Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1841-07-31
Mr.. RlrEs OF VIRGINIA AND THE
NATIONAL INTELLIGENCER.

A hU n Az AAN 4 AsAaAHA u AaAN ~ --H-f
Mr. Ryss. ubsa diseIisinz the qlssIioa OF
nahsn,au,s opinion, 10 regard to the settlement
q tbs CONVENTIONAL pawvr or Coagfess to esiao'
hsh National Bank, advertsd to The i0lloHiag
editorial remark Of this mornings National lr'si-
hgsnesf:
1--WE hsye stated fact on authority upon
which entire reliance may be placed, w that
Vheu Mr. Madlson's Signature ol he Dams OH 81
1916 was condemned N conversation ~ hs pre-
seace, Mr. jefferson, with great emphasis. "ndi-
Gated Nc Madison, and sa'd that ne General
Gersrnmeni nasl hare a Bank 50 long as The
.Siatss ,rers ~ fired 10 hare iismor that The Ge
neral Gors;Hnsai eOaid mol gel along ic'ihoai
one.
AVE are now enabled to present evidence Of
a nature to satisfy every reasonable mlad that MI
Jefferson did, three years at least tgore MI
aladison's signature Of the Bank bill declare The
eons,itnlional,,y Of Bank Of the United States 10
be a ssilled qu.stion.by adjudication OF Congress
the judiciary, and the people 10 'shieh he ''os
Wiliing 10 ed his ouH opinions on he SUBJECT
Mr.. Riyes then read passage from a letter Of
Mr. Jefferson to Mr. Eppes, written three years
subsequently to the passage Of the Bank, which
II is here pretended be declared It's Willingness to
suppor; in whlch he declares his own unchanged
conviction of the unconsuIutoua.ity OF such ~.
sii,ulion, md points 10 the very decision Of Con-
gress 10 1911, lrun Nh,ch Is pretended he
would have disseni,d as settling tic question "A.
gainst the power forever. We copy the passage
read by MIR Rtses to the itnlte IN his speech to
day;
Extract 1om letter from Mr Jefferson 10 Mr. Ep-
pes, dated Monticello, Nov 6, 1873
"Aller the sulemp decision al Congress against
The renewal Of the charter Of Ibe Buak Of tie L,
S.. and the grounds Of that decision, (Ihe want Of
constitutional poweI,) | had imagined thu. CUES
ton at rest, and that no more application would
he made to ihsm ior Inc Incorporation 81 banks.
The opposition on that ground to IT'S hrst eslab
llshmcn, the small majority by which il was
oyerhome, and the means pracIisfd for obtaining
II, cannot be already forgotten. The law having
passed, however. by u majority ~ opponents,
true to the sacred principles ol submission TO II
majority, suffered the law TO flow through Ihs Term
without obstruction. During this the nation had
time to consider The constitutional question, and
when the renewal was proposed, they condemned
ii. mol BY their representatives in Congtcss only.
lul by express instructions iicm dilrreil Of 4.tns
oil their viii. Here then we might stop aud CON
sldtr the memorials as answered But setting
authority apOli, @e Will examine whether the Lee.
gislalure ought TO comply with II even # they had
the power
lie proceeds then TO argue against the expe.
diency OF the measure, and to deprecae HE pa.
..xl ~. A
tent ofthe oppression and taxation imposed upon
the people by The banking syslrm.
But it il pretended by another anonymous vii.
ness quoted BY the lnIellgencer, that, IN lSl6,
after Mr. Madison signed me Bank cha,ter. Mr.
.lellcsun resigned his opposition 70 n National
Bank. 10 luolsing,aIicr our return from The SEN.
ute, over his letters published BY his grandson,
we found one TO Juhn Taylor of Caroline, IN
1916. In this letter to John Ia, lor Of Catonc
dated May rs, 1916, several months subsequru,
10 the approval by Mr. Madison Of tho Bank char
ter he uses tn following language
'And sincerely believe with YOU that banking
establishments are more dangerous than STANDING
armies, aud that the principle Of spending money
70 be paid BY posletiy under The name Of funding
IL but swlndllng futurity on large scale"
llaylns nov re!utt d the statement oil the Intel
ligencer respecting Mr. Jefierson's opinion on the
subject OF tho Bank, we subioin, in conclusion, a
few sentences Gom letter 10 Mr. Loiper, dated
lQth June, 1915, on he subject Of The mIsrepre.
seniaon Of bis sentiments by the Federal prints.
We quote them as strictly applicable 10 the new
Interpretations Of Mr. JefIenoa's sentiments
by the National Ineliigtnccr, aad we adopt MI
Jelersons remarks on this similar occasion, ia
save ourselves the trouble Of making any.
The Federal mlsrt presentation of my SENT
nents, which oocasioncd my former letter 10 yo,
was gross enough; but that and all the oihsts ar,
exceeded by the mpudcnce and alsehood Of III,
pflaled extinct you sent me from Rnphs paper
The word iedtrol or lis sypo
nyme, he, may, therefore, be- written under over,
word OF Mr. Ralph's paragraph Blu
lies, to save division among US, ao so stale Al
arlihcc Of the Federal prints, and ate so well un
derstood, that they need neither contradiction 9
explanation. ~ Globe