Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1844-06-29
From the Baltimore American.
MIR. Dallas and the Bank OF the
United States.

Inasmuch as opposition to Bank Of the Uni.
ted States is one Of the cardinal points Of pot.
cal orthodoxy in the party which recently nonl-
mated Mr.. DALLAS for the Vice Presidency i:
would be expected as a matter Of course, that
the previous career OF a gentleman so promi-
nently designated would exhibit unvarying proofs
Of hostility to an institution which every true fol-
lower Of Gen. Jackson so thoroughly abhoGs-
Yet strange as it may seem Mr.. Dallas was an
active friend Of the late Bank OF the United
States; he not only exerted himself in the Sen.
ate TO procure its re-charter, but he actually IN.
troduced bill for that purpose.
1t appears from the Reg ster of Debates Vol.
VIII. part l. p. So that on the 9th OF January
1882, Mr.. Dallas presented the memorial Of the
Bank Of the United States praying for a re.char.
ter, and said he could not but feel strongly inn
pressed by the recollection that the Legislature
Of Pennsylvania recently and in effect unani.
mously had recommended the re charter Of the
Bank. He came there WILLING, as he was
virtually an instructed, AGENT in promoting, to
the extent Of his ability, an object which, howev-
ef dangerously timed its introduction might seem.
1raS in its self entitled 10 every consideration and
fdror.
On the 18Th OF March OF the same year, Mr..
Dallas, from the Select Committee reported bill
to renep the charter Of the Bank OF the United
States. He made q speech in favor Of the Bank
as Constitutional and expedent the date OF this
speech is May %, 1882.
When the Bank bill had passed both Houses
Of Congress, Mr.. Dallas voting for it, and was
returned with Gen. Jacksons veto, it was again
put on its passage in the Senae-and it again
received the vote OF Mr.. Dallas Notwithstanding
the veto.
In the debate on that occasion, the day after
i I ! r u.
Mr.. Webster said Of the Veto Message-"It
wantonly attacks whole classes Of people for the
purpose OF turning against them the prejudices Of
other classes. 1t finds no topic too exciting for
use, no passion too infammable for its address
and application.
At a town meeting in the city Of Philadelphia
on the 2lst Of July, some few days after the veto
OF the Bank bill, the following resolution among
others, was unanimously adopted:
ReSolred, That the thanks of this meeting arc
due, and are hereby rendered, to GEORGE NJ.
DALLAS and WILLIAM WILKINS, for hav.
ing, after full discussion and deliberation being
had on the Executive Veto to the bill re charter.
ing the Bank, confined to vote for the passage Of
the bill.
In 1886, four years after the defeat OF the Bill
TO re charter the Bank OF the United States, Mr..
Dallas wrote memorable letter, in which he
said--"Of the constitutional power OF the Ma
tiona Government TO create Bank did not then,
nor do now entertain douh. or the ability OF
Congress TO create such Bank as would be a
safe machine of finance, and serviceable agent
in preserving sound currency, then tcds, as
r still am, CONVINCED
We have no fault to find with the course OIL
Mr.. Dallas in favor OF the Bank OF the United
States. nor with his opinions as declared by him.
self in reference TO the consttutionaty and use
fulness OF such institution. No doubt he was
honest in his course and sincere in his oPininions
But the strangeness Of the thing is, that he should
be the chosen depository OF the confidence Of a
party which necessarily denounces National
Banks Of any and every kind and which profess
es to dread the ascendancy Of the Wings for no.
Thing so much as for The danger which would thus
DO incurred Of the establishment OF National
Bank.