the affixing the seal of the Company to this petition, it is, in my
opinion, so far from being an objection to our receiving the petition,
that it is a very strong reason for it. If there be any fault in form,
it is the fault of those who had the keeping of the common seal; and,
as they may, perhaps, be of those against whom the complaints are
made, and who may, upon inquiry, be found more or less amenable for
the wrong, we are, therefore, to suspect that the withholding the seal
may be with a view of preventing the truth's being brought to light;
at any rate, we ought to discountenance and defeat such indirect
practices with regard to the use of a common seal.

"For my own part, sir, I have been always for encouraging the design
upon which this corporation was at first established; and looked upon
it as a provident act of charity to let necessitous persons have the
opportunity of borrowing money upon easier terms than they could have
it elsewhere. Money, like other things, is but a commodity, and in the
way of dealing, the use of it is looked upon to be worth as much as
people can get for it. If this corporation let persons in limited
circumstances have the use of money at a cheaper rate than
individuals, brokers, or money lenders, would be willing to do, it
was certainly a beneficent act. If they had demanded more than was
elsewhere given, they would not have had applicants, and the design
would not have proved good and useful; but the utility of it was
most evident; and the better the design, and the more excellent the
benefit, the more those persons deserve to be punished, who by their
frauds have curtailed, if not now wholly cut off, these sources
of furnishing assistance to the industrious and enterprising, and
disappointed the public of reaping the benefit which might
have accrued by an honest and faithful execution of so good an
undertaking."[1]