The enquirer. [volume] (Richmond, Va.) 1804-1815, 1810-07-13
=
FOR TIE ENQUIRER.
SKETCHES
SKETCHES
n SHORT DIALOGUE
ON II GREAT SUBJECT.


meeting the extinction Of it's Charter. NAV
it die, without AIRY chance of resufrection
Banker. But it should. live-we should
revive the Charter. .fan Banker. And
WHY,
B. Because the Rast will suffer, from the
amoun' of debts which it has out A Blu,
cui dekcto--whose fault is that! They had
warning that their Charter expires i'm
Marc1. They should have prepared them.
selves for the event. they are preparing
for it. by curtalment of discounSs. &c.
| Tneir de6'srs will suffcr-A WHY
50? Are there not s,a'e Banks enough to
relieve every honest debtor III
Is. Bar the Secretary of The Treasury is
Ia favor of il "A, Your mnst otcdient, sir
| That is realty most 'rrefragabie argument
Are we to consul men nor measures I! Is
| MIR G TO be our oracle Has he been
RICH. on every occasions Was he no in
! opposition n the Repeal of the Internal far-
es in 1901.
But the Bank is great convenience.
as an-engme OF France; it receives and
disburses the monies Of the U. 5. With
out l. how would you paw off creditor of
the u ,. that is removed from Washing
ton fru would not send him spe Gle, to be
/ sure ~ could you get mercantile Bills -
| a 'ur Argument might have been spe
cous enough, when the national bank was
frs. set up but there are now state baak,
enough. to explode it. Let the state Bank,
take the place of your national institution
LIE them receive, and pay away the money
| OF the u States, tn the creditors, that live
near them-bur if there should even be a
superh,x in the vaults of one bank, which
is to be transmitted FIR the payment of dis
tant creditors, is it no, easy fnr the state
banks tn make proper arrangements with
each other--to make the remittances in their
! own or in each Others papers This plan
Is at ie1st conver'ent es0ugh for use-at the
same time it protects Us from the odium of
| trampiing on the constitution of our coun
| try
b. But where is vour objection to the
/ Bank A. Inc one which have just men
toned lit is in the very teeth of YOUR Con-
sttu'ion Fry it by the two Tests which
have been laid dHw,. for this purpose + a
1 Bank within any of those powers which are
expressed in the Constitution ? M. Is it
then an "incidrnt to an expressed power
and necessary to its execution 7" 1t is not
Whence then. Sir, do you derive this pow
err.
b Pshaw The question of Constitution
ality is set AT rest for ever.--\ How so ?
B. All the departments ut oar government
have sanctioned the bank president,
both houses of Cong ress, aud the Courts have
Recognised it. AID Congress nave not oulv
, done s., by the & st act whica Instituted it,
but by supple acts, such as that for
= punishlng the cnunterfeiting of its notes. a
Why as 10 these supple nents they do not
touch the main principle. MANY of those
who voted against the Charter voted for
7 them as appears by the Congressional JOUR
nal---eni why s'bccause they were unwif
ling 10 affect the validity of Caarser once
rstaplls>ed, and they were wiling to give
full effect To the contract. But let us even
adult, that they were wrong in this opinion
are their mistakes, Sir, to Change the spirie
= and interpret cation OF our great constitutional
l Charter! Your doctrine amounts TO this. thar
precedents are superior to principles f; that
our constitution may be overset BY e6croach
} ments ; that which mas been done once NAV be
done again. and ind ed is the very reason
why 1t may be repeated and hat all that
IS necessary TO ,do away the charter of our
rights, is for some miserable faction to mount
10 the head " affairs, who will first rample IN
our liberties and then plead their own usur..
pations as preceden's for their constitution
ahty.--ii every sep. that is .aken, is proper.
for no other reason than because it is on re-.
Cord, why, there is at once an end 10 the sub
Ject and TO the constitution lien and
SedI'ion laws are proper and constitutional.
because hey haze received the sea! of al
the depar ments-bccausc a Chase n - GET
''N '-''Si VI JuS'iSS, dtill i Calender has
been IN jall.
B. With you, then, the frs, question is
NOT, what is expedient, but what is constr
tu'onai "A. Yes, sir, and II mus be IN with
every republican, Before you do any thing
snow me that you have right to do it
Lopk, sir, at the consequences Ifyau raise
your bank upon the RUNS of the constitute
on, where is he barrier between the fede-
RAJ ana the safe governmental If the re-
pubiIcans will subscribe to the preceded,
set them by the federalists. the precedent
viii not be Confined to Bank, Tor to what
may it not extend! If you let in a nation.
al Bdnf. what national institution IN ;,v Won
n2t let IN upon the very same principle
we snail have national schools, national
roads and canals-Congress may incor
Porate trailing associations Congress NAV
| give bountIes and extend their regulations
TO agriculture Z manufactures tine state eo
vernments may soon become useless and
expensive incumbrance, and all their rhyme
merged in consolidation - These IDEAS
strike my mind with such force that can
not persuade myself, that Mr.. M ,d,snn will
now put his seal upon the charter IF ne
does SO, the Presidential ueto is n mere mi.
+ MY dead letter---it should be immediate
" expnnged from the Constitution-But
ms IS not my only objection to the present
charter 0'N"'
Il What moro scruDles "a We
most OF the bank stock is now owned hv fo-
reIgners--and what is the effect That our
directors are either nominated in London,