Columbus Democrat., 1839-11-02

T '.--. aus nIa.r. j t.sr,. lsc GIVE q ri
1'-. '1 us r-c1l.ne s-a.ian uf sae s. 5-lr.a,.-
~ e," -A d. b-it Sie'saa >sts ia tar p.ay
-'t H. bnss i-e w.>ltm or ia-v >sEfv a-
"1H -er = LHe system Sr0enJ up51 i5e rns,..,,
""-l.e. Nr. Van uea recosmenled .ts> a rl,t.
,S' = -i ea'.te or was driven ia ). rom reer>s-r,
-" ~ hcpe' res, upon such slender f.1r i,f,,s a.
ttse Do pV'pie IeaS1a teusl MI Tar., ~
zen, ''7cSs'u, tfrolsh him. ordered Tie c.ge-t,rs
y deposit VS. BIbac noaty with ceriaia S,ate
h''A> 10 M credit oi TIE treasurer. which be- Lad
30 lc d. bui 20 Which tie treasurer a,1f.r>.l
.'sirj'rs hc su6-'rrsSf-y system UAich spurns a.
80 ~''r,reAcs Is 4 very dangerous experiment. %
'eih as NE o"'y ernauve iti Mm therefore, II IS
10 swallow up orr I.l,r;eS." Oay author pr5.sel>
upon The suploston i.,at lse people re.sin Jhus. II
4 "ley a. thru stMi They are NOT canatle ur sell
~ Fc,nmrHl. Let nr Ia'0gin hHa hat si,ncaie
I NJ an bfrsns election because be lls rtccr-
/ menied dFalce e., Bank aui Sil,e, aud aYpsa-s
.e'efn"neJ ,o effect i--not divorce of Bank and
o'a'e' because Mr.. Van Butea las recommended
/ IT,
/ shall uol 90 into an examination Of The gentle
mans objection 70 Mr. NughI's bii, hr the rea.
s,n' That S not 50 much nv object 10 deieus tins
| OIL aS IT IS, Tie prucfpe ON wMrh 1t IS founded
namr'y, divorce of Bsuk and State Nv cptu.
i'n IS that 1t 3, drawn up with great ability and no,
/ H'b'e iollt obtcum ct our aalhur. Il d be- = irN
woEts W.i rVmlNe iir ublrctpnaud rs Inc rrnAN of
tht system are anxious that ,he b.I should he as
perfect as possible, they, M doubt, WI be much
Gged To the gentleman urauy suggestion amen.
daiory thereto. Hs, and hy ,re is h,re mgau, HE
"G.'' ul lhe system, are MT particularly welded
h NJ. NrshtS bill. Let NJ. Clay or Mr.. Web
SER draw one on this puncpe, ii good fati and
with all h S ability and we will support it, It is lhe
pluciplc We are alter. can not think our author
serious IN has us aua.ion HAT The friends of the bin
N CongrosS intended 10 lace the greater part OF
NC pubic money wh're u could lie reached by the
Executive, without Vlot lion Of hs oath To- sup
port HE constitution
4 sumo other time | will explain 10 tie Win
Champion what mean hy doubling that certain
dtcls'on has been made hy the Supreme Colrl.
ms ts non proper lime nor occasion to do So
Nheh he shall sctoasly aisCk The position that
president IS MT bound by decision of The supreme
court w"en acting N hs legislative capacity | will
to Tie best ofmy ski and ability, defend il.
We have BOW arrived al the principal argument.
namely, whehera Nalnua Bank can be consuu-
tonll. cGnlepd, aud appears 10 be admitted by |
ue gentleman, that unless Bank be necessarily |
CONVENIENT additionally available as a means or |
an instrumental al times at tie bidding of the 90.
Vernment Ia assist Il ~ the tiIecuajiun S snme !
clearly constitutional eui it cannot ba constitution.
al Ny second position is, that II a Bank be- made, |
by aw, sicb Internationally available means or m |
sruneni, ie be al ell times at the bidding OF the gu.
