Delaware State journal, advertiser and star. [volume] (Wilmington, Del.) 1832-1833, 1833-09-27

agent, tndt the OdnkS winch he mas con-
suited have, in general, consented to per-
form the service on these terms, and
that those in New York have further
agreed to make payments in London
without other charge than the mere cost
of the bills of exchange.
Ii should also be enjoined upon any
Banks which may be employed, that it
will be expected Of them to facilitate do
mestic exchanges for the benefit ofinter-
nal commerce, to grant all reasonable
facilities Il the payers of the revenue; to
exercise the utmost liberaiity towards the
other State banks; and do nothing USE
1essly to embarrass the Bank ofthe United
States.
AS one Of the most serious objections
to the Bank Of the United States, is the
power which it concentrates, care must
be taken in finding other agents for the
service Of the Treasury, not to raise up
another power equally formidable. Al
though it would probably be impossible
to produce such result by any organi-
cation of the State Banks which could
be devised-yet it is desirable to avoid
even the appearance. To this end it
would be expedient to assume no more
power over them, and interfere no more
in their affairs, than might be absolutely
necessary to the security of the public
deposites, and the faithful performance
of their duties as agents Of the Treasury.
Any interference by them in the political
contests of the country, with view to
influence elections. ought, in tho opinion
of the President, to be followed by an
immediate discharge from the public
service.
1t is the desire of the President that
the control ofthe Banks and the curren-
cy shall as far as possible be entirely
separated from the political power of the
country, as well as wrested from all in
stitution which has already attempted to
subject the Government to its will. In
his opinion the action of the General
Government on this subject, ought not
to extend beyond the grant in the Con-
stitution, which only authorizes Congress
..to coin money and regulate the value
thereof" all else belongs to the States
and the people, and must De regulated
by public opinion and the interests Of
trade.
In conclusion, the President must b.
permitted to remark that he looks upon
the pending question as of higher con-
sideration than the mere transfer of a sum
of money from one bank to another. Its
decision may affect the character of our
Government for ages to come. Should
the Bank be suffered longer to use the
public moneys, in the accomplishment
Of its purposes, with the proofs of its
faithlcssnes and corruption before our
eyes, the patriotic among our citizens
will despair of success in struggling
against its power; and we shall be respon-
sible for entailing it upon our country
forever. Viewing it as a question OF
transcendant Importance, both in the
principles and consequences it involves,
the President could not, in justice to the
responsibility which he owes to the coun.
try, refrain from pressing upon the Sec
rotary of the Treasury his view Of the
considerations, which impel to imme-
diate action. Upon him has been devol-
we'd, by the Constitution and the suffra
ges Of the American people, the duty o.
the Executive Departments Of the Gov
eminent, and seeing that the laws are
faithfully executed. In the performance
of this high trust, it is his undoubtct
right to express to those whom the law:
and his own choice have made his asso
ciates in the administration of the Gov
eminent, his opinion Of their duties un
der circumstances as they arise. 1t Il
this right which he now exercises. Fa
be it from him to expect or require tina
any member Of the Cabinet should, a
his request, order, or dictation, do an
act which he believes unlawful, or in hi
conscience condemns. From them, ant
from his fellow-citizens in general h
desires only tlat aid and support whic
their reason approves and their cor
science sanctions.
In the remarks he has made on thi
all-important question, he trusts tn
Secretary of the Treasury will see onl
the frank and respectful declarations {
the opinions which the President ha
formed on measure Of great nationa, IL
terests, deeply affecting the charac'f
and usefulness Of his administration; an
Il not spirit of dictation, which the FRI
sident would be as careful to avoid.
\ ready to resist. Happy will he be,
The facts now disclosed produce unifo
nifty of opinion and unity OF actit
among the members Of the admlnistr
ton.
The President again repeats that
L beps his Cabinet to consider the prop
n sed measure as his own, in the suppo
n of which he shall require no one OF the
/ 40 make a sacrifice of opinion or prime
81 ple. Its responsibility has been assume
1 AFTER the mos; mature dellhcration al
< reflection, as necessary to preserve u
\ morals Of the people, the freedom OF II
Z rrcss. and the purity OF the elective fra