Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-07-09

neht from this Gnholy alliance Of the Government with
inc BANK, will irown with appalling indignation on eve
~ patriotic disposition 10 disturb il; and will loudly ce
ieoIoie ~ prophetic strains, restoration OF The reign oil
Puclic glory aud felicity.
An eminent spokesman, who figured the public
stage advocated The lale Bank OF the United
stntes aud voluntarily retired from HE blaze OF glory Ia
the peaceful shades Of private life has lately warned his
counrymen against the incorporation Of ano her Bank
81 VIII not disguise my opinion, that Bark OF The
OhPd Sa,fs established under the most favorable cir
cn'hstances hnwever perfect as regulator Of the cur
cency, Is liable 10 brcone very dangerous institution IN
The hands o: the Federal Executive. Bot what cuud
necessarily be The character OF such Bank Of fifty nil
hons, established in New York under the present cir.
cums'ances Of The country BANK BANK is clear.
~ ne ISSUE whh Is to dtede the Presidential election
ann tore detided By IL Such Bank would be unagot
ably mere engine in The hand of the Edant party,
a Tremendous instrument of power and mischief, thus
created and thus divided. :"
invoke, too, the attention Of my fellow citizens 10
The financial opinions of another statesman from
the same Jerax agtr gn0rum r!rorum The lempe Of
Mr.. calhoun 8 mind is CONSTRUCTED on The Composite or.
der OF archItec.ure-where you find, in happy conbnn
ton, ife Strength grandeur and suhlimy oi the Doc;
the TASTE and refinement of The nnic and all the ee
gnn maghIiicencr Of The Cornhian style His private
character is 50 bameless and pure that 1t is painful 10
recolect the reckless and me0sureless oboquy with
which his political motives have been loaded by the
cenafy myrmldons Of incorporated wealth. But cold
and shallow souls cannot comprehend the resoute
u
he nobly dsres ibera,e the freedom of his country
from The thraldom Of banks They may combine 10
make this proud pillar OF their counrys glory and in.
dependence i0tpr 10 lis fall and 10 sci
sope paIlry stuf-some rail, ngiorious tenement OF
clay. But let Them remember the wild and furious tor
nato, that lifts pigmy 10 The summit OF Chmborozo,
leaves him but pemy still: and liz the awful ieroci
~ OF It's progress may sweep down The pyramids Of
Egypt into The valley of the Nile; but The colossal gran
deur OF The columns. must still be there.
On the 18th September, 1887, Mr. Calhoun addressed
the Senate on the bill 10 authorize The issue of 1ea
sury Noes-adveIed 10 The conflict that had arisen be-.
tween branch Of the Government and the U s Bank,
and said che could not consent utter what had occurred
to give TO the bank triumph the Government for
such its adoption the fiscal agent OF the Government
would necessarily be considered /, would degrade The
Government In The eyes OF citizens and of HE world
and 60 far 10 make that bank The Government itself-
He belonged 10 the Stale Rights party, which at all
times from the beginning of the Government 10 this
day, has been opposed to such institution
suilonal, inexpedlen, and dangerous They have
dreaded the union OF the political and moneyet power,
and The central action OF The Government 10 which il
strongly tends; and all times have slrennousy
sisted their junction. Time and experience have
hrmed the truth of their principles and this above all
other periods is The at which it would be most can
gcrous 10 depart from them. Acting them, lie had
never given his counenance support TO a National
Bank but under compusion which he felt 10 be impe-
rous, and without open declaration Of hs OPT
Mon unilvorable to a bank.
