Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1837-10-03

a.
'wcrr,'iy p1fpoHc scir,d ~ The Bsnk 81 u. Tau,
stAirsi wy
For one, he never thought hat sale bauS. eo.l,
ne veil - fiscal agents Of the government a. n, hsI
of the l but hc Thought the objections e. thai =,
tional institution Werv insopcfshle, that "a a.
whole be was IN favor of the state bank deposit, a.,
ten That system wac the system Of the sd,nint,,
ton ard he entered upon high uiogum II m, -.
duct of state banks 10 hscAl agents and tho h,,..
that had flowed FROM them,
lie spoke of what had been called tho failure efn.
state bank experiment and rad the iapt. arose her
the warfare that hsd been carried on again.t the b,,r
ing institutions Of the country.
lie spoke ~ the issuing of The Treasury .peee cha
lar part oi the ruthis. warfare against n. eo,l
denec OF the community IN banks and declared thu
the viii ~ the legislative department vt the auy,,
mcnt had prevailed on that subject confidence w
have been restored The people looked 10 the r,s,m
ing Of the eircuorthcy looked 10 the revenue bi0,
the measure Of rcliei
Mr. Tallmodge trpellcd the chotgcs Of p-thdy tr,,l
.r,. sc which hid been brcurh, against tie t,s,,
The whole commercial community OF New Noh .i,.
parties, was IN favor oi the suspension Of specie IA,
ncuis when II did take place Tho run Of ON bois,,
them alarmed thc dcpositrtstnd the want OF .etf
d~nc" among the depos.t'rs produced the .l,pen,ss
He referred 10 the appreciation by The people
legislature Ct the state, OF the act
lie spoke the depnsitc act OF June, ls,7 araf,
tered upon defence his coursc, and Of ,s Prov.
ions lie said he would iotbcar L. refer to the n,np,
IN which the provisions of that bill had been carried m
To execution though lac had his opinions on Inv ,,,
.
ent mlhnef IT would have produced ncolsnluhI, Ter,
hts to tie whole country, Instead Of dom, m,-leib
portion oft
lie declared the term divorce between bank A..
state t. be- a catch phrase originally got up IN p5A
clans, to dulude aud nsgodc the people. m. IVA.
of thoss who have adopted IL have done without ot
hclcnt consideration, He objected 10 the use of ,ue,
term by men pretending 10 judsm"nt aud d.ct,lot
lie thought this sub treasury scheme fruur'i
Wh more mischief than any system that had ever W.
pr posed You cstablishirga "btttrr curtcust
f0I the utiice-holers and "bls currency Tor u
people. The paper currency, payable IN specie on d
inani, viii ever be the currency OF the country b.
by your schemes you 'soletc The government from J,
pcopl"you increase the salaries ot Your public sicr
from 10 To u per cent You deprive the pco?c 10 ID,
mean time, too, of any adequate currency
MIR !. then portrayed with remarkable pGWrt ls
ELECTS upon the commercial prosperity which would
he produced by this measure and declared that 10
doubted not some Of those who now support II vi,
come hereafter 10 ask the government 10 rlc tie pro
pie from that depth of ruin and peTdtion into WhrL
they Will be plunged lay the scheme IT, tnd that No
tendency OF tis scheme was 81 brug hc county bach
10 an exclusively metallic currency, nnb ILLUSTRATED
tins point nj considerable length lie declared mot
over that even II it should be attempted e. be
cut, !; would be found utterly impracucOble aud ia
were possible to carry 1t into effect it would dpsHl
the comm"rcn community in every sta,s.
Mr. Benton gave a signal ofdisscnt
re senator shmkcs his head, slid Mr. 7 u
may w,. m, 'aas but let him confne j, 10 hi. hon,
team be-" ' erc and fl. his ,Ha l.von! uses s rroer
Ina, he shall bring his machine to * i"d 90! ea'''.
mnu at both ends
Nr r entered no FUN exposition Of the ,n,e,
which would inevitably flow from IL. and conclude.
with Il powerful defence Ol the banking and
cisl interests Of the country, which have been hnss
by administration members in the course Of Ia. se
bate
Mr. Strange ia now replying to Mr. 1hlmadgr,
Huusr.--Ailer the morning hour. which was dr
ted 10 the reception IF memorials and petitions tue"
solution for inquiry the Florida wnr was token 49,
but decision was come 20 hen the hour sif,',-
lpr going to the orlrrs OF the day.
INT. OPPOSITE BW
The committee of the whole resumed the cons DOE
ton Of the bill, and Mr. Shepherd Of y C. aud NJ b.
ley Of n opposed It's passage.
s,rrgn,,, Sept 2
SiNATEA message WAS received from th. Tr...
- ~, Siat's, '"c''s'hg 'rP'f, from y" 1''
relry oi Waf--whch was ordered 10 lie on u' h'e,
and he printed
Mr. Cuhoun presented petition iro,n tho tti,m
:" Mobile, praying the establishment, Of Ni,ol'
Nr Swift presented two memorials from ci,i,eu q
Vermont, re nOnS,raiing against the OF T
Sal. Treasury Sys'sm.
The Senate then took u D. IN committee OF the vhols
the bill imposing additional duties on certain Offices
RS ddposi'Ories IN certain cuses Dir Calhoun amend
/ nleHi being unter consideration
Mr. King OF C-or2G, address the Senate for up
I
ponemen Of the whole subject until the session
lie was followed by Mcssrs Slrhns,, Niles, CAIhoA
| Upton and Rves when
Ga motion OF Mr. Clay, the Senate adjourned.
iiorsr Petition. and memorials were presented 10
! the order Of the States aud Territories.
On motion of MIR Haynes, the house resolved On tnd
after Monday next, to meet nj ten O'Clock.
The morning was wasted, ~ usual on Mr. Wis,
| seminole war resolution, and the various msy'
winch he has contrived TO introduce Into ia. deb'
upon H. Mr. w. occupied the time by reviewing az
ianding hls own course in Congress, and maL7.
sweeping charges Of corruption against the Rovsp
nent. The celebrated committee Of invests gsioo Of
last winter of which Messs Wise and Peyi1a sde
members, had been alluded TO and the concls, q q
the debate this subject is thus reported for the
Courier aud Enquirer
Mr. w then referred 10 some remarks Of Nr Che
son made Yesterday, bat 10 which he (ir WISE vi"
not allowed to reply in consequence Of the house pro
ceedng 10 the order of the day Ths, gentleman h's
said, that the scenes which had occurred IN the cor
miltce room were dirgracefu t. the eommltte d'
graceful to the house, and dsgracrful % the eounu
hey did not ~ appear in tn" morning papers o.
such were the words lie (Nr W agreed IN the 2"
erH remark TINT they were ~ lie had taken none
lhis general remark TO himself, INTENDED 70 y
personally applicable 10 hnnsef hs absent men
II 1t was 50, II II clear that II was niendsS-
It was Intended 10 say that he or hs friend were wv
authors of those disgraoes committed ,ihei o.
these committees, he would say 10 him who uty's.
the word, IN his foul throat lac lies. This was oil |"
had 10 say.