Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-06-27
occurred now though naturally 60 have been expected

Gecllne, hNI conItaTy, actaaT
he must claim the evidence for the other side OF the
couns aud set it down proof positive that commerce Is
not desroye and consequently that the removal oil the
deposi,es did not destroy commerce.
The next evidence OF commercial prosperity which Mr.
b. would exhibit The Senate, IN the increased, and
increasing number of ship arrivals from foreign ports
The numbers OF arrivals for the month OF May, in New
York. was 1923 exceeding by SO those Of the month oil
April, aud shoaing not only great bat increasing ac
,iv,y in the commerce. OF that great empo iun-hc would
not say OF the United States OF North America
but hc would call 1t that great enIo'iu" oil tie two
Americas, aud oil the New Wofs for ,e goods imported
TO that place were thence distributed TO every part OF The
two A'aercas, from the Canadian lakes to Cape Horn
nird evidence OF national prosperity was in the sales
oil the pubic lands Mr. b. had, on former occasion,
adveed these Sales lar as the 6rst quarter
cene; had been predicted this floor, the revenue
from the sales these lands had acaaliy doubled, aud
more than doubled, what they in the rst quarter
1888 The receipts Tor injs, tor that quarter,
66S 526; for the first quarter OF the present year they
81 39S 206; being two aud 500 900 over =!
The receips Tor the two first months Of the second
quarter also known, and would carry the
from lands, for the first 1--we months OF this year, two
mions OF dollars; indicating five millions ior the whole
year; enormous amount from which the People oil the
new States ough TO De- in some degree, relieved by
reduction in the price Of lands Mr. Is. begged, in the
most emphatic terms, TO remind the Senate, that at the
OF the session, The sales OF the public lands
selected OF the cierious by which the ruin
aud desoa'ion OF the country TO be Judged Ii was
then predicted aud the prediction put forth with all the
boiness OF nfalble prophecy that the removal OF the de-
would disappear, and the People have nothing TO buy
with; that the produce OF the earth would rot upon the
the sales had really declined, what proof would imme-
daiey be found in the fact prove the ru OF the pIo
phecy and the dire effects OF changing the public moneys
from set Of bsnking houses to anoher But there is
no decline; but doubling OF the former produc and
lair conclusion thence deduced that Re States, in The
INTERIOR prosperous the old ones the sea coast
Having proved the general prosperity OF the country
from these infslible data hourshng revenuenourisl-
ing commerce-increase of sbipsanJ
sales of public lands, Mr. b. said he far from denying
that actual distress hal existed. he had admitted the
fact OF that distress hereoio not 70 the which
IL was charged hut TO sufficient extent TO excite sympa
thy for the sufferers; and he had distinctly charged the
whole distress that did exist the Bank OF the United
States, and the Senate of the United States-to the
and pressure operations Of the Bank, aud the alarm
speeches Ia the Senate He had made this charge; and
made il under full If hc moral responsibility
Which he owed TO the People, in affirming any thing from
this elevated theatre. He had, her, fore, given his
proofs TO accompany the charge; and he had TO
say to the Senate and through the Senate to the Peo-
pie, that lie found proofs for that.carge in the de.
