Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-04-14
Louiia Co., Feb. 18th, 1910.

TO TIE EDITOR OF TIE ENQUIRER
Mlhe above copy Of the original which transmitted
l.hed their paper, mih have bevc has beef
done. VIII You give II an insertion in III" Enquirer,
And oblise Your friend, &c.,
Louise Co., March 18th, 1870
MEssRs RrcniNiX ' AXD DAVIS +; e''''''"
! The attempt of the Federal Wings, through the in
strrncnalitv of John Davis. of Massachusetts, 10 r.
present. the Honorable James Buchanan of Pcnnsvva
MIA and with him the Democratic party as adyocatin.
system Of measures calculated and intended to reduce
/ the income reward If the laboring of the cnun
try is of so eitouS character and papaby absurd
hs it is difficult 70 know how to treat it in any oth"
wa than To- oppose to ii direct contradiction. TIL,
chrge, come from whatever quarter it may, is false
AMI it seems to me, that before Mr. Davis expec
to believe that Mr.. Buchanan deliberately ut
erd The sentiments and doctrines which he has imputed
to ,im he must first prove that he has lost his
an, become dcrangcd man. This, it is appre hcndcd
he will hardly undertake 10 DO especially since Their
! latt encounter in the Senate, when Mr.. Buchanan
chrged the Senator from Massachusetts with wilfn
peHersnn and representation of his arguments; and
III the Judgment of every dsintcrcstcd and unprrju
died person present, fixed the charge with all the IN
fanny of falschood upon him.
There is no man, of common understanding, can be.
lrve that any politician or Statesman in this country
esecialiy ylvanan, could advocate such sys
ten of policy without first having taken leave of his
serscs. The Democratic party is every where, and
especially in Pennsylvania, composed mainly of the
aborng and productive portion OF the people. 1t Is
but 4 snail number comparatively of the over wealthy
of tho,e who large owners of Bank and other
stocks; If those who 1--we by speculation, and by the
OF tscr wits, without laboI--that belong TO this
party. h is the laborng part of the community
and those in the medium condition. Of life, in regard
to property, that the friends of Democratic principles
rely, aud ;lways have relied, for support Yet not
withstandng this, Mr. Davis and his Federal allies,
would have the people to believe, that Mr. Buchanan,
and those who think and act with INN, are IN FAVOR OF
measures intended reduce the reward OF the laborer
and 10 Mage him in The most miserable and AFFECT con-
can believe tis. Could Mr. Buchanan, or any other
man in his senses be guilty of such inconsistency and
folly; First, TO advocate measures destructive of the
interests and happiness of people, TO tell them yom
tended your to have this effect; and, tlcn in
the next place. round and ask these very people
10 support YOU in carrying out this destructive policy
Could any man, but IDIOT a mailman, be supposed
capable Of such absurdtv, and of pursuing course So
suicidal 10 all his political hopes and interests: ap'
neal TO all men Of candor and common senscand ask
can Won believe James Buchanan guilty OF such glarng
and destitute of political sagacity and
common understanding; Can you believe any man or
any party in this country would be SO foolish rs to avow
and advocate policy intended to produce such results
as Mr. Davis has attributed to him: am sure the
thinr is too absurd to be believed. The very attempt
10 induce YOU to believe it, in the face OF facts and
common sense, shcws a reckless disregard of truth
and The contempt in which thav hold the intelligence
of those they wish TO deceive
Mr. Davis il is well known. is the representative OF
New England Federalism and Arlstocracy lie is Inc
advocate of high protective Tariffs, and ut the same
time Of blnai"d paper currency lie processes an al
most exclusive devotion 20 the protection oil manuiac
lures
Mr. Buchanan in his very able, sound and logical
ARGUMENT on the Independents Treasury bill, showed
coaclusivclv that inflated paper currency destroys
the object and effect of protective duties by giving "a
every thing an artificial or fictitious value, which enables
the foreign manufacturer to urdcrscl own in the
domestic market and argued, that far the indie.
pendent Treasury System might have the effect TO re-
s,ran the excuses Of banking 1t would operate advhn
tageously to the manufacturer as well as others hr.
Davis instead of answering this unanswered and I'M
answcrable position Of Mr. Buchanan, imputes to hlu
DESIGN TO reduce the price of labor to the INJURY Of
the working people of the country-an intention, winch
had meyer entered his mind for moment; nor did ne
inter syllable from which such an inference could be
drawn by an honest and intelligent mind The speech
of Mr.. Buchanan, which Mr.. Davis has so grossly
msrepresenied was made in reply to Mr.. Clay OF ken
tucky Let it speak for ;tsclfIlcre is that part of il
which relates TO wages, or the price Of labor
..Rut tie Senator from Kentucky Mr.. Clay leaves
M stone uniurncd He says that the friends oil the
independent Treasury desire to establish an exclusive
metallic currency, the medium OF all dealings
tbrmohout the Union and also, to reduce the wages
he able to sell his manufactures at lower PRICE Now
r DENY the correctness of both these propositions
and in the first place. for one, am not IN favor OF es
,oh shinp an exclusive metallic currency Tor the peo
nile ofth:s country. desire to see the BANKS greatly
reduccd in number and would, If could, confne te
accommodations TO such loans DISCOUNTS tor limited
perods 10 the coinmerca manufacturing, and trading
classes of the community, as the ordinary course o
th-r business might render necessary ! never wisi
tempted, by the ihct., "'~"'"" and proiessona nei
n,r;ods TO abandon their proper ana usrl".'-"H
resnectabc spheres and rush into Wild and exraVagah
sncculation | would, if could, radically reform th
crescent banking system, to conilne IT WITHIN suc
limits as TO prevent future suspensions OF specie pay
mcnts; and without exception would Instantly y.
,rve each and every bank of its charter, whch sh"u
amin suspend Establish these or similar reforms, an
rive us real specie basis for our paper circua'on,
ncreosnq the denomination Of bank notes hrst 10 'e
md afterwards TO twenty dollars, and snail theh u
The friend not the enemy Of banks know that th
existence of banks and the circulation OF oaih PuPe
are so identified with the habits OF our people, tat '
cannot be abolished, even u TINS were aesI,aoie
reform. and not TO destroy, is my motto 10 comm
Them TO their appropriate business, and prevent lhe
from mnsterna to the spirit of wild and reckless spe
culation by cxtravagant loans and ISSUES, IS az WIN
ourht to be desired. But this shall say. II eSPe,
ence should prove it to be impossible to ENJOY the
ties which we'll regulated banks would AFFORD "itnou
at the same timc continuing to suffer the eViiS "
the wild excuses Of the present banks have hneI.
cntaled upon the country, then should consider IN
Lesser evil TO abolish them altogether II the state Ii
oislatures shall now do their duty, ! do not peieV
that il will ever become necessary TO deciue Oh su'
alternative. v,l.
eve are also charged BY The Senator from ken'rcE
with desire to reduce the wages of the poor man
bor. We have been often termed agrarans on our ..
| of the House. 1t is something new unaer Tue ''
hear the Senator and his friends attribute 10 "
to elevate the wealthy manufacturer a. ''e g