Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1841-09-16
WeraI0 Of the TtnI { q
~ ID w ip o D Ws
THURSDAY, SEPTEMBER III.
THE VETO.

| On our first page will be found President
TrLER's Veto, No. 2, on the Bank Bill
Though a confident hope was.entcrtained by
many weit mfsrmcd a, head quarters, partic-
ularly by the editors ofthe Intelligencer, that
President Tyler would sign the last bill, in
asmuch ms, in its present shape, il was thought
to be void Of the objections he made 10 the
first bill-tho result has proved otherwise,
and the dose must be swallowed, unsavory
rs it may be 10 all the friends and advocates
of On institution calculated to better the ex.
isting currency Of the country, which has
been rendered so immeasurably wretched by
the experiments" Of Jackson and Van Bu.
ren. As to the merits Of the message, il will
be seen the press in its anlmadversions is
pretty seyere-not less severe, however, than
might have been presumed or expected, IN.
der all the circumstances. Below will DC
found extracts from several leading jo,ssnals:
Il lYsom the New Yerk American.
| The VETo will be found in our COZ
umns. We now wait 10 hear from those
who introduced the condemned bill into
The House.
II I Mr.. Tyler reiterntcs His unmeaning
phrase about ga Bank Of the u. States
TO operate per se," as conclusive against
this bill, or, as il would seem, against
any Bank bin. What then did he mean
in the annexed paragraph in his inaugu-
ral Address
81 shall promptly give my sanction to any
unconstitutional measure which shall have Tor Its
| object the restoration Of a sound circulating
medium, SO essentially necessary to give conf
dence in all the transactions Of life, 10 secure
industry its Just aud adequate rewards, aud 10
rc-esiabIish the psblic prosperity. In deciding
I upon the adaptation Of any such measure to
| the end proposed, as well us its conformity TO
H the Constitution, | shall resort To the Fathers
Of the great Republican school, for advice aud
instruction, to be drawn from their sage views
of our system Of Government, and the light OF
their ever glorious example,
H Mr.. Tyler knows that friends and op-
ponents accepted this declaration as an
intimation that the Sever glorious exam
Pile" Of MIR. Madison in signing bill for
a United States Bank was referred to !;
for no o,her Of "the Fathers Of the great
Republican School"-since MIR. Rives
has excluded George Washington from
the list-ever had an opportunity Of CIV
ing an example on this subject.
In the first message to Congress, after
referring 10 the financial condition Of the
country, MIR. L. used this language:
H ITO you, then, who have come more directly
from the body of our common constituents,
/ submit the entire question, as best qualified to
give a fail exposition Of their wishes and opin-
| ious shall be ready 10 concur with you in
the adoption Of such system as you may pro-
pose, rcserving TO myself the ultimate power
| Of rejecting any measure which may, IN my
| view Of it, conflict with the Constitution, or
otherwise ieopnrdize ths power of the country
| la power which could not part with even il
H | would, but which will not believe any act
/ Of yours will call into requisiiion.'
Il lie submits to Congress "the entire
questions" rsserving the right to veto in
case Of absolute necessity and then, as
if iD explanation Of what he thought
might be done in the premises, without
any "conffict with the Constitution" he
| permits his Secretary Of the Treasury to
frame and submit a bill to Congress,
which did, in fact, embrace all the pow
crs comprehended in the bill now retocd
which did, in fact, constitute n Bank
to operate psr Sc over the United States.
Moreover, il is susceptible Of proof ir-
refraguble, that to members OF Congress,
merchants, and other casual visitors, MIR.
Tyler again and again declared his viii
lingness, nay, his anxiety, to sign Mr..
Ewing's bill. And yet Mr. Ewing's
bill contemplated bank Of exchanges
and circulation, and Of agencies indepen-
deniy of the consent Of the States where"
in they might be established
II went even further. II invested Con-
gress with power to establish Offices Of
Discount and Deposit, without the con-
sent Of the States as witness this clause
| Of the last section Of the bill /:
Il "And it shall not be deemed any infringe
mcnt Of the privileges conferred by this Act
for Congress to direct the placing of offices of
discount aud deposit in any such places as may
be necessary and proper for the colectop,
safo.kceping, and disbursing of the public reve-
nue."
In its details too Of subscri p,ion, &C.,
il had all the charactorisiics Of the bill
which is now rejected.
II Mr.. Tyler talks Of having been "ready
10 yield in u spirit Of cancellation 10 9TH
crs." How has this been shown? Not,
surely, by the language of the first Veto,
| in which terms Of insult and derision were
iavished upon that clause OF the bill
which he knew was introduced only MS n
comp promise, and in the spirit Of concilia-
ton townrd him. This was Justly deem
ed "a grievous wrong to the friends who
had foregone their own opinions, in order
to propi,iate his, and was compared most
aptly by a Virginia paper to that net Of
ireachrry, from which declared enemies
even shrink with horror, Of "fring into
n flag Of truce"
But "consciencen nyc, "conscience! %
,I there's the rub. The Presidents con-
science would not permi. his signing the
bill.
I'll From the United State, Gazette.
III, Comparatively, the present Veto is
far superior 10 the former. Its tone IL
more respectful 10 coordinate branch
of the Government, aud more explana.
Ia. r Al. A 4. Il. I.s