Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-01-17
AMERICAN MERCANTILE INTEGRITY.

We pubI!s!led Yesterday among the items OF Euro
pean intelligence which stated The TACT that cut Of
bills the amount OF two millions OF pounds sterling,
which had been sent TO this country by the Bank OF
England for collection, all had been paid except iour
hundred pounds and that of This comparative TITLE,
portion had been secured and the balance would be even
iually paid
What commentary do we here find on the vile as
PENSIONS cast upon the American character at the time
Of the grcat panic by the London Times aud other br
.ish prints in the same interest: Experience shows
that Of evil good frequently arlscs-nnd never has
there been striking Illustration OF the truth OF
the observation than in the under consideration
Tie coune rca! disasters that like tornado swept over
The trading community at the period named threatened
10 pros,ralr rrevocChly not only the credit OF America
hut lha, Of the whole world Houses which had stood
proudly pre- eminent for The prompt discharge OF their liza
bries found themselves obliged To yield to the over
heming ruin, and il feared That many years would
be required TO rensa!e matters in the condition in
which they had been found at the commencement oi the
Storm fl was even supposed, that in country,
Notwithstanding the vast recuPeraiIve powers winch
it was known 10 possess, onr mercantile men would
require long lapse Of years for the restoration o
Their credit and would be obliged 10 await the pro-
duction Of several successive crops of our great STA
pics before they would be enabled 10 cancel the vast
OF Indebtedness with which they stood charged
How nobly and satisfactorily has the iallacy "f such
opinions been demonstrated Within short space Of
time comparatively short, not only have our merchants
shown THEN willingness but also their ability 10 meet
their liabilities, and of ten millions Of dollars held
ny single institution find all but Two thousand dol
lars Of This vast amount paid in two years. Nor were
these demands for payment made with any particular
regard to lndugences. as might have been expected
They presented furder ordinary circumstances,
far Informed, and satisfied At maturity
Nor is this all Circumstances had rendered suspcn-
sion Of specie payments by the Banks indispensable
the par! Of these institutions No did The first
impressions Of this measure, much defrrcated pass
away, than steps were taken to secure resumption OF
payments in coin and before the expiration Of two years
find that object effected
To attain this desirable end il became proper 10 cur
tail as much possible all paper issues, and conscqusn
ly 10 diminish The facilities which, in different state Of
things would have been fully extended 10 the trading
community Notwithstanding all The odum heared upon
Banks and the dslrusi in them created by the misepre-
seralicus OF their opponents have seen them,
before remarked IesumIng specie payments, and at
length, almost as if BY magic ready TO pay their lab
tirS If Qured, in coin. TO what this wonderful and
honorable as il is wonderful effort the part of our
people be attributed, To the deep of moral
obligation implanted IN the bnsnms of cUuntrymen
not suffer themselves 10 be dspirtcd and cast down
the unrpg enterprise and unirnching energy Of our
people, hich disasters could nvcrcome-to the moral
ccuIcge which induced those who indebted
Gel old liabilities before they should incur ones
and above ALL to the producvcnTss Of soil, which
cast up from lis prolific bosom the whereby the
ability has been furnished 10 do what honest upright
men, merchants felt themselves bound 10 effect.
VIII the presses Of Europe, that cater for ignorant
pre- udcrs, now venture TO term people 'smind
isrs or will they feel ashamed of the contemplate
want Of hedge, that could induce them attempt
10 air stigma /" the name OF Americans Nor has
the United States Bank Of Pcnn.y vana been without
It's need Of praise in bringing these things pass
That institution. with bodnsss and liberaty with
parallel, stepped forward, resolved sustain the
country in lis hour Of need to fall amid the general
ruin BY the wise policy Of that establishment were
the wants Of the Southern producers supplied whilst
the European specu'ator was prevented from taking
advantage of their neediness For this wise course
the h1nk has been assaed abroad its motives isrrp.e
senied and lis objects miscrns,rucd Charged with be-
coming dealer cotton, because il dared to run the
risk Of loss in taking tie products Of country in ex
change for lis paper and placing them in foreign markets
fair prices ggrded The caumnes uttered acGir
IT, aud has succeeded in preserving TO people the
ability 81 rfsCting what they have done and are doing
The same which induce foreigners 10 dc,ract
from The merits Of such policy, should make every
American appreciate. deserves, such self devotion
tn the public gond-a devotion that we'll entities those
ny whom wise eSPsdicnt furnished the last
ing gratitude of their counlrymen - BaL american.
INDIAN INTELLIGENCE
EItrnct r. letter 10 a gentleman IF dis city, d~ted
"TRADERs Hill Dec 81 1873
81 returned last night, having been with ---, on
march into Florida about 30 miles beyond the line as
Tor as the Ocean Pond small lake about three miles
n length, and two miles wide Some Of the indians
having gone to Florida, cndeavored 10 intercept,
them, but could not any signs. few nights
since house burnt in the vicinity of this place.
a detachment is now in pursuit Of them, but they
have so many hiding places and so much ground
covered with water where their trail cannot be follow
ed that il is very difficult 10 come upon their camD