Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1837-11-27
[. is q violation Of law and dangerous abuse

: ! 1884 which declares that the President, IN
the late executive proceedings in relation to
The public revenue, assumed authority and
power not conferred by the Constitution and
laws, but IN dorosallon Of BOTH" meets the
decided appreciation of this legislature and
we regard The exprnging oil that resolution from
the journals Of the Senate, as an open inlrac-
ton of one of the plainest provisions Ct the
Constitution, and Of most dangerous tendency
3. ReSoiged, That the claim and practice Of
the national executive, which regard all exec
utive officers, and especially those TO whom the
public moneys arc entrusted by law, as the
mere agents of the President, whom he may
on all occasions control and dismiss at his
pleasure, ore inconsistent with The republican
principles OF our institutions, an assumption
Of regal prerogaive, and tend TO the establish
ment Of arbitrary government
A. Resolped, That the circular letter from
the Treasury Department. known as the 'spe-
co circular and issued by direction Of the ex-
ccutve, was not justified by law, inexpcdient
in relation to the currency Of the country, I'M
Just in its operation on different sections OF the
Union, and in violation of the constitutional
rights of the states and the people
s. Rssolped, That the removal Of The public
moneys from the deposit in which the law Of
the land required them TO be kept, and where
they were safe and available at all times, their
IN I'M q nnl nj n
Congress- or conahIe nj porCorm;nc tho duties
of fiscal noents nC Tho Government The encour-
arem, n, 70 ,bom hv ,be odministra,,on IN on.
LARGO ,boir discounts and circulation and H..
crease the ooncr money NJ the countrv tho
| CONTINGENCIES niyon To Tho ,rootior oc or i'm
mense amount of new banking capital by the
states, The unnecessary, unwise, and forced i'm
porlation Of specie from countries 10 which our
own was indebted, and TO which by the oper-
tie refusal IN receive the ordinary circulating
med;nn, tos dros ~ tho ,,ovcrnrnsnt .-cnns,;s
into n snccoss;a, e ,o,s fou,dod IN ',,roronco
ri tho cond;,;on and in,erosts n, tho country
,,hooo ;noni,.hIa -, ,,,aa -, Ja,oo ~,
business opJ eycLon,rcs NJ tho Il; tI;rcnt er,;ons
Of the JTnon creato dis,rus, cn,hnrrass .vcr,
branch or in1nstrv dos,roy tho ,,rosno,;.v IL
thc countrv and nnnrees the l,borirg classes
oC tho con,r,,n;,,, anL ,hat in ,ba n,;oion ar
tbe nconle or ,b;s state ,hcsc ,cts IF tho oo,,
crn,nont bove de.,,,vod the husiress oc the ma.
,,on. and nre tho ;,nn,cd;.,e ,,,,ses of tho do
precia,ed state of orr circulating medium. md
O: the universal d.,rcss Of the communtv.
6. Resoiped THAI Tho recent nct or Con
sress, founded on the recommendation of the
President, which withholds from the states
nine millions of dollars. which had been pledo. |
ed TO them, disappointed the inst expectation |
of the states, and was an unjust and unnccessa.
ry violation of faith, leading TO consequences
injurious to the states and the people.
Z. RESOLVED, That the issue of Ten millions
of Treasury drafts 10 enable the government
to meet the expenses of its administration. is
evidence of a wanton waste of the abundant
avenues and resources Of lhe nation, an unne.
cessay addition 10 the paper money of the
country, and violation Of the professions and
promises which have been made 10 the people.
8. Resolved, That this legislature look with
alarm 10 the measures proposed and urged by
the present National Executive, and in the
name, and on the behalf of the people of this
state, do most earnestly and socmny protest
against
list. The adoption of what is usually called
the sub. treasury scheme whereby all The pub +
lie treasure will be in the hands oil the Office
Of the government 10 be kept and disbursed
by them, AiIl be unsafe, may be used for Marty
and corrupt purposes, and will augment the
Executive power TO dangerous cAteni, mas
much as the control OF The whole treasure of
the nation, will, by the power of appointment
and removal be in The hands of the executive
alone.
I'd. The establishment OF the principle and
practice of compelling all dues TO the govern.
ment and all debts from the government TO be
paid in specie alone, because il will enable the .
government 10 obtain possession OF a large pto. ,
portion OF the specie Of the country, and there
by con troll at pleasure and DESTROY the circulo |
ting medium, created BY the siares: and il also
establishes most odious distinction between
the people and those who hold public Office. in.
asmuch as the latter will receive for their sala.
res, and in payment for their services, gold and
silver, while the labor Of the people must be
paid for in less valuable paper, which the CON-
duct of the government. viii more md more
deprcciate and render orlhlcss.
Sd. The passage Of special bankrupt law
applicable TO The Stale Banks, because it VIC
lales the constitution of the United Statos is