Register of Debates in Congress: Comprising the Leading Debates and Incidents of the ... Session of the ... Congress, Volumes 1-2;Volume 14;Volume 25;Volumes 70-71

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Página 1269 - Having carefully and anxiously considered all the facts and arguments, which have been submitted to him, relative to a removal of the public deposites from the bank of the United States, the president deems it his duty, to communicate in this manner to his cabinet the final conclusions of his own mind, and the reasons on which they are founded, in order to put them in durable form, and to prevent misconceptions.
Página 1593 - All charges of war, and all other expenses that shall be incurred for the common defence or general welfare, and allowed by the United States in Congress assembled, shall be defrayed out of a common treasury, which shall be supplied by the several states, in proportion to the value of all land within each state, granted to or surveyed for any person...
Página 1745 - The history of trade in the United States, for the last three or four years, affords the most convincing evidence that our present condition is chiefly to be attributed to over-action in all the departments of business ; an over-action deriving, perhaps, its first impulses from antecedent causes, but stimulated to its destructive consequences by excessive issues of bank paper, and by other facilities for the acquisition and enlargement of credit...
Página 1593 - That the General Assembly doth also express its deep regret that a spirit has, in sundry instances, been manifested by the Federal Government, to enlarge its powers by forced constructions...
Página 1541 - They abound, for instance, in the Minutes of Evidence, taken before the Committee of the House of Commons, on the renewal of the charter of the Bank of England, in 1832.
Página 1747 - It was so impossible that such a state of things could long continue, that the prospect of revulsion was present to the minds of considerate men before it actually came. None, however, had correctly anticipated its severity. A concurrence of circumstances, inadequate of themselves to produce such wide-spread and calamitous embarrassments, tended so greatly to aggravate them, that they cannot be overlooked in considering their history. Among these may be mentioned, as most prominent, the great loss...
Página 1751 - ... the infant industry of the country by resorting to adequate taxation for the necessary revenue. The facilities of banks, in return for the privileges they acquired, were promptly offered, and perhaps too readily received by an embarrassed Treasury. During the long continuance of a national debt and the intervening difficulties of a foreign war the connection was continued from motives of convenience but these causes have long since passed away; we have no emergencies that make banks necessary...
Página 1513 - That it shall be the duty of the Comptroller to superintend the adjustment and preservation of the public accounts ; to examine all accounts settled by the Auditor, and certify the balances arising thereon to the Register ; to countersign all warrants drawn by the Secretary of the Treasury, which shall be warranted by law...
Página 1753 - ... with obvious safety and convenience be left in the possession of the collecting officers until paid over by them to the public creditors. Neither the amounts retained in their hands nor those deposited in the offices would in an ordinary condition of the revenue be larger in most cases than those often under the control of disbursing officers of the Army and Navy, and might be made entirely safe by requiring such securities and exercising such controlling supervision as Congress may by law prescribe....
Página 1225 - The stamping of paper is an operation so much easier than the laying of taxes, that a government in the practice of paper emissions would rarely fail, in any such emergency, to indulge itself too far in the employment of that resource, to avoid, as much as possible, one less auspicious to present popularity.