The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1841-07-01

AN08 &n0 6&NNNk9%t& saAtttA@1h@NAa
DELIGHTFUL "REMINISCENCES.
The Charleston couner has opened up
. rich vein Of deiighiful political resainis-
eences for lhs loco foeO party Of SOulh
Carolins in general, and Mr.. John q.
Calhoun in particular.
These worlhies mnsib be highly deligh-
ted al this drawing out Of valuable.
though almost forgotten stories from the
great lumber house Of the past
Hear The last Courier.
A NATIONAL BANK.
The determined altitude Of resistance
now presented by the dominan, parry in
this STATE. sgsinsi The charter OF a United
States Bank, by Congress, on grounds oil
both eonstIiutionali,y and expedieney.
renders il proper that they should be kept
permanently rsbukrd by lhe authoritative
voice Of the Stale. consiiiuiionaliy ex
pressed through her Legislature. in official
action ON a proposed amendment Of the
Federal Constitution, By . sister State:
and by the authority OF their own great
political leader. We shall therefore keep
The following matter standing in Our CO.
lumns for some time.
In 1921, The Legislature Of South Ca
rolina had the question oilhe competency
Of Congress 10 incorporate a National
Bank. directly before IL, and solrmnly.
and without known dissent, thus adjudg-
ed such competency 10 b. constiiuiionslly
vested in Congress; and that il was wise
and polite 10 exercise the power Of Con
gress in iis fullest extent.
Lsgisisn1s Of SsHik carsliaa.
IN THE HOUSE or REPRESENTATIVES
December II. 1891.
The Special Committee. 10 whom we're
referred the resolutions from the several
States Of Pennsy lvanis. Ohio, New Jersey.
Vermont. and Illinois, beg leave To RE.
PORT. That they have had The same
under consideration. and End. ,ha, the
Stale Of Pennsylvania. by its resolution.
has proposed an amendment 10 The Con
s,i,ulion in the words following. 10 wit:
That /" Congress shall make no law TO
erect or incorporate any bank or other
monlet institution, excep, within the
disuie, Of Columbis; and every bank, or
other moaisd institution which shall be
established by the authority Of Congress.
shall, Together with ils branches and Offices
Of discount and depusite, be confined TO
The District Of Culumbis:" in shich that
Sale requests the concurrence of her
sister States; That the States OF Ohio and
Illinois have concurred with Pennsy lvsnia
in the proposed amendment; and tina, the
States Of New Jersey and Vermont have
thereto Your Commi,tee are
unanimously Of opinion, tina, as Congress
is constiiuiionally vested uith the right
TO incorporate a bank, il would be uu.
wise aud impolilic to restrict its operations
wilhin such narrow limits as the Dl.,ric,
OF Columbia. They spprshend no danger
from the exercise Of The powers which
the people Of the Un,ird States have
conided to Congr,s.; but believe that in
the exercise Of these possrs. that body
will render hem subser'irnt To the erea,
purposes of "ur national compact. Your
Committee ihrrefate tee leave 10 recon
mend TO This House the IoIlowing resolu.
lions:
ResolUed. That the Legislature Of the
SiaIe Of South Carolina do not concur in
the amendment of the Constitution Of the
Unled States, proposed by Pennsylvania
IN the following words" Congre.s
shall make no Law tn erect or Incorporate
any bank or other monied institution, ex
cepI within The Disuic, Of Columbia: aud
every bank, or other monied institution
which shall be established BY the authority
Of Congress. shall, together with It's
branches and Offices Of discount and
deposIie, be confined 10 the District of
Columbia"
ResoiUed. That the Governnr Of this
State be requested to transmit copies Of
the foregoing resolution 10 the executives
OF the several States. with a request that
they lay the same before the Legislatures
thereof.
ResofUed. Ths, the House do agree to
the report. Ordered. Tha. il be sen, TO
the Senate for concurrence.
BY order Of the House.
R. ANDERSON. c. III. r.
lNT1E SENATE.
December 10, 1891.
Resofued, That this House do concsr
with The House OF Representatives in the
foregoing report. Ordered. Ths, the re.
port be returned to the House of Repre-
seniailyes. By order of the Senate.
WM. ID. MARTIN. e. s.
" National Bank--I might say with
ruth that the bsnk owes as much 30 m.