The Arkansas advocate., 1835-03-20

which, as Iids DSeh ototSS' t HWY nus aii- 1;m;ted control, and through them, over the entre banking system of the. country.- W;ih banking system from Maine to Lou ;s;ana from the Atlantic to the utmost Vest: consisting of not less than five or six hundred banks struggling among them salves for existence and gain; with an i'm mense public fund, under the control of .he Executive, to be deposited in whatever hanks he may favor, or to be withdrawn at f;;s ,easi,za; it is impossible for Ingenuity to devise any scheme better calculated to convert the surplus reyenne into most potent engine of power and influence :isiti. aid t tnay be added, of peculation, speculation, corruption and fraud. The first and most decisive step against this danger, Is that already proposed. of distributing the reve- nus among the States, which will prevent is growing accumulation in the banks; and with t the corresponding increase of =Elxee- iitive power and influence oyer the bank ing system. In addition, your committee have reported bill to charge the deposite banks at the rate of per cent per annun, for the use of the public funds. to be caleu- lated on the average monthly deposites to prohibit transfers, except for the purpose of disbursements and to prevent the re- fnoyal of the public funds from the hanks ill which they are now, or may hereafter be deposited, without the consent of Con- gress, except as IS provided in tho bill.- The object Of the bill IS to secure to the Government an equivalent for the use of dc xaet influence lQfldent on transfer warrants, and topIaee the deposite banks. as far as 1t may be practicable, beyond the control of the Executive.
 h addition to those measures there arc, dou5tless many others, connected with the Customs. Indian Affairs, Pubic Lands, Army, Navy and other branches of the ad- mglstraton, into which 1t Is feared, there has srhpt many abuses, which have un- nes increased the expenditures and te aa5aser of persons employed, 5iida 5iiida with with thea. Fhe Executive patronage; but to re- sfor s'hioh would require more minute n iganon into the general sAte of the ad tsIfaiion, than your committee can at p bestow. Should the measure which th Bap7 recommended, receive the sane tso Congress they feel a strong con-. ne a tbat they will greatly facilitate tbe wol eaef5.ing accountability, retrench- neAf economy, through every branch of E in1iaistration, and thereby reduce the mage of inc Executive 10 those safe economical limits, Which is neees- ;. saF} U complete restoration of fhe egpliifFiisFn of the system, now so danger 0fB disturbed. Your committee are deeais impressed with tie necessity Of conalencing early, and of carrying through b its fail and final completion, this great work of reform.
 The disease IS daily becoming more ag- grayated and dangerous, and, if 1t be per mited te progress for few years longer, Mih tic rap!dity with which 1t has of late advanced, if will soon pass beyond the reach of remedy. This is no party ques- ion Every lover of his country, and of lis institutions, be bis party what it may, . must See and eePlore the rapid growth of patronage, with all it's attending evils, and The efiain catastrophe which awaits its fur lheF pfagress, if not timely arrested. The eaestaa aow IS not how, or where, or with "lon the danger originated. but how t is pe srresied--not the cause, but the renl- edY nor how cur Institutions and liberty aa9e been endangered, but how they are 10 ne rescued. :,
 A.r Calhoun, from the Select Commit zee appointed on the subject of Executive faaAaaga reported the following resolu- uqa smch was read and passed to sec ond reading
 @esoi1tion pf posing an amendment to the Constitution of the United States, provi- t'ns for distribution of the surplus rev enues afaesie the several States and Ter fifoass, u1tii the year eighteen hundred and forSy-ihfee.
 n Resotred, by tlse seaolA and House of Representatives. of the Unified statcs q lGmsrsea, 70 Congress assembled, tpeo thirds 7 po'h Houses eoncurriag, That the fol- ,uwias amendment to the Constitution of %7 onlied States, to be proposed to the legislatures of the several States, which, "ush fatilled by three fourths of said Le- eN'safes, shall be valid to all intents and purposes, IS part of the Constitution - r.r 'ioiey ieiiiaiiiiiig III tile AiSdsr ny as f'ie end of each year til the first oi, Ss' ossnuary, eighteen hundred and fofty-three.
 a'9s s, aedacting therefrom inc sum of
 aul'afs' saa be annually distributed among .a .ae several States and Territories, including
 @e olssnet of Columbia, and that for this
 haa'pose'' sa the sum to be annually distribu-
 mus'ali De divided into number of shares
 squa' 10 tue number of Senators and Rep
 ,wse'l'a'lyes s,;S n Congress for the time being,
 saa s,ai 'ae addition of two for each Territory
 , S,'u two tor the District of Columbia, and