- wkm^mk f gv m vttuvro '■■ jo saijsbiry f s4tcjr*ilv jwihry tl 1s37 vol v-\q 27 whom so ul demand are paper money in no sense hut ! wml arbether for duties and taxes or for lands one hat is ti say the are made of paper b*t . m regard i both to axes and payments for ' . ' ... „_ lands l-o-gress has not left ihe subject without and tney circulate as money and it may i ro , np|hte *^* rej , ulalion . h ha9 emmas its be proper enough for those who maintain ' m * yj/i ., the sututes have declared what ural nothing should so circulate but g jdd , s h.,nld b receded from debtors and from ptir all good and lawful till ths secretary 1 r should make some o them otherwise vet ' j gement wuh the treasury as it saw fit that by virtue of his power of s-lectio'n or r s * w l l ° make * ny - but m ' u,er lhe rejection he mighi at any time strike one reasurv ' nor lhe d5,nk . "« both together or more af them out of the list and this i cuu ' d tj ° away wllh t,ie wr,uen ' elm>r •*•■ power of selection or rejection he ihinks i 3cl " f con & re,,s * oor did either undertake he fin.ls in the resolution of 1816 itself i *° u ° l i incline to think sir that the secretary ' - bul * 8,r ' w w nl1 b " bpen rt jml 1 *' ■■■ *■ »'»*■ will be as liule «, ril i " l f oe rr e»ry i opinions on this su jeci hereu.fore ? h he 1 w.ll be as little sat.hed with the footing ways been rfssnmmi thai he tfcmman bbsutsd on whirl his friend the honorable mem th power of smm as he z b ,? un her lrom missouri thus places his order i der b l»w 1 iblo ? has he heretofore luk-d as dial friend is wiih the secretary's own u p n lhe var.ou provisions f il.m u v unit at ground for mv part 1 think them both ■" "'*•** e«ble and ahili.i.g parts u oe just half right that is to say both in mv ' ' h * n . into **« and out-of near by ihe n„re humble judgment are umi ne m/eiubi ai 1 1 -** *■*> c.riawsy aw thev dmtnmt.mi dumhs the rmsmimv ewl£3um2 o each other lei me stale air as 1 lcr j matte power « mmrt „ j bn?j stand it tne hsmoubie members argument ammm u be up at j „ r momfied only by anoth lt is that the law of 1816 gives the sec ' e '* l i"t no longer 0 dam the 13.1 af hut retary a selection that it provides four •*•'"'• na hamnmnbt member mirocuced a reaolo different modes or mafia of payments ; i l,on nu,lh * beeum •■ the following words that the secretary is to collect the revenue " hesotoed thai from and alier the day in one or several or ail these modes or i * '" u,e >'■' ' wtj - r>"h""g ui gold a..d medio at his discretion ■ thai all are in the i iv tut '° " r " c " ved n w > m t »'" dis c.ivp _ i ... . ! , , > ubllc land8 * an4 h,t he cssmnsmm .... pahut l.sjt , ttive as i th ink he expressed it ; an 1 lands be t.isiructed to report a bill accord tliat the re olution or law is not mandatory i tj " " • or conclusive m favor of any one accor and now sir i ask why ihe honorable mem umg t the honorable member therefore bm moved here for a bill and a law if tbe wbols if die secretary had chosen to say lhat our oauer w »«. m hia opinion wiihm the power of own eagles and our own dollars should no lhe becieiary oft he treasury ? longer be receivable whether for customs a e nmuled:a n «" »' , p l tbia resolution a taxes or public lands he had a clear rii»ht , y , °\ lw ° " ler ' s "■'-■■«■'-■ d when soma lo sav so ami . ! j .« 1 . 8 titediscuss.on had been had upon it a rnolmn to so and to mop the.r reception u lay t on the table prevail harul oppo aed i before a construction of so extraordinary think except by the gentleman's own vote a a cuaraeter be fixed on the law of 1816 law weeks after dun disposition had been made something like the appearance oi argu f bis resolution th8 aeaanm came to a close ment i think might be expected in its fa a»d seven days after ihe close of the mission vor but what is there upon which to l "« tre^ury older made its appearance found such an implied power in the secre „ „ " !? nul . i 1 \ [^» fc ethudiy .,„ t , r ., . r ' lr i tt han even that ot lhe honori.bleioe.ober look tary of tie t easury ? is there a sy liable l(1 , to the eiiplrall()0 o fc hurler j in the whole law which countenances any .,» the u s tbe pimsdent mhismumsl u.es such idea for a single moment there ge iu december last said it was mceudnmt clearly is not tiie law was intended to u j congress to disc iinue by law tne receipt provide and does provide in what sorts nf ut li ' e "**■ u t ' tl "- 1 t>a,i!i ln p»j ****** i hp public money or other means of payment those reve '' u ''' jr hs ltim barter was to expire un who owe debts io the government shall is.tisev ."" ioi k ua pay