Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1836-04-01
went y-sOsrtfa Cosasrcss--sst s;cSs.
ENPURG.iTIO.f or THE JOGRfiL.
SPEECH OF MR. BENTON, OF Missouri:
iCONCL:uEp

introduced, dr'Tir
ed inc which had the cnrt of
op"rati. with The BaE @" the United states the Iat'IciH AT
t WHICH that institution then making 10 P"auc pans! anil
pressure i" he c'r"'ry" "';'"r tn" c"rnce OF .i rto" ~
President Jhkson-" panyze has "i'ni' g""r!m the
wh"e n with All distrcEmd thchr t" rNurt from
the uacr"< I'D aa"r o. the paoI the Restoration oi the Deo
sizes nn. the renewal OF its charter
In support al this proposition, snd Mr. T., propose
t" read before produce lie direct proofs, the prediction
which hr Jefferson made thirty years ago. aud in which
he described 10 Tie life and !DretDld TO tie letter, tile
Exact conduct OF which The present Bank OK the United
States las just been guilty.
"Ihi, Institution mos, GraAly hostility existing
against the rrincs and the , u Constitutions iii:
t"n - u. tbs tine, aad umcd rs sentiments, '"t
Cannot h" -Iat~a Al his but <ups.t sr u @ro"at
events t" "rruT >"irn' 10 i- l:o ro4h The c".;s""r Of
republican," ""."h I" crisis Ct great danger. 20 un
h"sr "a" r"ndrrc Vi IL" e" IN t" public missionaries an
iH.i:'''"S IAG ' r"saiG by - Ma"'e eyer: iatt o. TIE
acn upset i'c u""rnnra.. I'll IN i"rrnaca SAFE which
under The vassaa=r authorities, nny oIher
IL bar!,e. T., in ,,u. nj vur /, nj.b i.,n f, - ",rr
.oGl! a"c"p,, wi:h'a" ais. OJ..i .,r
ier -r""t' :" institution r"H"tt" ie: That
hostile we hn"" lrt ro Ann"Irsc o the principle "I the
,:sofS Tie directors ever h. principal
branch, AMI those q" Int q the s"ckhoLri. ,c.y .tc ;!r
Opposition 10 'hr aud rririo Of the AMI
to the cIcc.n friendly thirdly
aen'. a" 'l 'es paper" 'hrF s"r0 N"w, wAlr s'"a
h:"s ih'' r"":rIo perfect :5ona:"
footing ooy
Such the prediction! the fuiilncn, took place in
The winter Of lc}-H. and we a bcirld il. That the
Bank oi the nlrd STATES plotted aud machinated the
panic and pressure then produced, is fac: that nubody
doubts at present, and few deny. 1t pho. against
Tie Government and against the property Of the country
II proof necessary 10 establish the fact it cond be
had III thousand ways, few Z! which w HOW briefly
| cnumrfAte.
|. Ii:cc necessity for lhc pressure This is
proved by c fact, that the EinA had made curlail
nivnts brrc the pressure. ana had curtaIrd upwards OF
three millions than she had lost hy the removal Of
I'll" drpositrs The amount Of dcposcS. the first Of
October, 50, -.ij. II which - U, :i rcl,.ncd
nre""'c" at tn. commencement OF the pressure and nm
I'll II was The wjic removal then Was 81 III
To""' anu his loss the Eank had cunr!r;i b.
dcFs SEA; o"t III August knew the rmnvai
was I" b. "'aHr, III" Of : ,'iU Oj; and in OrIcr,
the urnr sn! u -: 'I. making :. -i $50 ans, be-
ING tie G:! !ouiil "l all The IL psr; and 22 ij over;
81 that: - repair lrsS o! about sin millions and three
quarters the Ban; Iia! already car, in about niac mi
! Ions and ihrcr quarters. SO well did the Bank know
uat 1t had no for making further curia,niru
OH account OF In" removal oil the drpusilrS that it did
not Gaze 10 state that talschuod to lis branches,
which knew The tfrl but placed the third curailncnt.
