New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1844-09-10

of ConeTes. 10 provide substitute, which shall equal
the confidence and Accommodate the wants Of me
c1nnot produce the result, the prnaabis optsraon o.
National Bank viii merit e1qsdeIat'os
For the interests the community Ut large, rs se as lot
the nUo.es Of the Treasury, rs essential met me
iou p.s si,sIae The Con.tluon has entrusted Con-
reis elciu.sG with the power 81 creating enf ;b
, ,esvon execution Of the power eve eratr p.o o.
,acce.slJAMEs MADisoS-.lfesseset0 c0HSrzs'-D'ee"-
Ranl e. s IS, sc: sS"ss.a 'ss 3:
Syed ~ ron 10 niro on our delegated powes 1t e
ye right. DO nc, eT r., as dS S scb az
m,iop TINT duty would have been eheetlly performed
4; EN- JAcKsoN-Peto Message. july J. lss!.
Such.5cing the notorious, undenlaole iacls' We
ask every candid reader TO Judge whether VIC
wore deccivers in 1910 or our opponents are de-
fa.ners and falsiders now. We appeal tothe facts
and demand rigorous Judgment.
The next assertion OF The Polk Addrcssimports
that the Wings cquivocate and contradict them
selves onthe subject ola Currency aud National
Bank. This Just as untrue as The forcgsng.-
The Wing National Convention resolved that tie
Wing party is in favor of Sound and Uniform
National Currency, and that ii is the duty OF
CONGRESS to eaieand secure such Currency
because the Wing party is agreed OF this 1t did
not affirm OF deny that a National Bank IS The
bsst instrument FOR creating such Currency,
because on this point the Wings are not agreed.
YIr. Clay and large majority Of the Wings DO
believe that National Bank may be 50 constitut-
ed as to obyiate all valid objections, and secure
great benefit TO the whole Peopls-and, believing
50, they frankly say so while other Wings man.
tain aud avow contrary opinion. This IS purely
a question of means on the great end OF es-
!ablishing a Currency which shall ne equal to
coin alike in Iowa and Maine, VIC areall agreed.
And wc have not doubt that very great I'm
provemcnts can and will be made on any former
mode ofcyoating a National Currenc? which VIII
satisfy and harmonic all who believe such
Currency necessary.
Bat how stand our opponents on the Currency
question? What measures do they propose to
avert the evils which impeud and the dangers
which threaten US They arc very free 10 tell
ms tina, they arc opposed to a National Bank;
but party which seeks paramount power ought
to be in fqror Of something, What rs their
something IL was the Snb-Treasary III lolO:
they arc shy shout naming it now. Our Banks
and stockholders who are going in SO strong for
them, in order 10 keep out National Bank and
keep up the price Of Stocks will perhaps look into
dis matter
But this Address, while ii assails Mr.. Clay for
changing in 1876 his opinion on the Bank ques.
ton, IS backed by Resolutions which ASSET that
the Democracy" "from the Time vi Jefferson
% the present." ." haze opposed The Incorporation
If a Bank Of tie United States" as unconstitu-
tional, dangerous and needless Why wW men
assert such iulsehoods as this How can they
have the face to DO it {? Who is there that can
read that does not know that tho Democratic
oarty chartered the last National Bank that
Alex. J. Dallas, Secretary Of the Treasury in
I5l4-lG, and father of Geo NJ. Dallas, repeat
eddy urged it upon Congress, as ndspcnsably
necessary-that JAMES MADISON recommended
the charter and signed the bill--and that a Con-
gross strongly Democratic passed it, two thirds
Of the Democrats voting for it, and tgco-thirds OF
the FederaIists against ii, though ii was moi made
party uEtstlJi' WI. CidE, WIN Is no" 'S'o''N"
FOX his change Of opinion on this subject was ac
tually in Europe till late in 1915, and on his re-
turn only concurrsd in the general conviction
iliat the experience of the War had demonstrated
the necessity and therefore the Constitutlonaiity
Of a Bank as fiscal agent of the Government.
Why arc not MADISON and CRAWFORD who lived
and died champions of National Bank, assailed
as changelIngs? Did Madison ahjure his De
mocracy by supporting Bank How came
Crawford, who was al,rays prominent champion
of a National Bank, to be the Democratic Caucus
candidate for President in lS24, and TO be sup.
ported by the very politicians who now declare "A
Bank the test of Federalism Crawford voted
to rechartcr the first u. S. Bank in 1911; he
was always Bank man yet Van Buren,, Wright
&, Co. did their best in 1894 TO make him Presi.
dent. Dallas, Gallatin, Forsyth, Calhoun,
Lowndes, all supported the Bank charter OF 1916,
while the ultra Fedcralists Of that day opposed
it. How then dare this Regency Convention 10
insult the intelligence of the People by asserting
that Bank or No Bank has always been touch
stone of Federalism and Democracy Can they
expect OF the People fo'getiulness that George NJ
Daiias ia on their National ticket
Remainder Tomorrow
,r,ha .,r,nJ Detcc1e6 ,--peunSyIyantn,