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and counsellors for the bank are not in the ability to make loans to the Government the amount given.

influence of the operations of the bank upon The committee addressed the following in-trade-on the increase of the paper circulaquiry to the president of the bank, believing tion of the bank-its agency in diminishing or that it involved a fact which will be useful to enlarging the circulation of local banks, andCongress in its future legislativn on the subject the means of permanently regulating our geneof its charter:

ral circulation, so as to prevent its injurious ef“Did Mr. Ellsworth, or any one else of the fects upon the trade and currency of the coun State of Connecticut, as assessors of taxes of try; all matters of vital importance in the reorthat State, write to request you to give him a ganization of the bank; concerning which, the list of stockholders belonging to that State, for committee submitted a number of inquires to the purpose of taxing them according to a law the president of the bank, who has not been thereof?"

able, from the press of other indispensable duThe president replied: “In December, 1829, ties, to answer; and which queries are appended Henry L. Ellsworth, of Hartford, in Connecti- to this report. The investigations, however, cut

, addressed a letter to me, requesting to be which have been made, imperfect as they were, furnished with a list of the stockholders of the fully justify the committee in saying, that the bank residing in Connecticut, for the purpose bank ought not, at present, to be rechartered. of taxing the stock. The request was declined It is pbvious, from the statements submitted, for reasons which will appear in the correspon- and the correspondence with the treasury condence hereunto annexed;" to which the com- cerning the public debt, and the fluctuations of mittee refer, marked No. 43.

the revenue of Government, that these have The committee, in calling for various state- hitherto essentially affected the general circulaments, hare collected a number of useful docu- tion and operations of the Bank of the United ments

, not referable to any particular head, but States. It would, therefore, seem to your com. as containing a mass of useful information, they mittee to be most judicious not to act upon the present them to the House, subject to their fu- question of rechartering that institution, or of ture order, and, if found necessary, to be ap- chartering any other national bank, until the pended to this report, when it, together with public debt stall have been paid off, and the the papers to which it refers, shall be published. public revenue shall have been adjusted to the

The majority of the committee feel authori. measure of our federal expenditures.
sed to state that they have not been able to give
even the parent bank that investigation which THE GLOBE AND MR. ADAMS.
its extensive operations deserve, much less the

On Tuesday, we said:
branches in some of which there have been
subjects of complaint, but which they have been

“The Globe of yesterday claims Mr. Adams compelled to abandon for the want of time.

as the advocate of the measures of the adminis. The committee that investigated the affairs tration. Who could have believed that Gen. of the bank in 1819,

when it had been but two Jackson would have purchased the eulogies of years in operation, with its business much less an insolveut partisan of Henry Clay, or that he extended than at present, were engaged, as it would have been reduced to a dependance would seem from the records of that day, from upon the support of John Q. Adams), the 30th of November to the 16th of January,

We regret to learn, that some of our readers before they reported, and then they had not have applied the term “insolent partisan," to made as thorough an examination as the transactions of the institution seemed to require. At Mr. Adams. It refers expressly to the Editor the present time, „with a greatly enlarged bu- of the Globe; and our article expressly repusiness of sixteen years' accumulation, and twen- diates the idea that Mr. Adams is, or will ty-five branches, whose operations have been consent to be, a partisan of Mr. Clay. charged witlr signal instances of irregularity, the bank requires a much more minute examina

Mr. Adams, in the remarks for which he is tion than the committee have been able to give it. eulogised by the Globe, vindicated his own There have been many statements called for measures. In this, he was consistent; but which the business of the bank and the short. what must be the humiliation of Gen. Jackson, ness of the time allowed for the investigation, when he is compelled to seize upon such a would not admit to be furnished. The committee were particularly desirous of ascertain- vindication of the late administration as a jusing how far the payment of the public debt, tification for the violation of the principles on and throughout the whole term of the exist-) which he came into power? It is truly, as Mr. ence of the bank, affected its operations, and called for all the resolutions and correspondence Adams says, a political turnstile. We have relating to that subject since 1817, but have got back to the place from which we started: only received such as related to the three per we have changed rulers, but not principles, yet cent. loan, and the circular of the 7th of October last.

we are told that this is reform! Who, that has on the subject of specie payments, domestic any regard for his character or that of his and foreign exchange, investments in public country does not pity the condition of General debt, by the bank, in 1824 and 1825, and its Jackson?

