Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1831-10-21

CO silver soins which 70 little than they
really worth, will always DO 10 the msrke and used
by saiers in preference 10 the perfectly current note
or ,he moro valuable coins.
Then THAT |. clearer than 'ha,i, 10 tho in,ere., oil
the N. b,pk, TO exp,r, their spseie, or fr ,h.ir
sustoners 10 export II, IL Il will produce pst6L-A
pr b l, made 20 the county IL u will p,y enough
above par 10 remuuerae shipper, insurer ard own,r
Bui /, a an evidence Of wan, 81 Comm ertisl pros
pery. IL he ry made poorer by i,s .xpor,sdot
is not, Il he simple opo ion already stated 10 true
Whore 10 The rjnr,! Toe New York bank. have nc
,t,sted. There IL sno'ber view Of the subj.c. Toe
fall trade IL now far eoncrrn, the imro.ta
,ions. No continued drain 10 to expected.
| Our impor,a,oDs pominally have ex .eeded our ex
por'a,ions about milions during The present year
there mion' part 10 THEORETICALLY 10 be set 10 IN,
account Ct he China trade. Uaited ates' B,uk cote
or crsf's Eoglsnd subs iuted, and LIZ million
must therefore DO charged to thai account leaving ,h.
real amount OF our extra expectations At alb
sum.
Sill largo sumo Of bullion remain at the Mint. large
amount OF gold IL constantly dug up At The South FROM
eur profits mines, and every arrival from South Amer
| "a brings large rewiusoees Of soin.
The temporary scarcity Of coin a, New Yo,k to ship
by the late packets that being the only American por,
whencs II is carried on, will matter OF course he
remedied by tho tendency Of this article 10 end s level
bi ,m OF Exchange from the Wet Indies and Canada
will be thrown into market, and before month IL over
Inc whole thing will DO on its proper footing. The
Binks being ALI, d. will for their
Adsanate. aud the tendency Of one Institution to
"ke advantage OF another, will be prevented by the
sommon bond Of self interest and The operations OF the
Safety Fund system.
All 10 necessary cooness and caution The de-
mand Tor our produce recently created 10 the West
Indies by the late devastating tsmpe,ts will raise the
prices and Restore the markets.
As to FREQ trade. hi' no way connected with The
Pfesea' STATE oil afalrs IL 10 for tho interest Of the
country TO buy a. cheap AZ possible, then surely il 10
well TO have sompctiiivn 81 home against the fore
manuiacuIer. II money is worth any thing 10 the
foreigner, II must be 10 tho home producer If thsre
10 suc: Thing a. a profit In trade, we may as we'll
keep among our own siiz ms. as give il to others
10 admit foreign good, here without restriction,
would be Increasing our debts abroad 10 such gu ex
tsn', that general insolvency would be cur only
m cans Of payment We have now -four md surplus
Of cotton on band at this very moment, bu, Egg and
WIN not receive them on terms profitable TO US, and
I'LL she does, we mast send 'pesi-. We shall, how
ever necessarily contrast cur pursha,es, and our
'rrng impor'a ions will to found very light, The
amount OF money thrown into market by the psymen,
OF the millions OF national debt, will be perfect re-
lief Of ,se every thing else being left out Of The ques
nSn. we repeat il, therefore, there is what
o's' 'o' A'afm' lHAdny Dai. lido
REPORT ON CoMMERcE.- This document 10 which
We referred day or two since, contains mapy very
interesting items Of inform alton the subject, OF the
Haue, commerce and manufactures OF the county.
he Whole amount Ct exports from thi, country 70
he Bri'i domipion', (wbish term includes England
$50 lend, Ireland brs ar iisb Eas Irdies British
West lndle', Newfoundland, b. iish American Colo.
uies British African Pori,,-apd ali other eoIoni.,
Tor I've year Guiding Sep ember Both, $780,.
