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Indianapolis Indiana Journal (Newspaper) - May 27, 1837, Indianapolis, IndianaOf Ivy in by i Quot a a by to a l. A to. T a vol vol. , Sam Day May 21, 1837. No. 78l by a Dougi ass amp Moe. Terms.�?50pe"r Aupuni in at Vance for 52 numbers�?$3 of at 6 monilis�?s3 50 at rhe end of the volume. No paper will us unless at the option o the publishers until arrearage Are paid. Price for lines or less three insertions 00 for each additional Sersion 25 cents. Longer advertisements charged in proportion a Liberal discount made to those who advertise the year. Chancery notices Atid pct Lions for divorce will be inserted the requisite number of times for $2 00 and to insure their publication the Ironey accompany the notices. of in solve Ray 00. A orders for advertising from a Quot distance must be accompanied by the Money or they will not receive attention. The postage must be paid of All letters to the publishers or they will not be taken of Poai Ofriel. Or. A Pieta a ague syrup. Quot i Kibble reme of Fevo a and Jug us. I Lii creased Demurl for this article has Indus cd Siefo enter More exclusively into preparation and i having made i arrangements with Irvin Reed by a which the distribution of it will be be tar attended log All orders addres de to or myself wiil be Des patched with promptness. The following communications May he some evidence of Utility where it is not otherwise in own but a More satisfactory rec mimed Ilion can be and by giving it a trial. My object is not o Ufa Quot it up for Sale Only but to relieve Llie sult ering Ami once the a above named disease prevails in our country to a Counsi Lerable extent and in Many places where medical Aid cannot be conveniently obtained i am can Talent in offering this preparation As a Loverci Rem can Liat. Nono of my medical Brethren will condemn it without Good cause. Extract of a letter dated a a Ingy hi., aug. 186. Or. S. Nixon Ai sir having sold the ague Syruis left with us by your agent and from the Good Success which attended it we Are in lured to apply for More hoping you will Send us a Quantity on such t to As to air my us a profit. I have Seijin my practice various Romr pics for tie fever and ague but found none Snez Tel anal to eradicate it As that Irepa Reu by you and from my own observation have Home to he conclusion that it is a com Pound found by your experience Dos Litante of All those deleterious medicines which prot dispose the Quot by Iff Lem to Webster s speech con Raudic l. A character has been drawn of a very eminent citizen of Massachusetts of the last age which though i think it does not entire Lvi belong to Jet very Well describes a certain class of Public men. It was said of this son of Massachusetts that in matters of politics and government lie cherished the most kind and benevolent feelings towards the whole Earit i. He earnestly desired to see All nations and to bring about this Happy result in wished to at the United states might govern the rest of the world that Massachusetts might govern the u. Spates that fur. Satisfied i do not intend gentlemen to commit so unreasonable a trespass on your patience As to discuss All those cases in which i think executive Power has been unreasonably extended. I shall Only allude to some of them and As being earliest in the order of time and hardly second to any other in importance i mention the practice of removal from All Ollices High and Low for opinion s Sake and on the avowed ground of giving patronage to the president that is to say of giving the Power of influencing men s political opinions and political conduct by Hopes and by fears addressed directly to their pecuniary interests. The great Battle on this Point was fought and was lost in the Senate of the United states in the last session of Congress under or. Adams s administration. After general Jackson was known to be elected and before term of Oil ice began Many important offices became vacant by the usual causes of death and resignation. Or. Adams of course nominated persons to fill Toliese vacant offices. But a majority of tie Senate was composed of the friends of general Jackson and instead of acting on these nominations and filling the vacant offices with Ordinary promptitude the nominations were postponed to a a beyond the fourth of March for the purpose openly a to limit or restrain this representative Power in. His hands i fear gentlemen that if these Prete Siori should be continued and justified we might Davff Many inst juices of summary political logic such As i once heard in the House of representatives. A gentleman not now living wished very much a lived none such. A third fact worthy of /.notice, is that during this period there was complaint about the state of the currency i by the country generally or by he party Jjo . In March 1829, Gen. Jackson was inaugural he came in on professions of Reform. He to vote for the establishment