Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-03-24
FOR THE ENQUIRER,


To the Democratic party Of the State of Virginia.
The danger is not These the words of the pa.
o Pendle,on in the early periods OF the struggle be.
tween the Federal and Democratic parties, using these
terms in the applied to them some thirty forty
years past
II may not be amiss take short retrospect Of the
past in order that may be better enabled what
should be done at the present crisis.
Thomas Jefferson, finding that he could not give his
support 10 the funding aud banking system of Ale1an
der Hamilton rendered his resignation 10 the Depart
nent ef State. James misunderstanding that, in the
convention which framed the Constitution of the United
States additional clause TO the powers Of Congress-
vestng in that body, by express words the power to
charter Bank had been proposed and that this clause,
after three days ardent debate upon the special subject in
question, rejected po,ccr too dangerous be
ed in The Congress-with full knowledge of these iacts
made bis celebrated speech against the union Of Bank
loo Immediately bis return from Paris, elected
Governor Of Virginia by portion Of the same Demo
cratic party which put down this federal and unlimited
construction of The Constitution Of the United States
and successfully conferred the Presidency just
reward upon these three distinguished men, who had
had the rmness and zeal 10 put themselves in npposi
lion 10 their old and valued friend the great the immor
: tai Washington
/ recurrence to the history of these times will show
that it constantly alleged that the attempt of Ha.
milton and the Federal party 10 connect the monied
aEis!ocEacy with the Government Of the United States
BY Of the banking and funding sysems, and thus
The pleasure Of the Government the voice of the great
9ody OF the yeomanry might in very great degree, be
GENEROUSLY controlled whenever it suited their purposes
and moreover that the construction of The Constitu.
lion OF the United States which allowed the exercise Of
'hse powers the hand, and denied them ON the
oher formed the great landmarks between the Federal
and Democratic parties in their early formation About
this period was that Madisons Report considered
as The text book and "IMagna Charta' Of the Demo.
catc party.
A contest of nearly half century has brought the
very nearly to the same position on these points
onsthe mouied arstocracy Of the country be permitted
IsNe with the Executive of the U. States? Shall
~. S,eGue Of the United States, whenever it chooses,
=, s n'oned influence, by silent operation OF banks,
.,n,. ~ political object it may desire? Shall the
60 back 10 the construction of the Constitution
OF the United States Of the Conyenon which framed.
"Hu 's cope who adopted it. at tho time sohen they
adopted IT. W shall take the closes that have been
put upon sce' anu consider that sacred instrument
mere rope Of sand mere CLOAK n subserye oar
y purposes? Will the old Republicans ~ V;rgn;, hy
aV'sion IN their ranks permit the old Federal marty 10
avail themselves Of this division and severn The tr,
NO; ior one, 90 not aPP.ehend such esult-Ifonce
'he combination between Bank and State ia effected
whether it be State Banks National Bank flor The
distraction is merely nominal) it will take more thu,
nali century to dissolve the unhallowed union,If
@ union takes place. shall see the Executive of the
States regulate the succession to the Presidency at
pleasure If, on the contrary, this union of Bank
Hae is prevented, by regular course of judicous
sAsnon, by monthly quarterly reports Of the diff.
ae Officers Of The Governments to the disposition Of
be- ks aonal Treasure, the vigilance of the country may
live ~ awe and any improper influence Of the Execu
htSsuS Shsers thus promptly and instantly exposed.
the Republicans who do not wish to surrender
Feder.so OF the Government into the hands of the
i've Of The sHG Laudnarians rally around The E1ecu
to pressn, ~ his crisis: let them honestly endea
through ne nrs extension Of the Executive influence
A,uare ou non Of Banks and State Lei them not
ruIsr naO themselves this coniuncture par
8 f'' proposed BY the present friends Of the Ad.