Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1841-08-19

u y.
rnke la6) fhls proposition ELECTED another ,er
abr discussion, aud on the 9th II January Is
The vote wa. iaken by ayes aud noes s.e journal
lsll, page 500) and tie result W., uyrs Co. nor
OIL - the mouon WIS caiit,d. There is on,
Iaei IN rsgaid 10 the vote to which will call iht
attention Of he House. and which | beg eay,
TO commend 10 the particular consideration of III,
rhlehgue from the buckingham distri Mt Ilu
HARh.) II ~, that John Randolph nj Roanoke, h,
eenllrmnn's Illusttions predecessor. voted agains
VI. Ncwtuns hoilon 10 ''lay the aAe 10 the iuot
b, destroying the Bank.
The subject of u renewal of the charter was IN
induced mo the Senate. also Al the same session
aud 'itef ull discussion, The proposition To stlke
on The enaetlng tlausc catltcd by the casting
WIN of The Wee President If the Unued States,
tue cnale beng equally dvmed-l7 To II and
Ihts fIIstslon, viii adj, WIS WITHOUT gtd TO par.
y; Tor Ne fad Nj. Br,nl, Of Virginia, aud Wm.
~. tthnft ~. III the ntRIu,c; Whst Coles and
'IaA, mud Other distinguished Republicans, were N
the lliifn alive.
Thus II viii BE- seen that this mcnsurc lost
ny > M lalty Of one III The House ot Repre- senta-
t'ses, aud by The casuns OF the Wee Pres ldent
IN the Senate Aud vet this IL The dec sion upon
"hlth Tho gentleman tIon Month Carolina (Mt,
NAuNptRs) relies, - oveiruug the decision OF The
Largo dlout,es IN The Congress IT 1891, aud The
solemn Judgment II P,esidcnt Washington For
my own pant, MI th umau, | ,cgani tins decision
as having none at The Huhouf, OF Il constitutional
precedent; iaf independently ii the lenuness Of the
IA latille', there are other trc unstucts wllGh
Sho" thai the question WIS decided not upon con
sIliullonal grounds but upon mere considerations
"i expectancy. Tins Is manifest tom the tact that
We see eentln ZEN ol opposite political opinions va
loe together AZ iot example. William H. Cav
fond, nj Georg,, aud Timothy Pickering i Mlssa-
chnscits.
Bni there are Other views which show why the
br1k was not ,cchaileiel Scven-ieuIh, of the
whoe Stock OF ihn institution was oNnnd by
Y, ~ = aver IA q.
oi II war with Great Britain, every consideration OF
sound roI1ty would seem IL require that such
bank should 0oi be iechaueicd uudet such oncum-
stances.
Her, Nj Speaker, Jet me pause for a moment
10 adsrtt Ia singular ncidcnl the political histo
~ Of n,y beloved native State. Which tends noic
sllnnRly tllan any circumstance within NY know
ledge to Prove The Strength 81 hci dsynlion IL What
ae here leimel " Virginia ab slfacllons." In 1911
The Legislature OF Vagina instructed her Senators
VII. Giles AID Mr.. Bfrn) IL oppose lho renewal ol
the charter Of die Bunk oi thc umred States. Nh
Cities made speech III Tie Srntt III response In
the insitnt iluus, IN which he denied the night OF
the Legislature 10 instruct, but nevertheless lac
Welded pncuofd obsdruee 10 the legislative mandate
by yoling against the Bauk. Mr. Brent, on the u
thfi baud, promptly adui1ed the right to give The
b1l ptaefichliy dlsohrsed II by voting
lnf lh' iank AID strange 10 sly, Nj. Chairman,
Nj Cues, "ho drnrd the "absnciion," aud yet
Voted ~ obedience Ia tie legislative will, lost case
's polilienu; whilst his colleague, MI Brent, who
adnnllcd tho "ahslaclion," and practically dste~
eardcd IT. retained his popularity without The snal-
lcs dinllnHIion. I hese 1d,ts | have from many
sources, AID a. ongs others hom my Venerable
coea n tMt THl alr'ro) on my 'lght.
