Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-03-24
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v HAT NEN

WHAT NENIa
The United States Gazette promuI5aios the follow
ing oracular encouragement TO the worshppe.s OF
great patron:
"The loud dou,h foco success; il
New Hampshire, Il any body d.cant that the Wings sa0gi
succeed, or Try 10 succeed tins spring Wa not looked for
scarcely wished for; c:cr piiIs foot and the Globe might
well huZza nj any ,;gund ac of the Government
thu Van Buren, III Ne" Hampshire. Lor IN the naluo
ialI w! settle a tie d.fi,les"
ss7Ne other plans foot after the experience which
the people Of the United States have had in the scheme
Tor puntcring and controlling them, which have ares-
dy emanated from Phlldelpha, may wei! excite some
curiosity. Il IS, however, the most important feature
OF these plans that their victims are not permitted 10
learn any thing about them, except from their dcstruc
tive influence upon their means Of comfort when
red into operation. They would be stripped of their
injurious influence By becoming publicly known be
furchund "The remedy 'rhich IS being prcpared' in
the secret OF the Bank of the United States
doubtless Of the character those heretofore adj
mnisercd from the same laboratory to compel the pee
pie to change their responsible agents, by 'srFrER
ISGs' inflicted upon the productive industry Here
tofore they have failed in producing any import
ant effect except upon those credulous dupes who
have undertaken to cram them down the throats
OF the people. Quacks who swallow their own iu,,
dcines proverbally fools. "fhe revolution blood
less as yet, which was brought into operation BY the
panic OF lo3l mainly injured the dependents Of the
Bank The paroxysm Of speculation into which the
whole country thrown by the Unprecedented tor
ence and example of the Great Regulator in 1885 and
,G indeed universal in its destructive effects,
It gave TO the suspension o l-J7, and the
sequent sloppage OF commercial intercourse Throughout
the country The design Of these 'pianS' became ap-
parent only when the ralyng cry Of per cnrrCacyto"
the peop'e and goid and sitrer far cehoiderS 81
simultaneously raised IN every quarter, for the purpose
the people to resist the execution of the laws
fhe merchants who took the leading part in executing
these plans rewarded by measures adopted by the
Bank TO destroy he by monopolzng our great staples
The autumn Of 1899 sgnalzed by the achievements
OF the Bank in elections a specimen of which will
doubtless be shown in due time by the country, b. the
eXpedents pursued to secure the return OF ITS arore
MAYOR to Congress, defiance OF the surages OF TIE
people The general character OF these exploits has
been fully exhibited TO the world III the attempt 10 sezc
upon the government Of Pennsylvania by force, III
rying out the official notice that thc election m be treat
ed as toash had tukcn Place. But the climax Of
the destructive schemes Of the bank reached in 1857
when the deliberate and concerted effort was made 10
ruin all the sound banks in the u y and to plunge our
manufactures and commerce into general confusion
When It's plans had been secretly carried out by the
sale of post notes and foreign exchange at tempting
rates Tor several months, and many millions OF gold and
silver had been drawn from the banks and exported the
Pcnnsy lvania election arrived, and lis grand plan was
At once developed. Lie Bank stopped payment, AID
endea vored 10 compel all the other banks follow
example Throughout large portion of the Union,
the evils inevitable from the absence Of sound crcu
atinr medium were renewed. The productive interests
of tile country subjected 10 vast sacrifices for Tie
purpose of rersabshng the political capital Of bank.
ru;t politicians.
with regard ''to any Jodys dreaming that the Whigs
,rouid succeed, try 10 succeed, tbs spring, in the
New Hampshire election, we are informed from an
urdoubted source that sevcra '7uiacturers IN that
State who have been swnded at sums by tie
prohigate manag ment of tue Ban", manifested the
most dsn,erested devotion to lis political plans by
deavoring to dragoon the operatives in their employ
ment to against the Administration candidates. No
doubt the Bank managers have been greatly encouraged
to adopt "other plans by such loyal sGbservence, III
spite Of being shaved TO the tune Of ten twenty per
cent. by Philadelphia fnancering. Whether these
managers securely depend upon the continuance
of tins suicidal course the part Of the manuiac
turers and great corporations remains TO be seen 81
other plans on foot if carried OUT unless We wholly
misunderstood them, must involve property and m
dustry far greater extent than any OF the disastrous
experiments of the Bank since 1884 Feeling strong
desire that all the great interests of the country may
operate within their proper spheres in promoting the
general prosperity, hope individuals concerned IN
the manufacturing and banking corporations will sober
y deliberate upon the consequences before they make
common cause with the Bank Of the United States IN
the continuance fits warfare upon the people OF The
Union s:TLe other plans feet are doubtless like
those plans from the quarter OF which the coun
try has had SO much dear bought experience.-B.