of a Bank of the uni Jwj bounced Refo Iii of All abuses to be the great Ted states. But he had always stoutly denied Fem leading object of future administration theron Stitum Onalfo werhof Congress to create such and in inaugural address he pointed out the a Bank. The country however was in a state Mirin subjects of this Reform. But tie Bank was of great financial distress from which such an in i was not said the Bank was Stit ution it was hoped might help to extricate it pm Onsy Itu Tiona. Was not said it was Unnur. And this consideration led the Worth re a to amp Ary or is amp less. It was not said it had a ailed Deli Quot Quot return of the disease / a l reliving the patronage of the Quot appoint in administration l ments to the who the generality of ague remt Ilic i by pc Kilifi. Forward As soon As possible up viral of to office. The article to Ibe care of messes. Or Gill so co., Saint Louis also state a Baryon will take for receipt. By in is yours amp a. I pm Wells pc co. Strawtown ind., Aii nsl2d, . Or. S. Nixon mph ase Send me a lot of your by the bearer i Havi Oll out ail which i had. And find there is a great demand for More. We have other preparations for the same conic Illint in the i Isth boyhood by none other than Quot Nixon a Quot will take. Don t fail to Send plenty of it yours respectfully j. L. R Josf y. Forsake by Mothershead Dawson amp co., Indiana. Indianapolis april 22, i83g. 776_notice. Filhe Copartnership Horn Tortore bet run. Al the subscribers under the firm of under Bill Wood amp co. Was dissolved on to i 2 hln1t. By Nii Tual agreement. Rob t. R. Gundru Illel John Wood. Jacob s. . Indianapolis april 5th, 1837. The foundry business will be cent inure by the subscribers under the firm of Underhill , by whom the business of the former firm will be Sci ii a and All whose notes and accounts Are dec wiil Connor ii i Tavory paying up forthwith. Their of acc in future a Ore Long continued and Earnest will be at the foundry where they offer for a Large assortment of Pipit ghz slaves saw Mill Cesli ii andirons Wagon boxes we Charrow boxes. See., a-r., and Are prepared to furnish to order most kinds of castings wanted in the country. A constant Supply of ploughs i Tovics and various kinds of castings will be kept Lorp i a by Youn Pottage at their hardware store Corner of so Ishing ton and Meridian streets on the Annm terms As at the foundry. Rovt. R. Uni Krelll ,�?74-3m. Jac015 h. Vv1lli to. Wanted United states paper Silver amp Gold. Hoosier paper will not be refused painful As it is to me i am compelled to resort to this method of informing the old friends and customers of Yandes amp e. T. Forti a and of Ilie present establishment that we must Lave Mone immediately. Having contracted debts both at Home und a Broad some of which Are already due and others will soon be due which cannot be discharged without Oncy therefore Hope you will come and help us with out delay. This notice will not apply to those Olio have Laid us up regularly and punctually but to those who have fail to do so and whose accounts and notes have been due Sonie length of time. It is also necessary tii it the books of Yandes and Porter should be closed without delay. Please Call and make settlements. The undersigned has on hand at the old stand of Yandes and Porter a general assortment of Staple and Domestic dry goods dec. Hardware groceries and Queens Are and expects to receive a Large addition to the present Stock in a few Days direct from the Eastern cities which will be disposed of on As fait terms As any other House in the place. The goods haying been selected with great care and designed expressly Fortis Market he Hopes to to Able to suit All who want to Purchase a Loci goods and Good bargains. April 1837. Edw. I. Porelli. I or. A roam Vicker s celebrated a Eum Atic embrocation r. Feb Sii orning and night has cured anti dress. It a a Ives Relief in the swelling of the glands of the Throat and relieves the numbness and contractions of the limbs and will take swellings Down and inflammations out of the flesh rheumatism bruises and sprains. It gives immediate Relief it strengthens weak limb.-, and extends the cords when contracted. It is also an infallible cure for the following diseases in , Viz poll evil fistula Swaney fears sprains old t r recent sores of every description by mixing from one third to one half a bottle in milk and , and drenching the horse with it will give immediate Relief encases of Colic or let it is. To cure poll evil a bottle must be used at four four Days Between each application. J or fistula a bottle must be put on at two applications one week Between. If applied in the first a Voiges of disease one Buttle will generally effect a Cuie recommendations. Waunena Penn. Oct. 1825, to i am it May concerns a is Rte by that for some years past i have been addicted with rheumatism and Lumbago and having used Many a voids of Medicine without Elret at last