Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1831-11-08
DOM1,N8WIQ.
From the Norfolk Herald.

bANh Ot HE UNIFIED STATES.
Al the meeirg of Congress in December, 1929.
the Presidept OF the United S'aies (rei haps un. easor.
ably announced 10 that body, his opinion upon ,h.
sonsntutiohaliy and expediensy OF re nc W ing the Cha.
ter OF this Bank, which expires on tho 81 Of March
1886. II, 10 well known, tina, Report, in answer 4, Ia
psri Of ihe Presidents communisa loo, were made 10
both Houses Of Copgvess. These Reports were pts
pared wi h much ability, ard opposed 10 the view Of
The P~residen'. Mountaineering what had pa,.ed Al,
the previous Ses'ioo, the President was not deferred
from renewing he subject at the ops ming Of the $50.
sion 10 d. cember, 1880, end The matter thrro rested.
~ Cons req cid net act directly upon the sutj ct
wha'ever was The opinion OF Cong e,,. a, the la, S.s.
sion, there ean be no doubt hat the Psesiden's tpjp;o,
rtmsined uuai;er ed, and none but ,ho,e who are viii
ling to be deiude d, cAu believe ihati C d. j sk.cn l..
f..eiseied. got Wish, he tina, can doue', Is no, a pro
per subjest To be reasoned wi BY he will .ign a B.ai Tor
the renewal ct this Charter; sub,eq ien' acts OF IN,
Bank. have served 10 sou6rm The President in hi, OBJ
jeeiions, tome Of which will fall under notice. in m.
prosres, Of ;hese rema ks.
IL 10 moi cur purpose to examine the The P.ssid.n,.
sonduet, 10 what has been Ga led a prema,ur. exposi.
ton Of bis opinion, in making this COZ nun ,ation a,
the time he selected HIS friends wi h some appear
snee Of reason. give him credi, for what he has done
upon This occasion. II wa, they say, a CT ndid, and AZ
honest deelara ion OF his opinion upon what is sonsi.
dersd Of mater OF in Portapee TO the ecu TRY, IN de in
time %sufiaisnt for she people 10 aei az The eusuios
election for Presiden', with a foil kpowledg Of bis sen:
timentr. IL was far her. Gay bs hIepd.) q friendly.
and at The zane time, a ieriou' admoniton 10 tho D.
reetors OF tie Bank and its debtors; TO the form or to
be cautious in their operations, and 10 the lsl or, TO
avoid embarrassing themselves, " 18th debt', und, r tie ex-
expectation Of a renewal Of he Charter, ard, as a ma
ter OF course, a renewal OF their engagements e. 4. Sust
are among tho rsasops offered in justification If The
PRESIDENT; and sardeur must admit there is . me jus-
,iee and %sorndness In item. Tna, ird vidusl, shvula
disre gard hose admouiiins, 10 no, matter Of ,utpri,e,
mors especially wen they find hem dinegatdsd by
those, from whose p udencs and co!l.e,ed widom, much
was 20 be expected.
Hwouid spp.ar from facts before The public, ,bai
from the lime Tho PRECEDENT announced bis vie W., III.
Directors Of he Bark, instead of being prepared for
the worst, have determined 10 defy the sorm, by
means ihat W u certainly provo ru;nous 10 the interest,
OF the country, as well as to those Of the S oskhoiders
In tho Bsuk. Prudence suggested caution in ,he ope-
ration OF tee Bank, ad poiisy the wisdom Of not fur.
piabipg its oppeGenis with addiIonal causes for objec-
ton.
A hort review 81 tn, opsra'foos Of the Buk will
b. presented from ID sembsr, 1929 10 S pienbst, 1881,
8 ken ifom docum, n = Ia ni.hed by the ID reeto,s.
ID bt. u Not o.