The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1841-04-22
From Ire chnrleston Courier.
PRESIDENT TYLER AND A UNITEI
STATE RANK

+ PRESIDENT TYLER AND A UNITED
STATE BANK.
The position of Mr. Tyler, in reference
to a National Bank, which was to have
+ been the leading financial measure Of Gen.
+ Harrisea's administration, becomes highly
/ important now that the Presidency has de-
/ yolved on the former. 1t is very re-
markabe fact, that democratic commit
tee, in Virginia, anticipating the very con-
tingency that has happened, drew out Mr..
Tyler's opinions on this subject, previous
to his election to the Vice Presidency
In letter, dated Iienrico, Oct. 3, 1s40,
the committee, after promising as fol-
lows
Should Gencral Harrison be elected
President, almost al the age of three-score
and ten years, there i5 no extravaganza in
supposing, that the four years term, to
which he has been pledged BY himself and
friends, may be anticipated by the course
OF nature, and the Executive power be
hereby devoved on you. In contempla-
ton Of such casualty and yielding to
sincere anxiety to preserve our liberty and
happiness, we take leave TO request Of you,
prompt and explicit answers TO the follow
Ing inquiries -
put to him, among other questions, the fol-
loving:
9Th. Do you believe the Congress Of
the United States to be vested with power,
by the Constitution, to charter National
Bank Would you consider such an in
corporation, though warranted by the Con
stitution, as mischieYous in It's etiacls upon
the pursuits and habits Of our people; and
from the influence it would be capable Of
exerting, upon the Independence of our
elections Would you reto bull charter
ing a National Bank
To this question Mr.. Tyler returned
the following answer:
"5ih. In reply to the first branch of
your inquiry, quote and adopt the Ian
gusge Of Gen, Harrison in his speech de-
liyered at Dayton: There is not, in the
Constitution, any express grant Of power
for such purpose, and It could never be con-
stitutional to exercise that power, SAFE in
the erent the pcpers granted to Congress
could not be carried into effect without re-
sorting to such an institution. +" The latter
branch of your inquiry is fully answered
by my answer to the first part. The
Constitution conters on Congress, in ex-
press terms, all powers which are neces-
sary and proper" to carry into effect the
granted powers. CHOW, if the power
granted" could not be carried into effect
without Incorporating hank, then it be-
comes Unnecessary and proper" and of
course expedeut-a conclusion which |
presume no one would deny who desired
10 see the existence Of the Government |
preserved, and kept beneiicially in opera
ton. Whether | would or would not ex-
ert the reto, it will be time enough for
me to say when | am either a candidate |
for, or an expectant of the Presidential |
of which expect ever to
be. If your question had been 50 varied |
as to have enqurcd of me what course |
would pursue if elevated to the Vice Presi- |
dency, and Should be called upon to vote
upon bill for the Incorporation of Bank,
YOU should have had direct and emphatic
answer. As it is, | have only 10 refer
You to my speech delivered in the House
of Representatives of the United States in
1919, on the question Of a scirc iaclas
gainst the Bank, and my vote given in
the Senate of the United States in 1882,
ON the question of re-chartering the late
Bank"
We regard this answer as a full indlca-
ton that il tho exigeacies Of the country |
require National Bank, no constitutional
scrupIc will prevent Mr.. Tyler from sane
Iioning its charter-nay, that he will read
ly Weld TO the great and suffering int.
rests Of the country, in this matter, and
restore to il sound and uniform currency.
For our part, we hold that the recent whig
victory will be incomplete, unless 1t is
and crowned BY the charter
of National Bank. Failing in this, we
fear, it will fail, in great measure, to
realize its promised blessings to the coun,
try.