In tie yea Isl The subject oi tncofpora'lnga
Bank II tie Uoncd Sra'es vas again renewed
Ga 1bn ii al Ann, 1871, Mr. Grnndy, OF Ten
n, ssec moved the following resolution:
Rcsoired lhui u committee be appointed To inquire into
the ~. deny al establishing Sallona Hnns.'-lSee
Jounhl 1911, =. 33O)
TINS WAS ucll ne close OF the session, however,
aud 40 ael'ou ptew oul oi II.
GA HE l9h oi September, Isl a special scssnn
OF Congress commenced, anu on lhs IAN III oGto-
bri John w. Eppes, the chairman ot the Com
miilec Of Ways and Means. addressed letter 10
Alexander ba las, tie Secretary OF the Treasury.
asking HIM 10 suggest measures Ion the revival aud
maintenance oil the public credit. AID here, MI.
permit me 10 pause for Il nomcnt 10
nnle the colnetdruee between the course taken by
Congress ~ 1siI and IN 100. la both cases The
Seefrtty oithe Treasury called ON suggest
measures Ia establish the public credit. The LAM
gnage = almost The sane III both Cases. In 1876
Hamilton ~ called upon 10 re oft measures ior
establishing Tho public credit; aud III 1914 Dallas
- requested 10 suggest such additional provisions
rs may BIZ necessary 10 revive aud Inaiuia,n ubn-
pared The public cfedu.' II would seem. BON the
similarly 81 tho means used, that The Congress Of
Isll VAS arriving indirectly N The same end wn,ch
was ATTAINED by the inqnfj OF $780, w. the recom-
mendhtlen Of Bank oi The Uuued Sldles. Wh.th-
such the intention or uut, II Is very CERTAIN
lllai such was the result ton, The l7ih oil the
sanr month. MIR. Dallas responded III tire qnny
By irC6mn ending The establishment oi Il Nalondl
idfk. After full consideration ui tins oonntuui
cation oil Mr.. Dallas, tho con.m,lee reported
resolution IN lhcse words:
"Rcsoifed, Tint it ia cxpcilcnt establish National
Bunk Win brnnces IN the several States. 'tsee journal
l5ll p. o0ll
p"n ms resolution some proceedings were had
winch commend 10 tie attention al those genie
men who are opposed 10 he branching power II the
Bank u ihc United StGts, MI. Sauiuld moved to
strike OIL The latie bt,nch Of The resolution, 'wnh
branches IN The several States" Upon this gnes-
ton the yeas aud nays WIRE tkeD, aud the yole
stood yeas II, nays 1873. A I'D among the nays mete
L. i. Barbour, ol Virginia, J. {. Cal oan, OF
South Carolina, J. w. Eppes, Of Nlrg nv, J. Fol-
j. q. Jackson OF Virginia, Wlu. X. King, OF
Alabama, W. Lowndes, Of South Cmolua and
Alfred Culhbcu, OF Georg~,ani host oil other DIS
nngushed Repubcaus.-(See journal 1874, PIP.
501-'5)
The amen Uncut having be defeated, Il qnes-
Il u rrCurted on the "doprOn oi the original ieso-
luton. And here take leave 10 say that ihis Is
lie onl, occasion within uy knowledge on "h,ct
the b ttaci question OF bank bank has been
subm1ltd 10 Congress, unembarrass by aGy mat
Ter Of detail IN the particular measure ptoposed
plesrnts the naked question, 10 be decided wnhou
.leieiehce 10 any oxtfaneons circumstances; auG
reuce the DECISION possesses more IN crest ant
mure au horny as q p,rcedeul than any other de
ci,ion wtthln ny knowledge. Now. SIR, how d.
>on suppose the vote stood! II you VIA consul
ipe journal OF 1874, pages 505 aud 50ti, you wi
find that, upon TINS abstract proposition, the vo
stood asts 80, nors 3 |, or nearly two TO one Ia