Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1841-06-24
POLITICAL.
Mr. JEFFERSON AND rHB Us. BANK.


MR.. JEFFERSON AND rae U. s BANK.
The Loco Foeo Press have been pots
assIduous ~ their sndeators 10 hupt ar
authority - show that the great Abostfs
Ioi Democracy. THoMAs JEFFRRsos. CO.
ineiSed with them IN his hostility 10 q Ma.
'ionsl Bank. True. they have rot been
very sueeessful. but aoTOrtheIsss they
have made up in rouad deelaFation what
tbey lacked IN proof. Il seemed 70 be o.
no importance that general WAsatNas
IoN. 10 1871. WheE the lrsl UniSsd States
Bank was presented by General Hamil.
ton' and passed by Ccagfesa. approved Of
the same; that The elder Adams, his suu.
eessof. Mr.. Madison. Mr. Monroe. and
TIE younger Adams ell were in favos oi
THIS great Fiscal Agent: bot they saw
mat Mr.. Jefferson was opposed % Il. A
mend, who is fond Of searching out facts.
nas within = few days, refeFFed % 10 au-
tnoTItles TO show that Dir. Jshatron eancs
Toned the measure. 10 November. H.
lO3 Congress passed On aet aalhorizipe
the Bank OF the United States 10 loan .
sum OF money TO The CoveFnnsnt. 10 en-
able them 10 carry into effect the French
Convention, which was approved by Mr..
yehersoo. The may be found in chapter
5, section 3, psge IL, volume Z Of Laws
u United States. Here is 4 stroaa casa.
that II Mr. Jefferson did not approve.
be sanctioned The Bank.
a stronger case than THE occurred in
1904. when Congress passed, q supple.
mentary Ae, authorizing the Bank 10 g.
tablish Branches In different parts Of IhS
United States, which. having passed both
Houses, was approved By Mr.. Jsffersor
23d March, lSO4,-s chapter 30, page
81, Vol, \ OF Duane h sons edition. pub
lished 10 1906 Here IL q case Sirectlv
70 point, where Mr.. JefsTSOn did saaefios
Bank. How those persons who nov
maintain that be Vas opposed 70 Banks.
Sill get over this case, We cannot con-
ceiye.
Another case is on record where be
gave bic sanction 20 The Institution. which
vas 10 1907. A Lac was pissed 20 pun.
iSh frauds committed on the II. States
Bank, and yes approved By r. Jshsrsoa,
10Th February, lsO7--to Be found in vol.
g. Psge 277.
Here are three distinct !aWa relating 10
the United States Bank, which were sane
toned BY this great Apostle IL Demoera.
ey, and YET Il 10 Stontly maintained BY
those uniiendly 80 the Back. that be was
opposed 10 Il. To ell lhis may be added
the fact, that during The whole term OF bis
rehabilitation the Bank was ia operation.
and We believe 90 feeoFd Gan Be found
where be IN q single instsnee, opposed
the Bsnk. With these facts before as.
we have . right 70 say. that Washington,
the elder Adams. JsGersou, Monroe aud
the younger Adams, al approve Of The
ConsiituttcnaIty Of the RaaE
We have one suggestion 10 add ADD
that 10, that 30 passing law for the sslAb.
lishmeni OF fkird United States Bank.
We hope the PFesmbls Of the 6rst Bank.
bsooght forward BY The frat Secretary Of
lhs Treasury, Alexander Hamatoa, may
be adopted. which law was approved 81
George Washibgtob, the 2Sth FsbfuaFy.
i79l, which may Be found ia yolume 4,
Of the Laws Of the Uhiied States, printed
by R. Fclvell, 1886, page 2S3. ehaptef
IL, section 10, which Law seihofizes !
bank with the eapitai % two millions Of
dollars.-l .NstC York EEPrsss.
IN eoUnexion with this subject. Il ooS
eurs 20 us 10 state that one Of The most re-
spected citizens Of Virginia. who Vas Re-
pabibean Of i79S, aud y ill Be oas 10 bic dy4
Jag day, u letter We have jest received
from him. AdVeFting % ths adysataRs lbaI
IL attempted 10 be iskea Of Mr. gefefsopy
official opinion IN 1901 on the subieeNof
hsiiQDsl BsBks says that, apart frva4
The repeated sanction 30 the afst BBnk
given BY SIR IsGefsoo's approval u che
s1iension 81 u 70 Bosisisaa, end 81 other
scta felaiieg 70 Is. Be (lhs wiitsF) eelf.Fe.
membsfs hsvisg beard. fioD psfsans who
were pfsseBt Wbss ~. Msdson sigbs.
iufs q the Bsnk bii 81 1916 va Coz.
demned, ihal Dr.. JsfeFsoa aih efsa6
emphasis viBdieaisd ME. Aiadzon, end
said 'thal the gensFsl Govsrumsnf nsnsf
haVe Bank - loag ~ lbs States afa suf.
fired 10 have them. Coz thas ihs fiensgsi
Government eouid act gee aioag iihoaf
ore" whoever bas q ia his poser 20
verify lhis fact from be oga tooulsaes
-~snd little doubt is eHtsrssiaed ihai ~
Jog syidenes yes sGisis--aoald eonfefa
greet ohlisaiion On iks countrs in doing
- 81 Tie Pfesenf Eomeni sithsf ibfourh
The paper % s6uha BEE ehsaBsi fyFaf ~.
a-.sa-a-s
The New Yofk Tribans ssvsf-fba
seeefshie ALERT Cslieiih 81 iLs city. has
juai pul fogsh pamphlet on ere Ceres
e.. Hs 81 q baFfsmnaeg gan in 10
1asla. but fsgogabls q Nsiioaal Bsoh ~
mctar1ie cfpiial apt hmHad rgHefs.-r
~. GeI,siiQ was ihe Democraiic Csuro9
canf51sis ~ Nies PFesideHf in Ie2i. Ga
ihs ticket uiih Wm. q CaHlefd.
Rlf asnsief Beaten bss addressed =
ieter B. = Phshdsighia comuiite. in
shick 81 ia6uires q his ntaai sbuss of
ihe wig. bul ceassisa tl.en ior ali ih,s
~ figiaa 81 aasofasGs ttaf De- afi 90
- ! rsst dtfa faT Fsssi8enf. "a srrnr.