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Calhoun on Treasury bat tle over deposits and sub treasury
Senator Calhoun argues against a substitute plan reviving a State bank league and for the bill to remove public funds from executive control. He details constitutional objections to banks as depositories, asserts Congress cannot fund or regulate bank notes as money, and defends a gradual 1845 separation from banks to stabilize the currency.
MENTIONED IN THIS ARTICLE
United States
Sub-Treasury
Virginia
Rives
Senate
League of State Banks
Bank of the United States
League of Banks
League
Treasury
Treasury Department
Bank of
Genlemen
New York
New Orleans
Congress
House of Representatives
Louisiana
State Rights Party
Mr. Rives
Massachusetts
Mr. Webster