Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-04-13

The Hon. Levi Woodbury., Secretary Of tho Treasury,
dated recently al Washington, which contains highly
important Developments OF the views and Intentions OF
the Government, affecting the approaching resump'
ton Of specie payments Thisleer states that the Go.
is moi hostile TO the banking interes-lat
the banks would resume in May, the Department would
extend 10 them al its power and influence, in order to
enable them 10 sustain that honorable position against
amy opposition, from any quarter. AS soon as the re.
sumption takes place, Mr. W. intimates that The notes
othe resuning banks would be received for public dues,
the same formerly and that unusual or sudden de-
mand would be made tor specie.
"Suoh are the Re,o rieaos Of the Goosrnment.
"At meeting Of The Bank Committee, held on Sa'
tuday evening last, this letter read by Mr. j. J.
Palmer to- that body, and feeling of confidence
generated generally among them as to the future.
"a few days previous to the appearance of the Secre
arys letter, il that many of our fnanclers had
consulted on the propriey of entering into negoa',on
for the purchase Of the proposed issue OF
of Treasury notes. Measures had been taken 10 begin
this negotiation, aud agent in the full confidence ol
our hnanciers, had proceeded to Washington 10 confer
the matter. Conlemporaneous with this movement
and perhaps caused by previous correspondence the
highly important letter of Mr. Woodbury. to Mr. Beers
was communicated, as have described TO the Bank
Committee on Saturday evening On Sunday, Mr.. DID,
dies Rescript receved-bu it failed entsrey pro-
duce any effect on our money MARKET or on the minus
of our iinancers from the fact that Mr. Woodbury. had
made the first advances and pledged the whole force and
energy Of the Government to aid the resumption oy The
New York banks-thus entirely ou'genefaing anu anu
cpating MIR. Biddle's great movement
"That the New York Banks aided, rs they VIII be,
both BY the General and State Governmens-by the
Treasury at Washington, and the whole power OF Inc
Legislature at resume ner, month ana nam
tain their yosition there is not the Shadoo Of doubt
The agprequ,e aid from both will be equal
loan Of 900, backed in Europe by the credit of
The United States and that of the State of New York.
In fact Mr. Van Buren, has been compelled, BY the
recent elections, and the force Of public opinion TO
change his entire financial pocy-and the resolution Of
fered BY Mr. Hamer in the House Of Representatives,
the letter of Mr. Woodbury. to Mr. Beers, together with
other events are the evidences OF this exraorcary ana
astounding revolution.
ave learn further that Mr. Woodbury. has communi-
Gated the sentiments to the banks OF Baltimore,
Boston and other cities.
awe are therefore, in an entirely new position, and il
the u S. Bank and its associates do not soon
as ours series of explosions will he generated among
the expanded and irredeemabe banks, such marked
the years 1916, II, Is, and 10. In our humble OPT,
Mon Mr. Biddle has put himself in the false position
and not New York. fths man. or this institution, can
| pay debts and will not-and that man, or that bank
both and WILL which placed in the false position
ain consequence of these events and views, exchange
on Philadelphia is up 10 l2 discount, and on
many of the other irredeenabe points, exchange OF
| checks are not negotiable at all.
s1he business at the Board day. has been very en-
couragin stocks having advanced considerably with
the exception of u States Bank which it will be per
ceived has declined shade, &c. &c-'This favorable
appearance Of the Stocks asclbed 10 the expected nc
ton of the Government. Specie sold at par 80 days
| Treasury notes have declined 3 per cent
| THE CHEROKEES.
The Baltimore Republican states that Gen. Scott
has been ordered South with authority TO take the com
mand of 1000 men. This movement has been required
from the spirit manifested by the Cherokees TO resist the
provisions of the treaty with the General Government
Hos,,ies apprehended from the pursued by
Ross and other leaders in which they have been encou
ragged by WISE Everett Of Vermont, and others of the
Federal Opposition and allied uboltionists in Congress
Governor Gmer of Georgia has issued proclamation
in which he that many Of the Cherokees after en-
rolling for emigration, have been arrested by vexatiou
suits and thus prevented from removing 10 The coun
try provided for them by the Government
We learn, that the following schedule embraces the
number of troops which it has been contemplated Il
call out in order TO look down all opposition at once.
is sound economy to nip hostIlles at once in the bud:
| Tennessee, ................. 1852 Regiments
| GEORGIA. ................... ,4S0-" do.
! Alabama, Observation-Disclosures. 49," do.
| North Carolina, ............. 740-1 do.
| 5lS0
| REGULARS, ................. 1900
| 1880