Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1838-12-12

II al had but recently oeen IN condItfon OF unex-
N~pled prosperity. Resumption was forced BY the
tssu;tess resources of the country, and forced
LAST the action Of the Government, whose whole
f-ies we're calculated to fasten upon the country
Currency Of shin-pIasiers. From a review Of re-
q, events, connected with the suspension and the
N.gmption the President, in seeming triumph,
u,kug at the result, declares it TO be proved tha,
National Bank is unnecessary in such emergen-
%. when in point Of fact the events JUS, transpi-
have shown nothing more clearly than the in
.oensabe necessity Of National Bank TO the
.ness ofthe Government and the country. This
Nnoyicton has not failed fasten itself upon the
leope, as the President mast be aware, from the
IT that thousands Of his friends have deserted his
l., and not small portion of them have sepa-
ted from him upon this very question. The char
l., against the late National Bank made by tnuen
4 b. of increasing inordinate specua,ion by sudden
npansons and contractions-of creating panic and
Embarrassment for the promotion Of its own de-
rns, and Of interference with politics, are calun-
ass often related. Those who have made the
darges have been repeatedly dared and de6ed 10
heir proof, and every attempt to prove them has
Xa;si anil recoied upon the calumniators. The
augment that National Bank might exert such
l influences is true to some extent but it applies
9TH greater force to other banking institutions
shich might be swayed by Influences that could not
each such an Institution as thelatc National Bank.
/ Of such as any National Bank ought to be. In hol-
ng out the false and fraudulent idea that past ex-
,.rence has demonstrated the inutility of such an
ns,iiution the President says
We have been saved the modification of seeing
the distresses of the community for the third time
seized on to fasten upon the country dangerous
an institution.
This is a false, scandalous, and defamatory libel
MON tile motives Of all who assisted in the crea-
non of the two former Banks, and in their ranks
are numbered many Of the best and wisest men
who have ever had charge of the administration Of
he Government No motive of patriotism is ascri-
bed to them, no inducement seen to eirconduct,
but disposition to seize upon the dstresses of the
country, to fasten upon it dangerous Institution.
We do not know what distresses the President al
des to- existing at the creation of the FIRST Bank
III was chartered many years before our day, but
the fact of the existence OF any general national
distress, wehaye never recorded in history,
heard from those who Witnessed the passing
events of that period.
The recently developed defalcation Of Mr. Swart-
won't, the late collector of the port of New York. is
difficult subject to handle, but here again the
fraud and implied falsehood by which Mr.. Van Blu
rem seeks throw the responsibility from tho shout
ders Of himself and President Jackson demands
exposure The fact is stated with sort of trinm-
plant parade, that the embezzlement commenced
during the time that the public monies were deposit
ted in the Bank of the United States: and the igno
rant are meant to be deuded with the idea that the
public treasure was distracted from the Bank, and
probably with the connivance of the Bank, and the
minons Of the President will, in all probability,
charge that the Bank partner in the pecula-
ton. The truth is studiously concealed that the
law required the depositas be made to the credit
Of the Treasurer Of the United States and of course
when money once deposited it could not be
withdrawn upon the check of Mr.. Swartwout, or of
any other person than the Treasurer five mis-
take not, the collector was required to make re-
turns at regular short intervals, and the bank was
required TO make like returns, and we cannot con-
ceive. what more necessary, to detect the en-
Sgzzlement, than comparison at Washington, be-
the returns of the collector and those of the
bank. Will it be commended, that Swartwout made
false returns The evidences Of his receipts, have
always been open to the officers of the administra-
ton if they chose to make the investigation.-
Where then was the seepless and hawkeyed vigi-
lance that brought to light even every petty detail
cation occurring under the administration Of Mr..
Adams. The answer is at hand. The services OF
the officers of the government, il not the money
itseE, necessarily employed to perpetuaie
their power and make their places secure.
doubt rests upon our mind, whether the dcfaca-
ton has been long known at the of govern
ment, and artfuly concealed until it was about to
force itself upon the knowledge of the public
There is scarcely a paragraph OF the message
that is not liable the severest criticism, but we
have neither time room to pursue the task 1t
concludes without the customary "poz coliseum
ora success to your deliberations, but hats abrup
thy in snail at the District and Supreme Courts,
for their decision ia the mandamus in favor of
Stockton and Stokes as Amos Kendall.