MISCELLANEOUS,
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1t is a great Mistake to suppose that the
U. S. Bank of PENNSYLVANIA has any thing
in common, as a public national institution,
with the former Bank of the United States.
II is established in part upon totally differ :
emf principles. That was a Bank in which
the people of the United States had an in
terest, and were in fact large stockhold-
ers. 1t wa. established by an act of Con-
gress, under the proper control Of the Gov
eminent Of the United States, who had "a
voice potential in the organization of its
board, and the management Of its concerns,
which were subject to the examination OF
Congerss. and under duly regulated
responsibility to the country. For long
time it enjoyed the confidence Of the
country, which it returned by n large
rendition of its benefits That confidence
was important TO it. and the consequence
of it was no less so to the country. 1t
was prosperous, and so was the country


under its operations. 1t was profitable to
its stockholders, of whom the people them
selves were large portion, and therefore
it was sound and safe to The community.
1t is as great public institution solely and
simply that we speak of it-and as such
we see no reason to rejoice in any Of the
results that have attended its catastrophe.


Over this great State Bank Of Pennsyl-
vania the government aud people of the
United States, on the other hand, have no
control. Ii is as independent Of them as
it is of the Emperor of China. Being un-
der no obligations to the Government of
the United States, il feels under none TO
consult any interests but its own, or those
of the immediate community to which it
belongs, and believes itself at liberty TO
conduct its concerns just like those of 9TH
er State Banks, so as to make the largest
profit they can under the laws of the States
bonus for thsir Charters [Bost. Cen,inel.