The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-08-22

1870" W 'he wall, was enough Tor MI. Nidy
Hereturns-consders well his course-deter-
mines the bill shall pass, and the veto shall be
had Every fact within my knowledge justi-
hes me IN making this assertion. The next day
or the day after, his "White Chare,n as he
has been most fttingly styled Mr. Jno M
Bolts visits the President with a compromise
the compromise which you will remember to
have been inserted in the bill of Mr. Clay. am
told that the President refused to look at the pa
per unless Mr.. Bolts would give him the solemn
assurance, that if he objected 10 il he should
never hear of it asan-lhat Mr.. Bots gave him
most unequlvocaly this assurance-that the Pre-
sidenl then looked at 1t and rejected IL positire
ty, under the belief (as IL really was) that IL was
nothing more than a contemplate subter
iuge." If these facts be true, and have the best
reason to believe that they are, should like TO
know how 1t happened that two days alter
wards the Baltimore Patriot spoke OF that com
promise associating Mr.. Bolts name with it
and that the next day after this forerunner APP
peared, Mr.. Clay offered in the Senate, and that
Messrs. Mernck, Preston aud Archer voted for
H. passing the bill by one majority2 It's mat
Ter with me OF much curiosity, for Mr.. Rlves,
who was at the time, learn quite intimate with
Mr.. Tyler, was not deceived into the bestowa
OF his vote for it, No doubt Mr.. Bolts could in
form us If he dared to tell the truth in the matter
The President vetoed the bill, but under these
/
hdious and Taitorous in reference TO it.
But the veto failed 10 produce the co lision
which 1t thought by the ultra leaders il
would produce, between the President and the
mass OF the Wing PARTY throughout the country.
by these II was rather approved than condemn
ed, as YOU will see by examining the journals OF
| the times, IN despite of the denunclations in
Congress Tremendous discounting machine
| as this bill would have created was not desired
by them. This COMPOUNDED the WING SANTAN-
GELos. Mr.. Clay was so provoked, that he de-
clared In the Senate he would have nothing
more TO do with the question-(and II has APP
peared TO me very strange, that after such de
| carailon, he should, upon the same floor, have
poured out the walls Of his wrath upon Mr.. Ty
Ter tor his action on the second bill. If in fact
Mr.. Clay remained silent in the formation of the
second bill, why should he have been so indg
nant at its defeat p In short time, however,
this confession wears of, and it is distinctly
seen, tor the accompl shment of their purposes
that another veto must be had, and upon other
grounds than the former. 1t must be made to
appear now that they concoct a bill with the
approval of the President before its passage.
With the cry still of saul Cesar, dut nultuS,"
| they commence operations. They proceed, but
presently Mr.. Bolts celebrated Coffee House
| letter appears, and their nefarious scheme be-
comes exposed to the world. This letter was
| written after the first veto, and as soon as the
plan of the scheme, just portrayed, was formed
| in caucus.
After abiding to the failure Just encountered
| by him and his associates through the Veton
| instead OF the approval of the Bank bl it states
by way of consolation TO his brother Whggies,
"b but we will yet head off the Captain The
| question arlses-"ln what manner Mr., Bolts %
| BY the plan which ''we have lust formed in
Caucus, and the Bill which we are connecting,
in accordance with that planm This is the only
answer which any man can give to the question;
| and the only Interpretation of the letter. Such
was the effect this expose had upon his associate
political Swans, that We learn this most worthy
partisan was forced TO submit to reputation from
| them and to deny the truth of his own declara-
tons IN that letter, and this too, publicly in the
| House OF Representatives, as of late with regard
to his articles OF impeachment, after the plot had
| been knocked in The head by the Madisonian;
which got into the caucus secrets. 1t seems TO
me, with this letter before him. that the Presi-
dent was bound 10 throw himself against the
measure, however much he may have desired
| the passage of Finance bill
But the President never, in any manner what
ever assented to the =" Fiscal Corporation bilIn
Indeed we understand that there exists in
Washington the most positive proof of the fact,
that he was not in the slightest degree commit
ted to It. 1t is well known thing that when
Mr.. Stewart, OF Virginia, brought this bi TO him
Tor his inspection, before It's passage, he (the
Presdent) SAID to him, preserve, sir, in the
bill, the principle in the case of the Bank Of
Augusta against Earle, and then may APP
prove the bill" and then with his own hand,
Inlerllned The paper before him in its proper
place, with the expressions, "unle,s the es-
Enlistment of such agency shall be pro-
hbied by the Senate in which it is soug ht to
! be placed" Was this not So Mr. Stewart
we desire to know of you if this was not the
case. Speak out, sir Did the President make
that or a similar insertion with his own hand
| have seen myself copy OF clause IN the
| Pres dents own hand writing, which was hand
| ed by his Secretary to certain members OF Con-
| gress AT the very time II IS asserted by Mr..
Ewing set id omne genus" that he had
uneouivocaIly assented TO the Fiscal Corpora
ton Bill" and which runs in the following man
ner and words ''To come in at the close OF the
| "16tb Section. And provided further, and II Is
sexpressly to be understood, that before any
"such agency shall be authorized to deal or
'.trade as is in this, and the ninth section OF this
..bill provided the assent of The State IN which
"any such agency Is established, shall be hrst
| chad and obtained by an express resolution OF
"the Legislature, or some Olher FORM OF usual
II legislative proceeding" From the beginning
to the end, this principle insisted upon by
the President, wherever the feature OF dis
count was preserved. 1t is only necessary then, |
in order to clear the President of the ueachery
and perfidv so loudly charged upon him IN refe-
renee to this bill, and to fix that pertdy and
,reachery upon the heads OF It's authors, to ask
the question ''why was not such clause as
either one of the above so marked by the PIesl-
dent inserted in the bill? And does not the
bin recognise discounts ~ Surely these ques
t;ons admit of but one answer. The bill recog
nses dscounting in It's most odlous form, and
does not contain even an approach to the prin
chile contained in either clause offered lis
trainers by the President.
If. indeed, these men believe the President TO
be The man of iniamy they have sought to make |
him n their publications, why, we ask the ques
ton, did they wait upon the President, through |