ar supporting the bank of 1916 he openly declared
that question de moro he would be decidedly gains,
the bank and would be the last give il his support
he also stated, that in supporting The bank them he
yielded To the necessity Of The case growing uf the
then existing and long established connection between
the Government and the banking system. lie took the
ground at that early period, that so long the
existed long the Cove received
and paid away bank notes, money, they bound
regulate their value" ale found the connection IN
existence and established beorc his time and whch
hao o,,iI haua tto I'D Tho
order The disordered OF the currency,
which had fallen exclusively under the control oil the
S,ne. He yielded 10 what he could not reverse, just
any member Of The Senate would who might belieyr
that Louisiana was unconstiluonay admitted into the
Union but who would nevertheless, feel compelled to
vote to extend the laws to that State of It's
bers the ground that its admission act which,
whelher constitutional or unconsuona he could not
reverse
'ln 1884, he said he acted The principle, in
proposing the renewal Of the Bank charter for short
period s object, as expressly avowed was TO use The
Bank break the connection between The Government
and the banking system gradually in order 10 avert the
catastrophe which has betalen US, and which he then
c arly perceived But Me xinn which he belle d
be rreversble in 1916, has been broken Ivy ope
ration OF law. IL is now open question. lie ielt
himself Free for the first time, chouse his
that important subject, and in opposing Bank. he acted
in conformity 10 prncip pies Inch he had entertained
ever since he had fully investigated the subject
Here Then is the historic account and The coBcnrrng
or eminent men VINO aced IN lhe scenes,
10 confirm The assertion that the Bank of The U was
only financial agent, but political machine in
the service of the Government and that The advocates
OF lie Bank plainly intended il TO be such. and that il
must necessarily become such under any Administration
IL the settled determination of the opponents OF Pre-
sidenl Van Buren,. agAn To organize If they can, this
Fedora engine of Stale, perilous to Republican free
dom-to invest il with Fictitious and fraudulent import.
ance-and 10 bring il into our political contests with no.
vel and enlarged capabilities, aud accelerated action in
every one.
Let no man aspire to Presidential honors now and ex.
pect The appreciation Of the great National Wig party,
who has no, firmly and cordially resolved 10 advocate
National Bank.
This party supported John Quincy Adams. The Bank
candidate and made him The President in Ic25, in de.
tance of the public will And, in 1886 the mighty
champion this party relied on 10 bsle Mr.. Van Bursn
gu, Of the Presidency Gen VIM. Henry Harrison,
oiher Bank candidate, and warrorsatesmsu, tool!
brought forward and supported by The very politicians
who had just before denounced our military chiellans
rs incompetent civil rule, and dangerous TO the
sna repose. And surely two rivals FOR The public
appreciation better fitted by their principles and
duct 10 represent the political parties 10 which they
pecvey belonged. Gen Harrison is genuine scholar
OF the old Federal schoo-lhat school, in which Hanil-
and Pickering and Marshall and Ames, graduated as
distinguished alumni in the political sciences OF the day
in former times, this gentleman member 81 the ID.
of Representatives, and approved the objectionable men
sures that dismissed the Federal party from the public
confidence And in elaborate Speech which he deli.
vered al Chepot, in Ohio, on the 4ih July 1913, and
which was written published pamphelized and widely
circulated for The benefit OF after limesle re- asserted
and promulgated afresh The early, formidable canGns OF
bis political church-advocated the power oil Congress
10 incorporate National Bank-the control OF the Fr.
de,a Judiciary the other departments Of the &c
neral Government-ihe power OF that Government TO
foster and protect domestic manufactures by the iposi
ton OF onerous duties The importation Of foreign
poods and merchandise into the U s. and 10 carry
internal improvements through The various Sta's on
the resources Of the national purse-warmly approved
and adopted his own, the exlravagant Fedora! doc.
t,ines which Mr.. Webster delivered in The National Sc.
nate. in 1885, in support Of The memorable Proclama
lion Of the 10Th December 1899, for The collection Of
the public revenue South Carolina; rated the glory
and Importance Of that Presidential manifesto far above
The worth and glory Of victorious laures in The bn,
lie Of Oreans-and expressed his ardent soc'tnde, tina
the several States should consent 10 appropriate the
whole surplus Of the General Government 10
purchase and ncipaton Of every slave on which
the North American sun is allowed 10 shine.
Such really were, and continue TO be, the political
opinions Of Cen Harrison; opinions boldly and gra'ui