Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1830-08-07

'u"s o', lows'c'a ittie unfortunately for the full
effect oil this line movement that our good Secretary
has yet left words in his letter which l,t out
the seeset which he was 80 anxious TO hide For al
though he does begin. with some caution ..sncc nor
suing>your letter OF the Gill; to Nash Legend. ESQ
Navy Agent ut Norfolk" and very properly leaves
out all mention OF his letter to said Nash Lcrrand
ne yet says To MIR Newton, "upon cursory inspec-
ton of tho accounts of the lao Agent as settled in
the treasury Department, 1t appears that he has OBJ
tened credit Tor the whole principal CHARGED
against him IN tho account with the Bank" Ia fact.
by the way, which the Bank knew Just as well as
himsef) The claim of the Bank then according To
the account shown TO the Secretary, was, as have
soid, against me, md not against the Government
IL Is then, only more and more apparent that tho
Bank never sect up" any claim against the Govern
ment for this aud If so there can be NO reason
or excuse, for bringing it into view in connexion with
my account with the Government, and the motive
Tor doing II may now be seen.
But our Auditor proceeds Mr. King maintains
that the an cunt overdrawn BY him is private loan
borrowed upon his checss'-lherc he suppresscs tho
words which added to thossswhich he quotes "as
Navy Agent (backed of course by my personal res
ponsbliIty, with obvious design to misrepresent
me land ought not to be taken into account in the
enquiry whether he was or was not defauter. The
correspondence alluded 10 shews that the officers OF
the Bank did not consider it in that light (Ttue
enough-thcy did not at first) They are not in the
habit OF lending to gentlemen $4,000 upon heir
checks" there he suppresses my said words agaip)
"wthout security. Ii was Mr. KINGS pubIic char.
actcr, the confidence of the Bank in his integrity ns
a public officer, and firm reliance that he would
receive the suspended "remtances, that induced them
10 pay ms checks. 1t was not with his funds. but
with funds 10 be RENTED TO him from WASHINGTON
that they expected the debt To be paid II was no,
until October or November, that the Bank obtained
security from him" (lt was OH the Goth OF AUGUST
that freely gave it, 1T was not, therefore, pr-
vate loan, but simply an overdrai as Navy Arrn,
Now it is not true, certainly that have ever
represented inc money which obtained from the
bahk as "a private loan 70 me- but ii is Secretu-
~ and Auditor themselves who have chosen to treat
ii as such At least they have refused to recopnze
II as ian advance to the Government" as il was in
reality pre!eiring. for some reason. to call it an
"oVerdratt of mine In other respects, our Auditors
account is very nearly repetition of my statement,
which he yet prctends to be contradicIing Mys,ate-
meut Ill my answer to the Secretary was that 81 Dor
rowed' the money from the Bank on my checks as
Navy Agent, backed Of course By my personal re-
spnnsibiy and that liberal and patriotic institution
knowing the Object for which it was wanted did not
hesitate 10 lend 10 me, in the Just tho disappointed
expectation that my acquisitions would soon be hon
ored by the Government, and my checks accordingly
redeem ed But sure this is representing il as
private loan to me. find, however, tina, the word
borrowed" which used was not precisely the pro-
per one for the place: and it has been abused see
by oSr Auditor, while it NAV have msed others
The fact is, only drew the money from the Bank TO
pay oil demands against the service, which were
constantly coming IN against me, and which there
were no funds Of the Government in hand or in the
Bank, to discharge. viewed It, therefore in the
light OF an advance to me for the use of the Govern
ment, as 1t really was and Mr.. Newton's letter shews
that lie regarded II IN the same asDect His words
are: These advances have been made solely on Go
Vernment account, and to subscrve The public inter-
est, III accordance with pracsc commencing with
the establishment, of this Office will be seen by
reference to our returns made weekly to the Secreta
~ OF The Treasury, and Treasurer of the United
States. In most instances, acquisitions regularly
made and approved were exhibited at this office To-
shew the objects for which money required upon
der
interest, or Naval service, advances ever have been
made, e!en when there has been no MONEY! at the
credit OF The Navy Agent, or Treasurer of the Uni
tea states. Besides being made acquainted with the
oUecis for winch money has been required, il was
known from day TO day the payment of the checks
OF the late Agent, that The MONEY advanced was ex-
pended Tor Naval purposes, and these checks spe-
cfyng the object Tor which given, drawn to:ordcr
and receIpted, are III possession of the office in
evidence OF the CAIN against the Government and
OF the application of the money their account"
Now from the nature OF this transaction thus explain
Cd, 1t is obvious that there might have been some
good ground for the Bank TO have set up a claim
against the Government on this account: and es
pccialy as there formal or direct understand.
ing between the Bank and MYSELF that this money
was 10 be advanced at all; but it was simply adj
VaRccd, matter of course, ACCORDING to the for
mer Practice, Mr.. Newton has stated--I might
have commended, therefore, if had chosen, that i,
was III fact loan from the Bank to the Govern
ment, at their request, implied i'll their sanction of
slitdf auNaICcS on many FORMER occasions; and left
the Bank to look to the Government for it. But
although | certainly did not regard it as a mere pr-
vac loan 10 me, yet when the Secretary refused
to honor my acquisitions for the sums which | had
paid with it, as Mr.. Newton's statement clearly
shows, for the Government, ] thought TINT As had
ped the Bank, however Dnoccn H., into tbs cmbar-
fassncnt with the Government, | ouGh not TO let
1t suffer- for moment, from any act of nine; and
/ accordingly assumed the sum # it had been my
private debt. Af;or this, having secured il as have
hN a Gppli in tri m ~ ne
went or to hand in my claims against the Govern
mcnt, including the items OF this account with the
Banks and intending to settle with the Bank as soon
rs the Government, which was moro largely m my
debt, settled with me. II i entirely plain, then, that
l have never intended TO represent this advance"
oftha Bank, private aiFii- of mine in ITS origin
but have only and Justly contendod that after the
Government had refused 10 recognize it as public
one, aud made Il my private debt there was then
no proprlcty, or honor, in referring to il at all
But eur Auditor. gong in his way, argues,
cha, the case would not be altered If it were las
1t certainly was not) "a private loan, obtained upon
his note secured in due form --'Thc question: no