TABLE referred to in the report of the Select

A STRANGE FACT. Committee appointed to examine into the affairs We have said that the pensioned press act of the Bank of the United States.

upon the axiom, that it matters not how bad the act, it can be cured by the comment. No matter how correct, it can be damned by the comment; for com ñent can make vice, virtue, and virtue, vice. Thus instead of giving to the public the report of the Secretary of the Trea. şury, and the bill which is to compromise the tariff, acting out its principle, the Globe sup.

presses the official documents, and gives garb18 led extracts and false comments. Yet all the

collar men, Thomas Ritchie and all, must throw up their caps and huzza "admirable" tariff, most “judicious" tarif!!!

THE UNITED STATES! TELEGRAPH

19 PRINTED AT

..$ 10 00

.., 2 50

Washington City, upon the following Terms
Daily paper, per annum.....
Country paper, (three times a week dur.

ing the session, and semi-weekly during
the recess of Congresso....

5 00 for six months,

300 Weekly paper,..

Payable in advance. A failure to notify the Editor of an intention o discontinue, will be considered as a renewal of the subscription, which will not be discon tinued, except at the option of the Editor, unti all arréarages are paid.

Where five or more subscribera, at one posle office, unite and remit, at the same time, two dollars dach, that sum will entitle each to receive the weekly paper for one year,

The price of the weekly paper being two dollars and fifty cents, cannot be remitted by mail. To avoid this inconvenience the receipt of any Postmaster will be considered as cash; and all Postmasters receiving money on but account, will be recognised as Agents to remit the same in convenient sums,

Annual advertising customers will receive : daily paper, and the use of one square, renewa. ble once a week for one year, at fifty dollars: new advertisements to bave at least one jmser tion in the inner form of the country paper.

Advertisements in the daily and country, at one dollar per square, for the first three, and twenty-five cents for each subsequeht continu, ous insertion. No advertisement for less then one dollar. All material alterations are considered as new advertisements. Each distant of der for an advertisement must be accompanied by the casb, or enclosed through some

nown Anecdote.-A worthy old sea captain of our responsible person. acquaintance once took on board a large num All money due us, may be transmitted, at our ber of passengers at a port in the Emeral Isle, risk, by mail. In all cases the postage must to bring them to this country. On approaching be paid by our correspondents. This item of our coast she as usual sounded, but found no our expenditure is onerous in the extreme. bottom. And did ye strike the ground, cap Advertisements in the weekly, at the rate of tain,'inquired one of the Irishmen. No, was one dollar for the first insertion, not exceeding the reply. And will ye be so good as to tell one square. Each subsequent insertion fifty us,' rejoined Pat, how near ye came to it?' cents per square.

Due in Europe.
1,908,706 37

173,072 80
596,482 99

499,517 04
1,665,083 69
1,130,941 13

876,648 00
445,320 23
356,007 31

168,372 72

1,876,802 39 5,792,871 40 2,049,212 72

Deposites. 6,374,907 53 6,581,929 49

6,147,610 69
8,214,885 10 12,484,420 16
8,348,421 82 8,682,734 85
7,286,069 49 9,134,038 14
5,615,024 91 | 5,658,935 72
5,083,613.40 5,424,707 87
Circulation.
6,563,750 19
6,441,407 17

6,829,690 21
2,541,072 90 19,854,881 39 8,713,951 05 12,986,543 83
2,080,442 33 35,811,623 96 22,399,447 52 15,584,938 43
2,171,676 31 40,621,211 18 24,630,747 60. 17,997,689 57 1,447,748 68
2,836,900 40° 42,118,452 13 23,717,441 10-17,056,386 69

Issues,
2,048, 108 08 13,719,828 495,994,301 17
1,877,909 13 13,719,828 49

1,999,537 84 13,719,828 49 2,780,728 15 2,838,632 19 (19,622,881 39

1,749,951 40 13,867,828 49 1,830,514 55 14,068,138 49 Notes of other

banks.
7,393,049 122,176,928 92 1,974,037 01 (19,968,934 15
7,393,049 12 2,389,626 28 2,039,001 58 19,989,618 07
7,139,485 362,510,371 27 1,415,580 35 14,084, 138 49

Specie.

