Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-08-13

The Charleston Courier publishes 'hnt ror'i"n OF the
address If the Wing Central Commute re, OF ,b, ns"a
which refers 10 Mr.. Clay and arPrhns 70 ~ 'n'ous"
correspondent the following remarks
.Tha yoice Of Virginia is he voice OF The South L'uR
Al the SPONTANEOUS outbre6kngs ui P"puaf iee"ns o'
tie Fourth! Van Buren, has had ms urn t.oa''o III
' md term of wears for the PIesidency-ihe De
or,;c rple laid down By Jackson and Van liuf'nj
rh couutry has called for Clay in lis lime OF trouble
!. nov seeks 10 honor INN in irs day o! prosperity he
Inn serks 10 reward ils o's' s''"'i WIZ a' "o'
, cd most and longest without day.
Tb Cuurie, has mora than once. DECLARED
il. pretrencs for MIR Van Buren,. 1t has no feeling IN
common with Mr.. Clay. and has s0a 20. ana more
aver il especisy drclarca tie Gay alter me aooV' hp
ueared that il did agree wh iie sentiments "i US
rWhia'' CORRESPONDENTS The Cou'i:r is liberal enough
70 adm, The .usons Of individuals holding antagonist
pncipes- but mos, assur*dy IS not 'eSponsoe ,' ,e
nninons disseminated by these coNefp"noFn's IN WIS
,a,,;cpar case indst The dior OF The Courier hfto
his Democratic friends !" enter II" controversial are, "a.
and grasp the "Dern0cra!ic spear ano oatt WIN '''
"Whio" couespondpn,s-seiing' that he had cien done
SO himself and esch"wed their sentiments 10 's 'an
THE COTTON CIRCULAR.
We publish, in annher portion 81 this day paper,
ci,cupr address, to The Gotten Planters, N!rTchh's
Factors &c :" tf the South and South West, ru i"h
a, the city of New York July oh, and signed ny '"ur
teen Southern gentlemen seine OF whom are hB"y us
tnpuished aud al OF great responsibility. ;.
The naper is able a:d Ingenious: but we are nor qir
sure that i, is mt soplisrIcul in is rrason'ngs AT oil
events in these latter days OF o"nShinc 9"y anu 81"
perialve humbng, are induced I" lock upon every
new made scheme with The eye somewhat o' suSP'c"'",
and certainly Of close scrutiny
Tie last FIVE wears Of Southern History IS so aught
with spfcu!nlnns as truly TO present gh'i"i picture
to the honest aud straightforward mind; and The r'c
,ia0ru me eiings. and the gjilF conrehnhs ara Tue
bong winded rlrc:i"uecTnE speeches mace III 'h"Se
meetings and conventions, have So nearly iPsu!ho IN
smoke that projects emarating even from gentle
men IN whose wisdom ard experience We repose hiGh
c"nf,!ence ars naturally subjected 10 doubts aud mas
givings.
10 ha " been Ia control and wle HE slap cnr0dIiy
Of The South which in the language O! The Circular,
has passed from the condition o mere article OF c"'n'
urrre 10 the performances "i the mighty junction {" ne
ing in great degree HE regulator :" exchanges and
,hr standard uf vulu. OF country But, We cannot
adm, The argument held in the preamble Ut The Circular
that from The uir prmGnciGn ni THIS staple II las
Sod beyond III" reach and capacity "t "usnerchnns
end 'tIp influence at the ordinary laws IL trade
THIS argument wears Ihr s,mbsnce OF plaushIhiy bat
is umt bnonrrd on common sensc "lhe cotton crop,
when .not txrpe.ing 800 GGu bales WAS considered
ne IAN article nl barter ard exchange" "hirh might
perhaps be i, with safety 70 III" management 81 me
merchant; but now. 81 UEwle'dly is 'hr amount ~
the great staur al Southern industry, TINT The mer
chant cunrn, hsnGr II; the Ranks must take hold -
This ewnker,s susp,c"n We have never YET sfen
any subject o. zee loo bulky 10 IL managed by
The pn,ppStng American merchants; ihrs Is no mean
ambition coiToctsd vIew-rn shallow intelligence:
as class ut men lock upon them entirely COM
prient TO the wise and judcIous management n what
hrlurgs 70 commerce. mrichnrdize. or barter and
exchange whatever Re is magnitude or ii-
poriurcr BESIDES urun hal principle Of equity could
so unwattar'ahe an in'frfrncp with Tie legitimate
business Of lie merchant tie justified on the part oi The
Banks; Never mas The commerce Of the country pro.
