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dene RepWotsc0nS oT tne 01, .ssV {. -. v

 de City ef NesO- Fork, MOrch SI, isss

 supported Gen. JacAson's eIee'''rss hnu continue tO feel the highest sense oL gratl- s.d. c,r h;s eminent services in the held.-- Though perhaps disappointed in some ol the rxpecIations had formed of the benents |" be derived from his administration stiit pre- ferrina him far before those who were brought aa candidates against him, have sustained h;m .. long as could do sO cOnscleRtlOnsly. Tn relation to the great question winch agir fates and congresses Congress aod the people, sfssr haviar examined his c"urse with every disuosition to find 1t justi6able, ! cannot pos sibly. approve i:.

 T'hc fiscal reasens which have been assign. cd for the, removal of the public deposites are su futile. that they hardly deserve an answer. To say in the same breath that the necessary demands of Government will re- duce them in one year tO little or nothing, and yet they must he removed at once. les; they should be SD greatly accumulated ny the time the charter will expire. as to compel Congress io renew the charter, is really too absurd to be- deemed serious. When I am told that the public moneys were not safe in the United States Bank, and. looking at the public documents, find that just before the removal, they amounted in the whole tO less than ten millions, while the Bank had eleven millians in specie; but now that they amount il, this city alone, 10 five millions. while the Banks in which they are placed have only eight hundred thousand dollars in specie, cannot see what has been gained iu point of safety.

 The true, and indeed avowed motive was political 0ne. The object was to cripple, nay to crush, an institution deemed dangerous. and which is said ie have set itself in Opposi- ton tO the will of the people, and to have improperly intellefed in the election of our Chief Magistraie.' But the folly of the at- tempt of the Bank, if it really was made. has been fully demonstrated by the result of the elections. We are not, thank God : gov srrned by wealth. but by numbers. The Bank was proved,to have no political power. Out of the city of Philadelphia., it was every where dead weight on every candidate who attempted to support 1t. It lay prOsfrafe as political body. and there was nO necessity on that score, for further attack. If, indeed the President. by IemoSing the deposites could at once have stranglcd that which ht thinks a monster, there might have heeu sense in d.ing the act; but since he could n0i effect that. far better would il be to leave the Bank undisturbed to die its nafural death.--- The fact cannot now be denied that more ec ficient meaDs could not have been devised tc cause a reaction. and give a chance of re. charter to the Bank, than those which were employed for annoying 1t and exercising n uselsss revenge. Itis thus that uncontrolled passions ever blind the understanding.

 Since there was no sufficient motive, fiscal or pnlitieal. for the act, it was unMise and 0n- stafesmanlike. ItrequiFed no great sagacity { tp f0sesee that it must cause dsrangemeut V in the e0mMefcial operations and credit ol tha coiiptry; and, where m good cnuld en- sue. tt could cnly be under the dictates oi passion that any Executive officer would run Z the risk of s0bjecting the country tO the evils that attend any such derangement. Alier thOse evils had actually occurred, and could oslOnger be denied. niagnanimOus mind would have retractsd, instead of pefsayering Z in the error.

 ketif is not simply because an unwise and unfortunate measure has been adopted and Is Dbstinateiy maintained. that feel myself called upon f0sexpress my dissent Though m humble individuai I may he permitted io say. that am actuated by much higher mos lives. have looked Ut the lawswhich is said talwarrant the deed, and I see tisAt by 1t the public tnonsys were ordered to be kept in certain place. unless the Secretary Of tho Treasury thanght 1t necessary s0, remove them iD which case. he was bound a0 Inv saUtU V NDt&b bGpr yta tNAN0un IUE SO O0l0Ss Att the President no power is delegated 0n the subject. He may. indeed. rem0ss the Sec. Tetary, if he thinks him dishonest 0f incapa. ble; butthis does not imply the power to re. more the officer fur the express purpose of having the act 0f which that officer ia. l,v slaw,lhe only judge, done according to the Will Of the President. That would be mi. ting in one pers0n tue powers of both the President and the Secretary of the Treas,,. rE Had this been the intention of the law. the power of removing the deposifes would have been given to thu President alone. Had it been intended that the President should have any control whatever in the case. if would have been provided that the Secrefary might rsinose the public moneys Miih the an- probation of the President. Instead of this. not fo him but tO Congress alone is The Sec. | Fefary made responsible by law for the art. it would be pure nnockery to sup pose that thr k obligation tO assign his reasons to Congress E a matter of form, and means nothine. Either the legal provision is an insult to our un1eFssandlng, or t renders the act invalid, unless approved by Congress. The con. ouct os me President iu this is greatly ag- krasate0 by tue Circumstances bv which \ U was accompanied. It was done ai,er Con. Eress had passed judgment on the acts ascr;. nrd to the Bank. and declared it fo be \ s.c. E depository af public moneys. it was dons without waiting for the npinion and act;on ..r the new Congress, in the recess nf the sen. afe. by an officer pot confirmed hy thai hoay aod selected for one express purpose,

 cannot sustain such smeas,,ys. Is;s palpahle Infringement of tue lasss, It is eaal. |