The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-04-12
a9hflanelphta Correspondence.

PHILADELPHIA, April T. lSil
The report of the Stockholders Committee the
management Of the U. s. Bank is not yet published.
Its reading, on Monday, created much excitement. l
can at present, give you only but few items of its
contents The Bank, for the last few years. has
fned its accommodations to brokers and capitalists.
large broker, of the family Of the exPresident has
received, within short time, "a OO0OO and ex-offi-
GERS Of the Bank have been no less literally
modated their of gratitude for which is well
manifested by redeemng their obligations in rail road
and State stocks land lots, Teras bonds, &c. An
ex-oilicer took loan of 900 of the Reading
Railroad in his private capacity and the Bank after
wards assumed the responsibility. Throughout the
whole Of these transactions the Bank has in all anti
cipated difficulties made itself the sponsor and guar
dian of certain ex-oficers, who, avaing themselves
of its Iberay have thrown upon il all their bad debts
and stocks. ST. 600 remain unaccounted for and
questions as to the mode of expenditure Of 100000
of this sum addressed to ex-ocers have received
answers The Committee estimate that there is
than $l5,0O0OO0 of the original capital left to the
stockholders and that the shares worth about $40
each The loans due in Europe in Al, AZ As and
al, amount to $40 575 30l and the balance due State
Banks in this city and distant is Sc 22l and to
depo.ors at the U s Bank and agencies 80 l64, 1854.
A committee appointed to devise the best means
to DIT omoe the interests of the Stockholders relative
to the actual condition of the Bank, and to report to-
day.
The history Of the Bank since 1888, exhibits most
culpable negligence of their trusts the part of the
Directors. The conduct of some of the ex-oficers
presents them in light most prejudicial their cha
of h,s,p nd hos. -
port would to warrant the inference that the pro
perry Of the stockholders has been sacrificed advance
the interests Of certain officers, and family cliques
Should these differences be sustained all delinquent
should be forced to disgorge their unlawful gains. Ir
such is to be hoped that squeamish regart
private characters externally good, will prevent thu
execution Of the severest penalties of the law. Car
it be possible that corruption has made such progress
among us
| The Governor has again INDUCED his favoritc pas
sion in the veto Of such small affair bill trans
errng the appointment Of certain officers in Cheste
county from the County Judges to the County Com
missoners. This veto passion Of the Governor seem
to grow with what il feeds on. 1t is becoming quit
ridiculous. The following the rates charged upoI
all goods by the Pennsylvania Canal and Rail Roa,
from Philadelphia to Pittsburg: Dry goods -, 90 pc
100 cwt, hardware, LIS; groceries, lao; queens
ware, so. The Ohio at Pittsburg being now full
the whole chain Of Western navigation is opened
| A large meeting of citizens was held at noo
in the State House yard. Resolutions touching tn
death Of the lamented ex-President were passed,
conded by remarks from Jno Sergeant, Jno. X. Kan,
and others, Of both parties. II is day Of universe
gloom The stores all closed and scarfs Of crap
! are hung upon the doors of private houses. III