Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-05-13
Pebs.sTHCAL.
BANK on no bANK !!


the celebrated Speech Madison well
that when Bank Bill Submitted Washington
upon it; he consuked
his Cabinc, upon measured Hcmion great
leader Of the Federal party Bank Jee
strongest Republican party decidedly opposed
it, The following Opinion laid before Cen Wash
iustOu upon that occasion.
In his ANAs he gives systom
pursued by Mr. Hamilton wOn unbesi,atingly styles ga me-
nachist ~ aud thus speaks the Bank:
WE'LL 20 must no understood that nothing like ma
loy ~ congress had yielded TO this corruption Far from it,
mes, part Of that body between tho v",cS sveJ nnh,ca %
Federal being principle adhered to m
~ o. eohS' as c eIuor IN at pneIple END this
Houses: action Of the LcgisIsrro wac now Un
der the direction of the Treasury Still the machine
would DO wou% e s. viii b u"q o. Is h
had enrched and some engine of influence mor
permanent must 90 conred while these myrmdons
Of the United States A bS Si s engine was the Bank
thing about While Goyonmea, at philadelphia
selection OF members OF both Houses constantly
VINO; on every q1a0" Interesting to Ina, institution to tho
gehe sockhoing members could always msh. tho Fo
deIu vote that Of tho majority by chs combination Legislative
expeditions wore given 10 The CONSTITUTION and all the admnstra
And this nanoee Se were moi n h "nS 80 piTn
the precincts of the Washington Hcre then
ground OF the opposition which made to tho of ndmn
pendent of The Executive esn The NEUTRALITY-SUSPICIOUS. a
csn forms aud principles and no, permit the Coniuon 10 he
monarchy warped practice oo oil the
P'ncip's ana po'u'Ons Q. 'ne a'oi,e hnsh'h model"
And yet Tits Institution which has grown up from 10 to IS
millions of Capital; with all the appliances power
and corruption proportions that Mr. Clay the Of
Bank, and now its wame advoc has the egrogou folly call
"Whig Bank" Wing Bank Yes-for such his rage 10
excitement the county, keep up
to cant about nick and to classify oa
according unreasonable distinctions aud to cal. the pro
JyHig Bank"-and to admit that it is in fact
political party some remarks he Addressed
N Tho ss.no,o On rb,,sdav ,,ooL AZ, a.. -, g.,
ma from Tennessee mr. cnIr, had alluded
o0oion. - co or a. nj 3,.. -, 1 o,se " "
no., ,na,nro 40 I;,., aI ..,; So %, F ~
d he 800 LII, 80 , - ' "e0os,y % na"S'
""' ' " ,ea'V"'0 P0''e"V 10 Judge OF inc snhc'en-
rSu 49,, - ,s"e ~ ss. " vas OrF =" '"o pa"N an
" 81 % "1 war resulted In tho esa-
'',n"'en' OF '"e present WHO BANK y
nation MIR Jefferson did hesitate the Bank party,
those who have sought Federal
idly attempting tables upon State Rights
opponents of Consolidation. Wing Bank"-ost fell
dea ustrious Jefferson have said
such gross absurdity Let INV man
judge who will read over tho following Opinions
GARNET OpINJoN OE AID JDCSr~rpco.-
Tha Rim for os,ah,;shoa NJ 49, d. LhsoN.
among other things
IL form ,be snb. crhors i,,o =, oo.,o..,;
2 To enable them in their co,norai a cansc;,os Il, 90
ceiye grants of land: and so far is againl, h =,
MARKHAM e'' "' awe VI
g. To make alien subscribers canable Of bo,Do lamb.
and so far is aq,inst the laws Of af;en0ee '"'''
A. To transmit these lands on The deaIb of oron;.,
TO certain line of successors: and so far chances M,
course of Descents ~
g. To puthe lands out of the reach Of forfeiture or
cheat: and so far is against the laws of Fo<efy, ,nd
Escheat ''
g. To transmit persona chaieIs n successors IN o.,o
line; and SC far is against The laws Of D;sfyjbon
T. To Give them the sole and OK elusive ,iobt "a hL
inc unde, The national anboiv. j 80 e. 's'' VI oa.s
laws of 1Tonpooly ~
g. To communicate 10 then, n mower n ,os,,o Lame -,
ranoun To the laws of The Statps for 40 ,hev ,,s, h
construed 10 protect the institution from the co1,ro IF H.
State Legislatures: and So probably tbev will he con
strued O'
consider the foundation of the Constitution as Ia;I an
this ground that M powers NOT delegated to the nl,sd
States by the Constitution nor prohibited bv II ~ Tho
States are reserved to the States or to The PeopIe
(TweItb smendmentN 10 take a single ster ho,,tI a.
boundaries thus specially drawn around lie movers i
Congress- is to TEX pose.sion nj boundIess Ia ~
err no longer susceptible OF anv detinljon - F
The incarceration of bank and ,be nowers oss,mo,
BY this BILL have not in my opinion beer IN dc
u States by the Constitution
T. They are not among the powers speciaIv eeuper,t
ed. For these are,
power 10 Law tares for the .urpose Of oav;no "a
debts of the United States Buf no debt ia psd he ,Lis
BILL nor any tax laid Were bill 10 raise nonev lie
orignaton in the Senate would condemn IL bv tbe Can't.
tuition.
g. To sborroy money! But this hill neither borrors
money nor insures the borrowing il The pronrstors oI
the bank will be Just as free az any other money hoIers
TO lend or not to lend their money TO the public The
ration proposed the BILL first 10 lend them two millions
and then borrow them back 40 cannot change te ,a
ure OF the latter act, which will still be payment and
not loan, call It by what name you,'pIesse
g. TO regulate commerce with foreign nations and
among the States and with the Indian tribes To erect
bank and TO regulate commerce are vefy different ac,s
He who bank, creates stbec Of commerce. in
dollar out OF the mines. Yet neither Of these persons
regulates commerce thereby To make a thing ,y,;rh
NAV he boueht acJ cold is -, 60 as,Sb ,rs "n'Sn