Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1837-05-11

''2f''s took place, therefore between his election
| an tue comm nee nent "l ms ADMINISTRATION.
Now SoIu'hrn' the NUN Is that during tins sea.
sioH an" 'nile before inc commencement oi tho
he' aiinIhsh uuon, disposition was manifested by
Poatleai men To interfere win the management oil
the panN' M'lloei' "I congress undertook 10 nom
III tie 81 recommend lnuNluuhs NJ directors III the
''dneh's OF ounces VI ''c p'""' n's were hlna e.
io"2h sometimes ~ "'nr guy "noie lists oil itch
els anu To SEM theh 10 IhiI'uc'Pha' eohtahnt the
hunrs ol those whose appointments won't be satsae=
tory TO "enef'l JACKSON : 'i'cnuS' io,aohs 81 the
'iie'Po"'Vn'V v" ,''sr 7"'J VS. law " F'''s"
cl IN solh' oi me NoIu"hou' tcpo''S anu o'ne' ooee
ii'eIa eoh"cCicu "i 'uc o'nN p"' Pe'a'l' ''ee n''
oet2 3eAeIl'N h't'e' Oh n""'r''
~ hf''' Ul' o'hN mercy oe'''h91 d seheN ~ pos
spif, cohPN"E WIN tu''e anu s',"H' 'eiaes1s
p"' '"e 'Pp"''''"n' pc -" W stp" si'iHse'''s ~
hi'e quarters anu avery ilf el ea'p q Aa,i'a :"
.dft 9'J HlH' ~ N''''h ih'lu''i' u IN Icy -
laialt oi "" II 'lP'hht aHNel lof ehahse III 'he
i's'd ilty o the br'n'n "hivh Wa ''a3hshea III
ta@ Sife IN IN lrl ~ me - l"e o. iae I, 81
o3e oo'1 10 rue r''''''t Oh ''t iaaN 'a' /, 1t
s>fSt5 larry "' tI' treasury strongly Recommending 4
/ 81 'isr, '' ~ MS ct'' 'o INC sr'fsi''a' nl31s'
/ very distinctly " lohneal 'onswef'aoaa' ~ Inc
'i'aaa o' 'hr III 'ih nv v H"i e'he'li II inc sfi
ne o. IN Cover "e1t looN an hrie' laihe ihalieh
n u 'd 'cN'n 'c' ana ''ir 9c'l ''ii{ almsei WIZ
. me BANK suggesting ana l'ctlnheidlhs IL. Inc
nm II '' 'n"'' ''cn' 'o' '"o p'N 10 iihe Us poi
tol. II dI take II ana III nay lhd lmeni, II II IND
ii2i tic e ~ MA act nor o'h "9aia mus Ne ma
the lic q" II nave been monty ceA3utapis lni clam
"oaII ha'' heel }l'Ilr no. cnineP laeoassleh WITH
Eo,ei'nlcn' OF i,"N' ana suo'elsi'e ol the fela
ionnd anon "l rrpn'IcmNm'
\ long ct'c'pou0en,c between 'he secretary o
ll' leaNuil ana the Iitsdeh, ol tue BANK easne.
The directors determined that they wouil not sat5
render either lhcfhGhs ot thcr duties to the con
lla' or supervision OF INC 'N'tnihe government.
lh'y sai ihcy l'd never 'pp"ne directors o ihelf
N hches on p"'UcM grounds ana 'hey "oui1 not
lffN a 4lAt
politics. They hid sought io' men OF business e7p1.
CITY, hdelu' and experience III tilr mana cement ol
pecnnhny concerns. Ihey owed duties, thef sail,
10 the government, winch they meant 10 perform,
faithfully and nnpattmIlN under all administrators
and Trey owed duties & the stockholders OF the bank
winch required thcm to disregard political coh'ldfta-
tons II then appointments.
his correspondence ran along INTO the Tall ei the
Nrar, aud finally tcunlnncd IN stern and unanimous
declaration, made by the directions, and transmitted
10 thn Secretary of the Treasury that the fahk
would continue Ia be mlepcndcn'lN administered aud
TINT ih' rcc'ois, ohcctor an feln,ed 10 summit 10
the supervision OF the Executive anIlollly IN any ol
lis branches, "a the appointment at Local directors
N agents. rms rG-olutiou decided Tie character
Of The failure. Hostility toward the INK. thenee Of
"arl became the settled pory OF lhr gotehn nj,
anl the me ,4aIc Of December, l'22, WI tn 1eaf
announcement oi that policy II ihf haaN# hi a.
pom'r tho'c d'r'ctor-, thus recommended ~ lafm=
baf5 ui Congress, 1t ld submitted al ils appoint
M 'nis II lhr supervision OF the Treasury; II II Ind
= enNtdth' Wr'ldrntoi the Ne" ! "hPshdf 3EHeiii
tH hui II all thug" showed 'l''d a complying, Io=
iic1l pHiF IA 'cHh', instead 81 IA independent IA
slitunoat- It hW done TINS. | leave al hfa IL
ni5e "h ether such an entire change 81 olaaiah, a.
II rs conettuuoullitN, II, uuliN aud us eaol ELECTS
Ipl tlr curr'lry, would have n1gfsael b. sefp
VI uah lnl December.
From the moment m winch IA Lam asserted IA
lpl sfr1drucr Of the Treasury control and IL tla.
t1lpa above mere parry puIpose', down To the cal
& .l,.,. . Il