Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-03-08
ISLE OF WIGHT MEETING

AT meeting of large portion OF The citizens of Ile Of
Wight county, assembled without previous notice a, The
Court House, Oh the 81 day Of March, 1884, being Court
day to take into consideration the subjects of the Depo.
sites of the public money OF the United States aud of the
uonaiy OF the Bank Dr. Robert Butler called the
meeting TO order; and OH his motion, Col Arthur Smith
was called TO the Chair and ills ii. Woodey appointed
Secretary thereto.
The Chairman explained the object of the neet,s
gave brief and Interesting history Bank from, lie
first institution TO the present perioGand demonstrated m
unconstituionaiy its inability TO effect and the OBJ.
Jects OF its establishment, and the total unsoundness of the
grounds which taken to support its utility and exps
dency.
On motion, committee then appointed, consisting
oil the following gentlemen viz. Arci. Atkinson Willis
ii. Woodley, Robert Butler, Josiah Holleman Jacob II
Duck, Parker Wills, James A. Jordan and James c. Jor-
dan. The Chairman was also, by notion added IN tho
committee, who Immediately retired prepared and
sened the following Preamble and Which were
severaiy adopted by large aud overwhelming aorities
viz.
Whereas the late change, from the Bank Of the Uni
ted States TO some OF the State Banks, the place of de-
poste oil the moneys oil The United States, made at the
instance Of the President, through the directions of the
Secretary Of the Treasury has much agitation
discussion and Glamour thfou gout the Union ami has
furnished plausible preence the commercial and mn
MED arsocracy OF the country for raying their strength
in support oil renewal Of the charter of the Uned
States Bank aud in opposition 10 the President Tor his
OIL the act Tor re.char,erng that instu
on;-and whereas it is incumbent every portion Of
the people 10 declare their sentiments on important po
cal subjects when the most loud aud strenuous exeons
are made 10 Impose the voice OF small minority as that
Of the community the constituted authorities of the
counry-we, therefore, portion Of the people of Isle of
Wight county, assembled the Court House, on Court
day, do hereby Resoirc,
"Tbst however we may regret the removal as il has
been called, OF The Depo,iie as nexpeeD and i'll.
vlsed at the time male not because IL dam
geous Snd sarmng assumption Of power-not because il
was an union III the hands Of The power over the
purse aud The swOrdnot because necessarily produced
any arrangement diminnion OF the currency Of the
country, nor because II violated any right OF the United
States Bankbut because il seemed TO have the appear
ance III tie eyes Of some, Of undue severity and vndic
veness, and might incline them TO take sides with an in
suiion dangerous to the liberty Of the people of The
United States, but which they might think prosecuted in
spirit, which tile Constitution aud laws would not us
fy:-NevefIheess, this meeting, believing that in the re-
mova OF the Deposites the President actuated nv
pure AMI correct motives, and that the CONNER cia d.
fes W Any be occssoned by il has been brought about
by political nifgues and the camour gotten in order
by producing paste, 10 favour charter OF The United
States Bank, is decidedly Of opinion that the Deposi,es
ought not to be restored TO the said Bank.
"That the commercial distress which has been 90 Iou
w complained OF, and attributed 10 the removal of the
Deposfes, IS not, In the opinion Of this meeting 10 be
ascribed altogether 10 that but chiefly an nord
nate spirit Of speculation and ogerrdding occssoued bv
the perpetual ampedng Of Congress with The duties on
imports, and the improper system Of banking In our coun
try,a system, which, instead Of limiting Banks to the
contraction OF debts and the issue OF their paper TO some
multiple Of the gold aud silver coin in the vaults in fact
imposes no other restriction than the ble discretion Of
Directors, Of whom often stockholders aud political