Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1832-04-24

Bank Of the u. States and Prnters-Thc PHI
adclphia Sentinel of last Tuesday, makes the fol-
loving disclosures. We differ from that paper, our
friends of the Intcllgenccr, and most who have
touched the point, i'll finding fault with the Com
mttce for examining the accounts of Individuals
by what other mode ould it be possible to asccr-
tain the condition of the institution or, if it has
partially and improperly loaned the funds of the
Stockholders, detect the misconduct We know of
/ no other way. Unless pursued the Committee
must needs have contcntcd itself with such gene
raj statements Bank Officers might choose to
make, and assuming the existence of mal-practics,
every man must perceive, that Bank Officers would
take care to reveal nothing compromising them
selves or the Institution by which they lived
Any mode ofinvestigation, but the one adopted by
the Committee, would have been a farce. Credit
is delicate thing, and private transactions, should
not if it can be avoided, be laid open public view
but the public interest docs, and should supcrsedc
personal and private; and when these accounts are
far and reasonable in themselves, jnstifyng neither
imputation of improperly against Bank debtor,
our obtuSeness can perceive no injury which their
examination can inilict upon credit docacy.-
Messrs Gales X Scaton, who, it viii be observed,
are customers to a smart amount, maintain that the
Bank Committee chad as good right overhaul
their ledger, or subscription list, and publish their
version of it, as to medic with Printers Banking
| Accounts" We do not discover in this declarat on
the usual discretion and moderation of the Editors
the Intelligenccr. The Committee had as good a
right to examine Printers accounts, as any body's
else; and we have shcn that unless private accounts
were examined, the mission ofthe Committee to Phi
adelphia would necessarily have proved fruitless If
they were examined in u spirit not correspondent
with the general duties of the Committee or the re-
suits made known for political effect then the Com
mittee has abused the confidence of Congress But
this has not yet appeared. Whatcvcr has appeared
has undoubtedly leaked from Witnesses and not
from the Committee. In short, from Committee on
which Adams and McDufic were prominent we
shall await full proof, before VIC admit error of anv
kind.
As to the stir made about Printers borrowing mo-
ney, and the nsinuation of corruption against them
and Banks, because they hare borrowed, none but
an ass knave would deducc any such infer
encc, or pretend to hold an opinion which denied
them an equal right with all others. The Standard
| at New York, and the Globe at Washington have
been most busy in propogating these low and CON
temptible nsinuations-tho Standard because his
| rival of the Courier s. Enquirer Kernel Webb
was understood to be borrower-the Globe, be-
cause both its rivals, the conductors of the Intc
gencer and Telegraph, were suspected or known to
be in banco. The amiablc motive was the some
with both-to destroy rival, by imputing corrupt
lon When it is proved that Webb Green Gales g.
Seaton, or any other, has got money out of Bank
without competent security, or upon other than the
legal or usual terms there will be some color for the
ascrIpton OF an improper understanding between
tie lender and borrower. 1t will be observed that
the sentinel expressly denies that any of the emu
merated Printers have done so. Would the Globe
nave been so forward in founding the accusation of
bribery and corruption upon the circumstance of an
EDITOR borrowing from the Bank, had it known chat
our venerable neighber was in the box? Doubtful.
For our part, we can but admire the strict impair
tlallty with which the Bank dispenses its f,vors
to all sorts of Editors. In the list below. we have
Printers of every hue-Gales & Seaton and Walsh
belong to that great and growing party, called Ma
tlonal Republicans, or friends of Henry Clay. Duff
is suspected of Observation-Disclosures and Kernel
Webb, are shining lights of the Republican, or
Jackson Van Buren, party. Were it possible TO Sis
pcct the Bank of favoritsm, seeing how indiscri
Intimately it provides for all, we should say it had =
leaning to Van Barren, as Richie and the Kernel
between them, have got the largest slice.
That these gentlemen had as good right to bor-
row as the best man in Wall street no man ofeo,.o
will deny. That they rendered security which en-.
titled them to what they asked is as little 70 he
doubted. We hope, since all parties through their
Printers, are equally involved, to see no more of
such vile stuff as has lately disgraccd certain prints.
We call for the pcrusal oftlc following:
From the Philadelphia Amc,icaR Sentinel.
Snch an iuquison as that lately prosecuted II
tins city into the affairs of the Bank of tho II
states, however private in theory, cannot b., kent
secret in fact. Too many persons are interested;
and most etlhcm, az they conceive, injured or in
suited by improper violation Of their confidential
concerns. Accordingly it is currently rcporicd
and believed that the following arc anon, tbc
'frnter's Discounts" (as :hey are callcd) which
were most earnestly inv estjgatcd, viz
Gales q Scaton, Notes discounted for e2l O9O
Duff Green, do do Ia nm
Thomas Richie, do. do IN oo1
J. w. Wcbb. do do. Is'ooo
Robert Walsh, do DID, 9 2n1
ihesc notes were all negotiated in the ordinary
course OF banAiBg business, on a satisfactory So
curly and the usual terms. In two of the jnsfon
COS the monies raised in anticipation of puII
occcPanccS to pay for paper purch scd TO print IN
DER contracts with Congress. No DEALINGS are
supposed, or, it is believed, can. be- susncc.c l I