TmE NEro.-The reader MilI lnd in lhis eAe
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THE NHro.-The reader will find in this e,ea- ing's paper ths second of President Tyler. Ne don't know that II requires much any comment. Its objections substanliall, the same AS those presented in the first one. Il has less sprit howev- CT, and lhe greater part of s taken up deprecat- ing lhe wrath of Mir. Clay's adherents.

 The obligation which the President deplores of inerpnsing hs authority second time, we think was of his own creating. If the first veto had been explicit. the second one would have been unnecessa- ry The principal objection urged in that to the bill was it's power of local discount, and in stating this objection the President took occasion to speak of the very beneficial effects of institution dealing largely in exchange. This he illustrated by the course of the old bank. Accordingly, the power of local dis counts left of the second bill ,and that of deal ing in exchange retained-yet the veto dwells main y upon this right of dealing in exchange the prn~ cipal objection to il

 The style of this document IS more incorrect, ob- scure and confused than that of the first one. The writer seems to have been acted upon by two oppo- site impulses, just the in the fable was pended between the two bundles of hay. And il is

 

 offending his party, that made the second veto neces- cessary, and dlsfgured il by tone of depreciation which is unbecoming the chief magistrate of this tion, whose executive duties are as clearly defined and as independent those of the judciar, egis lative body.

 But these are trivial objections. We should thank President Tyler for things. first, for defeating these crude, i'll advised and hastily prepared bills: and secondly, for the which he gives hst during his administration bank bill be passed that will infringe the provisions of the constitution. This is all the democrats ask on the subject. What the character of the bill will be which the Pre- sident promises for the session, is puzzle to most people, But from the opinions of this last veto, far comprehend them, it will be divest- ed both of local discounts and exchanges, and cur tailed of the right impose branches the terri,o- ry of the states. What else IS such bill, but a modification of the Sub-Treasury kwl