Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-01-08
VOLUME XXxV.---No. 20.


peor TO this fatal bondage % party and act for our
country: Can not. that The furnished honor aud
daPidated Interests Of the nation call upon 20 close
up every avenue OF corruption and abuse can we rot
devote this short least The pressing wants
OF The country out OF Inc many have rven up 10 the
interests and conflicts party II could d" nnthlng
4 would be easlrr in my opinion. than 10 settle finally AID
satisfactorily this gfen: financial question which hos hi
l!ero much divided and agitsed The ircumstan-
crs uf the unusually prrpiIiuus. The scheme
of National Bank is and | trust, finally abandoned
The late happy and successful restoration of Sound
currency by the STATE Banks, without The aid of such
institution, has produce general conviction that II
no longer BE- maintained that ground o! necessity,
on which alone its advocates have heretofore rested II.
The Sub Treasury scheme should. in my humble jHdg
ment, lie considered equ ly Oc; of The question 1t has
over and over again been ected by the Representatives
Of The People, and la@ec"pc themselves have ratified
The iGGgmcas sGl. their .Rrpresen,atves, {" Recent
! vents proclaim its condemnation in a still louder
yoice. X .at then remains? No other alternative thiu
he use OF the State Banks Let This be adopted the
:rnfral principle. rs il seems 70 ough. IN lie by
III pGrirs IN the present altitude Of things, and inter
ne decisive expressions of public opinion which have
hkrn place; and there would then Gr but little difficulty
solving The subordinate questions 10 the Of
usng them. never losing sight however vi the Cardinal
republican maxim, that thai must be regulated by
! an. and not abandoned to E4,cHiirc discretion.
! Mr. WRIGHT said II will not be expected tina, |
should attempt Ia incur the responsibility o replying 10
! :nr Senator from Virginia in diversified
Ms. dId rot come 10 my seat this morning anticipating
I
done nSsnredly wou!d not hlve prepared myself 10
axe wide scnpe oE discussion upon them. should
al this time have entered into the details relating
20 tie Sub Treasury he Banks, any t!Irg OF that
soii, Gnd vii lruublc the Senate wh bu! very few
! observations IN reply to tie Senator
had hoP5G and believed al the outset Of the remarks
made by The Senator iin.n Virginia, and ready
congratulate myself amd the Senate, and the country
npnn il, thai tie Senator had least become Of
he danger Of the xon between The banks and the
Government Was glad 10 hear tsosr rsr'a'ss, ;" far
they were connected with facts aud the rry draw
back my pleasure TINT he did not obtain tha, in
formation which he ProPos: 10 ask Of the Secretary Of
he Treasury IN regard 10 the !aG t., EctG!e he Grew ms
/ Influences upOn them.
( Bnt further very well remember that. in the extra
ssCn and The last, ! repeatedly told. and by the
Senator hitase when we undertook 10 hold up here the
dangers Of this PENNSYLVANIA Bank that raising
phantom; that the late bank If the United States
! dead and gone and that IL vas imposition on the
corntry 10 aii,mpt TO convince It that there any
longer danger from that The Senator from E
gina now lakes the opposite view and so Tar am glad
that he has al length undergone conviction on this p"!n
Sir, III iriaun to that danger never for 'namen
!aicd The Senator i'll ask me, them DO appr0.c ri the
xinn between the Treasury and tina, institution?
reply, that do not know. and glad when the Sena.
Tor from Virginia offered his resolutions calling for nt".
nation this sChjec,. had sard that The Secretary 0
he Treasury had sold OF the bends TO ;hC institution
,self and had supposed that The connc1ion it was
represented in the report had :"wm exclusively out OF
II the further IL was rot only
"ithOut my knowledge or appreciation. but Il shall be
! ith"ut my npprobaon had supposed that no other
purchaser tor HE 5cHG could lie obtained ana ts.t by
,ur legislation this Uhe bond) rendered ne
cpSsary to the Government But am cOm,ented 20 wait
iii The Secretary Of the Treasury shall give the facts
ut the case aud should have been better satisfied !! The
Senator from: Virginia bGd FIRST GscfraiESd Tie isci End
then draw his n!crences from them.
