Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-03-08

does not possess the power ofincorporating n Bank
--and thus il we do the President or the Secretary
of the Treasury justice, and examine his reasons
the question Is brought directly before us B,i, as
am not altogether satisfied, with the nronr;civ of
the Sccreary's looking far ahead. or with the
.a :m OF this reason, shall not insist it, but
WIN Jake broader ground Sir, said Mr. r., let us
consider this question in what luh, we may it is az
r ~, "'i "Sp"ie between the President aud the Bank.
ne trends of the Bank so declare, and | do not
NoW 'nat IL rs deniedb the ffends OF the President
Ice, SIR Tue banll AYERS that Gen. Jackson made war
on IL. The President says, the Bank made war on
nm, the Government, and the people. Ii is in
different which began the war. There is war be-
.weeh them. no one, believe. will deny this
Now, sir, we take part in this wur-ir we cease IN
he neutral, and take part with one must we not me-
ceSsdfiy DC against the other? Ii we are ugninst
one must we not he III favor of the other? Is il NOT
shn,i VIC "'tack me enemy of one, that that one
should regard us us friends and RELY on us for mid
,'u Is II not candida and fair, and open i'm us TO tell
"e,', exactly how far we intend to go-to whit ey-
e". lmcy may rely upon us? And would it not be
Wot1"y wrong IN us 10 permit them 10 he deceived?
we KNOW, SIR, this is cXtertninang war; beiiun,
u"eTnec'nnm. The Bank is fighting not only for its
rights, but for its lc-nay more sir for innortnli-
- ior' IL 1t succeeds now, must it not flourish MS
,o"s as we arc nation? Now, sir, it we are IA
'ouiapy disposed TO it, aud interfere i'm this despc
e contest, rs At not as little as the Bank can expect
oi tat we should grant its life That we should
permit 1t to live some 80 or 30 yenrs-a moderate
',io Anu II we do not intend to let il live
m
prepare To die Sir it does seem To me if WE sne,i
VI ,he bank at all, that it is the part of fair dealing
ono c"nuour, not simply not TO deceive H. Lut mol
" 10 ptIhu 10 De deceived Yes, sir if we really
'encVe The Bank TO be Unconstitutional and ,L.S,
sucn Is the sentiment of Virginia we are called nm
v! Jusucs, ruin, honour, and even humanity 10 saw
DISTINCTLY to the Bank, that whilst win her JUS
tee, and secure her rights as far as we can thar tho
opinion of Virginia has not channed-,bn, She hos
n'thng ultimately to expect from us, and that her
days are numbered 1880 ~
MIR. Chairman, said Mr.. p, 1 said that should
very sish'y touch the copstitulionaity of the Bank
VIII not travel over that beaten ground 7 will
not repeat what has been so well urgeJ Lv a., WIN
uehian from Wythe, (Mr. McComnsA and Inv Tho
seu.iem"n who had just taken his seat (sIr Snugh
') hui there was one fact stated Yesterday bv The
80 rom "y'he which was new me, or if
nave seen or heard it mentioned before had for
Soiteh u, winch strikes me being Innns,yerobIo
ana conclusive. He said hat a proposition N o;ye
~ congress the power TO create corporations WAS
eJec'co, because that grant would carry with !, tho
power to establish Bank-a power which ,ha r a,e
Nenuon was not willing to grant; and which If
granted would cause the rejection by the people If
my constitution which the Convention might ndon,
e no uo"ot OF The correctness ofthis statements
7, we aii remember Mr. Jeiicrson's relation of The
conversation between Mr.. Baldwin and Judpe Wi
son OF pennsylvania, in which Mr. Baldwin rem;nd-
ca me Judge that Mr.. Robert Morris proposed in The
sIunu conventions to give Congress n mower to os
tablish National Bank and That The ur, 10 es
was resisted by Gouverneur Morris, who observed
that 1t was extremely doubtful whether the ConS,;'
