Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1836-02-27

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And them on motion Of Mr. Harris the merling ai
I journcd Il. NJ. GAINES, Charmnn.
JSo. RI. MALLORY, S'crctary
The election Of Mcl{avcn Jackson Van BUREN, givrs
the Democratic party majority III the Senate vi Ms!
sissppi.
81 Tic Country eIpcrts errry Man to dO his duty "
The Globe llsIes with great Justice and Sevrritra
Boosting article Of the National Gazre on the rcsusca
ton Of The u. S. Bank. Wlmt else told (slys
the Glob,) by this arrogant, aiItcnus arsocat u" tie
Bank OF CORRUPTION; Why, That, in less Than Il year
hence those mh0 conscirmio"Sy Opp"srd !OH.
ough ey uuy lie quite cOnscientOusy Vpp"stG tOM:
Bank as Mcg nae arc, WILL NOT DARE TO Wills.
PER a SYLLABLE AGAINST l'r!!'-lias il co~:e
to this Is the whole Democracy Of III" country 10 BE-
thus threatened by ore nancy po"er o" tie rfrgb'
day Of riscnc? IS tic reign C terror near 81 @"l
that It man cW not 'd"re To nhiSpfr Th"t he THINKS
aJout eOryor9ton Of toreign notItS anal domS urs
t0crats established MrOngh c0rrupfioa' GOD FORBID!
The people told, nint IN less an gear, THOSE
WHO ARE CoSSCIESTiUuSLY OPPOSED TO THE BA>K,
WILL DARE TO WHISPER SYLLABLE AGAINST H.
Ii this does not awaken the Democracy If the county,
then shall believe that have studied their cha
ractcr 10 but little PURPOSE that we have put false rS
innate upon their disposition 10 protect their rights. and
preserve their liberties. For ourselves are reso!rrG
will stand lriumphanlly defending our liberties,
fall with the loss OF thcG'. We call upon those whI
fee! As r aud tho ready 10 act upon the
principles, to unite under the banner. II there
in the Democratic ranks. those who are ope
rated upon by tmid who vii! not SIT 1t drilncc cpr
ing their liberties, say leave usgo 10 TIC enemy at
once. We want in ranks, but such as are
ready take their posts and stand by them. This
time for parring The Democracy OF the country ca
poets that every true Democrat will do his duty. Aid
what say yc Citizens of virginia. win this "unterri-
fled Commonwealth" submit 10 this powerful AloIstrt
B.irKS.
The Bank Committee reported TO thr House Of Dele
gates Thursday last BIZ! Increasing the banking
Capital Of this Commonwealth. The following Is Il
L., IN
large il
|. nrw (or ;'d) Bank in Rehmond, capital S2Ol5GoO
Out Of winch, il is bound To establish
Branch, lst at rursmout with proper.
Tomato capital Of SG3!0GO, and I'd Branch
at Falmouth, with proportionac capital
OF $500 900.
II. a Bank at N"rjoik, capital ..:....... $4,000
Out of which, il shall establish Branch at
Carksv.lIr. Mrcklenburg county, with
propoitionac aptal Of S2DDOU0
III. 4 Bank in PcierSburg, capital ....... 73OOUO
Out of which, ii shall establish Branch at
FarmvilIr. Prince Edward with capital
Of $2o0,OO0, or $4,000, at the option OF
the parent Bank.
". a Bank in Lyurh6nrg capital ......... e3UOGO
Out Of which, 1t shall establish Bank at
Abingdon, Washington county, with ca.
pital vi $20O,O0O
v The present /" Bank Of Virginia To be
empowered TO add to its present capital d1ONO
era be distributed among itself and lis pre-
sent Branches in certain specified propor-
tIonS)
vi. The present "Farners Bark Of Virgil
nia'-To add to It's capital .............. !71CUo
Gro be distributed in certain proportions be-
tween itself and present Branches)
VII. The present North Western Bank
To add TO its capital ................... 100000
(To be distributed in certain proportions be-
tween herling and Wcllshurg.
VIII. The present 50 Bank Of the Valley
To add to its capital, NEUTRALITY-SUSPICIOUS.. 1GO,nOO
TO be distributed certain proportions,
between the Parent Bank at inchesler,
and lis Branches at Ronney, in llamp-
SHIRE Charrslown, in Jefferson and Lees
burg. in Loudoun.-.isO, "cstabllsli new
Branch at SauntOn, in Augusta, with
capital Of S2lU.000
TX. 1.-The Merchants and Mechanics Bank
of hccling increase their capital by $4,000
('ro be distributed in certain proportions,
between Wheeling and Morganlown, in
Monongaia)
SG,GG0UEO
Tie BonuS to be paid the State the capita Of the
New Banks and the increment on the Old Banks, out ii
each scin-annua dividend, is u sum equal to lctl Of
per centum-to be paid by creating additional stock in
the name Of the Commonwealth, for the benefit Of tie
Fund for Internal Improvement.
The term OF the Old Banks to he extended TO pr
lc3Gto which period also the New Banks are to be
tended.
The Legislature 10 i,srfiu power provide
by law, that the Banks of this Commonwealth shall Is.
notes of smaller denomination than $40
There is n provision yet TO interdIc the reclartcrd
Bank Of the United States any other Bank, from
tablishing Branches .igenciCS within the jurisdiction
of Virginia.
We about to this enormous and in.
Simultaneous increase of Banks and Banking Capital
when the following Communication put into our
hands. We subjon ii without note continent A
sonable addition 10 the Banking Capital OF the State,
certain conditions, particularly, reducing the size of the
notes } may be desrablcbu proposition to double tie
Banking Capital of the State, at one blow, is calculated
make every rejecting pause. So large and sud-
den addition neither be necessary expcdIcn
For Heaven $ sake, pause
TO TIE FARMERS OF VIRGINIA.
Gentleman You are, with your children, your slaves,
your lands and trncents offered in the market 10 the
money changers Not /" the money changers Of W.
gnia for they have not the means I" pay what you are
up al by the auctionccr Mo- You to 30 into Tie
English aud Dutch markets. II is said the p:Icr asEd
is about millions Of doarS-a good round piice to-"
but have doubt if you could DC consulted, double
the amount wonld not buy you.
Mark whal is going to the North and the South
Look To the danger into which you about to be en-
quilted Pennsyl vania has rc.charterrd the L 5 Bank
with capital of Miyty.fre millions: New-foik has al
ready determined to enlarge seven Millions and Is con,
sdcrng of the pruprry OF increasing her bank caP'4'
many mllns GDr. S. vcral other Northern STATES ave
increasing theirs also In the South Louisiana Aa1a'
ma, and several Others, running up thcir bank caI
tai far beyond the necessities Of the country AN
merely to be in fashion, is proposed that bank cap
| tai shall be nearly doubled
What moral or physical necessities now exist for ms
flood OF capital: and galaxy Of independent State banks
Is in the recollection Of every body, tina, the oily
,onuued WhI orators sounded in that safely
alone existed under the wings Of National Bank lHa'
the State Backs were pests 10 Sood sotidy? That no
scniit,nau could leave his county State without l.
S. Bank notes That as tia, nrss, Fo'icat a"'
rutuous institution should be- put down by the gn0r0m
OF the ruyor mu'timde, in obtdtrncc to the r'nHtfr
lice of the Did Tgrnnt, country would be- ooded ~"
spurious local Lank p0pcr, Jonndrd on tadtouS ap
taI which must L0r up, and another .NnttonGl Gd"'
must be ehartercd' Have you forgotten this: or nv
you become dead to every consideration OF pubic 'N
and general security: VIII you lay down you.
10 tla