Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1846-04-10
ITHE ENQUIRER.
RICHMOND, VA.
=,voaaosday Morning, April 8, 1916.
INDEPENDENT TREASURY,

we would be failhless 10 our ouiy, were VIC
M, 10 EXPRESS our cordial approval OF Inc PIonhp'
.nd dsc;s;va manner in which The House OF KEEP
,esep,a,;yes have passed The bill proVio'ns lot
! The establish ment cf G CONSTITUTIONAL treasury
Us passage has served 10 arouse some % '"e
dropping hopes Of The Wings maj 'ney "'ay 81
!, .no,l,er a%papic," and PROSTATE The Republican
,-,v They already denounce The bill, whlcn
will certainly pass the Senate and again become
he Law Of The land, as fruitful Of mischief and
fatal 10 The ascendancy Of our party. Inc appeal
10 The scenes OF 1910 as conclusive OF Inc iac'
that the Sub-Trcasury defeated MT. van BUREN,
forgetting, at The same time, lhat II was 1he
numerous misrepresentation OF Mr. van ou-
ren,s views he fla mors about the standing ar
nv" &c. sc, ina! blinded The popular mind and
gave 10 The Wings a temporary triumph. WIN
iniudicious hasre, the Wings repealed The sub
Treasury bill, before il had been larry ttieu. ~
ore could believe that popular sentiment ue'hana-
ell he sacrifice OF the measure, TO be followed oy
n. establishment OF a Government Bank, whlch
all parties now concede 10 be an "obsole'e uea'
In their haste 10 undo every thing when Inc Ne
publican party had commenced however o"'
nan, with the provisions Of The Constitution OF
beneficial in lis operation, they struck Town mus
measure though il had been in existence LOT
very brief space, and no one had reasons 70 oe-
lieye that il would act otherwise than iaVofaoiy.
Blu, j, was a Democratic measure-ano, theie'o'e'
il must be wrong and ought 10 be sacTIlceo.
at,be mex, election The "sober second thouSht
of Inc people had free and undisturbed pay no
;ssue was more vigorously pressed Than that ola
Constitutional Treasury ol a National banA'-
The result proved, that no measure was more
clearly demanded by popular sentiment man INC
re.es,ablishment oflhe Constitutional treasury
and sill The Wings tell US now, That that mea-
sure is in direct violation Of The public will ana
will lead to a second overthrow Of the republican
parly. On The contrary, had the Democrats ID
Congress refused 10 sanction The measure, 'ney
would have exhibited a violation OF popular.
wishes ,ha! would have called for the Stern re-
Dukes Of their constituents.
For our lives, we cannot see one good reason
why this simple system OF keeping Inc paolc
money should be objected 10. The losses WAlcn
he Government has sustained BY many OF me
Banks, selected as he repositories oil me puonc
funds, furnish proof tina, the public money snouIu
be managed BY The Government itself, instead
OF being surrendered By The Banks, 10 De employ
ed for purposes Of speculation. The increased
supply of specie, which will be made 10 circula'e
through The operation Of The only CONSTITUTIONAL
system tina, can be devised, will, CT itself, give
solidily 10 the Banks, andfI The circulation ct me
country on a stable basis. We shall hear Of no
more wild, extravaganza, and ruinous specula'lons,
demoralizins the community, and disturbing The
regular course Of trade. With a proper mcditi-
cation of The Tariff, and the beneficial operation
Of The Sub-Treasury, We predict for the United
States a STEADY and permanent career oil pros
perity. Aii,hal is necessary, is for The Govern
nent 10 keep lis hands from the business oil
States and individuals. The people can manage
their own affairs better without, than with The au
of The Government. Almost; universally, when
the Government interferes, SO far IRON osnehVins
The general mass, i; pushes he fortunes Ola favor
ed few. 10 the detriment OF all The res. For these
reasons. we desire 10 see the central power co no
thing more than IS absolutely necessary TO carry
out The provisions OF the Constitution, and iokeep
Inc wheels Of Government in motion. The Con-
s,itulional Treasury is the simple and natural
sy.,cm 10 carry on The financial concerns OF the
couniry-i, gives lavors 10 none, and does Justice
10 all, is clearly demanded by popular SEMI
menl, and though the Wing may depIore Inc in
fatuaion Of our parry in ra-es,abiishins a mea'
sure which they say has once Frustrated, aud will
again defeat Us, We shall take the respons'h,i',
~" and stand by what We believe 10 be called
for by The acquisitions Of the Constitution and The
best interest Of the country.