i purchased Otic bottle of Vicker s celebrated icing location and by it was enabled to go about my House in one week s time without the least pain. I therefore feel it a duty i owe the but icing to make known the benefits 1 have derived from the use of that valuable Medicine. A v John Smith. Psi Puin Uron City d. C., nov. 1830. This May certify that i have used or. Vicker s celebrated and have found it the Best remedy 1 have Ever Maie ase of for sprains or bruises and Albo for Colic and Una in horse. A John Anderson livery stable keeper. Natchez miss. May 12, 1833. This isto certify a it Ati have been afflicted with Chen Nic rheumatism of by Talos of or. A. Which performed Indianapolis a 1 w y Fentker s d have used to a atom was then Inin and Wien the new president in Tiv de on of lace he withdrew these and sent in nominations of own friends in their place. I was of opinion then and am of of Pinion now that that decision of the Senate Avent a unix the proper balance of tie government. Conferred on the president the Power of rewards for party or personal pure oses without limit or control. It sanctioned manifestly and plainly that exercise of Power which or. Madison had said would deserve impeachment and it completely Defeated one great object which we Are told the framers of the Constitution contemplated in the manner of founding the Seufale that is that the Senato might Buji body Init Chan ing with the election of a president and therefore Likely to be Able to Lipold Over some Cheek or restraint in regard to bringing own friends and artisans into Power with and Tylius rewarding their services to at the Public . The debates in the Senate on these questions. They were of course in secret session but the opinions of those members who this course have All proved True by the result. The contest was severe and ardent As much so As any that i have Ever partaken in and i have seen some service in Liat sort of warfare. Gentlemen alien i look Back to that eventful moment when i remember who those were who upheld this claim for executive Power with so much Zeal and Devotion As Well As with such great and splendid abilities and when i look round now and inquire what has become of triese gentlemen where they have found themselves at last under the Power which they thus helped to establish what has become now of All their respect Trust Confidence and attachment How Many of them indeed have not escaped from being broken and crushed under the weigh of the wheels of the engine which they themselves set in motion i feel that an edifying lesson May be read by those who in the freshness and fullness of party Zeal Are ready to Confer the most dangerous Powers in the Hope that they and their friends May bask in Sunshine while enemies Only shall be withered by frown. I will not go into the mention of names. I will give no enumeration of persons but i ask you to turn your minds Back and recollect who the distinguish red men were who supported in the Senate general Jackson s administration for the two first years and i will ask you what you suppose they to link now of that Power and that discretion which they so freely confided to executive hands what do they think of the whole career of that administration the commencement of Wirich and indeed the existence of which owed so much to their own great exertions. In addition to the establishment of this Power of unlimited and Causeless removal another doctrine has been put Forth More vague it is True but altogether unconstitutional and tending to like dangerous results. In some Loose indefinite and sense the president has been called the of the Tolible a american people. Lie has called himself so repeatedly and been so denominated by friends a thousand times. Acts for which no specific authority has been found either in the Constitution or the Laws have been justified on the ground Liat the president is the representative of tie whole american people. Certainly this is not constitutional language. Certainly the Constitution no where Calls the president the Universal representative of the people. The constitutional representatives of the people Are in the House of representatives exercising Powers of legislation. The president is an executive officer appointed in a particular manner and clothed with prescribed and limited May be thought to be of no great consequence that the president should Call himself or that others should Call the sole representative of All the people although he has no such appellation or character in the Constitution. But in these matters words Are things. If he is the people s representative and As such May exercise Power without any other Grant what is the limit to that Power and what May not an Una invited representative of the people do when the Constitution expire isly representatives As members of Congress it regular a defines and limits their authority. A. But if the executive chief magistrate merely because