The Madisonian. [volume] (Washington City [D.C.]) 1837-1845, 1841-10-02
FOR THE MADIsoNIAN.

Foh MhDlSONlAN.
The letters of the late Secretaries of the Treasury
and Navy impeach the President on the ground that,
at his request they exerted themselves to Originate
the second Bank ILL, and that he refused to approve
it without explanation apology them. Upon this
charge he has been denounced by certain Wing men,
bers of Congress and certain ultra Wing presses
propose TO examine his position, and will demonstrate
from Mr. Ewinss letter that Mr. Clay and his parti-
sans, and they only responsible for the failure to
charter Bank. ..r.... .,4. ......... ,z
In the first place. MI. Ewing says he knew the per-
tinacity with which the President adhered to his
"erpressed opinions on the subject of the Bank and
that the first bill never did al any time" receive the
Presidents assent, express implied" He further,
in his letter to the President says: I'm ",
at is equally matter Of justice to you and to myself
to say that the bill which reported to the two Houses
of Congress at the commencement Of the session. in
obedience 10 their CALL was modified to meet your
appreciation. You may not, IL is true, hare read the
bill throughout, and examined every part of ii hu,
the 10th fundamental rule, fcich became the contested
question Of principle freely discussed between us
and It was understood and unequvocally sanctioned
by yourself" rggt #sT /, .a7sl ..ir - @..s.a.. r
twill be seen, FIRST that the President did not read
Mr. Ewings bill throughout, and that the discussion
between himself and Mr.. Ewing was confined to the
10th fundamental article, which Mr.. Ewing admits
became the CONTESTED question of principle"
hence infer that the President told Mr. Ewing
that he could not approve any bill which did not con-
form to the principle asserted in that 10Th fandamen-
tai article and that in all subsequent conversations
with Mr. Ewing, the President had right to assume
that the principles of that article having been fully
discussed" and understood the understanding then
had and imbodied in that section was his under
ing throughout. ,...,...., ..... .......,.
1t is admitted by Mr.. Ewing that no blame can at
tacn to the President for his first Veto. The charge
ofinsincery rests entirely the second 1t remains
to be whether the provisions of the second bill
did conform t. the l6 h fundamental article of Mr..
Ewings bill, to warrant the assertion now made
that it modified as to accord with the Presi-
dents opinions of the constitutional powers of Con-
gress. That article reads thus: ill.,. ...a, ID
"That the said corporation shall establish compe-
tent Office OF discount and deposit in any State by
the assent ofhe Legislature Of such State, whenever
the directors may think proper do So and when es-
tabllshed the Office shall not be withdrawn without
the assent OF Congress and the said corporation shall
have the power to commit tho management Of the said
offices and the business thereof respectively to such
persons and under such regulations as they shall
deem proper, not being contrary TO law constitution
of the bank or, instead of establishing such Offices
it shall be lawful for the directors of the said
ton, from time to the, to employ any indiridual,
agent or any other bank banks to be approved by
the Secretary of the Treasury any place places
that they may deem safe and proper, to manage and
transact the business proposed aforesaid other than
for the purposes discount and to perform the duties
hereinafter required of such corporation to be ma
mayed and transacted by such officers and under such
agreements, and subject to such regulations as they