Western courier. [volume] (Ravenna, Ohio) 1837-1838, 1837-06-01
From the Globe.
MR.. BIDDLE AND MR.. ADAMS.

Mr.. Biddlc, in his last epistle to Mr..
Adams says: .te
"L the midst of these disorders the
Bank of the United States occupies a Pc
caliar position, and has special duties
Had IL consulted merely its oaon strength,
IL aoouM hare continued its payments with,
out rcSerre."
There is not an honest man in Phila-
delplia who believes the assertion; and
yet an individual who aspircs to the char
acter of gentleman, boldly proclaims
what all his ncighbors know TO be utterly
untrue, simply to impose on people be-
yond the Atlantic, and those in this coun-
try who, without opportunity for person.
al observation, arc inclined, from political
considerations, TO take on trust whatever
the instrument Of their party proclaims.
The New York letter writer for the In
tclligonccr laid it down as a maxim for
the wings, when the relief policy of the
bonds was developed by the President OF
the Bank of the United States, that they
should believe it was right and good, be-
cause Mr.. Biddle says Il is right. 1t is
upon this doctrine of imputed iniallibility,
so prosumptuously urged by his presses
upon his submissive followers, that Mr..
Bidde acts, when he utters such an abso-
Lutte contradiction Of the state of facts as
arc known to exist by the whole communi-
ty with which he is surrounded.
SO far from tho Bank of the United
States being able, from "its opa Strength,''
to {" hare continued It's payments pithout
rcserpe," the bankers of Philadelphia all
know that their strength was anxiously
solicited, to enable the Bank of the Uni.
ted States to continue to pay. The Uni.
ted States Bank presses in New York
Instantly, on the stoppagc of the city
banks, urged it as matter of policy with
them to confederate their means to sup.
port the Mr.. Bidde's bank 1t was dis.
tinc,y proposed in Philadelphia, and the
meeting given to understand that the
Bank of the United States would hold ou
that its resolution was t.ken---and il
wasa measure of party policy, that aid
was invited, because if the thirty-five mil.
lion bank could have held out under the
late law, the Secretary Of the Treasury
would have been compelled to make it the
teposito bank, and to pour into its Golfers
all the gold and silver, which under the
same law he is required to exact, excud.
ing from all payments the notes of sus.
pended banks. If Mr.. Biddle could have
held out but for few days his notes
would have been the only notes receiva-
bic in the customs, and his bank the only
depository for them and and tho specie
collected. If then his bank could have
maintained itself by the exer,ion Of
merely its o,cn Strength" all the objects
for which he pretends he stopped would
have been accomplished by continuing tc
pay. He says:
"The' old associations, the extensive
connections, the established credit, the
large capital Of the Bank of the United
States, render it the natnralrallyiag point
of the country for the resumption o.; specie
payments" This was precisely the rea'
son by the presses ef the bank, forurgine
the other hanks to support it before i
stopped--the Commercial Advertiser ant
Evening Star used almost the same Ian
guage, substituting the word naclens'
for Mr.. Biddle's ralytng point" If