Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-09-13


SINH, m man shnud be shallow and ignoran as 10
lend hns,il Ia scheme omin"us Tor the planting
States We spike of the threatened d hcit IN The Fede
raj income n deficit Which, if increased by The sub,roc-
lion of The produce OF the land saes, can only be sup
nI,rd nv a considerable augmentation Of the Tariff
This IL ns CLEAR The al nooh'day From no other
source can the be rrpr nished Accordingly The
high Tariff party, which steneo 10 De almost ueho LOT
some has sudd nj, revived and is showing its head
in v,;,uus par,s of The country The leading organ OF
in the rrlh-tbe Boston Courier-decares,
that no INN will be acceptable 10 assachusets WIN" Is
mt in favor If G Protective Tariff Tie venerable Ma
Thew Carey for hom entertain sincere respect
Ihonuh we do moi coincide his pnions, is ANNA
ted by the pro.vsc that regardless oil the SHOWS OF
eighty winters WHICH whlen his head, he hns leaPrd
into nrena and, in vfdIcalInn OF ms darling pr"'ec
live pulley d, es Ia The combat tEe lion Mr. hDttl OF
South Carolina On all sides hear opinions openly
e,p,cssed IN favor of considerable augmentation ci
duties; opininns y hch un very lately, seemed TO have
been Tennuuced forever
We now begin 10 understand more clearly Inc m"in
bi.rt Of The Frdl raI,s,s in forcing such
n, pdi,ures upon the General Government The effort
10 render il unpopular was scarcely an adequate mo-
i've BY itself 10 prompt such lavish proiuslon OF me
money OF the people. II is we'll known mat me Go
yernnp nj has for years vanly endPhv"red 10 fight oil
the eSravagant appropriations hlch nave been forced
upon II by n corrupt and sordd Opposition One OF the
principal for this tx,ravagance was, doubtless
the desire create necessity tor an augmentation OF
the :ariff The puppets may moi have seen this, but II
was well known 10 those who pulled The wirrs behind
the screeu And That This plot has not answered oil
the expectations Of it's contrves, We have throughout
the ranks Of Federalism simultaneous effort 10 create
large deficit by The abstraction oil the produce oil the
public lands effect the purpose and Southern
men thai u.s. The bpsoited pnrzans OF NhIggery, are SO
shallow and ignorant be thus delnded perhaps,
culpable deliberately TO lend themselves Tor party
ends 10 a scheme calculated 10 rob and Cypress The
South and ALLEVIATE her affections from The Z mon he
land distribution bill, we repeais direct bride TO the
States 10 let themselves be bound once more and forever
with The chains OF an oppressive tariff.-hto6e
TuE "WHlo" BASK AND PosT NoTE Policy -Those
who have honestly doubted the course OF the Democracy
in opposition to the Federal National Bank and f"si
MITE policy are requested 10 mark the conduct OF the
U s. Bank at this moment, and the "Reminiscences OF
those who were so recently lis political friends and to
read the ca pal article Of The Post the sub
jecl, copied into another column -3tbany .irgus.
From the " Y Ee Post)
TIE BANK AND THE MERCHANTS.
In his Poem on the Vanity of Human Wishes, DR..
