i .
-Kfctl jV"' .V-V- CUAl KIGII, (N4C.) FRIDAY, .VSfc Ur tftSl.r ,
V'l. XV;
tuB.BrAir, ,- )
fcELL4 tAVrRENCE..:
1 if m&K" f MHors, w ,
.I, SMrrftS lfcr tliae t one rfIUr,
uniirinna .
Mr. Pm Tour paper rrtntaina the
aely fall account of the proceedings of
ft House of Represeotativee" of , the
." Conpw of h United State,' that I
. fce f n, on i the subject of my Vindi
cation sgainst Mr. Crawford's' yindica
tjvn" and ' unfounded attack npon toe.
t Tl?re u noting in the. character of the
drbite. on that aubjeet,' that eiM-prise
'-ar that I was nt prepared to etpect,
and determined te disregard.' It must
aiw'beeo frequently observed, by all
vwh havettended to the couse of po
l litical events, jbr a few yeara past, how
V much any man, who dare to question
' , Mr. C'rawford'a infallibility", has to en
counter, from a party, distinguished by
. illiheralitT and DersecuUnz spirit.
w'uli which it baa constantly assailed the
' Prsdent.. certain' merabera'of the ad-
i mift'iHtrationi end every other conapicu
mis individusl, whose prostration could,
in tlie slightest degree,-, contribute to
r - nrnmote the ambitious aspirations of its
chief..-rvv-. :J;:X.
';.Th' first to agitate the presidential
qaKtionr as the papers of Georgia and
"' Teaessee will show, this party, with
v nhoaralleted eaTronterv,- has been f we-
mwtia reprobating others for following
Vitsown example.: .Constantly enzasM
,1 ViIUfyinan(lcaluroinatins5lr,C.raw-i
' foniS competitors, and every other 'man,
' vKcsit is feared, might atand in tint way
J' of hi elevation to the presidential chair,
;! it put been less distinuiihed'; by its
'jaiice of those vindications nich
' lt ' attack, hid renderd iit;ce)jsary,
! thay tlie clatnonms' vociferations, and
buiWji? nienaceii;ith-wliich it has ni
deavJredt oyeraw-e vtle fiiosi ;ilecent
''" tai irespectful'muirieiinto th preteti
ciuntt ot. its Chif. "f- Prdfassiij the most
ardent desire-,' from pure patriotic, conai-
, , dmtiattoconauininateageoeral .vvork
"" of expurgatwn of all abuses, its patriot
, kn,' unfortunately,1 has' never had sunii
eieat iiaoetun, ,fa transcend the thres
holA( nf the Treasury Department: and
: those who have had the teme'r'ftv to indi-
cate any 'wanit' 'Orftith'4):th .absolute
; pfrfection of the ad-mistration of that,
as weil another departments, by institu
v ting inquiries to ascertain whether some
V thins; might'-'! not. : possibly. . be found
V tlierein not exactly a tt thauld be. if toot
.. . uiiTcuy, '"ti win xne . aii-camvinciog
tj. argumnitum boculi,' have seldom
caned pretty distinct latiniationa that,
t an suca inquiries miht, be very Boon-,
be terminated by burnin gunjpbw-
't It w therefore.' not to be Vondtred
I at, tha,t it should be considered an act
oi unpardonable," audacity' and "-v
4 washing effrontery". n me, to attempt
w nnuicate mvseit atainst auch a tn-
' - fling
aiidir, s an imputation or , taring-
'uotnfatitly; maliciously 1
made by the
i on, Secretary of the Treasury. 1 But,
t tf a sobermihoVd, and impartial public,
mould hayen Ho think that, 'Jgunpow
f w ' should not be the only
, mpirt in such cases: or that high elation
.'.doea aot sanctify a'Bagitious.attempt to
tow ' tlie reputation of an American
' crtien,'? great allowances.! i:freel v'adr
rait, ought o be made for, those whose
t Mnaitiveness to, the danger fft losing
the reward of so much foil, so much in
"stry, ana'admahyldangera';? renders
' ; , !,r .u,,n pasaiurt too;, oncontrolable
w auuiu oi any toleration ot jinv eflsirt
. , A my part -. to leave behind'ma a cha-
- rte,r .fr frojn the disgraceful blot
-, which Mr, Crawford's male volence has
endeavuredito fix upon it? leht by my
: UOing sol it mnrht: iil wini U
Sen U)t probability al hU aenuirina' the
Potcef to afford them thje woofafoi
; his confidence?:, andofbirravor,
, -.vu iey eo . argentiy . Jong, for,, and
.tf ' c .8U laimmitf merrted by their per
. wjw ?li5ftity Vand political Jug
- hint.1'!"' !"'',';"' .Ai--,y-v
, V,8 tluit nusing to contemplate the
. ,cnth. to which their fear of Iwinjr the
"TtKHuLity- ofrreul..ir t'.eif golden
, ofpovTer, an ! . have carri'
' - mi ; U has I, .,crted-verv
vvcry emLhat;. ! v in a ton
".: manneru:.:cieirly arbitrary
.7X7.' ntl tatonul,. to took.
