Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-11-12
SI9i,2.2
sl0,iOl,3H

The currency issued by these Banks is at per cent
discount for specie, owing 10 their confessed ,haoy
pay their debts, yet, in the face oil th's
they out and announce that they have mace proh
10 an average of nearly two per cent IN SIX Honlhs
which they divide among their Stockholders. NOW,
one Of two things is certain il the Banks are making
money! they can afford to bear the loss oi converting
sufficient quantity of their assets into active means, IN
order 10 redeem their circulating notes II they are
not making money, and cannot pay 'hei' ueD's 'ns
pro ESQ Of dividing up the capital among Tue s'ck-
holders is direct robbery Of the creditors o the Bank
association Of individuals subscribe, az IN Inc case
Of The Grnrd Bank, S3,OU0OO0 on the creo't Of lhd
aptal they obtain credit OF the public anu VI ot'eI
Banks; IN process Of time, they find themselves un-
able TO pay the drhts Contracted and their noles
in the market at per cent. discount. They then Pre-.
coed TO d,Ge up among themselves, at Inc rue OF
per cent per annum, the capital, on the strenglh Of
which they obtained credit. Ii they can diviGe per
cent why may not they divide tn" whole, ana caVe
the creditors 10 take care Of themselves lhe above
Banks all nsuren, and the Girard so notnriousiy
had that the stock srlls at o. and yet the eifecia
have the ouldness TO take 500dO q; Inc money tha'
belongs the credit Of the Bank, and divide u among
the proprietors The progacy oil this proceeding can
only Ge cqualrd by the suprnencss If the people that
permit suo slate Of things or The corruption OIL the
Legislature that permits such institutions 10 east
TOTAL TWE rs d oF Ken kANE Yo Ma f""
1t will be ny the returns gwen to-day 'ha 'he
election has resulted in The complete ed overwhsiu-
ing Eros,aton of The Wing party III the SAFE OF Ne"
York. The Democrats have a.cpt over the STATE me
tornado There is no doubt Of the perle:t re-esao-
lshmcnl Of the Democratic ascendancy in every branch
o the Government within reach OF the popular VIII
The House Of Assembly IS Democratic BY great !.a
jory, the Senate is probably aud The aggregate ro
puar ina oriiY is immense md overwhelming
| Who are the men, and what The measures, 'hai
thus unequyoca!ly, and in ones OF ihunoeF, con.
denned by the voice of an intelligent indignant ana
patriotic people? And what are the causes which have
led 10 this astounding result
| Upon Mr. Clay, and his partizans the pipelaye.s-
upon Governor Seward and Weed, the whole most
of anti: demngogues, is the stamp of pubic re
probation ndebly fixed. Their professions oil pa'rol
deridcd-iher principles and systems poi'cy
repudiaied, and all are overwhelmed IN remea''ess
rum. National Bank is empsatcaIiy rejected anu
condemned, and the nnhaowed attempt OF Seward
and Weed mix up religion with politics, and opera
upon the honest Catholics, through the instrument
tally OF the Bishop and his cnadnlnrs, is IT bukeo ana
pm, down forever. The reckless and esirarasant sys
TEN Of Internal Improvement prosecuted by inc 0e
ward AJmlnstration-tIe bare.accd corruption prac
Used in the disposition and sale ofohses aud the gene
raj decentralization that has crep' into part oil e
State Government, all condemned by the people
Wing drfea, expected, bnt the majority is I'M,
nense, far outrunning the antc'Pat!ons OF the mos
sanguIne Democrat IN the land
The causes that have led TO this result are various
and manifold. The general and growing distrust Oh
the State Administrations the impotence felt BY con
siderable portion of the Wings, under the inoieran,
domination Of Seward and Weed, would have secured
the overthrow of the party apart from any other con-
s,deration. But The vinlcnt and headiong course oil
MIR Clay and his adherents in Congress, their dcnun
ca,ion of President Tyler and all who disposed TO
give his Administration fair trial, increased the causes
of dissatisfaction, and contributed TO swell the mao
rity 10 an incalculabe extent. The Clay manifesto
broaching doctrines SD nonstrous and revolutionary
alarmed rejecting men among The Wings, and KEEP