Speech of Mr. Barnitz, of Pennsylvania, On the Subject of the Bank of the United States, And the Removal of the Public Deposites, Delivered in the House of Representatives, 1834

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He argues that the Executive may control his acts, and take the responsibilit} ; and, as he is responsible, the conclusion is, he should in fact be the keeper of the fund. Here, at the will of the President, acting immediately, the revenues are directly in his power, and, in effect, in his hand; that is, the commander of the army and navy is also the commander and keeper in fact of the Treasury. The argument of the Secretary in his let- ter, and those who sustain him, has this course: Congress ...has parted with its power over the revenues; has given it to the Secretary absolutely; the Sec- retary acts under the influence and entire control of the President, and may place it in his hands, as the person responsible, and then it can only be re- * See Secretary's letter, with his reasons, to Congress, page 19.
9 elaimed by an act of legislation: and that act may be stayed by the veto of the very hand that holds the money. Never was a political contrivance more perfect; and if it can be sustained, the act incorporating the Bank should be changed in its title, and should be called an act to place tbe revenues of the United States in the power and keeping of the President of the United States; and Congress will, by a deliberate act, have given up its most important con- stitutional right and duty, the control and disposition of the public funds.


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