Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-09-07
sDLg1EE XXAV.---No. So.

Iisbu Tseu Tor %
by the grantee according the requIsilio Of the graft
or.
The Government, Sir, is 10 all the Difficult
~ and expense of collecting the public money II TO
incur as II should d. the responsibility and the odum,
II any, OF enforcing unjust and oppressive systel!
Of taxation; and then is 10 let out By spt cal contract
10 such banks may he the selected objects nj favor
tleenl!re revenue 10 be employed, al their Unlimited
discretion IN the business OF tIade and speculation IN
all lis varieties No matter how arfully this stem OF
Grpnsir may DE disguised in lis terms and s'ipual2ns
M matter by What ttusve cPIthets 1t may be dcnom.
mated, 10 this complexion IL comes al last, that TIE
banks are the Farmers General! 81 tie revenues q:
the 5. | have Characterised this proceeding as On
! assumption ct power not granted, but II might he
adopting mode u: expression 10 deslg ate
II surrender Of the H. hls and duties Of Congress lc
! corporations
Let US Mr.. Chairman, 10 these charges of violation
Of the Constitution, and an assumption Of power not
granted, make application Of leading doctrine U.
the Republican party contained IN their creed,
pounded in the Kentucky resolutions in Taylor.s
uroHs and IN Madisons report In that resolution, 10
"hc!! the attention OF the committee las been hereto
Tor invited it is drc!cd THAT in Of jchbeGare
PnPhhle and dangerous cArcIse OF other powers, not
granted by the compact the States who parties hcr4
to, have the right, and duty bound. TO nterPose
Tor ar5esng the progress of the evil and for maintain
lrg wiihn their respective limits the authorities nights!
and ihcrics aprr;tan.ug 10 them" The principle here
asserted maintained also in The Kentucky resolutions;
aud IT is clearly explained strongly enforced aud
cusvcly defended, IN MaaISons report. it receives Ty
most hearty and unqualified concurrence The purpose,
present, however noI TO inquire whether it's
Of such deliberate, pal lJle a.d dangerous exercise Ut
powers not granted 10 require and Justify the inter
position of the States for the purpose OF arrsng II with
in their respective limits Probably II might Dc
par!.d were ii possible discuss the matter all !vs
relations and Consequences to institutions. State ana
dfa free from the influence Of baEks and the powCr
OF money.
The F,,!~Gal Government possesses It's pos ers, sepc
rate aud distinct iron: tie States and their Governments
and in rrshuui exercise Of them cannot be hndered,
Instructed Or prevented by the inlcrpositIon OF STATE
authority The States cannot so exercise this right Of
interpo,liion f., the purpose of arcsng the evil OF Fee.
deai usurPa;iuH To violate the compact To which they
parties Whenever, therefore, state can success
folly lnerPose. without violating the compact to deleat
aHd prevent tie progress "i Fedora! action, IL "0uIu
seem 10 show cpnciGsvey mat lie arrested action was
no; authorized by the compact do mol mean 10 60
into an sou oi The whole doctrine oil Stale inter-
po>Un. Let It suffice here Ia the belief that The
modes various; that The n,erposng act may be ct
ircid by The sting G. OF the States through
Ike agency vi all Ut is departments, as may be
deemed test and most appropriate; and that tn" moo:
and the nan;er OF intrrrusInI must depend Oh the ma
lure and extent ot The eva 10 be arrested.
Now, Sir, is there any mode in which the States may,
rgh'iuy and successfully Girrpo5e TO arrest and PIE
the employment OF lhr: banks is fiscal agents of
tia Federal Government:
Surely Will BE- questioned but that the States
may pruhbi, any subscription 10 the stock Ot thrnr
banks on behalf @! the L ; ami may prevent the r..
Grtai Government from becoming member OF any
TIE States the act OF incorporation may prescribe
admissions into, and rxcus-'as from, the company
Here. then species OF connP2iIo. y hCh may be
avoided The Stalcs have clearly the Iight TO super.
wise rrGuIal. End control, the conduct of their " I"e>I
institutions They NAV ~ -.r and discretion,
:" tho nrnrrrss Of time discontinue within their res.
Pccu"e limits, ;he Whole barking system. They may,
III virtue oi ih'ir exclusive power OF legislation over
'H """ t'tP''a' o""Ir> ''tu'i 'ie'" ''o' i'e'''+
ne service "i ah"L.e' ','N'f''''ht in'S "i! i'I"p'
""I' ''I c""ac 1''u ~ ''''''"'S '"-H' ny e Oa"h
""1" are ""' ~ sc' P"a.'""'e VI ny" '''''P'e"
ION III ,""h ehait"'s' l!.fSe mugs are ""n''s'i?
'Lt'I lie competency 81 sac auhoiity, AUG WON"
'H'CGa'y prevent any cOhtcd"a b"'"tt! me reGe'Hi
r'enueS 4hc ne !"ca! bhiS, "lthnut .mp.oaS OF "D-
lrgcting the rLhtiul action OF the Government with
ut inp"HnI, ia the least ItS right ITO lay ana co.
icct taxes, duties ImpostS. and rScScS 10 place I'll
pubic money IN The treasury, I" PROVIDE Tor It's be-
'"@ sept '"eie eNfius''ei: a'G securely anu 10 re-
S''"" '"e "'.e anu "'''''E' u "'""',5 "' 'e s'"e
ey us own ctCcTS, ~ lnthce {" appropriateness
II. however lie selection" ana employment o. 'iess
banhs rested Upon any authority dedUcb!e from me
terms Of lii. compact the States, who are parties could
thus easily and efficiently nterPose 10 arrest lie pre-
gFrss Of lis EXERCISE
Nj: Chairman. proceed next To shOw That THIS aili-
a"ce with HE banks tends TO rti"ce Tie line Ut partition
brlaren the States and the FEDERAL Government 1t
viii be borne III mind by The members 81 lie committee,
that IN III" commencement of my remarks IaId DOM
part o the groundwork OF y argument, the tundc-
mental principle Of division aud distribution OF p"iii''
CO. power between ths two Governments. have msra-
pd several passages both IN s"CunsrucuOn Con
stfw,d, and h!S 'lnqnny, demonstrating and enoFc.
ing hIs great principle IN the structure OF ouI po'icai
stems. II is with pleasure that refer 10 the views
md arguments o: 'h!s pG'e ?aos a"a eminent sa''s-
man, on account ct their o"n merit aud the hsh esi'-
nation IN which they are held IN my own S'ae' bu' 10
save time, now become 80 valuable VIII '"ee" ny oe-
sire 10 read extracts from the works before me
This urinary rrin,;,la ,o,cb,s us th,t each Govern
ncnt has lis appropriate aaI separate perform,
m tina, .,rh has IFS ssoarare and distinct Gunciionaries
''' '.'"t .1va ""' rI p,, =, ,hose be,onging
'.'o G,s i,, ,r GsI fnc,ion,,irs or the Federal
f:F,y,uT.,, blends rniyes and c,nuses the public
H. i,, ;,h ,ho ,ro,ev and funds Of the
o"'y " '.r I'., their au.