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 The present and visible effects of these cir cumstances on the operations of the Govern ment, and on the industry of the people, point out the objects which call for your imnledi- ate attention. -,

 They are to regulate by law the safe keep ing, transfer, and disbursement, fthe public moneys; to designate the funds to be recev- ed and paid by the Government; to enable the Treasury to meet promptly every demand upon it; to prescribe the terms of indulgence, and the mode of settlement to be adopted, as we'll as collecting from individuals the reve- nue that has accrued, as in withdrawing il from former Repositories, and to devise and adopt such further measures, within the con- stitutional competency of Congress, as win be best calculated to revive the enterprise and to promote the prosperity 1.-the country. | For the deposite, transfer and disburse- ment, of the revenue, National and State banks have always, with temporary and Him. tied exceptions, been heretofore employed but. although advocates of each system are still to be found. it is apparent that the events of the last few months have greatly aug. mented the desire, long existing among the people of the United States, to separate the fiscal operations of the Government from those of individuals or corporations.

 Again to create national bank, as fiscal agent, would be to disregard the popular will, ! twice solemnly and unequivocalIy expressed. On no question of domestic policy is there stronger evidence that the sentiments of n large majority are deliberately fixed and | cannot concur with those who think they see. In recent events, proof that these sentiments Rre, or treason that they should be changed.