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Edgefield advertiser. (Edgefield, S.C.) 1836-current, March 22, 1838, Image 1

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hi. LABORDE, Editor. "W will cling to the pillars tho temple of our liberties,
and if it must fall we will rish amidst the ruins." WLY,
VOJ~IJ~iE 3 EDGEFLEL6D c. VE .) March 22. 1Issue*
'T e EdgefliId Advertiser.
IS IsIJ11 It .1 iF )
EVElRY THURCSDAY MORNING.
TIRMS.-Th1'bree Ioliars per anumn ir plld
in advance,-Three Dollars and Filly Cents if
paid hefore the expiration of Six Months firom
the date of Sulription,-nd Four Dollars it
not paid within Six Montis. Subscribers out oi
the Suate are required to pay in adraince.
No sithsription received for less than one gear,
and no paier discontinued until all arre.arages
nre paid, except at the option of the EdNitor.
All subscriitions will be continued uilessother
wise ordered, at the end of the year. .
Any person procuring five Subss . hers .nd
bectining responsible for the same, shall receive
the sixth coipy gratis.
invxr.as ta -rs e.nspienutsly inserted at
G(2 cents per square, for the first itisertion. and
4'F cents for eacl I h coitinutiniice . Advertisenn-its
nt having the nuiber of insertions marked on
thent. will b) rontinued until ordered out, tand
einrlgled necordinidly.
Aill Adve, tiseinent inteided for piublieation in
this paper, mu11ist be deposited ini the olice Iy
7usdfly creningz.
All colmnnieations addressed to the Editor,
(rOsT-PA D ) will be proinptly and strictly at
teidel to.
BLOCK Ti.% AND JA PAN
T iIE Stuscriber hason hand n very lnre
supply of ready made TIN WA It E.
of all description, which he offers at whole
sale or retail, at as low prices as enti e if
fordeid in this part of the coniry. Ile Ihs
also a lnrere supply of the newest fashion of
.J A PA N WA R ',tiogethcr with English and
Illock Tin Ware of excellent gnality. Also
Copper and Sheet Tronl Wnre-Sihenting
and lirazin- Copper,-Ullock tin, Stove
Speller, nl Tin Plate-all of whirh lie of
fers for sale low for cash, at No iGS Broad
streer, Amngt. 13. F. Clll.W.
The subtcriher heitig truly thanilful for
the very lieral ( Ytro pih'''
3T tlio m 15 411-1 3J
lie generally, respect fully solicits a contin
innece of their favors-nnd oflers his servi
ces in eithier of the fitllowing iranehes of
his business-Copper Tin, Sheet Iron. and
Roofing. B. F. C.
Augusta, Ga., Mareh 5 tf5
A CARD.
H L .FFllS & Co. neknowl
e edges renewed )lligntions to their
frienuds and elstonters for the very liberal
palitt'irage heretofore bestowed on themt
nui heg lente to ainIonlce, that they have
nlow on ani, and will cottinne to receive,
ij well .selected assortment of GOODS,
conlsisting. 0f .'
Io aid oaf Stigar,
Gtreen aind White0 Collfi-e.
N.O. &. Star lioOse Molasses,
Wtine aid :' pirits of tlhe best selection,
Canal Flor-whole and half libis.
n11ke Rope an3d Baging,
frol and Steel,
Together with all other arti:les in the Gro
, r1 Jine :-which they %%ill sell, or mend to
o'der, lWarranld Good, at the lowest mar
ket Prices
T'hevy as(3nie to tranlsnet C'omm;s
s ion Iiusiness, iteuliiiig receivinig a,11d for
warding of Goods; anld tendler to their
friends alssrnlicec of their best attention to
order, in that line of blsiness.
ilnatlurg, i arch 1834. ti1 5
The Pendleton Messenger will insert the
above fimr times ann send their bill for
Payment to I1I. L.. .
NOTIE
A LL pesn imilebte'd to thn'eetate oIf Sn~nnlf
(Cahes(Ih:el laute of.\bbheville l)istraict dee'
arme refliested to 33n.tdw patyme~t itntialitely, attul
thouse hzavirng -dl~entis ton peresent them33 iduv at
tested wt~iitin thtinnsrescribemd by~ law, to cthher
JO h znseiINr~ COTIIR AN,
A. ( i. U.\I)\V1F.LL. 9,is
.Vo i cc.
