Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-02-17


strong puzans of the Sub Treasury determined to
push ahead, with their measure, and orcrthrOo all those
'cho opposc it, crtH they untte ,cih the Phigs to DO It.
Seeng that such will be The final result, ought any
friend Ct WILLIAM G. RiVES, 10 withhold his sup
port at time when attempts are making 10 put him
down; may we not ask respectfully, If the Enquirer be-
leves ii impossible to unite upon this measure in COM
promise, Iit would moi infinitely prefer Mr. Rres sub
slitule to MIR. Wrght's bill p
Charlottesville JcGersoniun Republican,
The preceding article is from the paper of our friend,
the Editor Of the Charlottesville Jetfersonian RepubI'
| can We meet the questions he proPounds to u.s.
al once and without rcserve-e will see how rapidly
events sweeping at Wasiinglon-lhat the Sub.
Treasury bill cannot in all probability pass-and that
the honest and "headstrong parzans las he calls the
Of tue Sub.Trcasury, can no longer push ahead WIN
any prospect Of success-Thc point on which the Ike
publican insists, is therefore no longer The issue The
friends of The Sub Treasury must look out for some
other SystcmAnd if they cannot get the best System
they think it, they will probably be disposed TO take
that which the President considered the next best in his
second Message We mean The Special DerOsc System
OF COURSE we have no objection 10 this system IL
has been with ourselves, from the first, The hrst
best and favorite plan, since the Extra Session
We have attempted 10 rally friends upon II, as
well as we could Our friend of the Republican, came
to that system itself, in December last. lis article
upon this subject, was one Of the most powerful,
which the subject ras called forth. Although il had
The modesly 10 say, that "we scarcely expect that
our feeble appeals will reach or influence the minds OF
those in whose arbitranen now, rests, Tor veal or wo
the fate oftese several propositions; and then did us the
honor add that "we snluce ourselves however, with
the reflection, that in higher place within our own
State, this compromise finds ube, vsilant an in
duslrious advocate in the editor of The Richmond En-
quer, whose views fall lightly or UNDECIDED, upon
| the public ears
We are aware that the Republican took this plan for
the sake Of compromise and the reunion ofour party We
are aware, that il had difficulties about The srpara
ton of the discounts from the dcpostcs 1t frankly de-
cared that 1t has been the least of our Objects in adj
vocalng the rcnt,ccd fiscal employment OF the State
Banks, TO claim for them for banking purposes the
use of the public moneys. We arc free 10 confess that
in reference 10 the economical and commercial wants Of
the nation, wegh,y obligations would arise upon the
return Of such eorG, as has recently distressed our
! federal Golfers against any system which, like lhls,
would condemn TO The barrcn custody OF strong boxes
a large amount Of public treasure, Nc, &c.-Ths
evil would certainly be of inconsiderahle magnitude,
while under rigid economy OF public cAactons,
our disbursements should keep pace with our co!lec.
lions; but evidently, are not free from the dan
ger of frequently recurring SURPRISES OF federal revenue
Nevertheless. adds the Republican, with full aPpre.
citation Of this objection, prepared TO yield 1t Tor
the sake of union in party, and to embrace the spe
cia dep0se system, such rs we have expounded II, or
under any other modification of it, not sacrificing i'm
portant principle fair and honorable compromise
among brethren Of the same family. Every consldcra.
ton urges the speedy setlemen, of this question upon
principles satisfactory TO the body of the people If this
breach is still kept open, and wdened among e friends
of the President by any unwlse perlinacIy IN adhcrng
TO the Executive recommendation and pressing it upon
the attention of the people, and OF Congress- the consc
quences mus, be fatal The integrity Of the Republican
party is brokcn-its harmony destroyed, aud It's fate
sealed
We mas have carried this doctrine further, from the
bcpinDnr than the Republican. We went for the
paation tor lis sake-Wc have declared ourselves
several times in too strong terms perhaps wiling to
rive the friends Of Sub Treasury carte blanche upon
the subject. We willing, therefore, TO ucccde to
convcrbiIi,y Of JaaHces at intervals not too Short VA
der regulations which may not inu5ousIy a!tcL the in
! tercsts of the Banks.
