Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1840-03-28
SPEECH OF Mr.. DAVIS.
OF MASSACHUSETTS,.
ON THE STB-TRFA supv mn

ON THE ST BIT EASURY BILL
In Senate. Jan. %. 1910.
The SubTreasury Bill being under consideration
and the Senate having evineed determination not 10
ADJOURN without takiEs the question upon tho final
passage Of the bill
MIR. Davis said I'll rise, Mr.. President with great
reluctance at this late hour address the Senate -
gued il is with unusually long session. and er
hausted by ii,s debate but, painful s n must on
treat their indulgence while make brief reply TO
the new doctrines which have been now, fbr the frs,
time, published here. and como through channels
that leave doubt ofheir being the doctrines Of tho
administration. They involve and have drawn into
this debate, great and mornenious considerations al.
feciing The most cherished interests Of the people
represent, Us well Of nearly the whole country
With the exception Of few incidental remarks made
oy me day or two ago. no from the North and
East Inns addressed you during this discussion and az
some part Of The debate has been pointed in its char
acter. and directed 20 me personally 90 il the pos.
tons assumed were incapable Of refutalion, I feel
urged by On irresistible Of duy-nay caur,ot
reconcile myself 10 forbesr from making sorse rsplv
The Senator from Mississippi (Mr Walker with
his usual acknowledged ability. aud the distinguished
Senator FROM Pennsylvania. Or. Buchanan0 70 W.
ing m ms track have advanced the proposition fbat
the embarrassmenfs and distress with which the conn
try as been grcvously afflicted for several wear, mas,
any Winch now rarayze all its encrgics are inputa
bic 20 The Penicious influence Of Bank psoer Thar
this bill contains the necessary corrective as II will
check imporatIons Of foreign goods suppyes. ,Sbst
they call the credit system. and by restoring spsci.
currency redute the wager Of the laborer cnce tbe
value Of property.
This u the character given 10 the measure Jv II,
tneHdsi and, alarming ne doctrines ore am rra,
fled that they frankly avowod have been ant;
cipaied 70 considerable extent By the Senator from
Mississippi (Mr Henders0n) In what have 10 s.v
shall however. confne myself chiefly 10 he .neech
ofiho Senator from Pennsylvania who has gone moro
IN detail INFO the subject Cor wo ell ncknosvledge M,
ability his oor. and his capacity TO DO annie los
tee 10 The subjects wbirh no discussos
do not propose follow hirn through a very i,,-.
portion OF hrs eaboTate Argument 70 prove thsf Treen
tive power has Of late been Stunned instead Of being
sought after or thai tie present end the OLD hank Of
the United States are identical. and both national
hanks. Enough hes boon ssiS On these point. ~
has however. asserted that We have ahsndonsS "a
The arguments which have bolore used srain,, A.
subressuy, because the progress Of events have n,,
cd them gnsound. Not far from IL With oib..,
entered 'als that debate. wh IN V before The pn
& Tho arguments uarsfutod sand as firm AZ sv.- 49,,
would be pfo6flsss task 70 rsi'.rsis fhsr bs,e -
THIS ihe reason why iboy passed over IN d,eus
son
Bot sir. will no; dTsli rpon any Of these r,,,.-.
but 60 10 hat in hand The Senator avs We 49,,
under distressing enbarfsssmons ed 30 we so.po a..
will have he hardwood 70 deny o. for Ell de oo,,r,
IN sorrow bears testimony 70 ~ We have n i ,,ps
seen an oeoisi'ssl g!esz ofisi;. Sui i, Asi sses