Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-06-05
Richmond, Va, Tuesday, june .
prSI,aPTfON By The Philadelphia Banks.
PROSPECT before rs.

49,. ,,,y,atulate the Public the movements Of
as,hs Events have been sweeping for some
fh''a" r. compel Nj Bidde to discharge his engage
weesS' ,Ss rub.c The Bank Convention had desig
mems " frs, Of January, as the day for resnm.
nas" ~" normen,s The Banks OK New York had
h2 ,hs;r vaults immediately after the Convention
"Ps.nsI The Tide OF public opinion began to set
...n,ly AGAINST Mr.. Bidd!e HIS Institution was
losing ground in The rapis eonAosnss s I0'e'Iy
was III Some Of the Wing politicians began 10 mur.
s'. III. DELAY They saw, that an irredeemabse cur.
h sas offensive TO the People-and they we're afraid
r INVOLVING their party III the odum OF It's transactions
Ss,inctIv understood, that Mr.. Clay himself began
o,,,,n and demonstrate at the delay. Mr. B. sstua-
W. US becoming more critical and embarrassing. Find.
Nv bmselfhus pressed by public Indignation for his re.
,l 10 uue with the other banks IN the resumption OF
,,e u,yments; learning by the Intelligence from tue
nbsrs ,ha, the rece p,lon of his letter in England
Eins seriously agsiast him; that the credit of his
RANK was falling during period OF unexampied abund.
dance Of money in that county, he has adroy awaited
brse of the repeal Of the Specie Circular 10 make
,,up az recessity-He comes forward 10 announce in
nj. note 10 Mr. Adams of Thursday last that he is ROW
s,6v 80 co. operate With the Government in placing
the currency proper footing. This matchiess Ell
;op,ety will Of course, be bla1oned forth by his party
a. triumph when no impartial man can be SO silly as
moi to perceive the whole manGuyre that he is attempt
ing 10 play Oft
I've perfectly coincide in the opinion Of the Globe,
that Neses sach tax levied credality es that
gbick Mr. BdG.e imposes. lie has been driven, by the
Ece Of pubc opinion at hoRe and BY orders com the
foreign owaers OF his bank abroad, to resame-he has
been stretching every since the easy resumption Of
the New York banks more than month ago, {percey
ing tes uninterrupted progress with feelings OF daily
depression stnce first 10 get into condition. and
then 10 find pretext follow the exaRpe-he the
Eassh banks and capitalists, who found the trade and
manufactures OF that kingdom by their expor
,ston the specie from this country, sending back
again by of millions to restore the banks and
81 a. a., kka.ro
lie By the London PaPess that the stock Of his bank
was sinking BY the pound in that arket, and that the
leading journals denouncing his course. Pressed
ders from his foreign to resume, he comes out
with the following card addressed 10 John Quincy Ad'
ans and would have the public believe that his present
errss that there shall be discrimination ia the money
paid for lands and customs.
The annunciaon Of this change upon the chess board
was made known in this city, Saturday last in the
note TO Mr.. Adams Published in the PhIla6ephlS Ma
iionn Gazette AID published III oEr preceding co!ainns
we'll as by The following note from source oil tie
highest authority n Phistepha addressed to The fres,
dent Of The Bank Of Virginia:
"PHILADELPrtA, May 81 1888
NV Dear Sir-YoG will see tie step suddenly taken
after the anaunciaon Of the vote ia the Senate awd
House Of Representatives the Specie Circular Mr. n.
BGdes letlet to Mr.. Adams is considered virtual
resumption already, theagh it cay &c delayed fora few
days. We send you the ne wspaper.
Our Banks have all been summoned 10 meet to
yow evening. With the highest respect and esteem,
Believe me, sincerely,
Your friend and obedient servant,