I , af" opposition from any one. who
(at poner. often ennntX u.,u
ri'lV11 my .T'DdtatwnVcontaiiis
v a rciierAUpn, ot the .harjiea
-'v-l-i'.v ";.'
imda by tl - A. B. coapiratwV My
mai innt turjo wera mvTe, si
theJastsWoa ofcoarresa, bycowmit-
leea. iSea appoiatod lor that parposa.
Niw, air, kowewpresamptaoa .it may
seem to be, contradict aswtiue aW-
Itbcralely made, M tk Boor of the
lae of Rcprearntativea. by a d'isrtn-
oiih4 member thereof 1 will ventare
to say; (awful aa the consequences aaay
be.) that,' the coamanicaUona af A.
B. which contained tht most important
charges again Mr. Crawford, were
tmllg both written and puUisheJ. after
the a-ljournment of the last congress)
and tnat iaj vindication, la itself, with-
out reference to its accompanyin: docu-
menu, contains uecaarre that haa ever
been Investigated, af aay commitee. Of I
Uihtwi maybe convmcedby adverting I
tuyour ewn files, Stexamining the sepa-l
raw reports oi macommiuees ai tailed I
te. What tnea, are the people think I
o? such bota ana unwarrantable asser -
tions? They may, indeed; give a claim
to Mi. Crawford's' favor, but none, to J
the people's confidence. It is probable. 1
however,' that, like similar ones, made I
two or three rears past, in tie same I
public manner, in regard te certain' alle I
zed interpolations t. in a military , work,
these may oe ' retracted, when ascer-1 tneaepotxtte tn vie Hank of Edwqrdt
tainetl .to be equally erroneous. This I viue, aa stated in my examination.- And
is the more to be hoped for, fro n the re if I cannot . also prove to the satisfaction
generated respect lor Clerke in the De- of any impartial mind, that Mr, Craw
partmenit, ahd its accompanying rebuke furd did receive the letter in question, I
to me; with which we are now presented
se inconsistently, with professions, sea-1
timents, or allusions comained in a Cer-
tain memorable and edifying controver-
sy. with the Secretary of State, which it
would be unpardonable, if not impa-j
dent,' to suppose the public can , have
fargtittea. . ! ' : . '
, Considering the manly and independ-1
ent spirit with which tliw able oratyr re-
cognizes the equal rights of " every A-
inencan citiien, whether in ' or out of
w uce. ami nis proiessea uesire tor aiair
a-id impartial trial, it is a pity that he
a'.iould nave spoiled all these pretty pro-
fessions, by auch a pal hable . mauifesta-
tion "of his determiaatiott to justify the
higii officer ia question, and to prqqdge
ana -comismn rme witiiout any 1 trial
whatever, I say nothing about his havrlejccepted, 'cnxi -.regret ; this' controversy
ing uiade the motion, which rendered 'it! biare;thiaii I do; and that I uever would
t'leiSpeaker's duty, according to estaW-jhave
Iwhed usage, to place him at the head of
the commi Uce before which thy defence I
is to oe maue.. ' i - "y(... ' I
A rigid and unmerciful Inquisitor in
regar4 to the-lieaa of every other ;de.
partment oi tne government, it is to be
regretted, that he.caanof bear with Inore
hatience. and that he anVMmra-yn'p.nn4i.
derT as even irreverent. ,anr:- atteonDt.
