Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-06-16


gress treats the debates in the House, and this, too,
when nelther tho public welfare personal Justice de-
manded then disclosure 4. EWING.
/ LANCASTER. Ohio. May II, 1912.
The letters here referred 10. having already been
published in the Nuginiap, tho time oflhor frs, up
/ pcafanec, emitted
Letter from Nh King.
WAsnlNoron, September l3, 1871.
My Dam SIN: have your note OF this day in which
you requrs, me 10 state facts known 10 'as 10
the ofaln OF the bill 10 ercaiea Fiscal Corporation of tho
ued States, recently returned 10 the House III Rep
roscntatlNts by the President with his olccols and
IN reply. beg leave To say that, after the bill which
originated IN The Senate 10 charter a1Iank of the United
States had been land before the President, current
" reported that he had objections 10 signing it, Feeling
much anxiety iur the success OF the measure, thu re
quest ii some o my friends aud colleagues, called on
the President 10 express the hope that the bill might
ccIva his approval From what said IN regard 10
Ills rfoslsuns inicted that the power 10 make local
discounts on pfomissory notes formed the chel 1t
the only ground Of objection nhc mind oflhc President,
aud understood him 10 say thai he WINS III favor u a
flsea AGtutN OF dcposlte and exchange and thai
hlll 10 "eaea corporation with those powers would
meet his appreciation, On returning my lodgings, |
informed my friend the Hon. VIM G. johnson Of " hat
understood 10 be the Presidents objection TO the bll
then hooro HIM. aud Of his opinion in regard to insti
tuition such aal have mentioned. The next morning
Nj j and myself prepared sketch embracing the prn
cipcs and powers Of such measure, made two co.
Presidents. We examined it together. and ii met his
Appreciation. The Hon Edward Stsnly also conyorscd
with hun on the subject and am authorized 10 say
Understood him IN the same way. So entirely per
suaded Was thai the measure would secure the approval
oi the President. that did moi hesitate Ia cNpres, tins
opinion 10 those with whom conycr.rd on the subject
aseeralncd, however. ha, the Wing members OF Con.
gtess were generally opposed 10 II. aud will NO 10
c9uienance the idea oiany new measure, hoping and
bote,,'o the President would sign the bill VIC had pass
cd
On tic Ion. wing daylho Saturday, think. before
The inst veto rormod the President that there
no prospect probability Of passing such a bill. AT
THIS intelligence he expressed much regret Two OF
llfee days ALT, this he returned to the Senate til. bill
we Lad passed with his objections Ills message was
understood to Indicate very clearly hat the power 10
make oca discounts formed tho chief ground oi hs oh
Jcclinn 10 the bill aud 10 convey the idea thai such
measure as was soon after brought uwaro IN the House
Of representatives would tc approved by hn... This
III accordance with my opnlon from what had ps.
ed p,tno,, linn and myself The Wings Of both llous
es immedla ely tx the necessary steps prepare such
a measure IA tho, suppo'"d would meet the views of
the Executive. Several mel. hers hon each House
Wete desired 10 act committee iur ne purpose ol as
c'fianinp nearly practicable. the ol'ons ol the
President, and framing bill, If possible, which would
receive the support OF the party III Congress- be approx
ed 10y him. and meet the Just expectations OF the coun
try. his committee appointed ono member for zach
House 10 make the necessary inquiries The infonna
ton which obtained led 10 the preparation of the bin
which reported 10 the House Of Representatives by
Mr. Sergeant. and passed both Houses without amend
ments, under the full impression. believe. the
part oi the w htg members, thai its provisions IL
precise nccordanec with HE opinions OF the President.
y on WILL therefore. perceive that the Whg party in
Congress Ian from desiring 10 act precipintcly
annoy. tcX or "htadp the President. adopted ever,
mcanaIn their power 10 ascertain what his opinions
were, with an earnest desire 10 cooperate with him as
far proper regard 10 what IL due 10 the Legislative
aud Executive DEPARTMENTS of the woulu
permit.
There other circumstances which aided in lending
10 the opinion thai the President would approve the
bill but. as other gentlemen are connected with them,
whom IL han not been III my power TO consult | forbcar
to mention then.
AIN, with much respect and csstcem, your obe
dcrt servant. THOMAS BUTLER KING.
To tho lion. THONGS Ewing.
.Ienora,d,,m Ly Mr.. B,1,icn.
comply with the rcqucs, oI,hc Hon Mr.. Ewing. by
making the bloriag statement OF facts
When the bill for the establishment of a fiscal agent
which had been reported by Mr. Clay. had been return
ed with tho veto ollho President, | was requested to
unite with Mr. Sergeant in preparing and reporting
bill 10 cstablsh Bank the basis of the projet sub
united 10 the senate by Mr. Ewing, or such other bill
AS We believed could become law The alternative
authority was given expressly with view To enable us
to ascertain with more precision than found the
veto message, III what particular form the President
would feel authorized 10 approve such bill, and the
Whole power Was conferred and received spirit Of
Cancellation 10 the Executive, aud from an earnest desire
ON Tie part o The MAJORITY IN Congress cooperate
with the President III the adoption Of some fiscal agent
which should meet the wishes and wants Of the coun
try Mr.. Sergeant and ! waited ON the President
aud at my request, Mr.. W. {. Dawson accompa-
MED us.
Ii is not proposed 10 detail the particulars Of the con
vcrsatlon at tins interview unless 1t shall be desired by
some who has the authority Of the President loi
asking IT, sncea 10 state lis result. The President.
referring 10 his veto message, expressed himself in ia
u fiscal agent dy,stcd Of The discoun,ing power
aud limited 10 dealing IL bills Of exchange other than
those drawn by citizen Of State upon another ct-
Aonof the same State He declared his determination
To confer with his Cabinet the question whether the
assent Of the States ought TO be required in the tsab
mcut 81 the agencies be employed by the corporation
also as to the proprlcy Of holding with us that informal
communication, promising inform us Of the result by
note be sent in the Of the day In the
Of the same day Mr. Webster came to the Capitol with
instructions, as he stated, To communicate TO me yer
hay the determination Of the President, he hc Press
dent believing that mode Of communication would b.,
equally acceptable with the written which had been
promised. lie proceeded to state that the President
would approve bill for the establishment of fiscal
gcncy limited 10 dealing III foreign bills Of exchange
And 10 the question whether he would require that the
assent OF the states should be obtained for the establish
mon OF the agencies TO he employed by the Corporation
e answered that he would not lie suggested the cxpe-
doncy Of changing the Of the corporaton which
was arlucsccd III: and, by arrangement then made
with Mr.. Webster. | received Mr. Ewing and Mr.
Sergeant nj my lodgings at five o'clock of the same after
noon. The details Of the bill subsequently intro
duccd by Mr. Sergeant then and there agreed