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The Works of James Buchanan (Volume 4); Comprising His Speeches, State Papers, and Private Correspondence (Paperback) Loot Price: R349
Discovery Miles 3 490
The Works of James Buchanan (Volume 4); Comprising His Speeches, State Papers, and Private Correspondence (Paperback): James...

The Works of James Buchanan (Volume 4); Comprising His Speeches, State Papers, and Private Correspondence (Paperback)

James Buchanan

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Loot Price R349 Discovery Miles 3 490

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Book may have numerous typos, missing text, images, or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1908. Not illustrated. Excerpt: ... SPEECH, JANUARY 22, 1840, IN REPLY TO MR. CLAY, ON THE INDEPENDENT TREASURY BILL.1 Mr. Buchanan rose and said: Mr. Pres1dent: It is not my purpose, on the present occasion, to go very much at length into a discussion of the provisions of this bill. I intend, in a great degree, indeed almost exclusively, to confine myself to a reply, or at least to an attempt to reply, to the remarks of the Senator from Kentucky Mr. Clay.] In all discussions, if we desire to arrive at a satisfactory conclusion, it is absolutely necessary that we should distinctly understand what is the question to be discussed. Then let me ask, what is the nature and character of the Independent Treasury bill now before the Senate? Since the origin of the Government, our own responsible officers have always collected the public revenue, and have always disbursed the public revenue. Heretofore, during the intermediate space of time between its collection and its disbursement, it has been deposited with banking corporations. The object of this bill is to provide that our own responsible officers shall be substituted as depositaries, instead of these banking corporations; and that these officers shall hereafter not only collect and disburse the public money as they have always done; but that they shall also have the custody of it between its collection and disbursement. Under the provisions of this bill, every officer throughout the United States who receives public money is constituted a depositary. But there are certain points where very large sums of public money are collected, or are disbursed, or both; and at these points, both the security of the revenue and the public convenience require that there should be depositaries distinct from, and independent of, the collecting officers. These points ar...


Imprint: General Books LLC
Country of origin: United States
Release date: 2012
First published: 2012
Authors: James Buchanan
Dimensions: 246 x 189 x 11mm (L x W x T)
Format: Paperback - Trade
Pages: 206
ISBN-13: 978-1-154-09813-6
Categories: Books
LSN: 1-154-09813-3
Barcode: 9781154098136

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