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

10 refer mere negative proposition tor weeks, and
spend all the session In idle debating, and at last
leave off as wide at sea as we were when we began.
This, sir, Tor one never will dos and, therefore,
shall vote against the proposition OF the Chairman
OF the COMMITTEE on Ways and Means.
Mr.. Boris was perfectly willing to vote for spe'
cfc plan; the plan he preferred United States
Bank or National Bank. But the question now
before the House was mere question OF printing.
The proposition of the majority OF the committee
simply that it is not expedient to adopt the plan
of the Secretary of the Treasury: Now, what is
the proposition of the gentleman from New Hamp
shire IL is to instruct the Committee OF Ways
and Means to bring in virtually Sub Treasury.
Now, | wish to keep the questions separate and
distinct Let us vote first on this motion to print
the report; and then let the House say whether the
committee shall be instructed to bring in bill to
establish Bank of the United States, or Sub
Treasury.
Mr. FnLMoRE-Sir, am not surprised to see the
haste with which the gentleman from Massachu-
sets (Cushns) rose to oppose the report even be-
fore he heard II read. 1t will be well remembered,
that this plan of the Secretary, which the committee
report ought not to be adopted, is said to have been
chiefly, if not entirely, the work of the Secretary
Of State. At the last session, sir, it Is well known
that select committee of friends of the President,
at the head of which was the gentleman from Mas
sachusetts, reported an Exchequer plan OF their
own. And, sir in his famous Faneuil Hall speech,
Mr.. Webster said that that plan reported thus by
majority OF the friends of the President, was not
worth rush-was not worth the parchment on
which it was engrossed. Now, sir the gentleman
says we put no question before the House, but only
mere negative proposltion Sir, the question is
already before the House, in the best possible shape
that the friends of the President could place it, in
the bill of the gentleman himself, (Cushing) now
in Committee Of the Whole. Again, minority OF
the Committee on Ways and Means have reported
plan here similar to the Sub Treasury; and so the
ques ion is in reality before the House, for its
sideration, in every conceivable shape At the
time, this committee pledge themselves, at proper
time, to bring forward specific proposition of their
own. But they wish this plan of the Secretary first
disposed Of Now, if there be single friend in this
House to the plan of the Secretary, let him move
to strike out the word mot" in nv resolution
make il read that it "eught to be adop ed ;" and
should like to see the man that would vote for it,
But sir, under the circumstances, the committee
have no power TO report affirmative plan. Ii
would be violation of all the rules of legislation
to do soto report rojd of their own at this time,
Sir the plan of the Secretary IS inherently defective,
that it Is impossible to make any thing of it and
that's the opinion of a majority of the committee
Therefore, move that the report be printed at once,
and shall vote accordingly; and wish to see direct
Mr.. WIsE,-Sir, this state of things, is precisely
what anticipated The reference of the plan OF
the Secretary to that Committee like giving it
over to the wo-the reference to them, sir, was to
commit II to be destroyed. They never meanttO re-
port any affirmative proposition, but merely to con-
denim this one plan. One of the reasons they as
sign for their desire to have plan, is that the money
power is in the hands Of the Executive They re-
hands of the Executive The Secretary of he
Treasury and the President, present plan which
effectually strips the Executive of all this money
power-it Is referred 10 the committeethis sapient
committee report that 1t ought not to be adopted.
and there their wisdom stops; and there also it
seems their patriotism stops. Does the gentleman
(Fillmore) mean to say, that he couldn't report a
plan of his own that would be exactly the thing
No, sir, he doesn't say that But merely that one
out OF thousand and one ans that might be
brought forward will not do. That it is not fit even
for repair. Sir, it was formerly held as a MAXIM
that one of two alternatives must be chosen Sub
Treasury or United States Bank. Though this is
now denied by those who choose middle ground
and who have brought forward plan for an Exchs-
quer. Could the gentleman, then, not have reported
bill for Bank Of the United States and repeat the
creed Of aut Caesar amt nuai,Gs--a Bank or nothing
Does the gentleman weigh well his words when he
says that this plan of the Secrearys so bad that
1t can't even be amended. Why, sir, one mode Of
amendment is to strike out all after the enacting
clause, and insert an entirely new plan Does he
mean 10 say, he did, that ii is too bad even for
that! suppose not. He could not be so absurd;
his remark must be taken, then, as mere figure
OF speech. He may mean that this plan for an Ex-
chequer is so bad as to be unworthy of considera-
ton; but not that something a substit ate might
have been brought forward by the wisdom of The
committee ask, then, sir, why the substitute was
not repertedl
FrLLMoRE.-Does the gentleman wish for an
answers
WISE i do, most certainly
FILLMoRECThe committee supposed that sub
stltute for this had been reported by the friends
OF the Executive last session, (Cushings pan) and
was now before the House in Committee of the
Whole, for consideration.
Mr.. WISE said something which could not hear
but it was about the friends of the Executive, and
appeared to be a repetition of the question
FnLMoRE-A majority of both Houses reported
their plan twice, and twice il was killed.
WIsE.-What plant
SEVERAL WHIGs.-A Bank.
WISE. -BANk!!! Sir, I've got my answer; and
I'll go to the people on hatquestIon-bank or nothing
and let jury OF the whole country try the cause be-
tween US. know the result Sir | want to take
the money power out OF the hands of the Executive;
and the gentleman says, oh, there is other
DO 1t but by means of bank. hut Caesar, ant nd-
las again. Is there then to be either this great money
ed power OF United States Bank again. or is the
Executive to be allowed to retain this power? Is
there, sir, to be middle power? Sir, want this
issue tried in this House at want the vote 10
be taken now, and let our names be recorded there
on. That one party shall vote TO say there shall be
nothing but United States Bank and the other
party that there shall be nothing but Sub Treasury.
Take one OF these extremes nothing! Sir, on tina
issue am ready TO vote at once; no more delay. !
sustain the previous question:; and shall vote with
the minority OF that committee; shall vote for the
amendment OF the gentleman from New Hampshire:
and wish the clerk to read the resolution again
CT was ready Now mark the difference, sir; the
majority OF that committee say that the Sub-Trea-
sury Is good Tor nothing, and there they stop. The
minority say that they want some plan; that they
want something done for the safe keeping of the
public money and to strip the Executive of this
money power; and, sir this desire is actually in ac
cordance with the professed principles of the ma
jority of that committee
Mr. ATHERToN TO say that he wanted to pre-.
vent the use and abuse ~f the puSlc money by any
WBE.-Sir, 60 the full length and breadth Of the
gentemans prsposition-no only prevent the abuse
but also the OF by any and every for their own
private purposes. Sir, go it! That the Government
shall forever be separated from connected with any
moneyed corporations in any and And Sir
all these plans were as fully avowed in the plan propos
ed by the friends Of the session as er they
were by the friends Of the subTreasury. And instead
voting to refer this amendment to the Committee with in.
sructons when they say they can't do any thing to i'm
prove the Secretarys plan vote to refer the
Committee of the Whole on the State Of tho Union and
there you will find plan already matnred for meeting
ready to defend that plan line line and precept by pre-
sept will show that it most eff ctually separates the
government from the money power that efectusy pro-
vides against the OF the public funds for any improper
purpose and against all abuses of any and every nature