Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-07-27
From the y. y. Com cTa.al Advertiser.
IMPORTANT.

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From the y. y. Com cIaal Advertiser.
IMPORTANT.
The following letter was received by a gentleman
Of this cisy, iiOm u friend IN Washington. We
commend the letter 10 the attentive peruSal OF ali
ders the subject OF is OF great interest.
The second letter shall appear to morrow.
WASHINGTON, July l6 ls4l.
My Dear Sri ain quite willing TO answer your
questions, anu to give Yea my opinion fully on the
bank subject. Without replying to yolr inquiries
m their order, the object OF the whole Of them may
be met by some general remarks.
No man can entertain doubt that the late adm
nslra,Ion was over brown chiefly, by a feeling Of
opposition 10 its policy IN regard % taHet a1d
Tsicy. Other causes co-OnCuti1J, but this mus; be
admitted To have been by tar the mos; general, aud
the most powerful. IL Il quite clear, therefore, that
a thorough change of tins policy IS demanded by
the people Of the present Government, and if this
end be not att uned, the greatest purpose Of the
youIISn will be defeated. A.. tins is obvious
enough.
1t Is true also, that among those who sought. by
change Of counses, to effect salutary change in
regard 10 finance and curJency great majority en-
tertalucd the opinion that the agency Vt a Bank was
Indispensable. But this sentiment was not untni.
nous. Many OF the southern opDosers Of the poll
cy OF Gen. Jackson and Mr. Van Buren, were not
bank men. Your memory will Immediately supply
you with long list O persons OF this class ia that
qu1rier Of the country; and though sentiment was
more united IN the Moth, YET even there exception,
| existed. The distinguished :. nator from your own
state had even after coming 10 the Senate, nam
| tainct the unconsii ulionaty OF all bank charters
under his Government. The tai' ure of the ceao-
site system, in 1887, prob bly, increased the mum
her oi the friends OF bank; but stl there remain
ed many persons Who # convinced of the expedi.
ency, did not, nevertheless ADMIT the constitutional
power to establish such an Institution.
Under these circumstances the Wing convention
met at Harrisburg IN December, 1889, and nomina-
| ted General III irrls1n and Mr. Tyler as candidates
for President and Vice President. The oon ons OF
I these gentlemen were generally known on a.. poi.
tcI SUBJECTS and those OF the latter gentleman es-
pecla ~, on the bank question: were rs well known
as the sentiments OF any public man any SUD-
/ iect whatever From 1919 to the day of nominal
ton, those sentiments had been expressed and re-
peated, in all forus, both 10 and out Of Congress.
/ The convention nominated both these gem .einen
| without asking or receiving pledges and solely on
the ground OF their Known character and opinions
. and on this ground the canvass vas commenced and
carried or. In the course Of y, opinions were IRE
quendy called for aud expressed, especially by Ge-
neral Harrison.
Now, without going into particulars, a fiir &C
count Of General Hirrisou's opinions j., that with a
strong leaning against Bank Of the United States.
YET, II j; should be OgGd 10 be necessary, 10 order
to ciTy on toe government successfully, he would
sanction Dr.. And for the same reasons I've would
consent % give 70 the bank such powers. and no
Others, rs should he found 20 bee Iud.peussDy ne.
csssary. This is the general doctrine OF his speech
/ at DAYTON, ami is IN COnsoulGcs with opinions eN
| pressed by him on other OCCASIONS He will there
be 10 have placed ,nis cons IturIOna power Of
Congress 20 estab. 81 b,uk, upon that clause OF
the constitution which authorizes u TO PISS all avs
necessary and proper for carrying the powers Of 90
yernmeni into effect. TINS was General HlrTisJn's
ground, and on this ground fought the battle for
\ him. We elected him; we saw him InauguTated,
we saw him surround himself with cabinet, ana
enter upon hs high duios. but dea'h terminated his
/ Greer az the end OF the FIRST month Of his GdnI-
n,sra'ion. The executive pONer devoVed on The
\ Wee President. lie repaired TO Washington, found
! IN extra session Of Congress already summoned,
ano requested the continued services AZ those heads
I Of departments who had bsenuppOIne ed by Genera,
/ Harrison.
/ Now, rh1l gas Il the duty Of Ties, gentlemen 10
| DIT DO not propose 10 answer tue question, for
/ several reasons. But I cave IL fpr your own re
/ sctIOn, snI | repeat It-Wh-tUsys hey 10 dOl On
the bank question that rs, the extent Of the con
/ s'Iut0na power Of Congress, they fsred from
he President, and II may readily be supposed that
] where Their was mutual respect and confidence, all
| practical means Of approximation ond agreement
were honestly and lauI dy eKered. Nor en- %
/ be az oil doubted that the Presdcnf, from differ
encs 10 the s"numruls Of ihe people who had Ccct
ell General Harrison. would ss far as possible for.
bear from uTJing any thing ssttlsj By him, o ut
thai be would also, % the CK Cnt Of his power and
so iar as Zoo. conscientious sense Of duty 20 himself
" |u.d ALLOW, DO every thing 20 fu.h those pI1.iS
hops which his election had inspired. BIl he too
h3u been elected 20 tie second Office By tie rcopre
: with well known opinions 90 tbs great cOustrtu
uOnnI matter any modification Of which must b.,
Ie't 10 hls Own fglsctOus and his own conscience
T The power Of approving or d5apprOying aCts u
3 Congress, ~ power belonging TO the PrC.dsu
a.one.-lle may advise with hs cabinet, bat tr
entire responsibility o. The Inoi decision rests uy1i
. him.
D But tho position Of IN, President In regard 10 tb
j. bank question vas MT the only difficulty. impor
r iari Wing members, in 10th yranchs Of the Legs
u Illure, stood n the same relation 10 this question
I, the Prcsi.cGt need no. name particular gentle
mem but there was good reason 10 believe from Oh
hrsi, that bank charter, without some essential u
% temuons from the Old form, would not even q
Is through Congress.
u Under these circumstances The Secretary or oh
j. Treasury was called on for his plan Tor Banl
Two sets Oi opinions exist, us 10 Tho mlnHcr
d which De ought 10 have executed this duty.
C First there 1re these who think that, regard les
OF any other opinions, and Of the prac,icI 1Iity
ID lmpracucaDiiy OF rs hnal passage into lw, Il
=; Secretary ought 70 have reported a bill, Of q
h strongest character, giving the Btnk aI. the powc
pc Of former chlues. That he ought 10 have dor
~ ins merely by vUus VI his own Office, and in %
- exercise o. bis own proper poweu.
as Dot There were Others who were Of q difisre
nc opinion Iney wished u AVOID the lncOngfuity Of
'V uNss'ml mess Of lhIt which happened in Gen. J1c
sons term, when the Secretary Of the Tre,su,v ,
ng commenced b1nk and the President vetoed 4
w ~! lncy regarded o. as all important that 4
WING snoun agree, beforehand upon some me
ses sure winch lhty could carry by their own sreny
and not by their own divisions ,b,o,g ,bc,,..H
his and the country into the power az The o,nos,,,
nd They knew 10 what extent the declared s.r,,s
er Of the President had gone they knew The oni;o
We OF certain wing members OF Congress- espeeiallv
the the Senate, whose yotss could not b, sp1r.d. u
felt that both the good OF the country. and ~. =
Pe servsIion Of the Wing party, absolutely reoui