Verhment II rams lou of an express provision Of The
mean that clause which cou'ers The |
app'hiing power on the prtslden by and with The |
adglce and consent OF the Senate. From these po-
suons have not yet been driven, nar do believe
can be.
asserted II the address that ,hcre vas no,
'lau'e nor word N the whole charter Of the old
Bank IRON which c, Mcclure could be drawn thai
t was created to AID The government in It's fiscal
operations. Io tins as~csliou the gentleman rves
q MI DENIAL, and says that tie bank was under an
absolute necessity ol receiving The public noneys
n deposit twhy did be not say oi becoming debt
'r to the govefnmeh) oiaSsising the treasurer in
HE management OF the fiscal operations Of the 90
'ernment and OF working in constitutional rnces
ava hat, had It refused, IT'S charter could have been
'dkcl away upon 9R0 rarrdnto, These are the ,
ophons (etctloneerng opinions 0nly) Of ,awyer.
VINO seek to IegsIate. Upon what are they Gun |
led Upon the Preamble to the first Bank char.
Ter, which preamble reads thus. Whereas il is
'onceVed thai The establishment ora Bank for the
hIteo states VII! bc very conducive to the sue.
,eiSia' con luclHg oI the finances; viii tend to give
acIly 70 the obtaining Of loans for The use Of the
government. IN sGdden emergencies and ui. he pro-
iscve of considerable advantages to trade and IN.
Iusify % general"
NooId The gentleman, il Siding as ia yc on tie
'ehci 1i the Snpreme Court OF the United States
axe away lht charter Of such bank with such 8
rcGmdfe, upou quo trarrdnto, shuuld il refuse 10
'hd money to the government on a Su lden cmer- :
tHcy or refuse 10 enter into cotton sp,culatlons at
ne request ol the government for lhe encourage /
aeh' ol trade Would he as such Judge, take a. /
way us charter upon quo trdrranfo, should It re- /
use 70 Keep and dlsburse money for ne treasurer
Y IL ne avow lheSe opinions noe over his own sir. !
azure VIII he spflnl,slv daf.ul Il.
te opinion, ANY one he has advanced IN his answer, /,
elore any respectable tdlunai
Vow marx bow few plan prnc pies from one a. r.
ur standard Il@ W1cr9,wI put hm down. Chan RI
eilor ken N the first volume q his commentaries, Il
age 400 uses this nnIuage The title or Toe act n
nd the PREAAstE 10 the act are strictly speaking, q
0 parts OF H. They may seryt "a show the ceAer- .
scope and pirporI OF The act, and the Inducements
Ich led ioiIs enactment, They NAV, at tmcs, II
u "a tie constitution Of it; but generally they are 0
cry Loosely and carelessly inserted and are moi sale
tposiiors Of HE law" Il
The tFulh IS, ihat presmbe il 10 more part o. Il
ti" Than an avenue leading 10 house is a part +,
III.
he next assertion Of the gentleman is, iliat the b
ic Bank was not an officer IN the sense | mean &
al Il was not tatlee, or keeper or sub-treasurcr /
u was ln.re debtor and payor Of debts. Com el
eSs shall have power 10 lay and collect taxes du- 81
- imports ana eHcses Qn ofdr to pay The debts .,
The United States" So says tie constitution. II,
at The gentleman says, That Congress slial lave
'wer TO lay and collect taxes &c in order 10 ind b
c money arising therehom 10 Bank As the is
nemlu has found new power in The cDnStitu- !.
~ namely 10 lend money lie jastGes the creation NJ
. Bank, IN order thsiit may hecome his leadee. nr
l'sbafSlng the public money is quite dilIeren, III
ing from paying ones own debts For the bank II
pay ott ships crew IN tie Mediterranean, or B.
sment ~ Floflia, Is something more han paying "
deposors or holders Of It's notes Of rs counter- n
netting more than honesty requires In these ca III
u becomes disburser or officer. mn
baiee or subrfasurer or any treasurer becomes 30
leblor 10 HE dep'sior il he uses or pars with The SIC
nc deposited, ~Afiher it be money or any other 81
NJ. Harms and Boyd we're certainly officers a.,
the great cry Of the wlias has been that they ly
re debtors also to large amo3nt II The BRANCH 81
nix IN kentnckY hah clNen Z recnlnl lnr .he nnt.a