,u.on would be accepted by the people in any form,
b;i;,v ~ h 5uc feature It could not by any posi-
r,.,y pe adopted Mr.. Jefferson remarks that JUDGE
wilson agreed to the fnct.' 1t is true this nrono
eHion OIL IL. hIorrs is not mentioned either by Yates
IN his Secret Debates, nor does it appear in the
= wiich was published by Congress- and yet
presume no one will doubt the substantial correct
ness OF MIR. Jeherson's statement There NAV he
o'1 niue inaccnracy, error, mistake, i'm the mi
ior ne.S' Dut 1t is essentially correct. Mr. j. has
,l'""e no mistake. The Convention would not listen
10 proposition 10 establish n Bank Althongh M
uiSt'"ct proposition 10 this effect NAV have henn
offered, yet we do know, that the bower to erect
'nirhr"''""' generally, aud various other ~prcinl
powers were proposed and all ofihem were reject;
ca, eNcrIt mar OF giving copy rights authors and
patents To inventors: 4" The general Do,ce,. oc;nc
pordfmg, as MIR. Jefferson observes, "beine yrliJed
, ,,a 70 tae Sea repeat then. Sir, said Mr. P
'""' nave no doubt the Senator from Wythe is
correct, and that his version is the true reaIng NJ
me history OF this matter. Sir, can any man FIR 81
moment heNeve, that every member OF the crond
oo',en"on was ignorant of the advantages of
o"i"s' Caii we believe, that there was no member
IN That body, so lusrious and DISTINGUISHED for ;,s
i'ehs' learning, and diversified requirements who
was nor impressed with the importance of nonl
ana us ut'iiy in facilitating the operations of the
government which they wished TO establish: I'M
possible The subject must have been ,Iouyh, ~
ana frequently Observation-Disclosures, and perhons
liz COMMITTEE hut that il was frequently auito,eJ
no man can doubt who will bear i'm mind that Ro
ItIorn
Nor do think there can be n douIt ;f :, 49,.
Jorhy OF Tie Convention were wilIing 10 nern,,
congress TO exercise this power that either Of those
scnieineh would have suffered n doubt to exis,
WIN regard 10 that power. 1t is an old orour,on,
That, even admitting that the Convention lad ra
Jeccd proposition to establish Bank il did mn,
thehce follow, that il was not the intention oc
thatbody to grant this power to Congress-: for IL
might he an obvious, necessary and a proner
incident to some other power; and the genilc
man from Louisa has not failed TO URGE th;S ,,h
fui force. But this argument does mot on,Jv
10 me statement of the Gicf as nlode no liz
gentleman from Wylhe. Ifanother power was oh
Jecled to, and refused be granted becousc !,
would convey as an incident the power to estnLl;sL
a haiiE' " is impossible te believe, that the same bo
ny Hh'cnded To grant Ills power (of ESTABLISHING q
bahK,] III any form or shape whatever. To my mind
his argument amounts TO perfect demonstration
1t Is conclusive, irresistible unanswerabIe NJ
Chairman, must draw the attention of the commits,
zee TO another argument of the Senator from, \Vvtbe
Which cannot be too much insisted on mean cir.
the utter horror, which the people of that dnv Ind
tor paper money. IT was, sir, Il wise lust o,,d co,
iuary horror. Would to God, that holy horror boI
always possessed The people of this bnppv land
" u JoTnnaoS n'mtum 81 bona sHa nori,,t" THE neo-
pie ot that day, we all know sir had EH and Inc,
the evils OF paper money. j hope the prcsant dc
HeSs may produce tile like knowledge if i, shall Coz,
WIZ not nave purchased II mt too high n price so,
hr, Chairman, the people Of HAT day knew rom
SAD experience, the evils of paper money. The evil
extended throughout The whole community. FTbo
hgii aud the low, the rich and the Door were oIi
ahecied by lis 'oiHeytng influence. The peopIe of
Aine.ica were Oh one mind; they resolved, if