Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-03-17

and one doubtful we'll one doubtful in Virginia.
Make these alterations, and my calculation perhaps may
be more correct than il is, &c.-"With my own cacu-
ions Of this vote or with the revised and corrected
cne see no possible contingency in which either tho
bTreasury bill, reported by Mr.. Wright, in the Sc
re, similar bill reported by Mr.. Cambreleng, in
The House, can become The law Of the land"
We copy the following article from the National In.
tegencer of Thursday, without vouching for It's cor
Iecness-But we take it for granted that it has not
spoken in such strain, without due advisemen!:
We would not lead our readers into the indulgence
u expectations which may be disappointed, but from
impression of the state Of feeling and opinion pre-.
Milling in and about the Capitol yesterday really
r'lain belief that the Subrreasuy bill (which has
ben so much debated in the Senate is not likely 10 be-
come law, without very material alterations.
"The receiving and paying of the notes of speciepay
ling banks, in transactions with the Treasury and officers
he Government, has not only been defended in prin.
fpe and the ground Of expedency, with such ndmi.
s clearness and force, but it has been so manifesty
hoSn have had early and authentic orgi and 10
have been sustained long and generally BY political
Of all parties, that seems little more than captions.
ness, the aectaon Of scruples, to deny the consu.
uonal power of Congress in this respect
at the time it has been shown with the clear
of sunlight that TO collect and disbuse the
in gold and silver alone while the general curren
I ey is bank paper, will withdraw large mass of coin
from any useful agency Whatever, will therefore weaken
instead Of Strengthening the currency and will annoy
iaass. and distress the general business and
Of the country in an unbeara5e degree, without the
least utility or benef, to Government.
"a conviction Of the truth Of these sentiments,
repeat, appears to 10 have been widely and deeply
impressed; and therefore are at present. of opinion
That the Administration cannot carry, and hope it
will not longer persevere in attempting to carry ANY bill
Thch shall not recognise as currency the notes Of
specie. paying banks.
ave add 10 these suggestions, that the connex.
ION between capital and labor, the essential benefits OF
that connexon and the importance of credit consti
'ung 1t, have been most ably explained and exhibited;
sHd so explained and exhibited in the speech Of dis
ingnished Senator from Massachusetts during Monday
and Tuesday Of this week. that party and preu
f dice cannot we'll longer shut out the truth"
suppose the above suggestion to be correct-and il
may be carried out in the Senate in the House-then
We ask, why stop here' Why retain the Executive
ency; 10 enlarge the powers Of the Erecutius and 10
ndanger the security Of the funds? We earnestly hope
mat this feature may also be stricken out Separate the
Oeposiles from the Discounts; bul employ the agency Of
Inc Stale Institutions, the safest both for our funds and
our pr'ncipesLet the Madsonan still raise its voice
against the Special DepositeA system may be devised
ih's description, which will work we'll and answer all
NE purposes of the Government. II removes every OBJ
schon, and combines the advantages of both the other
s!ernatives.-V plans have been suggested-A
iend proposes Compatibility, at any time when thought
proper instead of the actual conversion of balances on
PERIODICAL settling days.
SO Tar own opinion is concerned, we care not
whether Mr. Norvel denounces tor who it is that dis
\ claims it,
Inc special Deposite had not single TREND IN Con-
should still cling to it, the best which could
under the circumstances of The country
M Banks from discounting the public funds; re-
CT mos Of specie paying Banks to be credited as
the best selected Banks, the Special
appear to US to be the elements Of the
s." winch can be put together Even if we are
saIe.a 10 .e solitary glory of fighting upon our own
NOOK We shah continue, as we commenced. the friends
Of the System. We 20 70, the 0ns,cv n Tho Stats
Banks against the fr s,..;aI
General Deposites. anu ''' 'p'''N' asa"''
The Latest-A Correspondentfrom WASHINGTON Write.
that The bill will inc vitality be dpGs,,sd ~ ~ W."
There will be no further changes bowsra se
Se Inc efforts of It's friends IN the Hnuss The
spartan Band, when their arms were demanded .;mniv
Replied Come and take them" ''''p'y
Another Correspondent expresses the s,ue oone
oence and upon other data. Notifications Of Tho Hi
aye spoken o. in order TO secure support We will moi
"nuoie our readers with these specula,ons-but onc
s IS certain, there men in Congress- as there nrr
n VINO will not be changed by the simple abandon
IT. . o The Specie clause. As a Correspondent writes
nm consider the power and patronage part Of The
n,s a. more obnoxious even," than the hard money fea
meue,S Sooe notices the speech which Mr. Benton com
tenn !, tuesday, in favor of the Sub. Treasury sys.
speeches that it was "one Of the most effective
his own esn,s. made by that able Senator, &C. To use
and figures, language, his was "ihe logic of facts
the peonIe ,L. logic which will have more WEIGHT with
position an all The woven arguments Of The 90
speech T., oiu0's Mr. BIS speech was emnbo,;e.,,y
III ~" LOT tue people "NS e."PHeHsoty