Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-12-20


party to accomplish the ruin of the Executive threats
OF assassination made committee allcr committee
@ upon uie president, and sighed out their dociul
Lamentations i'm his Heaven and earth were con.
voked TO aid in the accom- plshncnt Of their purnoses
bntl; would not al avail them: Mordccai the Jew still
stood in the gate.
To notice all the subjects herewith connected would
transcend Inc limits of our address object is rather
briefly to sketch them We shall now proceed 10 notc, c
warrant CT the President for the course nsucJ
ny MN" Inc wisdom ofwhich is proving by daily dcyclope-
In the passed. establishing the Treasury de,,r,
meni by the Congress of 1880, (he first CONGRESS- that
met alter the ratification OF the Federal Cons,ion0
me power is expressly given the President dismiss the
Secretary fer is said 'whcnsocyer the Secretary f
The Treasury shall be dismissed by the President &c
n SCI III ahsage as PLAN and unequivocala Us
DC employed, the Executive is clothed with that power
winch he exercised in relation Duane and for which
c mas nesn denounced as usurper and yront Istrkes
our minds with astOnismcnt that politicians who eyer
SINCE tcy departed from the republican faith have been
'and'narans IN the construction of constitutional law
siCud 80 ccGTty perceive the constutionay ola Nation
al ank when there is scarcely the shadow OF the shade of
Suc power given in the Federal Constitution the eY,eJ,-
ency ola National Bank having been more relied
us in the debates before the adop-
uon OF the Federal Constitution was proposed xprcssy
20 ciothe the National Government with power To incor-
porate BANK which proposition rejected This cir
cunsance conceive she most clearly the unconsti
tutionali of National Bank Not to dwell longer on this
part OF our subject cunno. hut perceive there great
displayed BY those who have rcvilcd and
calaninia,cd the President doing that which he ,v;
M au 5c right io do according TO the plain letter of
Jaw uhuer winch he acted, and upon which the House
Representatives. and the people have Sc the broad seal
~ ueir appreciation Il is known to YOU that our severn
heht divided uto three great departments Legislative
executive and Judiciary accodingt 10 the words of the
constitution the executive power is vested in Presi-
dent oil the United States who il denon,;no,n Tho Liz
Executive; who, when he is indicted into Office -
sworn TO support the Constitution and execute the laws
ofCongress. Now we conceive that cor,,ne,, !" ,s
ccssary TO show that the President responsible for the
faithful execution of the laws relation to all the cxccn
ave departments of the government; for if it was moi
'he administration OF the Executive might be as multi
irous as the understandings of the different heads of
e depatmcntsl this Interpretation of constitutional
aSM ce correct and we apprehend it is So then the Pre-
sucnt was right IN dismissng Duane, and has been
ght throughout in regard to his nationa acts
ing the States Bank though the vocabulary of abusive
cPhetS mas Deea exhausted in his condemnation by his
cnenes Wise politicians first doubted The nro,rictv
OF removing the depositcs, at the it was done; but
the subsequent acts of the Bank have convncc1 -,
II not all that udicious in the President 10 do So
ana mat the time chosen could have been more suit
From the whole tenor of abuse that has bco,, no.,
IaVshy heapcd upon the Executive men unnconointcJ
win the acs might readily conclude that there had been
some abuse OF power in the removal of the dcposes bu
~, 10 40 SO was ana Is vested in the
secretary OF the Treasury is manifest from the plain
words OF The Bank charter; for il provided that the II
bahk shall be the deposit Of the public monies nles
cher'otSc dirocted by the Socrclary of The TreaSar,
hcung under the discretion herein given this officer or
ueIs ther removal and not from caprice but for
reasons set forth in detail before Congress which have
been sustained as satisfactory By the immediate Repre-
sentatIycs of the People.
The President has been CHARGED will, se;y;, ,,,o.
