Staunton spectator. [volume] (Staunton, Va.) 182?-183?, 1832-01-13

4
Priety be acted upon to denounce to
congress as sort of nuisance, and
consign, as far as his influence extends,
/ to immediate destruction.
! For this denunciation no rretext OF
any adequate motive is assigned. At q
time when the institution is known to all
to be in the most efficient and prosper
Gus state-tc be doing all that any Bank
ever did or can do, we are briefly told in
ten words. that it has not effected the OBJ
Jrcts for which it was instituted, 81 must
be abolished. Another institution is re-
commended as substitute, which so
tar as the description given Of it can be
understood, would be no better than a
machine in the hands of the Govern
ment for fabricating and issuing paper
money without check or responsibility.
In his recent message to Congress, the
President declares, for the third time,
bis opinion on these subjects in the same
concise andauthoritative style as before,
and intimates that he shall consider his
reelection as an expression ofthe opin-
ion ofthe people that they ought to be
acted on. If, therefore, the President
be reelected, it may be considered GER
tain that the Bank will be abolished, and
The institution which he has recommend
ed, or something like it, substituted in
its place.
Are the people of the United States
prepared for this? Are they ready to
destroy one of their most valuable estab-
lishments to crafty the caprice of chief
Magistrate, who reasons and advises up
on subject, with the details of which
he is evidently unacquainted, in direct
contradiction to the opinions of his own
official counsellors Are the cultiva-
tors of the West, who find in the Bank
of the United States a never-failing
source of that CAPITAL, which is so es-
sentiaI to their prosperity, and which
they can get no where else, prepared to
lend their aid in drying up the fountain
OF their own prosperity? Is there any
class of the People or sections Of the I'm
ion so lost to every sentiment of COM
mon pruduce. so regardless ofall the prin-
ciples Of republican government as to
place inthe hands Of the Executive De-
partment the means of an irresponsible
and unlimited issue of paper money-in
other words, the means of corruption
without check or bounds? IF such be,
in fact, the wishes of the People, they
will act with consistency and propriety
III voting for General Jackson, as Presi-
dent of the United States for, by his re-
election all these DISASTROUS effects will
certainly be produced. He is fully and
three times over pledged TO the People
TO negative any bill that may be passed
for re-charteriag the Bank, and there
is little doubt that the additional influ-
ence which he would acquire by a re-
election, would be employed to carry
through Congress the extraordinary sub
sti,ute which he has repeatedly propes-
cd.
It may be said, indeed, that the Presi-
dents councillors do not agree with him
On this subject, and may perhaps over
rule his opinion before the time of faction
shall arrive. In his recent report to
Congress, the Seer etary of the Treasury
has, in fact, undertaken an apology for
the Bank, which, coming from him, can
be viewed III no other light than as
formal defence ofthat institution against
the attack made upon it by the Presi-
dent. although he concludes with the in
timatioD, that his views may be modifi-
ed i'll compliance with those of the Ex-
ecutive as if he were not himself the
head of the financial branch of that De-
partment. 1t is one of the singularities
oil our present political situation, that
while we are told on the one hand, by
the Presidents partizans, that his ac-
knowledged incapacity may and will be
remedied, by the employment Of an a.
bic Cabinet, we are now told, on the
other hand, by this liable Cabinet" that
they cannot control the Presidents con-
duct, g. that their sounder notions must
be modified so as to meet the views of
the Executive. In what we are apt to
consider as the corrupt and servile Courts
of Europe, Cabinet Minister who can
not prevail upon the Executive" from
whom he holds his commission to adopt
his views. resigns his commission. He
deems it improper to modify his opin-
ions, in order to suit them to the views
ofthe Executive-in other words, to
make himself responsible for scheme of
policy which he does not approve. But
surprising that the present Secretary Of
the Treasury, if continued in place,
would be able, when the time Of action
should arrive, to over.rule the Presi-
dents opinion, substitute his own views
for those Of the Executive. and stay this