Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1833-09-24

OPINION tne action OF inc Oeuetdt UuSetnucut
Oh this subject, ought not to extend beyond the
grant in the Constitution, which only authorizes
Congress "to coin money aud regulate the value
thereof.' All else belongs to the States and the
people, and must be regulated BY public opinion
and the interests Of trade.
In consIssion, the President must be permit,
ted to remark that he looks upon the pending
question 40 of higher consideration than the mere
transfer Of 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 mo-
neys, 10 the accomplishment Of its purposes. with
the proofs Of its fathlessness and corruption be-
foreiour eyes, patriotic men among our citizens will
despair Of success in struggling against its pow
er; and we shall be responsible for entailing it up
on our country forever. asYiewing 1t as ques-
ton Of transcendent importance, both in the
principles and consequences it involves. the
President could not, in justice to the responsible
ity which he owes to the country, refrain from
pressing upon the Secretary Of the Treasury his
view OF the considerations which impe to imme.
diate action. Upon him has been devoved by
the constitution and the sufrases Of the Ameri.
can people, the duty Of experimenting the ope.
ration Of 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 undoubted right to express to those whom
the laws and his own choice have made his assO
eiates in the administration Of the Government,
his opinion Of their duties under circumstances
as they arise. 1t is this right which he now ex-
ercses. Far be it from him to expect or require,
that any member Of the Cabinet should, at his re-
quest. order or dictation, do any act which he be.
lieves unlawful, or in his conscience condemns
From them, and from his fellow citizens in gene.
raj, he desires only that aid and support which
their reason approves and their conscience sane.
tiOns.
In the remarks he has made on this all impor.
tant question, he trusts the Secretary OF the Ire.
sury will see only the frank. respectful decara-
tioDs OF the opinions which the President has
formed on a measure Of great national interest,
deeply affecting the character aud usefulness OF
is administration; and not spirit ut dictation,
which the President would be as careful to avoid,
as ready to resist Happy will he be, il the
facts now disclosed produce uniformity OF OPT.
Mon and unity Of action among the members OF
the administration.
The President again repeats that he begs his
Cabinet to consider the proposed measure as his
own, in the support Of which he shall require no
one of them TO make sacrifice OF opinion or prin'
ciple Its responsibility has been assumed, alter
the most mature deliberation and reflection, as
necessary to preserve the morals OF the people,
the freedom Of the press, and the purity OF the
elective franchise, without which, all will unite
in saying that the blood aud treasure expended
by our forefathers in the establishment oil our
happy system of Government will have been vain
and fruilless. Under these convictions, he feels
that measure so important to the American Peo-
pie cannot be commen ced TOO soon; and he there
ic-e n,mes the first day of October next as Pc
Rod proper for the change Of the dcposites, or
sooner, provided the necessary arrangements
with the State Banks can be made.
ANDREW JACKSON.