those debts o i a r^ee.vable alter ha asumi except lbs law i m cite 1sit - lo the provision rcswclinc lt enomerates four kinds of money or nutee uf ihe bask mm aftimi law another law other means of payment and can any as tn eed necessary according i 0 mj under tliing be plainer than that he who has to atoadieg bsi i du am eannrive hew it cheeky hi pay may have his choice out of all four dnmgni aeeesmry upon the runstimimi of ihe ali being equally lawful the choice is ue-mbm mmnbtr both houses bn.,g of opin with the payer and not with tlie receiver '""', llu * ev * r » •***-*** lhe umnj esuhi ..... t done p , .. i ," u i , without law an tci wa namad for ifixi n ■** r>.,s wouhl seem to be too plain either to ai)(j wiisa ,, pri , veu l(v l|le r j u " .; r jjj he argued or denied other laws of the r s t,,egen.l,mai so n authority veauh united states have made both gold an.l sil uy ol uie piesmset and ihe sunburns af l»ih ver coins a tender in the payment of pri houses ol co.igr.ss lor haying ihatmothing con vate debts did any man ever imagine lamed ib ihe law of mt can be ihrusi oui of it lhat in lhat case the choice between ttie "> a "> * mit " c p tt r man the power of a subae coins to be tendered waa lo lie with the i 4 ""*- * ■*■*■ ihereb.re ol opinion mat party receiving ? no one could ever be glypa-f 11 *^! ■ »*■»« ." c . * . ,. , , l e plain words and umasssw of lhe aw ■ ot im6 guthyofsnchnn absurdity and unless a.au.sl he whole practice of the c.?v^n,neor there be something in the law of is 16 it uadei that la ; ga.nst the hsnmalm geinle self which either expressly or by reason man's own opisiue^a expressed ta tin re.-olnnoq able inference confers a similar powr on ut the 23d of april ; aud at rec.ac.l.adlb with the secretary of the treasury in regard to l,,a nbeeasiif whmb an a opp.wed io oxisi loi public payments is there in the nature ef dmjiaamge af the ant ul haw session things any difference in the cases ? inow u " r^ah^t l h *" r ht,ard no •***■*■?* .. li • .. 1 ac.s lojistily ihe orot on m i/r.>unu of an nine there is nothing either in the law ol 18 16 bwg 0ul ac ss-cs or any oilier law which eonfora any such der pamlbhed however it waaaccompan.ed power on tne secretary of r-e treasury with au bssmatlua apparently halt official either directly or indirectly or which sug whicu looked io the lauds as the secretary i gests or intimates any greund upon which source of power and which took no notice ai a,l such power might b implied indeed af ihe taut at i*i the land uw referred to the statement of the argument seems to me was ltte acl ol 1 * j0 » t,ul ll lu;n « yut . u p «■ 1 . r . ■. 1 1 . . c amina ion that there is noibinif at all in ih.t enough to confute it it makes tlie law of u * ., . k . ' '" ina * . a a . . . . ., , , . f ., law lo support lhe order or give - — * j ribbia 1816 nut a rule but lhe dissolution of al iianc e whatever the only clause in it which rule ; not a law but the abrogation of all could be supposed 10 have the slightest reference existing laws according to tlie argument to ihe subject is me proviso 111 me forth section the secretary of ttie treasury had aulhori that secuou provides for ihe sale of audi hums iv not only to refuse the receipt of tress a * having been oncw sold on credit ahould revert i iity notes which had been issued upon the f^t 4i,rttlled l0 be united finales through ir.tr 1 1 l failure of p-iyuieni aud the proviso declares that 1 faith ol statutes expressly making them . . , r * . ,'. , f '•" r mat .... . . ii 1 no such lands shall be again sold on anv c.iner receivable tor debts and duties and notes lenna lftan rf .."^ -****.*» uf the b:>nk ol the u states winch were wu)usf « catt h payuum have been briu*d upon also made receivable h y the law creating as if they had wrought an enure change m the ua the butk but to refuse also foreign coins poriant provisiousci the law of i8tb,anu already and the coinage of our own mint ; putting , bblashsned an eaetuaive specie payment for lands thus the legislation of congress for five-and ! bs idea is too fettla for serious refawtiou in twenty vears at the unrestrained and ab ' ae firsl * 4 ** e » 1 *" * n 7 jlb **** f**b ily in 1 ,-■ r 1 •> r.t lorlciicd lantls ; but ibe troiu is the term cmnii so uie discretion ol the secretary ofthe ., ' , tj ... , . j . payment moat s only puytutnt down in conua rreasury 1 appears to me quite impos n^hmtmn m memi/wbmn bad mrmmly bssn sible lhat any gentleman on reflection allowed j..8i as lhe tame words in m e lariff i tan undertake to support such a construe • act of july i8ji mea paymem down ins.tthd tio j ui paymriii aseurrd oy ou.ius waea 1 says dial but the gentleman relies on a supposed u,t " outieu on cer.au arudm shall be paid as . . . . c cash as lo tlie aec iu s ciion f the land law practice to inai lam tin interpretation ol , 1w „. , . . . . ,. .. . ». . „.. , ,-• ., of ibiu vhich v*obbt.i!oi u with ireataurnmh iho law w hat practice ? has any sec ly m uw n§m lkm (- , » elfc , fed retary ever reit;.