Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1834-03-13
PITTSBURGH REPORT

QcloSdtiOH W w dSHillSt wi, HUH GlttSburu ~, ,
to their constituents.
Our reception was courteous. Aferh
common place remarks, the President me- nre uSua
ed to notice the existing complaints of p.oceed
ry distress" The bank had, without ab peCuha
sity, cut off the usual facilities in the we:t neceS
fusing to buy bills of exchange excent Dy re
eastern cites-there was no necessjtv Gor "a th
the bank had ample means to relieve fha uiiS~
nity-ten millions of specie; when Mr., Rf GJVilflu
knowledged before Congress that siy ' u'i, &c
were enough. The bank had begun to unions Gia
the whole country by calling in. too so olSueSS
protect the State banks, directed the dIoon-to
to be removed to them-if the deposes b poSlleS
been removed, the State banks would b. "aq not
crushed before this time" ""'eO een
The President said" the Bank wac o.r.
in too fast Look at the reduction she bos edllng
in the west without any necessity-rabhn,.Ip mace
buy bills Of exchange on New Orleans ' SS, 10
ample means to relieve you-ten millions ~, ne has
cie-when Mr.. Biddle acknowledge tb vi Spe'
millions were enough" The chairman y'as SIX
ing on to explain why, at Pittsburgh tho az 90
tons OF the Bank were so great and WIN V q
time, the community met those reductio93s, o !,
said that the reason why there was no pras, IL 1t
Of distres, before Mr. Wilkins left home , ,o cry
.
in the stock Of a new Bank, the pri6rin r%pla+
of which had been taken in PhladeInPPjao' part
the increased capital Of the Bank of Pitr,S,a 3c
Mr.. wilkins here interrupted, SAVING 'S' "o 20
men, you have taken wrong view Of tS s,l's
ject-you impute your distress to the Wv, ". Suo'
cause-you blame the administration ns, "lyng
the Bank The Bank began to call in hafH 1"u VI
removal ofthe deposites. He was going on ent, u'
ing, when the chairman stopped himsaving ~
Wilkins, | am not capable Of maxine . W..
speech in reply to what you may saw and bs.
to be permitted to reply to what may be said
you get along, in conversational wav IT,,
value Of the Presidents time will not permit,ars
speeches-we have not much to say, and 5o-
that we may not be interrupted WMIe s.r:
ing this, the President said-"Mr Wiki
right-Mr. Wilkins is right-he takes roi.
view Of the subject"
Mr.. Denny here remarked that the Pan
very properly began to call in, when il learn,
that a private agent had been sent to sound bs
State Banks. A private agent-a privss
agent" said the President, " it is not true sr
that private agent was sent to the State Ban:l
whatever did was done openly-nO conces
ment, sir-the agent was a public AGENT
Public, or private agent" said Mr.. Denny OK
me, and others, he has been considered aprvss
agent. No public notice was given of his an
pointment-the Bank was not apprized ofhof.
ciaIly-the Bank believed the deposites won.
be removed-she was right-right to prepare
for the event." Mr.. Denny made some remah
concerning the condition of the Bank of ID:
United States and State Banks, the particull,
ofwhich We cannot recollect.
The President said. in reply, looking at Mr.
Denny, no man in the country knows better
than myself the state Of all the banks and a.
their operations-l receive monthly Statements
from all the Banks, and know every thing co.,
corning them-I cannot be mistaken; yNCsll |
know all these things as well as do. It IT, |
possible that you, at''-after momentSpa@
he was proceeding to speak of the enomts
the bank, and his determination never tor
charter her; when the chairman nteruDy.
him so far as to say that the question OfrecEa +
ter was not now the subject-this was a su!j.s /
that had been discussed by Others; we Gu. Il
scarcely agree upon tit would be unprohE |
BILE to take up his time with it-that the eri
now felt were not Immediately produced bg.3
refusal to re-charter.
"But gentlemen" resumed the PreSdl
show am to know the true state fpubicopr
ion with you? You tell me of great distress
and hear of large memorials on one sde-@
the other side, have received an acCOuMG- L
very large meeting, approving OF the remn-
of the depostes! How am | to judge" "Fa
nit me-" said the chairman, there TO eXpaA"
you how Congress and yourself are imposed U,
on by Representations memorial syn
by about $50 persons purportng 10 " u
zens of Pittsburgh, has lately been SEM naH
that list has been carefully examined Dy
since our arrival and compared win tE %
list of the city Of Pittsburgh and alter d...,
the names Of all the persons whom we Hao'
be citizens ofthe county, tho not OF the cry
find upwards of 200 names which aTeN "
on the tax lists, or at all known TO us-ue!-s
be either names ofstrangers, or persons ua.I
age or fictitious" The President then t,.
g Is not John M. Snowden respectaOs w..
does Mr. Snowden lie." 1t was answer. ~.
" Mr.. Snowden is a respectable man-U| n,r.
he held an Office and was interested ID
paper having the Post Office patronage, 5os.
Phe President resumed-"yOur place wv, wv.
large business with New Oreans-N9 r~
the Branch buy drafts on Ne" VI " ' ,ro,t al
buys drafts on the east, and not on le "rsssr
by this means makes the pressure Bs,o.ir
The Chairman, by interruptlhg tne ot Pr
was enabled to say that the brdHC" ,rbsr@
burh does buy drafts on New Orleans, "JIwr
money is not withdrawn. Il kno" ~ 1sDr
ites.-she knows how to operate-somte .r Grr
it." resumed the President "She h@ s s.
be refused; some will be accolhi - fsor, Hem
what has been done lately nave u Inv HL
Horn--Henry Horn can't Iie-- ,he Bankrs
can't lie! with great emphasis l-n W. dsasa
lending nothing---the whole coun iu:,,, yes ST
yet she lends John A. Brown n lnIiUbi ap e