Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-07-23
TWENTY.sEvENrn coNGREss.-ls. Session.
Fiscal. HANK OF THE 4. 5


SPEECH OF Nix BENTON, OF MISSOURI.
In Senate Wednesday .Juiy Z, lSil-Un The motion cf
Mr.. buchanan 10 strike out The words "Dstrct Of
Columbia from the FIRST section nf the bill 10 moor
poraie The subscribers 10 the Fiscal Bank Of the Y. 5.
Dir. BENTON was in favor of the motion 10 strike
out the words mentioned, for he opposed above all
,hhgs to have the management Of this Bank here At
washington city. Ii would complete its capacity as a
poi'icai machine IN the hands OF the Administration,
ruling aud corruptng the Congress at the same time.
hrse nine managers at Washington will be lie nine
lorcs Of the Treasury, living at the seat Of Govern
heh'' Always arm IN arm with members CT Congress,
anu giving tilem sunptuous entertainments every
hI4ht lhcy nave salaries, such the Stockholders
will allow them, and the stockholders will doubtless
see their advantage in enabling these nine lords 10
entertain a.nicently, especially as the United States
pay heavy part al il. The pay will came out o.
lie people, Tor II - to Come out If the Bank, ana
the Bank ~ to be built up with public money! and 10
&c kept filed up with public money. Besides saa-
res, they Will have their expenses and perquisies
their dining inndthclr presents u pale-their o.icr,
and iis parapharnoa- grea, building with tran
OF clerks messengers, and servants oil al the cxpens
ii The people. Tn" danger Of these nine lords Of tie
Fiscal Bank have been already csepiified when CON
grrss aud The frs. Bank Of tie L. ;. together IN
Phi!adcp a. the Bank directors ard the Federal mem.
bers Of Congress always acted togcther-tiiey made
what laws they pleased twisted and tortured The Con.
s!ilnton In!n what they p!easedand set the people al
defiance. Mr.. Jefferson has gwen ny some view Of
these wrctcIcd tlmcs-ihc fruits OF the icentous
union between Bank and Statc-nnd will read pa
ragraph from his works Il IS IN tae .ia, the end
II tie fourth volume. Ii sustains most fully tie view
which the Senator from Pcnnsy lvana tAlf. Buchan-
any took al Ibis corrupting connection, and may lie
well read as an Illustration Of his argument. Mr.. JEFF
tcrson says
.Wlr i,r Government iiqar,i n Philadelphia.
II members II M llon>, ~ Congress were constant! ke =
directors, wha c,r'y frua interesting Z" iai Institution
= IL t' u M Federal head vied q Ne "li - 'i'ai
head, AMI, together wan H." ~lpt k'hna m'I5~ r"d ~
Ways MAKE l!r Federal head a :" The maJori,y rs tS coin
hia"n legislative r,.-..nm- given 70 N" ,ons'lttie'
aud All 'r administrative law shaped on hc nod' -
England and passed And :ru: lh influence We m'fr n"t
4 rS"i nnn tie removal i"m the frGirs u Tie BANK I"
Washington
This, said Mr.. 3, is The voice Of cxPorence-the
voice II J.i!crson-an wit.rss Of what lie relates
and relating villa; lie for the benefit Of posterIiy
lie wrote Tor our benefit and shall neglect his
warning voice lie tells you that the Bank directors
and the Federal members Of Congress, acted together
while the Bank and the Congress sal III the sam" place,
and That there relief from the banciu! influence
n; this corrupt combination until Congress was re-
moved from Philadelphia. THIS N the year l-oO-
say forty years ago. The removal vas then reai--he
travel between Washngo and Philadelphia was then
SLOW tedious and cxpensye il is rapid easy, and
cheap: still Philadelphia and y York, accessible as they
members Of Congress- too lar oil to answer the
purpose Of the new Government Bank, and, therefore,
the directors mast be brought to the city OF Washing
ton and placed in Immediate communication with the
President, the Cabinet, and TIE Congress. The nine
LORDS of the Else viii be Treasury board here they
will s,t the council ANA instrument Of the Secretary
If the Treasury They Will he political, wei! IS
noEcyed board and their influence will BE- felt III Con
g-rss and IN al the business c tic country And who
wlil compose this board: Who val these nine lords
be- The bill yerY cautiously, most carefully, provides
that they shall not he members al Cungress-members
III the GnyrTnmcnt-nr The Government contractors
This is pretty, very pretty indeed. Members and con-
tractors are excluded bu. the exmembers ami the ex
hat n
EXPIRATION Of The OF serglce-remoges the dlsabll-
IT, and Qualities The member the contractor 10 be
come one If the board, And ot such vii It be com
posed! Members val resign their places or decline
c,ona, 10 hcco fiscal lords. i'll w be Tie highest
piacc 10 ihe NOR the most splendid and powerful pest
n Tie Union, lin. Presidency only excepted You can
l.populate the two houses Of Congress with such oi
.cs-vnu can pick and cu!l the Union with snch
Temp alton. What Is IL power over money and
potics-a power bank Of thirty millions, 10 Be
10 fifty mlons-a residence at Washington
"a power over Conrrcss-sa palace to ive III
crowded with suppllant expec'ants
Such will be the new Offices and who can refuse them
Sir. lhey viii be eagerly iurousy, sought, The IN
.umbcns viii be poliiicians-od hacks Prostitutes
worthy 10 grace the political .hagdaltn hospital. OF
which they will be the battered and worn out inmates
Nj b. secuted tie whole idea Of this board of nine
directors at Washington city Bad in ITSELF tins board
yas conceived for fraudulent purPosc-ior fraud
m the Consliluton-to cheat the poor Constitution
,ut Of IFS objections a Bank II IS for fraudulent
,urprsc-it IS To make the Bank consiitutona-lo OBJ
,,e conscientious, nhiecons 10 lt-hat this new and
engine Of political and mnnryed corruption
81 board al Washington INTERCEPTED into this charter
The Senator from Pcnnsy lvania Mr. Buchanan IS
rht in charac,erizing tbs proposed Bank Urea
;ury Bank ii is Treasury Bank IL c:rry way III
which YOU can II. IL : IN he butt UP WIKI ~"
ury money all the taxes and duties are !" TIC rnt
y y 70 W ',,e i.., t. h. under The supervi.
c'"'se ~ w nm, = - sov lords of the Trca.
',"n = m , ss,,,nn.5 here where the Government,
~, ""n ,.,i,y ~ name i Treasury It's name
: a,l ,yha, : ca but belonging to the Trca
.rs il i lrnm The latin adjective fsraiis, and sign
g.. Loonminn 10 The Treasury rise is Treasury,
".a ~, ,,,,n ,onn f<cus The French say ESqre for
TTcasnry from The same nom F;scs and asccii> are
Fan, ,I... Greek pLasLos. and pha>ka'oS The prim:
" ~ H. C-ock ! In, haskell, aud belong.
w .i, - a,o commonly called hanapcr, or
-. i,sLc, Tins i N, prn.:,iye sense: the fau-
~ - n,a, ior,rnI sense i treasury and belonging
n IN, treasury: and lie reason Of this melaphorcai
sense is thus, ta, anc;rny governments collected their
axes as the priests did Their tyhcs and rs many land
ords now collect their rents, that i 10 say ~ kind