Indiana State sentinel. [volume] (Indianapolis [Ind.]) 1845-1851, 1845-12-25
The Rank and its President.

The Bank and its Presidents.
Tire Bank President begins and ends his passionate
article in the Family Organ" by charging that our
opposition shn-pasters and our desire for an ho
est management of the Bank, Is altogether owing TO
personal hostility towards him. In 50 doing, the
President fa,ters himself entirely too much We
occupied the same ground precisely, long before he
became of consequence enough to be known to US or
10 the public either a politician fnancier
Indeed we have l.; lie desire to enter the lists of
blackpua rdsm with one so much better versed than
ourselves in pot-house slang, Notwithstanding his
lofty pretensions to arstocratlc breeding, that we
shall even now pass his attempt to turn ami
madversions upon his official conduct and financial
notions to those Of personalities, howsoever he may
lay himself liable to them. We do not know that
the Legislature which elected him to the Bank Presi
demo, made it unlarful for the public to examine in
to his official conduct if it did, should like to
the chapter and section comforting the extraordinary
personal privilege. Until that is shown. shall
take the liberty watch and expose his conduct.
though at the cost of much ire and abuse from
HIM IN return
Nothing could more concluslvely prove the slippery
ground upon which the Bank President stands, than
the avidity with which he seizes upon typoSraPhi-
cal error in our extract from hi, last years report,
by which help himself out of his unfortunate d.
lemma. The word argument " was printed " ar
rdngemsnt,' III such connexion. that even child
Of common discernment would have at once discov-
cred the discrepancy. lie grasps at this god-scnd as
a drowning man Will clutch at straw and suffers
his uncomfortable passion to hurry him on, and to
endeavor to make grown up men believe, that we IN
tentionally committed the ridiculous error, Tor the
purpose of msrcpresen;ing his sentiments His inn
putation is not only disproved by its consummate fol-
w. but also by the fact that stated particularly 4
volume and page from whence the extract was taken;
thus giving the people, well faancie-s and es
pecially members Of the Legislature, who had the
volume at hand opportunity to consult the source
Of our authority. Besides this, prove, if it
be necessary, by compostors and proof readers,
that manuscript was correct, and that the accl-
dental error theirs, not ours. But We shall not
put ourselves the trouble do this until we have
additional evidence, that President Morrisons pollti-
cal character and financial ability based upon so
hlmsy foundation, that they are IN INN nent dam
ger OF being upset by such tr.hc typographical
error in a newspaper
The President admits that there :. mas been a con-
siderable Increase Of the circulation OF the Bunk dur
ing the past year bat says, If 1t be too large, il
attributable the charter, and not to the President
Of the Bank. Admitted but the question, moot
ed, again comes up: Is II proper to add fuel to tho
fire Is it good financial economy IS 1t safe for the
Bank and tie peope ii Democratic, just and right
to increase the of expansion That is the
question:, aud IL 10 which wish the LegiSla.
ture, and not the Bank alone 10 decide.
In connection with this important point, President
Morrison SAYS he .. es not feel called upon at TIL,
10 speculate the subject of the danger OF
utility OF Banks" which he regards - rather
stale subject" We have doubt of the truth of al
this. Whatever may be the condition of the Bank
or whatever the course ii may pursue, there Is bu
little risk of dlnger to him. IL quietly sit in tn
Bank parlor, and luxurlate upon his regaIas - cain
as summers morning" Whatever the danger, h
has the knorlede and The chance Of aroiiing It, eve
iftoo sef-denylng to proft by it. Not so with tn
people. They Overwhelmed IN destruction, per
haps, without note of warning. Consequently, til
danger is subject not qlite 50 state to them: an,
he mus, not be surprised ii they persist in talhn,
about it, and catching those VINO manage the ma
cblnery.