Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-03-14
General Assembly OF Virginia.
ELECTION OF SENATOR


Remarks Of MI PElIO.N Of ROnnohe and Gott'nrf' IN
rrpiy 10 Mr.. Langhorne Of .Norf0k r0u"fy amt IN rn
d,cauon Of The consistency ard RePubtcantsm y inc
Conservatives
MIR. PEYros seid he gralied that the decision oil
The House had opened the way for him; as the assault
which had been made upon the Conservatives by the
gentleman from Norfolk made il desirable that some,
thing should BE- said in vindcaOn OF their position ana
principles. Mr. p. said, that after nominating Mr. kIves
he had determined 10 participate even IN the guerilla
warfare, much less in the extended ana dScursVe De
bate growing on! OF this exciting controversy uhess Ills
political friends nssalied IN manner Offensive l"
proper self respect and demanding arepy. vi ns cha
racter in his eptDn, said MIR T were the ohseTva
lions OF the gentleman from Norfolk, (hlr langhornr)
and SUCH required that they should be met u IN The
face at the very instant, before they were forgotten
That gentleman, said Mr.. Pryton, after cafeer'ng
through many visionary speculaons with strength OF
VIM worthy Of the luest and sublimes flights, al last
daTtrd with falcon rapacity upon his prey-I poor
Conservatives, no were gazing in unSispectIng ADM
ration upon the intellectual gyiali"ns OF the gentleman
utterly amazed when they found themselves the
devoted victims of his wrath. Not content, Mr. Speak
en- with pluous illusions to their numerical weak
NESS he had mpugned their integrity, IN charging that
they pretending to favor wing principles 10 secure
Wing support the election of Senator, when IN fact
they had not the slightest intention OF abandoning The
Administration matchmaking with the oPpos!tiUn-
(llrre Mr.. Peyton repced with great warmth Tie I'm
putaon upon The Conservatives lie assured The gen
enan from Norfolk that lie had wholly mistaken lhr
moral well the political composition "l inns small
band if he supposed them capable OF pretending any
thing which they did feel, afraid 10 avow anything
which they approved. Mr. 2. said that their position
disconnected with, and independent OF, all parties,
and he felt that due 10 candoui ana 10 seliIt'
spec that be should dsavow their part, all the false
motives and surreptitious influences which had been
urged controlling their conduct IN this controversy
We have neither said Mr. F., deprecated the assaults oil
old political associates, nor have we sought defence
and protection under Wing power and wing alliances,
nIgT,Ip
sure with v ch it is said are threatened. We stand,
Sir and undIsmayed acting under hfm ana add
ing confidence in our consistency as Republicans ana
under deep and thorough conviction that the PreserVa
ton of those principles depends upon the maintenance
our position with resulue and unillnchIng 1rmness
We, Sir said MIR Z have looked upon the financial
questions which have agilaed The country tor years past
questions Of magnitude and I"poTtance ana M
voving small degree the prosperity and happiness
of this great nation. Entertaining these sentiments,
however strong may have been our party attachments,
and however 10th we may have been to separate from
those by whose side had been battling 81 long and so
successfully felt that as patriots we had no aeTna
tive Occupying n position which, IN the violence o
marty excitement had been denounced by the Wings.
and which Is abandoned by much the larger portion
of the Administration who formerly supported 1t, We
must have been blind not TO have appreciated The *
posed and perilous condition of the position which "e
had undertaken 10 maintain. We did inresee all The
Disadvantages and difficulties, said MIR. T.; but, INSTEAD
of being d>hcarlened and alarmed we lett ne'Yed aud
encouraged by the weight OF responsibility which Fesed
upon Us.
Mr. Peylon said that having accom- pishrd the object
for which he rose he el disposed to redeem his pledge
by taking his seat; but some facts III our financial
history pre- ssrd themselves upon his memory al TINS
time which were OF interesting and Instructive char
ac,er he would occupy the attention OF the Assembly
for ie mou,enrs longer He said, that wenrcd he
was and as he believed the House TO be, with discus
sion that seemed 10 be almost nerninnhle he would be
as succinct consistent with PCTsi'rui'y.
