Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-10-01

oil Inc greatest importance
make-and the necessity of forming correct opinions
OF the character and qualification Of those gentlemen
presented TO his consideration suitable persons to
present our Government abrcad-the most important
Offices TO I'LL ut home-he anxeties attendant upon our
Indian relations, and especially that unfortunate Forl-
da war-and the pressing necessity of placing the
country III proper state OF defence. Sir, pom, the
gentleman from Virginia 10 the numerous messages
from the Executive, which have been received by both
Houses OF Congress during this session. in proof Of
The hcrcuean labors which have devoyed upon the
President and then surely the gentleman will
10 at the declaration Of want Of time especial
iy II he will dIvest himself for u moment Of his per-
sonal feelings, and calmly consider the great import
ance OF the question involved in THIS subject OF the
adjustment OF fiscal agent of the Government.
! The gentleman tells Us that the President objects 10
the features of the bill, which, in his opnion anhor-
lzes local discounts; and then trumphanty turns 10
The proet submitted By the Secretary OF The Treasury
which authorizes the thing and charges the Pre-
sident with inconsistency, nvowing, as the gentleman
does, that the plan emanaling from the Secretary
approved by the President. Now, Sir, deny that the
details OF the plan submitted by the Secretary OF the
Treasury ever were approved by the President and
call upon the gentleman for proof OF his assertion
but admitting, Tor argument sake, that IL submit.
ted TO and approved By Tie PRESIDENT and taking the
gentleman statement that it National bank
VAN all the powers necessary To such lnstltu-
t'on TO deal III exchanges, foreign and domestic,
discount, local paper, &C., | ask the gentleman why
prononnceda spoor, riekct,y STAIR" Why, If you
i were so anxious for Bank did you not at once
accept Of this plan, II had, YOU confess all the
powers and privileges Of n National Bank. The gen.
cman may say that 1t required the assent OF the
States 10 establish branches, and therefore obec.
tionabe. Well, Sir, 90 did the FIRST Bank bill you
passed But j, may lie said That i, only asked consent
by lndrection, that il merely seemed % ask the
sent Of the States but reality asserted The power Of
Congress TO establish branches Then, SiT il MAS no
Ia- ~
be. 1T dad not Internationally require the assent Of the
States, and therefore did not meet the Presidents Oh
lection So that take The question either light tie
gentleman is at fault in his charges.
Sir, he give W, If he Will, tie reasons for
ec.ing tie pr.jrt of the Secretary, and for pressing
| these two Bank bills the Pitsdcn; with much
hlste.
Tie first bill that passed. Eli acknowledged 10 be
most contemplate affair. voted for IL reluctantly;
several Of the most prominent Wings in this House
voted against il: not sing lie approved Of the bill
can well understand, SIR, how unwilling lis trainers
10 make the fate of that bill. Il
vas therefore, necessary to frame another; and even
long before il went 10 the Executive, the gentleman
from Virginia predicted confidently TINT Il 'r0nid be &c.
tocd lie openly ayowed tins opinion on the floor, and
said that, when the veto came, he, for one, would
speak freely Of the Presidents course; and, Sir lie has
done 10 day. But how came that gentleman 10 know
that the President would veto the Jill. lie appears,
Sir To be in the secrets Of the Executive. Or did he
know that the bill palpably Objectionable tha 1t
could not but be vetoed: Or SIR, was II framed with
view Of "headng the President: Sir, If the gentleman
viii not dspcl the mystery hanging over all tins bank
BUSINESS will. The whole session has been passed
in "President-maklns Told yon 50 few days since;
tell you again. And repeat that, from the first
meeting Of Congress up 10 tbs haur there has been
determinations ON the part Of gentlemen %
ate an issue with the President. lis constitutional
scrupes, well known and openly avowed, have been
sneered at and under the pretext OF avoiding them,
A.. IL ar,I lava Iplfr
pres, n:ed 10 him with full know,ed re that they could
not receive his sanction In the expressive language Of
the gentleman, there have been every means used TO
"head to make him sign u bill which neither
his conscience judgment approved and thereby To
violate all his long rishcd principles and subject
himself To the Of the good and vrtuons, or,
BIZ refusing his assent 10 become an object OF abuse
and misrepresentation for those who hate HIM, and
look upon him standing between them and The OBJ
iocts of their ambition. Why, SIR, even this day
lie gentleman from Virginia, when speaking Of Tho
President proclaimed as his motto, "bead him " die.
II evmces the inveteracy Of his opposition. lie may
choose What motto he pleuses admire neither iEo
inscription his banner, nor the object Tor winch he
struggles. tell the gentleman "beware oil the Peo-
pie They fought under no such banner during the
lite contest They, SIR, not wiling that while you
play this desperate political game Their interests Their
principles their honesty Of purpose shall be sacrificed
or forgotten in the heartless schcmngs OF ambition
They did not send US here Sir 10 plot and counterpart,
did not send us here 10 pass our time IN connecting
schemes to "head the President And think when we
return home they will inform US that II is not fitting
employment for legislators and statesmen. ! know,
SIR that il is difficult for Tie People 10 understand the
undercurrents Of Legislation but, having mistaken
faith in their deliberate Judgment fear not their YER
diet on the matters agltalng and exciting the ma
ton.
|, Sir, have but one object in ylew-a sincere desire
10 perform my duty do justice 10 the President 10
a. Itr1I hau pdpI
the days Of my boyhood TO produce harmony and
union amongst those with whom have 50 long beef
associated and TO nculcate concession and ofhearance
lieu Of the unfortunate spirit OF s;llie and ennl,y now
amentaaly palrab!e. shall therefore, give briefly
what coucclve TO be analysis OF the message now
before
The President says that lie cannot conscentious!y
approve Of the BILL violating, he believes Il does the
Constitution which he has sworn "o protect, preserve,
and defend.
Admitting that the veto power ought 10 be exercised
with great caution, ard conservative power, Yet
the President justly says that no alternative Is eft 10
INN if the bill presented is, 10 his mind clearly viola
tive Of the Constitution. lie considers The Consii'u-
ton of the U. the ''cmbodied and written will q
the whole people, unanimously adopted, and prescrih-
ing to the public funconarss imperative duties Ia
considers that this bull which processes 10 Is abl'sh
an agent OF the Government, purely national grants
pos prs not required Tor the operations 81 the Govern
ment and az war with the Constitution. lie Objects 10
crssary the fiscal operations Of the Government, and
as subjecng tie public funds 10 loss and improper
uses by the officers Of the institution. lie contencs
that the permission TO deal in exchanges without mi
tation, on time unlimited, with power of reneaabiliiy
unchecked and at rates of interest unrcstraned ale
powers improper 10 be granted and liable 10 be gross
IL abused only njurousIy 10 the Government, but
TO the people. He contends that the power 10 Geai IN
this kind OF exchange obnoxious TO all the objections
made local discounts. lie denies the power assumed
by Congress invest local institution with general or
national powers He contends Tint, under tins bii, tc.
fitious bills Of exchange can be drawn without l'm,
whereas all operations exchange ought TO DC based
upon real and substantial bass In other words, lie
IS in favor of confnng the operations Of the institution
to true business Transactions lie considers that Tie
bin would have tendency postpone Indefinitely Ire
resumption Of specie payments b the banks lie con-
tends that an institution which 10 continue 10 opera
ton for twenty years, and ENJOY exclusive privileges
the powers granted 10 which rrevocabe, ought
10 be thus liable 10 objection and that would be
hazardous to pass such bill INTO law.
| The President regrets the differences of opinion
existng-susgests that The matter be postponed-and