crossed with much accuracy and been so prosperous
hen each department was cnnnfd strictly, Is own
appropriate operation; the planter growing the
staple: the mpchhntto luyirg the same and selling his
goods The Banks purchasing The exchange drawn
by III Suu,i-n hsut the Northern factor Wssee
no good reason why The banks, ny cnmbna"n of pnw
et sond rnporza the whole COTTON operations o the
9oih ard Sy,!:h West. Whenever they do, commerce
will 3rcon auG die and The merchant S compiling loom
y i'll hrccu;e deserted castle. he hanks. i, is r,o
uosed shall issue Post Notes. with which In purchase the
coiton c The cnua,-v and when II is shipped h" bills Of
lnding ard policy o! insurance.. 10 Be sned
10 the banks What, tisn. viii br the result in Of
general failure oflhe backs: The cotton has to Eu
rope; the paHers pockets are u'i Ct post notes Tie ner
chan, ard ms chanc crow ded with rhrm- he wh"e
corntry is froded with these mammoth hnp!aseis and
another fu crisis 'han Eastern SirGccc, will
pass over the land. This proposition locks much. very
much like 'snirenchrg the sia pie commodity oi The
South, "hehind The guard Of a speculative mnr"p" y.
We may be mistaken. ard fully open TO conviction.
Our limits conne Us for The present To what We have
written above and will cose in Ire language Of The
Circular by nyilinga candid examination CT the Z" hole
scheme "
II is proposed that Convention shall he held al Me.
con- Genrga ON tie 22G Il October next FOR The rur.
pose Of considering Ibis ST. Yct both in detail and
tense. We hope Florida VIII send Delegates.
Tallahassee Star.
THE BAsK ESGLASp Console rabie sxcitemeDt
and alarm having bren cra,rd in The English CONNER
cal world. By men in The Bankers Circular
and many of the London newspapers, that the Bank of
England had refused 10 discount for joint stock banks
end und cotton spscuaiors, MIR Atwood took
sion in the House Of Commons the 9th instant 10 re-
fer 10 the subject, with view of ascerainng whether
the statement in question was true. Sit K Reid. Co.
H. and
on behalf Of That instiIution all intention To impose any
such restriction This dsayowa which, from The hic h
character Of The individual making it, may be received
with implicit confidence, puts at rest all fears that any
invdious distinction will be made by the Bank OF Eng
land regards bills of exchange connected with these
important commodities
The course pursued by The Bank OF England in con
tracing its discounts. and augmening rs rate of int.
rest should opinion be retired 10 the suggcs'ons
Of wary policy, unmixed with hostility toward any
particular branch III trade.
Daring the same drbae Sir John Reid in referring to
the glnomy condition of monetary affairs, said:
"lt was his firm conviction and belief that the pre-
sen, difficulty passing cloud and Tim, this cloud
which overiung them he'd not been produced by any
action Of the Bark, but by nothing less thar
by the balance of trade being against them He knew.
as a merchant, tha, the trade nf the country i'm.
proving; he knew asn that The exports look place
titir money would be returned; and he had no doubt
no more snxriy-ahnut seeing every thing recipd
than he had Of seeing the rise 10 morning "
H. y. Times.
No RI. or THE BAHKs-The article which We yes
terday rcpubshrd under This title from the Cube MAY
b. regarded expressing The views OF The Demo
cratic parry. That party which by natural instinct
includes The less slueni and lahorinus Portions
the community, has nothing 10 gain by The obstruction
nf cred, and The suspension of specie payments II be-
lipvrs that however vu'ed may be The currency ilh
which our Banks furnish is better infinitely heller
than the shin plaster circulation wh' would be It's
substitute The men whn were cheated Of their hard
earnings by the paper Of two years ago. by
who re in The Penen'iary and those who vet lin
ger in the softer embraces cf The Law. have full ecn
lection Of the machinery by which the fraud effected
They do moi wish 10 city corporalrcn and every
pawnbrnking hucksier whom its example could seduce
becoming agnin a manufacturer Of spurious money
No, no: Banks require regulating but such re-
gulaing as This Like The fox in the fable The flies ha