Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1844-07-09
an, SIT, VIII UTtdt TtsIlCCT,
Your mos; obcdieLi servant
WM. 5. HUBBELL.
Hon. CHARLES J. 1SGERsoLL.


WM. $. HUBBELL.
Hon. CHARLES J. ISGERsoLL.
PHILADELPHIA June Do 1914
Dear Sir As told YOU al Washington would
submit herewith an explanation Of Mr.. Dallas :
conduct as respects the late Bank Of the United
States. For most OF ii, | am indebted 10 himself
But am likewise familiar with all the circum-
stances, which may be relied upon.
Mr. Dallas's conduct as respects the Bank,
should subject his consistency 10 no doubt.
l. Nearly the whole Democratic party. and in
deed the whole State Of Pennsylvania, were for a
rechartcr. Nothing had been disclosed 10 bring
discrcdit or suspicion upon the Bank. 1t was
doubtful, al the commencement OF the session,
whether bank, with certain improved modiiica-
tons would not receive the sanction of General
Jackson. His Secretary of the Treasury, Mr..
McLanc. had made an elaborate annualrepoyt in
its favor The Secretary of State, Mr.. Living
ton, was strong forit-if not all the Cabinet,
3 Resolutions were passed hy our Legislature,
which both Judge Wilkins and Mr. Dallas. re-
presenting Pennsylvania in the Senate, consider
ed instructions, as did their feow-citizcns gene
rally.
The first dated 2i April, 1881, among series
''rclative to the Union
Re0ired, As The sense of the Senate and House
of Representatives, that whereas the Bank of the
u s. has tended, in 4 great degree, To maintain n
sound and uniform currency, 10 facilitate the fl
nancial operations oithe Government. 10 regulate
foreign ard domestic exchanges and has been con-
ducive 10 commercial prosperity, the Legislature
OF Pennsylvania recommend renewal of lis char
Ter, under such regulations ard restrictions, a. To
the power of the respective States, As Congress
may deem right and proper"
The second, dated 9TH June, 1892. (ius; fvc DAYS
before the passage Of The bill i'll the Senate) also
in a series ofeisht resolutions:
Seventh And lie it further Pc~lred, By the
authority aforesaid, That, connected as the
prosperity of agriculture and manufactures is
with the successful financial operations and sound
currency of the country we view the speedy re-
charterng of the Bank of the T. s.. with such al
tcrations as may secure the rights of the States If
any be necessary, as of vital Importance 10 The
public welfare"
3. Congress met on Monday, 9Th December.
1881. MIR. Dallas was elected 10 the Senate after
Congress had met 10 supply the vacancy occa-
stoned b. the resignation of Isaac d. Barnard: and
took his sea; The 2lSi December. 1891
lie was reset ON behalf OF the Bank, on his
way 10 Washington and increasingly. for three
weeks, cndeavorcd in every way TO avoid present.
ing the memorial for rcchartcr and demonstrated
BY letter, and in conversation, with the chief di
rectors and agents The Secretary Of the Trea-
sury, Gen Sam. Smith, and he, with others. anX-
iousiy dissuaded any application for recharler.-
In spite OF every thing that could he said, Mr.
Dallas was called upon 10 discharge the duty of a
Pennsylvania Senator, and 10 present the memo
rial He did so on The on Of .Ianuarg 1899. with
Il predatory short speech, in which he made his
reluctance very apparent, and in which lie dis
tinctly pledged himself 10 90 as much a. any ,nan
agains; the Bank, il found al any time, and in any
manner interfering in the field of politics.
Not doubling the conAtr,ionality of the Bank
at that timc-Alr Madison's name. Chief Justice
Marshall's decision, and his own fathers views
were quite conclusive on his mind then. Since
the publication of the Madison Papers in 1870
the question is changed in its aspect they record
the fact OF the convention having rejected pro-
position 10 confer the power on the National Co
vernment, and MIR. Dallas cannot sur:nount SO
glazing L fact.
4. During all the proceedings in the Senate
though chairman OF the Committee. he did no
more than make IN opening and general speech
on the bill The truth is, that he did not like the
Job-boih Judge Wilkins and he made sour faces
The srcen-cloth board taxed them with insinceri-
~ and lukcwarmncss; bnl they yolcd steadily in
obedience 10 The declared wish Of their then De
mocraic State Legislature and people
). The rcto went into the Senate on 1911 .I,lX
1882. Congress rose on lGLi Jnla, 1882. Mon
cay. On The very day Mr. Dallas reached home,
he found an immense Wing meeting holding in
Independence Square, and making the boldest
manifestations OF the very thing he had openly
pledged himself 10 resist-viz: that the Bank,
with all lis forces and funds, was in the field Of
politics against the President, These appearan-
ces became every day more glaring and avowed.
MIR. Dallas never hesitated moment indeed, was
glad that his private inclinations were furnished
so early with just ground of movement The
Democrats had county meeting in the course
of a few days. He was called for BY The crowd
and made warm party speech against the Bank
for having thrown herself into the canvass. From
thattime to the present he has been for twelve or
fourteen years getting constanlly,ho,tcr and hot
Ter against il; and her parisans have contracted
from his speeches, letters, and attacks, as cordial
and imprcssible hatred of him as any Democrat
need boast Of
'rus; that the explanation thus given will re-
move ~ douht ne ~ Mr n.l