Argument in the Case of the State Vs, the Bank of South Carolina

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Excerpt from Argument in the Case of the State Vs, the Bank of South Carolina: Scire Facias to Repeal a Charter for Misuser in Suspending Specie Payments, May Term, 1843It was from our confidence in the independence of this court, that the defendant appealed to the laws of the land for protection, when our State resounded with clamor against these institutions. Your Honors will remember by what a fierce shout of indigna tion it was followed. At that time the hustings - the legislative hall - and even the court house - the sacred temple of solemn, so ber, meditative, justice - were the theatres of vehement denuncia tions against moneyed monopolies, and the loud applause of the admiring crowd rewarded the enunciation of these doctrines. Then, to doubt the infallibility of the legislature, an infallibility contrary to experience, and arrogant in assumption, as that once claimed by the papal power, was to be damned in the estimation of the multi tude. Then, however, as now, the counsel for the banks believed that the true course was to appeal from the legislature to the tri bunal appointed by the constitution to revise its acts. We did ap peal. W'e opposed doctrines that we believed to be revolutionary and destructive we invoked for our protection, and with success, a spirit more potent than ambition or party rage. I mean the spirit of the law - of that law which is the common right of all of us - which is inseparably implicated with our constitution, and Whose principles have been the sure defence of liberty in all times.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.