Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-08-06

Lrb orss its cIisttncc union IF dSc0rdant ana "0
Tile Interests brought about by the arts Of poem 10"
naetment and Intrigue These are arts, NJ oly 70 u
employed by the minons aud ministers % p -
whose thrones supported by the prostitution .: p'u
lie morals. When those arts reach lhr1r i'".u''! -
this country, the Republic pcti>hes Inc An'e.'.;
masters the Peofie, who will decide lot ,s" sv; es
The next Presidential Election VIII reJecl ."e ,ha,
of those who win their way 10 office ny p'a ,.,;
tend general corruption and threaten ''e
of the Government. i, il
When such an administration IS 70 DC 'Pp"s.i -
c-,nns,o n =, ,b.re EXISTS such Andrew JACK
SON. To be the instrument in the HANDS OF me Pe"p
its overthrow man, whose purposes are ao. n zoo,
b. always pure whose mira ssen's ios him in
pmerosncies and whose splendid services place h'' ~
deserving public ia yor, mmeusurao!e o,sd"oe "
advance of all others To aid IN placing sucm ',a"'
from any party Of The Union al the heao o. POI
ucu,arIy 10 aid in ervatipg such man ''o'" Wy "a
live STATE il not only in accordance win my pHv%!e
inc;nnnns but would be fr, to b. part oil my Puo'c
duty. WIN sv ". oo,n,rrr,n
JOHN BELL"
re- bo,.irg here that he was in favor OF jackson ana
onnosed 10 Clay and Adams he was III favor Of me Nv
inc prnciples of Rrpubicnnsm rnd opposed 70 me ~
lrgues and c"rrup"ns OF the Opposon eeno's r. ,ro
so5 and CLAW were then they are now types OF Tue
o rrss, parrs that have divided The na:on ever since
The formation of the Government They were nno SUI,
o,e ne much The symbols o Republican ana Feue,a'
nr;ncples as ever were Jefferson and Hamilton. we
nre no man worshipper, and il is not with Inc men aone
,bo we have to d. but il is with their principles, Wmch
are The same now that they ever have been. Nnen
Mr. Rel issued The above circular and for several years
thereafter he was for jackson and with hepunicahs'
now according his daily CONF sslon and his a'e mo
night spfech lie is FOR Clay and with fedea,lsni. I'D
word THEN he upon one extreme q Tue pnhuca'
horizon and SOW he is upon the n'her eH'eNte :"
And vet Re has the remarkable badness 20 ase eeo
the people and tell them he has not changed aus Ptna
PIES cp,s,s
The article Transferred to our columns yesterday iiou
Ing
public mind nvorably towards the Bank OF England
il rcapulars The circumstances hch operated on ths
institution to enhance the value OF money hnu
The price of commodities We ATE told ihot exchange
was against England and the specie drained IRON the
Bank in consequence of ''he import 81 t0rngR can
from the Continent, and e rise IN tic prsce % c"'on
This las, circumstance, the article states "1tndcred
impossible me British cotton mills 10 wo6 TO adrdnoe
and Ia pagnf their debts aJrnad Gy The t1P0r! 81 TIE ma
nutarfured articles" Tins, ore told, induced the
policy of ucr. asng The interest money by the bank,
as prs MUM tain il in, restore II 10 fneiano'
and also The policy Of short work in The manufactures
to diminish the demand for cotton aud reduce ne price
From The Of The article and cleaLness OF It's sae
ments we have little Doubt but that il"&ns derived ny
the Boston organ Of Mr. Webster from some letter OF
that gentleman As the advocate of The great banking
and moneyed interest il is part OF his function ABROAD
10 reconcile all The jars which collision between Inc CTS
and trans Atlantic capitalists mig ut produce Inc Po'
Icy of the Federal party hos al.hys G'en Ia preserve
perfect conce, of action between ne m"nrytd aIislo
cracy Of England and the U 5 by combining theif
strength and making il c"r'mcn cause 10 warp me
Government and legislation of This country into sub
ssryiercy thei! political es "ei as ecnhaty
cnnouess were 20 be achieved 1T tie expense Z" the p'o'
pie. This consideration has always kept alive cor
dial sympahy between the British and American no.
