Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-09-01

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con,uIutional save in The ,yent that the NON 81,
/ eranicdp CcIgtess could lot he carried into eC
iect 'rtaoai such an irSUtItiou." That d,ra nos
| as must be clearly shown, or the power to ch =
| ter a bank did not CNi,t. Yet VIC arc rpw tod ~,
| John Tyler, 10y Gcceptn. the nomination or IA,
Convention A. heir candIN'e ioI nc Vice re de-,
| c., a, Nu-h rs opiniI Rgains; National B,rL
| n'd been fully and repeatedly pro- aIncd, and wers
borne on the most familiar records OF tic nation,
| history, incurred an unqualified Obligation To sisr
6ill for hank { the ln,ct States IL tie comm
@c'ty which has nude him, Ia the place Of the L.
msntCd Harrison, President Of the Uued States.
| am hrmly impressed witt the belief, Mr Pc
dent, thltr General Harrison were now liyins
aud IN the same Circumstances that surround Pre-
I dent Tyler, he would, like him, never WELD MS
sanction to the establishment Of branches % such n
corporation as this bill proposes within the limit, All
the several States, without their Tree and led
! assent In his letter to Shc.rod Williams he says
ladoptns the language OF Geo. jackson on a SINH
lar occoS.on) that he believed Bank of the IIni
ted States, competent - nh the duties which may
| DC required by the G ~vGrrment might be so or
s0nlzed as not 10 infringe on our delegated mowers
90 the rsSsrrsd rights Of the States :" ard If ner
The example OF the honorable Senator from Ken
lucky, may oc permitted 70 pludc TO a paSS,p, of
'he secret political history Of tic tines will s,,,e
mat have been informed ,dut the Assem-; offi,
States TO branches within their limits w~s f,yori,c
anu fundamental IDEA with him in tho organiz tito,
o' such an institution. This information al least
has been communicated u me by gentlemen VIII,
Stood IN relations oi the most intimate confidence
with Gen. Harrison, onc OF wnom was mcmbcr
oi the committee who came TO this city to perlorn,
the melancholy duty Of attending the remains Of
the deceased President TO their final resting ulac.
al North Bend.
think It is aJundaniy demonstrated that there
was o such Issue bank 1r no bank presented TO
the nation IN the late Presidential election. And
even 1t x was otherwise, the well known opinions
OF Mr.. Tyler "a candidate for the Vice Presidency
being NJ: only unrccarled, but ON the contrary re.
o.. u AT undo LII,
90 implied, 20 give his sanction to an institution
which he belize 90 TO be unconstitutional The
question has been ed here whether he will sane.
ton any organz ton m the nature Of tank to con.
duct the fiscal atidrs of The Government have
no means OF information on this subject which ore
not common 70 other gentlemen. From the Term
OF the Executive MESSAGE collect that # some fs.
cal agency can be stnlzsd which, while its prima.
ry otlec; is 20 conduct the financial operation, of
the Government, would incidentally ard in regula,-
ing the exchanges and currency of the country
without infringing on the sovereignty and reserved
rights oil the States he would deem such an institute
ton legitimate and constitutional. Such an lustu.
tnn, inter from the message, would, in his view
be very different thing from the former money
lending, trading, specializing, stock lObbng Bank OF
the United States, ruling and riding The ins,i-
tutlonS and sovereignty OF the States.
The Senator fiom Kentucky infcrS from the mes
sage, that President Tyler would not have sanction
Ell the bI! had II been IN modified and restricted
form, so as even TO require the of the States
mir Cay said he must here again irterpose
Tie iclt very sure the honorable Senator did not IN
tend To mState any thing he had said. He did
not say what the President would or would not do
with regard to bank limited TO the mere power of
dealing IN exchange. He had thought that, IN re.
spcct TO such bank, he would not have ourrd the
previous assent OF the States, as the S.na,or now
said he would. But what he had said was that it
must Ce manifest from the message that the Presi.
dcnt~ou.d have vetoed such bank rs was propos-
ed by the Secretary of the Trtasury.l
MIR K. resumed. am no; authorized TO sly what
the President would or would not have done IN e
Hypothetical case, which has NOT occurred and is not
likely 10 occur. | conclude from the Language of
The message, that, whether IN reference 10 an cx-
change bank or bank OF discount, fit Were intend
ed to be pushed beyond a mere seal agency and
waste deal IN exchanges generally 10y an extended
operation through branches IN the States he would
hold the assent OF the States 70 be necessary. |
wish It, however, 20 be distinctly understood that
DO not say this by authority of the President Il
Is not necessary at this time to discuss the question
what would or would not satisfy the views express
ed 10y him.
