Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1841-07-24


amendment was adopted was TO 60 out armed
with power to do every thing Bank could do,
except di5countng
Look at the alternative. He knew the delicate
ground he was standing on, but he had no more
doubt than he had Of his existence that, if they
adhered to the bill as reported from the com
mittee, they would pass no Bank charter this
session.
Mr.. CLAY wished to be allowed to make an
inquiry. The Senator had expressed with great
confidence, that if they passed such bill, they
would have no Bank this session.
He was disposed to give great respect to the
gentlemaus opinions, but he would ob!ige him
by entering into the details by which he arrived
at this conclusion.
Mr.. CHOATE said he could not give the Sen
ator his reasons within the rules Of parliamentary
debate He believed. however beyond this, that
they could not send out Of Congress. at this scs
sion. the bill that came with the sanction Of the
Senator
In the next place, and following in this behalf
the example Of the distinguished and noble Sen
ator from South Carolina (Nr PreSlon) he had
the honor to give his reasons for voting or this
amendment. While he believed it would effect
his object and give this relief fast as he could,
it would, at the same !ime do great deal to
preserve the harmony and union Of the ascendant
political party.
In the next place, did it no! appear, in an ex-
tended view, that it wes a thing infinitely de-
srable to make such charter Of the bank, that
while they could afford to the country all the
good that such a measure mi ,ht do, at the same
time that would conciliate the scruples and oppo-
sition of his eminent friends. For the peoples
sake let the legal and scholastic matter CO. and
yield to a spirit Of compromise.
Dealing with it as practical question alto
ce;het, he desired to give TO his country Bank.
lie had one reason 10 give for this most painful
duty Of his life, by which he differed from his
friends. He must say that be believed ha:
Bank, chartered under this amendment, would
lead a quieter life as a Bank than Bank char.
tered otherwise. Judging from the past. he &C
knowedged he was very much afraid tina: such
Bank would lead but an unquet existence
after aI--like ratification on h0sti lie border.
never at peace, always belligereut, never falling
perhaps, but never sale, the price and inci;er Of
hostility inSuperab,e. he wanted to see Bank
Of the United States that should stand up among
them, not as an out post, bu: as 4 dear and cher
ished institution Of their o"n, -eposing on tn
| bosom Of the Government.
Mr.. SIMMONS said he proposed TO be
practical man. and this was presented as ! prac.
teal question. He would compromise no prac-
teal utility to support any abs:rac! question OF
/ power. He must, follow the convictions Of his
duty: it had become time when duty was clear;
he had no doubt Of his duty aud oil the eXpecla
tons Of his constituents. |! was painful 10 him
as it was 10 his friend, but there had come a time
in our history, when they could differ and still
differ at peace.
1t was most practical TO retain this doubtful
/ doctrine, to recognize it in their legislation On
this subject without denying the subject or Object
. Of It. Did those who entertained doubts, re-
| lieve themselves from this amendment Then
It would be question, which should prevail,
whether the desire OF relieving men from embar-
easements, or 4 desire to keep along with the old
beaten track. He could see no possible shield
that would be thrown over them, under the
amendment, that was not in the bill itself.
He would give the gentleman from Massa-
chusetts the reasons for higher sense Of duty
which prevented him from responding to the call
he had made on him for his support of the amend,
ment. lie regarded this question as q settled
! question, aud would state a few facts on which
; his Judgment had been formed, as to the unques-
tionable power Of this Government: TO esta0li sh
such an institution.
/ He would refer to certain facts in the history
/ Of this Government. One OF the leading OBI ects
for which the convention to frame this cons'Ita.
ton came together, was to give the power 10 this
Government to establish National Bank; 1t
was 50 laid down by Madison in his history OF
that convention, and our toreta!hers never failed
to accomplish any .audlble object. In the mex:
place he had the mos! lndisPuIaole testimony tina.
they had accomplished that same OBJECT. and tina:
evidence was given in their own acts.