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dated Nlasch nth. 1881, tt appears that the President had not only caused . large edition of that article to be issued. but had alsus haS fore the resolution of SOth November was a- dopted, procured, printed, and widely clreu- lated. numerous copies Ofthe Reports ot eens eral Smith and Mr. MeDuliie in, favor ot the Bank, and on that day he suggested, the ex- pedency of exssndlps eis power :" sne ps,%s. ,h. purposes Tuition. Whereupon the followin m was adopted, viz:

 Rsscissa Tint tho preeiden, is herehy aulhoris- ed to cnuse to he prepare and circulated, tueh doc" Ments aud papers as may communicate to the peop'e inormaon in regard to the nature ana opeFauO"s o' the Bank."

 The expenditures pnrpOrtiOg to have been made on the authority of these resolutions, during the years ISFl and 1882, were about S80,O0O For portion of these cxpendl- lures vouchers were rendered,4 from which lt appears that they were incurred tn the puF- chase of some hundred thousand copies of newspapers, reports and speeches, made in Congress, reviews of the Veto Message, and reviews of speeches against the Bank. Szc. &c. For another large portion nO vouchers what ] ever were rendered, but the various sIinS. were paid on orders 0f the President of the. Bank, making reference to the resolution Of | ;he Ilih March, 1881.

 On ascerfaiDing these facts, and perceiving; that expenditures ofa similar cha.ac were still continued, the Government Directors n Flew weeks ago offered resoluiiOn in the Board calling for a specific account 0f these lexpenditurss, stiewing the objects to whcir' they had been applied and the persnns to

 whom the money had been paid. Thisrea-l | sOnahe proposition was voted dOwn. H They also offered n resolution rescinding' l the rrsolutiouso of Move ember, 1880, and March.

 1881. This also was rejected. | Not content with thus refusing te recall the obnoxious power, or eveR. fn .reqiive, such sn account of the expendiltsIN as would shew

 whether the money of the Bank had in fact. been applied t0 the oBiects contemplated by 1 those resolutions, as obnoxious as they were,5 the Board renewed the power already con-. ferred. and even eOjOined renewed attention

 to tsexercise. ny adopting the following in

 lieu of ihc Propositions submitted by the Cow erninenE Directors, viz:

 I " RssoiUed That the Board have confidence in tho

 wisdom and integrity of the President aud in ,he pros

 pre,y of the resolutions of 3O,h November l830 nh-

 Huh March, 1881, and entertain fall conviction of ahe necessity of renewed attention to the object wG

 those resolutions, and thnt the President be anthorS

 ed and requested continue his exerons for the pres

 motion of said object" .i f'r 'y, | Taken in connection with the naiure 0fthei

 expenditures heretofore made. as recently,

 disclosed, which the Board not only tolerate,

 hut approve. this resolution puts the funds of

 the Bank at the disposition of the President

 for the purpose of employing the whole press

 of the country in the srryice of the Bank, to

 hire writers and newspapers, apd to pay out

 such sums as he pieasrs, to what persons and 1 for what ser,ic ices he pleasrs, without the re

 sponsihility Of rendering any specific account.

 The Bank is thus converted into a vast plec.~ 1 tiOaeering engine. with means to HsnbrOiltbe

 country in deadly ieuds. and, .pnteE gaSer sf | it's corruption through all the notifications of

 society. l Some 0I tue items for which acconnts have bcek 1 renderedshow the construction which has been given to the resolutions aud the way in which the power it conters has been exeried. The money has not heen expenfd merely in the publication aud distribution of speeches, reports o conmees, articles written for the purpose of showing fhe nsiitntoHaly or ! usefulness of he Bank. But publications have been prepared and extensively crculatrd, con,aaing the grossest iasecyes againsi the officers of be Gosesn- ment: and the money which belongs the siOck.h0ld CTS and t0 the public has been freely applied n eoSts ,o degrade, pOhlic estimation hoss who sup, posed to he insiramen,a m resisting tho wishes o this graspng and dangerous institution. As the President ofthe Bank has not heeD Eequiredlo settle his mo me bUshimseif yet knows how much more lhan the already mentioned may have been squany!ers ed-and for which credit may hereafter be ciaaiei

 n is account andcr this most extraordinary reso1iiop With these facts beiDre us We he comprised a tha who ase suppassd to staad ia the % way of G ,s cucv or ambition of the Bank of the United States 7-Can he surprised at sudden and xpecfed changes of opinion n favor Of faR inslitnli0n which has millions lavish, and avOws its determination slare it's meane when they necessary 10 accomplish iis pur- posesf The refusal io render accouni or the man- ner iD which part OfIlge money expended has been applied, gives just for the sualcion that has beeN used for purposes which s nut deemed prudent to expose O the eyes Of an Intelligent and vrfuous people. Those who act jnsily do shan inc light, do they refuse explanations when the propriety of teir conduct s brought aio question.

 With these facts before him, in an official report

 from the Government Directors, the President wo1ld

 ee that he is not only responsible for a the abuses

 and corrnpilons the Bank has committed or may com. nit, but almost aD accompljce n conspiracy aeanst minster ifhe did noi take every step within lis con- ss'at'ona and legal power likely to De efIiceoi in putting an end 10 these enoTmes. If t be possible, within he scope Of human affairs. ind yeason Tor removing the Government deposites and leaving the Bank to its own Dr the means eeciinR ils criminal designe, we have it here. Was t expected when inc moneys ofthe United Smtes were directed so oa placed in that Bank, that they would he pot un- ger the control oi one man, empowered to spend ml- oiJectf Can they be considered safe with the evi- dence before us that tens of thonsands have beeo spent highly improper faot corytp parposes aad thai the same motive may lead to the expenffnre o( hundreds of thousands, and millions more And can we justify ourselves to the people hy longer leDh- ing to the money and power of the Goveriucpt to be employed Ior such purposeef ssA88

 N has been alIedgef by as an obiection tO the remosal 0i the de2Oses, that the Bank has she now CT, ana n that event will have the disposition tu de. soy she Stale Banks employed by the Governems and bring distress npOD the country IL has been ,he Tnr tune of the President encounter daneers- yshieb were represented ag euaaly nlnrm;nas s2.a 4. k.