Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1829-12-15
4segJssea0se5 @Sa a5sM~
TUESDAY MORNING, DEC. Is, 1929.
Presidents .NeSsqge--U. S. i5ank--Sjgns of N,
Times

pre- until the year 1856. They are perhaps not
equally appraised however that before the mee;nr Of
congress, aid oil course before the Message was nab
tShed certain u.inots l,erropatories appeared in
the New Iork Courier aud En1uirer obviously de
Signed to SOUND public opinion ON the same sib;ec;
Dir. Nuah one OF the Editors o. t:,ut paper is The we'll
kno~n n''nlon OF Mr.. yan Buren,, ana lives ON the
Puoic CRIB, as reward for political sab.cryiecv to
'ie tune OF about 5000 dollars and upwards Hear
him!
Cannot the Government manarci its concerns n wv
tha there arc loans and very ltie debt left 10
%thOus The aid OF this Bank
Wan the different Suites, through their represen
tatives be of opinion that the protection due to .e
States Banks'
Win sundry Banks throughout the Union take
measures TO satisfy tue General ,vernmemt of their
sSiey IN receiving deposits of he revenue and trans
acting the banking concerns of the United States"
Wili the legislatures of he several States adop,
RESOLUTIONS on the subject, and instruct their Sem
tors how vote?"
'Wii proposition be made to authorize the CIV
ennentto issue Exchequer Bills to the amount of the
ANIMAL revenue redecmabe at pleasure, constitute
circulating medium equivalent 10 the notes issued
by the United States Bank"
The Presidents Message intimates clearly the opin
ion that the United States Bank is both nexpedient
and unconstitutional, and as substitute the
establishment Of National Exclequer to be under
the immediate control OF the Government. The pub
!ic will doubtless be struck with the remarkable coin
cdence between the sentiments of the Messn and
those OF the Editor OF the Courier & Enquirer No
one will believe that the President received his cue
from Mr. Noa, and no one can doub, that fh,. Ed
tor Of the New York paper previously advised of
the Presidents views and Instructed 20 break ground
On the subject; and dull must be the optics VIC think
wh.ca &C not perceive 10 this FIRST &C series otfnoye
nents, on the same st;pJect, The finger of master
magician. We well know who the particular asso
ciates OF Me- Secretary Van Buren, were when he did
our city the honor ola visit in November last and we
Iso know hsw congenal the views of those associates
are with the sentiments of the Message respecting the
y, > Bank. The question of renewing the charter
e. the Bank of Virginia. will ere long come before the
Legislature of the State and no argument could be
tronger to sustain the application for renewal than
le prospect which is held from the hgi est
lauthority of dem olishing the U. S. Bank.
But we doubt not that the Homo able Sccretary's
Syews take much wider range than the mere pnrso-
nal benefit OF some OF his good friends in Richmond.
III IS matter of history that the present U S Bank
A'as the favorte banng of Vice President Calhoun
u brought 1t into being and sustained it triumphant
IS yrdst the violent assaults Of IT'S enemies. He can
~ now be guilty of so wanon and unnatural crime
as the abandonment of his own offspring Here
thea IS fine opportunity for Gripping dreaded an
sage, ast, and if we do not much m stake the resi-
deg s premier will not be sIothfu in improving it
In his contest we shall be surprised at the ready
ooe dence which our neighbor of the Enquirer will
TcS der TO this ministerial mandate We tell the pco-
~ Of Virginia with the carlessness of free press
at the Editor Of that print is bound hand and foot to
&c footstoo of AIr Secretary Van Buren,, and we viii
'Feit all claim whatever political foresight if fu-
'tnre events do not fully sustain the assertion What
shall we cay Of the manliness and independence OF the
Enquirer, when 1t passes over with fusome applause
'ls proposal to destroy the IT, s. Bank and to suls,;
tute IN Its place National Bark? Mark reader!
Inc question Is not merely, slEll the u. S. Bank be
put down for in this the Enquirer would be too con>is-
tent with itseIfto be ISe but to substitute for this
lsahk which is only partially under the influence Of
re General Government, one which shall be excu
tlvejy controlled by Presidential patronage-thus in
creasing vastly one of the strongest objections Of
Firginas ablest and best politicians.
While on this branch Of the Message we cannot
refrain from upon the assertion in the Presi-
dents Message, that he U. S. Bank aLas failed in
the great end of establishing a uniform md sound
currency" Is-not.thiS assertion known to the whole
nation to be untrueo Has rot the .. S Bank elFcc-
ted all III this particular. that any man who knows any
thing OF the commerce exchange Of this country
could or did expect Let any man contrast The pre-
sent rates of exchange between fceote sections of
the country which IS from / to per cent with what
they were before the United States Bank was esta-
o'ishedi let him compare the facilities with which &c
H'taHces may now be made to any part Of the Union
VIII The difficulties and losscs experienced prior to
that period and then say if the United States Bauk
has failed IN this great end But we did not dcsrrn
defence Of the u S. Bank
President Jackson in his Inaugural Speech prom
isod the nation that Washington should be- one IF
bis political guide, and Mr. Secretary Van Buren,
echoed the sentiment in his answer 10 the Nev,
York Committee, when comrlimonting him on his an
pointmen to the cabinet. Did Washington pronounce
the old n s. RnnL innxrnd.nrt cr IL L. -. -