, 1841-08-28

try Tor tnelr memOrteSs Will Do q snleiQ VI
protection to their regulations when dead.
Mr.. CLAY trusted that 4 large majority Of
American people, hereafter, has heretofore,
would continue to deny Congress the power
which the Senator asserts the Constitution
c~onfers, bot which il b manifest the Conven-
ton refused to grant.
Mr.. HrxprasoN reiterated his assertion
that there was no subjectb before the Gonyen.
ton in which the Bank question vas at IS
sue, and stated his views Of what Mr.. Madi-
son meant.
Mr.. CLAY Of Alabams asked the Senator
from Mississippi to allow him, to call his at
tention to what Mr.. Madison had said; and
read again from Mr.. Madison's speech T.
gainst the Bank in 81, his assertion that abe
we'll recoIlectcd that a power to grant char.
tiers Of incorporation had been proposed in
the general convention and rejected"
Mr.. HENDERSON commended that it
was not meant that the convention should
negativ, the power, but that it should not
then assert it.
Mr.. CLAY Of Alabama remarked that he
had not anticipated this question, and conse-
quently had moi come prepared with all the
authority which might be adduced to prove
the proposition to grant Congress the power
to create a National Bank had been made
and rejected in the convention. But he had
now an additional authority which he would
bring to the notice Of the Senate. He would
read a paragraph from the 4th vol. Of Mr..
Jef1erson's works, page SOC, which was full
to the point, and furnishing ITrefragable evil
dence Of the fact for which he had contend.
ed. In relating q conversation. which seems
to have taken place at dinner. on the nth
of March, 1898, Mr.. Jefferson speaks as
follows:
"Baldwin mentions at the table the follow.
ing fact. When the Bank bill was under
~discussian in the House Of Representatives.
Judge Wilson came in, and was standing BY
Bald win. Baldwin reminded him Of the
following fact, which passed in the grand
convention. Among the Enumerated powers
given to Congress, was one to erect corpora
lions. 1t was, on debate, stuck out. Seve-
raj particular powers were then propopos.
ed. Among Others, Robert Morris proposed
to gipc Congress a pouer to establish a Ma
tional Bank. Governor Morris opposed
it, observing that it was extremely doubtful
whether the Constitution they were framing
could ever be passed at all BY the people oil
America; that 10 give it its best change how.
ever, they should make it AZ palatable as pos
sible, and put nothing into it, not very essen.
tial, which might raise up enemies; that his
colleague Robert Norris well knew that "a
bank was in their State (Philadelphia) the
very watchword Of party; that a Bank had
been the great bone Of contention between
the two parties Of the State, from the estab-
lishment Of their constitution. having been
erected, put down, and erected again, as eth.
er party preponderatel, that, therefore, 10
insert this power would instantly enlist again
the whole instrument Of the whole Of the
anti Bank party in Pennsylvania. Where.
upon it was rejected, as was every other
special power, except that oil giving copy
rights to authors, and patents to inventors;
the general power of incorporating being
whitfield down to this shred. Wilson agreed
to the fact"
Now, said Mr.. C. this evidence should set
tie the question raised by the Senator from
Mississippi. iucoutestably. We are no lon
ger dependent on the construction, though
sufficiently indispensable, that the power tC
grant corporations was proposed and reject
Gu, u tIht suSii I"'"Cf ht'tsSd'"y
ed that Ia create a Bank. We here have j
established by the testimony Of members o
the convention and their contemporaries, thai
a motion was made specifically "to give Con
gress a power to establish a National Bank
and that after explanation and discussion
sit was rejected"
Having such evidence to sustain the fac
which had been controverted BY the Senate
from Mississippi, it should excite no surprise
Mr.. C. thought, that the opponents Of
Bank had So often repeated its assertion
And he could assure the Senator that it woul'
continue TO be repeated and reiterated, no
only here, but throughout the Union-no
only now, hut on all occasions hereafter, IN
Ill this evidence was destroyed, that the Con
s%,ituiion neither %confers, nor was intende'
to confer, the power TO create a Nationa
Bank; but, on the contrary, that the conven
ton which framed instrument repudiate'
and rejected the proposition in every form.
man named Death, still a resident Of thi
State, formerly lived in this city. Over thu
door ofhis store was the sign ofRecti6ed Wits
!, kew, sand directly under that name. "At
, saIom Death.n An old lady from the cOuu