Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-01-02
POLITICAL.

MOVEMENT Is THE KENTUCKY LEGISLATURE FOR
THE ESTABLISHMENT OF \ NATIONAL BANk
MIR. Clay is pushing his measures with extraordinary
rapidty By the time Cen. Harrison is warm in hrs
seat the bills for the restoration Of the American Sys
tenn in all its parts, VIII be ready for his signature
All that is necessary 10 accomplish tins the extra
session. Mr. Clay has now, We doubt not, all his de-
crees for the purpose drawn out-tie banking system
the slicng up the public doman-the new tariff to
make good the deficiencies of revenue consequent
therein, and 10 fill Up the vacutcs IN the bank-the
log rolling system, AL chalkcd out, and we fad Mr.
Clay's friends in the Kentucky Legislature busy in
pushing forward the pioneer measures-the BANK and
the LAND DisTRIsvTioN-hy 'nstractng the embryo
President and Congress as 10 the popular will on those
matters before tho people of Kentucky have been al
lowed opportun y ,o consider and pass upon them
Robert WcklilIe, the Senator from Mr. Clay's coun-
ty, in the Kentucky Legisature-who was a Harrison
rather than Clay man. IN the late struggle-de-
murs, it would SEEM 10 the mpeuops haste with which
Harrison is TO be hurried into MIR Clay measures He
has made hopeless stand IN the Senate to arrest the
Bank instruction in its career through that body by
debating it, while It has swept through the House OF
Representatives with its kindred resolutions rapid
" as scarcely to be- seen Mr.. Wick!.iie, however,
has had great experience in Kentucky politics, and
understands thoroughly the currents of the pubic
mind. His sagacity has, more than once, looking far
ahead, discovered the contrary point to which public
opinion was tending when these floating on IT, ina
gned it was driving the direction 10 which they had
set their faces In the sketch given by the correspond
ent of the Louisville Advertiser of Mr. Wickliffs
marks some indications will be seen of those great
interests which must be crushed in the chartering a
Bank Of the United States. MIR. Wicklitfe remem-
bers the beginning and end Of the Bank of the United
States in Kentucky, and cannot be blind its present
condition.
Judge Prtle who introduced the bank resolution in
the Senate Of Kentucky, said:
He had no idea CT provoking debate, but wished TO
have the resolution passed without H. lie did not wish
10 produce division in the Sena,e He thought the Sc
nate was fully prepared, and that the question had
been settled.
"Mr Wckliffe (who had jus, then, for the first time
during the session, taken his seat in the Senate)
unwilling Of such high moment should bc
decided without thought
ale sorry Says the sketch) that this resolution
was iniroduced-was not aware that such movement
was To be made-though Int il ut this time unnecessary
TO apitatc the suhcctt appeared TOO much like dica-
ton thus reroinioni=c Congress. Wait until the
present Administration goes out Of oilce-we have O.
thing TO expect now. Then why send vexed ques-
ton 10 Congress now: our advice will DC rejected
Moreover he did moi wish TO embarrass the Ex-
ccutiye in the selection Of his Cabinet. Gen Harri-
son was elected by great malorty-the people have
boundess confidence in him. If this question is forced
upon him. he will be Obliged 10 select Cabinet in ia
yor ola United States Bank. 1t would greatly embar-
r,ss him. We have commenced working before day
let us wal. until the darkness has cleared away He
MR. Wickliir) believed Bank constitutional, and
that Congress had full power to charter one. lie
intended to hold olicewas not fiji lie was he would
was not welded to men, bu. PRINCE pies-men often
change principles never. tie intended to hold the
new Administration strictly responsible for its acts
This measure looks if 20, up for party triumph
such things do no good-they Cypress The minority, nd
produce rerulson.
ale did no, believe that National Bank and the
State hunks couid bo e1tSt at Tie tine-yire me
such rhartcr as ,cant, said Mr. w, and ,citnr
to The State hunks sank-wi!i'ng to destroy them
National Bank is necessary the operations of the
General Government, but State banks not
~ 10 State Governments The credit of the State de-
pcnds on the aid Of the banks in other words, our
banks are masters. Ii u United States Bank is
created the State banks will linger, undergo gradual
consumption, and finally be ertinguishcd-ihe banks
OF our State would all go down, and the interest of
the State in them would be lost If we pass this
lutios the State will be pledged TO introduce branches
He did not wish TO be called upon thus pitatey nj
the CONNIE oi the session, to vote upon ones
ton Of this importance. He saw danger ahead. IL
we should banks tomorrow paying specie
abundantly abe-the prospect of a National Bank
would stop them in less than sixty days. Our banks
are now suspended-money good-the discount has
been considerable, but do not feel IT now File (Nr
had objections to most of our banks because they
are POLITICAL when So they curse to the country
He was afraid that the bank proposed will be political
1t is very popular iden for Government 10 take
stock when that is done, where are your liberties,
YOUR State Governments, and State Rights? He would
raise his voice against IT.
ave have other business observed Mr.. W.; our
loans are in had situation-Kentucky is in danger of
being blackbalIed in Wall street-let leave Con.
press to do its own business. Let Us do and go
home 10 our constItuens-let the great Bank but be
chartered, and who would keep stock in our banks
where would BE- the credit of the State: Philadelphia
stockholders would bonds, and distress the
State. When we destroyed the old Bank of Kentucky,
though the people robbed, many gentlemen made
money out oft Destroy now the banks OF Kentucky
and Of Louisville, and gentlemen who in funds will
make money out of the suferngs which the state of
thinrs will produce Mr.. w moved TO lay The resolu
ton on the table so that the Legislature could go about
its own business -the State debts must be paidthe
public faith maintanedhe was in favor of taxing to
nav the State decisive must he taxed to shirt
collars, said Mr.. W.
These remarks provoked a debate, (Which was not
closed at our last advces in the course Of which MIR