The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1836-04-22

We submit II to the reader II we are un-
charitable in these deductions We aver
solcmnly ,aat We do not mean TO be so.
We can place no other construction on the
refusal Of the House 10 institute the enqul'
nv desired by Mr.. Wise. Why should Il
hare done so 1t has ample time, for the
whole year IS before II. No subject is
more immediately urgent, and hardly one
of paramount interest. Yet i, three reius-
ed An unprecedented thing, considering
the importance of the subject,
With one thing the People may lay their
accountable loss, total aud lrreyocable, Of
large portions Of the Public Revenue. Even
If honest, as We presume they are, many OF
the % Banks which have been favored with
the keeping of 1000 900 Of dollars, could
not replace II. 1t loaned out 10 thousands
and tens Of thousands for their benefit
On Wednesday, Mr.. Calhoun made the
following remarkable observations IN the
Senate:
Nh Calhoun gave a description fthe present
melancholy and threatening condition OF the mo
ncy affairs OF the country. Tie ascTbed IN great
degree the immense amount OF banking capital
and paper money atioat, 10 The removal OF he de
posites, the downfall OF the Bank OF the United
States, and especially to the immense amount OF
surplus in the DepOsite Banks, which Is regarded
by them as permanent capital, and made The basis
OF a vast amount o. papfr. Mr. I. also remarked
on the total Ices TO the country oil the interest on Inc
surplus, amounting 10 nearly two millions an
nually and on the danger that the money would
never b- recovered lie saic he believed i could
no, now be suied Tor twenty per cent. The pub
lie lands al,p passing rapidly INTO the hands OF
spectators. by employing the public money on
san over and over again an indefinite number OF
times Mr. c. expressed has astonishment that
Senators could looh calmly on, and see the coun-
try plugging into the gulf that is open before II.
He regarded general crash IN It's financial con
Germs as wholly Inevitable unless specify preYen'
ted and be emphaucally appealed 10 gentlemen
10 provide some remedy Tor the evils and dangers
which a.e evident 10 all"
THIS is the voice OF Patriotism but how
will 1t be needed The People will be told
that Mr. Calhoun is a Nuihfer, and no Jack.
son man They will be admoulshed TO lis-
ten 10 Benton aud Whtuey.-RIch. Wig
Mr.. Leigh, OF Virginia, addressed the
Senate on Monday and yesterday, IN oppo-
stlon to the EEpunsing resolution. The
Senate was crowded on both days with an
auditory whose attention was rlyeted during
the whole time, and the speech IS the theme
Of general admiration. We presume Nh
Leigh never exeried his eminent abilities
more happily or more successfully, and the
Senate, We are conhient, has rarely listen.
ed to a more mastery, eloquent, and Inum.
plant tram of reasoning. lie tore down
and scattered 10 the winds the whole tissue
Of arguments aud alleged prcccdents by
which II is yataly attempted to sustain the
proposition for mutlatlng the Journal OF the
Senate and no, Only established, clearly and
lndlsputably, the luylolabllty OF that record,
bot indicated beyond all cayIl the perfect
competency Of the Senate 10 pass the reso.
luton touching the conduct OF the ENecu'
tive, which II IS now proposed TO c1Punge
from the Iourna.-Nat Int.