Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-07-31
VOLUME GXXy.--acNo. ga.

our merchants cnuh not pa, the rrv-nr bonds Given
hf'rr The catasirphri AMI Of the gurIlc money on
irpose all had been used winch !in, H. LEGALITY could
N ,dde ayars5r Tie banks lpr had SUSPENDED pnv
throughout, The cosrry ard NIL % rrve
me oil alike from tie Government ard iIcm
It's debtors.
Ia ibis state OF hings, Congress- \: The spsca:
snn ordered issue al Treasury mfrs r"Gremgbe in
twelve months, and IN the r:mc receivable in pay
mcnl" t public dues ] then preferred he bill in that
io. and, under The circumstances then existing, should
certainty have hat preference sill'
FIRST because 1t the only means by which the
Government conid make lis credit available. Loan
coal az. have brrn negotiated on any terms certainly
In,r Cor there 80 money dsprsa5ly in
kattVe the isgrscrd currency OF the banks; abroad
beC~ uSe-4'f iiI- pr"hlblnry rate "r exchange.
! ANA s-c"Idiy. because iais d:raccd currency not
being receivable By Government. Vt nnrnyzcn alike
IN rcrIynI paying a "rbs: and Treasury notes
cryabls furnished 4 medium ipr h0N.
Ey this ircpiylbi'y Government obi gated tn
tire these r"Idr"crs OF debt as lsi they present
ed hriotr the er"t expired, and It has resulted
~ pF2ri'"r That ;hry Hnrrd back Gp"n the Treasury
faster than the acCr:ln9 rey"nun could absorb them
Knowing we'll Iila t,r rrvr"n" was y't IN lar on IN
ir":rd c"n6 t"n r ct r '6:"En'iCE cSprnt!ilurf,
and provide Tor this debt flowed IN the committee.
IN der report. have earnestly demonstrated against
ltk" provision IL the We"
Thar such 49, f,c'. condition, have only re-.
TT he letter # ' c:riatY &c the Treasury accom-.
pan iu the PrrS.Gsuts iu !hiS House the
I0rG cy Of Hrs m"nih, in whcn he says tia, during
present irar the revenue las been paid ~ Treasury
nnI.. To- cx"nt that nny about i""rih al mil
ho" has 0"r' frsrI7'" :' 1t ~ w'"g - ~ u 7Sst
~ a. ."har thu rIpt :i'UCrS These last
i'h- xprndue- ""m an average. ha"" b'rn over Two
m!lrlus mrnlu!y and IN i pT'l neatly three millions
ARA y''. m""1L" "c'8 h"'"i'"S'aho''I ms fc"'n'
S'ra'' atE 10" s"'''&'"y rr'3'h. on Nhch E's'eu'
NE S''"h'tp'' ~ "'" snort month"; C's''SH 'fPir ""h
"''cti"hS' rrh'ih'' 'PiF own arguments ana come
hr!. 1t bound. tn ts v"rr position recently
a'""I'""' we "" no.? "'-'h ny 'h'N ",' 10 90 w"
:, lL DaI ha.
u !" themselves 'S"'"'"''N "'' '"' S"'' ''''' 'e
/ wy, , ,i =,
" T. IN ""J NV" '"' ","' ~" 't"'' '',T
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'''iH'- '' ""' - as VS. ,'i.' ' cum
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h,. L.yn nnkpd rpnn rather ,, the alternative Of an
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