Delaware State journal, advertiser and star. [volume] (Wilmington, Del.) 1832-1833, 1833-08-02

Bank itself, complaining OF him as
weak and vacillating man, who goes on
y half way with them, and whom they
secretly denounce while they fawa upon
lin. But there is no hope for it now
That question is settled. It is settled
~ that prudent counsellor, .fear---simple
fear. The Executive Off
:ers, goaded as they have been by this
gang, do not dare to do it. They. are a
raid to hazard it; they know perfectly
veil that the measure would be protii-
gate in itself; aad they dare not venture
20 meet the consequences.
The means Of confirmation within
reach of the writer, enables him to state
the situation Of the Treasury with the
Bank OF the United States, to be as fol-
lows, to wit;
The Bank has within short time past
been obliged to advance large sum OF
to sustain the Navy in the Medi.
terrancan, where the Government had}
not provided the necessary funds. The
Bank has been obliged to advance other
large sums Of money for the payment OF
the pensioners in New York, Pennsylva.
MIA, and Kentucky, where no provision
was made to give these old Soldiers their
annuitles. The Treasury itself is under
protest for nearly million Of dollars adj
vanced on its Bills, and the Bank has
been obliged, after paying for these Bills
in the United States, to advance nearly
another million, to protect the credit OF
the Government in France. Finally the
Bank is under actual advances, on &C
count of the Government, TO greater a.
mount than the Treasury has at this mo-
ment in the Bank.
To talk about the insecurity Of the
public funds in the Bank under such
circumstances, when the Bank has actu-
ally in its vaults between nine and ten
millions of Gold and Silver. is rather too
Ipreposterons. 1t would be much more
natural for the Bank TO be anxious about
the safety of it's own advances for the
Treasury. These officers also know
perfectly well, that within twenty-four
hours after they resortto that expedlent
they throw the revenue and the currency
into confusion.
They also know another thing, and a very
serious thing
By the Act of Congress chartering the
Bank, it is declared, that the public depos-
ties shall be made in the Bank, "unless the
Secretary of the Treasury shall at any time,
otherwise order and direct-in which case the
Secretary of the Treasury shall i'm edately
lay before Congress if in Session, and if not,
Immediately after the commencement of the
Session, the reasons for such order or direc-
ton" 1t must be borne in mind therefore,
that this is not the affair of the President, but
of the Secretary of the Treasury, who is the
Officer, not of the President. but of the Con-
lgress. The President has no more to do
with it, than any other individual in the conn-
TRY. The Secretary must do 1.-THE must do
it on his own responsibility, and he must JUS
fifty ito Congress. In that justification, the
authority, or the influence, or the order of the
President will avail him nothing He must
prove its necessity, and he is answerable for
the consequences.-Ifh he cannot shew clear
necessity, a manifest cxpediency-fit shall
appear that he has been stimulated to it te
cover the retreat of gambling or Specializing
favorites, or to crafty private nfAlignity, oil
Ito promote party purposes. let him took to it.
i The power of instant impeachment is will
the House. That House by vote of more thar
Itwo.thrds declared in March, "that the Gov.
eminent deposites may, in the opinion of the
House, be safely continued in the Bank o
the United States. The only change since
then, is, that the Bank has been obliged tt
advance its own money to protect the public
service, and to sustain the credit Of thu
:, Treasury.
;. With what face then, can anySecretarydar
Ito oppose the declared wishes of Congress
N u is that all. That particular porvisiOn wa
inserted in the charter, by one of the mos
. Icminent Statesmen of the land, now holdin,
high and distinguished station in the Senat
of the United States, with the view to proven
: the abuse of this very power over the publ
deposits of the Secretary. That Gentleman
is now at his post. Will any man who know
v him, suppose that he will permit this viola
q ton of the provision which himself caused t
be made part of the law of the land. Let til
Secretary who does this, make up his min,
beforehand, to retire to private life, or neve
> asnii beyond some place in the Post Office
: for, as he lives, he will never be any thin!
y which the Senate can prevent We ventur
Il to say, and we say it with all fitting respect
v but with a very clear conv iction, that if tn
e present Secretary removes the deposits fror
|, the Bank, he will never be Secretary of State
and he may outlive in vain all the Judges {
: the Supreme Court. If his successor (whos
! appointment has just reached us) ventures @
it we predict with equal confidence, that h
5 will resume his Blackstone in January. TIL
G deposits, therefore, will not be removed, an
o the only hope of the gamblers during tn
e summeris that they can excite the next Coz
!. gress to a fresh attack OH the Bank, which
. in contemplation, and for which great efFor
: will be made in the autumn.
These are a few plain truths about the pull
. lie deposits. 1t is believed they arc new
J. most people; new probably to these Office
d themselves who are not aware Of the tot
y spread around them by the wreckless ind
y viduals whom they ought to spurn from then
r 1t is hoped they will be calmly considers
, and candidly weighed by all parties-the
, bearing upon the welfare of individuals ar
= the public once ascertained, the result cam
IL ilOpcr hs n rnhtf,,I Gnrh 30 tha