nsgpts OF The credit system, and the closest nlinhce
on The part OF both with The Fe3prel politicians,
whose prncpits Of Government IN unison vita The
spirit Of monopoly WHICH cii,rsctcrz's The mnnryed
arsocrscy Of 10th cUnn,rirs The consequence 81 these
tendencies rhe ready recognition OF sort OF sove
in # Eur!a and he
dit system party among US They have difficulty,
however, in bringing Tie immediate and various pecu
mary interests at Tie State cUrp"ralic into subservien
cy their general scheme hrse STATE ihstit1lt0ns
Stand part like ndi9duais and competition in their re-
GUAR business is adverse 10 operation among them,
dictated by The will Of ;'rian 'cad To bring them 10
submission, National Bank: tasrd cn foreign well as
American cspal-E branch IN fact CT the Bank Of Eng
land WELDING absolute power the money mar
krt in The country by It's commanding capitalists asso
cailnD with The Guvsinmc ~ ard ireasuY-aDdi lis issue
oil the general circulation. To the establishment OF this
England end 10 assia,lute Government and blend
our being as nation nruch possible with Great
B:i,an has been and is STILL the great object OF the
anti Republican party in the Uniied States Hence The
Lahore attempts in the Boston Atlas ard other tedeIai
organs To soften he harsh measures resocd TO by Inc
Bank ri England to rnsina!n lis ascendarcy In DOING
this in the present instance TIE Ap'ocAIE. whose ,o-
minous pen, think, hos gwen lis IShvo ihe A'!as
from The other side of the Atlantic. is compelled, ndI.
recy 10 blame On p. ssonuge whom II endeaTors
to spare, by avoiding 10 name
After having attributed in part 10 ;he extraordinary
rss OF cotton, the late oppressive policy OF The BANK
OF England the article Of the Atlas says:
THE rise in the price of cotton above referred to- IS
supposed 10 have been principally brought about by
combination anorg The largest holders OF The afuce,
in which figured several Of The Southwestern non specie
paying banks. They resolved to keep their cotton out
Of the market, and TO hold on for rise, IT being
known that the crop Of le3S, as compared with that
Of the preceding year. was short come ihIee or iour
hundred thousand bales These large holders OF cotton
10 hold
loans and advances obtained from English bankers and
capitalists.
"Asa MEANS among other things. Of breaking up this
combination among The holders oil cotton, and OF COM
pe!hng the bankers and capitalists by hom they were
sustained 10 withdraw the accommodations which thus
far had enabled the stock hand 10 be mostly kept out
Of the market the bank rsored to lis usnn' course on
the like occasinns Of diminishing lis loans and raising
the of interest. The tendency OF lis operation 49,
by making money scarce, tc diminish The price OF all
articles and whenever the price OF cotton which is one
of the leading articles Of trade shall sink 80 low that al
The existing price Of goods abrcud the mills will
b. able to work to advantage is expected that the re-
newed expectation Of cotton manufactures will relieve
the mercantile embarrassing of the country and turn
the exchanges IN s favor Another great ohjec, with
the Bank of England in raising the of interest, is
alleged 10 be the prevention 4" any further loans at this
time American Sale Stocks, inasmuch as The nego
tatirn OF such loans, It's etrc, upon the exchanges
is equivalent 10 Just much additional 8port from this
Country TO England and Of course tends TO the
changes in our favor"
In The front Of this exposition of the of the pre-
sent arrangement we have COMBINATION AMONG THE
LARGEST HOLDERS THE ARTICLE WHICH FIGURED
SEVERAL OF THE SOUTHwEsTERE mon SPECIE PAYING
BANKS 1t il true, that combination and monopoly
originated the mischief complained Of but Why is
the originator forgotten and The public only told that
among "c largest holders figured sceral Of The South
,rcstern Bauks!" Did The Bank Of the United
States under the management, Of Mr. Biddle introduce
the banking corporations in the cotton trade driving
out the regular merchants and putting dawn all regular
and ssasnnahs dealing md this way bring about that
"ihnss urge holders Of cotton o which the Bank of the
United States the largest ,oere enabled to hold on
for high priees" Did not Mr. BIddle establish The
great house Of Biddls and Humphreys at Liverpool,
10 make them the recipients of the staple monopo-
lzed hrough the Bank Of the United States and
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