Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1841-09-28

euabIe 10 states or any other recipients and were
strictly limited to the maintenance OF tue functions
which belonged TO the Government of the Union
CiOte.
TREAsURy DEPARTMENT. Sept, IL, le4l.
SIa Alter the most calm aud careful consldera-
ton, and viewing the subject IN all the aspects IN
winch u presents itsei 10 my mind, have To
the conclusion that ought 10 longer 10 remain
member Oi your Cabinet. therefore resign the oil
ice oi secretary OF the Treasury, aud beg you to
accept tins NY letter OF esIgnatIon.
10 avoid Misunderstanding, | distinctly declare
that do not consider difference OF opinion : To
the Charter Of a National Bank sufficient
for dissoiving the tres which have existed between
Though look upon that measure one OF
vast importance the prosperity country, and
though should have deeply deplored your inability
or unwllilngness 10 accord IT To the wishes OF the
people and the states, unequvocally expressed
through their representatives,, still, upon tins, and
tins alone, unconnccted with other controlling CIR
cunstances, ! should not have elt bound To resign
The place winch hold IN YOUR Administration
But those controlling circumstances do exist and
] VIII, IN my own Justification, place them
nectIOn before you.
1t - but lust to YOU to say that the ball which
first pIsseu the two Houses Uf Congress- aud which
was returned with your objections the 10Th of
August did never, Its progress, as far ae | know
or believe, receive at any time either your eXpress
or IMPLIED assent 30 tar that bill was known
to me, or as | was consulted upon IT, endeavofed
to BRING ats provisions nearly possible
cordance with what understood to be your views
and rather hoped than erPecfei your approval
knew the extent 10 which you committed on
the question. knew the perilnacity with which
you adhered u your expressed opinions, and
dreaded from the first the most disastrous conse
quences when the project Ut compromise which
presented at al early day rejected.
IL IL equally matter ol justice To you and to my
sell To say that the bill which reported to the two
Houses OF Congress AT the commencement of the
session, IN obedience to their call. was modified so
as 10 meet your apprObatlon lou may not, 1t Is
true, have read the bill throughout. aud examined
every part oi IT but the 10th fundamental article,
winch became the contested question OF principle,
VAS freely discussed between us, and was under
stood ana unequIvocally sanctioned by yourself.
he last clause IN the ball. also, winch contained a
reservation OF power IN Congress, Inserted on
the 9th oi June, IN your presence, and with your
appreciation though you at one time told that
IN giving your sanction to the bill, you would ac-
company II with an explanation OF your understand
ing OF That first clause.
Ia tins condition OF things. though really re-
GREETED your veto on the bill IT passed the two
Houses oi Congress, and though ioresaw the ex-
cItemcnt and agitation winch 1t would produce
among the people, yet, considering the changes
which the bill had undergone ITS passage, and its
variance from the one you had agreed TO sanction,
| could not lind IN that act enough TO disturb the
conhdentiaI relations which existed between
was disposed 10 attribute TINS act iraught with
clie as II was. 10 pure ana honorable motives, and
10 consc entIous convection on your part that the
bill IN some Ot IT'S PROVISIONS, cOnf,cted with the
Constitution. But that opinion OF your course on
the bill winch has Just been returned TO Congress
with your second veto. do not, and cannot enter
tam. Recur to what has passed between us with
respect 10 II, and you will at once perceive that
such opinion is impossible.
+ On the morning OF the 10th of August i called
al your Chamber and found you preparing the first
veto message 10 be despatched TO the Senate. The
Secretary of War came IN also, aud you read a
portion oil the message to Us. lie observed that,
though the veto would create great sensation in
Congress. yet he thought the minds of our friends
better prepared tor It than they days ago,
and he hoped II would be calmly received, espccl-
ally as 1t did not shut all hope of Bank. To
TINS you replied, that you really thought there
ought To be no difficulty about 1T that you had
sufficiently Indicated your veto message what
mud OF "a Bank you would approve, and that Con
gross might, If they tit, pass such a IN three
DAYS.
The 18th being the day for our regular Cabinet
meeting, we assembled. all except Messrs. Crit
tenden and Granger, and you told us that you had
ND a long conversation with MeSsrs. Dcrnen and
sergeant, who protested to come IN behalf OF the
W higs OF the two Houses To endeavor TO strike out
some measure which would be generally accepta-
be. That you had your doubts about the proprety
OF conyersihg with them yourself, and thought II
more proper that You should commune with them
through your constitutional advisers. You eX-
pressed wish that the whole su ject should be
post puned TIL the session of Congress. You
spoke O the delay the Senate of the consdera-
ton 81 your veto message and expressed anxiety
a. 10 the tone and temper which the debate would
Mr.. Bad ger said that on inquiry he was happy TO
nnd that the best temper prevailed IN the two
Houses. He believed they were perfectly ready 10
take up the bill reported by the Secretary OF the
f Treasury, and pass Il AT You replied, - Talk
not l. me OF Mr. EwIngs bill 1t contains that odl-
Gus feature OF local discounts which have repudi-
ated IN my message. ! then said 10 you, - have
10 doubt SIR that the House, having ascer;ained
your views will pass oh IN conformity TO them,
pro, .ted they be sled that it would answer
the purposes Of the Treasury, ana relieve the
ny. You then SAID, - tannot my Cabinet see
that this Is brought about You must stand by me
IN this emergency. Cannot YOU that a bin pass
e. Congress such US approve without Incon-
sIs,ency - declared again my belief that such a
bill might be passed And you then said To me,
- hat do you understand to be my opinions
state them, that may see that there
apprehension about them.
i then SAID that | understood you 70 be Of opinion
that Congress might charter a bank IN the ID strict
Of Columbia. giving II It's location here. 10 tins
you assented. That they might authorize such
Bank TO establish offices OF discount and deposte
IN the several States with the of the States
10 TINS you replied, Don't name discounts they
have been the source Of the most abomnable cor
ruptons, and are wholly unnecessary to enable the
Bank to discharge It's duties 10 the country and the
Government.
observed IN reply that was proposing nothing
bat simply endeavorHs to state what had unde r