The Northern star, and farmers' and mechanics' advocate. [volume] (Warren, R.I.) 1830-1834, 1833-12-14

almost unprecedented smouns u n vaults, it b a.
tempting to produce great embarrassment in ON,
portion Of the community, while through prssss
known " have been sustained by iu money, il at
tempts by unfoundsd alarms 10 create panic in all
These are the means by which il seems to ex
pect that can force restoration Of the deposites
and a. necessary consequence, extort from Con
gress renewal Of its charter. am happy 4
know that, through the good sense of or people
the effort TO get up panic has hitherto failed, an,
that, through the increased accommodation which
the State banks have been enabled to afford, M
public distress has followed the exertions Of III.
Bank, and it cannot be doubted that the exercise
its power and the expenditure Of its money, as well
as its efforts to spresd groundless alarm, will b,
met and rebuked as they deserve.
/ In my own sphere Of duty, ! should feel
myself called on by the facts disclosed, to
order a scirs 5acias against the Bank, with
a view to put IN end to the chartered
rights it has 30 palpably violated, were il
not that the charter itself will expire a
soon az decision would probably be OBJ
tanned from the court oflast resort.
j called the attention Of Congress- to
this subject in my last annual message,
and informed them that such measures al
we're within the reach Of the Secretary ol
the Treasury had been taken to enable
him to Judge, whether the public deposites
id the Bank Of the United States wert
certainly safe, but that US his single pow
ers might be inadequate to the object,
recommend tho subject to Congress a
worthy OF their serious investigation, de-
claring it as my opinion, that an inquiry
into tho transactions OF that institution,
embracing the branches as we'll as the
principal Bank, was called for by the cre-
dit which was given throughout the coun-
try TO many serious charges impsaching
their character, and which, il true, might
justly excite the apprehension that they
were no longer .aie depository for the
public money. The extent to which the
examination thus recommended, was gone
into, is spread upon your journals, aud is
too well known to require to be stated
Such ~ was made resulted 10 a report
from majority OF the committee of ways
and means, touching certain specified
points only, concluding with resolution,
that the Government deposites might safe
ly be continued in the Bank OF the Uni
ted States. This resolution was adopted
at the close of the session by the vote ol
a majority Of the House Of Representa-
Hives.
Although / may not always be Able tc
concur in the views Of the public interes
ofthe duties Of its agents which may b
taken by the other departments Of the Go
vernment or either Of their branches,
am, notwithstanding wholly incapable o
receiving otherwise than with the mos
sincere respect, all opinions or suggestions
proceeding from such source, and in re.
spcct 70 none am moro inclined to do &c
than to the House of Representatives. -
But it will be seen from the brief views
at this timo taken ofthe subject by myself,
"a we'll as the more ample ones presented
by the Secretary ofthe Treasury, that the
change in the deposites which has been
ordered, has been deemed to be called for
by considerations which are not affected
by the proceedings referred to, and which
il correctly viewed by that Department
rendered its act matter ofimperious duty.
Coming as you do for the most part,
Immediately from the people and the
States, by election, & possessing the full
est opportunity to know their sentiments,
the present Congress will be sincerely So
licitous to carry into full and fair effects
the will of their constituents IN regard 10
this institution. 1t will be for those in
whose behalf we all act, to decide wheth-
er the Executive Department. of the CO.
vernment ia the steps which it has taken
on this subject, has been found in the limo
Of its duty.
The accompanying report Of the Sec
tetary of War, with the documents an
nexsd to It, exhibit the operations Of the
War Department for the past year, and
the condition oi tho various subjects en-
trusted to Its administration.
1t will be seen from them that the Ar
my inaintaihs the character il has hereto
fore acquired fot efficiency and military
knowledge. Nothing has occurred since
your last session to require its services
beyond the ordinary routine Of duties,
which upon the sesbord and on land from
tier devolve upon II in time of pence
The system 80 wisely adopted and 90 Ions
pursued, Of constructing fortif .cs,;ons II
exposed points, and of prepa, ,pu and col.
lecting the supplies neccsr ,arv for Ma mil:
itary defence ofthe country. and thu,
Providenily furnish..ng in peace me means
ofthe defence in war, has been continued
with tho usual results. recommend TO
your cons Iteration the various subjects
suggested in the report ofths Secretary Of
war. Their adoption would promote the
public service and meliorats the condition
ofthe Army.
Our relations with the various India n
Tribes have been undisturbed since the
Termination oc tho Az .,,lt;.. .---...:. /.