he is the executive chief magistrate a via a a to himself another character and cd a a he Art. And Deifoe Ratimir. In it Pill on such careful and deliberate review he altered former judgment. He came satisfactorily to the conclusion that Congress might incorporate a Bank. The argument which brought mind to this result was Short and so Plain and obvious that he wondered How he could so Long have overlooked it. The Power he said to create a Bank was either Given to Congress or it was not Given. Very Well. If it was Given Congress of course could exercise it if it was not Given Lite people still retained it and in that Case Congress As the representatives of the people might upon an emergency make free to use it. Arguments and conclusions in substance like these gentlemen will not in wanting if men of great popularity cot manding characters sustained by powerful parties and Fuu of Good Infin tons ii cards the Public May be permitted to Call themselves the Universal representatives of the people. But gentlemen it is tiie air ency the currency of the country a it is this great subject so interesting so vital to All classes of the Cotton Tull to which has been destined to feel the most Vio Lens assaults of executive Power. To lib Quot Csc quenches Are around us and upon us. Not unforeseen not a foretold have they come bringing distress for the present and fear and alarm for the future. If it be denied that the present condition of things has Arisen from the president s in terse nce with the Revenue the first , a Tiv that when he did interfere just sur ii consequences Werc predicted. It was then said Ami , and pressed upon the Public attention that that tilt reference must Jyro Luce derangement Embarrass Iii ends loss of Ajitu commercial distress. I Pray you gentlemen t h re Cir to lie debates of is i i833, and 18-34, aft than to decide Whoso opinions have proved to be Correct. When the Treasury Experiment avas fir.-5t announced who supported and who opposed it who warned the country against it who were they who endeavoured to stay the violence of party to arrest the hand of executive authority and to convince the people that Titis sex Peri Anent delusive that object is merely Fosse pm wer and Host a sooner or later must be injurious and ruinous. Gentlemen it is fair to bring the opinions of political men to the test of experience. It just to judge of them by to Weir measures and Timeir opposition to measures and for myself and those political friends with whom i Haye acted on this subject of the currency i am ready to abide the test. But Sefc fac the subject of the currency and present nost embarrassing state is discussed i invite your attention gentlemen to the history of executive proceedings connected with it. I propose to state to you a series of facts not to argue upon them not to myst if them not to draw any unjust inference from them but merely state the Case in 4iie plainest manner As i understand it. And i wish gentlemen Liat in order to be Uhlon to do this in the Best and most convincing manner i had the ability of my Learned Friend or. Ogden whom you have so often heard and who states Case usually in such a manner that when stated it is already very Well argued. Let us see gentlemen what the train of occurrences has been in regard to our Revenue and in dances and when these occurrences Are stated i leave to every Man the right to decide for himself whether our present Kiili cuties have or have not Arisen from attempts to extend the executive authority. In giving this detail i shall be compelled to speak of the late Bank of the United states but i shall speak of it historically Only. My opinion of Utility and of the extraordinary ability and Success with which affairs were conducted for Many years before the termination of charter is Well known i Hae often expressed it and i have not altered it. But at present i speak of the Bank Only As it makes a necessary part in the history of events which i wish now to recapitulate. Or Adams commenced administration in March 1825. He had been elected by the House of representatives and began career As president under a Strong and powerful opposition. From the very first Day he was warmly even i Olen by opposed in All measures and Liis opposition As we All know continued without Auto ment either in Force or asperity through whole term of four years. Gentlemen i am not about to say whether this opposition was Well or ill founded just or unjust i Only state the fact As connected with other facts. The Bank of the u. States during these four years of or. Adams administration was full in operation. It was per forming the fiscal duties enjoined on it by charter it had established numerous of ices was maintaining a Large circulation and transacting a vast business in Exchange. Its character conduct and manner of administration were All Well known to the whole country. Now there Are two or three things worthy of Especial