The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1832-10-16

nn.n.ss1un..a..eznay.z1ll
rights Of the Ststess This, il an sl.s
President required ID hb mAch. sbrssd
Message in which the obnox xiuus and un-
constitutional features ofths act reehar-
tering the Bank. are pointed out US. vivid
ly as if written With sunbeam. The
President remarks on the law submitted
for ins approval, call The objectionable
principles oi the existing corporation.
nnd most Of its odions features, are re-
tained without sIlrsiatiopi' to which Mr.
Webster responds, these objections ex-
listed in their full strength, whatever that
was, against the FIRST tsnk." Now all
this is true. the lapse ofa few years ef-
fects not in the smslIest degree. the
principle and we accordingly find that
the original charter was opposed in
Gen. Washington's cabinet in the ratio
If two to one. "The Secretary Of State
(Mr. Jeffsrson) and the Attorney Gem
sraI lMr. Randolph) conceived that
Congress hal clearly ytranseendsd their con-
stifutional po1srs." Gen. Hamilton was
the solitary individual Of that cabinet
who maintained the "l'posito opinion,
aud highly as we nny think of him IN
other respects we, cannot help saying
that his attachment to the institutions
of the BRITISH Government Ia which he
wished Ia assiniilate our own, his we'll
know bias To aristocraticMI If nor TO
mon rchicnI principles, and his latitude
marian construction df the constitution,
were probably the component parts
which made up that opinion. In The
House of Representatives of that day,
the constitu,ionaIity of the hank rs
chartered by the net, wns vehsmently
denied on strong democratic grounds,
by such Fathers Of the political church
ns Mr.. Madison aud Gov. Giles. Here
we have an array of great men (whusr
orthodoxy will not he impenched by the
country, however it may be by Mr..
Websier) who stood shoulder tn shoulder
To oppose The torrent which they verify
believed if suffered to fake its course
would eventually over~hrIm the country.
And had they not reason I Were they
no; right Do We not see at this very
momemt this inunstrous engine nj work,
controlling elections, shackeling the
press, and grinding the people Again
in more modern times, when the present
chnrtpr was on the tnpis. VIC have the
authority Of Mr. Clay who announced
his CONVICTION that IL created monopoly
incompatible with the principles of free
government. Now however lightly We
may esteem The sentiments Of ST. vacciIi-
nting a politician, we should suppose
they would command great attention
and respect from Mr.. Webster; but no
such thing! When their seniiments do
mol happen to coincide, or when one of
them for reasons best known l.. himself,
chooses TO alter his opinion, he receives
no more quarter than tie President.
This Law-giant gives him the negative
hatly, and says that '.ihe ipowers con
ierreS on.iIle Bank, constitute no mo-
nnpolv % But we have tired ourselves.
and we fenr our readers TO boo, ih this
discussion. Suffice il To say oft this spar
Mobile fratrum" that hnring eaten Of the
fat and drank Of the ssoeef, they nre both
perfectly convinced that the bank as nop
constituted is an ezesl2ent thing for them,
~hnteser j, may be for the country.
When the act rechertering this Bank
was presented to the President, he was
obliged to do one Of two tliings-ei,her
to sign it with all It's imperiec,ion ~, It's
head, and thereby give the lie To all his
former convictions and declarations; or
To reject it with full knowledge AZ the
time that he was placing in the hands Of his
enemies a weapon oftrsnsndpus .wwer,
to be welded against himself and with
an energy that despair alone can. give.
He nohIy chose the latter, and the blows
have followed thick and fast with u reck-
lessness worthy Of the hands that dealt
lheIn, and a vindictiysuess remorselsss
!, sl,.. <xr..v.. III