Cheraw gazette. [volume] (Cheraw, S.C.) 1835-1838, 1837-08-16

kurv under President Jackson said III had
been allihe goyernmenf could desire. Il
| had collected and disburseal lfor the govern
nsnf 8 400 0a00 0.O00s without expebse, and
WITHOUT the loss OF cent, 1t then Became
eEthe object Of the administrations tosconnect
the aoaeyed Poper with the, patronage Of the
gopernGaent- (which might establish a pelit;
iica57. po,ce1s and. political successior, too
strong for Ne BAL ot.bor. The Bank had
Inesef mingled its concerns with. the p6.itirs
Eof the country:its Stockholders and DRcc-
Itors were. composed Of fboth parties.
I In June, 1929, tie Sec, of the Treasury,
atfbe instance of Isaac Hill, demanded of
| The president of Aae Bank she removal of
lihe President of New Hampshire Branch
I;who had unfortuneately made himself obs
Epoxious 10 the. central power, aud the. sub.
stiu;iod of u friend oEthe admiaist stratiop Id
Ehis,ssead. This, audaci6us effort % stifle
public opinion, by obtaining lhe moneyed
powers with tne immense patronag esof The
Executive, was instantly rebuEed by Stfie
patriotic Biddl who, much as Be ldved the
Bank. loved his country more. IS - -
+ sUhlilthis period, ihere was aosyfpptclD
shown of The President $: displeuslre. The
Bank had been entirely olsen fious
I.poliiics, was deeply involyed m btisj1es re-
llstions aud was almost paiversally popular;
but by a. firm adherence 10 correct prlocl.
|pIes,.fhe Bank incurred the wralh Of The
President. He was from that hour resolved
upon her destruction: by steatfhy steps he
finally reached the accon,plis islinept of bis
purpose. 81 q Z: 8. -
B 10 his message OF Lee, 4 S229, The FIRST
ATTACK. k.wass caGtIou made By tile sliRgess
tidn Of doub's as e. the expedielicy pf tle
declaration, that i had 6giled 70 The great
end ofesablishing gfsst t0ra deds dsso,,nd cur
srencg. He then submitted 80 Congress-.
whether q Treasury Bank might not sbe.
subssihaeds without intinatilg the Benton
Ehufnbug notion Of a hafd currency This
item of the .il,essaga was referred in the
house totne committee Of. Ways q Means.
{M' 'Dufe, chairman andiR the Senate.
10 the Finapce conmttee, Gen. Smith,
Chairman. Bosh oi1hese genilemen were
.dsmocrats,s ardent supporters of the, adj.
Eministration. So were q large maj joritysin
Congress. Their reports sustained hy
both houses, sshow hat neither the tsrrers'
nor blandisbmef,ts Of power could .seduce
them from {he per6or,nanae of their dutysto
the country; ,Ehey repudiated in the most
decided terms the absurd and dange erous
schemes Of the Execu.iye, prone eunced the
sco6stitutionaliiy Of the Bank1o be a spostn.
late no lancer opento controversy; and that
mo country ia ihe world had a circulating
med;Snn 81 more uni foinnify than the Bhited
ISiatess s:sssS s
InIe Ie322'32 an indic,ment against tae same
,Insiitution originating with q Government
,Disectof, was bro1g hefore The house
Ii was feferssd To . select committee; CON.
posed Of majority Of the friends of the ads
,nlinlstratipi. we all remember fhe excite
fnent produced By sshe. investigation, and
ririiuinphal acduhtal of The Bank by the pas,
;sagepf an act renewing the charter BY q
.maiiority ef 22sin, the. house, and iils the
lSenaier the Pennsylvania delegation, with
ono exception, voting for it. The Presi.;
dent was not to be shaken from his purpose,
sbyth of the People, bur, with the.
proud boast g take Tie zesposi5iiiz,y, lie rest
lad the 5iz. - =
e With. such checks,of public opinicnupon.
= y ; 80 = -