Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-06-13
Twcnfy-tIaird Conyress.--lst sess
SPEECH or Mn. LoYALL, of Virg,nia, ia the House
of ReDresfufufipfs. Nam Dc lS3l


The memorial and resolutions adopted By a meeting
hei IN Norfolk couuy, favor OF the OF the
1eposes oil The public moneys the Bank OF the Uned
MIR Lo, ssid tina, the memorial and re solutions be
lore The House from Of the his district
approved in strong terms the course Of The Executive in
relation TO the Bank oil the Quilted States They ATE
signed by largely of four hundred persons
presented TO be majority OF the voters Of The county and
as one oil tie resolutions OF the series me- said
Mr as lar these ricnofia.ists me, TO
vote ior The restoration OF the deposi,cs. incumbent
upon NE TO state the grounds of The vote which your ur
MAI WIZ show have already given upon that propositions;
contrary own. To the wishes OF large portion OF my
o. The trust conhded to me- This duty should have ask
ed leave to discharge when The proceedings OF hi. Ct
g were first presented, but for the lateess Of the hour
AS an perec iy aware OF the Impotence The House
under any further discussion connected With e depo.isc
question, / now promise to scqu myself Of this obiga
ton in very concise manner.
Aougb, Mr. Speaker prior TO the omen ne Of the pre.
sent session OF Congress, opposition 10 this the Ex-
ecnive did not exceed at least in great degree the OPP
position generally mantle ted the promneni of
every administration, within b,ict space aier he Re
presentaives OF the States aud Of People had Assem-
bed here, II assumed low ering asp Ct the cry
OF us"fpauon aud tyranny were soon echoed back the
halls oil this building from almost every quarter OF The
Union; most intense sensation suddenly pervaded
The public mind. BY hatagency il mainly pro.
duced, and has been seduIouy kept up, every one viii
determine Tor himself BE that it may, the quick
contaeion OF the panic reached The gond people
who sent me here. Public meetings we're held ia al
most every county and town OF the district the pro-
ceedngs of such conde mned tile removal of the 4, no
sites when transmitted 10 me, laid before House
at the earliest moment allow able by the rule Notwnl.
standing the extraordinary excitement, and, 1 doubt not
the aciu" distress which prevailed among portion OF
my constituents, to degree perhaps great az in al
most any other part of the country, down TO The period
when the OF this body taken upon the resou.
ton reported from the Committee OF Ways and Mrsns
declaring a, the deposiies be the
@ u .e on''eu .'"es, 'he aggregate OF signatures
upon memorials received, insrucing their
restoration, amounted TO abou; hundred OF all scr s.
winch, together with the signatures upon the now
submitted. make The whole over twelve hundred. Ad-
ihurg, men, every upon the several Inc moi als
which had reached mo, when called upon to vote
Tor or against the resolution OF the committee as duly
qualified voter, the total have stated was about
eight hundred, The NEE ing which adopted this me mo
nd' was held on The 9th day OF March, than two
months previous 10 the date of its pion; leaving me
during this tedious lapse OF time, without even notice of
It's adoption, rom any one authorized il
whilst, no doubt could he entertained that the
the 'n,erval. he disposed Of
Holding myself, in all things, bound 10 srbmi, 10 the
guidance ad conrol ui msjJy OF my
rive effect in all cases, 10 their expressed w-implic
W 10 ooey tsi sovereign mandate except when il
be done without dishonrr and PICTURED con-cience--I
anxously looked, from the earliest NOV ement IN nv dis
iic upon this question, for such xpresson popular
scntiinrnt would indicate the path should pursue Ia
this such IMPRESSION Of het sentiment should satisfy
me, that stand opposed msioy the voters o. nv
d's'iiets Does ~, taken in connection other circun-
sances, I nis such strong presumption OF
as to require OF me eiher The the cleare
and strongest convictions Of my deliberate Judgment Of
my seat here hese arc inquiries. with which have no
wish 10 trouble The House but will proceed 10 state yefv
briefly, the that have brought conclusions
"hicD, reRte 10 say, not aimed by
spectacle portion OF my constituents.
