Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1832-07-27


that the road to success through the ballot boxes at
the Presidential election. The object OF this debate is
then known, confessed, declared, ovowed The Blnk
In the field; enlisted for the war; battefing ran-the
edtapmia, not Of the Romans, but OF the N~onal Re
pubeans' not TO beat down the walls OF hostile cities but
TO beat down the citadel OF American liberty; to batter
down the rights of the people, 10 destroy Hero ohd Pa
trio to command the elections and 10 eleeta Bdnk Pre-
sident by dnt OF Bank poooer.
The Bank is in The fed (>aid Mr.. b. comba,ant.
and fearful aud Tremendous in the Presidential cleo
eud of the repubc-The forms of election may be
permitted while the forms OF the consular cleo
ton. were permitted in Rome during tho last wears of
the republic, but it will be for while only. The Presi-
dent OF the Bank aud the President of the United States,
will be cousins, aud cousins in the royal THE word.
They VIII elect each other. They will elect their
successors; tey viii transmit their thrones to their de-
scenlanis and that by legislative construction The great
Napoleon was deceed TO be hereditary emperor by virtue
OF the 22d "cle of the Constitution OF the Republic.
The Conservative Senate aud the rribuutial Assembly
made him emperor by constructions and the con,truc
,oh winch was put upon NE ZZd dricle oil the French
Constitution Of The year VIII, may be easily placed
upon he general welfare clause in the Constitution OF
these United States.
The Bank is in the field, and the IYest,-.he GREAT
w EST - the selected theatre OF her operations There
her terrOS her cducon her energies her rewards and
her punishments, to be directed. The Senator from
Massac scus opened Yesterday with picture the ruin
IN The West II The Bank were not r.charteIed and the
Senator from KeniWcky, Mr.. Clay, wound up with a re.
touch Of the picture day. with clocness OF coin
cdcucc which showed ha this part of the battle ground
had been reviewed IN company by the generals
and duplicate Senators Both hat West is TO
be ruined the Bank be 10, r-chartered and
II cannot be- unles the ue0 President himself ueioed
This certainly candid. But the geneman's candor did
not stop there They went TO show te D,oduS opdn-
dij TO show how the ruin would be wOrAcd,--how the
country would be devaSaied,-n Jackson not put
down, and the bank echarcred. The way was this: The
west owes 30 millions Of dollars The Bank the Bank will
"eDUr ""hlh TWO years after Its charter
pres; there will he no money in the country pay the
Judgments all property will be sold auction; the price
oil an property wh a even the growing crops quite up
to Boons Lick, will sink value lose half their price,
hiss The picture ofruin drawn by the Senator from
Massachusetts,; these the words of u0ice now pleading
The cause OF the West the of which
voice never happened to be heard in favor the West
during The late war, when her bleeding under
the British and the Indians, and jackson was periin life
and fortune to and redeem her
This Is to be the punishment of the West il she votes for
jackson; and by plain and natural inference She is to
other Thirty millions is The Bank debt in The west and
these thirty millions they threaten collect by wr of
execution Jackson is reelected; if he be not elected
and somebody else be elected then hcv promise m orc
payments shall be eX0ctedhardy any payment at all
The 30 millions is pretended viii almost be forgiven;
and thus bride OF 80 millions deceituy offered Tor the
western vote with threat of punishment, if it be not
taken! But the West and especially the State of Ohio
aware that Mr. Clay does not the Bank power in ex
tending chaiitcscoerciOn is his mode OF appcaI-and
when PRESIDENT Clay and President Bddc have obtained
their double sway all these fair promises will be forgotten
Mr. b. had read in the Roman history OF the empire be-
ing pd up 10 sale; he had read OF victorious generals
turning from AsiaIic conquess and loaded with oriental
spoil bidding in the market for the Consulship and pur
Shasng her elections with the wealth OF conquered king
doms; but he had never expected witness bid for the
Presidency in this young and free republic He thought
he lived too eary,too the birth of the republc-
while every thing was yet too young and innoccnt-o
the American Presidency put up at auction But he
affirmed this to he the case now. and called ,ron ,
Senator and every auditor, who had heard the Senator
from Massachusetts the day before the Senator from
kentucky on that day 10 put any other constructions i'll
they could, upon tins seductive offer the west of indie
hne accommodation for 30 millions of debt if she would
vote Tor one gentleman, and the threat erciless cx
action oil tl~'t debt, II she voted for another?
Mr. b. demanded how the West came 10 be selected bv
these two Senators the theatre for tho operation of ali
the elrors and seducons Of the Bank deb, Did other
part oil me country owe money to the Bank: Yes
tanly; 10 millions in the South, and % millions north of
the Potomac Why then the North and the
south included IN the ianced fate of the West? Simply
because the Presidential election could not be affected NV
the Bank debt in those quarters The South was revo-
caoy hNed ana me terror or seduction, OF the payment,
or nonPaymcn OF her Bank debt, would operate nothing
there. The North owed but little, compared TO its means
OF payment, aud the Presidential election turn upon
other points in that region The bank debt the rgu-
ment for the Wc and the Bank and the orators had work
ed hand in hand, produce, and to use this areunent-
Mr. b. then affirmed that the debt had been created for
the UerY purpose TO which 1t was applied cleo
ference TO authentic documents.
First lie took the total Bank dcbt il existed when
President Jackson first brought the Bank charter before
the view OF Congress in December 1929 and Showed
TO be $iO260OO then he took the total debt il stood
at present being $7oi2sO0O; aud thus Showed an in
of 80 millions in the short space of two wears and
Jour months This great increase had occurred since the
President had delivered opinions against the Bank and
when as prudent, and aw-abidng institution, it ought
to have been reducing and curtaing business or at all
events, keeping il stationary H then showed the ann
al progress OF iis increase, to demonstrate that the
crease was faster and iaser the charter drew
and nearer to its termination, and the question of its re-
ncwa pressed closer and closer upon the people lie
showed that the increase the first year after the message
OF 1929 was four millions and quarter in the second
year. which last year, about nineteen millions TO wit
from 1000, TO 63 026 i52 and the increase in the
four irst months oi the present year nearly five mill
lions, being at the rate OF about million quarter
month since the Bank had applied for renewal of her
charter After having Shewn this ease i'm the
sum total OF the debt, Mr.. b. to shew tchere
il bad taken place; and this he proved chiefly i'm the
WeSt, and not merely in the West but principally in
those parts OF the West in which the Presidential election
was held to be most doubtful and critical
lie began with the State Of louisiana and showed that
the increase there since the delivery of the message of
$4,000 S3S; that in Ohio 5000 POI. Here was an
increase OF 10 millions in three critical and doubtful States
And in others Having shewn this enormous in.
Of debt in the West Mr. b. on to shcv from
the line aud circumstances, and subsequent events that
they created Tor political purpose, and had already
been used by Ike Bank with that view. Hc then REQUIRED
20 the and twenty circulars, wrs Of execution as
nc called them, issued against the South and West in
January and February last ordering curtaments of all
debts and The supply Of requirements the Northeast
tic showed that ie gued by Bank issli-
ing the orders Of curtdlucG false; that she
deprived OF public depJsics she asserted; she then
had ~ millions and unw has ~ millions OF these dcposcs;
that she not in distress for money, she asserted
she then increasing IA, loans u other quarters the
rate OF million dud quarter month"; and had actually
increased them 10 millions and half from The date of
the first orderof cnranent, in October 1881 10 the
end Of Nay 1892 Her then assigned Tor cur.
taiug at the Western branches false, UNANIMOUSLY
iose, aud proved TO be so by her The
true reasons were pOliuc; toretasto and prelude to