Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-05-05
The Loeos and a Bank.

Ihe Locos have said so much abou, the uncon.
siitutionllity of a Bank, and lavished 81 m,ch
abuse upon those, who differ with them in op;no,
-aTraIsnins their consistency and honesty, tina, il
may not be amiss TO advert TO the views of their
ldoi on tins subject. Gen. Jackson, in several Of
his Messages, expressly admitted the constitution.
atty Of a National Bank, and in his Veto, he s,ated
that "had the Executive been called upon IN ru,.
nish the project of such an institution. the dn,v
would have been cheerfully performed But VI.
subjoin extracts:
Extract from Gen. Jaekson's Ist Message TO Congres.
I'll such an Institution is deemed essential IN the
hscal operations of the Government. sunni, 80
the wisdom Of the Legislature whether 4 N,tionnI
one, founded upon the credit Of the Governmen,
anu us revenues, might not lie dew sed which wound
AVON all constitutional difficulties, and at the Same
'i'he secure all The advantages 10 the Government
and the COUNTRY that are expected IN eel,
from the present Bank"
EItrAetrom Gen. Jackson's second annual Mess,g.
I'm the spirit Of improvement and comn,nn,,s.
which distinguishes our country and its ins,rn,;ons
II Decomts us to enquire whether it he not possible
70 secure lhe advantages afforded by the n,esen,
Bank, THROUGH THE AGENCY pE A
BANK OF THE UNITED STATES 90 mo.
oIhed IN It's principles and structure rs TO obyi,ts
INSTITUTIONAL and other objections. IL is thought
Pracuean'S TO organize such a Bank, with the ne.
10y 'HN-NiNt ia u bItNfO OF tie ITgnguTV he
partmeni; based on the public and individual die
posts, &C. In times Of public emergency. the cana
cues OF such an institution might be ENLARGED Lv
legislative provisions" .
Extract from Gen. Jaekson'st third Message.
"Enteriaining the opinions heretofore expressed
~ relation 10 the Bank Of the United States na N,
present organized, ! lelt II nv duty in nv f,,me,
messages irenkly to disclose them in order tina, ths
attention Of the Legislature and the peonle sbontd
yy seasonaoly directed to that important subject
"Uhout a more particular reference to the views oil
.he SUBJECT men expressed, leave II for the pre,en
10 Tie investigation Of an enlightened peonIe an,
their representatives"
rom Gen. Jsekson's Veto Message.
"lhata Bank Of the United States, competent Il
all the duties which may be reauirsd hv the Gov.
ernmen', might be 80 organized rs not to infringe or
our own delegated powers or the reserved rigbt. nj
The States, DO not entertain a doubt. Had IA,
Executive been called upon TO furnish the proiet
o. s"ch an institution, the duty would have been
eheefuIly performed"
Noiwr hs,nndng these repeated and strong dscl,
raiions IN favor Ola Bank, The Locos never ab,tst
ono whit IN the ardor Of their support ol the "Grent
est and Best" lie was the beau ideal of nI In,
was great and good. lie was the ouintessence o
Democracy, md MI he said or did was genuine Re
pu6lican's'n. And yet these noisy, indecent, an,
Voracions demagogues have the ef,ontery to ,ssoi
othefs Tor entertaining the same opinions for whici
they lauded their idol. Party annals exhibit n,
more shameless inconsistency and prosigate impn
denee' But the truth is, the spells constitute IN,
j Alpha and Omega with them. John Randolph. II
representing ono Of the chief Of them rs a man 0
seven pnneIplcs-fve louves and two fishes
sketched the whole tribe. All their principles-al
their patriotism is receivable into the one comprs
hens've TERM 'poiis. Give them the spoils. an,
they are eootent-all things arc going on prosper
ously-he skies ore bright and frightening Of
cloudy day. But strip them Of the spoils-lorh
with the Heavens are overcsst-lhe soft, balm.
1reezes Of the sourh arc piercing North westers-
and the world had better come 10 an end forthwith
than to go on At this mtei
The People have come TO estimate them and the
motives at their proper value.