The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-09-26

These the great ends 10 DC aihoa III, ~ -
are Of subordinate importance. Wheiher .os' e"o.,
iadisoeps BILE To the wel-beng of both the reoP'e
and the Government are to be attained oy 'ouu' az
safe State banks carefully selected ana p.oPu, -.
tributed or by new Bank OF 'no as,r;.,;ons as
have heen indicated by experience should DC sJt 70
,L o,bi,,a,as,t of enlightened pubic opinion
70 10 show that he did not mean that en-
anu 40 :, oninionn on this question was TO be
hsu'e !, ,ha then approaching Presidential cleo
expressed a. III ;sue was then to be postponed he
uoii ous t added
ai'er"a'u'
"Candor and truth require me 10 say ''a,' :" niy
;dgment whilst banks continue TO exist III inc couh-
y the services of Bank of the United States can
NOT he dispensed with. think that the power 10 es-
tabIish such bank is settled question: &c ikno"
mi yespect the contrary opinion hich IS entertained "a
,hi, Stafs He was then speaking IN Nrgnia!l But,
in INV deliberate view of the matter the power to es-
,bIisb such bank being settled, and being neces-
ary and proper power the only question as TO the er-
sucu Of its exercise aud questions Of mere erpe-
Genev public opinion ought to hare controlling tni'-
.ne, Without banks, | believe we cannot have
naicient currency; without a Bank Of the United
Sites / fear we cannot have sound currency But
i is the end that of sound and sufficient currency,
and faithful execution of the duties OF Government,
that should engage the dispassionate and candid con-
sheraton Of the whole community. There is
~, u; thu name Of Bank of the United States tchch
bs anu magical charm or 10 ,ohch anu one need be iced-
d,d IL is to secure certain great objects without
xvhi Is,
Ls;o ,Ls.s ob;srts ean h., u,olished by dis.
m rim N, avencu of Bank of the United States
pnd mploung thai of State banks all ought rejoice
J hsoyt;I, aco,iesce and none tcopid than
IIJn
NJ, wha, does this mean if not pledge 10 try,
60, ,ha election fret whether these great objects
id no accommodated by dispensing with the agency
nj of me limited States and employing the
g, h,nLs ar some other means How else could
r. nrohIen ever oe solved without fret trying
80 s,a,,s n, scconnsh these great objects, and 1T
No., should fail then to leave the question OF the
sy smef iJo,ted States Bank so the arbiti ament
of I,vhtened public opinion 2" 1t was TO the dinner
" - ,h;. sneech was delivered that addressed
- r,no,.d r. ylotsyille letter. This speech
aI.,h~,a,ey nrep,red; nv attention ca led parli-
49,, 80 n,r nj n nv it's author before he went
-. NV what was To be said on this subject by
49, md therefore il YVES that eulogized what 10
t ~, 40 nn.t n,,nIy approve every word of It
NC '"a' ones,ion Yet. instead of keeping hi,
- snsaLs for itself of respecny The s,cou-
pe's', 80 an,.,,.,nedu NV Viruina the first salu-
.la!y op' f,en NJ CI,v AFTER The election in 1910
'aI rt ,a ma, IN Cnnyress in December of that
nv nv anshsd with victory and all rejoicing, was
So, -; :, :. ma, ., ha ,men,ed thai old VIRGINIA
".', 81, a. W. R,ran far we will no, now he
mas s e"e W. t h, n.cnl;,r on;n,ons % nd ms GA
:; 81 untirh,eneI nnblic oo;non In try
OF "rn"s ~, ,.ans couId M, "accomn'isb The
"he."e' so'.s ~, az c,Id seIsinn ~
smy, sraii d,r,atsd contrary To the sounde
.u, =, iary. ,na;o,;ty of The narv with no
7 Lnoss ,ban 10 urostrate enlgh,ened
,hi;. ,,,;nao--,o snatch United States Bank char
pu'ne rC,.ss hat,,,e The Psooe c,uld hay. ti,e
ia4I a. shsnseIves-th,v ,oere not 10 be trusted
;,r H. ;ss,. The ,nus err roll of members was call.
'' ~ III no,aJ ~ hn yynuIJ on for a char,er of the
II.;ai = ,,ss Rank n majority was found ready. and
.a ~ ,ct he,r. The Peoule coul, move 10 arr.s,
...' $50, mr. actual could not have mari nor
~, i; ,h;s ,r,nsocton: denounced It's dictat,op It's
o ,' .''s 49,, ,;,r,, e ,he P.or,e. and I,y.
~ 49,, of n,onbecv IN E,reteil To- The letter what
onla he he resp,s of The fatal measure of the called
-, Ihave lived 10 see INV whole prophecy full.
ell q 81 ,n,ernosed His Divine Providence The
AIm,,htv il row often arraipned as well as John w.
I Ll ~ disseminated usurpeIs They preface every
a,,ock man Mr. TYLER by eremiad over the death
of The Inmenled Harrison and by complaining of the
wavs of Providence to man when know that these
very harpes of detraction would, had General Har-
rison been spared ha been now denou ncing him f.,
BEING GUIDED by his own Secretary of State who had
been placed, more than know, not by him alone in
"he line of prece,lents' made unsafe by certain
gentleman instead of being controlled by the policy
of aone man. whom be had been preferred by the
Peope! Had he lived, the in the Wig party,
divided much more than is now, by the jealouses OF
two rival factions would have been not one of prnci-
ME as il is row but Of mere patronage and
spous Henye en- took the good old patriot from such
scene worse than scenes OF bloody stiie. The
Constitution raised up the Vice President, ana
with hi n up, very unexpectedly and very much
to the disappointment and discontinue as wen as the
se,nbarrassmenf' of some, it is true, to whom they
have been terror, 'the peculiar opinions OF old
Vrg MIA" They were IN the ascendant by The time
the extra session OF lS4l arrived And The very
first thng which General Harrisons Secretary oil the
Treasury, under Mr. Tyler, presented, was a certain
organization OF district and State banks, called Ew-
ings BILL such as, if II should prove successful, Mr.
Clay had SAID he would ''reJoice and heartily ac-
quiesce" in--'none would more tan he should
and yet did he see it enter the Senate Cham
Der than he denounced it as aweak and rickety con-
cernw And instead OF trying this or some Other
means than United States Bank agency, he pressed
Fiscal Banks and Fiscal Corporations, regardless OF
his pledge altogether to wait for "the arbtrament Of
enlightened public opnion'' lie kept his promise
ony in changing the names OF the sane old rose which
under other names OF assent" and dissent stu
smelt as sweet These were vetoed, and immediate