Mobile daily commercial register and patriot., 1841-08-13

RFPRAL.-fes, SIT, '.repeal," 'repeal," will be the cry every where, should the bdl now pass and the struggle will until the law shall be eN- pnnged from your statute boek, until the power oi money shall have subdued the free an manly spll1t o the American people.
 The above is taken from Buchanan's speech m lhe Senate the 7th Jay, on the bill to charter the "Fisdal Bank" The argument of that speech in ia Ror of the doctrine of repeal has aeser been answer ed, and already great party has rallied upon it. The cry of repea has been echoed back to the Sem ate, from every part of the country The democratic press every where join in 1.-the people sustain it-
 fifteen thousand electors of the city and adjoining dis
 icts ef the State of New York, have given ii tber hearty assent. meeting was to have been held last week in Philadelphia. mass convention IS called an the banks of the Hudson for the same hur pose, while Virginia, Carolina and the democratic states of The west are vocal with the trupet-notes of "repeal." ..=
 Mir. Calhoun, in commenting upon the manner in which the bank bill had passed the Senate-the co,n- try against 1.-two Senators purposely absenting themselves, and his colleagues single vote consti-
  cumstances he considered the attempt to bind this country in the shackles of bank for TWENTY YEARS as a GROSS UsURPATIoN, and he never in his life performed act with more pleasure than he would for the repeal of this bill whenever the democra- cy had the DO yer of repeating it."
 A doctrne so eagerly embraced by masses of the people-so sustained by the sanction and authority of the abest statesmen and the best citizens, is not an idle principle be smothered by nicknames of "agrariansm," "Fanny Wrightsm," "Owenism" or bugbear appeals to the example of the flour rioters of New York. The people are in arms, not against the interests of religion the peace of society, the rights of i9dividuals-they have risen to break down a system of usurped and awess powers, siolatiye of the constitution and hostile to liberty. They have no sympathy for those whig presses, which so mortified al the idea of repeating a charter-they be- lieve contract made by parties who have no power contract, yod-they believe, that the bank char ter like every other act of Congress is public law, repeaable by any subsequent Congress-that the very ground upon which the whig party bases its power erect this bank, to wit: receiving fiscal agent of the treasury proves il to be public law and like the Sub Treasury Ldwat any time repealable- that no violence will be done to the "vested rights of private stockholders in this bank, as they will n vest their capital m full view and with not to be mistaken warning of the risks of repeal-that the principle is good one, that if individuals embark their goods on board of public vessel, they must run all the risks of the vessel whether to d.. f. al. lc ever therefore takes stock in this bank, will take it under the implied understanding that the charter is to be repealed, whenever the people will it. At best therefore, in the event of repea the stockholders might have an equitable claim on Congress for in- demnity, but they would have right to demand the counenance of charter for thirty 50 years for their individual benefit while ten millions of people were demanding its repeal, oppressive, dan gerous and enslaying system.
 The free people of this union determined not to be bank-ridden-they will neither be forced nor trcked out of their liberties-they will endure nei ther bank-tyranny nor king-tyranny, and hence the voice of "RepeaP' which says to the whig majority in .Congress-you have the power to put this bank upon us, but we will throw it of-bind us now, but will burst the bonds the first moment able The whig Congress have been entreated to put of action upon this important subject, until the country could be fairly heard upon the subject. It is denied, that the election of "Harrison and Tyler" decided anything in favor of bank. The late famous letter writer for the New York Commercial supposed to be Mir. Webster himself, says that candor compels the admission that the bank question kept back from the issue in the late election. The truth of this, is known to every man. Mr. Tyler has admitted that the people have aOays decided against bank when the is sue has been fairly made. Is it not then fraud to force this bank upon the country, by accidental majority Tn Congress- elected with implied pledges aganst it' It is for resisting this fraud united is with usurpation, wrong and oppression, duty we to this generation and to posterty, that the cries of 'vested righs," agraranism, dwelling, locofoco ism, raised against us Let the bank arstocrats and vena editors croak till their throats crack. They preach submission to the rights of the few. The Repeaers contend for the right of the many.