LL Per 'itsonis inide bled to the late Mrs. lie
I h. ethhnlti tl Mim, dlecea'sed, nritre e intestedl to
siake imminiilte pn~ 33ne tun till prsns hnvt
inag demnidsatgninlst thle estate o1 said dec''iesd
aire reipsetd to~1( pir'eent them duly1) asted.
UI:NJ. MIMS, IExctor.
Dec 9.18i37 . tr '145
.i'O TIC E.
ALL Persants ind~ebtedh to thlatte Ch~rir
J tian Ireithantpt, dleceasedl, are regt:.st
ed to matke immediate paymen~tt. And allI
personts hivuing detmanids againlst thle e'sta te'
nsf said dleLcasedl are regnested ts p~reset
JOlIN BAiUSKETT, EKr'or.
1-',,,. 25. 3-tf
HIstorketl Collerionm of M. Car-olinn.
R V i. ||. C'A ilIWI1.
rIII ,J 5 ork is tiow ready for deliver)y to Stth
, sc'ribers lit the Mtoire of' C A . Dmsed, in this
plc.. iw extra copies fir Malte.
MEEDECINE.
DR.LABli10' & MDIR5 will at
.tendl to ainy protssionatl calls which
thvmy reecise ill Town or country.
ja .14t 7
Wett Mces.
From the Lcrington I,.telNierr.
TO "'VENET.
Ile lov'd her tiouagh ie told it not;
Bit oft was hetard to praise
The girl hom lie had ieer forgot,
Since first he met her graze.
.fid as they met where pleasure bcam'd,
And shoue from beamy's eye,
Ile joyous as bird wohild seei,
A he suppressed each sigh.
Ile knew another lov'd her well.
And thought that love was Wlest;
And he was too proul to tell
That which his leart culissel.
For they were friends, the hapless two,
I, ho sig hed for this one's love
' Wme tle other's secret knew
:j would not treacherons prove.
Ti-1ne is :,one, the oilier anow
Browi a'er his wofual site ;
1 Ie clouds of sorrow shade his brow,
I Is. mourns his hoiieless fate.
Il iA every thought of love is hers
To her his liheart i- given...
Shein his every dreaisnpr1ers,
Like oie pure soul from Ileaven.
To ler he wafus his mihnighit sidis
IRacked with love's noddeing flame,
And though nO voice to his replics,
lie Clls on her lov'd name.
WESTERlN BARD.
PETRIFIED BU FFALO.--'lisexraorliina
ry curiosity was discovered aliout two years
sime, by some truppers belonging, to Capt.
Bent's comiipaniy, lyinit oi the side of the
heaver damas of theltio (Grande of the North.
(a sirean emptying itself into the Gulf of
a nlifra,) whose V..niers, it..i sg jj, ij'k
gree, its shores abounding ins specimoens of
various anizial aid vegetable prliduetions
in a petrilied state. TIhe petrilied Buflalo
is described by those who11 have seen it, tobe
;as perfect in its petrefaction as when living,
with the exception of ai hole in one of the
sides, about 4 inches ins diameter, aroutid
n hich the hair has been worn ofl, proba
bly by the friction of the water, ins which it
must have lain for ages past to have pro
soced such a phenomaenaon. The hiair on
the hnmp.shoulders, nleck, jihrehead and(I tail,
lough concreted into ahnosti a smioioth sur
lace may lie easily discerned. The horns,
eyes, iostrils,month and legs,are as perfect
in their stone, as in their pristine state.
The con'try in which this rare specimen
was found is inhabited by the. Euteaux, a
roving tribe of savnges, wvhio subsist a great
iortiois of their lives on insects, sunakes,
tonds, roots, &e. The tribe being paraicn
larly hostile to the whites, renders the aic
quisition of this eiriosiy not la little hazard
onae; n(ot wliihstanading this, and niiny othler
iillieuhlies to be suriitaied, such as dis
tawi:c, ex penses, & c. Capt. Benlt cn)Iileli
plates, procuring and brinagingzr it ilto the
U. States during the ensning auttn. The
enrions may thereltre anticipate an extraor
dinary treat in the course of the winter.
