Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1853-09-09

hoP's IN. I.crs,nlan scnuo, and rc.estaSlshcd the
rndnarks party when arrs were WEI ~ n %
H., ,I,pt mint wa. the Bank "i Inc ohilea suites ana '
us a,, nj ia rh.r,er tie opposed 10 the renew
II ho,h on grounds III rousIutionaY ana eAptaency a"
, mn ,rrorunily ni 80 debating both Tor the inlurIna
49,: -, ,h r,orir and n the institution, that each might
o"w what they hal rely upon with respect TO him. He
saii: a., II,i,.j St,,.s o;
,aoc Lhultrrs will probably apply for renewal
nf their privileges In order |" AVON .e rris resulting
from ptrcipancy in measure .s,s I" t .poLsu",
n,ncpl.. md such deep peculiarly 'h''es's, rei That
IN ust 10 the parties interested 100 soon present
10 he deliberate consideration o. me trgs,ne and The
neorlr Both consIilnohan.! '', ,Htpeu.ency o
the law creating Ibis bank are wen qushen ~ large
,n If ou fellow cilizens and u mus DC ADMITTED by
all that has failed III 'h e'e"' > " WIZ
form and sound currency. ,,,,.. ~ ha mecca. 1T.
This uassaqc was the grand feature VI e essasr rising
hovn rrrcrdcn, and judicial decisions .ohs BACK 10 The
constitution and the ioundh'"n u p - h % anu
rstinn a contest al the commencement ~ ' n 'instfa'
,iH 49, marc n,lcian would have put OH To The asI.
1nr Sume,nc Court had decided I'D lavo VI e c"nstitu
,,nnIitv of the institutions; penos'". ~ %, ~ cnaf
,;n s,cond bank l,ud yielded thr qieso. nom OF con
"fihs fG.""u .. r.iirpcy Mr. Madison, in signing
hank charter o 1916 yielded I" Tue anno @ m'nnl sur
rendering his convictions IN me n ,'e ~
n, -, hc in .,itulinn and against lhe and
oena :" ' iyrv Of party founded on principle threw
% Ihr greatest landmark OF parry, an" yereu power o!
construction which nulitrd me ~ ,a,y uha, u
Inn and left Congress AT liberty !" pass Nv. lc'' u
J ..n,,fssarv" Ia carry in" elect any granted power
T'he whole argument for the hahh tu',. p VIC worn
-, u m The end of the enumerated powers granted 10
1 INV, r,c IA the first great division OF parties
.'onS -; ,iurh. federal party being Tor the
alrucrlon which would authorize ,iaoTa. in,
tic u,r,y ltepubIcan Then called btnR against H.
i, p M, merely the bank which the Democracy nppo
a lint The laiiludnaran CONSTRUCTION "'ci "uua au.
thotizc it, and which would than'e oons' 80 A. ;
-, nun viii in other io Tie woths VI nc 'o"s,'u-
- @ IL, whal il rleasrd under the plea OF nccrssary-n
pa uuLcr which they would he irIl us m"rn 70 e Wv
i n. under the general welfare CLAUSE IL was me urn
'" h,.rn \ strong and splendid government on one
Ii aim. What il pleased. end plain econnnlca s"VG;i-
mani IN ha other limited by Grltten constitution me
l mint hpr1u
decentralization through which Congress coud pass any other
mo, sI,rs which deemed 10 be unnecessarily sun mere Gele
vea, objections The bank scH Experience l'du SHOWN
nc, nm institution be political machine ADVERSE 10 ire
,uiuging in The elections hnd legia'ann oi The
Country rurruping the press and exeFhg us influence 10
The only way known I" the m"ntysa poMe,- cofup"h.
Con,; objections reached bni aus OF Inc case
,r unnulily ni The bank ana It's Independence
I, was = return 10 The Jecrsonian AMI Hamltonm lines
- ,hr r.1v administration of General Washington, aud
vent 10 IN. words o the cGEsnon and not TO Tie interpe-
,,nns Of liz administrators, for re meaning Surh mes
.oyc fam such man not APT - LOOK BACK when
~, lind set his Observation-Disclosures u,a Democratic
n;,;, n TIE coun,ry. Tie old Democracy fell ia Il they
10 see the constitution restored before they dcd the
vnunp ar they summoned To The Reconstruction Of
ybo ns al their fathers. c2ldrn that great con-
s was coming on and The odds entirety ag2nst Inc Ps
dent On The side, the undivided phaanx {" lie federal
party nr they had mol lhdh !aken tl name oi HheJa
nrp plr the Dcmncrucc party yielding 10 The precedent
and judicial dccision the bank ITSELF wh s Colossal money
nowrr s arms in every State by means OF branches lis
n,w,r over The STATE banks ts power over The buslnls
r,nn,ity over public men who should urG0ne its debtors
ar :cainis organization under single cad Issuing us
orders Ia secret obeyrd in all PLACES and by all sub"r
dina,es al tho moment Such was HE formidable array
on one aide the other gid: divided Dcn"cfatic party
ilslira, !r.ad by diVson win noihing 10 rely upon
bur thu 2uoCGrss Of their caus lie frsSs&e VI 'ack.
