Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-12-30

ments selecting bank in each State notoriousv SOL
vent IN leu oil the present, should not be situated
Pmladelphia, New York. Boston, Richmond, &c known
tot solvent and beStow upon il the same countenance
you bestow on the branches OF this bank iimitinr TIE
reception OF the revenue entirely their notes or specie
and giving them the public Dcpositcs, will gentlemen as
sign amy good reasons for surprising that the notes Of
such banks would not circulate currently and as uni
tornly those og this institution? The note of the
Richmond Bank, for example, being received every
Wherc IN payncntof government dues, would be rca-
u'ly caught up by the merchants note of this bank
payable alone ut Richmond. There is difficulty i'm
devsng substitute Nor is there any necessity for
alarm tor the safety of Government Deposites The
State Banks thus selected would rcadily consent
10 exhibit TO the Secretary of the Treasury monthly and
quarterly accounts of their actual condition There OK
sd no difficulty on that head when the old charter ex-
pred Thus then the Government would render as Sc
cure ITS funds under such SYSTEM under the present
cntrcat gentlemen 10 arrest the evil now that they
can Sir, was astonshcd at the argument of the no.
norable gentleman from South Carolina He.con-
tended that the great object of the charter had been
nswercd that every facility had been afforded TO the
operations OF the Treasury and, therefore that no
forfeiture had ensued. What is this but to say TO the
pak take care to be the glove to the hand of the rea-
suy obey ITS wishes; facilitate its schemes and opera
tons; and do whatever else you poasc-you shall not
DC arresed swinde and cheat and deceive the untn-
ing people OF the country without mercy and without
end; only take to the smiles of the Treasu-
ry and all shall be smooth and well Is il not actually
granting to the Bank patent to offend? cannot listen
10 such position. l call upon the warmcst advo-
Gates OF this system, although satisfied that the
eau Is VAN, to unite with me in this measure You
"
Pec'htionS Instead OF system Astounding in bless
ngs I, has been converted into instrument of COR
H. Mor , Gold nnleelng speculation has usurped
encourage such state of things? Our republic can only
be preserved by strict adherence to VIRTUE. IL Is
duty II consult eternal rood 10 mt doc, mis-
first instance Of detected corrupto and ercJy preserre
ourSc'rcS from It's contamination The Bank Is aIreadv
nter'eoccn Nth the elections Of many Its influence acu
become crery day aud ertcnSicc; and If acc s
fer MiS oPpOyity escape aaay sgh orer our mn,
hfy condition, Gm that .eU % tie only prirege ,chich
oW DC ttt as. Let my fate be ,chat IL man. karc dis
charged my daty and am regardless Of hc conSe-
qHcaccS.'
Who is there, who listened to the reading of the Re-
port the other day, in the Senate, made by Mr. Tlcr
and now reads these extracts from his speech of 1919
but must be struck with amazement Amazed the re-
petition of 90 hostility" TO the Bank charged upon the
President of the United States from such oGarte -!
Where can document be found containing greater sos
lty 20 the Bank, than is contained in these extracts
change of tone then assumed and that which now as
suIned by Mr. Tyler, in his Report What has led 10
inns change with MIR Tyler? Is "the corruption which,
by lis Illicit gains almost laughs your power since
become diminished? Is "thc responsibility due from
the creature to the creator readily acknowledged
now by the Bank than then Does MIR. TYLER find evil
dencc of it in the treatment which Committee of the
Representatives of the American People received last
Spring from the Bank Docs Mr.. Tyler now think that
because we did not punish improperly in its BIRTH we
must not approach it when it has gained full size 81
What could have been prophetic of what has hap
pened than that contained in the concluding part of the
extracts from the speech of Mr.. Tyler Does Mr. r.
consider 1T less "duty to 'put down" this Gin
stance OF detected corrupon than nc did in 1919; or
mas the Bank become "nterwoven" with his ''aiiec-
tons to such degree that he is ''to sigh over
our unhappy condition ''thc only privilege which
will be lett us T.?
However much Mr. Tyler may have changed since
IclJ IN ms sentiments now we apprehcnd that he will
find that his sentiments of that day, in regard TO tie
Bank, are the sentiments, at the present day. of most of
the gh-'ninded, proud spirited citizens Of the Old
Dominion
We would ask Mr.. Tyler, and those with whom he
acted during the season of making, arising from
the removal of the dcposiies, wherein the measures
adopted for keeping the public money differs from those
winch he pointed out in these extracts, and by adoptnG
which. the Goverrmcnt would render as secure its
funds under such system az under the present"
II The Administration needed justification and de-
fence Tor the removal of the dcposcs and the measures
adopted connected with that measure the most apc arc
to be found furnished by Mr. Tyler.