INC purse and sword OF the nation, whilst it is known
at ne cannot draw one cent out of the Treasury with
out appropriation by Congress he has been denounced
as yrant charging the powers of the Executive bv
bringing into harmonious action those State Banks that
nave become the fiscal agents of the Government Its
clear had This been the object of the President Inc had
Out 10 throw the weight of his influence into the scn Of
VIC INauohal BANK and his object had been much more
surely securod for this institution under the control
OF one common head, whilst the State Banks are CON
ToIed by the several Legislatures, giving them char
teied cXiStencej and herein, think we perceive
sanitary check TO that political influence which a Ma
uonal Bank might wcld in favor of particular men and
measures calculated TO promote its
tl,o
aency to guard vigilantly against such corporate pov
We have the present Bank entering the poI,ai
arena using all It's power OF persuasion Ingenuity md
oppression to accomplish its ends.-The late John RAN
GoiPh denomnacd ours hard money Constitution: as
uc Jet us love IT. and bring it back TO lis pristine purity
Are there any still doubling the ability our government
70 carry ON ITS fiscal operations without National Bank
r niue longer witness the happy effects Of Jack
son 5 measures And would profit by lessons Of ex-
perencc! we have but to look to Eneland whose Govern
ent Is bankrupt for millions and for The payment Of the
'iest oI whose national debt, large of their
revenue is annually required Feow-citzons are Won
cnvous OF her insolvency then tread her footstcps
nurture the principles of arsocIacy which are went m
chuse themselves into body polite and You but TOO
surely accomplish that purpcsc Sage politicians have
long ago pointed out 10 us thc evils lkclv IN co, i;
the tram OF great National Bank, and events trans
pred have proved the sapencc of their predictions Cu-
sar sad Give nc money, and will find men and the
same sentiment that Cmsar cherished, is still predomi.
nant Were the principles of such institution as the
present w. . Bank, rs pure the vestal virgins the
powers entrusted - them great and dangerous
noed arlstocracy, thus nurlurcd aud fed by govern
ent woud toosoon uProot every vestge democracy
u inc PFaiions and tolls and blooGshed of our fore
fathers, VIII have proved of no lasting avail
whilst those laundering dcnunciatons have been
made against the President for enargng the powers of
Tie Executive, and scattering The Treasury to the four
winds, Congress have been Unayanplv called uuon 10
legislate upon this subject.
nat the currency OF our country was i'm most nm
s'uild STATE was made clear by Calhoun in his spcech
III thc Senate, whilst he proposed its perpetuation b
renewal OF the Bank chartcr-With such in,,nCnee
mched power, as is possessed by that Bank the wheels
Of commerce may be clog red and trade everywhere
Pralyzed-and Tins their cupdity and ambition have
prompted trin more than once to prove u.s. Hitherto
soI mas been below its standard value, and the Bank
Fronting by the circumstance had engaged largely i'm
Its exportaion thus realizing considerable profit To- felf
and Introducing in circulation in its stead lis own ma
persubstuting for circulating medium the shadow,
Tor the substance. To the present Administration vc
arc indebted for the passage of the gold bill by which
goid CONS have been raised 20 their proper value and
the consequence has been importation from abroad
u gold and silver The amount at late date ,bont
twenty milllon5 OF dollars which are finding the vov
INTO the pockets of The people, and becoming SuJsa1-
t part oil our currency; and the proposed measures of
the government being carried out ali the small bant
notes in circulation Will be displaced not by the reprc
sentative OF money, but the MRg Itself; and for almost
al the ordinary transactions of business we shall we
anticipate, have gold and silver circulating medium.
and Of this we iondly dcscry the Accomplishment of
some OF those wise ends, for which our CoDsit1.
Ton was formed. We think that all the divcrsi-
bed interests OF the community viii be guarded and
promoted by this publication of the currency which
VIII &c paced upon more permanent basis for the We
Fcst sciohst cannot hat perceive, that it is the sudden
expansion ana contraction Of the currency that crppa
0nd hiis The prosperity Of the different interests IL all
classes OF society, saving the privileged few who work
lbe engine Tins truth has been abundanty exempli-
fed IN the conduct ofthc IT, = Bank at different timc1
ana is iFes to the recoectons Of the people, many Of