Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-10-20

ID mt stc % % t5kc Il iron Government. L. Mott.
ns but gold saI silver C"In, shall be made a ten
der 600 payment, OF debts } On a careful eKsmlaa-
alu 70. Inst instrument, "a End tbs supposed clause
h' book nr hN caapk, or >ome other mage Iyl, that
sacr,b Instrument refused 10 read 10 >utt tie BJHb
gentleman; { te,uSed even % shaw the word cur
rCucy even jhat was uo where there to be launj
Tgsi On, and finally cSrle scTuSs Article Isl Sc
stu snd 81 clause
Tie Congress shall have power to regulate con-
megcc with foreign nations. between The different
Natts sud 1vjh the Indan tribes" llete the pro-
lite auagmatou ct my friend, hand bottom, IN
w,ach o. iarow out his so million Bank and erect a
peoprs') bunk,
Here tucu paper money IS suddenly transformed
into an article %! commerce. Now sir, had thought
that paper money, WAS only the representation Of
cHumrJcu~ commodities, snJ not Itself an article Of
csumelSc, aud used only for The purpose OF croua-
uGt commercial commodities, Which purpose IN ITS
te'tgr State DIES perform, a., except one ar'lclc,
arl that is The article of uuney Itself, lcOn) That
article paper money drives ont OF circulation, M
s,saa u' circulating ss other commodities, II gem
ugmcn wal not believe this statement OF facts and
Wit continue {, believe paper money To be- an article
%. commerce. | would b. glad that some Of our
catrrprsHg Bank NuAuers would Just ,rya foreign
make, with a ship. cargo U Mississippi shn pIas-
irrs, and other tdsemabe paper money, lam IN
C!ncG % believe MrPtrsldeut that the return car
~ would bcextfemev hight, 50 hight tia, 5 oid
ueWbe to see the SHIPS returning Ter fear would
see her ON her beam, ends, Iur want of q trt hs-
LAKE., t,r ! think Il extremely doubtful whether the
cusgo would purchase ballast ,f u,ounlsp rock,
or SEA beech sand,
Bl1pelt from testing: lfpaper monty ia q com
mefcmi commodity, and congress hasa right 90 10
mahe il, for the purposes stated hy the gentleman,
Nd ,tf l 81.
expand the ISSUES as far as Congress pl,ases, cur
tai pleasure and final. by the sole effort Of the
wi, Of Congress, abolish 1t altogether. Then my
.tsnis, upon the principles OF tie gentleman; cot.
ton. mules hogs hemp, tobacco, negroes Sc,
these we do not deny are commercial commodities,
all That may b. produced IA a state over aud above
domestic use, that Is the excess OF product are
truly articles Of commerce; by my friends
vague construction uj TIN, clause of the constitution,
what has he done tor his CHERISHED principles OF
States rights
tie has admitted morc he has claimed for The
Government Of The United States. he Constitution
al Iighr, t, grow cotton, mules logs heup, tubac.
60, and the negro lmstil--IIal an autoronslical
influence may be erected, to check the undue growth
of every commercial commodity that Congress may
deem undue, tand not the States lbBt produced
them) And We already see some Of our northern
ncDgbhors believing the article, negro, TO be ina tar
worse state OF expansion, thsn the article Of paper
money. II southern gentlemen wl continue the
use OF the constitution IN this way, they need not
be surprised ere long 10 the United States, Co
ytrument growing all, or part 0I the before men
toned ARTICLES oI hc purposes stated, aud continue
II too uutl The Article paper money is driven To rs
basis specie and the other named articles TO liz "a
SIS, Land and then sir, und, becomes, according Il
his mode Of rcasoulugl COMMERCIAL commodity
N d.. Eite Of heavens countermaudWg laws OF na
tore.
Sir, II would be far easier 10 derive the Constu
tuna power To create Bank rom the war clause
Congress has the right to declare war. MONEY
We know ~ essential Ia enforce the declaration, ana
si acknowledge that Congress may pass all laws
necessary ana proper 10 carry ntn effect delegated
pONrI,-aUd but FOR lnh.b'uons, here would BE- anl-
pie power The Constitution prov ldeS other Than
by making money! foe defects IA the Treasury 90
The Congress may borrow money ON the faith and
credit Of the United States" Or # il was certain
that Bank was an indispensable agent in tie sat.
keeping and discussing Of tie public revenue, It
would then bc necessary and proper To carry such q
power MIC effect but here again is q slippery oun-
daliun for Bank, IL having been proved b. actual
experiment IN our own country, as well as by past
experience in the best regulated Governments ia
Europe. TINT no such necessity exists. What is 10
neuer infcHdcd 10 be there at aH Here the Chair
informed me, that NY hof hour hod expired, ttat
being the hmt wIthout leaf to proceed, wherupon
asked leaf 10 proceed a bali hour more, II was
granlgdl Bat General Washington HE father Of
his country; Mr.. Jefferson the father of The Decla-
ration Of Independence, and d our republican priu-
cpirs; aud Mr. Madison be who trud the Rrpub.
lean road Of bis republican predecessors have each
IN time recognized the Constitutional existence Of a
Bank Of the United States, therefore it must be or
thodox.
Now Sir, il this were all the truth, the whole
truth anl nothing but The TRUTH naked and simple,
thcn indeed, would We have strong precedent for
Constitutional authority to re.estabIish National
Bank, preCtd ct, cnt'ied TO as much credit as pre-
Cedeul eau be.
Lctus then examine tie matter, beginning with
Gsnefai Washington, and The iirst Blnk OF Inc Z.
States To do which, Il btcomes uccessay To- take
D retrospective glance al the delegation tla com.
posed Ne conventions that was assembled Tor tie
purpose 81 digesling proper form Of Government
TOR us il tie year 1851 That Convention was
composed Of tie pat tols Of the reYolutnn, 70 be
sure, but sir, notwithstanding, they were not all
republicans OF them bod been foremost in The
battles Of their country, not because they preferred
ktpubucan Government. NJ, they admired The
B,4,sA Lonsltuion. Their revolutionary efforts
were Aul against HE lofn, but against he tyfanca
application Of tnal ionn to the American Colonies
" hist others opposed not only the Application v
tie Bat.h IOrm 10 u., but the form likewise. ThOse
who opposed the BRUSH form, were afterwards
known by the name oi Republicans, and .hJse who
favored ttal form were then called Monarchisls, al
forwards Federals, then Nationals, with which wing
gerry is now OF ato becoming SYNONYMOUS terms
alnce the late pufgauon ii parties. Tins after par
t. was ably represented ~ that Convention, and ia
bg tie wei known Alexander Hamilton. Mr, Eam-
ton presented % that convention his plan Of a Gyo-
ernn, n, which struck fatal bow at he STATE
Governments, il designed to abolish, or at least {
eal.t bic them 70, as 70 render them entirely nri
cicpi, mere petty corporations. He likewise sug
gtet,d that President should preside for life, Sena
lofs oi Af SC. The Republicans however succeed
ed ~ Their efforts, to Obtain by compromise, wha
We now have and consequently the recognition ,
tie sovereign existence VI The States, TO ne gr,a
d acoA3lu'e Of ther opponents. tie monarcinst
aud ller attempts To establish grand consoIldate