Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1841-09-09

Bank oi the United States. Il is a part Of the secret
hlsi Try connected with the fust bank. that Jas Mad.
lson had, At the instance Of General Washington.
prepared a vPto Tor him in the contingency of his
rejection OF the bill Thus stood james Madison,
when, IN 1915. he applied The veto to a bill to char
ter a bank upon considerations of expediency. bu,
win n clear and express admission Of tho existence
of a constitutional power in Congress to charter one.
Ia 1916. the bill which was then presented To him
being free from tho objections applicable to that Of
nc previous year. he sanctioned and signed IL. Did
James Madison surrender all claim % the respect
OF honprahhe men-all confidence ON the part Of the
feoplc-al sclfrespcct-all regard for moral and
religious ohligaiionsr Did the pure. the virtuous.
the gifted James Madison. by his sanction and sigma.
tnro 10 the charter Of the late Bank of the United
S'a'es' commit a crimo which jas'ly subjected HIM
"to the ridicule aud scorn of all yirunus mcnF'
Not only did the Precedent, as il respectfully mp
pears u me, state entirely too strongly the conse.
qucnccs Of hts approval OF the ball. but is he per.
iec'iy correct in treating the question. (as he seems
10 me To have dOnc) which he was called upon To
reeide. as presenting the sole alternative orhis d.
dect approval or rejection of the binl Was tho pre-
scrvaiiun and the consistency and the Conscience of
the President wholly ireconCilablc with the reSio-
ration IL the blCs ings of a sound currency. regular
and moderate exchanges, aud the revival of conf
dencc aud business which Congress believes will
be secured by a National Bank, Was there no al
tentative bat 10 prnlong the snfforings Of bleeding
10y - W eNANA - AA@ wv AkNl AC hlAlAiii-
isiraIiun Of the Executive Department ofIhe Gov
emmeai, during Inc last twelve years. tns sprung
most Of the public ills which hive afflicted tho Peo-
pie. Was il necessary that that source of suffering
should continue To operate, IN order 10 preserve the
conscience Of the President unviolaiedl Was that
the only sad and deplorable nltemativei think.
MIR President, there were other alternatives worthy
of the serious and patriotic consideration Of the Pre-
= sIdont. The bill might have become a law, in yir-
tue Of the provision which required its return with
! in ten days. II the Pre- sidenl had retained il three
o days longer, II vOnld have hecn a law, without his
: sanction AMI without his signature. In such a con-
G iingency, the President would nave remained pas.
c sivc, and would mol have been liable to any accusa.
c Iipn 0f having himself violated the Constitution -
e Az that cOuld have been Justly sail would he, tina,
he did not choose to throw himself in the way as IN
} obstacle TO the passage off measure indispensable
10 the prosperity of The nation. in the Judgment of
> the party which brought him into puwer, OF the
, Wing Congress which he first met, and, if pull,c
c fame speaks Iruc. of the Cabinet which the lamen
ted Harrison called around him. and which he vol.
7 unfairly continued. la on analogous case, Thomas
: MckeOn, when Governor of Pennsylvania, than
u Whom The Uniied States have produced but few
, men OF equal vigor OF mind and lrnncss of purpose.
permitted u bill 10 become a law, although, in his
opinion, IL was contrary To the Constitution Of that
Slate, And have heard and. from Inc croditable
nature Of the source, | am inclined 10 believe. al.
though ] will not vOuch for the fact, that. towards
ut ClOSc Of Tue Clarter al tnC tlTSt Bank of the tuI-
ted States during the second term Of Mr. jefferson.
