Speech of Hon M Russell Thayer of Pensylvania in the House of Representat
Speech of Hon M Russell Thayer of Pensylvania in the House of Representat
M Russell Martin Russell Thayer
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It might be illustrated by reference ' to the opposition which has been made to other measures of great importance, especially by that made to the national currency bill, which many intelligent gentlemen on this side of the House refused to support unless the capital of the national banks should be sub- jected to State taxation, which, to say nothing of the inequality which such a provision would introduce, would place the very existence of institutions created by the national Legislature and i...ntended to be entirely under its control and regulation at the mercy of political parties in thirty-four different Legislatures. Indeed, scarcely any national measure of importance can be started liere that is not des- tined to be fatally crippled in its usefulness or absolutely turned into stone by this Medusa's head. The cry of centralization and consol- idation is raised bj' shallow minds against everything of an exclu- sively national character which originates here. From a certain school of theorists and politicians this is to be expected.
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