Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-11-11


on Tue legal right OF the Bank is Ls duty TO come for
ward publicly IN defence OF his views contend that
such ANEW oil the question warranted by the woni
o, 'he charter and that the practice OF the government,
disowns IT, Moreover, coniend that the doctrine li
conravenes the legislative power public
anu - wholly subverve Legislative respunsiltv AMI
accountability. deny the existence OF any riehl Ia ih.
nank 10 make controversy with the government about
the deposes OF revrnuc-and regard The ,yhol .xIi
o"u" as party tn"tto accomplish u,, ,ior design
NOW let US take the question pieces and we .lsli
'nen oseoveri's party meeb anismai u we can alter
wards consent 10 lend ourselves to the summit az moi,
ic'sns who. IN utter disrega of con u,o.i o;.c inns
nave thewnihenseiv,s ready move lea,, n and E,r,,
W order 20 have the public feyenue-the people none,
restored 10 The corrupt aud ire sponsble custody %. the
oank: hen We can hnd motives continue the ,,u,n,
uon W eonseniing TO new charter The preston
10 be taken TO pieces is the PAuic-anh This b,in.
10 consideration OF the design Of the Bank in ex
citing II, aud the object Of eei,ain roliueiAns in ,c.
,"g he Bank Panc.-Mr. Clay i, will DO rrneiu.
oe'eu' embraced the ocason ct the veto message Il,
propose 10 the people, as au i,uner.Ls oh,.,,n, =,
he re-els c'ion OF President Jackson Lila die, mine, -,
portion 10 .ie Bank. The speech Of Mr.. Clay in he
senate on that accession. dire sppss 10 IN. uen
10 iavor OF the Bank and az simsi the President, ,neu
We circumstance To shew the fact which las Leen -,
tempted TO be kept out OF ,ew that the Ba,k Ia. been
e" "S an engine oil party, aud IL still be so ued: and
regard Mr. Taylor as participating in the measure
'a "Ss gwen me support TO the claims the Bank
ss party iuaiiahd lac WILL suppose continue IN o s
u i' criticism be not just, Mr. Ia,ior can shew lie IN
Jusce, ana lis author Will cheeiuliy recall it, IN, AZ
iajior has 10 exclusive privilege TO be exempted from,
an.ao'ersion. lien wealth, in the Term OF corporation
.hali have achieved victory over Ire. peonls an,
ofoughi them to bear lie ser'ilo aud CALLING yoke t-n il
may becone the exclusive pryils pc of nuic ,gsn,s a.
be placed above those ineans through which ;,,s, c,;;
cisn holds iursdcion all the acts and oniuons ~
mankind. But that time has arrived nor will ever
miive unless The virtue and intelligence of The ,.o,I
shall uuharpiy TAIL hem, at some great cri,iss,,c =. -
Tie pre'e nl slate of s!i.irs 80
III DIVIDING the panic into IFS separate parts no skin s
required. The Presidents weight with The sai.I,
was Tue trsi object which the Bank designed IN ono
rare mus 10 exercise an inucrce Oh both Hon,es o
@ and place both houses in opposition 10 him. was
A lire
terror design Of recharier This part OF tho pan so
"enus more Than belongs TO a common and or;,,.,
ae"un OIL 'hc Legislature; but the people have NOT re-.
permitted TO look into the dark recess which Lii a.,
evidence oil It's subtle and corruptup policy II.r,
se"'ah'cs have been rebukcd aud treated with uds,,i,v
now, atd by what means, the Bauk has con,,,n1.t'
nJpfiy oil tweniysix in tue Senate, and minor b.,
cianoo Gus phalanx in the House OF Represenu,;ves -
and by what means, lie influence ba, been sv.rcis ~
suPersede The authority OF the Constitution and ,cd,cn
10 contempt aud derision, the instructions Of State
s'ufef' remains YET to be disclosed Some leb h, bs,
rown OH The sujeet. which ouly serves 10 piye t;n,
inea oil the horrors which would be contained in FIJI All
c'rcum'an,iai narrative But the grand and imnos
scene OF tue panic. was exhibited the cities aud tie
r"eu"J"reh country. TO inflane aud excite the pub.
