Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-11-28


take the liberty to ask your sentiments the great yo
huesl questions ~hieirnow aei,ate the community
SYLVESTER JUDD,
JOSEPH II. FLINT,
SAMUEL PARSONS
CHApNCEY. CLARK,
q. p. HUNrINGTUN,
JOHN Rl&HT.
Mr.. GEoRGE BAHnRoFr.
NoRrHAnsP Oct !, 1884,
GENTLEMEN - Your note. OF the 25h teouites "A de
hoefs'e answer lhreplyng 10 Your inquiries, would
s@S your attention rather to permanent principles than
topics OF transient inter est Opinions may easily
susss on the Of election Just new coat is
ctsosen Tor hoiayl that should hardly be willing az hi,
osen' TO express my views II HAD alsv,dy aud
seeested occasions made them publicly know n. have
"sa ITO preferences whica'i am willing TO dsavow,
op"'ons which am disposed 10 quaiiy reiract The
ss'ne doctrines OF ga determined.
siocsscy which Iadyccate new, advocated more isn
eight years ago in.,he presence of the iowa in WHICH
reside.
Il is also several, since in owe hum
oe degree by tranquil argument 10 rcscae the Bank ques
uoh from the DIN 81 party politics, and consider ia
bearings OH public happiness and public usire. Some
courage was then required to the weight of in
ence and argument, whchsustained its cause; hui while
my Opinions were nroIiision wh those oi many OF my
friends, The hrnsfas OF ny convictions wsranted IRE IN
asking Tor my vie 49,. what did obtain, pstent
nearing. had MeD occssioc.to point out the ion
between coin AMI bank bills the standard oil in gold
aud silver, and the common currency. look occasion
shaw, that the cid in the currency grew out
of Tie eNigenciss oisthela,e with Great Britain: that
Me restoration % specie primarily
tug to the establishment OF The United States Bank but
cite payments was bxcd, by Tie ona bank but by
aJoni resolution OF Congress; aud that rs the received
ssnoms oil politics. ecosoy give way 10 the in.
'res or even To- the pride OF opur corporations rs-
ts'ioi and mol privileged company isihe gua,or
AZ the currency.
was IN no tespe 81 carried .ay by the arav ogsnt eu
eogies on The baak, or she its in
Spensable necessity. When ITS importance WAS cou,par
ed that OF the Jrdcisry could NOT orgei iLat te ono
rs an essential aplice in The Constitution, lie other but
transient Corporation When il was assoMed that the
Bank question was question about 'te rights OF poper
~ and The siahiiy oil social aysie kne that in
sober Truth u wdo 10 the sioekhodersa
and TO the Urhed States OF expediency Wh,na claim,
fopubic graiu.de sSse advanced reass, Tor renew
~ OF he eScIss"e charter, sawIhst the had
but boon 10 beg. OF privilege purchase When eve
ny merit was assF6sd 10 che Bank stLIeneibered the
remark OF wise Observer ed conpou are
radically Neiess aha every thag hch essentially bad
always comes i'll ed, in spite OF ,rans
When 1t "as eo"ended, that the Bank monopoly,
ahough II indsious To- deny 'the exclusive privlee
which is so ds'ne9yrOnceded And fhay wlie nil " an
urged, Thai ihe monopoly is Eig, because one Bank 10
enough 10 accomplish the purposes OF tho Treasury
could not o"t pafceiSe, that his usca the .xcu
s've charter, 'qn'y expressed te sghul huiisons Vi
power.
Such was tho lsngnage employed when lhs issue Of
the SUBJECT mas we're tie views high
auoP'eo ana ,'Sis as phhlc as could, beioIe the
hewa ol ihe "haiitr had been agitslea ia Couaress
III the ssis seeppg snd pc,npi of the nub
lie funds shesd be iounaao equire lie W bank the cen
siiuonal o,Jsct fix the limits OF hs eharlsr Not
one uhnecesSa privilege should be eoncedsd The capnaI
ee ,e SMALLEST eo"sslenI win the public services
the profits o1 e culaon should be secured to The roun
sleek ,yi,n
already 100 spuen and tie custody oL the deposite
which may oxen value 10 thu ieres, on ,e,
millions Of d~lar should hot be !agori,e
national bank than Oh fayprie Stale HANKS h,t
should be pail Tor the people according to the raes
which lair competition weuld coriI,sud
The UnlrS States Bank as Of resent on Il,
never to he renewed, Tie reasons are Obvious
L. lie capnais too vast. In proportion TO the wealth
o the counISN, H. is.lhe lagg noneA monooolv ia The
world Not EnglaDdy With lis hunhred millions OF sub.
