Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-07-27

suit from natasai impediments. or incidental cscum.
stances operate rs lax upon the grower producer of
the article expor,edand whereas the indirect channel
through which foreign commerce now passes dimi.
nhes the price ut the staple, while il increases the price
Of the articles consumed in home market There.
fore,
"ReSocdd, That the best interests FOUR citizens require
the establishment Of direct foreign trade 10 port
OF entry within the limits Of State, and that the
Jealous co operation of mercantile community be in.
Vited to the Accomplishment Of desirable object
"Res0red, That this convention do recommend 10 the
citizens ct this State to appoint Delegates from every
county IN The State 10 meet IN convention the second
Monday Of December next, in the city Of Raleigh to
take into consideration all matters and things that may
tend 10 the internal improvement Of the Sate-to the
deveiopement Of her Iesourees-and 10 advance her
commercial interest and Importance"
THE .3DDRESS-0eain!
The Globe has noticed our Temarks-certainy in 4
spirit winch gives not the slightest cause Of com.
Plan-We can only regret that lis article should
pei US to enter again upon the discussion of the Sub
Treasury subject, with which thoroughly sa.
tlaied-Bu We have lime to day 10 take it up any
length and must lay it; over till neIt-The gis Of
the article IN the Globe is 10 be found in the following
extracts:
Against this Conservative and Federal principle
he nStng OF the nation for priuatc pnPoSss)
the Editor Of the Enquirer protess-aganst (his) prn-
cipe, he untes with his Democratic brethren, and pro-
poses, his mode Of eteclng deiverance from it, The
system Of special depos,es.
"But against this mode Of accomplishing The end al
which he aims in common with the Republicans the
banks the bank journals and both branches Of the bank
party in Congress- conspre They will have the money
to use, not at ALL considerable portion of the Re.
publican Pary-enough TO have carried the special de-
posite system by great joy, if those in the inter
est of the banks had concur red-vo for special de
posi,e custody in the banks, excluding the Of the
money from them The stpendiary presses in this city,
of both the great bank and its satellites, united in de.
nouncng i, in advance; and there not found in
Oil htnnr Df dis.
posed to favor il.
'.Wha then, is the alternative left, The National
Bank and The half cay fight for the of the
public money and refuse 10 take II special deposile
The Republicans deny them The use of the public mo.
ney, and unwilling TO trust it with them
special deposte. This scheme, then, which the Pres
dent would have acquiesced in, rejected by the very
10 satisfy whose scruples the Of Executive
patronage, it was proposed
"And that every propitiaory offering save that
Of sureuderng the Treasury usury and speculation
has been rejected, shall say that the Government is
not to BE- trusted with the immediate custody Of that mo
ney which is obliged 10 collect and dsburse: DC, &c
We shall attempt TO show, that the scheme of The Spe
Gle Opposite ought according 10 the calculation Of chances
have carried al the last session. with udcous
engagements, with united counsels greater concert
aud in spirit of comp rumise-That the Globe has mis-
taken The spirit Of several of the tina,
il the friends Of the Sub-Treasury, ask nothing more
than the carrying out Of the principle which the Globe
says have uniformly supported, (srparaton of dis
u
the form OF Special Deposite this very measure
nigh have vailed al the last session may be carried
at the next-and therefore, cannot conclude with the
Globe that every propitiaory offering has been reject
ed'-at least far make despair Of lis ultimate
successful fact, instead Of despsring the more
strongly by the developments last session
(boti public and private. the hope Of its finally prevail
ing We cannot therefore, coincide in the conclusions
of the Globe We consider the question of Spe
cal depose Far settled that compelled 10 hro
ourselves upon the issue made in this article Of the
Globe-o abandon at all cancellation and all
promise--and 10 give up all those objections, which
we entertained, with the Republican
party Of 1884 against the Sub. Treasury system. We
shall show how strongly those objections were pressed
at lha, day "to The immediate custody Of The money" by
the Ezseutire AGENTS The Globe and the Enquirer in
common entertained all those obectcns-.o, that We
have only quote them from the files of those papers,
bu, four years ago They were then not considered so
trivial that consent 10 abandon them the pre-
position Of the question If the issue indeed
between additional Bank and Sub Treasury, should
no, hesitate momeRt in making decision. We
90 against National Bank, out and out We declare
our "uncompromslng hostility TO t-Buta as DO not
believe from the events OF the last session. from the
prospects before that the question is narrowed down
10 this issue; yet to despair Of the
Special Depos,e, must still rally upon it. Such is
our posion-and should be most happy 10 obtain
the support Of The Globe, this common ground Of
compromise.