Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-01-06

,... know, ,hat the Legislature ah.e's
-,,,,eycs from tune 10 time, ous ~ "
i,,,r, that do not thank you i"' sv"'
..sv know that they are to' f'",''", "
I y,u da,c not enforce 'h'"h' = '"''.
.',..r Inch would be efficient, BECAUSE :
.,.,l, and not solely tteore''eaE rs
IKE them pay The princ'rai' ca" ''e. .''
-, interest Oh The debt t"e' o"e " '"e
7 hanks gre receiving BANK ih'e'es' "fo"
l 6,a, due 10 them by solvent ue''''s'
cent If interest upon Tue Deus .,e.
F-!" '-.nInnn,,y. The Bank Of Virginia ainy
4. a,, .;rs, wear o! lis SUSPENSION was fecem'"s
,."n S--,6,S50 from us debtors WIFI. a.,
n interest on S3,2ll,1 22 due ny y " WV
''"' d.. ,aru, Of lis promlsSory notes paya-
,,,rd ~ WHICH 1t had refused pay hann IN.
-'"'"N IN. june cih, was receiving oahA W
'mer, Hs without paving interest on ITS
.,asan,us TO sl,963,94s ,o. -
a"2 '1,,'s5 ,,rea, aud exclusive privileges, IN
as 10, benefits supposed to accrue TO
Au'" y establishment One Of the bene-
't''' ,,,,n,shnr A sound paper currency con-
a'u = ias,,,e q, The holder, IN lieu Of II
= -" necessarily expelled by the powers OF
''"'"" -. notes If circulation. When
a,,o,,,,l,sh the most important iunclioh
I" ,-.,l,,n VIZ 10 furnish converi-
and continue oenloy all Tue eAciu
.,,,,,n,,sd b. their CHARTER, The puohc
I .,n,e lnJemn,iy Tor their failure
7 w.. INCH would naturally sugges, ilseii
/ ~ ..ni IT interest on those notes oil CIR
:" ~ csuxrrt,n,it,y l. suspended. When M
I pe,,s PAYABLE on demand ana pay
~ I'M, interest commences from their pre-
1 ,ls,. aYy reason why the same liae'AN
=" IAN hanks; The possession hy law ci
.,.l,.iye privileges cannot be an argument
~, ot!,tr> 10! srln'cu.
''-..e,,,on q, the circulating medium OF
an ,n.gry more Of . public than an 'naf''
....o,,sa: II Tie payments, receipts an" eA
| ,,.r,.ly w.,lia ia. S!a,c, tie evils OF the de-
49,, ~, :, >tnsiblv iet. I'm individual may
.,t,, thousands within the State wilhon, m
Nm, one OF much smaller transactions
!, ,,,y,.u,s IL make beyond its limits, loses Sc
!, ,I,c danrecia,ien; 1t present = per cent WIKI
york--l5 on sterling bills. Oar foreign COM
,.,,,nes aurlhened and embarrassed lhrousa
,-,rcc,a,ion, miscalled exchanges WIN ah
.,...d commerce, trade and manufactures GRIP
+. heavy cxaclions, !; reacts npon the whole
.u;tr. The ordinary taxes q the country
/, more difficult 10 pay increased taxation De-
|. nppressiyc. The payment OF this interest
|. holders OF the notes would be no measur,
4! lo>''ee. 70 cruz" "ou'" .'o'" ~ a,,ta ~.
q g" o. ees,hs s'',P'e '"'.'.I' H., ~,
o'iise some 9so'o' h'.""' ~" 49, n,,,.r %
- hlta, ana laFs "ha' ~ "'"'. u ,i
nan me hahk, security upo" '"""' ,.,.
the when Tue iss' ''"'s, = -" ,h. nnbi,c
t;'s 70 'he'r Constituents :" annn,II,.
and aFfes''hs tt'e ''''""' -. 49, So, Az;
ae interest 10 t't ~. - Wv .~d.ad 40
Increase 'he 'aAes n"n' my - ~ ~, hsnrs
= u asSihs 100 i"u'" W - 80 -. nnhI,c Tr.,
: iaelF suSps"s'o"' - p. ~ ,, ,,,nr,
~ interest," ho' ~ ~ ,,a,n, h,a,s :
p! notes III c''V"ist'on' -.
t';oa % 'oa"S VIZ 49,. ,r;a-,s,
i woGi1 pe " 'Si" - ''e'" - -, "
~ dollars, "htFe 'ley ere receiving ','''N ~,
: ~ one hundred. II SIX per cent were oee'''eu ,
.o1a5e. pace y a 'hFee Tue hFs' yeaf, iou' aiie
tn second. and SIX afterwards. IL IS, 100, 50
/; collected, by requiring the otncerS To make, Oh
.la.;cr!y statements OF Tie amount OF their CIR
!,
awei a. penalty, Is IT not penalty tor dein-
ri; II accomplishing an important end, promised
,ss,- creation, VIZ 10 furnish sound currency;
s,gai Is a means to coerce resumption; is II not
~. tor i lakes from them the inducement to
"a Ana evanston BIZ deriving them Of lis pro
.as,- n,,r,ot,,,n Will scarcely induce them To con
.,s,snsioa ;or the be neti, OF the public Ifviewed
iii, ! i, NJ, = inst debt. of interest on deferred
-ar, /, c,n b.. no objection that the State re
!. MO is treasury what !, paws as stockholder-
: t.s. u The State 10 tn, banks Is an objection
i, any sacrifice and remove the foul STAN from
III. 4,