The enquirer. [volume] (Richmond, Va.) 1804-1815, 1814-11-04


the resolve which he lad reported ia Obeienee to the
in Ine'ons OF the committee, he reier Mr. Dal-
lass Repoti and to the gentlemen Of the committee
who favored it.
-sfr. fright eff Nd. expressed himself decidedly IN
favor OF the establishment OF Bank, but in order 70
obv;te objections some mi,dt eN,scieouSiy entertain
on constitutional grounds, he of opinion that tie
Bank oncht to he located within this district tic there
fore moved To amend the resolve bv inserting therein
abe words " within the District OF Couialia"
-rfr Bw1eeH If Va sad he hsd no ,lo,ht OF the
power OF Congress to esaiisha Bank Oft the kind pro-
posed, IN the District OF Columbia but lac should vote
against the amendment, because he believed such a
Bank won.a Ut all asss, the finances eli the govern
rent he was also entirely hostile To the establish
Ient Ola Bank on the principles recommended in the
Secretary HepOtas Its basis for reasons growing ont
OF their genera: impracticahlity and im.xpe,lienev
-iir D''lai Of ~ said ne was opposed to the Iro-
posed amendment, because i nHd destroy tie utility
o. the ban< 50 Tar regasits suing n,eiurn whieh
should poe7ess the general confidence, and he oppo-
sed 10 also because the Sdo7tGn u would virtually
rsIction Iie construction aheh h. denied, that was not
constitutional to e,tibsh bank with BRANCHES IN the
several states Mr. ~. VI proe, ding 70 argue in sup
port o. he coustitutoiallty of hani.--when
FIR H'Ts1if withdrew Use amendment which nc
lad proposed
.gfy Sapf5rdor.N. C. moved 70 strike ont Of the re-
sdyo the following words with branches IL the scve-
~ states Some gentlemen, he Ssi were of opinion
! bank Dits be established adequate to all necessary
LerpoSes, having nc branches but arrangements wuh
rorne banSs now existing iu eael, STATE Re
WAS IN Gtvor o. leaving the question rs broad as possible
Itir Di'udlresnne,l his scunent on the CONSTITUTE
DUAL question, which ne eNalnutd w;th no little ability
and ii-enoiy Iie chiefly T-sied us oljrion ofthe
power to Incorporates ea;,S on that section OF the
co'lstntioa which prohibits me states To coin MONEY!
ar isue " hills of credit - which negs,ion ogrower he
arptShsrded implied the existence Of the mower. in
toagsrss fCongreis mad rot power under the con-
stda'on OF the United States to establish Bank or
Banks, nearly all the states had violated th.;r own
STATE constitutions welt AS the constitution o. the u
otates N s'horisnE the circulation Of Dank Not 8
oh e.ill 49,
Nr ID went deeper still into hi. question and coz,
slced viii expressing h.s decided hostility TO the pro
pose! aiDeUlinta,t.
.1r. CroszsysO,' Of NJ : having no dYlt or tho
consutu;ioaai'ty .! Rational Bank iutrcaed gentle
men 70 vote dow; 'hc proposed amendment because
hsopt4d il would hold fscjoes hiess Of the ade.
qatcy 81 bair, without bsarh,s, 70 be established
within this district, which would NJ, more r,iisye the
embarrassment -four finances than vltl,e FIVE aud
ten cer hill5c@1eG by tho corporation Of ts civ aud
SSeuSet =, &c lie soIl vote fer the general prc-
pes'ucn As ior the secGeiarys proposition il was
fen de ard may O. il. features could not nc sanc,i
oaed II this no s..