I'rom ith Floridla lI'atchman.
1FWCATION or Ci ali -:EN.-We piblish
!if the first page of to-day's liaper a very
itereItng article ol ile early treatment of
cildren. As lie tabject is one of great in
terest and importance ol parents, we hope
they will give it an attenative pernsul.-We,
hiave long been conviniced of' lie great ima
imlapropriety of stubjectiing clahilie of13) a teni
dler age, to thatl sever~e ialppienation to stiudy
wilcha mnore a ppropriaaely bielonigs to molr~e
n-lvainee~years,and whose physienl piowers
amre monre adlerqnnte to suistain theo minid in
its arduons toils. A child who possesses a
mot! her of ordiiaory indusaitry sandl intelligence
need not) eniter the door of a schlool hanase,
uil ble has attamned thil age oIf eightc or ten
years;~ and0 evenm Ihena, is literary tamsks
shldill at first be light. Aminple timennshonkI
he' aliOrded him for play, andn exercise ; oth1
erwise. tlioughi lhe maay necqpaire the sap
PeI lati of "bhook-wornm,"' "literary, pirod i
gy " &c. yet hec will be at last, comiparat
tively, but a worma, eithe1r ini mentatl or
physicaIl strenigth. We are for chiildreni
lezarinmg all that they conn, without disguist
inig thiemi wiith books, nnd( enfeetlinig at thue
v'ery ouitse't, thle energies-of mind ati body.
Let a chaild enter the schaooh-room as he
wouitil a flower garden, with ghldness andii
delight-lea him rove mnneh at his will,
gathierinlg in his progress such flowers aIs
ianny pilease his younig fancy-let tho hennt
tiles of sciecei he( gradluatlly unfoaded to his
view~-let strengthninig renusonia nrge its strng
arIgmnen~ats ini favour of knofwledge~C-nrontse,
his oabitiona; gradnaally lift fr'om life's 'stage
the enirtaini, and1 let hlim see that upon1 hijs
wvell directed and conttinnedell eirts, dle
pendlls his successful and usefual cunreer in thais
-vorldl, anda hiappiiness ini the other,-and
ii' a child piossesses the proper elements, lie
will rise to usefulhae-s and( hionoar, and hiis
pobaul~ay to fiaul success will lie oaio of
p lesu ire,
Children are too generally viewed as mere
utachainer. whlivh maust In mpon . ,,....'t
force, entirely, and not drawn by motives
'rom our own observation, we are led 1
believe tint every child of ordiunary capaci
ty who has arrived at the age of six years
can compreheud all the reasons, in favor o
earnest effort in the pursuits of knowledge
Young as he is, his mind may, if* proppl;
and patiently directed, he made to discovei
the excellence of wisdom; the beauties tha
are to lie seen and gathered in her patis
the glory that begirts the names of her vo
ttries-the unwasting fullness of her gar.
ners. When a bright and useful career is
held up to his young mind, and he is inade
nequainted with the means upon which Ah
hal success hangs, ie must indeed be un
worthy of iheral culture, who will not seize
upon them with eagerness. We have tit
present neither lime nor space to enlarge
upotn this subject
EXThAORDiNARY CASE OF E LECTRICAL
ExcITEMY-r.-)r. losford, of Orford,
New Hampshire, r ilatcs, in the last num
her of Sillimnat'sJournal, the case of a lady
in that town, who became unconsciously
charged with electricity, at the time of the
occurrenre of an unusual atrora borealis,
on the 25th of Jan. 1837. This extraordi
nary state continued until the niddle of the
following May, during most of which time
she was ca plile of' giving electrical sparks
It every conducting body within the sphere
of herelectrical influence. When her finger
was brought within one sixteenth ofan inch
of a metallic body, a spark that was heard
s:-C, and felt, pased every second.
