Richmond palladium. [volume] (Richmond, Wayne County, Ind.) 1831-1837, 1833-12-14

e0S sOe PboP1ety o. taxing ina
step. The near approach Of the DAY
on which the charter will expire, a
we'll - he conduct Of the Bank, APP
Peased 70 me to call for this measure
upon the high considerable, Of public
interest and public duty. The exten,
OF it misconduct, however, although
known to be great, was not at that
time fully developed By proof 1t was
not until late in the. month Of August
that ] received from the Govcrnmes IL
Directors an official report, establish
ing beyond question, that this great
and powerful institution had been ac-
lively engaged in attempting to inilu-
cnce the elections Of the pubic officers
by means Of its money; and that in vi
olatiOn OF the express provisions Of its
charter, it had, by formal resolution,
placed its funds at the disposition of ITS
President, to be employed in sustain
ing the political powers Of the Bank.
Acopy Of this resolution is contained
in the report Of the Governmeu It D.rec-
tors before referred to; and however
the object may b. disguised by eau.
tious language, no one can doubt taat
this money was, in truth, intended for
electioneering purposes, and the par
ticular uses t. which it is proved to
have been applied, abundantly show
that it vas SO understood. Not only
was the evidence complete as to the
past application OF the money and pow
er Of the i;ank to ciectioneering pur-
poses, but that the resolution of the
Board Of Directors authorized the
same cous Sc to be pursued in future.
1t being thus established ny unquestion-
able proof, tina, the Bank Of the United
States was converted INTO permanent
e,ectioneering engine, II appeared to me
ttiat the path duty which the Executive
Depa rtuIent of tine Government ought to
pursue, was not doubtful A by the
terms Of the Bank charter, no officer out
the Secretary Of the Treasury could re-
move the deposits, 1t seemed to me that
tins authority ought to he at once exerted
10 deprive that great Col poIation Ut the
support aud countenance oi the Govern
snent in such n use Of Its funds, and such
an exertiou OF ITS power. In TINS poi Il
Of the case :.Ie question: Is distinctly pre-
seated, whether the peop.c of the UNI ed
States are IL govern, through representa-
tiyes chosen ny tne,i unsia -sed suffrag"s,
or w.lctuer t.ie powei and money OF d
Treat corporation, are - ne secretly excr-
"a 10 influence their Jii nent. an con
troll their decisions. II mast now he de-
tern,ned whether the B,lsiA IS To have It's
..ln,..Ja.es !uT ali u.ilceI, IL tie count''
from tiie n,.ncs; to the lowest, or whether
candidates Oh both sides OF polite
.eiuestious shall oe drought forward .is
heretofore, and supported by the usual
means.
Al til, time the Efforts Of the Bank to
con;ro! pubic oplnipii, through the DIS
ire -Sss oi some, dud the leafs ot diners,
are equally apparent, and n possible morr
o,,,ec;ron,bie. By a curtaIilnent Ut lis
accom- .nodations mole rapid ,nan any e
,ncr .eucy requires, AID even white 1t re-
.ains specie ~ an almost unpi ecedented
amount IN itS vaults, II IS attempting 10
produce great embarrassment In one por
,ion vi me Community, while through
Dresses known to nave been sustained by
its none, it attempts by unfounded al
arms 20 create panic In all.
These arc the means by which 1t seems
to ex,ect that it Can force a restoration
of tn. deposits, and as d necessary conse-
a.Iencc, extort from Congress renewal
Off, charter. 1 am happy to know that,
1hro;Ign tine good sense OF our people, the
eff,r, to get up Il pon,c has hitherto fail
Ell and in Il, ii.rou n the Increased accom-
m dat, ,ns winch the State Banks have
been enabled t. afford, no pu'lc ls:ress
n "a i;,liJwed the cNertIonS OF the Bank,
and IT c.anot ne DOUBTED that the eNer-
else fits powe. anu tue expenditure OF
ia r,oney as well as its etioIts to spread
.,r.,,,n,, tess alarm. will he met and rebuk-
cd as they deserve.
In nv own sphere Of duty, should
feel m. self called on by the facts dis
closed. 10 order u scire t.cias against the
Rank. with view to put an end to the
chartered tights II Il Is 50 Palpaoiy violated,
were IT not that the charter Itself WI! ex
nae rs soon IS Il decision "Vuid probably
~, obtained iro.n the court VI last resort.
sc,lieJ the ;itteiIiIoh + Congres, to Tins
subject IN i:,y last annu,i message. and
,rf1rnei them thai sucn measures as
were " ithin the reach oi ,le SECRETARY OF
the Treasury, had been tahe" 10 enahie
i.,tu 70 Judge, ~ hether the Puolc deposits
N ,ae Bank of the United States were
,,r,,,nIu : ,fe Int that as ms single DOW