The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1842-01-13


Dir. Forwards excbequer notes will not
afford the slightest relief TO The country al
large, in redressing the evil Of vicious
currency. IL will not coerce resumption
OF specie payments--it will not constrain
rotten banks TO wind up--it will net sup
ply sound currency, save to the few: il
does not strike at the root Of tho evil
That evil is the unrestricted issue of paper
money by nine hundred State Banks. the
majority of which refuse 10 redeem their
own notes. Whether the Federal Gov
eminent IS clothed with the power Of cor
recting this enormous mischief, directly or
indirectly, we undertake not to say ; but
any and every scheme that comes short of
correcting il, must prove unayailing and
abortIye. The disease may be slightly
mi;igated for time, but il can never be
healed, while the cause continues to exist
in full force.
THE PURSE AND THE SWORD.
The Secretary Of the Treasury aflirms
That his plan actually separates the sword
and the purse. How! How are they
more separated by this plan than they are
at this moment when the President pos
sesses both None, he says, can draw
money from the Exchequer, without com
Jog with the authority Of law Of Con-
gress ;--of course, not even the President.
True; But can they now No body has
ever imagined that il was within the bounds
Of probability that President Of the U. S.
would seize bodily upon the Public Treas
urc, as Cesar did i'll the temple Of Vesta.
Such has never boon tho apprehension or
the dread. The argument was aud is, that
the Board Of Exchequcr are the Presi-
dents officers appointed BY him, aud re-
movable at his pleasure that, conse-
qnently, they either are, ur are Liable to
become, bis creatures, the submissive III
struments OF bis pleasure. 1t is now
proposed to diminish his control over their
will, and protect their Independence, by
depriyiog him Of The power Of arbitrary
removal, and requiring him 10 report his
reasons to the Senate for the act! Vain
prccaulion The President, who is allow
ed 10 be the sole Judge Of the " lncompe-
iency," or "neglect or violation Of duty,n
IN the first instance, will always find ready
witnesses, who themselves NAV wan, the
place, 10 establish il against all obnoxious
officers. we consider The precaution llu.
sorry, and those, whose independence it was
designed to shield, just as much at Exccu-
tive mercy as now. The Board and all It's
agencies, though the latter are to be an.
pointed by ,ae Secretary, are, and in the
nature Of things must be, the Presidents
officers, indebted 10 him for their places,
and removable at his pleasure for, when
II becomes desirable to him 10 punish one
Of them, a reason will always be found,
and witnesses 10 make il good.
INCREASE OF PATRONAGE.
Presidential patronage, already alarm.
lngly great, which no man who values his
liberty can regard without fear and appre
hension, and the corrupting tendency Of
which III influencing men TO abandon their
principles and 10 sustain every strength of
has been so manifest oil late
years, and is al this moment so powerfully
illustrated BY many examples IN high pla.
res, will be Immediately augmented. A
great number OF Offices of influence, distinc.
ion and emolumcni, probably upwards of
,ne hundred, besides an Infinite number OF
clerks and others, are here proposed to be
created at one fell swoop Tho Presi-
Tents doors viii be throngcd with fresh
horde o. applicants, and the Presidents
already preponderalng weight in the Con-
increased by an unlimited access
'ion Of partizans, courliers aud dependents.
In every city and principle town of the T.
mon, he will have reinforcement of Office ,
holders to brow bent and influence the |
People, and these viii be armed with the |
most Irresistible OF all powers-the ali-con-
rolling money power.
The mercantile community especially |
1t the North, attracted by the prospect Of |
present commercial benefit, and prone, to |
regard affairs with the eve of commerce
,nly, viii very probably embrace the
scheme Of the Cabinet with avidity but VIC
relieve the ycomanry, 10 all quarters, and |
specially at the South and West, will re.
ect il with unanimity-and that, when
heir voice is heard, it will be the united |
'oicc Of Wing and Democrat. Their lam
yuage will hc--"We are suffering dread. I
ully, bu, will suffer on, rather than make I
experiment of a noarvm, which can give I
IS but little relief, and will certainly cndan- I
ycr our liberty !"
It is pity the Cabinet has undergone |
Zach travail il She preparation Of this |
scheme. 1t is loves labor lost. 1t will /
DC secuted by Congress, and secuted by
hc Country.
AMENDMENTS TO THE CONSTR (
TUITION.
Mr.. Clay has submitted to the Senate, /
oint resolution, proposing three important |
To the Constitution Of the Uni. /