Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-10-29
y0EURsE YxXVE.---No. 80.

! the palms of Executive agents, the creatures and
parsaus of the President, instead OF keeping II on
dcpose in Banks, whence II could not be dawn
tor other than public purposes without instant Dc
lection and thus exposing 1t 10 be Plundercd ~
hundred hands where cannot now reach u; -
These sentiments echoed by tie Republican Press
throughout the country. and formed The acknowledged
aud universal creed of The Republican party Resting,
they cid The enable foundations OF truth ana
reason they commanded my most hearty assent The
more too reflected the praci!ca! operations OF ihs
scheme, with lis stern and monop1lisIng exaction ot
specie for the Government end lis siipendIares, Tie
more thoroughly | convinced OF rs ra'nous effect
the general prosperity ard business concerns 81 the
whole community and that, with The additional apPa-
raus with which II proposed 10 arm II, ct Treasury
nUtss. Of certificates Of Opposite, founded on lie GO-
Yernmenl boards Of specie, 10 serve Us general cur
rency, Of buying and selling bills oil exchange, and OF
making transfers. through its own insitumentaiy,
al large sums of money from the places OF colltc
lion The places Of disbursement, separated by the
immense distances Of continent would inevitably,
work Itself into great G0rernment Bank-the realt2l.
ton of the most fearful conjunction Of the noneyed anu
political COVER Of the country which the Imagination
can conceirs With these views OF the character and
tendencies of the Executive scheme, honestly and Tho.
roughly OBSERVATION-DISCLOSURES too, which had The high
sanction at very date, Of The unanimous
currence of the whole Republican pariy-shou!d not,
itliow citizens, have been traitor indeed "a traitor 10
ny couary) il had permitted any slayIsh and democrat
zng OF personal or party allegiance TO the fieS-
dent 10 draw me into hIs support:
II will not, fellow citizens, at this time oil day end
upon occasion like this weary you by formal ar
gument Of The character and tendencies oil The SUB.
Treasury project Discussion III every variety O!
form has well nigh exhausted the theme, and could
hardly promise myself that would be IN my power I"
present IL 10 you IN any new or important EgHts-
Experience, however, the best OF teachers, IS daily
throwing blaze Of light lis fatal tendencies "nd
adding fresh testimony 10 the truth and iuIce oil the
objections which have been Often but so unavin&'
y, $50 far the authors o! the measure are CONCERN.
- urged against it, The system has already been ~
d n
in respect 10 The custody alone OF lnr puoG ,"nps; ana
wha has been It's fruits scene OF public plumber and
Of wide spread official delinquency, which must cause
every honest citizen, whether he regard the honor AID
public morals of his country the safety OF its Urea
sure. hang his head in indignant humiliation. FROM
the Zone fell p Of million and quarter OF dol.
lars by the New York collector, 10 the petty larcen's
Of village delinquent, what have we seen, siEce
the adoption of this system by the Executive but con.
nuet and mortying spectacle Of oicis Fecu!aon amd
d|apidaon OF the public funds Hardly day passes
that docs nod deiuui;cr 10 this a!Ieady
swollen list Of inldety and public robbery:
"Ihe ear is ptact
The soul i, sick with every Gay report
" adj aud wI;h the luni IS filled
Bui painful and provoking these fruits OF tie
Sab Treasury policy, While yet in "he green tree tc",
AID bu! very partially put III practice, thPy hardy &C.
serve mnment's consideration, compared WITH those
extensive and Gesna,ing inroas upon tie puD.'c pros
pry aud liberty, which mus, inevitably result iiomi's
operation, when TIE entire system shall be iuiy organ
isrd and sci in motion by law II you DESIRE fellow.