however decent and respectful," to in-
vesrigate ; the conduct ;ol the exalted
gealleman that presides over' the Trea
8ury. vAnd,.?hence he denounces the
Dubucationa of A. R. as " ah lniammio
conspiracy; &c..&,c.f without being able to ihaintain for defensive pjiipose's. But
to sliow that they contain a single inde do not choose to .be mfade hii progecu
corous expression, or that the facts they klw too well bow difficult it
allege are not-supported 'by thi ttoc&
menrs jurnuneii
ert, " mese i
sta ntial facts
by Mr, Vfawjotd hintyQvilwr wiunn any reasonaoio lenjgin oi
rapucatious, as to all sub-1 "Ine ou wtw au.nia auvanwges over
I me,' I hav not the least inclination to
those document for support, i If, there- j tatte issue : witlt nint on his iutentiona.
foreV ihpv contain mv mUrnioapna.lla mr defence I have admitted, that
tibn, nothing can be morri easy, than tolneT al maJ' have been innocent, be
show it,W the produciion of tlie ilocu- van not ecessary for me to
ment to which it refers.?': The honora-
ble gentleman' ia invited hay, more1, 1
cuaiieiige mm 10 paini out any uiung in , , hu , m mvi,
those publications that is indecorous, un- havi? a' ,eedan4 ? a? Very will
true or 4neonistent with'the. acknqw- ng f H
ledged right, of decently - in vestikatinz
official conduct, or that cart id any de
gree whatever,' justify his denunciation!
..r.t '. til -.-.i. j .1 -
niihlir: hv hia twin dpclaratinna and lu.
fng thus called upon, he owes it to hira -
selfwjusfifyior feractthemir Seeing mttcn excuemep.t wnich, we under
that, if he ia right, it is'ae easy to prove stand,. Gov. Edwards obined from the
ion, that he is utterly unable tamaintmnf
his assertion; s ' . , ' V ,' ,
If, 1iker"a. flyinjf Parthian, I hayerrnKm7n-yn?we'
thrown my arrow. ,6eliind ne. if will
be: seen . that U
W. were pointed fWth
truth: and the ." iJutLerinff" already 1
bibited show,' tliaf my supposed burry I I shoaidctrtatoly hare-continued to make
did not Wvpnr rm from tkinVm-c!tt'l$ dposUetim tha bank, hpd k not been
- r -. w t - ' . n .'
ffood aim The: ratfte cocki 7' of "theifor'our ktt! V -ptiL m which
gooa aim. ; ...... gamecocaa. oi tne iyou KmA me to pay certain .bills which
waia,.- Moweyer, save ktuhbu mm trw- ryoa expected to be drawn on me, by the In
4 : ft jnttle too sooiwl n Th.e summons Uian agents of .Chicago' Green Bsj. &Iicfai&
reacnea me on tne auernoan oi tne ixtn
Inst, and though ck ii)i bed.lind under
I has beh obliovd to reneat vert dalTiIi-. . t . i..x.u.j .k.- i2
since,) L instantly began to prepare, wlta
BiaMLJi, IA UlY .11, fell UUljJO MR fIAlltic uuw nnuii) I cuiuu aiumunwui epe.
day, and am new this far on fhy journeyi
?vv:L..... fr;AA:. .2
krtifatZJijJ k- W1pW,I
r" '"V "v r " T . .' . : T
nle, iif putting t shame the wickbtltatD
trivanco'that.was intepded to doma irre
parable Jniuryi,:and..felicUatin"; i vself
upon bein "able .to prove mote thaa
itauil bleii-red to maintain5. ' : v -'"
f I wiaii ixit.'hotvi'ver, auaer taose nrey
J spmta that have figured o.coaspicuous-
'UJ v -i'z'lt ' ;-
U thia affair,' r any-one els, to di-1
ten mm irwa my parpo. Mr. Lraw-
ford kas anaik'iokly arraiicd ma.at
tbs bar of tka pblic Thera I will
nert kim and there 1 will keep him.
