Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1816-11-30
VIRGINIA EGISLAiURE.
HOUSE OF DELEGATES.
IYedaeSday. NOcemJc,. n.
DrnATr ON INV SIrsppNSI"w v'' M,

been called here by the situation of these
banking Institutions though the aitcn-
ton of the whole Commonwealth has been
for eleven months drawn to this interest
ing subject, though we are about TO act
upon it, that not one whisper from any
part OF the Commonwealth has yet rcach-
ed our ears that motions solitary ren.on-
STRANGE is yet laid upon your table lf
the suspension OF specie payments is so
monstroas a grievance, rs It not wonder
full that tie people should have been ST.
lent five had been about to establish
fish tobacco warehouse, there would
have been dozen petitions upon it on
Your table. But when this great snbject
has been caHyassed for eleven months bv
the whole community, there is not one
word addressed TO the representative Of
the people. Where, sir, is the petition
from single county? Where, tberemon-
STRANGE from asiEgle corporation lhear
not word about it. There is nopetitioii,
no remonstrance. As far as am inform
ed, the public are contented. They are
IN sound sleep, happy and contented--
| will not be the one 10 roGse them.-We
have indeed, heard great Glamour with
IN these walls. We have been amused by
the promise Of The return of the sol-
den age. But, sir, we should live'per-
haps as the contemporaries of that period
are said TO have done-we might live up
on the bare products of the earth-uri-
clad-the acorn, our flood, and the fig tree
might supply its leaf for our raiment.-
There are different interests represented
on this foor-You, sir, are from the to-
baccO district--another gentleman, from
the wheat county-others from those sec
tons, where the distilers of whskey, or
the growers OF cotton or hemp are to be
found-somc represent the manufactuT-
ing, and others the mercantile interests
Let us trace the effects of this measure
upon all these interests. Let lis begin
with a passing glance, at the staple inter-
est OF our country It's agriculture
Compel the banks to resume specie pay
ments on the Goth of February, and how
are they to act! Their only way is again
TO clap the screw OH their already distress
ed customers, to draw more blood from
the exhausted patient. Should planter
arrive III Richmond with his tobacco, or a
farmer with his wheat, think you, sir,
that he will be able TO sell? Forwlo buys
of him The merciant-but will lie be
able to buy, when you have clapped the
bank upon his back 2 He must pay his
notes, instead Of purchasing the produce
of your fields. Otherwise the notary will
dog his heels, and his credit will be dam
ned by protest. If you do then, compel
these banks to pay specie by certain
day, the market is ruined; Your tobacco
and your wheat, will sink in their value
the agricultural interests are gone.-And
what becomes of the manufacturing IN
terest THAT interest which is III the bud
will be nipped by the cruel frost which
you artlhcially generate III your legislative
hall.-Commerc too, Commerce always
dependent upon Agriculture, will lam
guish and decay with her-but if the last
droops, Commerce and Navigation win
surely die. This is one of the results OF
your precipitate interposition.
Now, Sir, look at another effect-This
body polite, like the human constitution,
is affected by certain laws, which YOU ne
yer enacted, and cannot repeal. The
advocates ofdepletion may draw all the
blood from the veins OF man but those
VEINS will be as tense as ever. They will
be distended, but not with blood. As
You draw off one fluid, they will be filed
with another. 1t is the same case with
the political body. You may draw OF
one species of circulating medium but
Society will require, and will obtain ano-
ther-notthis fine blood, sir, that is genera
ted IN the heart, but another fluid, less
rich and pure. What then will be the eff
feet ofyOur measure Compelour banks
to draw in their notes, and YOU will have
paper flowing from other quarters from
the town Of Baltimore, and the District 81
Columbia-as much, sir, as you have
drawn into the vaults of our banks. JIG
Bonaparte were the Legislator, he could
not prevent it, Surrounded az we are by
similargo who employ SINH
lar currency, the process must 60 on.---
The moment YOU exhaust our own me
dium, YOU supply us with another, of aii
inferior description, perhaps mere trash.
Sir, your planters may be offered q NOTE
from Harrisburg in Pennsylvania, or one
from the city of Washngton--No man
will know the value of the money which
he carries in his pocket. BY the time
YOU turn the corner, like The tricks Of tie
juggler, when YOU think YOU have money
in yourpoclset, itmay becomcgcf no more
value than q bit OF newspapcr.a
Such are some Of the effects which filis
proposition may PToduce--Iour agricul
ture DESTROYED, your manufactures cut
of, while Just beginning to shoot, Your
commerce and navigation dropping and
dying willie your country Is a0Odcdwiih
a deprecated currency, some chartered,
some unchartercd no one knows whe-
der ii be genuine, o. If genuine, What it
is iniriDsi,aliy worth. Ask YOURSELF even
now, siT--ifyon were offered a note Of the
bank of Junidta, or The haak of GTeens-
burg, what is It's yaIbe.-Hy the time You
would carry it to Manchesier, ifmeltsliks