Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1816-11-12

,,,(,,y3r6 charters from the Legislature
4. Yer this idea has been indnrtea, Nis noPeu,
tina, !. ~ In ali sound principle OF legislation
conuas il right or wrongly right, the pub
haa'ood demands tiff wrong, no compromise
NJ another distinct measure can make 1T
win Legislator will decide every question
right: own merts.--But, let the spirit of sell
upon 70 ance enter YOUR halls, and every thing
fisnn Lii ~ system of cl.sifering aud com
NEUTRALITY-SUSPICIOUS., you wouls. have no time to
make such COMPROMISE; WI, ,h DC s'po's'
Die ,t eco Houses, as 10 how many banks. and the
YOU ''. md places of location, which It would be
l,n, "a Incorporate in the West. Decide the
Question Of Suspension nr>t--t"c otucr meas-
I.cs viii fall in. in due time.
w This OF course. will be another measure,
Itch will come under review. Inc last G.
N;ai,ture rejected the bill incorporating thir-
saon new banks, upon the wisest pr,nciple>--
,.',us, these were too many To establish at one
o.;.u,caud because, at a moment when our CIR
eIat;n,r medium consisted of paper, and when
~. was roo much of il afloat il seemed GU
,;nus remedy to authorize thirteen new insii-
.,,t;ons 10 issue more paper we iad already
.oo n,urh paper and too little specie, and yet
we were called on to issue more paper, as well
v, 30 rrc.1te a further demand for the deficient
specie. =, -. ,,.,.,. ,,or,, vol,
,hcsc circumstances, as they apply 10 the pres
amtnerioI True wisdom certainly prescribes,
n, the present state of the circulating medium
IS the country, us well as our knowledge oil
dis subject, that you should proceed slowly
and safely There are certain parts OF the
STATE which do not deal with the markets,
There our present bank rotes are 10 he pro
cured and which, of course, are Ut some loss
10 obtain them torthc payment OF theI taxes
,Ibev have right TO demand some banks, as
soon as they can properly be OBSERVATION-DISCLOSURES
hans If three or fournew banks were incOrpo<a-
ted TO take effect as soon as the present banks
are safely reinstated IN their specie payments,
Al. loo tr-.Ia I1s,,
ourht not 10 he acknowledgements no obsta-
cic ought TO be throw1fin the way of the pres
ent banks-no new competition ought 10 ne
created for the specie, which is aiioat, or is IN
their yaults--Vhere they shall be located, IT
is for yonr wisdom to dscidc.-ltis better TO
begin with too few than too many for, n too
few, YOU can add to them hercatter--if too ma,
nv. YOU cannot reduce them. The sancuty OF
the charter forbids you 10 violate It.
But whatever be your decision on these points,
Jbescoci, vou to make il solemn condition OF
theircharter that they at all times redeem their
notes with spece--not only ut the risk OF for
letting their charter, whenever ,ne means Oh
damages t0any Que who holds their notes. The
experience of the last four years sounds les
son in OuT ears which we should be ideots to
/ tsreg;ird-lt is also TO be wished, that the
bank should not 20 iutO operation until al its
capital has been paid in.-l on have, too, right
10 ask for bonus AS substitute for taxes which
4 YOU ,lo not impose, and as a recompense tor the
privilege which You confer ON the st0cN-hoid-
crs Of max ing such considerable profit oil their
capital.-There is one other caution which You
may find ii proper to observe.-ifyou create a
4 bank, throw itopen to every one who chooses to
4 subscribe. Do not grant monopoly to an as
ISOLATION, already formed, perhaps, III violation
n eft the spirit ofOur laws but let every citizen
n in the Commonwealth be able to participate in
u its privileSes.--The one course, grants mo-
n popoly the other, puts very man on the same
fair footing The one, encourages organized as
n sociations to put down the majesty of the laws
The other. is fair appeal fthe law to the wish
81 Is and interests of the people.
The important question which will come
before yoi, is certainly the Cali of 4 Conveii-
i ton. So much has been said upon this subject,
ii that will merely content myself with rcciting
81 the propositions which seem 10 have been pro-
81 we'd
lst That there is gross inequality in the
Representation from different sections, both in
The Senate aud House Of Delegates
W %. That there IS gross inequality IN the
# Land-tar:
81 I'D That these two evils will go on increas-
ing, unless there should be some provisions i'll
the Constitution periodically To adjust the Rep
Tesentation to population, and the Direct Tax
s TO the value of the land, &c:
81 18th. That the Constitution ought, on these
.* accounts alone, to be amended by "a Consenti-
81 9TH. That you have no right TO Gala Conrea-
ti0ny yourselves as The St,fgntOn Contention seem
W ed wisil-but TO consait tie wishes of the peI-
{Pie IN the best way YOU can devise, pointIog
s out, at the same time, the particular rules by
which the Convention would be calied-thus
S enabling the people to vote unders tandingly
3 on the whole ground.
81 In discussing this important subject, am a
S ware OF the yarietyo lights in whfyh it may be
8 presented, and ofthe difficulties which will at
tend IFS decisen-Bnt these difficulties can
only be abated by the utmost liberation and
kindness of sentiment / ntreat YOU, in the
name of the Commonwealth, to be good hum0r-
led towards one another--tO dismiss all local
Jars all selfish considerations, all the impulses
+ ot pasSion-but to treat these questions only as
me honor of the State and the principles of the
Republic would prescribe.
IS. by these principles, coniure you to follow
the lights which your predecessors have held
7np to us TO cherish that public spirit which
INSPIRED the lastlegislature; to cherish the fund
III Tor internal Improvement TO cherish the Lit
erary Fund, distributing with mpartiality, but
with firmness, any disposable part of those
s funds, the claims of every portion of the
& Commonwealth ayjustly require.
+ ann happy to see among you men ofthe first
4 talents and highest reputation. You have
sreat measures to decide-but you have minds
among you which will rise to the level of the
B oecasion. hope that the only competition
among you will be, who loves his country the
{ NEST, and who will do the most to serve her
Il TIRGINI1N.
TO THE EDITOR
from Mr.. JOHN Wood, now on Ton of Surrey