Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-01-13


cd GA or record on Ma '-'I the accounting oleis'
IHEasvEr Dfr>hfME>i, - 49,,
t. /. SMITH, Register.
The bill for the relief oil the heirs and the legal repre-
sen,atyes of Aaron Nail, deceased, late Consul at
Orcnt; the bill for the creation 0, new and distrc,
aiSi "aHnHS the pouhnaIlts
OF the South and Western land district OF that
State the bl 10 provide of the settlement oil the claims
CT Louisiana for raising aud rGslppng militia companies
employed in the Florida war, $50 the bill Tor the reei
OF certain companies OF Missouri volunteers called into
the service OF the United States in the years 1886 and
1892 the bill for the relief Of the hers OF Daniel fett-
bone, deceased; the bill authorizing settlement, on
equitable conditions, with The attorneys or legal repre-.
Srnatipes vi persons having claims under three sever"
rcaties between the United States aud foreign powers
out Of the money winch has bgen retained III the lrca
sury in the payment OF debts due 10 the United States
and the bill srlnt u citizens OF Arkansas CERTAIN
lands, condition that they viii surrender those now
held by them Tor military purposes were seVeray reau
third time and passed.
THE BOARD OF THE EXcHEoUER.
The motion 10 refer the plan Of the Secretary oil the
Treasury 10 a Select Committee, was announced by
the char the order III the day.
Mr. EVANS sad that he had doubted the policy Of
the premature discussion Of tb,s subject at the present
Tine aud Ia asked HIMSELF from day 10 day, what was
81 IT, a singular spectacle vas here present
ed; various and conflicting opinions had been advan-
ced bu all who had spoken, seemed 10 agree in one
thing aud that was, that tie present state OF things
and all agreed that something ought 10 be done,
aud that this sad condition Of affairs ought TO &c
rectied in form and every one had regarded il
rs matter Of great Importance And there was
another fact, in which all seemed to agree, and that
was that the plan Of the EScheguer understood
TO be approved by the Executive and his Cabinet But
there great diversity OF opinion here upon Tins
matter-there scarcely two who thought alike
There radical difference between the TWO parties
in the Senate uuon this subject The one (ihc Demo
cratl Government
nothing the present emergency, or al all events, the
most that gh TO be done would be revival OF the
Sub Treasury. For what purpose; Why, TO secure
the Government iii the possession OF the public money
which should be available at all times, and altogether
kept free from the money Of corporations or Indvi
duas They did hold out the idea that retention
of the public money the Treasury would mitigate
the evils OF the country; but they proceeded on the
principle that they would stand sill, and do no.
thing towards furnishing currency and regulating
the exchanges The other party, Qhe Whgs,) on
the contrary held il 10 be the duty Of the Government
10 regulate the currency and exchanges Of the coun.
try Therefore, the only relic. that had been pro-
posed the other side return the SubTreusu-
| ~, with good advice To reduce individual ex-
penses compel the banks to curtai their issues, etc
But all this dd not meet the cisrgency of the Govern.
mcnt and the People; and Congss itself must DO some
thing 10 meet the present ex'gcncy. With regard TO
the bill which accompanied the report Of The Secretary
he did not expect that 1t would BE- passed as It now
stage Of the discussion, in visiting the plan with Sc
denunciatun, because respectfully invited scru-
tiny and investigation. The only question that should
be presented was, was the project right in itself Would
reform the currency, and give them good ard sound
| uniform medium Would It facilitate international
commerce, and reduce the rates OF exchange: Were
these desirable objects Nobody would question that;
and those who held that il competent for the Co.
vernment TO do This, could certainly find fault with
the objects OF the bill. They heard complaint that
the money was not safely kept; they heard none 10
discussing and transferring il, but the general desire
seemed 10 be 10 regulate the currency, and restore
s uniformity, aud facilitate sound exchanges, resting
OH good grounds; and this plan came 20 them profess
edy having these objects iii view, and sought TO ac-
compl,sh thea, III the mode pointed out. There were
some things in tins plan whichSe thought well OF IN
the present emergency, and there wee others which he
though, would moi be available aid which would do no
particular good He thought tharhs project had Jared
like most Of the financial plans which had heretofore
been presented-and that was that all the evils which
the Imagination could invent had been thrown around
il, Some denounced il exercising Too much pow.
er over the money affairs and business ci the country,
and others had regarded il dangerous TO the public
liberty and had suid that il could not without be.
ing wound up in three months-that the capital was
too small aud that the country would not experience
the relief which anticipated However, he thought
that the system had been much over-rated by the
projectors Of it, and too much derecatedb by those who
had spoken oft means ofinflictng much evil upon
the country. For his part he thought II 10 be
system Of mingled good and evil and, therefore, he was
perfectly desrou examining i,e matter, that the OBJ