Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1841-09-23

II phsScu Wy SoHxT'~ - yet " CoH'"iH"o
provision lor local d,scouniing, in regard to
which h,s veto Message atfirms his oh.
Jection to be altogether insuperaHe -
The President has sul,se sequen,ly dec!ar-
ed that this was not his measure, and that
when he said he would sign this bill he
had no, read il. The plan Of an Ex-
change Bank, such as was reported after
the first Veto, the President rs under
stood by more than ono member Of Con-
gress to whom he expressed his opinion,
10 have regarded as favorite measure :.
\ Ii was in view of this opinion, suggested
az it is in his first Veto, and after using
every proper ,itnt TO ascertain his pre-
else views upon it, that the Committee
Of the House Of Representatives report.
ed their second bill. II made provision
for a bank without the privilege Of local
discounling, and was adapted, as closely
as possible, TO that class of mercantile
operations which the first Veto Message
describes with appreciation, and which
that paper specifically illustrates by re-
ference to the "dealings in the exchan-
ges" OF The Bank of the United States
in 1888, which the President atfirms
''amounted to upwards Of one hundred
millions of dollars" Ye, this plan, when
it was submitted TO him, was objected TO
on a new ground. The last Veto has
narrowed the question OF bank down
TO The bass Of Tire ssb- Treasury scheme,
and it is obvious frap the opinions Of that
me ss,ge that the country IL not 10 expect
any thing better than tho exploded sub
Il Treasury, or some measure OF the same
character, from Mr.. Tyler.
Il In the midst OF all these varieties Of Opin.
ion, an impenetrable mystery seemed 10 hang
over the whole question. There was no such
frank interchange Of sentiment as ought to
characterize the intercourse Of the President
and his friends, and the last persons IN the
| government who would seem to have been
| entrusted with lIs confidence on those cm.
barrassing topics were the constitutional ad-
visers winch the law had provided foi him.
Ia this review of the position into which
the late events have thrown the Wing party,
il is with profound sorrnw we look 10 the
course pursued by the President lie has
wrcsted from us one Of the best fruits of "a
long and painful struggle, and the consMnna-
tlon OF glorious victory; he hus even per-
haps thrown us once more upon the held of
political strife, not weakened IN numbers, nor
shorn of the support OF the country, but
stripped of The arms which success had
placed in our hands, and left again to rely
upon that high patriotism which, Tor twelve
years, sustained us III conflict of unequal
led asprrIty, and which finally brought us to
The fuliimcnt of those brilliant hopes which
he has done 50 much To destroy.
In this state Of things, tho wings will
naturally look with anxiety 10 the future, aud
inquire what are the actual relations between
the President aud those who brought him
into power; and what, in the opinion oi their
friends in Congress, should be their course
hereafter. On buth ot these questions We
\ feel il 10 be our duty to address you IN per-
feet irankness and without reserve, but at the
same time, with due respect 10 others.
\ Ia regard to the first. we are constrained
TO suy, that the President, by the course he.
has adopted IN respect To the application OF
|. hc veto power 10 two successive bank char.
| ters, zach of which there was Just reason tn
believe would meet his appreciation: by hts
II withdrawal Of confidence from his real irlrn0s
Il in Congress and from the members of his
II Cabinet by his bcstowal Of il upon others
Notwithstanding their notorious opposition To
leading measures of his Administration, has
whose exertI"ns and suffrages he was cicva-
I d to that Office through which he reached
his present exalted station. The existence
of tins unnatural relation Is as extraordinary
as the unnnnciation of 1t is painful aud rnor.
Il utyIng. What are the consequences und
duties which grow out of it
Il The first consequence il, that those who
! brou.h, The President into power can be no
longer, in no manner or degree, justly held
respnnslble or blamed for the administration
of the Executive branch Of the Government; (;
aud that the President uhd his advisers should
be exclusively hereafter deemed accounta.
ible But, by the j INT acts OF Providence
aud the People he Is cons,itutionally invest.
ed with The powers Of Chic: Magistrate, while
! he remains in office he should be treated with
| pcrtcc, respect by all. Aud it will be the
duty Of the Wings. in aud out Of Congress,
II 10 give To his official nets aud measures fair
and full consideration, approving them aud
CO. operating IN their support where they con,
and differing from and opposing any Of them
only from high sense of public duty.
II The more important question remains to
! he touched. What ought to be- the future
llne of condnc; of the Wing party, in the ex-
traordinary emergency Which now exists
Il They came into power to accomplish great
and pulrio'is objects. by lhs. zeal and per-
severance Of the majorltles III Congress,
I some Of the most important Of those objects
4 have been carried at the extra session. OH.
ers yet remain 10 be effected. The conduct
oi The President has occ casioned bitter mortif.
cation and deep regret. Shall the party,
i therefore, yielding to sentiments oi despair,
abandon It's duty, aud submit TO defeat and
Disgrace? Far from suffering such dishon-
orable consequences, the very dlsapponi.
meut which II has unfortunately experienced,
should servo only to redouble its cxer,ions,
ond TO inspire it with fresh courage to perse-
we're with spirit unsubdued and resolution
unshakcn, until the prosperity of the coun
n try is fully established, and its liberties
firmly secured against all danger from the
II abuses, cucrnnchmerts, or usurpaiions oi the
n Executive department of the Government.
II At the head Vt the duties which remain
4 for The Wings to perform towards their coun-
H try, stands conspicuousIy and pre-cn:nenlly
|, above all others
II First. A reduction Of the Executive pow.
er, by further limitation of the Veto, SD as
10 secure obedience To the public VIII, rs
tla, shall be expressed by the immediate
Representatives OF the People and The States,
with no other control than that which Is N.