Speech of the Hon. Henry Clay, On the Subject of the Removal of the Deposites, Delivered in the Senate of the United States, December 26, 30, 1833
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Now^ we all j know that a large and highly respectable I number of the people of the United States j have always entertained an opinion adverse to the bank on b;>(h grounds. ^ The Presi- dent continues: "^ such an institution is deejned essential to the fiscal operations of the Government, I submit to the wisdom of the Legislature whether a national one^ I founded upon the credit of the Government and its resources, might not be devised.'' : Here again the President, so far from ex- ' pressing ...an explicit opinion against all na- ' tionai banks, makes a hypothetical admis- sion of the utility of a bank, and distinctly . intimates the.practicability of devising (me on the basis of the credit and resources of I the Government.
! In his message of 1830, speaking of the [ bank, the President says: " Nothing has ss MR. CLAY'S SPEECH ON occurred to lessen, in any degiee, the dangers which many of our ciliiizens ap- preliend from that institution, as at pre- sent organized. In the spirit of iniprove- ment and compromise which distinguishes our country and its institutions, it becomes us to inquire wlieiher it be not possible to secure the advantages aftbrded by the pre- sent bank through the agency of a Bank of the United States, so modified in its princi- ples and structure as to obviate constitu- tional and other objections." Here, again, the President recites the apprehensions of '' many of our citizens," ratherlhan avows his opinion.
What to read after Speech of the Hon. Henry Clay, On the Subject of the Removal of the Deposites, Delivered in the Senate of the United States, December 26, 30, 1833?
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To quickly assess the difficulty of the text, read a short excerpt:
Now^ we all j know that a large and highly respectable I number of the people of the United States j have always entertained an opinion adverse to the bank on b;>(h grounds. ^ The Presi- dent continues: "^ such an institution is deejned essential to the fiscal operations of the Government, I submit to the wisdom of the Legislature whether a national one^ I founded upon the credit of the Government and its resources, might not be devised.'' : Here again the President, so far from ex- ' pressing ...an explicit opinion against all na- ' tionai banks, makes a hypothetical admis- sion of the utility of a bank, and distinctly . intimates the.practicability of devising (me on the basis of the credit and resources of I the Government.
! In his message of 1830, speaking of the [ bank, the President says: " Nothing has ss MR. CLAY'S SPEECH ON occurred to lessen, in any degiee, the dangers which many of our ciliiizens ap- preliend from that institution, as at pre- sent organized. In the spirit of iniprove- ment and compromise which distinguishes our country and its institutions, it becomes us to inquire wlieiher it be not possible to secure the advantages aftbrded by the pre- sent bank through the agency of a Bank of the United States, so modified in its princi- ples and structure as to obviate constitu- tional and other objections." Here, again, the President recites the apprehensions of '' many of our citizens," ratherlhan avows his opinion.
What to read after Speech of the Hon. Henry Clay, On the Subject of the Removal of the Deposites, Delivered in the Senate of the United States, December 26, 30, 1833?
You can find similar books in the "Read Also" column, or choose other free books by Clay, Henry, 1777-1852 to read onlineMoreLess
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