The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1839-12-27
The WING & REGISTER.
DEMOCRATIC TESTIMONY.
Democratic TESTIMONY.


he so? Is national bank unconstitutional
in the eyes of this venerable law giver and
constitutional adviser of the President? All!
who has had the audacity to alter the Cons
titution lately?
The Republican Banner of late date fur
nshes some valuable "reminiscences upon
this important subject, which we take the
liberty of giving to our democratic" friends
We give it to you gentlemen, tree7grdt's
for nothing.
Mr.. Grundy was in Congress in 1914, be-
fore the late Bank was established, and was
warm advocate of the measure by congress,
We hope our Van Buren, friends will excuse
US for not publishing column or two OF the
proceedings of that Session, going to show
the force, ability and zeal with which Mr..
Grundy advocated the measure, and the tri-
umphant manner with which he opposed the
vague empty theories which few persons
attempted to advance ofits unconstitutiona
lity.
On the ID April 1914 Mr. Grundy of Ten
nessee submitted the following resolution.
"Resolued,, That committee be appoin
Sc ted to inquire into the expediency of es-
I" tablishing National Bank; and that they
" have leave to report by bill or otherwise"
Some debate ensued, but Mr. g., prompt
ly met and successfully opposed every thing
that opposed the Bank. she had aIacays
been in faror of a measure Of this sort and
entertained no constitutional scrnPles about
it."
The resolution passed and Mr.. Grundy
was placed at the head of the committee,
but the bank was not rechartered until the
next session of Congress.
On the 31st January 1918, at a public
meeting in Nashville Mr.. Felix Grundy wrote
introduced and advocated the following re-
solution, which, after some debate, were IN
animously adopted except one or two votes
upon the first and last ones.
E'RDsoIUed, That it is the sense of this
meeting that the late law passed by the
g Legislature of this state, in taxing Banks
&c to be established in this state, by an au-
ss thority other than the laws Of this state,
sc while the Banks established by the autho-
Is rity of the state are not taxed is impoIitic
% and unconstitutional.
ResoIued, That it is the sense of this
&c meeting, that the establishment of branch
. of the United States Bank at this place,
" would be beneficial to the institution, CRATE
&c full to the people, useful in its operation,
q and greatly conducive to the best interests
d" of Tennessee.
"ReSO ICED, That a committee of seven
& persons be appointed by the Chairman, res
sc peCtfulIy to address the president and di-
Sc rectors of the United States Bank, on this
" interesting and important subject, and re-
1" quest the immediate establishment of
E' branch of that institution at this place."
And on the 18th February 1918, Mr..
Grundy wrote the following letter to the
President of the Bank of the United States.
4 letter from Mr., Grundy to VIM. Jones
Esq. President of the United States Bank.
NASHVILLE, FEB. 18th 1918.
Dear Sir: From knowledge that some
acquaintance must have been formed be-
tween you and myself at Washington, many
ofmy neighbors have frequently solicited
me to forward to you a list of the names of
fit persons, to whom to confde the manage
ment of a branch bank of the United States
at this place. / have heretofore declined it,
nor should at any time have said any thing
on the subject, had it not been for the pWe-
rifle attempt of our last Legislature, to pre-
cent the establishment Of branch here al
together. The motion of ,Dlsich gaze birth
to that measure tOere selfish, the policy con-
trdeted, md the vie,Os of such men cannot
be liberal and IMPARTIAL. Any number, from
seven to thirteen, might be selected from
the following, and the choice could not be
bad one
Here foIEows the names of the fifteen
citizens Of Na8hpiILe.1
Those printed in italics are merchants;
the others substantial freenoldefs, and men
Of intelligence. A board of managers Sc
lscted from them would, in my opinion, con-
duct the affairs of The institution with abiIi-
~ and integrity. Although you and the di-
Tectors have direction as to the number,
between seven and thirteen, would sub
NIT to you the propriety of the largest num-
Der. 1t may have an effect in keeping down
that spirit of opposition which has hitherto
manifested ITSELF
In naming the persons above mentioned,
have endeavored to combine commercial
and legal knowledge, nor have been mat
tentive to their standing in society here.
viii name another subject, respecting which
have not been requested TO write; that is,
Who shall be cashief9 If any person here
is appointed it should be John SomeryilIe.
Should this be the case, some person ofex-
perience in your manner of doing business,
should be sent on to put him in the way Of
conducting the business, upon the principles