Cheraw gazette. [volume] (Cheraw, S.C.) 1835-1838, 1837-10-04

in tie banking systorn but tho Uethods adnp-
ted 70 cure tac disease were just as bad as I!
physician were 10 turn man h2o.s upwards IN
order 10 cure him oi al .TEoiexT.
In relation to the Bank oithe United States,
.Nr. King spoke with great energy and pom
,snlne:s He said the fate CT that bank was
extraordinary. But before he coald venture
! 10 utter word in favor Of tho institution, he
ielt he must give bis reasons for So speaking
for whoever now would open his mouth IN Its
defence was obliged 20 defend himself as Il ne
we're fclon or traitor.
lie mad grown up from his eal!est life demo-
cTat in habits and associations. Mr.. n. WAS
democrat IN heart; real democrat; be used
no. tho word as catch-word; be disposed
catch. words. He went for an economical ad-
nin;strution, and no one s..ould find him with
Domocraar on his lips, but Tyranny and Plum
der in his heart He would "buroi0 no talSs
i;ssry fran Hszrca 20 serre the DerH IN tie
vps democrat from his youth, and when he
hrs, entered upoa public life he found the Bank
oftbo United States established BY Tie Como
crat party. His party established this bans in
1916; that was the remedy then proposed and
found efficient; and from the time ofits asta5-
lishment to lie period when 1t was put down,
we had currency better than any other na-
ton was ever blessed with. Such an lnstl-
| tution,in fact, seemed necessary to the Govern
u1ent of tbs country No country having Q
mixed currency could do without i. 1t was
necessary 20 trust the finances ofthe country to
some agency. The fate ofthis bank, estab-
!:shed BY the democrat cparty, MIX. SAID, was
extraordinary; and he proceeded to show the
Injustice and inconsistency of the Adnnistra-
ton towards it. If Mr. Biddle lay down. he
was useless; ifha stood up, he was lmpudent;
file sat down, he was suspicious. II he ex.
banded, be was 5rbing the country; if he con
;ractcd, he was running the country. If he IN
ported specie, be was specu!atlng upon the
country; if he exported specie, he was consp!r-
ing against the country. In short whether he
passed above or below the President, he equal
If rnudiied the water. N. &. :efcrred to an
attack on the bank by Mr.. Niles. for not ex-
porting specie in 1882 and compared that with
thelate ,licy Of the Administration in regard to
the exportatian of specie. In truth, MIR. 4.
went on to say, that institution had,by shipping
FIVE millions ofspecc. performed all operation
more favorable for this country than ever could
bs expected rom an institution which had been
warred against as it had been.
Mr.. 4. referred to all these things TO rindl.
cate himself and others who had always en- ter.
tanned these opiuions of the bank; and not
meaning to indicate any course on his part IN
relation to bank variant from the opinions OF
themass of his constituents, which, :" Len he
last heard from them, were, he beEeVed,aVerse
to matte nal bank.
Mr.. T. made also a number Of remarks IN
defence Of the Bank of the United States
against the charge Of having used its influence
for political purpos g. He denied that the Bank
had meddled in the politics Of the country, and
he dared any man to place bis finger on sim
ole instance in which the bank had done so--
at least before the late President had com'nen-
ced his war en- the bank to make It's manage
nent subservient 70 party p lrposes.
AIR. 4. next Te!errnd to the declaration Haade
BIZ Mr.. Calhoun on 4 former day,that he would
not now take the Bank ofthe United States as
bank of public deposite, even as st 'se IN
stitution, because, after the war against it, 1t
would give the bank triumph over the Gov:
srnment. Mr. <. confessed himself shocked
By this declaration. A triumph against the
Government! What Government! Ar. H.
had thought that the Government Of the Uni
ted States consisted Of Congress- and the Presl.
dent But did the gentleman mean the Gov
eminent of the Hermitage, or the Government
Of tho IVhits House! MIR. Z. dwelt on this
topic with point and strong feeling:
hr K. here again referred to the pr sent
condition ofthe country, and observed THAI the
| las. four years had brough bit more gray hairs on
| the head of this young and vigorous country,
than ought to have grown there, IN quiet and
ordinary administration of the Government, in
whole century.
Mr.. K. continued to debate on these and va
rious othor kindred topics,& concluded ny OK;
pressing the hope that time g. reflection would
| tend to bring about wiser views and greater
harmony OF action Oh the momentous subcct;
and to give time for this, concluded by moving
a DOS. ponement of the subjec. t'l the hrst
Monday in December next.
ss ssMonday, September 25' Mr. Clay spoke
threo hours on the same subject. aIter which
the QUESTION being on motion to postpone
With starvation. So mnch, said Mr. n. lot
glry. Ifr. K. thought this too mach glory
10 be endured any longer.
Yeas-Messrs Bayard, Black. Clay, OF
Ny, Clayton, Crlttcaueu' nei'
Georgia, Knight, Mexican, Nicholas, Prem,
tiss, Robbins, Smith, OF Indiana, spence
. Upton, Webrter, White, Willlams-l9.
Sa7-Mess7s. Allen, Benton, Brown,
Buchanan, Calhoun, Clay, ofAlabama, Fulton
Grundy, Hubbard, King, Of Alabama: LINN
LYON, Morris, Niles, NoFvell, Pierce, Preston,
Preston, + va Roanc, Robinson. Smith. OF
Connecticut, Strange, TaliInadge, Walker
Walker, Wall Wright, Young-N.
On motioR 0! Mr.. Wright, the action on
the sub Treasury Bill was informally suspend;
cd till tomorrow, by unanimous consent, and
tho two following bills were successiveiy ia;
ken up and ordered to be engrorSed tor q thro
reading, viz.
The bill to remit the duties OF certain goods
destroyed by the great fire in New York
and
The bill making further provision Tor the
snnpression of Indian hostllltes !or 1857.