Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1837-01-03

We cannot 60 he 'sh'ls with The following eloquent
appeal from one Of The best writers and irnes RerubI
cais IN Virginia We regret 18th him lie cXcesses into
whIch mamy @! the States running. We even
willing 10 give han all the benefit of the following Sum
mary from the ~ Y. Evening Post
"a, I VIEW I, Of tho
-! 5! li's',.loo Iay,3oo.@3o eI,sSo'o;o
r'.os.y.. IL, s2,seo,o2o ;7a,sooooo Iss3o. Q.
"!!si' vi be- srea in six ycs, expansion
-, "'rcd" car rro cTcul.iin; Medium while for
pi'c.'a' sn?py otbnn> facilities
.,It0 ,tios overwhelming facts, the United States,
WIN n'.o" AM rad" progressing Tor years past in ratio o
nor y per cn ard requiring only corresponding
toA To- former equal 10 io cent sa :" the latter 100
ie!st it, tic history oitrldc aai ha:tirs.''
BC: what is the conclusion which ought 10 dawfrom
t!cs" facts: To deny the States the establishment of
any ba"k$: No-brt 10 establish them only, with such
capitals and under such restrictions may prevent
tie "tSc-Ant if other States a5GSe their powers, does
!; !"ow that Virginia is to abuse hers? TIE very at
Tempt on their part, to food with small notes, and
deprecated currency. shows only the necessity OF hay
iH@ sound, solid, and wcll-reguated currency Of
our ""n--N hat wr would recommend is rcaouable,
noGe'ae. guarded addition to banking capital in Viz
sh'a not rlgh or ten millions more but about half that
a'oG'it-Ant v" - III agree with Correspondent,
mat we would !ncId:c in ali failure charters, the ssu-
ing Of small notes. We would Danish as soon as we
c1ut all mates under =: from CT rcuatou he they from
our ""n banks or iro other States Not bank should
DC csas!shed hereafter which was not limited lo e
hUtpS and iic privilege allowed 10 The Legislature
!" ''t''ct!I hereafter. ali notes under $50 We would
extend The same provision the cxislinG banks nc soon
"S "'t' CHARTERS would permit 1t Mr. Rves resolution
Fclas' 'l,'se ne" institutions would have an ADVANTAGE
Vri lie o,lic!$aS their notes alone womb In. rc.;.J
~ yhrnt Of tie pa5lic dacs-Wc are auxious Cha,
Vagina should begin the $40 system. Other STATES
may iiiatr our example; the crcu!a,,r medium Of tho
III H''S w"u!' h'G"'r PuEer and more subs;aatal-and
d" PFettHt may Be renewed for re clnrtering another
Jana OF the 1. 5. But If Virginia gocs on rs The hrr
states are doug; # we The same round that was
done in lol2hcn the predictions Of cur CORRESPONDENTS
VIII ne real2Sd and doomed 10 witness another
"lgge between the Monster aud the Constitution of
our e"'ntry.Fnr one we co not hesitate To avow ih,
,, not add another dollar to the BANKING captal
, u' e'uP"ng with il the 10 and 20 dollar note svs
, n';,,. he,t"cFS # TIE General 3sse.nhly:
ar.oJ ~; 80 me House of Delegates have apain
reported IN iavor OF INCREASING the H5ntn ssa.
the Stale Those who Ssye SO conGJn,,,s o"p!'i o'
t!ia the currency was TO be ieucrcd nn.,y, .vH'.u'
sound by the creation of local banAs and who '' u
tanned that nothing but .futiOnat Boak could " ~.
l!on disaster and run advocating the crra,;
OF !oca! banks. il determined TO bring abou. the full
I'',.nt of their evil predictions. Many Of those who
profess 10 be hard money men, and enemies 10 all banks
nave l"ded their arms conten!cd 10 float with the
ieh 10 let the scencrs work out their ruin and
see cur paEpered paper system bloat ill it burst
IT" 'hnk, that that is the only mode in which we can
ever get rid of it. The National bank nan secretly but
.ghIuenly, relics upon the plan 10 rebuild the
torg BANK or create another like it, regardless Of
49,! INJURY winch the community may suffer by the
pss'teh Those who would reform the currency, who
guard The interests Of the people against The un-
we power OF banks who 90 against any and every Ma.
IsnE oank' who would do violence to our present
,DaI out would rather foster and protect them, and
d use OF them in etecng the desired reform seem
.ouFased and disposed to surrender whilst they sim
If h splofe the evils which, soon or late must ensue
'"ehnes IN agitation be consumnated. Amidst