The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1838-04-13

Aid an. whole system, during the forty years OF
Il. .,i.t.ocs. mose and work And on the two
unfortunate occasions of its csasing 10 exist, how
quickly did the business and transactions OF the
country run int Wild disorder and utter cen:u-
sicn
Hithsrts. / have considered this new project ss
il il. according TO its true nature and character,
and what it must inevitably become. l have not
examined il as il is nsl but its friends would re-
pressnt II to be. They hol6 the idea that II IL a
simple scntrivancs to collect, TO keep and TO dis
burss the public In that view OF II, eve
~ consideration Of safety and security recon-
nsnds the agency of responsible corporations,
ysthsr than the employment of particular Indlsid.
usls. Ii has bssn shown, during the course OF
this debate, that the amount vaich has been lost
BY the defalca,on OF individuals has exceeded three
or four times tbs amount OF all that has been lo'
BY the local banks. although the sums confdsd 10
the care Of individuals have not been probably QUE
tenth part Of the amount that has been III the Gus
tody Of the local banks. And we all know that,
during the forty years of the existence OF the BANK
Of the Unilsd States not one cent was lost OF Tie
public revenue.
| have been curious, Mr.. President. to know
wheace this idea Of receivers general was derived.
1t has been supposed TO have been borrowed from
France. |, required al! the power Of that most
extraordinary uan that ever lived. Napoleon b.
to di.pacs the farmers general, and to substitute
in their place the receivers general The new
system requires, | think | have heard II stated,
something like LOG. 900 employers TO have IL exc
cu,sd. And notwithstanding the modesty OF the
infant promises of this nee project, | nave no
doub. that ultimately we shall have to saploy
number Of persons experimenting 10 that which
is retained in France. That al undoubtedly be
the case whenever We shall revive the sy stem Of
L ~ led
them to the system vas. that \ poieon FIRST and
then the Bourbons sfterW ards, was pleased "iih
the immense patronage which il gave them. They
liked to have 100000 dope ndants 10 add strength
TO the throne, which had been constructed or re-
ascendsd. thought, however, that the learned
chairman of the Committee OF Finance must have
had some other besides the French model for
his receivers gener and, accordingly, upon look
ing into Smiths history of his own State, found
that, when 1t was yet colony, seine century and
q halt ago, and hen lis present noble capital STU
retained the name OF Nes Anstei dam, the histo-
rian says: Among The principal laws enacted al
this session, may mention that for establishing
the revenue, which was drawn into precedent
The sums raised by II we're payable into the hands
Of recsiysrs general, and issued by ths Governor
warrant By this means the Governor became for
season, indie pendent Of the people, and hence we
fad frequent instances Of The Assemblies contend
ing With him for the discharge of debts ts private
persons, contracted the faith OF the Govern
ment" Tile then Governor OF the colony was
man of great violsnos Of temper. and arbitrary in
his conduct. How the Sub Treasury system s
that day operated, the same historian informs Us
10 subsequent part Of bis work. "Ths revenue,
he says, abshed the last year. was at this SEES
soa continued FIVE years longer Than was orIgi
rsIly intended This was rendering the Cover
nor independent Of the people For, at tina! DAY
ths Assembly had no treasure, but the amount o
all taxes went Of course, into the hands of the re
ceivsr general. who was appointed BY the Crown
Gu, of this fund, moneys gere only Issusble b,
the Governors warrant that every officer 10 the
Government, from Mr.. BIai.hwaiIh, y ho drew an
nusIiy FIVE per cent out Of The revenue, auditor
general, doa to the ueanest servant Of the pub
lie, became dependant, solely On the Governor
And hence we find the House. at the close Of eve
~ session, humbIy addressing hIs EIcellency for
the triflng wages Of their own clerk" And, Mr..
President, II this measure should unhappily pass,
the day may come when the Senate of the United
States xill have humbly 10 implore some future
President Of the United States to grant ii none,
ts pay the wages OF lis own sergeant-el-aruls and
coerkeeper.
Who. Mr.. President, are the most CONSPICUOUS o.
those ~ho perseyerngly press this ball upon Con
gress and the American People? Its drawer Is
the disting uished gentleman in the white HOUSE
not far off; lis sndSrser is the distinguished Sena
tor from South Carolina, here present. What The
drawer Ihiaks Of the endotser, his cautious re
serve and siled enmity prevent Us from knowing
Bu, the fankness Of the endorser has not left Vi
10 the same ignorance with respect to bis oPinlor
of the drawer. lie has often expressed 1t upon
the floor of the Senate. On an occasion not very
distant, denying to hin any Of the nobler qualities
of the royai beast Of the forest, be attributed 4
= kal,. ttsa ftu
skalking. and one Of the msanest Of the qusdrupeC
tribe. Mr.. President. Il is due TO myself to say
that do not altogether share Sith the Senate
from South Csrolias in this oplniDn Of the Press
deHt Of the United States. | have always tnunt
him, 10 biz manner and department., civil
courteous and gentlemanly; and he dIspenses, ii
the noble mansion which he now occupies, on
worthy the residence Of the Chief VI gisirste q
great People, general aud liberal hospitality
An acuusintancs with hnG Of more than lwent,
years duration has inspired inc nth respect fo
the mas, although, roget to say, | detsst Ih'
Magistrate
The eloquent Senator from South Carolina ha,
intlmstsd that the course Of my friends and mysei
in sppDsug this bill. unpatrio,ic, and that NJ
ought 30 have fuea eJ 10 his lead and IN lat,
letter OF his he has spoken OF bis alliance, wltl
and Of bis motives for quitting II. ! cannot ad
mil the justice Of his reproacb. We united a. in
deed there any alliance N the case, TO RESTRAIN
the enormous expansion Of Executive power; L
arrest the progress OF corruption 10 rebuke usur
patton and TO drive the Goths and Vandal. Iroa
the capital; N eTpe BfeBnus and his horde frsH
Rome who, when be threw hi. sword into To,
scale, 10 augment the ransom demanded from tn
mistress Of he world showed his preference 70
gold that he was hard. money chic tain. ]
was b. the much Gsfe valuable metal of iron tina
he vas driven from her gates. Ard hSw ofe'
have se witnessed the Senator from South Caro-
lima, with wofai cguntenspce and in deslui strains