The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1841-08-21

state, where they may find 1t conducive
10 the inter est Of the stockholders to do SO;
and having once established it, they can,
under no clrcum 'tances, withdraw 1t, eX-
by act of Congress. The State may al
forwards protest against such unjust i'll
tcrlcrcncc-but It's authority is gone.
Its assent is implied by its failure or
inability to act at It's first sess on. and It's
voice can never afterwards be heard. To
differences 50 violent, and, aS they seem
to me, irrational, | cannot yield my cou
,cnt. n court OF Justice would or could
sanction them, without reversing all that
IS established IN Judicial proceedings, by
introducing Prescriptions at variance with
fact, and differences at the expense Of rca
would be presumed to speak as an indl-
vidual, manaccd and III prison might be
presumed to be in the enjoyment OF free
dom. Far better to say to the State bold
Iy and frankly, Congress wills, and sub
mission is demanded.
1t may be said that the directors may
not establish branches under such cir
cumsl 'nccs; but this is aqucstion Of pow
rr, and this bill invested them with full
power to do so. II the Legislature OF New
York, or Pennsylvania, or any other
State, should be found to be in such IL
condition as have supposed, could there
be any security furnished against such Il
step on the part Of dirCclorsl Nay, is II
40, fairly to be presumed that this pro
vision was introduced for the sole pur-
pose of meeting the contingency referred
to} Why else should 1t have been intro
rcl! And submit to the Scnat', Wheth-
or it can be believed that any State would
be likely to sit quietly down under such
IA state olthings!
In great measure of public interest
their patriotism may be successfully APP
! pcalcd to but infer their assent from cir
cumstances at war with such inference,
cannot but regard as calculated to excite
4 feeling at fatal enmily with the peace
and harmony Of the country. | must
there 'O.c, regard this clause as asserting
the power to be in Congress to cstabl sh
Offices of discount in State. not
only without its assent, but ar sinSt its
dissent, and so regarding it, ] cannot sane
ton it. On general principles, the pow.
CT and control, dcprIyc5 the transaction of
all prccnrc to compact between them,
and terminates as we have seen, in the
! total abrogation of freedom Of action ON
| the part OF the States.
But further, the STATE NAV express after
/ the most solemn form OF legislation. it's
dissent, which may from time to time
thereafter be repeated, in full view of its
own interest, which can never be scpara-
ted l'om the wise and bcnicicnt operation
of this Governments; and vet Congress
| may. by virtue Of the last rroviso, cvcrnlc
/ lis law, and upon grounds which. TO such
State, will appear To rest on n construC-
tjycmccrssi'v and proprlcty, and nothing
morc.
regard tho bill as asserting for Com
gross the RIGHT TO incorporate u Inpcd
States Bank; with power and right 10 cs-
tabliSh offices of discount and Grposic in
| the several States Of this Union, with or
without their consent. princIplc to " hich
have always heretofore been opposed,
and which never can obtain my sanction
And waivng all other considerations
growing ont of its other provisions, re-
turn it to the House in which it originated
with these my objections to il approval
JOHN TYLER,
WAsUuyGroI, .}"G1T lG, ISL.
OBSERVATION-DISCLOSURES