Johnson enumera,es the calanilies which men oring
upon hrmsrlves-
when Yenyeance listens the Fools request
when their i'll Judged prayers are heard and their pre-
pos,erous desires granted An occurrence has recently
taken place in tins city. which illustrates the vanity OF
human wishes remarkably rs any instance Ielaleu or
alluded 10 in The Doctors poem
More than a year ago, population OF our most re-
spectacle merchants left this city Tor Ihadrlpha'-
Among them were of mature age, long experience
and much reputation for commercial sagacly men no
had grown grey in harness. and on whose brows the
cares and complicated transactions oil trade were VIII
ten almost plainly rs the accounts IN their Iedge's
Surely such should have known what they wanted
Their embassy was To that eminent banker, whose
broad aud bland counenance 10 plaster may be common
" seem adjoining pedestal and looking complacenly
the passers by, front OF Fowiers Phrenologcal
rooms in Nassau street They were instructed 10 lay
e,oe him the depressed and languIshing state OF com
merce in York, and 10 pray that he would be pleased
10 take into consideration and apply the remedy by
establishing branch Of HIS bank IN our city Ihey
were gracnusly received: they delivered their message
and Mr. Bidde kindly promised 10 consider OF II, but
dismissed them without any positive answer Not long
afterwards, however they were gratied WIN Inc ne
thnt an ASSOCIATION was to be organised III New .oR
under The general Banking law, TO act as branch OF
the Pennsy lvanIa U. 5. Bank IN Philadelphia The IN
teigence received with joy, The branch was esta'
bshed and the mercantile world stood waiting to see
the happy transformation which II was TO effect IN the
state OF their affairs.
transformation has taken place, il is true bull very
| different one from what antIcpaed-a change from
| bad 10 worse. New York now rings with a hubbub Of
complaints against the branch and It's parent The mer.
chants complain that the accommodations ct the branch
here instead of being properly distributed made
argp single loans after The example Of it's parent
They look the last returns; they find that the United
States Bank in New York has on hand 81 ,52l 537 IN
d-posites and 532 zoo specie while its circulation 10
but 1924 900; aud they complain that lis loans and DIS
counts amounting only 10 : 4US 9J9 less pro
portion 10 lis than those oi any other bank IN
The Slate They quarrel with the parent bank Tor dis
(
in The cotton trade 10 the exclusion oil regular merchants
and they quarrel with The bank here for acting as It's
/ insrrumen They exclam against the base currency
OF Dos, notes which these institutions are throwing lnlo
the market, kind Of paper Inch those who deal with
thu bank obliged TO receive al par, and which ime
dIaeIy falls To discount OF per cent and hail. or
more per month. They accuse them OF selling bills OF
exchange England with view OF obtaining balances
against the New York banks and then demanding these
balances specie by which operation The banks 81 our
in heir
duce their discounts In short the Oulcry as great TO
say the least that which ascendrd from The marshes,
in the ancient fable, when Jupiter having been npIor
ed by The frogs grant them monarch OF some spirit
and activity srork who entered upon his reign
by sckinp up his subjects with his beak from am"ng
the rushes and swallowing them alive Tor his breakfast
The OF these complaints is, that they are True
The worthy gentlemen who went TO Philadelphia on the
embassy of which we have spoken, have received an
instructive lesson the vanity OF human wishes They
find that they knew little what they really wanted, as
the frogs when they asked for monar ch Of spirit They
see last that associations of capitalists. welding vast
resources armed by law, with peculiar powers and
| vrerogatives make wild work with trade. They are the
upper and neither milestone between which whatever
comes, is ground 10 powder
| The time has been, we admit, when the mercantile
class knew well what they wanted-relranc on their
own skill and Industry and the absence OF interference
| from without The answer they gave 10 The French
Government. when they asked what could be done
for lheRl-"Eel alone, was an answer, IN The WIS.,
dom and seIfreance Of which, there is KIND OF moral
subirnty The same class now cry out with Dr. Caus
! in the Merry Wives of Windsor
by gar, lie shall clappc-de.claw me;''
and they have been clappefc!awsd with vengeance by
,hose whom they bndiy relied to befrlend them
We can only explain this fatal mistake, made by class
ho are commonly sagncious in discerning their
Interests by mputing il In kind Of epidemic aliena.
lion of reason. Whole classes Of men sometimes go
mad together. There is an old story OF q patty OF
Greeks drinking together in house who suddenly be.
came possessed with the idea that they on ship
board in and began throw ing the tables couches
and wine jars Of The windows to tighten the vessel.
From The Albany 7rguS
BANK U PnsT NoTEs We have had of late a
beautiful illustration OF The Pos, Note syslein These
bills ha We been sold not like cattle in The market, but
like beef vergng faint, from 10 10 lS per cent
year discount and it stands the community in hand 10
LIZ