Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-10-03
PVs.hT'HCAHI.

BAJvK or THE UNITED STATES
SPEECH OF MR. BENT0N-oF Missouri
icdre 10 introduce Joint Resolution against the re,
'ie'odl d The charter Of the Bank Of the United
Sidtes-- February I'd, 1881
In pursuance of the notice which he had given, Mr.
Benton to ask leave to Introduce Joint Resoluon
declaring II TO be tue OF Congress that the charter
oil the Bank oil the United States ought to be renew
ed lie commenced his speech in support of the applca-
ton for the leave tie about ask with nsticaon
o! himself for bringing forward The question of renewal
Mt this time when tie charter had still five years 10 run
and bottomed bis vindcsIion chiefly right he nos
sesed and the necessity he under to answer certain
Reports Of Of the Committees the Senate made i'm
opposition TO certain resolutions relative the Bank which
he had submitted the Senate nj former sessions. snJ
which reports he had not an opportunity OF
III said IL had been Ills otue chance some hre wears
ago. 10 submit resolution in relation The unraw bslan
ces OF tho public moneyn the hands the Bank and to ac
company II with poor of unlavo bic n,uica
ton TO the tuuro existence of that institution NV reso
lu0n said Mr.. b. referred 10 the Committee nm FL
nance who mado Report decidedly adverse to all nv
views and emneny favorable the Blnk, both as pre
sent aud future institution. This report came in ON The
l8h OF May-just fourteen days before ,e conclusion OF
SIX months session. when all hurry and precipta.
ton TO terminate the business hand am! when there
not the least chance TO engage The AT sss of The
Senate in the consideration OF any subject THE re-
port was therefore, laid upon the table Unanswered: but
was printed by the order o! e Senate unJ chat in extra
numbers, and widely diHused .eoniry by means
oil the newspaper press AZ the nj Of the
next session. being irregular coll TO- the
oil the past report, under the necessity to begin
anew; and accordingly submitted NV e,o.u,on s,con
time and that quite early III the SESSIONS say on the first
day OF January. Ii wish thai this n.
solution might be discussed in tile Senate but the Sc nti
ment oil the majority different and second reference
OF il made TO the Finance Committee. second re-
port OF the same purpor with the first, matter of
but what dis 10 me to be matter of
course was this that this second report should come
in until the 10Th OF Ftbinary us!0urteen days n be.
fore the end OF the session. for then The sost s0s.
on and the Senate as much pnched before time TO
finish the business on hand No answer could be made 10
it; but the report printed wbthe former report ap
pended TO il aud ias, united like The Sisess twins and
ION of Sene
they went forth together make the tour of the Union ia
the columns OF the newspaper press. Thus | was se
cond time out OF court; ted Tor wan,
OF replication, when there time TO file ore /
had Intended to begin de aud for e third time al
the opening oil the ensuing session. but happily anti
cpated aud prevented by the annual message of the new
President, (GEN JAcKsoND which brought the question
OF rene wing the Bank charter directly before Congress-
reference OF this part OF the message made OF
to tho Finsnce Committee: lie committee Of
course, again reported and with increased aror IN favor
oil the Bank Unhsnpy this third report which was an
amplhcstion and relcraion of tho two former did moi
ia until The session four months advanced and
when the time OF tire Senate had become rnerosseJ ami
lis attention absorbed by the and important sub
jecis which had accnInuased upon the calender Print
ing IN extra numbers, general circulation through the
newspaper press, aud answer was the caaat onhe nj
this third reference TO the Finance Committee Tins
was non-suited Tor the third Tie fourl!. session,
has round; the subj cts az ain be fore Tho
same committee Oh The reference OF the parlci the Pres
dents second annual message which relates 10 e Bsnk
and doubtless, fourth report Of The import with the
three preceding may be expected. But hen te
question! And "a cannot that question and flc
session is now two thirds advanced, and Us have no Dis
position TO be cut of or the fourth time have thougL
proper TO create occasion deliver my own sendmen,s
by asking leave Introduce Joint Resolution adverse IN
the tenor OF all the reports, and give y feasons against
them, while supporting my application for The leave de-
manded: course OF proceeding wtc is Just 10 ,nyse
and us 10 all liberty TO answer me
These ny personal Tor his Sep and mart of INV
answer to The objection, that have begun Too soon
The conduct Of the Bank aud felds constitutes the
second branch OF my justification 1t certainly not "ioo
soon" for them judging by their c1ncuc TO eoesee in
the question OF renewing the Bank charter snJ out
Of Congress they all be Of accord on This point
Three reports oil committees In the Senate and On.
from committee OF the House OF Rcpreseno,ives have
been in favor Of the renewals and ALI Tins, rsn,,fs
instead Of being laid away Tor future use ius, If
being stuck n pigeon holts, and labeled Tor fure A.
tenhon-as things coming forth preinsnrely and oo,
wanted Tor present scrvcobave, Oh Tie eonriry been
universally received BY The Bank and its hend in one
great tempest Of applause; greeted with every species
aceamalon printed in Of the p9pefs aud every Of
fort made to give The widest diffusion, and he highest el-
ieet tome arguments they conliin ln addition 10 his and
at the present session. within io9 ddys pas 5000 COPIES Of
the exposition Of the Affairs Of The Bank have been printed y
order Of the Houses, thing never before done and
intended 10 biazon hu merits Of The Pant IAtr
Smith, NJ Maryland, hero expressed soise dissent IN is
statement; but Mr. Is. affirmed lie eofrscfn.s, i; i
stance II not to fle letter ond continued AThi. doeq t
look II the Bank advocates thought was Toe soeu 10
discuss the question Of renewing The charter and pop mi,
exhibition OF their senlimeGs shall me assertion
and Inc proof that they dono think Tic iri trsneb
OF ny Justification rests upon sense Of public dgiv
upon sense Of what is just and syan!sgoou the peo.
PIE 10 general, AMI 70 The debtors aud stock holders of
the Bank IN Psrticusr. The renewal Of the charter s
question which the people large. and II
they ore 10 have any hand IN the decision this uueson
II hey sre even to know what IL done before IL il done
high time that hey saj their representa- ives I'm Con
gess, should understand each others mind upon it, Tie
charter has ba i've years 70 run; and, II renewed at all
will probably be az short pefioI say two or free
years before tho lime Is out aud any time sooner that
chance can be 70 gaop tue renewal through Con.
gfess The people, therefore, have line 10 lose they
mean 70 have aug hand a the decision Of This erest o1e
eon TO tho Bank itsgH IL mua be sdvantsaeons III |
ieas u not desirable 10 know IL fate % that NAV
avoid ~ ihofs IL TO be no fenewa5 tte tfoube snd
Psnss Of multiplying branches upon the dissolution
snd The risk aud Inconvenience OF extending loans beyond
me term ois existence To The debtors upon mortesess
ADD indefinite accommodations, must be slso adSs1eo