Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-09-24

: " TTT
my place. There were other, and sumo OF them,
processing causes, for such course, which many
will regard sufficient Of themselves; ana which
could not have been overlooked. BUTT was posi-.
bic to explain remove them, aud therefore they
Were not promptly acted upon. 'rhe last act of the
President, however, was conclusive Of the true
chrrlcer of all the other circunstan
ces which Ind previously awakened curiosity eX-
cited dISltust.
| shall, al my leisure, state the reasons moro nt
large which impced me 10 the course have thought
proper TO adoTt and at the same time furnish a
rauye O all the causes, so far as they fell under my
observation, which have resulted IN the separation Of
MIR Tyler from the party which brought him into
power, and the breaking up OF the Wing Admins
triton.
| am, respectfully, your Obedcni servant,
JOHN BELL
Mcssrs. GALES & SEAroN.
STATEMENT.
| called TO see the President on official business
on the morning Monday, 10th August before the
Inst Veto Message was sent IN. | found nun read
ing the Message TO the Secretary OF the Treasury.
lie did me the honor to read the material passages
10 me. Upon reading that part OF /; which treats OF
tue superior importance and value of the business
done by the late Bank oGthc United States IN fur.
nshins exchanges between the different States and
sections Of IN. Union, strongly impressed
with the idea that Ic meant 10 intimate that he would
have no infection Il bank which should bc re-
st.ictel TO dealing; in exchanges, that interrupted
him IN the reading, aud asked If was to understand
by what ho had Isl read. that he was prepared TO
give has assent to bank IN the District OF Cn!um.
biz with silices ur agencies IN tie States, having
the privilege without ;hcIr assent deal IN cNchan.
ges between them, and IA foreign bills. He prompt
Iy replied that he thought eEpcr ence had shown the
necessity OF such power IN the Government
could not restrain the Immediate expression OF my
qualification upon hearing this avowa. | said to the
President at once, that what had feared would
lead To fatal disSensIons among our friends now
g,rded a, rather fortunate than otherwise; that his
80. ILL 49, hntnr 4 H-.l
adoption Of much better one. also congratulated
him upon the happy circumstance OF the delay which
had taken place IN sending in his Veto Message.
The heat and violence which might have been cx-
pcctcd # the Veto had been sent in Immediately up.
the passage Of the bill would now bc avoided
Time had been given Tor COO reflection and as the
Message did not exclude the idea OF bank IN some
form, no unpleasant consequences would be likely
TO follow. He expressed his great surprise that
there should be 50 much excitement upon the sub
ice; said that he had had his mind made up on the
EIli before HIM from the hrst, but had delayed his
Message that there should be time Tor the excite
mcnt To wear off; that nothing could be more easy
than 10 pass bill which would answ or all necessary
purposes; that il could be done in three days. The
day, having occasion 10 see the President again,
he requested me TO furnish him with such nforma.
ton as the War Department afforded OF the embar-
rasgmentS attending the transfer and disbursement
Of the public revenue distant points ON the from
tier, Florida, *. He at the same tire requested
me to draw mp brief statement OF my views upon
the suffice, showing the practical advantages and
necessity Of such fiscal Institution he had thought
Of proposing. Such information as ! could hastily
collect fom the heads Of the principal disDursin.
bufe ofihe Department handed to him on the
evening Of the same day, knowing that time was of
the utmost importance the state IN which the uucs
tol then He received the statements gave
hun with manifest indifference, and alarmed me 10y
Tcmar!,lng that he began 10 doubt whether he would
give his assent (is | understood him) oany bank.
