The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1837-12-01

has moi been able N eherk Other Insiii1-
lions or save itself" This rrfereRes %
the bank would have done very well laE
. party newspaper; bur | must confess
vas somewhat sslnnlshed 10 end q IA Ihs
message af The President of she United
States. Can u be supposed that ths m -
ignoraeI can be deceived BY this each Al
mere name! Whoever ihonghl u hald-
ing The Bank Of the uniIe-l Stairs respnn-
slble fOr The currency. or - financial
regulator. after the withdrawal Of rs
branches or even after the removal af the
deposiis! What obligations MAS % under
10 the pablo. after the public had dIspens-
ed with lis servicesl Was u under any
very strong obligation. il u had The pow
er. 10 aid The Executive m an experiment
made ~ lbs 0wn expense. and Intelded
for lis destruction | should think moi;
and TO hold . state bank responsible be-
cause IL is called % The Bank VI the Uni
led SlaIes." is absolutely ridiculous. In
has fallen into line with The mninIute Of
state banks. created under the lsle Adm
nislralion. II has supported hls policy
BY importing specie on credit. that q
might hatch more paper upon IL. II has
gloried in the confusion nf The exchanges
By which IL has made mllllOns. In shorI.
ike the rest OF the state banks, IL has
gone Tor nIakine money; IL has joined ns
l0riune with the STATE banks; IL has
bOrrawed specie like lhe stale banks; has
expanded with the state backs; has shaw
ed With the state banks; has failed with
the slate banks. aud is . state hank. aud
yet Is held responsible 10 The country as
a national bank. Sir. il is no more .
United States Bank. and not so much as
the i.lllle Burlington bank, which produc-
ed such q happy efec, with mOdleunl
Of The spills sent Ia IL, and presslngly
seat for more 10 operate on the cleo
ton, /" in anticipation OF The wool clip"
There IL a u. S. Bank for ys. establish
eddy the Executive 10 prsUert the public
money from being employed 10 operate on
iks politics Of the country,
Why. then. these valiant charges upon
a ghost: this war upon sign: these lilis
upon a tombstone! They are about as
useful, and about as rational. as the
charges Of the redoublable Don Quixolie
upon the windmills.
In connsxion with these perpetual
effmts, 10 frighten Us with ghosts and
" things that are not." Mr.. X. said he
had never had his democratic feelings 80
shocked as they had been by ! senlimen,
vi the Senator from SouIh Carolina.
(Mr. calhoun. warmly appLaudei by his
friend near him, mr. STRANGE We
were Told that though txpsiisni. se
should moi make tbs State bark q de.
posIinry, "because u would be- a triumph
over the l;overnneni." What Govern
msnt! The Government at the Her
mi'age. "r tie Government, Al the White
Housr. These Government, were both,
TO he sure, supposed tn be inimIcsl to the
present State bank, because they did not
like Viz. BiddIe, us president, vino was
formerI, president Of the National msiitu-
ton. But what had the Government had
10 do with the present State Institution!
lie had supposed, until lately, that the
Government meant the legislative power.
as established BY the constitution; aud II
the People through their representatives,
according Ia the forms Of the Consulu-
ton. shonl1 deem It expedlent to make
anv Stale Institution depository, IL
would be no objection with him tina,
either the ex.Presldent, or presen, Exec
utive, waS supposed TO be ininieoi 10 one
Of IFS at:.srs, lido not propose said hel
10 a. ne this institution depository, and
nobody has prOpused. or thought OF
proposing it, so far Us | know. WHY,
then, this war-whoop against II! To
show our devotion 10 The supposed Ex.
ecunve will! "A change what change"
has been produced in the tone OF American
feeling by these vIoient encroachmruls
aud recent triumrhs Of the Executive
over The Legislative authority, in relation
To III" Il RANGES, All eyes are turned to
the Executive. hr spirii nf our fathers
las I'D The blood Of Is has run oui.
SIR, there have been mnre gray hairs
hrough, upon the head Of our youthful
and vigorous Republic in the last four
years, than ought % have grown upon II
IN Que entIre century of quiet aud peace.
iul administrations, with the constitutional
c"."prra,Ion Of the Legislative Depart
meats.
My friends need not be astonished at
the freedom witt which express these
sentiments. 'they believe with me, they
ha acted with me. We have vainly
stood up together gains the will Of the
Executive. dur efforts have been lmpo.
tent. We have been tramplej unIcr foot.
The Executive has had It's way, and We
see the re- 1T. only wish my fiji, nds
10 join me in taking firm stand 10 tea. h
he Executive that / is friends are to be