When seated motionless, with her feet (in
the iron stove hearth, three or four sparks
per inutie would pass to the stove, not
wiiim.standing tie insulation of'shoes and silk
hosiery. When most favorably circun
stanced, four sparks per minute of one inch
-tnd a half wouhl pass from tie end of her
finger to a brass hall on the stove; these
were quite brilliant, distinctly seen nd
heard in any part of a large room, and
sharply felt when they passed to another
person. These experiments were so often
repeteld that there was no doubt left of
their actual occurrence. The hadv had no
internal evidence of this faculty, which was
only manifested to her when fle sparks left
her. Her health had never been good, tho'
she had seldom been confiued to her bed.
She had sufllercd much from unseated neu
ralgia in various parts of her systern,or
somne months previous to her electrical
developemetnt. 11er health is now better
flingf gWeldr"n' s fli 'as'ed'hy* tie
uurora alluded to, but that it was an appen
dage of the animatsyste-n.-Boston Med.
and Stir. Joltrnal.
Anothcr lorer of the Qtueen.-A man of
the nattie of Ash, an inmate in St. Giles's
work-'use, was brought before Mr. Dyer,
at Marlborough-street offiee yesterday, to
lbe examined touching his salnity. It ap
peared that lie was pertibely rational upon
every stibiect but ihat of' a supposed attach
ment to her Majesty. Whlien questioned,
lie said that it was truc lie was deeply ena
mored )f her Majesty, and he was certain
that she entertuiued the same fee!ing toward
him. Mr. Dyer: "Where have you had
an opportunity of seeing her Majesty?"
Prisoner: I have frequently seen her at
Kensington Gardens." Mr. Dyer: "And
what reasom have you to believe that the
affection you speak of really exists?" Pris
oner: "We have exchanged looks together,
and I feel convinced that she really enter
tains anl affection for me." Mr~ Dyer
"Have you taken any measures to make
ier Majesty aware of the f'eeling you have
towards her ?" Prisoner : --No; but I in
tenl to miake a communication to the gov
ertinment on the subject " lie was directed
to be taken to a lunatic asylum.-London
.Al his.
A FAMAL: Ilontwms Tntmr.-The flalti
more Sun (if Monday gives an necont of
the arrest of a horse thief onl Sunday at the
Horse Market, who was, after committal
to jail, discovered to be a woman. She
htad stolen tihe horse at Helle-Air, llnrtfordl
('ontunty, tand ridden bhim to Ilaltimnore.
Ont the dliscovery of' her sex, she stated that
sh~e was a native of' Yorkshire. England
and14 bad wvorn male attire for three years.
dutring part of which time sheo had wgced
as a laborer umpon tihe canal.
rThe 11. of ltrpresentattives (of Ketutcky
have rejectedl thme hill for granting banking
priavieges to thme Rail Rtoad, b~y a majority
of 13. 'The Charter, however, is complete
wititouit the 'oncurrenmce of that State, anmd
tihe Bank is expected to lie put itt operationm
in October next, in South Carolina, North
CJarolinma, and Tennessee.
aliualle Discorer- he New Orleans
Pienyunte of the 13th mtant says-"A silver
nmiute of tile richest description wh~s yesterday
discovered on the ground formerly covered
by Diamnond~s flotel, opposite St. Mary,s
market. Theo men employed itn working
this tinet stucceded ini diggitng up sotmethiing
like $20),000, all of thme best Mexican silver."
A4 long Iail.-The tail of' Queen Victoria's
dress nsienstures I16 yards, anid weighs 20)
pioundls. 'rThe Ducheless of Kent has the high
atnd areighmy honttor ofeaurrying thte lutter endl
oIf it, assisted by three Right Ilotnorable
Inidies of utohility. Otto accounit say's that
Victor'ia has a very coarse, awkward fgtre
at large flant foot, a beefy atmele, and thtat her
face is ugly as sin.-Hudlson River Citron.
T wo farms in Dutchess county, New-York,
have recenmtly been sold at nuection. Tme
pirices at whitch they were struck off were,
(one( at .9y5 pelr acre, thle other at $5G 25 ets.
per zere.
Domestic News.
