Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1841-08-06


isfed and think they are called upon to yield
every thing. And, on the other hand, if you es-
tabsh mere District bank, with branching
powers in the States dependant upon their will,
the friends of the constitutional power Of Con-
gress think that you mock the people with an
incompetent institution and call upon them TO
surrender every thing.
And this, it seeips to me, is the sort Of con-
cession or compromise which the Senator from
Virginia calls upon us to make~-sa concession of
every thing on our side, and nothing on his--a
compromise in which he gets all and gives no.
thing We were extremely glad, Mr.. Presi- |
dent, to find the honorable Senator, although
under another respectable flag, uniting with the
Wings to bring about that great change in the
administration of the General Government,
which commenced on the 4th Of March last
Some of us INDUCED the hope that, profiting by
the lustrious example Of his lamented neigh
bors, Jefferson, Madison and Monroe, he might
come to the conclusion that the bank power was
no longer an open or disputeabe question but
if he could not agree with them and us, we hop
ed that other instances, on important measures,
of concurrence of opinion between us, might
compensate for this sole difference. For one,
was disposed to leave the Senator in the undis-
turbed possession of his opinion, hoping that, if
he could not unite with us in establishing an
effectual National Bank, we might do without
his vote on that question. But would ask him
if it be kind or right in him to seek to disturb us
in the quiet enjoyment Of our opinions If he
cannot come to the 20 or 81 Wing Senators,
who believe that Congress has the constitution
al power to establish National Bank, ought
he to endeavor to drag them to him Is not
such process against all the laws of gravita-
f.FYHere Mr.. Rives said the amendment he
proposed was reported by the Secretary Of the
| Ifeasury.]
I&NThat is true, and the Senator is entitled to
Vail the benefit he can derive from that fact
feel quite sure, however, that the Secretary
does not entertain different opinion of the con-
sttutional power of Congress from ours. must
then, entreat the Senator from Virginia to for
bear pressing his amendment, and, If he cannot
give up his own peculiar opinion, to leave us in
the undisturbed enjoyment OF our long-chersh-
ed convictions.
lie thinks, indeed, that the bank power is a
question not SO firmly settled, by repeated de-
csions, as have supposed it to be. Why, sir,
how stands the matter! Twenty seven years
ago, Mr.. Madison considered and treated it as
settled question. After that, new Bank Of
the United States was established, which lasted
twenty years. During its existence, two decis-
ions OF the Supreme Court of the u. States,
(the bank with the State of Ohio, and McCul-
Tough vs. Maryland, involving the taxing and
penal powers of the Stae) one, if not both,
unanimously pronounced, affirmed the existence
of the power. In Congress, in 1882, bill pas
sed by considerable malorites, to recharter the
bank. Public opinion in all the various mode.
of its man Festaton, in gislative assemblies and
in popular meetings, has proclaimed the consti-
:, T.. ~, ;."o .hat tha ~ oiacton of Conar,i
I.oI,,om ,,,,s dec;so, adverse ~ tho b,ni, now,
e.. y, H.. ,.ot, IS tbo roch,rtor h. ,Jn,,oJ
~ ,,ii;,,, 81, hanl, and s,atoJ hot ;f onnl;oJ
~ ho nc,Id hove furnished n nl.n III w,os
,.o.oJ for thorof,ro bv l,rre n,,mhors-;r r,y
$780,, ' ,.nonIoJra 10 wss hv monvEr,Jn,
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=. wus Luz up Mn.' '''oro 80 ".'u Ja nv =.
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rom 'nah'ns' anu ,Iy Sonii1en.e III 'ile patll
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: vo'lon 10 'ne cause MrIn pIcush' nun ','''
power Is 50 stea'' 'i'i iee, psr.ectiy pctsuaue
Una. le ca'ot ia.i ~ oon q, any measure WIZ
Co"e'ess may in''uie' anu Piesc"t ~ MS ooi'
! s'uera'lo,'' VIII al' ANXIOUS aes,re' ne can
conform ms JuGgm ei 10 tla' Of the hes.slauy
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asssnep' a9aIt. ~ tne 'ao.s anu ortu'lis1ahce
on wnicn lnuu.se nope, anu 'nJ'ii Iii,oi ara'
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5 c"P,csSeu'
put SUI IS ~ qu''v certain .iiat suIh pa,'
as 'he 'oeha,oI from sl'Sh'a wouiu aiolc man
IS rea,'y pe.iet ana.i Nv jam nai aiust 'G'