The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1838-04-20

nav nov satisfy himself. IL he viii read
he latter part Of ilie report. As b ne
bOnus bill. il grew oul Of The recon
a,endasion az Mr.. Madison in bis last
message; and although proposed thai
the bonus should be set apart Tor the par
pose Of internal improvement, leaving u
"a ne determined thereafter. n neither We
had lhe power, OF the Constitution should
be amended. in conformity 10 Mr.. Madl-
sans recommendation. ] did mt touch
he question q what extent Congress
might pnssess Ihe power; and when re-
aalred 20 insert direct recognition 81 me
paWsr hy some Of The leading members.
/ refused. expressly on the gonnd that
thnusl, | br!lerel il existed. hal nnI
made up my mind how Gar i extended.
As 10 the bin, il Was perfectly rnns'i'n.
linnal in ms opinion then. aud which still
remains unchanged. 10 set aside the fund
prnp0sed. and with The object intended.
hnl which could not be used without spe-
eilie appropriations thereafter. a
In nv opening remarks to-day, ! sad
the Senator's speech was remarkable.
bath Tor is omissions and mistakes; and
the Senator inlers. with his usual iRsccu-
rscy, that | alluded 20 4 difference be.
tween his spoken and printed speech, aud
that I was answering the later. In this
he was mistaken: I hardly ever read .
speech. but reply to what is said here IN
debate. know no other but The speech
delivered here.
As 10 the arguments Of each ofus. ] am
willing To leave them to the judgmen, ri
the country; his speech and arguments,
aud mine. will be read with the closer al
tenlinn and deeper interest in Consequence
Of this DAYS occurrence. Ii is all ask.
The Senator suppnses that snme re-
marks IL my leIler alluded I" the Nation
al Republicans. which gave him greai Of
frnee; but here again he missia.es. II
alludes to those in pnwer. and n"1 To the
National Republican party, whieh the
reading of The enure paragraph will make
manifest. Will the Senator send me the
letter Tor mat purpnses
4" As obyinus az al this must appear.
iell that assumed a heavy responsibility
ia taking the course ! did. Ii was i'm.
possible that all the circumstances and
natives under which acted could al once
be- generally understand. and, 0f course,
the part ! was compelled % take was IT,
able o. be miscOnceIved aud grossly mis-.
represented. We have been 20 long ron.
tending against the abuses and encruacl.
mrnls ii the Executive powcr a. IL lur.
get that they originated in the pFinr abu'
ses and encrachmenls of Congress. aud
were accordingly exclusively intent na
exprlling from nlIire those ~ho had ac'
quIr, d and exercised their authority IN 4
manner sn dangerous, without rejoicing
inin whose hands the power would ga,
and what principles aud pnltcy would
gain the asceadancy. Win THIS state 81
feeling on the part Of nur friends, | saw
il was impossible TO take a position
which, by consequence. was calculated
10 cover those in power, however urgen
the Cause. wiilsuut 0ccasi"ning a shock
in the first instance, and the impulaiinr
nf unworthy motives, TO meet which
however transient The misapprehensiur
might be, required some resolution sut
trmness. But there were other and fai
greater causes. ofresponsibility, To which
this was as nothing. or all The interest:
in the community. the banking is by fsl
;he mist influential and Gnrmidable-ih,
must active and the most concentrated
and prevailing; of all The points within
the immense circle Of this interest, Their,
Is none in relation to which the banks arr
more sensitive and tenacious than Ihei
union with the political puwer Of ib'
Country. This is the source Of a vas
amour, Of their profits. and Of a still lar
ger portion of Iheir responsibility and in
iluence. To touch Thur interest on ihl:
tender point is To combine all in one uni
ted and jealous Opposition with some ex
cepiions in our portion ofihe community
where the union Of the two powers act
inluriously 10 banking, as we'll as 10 IN,
commercial and olher greater interests o
the section. To encounter so fOrmiiabl,
an opposition, Supported BY powerfn
political party with whom ] have beer
acting for some years against entire pow
er, and who regarded The union of III,
J government and tie hanks as essential /,
the Union Of the states themselves. va.
to assume heavy responsibility under III,
most favorable circumstances; but to bacl
and sustain those in such opposition, il
whose wisdoIo, firmness, and patriotism
have no reason 10 cOniilr, and owe
whom have no control. is 10 double lha
responsibility. This responsibility
have voluntarily assumed"
Mr.. G. resumed. There is no donh
nor ambiguity; and ! thought ilso clear
that il would be impossible 10 misunder
stand il; but il seems, in ny case, thai
nothing is too clear Tor the Senator ID
misunderstood.
4 A q a q ~ #%s