Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1841-09-16

rfSOn, unuer whose banner we all rdllted IN .
late political contest, declared hmseIf that g
VETO was the conservative power of the Cons,
tuition provided for three cases first where the
was violation Of the Constitution; secon,
where the rights of the States are invaded; ant
third, where legislation has been hasty, and will
out due deliberations. All these three considers
tons unite in the case of the present BILL In tn
Presidents view, it violates the Constitution,
disregards the rights of the States. and it ha
, becnp passed without allowing time for suficien
manifestation of tho popular will. But i go fur
Their, and ask, has the bill received the sanction
even ola majority of the Representatives in Con
gress on that characteristic feature of the bill
which the President complains of? say that 50
far as that particular clause-the distinguishing
one of the measurc-is concerned, the bill was
passed by minority of the whole number Of
members Of either House. Now, If other Presi-
dents have been sustained in rejecting measures
which passed by indisputabe and overwhelming
majorities, shall President Tyler be condemned
| Tor vctoing a bill which has not even the appro-
baton OF majority of either House Of Congress-
trust have shown that there is no ground for
lmputaton or complaint against tho President in
the high constitutional duty he has performed.-
The Senator from Kentucky thinks the President
iooked too much into his own heart In this case
out where else can an honest and conscientious
man look Tor guidance in the discharge of duty.
That good and gracious Being in whose namo
ne assumed the solemn responsibilities Of his
once having given him that internal monitor for
ms guidance, what ether was he to consult The
.''sordS'I', unooi arcl' 20 ~; soepnnsibiI-
ity 10 the country in all her great interests
and Representations, political, moral, ecoA
homical-has preferred TO act painful and I'M
welcome part rather than betray his duty to the
Constitution, which he had sworn to s'preserve,
protect, and Defend" Never were the motives of
public servant, in my humble judgment more
worthy of indulgence and respect. With this
conviction rooted in my mind, ] for one can new
er consent to hear his conduct impugned without
m runlnl Iph IAC,
The Senator from kentucky-with no small
dramatic elect--applyng the language of the p
president, in relation to his own case, to the dis.
similar one of Madison, asked, il James Madison,
by signing the bank bill Of 1916, had forfeited
the respect Of all virtuous men : 1t is sufficient
to say, as have already shown, that the crcum.
stances under which Mr.. Madison acted whether
reference be had to his personal opinions or the
public opinion of the times, were entirely differ
ent and the language of the President there
fore, quoted by the Senator from kentucky, cam
not, by any violence of implication, be consider
ed as casting the slightest censure that venera
able and venerated name.
ibeg leave to be INDUCED with word or two
as To the course 1t now dcvolves upon us to takes
The Senator from Kentucky says he hopes we
shall go OIL and perfect new bank bill. While
avow myself willing, if such bill shall be pre-
sented as my judgment can approve, to give it
my opinion, we shall better consult our duty to
the country and the subject if we do not attempt
second bill at this time. 1t is great, diff
cult, a complex question. 1t is question OH
which the country is more divided probably than
on any other; especially as to the form which
bank shall assume. / may concede, if YOU
please, that there is majority in the country in
favor of fiscal institution of some kind, and
which shall render some incidental assistance to
the currency and the exchanges Of the country;
yet, as to the form OF the institution its powers
its capital, and all it's Details men are more divi-
ded In opinion than about any thing else. No
project has as yet received the support of ma
Jonty either OF Congress or of the People. Tho
presses even which support TIC Afat 1t would
So anSnseiS "soSp9fave and its loss is calamity
worn ont IN m,uS 9 Ghd as f6g o %he se are all
bors in these dog-days, be called upon to make yet
another disastrous experiment? / say to this
side of the House, and l would say to the other
side, Gf could be permitted to do so without
treason to party,) shall we, at this moment, with
all the evidences OF extensive dissidence as to
such measure before us, rush on blindfold, and
in triple haste seek to get up another crude scheme
for the finances of the country? would respect.
fully say, If prudence is to have any thing
to do in guiding our councils, would say again,
no. Mr.. Gallatin, in his late admirable pamph-
let on the currency, says, most truly, that Bank
OF the United States, from its intrinsic unpopular.
ty and liability to abuse, is subject which, above
all others, ought to be acted ''with great caus
ton and due deliberations Mr.. Appleton. too,
than whom no man has evinced greater acquain-
lance with the whole subject, tells us that ssthe
| establishment of Bank of the United States is
the last thing TO be done in haste OF as a nero
party measure" never will agree to act upon
any measure touching the great and vital interest
oil the currency as party measure. We are en-!
| titled to the joint wisdom of the whole People;
and every part of them, in adjusting this great
common interest. Let then, for the present;
! pess the subject by. One bill has been rejected
f, by the President, and has failed to command this
appreciation OF a majority of either House of Cons
gress. Many Wings are, to my certain knowl.
edge, at this moment heartily rejoicing in the de.
! feat THAT measure ! have in my pocket let
| ter from eminent Wing financieer congratulate.
| ing the country on the less the bill. We have
done much in repeating the Sub-Treasury. We
have thus taken an obstacle out of the way of the
resumption Of specie payments; for il has been
most truly said that that system wrealed its veni
geance only on specie paying banks. while TO
those which did not pay specie its requirement of
bullion was matter of indifference. Where is
the gentleman who will not admit that the incor.
poration of National Bank will, for the time,
operate as obstacle to assumptions On that
, point refer gentlemen again to the able pamph;
let of Mr. Appleton. ] would prefer, indeed, that
some temporary act be passed limiting the dis
erection lei. to the Executive in relation to the
custody and management of the revenue. But il
we cannet agree on that, let the question be
adjourned-let take time for deliberation--for
refection-for comparison of views. Let us call
in the aid of practical men. Let not attempt
to arrange in haste the details of such an institu-
ton on mere theoretical party principles but