2,818,208 96
7,322,823 64 2,053,622 90
7,160,210 71 2,104,739 53
7,139,485 36 | 2,283,882 49.

1.6,799,753 63
2,200 00 7,038,823 12
Funded debt.
9,430,926 60
7,425,549 12

7,391,823 64
September 1, 3,497,681 06 11,545,116 51

7,391,823 64

None
1818
September,
October,
November,
December,

1819
January,
February,
March,
April,
January 1,
April 1,

1831 May, June,

1832

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VOL. VI..............BY DUFF GREEN..$2.50 PER ANNUM................No. 7.

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EDITORIAL

through this press. He has never written any

article whatever, so far as we know, for the The editor of the Baltimore Republican, who, Telegraph. It is, however, a strong corroboin 1824, was the editor of the Delaware Ga. ration of the statemeat of our correspondent, zette, denies that Mr. McLane was the writer that Mr. Harker should attribute his communi of the letters published in that Gazette in cation to so distinguished an authority. The 1824, under the signature of “A Citizen of Hon. Senator knows, as does his colleague and Delaware," and attributes the communication the representative from Delaware, that the of "Another Citizen of Delaware,” to the communications in question have always been bonorable Mr. Clayton The Baltimore Re. attributed to the present Secretary of the Trea publican was the property of the present sury, and if either of those gentiemen will say Naval Officer of Baltimore; when he was reward. that we have done Mr. McLane injustice by ed, it was assigned to Mr. Saunderson. When holding bim responsible as the writer, we will it became necessary to make a new tack, cheerfully make the amende honorable. But if and to assail Mr. Calhoun, Mr. Saunderson not neither of them will come forward, and we are answering their purposes, it was wrested from confident that neither of them will do so, we him by virtue of a mortgage, and transferred to must still consider Mr. McLane

as the writer, and Messrs

. Bines and Wilson. Another step be treat him as such. The billingsgate of the Globe came necessary. Mr. Wilson, the editor, did in relation to Mr. Calhoun and his friends, is in not go far enough to suit the Secretary of the the accustomed strain of that press, and unTreasury

, who contemplates, in case of a loss of worthy of a reply. power, to remove to Baltimore; he wanted a special organ there, and Mr. Wilson transfer The object of the assaults made upon this red the Baltimore Republican to Mr. Harker, press by the Hon. Mr. Patton, in the House of its present editor and nominal proprietor, and Representatives, is now palpable. He would the individual who for years has been the Sec. have suppressed the publication of all the eviretary's oracle. Employed for that purpose, dence, and also of the debate upon the it was to be expected that the Republican outrage committed by Houston, until after would deny whatever the interest of the Secre. the trial, while the organised band of letter tary requires him to deny. But in this case the writers, and the pensioned press, would have manner of the denial convicts him and the Se-i preoccupied the public mind. He would have Cretary. When the communications in ques suspended the publication of the evidence untion were first attributed by us to Mr. McLane, til after the interest excited by the enormity of the Republican equivocated, and said it would the outrage had subsidel, while the trained be “unjust to charge him as the author, and corps were manufacturing public sentiment,” not until the extracts were quoted, and Mr. to be thrown back upon Congress itself, preMcLane felt it necessary to purge himself in paratory to the acquittal of the offender. the eyes of the President, did his old oracle Accordingly, the Richmond Enquirer, the deny that he was the writer. But who will be. Baltimore Republican, the Courier and Enquilieve Mr. Harker now? These communications rer, the Columbus Sentinel, the Cincinnati Rewere published in 1824; they were published publican and Advertiser, the Louisville Adver. at the time in a paper known to be Mr. Mc- tiser, the Frankfort Argus, the Albany Argus, Lane's organ; they were then, and always and their associates, have justified Houston and after, attributed to Mr. McLane by his friends; donounced

