New-York daily tribune., 1843-01-30
The Defeat OF ,he Excheauer.

TO close us discussion OF the Exchcquer p,ojec,
aud by OF than tes to en- c refused TO
adopt that messu'. Mr. FILLMORE having spo.
ken in opposition TO the scheme. quoting freely
from Speech OF Mr.. Catch Cushiag OF Mass in
1887 in opposition to any Government Bank or
oiher maehisery Of ,hs sor,, Mr.. THOMPSON Of
Miss. moved tia, tho whole sublec, lie on the ia
Bile, which was ncgatiyed: Ayes 66, Noe. AL
The Previous Question. which had been previously
dsmap,Ied, wa, now ru, and seconded -98 ,s -
The frs, question being on Mr.. ArHgR1oSs
amen1ment, instrncting the Committee of WAYS
and Means rePert a Fiscal Plan which -houd
substitute law for Executive discretion, and rcn
der the Government independent, of the agency
lend influence OF money,d Corporations. This
amendment was designedly wo,d,d ,ha, all Fx.
chequcr and Sub Treasury mca-nll opponent. Of
au. s. Bank or the Dcpos',e systcrn-would vote
for il, and i, ouy taiI-d by il Nays to 0j Yeas
ten majority For the amendment: Messrs Hal.
s,ed OF N. J l. D. Jones of Md, Renchcr Of n
c., T. F. Foster of Ga, and Casey of H., (Whigs
or doubtful; } With Messrs. Gushing OF Mass, w.
w Irwin of Pa G,irner and Mallory OF Va, (Ty.
Ter men,) and DO Locofocos. AgGi.st it, rs
Wings favorable TO a National Bank. So the
amendment fell. The question was then upon the
adoption OF the Resolution of the Committee OF
Ways and Means, which waa as follows:
Re,e'res, Tha, the plan ef Ereh-qucr presented to
s,ons and ep,,l, s .mrn,s;erv 81 ~. .pyrn,, se,.
establishing the Treasury Department." ough,
adop;rd.
This carried by the overwhelming vote cl
Ose Hundred ard Ninety three to Eighteen, a.
follows: For the Resolution. the erca, mass u,
Wings and Loco T ocos; AgaiMst il, or for the Ex.
chequer:
Williams Of Conn rhlnSh.a OF X, l. H,.cas OF n. }.
johnson and T. d Jones, OF Mt. Bauon Va ksncler
OIL c. r. r. Eo..et OF @. iearf:e" wh'c.
Mesrs- Cushing OF Mass. w W. Irwin ot "a t'co Tyler
Messrs. Bovine OF N. Y. G. W. Caldwell of N. e. tu,
IoooS
So it will be seen that the question only
tno Loco Focos stood up for the Excbcqucr, and
tmo Of the TYLER party Wise and ProtI, Lcire
among the missing, and Giluer aad Mallory voting
against it, leaving the Wing. give it nearly all
The little support II did get. W,.e excused him
self aftcrward for being absent, but ayowcd tha
he should have voted in the negative. With what
face, then, can the Tyler men complain of the
Whigs for not supporting tho Exchequer whct
snelr own cab-ioad oppose II
MIR. CHAs.J lNGEEsoLL, Of ia. one OF the ahlcs
and most unscupulous Loco-Foc in the Rous
now moved reconsideration, for the sake of get
ting in Speech. He made strong ono, Of course
declaring that he could not for the Excheque
because it came here nooriously as an Executive
project sustained and pressed by The whole force
OF the Preside nlia power. He owned that III,
State Bank experiment of 1887 wa, move oi
his party, and had turned out badly. He thought
this matter Of Currency and Finance belonged en-.
,rey to Congress and should there he settled With
out Executive inermeddling parry feeling. II,
took pains to cut lso,c from tho Suh-Trcasnry
pronouRcing any such eon,riyancc needless, and
declaring the old act OF 1889, establishing AMI dc
fnine the duties of the Treasury Department. suili
cient for the regulation Of the Finances il duly en-.
forced Tha, &C, stands in full force, and will
stand Till something better is furnished Tia,
establishes true independent Treasury'-inde-
peaden, of the President. but not OF Consrcss re-
quiring the Secretary to report to Congress ana
not 80 the President authorizing this House TO
require OF him any Information respecting the Fl
Danccs, directly, and not through the President;
authorizing this House To call him to its bar Ia
answer any questions relating thereto. &c &c
thus making him the officer of Consress and no,
she servant Of he President Mr. Inscr,oll cor.
got TO .ay that ali this had been effect dcstroye6
when Gen jackson was sustained in dsm;s.inc
Mr.. Duane from the post OF Secretary because h.
would not become Executive ninion aud re
move the Dsros,cs-and shnt he. Charles J Ia
rs,soH. aided 10 snsta,n and gre sscccss 20 thai
fo.ai usur patton. So, too. be sxultcd that Mr.
Webster nox declares u. S. Bank nm obsolete
idea, though he in 1887 ard later believed it the
Grand panacea for tho ills oi the Nation but ..f.
/. did not observe Ina, he, {. j. lngcrsoil, who
now likewise p,onounecs Bank an Obsolete
;den did. in 1882. make himself very busy. end
,o;.1 ard vehement, in favor OF Techarterins the
Biddle Monster, besieeng every great man '"'
letter. to publish iis favor and ec'iins such
from Presidcn, Madison, Wm. II. Crawford, &c
&c. All, Charley a crooked path Is that oil a DEM
egngoe of your talents, your lack OF principle ana
vour desperate ambition You a. 'confd hare been
Tory, you declared in the newspapers. Il
yeu hsd lived in 1875, yet thar sor, OF Toryism is
row an obsele,e idea with you. Shall no one
slss have righ, to pronounce their former ideas
obsolete bu, you
Mr. I. went on to show that MIR. Webster knows
,o,s;nr about Currency aud Finance, which he ao-
eomplished to his own satisfaction putting the
u,ns. in great good humos, He thought The
1.,,,rv wa. now relieving i,soli, and would per
e., n. work if lie, alose; and yet he went on to
,..,,o.e ,ha, Mr.. Webster be sen, abroad to make
c,nr,.rcial Trsa,ie. and spen foreign ports TO
~ o,sn;ns our posts IN Furopsan