BPEECII OF MR. CALHOUN OF S. C.
t 'ruE Sun-TnrASURY BILL.
'n the Sente of the U. States Feb 15, 1838.
[ COTINnU. ]
itch are tihe dificiulties that stand in the
way of the substitute at the very threshhold.
Tose beyond are vastly greater, as I shall
no) proceed to show. Its object, af I have
f tqed, is to revive the league of State banks
and the first question presented for consid
ergtion is, how is this to be done? how is the
leqgue to be formed? how stimulated into
life when formed; and what after it has
beqn revived, would be the true character
of the league or combitatiou? To answer
thes questions we must turn to its provis
ions.
It providts that the Secretary of the
Trasury shall select twenty five specie
payng banks, as the fiscal agents o the
(overnment, all to be respectable and sub
stantial, and that the selection shall ie con
firmnied by the joint vomeof the two Houses
It also provides,that they shall be made the
depositories of the public money, and that
their notes shall be receivable in the duesof
tie Government; alnd that in turn for these
advlitages, they shall stipulate to pertorm
certain duties, aind comply with various
conditions the object of which is, to give t
to the Secretary of theTrensury full knowl- r
Clgo of their condition and business, with 1
the view to supervise and control their acts,
as ihr as the interest of the Governineat :s
concerned. Ins addition to these. it contains <
oilier and important provisions, which I u
shall not enmerte, because they do not 9
fdi within the scope of the objections, that i
I propose to urge against-lhe men-ure. i
Now I ask wIat floes all this amuntmt to? 1
What but it proposal on the part oftheGov- o
ernment to enter into a contract, or bar- t
gain, with certain selected State biznks, oti
mtie terms and conditions contained. Have a
we a right to make such a bargain is the 8
first question ; and to that I give a decided p
negative, which I hope to place on consti- f
titional grounds, that camnnot lie shaken.- i
I intend to discuss it, with other questions j
growing out of ite connection of the Gov- ii
ernment with the banks, as a new question a
for the first timme presented for concideration o
and decision. Sirange as it inay seem, he t
questions growingout of it, as long n it has li
existed, have never vet hemnurstnd atirkA <J
alitf. ~How this ihas happened, I shall now (
proeced to explain. preparatory to the ex- v
amination of the question,which I proposed. s
Tic union of the Governtnment amid the r
Ianiks was never lgally solemnized. It Ii
origimated shortly after the Government it
went into operation, not in -ay ,legal enmmct- it
ment, but min a short order of mhe Treasury y
Departmient of not much more than half it ;I
dozen lines, as if it were a mere matter of a
coM:rse. We thusglided imperceptibly into h
a connection. which was never recognized
by law til 1816, (if my imemory serves)htut r
which has produced more Important after o
consequences, anl has iad a greater con- s
trol over tie destiny of this country, than 1 ,
anyone if the mighty questions, which have s
so often and deeply agitated the country, s
To it may be traced, as their seminal prinei- e
ple. the va-st anid extraordinary expanion t]
of our banking svstem, our exe'ssive import ti
dluties. uncouit:tutional and profuse dii. o
bursemetis, tie proective Tariff, and its o
associated system for spending what it b
threw into the Treasury, followed in time a
by a vast surplus which time utiost extrav- so
annce of tie Government could not dissi- g
pate, and finally by a sort of retributive it
justice, the explosion of the entire banking g
system, and the present prostrated conditioi e
(of the currency, now the sulject of our de- v
liberation.
