Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1843-02-08
SPEECH or MIR. 9. }, iNGERsoLL.

Mr. Burne moved reconsideration OF vote, because
he wanted 70 say that he condemned the conduct of those
who would do nothing for the country.
Charles j. Ingcrsou then and renewed the motion
90 reconsider All the members crowded up 10 hear him.
and the House still as death.
Mo. {. J. lngcrsol said-Ths measure, Mr. Speaker.
relating 10 the ENchequer originated with the President
whereas only legitimate origin OF measure 10 regu
late the great II these United States u this
House OF Representatives (lIcrc Mr. Underwood Clay
Wing. from kentucky, and of great talent cried out
Good that's good doctrine" And wantto sec this doc
held and sustained by all parties and IL will tend more
any thing else the Pacifeaton and harmony OF all
parties this great question, and TO bring about some good
measure for regulating the currency Sui, Mr. Speaker,
feel deep debt Ut gratitude towards the President tor
what he has done; aud think the country not sufficient
w awake the Importance OF the dcbtt Mr. Tyler
/, has been said tina, he i President without party; and
am certain that It absolutely necessary 10 have
large party sustain him. But rate, party
party he has taught the people that there is virtue in the
Constitution ci which they wee not hitherto awae That
all the duties 1T the
udcsl-may be carried by gentleman not prepared by
the people or the offices and that yet this and
difficult aspect every thing works we'll On the happening
of this contingency which occurs for the inst
the history of our country, We are satisfied that
there can check excellent lnSuuuons-ha all
will 70 on as BEFORE and work with harmony; and wish
the country fully understand and appreciate this show
inc that all times, under such circumstances the regular
and constitutional functions Of the Government will be
perry performed. This fact is striking and most Sasiac
tory demonstration OF the truth what Mr. Jefferson said.
that this Is the strongest Government in the world. The
practical demonstration Of all tins constitutes deep and last
debt 81 gratitude winch We 10 the ITtrluthN
although all relations andin'ercouTse with thatgeneman
have been OF kind and most respectful character yet Is
strong for opposition part that tins EXche
quer recommended BY the President at all. Tins House
is no, generally familiar ough; be with the act OF
l79S. have studied that thoroughly. And al
think that that organic act eoeVal with the DAYS OF
Hamilton OF Washington, OF Ellsworth
Cushing.-Of Madison
INskksoLl--Gf Madison and ali Of the great trainers
OF the constitution, who came into Congress under the
Consiutonthat that act contains the gem and basis OF
all want and that by departing from the principles
OF that act caused all present difficulties; and only
BY returning these principles shall recover our lost
ground. by committed the Sub Treasury
scheme voted for II. and shall vote for it again. but
am not welded And sull say that the Independent
Treasury ought have been made Executive
party question at all This wrong-n the principle IN
right il sufficient for 60 for the principle with
out allowing it made Executive party
The OF 'S9 gives the basis OF all want, and
to 60 back should hnd it infinitely better for
all the purposes trade and commerce than United States
Bank. Subsequently this passage IN message OF
the President supposed recommend the establish
OF National Bank, and hence the rsi United States
Bank started and this for long time became the de-
posory OF government funds, and the great regulator OF
currency and exchanges; and this continued increasing
in power until saw in the time OF the late L. States
Bank iha, became the de-po; for party purposes
Then sir the State banks which admit started
/ BY party. Laughter from the Wings and cres OF
That's candida These set up with view 10 coun
the banking OF the National Bank; and this struggle
on running through the suspensions OF specie pay
in England. until this country iiersy and truly
almost banked destruction. Now sir, fast
ering from that Let us take warning by the Past-and
look well what do for the future. The President
eOmmends treasury bank and l. for do not feel all
the holy horrors that others profess % feel such nu
tion-bui treasury bank, such he recommends, with
large paper all based specie, and 10 have the
power regulating the exchanges, the formidable
and fearful OF all the powersSha be imagined
You Mr. Speaker well remember eloquent speech made
this floor in favor o the United States Bank, land Of
which there 100000 copies printed and disiribuied
where arguInen, turned entirely the power OF the
mighty exchanges OF that Institution. Sir, these exchanges
the main stimulus the most dangerous fomentaon OF
that nodinatc, eXt1yagsnt sp Of speculation, which mas
been the Of the country And, SIR, government.
