The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1843-01-27

The enIleuiau come oui and SAY TO the people, O,cn
and aboyoboard, that he was for the plain undisgus
ed, old-iaShionod sub-trcasup Would his party
come out aud say 80, A dozen yoiees responded
"yes."l Al, gentlemen say 50 in their seats; but
lei them out and put themselves on the platform
come out aud say they ior the Sub-treasury,
without modification, and without looking 10 the OPT
MONS aud expressions Of the people Though they
would do so Individually, they dared not come out
openly ON the naked, plain, and unal cred and un-
alterabe Subtreasury. There the gentleman from
b. Carolina Of the Committee oi WAYS and Nc aus
who was bold man, and he MIR. L. said once be-
fore, that il any man dared To come out, he (Mr.
ftckens) would be the man. but the Democratic
Review of November suggested that a modification
be made 10 the sate-keeping, transfer and dis
bursement Of the money; and II proposed that ass-p-
araie Board should keep the money OF the people,
and that drafts should be drawn bills Of exchange
sold TO ray expenses Aad was this the old fashion
ed Sub-Treasury' As honest legislators as the De-
mocrats were, they were afraid to- out ssd put
this question before the people. They would be
demented II they would go into the coatest it'll the
Sub-Ireasury. They would never dare 10 venture
in Ohio. Recollect the electoral colleges will not
stand as they do now. New York will come down a
few votes, so will Pennsy snia-the States on the
whole Atlantic horder will come down, and recolleci
the strength Of the electoral colleges must
sequence, decrease. The new States are ncreas-
ing, and rash party leaders will lind that they
cannot drive the moderate masses into the common
my II they nuke the attempt. But did the substi-
tutc Of the gentleman from New Hampshire
propose od-lashoDed Sub-Treasuryi II il did,
why was II not made 10 read, that the committee
OF Ways and Means be directed to report the Sub
Treasury bill, as formerly in existence, item for
item, word word" lie admired the ingenuity Of
the gentleman from New Hampshire as much any
one but why did not the gentleman tell the House
and the country while adyertng TO the Sub Treasury,
what was the operation of IL? lie would ask hun
a -.
Was solitary dollar paid ia pee in The city u Nt,c
York? That was a home question. And during the
whole time the scheme was IN operation not one dol
lar was paid out lie got this information from the
documents. He knew what was done in Boston. MIR.
Bancroft tried II for week, and could not carry ii
out The money counted in that city, but il fell
in weight. In New York checks were endorsed "pay
able in specie taken 10 the banks, and put depos-
tie as specie. II any gentlemen from New York
could say Otherwise, let them do No answer!
All mute Under this unchanged, Interchangeable, inn
muable system of the Sub-Treasury, moi a solitary
dollar was paid in New York during lis whole exist
ence. Gentlemen spoke of the dear people -
and the dew-drops falling from their fore
heads, and Of their great industry, ETC., while here
they did nothing but talk talk talk necessarily about
things while they had the whole matter of fact be-
fore them. lie was told by gentlemen around him
that they ud so into the battle with the old-iash
toned Sub-Treasury, the repudiated Sub-Treasury;
and they spoke of the Exchequer Government
hank ana the expansive princplc ana thch tiiey ac-
knowledge by their silence, Il at they took the checks
of individuals in violation OF law, for the hard money
ITSELF He did not rushlght for both parties,
and he thanked God that he stood in position
where he could talk And he would say something !;
and he was included among those who the gentleman
from Massachusetts, (Mr. Cushng) said would have
something to say here. [Laughter.l And he would
talk would speak to the purpose, AMI cared n what
was said around him. The friends of this Admins
tration would speak to the people and defend il from
the attacks of both sides. But the gentleman from
New Hampshire in favor of paper money
without specie basis. How many millions of I'rea-
sury notes did he vote to issue; Where was their
specie bass' Let the Government creditors refuse
to their Treasury notes, and where would the
Government be- Tell him about paper He said
that the Government could issue paper but the pow
err might be abused any other system. The Sub
Treasury was abuscd--in New York, where two
thirds of the revenue was received, n dollar
was paid in specie. If any body could contradict
him. let il be done. Let the Receiver, Collector and
the merchants Of that city out and say how the
duties were paid. lie knew that the mass Of both
parties disposed TO do justice If leaders did not
drive them into party measures.
Mr.. FILLMORE expressed desire TO address the
House. [Cres of 81 Adjourn He was willing to
go on. However, he gave way for a motion 10 adj
journ which prevailed