, 1841-08-28
BY US Mali.
THE VETO-at last.

THE VETO-aa last.
We are indebted 10 an extra from the Of
fee of the ST. Louis Republican, for the ".
to message Of President Tyler. We have
not more than space to make our most hear.
ty acknowledgements to Mr.. T. for Tn scs
of deliverance. We have faith to bslsvs
that It puts to- rest the question of Bank
during his term at least. N@ ss-sssas
MESSAGE
FROM THE Parsrprsr or THE UmrD SfArrs,
RrruaNo WITH ms OBJEsr1oNs, rnE Bur
TO INCORPORATE TIE FIscaL Bank o. fHr
UNITED Stairs, August Is, lsli. 80
The bill entitled IAN act to incorporate
the subscribers to the Fiscal Bank Of the
United States" which originated in the SEN
ate has been considered BY me, with the sin.
cere desire to conform by action in regard
to it, to that Of the two Houses Of Congress.
Bv the Constitution it Is made my duty, eth
er to approve the bill by signing it. or to re-
turn il with my objections. TO the House IN
which il originated. I cannot conscientious
Nv give il nv approval, and ] proceed to dis.
charge the duty required Of me by the Con
stitution-to give my reasons Tor disaPpro-
wing. .
The power Of Congress to create q Ma
tional Bank cooperate per Sc over the Union,
has been a question Of dispute from the origin
of our Government. Men most justly and
deservedly esteemed for their high intellec.
,ual endowments, their virtue. and their pa
~trio,isn have. in regard to it, entertained dif'
ferent and conflicting opinions. Congresses
have differed. The approval Of one Presi.
dent has been followed by the disapproval Of
another. The people. at different times,
have acquiesced in decisions both for and
against. The country has been, and still ID,
deeply aeitated BY this unsettled question.
II will suffice for me to say, that my own
opinion has been uniformly proclaimed 70
be against the exercise Of such power
by this Government. On all suitable occa-
sions. during a period Of twenty-five years,
the opinions thus entertained have been IN
reservedly expressed. ! declared it in the
Legislature Of my native State. In the
House of Representatives OF the u. States
it has been openly indicated by me. In
the Senate Chamber, in the presence and
hearing Of many who are at this time mem
bers Of that body, it has been affirmed and
reafirmed, in speeches and reports there
made, and by votes there recorded. In Popu-
lar assemblies | have unhesitatingly aAnoun.
ced it,; and the last public declaration which
| made, and that but a short tim before the
late Presidential election, ] referred to my
previously expressed opinions as being those
then entertained by me.
With a full knowledge Of the opinions
| thus entertained, and never concealed. was
elected bv the people Vice President Of the
United States. By the occurrence OF a
contingency provided for by the Constitu-
ton, and arising under an Impressive dispen.
sation Of Providence, | succeeded to the Pre-
sidentiaI office. Before entering upon the
duties Of that office. | took an na:h that
would "preserve, protect, and defend the
CONSTITUTION Of the u. States" Entertain
ing the opinions alluded to, and having taken
this oath, the Senate and the country will see
that ! could not give my sanction to q nea-
sure Of the character described, without SUI.
rendering all claim TO the repect OF honora-
hle men--all confidence on the part Of the
people-aIl self-espect-all regard for NOR
al and religious obligations. without an OBJ
servance cf which no Government can 10
prosperous. and no people can be happy. u
would he to commit a crime which | would
not uilfnlly commit to gain any earthly re-
ward, and which w'u'd Justly subject me to
the ridrcule, and scorn If all virfuous men.
| deem it ~pntirel, unnecessary at this tune
to enter upon the reasons which have brought
nv mind to the convictions ! feel and enter.
tain on this subject. They have been over
and over again repeated. If some OF tho's
who have preceded me in this high Office
have entertained and avowed different opln-
ions, ] yield all confidence that their convlc.
ton were sincere. claim only to have the
same measure melted out to myself.
Without going further into the argument.
will say that. in looking to the powers o.
this Governmeni" to collect, safely keep, and
disburse the public revenue, and incidentally,
to regulate the m and exchanged
have not been able to satisfy myself that ihs
establishment by this Government ut . baas
of discount, in the ordinary acceptstIon oil
! that term, was n necessary means, or one
demanded bv propriety, 10 execute those
powers. What can the local discounts o.
the hank have tn do with the collecting, SAFE
keeping. and dishursing of the revenue' 50