Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-07-30
>uNGRES~--l>t session.

Mr.. BUCHANAN oPEECH.-lhe response OF Mr.. Blu.
chanan 10 Mr. Cays opening expansions of The Bank
bill and report has been delayed by the weight brought
upon columns by the current debates of the two
Houses aud by speeches, which having been lodged in
The Office first, had precedence that account MIR
Buchanans speech could not, however, appear at bet
ter time The Bank bill as il has emerged from the
Committee Of the Whole in the Senate is obnoxious to
all the animadvrrsun Of this speech made before it
subjected To the process Of amcndment There has
been amendment made which alters IN any degree
the monsirous features of the measure, depicted IN
Mr. Buchanans opening exposition. We hope the
Democratic journals will universally give this speech
an insertion in their columns IL is apt preface to
the editorial labors to which apprehend they will
address themselves during the next four years
GGiobc.
SPEECH OF Ma. BUCHANAN, OF PrSSsrLvAsiA.
In Sl"ate, Htdnesday, Ja!y7, lcll-On The bill 10 IN
corporate the subscribers IL The Fiscal Bank OF In,
u
IL original NY intention, III opening this de
bate side Of the question, TO coniine myself t.
some observations in reply 10 the report Of the Select
Committee on the Currency, and 10 the remarks "l
The Senator from Kentucky, Mr.. Clay which con
Sder as mere supplement 10 that report ! inlrid
still 10 pursue tins course, although the occasion IS
~ tempting 10 depart from II, and 20 a, large into
the discussion. think il could he demonstrated that
tins bill, considered III tsefas a mere Bank bill is q
production OF the dark ages Of the world, and does not
come down beyond the tenth century Of the Chris.
tan and that, in lis preparation all the lights oi
knowledge and all The lessons Of experience on the
subject of banking, have been utterly dsregardcd =
Bn waive all tins for The present, and proceed 10 my
reply
And, IN tie first place, the committee declare n
'ther deliberate conviction, that vast majority Of tht
scope of The L. 5 concnr IN The cxpediencY Of
a. shing such IN institution Bank Fine I. ;, and
tirt they are now looking wth anxious sncl'nGc Ia the
deliberations Of Congress- under confident! hope that
Bank Of the |. ). Will b. established at the present
extraordinary session of Cnngre.s
Ii their "Gc!,beratc conviction that vast MAORI
Is Of The people Of the L. S anxnusly desire The
blishmcnt Of Il National Bank Whence Is this ''drli
aeraie conviction derived From what does
u proceed: am entirely al loss even to conjecture.
Was the question of a National Bank discussed any
where before the people By the great Wing party pre-
.,ous 10 the late Presidential election: Was the Is
,sbshmrnt Of such Bank then made turning pom,
u Wing policy any where: No, SIR, III" the Wings
r9cry where shrunk from the question They conceal
I'd Their Opinions on the sul,lecl-nar more--n some
States Of the Union they prolrssrd that hostility 70
Bank Of the I. : was ii the cardinal principles
Of their party. The Wing Convention Of Virginia, in
rr address 10 the people, expressly declare that Gen
HARRISON opposed IL a National Bank; that he
against constitutional grounds: and unless
greatly mislnforncd, distinguished gentleman oi
North Carolina, (Mf. Badgrr,) now member Of the
Cabinet IN address before the Wing Convention Of
that State, Indignantly pronounced the assertion that
General Harrison III favor Of such Bank, to b.
II alSrhood Tins speech was, understand, printed
aud circulated all North Carolina | have not
seen II myself but have received my information from
!; undnmb'ed source.
Slr. Graham SAID the speech was not made before
HE Wing Convention, but al public meeting in thai
State.
Mr. Buchanan. Then the gentleman admits tha, the
snccch made. Where It WAS made is Ct llite con-
consequence
.,r Calhoun have the speech Of alr. Badger in
..~ hand and shall read The following extract from II:
Nex, IL IS SAID that Gen Harrison favors Bank 81
the [ s The charge is false. His opinions, on the
contrary, against Bank.
