Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-11-19

l. :. -.,,,IkabIe indepd thai The New Haven pro
pie after having been siung so badly as 'hey were oy
Eagle Bank post notes should nave taken ho'a al al
Of similar paper issued und~r similar circumstances,
by the United States prnns, lvanla Bank But there
was strange inaiuauom N the very uaine OF bddie
Bank especially amnog the Federal Wings, that nothing
for while could change. Eut some Of them are slowly
coming TO their The pnst notes are oehg
protested They begin 10 look about for The "hefe"o'
that is hnssY 10 make them good. aud are ho h 'u.
pleased wih the result Ia Nhic The figuring of'nRs '
They reckon What in this way h' cap"al v VIC
Ri mas u ,;ll;o,s al tnll,rs But ron The capital,
35 600 O0G deduc, the cost Of bonuses Tor the
ch,r,ex $G,UOO,OOO
Paid 10 the U S and stock held ooo
in the old Bank I,uuuhuu
Stoning lon railroad (unavaiiaole) ISouuon
Vicks burg stock do aoO uuo
Mobile loan, usury plead to it SUZUKI
Loss on Si0000,Gt0 of State o
stocks by depreciation lsoo''o"o -, -.o coo
How much besides The above has been osl 10 'he COZ
ton speculatons-hnw much IN selling out Tue distant
branches Of the old Bank. South ana Wesl-now mug"
in loans 10 Editors like the 80 600 TO Webb * Noah
how mucb in bribnp the five Senators, when The char
ter was got lhroughhow much ~ buying pa'e iof W.
Bidde table-how much 10 loans 10 bankrupt poi'i'
cans-how much inexiravagant rates OF interest 10 fase
the wind on post nutes-and how much more Is yet 10
be los, BY pleas Of usury, like that the Mobile loan
can only be determined when these complicated affairs
shall be wound up Never before did any institution
having any thing like the confidence Of this get It's con
q
Biddle all this whle' There he is, 'calm as summer
morning" amusing himself in bis costly drapery, and
eating his dinners from silver dishes tha were present
ed to him by the unanimous vote nf The Directors toi
the unds of the Bank token Of their high regard Tor
his valuable services. lie the cloud gathering SIX
menths ago and knew lh.t his ship was too rotten 70
meet IT, He therefore took The yawl, abandoned ihe
ship and crew. and with vote of THANKS IN his pocket
now feeds from silver aud raises grapes IN hot houses
Il is folly to prelend that th,s calamity would not have
bappeoed if the Bank had been recharered by Congress
instead Of PeBnsylvana Mr.. Blddle declared II was
stronger THAT was The word stronger under its State
charter than 1t was under lis Congress charter II had
the same capital the same directors and the same master
man at The head Of it, under lis charter that had
under The old IL it could regulate other banks as
we'll as before il surely could regulate itself as well
If its capital had been enlarged 10 3oOooooo 0,
500 900 900 by Congress, as proposed oy us reoerai
friends lis powers Of mischief would have been only
10 tina, extent the greater; its cotton specula"ns more
uuaB its post notes would have been poured out 10
bigger patches and the crash off fall would have been
The more widely ruinuus If this Bank were out OF The
wny or rather had never existed the country would al
the present time be prosperous and comparatively happy
1t led The way in the panic suspensions oi 1851, ana
was the last afterwards 10 resume specie payments IL
was the sole of the present Suspensiun us lar
il has gone and is directing us efforts TO inouce al
the other Banks 10 suspend as to cover up IT'S own
iniauities in ruin. But ~ THIS u VIII iaii
The sound banks are not to be fooed into compliance
with such wishes Public opinion will separate The
sound from the unsound the wheat from the chat and
those who make cause with the bankrupt mon
stes will be discarded every where BY honest men.
1Nr,c Harsn Register