Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-07-29

counties. We are not aware of how many counties
having taken up this idea--but we do know of its
being in a train Of execution in Chesterfield, Din
widdic, and Nottoway. The Petersburg Constella-
lion states that the proposition will be carried out in
southampton, Surry, Amelia, Caroline &C. &c. Ii
Is certain, that i'm i'm all of these counties
The elections came on at time when every effort
had been made to get up panic, to affect those We
ny elections. There he no doubt of the fact
Dir. Benton. in his powerful speech Just published
delivered i'm the Senate OF the IT, S. on the 7th Of
May, in reply Webser,) speaks in the following
emphatic terms of the and effects of this ex-
element:
The eiiec, upon the public mind all the country
mas been prodgious aud deploabe IL Is the irst time
that the American Senate has undertaken TO alarm aud
sgs'e the country. The People were usprrpaied for
the assault aud staggered under is force. The cry Of
revolution! startling. Hitherto Liooiiess! was an
appalling niimation OF the approach OF the fatal
moment when the TOW Of blod could no longer be re-.
srainsd Peaceful and quiet cit alarmed; the
land was filled with terror; aud the bod ny apprehen.
zion took place that the veidsn spring would omen not
with the joyful tasks oil the busbandman but it'll the
clsngor oil arms, The storm OF battle, all the woes of
tratera strife and domestic In hi. gloomy STATE OF
the public ieeing, the New York and Virginia elections
and the results bore witness to the extent OF the
panic which had been gotten up results which were re-
cvivcd IN this chamber with excess OF exuliaon.
and show OF frantic exhi,i ion. worthy 10 grsce the
teasisof The Lspba and Centaurs, the nocturnal les
oil SaturnaAn ceebra,ion.--it then that there was
'laily witnessed in this Sens that detailed of
Senators rising ia their places, every ony the stsn,
the journal read grief the tongue Joy in the eve
triumph in the heart. TO announce calamity lust hap
psned,a merchant failed, factory stopped bank broke
and 20 lore ell greater csames come. IL was then
that the distress orators inno taized themselves durnaI.
iy, on the presentation OF distress memoriai-Upon
property the country great mischief was Tor some
time DONE Stocks OF all kinds made fall. The
price OF produce sunk. The Of money rose Real
aud estate lost sensible proportion of their value
Many merchants ruined; several banks stopped paw
mems But the pet banks and the safety fund SYSTEM
these selected objects Of rersevering mark
ID aud devoted victims of Senatorial aud United States
ank dennnciation; they rode the and live Il,
expose 10 the world the OF the blow and the -
sirnment Of itsinfciion."
But we shall give the whole of this speech, here
after.
If this he true land what impartial pcrson can
doubt ?)if some of the elections were also affect
ed ny mistaken views of the Protest, which were
cleared up IN few days by the Supplemental Mes
sage-wlo can hesitate TO believe, that the People
owe it to themselves to instruct their members?-We
also present this additional reason for doing so
The leading organ of the Opposition during the
spring, was paper in this City, which denied tia,
the true issue was Bank or no Bank and affirmed
that the Bank stood no chance in Virginia. Now.
this very print has Just shown its colours on this We
ny subject-and has the audacity to come for
ward, and declare, for the following fliuisy hut nor
'eh'o"s reasons that 1t Is prepared to advocate the
renewal of The present unprincipled and dangerous
and unconstitutional Bank. Hear him and Iet the
People Judge of The easness will, which a poli,i
clans of the Coalition press is sacrificing the Con
stilutlon, abandoning all his scruptes, and prosti-
tuting his principles TO party purposes If these
heresIes are thus getting afioat from the Head Quar-
ters of the Coalition, let the People Judge how far il
is safe 10 leave their Bank, or even hesatinc Dele
gates 10 select Senators who may likewise vote for
this Bank. There is some coincidence between
the following Doctrines (irom the Whigi and Mr.
