Indiana Palladium, Volume 8, Number 39, Lawrenceburg, Dearborn County, 13 October 1832 — Page 1

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FRO'-I THE CLORE. The .United States Tclcgmph tSnd the Ranlc. The United States Telegraph has sunk itself so low in character and influence, that, on its own account, we should not waste time in exposing its subserviency to the Rank. But to make plain the dangerous tendencies of that institution, and the means by which it secretly controls the presses of the. country and attempts to lead public opinion, we shall be obliged to recur to the opinions and political course ot the Editor of that paper. We propose to show: 1. That the Editor of the Telegraph has proved both by his precept and practice, that, in his opinion, a press whose Editor is

heavily indebted to the Bank of the United States, is not a free press. 2. That having publicly avowed these opinions, he asked and obtained a heavy loan from the Bank of the United States. 3. That he has ever since pursued that course which, under the circumstances of the case, is most conducive to the objects of the Bank of the United States. As a consequence of these facts, it will appear, that the Telegraph in effect belongs to the Bank. In proof of our first position, we begin witli the following extract from an editorial article in the Telegraph of Sept. 20th, 1830, iiz: "Is the, National Intelligencer a free press? Could it live one single week, if it were not fed by the Bank of the United States? Has not the senior editor . retired into the country to a splendid house, built for him by the Bank? Is not the oflice in which the Intelligencer is printed the property of the Bank? Can such a press be free? Its conductors are incapable of appreciating the lofty and elevated sentiments, the spirit of freedom, and the pride of independence which should make the conductors of a public press equal to the highest offices, and eligible to the most exalted stations in our government. Well may SUCH HIRELINGS express their astonishment that the President and one of his Secretaries should converse with an editor." Mr. Gales felt this attack, and produced, in reply a letter from the Cashier of the United States Branch Bank in this .city,

showing that he had recently paid the Bank, by property sold, or as Green more accurate

ly says, "set off to the Bank?1 tlic sum of

30,213 58; but he takes care not to state how much he was still indebted to that institution. In his paper of the 27th September, Green uses the following language, viz: "The Intelligencer argues, because the Bank has not made advances in cash, since the 13th April, 1830, that therefore, it is not fed by the Bank! What are the facts? Is not the Bank the privileged creditor? Do not the edi

tors hold their printing office, and the materials on which their paper is printed, in the right of the Bank?" "The editors of the Intelligencer are the open advocates of the Bank, always its ready organ, defending its abuses and magnifying it? services. It has named it the People's Bank,' and has most grossly misrepresented the 'People's President to serve if. We conceive it to be our duty to lay before the 'people' some, of 'the facts, which, if known, would lessen the influence which the

Intelligencer seeks to wield in behalf of

the Bank. The Bank and the Intelligencer are public institutions. They

arc intimately, and it appears, largely,

connected. They have a common in

terest in sustaining each other, and our

object in provoking the Intelligencer to

the disclosure it has made, was to bring the fact of its heavy indebtedness to that institution before the public, that the

people of this country may see the ob

jeet which the Bank has in sustaining

that pre?s, and the circumstances un

der which that press sustains the bank."

October 4. "7'Ae organ of the Bank

of the Uniied Stales for such is the ti tie bv which we shall occasionally de

nominate the National Intelligencer,

$uv

. Odc'-ar 11. "They the Bank ope

rate upon public men, upon elections,

nnd upon the press, by granting or zcith

holding accommodations . Need we "ive

a stronger case, than that the Nation

al Intf.lligf.xcer has had a standing

.Mccomnrsodation for many years, and that thirty thousand dollars, in part pnynient,vi3 not set that press free!!!" So f::r;:s the assertions of Mr. Green can go, our first point is made out. He declared the Intelligencer not a free press, bcc.iuso its editors wore heavily indebted to the Bank, and tint the payment of $30,000 had not sot them free. That he was sincere in this opinion ho proved by his own practice. In 15 -!). he h id negociated a loan, wo hrlieve for NlO.OOt, from tho Bank of

th" United States himself, la the fall of

lA year, lie sought to b-j relieved from that

liability for reasons which we will give in his own words. In the Telegraph of December 29, 1S30, may be found the following statements, viz : "The Editor had made an arrangement with the Bank of the United States to advance him upon a mortgage of real estate, a sum wanted to complete his araangements as printer to Congress. After that arrangement was made, he was induced to believe, that the discussion on the renewal of the charter, would come up earlier than he had an licipated, and he opened a negocxalion with a friend in Jew York, to raise the sum necessary to discharge his debt to the Bank of the United Slates. His clerk, charg