But am net SO much surprised al thai, as al the next
step of the Senator And what did he attempt? TO IN.
crprcl aud the country only the If action
but the views and opinions Of the Secretary Of the 1resH
Pc Tho ,linpr IN
'rol their action, from letter from Nicholas Bdd!e and
bat, Sir is the authority by which The acts OF these
Gentlemen 10 be Judged Although II is male 80 al this
And in the heat Of reGarH the Senator thought that
letter not enough and comments III Tie newspapers
made TN" proof here of the doctrines OF the Admin
sration But Sir, when It's acts and opinions are TO be
! iuGgrd Of by me- will not Judge Of them by the Ball-
more Chronicle, nor BY any such Authority.
Il seemed the rational and natural course in
this pass these resolutions, and lei the answer
us; and If that SHOULD he imperfect there would
been then Tor 10 be given or II The
c:s lhems,vss vhouia Ha'e been unsatisfactory there
would tie have been time aud rn0m to express our DIS
at!siaclioa aud would then do II trcm the real facts
ielJfe aud r0 from statements and surEses derived
! ':":n such sources.
In the -" his remarks. and with the broad
lat ude he gave them the Senator chose to refer to that
portion Ut the Of the President, where The Pre-
-iIent recommends the appointment nI committees o
Cnrnrcss occasionally 10 examine the condition Of the
cubic money have not the ssagc before me, but II
rightly rrGoec th"se committees TO report {" the
President "f deiacann 10 the end that the trid-
eating officer lat be promptly removed; and they were
then report also 20 Congress at the commencement ot
is next ensuing session And now ask lie grntruiap
was fis can&d exhibition Of the nesSare 10 IT," cGCn
try: Was it MI. Just TO tie PTcsidentG give his recon-
mrna!inn Of commuters the President gave II h!i-
If: Had such exhibition come from orc {" r GER
t!crien this side hr Opposition. amOu9 whom Mir
W is seated II would not have surprised me. As political
Opponents these liberties always taken ihy themD
and II is net always that gentlemen O. the Opposition
| i.elL ;n civ al hp
whose relation to the President IS snch u.s. That OF The
Senator from Virginia cannot but regret the tone and
character O.! the remarks And, tbs point remark,
first that the Senator'S political party claims to be that
Of armed Eeurality and secondly that II the slate
-, his political party that of armed ncuislty that
condition has heretofore been we'll fsp"d Dut
hostility 10 both the belligerens, it is def
mon such as had not given IT, and hereafter fear
shall be compelled Ia view II in diercnt light.
MIR RlVES said he asked The inGugenc Of The Sc.
nate while he noticed the oser vaOns just made by the
Senator from Y. That gentleman (saId MIR. X repre-
srns changing my tone in regard 10 the Bank OF
tie United States. No. Sir; il that gentle TRENDS
who have changed both their conduct and tone. The
Senator says that. al the extra session, spoke OF The
arm expressed in relation TO the designs Of that insu
ion, busbear Under what circumstances Sr, 90
so speak: | viii! recall them, and the Senate will then
determine whether il is | who have changed, or "he
Their il is the gcntlemans friends had offered
proposition. intended 10 confront The recommendation
made in the Presidents Message that The revenue
should be hencrlorward collected IN gold and silver on.
w. declaring that IL should be collected IN specie or IN
The notes Of specie banks, under certain ima
lions with provsn that The of no bank should
be received " cF should not hav resumed specie pay
mcn,s bya given day. The Senator from South Caro-
| lima (Alr Calhoun) opposed my proportion with his
usual yigor and earnesness. and mainly the ground
| that under il The Bank Of The United States would
| be enabled TO recover, and would ccrinnly recover
| the Government dePoses, which he declared would
! BE- both calamity and deep disgrace to the country
| What my answer, Sir That Tia, could never
huppcn consequence Of my proposition, which had no
relation whneve 10 the public deposi'es that 1t related
exclusively to the Kinds cf currency in which the pub
lie revenue should be receivable leaving the ques
ton OF s Gepnsaries precisely here it under The
Of Jure lc36, that is. he selected by the Execu