Baton-Rouge gazette. [volume] (Baton-Rouge, La.) 1819-1856, 1841-12-25

Fhthss -EKaA#A --1+
sarv to secure the fidelity Of speh agents;
Ii ind, BY Wise regulations, keeps pla'nlF
upart from cueh other, pfivatoind pubic
I~alnis. Ii ~contelnplaies the establishment
ofa BOARD Of Control, atthc Seat OF TO-
vcrnmcnt, with agencies Mt prominent
commercial points, or wherescr else Con.
grtets sholl direct. for the saie keeping and
disbursement ot The public moneys, ana a
substitution, ut The ontion ct the phh'sc
creditor. Of Treasury notes, - lieu o. gold
and silver. 1t proposes to limit the issues
to an amount not 10 EXCEED @l5, nDO,uJo
without the express sanction 81 n Le-
gisiattve power. II also authorizes q 'e'
| ceipt Of individual depositcsof gold and 81
| yer to Il ~lttftitati amount, aad gri,niihf GER
~titirates Of deposit. divided INTO such sums
, as may be- calItal for by the de po*itoff'. 1t
| proceeds n SCI, further, md authorizes IN"
purchase and @nlc Of Domestic Bilis ari
drafts. resting "a u rcal and Substantial oa.
via Davabio 1T sight. ~ having bht u short
time to ran, and drawn on places not l'ss
than ono hundred miles apaft--wf1ich an
thorlty, except SO tHr ~ may b necessary
Tor Government r''rpnst" eNctnsisc',y' IL
! only ~ he eserted ivon the express rondi-
| ion. that ts e,ert:lrsr shalt not be prohibit
! ted by the State in which tho agency ~
situated. ..
Th, reader will at once perceive that hero
| iz n, almost ~prrfect outline Of u bank. The
| yr1ul diRtinctn,t IL u, leavtrr tho manage
! tncnt of the concern 20 h body Of men who, rs
they Will be ~eIectni by politicians, viii in1Ht
probably be elected more OH account Of itclf
~,,ollfttlI creed. than u consideration of Their
financial qh,lIllllee. Tint board Of control 's
clearly y board ot djroctco, TO be elevated OF
dnpoeed ~ thn viii OF government; thtis ren@
iering The connexion 81 the lnstlt itio, with
governmental interests. fur more immediate
than could possibly he. Vi the institution were
incorporate. The President declares his wish
to see the purse and sword separate. II 9ucii
were really his desire nothing could he more
eas,lv accolpllsllna~-tst this ]sctlCn5s. 10 our
comprehension, indicates a very tenacious
disposition to retain in hand the draw-strlngs
ofthc former. whatever becomes OF the latter
Tho president. while t%olrhing on state
debts. has his thrust GA every man with any
DFEtEilElttis fiHEiiF VIVA nv ~ ''S"
sIppt.) 1t reads AUS; 3 .5s.u... a.
''s'nr the debts t,1ta contracted, The
States ara alone Responsible. | can do
no more than express The belief that each
State will feel It's, II bound bv every on
sidcrnt,on of honor. ~ we'll as interest. TO
meet its engagements with ~punctuaIt.4.>
R,tere lrc is made to the contents ut the
reports Of tho vafiona secretaries aud post.
mlstar general, MI Of which VIC shall in due
time n'tice. The power Of removals iroIl OF
fee, IA vested in the President, IL thought to
be TOO grea'. and a c%l,rtailment thereof recon-
meaicl. TO lis. such propositions appear a
leefis too patriotic, and we have always r..
marked that those presidents who called most
Justify for 4 ditnin1tin1 Of their own constitn-
tionai prerogatiees, have been the very first to
abuse the powers luvetrhed against. Like
some over v~lrtuouE mldcns, who tcclalm with
pioua teryor agaiaet the privileges that guar
antoe Il social, proper intercourse between the
sexes. there are ftncfionarlcs who appear lt-
capable of using witoJt abusing kfhe most
wholesome lnyo3titures Of of'lcn. SO may It
not be with Tyler.