-ed to receive the notes of m , lirnis(l iug authority for me d-enury s ordsr specie-payii':j banks either at the custom there is noi » word in it hnvaaaj a-.y suc'i urn house or t l - land oflic-s for a singie hour deucy ; not a syllable whicn h any application never has any sectetnry presumed to ' to the mailer that seciion biuip.y 11 lares strike foreign coin or treasury notes or that aft «" lut firs ' dsj ol jo.y.m iaessani ( ew our own coin out of the list of receivables i purchaser of land a ebbeasia shall he . • 1 „ j ■ ... day purchase , make a complete payma.f llnre sucli an idea certain v never entered into ,. .'[ ' , ' r * ■ " * " " c , , . . a p .. j or > and ih p^r.-nasei ai urlvm w f i,.r,i are the head of any secretary the gen le dtice a rece|pl of wmmm o dum tlemari argues that the treasury has n io on any tract before he ahall eoier ibe made discriminations ; hut wtiat dis same at me land office i uaj im mtj h d.»a criminations ? i suppose the whole not sa how he purchaser r ii make compute troth to be simply this : that admitting at payment nor ia what currency the purchasa all times lhe right of the party paying to oney shall be rece.ved li is quite viae b i « « s n f k^,.b i\,ss thereiore that lhat srciion hnfls ibe order no pay 11 notes ol specie-paying banks the * ha iever collectors and receivers have not been held 1 rf t fc bound to receive notes of dislanl banks ot the v creiary lound it up..n the idea lam i...th which they knew nothing and could not mg bui gold . ud silver was ever ktwftilly rece.v ji.dge therefore whether their notes came able and umi the re ip of bank otlla ba t»**-a within the law these collectors and re ah along an uidulgenct ' against law for ce.vers were bound to receive the bills of ******* puuon he gives 1 r«u.s.a si^cie-r.aying banks ; b.;t as lhai duly a ' ■'*• h.*orable m.airs-r from alim-cn nqeesi s,k ic pay uj •■ »•• 1 j this d.jctnoe ; he a.iu.hs ihe r.c*-ipi of inn.k rose from the fact that the notes tendered j j [^^ setd mm unww.ui were the notes of specie-paying banks that by .^^ . iww|g lhal 1 . 4 fact if not notorious or nlre^dy known ij i^^nwn j aitmsaai heir tur ber rreipia to them must be made known with rea sunder ibe ia # ot 1»16 and is an ammmasf sonable certainty before the duty ui receive amnhed irmi it but mea nan long and baaf ' them became imperative i suppose there offi al amfssamai hich acc/«npani d the puoli mav have been treasury orders regulating nasma ot he order has no lanh iu the law of ma / nd , ' .. a 1816 aa a urce of power but makea a p*ta e the conduit of dl ectora and receivers lo ° a " bm ~ t -.' ,_." ," . r • me lonuu ui ******** totally and peilecily inapplicable sreotu in this particular any orders.which went j jjj u , j 10<j ,, w , a lai0 grounds ol defn.ee further than this would go beyond the law | m mnuy jll0 nsuu . n :, anrnmi all be sound ut i the honorable member quotes one of , they ay be all unsound ; and whether the m ithe by-laws of lhe late bank of the united | so or no » a q-.rttion which i would wih.^.y lo u . u . 1 _„ i a ..■■,., ihp leave lo re oects.on of any man 1 g,*>a s»;-e slates ; but what has that lo do with me ' ** s i .- » *-. . l 11 ~.*. m i r ano h.siesl jodgmedt i take leave 4 ii.u p^.t subject does the honorable 1 member - r ne -^ ( fmm0m 1 tin ik thai the by-laws ofthe late bank were j h q)i , lbme mbu deuud ihti , tt , . r ijmsn to the people ofthe united states 8tia n be belter agreed ou what giouod 10 plat it i'l'lie bank was under no obligation to re j mr fresideui the subject ol ti.e curreti » iceive any noies on deposile except its own so imp nam *. dehcau aud ia my judj.u.f . t 111 might therefore make just such an ar murouodad.at mepraaemmuiuen bnahmmaufe of mk webster of m mmamametmj on the specie circular ralewt&ted bv hs perpetual agitation to disquiet and disturb the confidence of soci ety we are now fist approaching the day ' when one administration goes out of office j i 4i 1 another is to come in the country and silver to denominate such bank uot»'s st ute having again proceeded lo ■ lias an interest in learning as soon as possi paper money since they regard ihe.n but yx *« which was the coa bin whether tha aww administration while ( as paper intruders into channels which t r ' pr " - he floating resolutions n receives the power and patronage is to should flow only with gold and silver if y r e novel t.y h ewijfg of o no ' i herit also the topics and lhe projects of \ this unguige of the order is aiitheinic and j k t i blithe senate and hmse of the past whether it is to keep up tho avow i is tu be bo hereafter and all bank notesare , r t , ,- tv ! 