Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1840-08-25


Assembling of llr Senate .hui ia al such ca
srs thc PtusiteH. si,uuI O. hYund 10 c1wmg-
nitrate iulIy 500 gu9ri and motives Of tho
disfuissiou I'e power would 10 thus cu-
dcrcl nypousla.e. Nghogi ~ Inc cEer5 sc
81 the toKcr - uucny icpDg ssui 10 rec IN
Niiafions,h c lasis Of which = porfect respon-
ability, AMI dangerous 10 TIC public liberty,
- has tocu sl-csdv shown.
f,h That tho control over the Treasury or
tic t'mtcf states should re confici and con.
hncl and exclusively 60 Congress. an all au.
ihofty 81 iho rfcscenj over It, by means of
dismissinc the Secretary Of the Treasury, or
other persons h1Nng the immediate charge Of
u, be rigorous prccludod.
You have holrl much, fellow citizens. or
the divorce Of hanks and Government AZ
ter Gripping them and Inpairing their utility.
the Executive and its pariisaDs. have system
aiically denounced ihcm. The Executive
and the country were warned again and again
of the fatal course that has been pursued; but
the Executive nevertheless persevered. com
mencing by praising and ending 10y decrying
tho State banks Under cover of the smoke
WHICH has been raised the real object all along
has been, and yet Is, 10 obtain the possession
OF that money power ol the Union. That ac-
cumplishcd and sanctioned by the People
the union OF the sword and the purse in the
hands Of the President cilectually secured
and farewell 10 American liberty. The Sub
Treasury is the scheme for eiIec,ing that union:
and. am told, that OF all DAYS IN The year, that
which gave birth 10 Our y aiional existence and
freedom is The selected day lobe disIegardsd by
usherine into cKis,ancc measure imminent-
ly perilous 10 the liberty which, on that ami
versary, VIC commemorate IN JOYOUS festivals.
Thus. in the spirit of destruction which ami
mates our rulers, would they convert day of
gladDoss and of glory into a day OF sadness
and mourning Fellow citizens. there is ono
divorce urgently demanded BY the safety and
the highest interests of the couniry--a divorce
oi tie President from tho Treasury of the
Uniicd States.
And 9th. That the appointment OF members
OF Congress TO any office, or any but few
specified offices, during their continuance in
Office, and Tor orc year thereafter, DO prohibit
ted.
This is a hacknoyed theme, but II is not
less deserving serious consideration. The
constitution now inierdc's the appointment OF
\ member ofCongress to any office created, or
tho cmolumcnis Of which had been increased
Wills, hc was ia office. In the purer days OF
the republic, that restriction might haze been
il is necessary, by an amendment ofthe con-
s,iluIion, 10 give the principles greater extent.
These arc the subjects in relation to the
permanent character OF the Government H.
self, which. il seems to me arc worthy of tho
serious attention Of the people, and of new
Administration. There are others of an adj
mins,ra,ivc nature, which require prompt and
careful consideration.
Lei Tho crytancv nf ,bn couptrv ifs ef
bil,y & uniform value, and, as intimately and
indissolubly connected with it, the insurance
of the faithful performance Of the official SER
vices necessary to the Government, should be
maintained and secured by exercising all the
powers requisite to those objects with which
Congress is constitutionally invested. These
are the great ends to be aimed at-the means
are ofsubordinate Importance. Whether these
ends. indispensable to the well being of both
the People and the Government, are to be at
tanned hy sound and safe State banks, care
fully selected and properly distributed, or by n
new Bank OF tho United States, with such
limitations, conditions, and restrictions as have
been indicated by experience, shond be left
TO the arbitramont of enlightened public opin-
ion.
Candor and truth require mo 10 say that
in my Judgment, whilst banks continue TO e1-
is, in the country, tho services OF Bank OF
the United Stltes cannot be safely dispensed
with | think that the power TO establish
such bank is a settled question; settled by
Washington and by Madison, by forty years
acqwescence, by the Judiciary, and by botf
of the great parties which so long held swa,
in this country. know and respect the
contrary opinion which is entertained in this
State. But in my deliberate view of the mat
ter tho power to establish such bank being
settled and being necessary and prope
power the only question is as TO the exped
/ ency OF its exercise And on questions o
mere expeaiency public opinion ought to hav,
a controlling influence. Without banks,
believe we cannot have Il sufficient currency
! without Bank OF the United States, fea
/ we cannot have a sound currency. But il i
l the end, that ofa sound and sufficient curren
cy, and faithful execution of the official du
ties of Government, that should engage the
/ dispassionaie and candid consideration of tht
whole community There is nothing in thu
name OF Bank Of the United States which
has any magical charm, or TO which any ont
need he welded. 1t is TO secure certain grea
objects without which society cannot prosper
and IL, contrary TO ms apprehension, thesi
objects can be accomplished by dispensing
with the agency OF a Bank ofihe United States
and employing that of State banks, all ough
to rejoice and heartily acquiescc, and non
would more than should.
2d. Tia, the public lands, in conformi,
with the trust created expressly or by just i'm
plcalions, on their acquisition, be admins
Tered N , spirii of liber,liiy towards the ne'
States aud territories, and in sprit Of jus
tice towards all the the States.
The land bin which was rejected by Pres
dent Jackson, and acts OF occasional leglsls
-. nm ancntnnLlaL LnIh tnnsn nhlecls