The enquirer. [volume] (Richmond, Va.) 1804-1815, 1811-09-24

| vest the non. Baronet of suspicion of pow.
er vested in any bands ); but until some a.
buse OF it shonld be shown, he trusted tina,
the Rouse, as long as the present state oil
society continued, would not go along with
the honorable Baronet in his suspicious. II
the hon. BsroBet had any charges of abuse
to make against the bank, It would be more
manly and more candid in him to bring the n,
forward. than to throw cut insinua.ions.
| hose who depend wholiy on business or
mad their properties engaged in trade, would
be ruined by the destruction of the curren
| cy; whereas the lantlholders would still
nave property intrinsicalIy valuable. He
| concnrred with the member for Yorkshire,
that th!s measure was recommended him
| IS remedy for = serious evil! at the same
time he admitted, that i, would remove on
! y the symptoms. leaving the real disease
uncured. The hon. member from York
shire had stated the real remedy 0 be 4
reductions of paper, and CON equcnt res
triction OF expenditure thereverss appear
ed to him TO he the proper remedy first
reduction OF expenditure, and then a re
duction of paper. TIE vital question now
was. whether the Paper currency had any
connection with the state of frances of the
country An hon. and learned gentleman,
who spoke on the first reading of this bill.
SAID That 1t had no and If he could show
that for himself he was ready to say, tn a
he should admit this bill TO be unnecessary
and agree with the Bullion Ccmmittee.-
The hon. and learned member had also
stated, that if the stoukholder were to haye
his property in the funds reduced one third,
he would suffer no injury !; and he would
agree with the hon. gentleman, it the pos
SCISSORS OF every o.her specie, of properly in
the Country. were to be subjected TO ST.
miiar sacrifice; bu. every thing violent W as
to be avoided. He trastGti eentlem N would
consider the subject during the recess, and
come prepared tor the discussion when Par
llamen, would have to decida mex session
what shall be hereafter th.: state CURRENCY.
he could see no ground o. despondency -.
he thought the state of the finances of
the Country recoverable by the equalization
OF the revenue with the ex enditure If
the public should be persuaded of the ne
cessity OF such measure, he was sure they
would submit TO an; sacrifice. The fund
ing system was calculated for short wars:
and even the enemy bad said, that it
was essentially pacific There was no
symptom of distress IN the Country We
had been now elgh cen years at war; il
was impossible to say what may be IN store
Tor us but the future historian would, Der
haps represent the last twenty years a. a
period OF the greatest blessings EMO ed BY
TINS country He was of opinion. that bank
notes should be made a tegal .ende An
honorable friend of ms (Mr Manning) who
held high situation in IN: bank, differed
from him. Perhaps. the hon BARNET, who
was so suspicious, might thnk his differ
ence trick or a juggie 10 impose upon the
pubic i made a legal tender, the issues
should be limited. and not subject to the
VIII and discretion OF any set of men. The
ehect OF this measure would be to leave
men's n,iSds n doubt, If it were not under.
stood. that next session bank notes should
be made legal lender, The exchanges
ano the Price OF god had undergone IA.
Voraoie alteration OF five or SIX per cent
since The discussion upon this subject. AT
ter several other per,iGent observations the
hon. gentleman concluded, by- giving hi,
hearty supper to the bill.
Mr. Terney had expected, after sthe lie
gal discussion Of the question By ais huh.
and learned friend (or Samuel Rom,llyl
nat the hon. gentleman opposite, the attor
ney general, would have favored the House
with ms sentiments upon the subject III
+ cry 81 question, question:. Did non ceu-
ltlemen suppose, that If the attorney gene
raj would not speak, he vas not to de,iye,
his sentinentse He could assure the II MS ..
That lie would speek and if any hon. mem
Der weie disinclined to hear him, and had
an engagement gu: of the House, he beg.
ged he you'd take that opportunity of Al
tendIDg 10 it. Though he had IN coDtemp-
lat,on to take an enlarged view of the state
lot the finances OF the country, vet when he
tconsidered the late0ess OF the honr fbaIf
past tweive( and the unwnlingness of The
House TO attend to-a protected discussion.
he was induced to abstain from taking mar
course, and should trespass out shcr,iy upon
the time OF the house. Indeed, he IN chr
have abstained FROM epeakIns at all under
these circumstances, il u had not been 10,
the very extraordinary speech of his right
ndn friend, Mr. Sheridan 1t was with re-
greet he todnd himselt Obliged to differ from
even the honorable gentleman Opposite, but
it was particularly painful TO him to differ
from a right hon friend with whom hs vas
generally in he habit of concurrib1. No,
a word OF the speech of his right honorable
friend. who, no doubt, had aiken the course
that appeared to him right, applied to any
part OF the bill, but that which related to
dis ress, and that clause ormed H. part o. the
original Dil. he pill was ~ he frs me
stance intended TO meet the case of Wight
and DE Ypnge, but had since been taken
up as party question. His right honora. =.
ole friend, he was sure, had no such oh :
ject, though ne must, no doubt have his
reasODs, which he mad not avOwed, Ills re-.
non. friend had said, that the object of this
DILL was to prevent practice when was in
tended 10 force the bank to pay in cash.
1t was matter Of sul prise TO him to find him
/ self opposed upon such a question by his
/ right honorable friend Whuee fpcrDO,,5 8