The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1834-10-15
[Vol. 25.

~ and individual of the nation the most unqualified
reprobaton. II is of not only to sound the
death kncll of this bank, but to ring through the
land ms n warning against any national bank what
ever IN all time to come. 1t was probably q fore
sight of such abuses, following all others, which
have lately burst upon US, that led Jefferson and
Madison with other names illustrious among U.S. to
object originally To a bank upon any terms and
seems tha, every prudent American must come
To that ms the only source of safety for the future
whatever may have been his former opinons--Its
appalling evils overcome all sense of its benefits.
Disobcdiencc or usurpaton of the law where it may
impair the faith or palsy the movements of the great
body corporate othe State is in effect against
the State The present bank has fallen into this
high transgresson, transgresson which, although
1t has not incurred the legal guilt of those who
showed blue lights in the east to an invading foe,
is fatal in its principle TO the safety of the state
To its very existence.
What shall say of the under another as
pcctl In what language devcopc the dangers
bound up with it Ii of the Bank am still speak
ing, the pretended guardian of property yet has
tins institution done deed, the tendency of which
is, To uproot the securities of all property 1t has
decided claim in its favor by the summary
mode of laying hold of the thing claimed. 1t has
violated the first rule of Justice implanted in mans
nature, that which should forever preclude him from
being Judge in his cause; ; since as he never
can be an impartial one, is not likely that he will
be n righteous one. 1t has aggravated the mpro-
pricty of decision in its favor, by deciding at
the same time against the nation, to which it owes
allegiance and eminent respect, as the guarantees
of social order, but the DEGREES of whose tribunals it
has rudcly torcsaed the uterposltion of whose leg
lslative authority it has indecently contcmncd. All
this it has VIGOROUSLY done. 1t has seized upon
money, not Andrew JdckSons, although hostile
passion toward him may have been the impelling
motive to the deed but belonging to the nation in
its sovereign dignity and ownership and which
never ought to have been touched not q fartbng of
\ it, for this or any other claim, until the established
functionares of the land had, under every required
, form and solemn adjudication, given the warrant
for touching it-In the bold and complicated viola
tons which this implies precedent of insubordn-
f alton has been set by those claiming influence and
sway in the world which, unless the great body of
r the people bc reused to proper estimate of its
It cnormity, will in its ultimate effects, be fatal
is to social order, than any thing perpe,rated within
It, the last few months by any of the mobs of our
TX town, all of them put together The principle of
ir these, however mistaken the means aimed only at
ID checking what were believed to be evils of mis-
At guided ianatacism; but the bank by its conduct
N would loosen the bonds of society in its whole cc-
rs mental structure. Ii would shiver to peces what
Sc alone cement it. 1t SCOTS at the law in DELHI
ID crate resolves trampes upon it a boast: makes
war and grasps temporary victory by spurnng it as
NJ part of SYSTEM and would thus, rs far as the
premedtatcd and deadly doctrine no less than
] example from on high go, substitute in every
It case, force for ITS DEGREES. repeat it-fOrcc -
:. When the King of Prussia marched upon Dresden,
?, he surrounded the exchange with his soldiers Con-
# fning the merchants TO straw beds and naked IA
IS partmcnts he obliged them with his bayonets in
&c view, to draw bills for large their foreign
rs correspondents, and in that replenshed his
= military chest. This force according to the
r, fashion OF armies, but it was not more in SUBJ
er stance and results, not whit more far all
Ic prosraon of law and of constitution are con-
d. cerned, than when the bank taking advantage of its
s. power, seized upon the public revenue of the Uni
4 ted States to satisfy, SECURE its supposed claim
ne for damages under the French bill of exchange
r What have said regard as first truths belong.
rn ing to the case on which you have asked my opin-
TX ions. They lie at the basis of the social state
ne shield man from the rapine of bis fellow man, anC
r. communities from the assaults of violence. Party
Il. feelings may be blind TO them for while, or tech
IL nical ingenuity strive to pervert them but in tho
al end they will be triumphant they are in the
nature immuablc and the institution that has sough
no to undermine them, receive full condemnation
of verdict, in my opinion, earned by its many Illegal
be ties and usurpatons before astoundcd b,
or this one. ii is not only without usliica
be ton, but destitute of all excuse. Sopbisry tscl
is cannot palliac IL. IL is sheer unmitigated outrage
II should rouse the sensbltcs of The patriotic ant
N awaken the reflections of the torpid so as gooC
"a, time TO leave the Bank without single advocate o
p- apologis among dspassionate and well Judging cit
As izcns from extremity of the Union to the other
an What the President and Congress will do under 81
in stupcndous blow at the public rights and dignt
he of this corporation, remains 10 be when the Fl
time shall arrive but something must be done. TIL
ut nation will call for it. Public justice in its most i'm
ty, perious attributes will demand it. The transgres
sion is too unparalleled and far too dangerous in it
md principle, to pass without the utmost rgor of inter
red position that the laws may warrant If this grca
81, -
did lie revenue by banking company that has mad
to war upon the executive department of its govern
to ment, its Liberties already gone it will hence
ak forth be ready submit to any thing which any i,
ide ternal or foreign foe may put upon it, Bank Unfit
mes ence will have become ascendant as to have d