Indiana Palladium, Volume 10, Number 20, Lawrenceburg, Dearborn County, 31 May 1834 — Page 1

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Dy David V. Caller. Thrills $3 PER YEAR 331 PER CEXT. DISCOUXT MADE OX ADYAXCE, OR 10! OX HALF YEARLY PAVMEXTS.

V0IL. X.

S3! eowres....ls Session. IN SENATE OF THE UNITED STATES. Executive proceedings of the Senate on the nomination and re-nomination of certain Directors of the Bank of the United Stales. December 17, 1833. The following message was received from the President of the United States, by Mr. Donelson. his Secretary: Washington, December 17, 1833. To the Senate: I nominate James A. Bayard, of Delaware, to be a director in the Bank of the United States, on the part of the Government, for the year 1834, in the place of Saul Alley. And I nominate Peter Wager, Henry D. Gilpin, and John T. Sullivan, of Philadelphia, and Hugh McEIdery, of Baltimore, to the same offices for the year 1934. ANDREW JACKSON. The message was read. Ordered, That it be referred to the committee on finance. January 19, 1834. 3Ir. Webster, from the committee on finance, to whom was referred the message nominating James A. Bayard, and others as directors of the bank of the United States, reported. January 21. The Senate proceeded to consider the message of the 17th December, nominating James A. Bayard, and others, as directors of the Bank of the United States. On the question, "Will the Senate advise and consent to the appointment of James A. Bayard!" It was determined in the affirmative. The remaining nominations being under consideration, On motion of Mr. Clay, The Senate adjourned. " Jantiary 22. The Senate resumed the considera tion of the message nominating James A. BavanL t and others, as directors of the Bank of the United ' ro States; and after debate, The Senate adjourned. February 10. The Senate resumed the consideration of the message nominating James A. Bayard, and others, as directors of the Bank of the United States. Mr. Kane submitted the following motion: Resolved, That the nominations of H. D. Gilpin, John T. Sullivan, Peter Wager, and Hugh McEldery, be re-committed to the committee on finance, with instructions to enquire into their several, qualifications and fitness for the stations to which they have been nominated; also into the truth of all charges preferred bv them against the board nf dirortnrs nf - a t i; l- l 1 i i. i . i eac 01 e saiu nominees auringtne time he may i ..I ! 1 .1 . ' - 1 have acted as director of the said Bank; and that the said nominees have notice of the times and places of the meetings of said committee, and have leave to attend the same. On motion of Mr. Forsyth, Thc yeas and nays being desired by one-fifth of the members present, Those who voted in the. affirmative are, Messrs. Benton, Brown, Forsyth, CJrundy, Hendricks, Hill, Kane, King, of Alabama, Linn, 31cKean, Moore, Morris, Bives, Robinson, Shepley, Tallmadge, Tipton, White, Wilkins, Wright. Those who voted in the negative, are, Messrs. Bell, Bibb, Black, Calhoun, Chambers, Clay, Clayton, Ewing, Frelinghuysen, Kent, King, of Ceorgia, Knight, Mangum, Naudain, Poindexter, Porter, Prentiss, Preston, Bobbins, Silsbee, Smith, Southard, Sprague, Swift, Tomlinson, Tyler, Waggaman, Webster. So the resolution was disagreed to. The question recurring on advising and consenting to the nominations, After debate, The Senate adjourned. February 21. The Senate resumed the consideration of the message nominating James A. Bayard, and others, as directors of thc Bank of the United Sates. On motion of Mr. Mangum, Ordered, That it lie on the table. February 21. On motion of Mr. Webster, The Senate resumed the consideration of the message nominating James A. Bayard, and others. Mr. Morris submitted the following resolution: Resolved, That the nominations of H. I). Oilpin, Peter Wager, John T. Sullivan and Hugh McFldery, bc again referred to the committee on finance, with instructions to inquire whether any objections exist cither against their characters or qualifications to act as directors of the Bank of the United States. On the question to agree thereto, It was determined in the negative. Yeas, 18 Nays, 27. On motion of Mr. Morris, The yeasjandjiays being desired by one-fifth of the Senators present, Those who voted in tho affirmative are. Messrs. Benton, Brown, Forsyth, Orundv, Hill, Kane, King, of Ala., Linn. McKean, Moore, Morris, Uobinson, Shepley, Tallmadge, Tipton, White, ! mucins, " right. j Those who voted in the negative, are. i Messrs. Bell, Bibb, Black, Calhoun, Chambers, ! Clay, Clayton, Living, Frelinghuysen, Hendricks, Kent, Knight, Mangum. Naudain. Poindexter. Porter, Prentiss, Preston, Bobbins, Silsbee, Smith, Sprague, Swia, Tomlinson, Tyler, Waggaman. W ebstcr. So the resolution was rejected. un -ne question, "Will the Senate advise and consent to the appointment of Peter Waer?" Jt was determined in the negative. -V .3VS LM. - Scnatora nrescnt B " 'mulm Those wCvoied ! th IT Hendricis, Hill, Kane. Kinff of Al5 '.;, "a?" n . l. ' . . - '. ' UKlns bright. lnofce who voted in the negative are Mers Bell Kihh r 1 f , .ucsis. JJiDu. l alnoiin. C'limlioa fMajton, Ewtajt. frelinuvse n. KerT .Mangum, ISaudain, Poindexter. IWtPr p?;. J it.iM i . . . w i - ' Preston, Robbins, Silsbee, Smith, Sprague, Swift! Tomlinson, Ty?r, W aggaman, Webster. On the question, "Will the Senate advise and consent to the appointment of Henry D.Gilpin!M It was determined in the negative. Yeas, 20 Nays, 24. The yeas and nays being desired by one-fifth of the Senators present, Those who voted in the affirmative, are, Messrs. Benton, Black, Brown, Forsyth, Grundy, Hendricks, Hill, Kane, King, of Ala., Linn, McKean, Moore, Morris, Robinson, Sheplev, Tallmadge, Tipton, White, Wilkins, Wright. " Those who voted in the negative, are, Messrs. BelL Kihh. C.n . , , AO, Vltt IWincr. I" rPl inrrfiin-c.. Ia' I a Hf

