Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1838-07-06

result of specuIations that may have taken
place based on the siege of Antwerp and
the blockade of the Schedt."
SPEECH OF MR.. SEWER,
OF Arkansas, in reply to Mr.. Allen, Of
Ohio, upon resolutions calling for infor-
nation as to The debtors TO The Banks in
Tie District Of Columbia, their o0iciaL
station in the Government, Sc.
Mr.. Sever said that for the last ten years
no subject in this country, so far as his
knowledge extended. had been SO complete
ly exhausted in the way of argument, and
want Of argument, by politicians, by editors
by smatcrers, and by party hacks, az the
everlasting topic Of banks and their abuses.
The Senate, | think, (said Mr.. S. will
bear me witness. that for that length Of
time, at least, the public have been permit.
ted to think of but little if anything else.
Sir. it has been a bank fight all the time
Having arraigned. tried, convicted, and
hung by the neck. as a felon, the Bank of
the United States, and having no other
Caesar to encounter, we are now to be led.
it seems, into crusade against the local
! banks of this District. Yes, sir, upon the
question of e-chartering a half dozen
banks in this District, with capital Of
about million and half of dollars, it seems
we are to have full discussion upon the
policy of banking that we are TO be en-
tcriained with violent harangues about
bank gods and bank monsters, and bribery
and corruption in the members Of Congress.
These are the "raw heads and bloody
bones," the windmills that we have to en-
counter and FOR what purpose' We are
to reject the applications for these charters,
it is said, or cucumber them with such
onerous conditions that the stock holders
will not accept Of them, in order, as we
have been told, that we may give the States
q sanitary lesson upon the subject of bank
| ing. 1t Is desirable, it is said, to make
these charters a model, an example for the
States to follow. a model! An example
for the States to foiio1D! Sir. have any of
the States solicited our opinion on this sub
ecl' Have any of them asked US for mod
els or for examples for them to follow?-
Have they asked us to think for them TO
revise, critcise and condemn their legisla
tion' No. sir; they have asked no such
things at our hands. They want none of
our advice, for many OF them think that we
have already usurpcd many preroga'ives
rightly belonging to them; and. in my
opinion, they are not disposed to submit
quietly TO any farther encroachments upon
their sovereignty by US. 1t is possible that
some of the States may be so contiding, so
tame and submissive, as to follow implicitly
the advice and orders promu gated by their
Senators from this Chamber. But think
| can answer for one little gallant State.
who carries the game cock, among ~other
7 devices, upon her coat Of arms, that she
W i'll never submit to any such arrogance or
usurpa,;on she never will so far degrade
herself as to permit her Senators, with i'm
puni,y, to criticlse, revise, or condemn her
legislation. She wants no advice, or eX-
amples or models from her servants. She
: herself will judge of the proprlety Of her
own legislative actions.
, Admit that the States have acted indis-
! crce,ly, does it become us, who are their
, creatures, to taunt them for their mstor-
, tunes, or chide them for their want of WIS
dom. No, sir for one am for shaping
, my legislation here to correspond to the
, opinions and wishes of my State, so far a.
| understand them. am not for seal ping
f and tomahawking the local banking nsitu
j tons. On the contrary, am tor fostering
5 and protecting them as far as generous
] liberal policy may dictate. | do this lha
1 the States may fully understand that WI
S are not only not hostile, but are friendly Il
e their banking institutions. l do this, sir
S to heal the breaches that have been mad,
t in our party ranks; to regain our lost con
I; fdence in the public estimation; and, more
n than all, as believe the true policy ant
] interest of the country depend upon 1t, DE-
j. this to preserve the ascendency of the do
o mocracy Of the country. ! believe, sir. tia
the false impression IN the public mind
d that we are hostile to the local banks. ha
s been mainly the cause of our late potlca
d disasters. We hare been beaten IN nearl.
y every quarter. Waoie States hare left as
% And If this false impression is still enter.
a tanned, Icpnsider that zoe have witnessed, no
g the end, Sht the beginning Of our dJeats
;, These are my impressions good, OF course
y only for what they are worth. 10 see ou
= party once more united, to sec them agall
J. victorious, am prepared to make any sac
d riGce short of principle, OF duty aud o
a honor.
!, The Senator from Ohio has introduced
@ his string of resolutions, which ! am no"
considering. with the double view OF des
" troying the banks and OF proving that TN
}. friends of thuse institutions have been brlb
o ed into their support OF them. Yes sir
Is brlbed -b'ibed into their support OF them
l. He wished TO conceal from the people HI