Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1836-04-29

$50, lao do IN gold and SOS OOS in silver the aggre
gate Tor the two years being 99o l0 say thirteen
millions.
The whole coinage for forty years is shown in MIR.
Giets most excellent report, from which these details
TAKEN be SCI SIG $50 of which thirteen millions
Is more than the fifth part that in two years of
Jocksons Administration the coinage has been nearly
i've times greater than during the average period Of all
the other Presidents put together Let the people reflect
upon this when they hear the specie currency rdculed
President Jackson has yet about aud half months
to serve. and if his policy is backed by legislative
sucs, and the machinery of the Mint at Philadelphia is
quickly improved aud the branch minis got into opera
ton by the first OF January next aud the minis duly
supplied there be coined before he goes out of Office
about thirty millions of dollars, half much has
been coined from 1898 TO 1895; being the forty years that
the Mint has been IN operation.
A. Mr.. henons propositions for requiring the Depo-
site Banks to come into the policy of suppessng the
small note currency, and promoting the circulation Of
gold.
The following his propositions, heretofore print
ed under the Congressional head
Mr.. Benton submitted the following amendment 10
the bill to regulate the Deposes of the public monies
and moved that be printed for the Information Of the
Senate; which motion agreed 10:
Sec. -. Ind be az further enaeied, That no bank
shah hereafter be employed continued depository
of The moneys of the United States or of the Post OF
fee, which shall not, by authentic act filed with the
Secretary Of the Treasury before the meet
ing of Congress- agree to the following and condi
tons:
First To proceed in good faith, and MS speedily as
possible 10 make its specie capital consist Of gold and
SILVER aud as nearly as may be- of equal proportions of
each
Second To pay the demands of the u States and of
the Post Office Department in gold and silver; the pro-
portion of gold be large us the bank i'm rood faith
pay, until the third day of March, in the year 1888
from and after which time the proportion be paid shall
be one half in either con at the option of the demand
7A,d. 10 pay ali The notes or paper Currency Issu
ed or put in circulation by it, in gold silver the OPP
ton oil The demander, from and after the third day of
March 1917, being for one half Of either and of the
bank for the other half
:" Fourth To discontinue tho use and circulation of
all paper currency of less denomination than twenty
dollars, as follows: less than five dollars Immediately;
less than ten dollars from and after the third day Of
March, 1887 less than twenty dollars from and after the
third day OF March, in the year 1885,
o. MIR. Benton's bill for re-esabishing the currency
OF the Constitution for the Federal Governnent-No.
ice Tor the introduction of this bill given on Thurs
days and from what could be understood its provisions
IT seemed that the author proposed to take the twenty
dollar limit which has become law as his starting non
aud to cut OFT different denominations of bank notes
gradually and periodically, until the act of 1889 can he
reestobished and nothing but gold and silver be re-
ceivabe or payable account of the United States or
the Post Office. -
G. The select committee of the House of Representa-
ves the recharter the District banks of Which NJ
Thomas OF Maryland is Charman-Ths committee is
known 10 be highly favorable a metallic currency
ana 1t is believed that they will report provisions to n
courage GOLD and discourage small paper The temper
OF Congress is evidently the way and as for PRO
sldent JACKSON his sentiments well known esne
ciay since his famous hard money at Nash vile
some years ago, and which hit the Bank gentry as
plump IN the forehead the Union hit the Null
ers at the Jefferson dinner This committee and lis la
oofs then, may be looked upon of the most inn
Portan currency operations of the session for although
noininaliy charged with the banking Of District vet
hat District The seat OF Government and the banks
chartered for may become the standard for all depos
banks and .he model for all State banks; and thus
great reorm be indirectly effected upon the whole bank
ing system of the Union.
In conclusion, we have TO congratulate the country
upon the effect already produced upon the public mind
on the subject OF currency and also the currency IT,
se Ihe public mind has never, since the pa per times
OF the Revolution, been wide awake and as iIsilv
Jealous of the evils of the paper system as at present
the hard money currency has never before been ms
me in hiriv 70,
gress Is paid in gold 1t has been paid Tor two ses-
slons Every member can have his whole pay and
to command money IT, then, any member should
be seen working off deprecated paper he travels home
a 'ne people look to ~ and perhaps they will sec that lie
mas Pee"ntary passion 10 grafy well pOliticaL
paper Globe
oPPosrTioN TAcTIcs.-The National (Bank) Gazette
by way OF throwing discredt upon the majority in Con
Congress has boon between in session and
is that the salaries due April been PAID to
In the moan time ' the GoyeIanen who
sss. take better eSrs OF the@oses, and ds" Pay
Does the honest editor of the Gazette desire TO know
where The blame OF this delay should attach? Let him
ook INTO the daily account of the dongs of Congress
and he viii lind the proceedings filled with dilaory mo-
tons-speeches, of four days DURATION made upon an
amendment TO defeat ordinary appropriation and SIM
ported by only six votes after consuming y-eight day
IN the discussion He will find these things done Nv
his ow friends BY Bell Wise, Graves id 0,ane genS
verng this upon the public business this pervcrsion
Of the rule which denies the application of the previous
question In committee of tho whole arrest interinn
Die discussion IL is TO enable Walsh and his brethren
TO bring disgrace the representative body of the demo-
cracy and IN the end government itself
ne immediate object however is prev the oo
OF the appropriation bs-to swell the amount i'm the
lIeasuryio hold out great temptation to set to work
The logollng and corrupt politicians the State Ieqis
aturcs TO watch the distribution of the money collected
by the GENERAL Government among the States popular
so tat these politicians may get hold of and appro
pirate TO their own selfish purposes 1t is also the de-
sign Of those who have clogged the appropriation bills
10 Keep Tue public money out of clrcuation-to make
a pressure in the money markeL-to set their CITY
friends bowling TO make another panic-and Law ali
Their dstresses to the depose banks using them of
boarding what they will not permit them pay out-U
III ELL TAVERN.-!The Subscribers beo leave to in
~ ~ form their country friends the public general
~ that they have taken this well known establishment
and viii, on the first day of April be ready TO receive
all thosc who may be kind enough to honor with their
custom The house has, but short time since rome
through thorough repair; in addition to which, we sail
continue 10 make such improvements as will be neees
sary iOi the better accommodation of our Gu sofes
we pledge ourselves TO the most ndefatiuabIe *.
etons to render visitors comfortable and agreeable
az We mean TO keep none but the best servants Orr
Table shall be supplied with the best of every thing that
can be procured IN market-Our Bar, with the most
choice Liquorsand Stable with good and attentive
Osters and every variety of grain and forage that is
used at any other similar establishment We have both
served ongapPrcnticeshp at business the first nav
ing lived in the Eagle Hotel for the last We or six wears
and The latter at the Bell Tavern four years durn tie
lie OF Mrs keso, and from that time To the present
mas continued IN The same business The public may
rest assured uat pains expense the part Of Ell
II, a. We lr4ffa f.of.s,