Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1819-09-03

the population Of all ages aud wherever the rspuht-
male population.
A corps Of abe republican army was marching upon
Dasota.
In ;hs formation of constitution for Venezuela, it
seems. tine prucipie recommended b, jain Adams has
been ADOPTED. of senate for lite some spirited pro
tests have been entered this arisioc acy
IS very ceriais that this principle will not he suffered
'ehaib We rave great deal To say on suitable
eas'o ih relation TO those alarming attempts upon the
e9"ai rshs of mankind AID the attempt ia So early
aud responsibilities Il appears 10 ne The fate OF human
eHn's to establish liberty TO be crossed bJ the amhon.
OF the jealousy on the envy oi e who owe ,hng
10 tr ase which they be,ray. Venezuela has suffer
.u h.e B1en"s Aytss. through the peIGdy OF selfish
am 'uoh. We should tong since have made thess
.,altN subject OF discussion tut fully persuaded OF
ue Ultimate triumph of liberty all faction aud
Tended trends =" liberty who have sig,natized the old
rs, ".h at s. America as ce6Oct,rs. aud pirates and
6r{s0Hds. fiuroya.
BANK OFfEHE UNITED STATES.
Our attention has heeu attracted, by AN en-
traorninary article ia Niies's Weekly Regis
,ef vi Saturday last on the subject of the
Bank OF the United States /; for the clearer
comprehension Ot which, we have copicd il at
large ~ preceding column. Though the
TWO iac's announced as OF such surprising no
very, nave been motor ious for months and not
| only aeSnesced in, but approved by those
WHOM they most concern vet, as thi, article
with AL It's pOmp ct determination and gloss OF
coio"fih2 has appeared in so respectable "a
1
snnIect OF some remarks OH the general sub
Ject 10 winch IL relates
ltis with regret we have seen the reiterated
assaults hich have been made upon the Bank
OF the united States. not only by ANONYMOUS
| writers, and by editors of newspapers but by
| the Directors of State Banks which owing to
the pressure of the times, and TO various other
causes, which II is not necessary TO be part-
GUAR IN enumerating, have yielded 10 a sup
posed or apparent necessity Of stopping pay
ineht. We have even seen that in states
where the Bank of the United States has not
even established an Office of Discount and
Dpposit-~here that institution has not in the
most remote degree acted upon the state iu-
s''ntionS-lh The locaibanks yielding TO feelings
snril as evidently dictated the etIusiou i'm Mr.
Ni'eN eeh'E Register, have not only thought
themselves Justified i'm ascribiny their bank
rnptcN TO the operations of the United States
oahH, out have even tax Ell me rit to themselves
!o' 30 hdgrant An act OF delinquency, by pre-
'ehu!hs mat they thereby interpoSe d some bar
,IeL 10 ihe asgressious, which they aiiege that
insiitnhen Is endeavorirg to commit upon the
States
Far be it from ms TO object to the most rigid
examination, not only of the conduct of the
iate ana present Directors of the u States
h""h, out also OF the government itself in
c''a'i"s that Bank. The latter question,
However, Ne consider AS deGui,ivelH settled
nH Tue acts "i every department of the go
Ve'hment tor The last thirty years. We will
iot a''cmpt 10 occupy the public attention
WI" "iS'nsSiOiiN or which the pens Of the
"tHest and most viTiuOus men of the repubIic
nav, been e,npi"ycd The institution exists.
NUtuouS aud moderate nieil are bound il an
peas 10 MS. 10 admit that il rightfuilv exists
~ ,eh'aih' only To examine whether The into
rest and convenience OF the RepubjIc has beru
s"nNet'cu, ana VIII be subServed, by it's one
rau0hS, conducted in the spirIt of It's charter
10 PERFORM this duty wiih fidelity and intelii-
Seutt, we nave cndedyUuIsd TO ascertain the
relations which have subsisted aiI which still
he III
SO lar as It's agency Is used by that depart
hient In conducting the fiscal concerns OF The
nation.
ltappears that shortly after The organization
on Tue Bank. upon the suggestion of its off GERS,
an me moneys paid into the Bank us branch
e', or the State institutions, were entered TO
inc creditot the Bank of the United States. for
the use of the Treasurer ofthe United States
subject to the drafts of The Bank and of The
treasurer. As the Bank was bound TO trans
Ter HE public money free OF eNpepce the se-
isction OF the state banks in which it was ne
cessary To deposit public money was left with
1t, under the expectation that the aid of thos,.
b""ks, III making the transfer, might be adj
Vahta2eouSIy obtained. Ii was al the same
''ihe UNDERSTOOD that the drafts of IKE treasu-
~ should be paid, whether there was any min
nc money at the places at which thew were
made payable or not, except when drafts were
draws payable at places where public expeu-
ui'"res were not usually made. In such cases
When Inc SUN was considerable notice of ti,e
time, place, and amount was to be given T.: so
mat IHe necessary funds might be transmitted
10 meet the demand. II was soon found ne
CessaTy TO dissolve the connection between the
Bank OF tie United States and the State Ranks
IN which public money was deposited. The
former had either omitted to draw the latter
mo specIhc engagements, or, it such engage
ihentS were entered into. they were consider
ed oBerons. and produced freuuent relron-
stIance and complaint TO the Treasury. Ii is
believed, however, that these "Reminiscences
generally resulted from The underlined nature
OF me relative rights and duties of the respsc-
tive parties. Be that as it might ,be couiIex
lou was consequently dissolved
IN me month OF April last, the Board of Di-
FectoFs, after having previously commitment
edio The secretary ofthe Treasury the necessi.
~ which existed exchanging Ills re Iatinus viii,
that department. came to the resolution
" That the Secretary of the Treasury he re-
sPectiHIIy informed that the Bank cannot
ehSage(wIthout such notice as shall be snf-
hcIent TO make an actual transfer of funds
" from the places where they NAV he coIIect,
" ed, or where the notes are payable. when
iiiHy consist OF notes of Other Offices than
. those where they are colected) 10 meet
me treasury Drafts, eXCept AT the pniuts
: where tho funds are collected or the notpa
payable; aud that the President be request-
" ed 10 assure him of the willingness and zeal
OF me Bank 10 forward this object by gene
" raj operations, in anticipation of noiirp ao
'cordmg TO any estimates Ie NAV furnish !"
The prdciice, under this resolution. has
been 10 charge the Bank of tire United States
WIN we "b0le alnodnt Of its notes, and those
ni US onces received by it on account of the
Treasury. as for specie; but the notes oc ti,s
ginces received at Philadelphia are demauda-
hie Hy the government, not At Phiiadelphia
bui at the ohjces by which tIiey were issurd
- NE treasury requires them TO he paid at
Philadelphia, lime must be given TO mako the
lansfer. The result OF the receipts at New
hoIk, &c, of the notes Of the Bank and Of lie
other OhCes, is analogous to fiat which I,ss
beeh Just described AZ Philadelphia
ImmCuIdtelE after fine adontInt, NJ tIt;. &C.,.
lall0n' aud before notice conld he given. and
IIansieIs lttCCied. lllere WIS a rennr.,I hn1.