Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-01-18
n.iori,y, and we could not obtain its


Our Inconsistencies however, were not without effect
They led to determination on the part oil the majority
to give some sanction their course, 10y adopting new
rules aud abohshng those hong in existence. set
Of bylaws prepared in accordance with the actual
practice. They were submitted TO the Board in the
month Of April last When they under consdera-
ton we requested that the standing committees might
be appointed from the Board in rotaon-tbis was re-
ectej, and the President was authorized himself to Sc
ect the two OF most importance, that the offices anu
that on exchange. We then requested that the pow
ers OF the committee on exchange might not DC eS
tended TO tho business OF discounts This too was re-
jecied DESTROYS that il these powers were thus 10 be ex-
ercsed by committee selected by the PRESIDENT me
other directors might at least be regularly informed OF It's
proceedings then requested that they should lay be-
lore the Board at every stated meeting statement OF
their proceeding which should be read before the dis
OF the day settled This too, was rejected
All these being REUSED requested that, among the
business of day, the Board CHIT have submitted aud
read to it, report Of the final proce edngs OF the
nce since the previous stated meeting. This
rejected. In word the system, OF late years acted up
was formally sanctioned by majority OF the Board
practice
The surrender Of the funds of the Bank its President
TO be used by him without limitation OF time amount,
was viewed by Mr. b. clear iniraction OF the charter
Had such extraordinary been granted for the most
audabe purpose, sill would have been breach OF the
charter aud therefore ustitable but IL evident that
this great surrender OF funds made for unjusifabe
purpose. aud thus greatly aggravated the offence Of vo-
ating the charter II was evidently for
and political objects The application Of part OF the
under the resolutions has been discovered by the Govern
ment Directors; aud he (AIr b. wished TO carry
communicated TO Congress- and rely upon evidence in pre-
terence TO argument. He read as follows:
lin pursuance is presumed Of these resolutions, the
item oil stationary and printing was increased during the
first half Of the year 1881, the enormous sum Of
S29979 49, exceeding that Of the previous year 900.
and,excesdDg the semi annual expenditure Of 1929, by
upwards OF $26 900. The expense account itself as
made up in the Book which submitted to u.s. contain.
ed very little information relative TO the OF this
expenditure, and obliged, in order 10 obtain
them, to resort TO an inspection oil the vouchers Among
other OF 81 sol, stated be paid
and the orders themselves the only vouchers the
expenditure which found fIe-some of the ORDERS
TO the amount Of about 81 $780, stated that the expendi
ture was for distributing General Smiths and Mr. Nc
Duties reports and Mr. Gsatins pamphlet; but the res,
stated generally that il made
the Ilth Of March, 1881.
"here were also bills and receipts for ex.
pendtures to individuals, among them Of Gales s. Sea-
ton. 300 for distributing Mr.. Gallatins pamphet-of
William Fry for Garden and Thompson 81 ,675 is for FIVE
thousand copies OF General Smiths Mr. McDuIis 3
reports, &e-o Jesper Harding $40 for 1900 extra
papers-of the American Sentinel 1924 "a for printing
folding. packing and postages of 5000 exras-of William
Fry $3.50 27 for upwards Of 900 copies of the Nation
al Gazette, and supplements, containing addresses
members of the State Legislatures, review of Mr. Ben.
toms speech, abstract Of Mr. Gsaiins article from the
project OF treasury bank-o James Wilson $I4I7 as
for 600 copies of the reports Of Mr. McDue and Mr.
Smith, ami for $500 copies of the address members
the State Legislatures ageeably TO order, and letters from
John Sergeant, Esq-and Of Cary s. Lea So $50 for TO-
600 copies of alan banking, and 1000 copies Pro-
fessor fuckers article.
During the second half year Of 1881 the item of sta
tonery and printing was $ls,224 81, of which 5000
were paid on orders OF the President and
TO be under the resolution of llh of March, 1881 and
other sums were paid 10 individuals in the previous &C.
counts, for printing and distributing documents.
During the first half year of 1882 the item of sta.
tonery and printing l34 dollars I cents of which
also dollars stated have paid on orders of the
President, under the resolution of lIth of March, 1881
There are also various individual payments of which
notice leg dollars 30 Hunt, Tardir s. Co. for
1000 copies Of review of Mr. Benton's sreech; 200
dollars for 1000 copies Of the Saturday Courier
i IL s. of hla,
concerning the Bank" 900 copies of the minority
report relative TO the Brink and 800 dollars Matthew
book"
During the last half year of 1882 the item of station
ay and printing rose TO 5I3 dollars ~ cents of which
$3.50 dollars stated have been paid orders of the
President under the resolution of 18th March, 1881
Among the specified charges observe s2l dollars 7s
1871 dollars cents 10 e. 0Lnsiead for 1000 copies Of
Mr. Ewng's speech, bank documents, and review, and
the veto; I06 dollars IL VIM Fry for So 600
copies OF Mr. Webser's speech, Mr.. Adams's and MIR.
MDuhes reports, and the majority and minority reports;
295 dollars for 1900 extras of the "Proecor contain
ing bank documents; 2,5S3 dollars so Mr. Riddle
Tor printing and distributing reports Mr. Websers speech
Sc; lSo dollars - cents to Mr. Finnal, for printing
Mr. Adamss reports 1912 dollars rs cents to Mr. Clarke
for printing Mr. Webs!ers speech, and articles the We
to- and 2422 SIS 10 MIR. Hale, for SO 500 copies of Mr.
Websters speech There is also charge of ,04O paid
on orders OF the President, stating that is expenses
in measures for protecting the Bank against the
Western Branches
During the first half year of 1888 the item of station
cry and printing 1893 dollars 50 cents of which 900
dollars stated TO have been orders of President
under the resolution Of the ll,h March, 1881 There is
also charge OF Mcssrs Gales Seson Of 500 dollars for
printing the report of the Exchange Committee"
Mr. b. resumed: The bare reading of this statement
shows that the funds of the Bank under the direction of
the President OF the Bank have used and largely
used, in supplying the public with eecone ering matter
tie would make no coneents upon that evidence. III
needed none Ii was in which the truth, i'm the
modest, unpreendng form Of evidence, would do its b
sness upon the understanding, without the aid of argu
nent or Illustration He would call the attention of the
Senate TO the FACT that there material portion of the
accounted for and knowledge of which the Government
Directors in vain endeavored obtain Ii seemed 10 be
secret service fund.- such the Ministers of Crown
ed Heads had al their disposal in the European Mo.
narchies and which TO be used for purposes which
would not bear the light portion of the money 50
used by the President OF the Bank the fifth part
oil it, for the United States owned the fifth of the
slock-belonged TO the people OF the United States Ii
would then result in this: that while the Houses OF
Congress could not by law spend a dollar of the
peoples money. without specifying the object, aud
counting Tor the expenditure the people might
nave their money taken out OF the Bank of the United
States by the President OF the institution and applied 10
objects unknown and unkBowable 10 the people I'M
known and nDknowable in fact, 10 the guardians their
interests, whom they had stationed in the Bank TO watch
their moneys for them. With respect 10 these upac-
tveiy but by putting together few dates and facts
about which there was dispute presumpiye case OF
Interference with the newspaper press will be made out
which possibly not be true, but which, according
10 the rules OF human evidence Tor truth until
was shown by those in whose power il is 10 show the
truth, That there mistake in IT, The s
date that he should refer in this presumpve case was
that IF fhas nI,,tf,. Lib Il, N