Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-07-06

18th all securities and leave the whole matter TO Inc
Dpnartm.n nj and TO the President believe, Sir tna'
he collectors depose the public moneys IN oanhs'
and have no doubt they will continue to do So II they
shall be called TO pay money 10 the treasurer. Tue
T,e.ou,er will keep that money also in the banks, or
some of them What else can he do with III While we
thus repeal all legal connection with the banks guarded
as that has been, by many provisions tor Inc
securitv of the public money, we are likely to see con-
necI;on renewed without legal sanction authority,
with mn PROVISIONS whatever for security and 10 be ex'
tended us, as far as the Executive Government may
chooss This is the point then, TO which we have no"
arrived in the process Of separating the concerns OF the
Gnvernmen, from the of the banks, and keep
inc the money of the people out of the hands OF cor
porations and individuals.
Mr. Preston said when The Senator from Pennsylva
MIA (Mr Bucianun) introduced bill The other day III re-
Io,on 10 the currency it spoke something like depnr
,ure from the tramnies of party and for doing which
TINT gentleman at least, had his thanks He regretted,
that some common ground had not been devised on when
all parties might have met TO do something tor e RELIEF
of the public, He was anxious to take the whole mat
ter from the vortex of party in which had been wr-
cd The Senator from North Carolina, in some rema ks
the other day, had spoken of party lrumphs in man
ner which would induce us TO suppose that feeling up
pernost in his BOSOM and thus said MIR F., they go on,
waginu war for political aScendancy while the interests
of the country are overlooked He desired gentlemen
10 act in a spirit of compromise and conclatlon and
with the full swell patriotism in their bosoms forget
for moment party strife and party 6ckeTlng anu meet
| on the common altar OF The country
Mr. p then dwet for some time on the common strug'
ole and common effort which had been made by the
osr,y in which he had enlisted as soldier, TO defeat
Executive usurpati0n; and now at the end OF five years
we find ourselves The said about to be driven back to
the nrecse situation in, when The audacous act
or that most reckless Executive seized the revenue ni
the country and placed It under his own control MIR
p said there was no politician that did not rembe, and
the pubc mind was Supplied at the audacily OF that act
| i, ,nli,
We find him Offering reasons tor his conduct ny eihns
us that he did not conceive The public money safe in It's
le pitimate depn,itc and he calls upon to tie his
hands, There Mr. p read from The message OF President
and propose to do that tor Mr. Hartn
Van Buren, what Gen. Jackson with all his holiness
afraid Of to wit: the responsibility Of the control of the
currency; it was saying, in TACT in so many words we
surrender 10 your discretion the Treasury of the
try and constitute you supreme dictator at once.
This was from q spirit of party which would sacrifice
ony Thing so that it might trlumph-a party that was
willing to throw itself upon all desert plions, down
TO Slam, Bang and Co, and Fanny Wright. Look 10
the power that such unlimited discretion would brslow
upon the President In the South they liked hard mo
ppv-and the answer was, "hard money you shall
have To the North ''you want bank paper and bank
uappr you shall have!' And thus they Selling
all they could bring to their aid whether By the
leg to sustain them in their lettering Why did not
gentlemen listen the still small voice Of reason rather
than to passion and rendcp; or, If they would not s
ten 10 that would they take warnings from the pc.
pnlar voice which had been made to ring IN their
on occasions:
MIR Strange briefly replied. He said when he address
ed the Senate Saturday last he hoped he had done
will the matter; but the Senator from South Carolina
had represented him using language which he never
did use and had imputed motives to him which he never
entertained. The Senator haL spoken as though he
were not connected with party party men and yet he
had told that he had entered private soldier III
his party but he (Nr. s. had not yet learned what
bounty he had received. Mir said his party
gagged in glorious struggle and which was right, the
Senator or himself left TO the people to decide u
had not been his habit impule improper motives to
any Senator however widely he might differ from him
as to the best Of administering the Government
for the public good. The party TO which he or. s.
was attached believed The independent Treasury to he
the very best system that could be adopted while on
The other side they maintain that will be rninous
On that question they at ISSUE and The country
would decide AS for charging the party TO which he
was attached of being ready TO sacrifice the interests q"
the country to party trumphs he did not believe there
was man in the community that INDUCED such pur
pose 1t did not characterize the party to which he be-
lanued that party had sought 10 dsconneCt it,
self with The interests of the country for political ag
! rrandispDent.
The Senator from South Carolina had asked why
had not listened TO the STILL small voice OF reason ra
,hpr Of passion and party JUDGE. Where were
they to henri? Certainly not from the other side; from
that quarter they had plenty OF defamation and bitter
nyeclive but moi the voice Of reason. The iavOTne
measure of his party separation nfte Government
from all banks and that had been pursued openly and
| avowedy While, said Mr.. s. We wound give some
mower TO the Executive, do not seek 10 give him all
porcr We desire regulate the Treasury by law and
not by the banks. Let the gentlemen from the other
side propose any measure that they did not seek 10
place the Government at the beck of the banks State or
! limited States and il would meet his hearty concur
renee if he believed i, initiate in favor Of the public
GOOD Mr.. S defended with much zeal the lae aud
prrse nj Presidents, from the aspcsi0ns ,br"~n out
The late President he said, though Of the greatest
men living in The world, nevertheless liable TO er'
ror; and experience had convinced him that neither
State banks or u s.. Bank to be trusted as pubic
depositores for the Treasury of the nation The present
President had all the strength necessary to administer
the Government wisely, and carry it tTiumphan,!y
thrnuph the present crisis He had strength OF head
and strength of heart IN sustain him in the conflict now
w,Ginp between the banks and the people; and MIR s.
said he regretted that the Senator from South Carolina
had descended the OF such newspaper trash as that
of Slam, Bang and Co, and Fanny Wright The
Pesden, of the United States had his high resources
within himself, and the confidence aud the affections OF
the Anerican people, he sought 10 hrow himself on no
one. and certainly would not throw himself upon amy
Wright That gentleman sought only To place the Go
vernnent above the conro Of corporations and thereby
70 make the nalion prosperous and happy hat was 'e
charm ard only magic which he had used to lure the
confidence OF his coun,rymen Mr. 5 protested himself
us ready the Senator, any other man. 10 regulate
the matter by law, but by wholesome law; and where
discretion necessary he greatly preferred Executive
discretion 10 that of the banks
Mr. Preston regretted that catch phrase ct news
paper should ba offensive. and sound unmusca! to
the ear of the Senator Whatever mig be thought OF
those names they represented great and growing prn
cple, which had risen up like mist from noSIons ien
and was curling about the avenue, and had
envelopcd the Capitol of the country.
Mr. Strange responded; when
Mr. Smith of Indiana said had this question been un.
der consideration earlier period of the session he
would have felt justified in OBTAINING the Senate while
he gave his reasons upon it. lie aware, however,
at this period Of the session. he could render his State
and the country greater service by remaining SILENT anc
saving the time he might occupy in discussion to b.
employed in useful action than by any thing he could
say this subjec, This period of the session II was
sreechcs but action that wanted; the session
had arrived at the last week, and much important bus.
ness remained TO he transacted n which his Stale and
the other States of the Union. deeply interested