Leigs Meckenburg Letter:
"e have ever doubted The consiutionay Of The Bank
and this doubt far that al original one.
ton we should oppose its establishment all our might
But we have doub, wiser men, and the most risid
consnciionss have thought it merely Indispensable
but likewise constitutional, has approved by all
the Administrations by The immense majority of the most
distinguished and virtuous the country period
oi 40 years. the three Departments and finally
~ large nsJoes OF the people themselves we should
II The decisono the question ahded with us weld onr
scrupes to the judgment and authority those no know
so much better. But, il is only because we doubt and
artheT because do not believe the Government can
be carried on except at The runous Losses to itself
a@a people without The seadying and eqnang agency
oil the Bank, that we would yield scruples."
The .Ne,c Mouen-ni-The GLOBE shows from IN. m;
etdt reports OF the Bank tina, from October TO June il had
cnrt'ed $S992 290-tat i'll its Report Of March last il.
Co'nmi'ee stated that the reductions Chen msdr) are
nuch less than are required Tor its security during the
present unset led state OF the country aud that il has
now become the duty of the Bank gently hat steadily 10
diminish the amount of the claims upon IL, by continuing
10 lessen its busnsss.'And YET presto! behold te NJ
York merchants have just told Mr.. BhidIe:
adopted BY should be ea's" aSn
and 10 It's s,rd mat eoHr.e OF fec and useful
asn sop Re Iop%sd to tho extent Of FIVE 10 TEN
"Does Mr.. Bidile in his reply deny IN. mower NJ M.
Bank TO extend It's business ten millions of dollars with
perfect security No; he merely says that ga general
TuOhc decioTuOf oil purpose 10 add 10 the loans
bAuk sum oil from i've TO ten millions Of dollars might
be productive Of great disadvantage as well TO The BsnL
the public, and The prudent course of trpans;on
81 any be necessary, 1coud be 10 increase the hams can
fiousy and gently d those points which most ren,ire m
Iei aud "fo such polio, the Board are tpH dispose
thus admitting that the Bank ability TO do all the
committee suggested
$50 here is admission by the New York merchants
and MIR. Bdde himself that the Bank eau safely extend
its loans ten millions of dollars Now the entire reduc
lions since the removal OF the depoes the October
1888, as shown by the official statements the Bank IL,
SELL are less than nine millions The admission tina, the
BANK can now with perfect security, witota restoration
o TIE dcposites, and without any change in attitude OF
The Government extend is bu.ness millions con-
tesslon trumpet tongued that The entire churchman's
made since the removal OF the deposes were TOTALLY
ONNECESSARY that all the real distress the country
has suffered, was brought upon IT, conOniy ,cicked
~ by the policy OF The Bank that the official exposition
Ia March vas dtT0ciouS imposition upon the country
aud IT'S statements in relation the security Of The Bank
aid Tie necessity oil further reductions, tCIv unbound.
en-" ani that the whole oi the Institution lo lst
October, 1883 10 isi July, 1884, has been cbarac,ez
ell by scene OF misrepresentation hypocrisy cruelty and
wlckedness, sufficient, have covered any private n,
hua with eyerSs ing uiany, If il had exposed him 10
cohuiBn punishment Every man who has been made
hankrup, by The panic aud PRESSURE will TOW urn TO
MIR. Ncloas Biidle and say, Sir, this is your toOTko
ne miserable dupes, who, having been Uail, m heir
specuaons, or interrupted in their business were auyt
20 oeeve That II was abu able 10 the measures OF The
fesueh WI now turn upon Nicholas Biddie and indig-
hAn'y tell him, "Sr nOlc understand both me source
and The oickedness Of the euiis IRE hare endured aud
YOU WE HOLD RESPONSIBLE FOR THEM" And hos
WIZ Mr. Biddle lace e thousands honest people HON
We deiudeh iuo the belief and 10 resolve that al
we dsresses OF the country, real and imaginary were
produced by The re'novaI Of the ieposiies!'
We. too, most earnestly beg fbs NJ V F,ori,o CT.