Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1830-01-28
Ntrtts1otIO SHaDt0
F4UnkDAY MORNING, JANUARY "a isao..

+ ft1Hf thdrers.--As we foresaw ,---hnoxirr from
long cbscrvs,ion how things 20 hercbut os NO mar,
conld hase f"rcsecn' indging from theswsll known
tensprr OF The pnbc, and tho tax among meibsr RS
before the.screws were aajus,cd- Mr. GiImcrs mo-
Nor The inlrfniie posponeu,cnt Of tho fesolu-
fnns of the Select Committee favor' Of rene wing
ihe charters OF the Bank OF yirCinin, the Bank Of
che Valley, and the North Western Bank, was yes
ferday dcieatcd by v'in Of III 10 IS. As, Tar as
our personal feelings are cunrtr.cd, wo Gould well
reloice iR this eyent. securing permanently as it
docs their Offices to pany excellent ciiizeps, our
PERSONAL friends who cpjoy siluationain those inst
tuiions. Its an cy wind. that Lley. nobody good;
and we arc inclined TO believe, thu, this good will be
che Gum total Which tho measure of rccharieiina viii
effect -
The motion was yesterday supported hy Mr.. Ga
Iner III a very hundsorue speech. md Ivy Mr. Epres
in speech of vigor and dowmgh candor. in which
he probed the Bank estimates with great soveritr
exhibited estimates Of his own displaying the cendi-
tlup OF the Back of Virginia, be different from
what was represented 10 be. ard tgning tat wc-
Their rs situation was good or had, il oughtto be
wound o', ,as if good, no occasion could more
suitable and Ii had, the sooner the state Of things
vas faced. The Joss wide wouG beihe disaster
Mr., denied that S,a,eor Peot,la weald be injured
hythe courses, and ridiculcd the idea. that Widows
aud orphans were conceruud ia The issue to auy ex-
tent which claimed ID. syuipaths, or ought 10 con
troll the coarse Of tho Legislature. ahs notion
was opposed witliforce g. Ingenuity by Messrs. Ma
son OF w. Rutherford and Kerchcssl we have
not attcmptelto A.,s.ehthc dcba,a, beSsnsc the To-,
pics Of the urgnmcnt already f.,rjliar In, the
publicnamely, the dargerof ptessute ap,n Tie pub
lcby the suspension of the Banks in no nec,,ssy cf
csttaiia and the fail o. Stock the amount Of stock
possessed by the Stae, und the circumstances iliat
whether the Stale had Banks or NOT, she wou ID hayo
paper currency. s-r ~ . "a -.. --,,..-ss "a.
The Banks may therefore, b. considered as alrca-7
dy rechar,ercd g. it ,ust be obvious from the turc
Of this second attempt the progress of bank
ing, and to effect return TO tho good old duy OF
slow, but sure and unhuctuating prosperity that the
dream is too visicnaryto be INDUCED. Vheu it is
remembered under what extraordinary circunlsl an
the present stand do ag ainst them---that
new Government baving in high degree, as ii
viii, the confidence of thereope, and speaking their
voice more fully than this do is about to TO INTO
Operatior--that thsfe peculiar fitness in rofer
ring this branch of State policy to that government
which will supervise all its general policy aud con-
cerns, and peculiar ptoprcty in liz being lei
alone by this Government, just expiring, which,
had determined inerneddle at such cfisis lin no
general Legislation and which does not possoss the
CONFIDENCE of the pubhc-wheD- above all it Is a
fact which We believe no intelligent man viii q,,es
ton, that take the country through and through 9
men ought of every 10 in Virginia are opposed 10
Banking in all shspes and degrees--we say, thar
when these, things considered and the vote OF
the Legislature yesterday looked at il must strike
every observer, that Banking influence is now, and
will continue to be appalling, overwhelming aud IL
resistibe II is strong for that which in this
country has been imagined invincble, arbitrary and
dcspoticit is too strong for public opinion itscfss
We look AT this matter with sole reference to tho
public, for wo have private views TO psomste no
private spleen to vent, enmty to crafty. Several
oftIo officers of the principal institution, here and m
its branches, the best friends il has ever been our
happiness to possess, aud far from wishing to see
them lose their salaries we should be reoiced to sec
them trebled. But We have viewed Bankng rs !
public concern, which fed within the Legitimate roopc
Of the criticism ofthe press, md upon which had
not only right, but it ~asont duty freely TO express
our opnonss The worst feature IN the matter Seems
to ns to b. tho log-roing Had either of tho Tires
Banks come before the LogisIaturo separately, W,
viii not uutortake say 1er the vote of vest eray
tiia il would have failed in its Object, but ten day
ago, we would have pronounced tat it had bat
small chance ofsuecess BY clubbing the three con
Germs, howovoT the friends OF. the Valley and th
~. w. Bank, confined with those Of tho Bank o
Virginia, and thcse of the Bank OF Virginia will
them--and fhis,togOthor with hint from the latter
that Il might be expedicnt 10 locate branch on tn
upper Roanoke-an c&pcdiont by which the Farmer
Bank was helped along years ago--secuFcd ma
j0fly in Che HOusc Of Delegates. Disastrous OF be
neheialwhatever the result of rcchartcring may b
II nust be Owned, we think that this Is not lust an
proper principle of legislation, by which neasnrc
arc elected by sectional Combinations. uhd ID
decided upon their Intrinsic and soparato, 70 srti
we mean dTepcct to any man or sol Of mon II
this charge Of og-roiling--we' only say IL Is in
possible to believe that these fhrco Banks, on
expiring more than three years, the other two ,nor
than four years hence should all by accident hay