Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1838-03-22
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Mr.. CALHOUN rosa. and .dar.s..a Oh.
sessts ss follow. -
regard this messurs, which In, ban an
much denounced. - very iitfis moru sAaa on
sltsmPt 90 carry out the prov isions offhs Joint
lrssosusion VI tefe. and ths terosits ses OF
1876 The fosmee provides thai no sosss
eut these OF sPscis-Psy iog bspka shsii ID rs-
eeiysd 10 the dues Of the Govsfpmsnt, and the
is'isr That sseh banks Only shail bs the depo-
ssiories al the publie venues and fiscal agents
Of the Govsrnneni; bat u Omitted 10 make
provisions foe the contingency. OF n. eeasr,i
FsssRension OF specie payments, soch as 10 the
present. IL followed, accordingly, On the
suspension In May last. which totally separa-
tsd tho Covsrnnsnte and tho hanks, that the
revenues were thrown. into the lhasds Of toe
Executive, ~hets they have since remained
under ~ exclusive ecesroi.' without any.iegal
nrovision for their. safs. keeping... The objec,
OF this bill 10 90 supply thiS OMISSION, toisks
yhe money oot OF ths hands OF Shs Executive.
and place e under the custody OF the law,,
and 10 prevent the renewal ot = come ion
which hss proved 20 unfoCtunste Co hvth the
Government and tho bsaks.- But Il 10 th,,
measure. originating in an sxigsaey caused
1 By our own acts, aad thai sesls 10 make The
most OF change. efected by opesstiou OF
Law, instead Of sttenPiing TO iunovate, or 10
make another. experiment, - ha. been srroE
n:ousIy represented, vi ich hes been dea6uno.
ed under The name Of the ub-Treasary viii
such enetsmPied bitterness. = :,
In lieu OF this bill 40 ahendment has been
casred. as substitute. by the ssnplor from
Virginia, fnrthest from the chair, mir. Rives.
uhtch be i.forns u, 10 ths nrsi ehoiesof 6iss-
seif add those whoagres Vitb him, aud The
ssc9at choice Of those With Nhom he IL allied
90 this question:. 'ift may judge FROM. appear.
snees. which Can hardly deceive, he might
hare said their -6fsl choice, under existine
eireunstanees; and hsvs added, that despair.
ing 90 haiiopai bank, ihe object or Their pre-
ference, they nave adopted hs ,ubslitute AZ
! the only P1eiiesi alternative ct present We
have hsp, the question thus narrowed. down
i TO thc bin snd the proposed substitute. II II
agreed on all sides that ono or the other uiusi
be selected. and that 10 adopt .os reject the
fone - to'rejeet or adopt the other. The Sin.
gle question then Il, which shall ve choose
A deeply nomeaioa. question, which We ere
nov called on Go decide 10 behalf OF The Slate.
OF tbs Usiop, and on oardeeision their f,riurs
destiny must, In great degrees. depend. %
long ssihejr union endures.
\ IN comparing tha feDstiSsmsr or The twc
measures, prsparalorT 70 q decision, 4 shal
touch, very briefly 90 the ptiDcipiez and de-
tasigof the ball. The foFmsfsis we'll noder.
stood By the sAnafe end the eolnfsrJ ii isrxe
And HE, iattet has bean 80 ably aad Ineidl,
exPtained sy the etsirman sf Abe eommi.te,
IN his epehhg speech, az 70 supersede tba ne
Il eesstty Of furtssr- re0arks on them as thil
fstage or The disenssioa:. ] propoas ihen ts
hnit myself 70 . mere gsnsgsi sanmiryi &C
eo@P.nisd by Jew Drief.ohsessasioos,
The object Of the bill, a. ] have alrssd,
slated, % 10 taxa the public Einds -oUa ef .tAs
hands % the Executive, .whers they hsy.
oeeu thrown bg Operations OF our Acts, and q
pltee Ihen under the custody Of Lag, aud &
4 proytds fos = .grsduai and slow, bat perpet
cal, separation. between The. GoSernment and
tho backs. u proposes 10 extend tie process
o. separating TO the fear ls<5. receiving dur
laS ihe brat year Of The series the boisa O
tueh backs - may pay specle,- aOd. reducisI
thereafter The smoliDt receivable 70 notes enc
Sixlh annually, tlii The ss6arAli0n shallbp d
haiiy eonsuAmsted- al the psriod fAsLiioued.
