The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1841-08-26

HboEi When lh9 committee rose anu NHe
house adjourned.
Tuesday, August 3.
Many petitions sore presented, by gene.
raj consent, and appropriately referred.
The house again resolved itself into com.
ml;tee Of the whole, and took up The Bauk
bill.
Mr.. Mason spoke his hour in opposition
10 the bill.
MIR. Charles Brown followed on the same
side.
Mr.. Washington of n. c. next addressed
the committee in favor of the bill. He de.
cIined, he SAID, going into the expediency
or cuus'tUtonaliy OF tue bank, being fully
satisfied az 10 both. twas enough for him
to kUow that national bank had been re.
commended by Hamilton, approved by
Washington, acted Gu BY Jefferson in 1908
and 1900 sanctioned by Madison, and com.
meuded By Monroe, and iaai ii. cons,ilu.
llonalty had been decided by the highest
Judicial tribunals. Ii was Justified in l70l
and SO on the ground OF necessrty and
the same ground existed now. Mr. w. sue.
cess.uIiy cunlroyerted the assumption OF Mr.,
Saunders that public sentiment, especially
/ IN North Carolina, was adverse 10 a Ia.
ional bank. Among other evidences he
adgcrted to The gubornatoral election oflasl
fall, 10 which Mr.. Saunders himself was
candidate 10 tins election, for the first
/ tune, both competiars "took the stump"
and actively canyassed the whole stale.--.
The issue made before the People was be.
tween Bank and the Sob Treasury so no.
torious was this, that the motto of the lead.
ing Democratic paper was, The People
against the Bank." The result vas, the de.
feat Of his colleague by 5000 votes. Acor,
responding expression Of public sentiment
Tad also been made by the election Of Repre-
sentatives in the State Legislature; l04
Wings having been returned, and only 66
Democra,s-al the Wings being bank men.
Ia regard to the Senators from North Caro-.
Ina, they had been required, in primary
assembly, by vote of l03 to /, to pledge
themselves to vote in favor of a bank; 9TH
erwIse they could not be chosen. The
Congressional election Of this spring gave
prec,seIy the same expression eight Wings
and five Democrats being elected; the eight
Wings represen, population of $4,000,
the five Democrats i population Of 2l9 900.
After this, could any man say that public
opinion in North Carolina was against the
bank Mr.. W. then went 90 to insist that
the issue before the people had been pre-.
eminenty on the bank question; in support
of which he stated uumber of facts Of
local nature.
Mr.. Wood Of n. Y. and Mr.. Payne of
Ala. addressed the committee in opposition
10 the bill
Mr., Bolts having then obtained the floor,
the committee rose, and the house adjourned.
Wednesday, August 4.
4 resolution was adopted, by vote OF
l0I 10 OF, to close the debate in committee
Of The whole on the Bank bill, on Friday at
70 o'clock.
Several communications were received
from the President.
The Bank bill was then again taken IN
ia committee Of the whole.
Mr.. Bolts addressed the committee dur.
ing the hour Allotted him, mainly Oh the
constitutional question, which he sustained
by forcible reasoning and reference to many
high authorities.
The debate was continued by Mr.. Brown
of Tenn, Mr.. Weller, Mr.. M'keon, and
MIR. Hubard of Va. in opposition TO the bill;
and by Mr.. Profit, Mr.. Milton Brown, Mr..
Gamble, and Mr.. Afford Of Geogia, in its
favor.
Thursday, August 5.
The Rauk bill was again taken up in con.
uiilee of the whole, and the debate was con.
inued until past ten o'clock, when the com.
nlitee rose, and there being no quorum, the
house adjourned.
Friday, August 6.
The Bank bill was again taken up in
of the whole.
Mr. Roosevelt addressed The committee
n opposition 10 the bill, and Mr.. King in
IS favor.
Mr.. W. Cost Johnson then obtained the
loor, SIX minutes only remaining before the
lrriYal Of the hour at which the debate was
Q close. MIR. Johnson proceeded by say.
ng that his princJpal reason for desiring to
peak was ocCasoned from The fact that he
lad been on the Currency Committee, and
lad consented that it should report the bill
which It did, without committing himself
pon the details IN the House. Although
bat bill had been reported, and was ditfe.
enI from this, he would vote for the bill now
ndor consideration. His reasons for doing
o, he would condcuse as briefly as possible.
lie believed that Congress had power TO
siabllsh a National Bank, or a Fiscal
'gent, as YOU may please TO call 1t. He
the pouer, on the part of Con.
ress, to be closed question. When he
ouId believe tina! the Congress which first
assed a bill-tha, Washington, who first
gucd bhl-that Jefferson, who signed a
ii to establish branch of the first bank
nal the Congress tina, passed the second
ank charter--that Madison, who signed
10 charter-,hat the Supreme Court, that
as decided upon the question, and the con.
nrrent acquiescence of the People of tho
ntfn1 t,r C,rtv c,,r.