The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1841-12-09
Fren q, Rlehmeaa Wlig, Nog. la.A.
THE NEW FISCAL AGENT.


No two members Of that precious little
squad, yclepl the " Ierfigm Qaids," can
agree upon any scheme, aud they are oil
such conSc isntiogS gentlemen that they ne
yer support any thing which does not ex'
acily sqoIre with their respective abslrae
uoBs. One can go nothing but the special
depos;ie, another IS for q Bank non per sc,
THIRD IS for q National Bank year or
two hence. aud fourth Is against every
thing. Ills ESceiency, therefore, will find
scne difficulty N making out system from
his Cabinet improper. As 10 his Cabinet
proper, the same contTarety Of opinion is
understood TO prevail. Mr.. Spencer goes
for prodis,ous monster, founded upon the
public lands, 10 be owned by the States
MIR. Cpshur iayors a Banking system,
which VA! operate .siihout specie basis
something OF an imaginary non entity, or
suspended abstraction. Mr.. Legare goes
his death for the Pet Bank system, and IS
particularly ayerse to any thing that sayofs
Of " back broth and an iron cvrrency,-
Mr. NIckhtle will be content with any
thlng-Dot Incompatible with bis continu
anee IN Office. The President declared at
is reported, in New Kent, that he would
establish "a aetr aaa erferded SAb Trea.
sury system" MIR. Wea..er will doubtless
see 90 cause TO differ with His ExcellsGey,
and viii cordially concuT silh the Wing
President, the Wing Cabinet, the Wig
Congress, and the Wing People
As 10 The Laco.ooo branch OF the con.
Germ, they seem TO be pretty nearly as fog.
gy and confused as their official colleagues
las may be inferred from The sgtio,ned
very pefspicacious paragraph IN the last
/, hmnuIref. The man who can UAriddie
/ puzzle. But the whole matter Is III Gliarse
OF The Ceahuon-and we await patiently
, The result Of their labors.
From The Richmond Enquirer
! II a National Bank, then, be OF, Of the
question, the question resUFs, wha, species
Of Fiscal Agent viii be recommended BY
The Chiet Magistrate ~ bis next Message
/ We certainly cannot undertake 10 saw
We know, that be has various schemes b..
tore hlm-that ne has sought for lniorma
Iion lfom various Caarters-and that seye.
! raj prWeis hive been submitted to his con.
slderalloa. We admit that The problem Is
somewhat difficult Of solution; and we can
only wish hun safe delperauce from the
enbarfassmeuts by g hlch be " surrounded.
i5li, wnnou! undertaking to Law down the
specifications Of any char. to go.da his
5aFqls, ge hope that he viii avoid every
species OF Corporation or partnership be
tween the funds Of the Government and
any such Institution. We would respec;.
fully advise him TO propose no scheme,
"hich canRo, be codlied, changed or ex
plunged, according 10 tic lights Of experl.
eHce aud tho pleasure Of Coagress-lo re-
commend no charter, 20 corporalion-to
sdun the rock on which several spit dur
ins The last session, of attempting to DO m
directly what cannot be done dlrectly-to
establish % Bank ~ the District, for the
purpose OF throwing branches INTO the
States, with their Gssent-aot TO patch up |
tae present Banks in the District, and EN- I
BODY them into oue great corporation, with /
q capital oi millions, Tor the purpose Of
constituting i, as the Fiscal Agent Of the
GoIernment, as has been proposed to MN.
u Soald ue the height Of folly, 10 attempt
10 build up new edICce upon such old aud
shattered ma.erla.s--ia say nothing further
o! The irresistible objections, which NAV Be
urged against such a proposition. We
trust IN Ike manner, llat We shall have DO
large moued corporation established at
Washing,on-wdlch may exert a recipro.
ca! tutilence upon the officers Of the E,xecu
i've or The members Of Congress There
you'd 10 corruption 10 Its very touch. We
Trust also, that il q paper medium 10 to be
osed Tor fiscal purposes, in The shape I'll
Treasury notes, or certificates Of deposit, in
addition 10 gold and silver, that one or II,
essential elements should be It's conyertibd. /
tiy into specie. We wait, however, calm.
~ wait, for the unsealng Of the book, on
the first Monday Of December. In the
meantime, We have to mention another
scheme OF Finance, which has heen aired
dPan Mr.. TyIer-but We hope without any
success. II lis said TO have met the concur.
leuce OF NJ John !. Spcncer--bgi II viii I
require more than his industry and shroud !
ness TO make i acceptable to tho American
People. /! Is thus set forth IN The
c9rresPsaaeace If the Salsn Cq-e,,e 20 inst
=" WASHINGTON, Oct. IS, 1911.
Dear SIRIUS place IS scarcely the
ocus Of interest at present, that il will be
* weeks from TO day when Congress viii
pen its session, and all eyes be directed to
ne President who, 10 lis irsl annual ues.
age, vi! promugale tie views aud policy
'hch are to direct bis administration.
Whether any, Of what plan Of Ma
.cnal Bank viii be submitted, seems, in a
orion Of The country at least, 10 be mat
ar Of torturiag uncertainty. That the
resident mas ban N preparation, how
yer, IS ASSERT b. his inmates. On The
uthatity Of one II them, the following IS
laied to be an outline Of it. |! is sad to q.
Q drawn up by a man Of much experience !
fiscal matters, and go far meets the
pprobaion Of the President, tina, !, will :,
robabIy form he basis Of the project 10 be +,
To Cougress nv him IN b,s