The next day "wednesday, 18th August) was the
cd i,~t - nj he "a,
with the President. Mir Webster, Mr. Ewing and
myself, went ut ten o'clock in the morning, and
were Informed tlat the President was engaged with
Ncssrs. Bonicn, Sergeant, and think, Mir Daw. on
OF Georgia. We waited until they retired, and the
President made his appearance about three quar-
tsgs of an hour Afterwards. Mc Badger came IN
after tic President joined ms. Mcssls CrIttcn-
den and Granger did not attend The conference
which ensued was a long onG-lasting two hours al
least, according to my recollection. | cannot pTe.
tend TO detail all that was said; neither an under
take to give the language mplOyed by the President
upon every point, noro the members Of the Cabinet
only state the s"1slonce OF what was said up.
on those points wh:yh mos, attracted my attention
The President commenced by stating that he
lad been waited upon that morning by Il commit
tee Of Members Of Congress- who desired 20 know
his views upon the subject Of a bank-such one
NJ he could sanction. He had given them no salts.
faction upon that subject, but had informed them
Iult he would FIRST consult with bis constitutional
Ndviesrs-hls CaunCt-thrOugh whom he thought
cl;ed. lie asked the opinion of his Cabinet upon
the correctness Of the ground he had taken; remark
Ing NJ the same time, that the habit OF EXPRESSING
his views to Members Of Congress uron subjects
Of so much interest subjected him to great emblr-
TlsSment and much Misrepresentation. That quos-
ton being disposed Of the President adyerled brief
ly, but without much connection, 10 the relation in
which he stood 70 the Bank question: and his dis
position 20 go AS far as he could 10 comply with tho
wishes OF bis friends. lie spoke Of the relation tina.
existed between him 1ud his Cabinet, and how ne.
c,ss8ry % was that be should have their support.
Wuu.d they stand by him lie much preferred
that the whole subject should Toe postponed unit
the next session; NU' Or twas necessary no act now
he thought plan might Do devised which. WIN
thcir co operation; might be carried through. lie
wondered why the Senate continued ty pusfDprr
ncIng upon his Veto Message, which WINS vet "a
Doc disposed Of. lie supposed ii might be 10 hold d
a. rod over his head; and had some doubts yyheth
Cr o. was proper that no should consider further no
nm tho subject until the Senate had decided villa
tey would do with the uI.I then before tneu
5ouo one prCsen, assured him that 'le u0stU.Ur.
mont o.. the question pcudUngiu tho Senate WIS in
tended TO give time Tor reflection, and 20 prevent u
Incorporate debate.
The President then gave fhc outline Of such
hank or fiscal institution as no thought he conf
sanction. 10 was 90 be 900 tho District OF CJ.Imb "a
TO have the privilege OF issuing its own notes. no
o-,vo moneys on dopos.to and TO deal ~ bills q
exchange between the States and between the T.
States and foreign States. But be wished Co hgv
81 tency and reputation must be looked tY. Io con
tlIcrcd his Cabinet his friends, who must stand b.
and defend whatever ho did upon the subject II
appealed particularly 20 Mr.. Webster for bis opn
ION upon the point OF consistency: and whotht
there was not a clear distinction between the oil
Link ol the United SatCs-a bank OF I.couut an
orposItC-and the one hc now thought Of propO,
ius md whether the constitution. question wa
MT different. lie reminded us that Dob "a his TOT
mor speeches and reports, no had taken the .roun
uut Congress had no constitutional power 10 char
tra bank which had the power Of local dIscoun
N.r Webster pointed out the distinction uetwtc
i.e two plans Iu manner which appeared To D
satisfactory 90 him The substance OF wha. he sal
wa, us understood him, No follows: lie had a d,
ciied preference ior bank upon the plan then pro
posed Over ciihcf ~ those which had been prcviOusI
spoken Of. lie reminded the Prtsdon that ho ha
expressed his preference Tor a bank which shOuI
b. restricted IN rs dealings to bills OF orchang,
when certain gentlemen from tho city Of New Yo.
were present several weeks before. lie then thoug h
a. be- did now, that IL would answer aIl useful gur
poses. One ground OF this preference was, mad
hud gfesv.weight with him, that the plan did o.,
contemplate tho consent OF the States os, in an
way OF at any Time, necessary 10 its existence or Of
soucy. Ia thought the plan proposed al the con
D cnccmcnt Of the sesslon, generally known as NJ