They also offered a resolution rescinding the resolutions of November,
1830, and March, 1831. This also was rejected.

Not content with thus refusing to recall the obnoxious power or even to
require such an account of the expenditure as would show whether the
money of the bank had in fact been applied to the objects contemplated
by these resolutions, as obnoxious as they were, the board renewed the
power already conferred, and even enjoined renewed attention to its
exercise by adopting the following in lieu of the propositions submitted
by the Government directors, viz:


_Resolved_, That the board have confidence in the wisdom and integrity
of the president and in the propriety of the resolutions of 30th
November, 1830, and 11th March, 1831, and entertain a full conviction
of the necessity of a renewed attention to the object of those
resolutions, and that the president be authorized and requested to
continue his exertions for the promotion of said object.


Taken in connection with the nature of the expenditures heretofore made,
as recently disclosed, which the board not only tolerate, but approve,
this resolution puts the funds of the bank at the disposition of the
president for the purpose of employing the whole press of the country in
the service of the bank, to hire writers and newspapers, and to pay out
such sums as he pleases to what person and for what services he pleases
without the responsibility of rendering any specific account. The bank
is thus converted into a vast electioneering engine, with means to
embroil the country in deadly feuds, and, under cover of expenditures in
themselves improper, extend its corruption through all the ramifications