s,u's name, aud the Presidential power gooh against
,,rn ,hr,s of Congress the final question u! tr
r.. charter bat r risk TO run OF hs aortcl!' before ''e
fn, ou sion came on Under such circumstances, re-
ouirr strong sense Of duty The new president 10 com
menc his career by rlskng such ceh-i nut nc oee''I
The insinun he unconstitutional ANA DANGEROUS and
rut il Ought cease 10 exist ana uce was Clause III 'r
cons :la constitution winch ne had sworn 10 sup
which cnnilnil! him Ia recninnicnh 10 congress-
m its considerations such Ieaarcs as ne should deem cxIr
dent ana trooper. Under this Sense 81 nuiy ana uhucf ih
hIput,nu of this oath President Jackson iai recommends
IA (onncss lie al the BANK csTl1, enh Inc
uh.ttu, If different fiscal agent for the opcr unns AT
ih. nuvrrnincn any such agent was required ANA WIN
il accu,tn,,I lrnmknrsS ani the iarsa 4" man who
hus uuhin. The public good IN Vir", Ghd WIN hsr
gard Of SCH which permits no per soma, co"Siaoa'"h "
stand in "l discharge :" pup" uu'y, nc h'a''
IN. recommendation Ak years before The expiration OF The
charter and the first message Of his tlrSi TERM stcrcnr Ia
tnu mon s hands snr!i enemy The Bank oi The un!ra
States v.y commencement ~ Ms administration
rhat such uIniatiun against such an Institution
should hua upon The President AMI is supporters 'oieh
attacks both personal aud pDii:ca, with arrhsnieni
motives I. we'll AZ of rcnsuns Naturally TO be expected
aud that expectation wa, by no llrans disappointed lio"
he and they rin The years liat HE DAM contest
lin dlrcu fornis prevailed, received from H. from hf
nrwsanr nnd rrrlolra pres in ~ Interest AMI from The
uulc scalt.s favor al every gfade un accumulation
If ulnuiy aud AT arcLsa't ohy !hVlsiu upon tut
orrss,.rs AMI pnirrrS nali0nsa VERGE, orr Has
n.s l5 uaiuIli III such an nstli"'l"n bn' re-
.ri,ut Jackson and this friends had r'sh' to nkpec lar
i,.,rn hi d"uirrsird HISTORY which
hnulI .u,rc 10 ruth and which has Iighi Id DC iEhn'
rant or ca,,-= He and they had fiS &" eElrct justice
from ii. history but this is what they have not received
w,ilr: :.s, truk llkts him Gut al that "g-s "l fIr"
p,an travellers rItr thu hospitality al America hv
ii.pnr.en. al their institutions. their country, AMI te
rInroc,rf un. scurra intelligence and candur rnc
his crlnrs Tie honor oi CORRECTION In hf' NJ DC
rorqur hrs bi President Jackson aud The Bank
Of Tie Uni,d States:
.l,.I tlr ,Iul ntryw VA,
ycil.d ami rites ionri the we'll informed rlIsst
rallied round bank, the common people round The P'rSI
dent Bat must not lie imagined that Tue people had ofhI
ed RATIONAL opinion upon question which oilers SO many
iitficuI The must experienced statesmen Inc BANK Is
pTctt establishment, which enjoys Independent Gals
tnrc IN lie people accustomed Inkr and unmakc what
ever il nrasrs is startled with This obstacle 10 lis
authority Ia the midst OF The perpetual li"ctuntion Of So
cicv, the community Is ltfltaed BY so Permnncht an ln''
tuition led Attack II in order 10 whether II ran
shaken controlled. lite oil the other Institutions OF the
COUNTY, (Cllupicr lu
or tins pa;agIah drrnghtOy 10 President Jackson nnd
thr people The United Stairs, every word is an eror--
Where tact il alleged Ia M an error where On opinion
Expressed, is where theory Is Invented II Is
ianctIu and vi-lnnay. President Jackson lid mol attack
tie bank; bank attac. ri i and Tor political as wei u
pecun.ry nrs and under li lead al politicians Wien
General La h7 hst message nl December ley OK
pressed Isl opinion Congress araGa the renewal Of the
Banks charter, h attacked u" riai "f Interest," winch i'
bank possessed Ii institution 81 limited rxIscnrr
enl"yinr Irisirgrs among "lhers m"nupoY of ma
liuna banking aid iai light 10 ANY pnlongatInn o cS
privilege after the termination u iIs charter
Ear there be- another bank IiIi doctrine
rqual rihl, aud nuUPUlir5 lcipeIurs required Ia
be thrown open the Tree competition u all the citizens.
The Given hy r rcsdtnl were attack upnn lr
bank liz ImlIn.d neither the integrity The skill I'll the
institution repeated the uhleriTs vi the political
school Il, which nc htiunac. and which AZ old MI
Jrlef-nus cabinet opinion President Washing On The
1871 and Mr. Madsons gtrat speech IN The House nl
Representatives III the same Year. ic therefore, made
attack upon the bank either lis existence character
any ui rI.Is On lhr uillF hand, the bank did
attack President Jackson and under ih- lead politicians
and for purpose Of breaking him down. The facts we're
these: President Jack,un had communicated his upniun
Congress December. 1899 against The renewal Of Tie
chs, three afterwards the 9Th al January
1892 while the charter had yet hbIvc rr. aud
t:,ngrr-s be elected before s expiration and the
presidential election impending General Jackson ni Nj
Clay The raniatcs the memorial OF the President and D
ut The Bank suddenly presented the Senate
OF the United States lu the renewal OF lis charter Now
how thLt memorial IL be intel uoppp
tune :! premature, inevitably MIXING Iseli with l.
prrsI,ntia election, aud ncroachng upon The rights
the opl IN snachne HE question ont uI their hunia aud
having il rciicd by Congress not elected for The purpose
AMI the usuann OF the rights of the Congress elected
tor purpose! How allphese anomalies ?a these
violations OF hight deccncy and pt"ptiey They came
Inns lie bank and its leading anri-J son friends
| sdrnt ;nai /, could beat him IN The clecnn-ha