Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-12-09
tuic
'riIE MESSAGE,

We are pressed for space, even more than for time,
and we can dedicate only a passing remark TO the con.
tents of Mr.. Tyler's Message. Inc style and sp'rito Of
this Paper are both excellent. lie touches at some
length upon the questions which have arisen between
En9land and ourselves. lie luys before Congress Mr.
Steyenson's Correspondence on the British claim OF
search of American vessels in the African Seas and
thoroughly supports the great principle, supported with
20 much force and dignity on that occasion by our late
Minister. He also lays before them MIR. Stevenson's
Correspondence with Lord Palmerslon on the Rice
Question but withholds, for the present, his very in.
teresting Correspondence on the Caroline Affair.
He squints rather %obliquely, at the Protective Princi-
pie, when he says, $50 also The Government may be JUS
tilted in so discriminating, by reference TO other consI-
derations OF domestic policy connected "tM our n'dnujac-
tares." But in the next breath he adds, $50 long as the
duties shall be laid with distinct reference to the 1cantS Of
the Treasury, no ,crH founded objection can exist against
them But lie warns them OF the effect OF passing
the 20 per cent. limit, from its effect in annulling Dis
tribulion, VIZ at might be esteemed desirable that no
such augmentation of the taxes should take place as
would have the effect Of annulling the lands proceeds
distribution act Of the last session, which act is de-
clared TO he imperative the moment the duties are IN
creased beyond - per cent, The maximum rate es-
tablished by the Compromise Act. Far better would
it have been for the Chief Magistrate TO have said
at once: Gentlemen, repeal your odious and ab.
surd Distribution act. Take back The money you want
to that extent relieve The people from taxes or from
debt-Reirench your expenses 10 the most economical
standard-and if then you WANT money, throw your
selves upon the good sense and liberal consideration
Of your country"
But the most important part OF the Message relates
to the Fiscal .igrrcy. MIR. i. goes as strongly as We
could desire him against corporate p~rirnrscs. lie con-
tends with great distinctness aud force, against the
adoption of any scheme which is not repealabie ut the
pleasure of Congress. In these positions lie is perfectly
decided; perfectly corrcct-but we are free TO say, and
all must admit, that the whole subject ola Fiscal Asen.
CIV is per Sc, as complicated as il rs mnmentons. Until
the State Ranks are compelled TO resume specie pay
ments, (and the State Legislatures should compel them
to adopt the measure a. early as practicable,O the ex-
changes of the country must he disturbed, and the
circulation must be vitions. But the remedy in the mean
time, which is compatible with the Constitution, and
,rost calculated to advance the interests oil The coun-
try, is the difficult problem 10 he solved. We have no
time 10 enter npon the merits of Mr.. Tyler $ scheme.
The principle on which It proceeds, IS emi,iently enti-
tied to grave consideration. II requires graa. reHec-
ton, and will receive elaborate discussion. In The
mean time, We are prepared 10 say, as At present
advised, that there are objections 10 niaNcfs III de.
tail. which appear Ia be Of 4 serious, VI not insuperablc
character. Among these is, Isl. Tine administrative ma
chinery-the Board # Control al Washington. Whence
the necessity Of such an arrangement Why not leave
the general superintendent at Washington 10 the
hands Of the Treasury Department-Uhe Secretary Of
the Treasury, and the Treasurer Of the L. 81 No
such Board was constructed under the Sub Treasury
system, nor did experience prove II 10 be necessary
Ii mnliip!ics the offices and enlarges the pa,roaage Of
the Government-and seems to lay the nes,.egg of a
great monied corporation. Cd. If the ''agsncirs' in
The States are TO be new Offices, it is doubtful whether
they be necessary or proper. The present officers Of
The Government would seem TO be sufficient for
every purpose. Sd. 1t invests the Institution with
the power of disconnttag on Bills Of Exchange, I'M
der certain limitations. We had hoped, that Mr.. Ty.
Ter had set his face against any snch power in any
form. 4th. The asscn, o. The State IN which the agen-
cy is situated, that discounts private bills oil exchange,
is to be requircd-as II tie ussen. Of the States could
legalize what was otherwise contrary 70 our lns,i-
lutions. 9th. The incnnvertbihty of Treasury
notes into specie, crcrrt at the paint Of nance, will
prove to be a serious clog to The measure II seems to
us, that they ought 10 be- paid nj Il few spec fed points,
where gold and silver viii be constantly and convent.
entity Kept for their redemption.
There are some remarks made by can Old Merchant"
in the n. York Evening Post, which at iIc first blush
carries great force with them. They weN"lhrown out
in anticipation Of The Fiscal Scheme Of the Message:
"The idea ini. the United states requires an, fiscal agent be
yond is own officers il moi only a pure deluiun, but it is n mo.
dern one. Such was not thu original design Of 4 United States
Bank. It was 10 afford loan-t 10 Governs. M, and L. firiiitate the
raising mol the distribution ~ money. Ir; the United States have
money any ,rherf. aud il chrlrcs will rl;e ii any where else At
tn. cheapest possible rate. The true motive Of The bank advo-
Gates Is, 10 place The pnhiie revenue under th" control Of bank di.
rec;ors, 10 BE- loaned ont - spectators, Z: afford facilities"
I.1-I J.1.I,g. -. III r.