notice. One is that during the whole of this heated political controversy from 1825 to 1829, the parly which was endeavouring to produce a change of administration brought no charge of political interference against the Bank of the United states. If any thing to. Self the representative of a whole people of to the sew the party it rather a a Orito with the party generally. Certainly the party As a party did not ascribe to it undue at to ohm it to other parties or to the existing administration. Another important fact is that during the whole of the same period these who had espoused the cause of Gen. Jackson and who sought to bring about a revolution under name did not propose the destruction of the Bank or discontinuance Quot As one of the objects which were to be accomplished by the proposed revolution. They not ill the country that the Bank was Union Kutui final they did not declare it unnecessary Thesy Dit not propose to get along without it when Vhey should come into Power themselves. If in div Mikals entertained any such purposes they kept. Arf. ____-1____ tue Ster and Bocc last a j gentlemen which had a ctr not 1828. Imp a session of to do ail that had been hoped or expected from it in Reg Ard to the currency. In March 1829, then the Bank stood Well very Well with the new administration. It was regarded so far As appears As entirely constitutional free from political or party taint and highly useful. It had As yet found no place in the catalogue of abuses to be reformed. But Gendemeh nine months wrought a wonderful change. View lights broke Forth before these months had rolled away and the president in message to Congress in december 1829, hell very different language and manifested very different purposes. Although the Bank had then five or six years of charter unexpired he yet called tie attention of a Gress very pointedly to the subject and declawed a 1. That the constitutionality of the Bank was Well a doubted by Many 2. That Utility or expediency was also Well doubted 3. That All must admit Liat it had failed in undertaking to establish or a sound and uni Forin and 4. In Hauther True Bank for tie use of Tolje government of the United states would be a Bank which he uld by founded on the revenues and credit of the government itself. These propositions appeared to me at the time As very extraordinary and the last one is very startling. A Bank founded on the Revenue and credit of the govern Hent and managed and admin it erod -l.-. The exe fictive was a Conception Iii ii i supp6s-< de no Man a holding the chill Quot executive Power in own hands would venture to put Fortis. But the question now , what Lead wrought Liis great change of feeling and of purpose in regard to tie Hank what eve had occurred Between March ill to december that should have caused the Bank so constitutional so useful so peaceable and Sisa a an institution in the first of these months to set up into the character of a Mon i a so horrid and dangerous in the Jet us see what the was to begin in March 1629. Egress took place therefore Between Hisiu let Tion and the commencement of Adrianis now Dentici Ien the truth is that during this session and a ittle before the commencement of the new a i action a disposition was manifested by political me to interfere with the management of in ii Bank. Members of Congress undertook to no innate or recommend individuals As t directors in tie branches or offices of the Bank. They were kind enough some times to make out whole Lisis or tickets and to Send them to Philadelphia of sin dining tie names of those whose appointments Ould be satisfactory to general Jackson s Fried . Portions of the correspondence on these is objects have been Public slide in some of the voluminous reports and other documents connected with tie Bank but perhaps have not been generally heeded or noticed. At first the Bank Mei Ely declined As. Gently As possible complying with use and similar re Jucs a. But like applied cyst began to show themselves from Many quarters and a very marked Case occurred As Early As june 1829. Certain Mellers of tic legislature of new Ilaine Shire applied for a change in the presidency of the Branch which was established in that state. A member of the Senate of the United states wrote to to the president of the Bank and the Secretary of the Treasury strongly recommending a change and in letter to the Secretary hinting Verajr distinctly at poetical considerations As the Grotti of the movement. Other Oili cers in the service of the government took an in the matter and urged a change and the Secretary himself wrote to the Bank suggesting and recommending it. The time Hail come then for the Banji to take position. It did take it and in my judgment if it had not acted As it did act not Only would those who had the care of it have been i Lily a insurable but a claim would have been yielded to entirely inconsistent with a government of Laws and subversive