Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-03-03
FOR TIE EMO u!RER.
In ALERED CIlTHBERT. ESQ.

SGuHior ~ The 4. states gram Ire Shfe q I'0TsAH'
Sir-Ynur high standing public man induces me
TO address YOU the present distressing crisis would
not now take this liberty, hut for the recent Intelligence
that the SubT.easury BIZ! will certainly pass your
body and that the probabilities are III favor OF It's pass
inr the House of Representatives. This information
has greatly asonshed NE for, had been assured, that
this Bill could not pass The Senate, and II 1t should II
would meet with certain defeat The h. o! H. nth tt1
understanding determined 10 remain silent and refrain
from every thing which would be calculated To widen
the breach WHICH uuhappily exists in cur party
but Sir believing that the SUCCESS of this unfortunate
measure will not only be ruin0us 10 The party with
which We have 50 long acted. but that II viii be desnc'
tive To the best interests Of beloved country canno.
fr5c.r entering my solemn protest against it. Under
such circumstances inrhearance wouid cease To be n
the, and silence would be treachery TO our patty and
country.
Sir the Republican party, which have faithfully
served bccuuse thought it the best Of serving
my country from my bpyhood IS in great danger II ~
on the very brink oil dangerous precFce. Pass the
Sub Treasury bill and its fate will be Irre"o,aby sealed
will not dclain you with any ct The many unanswer.
ube arguments, which have been made III And ont Of
Congress against it, They haze all doubtless Keen tho
roughly examined aud weighed by you, and aaTe no
doubt brought your mind to II correct conclusion. One
thing is certnrn, that this very deEtcai measure vas
repudiatrd and denounced in uaneasurcd terms bnt
wears aro By the whole Republican party with Gereal
Jackson at their head and that oo in comparison wi:
the State Bank depnste system. We were then to-" ~
authority, that Tie proposition designating and -.
ynIuonary subversTe of lie iundamen,o! principles OF
down this day: That " il is palpabc Is the sun,
that The effect Of the scheme would be 10 bring The pnl
lie much the actnal control and custody
Of the President than it is and expose 10 be nn
dered bv q hundred hands where cannot now reach
il" We were told, that had such a suggrs'iea
come from General Jackson, it would have beenern"s
through the Old Dominion with the reiterated false
hoods about the Proc!a nation and The Protest, as cot"
elusive proof o! all the aspirations which have h"rh
charged to the Hero of New Orleans. Sec, (theY
would say here he wishes 10 put the public money d.
rectly into the palms of his friends and parlizans inet
Of keeping deposiie in banks, where cannot b'
drawn for other than public purposes, without CERTAIN
detection. In such case, we shonld feel thai NJ
people had just for alarm and ought to give ie
most walcul attention To such an et,r. to enlarge Exc
culive power and put into lis hands the means oi COZ
rup!On."
Such Sir, was the language held by Gen. jackson
and his supporters, but few years ago. 10 tie Repu9"
can freemen of this country this very subject !!
made a deep impression their minds-one, en-
which be removed by the force Of party discipline
They will very naturally conclude that if this measure
was then dangerous TO their liberty it is now; thai
if lis tendency then was to increase Executive PalronaE
10 dangerous and alarming extent, II 10 so now thI
if it would then render the public money unsafe II "I
do now; and if it then furnished the certain means
corruption it will do What, Sir, is tie reason
assigned for this remarkable change this sudden whee
ing about and going over 10 Mr.. Calhoun and his t
band fNullers;' Why, that the Banks have sopr'tE
specie payment. Docs this change the character OF 'i:
Sub Treasury scheme? Does it make il less daugeroU
to the liberty Of the people increase the Executive pstr"r
age less make the public money more safe or furni,
less formidable OF corruption, than it did IN l-
No, Sir, il will not do 10 say to free and enG~;
ened people. Besides, the State Banks had all sto?f,
specie payments previous occasion at least
it would be insult 10 the intelligence OF our '+
ers TO say that, when they selected the State PEW
repositories Of the public money, and denounced
Sub Treasury, they did anticipate that such an e's
the Banks stopping specie payments m'ght o'-
again Yes they must have anticipated il; for, 1t f.1S
sonable 10 suppose, that that which has occs'
may occur again. 1t is we'll known 10 he one OF IL
evils attending The Banking System; and perhaps III
strong combination Of circumstances may not 'f' E
in tine next fifty years. 10 bring about similar si's
things ~
The only question worthy Of consideration now H. "a
best 10 get the country out Of lis present en- ~
rassmenls-And the Federal Government con'"IE
tionGly aid in this most desirable object; 1t will Te III
mLed that nothing is desirable than thai tue U.s. ,H
should resume specie payments-tlat since Tue t;o H
alton Of foreign exchanges, and the consequent rev
OF the premium on specie, there 10 no'hine 10 pr Ia
large majority Of the banks from this Resumption. K
the want Of confidence in them, and That lhey A
resume with safety, without restoration oil CONN.," ia
in the first place at least partially. Now, Sir,
in the ,ower of the Federal Government, TO a'a = la
much in the restoration OF confidence: GNU ~ in
promise TO receive the Of the banks in PAYNE
the public dues, they should RESUME 4a
navmen,s greatly contribute 10 its restoration: 49,, ca
mi This manifestation Of confidence in them, ,a.H
yernment-by far the largest money dealer IN .t iIJ
trv-induce private dealers 10 conide IN lher': Oh
restore the confidence Of the whole co'nT1nE ~
the contrary, will not the refusal OF the .p,a
receive their notes in payment OF its dues aH 10 GsE
policy never TO receive them again, tenc
credit their notes and diminish the pubic conodr:fE
them, Add to this, the demand which III w.
for specie by the collection in it OF all Inc j.