Delaware gazette and American watchman. [volume] (Wilmington, Del.) 1828-1837, 1832-07-13

scc ue surrender oil the right 10 revenue from I'M
ports and EXPORTS draw all the money necessary for the sup
port OF their governments and the maintenance of their indie
hdence There IS no more appropriate subject Of taxation
than banks banking and bank Stocks and which the
states ought more pertinaciousy to cling.
IL cannot be necessary TO the character Of the bank s
a agent OF the government that its private business should
be exempted from that taxation which all the State banks
arc tables nor can conceive it proper that the substantive
ana most essential reserved by the States shall be thus
aiacked and annhiated of executing the powers
delegated to the general government 1t may be safely
med that none of those sages who had agency in forming
or adopting constitution imagined that any portion Of
inc taxing power of the States not prohibited TO them de-
gaed to Congress- was to be swept away and annhated
means of executing certain powers delegated Congress-
our power over means is absolute that the Supreme
court VIII not call in question the consutonay of act
oil Congress- the subject of which is prohibited and is
really calculated to effect Of the objects entrusted the
government although, in the before me- it takes
away powers expressly granted Congress- and rights
puousy reserved the States becomes proceed in
our Legislation with the utmost caution. Though directly
our own and the rights Of the States may indirectly
egisaed away in the of execute substantive
powers We may not enact that Congress shall not have the
power of exclusive Legislation the District of Columbia
but we may pledge the faith of the United States that as
OF executing other powers shall not be exercised for
twenty years forever We may pass act prohibiting
the States to tax the banking business carried on within their
UNITS but we may, means of executing powers
other Objects place that business in the hands of our agents.
and then declare exempt from State taxation in their hands,
Thus may our powers and the rights of the States which
cannot directly curta invade, be FILTERED away and
tngshed in the of employed by TO execute
other powers That Bank of the United States competent to
all the duties which may be required by the Government
might be organized not to infringe own delegated
powers reserved rights of the States do entertain
doubt Had the Executive been called upon furnish the
project OF such institution the duty would have been cheer
uy performed In the absence of such call obviously
proper that he should Confne himself pointing those
prominent features in the act presented which, in his opinion
make incompatible with the Constitution and sound policy
general discussion will take place, elciting light
and settling important principles land Congress- elected
IN the midst of such discussion and furnishing equal repre-
senalon Of the people, according the last census will bear
fbp af
bring tins important question to satisfactory result
Under such circumstances the Bank forward and
asks renewal OF its charter for term of fifteen years. upon
conditions which not only operate gratuy TO the stock
holders OF many millions Of dollars but will sanction any
buses, and lcgaize any entertainments
Suspicious entertained and charges made of gross
abuse and violation of its charter. An investigation unwl
ngy conceded and restricted in time necessarily to
make it incomplete and unsatisfactory, dscoses enough
excite suspicion and alarm.
In the practices of the principal Bank partially unveiled
the absence ofmporant Witnesses and numerous charges
confidently made and yet wholly uninycsgated there
enough to induce majority Of the committee of investigation
committee which selected from the able and hon
orable members of the House of Representatives
mend suspension of further action upon the BILL and pro-
secuon OF the enquiry As the charter had yet four
rum and as renewal not necessary to the
ul prosecution of its business have been expected
that the Bank ITSELF conscious Of its purity and proud of its
character would have withdrawn its application for the pre-
sent and demanded the scrutiny into an its
tons In their declining do there be add
ona why the nctionaries of the government should
proceed with less haste and more caution in the renewal oher
monopoly.
The Bank is proessedy established an agent of the Ex
ecutve branches of the Government and its constuonay
Is maintained that ground Neither upon the proprety of
present action upon the provisions of this the Ex
ecuve consulted 1t has had opportunity to say that
neither needs nor wants agent clothed with such powers
and favored by such exemptions There nothing in its L.
gtmao functions which make necessary proper What
ever interest influence W. public or private has given
birth TO this act cannot be found either in the wishes
cessties of the Executive Department. by which present
ton deemed premature and the powers conferred upon its
not only unnecessary but dangerous TO the
and country.
II is to be regretted that the rich and powerful too often bend
the acts of government TO their selfish purposes3 Distinctions
IN society will always exist under every just government E.
quality of talents of education of wealth. cannot be produ
ced by human institutions. In the full enoyments of the gifts
OF Heaven, and the fruits of superior industry economy and
virtue every equally entitled to protection by law. But
when the laws undertake add these natural and Just ad
vantages, artificial distinctions to grant titles, gatues and
exclusive privileges 70 make the rich richer and the potent
more powerful the humble members of society," the farmers
mechanics and aborers who have neither the time the
means of securing like favors to themselves have right
complain of the injustice of their government.
There are no necessary evils in Its evils exist
only in its abuses If it would conne itself equal proec-
on and Heaven does its rains shower its vors alike
the high and the low, the rich and the poor it would be
unqualified blessing. In the before me- there be
wide and unnecessary departure from these Just principles
Nor is government to be maintained Union preser
we'd by nvasions oil rights and powers Of the several States
In thus attempting to make general strong
make it weak Its strength consists in leaving nd
viduas and States much possible, to themseyes-n
in its control but in its protection not in binding the states
more closely 10 the CENTRE but leaving each TO uob
structed in its proper orbit
Experience should teach us wisdom Most of the difficult
ties our Government encounters and most ofhe dangers
which mpend over Union, have sprung from abandon
ment of the legitimate objects of Government by national
legislation and the adoption of such principles embo
died in this act Many rich have been content
with equal protection and equal benefits but have besougt
to make them richer by act of Congress- By attempting
crafty their DESIRES have in the results OF legislation
arrayed section against section interest against interest," and
man against man. fearful commotion which threatens
shake the foundations of our Union 1t is time to pause in
career to review principles and if possible revive
that devoted patriotism and spirit of compromise, which dis
ngush the sages ofthe revolution and the fathers of u
nion five cannot at once in justice to interests vested
der nprovent legislation; make government what it
ought be- at least take stand against all grants
of monopoes and exclusive privileges against any prostu
ton of our Government the advancement of the few the
expense of the many and in favour of compromise and gradu
al reform code Of laws and system political economy
have done my duty my country If sustained by my
eowcitzens,I shall be grateful and happy if not shall
find in the motives which mpel me ample grounds for
tentment and peace In the difficulties which surround us,
and the dangers which threaten institutions there
for neither dsmay alarm For relief and deveranc let
firmly rely that kind Providence, which sure watch