Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1833-12-27
PHILADELPHIA BANKS.

we announced few days ago, that there had been
meeting oil delegations from all the Banks in Philadel-
pha, except the Bank Of the United States with the
view oil devsing means 10 relieve that community and
mat resolution was adopted declaring they would
all extend their business forthwith il that Bank would CO.
operate. This, of course, the inerOrable MON ARCH
refused to DO 1t would his Majesty then signifed
to them, that they must humble themselves and beg Con-
gress 10 give him back the deposites before he would
del gn TO take into consideration the suerngs of his lege
SUBJECTS in the City of Brothery Love. In the reso.
ton then adopted the Banks testified to their entire con
vciIon that nothing but tho cooperation of the Bank
The United States was necessary to give complete relief
and OF that fact doubt But thai nosi,in ,h
Bdnh Wondrch ordered them 10 abandon and thew have
abandoned it. IVY '
Ga the morning Of the loth inst roeeing vas caus,
oil he Presidents oil the State Banks the Bank of Penn
sylyand, Bank which is under the same influence az the
Bank OF the United Sstes and whose Solicitor Cbsunccv
leading Director OF that Bank, where the ollowino
Memorial was produced, and special meetings of The
Boards OF the several Banks called Tor that evening
TO act upon IL, viz: e
TO the Senate and House Of Representatives
" The u. States in Congress assembled:
THE MEMORIAL
Ofhe undersigned. The Presidents of The State Ranks
located me CFfy and Cot"lty@ Phladeiphia, acting
under The authority If The Boards of Directors of me
several Banks, 80
Respectfully representa-
That they address themselves 10 your honorable bodes
as the Guardians Of the general interests of the
and as possessing alone the power OF remedying the exist
ing distress and OF avenng the greater caiames which
are OBVIOUSLY impending.
That one Of the first blessings nation car possess is
sound and we'll regulated curreRcythe solid and sure re-
/.
aho " no. The least among the many advantages anti
CiPdeu from the Constitution that the whole Union would
ny me begaiye power be relieved preserved from
ne usngers ana disgrace OF deprayed irresponsible
circulating medium. Such sound currency die ns,ioo
has enjoyed, by means Of the Bank of the United Sates
established by The wisdom Of Congress- and the nerna
occupation OF The Undersigned Hsifies them in s,so
Their conviction, that II IL owing, in great deoree n H.
Judicous operations Of that institution b, TO- to, -
past our moneyed system has been so petlec,-and H.,
whether lie soidy its adaptation TO the wants Of ali cla
o. 'he community, its acitios for internal commerce AMI
IT'S protection against the vibrations o. foreign trade he r
gTaea mas no superior in any country. II is herefoe
WIN 9eep regret that the undersigned now constran
ca 70 INFORM Congress- that in their belief this system,
"n me signal prosperity it has produced has undergone
sunaen ana painful change. z he moned operations
oil our commercial cities almost az stand ts co,,.
metce between me states is sgsn lsboring under a 1x
whch must continue Increasing of loss ON ali ifs ex
ohahges me circulating medium already begins 10 a.
range itself on The scale Of deprec while r. G '
o. i9ese evils and not far behind them NAV be- snnS
pended general abandonment Of specie payments PP
IN l9okIg ioy Toe cause Of this state Of t6ings f nm
sersgned eel no difficulty 10 naming that which il =,
obvious and adequate. On The LIST of October Iss,
,I h noned system Of this country commenced TO-
-. % the eye Of a common observer IL seemed
De ne mere transfer Of the public revenue nom one
p'ns % many BsnEs Rgt Il was, 10 fact the dsorgsni.