The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-08-12
The following IS 4 oar, Of lbe concluding par

The following is part Of the concluding par
agraph Of that report:
| "The committee have now fulfilled, as far they
able, the highly responsible duty imposed upon
them by the Senate. In the investigation which they
have made their only object has been arrive at truth
and to award justice. Their opinions upon the sub
ect Of the Bank are by the whole country known TO
be variant; by Of the members OF the committee
the opinion has been uniformly maintained, and con
iinues wholly unchanged that the creation OF The
Bank was vioatory of the Constitution; they would
therefore, desire the charter expire OTHERS oil
the committee entertain different opinions inthe main
tenance of which they have been equally infexibe.
In the Senate ofthe United States, February
"a, 1884, Mr. TYLER addressed that body with
his usual ability against the removal of the depo-
sites. His remarks, however, were qualified IN
the following manner:
81 am against The bank not because il deals in ex-
changes to the amount of $3.50, 100000. No, sir,
should as soon complain Of the ocean for furnishing
facilities of inter communication between distant ma
tons of the ships which bear the rich feghts OF
industry from our own to distant lands complain
ci,ies to the exchanges of the country. Nor am
insensbe the beneficial influences has had over the
currency of the country; but oppose because it is
unconstitutional, and that is enough II the
Constitution authorized its creation, no man. with the
experience of the past could well doubt the prorrety
of well-regulated and weIl-guarded bank due Iefe-
being had the condition of the banking sys-
tenn; but benefit, however great should lead to
| ~
ment in the manner pointed out by that instrument
Although system resting on the State banks for
It's execution can be well executed through the
agency of the United States Bank, yet, sir, ! would
prefer them TO acting without constitutional
sanction. If my opinion could have any influence
over the country my advice would be- restore the de-
posts and amend the Constitution. Such amend
ment Is called for by numerous considerations This
contest has continued long enough its agitation has
failed TO produce disastrous results whatever
affects the currency affects every interest OF society
Why shall this dispute be periodically continued; let
it be settled in way the other by the States
and settled permanently. The question of bank or
no bank has been always made a political stepping
stone-ambition seeks to vault into the Presidential
saddle through its influence. Sir II is the last sub
ec which ought to be handed over TO politicians
there too much Of distress produced by its agitation
the interests of the country too nearly connected
with the currency be eernaly made the subject of
| political speculatons. Another happy consequence
| would result peace and tranquility would he impar-
ed the public mind particularly to the South That
| region can never acknowledge the majority
principle in this Government that principle which
may a, it's pleasure elevate e1pedisncy above the Con
| llv will
found to operate when this subject comes to be exam
ined. Sir, no injury accrue by submitting the
question to the States Such States already
slider the power legitimate might adop, amendments,
with declarations to that effect in spirit of harmony
and Cancellation"
If we add to the history, what we stated some
time ago that Mr. TYLER has always been con-
sistent in his political conduct, and firm in his
purposes, the reader will be able to form an OPT
Mon as TO the probable result of his action upon
the measure before him, which will be as truth
full and useful for all tactical purposes, as
though he were looking into the secret thoughts
of the President himself If our friends can
peruse the history of Mr.. TYLER's opinions,
which half century has strengthened and ma
tured and then find in their hearts no charity
even for his apprehended course, they are less
reasonable, less tolerant, less kind, than we have
taken them to be-.
We are among those who feel the necessity of
an improvement in the finances and currency of
the country, and are willing to contribute 10 it
but we cannot share in that spirit which declares
that this particular mode shall be adopted, or
none shall be attempted. Nor do we appreciate
this identical measure so highly, as to place il
at the head Of all the important laws and inte-
rests Of the country, or even TO think that its
present failure will furnish sufficient cause for
a general explosion of parties. A party that
must split asunder upon the details OF single
BILL cannot often expect to be in power, nor long
hope to possess it when attained.