Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1835-03-19
THE MONSTER" BANK ,

last Mondays Democrat:
To The Editors Of The Democrat.
In your paper of the l2th inst | observe H.. t,t
low ny paragraph:
We learn thai the canvass, on Monday las. d,
Campbell Court house, wos warm and an,,.'.d
Aessrs. Coles. Daniel, Clay, and M5sby were mr.,
sent, and addressed the people. The at,rr sen,lc.
man declared himself in favor of the u. S. Bunk"
One Of the EdiIcrs, | believe, WAS present. an,
heard my remarks touching the United States INK
presume he did not write the above p,rayrab. ar
they would have been reported as uttered. fusub.
stance, said this" Ii the question of incorpora
ting u National Bank were now, fer the first lime
faised as an original question, SHOULD he against
II, because, to say the least, would involve the
exercise, by Congress, of doubtful poieer. But
Inasmuch as the first Bank of the United States
was sanctioned and approved by George w hing
ton, and the second The present Bank) by James
Mad son-na smuch as these two institutions du
ring an existence OF more than forty years had re-
ce'ved the sanction of every department Of the Gov
ernment legislative, executive, and u lica-inas.
much as President Jackson himself does not en-
terrain a doubt that Bank of the United Sta,e,
may be soorganized as not o infringe an the reser.
we'd rights of the States" did not a, this dl, con
slider tie constitutional question debsteablc And
whatever might have been my doubts and scrupcs
on It, as an original question, following the exam
pie OF Mr.. Nj son, under these circ1ms ances,
had snrrende'e! hem" What | sad, "halh THIS
ex en-no more"
The inference which may be drawn fro n The a.
1ovc paragraph, that regard the Bank question us
vet alive, Is not warranted by any thing | said
attended 10 sly think with MIR Cambrceng
that the war with the Bank is over" aud with
Mr.. Roanc, th't the "monscr" is 3" dcfunct" !
am privy to no design 10 rcsusci,a,e it-nor do
destrc II. My opinions the Constitutional cues.
ton, as above expressed were publicly avo wed in
speech, al our las: A prl Court and they now
repeated, because, abhoung the noncommiuat prin
siplc, which IS beco ming fashionable, | desire my
ments upon every important political suijec, to
be known, wnoh r it be IN issue before the rcohc
or not. CHARLES L. MOSBY.
March 1914 1885.
REMARKS.
II Mr.. Mosby be " bank m an" because he al
mits the cons,luuonslity Of that institution what is
Gen Jack ,on himself, who expressly asserts tina, it
is constitutional And if Mr. Mosby is to be de-
nounced for his opinions, how can his denuncialors
consistently support Gen. Jackson. who goes even
farther han he does - Tell me, gen lie shepherd"
Mr. Mosby has only quoted one of the numerous
declarations in favor of the " monster,' Which a,e
contained in Gen Jackson's official communica u, ons
to Congress. We beg leave TO subJoin a few 9th
crs.
la his annual m'ssasc Of 1880, the Pteslien
said: Ii becomes US 10 enquire whether II be not
possible 10 secure the advantages afforded by the
present, Bank, through the agency of a Bank Of the
United States, modified in lis prime pies and
structure as TO obviatc the conS'i uonal and other
objections II is Taught praeticaJie 10 o,ganicc
such Bank with the necessary Officers, as"
branch efMe Treasury Department, based on pub
avowa thai tho constitution confcrs the power 10
establish 3 nnk, and an express declaration that
a Bank would BE- advantageous, rs branch of The
TreHSLty Department. scheme which was at
once ,shad into obscuri:y by the ridicalc which ii
provoked. " Monster" as the Bank as al present
organized, is styled, it would indeed have been
most dangerous monster, IT, to the already over
whclmingy corrup,ng Influences Of federal patron
age, it had been re modelled Branch of the
Treasury Departm mt, anl pac ID under Executive
coulIol.
In his Veto Message, IN 1882, ,hr Pres IN, sad
-" Bank of the United States Is in many c.
pecs convenient for the eovernm )" aud, aitc'
stating At length his oh)ec IONS to tn Bank VIII ch
he vetoed he referred to his previous rocomman Ih-
tons thus 81 I'll it ny .tu'y, at an carly psrot
of my Administering to call tue aatentl-n o. = N
gress to the yracijca5HfVof organizing an iasit
:
ttcse oljectoHs obj cc,ng, not 10 3 .ok, but 10
the peculiar provisions of the churter of that which
ne vetoed "A nd again " ii the President
Seen called upon 10 furnish the project for such a"
institution, the duty would have b N cheertny
performed" II. would " chtcrfoliy' have suh;u-
utci his own monsrcr' fo that which Con
preferred The people nay see, from thase tx
tracts, with whaI justice i IS SAID that the PfeaI
len, opposes the Bank ON principle. HI- opposition
10 it is alto gcthcr perSo"al and in orr opinion has
20 reference whatever to the public goo tie could
not rule tic Bank, and he Therefore determined 10
crush IT, and erect another in It's placc-blt, dlscov
ering that his ojious substtue did not meet the ap
probation even of his oa friends, and that the on
ly way of putting down The Bank, was to tax
ground AGAINST not only it, but oil Banks, he then
began to ring the changes upon hard money, and to
!e ture upon the runous effects of the paper and
credit system Profound legislator Candid man
Blu, we deny tina, the Bank has any connection
whatever with the ensuing election. The Bank is
dead Mr. Cambrcleng, lis most bitter enemy mas
so declared on the A 5or of Congress and Nj
Roane of Hanover, the caucus candidate foi Con-
gtcss in that district, tri1mphaniy rc-echoes the
shout Of victory over the PROSTATE enemy II u DE
iefunct, why continue to pierce IT with fresh
wounds Are our valorons FaIstntfs afraid that
"the dead Percy" is councre,ng death. only TO take
advantage of some opportunity TO sruss'e TOT
prolonged exisencel They know better. lis en-
enies daily performing their worse 'hah oac'
chanslian orgies over ITS grave-nnd ever IT'S
friends voluntarily retire from the field, not only ac-
knowledsins that they are vanqu shed, but that
thew have not the slightest intention Of renewing
the conflict. Hear What Mr.. Wcbs,er-the leading
&c ,ko RapL- in