Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1836-07-05
POLITICAL.
TIFF GOLD CURRENCY.


rh -. ., rcoulate the depositcs Of the public money,
contains most important provision for supplying the
mint and the branch mints with metals lot coming
The President by provso 10 The l2th secuon OF the
act is authorized to make transfers Without 'a''H VI
amount from the depose banks, for thss purpose; and
henceforh so long Presidents friendly TO the gold cur
renew shall fill the chair, there Will DC no dehcicncy IN
the mint for carrying OH It's operations. inc MINT al
Philadelphia can easily coin million month, w'tnout
tnnu The silver coinage the branch at New Orleans
will be able to do the same ard Tie two branches IN
seorpia and North Carolina thougE'on smaller SCALE
vet having nothing to do with The silver conage VIII
doubtless be able coin two or three millions eac per
annum Under the important provision winch hasposs.
ed all these mnng establishments may bekept IN full
operation and thirty millions Of gold coined in year
To keen themselves fully Supplied, the ntlnts VIII not
only be kept in funds 10 purchase ali The foreign CONS
which are imported and all The imperfect coins OF our
nn which result from wear and tear, and from the dep
relations Of clippers sweaters and heIs ind also all the
bullion from own mines, but they "il also bc able
10 import gold from England Holland, and France, es-
peciay when the exchanges are in our favor, as they
now are and have been tor months. Assuming the
pacity of mints then to be equal to the coinage OF
thirty millions per annun what glorious opportunity
has been lost of converting our surplus into gold during
The present year But while thirty srlllions may he
The maximum product OF the mint it Wifi he sufficient
,lat the actual product shall be the halt of that
amount TO give much gold currency as silver
currency in the brief space OF three years from lie third
of March next Tor ny that Tune tIes'acnt Jackson
will have secured nearly twenty millions For The re.
nainder of his term the public will rest assured that the
important power contded to him by the provlso to The
18th section of the deposile act will not be dead let.
ter. He will cause the supplies to be furnishes and an
intimate acquaintance with Mr. Van Buren, enables US to
say that he will 40 likewise, If elected President,
we have no doubt that he will be. Besides The advan
age to the community in quickly supplying them with
god currency, which results from this new power con-
erred on the President, there will be great advantage
to the gold miners, 10 the emf grants who br.ng foreign
coin or bullion the county, to all the importers oil gold
and 10 all the dcpostors of at the mint they VIII all be
able to escape the cxacons Of brokers' by going directly
to The minis and obtaining upon te spot the tull value
of their foreign coin bullion III ready coined Anert-
can We g9 Congratulate the country upon this
in the gold currency. The great moves forward,
step ut a time, and must finally triumph all the
efforts of the United States Bank FcderaIss to ruin IT,
Gold will yet be what our Constitution intended It to be,
national currency! 1t is now in use 10 great extent
10 supply travellers and 10 all of complaint
for want Of good money to travel on. To the honor OF
the present Administration let it lie repeated and Temcn
bered that the last session and the present for
the first time in thirty years Congress and the whole
civil list ARE PAID IN GOLD. Hate it as they may;
drive away gold, that they may have an argument in ia
yor of restoring U. S. Bank notes; STILL sey no Ion
ger deny the fact that under President Jacksons Adm
nstraton, all Congress and the civil list are paid in
gold that all travellers get gold for their expenses
and that soldiers and pensioners are receiving part of
their pay in gold. Let the people then be Of good heart
and stick to the contest for the Feds will fight gold for
many years conc; let the people stick TO the contest
and staEd BY the and measures which promote god
and their triumph will be complete and certain
1t is worthy Of record and should be well rcmenabercd
that this invaluable clause for supplying the mint with
metal for coming and thereby promoting the hard mo
ncy currency. silver we'll gold, strenuousy re-
sisted by the United States Bank Feds in the Srnate
and that the VOTE which taken by yeas and nays,
was very nearly complete party vote.
"The question then taken the first proposition
in Mr. Benlons motion authorizing transfers 10 the mint,
for the purpose of supplying metal for coming, and it
was decided in the Acknowledgements %, nays H. fol-
lows:
" Feas-Nlcssrs. Benton, Black, Brown, Buchanan,
Cuthbert, Ewing Of illinois, Grundy Hendricks King
of Alabama, King Of Georgia, Knight Morris, Niles,
Page Rives, Robinson, Kuggies, shepley, Tallmadge,
Walker, White, and Wrght-22.
".Nays-Messrs. Calhoun, Clay, Cri.tenden, Ewing
of Ohio, Godsborough, Kent Leigh, Nlangum, Moore,
Naudain, Nicholas, Porter, Prentiss Preston Robbins
Swift, and Webster-l7." [GtoJe