Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-11-21
From tho Globe
Sen a TOR LEIGH'S SPEECH.

Delivered al the Dinner gioen to him at Petersburg on
The 10Th October last
We appeal TO every frank, sing Virgian "a bc
has read this Speech tell il he can wha cours. hi.
Senator intends TO pursue, as the Representative OF Viz.
gna, In relation TO the Bank OF the Uned States and the
future repositories OF the public moneys Does he intend
TO regulate by law the deposites ia the Slate Banks :
Or does he intend 10 propose and adhere bs she plan
oi suodivding The Treasury, aud creating tnu,ude OF
Treasurers 10 keep the public moneys Or does he me
10 vote TO re establish. in shape, the Bank OF the
Stdies! we think IT will perplex The most
OF his constituents perceive amidst The fog OF ibis
the path which the Honorable Senator opposes TO travel
The only question which is likely TO be nresen,eJ ~
Congress AL the next session whether
public money in the State Banks shall he regulated v
law, or ei, as now is, 10 Executive Jrecou Yet uo
on this question, the Virginia Senators il to(aHg
While he Tits at men and things with the va'or aud i'm Ie
ment OF Don Quxote, lac carefully avoids the
lion which he Will have TO encounter in the
whether he viii vote 10 cur,a the power OF the Execu.
live ia this respect, the President once
ed and probably viii again, whether he will lave
ny hnE as u.s. he does not condescend Inform The P.o.
pie OF Virginia He certainly leaves them 10 infer a. 90 .
shall presently perceive, that lee wholly averse TO The
employ oil the Slate Banks and i on oss all oi
Iauon winch tends TO settle the question and relder the
present system permanent.
What then, will he do! lie declares TO us ex,lci,ly
what SORT Of system OF depo. oies according TO lis op
n0n the Constitution utendvd aud LeIueates lis
III the following passage, viz:
Let general treasury Office he csaL he'd al The IS
oil government under the niauagemtn, OF a heasuer and
local treasury Offices established each Of The State.
many as should be convenient under the nanag M of
assistant treasurers; requiring bond security from an,
treasurer aud assistant ireasurcrs, for the faithful ,e
OF their tTusiel the weave be drpos,ted i'm hes
offices, it should be coeceIgve pow er TO ia. Srcre
tafy OF the Treasury 10 remove Tedudau funds from one
office TO another, where sond require ,b.u
TO be dsbursedgive power to the Treasurer 10 draw wal,
rants any Office lie should ihiuk proper guaritg The
power by suitable and efficient checks; "a Ike eu,b
ment and felony in him wiully issue any warf,ni ~
cept under authority OF law, the budding OF any ppfson
Whatever ana make II emb' zzleRent and felony Ia abv
assistant treasurer, TO use Tor his purposes lend 10
others or pay away any money excepttO arran drawn
by the treasurer, IN due form OF law"
This is the notable plan by which Senator IegI ,vo,,
diminish the power OF the Executive over a Z, de,oso
res Of the public money! Instead OF suffering the arrsi
den' TO appoint Treasurer, as ice does now he oud
have him appoint "0s many shOIdd De ccspsses coz
IL the appointment taken O the hAssIs Of the Pre-
sdent with The concurrence OF the Senator'S il +rst he
vested in the Head OF the Treasury Deparf,oen in Dc ~
officers must necessarily be, bl other Executive crs
now sabect 70 removal ~ the will OF the President
Mr. Leigh attacks he Constitution usei( when he Coz,
trJveris these positions, shall show AMI
these TreasuTefs all appointed by the President and
removable al h's viii, ""h OF the public money
III theiF actual Possession-in their pOchets des6S
trunks. and Uaulfs ARE ia The opinion Of Mr. ,tsb
the constitutional repositories OF the public moneys IN
preference 10 the Stale B1nks, which guard the nuh
lie treasure they 10 their own over which he
President has no control, AMI Treasurer WHO in.
stead OF having the money ~ his acu poseso cannot
possibly get dollar Of IL into his hands tor any other
purposes tan 70 pay his salary aud ordinary office
expenses iiiF fortunate Tor Grn Jack-oh that he does
not enterlsin MIR Leigs Opnious IL he had suggested
such system, what peals OF patriotic indignation ould
have burst hom eloquent Senators against he usnJDer
ana tyTGm, who desired TO get Tie millions OF the
Treasury int me Gerry h0Hds O his parisss and para
cites
But Mr.. Leigh gives some excellent ressons Wly the
Constitution must re'1iv rs it has been dead let
ter on s interesting subject They follows viz:
4" MIR. L. bad said, he had hopes that il would be
adopted; because the ifiehds OF the State Bsnks-tbs
friends Of National Bsnkil1e rends OF ,h, Esoe,nyo
esms 70 power over The IFessurywoud al be opposed
10 IT. and because the nation would be couen to give
up the profits OF tie Paid 10 for revenue a. acve
Capital ~ the interval beiw ie collection and dsbuf.e
men aud 10 lei II lie idle and reproductive; aud he ngbt
nave added that the expense Of sch an establishment
would be as shenuousy urged agsb< it, ~ il ongress
were not disPosog Of surplus revenue 80 The tune Of mil
lions, at every session"
And he might have added 3si he was r-d,,bJv ne NJ,
" man, from The time The Treasury scheme Of The Con-
suiion was conceived, down 10 he year 1884, lao eve,
imagined that such an organization Of lie Treasury as
required BY tat Instrument, would BE- useful potc or
Having Nus absh3oned Use Constitution as lost beVopd
"bope, and this subject thrown himself Into q the
midst Of revolution, What does ils honorable gentleman
propose Does lee suggest lie pfoPiey Of amending That
instrument and adopting ~ provisions degree 10
The opinions and business Of (iese altered iges3 ~,
In lieu Of reasonable aud patriotic remedy for xi.,
ing evis, ne briugs vs. back 10 The "GUd 0frn4fres"
win which he has been attempting 10 tOoignk and mis-.
ie~ virginia rom 'be lime OF his hrsl appearance The
Senate. Hear him
That 10 ls opinion. founded on long and anxious &c.
eciioD, nothing would be ultimately lsG 10 fbotn bUf
choice Of egiis. he would tell HEM lLst te objection Il,
Nauona Bank. constitutional gfoands ss,s and had
always been confined 70 Virginia aud lew a very few
o'hef states Of The Union; hat therefore, whenever any
Administration should hink expedlcnt or whenever Al
ess'y' shoWd become general throughout the Union Al
igs, as Happened in 1915 49, National Bank ,yaoi
20 efeaea ~ spite Of oH opposdon and hai Ibis vas