The Cadiz sentinel. [volume] (Cadiz, Ohio) 184?-1851, 1844-09-11
A national Bank--the great issue.

Gen. Harrison declared, at Dayton, in SEP
tember, 1910.
"My opinion of the power of Congress to ere
ate National Bank remains unchanged. Their
Is NOT In THE CONSTITUTION any ex
press grant of power for such purpose"
Mr.. Tyler, the whg candidate for Vice Pres
ident had Uoted against the bank in 1892, ant
was still its avowed opponent in 1910.
Thomas, Et0ing, afterwards Harrison's Secre
tary of the Treasury, on the 18th of July, 1910
wrote as follows, in explanation of speech pre-
viously made:
u SAID that our opponents were attempting tc
make the question of BANK the issue between
the parties lspoke of the INlPUDENCE an1
ABSURDITY of the attempt"
After Gen. Harrison's death, all disguise was
thrown of, and the first measure of the Extra
Session, ander the dictatorship of Henry Clay,
was United States Bank.
The Bank is now broadly inscribed on the
whg banner, and the wings cannot escape the
issue.
Mr.. Clay avotcs that tie Bank is the great issue.
In his speech on Mr. Tyer's veto, at the Ex.
ira Session, Mr. Clay said:
II came to Washington at the commence
ment OF the session, with the most confident and
buoyant hopes that the wings would be able to
carry all their prominent measures, and especi.
ally A BANK OF THE UNITED STATES.
bytar, that one of THE EGREATEST G. LNME-
DATE LHPORTANCE."-See Mallary's E.
dition Of CIay's Speeches, pol. g.
Mr. Clay is for a Bank for the purpose of con-
centrating the money pover
In his report TO the Senate in favor of Bank,
June 26, 1871, he says:
"If it be true that MONEY IS POWER. its
CONCENTRATION under the direction of
ONE WILL, sole or collective must augment the
power.n
The Example Of Foreign Despotic Gorern-
mentS.
One reason in flvor of establishing man.
moth Bank in this Republican country, given BY
10y Mr.. Clay, is, that the aristocratic and despot-
ic governments of Europe have their National
Banks. The following is an extract from MIR.
Clay's speech at Raleigh, N. c., in April last:
"The necessity for National institution does
not result merely from the existence of local in
siitu!ons, but rises also out of the fact that all
i!lc great commercial nations of the world have
'ho;r Banks. England, France, austria, Rus-
sia, Holtand, and ALL OF THE GREAT
POWERS OF EUROPE, have their National
Banks-"--Sce Clay's Speech in the whig news-
papers.
1t may here be remarked, that the scheme of
a great National Bank was first proposed in this
by ALEXANDER HAMILTON, the
founder of the federal party, monarchist, and
avowed admirer of the British system of govern
ment.
The American side ofthe Bank Question.
Mr.. Clay is on the British side of the bank
question. The democrats oppose him. THO
MAS JEFFERSON, the illustrons author of
The Declaration Of Independence, was the foun-
der of the democratic party, and no man ever
lived who was more decidedly opposed TO Uni
ed States Bank In his famous letter to Mr..
Gallatin, he says:
"This institution the Bank of the United
States is one of the most DEADLY HOSTIL-
FTY EXISTING against the principles and form
'f our Consttution."-4M uol. Of Jefcrsoa's
corhS.
Facts and Opinions upon the Bank question
GAS soon as the Bank charter was obtained,
is friends began to build up princely fortunes
or themselves, at the cost of the widow and Or
)han, and all honest persons who had subscri-
'ed for stock. The people have furnished thir-
cen persons, "a majority of the Drectors,) with
| cudgel 10 break their own heads; for they
IAN fix the value of every acre ofland from Flo
ida to the Lake of the Woods,--NiIea' Reeister
September 1919,
Gan institution like this, penetrating by its
every part Of the Union, acting by COM
nand, and in phalanx, may, in critical mo-
nent, upsetthe government."- Thomas Jefferson.
For a long time saw with pain the advan-
es ofan aristocratic moneyed institution, which |
hreatented TO cast poisonous mildew over OUR
precious liberties He always spoke of this
country as his own. They would have render
ID our fair country passive instrument in their
lands, in which case freedom would have van
shed from among us."-Gen. Lafayette in NOu.
1888.
What is a corporation, such as the bill con-
empates? 1t is A SPLENDID ASSOCIA-
TION OF FAVORED INDIVIDUALS, taken
rom the mass of society, and invested with ex-
'mpions, and surrounded by immunites and
Henry Clay ,ohen Democrat, in
1911.
Ma, ,,ot Ak t;y,r -~;.,<> ,l>o,, A. GONrEN