The enquirer. [volume] (Richmond, Va.) 1804-1815, 1814-03-30
cor. S.NTEE2'S OBJECTIONS
TO TIE IANE Ell

IN itrs ia M BILL.
TO the SesGie and House If RetseseR,nifpes of .he
Commensurate Of J'ennsylpn,uo
The bill entitled =" An act tS regulate Backs" VS..
PR serted TO for my appreciation on the sb inst
have given 10 its consd-rs on I'll TIE seeu,ties Of
my mind ard the feelin, of my art sad r-rret 60
ssy that my convictions of duty to the commuai,y
vii rot permit Me spprove of its ps.rsye int, 9
aw In returning the hill as do far io.ccn,;herst-
on, Respectfully rrter tie Legislature the obiec-
tioss transmitted Msrch the Iatt 1878 sganst ths
o,.l ent;t'ed n art TO establish general svs.er,
nj banking. -These objections sppy TO the present
nil, with atdti,ns! force, becaus. It eontemrIs 81.
the es'aceshuent OF much crater nraber OF ~ D..
peN looming insutn'one TINS spreading further eud
wider ths basfni ED which cannot but h;rl in
.vi,ahie from such So estsbishnen, In siC,t;op 10
the objections on the Journals Of the last srsaion
wa hrehg remark. bat although the sys,em ma.
b-es yesr before cur fellow eiz ms vet Lave con.
Ut them requested that il SHOULD become tse law OF
the State And csnnct dives, myself Of the Far.
iiai "a, were N become law, it wonid tend only
to enrich the wealthy and the Speculation, While it
would in various forms, heap bur,hens on Oh. poo,
SrG the iEdustcops
Perrat ne to hSz9r,l opinion t.t c!anpes os
law have great effect on popular government 10
weaken ito force ny preventing destroying habi,s<
"a steady operation gives force 10 laws, and the -
y.rnneit asqniTes dignity end respect in proportion
to i:s uniformity of proceeding -his bill ~ t,,,n
wm peocuee IN soe;ety an uuhsppy effect Il layat-
ses tbs acts OF illegal s,'or;stiees, and proves
~ Anss'o ~ &c iTfraeton Of the restrictive
pOal
ca: OF sse the inirRstion Of AL lsw
los fact ws!l aseitained, tl,st imu-D.e sums az
sreeie have been crs* from the banks il, P-,nYy,
vsnis, sI1 certain Other states to nay bssuees fo
"ris'i eoods, whioo eastern Tosresotle eupi,iy ss
smuSs'ed into the Udited S;Gtcs. Tnc tleinanJ rr
specie has in consequence hean snd is sill 90 ee -
thu. the banks in faiisi-lphis snd 10 sone ot,,.2
parts, hive etn.iped discoratne any new pa.er
AK Ts'r;o'ie egis!at'Ire--is Ills su..,eii,us
- try so VS.. IN experiment. Shah We n,cresae
tins pressure Shall We indirectly aid oar
sHd external enemies, IN dezrcy our t:,cs snd =,
Harrass the gnvsrnmsp, BY the creating OF forty nae
ne% banEs winch mus, have recourse frr fneeie
- That airescJ mueb cxhaTsied source? l. tnee. 81
ins time ,DtriHye-t . Sn IN Pernsylvs,,;s ,ybo
believes that bank note, OF any DESCRIPTION. j, the
NATIVE OF Speeie Is there not just ground
for far e'''
a sbewiesge that forty-one rev bake. bay;n,
nominal esptA Of more than severte4n si.iions q.
dollars upoU che bare payn ut Of ofe fl,h osrt
Rave the right (t!c inclination to do 50 easrot 10
dfubtei, under IL predominant srr.t cf Speculate.
on) 10 throw into Circulation an ,dSyf;or.I ove-
we ming ford of paper, and thus to;ay to dostrov
the rsmsinIns confidence in that me iiun,: ard ,s
not i.osr'.hg OF spece ssd ru.nous depreci,toe
OF e.nS botes De tie Deturai consc9uenc. Of sucS
stste Of tings
Or the ground Of principle generally. mac no,s
denty ssy 'hs' industry IS "a. ory permanent, SOAR
ct wealth, it secures subostenct and sdy,no.s ,r,,
interest," by"sow, yet cure end rteu.ar cs,os and +,
the best Preservstve of ,norsls rat 80 .e,lot,o-
which this bill seems to ;nvi,e-it has IT,, d,..
contrary effect, depending ON no Fixed prirapje d.
opens he'd for the exercise OF inespu;ty peg n,
the alert 10 take advantage OF The uuwary /, TIE &c
cidehtai variations of th,nss The saocess Of the
speeuiator by profession, temple tie far,,,sr and
mechanic to forsake his srcustciueh homes, pr,ui,s
Launched on the wild of srecuiati,,D ey.n ~ .
posed to devations from rectituic; hs n,oral ,ri
eip'e becomes weakened, and eventually all sense NJ
communicative Justice is destroyed
Thus impressed, ss to the probable cons ouspce.
ct the bill Vt enacted into la - sho1ld be.rsy be
trust repo'ed in me 10y my fellov-czaas. At ~er.
"a approve OF its passagc. To DIR from the re-.
representatives. OF the people is painful 4. me- hu, 70
shrink from responsb iiity which consder ry,slf
IN conscience bound to assume, wor'd be crirlinol
decline stating any objections which may bye ori
sen on. OF The fluctuations of opinion amongst ,o,.
members OF the general Assembly during the opn.
deney OF the bill under consideration, and 10 refer
TO them ouly to shew how the hopes ard fesrs Of the
members themselves we're raised and detressed a nd
their opinions altered, by circumstances which ouid
not at all influence others--The bill 70 returned far
reconsideration, under the most perez, conyistou,
that my duty TO our common cor ,ttu.nts TO the
st9te, and the union, requires so 20 reun H. Ia
lY respecting the Judgment and motives Of the legis
ISture, and Trusting TO their liberaty in viewing nv
conduct, remain their fellow-oitizen,
SIMON SNYDER.
Herrisburgh, 10Th March 1874