The Madisonian. [volume] (Washington City [D.C.]) 1837-1845, 1841-08-14

should soon complain of the ocean for furnishing
facilities of inter accommodation between distant ma
tions of the ships which bear the rich ffeghts of
industry from to distant lands as TO complain
Of any other agent employ ed in furnishing similar ia
ciles to the exchanges of the country. Nor am
insensble the beneficial influences has had over the
currency of the country; but oppose il because it is
unconstitutional, and that is reason enough If the
Constitution authorized its creation no man. with the
experience of the past could well doubt the protriety
of well-regulated and elguarded bank, due refe-
renee being had to the condition of the banking sys-
tenn but no benefit, however great should lead us to
make an inroad on the Constitution except by amend
ment in the manner pointed out by that instrument
Although no system resting on the State banks for
its execution can be well executed as through the
agency of the United States Bank, yet, sir would
prefer to rest on them to acting without constitutional
sanction. If my opinion could have any influence
over the country my advice would be- restore the de-
posts and amend the Constitution. Such amend
ment Is called for by numerous considerations This
contest has continued long enough its agitation has
failed to produce disastrous results; whatever
affects the currency affects every interest Of society
Why shall this dispute be periodically continued let
it be settled in one way the other by the States
and settled permanently. The question of bank or
no bank has been always made a political stepping
sone-ambition seeks vault into the Presidential
saddle through It's influence Sir, it is the last sub
;ect which ought to be handed over to politicians
there too much Of distress producedby its agitation
the interests Of the country too nearly connected
with the currency to be eternay made the subject of
political speculations Another happy consequence
would result peace and tranquility would be impart-
ed to the public mind particularly the South That
region can never acknowledge aha mere majority
principle in this Government-that principle which
may al its pleasure elevate expectancy above the Con-
stitution Other reasons equally powerful will DO
found to operate when this subject comes to be exam
ined. Sir, no injury can accrue by submitting the
question to the States. Such States as already con-
slider the power legitimate might adopt amendments,
with declarations to that effect in spirit Of harmony
and Cancellation"
If we add to the history, what we stated some
time ago, that Mr.. TYLER has always been con-
sistent in his political conduct, and firm in his
purposes, the reader will be able to form an OPT
MON as to the probable result of his action upon
the measure before him, which will be as truth
full and useful for all PRACTICAL purposes, as
though he were looking into the secret thoughts
of the President himself If our friends can
peruse the history Of Mr.. TYLER's opinions,
which half century has strengthened and ma
tured, and then find in their hearts no charity
even for his apprehended course, they are less
reasonable, less tolerant, less kind, than we have
taken them to be. ..r.
We are among those who feel the necessity Of
an improvement in the finances and currency of
the country, and are willing to contribute to it
but we cannot share in that spirit which declares
that this particular mode shall be adopted, or
none shall be attempted. Nor do we appreciate
this identical measure SO highly, as to place it
at the head of all the important laws and inte-
rests Of the country, or even to think that its
present failure will furnish sufficient cause for
a general explosion of parties. A party that
must split asunder upon the details Of single
bill, cannot often expect to be in power, nor long
hope to possess it when attained.