Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1846-08-08


ing these important measures Under this impression, he
had done what he believed be his duty towards avoiding
both the Oregon and the Mexican II remained for
him to do his duty in regard to this bill He wished that it
should be put into operation practicable moce and
he still hoped that would go through successfully Under
these impressions he should cheeuy give his for this
bill He trusted the war would be brought speedy ter
mnaton the homer Of the country would admit and if that
should be the he had no fears Of any reaction.
Mr. CRITTENDEN said that this subtreasury scheme
old acquaintance in the Senate The principle that the
Government take of itself ami leave the people
take of themselves had been announced good while ago,
and that precisely the principle of this bill The maxim
political economy had been laid down by the President who
FIRST introduced this notable plan He said that the people
that the duty OF the Government to take care OF ITSELF
aud that the people take Of themselves This
had introduced the Old subeasury bill and after
struggle that bill became law. And what the
quencc The people, feeling its practical effect adopted
mode taking Of themselves which the most ec
tual that could have been devised They turned out the
whole Administration, from the President downward Now,
said Mr. c. had hoped that lesson like this would have
been remembered for that the only sensible consequences
that grow Of this subtreasuy scheme. The
Senator Missouri M BEsros has recently brought to
light another admirable of il, TO which was stranger
aud that that enabled pay the poor Indians their
annuties in deprecated funds think will be admitted that
any rejected by the American people,
this very subtreasury scheme do not call il the indie
pendent treasury call i the subreasury and want its
old retained, that the people may know that is the
thing which forced upon their necks once before
and which they very quickly broke fragments The object
Of this BILL in technical language, cabac phraseoogy,
TO divorce the Government from the banks" Its true OBJ
jec divorce the people iom their Government When
this tried the last time, the people did not bear very
WE'LL and the result that the Government divorced
from the people. laugh.l And really must say that
but admire the courage and of gentlemen
in bringing forward the scheme again. There it, however,
think little tremuousness. think can slight
waverng but do wish detact from the exalted repu
taon of gentlemen for moral courage II is certainly very
and If choose 10 dare their Vhy be
The people have already given judgment this bill if they
have mind to try again, let them take the consequences
If experience will not teach them, it vain to try other
argument If argument could have deferred them sure am
that they would have been deteed for argument has been
used with unanswerable force Yet their to
bear charmed life is the result of party pledge The
Baltimore Convention announced TO the world that such law
be enacted, and suppose the deed be DONE
Now, political life is not very apt to make saints, lit has
made great many prophets and seems to me that one IN
the least gifted with prophetic vision may very safely predict
the Of this and of its kindred measures will
be now what it in 1910. Gentlemen rushing
their fate-bravey, acknowledge They confront danger,
and bid defiance to death. II is well. Let them go on and
those dsesses which the country has not yet for
gotten and the decision of the country will be what
then The people will divorce them in short order If is
divorce that you want venture to predict your entire graft
fcation.
Why sir nothing was ever more ridiculous contemplate
than such bill this. The Senator from Maine mr.
EyAss very anxious to be informed what the legal
condition of the public money when was out OF their vaults
United States. And there but way providing
for his question and that is to declare that all the
railroad cars and all the steamboats, big and little, in which
any Of the public money transported, also the Trea
sury of the United States If the local presence of public
money make them the Treasury, they certainly as
fully entitled be called any safes vaults which you
can build
which have pointed out result of will be that
than third of s the gold and silver in the country must
pass through the hands Of the Governmental Atlantic bor
~ooffh,o banbus
be- that in that district of the country will
be great demand for specie and hher the specie go
to that demand will speedily vanish from all The in
terror not eagle will remain there they will all have
taken wing for the Atlantic shores How will part of the
country relieve itself from this scaIciy Of the precious metals
cannot see for, the being permanent the drain will
be as constant the flow Of our great waters
And besides this the public money in large amounts must
remain shut up and totally useless The Secretary of the
Treasury says that the Government always have four
FIVE millions reserved in the Treasury to meet contingencies
What more We know that the disbursements will not al
ways exactly correspond with the collections We have au-
thozed the Government twelve millions in Treasury
They will help augment the deposes IN the Ica-
sury, and by Government drafts the sum will be aug
nsnted extent far those drafts be
used Its not therefore, unsafe say that there will be not
less than twelve millions locked in the subtreasuy
There may be vastly there cannot well be much less
However, will not into the matter further It Is an old
subject and well understood The bill must pass there
must be an upper well neither milestone, there can
be no grinding We have the tariff to have the sub
treasury All do Is to give the people warning that
this coming upon them and then TO shelter ourselves till
the people shall decide whether the divorce Of the people from
the Government shall shall not be answered by divorce Of
the Government from the people.
The question taken the passage Of the BILL when
it was decided by yeas and nays as follows: st
YEASMessrs. Allen, Ashley, Atchison, Atherton Bagby
Benton Breese Bright Calhoun, Cameron Cass, Chalmers
Dickinson, Dix, Fairfield Hannegan Houston Lewis, Niles
Penny backer Rusk Sempe Sewer, Spegh Stm Tu-
ney Westcott and Yulee-2s.
NAYsMessrs Archer, Barrow, Berren, Cilley, John M
CLAYTON Thomas Clayton, Corwin Crttenden Davis Day
ton Evans Greene, huntington Jarnagin Johnson OF Lou
isiana johnson, OF Maryland Mangum, Miller Morebead
Pearce Phelps, Simmons, Upham Webster, and Woodbridge
rs,
So the bill passed.
HOUSE, OF REPRESENTATIVES,, AusUsT 6.
Mr.. DROMGOOLE, from the Committee Of Ways and
Means which referred the amendments of the Senate
the provide for the better organization OF the Urea
sury and collection safe keeping transfer, and dis
husement Of the public revenue lubtreasuy reported the