Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1832-07-26

served, that il he (Senator Benton) had
not been an errant coward, he would
have settled the dispute in a dlfierene
way. ". Y. Com. .1dp.
Extract of letter from Washington, dated
Monday morning.
UNITED STATES BANK.
The Senate resumed the conside ration
of the unfinished business, being the
bill to modify and continue the act to in
corporate the subscribers to the Bank OF
the United States
Mr. Benton then resumed his observa-
tons, charging the Bank with having
applied its means for the purpose OF opc-
rating on public opinion, and influencing
the votes of the people against General
Jackson; and reiterating the arguments
against the Bank which he had used
-during the progress of the bill. He de-
MED that the disasters Of the late war
were Justly attributable to tho want OF a
Bank, such as the present; and asserted
that the State banks had Impoverished
themselves by their efforts TO please the
army. He expressed his hopes that the
friends ofGeneral Jackson who had sup
ported the bank would be convinced, by
its conduct previous to next November,
that it was merely a political engine,
employed for the purpose of destroying
the election of Gen. Jackson. lie in
vited members to read the pamphlet Of
Sir Henry Parnell, against the Bank of
England; and recommending its sub
division. He asserted that the United
States Bank had uniformly refused TO
establish branch in Missouri, although
repeatedly solicited by the merchants,
until he had unmasked his opposition to
the Bank. He then went OF to quote
the language Of Sir William Pultney a
: gainst the Bank of England, in order to
justify, by his example, the use of the
word monopoly" by the President
The policy of permitting foreigners to
hold stock in the United States Bank, he
asserted to be distinct from that Of OBJ
tanning loans from foreigners for internal
Improvement; and declared it to be ex-
trcmely dangerous for foreigners to be
the brokers of the United States.
He considered that the parties having
charge Of this bank measure had acted
most disrespectfnlly to the Chief Magis-
trate, in not ascertaining his views and
submitting the matter to the Secretary
of the Treasury, within whose province
\ the subject more peculiarly lay, as it
was the right arm of Government. What
else could the country expect, but that
the Chief Magistrate would veto bill,
forced in such manner, and most pre-
maturely, upon the business Of the ma
ton. He had hoped, however, that the
Chief Magistrate, whose conduct he
maintained had been only influenced by
conscientious constitutional scruples,
would have been spared the comments
which had been made by honorable
Senators-most indecorous comments
particularly from the honorable Senator
from Kentucky. Had the Bank project
been submitted to the proper department,
as the bill to regulate the Tariff had
been, there might have been bill franz
ed to meet the views Of the Execu-
tive, sc.
Mr. Clay said that he had stated the
> fact that the resolutions, introduced at
an early period of the session on the sub
ect of the Tariff, were in the hand
> writing of the Secretary of the Treasury.
> That fact had now been admitted by tho
Senator from Missouri. He had scarce
ly expected such an admission. If tho
Senator from Missouri believed that his
: explanation had placed the Secretary
u rectus in curia, he was very willing to let
: him rest there.
. But the Senator from Missouri had
y , charged him with treating the President
u u with indecorum. He begged leave to
deny the charge. Whatever reasons he
might have had some years since for
2 : entertaining feelings of an unfricndy
character towards that officer, arising
out of circumstances which had now
c gone by, ever sirce his election, in all
! his official course towards the President,
:. . he had avoided every thing like in
II decorum. He did not therefore feel
. himself open to the charge which the
;" Senator from Missouri had now preferred
c. o against him. In his remarks on tke
II message accompanying the Bill, he had
" indulged that freedom which should al
- ways characterize the discussion Of i'm
:" portant questions in this body. He had
,, commented upon it as n sense of duty
=, required him to comment upon the
- various views and important principles
% which it embodied. But there was nc
!. indecorum in his observations, or in the
" tone in which they were Delivered
- But If he were even TO be satisfied thai
y he was ignorant Of the rules of dccorum
u the Senator from Missouri was the ms
,o =, source to which he would apply for les.
- sons. He would never 60 to the Sena
ih tor and oalx hin, IN tbrow or HE India,