Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-01-07

ractY
oipe. He would not wound the feelings OF the sre'
fallen statesman by descantng on lis melancholy a,e
If their affection for him WAS TO be measured ny III
chostse men they had received on his account u va
certainly very great But II was said that some me
were hardened by adversely II such were no. 'e 'ae
b sbond suppose the recent elections would have ma
,er;cllv softened down the Wing party. They SCENE
n he gono on ss beforc-persIstng in their forme
of conduct whilst the people laughed at Their ca
lamit;es They would, he though, yet find that the.
have been kicking against the prcks.
As TO the extra sessions Tue democrats were W III
,or;tr End TOO weak TO resist the onward march o
constitutional encrouchment by The Wing party. lh'
Executive was, however, fouhd TO possess susiicen
aevoon Ia the Constitution to save 1t from aggression
He vetoed the Bank; and in so DONG, defeated mea
sure fraurht with danger 10 the Liberties oil The people
Was it to be wondered at, that the Democratic party
onnlauded him for the act I. Dad gentlemen oil ths
Wing party expect the DeEiocfas'c heioefs " aPpJ
fish.narket epithets 10 Inn:
To rpn,aed the President came into power surround
ed hy peculiar circumstances, requiring slea III"
md great moral nerve. Beth parties refused 10 SUI
port him. The Wings woeld not, because he refused
20 obey the mandates oil Their 'ap'a'n "ehe,", nc
Democrats supported many Of lbs measures, Whist ley
denounced others Moreover, they saw him suffonnGeo
then. as now, by men in whom they never had, ana
never can have confidence. 49,
The President was denounced traitor Why
Because he refused TO sign the Bank bill what rgn'
I
when his former votes had been against such measure
and wlcn the session, ne declared that Il MAD
been condemned by The people: Why, then, denonnce
him. To what was he traitor? To the Constitution:
No but to the "universal Wing party the same
which, in lo40 denounced Mr.. Van Buren, AZ The Pre-
sident of party and declared that they wanted man
who would soar above party! Yes, the party in
IS0 protested that they did not ask for patronage thai
they were not actuated by love Of the spos and o!
Office but by sincere devotion TO the. country. How
changed the in one short year John Tyler re-
fuses TO be mere party President-eiuses TO permit
Whio caucuses tohdicate 10 hm-tefuses TO allow
others to construe the Constitution lie had sworn to
support This the head and front OF his offending
THIS wns the of his remuneration by the same
no were, in 1910, eloquent IN Remuneration OF
party Presidents He (MrW believed that John
Tyler had been governed By exalted patriotism. he
did not doubt that the measures recommended by INN
were conscentiousy believed 10 be for the best interest
Of he country When the excitement of the times had
subsidized and paFtisans should have turned TO other OBJ
jecs, his integrity would be questioned by none
He trusted that he should not be charged with max
ing war upon this administration, whenever he should
fee! compelled 10 vote agains. any OF lis measures =
lie con,d TO: permit lis personal associations to hhu
ence hs political principles He was welded TO his
political principles; yet he believed That ih!s Govern
n,ent belong, 10 a and that bein- bu, joint tenants,
we were bound TO stop The wheels Of Government
becar-e not altogether after own heart was
at :he helm lie held il 10 be the duty al the Demo.
cratic party 10 support the measures OF TINS adm'nisa
tion far they did no, conflict with the opinions
which they advocated and with the Democratic creed OF
Jefferson aud Jackson 10 support them IN short when
ever they not made up of the old eaven OF Fede-
ralism Had he understood the gentleman from Ma.sa
chusetts Mr. CushingI coming here 10 offer The
patronage of The administration 10 such party ns should
support measures he should hive told hun that The
President did not possess patronage enough, all told
to buy even his humble self, and still legs majority OF
the Democratic members The people were made OF
s,erner stuff than that They could not be bought or
sold, o. transferred 10 any party for consideration.
Mr.. w said That the Executive, il sustained at ALL
must be sustained upon principle; and 10 be sustained
upon principle, he mus! take care make his principle
conform to those c are supported ty the Democratic
party II was idle 10 talk about organizing party on
Executive patronage alone; those Tho were governed
by no principle, who alone actnaied by desire Tor
Office would awn on the Executive in the hour of his
hut in the day or his adversely they would
abandon him. So far as he Cdr. W. concerned,
any wished TO know where be was 10 be found, ne wouo
say that in few months lie epected TO retire 10 the
shades OF private liie bat either in public or private
sal;cu he would always he found aderIng to the De-
mgcra,ic party lie expected that there would be
national convention for e purpose CT rcconciling the
differences in lila. party in regard 10 men; and when
that convention cpohe ne would be found contendns
FOR their nomination will, ali the energy, all the zeal,
and all the ability lie possessed
san nave had, since the organization OF the Go
vernment, two bankrupt laws The frs. bankrupt law,
passed after the formation of the Government,
was regular constitutional English bankrupt law,
and was confined in it's operation to traders. 1t was
severe in its provisions and coerclre in ITS charac
ter |: was made in conformity with the Constitu-
ton and in the spirit and policy oil n bankrupt law,
which in its origin and formation Vas intended 70 al
ford creditors Of relief against fraudulent
or denulting debtors, by coercing the debtor, in the
commission of act of bankruptcy, TO deliver up all
his estate for the benefit of his creditors; and in its
improved organization, it extended relief to untoriu.
nate traders, such persons were liable, from
tngencies against which human prudence could not
guard to sudden losses and misforunes. But il never
was intended BY the bankrupt law to extend TO all per-
sons relief from the effects of their own voluntary
mprudence or extravaganza, TO encourage the con
tracing of debts and obligations, without the means OF
pa yment performing them. This first bankrupt law
was severe and searching in it's PROVISIONS and was
calculated 10 secure creditors, ard reach the traudu
lent, nevertheless. IL became unpopular; and atho
il was limited in It's duration to FIVE years, il re-
peaed in less than three years, in obedience TO the
voice o the people, loudly expressed in all parts Of the
country.
We have recently had the experience Of bankrupt
law OF different descrrton--a law which vas 50
framed tha, Tie debtor could, hiss application,
be discharged from his liabilities without the assent of
his creditors, and in absolute violation nt their rights
and his an Contract, so!emnly and voluntarily entered
into; and notwithstanding It's advent was hailed with so
much enthusiasm, il has inflicted injuries Oh the caun
try ncomparaby greater than any benefits it has con
ferred; aud in the short space Of one year lis
repeal is loudly called for from all parts Of wildly
extended country Thus both experiments have failed
and it be manifest that the difficulties of making
bankrupt law which is calculated 10 prevent fraud
while i, relieves from oppression, almost insur
mountable In England, from the frs! formation OF
bankrupt law, under Henry Viii TO the present time,
there have been constant and repeated Efforts TO improve
the bankrupt law. There appears to have been con-
lict between the Legislature and those disposed 10
commit frauds under the luw-ihe passing proyi.
sions against practices of fraudulent charac,er and
the other seeking by legislation to prevent them. Thu
bankrupt law revised in the reign of George W.
improved in the reign of William w and Queen Vic-
,oria has issued commission to inquire into the mea
Necessary to improve the bankrupt law So produc
tive of fraud and iniquty have been The English bank
rupt laws that If her best statesmen and lur'ss
and among the rest, Lord Elden-have ameuted their
existence. And here let observe that one great
objection to the retention of the involuntary portion OF
the bankrupt law is, that persons disposed to act
frauduen,ly, after arranging their affairs TO suit
their purposes, obtain seine friend 10 commence