Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-08-19
POglHTKCAL.
REVIEW OF THE BANK WAR


was 50l.53i dollars. @"e"uy s"'"n'
dollars. ~ "e'e fi'o'@'oo'
The expenses OF the Bsnk for mining and s,.,,o,,
~ during the last half year. were $50 doI.rs c:rr
y incurred in printing and circulating ARTICLES avorsbis "a
tie Bank. ~ " So'e "
The ned s ates Telegraph had become silep, in 70.
laion TO the Bank of The United States
ne Givbe however, took up The subject with spi,it
"a 'ne On OF January commence review Of an ar
uc'e which had sppesred in the National Gazre aack
my the Presidents Message on that point bieh :, "a
unned Ia several successive numbers
Va me i9,h nie published, from the Philadelphia Mer.
curry an article containing The resolution of the Senate
anu house oil Representatives o. Frnnsyiv sna in ISL
against The cons'iiuiionsiiy OF Bank CT the United
o"' ,he resolution OF The General Assembly of vire.
MA 20 'he same effect adopted about The time; and
The remarks of Vice. Pr George Clinton non .vin
.ue essg vote against the Bill the charter Of
the old Bank 1850 "
In concluding its remarks upon the Pank ON the 9th
the Globe sald: ~ "'
may, we believe that /, is itself the source and the
oen"e o. moral pollution and political Corruption which
WI" oVeru row This Government il il be no, itself over
hr'~n; worse enemy than Carthage, IL slaU not be
our iauit II do not share late as sisnal''
Inc National lneliigenccr OF the ls of this month re
publ>hed resolution OF the Legislature of Msss,insi
pased en- the 81 OF December ''tat the President and
Directors OF the Bank of the IT, States Le and Ibev 49,
hereby r,quesed iocste Branch of said Rant rhio
the limits OF this S;a,e.' ~
On the 9Th, the In,egencer announced with "grea,
pressure Tie election OF Josiah S. Johnston Of Louisan,
10 me senate Tor six years from the 81 March 1881
on 'he lSh OF this month"; the New York Counter and
commenting on Tie offer the loa,
eight or ten millions OF dollars TO The State OF Pennsylya
MA. made the following remarks, viz.
But changed indeed must the democracy Of the State
oil Pennsylvsn be, fallen from the high clai actor ch
once 50 desevedy possessed 1T ay inducement fmmch
less such one) that the Bank can hold out couA Ire
mem TO support an Institution whose charter the best in
'eiess The Union, require, should cease by its own H.
ihiiatou." > 80 Wv" :"
The extension of the business of the Bank this month
was oSfl9l dollars, making SSH 726 in iour months
re6TudTy The looms. SC. were SIS SEQ 252
ms =" as an evenIiui month.
om me I'd the National intelligeucer commenting ON
ne Bank statement OF the l.; January showing baI,ncs
oil lOSOS,OlT dollars OF specie on hani and a., ;,c,
months, Remarked 'e ~
"ndeed great il the confidence AT oresen, IN ,h .
per currency, that specie has come drug The RnL
ne United States al least is certainly verburthened
On the 2l Mr. Benton made his firs, oro,, s,o... T.;
me senate against the renewal Of the Banks charter
ms speech contains narrative OF circumstances which
disclose me origin aud progress Of The Bank war They
are follows: viz 10y
HE said 1t had been his fortune or chance soma tlr,e
years ago to submit resolution relation To the n,rao
balances oil public money in the hands OF the Bank aud
10 accompany it with poor remarks Of un(ayorah
npca ion to the uture exiSiance Of that inst ,uton A.
IrFso'uoh s'ld hr H., was referred TO The Committee on
nance "io maize report decidedly adverse 10 all NV
views, and eminenily favorable 10 the Bank bo,b az
present ana inre insu ion. This report came in on the
l5h OF May, inst fourteen days before the copc.o %
d six months session, when all WAS hur,v and 49,
clp|son 10 terminate The business on hand and S,bsn
mere was not the least chance to engage the ac,,on
ut
ne port was, therefore, laid the table
our was printed by Order OF The Senate that in extra
anu widely dfu'ed the country by me n,
o' 'ne newspaper press AT lie commencement of fbe
neN Session. being irregular call Tor the
oil e past report was under te necessity 10 begin
end accordingly submitted my resolution eero,d ,;'
" a quite early ia The session. say tho Isl of Jsnu
sty. IL was my wish and equesi, that this resolution
should be discussed in the Senate but The sentiment Of The
"eJpliy was dilleren; and second reference of il was
made TO the Finance Committee second rsno,t ~ IL
same pufpof with the first, matter of course bt b,
uu hot seem 10 me TO be mater of course was h,t
seeoi report should not come in until the ooh d,v #
februaly Just fourteen days gain before the end n H.