till he ahaU berome perfectly ahamed
of Via cimdactj and learn from ciperi-
ence, that it la aot. awnye, safe ! trust
to temporary expedients. Supported m
he is, by a Wt always ready to fight h a
battles, and net expecting t' ! at as
sistance aa my part from one, the
e-udda against me, in this conf t. would,
iadeed. b fear&l. were U Kot fur my
coa6deRce1a the justice of my cause,
and in the jrxi sense and virtue of the
people of tbeae U. Slates, to whose ulti-
raatejudsment.1 will cheerfully submit
My friends need not give themselves
any uneasiness about the result.. They
ought to know me too' well, to believe,
mat i wooia raswy umlertaxe 'more
than I sincerely believe I Can accom
lpiish. - 1 have not time to. write to any
lone off them. , On their account, there-
fore, I will barely say, that I have got
the most irreeistable proof, that " toe
Receiver at Edwardaville did vmti the
er mentioned m mv examination. -e.i
ahd that Mr. Crawford did write a Utter
Ite the Receiver ilirtcting him to continue
shall be greatly disappointed. .N6 other
retreat from this scandalous attempt a
gainst me, aliall be left him, than to deny
that. he intended tb make any insinuation
against me. - And thia would renuire a
far greater subtlety, thau the substitution
f " rUinr" for writing,1 to obtain for
it the slightest degree of credit with any
man of common sense, For, I have ne
ver met with one. individual, friend or
foe to himi that has; not given the same
cwnatruction to .his wrt', - But, even
ion ucu a suuirnuc oe auemtiteu.
't shall Dot avail him, but will only add
another, to the many illustrations of the
sentiment that " mtem deui vult perdere',
Pri demMtalfi&A
. Injustice to myself, I do most lolemn-
Iijeciarexnar no man, Mr. Urawtorii
engaged In it, had I not sinceryly
belieycfd, mysetf, an been: advised 1y
mf 10081 dispassionate friends and either
iyani genueiijeo,.- wiai ,t was aoao-
rately and essentially doe to my own
"V8ttef blame in,e.
w'"' wuhiu noi uimseu oe wiuingto sun
mit to 4he imputation ofhuvins twbrn
fahehi?? I therefore 'de. not intend to
I luffe? wyeelf to. be placed on any other
thn defenstye grounds f had a rigli t
to - Wa against Air." Urawtord,
which could be fair used to, impeach
end -invalidate his atatemente-against
I me. , anese iacta i notu myself bouad
I to pure any " trial en such
n?.w y.0?11? P ingenuity, there-
1 ore mVK "J"'. W other
tun :'-;!.'?'7CTT-'--'I5.-;:!-i"3HV--
' ? from we WMntnzum icetmblican.
I The, followlng is a copy of the tetter
lf the Receiver, w
', f Sia: sty absence from this place on a ne-
portunity than the ensumr maib to acknow
liedg the receipt bf rounJetter of the 6th of
nSZr
1 1 this place, itt conformity with your ' instruc
- J tious. . i typiirtif-frj, f$ t 'ti( "
1 1 I shoilld Certainly hare- continued to make
I this 0180.' i wmfianut with Vour- intn..
imacajua,on, wayne, aaa rwua,- at tii
lwe apprising m bM tM tum whlck
the bank to the credrf of the Treasured of
-W .ou concwrea mat
1 E waajuUiiiiiMr voar wisnes pyetoimnir tha
L!t JPX P?- han for: the purpose of
I paying, wnen presented, Uie araiu mention
ed W your letter of the 9th of April; and t
pfesuave that the same cbiirtruction bas been
pea by the Receiver of Public- Moneys at
IpuikuKuv to a suniiar iotter, inch; I hir
been infiwajed, he receWed from you, as be
alto, fur a'&Widetable t'ane part, has made
10 depos tes in the bii.s;.
vJisyoar-leueter tha
' '; ' 'VO-? '.' '
oth.
.uat dates no
nr. I mboulik tl iM rrwmtK fl oineKl a!
U..V.
a mm bow to act but I xl.r I dUU wwke' r
Ue depontra, re it ftut far ohf con St.
niuoa waicn reel u. sty amy previous to
commuitieie to you. . s , i
Tod are, touiUes afipeUed of the hoAjH.
ty of the bank af Vmmtun sal sittsaa of SU
Umta, Uftrania the bant of this pUca. mo
poaed to a produced ia coearqucaoa f cer
uia dVpoaitra beinf Withheld from that bank,
and placed in thia. It soams to ba bfhrrrd.
vita voat kisuoe 1 4a- nai pretend so ay,
that U4 oaject ia to destroy thit baa with
a vw. ta coerce the teraiiung uf tK depo
ites in that, k andar the imnreiaion that tliev
eintiior me pubuo tunUs for toa purposes of
accoapiiduiig t)wt object. atocUtoklen n, &
everaldirccturs of the bank. hare, ia tExruau
cither withdrew a. or declared tbair intenuoa
to withdraw, from any further concera in the
bank. ' Same of ttwem aeera area willinr that
the bank of Miaaouri ahovkl regai ika depa-
aiiea, proieaanr 10 acuey U would be tlie
readicat meaoa of causinr the state cruis and
public fecfiup of thia, and aoina of tne nelvh.