I I

' RwV TiexteT- Portcr entigs, Preston,, Tvler n vi8bee Srai,th' Sprague, Swift, Tomiinson l yler, W aggaman, Webster.

ILAWIREKCEIBIIJRGM, (HA.) ATUKEDAT, MAY 31, 13J1.

On the question, "Will the Senate advise and consent to the appointment of John T. Sullivan?" It was determined in the negative. Yeas 18 - Nays. 27. The yeas and nays being desired by one-fifth of the Senators present, Those who voted in the affirmative, are, Messrs. Benton, Brown, Forsyth, Grundy, Hendricks, Hill, Kane, King, of Ala., Linn, McKane, Morris, Robinson, Shepley, Tallmadge, Tipton, White, Wilkins, Wright. Those who voted in the negative, arc, Messrs. Bell, Bibb, Black. Calhoun. Chambers. Clay,Clayton,Kwing,Frelinghuysen, Kent, Knight, Mangum, Moore, Naudain, Poindexter, Porter, Prentiss, Preston, Robbins,Silsbee, Smith, Sprague, Swift, Tomlinson, Tyler, Waggaman, Webster. On the question, "Will the Senate advise and the Senators present, Those who voted in the affirmative, are, Messrs. Benton, Black, Brown, Forsyth, Grundy, Hendricks, Hill, Kane, King, of Ala. Linn, McKean, Moore, Morris, Robinson, Sheplev, Tallin adgc, Tipton, White, Wilkins, Wright. Those who voted in the negative, are, Messrs. Bell, Bibb, Calhoun, Chambers, Clnv, Clayton, Ewing, Frelinghuysen, Kent, Knight, . . - -- i finn rrT n rn o rwnr i hin t. ti,: i , i. rr l.nl -l-,. I, .i i.. 1 1 . i . . . - .VB, tue auicuae in wincn certain vital m- . 1 . , " j j 1 me gentlemen now re-nom mated ronnirp nf mn . . """"ait,u, require 01 me, frankly, to communicate my views of tho consenuenc.es whirl, must nncc,.!,, 5.11 1, r e : w' i. -ft .....auui mi The characters and standing of these gentlemen 1 are wen Known to the commumtjs and cninently .ces to wImcI. I propose toap"i? .tl,'a,t ! qualified them for theloffices Zu?::"?1 " A 1 nil .-m Z Z:, r ir'T i"" uc" i lime; and unless somethino- has occurred since to . '""'"o otcurreu since to time, and te so h" Z , 1 . " !

consent to the appointment of Hugh McElderyJ" i tneretore deemed necessary, as a men sure of p reIt was determined in the negative. caution, to place at the board, watchful sentinels, cay, 20 Nays, 25. j who should observe its conduct, and to stand ready Iho yeas and nays beincr desired bv one-fifth of :to report to the proper ollicer; of th i:nvnmmnf

-uamrum. ISaudain. l'oindextnr. Pnrtpr Pntioa i amount ol the stork? tnr ;r m-on. .,..m .

i a ' - r a v- i i ' t i - cuai r . kiiiiuid t ii... i - . . : .

