Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-08-06

dopbt by the fatal catastrophe which 6eieI rle' -"
spnats and American Continental dollars. of
Having provided a sound and uniform currency, u
that which was iutrnscaly valuable so,e anu III
and secured it against the comp NV, s,,.s IN. moo
snr,s III, Constitution left il 10 Inc otaes Tue t"-
40 and The demands of trade, to provide al such Ia
r,,;, 90 ex,erence should prove 10 De necessary anu
economca and employ them as circumstances ,n'si'
,sn;re without corrupng or lmpairns th's coh
,,,,ionnl source of sound and UNIFORM currency.
>, ~ cnrr.ss ;s In make sound and uniform cur
r.ncv on of paper which has no intrinsic Vaue' ahu
which. by the Constitution, no human being IS pouho
N receive in payment of any thing, even pepper
corn when all the credit il has Is based upon us
the representative Of specie, is question: ~ 'o'.oa
economy, which / am not able to conprehenu u ~
solve, although many wise heads anu so""u ~
have attempted 1t. 49,, ,,: ;h,,
This doctrine of inference, BY which inns lh'g"ty
engine Of power and corrupton-a Na'o'a' n""H
derived is from its immense Scoop. iha uni'o a'.a
illimituble sweep becoming more iprmidaue "nu 'o'e
than all the primary powers OF the uo'e"
, 80, tooe,ber inGnitely more 80, than the power
from which il is attempted to derive IT, - not only
indians the vast dreps OF corporate power, out eA-
noses the whole Constitution to inno'a.oh anu '.e
notation. Acts of Congress Will Dc iooAea lo' - -
prevails as the sources Of power, instead OF the Ion
stitutien for, 1t IS oy act Vi oo'se''
lions are 10 be made. ~
IF Congress has power to establish system OF Ma
t;onol Banking why has it not, upon the same prn.
;nle system of National improvements OF National
prons,,v Iaws-of National Education, and u National
every thing else And why may it not pass all
these National objects, by shingling oyes e Who'll.
nation with corporations. If il can cha Bank
with $50 900 900 of capital, it may charte me with
500 600 900, and as many as cnpd'ty ~ desire
There is no limitation. fiji can charter rporation
for twenty years. it for fifty; and if oSlty, Tor
tbousand Where is the limit The discretion anu
natrotism of our lawgvers-u poor protection against
the attractions of interest, and the aspirations oil am
bition-a protection, which always has ana ever VI"
fail. We have heard much Of arstocracy and des
potism; but, yet we have not seen and lett lhem
Establish these Innovations and we shall ere long
both see and feel them in all their vigor and al
their strength. There are bounds to the power
and ne limit to lis effects. il was said by MI Madison
in the l5th number Of the Federalst, that "ihe PAGERS
deieoatcd bu the proposed Constitution 10 nc fea''a
Corsrument are fe,o and defncd Those raieh arc u
remain in the State Gorernments, are many ana H"e
fu;tc Establish this principle of exercising powers
v nferopce 10 the extent now contended ur afid We
b, som find that the powers possession OF lhe e.
dar,l Government will be many and andchnic ana tose
retained to the States fer and not OF SUFFICIENT raHc 20
| be defined look upon this broad ana uniatnomap'e
| ,byss nj consolidation into which we are SO faP'"iy
| nlnnoinu with CONSERVATION and dismay-Conslefna
ton because it is The gulf Of desposm into winch Tue
rb;s of the States and the liberties of the people are
f. be punged-with Dismay, because OF the zrai WIN
b;cb many press on to this gulf and the apathy and
i;s,essness with which Republicans look upon these
bold and daring attempts at innovaton-oecause the
spirit of liberty which kinded the res OF the heVou-
,ion and watched the sacred affairs of Repubcanlsni
in times gone by not only do not drive back, bu iaInl
10 res;s, the destructive march Of this usurpng host.
, TELESlNUS.