Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1841-09-06

he believed To be unconditional. The q iestfon
has been raised here whether he will sanction any
organzn ion in the nature OF bank 10 conduct
the 6scal affairs OF tie Government? | have
means OF information on tins suijrc, which arc not
common TO other gentlemen. From the terms of
tho Executive message I collect that, il some fscat
agency can be organized winch, while its primary
Object is 10 conduct the financial operations Of tho
Gosernnent, would incidentally aid in regulating
the exchanges and currency Of the country. whhpuI
infringing on the sovereignty add reserved rights Of
The States, he would deem such institution legi-
innate and consttu ional. Such an institution, in
Ter from the message. would, IN his view, 10 very
different thing from The Ermer money lending.
trading. specializing, stock Jobbing Bank al
the Unncd States. fulirg and riding the instl-
lutions and sovereignty Il The States.
The Senator from Kentucky inicrs, from the mes
sage, that Ptcsldent TYLER would not have sanction
I'd The bill had II been IN a modified aud restr icied
form, even ire the assent Of the S aies.
M CLAY said lie iaHst here again ioicrpose.--
II u I, II very The honorable Senator DID not in
tend TO m,sslac an, ding he had said. lie did
say what the President would would not do with
regard to bank l,tnird 10 the power of deal
ing IN exchange. lie had thou .hi that, respect
I" such bank, he would mol have required The
previous assent al the afes the Senator sad
he would. Bu, what lac had sad was, that ii must
he NANTES from the message that the President
would have vetoed such bank was proposed By thu
Secretary Of the Treasury
Mr. K resumed. | adi not nalhof zed TO say
What the Pic.idett would or would not have done
oa hypothe al case. which has moi occurred. aad
~ not likely TO occur. ,ludc, from the Ian
guagc oi the message, thai, whether reference 10
an thanec bunk or n hank Of discount, il IL were
intended 10 be pushed be, o1d mere fiscal agtnry.
and waste deal IL exch nges lenersllv by an exie,-
died operation through branches IN the STATES, he
would l,o the assent II The States 10 be Necessary.
| with II, however, 10 be distinctly understood that
do not say this by au holily Of tina President. IL
is not Necessary al tbs II discuss the quesfion
what would or would not satisfy tho views expressed
bv him.
Blu, tie Senator l,o,n Kentucky, by way of picrur-
lng 10 ns, IN bodef rliei, the frbeous coniutna.v
al tho P,es'deni says thai his veto uf Ihs bank bid
~ against the the general seHse Of The country,
against The will OF Congress, and against The unan-
inons sentiment Of his Cabinet.
NJ. CLAY. | nm the last uan TO suppose tho
Sen9' purposes 10 m'srcprcscut me; bu. lac VIII
iecollec, that, IN speaking that subject, | used
the mos, guarded language. rnrec OF four ,tn,es I
tepeaied that spoke ony according to the voice OF
fnnot when stated lhal The vco Ma, against the u
unanimous opinon OF The Cabinet
MI X. The Senator must cr,lanly did refer To
1 unanimous op mon oithc Presidents Cabinet.
Mr.. CLAY. To iun,ur, rs stating i, was unan-
nuns.
Mr. II, To rumo, then. l. is INN nrcril TO me
IN What form he stated IT. Obscvahl as lhat S.pa,by
usually OF The delicacy due the Official relations
OF the thet Magistrate. dad lie ihink when he rer-
resented, even ON the auth rity OF ,unor, that lhs
Cabinet were unanimously opposed 10 sentiment To
II h'g Official act e The President tina, the Chief
Magistrate, whom the con>ii,uiion make, res on,i.
bic Tor all the acts OF the Executive D,pntn"ni,
should be ovcnued aud HE'D IN his h,p and re-
3 onslhle functions by officers of his own appoint
mcni, vhtually irresponsible to the People but
through h"l Did he suppose that officers, intend
ed W the Constiin'ion Ms aids the President and
10 hin were 10 reverse thai rcltio snd
erect themselves into dcialors to The President! [
am persuaded lha, those Gentlemen themselves world
be The last To assert any such pretenson. But ~,
the QuesIiun has n. | will a .la
ftcs'deni. 10 our system. beng alone rcspo ,.lbla
Tor his olht ial coiduo aud IN pecuiia, aud en-
Pha',c manner Tor the exercise Of the veto p"wc.,
can egilimhlely acknowledge 10 cunff,I in iboss
high functions but that OF / is own conscience
The Senator must be persuaded that nothing il
further from my intention than 10 nsrr prrseut his
but The justice feel TO be due to a high
officer, who has discharged, President Tyler has
done, solemn and deeply responsible obligation to
The Constitution and Ia his county, demands that
he should be shielded from the nsnu,lion Of having
acted IN any manner IN violation OF the claims OF
good faith 10 hose who raised hun, BY their voices,
o his elevation.
The Senator in i mated tha, when uffering hi. last
amendment To the bill, a compromise, he believed
thar that amendment would be acceptable here and
els ciereto III President as we'll his friends do
not know whence the honorable nltor derive ed such
an impression.
Mr. CLAY. The Senator again mistakes ny
language. | SAID that did not know whether tho
amendment would be acceptable NOT but that I
hoped !, would Prove acceptable not only hetc but
else" here.
| have ouly 10 say, then, said Mr. r. that can
see no adequate ioundatIon Tor such hope in any
OF the pubic proceedings connected with this bill.
Let ne nov give the history OF the af',r, as il
appears IN documentary evidence. Was II not we'll
understood at the commencement of our SESSION
that there we're serious constitutional diff ues in
the Executive Department IN fegud TO old f,slI-
Toned Bank Of tie United States! Were not these
difficulties plainly referred TO the report Ct the
Secretary oil the Treasury! Aud did not the hon-
orabe Senator himself call upon that ic for The
details NJ plan which Guild be free from constI-
tutional dlnculue~' And Was il rot undersluIs.r
that The plan submitted IN answer 10 that car con-
tanned the uttmaium of the Presdcnt. c,ter n full
consultation WIN his official als,~er.l And what
was he sine qua non IN that r'At! = Was II not the
unqualhrd previous asc", OF The States branches
"nhn Their Inn Isl Dui the Senator will not. am
sure ron'o"". that his compromise amendment 81
caeo u,i provide for an unquaitisd previous asssre
,lhe SAFES.
The Senator conn ains Of tie manner in Which
the President has expressed himself in the age!
Whatever, IN me passages Il thai paper, may
10 the honorable Senator from Kentucky a.
harsh, or, at least, too euersenc. nothing, am sure.
was fur her from the mind OF Inc President than 10
use nguage which might Sc, nj wanting in respect
tn body, any member If il. Vie knows
well the high aud d,ghhed courtesy which
should preside The relations # the co-ordinats
departments of the Oovein,neut TO nduige, Tor d
nunent, any feeling Inconsistent with that courtesy!
II, in the force aud eatnesIDess of his cOnvctions.
lie has used language OF corresponding energy
must be sci down 10 that account alone. aud 'na3
plead some indulgence from The example pfthe hon-
has. half S.t,ru