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Calhoun County Patriot Newspaper Archive: May 11, 1838 - Page 1

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Publication: Calhoun County Patriot

Location: Marshall, Michigan

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   Calhoun County Patriot (Newspaper) - May 11, 1838, Marshall, Michigan                                Ftt papdf discontinued until all per sqort for the first thrto A lit eral discount macta to thorn who advertie by theyearJ PHYSICIAN fc i Co ffovynW fH3ft Itf ATTORNEY AT of OFMtCfltOANi as depoal tarteiy tipon certain public 16 appoint Receive rVGericrajof public nib to regu lite transfer nnod of the pub lhe United BfalegV frMi his ftther than frorif usual good anxlbua the purpose assailing the When he veritttf red to criticize VUh so much severity this port of the annual communication to Con Upon this hint of the Senfltof ifcehtgan aHcTNeiiir YoirJt ejections have tfjken place since the President re commended the establishment of ah inde pend nt Trenshry In ert or weaken that cltisidhvlhaTariy bftfik oflttt United States 1836 2tf OEPff A3 A ATTORNEY COUNSELLOR AT orrice oitTnVooBirsn or MAIN Aim JErFKMDN Suite 2t Ac COUNSELLOR AT SOLICITOR IN AND RAL EAND AGENT ram OH BAST OF COVET 3t PRENTISS NOTARY PUBLIC FOR CALHOVN It duly athonssd totake acknowUdgmedts qf Deeds a and other of Omct in theettfltBideorjCourt Whisiration From which thai riieasurepro The Senator Yam New must excuse mo I do not topoach upon his manor but he will excuse me if I adopt the opinions of in preference to those of the honorable in relation to the last fall both in New York nnd The senator the other that he had seen with pain the alle iii the Presidents of bank or bank in tho re election of the State of New The charge had humiliated Ho felt that tho honor of his native state had been and that the wound had been in flicted by ono of her own sons in the true spirit of he pro ceeded repel this unmerited asper sion of the President upon his native I listening ns I to the indignant accents whi h fell lips of the honorable I could hardly believe that I heard correctly tho language which he had I had tha mussiige and heard it read at the table Ibv I thought that the NOTARY PUBrLfC had not been specially men SURVEYOR A AOIjNl f BATTLE CALHOOH QKceon the Corner of Main OORDON Ac ATTOIINBY8 COUNSBUlXllia AT WILL attend to all entrusted to thenB in tho courts of Caw and Equity of de I oyOffice in brick block opposite New WRIGHT yrowbridgQ Monroe Shumway 1 BREWER S IN PAINTS DAVOO AND BOOTS AND MADE tide of Court House 18371 MARSHALL KKPT BT CRARV EXCHANGE jirauntgj jia bClGL le and Harness BATTLS CALHOUN BCtf NEW DUZBNBURY DEALERS STOPEE DRY DRUGS VORTH 1IDK OF COURTBOOSE January 6dtf AND CALHOUN CHARLES Agent for the Mutual Insu rance ypH THC 11E Court HENRY JUSTICE OF THE ornci KUHTa UDE Marshall March 183a Ironed in that the estly ajid cautiouslyvassigning a reason i4or supposing that the national soutimcnt had not been expressed against the Inde pendent Treasury and that he might without offending renew The had alluded to the lull in general all over the as influenced by local and other considerations as well as bytnose to this Totest accuracy of my the conclusion of the speech of the I reexamined t ho Executive M ancl was confirmtrriiV the correcTness of my memory in relation to its Tiio President does not name New Tho pussago is of a general and plainly shown that the President had in whgn ho penned all the in which elections had just been and other well as New were evmsmrv m his mind and the honorable Senator had no more right thnn wo had ti take tsxccp lion to tha allusions of tho in the message on this point is It strongly indicates tho deference which the Chief Magistrate and is always inclined to to fho express inn of popular Anil I to select a from the Mes whichrmore than tratesthe Republican ness of the this very passage is the bne that 1 would It is short I will read will is the supreme law of the on all subjects with in the limits of his constitutional should ue faithfully obeyed by public servant Since the measure jn was most of you have enjoyed the advantages of a personal communication with your consti For one state only has an elec tion been held for tne Federaf Govern ment but the early day at which it took place deprives the measure under consid eration of much of the support it might otherwise hove derived from tho Local elections for state officers been held in several of at which the expediency of the plan pro posed by tho Executive has been more or less You I am ffoTift thiff another honorable renbwned Tor his da ring courage and dexterity in lash ed himself into a and declared that the for his allusion the New York deserved a resolution at the hands of this it hove been well for that honorable before ho indulged in such to have remembered that his friends hold him up ns the competitor present Chief Magistrate for the Presidency that if it were wrong in the President to make allusions to the elections in the if was equally idelicata for thatSenator to indulge in such allusions and he will re collect how often he has invoked this bo dy to ben r in mind the results of certain state elections which he but