They have
obeyed her voice, and yet they have the misfortune to find that, in the
judgment of the President, _the measure is unconstitutional,
unnecessary, dangerous to liberty, and is, moreover, ill-timed_.

But, Mr. President, it is not the local interest of the West, nor the
particular interest of Pennsylvania, or any other State, which has
influenced Congress in passing this bill. It has been governed by a wise
foresight, and by a desire to avoid embarrassment in the pecuniary
concerns of the country, to secure the safe collection and convenient
transmission of public moneys, to maintain the circulation of the
country, sound and safe as it now happily is, against the possible
effects of a wild spirit of speculation. Finding the bank highly useful,
Congress has thought fit to provide for its continuance.

As to the _time_ of passing this bill, it would seem to be the last
thing to be thought of, as a ground of objection, by the President;
since, from the date of his first message to the present time, he has
never failed to call our attention to the subject with all possible
apparent earnestness. So early as December, 1829, in his message to the
two houses, he declares, that he "cannot, in justice to the parties
interested, too soon present the subject to the deliberate consideration
of the legislature, in order to avoid the evils resulting from
precipitancy, in a measure involving such important principles and such
deep pecuniary interests." Aware of this early invitation given to
Congress to take up the subject, by the President himself, the writer of
the message seems to vary the ground of objection, and, instead of
complaining that the time of bringing forward this measure was
premature, to insist, rather, that, after the report of the committee of
the other house, the bank should have withdrawn its application for the
present! But that report offers no just ground, surely, for such
withdrawal. The subject was before Congress; it was for Congress to
decide upon it, with all the light shed by the report; and the question
of postponement, having been made in both houses, was lost, by clear
majorities, in each. Under such circumstances, it would have been
somewhat singular, to say the least, if the bank itself had withdrawn
its application. It is indeed known to everybody, that neither the
report of the committee, nor any thing contained in that report, was
relied on by the opposers of the renewal. If it has been d