Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-09-16
Sl7,loO,s5i
Amount of public money paid,
S5,4I4,629

The amount ia their hands on the Is, Septen.
Der, instant, 2,1552l2
Amount Of public money paid, S5ai4 500
Here is reduction Of Bank accommodations uop,r,l
leled, venture assert in the annals Of banking in
ms or any other country Seventeen millions uPc:. dis.
count ine oil sxy-our millions at (Which the LIST
teen months 49,
The most impor"n, and interesting part of The history
OF is attempted Bank oppression, Is this: While be "
INC ls o! August and the lst of December period Of
only Tour months there curtament of nearly Ten
millions of dollars, there was no Inconvenience cx,e,
enccd by the community; in fact they did not know ba
was going on Stocks maintained their prices and some
KINDS advanced Ii was only when Congress assembled
and the notes OF panc Distress misery were rung
iofh from The chamber OF the Senate, which we're echoed
aud reechoed from hill valley aud from valley 10 hill
Tor seven long months that tie People tina,
hing oil the kind existed. During the whole Of ,hes
seven months the cuTailn,enls OF the Bank were only
3,42S. 1872 dollars. '
Now let us what has occurred since the ,Jopr,
ment oil Congress Scarcely had the members reached
their homes before the papers filled with re or
ionri.hiDg commerce. extraordinary activity in bu,in.ss
generally, exchanges rising, and psnics vanished la
the two months since Congress adjourned and confidence
thereby became restored, foreign exchanges have risen
hve or SIX per cent? all kinds Of stocks have advanced
some ten per cent and some more and yet, during these
two months OF extraordinary prosperity The Bank has With.
drawn from its accommodations 10 the community nearly
FOUR MILLIONS OF DOLLARS!
Let these facts silence the arguments of the Bank lis
Senator'S and Editors, that the winding up the Bank will
bring ruin and distress upon the country In WINDING az
It's alass properly, the Bank do no such hip If IL
should undertake 10 exert its power in its diving sirugyc
TO produce mischief Tor The purpose OF gratifying mali
cious feeling arising from disappointment let beware
the People have the power and will spe edy check its ca
lappears that the Stockholders al their late meet
Ing instructed the Directors of the Bank TO renew their
application for charter Can they have forgotten tht
The People have already decided this question: Globe
before there voSo Circumstance,
around the pSeunay Interests Of have clustered
around our mercantile shaIs during the prcsont year"
The actual state of The public in relation 10 the U
X, % ma bla -
exercising free judgment. This city was never more
prosperous, nor business generally, active. Men
who looked on the panic with pon smile now
at the creduiiy that ected by The arifces of the
Bank and are silent ia charity those who were duped
or frightened by the shameless aud srices The
people are now nquiring, what was the intention the
Bauk in exciting panic
The question must be taken pieces, in order 10 see il
clearly, and IN lie proper poni of view.
The first piece OF The panic was 10 influence bo,b
houses of Congress against The Executive
The second piece OF the panic agae the Peope
ana through their PASSIONS 10 produce action upon Con-
gross.
The third piece OF the panic which was tailed into
the o,herwo, the future the Pre-
Well what was 10 be the effect Of all this ex cement
produce which, so much money had lavished-so
much mischief effected?
Why, il 10 restore the dcposi,es N he su,st oD 90
restore The deposiies that, they said, was ALL!
Yet strange TO tell during this whole time The amount
actually spoken OF did not exceed seven millions mot
one dollar OF which was contemplated 10 be removed.
The purpose aud the plan OF the Executive who alone
had the constitutional right and power Of removai
not 10 remove from the United States Bank what yas
in it-bu simply thsthat after The day designaed The
revenue accrung should not be paid into that Bank lis
charter being near les examinations but that the future de-
ring Bank. r
This the whole operation Of the Governments. poll
cy How did the cn'issary presses sgents Of tho
Bank represent the case?
They held FORTH without expressing the idea That the
public money in the Bank was TO be imn,ediateIv
wiIhdrswnand that the whole business Of The country
was, 10 consequence, 10 be paralyzed
What the whole circulation Of this continent TO be a.
lie Cl cd lU thu al Of
Not dollar OF il diverted from circulation not dollar of
IL applied TO any other than The use intended by The
public appropriations OF law.
Yet strange II is, The country was sejtacJ business
Psr"yzed, aud the public interests seriously aeced
and IL is ouly now after the whole folly has exploded that
the public how liable they are 10 b.. how
free People and free Govetnaient NAV be placed i'm
temporary jeopardy by the deliberate wckedness aud des
perstion oil corporations which bad two years to ex
concernh
There s nothing sobery tue than that the folly Of
me nank directors has been fatal TO the very objects they
SOUGHT ne great mass oil the People had, through pros
pey forgotten all that had been said as 10 The Bspk but
ne Bshk aroused the People, sndhat wssthe beginning
Of its end-.dU0ra.
JACKSON MoNEY.-Ths following statement which
We copy from the N. Y Journal Of Commerce. shows
that gold is likely very soon be sufficiently abundant
osuPPy the necessary wants OF the country IL 50 COO
600 left Liverpool alone in Que week immediately a6er
The receipt Of the intelligence Of the passage Of lie soII
bill by Congress- what will be the course OF the
such The result Of the Tnous measures Of Jackson
REPUBLICAN.
sPEcfE.--The ship ST. Andrew hiss on board 10 900
sovetegns The whole OF Specie cleared a. Liver
poor Tor ne " States during The LAST week OF July " as
shout 1OOfOOi or near $1,000 O00.-N T. Journal of
Commerce.
InsirUcfions.Tbe friends Of Tie Administration are
every where steadily aud earsssy pursuing their object
ana niue douh remains that victory will crown their Ia
bors, 10 at least majority of the counties where the sub
Jse o. INSTRUCTIONS has been introduced No,owsy has
done noby, ~ We learn, from competent anthoriiv
oouh"np'on and Brunswick are following spdedy, and
The sncrcss In Powhaian is sufficiently Indicated bv The
of the IEhfn - ~ -