9 k-c thai the treasury or i al of tbesame objects r,nd the same schemes i to be reg ided and stigmatized as mere pa j seventh dav of j..ly anno i especially nf regard to the currency the ; per money the sooner the country knows iei ioae thousand eight hundred and \ order of lhe secretary ia prospective and it the better p0n1 ' n " dcsigntling tin f.tn.ls which sho id ion lhe face of iu perpetual nothuigioori the member from missouri charges lt " ft * s ' ! n l rn payment fi public lauds ' about it gives the least apperiar.ee of a j those who wish to rescind the treasury or j l same is hereby rescinded j temporary measure on the contrary its ■ der with two objects 6rst to degrade and be 1 , , r , , , h ii ' terms imply n limitation in point of dura ; disgrace lhe president and next to over 1 , ', ii also ili.it h shall not he law ' ' r . ■ .. . r .» ~ • its i a * "' - . „, . tion and the gradual rnnnner in which it is throw the constitutional cunency ot the r ti.p secretary of the i reason to " , , , ' r,i for t e c "- v ' ' i com into operation shows olainly ar in eonmtrv ,/• m anv ncrson or to anv corpora i , r . , \ * „ . . , , / e egitc i d " t r •- . ' . teiition of iiiuking it tbe settled and per ma for my own part sir i denounce nobodv honower ol directing what funds shall , c f r i ■ . j , u i . r.ni.t p ™ , e t i nent policy of government indeed it is i seek to degrade or disgrace nobody hold i ahle for customs or for the public * ' . u > , ii.ii i rrc eivauic *- , n(lt uw beginning its complete existence ing tlie order illegal and unwise i shall cer i nor dia he make any discrirnma , c . r u . . . . . a .. a -. '•"' ■- i .* ■_.. ,„ „ „ ... it is only five or six diys since i'.s full ouer tairily vote to rescind it aud m the dis ihe funds so receivable between lit , / r r / • i.ttn in i r u . a p alum has commenced is it to stand as charge of this duty i hope i am not ex pec . individuals or between the dittertnt ' « .,.■.,. ., j «, jgehibsivia . lhe taw of lhe land and the rule ofthe ted to shrink back lest i should do some jj.'ifiches ot t ie p . ■ treasury under the administration which thing which might call in question the wm mr webster addressed the senate as j to raaue andaretht.se no tions of an dom of the secretary or even tbe presides phewc exclusive spetie currency and opposition , and i nope tbat so much of independence wlx president the power of disposing i to all banks on which it is defended to be as uav be mntintented by free discussion &. bflb > pn port ant subject is in the hands ofl espoused and maintained by the new alt an honest rote is not to cause denunciation both li^re and elsewhere who ministration as they have been uy its pre j from an i quarter if it should let it come h , i ik . i y to *' c influenced by any opin decessor these are questions not of mere as to in attempt lo overthrow the rcmsti br uf nun * ' vu "° motive therefore curiosity but of the highest interest to the tsttoual currency of the countrv if i were i itesaiag tbe senate hut to discharge whole country now i enter into such n design i should i hibltc duty &■ to fulil the e xpectations of j.i considering this order the fi.st thing be beginning rather at a late dav to wage i ,.• who look to mefor opposition whether j naturally is to look for the cams which i war agsiust the efforts of my whole pot iti i railias ot nnaraihng to whaterer i believe , led to it or are assigned for its promulga j c.l life from mv very first concern with i l 11km or injurious to the public inter tion and these on the face of the or ier | public iff ura i have look f at lhe puidic i ir both tbrse rcspectbythe treasury or itself are declared to be complaints which currency as i n tiler of tne highest interest idtr cf *■■' nth ot july apiiearsto meobjnc i hive been made of frauds speculations and and hope ! mv • given seifictent proofs at a b lorulj j 9 | th.nk it not warranted by law monopolies in the purchase of the public i disposition al ill tun m to maint tin it sound h think it also practically prejudi . isnds anil the aid winch is said to he given and secur oainst all