Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-06-09

States shall become endorsers for the individual States
surety for their engagements as condition not sim
ply to their obtaining further oans but TO the tavora
BILE SALE in the British markets, OF their stocks ant
bonds now resting there in pledge for advances Of mo
: ney
Such propositions rs it seems 10 MS, should startlt
the whole American people 1t rs bold attempt, upoi
the part of foreign bankers To compel the Govern
, mpnt of the United States again TO assume feariu
amount of debt or punish the States of the unor
BY refusal of further loans and depression of the
securities now in the foreign market
We have spoken of the danger OF foreign influence
pervadnr our country and exered through the powe
of money Can we have stronger evidence ofthc exist
ence Of that influence, and of the disposition to exert it
than We have already given. When foreign bankers call
upon the Federal Government to endorse for the States
of this Union, and threaten them with suspension o
their credit in case that endorsement is not procured
can we measure the influence which is exerted from
the quarter private and corporate debtors IN
this country;
IT, then these influences of foreign debt are an evil
10 be deprecated if expansions of credit al home
have been excessive, and require To be checked ami d
both arc objects which call for the serious consideration
and action of the people of the country, to which of the
existing political parties are they to look for rene
dial policy:
The universal suspension of the banks m May, 1887
met Mr. Van Buren, the threshold of his Admnisra
ton; and from that moment TO this he has been labor
ing assiduousy to lay the foundation for stable
basis for currency and business; foundation
and us all and resting upon the Constitution of the
country 1t has not been the object of his policy as
falsely alleged TO destroy credit but to make credit safe
and dependable; not TO overthrow the banking instu
tons ofthe country, but TO separate them from the
nagement of the public revenues not TO cripple com.
mercc, but TO give commerce standard of currency,
far the action Of the Federal Government do
il, which shall not disturb it by expansions and con-
fractions dictated by private interests and monopozng
efforts not 10 suspend trade but to restore 1t To- health
iul activity, and give tia sound stable circulating mcdi-
! NJ IN uSta to he
Ia afford the honest laborer full and constant employ
ment AT fair wages aud TO secure TO HIM the pay Tor s
sweat and his toll, in currency upon which he may
sleep quietly, without The fear of finding dross in his
pocket when he rises in the morning Such our po-
| Icy and that of the Administration support.
Of Gen. Harrison and his policy, upon all these in.
portant Subjects have already declared we can say
nothing. Silence, profound and unhrokcn, IS the order
AT present resting upon him. and we have already e1-
pressed inability 10 raise the latch which closes the
door upon his opinions.
OF the iavortc policy of his party, however, We can
speak; because this ancient party, dating IT'S exist
from the Administration of the elder Adams, ana
apparently confident, since the time of his
defeat, than at this moment hcre have boon, aud now
are. open doors and unsealed lips.
This party, then, would create National Bank
with the vain hope of sill farther expanding nur pre-
sent system of excessive credits They would not on;
increase the State debts, bnt they would prosecute
system of internal improvements under the authority
Of this Government TO be expended within and tlrougl
the State at lis pleasure They would take from the
General Government of It's proper sources of re
venue, 1T time when the national Treasury IL driver
10 loans 20 supply the ordinary demands upon it, ant
would borrow money in Europe, increase the take
upon the people both, TO carry out their plan OF
mere splendid administration. And, finally, they wou
deliver over again to the banks, State National, al
the revenues Of the country, subject TO be used b.
them, with the inevitable consequence OF incrc: sln
bank expansions, until the appropr atoms of Con gres
should call for the money and then to be the cause OF
the apology for, bank conractons, to an cXc mt ia
beyond the amour, Of money involved
Before dismiss this subject, we cannot tor bear
refer to the well known fact, that large sums OF none
have, within few years past, been expended npo
elections, with view to ovcrrue and defeat the wishe
Of the peoplc.-Thcse contributions are maalicstiy
from the evidences OF their effects, large amour
as 10 excite the most painful suspicious 10 I'll. source
from which they derived. Time will decrnin
what grounds there may be for such suspicious. Blu
from whatever quarter these pccuniary aids may como
is the duty OF all who value the indie pcndence OF the
country, who would exclude foreign interference
under any form, from elections and our councils
and who regard the purity OF the elective franchise
the best safeguard of free institutions, 10 meet th
crisis with unsumbcrng vigilance and with the deter
mnation expose and illustrate al attempts To contrc
political results by any other influences than those
reason and argument
But our opponents do not alone depend for their an
tcipated triumph the Democratic party on the II
fuences to which we have referred. They have er
listed the fanatcism of the old and the new world
their cause They areassociated with OF the mos
dangerous political sects that has ever been
against the sacred union of the States, which the r.
hcr of his country, his last address TO his children
: thus solemny comncnds TO their ca
al, is (he sayS) Of infinite moment that YOU Shout
properly estimate the immense vipe OF your nntIon
union TO your collective and indi. al happiness Iii
you should cherish cordial, habi.ssl aud mmoveab
attachment TO il, accustonng yours elves to think al
speak of of the palladium Of your political satet
Co.. with
ous anxiety; discountenancing whate yer may sugge
n suspicion that il in any event be abandoned; an
Indignantly frowning upon any attempt to ALLEVIATE an
portion Of country from the rest, or to eneeble IL
sacred tics which link together the various parts
Such are the parting words of the great and goo
Washington! The Federal Wings pretend 10 cheris
hs principles, and 10 be governed by his admontor
and example Yet they have, at this very time, mad
common with the Abolitonists-a political sec
!, whose object and measures have direct tendency
dissolve that Union which he silly and palhet
e cally recommends whose organs haze denounced III
: written compact on which il rests, containing PTii
ciplcs al with the rights ui man and the laws
Cod who have openly declared that they prefer ena
cipaon without union, to union without emancIp atIo
who have, by caumny and misr representation conir
butcd to render portion of ellow-ctIzes odot
the other to foster sectional in teress, and excite Sc
tona feelings to change brothe ry love into bitter al
$ tipathy; and who, if we may credit the declaration
which of them have made, would willingly sc
tons provided their avorte sysa.na of measures cou
i be built upon It's ruins.
The social duties the rights of property the char
ties of life The domestic relations, all disturbed
the conduct of this misguided eet and It were poss
bic that their influence could tar prevail as 10 pr
duce interference the part OF the national Leg
ature, with the institutions oil individual States, the
great interests would become sacrifice to wild,
sionary, and mpractcabe, if not degraded scheme
pretended philanthropy. In the prosecution OF ia
scheme, portions of fellow citizens have been d
nounced robbers and man stealers foreign cmlss
ries have been encouraged to trarel through Il
$ country, u.tering and disseminating atrocious mi
e representations and infammatory harangues, calc
lated to excite scrvilc instructions, and intestIr
war; and money has been solicited and procured
enthusiasts in other countries, and expended here
c scattering the frebrands of Giscord and disulnIo
n throu ghout the land Those who these result
and persist in the which have produced then
> will not be deferred by the sketch we have drawn; b
5 if there be among them others, whose attention Ii
lo.,, NV and linz