Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-02-13

prove it's character wibou, in,error,Ioy
The prosperity OF The county, and secure permanent
anu greater stability TO Tie operations Of trade and indus
try.
Sir, have other memorials N rr..en, signed NV
more nan i"'ooo OF my fellow citizens aud ohcr memo
ias W me same eject nre yet prayipg
po.tes may not be restored, that Al Bank the Ua
ted states may not be recbarered Under the culiar
circumstances which produced these memorials, feel
p,ouu sans'suon IN preserving them this House
ihey speak the lspgnsge OF independent men, Of com.
MUMMY suiiei"g under oppression, bu, determined
~, " 'o inc" oppressofs, or 20 surrender their tights.
ihe Bank OF The United States has made old expert.
msnt upon the country. Stree tho comincnc ement OF
session. IT'S presses and its friends abroad, aye, cir,
e" n' Capitalists OF this country have been ipstrunensi
In AN aen'p to destroy comme cia confidence by circu.
ng me mos" alarming predictions Of app' oachiag ruin aud
calamity These ruDors ofdirss ghtful disasters of
panic have been echoed hy of
ooh ou'es Sir no other country upon earth could have
ooe h'm unusr such general attack upon commercial
'o""uence as mas been made the bank and its friends
abroad during The last 10 days n the dng men
OF both Houses OF Parliament had INDUCED in the same
gloomy anucipa'ions had they for than monihs
universal wreck and ruin, and general panic,
would nave broken halt the country banks in England,
ann nav men merchants and manufacturers II is sir.
o experiment Of the Bank OF the United States, and has
iaen with dreadful severity upon my constituents; pro.
many bankruptcies, and ruined many families But,
SIR were their losses suferngs ten times as great SO
long as they are animated with the spr, ireemen they
WIN never subject Government of their own 10 the
dominion OF the Bank of the United States. These
,oas' sir, are the result Of the policy pursued BY the
Dak, and such will be the sentiment OF the country
rms experiment upon the fears of the country has totally
"e question; IL is no longer contest between
me Bank and the Treasury the Executive; it is
question between the Bank and the people; question be-
wen inc moneyed power a. corporation and popular
sovereignty. Gentlemen had the intelligence
anu patriotism OF the people, aud this last experiment
would fail But, sir, whatever may be the political re-
SUIT hope those who have been in d, sroy.
R commercial confidence by predicting ruin, will unite
win us in endeavoring to restore it,, trust SIR that the
ninety days referred 10 by gentleman (NIr Seiden al
.ne commencement Of the session, drawing 20
Sve, an" .nat we are approaching those days Of grace
when the Bank of The United States will. in its mercy,
relieve the country. hope, sir, tho Bank will do
now what II ought 10 have done two months ago
announce to the local Banks that they have nothing
10 rear nom its measures, and restore confidence
ne President oad Directors have now no apology
Tor perssng in its mysterious course the State
Banks Nay, sir, they have been called upon by their
own iends-hey have been admopished change their
the mandate has been issued from the other wing
oil The capitol II canno, be misunderstood, and have
no doubt will be obeyed and that commercial conf
nence WIN be once more restored Sir, if gentlemen
" intent 10 20 something Tor the relief and permanent
n mt Of The country. let them reesabsh our foreign trade
on secure foundation, either by a warehousing system
or by extending The credit duties And If they wish
10 secure durable property trade and steady en-.
ploymen 20 labor let them unite ,h us In our
to enlarge the metallic basis of our circuaons and inn
prove ne condition OF our currency. MIR. c. concluded
by moving the reference Of these memorials to the Com
mi tee Of Ways and Means.
ne memorials were then referred accordingly.
Mr. oeiden presented memorial of working men, me-
chanics and others, in the city of New York detailing
heir present embarrassments, which they attribute 10 the
o The currency and praying Congress re-
store the deposes TO the Bank the United States or TO
adopt other measures for their relief.
