Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1835-05-26

! month oil April
! The aggregate Of investments the LIST instant
WAS OBSERVATION-DISCLOSURES. Sil ai9. i25
| On the LIST of Nov. last the amount was 1921 20l
Increase, slGJC5, 22i
Making increase Of Investments during the six
months between the lat of November last and the Isl
instant. oil more than SiNrEES MILLIoNs or DoLLARs!
The loans of the Bank greater by nearly two
millions OF dollars, than they the LIST of Octo
ber' 1883 the period when the State Banks first
employed 10 collect The pubic revenue what is
generally termed the perrd when the dcposs were re-
moved AZ that date the loans of the Bank
SODO912G2 yet consequence of the alleged removal
AS declared by the Bank and its friends and out of
Congrcss-the curtaIients thereafter did cease I'M
I'll they amounted to sli 10000 Notwithstanding the
dcposltes have net been restored to the Bank its loans
are now run up higher than they the time of re-
novai. The loans now are greater than try in
november, 1881, when they amounted To 81 11 400
dollars We select this period because in March,
lo31, Mr. Biddlc found it necessary offer come
apology Tor the increased loans of the Bank which had
previously taken place AT that period he stated to the
investigating Committee, that ''without having contti-
Duted TO produce them, the Bank found, about nine
months ago, large mpcrations requiring for their DIFF
fusion through The country increased injected
with banking having the of giving them, being
IN TACT created Tor the purpose oi giving Them gave
them
What apology has the Bank ofrr now fer the late
extension of sixteen millions in six months: The depo
sites have not been restored and there certainly were no
large imp'rtaons, requiring for their diffusion through
the country, increased facilities connected with bank
ing on hand last fall But, that there viii be excessive
ihP'rhHohs on hand, before next fall has passed,
calm observer entertain n moments doubt The
course OF operations of the Bank of late and present.
VIII mainly have Contributed to produce them
The object of the Bank is to encourage excessive inn
potatons, general overrading visionary projects and
the widest gambling, that great distress and ruin may
Hollow III intends TO make another effort obtain
renewal ~ ITS charter Blind indeed must be he who
cannot discern that every and act of the bank
IS now directed to that object. The Bank well knows
mat us only chance oSucccss will be, by pniging the
country INTO Distress that relief may be attained hrocgh
| its reel iartcr.
! The following extract from letter now before us
observing of Nirun Gul-
~ conveys our opinion aud belief of the power and pre-
sent policy of the Bank. 1t says:
90 j am well aware of the ALARMING and J,nrerou.
power OF The Bank ote United States, and of the banc
iul influence ;cxcrts all social relations You
see IL shaping the proceedings OF Congress- regulating
e harhVts controlling mtercoursc-indecd, very ha-
bats ana modes OF thinking seem, measure to be
ncdihed by it-nnd so far from being dead. as some
would nave us believe have bat little Doubt that it is
| now buSy engaged, at this moIucmt i'm lcvsinp new
'chcns, ana abFicating devices. entanglc the
neccssltous, The thoughicss and the ,cklrss i'm Inc
hesIIes oi IT'S wIlrs TO create parties and thus en-
dcaVo to eXtort from suffering people rc-clarter in
defiance Of tire President"
we are pleased Ia sec, that individuals in private life
are nec0mg awakened to the power danger, aud wiics
OF inc Bank 1t is only by keeping the country aroused
10 lu sense OF IT'S Intentions that be defeated
i'c but succeed in obtaining re-chartcr the prople
VIII forever thereafter he ruled by Bank G. vcrnmcnt
WA 1t be said that the Bank is the principal en-
courager OF the stock gambling now p,ing on If
so, We sustain the charge by the following facts The
p'P'fS OF TIE last month inform us, that there has pre-
.aeu IA Boston speculative rage during the month of
APri, which has inflated bubbles little interior in Wild
ness 10 the famous South Sea Bubble What hand the
balk mas had in encouraging this madness in Boston
we will show.
