The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-02-24


o. Congress leVislale on this omeu,o,
interviewer with an the interests Of
the naiion-and 50 70 regusle HE e,renev ~, !, 80
approximate 70 y not altogether accomplish az abso
lutte equality and uniformity throuvbon, NJ
well that which relates 10 hs rece;,,. III 1870
ments OF the Treasury, as that which a ns.sssss \,
carry on the operations Of trade, commerce snd ,sr
features ~
O. And whereas il is not only the duty bu, The ,ioh,
OF the citizens Of Ihis free and happy country 10 al
lberae, and TO express freely their sentiments upon an
measures Of general concern and particularly upon those
having so influential an operation their interests as
the regulation Of the currency:
ms meeting. therefore, under view Of all the cr-
cumsiances ~ which the various interests OF the people
are now placed, canDot withhold their dsapprobston
rom Tue proposition before the Senate usually de-
Illuminated The Sub-treasury bil believing honestly that
ne not yet IN state Of preparation TO receive
anu sa instead Of relieving, cannot fail greatly
10 aggrayate the evils under which The country now
lsbors, Therefore
!, Resolved, That we deprecate the enactment Of
inc Sun-reasnry h INTO law, as seemingly calculated
to furnish the officers asd agerisof ne peopie rim
currency distinct aud separate rom thai d the ysepls
Memsrlees
2 That we deprecate the passage OF the law. for
the reason that, in our opinion would give 10 the fiscal
department OF the United States government an entire
control over the whole specie Of the country
3. That we deprecac the passage Of the bi for the
reason that, whilst in its operation. it wod give the
control over the precious metals the Government
must necessarily fix upon he people degraded cur
rency.
A. That in view, it would greatly reisrd, If not
altogether defeat the resumption Of specie payments,
by The solvent banks OF the country.
That We deprecae the passage Of the bill, because
il increases indefinitely the agents Of the Treasury,
thereby greatly augnentng the dsnger and risk Of the
Treasury Itself being distracted by deaHit,s already
sufficiently numerous.
g. That whilst We lament the condition to which the
banks Of the country have been reduced it is not the
interest Of the people, the business Of The govern
ment TO adopt any measures, which might be calculated
TO impair their future usefulness
4 That view the restoration Of credit to the
banks necessary and essential to the rc-establish
men, Of the active business and general prosperity Of
the country.
That deprecate the passage Of the bill, because
it must result IA the disunion and desfrpeion IF the
grtai Democratic party, which has successfully adj
Innisered the affairs Of the nation for the last forty
years, and place the Government the hands Of others
8. That copy Of the proceedings of this meeting
be transmitted 10 Senators in Congress- with the
request that the may be LAID before that body.
TO- That, in like manner. copy be transmitted to
the Representatives OF this district III Congress
H. That The proceedings Of this meeting be publish
ed in the papers Of this city
GEO. A. COOK, Chairman.
James Crawford, co
James Z. Cummins, )