Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-02-27
Quoting The fiscal affairs of the cotn'y aud con''oeg

Pm, This bill does away with all legal md political IDEAS
end brings this important depart Hent Gown Ia ''s "
,,cks and mortar II enuc,s thai certain rooms III tic
n. ~ buiup with their safes and vaults, sbali co,S'
tute the Treasury Of the U. States! And THIS aanP.o
of new and strange nUlinns and THIS u "
old ideus is all for the purpose OF ACCOMPLISHING m E"
o;-c, of separating The affairs of the Government ir"
the affairs of The Country. The nature oi the menus
shows the nature o! he object; both are novel s''a"s
hurried and unhcard Of. The scheme, Sir nds no pre-
cedent either ia our history or The HISTORY 81 Any
o,her r.sn,c,nble nntiuu Il is admitted to he new, or'
giuaI xprrmen,al and yet its adoption is urged upon
us as confidently if it lind come down from our anc's
TORS and had been the cherished policy "f tile cou"uy
| in past times. ,,ho.
bc ,pans be adaueL To the end That end itself IL What
! oppose and oppose all the means leading |" IT.
ouunse nj attempts TO make separate currency for The
Govrrnnen because insist upon II, and shall Insist
upnn IT, until see aud feel the pillars of the C"nslliu
lion falling around me- and upon my head, that IL Is The
duty of this Government to provide good currency Tor
the country and Tor the people, as well as Tor it-ri
put it 10 gentlemen 10 say whether currency BE- mol
n mart of commerce, or indispensable aren't of com.
merce: aud something. therefore, which this Cow rn'
men, is bound to regulate and TO take u Gentle
men will no, meet the argument They shuh the CUES
tion We demand that The just power of The C"ns'iiu
lion shall be administered I've that Congress has
power TO req uale cnmicrce, and currency part o'
cumrnerce; we insist that the pubic exgency, at me
present moment calls loudly for the exercise OF tins
pnwer-aud what do they do They labor 10 convince
rs Tint In. Government itself gel very wei! with
out providing currency for the people, un they aelahe
themselves therefore, to the Sub Treasury system s
unassailab! walls, lis iron chests and d"uDy sfcu'e"
doors A nd having satisfied themselves that IN lh!s way
Government, NAV he kept gorg, they are satisfied a
sound currency for Gnvernmrni, or sale currency in
revenue; these the only things PROMISED 'he oh'y
things proposed. But these are not the ola promise
The country the country ITSELF, and the whole peo
ple were promised better currency tor lh'r own
USE better general currency, better currency LOT
all the purposes Of trade aud business Inns was
the promise s"lemuy given hy The u"'efhnrn' ~
| 1888 md so often afterwards renewed: through all
| successive wears, down To May last We heard no.
thing all that lime of separation between Government
| and People. No, Sir not word Both were 10 nave
an improved currency. Sir, d'd not heliese ""f" o
all this thought all mere prccnce or empty boast
inr had no faith in these promises, not parci" -
But the honorable member from New York was c'nh
dent; confident then as he is now; cohorni n Tue shc
cess of the first scheme, which was plausible a. ne Is
confident of Ibis which il strange alien, and r'PusVe
in its whole aspect H. then OF being able
TO furnish currency fo' the country, as he no" OF
furnishing a currency fur Government lie t"in u.s. al
that me that he brered The system adopted ny Inc
late Administration fully competent To It's ooJ'cl-
He felt no alarm for the result. lie believed all tr IRE
sdpn had dune from The removal n The deposiles down
wards wnS constitutional and legal and he was deter
mined place hnse by tie side oil The PRESIDENT ana
desired Only stand fall in the estimation o MS con-
srifrrnis MS they should determine in The result And
| that result has come.