attacks ami all dan b^l 1 think it ins rootriholed not a little to effect these objects by excessive bank \ g«'rs vvin-o i first entered the other house l lhe aecbbtary dilti nlues under which credits and dangerous if not partial ficili i of congress the currency wis exceed gly hhtihole ctv.ntry has been and still is la i lies through bank dmfts antl bank deposttea i deranged most of the tanks h id stopped h and ibal its rlirect effect on one par i and tlie general influence likelv lo re ' payment and the circulating m dium had oirl ol the country is stitt more tie suit to the public interest and especially the . then becorjn indeed paper mooev so unlavorahie safety of the great amount of money in the j soon as a state oi * ->■-« mi i ! > u us i look or treasury circu treasury and the sound condition of the i part iti an effort witn ot its t » restore the the further same cuir«.ncy to *\ belter stale tttu sneves it llio r.-.-ivrs of pil hlic ■< \' h ill'.e ut til ilttioiil ilotlilniu fills .''' '' lo a ■ 1 ' h ,' ■ 1 ■ mbbbbbbbbbbbbai chasers and nave left no ground whatever fir ihe inrerferer.ee of executive discretion or ex ecu'ive control so far as i know there bm been no period when ibis subject was not subject to xpres lejal provision when the duty act and lhe manage a ct sere passed al ike first session ofthe first congress an eel was passed ai ihe same session containing a section which prescribed lhe oins and fixed their values in which those duties wre to be paid flow that time to this the medium for the payment of public debts and tees has been a matter ot fix ed leoal ri;»ht and not a matter of executive discretion at all tbe secretary of the treasn ry ha had no moie power over these laws than over other laws he ean no mum change the legal mode of paying the duty than he can change the smecat of the duty lobe paid ; or al ter tbe legal means af paying tor lands with any amre propriety than he can aliei the price of t e tsada themselves it would be strange in deed if this were not so it would be ridiculous to s<iy that we lived under a government of laws if an executive officer may say in what cxrre ticy.i.r medium a man shall pay hie taxes and debts to govern na et^ad may make one rule ( for one man antl another rule for anothei we ! might as well admil tnat the secretary had au ihonty lo remit or oive in the debt of one while i he enforced payment on the other 1 desire sir even at the exp-nse of some re petition lo fix the attention of he senate to ! this prop uion th it congress having by the j conhtiintion an horny to dispose of the public ter ritorv has passed laws for tbe complete exercise { of that powe;hws which not only have fixed ihe ; price of the public lands the manner of pules j and the lime ut auymeat dot which have fixed } also with eq'iul precision the mnuii n ot kinds j of money or of other things whieh shall be re j eived in payment it has neylecled no pari of j thii ii.ip.riauf trus ; it has delegated no p*rt ot i it ; it h*s left no ground nut an inch for execu i live ittterawaitiue the only tpi.stj m therefore is what is the ' uw or what to-ii be law wasu ihe secretary | issued his order ? the secretary consolers that that which has j be-n uniformly done fn 20 tears that is to say , the receiving payment fir the public lands in the hills of specie paving bankn is against taw he . calls h an " indulgence and this " indulgence i ihe orler propose i . eonlinne for a limited time rnolo the dcposito banks t in i manner and chiefly foi bank credits and j b it what is meant by the " constitnt'oiial j ami in lav if a particular cla*s of putdiasers^b brfw receivers and lhe banks af i paper money | currency about which *> much is aai i ? vhai j it this were an indulgence and against law unfl lavitkdini of lui-us then next to t us is the catdlo.igne ol evilsto he cured p--c*tt.or ' r.ns of currencv do , ihe co.st.tn j ought well a>k how has it happened that ,>■ i ■' • ' .. ,. i r i i a i i u . ci hun allow and what does li he-bid ? 1 1 is plain sh uld have conimued so long especially thr.iugh^b inx in paumenl of the public lands by tins order in what these frauds consist „ ,, , ,. . . ' . „,,„, um . r . l . . ?" .' -, /,. . ",,■■ i r •' . ■ ..'