Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1832-09-21

"Sir Marmsduke Warren Peacokc, 1t. General, Sc
owning $4,000, would have received $i2 5000.
Starring, Brothers & Co" one of whom recently
selected TO constitute member of Tory Anti reform
Cabinet in England, but deferred from accepting by the
power OF public opinion in favor OF Reform
! ONE HUNDRED AND NINETY-SEVEN THOU
SAND EIGHT HUNDRED AND SEVENTY FIVE
DOLLARS Of our republican, bOuntyn
is right for Congress legisate money this rate,
not only into the pockets of rich citizens but
the Golfers of The enemies of Liberty ia Great Britain2
The PEOPLE OF the United States can have no induce
ment to sanction acts of this kind; but this may be
the with some of their members OF Congress Those
on whom such JdrorS bestowed, have iavos give in
return Some members of Congress interested indi-
recy II not directly in the stock of the Bank. Others
nav received extensive accommodations. Others are
uelr Iced iawyers-eed too at most exravagant rate.
The two leaders OF the Bank phalauX in the Senate
DANIEL Websfer and Henry Clay.
The name Of Daniel Webster appears the list OF
stockholders but he declared in his speech against the
veto, that he held stock having probably transferred
1t alter the Bank applied for charter lest he should
appear TO vote for giving money directly himself But
Daniel Wcbscrs chief interest not in the stock which
he held II discovered by the Committee of nvest-
CATION, that he had received from the principal Bank,
as lawyers fees, upwards of EIGHT THOUSANDS
DOLLARS. What he has received from the Branches,
they did not ascertain. In oHe disclosed by the
Committee the Bank gave him one hundred dollars for
writing eight tcords being at the of t,ceice dollars
fifty cents per p0rd! Had Mr.. Webster an interest
in which was TO preserve such a valuable ellen?
Mr. Clay in 1Sll voted and spoke against the old Bank
oil the United States on the ground that both mex
pedent and UNCONSTITUTIONAL At subsequent time hav
commenced the practice OF law. He employed 10
attend to all the law business of the Branches Kentuc-
ky and Ohio but what he received for those services
has never been disclosed The committee, however
detained that he had received from the principal Bank or
professional services" upwards OF SEVENTEEN THOU
SAND DOLLARS. This much is certain; and il is
probable he has received enough from the Branches
make it THIRTY THOUSAND! Had Mr.. Clay in
terest in his vote for this bank? Had he not ofpe TO
he liberia the stockholders Of an institution which had
been so liberal to him.
But he had another interest The Bank has underta-
1e,lfT He
object OF the Bank in coming forward now,
tain whether General Jackson would consent re-char
ter it or not that all those interested might go against
MN II he would not, in the coming election. And whom
VIII they goJor, ii they go against General Jackson
For the opposing candidate, Mn Clay The object of
the Bank therefore, as Mr.. Clay well understood was
support him for President in General Jackson refused
to award 10 them new charter. That he would refuse
Mr. Clay never had doubt.
ln voting TO recharter the Bank, therefore, Mr. Clay
had both Pecunary and political interest. II him
most valuable CLIENT and it had resolved put forth all
It's money and power TO make him President
In these interests of leading in Congress, the pco
pie may find the why that body was deuded into
Arstocracy OF America, seren eight millions Of dollars.
ihey well know how far the Bank candidate for the Pre-
dency deserves the support Of those whose interests he
mas mus endeavored TO sacrifice; and they will duly APP
prec1ae the hrnness and patriotism of that who dares
TO set all these corrupt influences defiance and rely
support on The virtue and intelligence OF his countrynen
MIR. CLAY AND THE U. 8. BANK
The following is the report of Comsttee of Congress
IN lSll TO whom referred the memorial of the stock
holders OF The u s. Bank praying for an extension its
Charter sc. Mr. Clay Chairman of that Committee
and was the writer OF the report The sentiments con-
tanned in that report well those which appear Mr.
gays celebrated speech, of 1911, in opposition the
Bank, agree precisely with the doctrines of the Veto Mes
sage OF President Jackson. Yet, how strangely men
change. In wentyone years, Mr. Clay has proper,
not only to recant his former opinions this subject, but
become The most inveterae opponent of any who
should adopt them. Such marvellous revolution in
opinion in so short space and without any apparent sui
fcent cause must be owing TO much potent agency
! IMAM the operation oil honest reason
"MARcH 2, 1911.
"Mr. HENRY CLAY, from the committee on the inc.
mortal OF the Stockholders Of the Bank of the u States
made the following report
"Tha your Committee have duly weighed the contents
oil the memorial and deliberately attended expla
nation OF the vows of the memorasts they have though
proper TO present through their agents:
Ihat, holding the opinion Gas a MATURITY of your Com
mee dog that the Constitution did authorize Congress
originally TO grant the charter, it follows as necessary
consequence OF this opinion, that extension of it,
uder the restriction contemplated by the Stockholders
equally repugnant TO the Constitution. But if it were
possible to urnoun the fundamental objection and if that
rule which iorbids during the session the Senate
the agitation of proposition decided were dise-
garded, the committee would still be at loss to fud suhi-
cen c proonging the political existence ofthe cor
poraton Tor the purpose of winding up affairs for
Asst respects the body ITSELF is believed that the ex-
listing laws through the Bstrumentality of trust proper
iy constituted, afford ample means qualified connu-
of the charter would for the liquidation its accounts
and the collection and final distribution OF its funds. But
should any Inconvenience be experienced the subject
the committee persuaded it will be very partial and
such as the State authorities, upon proper application,
would not fail provide competent remedy for And,
In relation TO the community, if the corporation strip
ped oil its banking powers TO fulfil bona de the duty
OF closing IFS affairs, your Committee cannot seq that ma
teral advantage would be derived, while on contrary
II should not act but should avail itself of the
porary promu gaton in order TO effect durable
tension OF IFS charter might in its operations become
serious scOtwge.
Your Committee happy say, that they learn from
satisfactory source that the apprehensons which were
INDUCED TO the distress resulting from non
oil the charter are far from being realized in Philadelphia
10 winch the information is coDhnedIt long since
obvious, The vacuum III the circulation of the country
when was TO be produced by the withdrawal of the pa
per oil The Bank Of the United States, would be filled by
paper Issuing from other Banks. This operation now
tualy going on the paper of the Bank of the United
states Is rapidly returning, and that OF other Banks is TAX
ing It's piace-Ihe ability TO enlarge their accommOda-
lions is proPoronably increased and when it shall be
iurther Increased by removal into the vaults those de-
posts when are IN the possession OF the Bank of the Unit
ed States, the injurious effects of dissolution of the
poraon will be found to consist in an accelerated dsco
sure oil the actual condition Of those who have been sup
ported by the credit OF others but whose nsovent
terng condition. known TO the Bank has been concealed
from the public at large.
"Your Committee beg leave present the following re-
solution:
"ResoUed That the prayer of the memOralists ought
not to be granted"
VOICE OF GEORGIA.
SO far meetings held in nineteen Countess have been
published in paper The principal object of those
meetings TO take into consideration the subject of the
tariff Tor the protection of manufacturers and thew have
Oeen distinguished by the complexion Of the resolutions
adopted and by the political principles which pervaded
mem Ii seems that wherever they have been held, the
spirit which prevailed at the meeting in Athens either
predominated was rejected We shall therefore place
all together those counties which have adopted resolutions
similar 10 those OF Athens or adopted in the spirit