Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1821-07-03
.lies$rs DoaiI,,.t 4 Filrcu, &c.
DOMESTIC.

/
| The Legislature of Missouri convened at
81. Charles on the 18th ult.-Nr. A. S. Geyer
was elected Speaker of the HOUSE of Repre-
sentatiyes.--Mr. II. Douglass, CLERK toy
ernor McNalr laid before them a copy OF the
Resolution OF Congress duly authenticated by
Mr.. Adams-and " recommends tie immedi-
ate consideration of that subject, and the pas
sage of such Legislative act as is required by
the resolution carefully avoiding, at The same
time, every thing that might impair our ,,o.ll-
cal rights, or draw IN question the dignity and
independent character ofthe state" ! He also
calls Their attention TO the pecuniary embar-
easements OF the state, and suggests that g if
there be any feasible plan of relief, the public
exisencies seem imperiously to require its
adoption"
The Kentucky papers paibctically dcplore
thedeprcclated and deprecia,ing condition el
their paper currency. ffaciiis desconsus .lre.-
m!}-About a!third only of the paper propos-
ed to be issued by the New Bank, las been
thrown into circulation, and il has already
sunk to 40 per cent, or more thas beco me
an article ofmcrchandize, whose value is con-
tnually decreasing ii has carried down with
1t the paper OF the Kentucky Bank, thought
is but partially received by the latter institu-
ton, Ill payment of discounts, Sc The de-
probation is not confined to one particular dis
trict oftl,e state, but spreads all over it-,rhc
experiment this monsirOus Mammoth seems
indeed to have completely failed of It's pIlr-
pose The unhappy people, like the children
OF Israel IN the wilderness, are famishei, and
crying out for relief but there is no Kind
Providence 10 send them mamma from Hpav-
en-. In several Of The counties, the debtors
have assembled ard passed resolutions 10 con
denim the tardy operations ui the Directory OF
Tie new Bank, and 10 invoke the governor to
Il convene the Legislature for the purpose Of de-
vising some means '.tO save the property o1
their constituents from destruction. '-'rhe
pecuniary eInbaTrassr1ents Of Kentucky and
r Tennessee are indeed peculiarly tiistressipg.--
Trey are like men il high fever, who CRY
! ont Tor water, when the whole ocean would
not relieve them. Pour one 1iCUd of paper
after another, and il would only bring then
nearer and nearer to disastrous parallel with
Tie Revolutionary currency, when thousand
. dollars in paper would scarcely purchase q
kfast,-T'llere must be L stopping place
somewhere why not pause at once Pit i:
conJectured that the Federal Court will ere
long be called in 10 hurl ats bolts ut their bank
paper.-I Tennessee, the constituuonality o.
the law requiring endorsements on exccu-
tons" is about 20 be called in question: A
motion was nadenn the 9th nit. before the
u. ). Circi'it Court at ,Nasllville the object
OF which was a9owed to lie to effect a collec-
ton of the debt i, spscie--but it was finally
agreed, that " executions should take lie ustl
: a! course, that Is, issue on the application o.
= parles.aitef the end of tue term" and that
Iitwonsd be best not To- act ON the constitution
ality OF the law until it was properly broug,l,
before the court. ltappeOrrd from what die
fall from the bench, that lha Court would
probably be divided on the qncstion.it ap
pears, that at prior daie--tlIis Inv providing
| che
dorsement that the plaintiff agrees 10 receiv,
current bark bills in satisfaction of the debt
came before the Supreme Court ofthe state
t Judges Haywood and Emmerson pronounced
the law TO be unconstitutional viz. gains
the e. u. $. WHICH fUrbids the states to issu,
bills ofcrcdit or make any thing but coin a lie
sal tender, sc. Judge White had not form
ed an opinion ON the point, but intimated IN,
probability of his conc,Tring with his brethren
!,