Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1843-04-26
bank of the UnIted states.

The stcklers for construction Of the Constitution
assert that there power granted by that
establish National Bank. We presume these gentlemen
OF whom opened.mouthed in favor of the Sub
Treasury, can, without difficulty, point the passagein that
which authorizes the establishment of their ia
vorte scheme in express terms. As researches
have been unsuccessful should feel obliged to them for
the "chapter and verse"
In the absence better information we venture to sug
ges that the only place in which such power be found
in the 18th clause Of the 9Th section where emu
neraton Of the various powers Of Congress- authority
given such laws be necessary carry them
into effect II seems thatf the advocates of Sub
Treasury build their arguments upon this clause there no
why the friends Of Bank should claim the same
for the foundation Of their proposed institution #
open the the other. The only question: then
worthy Of engaging the attention Of either party is which
Of the Is best calculated ensure the object Of their
establishment Upon this point, say, there
will be difference Of opinion The merits Of each have
been fairly tested, and the world is aware Of the result
But, say the enemies Of Bank, "thero great danger
be apprehendod from such institution" Gruntcd
And the sub Treasury less aught with dangerl Can the
Imagination Of devise any scheme for he collection
safe keeping and disbursement Of the revenue which free
from daDgerl Are discard all institutions Of every
kind, the ma.admnsiraton Of which may be productive
Of dangerl Shall FIRE our artillery upon an invader
for fear the guns may be awkwardy managed and burst
in the discharged Besides If Bank Of the D. $. produce
injury the community, h proceed from bad manage.
ment There is instance Of well managed National
Bank having been productive Of injury. which did not
countorbnance by good in the proportion Of hundred
But suppose the results injurious. Shall we
change the officers, demoh the Bonks7 II our great
mills, through the bad management Of the mlers should
bring their in debt what would be the most ration.
oil plan for those pursue in order retrieve their
ossesl Would the Messrs. Haxa or Mr. Warwick raise
mob place themselves is head surround the buildings
burst open the Doors the flour like cho and finally
set fire TO those noble structures, which form such striking
ornament TO the city. II they guilty Of such folly,
they would be voted fl subjects for the 1natc asylum
Or would they discharge the mlers, whose ncicency
negligence, had Involved them difficulty Such think,
would BE- the suggestion Of wisdom. Perhaps how.
they might be tempted Experiment" end though
convinced, that the mills present constructed ground
good -four enough might take IL their heads pack OIL
their wheat IN little country mill, whore twoud rot on
their hands, and where eyes might help themselves
pleasure In the hopes Of giving their CUSTOMERS shelter
-four" Suchhas been the Of the Government towards
the Bank for the last ~ wears. Il admitted to have
furnished the best currency The world The officers wor,
suspseed and, instead Of changing thsm the institution was
levsiIed 10 the ground
That there will be National Bank in the end we have
no doubt All this runous will have been Tor nothing
We shall end exactly where began. The enterprises
Of Frederick the Great upon Sesio produced u the
longest record which finally involved oil the great
nations Of Europe The contest lasted seven year, pro-