During the month Of April the branc, at BOSTON y
tended lis business from 49, ~ 1870 81 iC2 an in.
crease OF 500 2l2, or than trsnfy.fre per cent in
one lnoniil. In this extension the Branch has PLAYED
almost as desperate game as those whom il has en-
iouTagcd TO desperate acts The shows that on
nc <d OF April had fallen in debt 10 the other Banks
mGnfe ri S2S 49, and the whole of its specie was but
S<|ot2 Ecsidcs. had Of individual dcpostes payn.
nc on demand Si"c,e0, ami considerable amount of
. circulation in addition
In New VeSSssszn Iade lpia the spirit for gambling
coUraged by ~ IA -. t., f
Wccn increased all -.
;""G al reGced roic RI interest for MTee years. others
Tor SIX months with The understanding that Tic loans are
20 be renewed from nc to time nnti the two years al
owed ior winding up the affairs of the Bank s, I'm W.
APliGd' a letter now before us, written by a valued
't''H tn lh:adclpla. thus speaks of the raInbnr sal
'it how operating there Tie ncwspapers OF PbiI,ds
p'n VIII acqnaint you Of rage Tor speculation so
rilg among us stocks are played with cards or dice
nu since me lottery has been lcgislated out of doors
hey have mAde ample for the came spirit in Grant
! 'ng all sorts of vile Corporations"
Inc Bank fecls necessity for coakinq its desipns
Dcore IL sent The return for the month of March To- t,
treasury Department il sent to New York and had
Pup'shcd There in prints friendly it, the amount of
It's I""hS on The Isl OF april with the amour, at the
PERIOD OF Some former years, for the purpose de-
uding the public and carrying the sion that il had
~ V"'c"uvo MS leans, because they not greater
men IMAM they had been former occasions at the same
season OF the year Wv ~
Notwithstanding these measures of The Bank 10 co.,,
ceai It's vast expansions they have not been permitted in
pass uh'Np"scdi and We believe with effect too The
DdhR' III continuing TO extend during the mast mont!
~ oHni'hueo 20 ic'l necessity cf giving to tie public
something IN cx'cnuation Of its guilty wicked conduct
Ana what has il rcsOrcd to now Who las il selected
TO- De It's aPoiOgist; No less individual than Daniel
! Nrtstcr'-thc Bank real canddg, for the Precedence
me manner IN which this man has undertaken to i'm
Pcse upon The public, and 10 which lie has prosuicd
hnsch To the purposes Of tile Bank we consider as ia
gitous as could be icsoed TO by the most abandoned
ana must forever hereafter think, stamp him with
the rcPfolghOn Of all honest men. We believe SINH,
lar imposition has been attempted in tins or an
oibcr chrsiian country When was il ever before AZ
tempted To pass eff idcas i'm an old speech, And
/ yet such an attempt has Mr. Webster made
IN tc luic!lgcnccr # Saturday, the 9Th mat tbcrc il
givcn MT Wcbstcrs speech made on The 2lh Of Fslr,-
any last, headed Iobc Dfposics-BqHk oc ihe fpied
o"s Which thc cdcrs call The attention of the Peo
/ pie 20, IN the following paragraph:
We published, during The late session of Concrc,s
hasy and imperfect icpoit Of Mr. Websters excellent
speech on The Dcpcsie Bill We arc enabled to.day N,
give much more ful and accurate report of II which
nosdepBg The interest Of the subject ond the character
Ie fPrakcr' Val, lsc as II Is, be acceptable to our
The speech published in the Inelliccpccr Of tl,e
81 oi March. The ono published on Saturday IS the
same ro,iotm with ilc addition Of three ,r poc,,r,n
we believe, at the PARTICULAR request Of the
Sceng INT rs ckarfr is ~ oyyirc and fud;gg ;le,f
| sgBert"g me hosfHtyof GOrorpyiiBf tie B0uk ,rW mn
tDfaHybc '"dccd IN piHd mp It's 0gqTs succcssry opd
IN WnLc Wc mast cnR oy ne interest If the sicrkb0leys.
and nothing soVid oocyr iaterrV1f The eoggfrejgf
S.s.nfSs 81 the country ho Emil mai 0ppyooch the emil
! q as h@Iter 'oh argc awount of trims and Qf 6as
! m circniafoH Until these shai dsapocar and Le re-
placed by "a caua1 md ncv c.,rro,... ,t.. 81