to wait till they heard from from what their legislatures wouldsay on this before they acted upon the President had as much right as the honorable Senator to speak qt the State I know of no no just moral inhibition against the of their sentiments on the subject by either of appears to mo to have occurred to justify theoonolusion to which the from has that the people of the United St tcs have corn itfan been condemned by interested banks by bro kers by speculators in as well ns by who seek every but HI their own imnrovi for tho causes of their and but in their pru dence andwidom for n remedylor thu ills which transiently afflict It is n tact as intinviUul by tho distinguish ed Senator from Npw Wright that the most extraordinary and perseve ring exertions have bsen and to make up the public judg ment against this even before it It has beeji ns a measure fraught witftr tre ilnnce to a Sir I call il sweeter in nb of consolidation to Grin pare with 1 le tremendous features df tho system ifth I have just and which thret iericd to extinguish all the served potters and the if not to dibjectall4he interests of the peopleto Hhe nnltmited control The honorable Senator frotn Indiana Mr iillegesthat this bill is a conflict ney ctl the friends of a hard mo wv and the frietida of a mixed Ttre Senator is IH his isixttf annual he fervently hdpes by the evils and nn irttitu1 tion who have favoreTi the estttblish ment of a Bubstitutel for Ihe present will be iddulSdtoi abandon as any c6ittrbl of congress and pne which prevents the at the ta t flofrks torttie refctors Will inconvenience The while it It is a conflict between the friends of a specie or its and the friends of an unredeem nnd unredeemed paper The supporters of tho measure before the Senate are for a policy which will bring all banks up to the Specie Its opponents Ore for a surrender of the Go vernment and tho Currency into the of paper and for making both the Government nnd the people subservient to bank I do not suy that such is the I do say 4hnt in my is the effect of the course whiehthey Tho Senator from Indiana alleges the Specie Circular to have beten one of the principle causes of compelling West ern banks to close their I speak from personal when I declare that this was not the cose in my quartroftho this conoerttratiOrt of the whole moneyed principleof useful and safe powef of Iho RepUblic iii any oV I 1 have tto hasten under any In the isfeVertth I nal which ithe annual late President Jestitufions must cortie ftndAesootier experience oF another jirrive at that tha1eUer for year hasTJonfilirrech the utter the thatthe Bank of the iTniferStates The bill before ihe Senati was necessary as a fiscal agent of the and iKaf such a bank is ono of the fruits of a system at war With tSe genius of all our In the eighth and last annual message of the illustrious he impressively that the lessons taught by the Bank of the UnitedStates cannot well be lost upon the American They so far as Michigan at least was would nothave suspended specie pay if the suspension by York wilf take care never again towce so tre menduoire a power in irresponsible hands and it will bo fortunate if they seriously consider the consequences which are likely to on a smaller from the facility with which corporate powers are granted by their State Finally in tho farewell address of the late solemnly declares that tho powers enumerated intho Constitu do not confecon Congress the right establish such ijr corporation as the the Will correct an willgive it more and to it hiore of the pubic The substitute the I tof from Virginia RiveWj the restoration of the system has signally The modifications ho render the in niy infinitely worse than that which was its The Senator the numbef of doposite banks to Why he has fixed upon that nutoK it for me to We have twentysix States and two ritories in the But letthat limited number proposed is mono calamities of a war with tho mont potent on Thedenunciation has been daily repeated by the honorable Se nator from and by some of his party 1 doubt they be gin to credit it in despite of jhe disposition of partiesto re implicit this measure is gaining ground with tho American peoplu and the moee ft is the more ally will it come to bo viewed as a meas ure indispensiblo to tho security of thfl public the stability of business and tho and the purity nnd safe ty of our free Republican Some years in another ed by the circumstances nnd associations around the SenatorTrom Kentucky ponbunced the measure of the late Presi dent to be worse than pestilence ogd And was the real fact The country never was more prosperous and than it was under the whole of tho administration of that illustrious Chief Noepoch in its hjstorywas evermore The only unhappy people were those who aspired to the hon ors and emoluments of with banks banks were certainly They were pressed by their ex cesses in and not by the Treas ury They were pressed in con sequence of undue loans ti to top many instances to their ownpfncers and Tho honorable Senator from Kentucky FMfiGlnyt has thatjt the UDliberate purpose cf the late Adminis tration to establish a Government under exclusive control nnd direction of tho Executive In of he has read passages from the an nual messagesoMMrosident I examined