Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-06-06
tReply 10 the foregoing.]
BANK or THE UNrrrn CIR

April 20, 1884 (
SfR have the honor 10 acknowledge YOUR note of hi,
date aud the copy enclosed in the resolutions adopt
ed by The Committee OF the House OF Representatives
the Uted States. They have been laid before IN. Com
nitiee OF the Board OF Directors and am directed bv
them TO make the following reply:
The committee would, in the FIRST place. respectfully
state that II not their intention, The intention OF
the Board, TO allege that the Committee OF Investigation
was charged with The duty Of eliminating the Bank or its
officers They meant only say, will be by re-
ference TO the resolution, that the inquiries directed be
made In their nature accusaiory and The Com
miIee OF the Board are still obliged 10 consider them
The committee would further respectfully state that il
was not the intention OF the Board impu,e the Com
mii'ee OF Investigation q purpose Of making secret
and partial examination OF practising Injustice or on
PRESTON" They simply intended 10 assert what tbev
believe 10 be beyond Oh dpnie doubt that secret AID
partial examinations into matters which have bearing
upon The character aud conduct OF individuals are una
voidaby Uni and oppressive.
Aud, finally, the committee would most respectfully
discAim all intention CONTROL in any manner the pro-
ceedngs OF The Committee oil Investigation prescribe
10 IL any whatever Tie Board ale very sensible
they have neither the power the light do So The
only purpose OF tie Board TO exhibit respe cIuIy to
The Committee o Investigation their views Of their own
rights upon the points presented by the resolutions of
the Committee OF Investigation OF the Goth instant f,on
"nch views they have seen no reason 10 depart.
The committee very happy perceive that az vet
there Is practical difference between the views of The
Board and those entertained by the Committee of Inyes
eaon as to the mode OF proceeding be adopted mas
much as the resolutions you have done the honor 10
send to me, inform that the Committee of Invesiga
ton have airy decision, and therefore NAV
indulge hope a seeing the and Justice
OF the views respectfully suggested by the Board, the
Committee Of Invesig alton, when ihev come IN decide
will not differ from the Board in opinion.
am directed in conclusion, respectfully request that
when the Committee OF investigation shah have decided
upon the mode OF proceeding heywilI adopt they will be
good enough 10 communicate their decson that The Board
may be able take such measures as il may seem IN re
1re. In the mean time beg you to be assured Of
continued disposition OF the Board and the committee TO
contribute all mag be in their power promote the ac
communication and convenience Of the Coinilee Of Inves-
hgauon, as well as OF the great respect oil, sir,
JOHN SERGEANT, Chairman
To the Hon. FRANc1s THoSiAs, Chsfnan oil the
Committee OF the House Representatives, u. s.
,[Reply to the foregoine.1
COMMITTEE Room, N. AMERICAN HOTEL,
April 3d. 1884 !
ssh have the honor Acknowledge The receipt of
your letter OF the goth inst and having submitted IL to the
sderaiion Of tie Committee Offnve sHeaop have been
authorized TO present TO you the following reply:
The COMMITTEES regret find lhaf lLe character of the
resolutions heretofore adopted by them ard Of which
pies have been forwarded to yon much rnsunde rood
10 your teller OF the 29b, IL said, "at the Committee OF
investigation hove not come decon as 10 The mode
Of proceeding TO be adopted The propfey or Justice OF
such an alleg on not perceived Tie eonnittee have
DECIDED and made known TO you that decision dat they
have the Powero compel the production Of The books and
papers OF NE Bank Tor inspections that fey have Tie pow
err 10 make such inspection in the presence of those only
who nay be by tie committee reo,fod or iosi,ed r. a.
tend and 10 exclude from their room eli persons that
ever VINO Oy toer presence may IN any degree tend 10
impede Tie progress OF The insp cion Of she books nd pa
pers or ncommode the members the committee In ihe
discharge Of the bigb duties devoIsed on them by the
rouse Of Representatives. ghe comuSttee reserve the
right 10 exercise fhat power when il shall hive he
eome necessary, end 10 The Nbch their sense
OF property, and desire 10 do justice 10 the Bank
ana 70 'ne coHn'ry' may dcise Trey hope hs nothing
will occur, IN the Of ibis scrutiny which ma. ,
der proper aor mem to decide Upon AID exercise tie Toll
eNieHt OF the powers conferred hem bs the House and
are happy 20 learn that there practical JH renee he
tween the views Of The Board and those entertained bv
'he Cspmee. They will be glad ioknow whether fbev
Me aubonzed 70 conclude that the wiEch has been
AZ he hsu
oe se apart Tor their exclUsivs and occupation rom
lOoelock, a. NJ. uBt p. NJ. during The connusncs |
g ,s eonmiee 10 Phladeiplis. The committee sssufe
The Committee Of Directors hat II is their ssi, 10 cor,
auc' THIS investigation at place mutually convenient %
mem and he officers Of The Bank, andiD "a snnor escn
'aed 70 work no injustice or oppression"