citizens 10 hpGe ru'nouS consequences portrayed
with pencil n light and from source ct the highest
authority and irpartiAy, let me recommend to your
calm cpnderaiinn mos, able letter upon the SUBJECT
written by President Dew OF William ~ Mary In!eH',
I friend in Alabama. End which though not nlenttd
for publication, has, happily for the OF truth ana
nrofound and distinguished PoIcs EtsGDSon'sl wd6SS
opinions this subject wiI surely mol receive ls w"
cons,tiC ration from the fact that he 10 removed rom
tsr arena ana exempt from the bias oil patty po'i'icS
has anal ysed aud LAID bare in The letter I" which have
erred the operations OF tbs fatal system, WIN oice
Of logic a'.d learning combined, which cnnn",, as IL
seems mr., be resisted b. any candid nind. he h,S
shrwn hat the system is incompatible with me cis'
z.tirn Of he age which 1--we that ct IS dtcG'"
movement, backward towards The ages Of batbaf'sn
that i, is open declaration Of war against The ts'a'
llshed credit system Of the country whose overtime"
cannot BE- accomplished without laying in ruins b. me
same how the important interests ct suc!eythd
that far from Cxettng snIuary influence, a. l"S
been pretended the currency and commerce OF ""
country would involve the IN constant iuctaa'ig"
and insecurity aud subsct the o!her to "Vloehl con
WILSON'S aud cmbarrassmen,s, enhancing al Inc sdl'
t.r.r, The weight Of public nxati"n and putting 10 'he
hands oil the EEtcrtife noneyed engine OF 'he t"S'
lIimlnbir power On this last point he uses ne '9:'"s
np emphatic language: Give the President 81 me u
States the Sub Treasury hemmed in and guarded Ivy OIL
The devices which the wisdom oil man can conliVr Ghi
viii venture the prophecy, that not one generah9n
viii pass away. before the trammels wall be removed
every obstacle b. and your Sub-treasnfy "h
stand ,rih CONF ssed TO IN void, colossal Sa'k:'E
institution, controlled aud d!!ecirh ~ he Execit'r
SuIstn
ever witness The consumnann Of 50 mons'tous an az
liance =. Shall we. fellow c.ens IN The headi"nF ca
rerr srnssss party sPirl, turn deal ear 10 hir
warning al far seeing and patriot philosophy, coming
in aid # the instructive suggestions ni our own common
sense, And yet my refusal 10 bndy TOTO" lie taa o.
;sc President in support OF system so chHtoc'ef'S'"
by the united voice at reason and philosophy, and cor
drrnned III advance by the Unanimous Grhunciai"hs 81
his own noilical friends is Of The high crimes ard
msLemeanors for which avn this day arraigned before
You a traitor and aYostcte?
say ons gentlemen, for there nre other counts IN 'he
Indictment ayains, me, 10 which will now proceed -
The NJ 1t ole nee in point Of time, Tor which have
been arragned by my accusers ~ that al ie commence
M nj Of the late session Of Congress finding The coun
try filled with rumors in regard 10 renewed ana M
eli fiscal connection between tie Government sn' ,he
Bank Of the United States had the halihood 10 Cis'r
certain Resolutions ot enquiry calling upon Tue ESecG
tive FOR Information in regard to the rAsIence and par
tculrs of that connection You all rrcoihci, gthiiS
men, the 'lorg agony" through Which tie country had
passed in order 10 dissolve The former hscs! CONNECTION
with tina, institution. speak Of Inc Bank OF lie .
under i's National and Stale charter, rs v'GaIy Oh"
and HE a.e institution; for lis capital was me same rs
sockho!de,s were the same, with the single exception
Of the shares formerly held BY tae United stais ITO
p;irc;n., officers the same, its spirit and adunS
,ralron wrIc The IL had been 30 expressly De-
clnred 10 be by the :.stsn Of the United Sales l'"'
sslf and all his l.aGrg supporlti ano by MN arc " ~
an 'uncomprnnising hostility had been solemn! -.
nnunccd against it, What, Therefore, va u'e jos' s''
Prise ." tie country I" learn 'h0' '''Se
all al once suddenly changed, ana mat lie S''!
nis,,,,iou which had d-uuunced "uuccmpIomIsrg Eos
tli,y" against The Bank, had again made ~ 70 G:fG'
exrn, HE fiscal agent and depository Z" ihe Govern
rnen,, and had deliberately renewed c"nnec"'n'
which ,ba whole country Lad been recently cor.
vuls,J 10 dissolve locked with anxiety In,o Inc ar
nnaI ennr, of Tie Secretary Of the Treasury prcsc
10 us nj The cnnmen Of the session OF CsrE"ss,
for foil disclosure and explanation OF those tiamsac.
,;, ;ty IN, Rsnh in relation 10 which the public feel
inc and curosi'y had been strongly aroused But
lacked in vain studied reserve and ambiguity were
maintained the subj and nothing appeared but te
fact, sufficiently significant however, aud that shewn
no, Ly e body Of The repo:t but but by email dozen.
me nj anne xed TO ii, that nears two millions Of the pub
lie money we're even that ;'se, dePosite III The