They d not sustain iho charge of tho honora poly of pubTic which will create discontent and engender bad feelings and exciting and Bank of the United the evil produce a constant succession of artta whiefe Will dot only reach the usof the danger of departing from the I cculivo but these IAUU UP iiin ting temporary or ths hope of better promoting to in any our de upon the ex tent of the authority of the General Let us abide by the Constitution jis it is ot amend it in the constitutional modeVsif it is found It Jcom this connected view of the opinions of the late while during his first term he entar tninGdii vague and doubtful id ja that some bank might be constitutionally establish his the second term lent no countenance to that He en stability and change in banking will necessarily the honorableSenator a new feature into the Constitution of this Go Congress bite never been called on to approvevt the selection of denosita the appointment of public An innovation fraught with more mis cpuld in my have been what will bo The out success AOKHT FOE PURCHASE AND SALE Oh in the North side of Court LF Refer to Pettil Jfw Meaara Hulburt Aflc AT tAW Cow Drug MOMTOOMIRT COMSTOCK W give notice to Ibefe MwWUtd to and whoee Md aocounU now that they will receive and in pavmeat o debU WILL bf wiled upon lor the v BARNEY CO JOFF1CE Marehall Ofioe been nuao vnl ftow the etore of to that of the State The honorable Senator Kentucky predicts thattmVnwajare will lead On the it sepa rates this Government from the moneyed institutions of the It takes frorfi it all the means of undue influence over thenu of its viib JQgpQwer iuse or disburse tho pub lie except in pursuance of appro priations made by law and it arrays against it in all the mo neyed interest Treasury yield to their results the respect due to every expression of the public TBTtsystem an interest which has commenc iiwJeUtfcl to the for Mjrifef or Gu jhf Sonar at Verona 1 questions of fnrfeoper end immedU ate local interest than the fiscal plans of the National Treasury were involved in those Above we cannot verlook the that there were at the time in thoaa States more than one hjindred and sixty millions of bank of which large portions were subject to actual other largo portions up held only fey limited legislative and most of if not all to A greater or less dependent for a continuance of its corporate existence up on the state legislatures to be then Apprised of this you will judge whether it is not probable tbst the peculiar condition of that vast interest these the extent to whichJt has been spread through all the Tainificationa of its direct connection with the then pending and the it was calculated to iotuse into the have exercised a far greater infjaence o ver the than any which could have beea produced by a conflict of opinion in respect to aiouestion in the ad ministration of the General remote and far law imjjtnnt in its tion of this I am gla3 to find in the honorable Sen ator returning symptoms of regard f the reserved rights of the 1 had ap prehended that he had changed his early principles on this The high iff of which be was the able embraced within its scope all the interests of society Slate MirahAlL Juno trutbst uttered in J unoffending of iothis Senator from taking 0 and It struck no thrdugh the medium of tbe State Govern but us if we had been a consolidated empirej at the the the of every wo man and child in tbe Tho great system of internal upon a national if not pro that That system would have givenboundless en largement to the patronage and power of tho General Government in all menacing not only danger to the public but he absorption of all the lie sources of the the states and the To let us add a national tbe preserving advocacy ofwhich has so long distinguished the Senator from I intend re vive no war upon the Isjg Bank the United I speak pf wiiefi I say that such an under the of this go vfo no 1iv nication of the lato he mani fested his doubt of the constitutionality of tho then Bank of tho UiritetfSrates ho if such an institution is deemed essential to the fiscal operations of the ho submitted to the wisdom of tho legislature whether n tho Govoriiniuul und Us nught not be which woald avoid all con stitutional and at same secure all the advantages to the Go vernment and the that were ox yected to result fom the present n those the President does not the opinion that a bank is essen tial to the fiscal operations of the Govern ment but if Congress should be of opin ion that it he suggests founded upOr credit and revenues of the as would avoid all con stitutional at the same secure nil tha advantages to the countiy which were realized from the thnn existing National The very phraseology tho late President Shows his awn doubts upon the necessity of anv na tional bank nor is one word to be found in this or any other massuga from his which intimates that such a if found ed upon the credit and revemjea of should be placed under the control or direction of the Executive de partment fn his second annual he as a matter of compromise and whether it be not possible la secure the advantages afforded by the present baakjthrough of Hunk of the United so modified in its principles and structure us to obviate constitutional andother