Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1832-06-21
WHOLE NO. ZIG

conclusive evidence Of their being
eroundless. On the contrary, when It is
known that political attachment, IN times
'ol high party excitement, often seeks to
screen from justice atrocious offenders
against the laws, it may be presumed To
be no ordinary ease where different
parties, violently opposed, make COM
men cause against any person who is
regarded as parizan Of either In
making these remarks, must not be un-
derstood as assuming the truth Of any
charge, hut merely as oIjeciing to G
course of action that either resisfs inquiry,
or, what is of the same tendency, enters
upon it with full persuasion that II Ia
not called for"
The Directors ofthe Bank, il appears,
without waiting for this additional spur
to action, had dete rmined to institute a
rigorous examination of the complaints
against the Administration Of the Ports
mouth Branch, and had devoNed that
duty OH the President Of the Bank HIM
sell, who was absent, it seems, on that
and other duties, when the Secretaryns.
last letter reached the Bank. To that
letter, Gen. Cadwallader, the acting
President of the Bank, returned an an
swer, after some days interval, on the
4th of August, stating that he had in
tended TO leave the subject of the Secre-
tasy's last letter to the President Of the
Bank, when he returned, but that he had
been instructed by the Board to express
To the Secretary "heir entire concur
rcucc in every sentiment commune ated
in the letter ofth President Of the Bank
of the 18th July" Gen. c. further
says
'Iest, however, any misapprehension
might eAist as to the opinion they enter
tain of the perfect exemption ofthe Bank
from any political bias, it is deemed fit
to rercat precisely that opinion, which
was, as viii be obvious on recurring to
the Presidents letter, not general
voucher for the freedom from error OF
FIVE hundred persons, but an assertion
that there were not another equal num-
ber of men, of the same intelligence, SO
abstractcd from public affairs, and that no.
loan was ever granted to, or withheld
from, any individual on account Of politi--
cal partialty or hostility.
Ills OIlfilpu u TcUcTdteu ny Vuer
members of the board with the fullest
confidence; nor need it be very surpris--
ing, that, while hundreds of thousands of
our citizens in the various pursuits of
life, refuse to yield their honest convic-
tons to party pref iudices, few hundred
of our countrymen, carefully selected
from the most independent, intelligent
and upright, should be found sufficiently
honest to prefer their duty to their party
"lf, however, il can be shown. that, in
any quarter, the officers Of the Bank
have lent themselves as ministers Of
party, or have used the power Of the .
corporation to political purposes, not q
moment will be lost in visiting such Of
fences with the utmost severity Of cen--
sure and punishment"
The receipt Of this letter is briefly and
tartly acknowledged in a let
ter from the Secretary, Of the 9Th Of
August, 1929.
Then comes-But, stay! There is an
episode to this correspondence, which,
however, furnishes guide to its true OBJ
ect and unraves the whole web, OF the
lcsgn, TO accomplish which the Execui.
i've power was put in motion. The reader
nay recollect that at this time, viz lin July,
1929, a gentleman Of the name of Isaac
Hill filled, by executive appointment,th the
office of Second Comptroller Of the Trea--
,ury. The subjoined Letter from, that
gentleman, signed by him officially, was
presented to mr. BIDDLE, in person, by
he two gentlemen Of Philadelphia to
whom il was addressed. 1t would be q
'ity to mutilate so imposing document,
md we therefore copy il entire:
WAsHiNGroN, July II, 1899.
"Gentlemcn: Agreeably to my sug-
,estion when | saw you in PhiladelphiaA
now send you two petitions to the Pres
dent and Directors of the Bank Of the
United States, asking for a change in
he Board Of Direction at the Branch in
New Hampshire, together
With letter from John S. Jenness, Esq.
respectable merchant of that town, in
avor of the same object, and requesting
hat YOU will present them to the Presi-
lent OF the Bank in your city. One Pc
ition is subscribed by about sixty OF tho
most respectable members Of the .Ne,c-
Hampshire Legislature, naming suitable
ersons for Directors at Portsmouth, and
he other petition is subscribed by most
{ the business men, merchants, at Ports
,ouih, without distinction Of party.
"Haring recently spent sererai weehs IN
Vew Hampshire, am able to say, from
ny own knowledge, that the sentiment OF
dissatisfaction ON account Of the recent