The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1834-12-31


nude the organ is part Of the system of the Bank
pervadinc our Congressional history even. It was
his intention at some proper time to have a COM
mtce to report upon those publications, called Reg
listers Of Debates so far they have been published
since the Bank of the United States has undertaken
to WELD the press ihe one when lie now had III
his eve was that of Messrs Gales and Seaton.
I Mr. b. said that ifhe had had "A line from the
committee (and he was within their reach all the
summer0 he could have turned them to the inquiry
which would have brought out the truth, with
spect TO the establishment of the ST. Louis branch,
and saved them from the imposition which the bank
directory had pracced upon them. As it was, he
still wanted their he Up III acase which was now theirs
as wcll as his it was to aid him in exposing the
unworthy the scuvy,-and the base trick of the
bank. lie should submit resolution, requiring
the committee to obtain from the President Of the
Bank n COPY Of Gen. CadawaIladcr's report IA copy
of the answer to the merchants ard ii copy of the
second letter, announcing the change of dctcrmln-
alton and theimmcdatc establishment ofthe branch
Until those copies came in, he should say more
on that point, but must be content to see his name
figure in the myriad of copies of the report (he more
the bettcr) which would be printed and which would
rive the village orators of the Bank opportunity
Of astonishing the natives who come III from the
heads ofthe creeks and the gorgcs ofthc mountains
, with showing them what Inconsistent and uprin-
) cplcd fellow, this Mr.. Benton Is and to admire the
delicacy ofthc Bank which never publishes "A pri-
vatc letter, nor exposes the names ofpubllc men;
r Mr.. B. said there another thing which must
be noticed now, because the proofto confound it was
written in our own journals. He alluded to the
"kOStHy" Of the President The L. States to the
Bank, which made 80 large figure in that Report.
, The "radictircHcSS" Of the President, vas often
, pressed into the service of that report, which he
must be permitted to qualify an elaborate defence
of the Bank. Whether used originally, or by quo
/ tation it was the same thing-Thc quotation from
Mr. Duane was made to help out the argument
| of the Committce--to sustain their position-and
thereby became their own.
/ The "riRdicticcacss' of the President towards
the Bank is brought forward with imposing gravity
by the Committee and no one is at loss to under
stand what is meant! The charge has been made
too often not to suggest the whole story as often
> il is hincd. The President became hostile to the
President Of the Bank because he could not manage
him, and make him the institution for political
purposes and hence his revenge, his vndctivcncss
his hatred of Mr. Biddlc and his change Of scnti-
r mcnt towards the institution. This is the charge
which has run through tic Bank presses for three
years, and is alleged to take date from 1929, whcr
an application was made to change the president o
the Portsmouth Branch. But how stands the trutl
recorded upon our own journals 1t stands thus
that for three consecutive years after the harborinl
q of this deadly malice against Mr.. Biddle for moi
managing the institution TO suit the President :,
political wishes-for three years. one after another
+ with this "UiRdctiCc" hate in his bosom, and this
diabocal determination to ruin the institution, he
: nominacs this same MIR. Bddlc to the Senate. a,
- one of the Government directors Mr. Bidde, and
s some Of his friends with him came in, upon every
nomination for three successive years, aitervcngcnc
n had been sworn against hm For three years af
8 forwards he is not only named a director, but indi
: Gated for the Presidency of the Bank by being pu
. at the head of those who came recommended by tht
nomination of the President, and the sanction of h
d Senate Thus was he nominated for the year lS3t
Il 1881, and 1882; and IT was only after the report o
g Mr.. Caytons committee OF 1892 that the Prcsidcn
# ceased to nominate MIR Biddc for Government Dir
ector! Such was the frank, conGding, and friend
Il " conduct ofthc Presidents while Mr.. Biddc, con
q scious that he did not deserve nomination at hi
. hands, had himself also elected during each of thes
h years. at the head of the stockholders ticket II
y new what he mCditatinG and Matching, agains
n the President though the President did not Wha
\ then becomes of the charge family shawdowcd fort
Y by the committee, and publicly and directly mad
# by the Bank and its friends False False as hell
n and no Senator can say it without finding the proc
rs of the ialschood recorded in our own journal
N Mr.. Il. was not now going into a general answc
ir the report, hut he must do justice to an abscr
l. gentlemon-onc ofthe purest men upon earth bot
is IN public and private life and who, after the
IN he had been treated III this Chamber, ought To h
al secure, IN his rctirement from Senatorial attack an
Sc injustice. The committee have Joined conspicl
70 Gus issue with Mr.. fancy; and they have carried
ry glorious bank victory over him, 10y turning off III
ng trial upon false point Mr.. Taney arragncd the |,
he galy of the conduct of the Exchange Committee
st which, overlapping the business ofsuch committe
re which is TO buy and sell real bills of crchdRgc h,
~ become invested with the power of the whole boar,
Ii. transactng that business which, by the chnrc
he could only be done by thcboard of directors and
od board Of not less than seven, and which they cou
gh not delegate. Vet this committee, of three, 81
nc ccted by the President himself, was shown by Il
IL report of the government directors to transact II
lb- most important business such as making immen
he loanS upon long credits, aud upon questionable :
he cury; sometimes covering its operations under Il
M simulated garb, and iasifcd pretcx of Juy;ng
nto Of exchange; sometimes using no disguise at a