Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-10-12

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The defeat Of Tie Regulators nj the late Session Of
Congress- makes il the mprrous duty Of the Demo
cracy to commence immediately vigorous system Of
reformation in the paper system. Banks must BE-
brought into sn5ord:naton 10 aw-they must be made
20 obey the laws Of the and-and those laws require
them TO pay their debts.
| The suspension ot the Southern and Western Banks
have continued four years, with little inter-
mission, from May l-37, TO tie present time. judy
ing from all present Appearances the des al tile
Clay Wings ard Of all the nsovent and political parts
Of the Banks 10 continue Me SUSPENSION, tor the pnr-
posc Of making the people believe ;at te:e can be no
resumption without a National Bank.
The Bank Of the United States, whose example the
rest made precxt for suspendng, now dead, aud
longer look to her - take The lead IN resu-
ming No one need now II quote her example
The new crops are made; the has been bonn-
ru specie is abundant III The country, and foreign
exchanges in our favor. The bank that cannot re.
sumo n01c is insovent and ought 10 BE- exposed and
wound up. Every solvent bank can now resume
What then, prevents resumption, We answer, two
things first, the Wing party who are for increasing and
pe-pttuang the evils VI deprecated paper III order 10
have an argument for National Bank; and, Secondy
the nsovent part Of The hanks, who have their own m
iirmitics 10 hide. These constitute the opposition 10
resumption, and are they L, prevail WI! The Demo-
cracy suffer such unhoy parties 10 prevail over law,
morals, and Government
The late Session OF Congress has exhibited The de-
signs Of Federal Wiggery in the most garng colors,
as fatally bent on the deterioration Of the currency
They did every thing to degrade and deprecate it
Their votcs on the District Bank charters the true
decentralization Of their principles. They voted to re-
charter Banks in state of snspenson-to authorize
Them 10 do their business The paper Of suspended
Banks-others a. well as their own also 10 use small
notes down 10 The smallest and To use notes o' any
intermediate denominations between hvcs and tens,
and between tens and twcntrs. Under this authority,
the Banks il they please may deal exclusively IN de-
preciatcd paper, down cent; for they may make
their intermediate notes what they please THIS Is r.
deral Observation-Disclosures and wckcdly determined
on the debascrnent Of the currency 10 promote Their
own unholy schemes. To the Democracy It belongs
10 "head' them. The Democracy must, therefore, 20
10 work They must work cscrywherc-in the press
IN pubc ruretngs-n constant conversatrons--in The
,lections--in the Lcssla:nre-every where, IN fact.
Where they tie majority, they should act, where
the minority, they should speak.
By acting where they are the majority, and spt0htnS
where they are not, the Democracy may c"erce re.
sumption as soon as the State Legislatures meet So
This for mos, of them, will be the same day IN which
CONGRESS meets II the banks resume in December Or
January the Federal Wings in Congress vii lose their
main argument for National Bank. This, then, they
viii endeaycr To prevent contest VIII take place all
over The Union between the parties on tins pon The
Democracy aiming resumption because It IS right m
itself and will kil the mann Federal argument tor a
REGULATOR; the Fecrasts striving against resumption.
10 save their main argument and all the lnsolveni and
political banks joining the latter lettht contest come
on. Let Democracy force it and dare the issue
TGisbr