Bloomington herald. [volume] (Bloomington, I. T. [Iowa]) 1840-1849, 1841-09-10

to decypher 1t. a. a.
O. A writer in the St. Louis New Era, wing
paper, takes the only proper view of Mr.. lyiers
situation the bank question. which we have sceh.
in any whig print. He says it seems to him that
the contemporaries of The New Era, who violently
denounce President Tyler for his course, now find
themselves in an awkward poston-that the tide
of opinion which flows on from the judicious and
calm portion of the wing party is decidedly favora
bic to Mr.. Tyler--and that it is to him matter of
wonderment how any one who would take the troub-
lie to survey the question cooliy, could look upon
his course in any other than favorable light
We think the rejecting portion Of the wing par
ty must come to the conviction, and even now
there thousands who regret their hasty ou;por-
ings of wrath upon the head of the President be-
fore they had taken the i" second sober thought
When they have worked off their passions by Bit
ter curses, they find the President unframed, and
themselves the pted objects Of their friends and the
laughing-sock Of their opponents. 1t may crafty
monetary feeling by indulging in abuse of the
President, but then reflection comes, and with it
sense of the yerica,ios Of what the Democrats have
told them from the commencsment-th their party
was composed of such dscordant materials that it
could not remain in harmony until their measures
were matured
The writer in the New Era will he considered too
frank by his political friends. He makes state
mcnt whic the truth viii bear him out in, yet there
thousands who have SO often asserted to the con-
trary that they will be 10th to make the concession,
for if they do then does their belief that Gen. Har
rson would have acted otherwise, fail to the ground
for want of proof to sustain it. He says "Thc
question of Bank or no Bank WAS NOT fairly
before the people at the last Presidential eletion
Ii is not denied by the wings that Gen. Harrison was
once strongly opposed to the United States Bank
and the strongest assurance that he gave them
that he would sign bill creating one, was in his
letter to Sherod Williams, in which he said he
would if il were clearly ascerta1ed that the public
interest in relation to the collection and disbursement
Of the revenue would materially suffer without one,
and there were une9uiuocal manifestations Of pub
lie opinion in its favor lie continued-"I think,
however, the experiment should be fairly tried, to
ascertain WIetucI tlc OpGFdtloliS Vi Tue
Government cannot be as well carried without
the aid of National Bank. If it is not necessary
for that purpose, it does not appear to me that one
can be conshtutionally chartered. There is con-
s.ruc;ion which can give the Constitution which
would authorize it, on the ground of aiiording acit
tiles 10 commerce. Well, as the correspondent of
the New Era says, "the question of Bank or no
Bank ,cas net fairly before the people at the last
Presidential election then where is the 'uae9tiro-
cal manifestation of public opinion in its favor =
Was it in the Presidential election 1t is contend
cd by many that the question was involved in that
contest and if So the decision has been agains' it.
Cen Harrison was to say the least of it, doubtful,
as to the power of Congress to charter Bank, and
John Ty lcr has uniformly opposed one, both on the
ground of expedency and want of constitutional
power. But if there had been an "unequival man
Hesitation of public opinion in its favor has the
experiment been fairly tried, to ascertain whether
the financial operations of the Government cannot
be as well carried on without the aid of National
Bank!' We think not--thc Sub-Treasury system,
up to the time of its repeal, answered well the pur
pose for which it was created. No objections
made as to the manner in which it performed its
functions but the objections 10 it were that is dis
pensed with the use of Bank, and therefore the
public money could not be used as basis upon
which stockholders and British bankers could issue
their promises to pay. Toreguate the currency and
to facilitate commerce, the reasons which the
wings urged for the establishment of Bank, and
these are reasons which Gen. Harrison said would
not authorize it. Then wherein has Mr.. Tyler
strayed from the path Of duty, marked out by
Gen. HARRISON!