Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1837-05-16


In March 1929 Gen Jackson inaugura,ed. lie came
in on proessons oil Reform lie announced reform Of a.
h - h ,hs ,o,, nd LEADING ohieo, of his G,nre admin
s,raon and il his inaugural address he pointed Out The
main subjects of the reform Bat the bank was no, one of
them ii was no, said the bank was IL
was no, said that il unnecessary useless
said that had failed to do all that had been hoped
ted from II, in regard to the currency.
In March, 1929, then he bank stood we'll very we'll
with the administration u regarded. far
pears entirely constitutional free from political party
iant and highly useful u had yet, found place in
the catalogue Of abuses to be reformed.
But Gentlemen nine months wrought wonderful change
New lights broke forth before these months rolled awnv
and the President in his message to Congress In Dec 1929
held different language and m1niesed very different
purposes .
Although the BANK had hen hve or fr years Of i' charter
unexpred he yet called the attention congress very point
eddy, 10 the subject and declared -
list. That the conshuiohahy OF OF the DARN was wen
doubted by many ,,,,,
2nd. That its utility erpedency was also well douhted
3rd Tint all must adm nai :. nau Iaed an undertaking
70 esao ,s or SCUM n IT,, m ~ , snu
4,h nst .nc 'Iue "a,N ~, VIC use " 'e
OF t'e " s'''es' "" w.. s'h , 1' 80 o'""
on INC revenues ano cIs.i' o. Wv uo'e,"m ~ e''
hess pfnposnohs appei'eo 10 me- at the ,ine Az vo'!
n, m ,t a.m. "a orod;, 81 ~ C ,ass.. - " s
ounueu w. IA a., ;,sod hv a.. E.on,;s. . , n.'
mahaeen ana som"s'e' W t"o VIZ rc"nceP
non whch mao soPPoseo no an; no'u'ng '"e Sne' bio
NJ NV. a,; 49,. - -. s.d ,.,a,ar, ~ 80,
chance Of 70, Inv and of nnroose in regard ~, The ha,t D.,
Wh.s 100, Id occuy,ed between March nj D.ccn,.,
,, hnd have caused tho bank 40 40 use
u so peaceful and safe institution the first of these
months start Up the character Of monster and bo
Gentlemen, lot what the were, VIII oh had
interviewed?
Gen Jackson was elected in December 1879 His term
tn begin in March 1929 session Of Congress took
place therefore, between his election and the
me mt Of his administration
Nov Ce,,,emen the truth is that during this .es.;o,
and little before the commencement OF the nav admins
,,,on dsoo.,on w,s Inv noI;t,e,I ,er 10 in
er,c i,L he u,na,emen, If tho b,nt Members NJ con,
c,ess undertook To nominate or recommend a.
D,ec,o,s in The branches or Of The hank They were
hind cnnugb sometime 10 make Out whole lists o ctc,
and 10 send them 10 Phadepha containing the names al
those whose Appointments would be satisfactory to General
yacl son, friends Portions Of the correspondence on these
subecs have been published in some of the voumnoos re
norris and other documents connected with the bank but
hans have moi becn generally needed or noticed Al first
~. h,nk merely declined as gently as possible copyiny
viii bcse nd similar rooursts But like applications BEG
TO show themselves from ma ny quarters and very marked
Geo ,o.e as o,,Iy as June I8a9 Certain members OF the
e,s,tu,e oC New Iampshire appicd for change in tho
pedcncy 1r,he Ranch which was established in that
m.nhe; If the senate Of the United Sates w,o,e roth
IN c p,esd.nt Of The hank and the Secretary Treas.
ry stronoly recommending change aud his letter 10
he seoret.fv limiting very distinctly political consider.
,,on. as he ground Of the Government Other
The e,yce ~ tho took interest in the
70, and urced change and the Secretary himself
,o he h,nF ,ugres,ins and recon mendng H. The
had come ,hon fr TIE b1nk take it's position. Il did