Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-07-25


OF the lar greater but uninaied portion Of the COM
mnni'y, thereby increa sng and agsravalne the dis
paues oil condition which already among the peo
pe' anu multiplying the instances OF poverty aud want on
The one hnd, anl OF bos,ed wealth on tho other
', wheh makes ITS possessors more arrog oppres
sNe than nat mas'ed IA any other way. because not ac
CURED by ANY OF those useful cAinps which IN a..
Ayor anu depend TO some extent the patronage OF IA.
people. The Injurious effects of such a ate Of li.ys
upon he morals and hsppnessof society," are glarng
"a pernieiOns, 10 require 10 be exposed.
Ihs' Tue cNistence OF great National Book in any
," as private corporation. Involves these H,any
o'a"T dangerous tendencies and RESULTS and that The no W.
e's possessed by the pre- Bank such as in The Ian
Kusge oil one OF greatest statesmen. fought not 90 be
ueegei 10 any body OF men under the SUM- been iu
proved by the disgrece;ul the last six months
:, ne solemn conviction that such The nature and
mat suc would be the such an es,ahiis
men induced tue Old republ 1887 in the conve
uon which formed the tonsi'u'ion OF the United S,,.s
10 resist TO the utmost. aud after three iays ~
debate, 10 eject proposition INTENDED 10 clo ,h
81 "lvernnent with the power to charter s,cb an ias
S ~ was me same conviction. with the snpersdled
objection oil The want OF cons,itu onsl mower which in
uaced lhoms Jenersoa a npinhrr of General Wa.l,
s" e'''c', 10 resist with equal zeal the ucorpora.
non OF The trsi Bank IN 1891 aud which led tbs great
1850 W Nep""ieamsm, years Afterwards, when the
"gh's OF experience had confirmed the an,ox pronhec
"ssrssonS OF MS own mind, 10 ssy OF The instuo.;
th's institution IL ose OF the deadly hostility ex.
.hg again. the principles form of our Consi,1,ion
ne NATION /. at hts Iine, strong united in . SEN
umsns that II cannot be slskea at this moments bu, s.
pose seiies OF unioward events occur .uii, lent IN
o"ng into doubt the competency OF Republican Ga.
ene., 10 meet crisis OF great dagger to mnhinas
les.
an institution like this penetrating by it's branches ev,,
part OF the Ooen, acting by commend and IN bejons
may w a critical homeut, apset the Government 1
I'VE" NO government sale wh'rh is under the vasssage
OF any se-consiituied auhoiilie4 or am o,h.. -
Wo''y uin 'hai OF the nation, regular funeiona
res what an obstruction could not This B,nk oi b.
omied States, with all its branches be- in time Of
war; u might dictate to the peace we should scceoI
OF Withdraw its aid. Ought we ti;en 10 ,,;yo 1.r.a
CROWN 10 an institution poweIfh-so hostile, Is,t
Is so hostile, know, FIRST, know Of Tho ,;
pc o. me persons composing the body OF directors in
DAi Or hiram M.
sSckho'ders; secondly rolv their opposition 10 The
sures anu principles of the governments aud TO the eec
on o, 'hose endly 10 them and thirdly, .om The SEN
e,'s u me newspapers they support Now, while we
are Iiong II Il the greatest duty we owe In the safs,v ~
S1's"nuon 10 OIlng this powerful enemy to a perec,
un'"oh under ITS authorities. The frst M
wonid be 10 relsce them TO an eons fooug oI, II
o'ner o"nk-' as TO the Iavors OF the government,
= on'i4r sentiments Influenced The veteran r.n,hl;.,,
George Clinton, TO give his Tasting vee against ,Is con-
unn"nce OF the charter OF the first bank An sct I;h
more than any other OF his public fe has ~
memory ~ the hearts OF all genuine disciples of The re-
publican school. " e re-
II Is matter OF history hat the question of Bank or no
oanS OF TIE United Saes, lies at tie foundation of The
. "ss'on OF pa'ues IN this country; and that all the
great points OF controversy in reg to our dome site pol
~, "n'Sh nave since been sgItaed between those parties
are medide'y or immedia ely reierae to the princ;
pies Then ayowed by Jefferson en- the one sid. and H
mon OIL The other, Uose distinguished statesmen beino
'' 'nat pero1 the respective leaders of the tyo 80
parties. Whenever, them the question of 80 80
BANK arises must, II has heretofore done LII &c.
anu ag'in'' IT, the great body OF these two parties
~ must do this Because il is emphaIicav ouas,ioo
between the Democracy Aristocracy OF The eon,
Accordingly, we hnl tia the attempts in ISL ,o ,iSy
anu continue the first bank agitated the country mor
eepy an any pnoc question which had pre- il alter
Inc adoPonoi the Constitution OF the United S,,,ss
''ion oi circumstances, peculiar ia their character
"' a' all hAciy again 10 occur, contributed to Tia.
