Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1832-06-15

vered in 1850, 1881 stated our paper yestcr-
day-Lb
. From tho New York Evening Pos,l
hEssRS. EDIroRS;-Tho following examination of a
President OF Bank is hypothetical, MIR Adams would
say.
b. Are you President OF the U. S Bank!
a. Yes.
g. Are yon familiar with the business of Banking
a es, perfectly.
Q. Is the system established by you perfect?
~ Nes,n is pcriect--it is admirable.
=. DO you ever discount before they made?
~ YES very often, 1t is common dciice--undcr
certain circumstances.
- q Then you discount; notes and loan money for the
Bank and obtain the notes and other security afterwards il
you can?
A. Yes, tla, is the way manage the affairs of tho
Bank in Philadelphia
y. What would a New York or Boston director of n
Bank think of such a system
A. lie would call it the perfection of management.
" Dld the Bank loan $4,000 in that manner!
Q. DID you loan $4,000 in the same manner!
@. Then you loaned $50. 900 altogether?
y. no: loaned only $4,000 out of my funds !!
g. Then You did not loan Sis coo for the Bank
\. o yes: loaned it for the Bank.
q Where did you get the money lrom
A. Mhy-i-took it out of my pocket
q. Was il yours?
a. les-O not was the Banks.
the Bank, TO loan
\. Certainly not.
O. Did you discount the amounting to SIS 900 by
order OF The Select Committee?
A. Yes.
BOOKS ct the Bank, il it fair business transaction
a. because discounted then, with my funds.
y. Then why enter them all, at any subsequent
sncss? " WIS '0'' 0'' ""-
A. Because discounted them for the Bank
" Did you inform the Directors Of the transaction?
a. No-no until about nine months afterwards.
~ W lien you discount notes for the Bank, DO You put
them into pockets and carry them with You for eight
Bank? ~
A. | generally forget all about them
Ar ir,l,t WILL 81.
low? F "'' y '''N'' " ''''pS iio'-
a. acknowledge my relationship.
-. Do you consider your breeches pocket as proper
vaults of the Bank, in which deposit notes discounted
ana other securities belonging to the Bank
@. II Committee had not been appointed by Congress
20 investigate the affairs of the Bank suppose YOU would
nave kept the notes discounted for Noah Webb
ing TO $4,000, i'll your breeches pockets L. 3 f. and
years-thc time they TO run
~ cS, II was my iuculion TO do so.
O. Have you hired the Courier and ENQUIRER in YOUR
JG'r business hansdctiOnS7
a. Yes.
Q. How much have you paid thcm2
y. $4,000.
Q. What is the amount of YOUR property. if notes
amounting 10 $4,000, discounted by you for l. , s. f.
D. ana years, is too rfng for you otlnk of?
Q. Did Henry Clay challenge John Randolph for
speech made in the Senate of the United States?
Q. VAST then considered breach of privilege,
a. No.
Q. Did he not set very bad example?
Q Dhino Henry Clay against charterng the u
o. '"nk, because 1t was unconstitutional
A. Ies-that he did
g. Does not Henry Clay wish fasten the odious Ia
riil upon tho Southern States forever?
a. ics, he'd rejoice TO do il.
q. Does Henry Clay Glove the Iri,h:'
y. es, just as much as hc loves Gen. jackson.
" DO you not prefer peace and prosperity war, pes
thence and famine?
~ Certainly, and so does all Pennsylvania.
g. DO you intend TO publish book Banking?
a. Yes
g. How many copies have NTcssrs. Adams and McDur-
he subscribed for, for Massachusetts and South Carolina
y. don't know.
g. One question more, Sir-when you discount notes
with your own funds by order of the Bank you can enter
them on the books OF the Bank just your
ry ebbs and flows, the bargain suits YOU?
phia.
The Calhoun Organ of yesterday has the following text
on one page, and the commentary that succeeds
thor
"Ihc Vice President is not candidate FOR offce-so
lar from standing in the way OF Mr. Ritchic yoritc can
ddaic nc passive as between the two great rivals now
before the people"
" Should ticket be submitted to the people reading
huS-john c. Calhoun, President, and Philip j. Barbour
vice Presidents such would find friends even in
New England and friends quite numerous Cen
era jackson or MIR. Ciays friends would like '-B
We are requested by Mr.. Alexander of Virginia to an
nounce to his constituents, that he will not be candidate
Tor Congress at the next clcclion.-B.