The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1839-12-27
DECEPTION.

| The Southern Reporter, a Van BureI
paper published in Grenada, Mi, lends it.
columns to the PRONUNCIATION of an open bare
faced deception, in matter Ofimportance
and the following from that paper is the
evidence oft:
''THE SUB REAsURY.-Weh have frequent
ly heard persons discuss the merits of the
Sub-Treusury Question, without ever hav-
ing read the bill, much less knowing any
thing about the provisions Of that measure.
To our mind, nothing is more plain and
simple 1t is Invested of every vestige of
mystery or concealment. And we are only
surprised that men of sense should suffer
their Judgment to be led astray by the ''ghost
or hobgoblin" stories conjured up by its OPP
ponents. The following dialogue presents
the whole matter in a nutshell. 1t is from
the Utica Democrat-read it, every body,
"What is this 'ere Sub Treasury that our
folks talk so much against?'' inquired a
Wing the other day 81 d~a;t SOC any thing
Of it in our papers"
''Why, it is measure recommended by
Mr. Van Buren, to reduce the amount of
money collected for expenses, TO the actual
wants of the Government; TO keep it safely
until it is wanted TO pay TO the soldiers,
sailors, contractors, and officers of the nation
and to punish as felons every persons who,
being entrusted with its custody, appropri-
ates single dollar to his own private pur-
poses"
sis that all! And is that what they alb
use Mr.. Van Ruren for recommending?
''To be sure it is, the sum and substance
of the whole thing" "Then lend me pa
per that has got the bill in it will you? I'll
90 that measure if never support another
in my life. And if it is as you say, | will
support the man who will support that meas
ure, let him be tory or what not. The
plague of it is, we never can rely, on what
our papers say, they lie so much"
Now, readers, the Sub-Treasury scheme
isno such thing as is here represented.
The Sub Treasury is a measure brought
forward by the Democratic, or properly speak
ing, the Federal party-lst, to have all the
monies due to the Federal Government
collected in specie, which will direct about
one half of all the specie in the United
States to this special purpose; the annual col
lections of Government being about forty
millions and all the specie in the country
being about Is millions. Thus leaving the
people with one half the specie they now
have And, 2nd, That this immense amount
of money shall not only be distracted from
the people and prohibited from being used
by them as basis of sound credit, but is
placed under the direct personal control Of
the President, in the possession Of host q
individuals appointed and removable by
him. Thus giving the President more than
ten times the power which any President
of the United States ever possessed.
These are the two and the only two prom
inent features of the sub-Treasury. Itdoes
propose to :. punish defaalters, provided
they do not run of. Swaltwout and Price
could not be punished. Moreover criminal:
are seldom punished when the very men to
be punished are the selfssame men to adj
Indicate the case and infict the punishment
If they will not remope defaulters now, thel
will scarcely '.pa"ish them as feIons" here
after. We hear of more defaulters thar
we do punishD1ents nowadays.
! The effect that this measure is calcula
ted 70 have upon general BUSINESS and 50
ciety will be ascertained by the. people, iii
should be passed by Congress, letter thai
it could be told even by the "Reporter."
It is no doubt the best possible measure tina
could be devised FOR The Office helders.-
They viii prosper underline sWinminglY