Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-07-03
ISLE OF WiGuT-in our next.
FUR 7 Ut. L-f VIIHEI1
FEDERAL FINANCES.

ders indscrelion. If he will take Impartial view
Of Gen. Jacksons course, he will find that Cen J., al
though firm and decided his course, had an eye to the
popular will, and in several matters so regulated his
course ,Arnonze great conflicting public interests;
and evinclng That while lie firm, he was Discreet,
and did endeavur carry Executive measures when
the consequences would be injurious TO the best inter
csts Of the country and the stability of the Union lie
neral Jackson in favor OF protective tariff and 50
declared himself while he candidate for the fre-
sdency. But when lie that very large pr"Por-
ton Of the people of the United States deemed It
njudCious and oppressive, in his Message IN 49,
he recommended to Congress abandonment OF that
measure; and if the celebrated compromise had not
taken place, 1t is well known that Congress would have
passed that would have been efficient pos
lrang that policy than the law lha; enacted Dnt
in that spirit of compromise and concession which has
characterized all patriots and statesmen, he signed the
compromise act. winch allayed public excitement and
gave general satisfaction to the country. When he IS
sued his Proclamation, containing doctrines which by
many thought 10 be contrary sound Republican
principles and lie had time calmly to review it, he gave
such explanations evnced that he not disposed,
by his acts 10 do any thing calculated TO give sanction
to principles irimca 10 sound Republican doctrines
THIS liberal md nlgnanlmnus Course Is characteristic
Of Il mind superior TO party strife and prejudice The
President is elected by the people, and much bound
TO respect the indications Of popular sentiment any
other agent oil the Government The frequency OF our
elections for delegates to the State Legislatures and
members of Congress- is generally indication OF
the wishes Of the people, regards the measures OF
the General Government affecting every interest Of all
the portions Of the community When there 80 sufcient
time for due examination Of such measures, and they
have been well dis~!ssed and large moj9ry deem
them unwisc and mpoliric it must be inldicious to
press them with all the influence aud patronage which
the Executive WELD. 1t is the power the popular
branch Of the Government in Great BrItnn has always
exercised that has gwen stability and prosperity 10 that
mighty nation Here the Ministry stand fall by the
votes in the House Of Commons The unaded and
powerful eIoquence Of Pitt, backed by the PEG.
pie of Great Britain overturned the strongest Mi.
nislry that ever swayed the deslinr5 OF that cnun
! try. The King dissolve the Parliament and
! appeal TO the people; but when the people sustain
the popular branch Of the Government IN It's course,
| he must yield, or revolution would be the lmevl.
table consequences This has been done; aad the period
Necessary do this and be assured of the will OF The
nation Is short one Here If President disregard The
indications Of public sentiment, being IN office tor tour
years what be the condition Of the Government
lie persist endravorng carry his vore schemes:
Embarrassment dscnrd and high political excitement
must be the inevitable consequence. lie may be defeated
al the end nf his term, but IN the mranne The pubic
interest may suffer- and party strife aad discomfort per-
| wade the Union.
House Of Representatives Ii pressed IN the Senate
frstle body most Tcmnved from the people, and who
can be reached only by instruction from Inc Sale Ie
risaiures With whom has II orr G&trC: by whom has
Il been pressed with zeal unsurpassed IN The exercise
c Executive Gsceiior One of the Senators who voted
for tbs measure has been siGnGiy rrbukrG by his own
State and discarded Others would be, Ethe period "r
their re- election had arrived; INT still the cry Is kept up
SHE Government must he divorced from the Bank.
When the Banks are r:gh:ing tlcmselvrs-wh"n the
States from necessity crushing them, and taught BY
experience for their own good. VIII reform the system
when healthy action IN trade and commerce Is return
iinr-wh.n Bank notes mag b" converted into specie
why this partisan warfare: Is 1t to save the men who
have ialnlouy staked their political existence on this
measure? IL the public interest 10 be sacrificed Tor pol"
teal udiscrclun' Are the purse aud The sword 10 he
a., Of thac NJ u,,Ivpr
10 save those vino have rnpardsd their political existence
in blind Difference 10 The opinions and views Of topI'
an scheIners!
