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Repeal Debated on Sub-Treasury and Bank Plan Clash
In a heated debate, supporters and opponents argue over repealing the Sub-Treasury act and replacing it with a new banking system. Critics warn of chaos across states, multiple fiscal regimes, and delays in deposits and contracts. Proponents push for a substitute bank, while opponents urge caution, citing constitutional and historical concerns. The discussion cites past Bank of the United States eras and warns against empowering discretionary Treasury actions.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
Treasury Department
Department
Afr. W
United States
Ceise Banke
Hhis Department
New York
Seaboard
New England
Ley Apalec
Hyasas
Hellas
Bas
Boston
Treasury
U. States
Senate
Bank of the
West
Genvemen
Sub-Treasury
Treasury Bank
Mr. W
Mr. Cray
Mr. Cray In 1840, Which He Held In His Hand, In Which the Sub. ‘Treasury
Clay
Sub-Treasury Wana Bank. Mr. Woodbury
Mr. Clay
Mr. Woodbury
Conate
Wii