Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1837-06-22

u.eening q Tie Coasfiiutien, esd. subsequently, |
the GessPsAsnt has ths right % rssrsss haak |
aIossl. HERR ice, mid Mr.. e., ths raj sonslI-
iuiioesl q',rs,ioa; Has the Governmeas . righs
10 reeeite hnnk aofss OF uot' Tie qasstioa u
net upon he nsro power OF lncorporufinR q
baAk. - " has BEN eommoaly argued, thoegh
sven In tlat view. thrrs would Be ~ rr~st : eoa-
.ii'u'ioasl ehi-stioa 70 any sst the part of the
Exsealive. OF sny other brsneh Of the Govern
ment. which should unite any sssocIsiica q Siaie
banks Toto oae . sem. ~ the means of givinx
the uniformity and stability 20 the earrensy
which the Consiitsiioa iatsuds 90 eonfrr. The
very Get al - sssoeisting OF ioeorporuainK them
into one. BY whatever name called, or By What
ever Department performed. would be IN Gaet an
act OF iaeorporstioa.
Bet. said Mr.. csihoun, my esj-ss, % have
Sisted. 10 aos 10 discuss the constitutional qa<s-
tions, sor 90 drirsmise whether the B.nk Be
enas,stnticsal NJ not. II ". ] rspr.i, 20 show
vhrrr the difficulty lies, difiealty which
have fr't from the time Grsi sssne inio the pnh-
is services. foasd thea. 80 ROW. the currency
of the eeaairy ssssissiag slmoss entirely Of bank
neies. found ths Government ib,ia,siely eoa-
eretrd with the % s,rras rsvsiyiag bank notes in
". dues. aud paying ,hssS s~sy aader iis aypro-
pFisiiuas. - s-sh. he fact vas beyond nv eoa-
'roi; tteKisisd long ksfore my time, snd vithou,
my agrneys aud wss eompsilrd to aei on the
faSt - u rxixtrd, without desidaK on the maay
Questions uhiehI have suggested. ~ eoaaseted
With this safjvsr, end On many Of which ! have
Revrr yet formed dranite opinisn. No ONE
can pay le,s r~Esri 20 prreedent than do, act
INK hare in my representative sad deliheruii,e
character. oa lrgsi or constitutional qucsiloas,
bgi ,sye fril from the beginning the faIl force
OF tbs distinetion s~NsiblS taken BY the Sras-
tor from NirSinis. (Ar. LeiKhl bet1eea doing
ssd uRdniag sst, aud vhieh he 90 strongly II.
lassr.trd iR the case Of the parslsss of Louisi-
ana. The soasiitusioaslity of thai act was doabi-
cd by nam 81 the time. ssd snoag oihers by
lie author hisas-if, yet ne would be eonsid-rrd
msdnsn vhs. eoming Into poiitieai life, n this
IHtc period, would aoW erriosaly take an the
question 81 the eoasiitutioaalty Of the l,nrShase
aud. eomiug 20 the eonrIusioa thai Il uss nosoa-
a'utionsi. should propose 20 rcseisd the Get aud
S1Sei from the uniOa Two hourishing Stsles, end
gr0ting territoFyg nor vouid Il be an set Il
much ,ess usdarss thos 20 trest the question: Of
the enrrsneys snd undertake To 1uppress n. ava.
TEN OF bahk eircui=iion. Which has been eros log
up trum the begishiRk Of the Goxrrameat, which
he's penetrated iato and connected iarlf With
every bTaoSh of busipsss SOL every departn-s.t
81 The GoSrrument. GA the ground that the Co..
Sai,ntloa Intended . specie sirsalsiiou, or Who
souia tresi the constitutional qacsiioa - one 10
be taken up ~ saSvo, aid decided ullun siemrnt-
afy principles, without rSferenec TO the imps-
rlOis state 0f faeta-
Bot ~ raising the question, whether my
friends Of The Stale right party can consist
emily vote Tor the measures which have sra-
geateds J rest noa 90 tie ground that their
cOnshtuiioaal optnioa In references 70 the
Bank, " erronsous. ! assume their opinion
TO be correct place the argument, not on
The eoustitotiOnality OF uhconsiitutionalIty
but on wholly dsHerehI ground. Iay Il
down. a. On ineOntrovsrtihle principle, thai adj
hitting an sct % be unconstitutional, but Of
such nature that Il cannot he reVersed al once,
or at least without Involving suea gross JUS
tiee TO individuals and dsiress 10 The eommu-
ntiy that Il cannot Be justified, Ne may, under
such circumstances, vote for lie temporary
eontinuanco-for undoiRg gradually, a. the
only practicable mode Of terminating IL, co.,
sisienIly With the strictest constitutional OBJ
jOclion. The act Of The last Session, adi,,st.
