The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1837-05-19

- - N0AAn10A - INC orpO1tt0rA on NE
public moneys. II was not. therefore,
b. any proceeding consistent wiIh the
spirit Of the Constitution Iii was BY no
action Of the Peoples Representatiyes-
that the Presidents emily became efree-
i've IN the manner which, a the end Of
his " experiment," has led 70 the present
disastrous state Of things.
Failing with Congress. il Was then
that Il became necessary, for the purpose
Of enabling the faction that ruled the Pre-
sident 70 effect their vindictise and cor
upi purposes in regard 10 the Bank. 10
enunciaie new principle in government;
principle al least wholly foreign 10 the
theory and practice Of our Democratic
Republican Government. We find il
first embodied in the celebrated Paper
" read 10 the Cabinet on the 18Th Sep
iember, 1892" II was this: that the re-
election Of the President is a decision
Of the People in favor OF any opinion
that he happens ever 10 have expressed!
" Whatever may be the opinion Of 9th
ers," says this document, a. the Presi-
dent considers his reelection as deci-
sion Of the People against the Bank"
II was hut the other day that the official
paper found parallel IA parallel, howey-
er, Of which the lines disergc AT almost
right angles, for the conduct of General
Jackson in that Of Louis Philippe, the
present King Of France. II is only in
the reign Of a former Monarch Of Eng
land, that We find parallel for that he
resy Of our own ruler which was the
foundation Of L" the Experiment" II
was the first Of the Suarts. renowned for
his high-handed encroachments upon
public liberty, who maintained that ~
his aeessSioa 10 the crOmn tof England
the war between Spain and England was
at an end, because he, before his Access
sion, had been on good terms with the
King Of that country. just in the same
manner as James |. claimed his accession
10 the crown 10 have reversed a former
solemn decision Of his Government, so
did General Jackson claim that his tiec-
fion TO the Presidency was a determine
ton Of the People against decision rem
dered twice successfully by the Repre-
senlaiiyes Of the People in Congress.
This was the great fundamental error,
the wholly groundless assumption upon
which the late President proceeded when
he began "the Experiment" under the
effects Of which the whole nation is
groanIng.
The second point in the history Of this
political usurpaiion is the device by which
the late President undertook To get round
the law which interposcd an insuperable
obstacle to his perserse will. The OBJ
siacle to which we refer may be stated in
his own words, as they may be found in
the "paper" above referred to. " he
power Of the Secretary Of the Treasury
over the deposites is unqualified" oi
course, it was exclusive. The power
which the law had ungualifediy given
to the Secretary Of the Treasury, it had
nor given to the President of the United
States, or to any body else. The Secre-
tary Of the Treasury, acting upon his
oath, and upon his conscience, as IN ho-
nest man, declined to remove the depo'
sites. for reasons which no man has evel
pretended To answer, or even can an
swer. The President. resolved in his
purpose TO do wrong, removed this faith
| ful public officer, and put in his place
one whom he had selected, from known
J conformity to his views, to DO what the
removed Secretary ofihe Treasury woult
no, do. In acting thus, the Presiden
nude the Law bend to his will, instead q
bending his will to the law. as was hi
duiv a. a good citizen For his first as.
sumption Of a new principle in govern
ment we have found something like ;
precedent in the history of modern Eu
: rope. For this last device Of Presiden
Jackson we can find a warrant in thu
history Of ancient republics. II is relat
ell of pericles. that he was advised b.
, one Of the l.acedemonian ambassadors
. as means of evading the prohibition
against taking array the tablet whereof
law was inscribed, only 10 turn II orer
forasmuch as this was not prohibited
The Secretary of the Treasury alon
having the power to do the act desidera
r ted by the President, and refusing to d.
+, il. the President, being by his own &C
! acknowledgement forbidden TO do it, did tn
:, thing he was forbidden to do by nrnin
,, over the tablet; displaced the man VIII
: would not do what he had no right to OF
, der, and substituted for him the one VIII
would do it.
: These two encroachments upon oh
0 power Of Congress, and upon the pre-
i. scrip,ion Of the law, constitute The usu'
i, patton Of the Executive, To which alou
: is attributable the confusion which not
: reigns in all transactions of money, credi
A and trade, Throughout. The United States
# We certainly do not rejoice in this Of
+ portnnity If nlacin0 them hplnrp m