Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-04-20
ClaIke's majority over Ri,'r and 7arian,
TIC Dniu Of Tic GOrcrnment

The Bank Convention ha We dourned and hey pledge
themselves every effort TO resume specie paymsH'
by the LIST Monday Of January. This is dong H1c.,
and it rewards for all the pnins have taken; aC:
the abuse which We received for pressing and supper:
inc the meeting of the Convention. We looked TO II G'
deed at s, as the most eectuai means TO: relieving %
embarrassed community from the evils OF an nFecce%!'
bic currency.
The return of the banks to healthy condition. is a
important 10 The relief Of the couutry-tor pur1p, Us
currency-assimi!aiiDg eZchange-e1citlng en'r'NR'
and furnishing pi,a for the employment OF It's iaoC =
II is essential 10 the Government, as IS 10 the rec
pIe-Wc see the effects OF the want OF IL. In cotE'
ouence of the avnaion which prevaIs IN every prsnA
of business the mporta,ons are reduced Inc safes
tine public lands diminished, the sources oil fe'en0'
are cut off, the public Treasury is snea, ana new Is
threatens to fall upon us.
Under such circumstances il becomes the duty Of Ii.
Government TO sustain the Banks in their efforts by al
the authority which they constituttonaily and lc'
ly The Convention truly tells the politicians s
Washing that the return to specie payments 4ni
preservation Of The currency in sound condition v'
depend essentially the Of The General JorG7
nsnt" Will not the Government then lend he ping
hand?
We regret the course Of Mr.. Hamer We though
with the Albany Argus, that "Tbis movement - n@
less inst than opportune and meets the efforts Q: toe
great head of rrcdecmabe paper currency to ?eTs
resumption, and to convey the false impression 'lE
the Governmen is hostile 10 the banks, with dlsac'
ness and force ne do doubt the passage Of tie rec
medium"
But MIR. Hamer has changed his position; and ab'''
doned his resolution. We regret It sincerely al'1''
time as this, however agreeable may be the assurance
of Mr. Woodbury. the declarations OF the HIo'e y"
should be happy to see the enumeration mace UT
The highest quarter. We had wished Congress Use
come forward and pass resolution for enccufaginE I
State Banks to resume specie payments 1hr ohy ". :
which is wanting is confidence TO be restored 10 t"r a
Banks; and they can unquestonably make so.' V1'
4, iba;r M
die has made nsidious effort to shake that ccnhih
but the Banks have nobly withstood him. Let the w
vernrnent declare in the most authoritative form W.
they will do all that is properly in their power 10 so'
the Banks-Let them give not merely negative, oH' P'
tive assurances-and Mr.. Biddles movement vii .
completely couneracted. Mr.. Benton declared IN %
last speech, that let it 10 issue OF resumPN
and he, for one, was prepared to give them ty ~.
even strain point. May we not then cal! upon h1
redeem his pledge? 49,
MIR. Birdseye, member of the Assembly, d'r'
guished Republican of N. York, is strongly imPe"
ed with the duty Of acting with vgor in this nomea
crisis, that he has submitted the following Reso'SS'
10 the Assembly: 49,
"Whereas the banks Of the State Of New York. I" !"
fiscal agents of the United Stntes, have heretofore
ceved in deposte large amounts OF the federai
all which they have paid over on demand, "ithoo' -
or deiacation. .o
"And whereas those institutions now preparing
resume specie payments at an early day, and hare rs
a commemorate
| State in a sound condition. g,
sand whereas it is Just and proper that these Dana
should be adequately sustained in these their ptise"
thy efforts by the confidence Of the State and Iene
Governments =.
| aTherfore rcsolred, That all the revenues OF 10
State be continued, heretofore to be collected ID
notes Of the solvent specie paying banks oil ms ""
| and deposited with those banks for safe keeping
! "ResoLued, That our Senators and Representa-"
Congress be requested 10 urge the immediate Pa'ss
- zE zl,,t.1
officers of the: General Government. within this SsT
receive the notes Of the specie paying banks theif'
payment Of all debts due and become due TO the I
States and 10 disburse the in payments to be "'
by the Federal Government within this State
THE SPLENDID PRESENT d.
! The Globe comments with indignant severity on y.
| " Magnificent Compliment which the SharehoO'' d.
| the late Bank Of the u S. are about to make 10
Bddle. II Sis splendid dinner service, which, WIZ"
its minor Details contains less than 3bO pecs IA
whole weighing 1000 ounces equal 10 - 'Vo''
Globe says this is than the Sub Treasury OJ
'hoQrding The precious metals with vengeance, az
think Of it-scD.n thousand dollars IN s,lrer Tor W..
die 10 eat upon! flour lordngs all 10 have 'o,.
sets Of this Sort it will take all the silver IN the
and prevent 4 resumption Of specie payments III d
sides, here we have one scr. Of PLATES Jor me Sa
flee holders, and another for the people, Inc peO$
their dinners from plates Of earth, pewter, or "o
| the bank office holders must have SILVER SC MI,
"Serously. who pays for this prlnceiy service " ~,
To the Bank President, Does it come out OF '"e
els Of the stock holders: No; it is part of he s.
which this man has collected from the msren, %
New York. from the planters of the South and nr' 81
from The whole people of these United States - ,r
lem of lawless shaving, usury, and e1ac'on' WIZ
parallel in any civilized country.
sill Che.rire.-The monthly return OF the assc .,fb
Ranks of Boston, shows that on the Ith u.s. ma se
amount of circulation of the % banks Is S3.olSn,
ina diminuion as compared wirh the s'ass'