Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-08-29

aud submit itself to the judgment of the councils of the
nation, and the people on a full hearing of The case. IL
chose to consider itself insulted by the act of the consti-
iuted authorities. II determined 10 RELY On is q ~ /. and
,eu'ess hseh. and like a foreign enemy wagiug open
war, II sought TO alarm us into submission by osteuta ,ious-
~ displaying its power first at one point, aud then another.
ana oy the unsparing vengeance with which il brought
rum IN every place where its power coulG reach. IL en-
deavored by spreading dismay throughout The nation TO
oresk me spnnt OF he people, aud compel them 10 SUBMIT TO
us n'mands. IL soughtto obtain from their suite rings. and
Their lear what IL did not hope would be yielded to heir ar
gumenis and petitions. When The Back determined 10 pur-
sue This course, in what respect did its conduct. aud priu-
cIple OF &C ion differ from that of an open and ayow ell pub
he euem,f 1t is true, 1t did not gather an armed force,
(aithough az one time even tina, was ihreatened,) and hurn
our houses and desolate our fields. But what matters ie
whether The beautiful tone OF the body pohtic is destroyed
ny open violence. or secret poison. VIVA; matters il,
"ne'her our ruin - produced, by the ravHges oil an open
enemy, or by the wiiul destruction OF confidence, tho
bankruptcy OF our local noneyed institutions, the prostra-
lion OF the markei for our agricultural products and Ye-
ducion OF the wages of Labor! la a word, what matters
II whether the distress of the country is occssioued by the
arms oil a foreign enemy-or by q powerful money ed COR
poralion, exciting a causeless and needless panic, intend
ed To produce, and inevitably producing as much, and more
individual suffering than the most powerful nation of the
world could have Inflicted upon ul There is, indeed,a
striking d Terence between the authors of these iujuries;
anu tie wrongs OF the two will be remtm inferred with very
dibertnt feelings. In The case OF a foreign nation, il 10
not their own country and their ow u countrymeu, whom
they endeavor to distress and ruin. i'm order 10 subdue. and
conquer. Bot the deep suferings aud alarms OF the last
winter were brought upon us 10y a needless and ground
own counirymen, TO bring distress on heir own country
try, by d corporation which is indebted for it's Q existence.
and lis peculiar and valuable pN, irges TO he sponta,sous
Gun oil The very people ~ on whom il has attempted e,
pour on, its vengeance. We do not owe our present safe
I aud prosperity TO the mercy or the kindness of the
Bank. lis presses srll indulge, il would Gem, the lin
gering hope at another panic and are endeavoring to dis
credit the Gold coins now becoming a part OF your c,rcula-
non, aud the Bank has steadily continued it's curtsihnents.
The restora ion Of confidence has been obtained, not only
without The aid OF he Bank, but in spite OF its exertions
TO the contrary And the rspidi,y with winch the alarms
have subsidized, is a proud evidence Of the 6fmue,s. intelIi-
ge"ce, aud 'irue, # the American People. They may
br taken by surprise, aud unprep sred-ihey may be start
led Tor a moment by unknown dangers coming upon them
~ a new shaPe-but their enei gy and courage soon Uses
with The emergency, and will ever be found equal 10 the
CRISIS which calls 1t into action-and he knows but little of
the Character OF his couniFymen, who ezpects- to govern
this great people, by corruption, by fear, or by force. Let
nun appeal TIC Their patriotism, their generous feelings, TO
heir Intelligence, and thtir reason. and he win always
mud a ready response = and, when he Is in the right, a faith
iui support.
