Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-02-28

@ 'ne .;.eW 70 "return TO metallic circulation"
A. he advised the Bank of the United States ~heh ne
considered the great impeachment 10 MS Pol'eai " "
n.nc;,I millennium was permitted to go down ana
,ho,id like furthermore to know, whether he expects
his litter of State banks trading on all the revenues OF
the government likely to supply the ordtnaTy chan'
I of circulation Nth gold and Suer, and TO aid IN the
.,ert IN restore the Government TO It's true constitution
ai character and dssnation-that OF SIMPLE, Sol,d
49, ,o,,u Gor,rnm.nt?' But, Mr.. President | will
not longer dwell on ms topc ou' 80 VII " ueNe my
no.it;on in reoafd 10 others
,a,d ,,,su,ivpy al the earliest opportunity, the re-
nor, of The Secretary of the Treasury IN answer 10 inc
cali of my colleague that officer, IN regard 10 the
manner Of his executing the law Authorizing MIN 10 sell
,h binds oT the Bank of the United States and here
Sir hermit me TO remark that have not The least DOUBT
but tina, the course OF my colleague on a occasion
was strictly parliamentary, because was Peiilea' out
!, was certainly novel and unusual to say The least OF 1t
a. ,b,, call no made n long SPEECH condemning in
measured terms that officer on the very po'nts on "hch
by the EMISSION Of the Senate he was ABOUT 10 seek
information. Yes. Sir my colleague mooe 'h'ee long
nsechss scaps, The Secretary Of the Treasury: in the
6rs he oreiudoed him without hearing; in the second
he condemned him without trial, and IN the third he
attempted execute him without the "beneht OF cler
gy:. 60, ,,,, o,,;,r - Tho
imperfection of language there is nothing which the
wsss indlte that ingenuity cannot Pervert 10
mean something totally different from what the author
intended to convey and had l. sir, perhaps have read
the Secrelarys report, with the same fueruous tenn
per and morbid feeling which seems 10 possess my col
league in regard that officer and also possessed the
same ingenuity in collating and constituting language
to mean exactly what | wish it 10 mean, too might
have discovered black spots and picked many flaws in
it. But DO declare that after attentive petusal, with
sincere desire them, that report did not strike
me as being in any obnoxious 10 the severe cr
tcism and harsh rebukes which my colleague had III
anticipation bestowed upon it, After his eecond speech
his review Of the document IN which he confidently as
serted that its appearance had fulfilled all his predictions
about it, read it second time with increased alien
nd ci,niIs upsirp
alike unsuccessful in discovering the frauds and cheats
and juggling by which 1t had been characterized NO
thing upon earth is further from my mind Than 10 be-
leye that the Government has any, the remotest dea
of forming any, the slightest connection with the banks
further than is justified by existing laws is demanded
by the creditors themselves Of the Government or grows
Of the necessity arising from the neglect, nay
sir NAV almost the refusal OF Congress to PROVIDE
md designate sufficient positoes for the funds oil the
Government II such intention was manifested, II
would sir be for those with whom act to complain,
and complain they would 1t would seem to me that II
would be o. pleasure to my colleague, unless
indeed he goes entirely for victory, and will not nse
banks all, except in the precise manner, and TO the
precise extent, he may think right and proper
Sir one of these bonds was sold. There is The So
Tenn, written contract for cash. Blu my colleague de-
MES that any cash paid because suppose, the Spa
nish mlllsd dollars 10, logged all The way IRON
Phlade pha 10 this city and counted out to the Ieosu
The money. Sir. was wa"ted for immediate USE
and why? Because Sir Congress sat here from the first
MonIay in December 1897 the OH day oil July, ISIS,
and did not, TIL the last moments Of the session make
provision the debts OF the nation; most OF them,
too growing on, of appropriations made by that very
Congress, when they knew there not money on hand
To meet them Tina, - The reason the money want
ed for immediate use but il was not wanted here -
1t was wanted in Florida, the Canadian frontier,
and al distant points the far West, and elsewhere,
TO pay your army and navy, and other public Gre
ditors; and was, in my opninn, wisely and prudent
ly left in Philadelphia, whence II could he with facility
and certainty, and without cost charge to the Go
:,
is sale less cash sale because my convenience my
interest induces leave the proceeds in the hands Of
the purchaser, subject my ordcf' My colleague
TO think that The terms of the law, leash in hand,
"ready MONEY would require that the Secretary of the
Treasury, the Treasurer sbon! have actually receiv
ed INFO his hands, should have faecred the millions OF
dollars Sir, this sale was, all In,euts and purposes
cash sale. 1t purporls TO be in the solemn written
contract II proved 10 be, both to the Government
and the Bank; and ought 10 appear TO my colleague
above all uhrs, it for specie, lis equivalent
that is, the of specie paying Stale Banks which he
thinks las much constitutions! currency as gold and
silver" (Which do not
Sr President, il part of my present plan to 20
into an anayss minute defence OF the report of the
Secretary That work has been UNANIMOUSLY and eii-
GENTLY performed by my friend from New York (Mr.
