Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-10-23
Ion HYDRA TO LORD 1T OVER Us, ON Tar

Mr. Csy-1he People OF the United States nave al
ready seen the bghting and gigantic powers whIch
National Bank WELD, when il was 9Frosea II,
its career cf usurpa;on BY the strong arm OF e euei
Executive. But should nscrutabe Providence curse
us with your election, is people uoa taen Hare ~ '.
nwiu, ara NONE ntous in the dark book Of their Fate
They wrii, such case have yet TO learn ana 10 gee
The deyree Of rowsr which that Bank can "'eia anu
their de-.;nies ana their '.eea1m
ing IN CLOSE ALLIANCE with that FEDERAL txecn.
tive If il was much the Immortal Jacksrn could
,i, although sustained by the Democracy Withstand
the that raised on the Remova' OF the DePo'
.i,,. By that cG;ous Anti Republican nrnc Of oppres.
SION what have TO expect from PRESIDENT who shall
have been elected by it, and who instead of checking
lie fatal excuses, ,cN look i from abore but from
deo,c, up TO the Monster, with ell The Difference, the
faalv and FEAR that dp from the creature TO lis c.e
aor' There is soTetf ing supremely and ridculoasy
erhimc-somc:hins which the pen Of Juvensl
could not psI!s' adequately sa,iTize, in the beautiful
'dcH which encompasses The feed lawyer, the paid aud
cr'ogng alto; ncy Of the Bank, Et ceer and efficient
cheek 10 ach and correct lis awess abuses and
rscon"uct When, then, all the weigh, Of the Presi'
deat'l office instead of being placed the opposite
ale, shall have been thrown that of the B1rk asS
again and dgdin, where will liberties be: Hhat
will there be left remaining that will be worth hghiing
for: Will not these people be reduced that rcy
principle If not in practice 10 the level OF inc most aoec
slaves on earth, WHIST share vii! they have IN ms 70
vernrnen,. Win be at all Government Of their chcec
Rot more so than that Of China Turkey. Having
elected the President, will proceed TO elect Congress-
and in The whole management OF public affairs, thus
Bank will exert direct absolute and irrcvocaole con
troll Is il will be the interest of such Bank to have
high tariff of duties, in order TO swell the amount OF
10 BIZ deposited With it, thrift, therefore, per
hap more CALLING than that Of 1923, mast and
shaii have imposed u.s. rs was.eul appropriations
for unconstitutional Internal Improvements always are
preence for increasing the revenue we shall have that
blessing saddled on also Though the forms ct free
dom may continue for me &Sedom, ITSELF will be no
Drspo,sn does not consist in the actual exercise
Of oppressive power The greatest despot in the world
be practically mild and rule his people with great
ciemency But il is the authority 20 Cypress, which
constitutes despo,sm. And If 10 be so Situated
be dictated in elections in the Pc
lty of Government and rely for security the
sic roto of a souess boated moned CoIporalion what
will i, be but DESPOT, and what shall We be but
SLAVES? Perhaps, there some patriotic, as tn
consider this very desirable state Of things But lett
be known, that such condition will not he vo
!unlcry thing SIDE the side IF the people, but
matter of compulsion, brought abou! by The cortuP.
agency and connection Of The Monied Arisocracy
leagued with base political leaders; and coon sword
will be unshea,hed, that will be red down TO the hlt
with the best blood Of This country, before it fGds The
sc.Sberd.
There ,cns ones time in your life, Mr. Clay, when
not regarding this Bank indispensable auxiliary 10
your political rise, YOU YOURSELF dared 10 oppose
it, and that, too, upon constitutional gronnds You then
belonged to the Republican Party. After deserving lis
standard howeper, and when in consequence Of your
bargain with Adams, your great popularity was flown
alliance with this Bank, therefore, readily suggested
itself to your fertile mind the nearcs, and safest
to the Presidency. VIVA! il 10 Of your metal
the fact, that you had till then been opponent the
oil constitutional scru2les, An homes. would
have shrunk lron such alternative in disgnsta Ii
mid one wonld have tainted away IN despair. f0H, Mr.
