The Arkansas advocate., 1832-06-13
From the Daily Cincinnati .a1acrican.

malice, attacking the honest aud truly respectable; such a spectacle have we lh tile report of the minority of the bank committee; and moro than this,-out oi their own mouths are the prciudiced Investigations defeated. $ We are au- thofized tosay,7 statesthe report, s'that a n'yofity of the whole committee arc of opinion that nothing has transpired inducing the slightest doubt as to the integrity and good behaviour of the di- rectors;" for Col. Johnson (memberof the majority did publicly soerpresshins- seY. itis always grateful to sec probity and discretion rise from the foul msts with which malicious detracton always finds 1t easy to cover them; but parti- cularly is 1t a matter of triumph when, as in the present case, the consequence ofsuch a victory involves the public con- veAienee-though true it is, that the abuse, by it's governors, of the charter of the bank, would by no means imply faults in the constitution ofthe bank, but only point to better officers; yet the exeulpation of the directors will doubt less prove strong addition to the argu- meuts for the continuance of the char ter. The character and utility of the bank stand higher than before the inves- tigation; as proved innocence stands higher than suspected guilt. It's ene- mics were allowed full scope to establish true charges, or bolster up false ones; the result is in golden letters before the people; and now, that tho excitement has been kindled, Congress owes it to the people of the United States to settle atonee the question as to the renewal of the charter, and to set hopes and fears at rest; for in so doing, they promote or retard the prosperity of the ceun- try-especially that ofthe West: take away. for instance, the bank from this city, (and it is fair specimen of the whole newly settled part of the country) and who does not see that it would stag ger the interests of the community and of the individuals composing it; it would recover doubtlessly-for its local resources must be sufficient eventually to support it's present march of improve ment: but it would visibly suffer-the merchant, the manufacturer, the me- ehapic, all would feel the distressing n- llucnce of such stoppage. We hope, and more than this, We deltieue, tie bank will be continued much as it now is: possibly some additionalrestrictions may be laid; but none to change materially the advantages enjoyed by the present form of charter. But arguments idle; :; the bank has for sixteen years afforded immense facilities to the whole commu- nity; millions attest it, and it has pas sed unscathed through the fiery furnace of hostility and malice: wherefore should it not be continued9
 We yesterday saw gentleman just returned from Calcutta, who stated io
 is so valuable are the bills of the Bank of the United States considered in Cal cutta, that premium of from five to ten per cent, is obtained for them, and that the recent attacks on the Bank are, consequently, calculated to destroy the confidence of the merchants of that place in this institution, as well as to diminish very greatly these enhanced facilities for carrying on trade. Since the introduction of these bills as sub- stitute for silver, trade had evidently revived; and it is a matter of general regret in Calcutta, especially among American merchants, that any course had been pursued in this country caIcu- lated to impair the confidence of the community in the Bapk,by rendering its duration dubious.-Phik Inquirer. O'Connei.-In a recent speech deiiv- cred at Birmingham, the Irish Orator referred, with enthusiasm, to our coun- try. "America,'' said he "at the end of lthis year. would have no taxes, no Na- fiondl Debt. This too, where there is no paltry Aristocracy, but where every man is treated as man. With such yis- ions of reality before him, he assumed, :, with greater confidence than ever, the hieh attitude of freedom. The spirit of liberty was abroad on the wings of Heaven. Her voice was heard in the plains of his native country, and her throne was on the green hills; whilst rushing from their summlts the noun tain streams murmured as if in natural melancholy over the existence Of desTo- stisn.