Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1836-03-22
The motion being agreed to- the committee then rose
and
On motion, the House adjourned.

UNirsD STATES BANK DRArrs-Whcn the bank
found impossible few years SINCE to Obtain crcu-
laton Tor Its notes, authorized by the charter in su
cent quantity TO satisfy its avarce it the
pfdint violation of its charter of issuing the cga
branch drafts OF these issued ten millions Of dollars
of the denominations of FIVE ten, and twenty dollars;
and by the constant reissue them at all points the
country was kept flooded with this species vi spurious
/ currency.
MIR. BiddIc, in public speech few DAYS since in
formed the stockholders of the bank that ineri
ted from the old its circulation of twenty-five millions
oil dollars That he intended to include the portion Of
It's circulation of branch drafts there cannot doubt
we have the information from authentic source
that the neto Bank at Philadelphia is paying the
branch drafts of the old Bank This is the manner in
winch part of the inheritance is he derived by palm
ing sPon The community the fictitious paper of AN i'm
sttution which has ceased TO exist The Bank is not
only now issuing the drafts of the old Bank but has
had the cashiers of her old branches employed in the
manufacture OF the same kind of paper for issues.
we have before letter from Cincinnati of the 9th
ultmo which says: Z" Tbs Bank Of The Uned STATES ,cu
hare her sharing shop opened here in about nronth
iher old cashier Peter Bro'on, has been buSy engaged
Jor some time an Filing up their old Liak checks upon
Trh,"adsiphid to Me amount toid Of million.
hese facts show tie wisdom of the egslaqn by which
probably the plans OF the bank will be defeated in the
State OF Ohio.
There be doubt that the plan of the tritcry bank
IN fennsyvana, is to have many agencies located in
other States, the Bank of the United States had
branches Probably Each of these agencies, is
10 be paper mint They all TO be employed in fill
ing up drafts in Philadelphia, for ve aud twenty
dollars which they to endeavor throw circ1
ation, through the medium of the purchases of domestic
exchange These the bank expects will remain in cir
cuiao" and 'orm part of the medium of the country
ami mus the prophesied Inheritance" be acquired
We trust this plan of the bank will be defeated aud
we doubt not will be- 1t will be the interest of every
bank III every State of the Union refuse receive
THIS paper 1t will be perfectly suicidal for the inechan
les and the day laborers receive it, because il will be
but encouraging addition to that redundancy of
per already in circulation, which has advanced the prices
OF all the necessities of life, while the prices of their
Dor remain the same.
There is hardly bank in the Union which will not
ere long, be compelled TO contract its circulation of pa
per; therefore, they all have direct immediate
tcrcs in only preventing this new issue of spurious
trash by the Philadelphia bribery bank its agencies
Out IN forcing home for redempon the paper Of all Sorts
which is still out of the Bank of the United States
The interests OF the banks, the self preservation of all
the producing classes of society demand united op-
POSITION to defeat the plans of the bribery