Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-05-20
POLITICAL.
Louisa, 1894

ru, NEW YoRK, May IL.
Tho resolution adopted by the popular branch OF Con-
gress, TO appoints Committee alton 10 inquire
TO the affairs and conduct of the United States B.nk
passed by vote OF III to II. There has scarcely
ton OF any kind arisen during the present session b
mas received the appreciation large and signal ma
Jony OF the House Rumors have in circulation Tor
nays past from the purpori OF Which surned
mat the managers OF the United States Bank were deter
mined 10 defeat all attempts TO investigate the concerns of
mat corrupt institution, and refuse re neve the yri
which conceals their inqnitous transactions These -,
mors however, could not gain entire credit from those
"o oe ~ minu now strong was the OF The House
III svour OIL appointing the Investigating Committee how
eAPct were the instructions given them, and how am
pie the powers with which they were clothed.
seems however, that these reports were bu, too well
founded The Baak has added another act OF andacou.
wckedness to those which had already made il the object
OF unappeasabie deteslaon and abhorrence To the
oooy OF the People OF the United States. 1t has given
another evidence of its determination rule the country
ana as II lately undertook TO withhold The pubic funds from
he executive department charged with hercHs,ody and
10 dictate the law to the President the United States
60 now refuses obedience resolution of Compress
framed IN strict accordance with the terms of its charter
anu shutting ITS books against the Committee Of Inyes
they left 1855 ''''"
The Committee OF I0vestiga alton adjourned we amber
stand, TO meet again in Washington ON Thursisy nex,
when' 1t Is presumed, full official report of their whole
proceedings and those OF tho Bank will be sbu;,, 10
Congress and laid before the people OF the United STATE.
Noshog has occurred in the whole history OF This pow
eu ana dangerous monopoly which equals srroe snce
'ms high-handed and startling proceeding lis bribery
and corruption, extensively has been praclised a.
me'" 10 operate IN secret Its resistance The Execu
Tue matter OF tile of
iereu under he pe'ence Of obedicncc the law Bur
lis refusal TO submit 10 the of the COMMITTEES
OF Congress there Is no plea tojusfy exenuse s au-
dacy; and we 10 upon this instance of monsrous
and unhesrd of arrogance other light Than as the re
sui OF conviction entertained by the Bank the pow
OF its gold has length pre- cd and that a. b,, iii,
direct bribery, what with indirect corruption and vha
WIN pecunaTy coercion has obtained he mastery over
the American people. We shalI be greatly mistaken
however, n Ills FAST exhibition OF autocrac arrogance
does not arouse the indignation Of The People 20 the p
sS PlIch. we have mscacnaied the moral OF
fellow countrymen they ameIy brook the sudacio,s
conduct on me part OF money corporation, hus openly
and nsoeDty setting all law and all authority az defiance
The clause IN hc charter of the Bank by which Con.
grcss reserved 10 itself Inc power 10 examine into the A.
fairs aud management Of that institution is ces and
pie The tweniy-tir section oil the act OF 1916 char
terng the United States Bank is in the following words
" That II shall at all times he lawful Tor committee of
either House OF Congress appointed tn al burmese 10
inspect me boos' ana examine into the ceedugs OF
the corporation hereby created, and 10 report whether
the provisions Of this charter have BEEN by the same
violated or not"
With regard to the particulars of the conduc, of The
President and Directors OF the United States Bank
the investigating Committee, have heard several yer.
bal reports OF which the following paragraph, given in
postscript OF the Albany Argus, contains The Substance
The extreme arrogance Of the Bank and tho
Of the Preence set may be inferred from The course
adopted by the Committee, who would not have rsin.
quisbed the investigation aud returned TO ssbing,oo had
the Bank attempted 10 prevent their alton bv
other means than those Which lis charter authorizes il TO
The Committee soon after their appointment, say.
the Albany Argus "assembed in Philade phis and de-
he AK far
we examination OF the books aud accounts Of the Bank
This was refused, except upon the condition that com
nittee OF seven OF the directors shou be present at ali
examinations OF the books and was also refused IN al
low copies extracts 10 be taken. The committee ts
adjourned to room ~ one Of HE hotels, aud demanded
that the books be sent ther. This was also refused.
but sproposiion made the part OF the Bank IN IN 90
40 examination OF the hooks in the bank and in The mrs.
seDce Of the officers of the Institution The can,m;,,s
anxious to ului the duties Of their appointment sccense
tue proposition, aud proceeded the Bank. rheo Al,
Bdde refuses 10 allow exaiDin alton Of the books I'm
less TIE object OF such examination OF the particular books
were sta ed ~ writing compliance with such extgs
ofdnary terms was OF course inadmssbe and ,le com
miiiee returned TO their roo directed suboona ~
issue for the appearance before them the president and
directors, with the books Of The bank Tic sp,,o.,.
were served by tie marsbal, and the president and rec
tors appeared, but refused tie books and refused IL he
s"orn or TO give evidence The COMMITTEES Of course
hsn no Alternative but to return 10 the seat Of Government
which they were 10 DO, learn on Mopdsy.n- ~
Post. " 'S' ~
II e thus this nsolent and powerful Corpora,ioo .r,
itself against the constituted authorities I, s
the power Of Congress a, defence. The Cresturs az
sumes attributes above the Creator II is resotvsJ A. -
on ana 70 perPeuao IFS charter and 10 govern he e
NY ~ dehsnce o the legislative power or the will of M
people But Dhy does " refuse sO invesgigstioo int ,,
sfiiirsl Why does II withhold lie books, wiz 10 49, W
hcers refuse te be sworn 10 tsshfyg VIII any oo 80
gine that these high handed anil most ex,r,ordn. @
ceeoDgs spring from conscious iDuocenceY Arc sc, -
Iaordinsry measures resorled 10 by the oascc, ~ ~,
hsnk because all y fair, and honest and defnb.J W.,
VIII believe iR-HJaBg Argn. ""o
Nothing but the CONSEQUENCES Of ds,noing o,,,
shDg out Ie Tear tbst practices OF the most enoro 80
hagiuous corruption would be deeeted--nothoo h,, ri,
spPssnenson That s vast and wicked schemes we're sh
20 De iaid before the American People, could b,S. @