Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-04-11

Treasury, ordering and directing the Dspoes be made
otherwise than In the Bank Of the United States aud its
Branches was ID no way violation Of the Bank charter
but obviously the meaning Of that clause OF said char
ter which says that the Depoes shall be made in the
Bank OF the United States aud its Branches unless the
Secretary Of the Treasury SHALL at any time, otherwise
order and direct
49, Resoired. That when we look back upon the con.
duct Of the United States Bank in the years 1917 and
liz, AMI remember that the Bank with specie capital Of
hardly two millions. exceeded in its discounts in short
period, oriy-thrce millions OF dollars; every thing
then prosperous, and every department Of business
stimulated TO the utmost. But In shor, tn,e rapid
ell to purchase and collect exchange the South and
West: The local institutions were called upon pay
their balances anI all too. without removal OF the DE.
posites there pressure In business general
stagnsiion OF trade; large reduction in the price OF
pie articles; men seemingly in afucnce became bank
ruP; the cry OF pressure heard from ane TO Geor
ga; and the storm that then ragged with much vio
ienee along the Atlantic spread its devastaons tho
trans Allegheny region. The remembrance OF these
commercial world not TO removal of the Deposi,es, but
corrupt determination the part Of the Bank TO
tort rom the People renewal Of its charter.
-. Resofced. As the power to grant corporations
withheld from the power vested Congress- by the Con-
venon that trained tho Constitution in the OPT.
mon OF this Meeting, the Bank Of the United States is
clearly unconstitutional.
80 Resolred, That consider the present question
so'ey as contest between the People and the Bank
anu me great question Is now TO be settled, whether the
shall rule.
80 Resolred. That we view the question Of the resto-
ration oil the Depos,es and the echaer Of the Bank
the ssme and any act OF Congress- restoring the Depo-
sites. would in the opinion OF this meeting be concedng
to the Bank renewal Of its charter therefore, we cannot
and will not consent TO their restoration.
VI hesofred, That we repudiae the doctrine contain
ed in the Resolutions passed by the Virginia Legislature
on tue subject OF the DePosites except the Resolution
ueciarng The Bank charter UNCONSTITUTIONAL in direct
opposition to the principles Of Republican father. and
we believe, that those members who voted for said Reso-
utons acted in direct opposition to the wishes of the Peo
nave Justly forfeited of
furnished the ancient and hitherto unarnshed
oil our Old Dominion.
80. Resolved, That Andrew Jackson is still entitled to
ana mas The confidence OF this meeting, and wish him
much success In his present struggle with the United
80 Resoired, That the Hon. VIM. c. Rives, our late
Senator in Congress- is entitled warnest thanks,
Tor his manly and patriotic defence of the Administration
Ia Its effort to rescue the People, the Liberties and the Con-
sution from the corrupng effects Of great aris-
tocrscy.
40 RESOLVED, That the Hon. Samuel Med. Moore.
our Representative in Congress, be instructed as far
as this meeting have right him. vote ag ahst
the restoration Of the deposes and the s-chater Of the
Bank Of the United States.
ell ResoiUed That copy Of these resolutions be fur
nished the Hon. VIM. C. Rves, and the Hon. Samuel
Med Moore and that the Editors OF the wythe Argus
lie wisburg AlIeghanan, Fincastle Patriot, Lexington
Union, Lynchbnrg Vrginian, Charlottesville Advocate,
Richmond Wing and Enquirer Globe at Washington,
requested to publish them in their respective papers.
Major John ID. Howe then offered the following Pre-
anble aud RESOLUTIONS, substitute TO the for going:
and Its vicinity assembled together for the purpose Of TAX
ing into consideration the OF the Public Depostes
by the President OF the United States, deem OF the ut
most Importance, that the power to control the public
venue should be made TO abide practice where il has
been vested by the Constitution, in the immediate Repre-
sentaves of the People, and OF the States in Congress
assembled; and all experience Of the practical opera,on,
OF government has proved that arbitrary assumptions of
power oy them' or any officer of them, IL silently acqu-
esced in, become precedens for further and still
urpaton-Therefore,
81 Resoived, That the recent act OF the President of
the nited States exercising control the public de-
postes, by causing them 10 be withheld and withdrawn,
on his own responsibility, from the Bank of the United
States, in which they had been ordered be placed by
the act Of Congress charteng said Bank is i'm the ude
OF this meeting adaneerous and alarming ass,mo
on oil power by that officer, which cannot be seng
ly conden
ready to sustain the President in all such powers as the
Constitution has conded TO him, they, nevertheless can
not but regard with apprehension and dsrust the disposition
TO extend his official authority beyond its just and proper
nits which he has clearly manifested in his recent
interference with the Treasury Department the Fede
raj Government, in the exercise OF sound discretion
which Congress had conhded the head OF that depart
ment alone.
"3. Resored That in substantially adjoining for our
own the foregoing Resolutions OF the General
virginia. we thereby intend TO approve of the conduct Of
that body and to dsspprove OF the of our m
Representative, John McCauley.
~. Resoiued, the opinion OF this meeting That the
Public Deposi,es ought to be restoredor at least to be
made in future in the United States Bank.
90 RESOLVED, That copy Of the foregoing Preamble
and Resolutions be sent to the Richmond Enquirer Wing
and Vrgnian. aud copy be transmitted to our Represen.
ta'ive in Congress, Samuel Med. Moore"
long and animated debate then ensued in which the
substitute was sustained by NJ sjor Howe, the mover,
William I. Campbell, Esq, VIM P. Floyd, Geo. R. c.
Floyd Esqs (sons Of Gov FoydD and opposed by Daniel
II. Hoge, Esq, the mover OF the original resolutions.
The question being then taken the adoption OF the
'absitute decided in the negative, by majority of
six seven to The Bankmen then LETT the meet
ng aud the question being taken ON the Resolutions Of
ered by Mr. Hoge, they adopted unanimously; be-
tween ninety and an hundred persons voting for them.
JOHN G. CECIL, Chairman.
JOHN RAINEs, Secretary.