Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1837-09-28
SENATOR KING, OF GEORGIA.

n. y. Commercial Advertiser, that Mr.. Ning, q
of Georgia, made speech on the Sub-Trea- l.
sury bill, in the Senate OH Saturday, which I
was considered, in every respect, one of the
best ,ha. has been heard in Congress for I
years. lie has heretofore been warm sup
porter of the adminis,raton-and his speech /:
is calculated to produce great effect IN his
own State and throughout the southern coun-
try, the mctcors of Mr.. Calhoun to the con-
trary, Notwithstanding
Mr.. King wished to postpone the conslde-
ration of the whole subject until the regular
session. That begins in December; ana nc
made. a motion to that effect. The state
bank system is no favofte with him; and the
arguments adduced by the advocates OF the
sub-Treasury scheme have frightened hun
from giving his aid and influence to the es.
tab!ishment of that PROJECT lie contendea
that the state bank experiment was failure
from the tirst-it never succeeded IN Tue
smallest degree; and (nakng different ap-
plica,ion of the terms lately used in the let
ters which General Jackson thnndered from
the Ilermitage,) he declared that never were
more perfdy, treachery, and fraud exhioiteo
N the history Of the world, than were exef-
!, cised to recommend this system to the people.
I lie proved these charges by n"moeress
citations of well ascertaincd facts ;-and
showed that the whole system tended only 10
benefit the wealthy capitalist and shrewd
specuator; and that their profits were wrung
from the hard earnings of the people. lie
compared the conduct Of the anti-bank men
of 1894 to some great temperance apostle,
who would break up one large and respecta-
BILE grocery in Chestnut street and establish
: in its place five hundred little grog shops
: He said that even those who denied that the
state bank system had failed, must admit that
j. those institutions had hard time under the
J. auspices of their executive patron. lie SIN,
D. cclely believed that if ,he late President had
= kept his hands Off he had not been con-
!, tinualiy screwing them into conformity WIN
&c his extraordinary financial notions, uey
=. =. would have done much better. But lie man,
~ tanned that they never would have answered.
~ the purpose of fiscal agents perfectly.
p Mr. Kinc commented with great severity
~ upon the statements, doctrines and reasoning
Is of the Presidents message. lie SAID he was
~ never more astonished at any thing, than lhe
- statement of the causes of our exIstlng EN-
VI barrassments and dstrcsses by President var
% Buren. Their is not (said he,) one solitar!
fact among those stated in the message, a.
u' the basis of eXempting the government IRON
IA blame. which is true! He did not, OF course
VI speak thus Extensively; but he ma'n'aine'
"e that the President had not taken pains 10 III
;.,' form himself Of the facts. ole seems sa
' ,.n MIR. K.,) to have gathered his notions aoou
ne these causes from stump speeches. newsPa
.' pers, and quack. politicians, and scraps OF ue
''' fa,nution extracted from the correspondents
nm the other side of the Atlantic, that too
uloca in tho course of contest between til
Bank Of England for monopoly, ana u'e pr
%" yincial banks for exstepce."
tier Mr. KING condemned the whole hnanci
twol nolcv Of the admnstratlon-the WARFARE
the Rank of the United States esPeclaily.-
-" lie denied that that institution had ever
me- tnrGcrcd with the politics ofthe nation, IN az
r, if way whatever, and he challenged oeha'o
=, D., In ibe proof. In connection with tins toP'
he roferred to n remark of Mr.. Calhoun, {
'e' Monday last, that he would never consent
give employment to the Bank OF the oh'.'
States OF Pennsylvania, as the hscai aSeh'
the roverrmcnt-because that wo"'o oe
rga triumph over the government. MS PaSs'
Oct lin Mr.. Kings speech was one oi hem"'",
OH eoquence and beauty, and Proauceu SUI
sensation in the chamber, that II was w
on d;r;cultv many of the auditors repressed tn
9th sentiments from bursting out in loud expr'
TIL sions of admiration and applause.
.L lie said he was astounded and shockeu
the remark. "WhO is the government!
exclaimed. 81 thought Congress was one
at leost. If the representatives OF the Peo
ues- determine to make that bank the i'sca' "s
nted of the government, how is 1t triumph
SOCK the Government? Are the people not =,
lille governors? What government docs inc .
.u.. ator refer to? That of the Hermitage, or
a"ey at the white house? And is 1t possible,
,ster, thocnuse of an apprehension that the meas
rovi- would be regarded as triumph over ."e
, tho mates of either Of those mansions, 'he oe'
lof the United States are told mat they on y
'"'' not to employ a particular institutions:
hlood of rs must evaporate before such q
,r;nes can be tolerated" Sir, he exc'a't
the IN tones that came from the heart, "more
king hairs have grown upon our repuohc VII
oGer- the last four years, than ought 10 hu'e
pearcd there for century"
oun- Mr.. King, in conclusion, deelareo '"a'
Of its had found it necessary to take ms OF
NJ. aoains, this progressive march OF EAeIu 6,
VA n,wer and patronage. in regard to the III
VS. ces of the nation. The hnahces' ne '"
prcsi. ,oined. ought to be submitted to the Leg
IS. the Iture-and that it became the Exec"'N
,en,lv consult and follow, not to lead. No cou
,boy comld live under Executive financiernS !:
asan. ;f in this matter, said Mr.. X, the present
,thing ccutve should ueao J" vie 80 nse INV
tenn, predecessor, pledge myself 10 use my
ssary endeavors to jostle him out.
q emf The Mechanics Fair at Fanleul Hall,
...G, ,r.,,l hoe heen visited during