The second object was apparently the excitement of the West against the East. The President declared that the West was being made financially tributary to the East by the Bank. He presented the statistics of stockholding and interest-paying throughout the different sections of the country in proof of this statement. He affirmed that thirteen millions five hundred and twenty-two thousand dollars' worth of the stock was owned in the Northeastern and Middle Commonwealths, that five millions six hundred and twenty-three thousand dollars' worth of it was held in Virginia, the Carolinas, and Georgia, and that only one hundred and forty thousand and two hundred dollars' worth of it was held in the nine Western Commonwealths; while one million six hundred and forty thousand and forty-eight dollars of the profits of the Bank came from these Western Commonwealths, one million four hundred and sixty-three thousand and forty-one dollars of them {204} from the Northeastern and Middle Commonwealths, and three hundred and fifty-two thousand and five hundred and seven dollars of them from the Southern Commonwealths. This seems to ordinary intelligence to prove that the Bank was accommodating Western borrowers with Eastern money; and as the Bank was limited by its charter to a maximum of six per centum interest on its loans, it seems that the accommodation was being rendered upon quite moderate consideration. But the President said it proved that the "Eastern money power" was oppressing the West, and the West was quite willing to believe anything against the persons or institutions to whom or to which it owed money. [Sidenote: The Bank and the rich.]