Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-05-27
POLITICAL.

1-SPR.sH1aAL.
IRON the PennsyIvarso
When the present Bank of the United States was hut
Two years old its corruptons and NAL practices were
great-arsng from the iuflment of its PROMISES the
payment oil the facilities held out in advance for the pur.
pose OF procuring the charter the stock pacipaiops by
which sufficient vote obtained in Congress that
an was ordered which resulted in the
mendauon OF the issuing OF scre facas. That inv i-
CATION was demanded by the outraged Democracy OF In.
country and opposed by the friends Of the Bank TO the
extent which they then dared TO co. But they were
weak and after the investigation was ordered su6mieJ
quietly No set Of directors felt sufficiently powerful
at mat lime to defy the people and the government
Among The strenuous laborers against the Bank OF that
day, was Niles Register The editor of that print was
one oil TIE most prominent in deprecsting the establish
ment OF machine pregnant with the severest aflic.
lions, and afterwards assailed il engine able and
ready 10 "fnin every individual and institution that is op
posed 10 Il Us a legitimate sovereigu!'
Mr. Niles warmly alvoc the investigation of 1919
enaDie me teoPle 10 the length and BREADTH the
height aud depth OF the speculation by which monster
oil corruption was engeDdered and be enabled TO guess
why some are oppressed by the great iniqutyp' He
also desired the inspection another purDose SCI
when member Of Congress voted about The Bank how
much was the value OF his vole! Gve US the names"
was then The ofthe friends the people and Mr. Niles
was among The oudest in pouring FORTH HI
ayed against the people, and in his Register OF Saturday
NOUS me following language in relation this very point
owe US The names that we may the UaIue OF the
'oes OF those members who side with the Bank.
Inc demand Tor The private letters oil members of
congress goes lar beyond that he subpoena teeu
In relation to The books Both demands were of course
resisted LII was impossible they could be complied with.
and we cannot believe that either lany) of the COMMITTEES
expected that they would be. may he that the Bank
has such letters from members of Congres hui even
30, no hohonrable man, think, would have plead the
TACT against such a demand"
So says Mr. Miles in 1884 "Gve us the names y,
hnds no fdvor with him; he does now think that the
people should know whether certain members of Conges
are mol iegsalng their eva cause the value OF Iher
votes.
II may be as WELL to show the consistency Of This Bank
advocate to give the whole OF the article published in The
Register Isis on The very subject which aga,es the
public mind at present Ii is the quntes.ence of Jack.
uemOcfACy, In lie atpDi
:. ca. From rom Niles Weekly Register Oct, 1918
in the gallery OF the House of Representatives OF the
United States, several years ago, when that supreme
fraud, the nAzoo SPECULATION, was under discussion
Nlr John Randolph had moved tor list OF the names of
The claimants, under the belief hat some of hs feloso
members ,oere tegis!dtng on their His
ton was rejected, and the indignant orator. so far a. my
purpori:
LET no man speak 10 of the innocency OF these
camantsfhe honest man has to conceal his
name. by the just taken we have right TO be-
ieye that the claimant best known fair sample of
the association: mean Gideon Granger Gene
raj OF the United Sates-a man that would stretch bis c
ant arms from Lake Erie Bay of Mobile; and grasp
ing all between them. still sigh Tor further oil
speculation GiUe as the names. sill abandon all pre-
tensions 10 the nnocency OF claimants an act of ac
knowiedged PERJURY and oudeniable fraud"
wan TIE justice injustice OF Mr.. RS denuncatien
we have nothing to do--he case is alluded account
OF the principle which he commended for
BY the 23d section of the ac incorporating the
Of the Bank of the United States il is enacted that
shall at all times be lawful for committee either House
OF Congress, appointed for that purpose INSPECT THE
BOOKS AND EXAMINE INTO THE PROCEEDINGS or
THE coRPoRAVIoN, hereby created and 10 report whe
Their the provisions OF this charter have been violated
or not, &c Such an examination of The books in
cIudes ln itseD right 10 take copies Of any and
all Of them, or tie provision is a nudity. Now
If committee raised at the ensuing session Of Con.
gTessa committee OF honest men, resolved 10 perform
as capable OF doing their duty make lists OF the or
Tignal subscribers to the bank, an account of their
respective residence aud number OF shares taken
with such list of stockholders they Stood on the frs
day OF July last exhibiting also the manner in which or
by what means the several inslolmens on the stock aft r.
ed TO their names, paid for adding 10 the whole
list OF persons who had accommodations Of greater
amount Than 10000 doilsfs-he people would at once see
the length and BREADTH the egh aud depth the specu
laion and he enabled guess why
by this grand niquty. J But purpose VET more i'm,
porlsn would be accomplishedwe might then see when
member Of Congress voted about the Bank, much
was the VALUE Of his vote; and it might prevent some
from committing acts OF moral perjury.
The PGnic-making senator.-our readers have seen
the desperate efforts which have been made BY MIR CLAW
10 create and augment panic in the public mind for te
purpose Of bringing distress upon The comn,un all h
assassin like attacks he has made upon certain insGuons
in our city, 70, the purpose OF impaing their credit and
destroying the business Of e place. and they have seen
aud felt the lamenebc effects Of The which has
tended his efforts. Bad the consequences have been
still he is not satisfied but acusted as he Is by the same
hend5h feeling with which he uttered his famous ,Uar
pesence and famine" speech he is i persisiiDg H. hi,
delesIable efforts TO destroy and ruin US
In late speech delivered by him in the Senate we find
a milkinsn had by hsinfusiry obtained 1890. which
he deposited in The Bank Of Maryland On ie allure If
that Institution, he sold his certificate Of depogfe for z0o
and placed bis money ia The Maryland Savings insf,gon
which shortly alter islea and as the poor iailk man
Bumped ont Of che frying pan into the fire."
Here now Is 6ne cock aud. bull sort 10 alarm the tiu
and 10 deceive The stupid >Upposing his statement TO be
true what connection could IL have with the rsnova NJ
the deposieR None at all. But although il s irue IN
some Of its parts, Is slse To- others The person bo T.
supposed obe referred TO- had money in the faok Of MARY
land aOd lost IN consequence o Put he did not a. we are
Informed deposit the proceeds Of the sale Of his Certificate
the Maryland Savings Institution. But If he had ,vbs,
would 1t argue The deposiies had not only been rs
moved At the time The depotle sllegsd 10 have Rec,
made, but as MI Clay would have ID believed the Eff
iee's Of u bsd already reached such height satisfy
Maryland Savings IDsinion under The management
Of Mr. Gays political friends who join with hin, In a.
trbuDg the pressure 20 The Of The deposiies and
uihey we're Then convinced that the institutions must Ca
N consequence OF IT, would Il not have been very ipfops
IN them, net 10 say dishonest, receive the Mitn,an,
money upon feposite when they had idea that he ond
ever again zee Surely IL would. And vet such would
be lo eoneIason 70 be drawn irom Me- Csys statement
hal II been true. '
But what Wa The object Of Mr. cisy IN making the