OF thr.e, the domestic produce expor,ed.
amounted 10 500 757 ,O6S
or kregn produce, IL 9OsIs
Tee imports from the same Places for the .an. year
an oan'ed 1926, sO4 9S4
States 10 the British dominions Of our own produce
exceeded he whole amour, OF IMPORTS from the same
places by nearly THREE MILLIONS or DOLLARS
Inc Ike excess IL shs~n in the OF France and
'he French domn'ons France, on The Atlantic, France
on The Medi'er'anesn-be French West Indie,, &C.
and a, the French Ati;'n POr's) Tho whole smOun'
9, EXPORTS 10 'hese iiase', wcs $ll,S06 23S
vi these, there were Of dom is
produces, &c. $I0sO6 2ss
or foreign 90. llO6 900
-SlI SOC 23s
Th' whole amount d IMPORTS from the same p.aces,
{ the same period, was SS 24O ss5
Leaving an excess Of EXPORTS OF domestic produce
TIE wtoe smcun, Of Cotton (domesiie) .Manufde.
Tes OF every description, expor ed to ali p,rs The
%orS Tor the same period, was Sl.sls 1888 Th. in
tiudss Twist, Yarn, Threat, &e. IBaH. Rem
BANK OF THE UNITED STATES.
We give place to-day to the r port of the Committee
app 'io'ed by the stockholders OF the Bank Of The
avs al their riennial nesting the 81 Inst al Phi
ladephia to which would direct the OF III.
rsadeT. The report we und rsand 10 be mere sypop.
SIS o. me sontenis OF ME made by In, D.
res,ors OF the Principal Bank 10 The s ockholders
Toe manner in which tho Bank has b. en- coodus' cd
seems TO havs given entire satsastion 10 the cck-
hoiders-and they manifest great olicude on he sui
jesi OF the renewal Of the charter W. are ready now
a. we ever were, concsde that the Bank has o the
main, been well condused, and that by its operations
the currency OF the county, deranged by tho grea
number and variety OF the bsnkrK Institutions ha,
been veiy materially improved. The Committee be.
eve 'hat an ieieni adDnstra ion 10 alone neress.-
ry to develop The pows" and public OF tho Bank
10 its existing FORM
The Report authorizes the President and Directors
Of the principal Bark apply 10 Congress for renew
al OF the ehsrier-to 'atcept sush terms OF renewal
az they may think just and proper" such as "Con.
gress may impose"
Though VS. console the general utility Of the Bank,
and the iaei That 40 Ds u,ion which will sfo The
same facilities In eommeree-discoupis and exchange
W u ever be neee"sry-we sannot yield assent 10
all the positions taken 10 the Report.
When tho Committee, rema' X, "that an efficient ad-
minlsha'ion is aons necessary develop tbs wers
and public uses OF the Bank in ito existing form"
understand them a. setting up a claim the reIewa
OF the charter without modihcs'ion This 1, the
ground on which the Bank has been advocaed, snd 4,
|, the rock on which IL will spit. The Bank in
s existing form, ought not TO be perpeuated- 10 other
erms ito existing charter (Which gives both form and
te 10 the Bank ought not 10 be renewed in is exist
ing form
Wa Pro'eft against the power with uhsh She B,k
% now clothed, TO bold real esa without lni, as to
ho 'mouni or value Off. by which |, may subj ct =
mum Gus "naD'fy 10 lis control, and thereby WELD
elections in the visni'y OF the principal ba.k or n
brar chss.
We protest sgains, the power now possessed BY The
Bark, 10 establish B:aneb Bike, when and where the
corporation msy mink proper, as ID 10 obvious that an
abuse OF ibis power (boud the present charter be re-
Dewed0 may plase the Ame rsan peopl, under his 20.
vernmr nj Of h, Bank.
r. Hitherto the Bank has not attempted o control The
d. btraioDst CongreH, experience sdmonishes a.,
,ba' snsh an ejrt may be anticipated whenever the
Institution shall deem il necessary or expsdent 10 pro-
mote ils own interest," or TO favor The anti lou, a,pira
ons OF an indVicua' with whom IL may consider itself
iden'ihe Mr.. Madison, when 10 Cong .s.s contend
Cd that the p-wer to essb ish subordinate banking in
or brspcbe,, ought not 10 be vested I'm any
corporation under Hesver' We held TO he Same opir.
Ion pov, and think the homes, DOR ion n our
he rset itud. NJ