Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1833-05-17
RichUnOnd, Friday, May IA.
THE BANK OF THE U. STATES.

l-
Richmond, Friday, May M.
THE BANK OF THE U. STATES.
A report has been sedulously got up for some
weeks, that the Bank of the U. States would be GER
tainly re-chartercd-perhaps with some modi6cn.
tons. An attempt has been made to reconcile TO
the Public this arrangement, by this sort of argument:
that we are to choose between a Treasury Bank,
and the present Bank of the U. 81! Indeed, this idea has
been carried 80 far, that a member elect to the next
Congress, who was supposed to be as violent an op-
poncnt of the Bank of the u. States as any man
breathing, has lately declared i'm this city, that he
would probably go for the Bank, not a Bank-for
the present institution with some notifications. rn.
tner than take, what he is pleased to term, a .Neto
YORK Fan Buren, Bank The design of the Bank
friends seems to be, to drive us into one net by the
panic fear OF our getting into another.
MIR. Walsh plies this expedient in tho following
article. But we assure him, that so far as we are
informed, the thing will totally fail. We deny the
facts with which he sets out. We ask him, who are
the Editors IN the South and South West, that have
changed their opinions upon the constitutionaliiy of
the Bank Where are these trimmers to be found ?
Does he find them in Virginia? No-For one, we
certainly will not strike our flag-let members of
Congress trim as they please. But does Mr.. w. find
the signs of these changes i'm our recent cleo
tons No-the voice of Virginia is against this in
stitutIon-loud, distinct, interchangeable. 1t is against
the New York scheme, if any such should be en-
tertalncd-and we are much mistaken, if it be not
also against tho Treasury substitute, if any such
~ 49, OoSb " UT EuC-nlT O1lnOUn
and a few of his friends in Congress, NAV be in ia
yor OF the Bank-buth he has always been its friend.
lie was one of its fathers-and Notwithstanding his
present new-fangled doctrines of State Rights, he
VIII Do found It's advocate ut the next Congress !
But the mass of the South will be strongly opposed
10 it-let the Bank of the United States be as
sured OF it.-For our own parts, we would rather
see the government sustain n grievous inconve-
nience, from the want of such an Institution; we
would rather see 1t pay 10, 10, 90 per cent. more for
transmitting It's funds from place to place, than vio-
late by such an Institution, the Federal Constitution.
~ u Dahk oe wanting Tor such a purpose, or for the
dement, OF the general currency, let the power be
asked for--and let the parties to the COMPACT amend
It-rather than thus lay again the foundation of fur
ther Entertainments. We subioin the article from
tue National Gazette"-and the comments upon it
from the OBSERVATION-DISCLOSURES asserts. in the
most positive terms, that the present administration
have no sort of intention of bringing forward any
such scheme as a Treasury Bank
"UNITED STATES BANK.
1.-The following remarkable article appears In the Ma.
donal Gazette of Thursday
% wv, ob q that not a fow of the editors and correspondents of
sssie the s sG"',i it iH Or. Ga saPsaispey Of the Bank Of the Uahed
force :, e of further enquiry or reelection, and their dread Of a substitute Il
PssjsSs,sd: They sec that the 7 soa.,iiaii :%sIS ssjes as v vain h "n: Be has al.
hands, Be dss%sd 'i i@dspsas sSs "'t oa al. Da result %T ,ssy hs a a y6S on ms al,
IpiissiiOn Of D 81 Stat" oro .S re banks ,s n i% ,ss W. si0 ss., Of , NE nut,
South s. n. Mns B, , ss,i s1;r.1 eoSn,rs with panss G mon q
r, ..sS' their Ss,s sh,sf s spp,;a a%s1s .o ,sIg,S; to The supposed plan Of a
DO productive Of more abuses, than have been urged against the pro.
that Mr.. BiddIe has been sianisred,-Nthat he might Ina hev" !. ~T'I bs,,
men. ofs dangerous PoSeI,-S'ha. the . Which i q S%6Ss' a@.
h hssi ~ h's', %Sea T ie:s s sS R,S,i Scas %Ssla m sS sami%i., s%S a. II all
''% %fh q p . + q ais s s% af %us have domon,irSbly exoted.
ahes with respect to any corporations whatever erected by Congress,
what they have deemed eviis1psi5nieiou. alternatives for the %Sss %.
OF Speculative opinion and ancient prejudice. They profess their
a head and directory for il, as wo now = have, c C. tnio i i !" S SSSS
assnsy By S %Sish ' ,%p Tsssa ndS '9 De o, %sp.ssa, t, ANY new system and
s,o &c eoniI1la and WELD directly the moncycd institutions aud CON
There Is no %mistaking the meaning of the above arti-
cie' although tho writer dcxierousIy uses language calcu-
lated only Tor the initiated. The "Southern and South
Western" nulihrrs have made up their minds TO support
the renewal OF the U. 3. Bank and swallow all their con.
su'nuohal scrupies at a inoutiiul. The above is the off,
ciai announcement OF the fact. Hereafter, therefore, we
shall see the National Gazette, whose editor is a man of
sagacity and Observation-Disclosures what lie is about, edging
away from lis hostility to Mr.. Calhoun, and gradually
Coming out in favor OF The nulIiers, or at least i'm p,llia,ion
OF their conduct.
"The friends of Mr.. Calhoun and Mr.. CLAY in the next
congress VIII Try their strength on this question; how Nj.
Webster and his friends may move is rather problematicai
had The friends OF all these individuals united in the last
congress they could have rc-chartcredt the Bank by a two
third vote. Mr.. Calhoun, however, was not in a position
Tor surh a course. II the friends Of these men all unite in
M next Congress, hey might be able TO get a two-third
Vo'e' had not the Virginia elections turned out as they
nave done. The approaching Kentucky elections will al
so be uDfavorable to the bank.
again, in the South, though the nullifers may support
me oahk under the new aspect of things, yet the majority
oil the southern delegations, who are Union men, will OPP
pose The re- charteT on the old ground. The Nullltiers
nave not yet majority in the South.
There is 10 Disgusting 1.-THE result of the next bank
campaign, depends a good deal on Mr.. Webster and his
New England friends. Mr.~Webster was originally OPP
posed TO the present bank-New England has little inter
est IN the bank, but has much more in the Tariff. IL is
MOI probable that Mr. Webster and the Tariff party will
allow MIR. Clay and MIR. Calhoun TO renew the bank. till
they see what is 10 be done with the tariff.
The writer OF the article in the Gizeltc, who may pro-
badly be the editor, attributes the Treasury scheme, as he
calls IT, to The Vice President. We doubt whether he has
any other foundation for that suppo.ition, than a wish 10
throw out the idea for effect. We happen TO know that a
distinguished statesman Of Virginia. sort of a nuli6er-
$ more entitled to the authorship of that plan than the
vice President. We speak from personal knowledge. But
the iriendso Of the United States Bank may rest assured,
that all their alarms about the Treasury Bank are founded
IN error. fherei is no intention in the present adminis,ra.
non, 10 bring forward any such plan. II the charter of the
sank be not renewed, the subject will be left to Congress,
or the State Banks viii assume their proper and Legitimate
acuon III regulating the currency OF the country. They
are perfectly competent for all such purposes; and will step
into the shoes of the United States Bank as easily ns if thew
had been made for them.'
is The "Pennsylvanian' at liberty to inform us,
WHO this distinguished Statesman of Virginia" is?
-Enqarer.1 "
LIEUT.. RANDOLPH.
Ihe Globe, which reached us by Yesterdays Vail.
contains n very interesting article nm a7TJe oy;,;o.