Jeci anu It's stnloci sc factions oF pol tie France
"i NapoieoB .0r Of leg macy LUnis PbiIpp.
hoi Russia "h lis despite government aud its millions OF
eers has eNer created viii, ~ ou
comparatively ~ geaL Rtpublcan America the yiieu
oI the New Weld, the Government wbiclis esn,ci.v
charged Ivy wholesome lie gislalion to event all ,Str,,
'n qualities Oi 9Eiohe, has sntpast every county IN En-
rope Ia the llvi'coacesson U nluenes and prviIce
10 monIed corporation.
Here Is s9pa loom ior objection 10 The mower Of the
United states Bank 10 accumulate and resiil real estate
under the iorn d. notgages; power "a durable as il,
charter equal 9.lhaLOI the Massaohuse General Hos
ial III Its Character, aud with the Utuv.
Iea'ure III Tie Bank, offensive, that il now
ed even 10y it's ttietlJs.
The power estobGsbng branches at its will many
pOrUOn OF The OaioI aIotcr An
institution, lifted sho, abe reach OF local laws and del,
lug The powers VI Stale gilauoH, toy wlcl can never
taxed, can C9er lust nouya los "a branch exoeu,
where may be ltdulfed IS an organ Oi The Asuiy
H. The power o.. tie Bank supply tie cuytency win
bills Of small denonliatlOn, IS. national point OF
FIew 100 NUE. sslficsd nder its operation
ny Of the S4,e Banks specie is almost W.
from the hands o. tie people, shd cfedij, which Is so c-
ua"g ahd 50 dslnae, pushed tosuch excess
Hhal evtrylitlc te money
out tie country NRb VuEIold seventy, The cxoessye.ya
O cftdn and IL, qCDidunOus pItssufes aTeileusabie
D. lie pO"es Olhs bank to resist inquiry 100 gre
hold 10 the Republican dUctfIne Oi
Every organ VI the GOyeIuinsnl and everv cOpo slou
1hat lives toy ths lovOi OF 6Svetns nt should be
posed 10 tie se9tchlng influence OF sowing utt
dihgent InquNJ.. lie els the sgnunV tle
beiie lie Pos Ohiee, lie Indian DE- the Bank
every hing shSod he lreqLestiy tA1Dined no matter
Win how g'eaI HinuteLts,; maci with how keen a
disposition 10 dsqOveI abuse. The hostility a commit
zee 40 cause i'r resisting investigation; We ,e
jealous vigilance OF political INaly r he exposue OF
every attempt AZ iiaud cotuVuO. Not nook M Is bicl
All pbuse Htstle, should iemsin une xdniued Enc.
ines must proclaiA the faults " ch rhds would pssie
Oi dese objections ,le Udnled states Bank tle
one relating ~ us nsmehse capital Is tie most weigby
have bcen ghised The opa,y u ie people on ,,
subject p,ti9n has bees sent Congress, siancd
even by many hieHds-oi The Administrator sy,,e 10,
Bank OF MY nhlliOfs, rise the pfesep
Babk, attempting To bfibe the county The measure
ny tie oier OF an mDeuse aItn 10 HE government -
Nor caD Oigcs That the. financial ns a-nte exc,
proposed ~ noiiotal gislaUne, bsneiul chin,er,
bouah bog, meSsufe which Was the most pefy, Sc oil
as nons'fons al piodgiOus tbngs,
Ab,minabis, anniisfsbia, sod. Soiso.
Than isbss have uignad. u lqaf seivod.
whigh Madison tolerated. which lis Serretar,
oi the Treasury ads ocated which e Senate 81 The 6sy
enacted and "hici the House Of Representative
only by the tasiiHg Of ic SyeskrY he'd og s Object
monopoly BSDk OF Atty millions hot iii aud IL ncai
approach 20 sweces- defeated Il but BY the casting
70 Ought eyefto be rene btffd, winning sgsns
The dangers @h,ci country ucUis, W,cn the Govern
met bsgtns tShalttraway it, protection, and ddllie
with capitalists lOr tlle sale 81 m,onopoles.
THERE'S but owe way 70 guard agpibt tie ffcufgcncs
puc danger; g., TO sink deep iu the hears a e people
the convection Nlo associations Of wealth are negci
10 be tolerated No matter bs, ass lie detail. Of the