Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-04-07
course Of false legislation has led the Gov
we. ,,o violation of these cardinal rules, we hail

S5 .st,rmson aud force US to those FIRST principles
83 ON ,otical faith, by which aone we can perpetua'e
I'll liza those institutions, which have SO long secured
".,d prosperity to the States; successfully nam
i' hs r;ohts OF property Liberty and equality OF per-
D" N, imitation and responsibility OF Government
rs<s are some Of the great principles by which We
III ',sl The Constitution, estimate our civil and poht
M .s aud Judge Of the motives and actions of men,
IA an, principles well understood and thoroughly APP
,ed by The peopie-none so dull as not 10 perceive
81 ,s.y constitute The elements Of his liberty. They
Fl d. from childhood, and ''grow with growth
81 >! .rens,len with strength" They are as lamps
gar feel and guides to our path. BY their uneriing
= Ns' and guidance we have successfully commended
,s, those antagonist principles which are perpetual
t,.s,ilnc and undermining our hberties-and have
j "a shame those exclusive and self sufficient spirits,
,have liberation for equal rights and privileges
no ts,rust the capacity Of the people for self govern
mi, have confidence in their understanding or W.T.
n ~ and no faith in the stability Of our Republican In
Unions History is hut record Of the arlhces, the
,rohs and the tyrannies Of the few over the many
washer as Patrcians of Rome, Ba.ons of the middle
4 s or the Mobiles of modern times, they have never
I'D to establish their supremacy, and TO execute ven.
,,e on the resisting multitude. Having the hundred
ss,.ci an Argus. 10 search every weak point OF de-
g., md the hundred hands of Brlareus 10 execute
u, gsrposes'of will they moved forward with
81 q1animty and mpetuosty which overwhelmed
.y barrier in their path 10 universal empire but IN
Il or own country, where democratic principles were
wn with the first plantation Of the colonies aud where
.ery and equality the spontaneous productions oil
be so-in this favored land of intelligent treemen,
hsv have been baied and rePused in all their assaults
anon the rights Of man. They have assumed every
ime and shape that could best conceal their designs,
;, accomplish their purposes At one time they are
,n, rederal-a another they Federal-Now tor war
,nd then for peace-now they seize on this engine OF
n,a,ion and panic, and now on that. At one PERIOD
,I.v are National Republicans at another they are
WITHSTAND finally the accession of new allies they
most appropriately assume the modern cognomen OF
Risl monopoliss and style themselves Conservative
WT,s But all these articles have been hitherto una
r,In, A sagacous people, guided by unerring truth,
br, sways detected and resisted them. Each septen
n,j since the foundation Of the Government has wit
messed some corup,ng and oppressive scheme or some
Db,e deiusion that vas hoped expected to depress
and degrade the people, and cheat them OF their liberties
The funding system the Alien aud Sedition laws, the
Tariff and Internal Improvement by the Federal Go
vs,pment judicial and legislative usurpalions sapping
and undermining the independence of the States, aud
Notification hGresy Of contrary tendencies have all
sn, their force and failed They only served TO prove
The strength and genuneness Of those eternal principles
which lie a, the foundation OF institutions, deep
" rooted in the affections of the people-whch consti-
e their very modes OF thought and of feeling, and are
destined heEceioth 10 pervade and renovate all classes
Of men With the genius Of Christianity-a kindred
so:I, pure and heaven.boSn, hand i'll baud, they will
90 forth conquerng and TO conquer, until they shall sub
Due the whole earth, and bring all the nations thereof
under their beniga, just and gentle sway How an
honest Christian can be other than thorough De-
nocrat, is mystery to me. But let that pass
The entire frame work Of the society in which we
i've may be broken down and thrown into a mass
Of rulns-anarchy, and confusion, and much blood,
nav sweep through and deiuge The land. But those
rraoya,ing principles of TRUTH dawn from the Bible
aud the Constitution, and pervadng the hearts OF men,
vii rise above confusion, and triumph over disorder.
