Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1833-10-01
POLITICAL.
W AsHINGroN Seo,c

suen ana ms Cabinet have been placed by the proce
ngs recently adopted in with the nj
tue public dePosites from the Bank OF the United States
we nave obtained permission state that difference of
opinion has prevailed between the President and con-.
members OF his Cabinet that subject; hut that M. p
scnt has caused il 10 be stood that these mo
ceed'ngs are not to be considered Cabinet n,ea-
sure, but one upon which the members may consci-
rniously difler from the President from each other:
Ahd subsequently TO the appointment OF the present
e'ary oil the Treasury the President has assured those
gentlemen that however he may regret the difference Of
opinion he is satisfied that it on their part az |, 4, ON
ms the result OF an honest and conscientious conviction
winch they are free 10 entertain and that their doing SO
In no degree lessons h confidence and esteem for them
or w.il In any way be permitted to interrupt their
and personal relations finally he as expr,ss. his
earnest desire, that they should continue and Afford h;
that aid In conducting the oIher affairs oil the admin.tra
vices Globe. ~ '>'
We see that the opposition pres. are extremely soic
ous 10 avail themselves OF the weight OF Secretary
as oeing peculiarly imcal TO the views OF the President
IN relation TO the removal oil the Deposes il true Co
vernon Cass /, TO remove IN. D.ros
under existing circumstances, but he though, the mere
question OF removal, sn overrstci one.
lie gave no written opinion, said bur STATE ed his
views verbally TO the President In auson 10 these cir
cumsances, spoke yesterday OF hi, indifference in m
Sr" 10 me matter and trns, the opposition no, pain
assert as means of sustaining that he an
~ opposed me measure or assume that he any degree
approved The conduct Of the Bank exposed in the Pre-
sidehts opinion delivered TO his Cabinet.-Ib
THE SUMMUM BONUBI; Or GREAT MODERN
DISCOVERY.
MOST OF our readers who have dabbed in classic lore
he
ancient philosophers had in solving the great question
what constituted the chief good of le-,be
source oil The greatest happiness the great
est number OF mankind Among them all, there as as
usual in such important questions no two that agreed on
The matter Each one had hi. favorite good-hs chosen
stan on which he leaned for the
OF lie and such the lion OF these Thar il,
time the Summum Bonum if w. arigbt
equally nfable ' anu
In this deplorabe state Of doubt and uncertainty man
kinn renamed during the darkness Of antiquity, pre-
s,ous to The birth OF the great modern Puus Paper
system together with its legitimate progeny moilopbiy
corruption and all those that lie the root 81 M
oeggary aud oppression OF so large portion ofraf.
man race True, the stupidity OF sactcd nspixariob
which unhappiiy does not keep pace with the progress of
the age, has denounced money he root of ali evil
But, in order reconcile our yeper.ton for fe a,.
source OF our fah, with respect for wisdom
we are driven 10 the conclusion that this contemplated
only the precious metals and not paper money; other
money, with the vast benefits derived the great Pa
per System might be in danger OF losing our reye
renee Tor Holy Writ, and relspsing into the darkness of
Pagan superstition.
Bu', however this may Re; in proportion ~ the ewes a.
mankind gradually opened aud their phi'oophy expand
ed 10 proper percrp ion of te BLESSINGS of tie
Paper system, many OF Them, and especially Il ose who
Moh' poised large portion Of lis beueii s. began 10 io-
cline 10 tie opnion, that the great discovery which had
bsfiled The sagaci and eded the researches f he
ven wise men of Greece, aid-d by all the Sc philoo
piers had a, length been attained ny the progress of the
age, and the march oil mind But still hey continued ,
Wander In the MAJ OF uncertainty noiw hsand ng in,
exer'ioDs OF The political economist enlighn the mo
pie core rnIrg The great blessings Of he great Paper Sys
lem, ana teach ihem 10 siaivo upon the
cal principles me ncued towards - national deb, Of
tew hundred millions oilers 10 competent ennis sion o
exchange bills others private houses. hiI.
those no took more large aud liberal view OF tle ma
'er, came TO the tGly philosophical uson that The
old sd"ge ahou .'ioo much OF good thing Yves hish
worthy o. The ddik ages that paper money was GER
ianiy coed thing, il was impossible have much OF
H. aud therefore, every man ought 10 be bis banker
and make his own paper money
Thus though the light Of truth elmmered was as Ia
per emitting its feeble rays aar off, sometimes
at others invisible; coniounding and misleading rather
than guiding one common centre nv one comuo,
Pah un suddenly The truth burst upon us were
rayed in all The spleDdors Of the MONDAY sun The
bshment OF the BANK THE UNITED STATES soy.
ed the problem that had puzzled the wisdom antauity
aud the discovery OF the Su,nmttni Bonun was al
length achieved, by The superior sagacy of Republican
Legislators aud political economists The wonders il
already accomplished. and will accomplish, if its exist
ence only PerPetuaed establish the that this great
desderatum of universal good, has hecn at length not
only ascertaned but actually embodied in corporcaI
sehce. So that the irreverent and pilo
sopher satisfy himself of the fact by going TO Phi
adelpha, and borrowing fry sixty thousand dollars
more or less.
Those who are not worth conrating by loan and
who may therefore perhaps reasonably doubt of the
y OF the Sumnum Bonum, and The Bank of the United
States, may receive demonstration al the hands Of the dis
inguished morais, economist philosopher patriot and
republican, who, under the signature OF Cato has
upon series OF arguments, which have no other fault
than proving much, that the portion OF his eaders
quan,ed with the virtues OF the Stimntm Bon,n are in
great danger OF believing nothing he says They will learn
virtues OF this Universal Panaceaihe Bank Of the United
Sstes-sias, the great Summm Bonun that i,s first ac
that of establishing the Public Credit at the very mo-
ment II had credit Of its own-when in fact il was on
the verge OF bankruptcy Its Stock deploraby
and when had become notorious that il only sus-
tanned in the small degree public confidence
ed, by its connexion with that very Government, whose
credit II restored in such miraculous Could any
thing less than the great Summuni Bonum have wrough,
such extraordinary effects in direct opposition know
causes' certainly NOT aud appeal the re nemen who
have been accommodated with loans, TO swear poive Nv
TO fact contradiced apparently by both
rience, which in all cases, except
Of some little authority.
The exploit OF the great Sun,mu,n Bonun,, was
equal zng Exchange, and furnishing uniform circulating
medium 10 the whole United States, which miracle IL
achieved by the simple operation Of making them both
equally different, in every section OF the Onion. Th.
appears rather an ab'urdiiya sort Of sequitW bull
but IL capable Of demons ration, for all that We
ed a distinction without difference hut IL is only those
deeply INFLATED into the mysteries OF Iogicand the
Summum Bonun--that aware OF another and atiil
potent opposite agent, called difference Uifhou a
distinction. BY the dexerous OF this last nothing
is more easy Than contradict the evidence Of our senses
nuy The direct conclusions Of the understanding. and
prove clearly the existence OF that which every body
knows does not exist For example, Every body sees
feels snd knowe, that there has been actual equsiza
ton Of Currency and Exchange, every body knows
there difference between what is equal and what IL
equal But this difference creates Distinction and
therefore ia the thing in Bank logic, whether Cur
rency and Exchange are equalzed or not II s only
difference without distinction; and II the Rank Of the
United States had done nothing else, the discovery and
pcaton Of such important logical weapon, would gc
FAR 10 maintain Us claim 10 the bonoFso the Summum Boz