Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-02-09

have gone bag and baggage over 10 the camp OF e enc
my In New York where Of their chefs resides
this party must be more numerous, una no uouo' t"ey
contributed largely towards the !aie s'o1us 'culy
ache we'd by The combined forces; and really nope hat
injustice and lngratlude will NJ" Preva but 'hai 'he'
dsnteresed services will be duly appreciated ana SUIT
ably rewarded. In the Old Dominion, where the most
distinguished chief Of the armed neutrais belongs her
forces must be formidable in numbers, ana esPeclaOr
character There may be IN other States, Of which
have no information.
Now, MIR President the Importance and The Taiuahe
services Of this rsiniorcemen Viii not, nope, De IS
mated according their numbers but according to Their
zeal their activity, and the great sacrifices they have
made CT feeling interest and ongcher!shed friendships
from pure love of principle On this subject have
word 10 say 10 my worthy friends OF the Opposition
proper, and ! doubt mol, they will take hint from
me kindly | say to you, then. gentlemen, receive
these allies gracinusy and treat them not only justly,
but generously and kindly DO not estimate thelr merits
according the pnor standard of their numbers hu, &C
cording to their desires to s-rve you OVERLOOK ne
serch you their past errors you will remember thai they
were then in false position and surrounded by your
enemies; and let oil their votes against yea be expung-
ed from your memories he not only Just TO them, hu'
generous; and should you be successful (o which, how
ever, there very little prosprci hope to BIZ excused
for reminding you their behalf of your settled p'Inc'
pie. which will not be forgotten in the disposition
of the spos; it is hsihat The highest konoS should DC
conferred on the last dcseri,rS
Mr. President, | am satisfied that should the nied
forces of the Opposition succeed III lcaO. The Claims &"
the honorable Senator from Virginia will be So strong
that they cannot he resisted lie will be placed al Tue
head Of the Treasury Then Sir all our financial ol
cuI,ies will be end there will be no more war on
the banks lamperng with The currency; he VIII pur'
sue that ppy medium, avoiding, the one hand, hos
lily the banks and, the other Ton great aHccoh
for them Then the condition OF the Treasury wIiI 'e
presented clearly The MONDAY sun 10 mysthca-
ton, obscuTaon, but every thing plain an" '"'e'
gbie -.
Still Sir there may be doubt as to the princl'
pies which the future Chancellor of The Exchequet
wI! administer the finances Like most other great men
who have figured largely, and inr length OF time, his
sentiments appear To- have undergone very important
fluctuations and changes Perhaps. in this respect there
is no material difference between him and many "i MS
contemporaries except in one important particuaf-
Whilst they have been going way, he has been 60
Ing the o,he whilst they have been advancing he has
been recedDg.
Now Sir the country would like to know whether
the Treasury will be administered according to the views
of the Senator al any distinct period. or according 10
his views al several distinct periods, united aud blended
,oee,her and the former wha, period be selected
This very important matter II his opinions IN 1874
were form the basis of his administration he should
certainly have my humble support. better head OF The
Treasury could not desire His financial principles at
that time sound enlightened and patriotic, as eH
planned this floor speech equally distinguished i0r
iervd eoGsence and just and patriotic sentiments
have Htract fron that speech before me, which
have no doubt the Senator'S friends will be grained
fi,ae. from Mr. Rices' Speech Of 1854.
Of all Tie political economical required ny
lhr OF the county ha, which is most urgently de
nn.d and which promises, accomplishment, the largest re-
restoration Of intended, by ne frs
fe ConiuCn. JtG hard nr0Hry GOytrHm'Hi w" are
much the habit Mr. President Of regarding the cviis
paper system necessary and ncurabe, and berg content with
the duIvc Pua,on Of those evils surpassed 10 be derived o
Whatever inilur zee
such an institution rnay be supposed TO exert in preserving
#
promoted practicable metallic crru'a
ton step return, let the Bank Of tho
ordarry circulation being thus supplied with
gold and silver The would be rearrd wtou, hard
ship the public creditor require payment ITS dies in cce,
and us realize rcom than rh'ch "0mt e"udbe more dy nt:.
resting rer 10 Tic safety dHd prosperity ne country
Sir these are noble elevated and patriotic sentiments:
sound and enlightened, resting on the firm basis OF the
Constitution and The eternal principles of right and JUS
lice. These sentiments worthy the occasion that
called them FORTH and worthy that ancient and unier
rified Common wealth from whose representative they
came. Al that time the gentleman was the bold advo
cate Of yCtorm in financial system, and for pre-.
cely the same reform we now desIre-a reform which,
in ''socin commercial and political! point OF view,
he declared to be desirable than all others. When
the channels uf circulation filled with gold and
silver he for collecting the in specie only,
and for bringing the Government back to what 1t was
intended to be hy its framers simple hard money Co
vernmpnl. Well, Sir, the channels Of circulation are
now full there are, at this tme nearly one hundred
millions OF specie IN the country, more than three times
what there when tnIs speech was ctlvered NOW,
then is The time is the acceptable time; the con-
tingrncy has occurred the question is before Con
grpss and the country and call the Senator TO re.
deem his pledge 10 help 20 carry out this great and go
rous reform
But, sir | fear shall appeal to him in vain; he has
long since abandoned these noble sentiments, for
no doubt satisfactory to himself and has even attempted
to dsavow them explain them away. In some publ
cation since, he has attempted TO destroy the entire
and meaning Of The language have quoted, by a
forced maxim the whole pend the
gratifying clause as Ia the channels Of circulation being
filled with gold and silver Sir ever did adv1-
cate The hard mnney policy Of the Consiiiu-
iIon and The collection Of the in specie Until
there gold aud silver enough in tie country fer hr
purpose No one, sir, proposes to carry out this hard
money policy until the channels Of circulation filed
This the ot jet OF the specie provision The bill Of
last session But is the Senator in favor of collect
ing the in specie, at any time and under any
circumstances: Do his present objections to that poll
cy the ground that the channels Of circulation
not full! do they apply to the principle of The po-
Icy ITSELF Let his for the last three years an
swer these questions Whatever his reasons NAV be-
doubt that he has abandoned his hard money
prlicy Of 1894.
The next we learn Of his financial notions was in his
course in regard to the deposi'e act Of 1896 lie adyo-
Gated and voted for that bill, which first egaIizcd the
connection between the Government and the State
banks. hul prolcSScd do it with great rcuclance and
only choice of evils Immediately after It's passage
controversy commenced among the Opposition presses
respecting the paternity Of that law. Some claimed that
ii Justly belonged 10 the distinguished Senator from
South Carolina (alr CaIhoun) and others that disrin
gushed Senator from Massachusetts, not now in his
seat, (hr. Webs,cr lis author and parent But al
the commencement of the session. the Senator from
Virginia, and his friend from New York (Mr Tallmndge)
seemed 10 claim that they, if not the authors of IT,
chiefly responsible for it measure which they had
supported with great reluctance and under Of du
rrss, had become their iavorite measure. If word
said directly or incidentally agans, it, one both Of the
gentlemen Immediately took the floor its champion
If not their natural child, it has certainly become their
offspring by adoption.
Mr.. President, those Of this side of the House,
who voted for that measure, also acted under cGnyic
ton 81 necessity and choice Of evils. We considered
il measure that could only be justified The ground
Of necessity growing out OF the peculiar and arming
state of finances but did not the since re-
gard il involving any compromssion of political prin
Guide. Interfering In the sghlesl derIee. with