Mr. Stanbery as a slanderer. The they conforned to his private conversations object has been to put Mr. Stanberry, and not and declarations, and it will not do to come Houston, on his trial. But this will not do. forward at this day, and deny what was Mr. Stanberry can prove all that he has said then claimed as a merit. We have no doubi and more. of the truth of what we have heard upon this We have no expectation that the report of a subject. The proof is already such as to satisfy committee can be obtained, sustaining what he all disinterested persons of the truth of what has said; but if a committee be appointed, and we have said, and before we are done with witnesses are fairly and fully examined, the this matter, the honorable Secretary will re-evidence convicting Eaton of an intention to quire other and still further denials. give Houston a fraudulent contract, will be The Baltimore Republican undertakes to such as to satisfy, an intelligent public.charge that our correspondent is the honorable Mr. Stanbery has said, that all that he wants Mr. Clayton. This is untrue, not withstanding to enable him to prove the fraudulent intenIt is copied into the official paper. Mr. Clay tion, is compulsory process, to compel the ten is not the author of this or any other com. attendance of witnesses. Mr. Polk has pledged munication which has been given to the public himself to move for an investigation; why bas

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be not fulfilled his pledge? It will not do to mate and constitutional wants of the Govern.
say, that other business has precedence. This ment. The report on the contrary abandons
is a matter in which the integrity of the admi the ad valorem principle almost entirely, and
nistration is involved; and we venture to affirm, adopts specific duties, some of which instead of
that if the friends of the administration ask for Mr. Ritchie's maximumn of 20 to 25 per cent.
the inquiry, it will be granted. We have for range upwards of 100 per cent., and the aver-
borne to press the evieence within our reach, age of the protective duties' will, we have no
because we considered Mr. Polk pledged doubt, taking into consideration all circumstan.
to ask for an investigation If he does not ces, average at least 45 per cent. fully double
do so, we will take the guilt of the parties Mr. Ritchie's maximum.
as confessed. If he does urge it, all that To this must be added the new, dangerous,
we have said will be fully sustained by the and unconstitutional principle of a protective
most conclusive testimony. Certainly, as far as BOUNTY, a protective auction, a protective va-
the examination has progressed, Mr. Stan- luation in this country, (since corrected by the
bery's statement is fully sustained. The at- Secretary,) and the oppressive and monopoliz.
tempt of the pensioned press to justify Houston, ing scheme of cash payments, which we under-
on the ground that he was slandered by Mr. stand, some of the intelligent manufacturers
Stambery, will be made to recoil on his advo. estimated to be worth from 10 tu 15 per cent.
cates. of the matter before the House, which to them.
is the assault upon one of its members, we do Between his previous commitment, and the
not speak; but we do assert, that there is no report of the Secretary, which are so opposed,
candid man, unprejudiced by party, who has Mr. Ritchie, iş put to the utmost shift to pre-
read the evidence already given, can doubt the serve a show of consistency, and maintain his
truth of the charge alleged against Eaton and allegiance to the powers that be.” To come
Houston; and if presented fairly and freely, out at once, throw up his cap, and laud the re-
there will not be a loop to hang a doubt upon. port would be too strangely inconsistent-tbat

he, therefore, leaves to his Washington corres.
By a typographical error of the 7th ints-, we pondent, who doubtless is Thomas Ritchie,
were made to date the celebrated woollens bill speaking in another character.
in 1816, instead of 1826. By a reference to The difficulty on the other side is not less
the Journal, page 245, we find that it was laid embarrassing--to come out manfully--in main-
on the table, February 28, 1827. The yeas tainenance of the position he had taken--to
and nays were as follows:

condemn the report as unconstitutional and ex. Yeas-Messrs. Benton, Berrien, Bouligny, tation Sta:es, and as courting the interests of

travagant, as sacrificing the interest of the plan.
Branch, Chambers, Clayton, Cobb, Eaton the monopolists at their expense, would have
Hayne, Johnson, of Kentucky, Kane, Macon, been a forfeiture of his claims upon those in
Randolph, Reed, Ridgely, Rowan, Smith, of
Maryland, Smith of South Carolina, Tazewell, power. In this dilemma, he takes his usual

With a show of candor, be condemns and White-20.