The measure has been rejec:ed-bu, forcwarn hose
with whom have ncled. with whom agree IN ni'hnst
all other matters OF public policy. that II viii be ndis
Greet revive it. lfIi had passed w"nd MT, unhrf
tie existing Of the moici affairs vi our cnHntr!,
have lasted longer than an opportunity to repeal II 81"
be afforded to the people. The voters IN 1888 ara -
would have shown ,hp friends q! thu measure" that they
will no, pIncr the revenues Of the Government IN the
hands Of men vino spring into official existence By the
nomination Of The President. and may be blown out Of
existence by The breath Of his n"ss.
Iri i, moi be rrar,ed hy the friends Of this measure,
that il is Bank influence that operates on the great b"o
Of The people this snh-c II ~ well grounded DIS
trust Of the influence it will give to the ESrcnTe-lti Is
firm belief that the Sub Treasury will waste the pub
lie funds and when they are wanting they cannot be
had Look To- what has happened under the system 81
FAR rs has been tried. See tie long list ct GraGrrs
Virginajsa ransit. What influence have The Banks n
Not vDleT III lilnSfll, IIDOiOIl
lhinr to do with Banks How have the elections IN 'r
guia rnne this Spring. The system has been agita,ed
unr before epc,iams-see The returns iou say lha
hrre re than forty five III lis favor out "' loo
Has Bank influence operated here ne people arc 10"
vel Influenced by any selfish moiiveslhsy VIII make
any sacrifice for the public good that patriotism REG r's
The honor and perpeiuily OF the G"vernnPnt That cost
the treasure and blood and toll of their ancestors the
ruling motive Of action; and they spurn with holy 10
dignalion any asperslon cast on The course they thA
II
VIZ p-ay therefore, that under th'sc circumstances
the measure may not be revived. Mr.. buchanan, IN
deed confcssrs in his manly speech OF June 2'ti, on
submitting hla substitute nt prcia Opposite III
nl,ce or MI, Webers Proposition. that this Sub ren
ury bill cor any other similar bill Will not become Ia "
during the existence Of the present Congress which VIII
mol spre until the fourth Of March next The subject
is therefore, necessarily postponed, until The meeting OF
e ne1k C0nGrcSS which will not take place unlii De-
cpmbrr lc3y"-l thank him for this dcca'aiIon ltsa
true as il is Ingenious This ques ION, then vi" not DC
revived at the session. We shall then have Orea'h
ing time. We shall rest upon our oars we snail no
onIy have Time To try the ece OF wise and modified
employ neut of the State banks, but we shall have 'n
Their and more decisive opportunity OF Consulting the
wishes Of the People, ii they choose to declare them
If that will shall declare for The Sub feas"ry system
for one will Weld my objections with The best grace "
the world Ba, | trust al the same time that M false
issue snail be made; and that no such test Will De ap
piled a, the coming Fall and Spring elections The IN
sidous Wings doubt will be anxious 10 make spci
an issue for one protest aGains; It. wish The renG
of the Administration to elect their candidates on The
true cround-viz opposition 10 Henry Clay and nm o
posi,ion to National Bank That the true lssue--ahe
| will not consent to have any other Palmed upon us.
/ have oup NOR. remark 10 make and have done =
TIN Sub Treasury bill being rejected become. the duty
of Congress, bme AeyadOnrn 10 furnish u' win sno
s,i,u,e Modify the act OF June 1886 Relieve The oanks
from the pennIlirs it throws upon lhenlD"t save "
from The old Peisys,en again lhTo" r'stric',o"s
TIE use Of the Stale banss-Prsvent iheIr dsc""h'he
on the public funds Give us wise SPeca' DeP"slt
system This is the hes, and wisest Substitute. l an
not sufficiently acquainted with Mr. Mr,g"'
An utterly opposed to ever again returning to the usf
Of State banks as general repositories sh't
consent, that the money Of the Government may DC Gu"
yleqsd in the business Of banhtng. -orrupor