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

SUCH state OF things to vucc.cf opposition may
be falh-pt vain or no voice shall Ue raised in Ia
ror OF The rights aud interests of the great body of the
people, against the idle theories and wild schemes of the
spectators and stock inbbcrs
Gentlemen. is there amongst you. who will
come ont b"ldy and irariessy. ard expose the danger
ons cn'rncirs of our paper system; Is there man
amongst you. who will resist with The spirit Of Virgil
man, tie oil repeated SANDER that in the :rl!c of .i-
pEorc''n mt, prosperity and happiness, behind Tie
people OF sister STATES. ad that ". The T hauk?
it't' rs neither truth c.'T rr"s'u in II, The grra "CF
OF li;r people tt Virginia. III spite I'll lie dsa,i2anta,.
o III! Impoverished :r IN si" o! fAlravaG9n azI-
and iapoy :Gr;.rr. happy, prosperous and
as independent, a!2 thr people OF sister Stair.
S!artr not. gentlemen. We have permitted THIS saur
10 become current. without looking to facts. The sp.;n
dor OF Northern palaces tie wealth of corporations The
hustle of their rail roads the fleets Of their harbofs and
tic cclat 1, their millions have tickPd cur fucirs ard
blinded our Judgments. We arc ookns upon aLlr:r:ng
and cnyyirg the wealth and sFlendour Of The farn5td
ic, losing sight Of the oiling m0Ry Go t!ic pulls
SIZE the vctprs-Enq:iire into their cnndilions-and my
life upoa it, will find that the great body Ct Tie pro.
p!, OF Virginia intelligent, live well and us app-
~ as our irlIow-czens OF other States.
1t is rot he Fcoc who crying out for more banks
The farmers ard pian:ershc great Of agrcultu-
rs!s and mrchanics who live by their industry,
quietly pursuing their daily Yocaons and have raught,
BIZ! !tc DO i'll getting up the prayers and petitions
which are crowdlng III upoa you No: IL is noisy,
schcung It,c consisting iii The main, Of those who are
GY WIS., cut ui Tile OF oilers:
who knocking at your DOORS dizlug eyes
with airy castles and seeking TO convince yuI that their
voice is The OF the people: and their ain the poo.
pie good Gentlemen. are you the representatives, n!
Inc great hody "f the people OF Virginia. you the
servants SPECTATORS scecrs and stock ubcrs alone:
II The lo.luCr, hos y~u listen with comp acency To
the theories Of tie latter when experience is against
tle.ll--vca VIXEN you have the testimony Of their own
predictions against ihrm; lou have not forgotten Tue
startling picture WHICH, but yesterday, they drew OF the
evils and disasters al currency ssuc ana cGnoru ny
local banks You caDnut close your eyes TO HE ac lla'
our present paper system is aIready swollen a''S. ~
the bursting po:t. What tut reckless osFeS"'" "a
facts can i.ducc any a set OF men. 10 com" s'avry
before YOU and proc lain that there is Gr,crncy !" it-
tinus ca,,ai: The evidences ri lis rcdu"da' &C arc
rlan and ap2hlc The cv: sequences oil '!IiS i'-
duntaucy ne less plain ard pa at!c AnG H.i'cS
vou are determined to turn deaf car 10 the ad'"n';S
vi experience, to disregard the rights and Interests q" te
,ngky and pursue the visions Of the schemng JcT you
will good earnest SGT about reornin, Instead .! OK
/ tending our banking system
ave sYust have more banking capital, say Rchrnond.
Norfolk, Petersburg and LynchLurE aud every !'liic
village repeats The cry. They pretend to hS decayinG
and diving for want cf fictitious capital. They cannot
cpnitte with The North for Of it. They cannot
CONSTRUCT, their rail roads Tor want ct il when The fact
is notorious, that owing 20 The Redundancy q" fictitious
capitaI-owinT 10 tEc enormous Issues CT bank paper,
and the thousand schemes 10 which it has given birth.
every :hng except cur tobacco is selling at lie highest
prices. Aud such is HE demand for labor upon canals,
aroads. ana other Improvements, that the planter must
abandon his vocation. and hire his hands do Z
losing business. " hat planter afford 10 cmp":
hands al $!3p 10 1JG each per Gnnum, the prices no"
eagerly offered 10y railroad companies: What, bu,
The OF paper system, has produced this
! anouainIis state Of things: And what but madness
would seek remedy in pushing That system 10 further
extremes:
BIZ. they must not only have more banking capital;
they must have iad,pendcm banks. Why Richmond
and the mother banks there have too mack p0Ter or"r
the branches and The towns in which they ATE located
Too hacA porcr! Yes Petersburg Lynchburg and Nor
folk all have banking facilities; and yet, they more
cauoIous even, than towns which have none: Must
have irdpendcm banks to counlcract the undue power
O! Rc!m1nd and lis banks And yet Benton, aud the
honest country people, branded humbuggers, de-
nag"!t&. and aururIans Tor talking about Tie undue
pow,r OF banks and cities.
Depend upon il, gentlemen you are gong The wrong.
way arrest the tc OF emigration, and lenoy2ie The
Old Dominion You are bu!tlcning tle bone and ancw
of the land By yn thousand Schemes. You giving
IT, these who would live by schcm!ug and stock jnblns
the mastery those who live by the sweat ci Their
brows The Of the honest planter has but poor
cpuragrlncnt TO inIow the plough, when he sees that
prosperity and wealth are the rewards Of gambling IN
stocks and pro- ecng schemes rather than OF economy
lrugality, and industry If you would really promote
The permanent interests Of the great body OF the people
curb lie Of paper system, cut oil HE CIR
culalon u: all foreign baak notes under twenty dollars
and. II yuu do anything with our present banks, come
them gradually. u discontinue the issue OF small notes
The security Of tic people demands it-sha! Tie GU
pdity u The bankers prevent it:
MATTER O. FACT.