Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-01-28
Vwcrty-tIlird Coagrcss.--Is1 sess.
IN SENATE.-Iu Tuesday, Jan. Z.
THE REMOVAL OF THE DEPOSITES

THE REMOVAL OF THE DEPOSITEs.
The Senate resumed the consideration the resolutions
submitted by MIR. Clay, Oh the Goth uluno
MIR. Benton concluded
Mr. b. glanced at the objects which the Bank profess
ed to have in vew in ranging America like Fury
hair disheveed eyes wild, teeth clnched and screaming
al doors for the recovery of her dear lost epoes
These proiessed objects Jrsf damages for
contraci; secondly TO enable itself TO relieve connu-
nity thirdly TO have the benefit of keeping the frag.
ments OF reducing revenue for years longer. lie
amused himself NJ these The breach contract
particularly delighted him. 1t sounded like nupals; and
minated delinquent inideity the part of some cruel
swain lie saw no reason Tor the complaint against the
Federal Government but would undertake 10 oresta
the Bank in her right of action for breach promise be.
fore she done with the wooings OF all her pre.en,
suitors The relief OF the community by giving back the
deposes, he tire ated a haucnaton Far from, re
Ieving it would make things infinitely worse dian hev
were, by compelling The Slate Banks 10 call back
what they had just lent out The keeping OF the surps
moneys lor the brief period of years was nothing TO
an erprinS institution, which be winding ND instead
oil spreading Out lis concerns; aud besides he undertook
aver that the Bank spending money in this
pretended pursuit alter The lost deposes than she could
make out oil them, this day restored to her MIR. b.
went 10 make brief work, and light work. of all these os
tensble objects He dissccted them individuay and then
dismissed them in lump, unfit for the consideration OF
bearded men They did not belong 10 The Senate but 10
other forums, 10 an areopagus of boarding misses
choir OF mellow hearted damsels who were wearin1
out their beautiful eyes in weeping over the Sorrows OF
Merte or TO the stage, where the buskined hero OF The
hlsironc art could prepare himself at reheara and 10,
COMM, the Irish bunder of getting into the pathetic be-
lore he ready, and spelling the whole performance by
crying in the wrong place No! the breach Of cont act
the
Tor TWO oi years. cannot be the cause OF all these
tons Some other object must be in view; some high and
glitterng prize, more worthy of this gathering OF all the
clans; worthy Of this OF the gan-tIis pine of
Ossa upon PelioD, and Peon upon Oympus What is that
object Sir il is the RE.CHARTER Of The Bank Aud in
that RECHARTER, the PERPETUITY of the Bank
And in that PERPETUITy, the CONSOLIDATE ON Of
all POLITICAL, with all MONEY ED power, in the
hands of the BANK and its CONFEDE{tATES, This
is the object clearly revealed the vision as THINGS
yet unborn be- This is the ohec and here lies
the line OF march and the progressive steps OF advance TO
fIta aflatrt If al otsa
she will be able TO take the field for the next Pesi
dental election 2. II she is able take the field she
will he able TO distract the contest and carry her candi.
date into the House OF Representatives 3 II she is able
to get her candidate into the House Representatives
she will be able TO combine the re-eharter with the cleo
ton, and carry BOTH in spite Of the people, aud their
pledged members. This is the object the Bank has in
vew and this is her road to that object The whole dit.
ficulty lies in the hrst step Ce que lie pre,nier ,as
QId coute The rest will follow easily, and of course
81 successful in the FIRST struggle for the deposes and
for victory over JACKSON! Pledged members are
nothing, II The event ever TO depend upon them
The Bank OF England has just carried her re. charter
maugre three hundred pledged members TO the con,
traryl not Gfy could be found redeem their pledges
when me moneyed power applied for their votes! The
election OF her candidate in the House of Reprasen
tVes, and renewal Of her charter, may then be cons
deFed as the anticipated results, natural conseouen
ces oil victory the Bank ia The present struggle The
reign oil ihe Bank will then be established Ame
Tics! and such fegn To have an idea of H. 10 ma "a
eyes over the twenty years reign of the gsnk Of Enc
laud over the British empire. P1Tr, the Younger p1c
Minister, aad slave TO the Bank; hot th, . : ''.o
ney for himself from The corrupung source for ne was At
least above that; but his system was one of corru,o
and the bank did that business for him the two Of
Parliament also slaves TO The Bank; many peers no,vi H.
standing their patfimonal oaks and hos, OF borongb
members, not dsdaiung to accept It's bans, in return lar
tieir ystes and gambling in the stocks Of which Bank
heid The lever that Pot them up and down. The two
Houses Of Parliament, and the Prime Min ser, beinp
MUS ~ 'he bands OF the Bank, went TO DO every Thing
that The cupity aud evca the insoence Of the none we'd
power cOulu ask " 10 do. new charter was grsn'ed
heuen years before the eEsing one had expired The
notes Of the Bank, originally limited IN tJa ,i,,
denomination OF 1iOO sterling, and only got down fo GOO
In the OF one hundred years were sudeov ,e,
miued TO be issued for five, two and one pounds {old
and silver then Disappeared Che BdHk zed IL AMI
sold ~ Specie payments were suspended FIRST for eiob
days, then for month; afterwards for YEAR ssd so On
until twenty years elapsed The notes Of the Bank At lie
same time obtained FIRST forced incidental bv
peing received and paid out by The government ihee
forced direct circulation by being made lawl tender in
a'cnsrge o. all debts The profits Of the Bank rose 10
~ w. ~ per cent per The stock rose 10 two
nunueu snu my pounds Tor one hundred pounds paid in
new race ofmon'-tho offspring Of the paper system.