Liberty advocate. [volume] (Liberty, Miss.) 1835-1866, 1837-10-31
THE PRESIDENTS MESSAGE.--No.

THE PRESIDENTS MESSAGE.--No' 4.
The message is quite brlet on the sub
iect Of the deposite banks, to winch me
public moneys were transferred from the
Bank of the United States. 1t is subject
on which the President does not delight
~ dwell. The removal Of the deposltes,
ordered by his predecessor, and advocated
nv himself, has proved a notifying fall
ure, and is seen by all parties to be an un-
wise and injurious measure, as well as an
arbitrary act. The iavorite deposlte banks
have completely disappointed their pa
irons; and have wide range OF remark
in the message, to show that no bank ough'
10 be trusted with the public moneys. The
Bank Of the United States never dlsap'
pointed the Government; but Mr.. Var
Buren, endeavors to counterfeit the iniiu
ence of this fact, by aninndvertlng upor
its falling to operate on all occasions, as
check upon the improvldence Of other in
s,itutions Ii must indeed have been ON
nipotent 10 have mad such controlling IN
Auence under the most adverse crcum
stances of the times, and when the who'll
administration. and every administrator
press in the country, were impeachng lt'
character, and warning against It's exist
ence.
"To create IA national Bank, (says Nj
Van BUREN, as fiscal agent, would be t
disregard the popular will, twice solemn
and unequivocaiIy expressed" He allude
here, it is presumed, to his own election
and the last election Of his predecessor
both of whom had previously declare
their hostility to national bank. but
think he greatly mistakes the fact. Ger
eral Jackson was elected from persona
partiaIty, on account of his military repl
tation, irrespective of his politics, onl
that he was called republican; and M
Van Buren, was elected because he wa
known 10 be the choice of General Jacl
son. Had both Of them been in favor of
national bank. they would not have g
. one vote the less on that account. 1t
admitted that the feelings of many hay
been excited against such bank, BY the'
two personages, and by the presses whlc
espouse their cause; but do not belieN
that the great body Of the people hay
ever yet deliberated on the subject; ar
there are many of them even among Il
warm friends of Genera! jackson, who
course voted for Mr.. Van Buren,, tn
would gladly see national bank again
existence, to improve, if not entirely r
store, the currency Of the country.
The popular feeling against a marion
bank, whatever may be its extent, " pol
tica and fictitious, and mainly the resu
of party spirit and misrepresentation,
is easy to excite odium against monled
situations, and the inclination has not DC,
wanting to represent the late Bank OF y
United States as an aristocratlc corpor
ton, having an interest opposed to that
the people, and possessing principles al
influence dangerous 10 the freedom OF !
nation Such allegations have often be-
made, but never proved, nor even sho'
TO be reasonable. never knew the pc
tics, nor the persons nor the characters
the directors and stockholders Of that
stitution; but do know why and how
originated. Seeing nothing in all the d
putes (which cannot call discusslons)
this subject, that refer to the origin OF tn
bank, will state substantially and &C
'ciseIy the facts which suggested Its lns