Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-11-12

tnri! petitions VIII sf''.t
81 Il Il, j. sua he tiutt and prAci'cai'J Inorp'"a" ~
), Euulaud2 Not 3" long our Legislatures without &C
uai means the gIgan'ic plans thry ofgnae'
aud without funds pledged 10 pay me interest u ''e
they authorize, continue SUMMARY " ieaP oFe'
oil dhc ups. relying with 2" mucl conHuehce uPo"
the alIrna,ve vi going 10 London or tatis, or Am
s,erdam aud raising The wind there. Many hme
and oft, while here, has my American hioud boiit
with shane, II mol with ind'gnaiI"n 10 see sovereign
States hrggng, and t"ggre III VAN al the doors q
Jew htukrIs aud bankers When VIII ih's huhii'a,,
iuu STATE nt things terminate: N"t uh'l ihrh siah
learn that with states well as individuals, The best
mode Of preserving credit, is not 10 test ~" stprle
Nv Good must aud viii come out OF be present Sc
we're crisis II will lead the minds oi thousands 10
The convection. that restraining ana regulating
power other than huge Federal bank Is necessary !"
che ok the xayananccs and prevent Use nisorotfS hho
yuls,uus To hCh and currency seem 10 r
now c,oued That the Suhtreasury scheme WI S"'h'
yer, s,on be ndnprd is just Us crtiain a. 49, maj
ar, much rackrng and suffering, The patent - often,
lines induced Ia adopt rhp remedy nave tfaselfo
through mos # lie Eur"psan States, ard am now more
thoroughly couvnctd an ever, wa" hr man cause :,
the Constant VARIATIONS IN Gur cniiitfcia hia h'ahCa'
interests g upr lserahly expanded paper currency AS
IL respects currency. other part "i Tue Won" fAos
such a soecraclr as the u OF anrrlra now presents
Already nearly the whole OF our clfcua'i"n y paPr'
and though he whole land IS COVERED WIN s"inPas'es'
The cuns,a struggle ~ Ia push INTO circhn'l u,"'s
The annette TOR paper 'inrrrases WIN what IL irecs
on " hat The c"ns' qntncrs: i'uf latu SUCH, :"
measure The value al property. IS 81. rr '"E hS"o' ~
and Irss OF CREDIT If not disgrace abfond How 'r"h''
ob,n,Iy can France nnw laugh al The financial s"rn
winch Is shaking E"gand mud amefc' sue "n s n''e
more pi osprinus ian s!l- Is nt 'his m"'"sht. ~" "
paper in circulation under ouO ifhnc h"'es sur = '
sphircl ln the calauIrs that c"nsinny Detailing our
punr shin pas,ered and Bank rdden America.
You will learn the manner IN which NE oah" h''e
hos bee Temporarily relieved u mas usnm ~ su"se'p
non III ca pnlists each taking share. III very man
ner in winch il was relieved, shows The extremity 10
which il was pushed have heard i's lao'"fs "'''
variuu-ly estimated II senough !" Know 'hat 'hry ~"
very formidable. Mr. Jandon has conducted ~ sucl .
! manner as gain Confidence here as an ihui''"uh''
Bankers md capitalists openly declare That IN order 10
re establish The credit OF he institution IN London !"
Jeudon should be immediately called home ana Or aoe
! lis president The confidence here IN The Fh'auFi pha
pilots both The late and present ones seenS " oe wy
much impaired.
The Suspension Of labor upon railways and canals for
wan, of runds is not confined 10 America J an IN
formed that have already been, ana ha oefs "ie
| he,,r susnsnd.d in ENGLAND The impression here IS
| fast gaming ground that We Americans are satK mao
upon the suitct Internal Improvements bankers al
Amsterdam and in lnnd"n have Told me That Ihr proc
works already aurhur,ed The : are quite sufficient
/, absorb all the surplus capira {" Europe We have
been roinp on 50 inriusy that our stocks have ceased
TO he iayuries Whutn pity, that We li"d mol more i'n
among willing In stand up, ard raise the voice 81
caution and p"s,u against the too RAPID strides
Ia which we ere prone. lien tnght we have en- wa
more permanent prosperity AZ home, ad saved oar cred
] it abroad. '"rs NC
Is tie G0rernmtG Grr"i RcgDIdfor rtSronSte j"r
The pTcstRt Sasp'nSion u The BANKS
The fri r,n"n al lhr Naii"nal in'.llgencer, when
the Bank or The Uurrd States last sPpd, "ns !" charge
| the haukruliry u the Administration III ihlS u has
been followed hy other Bank tha'" kn different
view NJ f,s, Winnie il the cue of rhr Opposition To
,niurp President by cnunenancing The lmpua'rn al
/ Mr. Rvrs that there new l-ngne bTtwe"n tn" u"
rprunpu The I}ark, the hank presses admitted MI
| Bddlr's islimrny conclusive that hosiiles had
ceased between The Government and the bank Some OF
,hpnI further and cnun'sranced Nr Rtves hitr
encp thai there was cse alliance formed, political
and PERSONAL Now hn, The Bank PROSTATE. and has
drawn dow u with II widespread mischief on the cnun
the Opposition AZ ANXIOUS IL burden Tue AL
| ininsrrann with the charge nj having produced II
hv continued pnmiry but liiile while ago they we're
10 encumber the Executive with The unr"puIniity ni
lending the Bank the support Of lis friendship Wings
and Conservatives alike rss"rtd TO Mr. Bidders evi-
dencp cnnirm The last p"sIil"n which Mr.. Rivcs un
Gerouk MAINTAIN in lie SPna'e and before The people.
