Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-07-11

tho -Aud hishes, "o,y u4,k,,. to operas, most.
upon both.
There have been wotk TO cncate demand tor
money which would have rendered The supply dit
h'ul' than usu |, had The depos,i. removed
here p"rueni ry aiude 70 the change Ia com-cisl
e"u'' ny Va IA" mat ok effect "s' -png aud summer,
sho en"g thu c'ed Tor dates iatse io.s uf m.,-
ch'niiIe Imported, AMI requiring Cash pay on ah-t
por ion- where Oru-rly credit given This cause has
not been o,erisoked able speakers ia Congress hut
hte compars i've stress has been laid upon H. q. houyh il
deserves much " il computed thai demand Tor AL.
dionsi snus 10 an amount scatc,y han millions
OF d,ii'rs, as arisen in the ,9r OF New York sloue
within the yea, from this single cause Bu, Tor i,s
operation ihi+ money would have been Ie la the h.nis
OF the mer' h~ns instead bring paid away the Gus.
tom house. /, weu'i have been. in ,-c', loan OF
"ch 10 'hensby he government, until the terms OF
uh exi-ung previously, bad out. With this money
many 81 them would perhaps have made smother oysgp
o. q herwise rnPoy+dr; ss TO have raid lie dures
when The hme came tonnd with the chances OF n sur.
plus, Trough gans which hey would thus have had An
iner"e'i,te orror'uniiy Of acquiring Even IL the De-
ro-ies hsi not teen bank wouli not rea,
have been able 10 supply this drinsn wiirb others
iron The same cause I've added Tor other pan. of The
country; least, we take lis declarations for 4,
hollis o The rndence Of diminishing, not pcres,iny its
loans as tie expiration oil its charter draws sr il
mas no r'gh To build upon the charter continuing onge
ha" NJ rch 1886 For one, entertained doub @, the
propieiy OF thi- change ia roIicy and e
pressed lheu under ohcial call I, ou The nat. ia 1928
"hs' deous oil seeing manufactures aged, COM
mere n'o VS. equal eisS's and did not think
Wy u.n old enough, or merchants as a body rich
euo"xh !" independent capital. TO di'pvnse with proyi-
$40" h Vie Laws, hough OF the obj ae to
H. which, ON the Whole, lad aided ia vancing our com
herc'a property with rapid perhaps un. anpl-d in
me same compass nmc The change be- ADJ
We must hope Tor The besi but the si year la
heavy demand Tor money h-rio unknoxn among o,r
erchanis periods short. IL would have h..r ~.
eried To universally canse o the pressure ami nm
Important me- but Tor The policy keeping political ex
cit men' exclusively TO the depose question.
Souing more din ee,ly 10 the pout YOU hay.
speak on 1t thus; BY the banks coni,,ee we arc
ih'orned, TIA during Tie years between NAV IssO
, may, 1882 i's 10 M amounted TO than twenty.
se'en millions oil dollars Those at the first date wee
only forty Three millions aud irucon. For this pres
NE bank accounts. IN part entirely lar
as is means 10 lend were concerued but The motives 10
the increase, must he weighed by he country IL led TO
Oh amount Of standing ioans. equal seventy m i,u.
OF dtllar~ The calling in this SUN, within III .io,,
remnant Of the banks existence could hardly have been
done, had the d"positrs remained, without 10 sg mn H.
oroors. Accordingly II Appeals, tina, b-tween ay '32
ahu November 80 u reduced s loans thirteen ti,,s
BY Dec 33 he i-huc ion sixteen millions. PART WAS
oil course alter the deposi had been removed But il
seems, that whilst the drpos;es reduced during r
,hoh'h- oil August Sep en'bsr. October, Noveirber
As'o ~ two millions end hall, amount or there. 3D. M.
e o's were rr'uee during The time more an
n'"r mn ions in"se facs show violent openings and
shn'ine- 40 The foo Igaies oi thu great ion leno
mon III and nn' w'h q"icknrs-, and aa amount moi
usual amo careful bankers. II gives susp,ciuu mn,
wholly Unreasonable, in 60 existence with lcaI, v.n,s
USi ho'h al some reference the banks aim. m
gard 20 The renewal ui It's charter A The susn;ri, M
Wen iiuuded, the pressure accounted far Til, ,I,n
pc ra"ee OF mon tIom the channels of circulation in
Rea' 'oe'ei"i ro""'rN aud its return again, although
80 "ieh depending on confidence and ALWAYS TO h.
Effected oy eonrer' among powerful capitalists. Will soue
hmes siing from that srcm TO elude search h.