Ilow a measure fraught with such impor- M
tant consequences shouId at first, andI for so i
long a time have e-scaped the attention and a
the investi-ation (if the public, deserves it p
passmg notmce. It is to be explain--d by the t
false conception of the eitime .silieet of i
hanking,wvhichi at thtat eariy period un iiver-t
saliy prevailed in time co~nammity. No er
romnous wits it, thmat a bank nte was thmen f
identified ini the minmd of time piulie with gold r
anmd silver, and a deposite iu hank was re- E
garded, as uimder time nost samfe amnd sacred C
cumstody, that c'oubd be deviseud. Th'ie origi- <
inal impressiomn, derived fromt time banmk of
Aimisterdam, whmere every ntote, or certificate I
mt circulation, was ihonestly represented by I
aim equal anti specific qtunmity of gold or
silver im hank, and where every dleixasite
was kept, as a sacredi trust, to lie safely re-- I
tuirned to thme depositories, when demandedl,
wvas extended to baniks of discount, downm to (
time time of the formation of oar Governi
ment, with but slight modificatiotns. With
this itmpressionm, it is not at all extraorina- I
my, that time deposite of time revenue ini banmks
for safe keeping, and thme receipt of their
inmtes in time public dtues, si:ould lie consil- I
cred a matter of course, requmirinig tio higmer
authority than a.Treasury order. andl bienee I
a cotnmection, with all time itmpiortanit quies
tions belonmginmg to it and nmow considered of
vast magnmituide, received so little notice, i
till public attention wvas directedl to it by its'
recent ruphtmre, Thtis totai separatinm from I
the system. in which wve niow fimid ourselves
plancedl, for the first time, atuthmorises amid mde
nmmands, that weo simall investigate freely anidi
fully, niot only the consequence of time conm
meeiomn, but all the questitons growing out
of it, more especially thmose of a constitution
al character; and I shall in obedience to
this demmand, retturn to time qumestiomn from
whuich thmis dsgresion has carried inc so far.
IHave we then time right to make time bar
gai proposedl I Have we thme right then
to bestowy tihe high privileges, I nighit say
pirerogatives, on them of beinug mado the de
positories of the public revenue, and o
having their notes received and treated at
gold an3d silver in the duties of the Goverb.
ment and in all its fiscal transactions ?
H~ave we the right to do all this in otder to
bestow confidence in the banks, with (ie
view to enable them to resume specie pny
ments? What is the state of the case?
The banks are deeply indebted to the coun
try, and are unable to pay; and we are
asked to give them these ad vantages, in or
der 6 enable them to pay their debts. Can
we grant the boon? In answering this imi
portant question, I begin with the fact,that
our Governient is one of limited powers.-w
It (an1 exer*e'e tIe right but what is specifi
eally granted; nor pass any law, but what
is necessary and proper to carry such pow
or into effect. This small pamphlet (hold
ing it up) contains the Constitution. Its
grants of power are few and plain; and I
rsk gentlemen to turn to it. and point out
he power, (iint anthorises uts to do what is
proposed to) le done, or to show that,to pass
this substitute, is necessary to carry any of
lie granted powers into effect. If neither
:an be shown. what is proposed, cannot lie
:onstitutionially done; anl till it is specifi
ally pointed out, I am warranted in believ
ng thli-t is cannot shown.
Our reason is ften confounded bry a
nere name. An act, in the minds of jnny
nay become of doubtful constitutional 'nu
hority, when applied to a bank, which
tone would, for a moment hesitate to pro
ounce grossly uinconstitutional, when ap
lied to un individual. To free ourselves
ro-n these illusions, I ask, could the Gov
rnment constitutionally bestow on individ .
ails, or a private association, the advanta
es proposed to be bestowed on the selected
anks, in order to enable them to pay their
ebts. Is there one who hears mie, who
ild venture to say, yes, even in the case
f the must extensive merchant or merca.1
ile concern. seh as some of those in New
Iork. or New Orleans. at the late suspei
ion, whose embarrassments involve entire
Dctiotns ii distress? But. it not, on what
rinciple cnn a discrimination be made in
Mviur of the banks ? They are local
i'tittitions. created by the State for local
mrposes, composed. like private associa
0tns, of individual citizens, on whoi the
cts of the States cannot confer a particle
r constitutioial rights under this Consti
ition, that does not belong to the hun
lest citizen. So fair from it, if there he a
MV~ d:'16'ii'ine'cntrol oTihis
iovernment thn e individual citizens.