But the Senator from Kentucky, by way Of pic.
turin. TO us, IN UOdeg relief, the rebelliouS contu-
macy OF the President says that his veto OF this bank
OIL IS aga'nsi the general sense Of the country A.
sanSt the Wi. OF Congress, aud against the unani-
nous sentiment Of lis Calumet
Mr Cay. | am ;he last man 10 suppose the
senator purposes TO msTepresenl me but he will re-
collect thAt Iu speaking on that subject used the
most guarded language. Three or four times o.
pehed that spoke only according the voice Of
rumor when stated that the veto was against the
unanimous opinion Of the Caolne,.l
Nlr K. The Senstor most certainly did refer 10
the Indr'mons opinion Of the Presidents Cabinet
mir Clay. To rumor as stating 1t was unani-
nous.
MIR r. To rumnr, then. /. is immatcrial to me
IN what form he stated It. O1servant ~ that SEN
ator usually Of the de.iclcy due TO the Official re-
'aiions OF the Chief Magistrate did ne think when
ne Tepr, scented, even ON the authority Of rumor,
that the Cabinet were unlUImGusy opposed in zen.
unent TO high oficIl act OF the President TINT
the Chief Magistrate, whom the Constitution makes
responsible i'r al. the acts Of the Executive Deplr,-
ment should oyerru,ed and controlled IN his bigb
anu responsible functions by officers OF his own an.
pplnimeni, virtually irresponsible 10 the pgon hut
tnrousn him! DID he suppose that officers, intend
eI oy the Constitution aids 10 the President md
subordinate 10 him. were 10 reverse that relation
and erect themselves into dclalors TO the Presde,l
am persuaded that those gentlemen themselves
Wuu'G ne inc last TO assert any such pIetcnsIon.
But rs the question has ariSen / will for one s,v
that the President, in our system being alone re-
sponsIJC Tor his official conduct aud In a pecuI,or
and emphatic manner for the exercise OF the veto
power can lrgimateIy ncknow ledge no control i'm !
those nigh functions but that Of his own consci-
Cnce.
The Senator must be persuaded that nothing Is !
further from my Intention than TO msreprcsent his
sentiments; but the justice feel to be due 10 a bgb
oihcer, who has discharged Es President Tyler has
1''' q" '''S'i'" anu utepIJ ItSpOuslbe obligation 10
the constitution and 20 his country demands that he
should be shielded from the iuslnua,.on OF having
acted IN any manner in violation Of the claims Of
good faith 10 those who raised him. by their voices
TO his elevated station
The Senator minated that when offering his last
amendment 10 the bill, as a compromise he believed
that that amendment would be acceptable here and
e.scwhcre-iO the President as well as his friends
DO not know whence the honorable Senator dc. |
rived such On impression.
MIR C|ug. The Senator aon. ion ras.,,L,. ~
guige. ! said that did not know whe her the a.
mendmcnt would be acceptable or not; but that I !
hoped d, would prove acceptable no, only here but
elsewhere
have only to say, then, said MIR r., that can
see no adequate foundation for such hope in apy
OF The public proceedings connected with this bill
Let me " give the history OF the affair, as Il
appears 10 documentary evidence Was il not well
understood at the commencement Of our session
that there were serious constitutional difficulties IN
the Executive Department in regird TO an old.
fashioned Bank OF the United States7 Were po,
these difficulties plainly referred To IN the Report
Of the Secretary Of the Treasury And did not
The honorable Senator hImsc'fcil' upon that officer
for the details OF . plan which should be free from
constitutional dhcu.tcs1 Md was IL not under.
stood in1t the plan submitted In answer 10 tb,t call
contained the uNimaium Of the President after n
full consultation with his Official adyscrsg And
what was the sine qua uOH Boo that p.ang Was IL
not Ihe unqualified previous assent Of the States 10
branches within their iImrs2 But tho Senator will
not, am sure contend that his cguyrorniss amend.
mont $50 caI.9dl did provide iOran unqualified pre-
yIOIs assent Of the States.
The Senator complains o. the manner IN which
the Pre5dCn, has expressed himself in the message
Whatever, In some passages Of that paper NAV
seem 10 the honorable Senator f.yu X fgf.rLy ~.