Preston, Bobbins, Silsbee, Smith, Sprague, Swift, b0 solJ. and the United States "cease to be a i " "V OI appo.ntingotlieri who would discharge '"y eu to accept that apjiomtment. Tomlinson, Tyler, Waggaman, Webster. " j stockholder altogether, vet, under the charter i dull.s WUh moro flJoli,' to IMlllit- 1 ' ANDUUW J ACKSOX. ytwas, the right to appoint five" directors would still re-1 ,,eve.T ,sulkr u.v one to hold office under me who j Wisiiiwtov Wd It lM Resolved, That the Senate do not advise and con-' "i1"' n 6Uch .ca?. be the character ! w.ould, con'uve al. irruption, or xho should fail to v ' , V... 7 1 " .

sent to the appointment of Peter Waer, Henrv D i V, uVectors- hey would represent no Etock.'S"6 u, nl: wcii ho saw the enemies of liberty 1 1 " ', , , , . ' u' om ,mil u tJilpin, John T.Sullivan, and Huo-h McKlderv as ! , bc cll?scn b' 110 stockholder. Yet they would ! endeavoring to sap tho foundation of our free inbti'-'- r ri'vcd. la reply I have to remark that the directors of the Bank of the United'States. ' ! . a T.1S- l Sit ftt the board' t0 voto on al1 nl,cs- j tutions.und to subject the free people of the United ! ,,.l,0,,uu,li;,,low requested 10 for my own satisfac-

Jlarch 11. The fol owimr mPKKn wnB w;,- uuuiiueu 10 u, and to be made acouainted w th States to t he duminif.ii nfn ,., ,,w,a. 1 nt-iwini 11 extended bevond lTc oor-

m the President of tho United States, by Mr. Don- UC Pr0(;octlinSs of tho corporation. They would ; tion. Anv directors of t!uT bank thorefnro son'il 'owlodge of the Government directors. In

elson, his Secretary: " ' -," 1. , , T be orU,nary directors, chosen by ; migit ue Uppo;ntrj liy thc aovcrnrn.nt a i,n .se ot tho gross violation of tho charter, it is my Worn, March 11, 1834. to their ,tock. But j veirctl J issue h Fciru facias against tho bank. If To the Senate:-! nominate Henry 1). (iilpin, le- i hiere.t and directors hivo don,, lTo wnSy !h 'T" 1 ,i3V0 ,iCari1 be !ru il Pb!y be and H rXrA hn Te$fn' 0f I'fWa. hTh$Z the Siaina v ! cailsc danger ismore im i e , : n7i whl o to do so, and tlioso rumors relate n thoankoV director chosen batool luty to require of them a full detail of ever "IZf 'T U I u sclam al P cuhar a public oflicer who is bound on all Pt of the proceedings of tho corporation, or anv of V d m 1 S r ' v?rvUon lA P0,nf0 ,of ) ou' President officiauM les- ' !? ,rtCCt l lhe V"1"1 f his ,awfuI ' ia ordcr tlal 1 m5ht enabled to de Ji Jo ' ? ' ' " 1 "" 5 "0Ur lT' Ml ?l tion, the reasons of the Senate for 0110- ! ' P,Ubhi. mtereytei d whe his own au-1 whether I should exercise the power ot ordorin- a U ,?Wu V vi ,n Pucular duty, hut mination whatsoever. As the Presided i fa nit e 1 In I? t(? lent injury, to inform scire facias which is reserved to tho Presidency 'f "et IVlI?,r CUUS0 l be ,,ndo lt,ruuS sponsible to them for the reasons which indTe h 11 j rl Un iL?"? "TP XU r lawtul u ure M "y , i tC' thal tQ to make a nomination, so thev are not responsible to Zilos of the character, and such is the , ,hc country migl rc irc, u j b . thorough mvcKtigation which you suggest. him for the reasons which induce them to reject it. I S the he the nubli.8!.010 n,tU 1 i bo doub.ed thafth misconduct of tcor SoS TT'- rcmark' thul founts In these resnert.fi. enol. ;a 5tw1,w r I . s tiier the public be stockholders or not. ' 1..... . .. . u V 1 . V1 .r'u'" granted to nd v dua a. nr.i nr.t .hmn.i

