Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1834-04-03

DaStIy sold Tor oflIce, the only mherI
tance that he may have to leave 10 hi
( children, the unblemished integrity o
their father. II It does not become tn,
unders gned to treat with disrespect the
) decision Of the last Congress, why shoul'
: he refuse to await the interference Of the
next? Any proceeding now, especially
~ the absence of adequate reasons. .woulC
seem to arise from an apprehension, thai
the representatives Of the People arc in
competent or corruptible- that the
People themselves are incapable o: pre-
serving the institutions Of their country,
, IN the event Of a general dcpravlty OF
their agents. The undersigned is not
willing, by an act on his part, to give
sanction to heresies, as groundlesS in
themselves, as they are pernicious in
their tendencies; he would despair of all
that is calculated to cheer and exalt man
kind, if he could fancy that his act, or
the act Of any man, even if endowed
with intellect, or crowned with glory,
were essentially necessary to save the
People from themselves. lie cannot
have the arrogance TO think, or to give
color of conjecture, that he thinks that
he can save the Republic, or that, with
out him, it would be lost. 1t is his duty
on the contrary, to follow the Presidents
own example, who instead of proceed
ing, as he mig ht have done, by scire td-
cidS, against the Bank, waited until the
representatives oithc People assembled,
and submitted his complaint to them
In the absence of peril, the undersigned
does not consider it his duty to torcstall
the opinion OF Congress. litherc is Just
ground for complaint, it is consistent
with our love of our institutions, and our
jealousy Of their purity, TO believe that
an inquiry, If made, will be fairly con-
ductcd; and that the Representatives Of
the People will act, in consonance with
their duty to Heaven, their country, and
themselves.
/ But, If, contrary to the lessons of eX-
pcrlcnce, the representatives. Of the Peo-
pie should be iaIthless, the bare sugges-
tlon of which the undersigned regrets to
utter, the People have the inclination, as
well as the power, 10 change them, and
to annul any act, that may have been
the progeny Of fraud or corruption.-.
Have they Eot the inclination, as well as
the power? not, then the boasted eY-
celence Of our institutions must be
phantom But, if it is substance and
not shadow, as the undersigned thinks
il Is, it does not become him, vt least, to
decide upon supposed imperiection, and
substitute means justihabe only in an
insurrecton or siege.
With great Difference, therefore, for
the Presidents opinions, the undersigned
needless to adopt the proposed measure
at this time. 4
'. But, suppose, that the undersi ign-
ed had reasons, to submit to Congress,to
show, that the measure was not arbitra-
ry or needless, ought the substitutes for
the present fiscal depository to be accep- I
ted? The undersigned respectfully con
ceives that he has not authority, and
that it would be unwise, TO adopt the
scheme proposed. Undoubtedly, if the
were to cease to deposite
he public money in the Bank Of the u. 4
States, it would be his duty to direct lis =
lepositc to the credit of the Treasurer,
in some safe place. But, at the thres-
lold he is met with the question, what
H.uld be a safe place? Does it become
lm to Judge OF the soidity Of an inSttu-
ion by hearsay' But, even he chose :
o take that responsibility, has he any
light to 60 further! the p an suggested
~ the President, proposes contract
With divers Banks, according to which q
erain service is to be rendered by one I
'arty, for the privilege of trading upon a
he money olthe other. Il
Has the undersigned authority to Gre Il
tc sort of charteri Has he n right, in T.
ny way, or for any time, TO bind the
J. States Have the local banks any o
ight to bind themselves? lfthey have, S
,hat is the security, and who is the II
ndgc of it Has the undersigned a Il
ight to contract, that certain banks may Il
ontract, with other banks, unknown to /
i'm? Has the undersigned any right, or Il
ii discreet, 10 leave to any agent the q
ght to decide, IN the course of two RI
,onths, upon the condition of all .he n
anks, that may be necessary for the OPP Ii
ratioDs of government II there is no 81
Nv, granting powers needlul IN doubt IT
u cases, can the undersigned discreet
take them OH his own responsibility 7 Ia
an it be, for one moment, iancled, that W
rsldcs the summary power to take a bl
ay, the legislative power to authorize th
disposition of the public money, was b;
inferred upon the Undersigned; Is tito lll
, believed, that section OF charter, L
,viously meant Tor extreme cases only, dc
the Undersigned, IN the alb "
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