Litchfield enquirer., 1836-03-10

terests and passions of the members, and the stirring debates in the Senate and the House,
 you vii! have some idea of the multiplicity of objects of thought and business which are
 concentrated in the precincts Ofthe Capitol. l U. s. Bank.-A meeting Ofthe stOckhOld- CTS of this newly chartered institution was re-
 gently held in Philadelphia, and among OIh-
 CT things resolutions were passed approving 1 in high terms of the conduct and management
 of ifs President and directors. Mr. Riddle
 addressed the meeting at length respecting ] inc management Ofthe concerns, SIc. and clos ed his remarks in the following paragraphs :- Allow me to add very few words on an mngrate(ul t"pic-myselE-and if it should o-erstep the narrow limits natural tU such a subject. you must pardon the error into which you have yourselves tempted me, since the approval of such friends migh. well raise the hUmblest in his own esteem. It is the first time and shall be the last.
 It is now nearly sixteen years since l first entered your service. It is more than ,hir- teen years since a general meeting of stock holders from various parts of the Union iDVi ted me to the station now occupy. I as. stunned it with a deep conviction that more develOpement of its powers and more ex- l tended usefulness might be given |" our noble Institution. It was then conceded, and SD represented by the Bank to Congress, that owing to an organic defect in its f"rmatlOD- chiefly to the universal receivabity of its nOtes-the Bank could not accomplish the object Ofits creation, the diffusion Ofa sound currency and the regulation "fthe exchanges. Believing the difficulties not insuperabie. and feeling that every citizen however humble should strive to benefit his country, my am bitiOn was to establish for this nation better system of currency and of exchanges than ex- isted in any other nation. Atter years of gradual and anxious experiment., the rfsort succeeded, for now that the subject has be- come historical. I may be permitted to say that under the administration of the Bank of the United States, the currency and the ex- changes-the basis of all commercial prosper ity-Ohtained a perfection not exceeded Il equalled elsewhere. In my deliberate jndg' :nent there exists in no country so extensive as the United States, any currency which for the sOundness of it. the general confidence !n it-its universal and equal value-is compar- able to that furnished by the Bank ot the United States. and that in Ro other country are the internal exchanges effected more safe ly, easily, and cheaply, than they were by the Bank uf the United States. While the com munity felt these benefits, the State InstItu- tians always found tn it nut an ungener"us rivalry. but firm and constant support. some- times checking the rash. often warning the m- discreet but to all liberal, sincere and in dulgent friend. Nor did these efforts require any sacrifice ofits interests. On the contrary, its prosperity grew with its usefulness. Its l circulation arose frum four and half millions G.~ vrhn l tions from less than two millions to twenty three millious-and its profits were actually { doubled by the enlargement of its commer- cial sphere.
 | Having seen this, my ambition was satis- l fed. thought hac done my duty to my l country, and l was about tO ask leave tO re- l tire from your service, when an unhappy con l trOversy arose between the Bank and one ot
 its partners, the Government, and felt bound
 to stand by the Institution while it's interest seemed in jeopardy. 1t was an orig ginal mis- fortune in the structure of the Bank, that it
 was in any way connected with persons in office. The instincts of all political power
 make that association dangerous-usrfu to
 neither party, injurious to both. Accord iogly ! saw. OF thought saw, in our official
 associate, design tO subject to personal and political influences, the movements of the
 
 ed, might destroy the Bank, hut if successful,
 would make 1t not worth preserving and that it was better for the Bank and far better for the free institutions Uf the country, that . the Bank should perish in that struggle. raih- CT than proiOOg its existence by surviving its
 independence. My effort then was. at all D tunes, and a: aMhaZards, to maintain the rights " o'the institution. respectfully, fearlrssly. lm- iy' y'eioing n"th'ng tO the madness of pOpu. II lar deiusiOn, compromising nothing with off. h cial power. How tha, strife was conducted ). you all know-h"w it has ended, is proved by 6 the events Nf this day. which render the Bank
 safer. stronger and more prosperous than i, 'r eveF was Ofthat unfortunate associate I de. C sire to speak with all genllcness and forbear 'f ance, nor will mar the pleasures of this meet D ing by any recurrence [" the past. He wil 0 soon leave us. He shall carry away not only C a just but a gentrOus portion of our earnings
 hut then he will depart in peace-fUrgiven ane - forgotten.
 B1o,cn up Storcs.-The first suit on account of stores blown np to arrest the fire of De cember was decided yesterday in the Court of Common Pleas. hpfnre struck jury. ir favor of the plaintiffs, R. L. & D. W. Lord . damage to the former. (for goods and lease. j 5 Sl56.274 80; to the latter, as owner of the
 building. S7,l 50. As one decision will de termine the principle for all, it is probable the case will be carried through all the courts. There is an express statute of New York,
 providing that in all cases of property blown
 up or destroyed, by direction of the Mayor
 and two Aldermen, OF three Aldermen. for
 the purpose of arresting fires. damages shall