The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-01-12


the gentleman from Massachusetts, Cushng not having
quite got his cue thought when this plan OF the Secreta
the cradle An sir rather think that the OCCUPANT of
the White House will not take 1t kindly that the gentle
man from Massachusetts, manifested such murderous in
tention towards the bantlng The gentleman from Vir
GINA (Wise complains that this pet lamb consigned
to the care OF my friend, the wolf here, QFimore)
whilst his friend C'ushiug) wants it smmered and
boiled down to nothing the great caudron the
mttee of the whole. Sir from what have been able to
see OF this pet lamb OF the Executive am compelled to
consider monstrous long shoot OF great Government
Bank, engraitel the stalk of the old Sub Treasury
Laughter Sir, for one am not prepared for IT, can't
go it. Sir ask who treated this pet lamb of the Execu
ave worst! Those who mutiated that could hard
y be recognized by its friends, those who, refusing
TO do So merely turned out OF hefod to take its chance
the Sir, this pet animal of the Presidents makes
Its appearance here this for the second me
year older than was before, but not large
its birth. Laughter 1t brought into this fold last
session. the 4th OF December committed to the tender
mercies OF the gentleman from Massachusetts, and yet he
didn't think proper give an opinion about Tor orepo
it, until the Itch OF February Then he produced
the animalhen no again brought this pet lamb before
the OF the House and how little it looked like the
animal which was given into his charge. Why sir he
hadn't even exercised the common caution practised by
Gpseys upon stolen children Being the head oil the Go
vernment here he legnmatey got possession OF -he
had it under his for nine weeks and he thought
suppose he had right to do as he liked with and he
did horribly mutats it, that if the little animal had
then been and turned in the Room the
White House, really do think the President would
have known it again. Q,aughter) Its ears were crop
ped-its tail was cut Oft. Great laughter particularly
among the ladies in the sallery)
LocoFoco-No druv in.
GaANcER-And each member of the guard seemed to
have put his mark upon it, in accordance with the marks
tried, but tired in vain pull its wool eyes
(Shouts of laughter know sir, that there kind of
to regulate the currency and is easy to how this is
got At one time there seemed to be general cry
teman from Massachusetts, and then nothing heard
of called for but his plan. Then Mr. Senator
report and al seemed to cry out Why not
Because the public like man in extreme
who cries out give some other position than the
am suffering in" The gentleman has talked OF de.
lay yet when we come to voting he delay be
on his side. Suppose my friend from New York Gill.
more) had reported Bank Bill a substitute. why it
would have kept back the action of the House this
much longer, and deaye the business much And
the gentleman Qaughing will remember that though he
reported his bill on the 18th of February last he made but
two attempts to being up between that time and the
close Of the session For my own part am ready to
meet this matter, consider the Secretarys plan no.
thing but Sub-Treasury, having one Of most powerful
governmental Bank engrafted on it. The plan OF the gen.
teman (Cushng) is the most harmless of any that
have That of the Government is the power
full and dangerous and were not for its power in
time gives the whole control of the commerce
business of the country into the hands of the Executive
will move to str Ike out he word that we msv o he
able to see who is really in favor of il in this House.
Mr.. JOSEPH iNGERsoLL rose and said.Who upon this
Not one Tor the first time Then the select committee did
not do it. Suppose the Committee of Ways and Means
reported some plan beginning at the Sub Treasury and
ending with the National Bank beginning with the Ma.
tonal Bank, and ending with the Sub Treasury They
would have rod on the heels OF gentleman's plan
who had gone before them. All plans upon this
subject. before the House, and the public
calls for settlement Now let us first ask CALMLY is the
Presidents plan such desredl And let us de-
eide this question first. II h. been country
year, the Secretary State had principal hand in fra
ming it; vet the friends OF the this
House do not support It. Sir deem it sort of expert
ment for which the country is not ready. The laws of
commerce and trade are continually changing
Therefore l think this plan premature. The propo.
ed remedy for the evils complained of bank Of ex
changes, bank OF deposits and even CT discounts When
time has perfected our knowledge of what the great CON-
mercia Interests 1.-THE country require then let bring
forward and perfect plan. The pitee their &C.
