Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1840-10-31

usual in the Constitution, il has placed negative
on all other purposes for the exercise Of this pow
er thaa those particularly enumerated and then
follow those golden words in the Constitution, re-
serving to the States the appointment Of officers
and then disciplining Of the militia. That's it
tCheers) Yes, that's it!'' Read this clause, and
shea read in Mr., Poiuseu's project that the mill.
tia are to be trained by the President (Shouts.)
Look on this picture and on that. | do Virginia
no more than JUSTICE when say that she first laid
hold upon this monstrous project and has conn
ued to denounce il, till she has made its authors
heart sick, Cheering and she don't mean to par.
don it even now. mo, uo!)
As to the Sub. Treasury, the subject is worn
out. Il is almost empty as the Treasury itself.
tLaughter and ckeefs) | had the other day the
honor to address al essemblage Of the merchants
OF New York. asked them among other things,
whether all this eternal cry about a separation oil
Bank aud State, was not all mockery and hum
bug, and ten thousand merchants, intimately ac.
quainted with the whole subject, cried, Eyes, it ISL
The fact PROFESSIONALLY is, that the funds Of the
Government are Just as much lin the custody OF
the Banks at this moment, as they ever were; yet
al the same time, believe that under that law,
there does exist at Washington, vast power TO
stop at its pleasure, all The solvent Banks in the
community. Such is the opinion every, where
held by the best informed men in The commercial
parts Of the country.
There is another expedient TO augment Execu.
tive power quite novel in its character refer to
the power conferred upon the President to select
iIom among the appropriations of Congress, such
as he may suppose The state Of the Treasury most
to justify, and may give or withhold the public
money accordingly. This is certainly marvel
n Nar
the emphasis with which Mr.. Jefferson expressed
himself on The subject Of specific appropriations
The law, as it now stands, requires them TO be
specific It Congress appropriate so many dol.
iarslor building Of ships, no part Of the money may
9e applied to the pay Of sailors or mariners. But
ow mas this legal provision been treated! The
estrcton remains in the statute as it did before
the appropriations are specific stl--hut then Il
specific power is given to the President, to dis.
pense with the restrction-and thus one specific
is set against the other. Laughter. Let this
processbe carried but one step farther and although
there may be variety OF appropriations made by
Congress, yet inaSmuch as we have entire trust
and confidence in the executive discretion, that
the President will make the proper selections
from among them, therefore, be it enacted, That
what little money there may at any time be found
in the Treasury, the President may expend very
much as according to his own pleasure. Loud
laughter
There is one other topic, | must not omit
AM now sendeavoring 10 prove that Of all men
on the face Of the earth, you OF Virginia the de-
scendans and disciples Of some OF the greatest
men OF the revolution, are most called to Iepu.
diate and to condemn the doctrines Of this admin.
islration. call upon you to apply to this ad-
ninistrdtion all THAT body Of political truth which
you have learned from Henry, from Jefferson,
from Madison, from Wayne, and that whole
constellation Of revolutionary worthless, Of whom
you are Justly proud, and under this light 10 ex.
anime and 10 say whether this present only Dem
ocratic administration are the lavOers of civil lib
erty and Of State Rights, or the reverse And,
in (utherance Of this deSgn, call your atten.
ton TO the conduct Of the President of the Elk.
cculve Departments, and Of the Senate OF the
United States in regard to the right and practice
Of the States to contract debts for their own pur.
poses. Has it occurred to you what a deadly
blow they have struck at the usl authority ard
rights of the States? Let us follow this matter
out a little. In the palmy times OF the Treas
ury, when it was not only full but ovecfowing
with the public money, the States to a very con-
siderable extent, engaged in works of Internal
Improvements, and in Consequence Of doing SO,
had occasion to borrow money. We all know
that money can be had on much easier terms on
the other continent than on this; hence the bonds
OF the States went abroad and absorbed capital
in Europe, and so long as their credit was unas
sailed and remained sound, this was accomplish.
ed for the most part at very reasonable rates. Du.
ling this process, and while number OF the
States had thus their State securities ia foreign
market the President OF the United States, in
his onenip0 nessare IN C0nurpsS at the cnm.