wiin tne more eneot. . - .-, .-.;
la this atate of thinrt. aba Drincinal Dirt of
the rtockhoHers hare dedinedv payut; the
iiMtalmenU that otherwlas were expected to
be Oaid UDon thir etock. , Two a 'iht ihrr.
tors, nave aire y renyned other ta!k of,
ooinir so ana M publicum (Mxnur Ed-
mmrds, ArrvmlA OtiwriwiWca, tfuw V cturtt
. Though, tlieae meaauret, adopted probably
With too much rotation, may not produce
any erioui evilato the hikand I hope they
will noV yet I feel that they impose a-sieat-
er responsibility upon mc than t am wiling
to Uke upon myself, without the full dijclo.
sure of the whole circunutances ta you, and
aucn inttrucuous as joy may taut bt to gut
' The situatio'it of the bank, at Present;
consider a favorable as could either be ex.
peeled or detiredi and ander the control of
the director, who have hitherto had the man.
a-cement of it, I should apprehend no kind
of danger to the pubhe, or toindividuala; but
I know not who may succeed tlioee that have
rengned, and (ntud to reiigo, or who n my
be elected at the next anauai election pa the
1st of January next. It is true! that i hvi m
reason to apprehend, nor dot anticipate, any
unfavorable chaniret in the directors, but un
der all the circumstanees of the case. 1 would
not wish to risque the responsibility of ni-
mjng vuv ucpuuin inline owns uu alter, tuc
1st of Janusrr next, witlibot votir Imtrue.
tions, given upon a knowJedga ef the .facts
above disclosed. ? v,l V); ti P'M ?-f-?
I am the more averte t9 doiUa" to, from the
difficulty that the baik must constantly eiv
counter in converting land office notes into
specie, ao as to ne prepared, at all times, to
nieci j via umria; aim irom me lear tnat those
draft may tall intoUe haiui persons, who,
under the influence J of 8t. Louia, would be
disposfed to nm upon,' specie,, 'when notes
would answer their purpose equally as well,
merely for the' purpose of harrassing and dis
tressing the banav.''-? ''-'. tli: !
; in w uiro p-itu m riciy of nates are
receivable (or publio, lands, and, specie aft
much in demand, 1 do not consider it anv ad-
vantage to'the bank o receive the, depos'rte
on terms that subject W to the payment of
cash as often as you may Hnd it necessary to
draw far it unless the terras of pavTOent
could be oed Ajpon at certain regular peri-
ods, that would afford ampla opportunity for
now receive but .little money ofany kind
Thii consists of notes on such a variety of
dsoks, so remotely situatea from each other,
the notes upon any one bank would accumu
iuk,vv ' vwuwwriMw uiiib anon
late sufficiently to. bear the expense of send
iftg for the money -and in most Cases there
is no wilier opportunity oi converting uiese
notes into specie,' Owing particularly to the
locality of the banks from which they issuer.
.To mike the deposite of any advantage, the
time of payment ought to ba fixed as above
suggested, or tne orait made payable in such
notes as should be land office money at the
time af presenting these drafts! or. partly the
one and partly the other. To continue to con
vert an the nates receivable in this office Into
specie, and concentrate it at a single spot,
must b utterly impracticable, and, it pratica-
Ul 1.1 I I. .J.J .!.U . " f.
vie, ,uuu uc auciiucu wjiu rcL exunse. :
... I ber; leave to add, that the bans: of Ed
wardfville has received foreign gold under
the expectation. that it would be taken by the
Government even at the 1st November next,
Sod U is now held ready to be paid in conse
quence of notice from you of an intended draft
for R30.00V. It is to be hoted that no diffi
culty upon the subject will arise; if the ex.