chahsre it, this act mav now hp rfon-ml t o selection. The refusal, however, to confirm their nominations to the same offices, shows that there is something in the conduct of these gentlemen during the last year, which, in the opinion of the Senate, disqualifies them, and as no charge has been made against them as men or citizens, nothing which impeaches the fair private character which they possessed when the Senate gave them their sanction at its last session, and as it moreover appears from the journal of the Senate recently transmitted for my inspection, that it was deemed unnecessary to inquire into their qualifications or character, it is to be inferred that the change, in tho opinion of the Senate, has arisen from the official conduct of these gentlemen. The only circumstances in, their official conduct which have been deemed of sufficient importance to attract public attention, are the two reports made by them to thc Executive Department of the Government, the one bearing date the 22d day of April, and the other the 19th day of August last; both of which reports were communicated to the Senate by the Secretary of the Treasury, with his reasons for removin"the deposites. The truth of the facts stated in these reports, is not, I presume, questioned by any one. The high character and standing of the citizens by whom they were made, prevent anv doubt uoon tho snhWt. In. deed the statements have not been denied bv the i t"v-"u,-'u ui -" "aim, mm mo ouier uirectors. un the contrary, they have insisted that they were authorized to use the money of the bank in the manner sta-! teu in me two reports, and have not denied that the ! charges there made against thc corporation are sub-! stantially tine. It must be taken, therefore, as admitted, that the statcrnentsof the public directors, in the reports above mentioned, are correr.t: nnl thnv .i;arw-0 1M, alarming abuses on the part of the corporation and the most strenuous exertion on their part to put an end to them. They prove that enormous sums were secretly lavished in a manner, and for purposes, that cannot be justified; and that the whole of the immense capital of the bank has been virtually placed at the disposal of a single individual, to "b used, if he thinks proper, to currupt the press, and to control the nrwrro,- r ' . i :..... proceedings of the Government, by exercising an un due influence over elections. ; i no rnnnric icoi-n mm n i nhm i rn tn -.n vM..-.,ni ml. . . ..... . . ! Ie" ""S lor information on the proceedings of 1,10 bank- Wcrc the bol"d disregard the call! i "jrt. .?B?'. ''', destructive tn tin hat intfc rth -nnnlni i 1 Ti - v j ended, gradually and secretly, to subvert the foun - i.a.- J ' , I lTl0 ,V.ve!?nt' t0. I.w: t i-ip iriiiii lilt 1 1 .'1 f 1 r 1 w- rT - T in nnn I 1 r-v o . ntAnin i . - -. ..Mtjwo iji l mi, tirui iir:. I 1 1 a. ' l i.il L ll ll il i it 1 1 corporation? v. fh; ,; ; eii.,... -1--. - - cs - - - - the board, land witness all these abuses without an . "T " . , V r"r. 7" :.: attempt to correct them; or, in case of failure there, not to appeal to hiffUer authority? The eiirhth fun! damental rule authorizes any one ot the directors, whether elected or appointed, who may have been ii, ... . , . J. , , ""ovni uc an excess oi tleht was rreatetl or who , . ul uiui us iiiuicu, ui wjiu may have dissented from thn art in pvnnpratfl him - w-.-w uv, V ...... ( seit trom personal responsibility, by giving notice of, mc mei. 10 me i" resilient recognizing the propriety waicer me proceedings of correct all illegal proceedinVr and I in ce of failure, to disclose them an whether elected by The "o'c the Government, who bad knowledge 0f the facts,

ciiauge u, iius act mav now be referrptl to fv.i. i , , t.. .j.v...dencl that their talent aud purius u.td thel; ! TnmmhZT wbich ",iSht otl,erwisc i

thfi hnnr,! Jn nrli nnsPS.- fim,.VUi i ie puui.c BllU not W Uie to SUDDOSO lliat tilC

and concealed them, would be justly amenable to the the severest censure. s But in the case of thepublic directors, it was their peculiar and official duty to make the disclosures; and the call upon them for information, could not have been disregarded without a flagrant breach ot their trut. The directors appointed by the Uni-

