Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1838-02-28

stpa VI ~ Dduhs Ub1 49,
first attack on the late Bank Of the u.
States. How modest" he exclaimed,
g IS this passage but yet IT IS the
first sound of the bugle which called
together the different elements OF that
army with which President JACKSON
afterwards carried on the war with
such implacability !" The design, he
maintained, was here Swallowed out
But the people did not take the hint
So the President in his next message
more boldly ayowed his purpose, and
proposed plainly 10 organize an insti-
tuition to be administered and CONTROL.
cd by the Treasury Department. Still
however, il did not find tho favor that
was expected and in the message of
1891 he again recurs to the subject
refers 10 his former remarks upon II !;
and urges the establishment of such an
institution again on The consideration
Of Congress. In his veto message al.
so, he reviews for the fourth time the
opinion ofihe practicabllity of creating
it as the fiscal agent Of tho govern.
ment; and chides Congress for not
calling on him for his project OF such
an institutions. Mr.. CLAY quoted the
remarks of the late President, and they
certainly fully substantiated his first
position.
He then took up his second and
third proposition and treated them to.
gether. He adduced from the MESA
ges Of Presiden. JACKSON evidences OF
his intention to destroy The State Banks,
and overthrow the whole credit svs.
tenn of the country. In the message
OF 1884 the first idea Of the divorce
was preached, and IN that oil 1885 war
was openly declared against all corpo-
ratons---agalnst what he calls all mo-
nopoly the President dwelt upon
what he termed the mischievous re-
suits which had flowed from these mo-
nopolies and corporations. In these
messages, too, were first Swallowed out
oil the doctrines of hard money, exclu-
sive specie currency, the constitution
al currency, &C., which have since
obtained such vogue with the party.
Mr.. CLAY then quoted from the
Farewell Address OF General JACKSON
for the purpose Of illustrating still far.
Their the truth that there was a settled
design to accomplish the destruction of
the entire Banking and Credit Sys.
tenn.
These extracts plainly show that af.
ter the destruction of the National In
stitutions, the war was instantly begun
against the State institutions and the
Senator commented with
force and spirit on the dit.
ierent parts OF the evidence.
He then showed how injurious and
pernicIous had been the operation of
the Treasury Circular, which was is
sued for the purpose of making the |
Government a competitor with the |
Banks in the purchase Of specie, with |
the ultimate object Of bringing ruin on
the latter.
In connection with this part Of his
subject, Mr.. CLAY alluded with great
directness and effect to the motives Of
this crusade against the institutions of
the country. As far as General JACK
SON was concerned, he believed those
motives nigh, be found in the egotism
and vanity Of his character. When
he found himself elevated to the CHEF
MAGfsrRAcY, he took the design to
venture every thing-to change-to
re-touch--to .moddle--to stamp, if
possible, a new impression on the poll
cy and Government Of his country
Mr.. CLAY referred to some examples,
OF a similar ambition in different his.
torical persons.
He instituted n comparison in this
respect between the late President and
the Emperor Napoleon. He spoke of
the vanity of the Emperor's ambition
IN having images, and other memoir.
ais Of himself stamped, which were
picked out, obliterated, and destroyed
in the subsequent reign of the restored
Bourbon. But (he asked in an i'm
pressIve manner) when will the traces
ANDhBN JALlAoON w liiC IINll
Administration of his country be eta
ced 7 Years will roll by before Amer
lea ceases to feel the consequences OF
his measures before Amerlcans-A.
merican society shall be restored to its
former purity and worth.
MIR. Cray here introduced an inter-
estiug account of his first acquaintance
with Gen. JACKSON IN lSI5-I6-of
their non intercourse and estrange.
ment in consequence Of his remarks on
the Generals conduct in the Seminole
war-of the renewal Of their inter.
course in 1924, and the continuance
of their intimacy until that day when
he gave a vote between the General
and Mr.. ADAMS as candidates for the
Presidency; and when instantly
farce war WAS deeln reI AGAINST him