Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1842-07-22

only be re produced Oy IaOoT dhu s"N'"s
The SECOND remedy which would
suggest, e. that without which all others
must prove nburlive or lnetiecluaI' is
a sound currency, of uniform value
throughout the Union, and red'emaO'e
IN spprie upon the demand Of the hoiier.
know of bul one mode IN which that
obirct can be accomplished, and thai mas
/, stood the test Of time and practical eH-
]perenre. If any other can be devised
,hnD a Bank Of the United States, hlch
should be safe and certain, ana lree
from the influence OF Government, and
especially not under the control OF the
: Executive department, ! should, Tor one,
gladly see it embraced. am not eX
clusively welded to a Bank Of the UNI
ted States, nor do | desire to see ono
established against the will and without
the consent Of the people. But all my
observation and reflection have served
t. strengthen and confirm my c%onvic-
ton, that such an institution, emanat
ing from The authority Of the General
Government property restricted and
guarded, with such Improvements us eX'
perience has pointed out, can alone sup
ply a reliable currency.
Accordingly, al the Extra Session, a
bill passed both Houses Of Congress-,
which, 10 my opinion, contained an ex
crIlent charter, with one or two sight
defects, which it was intended to cure
Ivy a supplemental bill. If the Veto had
not been exercised, That charter con.
tanned Two new and | think admirable
features; one was 10 separate the opera
ton Of issuing circulation from that Of
banking, conidrng these faculties to diff
ferenl boards; aud the other was to
limit the dividends Of the bank, bringing
excess, beyond the prescribed amount,
into the public Treasury. In the pre-
paration Of The charter, every sac'ltlce
was made that could be- ma le, 10 accom-
modale it, especially in regard to the
branching power, to the repured opin-
ions Of the President. But instead Of
meeting US in "a mutual spirit of concil'
w., EI;,I' "uoa ,ko a., IS ,.noo
'"e". -.
~, n.o,,, G,l6l tho ovreo
c''E' .N"I ,,a,La. haaL hnI
na. n.ono,ad in con~ Io,mitv virh The
plan skelched BY the acting President in
- %a,moen Lim md somp d;s,in-
'a;L,I Soa,koro or Cnno,oso and ,wo
"r "to.. or Lio e .hinoI Tho
L.u ,n1, ahomnd IN ,rocise conrnrmi,v IN
~, nn commnnico,ed bv rhose
oa,La.aor,ho C"h;no, and ne rommu
nio",oI ~ o,hars on1 was snhmired IN
49,. ,a.a,;aa .rn. il wos en- nrans rod.
ond ho naya assurance. tina, he would
onnrn,a snch hin Twas M par,y 10
,, ,.onoao.;.os I'm, do M, en,cr
,.i, I,,h, Of uho,I o,ole The hin
nas.oJ Ln,b U,osns or Conoress wi,hou,
an, oI,o,o,;o, o~romondment whatever.
and The Vp,n vos nevertheless ansip
om,loyod
.r, f.. - odoor, n q
,,",Lod hv snob d;.
T'''o ~ ~, ,,Son,h ,La p,o.
"'''o, ~ - T.. n,araa,d orron
I"'%' ,",'DS" ,he Whios and
I..wn, Laiar - nLhonoh no oIm;n
. 10 ""a L.,ooS oC ,ho Gao.
S ~ XXI. C~,olino.
-. -
, anbomah of whnm no ]chooapa 70 have
~ " .n,.o WI. ,La,f .ou
,.la nC,Lo Whia no,,v boS<
, WV E',"' IVY hoa ma ,hrsa 81 ,hor
, u,,h nuonIa;on
" ~ H. ,Ln
: WE" ".' ,h md ~ ,ho oono,ry
] % ""t y I aniy,
2 WV, "o"''''' SOY 49," Wy 'p.L",
' t"o ms ,"""o' " JoS'y Tlo",,i,
l"' Tvs ou"''"'.' ~ ~. ma,