Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-07-02
POLITICS.
(Ernni The GLube. !

(From the Gt0be.)
When the principal leaders and newspaper organs
the Proleus Federal party, proiessed 10 have reln
ouished their old and cherished policy oil Bank OF the
United States knew that this wss but another turn
Of The old coat and warned friends that this mon
srous institution only held in allegiance, to be
brought forward ogsn whenever The proper period of
reinsta,ing il arrived
Tha, period has come. The Virginia elections are
over and the mask is discarded no longer necessary
to chsat the citizens Of that ancient Commonwealth :
We forpsaw, We knew it must and would be So a
Bank Of the United States is indispensable To the pur
poses Of the Federal party and that party ndspensa
BILE to the creation Of Bank They cnnno, exist with
out mutual aid and operation No Bank can possibly
be re established without Federal ascendancy IN the
Executive and Legislative branches OF The General 10
vernment and such ascendancy be attained with
out the aid Of The great interests concentrated IN such
bank as the late Bank of the United States, which
still held in combination. ready 10 be transformed into
their original likeness Such an institution is still The
f,vorie panacea Of those of the merchants who cons
tute the active agents Of Federalism as any one will
find by conversng with them hye minutes
If other evidences than these palpabe bonds OF mu.
tual interest and necessity required 10 prove The
determination if possible to reinstae The late Bank OF
the U. s the "great regulator and baance-whee OF
the credit system they may be found IN the paragraphs
extracted from the New York Evening Star, and other
confidential organs of the Fedora! party which gi
ven in the Globe few days ago These are the dawn.
ing, ofa revival fthe old cherished project abnn
doned and to be abandoned, which only laid
gina until the elections orer and is brought
forward to exercise its influence other pending cleo.
tons.
We had always our doubts Of the reality of The schsm
between Mr. Clay and Mr.. Biddc: Two such expe-
rienced politicians would scarcely, we conceived, thus
dissolve partnership at The moment their operation
was essential to both. We never believed Mr. Clay
was really in earnest when he cried out, "HANG NICK
BIppLE!' that he wished that good gentleman TO
be hanged. We could not bring our minds TO the con.
cuson that he would treat pecuniary and political
beneactor with such monstrous ngratilude. 10 short,
convinced that if it was really quarrel The
6ns result would be verify the old saying that "e
falling out Of iorsrs is he reneral Of lore"
1t is with this object in view that the Federalsts have
uniformly opposed every eff ,r Of the Democratic Ad
minis,alion settle the currency OF the country
permanent substantial basis and thrown every obstacle
in the way Of placing The puhlic moneys in state OF
security, in order by such course OF prevention as
Mr.. Webster calls this policy, TO create an imaginary
necessity for another great regulator and balance
Wheel All the uncertainties vacillntions, confusion,
and difficulty, resulting from their yward course
they ascrbe The absence Of National Bank, which
they afirm is The only remedy for a state o! things
mainly caused by the agency OF that Institution The
hair Of the dog s to cure the bite and the cause OF
the disease is to bring about restoration 10 health.
But if the signs of The times have any sgn'hcation,
there other be resoted order 10 prove
the necessity for revival OF this insti,ution-means
before tried and tried in vain. We ARE EcnEoi
oUsLY MISTAKEN IF AheTHER SUSPENSION IS NOT ~ cos
TEMPTATION Every Thing seems TO mark the approach
of such catastrophe which will furnish another occa
sion for demonstrating the necessity Of "a great reau
laor Of the currency and second time be laid TO The
charge Of the Administration.
But we the projectors Of this cruel and maig.
nant scheme that il will most assuredly reco on their
own heads "The jest is somewhat stale. There IL
no Specie Circular To which they can ascrbe The bank
rup,cy do of The causes now exist which they
formerly seized upon TO account for the catastrophe
The eyes Of The people are opened, and they are no
longer blind to policy utterly wicked and so des,
tute of every patriotic feeling or motive, that they woule
not believe it possible, until it became SO Papable as
be beyond dispute or contradiction.
But we warn This desperate and besoted party, tina
this second experiment on the crPduty OF the people
this appeal more TO their "sUFFERIEGs, instead %
their reason will result in consequences they little
tcipate. IT WILL BE THE DEATH BLOW OF THEIR GREA'
CREDIT SYSTEM. The people will not bear second PIX
pertinent of this kind, following SO directly on the heel
Of the first Human patience has It's limits, and those
who submit TO have their pockets picked, with to
lerabe resignation, will be apt 10 demur TO a repetition
Of The experiment if warnings could have any effpc
on party whose whole policy consists in series 0
desperate expedents without cougruty
adopted moment and the ne 1t abandoned in des
pair-if such party not predeslined to die Of III
remedies administered by its own quack doctors-w
would again and again warn them against resort
another suspension. IL they have no feeling for III
people, let them look TO themselves; if regard TO tn
honor of their country, the obligations OF integrity,
the claims Of JUSTICE restrain their experiments
human endurance again we say let them look to them
selves They may pull down the temple, but like SAnr
son, tney VIII pefisn unorr Its Fuhs
HoSoRARLE Ely Moons The Federal journal
seem TO take particular delight in vfying this dis
Gnguished member Of the Republican party. Whence
this concert OF abuse, evelled at man, than whom
ADLER, puier and more bameless not to be found il
Congress? Is H. first, because he has raised himself b,
his intrinsic merits 10 The commanding position which
he holds, from Tat profession which armed Franklin il
the cause of liberty? They cannot bear the idea tina
who had once been operative printer should en-
Joy the honors for which they claim sort Of birhreh
for their parasites md preienders We know that Their
not man who enjoyed higher personal regard If
the House Of Representatives than Mir Moore consi
Iteration secured TO him by his acknowledged abiL,y
purity Of life, and courtesy Of manners His areume1
against the cons,itutionatity Of National Bank, wn
pronounced by Of his opponents the s,ronges, which
has been delivered upon that question, and this is n,
eight praise from dsinerested source
But there 10 another reason why he 10 the peculiar OBJ
jec OF their berai assaults The manly stand which
he took in favor Of Southern rights, cannot easily be for
given by hose who were anxious, for political ends
to identify Abolitionism with Democrney His abb
speech upon this momenous question was hailed by tb
true friends Of the South manly and efficient yndi
cation ofther institutions from The csiumaies of c,or
and fansticism combined. was, an argument der;