pected draft should not be presented till after
tne, ifivemDert7 , . . i,
5 Upon the paper from which the aWe
is unu-ri is an muorsement, in tne nana
writine of the Receiver, who has been
dead about eighteen months', in the fol-
...... . " .. ..1 :. ..f " . n .. ' M. '
lowing worus, viz. wopy to tne a rea
9ury Depattinent,, OcU 1819. .';
' .h REPORT , ..' m i
Of tht Setect Ctmnuttee fs vAmi irai referred
1 ''A very large part of the address' is Ocetk
pied with observations on tlie transactions be
tween th Treasury and the Bank of F4 wards-
ville. This bank was made a depository of
public , money, at tbe toucttauoa of Mr. Ed
wards himsfcjf. in JJecember, 181o It stop,
ped payment in September, 1821, owing, at
that time, a bUlance to goverument of forty,
six thousand 'two hundred and two' dollars
and 'forty-three' cents. ', '-yVs;j'fr
It is aot deemed necesaery here to repeat
all that is stud on that subject, in thef address
and the aiiswer., .The address, in this part
of t, seenis to hare two vtyectarone, to clear
Mr. Edwards himself from any, imputation,
On account of having procured the public, de
posite to be made in the bank originally,
and to repel th supposition that he had been
, the means of continufng diem nfjei they be
came unsafe the otltcr, to c.'if.r.'-e the Secre
tary' with continuing the deputes, after de
'ought to have been alarmed f ir ti.'.Tr sidctt.
'"g aaeurrent notes ft.utt t, I
' I 4 alai auJi Ur -
i f proper meaaf to ec'! t L.4
! j.Ti It I t.vtrwiei.t .
'i ta be fwr Lkis dMib!e hur-.
s lir-W alWiTcS that ia li '.J. it ao.
o i
t.!t U :
It ar;
tLfc
thor nude a puhjatton, awDouat.n 1,1 ia
tcatioa to withdraw from tl ba.ik in '.VU
ba had been a director, and ao lor 1 1
considered rcs:uiuibJe for ita m.; ,
which pubLeaUmi, as U altt rd, aa
ted to the 8ecrtart that fie also k.!-.
RecceWer of public morWa to aiOi
t-.
depoi.tr. from tha tauk, wilt 'I he siiuuld tr-
eei lunner orders rrdto the Trraaim , tliaC
the Receiver, thereupon, wrote U the f reau;.
ry, encloalng Mr. Rd-ardss pvbtcation. ani , '
as he a.terwards declarel, rrcaived a lUer ' .".
frora tha Secretary, directing hint to iwit'.iw .
us w urpouiea.. ias aecretarv nxaaatii.
that no such lettef from tha liecewer oi
fije in tha Departntrnti'and that hon4 of it.
omcera baa any recollection; of Such 1 Ufen -
ana, moreover, than here waive- rfeorr of. -any
answer; The addreati ootwrthnandg '
wu ucciarauon, aims 10 proe. mat sutft Ipu
e was wriueia and among other arrunjentSf;
adduces the fact, that there waa, about this :
time, an actual suipeirsion of depoaies at tha ,'?
banki wbieh tha address attributes' . t t the
caution of ihe Bceelver, under the adxicw v
which had bcetj given to him. To thia it ia
anawered by the Secretary, that this wupen- V
wn was owing to tne .pre ligence not taej 1 ,
v, ulc m-Qivrrr- uw iua tvecriTer .
was directed EreqHerttly and repeatedly ta
continue his depositrs, M to. mala them "
regularly and. punetually) oWtf then bent; .
apprehended, not from the banli, but from
the con'inuance of larg6 sunu in tha haods of ;
the Receiver, ' v ,' ' . '. ,. . ;., ..,
; 'Without entering into a detail, of all thd '""
facts Connected with tha subject, it seems to
tha committee, that there is no . doubt that C -;
Mr. Edwards did make a publication in the '
newspaper In 1819, a he represents, and that .
he gave such advice as be reprekenfa, to lha !rJ
Itecelver.j' But there is no evidence that that
Iteceiver communicated It, or, Wrote on tho
Subject of ii, to 'the -ttreUry. -. IiiiWed, it if -i
not vcr probable hv would have done so. "
It is to be remembered, that he was PrcsidcnC '
of the bans, as well as Receiver of pubic mo
neystand he would hardly advise the Seere
UU7 -uut ii, uecrtTcr, couia not renoaei
confidence; in the bauk,' the Iirednt n4 V
head of which he was. The contoutura doe
not deem it at all material to inquire tv heth .
e? th Secretary received or saw a copy ef '
Mr. Edwards's puhlicatoa. There i mthifcg
in that Comntuiucatioii bkh ahould have a-11;
armea mm lor me aaterv tt tim , ni.i.n iunb V - .
