The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1842-01-27
CONGRESSIONAL.
SENATE -nrnrnnrn 40.

i PROPOSED BOARD OF EXCHEoUER.
2 The Senate proceeded TO The unfinished
business Of Wednesday, being the motion Of
! MIR. Tnlmadga TO refer the plan Of Fiscal
/ Agent 10 o select committee Of nine, to
be appointed by the Chair, when
Mr.. MANGDM. Of North Carolina, who
had obiained the flacr Yesterday, rose and
addressed The Senate IN an uuesually ani.
mated speech in opposition 10 the project
OF the Secretary oflhe Treasury for an Tx
cheqner Board. The reporter regrets,
however, that, owing to the frequent falling
Of the speakers voice, much that he said
vas lost ct the disiau, seat isom which his
speech was heard aud reported.
dir. ~. commenced with promise, very
frequently made in Congress, TO occupy
but short tine in tue remarks he bad TO
otter. |, was not his design 10 20 into any
thing like regular dissection or severe
analysis cf the tremendous p-.jte! submit
ted IN the Secrc,ary's report yet, lnosnueh
as very strenuous efforts we're made 10 pre-,
occupy She public mind in lis favor, Mr.. u.
dad desire 10 express bis views o! the
scheme IN presenting Which he desired il
to be clca,ly understood that 10 spoke for
10 interest, clique, CT patty, either IN the
Senate OF out tf IT.; tho opinions he should
express were BIS owu. lie has tot only
absiained from all consultation or compari
son Of views upon tho subject, bui bad 70
sisted such consultation when proposed to
him; because, looking q, all toe past, be
was disposed TO lei By goues be bygones;'
aud, regarding the actual state Of The coun.
try and the amount Of the public distress,
he was prepared to noci gentlemen who
should propose any feasible measure for lis
relief IN a broad and catholic spirit. On
all tins sui ieel Of banking he held, probably,
some peculiar opinions lie did not sei much
value upon them, nor did he deem them Of
any great Consequence 10 others but such
as they we're, Ih0y Hgrc LIS. There was
ono reflection which could no, hJ; have &C.
CURED 10 every mind. They had here
presented to them q paper marked By con.
summate ability, aud drawn Up with great
labor, tho productions, as i, vas said, OF
gigantic Intellect, or. as others had expires.
sed themselves. Of the Gisl mind 10 this
Republic aud gentlemen on al sides Of the
House had Wed Viih each other Ia hes,ow.
Ing upon 4 their highest cuiogiums.
Immature, however, as he was in cri;i
e!sm, he was compelled 10 differ in his
Judgment on Ito Logical qualities Of this
production, aa vcli from the astuie and in
scu,ous Senator (Mr. Ruchananl from
/ Pennsylvania, as from the able and learned
Senator from South Carolina, Dir. Cal
hounl than whom no man 10 this country
was better fitted to Judge on tho closcness
Of eny specimen oE.Iogic submitted TO him.
II was yeyy remarkable thsi tho repor, pns
Sod over, and seemed sludiously 10 avoid,
those poiu;s Of argument congccicd with
the general subject, on which tho ablesi
minds had for years done battle aad IN the
deductions which II did make. so far from
exhibiting the force and cIcarness oil logi.
cal head, II presented mesi obvious defects
in logic, tho conclusions drawn from premi.
ses laid down being incoDsecuiive, abrupt,
and, in one instance especially, monslrous,
NtSE " 40 hifF A4AAt Us AitetAAsA6 ~ RttN pau
suggested IN this document, which must
have struck all who witnessed The procee.
d.ngs Of that body. Hero sSs project,
tho production Of mighty intellect, cue Of
the first minds Of the aEc--a mind familiar
Tor twenty years with the public affairs Of
this country, and closely Iden,ifiod with 3
great and glorious, and victorious political
pauy-aud yet wonderful 10 tell, with all
this Acknowledged baiiiiy, all this export.
once and knoscdge Of public affairs, and
all this careful elaboration Of great and
all important subject, when tho rcsnlt Of its
labor was presented 10 the Senate, not a
man had been found who would rise in bis
place, and say, I" will take H." 4 pro-
ieci was throan cut, backed by enough Of
intellectual power to force almost any prin.
clple upon the assent Of other mhi0s, nnd
ye, there was not found among all the mem.
bers Of that body, no, not one. SO poor as TO
DO It reverence. And Why Tho cause
was plain. II was on a,tcnp, 10 unite
things essentially Incompatible drink at
once, and 10 the same cup, from tho mouth
/ and from the sources Of the Nile And
here he must be suffered to say, that the
course Of the honorable Senator, and Of
those who were on this occasion associated
with him, habitually cberIshng as they did,
the mos, exalted respect for the source from
/ whence this document came, was such os
entitled them TO the respect Of every can
did and upright man. They stood maniOl.
/ Iy by their principles, be they good or bud,
and we're too honest and too wary TO step
into the dead Gall which had been auluIIy
prepared to catch them.
The honorable Senator from New York
/ tNr. Tallmadgc) ho would say that, aItho
he was willing 10 10 anything which could
consistently be done, 10 relieve tho distress
of the country, and was prepared 10 receive
and consider whatever that Senator and his
committee might propose as substitute for
this scheme, ye, he greatly feared that their
efforts TO prepare such measure would be
wholly unavaiing he fearcd so. How did