Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1829-02-21

ITS. She welcomed and used the boon-but how
did she repay us? BY enac,ments which hamper
ed our commerce, and reused all that opposition TO
liberal principles which has since existed among
! US, aud which would never have sprung. had she
: not repealed reciprocity. In sef-detence we re-
called our gift. We placed her on the footing OF
The discerning and less avoured nations; aud this
Withdrawal Of privilege which she had yo!urta-
riy forfeited. after having reaped its advantages.
: though the natural and necessary conse quence Of
, her own acts, is what MIR. Adams represented as
/, " sudden and scarcely explained revolution" by
which % the spirit OF exclusion operates upon the
| United States alone" Mr.. Adams, however, tho
! ne ascribes false origin to the Tariff. does not
defend all its provisions. He admits that they
were not acceptable 20 the great Interests Of a
ny portion OF the Union," and advises that they
should bc revised and altered. The point next in
Importance, IS the state OF the revenue, which, Is
represented as most furnishing. For the particu-
lars OF which, we refer our readers to the docu-
ment itself, which! will repay. Notwithstanding its
extreme length. the trouble Of pcyusal."
The failure Of the House OF Remington. Ste
pdenson & Co. which. tho the FAC, is denied by
some OF the London Journals, must have been a
uiong the first in the city, created TOT season,
more sensation in the business world than any 9TH
er recent event. From various conflicting ac
counts, we gather the following particulars -
The firm consisted Of two Retningtone, two Ste
phensons, and Mr.. Toulmin. Mr Remington.
81. is an old gentleman, in feeble health, whose
son has wife and 10 children; Mr.. Rowland
Stephenson, the absconding partner, has seven
children. He is said 10 have been liberal patron
OF those connected with the stsge; and TO have
been dashiDg character at the West end. He
Is said 10 have been suior Of the celebrated
ca!ist Miss Stephens lie was treasurer Of ST.
Bartholoinew's Hospital, where ne resided; and
was returned TO parliament at the last election for
Leominster, the bank Of which place had, shortly
before the failure, large balance in the House.
Rumours that all was not right i'll the concerns OF
| this House, had been stloat Tor some time; and
statement in the Herald, that it about TO give
up business, gave additional currency to the re-
port. That paper seems to have been led to make
sort OF argumenia'ive apology, on the next day.
IN which. while an opinion of the perfect so'yen
. cy oil the House is expressed it is significantly
added, that II there was no truth in the rumour
It would be the irst instance record, of there
ever being vast deal OF smoke. without any
Gre
Notwithstanding this, such was the credit Of
The hrm, that a few days before the eiopement OF
Mr.. Rowland Stephenson, q OF the principal bank
erS OF London, having investigated tue affairs OF
the House, severaily advanced twenty thousand
pounds on such securities they found it to pos
seSs.-lheir investigation and their examination
oil the books, were rigid; but they did not deem il
necessary to inquire, what Exchequer Bills. In
dia Bonds, or other floating securities were
held in deposit. The abstraction of the first nam
ed vouchers is made n capital felony by late act
aI Parliament. Here. therefore, their examina-
ton was detective; and it was precisely the re.
H'oF az VI 'uesc winch produced the
stoPpagc OF The House. On Saturday, the 9th
Lombard street was thrown into confusion by
rnmor that MIR acknowledgement had decamped,
With securities 10 large amount; when, at one
O'Clock, otter having paid large amounts Of checks
/ and bills, the House suspended payments; the
other partners having had consultation, and in
forming applicants. that tho they believed they
were abindantly able TO meet all their engage
ments, they deemed it most prudent to stop until
they could understand their own affairs. and as
certain what property had been distracted.
Ate O'clock. the Solicitor 10 the Committee Of
Bankers made an application TO the Lord Mayor
for warrant against Rowland stating that he had
te'oniously possessed himself ofupwards Of E4O,-
0o0in Government Securities and could not be far
, from The city. The Mayor had been personal
acquaintance Of Mr.. Stephenson, and had high
opinion OF him as man OF honour. He granite 4
the warrant with reluctance. 1t was said that on
the preceding day Rowland had gone to pawn
brokers shop in Waiting street. and purchased a
; to load for him. The slopnan loaded one, but
put no powdern the other; and as Mr.. Stephenson
passed out. he heard the swapping Of one Of the
pistols (no doubt the unloaded one) and saw the
| flash IN the pau He did not mention his name
while IN the shop, but accidentally dropped card
with h;s address. which the pawnbro,ler retained.
II is said he at the Banking house. on the
same evening Friday) for some time alone; aud
on Saturday morning check on the house for
I; Gus. 600 was found in his hand writing 1t was
"
| three heavy trunks had been sent of by his d.
| recions by the Yarmouth mail.
Sixteen police officers set of on Saturday in
pursuit Of him, one of whom returned from Dover
without finding any traces Of him. He had left
the house in st. Ba5tiloiomews' hospital at two
O'clock that morning, but which direction he took
was not ascertsinei. The general conjecture was,
that he had gone to Liverpool 20 take passage for
the United States. The London Courier OF Dec
80, says-"it probable that he we'll prepar.
ed his arrangements, and that he proceeded from
some point in the river. If he went TO Liverpool
10 embark in the packet for America. he would be
disappointed, for the packet sailed on FRIDAY -
Previous 10 one o'clock, when the house ceased
paying, they had discharged several heavy obliga-
tons; and ii is expected, though docket has be en-
struck against them. tina! they will pay 2Ds. in the
pound.
The natives Of Mr.. Stephenson are yasiously
stated. One account says that he was desirious Of
forcing the house 20 bring its TO close.
II seams certain that there had been some differ
ences OF opinion between him and the other part
ners, whose misfortune has excited universal sym
pa.hy; az they are all men Of good character and
credit. The Courier says-"such IN event has
not taken place in the annals of banking. Distress
has come upon many. houses-tailuses have taken
place, but NOT single partner belonging 10 any
banking establishment ever before absconded,
and robbing the house Of its funds, left his part
ners TO abide the misery lie had increased, il not
created"
LATEST FROM ENGLAND. .-,
CHARLEsToIS, Feb. l2.-By the Dr. ship MIN
rod. Atkins, from Liverpool. we received at late
hour, q o'clocl} OFF files OF Liverpool papers TO
the Attn and London to the Sd Jan. inclusive They
| contain no political intelligence of the least inter-
| est. The dates from tho continent which they
contain, are anticipated. few extraets follow.
LIVERPOOL, Jan. 5.--Psft Of the wreck OF the
-. he. Io.n