Vandalia Whig and Illinois intelligencer. [volume] (Vandalia, Ill.) 1832-183?, 1834-04-24
From the Jacksonville Patriot,
PUBLIC MEETING

4. oCG' ~ "po oPou Ills IDOtiOI w u
liam Orear, Esq. was called to preside.
and upon motion, Messrs Charles Beegs
and Elijah Adams we're appointed Vice
presidents; Messrs o. P. Cobb and E..
w. Miner were elected secretaries.
). Lamborn, Esq. briefly stated the
OBJECT OF the meeting, and moved that "A
committee be appointed to prepare res
oiut'ons expressive of the sense of the
meeting. Whereupon, the president
appointed the following gentlemen, viz:
Samuel M. Prosser, James Deatoa, AL
exander Wells. Alexander Bcall, Allen
y. Lindsay, James Morrison, John Sap.
plngton, William K. Layton, James
Green and Josiah Lamborn. The com
mlttee, after retiring for short time,
reported the following resolutions.
Resolved, That we view the copsti.
tutlonality of a national bank, as clear-
ly settled by the sanction of the frame RS
of the constitution, by the appreciation
OF different presidents of the United
States, by the repeated decisions of con-
grcss. by the adjudication ofthe supreme
court, and by the almost universal con-
sent of the people for forty years.
Resolved, That while the uniform
experience of all the officers engaged
in collecting and discussing the revenue
proves national hank to be an indispen
sible agent of the government, the cxpe-
rience Of the people proves it to be no
less necessary for the purpose of provi-
ding an equal and sound currency, sup
plying IA safe and convenient medium
of exchange, and restraining the clrcu-
lation OF he local qanks within the pro-
per limits.
Resolved, That we consider the state
banks as perfectly incompetent to pre-
serve "a uniform currency throughout Il
government composed of twentyfour ill.,
dependent states, spread over as great
an extent of country as is embraced by
our confederacy, and that the currency
of these banks uncontrolled by ma
tional bank would be attended with "A
degree of fuctuation and uncertainty
most disastrous to the agriculture,
manufactures, and commerce Of the
country.
Resolved, That the evils which
would result from this state of things
would be particularly oppressive upon
the new states where there must neces-
sarily be "A scarcity of capital, and that
our own state, from the unprecedented
immigration which is at this time taking
place, would be liable to be overrun
with the currency of remote local banks
thereby subJecting our citizens 10 great
Inconvenience and loss.
Resolved, That as the present bank
of the Tinted States has its branches al
ready established and in successful ope-
ration in every section Of the Union.
and has from long experience, acquired
that acquaintance with the system OF
exchange, and that knowledge of the
wants, resources, and commercial ope-
rations Of the different sections of the
Union which are necessary to safe
aud economical discharge Of the duties
expected from such an institution, and
as the winding up Of the concerns of
this bank and the establishment ola new
one must necessarily produce cmbar-
rassment, we would recommend re-
charter Of this bank, with such modlfi
cations and restrictions as TO secure to
the country all lis present benefits with
the fewest possible number Of its e.
wills.
Resolved, That as the removal of the
deposlles has been followed by an unex-
pected and severe pressure upon every
branch of industry, not only in other
sections of the Union, but also in our
own state and vicinity, and as we be-
lieve the pressure would be relieved
by restoration of the harmony that
ought to prevail between the ditferen:
parts of the government, we recommend
that the deposites be restored to the u
nited States bank until the question Of
the national bank shall be definitely set
tied by the general government.
Resolved, that the proceedings Of this
meeting be published in the Illinois Pa
iriot, the Jacksonville News, and the
Beardstown Chronicle, with a request
that editors throughout the state will re-
publish them.
Resolved. That a committee Of S il
be appointed 10 forward the proceed
ings of this meeting, together with the
memorial heretofore circulated, to our
senators and representative in congress
In he Dresented IN both houses of the