New-York tribune., 1841-12-08


lions can - available Tor amelioraJing the prsseni
condition OF ;nfag. Commercial NODES OF en-
change anS a coed currency, are but the D-ce,sart
means Of commerce and intercourse, not the dinec'
productive sources o: wealth. Wealth oan onz
be -ccunulaed by ne earnings OF industry and me
savisss Of frucalI-y and sothiug can Dc more III
Judged than u look 10 facilities IN borrowing or q
a rsduaiasc circulation for the power OF di>chArs
ing p.cuaiary o5lisa,ioE.- The country i ta.i o.
resources and the people fuii OF energy, and ihs
-rsat and permanent remedy for pre>en, -nIoar-
-..len:s mus; BE- sorshI n industry. economy ine
o5servanse Of good taith, aad me favorable i1ie-
ence of time.
IL PURSUANCE II pledge given 20 vou II ny iast
Message 70 Congress which pledge uFss a. al
s.oloey 10 adeenturnS = pgeseE; YOU tue aeis,->
o.; ev plsa. the Secretary OF the Teasury Wi. be
rsady ~ submit 70 you. should You Feqare e. a
rlz7 of t1s.ce which. while il throws around the
Public Treasure reasonable guards i3r - pfo'ec-
-io7. and rests on pswers acNaow edged n prac-
nee % -x;.; from he origin OF the Government
wi. q, tie same ;i1nc furnish 10 the coIE;ry a
sound p-pe- medium. and afford al rc2son-2lr
t.cilltie, for regulating tbe Exchanges. h'h
submitted. YOU VIII perceive in /; . plan amends
tory Of the existing Ia. in relation 20 the IteaSarS
Dsnsr,rre7,-,uboriiua,e IN all respects 10 the
vii of Congres. directly. ard tnc all o. the teo
pie iadire ,ly-ssl->uS,aining. should Il - iolnG
in practice 70 realize - promises n theory an1
repealssl- a; the pleasure OF Congress
II proposes b. ea--ctual restraints, and 5y In
vokirs the true .prit OF our Institutions. to sepa-
rate the parse from the sword or, more properly
10 speak. c-n,e. any control TO the Presiden- over
The agent. who may he selected % carry It INTO
execution. bur what may - indispensab.y nece>-
ssry TO secure TIE fdeIi,y Of such agents and. oy
wise regulations keeps plainly apart from each
o;her. private and public funds X contempiate>
:hc establishment OF Board Of Control. a, the
Seat OF Government. with agencies az promiaeni
commercial points, wherever else Congress >ha!
direct. for the safe-keeping aud disbursement OF
The public MONEYS. aad substitution, a, The option
of the public creditor OF Treasury notes IN lea OF
.oId and silver l. proposes 10 hnI, thr issues 20
an amount rot TO exceed Sl5 000 000-wIthout
The exore-s sanction of the Legislative power. II
also authorizes the rcceip, ii individual deposi'>
of gold and silver TO limited sE-unt. and the
granting certificates OF deposit, divided into such
sums a NAV be called fer by the depositors. II
proceed, step further. and authorizes the pug-
chase ead sale Of Domestic Bills and dratt- rest
iag on a real and substantial basis, payable At >sni
or having but short time 70 run, and drawn on
place, not less than one hundred miles apart
which a,rsorirv axce,t in 80 far a. NAV De necgs-
sary for Government purposes exclusively l. Only
10 be exerted upon the express condition, 'hat ~
exercise shall no: be prohibited by the State IL
which the agency Is situated.
In order 10 cover the expenses incideat IA the
pla5. II viii be authorized 10 receive moderae
premiums for certificates issued on deposits, and
on bills bought and sold and thus as far a ~
u eN'e'"' 80 ',,''..sI
','''' , o. 90 49,. i,as, ,,-.;
,',''' ..o'- -, s.. pa- ,i;.,o,..
''.'.'. ,,-,,,g
''ol1 ''ie a s.,..1 r.,
'.! ',,'' ~ i'',l ,,,,.,. l,
~ lay. .,.i,x..,.
Ia..;,i...a I, ,.,,..l.
ON: a. ''i' ;.,4s- -, r,5,e,r
10 ie9t oi d" az
'i'e MUGS - ''e f-~ -.
Sctous iehun"a,''S VI '''01''',''
tauoh 10 sPecu'a'iou-'' @1'e''-'e" - 40
OF PriceN-'s efuaoie iH is oPei'.'o''
feasury notes, wh!ch II ma! use 0'onS VIZ" ''e
certihcaeS oi deposit ana the Ao'e' o'
ing sanNs-con'eF'o-r a. tlle Pi-ce"'is'g
recel'aoIe IN payment o' No'ern'i,c"C oN's l''
WITHOUT ''oalns any prime piy o' ''e
u,'o'us ''e "o'e, "''iei' an" '''7
.,',s As are c''leo lot oy me wants 81 oo.i,,
Il mas appeared 70 'as' are Us lseo'..'''l'i''o,
a''G 10 We" o' ''ie" 1t WI o' sl'',',''eu
er you may require H. 10 your 'o"s''el 49,, ,.,
am not aoie 10 perceive 'uHI ai! an anu anu
o'Jecuon can De urged against 'ne P'a"' '''c t''i
cipal o"i"ne' ot "iiich nave tnus p'eseH''u'
cannot douo' out 'nat 'ie ho'e' "i'oH II P'oPo>'S
10 lurhisti' III 'Ae 'oiUhia'Y 'puo" u 'i'e 'uo'o
c'"dl'or 'S'Ae' IN g' o' 'ie le:c'ye '''I 's
hca'es OF deposit VIII De maintained a. an eln''
"''" soiu ana 1''Ne'' e'e'S " ne ~ ''1 ~
deemao'e n sold ana s'er on demand az uie pace
oil Issue, ihey are rece'Va0e ever! "ieie !" pay
ment oil Government dues lhe Ir@a'u'y NOES
are limited to an amount OF onetourth less tHan me
estimated annual receipts OF ihe treasury ana 10