Whereas the public security from such an institution consists less in
its present pecuniary capacity to discharge its liabilities than in the
fidelity with which the trusts reposed in it have been executed; and

Whereas the abuse and misapplication of the powers conferred have
destroyed the confidence of the public in the officers of the bank and
demonstrated that such powers endanger the stability of republican
institutions: Therefore,

_Resolved_, That in the removal of the public deposits from the Bank
of the United States, as well as in the manner of their removal, we
recognize in the Administration an adherence to constitutional rights
and the performance of a public duty.

_Resolved_, That this legislature entertain the same opinion as
heretofore expressed by preceding legislatures of this State, that the
Bank of the United States ought not to be rechartered.

_Resolved_, That the Senators of this State in the Congress of the
United States be instructed and the Representatives be requested to
oppose the restoration of the deposits and the renewal of the charter
of the United States Bank.


On the 11th of January, 1834, the house of assembly and council
composing the legislature of the State of New Jersey passed a preamble
and a series of resolutions in the following words:


Whereas the present crisis in our public affairs calls for a decided