The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-04-13
NEW YORK. SATURDAY MORNING. APRIL 10, 1914

MI
free and unrammeiied representation in the Congress OF
the United States and have among You
unknowa-a sranger-rather hoping to en,itle myssif
service hereafter to be rendered TO the great Wing
cause 10 your favorable consideration than promising
daring to hope that had secured it by any thing that
had done heretofore And if do stand asashed and
overwhelmed blythe enthusiastic reception that
with here tonight it is only because know that am
among friends and feel much at home as if were in
deed IN my native land, beloved NEUTRALITY-SUSPICIOUS.
cheerng) Beloved say, and beloved she is, for nth
all her iaults-wth all her errors-wth oil her mslor
tunes which has fallen thick and heavy upon her the
Jeterson-of Madison-of Henry-and last though not
least, OF him whose birth day assemble 10 cele
that she has bscoaS byeword and reproach amongst
asr Of sister soes y ns , and
All that caim-all that set up claim for in the whg
cause for s that was one OF the of Virginia who
first denounced the traitor and discharged what he faith
fully believed TO he his duty in endeavorng least
bring that punishment upon his guilty head which his
mendous cheering) Here one near the door called
out speak louder-we can't hear word here ~ am
very sorry for it. said Mr. b. but is rather my msfor
tune than my fault Qoud cheers am at present labor
ing under an excessive hoarseness, OF which has been
impossible for notwithstanding all my efforts through
out the day, to get rid (cheers Feowcitizens have
been often told that crisis had arrived in the affairs of
government and than ever has that been true:
Dut IN my humble Judgment never since the formation OF
our government has there bee such important crisis
a. that which presents itself 20 the consideration
the people Of this country. To our revolutionary
sires belonged the task, and most faithfully, did
they discharge hof establishing the Independence OF
America and OF framing the government under which
live To aud upon u.s. their children has de eyed il
not the more important at least the responsible task
OF maintaining and perpetuang that liberty which was
handed down to us by them rich legacy unto their
issue, and OF preserving nvioate to latest times those
situations which framed not for their but our benefit
And the question is how best succeed in
pshng this al important task For the last fifteen years
the reign OF destruction-if may the term
the reign OF destruction has prevailed party has had
the possession Of the government during that period
whose whole and sole object appears TO have been pull
down and destroy all that valuable in the institutions
Of the country Destruction has been the order of the
day, until at last have been brought to that point
when becomes the duty Of every rejecting, SOBER wise
and discreet man in the country-to take this sub
ject in hand for the promotion of their; rights and
liberties. shall in the course Of the address which pur
pose to make this evening" indulge in personal reec
tons either upon parties or individuals "a voice" I'm
sorry Tor tha!o Personal reflections perhaps might well
be made, but shall abstain from them content to
rest this great question: upon which have in a
policy OF the countrysuch has prevailed during the
last fifteen years. and such as will prevail, should be
fortunate enough doubt shall be, in the ensuing
before the people now? What are the great points on
which the two parties in this country divided
s ne wing t psr . n to
through which It has recently passed-a reform in
the currency.a tariff for revenue, with incidental
cheengto the several branches Of domestic trade and
ndustya distribution of the proceeds Of the sales OF
in the stead of those that hall tried and most
thoroughly condemned scheme the sub treasury laugh.
terfree trade, If any body understand the term
am sure can't (renewed laughter)-and a squanderng,
wasteful and exravagant squandering of the proceeds
ohe sales Of the public lands by the general
And it little that in no part OF this brood
land do you find single objection raised in any quarter
against the expedsncy OF one Of the measures pro-
posed by the wing party All the objections what is
u int obi 10
sutional objections; raised too by party that have
failed when they thought would advance their
interests to trampe on the constitution and to violate all
Law (thunders OF applause They cannot find constitu
tional authority for the incorporation Of bank-hey
cannot find constitutional authority for protective tariff
they cannot find constitutional authority for the disri.
button OF the proceeds of the sales of the public lands
but they find constitutional authority for nsurrec.
ton and rebellion (appause) They find constitution
al authority to disranchse State of its whole repre-.
senation and they find constitutional authority to
upon law Of Congress and create
i'll violation of that law (Renewed and enthusiastic
chees Mr. Bolts here went to speak at some length
OF the Importance and pressing necessity Of printing the
constitution in form for univ ersal be read
by everybody, and taught in the public schools like the
Lords Prayer to which only was he said second in i'm
portance Cheers) He then supposed the case of To-
coioco denagogue harangung against United states
Bank, and being taken up by voter who had read and
studied the constitution The voter thus informed might
say IN reply to the assertion Of the other such an in
stitution the first Congress in
1884, composed chiefly of the trainers OF the constitution
and amongst them the Father Of his country" passed
bank bill tremendous appause) In 1911 again 1t was
submitted to Congress- and passed the House OF Repie
sentatives being lost in the Senate by tie VOTE but dec
sident. The voter might say ~ such James
Madison and Henry Clay deciding the constutional.
y Of United states Bank and they take it. are as good
Orator, or MT Democrat whatever you please to call
yourself" daughter and cheers) find that these
after they had at one time opposed it, grown older
and wiser thenecessty of this measure and in 1916
they changed their ground and sustained the consttu
tionay of a Bank OF the United Satesloud cheersJ-
IN VOtp andea atyXhe ION
the question submitted the Supreme Court Of the
United States the venerable John Marshall then ut its
head (and purer and wiser found in any
country that Court decided in 1915 that the law ncopo
rating Bank of the United States in accordance
with the provisions of the Constitution; and this opinion
they expressed in terms perhaps used before or
since by that hight legal trbunal-tha -" was the unan
and decided opinion Of the supreme Court Of the
that in 1882 this Bank was rachartered by both
branches Of a democratic Congress, and its consd
tutionality recognised and acknowledged by the
ner'stone, the pillar and the arch Of modern democra
cy-Andrew Jacksen-(chee and laughter) But
the demagogue might contend that the power was
not expressly granted by the constitution But that
gument absurd because if Congress had the power
to levy duties and imPosts they had the power to pre-
scribe how they should be taken Of and disbursed
Checrs) Besides, Congress had the power TO coin
money and regulate the value thereof And above ALL
had the power to make all laws necessary to carry the
foregoing provisions into execution But the democrat
might then say Oh but it has power only to make such
laws az are indspensably necessary" Laughter) y
ton-there is no such word indspensably" in the
clause of the constitution in question But granting
them the benefit OF the Interpolation What them Why
the unconstiutonaty OF their darling Sub Treasury
scheme ut established For there var-
modes of efectng the obect-irst by United
States Bank then again by the Sub Treasury scheme and
then again by State Banks, the Sub Treasury plan
could not be ndispensably necessary. (Choers y
But he CMr. b. was willing to rest the whole
in the experience OF the last 40 years as to the utility OF
u Bank. lie would appeal to the experience Of Col.
Richard NJ Johnson himself, to that OF John c. Cal
houH who in 1916 supported and voted for U. s. Bank
and who late 1854 claimed to be hefather Of aBank
Of the U. States (hsses) lie (ir b. not fond Of
reading upon such occasons-bu he could not refrain
from reading short passage from Mr. Calhoun speech
In 1854 MIR b. then read the passage in which Mr. Cal
houn said-"unless you give the highest practical uni
formity to the value OF bank notes. so long you
receive them and treat them money you violate that
provision Of the Constitution which provides that the
rcncy shall be uniform throughout the United States
There IL other alternative. repeat you must divorce
the government entirely from the banking system,