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

eceaemicg! and slaeient thah the present.
Here i, a strong denuRoistion of that very sys
TEN he is now sulsgizing 10 the skies. Here he
depreeates a diseonneklon with all banks as
mast disastrous measure; and, as the strongest
afRurest agaiHst 1t. says that 1t viii necessarily
lead 10 the sntlquated policy OF the slrons box
Yet, nov, the SENATOR thinks the strong box sys-
tem the u.est thing on earth. As TO che aoquI-
essence Of the bonsrsbls Senator in measures
deemed by him Unconstitutional, | only regret
that he suddsnl, stopped short in his aequlescsnce
He wa. In 1916, al the head OF the Finance Com
mittes in the other House, having been put there
by my sell. GcgH,sseiag all the while IN the doc
,rtne OF bank as perfectly sound, and reporting
10 that effect. He scquesced for nearly twenty
,ssrs, rot a doss, escaping tIsm him during the
whole tone. The year 1884 comes: the depOsiies
are ssIz,d, tbs currency turned upside Down, and
The Senator comes orwaro and proposes as reaie-
dy q ssnta uaion of the Bank Of the United Slsies
for twelve yesrs--hsrs scquiescing once more /:
sHi as he tells US, IN order 10 ssys the ecuElry.
But if the salvatioa OF the ceup,ty would justify
his acquisscsnes in 1916 aud 1884, can only re-
gret that be did not tnd II IN has heart to acqul-
esce once mora in Ia, would lave TemedIed all
our evils.
In regard to III. tariff of 1916, has the Senator
foT gosh the dispute at that lime about the pro,ee-
uen of the cstloB manufacture Tie very point
OF that dispute was whether Nc had right 10
/ give protection or sol. lie admits the truth OF
what said, that tbs constitutional question as TO
the power OF the Government 10 protect oar own
industry was never raised before 1890 o. 1922 IL
was but FIRST limited, then controveried, aud soon
after expanded into NulheauOn, although the
Senator had supported tbs tariff Of isl6 on the We
" ground that We had power. l do not now ~
collect distinctly his whole course IN the Lsgisia.
ture, but he certainly introduced the bonus bill IN
1916, and sustained It BY a speech ON ths sGtleci
OF internal improvements, which neither expresses
nor implies a doubt of the constitutional poset.-
But, shy set apart bonus, II the Government haa
/ nc power 10 make iaternal improvements II be
/ wished internal improvements, but conscientious
/ y believed thsm unconstitutional, by sid bs not
introduce a resolution proposing to amend the
4 Constitution ? Yet be offered no such thing
| Nhsa hs prsduces his splendid report from The
/ War Dis paTtnsni, y hat did he nssh Why dIc
he tsAtslzs Us with that bright and gorgeous Pic
lure Of canals and reads, a! piers and hatsors n
/ il was unconstitutional or US - touch tue plan
with enc oil cur fngsrsl The Senator saws 10 re-
! ply, that this report did asl breach the censitu
| ton | question. True Bat WHY l. the any
/ ether conclusion than that he DID not entertain
I himself any doubt about il ? What most extra
Ordinary thing would 1t be, should tue head OF a
Department, sls sificiaI capacity, present re-
sa oorate plah tor the internal improvement o. the
whole UnloR accompanies BY est,hates and sta.
tisuc4l tables, hen he believed there was no PoD
IN either House 10 adopt any part Of IT.
Ia conclusion, | repeat the as.nfaaos 10 my
! friend " no sits near ne that had not the most
remote inteRton Of casting the smallest reflection
GA his Stats, did |. "a my opinion, say
any thing which could fairly be 30 later pre,ed.
Mr.. CALHOUN again Hoarse as he was,
Ia. 4 10. ~.
J why made THAI report to Congress | was IN
: der an Imperative call from Congress- and could
not avoid making 1t and believe that dut, was
/ imposed upon one ov the Senator from Kentucky y.
4 Mr.. Clay said, NJ
/ NJ. Calhoun: However that may be. tho report
was mads during the session OF lols.l9. under a
call ct he House; and IT Odd not involve tbs
siiiuIonsl question.
As to the ssrff Of Isl G, never denied that Con
gfsss have the power to IHpsse protective tariff
fof The PURPOSES Of revenue add beyond that the
tariff OF 1916 did not 90 inch The question
Of tbs ooHstulIosailly oil tbs protective Ia If
stsst raised TIL SOME time afterwards.
As to what the Senator says st the Executive
power |, as much a. he. opposed 10 IT. aUg
meAlstIon, aHd | all 90 lar Ia preventing II
any in this House. | maintain that the
Executive and Judicial authorities should have no
Discretionary power. and the, begin 70
exercise such power, the matter shsuld be taken
up By Congress These opinions srs weii ground.
ed ia my mind, aud will go as far as any 10
bringing the Executive 10 this point. But | be-
lisve, the Executive Is Outstrpped by the
congregational power. Hs is for restricting the
enc. war upon soh
The Senator says assigned reason Of my
course at the EXTRA session, that suspected that
he and the gentlemen with whom he acted aOuie
revive the tariff | spoke not OF the tariff, bot a
Nt,ioual Bank believe tina, the BANKS natural.
" and ss,ureslJ ly themselves Is taxes on the
community The htghsr the taxes the greater
their prohls; and 50 IT Is with regard to surplus
and the Government elsburss taenls. Il The bank
10y payer 10 90 The SIDE VI National Bank see
IA That what may lead 10 all The coEseq ueRccs
which have described aud oppose Institutions
that are likely 10 lead to such results. When the
bank should receive the money OF the Government,
u would ally itself 10 taxation, and II sug h ~ bG
resisted on that ground. | am very glad that the
question is now fairly met. The iats of The coun.
+ Try depends on the point Of separation II thsre
be separation between the Government and
banks, the banks will b. the Republican side in
opposition to taxes; ii they unite they will be In
favor OF ths exercise of theltAIng psNer
the Senator says | acquiesced IN the uao Of the
+ banks because the banks existed did so because
+ the eonneson existed The oaak. wers already
used as repositories Of the Government, and il
was Impossible at 10 reverse tie state OF
! things. ] went on the ground thai tbs banks
! were necessary evil The State Banks exist /;
aud "oiils not he be hadsan that would ami.
hiials them because their respective bills are IN.
current 10 distant parts Of the country The
work Of creating them Is done, aud cannot be re-
versed; ~hsn once done it IS done forever
We have lay 10 S1utb Carolina which ma kes
Il penal TOR Msglslrates to marry, aud the ysnal,y
is hae Of fl00. was engaged in case Of this
sort IN court; and although the marriage was il.
isgsl. II was mi reversed. And ya, The senator
considers 10 be necessarily absurd what / hold ia