Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1838-09-08

whole people OF sovereign State? The
above is an extract from the letter of n Mr..
V. NJ, Garesche, who is still, as under.
! stand, in the service of the Government.
The letter was communicated to Congress
by the Secretary of the Treasury, and is
filed with the archives Of the nation. 1t
stands on record, perpetual testimony OF
the want of principle in the appointment of
officers, and contains foul and base Sian.
der on the people of Mississippi, took &C.
casion on the discussion of the bill last
mentioned, to repel this wanton attack up
on the character and integrity of my con.
stituents.
A bill to establish new land district in
this State, locating the Office at Paulding,
and bill relnquishing the two per cent.
fnnd TO the State, and investing her Legis-
lature with power to employ the fund in
internal Improvement, passed the Senate
but reached the House too late for action
at this session.
Your mail facilities will be much increa-
sed by the many new routes established
IN the State; your convenience will bead.
vanced by the establishment of new dis
Itrict Of the Federal Court in Mississippi;
and your commercial Importance augmen-
ted, by declaring Vicksburg Port OF En-
try, and Grand Gulf a Port of Delivery
All of which has been effected at this scs-
sion of Congress.
bill to modify the 9Th section Of the
Deposit Act of 1886, was passed; which
relieves the banks from the disabilities in
Cured by the issuance of small bills
The notes of all banks, on a resumption
Of specie payments, will be receivable for
dues to the Government.
A bill to increase the army was passed;
and also bill for the better securityof the
lives and property Of persons on steam
boats.
Having noticed such measures as deem
most interesting to the State of Mississippi,
shall proceed briefly to notice some 9th.
ers of more general character. And
first of these is the SUB-TREASURY.
The objects ofthis measure were declared
by its friends to be an ENTIRE SEPARATION
Of the GOVERNMENT from BANKS; and, the
COLLECTION OF THE REVENUE IN GOLD
AND SILVER!
The limits ola circular will not admit
detailed examination of this INDEPEN-
DENT TREASURY SCHEME! And |
consider such an examination unnecessa-
ry at this time, and in this place, as it has
been so fully and so abl y investigated, by
all parties; and the investigation so widely
circulated through the public journals and
printed speeches. My opposition to this
measure was frankly avowed on all occa-
sions, during the canvass which preceded
my election; and have now only to add,
that my opposition is the more confirmed
from thorough examination OF the sub
ject.
The collection Of the revenues in me-
talic currency, is, in my opinion, impracti-
cable; and if practicable, i. is unjust, as it
makes distinction between the money to
be used by the Government, and the mon
ey to be used by the People. And let not
this objection be answered by the asser-
ton, that the Government is the people; for
if that be true, then all bank paper
would be rejected; and il it be not true, the
distinction between the funds Of the Gov
ernment and Of the people, would be crea-
ted.
The people and the Government, from
the earliest period, ha~e used the credit
system. They have encouraged it, and
under its operations they have prospered.
The Government, from its commencement,
has connected itself with banks; and from
1888 to 1887, the right oftho Government;
not only to connect itself with banks, but 10
control their conduct and regulate The cur
reacy of the country, was both claimed by
the erecuIiue officers Of the Government
The Secretary Of The Treasury, in giving
his reasons for the removal of the depos-
its, declared that he believed "the State
banks could furnish a general circulating
medium, quite as uniform in value as that
which had been afforded BY the Bank of
the United States. Probably more so."--
In his letter to the Presidents Of the banks,
in which the public money was deposited,
he states; "The depostes of the public
money will enable you TO afford increased
facilities TO the commercial and other clas-
SEES Of the community, and the Department
anticipates from y5u the adoption Of such a
course respecting your accommodations as
roiH prone acceptable to The people and safe
TO the Government" And President Jack
son stated in his message to Congress, that
he entirely concmred Nth the Secretary o.
The Treasury in The pieto he had taken on
that subject. And the present Chict Ma
gtStrdtc, in his celebrated letter to tho Hon.
Sherrod Williams, states that he sincerely
believes, shat The public funds may be as
safely and conveniently transmitted from
one norton of he Union N gno,hpr. that do