Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-06-12
= UUU 600
25.GO0.OO0
lSl4-Dec. - 70 he issued,
lSiJ-Feb. u. Do. DO.
S60.5OO O00

ed. cannot but 50 ppuse Mir. Chairman, that my col
league, n making this objection must have mlsappEe
h"Haed the provisions Of the bill! lie must nave sup
posed, 10 Justify any thing Ike argument IN support
OF such propositions that bnia 10 time aud The
amouIA OF Tie issue. the bill s entirely unlimited lie
Cannot be aware that no notes be issued 10y lis au.
th0rItY after the first day nj December next, when all
cdecmHhc; aud that The can at no tine eS-
cred ten millions Of dollars. 4 bank without any CAPT.
tai with charter for months, Snre!y ihe Argument
Is answered By The statement u the Facts
II = SAD hns'ever, That another n'm q "n''""5 "
betirf 10 IN al once tor regular loah =" i'e y !"
surg sthch.ior some SlU,OOGOUO iEal VIII oe proper
and constitutional, and viii be doing lie thing III
G'ruitifd manner WOW, Mr.. Chairman, N The hTsi
place loan such gentlemen propose Tor The Time
needed by the Government, can BE- negotiated IN this
country, the present situation OF the banks ana ihe
currency, unless the Government will receive the IRE
decmabe paper Of non specie paying banks Ii the oh
Jet Of gentleman is 10 drive The Government into the
oi these banks, and 10 impCdc II with the me-
deem1be currency OF The county, for the support OF the
banks. certainly loan III their paper will be very good
way TO accomplish the object, aud pNce the Government
in their power. Eut if the loan is 10 be negotiated III
speci' the notes Of spece:pnying hanks-lt cannot
b. done. Wouid any such bank or banks IN the doubt
full position in which they are now placed, venture to
take loan of Ten i've millions Of dollars. at the
rate Of five par cent aud pay for it specie BY issue
of tqeir notes: Would Individual capitalists do p
T,y cov! scarcely obtain the notes of specie pa wing
HANKS or sprce with which 10 carry The loan into fleet
There are now am told not GnTr than zine InIiiiUrs
NJ ,.ca ~ yrv. York and buI E,II, more than half
&C ,, ,,cu-, P tho rocu f ,b.;r hanks i'm c,rcua,irn
p, o,i IN, ,,i,,l.,s mr. tho ,,Es ca.ilv oLain the
,re,rs chat ;rduc.uru; would Their. Le Ia take loan
far iy mon,hs which Tie want. of the Treasury only
rcuvire, What ccr,nrnsati0n would there be- IN an in
s,,ro, far ~ sInr, time IN induce The cap,,asl 10
cali IN his hords ard n,,r,r,g.s and .r h.. stock or
III ,.,: rIa s,,., ., 49,, T., the SALE II, Ills
,,',,, r ,r h,nIs or III. Ifr,:.d &,,,ps' Rank dine
- ,,o Government These bond, are Of % OGO 600
s ,rc ,or,hI within s;r months and The other the
' w. So, L,,.,r,r ,I,, ,Lo Inn c,,,Ii H.. e.
2I;y w.! 80. H. ,,,',i.,en ,.o,,,;L. ,h;sors
;,i r,-iac,ior r,,f..io,s ri ,,.vcrsiv- re- r,rd
,yrr. &c ,he h,nEs Thar. would h, created
m ,,,odio,. demand unon tho banks of Nc. York for
II OOO COG in specic or their notes convertible into sp
,r IA, ,,r,l,nrn wan, ounh,r cr,sh--arn,hpr s.uo.
c-o sor.o payu,eits-upnn which new changes may
7rr, ~ ,bc hos,i!,,r nI In, Goyr,uncut and their
% ,',. dr,or;on IN il,a blukpp institutions &C thu
a'',: l,n onrl, M, n Lr , T c,,d in the nr,,en,
'."""!, II.7 !, ,.,r, H. .,.o,ad ,,r =. ~, 10
u''n ~ VIZ ~ ,., W. lem
~r,'' '" 49, W,h .,. ,,a r s,,oh =, ,,y,c,eu.c
w. ,. .t , 49, ',.,1',r I'D IN. r,.,,s- ord
ny ".S', 49,, Vs. ,,o, g. ,;" ~, L,,, d, n
we '',,' |t s,h or,c;,o I, rc,.cv with
" .,: r. ,,, = ,n.,,,,,,,ri T. H. u,on
'"''' ''rNs % . 80 GOO = o : rn
Wv - ..rI,.,,,,, ,-,. r,, L',,,or,-
80 49,. .L,iL H. ,,,,,,.,;o,d - E!,.,,ro ord tho
,"'l '' t;,t, IL :; s.,: p,,, ih,, Sir wonid
i ;Lo cm,a mil he n,,ia,, is dead The
,, dc ,h. v,.,s,,v ara noy-,, Tie pr,srur lime
chiefly within the nr&tlw or three months Long DC
fore e loan could re negotiated IN Europe ana the avas
be returned, lIr Government WEI BE- bankrupt anu us
gracPd-lls i"h ana lis tngGg mems c'shoh"''u' II
,io Sn,,,t, e ,Ir 1r.,sr,r T., recall hack nor
ton Of tic amount GrP"L'eG with Inc Sh'rS; "ht ""H
~ far NOR" S't"e;n measure; Tor men, 'r' "''a".
contributed would ': as 1t was deposit" upon ", ''.
cip.e "i direct taxation; ana Tue """'h "ou'e ' u
t.JGs. TO pay dIsProPort"ua'e share OF me c""i'"n
ton But 'hr most F'i'a'N'"' part oi my c''r"EHc
proposition u.s. 'mh' '' l"ah ""'h W Eo''aeu ~
should be brought bnck TO 'hIs country an T''H. ilr
ha: just mace most e""'r'e "'3''"'"' " s"' '''"
every importation o. EFs's 'o" H"P' T ',"i hi, vs..
ssIily depTGs5 the pT!ce o ouf cotton 10 hiH the
importation or The existence OF specie ~ me c'""'
try, brings no Observation-Disclosures II Is n! NE tx
peusc Of our great staple, ana Consequently injurious
To The South Well, Sir. uGdrT lie increased alb