that Cong,ess was re.
uuced 10 mere legislative machine, for the
Of ousrss 10 be ated not, by :he
assumes The right to rule the des nies OF the country
ne cries OF the country Mr. p. continued are not to
be beaId-,ts ds'resses be looked NJ, ami we
ave to be turned back 10 the Revolutionary war and call
e upon 10 suer Tor Chiisrs sake, all that inf CT
ed upon us. We are to be turned back 10 the Revon
onary war, and told that the contest now AZ was s
LOT money Did gentlemen forget the Declare ion Of In.
uePehaehces was there any thing abou, contest 10.
money in the declarations OF the people Of Boston when
'hey commenced the Revolutons No. sir the arguments
used then, against the dangerous exercise of srbi
~ niger nj
power that shall ever continue to raise my arm.
Mr. President hr. Il. coninued,) have been dra WIN
into these remarks In consequence OF the Importance M
tue SUBJECT involved, aud they IA oeface
ne introduction OF the resolutions which hold in INV
hand My opinion is, that the whoe subject should he
sent 10 the Committee Finance, with power given n
mem send Tor persons and papers, that we may bring
People; Tor IL any thing being the people Of this
country back from Jacksc, ism common sense ia bv
giving them iacts; which, when brought before them he
yen'ued 10 assert, woud inconiesibiy prove, that the
dsesses now pervading the country the consequent
ces OF political schemes to bring all power into the hands
OF "the party" ~
Mr. Pondexter then subated the following reso,,,
hons' which were read and ordered to be printed:
~ hesoired' That the Resolutions OF the Legislature of
New YORK, presented TO the Senate, be referred 10 m.
Comnitee on Finance to which has been referred
ay other petitions memorials and resolutions on the sub
!eet Of ue Removal OF the Public Depo.ites from I,.
Bank OF the United States, and placing then in o,;
ae Banks by the orders of the President Of The United
ResotUed That said Committee be instructed 10 inou;e
mo Tie present condition Ct the currency of the United
States and The effects Of said Removal Of the
oil the same. p''"eS
Resoired, That said Committee be instructed n no,;
into the facts and circumstances which are alleged ~
rendered said Removal OF the Depostes necessary and
proper at The time the order given for thar
ana also into the legal and Bower az ,I
PRESIDENT Of the United States direct aud control the
secretary OF the treasury in the performance of specaI
duties, conided to the discretion of that Officer bv I
connected with the power OF appointments and removal
OF the Heads oil the several Departments of the Govern
ment. $50 N'e'"-
Resolred. That the said Committee be further instruct
ed 10 inquire whether the present distress and eubar
ments oil the mercantile community and the orcss,ra
perenced oughout the country by the sudden dn,s
sion In the prices OF agricultural products and
Dranch OF industry and also into the caues which have
they may he aveIted. - ~
Re'o'ued, That the sail Committee be authorized in
nsrs ,hsv 10 send Tor such persons and pa
the matters referred to them by preceding resolution
. NEW YORK RESOLUTIONS
Mr. webster then moved TO take IN the ,roce.d;, -,
and resolutions of the Legislature of The State T G
10 oA ~ relation 10 The Bank Of the United States and
the removal OF the public deposites submitted yester
DAY by Mr. Wright; which motion having been Carried
Mr. Webster said he would beg the attention of the
senate Tor few minutes, whilst he made some obserw.
tons' was not TO be denied that the financial ars of
the country had come at last 10 such State Thai
h see plainly the question that presented for
Tue decision oil Congress We had he
us now the views Of the Executive as to the nature mJ
extent oil the evils alleged to exist and its notions as 10
short 1t was simply the system Of adinisraIi ,on,
e oy me Secretary of the Treasury that whenever he
MINK proper 10 remove the public moneys from the
banK oil The United States, should stand az the sa,i.d
Pocy aud system Of the country, upon the au,hor;, 81
me Executive alone. AS he (Mr. w understood H. q
grave significant import Of the remarks of H.
gentleman from New York, and, as he perceived ,ha,
were generally understood, and as thew were Out;
"sn'y un"ers'ood by the gentleman from Mississ mi
iir foindexter) who alluded TO them ON nresen,;
MS resolutions, he <NIr. wy would take the carl;a
opportunity to state his opinion this subject and h; 49,.
'hat Inc evils under which The country was at This n
s"nering could not bring relief and would mn, he &C.
quesced IN lie thought the country would moi acouiesrs
anu na' 'rom no motive OF hostility to the Government
from no disposition to make the currency of The
turn upon political events make political events
upon The currency; but simply because in his ind
he system radically defective, totally Insufficient
lying WIN u iit'ie confidence Of the public and no moro
"am carries by means OF the that re commends il
me honorable member from New York (ur Tail
madge) does not admit the propriety or the force NJ mo-
nMk, respecting the constitutional power of Congress ~
establish Bank. 1 will repeat it, sir for ,I,o go "
AVOIDING misrepresentation. What said was mai si,oa
e secretary, and all who agree with the Secretary
NV % Necessity OF Tie agency Of some Bank 10 carry on
'hey could ind power TO use State Bank aud 90, g.
10 power 10 create Bank Of the United Sta,es IT,
geh,iemss perception may be sharp enough IN soc ~.
hc"oh between these two cases, but IL il loo uou,s e.
my grasp IL ~ not said in terms, in the Coos,i,utio
bat congress may create Bank; nor is IL saiJ 4,
that Congress may use Bank created bv a STATE LIE
'hsn, does u get authority TO do eheS No, o,Isr.;s
certainly an That II possesses power TO pass all LAVE
soy anu proper Tor carrying its movers in
" ehee', III law were now before us for conf;oino
.ne arrangement OF the Secretary, and adopng tyy sn
W State Banks into the service of The Tinted e.
a. hscal agents Of the Government, ybs,a -, y.
honorable e. NIL hnd authority Tor passing sur
NO "hete out IN That clause Of The Constituon ~ ,yht
nave referred; That Is TO say, the clause which s,,o
rim, ' " pass all laws necessary and proper for car