The enquirer. [volume] (Richmond, Va.) 1804-1815, 1810-09-21

lever specie the bank possessed. was at the
disposal ofthe British minister.
similar system WAS adopted by the
bank of Misunderstanding circulating me
dunn OF both Countries and mercantile ac
commodation. were enormously INCREASED.
The country banks followed the example
of the mother bank. and issued their paper
without regard to the amount--thus fur
nishing the means Of speculation TO persons
OF no real capital, who have been shipping
largely to the Mediterranean. the Baltic, to
Saxony. to Spain, the Brazls. The West
Indies. &c. where they have found only tn
nous markets; and this is the chief cause
why the exports Of Great Britain appeared
by the budget of last year to be so unusual
| ly large, and which afforded cause for 50
much deceptious exultation TO the British mi
mister and the partizans of England.
| The natural result is, that the banks who
lent money to men without capital must in
the end sustain losses incurred by their un
fortunate speculations. This is well known
tothe public, who have latterlv also disco
vered by the declaration of Mr.. Huskissou
late Secretary of the British Treasury.
that government owing debt of more
than seven hundred millions Of pounds ster-
ling, and expending seventy millions of
pounds every year, had not the means of
| raising for the Walcheren expedition, lar
X
This fact, together with the confessions
of Lord Castlereagh to Sir John Moore.
with respect to the inability Of the British
government to supply the army in Spaia
with specie. and above all. the circum
stance of gold, being at high premium for
the purpose of shipping to the. continent of
Europe, on account of the exchange run
ming 20 to 30per cent, to the disadvantage
of England, have awakened portion of the
Il, IS n nrsk a,v, .-1lo
examination of the foundation of their cir.
culating medium. They can perceive no.
thing bat hafier throughout the nation. TN
which their confidence is fast diminishing
| and the match once applied to the finder.
will in short time produce an explosion
that will prove dreadful in proportion to
the magnitude of the edifice which has been
| erected by British sehshness, pride, ava
rice, jealousy and cred1li,y. The close
commercial connection which exists through
mercantile agenc es, and open and conceal
| ed partnerships between he Uni;ed States
| and G Britain, involving the fortunes of a
vast number of our citizens in the fate of
the British financial system. ought to induce
the people of the United States to scrutinize
with caution the state of that nation, and
the danger TO which its perilous eircumstan
ces expose all who are that way or in anv
wise connected or dependent. Let them
make an unprecedented calculation of the con"
sequences that must result to nation or to
! an individual annually INCREASING his expen-
ces and debt, whilst the means of supper
ting such system is continually diminishing,
and it will make them cautious of conf
ding too much to nation thus circumstan.
ced. The true interest of the American
people is 70 retire from the vortex of Euro
pean hangers fall back upon their internal
resources, and carry on commerce within
themselves, which on trial will not only be
| found to yield more permanent and advan-
tageons profit than foreign commerce, but
will also render the United States indepen-
dent of foreign nations, and save us from
participating in the broils of the European
lpower VINO may be yet for 30 years engaged
in the destruction of each other, and who in
! the mean time will use every means in their
power to engage us in their quarrels.
| New ORLEANS. August 80.
Extract of a ietter dated bayou Sarah,
dugNst IL.
/" Agreeably to promise. give you every
| information / am possessed of IS relates to
the Convention. met according TO
adjournment. and received a letter from the
Governor, saying in substance that he could
not accede to any measures adopted, unless
sanctioned by the Spanish law. and every
thing the convention might do would be re-,
ferred to higher authority. They also re-
ceived report from their standing commit
tee. which they declined adopting until they
knew whether it would be sanctioned by the
governor. To obtain this knowledge. they
passed an address to the governor, and APP
pointed committee to present it,"
ST JoHs's PtA1Ns, August IS. 1910
| To his Excellency Don Carlos Default Delas-
sus, Captain of the Royal Armies, and Gov, rnar,
| Civil and Military of the Place and Jurisdiction
of Baton Rouge, &c.
The representatives Of the people Of this iuris.
diction, in Convention assembled, have received
| the communication which your Excellency WAS
pleased to make to Their committee of the date of
the 30tb ultino, and have given due consideration
of its contents.
In obedience to the iniunctions Of our copsti-
tuents, who are prepared to rally round the stan
dard of their country, and provide some efficient
! remedy for the evils which endsnger its existence
| and prosperity, we have directed our atteRtion
to some of the existing grievances which require
to be remedied without delay and after mature
deliberation, have reduced them to the number
and form exhibited in the statement herewith
enclosed. The plan proposed to be adopted for
| tieir redress, will also be submitted for your
I consideration by our committee, associated fo r
that purpose, consisting of Messrs John w Leo
nard, Manuel Lopez, William Spier, and 10
| seph Thomas. AS a faithful translation
thereof can be obtained, that your Excellency
having all the subjects OF our deliberations before
you in the same order they have presented
| themselves to us, may discern their connection,
and give to each the consideration which Ito i'm