Lincoln telegraph. [volume] (Bath, Me.) 1836-1846, 1841-09-23

should sign this bill he had not read it. The piah
OF an Exchange Bank, su CHI as was reported alter
the first Veto the President is understood by more
than one member of Congress to whom he express
ed his opinion, to have regarded as avorte meas
1t was in view of this opinion suggested as It
is in the first Veto, and after using every proper ell
fort ascertain his precise views upon 1t, that the
Committee Of the Honsa Of Representatives reported
their second bill. 1t made provision for a BANK
without the privilege of local discounling and was
adapted, closely possible, 10 that class OF mer-
camille operations which the first eto Message de-
scrbes with appreciation, and which that paper
specifically illustrate by reference TO the dealings
in exchanges of the Bank of the United States IN
1885, which the President affirns ''amounted 20 up
wards OF one hundred million of dollars. Yet this
plan, when it submitted 10 him, objected 10
on ground. The last Veto has narrowed
the question ola Bank down to the basis of the Sub
Treasury scheme, and it is obvious from the opn-
ion of that message that the country is not TO expect
anything better than the exploded ub-Treasury, or
some measure of the same character, from MIR.
Tyler.
In the midst of all these varieties of opinion, an
impenetrabe my stery seemed to hang over the whole
question. There was no such frank interchange of
sentiment as ought to characterize the intercourse OF
President and his friends and the last person IN the
Government who would seem TO have been en'rust-
ed with confidence those embarrassing topics
the constimt ional advisers which the laws had
provided for them.
In this review of the position into which the late
events have thrown the Wing party, it is with pro-
found sorrow we look TO the pursued by the
President. He has wrested from of the BE- ST
fruits of long and painful struggle, and the
contamination of a glorious victory; he has
even perhaps thrown US once more upon the
field Of political strife, 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 the nigh patriotism which
for twelve years sustained in u conflict OF I'M
equaIIed asperty and which finally brought US 10
The tulfment of those brilliant hopes which he has
done so much to destroy.
In this state of things, the Wings will naturally
look with anxiety 10 the future, and inquire what are
the actual relations between the President and those
who brought him into power; and what, in the opin-
ion of Their friends in Congress, should be their
course hereafter. On both of these questions we
feel it TO our duty to address in perfect fankness and
without reserve, but, at the same time, with due re-
spect to others.
In regard TO the first, we constrained to say,
that the President by the course he has adopted in
respect to the application OF he veto power TO two
successv ba0k charters, each of which there was
lust reason TO believe would meet his appreciation,
by his withdrawal of confidence from his real friends
IN Congress and from the members Of his Cabinet;
by his bestowal of it upon Others notwithstanding
their notorious opposition to leading measures OF hs
Administration has voluntarily separate himself from
those by whose exertions and sutrages be was ele-
ed to that office through which he reached his
prese mt exalted station. The existence of this I'M
natural relation is extraordinary the annuncia-
ton of it of it is painful and Notifying What are
the consequences and duties which grow out Of 1t
The first consequence is, that those who brought
the Pres dent into power can De no longer, in any
| / l.uIL Il
for the administration ofthe Executive branch Of the
Government; and that the President and his advi-
sers should be exclusively hereafter deemed accoun-
table. But, as by the joint acts of Providence and
The People he is constitutionally invested with the
powers Of Chief Magistrate, whilst he remains in
office he should be treated with perfect respect by
all. And 1t will be the duty ofthe Wings, in and
out Of Congress, 10 give 10 his official acts and
measures fair and full consideration, approving them
and cooperating in their support where they can,
and differing from and opposing any OF them only
from high sense of public duty
The more important question remains 10 be
touched. What ought to be the future line of con-
duct of the Whig party in the extraordinary emer
gency which now exists?
hey came ntO power to accomplish great and
patriotic Objects by the zeal and perseverance of
the aIortles in Congress some of the mos, lmpor
tant of these objects have been carried the extra
session. Others yet remain TO be effected. The
conduc; of the President has occasioned bitter mor
featlon and deep regret Shall the party, therefore,
yielding to sentiments Of despair, abandon It's duty
and submit defeat and disgrace? Far from suffer-
ing such dshonerable consequences, the very dsap-
poiniment which ii has unfortunately experienced
should only to reGouble its exertlons, and 10
inspire II with fresh courage to pesevere with
spirit unsubdued and resolution mistaken, until the
prosperity of the country fully established and
It's liberties firmly secured against all danger from
the abuses, entertainments, or usurpations OF the
Executive department of the Government.
At the head oGthe duties which remain for the
Wings to perform towards their country sand con-
spicuousIy and pre-eminently above all others
First A reduction Of the Executive power, by
a further limitation Of the Veto. to ODE
dience to the public WILL as that shall be expressed
by :he immediate Representatives of the People
and the States, with other control than that which
is indispensable to avert hasty or unconstitutional
legisat on.
BY the adoption of single term for the incum-
bent Of the Presidential office.
By separation of the Purse from the Sword, and
with that view 10 place the appointment Of the Head
of the Treasury in Congress; and
BY subjecting the power Of dismissal from office
to Just restrictions 10 render the President
anenable for its exercise.
Second. The establishment by congress of a fs-
cal agent, competent collect, safely keep and dis
burse the public moneys, to restore the currency,
and to equalize the exchanges oithe country; and
Third. The introduction of economy in The ad-
miniSlraion Of the Government, and the dscontlnu-
ance Of all sinecures Of useless offices.
To the eflectuaon of these object ought the exer-
tons ofthe Wings hereafter to be directed. Those
n L.