The Middlebury people's press. [volume] (Middlebury, Vt.) 1841-1843, 1842-01-25


design 10 accomplish the same objects. tie
had his apprehensions as to the result he
saw that it was surrounded with great dlihcui-
ties, if not impossibiliies but, for oil this'
he was for making an earnest and vigorous
effort to accomplish something. He yet be-
liexed the best institution we could have to
establish a currency, and 10 facilitate the com
merce. foreign and domestic. of The country,
was a National Bank. But the establishment
of such an institution was entirely unattaina-
bic at the present time, and it was, therefore. a
vast. of time and breath to recommend it.
Mr.. Evans now proposed TO show that i,
was the DUTY of the Government to foster the
currency. The objections 10 The plan before
the Senate were, that it was great Govern
ment bauk, that it was dangerous 10 our liberty
and our institutions. 1t was undoubtedly very
desirable to restrain and control Executive
power over the finances of the Government.
But the same objections were advanced in re.
lation 10 any ins,itnlion over which the Gov
eminent had control. The same arguments
were made TO The Fiscal Corporation and the
Fiscal Institution of the extra session. Gov
eminent money could be kept nowhere where
there was no; Government control. Power
and control must be held by the Government,
as we contend, not only over the funds Of Ire
Government, but over the currency Of the
country in a great measure. The best mode
of doing this was in an institution where the
public and private interest were united This
was the best mode Of crontroling the public
finances. But if this could not be done, the
duty was no less binding to do something. All
that could be s1id Of bank, su5treasury. or
any corporation, was that they were human
institutions, and capable of being perverted.
In the exchequer plan, the Board of Control
had been condemned. What plan could We
have but a Board Of Control? Wood. and iron
and screws could do nothing somebody must
control all these. We could guard, check,
govern, as best We might, but chance must DO
much. We must run risks in all human af-
fairs. We must coufde powers 10 men. If
we did not, we should be likely to stand some
thing longer than the Capitol Itself. Every
thing human was liable TO abuse; but what
then Should we do nothing Our Govern.
ment was founded on trust and confidence.
lis charm was sefgovernment; and if we took
this scheme or any other, we must take it with
all hazards.
1t was said TO be union Of the purse and
originally ment in England the power Of tax
alton, in connexion with the power of making
war, Of arms, and the like control in matters of
war. The objections in this country were at
the adoption OF The Constitution, when The
principle of raising revenue was discussed.
The President here had No power over the
purse. What he did must be done by author
itv Of law. So of The sword. The President
had no power 10 declare war that was the
power of Congress, and after war was de-
clared he was then the commander-in chief
There wight be an abuse of this power, as
there was when the Treasury was controlled
illegally, unjust6able. This we augured
then, and believe now, was control of the
purse and the sword.
Power of some sort (said Mr.. E. must ex-
We might and shonld consider its liability to
abuse. This was proper but it was not right
10 argue against the existence of power. be-
cause Of its liability TO abuse. He did not
| think that this abuse. though very great, was,
liable 10 so much abuse. He would not so far
discredit the Government as 10 suppose that
those whom the People chose 10 superintend
their interests would commit those abuses.
He did not believe they would control this
politicians.
Monday, Jan. 10.
SENATE.-Numerous petitions were pre-
sented both for and agans, the Bankrupt law
-one by mr. Talmadge of 500 against. Mr..
Evans spoke at length on the reference of the
Excl equer bill, and was inlavor of securing
Whatever there was Of good in the scheme "for
the benefit of the suffering country" This
is the right course. Mr.. Walker tomorrow.
1t the House, Mr.. Fillmore urged the taking
up the Treasury Note bill, as the Treasury
was exhausted and no more notes could be is
sued. Agreed-Mt. Hopkins in the chair.
Mr.. Wise withdrew his motion about Distri
button act. and Mr.. Walker renewed it. The
motion was declared 10 be out of order. MIR.
Cooper opposed, prefering a loan. and said
the President had ell ''courting tie damse
Loco focoism." Mr.. Profit replied indie
n1nllyl Mr.. Marshall and Mr.. Fillmore
made remarks. MIR. F. read letters 10 show
that loan could not now be obtained. Mr..
NJ. was opposed to Treasury Notes; prefer.
Chaplain officiated this morning.
Tuesday. Jan. IL.
In Senate-Peiitions against repeal of Bank.
rupt Act.
A resolution submitted yesterday by Mr..
Calhoun, requesting the President TO commu
nicaie 10 the Senate copy of tie protest Of
The officers and crew of The brig Creole. on
her late passage from Richmond TO New.
Orleans, if received, or any authenticated ac.
count 'of the murder Of passenger on board,
ard the woundine OF the captain and others by
the slaves on board the samc," ana of subse-
quent occurrences, particularly at Nassau,
New-Providence and also, if consistent with
me public interest. shat has been done bv the
Executive for the punishment of the gully in