The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1841-10-07
Debate i'm the Senate.
SPEECH or
Mr.. Clay, Of Kentucky,
on THE Fs III CORPORATION BILL

MEs SfAss 0A ntuAuGhss
on THE FIS III CORPORATION BILL
Thursday. srpl. mbcrs
The bill 20 establish Fisrsi Corpora
lion being under consideration. and Dir.
Arrher and Mr.. Buchanan having deliver
I'd speechess thereon
Nc. CLAY. Of Keninrky. nex, address,
ed the Senate censinly. ,aid he. moth
ing VAS further from nv tspecisli.ns.
when came here 90 listen n the speerh
n my worthy friend lrnm Virginia. Than
10 end mystlf placed In surh q si,ualinn
- 10 be called on Ia cay one snId in rels
lion In this bill. Bot The Senator from
Pennsylvania has INDUCED himself on this
occasion in exercising talent Tor wit and
hOm0r, n our expense. in which he does
mt often indulge. lie. me. II he slll
allow me, make suggestion Co him. that
his appropriate province is logic. or grave
debate. rather than ait But Il sliol. a
happen 10 catch. by contagion. somewhat
II the same vein. lie wIll, ] I'm sure. ex
euse me. and receive il 10 tie same good
humor that we have takrL what fell from
him.
AZ 10 the bill before the Senate | have
not much to say. There are tso great
faculiies,,which ordinarily belong in banks;
one 10 10 deal in that sort Of commereihl
paper which is called prnmissory mites.
The other To deal in bills of exchange, also
an ordinary commercial instrument. By
the present bill. The bank uhich is TO be
GRATED is deprived Of one ol these fscul
Ties, while the o,heI is left To IL: and there
is no more danger Of abuse IN the exercise
of The retained faculty by this corporation
than in Tue ordinary banks Of the coun
try.
Nor an very familiar with al The
proceedings al the Harrisburg Conven.
tion. The honorable Senator seems Co
think that il cnntsined sbolitonists. against
wh"m he appears Of late tn have taken op
a peculiar hostility. call upon him To
name one aboliIionisi who was a me nber.
| b.iieye there was not one. defy hun
Ia the proof. lie says tina, the gentle
men Who composed tina. sssemblsge we're
men Of all sor,s Of political principles: and
to some extent that remark is certainly
true. But there was one principle which
| am very sure va. held by none Of lEem:
there were none who went Tor low wages!
"a laugh. The Senator. however, tells
us not only tina, they held all sorts Of
principles, bu, that they were afraid To
publish To the world any declaration Of
their sentiments. Naw | believe il is a
part Of The law OF nslions that when war
is made against pirnes. there Is no need
Of the ceremony of any formal previnu.
declaration OF war, but tits understood on
all hands that YOU are al liberty TO attack
them without notice and without GER
emory. and cut and slash as hard as you
Please. I,ui il that same Convention a.
Harrisburg WAS such an unprncipled col
lec,inn Of political sectsries-such an
omnium gatherum Of all kindreds and
chlors. whs. sort of party mus, that have
been which could have been so utterly
prosIr.ied aud pu, down bv such hete-
r"geneous combination! IA iaugh.1
The Senator commenced by saying
that. among their other Inines. the Wings
" had dnne for themselves" beg gen.
tlenen no. 10 " lay thai ilauerine uncuon
TO ;heir souls" What The Wings Of
this country to be annlbila'ed by any
thing which has occurred during this ses-
sion? Never. never. Their principles
are as eternal as truth. and as sure 10 pre-
vail as is the cause Of civil liberty 10
triumph ltwss justly remarked by my
friend fnm Virginia ihs, the restriction
ot Executive power, ay. the royal. the
imperial power Of setting The will Of one
man against the uni'ed wall Of an entire
people, stood highes, on the list ol prln /
ciples ayowed by the Wings during the
late memorable contest; and let me tell
gentlemen that, If we shall have a shower
Of ve,oes, that principle will still be wri,
ten in letters oil light upon all their ban
ners.
LIT the Senator from Penns, " anis and
his party war, il they will for Executive
sup,cmacy--for the arbitrary principle
,ha, The will Of one man shall preVsii !
against the will Of the Whole country.
We are Wiling to go before the People
upon that issue; and. fl sm not utterly |
mistaken in The inhereu, love Of liberty /
by them all, Wings and Democrats. there
will be a general condemnation OF such
an odious aud detest4ble doctrine. Let
the Senator and his friends 90 to the other
wing of the Capitol. and look upon that
Macedonian phslaux, standing shield to
shield in compac, aud impe"etrabie line.
and, in defiance Of al, the difficulties which
bese, them. maintaining their position nh
mored and their front unbroken; Tor,
will repeat. what | have often said with
inexpressible pleasure. never, no, never
was there III usa Of Representatives
more imbued with lofty aud generous
spiri. of patriotic devotion to liberty aud
TO the discharge Of high public duty.
Let Them, | say, look on tina. spectacle.
and then ask themselves. How 10 such =
pauy TO be broken down! BY whom!
m tUho.o a.. haf III