Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1841-07-03
lFrnm the Missouri Argus.

Gen Jackson from the moment Nicholas Bmlle
attempted 10 dictate the course OF the Administration
and u conceal The dOngs OF the Bank Of the United
States from the four Government Directors who re.
prese nted the stock 0wneo by The United Slalrs.pro-
nounced Nicholas Bldde aud his associates corrupt
aud bad men He Instantly upon their screening
,hemsevea from responsibility aud making their Off
ciai acts secret evIn from directors, advised Con.
gresl To remove from their Keeping the Government
money. For he judged that when men ieIl ut liberty
to do wrong publicly, and boast of their adronne,s
IN conceahng their acts from men legally aud nor.
ally possessed OF right 10 know those acls, they
were capable oIany act, however base. They had
commenced dong wrong, They boosted Of their
doing wrong, and thus prorcd tbemsevc, old oiltn-
dcrs. lie considered them perfectly corrupt, Tor
those who do wrong the first time, do moi boast Of
their crimes. Only old Offenders Swagget. lin was
feat 10 be boosted otto vote directors from the
board It would be stll greater feat To seize The
stock and money represented by them.
But Mr. Bldde, not outstanding lhls public crime
committed upon the laws Of the land, was euugized
| by Senators and Representatives in Congress by
orators, 6nancIcfs, merchants, printers and srogle-
| ny poIllclans, aud by them was held up 10 Gen
Jackson as the person proper 10 be adriSed ruth -
he was told again and again that # Nicholas BddIe
was made Secretary ct the Treasury "prosptry
would be instantly Ttslofedp And this after MIR
Biddle had procured the passage Of a resolution al.
lowing all the money Of The Bank 10 be loaned out
by himself, the cashier, and three directors under
| the name ol Exchange Commitlee-a0d denying to
tie other directors the night even 10 kaow what lad
| been done IN the discharge OF duty which they
| alone should have performed! Aud TO operp0lcer
the Government was the reason assigned for thus
violating the spirit OF The charter For thus putting
the money into the hands Of the president, cashier
and one ofthe three directors associated with them
| General Jackson instantly concluded that they
intended TO plumber the Government With his
| great knowledge 5f m.n he was able 10 read Mr.
! BlddIe at glance. Congress thought otheG wise
| and refused to remove the Government moneys
General Jackson took the responsibility 0iremoyng
| them himself and declared, Notwithstanding the
great apparent prosperity Of the bank, that he did
not consider The money sa ie IN The hands Of Mr. n.
| BiddIe and his associates.
! Mr. Bidde instantly commenced run upon all the
other banks 10 New York, sc. 10 break them down
--GeleraI Jackson had contingent Treasury drafts
Issued to be presented at such places az he bank
should press the hardest Governor Marcy of New
| York recommended and the Legislature authorized
| the issue Of State bonds 10 the amount Of 81 1000 900
TO sustain the banks o NewYork against he attacks
flhe United States Bank--many Of the merchants
! and money men flew 10 the relief Of the safety lnsd
bank. and ,hus ,yerted General prostfaton Of The
banks Of New York and New EngIand--oi B.In-
more and Charleston.
Mr.. Blddle admits in his letters, now that he 10
L,ksd o,,, q, mo hanE ,ba Tho Irnited Sates RAM
,,,J - nros,ra,c III, New York hank, and Thai The
effort ia The occasion Of II; otrn proslrsllon!
! And yet, notwithstanding these rascsIy Efforts 10
Enngre,, "ih n,,,rions 10 restore the deDo,Ilrs 10
| fhai banL Hundrrds Of individuals. LIVING in fins
civ signed such pouoas--the President was con-
d,mned as lyrant aud usurpcr-the House Of
Representatives was pronounced recresnt to their
duy for not impeaching the presidsnt ollhe United
| States for violation OF The Constitution!
Bu, General jackson stood firm. He saw that Mr.
Bjddle was devoid Of prncipe-lha he was sustain
cd by his ,po,caI associates in wrong doing. He
saw that, in addition 10 the want of moral reeuds
,aro ,otaly reckIe,, and would up5D Ihe slightest
.rs;.,t .s,7s and ,ouandsr N, nobic money And
=