Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-05-09
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PssE.aFaCAL.
BANK OF THE IJNITEn srAr1

when General Hamilton Projected the establ.hmen Of
'his Bank whose notes lie received i'm all nav.
nen's to the Federal Government, and were 10 20 mo
general circulation and become the substitute Tor oId
and silver in all the business lions br m
auumen when in word the Bank should become a, n.
h'ended to be- the real nst OF the United States ssu
ing pepper money TO supersede mesllc none y-G neral
an'ton ~ that case, aud without reference to tho stock
whrh The Un'ted States might hold in the Bank claimed
AMI asserted not only the right but the d,ltv of The Co.
~ 10 ascertain as often as II thought fit the
a' .o"puon oil the Bank ny an unrcsiraned exsmina.
non in'os afaiis aud asserted also that any on
e part oil thc Bank TO this examination lis manage
"'eh' Emu condiion, would imply consciousness OF mis-
management and OF make il the more desirable
Tor the community TO make The examination The follow
ing Is an extrac, HON his port on this point:
There is one thing, however, which the Government,
owes TO itself and the cos,nurf NJ least IN ali ,a,
par o, winch are not stockholders, which is to reserve
10 I'se the right OF ascersiunc as often az may n. p.
cesSsry ma STATE IF The Bank II the paprr of the
Bank Is to permitted 10 itself Into ali the rere
MUGS ana receipts o country; TO be toera,
ca as 'e SUBSTITUTE Tor gold and srer in all the snsac
hons oil business i, becomes either view national
concern 81 ne first mosritude. As SUCH the ordinary
tues OF prudence require ta, the Government should nos
.ess The means OF dscertainng, WHENEVER 1T
II ll>,f, FIT THAT so DELICATE A TRUST is
EXECUTED WITH FIDELITY AND cs;;-
night OF this kind is only desirable. az !, IN
Government but it ought he equally so to an those
@ III te lrsnuon as an additional title opu5Rc
ana pftcdie .53acnce, and a hing which can only he
OhMlDABLE 10 PRACTICES which IMPLY Mis-
MANAGEMENT" M " 49,
Such was the language of Gen. Hamilton for,y.two
bank whose paper Was PfGeSisa as of
pe eec9ms the s%sny Of the Government of the Peo
should be subject TO the examination OF the Goy.pmsm,
10 ascertain s condition. and know whether s ac, AZ,
u"st had been executed with fidelity and care and thai
none but guilty institution could object 10 scb re
searches. Wen The Bank established and is now
esao She'd and its paper has done what Gen Hamilton
intended II should do aud the Government has Attended
ascertain Its condition, and the care and 6l.v win
which 1t has executed its delicate and lyh ns,;nnai
rust ana what is the result la the first place the
Government Directors who gave Information 10 the CIV
are denounced as spies, and rejected by the
/ nSNt nj III
Philadelphia denounces, in n pretended cou,munica-
"o' Tue conduct OF the members Congress who vot
ca Tor committee 10 examine the Bank-treai. tbe
.oe as breach OF the Constitution. and claims for
me Bank, the benefit Of the amended article IN The Con
su.uon winch protects the People from unIe asonabIe
searches IN their houses, aud from yyiho, oahs
aud itom general warrants sc sc. &C. and honos the
members who voted for the Committee with the emihs,s
Of uSuPeTs abusing their trusts and violating Ma. Cn
s'I'uon! Such is the Conduct OF this Bank which Cen
erai Hamilon thought onglt TO be examined ,henevcr
the Government, thought tit How lar il will now .nh;,
10 DE examined, Time will quickly show. In the mean
whie and in addition to the articles already quoted from
e DanK ln,elIigeneer in this city and the Bank o:yA4
PennsYvanis a'i may prepare the pu,c nud
Tor the sequel OF the proceedings which '.
rom me manner In which the Government Dire ctos have
been rejected and sigmaiized as spies and tIe ,or;,
OF The onse OF Representatives denounced voatos OF
he Con-tuion aud usperS, for daring appoint COM
Bank Globe "p''''
lFIom the Penns yIvani.n of MsyeI
There Is IN Io,y n OF misunderstood
ing between The Committee of Investigation ,nnoin,e1
" bouse O representatives. and the MANAGERS of
he Bank OF the United Siatess What foundation for
there may be, we do not know but il anything has occur
reo has arisen from attempt the part OF the Bank
oil which we understand there 70 doubt 10 place The
COMMITTEE OF Congress under The surveillance of seven
OF .e Directors, who, TO the fayourite language of
he pTZans are 10 serve as spies, and watch intrude
upon and note down all the proceedings the seven gen
emen who represent the highest popular rbuna! of the
american people, in the discharge Of important trust,
" G entertain fear that either the Committee of Con.
gresS, or the House of Representatives, or the People
VIII submit to the Intrusion OF such spies Enough has
been already disclosed show the secret ,sidious
snd unprIncipied measures TO which this Institution
- ready TO in order and nsrepres.nt
ss repeated violations OF its charter aud interference
with The Laws and Constitution OF the country and
HE interest and welfare Of American citizens Public
opinion Imperousy demands thorough exposure and il
we have not mistaken the character those who compose
he Committee OF Congress- well Tie triumphant ma
yoriy OF The House OF Representatives, they will permit
the BANK 10 evade II neither by suberugs nor by This i'll
disguised system Of espionage and intended
lion and couceaImen Like the Grand Jury OF the nation
they will resoutcy discharge rheir duties, inquire into and
present all such matters may come within their
knowedge without fear, favour, shectioD the hone
Of Zee or rctoard In word, without permitting sny in.
ericrence direct or Indirect any preience
IN The discharge OF duty towards which the eyey of the
people are snxiousiy turned"