This is the 1840 Report of the American Bible Society (ABS). It was largely a reply to the formation of its counterpart the American and Foreign Bible Society. This new AFBS was formed in 1837, when it was found that the ABS was refusing to fund translations that correctly reflected the koine greek text. The original controversy was related to translations for India, specifically Bengali. But the philosophy of the American Bible Society was a policy of conciliation towards the Roman Catholic Church and its versions. This upset many of those who funded the ABS. The ABS was funded by protestants with the stipulation that the ABS translations would reflect only the text of the Authorized Version. This was thought to solve many problems, but it was not so easy.
Other works here have already discussed these issues, with the problems the issues and some proposed remedies, such as:
Review of the conduct of the directors of the British and Foreign Bible Society relative to the Apocrypha and to their administration, by Haldane at
http://www.archive.org/details/reviewofconducto00haldrich
Other material on the topic can be found under the search " apocrypha bible society". This controversy continued for decades and has not been satisfactorily settled. In 1904, the BFBS and the ABS both changed their charters to specifically authorize the use of new collations and many changes to the Greek text to be used for translations around the world. The new text was to be the text of Westcott and Hort. The exposure of the Westcott and Hort Text, as well as their fanciful theories (which B & K. Aland concedes now to have been mistaken) was rebuted in the work The Revision Revised, by Oxford Scholar John William Burgon. It can be found here at:
http://www.archive.org/details/a549037300burguoft
The other work from a more technical point was Codex B and its Allies by Professor Hoskier, which can be found at:
http://www.archive.org/details/CodexBAndItsAllies-AStudyAndAnIndictment-Vol1-1914By
or Volume 2.
http://www.archive.org/details/codexbanditsalli02hoskuoft
Both of these are a line by line refutation of the incorrect Biblical Greek text.
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