Martinsburg gazette and public advertiser. [volume] (Martinsburg, Va. [W. Va.]) 1826-1833, 1832-06-21

D GOtftIadllt " " u duurCrs anu " C0Q" AO0atI
public opinion demanded his removal. Just at
The moment when the administration had
declared TO the bank that public opinion was
the only safe test Of such accusations.
Happily, the board Of directors are but
little sensible TO influences of that description.
Instead Of yieIcing to these complaints, they
examined them. and, after a calm and tho
rough investigation, they found that all these
accusations tcere entirely grosmdless; that the
most =ealots OF his enemies did not venture 10
assert thut he had erer, on any occasion, been
influenced By Political feelings, and that this
public opinion, so imposing in the mids Of
distance, degenerated into the personal hostiI-
ity Of a very limited, and for the most part,
very prejudiced circle. Mr.. Mason was,
therefore, Immediately re elected"
"Afer a very deliberate, and WI hope a
very dispassio ate consideration Of all these
circumstances, the board OF directors think
it evident that the secretary Of the treasury
believes
LIST. That the regulations between he go
verument and the bank confer some super
VISION ofthe choice of the officer Of the bank.
ito the proper management Of which his in.
depreciation is authorized.
'sThat there is some action Of the govern
ment on the bank, not precisely explained,
but in which he is the proper agent; and, fl
naiiy,
sd. That it his right and his duty to sug-
gest the views OF the administration as to the
political opionions and conduct of the officers
of the bank"
After examining and prostrating all these
doctrines, Mr. Biddle saws:
at is, [ hope, almost superfluous tn add,
a "a II .A-l M.
their duty to express their dissent from your
views in regard to the administration of the
bank. the difference is wholly u~nacconnpani-
ed with any feeling of unfriendliness towards
yourself or the administration To both, in
given the most cordial support; to both il
will, hereafter, give a cooperation equally
Jealous in all its appropriate duties.
Mr.. Ingham's reply. says the intelligencer
is long. elaborate in part, and in part ~ironical
and sarcastic. He disclaims any knowledge
OF M. Hills movement against Mr.. Mason,
of which there cannot be a doubt he was
ignorant. He was, ii is evident, the agent
Of the designs of others, and not aware pro
badly, of the impulse by which bis own mo
ions were urged. lie contends stoutly for
the supervising power Of the government o.
| yer the bank, and its power and right to coerce
it by withdrawing public deposites, &c. For,
says he.
cine hank cannot, il it would, avoid the
faction of the government in ali its legitimate
operations and policy, however disposed it
might be, after calculating the immensely Of
its Golfers, and the expansion Of its power, to
assert a superiority or insensibilty to such
action. The pretension could only excite a
smile; compared 10 the government, the bank
is essentially Insignificant"
Asserting the power, the secretary, howev-
err, says for himself, .tno one can more fer
ventiy desire than | do that the bank shall, in
all its ramiGcatioRs, be absolutely indepen.
dent of party"
The fnal letter of Mr.. b. on the subject is
short, beginning as follows:
81 had yesterday the honor of receiving,
and rave this day submitted to the board oil
directors. your letter of the 9th inst. (Octo-
Der, 1920 They have instructed me 10 say
in reply, that, that observing, as they do with
great pleasure, that the views which they
thought disclosed in your previous CORES.
pondence are disciaimed, the whole object G.
the board, in renewing it is accomplished
and you will have the goodness to consider
the remarks bearing on the presumed asser
ton Of those views as no longer applicable.
The point of this letter, however, is to bt
found in the following paragraph:
You have quoted various passages oil the
correspondence between the secretary of the
treasury and the president OF the bank, to
prove the unsuspicIous tone OF their inter
course. This is perfectly true; but, you will
| find that every one of these letters related Il
the proper financial business Of the treasury
and the bank. They are not more cordia
than what has already passed between your
self and the board on similar subjects, ant
what I trust may often pass hereafter. Blu
to make the cases at all analogous, it woul'
be necessary to find an answer to some lette
from a secretary of the treasury, conam,fsca
ting the cic,cs Of The administration as 10 III
mode Of choosing and dismiss'ng the officers 9
the bank
We have now gone through with our ana
lysis of the forty actavo pages occupied b
these documents, and we believe there ar
few Of our readers who will not agree wit
Mr., Adams, that they are more deserving {
the attention Of congress-, and Of the natior
than any other of the papers commented uI
on in the report of the majority Of the con
mittee. -
| We were, some days since, DESTROYS {
noticing a report, which originated in som
of the Northern cities, relative to the Nj
CHANCES Bank of Alexandria, but were owe
. ruled at the time by the opinion OF thos
most interested In the Bank, that any motto
: in the newspaper was unnecessary, and thi
= they preferred giving testimony OF their ST
u bility at the counter oil their Bank.
Such a course may be well with regard
- IT, <N..