leuotaies cannot be regarded in the light of the oruinary directors of a bank, i 1,,J 1 1 i . . . tors of a bank, appointed by the stock- , uui.1Scu wun tno care ot their pecunia ry miereais in trie corporation. Thev have higher and more important duties. They are public officers. 1 nev are nl represent the stock held by the United States, but to observe the conduct of the corporation, and to watch over the public interests. t was foreseen that this great moneyed monopoly might be so managed as to euuaii'r uie interest ol tK vvuuu 9 unit every act of the board which might affect injuriously the interests of the people. The whole frame of the charter. u-nli a j manner of their appointment, proves this to be their ;truc character. The United State are not repre- : senteii at the board of these directors merely on acritrht nt tiio i X- Government. The I - - w.iu ouuci, io appoint uirectors, and j 1 1 ".i miiuuer appoinieu. do lint i Pnon. i,,,,,,. " - 1 ' v - I ' V W i 1 1 v. . i . i i n i n'i t i' (lT ti. ,t x . i - i " v..v, m n.w I'lnitii auu uui 1 iiii-m: re ir s nni'iTii'no n 1 ...... uiibuviiL Ml U RLU Th U Tho m,?n f ti.Q; v. kucu oii)i)iinnn;ui, aim int'ir tenure 1 ui jiu. u. juiiuriii una nnjit imi "i-irk.. . .. .i .1 v i.. U1C o(. muu ; hice other o hcers nf tl.n :,,,.,, -.i t, ti,n cn mo fiiith!. 'IM i 1 1 . - u v.wiv.tiiiiiL. UllU Li T i " . ,"""ul,lJ uo not noiu their omces irre l.-Uil' .tf . 1 vocauiv, a vear after thpir annointment: on the ; liabl wW..k.u.T, me t-jiprfss icrnis 01 up. law. t ipv nrn nrtrnr K.r V. . , .. ! e to be removed from nftlro t nv .i, w i Psidcnt, w ,d, ' the public inter est shall require t. In t ! ! Spec t erefor" in ! Object can bo co.Xed. S i ;.iof : J . .. v , tte subieet can be considered, i ,ta oVide i lhllt ecoT, tppoiMei by u United StMc. ' "r.to be ei public officers, who are placed : ti, Ponc omcers, who are placcu there in order to nhsorv tho PAnri,.,.t .. ry.any proceedings of the board by which the public lmeresi may he miunouslv affected. Tho President

cd on behalf of the United S aLs t i, " bv m slv I "Y! 1 'C Vuc 'veu.spiayeu entitle them jot expenses kept

their duty to resist, and, in case of failure, to report j , 7 ? ' ' ft ?UllU)'' , , 1,10 d.iviJcml to the lrcsidont frt ti. r ' l l not miitake the princm cs on which von hnvn h wl

may order a .scire facias against the bank for a vio-! "reach of duty; and, in their judgment, the tncaslation of its charter, and the Secretary of tho Trea- urcs which they took to obtain the information, and sury is empowered to direct the monev of the United their efforts to put an cud to the practices disclosed Mates to be deposited elsewhere, when, in his judg- and tho reports thev lrtvo made to tho Kxccutive.