Having held the opinion that Congress- in incor.
poranng The Bank OF the United SIaes ~iout an-
hor'ty iton the Constitution, and that have
resuliedi'o this asump ion power could %, hope
that my opinions upon the dcpose question: would be al
together e ee from the bias those long settled conyc-
tons have, as lar possible, however dyrs. ed, INV
mind OF all prejudice dcved from The in pe or i'm nj
this ns'u ion; and TO view The oues,o in lie
mere ufect CONNIE xion with the pow the Executive
anu Us influence upon the great the cuun,ry
90 nor propeSs' nc TO trcspass upon tie House by
ing at large into the discussion OF these grave matters but
merely 10 ooeh point or two, suggested by This
RAJ The pain experience in finding myself at variance
WIN me meinoraiss, Is somewhat allevia,ed by the
moderation OF their views with The lanrna-
tory Recommendations too often heard here They speak in
The hrs place. OF this as "moveIneR undertaken by the
Executive upon Isis own responsibility without the
concur nee of Congress-. IT, in this they have refer.
enec TO that section OF the Bank charter which au-
thozes the transfer of the depc.i,es-wheher he ,c
sponsbiy rests with The p, esiden himself or the Serrc
tary OF the Treasury. with both, is the first lime
have heard doubt suggested from any quarter that the
transfer may DOT legally aud properly be made, before
any action OF Congress upon SUBJECT The Charter
prescrbes that he dePosIes Of the iaoncy OF the Uned
aies, ia places which the said Bank or brare.
thereof may be established, shall be made in said Baik
or branches thereof uness the Secretary Of the Treasury
sa at any time Otherwise order and direct; IN which
Case he aIl immediately lay before Congress- il in s
sion and ~ not, immediately after the encemen OF
.he next session. the reasons OF such order direoon
Ills obvious them that this movemen a. The memorial
ists erni may be'aken only without the concur.
renee oil Congress, bu is until Secretary has
exercised The power reserved by the charter that HE con-
be had. ~ "
This dare say is view peculiar 10 the author of the
memorial aud was, doubtless, overlooked by msny in the
hurry oil signing their names, which may reality ina
gie, olien happens 10 such hen the Secrearv
OF TIE treasury, under this section OF the Bank charter
which is nothing Than The express reservation of
Pfe-c xsng pow shall direct ie poses Of The mo
hey oil the Uned states 10 he Withdrawn from ie ssid
Bank, branches thereof end has piorecded 10 Law be-
lore Congress The reasons which induced him TO give fe
order, the whole matter il under iie control of Congress
subject such further direction AZ in ,her wisdom NAV
seem tit. ''
Now, cir, this angry and proraced controversy has
arisen ont Of tie oct Of The President in dispiacng ore
cfeiery who would Withdraw the lspo,es rom lilo
BANK OF lhe United States, aud appointing another Dto
caused them TO he Withdraw n; and involves tie extent
OF tie President control over lis cabinet officers ioee
lber wth tie right oi the Secretary OF Treasury to
wihdraw and Withhold the depOsItes Of the money Of The
Umed states rom lie Bank, under lust and fair co,.
srucloh Of is provision OF ITS CHAR These oe son
lie within every marrow compass, and II we could Ia,
any neafs disen'ange lhem rem the fierce sfnrgts ri
conflicting parties hch has been carried on II moi IN hi.
House, mort cetdiny else where With faS different vie
HAN 10 Hile heu according The Cousiisu ion aud Nv
I We 'houIt ii'd ibcm neither Giicu nor complicated
The Execuiive power Of the United s,sts being vest.
ed ny ihe Con iiiu ~ IN ihe Pres dent IL is I para.
mount duty. AMI almost lis sole Junction. 10 m
the several departments estsbshed hy Congress and 60.
that ie laws are faithfully executed lie j. tceneed bv
aud vi The adtce and OF The Senate 10 sprot
al ohicefso OF The Oniitd Ssies whose appnin fpets
not otherwise provided Tor, aud which shall he established
hy law. The patieps iu, Of the Senate vas intended
only as check upon tie power Of appointment which
occasions confr oHces or persons UNIV or,l,v q,
ufesfiy ill Them, 10 die ,....S