ed with his confidential correspondence, knowing his views, happened in Alexandria, and in a casual conversation with the Cashier of the Bank of Alexandria, was informed by the Cashier that the money in his opinion, could be obtained from that Bank. In the course of the negociation thus originated, more than a month after the trans

fer of the deposits to the Bank of the United States, the Editor became satisfied that his notes, in case of the loan being made, would be placed in the Bank of the United States for collection, and the object Jor which the negociation was begun being defeated, the proposition was withdrawn." In the same paper he publishes his letter to the Cashier, dated September 11th, lSiit), withdrawing the application, in which he says : "My object in making an application to your bank for the proposed loan 10,000 was to relieve myself from liability to the Bank of the United States." "As I am induced to believe,

that the object of your bank is to ob

tain such an arrangement as will place me more in the power of the Bank of the United States than I now am, nnd

as I prefer that all my liabilities to that

institution shall be direct, 1 have to ex

press my regret for the trouble I have given you, &c." Green lrad procured a loan of $18,000 from the Bank of the United States ; ho was

induced to believe the discussion, as to the renewal of the charter, would come up sooner than he had anticipated; he did not feel

free to discuss it; to make his press free,

he sought in New York and in Alexandria the means to restore its freedom, and with drew his application from the Bank of Alexandria, because he discovered that tho proposed loan would make him more dependant on the Bank of the United States than he was before. Green has, therefore, proved , both by his precept and practice, that a press whose Editor is heavily indebted to the Bank of the United States, is not a free press. It will be observed, that it was in September, 1829, that Green was seeking the

emancipation of his press from the Bank of

the United States. We have reason to be

lieve, that his object was not long afterwards

fullv encctcd. '1 he tollowin!i extracts will

show what use he made ot his liberty, viz

Weekly Telegraph, Dec. 14, 1829.

'The Bank of the United States, the

nobility of this country, will not per

mit repose. It operates unseen, but it

will be felt in every corner ot the coun

try, and in no place more sensibly than on

the floor of Congress. We thank an

all wise Providence, who has hitherto

protected us, that our Chief Magis

TRATE OWES THIS BANK NOTHING . We believe that its millions will be lavished

upon members of Congress and their con

stituents, to purchase a re-charter and

that when it is obtained, WE SHALL

NO LONGER BE A FREE PEO

PLE. It had its existence in avowed

hostility to brokers. It has become the prince of brokers. It was charter

ed to aid the Government; it has existed upon the Government patronage, and cannot subsist without it. "To this Bank, then, may we expect the defeated Coalition to retreat, and he who supposes that its funds will not be expended for the purpose of fomenting discord in the Republican party, is ignorant of the intrigues of unprincipled ambition, and cannot have examined the rise, progress and termination of the Missouri Question." Jan. 25th, 1830. Bank of thf. United States. We are aware of the great influence which this Institution

can bring to bear upon the legislation of the country, and we are too con vcrsant with the secret springs which give an impuhe to public opinion, to be ignorant of the combinations which have been formed , and are now forming to sustain it. If it be true, that the press is the great palladium of liberty; if the extension of knowledge and the freedom of opinion are essential to the

perpetuily of our Republican form of

Government; it is equally true, that those wlio would revolutionize or subvert this Government, must first purchase in,

or intimidate the press. THE BANK OF THE UNITED STATES HAS PURCHASED IN A PORTION OF THE PUBLIC PRESS. It can penetrate every village and hamlet at will, and 7vill spare no expense to accomplish its ob-

jeet."

May 3d. " The Batik has money, and it HAS PURCHASED PRESSES. It is gradually extending its power, by planting its agents in the shape of Bank Presidents, Cashiers and Directors, in the several States, and it must be put down, if at all, by the sovereign veofle. Believing that the act which renews the charter, WILL PUT AN END TO CIVIL LIBERTY, we shall not hesitate to do our duty." Junc28. Copying an article from the Ilartfort Times, stating that an Extra, containing Mr. McDuihVs Report, sent out with that paper, was paid for by the Bank, the Telegraph says "We ask our readers to look at the materials of which that Report is made

up to the power which it boasts to possess, and to this open and active attempt to operate cn public opinion, and then to ask themselves whether it will not require all the virtue of the

