Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-02-24

confidence They neither discount issnc heir Bills
now They could lot, Tie worst hypothesis be in
! more useless condNon Gt!er 'esuh'"sTw they
might, and in Judgment, most nssursdy ~onIa, he
| in much better condition Can ih"re b" doubt i:isn
that they should speedily announce Their purpose 10
sumo:
THE YEXED QUESTION.
The Sub.Treasury gentlemen al washington Al" still
nrcssup on their bill No AFFECTIONS: no arguments no
convulion Of The pubic sentiment c"n dlre' them ifUm
the prosecution Of this great ANA fearful lnnoVa;ion
The augmentation of The ESecuii"e power ls much too
treat already and what destined 10 increase
| every day with the natural growth OF our extensive
county md The multiplication If pubic oiE:e!s 1t is
the Executive branch n the government whose powers
Mr. Madison, in his leYidus, painted: more than 0;ty
wears ago. great oad growing IN such sr"ng co:o!s
The pubic revenues would be jeop.rGzed III The BANDS
Of Sub Trensurcs uc! more than III the selected banks
in special deposte These and other strong objections
operate against the systemand certainly at This period
when we should avoid all Sudden and violent transitions,
and facilitate the resumption Of specie payments
should take how adopt any rash and rapid Inno
valions. The country can have no adequate ierf until
the banks resume no measure which is calculated To-
give the proper degree Of credit and confidence 10 those
| solvent institutions ought TO be withheld
But the strong objections TO The Bill are strkngy put
forth in the following resolutions of the Injecting n ;Bc
! Democratic citizens Of the city and county OF Phatel
phia friends of the National Administration bat opposed
TO the Sub.Treasury bill now before Congress 1t was
held in the County Court house, last Monaag
ing, and The Philadelphia Sentinel says, it was nume
rousiy and respectfully attended. " General ROBERT
PATTERSON presided assisted BY number Of Vice Pre-
sdcnts among whom we recognised The names OF the
tovr other electors residing IN The cy and c0uy 81 RE
ladcvha acho 1sih him. r0cd for .HafhR Yam buren,
President at the last Presidential Election
General Wallace Of Fauquier also remarks in his Aa.
dress in this days paper, that two OF the Van Buren,
Electors in his part OF The State, NessEs. John Gibson
and lnman lorner, arc equally opposed 70 the SUB
Treasury bill.
The Sentinel also staes tina, ia large and respectable
meeting Of the friends Of the late aud existing Admins.
,raons of the United States, opposed TO The SubTrea.
sury bill now before Congress, was held at PiIlsbuig,
- the ilh nst which strong Resolutions were pass.
ed against its passage Among 'he reasons OF le,. oP
posiiion are that it will greatly 7euJd, not atoge-
er dcfeat the resumption Of specie payments by tie
solvent banks of the country; and that 1T must result
in the dsunon and destruction oil The great democratic
rar,y which has so successfully administered the ahalfs
of the nation for the last forty years aud place lhe 10
ycrnmcnt in the hands Of Others
The \ York Journal Of Commerce and Star also stale,
that dePualion OF respectable and ihNneh'al genue
men. friends of Mr. Van Baren, have gone from New
York to Washington "tor the purpose OF recommending
that Mr.. Wrighls bill should be dropped - we 90 not
vouch for this statement, bus we do adopt the general
positions which taken IN the following Resolutions:
GREAT DEMOCRATIC MEETING.
Cry AND CouYrr.
arreeably 10 public notice, unusually large and
respectable meeting oil the Democracy Of The CITY and
county of Philadelphia (FniESyLr TO THE GENERAL
GuvrnYMEST AND OPPOSED TO TIE S:B IREAsrRY BEL,
as introduced into the Senate of the United States by
the Hon SIlas Wrighl assembled at The Court h"aSr,
corner of Sixth and Ccsnnt streets Monday evening,
February ly,l. The MT ctrg was called to order and
the following gentlemen nominated officers ot Tie
meeting: Gen ROBERT IA lEnsoN,
riec Presidents Thomas D. Grover, Richard Mac
KEY Houston Smith John Floyd, Jr., Hugh Gather
wood, Alex McCarahrr, Peter Hay, j. NJ. Linnard, YIN.
