Iowa territorial gazette and advertiser. [volume] (Burlington, Iowa Territory [Iowa]) 1840-1846, 1842-12-24
MOSES DAWS()N.
Editors Of tie Cincinnati Enquirer.

OlNCINNAIl, I'LL lICC.s Aoft
Dear Slr:-No doubt, ere you receive
this, you viii, nave seen the message ot
Mr. Tyler to the Congress Of the United
States, aud have observed the outlines Of
his plan OF finance by which he conceivcs
that il ''woud furnish to the country q
sound paper medium. and afford all rca-
sonable facilities Tor regulating the cx-
changes"
He seems to me to have entirely over
looked the Constitution o! the United
States, i'll conceiving that Congress have
power TO create or pat into circu' alton
any other kind OF currency than such as
consists OF gold or silver; u power which
| cannot perceive among those granted 10
Congress by lhat'isslrument. Nor can
conceive OF any power Congress can have.
the exercise OF, which is not provided for
in the Constitution, and especially grant.
ed to Congress. The power 10 coin mon
ey and regulate the value thereof, cei-
family does not extend to making paper
equivalent to money, or 10 the creallon
OF any kind Of medium composed OF other
ma.cr.a,s .,,r,. z..l. or silver aud there
fore Tor Congress 10 authorize the Sccro
,ary o! the Treasury to issue fifteen mil
ions Of treasury notes 10 be substituted
tor gold and silver coin, ut the will ut
the public creditor, when those treasury
notes are avowedly to be formed III y
manner 20 make them circulate rs money.
aud to have stamped upon them by the
nigh authority oil the PresideAt OF tine
United States the character OF y circua-
ting medium, substituted Tor god and SID
yer, must be an lntracllon OF the ConS!ttu
,iou. What difference can there be III
the principle between Mr.. Tyler's '.sound
paper l.edlnm, aud that OF James the II,
vino coined money OF bass and gave to
i, the fictitious value OF money composed
ot gold aud silver. Here, then, we have
Mr.. Tyler advising Congress to assume
q power utterly unknown 10 the ConstlIu-
llon-not contained i'll, or granted by il;
ard SO lar as can Judge, is U violation vi
ll,ln both letter aud spirit. IL isevldent,
as we'll by the instrument ltsclt US ny the
journal OF the convention that framed u,
that they neither contemplated, author
wed, or desired that any other material
should be used for money than gold Or
silver, or that any other than gold or sill
yer coin should be the circulating med..
UNI, or be made u tender in the payment
OF debts. Elise why did they pronlbil
the States from issuing bills OF credit, OF
making any thin. tender III the pay
nlenl vi debts, but gold and silver coill.-
Or why did they not grant 10 Congress
The power OF issuing paper medium,
when they gave the power to cola money
and regulate the value thereof and ol
loreiga coin. Mr.. Tyler has taken TO
himself the character vi y strict constitu
tlonaiist on former occasions, aud OF Z
Jeilersonian republican ot the old Viz.
GINA school; but III this part 81 the mes
sage he torleits all pretenslons to either,
AMI to become, Indeed, q tinks.er OF tho
currency, in the very tacs.of the Constltu
tin.
His remarks as to his system being
amendatory Of the existing laws relating
To the treasury department, aud being un
der tho control ol Congress aud the peo'
pie, are perfectly grutu,.ous; his signing
Of the bill for tbs repeal OF the best trea.
sury law that ever existed. showed that
law was also under the control Of Con.
gress at least, ii not under the control Of
the people-!or il any law ever had tho
appreciation Of the majority of,he people,
it was that law, which he very errone.
ously denounced as having been coodsmn
ed by the people--when every Intelligent
man in the nation believes that Mr.. Van
Buren, had . very large majority Of the
honest votes OF the people; and even the
pipe-layers themselves had no references
10 the subject Vi the treasury laws
they would have voted Tor Harrison ant
Tyler, il. they had been certain thai
they would have sustained that law
and there Gun b. no doubt that his plan
under the management and control Of hi'
board Of control, and agents u pr0minen
commercial points, or wherever Congress
shall direct, must b. At least No expensive
as tho late treasury system, and fully q
much under the control Of tho Executive