Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1819-07-06

We understand, the first measure Of the
committee has been, 10 transmit u copy
ot Tie preamble anu resolutions TO Tie
President and Directors OF each Of the
Caro'iua Banks; and we hear, nothing
further will be done, until answers shall
be received. Int.
At "a numerous meeting Of the CnlZcns
oI Petersburg. called by the Mayor.
for Tire purpose of taking mtocons,dera-
lion the depression ct North Carolina
Bank Notes: The following preamble
and resolu'ions were proposed and una
nimon>h adopted:
Wneteas the valuable trade and COM
merce Which is carried on between the
Citizens Of this town and of North Caroii-
ma, renders 1t equally matter OF inciua-
iion and interest, among us all, that the
circulating medium otthat state, in which
very large PARTON OF the debts and
receipts OF this place are pad, should he
protected against the efforts which have
been made Ia depfess its character, aud
impair its value lit is believed that The
Banks at That state have been conducted
generally, gath prudence aud ability
always with Integrity and that the pre-
sent depression of their notes does not
arise from amy we'll GUIDED doubt of their
ability 10 fulfil Their engagements. The
the notes of the Banks of that state, Is
TOO great ts he borne With by debtors or
creditors ami must counierhalance all
the ordinary profits Of fair dealing among
18th. Ii becomes oar duiy therefore To
cooperate with our ieiisw citizens of -.
&. IN mitigating the inc0nveniences and
Injuries. sustained ~ both, IN the pre-
sent unprecedented endorsements of
The commercial! " orld--and being assur-
esI that every effort is making TO mcel, and
that Tue Banks of \. &, confidently
hnpei" DC able TO ineet the ordinary de-
luands OF alr dealers"
Resoiscd, III order 10 do Justice TO our
f,lInA citizens OF y. e. who deal in this
place, a. veil a. TO protect ourselves from
the great losses which must be sustained
by HE present extraordinary depression
of \. G. Bank y ties, that II is eApedient
10 make SOM arrangements with the
Bank of tha, state, ny which The ordina-
~ demands OF tair dealers may be salts
fed with DIS lUiie delay aud loss, as pos
slble.
That WILLIAM BowDEN, Thomas
DUSN, ALIEN. CUNNINGHAM, WILLIAM
X. JOHNSON aud JOHN Hinton, be IL
committee la receive from the citizens OF
this iown, aud lis vicinity, deposites of
n. g. Nofcs--thd, every person dcposiling
such notes, shall be required Solemnly TO
declare that they have been received in
his ordinary Transactions aud dealings,
aud were not purchased at d discount
final thereupou The committee shall give
q certificate Of the amount, payable 10
the deposi'or or his order, after dc duciing
all expenses and losses Thai the com
mi1lee be empowered TO appoint Clerk
to attend IL the business here, and 10
send All agent as often as they think pro-
per, 10 procure from North Carolina,
funds, H'ilrh snail answer The current de
fnanGs CT his ace, and HAT they he
requested 10 assure The Banks of North
Carolina tina, lie citizens of this place
have no wish to draw their specie, or TO
subject Them 10 any injury or lnconveni-
euce whatever.
JOHN Il. BROWN, Mayor.
WILMINGToN, On. CO. June 26.-The
editors of newspapers to the north Of us,
have dealt out their abuse with pretty
lavish hand on the Banks of This state, in
consequence ot their resolution not TO
permit themselves and their customers 10
be imposed upon and ruinedby northern
brokers. This severity Is not only ex-
tended 10 The banks, hy the editor of The
New York Evening Post, but he gives il
also 10 the editors OF the National Intel
iigpncer. who Published the resolution OF
lLe banks, for passing II over with a
oDld step" witsout strong expressi-
obs of disapprobdiou" and indigna-
ton" We before remarked, aud we
stale il again, that the banks were not
compelled from necessity, through The
waRt of specie to pursue tie course
thcy did; but to- prevent d traffic, which
had become profitable To those who were
- If, -
which we're evident, and the extent of
which, could not be foreseen. We will
venture To assert, without the fear of con-
tfadiciIon, that there is not an institution
ia The United States, founded upon more
solid basis, than Tie banks Of THIS stale
nor ans, III proportion 10 their capital,
that have more specie. IN their vaults -
Mr. Coleman speaks OF the . majesty OF
the offended laws" and asks what immu-
mites have banks irOm fulfilling their
couiracis-we answer uone-and that the
&" majesty of the law" will compel them
10 lis performance. Let those, therefore,
who are injured, appeal TO the tribunals
ni The country for redress. lie further
observes that the labOrs OF those writers
WHO recu hIncnd a SUSPENSION Ol specie
pas mcnis, would turn TO some purpose,
il they could shcw that the local interest
Of die places would be promoted thereby
All We can say is, iiIdt The COiWse oar
banks have pursued has enabled iiiem 10
renew The notes Of their debtors upon
their paying only the iatcrest and iur-
Their, THAT II the baHks did HOi do This,
but enforced The payment OF their de-
MAIDS, THAT iqe fuiu OF niany very IndIik
Individual, wouldieve hesg the eOnse-
quPnce. Ask the merchant OF farmer, lf
dis accommOdauon dOrs not promote
his " local Interest" When Hey collect
their debts, raise aud bring their crops