objections he further suggests tho practicability of such abank us a branch of tha Treasury but with no power to uo exclusive subjection to the control of t he In the third message of the late he drops tho subject of any National simply alluding x his previous massages to the then Bunk of tbe United and the whole subject to the investigation of an enlightened people and their representa In his vato the late President asks If we must haoe a cor whytshoujd not the Government tirely repudiated both the necessity and constitutionality of any bank proposed to this ho inevitable effect tho TreaBury will select the depoite Jic will send them the iwtt houses for their The appointed bank applicants will bestego these halls tooffect a rejection of the nom I inated and to substitute bythis and he retired from4ownr A seeneMf dace iovernment under the directionnnd control of the executive Having to establish this po ho has still more signally miscar ried in his effort to fix upon the present administration the satne If the present executive has succeeded to the principles and policy of the late Mad does stand pledged to carry them I have conclusively shown that a govern ment bank under the control of the ex cut ive constituted uo part of those principles or that policy But wV are not left or inference gelt off the whole and thus secure to the people the full value of the privijegos granted Why should these privileges be given as an poly to a few favored individuals t his laagkage again distinctly implies a doubt of any necessity for such an He admits in that a bank nughVbe iacorporated which would not iafrlqgo ojfp served thwStates he admits tbe Executive would a project but he upoo ftHthe peeaaukry tnt of the jaw f ooMolidfttiug have furaUhed does npt wpuld have recom mendoda under the control and de At the veto honorftbde Senator Kentucky discpotinufd bis the1 late Pceudent on tbis that public which he had adorned with so much public virtue and warning his countrymen to abide by the on this very ns it is The Senator complete ly failed to establish his that it ministration to onuthis present President of the United States came into power with the declaration his he deemed bank of the United States to be un In his September mes sage reiterated kindred declara that again to create a National as a fiscal would be tp dis regard the popular twice solemnly In his has again reiterated und unequivocally recent message he the antT we have all along had his own distinct intimation that he would sign no bill establishing any NtttiQnal says the honorable Senator from the bill befojre the Senate is intended toexecute tfie purpose of es tablishing a government bank upon tbe ruins of the bank of the United States and State this position of the Senator is sustained by his mere asser tion The bill affords upon its face the most decisive of asser tion There is not a bank feature in the any more than there is in lha coud of a who has a till or ft vault to keep his money or his pa pera I leave the gratuitous assump tion of Senator ou thia to who are as capable of reading uffif understanding a hill as we are The Senator charges tbe late and prt aent to throw the Slate Nothing be found m any message of eiflSer tSe late or present President to justify this BQCU Tha late both in words to sustaia the State its subject Had he pursued them to a later wop Id have disciosed to this body and to the what it might not hare suited hij0agumaat and perhaps will open upon Senators from the same State will differ as to the safe and solvoncyof the selected The two may Individual members may bo golden apple ot diacotd enactment of salutary motion of public UThotailV can contemplate such a state of tbioja without tumbling for the consequenceji upon the purity of the legislative dejtaflr ment of this 1 if ltr possibly for this substitute to be ado1 the dangerous feature to which called your attention ought certainly er to recieve the sanction of this boor the honorable Senator from told the itta speech delivered here foij the Bank of the United only inflicted distress upon the with tha obvious design of controlling your was thto catie ousXat this that whatever tnayx hovo caused the suspension of spe cie in AJay no pressure nowexists i to justify the continuance of the Tho design is to control your In sijS 1 heard that sqms of the jug now refusa to unite in the resumption of specie determined to that til tliey the government self from the banks as its fiscal age and depositories must acquit the ban1 in the city pf New Tfork purposf thgy determined to mains ta be wbethW Congress or the Legislatures of are to be corrupted and driven in to base siirrendeF of Jie poUiieal its liberties and in tjthe hands of irresponsible banks t be must haye closed his eyes to j who has ed tho fearful strides of mpoajj dominion over the whole the He mustliaye been pu who has not seen ia obtaining lions to honorable iast a msasttreriqtended to amtipn of aod and the protection of front the ui the vboaopble puaator 1 ijity and drawn into ao a of the firmness to banks have far as they have been by their owa improvi their nvidity for and their anxiety to by this 00 tern put on ewilo of the pjceieat not The   

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