Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-06-27

and that larger proportion offOsign imports consisted
srizsd the imports and exports Of god how the former
had increased and the latter diminished during the last
few months; and said that great amount Of gold, both
foreign and domestic, waiting in the country to
II Congress would raise gold TO its fair value III
raised this gold would remain and enter into circulation;
IL not would Immediately 20 oil TO foreign counr:ts for
gold was not q ing TO stay where Il was undetv.lued
He also spoke Of silver and said that had arrived without
law but could remain without law. Unless Congress
passed act TO make current aud that full value
money, and not at tue mint value, bullion, would all
oil.
Mr. b. recspituisied the evidences Of national prosper
ty increased inporsreyenue from customs exceeding
the cs'imae-increased irom public lands-iu
creased amonnt Of pecieabove eleven millions OF avails
bic funds in the Treasufy-doncs,ic aud foreign
merce acuvethe price OF produce and property fair aud
good-abor every where finding eiapoy anu ard
more money in The country than in il at any
one time beoreihe numerous advertisements for the pur
chase OF slaves, in the papers OF this city for the Southern
MARKET which indicated the high price Of Southern pro-
ducs-snd affirmed his conscientious belief, that the
country was more prosperous al this time than at
Rod OF its existence; and inveghed terms Of strong in
dignaon against the arts and articles, which, for
the last six mouths had disturbed and sgiated the
country, and done serious mischief TO many indivi-
duas. He regretted the miscarriage OF the attempt
to examine the Bank OF the United States, which
he believed would have completed the proof against
that institution Tor its share ia getting up unnatural
and fictitious OF distress in The midt Of real pros
periiy But he did not limit his inve Give the Bank,
but came directly TO the Senate md charged full share
upon the theatrical distress speeches. delivered upon the
floor OF the Senate, in imitation OF yoLNEY's soloquy
over the ruins OF Palmyra lie repeated passages
from the affecting of these lament over the
desoon Of the country, such the Senate had been
customed TO hear about the time OF the New York and
Virginia elections "7he canal solitude. 7Ae lake
desert taste IF tcdtefs. That popuous city, lately
resOmidng trifh The ham Of busy muitifudes
silent and sad A ,rhOie nation, in The midst Of unpor
oiieied prosperity, and .drcddi0n felicity suddenly
struck into poverty, and plunged into unufterGLie tcoe
by The dirJd act Of one ryui mar. Such, said Mr. B
were the lamentations the ruins not OF the Tadmor in
The DESERT but Of this America, whose condition you
have just seen exhibited in the faithful report Of the Secrc
tary OF the Treasury. Not the "bdseiess fabric IF
rsion was ever more destitute OF foundation, than those
lameniabe accounts OF desolaoD The amen,ation has
ceased; the panic has gone off; would 10 Ged he could
follow the noble line of the poet, and saw, oiearing
not ,rreck behind But he could not saw that There
wrecks! wrecks Of merchants in every city, in
which the Bank tried its cruel and OF banks
in this District where the panic speeches Tell hckest and
ioues upon the ears oil an as onshed and terrified
muniiy
But, continued MIR. B., the game is up; the alarm is
the People tired Of it, the agi,aors have ceased
10 work the engine OF alarm month ago he had
said, it he last Of pea Time viii these distress
memorials; lie would now use holder figure, and say,
that the Secrearys report just read had expelled
the ghost OF alarm from the chamber OF the Senate. All
ghosts said Mr. b., are afraid of the light The crow.
ing OF the cock,,he break OF day,-rems them all, the
whole shadowy tribe to their dark, and dreary abodes
How then can this poor ghost OF alarm, which has done
such hard service for six mouths past how il stand
the full light The broad glare, The clear sunshine OF the
Secrearys roper! ELIAS. poor gh0s'' The shade OF
the 'io0e Dane" never quit The Stage under in
exorabe law than the which drives thee away
This report, repeie with the plain facts, and luminous
Uus put 10 Rht the apparlon OF distress, breaks down
The whole machinery OF alarm, aud proves that the Anne
can People ave, this day. the prosperous People
which the benefcent sun OF Heaven did ever shine !
