The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1841-09-02

mai ~ We dale 0l u - report. Nr. q lila.
an was = msmber a Mr.. Isiisrsun's c.
oines. " ne ialsfr ass silll opp0.sd sn
bank on coGsilrliansl groands, the
spscisrle Gas eahibnfd Of The financial
"fheer Of The Administrator recommend
ING 20 Congress gresl measure Of ma
lionsl policy. which shsi bndy was for
oiddea 20 pass. snd whieh The Prssidsas,
o had BEEN preserved o BIN fsf NJ. sig.
nature. rosld not have spprosed. Sir, il
% scarcely probable that. during he in.
ierssl 81 iwtlse-monsh, ron March.
1908. when The memorial Of he slsekhoi-
de's was referred 40 Mr. GslIssln, % the
same month in 1909. ne Presiden, a
The United Sa,rs should not have been
consulied by his minister ef finsnca on
90 inpaEl.ni . question 80 the ons sub
miiied 10 him. ! am not coaserssnl With
The movements &C csbinels. but IL l. diff.
culi 10 suppose that Mf. Jefferson vas
profoundly ignorant of The inlenllon %
his Secretary 10 reeommsnd ID Congress
the re-estsblshment of The bank. II 10
sill more difficult 10 suppose. IL Mr.. JEFF
feDon regarded the bank IS uneanslItu-
il"nal. or. in the languages of he Senator
from Soush Carolins. CMr. Calhoun. I in
compaiibls with public liberly. ihai be
should base been seeesssry 10 a propo-
silion 90 dangerous and alarming as that
contained in The Seerelary's repor.
Bat wlll NOT press Ibis point. Ipass
on TO other names. and come II once 30
The year 1911.
In adyeriing 20 those. Mr.. President.
Sho a. that period advocated the renewal
Il lhs bank. - they are exhibited on the
list 81 recorded votes. The eye ialls upon
the name II Distinguished man. who.
although leading member uf The Fed
srsl party. VAS. nevertheless. conspicu
aus far bis public spirii and his entire dis-
regard 81 party Ties. when Tie interests and
the honor Of bis euun,ry were a, si.ke.
! mean Of course. sir. Jamrs A. Bsysrd.
of Delaware. lie was mol only palri-
OF, he ~as great constitutional lawyer;
and whether you consider bis talents. his
learning. his integrity OF his nnwssering
lure Of com ~, there are fsw men, Of
any party. whose opinions on consliiu.
iional questions are Of higher su,horrfy.
need not add that he voted for The bank
in 1911.
Equal 10 him in patriotism. In inisilecs.
and 10 the commanding qusliiies OF .
statesman, but OF adverse paliiicsl prinei.
ples. among The foremos. OF The active
supporters of The bank. was The great
sou,hern Senator. William n. Crs~ lord.
Al the mention Of his name, Mr.. Presi
dent. IL woulJ be no matter Of surprise IL
some gentlemen on the other eide Of this
Hall were 10 recoil from The developments
To whieh b. opinions may eise rise. II
there was any one politician whnss reer
was distinguished By his advocacy Of the
bank, aud whose position was universal
ly understood, Mr.. craa ford was the
man. Yet. SIR, no fact is more thorough.
Iy interviewer with The history Of parties
IN this country. than that The late Piesi-
dent Mr.. Van Buren,. was his strong
friend in his canvass Tor the Presidency.
in 1924. II cannot. Ibelleve. be denied.
ihs, lie was for Mr.. C,aa ford flrsi. for Mr..
Crawford last, and for no other individu
al but Mr.. Crawford. until the lss, hope
Of his election was abandoned.
Sir. i, is perfectly well known. tina, tie
opinion 81 Mr.. Crawford had undergone
no change an the bank question. In The
revolutions of parties he had no, fsllered.
lie stood in 1924 where he stood so
proudly in 1911, when following the die
tales Of bis own judgment, he separated
himself for lime frum The party wnh
whirh he was associated. and voted with
the Federal party for the bank. He had
given BY THE movement the hishes, pos
sble proof OF the esrneslness Of his con.
siclions Of The great importance Of The
subject. lsaid tina, he had not changed
his ground. and, in support Of the decla'
ration, l take leave 10 read an cxirsc,
from leuer writer by him 10 Mr.. ln-
gersoll, in 1891.
"Thc opinion which fnrned Of the Bank
III Uuiied States when I was q member Of
I the Senate, was the result Of careful exami-
nation Of the Constitution of the United States,
made without any pre- conceived opinions.
| That opinion is recorded in two speeches which
I made IN the Senate IN 1911 Since that
time have had no occasion OF reviewing the
question. My opinion remains unatered.
al was Secretary ofthe Treasury more than
eight years. and during that time had ample
evidence ,fihs grea, utility of Bunk Of the
United States, il managing the fiscal concerns
Of the Un,an. ! am persuaded that no man,
whatever his pre- conceived opinion may be,
can preside over the Treasury year. without
heinc deeply impressed with the expediency oi
the United States Bank III conducting tbs
finances Of the Union.
"Thr provision Of the Constitutions which
gives Congress the power 10 pass all | VS.
| which may be necessa y and proper TO CARR
4 into f,ct the enumerated powers. gives Con
qress tho right to pass The Bank bill, unless Z
law most pro,er Ia carry into effect the powell
to collect and distribute the revenue should b.
excluded by that provisions"
/ Il will not do to say. Mr.. President
that the bank question was moi as impor
tant in 1924. az il now is. or has eve