Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1833-11-22


directors, who constituted majority OF the board. The
counting NJ oher isrorAui business
ch''er d pn'ed - Committees, from which the govern
ment directors excluded; that their agency
Influence, and even their means ot Knowing what was
doue, s'iisTheSe agents OF the COVE rnnc N,
thus became mVrcly nominal directors, destitute OF al,
power fulfil the important objects OF their m,
IL appears that at the crisis OF the ATTEMPTED renew
Of its charter, shot time pre- ,icus the bsnk
ITS loans 10 an aiuazns aad unaccouutAbie extent Ia
January, lS3t the amount oil is loans was only AZ mil
iionS-and III May, 1852 was 10 rmions being an in.
crease OF % millions IN rs onthsi, This measure
undoubtedly tken, fret, ,ase adj itiou, hcnIs the
bans ANA secondly, IN order that Tie hank might at pro-
PEI se"S"", nave Tie means OF cocrci"g these aud other
'eu oy threatening to take away their loans, and 10
rum thci", by Compelling immediate payment very
large amount oi this furnished To- printers aud
errs o' newspapers, without adequate security either
on loan, or purchase money! and some OF these editors
was 10 have been expected have since become insol
vent
Dy votes of the Directors the Presid.p, of tho Ran,
WIS auh or'zed TO use the funds OF the Bank witou, u
thhon. i" printing aud circulating hauos and poi,,ira
pamphlets. This done l., an alarmuy ex,.n, and !,
an immense expense while the las, election Of President
OF ths u , was pending, not~ the dissent md
the oil the The
VI "e.e extraordinary aud illegal expenditures during the
years 1881 aud lS3s e 00J dolar, This
amount MAS actually charged the books Of the Rank, to
Expenses or 10 printing and std ionery accounts Wha.
beyond This has been expended. for which the Presi.
ue"t had mo- yet rendered an account, was unknown
There voucher. for only portion this sum an.
these for the purchase huuireds oi Of
extra pers, reports aud speeches made in
&c nc io tree distribution 10 in fence the hen pending
election For very large portion OF the so 900 dollars
no vouchers were rendered; but The money paid or
,he mere check or order OF the President which, seem.
no appropriated according 10 pleasure and tor any
purpose he might think proper improper wrhou, hi,
rendering any true an proper account To be or
me hooks "t the bank should have been done or the in
'"aoe" oil The directos and stockholders the
uon anu security OF the From the
The expenditures for which vouchers rendered and
aced on lille, safely infer the character those
Tor winch II was not deemed safe expeient TO furnish
v'nchcrs III 50 large expe ndcd holly in th,
distribution OF ecctoneeng pamphlets and new sp,vcrs
la Ina thp maindar
which the president aud his CONDUCTORS were either alra
or ashamed was expended Tor purposes Per
maps the most able aud eloquent members Of Congress
were Iced to advocate the the Bank or pefap
presents were Afterwards made 10 tem in consideration
OF services rendered Perhaps plain, unisgued bIibeI
may nave been employed, to obtain votes OF those who
were deemed proper SUBJECTS OF such influence. AT least
we may suppose, that propretors OF newspapers were
or'oeh Or purchased extensively TO al, their influence
against Gen and in favour OF Mr. Clay aud the
bdhk As all the vouchers and charges oil these expend
lures were mixed and involved with the other Bank
pehes Oh The books, the
10 oo'a" voc OF the board, that the cashier should
oe FURNISHED "a li and particular of all tes
expenditure The board refused TO pass this vote and il
lieu oil u, voted their entire appreciation OF the doings
e president, with request that the c,arsc should
De continued by him.
In 1929 before This v.,e,n commo,,,
'v expenditures for stationery and printing were 1855
"ors Tor SIX months which il presumed the amour,
" e necessary AMI ordinary expenses those accounts
or every haii year Immediately after, this accoun, a.
Increased with great rapdity, and amounted alc
Tor six months, TO the enormou. sum OF 30 OOO doll
wen III Sh President Jackson say in his erpose that tn
votes aii resolutions OF the boarl directors tk.n il
conneX1n with the nture Of the expenditures as recently
d'scose" AMI which were approved and sanctioned b;
uie ar puts the funds OF the bank with all the govern
nen' dePoeS and it, portion of the capital stock A. the
HspnSa OF the President OF the Bank tor the purpose of
roynS The whole press OF the country the service OF
e oahS, TO hire writers and newspapers and to nav Out
s"ch Sums as he phases without he responsibility OF
Tehucting any SPECIFIC account Tn. baLk is thus con.
YER ell INTO vast e'ecioncering engine, with m-ans to
emoio The country in deadly feuds, and under cover OF
expenditures in themselves improper, extend is corrup.
all he ranlitie nspta
me only sop thrown any the Boston editors
.hat We perceive, "$2i22 65 to Nathan Hale for
oZ,'oJ copies OF Mr. Webser's speech" The Coure,
anu other lead papers appear have been strangely
hegecei unless they Included in the orders ,pih
out U0ucheyS 70
Iae question setted-lhe trends O! tue B,sk have
"ue ont TO their entire satisfaction hat the Bank OF tn.
C'eu oa es Is the Treasury OF the UuiIed States and
'"i We secretary OF the Treasury draw out 4
NJ oil The Deposites without OF appropriate m
"ere ore, although Mr. fancy is the Secre ary OF thu
treasury Mr. Bddle is The keeper OF the treasure
he can hand ou from his breeches pocket al his will
anu pressure Peaps II would be best constitute MIR
b"a'e Secretary OF the Treasury well the keeper OF
e treasure anu acts OF appOp iaticn will then he
sary "a lie Is already clothed with ample powers TO apply
'he money as he may deem proper.-BaL. Republican,
tFiom the Augusta ga Constituti ouul.t
-, MILLEDGEvILLE, Nov. Z.
Nothing oil any ineres, has been done in our I.y;s,
'ure except sunjnin preamble and resolution pre
sehed by Mr. Cooper, OF lie county OF Pu man, the same