Cause INTER" oven with the ted ana, or.
raos Oh rade throughout The oriJ- THIS wiII he NOR.
The case IA c"un'y whe'e, in The Uutd STATES hr
Is a" undue "P"rion OF paper money! besides ,lrat 1r.
u' o's are more ik"iy Ia occur such country vulu
lis own limits, "'i ga the scale own OPP r.rIous
a. TO l. her pr OF the inquiry, VIZ: whether res
torat0n oi the depos'es, wiihoui chang. in ma. o,,,s
P'r-nen ny The Rank, wout tend relieve .
II my he disra chrd very briefly cannot even ,och
", however, without promising how much should de.
pore The res Grafton, couli possible of what
ia INK we're 80 justly away But 4 do not helirye
mat ne rrsioralon, we're U possible would do good nm
Ger any course Ih,, The bank would pursue The step
would tend To fresh embarrassment IA her than r. Lief
lie bank woul proba'l not receive them back unless
expected to be re- chartered; least should coni G.
uTe The tiH'e has arrived when IL il apparent thSt !,
must he 10 ki"g To Tor narrowing s buness-
IL ceases 10 exist by the pres law. less an TWEEN
ty-two months It has Two years of marital lin. ,,,,,.
oui not Tor "ankng. Is for nothing than he pir
pose OF bringing or carrying on cults and lie sole Il liz
properly
III Your last question il. whshsr .l'i;k che la,e
President tor he removal OF the depos,es waI,an,j h
their cons iiuiion-l powers Z"
And here, what answer can eivep VIVA, !. len c
me 10 say alter the COW ir,ions have been expressing
me qnrs"n, Ia effect has been cred IL has BEEN
answered. unless am To fling away all regard Tor what
conceive to he hr character INSTITUTIONS in ,bei
very essence, and the highest dictates pubic admis
trAJn under III With The views entertain # ln,,
'hht there should have been roon for the oue,on il
WIN me, the source # surprise. an, at loss rot Io'
m"''e'' but expression IDLY know how 10 proceed
An nperions institutions feeling It's power but fry.ttng
It's fphe'e, giris ueII Tor bsr The object of lie AL
tack the executive branch Of The government The
W." wv !" we d''sck tue opposition v hch The
made TO the renewal 81 its charter made constru.
ncnilly, through Official atoms TO hob Houses
o, Congress "nd on convictions a puiiic ,saiY-
The means Of attack. the treasure under its control
parry belonging 10 The ration, Yet most unwnrran.
'"oy appird !" gaining over, lar il could, tie
pressts" ciamor, and passion, every kind OF move
mem, might he rallied this branch oil the yoyein
mint The ultimate scheme OF attack 10 dra ~ nubIc
opinion 10 lis ends, giving that the public good as
identical With own; as ill., being charged like tie frsl
power IN the State ia The public good the pr,vsr,,o,
Snd circulation OF 'd0cumenfS and papers IRE The an,
pointed means OF tuhlIng his cali upon
ing au'h0n Al ths Is prOvtd proved a. hy the e,.
~ OF legal rec rds he hank has down much in lie
conessl0n' The eXecu i've head Of The government SEE
ing dl and more alo his duty lie stands no, with
arms folded Under the highest tbigsous to is coun
ed cap-s pie for war; not with tie weapons Of chvsfy
which nEht rave alarmed lin less bui weapons d ava.
rice. resolves to ejEc u from he pubic epcosure
into which, had unlwiuy broken. He resoy yes tod i've
IL irom ii Of it, hustle aud noise, with the riob
nearest az hand, aud likely 10 be efTeciual He re-
sol rs To cripple its power OF mischief 10y diminishing is
means OF mischief tie resolves from keepr
the public OF which prov ed itself 50
depository Aud this, his his crime Z yy;tvt IN NV
Judgment lie has earned grai'ude, imsess ~ ,ssuc
No the doom OF the COnsli uon breaker hui Tsi, e iu,
10 HE clul rio, >bould him THIS s the light
in which view liz contuch How, then, em | 10 pro
coed? Jn truth, am embarrassed Principles of tsaIs
ceudnnt importance cone uto mind, accoIpafud by
sOhciudc% and turrhodugs. The sl~brsed (astruceio
Castr"caui, OF Luce, about o die, WHEN factions tore
biz rOuntry, de sired bur DOWN. ard saw.
t.fvy, and hen he would he in the same posture
WIN Ohrr men. So Tor get no bet er II u.rs.
ton, shOnid ihnk al in our Republic ions, -tr.
Wy ~ the Constitution has been broken by tie prest