Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1843-02-03


eminent of the United States was supreme
irrespective of any State legislation TO the
contrary but in this Exchequer scheme he
has introduced a provision that the Govern
ment shall not establish an agency in any
of the States without the consent OF such
state thereby recognizing the principle
that the General Government can, by the
%concurring legislation of a State Govern
ment, do what the Constitution has not Civ
en- the General Government the power to DO
of itself. A most dangerous doctrine A
doctrine by which every provision of the
Constitution may be disregarded, and an en-
tire new system of Government formed by
compact between the General and State
Governments.
MIR. Wise, without explaining this in
consistency, insisted that Mr.. Websier's
past principles on this subject were recon
cilable with his present position. He had,
in 1896, long before his speech in FaneuiI
Hall, remarked in the Senate Of the U. S.
that he never would again advocate or pro-
mote the charter Of the Bank Of the United
States.
From my recollection of this remark of
Mr.. Webster, for / was at the time in the
gallery of the Senate Chamber, Mr.. Wise
has as grossly misquoted Mr.. Webster, as
Profit did the report Of the case in which
he charged Mr.. Clay with having used un-
due influence in procuring a loan for a
a friend from the United States Bank-he
has made a period where there should be a
comma. Mr.. Webster said on that occasion
that he would not advocate the charter of a
~ {. n I'll L.. ,.,~ .u..rEoI - ,n,. a.
manded by the people, and in the connexion
in which he made that remark he clearly in
Dictated his belief, that after trying every
thing else as a substitute, they would clamor
for a Bank.
Mr.. Atherton addressed the House in IA
vor of the Sub Treasury. The only thing
he said, that was new, was that the people in
the elections of 40 had not condemned this
scheme.
Mr.. Profit asked if the gentleman last up
would come out open and above board and
say to the people that he was in favor of the
condemned Sub Treasury! Would his
party come out and say sol Many voices
responded yes" He replied that gentle
men might say so in their seats, but they
dare not come out before the people and
tell them they were in favor of the oId-fash-
toned and unaltered Sub Treasury, as it had
been passed upon by the people at the cleo
tons of 1910. Mr.. Profit continued his re-
marks in a strain of reproach and defiance
TO the Sub Treasury party.
Mr.. Fillmore obtained the floor, and the
House adjourned.
Washington, Saturday night, Jan. %.
Upon the call of Mr. Fillmore, the report OF
The committee OF Ways and Means upon the
E%xchequer was taken up.
Mr. Fillmore then addressed the House i'm an
able speech in defence Of the report. of the com
mittee, and in reply TO Mr. Gushing. In refer
ence 10 The charge that the committee had ne
elected lis duty by not recommending aifirma-
tive action, he said that the House was already
IN possession Of the Exchequer plan of the
Treasury Department, and of a modification of
that plan as reported at the last session by a
select committee, which plans, Mr. Gushing had
affirmed, presented that scheme in every posi-
Bile shape; and as the committee could favor
neither of these schemes it could make no rec
ommendation on the subject. In reference TO
that part of the report of this committee that
speaks of the power Of removal from office, and
which Mr. F. thought had been misapprehen-
ded, he remarked, that his own convictions
were, that the power of remova resulted from
I"' :" NBRR'"f' Nhb hh"N NliNU lllt INV
er OF appointment was vested in the President
and Senate, the power Of removal could only
be exercised jointly BY them and not by the
President alone. II was so argued to the peo-
pie, in the Federalist, when the constitution
was pending before them, for their adoption
and Tins was their understanding of this power
at the time. But, such had not been the prac-
teal construction of the constitution, and The
Committee are bound TO consider the effect of
tins mower in rplpranrp IN lie nneea...1, l.. ~
President without any control from the Senate.
In reply to Mr. Cushing's assertion that there
were no provisions existing to guard the public
money, and 10 punish defaulters, exccpt such
as were contained in the act of 1889, and The
of 1916 he showed that existing laws
had provided ample checks and guards for the
security oiihe public money. In the first place
there was the law of 1889, which provides that
shall be the duty of the Treasurer of the
!, ~. ? 10 receive and keep the moneys of the
u :. and dtSburse them upon warrants dratrn
oly me Secretary Of the 1reasury.-The reso-
Iullon OF lSl6 prescribes the medium in which
the public dues shall be paid, which is gold and
SILVER, treasury notes and the bills ofthe specie
paying banks-and the act of 1871, repeating
The independent treasury act, contains a pro-
Vision that II any officer charged with the safe |
transfer or disbursement of public mo-
heys sinai convert TO his own use, in any way
Whatever, or shall loan with, or without inter
est, any portion OF the public moneys intrusted
10 HIM, every such act shall be deemed, and adj ]
judged TO be an embezzlement Of so much of
NE public money as shall be thus taken, which |
IS declared TO be a felony; and the refusal to /
over, on demand, any public moneys in his
ldhos upon a legal warrant, or order, is declar-
"a Pfima Jacio evidence of such embeZzlement. !
Any officer or agent of the United States and I
all persons advising or knowingly participating {
n any such embezzlement, upon being convict, Z
ri thereof, shall, for every such offence forfeit !
and pay TO the United States, a sum eopal ~