Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1834-01-08
MIR. BENToN's SPEECH.
ON the Removal of the Deposites.
rcoNr,Nr1rD

r,,ner in which the Bank had conduct
"a Ire defence against the President was next TO
occnnv the attention of the Senate. Inc three
resoh,tions adopted by the Board TO PROVIDE the
WAYS and means, and direct the illouo y! "a.
inc on that Defence were briefly recapi.u,a.eu
by Mr. B. from the first one IN NoVeHipei, iooo'
which authorized the wide diffusion ana repuo-
lication of Mr. Gallatn's essay on currency, 10
that of March 18th, 1881, which cohtdiiien eno
DELEGATION of general authority to the fIesi
dent of the Bank to take upon himself the Gaie
of its defence and which authority seenicu ~
be conferred in the equivocal WORDS III miion q
similar authority was conferred py .le - aao
,'.han = D;ctator was created, that he should see
tbot the Republic receiued no detr1mem,
To that of August, 1888, which confirmed any. anu
extended the former and gave IL Pi "a
meaning not observable upon the lao1 %
words. by confirming all that had DeeIi uoile VI ~.
der il. Mr. 3. said it was not MS lltehlioi! W
go out ofthe record at present to search liiao
the manner of conducting this defence; thefe
was an immensely of matter beyond the recoiu ,
which might be well used, but there was enough
in il TO show the character OF tne ueiehC1,
and he would confne himself to IT, he Wouiu
not even now dlate upon the 1agrant oreaGl! Vi
the charter committed in the second anu UNI
resolutions which put the funds OF the stocKnold-
ers without limitation of time or amount, at the
sole disposition of Mr.. Biddle; he would not
repeat the contents of any OF the puoncauolls
made AGAINST the President OF the United states
in the pamphlets, hand-bllls, and oroodStoeS,
which were printed under these resolutions; nc
would not refer to the newspaper arucles iiiii''
merable as the leaves of the trees, which owed
their origin to the same source; ne "ouiu hot
refer to the relentless and cruel persecution Vi
five years duration which had been carried on
against the public and private character VI 'l1
Presidents against his official and his personal
conduct-against all even who took ms Paii'
he would not refer to these things, an oi WIZ
owed their origin to the three resolutions loi .ne
defence of the Bank, by communicating lhlol-
nation to the people; but leaving them, Tor the
nresent to the recollection OF the Senate, ana
proposing to pay some attention 10 theih III al.
other part ofhis speech, he would now hmlt
himself to the words in the record; presented
to the Senate in form which made them the
immediate act Of the Bank in its most solemn
and official mode of acting, and leaving upon
the institution itselfthe undivided and undispu-
ted responsibility OF what was SAID.
The first feature in the manner OF conductihg
what has been called defence ofthe Bank, out
which is now proved to be long conunued at
tack upon the President to prevent his re-elec-
ton because he was opposed to renewal OF the
charter of the bank is the resolution for the ar
rest and punishment OF counterfelters, ostenta-
tiously paraded by the Bank in its report and
STYLED by them a kindred subject to the Pfesl-
dents first assault. They say that the form OF
the resolution in the case of the President was
the same as the form of another resolution on q
" kindred subject" namely, the arrest OF coun-
terfeiters, and then give the form OF both that
the similitude might be seen, and that all Ameri-
ca and Europe should see that the Bank placed
the President ofthe United States, and the coun-
terfeiterS of its notes, on level with each other
and actually affirmed a relationship, or kind
red, between their respective conducts BON
resolutions were quoted in the extract which ne,
Mr. B., had read, and all the difference that ne
could see between them, was the absence OF all
that vindctive feeling towards the counterfeit
ers which was so venomously expressed towards
the President. But it was not in the resolution
alone, that the President was assimilated to the
basest order of felons. The delicious compar-
ison was too agreeable to be dropt after once
using. 1t is soon REQUIRED to again, and the
right of the Bank courageously affirmed to dc
fend itself equally against those who cir
culated false statements, and those who ctrcu-
late false notes TO its prejudice. He, Mr.. Is. had
seen all this, some months ago, in the newspaper
press in the service of the Bank, but it had ne
yer entered into his head to suppose that the
directors had drawn up such articles. He had
also heard it in the speech Of the Senator from
KY. (Mr. Clay) who led Off the debate in favor
of the Bank; but even these preparatory notes
had not prepared his feelings for the shock
which he felt at seeing the American President,
assimilated to band of counterfeiters IN an OF
fetal report from the Board of Directors, and
actually addressed to the members ofCongress.
Great as his idea was of the boldness of the
moneyed power, this was shot beyond all his
and he read, and re-read with 81
lent, and nexpressibe indignation, the outrage
which was offered, not so much to the President,
as to the people who had elected him, and the
republican government Of which he was the
Chief Magistrate. But his attention was not
permitted to remain fixed nor his Indignation
to exhaust ITSELF on this amazing and almost in
credible outrage; cloud Of other passages and
epithets, of the same cast and temper, presented
themselves to his view, and claimed share of
his feelings "Injurious calumnies;''- So" ca
Illuminated doun; p" misrepresentation" So
" sacrificed By falsehoods;" -Such are the cpl
thets applied by Board of Bank Directors
against the FIRST Magistrate of a Repubic,-a
President who had been twice, he might say,
three times, elected to hatdignity by the people;
because he had disclosed the fact ofhis unwilling
ness to see their Bank re-chartered. Well might
Jefferson call the institution an enemy to the
forms and principles of our institution; well
might he say, that it would labor to destroy the
confidence Of the people in their public func-
tionaries, and seize critical moment to upset
Al A hot bo cold SC GoI