Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-09-25

! tlcn though You at one time told me thar, IL 9
: wing your sanction 10 the bal, you would accom-
pany 1t with an explanation Of your Understandable
of that first clause.
In this condition Of things, though greatly L
GREETED your the bal passed the t~
Houses of Congress, aud though | foresaw th
/ excitement and egita;ion which It would produc
among the People, yet considering tho change
which the bill had undergone ia its passage, an
It's variance from the one YOU had a eed 10 sane
ton, | could not find in that enough to distur
the confidential relations which existed betwee
| was disposed to attribute this net, traugi
with mischief as ii was, to pure and honorabi
motives. and to conscientious conviction on you
part that the bill, in OF its provisions, con
nicted with The Constitution. But that opinion
of Your course on the bill Nhieh hns Just been re
turned TO Congress with your second veto, | q
not and cannot entertain Recur TO what ha
passed between with reepect to II, md you Wi
At once perceive tina, such opinion is Impossible
/ On the morning of the 10th Of August, ] call
cd at your chamber and found you preparing tn
first veto message. TO be despatched 10 the Sen
ate. The Secretary of War camo ia also, ant
you read portion of the message to Us. Iio ob
served that, though the veto would create rFea
sensation II Congress, yet he thought tho mind
Of our friends better prepared for II than They
were some days ago, md he hoped 1t would b'
calmly rccei. ed, especially il did no. shat cut
all hope Of bank. To this you replied. Tint yot
really thought there ought 70 be ~ difficulty a
bout it, that you had sufficiently indicated in yGui
veto message what kind Of bank You would ap
prove, and that Congress might, If th2y saw fit
pass such one in three days.
Tho 18Th being the day for our rcgulnr Cabi
net meeting, wo assembled, all except Messrs
Crittenden and Granger and you told US that you
had had long conversation with Messfs. BerrloE
and Sergeant, who protested 10 come IN behalf q
the Wings of the two Houses to cudoavor to strike
out some measure which would be generally nc-
H. b,l hon ~
propTiety Of conversing with them yourself, and
thought i, more proper that you should commune
with them through your constitutional ADVISORS
You expressed a wish that tho whole subject
should DO postponed till the next session Of Cen
gresa. You spoke OF the delay in the Senate OF
the consideration Of your veto message, and OK
pressed anxiety to the tore aud temper which
The debate would assume.
afr Rsdror sid ttsat inquiry be was happy
TO find that tho besl temper prevailed IN the two
Houses. He believed they were perfectly ready
take up the bill reported by the Secretary oi
the Treasury, and Pnss It at once, You replied
Talk not TO Of Mr.. EWing's bill; it contains
that odious feature of local discounts which
have Eepudiatcd IN my mcssage' Il then snld to
you, have no doubt, sir that the House, having
ascortained your views, will pass bill in con-
!ormily 10 them, provided they can be satisfied
that it would answer the purposes Of tho
Treasury, and relieve tho country You then
said, Cannot my Cabinet that this is
brought about? You must stand by in this
emergency. Cannot you see that bill passes
Congress- such as can approve Without inconsls
toncy?' | declared again Fng koliof ihat such q
bill might be passed. And you lEan said 10 me-
What do you understand 10 DO my opinions
State them. tia; / may SEQ that there Is NC
misapprehenson about them
then said that understood you IL 10 Of opia-
ion that Congress might charter bank in the
District Of Colursbiu, giving II its location here.
a. -. 49,.
ize such bank to establish Offices Of discount and
depasiio in the several States with the assent OF
the States. To this you replied, Dom, name dis
counts: they have been the source of the most
atominab!c corraptions, and are wholly unneces~
sarv to enable the bank - discharge it, duties 10
The country end tho Government"
| observed 10 reply that | was proposing moth
ing, bu. simply endeayoring 10 state what had
understood 10 be your opinion to the powers
which Congress might constItaIlonslly confer on
bank; TINT tia, point | stood corrected.
then proceeded TO say that understood you 10 be
Of opinion that Congress might authorize such
bank TO establish agencies in the several States
with power 10 deal in bills OF exchange, withou,
the assen. of the States, TO which you replied
"Yes. if they be foreign bills. or bills drawn in
one State and payable ID another. That Is all
the power necessary for transmitting the public
funds and regulating exchanges aud the cuFren
cy."
Mr. Webster then expressed, IN strong tarn.s
his opinion that such charter would answer all
just purposes Of Government: and be satisfactory
% the People; and declared his preference for IT.
over any which had been proposed. especially es
il dispensed 9Th the assent Of the States to the
creation of On institution necessary for carrying
on the fiscal operations Of Government. He e1
arniued it ct some length, both IS TO It's cons!ltu-
ti0nalIty aud its influence on the currency ana
exchanges, 10 al! which views you expressed
your concurrence, desired tina. such bill should
be introduced, and especially that il should 60 in
10 the hands of some of your friends. To my
inquiry whether Mr. Sergeant would be agreea
bic to you, you replied that be would. You espe
/ cIally requested Mr.. Webster and myself to com
muuicate with Messrs. Berrien and Sergeant or
The subject. 10 whom you said YOU had promised
to address note. but you doubted not that thu
personal communication would be equally satistac
torv Yoo desired US, also in communicating