Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-11-08

others If portion oil the public lands are given 10
New HAMPSHIRE to do she peases with them, every
either State whriher in debt or not, may rghiiuily
claim an equal proportion do with it che pleases,
aud not apply it to particular claim, al the dctaon
of the National Government.
The pushing Of this question shows how little the
PRINCIPLES Of the Constitution those even OF common
light, are regarded by many in the Wing ranks
[Pennsycani0n
Tur GoyYRNMENT IoAs-We have never believed
for moment the stories that have been got up al va
rious times in relation 10 the inability Of the U. S. TO
borrow money in Europe. II is absurd 10 suppose that
the bonds of The only Government which, IN the last
thousand years has paid up her public debt and which,
Of the same time rules the most thriving milton
on earth are SO dscredtable that money cannot be OBJ
tanned for them II has been also pretended that our
Government was below s'even the most insignificant
and paltry Governments exian on the score oil public
credit and that their bonds would be caught up while
ours were despised Such ex,ravagant pretensons in
duced long since believe TINT sonnet hing more
was on foot tlun was apparent. The following state
ment, from the Philadelphia Chronicle, will explain
the why the loan was not negotiated by MT.
Robinson:-N y. Ercning Post.
\ The Gorcrnmcnt handsome mlsconception, IN
relation To this matter, exists IN the public mlnd anc
also in relation 10 the mission OF Commissioner 10
Europe. We propose to exhibit the matter IN what We
conceive to he its light, far our niormation
upon which we place much reliance, will enable US.
i The conduct Of European monied agents IN this coun
try such, 10 impress upon the Government very
strongly the belief Of combined attempt To defeat the
loan for Interior purposes. The Government, with
very proper OF lis dignity, and what was due to
the national credit determined TO possess itself of more
accurate information in relation TO this supposed COM
bnalion of European capitalists and domestic specu
lators and for this purpose, sent Commissioners TO
Europe, with incidental power To dispose OF The Loan,
not iorlr Man par, case he found the suspicion Of
such combination unfounded The Commission
or, as have 10 believe, upon the evidences
of letters from OF the mos, eminent bankers
of Europe, confirmed in his belief Tint these suspi-
cons well founded, and consequently IN no m
stance, did he offer the Government Loan, and has
brought back no money. The main tjea of his mis-
sion has, however, been accomplished To witt TO ascer-
tain whether not combined effort was not making
tarnsh the national credit for the sinister purpose OF
enforcing degrading submission. The evidences were
too various and palpa5le 10 admit OF doubt. The
miserable pretence tina! The national credit not 10
be trusted, contradcted by variety Of propositions
in direct collision with such belief Assumption was
10 be the panacea by which all evils were to be cured
The number and variety of adyces and lessons OF WIS
dom which were volunteered 10 enghten the mind at
Commissioner, would if recorded, exhibit anus
ing specimen of logic, by which all conflicting varieties
: of opinion terminated in the same result
But the sccre of this combination Of European CAPT.
asts and domestic spectators, only leaked out at the
last moment, by more communicative than the
Aud what gentle reader, do you suppose IT was!
That they were afraid to trust the National Govern
a ment FOR five mons'-No But because the loan was
per cent. loan, was not sufficient 10 induce them 10
give up their game of assumption, but hundred mil
lions of six per cent long loan would be, and the reason
: is Us plain day light. Our three per cent. National
Loan being equal 10 the best European investment the
extra three per cent would make up all Deficiencies in
the defaulting State Loans and thus they would acu
e ally receive The full amount Of BOTH while they would
continue TO taunt with defacaton, after they having
received, in fact though not in form, payment Of both
n National and State debts
These, SO far as our letters, and they are English
letters too will enable Judge, the conclusions
TO which our commissioner and all others acquainted
i with the facts, must arrive. That this combination
powerful it is must utterly fall The actors in II will
be convinced, upon the first appropriate occasion upon
which the Government will aude TO H. And we have
no doubt far Judge by differences, thai
the most nle3ble determination exists against the en-
: terainment Of such proposition us assumption
In concluding this article, We can only say that tht
national loan has moi been refused IN Europe, To-
the very satisfactory that il wos never offered
The right ofthe commissioner 10 dispose of II at par, wal
pedica,ed upon his ascerainng that no such hecornl
e combin alton exis'ed as was here suspected
. Another ExpLoRISG ExpEDirroS-Frcm the fol
lowing scrap of news from the Philadelphia Ledger
we perceive that of Tie stockholders Of the Bunl
n Of the u. s. have undertaken new voyage of disco
. very into the tara incosnia oil Mr. Biddle ta,r bu
e siness transaeiions" Mr. Biddr will be careful a
il some of the old navgaors (who anced they had dis
covered new lands and rivers of god) 10 conceal thu
), charts by which he has sailed Can those who have
called upon him for disclosures hope that he will tel
them how he disposed ofhose vast sums which gave hin
command Of the legislation Of Congress and OF his
. State opening up him regions for the prosecution
of his enterprise in the stock obbng and credit system
supported by his paper money coinage; and the cotton
trading xpansons in which he blended them all, ant
, with " hch he closed his career: Do they imagine
that he will efford them any clue By which they nigh
possess themselves Of the classic realm al Andausa
which is TO descend, as fair inheritance to his
n son. by way Of sale under mortgage? No. MIR. