Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-02-23

close In upon them. Amid the noise oil rushing steeds
and the clatter OF arms Oceoa betrayed no emotion.
Not an exclamaton-nota lock Of turprise escaped
him. He did not turn his head; bat aware that he
was prisoner, he folded his arms and moved on, as
thosgh he had been apprlzed OF the intentions OF his
cePtors, and had prepared himself Tor them with UNI
concern. General Eusts, on hearing OF his capture,
said he should vote for his instant execution Pre-
posterous barbariiy The arms OF America have
been sulled enough these last three years, without
staining their escutcheen with the blood OF captive
chief. To those who wish 10 obtain perfect idea OF
the head and heart of the Semnoles, we would re-
fer them to Mr. Callins gallery. Oceola breathes
upon his canvass. IL IS the happiest likeness have
ever seem His spirit has joined Its brethren in the
land of shadows. His ingo capture will descend
to future ages. w.
Address to the Hank Commissioners com
tinued, with a further series OF Questions,
touching facts.
GENrLEMEN-You are aware of the old adage,
that corporate bodies have souls. You are also
aware that under the banking system, the people
have been swineled, legally out OF thousands, yea
hundreds of thousands, millions Of dollars 1t is true
that this, legal misfortune has blasted the hopes of
the wealthy man, and in many instances rosbed him
Of his all, but the tax, the bulk, the grand items to
swell the amount are more generally distributed
amongst the sovereign people.
The knowledge OF these facts, gentlemen, shsuld
awaken you to lively, determined perseverlng, and
patriotic sense Of your duty TO your trusts, OF your
duty TO the public.
You must be well aware that corporate bodies have
been known TO wink at transactions God grant that
you Bank commissioners should ever lmblbe
winking propensltles,) when i brought to either IN
dividual of that body fer personal action, ne would
exclam in the honesty Of his soul that is immoral !
that is dishonest! that is fraudulent!! I'll none
OF IT,
l remember, gentlemen, "as well as tho it was
but yesterday" that all the tricks and roguery of my
schos-b boy days, were committed under miniature
corporate seal If we wished HOLIDAY for instance
the corporation of ten a dozen boys would each
and altogether take hold of the vessel containing the
asafRuda and empty the contents into the master 8
tutor, (by reason and virtue of the corporate seal)
each boy conscientiousy answered, ut was not
sir 2 did not do i'll am innocent" The time has
come when il bchoves the people 10 eok after the in
sttutions of their own creating, TO ferret out the
rogues, and punish them whether they walk on
clutches roll in splendid coaches.
| will new proceed TO PROFOUND a few more guess
TONS which may possibly be answered in your forth
coming report to the representatives Of the people
In my first of the address, published in the Herald
of Both ult. alluded 10 an institution, (well known
to you gentemen,) that had allowed the brokers 10
absorb more than half its capital Of two millions, to
accommodate through their agency "the business
wants of the community"
The following queries will relate TO an institution of
much less capital, say, not exceeding six hundred
thousand dollars, and would give pleasure TO say
of less immortality Of less dishonesty, and less in
justice 10 the people.
Question, Ist Has il come to your know
ledge that during the extreme pressure in the mo-
ney market, more than third Of the banking
capital of the aforesaid institution, chartered by the
people Of the state TO accommodate the business
wants Of the community" was loaned TO brokers in
Wall street, who were in the daily habit (asIs well
known by many oppre> sed members of the CONNER
cial community OF exactng from the business men,
two and three per cent per month, whilst the same
time il was wholly Impossible for this institution to
accommodate It's regular customers, and that these
same customers, when refused by the aforesaid ins
tutlon have been politely referred by the President
to certain brokers i'm Wall street. and that in many
cases. the president in his good nature has even con-
descended TO take the paper step out Of the bank
turn, andp pass TO the applicants the proceeds
less two per cent per month";
2. Has il come to your knowledge gentlemen that
loans TO large amount have been made to a director
of the aforesaid institution. in anticipation os mort
gage upon his real estate contrary the express pro-
visions of the revised statutes and the act under
which they hold their chartered privileges2
8. Has il come to your knowledge in the course OF
your arduous and responsible investigations into the
ways and dongs OF the aforesaid institution that il is
guilty OF asury in compelling the customers of the
Bank TO pay exorbant rates Of exchange for drafts
or checks on distant places, (which drafts checks
were known at the time to be in the market four or
FIVE cents below par value) in addition to charging
them their paper the legal discount Of six or seven
per cent and alse charging per centage fer difference
OF exchange.
4. Are Won aware that this institution compels its
customers offer paper for discount having bat sixty
five days TO run, as TO evnde the law, and avaric
ously per cent when if the paper had but
sixty three days to they could exact but six per
cent, thus quoting their consccnces in "accemme-
dating the business wants of the community" salts
fed that they but tyegh hours in the OF
common honestly
5. Have YOU ever discovered in your critical ex.
nnat;ons into the concerns of this institution that
the names OF the directors have appeared directly and
indirectly as drawers and endersers 10 than
third thecapta stock Of the said Institution; and If so
have you done ysur duty to your OATH and to the
people, inasmsch you have not reported the same
TO the proper authorities stating TO them the fact that
this institution had dsregarded the laws had brokeR
their faith had violated their charter, and forfeited ac
coriing 10 law their chartered privileges
shall take the liberty, gentlemen, Of again adj
dressing yos endeavorng at the same time te DO
candid asking no questions, but such as may be an
swered in the affirmative provided you conscious
Of strict conformaRce Of your duty TO the people