Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-10-29
Politics.


BALTIMORE Oct ~
D.mo.-oc, oaa;u Triymphcpt An election was held
yesterday ia tI,s city, for The choice of two nieubsrs
from each Ward TO the First Branch OF the Cty Coun
ell From The statement It VIII be seen that the Den,o
Gratis ba elected their candidates IN seven out !" me
10 Wards giving US a majority OF four The Second
Branch which was elected last year, contains wing
majority Of The Democratic majority 10 JOINT ballot
he which the Mayor Nominations at officers nave To De
confirmed will be two TIE Monumental city Is re
deemed.
Tar Su,sp1AsrrE BILL-Our readers have seen tia,
the shnplaser bill which has passed o"th branches o
onr CITY Council was vetoed By the Mayor, and rot
HAVING afterwards received the support "' three l"urs
OF the two brsrhes, has proved an abortion we are
reioiced lis uus; ard YET although there was wing
majority in both branches and although IN" Ilayor IS
Wing we are much Indebted 10 the " hss Tor the 1871
IRE The Councils called together hs the Nav r.
with special view 10 the passage .! snci b!i v ing
majority in both branches voted III iivor o. IT, ana II was
the neral expectation that The Mayor would as max
Ter Of course have given lis sanction But TO TIE
neral dssnpoinn,en he has vetoed It The reason as
scueG by HIM for withholding his SANCTION one among
the curioses OF Tie rrs. lie expresses no "bl'C""h
10 the measure the ground OF It's legality or e1psdien
cy hui he has placed las veto brcause II provided
for the appointments of the Commissioners 10 sign the
certificates By The Councils instead Of The Mayer The
natural inference 20 be dra@n ir"n the circumstances
of the case ia that the Council in passing the b,I hla
no confidence in the Mayor. and therefore refused 70
o. az ess s re- a q f from ne
provisions Of the bi and the Msvor. h'6 part had
no confidence in The Wing impurities IN the C"un.
cils and therefore vetoed the bill, IN order 10 prevent
their having opportunity 10 maze The appointments
or that lie has vetoed means Of avengns The Of.
fence.
The Editor of Tie Chronicle, in noticing the matter
saws: ave mol prepared 10 sty mat We rtgTel tr
result This is something o! expression ana
means neiths iins nor another he does rat say
that he regrets the failure does he say he s pleased
on account of HIS remark about as curious as The
MAYORS reason for ce,o,ag the bl and why is he E0'
In iEp
Loco Fpcos in the Council determined 10 ske The issu
ing of certificates party question, &c ana "a new
Council b. elected 10 day. an We sna see what II
will be ready TO do Ii was unnecessary Tor the Loco
Focos" as he chooses 10 den"mnae the Democratic
members, do any thing TO make ~ party question
The Democrats US party, ore known 10 be opposed
TO the shinpasier STEM and u was therefore, party
question without any ti"it their part To ~ re II
so apoear The Wings by giving support 10 The mta.
sure made it party question Gs much as the De
mocrats did by opposing Il: AND what did me f.di
tor OF the Chronicle expect the latter Go: Dd he
suppose that they would violate their principles, and
oppose The wishes o! The pafy 10 which they ure attach
ed by giving Their support 10 this wing measure: II
he did he has been Disappointed. ana We rejoice on &c
count Of it, lie wished il would seem, the success "i
the measure but he did not il would appear wish that
his party whose and which Is the result
Of their doctrines and their other measures, should
bear the responsibility. The Wings having prnduc
ed The present state Of things, and having rendered
il necessary as they would have The public believe TO
adopt The obnoxious espedient TO sustain them in their
miserable SOM mes, il would have pleased lhen wei u
the Democratic members Of the Councils had suhereo
themselves 10 be moulded into instruments TO accomplish
their purposes BY means which could not fail TO be con
demned But they have been ioIIed, IS We hope they
always may be- in their conlfrances 10 inJure The many
for The benefit Of the few
The Editor Of the Chronicle INDUCES the hope, that
the new Council may be induced 10 carry out thus Ing
money measure. Ii the Democrats can be induced I"
give their support the Wing measure, and suffer The
responsibility upon them, while the schemes oil
he nayh he here ACCOMPLISHED II
latter very we'll But trust That they will be found
10 have much regard for their principles and be
found made Of stuff too stern 10 be employed tor any
such purpose. Baltimore Fepntiic6n.
THE MONEY PaEssrRE In looking about fer the
causes Of the pressure which grinding the commercial
community, the CHIEF imme date would seem In be
the position Of the Bank Of the United States Of Penn
sylvania, as a borrower on both sides OF the water
Some millions sterling have been taken by il out OF
the English Market, already severely pressed by the
effects short crops-and TO meet these and other
gaEements millions of dollars were abstracled rrs
This ma ket, and that too at time when the pres su
in England had already occasonrd some pressure here
Under these circumstances, banks, act OF self
preservation obliged TO conlrac, the issues and
discounts.
The suspension of the Bank Of the United States al
though operating relief TO the Banks here and Il
the Eastward necessarily produced arrangement il
the Exchanges, which not only aggravated existing dIi
6cues, but by arousing the fears Of many, compelled
the Banks to keep themselves strong enough TO NEE
lne Contingency
It only Jus, TO this community to say that this state
Of Inconvenience and pressure has been manuly sus
tained-and now with leSsered engagements, and
small foreign debt with the crops ready 10 90 forward
We may look, speedily, that the Exchanges viii he
turned in favor.
Under such circumstances, The course for New York
and for New England, is written in letters Of light
Persevere, persevere unto the end The Banks must
and will do whit they relieve the pressure and
individuals aust aid each other: but the main object
that OF keeping their issues within their own control
must no, be for moment los, sight OF by the Rarks-
Their usefulness and credit nay their very existence
depend such course. They may rely upon The
hearty cooperation of the community and of the Go.
vernment, both State and General.
Every rejecting man must perceive the incac liable
importance Of preserving sound standard Of value
whereby to estimate property and as sailyng p.n,
for suspended institutions. Philadelphia itself is deep y
interested that New York should sustain herself Tor
then Philadelphia has aid al hand TO promote and
facilitate her own resumption.
To Boston and the manufacturing interest it is even
more desirable Who, indeed can calculate the import
ance to both New England and New York, of preserv
ing their present position, and maintaining under all
circumstances, the soundness OF their cuirencys
Look but al the two sides OF the picture Undoubt
eddy, the actual state Of things produces The seyeres