Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1842-06-24

I'n az to the powers which Congress
might constiiuupnally y confer on bank;
that on that point stood corrected. |
then proceeded to say that Understood
yon 20 be of opinion that Congress might
auJhOrIze such bank to establish agencies
10 the several States, with power 10 deal
III bills Of exchange, without the assent
Of the States, 10 which you replied, eyes,
If they be foreign bills, or bills drawn IN
one STATE aud payable 10 another. That
Is III the power necessary for transmit.
lIng the public funds and regulating ex-
changes and the currency"
Mr.. WEBSTER then expressed, in strong
terms, his oplnion that such charter
would answer all just purposes OF Gov
ernment and be satisfactory to the Peo-
pie; and declared his preference for It
over any which had been proposed, espe-
claIly as ii dispensed with the assent of
the S,ares to the creation Of an institution
Necessary for carrying on The fiscal ope.
ratInns Of Government. He examined it
tronalrly and its influence on the curreu-
and exchanges, in all which views
YOU expressed your concurrence, desired
that such bill should he introduced
and es2eria;Iy thai It should 60 into the
hands OF SON. Of your friends To my
lnq iiry whe her Mr., SERGEANT would be
hgfeetbIe 10 you, You replied that he
Wonid. You especially requested Mr..
WEB TER and myself to communicate
With Me-srs BERRIEN & SERGEANT on
lie ~ Jecl 10 whom you sad you mad
promised to address note, huryou doubt.
ed not hat this persoual communication
would br equally satisfactory. You de-
sired Us. also, IN communicating with
those ntlemen. not TO commit you
personally, lest, this being recognised
as your measure, it might be made sub
Ject OF comparison TO your preIudic' m
tn course Of discussion. Ynu and Mf
| WEBSTER then converseh about the par
tlcu,ar wording of the 10Th fnud ,men,t,
article, containing the grant ol power to
deal in eXch nges, and Of the connext"n
IN whlcn that grant should be introduced;
you also sLoke o the name at the InSti
luton, desiring that that should be ch n.
ged. TO this objected, as it would
probably he made a subject OF rldicuie;
but you insisted that there was much III
name and this institution ought moi
to be called bank. Mr.. WEBSTER un.
undertook TO adapt it in this particular TO
wishes. Mr. BELL then observed 10 MIR
WEB TER and myself that we had no
time 10 Loose; that, if this we're not Imme
diatrly attended TO, another bill, LEES ac-
cppabe might be got up and reported.
w. replied that we would lose no time
Mr.. WEBsTER accordingly called on
/ Messrs BERRlEN AMI SERGEANT imme
diarely, and waited on them, by his
appointment, at 5 o'clock on the, same
day. AID agreed upon the principles OF
the bill, IN accordance with your express.
ed wishes. And am apprized of the
fact, though it did not occur IN my pres
ence, that after the bill was drawn up
aud before it was reported, 1t was seen
and examined by yourself; that your at
tenlion was especially called TO the l6'h
Fundamental article; that on full exumi.
nation you concurred in lie provisions; /;
that at The same lime its name vas 40
modified as 10 meet your spprobatlon:
and The bill was retorled and passed, IN
all essential particulars, as it was when It
came through your hands.
You asked Mr.. WEBSTER and myself
each to prepare and present you an argu.
menl touching The consilulionalIty Of
The bill; and, belore those arguments
coIld be- prepared and read by you, you
declared, as heard aud believe, IN gen.
tlemen, members Of The House, that you
would cut of your right Eand rather than
approve it, After his new resolution
was taken, you asked and earnestly
urged the members Of your Cabinet to
pos pone he Till but YOU would neither
ave yoursell, nor suffer Them 10 give
, any assurance ofyour future course, in
p case Of such posrponement, By some Of
US, and was mvsefo one, the effort was
} made to grarly YOUR WISHES, in the only
way 10 " hich It could be done with pro-
! prlrtv; that is, by obtaining The general
: concurrence ofthe Wing members OF the
two Houses 10 the postponemen'. 1t ell.
; ed, as nave reason TO believe, because
j.: YOU would give no assurance that the de
lay was not sought as a means and occa
. sion tor hostile movements. Durlng thus
season Of deep feeling and earnest exer
! ton upon our part, while we were zeal
: ousIy devotlug our talents and influence
to serve and to sustain you, the very Sc
crels Of our Cabinet councils made Their
: appearance in an infamous paper printed
IN neIghborlng city, the columns of
which were daily charged with f1atterv Of
- Il r.. r ~ Ia a