Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1840-02-03
THE sUB.TREAsuRy R,tt.

iHE SU TREASURY BILL
hHS been buried through tie Senate and now
lies opon the tabo oftbe House. where itw,I
possibly be lost. 1t is said That the tT.ns,so->
FIRE ON THE WESTERN pRAIelEs has produced
no '"t'e CONSERVATION in the locofoco ranks in
Congress 30 much that some begin to wnyer and
hesitate about thruslng The bill, specie cnuse and
all, down the lhroats Of the western Grme,s A
thorough discussion of il will undoubiedlv bc bod
and we expect to get something worth wa,ng for
from mat source. In the mean time we wish To
MAKE remark or two which onght to have nc.
cofnpnnied the abstract of the bill given in orr
S'' me sub treasury bill upon It's face sustains the
he"Vy charge which the Whigo have mnde against
'" 'n"' 7" increases to dangerous extent the Do,D
eroi The Erecutire. Observe the Eyec,,iye liz
c'u"'hg III Tie term has Secretary of the Treaslr,,-
has '
The appointment of the ireasurers md rece;y.r.
general, who are TO have the custody of the treos
ury;
Fixes the amount ind Judges Of the su6iciencv
of their bonds;
And alone has the power of bringing TO punish
ment or removing those guilty of wrong.dong.
NO'1ihg can be clearer then, than that the bin
places AT his control The whole public revenue
amounting to from lS to 30 millions wear. Wbot
ran check the President from anv ai,use or mi,
tremendous power? Ills own officers? he c,n
remove them at will, and in imitation of modern
example, appoint plant tools in their ,laces-
congress: II is not at all times IN session. and 10
HseJ, Jy the usurpaons prnctsed and justified
since The rule of(nlse democracy. roitbi, The po,,er
Of The President: who can sion any but ,yo.
Illlrds act by aveio, and prevehte even tyo.thrds
act ny PocKeing 1t. Any fair aud candid view
mat can be tnken of this measure, must force the
conviction that, to all intens and purroses. ,he
purse is taken from Congress. With nIlits influence
with all It's incaculabe power to tempt the honest
and purchase the venal even TO Law hold off
whole currency of the country, and through that
oear Tor veal or for wo upon the interest of every
occupation and oievery mantle purse is cunfded
10 The President
This is but II single point in this vast subiect-it
is however, one OF the greatest; Tor it is mint
"h'ch Involves an entire destruction of the proner
balance OF power in the government; a total ami.
hlIalon OF the old fashioned republican idea of n
limited Executive. We urge upon the uolilica
fathers tbs point: let them reflect upon it in view
ct The discussions had, and The doctrines settled ut
AMI immediately subsequent 10 The organization of
tie government. We urge this point upon all
honest, candid and patriotic men of the adminis
trallon party: We ask you to remember that the
srID-treas'ry settles prnci des, perhaps not for one
year--not for one presidential term Once adop-
tel and carried mo operation, however disas-
trous the effects of the measure it may he the work
oil time 10 repeal it, Look forward TO the lay when
men. other than your own fuvortes, will occupy
The Presidential chair: dare yon trust President.
not OF your choice, with this oven whelmipg power?
y" I'll YOU confde it unchecked to men, of whose
principles, character and integrity you know moth.
ing 1t strikes us that the changes OF the future
should not be disregardcd in docdnga matter of
so much importance II will not do, to settle II
great question of national policy, with reference
merely to the men and the circumstances ofto.dav.