Mr. s. to give some idea Of the present distress in that
ey SAID, mat there were upwards Of thousand work.
Ing men, generally employed in the building oil houses
o" who owing to the pressure for money ere
putting up OF buildings He was happy TO hear from his
colleague (Mr. CambreIeng) that there was sometime
contemplated to alleviate their Distress that it was at
'ehg'h nmaed that the intention of resortinp at once 10
meta'he currency was abandoned, and that that pro-
Jec. would be only gradually proceeded with With re-
spect to what had fallen from his colleague as 10 The
he hey ooft IN doh,
on the restoration of the depoes, that unless 90.
yernment reirace their steps within ninety days,
mere must be produced Of wide spread and unex
amped ruin" he would ask, his colleague salts.
ned mat the prophecy had been verified
an mere not been SEEN and within the time specified
Sir ooors the merchants and mechanics Of almost all
their principal towns and cities stating their distress and
praying Congressto adopt their relief
lie had then been justified in the which he had pre-
en'ed so early TO the House, He now regretted that the
memorial presented by his colleague had not been read
that It might be whether very important mart and
which, ifhe journals TO believed was subseouentv
appended TO it, went TO confirm the memorial mr.
9y num- and equally called the House for relief He
desired that the memorial he presented should be read
and would state TO the House, that was signed by 600
persons. - '~
me memorial was then read and referred to the Com.
mittee OF Ways aud Means.
MIR. b'nney presented also memorial from the mer.
ehah's mechanics, manufacturers traders &c. of the CITY
anu county OF Philadelphia praying that the Government
depos'tes should he restored TO The United States Bank
me memorial was signed by 1859 residents of the
eay ana county Of Philadelphia, each having at
ached 10 the trade profession OF the subsc ber so
mar me authenticity OF the whole proceeding might be
peter ascertaned The gentleman under whose imme-
da'e protection the memorial got up took care to ex
eae me name oil every minor and Of every person not
resident IN Philadelphia. Nearly every profes.ion or
Gazing IN that city, and and every species OF property are
represented by those who subscribed the memorial The
s"osrrioers he sdid are intelligent and of
experience competent 10 estimate the causes of the
y ara suffering they assert; is the memorial the
production OF party Tor all feel the pressue and bank
rup'cy want and heggary is likely 10 know no distinction
oil parties ~ no relief afforded in time all Marty die
he hFQk into Hill
ana oeegdry have made--a party ruined and undone
Mr. ninney continued saying that the present state of
ngs Is qnicuy, secretly, and ceptbIy underm-
hng all The State Banks; that their notes are at discount
anu sun going down. and that shortly they will be com.
Psed 10 stop specie payments. He asserted chat the de.
poses did not much go into the State Banks as into
he private Golfers OF individuals who were thus resolved
20 sustain themselves in the day Of snticipated caamitv
ne added That ohiug but the restoration of pubIic con-
huehce could remedy the evils complained Of and This
soud De PRODUCED only by restoration Of the confidence
United states ~ ~ '"A VI 'he
lie moved that the memorial be read and prip,eJ .,
e WIN We signatures and occupation of the subscri.
oers unwilling TO provoke any discussion on i,s refer
emce he moved that IL be referred 10 the Committee of
Ways and Means. ~ ~
Mr. Sutherland presented memorial from inhabitants
oil tho 9Th Congressional Disrc,; also one from nun
per OF democrats who lately assembled at the court bouse
OF he cry OF PhladePhis against the res Grafton o tb
uepostes The signers Of the memorial saw that This Ia
ne geuea' voice OF their party, and he would
pa' spoke The voice OF what he apprehented would be
he larger portion OF the inhabi ants Of that city,
Inc Speaker presented me MORALS on the same s,b;sc,
from MoyameDsing and Harrisburg, Penn.yjvani, '0'
Mr. Wanough presented one from the ri Cono,sss;on
al District, Phadelpba, in favor of the 81 H.
p' az "n'cn memorials were referred 10 the Com