US History: Banking, Congress

House Documents, Otherwise Publ. as Executive Documents… https://books.google.com/books?id=_YcFAAAAQAAJ&pg=PA402&lpg=PA402&dq=selah+murray+Strong&source=bl&ots=x3i80j8mPw&sig=AWRaWD9N2zvgEYV8wfAzwsP2ed4&hl=en&sa=X&ved=0ahUKEwjOkrre6L3MAhUps4MKHTngBbcQ6AEIIjAC#v=onepage&q=selah%20murray%20Strong&f=false

Pg 5 (Signatures) David Murray; Pg 6: John Murray; Pg 7: Owen Murray; Pg 9: John Murray; Pg 15: James Murray

Document 266. House of Reps. 23d Congress, 1st Session. Vermont. Memorial and Resolutions. Meeting of Citizens of the County of Chittenden, Vermont, Remonstrating against the removal of the Public money from the Bank of the United States, and praying that such measures may be taken as to restore the currency to its former sound state. April 7, 1834.

Pg 2. 1. Resolved, As the sense of this meeting; that credit has been an important agent in the advancement of our prosperity; that by means of the prudent exercise of it, men of enterprise and integrity have been enabled to compete with the rich, and by advancing their own interest, have added to the general stock of wealth, and any measures which impairs cret, is aristocratical in its tendency, and that the natural effect is to make the rich richer, and prevent persons of limited means from acquiring even a station of mediocrity among their fellow men.

2. That while the State Legislatures possess and exercise authority to grant bank charters at pleasure, the currency of the country must consist principally of paper, and although Congress have no right to prohibit this currency, they have the power, and therefore it is their duty so far to control and regulate it, as to render it safe and sound, and as a means of rendering this control salutary, it can be most properly exercised through the medium of a National Bank, under proper modifications and restrictions, and that Congress are therefore bound to provide for its establishment.

3. That the unparalleled embarrassments now severely felt in every portion of our country…

Pg 3: To the honorable the Senate and House of Representatives in Congress assembled. The memorial of the inhabitants of the county Chittenden, Vermont, Respectfully showeth:

    In a country where the rulers are elected by the people, it is the right, and under peculiar circumstances it may be the duty of the people to assemble together, and declare their sentiments on subjects of common interest.... It is but too apparent that a new principle is about to be established, involving the right to withdraw the treasure of the nation from the control of Congress, and to subject it to a single action of the Executive. This proposition is as startling as it is new. No President has ever before claimed such a power. No man who has a just sense of the value of political liberty, can assent to it. It is the union of the purse and the sword which constitutes despotism, and the nation that willingly consents to it is enslaved already.

    ...When land is cheap, when the raw material is abundant, when enterprise, guided by judgment, is certain of success, credit is indispensable to the rapid development of our resources. To a young man of known integrity, poverty is scarcely a hindrance. His integrity stands to him in lieu of capital, and by the aid of it he is enabled to compete with the most wealthy…

Pg 5. Burlington, March 5, 1834 (Signatures)

Pg 6. Murray: D.A.; Hiram; Owen; Selah;

Pg 8. Calvin Murray

Document 267, A Meeting of Citizens of Albany, [New York]  In relation to the currency. April 7, 1834.

Pg 5 (Signatures) David Murray; Pg 6: John Murray; Pg 7: Owen Murray; Pg 9: John Murray; Pg 15: James Murray

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