Nais-Messrs. Barton, Bell, Chandler, Dick parts of the report in a feint tone; with a view, erson, Edwards, Findlay, Harrison, Hendricks, doubtless, lo be retracted hereafter, hë speaks Holmes, Knight, Marks, Mills, Noble, Robbins, of the extravagant rates upon some articles, Ruggles, Sandford, Seymour, Silsbee, Thomas,

but immediately qualifies it with praise upon and Woodbury-20.

some others not much less objectionable than The Vice President voting in the affirmative, under tone the bounty and auction system, but

those which he condemns. It condemns in an the bill was laid on the table, and its passage mark, he says not one word as to their uncon. thus defeated. it will be seen that Mr. Smith, of South Ca- constitutionality, as a part of the protective sys

stitutionality, we might say their dangerous unsolina was present, and voted with the Vice tem. That system only requires these addiPresident. He now asserts that Mr. Calhoun tional qualities to give it perfection. With was in favor of the measure!

Comment is un- these it will have the utmost pliancy. By their necessary

dexterous use every cent of burder may be

taken off of one portion of the Union, and every MR. RITCHIE AND Mr. McLANE'S RE

cent laid on the other. There was a time PORT.

when Mr. Ritchie would not have been silent We have at length received Mr. Ritchie's under so dangerous an infraction of the Consti. comments on the report of the Secretary of the tution. His press was then the advocate of Treasury, on the tariff. We anticipated the liberty, but it is now the servile tool of power. awkward position in which his comments, in There is one view of Mr. Ritchie's remarks advance of ebat document with our remarks which deserves the severest reprehension. He would have placed bim. We have not been not only assumes to be the sincere advocale of disappointed. Never was poor wight more a fair adjustment of this question, but underawkwardly situated-nothing can be in more takes to cast imputation on the motives of those perfect contrast than the report and Mr. Rit- whom he charges with a design of defeating chie's comments—he latter proposes a tariff any fair adjustment of it. We leave those of from 20 to 25 per cent, ad valorem as a mazi whom he atiаcks to defend themselves; but as mum, with a gradual diminution to the legiti- {far as we, and those with whom it is our pride

course.

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to act, are concerned, we pronounce his asser- in a condition at least as dangerous as it is at
tions to be false and calumnious. There are present ? What, then, is to be done? We an.
none more sincerely desirous of seeing a termi. swer, as Mr. Ritchie did himself, before he was
nation of this controversy than ourselves ; ac bidden to eulugise Mr. McLane's report, let
cording to our property and prospects, no one the duties be reduced to 20 or 25 per cent.;
has a greater interest; to none could a conflict, let the act con'ain a prospective diminuiion,
should any unfortunately arise, prove more dis-gradually reducing (we scarcely care how slow,
astrous : our all is at stake ; but we feel as we are for allowing ample time) the revenue,
sured that no adjustment cun take place ; we to the legitimate and constitutional wants of the
mean any thing deserving the name of being Government, to the point we have already
called an adjustment--one which would not stated. On this basis, and on this alone, we
leave a rankling, more dangerous than the feel assured the only permanent adjustment can
wound itself, unless based upon justice, be made, and we do conscientiously believe,
which shall exact from the tax.pavers not a thut the manufac.urers themselves are as deep.
cent more than is required by the legitimate y interested as the south in suci an ac just.
wants of the Government; which shall leave the ment; whichi, placing it on the basis of justice
burden that remains as equally imposed as pos and quality, will heal the distractions of the
sible, and equa ise the expenditures of the Go. country, avert pe ding calamity, and restore
vernment as far as the public service will per harmony, peace, and concord. An arljustment
mit. Will Mr. McLane's project effect ilus, producing these blessed fruits would give per-
or any thing like it? Will it reduce the reve. manency to the pursuits of the country, and
nue in the legitimate wants of the Government? stability to our Constitution, our Union, and
Thiese, we conceive, ought not to exceed ele our liberty.
ven millions at most; whereas Mr. McLane We conclude by remarking, that Mr Rit
estimates the income upon the duties alone, on chie's attack on the distinguished son of the
his scheme, at twelve millions ; to which, if south, who has freely sacrificed bis political
we add the proceeds of the public lands and prospects to a sens- of duty, in this great crie
bank dividends, estimated at least at three sis, is quite in character with bis subscrviency
millions, we have a revenue of fifteen mil- to Mr. Van Buren. It is of the same descrip.
lions

