Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1832-10-05

in principle it would BE- the same and would vary from il
only in degree
Our fathers thought they had rescued our country from
British thrdom. They declared their ndep and
many OF them sealed the declaration with their blood. But
we are TO be again conquered Ii Is not enough, that
lew hundred rich men in small European island have
edced their own people 10 the most absolute slavery,
have made all ireland labor amidst misery and groans
their cmoument. and in the East Indies have sought Tor
gold in rivers OF Indian blood America is TO be re-subju
gated and recooniscd by armies navic,
the soul stirring conflicts of mNrderous war, but by bb
ing presses and corrupdng statesmen, poisoning
the fountains Of public intelligence. and scattering pes
encc i'm storms OF interested elOQuence. Hope fear
rice ambition, every poent bad and furious passion
be brought 10 the conflict by an union of all of
factions and Interests. spreading delusion with thousand
pre- and ten thousand tongues it is expected that the
heroes OF 1776, and their survivors and descendants of
1872 will be made their couqueror and our country
virtually reanncxcd to the Empire Of Great Britain We
shall eivcup our boased freedom and in the words of Mr.
Clay"erchdnge the condition Of Independent proprie-
tors for that IF stewards" for British Lords.
But should the President Of the Bank be patriot, and
permit the people 10 have President of the United States
aud Congress, as Caesar did the Romans, have Con-
suls and Senate how easy would il be for the British
stockholders to take the power OF his hands, Foreign
stockholders have right by the charter vote for D
ecors but they may covcry convey their stock TO
IN America, employed and paid according to their
will The annals Of this Bank shows how easy it is by
ariiu devices for few designing men TO control
the election OF Directors.
1t is matter of history that the stock Of the Bank was
originally taken in upwards of 81 900, Names when the
real owners OF the stock less than 1000! The
ner IN which this done and its subjects disclo
cd ~ an investigation into the affairs and management
the Bank by Committee OF Congress in 1919. In his
examination, Geo. U|HiumS, Esq. OF Baltimore then
Director, deposcd as follows viz:
"The whole amount subscribed nv him in Baltimore
amounting TO l73 shares, taken the names of nd
vduas one share 10 each name; that subscribed i'm the
western country was in small parcels Of and wcnty
shares he subscribed aS attorney Tor the whole 1I73 he
could go into market and buy names at elepen uence
apiece and thai ,cds the practice. The whole of the
hey were transferred to him. See Niles Register, VOL
10, page AIS.
In memorial afterwards submitted to Congress, Niles
vol. 10, p Z, hs says:l
"Wih regard 10 the first allegation he obtained names
and subscribed one share each them for the sole OBJ
Jet OF securing considerable amount of the stock" Sc
"Ihe tcholc If NE cieren hnidled and serenity t,co
shares tceTe cofed singiy at he FIRST election" Sc
by tho charter MIR. Williams could have given but
thirty rotes the 1873 shares if they had ali stood in
his name; but by the device of buying at eleren
pence apiece and acting their attorney he was enabled
to give il42 more votes than lac entitled by law
many DINER like cases were developed. The number of
hcitous subscribers about IS 0O0 and tho two first
elections of Directors were made by these illegal and
fraudulent votesl
Could few British stockholders with almost eou,I
fcty, create fictitious stockholders in America and bv
their votes put out patriot President and Directory should
such phenomenon appear, and put in n supple insr,
men of tleir will? Might not they also buy names .at
eIeren pence apiece higher price transfer share mr.
more oil stock TO each, and secretly direct them whom to
pun out ana whom TO put in! Upon the approach of war
"a Mr. Clay said, in 1871, edo you dpprehend that The
English premier coid experience any difficulty in Oh.
tanning The entire control Offhis iusfti03, million
II TO such of our people believed or affected to be-
hevc tho war "unjust aud wicked"-tha enemy was
the buwsrk Of our religion and that il was "unbecom.
ing moral and religious people rejoice in our Victories
would more ehecinay conquer country orcS us to
make disgraccuI peace, than ten millions expended i'm
equppng fleets and armies. Our very sinews would be
cut and we should lay at the mercy Of a weak enemy
inns Is the machine which our wise statesmen have in
vented for the aid OF our Treasury Iis this which, thew
say absolutely necessary TO the prosperity OF the people
and the operations OF government! 1t has already
concentrated in the hands of ONE MAN who elects The
Board OF Directors that make him President an uncontro.
abe power over the currency of the country over the
State Banks and the fortunes of thousands of our peo
pie" lhas already made many the tributaries and depen
dans OF few and furnishes 10 the nobility and gentry of
Great Britain the means Of raising revenue in Ameri-
ca The permanence and success of the system under
suc an act as that lately passed. would place cur country
IN the condition OF Ireland, bear OF the proceeds of our
labor TO enrich English Lords and Bishops and in time of
war PROSTATE our government at the foot of the British
Throne 800 T"
We intend 20 give brief history of the ORIGIN and
gress OF ts Bank, by which republican people will the
more readily learn 10 appreciate its character and tendcn
cies.