81, MIR PpU al uur nnlIt
slcw that the Conservatives. IN advocating the State
Banks as repositories o! the Federal Revenue, are act
ng IN perfect accordance with the Republican doctrines,
"A taurht BY their luslrGus pxpnundrr Thomas Jerr.
SON. when Government was first settling upon lis
foundations and in exact conformity with the practice OF
his Administration 1t will exhibit his beloved success.
sor the virtuous and incorrupb'e Madison manlnnrg
The same doctrnes-and what with many persons. said
Mr. Pevton will be still higher authority, 1t will present
Genera! Jackson the bold and ardent and uncompr"
missing advocate of The principles and pulley ct these
disl.n gushed Republican administrations,
One of the first questions OF interest and magnitude,
was the right claimed by the General Government 10
Dcorporae Bank Of the United States From the time
the Constitution was adopted until l'9l whe" me scheme
Of great National Institution was first seriously enlrr-
Parks whose efficiency and fidelity had been in
the slightest degree dstrusled Under these clrcum.
stances when the constitutional question was referred
By Gen Washington 10 his Cabinet for their advice, The
Secretary of the Treasury (Gen iamIIton) the great
head Of The Federal party maintained with his accus-
Toned ingenuity and ability the right Of the Federal
Government to exercise the power IN question as an
incident necessary the carrying out ehrc'rey some
of the powers expressly conferred The Secretary OF
State Mr Jefferson, whom The Republicans acknowledge
40 the buhest and mos, orthodox authority upon these
matters argued that there as n" necessity '" establish
inc Federal Bank fiscal agent OF The Government,
bpcaue the State Banks would make satisfactory arrange
mcns for that purpose, transact Inc business wei
,o5, tod on all hnD Ia n
roncv was very important If not lndispensably neces-
snry-and the fact that the State institutions were en
reIy adequate TO complete and satisfactory manage
mpnt of the Federal finances, was rrifu upon as th
,oroos, aruumen to overthrow the very plausible and
ir,snIious c1ncus in favor Of a National Bank, de
duced from the idea of It's being necessary u proper
management of The National Exchequ'r hlr Peyl"n
said that he might remove every suspicion That nus point
ca nrendices had unconscOusly led hun into the
sghtcst perversion of their legitimate import he would
road an extract from The Cabinet Opinion 10 which s
had alluded II is in these words:
{. The existing Banks will, without doubt enter inln
arrangements for lending their agency and The n"'
g ovorabv as there will be competition among them
FIR il: whereas The bill delivers up bound to the Ma
onnl Bank. who free 10 refuse all arrangenent bu'
on their terms, and the pubic not Tree on suc
- refusal TO employ any other bank mat o fh'a"e'
. mia believe, now does this business by their post
&c no,es which by an arrangement with the Treasury
are paid by any other Stale collector u whom 'h'y are
presented This e1pedient alone sgteeS 10 Pre1ent inc
existence IF that necessity 1ehich may Justyg inc GSSuP
ton of enumerated polosr as The means ~ curry
:" ing into effect an enumerated one me mtng may os
" dane and has been done, and reH DONE ntmo"t ms
assumption; therefore does not stand in that desree@
" necessity, uhich honestly justify Il.
These doctrines preached and p'acllsed by ms great
Apostle of Stale Rights, was PcrscVfrfd ~ ny mr rn
olson and met the appreciation OF that disi"gushe" IT,
nancier and republican. Albert Gal!an II was true
snd Mr. p that for long time after the war, when The
d. s. Bank had become rivsted upon usby twenty
years charter that political calm overspead me conn'
,ry and hushed into silence the arguments on his SUBJ
sc But 50 soon as the period for the expiration OF The
charter approximaed, and the question Of us renewal
became The subject Of discussion you find the old banner
unfurcd with the principles Of MIR Jefferson cabinet
advice enbIuzoncd upon lis folds and me wh"'e hepuo
Marty v;,b Gen Jackson rs theft leader, rally ing 10
lis support BY bold and decisive stroke OF policy, The
nhIic finds ncte transferred from The UNITED states