Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1837-10-28
GS1ff ri the SENATE.

No.eAy, SErTEnsxa 3, 1897.

-. h.v;.s re,uussd tie eonsidss.sion Of the bill
rSSSf,souei dssiss, dspossories q shs public
eeepis sGesrs Of sbs Gsasral Government
@s1M.Av - snd addressed shc Senate for upwards
nC l.A - eaasss undertake % report NIL sha, he
ersv = Il sssaid We mus: content oursslves with
s3s,s Nv q his Argument, employing generally the
- : 49, Is vas expressed.
Z.11nuesd b. observing that, feeling an anxious do
0ous sGtesual plas presented 10 correct the cis-
esnssey, asd 70 ssssofs the prosperity OF the
- = ~ sssdsd lsseiPitasins himself into .h' de-
= seonsss, that he might attsntively examine sv-
2v ~ sbouId b proposed, and imparsially wsigi,
isssAas urged in its support No period bad
= die eounssy, 10 which tho future was cover
~ sksAs deassr, or ss"ss impsnsssabls gloom. None,
~ dvsv vas % imperative discard all passion
Ses I'll patty ties, AID previous bias, and look
1Eu1s Qod Of sMesed country. In one
oksughs 10 Fortunate one-ovr present diff
nienuiahsble fsoa Eunss AUDSsl =
= Heir universally. They arc fsls, IL il tfaSs,
osesss, tus si,sy reach every section, evory ssass.
49,, si.cs' every ma" :. %s Jn ~ AL ls, EEL
- Hysoss ops porti Of the Cosfsderacy against
hn v b. hobolibat common safferiDgs may lead to
Sr,n syupsthies and common codissls, ah tina. we
- tssxas day, b: abs IN sec ciear way OF dcliv-
n - sepesns Of S!lS cointry produced
5000 DIS People; lift pro;ssdsd fom their was;;-
3nses ssd sbsis indulgence Of a reckless spirit Of
49, 49,: il public Measures whatever had
- - NdnR;ae il aboBt, IL would n,ve.tslclsss be
&A 4 government exert all iss ensrgics and To
eveasg GDh Issmat, powers % devils, a" efbcaeiou'
.ir naaesr present plorab!e condition has sprung
ssew il is IN be clearly traced - THAR acts and
S.,Ssua - dssy bsconss iifntvsly moro obligatory;
usuld bs fsiihissJ - IN, highes, AL most
-. 49, susss shouId IL negls-s psrfrm it, And
eirupe - - u,s evils which Surround 81 b.
ssehsd s wso have had 'ho conluct If OR public az
hn!
/. ,s.esr ~ tbs possfcossusl Mr. o. no.hn,
x.hss r. =, ;nas.scu thai angry feelings
An, uo,aAso rsproach lswo'ld b. far cog-nal 10
nv wsss his occason, should torgss all fo-mer
a,hnpuv divisions and anmosisies Bot order 20 discOvA
= Nv 70 ess ~. Of our dicuisss ascertain, if
o. ean, how eDs ineo sbem.
Piss series Of ssforsusate which had for
~ ess overthrow Of the Bank of the u. States, and
te dieoasases u ss 6seal agency for the Govsrnms
10 Ps spss ssrsh enjoyed better curency had
ssassbsssss regulated, than the People of the United
Sasss Or sessnry system appeared 70 have attained
q usas vssei0u any thing human possibly reach
n eumbmsae Il Unite States aud local banks prescnt
sds ts p fsur system Of General aud State Govern
sss4 - suAsS quite as well. Not only within tins
esany - wss local AM general currency perfectly
sud ~ whassvcr quarter OF tas globe Amcrcan COM
- pessasod, s-rc also did bills of the Bank
- Usi'sd Ssass command unbounied credit and conf
AMs Nov ~ in danger of having hxel upon
4Btsly N time, that mediunan ire eemabe paper
Dcy which, by the universal cnnssnt OF t'o commercial
- regarded tho worst how Eng '"'9 co"e
- -! Can bs doubted that il il the rest Oh thosc
Aasssss 70 which have Ndver,sd! When, at tic very
Of adopting thsm tn, very CONSEQUENCES which
se happsDsd forssod incvtabIs, is il
u ouk elsewhere for s,ss cause! Never prediction
nass daacy made: nsycs was fo6Imsnsmo literal and
IL ~ sspo dat ho. M assures hal no, been adop,ed
Sbss shs bk Of ths Uns.d States had bssn rschasercd
hat psblc deposisss had ssman:d uds;urbei and that
ne Tsassy order hat bssn issued is ,herc not
asn % believe that should be in this enjoyment
suood euffUney; ebas this pubc daposes would be
~ as and ofheoning and tim. he suspension Of spc-
desy1sass IN May last would not have happened!
n Hoeidsncs Message that the suspension has
poDpos9 eem indulgence
sQis q sculasios pro.el by bank AMI other facil-
~ Dtaink this Of tho entirely super
& u would 10 ito vi JUST ~ tso instance
sb0Dehs pespssatsd BY Oh, -ischa.gc Of Sn 90 al
paas ~ lssdsn bail, and no: ,he man WHO levellcd the
~sponsibc for s,e murder. The true Inquiry u,
sssms excessive ovrrsrln, aud those extensive
Sukheliiss which the Msssoss describes! Were they
nscsssary and immediate consequences Of the
tsw bank, and removal from iss custody th,
pe apostles! And is this proven by s0e vast niul-
6 o( banks, the increase Of tho Inns of their dis
ene cd accommodations, psonp.sd and stimulated by
way IaSsv, and the great augmentation Of their cir
What occurred 10 STAT, of kea:iky, =, consequence
u shs s-chss;, OF tbs Bunk Of IN a. States
ILLUSTRATED 10 s1cs shroushou the unio,. That Stats had
sesssa sady By banks g,asra,'y opposed % tho
sseseseaeusns u ths. IL hal foiad the Of the
hssA q ~ Unissd STATS anvcrn, all purposcs of
esnsaey ~ home AND abroad, AID il was perfectly
ssee with shem A. the period Of the veto, had bu,
bark, Of limsed capita, aal circulation, After it,
sns, reluctant engage IN tbs banking system, and
sssishine hopes Of shs creation Of Bank cf she
d States encouraged by se supporters vi late Pres
- esssated about the Incorporation of banks. But
sbag dssparng Of the establishment Of Bank Of shc
usd Ssasss and finding ,self exposed Z, currency in
aeees from adjacent states, IL proceeded establish
Ns1 ss own, asd tins ve,o srs Is II, has incor
ro'sd, f,s that single State bank capital sh, amour
- nilios Of doars-a equal 9, tive capital
tdN.
Nat ~ iocal banks I, which th, deposi,,s we.e trans
aho. The Bank Of tine Unied States urged and .simu
ssesy 70 discount upon them, We have recorded evil
- - TNasury Department.
- Nsao9p, % reconcile mis!ortunes, and q
S.ss ~ msasvrss Of GovesnmeNt from nj
pssseias the presen, stat, Of things, refers tn
~: kssups, and especially that Of Great Brit
enetps osas .in both coi,,rics have wisnesss