Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1862-02-14
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LEGAL TEN DER Of ',TREAsUmS \
tHonIsF M ,yws1bsk dNOA ES. ginH u l--tgs j
I,D4na3llo 1854 n0tiIGs----40 uaviiiBs 2 dtp
Rewards Of HSa. w. al Finch, ia ths Senate. o,
the Joint Resslutioh, qsliag eaS Rsprsssnts
lpes and iastfpetisg our. Sehetors IN Congress
10 note for The Legal a leader Clause ia the BIZ
authorizing he issue Of 37ssasa,g Notes.
o .4o7oG ilRepoited .by ,, Lonslsy.T S-aos
With my views of the constitutional poweI
of Congress, fcanhot sanction, In Che bill au
thorziBg the issue Of Treasury notes, the clause
making them a legal :eAder,ss There is no Oh.
lection urged byaany9 pers0nr in this Senate
against the Issuing Of these Treasury notes, az
Treasury notes ! II il be y necessity, let them
be issuedj there Is no objection. What object
tois, char tbeeosh be eUgsaited upon that
bill, clause providing that they be made a le-
gal tender under tho Constitution Of the United
States. There ID no power in the Constitution,
80 far as ! have been able TO exannjne this
question, to declare /, ,anyt hing legalL except
gold and silver, No necessity can, change the
terms Of the Constitution, It --Waa ofsamed for
the goveinmsnt Of this people, both in peace
and war, and there Is no safety ID departing
from it, proyisione. II the Constitution does
not permit the issuing of these bills ss legal
tender, why are We aeked TO vote I'd favor Of O
violation Of the, Constitution Is 1t q neces-
sity, mlitsry necessity 2oI say not There
is enough patriotism In this country to maintain
/ II, s1istspce, without violating the spirit Of
the Cohstithtiou. b;
Has the doctrine Of Webster no influence
with theg gentleman from Hamilton fNf Esgles-
ton)7 What is his doctrine7 Webster Is .exI
nlimt nm this nnaston II boId nm tSa b,oad
doct,;ne ~ the Senator from M .ssacbuss,,s, In
His sneecb. deIiyered 10 the Senate of ths Tsit.
ed States. on the epecie circular. he saSs.-
"Most iino,1eationabiy there Ia no legal tender
and there can be no.lee al tender. IN this conn.
NV, ufIdey the autbottsy of this Governm ami 4,
apy otberl hut gold ani siiyer. ei,ber me co;n.
aoa of opr own mints. or foreign coins. AZ "a, ea
reOuiatedbv Congress \ This Isa Cons,itntion.
al principle. perfectly plain, and of The yeiy
hiebest IN nortnnoe. Tha States are sYn,assIv
ed from making any,hino bns cola snd
ssilver, !, sender in na,9ept of 6ehts! IA al.
tnono oh mo snch exnrsas nrohibi,,on IA snniisd to
Conesess ,et aa Cnnyress Mas nj M rar arsn,.
ed ,o.i,.Iin tbis resnsce, INT 10 eoin monss nd
to ,eouIs,a The vslns of foreion coina 4, cIss,iv
hss no nower IN suhstit,,ta manor =, an sth;ns
slse as a tender in nayment Of dsh,s and ;S
discharge Of, CONTRACTS Congress has e1ercis.
sd ,s;s bower fuIIy- in ho.b its brsncbss is hss
srAf nd m n.
cd The vaIue Of foreign coins. and s,;il ,ecn.
is,es THAR valne A Toe Legal tende, th er.fo,e
the cons,itntional standard of yaIne' ia estsb.
pl;sSed and cannot he overthrovn To over.
,hrow II wonld shake the whole systen,n III
Ia mt that as good AZ the oninion of the Oen.
tleman WIN has addressed tbis Senate M
Rohiaonl, or IA IA possibIe tbese ancient dor.
trines ~ ,ba tathers are IN he ss, sside ard N.
I docsr;nss ~ necss,itg are e. govarn ne not nm.
,IsS bsrsSj INT in tSs Congsses of ths IIo;,sd
States7 It ia dangerous ground we tread when
We seek tn abandon the Copstitution Of orr
countrv> % Yonr Conorsss canno. dsihers.s an an
il IL M tuoiass n "a nndfr the hrosd shisid II
.ha Const;.ntion. /. Won, P,esideut cannot is,er.
cise the innctions of bis, offies.5 excent nnds,
the the mr. % ov;sious Of tina. Cons,i,uton. and are Se
10 he sstsd has,;iv IN tramnla unon a nls;n
s;.;on os tha t;on an tba Ma "a nj
ip,.stss I.ityso ~ ,hs tsS. ~ A ~.
s6ouid tra mnla i,uon this instfum6nc7 n aS5er.
stand NV Publication to be TO maintain inviolste
die proyisons of that nrecious instrpmen,
j iii oo a far AZ any man here ia the snnnor,
al ms conntEv. % Take INV nronerty-iF n hi
necsssary tai a INV life, Ibut / viii not know.
ingIv tramnle uoon a dootrine of that Copati.,,.
,ion n its prncinIes are moi hroad enouob
change them! but it IA dapeerous 20 yioists
tbsmI Think of our armies. who are march.
Ii inc throuvb the length and breadth Of orr land.
vSat Il it fort It IA 10 maintain tbis verv Con-
| s.itntion and the laws ennctea under n Tbey
90 farth, tn exeeute beae Ia We. ana Ia sunorass
ali comhinations tbat shall ,ba raised sps,nst
them And shall We here a.v' .ha. vs vill
trsmnle nnon This Constitution? No. our onlJ
ssSe,p ia to stsnd bv the Constitution Do not
mt npon tbese notes a sta I'M o that shall say I'd
the world they are legal tender, in violation
~ the ddctiines of tbIs 'Cons,itl,ion. stand
here TO protest apaiust the passage Of tbia reso
Iintion. - -, - I'''.-l ,-,9 y :.
I'M. Monroe' Of Lorain. did not annrove nj
tha lrama,ka m certain Senators. that tbe,
mlsht st,Smolei npor3 the Coostitu,,on IN m,
nresent emergency. . He atgued that the Con.
/, stitntion had not nrohibited Congrass .from eT.
ercisipp tins power. Not only was there no pro.
Jbibitio6, but there is an absence of Il ntde,
leircutstaneea where Il would have been inaett
ed NJ, ithad been the intention of the ,ramers
of the Constitutiop to prohibit il. Wefnd taa,
ithe Siates are prohib ted from making anytbipp
4 legal tender. Why are the States probibited'
NAV Ve moi infer tha,it ia beeaus.. under einet
oencies. IL might be- ionnd necessary for .th,
General Goyerpment 10 do n? Jmmediatel,
! preceding nc section in which States Are pro
hibited doing this thing. are enumerated tb,
lthings which Congress shall not do; but moth
inc IL said about nrohibitine Con0ress from ma
liking paper money a legal tender: and vet hor
natural it would have been to say 81 there, fl
the framers had intended to prOhibitit1 4 - a
Mr.. Finck replied, II gives, me great pleas
ure to speak OF the eloquent and patriotic re-
marks Of my friend from Lorain, /, was Rlat
to hear him say, what / have not heard from
| othera who have apok en- ON that aide of tn,