Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-09-01
No. :33.--VOLIME XXXVII.

supporters stand N relation ii; IN Congress IN 1871
when the Pc, Bank scheme. il termed, the
ban'.inr Of the Administration in power It was aSsal
I'd with That violence which usually chaacterses
opposition: VIM. f. Gordon, then in Ii" Wing ranks,
and member from th, Alarmare district, brought IN
bill organizing the SaD-1rrasury system sub
sttu'c for ri plan of the Administration. Here was
us fir, Inception the bill voted down, and u was
thought at the time that Il met lt> dcteat-mnrc from
The framing of the bill itself than from the principle it
contained; hence Mr.. John Robertson the member
from this district, who then and IS Wing,
moved 10 rrcommt To the Committee of Ways and
Means the Dcposltc bill, with instructions 10 bring
IN one dispensing 'ch ME B0nhS in the fiscal al
mn!s tratinn o. the Government; and who voted for
his proposton:-all the Wings il the II. Of Rrpreson-
tatvrS, ~ in number, and Democrat Here are the
names Of the Wings:
Ner.-Mrss; 8 a. Adrm., A. Allen, j. ,len, Chiffon ~
Bats i"hn Hr ha}lIs. al Beatty En"ey ,, Brig, in,-
i na oa%| G Ir ro Gaso5"e CIaFf E"n
Dber Drnny, Dickson Evans. Eye;cti, E~ ns Fillmore, fn
I lsi n%'i :a Si," Stew" " sks5 AK: hRss
ZONES, cce I"y Lincoln L%yr, Ma!%das, Marshall; VIC
Pickcn PotrS. J. Reed, Robertson, " H. shepard siadr'
yrnon Wa,mongl, Wide L.. Williams &c Wilson, Wise,
| Young.
/ What said Mr. B w. Leigh, one ci III" most violent
IS the Wing party, then known: Hear h'm from his
letter published in the Richmond Enquirer, 2Gth Sept
/! ls3i, in reply TO a committee Of his friends:
"y Judgment, indeed also opposed TO that broad system Of
many o'- pwr- been derived the Federal legislature
recently To The Fr.rl Executives winch latter has advanced
ever brf,r, heard oi. In opinion, fran
nj me h, no .!nu.ht III any Gank agency whatever
FEDERAL facilitating the operations OF the Urea
for csuan. and nat I" administer IL"
t. tie nt.nt"n OF it. founders, III" Treasury ouch: 10 be divorced
from ali Non wsih banks, STAT or Federal
THIS certainly, Mr. President, most clear, most un-
equivoca language: it contemplated in the
opinion of this learned gentlemnn that the Constitution
was to confer "iic power To- charter Nationa! Bank,
that "ihe Treasury ought 10 be divorced from all con-
urxion with banks 5 ate Federal. THIS was, mark
you, Mr.. President, I-:I, bcfore the meeting Of the
legislature; i, the period of most intense cNcc-
mcnt, caused by the removal %! tn" drpnsltcs The H.
nancal of the country generally, was the VI
tai topic of the dav Mr. Leigh had expressed his opn
ons upon the dirOrce If c G0rcrnwsnt from al L0ntS
~ The strong language have mentioned. Still, SIR in
few months after he elected 10 the Senate of the
L. s by a Hhig legislature bat, what IS the language
of this gentleman subsequently, AZ to BE- found IN his
speech delivered in Petersburg, 18th Oct, lc50:
AS the place Of d"posltr OF e public treasure ct NE ncd
States aud disbursement al 1t, Mr. Leigh had
rrtrn! "n1'ra ~ ,' ""' f -. w"IJ ,c tna,
Treasury would he dyorccd f"m all connection Mh any
by Mr. Gordon, At the last session OF ,"srrs ana thr
hint Of II IN tGi" Wns grsm by VIZ IN , ,,r, !" ,
wa. simple enough. Let General Treasury Office b" established
Onet the management OF Treasurer,
aud local Treasury established in each Of the states, as
be- conveniently under ,' management Of Assist
and Treasures Tor the faithful performance Of their
pr.iIc dtit--d III these nncts y. u
should power The Secretary Of the It"aSn
to remove redundant office another whcr"
should ren'r them t" be d'.ur,"d IiSr power 10 '
Treasurer Office hr should think proper,
guarding power by suitable aud sufficient checks make ri
cent under authority law bidding "iany person whatever,
md embczhInent aud felony ~ any Assistant Treasurer
10 purpose lend 10 other pay away any mo
ny except warrants drawn y the Treasurer under due form
Mr Leigh said he hopes would be adopted; be-.