Tho uireaors of tlhS tTT if t0 dnC" . Vi 5'fec t?rd0t.fhl! bank, like all others, are accustomea to sit with closed A fli'iN unit Ai rtrtt Ffnrrt their proceed infs tn mnv tr ment. o t uvputbuiviu 01 1 1 11; uuttiir quires to be made to the Treasury Department, gives nothing more than a general statement of its pecuniary condition, and, of that, but an imperfect one. For, although it shows the amount loaned at the bank audits different branches, it does not show the condition of its debtors, nor the circumstances under which the loans were made. It does not show whether they were, in truth, accommodations granted in the regular and ordinary course of business upon fair banking principles, or from other motives. Under the name of loans, advances may bc made to persons notoriously insolvent, for the most cor rupt ana improper purposes, and a course of proceed in may be adopted in violation of its charter, while. ui us monthly statement, everv thim i woulu appear to be fair and correct. ' e 1Iow thcn is the executive branch of the (Jovern "?ni 10 income acquainted with the official conduct of tho public directors, or the abuses practised bv the j corporation for its private ends, and in violation of I xUxy the public.' The power of displacing the ! JU"UC sectors, and that of issuing a scire facias, ! antl of removing the depositee, were not intended to I ? anJ nugatory provisions, without tho means ot enforcement. Yet thev must bo wholly inonorn tive and useless, unless there bo some means bv which the official conduct of the public directors, anil the abuses of power on tiie part of the corporation, I , t0 ,he a-Vi"6!1 .ov ! 111 LV, that 1 jretaryof the Ireasurv may ue Drought to the knowledge of the Executive ernment. the power is given to the Secreasury to examine himself, or bv his j authorized agent, into the conduct and condition of itllPlkilnt-l 'I'll a r, , T. 1, . . - . , . ' i . -- i auswer ia ouvious. n couiu not i him which eve uA iZ Z'-'-' VB . , "."ke "uch a General t , V ' o ' . I in the complex concerns and accounts' o? o tank il Ta ? . V . . . it is inueea the duty of everv director to rvivp In. ; formation of Rmp t airecior to gi e mwuJiauyil OI SUCH 111 SfOTnlurt nn thf t?t tf ln ! board- Hut the power to iSSue a c fT.; A Z ii-uiuic uic uen , . - w . u vvr : ,. i,yjol3 presupposes mai me directors rit itiaita t. .1 r-.A- j. . . 1 cie"eu y the stockholders mmht abuse their nower: and ; to rely on these m. Z T 7 I L.VL?" th,e same direr tors togi it cannot bc presumed that Congress intended ' v liuormaiion oi i : a . r , ! earned to rely on th. T overnintent l3,not,R j his office 7t w d'SCl :"10 yinict, it was intended thnt thp nnu-or i ac a i . t-w.,, a scire taciaa nml romr,,-,, u j i uuposiies, biioum De aiana effective. The necessary means of infor - U.I UllU I mation, w . i . r a DKmuitia ui iiio uuaiu,; l l IZUT Ti power in rderthat due measures 6ouId be taken to punish or correct it; and, in like Al l ?lleJ UP,n' iu-theS COnduct' twcll") c me management ot the institution.

ot the United States; thus flVe officers of ih nV, A . ""a i11' tt m - -r- -'. ; b of communicating to that ; usual n appointed in the i at their pleasure ; and if