~'ne consideration of the question oflhc renewal of
the charter was entertained, and that he expressed a
wish lhli, OF theclaricr were renewed, il might be
effected by the operation Of ten days provision, aud
his consistency thus preserved
u At were possible TO disinter Tho venerated re-
mains OF JJncs Madison. reanimaie his perishing
firm, and place bin once mCrc in that chair fstate
which he 50 much adorned, what would have. becn
hS course, II this bull had been presented To him,
even surprising him never 10 have announced his
acquiesccnce in the settled Judgment Of the naiionl
lie would have said, that hnmIn controversy in re-
gard 10 a single question shoald not no perpetual.
and ought 10 have u Iermin1tinn. This, aboni the
power To establish q Bank OF The United States, has
b cen long enough continued. The nation, under
all The forms of lis public action, has often and de-
hhcratcly decided IL. a Bank, aud a~SsocilIch fnan.
tcial AMI currency questions, which had long slept,
were revived an have divided the nation during
the last ten ycars Of ariuous aud bitter struggle; and
The panty which put down the Bank, ana Mi,;,I, oc-
clsioned all the disorders in our currency aud fnan.
ces' has iiseli been signally put down; Ivy one Of
those great moral and political revolutions which a
Tree ana patriotic People can bat seldom arouse IL.
sell 10 make. Human infallbiliiy has not been gnn.
ted by Godi and The chlngcs OF error are much crca.
ter on the side Of one man Than on that Of The m1iDr-
iy Of n whole People and their successive Lerisla.
lures during a long period Of lime. ! yield 10 the
irresistible force Of authority. I will not put myself
N opposition 10 a measure 40 i%mpcmliyely demanded
by tho public voice and 50 essential To elevate nv
depressed aud suffering counirymcn.
AM Why should not President Tyler have suffer.
Ell the bill 10 become n law without his sicnnturci
Without meaning tho slightest possible disrcspcct To
him. (%nuthing is further from my heart than the
exhibition ofany such feeling towards that distinguish
cI ciiszen. long my pc rsonal friend it cannot be
forgotten that he came into his present office under
peculiar circumstances. The People did not fore.
see the contingency which has happened. Thoy
voted iOf him as Vice President. They did not.
therefore. strufinize his opinions with the caro-
which they probably ought 10 have drnc. and would
have done. II they could have looked into iuiuri y.
u The present state Of The fact could have been an
tcipnIod--if at Harrisburg. or ut tho polls. It had
been lOresocn that Gen Harrison would dio in one
short month after the commencement OF his admins
tration; that Vice President Tyler would be elevated
10 the Presidential chair that n bill, passed by de-
cisiVo maJoriiics Of Tho first Wing Congress, charter
ing a National Bank, would he presented for hs
sanction; and that he would veto the bill, do I haz-
ard any thing when { express the conviction that lao
would not have received a solitary vote in the nom
mating Convention. nor one solitary electoral vote
IN any State in the UHiOni
Shall he told that the honor. tho frmncss. the
independence Of the Chief Magistrate might have
been drawn m question Il he had remained passive.
and 80 permitted the bill % became a lawi an.
s"cf that The Office Of Chief Magistrate is n sacred
wv tAiHeu Tusis crcated and conferred for tho ben /
Hl OF The naiiOn. and not for The private advantage
~ TIE person who fills IL. Can any mans repuIa-
'"n inr hmness, Independence. and hoRor 10 oil
more impo1anco Than The welfare ola great pooploP
mere Is nothing. IN my humble Judgment. To- such
q course incofr patiblo with honor. with frmness.
W." Independence. properly understood. Certainly
"'.' respectfully think, in reference 10 a measure
'N, ''s. recommended by such high sanctions
y i've ConErcsses-by Inc authority Of fom Presi.
''ni'-Jy repeated decisions of tho Supreme COuu
ihe acqutesccnco and Judgment of the People
y me uniied States during bong porods Of time
y H. slluiaTy operation on Tho interests u tho com
H'',y iof a space Of forty years, md demasdcj BY
~ I'opio wh1so s%ufragcs placed President Tyler
:" .''' second Uiii0o from whence no was translated
]" '"o nf'i That be might have suppressed the pronp
'"s.'o al personal pride Of private opinion. " any
-. m i' losOm. and yielded ~ Tho wishes and
~ ns country Nor do I believe that. such
''"''o' NJ would have madc the smallest sacrifice
y ? Jls' scHsc Of personal honor. fmncss. or indie
1cndcDcc.
DLL. III. u-orn -. III 81 49,.