u Tho provisioss Of the balI are tle usoss ain,
plssnd eascfsal that an able committees eouIt
4 devise. 'Fsur Pri1eipal Eseiivers, a fep
y clerks, end sun 6ie0t namber Of SCENTS Y
sxe@iAstHe Btsts Of che public fuhas, III or
der to see that ali .. right, ~ % psasa
ehstge not sSessdiog forty OF any sbousa6'
4 dollars 81 1Sost. constitute the addiiiosal en-
|
4 The funelions hnfst0foss dsaehatEoa b. n;
6aaks - de9osssogiss of lbs ysblse moasJ al.
fiscal agent6 OE 1hs Treasury, Ths siaDs.
! snParstos vii plaes ths public Treasury Of
20 tndspsnSsni footing. eSd giSs 70 Ihe-Co
u yernasest1 AZ eli Zines, . csItsia eenAmand-o
" funds - naeat its engsfemsnts, and ore
Serse ne kOsoS anA faith iayioisie. II u 5.
j desirable 70 Separats froa The backs, The Co
yernmeat Asssl -haVe sosns Independent AcSn
/ 81 Of lie own % keep and disbsirss tho publ.
reysnp1; and II Il Raat hsvS ssch en- sesney
AoOs, IN ny oyialoa, can b devised NOR,
simple, MORE seoaopsieal. more ef5AetGsl 90.
fssss, han thar provided BY thssbiil. his n,
necessary Bssut Of Ne separation, and isrs
jet u. without Psoposiska bsllsF. "a, indeed
\ : es,,sr esa Be, rs q. reject he separates
! { tstu Bov 10 .Chs subsiI,ois. "a sbios, j
direeiiy the revere Of thna ~ the bili Il pro
poses 90 hsvive ths lssgns % State banks, 40,
TO rsnev our ee0sfH ION win lbsa1, which 81
aehpovlsdgs hss contributed 80 much b cor
rupt The community asd 10 etsAis'a spifil 10
I Speculation hsFsiofors Rsstampled N "od
I The ssnssor in Offering iS shsshsf vI.sl
koT net has aeied .eensisiecilys ne .wss n
saynesIs II fri IN 1898 whsa the slisrns
tie Nas bslweea q ard The .rsehsgtsr q ~
lee BAak % Ne rniisA- States BE then De
Tended n Esslsdsiy and ussnfuily sgsinsg ID
hsree assaults sfhis present alliss. - hs n0s
eefsDos u when those. whs then sustalnel
kisa haze Bbsndosed the raesspFe. yRheths
wisely o. not, there y sossetbing hesois q
be sdhefeaee. sBd eonaepd hin for II; bu
4 feaF ! esnnoi Say a. Boeh fof his seisdos
md eiscreti8p. Gee Aeknaw LEGGED. .Hith 81
eihsrs. ne disasters that baVs followed ~
hai experiment, bpt'aIiribyfss ne fsiisro >.
liEsusgicioua circBesfsnees. snd lnsiais tba
ne neasuss has Bul hsd fsig sriaL I grat
that Fpsuss sEpsfissui msg pneesed, afie
ne SEA- hss fsiiefi hui ne senator miTit con
cede, ~ Feisrn, lhai every fsilslgs Hust nscss
ssFliy weaken cen6fescs, both 10 ihe eEpeg
msst sd ne sSperissntsF. tIs -osnoot b
slofe eoaa5sut IN nsskinE Tbs sec0od iFial
thsn he-gas IN Ne srsi. end. II 6ouissd %
success then. sni pgsfssrsd IRE ssu- TFtasur
~ isskue - backs, ~ pest excuse ne %
siili adheging 10 ~ opiaion, sd doubiing n
sasecss q he seeend iSisi Noe o,ghi be 3
~ slgpsissd. shsrthoss vho iolnsd Mn u a.
irst shoeid - Fafhar sby - trying ths eEpafl
nest ags.a, s1sr haging bsea bi5sn iLtS a.
siF. go bagat 80 seaidsd b ne saplesiaa.- =
J aut 4 fhs ssnstsg hss besa pafafidnais
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