Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-06-05
THE SUB. TREASURY BILL.


some danger Of this bills passing. The whole country
has been Tor time under different impression.
We have really entertained doubt upon the sub
iect All letters for some weeks past assure us,
that it had chance Of success letter from one of
en!g htened friends at ashiDgton the 9TH
u tells US Il do sincerely hope you will now let the
whole matter drop, aud think you will find every thing
will work right in the end. Mr. Cambrelengs bill
not pass that the Mississippi Election has gone in
all probability in favor OF the Whgs"-A letter from
another intelligent respondent two weeks after, cites
the opinion of of the bcstntormed friends Of the
Administration, that the chances OF the Sub Treasury
bill very lighand our Correspondent adds that
he has no idea Of its passins-and then ASK what TO
be done? What measure is 10 De adopted in lieu OF i,
In fact the uniform impression has been, that such
bill could pass the ii Of r.
What then surprise 10 find that ditItren, OPT
MON beuins 10 prevail at Washnp,on Be not sur.
prsed, says Of our leers if the bill which now
SAUNDERS ia Committee Of the Whole in this House, and
hch Il IS erery 'che supposed, except here, cannot
receive the sanction of aority of the House. mean
the Sub Treasury Dll) shall yet become law Of the
land, during the present session. -" Some fears
entertained says another letter Of the Isl nst that the
Sub. Treasury bill will pass. There some converts
TO il from the Wing ranks, If report be true! some.
what doubt Another letter received by yesterdays
mail makes some estimates Of the vote upon the bill
and assures U.s. that muny OF the leading friends Of the
measure confidently expect 10 carry it-and none with
whom have cnnversed, seem TO think that they
fail by than r0tc IL this be true he adds) the
bill will pass: for If this time only is
sary the simple rules Of Arithmetic will enable 10
certain, how long it will be before convert
be made in favor of Government patronage Our Cor.
res pondpnt goes 10 that his calculation had
been II for the BILL and 100 against ilbut that every
eifor, VAS making TO cast the die in favor Of the bill
that s'lhe two votes in The II Of r. from Mississippi
had strengthened the impression that the bill must fail;
and that now, trery rhtre. the people lued into
false security. What the public Indignation will be upon
the passage Of this obnoxious under such cir
cumstances hc) will not TO say; but he trem
bes for its effects upon 'ths Administration" itself.
Under these circumstances we deem il our duty once
more sound the tucsin-and repeat the honest con-
yc,ions Of our best ud gment against this important in
novaton in our finances. The sentiments which We
expressed before aud after the Extra meeting of Con-
gess are unchanged. The reflection are able
10 give il, the they strengthened. We said
then. and still sny
awe have desire to such accumulation of
power in the hands Of the Execulive-no wish to put
the public money directly into the palms OF his friends
and partisans-We wish to see the power and patron.
age Of the Executive increased as little as possible
'he powers of the (Federal Government (no) enlarg.
ed-lhe purse and the sword not more strongly united
than they in the hands Of the President-and few
Of corruption possible trusted in his possession
Some events have shifted the balance of the Consttu
on and thrown too much power already into the Exc.
cutive scae-Thanks especially to the Wing Senators,
who fought reckessly for the Bank of the u States,
in the day Of panic trampled their Instructions under
foot and brought their own body into conempt!-We
have desire, unless the public interests mperousy de-
mand it, to throw greater weight into the Executive
scale, by bringing the President into closer contact
with the public ruise-We have no uneasiness about
the present incumbcnt-Mr. Van Buren, declares, that
he would much rather withdraw, ito the greatest pracl
cable extent, from oil concern in the custody and dis
bursenent Of the public revenue We conscientiouly
believe him. But we ore framing general system not
for him alone, bat for his successors We might safely
trust the public purse in his hands, but who to ensure
US against those who to after him Some
btous and dangerous man may ascend to the chalr pre-
pared TO abuse the patronage of Office, and to exert the
means Of corruption.
1--WE do not hesitate say too that the Sub Treasures
are less sa c for keeping and less eOnrenen for transmit
ting the Public funds Than sound and properly organic
ed State Banks The large funds Of Bank pledged
for the safety of its dPpostesaDd they are better than
any security which The Sub. Treasures can give"
Why should we increase The Executive patronage, md
ieopardize the public funds The Executive power "has
increased is increasing, and ought to be diminished
Let recollect what Mr. Bentons celebrated report
declared 10 the Senate Of the U. S. in lo26:
Tbe King of England tho fountain OF honor the President Of
the United States The source Of patronage he pe:de' over e
the support individuals who administer tho
He makes and unmakes them He chooses rom o CIR
Gle Of his friends supporters aud dismiss he' and upon
al the principles action, dsmiss hcm often as they
dsarpoint his expectations rs spirit vii. an%ss ,ne hs'on ~
lions, truth of general rule proved by the
The Intended CHECK and conro 81 e o,ro pons @
penetrate body, subiuc its capacity reGnee cram 10 ne
.cnroIy with imam without the check of the Sens,c
Thc power patronage unes checked By the yso,n: intepo
s;ion of Congress- go increasing na fedetn influence
many Of this will pfedOminu's in elections
completely British influence predomines IN the elections o.
Scotland and Ireland borough towns and the great
stations Of Portsmouth and Plymouth
But the Executive patronage has increased since 70
1t is calculated 10 increase more or ess win 'e CROWN
of our country Why, then, should we, without neces
sity lay the foundation of new SuoTre,sury system
which will create new public oicers-and SOW The mus
tard seed, which may spring into gigantic tree? The
very success of the Sub Treasury proposition is an add
,ional argument against it, But for the weigh, of the
name of the Chief Magistrate could ever 60 through
the Houses: Why discard the use OF our State
sulions whose officers not appointed by the IRE.
Why encourages The foundation of greamoned Fedora!
power, when We saud employ better regulated State
Banking time, tor" when The Banks are
doing their duty and shSt honestly 10 redeem thpr en-