Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-01-08

resistance oil measure endangcrnS the liberties oil the
People.
Mr. SIMMONS of Rhode Island said lie did not
rise for the purpose OF continuing the discussion upon
this question of reference which it would be temerity
in him to attempt, after the very able and eloquent
speeches 10 which he had listened from the mos. dstn-
gushed members Of the Senate of both political par
ties Ills purpose in rising was 10 suggest 10 honorable
Senator'S after what had been said in reference the
plan as proposed by the Executive (Which had fully
developed the views of all who had expressed opinion
upon il il ISL whether there not another aspect
in which both the report and plan could be viewed
and If it would not be profitable for Senators 10
turn their attention 10 the plan, 10 what be
done under the suggestions which il contains He Ind
asked himself, what do wish 10 do and by that he
meant what do the people wish should be done for their
relief; And he had examined this report and plan 10
see if relief could be given within the range of its
suggestions and provisions, ond with great dlffdence
in his capacity to judge OF such questions, ne believed
that relief could be given
We want (said he) institution for currency and
exchanges think even mor", but nothing short of
this will answer What has been the obstacle TO OBJ
tanning this heretofore, We all know il has been the
constitutional objections of the President TO National
Bank to operate per over the Union. There is no
such objection to the proposed Exchequer it is de-
cared not to be Bank; of course such objection
exists TO H. II it is not such Bank, with the control
placed in the power of the Executive, it would
not be If that control were placed elsewhere. The
power TO control does not alter in other
spec,; and it appears to all the objections which
have been urged against the whole plan would be re-
moved by altering that single povision all the dangers
arise from the apPrehended increase of Executive pow,
er. We certainly can alter it in that particular, and
from what has been said during the debate, il mus: be
SO altered 10 obtain any support. Every who has
expressed opinion objects to it, and chiefly and Justly
| think that ground Those expressing thes highest
confidence and strongest personal respect for the pre-
sent Chief Magistrate express The strongest objection
to this provision Those by whose exerons he was
elevated TO power and those who opposed his elevation
agree in opinion, and denounce this feature in the
highest degree dangerous.
There is remarkable coincidence of opinion
among Senators Of both parties concerning the dan
of placing the control of the revenues The fiscal
Germs and the currency Of the nation, within the power
Of the Executive. My political associates and myself
have commended against it for the last ten years The
other party oppose it with equal zeal when it 10
be proposed by any others than those Of their party
have read somewhere ha. it great good 10 be able
"to see ourselves others US Our political op
ponents have obtained it. This proposition not coming
from Them they look al it did at theirs, which
had the effect and as strongly oppose It, The