The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-06-21
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OBSERVATION-DISCLOSURES.

y. T.
OBSERVATION-DISCLOSURES
Do we live under Republic, that the
Chancellor Of the Exchequer, ventures to tell
the free representatives of the AMERICAN
PEOPLE, reject this BILL" (the one framed
according to Executive recommendation
land gohome,' the Sub-treasu,ys system toilinot
cease. 8 1t must continue as il is now, and
will continue through 1888, '39, 40, and Al,
in spite of all lamentations here or else
where"
Lest this should not be deemed emphatic
enough, and he might not be fully understood,
he repeats that, III must be obvious to erery
gentleman that no material mod fcaiion Of our
erisiing revenue system can be anticipated, IF
EVER, until after 1912 aud II remains for as
to decide tuhether Congress or the Secretary
Of the Treasury shall, for four gears 10 come,
provide all the regulations necessary ~ the
operations Of the mos! important Department
o. our Government"
Again, he says
GAS it regards the question Of bank agency, it must
be considered postponed, at least till the time may
arrive when both Houses Of Congress and the Executive
accord IN opinion--a harmony which has not often
listed Tor many Administrations past and of ,rieh there
IS no chance ohateper till s42 even if It should then
happen"
And he concludes by saying ii.t.
ave have already decided agans. every other
sure and whether reject or pass this bill, our re-
venue system remains unaered We merely substitute
the rH of Congress for Treasury discretion and leave
nothing Executive power which be regulated by
law ,.a.
What other conclusion can be drawn from
these assertions, made by the immediate re-
preventative Of the Executive in the lower
House Of Congress, than this? The Subtrea-
sury system is now established under Trea-
sury management, subject to my supervision
and control. 1t shall continue will APP
prove of no other course Of policy. If the
two coordinate legislative branches of the
Government think proper to acquiesce in this
measure, SO that it can be regulated BY lao,
they can do so if they think proper, but no
other system whatever that may be devised by
those branches ofthe Government will receive
the sanction Of the Executive branch till 1912,
"if erer." The system shall continue as IL no,o
IS" through 1888, '39, 40, and Al, in spite
of lamentations here and elss,Ghere." In the
language of the Democratic Review, in the
last number, in speaking for the Executive,
81 wish to manage ''MY REVENUE" in my own
way.
We hope that the Chairman of the Commit
tee of Ways and Means thus spoke on his
own motion, and without the sanction of the
Executive, and that he will both disavow such
principles and condemn such arrogant dicta-
ton. "
We can hardly believe the American people
will be satisfied if their representatives sepa-
rate and go home, until the question is brought
up, tested and definitely settled, whether the
Government of this country is hereafter to be
conducted under laws constilutionaiiy enacted;
first, under the legislation Of the two branches
of Congress, and approved Of by the Execu-
tive, or whether these provisions Of the Con-
stltution are to be inueried, and the Executive
is hereafter to assume the constitutional pre-
rogative of the Legislative and those branches
of the Government be converted to mere
sanctioning or approving powers Of all the acts
and edlcts the Executive may think proper to
suggest.
A more barefaced defiance, more utter
disregard of the wishes and will of the Repre-.
sentatives of the people was never exhibited
by the Executive of this country, than in the
issuing Of the late Treasury Circular. Their
wishes were spurned; their will thwarted,
and they, literally bearded in their seals!
Whatever chance there was of the passage
OF the Sub-Treasury bill, before the arrogant
and dictatoria language addressed to the peo-
pies Representatives by the Chancellor OF the
Excheqner, we hope and fully believe, that it
is now past and lost for ever-that the spirit
OF our forefathers which resisted oppression
and dictation, will animate them to signal
rebuke of the authors and supporters of such
measure and such principles, by putting their
VETO "po" them, and Indignantly poting