Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-11-01

-,-x,~---.---r- re---.ss-e'"-1~
Ulcers # The other 'so!i an eAel"s'1 % ' ,
authority aud leaves he mater a .,no.,i;
T,dn, had piaced ia total, aHH'''i'' W." ,
. -, -, ,,v su.. c!af;;,. The '9sei';oh {" su''
an,.l N the treaty would have "e'a ''.Sh'" n,
-, az, ,li ,i.l.Ive si;rEci;or' .. N''" Pt''''' ~
,,.,,ncs cr protests o: oii'r bg !" uH'h! 3"s
I,so,, IN the claim, We deny on oar '''' "S = 49,
-, =, snr,. ct al compact TfserFins ~ nn' ., - ~
r,ndIca,ion oforr rghts Z" "hca tar az"
,... Inns becu givenl whenever they sAa oe "s'
.rs has = prrlenslon hIch threatened 'ie 'ene "ao
nrac,,ce tin, had brought on Que war, oee" AMI :,
sd Tho .onctitv Of national h,T secu'eo-"'
the same tame The most ,iec'ua' means "Ne ,a
r;d.d f,r the utter destruction OF an accu's'" ~
~ II,o, that mast difficult and p'rpeAine ''te'
,r-r of duties on imports, The language Oh t'e
ic,s With Great accuracy, cleaFness ana frec'S''i'
The true principles oil protection c'issI" -, ,b
aG.r sneakpr of lh- repugnance oi Tie ie"p'S ~ 49,
nos,on Of burdens not really necessary % Tue s"ft
ie'p o , ,be President: says: ala imposing GU
- Lwcyer for the purposes OF revenue r's"t 'ou''
eliminate MS 10 the articles on "h'ch '''c "u's sun"
lad as we'll as the amonht necessarily anu 'o, p'
~, a.;s,e After showing that lie imposiuoh Vi
hiss ;uascrninately on AL articles w"uo oeiea' r
-, ,,,n,se of obtaining revenue, he remaths %
o,so the Government may DC Justieo ia so S
,.,,,, Inv reference 10 other consiG.la '"hs Va .'
80 nj ~ connected with manufactures 30 'o"s
~ ,ha duties shall be LAID with dsct reierehce 70 e"e
or,ba Treasury no well founded o. Jccuoh Cd" a.
Isl aoanst theu, and ne conc!'des '''e .o .d r
subiect BY urging the Importance OF ce''"'.! "n' ~
IN W
f. i believed that no just man, VINO ''9a'' 20, ' w.
;no,cs,s oc the whole country, who wouiu no' COM
mol lint norton of Cur fellow c;nzens WI" nav -"
manufactures 10 pgy taxes Tor Inc support =" VIZ" ~
have them, w,lhouta any equiva'et'' .'e WI" 49,, ~
,,o,sct American industry from ioFeSn che'P i'oo' "
~ .-,,clac which are essential to us IN peace a''u W
,yer and for which ought not TO DC os pc h1a W
any other nation 1t belle cd that no just man WIZ
,iIl take such an enlarged and paIf'ouc view % M
IT., nu hesitate to approve the principles promo'-
80 j., tho message Wmile they are adverse 10 PR"
h,bory duties the one hand, they pr"s,.1' " Il'.
ami incidental protection on the "lnef' i"sy ~ ;ns
and those ONLY that y Ill secure harmony as wen
"'' - I,,s,uant of n matter Involving so many,
aud such various conflicting interests, anu I
nermancncc Which in ths country ca" We " Ill.,, a,,,y
bv The gene raj aoquiescence OF the iF'p " ~" %
and honesty OF any system. Anu n's c,om ,ho,
,,,rs,ol thus evinced by a'es'"" e''s -. ~
$50 ,c our Union which has no manufactures NC ''
procated aud met IN tie sane spun ~ ''''s' -,
most nxous TO promote ti"se ''..s'' ,L;cb
tl;,,, u,ll ey,s, tarous hca The Ion'e1efacy' ""
iSt,''s va 100 s,,b,. ,nd therefore more real ana
,.,.,,,,l n,oec,ion 70 eur own industry ina" a"9
laws that NAV br passed under occ's'o"al az" h The
ixr;,etoen,s " ch will be sure To 'h'efn'' WIN '
a,,nns ,f Tho sti,nulaUs that pfocucfu 'heia'
sut 10 ,I,r,,f law that been passed aud re
- ,, ,cna,ure OF the President, be ionnd IN Pfac,
flee 10 differ important particulars 'l""i no
Ibe,ol nrncjples advanced by hin, he WIZ u'u " -,
Sid -eadv TO sanction such necessary ah,en.,'e''
- no nronosea by tta; body, N when 'he eo'S"
,,,on has exclusively vested the autaori'y u oi'S'"
and pass revenue oils. r,,,o, ,,essoce on
.,;,ct of currcacy and Exchanges, next c!a'm GU
-, Atcr rontlng out the Necessity d. "e
VIM Of exchange, app;nX;nat'hr uh'io'',,'y "
The dnrrea parts of the country u" So rs
Goods 10 red,e .se pledge he han e'''u a. -. -
,;ons session Of Congress, 10y SUBMITTING VIC - a.
