Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1818-01-01

been obliged 10 contend Siil federal
county court: a fact well known at Rich
mond. Another grievance is now added
4 majority of the stock subscribed at
Winchester is republican,; yet il viii be
placed entirely under the control of iede-
ralists Republican Frederick is left at
The mercy ot Hampshire, Hardy, BeriOey,
Jefferson, Loudoua and Eauquier, all fe
deral counties Shenand0ah, With tri-
vial exception. has declined the embraces
oftlliS poii,ica. giant. What, let me here
ask, could tend more 10 ensender party
rancor than such all institution How
essential, then, 10 stop IT'S progress, II we
wish, tue day 10 arrive wllcn we shall be-
come Hll .tdra!stS, all republiranS T.
The federal Stockholders al present are
as still as The calm which precedeS tenn
pest Can ihevbe otherwise, whensuing
FOR unparalleled iayors? Aud shall there
fore be silent, or is il proper IN peace TO
prepare for war? In every free country,
parties mustcxisi. They have now their
inll na,ura!quantiiy of poillcM ire, and
party asgraDdlzement will always be a
suilcicut excitement TO make the sparks
fly. ALL suppose 4 Case-iEe lnited
States DECLARE war against Il iUrVlga pow
er The state al Virginia, laborins under
pecnulary embarrassment incurred III The
struggle. applies 10 the Bank of li.e Val
ley tor a loan. The directors of,he bank
are CT opinion that The war is '' nnpoliiic.
and unjust Will they lend one cent I!
t,edat JHdcuS Apeiia.
Another powerful cause of the present
political calm in the Valley Bank, arises
from division among the federal com
baianis for Office, which leaves the ba-
lance OF power III the present election,
with the republicans. This is II transient
not Il permanent Influence.
Ii will now be proper TO explain the or
igin OF the Valley Bank When our cUun-
Try was struggling under The dangers aud
suiferings OF formidable war, and called
for the support and sympathy OF its citi-
zens, certain individuals established
banks in defiance of legislative sanction;
and aliho' they merited punishment, and
knew they met the disdpprObatiou Of ey-
cry good citizen, they had the efirontery
10 raise the hue and cry of a convention,
wien i'll reality theirlntcmprrate proceed
ings, by associating justice with outlaw
~, formed thc greatest obstacle 10 the
establishment of the rights Of The upper
country. In tie clamours and maneuFres
Of these gentlemen the Bank of tie Valley
evidently originated The legislature has
passed an act TO legitimate the bastaris,
who have noN preCcoU ace OF Tie children
born IN lawful WedlUCil *.
KNOW not What arguments may be ad-
duced IN support oi iise petition. Certain
am that provisions in the charter which
have been complained OF, form its peculi-
aradvantases. ohould Cle capital be re
presented AZ dlSprOporuonate TO the num-
Der of branches, answer that the IN
crease TO million would make very
4, % 80 md
ny person acquainted with The magic
powers OF bank machinery will be CON
Vlnced OF the competency OF $ 6O0, coo 10
yield AN ample remuneration 10 livestock
holders.
Thus have attempted to investigate
HE merits OF an important subject. In
exercising the right of freeman on
question OF public interest, have endea
voured 10 avoid private acrimouy, and
can assure my fellow citizens That moth
ing personal has been intended against
any man. Whilst Justly stigmatize the
uncharteIed institutions, If is but fair 10
acknowledge that many federalists were
their eDeinIes,a tewrepubiicans were their
friends, and many were their professed
advocates, rather from temporary ig-
norance OF duty, than wilful opposition
Ia the laws Of their country.
Ii the Stockholders OF tile Valley Bank
desire political millennium, let them e.
vince their repugnance toa political bank
in other words, let them propose the IA
mendment of their charter as the condi-
ton of an increase of capital. know
that some of The applicants subscribed
TIC petition from tie hope of lis produc-
M lhis ssentIal condition.
a Citizen Of the Valley.
~ Our press is open for any communication
in answer TO the above \ os. ofdecent style aud
length.