of tie very foundations of republicanism a loft correspondence Between the Secretary of the Treasury and the preset but of the Bank ensued. The directors determined that they Rouhi not surrender either their rights or their Tutics to the control or supervision of the executive gov Ern Melit. They said they had never appointed direct of their branches on political grounds and the would not remove them on such grounds. They had avoided politics j hey had sought for men of business capacity Fidelity and experience in the management of Petunia in concern they owed duties they said to the government which to perform faithfully and impartially Rukaj Rall administrations and they owed deities to Stockh ohlers of the Bank which required them to disregard political considerations in their appointments this Respondence ran along into the fall of the be and finally terminated in a Stern and unanimous declaration made by the directors and transmitted to the Secretary of the i Treasury that the Bank would continue to be independently and Minista i gtd and that the directors once for All refused to ii Mit to the a Quot papsion of the executive aug Tity in any of Ife ranches in the appointment of local directors and this Resolution it decided the character of the future. Hostility Tomrdl the Bank the Nee Fot Ward became the settled Lioy of the government and the Mes-s4%e of Ember was the Clear announce ment Bortl till policy. If the Bank had appointed Tai so i fear a a recommended a members of it had sublet Ted All Quot appointments supervision of the Treasury if it had Remy the president of the new Hampshire Bralit a a if it had in All things showed itself a comply a a i political paty machine instead of a if it had done this 1 a hmm pm leave All men to Jud whether such an entire change of opinion As a bits constitutionality Utility and Good effects on the currency would have happened Between March and december. From the moment a a Wlinich the Bank asserted Independence of Treasury control and Elevation above Mere party purposes Down to the end of charter and Down even to the present Day it has been the subject to which the select est phrases of party denunciation have been plentifully applied. But =5 manifested no disposition to establish a Treasury Bank on tiie contrary it satisfied Quot and so was the country most unquestionably with the Bank then existing. In the summer of 1832, Congress passed an act for continuing the charter of the Piank by Strong majorities in both houses. In the House of representatives i think two thirds of the members voted for the Bill. The president gave it negative and As there were not two thirds of tie Senate though a Large majority were for it tiie Bill failed to become a Law. But it was enough that a continuance of the charter of the Bank was thus refused. It had the Deposit of the Public Money and this it was entitled to by Law for the few years which yet remained of chartered term. Hut this it was determined it should not enjoy. At the commencement of the session of 1833-3, a grave and sober doubt was expressed by the Secretary of the Treasury in official communication whether the Public moneys were Safe in the custody of the Bank i confess gentlemen. When i look Back to this suggestion thus officially made so serious in import so unjust if Quot it Well founded and so greatly injurious to the credit of the Bank and injury it Nis Itidal a to the credit of the whole country by wonder that any Man of intelligence and a ii Araci a How fld have Een willing to make it. I read ii it however fee first lines of another Cli Apter. I few an attempt was now to be made to remove the a la it Sites and Sulci an attempt that session. But Congress was not tribe prevail a. Upon to accomplish the end by own author ii. It we a Well ascertained that Neit Jinjer House Woodd consent to it. The House , indeed at the Heel of the session a decided against the proposition by a very Large majority. The legislative Auto Iorii living been thus invoked and invoked in vain i was resolved to stretch farther the Long Arm of a Culive Power amp by that Arm to reach and strike the victim. It so happened that i was in this City in May 1833, and Here Learned Isom a very air thetic source that the deposits would be removed by the amp pros int a order and in june As afterwards appeared g a vein cd Agif a i try Stern be feel felted not by Congress but by the executive. Not by the Law but a the will and the Power of the president ,.would have Coritina de the charter of the Bank but Quot the president negatived tiie Bill. Congress Vas of the. Opi Iwori. Liat ought notto be r�n��.