Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1843-07-11
4. :. gauk Presidents.

The late definei and insol,eni Bank q the United
States had Presidents Jones the tr-i. then
Langdon Cheves, aud lastly Nicholas Biddlc Tive Of
these men. Jones and B,ddle. into oiioe as We
have every believe honest men, bat turned uu
swindcrs
Jones made the Bank flll bool,d sreculrirr and
sNindng machine. II completely 80 during his
Presidency the Brandon Bank during ihr admin
siTaipn of Shelton lie established ageurrs ia EUROPA
m The purpase 81 paving dcnd there. and auiorzcd
the heaviest loans stocks 10 The stockholders snh got
Z the shares up to Slo5.
Most of The directors and holders Of stock sold orr
stephen GiIard (,yho BY the had opposed Jones :
policy) nadc $4,000 the sale Of hI. stork, and
many o,Iers-Jones among tho nunbeT-msde large
The Bank was made mnchine oi pfiNHte spce"-
lalion of the character.
The country convused We had bloa'ed r'ic's
and ruinous speculation, aud "nss 9" depecated paper
Ruin followed. and the distress 81 lel.-2O j. ven
known. The stock fell 500, the Branch notes do
prccaied and Jones and his band OF gamblers wsr"
turned out and Langdon Chcves took his place
Mr.. Chcves Speaker 81 the House OF itep'e-
sentativ.s during the war he homes, and sbe
man lie found the Bank hula wreck-ihs Nicum
of spectators and swndie1s. expecting every daN '"
s,srsnd snccie payments indebted beyond s ability
10 paw and existing upon the i'rheaance 81 Others
This Mr. Choves hims'f iie got al The "'i 81
the Treasury and o, heavy cnriim'ni - s"rf" ne
Bank bat broke ne oon'ru In -l- there surplus
ia the Treasury, In l-l9 h'y had 10 borrow money I"
carry the government CheNes len ilo o""N ~
low wears and Biddlc took charge oi o.
Mr. Riddle. career IS well known. w doubt not
entered the dark chamher> Of the Great EegnAt" An
honest man. but be- soon hrcame corrupted Tie com.
Poiitcians 10y the a." 81 i"""'N i''S I,''s go,
having The direct bribery had aii ns molal gnii Tho
Bank heoeme progressed poca mac hine ana
Mr. Gi3de proclaimed through ih' n'ed states ''a1r"
that the Bank would at rs part ln driving TIE hahciii
out II the high places they infested lmennins "'n
J,,lsnn and ms cahnci9 n, hcrlnic thoroughly con-
vcrsani with bIbcr,-h,s integrity was d' toh'i--nnd
he sunk ~ ls The lowest grade OF corruption i'r iie
advancement 81 hs o"n private gin ana iH's' o. "''
connexions
Ans commencement and N; as termination The Bank
was per,crt,d from The aNoNcd object 1t those 10"
made H. ga instrument of private gam si'e.a'ii"n
and sniudnr lnsi much - rs ihe bfand'h lAAN 81
Mississippi was p, Shelton and has crew
The ilmv now aa, l,d io ihe 'hatacicFs - Two o'i
of The who presided oyer ii" > h"uh M"
, once stood high the estimation 81 Shear le""
evidence that such p''ii"" = cor
rilpng n as effects and dangerous % 'lr lnesniY e."
men al The most exalted sirn. u warns as hi-" NAV
srh vas, powers ought 20 bo lodged ia he hands 81
Iansaan chew ,se onl, man ef he 'ine who
maintained - informed. Us in''rfi, nnh-
paired resigned hi~ situation IS Pf's'd' ~ NM IT. -.
be- thus expressed himself ""h r"sa'd 20 'i'' ''""
question
ann OF the opinion ,ha. Na'ionsl Eauh "ii M
all In, ,tgfsrey iilr r,-foalun 81. tho currency aud
that al.t,,sr IL would he an institution 'g.H'iy dan
a. Rms under many circumstance and in many '"Ss
admit TINT under very wi.r and c'rc"n'p'c mnn-
agcincni n niehf be- ns',h it,s',i"iion ini ~ =
# Is CTRTAIN ~ Any TutNG DEFENDING oN
"a uI-,lAN ACTION NNp IIi' IMAM WILL THAT
a TT WILL Not BIZ 80 MANh"Lp f"-id's
have no doubt Conetrss have no '"ns'nii'ri pow
Il - establish Sur mad s ih"k iias ",'f
{, The rhar, expressed u 'cmeni 81 that stl""i % nb
e ,,r, " a., ciui Ar Jefferson ieir 'fd N"" iaN'
"a administered the government i"r almost i"ri, Nr's
r The in-iiinfion of ihc late Bank ra~ deparnr'
from, tin. frcip-s az tiai l"s badly justin - rait
= anclv used the generally r'ef't'i e.
' them aud FINAL, hg themselves a'"ncd for ~ - -
g manner their power. iif putting o. down
such WIRE The sentiment ni Mr. thrfrS tie efof'
j. President Of Tho Bank Nh'u he wrote hs y" a.
= seen The Bank the hands Of the two Presidents JON
aud Bddle. al d,n;i,~ Tine hands 81 cls'r- Bran
Presidents. devoted ihr most unholy iurp"~'. "
: spoculaliup fraud anA s,vinli'rs and WIS iA'inue'
= acanained With nll operations and therefore -
Il pressed the deliberate aud .. grounded "pni9n fha
IA ara, laanai institution vriii certainly be misnanas'd
- -Nsshrifo fp,nv.