The enquirer. [volume] (Richmond, Va.) 1804-1815, 1814-04-02
WasAingfoa, i5arch rs.
THE NATIONAL BANK.

TIE MAJ IONAE BANK.
II IS With no little qualification we have
learnt that II IS the positive determination
OF many members of the House of Repre-
sentatives of the u. S. that The subject Of
a National Bank, should be brouys, forward
IN practicable shape before the adiourn-
nent.
he cons,i,utionality of the measure. If
ever orotiul, has been settled by the de-
cisions IT The Judiciary snder the act e.,ab-
fishing the old Bank of the United States.
and, even ii the force Of tai, authority hs
denied. he change of circu instances and of
tAe asages of trade and commerce. have
made the agency of such an Institution M.
oeniabiy necessary and proper i'm those fs-
cal operations ut the government, which arc
ooo dependent on the courtesy Of ips,i,u.
tons over which tire government has no
control. and Ia the integrity and soiidity Il
number of separate tanks, VIII 'lst il has
no voice in the selection Of Off, ers who ere
TO conduct them. We need cniy ylance ao
lsye around to ascer,oin that the variance
IN our commercial h sbits betweea the peri.
OIL OF the Incorporation # the cid Bank Of
me United States and the present day, aY.
as great as was the change in tile whole Of
the preceding century. Sur ard so greet
Grange places the 0ncs.sGb en- entirely
oihereut grounds from th0se On which is
then stood; and, iadependece of the ssrc-
~'O' NN''>N ~ Spihtt tflGu given To the
constitution has since rrreived We believe
the pre- sent .const;;u5icua':sy Of No rn,,-
sure to be demoustratie, If NJ, self evi-
| dent.
| When we add. to The benefits ard fsc1;-
ties 1t will afford TO the COVE rnIl en- the adj
vahtages which must atcroe TO tic n. ople
thesc states. frcm Or evns to Maine.
from the Atlantic alnos, to the Pacific O.
ceaD, from circulating medium, of sclpou-
lodged and unique toned credit, in place
OF myriad of Banks. many of them untn-
corporated AID irresponsible, sprireinp up
hke crop OF mushrooms in Z night, we can
no longer doubt the eXpediency of meas
u!re which we believe will afford such OBJ
V,ous and general accommodation to every
class OF the community
IL Is proposed, as we have heard, to ca
taoish the mother bank, as The principal
hank Is generally termed, at PhiladclDhia.
ibis feature. though it might assist the
passage OF the law, would we mus. confess
rob the project of National Bank of half
ITS recommendation in our ewes 7, tak-s
away the nationality and substitutes To-
cahty OF character, which will be an Office
uon instead OF recommendation to the
project. we Ned fondly cherished a hcpe
that the establishment cf thahead of such
an institution at the seat of government.
win branches diverging ike radii from the
centre. would have bound the whole Union
more strongly together, by the ties Of a.
rect interest, added to those moral sarc
tions and legal obligations imposed BY our
constitution and form & government. This
benefit, as we'll as that which would result
from the lntitntion's being immediately npde r
lbe eye OF the government, would 5e taken
away, IT the principal bank be transferred
Ircm The seat Of government to Psj,adSl.
phiS' In reference to these advantages, il
bad as well be placed at Boston or New Or
leans as at Philadelphia.
NQrch 90.
CONGRESSIONAL.
Inc Senate Yesterday agreed to the a..
nicnoments OF the House to it's bill for
compromise of the Yazoo claims. witb-
out debate. The bill therefore wants onIv
the signature Of the President to become q
law.
The House was principally occupied on
yesterday, IN the discussion Of bill TO a
mend the Militia Laws--wbich was order.
ca to third reading before adiournmeot.
provision having been incorporated in II
arter much debate, for dcfrayipg all expen,
ces hereafter incurred bv detacbmfnts
or militia called into actual service. pr;~
or to their arrival-at the place of rentez.
yous.
The Bank Question was not bronob, for
day.