Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-03-12

lti' obviously important to this branch of the pub
NC service aud TO the business and quiet of the coun
ny, taa' the whole subject should, in way, be SET
Ne amt regulated By tu~ and if possible, at your pre-
sent Session
Inc result being the at the extra session. the
Executive and officers under him. were once more left
% Inc exercise OF their discretion the NATTER and
'ngs so continued until the session Of 1888, when the
message was communicated which MIR. Riyes has made
S subject OF so unmany and dsingenuous criticism,
FATHER, perverson. We give the passages from that
message pertinent to the subject:
Ny conviction of the necessity of further Legislature
ForoHs for the safe keeping and disbursement of the
ao'c moneys, and my opinion in regard TO the mea-
urs best adapted TO the accomplishment of those OBJ
ec's, have been already submitted to you These have
eh strengthened by recent events; and, in the full
aVchon that time and experience must still further
snons'rate their propriety feel it my Duty with res
Felni Difference TO the conflicting views of others,
'=s,n 10 invite your attention to them
. van the exception of limited sums deposited in
we lew banks still employed undor the act of 1896, the
.,0hs received for duties, and with very inconsde
- exceptions, those accrung from lands also, have,
' Inc general suspension of specie payments by the
"sPose banks, been kept and disbursed by the Urea
~ 4"d'r ms general tegai po,eers, subject to the su
p.'a'endence of the Secretary of the Treasury The
m' nercsc IF this ride scope Of Ereeutire DIS
''''"" "as Dec" a'r,ady submitted TO Congress"
Inc whole subject now rests with you, aud can
UG express hope that some definite measure will
a0oP'ed al the present session.
:. II Will not am sure, be deemed out of place for
mere 10 remark, that the declaration Of my views
opposition to the policy of employing Banks as de.
.,'oes OF the Government funds, cannot justly be
-s"uFd as Indicative of hostility, official or per-
M those institutions; 10 repeat, in ths form,
b :" connection with this subject, opinions which
uniformly entertained and on all proper occasions
n ,S Though always opposed to their creation
~. ''m OF exclusive privileges and, State ma
aiming by appropriate legislation to secure the
,;oa.i against the consequences of their occa-
,b.'' Encouragement, have yet wished to see
i, projected IN the exercise of rights conferred by
~ a"u nave never doubted their utility, when pro-
XVII managed, IN promoting the interests OF trade,
trough that channel, the other interests of the
Nm, ,'Iu"ay To the General Government they pre-
themselves merely State institutions, having no
ns,,sy connection with its legislation or is admi-
BE- nsaS Like other State establishments they may
men, Or not IN conducting the affairs of the Govern
uno public policy and the general interests Of the
pr,,o.. may seem 10 require The only safe proper
ye,nns 'e upon which their intercourse with the Go
,b.; can be regulated, ia that which regulates
,,p course with the private cilizcn-the confer
sct,r =. mutual benefits When the Government can
gsnIapsn financial operation better with the aid OF
Al. ah without, it should be at liberty to seek tina,
would De the services Of private banker. OF