Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1833-01-08

MUST BE OUR GREAT SoUrHrRN En,poaruN, or ,,,
can nave none Let Virginia, like Maryland do what
uue 20 herse and leave the the natural course of
opinions. ny
Now, suppose can. if we all unite rase up wealthy
Guy al Norfolk what effect will it have Virginia below
'ne mountains The nearer wealth, commerce. and ma
nuaeures land all our towns at the head OF tide
are wen situated Tor manufactures well as trade are 10
IAN ed property, the valuable that becomes The
more that increases in value, the IL becomes subd
vded, ard passes into the hands OF industry and wealth.
anu the greater the number Of industrious farmers the
more musttrade and manufactures flourish Will any man
say mat the population OF lower Virginia should ever
uouoed IN number, wealth and enterprise, our towns
would lie IN ruins aud our merchants continue 10 be the
mere factors OF northern capitalists As our political eco
however aiPresent manage IT, much of our wealth
ana all our incredible and incGlcidbie resources 90 To
raise Up cities elsewhere, and enrich the people around
mem so that, even admitting could pay double
freight agencies, and insurance. and still get as much for
our produce as we could get by having home market
we still give our real wealth o others
hat would be the effect, too OF such state of things
on our monled nstuiicns Indeed nothing il done
bring forth the latter and energies of Virginia
what VIII be the condition Of those institutions a lew years
hencei
If the constitution shall not be amended so as 70 eivo
congress the power, under safe and proper limitations 10
charer Bank we can only be saved from another paper
money era, by an OVERWHELMING BANK in some over
whcIming commercial ci Y, that shall become the rx
CHANGE or AMERICA, as London is of the wo, and
which by the rejection spurious paper from its exchange
viii keep down excessive Issues 6v State Fanks Those
VINO know more OF this subject than do know whether
here Is MOI such thing eret notc in embryo.
The wider the circulation that given 10 the notes
such Bank his the greater can be its issues and
me greater will be the profits OF the stockholders will
pe ,ne only general circulating medium OF the country
because VIII be most contided in by the mercantile
world, and be most convenient il not essential to them
ana mus lis NOES will rarely be cdShed the counter
henl'lances will be made TO all quarters in these notes
as they viii generally be par UaIue, il not more IL
WIN nave no branch however, the State 10 which il
oeohgs' ana where remitlances cannot he made in its
notes. from what other quarter will YOU be more able TO
obtain ILLS than from his Bank and its agentsi Our mer
can'lIe men, and nks, would they turn their at;en
uoh 10 ~ could give better information this subject than
ou' 'hese are very crude notions about the matter
such an institution this (Which cannot fail 10 give an
OVe'tcHemg influence 10 the State which il may be-
mo"gD may possibly be better for the country than d
Bank oil the United Sates-o this say nothing Certain
am, though, that this will be better than that paper
money from which we have lust emerged Rui ,,bat
wl be It's effects on limited State institutions of the
KIND your notes go beyond the limits of the State so
as TO lai into the hands OF this Rank its agents. obey
may not go many yards from the Bank until they do hl
Teler's drawer?
But supPO Virginia, in anticipation Ct this or Of any
oher greot crisis OF her fate (or these times big wi
the tate OF nations well of ndvidussO should inn
prove the time, seeing that me days er and should
within The next tour years, have made strenuous rapd
and successful strides career of determined SELF IRE
SFrGt'o she will have given such an impulse 10 her pros
perity, that nothing will be able 10 resi-, or s,o II Sir
hs the means OF SELF preservation or Of self agyandirc
mem within her own power, which nothing but her oicry
,cH can destroy.
From The impulse Of the best vic can AXE into futu
my, take the Liberty only TO beseech but TO warn
her, most SoiemnIy, not TO DELAY moment in puing
those powers into action. his prayer and this warning
must present, and make known, my advice and
instructions to you may avsil through YOU representa-
I'VE OF the people in the legislative hall Our Bank could
do great deal, and ought do TO prop the State and
arrest iheir own downfall. Whether ihey will do so or
no. Know not IL the words, ONWARD MARCH ware
me imperative command of Virginia, and she tcGs in rt
any marching on with firm step to the attainment of
Whai belongs TO her, moncd institutions which other
wise arc destined ere long rembe before every breeze
could hd defiance even 10 the northern GIast most
sincerely hope that the stockholders and the Presidents
ana Directors of our Banks will look ahead and consider
well OF these matters.
ne James River improvement, seriously unGorts-
Nen is guarantee OF every other Improvement that the
state can want he stock fail to be of reat W,
ue' subscription 10 il by the Banks will ensure s
Saniy ana eventual rise in market as pubic attention
WIZ mus he hxcd upon il; and only wants TO be qceU
understood 10 be appreciated ] may be mistaken but
know OF no took III the world dat would rather sub-
scribe million OF money TO- than i'm that had so much
10 invest 1t will yield, from the beginning dividend
equal 10 the interest that British ndor would be
glad 10 get for his money, AMI cannot fail TO reach is
mGS"Mm o. 10 per cent. when he work is done Be
shes MS II this business is undertaken all the demo.
Sis oil monies drawn from the oler stockholders from lime
10 lime, TO carry il win be SUCCESSFULLY in these
Banks, and there remain until gradually expended so
hat there will he constant influx keeping pace with tho
expenditures; and hence this subscription viii have little
or no eject on the ordinary accommodations and transae
ton OF business
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