American people to resist its corrupting influence. Who, after this, can doubt that the whole energies of that powerful monopoly will be directed to secure the election of members of Congress pledged if not purchased, to re-charter the Bank?" Aug. 2. "It is now obvious, that the Bank. has entered deeply into the political relations of the country." "It has extended its branches into doubtful districts, and intends to ride on the shoulders of Henry Clay, the Tariff and Internal Improvement, iito the worst of all monopolies, a monied

monopoly consolidating the powers of

the Government in the hands of a few brokers, located in Philadelphia." This was tho honest and fearless language of an emancipated j)rcss. It dared to sav,

that the Bank, "the nobility of this country ;" that "its millions mil be lavished on

members of Congress, and their constitu

ents, to ruRCHASi: a re-ciiahtkh ; ' that it

lad already il purchased in a portion of the

public press;'' that it will "require all the

virtue of the American people to resist its

corrupting influence;" that when a re-

charter is obtained "WE SHALL NO

LONGER BE A FREE PEOPLE;" that

"the act which renews the charter WILL

PUT AN END TO CIVIL LIBERTY;" and that "the poivcrs of Government" will

be consolidated "in the hands of a few brokers in Philadelphia"

Well, the millions of the Bank hare been

"lavished upon the members of Congress

and their constituents to purchase a re-char

ter;" another portion of the public press

"has been purchased in;" an act to renew

the charter has passed both Houses of Congress. To whom are we indebted, that we

can yet say ire arc "a free people!" Who

has arrested that act which would have "put an end to civil liberty ?" Whose patriotism

and fearlessness have prevented "consolida

tion of the powers of the Government in the hands of a few brokers in Philadelphia?"9

President Jackson's. It is h is VETO and

that ALONE

What will prevent the passage of this act

by the next Congress? "What, according to the Telegraph, will preserve "civil liberty," continue us "a free people," and prevent tho "consolidation of our Government in

the hands of a few brokers in Philadelphia?"

The re-election of General Jackson and

that ALONE.

What press is it that is now assiduously

engaged, by every species of defamation and falsehood, in attempting to defeat the

re-election of Gen. Jackson? What picss is it, that is thus laboring to accomplish, by

the only effectual means, the re-charter of tho bank? What press is it, that, according to tho unpurchased opinions of the Telegraph, is attempting to 'put an end to civil liberty' to make us lno longer a free peo

ple'' to 'consolidate the powers of the gov

ernment in the hands oj a jew brokers at Philadelphia? It is the Telegraph itself. By its own showing, it is now engaged with the enemy it denounced, in tho

traitorous warfare against tho liberties of

the American people. Its Editor knows that the chief object of tho present conllict, and the certain consequence of the Bank's victory will be the final passage of an act rechartering it in all its plenitude of power, "and when that is doxe," ho lias himself solemnly declared, "WL SHALL NO LONGER BE A FREE PEOPLE." Why has the Telegraph become not only faithless to its principles, but by its own showing, false to our republican institutions and the liberties of the people ? It is no longer a free press. Its fealty Ins been secured to the bank. It is among "the purchased 2rcsscs." Tho Committee of Investigation have enabled us to identify, not only the fact, but the time of this negociation. See their Jxcport, page 109. All our readers recollect a celebrated

letter irom Green to Mr, Lockce. We co-!

Hence, professing to be epposrd to the bank, it is most zealously attcmotim tn hrln

Washington, 1st. Feb. 1831. "Hon. Abm. Bockcc, Dear Sin: I have frequently and unequivocally declared myself in favor of the re-election of Gen. Jackson and regret that any thing should have caused a suspicion on your mind, that a contingency may arise in which my opiiv ion on that subject may undergo any change. Oelieving that your letter of this date was die tated in a friendly spirit, 1 do not hesitate to say to you in reply, that I am now, as hereto fore, in favor cf the re election of our present Chief Magistrate and intend to support if." "Very respectfully, your friend, "DUFF GREEN." Thus on the first day of February, 1S31, the Telegraph was a "free press." It was at liberty, and its Editor intended to support the re-election of Gen. Jackson, to oppose tho machinations of tho Bank, and preserve tho liberties of the people. Alas! this resolution soon yielded to other counsels. On the second February he was re-elected printer to the House of Representatives, and his re-election by the Senate was already secure, lie was now independent of the Republicans in Congress for two years. Determining! in future to

about the only event which c.t.i sarc it from

instruction; u wears me cutis; ot enmity to the bank, that it nay at ah the bank' ene 7r.ics! Among the enemies of the bank it comes in a mask to destroy their chief! It says to them. "I am also tho enemy of tho bank; but this chief of yours is a bail manyou must cast nil' his authority, discard him destroy him!" Thus the covert enemy comes among the people and raves of devotion to them, wh'Ie his only object is to dc ; stroy the r.nu who, according to his own declaration?, bus preserved their liberties nnd who alone can s.ive thorn from subjection to the influence wielded by the grasping hands of tho Philadelphia brokers. " . . If engaged to serve tho bank, no man cant doubt that tho Telegraph would t.'ko tho most effectual way to" serve it. Ho servra the bank most who docs tho most to defeat tho re-election of Gen. Jackson. The read ers of the Telegraph are chiefly opposed to' tho. bank. It ii not by essays in f uor c f tho bank that they are to be alienated from Gen. Jackson. Tho Telegraph, therefore, atioet

