Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-01-31

,t;on safe keeping and disbursement public
rceyt the act Of l7S9 which declared tnat u shouio
be placed under the custody and control OF the ifeasu
rer of the u ST. and the resolution 1917 "n'cn
clared the kind Of money which shouid % paul.
was his recollection Of the language
! Mr. CUSHING remarked that he had said ina there
was no provision as the places where the pubic mo
news should be deposited and how they should Dc ois
bursed. .r ,-ao
Tho Treasurer is authorized to receive and Keep tne
moneys of the United States and to dsburse tnem on
warrants drawn by the Secretary OF the treasury ~
10 the medium in which the public dues snail De Palu
,hey had the nnt resolution of 1916, which prescribed
that they shall be paid in gold and silver, treasury
notes. or the bills of specie paying banks therefore,
they had provisions designating the ofhcer VINO snai
keep the moneys, and the medium in which the puohc
dues shall be paid. And he wanted to know wnat more
there was in the various Exchequer bills than hs o
under this scheme the Treasurer constituted one OF the
| board of commissioners. The system which we mao
now in operation, but part OF the scheme proposed
by the Excheuuer. The gentleman from Massachusetts
said that there was security for the public money
but this was not the fact. Although The SubTreasury
was repealed SO far authorized the appointment
of Receivers General, and the construction OF build
ings as the places of deposte of the public moneys
and the payment Of public dues in gold and silver, YET
the penal part intended 10 the public treasure,
was retained and Congress added to the security by
declaring that refusal, by an officer, to pay any mo-
new by draft or warrant drawn on him by and slgneo
by the Secretary of the Treasury, or refusal to trans
fer or disburse the legal requirement of the proper
officer shall be prima acie evidence of the conversion
of so much money to his own use and furnishing the
nalfeasance with fine and imprisonment. Had the
committee omitted 10 perform this duty, because tney
had not proposed greater penalties? They had not ana
he pointed the Exchequer, which, instead OF ioroio
ding any officer from investing using the Puolc mo-
new he expressly authorised TO use 1t IN pursuance
Of his duty. He contended that, odlons as the SUD
| Treasury was, it did not compare with the hydra
headed monster brought forward IN the shape OF
/ Government Bank; and entered into defence OF Inc
report Of the majority Of the Committee of Ways and
| Means.
The previous question then demanded, when
Mr.. THOMPSON moved to lay the whole subject on
the table.
Mr.. CUSHING called for the yeas and nays and,
being taken the question was decided in the negative
yeas &c, nays l4l.
The question required on secondng the demand for
the previous question.
MIR. CUSHING withdrew his amendment to the re-.
solution, viz: to strike out the word "not, so as 10
make the proposition affirmative instead of negative
Mr.. PICKENS desired 10 say that the proposition OF
The minority was not intended as substitute for the
resolution Of the minority, but as an amendment
! The demand for the previous question was seconded
ayes %, nays rs.
| The question was first taken on the amendment, as
| follows, viz:
And that the Committee Of Ways and Means be in
stucled bring bill regulating the collection, safe
keeping transfer, and disbursement OF the public mo-
new in such manner as shall, for possible, SUBJ
sttute provisions of law for Executive discretion in the
mana cement Of the finances shall prevent the moneys
of the people from being used for purposes OF private
speculation and emolument, and shall render the Co.
vernment independent Of The agency and influence OF
moneyed corporations
And the amendment was reected-yeas los, nays
1I5.
The resolution, as follows
Resolred That the plan Of an Exchequer presented
Congress by the Secretary of the Treasury at the last
session. and entitled "a bill amendatory of the several
acts establishing the Treasury Department. ought not
to be adopted-was then agreed to-yeas 1913, nays H.
as follows:
Yeas-Messrs Adams, Allen, l.. W Andrews, S. J.