Il n have followed out this view and do wisely They
have lett Congress choose between all the plans
before it, and taken the bold broad manly ground
OF calling every Individual member say you
favor OF this Exchequer plan oil he Executives
no1 and come out aud record your in strict accor
dance with your clear, honest unbiased judgment.
Mr.. TURKEY Of Tennessee and said Mr. Speak.
er. wish to ask the Wings few questions You See
that the Bank is dead and that have choose
Sub Treasury or an Exchequer You that the Pres
dent is base scoundrel, villain. and traitors that he
has sold his country his paryevery things and that you
mean to mpesch HIM Now in the face Of ali this will
you 90 to the people and say that you yet willing
to trust this man SO far as to leave all the money
his hands, seoupdrel and vagabond you Now
that are going to have third party measure
You won't go for Sub Treasury, because thas most
destructive OF all measures you WON'T 60 for United
states Bank because that's condemned by the people
dead. What will you 60 for, them An Exchequer.
gentleman from Massac sailed So So is the plan
recommended by the Presidents and is even more
thought
that the wings finding themselves broken scattered
would rally on this last pan and sustain the President
democrat for he would rather keep the money of
the people in his pocket than submit to the checks
imposed by law, which the Sub Treasury imposes. Pm
that he's moderate of both parties and
for my part I'D rather be called thef- think was the
word He's half the time going with one party and half
Laughter Now, the bal state of the hear Of
entirely owing to the bad conduct OF the wings They
carried out not OF the which at the election
they promised 10 the people. Now, Captain Tyler far
from being democrat, has made upon by his
peal of the Sub Treasury Law He has preferred
all the money OF the people in his pocket and has
proposed legal restraint upon himself As for the wings
look their speeches about The purse the sword on
the of the depostes aud yet they let all the peo
Plies money remain in John Tylers pocket although they
say he's ten times more base more corrupt than ever
General Jackson They know they can't get a bank
they won't go for either sub Treasury Esche
querbut prefer to let all the money remain in Captain
Tylers pocket when they put legal check him
Sir for myself shall vote for the amendment-and if the
House refuse to sustain it, why then they will actually
saying that they would rather let the Preside keep all
the money than pass good laws keeping
| and to seperate the purse from the sword.
Col CAMPBELL, of South Caroline, rose, but he spoke
too low for to hear him distinctly. He spoke for
about two minutes only and could just make that he
lne vas NOT me most preposerous plan he
had ever seen He was always opposed to placing the
funds OF the Government in Banks, and he wished ex
plain his to his constituents for the
give this occasion Hereafter he should be found
ing on the side OF the Democrats with whom he had al
ways acted.
| Mr.. MARSHALL obtained the floor. He commenced
his remarks by pronounc ing splendid euogy upon Mr.
Webser-tha, Mr.. webst.r whom he head some years
ago in the Senate Of the United States Expressions OF
astonishmen) He had read his speeches and them
his study by night and by day For living had
higher than for him. He the intellectual
giant Of the age {Applause) His Mr. $ notions of
Bank of the United States he bad imbibed from Mr.
Webster but the Exchequer Scheme recommended by
the Executive and reputed to be from Mr. Websters pen
was wholly. radically inconsistent with all his former
doctrines of great regulator of the currency. ooh
oh oh Mr.. W. had now pronounced United States
Bank an obsolete idea" II 1t he obsolete
too LaughterO He secuted the sdea Of an Exchequer
to exist by the favor othe Sate for such thing could
go he preferred that the public snies should
kept under the law of So lie noticed the OF Mr.
Wise that the country hud but choose between two
things the Exchequer the Sub Treasury He spoke by
authority
Mr. wrsS asked il he had protested to speak by
authority
Mr.. MARsHALL-T have heard the gentleman from Va
s1y you shall have this and you shall have that