. But he has greatly under eslim sed tion of the attack recenly made by Junge
the imposts under his proposed scheme, which Smith, in his Spartanburg speech, for a l'efu-
can be easily shown; instead of twelve mil tation of which we r. fer to our article in the
lions, it will certainly exceed fifteen millions ; l'elegraph of last week.
which, added to the proceeds of the public
lands and the bank dividends, would swell the
revenue beyond eighteen millions, and leave a "STATE RIGHTS” and “JEFFERSONIAN
surplus of at least seven millions of dollars !

DOCTRINES OF '98." What is to be done with this surplus ? Is it to be applied to an extravagant pension list ? to An interesting and useful paniphlet in rela. the building of sea walls, excavation of har- tion to the true principles of ine federal Con. bors

, improvement of the navigation of creeks, stitution, and the rights of the States, has jirst and, finally, to upen the dangerous question of been issued from the press of Jonathan ELLIemancipation ! which must annihilate the south orr, containing upwards of eighty pages of it pe mited to be agitated ! Will Mr. Ritchie close matter, embracing as much reading is is call that is settlement à safe, consiitutional usually spread over 200 coinmun o'tavo pages. settlement--which would leave such a sur. Besides the cel braleti renori of Mr. Madison plus ?

on the Alien and Sellition L'ws, Virginia and So much for the surplus; but will the pro- Kentucky Resolutions, &c. il contains, at large, posed project leave the burlen equa upon the among other important political questions, Mr. County! we mean as equul as may be pricii. Calhoun's Address, opinions of Jefferson, Mccable ! for we know that perfect equity is not Kean, Tilgliman, Marshall, and

others, on the attainable

. So far from this-so far from equal. extent of the powers of the federal judiciary, izing, the scheme will greatly increase the ex. and Mr. Jeff rson's original draught one isting inequality, whether we regard the coun Kentucky resislutions. To borrow the words try as divided between the planning and the other of the preface to this pamphlet, we may add States

, or between capital and lab r. From the that these documenis sh da brond and cleur Wealthy most of the tases will be either entirely light on this subject, (the Constitution, which taken off or greaily reduced ; while those that will remove from the mind of the ca..did inquipress with severi:y on labor, with the excep- rer after truth every donde as to the true ineis. form of negro cloth, are very inconsiderably re. ry of the Constitution the boundaries of jurisduced

. Viewed in the other light, between diction between the Federal an.1 State guverna the plantation and the other states, the ineqiia- me:its- the rights of the States and the constra lity will be still greater. Almust every buiden valive principles of our political

nyalem."

'The is taken from the latter, while alınost the en- publisher merits i he thanks of ille public for tire pressure of the system is left on the former

. roducing tiis pamphlet at innis m mene of pxWill Mr. Ritchie say that such an adjustment in litical animatı..... We hope he may be rewardlo safe and constitutional ? Or will he even «n.ed for his labor in tlie sale of the edition, wilich, ture lo assert that it will not leave the country we learn, is very exiensive.

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