If the acts of the public
servants, who are responsible to the people for the manner in which
they execute their duty, may thus be checked and controlled by an
irresponsible money corporation, then indeed the whole frame of our
Government is changed, and we have established a power in the Bank
of the United States above what we derive from the people.
It will be seen from the accompanying statement (marked A) that
according to the latest accounts received at the War Department the Bank
of the United States and its branches have in their possession near half
a million of the public money, received by them under the law of 1832,
which they have not yet accounted for, and which they refuse to pay over
to the proper agents for the use of those persons for whose benefit it
was withdrawn from the Treasury. It is to be regretted that this attempt
on the part of the bank to guide and direct the Executive upon the
construction and execution of an act of Congress should have been put
forward and insisted on in a case where the immediate sufferers from
their conduct will be the surviving veterans of the Revolutionary war,
for this evil falls exclusively upon the gallant defenders of their
country and delays and embarrasses the payment of the debt which the
gratitude of the nation has awarded to them, and which in many instances
is necessary for their subsistence and comfort in their declining years.
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