Mobile daily commercial register and patriot., 1841-07-02
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From tss \. !. Evening rost.
 AHisBaf RaRh.- Su auf"a is tle alie ren'ua- siaHee ut erratn s's1!.ts uf lac Gh.aubef If ou- mefce ln thIs rftt ag34ast A4rnnai ltark. h ts t' he remarked a il, hai ficrc '- atl iehfd p j., ihn ta.ts Il N-sl> ueHtefs, Whic Is upr Uufe Ihan ble HuIer ot rctsans Whu saiad IF Efor ui the hank al the frgt,ar meeting u jhs tluuil 1T. Nrr dnes tbi- .i caua, s,. iln. ltnts ef all tar members nho are o noseu to il National hanb.
 7a thr Neqats oaa d.sse .f Rs,,ee1pps oe 11r
 Uaasd Nate n Congress Asz sHtift
 fhe undersigned. members ul the Chauh.rof Com- me.ce ui tbc ely at New Nofk, dissenting iem the yie@s expressed in mtmalial adopted h1 the maJ7- r't of late ctiul al thlt bidy, mgin- rf"a 1on- gi the incorporation of National BanL, beg leave respectfully, bu mast earnestly To rem1aanHie asanst the creation of such an institution.
 NJ cannot recognise the necessity of creating special agent t1 miuaae the few and simFle fiscal operations of the Go>etmneu--the receipt, custody, payment and transfer ul Il, mrntys-When husldess precisely similar is cons aHtly transacted for the individual members ot the community, and 1r the several States, through the eNlsttg banhs, prAate bankers, merchants and bukcIs, tu ap onnt vastly exceeding. ll any given period. the whole money transactions of the Government. And ii Ne shaulJ cpucedc that institution, whose overs and acton were confined strictly 10 the money aiiars ot the Government. might be free from some oi the obcc- tiGns to National Bank, WuHl submit that those wlo justify cro5ti. lel that ground are bound To that its purpose and possible exercise oipoNer are rlgidy restrained within those lmlts
 Ihe endea.ur to regulate luteipn and domestic eX changes by any attihcal aevlce nt this nature, we cannot bu regard being (ike many similar schemes now exploded, for managing, by legislation, matters of trade thai are best governed by ther own natural laws and winch in spine o all efforts 10 lhe contrary, will he regulated by those aws) tyrannous in design, and impossible in practice.
 Another purpose for which such an institution Is sought, z, as d regulator of the paper currency III tf.iA 4f. fh4, ageinent and regulation of the entire paper cur reney of ihe country be sacred duty of the General Gulerment, then we submit, it is too immense d power, and too sacred a trust to be delegated. And submit further, that to place SD tremendous a power in the hands ot a small number of pcfsons such the directors of corporation, who, while they d ect and controlling influence over the hapy- ness ot every individual in the nation, responsible for its exercise only to few stockholders is utterly inconsistent with the spirit, and subyersNe of he object of our mode of Government.
 The advocates of bank invariably appeal to the experience of the past. Experience is always, but In ihis case peculiarly valuable. IL exhibits, in the cearest manner, the enormous abuses to which the power lodged m such institution may he perverted and the danger for the future Is much enhanced by the pathway of crime and wrong having been already pointed out.
 The abuses of the late bank, before the cessation nf it's national charter, were sufficiently abundaut but il Is ldle think, 10 separate, completely as do, the continuance of the bank under its State charter from its previous existence. IL did not cease for day il continued under precisely the man agemcni the changes that lock place, if any, were mere changes in name and in form. The only diff. ference m substance was, that the State bauk had not the custody and use of inc public moneys, and this confirms the behel, that the public deposies of at more use in sustaining the bank and the inter ofits stockholders, than the bank in promo ting the convenience or advantage oi the Goreln- ment.
 h conclusion, we submit with perfect respect, and in all deictence, tbat the question of exercising so important power, about whose existence such grave and general doubts prevail, the Legislature of the oouoty, hound, like all agents o regard scrupuiousy the terms anu limits of the instrument that constit- tules their authority, should incline tn the safe side, am GIT lathel m stopping short of than exceeding, iis supposed constitutional powers.