We do not mean to arguc this question with the Re-
pubcan-nor try conclusions about with our friends
But we areawarc, that he willing TO go for The Spe
cial Deposile under The hope of comPromlse-and
that when he the article above, he had lost all such
hope But, the scene is shifting. Since he wrote, we
hear that the Sub.Ircasuty bill will la-lf there be now
any chance Of compromise, may we not hope that the
Republican will resume the concilatory ground which
he formerly assumed Can he not meet us on The ground
Of Special Deposlte! us we stated the other cay,
"When the Sub.1reasury bill has been decaed-we
trust that our friends at Washington sill again meet
each other in The spirit Of concalonand adopt some
common ground, which they may adjust their differ.
ences Of opinon-The receipt OF bank notes to be ere.
di.cd as cash-,he employment Of Banks as special &c.
posi,ores-ihc moi banking Oh the public DeposIles-
uhe guarded controverhllty Of balances between The
Government and the Banks again aud again rec"n-
mended, the elements OF such system we trust,
when other schemes may fail, our friends at Washing
ton may come back TO this. Congress may work cut the
details In their WISDOM and in good spirit they may
adopt such regulations, may nit Executive patron
age preserve the public funds, throw no difficulties in
the way Of the Banks resumng specie payments, and
prevent the public depcsitcs ir"n being discounted on
at the same lime that these regulations do not njurl.
! ously affect the interests Of the Banks
If then there be any prospect OF compromise VIII mol
the Republican unite with US in promoting l:-Lct us
pass over the little jars which friends al Washington
may have had-Let forget even our Just complaints,
for the sake of our country-Let us rally ana Te'nne
| the Republican party-whout which, wing Dynasty
and National Bank will he fastened upon Us.
The Republican, however, seems to have abandoned
nil prospect of adjustment He asks us, II MIR. Cal.
houn viii agree to any thing in the shape OF coinpro-
mise? We free 10 say, that we doubt w. MI e. has
been living too long in troubled waters, to encourage
any such hope. lie is not the political friend OF Mr.
Van Buren-und will feel such inducements, as will
operate upon the Republican and ourselves; s g!san
! tic but eccentric mind wants ballast JOHN T. hing,
has we fear drawn his portrait BY one mastery ftroke
of the pencil: "rwe give him control, he vii! ruin us:
and if we do not, he'll leave US in less Than twelve
months But, if Mr.. Calhoun should indulge The
spirit Of Cancellation, shall be most happy to he dis.
spnoin,ed We confess we look with more conf.
| dence TO the support of his eloquent colleague, who
suppored Special Deosite system, at The last session
Of Congress. Yet while we doubt MIR. C.s accession
to the compromise, we will do without him. Even II all
the Whr Senators should turn deaf ear to US, we have
friends enough carry !! through without him, and give
order 10 our finances and peace 10 our public councils
The Republican asks about Col. Benton-wil he 60
for cancellations We will not permit ourselves 10 doubt
IT, lie is too sogacious man, not TO he willing 10
throw one part of The cargo overheard TO save the ship
from the breakers If he cannot get all, he Will give up
neutrality-suspicious. the sake Of that great maxim,
which has been so often cited ind which we have so
much relied-We are willing 10 put him 10 the test;
and in the name Of his great principle we invoke
the distinguished Senator Of Missouri TO Cancellation
and compromise -
The Republican appeals 10 US as the friend of Will
liam c. Ryes. 1t is we never hear in vain
We arc the friends of William G. Rives-his ardent,
devoted friends. How much pnin it gives US TO
J;fsr al all from Mr. Rives, it is unnecessary for
us 10 saw We have fought side by side, together,
in this memorable questonhe at the head, indeed, and
| we in the ranks-but the same arrow which won ndcd
obout his Substilue-not that would not take il, in