se the Spirit Of God moving the face OF the waters,
hey will dIspe the overshadowing clouds and darkness,
reduce chaos to order and shape the scattered elements
into forms more perfect more beautiful, and better
suited TO the purposes and wants Of men. Vain is
the resistance of human power to the onward march OF
Gu,h-worse than the idle mockery Of the Barbarian
Monarch, who commanded the swelling ocean TO come
thus IL. and no farther. The truth is omnipoent and
will prevail II is destined 10 prevail the last strong
holds o.. injustice and oppression in own land The
money power concentrated and organized into political
engines controlling all legislation domineering the
people, and themselves above all law, will be compelled
submit TO lis scrutiny, and yield TO its reforming hand
The last thirty years have taught lesson OF bitter
experience which will not be forgotten Escaping
from aristocracy Of hereditary mobiles, Of warriors
ana satesman-an arstocracy OF blood and fame, we
have been destined to experience the grinding oppression
and lid avarce of dynasty of associated wealth
Mooey, and power and monopoies, and privileges, and
exemptions, are not conferred on the individual, and
pePetuated in his corpoea progeny as in England or
France-but they are conferred corporaton-a be-
ing OF law, into which he ransuses all his wealth. and
perpetuates from generation TO generation tits true,
that these Banking corporations may be made up OF the
cccej resources Of the widow and the orphan, the Ia
torsr and The husbandman But this accumulated mass
controlled By few individuals by master spirit,
whose commercial and political influence is proportion
ed 10 the CT the institution which he pre-
SIDES These Banking Corporations hold the place of
the Ancient Baron, The Modern Noble, and the Roman
Parcian. The possessors of all power, the gracious
dispensers of all good. They have in their hands the
tesnies of country. Their will gives law in the
Market and the Exchange the Parlor and the Senate.
Abundance and poverty are their hand maids They
give riches they they take them away a, their plea
They pour out the means Of enterprise, or they
dry up the fountains of industry according 10 their
vereign will By their means, Princes are made in day,
and in day reduced to penury. These things we have
and wondered at. But man could explain the
mystery.
We have felt that some powerful and irresistible in.
;uence gradually drawing all the wealth and pow.
and Offices Of The country into the hands of few;
tut could lay his hand on the particular agent
that was producing such unequal results. We knew
that an arts OcratC and monopolisng spirit pervaded
large class Of citizens; but not Of the
particular engine they used 10 accomplish their purposes
But The experience and sad Of the last few years
have revealed TO Us the true cause. And am greatly
mistaken IN the character Of the American people, 1t
they do not apply the true remedy They are not yet
prepared 10 sell their birth right for Of pottage
ihere are lew dSinerested men OF reflection and obser.
WALTON who not satisfied that the American Banking
System in ITSELF and in its connection with Government,
has been the fruitful of all difficulties The
Stern lessons OF necessity the only lessons that can ope
rate on of men, have taught that the banking
system il exists in the United States is unsound and
de!usve-tha, destroys all standard of value makes
lottery ofproper,y, merchandise Of money-extingush.
es the idea OF fixed and moderate profits, and subjects
the country to fluctuations of price, demoralislng,
runous and oppressive than the debasement and arbra
alteration Of the coins pracsed by tyrans of former
times In its salaries and fees to nearly thousand sets
OF officers, presidents, cashiers clerks, messengers, no.
rcs and attorneys, in lis profits to stockholders, aver
aging more than thirty millions annualiyin the profits
10 brokers for changing deprecated notes into money
in the gain to banks their friends and favorites in specu
aons in property, merchandise, produce and stocks,
during the periodical conrac,ions and expansions OF the
currency, and the suspensions of specie paymens-all
OF which produced pleasure by the banks To car
y on their specuations; in the gain from the wear and
tear Of notes. and in the losses to the community from
coun,erfeng; it is enormously burlhensome to the