Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1832-01-26

X, Olgb tbe
agency Of Bank Of the United States modified in n,
principles and structure, to o6viae constitutional and
cit is thought practicable to organize such bank with
the necessary officers branch of the Treasury De-
partment based on the public and individual depostcs
tcfhout Potcer to make loans purchase property
which shall remit the funds of the Government and the
expcnces of which may be paid il thought advisable by
allowing its officers to sell bills OF exchange TO in
dviduals, moderate premium. Not besrg corporate
oody hdrng no stockholders debtors or ,roperfy and
bu Jeto officers tcoid NOT be 10 H. son.G
uf,cndf objections ,cich urged against the present
odn"-and having no means TO operate ON the hopes
cars or interests of large of the community il
would be shorn OF the influence which makes that bank
formidable. The States would be strengthened by bay
ing in their hands the means OF furnishing the local paper
currency through their bankswhe the Bank of tho
issues OF the State banks by taking their notes in cposo
'or exchange only SO long as they continue TO be
deemed Win specie In times Of public emergency tho
capacities OF such institution be ENLARGED bv To-
gislavc provisions. - y Il
"Ihcse suggestions made, not much as a recon-
mendaon, as with view OF calling the attention of Con-
gress to the possible notifications oil system which
not continue 10 exist in its FORM without
al collisions with the local authorities, perpetual a
and discomfort on the part of the State, and
inc people, -PresidenFs Message Of Dec. 1880.
Here, the President himself tells us tint the R.nL
ne proposes is not obnoxious to the constitutional OBJ
Jections which are urged against the present Banl
ana sun the lntellgencer undertakes say that the
President does consider both the present aud the
proposed Institutions as alike exempt from const;tu
tional objections!
We are reminded of the late Report of the Sc
~ ,e'iy vi inc ireasury-in which he declares tho
Bank to be "indispensably necessary"-And we are
asked, how after this the President can put his veto
upon the bill? But may not the President and tho
secretary view this institution i'm different ligbs?
Nay-does not the former substantially tell MS i'm The
above extract that he does not consider il as ainds
pensably necessary"
| The queries which are addressed TO MS with so
much pathos by the N. Intelligencer are scarcely
entitled to a serious answer. We are not "wcary
oil Representative Government" We are not "rendv
TO wrest the crown OF sovereignty from the People,
and place it upon the head of General Jacksonn-
Nor are yet ready to Law the Constitution of mr.
country at the feet of any inoned institution We
will do all in our humble power las Mr. Jefferson
says 'to save the ship, while single man is left to
tread the deck" 0 ll-.f
One word more-,rhe Intelgenccr charges us
with uttering suggestion, which is "unust to tho
distinguished Citizen who prcsides over the Bank of
the United States" We should be sorry to be gull
~ of the least Injustice discourtesy to SO distin
guished Citizen Mr.. Bidde. But for the life of
us, we do not see how have done So We have
said, only, that the Bank is no,c pressed upon Con
gress by the President of the Bank" And is not
tins the iac Ii avails little for be told athat
the President of the Bank can only act i'm such a
matter as this by authority of the Stockholders; and
hat such authority was given at their triennia meet
ing late last Autumn."-Is it not also known that n
discretion allowed to the President of the Rank
to present it at this Session. not as he pleased?-
Or, what avails ii say, 'that the Annual Election
OF olfcers of the Bank was then at hand, and
dehcacy suggested delay until the sense of the
stockholders could be ascertaned OH that point also.
and that within week, promptly as possible after
that election, the memorial in behalf of the Stock
holders was transmitted to ConQressn-Tbe Intelli-
gencer thinks 1t "no more than justice" for us "to
state these facts"-We do so with pleas,lre-but CIR;
Bono? They do not prove that the President of tho
naiik mas not pressed upon the present Congress-
IL is sun true, that Mr. Biddle first hesitating
whether he would present the memorial or not
mat Inc was sounding the way before the Election
Did not friend of the President worthy Citizen of
Philadelphia take much interest i'm this utestionpl-
m. med IN
contrary to the advice of some of his friends-con,
tfafy To the wishes of Mr.. Dallas himself as WINS
avoWea Dy nun IN the Scnate-and that it was
pressed upon Congress, and will then be pressed
upon the President, under certain political calcun
! tons? r '-
Editorial ctanges.-Mr Canak has retired from, ,h,
georgia Journal which he conducted with so much abi
Vie Is succeeded by Oliver H. Prince Esq of Ma
eon-who promises TO be ornament 10 the profession
our former fellow citizen, Seaon Granand Esq has
aSo retired from the editorial chair of the Miedeevillo
hecorder'-and given place 10 NJ icr Gricvc ESQ late
secretary to Governor Gilmer-Mr Grieve is spoken of
as mighty qualified for the post he has assmed-But il ia
impossible for part with Mr. Grantand who", ,hs
deepest regret-We have known him lono-We kno, hi.
s worm ms hne talents, his devotion the republic
Ca" INTERESTS and his uniring exerons promote them
II IS WIN great satisfaction learn from his Vaiedic-
Tory ADDRESS, that he reres from business which has
d1ued MN an sample emolument." H. closes his fare
well IN The following affecting strains
feelings "Io' "r of o Ts "y. can he sree his
"ye,,y as pss ivy oil % s.d
count, nance has sustained him, and dieul,.S TO
ow ing
,mI. knues oil Friends most hofal Of Patrons no. Vic
F'oP'' you ann yours, now and hereafter"
me last Miiledgevic Recorder announces that Sea-
1o' D,onHd'td Esq has been elected President of tho
prahcn ,"nk oil the State of Georgia. in this place vice
IL clayton, resigned The latter gentleman now
nus 'he ONCE oil Cashier in the institution"
Ihe Debate in the Senate nj The u S-A leuerd,
yea al washington the 9th, states that Mr. Dick-
cFsoh OF ~ j. had addressed the Senate the dov he
oe-hat he confessed the South the land favored bv
uoI ana ~ are-tha under the Free Trade system she
coud send her ahundon products TO foreign markets-
't e worth could not turn this 10 yantagcand that
oy me protecting policy only could the North share the
advantages with the South &C. "The agitation here
Says the wrtcr) il great believe there is no homo
""' our Ia -masters will LET co."
Ihe Irediies.Mr. Hodgson has arrived Al Bo,,o,
with the ratification of the Treaty with Turkcv-And
MR. Jameson has arrived from Vera Cruz with The (on
hercia treaty between Mexico and the u S.
" We had hoped it would be in our power odav 10
Jay he rest OF MI Brodnaxs Speech before our readers
pul e indispoion and engagements Of that gentleman
nave prevented his Flushing it. We Law Mr.. Bruce's
snort put striking, debut before thcm-and VIC hope on
Speeches. WV "''''
Eszzzz=sSsea<.zzs-.-Ss=r-
ron THE E.VQUIRER
INTERNAL IMPROVEMENT
SO much has already been written on the Importance of
immediate exeriion, The part of the State to form com
necton between the wescrn waters of