Air. Graham The speech not made before the
Why State Convention on the 9TH Of October, lsio
MIR Calhoun. II viii show for Iisrli. II appears TO
have been made on the Sd Of March, 1910
Mr. Graham. At meeting Of the citizens at Gran
s.,i,.
Mr. Calhoun aSsenlcd 10 this, and sad that hun.
t!.cd thousand copies OF The speech had been printed
and circulated.
Nr Buchanan continued The misunGcrs;a nding
relates not 10 what Mr. Badger said, but merely to when
and where liz said IT, The important fact is established
br ond all doubt, that this distinguished gentleman
who was selected by the aie President member OF
HE Cabinet On account of his eminent talents and his
ayowed political principles drd come out, at great
convention in March last and in the strongest terms,
Ind nronnuucc the charge To be false that Harrison Ia
y,rrJ Bank of The L. 5. This oil desire 10 know
and whether one hundred thousand or one thousand
address were HiitifI VI
small inheritance We then have the solemn dcc!ara
non of man nf high character, at the head OF the
Whr Marty IN ~ Carolina, branding iaisehood the
CHARGE tba, The late President even favored National
Bank And vet il is gravc!y asserted that Inc people
~ he late election have determined in favor OF such
Bank.
n The hos, Of my knowledge the question vas never
publ,cl, discussed any where my own State BY thr
Wbn par,v throughout the late canvass. lhey would
bav. committed political suicide had they made II
TURNING min, Of the election. Their intention I" esla
hsb National Bank carefully concealed from the
people. ,y
Jha ,,;a LEGISLATURE oi Pennsylvania was Wing. de
cddv Whiy IN both lis branches. They, accordingly,
instructed ,her Senators 10 vote tor the r'ea oi le
Itn,cnent Treasury, and the Distribution Ct The pro-
ce,ds Of the Public Lands among the several states;
i'm, ,b.v did not even attempt 10 Instruct ms IN favor
~ , N;;o,oI Rank. They were asked hy our friends
N I'm. LEGISLATURE "why do You not instruct your Sc
,,,ors an iiis nrrat question They were urged 10
come up 10 this point by lhr strongest app"aiS' on' az
in va;n They shrunk from the responsibility Know
rrg that the people would nave CONDEMNED ','e net
Three Congressional elections have since been ned
!; PENNSYLVANIA Two of them were not contested
I'm, N IN, third there was an animated struggle ms
,.os !, The Southwestern district Of the State COM
GOD or The counties Of Fayettc and Greene. am
,nforped Nv his successful competitor that the wing
candidate in that district publicly and repeatedly de-
red himself throughout the contest, to be the trend
or the independent Treasury, and the enemy 81 u
Eonk of the L. States. How strong must have hern
The current of public opinion which could drive '''s
candidate into ayowal oi friendship i"r me lnae
,en,rn, Treasury, and hostility to Naiiona BANK.
But this odribcrae conviction Of the COMMITTEE
IN thc Currency is in direct opposition 10 the deiiDG,
ratio opinion of the President OF the U. D; and shall
aunea from the iudgmen, Of the committee to that o'
h. bpod at least ile official head, of the party tie
has in substance declared his late message, what
The history of the country has demonstrated to he true
hat The question of establishing National Bank has
never sc, been presented distinctly before the people
or The IT, s., without receiving their condemnation
sbau not read this portion of the message, because
ever Senator is already familiar with it, In the prr
sidents opinion The lale contest was decided on wei,
known principles; hut the creation OF a National Bank
mas moi among the number: and most nssuredy he y
correct in tins latter opinion In the face Them OF al
these facts and many which might be aeduceu'
that becomes ct the "deberate conviction OF tnr
committee, that vast majority of The American people
are aaxously solciious Tor the establishment OF Ma
tinnal Bank. 49,
It would be well for gentlemen who are really the
friends OF suci. Bank to consider seriously thr CON