Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-01-23

cliuue--the New ork hineiicail--Aas VIC" NC
on The Bank 20 resumption, at lie same time tnat II e5
I;,c on hal; Of the capita TO be lost, aud recon-.
mendcd The bank 10 apply for reduction OF It's capai
one half Here the secret. The bank IS driven mo
resumption to preserve its existence, ana u deun. :.
from capital of 5 COO, Geo, 10 one 9"
will no be in the OF the performance oi 'he
n York influence but will useuly perform lis ONCE as
State institution under the contro! OF new National
Bank hoped to be established i'll ~ YORK under NE re-
dcra Governments by Tie agents o The LONDON poheis
The " York American, although IN favcr OF sustain"
the Bank recently remarked, when Il was s"s ~
that The Government dcposites "ou'u NC i''". -
the L. S. Bank, eihat man III MS senses, e'lhei
hero or in rhiladelpha would think OF it, VI course
moi: this would be giving back to the BANK It's ios'
mower. and would not meet the views oil thc '''I'e
here. :. 49,. ::,
The affairs are now rapidly reaching thelr cf!s,s'
and the prospect is, that the v pann - home
louidation causing commotion ana uiscrea ~ no,ne
and abroad that will prevent any new banking Jueg'e.
or some time to come The IT, $. Bank, II u cannot
itself will die hard, and will not be mace the
steppipp stone for the success OF ITS enemies.
FOREIGN INTERFERENCE
The ries of The ENGLISH portion u me sreaf onts Pa'sy
we have had the successive revelations OF l'iess.s
Webster and Clay in regard TO the course OF the COM
nr Administrations Below will be found those OF tue
foreign branch of the Wing party having as 'hey
,rlv sav So deep interest at stake Their adVce 10
ha;r uirausaiiontc brethren to use Their success Tth
rydeuec is considerate and kind The same friendly
pdmonition will doubtless be continued, IN the form OF
resrrnls from the ministerial papers, and in the Bank
o;rculars That they will be respected BY their CO.
adiptors here cannot be doubted. Having deep in
crest in the manner in which our domestic affairs are
monaued and having also there is too much reason TO
believe contributed largely to the "success, (Which
,hev consider n common good and joint achcvrment,)
hey have right 10 be heard and obeyed too. fthese
mnndent n;erfcrcnccs not the precursors OF at
tennis 10 rccnlonze the country, they afford conclusive
proof of dominion over the pecunIary affairs Of the
country, TO an extent truly humiliang.-B.
srgn ht Lrndcn -usrniHg Chronicle
UrSncsdGu, Dee. l0.-The election Of General llar-
rison the Presidential chair OF the u b, an event
oC great importance TO the commercial interests OF Anne
RIGA and Great Britain. new system of financial po
lev will be propounded by the Cabinet Of the L. S,
and if successful the change will be felt throughout
Europe. On this country il will act, however, most
Immediately, and TO the greatest extent. We have
deep interests at stake therefore, in asking our ransat
lantc brethren not ahead too FAST too FAR, but
10 use their with prudence.
The measure which will form the leading features Of
discussion, when Congress assemblies are likely to be-
lst The adjustment of the currency; I'd. The bank
rnptcy law; 3D. The general land distribution bill and
Ith Tariff The first named Of these important qucs-
tons will lead heightened discussion. 1t is of vital
interest to the future prosperity othe Union and ought
not to BE- decided without full and mature deliberations
rash inconsIderate step might not only overturn
the new Government, but lead TO disastrous convul-
sions in the money market. The Government, how
ever are vested by the Constitution of the United
States with special powers "to coin money and regu-
late the value thereof that their powers TO csab-
lisl uniform national currency cannot be successfully
disputed Mr.. Webster the leading expounder the
views of the Administration party on this subject:
and he predicted that il would lead 10 the success Of
one system of Government and 10 the overthrow OF ano-
Their il from his views that 10 look for The ma
tnre of the measures which will be brought forward II
his opinions be adopted by Gen Harrison, the new Fede
raj Government will not only PROFOUND basis for ma
tiona paper currency payable in gold and silver bnt
also fer National Bank. The latter measure would
meet with powerful opposition and we hear that the
Whis party not all Of one way OF thinking about It,
The same may he said regarding the general bankruptcy
bill II would never do 10 legslate for bchoot OF the
debtor only proposed by the bill OF last session.
ANY measure, TO deserve success, should be rVen-and-
ed and apply both debtor and creditor II consider
cd likely that Mr. Clay will be successful in carrying
measure for the distribution Of the public lands be-
longing to the general body of the Republic, and at the
disposal Of Congress. 1t has been proposed by Mr.
Clay that these lands should be sold under the pro-
visions of special law, and the proceeds divided
among the various States fixed principles, according
10 Heir representation in Congress. bill for that
puroosc formerly passed the Legislature, but General
Jackson did not permit it To become law, having al
lowed il to drop without giving his Presidential sane
ton Lut it is understood that General HARRISON will
readily approve, u IL De sent up 10 MN W c Sciatc
The nassnr Of such measure would afford the various
s,acs powerful aid in completing their schemes Of in
,crnal Improvement But, then, whatever is given to
the revenue Of The different States, is withdrawn from
the revenue Of the Union.
/ lis supposcd that a change Of The Tariff will be
srenuously mootcd by the manufacturing States who
are DESTROYS for heavier protecting duties, but they will
meet with vchcmen, opposition from the exporting
.errss, and we trust that free principles of trade will
still! prevail in Congress