The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1841-07-08
A NATIONAL BANK.
mos rnr enAnlrsros q. I'D rAr,l. /.

The determined attitude of resistance
now presented by the dominant party in
this State against the charter of a United
States Bank by Congress, on grounds both
of constltuiionality and cxpedicncy, ren.
ders It proper that they should be kept per-
manently rebulled by the authoritative voice
ofthe State, coasfifushoaaliy expressed thro'
her Legislature, in official action on pro-
posed amendment Of the Federal Constilu.
ton by sister State, and by the authority
Of their own great political leader.
In 1921, the Legislature OF South Car
DINA had the question of the competency
of Congress to incorporate national bank
directly before il, and solemnly, and with.
out known dissent, thus adudsed such com.
potency to be constitulionaly vested in Con.
gress; and that il was wise and poltic to
exercise the power of Congress in its full.
est extent.
LEGISLATURE or SOUTH CAROLINA.
N rRE HOUSE, or REPRESENTATIVES, DEE. II. 1921.
The special committee, 10 whom we're referred
the resolutions from the several States of Penn.
sylyania, Ohio, New Jersey, Vermont. aud mi.
nos, beg leave 10 report That they have had the
same under consideration, and find that the State
OF fennsylvaBla, by its resolution has proposed
an amendment to the Constitution in ine words
following, 10 Wit: that Congress shalt make no
law TO erect OF incorporate auy bank or other mo.
neyed lus'ituton, except within the District OF
Colnahia and every bank, or other moneyed in
suution, which shall be established by the author
i,y Of Congress, shall together with It's branches
aud ofhees OF discount and depoate, be confined
10 the District Of Columbia = ia hich that State
requests tue concurrence Of her sister States
That tho States Of Ohio and Illinois have con.
cured With Pennsylvania in tho proposed amend
mont; and that the States Of New Jersey and
Vermont haze Disagreed thereto. Your commit.
Ice are nnaunnously Of opinion that. a. Cgngress
is e0gsfitattaaaiiy rested .cif4 ns rigAf 10 moor.
rsTsie baak, il would be unwise and .nnolttic
70 restrict its operations within uch narrow lin
is a. the District Of Columbia. They appruhend
no Danger from the exercise Of The 10 xers which
ias People Of the Iusted States have coaf!ed L.
Congress- bot believe that ia tbs e1crgIse OF
these powers. thai body wilt render them aabaer
yieui 10 the great purposes Of or natoHll com
paeL fohs committee, therefore, bog lolve to re- I
command TO this uonae the following resolutions.
Rraslred. That the Legislature of tho State Of
South Carolina DO no, concur IN the amendment
Of the Constitution OF the United States, pfopo
ssd BY Pennsylvania, in the following words -
" Congress shall make no law to crest or iasor.
poTats any bauk, or other EnonryeJ institution.
eSeepi wilhlR the District Of COLUMBIA and az.
cry bank. or other moneyea institution, which
shall To established BY t,ie authority Of Congresa.
shall, togs,heT wi.h Is hFaaeles and Offices Of
discount and tsposlic, be eoa:ised 10 lhe District
of colaaihis
Rssolrsi. Thai the Governor Of this State 80
requested 70 transmit copies ei The foregoing res
elgiioa 10 The Executives of the scvrral Slacu,
with re'Iacai that they isy tho Same bciure tbs
Legislatures thereof.
RsSOlesd, That the House DO sgree 70 tie re-. /
pou.
ofd,rsS, Tia, Il be sent 10 the Senate for con.
eFSeHoe.
BE- erdeg % tic Ilonss
II. ANDERSON. CHR.
X vtfF sExsvE, pgcgNasa ~. 1871
Resisted. That tbia llease Do eoncnf with tho
House Of Representatives. in the foregoing report.
0rdsrsd, Tia, the repon 10 gctalaed 10 the
Houss Of Representatives.
n sfdsf OF The Senhta