Vandalia Whig and Illinois intelligencer. [volume] (Vandalia, Ill.) 1832-183?, 1834-06-26

Hal
ny the failure Of the committee to obtain
he books thus required of the president
md cashier. II was known to the COM
Dittee ot the house, that the directors, BY
IN authentic act, of which copy had been
communicated, had placed the books al the |
disposal Of the committee of the board, toi
re by them submitted in person for inspec-
i"n. The said committee of the directors
mad twice positively made known their in
lbility to depart from the instruction Of the
board in this respect. The committee of
The house were apprized that the books
asked tor were not, under the instructions
1t the board, at the voluntary disposal Of
he president and cashier. and the demand
made OF these officers by the cormittee in
person, at the bank, was not Of the nature
II legal process to compel their produce
ton, surprising them 10 have been de facto
IN the keeping Of said officers. For these
considerations, the under signed opposed the
personal demand for the production of the
Books now under consideration, as a meas
ure which must, for the reason stated, prove
Intellectual, unnecessary for the making up
Of the desired issue, and open to the obiec-
ton OF wearing vexatious appearance
10 nuke a third application for voIunta.
ry submission of the books, in a manner
which 1t was known was deemed inadmis-
sibie, at the same time that no recourse
was had TO compulsory process, could not
but have the effect, though certainly no, so
Intended, OF gratuitousIy throwing upon
the directors, the odium of repeated refu-
sails OF the requests of the committee of the
house. However this may be, as the fac,
is undoubted that the directors had placed
the books under the control of the commit
tee OF the hoard; as their right to do so is
unqnestionable; as the chairman cf the
Committee of the directors had apprised the
Chairman of the committee of inyestipa.
tion that the former could not be reassem-
Died at the very short notice given. but
should be so without unnecessary DELAY. 10
submit the books for ius pection; as the
DOCKS were hot, in point Of fact, in posses.
sion OF me officers called on the under.
signed teel confident that, in respectfully
declining to produce them, those officers
were gui,ty Of no contempt Of the authori-
ty OF the house.
.. Bat whatever difference of opinion
might at The first have existed between the
cninmlttee Ut the house and the COMMITTEES
ot the directors as to the propriety of per-
hitting the latter to retain the custody of
The books, and to submit them in person 10
The Committee Ut the house, further consid-
Grafton appears to have led the committee
OF the house to admit the reasonableness of
this mode OF conducting the investigation,
50 Tar at least as to acquiesce in ia con-
slderatlon which exonerates the directors
IRON any charge of Contempt in the course
hitherto pursued by them. Accordingly,
without waving their right to require the
production OF the books at their lodgings.
they repaired again to the banking house,
to the room set apart Tor their accommoda-
uon, and required the production Of certain
OF the books Of the bank,
Ii will be observed that, I'd TO this time.
nothing had been arranged as to the mode
Of conducting the inspection beyond the
single point, settled by The acquiescence
OF the committee of the house of represen
tatives, that the books should be submitted
IN person by the committee Of the direc
tors. No Objects OF inquiry had been an
nounced by the committee of investigation,
further than they appear in the resolution
OF the house under which the committee
was raised, aud IN The calls made for infor-
nation, as to great amount and variety
Of matters, as appears from the resolution
in the appendix. The correspondence
which had taken place between the COM
nlttees had been confined almost exclu
sively to The single ground Of the course
deemed proper 10 be pursued by the COM
Inittee. to obtein possession of the books oil
The bank.
On the arrival Of the committee al the
banking house on the 7,h Of NAV. a call
was made on the committee Of the boa I'D
N pursuance Of the following resolution:
My 7, 1884.
Resolped, That the committee will pro
;eed to examine into the truth of the state.
nents made by the government directors to
he president Of the United States and to-
congress, and for that purpose will this day
call for the production, for inspection, OF
he minute books containing the proceed
ngs of the directors Of the bank, and the
expense books and vouchers for expenses
incurred. ID
As preliminary to reply 10 this demand,
he following paper was read by the chair e
nan of the committee of the board: ,
May I, 1884. ID
Whereas II appears, from the resoIu- I
ion Of the house Of representatives of /,