The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1838-05-04

x.h;.k h.v.xsr transient the mlsappTehension
,,,sh, n. rsoa,red ssme resolution and trnurss.
Bui Their. war. ether and far grsAter causes Of re-
sp.o,ibility, TO watch this was as netting. W all
the interests 10 the community, the banking is by
far the most influential aud tsrmldaols-ths most
active aud mes, concentrated ssd pstvadlng ofail
the points within the immense circle of TINS inter
est there Is noas in rslatlsn 10 which the banks
are more sensitive ssd tenacious than thslr union
with the political power of the country. This is
.he scarce Of vast amount Of their profits, aud OF
still larger portion Of THAR rsspeetability and IN
fuenc.. To touch their interests on this ienser
pelnt is 10 combine all in united ana zeaops
opposition, with soma s1eeptsns, IN our porisn o.
tbs community. where the union of the two pew
ers act njuressly 10 banking as wslas TO The ce'n-
mercisl and o.hsr greater interests OF the section
To encounter 90 formidable an opposition, support
ed by q po~ srful political party with whom have
been acting for some years against entire power,
and who regarded the unien OF the Gossrnmen'
end the Backs as essential 10 the union OF the
States themselves Vas 10 assume heavy RESPONSE
bility under the most favorable circumstances
but To back and sustain those in such opposition,
in a hose wisdom, irmnsss, and patriotism, pave
no reason TO con6de, and over whom have no
control, il is to double that responsibility. This
rsspons,b ihty have Voluntarily assumed"
Mr. {. resumed. There is 40 d0ubtnor snbigu.
ity and thought it clear. that IT wesIa be I'm
possible 10 misunderstood 1t; but II seems IN my
case thai nothing is toe clear for the Senator To
sandsrsiapd.
Alter these remarkable Misrepresentation. and
after | have shown my sentiments Ia 1884, July
according with my present sentiments. thu Sens.
tor makes further charges, which do nsl think
entitled to respect. My ssL umsHts Ia 1854 are
nv recorded sentiments now A.; and AM Wiling
Il IL tka
Judge between the Senator and myself To then
j chserfully submit the question, without further
remarks on What the Senator sSid IN reply TO me
and am the more insueed 10 co so, as find my
self toe h0sTse 10 extend nv remarks, with any
satisfaction 90 myself or the Senate.
Mr. CLAY said, it was very true that the SsBs.
tor had on other occasions, besides his Edgeheld
letter, claimed that the Influence arising from the
interference of his own State had effected the Tariff
compromise. Mr.. c. had SC stated the fact hen
Up before. Bat in tie Edgsfsls letter tbs Sena-
tor took new ground he denounced those with
whom be had been acting as persons IN ~hars
he es6.d have confidence, and imputed 10 them
the design OF rsRswiRg high tariff and patronlz
lag e1trayagsnt or expenditures, as the natural con
sequences Of the establishment Of Bank Of the
L. States, and had presented this as reason for
his recent course. When, SAID Mr.. C., a
unworthy motives and all this deliberately written
and Published, could not but feel very differently
from What should have done snser mere easusl
remark.
But the Senator says, that ii / have not changed
nv principles have al least got into strange CON-
pany. WAY, reslI, NJ. President, the gentleman
has so recently changed his relations that he
ssems to have forgotten into what eom pany be has
fallen himself 4 l2ugh.l file saws that some 81
my friend. oncs belonged 10 the Federal party
Sir am ready TO &c into an examination with The
honorable senator al any time, and then We shall
II there are not more members of that zane old
Federal party amongst those whom the Senator
has rsnsntlg joined than side ofthe House.
The plain uaIh Is, thai II Is the cid Federal party
with whom lie is acting. Fer all the former
grousds o difference whish distinguished that par
~, and Ssre the great subjects OF contention be.
tsssn them snd tia Republicans, have ceased from
lsp.e OF tine, and the change Of circumstances,
with the exception Of one, aud thai Is the maiL-
tsnancs and increase Of Executive power. THIS
vas Leading policy Of the Federal party.
strong pow erful, sHa energetic Executive was It's
favoriIs tenet Tito leading members OF that par
ty lad come cut OF the National Convention with
an Imprsssios that abder the neE Constitution the
Executive arm vas too Veak. The danger they
aoprebegdsd sas that the Executive would BE- alb
sorbsc By the legislative department Of the Govern
meEI and accordingly the Old Federal doctrine
tina, the Executive must BE- upheld, thai its ln-
fosuce must be extended and strsng lben.d, aud
as a means ts this thai it, patronage must be mul.
tiplse. Ans what pray, is at this hour the lead.
Jag objec, Of that party which ths Senator has
joined but this very ihing2 /, vas manIalasd
10 the Convention By Mr. Madison, that 10 remove
a public officer without valid cause. would right
fully subject President Of the Uaited States 70
impeachment. Bot now not enly /. reason re-
CURED but the praci pie maintained that no rea.
son can bs asked A Is removed aud B is put 10
bis place because such is the pleasure Of the Pre-
sident IL free Government founded upon the
principle Of respons blty, the President Of the L
is not only practically irresponsible but does
deign 70 assign reason far The e1srcss u oas OF
the rOst important functions of Government
Nov, " We are to look al things and not al names
then it Is certainly true, that the Senator is acting
with The old Federal party. which continues 10 us
aacieni vOcatiaH. II there ara some Of the FeGsr.
al party who act 18th ~, 1t IS because they are
shocked by The extrzEsgani prstsRsi1ns Of msdstn
Democrats TO Executive power and pFsrogatlvs
] can tell thS gentleman that he will fad the true
cid Democranc party, al o we're fof resisting the
encr"schnsnis ef power, and limiting Executive
patronage eli this side Of the Senate and not with
hi new allies the jackson Van Buren, Democratic
party, whose leading punclpis is 70 sustain the
Executive ana deny all fn~er to the Legislature
ard which does 40, hold solitary principle ia
eoRm with The Republican party Of 1893. Yet
the SeRaior true to The prin,i Hes Of hi' new al.
lies is for uniting, by thI. GpYsrBmsat Bank, the
purse and the sword add laying bath at The foy Of
The Exropliye. The Senator els o. that be found
thu baa4- IN existence 10 1916, aud that be only
acqaiescsd 10 their consiiiutoBality. But II he
scq tIescsd IN It then Why cannot be aeqngscs ia
the same thisg uow The banks at that toe were
not paying specie; tse legal csnn-xlon. between
thea aud ne Government had 4ss5; i!le whole cor.
reSey ans business Of The country were ia stat
Of arrangement, Jnst a. they Roa yet be acqui.
sscsd IN Baak Of the y. ;. and he acqucscea a.