Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1817-05-06


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Extract Ct q i-tter from gentleman in 81
Pese'Starg % tis friend an N. York, dated
January Il, 1917.
'.Xou will natur,i!y expect that I shall say
some thing of Nr. Pin..ne,. His arrival la this
place was hailed with joy BY the Americans
WHO are here. II is highly grs Trying to see our
country represented by gentleman of his
courtly manners and splendid iais1sis. We
lave now a railyiSg point; some persons to
l)ok to for protection. Our government should
always have person at the courtofSt. Peters
burg 10 represent the People of the United
States, who enjoys political Importance at
home. who feels above The little miserable ill.,
trignes of a consul or a merchant to obtain
commission business for u convert associate,
who is free from selfish and sor'lid motives.
AMI who from occupying an elevated situation
in the esteem and love OF his conntrynen
finds his greatest happiness in the promotion
OF their interest. Snch was the character of
our late minisicr, His Excellency John q. a.
Dams aud such, we trust AID believe, will be
that OF MIR. Pinkuey.'
Wasl;agton. Iay 2.
THE credit of the government of the United
State, has d;.ilv advanced in Europe, of which
advance we have indeed had occasional ac-
SOmats, but srcAi accounts generally came
through the hands of those who dealin the
purchase and sale OF our unds and have there
fore rot been very concise in their commune
catiass. It seems TO have been AN agreeable
surprise TO those not IN thesecrct, 20 be asSiIr-
ed that the agent OF the Bank of the United
States had succeeded in obtaining, IN London,
onfavOrabie terms, the ten millions ofdollars
for the use OF the Bank ofthe United States.
From an intelligent American gentleman in
London we have received by "A late arrival
letter. which, though of comparatively old date,
affords much light on this subject. II appears,
that. as long ago as on the Sth of January last,
American stock was actually ab0rc par in Lon
don, though nominaily at %. When re-
fleet ON the occurrences III England since that
day, calculated To appreciate still further the
American Stock, there IL no difficulty la be-
ieviug that MIR. Sergeant has obtained as
MUGS specie DIS he desired on terms much more
fauoraJle than was generally anticipated in this
country. But we keep the reader from the
letter. Nat. Lat.
Extract ofa letter from an American gentle
nlaR m London to she Editors of tie Nati-
onaI Ii,teligencer, under date or Loaaon,
.JaaWaFy 8, 1917.
% The funds ofthe United States star, high
er, nddeservedly so, than aus ends in Eu-
rope-see on this subject O.. act of letter
from 4 ms lam, dated November i0ill, in the
Times newspaper of the26th of that month
am look at the deplorable state of the reve-
nae lere, in the Courier of yesterday, * Chro-
nice of to-day. Nothing but the unwieldy
bulk of the national debt, and the want of OBJ
JectS of appropriation, giving regular in
come, prevents its sinking in price, as il has
in value, in the estimation of every intelligent
man. La short, the nation was i'm state of
bankruptcy in 1912 - the increase of expen-
diture had already excited the increase ofin-
come; hut for the American war il might have
been superseded now, whether from dimi-
mutton ct the interest, or a heavy tax upon il
IN time of peace, The creditors will never
ceive Dos. pound and 1t will be daily grow
ing worse and worse-indeed a rise in the
price, or its maintaining the present, can only
be occasoned ny palsy of the limbs that
have heretofore supported tlIdy huge body
tl,e ,fs 49,.
will undermine what my friend WhitDreal us
ed TO call the Fictitious wealth Of England
whereas the American debt IL so entirely with
encompass, that with all the inconvenience and
hazard Of receiving the dividends from d
broad, the six per cents, which in Jply last were
sold as low as IS -, were down, Mr. Viii
Hams told me, Yesterday, at %, which in one
view of the ease, and that an Important one,
may be considered above par for they
reduccdt 10 sterling at is. OIL. the dollar; and
in the anomalous state of the currency, (the
bank having no use fox specie) the dollar it,
self is inthe marx ct at IS I'd 2-5ths, 80 that
5 100 six per cents, produce specie dollars iOl
2-3ds say 5 %. = Is. Sd. - 2N Is. Cd. us.
I'd. 2-5ths.- > i0f 2-3ds / look foe 40 reyO-
lntion from ali tbIs. The droncs Oft hive
must give oftheir abundance, 20 those that
have need. Neither rOud the state of the
nation he so distressing f the government
weTenot" given over 10 corrupted W.nd = the
redundauce OF iihOur rl.rIt ne applied, under
Il wise regimen, to tie most useful purposes.
prevent Insult aud var, - rpyerty abound.
Luckily the disease is not local-the different
branches of the European family are all effec-
ted by tit is great moral lesson ;letus hope
il may produce good moral effect
Along with the Literary Gazettes, we
have received from our friend in London,
one of Cobbetfs Weekly Political Pam
pIIleis, price two pence" printed OH the
LIST Of March, containing " letter TO all
true-hearted EnglIsiimen," against the
suspension of the Hdbeas Corpus Act, and
III favor of Parliamentary Reform. This
is probably his last publication, as the
Ha6eas Corpus act was Immediately after
suspended Now that we are informed
this celebrated political writer is on his
way to this country, it may be agreeable
TO some of our readers to know how he
last spoke in reference TO this govern
ment, at time, though so lately, When lie
had probably no idea ofv visiting our conn
try. The only allusion TO it is in the fol
lowing passage. Nat. Int.
"You have read, in the public papers,
the Reports of the Secret Committees of
the two Houses, upon which this suspen-
SION bill is founded. When the bill was
introduced i'm the Lords by Lord Sid
mouth, he expressed his great pain and
his shame for his country, at thinking 1T
his duty TO do it, and deep pain was also
expressed by Lord Castlereagh, who in
troduced it into the lower house. II Is
impossible moi TO believe them sincere on
this point; for, good God what thing
it is to think of!-At the end ola twenty
five yoare .,ar a paiusf revolutionary DrID-