The Evansville journal. (Evansville, Ind.) 1834-184?, 1844-07-11


ly break, to the injury and prejudice Of the
community. | am far from denying that
banks are attended with mischief and some
inconvenience, but that this is the lot of all
human institutions. The employment of
steam is often attended with most disastrous
consequences, of which we have had recent
melancholy examples. But does any body,
on that account, think of proposing to discon-
tinue the agency ofsteam power either on
the land or the water? The most that is
thought of is, that il becomes our duty 10 in
crease vigilance and multiply precautions,
against the recurrence of accidents. As to
banks, the true question is, whether the sum
ofthe inconvenience of dispensing with
them would not be greater than any amount
of which they are productive? And, in any
new charters that may be granted, we should
~anxiously endeavor to provide all possible
restrictions, securities and guarantees against
their Encouragement, which reason or ex-
p~erience may suggest.
Such are my viewsof the question of es-
tablIshing a bank of the United States. They
have been long, and honestly, and sincerely
entertained by me; but do not seek to en-
force them upon others. Above all, |
do not desire any Bank of the United
States, attempted or established. unless. and
until, it is imperatively demanded, as | be-
lieve demanded it will be, the opinion of the
people.
l should have been glad fellow-citizens,
if had time and strength, TO make a full ex-
position of my views and opinions upon all
the great measures and questions that divide
US, and agitate our country. ] should have
been happy 10 have been able TO make a full
examination of the principles and measures
of our opponents, if we could find out what
they are, and contrast them with our own
| mean them no d~isrespect; | would not use
one word to wound the feelings ofany one
of them; but am really and unaffectedly ig-
norant of the measures ofpublic policy which
they are DESTROYS 10 promote and establish.
know what they oppose. | know that they
stand in direct opposition 10 every measure
which the Wings espouse; but what are theiI
substitutes? The Wings believe that the
Executive power has, during the two last
and the present Administrations, been intol
erably abused; that it has disturbed the bal
ances of the Constitution; and that, by its
Entertainments upon the coordinate branch
es of the Government, it has become alarm
ing and dangerous. The Wings are there
fore DESTROYS to restrain it within Constitu
} tional and proper limits. But our opponents
of the people, sustain the Executive in al
it's widest and most extravagant excuses
They go for Vetoes, in all their variety: 70
Sub-Treasuries, standing armies, Treasury
, circulars. Occupying a similar ground witt
) the Tories of England, they stand up 70
power and %prerogative against privilege ant
popular rights. The Democrats or Repub
licans of 1889, taught by the fatal ex
! amples of all history, were jealous and dis
%trustful of Executive power. 1t was of tina
| department that the rfears were excited, an
S against that their vigilance was directed
The Federalists of that day, imbibing tn
f opinion from The founders ofthe Constitution
: honestly believed that the Executive waqth
weakest branch of the Government, an
hence they were disposed to support an
: strengthen it. But experience has demon
strated their error, and the best part of ther
d have united with the Wings. And the Wing
+; are now in the exact position of the Reput
: licans of 1883. The residue and prof.
ably the larger part of the Federalisls ioine
2 our opponents, and they are now i'll the e1
If act position of the Federalists Of 1855!
with this diherence-that they have shut the
eyes against all the lights of experience, an
pushed the Federal doctrines of that day f;
n beyond the point to which they were eve
carried by their predecessors.
But | am t~respassing too long on your p
%tience, and must hasten TO a close. regr,
that | am too much exhausted, and have II,
IS time to discuss other interesting subiec
If that engage the public attention. IshouI
be very glad to express to you my views O
the public domain; but | have often on tn
l. floor of the Senate and on other public occ
sions, fully exposed them. consider it IL
Sc common property of the whole nation.
ID believe it TO be essential TO its preservatic
e and the preservation of the funds which m;
e, accrue from. its sales that it should be wit
n drawn from the theatre of party politics, al
d. from the temptations and abuses, incident
1e it, whilst it remains there. | think that tur
"a ought 10 be distributed, upon just and lbe
le al principles, among all the States, old,
w we'll as new. If that be not done, there
- much ground to apprehend, at no very di
:, tant period, a total loss of the entire domai
b, Considering the other abundant and e.
SIS haustless resources Of the General Cover
,r- ment, | think that the proceeds of the sail
ey of the Public Lands may be we'll spared
is the several States, to be applied by them
X benefcent local objects. In their HAND
re judiciously managed, they will tighten IL
ed burthen of internal taxation, the only form
re raising Revenue to which they can resorts al
cb sSsiSt i'm the navment of their debts or haStt