v..w, l icil'i ire. nmru nil m tim ni.o.t. i min inn in nn u ni inn

It was perhaps, scarcely necessary to present to the Senate these views of the powers of the Executive, and of the duties of the five directors appointed by the United States. But the bank is believed to be now striving to obtain for itself the Government of the country, and is seeking, by now and strained constructions, to wrest from the hand of the constituted authorities the salutary control reserved by me charter. And as misrepresentation is one of its most usual weapons of attack, I have deemed it my duty to put before the Senate in a manner not to be misunderstood, the principles on which I have acted. Entertaining, as I do, a solemn conviction of the truth of these principles, I must adhere to them, and act upon them, will! constancy and firmness. Aware, as I now am, of the dangerous machinations of the bank, it is more than ever my duty to be vigilant in guarding the rights of the people from the impending danger. And I should feel that I ought to forfeit the confidence w iih which my countrymen have honored me, if I did not remind regular and iuu itpoii3 oi every tlung in the proceedings of the ! bankcalculitedtoallcct injuimusly the public inter- j csts, from tho public directors; and if the directors! r..i . r ' . . . . - . should Lil to give the information culled for. ji! would be mv y imperious duty tu e xercise the jiowcr nine by the law of removing them from - - LIL I. I I I I I I I I I I I II. I IIIII 111 1111 Till! r. ... a - - s - j ui a iiuuj 1. 111111 j'i'iiiiiir ;n 11111 1 n n pii i .1 1 riAi I IIIV UU.tlVI UI l ILL1UI3. Tim l.nnr.l n i i ... .1 . " . -w.w, ,n.v. wiuu mi uv mu woven mi' 11 rf'i'if .r rtinumi tn .-. , . 4 n : . "immu on lummy or require nn nronum ...- ti. 1, -1 1 14IIU IliU IIIIfllM it I 1 1 1 1 II f 1 1 1 I I V IUrt I '1 1 1 n f .1 I ... . . . J . wnthn mil v rnr I 11 I. iL I. ,1 " . i 11 ? - - - . M " I . . V. a. ... I I itj l.llll.l oil h u.i,i k .a. 1 . .i .1 1. .. " " . " wwm.u ll UUIIIII IIIC HUlll Oil f .1: . . . , -ciors 10 g.ve intormat.on, and hi me same time denv 1 hn irimii rf (li,ig;n!ni. ,h WIJ ? It ouul bo but nuother mode ofenablin" the b:ink ..ceal i.s proceeding,, ami practice with inu !" J " corruptlon. In the moJo ofoltaini. Ih, "..umwi uu, u.ereiore, anu in their ttlorts to put an end in i , ne n :.. mlormation, therefore, and in their ttlbr. u-uuu,ua asm reouiimg ,hc?" 0l'"'0 h, lurs was ju'diciou j.m.-nuuni, juiu me iioncsiv, lunuicgs, nnu I , fecn?1? J've recently rejected them, the con- ! ,,uul "uu " 1 uecm worthy ot praise they treat aa a U" in a lheir arc onence.andsunno5r(l to rrnn-m .nn L;0:.. of strong disipprobation. If tho views of thc Senato bc i-uchas 1 have supposed, the difficulty of sending to tho Senate any other names than those of tho hte directors will bo at once apparent. I cannot consent to place before the Senato tho name of any one who is not prepared with firmness and honesty to dischargo thc duties of a public director in tho manner they were fulfilled by those whom tho senato have refused to confirm. If, for performing' a duty lawfullyjreijuircd of them by tho Fxecutive, they are to bc punished by thc subsequent rejection of the Senate, it would not only be useless but cruel to placo men of character and honor in that situation, if even such men could be found to accept it. If they failed to givo thc required information, or to tako proper measures to obtain it, they would be removed by tho Hxecutive. If thev gave the information, and took proper measures to obtain it, they would upon the next nomination, be rejected by the Senate. It would bc unjust in me to placo any other citizen in the predicament in which this unlookcd for decision of the Senate has placed the estimable and honorable men who were directors during the last year. If I am not in error in relation to tho nrinelnlr upon which these gentlemen have been rejected, theneccssiry consequence will be that tho bank will hereafter be without Government directors, and the people of the United States must be deprived of their chief means of protection against it nb..anQ. J for, whatever conflicting opinions mav etisi ni.! , . ... j 1,10 riht ot tho Uirectors appointed in Januarv. 1833 11.. iM . . ... '. iu "iu Kt ur uiuu new appoin ppointments shall bo made, "-"J,u " 'urce, tuey cannot, with propr ei ,'' ""'P1 10 CXCrc,9 such a l'ow" In ho l.ie- ! ,bo cnUel ecluall to accomplish lhe ohject it iias uccii bo long enueavonng to attain, its exchange committees, and its delegated powers to its president, miy hereafter be dispensed with, without incurring tho danger of exposing its proceedings to the public view. The sentinels which the law had placed at its board can no longer appear there. Justice to myself, and to the faithful oflicers by .i it- i i ii i .. ers by orably whom the public has been so well and so hon snrvpd u-itlintit romnensaiioii or rfu'.in i i... 1 .ct vrnr Inc rfriiiimil (if ion lliic TnU r . U0 i - iuu aitu lldUK CX - . . : noe.tinri nf inv mnlivr3 for nnn.mn nn .1 w- --v w iiiuin again, ! after rejection by the Senate. I repeat, that I do not donate to confirm or reject there had been any reason rejection, in thi rio hn,i ... . . - , . - ' -- "Ul oeeii nroiiucfui iv sntnn rincn i i wey e, i iiiouiU liavo cheerfully acquiesced, and attempted to find others who would 1 C3nn0t C0 W0lht 'ectornof thobank to bothesubervicnt instruments, or silent spectators, of its abuses and

corruptions; nor can I ask honorable men to undertake the thankless duty, with tho certain prospect of being rebuked b the Senate for its faithful performance in pursuance of the lawful directions of the Executive. I repeat, that I do not claim a right to inquire into, or oflicially to censure, the acts of the Senate. But the situation in which the inqHiilant interest of tho American jcojlo vested iu tho Bank of tho United Stutcs, aud articled by arrangements, must necussiiily be Lft, by the rejection of tho gentlemen now renominated, las made it my duty to give this explanation to tho Senate, and submit tho matter to their consideration. If it sh:ill bo determined by the Senate that ail tho channel! of information in relation to tho corrupt proceedings of this dangerous corporation shall bo cut otV, aud tho (lovornmcnt and country left exposed to its unrestrained machination! against tho purity of the press and public libeity, I shall, after having made this rilbrt to avert so great an evil, rest for the justification of mvoi.iciaIrourif