oiishment OF the present NIX with comparaveiv ,,,
aSauon oil the public mind; but for the indifference
which then existed, the nation is noy dooped IN -, 10
ro"s amends. While all deplore the pubIir and
private mischiefs 10 which the country has been vI
,ney are, fortunately not without their uss-They serve
La Frqs IN aL.o n
PIE; 70 force upon their deution the fundamental
u ,e od republican SCHOOL, aud TO keep fresh iu nut
~ anu respect the doctrines. preceps and
Jefferson. 49, e'O''- hohiAs
Ey aai deeply imhued with III principles and sc
cus'omed 10 carry his views Of public u,y uih,,
regard 10 personal consequences, Gen Jackson AZ dc
commencement OF his called ,ha a,,a,;
oil Congress and OF the to the re- charter nj RI 80
seh' BANK, Al subsequent period with that cn,,
rage-whlch so much distinguishes his cl,r,c,,r L 49,,
only paced his success defeat at the most c. Al neroJ
" 's 'o"g pubic lie, npon The issue rendered 10 hun nv
'he friends OF the Bank, bat te has ssc. fe.rlessiv ]
rue hna' result OF iis brilliant political career into the
s 1 sS"'e' through prescription aud ntocrsnce per-
SQUAT anu PohucdI-under assaults more powerful and
yndcIive than any heretofore known in ,sv na,,v c
e'sne mas hoa'y succeeded in inging i- great ones
uoh oil BANK or NO BANK in such a shane b.for. no
Tree people OF he Unei States as 10 Mace ro,i,I
In their power to put down. and forever moi o ,
Pese", o"hN' Out any similar institution. Ii the prople
are on'y true 10 themselves, we cannot dou,r iba,
tue business OF the Treasury can be conyeni.nv AID
ss~Sey indhaged' by the agency OF the State Bank
VI Soiu cOits To the specie of
'he COUNTY WHICH may soon be expected to follow the
act recently passed, will not ony s,rengthea t,,os
hsuuiDhs, Out operate valuable iimtatiou IN hai,
ISSUES, anu u proper caution Is only exercised bv the
slate governments Ia the incorpora ion and
OF bankf and gradual but timely measures are tken or
the abo'Uon OF small notes, we NAV con6d,ntIy a,t;
pa'e aud That AZ distant day. safer aud ,nore usef
currency tS1 has ever YET been enjoyed bv the neon t
"iS country lie evil tendency OF the Dsper system o. iI
moi ohy ne checked 10y this REFORM bur the earnest ,
our venerable chlei magistrate, 10 the labor
ing man me ruis OF his industry in medium OF c.,tain
Vaiue; ana 10 conhhe Banking institutions TO their gina
and legitimate pnpose-he necessities of tradc-wni inns
be Carried nio practical effect.
We are now prepared call your attention IN ,J,o 49,
ucul1r questions connected with THE REMovA l. or ~
fOBLic MONEYS FROM THE BANK OF THE UN,rrn
STATES TO THE STATE BANKS
we regard this procedure a preliminary measure
authorized by law aud niispeR ,ably necessarv IN ren
successful the change about TO take mace in H., e.
agency oil the government. II would have p,ssed win
out observaon had not the Bank designed q, C,,ce fo
congress- renewal OF its charter and had NOT ts s;
eo"eu'eu WIN the anxiety OF leading polci.ns
70 auemPt TIE overthrow OF The present
ms measure was, therefore, selected as The pfineio mini
Ct attack. F' 'P"'"'
ne motive by which Tie Opposition were induced ,o
pass ny he question OF the re-charer Of the Batk and IN
MAKE uie hTst ASSAULT upon the change OF the denoses
very ooVious AMI does credit TO the ssgacily yeysr
" may i"P"gn The Harness, oil their leaders n The s,o,s
Eeh by the President 10 compel lhe Bank IN eon6n
sell within the limits Of its charter and n - =
hns' close OF It's affairs, lie but acting a. s asn
., we people, snd carrying into effect bar ell.uner
sVV auu "os soiemny expressed VII From this sttony
Pos,On' was desirable TO dislodge him and this pa 10
Ds oo"e w throwing the question OF re.charfer 10
" INTO TIE back gound; by sugmazins lie rcn,fsi :,
the dePosites The Offspring Of i,erse,,,i rsse "
an encroachmen upon the rghtfu pov ees of OH, 49,
u0naues, anu aseYiCciye OF designs against e L.-,