friends Of the State Banks, the friends OF National
would all he opposed And the nation would not
be 10 up the profits "i The sum d IN 10" rsnnmr'
active capital IN The interval be"t%m Gr s"se" ann aI
A. >trcn,o.y Congress not dpo,ns
surplus 10 the tan" :" millions At every session. b'
objection Ia 1t. drgameHtnm al honc" Ia
him. ia" scheme wnnl give the custody I" t"
public treasure President, which these objections init,
mated wa> the very he affected 10 hold In such dread
But th obroH. c y tir Srtene 'o"M bs 10 take
N, pabic gihr cuiy and control u tie Prtdnt
Could the indie pendent Treasury bill have a warmer,
more saunch advocate; rhat the hHc pIincipcS 81 he
Constitutions accounting 10 thc intention ~ as JTamcrs
would require that the Treasury should b" divorced
from all connection ,riM any banf, State or fcdfrm
"Bur TnE onyIous EFFECT OF THE SCHEME T0"fd DC,
IN ke ihc ir,aSHrc Of tie cuEtody ANp CONTROL or
rur PRrsIDE>r" "iir had no hopes that 1t would
be adopted because the friends of the State Banks The
friends Of National Bank, die trsndS If EIec"t'rc
rlS 10 pOrtr Orcr tic Cd%Hfy, Wouid al nc opposed
to H..
Where do we find that chas'e and consistent jour
nal the Richmond Wing. The SENIOR Editor of II,
not content with the power he could weld from tue
Ed
fence IN most raauraic article under his own name,
John Uampirn Peasants from which quote Hear
him: "The Sub Trcas"ry Scheme, mere chh "i re-
risatinn which may be trird onc gear ma msc"FdtH
The merit and which, TO try or not to try at an does not
nfrnre upon The COaSiuliOn-docs not unless by IN
drrcou not of necessity, touch those radical qurs-
tons either Of principle or an honest, pracca h'ih's
ra0n Of the Government winch, as tiey are !d'o'
ally or unfyorabv resolved determine the proulen al
our ypcrir,cn, in free government This, SIR, IS m
the ana tells WIN
rr,a f,rce in one important partcnar-tat Is MS not
bcnG measure obnoxious To the Constitution, rhtch,
N ar NIT IN try al Ill., d0cS not infringe upon IT.
Mr. President, Mr. II. stands now arrayed against
himself upon this experiment., he rs, by the way, upon
almost all THINGS upon which he has expressed opinions
Hc stands arravrd aaarnst Mr.. Leigh; against the
great rnoui-pccc of the parly-nay, SIR, against the
whole party when the measure was one OF Metr oen
nrnpns:nr But now, Sir when tins very scheme
S carried out, and adopted BY the Republican pm
In. all the value inherent in it, all the beauties 1t
possessed, have changed 10 bsghtng and dcsnia'-
inr consequences; to hide"us dei"rmity' Hheh
Hhis measure .thr effect of the scheme would be 10
take the public of the custody and control
or Tho President" N1r it's strengthen the EXecu-
tive arm To make il amos; omn pntrnt--lh'h ~ r"h@
MT be paSSrd, hec0nsc SHE jrt,"4S q E1ecnee o"mS
10 powsr 0rer the Treasury would "be opposed 10 u;
V1r !, il passed thereby showing that the Executive
claims to power Of they did exsD are TciHTcd, inc
President is accused of carrying 1t by spirit OF tx
ecutve dctaon, simply BECAUSE IN accordance WIN
the Constitution wh Oh lie has sworn to support, ana
WHICH saws ale shall from time TO time give TO the
onreas information Of the stale Of the Union, and
omm.udf 10 their consideration Smth measures as he shall
;vJoe uccessary nud srpedicnt Yes, Sir SIMPLY be-
cause he has discharged this duty. What else was
he 10 do; What else could he do: BANK OF
,Le Tinted STATES was out of the question He
was elected as the known and avowcd consti'u-
asael opponent Of such an institution. The State
Banks had suspended specie payments, largely ndebt-
ed to the Government He could not oFcourse, look to
them he naturally looked to that measure which had
been in agitation years BEFORE ma" by his friends,
bu, bv his opponents; measure which MIR Leigh tells
you Mr. Jefferson was the first to suggest, IN letter to
Mr. Gaatin in 1868. 1t proposed IN lS:i1,--
Then each session Of Congress since, the Pres'-
dent has alluded to il in his messages in tone calm
and conciliang, and in manner profound and argn-
me nativc always manfestng the greatest Difference 10
the opinions of the representatives of the people
These representatives pass it, rhec,ins no doubt me
will of their constituents; yet its passage IS now graVry
said 10 have proceeded from Executive olc'at'on sn'
oI,r Jctu