Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-01-09
POLITICAL.
, From tho Washington GLOBE ]

""eto, Oy the evidence before them, to be UNI
In our last number showed what the Bank has not
uohe III lis Manlesto-ihat il has shown what dspo-
oh was made OF the % 900 dollars paid upon Mr.. Bid
uie orders without vouchers-hat il has not show why
made false report Of its printing expenses to the Se
e III ioSz-and that II has not shown why il is now ex-
e'ng It's great power to produce enbarrass
mem , ana inhict suffering upon the country.
we now proceed TO show wha, IL has DONE II com.
menees with shocking Misrepresentation which sere.
speet prevents our sgmatziDg by its proper
i'und IN the following extract from pages and T. viz
I'll was in the midst OF this career of inoensve useful
nes when soon after the accession TO power of the pre-.
executive the purpose distinctly revealed that
oher duties than those TO the country were reauredand
was necessary Tor the Bank in administering its sf.
iars 10 consult the political views those who had now
oo'ained the ascendeDcy in the Executive Its under.
s,ood that soon alter that event meeting was held in
washington OF the principal Chiefs to consider the means
perpeuating their authority and the poss sson of
the BANK was among the most prominent objects OF the
parties assemblies. The first open manifestation OF this
purpose was IN June, 1922 when concerted effort was
made by the Executive officers i'm the election
OF The Board oil Directors at Portsmouth, At the head of
ths attempt was Mr. Levi Woodbury., now ember of
the present Cabinet Washington who did not beste
10 ow III letter to the Secretary the Treasury which,
,npugn marked .eonhdenai was subsequently, ordered
10 be published by the Committee OF in 1892
that he wished the Interference Of the Government 10
remove the President Of the Branch at Portsmouth, Of
"IHe new President, jeremiah Mason is particular
friend Of Nh Webster, and Ais political character is
douoHess ceil kno,cn TO you-and he requests the Sec
rotary OF the Treasury "fo communicate ,cifh some ofe
DIRECTORS V the Mother Bank in favor of such
change"
"This letter of Mr.. woodb ury was transmitted TO the
BANK by the Secretary Of the Treasury who stated that
IRON some expressions in his letter, may be inferred
that it is partly founded supposed application of the
influence OF the Bank, with view TO political eHecr'-in
consequence OF which he decmedm his duty prese
the Bank cith the rers Of the administration rela.
non 10 IT. AZ The same lime, Mr.. Isaac H acting as
he Comptroller oil the Treasury until rejected by The
Senate, and now Senator Of The u. States, sent me-
moral from The members OF his political party in the
Legislature OF the New Hampshire sting the removal
mi cal prese MED IN
The Bank he gave il as his opinon that me short
oil MIR. Masons removal would tend "to reconcile the
people OF Veto Hompshire to the Bank" and that the
friends OF General Jackson, in New Hampshire have had
OUT 100 much reason TO complain OF the management of
tve Dranch al Porisnou'h. Finally, the Secretary
war ordered the transfer Of the pension fund from the
Branch Bank at Portsmouth another Bank i'm Concord
an act so obviously in violation OF the laws that il was
hrst resisted by the Bank aud then reacd by the Sc
cretary
alt became then nantes, the Bank that there was
cooned effort 10 render the institution subservient
Pohucai purposes and that il necessary come
some Immediate and distinct understanding Of its rights
and duties" = %
The audaci,y which could give form 10 such charges
upon The evidence adduced be fully only
by those who have read the whole correspondence IRON
which they have been extracted.
L. In the first place the charge that soon after
Jacksons accession TO the Presidency, meeting was
hedn Arlington of the principal chiefs. consider the
means OF perpetuatng their authority and the DOS
session OF the Bank among the most promne Mt OBJ
Jects OF the parties assembled, is entire fabrication
worthy of the source whence il comes.
z There Is absurdity upon the face of the speciic
charge which follows IL is stated that the arious
jec, was first manifested sin June, 1929 when concerted
election of the Board Of Directors at AT the
head OF which "was MIR. Levi Woodbury." who was no,
Then an Executive officer but member Of the Senate
siding in that city.