rely upon another interest and another party htJ hostility to the bank, but throwing in oc-

tor support anil emolument, iio now ap- M-uucuung to uirn ouium iromn, proaches the Bank and oilers to enrol tho I ottanptx also ta scrre the hank by carrying Telegraph among its "purchased presses" j '"' readers against the PrcshleU on ether The precise date of Gecn's letter of apili- grounds. It Editor, recently returning

cation to tho Bank docs not appear in the j horn a conference with tho Bmk men i it evidence. Tho following extract of Prcst-! Nevr York and Philadelphia, avowed his in-

dent Biddlc's letter in reply to Mr. Hemp

hill (a great Bank stockholder,) by whom

tcntion, although bo hid then nut a sin'dc

subscriber, to publish twenty thousand copies

Green's letter was forwarded, shows with j f Fxtra Telegraph for t hit teen week?, sullicicnt accuracy, when the application j nlt i avowed object ? To prevent the was made and the amount demanded for tho ! re-election tf Gen. Jttckwu.'U: are tho

arguments to bo used? Not dissertations

in favor of tho Bank, or refutations of tho veto message; but every other argument that can be devised, every slander that cm be raked up from tho columns of corrupt and jtollutcd presses every fiction that can bo invriltrd. wltirb tiviv tv nnv imcl.U! I v

Mr .Green's letter -was 'Probably written on opmc upnn tho cnoV,vs 0f tho Bank and

freedom of the Telegraph. TniLAinaruiA. Feb- 10th, 1851. Dear Sir: I have had the pleasure of receiving your letter of the 8ih instant, enclosing a letter from Mr. Green, expressing bin wish to borrow from the Hank TWENTY THOUSAND DOLLARS

tho 8th, the date of Mr. I IemphillV. Thus,

in one short week alter the date of his letter to Mr. Bockcc docs ho ollW to sacrifice the freedom of his press to tho Bank of tho United States for twenty thousand dollars! Did they purchase? They would not let slip such an opportunity to sccuro to their interest a paper which circulated so widely a-

mong tho Kcpubhcan party. 1 he apphca- j

withdraw them from the support of tho President. What will be, and i3 intended to be, the consequencc3 of?ucce?s? Therecharter o f the Bank in the language of tho Telegraph itself an "end civil liberty" and "the consolidation o f the powers of government in the hands of a few brokers id Philadelphia." Tell US not. thereforr lint iho IVlom-nnli

t,on was "ranted ami tho money ,,.!. y n) , , t,,0 k , j3 ..ronioliiT-l ho hat sccunty they look, , oes nnl appear; t -; li:irltr of tho 1! ink in tho Lly way . ,t but wo may judge of j s.i il .cency ty that ; O,joc, ra ,(0 cl-(Tlcll s , required in the case of Webb. .!,.; r...., . .1 i 1 ,.

Now, was the Telegraph, according to its V v, 7 ' ' , , ' 1 , . , 13 1 ' 1 . i It:? own unboU'Mit onminns. h:is. hv m voin.

preserved the liberties of hi3 country tho

own showing, any longer a "free press?" If "heavy indebtedness of tho'l'ditor to tho

only man who

can Preserve them herealirr.

i aiu, , uepmcu inc rsa mnai tntei .gencer ot V,Klt VMoT t) .f , c r its freedom in 1S30 d,d rot tho Heavy m- hs prcscut warf if Wir or C) , Cl, - in debtedness of tho Editor have ho same ef- r,i ;n ,W4t.;.; , . V , J t feet upon tho Tclcan.pl. in KSil ? If (irecn I . " ' ' 0 felt itneccssary tol.is iVeodo.n in di.eussi,,!. t,'". !.ad","n

in m.iiikiii i.vi v jni:ii. fti "11 T AN il-VD

tho Bank Question in lSvJO, to bo relieved

from a debt to the Bank of ten thousand dollars, in what a condition of doubly abject dependence must he have been conscious

of placing himself in 1S:U, by asking and receiving a loan of twenty thousand? Hav

