Vandalia Whig and Illinois intelligencer. [volume] (Vandalia, Ill.) 1832-183?, 1833-10-09

- 'se, i
HOLE NUMBER * Ef =
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: 1872, were about $50 s,!Y9 .,,F ~ -ets
II ion Of these expedite b1G >
rendered, from winch "qs N I
lthey were incurred id +
some hundred thousan
Ipapers, reports, and s ha o.
ICongiess, reviews Of h De- L
Freviews of speecl Is agf tsT III,
&c. For another large por 90 .ach--
Eers whatever were rendered, me va
rious sums were paid on orders of the
lPresident Of the Bank, making reference
jo The ition of the nth March, 1881.
4 - sasce -taining these facts, and per-
ei'fre 1t expenditures &c "a similar
A.Aaatin 14iaa.stf1sAi,s sia.~.siss Coy.
ssameu. y rectors few weeksago, offer
.e.i o rssala ion to The board, calling for d
pee count of these expenditures,
shelving une objects to which they lad
been applied and the persons to whom the
money had been paid. This reasonable
proposition was voted down: -.
They also offered resolution rescind..
ing the resolutions of November, 1880;
and March, 1881. This also was reject
ed. 7
Not cortent with thus refusing to re-
fcall the obnoxious power, or even to re-
qure such an account of the expenditure
as would show whether the money Of the
bank had in fact been applied to the OBJ
jects contemplated by those resolutions,
as obnoxious as they were, the board re-
newed the power already conferred and
even enjoined renewed attention TO its
exercise, by adopting the following in lieu
|of the propositions submitted by the Go
vernment Directors, viz: .se.
"Resotped, That the board have conf,
dence in the wisdom and integrity of the
President, and in the propriety of the re,
solutions of 3Oth November; 1880, and
18th March, 1881, and entertain full
conviction of the necessity of renewed
attention to the object of those resolutions,
and that the President be authorized and
requested TO continue his exertions for
the promotion of said object" !!
Taken in connection with the nature OF
the expenditures heretofore made, as re-
Gently disclosed, which the board not only
tolerate but approve, this resolution puts.
the funds Of the back at the disposition OF
the President for the purpose of employ
ling the whole press of the country in the
service Of the bank, TO hire writers and
newspapers, and to pay out such sums as
| he phases, TO what persons and for what
services he pleascs, without the RESPONSE
ibiilty OF rendering any specific account!
i The bank is thus converted into a vast e.
Ilectioneerlng engine with means TO emf
jbroil the country in deadly feuds, and;
'Iunder cover of expenditures, in them
selves improper, extend its CORRUPTION
Through all the rarni(cations of society.
/ Some of the items for which accounts
!. have been rendered, shew the construc;
ton which has been given to the resolu.
tons and the way in which the power it
confers has been exerted. The money
has not been expended merely in the pub
llicaiion and distribution of speeches, re-
iports OF committees, or articles written
for the purpose of showing the constitu-
tionality or usefulness Of the Bank. But
publications have been prepared aud ex-
tensively circulated, containing the gross
est invectivcs against the officers of the
Government; and the money which be-
longs TO the stockholders and to the pub
lie has been freely applied in efforts to de-
grade, in public estimation, those who
were supposed to be instrumental in re-
sisting the wishes Of this grasping and
dangerous institution. As the President
Of the Bank has not been required TO set
tie his accounts, no one but himself yet
knows how much more than the sum all
ready mentioned, has been squandcred,
and for which credit may hereafter be
claimed in his account under this most
Extraordinary resolution. With these
facts before us, can we be surprised at
the torrent of abuse necessarily poured
out against all who arc supposed to stand
. in the way Of the cupidity or ambition Of
the bank Of the United States? Can we
be surprised at sudden and unexpected
changes of opinion in favor of an institu'
ton which has millions TO lavish, and a.
vows its determination not to spare its
means when they are necessary TO accom-.
plish its purposes? The refusal to rem
der an account of the manner in which
Ia part Of the money expended has been
applied, gives just cause for the suspicion
, that it has been used for purposes which
tits not deemed prudent to expose to the
'leyes Of an intelligent and virtuous pee