The irst letter in the correspondence hich the
Bank quotes, being from S. d. Ingsm, Esq, then Score
ay oil the Treasury, contains ;he following explicit deca
ration, viz:
"Allow therefore, to YOU that those cbarp.
Gu WIZ, .ne an,''sualon oil The Government relying Tor
Jusy appreciate me character OF feir acts diseiam oil
desire TO derive political aid through The opeyafious of
o. me Bank And though, under other circumstances
tan hose winch exist al present. such avowa would be
unnecessary, find myself called upon explicitly TO sa.e
that they tcoud learn ,cih not less regret than that
uhich has prompted This communication that anu sun.
posed political relationship, EITHER FAvoRApIE OR
ADVERSE TowAR THEM, had operated with the Bank
or any OF its branches either in granting withholding
peeudry facilities, which, apart from that ration
would have been differently dispensed"
This was the very hrs. letter received by the Bank
that CORE pondence.
a. Mr. Bdde, in his replies so far from The
suggestions made to him indication that The Execu
tive desired 10 convert The Bank into party engine for its
benefit, spoke OF the declaration of the Secretary
above quoted, as very satisfactory dssuTanee de.
careG that "Mese clear and sound principles The
tchole elements Of the system of me Bank and lis f,,,e
relation to the Government" said il appears from Mr.
Woodburys own statement, that, FAR IRON employing
the influence oil the Bank with view political effect
Mr. Hdsons oun political friends, that, in uuh If
there be any politics in the matter IL is question be
f0een mr. Mason ana politicians of his persua-
sio and finally declared there sis oGpiousiy NO POLL
TIcAL yelling CONNECTED WITH IT."
Yet, the same honest gentleman now charges tbst the
whole movement political.
4. MIR. Biddle slept the from the 18th July
1929, TO tile 10Th September, when he seems TO have
awakened with conceptions altogether new, and came out
with long letter to the Secretary, by which he
30 have discovered in his dreams, that the case Of MIR
Mason altogether political, and that the yireiu mn,
rty OF The Bank was violated by any suggestion 10
abuses from the Head Of the Treasury Department This
brought forth acPiy from the Secretary OF the Treasury,
in which he made The following declaration, Wis
4" In yielding to this impulse OF high and solemn oblga
lion, and in conveying 10 you NY opinions the righiu
relations and forms Of intercourse between the national All.
tbor'ies and the bank, must PREMISE notwithstanding
the peculiar incredibly Show similar assurances that
wish is, has BEEN ie by me- 10 convert or al.
tacb the influence OF the bank any political party; but
on the contrary, speaking with "unreseryed freedom "
although in the joint discharge Of public functions comfy
and co operation cannot he too much cultivated in the
arena OF party coDfici, which you almost tempt be-
heve odebe, The hostility OF the bank, as political
sngine, would he preferred 10 / amiiy."
In another passage the Secretary temsrks:--
"The Secretary Of the Treasury disclsiins either The
tight ihe duty TO uiefmtddle individually behalf
OF the sdminsifsoD with the poll icaI opinions polii
cal coEduc OF aDy American citizen Whatever that right
and that duty he equally denies 10 the ank. Such Opt
Mons aud such conduct beyond and above the sphere
official scrutiny control, aud should be Zealousy pro-
iected from iBvason eth by those ho have the power
Of place, or the more subtle potency OF the purse"
In another passsge, lie lLus spesks:--
"That the iuyitaiicn their ''seious attention. howcv
er, should from The Secretary Of the Treasury
indirectly bear the sanction Of the administration
10 have awakened tie jealousy and piie of le
board Of directors The incumbent Of this department Ina,
n especial charge the financial concerns Of The county