The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1838-05-04

b,, 4 wss impossible then 10 make il, and II would
have bs,n tsllewed by nsthing hut disaster. Tho
S,ust.r say. the separation already exists bul II
is only contingent; whenever the banks resume,
The come ion will be legally restored. In 1854
| ob,eclts to the SUB Treasury project, and l
tb,ught II not as safe the stem now bsiors u.s.
Hut Il turps out that Il more safe, as appears
from the argument OF the Senatsr from Delaware,
M. BayarG1 | was then under the Impression
that the sanhs were mere sale, but II proves OH
srwise.
Mr.. CLAY said il the Senator would review
his soseeh again, h. would sSe there plain aud
explicit denunciation OF a Sob-FreasuTy system
The distinguished Senator from Snuth Carolina,
i had almost said my friend from South Carolina,
so lately and % abruptly has lac bursted all amt
cable relations hstwsen Us, independent oil MS
habit of change, | think, when be hnds into what
Federal doctrines and FEDERAL company he has
gelten, he will be disposed soon 10 feel regret ana
10 return 10 u.s. has net, am persuaded, ~slghed
sotficisp,ly the import Of the unklnd lmPutatiGns
contained ia his Edgtfe!d letter towards hs for.
ner allles-impulaiions tha, lhsir principles are
dangerous to our institutions snd OF their eant OF
6rmosss and pa,rletism. have read that singu
lar stter again and again, with nexPre'sio.e sur
prise aud regret, more, hawevsr, II he VIII allow
me TO say So on his own than en- cur account
Ii undoubtsdty true, Mr. President, that the
sudden destruction of any unconstitutional system
or measure which has been lOns ia operation,
may lead 10 serious 1t not runisus consequences.
But that cannot alter at eli the question si consii
tulional power. II pfseticAl Inconvenience can
authsriss you 10 Proleng an unconstitutional sys-
ten, il may Justify It's creation end then oil con
stItuuonal authority will be merged IN cousldera.
lions Of eIpedieRcy. With respect TO the Sena.
tors observation that banks are the natural allies
Of the protective policy, aud 10 lavish expenditures,
beg leave to oppose FACT ~ his theory. HE
banks are generally owned or controlled BY the
mercantile clsss and that class was always opposed
to the protective policy. We found II our NEST
formidable opponent. The merchants we're Ia ia.
yof of the foreign uase, and were unwilling Ia
see any OF lis sources dtled up. Break down eur
manufacturers anG cur IDPeIeatIons would IN
crease, and must continue 10 increase - long as
We could ins means 10 pay for them. There afs
some NE rchaHts who, Ike the Senator from North
Carolina, Mr.. S,rangs,) and ny Lord Chatham,
| believe II VAS wished that not ho6nat sasue
, 10 made IN America. The merchants, too, wsts
geastally opposed to the ale war, and, andosb,sa.
w., seasons Of peace are most favorable to eoH-
mereial enterprise, as ihsy are 10 The haPpiuess
and prosperity OF communities.
/ Mr.. President. | am done; and sincerely hspe
Z thai the adjustment 81 the account between the
Senator aR3 myself, Just made, may be as .ails-
! aelsry TO him as assure hIm ana the Senate Al
Is perfectly 70 10 me.
Z M. CALHOUN. | have more to say, bat III
fore.ar, as the Senator appssrs dssiroas Of having
/ HE last u0rd.
\ Mr.. CLAY Not at an.
\ The Senate then adjourned