Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1835-06-19
ERED.sY. 1--WE 40, 1875.
POLITICAL.
MIR. BELILaIISss b B
FIR m the Globe

IN the reply which the Speaker has submitted to the
public, to defend himself against the supposon that
Gun airy obligations to the Bank might have Influenced
his political course in relation to that institution he
says:
4" My name will ofen appear upon the books of the
Bank, party TO large amounts of paper discounted
by NJ but in every such Instance, ii will be found upon
examination, that my has been used for the con
nience and accommodation of others only and in gene
raj the paper TINS discounted has consisted of drafts
bills of exchange. drawn in the usual way of business
upon some mercantile honse of undoubtcd credit, with
this exception that in every case in my ccollec-
lon tue drawers written promise to accept first
filed with the Bank, that the paper discounted has
been doubly secured in the first instance 1t in this
way that the amount of my liabilities mot debts
ed In the Gobc,) To the Branch Bank in this place
1882, reported by the Committee of the Senate, came
TO be $4,000 Upon forty odd thousand dollars of
The paper making this amount, endorscr on
~ Thlrty-two thousand dollars of il consisted oc bills
drawn npon single house in New Orleans, whose
ten promise to accept fled with the Bank and the
whole amount of which paid at the maturity oft the
bills The balance was made up Of notes which were
cither paid IN that or the succeeding year My
was endorsed upon this paper under general power
attorney and IT so happened that the bills and for
THIS large amount, upon which endorscr, in that
year, discounted and actually paid without INV be-
ing at all privy to the transactions; did know any
thing OF them until my arrival home since the
sion of Congress. When the first statement in
the Globe in which alusion is made this part of tho
report OF the Committee of the Senate not having tx.
amned the report unable account TO my friends
Tor the appearance OF large amount of liabilities
that year, otherwise than by surprising that il made
up of repeated renewals of much smaller amount of
paper"
The explanation of this transaction and his other no.
cuniary relations with the Bank Mr. Bell prcaces with
the remark, that 'thc Of The Globe making this
statement is intended affect others as ,re as mn
self In,dy be aUOtred TO sag IS INFAMOUS"
We dislike to harsh epitlIcts in our political discus.
sions but feel that there great proprety in not taxi
ing from Mr. Bell phrase, which he should have re-
tanned as peculiarly appropriate to himself We shall
proceed TO prove that Mi Bells of his Bank
transactions is full of infamous prevarication
MIR. Bell in speaking of the inquiry by a committee
in 1a.i,,. -.
view to posiponcment, and, among other Just obser
vatIons in regard 10 the necessity of examining com
mittce, said
Nothng shou'd be taken upOn the representations of
those 1ho hare may be supposed TO hare interest
her az 'nthhodtng any material intOrmatiOn Of gip
foSd '' '''' S4" 'S '''y "''g"' A"''" P'o'''0 a.
MIR. Bell, in this way, urges the proprety of relying
upon the report of committee of Congress- regard TO
Bank transactions instead of taking rep, of
the parties either out of the Bank because
they might be Interested a lpihhOidng 0ng ,natertai in
formation or Of gci'g fuse coOring to such they
might think proper TO g6ord II is upon this principle
OF Mr. Bell, Just in itself and solcmny urged the
floor OF Congress, that reject his interested reprc
sentatIons, and rely upon the report of the Senate
Bank Committee, composed of his friends Messrs TYLER
Webster, Mangum, and Ewing
Speaking OF loans 10 members of Congress- they re.
port that
The Committee hare not frlth to Lc either proper or
called fer TO report the Of those 'rho oJai7ed
conmodati0ns az tie Bank, any Of lis branches Ihey
h90e seen nohng in any Of Me tonnS nny psrso
no,e mcnbtr, ,rhO has heretofore been member to
cal for pu6iicity," DC
Having lhus apoogiscd, they then proceed first to
give the amount ot leans made members OF Congress
in different at the several branches secondly
they give the number OF members without naming them
who have received accommodations at the several
branches We here copy the report precisely stands
in the printed report, as to the NASHVILLE BRAXcm
" Loans made by the Bank Of the Lnied States and of
.iccS 10 aacmberS If Congress.