tailed statements oil the accruing which, been
called for by The Senate, and furnished by the Secrea-
~ OF the Treasury. MIR. b. said he must be parloned
Tor repeating his request TO the Senate, to recoec how
often they had been told that trade parsyzed; or
ders Tor foreign goods couniermanded that the i'm
porting cities the pictures OF desolaiion; their ships
idle; their wharves deserted their mariners up
sud down. Now, said Mr. B, in looking the detailed
statement the accruing revenue, was found that
decline OF commerce, except at places where the
policy aud power OF the U. =. Bank predominant
Where that power or policy pr, dominant revenue
declined; where il not predominant, the policy of
the Bank exered the increased
last enough make up the deficiency at the other places
a
ence 10 specified places ThWs, at Philade pha where
the Bank holds its seat oil empire, The revenue Tell
oil about third II was 797,316 dollars for the
first quarter OF 1885, and only 5I2 49S for the first quar-
ter OF 1884 AT New YORK, where the bank has not
been able get the upper band, there OF
more Than 10000 dollars; the revenue there for the
quaer OF 1888, So l22 1885, for the first of 1884 il
was 3,2i97S6 dollars. AT Boston, where the Benk is
again predominant the fell off about third AT
Salem (Alass) fell off four hs. AT Baltimore where
the Bnk has been defeated there increase in the
revenue OF than 10000 dollars Richmond the
n,,Il -Ora
lars; nj Cbareon IL increased from 90 sos dollars 10
1927 $40 dollars at Petersburg slightly increased
and throughout all the region South Of the Potomac there
either an increase, The slight falling off which
might result from diminished duties without diminished
mporta,ions. Mr. b. said he knew that Bank power was
predominant in oil the cities TO the SoHih he
knew aso that the Bank policy OF distress and
had not been practised there That The region to
be governed by the scourge The high mette of that
region required different policy: genIeness, concia
ion cooking! II the South be gained over by ibe
Bank, was 10 he done by favor, not by fear The
scourge though much the coDgenal The ueh-
~ spirit oil the monied power, was only to be applied
where II would he submitted to- and therefore,, the whole
region South OF the Potomac, exempted from The LASH
Mr. paused 20 fix the attention OF the Senate upon these
facts Where the power OF The Bank enabled her 10 de-
press commerce. and sink The revenue, and her policy
permitted her it, commerce depressed and the re
sunk and the prophecies of the distress
tiers fulfilled; but where her power did predoi
nate, her policy required different course CONNER ce
increased, and the increase and result
the whole s that New York aud other bank ci-
ties, have gained what Philadelphia and other bank cities
II had got IFS accustomed supply from every place.
This view Of facts, Mr. b. said, must fasfen upon the
Bank the odum OF having produced all The real
cial distress which has been felt But one point, al
New Orleans there further evidence convict ber
oil wanion anl wicked oppression. 1t in the Sc
cretarys reports bui IL la the weekly Of the
Bank; and showed that in The beginning of March, that
institution had carried of from her branch in New Or
leans the OF about coo dollars In specie which
Il had been collecting all the winter by wanon curtai
mem, under the pretext Of supplying the Of the
deposes taken from her at that place. These 500 900
dollars collected from the New Orleans merchants
in the very css OF the arrival OF western produce. The
merchants pressed 10 pay debts, when they TO
have been accommodated with loans. The price oil pro.
dUce was thereby depressed; the whole from
the depression, and IL is proved that the money was
not wanted to supply the place Of the dcpoes but was
sent TO Philadelphia where there use for it, the
Bank having there than she can uses and that The
whole operation wanton aud wicked TO co.
cree the west to cry out Tor return OF the deposies
renewal OF the charter, by attacking their commerce in
the marketof New Orleans. This fact, said MIR b.
would have been proved from the books of Bank il
they had been inspected. Falling in that the proof was
nteigibly found 10 the weekly returns.
Mr. b. had further view TO give OF the prospetifv of
the country and further evidence TO show that all the dis.
ress really suiered fictitious and unnatural IL was
III the great Increase OF money in The u States during the
last year and half III spoke Of money no, paper pro
nises 10 pay money! but The thing ilseIi real gold and
sverand affirmed that there was clear gain OF from,
EIGHTEEN TO TWENTY MILLIONS SPECIE, within
the time that he had mentioned. lie then took up the
cuson-bouse returns 10 verify this important statement
and let the People THAT the country was never so
well OIL Tor money at the very time that il was pro-
claimed TO be in the lowest OF poverty and misery
lie first showed the imports and ports of specie aud bull
lfnftlu fHng Hin al N - Il