Az have Said Sill had no fnlh a, all in all The pro-
misses of The Administration, made before aud AT that
,j,,. and constantly repeated ! felt no confidence
whatever in the whole project; deemed 1t rash, head
strung aud prcsumpuous, to the last degree. And at
the risk Of the charge Of offence against good taste
will read paragraph from some remarks oil mine IN
February, 1894, which sufficiently show what my OPT
MON and my apprehensions then were:
| 81 have already en1eavored TO warn the country
against rretrrmube paper; against bank paper, when
banks do not pay specie Tor their own notes. agas mat
mise rable nboninabe, and fraudulent policy which at
lempls give value to any paper oil any BANK one SIM
gIe moment longer than such paper is edeemabe on de-
| nand in gold and silver And wish most solenn.y and
ear nesily 20 repeat that warning. see danger Of that
state of things nheud. | see imminent danger that more
or fewer of The State Banks will stop specie payment
The late mr. Of the Secretary and the ntaua.i"n
with which be supported, tend directly anu
strongly TO that result Under Prtence then, OF de-
sign to currency which shall be all specie,
we are likely have currency in which there III De
no specie at a-Wc in danger Of being Onrrtohlmcd
cih irrcacsmOc poper-"'ere P"per rtpresrna%g not
PROMISES bad fa bankrupt corporations, ecated credit.
Ors amt a ruined peope"
And now, Sir, we see the upshot OF The experiment.
We see around bankrupt corporations and broken pro-
mises; but Promises more really ana P'spha'
ticay broken than all these promises OF the Admnsra.
ton which gave assurance o. better currency
These promises broken, VIGOROUSLY and openly bro
KEN flhey cannot bc performed ought al least 10 5r &C
knowlrdged. The Government ought not, in common
nirness and hnnes,y 10 deny ITS own Fespns'
bi,y seek 10 escape from the drmands OF the people,
and 10 hide ITSELF Of the way and beyond the reach
of the process Of pubic opinion 10y Tetreang mo s
Subj. reasury system. Let it, at eas', come forth let
il hear port of honesty and candor let II confess It's
promises if it cannot perform trn and ab"ve all, now
even now a, this late hour let it frnounce schemes ana
projects the inventions OF PrrstmFtnn ana the resorts
of DESPERATION and let il address ITSELF in all good latin
To the great work Of restoring the currency by approved
and constitutional means. w
But, Sir, so far is any such course from all probability
of being adopted, 80 little ground OF hope is thrr mat
| hua band ~
honora BILE member from New York has contendrd and
argued in his place, that the pubic opinion is more Ia
vorube to this measure now proposed man 10 any "h''
which has been suggested lie claims Tor II ihe charac
ter of farGrite with the people. lie makes out ms
Sub Treasury plan be quite high in popular estimation
Certainly Sir, if the honorable member thinks 81, lie
mud see with different eyes hear with ON. rent ears
gather the OF opinion ona very Glifrre sour
ces But what is the genemans argument! Ills 'Is
The houses of Congress, he snys reflect the WISHES
and opinnns Of The people; and with The Two houses G"
Congress this system, lie supposes, Is more accePao'e
than any other -
OF Congress, aud all their members, must be perrl'~d
10 express toub, and indeed good deal more han
doubt, whether, this subject and at the present mo-
men,. the two Huusss dn exactly reflect the opinions
and wishes of the people. shnuld not hnVr auV'fRa
to the state Of opinion here, compared with the safe Of
public opinion in tie country if the gentleman hhd not
funded argument, the supposed dsPos'l'"h n lne
two Houses and the fact that they truly set "rlh 'hr
public opinion But since he has brought such an at
gumpnt II is proper 10 examine It's inundauon.
In general sense, undoubtedly Sir The members ut
the HOUSES be understood 10 represent me SEN
timeals Of their constituents the people o: the Cn'Pd
Sia,es Their acts bind lrm their representatives,
and they must he considered, in legal sense as co"Tn'
ing the will of their constituents But, owing to the
manner of organza,ion and 10 the periods and lanes
Of ecnn. it certainly may hnppen TINT alta particular
moment mud particular subject, opinion nut doors
N oy lie way, while opuinn here is another Ann
how is now, il we nny Judge BY the usual ndIcal'"ns
Does The gentleman pe inr vote in this hndy ior
his BILL but such shall be- in his opinion, in strict &C
cnrdance with the Wishes generally understond ana
most recently expressed in the State from which that
vote shall come?
shall be exceedingly snrry Sir for instance, 10 see