Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1841-09-21

4 We cannot better express our own sentiments In
relation to Mr.. TYLER's Veto of thu Fiscal Corpo.
ration, (which vii! be found Oh the preceding page
than by copying the subjoined article from the New
York Eyening Post.
When first took the Message in hand sye
were pleased 10 see that j; possessed the commend
able quality Of being short; bat when had read
1t we wished 1t had bSen lite shorter.
Mr.. Tyler exposes very well the absurdty Of
which those are guilty who would make the Presi-
dent mere machine for signing the bills passed by
a majority IN Congress. particularly if they be OF
the same party with Misunderstanding that ne is 70
take their decision for that Of the people shut h
eyes TO all infractlons of the constitution which
the bills may contain and write his approval under
them. Such doctrine, tie Justly remarks, ab-
rogates he veto power, and makes the official oath
mockery.
lie also takes Just ground in saying that the
corporation winch lie Is called upon to approve,
though nomlnay established in the District of Co
lumJa Is, in fact, en- Incorporated bank for all the
nlon--not a local but national Institution with
trading privileges designed to De exercised in every
state with the power II control the money market
every where by its agencies. and capital common.
surate with the ubquity OF It's transactions. He
meets, as We had hoped he would, THIS attempt TO
disguise national bank under the shape of a local
corporation, with decided and firm denial. though
he might have used phrases strongly reP-obat-
ING Tins fraud upon the constitution.
so again, the objection that this bill is bat the
scheme OF bank OF local discounts. uncer the shall
low pretence Of being bank for the transaction of
exchanges Is well taken. This, in fact IS so o5vi-
that the friends OF the bill have never denied IT,
No man, either IN out OF Congress has been bold
enough To risk hls reputation Tor common sense bv
the slightest attempt 80 show that this " fiscal cor
pUratlon" not absolutely bank of discounts as
the fiscal agent which Mr.. Tyler rejected three
weeks AGO.
Ii this had not been a staring, stubborn fact, not
TO be denied, not to be explained away not to be
winked out of sight by the most violent stranng
OF the eyelIds, rely upon 1t, some sophistry would
have been made use of TO Disguise it. All sophistry
however IN so plain case was hopeess-there
stood the fact, palpable 4 mountain, and yet III.
Tyler expected by the wing party to ackuowl-
edge himself destitute either of honesty or Of under
standing, by overlooking it and approving under
another name, the measure he had Just pronounced
unconstitutional.
What Mr.. Tyler says of local discounts under the
form OF bills of exchange drawn at New \ ork on
Jersey City, or at Philatephia on Camden Is true
enough but bills Cf exchange drawn at New York
on New Orleans, or at Philadelphia on Charleston
or Boston, and sold to the banks, may be equally
used as means of local accommodation and when
kite flying in fashion much the most COM
mon and convenient method OF obtaining such ac-
coInmodatons.
That bank ought always to sell bills osexcaange
at certain price, without regard to the real value
OF exchange IN the market, an absurdity winch
We regret to see IN the message. and whcd shows
4 want Of clear ana just Ideas The question.
We said al the outset If cpr remarks that we
wished the message had been shorter The closing
passages deprecatlng tie hostility Of the VIII Q
party, and requesting suspension of their opinion,
we have read w,th pam and wished that thew had
been retrcnched IN the tlanuscrint. TLey are NOT
ours an officer rosoons.ble not To- CONGRESS nor 70
parry. but to the people- they a.c not worthy Of
man who could collect hImness to send back to
Congress Inc TWO Di!is winch they tired to force up
% , MAJ. o -
ciae,liy nr,ins, !, n,,or.i h,ri 49,, o,l, ~ nm.
In, m Substance A.. d,es r,t 80 10 -.
terms IN glich A., la. b.rs,,r,r, la,,o,l nj,
-, ,,.,,f,,,i,,, .,i 49, s.,1, -. -, c,,-r, h.
candurf 10 ms ancient and ,ra.,, c,.,ie, ,, -, -,
incoolpatibihiy with the constitution. IN rc.rsr,.
20 the schcn.c a.ch he would into Tor the in
deacndeIt treasury lN lately rcpealed H., ha. o,.,
IDENTIFY no very definite or 4, ,l ,,stured uoti /,
must be KIND OF sub treasury after all-far ma.
honal bank II cannot be-. I'm, he bas NOT settled
with himself rs form and details In regard to th,.
ar ,afesi difficulty &C his administration, ho 81
:. lime fir deer, AMI a. A,r,c r,iic.ion >, ,,ic has
been denied him II, III. midst of MS various and un-
exnected lab rs ana utin9tps Tim, ha u.,l ,,r,a~,
himself on this question for the next reoular Session
OF l,onrrcss
The kind # fiscal arar, ho ,voulI hove "a ON.
which - without vialasl,s the c,,,tit,tio. wound
separatc the public money from the ,xeciriye con-
ltrol. and perform the o5crl.ions Of the treasury
without BENZ bnrtienso.c 70 the pcop,e or exDen-
siye To the GOVERNMENTS 70 these conditions ~,
democrat viii object. We thon~ht they were a..
tanned in the independent Treasury law: and we
shall be clad 10 see any o.ber measure = lopted
which keeps them equally IN slrh,'
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