Tic niad--io rouse the people and turn Then, ,,;,,,
Tie government OF thor own choce-to bring ,,e D.
sidcnt oil their choice, like guilty criminal to The hs,
OF The country and IN the midsi of the o,i,ins ,.Iit
eoncnndel The cearest perception not fortified bv mo
a' persuasion OF me existence at Demon the author OF
he whole nschief-to make the people believe th, =,
act oil the Executive in causing little mor. l,,,, -
nhoas oil dollars to bo removed. from one side Of sra
ol null ic
nshcn OF the scheme was designed bling the Lce,sIa
ure under subsection TO the policy of the Rant liz III
aenng Tie public mind aud diving the people into re-.
mohsirances aud memorials Aud, in truth H.. ,owsr -,
The Bank, although competent TO do all !, will
hesn manifested in the mort fearful manner RI, Ill.,
Bahk que sion aud the succession TO the Presi,o,,
been united andike Castor and Poux the aI,y
III The held alongside OF each other MIR CLAW
me question Of e-chsrIer Of the Bank as part question
when he made his remarkable speech on the Mrsssos 81
he i,ss"eh', Veoiug tie bill TO charter,the Bank
aud although the issue then rendered bv The ,Iyoca
'"e pAhk was moot Clearly decided against The new char
"i ana py The most emphatic expression o tIa nutI;.
voice. The Presidents declared opposition TO The
was adopted, and by tie decision OF The peoIe cngr
on his Admins ration; YET tlIa 4, c m ls hoo -.
question: anu denied as authoritative upon the President. no,
ty the Pres.eht for he la. stated his sense Of G
y 20 a' marked decision oil the people against the Bank.
"u 'he 'oA'ion leaders have denied authority i'm ci,
panic sPeeehesand perhaps il ac os Is i,I, The
oil their party 10 make the denial. ''fF
But can you, Fellow citizens with the facts nov no.
,Sre YOU clearly pointing TO the re-cIartcr of the
Dahk as The great end OF all the excitement ,yirJ
has been created in the land-can vom Give ,
co"hdence TO those politicians who tell YOU ,1ey' ~
oPPo'eu 10 ne Bank, when at the time they mskc
s PFeh tights The ground OF their oppoon 10 ~,
AdmnisrAtioD-when they sustain an ins,irntor ,i,,
ia Its origin, aud loaded with crimes which In.kr lie 60
istece ieproach 10 the character of t. co,,,,,, ~
you believe iha, the restoration of tie Drpos San
main olJeet oil those Who have raised so u,ucb cI
against the President? You canno, cr.Ii, No. 'o, ~
you give 10 The aci OF the Executive its sinple aud
Interpretation. 800 p
During The whole time the Coalition orators were r;
10 Congress, the hole amount of rcve,,a ia H. -
ho' exceed seven milionS, dollar of which Co.,.
contemplated 10 be transferred from the B,nt - s
the ordinary way OF public expenditure unless IN.
duct oil Tie Bank should give the provocatiou am,
remoVal ihe duty oil The Executive. The plan oI ia. y
sc"'Ivc, with reference 10 the public re yenue y,s
10 lhe des'gn OF making use OF the State Banks AZ ,Ie do
posOries oil The revenue alter some stimulated Il ~,
IL, that the accruing revenue, should M, La "a'
Tie Bank oil the u. STATES which was rear ia
put That The uture revenue should be denosi,e II, L.
Banks The Secretary OF the Treasury FULLY exn,imed ~,
policy oil the Executive, and urg I'd the ne If
substitute Tor the Bank which was understood r., E
the will oil the people to put down al the end RI IT, w. ~
tered tcrn- Every man, who is disposed TO v,e ,I -
Ieci iupartidlly, must see, Idi time was nm ese,f;
OF lac pohcy-Imo to arrange, digest aid prove the Ca
Ps'y OIL ur S'a'e nNs TO transact the business of the
Treasury Department And every man Who ,,iu ,;I
iof inseli aud look inlo tie nature of the ayriccIi
oheT Interests oI ITO country, will readily perceiy Io
prrposterou' IT is, 10 imagine that removal of L,.
millions Of dollars rom One Bank oul.r Bank. no.
one dollar oil which Withdrawn from citcu,u, ,,
operate the whole circulation OF the Uni,ci
dcrange the whole system oil lrade-Sfill tl,.rs ,..
des % commercial distress ieIt in particular parts nj tic,
country the minds oil men were agitaled and disou.sd
Business was Parayzcd, and general ruin and suuon
iOie'olu ny Tie panic ordOrs.-I should Hint go,
meany o ihe agricultural aud Commercial iur,es, 81
the county, could be convinced that tl,eir ,,os,,
hsd been caused by an act simple and unn,oorn 80
'e one adopted 0y the Executive. H. however now \
PLAIN hSory aud The Bank has not been sbe to lie
ueSPefse gaine-it has covered up toie OF iis ba,..
rom anxious desire 10 keep secret Tie senees f ]
O is purchaseJ paIZAns; but enough ia kron, -, IL
attempt 10 conceal 10 evidence Of more II il 49,. -,
pIsiH, that the basest scheme conceived and nt
executed Tor the purpose oil breaking down tI,,
pie TO revere their sentence Of deail3pronounce m 81
triumphant reelection OF the PRECEDENT WbetlcS H.
Bank formed the desperate plan, or whether IL ,,as 60
eoeeu 10 Tue brain Of rome OF HE apo,isc leaders Of