Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1833-12-26
fONDAY. DECEMBER %. 1888
UNITED STATES BANK.

We have been struck by the ability with whic
the following article, from the National Gazette
pourtrays the importance Of separating the vari
gu. questions relative to the United States Bank
from political, or rather party, con sderatious
There is much involved in the questions tina
the Of the people do not see, and that part
sans will not see If all, whose aid is required I,
crush the Bank and sustain the Executive in tram
ping upon laws, contracts, treaties and whatsoe
yer else shall oppose the dictate of excited maig
nifty, could pry into the future and see the conse
quences that must follow, we believe the natio,
would not be willing to give authority to tn,
President to spurn the power of co-ordinat.
moreover the nations s,cord and the nation
purse to sustain his usurpation.
From the National Gazette of December 10.
We have allotted considerable por.
ton of our paper Of this morning to an
important and able Report from the
Bank ofthe United States. The length
fthe document will not deter any pa.
triotic citizen from carefully perusing
the whole Of it. There is no super.
fluffy Of words; no idle defamation;
the mass consists of material facts and
necessary reasoniDgs which it imports
every American to learn and under
stand in connexion with our public an
nals and the financial interests of our
whole Union. In this full exposition,
the historical detail is highly curious
and instructive, and the general argu.
ment, whether as mere defence or de-
monstration of right and usefulness,
complete and decisive. No point has
been left untouched which could be
deemed essential or significant; the re.
ply is sufficient, not only for the docu-
ments to which it is directly made, but
in regard to the passages of the Presi-
dents Message which affect the Bank,
and the more comprehensive sophistry,
prevarication and obloquy Of Mr.. Ia
ney's Report. A temperate, decorous
tone, moreover, is observed throughout;
and this may be mentioned as a posi-
tive merit, when we consider how the
President and directors of the Bank
have been reviled in the official journal
and state papers of the Executive, with
what imputations, invectives, and con-
tumelies, such that if they could be sup
posed to be in any degree just and pro-
per, would shew a case amount
ing to a dreadful prodigy,-the con-
versation of number of men before
classed with the most honorable and
eminent Of our country, into monsters
guilty Of the worst malversation, bn-
berry and falsehood,-of the most hei-
nous offences against the people and
the whole government; peculators OF
the national funds, corruptors of the
press and Congress, calumniators Of the
President, and so forth. In this de.
scription we do not exaggerate the
black and satanical SANDER which has
been unremittingly lavished, for the
two or three J ears past, on the board oil
the Bank and the chief friends or advo.
Gates of the institution. 1t would be
scarcely too much to say that history
affords no parallel for the scheme Of
selfish aggression and rancorous defa.
nation, to which they have been sub
jected.
The People have now a concern II
the case of the Bank beyond the redres:
ofmalignant and severe injury and i'm
date financial evils, or even the ulti
mate preservation of sound currency
the outrages of which it is the immedi
ate object reach the constitution of thu
Union and our republican polity. |
involves the questions whether law
and charters be available-whethe
Congress be of any real authority AM
Observation-Disclosures shall
possess unlimited control over the act
ofCongress and the entire revenue o
the general governmental short
whether the prejudices, passions AM
mere volition of an individual shall pre-
dominate over all constitutional power
and rights. The doctrines and mea
sures Of the Executive department
which the purpose of DESTROYING tn
Bank has occasioned, have berotte
problems and dangers that are vital fo
our whole political and social svsten
they render Southern notification an
the mere party divisions but secondar
and collateral. If the President ma
trample with impunity on the Constitr
ton, and while conlederacy to mai
him absolute in fact md theory reigl
at Washington, it is of little cons
quence to repeal or retain the Fore
Bill or pronounce upon any state-pr
tensions, State-rights may we'll be pos
poned or overlooked, when it remail
TO be determined whether any rigt