Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1834-01-30

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..,srest in the community; and that this
n,.chief cannot he imputed TO any thing
Jooe or omitted by the Bank of the U
States: for, according to all the informa-
Ton accessible TO this meeting. the efflrts
oT The Bank TO call in IFS funds, On order
~ enable it 10 meet the unexampled ex
;g,ncy in its affairs, produced by the &C
,,oo of the Government-to sustain a run
nnon il. conducted by the Government il
IF with its overwhelming means. to do
n short. what the Executive ayowedly in
,~oded 70 compel II TO do, that is. to be-
g;o Immediately TO wind mp its affairs, /,
have been cautious, moderate and forhear
inc: but, in the opinion OF this meeting,
,be preseni distressed state OF things is
,,ainly TO he imputed 10 the conduct of
,bs Execuiive-to the shock which this
m ;udyed measure has given 10 public
confidence and credit.-to the necessity IL
has imposed on every man 10 withhold
r,ed;t from others and look only TO his
own security and TO the general sense OF
,he jeopardy 10 the whole property Of the
rountry, which such sudden and violent
changes n vcr have failed, and never wi |
ar can fail 10 produce.
Resided, As the opinion Of this meet
inc. that no efficient corrective OF the evil
ean be devised, save Only the removal OF
the cause that has produced IL; the adop.
tim Of measures To reverse, 10 the utmost
extent practicable, the pernicious action
Of the Executive; to restore public conf
dence, by restoring 10 the Bank Of The
limited States the rights which have IN
wisely. unjusily. Illegally, and unconstitu
tionally. been taken away from il; or AT
the least, by securing 10 the Bank the de
nosiles heretofore made. which have moi
Already been drawn from it, and the de-
po.tes Of all public treasure which ny
accrle in future during the continuance
of its Oh .riet; and above all, TO re assure
/ the people. that the disposition Of IFS irea
sure belongs 10 its representatives in Con
| gress, and not 10 the Executive, and thus
/ to re assure them Of their property and Of
/ their liberty.
Resolced. also, as the opinion Of this
meeting. That no corrective which Con.
rress can devise, can be effcctual, unless
| il be specify applied,
Resolved, That the Chairman be re
ouested TO transmit copy of these reso-
| utions 10 each of the Representatives Of
thi, State in the House Of Representatives
md Senate OF the United States, as ex
pres.ive of the deiberative opinion Of that
portion Of their constituents now here as
,embled. on the present fearful conjunc
ture Of affairs in the hope that Congress
will promptly devise means to correct the
evil, already experienced from the unhap
| py, illegal, and arbitrary measures Of the
! Executive, and TO prevent the yet greater
evils that are but too certainly 10 be APP
/ pretended. and that the representatives Of
] this State, particularly, will earnestly unite
&and assist in the work; and that IL will
adopt measures 10 heal the wound that
has been inflicted on the public faith. by
doing right and Justice TO the Bauk: for
in justice only, and that promptly render
ed, can any healing Influence he founu;
and that it will not fail TO assert and main
tain its own absolute and exclusive con
troll over the treas ire Of the nation, with
ont which the Constitution Of TIE Uuit, d
States must soon become an empty form.
Whereupon, the following resolutions
were offered as a substitute, by CHARLES
B HARDING. Esq:
Resolced. That the recent removal by
the Secretary of the Treasury, Of the Fe
d.ral Drposiies, from the Bank OF the
United States. TO the State hanks, although
he had the right, was premature. injudci
Gus. impoli,ic. and not called for by the
exigencies of the country. and is further
more deeply to be depIored, because, in
asmuch as they were admitted 10 be safe
n said banks, their removal at that time,
under all the Attending circumstances. if
1t does not compel the institution TO cause
premature distress throughout the coun.
try. at least affords pi,usible pretext for
Fastening and increasing that deranse
ment of The circulating medium which
must inevitably, to certain extent, pre-
cede and attend dissolution of its char
ter-and therefore increase its claims for
perpet Eating its existence.
Reso'Ucd, That the Congress Of the Uni
Ted States is not vested by the Consiitu-
ton thereof with the power 10 incorporate
national bank. and that our representa-
i've is hereby earnestly requested TO op
pose all attempts which may he made 10
re charter the present bank. and 10 aid in
passing all needlul, and proper laws, 10
compel, and enable the Directors thereof.
10 htIng IFS concerns TO final close, in the
manner least injurious TO the currency OF
'He country and tile happiness of the peo
fsso'ced, That as the Federal Deposiies
we're thus removed, il is matter of deep
sohcliude that they should be transferred
10 places Of entire safety
Whercupon. the meeting being several
addressed by Messrs. DAVENPORT and
HARDING the sense of the meeting was
'Sen on the adoption OF tie substitute.
anu carried in the negative = for ihs sub
s"o1e between five and ten votes; against
H. All The rest present.
lne question was then taken on the
RCHoP''on OF the resolutions reported by the
aomml'iee,-w Which were adopted by a
f0fnTesPond'ngly large majority.
ON n"',on Of A. HuSrER. Esq,
he'o'ced' That the proceedings of this
ntrh a III