\y3d but tie president removed them. Nor was t4s All. The Public moneys being withdraw i from tiie custody which the la i had provided by executive Power alone that same Power selected the places for the future keeping. Particular , existing under state Charters were with triese Especial and j articular arrangements were made and the Public moneys were deposited in their vaults. Henceforward to rese selected Banks were to operate on the Revenue and credit of the government and thus the original scheme promulgated in the annual message of december 1829, was subs initially carried Intoe a but. Here were Banks chosen by the Treasury All the arrangements made with Thern made by the Treasury a set of duties Prici cried to be performed by them to the Treasury and these ii Anks were to hold the whole proceeds of the Public Revenue. In All this Congress had neither part nor lot. No Law had caused tie removal of the deposits no Law had authorized the selection of Deposit slate Banks no Law had prescribed the terms on which the revenues should be placed in such Banks. From the beginning of the chapter to the end it was All executive edict. And now Gendemeh i ask if it be not remarkable that in a country professing to be under a government of Laws such great und important in one of most essential and vital interests Shodd be brought about without any a Lurige of Law without any enactment of the legislature Avha Tever. Is such a Power thu steel to the executive of any government in which the executive is separated by Clear and Well Deli cd lines from the legislative department the currency of the country stands on the same general Groin id As the Commerce of the country. In Atli Are Inyim Necly connected and both Are Sui jets , not of Quot exec native a a dilation. It is worthy of notice that the writers of the Fet of racist in Dis Tissing the Powers which the Constitution Colv Rcd on the president made it matter of commendation that it withdraws subject aug Eicr from grasp. He can prescribe no rules Quot say they Quot concerning the Commerce or currency of the and so we have been till taught to think under All former . But we have now seen that tie president and the president alone does prescribe the Rule concern ing the currency. He makes it and he alters it. He makes one Rule for one Branch of the Revenue and another Rule for another. He makes one Rule for the citizen of one state and another for the citizen of another state. This it is certain is one pan of the Treasury order of july last. But at last Congress interfered Anil undertook to regulate the deposits of the Public moneys. It passed the Law of july 1836, placing the subject under Legal control restraining the Power of the executive subjecting the to liabilities and duties on the one hand and securing them against executive favouritism on the other. But this Law contained another important provision which was that All the Money in the Treasury beyond what was necessary for current expenditures of the government Sli Ould be deposited with the states. This measure passed both houses by very unusual majorities yet it hardly escaped a veto. It obtained Only a cold assent a slow reluctant and hesitating approval and an Early moment was seized to array against it a Long list of objections. But the Law passed to a Money in the Treasury beyond the sum of five millions was to go to tire states it has so gone and the Treasury for the present is relieved from the Burden of a surplus. But now observe Quther coincidences. In the annual message of december 1835, the president quoted the fact of the rapidly increasing Sale of the Public lands As proof of High Nati Ozial Prosperity he alluded to that subject certainly with much satisfaction and apparently Iri sprite thing of the tone of exultation. There was nothing said about monopoly not a word about speculation not a word about Over issues of paper to pay for \ the lands. All was Prospo Rons All was full of evidence of a Wise administration of government All was Joy and Triumph. But the idea of or distribution of the surplus Money with the people suddenly damped this Eicr vesting happiness. The color of the Rose was gone and every thing now looked gloomy and Black. Now no More elicitation or congratulation on account of the rapid sales of the Public lands nor More of this most decisive proof of the National Prosperity and happiness. The executive Muse takes up a melancholy Strain. She sings of monopolies of speculation of paper of loss both of land and Lillie i of the multiplication of Banks and the danger of paper issues and the end of the Canto the catastrophe is that lands shall no longer be sold but for Gold and Silver alone. The object of All this is Clear enough. It was to the Inco Jne from the Public lands. But no desire for such a diminution had been manifested so Long As the Money was Likely to be sufi ered to remain in the Treasury la it a growing conviction that some other disposition must be made of the surplus awakened attention to the Means of preventing that surplus. Toward the end of the last session gentlemen a proposition was brought Forward in Congress for such an alteration of the Law As should admit payment for Public lands to be made in nothing but