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

Scna'e ny woe IL 10 ~, and which WAS
rejected IN the House by The Casting vote Of
he Speaker. tSee Ion,cal 1915, pages 63e-9.l A
tew days afterwards this vote recunsid, red bv
vote OF l07 to 5a-mosi oflhe Republicans voting
iot II. (See journal 1915. pages. 64f-2.) The
bill VAS thru rerommnled 10 u selec, committee
WHO shortly afterwards reported il with amend.
tenis. reducing tie capital from fifty TO thirty mil.
lto ,fdollar aud II was passed by vote Of 100 10
3I-mosi ol HE leading Republicans again voting
/ tof II, tSee Journal 1915, pages 652-3.)
This blll WAS snnt 10 Mr.. Madison Tor his sigma.
| tue aud on the Boil Of January, 1915, he rers,n~t
IL "uh h's oiIrctons, or Ia uther words. lie reioed
Tue hlll. Bul, sl,, d,i he rest his objections on
constitutional g,nand,l Lei his message answer
iof INN In that mem, rabe document Mr.. Mad
lsoo u.ed these slfong expressions:
Wntine the question the constitutional bo,iry of tho
hinrr Ia establish Incorporated hank Icing pr.
elulcd IN my JUDGMENT by repeated recogniiions under VA
aes ol the legislative, Executive, and Judicial hrancI,es Of
the "otc,rmth' accompanied by imIieaons in dIacr.nt
o"tlen al the viii OF the nation the
does mol aPpeef be calculated 10 purposes
'lnns The public credit Of providing nnonal medium Of
circulation, pd ut aiding the Treasury t fnciiang The
alrhsa" no' paonso the revenue, aud by ailortlg tho
Public mule dunhle luons.'
llefe, Mr. Chalrn@n. it will be- seen thai Mr.
Madison distinctly abandons his constitutional oh.
jfc'ons, aud uraling ,hat question AZ setied. no
'ess his veto on Tie defects IN the provisions Of tho
bull ilselt.
When the bill was thus rctnrnedb, Mr.. Madison
whh ha "l lefuohs, an attempt WAS made TO pass il
II
vote olt"o-lhlris, but II tailed ayes L. noes TO-
on lhls proposition Mr.. Giles. The republican Sena-
tor OF Virginia, ypied ay. or, III Other words, for
The passage o the bill. (See Doc. Hist. Bank. u.
). 5g6)
TIA, bill having G,ied, Mr. James Barbour. n
distinguished republican Senator f,om VApinia.
Immediately introduced another bill conforming 10 !
tue views OF the Presidents; but tins hill y rs mot
pressed as - bclevrd, n cons squance Of The news
That hcaty OF pcagemitiI Gfeat |, ualn had b,e,,
cont lnled.
Ga the oh Of DeecmbeN 1915, Mr. Madison, in
his annual message 10 Congress, called heir alren-
hon 10 HE subject Il uniform currency, aud men.
uoned BHk uifhe Unnrd 5 iales. AZ one ii The IA
gents Which would ard IN furnishing il. THIS re-
c 'nnendatmn was secon Jed by very able report
ttom Mr.. Alex iudet Dallas, then Secretary OF The
Treasury, IN VA ca he show ed the lis ensable ue-
eessns OF such an Institution. The recnnuenda-
tinns were p'onpay responded 10 by Congress-
That par Of tho P,rsde Ms message ~h.,h referred
IN the eufifncy VAS referred on the following day
t6th Deccmhei) 10 special committee, consisting
oi Nj. Calhoun. OF S1nih Carolina. Mr.. Macon. of
No,Ih Carolina, Mr.. Peasants, of Virginia, Mr..
llopkinson. IT Pennsylvania Mr.. Robertson, Of
Louisiana, Mr., II ST. q. Tneket OF Virginia, and
Nj. Pohefing 81 Massachusetts. (see journal
1916. y. %
Ga The Bib or January 1916. Mr.. Calhoun re-
ported the bill 10 establish a Bank Of the United
olales. tSee Journal 1916 =. t36l After very pro.
uacted u, bate, The question was at Il Myth taken on
HE passage o. HE bIll III the House OF Representa-
ives, Wien u passed by vote Of 80 to H. (See
Journal. 1916 pr, i69 and 4a0) la the Senate,
this bill passed by vote Of % ayes To I2 noes; and
II received the SANCTION oi President Madison.