WrghD that further prosecution of it would be supe-
reroga.lun This, however will saw that after the
most careful examination OF his conduct, do delibe
ra,ely think that when the situation of the country the
peculiar embarrassmen.s Of the currency the emptiness
OF the Treasury in consequence Of the failure Of Con-
gress, timely n provide and means to meet their
heavy drafts upon this entire prlva,ion since the
spring OF 1887 OF the ordinary drpnstories OF the public
money, added the many other difficulties he has had to
encounter shall be duly and impar,iay esimated-he
ought will receive the thanks Of the country for his
steady patient and unrng labor ard his firm rerse
vering and successful efforts to keep the currency olhe
country far existing laws permit, within the range
and meaning and limitation of the Constitution But Mr.
President, the whole and temper of the speeches
OF my colleague prove, beyond all doubt on the mind
tlsf hat I hmm
Bile Secretary al whom his barbed and poisoned shafts
were aimed On a former, and a memorable occasion,
when another Secretary Of the Treasury the object
OF bitter Remuneration ~ this Chamber, and held TO
be responsible for acts required BY the President
done by him, my colleague proved that the Secretary
was but The arm the OF the President; and but
few days ago, he said that the present incumbent was
his mere "ca,spaw. II is not with "cespaw" that he
has been intending 10 deal on the present occasion -
No, sir, he had higher game view 1t was at the Pre-
sident he aimed his avelin; who heard him ca
doubt II. And SIR nothing that he said more as,onshed
me, than 10 hear hm-yes, Sir him above all other
-reerating The stale slang about Executive patronage,
and the purse and the sword and chanting again
the old "doleful jeremiad about 'a power behind the
throne greater than the throne ITSELF
MIR. President, know nothing about this wonderful
thing called Executive patronage. have tasted
of it, and cannot, therefore, speak Of lis bghung nu
ence on the moral character and independence OF those
who bask III lis sunshine There time, few
years ago, when it said be used its utmost ex
tent. Complaints Of use, aud It's abuse were louder
during portion OF Gen Jackscns administration than
ever before, or since My colleague in Congess
that time do not recoect that he then raised his voice
against this corruplins Influence: but Go recoec, that
he received pretty gond slice Of The patronage Of that
day During the same A Administration, when u hero a mi
ltary chettan, conquerof, warrior indeed who had
done bloody service with his sword your Pres
DENTAL chair, there protigious cutlery about this
same danger from the purse and The sword" in the
hands of the Executive My colleague was then a mem
Der OF this body, aud boldly stepped forward prove
. nd idicuIn in,
as the power to raise money, Qhe purse and the power
10 raise armies, Uhe sword,) both, by the Cons
tuition confined TO Congress. The honorable Senator
from Kentucky in my eye, (alr. Clay1 will recolect
how fercely my colleague contested this point with him.
and how clearly he pu, down the inference he had
roneously drawn from an EXPRESSION Of Patrick Henry