Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1837-01-12

cure but the contrary produced new diseases worse
than the original Lei oil tina, pass for the present. and
let us look the stale OF things passing before our
eyes Weace enough TO satisfy any ermInded man,
that il is rednndacy and not deficiency OF banking
facilities which his used the evils we are now endur
ing We know that there is too much bank paper atoat
We see the effects OF this redundancy IN the enormous
prices Of every thing, except tobacco we see IL III the
ten thousand SCHEMES and .pccuacns to which It has
given BIRTH And far from improving our county,
or the cundltinn and prospects, at Cur people, e soo
practical Gr"a %! improvement, Will see III MS 'e""'
GEr - payer, and IL Consequences, The hftlintt Pos''
pnnrm I'll Of his chez ,l:S Fer, with the ruvI'
NOUS PRICES {" sa7c.!'b S:a:city ana high prices
of PROVISIONS. and lie multiplicity Of schemes IN io"l,
who can la 10 srr, lia numbers Of po.
pie must cmgrnlr or suii7 Or rs the fashionable pro.
ecs Of The dry must be hshn'i"n'd:
/ repeat, that neither the "aacc planter the far
mer can a,rrd employ hands IN ullIng or improving
our SOIL 81 81 500 each per unnum, the prices which
our Incorporated companies are eager TO g'Fe-some
may say that it would DC best for lis to GAIT tobacco, ana
On 10 raisnr meat and bread. We cannot afford 10 a
That, at The present rates The prices u provisions i!g
as they alr must grow still higher, we can ati"fu
To employ hands ut $50 d"llarS each AND besides,
shall he slow 10 believe that country can ue Drne
fitted By rxravngant prices for The necrsSaes ol NE.
ann not disposed or quail led heorse upon the pre-
seat anonaiou: state Of things But can ten Eou' gen
l!rIc tl, u my section ~ Tie State. II has Increased
the spirit Of emigration. Frnm my heart WISH 'iia'
every l"nJer of you could have attended our negro
hrimgs aud heard the dry remarks "' some o' our w
dusrInus planters and mechanics, When tey 81" S"i'
and Rail read agents giving these enormous iilrs ioi
negroes SAID une ''lhese strange times 10 me
have !abored ilrd and made little money pht I'll b
Use Ia can buy nothing that want win H. ahN
there is Glance hire hand 10 help me IL my
CROP. Said The rAcnsIre culiirAtoF, I'VE can
stand it al his lick. Oar lands are vanrc& II iSa
losing business 10 cl.li:ale them. we Shall nave 10
sell hire OFT our negroes, and quit the grit All"
the poor mechanic, with wife and children, plihTr%
traYA.anl prices for oud: aud unable to procure COO"
hIs la
nothing !rut distress and ruin before him.
FriIow -Cil;zrns ut the LEGISLATURE these are naked
truths And 'ic best That you OF the matter, Is, ha
every thing wI after while. reach lis proper lever
thai things high will con-" down, and those to-
low will rise. True, such would ul maieiy be the case
if far pny the order Of the day But. before thing
have tan" 10 regulate themselves. you, and The bank
begin 10 doctor us. fresh issue Of bank paper may
flood the counlry, another day of settlement may
come between the Banks and their iatlings and tI'
ScrcrS may be pat to lis again.
Throrisc and speculate you please upon the pre-
stale of things, II IS an udIouS and dein"raiIzi9
state Uf things aud the banks aud banking arc ut Ia,
bottom of it, and will you attempt 10 remedy thrs,
evils, by renewing and increasing the cause: roI!
such remedies and such dncl'rs, may The lord derr
u.s. You may plead, that you are gnng Tor The perna
nen Improvement Ut The country, and " ultimate gut
o! The people. But you may may tell that 10 the ma
rss, the planters won brcvt you. IL Is t." plai'
and pa pabr, that you but playing into the bands I"
sChemcrs. stock j"obers and srculaors VIII" are run
any facilities which you may extend IL them, with
wlldnrss and cxlravagancc beyond your munl!cenc"
even il yen could favor l.!"m with millions upon mill
ons OF fictitious capital. The more yOn doctor them
the they need tuctnring. Whilst your banking la
ci!!,irs work kindly they calculate largely and nslsl
million! upon Cities rail-! roads ANA airy castles But It"
rcvuson came, and th-y rgn 10 lament lheif iasi
condition. and cry aloud for 'im@rc facilities!
Gentlemen: Lppk IL tnosr States where banks a:t
banking most abound; whose wealth and spendo9 y"t
cnryng, and whose examples you are called upon L
follow deny that the creation OF banks has been th
o their splendid Improvements. But be that as |
mag Look these States and clues, where banks at
barking most abound and you vii! 10 shnn Thai
TO envy initiate in The c0ndticn f The peopc Up to I
tcpnnc Of prosperity to-day; III the depths {" adversely
tu.nurrow To-day in lcvcrisI cIcItcmcn TO morrow
in deadly collapse: they sensitive to the opera
tons Of the banks: is Tie 10 The breeze. Such IS
aud ever viii BE- the condition u any people, who pm
their faith to banks: and stake their all upon bankn!
oicrati"is conducted upon the principles o our P'eSr
system. We, too, have experienced enough u thes
! tlngs-but not 10 The same extent with the Pe"p
! q! some of sis!er States Hitherto. We have
| been comparatively cautious in the creation CT bank
| and the HISS Of Cur people have, consequently
| been cnmpa:avr y snng and free. Shall we nos
disregard the lessons Of experience. shut our eye
to facts, aud engage in Wild career, which So
bcr.Innded men OF all parties admit, must end IN his
chief: No, grmtirmen you would do no such llrng
il the corrupt and corrUpt.ny SyStcm II LOG
RoI1ISG. Take these banking schemes upon their ow
merits be honestly decided according IL homes
opinions Of their influence upon tbs permanent interest
of tie great body of the people: aud Am sure yon wuu
vote them dom. But scheme is hung upon scheme, an
the fate Of such is made ~ depend "pon going the whole
however extrayagan,: and no matter now rdInous ma
be the ultimate cons, guenccs.
FeI!ow.clzens down with such corrupt combinations
Naught but mischief can grp@ ont Of them. Any sciem
or measure which cannut he sustained without them
ought fall be postponed, until it be carried upo
It's merits. Certain local schemes may claim you
fostering Certain towns now destitute, may Clam
t,Ir
tons OF the people may say amen! to their prayers But
gentlemen, the great body of the people whom yon rep
resent have finger in this system ul tog roi:ng The
do not ask you To ater IL striving to reform the cuEen
cy singe the Stale with corporations: 10 travc
Tie gdy round of former years Of disaslcr to unsetl
the sober business Of the country, and bring upon ll
evils which have been coulieny predicted, tin
fruits OF relying upon cral Lanhs and local bank paper
No. gentlemen; your people ask such things al you
hands. and the Representative who would lrgisate l.
CRAFTY the wild, visionary: schenEg, NOISY JEW regard
less OF the wishes and pernaner! interests OF the lu
manu. deserves, and will in the end, surely receive, tin
lasting condemnation Of the o! the people, both IL
town and country MATTER q FACE