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US an Exchequer profit; believing 1t to be pow


cries. for good, and fruitful in evil, gave it into


the hands Of our Senator in Congress. He made
it better by cutting off a great portion of that
Executive patronage to which John Tyler was so
| anxiously looking. But, from causes that we
could not control, it was not acted upon at that
] session. Then the President asked us to extend


the time of the three years loan for longer time
We did Sc. He asked for Treasury Eotes-aRd
| though during the reign of Van Buren, ws had op-
| posed the whole Treasury Note System, We gave
them TO him. Then he asked suspension of the
Distribution of the Public Lands--aud at the
first 6idding-we were not prepared to sure nder
Cheers Then he asked us for Tariff project
to revive the credit replenish the Treasury, and
sustain the industry of the nation, We committed


the matter to Representative from yeur own


S,ate-aud he devoted himself night and day to
the discharge of this high duty. In accordance
with uniform usage, he called on tho Secretary ct


the Treasury for report of the condition OF tie
| Finances, without which nothing could be done
Two months passed away. and no report came,
and yet Ave orsix weeks before II WAS received IN
; his Message OK the 25th of March, were taant-
ed by the President with being too tardy in pre-
! pairing a revenue bill! Seeing the complexities


Of the subject, the Wings deteru.inad to pass
| Provisional Tariff to last only thirty days, and 10
Aoa ~
1888. The whole subject was held up in its pro-
per light, and yet the President returned the Bill
| with his objections Now lock at the circum-
| stances under which thia bill was vetoed. In the
opinion OF the great mass OF the Msnbers of Con
grcss after the 30th Of June no revenue could be
collected by law;-the mean. to carry ON the
| Government could net be supplied That was
the state of the country upon this FIRST Veto of
Revenue bill. Then Congress passed arosher-
! and retained the distribution Bill which in lSil
| the President had recommended; and that, also,
| he returned with his objeeticps. Ye.o Number
| Four came then! Laughter


You may we'll imagine that this extraordinary


course of the President caused the deepest sensa-
,ion The Executive power had been exercised to
| defeat Revenue measure of the House of Re
| prssen,atives, TO whom, for wise reasons, this
| whole subject has been committed. That was an


act of danger and cause of alarm to the country.
Other Presidents have used the veto power; but


it Was reserved FOX john Tyler 10 deny to the Re