Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1841-08-17
ANTI-nANK MrErING

sixty and seventy vice presidents appointed.
composed for the greater part Of the weathest and
most respectable members ofthe party which had,
this city supported the and administration
% Ar. an buren,. The meeting was large one, and
We should perhaps set Il down az 4 greater nu.bcr
than we DO. bat that ur aliedged IN oyefestl-
mating the numbers whO attended the meeting IN
Canal street, makes as cautious on the subject IL
saying, therefore, tnat there al ieast seven
thousand people at one time on the ground. we feel
satisfied that we do net Overrate the number.
long string OF resolutions adopted, the most
important Of which auuexed-Joar. # Com.
Resoiccd That tie decision Of the Supreme
Count Of this State, remanding Mcleod Tor trI4
meets our warnest appreciation; and we expect in
concurrence with a large majority of our fellOw-elt
lzeus that he Viii be tired pursuant to the laws OF
the state, without any further attempt on the part
OF tbs General Government 10 impede their regular
and impartial administration.
Hesoired That tine passage Of the law for tenn
porary loan OF twelve millions OF dollars, and the
retention o. the power TO and REISSUE Treas
ury Notes tor live millions addition, coupled with
the extravagant appropriations which are pressed
upon Congress. and the 0l Tor the distribution Of
the public lands, which has passed one branch of
taat body, clearly demonstrate the Intention Of the
party ~ power. 10 place the nation such stu
atom that national debt aud increased tariff
Will bc inevitable.
Res,to.d, That the agrarian law for the annual
distribution Of the proceeds OF the Public Lands
among the states, woad be liable to strong ohjec-
tom az tending 10 lessen the independence of the
states by accustomlng them TO rely upon the b0un
ties OF Congress for the funds requisite maintain
their respective governments, II II had been brought
forward IN time OF national prosperity but it has
attained degree If proingacy unequailed IN the
legislative history OF the country, by It's passage
through the House OF Representatives almost sim
ultaneously with the laws that borrow money de-
fray VIE ordinary expenses Of the Government and
for the imposition OF additional taxes and while
have unadlusted difficulties with the formidable
nation OF Europe. winch may soon result IN war;
and we, therefore, feel constrained 10 believe that
IT. friends, IN endeayoring TO Withdraw annual
income Of three millions ofdoars from the National
Treasury seek 10 facilitate national debt and
protective tariff.
Resoired, That debt is great draw back upon
the energies OF a nation we'll of an individual,
and the former should under circumstances leave
Is ordinary expenses incurred in time of peace, TO
be liquldated IN future years that permanent
nat loual debt requires continued taxation, IN some
FORM to ,ay It's interest and renders IA nation IN
sensitive 10 nseachments OF It's honor, by Gripping
il of the slncWs of war; and therefore earn
esty call upon Nr. Tyler, to guide his administra-
ton III this respect, by the sound sentiments of his
earlier years, that the day it is to be hoped, has
passed, IN which national debt was esteemed
national blessing and he, who with the example OF
England before hIm, entertans such doctrine,
dencs to himself the exercise of his mental fac
ultes.'
Rgso!cei, That we protest against protective
tariff because II is Unauthorized by the constitution
because 1t taxes the great mass OF the community,
for the benefit of few wealthy manufacturers be-
cause 1t depresses individual enterprise and pro-
notes the spirit OF monopoly because it is delete
rlous - the interests OF commerce because II
tards Improvements because II generates an eXpan-
sloa and consequent depreciation of the currency
because IL produces eXtrava CANT expenditure
consistent with 4 republican government becau-e
L leads TO a national debt because Il free people
need no other protection than to be let alone and
because It is narrow minded policy, winch might
have been congenial to the . dark ages bat IN 10
way IS It IN accordance with the liberal principles
OF the present age.
RcsoivCd, That the domestic policy OF tie FEEDER
al party as developed by the several measures N
troduccd into Congress, through the regular Com
mittecs OF the House Of RepFe,entat.ves,- known
u the loan. the Bank, the Revenue. and the Dis
trlDdtl0n Ba.s,-prescnts entire system ol vii ci
the nam clements are National Bank, National
Debt, and Protective farf: that the effect Of
such system, II once firmly established, Will De 10
subject the whole trade OF the country 10 the ALSO
lutte power Of few individuals, VINO by expansions
aud cOntractl0us OF the currency, can eaectual.y
control the markets throughout the Union. Wide
the TarH Viii protect" them against the nitro
ductlon Of foreign goods, except AT prices sufficient
10 cover the enormous duty and the money thus
raised by duties would mostly be expended ~ tie
payment OF interest on the national debt OF wdich
tney would mutually become the owners that TINS
system, winch was gcrmEated IN England IN the
the days 81 the greatest corruption. now holds her
people IN bondage TO her powerful landed aud mon
eyed aristocsacy bondage from winch they be
delivered only BY tOrci0.c revolution; but n has
no sympathy with Republican soil, and II the
seeds OF II sOwn here, II VIII become tie duty
of al Republicans to arouse and secure their early
eradication, and repeal Of every law forming part
oil sy stem mlq1tousy violate oil the equal gats
Of the whole people.
Resoired, That our cnmiiy to National Bank Is
not confined 10 Mr.. Clay plan, " Mr.. Ewng's
plan" or compromised plan, but wc are nilex-
ibly opposed 70 aHy national incorporation, with
banking powers. or for the mlscaled purpose OF
:. regulating the currency :" and we consider the
amendment made u the Bank Bal IN the Senate,
TO e, ade the constitutional scrupcs IN relation 10
old fashioned bank OF those icderallsts no
termed abstractlonsts," to be paitfy suOieruge,
unworthy OF honorable men, and deserving unqna.i
lied contempt.
Resoipea, That as the powers which viii be vest
cd IN a National Bank, II one is Interpreted,
pabe of extension until IT may ultimately become
too powerful TO be OVertArown without violence,
good policy dictates that should be ready for
vigorous assault upon :. before It's fatal talJns agc
firmly liked in the vitals OF the country and before
!, strengthens Itself for resistance by sucking
hearts blood therefore, IN advance OF It's blr;h We
do hereby pledge ourselves TO oppose IN every lcg-
innate manner, any bank that may be created, and,
to support no man for any executive or leg slatise
Office, who is not IN favor OF the immediate RE
PEAL OF is charter.
Resolved, Ihal the right of the Legislative pow
TO repeal any former act Of legislation Is wal
principal IN tho theory OF popular sovereignty il
has grown with the growth and strengthened with
the strength Of human liberty :" and emphaticaly
right nestimable TO iseemcn and formidable to
tyrants only"
Resolrcd, That the Representatives in Congress