Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-04-29

The ~su'joined article from the Washington Globe, re.
rates &c a subject concerning which we have heard much
e9eetea by the Committee OF Investigation Into the Affairs
oi the Bank, and their mode of procedure.
iii INVESTIGATIONS
The inquiry ordered by the House of Representatives
into the conduct OF the Bank of the Uni,rJ St,tss ~ :,
lus.iy De considered as one Of the mos, importan, events
IN the legislative history OF the United States. On i,s
results Will probably depend, not only the eventual fate Of
tue present bank, but Of any similar institution In ali
m ,ni ~ gone. me great powers granted TO The com.
miVee,-the elaborate specification Of points to be ex.
anined,-the ample authority with which thew. y.
cio'hed,-the unlimited time a,lo~e ed them.-witb tic
pointed requisiuon TO report at rs early a hay as practica.
oic,-al atiest the laudable determination of The Honse n
nave a full and impartial trial between the
u me DANf and to bring out the ruth. the whDle truth,
anu .o,hing but the truth, without fear. favor, ofafTeciion.
10 any power, party, or individual, that may be concerned.
iwo other committees have been appointed, heretofore, to
examine 'hs Bank, but neither oil Them with such full
powers as are vested In the present committees: and GER.
.'ih'y the public expectation was never so excited. " 81
intensely fixed Oh the issue before. The CnlIox;,r ~, I,sis
VI "a resolution under which the committee is appointed.
VIII show the magnitude Of the trust which il con6deJ to
devolved upon them:
|. OBJECTS OF INQUIRY.
!. Wheiher The charter ct the Bank has been violated.
. "ne"sr uses-coriuptions-o NAL practices, have
occurred in ITS management.
D hether II has used its corporate powers, or its coy.
po,ate money; l. TO control the pres; 2. To interfere
in poliiics; 3. To influence elections.
4. Whether il has had any agency, first. tbrougb ~ ~.
niagement; secondly, through is money. in oroiucing
me existing pressure upon the community.
|. ~ ascertain, as far as practicable, the cause of the
commeiciaie u'barrassments aud distre sses, complained
Of IN The memorials presented TO the House of Repre-.
sen,aives.
oWhh AND authority OF THE COMMITTEE.
l. 10 inspect, 1. The books; 2. The correspondence:
me accounts, 4 All other papers connected with,
Jrst' the business, secondly, the management of The
mother bank, and Of each branch.
.. 10 send Tor persons and papers.
g. 10 summon witnesses, and to examine them on oath.
4. To visit the mother bank.
8. To visit each branch.
III; Duty AND FINAL ACTION OF THE COMMITTEES.
L.. 10 report the result of their ~; a., - A
z. 10 report the evidence obtained to the House.
ne committee Is not limited as TO time, though in.
suuc'eu 10 report at as early a day as prsc,icabIe n,
respect II differs essentially from the committee which
SAT TWO years ago, and which was not only limited 40 10
une,p n. hela 'oihst time although The committee reported
mdf theyhadn not finished their examination M me nno,ssr
odih: nor eoet commenced il at a single Branch. The
eonhmluee o u 1919 also reported that their investigation
was not finished, but on these occasions The Ra,L III
majority III the House of Representatives AMI ,La ;n.a
ngano's were not only left incomplete, but the repeated
' oiauohs OF The charter, and the abuses and corrup,ions
OF she BANK, escaped the animadversion and nsn,I,y
which were due 10 hem. On the present occasion i, j.. a.,
to The and TO The Bank, that want q, TIME
sh"u'u no longer baik an investigation. whose results .o
connected with the party and pefpetuitv or re,nII;o.nIn
situnons-wih the oppression OF a communitv- Win ,
ponnca, sg, ahon which has convulsed the Union-witb
the nuctuaiion OF Notwithstanding cies pan;cs Alarmed
An investigation whose results, reaching institutions. and
PrihciP'es' anu systems OF policy, must overlook all ron.
sequences TO individuals, high or low It. unC,r,nn,,.In
there should be any such individuals 10 he aGsc,oJ hv ~
developments OF truth. Want OF time should no Ionasr
interfere WIN The pursuit alter truth, which Justice and
r 10y 'Niuiit anu III ~ investigation cam
not be thoroughly completed, as in all probability il can.
NOT oe' before the termination of the present, session Of
congress II VIII be "A case eminently requiring the com.
mi'tee u continue their researches during the recess.
Bills of Exchange on England are now bought by The
Bank OF The United STATES in New Orleans at 3 2 per
cent discount, and sold in this city at 4 per cent. nreu,;,n,
making a profit OF II. per cent. The Bank has il in
us power to cred'e a pressure wherever it pleases; the
distress by It's Management is made TO travel about like
the cholera, and by this operation money is made On, of
tho community. Letters from Charleston state ,bai Tho
pressure q e m also m III fha IL mill, $500. L. Il |
time oil that city to pay tribute.-JE Y. Post.
SPEcIE.-An immense sum in specie has arrived in
this country, within the last tortnight. We understand tba,
the Messrs. Rotischild, the celebrated London bankers
nave written to their agents in this city, expressing a de-
termination 10 send over a It'll larger amount OF gold and
SILVER The pressure in the money market will Therefore
soon be relieved, although many months will elapse be.
Tore business is fully restored, especially as the B,nk oC
NE United States must, from the recent vote in The House
OF representatives, continue to contract its discounts and
prepare 10 wind up tie b-usino-s-BiekneIPs PhiIgdeJnb;o
Reporter. "ep"'a
Rhode Btand-It appears that we have not ONLY
elected our Governor, but have also a majority of FOUR in
me House oil Representatives, and nine out of ten Sena.
tors.-Ihls result secures us a Jackson Senator TO the ne Y, |
Congress. MIR. Knight, one of the present Senators. was
me opposition candidate for Governor. Another glorious
D'hk victory, 10 be celebrated by ground and lofty ~tunbling. |
-PennSyfvdnidn.
MoNTRosE, April -Rumour.- il rnmoreJ hero
upon me authority, we believe, of a passing traveller.
that the Auburn State Prison has been DESTROYED bv fire.
ana that THIRTY SIX, of the unfortunate inmates parish.
ed IN the flames! From the source through which ve
received the information, we have no doubt of its correct.
ness. We know no other Of the particulars, except thai
w he was supposed 10 have been communicate design
edIy, by some OF the prisoners.-Regisfer.
NNASH FOR N~EGROES.-I shall be absent ,uo =,
~ three months from Richmond. During my absence.
hr' VIM II. Goodwin viii attend TO my Jail and The pur-
chase oil slaves Tor me-. Liberal prices will be paid.
Nov. rs. [5S-t1 LEWIS A. COLLIER.
EhJNAH ~ MANA CnDC mI.-