.,.. . i - enmgn that this depends on whit we un.ier r cent year marked b mich a spirit ol ihomugh^h hia tic p irhat is directed h e istmg wn.t aie the monopolies complained or or , t;lll 7 liy c „ m „ f current . ... .. >■■•■■, and an i se ax in a r reiio u » i nu i il i h sol and aili'er m /, in t hi p*-*>p i what is pre iseiy intended hy these injurious j perhaps in a jusi sense mcl.n s not only gold it ibh he illegal and aa intlutgence only whyh ti 1.1 firjroii.i laud script provt e i . speculations we are nol informed all is j and silver and bank notes but bills of exchange continue ii longer and especially why continue'h fc_//r/ie i5f'i of december thn next left on the general surmise oi raild specu j also it may include all that adjusts exchanges it as io some and refuse to coin in ue il a t..h u gnice herrt fore extended u latiou and monopoly it is not avowed or j a » u settles halluces in the operations ol trade i others ? ■ wiil i >/ none i recttced may be con intimated that the government ban sustain i a '"' *«'«»**» » »• w *« uftders.ar.d hy currency | but sir it is time to turn to the statute kiar iny qianliu of land not ex ed anv loss either by the receipt ot bank " e le * al t e lh f country that which en j and to see what the legal provision is onh am . i i i i 11 siifutes ultvr.il lender for debts nod is the . ,,-. t()i|i ot vim isiti a resolution oas-aa kgfrt c •*■■> o euck purchaser who notes winch proved not lo ue equivalent to . , ltl „. ,,.,-,. lir . ..: ,.-. , ..' ., „, l , ... ,. ...■ n . 1 " a , m iai °' '' i m baaaaa , , f w t ' 1 malui ir i-.i i v itiea il.i.l.u j tl v . no , holti houses ol i oniri-e<-j tl ivi ,,,■ b na fide re ident spec or in any other way and it ie not ing j s meluded nu gold an silver m,.7t un ! \ ■ t.ongress it was i wrtzwkict the sales are male a little remarkable that ibeeeevtts of fraud qaesu nably ihere is n legal lender and there j l,,e eommoa f,,nu ° a j-'>nt resolution andh rtmnmotmnin hrnarot v.roi --. s<r ip speculation and monopoly shout i have he | can oe no leual louder in mis country under lhe l wm a pl roveu h y tl,e riesidenl t and ..<)■ jfjmwlerl on a partiml r act of digress | erne so enormous and so notorious on the [ authority of ibisg.vero.aenl or any other but | rtl,e doubts i luppose tliat for the purpose ■ padeioop-ul of the geiierolq.est.oi i 1 1th of july as to require this executive ', i ! j ar ' d silver either coinage of ur own mints nto.idc.hy it.it was as authentic and w kaunarenrnv therefore lo refer f,r i interference for their nuppiemion and yei '" : ore s «»"' s .' al r ul f «• l v congress lid as a law tn any other form it pro-h aw ..,^„ v > i . e i . u u u i t j l l bhi » a constitutional principle perfectly plain vules that *• from and after the 20th davsal exception 1 ue buhstance of that they should not have reached such « u"d uf the very highest nporian-e the abates r februarv next \ 1 8 1 71 no duties taxes i in.tr ,,,,.,„ s hit nothing but height as to make it proper to lay the sub j are expf „ sly ,>'„„ .,.•„,, ml , lhluf ; j ™ ' id j n ° j or bell st«./c^»/ia 6 received in payment i.-ct ueiore congress although congress b ..„ j and silve , lender in p.y er.t t.ie!ks ; d ' ' " '" , '" > ' ,. ' j ■ awr /.;;,/ w ..,.,.. . u t . i . . ■ . i.k . t u . • coining payible lo the united otntea.h w'viit iiiitas provided how ver that remained in session until within seven days and although no such express prohibition is ap j i i i i ii i lsetileis n.t6o-io lilr res ler.ts ii the ol ibe date ol the order ami what makes hed to congress yet as congress has no p v j °" t ' l1 «> be colle.-ied or received otherwise malicre the sales are made mav pur this circumstance still more remarkable is : er g *•> ■■* *'• bw respect but to coin mo ; lhal ' in "• egal currency ol uie u mates m^qt.t.e ..... y .■..- a . „.....„ i ..... >•■ ... i ney and ■■> reguule the vain of i ,. i^n ooms i ■ m 1 t^asury „ des or i.i notes ot the bankm u . ii a ,.. i , , , , i . r c ,. , clearly has no power to subsume in per or anv ol tne lulled otntes or in notes o bauksh bwde allowed to pay as h-r tofore comineuceineiit of the same session tie ,,,,. /. f . i • . „ , , •' \ *, ,, . . . ■ afa«mm«.ll^i . icl o i . u i i r i a . r ihing els for coin as a tender in payment t which are payable m specie on demand inb w^z^^a la fresmleni had spoken of the ap,d sales of drdls , and inoi9shargb rf c(llli|h , t . s c gres lbe sai(l 1 currency of the u states hnv^n^nvtmcr re 7 st ' i ' p ' f ti ° m m081 f^'c s 7 ""! r fu " v ' !" "^ n3 br3 "- t...s iontt resolution authoritafiv ely fix swit„uv virtue ot mis order goid it silver t ing proofs ofthe general prosperity of dies i has coined money and sidi coins it ; it .. ■' r i'll q req urd ot a purchasers and for i the country without suggestmo that any &»* regulated tbe value rf f rf eign cans and still «! tne nghts ol parties pay ing and tne uu o^i.tuies i . . . t j . re.rui ie their v-lo . t.m i.