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Letter to Editor
January 29, 1834
Alexandria Gazette
Alexandria, Alexandria County, District Of Columbia
What is this article about?
A Washington correspondent shares the substance of Col. White of Florida's Supreme Court argument on whether state banks effectively nullify the U.S. Constitution's prohibition on states emitting bills of credit, amid tensions between state and federal governments. The newspaper plans to publish the full argument soon.
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Letter from a Correspondent at Washington.
"As every thing which relates to Banks and Banking is a matter of peculiar interest at this moment to the American people, and especially to those of our commercial emporium, I have procured the substance of an argument of Col. White of Florida, in the Supreme Court, upon a question now depending. The question is one of great magnitude and solicitude, as it relates to the contested rights of the State and Federal Governments. It is hoped that this enlightened tribunal will settle some salutary principles in this case."
We are indebted to a friend for the argument in question, and will publish it at an early day. The point in issue is no less than whether the States have a right by the creation of State Banks, to nullify, in effect, the provision in the Constitution of the United States prohibiting each State from emitting "bills of credit."
N. Y. Amer.
"As every thing which relates to Banks and Banking is a matter of peculiar interest at this moment to the American people, and especially to those of our commercial emporium, I have procured the substance of an argument of Col. White of Florida, in the Supreme Court, upon a question now depending. The question is one of great magnitude and solicitude, as it relates to the contested rights of the State and Federal Governments. It is hoped that this enlightened tribunal will settle some salutary principles in this case."
We are indebted to a friend for the argument in question, and will publish it at an early day. The point in issue is no less than whether the States have a right by the creation of State Banks, to nullify, in effect, the provision in the Constitution of the United States prohibiting each State from emitting "bills of credit."
N. Y. Amer.
What sub-type of article is it?
Informative
Political
What themes does it cover?
Constitutional Rights
Economic Policy
What keywords are associated?
Supreme Court
State Banks
Bills Of Credit
Constitutional Prohibition
Federal Vs State Rights
Banking Argument
What entities or persons were involved?
Correspondent At Washington
Letter to Editor Details
Author
Correspondent At Washington
Main Argument
states should not have the right through creating state banks to effectively nullify the constitutional prohibition on emitting bills of credit, as this contests state and federal government rights; hopes the supreme court will establish salutary principles.
Notable Details
Argument Of Col. White Of Florida
Question Now Depending In Supreme Court
Relates To Contested Rights Of State And Federal Governments