Gold and Silver. The mover voted for own proposition but i do not recollect that any other member con buried in the vote. The proposition rejected at once but As Iri other cases Liat Lii re Congress refused to do the executive Power did. L in Days after Congress adjourned having had this matter before it and having refused to act upon it by a picking any alteration in the existing Laws a Treasury order was issued commanding that very thing to be done which of a rfcs had been requested to do and had Reft Isea to do. Just As in the Case of the removal of the deposits the executive Power acted in this Case also against the known Well understood and recently expressed will of the representatives of tiie people. There never has been a Mon end. When the legislative will would have object of that order prob ably Nev to i a moment in which any it Enty individual members of coi it Gpe a Jav Only have concur real in it. J he get i land or Purdoi Ted to alter known will of the Law a liking Powers ,-1 confess i see no authority whatever in the Constitution or in any Law flt or this Treasury order. Those who have undertaken to maintain it have placed it on grounds not Only different but inconsistent and contradictory the reason Avrich one , another rejects one Cori routes a what a notifier argues. With one it is the Quot joint Resolution of 1810, which gave the authority with another it is the Law of 1820 with a third it is the general superintending Power of the president and this last argument since it resolves it a i Elf into Mere Power without stopping to Point out the sources of Liat Power is not Only the shortest but in truth the most just. He is the most sensible As Well As the most candid reason or in my opinion who places this Treasury order on the ground of the pleasure of the executive and stops there. I regard the joint Resolution of 1816 As mandatory As prescribing a Legal Rule As putting this subject in which All have so deep an interest beyond the Caprice or the arbitrary please fee of the discretion of the Secretary of the tip usury i believe there is not the slightest Legal authority either in that officer or in the president to make a distinction and to say that paper May be received for debts at the custom House but that Gold and Silver Only shall be received at the land offices. And now for the sequel. At the commencement of tie last session As you know Gendemeh a Resolution was brought Forward in the Senate for annulling and abrogating this order by or. Revving a gentleman of nit Icli intelligence of sound principles of vigorous and energetic character whose loss from the service of the country i regard As a Public misfortune the whig members All supported this Resolution and All the members i believe with the exception of some five or six were very anxious in some Way to got rid of the Treasury order. But or. Ewing s Resolution was too direct. It was deemed a pointed and ungracious attack on executive policy i therefore it must to softened modified qualified made to sound less harsh to the ears of men in Power and to assume a plausible polish Tel inoffensive character. It was Cordingly put into the plastic hands of Quot friends of the executive to be moulded and fashioned so that it might have the effect of ridding the country of the obnoxious order and Yot not appear to question executive infallibility. All this did not answer. The late president is not a Man to be satisfy Neil with soft words and he saw in the measure even As it passed the two houses a substantial repeal of the order. He is a Man of boldness and decision and he respects boldness Ami decision in others. If you Are Friend he expects no flinching and if you Are Bis adversary he respects you none the less for carrying your opposition to the full limits of honorable warfare. Gentlemen i most sincerely regret the course of the president in regard to this Bill and certainly most highly disapprove of it. But i do not Sailer the mortification of having attempted to disguise and Garnish it in order to make it acceptable and of still finding it thrown cd in toy face. All that was obtained by this ingenious diplomatic and Over courteous Mode of enacting Jailaw was a response from the president and the a attorney general that the Bill in question wis obscure ill penned and not easy to be understood. The Bill therefore was neither approved nor negatived. If it had been approved the Treasury order would have been annulled though in a Clumsy and objectionable manner. If negatived and resumed to Congress no doubt it would have been passed by two thirds of both houses and in that Way become a Law and. Abrogated the order. But it was not approved twas not returned ii was retained it had passed a the Senate in season it had been sent to the House in season but there it was suffered a to lie so Long without being called up that it is Copti pm try

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