The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1838-04-27


States. The change was ~rough, by the sad aud
disae,rou. experience OF the want OF such an insli
tuition growing cut of tho cslamities of war. 1t
vas change which made in estniuon with Mr.
Madison, two Governors OF Virginia, and the great
body of that Republican party 10 which have ev-
er belonged.
! No cir, the Senator from South Carelina, is free
i from all rsprsach of sticking to hobbies. lie was
for Bank of the United States in 1916. lie pre-
posed, supported, aud with his accustomed ability
carried through the charter. He sustained II up
on the admitted grounds of its conslitutioualy, Of
which he never once breathed the expression OF a
doubt. During the 20 years of its continuance no
scrupls svsr escaped from him to the power to
create IL Ard IN 1884, hen 1t was about to ex
piIe, he deliberately advocated the renewal OF ils
charter for term Of tselveyears more. How
ever profsund he may suppose the power of analy
sis 10 be, and whatever opinion he may entertain
of his own metaphysical faculty, can he imagine
, that any plain, practical, common sense man can
ever comprehend how II 10 constitutional 10 pro-
loag al unconstitutional bank for the space OF IL
years? He NAV surround such proposition with
as many circumstances and conditions as he pleas
es; ne may dress ii ny and decorate II with as
much srapery, and encompass 1t with as many
distinctions and qualifications as his ina, inatioa
can invent; IL comes At last to this Bank OF the
United States is constitutional or II Is not ltit Is
unconstitutional in its origin, 1t is unconstitutional
throughout every subsequent stage OF It's existence
And ii Il be admissible To continue such uncon-
siutonsl institution tor ene term Of twelve years
I i, may bo continued another aud another term, 10
the end OF time.
The distinguished Senator sticks long 10 no hob
BY. tie was once gslly mounted on that OF lnter.
nal improvements. W c rode that double, the Sena-
tor citing before and ! behind him lie quietly
slipped Of, leaving me 10 hold the bride. lie IA
irodnc,d and carried through Congress IN lel6,
the bill setting apart the large bonus OF the Bans
OF tins United States toi internal improvements
HIS speech delivered That OCCASION does not
Innate the smallest question 10 the constitution
al power Of the Government but proceeds upon
the assumption oG lts being luconteslabe. W han
he was subsequently IN the Department OF War,
he made TO Congress brilliant report, sketOhln,
as splendid aud magnificent a scheme OF Ia;ernal
la proyemsnis Tor tue sntirs BslI0a as ever va
presented 10 the admiration aud wonder OF maH.
Kind. " here Is he nov For myself, am Jasl
where WAS Thea, a. to The existence OF The i-os-
or, although am Silhng 10 admit that III, altered
condition OF the country has lessentd the degree
OF Necessity Tor It's exercise Durng the prog rsss
OF the land bill, II Gay be Remembered that said
-" Pass this blli, anG you viii .orever settle the
power OF the Government over internal llapruyr.
meats" Although that measure unfortunate Is
failed, Tor reasons ALREADY stated, there Is IL.
lie or no occasion for the ard and inter position 0,
the General Government B1I the power 'ctnall.s
IN the Constitution aud If II DC not practcali, ex.
ercised, 1t will be lIAe other dormant powers con.
tanned In the sams instrument And IN respect
to the power 10 protect American industry, II Is
just as much now in the CONSTITUTIONS as 1t vas 10
1916, when the Senator from South Carolina e..
poused the policy With much zeal and ability
a ed n va "a I'D he
commencement Of the Government down 10 so
or le22, when tor the first time II was con,royert.
sd. UHdeF It's benencent operation, thousands
have been enabled 10 obtain a competency, many
10 acquire wealth, who otbefW lse would NJ yer
have kao~n either. No patriot heart car tail TO
expand with etultaiion at the blessings which It
has ciifused. Ii has placed Us 10 rquas conprt.
tOn with some Of the Powers most advanced IN
civilization; and IN spite Of all that has been IN.
sIclOusly done sgafnst that interest, and which is
still doiag, our cherished manufactures vii,
trust, stand up and MAINTAIN themselves sgan.,
tbs unnatural hostility 81 home, ans ali jealous
( rivalry abroad.
! The senator from South Carolina gegs tired Of
his hobbies too The whole country was I'll.
led Win just alarm al the fearful strides OF E1ccu-
avs power and 1udsing from The tone Of the Scna-
tors speeches, and lhs stfsnuoo.ness Of his exer.
lIons, no oDs was more aBxia than lie, but lsp
short months age, to reduce II Within safe and
coGstllullsoai limits. Bul he suddenly goes over
10 party which maintains TO the yery letter the
whole extent Of the power ever claimed by the Tx.
ecutiVe DepartDeat--ulsi utlIns that m free N.
te!igeni, and responsible Government, every SUB
ordinate Executive officer Is bound naphctly 10
sbey the Will of the President, and that 10 may
exercise al his discretion this Tremendous power
ol dlsmissIon, not oO!y Without assigning reasons
bat "iihout the smallest practical or available re.
sponslbliIty for It's exercise. His efforts have moi
onIy ceased TO restrain aud circamscribe the pow.
er, bat be supports measure which will give 10
!. vast augmentation. | fepca, what have 50
often SAID, that If this Executive bank is 10 Be
sanctioned BY Congress, II ~Iil be The utter Dc.
str0ction OF all other banks ia The country. We
shall have, in fact, ultimately but ono bank, aud
that a Treasury bank, exclusively controlled By
The Executive, emitting all the p,per mediu4, IN
cncu!aison and amasslng aud boarding tbs great.
er part OF the specie Of the csua,ry. We shall
have, IN abort, that perfect us0n Of the ord and
the purse, which all real patriots have ever 20
much dreaded ! think shcn the honorable
Senator undertakes To establish his own c1nsi.
tenoy, he assumes an Hefcuoan task, beyond bi.
powers great and gigantic as he believes them TO
DC. lie may have all the speeches he has ever
osliVsred read 10 " 10 an audible voice by the
Secretary, and call upon this Sega,a atlesIiyely 10
hear them, beginning with h,s speech 10 favor Of
BANK o the United State. 10 1916, down 10 his
speech hGAlssr Bank Of the Ualtea States, de.
H'sred NE other day. and he will have made no
progress ia bis task. do no, speak this in any
unk'rd spirt but ! will tell .he bsnofsble Seoa.
tor when no will be consistent. lie wiR be- So.
when he resolves benceforsstd, during tho te.i.
cue oil lbs lite, never 10 pronoaHcs the word again.
We logan our public career nearly together; ue
'en,s'"e0 togt'neF throughout the war and down
10 The peace We agreed az 10 Bank of tho Il.
nhed sisle'-ss To protective tarff-as 10 In.
ternal uproyeBicHts-and lately IA 1, tho..,,k, .