-.r.i t„„i.,r 1 ties ot otlicers receiving bo tar as res-h ■, g 1 ' liuts - danger whatever was to be apprehended raguuies weir ame i ne legal ten er mere , * sw h jin vert nh<l »!••< n .^„„. .• , c r j i . i .. fire ihe echistitulioti.s ktoiiilard nf v in is w i peets the notes ol the oiok ol lie unitedh m-ginl tli it a resolution to re i horn fraud speculation or monopoly lh , . " ' " — ' ',.» '" ph i ' ; , r . — . , b aai.r.ler i t t _ • • . . .* i j r l tahhshed and cannot be overthrown lo over stales it was altered hy s law ol the la-h bw i thus < arly in tro words were among tlie evidences nf the ., ' n . , , , . . h ,_? , , .^ m f^^il .„ • i , 777 i r.i ! iliro.v ii would s'lalio ihe abole sysiem session ; hut in ai oliier i:iriicnlnrs tt au imo i ii ; ', ; \: - he resolu :. cr r ng p , r f eper,t f *\ tit n ,°' ba i iae **-»*«»« «"..- *!, m 1bd * m , • , u , uil forr i e u lhe presei j ■ • . a b2 j , r v ;' h 1 c t f gr^ll g l l biw iior l7 lb . t,e «','- r^-l^"^pr,.locs il..w „,;„ h •■„„„„,,/. ailja8 it expressly authurizesl m "* ooui unequivocal and decided receipts from the sales of the public lands consniatioii cannot tolerue the voluntary circa 1 4 , , , mm .. u " 1w1 „ c . 1b m alu 1 1 ,,.,'.,. ;. i a r i • i ... t i i i . . . ! toe receipt ol suen t^aiik notes as arwaa ****** i e orner it seems mto be defen which amount in the present year to tho lation of bank notes convertible mto 2<'ld & art . ' . , *. , ■ ■ ■ bnag both legal » 0 d useful let its unexpected sum of 11.000.000 from *« at ibe wiil i the bolder »* part rf tee •* i p '> ul),e r a '' ll , 1 1 \ ™. „ x ! r hl ml ■,.,„..,.. ,, iel j m , 0 f th e of lint message tual u^y r ih^emniry ? ua man not only l lemiand now e receipt nfs,.,l at ■ |, r 1 i i r w . . r . n . lobe entitled t denand i «, s.lverfor eve noiea i a matter «>| ** indulgence el w tz m-onr down to he date ,, the reasury order ■ i^;j h ,;^ t ;; e m w , h „. lv lhal to be allowed to r uy v ' ) < 1.,-tts ev n g.v.ng the res there had not been the least change so fa ,^, 1 u m 1 , e j ? h , t qr ph(n|fi imffi . ,„ .^. j „- ,„ fi , rei „ j j a r ", s 7 m r *' a 8 hea as i know or so far as we are informed ... tn ,„ v llljkt it nni vlul t receive pay in any in ,] c eo,i our own gold and silver is i v t b,s nghf though t be not the manner of receiving payment for the thiag eiss ? bud a notion is ... shsurd j ie ha j iud ulgerme since the act places all ou the t*m - 1 »■ ne.ai practice to attest tlie public lands everything stood on the 1 li h sernmsly treated i ne consii oiionai tender is % ', ■ ■ ■• i the measure al its first stage july 18s6 as it had stood at the opening ll »« ihiaj la bs preserved and ii ought t oe pre d '. , | 1 ,' '.. ».-- «»_ t ...,;■ - -" december 1835 how *«^ eacreully u r s imuaimm i'tie 1 '»« "»»;» lb e « « » h « f mimoo ,| a different a e uf ih.ngs happened lo r '' '»«»- f "'^- - '««-'» - h > "»■-»»•« tu "' d 7 ' " m r '' t s h't tl mj b.crctarv & idea ; that low he taken at the two per is we m.y be a ] , have * a|rf . a(]y n ,, c „ n . jr s ,„. k>tei|dti , he „ rcier on lj|e griumill j ■ hie to learn p.rtiaps in the further progress mft p »«•»»»* >" make any th.,.o ba bl i omv otfertne from out totally nuou ot this i the payment assumed by ttie secre the order speaks of the evil inftirncc ledienjenlnj bni it by no mm h , doej . imu . oli . llitir uie ie ceipl of ■ l.k iy to result fr.-n the further exchange ha t may not authorize h r.cei r i of any th herto or up to uie lime of .. wi • > n payment of debts due tothe un.u * '. . ■ ol ttie public i uius into piper mocey > uit . s umg the order as luduigence but as bn-.w v angu t ge the tnese powers are distinct i»d ft.w from dif a lawn 1 right wl lie lasted tiow lie bti"ii ui from missouri he bahbtiinll speaks fereut sources the power of coinage a gen proves tins tight to be now terminated and i ot tiie ntves of all banks however solvent eral power a portion of soveiegnty taken termiiuted by force of the order i shall b and hoa.'v-r promptlv their notes may be trom tlie states and conferred ea congress for consider piesenily 1 only say now that b redeemed in gold an i paper mo ****** b " h ut u'df.rmtty and of veaterseeuri arou.neut emirely dep'rives the st-cre i ney the secretary has adopted the lion l 0 v ' , l » s to ». i 1 ."" 1 |" r he ben «- fit j hi1 ll j e tary ol the onlv ground assigned by him lor i , i j . people by estanlishiug a legal tender aad stand ' , ,,, • ■ or a hie mem in r s phrases and he speaks . the treasury ordei ard of value in all transactions ■ too ol all the bank notes received at the the secretary directs the receivers to ■ hind orti.