Litchfield enquirer., 1840-01-23
WAsH1EeToN, Jan. 10, le40.

the venerable and distinguished senator
from Tennessee, has yielde to tne party
.war.cry in that state, and reslg! ID ms place
as Ex-senator. If this is his polltlcal eeath'
he died as nobly as ever statesman DIED.
/ cannot approve of the decision to obey the
mandates or rather the wishes ola blind and
sbieoted legislature, in resigning place
which has been filled with equal credit TO
state and the Union but cannot but admire
the nobleness of the GROWING effort Ut an
Interesting public life. e
For more true joy, MarceIus exiled fee;ss
Than Caesar with a senate at his heels"
What contrast--the political exile of
Judge White, and the elevation of Felix
Grundy! You shall see how wide the gulf
between the two men in the proceedings Of
to-day. Mr.. White, after the reading OF the
Journal, presented the six resolutions adopt.
ed some time since by the Legislature OF
Tennessee, instructing their Senator'S IN Con
press to vote for the Sub Treasury Blll-lor
all the jackson and Van Buren, measures
to oppose the distribution OF the procee0s oIA,
sing from the sales Of the pubic iands1oiu
censuring him for various votes nc had gl!-
en- IN the last Congress, opposing the adml~
n;strot;on of the ilIustrious Martin V. Baren
The resolutions were read in dils form and
order, and all possible respec. was shown to
them by the honorable Senator. When read,
Mr.. White-occupy:hg conspicuous place
in the Senate Chamber, and attracting the
attention of the multitude, for his errand was
not then known-said, that contrary 70 ms
-brv- 10 the several resolutions. ~ have"
says he, ian answer TO them all, and my ge-
neral reply to them all is that Icannot obey |
all the instructions contained in them. |
81 am instructed first, to vote against the
charter of a National Bank. This resolution
accords with my practice.
~ am instructed, secondly, to vote for the
Sub Treasury Bill. shall not comply. Be-
cause the provisions of the Sub Treasury |
Bill do not sui! me. Because the public
money will be much more safe in well select
ed banks than elsewhere. Suppose, said the
senator-(ths address being to the Gene
raj Assembly of Tennessee)-any OF your
honorable body had 100000. Would you
keep it in your own house, or deposit it in
bank and will you be less careful of the
public purse than of your own?
81 shall not vote for the Sub-Treasury
Bill, continued the senator, because all ex-
perience teaches US that large sums ofmoney
will be safer in the possession of the banks
than under the control of Individuals
Banks are responsible agents. Individuals
are not always so. Banks cannot abscond
with the public money. Agents have abb {
seconded. By using banks and individuals {
you ensure the safety ofyour money.
81 therefore conclude, for these reasons if
for no others, that the Sub-Treasury Bill I
ought not to pass. 1t is sufficient for me to
know that the public money is safer with
banks than with agents. But have other
reasons, continued the Senator. 1t is absurd
to say that we will not trust banks when we 3
receive their notes and pay them out. The
Sub Treasury Bill contemplates the turning /
of notes into specie and the locking up Of +
the specie. We have seen it here in the i
practices Of the officers of the Government. .
For every one hundred dollars receive h
can get $lO6 for it at the brokers, and with =
this SlO8 pay my tailor and my landlord.
The effect of this Sub-Treasury scheme, r
therefore, is to drain US Of all the specie we Z
have. sy -, .
"Again, said Judge White, warming in his r
subject as he progressed, the Senate also CIV !
ing the most respectful attention, we might !
as well give the public money to the Execu- r
tive as to Executive Agents wholly, under his q
control. The President here is supreme +
He wills and it is done.s afs
"Iastly, will not vote, said Judge White,
for the Sub-Treasury Bill, because it is a
Government Bank of the worst character,
bottomed upon the funds of the Government
and attached to the Treasury. 1t does what
General Jackson said should not be done,
when he declared that the money of the I
country should no more be locked up than il
its arms. know that all who oppose this y
scheme are 10 be denounced, and denounced, c
too, as bank-bought FederaliSts, and that will | 4
be done boldly, too, in the exercise of that s
Executive will, which is equal to the supreme :
law OF the land. In these views Continued s
the. Senator to the Legislature) may be g
wrong, but cannot conform my vote to your '
wishes. ] cannot and will not obey the re- J
strictions contained in your second resolu- !
Aion." MIR. White in the same frank man I
ner proceeded to answer the third, fourth,
fifth and sixth resolutions, condemning him
for the measures he had supported and oppo-
sed. The third resolution in bitter and i'm.
prudent language referred to his opposition
to the Report of Mr.. Wall, Cast winter be-
fore the Senate in regard to the freedom of
elections. Judge White said, after examin-
ing the object and propriety of Executive in
him had but censured jefferson and jackson,
who had been his teachers. His next SUBJ
ject. They condemned his colleage also,
who had said that whenever an officer was
interfering in elections, he was thinking of
his salary and his bread, and was therefore
an unfit adviser of the People. They con-
demned, too, their former professions, for
they had once approved of what he had u.one,
And yet now am called traitor, said he, a
Benedict Arnold, even when associated with
men whose association should have softened
at least the asperity of my condemnation.-
(All eyes were fixed upon Mr.. Grundy here,
and were there for moment or two fixed
upon him as Mr. White remarked, that he
-enNied no man who could hold an Office in
opposition 10 such principles.) The sixth
resolution was then briefly examined, It.
instructed Mr.. White to be worse than a
slave upon plantations, and told him to- sup.
port the principles carried out by Martin I
Won R,,rnn ard General TAckcon 'Srr ~,,,,h