The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-06-17
THE DEAD MONSTER.

The United States Bank building in Chestnut
street, advertised to be sold by the sheriff of Phil
adelphia. 1t is splendid marble structure, and
should be bought by the Government. Indeed,
are puzzled to imagine where bidders to be OBJ
tanned for such costly edifce. Closed it is at
present. for the ordinary purposes Of business, has
melancholy aspect. Converted into custom
house, the effect would be beneficial only to our
merchants, but to the immediate neighborhood and
the public at large. The fact is, even those who
have suffered most by the explosion of the monster
are anxious to forget and get rid of all associations
connected with It's past Observation-Disclosures.
The time when journal Of the Inquirer's
school would have thought it fiat burglary at least
to speak thus dsrespectfuly of the grea, regulator
of currency and cotton but even Whggery
once so devoted to the monster, can afford to give
kick to the PROSTATE Juggernau and to utter wish
that its past conduct, lauded and admired at the
moment of action, were buried in oblivion, We
must however, object to this-make what You will
Of the buding-a custom-house, an opera house, a
town-hall, any hing-but its past history must not
and cannot be so easily efaced from the minds of
men, and, if we had our way, inscriptions should be
carved deep into its marble walls to record in nde-
BILE characters the iniquites of its existence From
first to last, the course of the United States bank
furnishes lesson which should never be forgotten
Men should reflect upon it--ponder it, that for
the future they may not again become the easy VIC
tins of purse-proud arrogance and unprncipled pre-
tensions There should be no forgetting i'll the 1t
is wholesome to remember that this is the institution
which undertook to war upon the Government OF the
peoples cholce-to overthrow Presidents and TO cor
rupt Congress; to whip the tmd into its ranks by pam
les and pressures, and to seduce the courageous by
brides and bounes; institution which subsidized the
press overran the country with its hrelng orators,
and poured forth the money of its stockholders like
water in the vain effort to buy that which could not
be gained by reason and argument. Ii was this Bank
which, in the last moments of its national existence,
boldly barred its doors against Congressional inves
gation that the names OF its brlbed myrmidons might
remain unknown, and then turned its corruptlng in
fuenccs upon the State Legislatures to obtain new
lease of life, which its debaucheres had lett it 18th
out sufficient stamina TO sustain. Keeling and
staggering under the weight OF its accumulated SINS
1t tottered from year to year and at last crash
ing TO the ground, hopeless wreck almost before the
ink was dry which boosted Of its undimlnshed energy
and ine xhaustibe resources.
These things not to be forgotten, and to fix
such experiences firmly in the mind some competent
hand should sketch, in plain language the leading
points in the history of the Bank that every citizen
may be enabled to keep his recollectons clear and dis
tnct. A connected narrative is wanted of the great
panic movements, of the revolutions "bloodless az
yet, Of the prescriptions and prosecutions the bbe
ries and corrupuons the speculatons peculaons and
adulatons which distinguished the career of the now
fallen managers OF this iniqultous corporations we
should never forget either that the United States
Bank and its influences contributed more largely to
the present deporablc state OF morals than any otner
causethat set the example Of buying legislators,
like cattle at the SHAMELESS and would have made the
press and The balot-box purchaseable commodity
But we have neither time space to recopltulae
the reasons why the history OF the United States
Bank should not be suffered 10 escape into oblivion
nor is it necessary. Every remembers enough
OF the events of the last twelve years TO be convinced
that they too important and as lessons of warn
ing, too valuable TO be suffered to pass away without
leaving strong impressions upon the minds of all,
Pennsyirdnidn