Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-01-02

provo uehciet nut What oil az The specie would soon
work back again into the Bank vaults, the damage
would be almost immediately repaired But no such
general rush can be produced by any effort, Even this
suicidal declaration OF the Philadelphia Presidents has not
shaken he confidence o the community i'm the least. We
all know the Banks TO be sound md healthy condi ion
me rhadeipha Presidents nny, for augh we know in
' on breaking their own Banks TO prove their commits
sons IA prophet. But guarantee they will not be
able to break in any other way. There is u, danger
OF a famine.
On the whole we say 10 the community look out for agi-
nu1ns an"n this time, especially while the debate on Mr.
McDuies motion is going ia the House. But be
asmayed; II VIII all blow over, though with some the
blast may do damage.
To the timd who have boarded their treasures, fearful
OF what may happen, we say, disgorge Your harvest
Time rapidly passing away Buy stock, buy notes. buy
something, Tor depend upon it, the time is at hand when
oe to h You S cry :n noh an
swer you To Mr.. Bide and his associates say, give
It one more tur' go on with Iomen's; he OF
Acomac will never conn lain" You way break few of
your friends, but 50 out OF 100 will live il through The
shavers will h their pockets and other classes empty
A NATION WHICH REFUSED no PAYA DUTY
ON TEA.
The stories which have been fabricated and circulated
in other places about failures in this
in equence OF the pressure money occasione
alleged by the withdrawal Of the depositrs from the Uni
ted States Bank, have probably about much
as similar stories indusrously repeated here, about fail
ures in other cities How much that it, may be
from the following paragraph from the Journal Of Com
mcrce: TN " Enc posf
As there seems to be int, abro ID to know how
we gel along I'm the commercial emporium, we will state
our misiorunes just as they The whole number of
iaiures oil suincient consequence 10 be mentioned
Change, which have occurred within the last sixty days.
Is Jour- The aggregate deficit OF the whole, will
coed hundred thousand dollars and half that is borne
voluntarily by family Of of the houses
Fiiy thousand dollars will the whole loss OF the
commercial community large. We know that this is
mseraoy small account TO give Of great city-but
cannot help it.
The Journal Of Commerce Of New York, liberal op-
position paper, contains the following statement viz.
:" The removal Of the Government depostes from the
United States Bank TO the local Banks have pro-
from the market, and created new demand for money
The circumstance OF collecting the public revenue hroug
new channel can no more produce great scarcity Of
money Than the turning Of rivers current through
canal can cause scarcity OF water in the ocean,"
he same paper contradicts the Publications of the Star
and other Bank presses, in the following viz
We have seen II stated in of the that
house in this city had been furnished other
with notes oil the United States Bank at Savannah for the
purpose OF making run upon that Branch.
"From assurances made us, which we have the ut
most confidence, and from letters which have seen
we are fully persuaded that such is the fact So far
from it, the house alluded TO, did even know of anv
intention OF their house at Savannah draw specie from
the United States Bank until information the demand
having been made, received in this city by MALI
The efforts OF The Biddles and the whole family Of bro
ken down politicians and reeling arsocats, remind one
OF declaration made by old John Adams in his Cunning
ham Correspondence, viz:
ga powerful family, when falling into decay ,could
sooner annhtdte Hedren and Earth than fail of carry
ing their point. - Globe