NJ M.tslirs Of E,e said. that one Of NJ, earliest
convictions pcilicai topics as that this government
20 be established, he clearly opinon 1t ought to
D. on general principles In order to eve the question
fu'i and ample consideration the widest aan lust
ahd general Objects, lie should against the amend
Ioe, without intending in any TO sanction the aea
t.s Consress has the power " to establish National
Bsnk with branches in the several states"
.'4r. CEJion male a number of observations
IN rely to the argument of Mr.. Duyal. The tlu,
lrhepe oconstrucion OF theeonstitution being that all
p1Ess not expressly delegated reserved he con-
tended dat Congress could BY forced construction
GsTve the power to establish National Bank
~ Htlsor Of Pa. preccated his viewsiu favor of
tso resolution and against the amendment on the state
pnent OF facts and reasoning Of the Secretary OF the
Treasury, On this subject which combined, he beey
&C 10 b. conclusive.
st6 Mckee IF AM expressed sir1rze that the oppo
sito to this measure, declared by the Secretary of
the Treasury 10 be necessary, only for the ma,nte
lance but to the restoration Of the public credit pro-
cest.ed from those who had in every other .espect
been the most jealous ard infcxibe III their pursuit
81 measures to sustain the operations oftlc government
lie had doubt of the power of tic government 10
establish National Bank instrument Of finance
and entaed into train of reasoning with his usual aeu-
men, as well to prove this prove ike injury which
hss resulted from the refusal t0 re-cI sTcr the late
Bsuk OF the United States. AS to establishing the
a"k jthin this District, Tor al present practical pur-
poss, it might wei b. established IN Abyssiais-Ie
was decidedly opposed 70 the motion now under con-
sh,eraiioH.
The question on Mr. standford's motion to strike
out the words &c 4sih 6ronchesi IN the secTI ,qtc,'
was decided by Yeas and Nays Ill the Negative as fol-
lows:
For the motion Il
Against it 1888
TheqIeston being stated on ta passage OF the re,o
lltio3--
Mr. Pest Of u: Z. said, nader present impressions
he should vote against it. because the idea it embface
was ~ 9Ne, ara us object inViSctcable 81 tie present
moment 10 shew which he pale number Of reIna,k
gong establish the insuhciency OF s2ch measure -
r,ni,ty the general want of confidence among inJ;y
1ias, well III the banks wlich at present prevail
Ell.
question on the adoption Of the resolution was
decided by the following vote
YEAS e5rs. Alexander, Aston Anderson.
Archer, A' bar7ctt, Bayly ef'g.l Bradley, Brown,
Iuter, J'speton, Caldwell, Calhoun, Cannon, Cl.ap
p@ll, Clark CotasOok, Condirt, Conard Creighton,
Crouch, Chpeper, CutiIiielt, DINA, Davis IF Pen D.
noyeies, Dual Earle, Farr0w, Fmtliey. Fisk of-E y
Grosv-ror, H1son, rr.s, tiasbrouck, iIaWes Hoy
wing, Kent " u ! Kcut # MI Kerr, Ee.saw, Ri
Lnu'ndes, Lgle M'ilee Ai'Kim, n; i.san Nfonteome-
nv, Moore, Markell Oakley, Ormsby, Parker, Pear
son, PicSens, Piper, Rhae If Pen Eich, Robertson,
Sage SEWER Sherwood Shiph, I'd, skinner Smith Ut
M IT, StUa,g, SUfges, Ialpehal TAYLOR, Tc.Eis,
Thompson, Jcrec, WAL Of NJ Webster, Wilson
Of Pen. Wnter, WRIGHT. Yancey-g5
.Nc4YS--Me SIS. Barbour, Bard, Bayes Of .Ihlss
Bowcn, Boyd, Bradbury, Burwell, Champion, Ciley,
ClOpton, CTSW fcIr!, Davenport, Dcsa, Ety. Epp,s f.
vars, Frankli, GloiGot, Glasgow, Gooiwyu, Hale
Jla,l, Hawk Humphreys, Hungcrford, Jeekson Of
II. JackJon VI Va johnson If Va. Kennedy, King Ut
.ifdss. Law, Macon, Mosrley, Nelson, Newton PitSm
PI,ssants, Post, Potter, John Reed VIM. Reed, Rhea
= Tn Einqrold, Il eglcs, Schuremau, Sc,bert,
Slarr, Smith Of Ia Stanford, laG,art, Nosc, Whea.
tor, " ilcox, Wilson II bhis7.-54.
So the resolution agreed to. and this together
with the other resolutions, referred the COM
'niuec Of Ways and aan bring in bills according