Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-02-04

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have been vesigned gives great pleasure 10 cor
rect this mistake This worthy and highly respected gen
's"'n still 'v..-.nd may he ye, live many years!
| THE PRESSURE
Exfrocf C letter from Intelligent and bshIv re.
sPsetov,e Sen.emcn Of .NsO York, Jan. %. 1854.
ms webster has disappointed greatly He has shot
present Distress sny one that hes preceded him His
oPiNioNs given to the Senate on MONDAY last prove
pLsny sonc'osiveiy how great man may sometimes be
| stand. " " ~ ~ ~
"Is possible that Mr.. w. can believe that the ORR
sdicause ofthe pr state OF the country
the removal Of the Public Depository If he does he
KNOWS nothing of the business the country nothing of
we state Of the money market prior to the reova no.
the Bank IL months ago.
His opiHions 30 10 exclude the idea Of there being
Let OF October They exclude as having mo- 20 ,ns
the subject, aud no influence upon the money ,hs
,mense emrtaimenfs OF the Bank between January and
OCTOBER 1888. According to Mr. W. nj, ~ a. smooth sn
prosperous up to the day Of the removal He serms IN
nave known nothing Of the tempest In its rise and uro
-, nc uAes i.s commencement from the counter
:tes' ma met u IN its mad career. He gives 10 small
incident In the DRAMA the consequences that attaches to
he origin and design Of the piece lie adopts the Boston
nouohs a. his creed; and thus tells the nation that the
removal OF the D.post-s has produc. ali the u.chf
wow, ahir'n that every with the sub
ec knows that the removal Of the Deposes had nothing
that the removal, far as New York is concerned I.nj
this City 10 no small item in the accoun) has operated 10
Lessen the amount break the force of the
~ have. confess. less confidence now in Mr. w "a
know ledge and ssgacity. than have heretofore
might confess this, or take from him. what have ever
ttonght he possessed, high Independence of mind and
principle taking ground az anst the
no crime with me. II 10 not for this nor for MI, prono
;.n 20 renew the charter OF the Bank that csnsure
n but Tor his want Of knowledge wan, Of candor hi.
limited and one sided view Of the subject We h., NH
Ss ssn fIafss,%x . :S%shins grs., from Mr. web.er
nothing. Of the policy Of removing the deposte,. YOU
know entertain great doubts I was in TACT opposed
~: confessed II bold act. and of questionable an.
mr.
IS constitutional act did not consider myself com.
ps . no Jrdg. would not however have taken
extreme to attribute the of the distress under which
tho country Is now abourng the removal Of the demo-
ses: II Is oil date anterior to that II commenc-
ca We've months ago; and had the depo.es remained
untonShed, the pressure would have been the same
me true cause OF the present Of things NAV be
given in few words-Soon after Gen. frs, cleo
on The Bank perceived there as little or no chance
Tor renewal OF its charter under his and
seeofa'ngy took the field against hm-ssked its hopes
ana us interests upon the Presidential queson-sood the
hazard OF the die, and defeaed-it thea Determined
Try the virtue Of Its power-to try the effect OF gene
sars Of up ns eoury-t0 appeal to the wants and the
portion Of the public press-hence the expenditures or
sums for writing printing and distribution of ocu.
ments 10 ENLIGHrEN the public mind-henee the
ho.rding OF specie, curtamen Interruption of the
Isuons OF exchange, &c. &c.-and hence the cause of
"s pooc distress And yet all this goes for nothng-is
me only cause Is the removal OF the deposites.
hat the Bank has attempted aud Is now endesvouring
o. he nee
renewal oi Its charter, Is clear my mind" SC &c
- From another Letter.
," are hueo'eu 70 friend. who has taken the liberty
VIII ms correspondent OF furnishing the following
extract Of letter from highly INTEL gent geneman in
ew york. whose situation and intercourse Wall street.
the ac,"a s,ae If favorable opportunities Of knowing
Extract of letter from .Ne,o York, January IT.
.,, nc sr,euaung medium continues yet In dersnged
s'a'c' ahd mere Is much compant-but trust matters
are exaggerated, and that the dreaded month of Frba
~ wiz nnd our merchants better prepared than the ad-
voca'es Tor The present w. s. Bank would wish There
eau oe very lille doubt, that larger amount
ueposes now lie unemployed in the Banks Of this CITY
an has ever occurred before-Monied men, who are al
ways mid, hold on TO what they have go aud prudent
and tradesmen in anticipation OF their
which fall due some weeks hence, accumulate all Nm.
ready money they can lay their hands OH aud treasure il
a p %as r S.s , Ss
exPresSon) in the midst OF plenty occurs-The Bank
SOW the wind, but they will reap the whirIwind'
~. perceive what your Legislature have been doing
have administered neuaising doss-.o that .tbe bane
anu antldote will appear together before Congress"
COMMUNICATED.
Al at meeting held al Fuvsnna Court House. on Mon
u"y we L Of January il being court day, for the pur-
taxing Into consideration the removal OF the Public
peposes from the Bank ofhe United States John Timber
lake, sr. was called to the Chair and Joseph Hoigson
appointed Secretary: Whereupon the following gentle
men were appointed by the Chair to report resolutions
Tor the consideration Of the meeting: Capt Benz H. Ma
g,"dsr DR.; E. Watkins. Col G. A. Strange, Dr. John
NJ. WIS. wm u A. Strange, Horato J. Msgruder, Col
James hagruder, John r. Perkins, VIM l.. Clark An
Shepherd, Dr.. Bell Jones, and A. Wren who renor,eJ
the following resolutions:
RESOLVED. That we decidedly disapprore of the re-
OF the Depostes OF the public money! from the
Bank OF the u States unwise unjust TO The Bauk and
oppressive upon the people.
e. hesored, That II was never intended by CONGRESS
mat The Secretary OF the Treasury should enter inio an
investigation OF the political opinions of the Directors
ana stockholders OF the United States Bank in search of
reasons or the removal OF the public Deposes
ou' 'ha the only questions proper for him to consider and
examine in connection with the proprieiy of their re-
ova are such as relate exclusively 10 the sorfy of The
public moneys therein received. - '
49, d. Hesoued, That nssmuch as the Secretary of the
treasury In his report to Congress- has that the
po'es were sUe IN the u s. Bank his removal there
oi' Tor other reasons, is warranted assumption Of
power, not vested in him by Congress =
q. resolved, That the Secretary OF the Treasury so
'ar as the pubic depostes is concerned, and the officer
OF Congress, not OF the Executives; and the
ate attempt on the part OF the President to control that
congress- IN regard to the Deposites an
oe interference In the proper duties of that GER neither
sanctioned by the Constitution laws OF Congress- and
calculated TO destroy the independence the Cabinet
ana degrade Them in the eyes Of the world
these resolutions eloqueutly advocated bv C.,,
Magruder, and opposed by Col Strange when from he
'ateness oil the hour, the meeting adjourned until
court. JOHN TIMBERLAKE, Sen. Chairman
JOSEPH HoDcsoN, Secretary
TO THE EDITORS or THE ENQUIRER
IN the debate in the House OF Delegates of January
iHh' MS punished in the last number your psper a,
represented IS having Sid that ~ did not belong 10 the
republican party without noticing other omissions or
suaons IN The publication Of that debate, must that
you VII do me the justice prevent the
10 which may be subjected by the failure (sccide
presume) 10 print the definite article OF this sentence i'm
ishcs' am thus made to just the reverse of what