ing mado this application, after having published his views of tho necessary relation between tho Bank and the Presses, whoso editors are heavily indebted to it, in what other light could it have been considered by tho directors and himself, than a direct ofvr to sacrifice th e freedom of h is press ? Tho express allusions to tho course of his paper in tho correspondence, signifying on his side that he should not change the course of his paper, and on tho other side, an express stipulation that he was still free, might be

put into tuo note if ho required it, only show tho consciousness of tho parties that thev

to civir. i.ir.mirv.'V IWoagre is the account which President Biddlo gives of the negociation with tho Telegraph ; but meagre as it is, it carries upon it face, palpable falsehood and conscious guilt. Bead it, Bank report, pa"o "The 1o:m to Mr. Duff Green was made under the fallo'Viug circumstances: He was printer to Congress nnd had to provide materials for executing his work by the nirctin; of Cc?igrei! But as tho Government does not makj advance?, he wished to raiD the funds by fcmn2 drafts on Iho Clerk of thes House of Representatives, accepted bv him, and alio a mortgage on tome leal rctnl.'

estate.

Whv. Vr (

were assuming new relations towards each Senate four years, and to tho Home of Ko other. Incur attitime, however, was pic-1 preventatives tiro ijtars, whr thi nrpbca

cisely the same as if both had been silent.

"hind me in your golden chains,"' snys Green, "but let me still be free." " i Ye bind you in our golden chains" say the Bank, "but ire do not impair your freedom in the least." So tho willing captive puts on the bright collar and hand-culls, rattles his golden chains and boasts of his freedom and in dependence !! But the Telegraph h-s often since the Sth cf February 1SU1, avowed its opposition to the Bank! Yes, and since that day it has also often avowed it j friendship to General

tion was made. Instead .f bt lint ahoii

meet, Congress was thin in tcs.don and about to adjourn. Instead of preparing in j terials for tho nct s' jion, (irecn had not finished tho buims of that session, r.odrawn the money for it. 1J tbc circum

stances cnunu rated by Buldl are jnlp-jbly false; and false reasons for n auspicious act arc conrlussve roof of conycious yt-ilt, Green had told him 'thvou-h bis oiprrVthat

a picss whose Kditor was heavily imii -bird to the Bank, was not a frcc'nrr.v. lie iiu-

iderstood Green's application fur the vMV

Jackson. Sometimes and indeed, almost j 000 a a proposition to convert ll.o ;V

n inni'n it innfi nit 1,1 i i ,rv .. i . i i .

grapa to the purposes of the li nk; h"glad ly made tho purchase; and now, in dii -.im reasons for it. he blunders like a half (hilled

always hvpocricy is the best means of servin" a bad cause. Tho Tclcuraiih was read nl-

most wholly by Jackson men. A sudden summerset into the ranks of tho opposition, would have shocked its readers, deprived it of their support, and rendered it powerless to do mischief. Pretending friendship for Gen. Jackson, it expected to alienate its readers by degrees and cany them over to tho ranks of tho enemy. Instead of going over a single and profitless deserter, it would than make to the enemy some compensation for the price of its desertion. In like manner,, it has all along pretended to be the enemy of the Bank, throwing in it." hdp occasionally as if extorted by candor, tint it might serve it more rfiectually. If it should have decisivdy and op'nly" espoused tho cause of the hank, after declaring that its re-

charter would pui an end to civil liberty,'' j

its hostility to the republic would have so shocked the moral sense of the people as to cause them to reject the polluted sheet w ith horror and disdain. To retain a particle ot iniluer.ee, and strike at tho President with

witness! It is more than possiUe, that to advances "out of hhj own funds," iho coun try is largely indrhtrd for the JO.OUU lUiiai which are to spread moral and political pestilence through our I muI until the iVvidi ntial election. We bog the American people to por.der well over the lmhought opinions whi'h h. Telegraph has heretofore iitten d about the Bank, and consider what vudivv uuh havo induced ths Kdilor f that paper to vAv a course which ho bijnr.rH' aduiitr, in r.iro of success, "will p-; an end lit (ic'tl liberty," and wc.Le us Umgrr a free j toflc."

py it tint they may rnarK not only its km- somo etfecl, it was necessary that the T.deguagc but its date. gnpj, should afiect' opposition! to tho h u.k

-A letter from a grnth nun in M.-.ntrval, io his friend ia New Yoik dated Auhi'I ., say.--, "It no.v a recorded fart, that ah ut IJ,0(H) hue gone to their rrnvr s since (he 1 1th ofJuiio, in thi? liulo place of le- lira ; 10,000 population, not c it'.inly :il of ("hob ra, hut luueh more than tuo in hh l y tint tiiea.-'o Thanhs to God, i; :.u now l.jj ::aid !o b-' m ;u!y tim ."