Bloomington herald. [volume] (Bloomington, I. T. [Iowa]) 1840-1849, 1841-10-08
Mr.. Van Baren's Reply.
KINDrRHooK, Sept. 4. IL

KINDrRHooK, Sept. 4, 1871.
= GENTLEMEN-l have received, with much
satisfaction, your letter communicating 10 me.
by the direction of Democratic Convention
held in the City of New York, copy Of ns
proceedings, in which the conduct of Mr.. ".
Ter, in placing his veto on the Fiscal Bank bill,
is highly approved, and the repeal of the In
dependent Treasury system decidedly Con-
demned.
The compliment paid to Mr.. Tller by th
Convention, for what has already been done
was well deserved; and If, as there seems 10
be good reasons to hope, he shall complete tn.
work 50 wisely begun. by disappearing tho
bill for the creation of Fiscal Corporation
he will be entitled to the thanks Of the country,
No one can fail to see, that the provisions Of
the new charter are not only in all respects a,
Objectionable as those Of the former, but hsy,
in addition been made to assume form in6n.
itely more offensive to sincere state rights men,
That the institution proposed TO be established
by the first bill would have been corporalion
as much as that embraced in the second, Is
certain. Why then, it may be asked, was the
name changed from Fiscal Bank 10 Fiscal
Corporation, if it were not to meet the conslL
tutional question more fully in the face, and to
assert IN broader and less equivocal terms, the
general authority Of Congress to establish col.
porations, with power to operate in the states!
A grant of power to Congress to establish
corporations, was, it is well known, 10 express,
terms refused by the convention; and the al.
seRce Of such power was distinctly urged
by MIR. Jefferson, as the prominent ground Of
his opposition to the establishment OF the frs,
bank. To meet the otherwise 0nanswerabIs
argument, founded upon the recorded fact Of
the refusal of the Convention to grant this
power, it was urged by The federal school, that
in constituting the constitution, they were not
to be controlled by the intention of the Con-
vention which framed, and the people who a.
dopted it, but were at full liberty to put upon
it that Interpretation which the words of ,hs
instrument would, in their opinion, justify
A better device to strengthen this heresy. "
anti-repubican in its character, and 80 destruc.
tive Of the best rights of the people, could DOT
well have been conceived than that which Z
to be found in the phraseclogy Of the secondh I
1t would doubtless have been emineD,y at
vantageous to the country, if there had a|s
been concurrence of sentiment between h, \
chief magistrate anc your convention, in res
pect to the Independent. Treasury, and olha
important measures which have been acted W
on by the two houses at the present session
But in expressing their appreciation Of the /
good which he has done, and in regarding with
indulgence his conduct on points in relation to
which the convention differs from him, The
members have only given effect to the prinst
Piles by which the Democracy of the UNITED
States have ever been governed.
Every public servant whose intentions an
pure, can always rely upon receiving at thsn ]
hands. respect for his motives and just cred
it for his acts whatever may be the charac'H
Of their political relations with him, and how
ever much they may differ from him in oha !
respects. NJ. VAN BUREN,. 4
Messrs. GARRlr and PATTERSON.