When The deposites were removed, know ,ba, many
true and valuable i'iends believed, and some of Them NAV
perhaps yet believe, that the measure was a recipitate
one-ibstit gave the Bank aH advantage in The contest
and that The struggle and suferings through which we
have passed, might have been avoided NV aw.i,ing nn,;i
The charter expired by its own limitations, and ll,en re-
lusing TO renew IL. Rely upon il, those who think so, are
deceived. The Bank had entered The noI,Iicai
demanded a renewal Of lis charter. Immediately preceding
The last election Of General Jackson IL openly opposed
him, because he had the courage 10 do his duty; and &c
the7vaiGBJ JAI>ii.lin ti.at saafi- hut At had not abandoned
Ond contrary, Il was maturing ia plane, unu- ~ pu,,rrx
is means. Aud if il had been allowed 10 choose us own
time ior the contest-io gather upits Instruments OF annoy
aace, Ito luil the community AM. The State Banks into a deiu-
sIve security, and to come suddenly upon them, with ius gi-
ant strength, is iorces all prepared, and acting in concert
throughout the United States; you would have Witness
ed a scene OF ruin, compared TO which all that you have
'"N'9 PaSsth 'uIoupH is Dul d 3 nOtIlnE. The history OF
the last winter sufficiently shews the weapons which
the Bank are ready to use, aud the extent to which il is
prepared to go, mats war upon the best interests OF he
country IN ORDER TO compel Congress again TO charter
1t. Yourilocal Banks would have been crushed at u
blow younordinary currency Frustrated, aud made worth
'ess; 'he fPoiucis oil your soil without a market; labor
without employment, aad lie who!sbusiness OF lite thrown
into a'n'osi hretriev"ble confusion. You would have
been compelled TO submit to the Bank, az a conquered
people--and 10 renew its chatter upon its own terms, or to
have beteId thus now happy and prosperous land, one wide
field OF distress, and desolaion. General jackson saw that
ms udDStfW approaching, and must Inevitably come
IL is NOT liis custom TO wait patiently until The EN- my has
matured his plans, and allow him to select his own inc IN
commence the battle. As the conflict must come, as the
danger must be met, he advaucedlU meet IT, And thus
compelled the Bank TO try Is schemes of conquest belore
1t had fully prepared us means. The promplness and The
wisdom OF that decision has / firmly believe, saved the
country from the corrnp,ipe rule of a srest uoaevsd al"
tocracy, too powerful TO be encountered will, success. NV
any one who was not like himself, strong Ia the condolences
OF The people, and Justly endedred 10 them by a long life of
splendid public services.
We have heard a g,eat deal of the usefulness Of this
Bank in regulating The currency. Aud may confidently
Ibis county! l speak OF his county, not only because
you know lie concerns, but because it is rich, and
prosperous, and a large account Of money constantly cir
cnlaiing III and II may therefore be taken no a sample
OF The great agricultural Interests throughout he Union.
NOW ana 'len you may see a struggling note OF his Bank;
once ~ a W"ie you may be surprised by finding a stray
note iFom lis Told coming among you. But in yomt ordinary
payments and receipts u Is hardly seen. and has but lille
more To- DO WIN furnishing the currency OF Ills coun-
~ than the notes OF The Bank OF England. Your
currency Is either specie, or the notes OF your own
Banks, and the Banks Of the meighborhood. And
am amazed when / hear any OF your citizens talk
ing about the wholesome currency furnished by The
Bank OF the United States, and deplofiug The loss which
VII be sustained IN this county on a. at account, IL il is
rot re-charteTed. The Bank las nothing TO do with the
currency used here. IL furnishes no material tari oil n.
The existence OF The Bank will no. make il bet err. nor
worae. IL VIII neither add to, nor diminish, The ouantitv
circulating In this county unless, indeed Il can again ex-
cite a panic--agaiD create = gfoundiess distrust IN he sale
~ OF your own Bdnks-snda again, by destroying her ere
DIT, drive back their notes upon thein-and thus endsnger
their existence, ad deprive Tie county OF is ordinary
and necessary amodnt OF circulation. The only effect yoI,
have ever felt from This Bank, on the amount of your cir
culaling medium, was produced by The panic il created.
Its power here is a power for evil, and not Tor good. Ii
has made moeey distressngly scarce by creating uDneces-
sary alarm. 1t never will, ond it Oevsr can, make IL more
plenty among you. it, notes have no concern whatever
with your ordinary currency.
know very well, that II Is now said nat the Bank has
nothing 10 do with the present Opposition-tbat a new
party 10 formed TO resist Executive usurpdions-iha the
Oppoiion are Whigs"- and we are Tories" And
alter a session Of seven months in which We dolly heard
OF the urgent distress Of The country-whea the festota-
ton Of tie deposites was the theme OF every DISCOURSE
and all other business was for months sud months laid
aside on u e plea that The nation required Immediate re-
lief from tie overwhelming ,Gicdons under which il
was suhefing-we are ast0Ushtd TO lea ~ as soon as the
session Is closed, tiat the re.chsftef Of the Bank. and the
restoration Of Inc Deposites, aud The terrifying pictures Of
distress, 80 recently held Up 10 us, are not now worthy OF
being brought into our dtscussons-that new and enduring
evils are discovered OF iar greater magnitude. calling for a
new formation OF parties. The disiresses and ani ctions
which we're so much lamented during the session, and the
remedy, so urgently pressed as the cure Tor these evils are
NOW To- be regarded a. matters Of subordinate consequences.
they can wsii, 10 seems, until other matters are disposed Of