Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-10-29
Their for the People, is downright nonsense, or porse
kecauSe. let u be dlslncilx hnIne

nright nonsense, or ,oorse =
borne in mind, (Which cir
e erfu-rri'y 10 lis uirurs:~.
nd chlecl IN l.I! nasuoi
: People. bot that Cf iI" Go
In his speech. whenever he
ho word "G0cernmtat" and
ollows or precedes it.
Iow attempts to explain away
appealing 10 the phrase "as
Dn,emporaneous HISTORY
peaks IN u voice al thunder
another unanswrrahlr aruu
" Mr.. Clay, on
id "A member mot now in
uggssled a scheme which j.
u circulation, aud TO ieSor,
I'D MONEY A more wild
never entered The head al
on the 20,h Of January, 1884,
on is that which was made
rom Virginia (Mr. RlVES
himself 10 bring forward a
bircl TO DO AWAY with
TOGETHER aud 10 return
e CURRENCY. | do not
er will find much support in
ere gold and silver currency,
OF paper, is not suited to the
hing little too antique, too
we'll think Of going 10 iron
as The gentleman hopes for,
Ird its attainment as utterly
!, is the true version and con
famous Speech; such is the
ven 10 il al the tine by Sem
which its author suffered 10
port Of their speeches was
? wspaper in The cnnniry, and
adIct a.: ~ hen Mr. We"c,r,
yes was PRESENT. " by,
undecive him? " ny did he
he had Inexperienced him:
more words upon this branch
.st and intelligent man can
!
sury, then, is composed of
lst-h proposes 10 eoiifct
re attogsther, after a certain
n proposes 10 entrust The
the moneys thus collected 10
sc propositions were ably and
Mr. VIM e. Rives in 1884.
lis regeneration The more
,in an extract from his speech
ilh his speech of 1884, and
hanged With regard to the
Treasury, which proposes 10
lie in specie, lei US see wha,
, Extracts IF a Spseeh dehrrrGd by
I'm. { kirsS, Eeb. 9Th, ISIS.
! ''lt may, 1t Is true, be quite
agreeable 10 the oiIiccholders ind
other recipients Of the bpuniles
OF the GorerHmcHt, To obtain their
smoiunrnts in u better currency
than the common currency of the
people; but, surely this will be
hold no legitimate consideration
for legislators aud statesmen
What END, then, is TO b. an
severed: What object 10 be pro.
NOTED by the introduction OF THIS
anomaly in the history Of lrsisIa-
lion' Is ito carry ont some heo.
,ttifGi dogma7 Some mere CON.
MONPLACE OF pariys f. il, in
short, 10 satisfy tho NOTIONS
couchcd and propssa,ed underline
we!i-soundins phrase, cons,i,u.
,ional currency.
;. ~ ask, then, what is meant by
rhis phIascs Is 1t meant that no
otter { CURRENCY Is constitutions
al bnt GOLD and SILVER: IL
$50, 1 deny tho pruposiiion. BANK
NOTES A. CURRENCY ARE
As CONSTITUTIONAL As
GOLD AND SILVER. The
Constitution, il is trgc, declares,
that in. State shall mako any
l,hing hut guild and silver coin q
tender IN payment Of debts. This
was intended 10 establish un ulli-
mate standard OF rilre for he I'D
Iuslment Of contracts, where The
parties cho.e 10 insist on the
',rictncss of legal rights, hut not
10 prevent the States from aulho-
.lri:InS convertible representatives.
of that value TO BE- used US cur
rency, or Il common medium. Of
exchange and circulation, in the
Ordinary business Of life.
State Bank notes. then, bcin: -
sued in pursuance of an IN.
QUESTIONABLE CONSII.
ruTiONAL A UTllORITY,urc
4 constitutional currency, us well
as GOLD and SILVER. II is
true, n creditor cannot he compel.
! led TO accept payment oIhis debt
lin Bank notes, ii he object to do
ing so; but this does not h,irc,
Itheir character as currency, us
common medium oil exchange and
30 Bank uotes from being final
,'and complete discharge Of the
debt, if accepted.
"But, perhaps, by this oft-re-
! pehted phrase, it is meant 10 tr
implied, that there is SON specia.
CONSTITUTIONAL ORi.lGA-
iTlON ON THE GOvERg-
NEWT to demand lis dues IN
GOLD and SILVER. There is
as little foundation, however. for
this notion, as for that which !
have just exposed.
"The nvERNMENTis ike
every other creditor. /, has the
p0ner, as every iudiridudI crcdi-
tor has, lif il chooses wautonly
ito exert i, and Ia recur 10 the RI
cor Of s.rIct risht,) 10 in~i.t on
,tp3 PAYMENT Of its DI ES in
GOLD and SILVER; but, as an
individual creditor also, IL may
waive its strict rights, the stern.
ness OF the smrmGm jus (which
we are tod Is most frequently
sHmma injHrm, AMI receive It's
dues III The same MEDIUM, which
individuals aud the people By
common consent, use for the a.!-
iUstment of their Transactions -
This il has done from the adoption
T Of the Constitution to the present
, dny, aud never heretofore. with
any question Of The CONSTITC.
.TIONALllY OF the procedure"