session; tor II WINS ib, the short session AMI Tho s..
as much pincfed before for time TO Gnis, az h
Oh hhnl No answer could be made IT, but The reno,
was printed WIKI The iorner r. port Appended 10 -, 80
hus united like ihe Siamese twins and with lie snnsen,
but not real, slnciou OF the Senate t,ev went 5na m
ge'her to make tie tour OF the Union in the columns of
The newspaper Press. Thus second lime nor, s,i,
ed Tor want OF replication, when here va. no time 10 6
one mad Intended TO begin de moro and far e dill
Une al The opening OF The eHsrng session but bsnn
was ancipd ed and prevented hy the annual ,ncss,d -
ne nc" president, General Jdckson) which bro,qh,
ihe question oil renewing he Rank charter directlv he
lore Congress reference 0i This pat of the MESSAGE
was made, OF course, 10 The Finance Committee ,pd H.
oo'te'o % course "gin reported, aud with increased
"aoF Va i4Vor OF the BsBk Unhapply this rd repo,t
which was only he ampcsion and of he ,o
iorIner I'D not coiue ia until te session W for
vanced aud when tile time OF The Senate had hcco, S
crossed and ITS attention absorbed ny the numerous and
Import mi subjects which had accumulated on the caIet
oar Iraiing, IN extra numbers general circuIatio,
''""EH '"e newspaper pfess aDn
as f'ge oi t'4 biid reference 10 he Finance Commit
tee thus was nousUiisd Tor the tlird fine III.
o"h session has $40" come round; the same subject ia
again before ihe same committee the reference nj h
part Of The Presidents second annual meas,ge I'LL,
la'es 10 The Bank; aud doubtless ourth rapoft Of the
same import with the three preceding may he exncc,sJ
bui tnhtH IS the question? nd cannot snsyer fa,
question, end he session. two.thirds .dvaoceJ and
as nave 40 disposition 10 he oil ior the fourth fine
have thought proper 10 az occasion for u,sn 60
ueNer NY own sentiments by asking leave 10 introloee
Jo resolution adVefse 10 ihe Of att tho repori.
sDd 10 eYe my reasons sgsns them, &c.
Three reports Of committees Of the Senate s,,J o
Rom committee Of The House Of Representayes have
been mtde 10 iayor Of the wall aud all these rnor,
instead oi being - away Tor future sensteaJ Of being
suck in pigeou-hcts and labelled Tor lufe st,ap3o
things coming forth pfemanreiy and NOS wanted fo,
seat sei'ce-ave, on the contrary, been 0nversay re-
ceived by The Bank and us ends IN csc great NJ
greeted with every species Of acclamaion-te
Pnnied 30 mosi ot tho papers, end every fort ,,do -
give tic widest diffusion and ,le highest ellett r. dc
f"inehis they contain Iu addition to this and AZ ill.,
sem So SON within lew days pas, 30t0 coprs Of
exposition OF le ailaifs OF I've Bank have been printed
order OF the Two Iouscs. thing never be fore sons All
10" 10 ended 10 blszon Tie merits OF the Bank"
bis expedition by Mr.. Benton shows how complstel
'ne discussion OF The Bank gGCs'on had hsroofofe been
almost entirely OF one side. aud how the Bank lad
managed 10 cary u on through Committees Of Congress
eu m great degree at The public Ell ense. But IL was
not hen very generally known, that tie Bank was pd
Fa'.y eNPcndug rs corporate funds very prouslv in
multiplying theae documents, and giving cifcua,icn IN
other articles NJ ike import. When IA il coneil, m -
lew and short had been tie afiaeks Oh the teorua
bak Charter II tlis time, and how tlabofate had
replies, circulated at The public expense how inopp,os
ave does ho plea Of The Bans appear that il vas obliged TO
defence
About this time. The New Yoek American contained -,
Address 10 The Dcnl5trs o e STATE legislature q he
Onntd Siotes," which sent 10 The members Of nos
e n sss.,on be Boston Gazette announced. that zach