SPEECH OF MR.. WISE,

On the subject Of detaicatioHs.
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retary's Report, which shews that the Govern.
ment had not lost dollar by banks since 834,
and that one million or a fraction over would
cover all previous indebtedness of this descrlp-
lion.


Here sir, you may Judge of the truth and
justice of this officers reports. He reports
losses by receivers and collectors at from
$500, 1000 to 81 100000 only, when we know
that the delalcations of Swartwout alone ex-
ceed the largest sum! Sir, the banks are to
be blamed whether they lost or embezzIed the
public moneys or not; but the only sin Of SUBJ
treasurers is in being caught! They may pick
and steal at pleasure, but they are especial
Iy to 6eWare Of detection! Tho Administration
says as TO them: "Better let it be" Phillips
even intimates that it is all owing to the banks!
Sir, the last inquiry s what are to be the con-
sequences and effects of these deialcations?


have nothing to say now, as to the public
morals or public credit. They are subjects
above these times. No, sir, no. | learn what


is TO be the effect here-here only--by listening
10 the Administrations shout of those old,
WORKOUT humbug watchwords "Economy! Re-
trenchment! Ref3rm!" After the President
and Secretary have permitted all the public
money to be stolen; after they have stimulated
and encouraged the Government and the Peo-
pie TO the utmost extravaganza; after raising
expenditures TO forty millions, and creating an
other public debt, they now, from necessity,
prudenty recommend to our patience and self
denial, becoming economy! economy!-that
is the word.


The fact is, they must starve and be disgra-
ced, unless they reduce expenditures. They
turn, now, from eIectloneering with the public
money, after 1t is all spent, and electoneer in
turn with the watchword, economy !-econo-
my! And upon what is this economy to fall?
What objects are to be made the victims Of de-
faIcations and financial bankruptcy?


Sir, we are told by Mr. Secretary, that some
of the most benefcent appropriations are to be
arrested. The States were led TO expect that
they would receive the fourth instalmeRt Of
your distribution act-an act, by the bye, for
which never voed, but would now execute to
he letter. Why3 Because you, by your own
voluntary legislation, lei them to expect the
ABILITIES which the act afforded, for the promo
ion of their systems Of internal Improvement
md education, and they have been led to legis.
ate on the faith Of your action here. Now, we
re told their hopes must be disappointed, their
ystems of moral and physical improvement
rrested, and the ordinary appropriations here
D like objects must be stopped, and whya Be.
ause the ofiice-hoIders have squandered and
un off with the public treasures!


And, sir, the system Of lighthouses is to be
estroyed, in conformity with the policy and
interest Of this Admnistration-to put om The
ightS! The eyes Of commerce are to be put out
r blinded, to support the extravaganza and pro-
igacy and; frauds Of oifice-holders! Sir du
ing the past disastrous fall season on the At.
lntc coast, the shores ofmy district have been
terally strown with wrecks from the raging
eep. A few days before | left home, 100000
olIars' worth, at least, OF dry goods, was float
lg on the sand beaches of Northampton coun-
y, Virginia, from the wreck of a single brig
or years had been endeavoring to have
clubhouse put near the very spot where this
essel bilged upon the bar. A large cargo of
otton and several other wrecks came ashore,
0 remind US daily Of the improvements neces-
airy on our coast to protect life and property
star of the ocean is needed on almost every
as much as the north star in the
aut of the sky; but they are all TO be dimmed,
md never TO give light to the sea-beaten mari
Ter, because Swartwout and Price and Gratiot,
. I'd omae genus, have carried off the means of
'uying the lamps!


This is not all. The widows and orphans of
'our Revolutionary heroes and patriots are 10
" w SPiAFSu VI tlClI plCdu G1Tlleu ny putrlOuC
oil. All pensions are TO be stopped for the
AXE of parasites and public plunderers. The
'eople are TO be denied all the blessings and
oons of their Government-and for what?--
% pamper your Pr@torian bands, your legons
nth the means Of good living and display, to
'mpt the Swiss corps, who long for their por-
on of the spoils--to furnish your renegade
emocrats with millions to sport their fraterni-
Y of deIauters in the splendor of Europe-to
ndow your Boyds with principalilies of the
ubc domain and mints Of public money, to
rlbe and buy up enough Of the mercenary
nd vile in the land, &c. retain for you the power
hch you have ignominiousy obtained and
hch you have lagrantly abused, and the pla-
's which you have fathlessly filled and
dishonored!


This is but an eptome Of the history Of your
ltrages upon the morals, the law, and liberty
IA still glorious country, which you are de-
radlng to the bondage oI money po,oer, which
ou profess to abhor; a country which you arc
lining by an absolute Erecutive, which you do
roless 10 worship. lfthe Fathers of the coun.
y could now rise from their tombs and enter
his their Temp mple-"whch should be called OF
Il nations the house Of" Lberty--what would
ley say2 What was said to the money chan
ers in the Temple at Jerusalem But ye haue