Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1842-08-20

sure for which Congress Will sustain RESPONSE
bIIi,y peculiar TO itself, and IN which tho EXecu'
tive has share.
The mex, measure, proposed as the first aud
most immediate remedy Tor the foTiorn CONDITION
to which The nation had been reduced, was The
establishment of d National Bank. That was one
Of the conditions on which the Wing party had
come into power. What did Congress do? 1t
passed an act establishing National Bank. And
" hat did The Executive do? lie vetoed II.
What ne x, did Congress do? |, passed a Sc
cond 10 NEE, aud to remedy the Presidents
objection against the FIRST and that under the UNI
versal impression Of formal pledge, (such as
any honest man in like circumstances would have
considered himself having gvenO and no"
was this received II was vetoed also Here
"veto and ditto"
Now the Administration oil a Government has
for first Oh ect the welfare OF the People; and
II was the honest, the CONSCIENTIOUS conviction of
a ma loriy the two Houses of Congress, that
The bank bill was of the most important nd
most vital measures iha, could BE devised fer the
relief of the People. VIII my colleague, Mr..
Cushng) or Will The gentleman who told US of
The formidable and terrible battle shall have
fight be fore the People, (Mr. Marshal) viii
they say that this of the measures cal
cuiated TO PROSTATE The county! No, sir, they
will not say that | recocct that the latter gca-
tIeman and myself both voted against Tho first OF
the two bank bills on the express ground that II
lad been too much accommodated to the pref adj
ces, may say 10 the passions, OF the Executive
head; tina, g a sacrifice had been made TO
sui! 1t to the viii of the Chot Magistrate, who
was to sign il, Ga that ground Tho gentleman,
az well as yseIt, both spoke and voted against
the bill. That at least, was my motive, and
lhcn understood and still presume that his was
the same. Oar votes certainly agreed, and II was
my impression that we concIrFed IN or ground
of objection TO the bill.
In The first bill for blnk, we gave TO the IN
stitution attempted TO establish al honest
name: name which belonged to The thug " hlch
intended to create. We called II bank, and
the attempt TO establish II was the act Of Con
gress. There may be, and undoubtedly -, d.
versIty of opinion III The House on the question
whether such institution would restore the pros
peTriy Of the country; bot what was The REJECTION
Of II? Mere negative action at best: the refusal
TO the Legislature OF the power 10 make an expo
fithent which had tw ice been made before, during
period Of twenty years, and with the most ca.
tire nd perfect success. The action OF the EX-
ecutse was preventive merely: il did, at the at
most, but ward OF evll: II did no positive coed:
left the country under all its difficulties and en-
ba:rassrnenrs. Was that thing for which this
country ought TO feel grateful? Or was the fail
urc Of the attempt a thing for which Congress Is
responsible? No. The responsibility, for good
for evil, rests entirely on the head of the EX~
! ecutve.
Now, when we 90 into that fearful battle before
the People Of which The gentleman from Kentucky
seems TO nave such an alarming aUtlcipdiiun.
hen tho President has his part TO defend aud we
who is responsible? Common sense gives prompt
reply. Wo acted: he forbade action. Did he
propose Gny substitute for the bill? Yes, he did:
and when his own substitute was brought to him,
written down, to the very letter, as dictated by
himself. he vetoed ogair. That Is the state Of
the fact: Of which moro than ono member now
on this floor has proof still more fall and explicit
than is in my own posse ssion.
In yofa to hi and f.,
the memory Of every individual that the views
and opinions of the Executive were INDUCED TO
an extent such as never tefore was conceded by
a legislature to Executv since Govern
ment had an eXlstence-even 10 the changing OF
the name to be given h the institution proposed:
it was to be called 'Fiscalitv.'' a Fiscal Cor
porati0n,'' an "EXchoque rof Issue" any hing
but the odIous and territi; name OF BANK Eat
all WAS 10 vain. And now | ask Tho 1, spoBsI-
bic for lhis9 | will add no more On that point.
And what came next? Retrenchment. This
enters into the general operation of the two Uon-
ses and in regard to il | may be permitted say
that the spirit Of retrenchment has perhaps IN
some instances been overacted Many think so.
We have had from a gentleman from Virginia
(Mr. Summers) q minute report on the eNpendi-
lures of this House, cutting them down TO the
lowest point; abrdglng numbers Of trIiiing
venlonces which had always heretofore been
tended 10 them. and going down to matters The
minute. We had had some three or four
select committees on retrenchment before. The
thing has been carried through effectively, and
report from the gentleman from Albermarle MIR.
Gllmer) remains, IN part, yet 10 be acted Oh.
Then came reductions IN the estimates for the
army and navy; these not yet consummated.
though they have, in great degree, been accom-
Pushed. And here give me leave to say, that
when gentlemen serious in their intentions to
reduce the expenses of this Government, i, is the
army and the navy which they must lay their
hand. There retrench bv millions: here by
picayunes. We never shall retrench effectuaily
TILL we do II IN the appropriations for The army and
navy. The estimates for these alone nre this
year over twenty millions Of dollars; and yet we
hear gentlemen talking here about reducing the
whole expenditures of the Government to twenty
two millions! How they gong to do III
By the cutting eff a few pages! By savings in
quIlls and pense by pnllLng memhes on an atnM: !