(iGy did neither Endowed BY Nature with large share
OF what some people call c;cccrncsS, but which majority
uf mankind have agreed call Lra=ca ASSURANCE you
came forward at once, not hesitang 10 tell US, that
since you had become The sPcndiary Of the Bank yoGr
opinion of It's nncoas;itu,ionalty had undergone
g chanpr ar he
r;t Of yonr d;eam" "a golden drsam:) Great man !!
Nov although it is not only jus,ifab!e, bu perfectly
rgh for statesman tn change his opinions questions
of public policy, involving erpciicncy only, CANNOT,
perceive, confess upon what possible grounds he
he justified in changing his constitutional opinions. 1t
does seem to my mind, sort Of political axiom, kot
,chacrrr IS unconstitutional 10 day must tc equality
thousand years hcqcc long The Constitution Itself
cadgrcs. Can i, possibly be otherwise OUght it be
otherwise? What are Consti;ulions?-They are funda
mental laws; they are hSed !ayolac regulations rnbr
dying h-t principles whereby people nrdain tha, their
Government shz be limited and controlled. CoEs,itu
iions designed oxide public agents and % be
gudcd by them governed by the changes sentiment
which prejudice or interest may induce them TO make
Come forward then ;hou rirtuouS &ac.Ran; thou most
consistent P0tctdR thou Patriot as Sp0cSS as The trHc
and 10! and behold your own identical opinions, on the
subject Of a National Bank publicly delivered in Con-
gtess, in 1911 and in 1898 =!
Errat ETA Speech dclirercd by Henry Clay in 1911.
This vagranl power TO erect Bank, after having
cnngenal spot wherein TO fasen has been located
by the gentleman from Georgia that provision which
authorizes Congress to lay and collect taxes, &c. In
l the power ls referred TO part OF the instrument
in 1911 TO another Sometimes it is alleged 10 be de
duco!e from the power to regulate commerce. Hard
pressed here, 1t disappears and shows itself under the
grant to coin money! The sagacious Secretary of the
Treasury, III 1871, pursued the wisest couTsehe has
taken shelter behind general hg sounding and impos
ing terms File has declared, in the preamble the
establishing the Bank that ii will be very conducive to
the successful conducting of the national finances will
tend 10 give facility to the obtaining Of loans, and will
he productive Of considerable advantage to trade and in
dus,ry in general No auson, whatever, is made the
collection OF taxes What, Sir, is the nature Of this
Government 1t is emphatically Federal, vested with
an aggregate OF specified powers for general purposes
conceded by existing sorcrctgneS who have themselves
reserved what not conceded II is said that there
in which il must act implied power. This
is not ccnroverled; but it must be implication obv
ously flowing from the enumerated powers with which
it is allied The power 10 charter companies is not spc
Cited in The grant, and conlcnd is not OF nature ma,
transferable by mere Implication II is Of the mos,
cracd attributes 0f sorcresnty In the exercise Of tins
gigantic power, we have seen an East India Company
created, which has carried dislnav, dcsola'ion and
death, throughout Of the largest portions of the
hsoable globe. company, which is Of itself
sovereignty has subscribed empires and sci
up new dynascs, and has not only ulnde war, but
against its legitimate sovereign Under the inu.
of this power, We have seem arise South Sea
pany and Mississippi company, that distracted Ind
vused all Europe, aud threatened total overthrow Of
ali credit and confidence, and universal bankruptcy is
i, 60 be Imagined, that power rast would have been
le by the wisdom Of the Constitution to doubtful intc
rencc II has been alleged that there instances
in the Constitution where novels, IN their nature Incl
dental and WHICH have necessarily vested along
with III principal power, are nevertheless expressly
Enumerated; and the power 80 make rules and reguls.
tons for the government of the land and naval forces
which, 1t said is incidental TO the power raise ar.
mics and to provide navy, is given example -
What does this prove? How extremely cautious the
Convention were to leave little possible to inpica.
ton In ali cases where incidental powers acted upon
dental n5we on fT,'.ke Of common nature The Incl
TO The end proposed to Be- Sfis.y subordinate and limited
In other words, under the specified power.
object which is specified the power implied ousEr Hone