" . I . . "... . . ' XViUl respecuui Cuutidcncr, on the judgment of the American people. 1,1 conclusion, it b pronr ! should inform tho Senate that there is now no (loveinmcut diructo ariK,,U!4 lor tho present year; .Mr. Bayaid, vsh(. waa nominated and confirmed by tho Senate, lavI . i iin I iir-vart -- .1 1 . 1 .1 1 I I'll . . 1 - t . v v i 1 1 arc BO carctuiiy cnardcU: but that i.rov n on cmW ,,...1 . ,1 r, ,. : v - uhu viiuuui uituuii 1 ui 1 1111 1v.:.itl.,i e ,1,., 1 . . . r .t 1 . n Muual s on the books of the Lank, ll uhv discount ( bo corruptly or improperly granted, it is not only 1 ...... . 1 1 . 1 . . . . . . .. . . . i . J --- .. luecmcu riglit, but, 111 aL'Uravatcd cases, lho dutvuf !.! . . . w . 111 10 (ioveiiiment directors to communicate the facta to the (.government. I am, gentlemen, with great respect, Your obedient servant, ,n AXDUKW JACKSOX. Iu Messrs. Sullivan, Giui. iV. W.u.ek, I'nitvd States Rank Directors. Kip Raw, August Ut 183. itaitc:ncn: I am mloimtd that thcro ia l.L at the bank, which comes before committee semi-annually. If any of I, or can have, access to that book. 1 should be ghd to learn what were tho expenses of the hst year, and also tho preceding year, and for what particulars incurred. AU directors have tt right to sec and inspect this look; and if it is refused to the Ciovcrmncnt director?, report the eamo to inc. Mr, Walsh admitted, in h!s paper, that his publisher had received about $l,Oi.O for printing mwapapers, calculated to operate on thc election. Thi leads mu to bclievo that a considerable aum of tho expense of tho bank has been iucurrcd in this way. As it is my duty to sco that the funds ofjlhe Government, cntiustod to this iiiMitution, arc not milapplied, and as it ia your duty, as tho representatives of the Government in tho board of director!, to furnish tho Executive branch of tho Government with such information as will enable it to act understandingly in protecting and guarding its interests, I desire- th it you will obtain and furnish tno a statement ot the bank account of expense?. They can in no sense bo considered j t iruW accounts.-l-They arc tho accounts of a public institution' expenditures, upon tho honest and prnjicr appropriation of which must depend, to bomu extent, tho confidence which tho administrators of the Government may feel at liberty to repose in it. 1 should consider it proper, and ctenrtour duty, if an examination of these accounts should bo denied by the ollicer keeping them, to demand auuw of them by a motion al the board of directors. If it be refused, then report tho eamo forthwith to me; and, at tho same time, givo mo all tho information and knowledge in regard to these accounts which you may have acquired in the discharge of your duly aa directors. I am, gentlemen, with great respect, Your most obedient servant, ANDPvKW JACKSON. Messrs. .Sillivav, Gilm.v, & Wager, United States? Rank Directors. Tho rne6s.go and the documents thereon referred to, were read. A motion was made by Mr. Preston, that the same bc printed, in confidence, fur the use of the Senate: whereupon, On motion by Mr. Poindexter, Tho Senate adjourned. March 22. Tho Senate resumed the consideration of the message of tho 11th instant, renominating Henry D. Gilpin, and others, as bank directors. Mr. Preston withdrew his motion mad tho llth instant for tho printing thereof. On motion by Mr. Webster. I Ordered, That tho message to referred to tho ; Committeo on Finance. May 1. .Mr. Tyler, from tho Committee on Finance, to wliom was referred thc message of lhe President of tho Unitod States of tho llth of March, renominating Henry I). Gilpin, Peter Wager, JohnT. Sullivan, and Hugh McEldcry, as directors of tho Bank of tho Unitod States, submitted the following report : The committeo have bestowed upon the subjec tho reflection which respect for tho Chief Magistrate would at all time command. Tho President , at an early day of the session, submitted hii nomination to the Sonato of fivo persons as diroctora of thc Bank of tho United Statu. To one of theso nominations the Senate assented, and the psrsoi nominated was appointed. In regard to tho four