Andrews, Arnold, Arlington, Atherton, Aycrigg Bah
cock Baker Barnard Beeson, Bidack Birdseye, Black
Blair Boardmen, Bolts Boyd, Brewster Briggs Brock
way, Bronson A. V. Brown, Milton, Brown, Charles
Brown, Jeremiah Brown, Edmund Burke, Barker, Bur-
nell. VIM. Butler, VIM o. Butter Calhoun, Campbell,
J. e. Clark, s. N Clarke, Clifford, Clinton, Coles,
Coquitt Cranston, Cravens, Cross, Daniel, Richard
d. Davis, Dawson, Dean, Debery, Doan, Doig, East
man, John Edwards, J. c. Edwards, Egbert, Everett,
Ferris, Fessenden, Fillmore. J. G. Floyd, Fornance, a.
don Graham, Granger, Green, Cuisine, Gwin, Hall,
Harris, Hays Hopkins, Houck, Houston, Howard,
Hubbard, Hunter, Hunt, e. }. Ingerso j. r. inger-
sol Irvin James, Cave Johnson, J. w. Jones, keim,
ell, A. Mcclellan, r. Mcclellan, Mckay, McKennan,
McKeon, Mallory, Marchand, A. Marshall, S. Mason,
J. T. Mason, Mathiot Mathews, Mattocks, Maxwell,
Maynard, Med, Meriwether, Miller Mitchell, Moore,
Morgan Morrow, Newhard, Oliver, Osborne, oTsley,
Parmenter, Partridge, Payne, Pearce, Pendeton, Pick
ems, Powell, Ramsey, b. Randall, A. Randall Randolph
Read Redng, Reynolds, Rhett, Rid way, Riggs, Rod
ney Rogers Roosevelt, w. Russell, NJ Russell, Sal
onstall, Saunders Sewe Shepperd, Shields, Slade, 7
Smith, Snyder, Spriggs, Sanly, Steenrod, Stokely,
Stra,on, A. H. H. Stuart, J. T. Stuart, Summers,
Sumter, Sweeney, Taaferro, John b. Thompson, R
w. Thompson, Jacob Thompson, Toland, Tomlinson
Triplett Tro,,i, Trumbull, Turney, Underwood, Van
Buren,, Wallace, Ward, Warrenion, Washington,
Williams, Jos. L. Williams, Wood, Yorke, A. Young,
John Young-l93.
.Nays-Messrs. Barton, Borden, Bovine, G. w. Cald
we'll, Cowen, Gushing, Foster, P. 6. Goode Halsted
Hudson, Irwin, W. G. Johnson, |. D. Jones, Morris,
Rencher, Tnghast, T. w. Williams, Winthrop-16
Mr.. BURNELL moved a reconsideration of the vote
just taken. He recorded his name in favor Of the re
solution because there one feature in the Executive
plan which he could not sunction viz that The revenue
Of this Government should be capital stock for banking
purposes So far the majority Of the Committee of
Ways and Means had gone they had thrown the nation
hack for he did not know how many years on Bank
Of The IT, ST. and the minority had placed them in an
anti goni.ca attitude. But he desired that something
should be done 10 relieve the people. He was not will
ling 10 yield his opinions this subject TO any party or
set Of men others might do as they might, and take
their own course. 1t was their duty, as Representa-
,ves, to mature some plan of finance which was con
suona and which would answer the purposes Of The
Government and the people, in the absence Of the pos
sibity of obtaining the passage of measures which
gentlemen might individually prefer.
MIR. e. J. INGERSOLL said that he had advocated
the Sub Treasury, not because he was particularly wed
ded 10 it, but because he loved the principle tshould
have been made an Executive party question;
and should not or hereafter The act Of 80 was
better than Bank of The U. s., probably better than
the Independent Treasury; and they had to do nothing
present. but to put themselves that law and there
they would find oil they wanted.
Mr. JONES' of Maryland, gave his reasons for voting
against the resolution. lf,hey could not have
tonal currency supplied by Bank Of the U. States,
it the duty of Congress TO supply itby some other
means and the scheme which had been presented per-
haps might have been amended, in essential particulars
TO answer the purpose.
MIR. ARNOLD, after few Introductory remarks,
moved the previous question the motion to reconsider