Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1840-04-23
[WHoLR No 595.


wih he gorsrnmeit, or any Interference on ITS
pai-conlcnt with being the FRIEND of
every administration, but the PARTlZAN
OF NONE" "The footing,
therefore, Oh which the intercourse between
the Bank and the government has always
been distinctly placed, the only safe basis TOR
The Country, the government or the Bank, 10
simply this The Bank has given tho most
Cordla. and decided cooperation IN all the
financial operations of the government; II
has taken especial caro-, as point equally oil
duty aud OF delicocy, that none of It's agents
should aDuse their trust, by Injustice iowurds
the existing administration or It's friends, be-
ing always ready 10 apply the most decisive
relief against such pcrverson oi It's power.
On The ether hand, the government has uni
inrny aud serupulou.ly iorbornc from all IN
reference with the concerns OF the Bank
"in fact their very ability to
serve any administration, would he lost by
sabstrUieHcy TO It, and the true relation ot the
La,,k to the government, Is that Of an impartial
aad independent friend, Nor PAkrizsN.'
The frank and manly expose OF the Princi
pies aud conduct OF the managers ut the
Bank, seems tu have struck tho coDsplratorS
nback, and IN Mr.. lngbain's reply 10 Mr.. Bid
die, under date OF July ~, he con!esses that
he "was not pr'pned Tor so conhl'm an as
ser'lon of the universal purity OF thu Bank
and all its branches, IN practice as well AS
principle, as is to be found IN your Mr. Bid
dlc'sl letter"
II seems It was decided by the directors Of
the Bank that Mr.. Bddle with one oi the
Cashiers should proceed To Portsmouth and
investigate IN person the charges preferred
against Mr. Mason, and that he was absent
at the receipt Of Mr.. lnghan's letter of the
2jd inst. Ga Mr.. Blddle's return to Phlla-
dcphla. ho again addressed a letter 10 Mr.
lnglian ~ answer To his OF the 2jd. In
speaking of Mr. lngham's first letter, covering
the complaint Of Mr.. Woodbury., hr. Diddle
suys--" Your letter was immediately follow
ed by the communication OF one subscribed
Isaac NIL, seeom comptroller Of the
Treasury" transmitting fro memo'rots. one
of them was said To be from "m0Si 0t lie bn-
sineSs mon ard merchants Of POrtsmo,ah,W'tI-
OIL distinction Of party;" the other he de
scnbcd Us coming from "ABour SIXTY or
TnE MOST RESPECTABLE MehBEas OF ThE
New iIAMPsuIaE LEGISLATURES" requesting
Mr.. Mason's removal, aud moreover, ,n0mitta
iag n new board of directors. To these the
second comptroller adds his 0pn opnlon.,hat
"no MEASURE short Of .ur. .lidSon's rcnlora,
icW tend 10 reconcile The people Of .Nro Ha"'p-
shire TO the bank" ana that this measure IS
asked for by individuals whom he character
izcs as "ht FRIENDS cfGENERALJACk-
Son IN Mac Hampshire" la answer io
your letter you were appriZed that the com
plalnts of Mr.. Woodbury. would be duly eX.
, ahmed, and that the Bank had uniformly and
it was believed successfully, endeavored u
prevent the abuse of It's power TO party pu''
poses. Your reply OF the I'D Of Jnly, treats
this exemption irUm political bias, rs moral
lmprubabiIily; aud 10 all aIlusloD To sugges-
ton that the Bank was dlslUclncd To tho M
reference Of lhe government IN these mat
| ters, you declare that "t is not deemed buns-
c,nding tie Just obligations Of the department
TO tohich is QsSigaed Tie dUeci.On oJ The rela
lions bcltcccn he CoUtrnmtni and ht bank, 10
suggesl its ric,cs as 10 t,u proper mm,age-
nl,nt" You speak Of the faction Of He
| COVER n MENT on The BANS, and that ofhs
BANK on THOSE vithin the sphere If IFS N
. FLL ENCE," ard, finally, You remove the
Impression that those were Odty your private
sentiments OF which the friendly purpose
might Justify the communication, by stating
that your f,si letter contained "such an opo'c-
al oCMt piclcS Of The ADMINS IRAGlON,
as could not JaUiy be MISUNDERSTOOD.
\ Mr. Bdde also declares m tins letter ,lint
! tho charges preferred against Mr. Mason
were found to be entirely gronndless, ana
that he was therefore reelected to the Presi-
dcucy Of the branch at Portsmouth.
h On the receipt ot this iet.cr from Mr.. BID
die the consplIai"rs through Mr.. inghan,
seem To have adopted another course, and iii
his answer, under date ot Oct. 9TH, l029, they
attempt TO bully the Bank INTO acquiesccnce,
, and threaten them with the power vi the Al.
MINIsrRArIUN, which, he says may be exertea
10 the appointment ot live directors, and IN
lie wIrHDRAwIa0 oChe PUBLIC DlposirEs,
aud IN many other modes. The managers ~
the Bank however, stood their ground tirmly
alike against the cojOtery aud Tue threats Vi
their peridlous cncnIes, and Mr.. Van Burc II
was compelled To abandon HE plan of rendef-
ing it Immediately tributary 10 his schemes
oil ambition.
!. In examining the correspondence and docu-
ments that were brought 10 light on this suU-
ject, Ivy subsequent legislation, It is curious
To observe the colncldcnces-iOr Instance
Mr. W oodbury's complaint against Mr.. Ma
son addressed 10 the Secretary OF the Trea-
sury Is dated June 21th, at PokTsMoUTn
again, Isaac ill Whose creature Mr. Wood +.
barry was IN a letter from w Washinglondateu
18th OF July, aud directed 10 j. y. Bdrke'
aud John PembertoD, E,quires, at Pbiladcis
phIa, (Nho were probably government dhecI
tors of the Bank says--"I now, ogrtedHy
, 10 n,y suggestion when saw you IN Phlladei-
pima, send you two petitions 10 the pres'den'
aud Directors OF the Bank oi the v. Statesy
&C." Isaac HILL farther says that he ,ss req
ceut spent several weeks IN New Hump
shine, aud one Of these pettions is dated Janc
. ~, ls2O, ut Portsmouth, where he no dou5t
then was, aud bears the samc date as MI
WoULbury's letter Vt complaint TO Mr.. Ing
ham. THIS petition simply calls for the re-
moyn uf Mr.. Mason, the President, aud Is
signed with fifty eight names.-Thc o,hei
petition is dated June 18th, two days aiteI
tha other, aud was probably got up ut thd
scat of government IN New Hampshire, a, y
Is signed by hliy seven persons who, Mr. III.
, says. are the most respectable members o'
the Now Hampshire legislature. Thus Psti'
, ton calls not only lor removal OF Mr.. hnsof
. from the Bank, but also Tor that ol the whole
/ lot tue directors, and rcquesis that Messfs
, Isaac Waldrun, Titus Sotrr, Thomas w.
, PcnhalIow, JOHN Ball. John s. Jennless.JaInes
I, Cushman, Richard IL. Aver, Joseph w. iia-
, ven, John Harvey, aud William Pickering,
! moy be appointed 10 their places. Isaac ilil
, also states ~ his letter to Phil1delphla, that
(, he forwards letter Of compliant from John
f.. =. Jcnniess, Esq, a respectable merchant oil
n Portsmouth ns ho Saws aud who II scent