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![handle is hein.trials/acex0001 and id is 1 raw text is: 28d CONGRESS, [ Rep. No. 481. l Ho. or RE-#-
1st Slession.
UNITED STATES BANK.
MAY 22, 1834.
Mr. THOMAS, from the committee appointed to investigate the affairs of
the Bank of the United States, made the following
REPORT:
The committee appointed, in pursuance of a resolution of the House
of Representatives, passed on the 4th day of April, by which it was
Resolved, That, for the purpose of ascertaining, as far as practicable,
the cause of the commercial embarrassment and distress complained of
by numerous citizens of the United States in sundry memorials which
have been presented to Congress at the present session, and of inquir-
ing whether the chartor of the Bank of thp United States has been vio-
lated, and also what corruptions and abuses have existed in its manage-
ment; whether it has used its corporate power or money to control the
press, to interfere in politics, or influence elections; and whether it has
had any agency through its management or money, in producing the ex-
isting pressure, a select committee be appointed to inspect the books, and
examine into tho proceedings of the said Bank, who shall report whether
the provisions of the charter have been violated. or not; and, also, what
abusep,, corruptions, or malpractices have existed in the management of
said Bank; and that the said committee be authorized to. send for per-
sons and papers, and to -summon and examine witnesses on !oath, and to
examine into, the affairs of the said Bank and branches. And they are
further authorized to visit the principal Bank, or any of its branches, for
the purpose of'inspecting the books, correspondence, accounts, and other
papers connected with, its management or business; and that the said com-
mittee be required to report the result of such investigation, together
with the evidence they may take, at as early a day as practicable :
Respectfully submit the following report, in part, of their proceedings,
so fax- as they have found it practicable to discharge the duties devolved
on them.
Charged particularly to examine into the conduct and condition of the
Bank of the United States, they have ende4ivored most anxiously- to as-
certain correctly the true character of that highly responsible and deli-
cate trust.
To judge rightly of the proceedings of the House of Representatives'-,
and of its committee towards the Bank, it must be borne constantly in
mind that that corporation differs essentially from aut ordinary banking
company, incorporated for private benefit. The Bank of the United
[Gales& Seaton, print.]](ViewImageLocal?handle=hein.trials/acex0001&div=1&collection=&method=preview&ext=.png&size=3)