Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-05-29
. bvers;ve of the rights Of the States, and the IL
WIN. R. KING,
C. C. CLAY,
DIXON II. LEWIS,
DAVID HUBBARD,
REUBEN CHAPMAN.
New YORK, May 10, lc4O,

DIXON ii. LEWIS,
DAVID HUBBARD,
REUBEN CHAPMAN
New YORK, May 10, lclO.
r. u. r3;tors of tbs Charleston Mercury
cn,Isnan-So, being able 10 unite with the State
RIGHTS Democratic Party OF Charleston III e'r
1, nlace the cause of the Administration IN us true t
IA respects South Carolina cannot resist e iipuise
Ia stale nv views the situation OF parties at e Noi''
nd IN urge what deem to be the duty OF the Demo
.t;c Party of the South There is on foot one OF Inc
mos, pnprincipled combinations TO break down tue pre-
sent Democratic Administration, which has ever YET
threatened our Institutions c,.
The Iybip marty have but principle oi cohesion
ono cement and bond of unpn-the destruction OF
Democracv-but The motives of the allies are as various
as the banners under which they muster. nat 'iie
old anti Republican party which mustered under Alex
ander Hamilton and the advocates OF iImiteo mo-
,rcbv Al the beiginnnu of the Government, constr
,m,as the nucleus of the Wing party, IS admitted
Every foe to Democracy, universal suffrage ana me
r;ob,s of the people, is Wing. Every one who pre-
diets that the Republic under any MODIFICATION must
close its brief existence BY revolution ana regai power
n keen the multitude in subordInation, IS wing
Ernrv one who finds in the feverish excitement of
puper currency his only hope OF living by hIs WIS, m
stead of his labor of coming in, under the uhirersa
confidence, which expansion OF Inc currency pro-
duces so as to get credit and gamble on II, is wing;
because, the Independent treasury must always pie
serve the specie basis the unit or standard OF the
currency Every who is out OF office ana out oil
reputation hopes from n revolution IN government
some chance Of peferment and IS desperate II the al
ministraton prevails-he is therefore Wing There
are however also large and respectable body OF mer-
chants, who want National Bank, which, like the In
deneudent Treasury must in fact cause specie cur
renew by recurring every bank to settle It's balances IN
coin This party are not the advocates OF rreueeiha-
Bile paper circulation, or OF renewal oil speculation
based capital This party are honest ana deserve
to be reasoned with They do not seem to feel the utter
hopelessness of ever getting National Bank, even u
BY combining with their colleagues they shouiu sue
coed in overthrowing the Democratic Administration
For of their party, the Virginia Wings would not
vote for Bank The ultra paper currency men woulu
not, and the New York Wings would rather have no
bank, than locate it in Phade phla The Southern
Whiss-Lord bless thcm!-arc wholly innocent OF an
the secret but potent influences which direct their al
lies. In fact, success would at once sever the ueS
of the united Wing party, and the maicontcnts
voting with the Democratic party, would renucf
them powerless. Still the nfatuaton IS spreading
The natural inclination pull down men in power the
hopes of spoil lead vast number to look forward 10
the breaking up Of Administration, az pinnderers
do 10 confasration-lt may throw something IN thelr
way But the duties of the Southern Democratic party
are obvious State Rights Democracy, is the only doc
rine which can keep Institutions secured IRON the
intermeddlinr of fanatics. When the constitutional
barriers that forbid the interference with State lnS
iutons are weakened the South is threatened. =
Now it is too clear admit OF argument, that OF the
two means of reducing the currency TO the specie
standard the Independent Treasury IS much less
liable TO interfere with State institutions, than a
National Bank with its branches in every State, con-
trolling the fortunes and ensaving the wills OF every
one Let the duties be payable in coin, or the bills OF
specie paying banks, and be dlsbursed IN the same me-
diums without being controlled by any moned nstitu-
ton, and standard is at fixed, to which all other
dealings must conform Again, this IS SIMPLE, prac-
teal plan. involves no complicated machinery Inc
duties will be paid in sound currency, which rs Imme-
dacly paid away 10 the people, who have claims tor pub
lie services-hey spend 1t III their support, ana thns
it again goes into the general circulation There can
be no expansion or contraction. The duties are, on
Democratic principles, raised for revenue to meet ne
ccssary public expenscs--no more IS raiscd than IS
wanted for disbursement. But Bank directors may
and will Expand and contract, glut starvc the pub
lie they please and neither Congress or the public
can control their operations Admit then, that L.
States Bank will amend the currency by compelling
State Banks to redeem their balances in specie and
thus regulate exchanges: so Will the Independent
Treasury reduce the currency of every State to the
specie standard, and then exchanges will inevitably be
reduced to the mere expense of transportation. Had
we banks to deal in exchanges, but were they con-
fined to dscount;ng paper payable at nome ana run
ming TO maturity, merchants would regulate the eS-
changes with perfect ease, and where exports and
imports nearly balance the differences would be easily
adjusted BY the import export OF specie As the price
of Southern staples depends the price IN foreign
markets. where the currency based specie IS our
obvious interest TO have staples purchased by
a similar currency and then if export more than
we import the balance will be paid in specie. ! take
it that every Southern is directly interested in
having sound currency-and as the Independent
Treasury is the only which can be resorted to
for that purpose, effort should be spared to sustain
the Administration which stands pledged to this mea
sure. Again what has the South to gain BY change on
the score Of Abolition: We know what Mr. Van Blu
rem is and without entering into proofs OF what Cen
Harrison may be, when under obligations for his Office
to Abolition voters we can at any rate say that ms
friends do not promise that he will do more than MIR.
Van Buren,. Why then change; we may "swap the
devil for witch, cannot do better, we may do
worse The next point, duties and internal improve
mcnt-what favorable change Harrison admins
tration work-will it be more Democratic. No one
expects, and few even promise any such thing. thus
then we have every thing TO lose and nothing to gain
by change Have done enough then Ought
not every District every Parish 10 be put the alert
lest should be nured by the misrepresenta-
tons of the adversary 1t should be Indispensable that
every candidate Tor the Legislature should be well un
derstood TO adhere to the present Administration IN
preference to the candidate Of the Wings. We must
be in earnest for the adversary alive and active Al
though people do not relish the many addresses to
passion and prejudice which they use al the North,
still it is well that true interests should be under
stood. We have catch words-no pagcants TO gull
and rouse our friends simply support the present
incumbent, because we prefer one whose known prin-
ciplcs of action consistent with our best interests
We must meet every movement with counter one
The moral influence of unanimous support by South
Carolina will reach our sister States. North Carolina
and Virginia will desert US, if We show ourselves
in earnest Meet, then, all oyer the State, and unite
the voices of whole people in declaring to the mot,
lev host of Bank men, Tariff men, Abolitionists and
Tories,
awe want change; and least Of all, such change
as you would bring US.
CRAWFORD.
fFrom The Indianapolis Democrat, .Noy ~