The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1841-08-19

Monroe. and lhsl iis cepsIiiniisasl.sy had
beea decided By he highrsi jsd'eisl Hs- .
bon 4. On 1871 and ia 1915 Il had
been justified on grounds II neesssfy; snd
The sans srosad sxlsird asss tie "a.
ferrsd 70 ths financial dersnfsmenis of
ibe e0mmunisy. and 20 shs namsrsas ne
MORALS IN lssor of bank. he fhenisrn-
ed 70 Dir. Saunders. shs had denied fhst
lhs bank had che sanction Of ppblic sps-
MON, especially in North CarnIlbz. NJ.
w. had sons 10 direeiIy opposite corr
elusisn; snd no proceeded 10 lay down
me fses on which his eonylesson rsrsd.
when the hark was shattered in Isle.
one sf Ihe Sensiprs from Narsh Cnol,nz
had soisd Cor and ops srsina n. While
10 the house, nine REPRESENTATIVES, had
supported aud ban three opposed ID. 0ns
Of the nine had bern NJ. fsprey, onrs q
distinguished lssdtr of ibs parry opposed
20 ihe bsnk; and . man Who WELDED
= greater inasenes in that state Than any
maa had ever done. srcsp, Naihssisl
Macon. 80 - .s,ftssss
Mr. w. thsnIeferred 10 resolu,ions in
favor Of ihe bank. which had passed The
North Caralina Legislature in the loxsr
branch without . drsisisn, and in shs Ss-
nate (on sole 10 lay on The abb by 50
20 4. Again in 1899. State bank has.
ing been established. lsehsfier permitted
ID expressly 10 deal Co. The stock of she
Bank Of the United States. taking 10 Cor
granted thai snch baak would be again
established. The sane feature occurred
10 smother bank charter. grained 10 ls3s.
BY Lsgisla'urs in ~hirh he demesrasic
party bad large msjorisy. and I, ihsse-
lry lime Gen. Jackson was carrying on his
war with the bank.
i Mr.. w. denied iha, these evidences Of
public sentiment has since been reversed.
And here he sindicsted Mr. Badger from
The impuisiion. cast on him By Me-. Ssnn-
ders. on having Represented Gen. Harri-
500 rs utterly opposed 70 sbsnk. by quot.
ing more fully Than Nc. s. had done shs
speech Of Me- Badger on Thai subject. in
which he fully stated Gen. Hsrrison's
views as 10 his willingness 10 charter
bank under certain given circumstances;
while, on The other hand. if Mr. Van Bu-
\ rem was elected no na.ienal bank could be
chartered without receiving he unqusli.
fed veto. 1 K,t.
MIR. w. paid handsome eulagium on
his distinguished fellow. eiiizen. and on
bis speech. Of which 5000 copies had
besn rrulsted. with profound effect on
4 the public mind. Tie then referred TO the
guberna,orial election IN North Csrolina,
in which Nc. Saunders bad been acsndi-
date. and 10 which. Cor the 6rsi time, bath
competitors had .isken the siump;" 10
their strenuous efforts; and 10 The FINAL de-
. feat of his colleague BY 5000 votes. He
, Produced and read . letter OF Mr.. Mofs-
, head. (ihe successful candidate. declaring
that the issue made before the people vas
between bank and the subHeasury.
So notorious was this, that the motto al
! 1.-The head Of the leading Democratic paper
was this-"The People sgainss the
Bank" A corresponding expression Of
lpablic sentiment had also been made By
The election Of representatives. 10 ..hs
state Legislature. which. while 100
Wings had been choses. only SO Demo-
Gratis has been reisrned All,hese Wings
were bank men, and one Of thsm was
a Virginia sb.traciionisL A laugh ]
In regard 10 the Senators IRON North Ca.
rolina, they had been required. in q Pri.
mary assembly Of The People. BY q vots
of 1903 TO 1. To pledge themselves 10 cote
in favor OF bank; Otherwise they could
not be chosen. As 10 The laying on the
table Of resolutions TO instruct these Sc
majors and 10 request the representatives
To vote Tor bank, IL was res0l, mere
ly OF The pressure OF public business and
The pfo,rac,ion OF debate toward the close
OF . session. The resolu.ion would GER
iainly have been csrried by large msjo-
riiy; but. TO save other measures which
must have been lost for want Of tine. 10
vas pario.icslly dropped BY its friends.
Aud the following elecsioa showed how
public feeling stood: instead Vi Demo.
Gratis and Wings 10 Congress. there
we're now s Whigs and 5 Democrats.
The 8 Wings represented population Of !
435 ono; The s Democrats population
OF 2l9 geo. after that. could any man
say tina, public opinion in North CARROLL
ns was against the banki
Mr.. w. then went on to insist that the
issue before the people had been pre- emf
neniiy oa the bank question. In support
Of which he stated number Of facts OF q
local nature. 10y e
He next noticed Mr.. Saundefs's objec-
tion 20 the bill. on sccoun, Of its loe,iIon
in the Dis.ric. OF COLUMBIA. This he con-
sidered very extraordinary. especially in
.tric, constructions. and . state fighis
man. I, had never been dehisdthat Con
rress might charter bank in this Die.
lriet, of which !, was the local legislature. Z
The bill provided that no branch should
n A.. a :. -