-ho, by the Contatiution, are expressly
ihijected to the direct action of this Gov
Inent in many instances; while the State
anks, as consi itutin, a portion of the to
lestic institutions ot the States, and rest
3I on their reserved rights, are entirely be
lind our control, so much so, as not to be
te suilject of a hankiupt law, although the
inhority to pass one as expressl granted
y the Constittution. ' ...a f
Oni What possible ground, then, can the
ght i questioi be placed, unless indeed,
n the broad principle that these local in
itttions, intended for state purposes, have
een so extended and so connected them
-lves with the general circulation and bu
ness of the country. as to aftect the inter
;t of the whole country, so as to make it
ti right and duty of Congress to regulate
tem, or, in short, on the broad priticiple
r the general welthre? There is none
ther, that I can conceive ; but this wonld
e to adopt the old and exploded principle,
t all tiimes d(angerotis, biht pre-eminently
III this timle, w lhen such loose and dan
rous conceptionsof tie Constitut iori are
broad in the Had. . If the argument is
nod, in one ense, it is good in all similar
ises. If this Government may interfere
ith any of the domestic instilutiots of tie
tates. on the ground of promoting the
eneral welfare, it may with others. If it
may bestov privileges to control them, it
sy also approprmate money for the sante
urpose ; an thus a door night he opeited
ani interference with the State instiintous,
F which we of a -crtain section ought at
t~is time to lbe tiot a little jealous.
IThe argutment might lhe pushed much
.irthier. We not only olli-r to confer great
nd imnportant privilegcs on the banks to be
elected, but, in turn ask themi to stipulate to
Omly with certain crondiitions, the ohbject
f which is to britng them under the super
isiotn and conitrol of this Giovertnent.
t might lbe asked .where is the right to
urchas~e or assumte sneh supervsion or
ontrol! It might lbe repeated, that they
re State institntionis, iincorporatedl solel'
or state purposes; and to lbe etitirely tuider
tate control, and thant all supervirsion on
ur part is in violation of the rights of (lie
states. It tmighit lie argued that stich super
ision or control is calculated to wveakon
lie control of the States over their ownt in.
titutions, and to render thenm less subser
ient El) their peculiar anid local interests, for
hte p~romtotioni of which they were estah
ishmed ; atid tot) subservient to other, and,
erhaps cotnflictitg initerests, which might
ecl but little sympathy with those of the
states. lBut I forbiare. Other. and not
ess urgent objections claim niy attetntion.
r'o dlilate too nmuch Otn one, woutld necessari
y sacrifice the claimt of the others.
I next object, that whlatever may lbe the
-ight to enter itto the piroposed bargaIn, the
node in which it is piroposed to make it is
ylearly unconstitutional, if 1 rightly com-.
irehend it. I am tnot certain that 1 do1
iut, if I understntd it righitly, the plan im,
hr the Secretary of the T1reasutry to select
wenty-fiveState banks, as described in the
mbstitute, which are to lie submitted to the
rtwo I1(ouses to be confirmed, or rejected, by
their joinit resolutions, without the approv
at of the President; int the same mode, as
they would anpoitnt a chianlaiti. or esttb:.:.
r a jdt i f the governnent of their pro
I cbedings.
In acting on the joint resolution, if whnt
I supposed be iitended, each House would
have the right, of course, to'strike frotn it
the name of any bank and insert another,
which would in fact vest in the two Honn-es
the uncontrolable right or making the selece
tion. Now, if this be the mode proposvd.
as I infer from the silence of the mover, it
is a glain and pala)Rblo violation ol ilh
Constitution. The obvious intention is wo
invade the veto power of the Execuive,
which cannot be, without an infraction fi
an express provision of the Constitotion,
drawn up with the tmost care, and intienl
ed, to prevent the possibility of evnio:.
Its contained in the first ariiele, 7th seeiln
and tle last clause, which I ask the Secr. -
tary to read :
("Every order resolntion, or vote, te
which the concurrence of the Setinte nd
House of Representatives may he nece-s
ary, (except on a question of ndlournment)
shall he presented to the President or tha
United States, and before the snme shall
take effect, shall be approved by him, or be
ing hisapproved by him, shall he repwsel
by two thirds of the Senato and Iloione tit
Representatives, aceoiding to the rules
and limitations prescribed in the case ofi a
bill"]
Nothing'ecan he more explicit, and full.
