Newspapers / The Tarborough Southerner (Tarboro, … / July 4, 1834, edition 1 / Page 1
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Tarbovvugh, (Edgecombe Coil The "TtirboroHzh Free Press," BV UH)K(IE HOWARD, Is published weekly, at Tvjo Dollars and Fifty CfUs pt-t; yc;tr, it paid in nclv-nce ot, Three Dol lars, at the cxyiratirn of the subscription year. For ny period less than a year. Tvjenty-Jivs Cents per mrnth. Subscribers .ire at liberty to discontinue at any time, en giving notice thereof and paying arrears those residing at a distance must invariably pay in advance, or give a responsible reference in this vicinity. Advertisements, nt exceeding 16 lines, will be in jcrtt d al 50 cents the firt insertion, and 25 cents each continuance. Longer ones at that rate for every j(3 lines. Advertisements must be marked the number of insertions required, or they will be continued until otherwise ordered, and charged accordingly. Letter addressed to the Kditor must be post paid, iM' they may not be attended to. 29, GEN. SPEIGHT'S CIRCULAR. We have received a pimphlet copy of an ad dress "To llit; freemen of liie fourth ConresMCu al district of N. C. comprising the counties of Johnston, Wayne, Greene, Lenoir, Jones, Ct. ven, ur:l Carteret," by the Hon. Jesse Spkk;hp. We take pleasure in making the following it. Iracls, as tin; view's therein contained relative u j he power of the President over lis Secretnrie , the removal of the deposites, nnd the. U. S. j!!ik. fully coincide with our own, and as believe, with a large: majority of the citizens t;' ihis Congressional district: The on ly uljt;ci of importance whicl has, or is likely to engage our nlteniioi Ml l lie present session, Ls the act of tin Secretary of lite Treasury, of the lutl September last, removing the governtnen denosites from the Bank ofthe United If it can be shewn (as I think it can) that the public moneys are as safe as heretofore, there is little or no caue to justify the present pretended excitement: Hut more of this anon. The first ques tion then, to which I would call your at tention is, to whom is the Secretary of (he Treasury responsible, for his official conduct! 1 say, most unhesitatingly, iuj me 1 resident, ror it the trainers ot the law, creating that department, bad inten ded to make its head responsible to Con gress, common sense as well as common propriety would teach us that to Congress, and not the President, would have been confided the appointing power. The ex ecutive power of this government is ves ted in the President of the United States, and by the constitution" he is bound to see that the laws arc faithfully executed. Now, if he has not the power to reu:ove an agent when he deems him guilty of a dereliction of duty, how is he to have the laws faithfully executed? Having recently bad occasion to sub- of the subject, to a portion of my constit uents, (and, to which 1 would most re spectfully refer you,) I took occasion 10 survey the evidences on record from which deductions might be drawn, cal culated to throw light on this difficult and embarrassing question. The result of that research was tin omnimw I thon . i , i.-. i ... . ... r - - oidius ami ii minivers iu m ,u. "Expressed: And they are still my honest banks. As this is a subject (when taken 0lllliolWf confirmed by the strongest and in the abstract unconnected with any po- ,oundest contemporaneous exposition of iUicalqueM.un.) plain and simple, and in de ,.W crea!ill , lhe Treasury depart its nature, easy to be comprehen, ed bvment of lhe KOVurilIIIJlll. u cunf;rnill. the most ordinary understanding, i shall.:,,, , rxc r,r i c , . . " . ,. nvm vji tiJjr umiiiuii- urieiuiure eAiircfiSi'U, ake it up, and endeavor to discuss it . ,avcj uu,y l0 mh, lnl lhcre s IJ()t (() be bund on record a single trace of evideuce ith which to substantiate the idea, that ue Treasury department of the govern ment is on a different footing from that c any of the others, but that all the dif Irent departments of the government are aike amenable to the President. 1 do not wish to be understood as say iij that this provision in the constitution o laws is a wise one. Uoon that noint manifested by the opposition to canvass lhe subject impartially, it would have af forded aie infinite pleasure to havejoined in the adoption of any measure calcula ted to have he.ird ih hn.-.rli f(t I n i :i y , . . i ... ...w .i-iii tit m iiiiii m It inw iiniiiiiim ni I n. -1 . I . .. I . I I v -. J in; "j"'""'iw una imiucuiur ora neu ; use the term.) iiut what was the with that calmness and moderation which is due to its importance, hoping thereby in the end, to shew most conclusively to all unprejudiced minds, that it is an aet by no means fraught or pregnant with those awful consequences which have been ascribed to it. What has, perhaps, attached more consequence to this act ot the Secretary than otherwise would have been, is the principal agency which the President of the U. States had in the con-j summation of it. It will therefore be- come necessary, hetore i proceed to dis cuss the propriety of the measure itself, and its consequences, to say a word or so, as to the relations between the Presi dent and the Secretary of the Treasury, or rather the relative powers of the two branches of the government, executive an I legislative, over the Treasury depart ment, and to whom, according to lhe con stitution and laws, lhe officer at its head is amenable for his official conduct. Now, I have never heard a single in dividual gainsay the power of the Secre tary to remove the deposites; for to do this would be to fly right in the teeth of the Bank charter. Iiut, say lhe panic makers of the day, it is the act of the President, and not the Secretary's, and therefore it is usurpation. Now, I