Stephens, Joseph Burden, Samuel badger, T. W. Rlch.
ards Jas Fearon Alex. hicClnrg, John Nag!ce, Jas.
Goodman, Morton Nj Michael.
Secretaries Gen. John ID. GOODWIN, John OakicTd,
A. c. Walters, Jno. w. NJ GIGth.
':1hc meeting being organised. was addressed in for
chile aud eloquent manner by Joseph Patterson Esq,
who submitted the following preamble and resolutions,
which were unanimously approved:
"W!creas it is admitted and generally felt by all class.
es of our citizens and especially by the industrious and
active mechanic, artisan and DEALER that an unusual and
most oppressive embarrassment and distress has taen
upon the community and n,ericrcd with the regular bu.
sincss and industry Of the country and is continued by
the present dsordered condition OF the currency and The
public finances; and
GAS the Democratic citizens Of lie city and county OF
Philadelphia, in with their political brethren
throughout the State and Cnion believe il 10 be The duty
of the General Government TO adopt las far
is practicable and consuonaD calculated 10 relieve the
people from the evils with which they have been ailIc
ed, and avert those yet threatening them; and
"As every recommendation Of the Executive OF the
General Government this sub ect has invited for 1t
the calm and dispasona,e inquiry and action oil the Ma
,iona Legislature and through them Of the people, be-
heving thu, the nnonGl aei is the supreme lac c The
Rcputiic and all subjects within the limits of their
constitutional power should be faithfully obeyed by the
public servants.
"And whereas, bill is pending in the Congress
of the IT, States for the establishment Of Sublreasury
System which docs not offer any OF relief Tor the
people but which believe il carried into execution
will prove adverse their true interests, and permanent
" injurious in its eecs because among other objections
il We consider the amount Of gold and silver coin IN the
country and the aggregate annual receipts and dshurse.
menls OF the General Government, nearly the whole OF
the metallic currency Of the country must necessarily be
employed in passing in and out OF the public Treasury
and if il be thus limited in service there will nevI.
tally be enaiIed the people deprecated currency
Of unequal and uncertain value, in violation OF that IN
portanl Requirement, of the National Constitution, which
directs the provision Of uniform currency.
because, this state of things will prevent mate
rally retaid the general resumption of specie payments;
and this be long delayed IL will produce IN
creased embarrassment and deeper Distress
"Becanse, by this mode Uf collecting and DISTURBING
the public funds, they will be subject 10 great risk OF
loss; and heavy expense will be requisite for the main.
tenance Of large body Of fiscal agents, who with the
specie Of the country under their control may exert an
influence individual enterprise and Industry, mimi
cal 10 the Democratic principles upon which our lnstlu
tons based.
because, We consider the Sub.Trcasury scheme sub
verye of the principles Of our National compact cncu
lated impair the rights Of the States and consolidate
nearly The whole power of the Government in The hands
Of the Executive.
''Because, this bill if created law, will be injurious
10 the industrious classes Of society, tending TO clog he
energies parayse the industry, and destroy the com.
Of the country and is in opposition to the wishes
of majority Of the people of these U. Stues-1here-
fore,
"Rtsolred That meet this question openly fairly
and without Disguise regardless OF all dcatIon and with
view TO the welfare Of the country and an honest sup
port Of the General Administration.
"Rcsoircd, That respectfully demonstrate against
the passage into law of the Sub Treasury bill now be-
fore the Senate of the United States.
"Resolocd, That while desire correction OF the
evils and abuses of the general banking system we are
opposed 10 all hasy, SUDDEN rash measures, which
operate the ultimate injury of the mass oil tho