We uow insist that their witness IL good against
themselves and thn however unworthy "i c'dn j" re-
gard 10 The iar"Iahe impressions he wished !" make as
10 The prosperity OF the institution which he
much interested hp bs considered ndrsPua.
hIr 1ptrnrtr the point which all parties then con
coded, VIZ Mat The GOrtrnmsnt kept up gar on he
Bank
/ II will he remembered thai II upon this univar
sally conc, Grd uct that Mr. Ridde p,tdcaed hr clear
view which e had ,hrn ohian'd "t restoring the cur
tency aud tcuug sale aud permanent resumption "i
sp Gle payments Here is the letter Behold. and read
II and compare with The cry OF III" h'ling. nj ms day:
! .'PnrispgLFHiA, May 81, ls3S.
AMY In le',cr Of IL" Il" ~" .,,!ed my b"'eih
there could be s permanent ts"r'Ho specie payments
by banks un'r the policy Of tie G'sfn"' toward" 'ne" was
spccin Cirrulrr by Congress m thai eFqnc
until hao "o Scen, tie 'neGns Of reo"rs
~ c ycrv sincerely At the termination Ills unha ppy
,nvcy md shall cordially WIN HE Government by
prulnorns The hanks me- sure, eiec,an
early resumption of specie payments Throughout The Enron.
J NV ~; great respect, yours,
! "Ilon. J. O. Ap,x.. Washington"
Here ~ u pn-IIvr DECLARATION that the repeal Of he
Sr CT. order made the change the policy rf the
Goverru,rnI which euahlcd The hanks specie
| pav,n~n,s. SAFELY and PERMANENT Li Yes, Sojs
and permanent the wnrts Of Nj Bddc; aud n"w.
without any iurrher act The of the Federal Go
vernmrnt. within year and hail The date nl that
safe and permanent resumption etler, the Bank has
bed dow in heap of ruins: drawing after about
half "f The banks Of the Unlun Surely, The Govern
uent then should be exempted from blame for this
catastrophe; but nnt 6" Tie fact The United STATES
Bank organs here and elsewhere gave out the tune for
revival of The old cry against the Administration.
and already The pensioners are nj II. But this little
letter is The only obstacle which lies in the rnai
O these parasites here Is another sill more torml-
dabe. and o' recent date. We hllude The letter
81 signotinn the h'gir0 "t Nh Bdde in March last.
In that letter LIE declares his hank be prop,rGHS
condition. and The directory instantly respond thr
frmativr, Here. then, is The declaration al The Bank
auiucra mself only SIX mon his ago. that The Bank
Prosperous his IS hr-nn estappel-a Pr'clusIon Of
all old comp aints against the Government. 1t limits thu
ulaler-i0 PPpnIs since
the LETTER Of resgnaon-ro find The for The ail
ure bus limited, they are cut o from all attack upon
the Government and driven 10 the chapter OF
tons 10 find cut causes for which
thing but the regular sequence Of The msma
and prostitution If hr Bank since the day that Mr..
! thrv.s lrt II When he left il, honor. Judgment.
disnierpsednsss aud patriotism. all left ii;-and the
Bank has been snce nothing hut nest Of harpes-n
nest al pacls birds ne foul as they greedy The
resgnaoi' y. A!r Bddp last spring hm n desPrii"n
rs +" the prrS "i retiring rrp"sr aiier ahnrs which
Ind gIvFr prosperity II the Bank decpirPs body
He th u i. II run, and h. The day Of
] laslal knI.d LIZ L. ILo