Iowa news. [volume] (Dubuque, Upper Mississippi Lead Mines, Wisconsin Territory) 1837-1841, 1838-03-03
PuBLlc---No. s.

AN ACT making an appropriation for the
protection Of the northern frontier of the
United States.
Be it enacted by the Senate and House of Re
presentafipes Of the United States of ameriea, in
Congress assembled, That the sum of six hun
dred and twenty-five thousand FIVE hundred
dollars shall be, and the same is hereby, APP
propriated, out of any nnappropriated money
IN the Treasury, TO detray any expenses which
have or may be incurred in protecting the
northern frontier of the United States, by call
ing out. under the direction Of the President
OF the United State, any part Of the militia or
volunteers, according to the provisions Of the
Constitution and laws; which sum, if rc1ui-
red, shall be expended under the direction of
the Secretary Of War, comfortably 10 the pro-
visions Of the act Of Congress Of January Sc.
cond, seventeen hundred and rinety-hve; Of
the act Of April fifth, eighteen hundred and
thlrty-two, making appropriations for the sup
port Of the army; and of the act of March nine
teenlh, eighteen hundred and thirty-six, pro-
vidine for the payment Of volunteers and mill
tia corps in the service Of the United States.
APPROVED, January 3Oih, 1888.
INDEPENDENT TRgAsuRy.--.Mr Wright open
ed the discussion to-day on the bill providing
for the custody Of the public money, reported
by him from the finance committee. In con-
else, clear, and very happiI y-conceived argu-
ment, he illuminated every poinl which tho
opposition have endeavored 10 involve in obscu-
rity and difficulty. He left no candid mind in
doubt as TO the proprie,y Of the design---the
simplicity of the Planets legitimacy as the
true offspring of our political institutions, de-
prived OF It's brlhright by the bastard system
through which the individual first put in charge
of the Treasury con,rivcd to supplant it. Mr..
Wright opened his speech by showing that
Treasury, though essential to the objects---the
common defence and general weltare---pro-
claimed as the origin Of our Government, had
never yet had ''a local habitation'' in il. The
truth is, that the hank and funding system, by
which General Hamilton sought to overshad.
ow the popular sovereignty, and introduce that
of moneyed arstocracy, as in Eng land, tri-
unphed at the threshold over both the spirit
and forms Of the Constitution which he oppo-
sed in Convention, and sought TO destroy in
its administration. lie was but too successful
in his efforts; and hence the difficulty which
the people have encountered continually, in
their attempts TO extricate the Government
from bank subsection, with which from the be-
ginning it has been oppressed, as we some
times see the oak by the poisonous, parasitical
vines which drink the sap from its trunk, and
cover and bow down its top with foliage not
its own.
Mr.. Wright closed his opening speech by
referring to the true issue before the country.
He said it was between Treasury indepen-
dent of all banks. ora National Bank In lieu
ola Treasury. In proof ofihis. he pointed to
the state Of parties on this subject 10 the two
Houses. evidencing, as they certainly did. The
actual contest in the country. Mr.. Wright did
not weigh the third party, Gas il is sometimes
called,) which would recur 10 the State bank
system, against either Of the others. In the
body which he addressed, it was unnecessary.
But to the country we will say, that there are
not ten men in both branches Of Congress sim
ccrely inclined to adopt the state bank system.
Some talk of it, who would merely try anoth-
er experiment, that another failure might JUS
tify them in re-es,ablishing national bank.
Globe.