The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1838-08-31
PREDICTION FULFILLEp


From n speech Of MIR. McDuihe, deliv-
o,ed on The 4,h OF April, 1884, on the 10.
moyal of the public deposltes, the prophetic
shirt of which must excite wonder ana al.
m,ra,,on in the breast of every reader:
.S,, !, has never been the intention OF ih's
,s,,is,ratioa 10 return TO q specie currency
rro,, the vcry frsl message OF The present 'h'ei
N.ristrate. until the present moment, there mas
hen deliberate design on the part OF th"se VINO
have written his messages TO establish e-ossta-
mont bank IN some form, TO DC CISCO as haen"e
ar roli,iosI oower | could establish tins before
=. ,,,n,,,,al iury in the country, by chain OF
I ID, - strong aud conclusive; but have not
-, ~ 90 into The details. Ia the first messages
I h. nded a bank, founded upon The ereu-
/ !, ef the Government and It's reyenues' shu ~
,I.,.p, s,.ssnoe he says IN the spiFii OF ia
r,ovc,ncnt and cOmpromise which distinguishes
oar country and It's institutions. II becomes Us 70
,noutts whether II be not possible TO secure 'he
ADVANTAGES afforded by the present bank so moot
6cd IN It's principles end structure as 10 o0'iae
1 constitutional and other objections
ain has conversations wish some of the com,
r,;,,ccs from our commercial cities, tie informed
them that il his experiment should ia1i, SH u hae
.lrcadv he would have a bank ioanded oron we
chccks ana balances Of this Government; nd
die which / cannot interpreti bul when, IKE le
,,ro,se. NJ the Delphio oracle, viii doubtless be
. ,ptsrpretod 10 suit any emergency. we nave ~,
, 50 heard from distinguished aud eonaden'i4
friend Ct Nr. Van Buren,, tho second othecf OF 'h'
Government, that We must have political pans
Nan SIR aut this and lha, toet thcr take all thos'
proofs, cnd connect them win the vistbis porisnt
which We see all about W., and 20 man can fesis
the conclusion tina, a political bans, wislded q
the Executive Department, aud converting IN
whole moaeyed resources and credit OF The eoun
try into an element OF political poser' Is TO DC 70
FINAL contamination OF this great and desitfGs
i struggle for supreme power u Is easy TO TEA
the future history OF the eoanlry.u the scheme
: OF the reigning dynasty are not aeasAisa oy Vi
a people Anarchy is the highway tscesPo'ic ~"
n er. whsiher il he banking or pnli'icrt -P'ti-
- l-f'Whrn the bank Of the United S'aies shall !
; e.s,reved. the currency will be thrown iuto sue
~ dersnFement and canidsioa that the country VI
"a Be prepared to submit to any national bank ra1
than endure the prevailing evils. Thea tho y
hy mipis,ralion will come forward IN lhei 'spl'h
- improvemeat OF which the President speaks, = q
their grand scheme ii political bank, ioond'
q upoa the checks and balances OF tAls 1o'sf
X meat u
X. IL tear, Mr. Speaker, that the lessons Of e1pt
tc euce are lost nuon nations. No People haze oe
- more severely soho0ied b. this teacher than |
~ People OF the DATED States hSvs been upon u
ek subject And / ucscg rpfcet up1a Gus pfesr
me csndition sud prospects, without reegrfi5g 10
= tate Of the Italian, Nho, possessing sunng q
=. ,ohast coosttuiiou, sacrificed Il 10 the ismPefi
cf experimental qaaekcry. lhsePlsaPh ~4s eti
u aud contained ar instructive lesson : ! v a. We
RS / would be better am here May 4 neFu
1ur the paiasu utlce OF the historian 10 insefi7e
lpl, same warning epi,sph Of Tic mighty rGtn' OF
.~ national prosperity.
II have a few words 70 say 10 the Snuth'
lud r,,lI.."rn Who belisvo thi, Gayetnmsn, has
'Eo Constitutional pow er to ineorPoraie bank. \
be caano, hgt express my regret i7ai 'heif GO"
:. ,at,onni scruplcs should 81 operate a. y req
them utterly poseFlcss m the real contest 81
sill here Dc deCidsd beiWsen tie Bank OF
as United States and that grestssi q al monster
en-. political back. Disguise 1t ~ We may, =
East eonipig ZION 8; must come at last