Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-07-02

and its political designs The profcsscd scheme Of To-
eating the Mother Bank in The District Of Columbia,
is another feature which is calculated 10 excite our
honest Indignation. IL the Beard or control which
discounts paper in the District exercises r,y con.
trul owe: the branches, il must be political influence
of the most suspicious tendency. Ii is one winch
threatens conjunction with the Executive or Con.
gress and the leading politicians, which is of an alarm
ing character. The fury of party or the ambition of
individuals, may exercise control over the Board,
winch may be dexterously propagaed by means of
the other Boards and branches, throughout the Union
Should this bull, however. he superseded by MIR. Ew
ngs project, and mother Bank be established in the
District with the branches III The States recognized by
Their assent who does not perceive that il
drous evasion of the Constitution and that II brings
in new principle of construction, which may ensratt
new and unconstitutional powers upon the Federal
Government, seducing the Suites, corruptins their
integrity, and sappng their sovereignty IL the PAL
trv Dsiric, of Columbia have corporations es'a-
hlished within it, by Congress their local Legislation
and these corporations be endowed with rich iunds,
and strengthened with the large powers OF Congress-
in their Federal capacity; If these corporations are per
mitted to pass the borders Of the District and establish
branches the States whether with without their as
sent who can set bounds the usurpaons oil Congress-
fhey thus establish Bank among the States, what
will prevent them from establishing National I'M,
versity with branehes-a national system OF Internal
Improv national Poor house the States
(See MIR. WoodLurys Speech)-a national lncor-
poration for manufacturing, or commercial, or any
other purposes Whence do the friends oil Mr..
Ewng's project derive their constitutional power
II they contend that Banks may be established with
the assent of Virginia Maryland Alone then It ioi-
10 that the Constitution may be amended and ne W
powers assumed by the Of two States,
instead Of three fourhs. II they resort to the pre-
text of saving, that Congress may set Bank IN the
District, and the States may set up Bank in their
territory, and that nothing prevent the Bank IN
Virginia from receiving its capital from the District
Bank then we deny, in the first place, that any such
power exists in the Constilution.-We contend that
the 10th section lst article applies only 10 compacs
among States and not 10 the District al aand we also
contend, that by similar manGuvre, Congress may
establish u Company in the District, and State may
establish concurrent Company in lis borders, and
then by transferring the funds from The District to te
States, transfer new and unconstitutional powers
TO Congress over Education, Internal I'M
provemen,s over all the rights, in fact, which
haze been reserved to the States. The whole
argument, indeed, Of the Wing projectors is pub
be-hut the principle it involves IS contrary 10
the whole genns of the Constitution, and Is pregnant
with tho most nsidous and alarming usnrpatinns. In
a word hold the true doctrine to be lad down by
Mr.. Butler his letter MIR. Garland in ISIS, speak
ing by Mr.. Van Buren's authorty-and confirmed by
Mr.. Van Buren, himself IN ms letter TO Sherrod WI
liams Of August, ls3G viz ole holds that Congress
does not possess the po,cer TO establish National Bank
in any of the States of the Union to rstabiS, IN
surh Sacs TIE brunch Of dny hank iocated IN Tie DsS-
trict of Coiumtia." Unless adhere TO this grea,
shee,anchor the vessel drift from her cons,tn
tlonal moorngsa fraud may be prac,lsed upon and
National Bank nsdously chartered, by the very men
who deny that Congress has the power TO establish
Bank dirccty-nnda new principle Of construction will
be introduced which may extend The powers OF the Re-
deral Government, BY means Of seduction and cornp-
l,on and The consequences Of which may defy all pre-
sent calculation.
To avert those eyils-to arrest the designs OF the
party now in power-to rouse the Cen''nes upon the
watchtower-to give some, and perhaps the only
chance escape these usurpations respectfully N.
vlie the People meet and express their sentiments,
and protest against these measures, and spread Their
circumstances before The eyes OF The President, both
Houses Of Congress, and the nation at large II ever
there was moment when il becomes Virginia to speak
out, surely NOW IS Me tine.