The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1843-01-25

Kentucky, Ia The nature Of bill, had brought into
review statement OF the condition Of the Govern
ment, and the amount Of its revenue. After having
reduced the imports Of the country 10 a state IN
which IL was impossible for them to remain, propo-
sition was made 10 cut down the number Of OFF
GERS Of the customs lie would say 10 those who had
produced this result, ca 'amtous and almost unpar-
alleled as was our present condition, the time was
speedily coming when life and energy would be in
fused into the tariff and there would be occasion for
the full employment OF the officers now in service
Let something like hope be held out To the PEOPLE.
Mr. CUSHING moved that the bill be laid on the
table.
Me. GARRETT DAVIS called for the yeas and
Nays which were ordered.
And the question having been taken, il was deeld-
ed IN the negative yeas Is nays 1855.
The bill was then referred 10 the Committee of the
Whole and ordered TO be printed.
THE ExcHEaurR
The House resumed the consideration of the report
OF the majority and minority Committee Of Ways and
Means, on the subject of the EXcbequer.
MIR. CUSHING, being entitled 10 the floor from
yesterday, resumed his remarks in the of
which he said that if the House would go into Com.
mittee Of the Whole on this subject, he would move
the bill OF the Secretary Of The Treasury an
amendment Of the bill reported during the last ses-
sion by The select committee so that both sides Of
the House, and every shade, might h ave opportu-
Dily to discuss The question, and gentleman be
able TO avoid responsibility on the allegation that
those gentlemen called " the peculiar friends OF the
Administration dlscredled the plan proposed by
HIM There was now National Bank and the
Subtreasury had been repealed. The law of 1883
was In force; and the act Of 1916 provided that
all duh 5, taxes, sums of money accruing
to The United States, shall be paid in the legal cur
rency, Treasury notes, notes of the Bank OF the
United States, or notes payable in specie. The law
IN relation to the places and mode Of the deposes
OF the acts OF Congress impose certain duties on the
treasurer under the direction Of the President OF the
United States. In this predicament of the Govern
ment, the President in whom the discretion m-
posed, came TO the House and asked them to relieve
him from this discretion, and take from him the gen.
eral power over the Treasurer and place it UNI
der an act Of Congress And what was the reply
We will not legislae unless in the form of a
joint stock charter, in the form of Bank Of the Uni
ted States and this is the precise form pointed TO in
the resolution of the Committee of Ways and Means
But this was not meeting the Government eXigen-
cies. II does not follow, because they were not to
have Bank Of the United States, that they should
have no legislation. The minority of the COMMITTEES
had acted wisely, and proposed something in the
place OF the negative proposition of the majority
But the plan of the Exchequer gave every thing in
the charter Of the Bank Of the United States which
The people wanted in such Institution, and avoided
every thing in the charter of Bank Of he United
States which unconstitutional and adverse to the
fixed financial opinions of the American people. 1t
gave all the public wanted, and what they wanted.
Mr.. BARNARD obtained the floor
And the House djourned