Columbus Democrat., 1840-05-30

come out and give Us their pnnc pies. DO you
commit yourselves 20 Ire suPpor, Of National
Bank
Mr. CmNN from his seat ! do
Bu, joes tie gentleman speak tor hs party. VII
bis party buk their dcsi,ny to NaJons Bans
WI Il hc the Po.icy of General Harrisou's Admin
,sjtaNu, ia ,hc event ci hts election Ia create such
an institution pu, lie categorical question 20
Septcmea ai the Opposition, U1 al sides ai the
House, and shall b. content to receive catesnr-
ca. aaswer | am impatient Cor an answer bur i
shall be my good pleasure 10 await, the response Of
honorable cenemen pause for reply. Nuone
answers. Then, Mr. chairman, l am justified IN
concluding, Tia; gentlemen either support a man
without knowing his principles, or else they are j.
lrald OF ashamed 10 ct bis principles be Known -
the country and To the very people whose suArages
they ask. Ii gentlemen can find ease and eomfatt
IN either position, give them 10y. Though, Mr.
Chairman, gentlemen here VIII not comm, Them.
selves 81 their party to the suppor, Of | States
Bank though, SIR, they do not aud Wi not ami
ia e not dts gnaie ihs ~ their meauS Of rcIei,
yei chaos, so u regard IL. Al Of us agree that
some thing must he done tn relieve the country, pu-
rilv tie currency, and move again the shgnant
pools o commerce We lJhc Democrats Of the
LEGO Focas, il Il please you beue,) say that that
something must be the adoption ol the Sub Frea-
sury, You. gentlemen, say Whatt lou are loud
and long IN your dcnunclallons OF our SCHEME and
swear To II an eternal hate. What may we expect
of you' What do YOU bring forward as the great
antagonist OF the Sub-rfcasBy' Nothing; bier,
ally npthag.
hnk rroper to say, Mr., Chairman. to my con.
stitucnls, through The medium ol tllls House, ha'
the present slelc n things must continue, or hrSub.
~ Ne 1.l, Nm 4 4
done nothing else IS proposed, and those Who ca.
pose our scheme, and produce none Of lhtr own
must be in favor Of the existing state Of affairs III
can get no one here to take up National Bunk and
oppose It as the great rival TO the Sub Treasury.
will leave hs hall and discuss the question viii
particular reference 10 the state 0fp0hucal feeling,
/ IN Mississippi There the Whg7 are more unAneh
/ nr than their bfetuten IN this latitude They come
out boldly, aud aYnw tlcr preference for such an n
stulon Aud row. sir, permit me 10 destitute
brief comparison between HE two SchomeS,6 ,6tSt pre-
missing that 10 all our legislative action it becnme
our solemn and naperure duty TO make our act
CONFORM 10 the letter oiihe Constitution, and 10 IN
spirit and meaning of our Republican form Of Gov
ernmcnt Our venerable ioreaihcrs first conceive
the idea Of throwing OIL the British forms, anl who
they had done so, they resolved 10 crown the Dol
adventure By establishing what had been hilbert
unknown in Tie science Of government, 20 vii
Government oIhr people. They gave "a n tepr,
sentative Democracy, and So admirably cnnsruete
that once in two four, and six years, n u polite.
power reverted 10 the people and so long as "
adhere to that form Of government, It ls our duty
do no act which will take those powers out Of II
hands where our t5rrahrrs reppscd them. lndct
il may wei be questioned whether il 10 not spec
Of political treason 10 do 70.
, And now, sir, pray Whist is Bank Of the Unit,
States For waut OF better data take the prop
sition Of the distinguished stniesmsH and orai
from Kentucky, Mr. CLAg,l regarded every wbe
. as Sir Oracle, the Jupiter Tonaus Of the Wing pt
! ~. HIS Bank was 10 have a corporate exls,en
| OF fifty wears, aud an Incorporated capital OF fl
; millions Of dollars. And what are the mporia
: luoctuns Il Is 10 perform One gentleman on I
cr, on MY leG, says 1t w regulate commerce, \
friend who s.ts before me thinks II will regulate
State banks and The member near mo wants 1t
{ the fiscal agent 10 collect and dnburse the reycnl
I OF Government; and my friend from Louislsi
. [Ml CniSk, who is The only man of his party 4
. has had the bodness 10 cumc out N favor Of such
institution, thinks, have no doubr, il would per'o
Z all rhese various Offices.
6 Mr. CmSy. did 10 SO o0ce.
d hear the response Of my friend, and 1t IS 9
# dcent for my purpose. admire his bones
d aud would compliment hi4 lfaukness, but ca
Is not, except a, tho expense Of his discretion
- Yes, Mr. Chairman, bank, such as that Of VII
e have spoken, might perhaps It would, Perlo
e all these. ,anoos Offices. But air what Is
y bank to uh.ch you propose 10 mrust these pa
r. rls, and under what influence is It phcedl
Is association Of thirteen merchants Of The city
b. New York, under a corporots name el.Gated,
r 4 ,A,,tV tia "a
id Of the people not subject to their WILL aud
Vi. reached by any influence OF lhensi under
Sc control other than that Of tEelr unbrlded y
n. conducting iheiI proceedings N secret chamb
&c and with an eye singh 10 the interest Of The sto
cf holders aud fago'i'es Of The bank. And thl
he u7iHurlon TO 8hich you are 10 entr'lst the
O. euaon Of commerce, Ihc regulation Of The {
e renew the regulation Of State banks, the II
ell agency Of the GoyeTnmcut aud, will add,
al regulation of the wages Of labor, the prce
e? property, and tho opinions Of membcls Of {
nd prcs. And for alal period Of uuncl For
We wears, of until youf bank charter expires b)
lill own limitation, It exercises al these various r
nd crs supu nely, independently, without cont
10 Arc these powers among The essential ingFed'
ID, Of Government Are they not ~ fact tho \
be elements of Government ITSELF May ihat
,ur called Goyefnmen. Of lbe people, where
re. power to regulate commerce, 10 regulate
lat changes, and fix al pleasure The quality and q
t.! tlty OF the circulating medium Of ,he eounlf,
ou taken out Of the hands Of The people, and en'T
ea ed for peuod Of fifty yearo, to cotsrle oil b
$50 directors, owing to responsibility TO the peoll
ic- to Their representatives, but acting by sancro
nd law, 10 a sphere above and beyond 'he power
m influence ol the baIlot.box Is that, sir re
lab sentative Detnoclacy, where all the essential
cal nents Of Government are taken from Tue re
the sentative, chosen by the people, ard placed u
IN custody Of u corporaion-an nma'ellal ID
hat thing not visible or tangible! Answer INC d
ow things; and if you answer as | know you n
len then tell me, sir, whether you are violating th'
nle ,sr Of the Constitution, immOlaung our iorn
- Government, insulting the shnds Of our 'ah