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"By the foregoing statement, il appears that lhs
Bank purchased, between the 18th of Octobe
1881, and the l4th February, 1899, Oft. Bdde&
20 foreign bills TO the amount of ,794 ,O6O TO-
We arc surprised at these Developments. and ',
therefore cannot believe the following assertia
from the Washington Correspondent Of the ny
Com Advertiser:


SIT is now distinctly admitted bv some Of iAs
most Ia intelligent opponents Of the Back, such q
wayne, and Archer, that the result Of the invsa.
gauon' 90 far as It has gono, is not discrediabsh
lhe administration ofthe Bank, whatever they nig
think Ofths policy Of such an insttptiOn.'
The authors of the Report certainly do not q,
'er'an this oPinion-for they wind up as follows.
"The Investigations, however, which have bed
made imperfect as they were, fully Justify the CON.
mlttee IN saying, that the bank ought not, at pre-
eni, to be re-chartered.


ut IS obvious, from the statements submitted,
ana the correspondence with the treasury conceur
ing The public debt, and the fluctuations of the re
enue OF Government, that these have hitherto g
affected the general circulation and opee
auons oi the Bank of the United States Il would
therefore, seem to your committee to be most jidr
.eious MOTTO act upon the question of rechanSrHg
'hat institution, OF ofrechariernq any other naton.
AZ bank until he Pnbhe debt shall have been raa