The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1841-09-16
[ NUMBER 81.

I may tie permitted TO ai,ule 10 passage Of
the secret political history Of the times,
vail state that | have been informed that
the assent Of The Staies TO branches within
their hints was a layoriie aud fundamental
idea with hin, in the organization Of such
on institutions. THIS information, at least,
has been communicated 20 me By gentle.
ulen " ao stood 10 relations uf ,le most 10.
Innate caU!ilcuco gi,h Gen. Harrison, one
Ot whom was q member OF the committee
7 Hho cane 10 this city 10 perform the melan.
cao'y daty Of attending the remains Of tie
deceased President 10 their Eaal resting
place at North Bend.
. | think it is abupdaully demonstrated
thai there was 10 such issue as bank or no
bank presented to the nation IN the late Pres.
.9suaal election. Aud even il Il MAS other.
Wise, the well known opinions Of Mr.. Ty.
Ter as candidate sor the ice Presidency 10.
ing not only unrecaaled, but, on the contra.
/ ~, 10 affirmed, he al least was under no
pledge, express oc implied, to glyo his sane.
ton TO an institution which he believed to
( be Unconstitutional The question has Leen
raised bcTe whether lie vI sanction any
ofganl2 ten IN the aa!ufe Of a bank 10 con.
duet the fiscal lhalrs Of the Government
{ have no means Of Information on this sub.
( lec: which are no, common 10 other gentle.
mCu. From tue terms Of the Executive
message collect that, if some fiscal agen.
+ Cy can lie organized which, while its prima.
ry object is 10 conduct tie financial opera.
lions q. the Government, would incidental.
+. y aid 10 regulating the exchanges and cur.
rency Of the country, without infringing on
( the sovereignty and reserved rights Of the
States, be would deem such an institution
/ Legitimate and constitutional. Such an in.
sttiuuna, infer from the message, would,
/ IN his view, be a very dilIareat thing from
the former money lending, trading, specu.
la'ing, stock joLbi0g Bank of the United
States, ruling aad riding over the institu.
( lions and sovereignty Of the States.
The Senator from Kentucky infers, from
/ the message, that Presideu. Tyler would
not have sanctioned the bill had il been in
q modified and restricted form, so as even
( to require tie assent ofthe States.
/ Mr. Gay said he uust here again in.
/ terPose. He felt very sure the honorable
/ Senator did not intend 10 misa;c any thing
be had SAID. lie did not say what the
/ President would or would no, do with re.
gard TO bauk limited TO the mere power
of dealing in exchange. lie had though,
that, IN respect to such bank, he would
not have required tho previous assent Of
! tho States, as the Senator nov said he
! would. But what he had sold was, that /:
must be manifest from the message that the
Pres dent would have vetoed such bank
as WAS proposed by the Secretary of the
Treasury.
Mr.. r. resumed. | am not authorized
to say VIVA, The President would or would
not have done in Hypothetical case, which
has not occurred, aud is not likely TO occur.
| conclude, from the language Of the mes.
sage, That, whether in reference 10 an ex.
change bank or a bank Of discount, if il
we're intended to be pushed beyond mere
fiscal agency, and was TO deal in exchanges
generally BY an extended operation through
branches 10 he States, he would hold the
lsseGI Of the States to be necessary. |
wish il, however, to be distinctly under
stood HAT ! do not say this by authority
of the President. Il is not necessary at
this time TO discuss the question what would
or would no! satisfy the views expressed by
him.
But the Senator from Kentucky, by way
Of picuring 10 US, in holder relief, the re.
be.ious coulumacy Of the President, says
that his veto Of this bank bill is against the
general sense Of the country, against the
sill Of Congress, and against the unanimous
sentiment Of his Cabinet.
Mr.. Clay. am the last man TO sup.
pose the Senator purposes TO mlsrepresent
me; but he will recollect that, IN speaking
on that sublect, | used the most guarded
language. Three or four times repeated
that spoke only according to the voice of
rumor when | stated that the veto was
against the unanimous opinion of the Cab.
lnet.1
Mr.. r, The Senator most certainly did
refer 10 the unanimous opinion of the PresI.
dents Cabinet.
Mr., Clay. To rumor, as stating it vas
unanimous.
Mr.. e, To rumor, then. It's imma.
torial 10 me in what form he stated it. OBJ.
servant as tina, Senator usually is of the
deEcacv duo to the official relations Of the
Chief Magistrate, did he thiuk, when he re.
presented, even on the authority of rumCf,
that tho Cabinet y ere unanimously opposed
in sentjmen; to a high official &C. Of the
President, that the Chief Magistrate, whom
the Constitution makes responsible for all
the acts Of tho Executive Department,
should be oyerrued and controlled in bis
high ard responsible functions by officers
Of his own appointment, virtually lrrespon.
s,ble to the people but through him? Did
he suppose that officers, intended by the
Constitution as aids to the President, end
subordinate TO him, were to reverse that
relation, and erect themselves into dicta.
tors 10 tho President? | am persuaded
that those gentlemen themselves would DO
bo Last IN aesa,t anu surh