Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1842-08-13
FAYETTE, MISSOURI SATURDAY, AUGUST 3, 1912

the United States, which should be safe and
certain, and free from the influence of Co
verhment, and especially not under the con-
troll of the Executive Department, should
for one, gladly see it embraced. am not
exclusively welded to Bank of the Uni
ted States, nor do / desire to see one es-
tablished against the will and without the
consent of the people. But all my obser-
walton and reflection have served to
to strengthen and confirm my conviction,
that such an institution, emanating from
the authority of the General Government
properly restricted and guarded, with such
improvements as experience has pointed
out, can alone supply reliable currency.
Accordingly, at the Extra Session, bill
passed both Houses of Congress, which, in
my opinion, contained an excellent charter,
with one or two slight defects, which it was
intended to cure by supplemental bill, if
the Veto had not been exercised. That
charter contained two new and think adj
mirable features; one was to separate the
operation of issuing from that of banking,
confding these faculties to different boards;
and the other was to limit the dividends of
the bank, bringing the excess, beyond the
In the preparation of the charter, every
sacrifice was made that could be made to
accommodate it, especially in regard to the
branching power, to the reputed opinions
of the President But instead of meeting
us in a mutual spirit of Cancellation, he fired,
as was aptly said by a Virginia editor,
upon the flag Of truce sent from the capt.
toll
Congress, anxious to fulfil the oxpecta-
tons of the people, another bank bill was
prepared, in conformity with the plan Of
bank sketched by the acting President in
his Veto measure, after previous consul
tation between him and some distinguished
members of Congress, and two leading
members Of his Cabinet. The bill was
shaped in precise conformity to his views,
as communicated by those members of the
Cabinet, and as communicated to others,
and was submitted to his inspection after it
was so prepared; and he gave assurances
that he would approve such bill. | was
no party to the transaction, but | do not
entertain doubt Of what state. The bill
passed both Houses of Congress without
any alteration or amendment whatever,
and the Veto was again employed.
1t is painful for me to advert to a grave
occurrence, marked by such dishonor and
bad faith. Although the President, through
his recognized organ, derides and denoun-
ces the Wings, and disowns being one; al
though he administers the Executive branch
of the Government in contempt of their
feelings and in violation Of their principles;
and although all whom he chooses to have
denominated as ultra Wings, that is to say
the great body of the Wing party, have
come under his ban, and those of them in
office are threatened with his expulsion, |
wish not to say of him one word that is
not due to truth and to the country. Twill,
however, say that, in my opinion, the
Wings cannot be Justly held responsible for
his administration of the Executive depart
ment, for the measures he may recommend,
or his failure to recommend others, nor es-
pecially for the manner in which he distri-
butes the public patronage. They will do
their duty | hope, towards the country
and render all good and proper support to
Government; but they ought not to be held
accountable for his conduct. They elected
him, it is true, but for another office, and he
came into the present one by a lamontable
visitation of Providence. There had been
no such instance occurring under the Gov.
eminent. If the Wings were bound tc
scrutinize his opinions, in reference to ar
office which no one ever anticipated ne
would fill, he was bound in honor and good
faith to decline the Harrsburgh nomina
ton, if he could not conscentously coop
crate with them in sustaining the princi
pies that brought them into office. Hac
the President who was elected lived, haC
that honest and good man, on whose face
in that picture, we now gaze, been spared
| feel perfectly confident that all the meas
ures which the principles of the Wings au
thorized the country TO expect, including
Bank of the United States, would have beef
carried.
But it may be said that sound currency
such as have described, is unattainabl
during the administration Of Mr.. Tyler
1t will be, if it can only be obtained throug
the instrumentalty of Bank of the Uni
ted States, unless he changes his opinion, a
he has done in regard to the land bill.
Unfortunately, our Chief Magistrate pc:
sesses more power. in some respects, than
King or Queen of England. The crow
is never separated from the nation, but
obliged to conform to its will. If the Mil
istry holds opinions adverse to the nation
and is thrown into the minority in Il
House of Commons, the crown is COZ
strained to dismiss the Ministry, and al
. point one whose opinions coincide wit
t the nation. This Queen Victoria has r
t Gently been obliged to do; and not mere
J, to change the Ministry, but TO dismiss Il
3 official attendants upon her person. B
/ here, if the President holds opinions a