which was ordered III January, and prnLncrd the pres
sure, wholly upon different grounds nis: Upon the
new measures of hostility understood to b. IL
platoon. B", what places This pon; beyond the power
Of gT Itself 10 dtuy. is: That tie wo! collected
from the Pee p" durIns. he pressure. and aho' =: 'U
over. 'nHig IN tie whole - about S.r;jihi,
RENTED {" Enr"p". 10 lie idle in the hands vi .,Ynls
| there ui!il l"ng alter the pr:
= The parrI"idal naue "t the Ba:k attacks upon the
business, the prosperity, the c"nirmcr, and til" com
nlcrcc OF the country proved y the universay III
It's operations and tho system OF lis efforts in all paris
Of the country, at the same time. From Passaia quody
bay TO Attakapas creek from the Dismal Swamp iu Yin
GINA TO Boonsiick in Missouri. every where that the
Bank had power to excite and disturb the Country. thu
scene the Shops and factories shut; wages
reGrccd workru and day labnrci dismissed: leans re-
fused u business men, and granted 10 brokers; the
charges dnui, nj points, and slapped 1T ul hers
public MEETINGS heidi the Pr.s. MT dri1;iucrd ,;,r all
| the mischief which the Bank Itself I".r;rtrarc;
committees sent on 10 petition Congress- llin"rant
tors addressing r people, in The Streets and tavern
| steps even on Sundays, 10 excite and rxaSpr!atc the
people; tle most alarming reports constantly pu in
cu!ntrn The whole cfo%ncd by Tie great distress j:!
lee in the gard at oweH. in The r,rIrls Of Pin.
ladr! phG; by the insulting cpusc of the Select Gem.
nittrr =" the House "i Representatives.; and by the fra
t.rIai reception Of the four eiiurS OF the Fiai:cr
! Committee at the Senate.
| ). TIE attacks upon tie credit and currency Of the
State Banks. the predictions Of their insolvency. r
Efforts In make them clear pE"Gt Of the designs
OF tie Bank of the United States oLankrupl these
| tons. anl 10 produce scene Of general insolvency
tnnmn Dut the Union. This attack was general against
;' whsle SIX hundred Banks in the country, but hottest
heaviest. and Longest continued against the Sal banks,
and -! ecaIly tic safety fund Baks rl y York. The
hra @ir; artillery Of hc United Siacs Ban rrrss was d.
rrclrd against them: and at tic nc IT." Ehnk ,i
lie United States iaudcd, in lis publications., as
the only check 10 the corruption and political prdon-
ui Tie safely fund system aud The Albany rrrrncv
which founded and directed it, The Quarterly Review,
prr"rca published under the eyes u" the Bank and
devoted 10 lis Interests, had publicly ic;.d n, batteries
upon points, and carefully Indicated very pa-atr
I,nl (" The snh:!irim Ia&aiamts. Here extracts
from tia, iu:na which attest l:s assertion and show
| . n ;: .. a..
'' u Ia! "!'''"' "'i '''' ''9" r'' '..c '"": ci"iiC
ter, institutions aid citizens ul new York, which per-
yatrG lie n.DI. ai particularly dSDiI we'd themselves
- a., rL,u,l,r- ,lrru.r lin. ,vL,I" manic I,,.;,u
(FrV" :ic N.rcS "WaLr for lS3l.J
.I H S,ar -, wtir ,nirr Tie rnII ,.,,T -" ,i
their inorrirr ,au,r w~s s,rr"I 90 ,y ,ir.
c"r';"I, winch then pend.
'r o. ' S'a% co. ti|;',i an" %S' in plaza wa ;ur' TO
I,I..I r. ~ H.. :i,n 80, ,io -, =. 10. p
-, :, : " -, . -. -, '!'''. - ~ ''''''','
% =, H. !, ~, 80; n I'D :,.: -'"' '"N' 'e'"