Mr.. b. congratulated himself that the spectre of dis
tIess could never be made TO the Mississippi IL
made but slow progress any where in the Great Valley;
but baked The King of Floods letter from ST. Louis
Informed him that attempt had just been made get up
distress meeting in the town OF ST Louis, but without eff
feet The officers obtained, and according the
approved rule oil such meetings. they from
Jacksonism; but there the distress proceedings stopped
and took another turn The farce could not be played in
that town. The actors would mount the stage"
Mr. b. spoke OF the circulation of the Bank of the u S.
and said That its notes might be Withdrawn without being
felt or known by The community. Ii contributed but
four millions and quarter 10 the circulation this time
lie verified this statement by showing that the Bank had
twelve millions and quarter Of specie in its vaults and
but sixteen millions aud half Of in circulation The
difference four millions quarter; and that was the
precise amount which that gigantic institution now con-
lribued TO the circulation of the country Only four
millions and quarter. liz the Gold Bill passed, and
raised gold is TO there would be than that
Of gold in circulation in three months The Foreign Coin
Bill and the Gold Bill, would give the country many dol
lars in SPECIE without interest for each paper dollar which
the Bank issues and for which the country pays so dearly
The dissolution of the Bank would turn out twelve
millions aud quarter of specie, TO circulate among the
People; and the sooner that dcne the better will be TOR
the country.
The Balk is a nuisance said Mr.. B. With up
wards Of twelve millions in specie and less than
millions in circulation, and only ytwo millions of oans
il petend that il cannot lend dollar not even 10 bust
be returned in sixty days, when two years
ago, with only six millions of specie and twenty mill
lions OF circulation il run TN its loans To SEVENTH miIons
The President oil the Bank then that all above
millions oil specie surplus! How is il now, with
near double much specie, and five millions less Of
out and twelve millions less of debt! The Bank needs
less specie than any other banking institution because its
notes receivable by law in all federal payments; and
from that Circumstance alone would be current par
though the Bank itself might be wholly unable redeem
them. Such bank is nuisance. Ii is the dog in the
msnger. IL might lend money 10 business men, short
dates 10 The last day OF its yet the signs are
for pressure game OF distress for The fall
elect lions in yvania New York. and Ohio If that
game should be attempted, MIR b. said would have 10
be done without excuse, for the Bank full money!
without preext for tie epose farce is without Tie
aid OF panic speeches, FOR the Senate will be in session.
Mr. b. said, that among the strange which took
pace in this world, nothing could be strange than
bDJ, in country, and in the 18th century, any
Praccalllustraon OF The ancient doctrine OF The meemp
sychoss Stranger still, IL that doctrine should be lar
Improved to take effect in souless bodies; for accord
ing the founders OF the docne, the soul alone could
trsnsmigraiet Now, corporations had souls that was
law, laid down by all the books; and all corporations
moneyed ones, especially and above all, the Bank
United States, most sou-ess. Yet, the runor was
that this bank intended to attempt the operation of effect
ing transfer OF her sou ami alter submitting death in
her present form, TO rise up in Mr. B. said
he for should he ready for the old sinner in the
body Of what beast it might. No should deceive
him; not even, II condescended in its shape
from Wall street, instead OF Chestnut!
a word more, and Mr.. B. was done 1t was a word TO
these gentlemen whose declarations many ten thousand
times issued from this floor had deluded hundred thou
sand People 10 send sl4 here certifying hat those
gentlemen go iDcondnenily repeated, that the RENO.
PdL Of The DEPOSITES had made the DIS
IRESS; and nothing but The RESTORaTTON of
the DEPOSITES, or The RENE VIM of me
CHARTER, could REMOTE the DISTR ESSl-