Here, Mf. Chaitman, let pause 10 spafy 10
these voles, thar we may how far the charge
that this hank was Ftdc,a measure, caffped By
/ edeial v"lts, Is sustain ed by the record. Tho
aJ cs and nots are now before M, aud | have pre-
pared 'arelnl analysis ol incm, which exhIbns
The f. loving result: In the Senate, Of the tpentv-
ma vl yutpI for the h,uk. Rpn
licans aud five were Fed r,s,,; an! of The twelve
VIM voted a aust II, screen were Federalisis and
FIRE were Republicans. In the House Of Represen-
tailyes, of eighty members who voted for The DILL,
siriy .,ercn we've Rep .beans aud Thirteen wero
Fcderal,sts; whilst. Of the seventy one who voted
against the bank, thirty were Rrpubilan aud forty.
ono wete Fedetasts Aud YET gentlemen tell vs.
TINS was FEDERAL MEASURE! A Federal measure,
though hCo Mrds OF the Fedelasis voted against
II, and hoo Ht,ds the Republicans ia both Houses
voted inf 1t E!
But the gentleman from Moth Carolina NM
Saundefs) tells the House that the constitutional
question was not ralsed III 1916 The Fedeialisis
cstopI ed from raising II; aud the Republic
CONS intended TO vote lor II, oi course they would
not raisc II must confess his IS novel doctrine
10 me. The consilutlonai question not faIsed!--
How possible 10 avoid u! Does not tho
constitutional powrr-or, IN otltr words, the Jurls-
dlctmn of Congress over the subJ"ct-n,atIer under
consideration arse ~ evriy conceivable case! Does
not lie AZ tie Threshold Of every question! Ii you
have no constitutional power over subject. you
cannot act upu IL al, and II you do act upon II. Tho
conc osIon iiiala Your opinion. YOU have The power
TO act, necessary consequence OF your action. A.
way hen,with the noli that he cousi etona ow-
er was not drawn IN question IN 1916! ~ uas qacs-
TONED. It WAS debated, and 1t was decidea.
I}nl. SIR, may not be embarrassing OF nnproh-
table 10 let tho country know who sumo III these
FEDERALisTs were who cnnsplred 10 tasien thus
hotrbir monster OF Bank OF the Uui,ed S,aies ON
IL il,, ann ,aba
ly. | dud among them M. john g. Cahoun.s,h the
Distinguished Senate, from South Caro,na; next.
we find Mr.. Alfred Cuthber, Sena,.r fr u,
Genrgia; and uesl. Nj. Fors,t'. Of Georgia. late
Secret,r, oi STAR. Then follow in rapid succession
Mr. lns h IN, the former c,e.aiy Of iho Treasury
under Gen. JaeA suns administrator; John u.
Jackson the predecessor OF my colleague from tho
Cla,ksburs dslucl, tMt. liWs;) Mr.. Kerr, the
ptedece 81 my colleague Iro'n the HALIFAX DIS
lrici, (Alr. Coies.) Mr.. VIM. Il. King, Then Rep
/ ,eseu,auve tom \ orth Carolina, but now SenaiOr
from AlabaA.c; Mr.. Luwndes. OF South Caroina;
! Mr.. Lunpkiu, oil George; Gen. William Mccoy.
toe pr decessor oi my colleague from the Rocking
/ ham, district. Mt Hars;) Mr. Samuel Smith, OF
Maiyilud lale "A dlsing uish Democratic Sena-
j tor from that Stay; and Judge lieuiy 81. George
Tucker, pfesen, The able aud respected President
of he Court OF Appeals Of Vlrginia, aud The ac-
kuoHedged ad OF the Democratic pity IN that
,, ate. These are lew examples, Mr. Chairma0s
of the FtderaiiSts who Instrumental IN h iiict-
ing thus deep wound upon the Constltuuol OF theii
country
Now, sir, lie, us iaok upon The Other side Of The
picture aud see wfo were the sanch Democrats
who resisted his monsirous eneroachneut on the