It is no more possible to evade the Exet :
live veto. on any joint vote, than in the pa,
sage (of a bill. The veto was veste-1
in Wim not only to protect his own pow-r,,
but ,ns an additional guard to the Conu-vi:
tion. I am not the advocate of Execoiti 4'
lonwer, which I have often been cim::i
pelled to resist of late, when extended he
yond its proper limits, as I shall ever Le
prepared to do iwhen it is. Nor am I the
advocate of Legislative or Judicial. I stand
ready to protect al, within the sphere n
signed by the Constitution, aid to resist
them beyond. To this explicit anud corn
prehiensive provision of the Constitution,
of the veto, there is but a single exceptioi,
resulting, by necessary implicatiou, from n
iothier portion of the instrument. not less
explicit, which nuthorioes each House to
establish the rules of its proceedings.
Under this provision the two Iouses hanve
full and uncontrollablo authority within the
limits of their respective wall andul over
those subject to their authority, in their of
ficial character. To that extent, they niny
itprwahl of the Executive; but beyond that,
%vi hout it, they are powerless.
There is, in this case a special renson
wly his approval should not be evaded.
The President is at the head of ti Ad
ministration Department of the Govern
ment, aid is especially responsible for its
good manngement. lit order to hold him
responsible, he ought to have due power in
the selection of its agents. and proper con
trol over their conduct. These banks would
be by far the most powerful and influential
of"Wste agents pf the Government, and
ought not to be seldete4without the concur
rence of the Excentive. If thisis'dtufth' -
should he adopted, and] the provision in
question he regarded such as 1 consider it,
there can he no doubt what must be the fate
of the measure. The Executive will be
boundto protect, by the intervention of
its constitutional right. the portion of powv
power clearly allotted to that department
by the instrument, which would timake it
impossible for it to become a law, with the
existing division in [he two House.
I have not yet exhausted my constitution
al objections. I rise to higher and to broad
er, applying directly to the very essence
of this substitute. I deny your right to
make a general deposite of the public re
venue in a bank. Afore than half of the
errors of life may be traced to fallacies or
iginaiing in an improper use or words; attd
among not the least mischievous is the np
plication of this word to bank tranaetios,
in a seuse whIoly different from its origitat
meaning. Originally it meant a thtng p]ae.
ed in trust, or pledged to be safely and so
ered'y kept,, till returnwed to thte depositor,
without bemat used biy the depository,
while in his possession. All this is changed
when applied to a dleposite in batik. In
stead of returning the idlentical thing, the
bank is understoodt to be bhunnd to retnr-n
only an egnal value : and instead of net
lainjg the use, it is unid-rstood to have :'S
right to loan it on interest, or to <Hsponr a(
it as it pleases, wtithi the sinalo conditi,
that an eqlual amount he returned, e he:.
demanded, which experience lias tau la :4
ntot always dlone. To place, then, the li-n
lic money in deposite, ii banks, withouri 'i
strictiotn, is to give the free use of it, ad
allowv them to make as much as tihe' er~ :
out of it, between the time of depo~-1I~s.al
disbutrsmient. Ihave wte such a right? The~
mnonoy belongs to theC peoiplne-oilee-*ed
from themti for speilie piurposes,-in whh
they have a general initerest,-and ihr thtt
only: whait possible right ecab we have
to give stuch use of it to certain seleted
corporations? I ask for tlhe provisions~ of
the Constitutions tlttit auithorizes it. I na-k
if we could grant the use, for similar par.
poses, to private association~s or iudiviahtl.n.'
Or if not to thict, to indiv'iduail otileers ,'
the Government: for inistance, to the fee c
principal receivecrs under this bill, shiouihl it
prisa? And if this cannot be done, that the
distintioml be pointed out.
If these questio'ls ho satisfnectorily an
swvered, I shall propounid others stillimore
dificenlt. I shall thetn ask, if the substitto
shotuld become a law, anid tihe twetity-five
banks lie selected, wvhether they would not
in fact lie the Treasury? And if so, how
can it lhe drawn from it to be lent for the
purpose of trade, speculation, or any other
use whatever, nainst an express pirovision
of the Cuon~titention? ne. no*.1 -,,

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