-es although every one of them l9 but when congress lays duties and taxes or . . av ' nem o lhe . nihtlc i anu8 ,, i . . dispt«esof he public la..ds,it may direct payment ■ redeemable in specie on demand but as so " ma(je j wha . e , er med l nn it teases mnhm * etc < u ' ao ' m directtd b h iiu ex ' ■ much paper money p hp , llin „ r , t . t0 ] ay iax includes the power ; tin s lawi * viz : 6 id aiiu sllver > ai ; d ' '" in this n-spcrt also sir i hope we may deciding how the shall be paid and the pow i proper cases virginia land scrip gold i know move as we grow older aud be able granted ■■} the ceaatimuue tu dispose of the | and silver then and in the proper cases |... learn « he h.r 7 times to come as *"""? s lhe t i virginia land scrip are m the opinion of i limes leeeatlr nessed the justly obnoxious t course the power uf fixing not only lhe secretary all that is directed to be re ■ .. ... > it ui v ))..->. ... un j istiy nnoxious | th prlce an j i(ie c-nduions and ume of pay ! 01 „ c i i v .,'_„.„,:,,_ i b p u - 000 r i and odious cha.acter of pamw money is to t , ne nt but also ihe mmmmtef payment both ce,ved , b y u,e e . xisl g ' aws ' /'* rece p l i be applied to alt the issues of all the banks in respect to dunes and taxes and payments for ol da ' k " 0les » he cunsiders therefore but i in 11 lhe states with whatever punctuality lands it has been accordingly the constant prac an indulgence a thing against law to be i i hey redeem their bills this is qnte new ' ut congress in bs discretion to provide for tolerated a little longer as lo some cases ■ as laiis-uaym hv pnpaf money in e receipt of sundry thin-a beside gold and sd and then to be filially suppressed ■ it obnoxious nmrne i understand paper is "* as "''? n h 1 <"<»- ! apparently not at all satisfied with this ■ public blocks of ihe uovernu.enl ■ need on credit alone without capital with ! v ere luade reot . 1tab , e i)t land!j 44 ; lhe 8ix view of the fcecreiary of lhe ground upon bout funds assigned for its payment resting ceills al uar and ,„ hpf descriptions of stock 10 i which his own order must stand lhe mem hioiiy on the good faith and the future ability prop.ruoii this policy had probably a double \ ber from missouri not only abandons it hot those who issue it such was the paper purpose in view — tbe ne to sustian the price of ' altogether but sets up another wholly in h money of our revolutionary times and su h be pu l.c stocks and ibe other to hasten the consistent with it he admits the legality ipeihapsuiiv have been the true sale and seitlement of the lands other statutes of payment in such bank notes up to ■ t he paper of uartichr institutions since have grie^n ibe ike leceivawe character to m.a dale -, f uie orjer it8e , f b , ; illg „ u lhal ihe ■ 1 suck and to virginia laud scrip bo c „. „ ... ,...,. ■ t,.t th notes of banks ol competent cap tr lir y notes were laatfe rece.vaule lor dutiea secretary of the 1 reasury had a right tals limit d 111 amount to a doe proportion ail<1 uxes a d indeed if any aucb should now i nelection and a right ot rejection hlo such capitals made payable on demar.it oe found outstanding i believe tbey constitute thst although the various modes ol payment buigiild and silver and always to paid oa a law lul mode of payment ai the present mo provided by the resolution l*ie were ihle member tn his ei,"d)orate h^tir.tu lus opposition to this resolu "^ us suppori 0 t ihetreasury order *^-' : a 1 principles rept ctu.g cur k»ifb he is known to eiit.rt.iri and hp 1 '"-* niaiiitained ft many years f f ls st ne of us repaid as altogeth | duiipiflc-iieahh looking toa slate fj 01 desirable in itself even if it ■ ' r tirable and if u were desirable bjj^ar bey . no u,e power of this g v l ■ lorable inemhi r has manifested yj^^ance and abunuant tabor j^blw ■ jj s.i|.pt rt of his opin uidcrstt'od also to have had mjg^jr.un high placrs and what mr < f success the present moment bvwn i am not able to judge bjbpo'hahly soon see it is pre m n w general and bug known ... jlj f t be rests his support of the r or,lp r a question therefore is h*iwee.i theamntleman'fl pnn m pinions on the subject of the ■ print plrs a l opinions ■ ltd , n ' ri v pr va.led in the coun ■ '" i are and have been entirely ■ " s i ha.1 question is now a l*m lethe vote of the senate w • a,ul by the termination of r n e shall learn whether the btl'.f s ' b,1 " ,, ' , " s are . et are not to lmvi .'' hsl - s l»e si nate iscon utitry mill rejoice i am sure r d " ; ii..n of the opinions of ■'' i j-'t about which so mjl li ) well