in the Edwardsvilte Ilanki for, althoiiRh. Mr," t -
Edwapia announces ;hia uitention. of with-'1 i
drawing from a partloipation in the djfecUoir V
of iV he speaks ni root decided term of lta(v -
solvency ana, Satety. VYhile the conimitteo'" , -
sees no reason to bel.eve '.that Mr. Edwarda
acted with any impropnttv ift ProcurkiE-th
acpuv vi ui pioi.o money n mut lianfc f; v
ot in fegatd to the continuance' ef such dey" !."
poske, it perceives, on the other hand, i.tf '
reason whatever tor supposing hatJ the Be-
ereur continued the deposite after' beinif '
admonished by the' Reeeirefi that thev
unsafe. On the - Conlrary, . the eomniilteer f "
thinks the correspondence fully shew v that ' '
uie ucpuHc wctc umiuea, or uiougnt to bar '
so, through' negligence and defaultj antl thaf,'
in enforcing and maisting on tliem tlie Se
cretary was governed by proper reran!
ior uie seourity' oi me pub:t hinds. .J lies
committee, however, would tale thioecasUQ
to observe, that, in their opinion, the appoint-,'
lor.tue security" pt the pub: tunda. . Tj iia
mem oj uh f residenu ot tha local banks, itt;.
which public monevs are dermaitL tn K u -..J-
ceivcrs ef the; pubhe moneys.' to be deposit
ed ill the same honk, ia' anii?irlnn..! tk.,
has happened m several Ca est and that in- ' , .""
convenience or reischitf may be not diiulfl ,.- 1 S"
y v resuKirom sugn a practice, : ' ? ..
As to th "charge of reeimg Qncurrent .".
hote from this Bankr also; contrary to laty, y, ,
the committee, thinks- that the con. truef.oi.-c
which aDDearl to have been enniMU r. ' ,
the bank, and acouiescad !h bv ih
ry, of the first w:cie of the arrangement bo ' '
taramm l1..Hi ta .... .-t ' . : . :
pecially, f pothlng be regarded but the terms ' '
of the contract, The 'words of the first ar-f '
ticle, are; "That the pubho moneys shall b '
entered to the cre lii of r the Treasurea ' 1
cash." i It Would seem impossible, that theset
tcrmS could mean any thing else ththatV
for tht amount of these deposltei;-the ' Bank;
should become directly debtor to the Vwh d' '
States; , and that this 4ebk thus ssfumed,
should, Tike others, be. legally paid, i If tl. ,
Construction, wluCh the committee has giv " '
to tha ontracV be correct these notes Vc- - ,
illegally received. v if"--: - ' ,
'The ecreUry'i view f the cate appearsu
however, to . have been different : e lava, '
the term f cash", was used in opposition to '
,?m,iJr V"1 and a not iiw
tended to subject the Bank to the payment
of specie for notes which Were hot convert!'.. ,f
hi into speciet and that It ; was, not under
stood by eiiher of, the parties, that the Ban- V ,
Was rtsptmsibbJ for the credit of other Ban 1 ,
Whose, notes were deposited ia it, ! The cor. x "
respoodence sufficiently shews, that tlie Bans; " ,
expressedthe same opinion, at an early pe ;
riod 'of the connexion, and long btforc Uiia- '
case arose, t The ConstrtjctiCn insisted Upon- k
was, in effect, that the .Bank was to receive
such bills as the Keceivers had lawfully, t. 'X
ken,and.wialicd to dcnositci ' and. km
Would be of diftjeient Banks, more or less re '
mote, tha Bank should, for the: compensation) V
which it received, be at the expense pf coW '
lecting- then so that the proceeds might ba
transferred, without farther expense or trou- v !
hie ou the, part of Uie Government to tlia '
order of tliC Treasuryj but tba pevCrthf k s, '
if ny such bills became discredited, while in V ,
this process of collection, by' the1' fuilur at '
tl Bank which, ib-' ;etn, the loss shoulA 7
fall en 'the Covernn.v..U i
AUhough the committee do not agree to ;
the Cortfctneu of this constructionv yet, they '
see no reason to doubt, that tha becrt-t y 4
may have honestly supposed tliat the Bu
entered into the arrangement with this umU.i '
standing of its mcam nr nor any ground '!
believe h conduct, in, this respect to havo; ;
f See 4th fage.
Sec )
r C, annexed.
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