N' G., ,bc SAFE Keeping and disbursement oil 'h'
nhIic revenue which shall III The same '''"e 'u r,
currency and thus indirectly regulate eAc"a"sss
!I,n h I have ass;rucd 10 Tins eommnhca'"'
a,ls g.
oI,,.d IN the CIessayc and afterwards ii'"'e '",,.
eyib,,.d in the B!l submitted to Congress =. wy ~
c.e,ary of the Treasury. Th's ~ ihe ""r' w.
hscause am confident u has not oesn SUIT -, - H.
.e,cd by my fellow citizens @cHer6Hy 10" ~ ~
!, J,r.:ood II IS emph4ucaity the pan oi t"e +,
scent or,e,na;ed and naurrd BY HIM, WIN s.ng,
modification introduced on the ad"'ce o' MS N.'
T. n,,noses 10 attain its objects by the opp'ca'i'" .
mayors ackn owedged IN practice " '@'' " "
yernment trota rs foundation , e. al
The Treasury Department %as 'n@.'"eu 'o' -.
collection OF the puh'ic FrTsnu"' IS S''F Aerrs' h
S;hn-ssmen, ac corG,ns acts o.: appropriation D
Co,sress TO board al c'E'i", ahuei ''e :" -
,ia,,e of that Department, Therefore, was ENe" :"
;mmediate charge of thus business, Win aus.o'.o
certain description 1i.cee we're The .enerl features
an! lie President invited dis cusson OF lis merits
while he ii pressed readiness Ia conour in any mo
d,;icatione HAT did not violate lis essential principle:
particuiatly such as shord, by any CONSTITUTIONS
means relieve tie C;,irf Executive Magistrate tror
any controlling rover over the public Treasury. fo
iona objections, by providing :a. the functions O
purchasing and selling drafts, Other than for the pun
poses Of the Government, should be exercised in
Stale, only when not prohibited 10y such State. A
conflict with state jurisdiction was pTrvtn'eG-tE
baukinr privilprts oi The States we've lett without in
reference the operations e the Treasury pl'icd an
facilitated aud the sfeat interests Of the ,hi"n pro
NOTED y the introduction Of the currency founded
the revenues 81 the country, and yet 80 limItG as
he always equivalent TO specie. Tins plan has been aF
proved by scmr cf the most competent hnanciers u
this country and or England, and pronounced 10 b
adequate 10 all wants, safe IN s operations, ant
calculated 10 furnish the moei perfect currency tia
could he devised.
So far as the opinion of an individu who has hat
rome experience in matters and who it is know
yea es .,cd occasion 10 t acquainted with The
abuses 10 when National Bank is iro,n lis nature ex
posed, far tie opinion Of such an individual is o
any value i Ga:lesiatngly given, that this plan il
lis essential features, far preferable 10 any other ha
has been s.!b:,;ticd and that i. vii. accomplish oil III,
purposes !or inca i was designed, without hazard Il
she GoveTrnon without cap2er TO the people, ant
without stimulating anew The reckless spirit ot specu
laton whose We have all such cause 10 mourn
r. :s seems 10 he generally conceded the question
lies between Tins plan and National Bank, there
no, be mach .or doubt or hesitation Waving
for the present the usuperahe difficulties presented By
the Constitutional objections 10 such Bank operating
through the whole Union-ot;ectons long en,c.
tanned by large portion OF cur fellow citizens and
strengthened rather than diminished By discussion and
bv The sad experience Of the Tremendous pow and ,e
still more tremendous couur;ions Of snch insu-
tou,-waivng these, the very fact cf The existence Of
such obj ctinns aad uf Others of Different character
will efftc,ualIy prevent subscription TO the stock by
these snund and prutcHt capitalists whose countenanc
and whose real wealth alone give II vitality Such
men viii never conscn; to place their property in po
ston to BE- the spcr OF the alternate triumphs and de-
fea,s Of parties.
The char;er reg Bank rEdcr such circumstances.
would but invite the cupiGY OF those who intend Ia
become borrowers rather than lenders, and who by
means of The responsibility of corporation, ard with
The mpunhy that has marked former transactions Of
similar institutions, would plumber those whose con-
fdence they had invited ba; 10 h-tray IT, Whatever
my have been opinions ortotore Of the utility Of
National Rark, however may have been CON.
PEELED 10 arGatsce lis supposed necessity the his.
L.. i....I