should like to be informed if the fact of the Pres ident's having had the principal agencv in the matter, has been the cause of the ruin and devastation which is said to pre vail. The effect of the measure must necessarily be the very same. I look upon it as a matter of secondary impor tance as to who consummated the act. The groat question to be considered, is rather what effect ibis measure is to have upon our prosperity than by whom it was dune; or in other words, was it wise, was it prudent, was it done with a single eye to the ultimate and substantial interest of the couutryl "And be il further enacted, that the depos ites ol the money of the United Stales, in places n which the said hank and branches thereof my be established, shall be made in said branch 'is thereof, unless the Secretary of the Treasury sfnll at any time otherwise order and direct; in which case the Secretary of the Treasury shall immediately hy before Congress iT in session, and if not, immediately after the commencement of the next session, the reasons of such order or directions." spec tacle exhibited in both houses of Con gress! In the senate two- disappointed aspirants and two candidates for the Presidency, headed lhe opposition. In the house of Representatives, is an ex-president, whom the present incum bent had burled from power, ami Mr. AlcDuiTio the champion of the Hank. Thus was (he opposition formed, and in stead of giving the subject that calm and dispassionate consideration which its merits demanded, and which was due to the dignity of both houses of Congress a tirade of abuse was from all hands turn ed loose on President, wholly unbecom ing any deliberative assembly. I am one of those who (after long re flection) believe that Congress have no power to establish a Bank, within the jurisdictional limits of the states. Be cause to concede to it that power, would l)e to give it one of the highest attributes of sovereignty; which, in my opinion is reserved to the states, or to the people. This uoverninent. I coneidvi Ima nr a, Teat deal might be said both pro and; power in do any thing, which is not ex 1 a . cai. nut it is the fundamental aw ol th' land, and until it is altered or abroga te it must be respected. Nothing, in m opinion, can be more absurd or ridic- fiihis than the idea that the President is bond to see the laws faithfully executed, whn those to whom their execuiion is eniusted, are not responsible to hiui. pressly delegated or derivable, from ne cessary implication. As, for instance, the power to declare war, which is an express one, carries with it the necessary adjunct to employ all the means necessa ry and proper to prosecute it. So also the power to provide and maintain a na vy, which is an express one carries with and from lhe foundation of the govern mei to the present time, not a particle ot oubt was ever expressed as to the powr of the President over all and each alikt Te next question we are to consider, is, th propriety of the removal of the de posits: I am frank to confess, that when i his n was done, ! thought it rather in expetent, and I still think in the end per haps. -would have been well to suffer thema remain until the expiration of the chart', in the United Slates Bank. It has fuiished a pretext for the combined forcef the opposition to misrepresent the mtives of one of the purest pairiots that eir existed, and also to distract the countrfrom one end to the other.. For there as not, nor will there happen a misforine in the country, for the next five yirs, of whatsoever character, but what Jl be attributed to the removal of the depsites; and the rreat misfortune is, thawbile many of the credulous and unthinfcig believe it, there are others who arwillingly ignorant, and of all cre ation tl latter class are the most heart less to mtend with. But oatever may have been my opin ion as tdhe inexpediency of the measure, recent esnts have served to convince me that theeposites are now as safe as be fore, an that in fftct and in truth no real ri. h eads ofthe different departments of j it the means lit and proper to build ves- thegovernment are considered the con- suds and arm them. But does the power stittioual advisers ofthe President, they to coin money and regulate the value hoi their offices al his will and pleasure;! thereof, which is an express one and clearly indicates that our currency was intended to be a metallic one carry with il the power to create a bank! Certainly not. Nor is the power any where to be found in the constitution, without open ing a door of latitude and construction, which would of itself destroy the instru ment. That a bank is, in many respects, useful, and a fit instrument in the bands ofthe government, as a fiscal agent,! pretend not to deny. But that it is the only means devisable by which the gov eminent can get along effectually, is what, in my opinion, no man of common under standing believes. I urn free to say that, in my opinion there are individuals who believe that a Bank, or the Bank, is in dispensible to our national prosperity: but, on the other hand, there are others, who pay a servilo devotion at its shrine, merely as a fit instrument to oppose the present administration. Violent Hail Storm. A correspon dent of the Salisbu.iv Watchman states that the town of Jefferson, in Ashe coun ty, was, on the 4th instant, visited with the most violent .shower of hail ever wit nessed at that place. On most of the farms in lhe vicinity, the crops of wheat and rye were destroyed; the trees of the forest were comnletelv stripped of their foliage; and all windows in exposed situ-
The Tarborough Southerner (Tarboro, N.C.)
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July 4, 1834, edition 1
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