with shall have the power issue promises
pay" that dollar for dollar based specie. Yet
/ ain bgoied; am willing TO look at the
commended by the gentleman from Massachusetts Cushing
and all due adopt portion
OF i, that believe be beneficial the country. But
cannot yield 10 this measure which has been pressed and
undaly pressed upon by the President From all that
see hear read and learn President have
made the passage OF this EXchequer strong and fayorats
object Sir, with all the espec and gratitude that feel
for hs distinguished man. that fact, sir would be add
tonal for against it, But this
act Of 49, SIR gentleman that that only
creates an Independent treasury cut an Independent Se
cretGTy Of tie TTeGsuryf-One who is obgaedto make
his reports the President butmust report House
And this House can at all times by resolution, call that
Secretary the bar vi the HOuso-not being under the
cessity OF writing 70 him for any information may
and receive written but the House has the power
Of placing that Secretary Of the Treasury there Tie bar
and then aud there question him the fullest
10 the State OF the finances the public treasury, and every
within the scope Of his duie-. peculiar power
this, and showing what the design of the and pu
dent trainers OF that That Of Of SO has been
altered sncc-it still stands in the Statute Book and there
il will stand until sonnet thing better shall take it, place
Now whit this measure Of the President which has been
twice recommended IN hrs message and about which there
has been $50 much cOmmotion" laughter and long de-
bate and speech about which much has been said
which shall have something say about from gentle
man who only ver distinguished by his proper NAME
but who has been sometimes called Tian and sometimes
/ Tiger, and Hercules, and Demi-God, and sometimes
Vesuyus, and Mont Blanc, and crucibe and hon
and sometimes Samson, and all Of things -
(Roars Of aughter As to bis being called Godke that's
nothing Sir For the byperbolcal exaggeratons in this
House, throw every thing else said OF him this House
far the shade. Now, that gentleman, his ceebrat
I'd speech at Boston, which widely circulated and
which has created great sensation far and wide, says
that II there any subject which he does thorough.
y understand It that Of currency and finance. Now,
sir say he knows very little nothing about it, Great
aughier st least sir with all due difference that gen
iemar can only say that il he understands It, don't
lonrs Of laughtor) lie saws too, sir that speech that
he's bulonst | deny it! tLaughter) He's no bull.
ouist ALL sir No be buIionist who will give
TO the President the power issue paper money he pro-
poses TO do. Now he may be Mont Blanc, he may he
Nesuyus, he may be tiger, 1lan Samson or what
else you please but deny that he's buiOnisi II ne
would give the President that power Of regulating
the mighty exchanges Of this country Now, sir instead
Of his views being the carnations Of q mind az
they have been called, pronounce them crudies and
puerites, sir. lsaughier) No who had thoroughly
studied the subject would thus express himself unless he
determined to carry his project mems minds and
through mems minds, by the force Of his ps, Dirt
Sir he that he will pledge his reputation that this mea
sure, IL tried, would relieve the county Yes sr il would
relieve the country, precisely would relieve him. or
would relieve the, II either Of sick 10 60 and
get Jolly well drunk, II il termed-( Lsughter) Many
gentlemen here know well what mean and the curious
effect it would have Here tho members convulsed
with laughter particularly Bngg the President Of the TEN
pemnce Society. ~ doubt, ST, should feel uncOm-
monty happy aud comfortable for a little while; but them
az our friend the President Of the Temperance Society
would say, we should have 10 get up next morning with
most shocking headache and with al the rcmjsc Of dis
ordered stomach,-lRoars Of lsughter Sir believe that
the country is 70 grea extent induced believe that Con-
Ere-s can relieve the people, IL will. And Tor one will
give al due attention 70 every proposed on this
SUBJECT and t my vote give relief, the country
shall haye H. Sir without any reference party or
feelings, or any connection with any miserable question Of
president making disposed doubt the proprety Of
passing any new measure just az present know that no..
thing but tic terrible irbuaon the country has undergone
could ever have caused IL make up tao subject Of the
currency a. IL has done. But sr think it will be betor