ING the tariff. furnishes an apt nlusiraIiou.
All OF Us bs.feved that measure 90 be uoeon-
s.itutional and oppressive. yet we vosei for
the act without suPPoaIng that sc violated
Inc constitution Ia 80 doing although Il al
lowed upwards Of eight years for ths termi.
nation 0f the sy,t0m. on the ground that 10 re-
VerSs Il at once, would spread desolaiian and
ruin over large PoTiioH Of the eouatry. n
ssk that the principle in that case be applied
20 this u u equally ~ impossible 10 lerml-
nate. suddenly, the present system Of paper
currency. without spreading y desolsfion sill
wider and deeper over the face Of he coun-
try. Ifh can he reversed AZ aiI-R we can
ever return 10 4 metallic eurFeney, IL must
he BY gradalily uRdoinE what VIC have doe
and 10 tolerate Ih- -ystsm bile the process. u
goink on Thus. the measure ~hioh have
suggested, prOposes, for the y, rid of twelve
YEAR. to be followed up by y similar process.
~ far AZ a slew mud cautious experience sh,li
prove We Eaay %. coHsisientit with the rublir
Io'ercst, even % its eotiFo rrSers,I. IL exuc
risnce shall prove We NAV 40 50 far. which.
however, must ear. I, f,,r one do not antici-
pstei but the effort, IL Il should be hone.,,y
commenced and pursued, wo,.ld present
case every cay parallel 10 the instance Of the
tarFit 10 which have already referred %
fsriher, and ssk the Question can YOU. coa.
sistenily with your ohIisaiian II the COrs,i,v-
ton. refuse 10 vote Tor nessnre, " intended.
IN good faith. 10 effect the object already Ala
ted Would not a refusal "a vote Tor the on
" means Of tsFminslIng q, consistently with
justice. snd without involving the horror Of
revolution. Amount N fact, and In al i,s mac
Heal consequence 10 . Vots "a prFpeitste
STATE c! things which all must acknowiedEe 10
D. eminentIy unconstitutional and hisbfV dan
gsrOus 90 the liberty Of the country,
But kuo~ that Il will be objected, that the
Constitution ought 20 be amended, and the
power conferred IN express terms feel the
i,ii force Of Che objection. hold the poai-
ton u be sound, that, when constitutional
question has bean agitated, involving the nov.
ers Of the Government, which expsyienes
shall prove cannot BE- settled By reason. ~ a
ne case Of the Bark question, those who
claim The power ought 10 abandon u, OF OBJ
tain sn exPFsSs grant By an smsbdmant Of
The Constitution; and yet, even with this la
Pressiou, would q ihs present time, feel
much, " not insupsFahle objection, 20 vote
Iog On amendment, till su effnrt shall b fair
y made, IN order 70 ascsrtain 70 what exisus
'he poser might Be diapensed With, as have
proposed.
hold e sound PFioeipls. that no more
power should b. conferred upon he Gsnsrnl
Government, than 10 ipdispsnsabls; sud n sr- |
Perisnes shall prove that the power Of hank- |
ing Il Indispensable, as believe Il 10 Be. IN |
TIE Actuai condition ~ the caFrsnsy u this I
country End of she work generally. I should |
even then think. that shatevcr power ought
% Be Eisen, should be given aiih such FssiFlo- /
uona ed limiiatioaa 81 void limii n Gho /
Smallest amount nsessssFy, and guard 4 with 1
Ne uiFnosi care againai sbsss. A. b. With 4
out farther enpsfience Hs ere 81 q loss % 81 I
trrmIpg hou sitis o. hoa nueh sM b. - ,
CURED, % correct diseeso Uhich musf " not
eorrsciod, end IN eonUlsiona and rsvciuiion I
eonsider TIE ahoie subject of baaking and /
credit - mnNarrnfnr AZ fhir tina fhrrffshr-tf