Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-08-22

perpeiualy what have been, and stll
expected submissiveiy TO bear
L. the value OF property to be reguiaed-sre our
private fortunes 10 be raised depressedse the public
revenues 10 be cut oH-as suits the notions OF n,onied
couclave when II chooses to dabbe in politics.
late in stocks? Every freeman would answer-No. Yet
what has been the power aud policy OF this Bankl In
june 1918, il raised s discounts 20 the community 20
Sal 600 000in December following had reduced them
60 Sc 600 600 In 1896 in the same manner we end It's
discounts in June 30 QUO .oo0--n December reduced
TO $4,000 900 In December 1880. its discounts
$4,000 ooo;-in May 1882, they were increased to 20,
600 ,OOO in the following December they reduced
TO 81 0O0.000 August 1898. they increased to
6i,000 0aO-an in December 1888, they reduced
10 81 600 O0O luJ,nuay 1881, had II 60000o OF its
bank in circua ion sustained by IL 900 900 SPECIE
in January 1882 ithad increased its circulation % 00e,
600, while its specie reduced TO 500 900. What
have been the consequences of so wsnion course? Re-
peated periods OF ialdcious prosperity, and OF unore
difficulty and suffering among the people, who have been
made the victims oil this cupid without pity
No matter TO what motives this conduct is ascribed
whether to srrng judgmen. to selfish speculation or to
Poh"ca inrgue-i - such as no power, paramount or
subordinate, exercise, without siroy
ing every thing we ought TO hold dear. But when We
examine the times aud crcMnstances we bud its
actions directed with view operate on the political
affairs OF the country aud 10 AFFECT the elections oil the
representatives OF the people.
Bad this il, it does exceed the fhle wild,
which, while was throwing ont lis money from eud
OF the nation TO Tie other secretly made
TO postpone the OF the national debt, though il
had at the very me suth len, public money for the pur
pose in its vauls
under the forms OF business, TO its
e politics. IL enough operate Indirectly on the
Press,
fountain oil Information, was TO be secretly pensioned and
the money OF the Government we'll indiv I'm.
known to themselves was to be freely expended
Bank and its political allies The extent which this has
been carried. AMI all the OF money have thus
been lavished yet unknown; they yelled m,
rously by The Bank HON The public eye; they
IL afraid ashamed to disclose But may We not Judge
from What we do know May TORN some esnmate
from what has been already developed, in the exauina-
tons OF Gongress aud its confessions, Look them
The publishers OF the NV York Enquirer, $50 600
The publisher OF the PhadeiPhia Inquirer, 32 900
The publisher OF the United States Telegraph 900
The publishers OF The National Intlelligencer, 81, 600
To these he added the distributed TO printers
in all parts OF the United States Tor publishing
which are said to be Tor The defence Of the Bank bu
which IN many instances, eec ioneerng articles or
pamphlets This sum is admitted by the directors 10
amount 10 $oSO0O and makes am p.id sub.
sdize the press, OF nearly S250000!i How small pro-
portion may he OF the whole thus lille galy
time perhaps Will show how VIGOROUSLY Gent is the
security given for larger part of it, is already KNOWN hui
The very Tact is one that must alarm every vtuous
citizen.
Turn from these acts TO the Management Of the Bank
ITSELF Does the history OF any institution any country
present evidences OF misconduct grng, violations
OF the spirit, nay, letter OF charter, more anton aud
voienr The functions oil directors transferred secret
committees; loans made contrary the rules
rity the most worthless the expenditure Of money in
trusted to an officer without amounts no vouch
es required from him tor tue disbursements makes
the correspondence seldom never submitted TO the
board in word all the managers OF such essential duties
Tor which the managers OF such corporation chosen
virtually nulIhed Do the officers appointed by the Pre-
siden ana Senate oppose these illegal refuse
conceal them from the peope' They denounced and
misrepresened though their statements csnnot De refued
IN nsnltesoes issued from the Bank Does Secretary
OF the Treasury exercise the powers given by law 10
remove the public revenue from The custody such agents.
He is attacked ia language the most scurrous ofcinv
promulgated by the Bank Does the President OF the
United States express its opinions the legality
preiy OF such acts! He is assmiIaed TO the wre,ched
criminals who counterfeit the notes of the Bauk DO
immediate delegates Of the American people, who have
incorporated it, placed their money its vaults and own
seven millions oil its cspita-does the House OF Repre-
sentaves ITSELF appoint committee as the charter au-
thorse TO inspect It's books and its proceedings:
They are treated with absolute contempt; all investga-
uon Is dened and with charges openly made, wlch,
untrue, be Tented once, shrinks wih the con-
seriousness oil guf behind the shield OF legal suberfuge.
Fellow cizens' why sit that these disclosures reus.
ed? Why is told the Bank should not be called
on TO eliminate ilsel' Innocence offers such plea
1t courts the hght-it challenges the most searching
scrutiny oil The accuser. What! is il this-ha
an agent OF the American people, ntrusted with their pub
lie monies, say That he will give account OF his
stewardship, because-he be compelled crimnae
himself! Dark must be the catalogue OF offences, where
II Is necessary TO resort TO preext such as this.
Are not these facts thus briefly your notice
striking evidences OF the importance OF the political
test in which engaged! 1t is this institution ih,s
abused thus corrupt, thus determined wanony
else its power, thus dsregaring its charter, and
setting al defiance the people, the constituted authorities
neyed monopoly, the abuses OF which called
upon to crush, submit ourselves Tor the
novated arrogance and power.
That should So is its own design and that of the
desperate political leaders, who, linked with
holy alliance, ii as il them, promote the ine
rested and selfish views Of another, utterly disregard
ing the real welfare Of the nation To this end all ogi
nal principles, al previous views all athies aud
all former preferences have been sacrificed; and
floor OF Congress- and from end OF The country the
other, feeling brings together those who uphold
the Bank OF the United States those hitherto owned
and despised by The people, who yet vanly hope by
its aid, TO taste The cup of What spectacle
presented All consistency conemptuously discarded;
dunion Is allowed quietly TO sleep in the OF
federalism; the praises OF the bank canted by lips
that decidlmed against in tones OF bitterness hsre
the Force Bill has become in the eyes OF those lately
denouncers harmless manifesto; aud Nuhcation whose
terors were not long depicted in hues OF blood, has
dwndled TO an magnificent phantom. faction. motley
and deceitu usups the privileges Of legislative power
political harlequin tucked OIL in hundred colours
patches Yields his gilded rURcheOn the American
people were submissive to his sWny. Hut already has the
heariless exhibition lasted long; already has the
fallen OIL and disclosed the distorted features was meant
TO conceal already the expected sounds OF applause
converted into the murmus OF disspprobaton dgosl
Who look back with patience on the edngs OF
the Opposition party in Congress- during session that
has closedl no fail trace ia il an alliance with
the Bank OF the United States having its sole objects
the preparation OF that institution and the
very Of political influence tor its allies? Acting on these
principles, have we not OF debate and par-
wariare-I cannot say Observation-Disclosures unkno " n
to history and trust never to be repeaedi Ian.
gusge, before Unhesfd in our national halls has been
freely uttered under the sanction Of legislative privilege
The President of the United States man whose gray
hairs might have protected him from INSULT whose long
life devoted TO his country might have saved him
waDon abuse; whose very position, known
those who abused him, took from him the opportunity TO
reply; this venerable has been nsulied in debate has
been The object Of public ceusurc without ie permission
10 defend himself, aud has been denied the small gl OF
MA npI - lie arN liz,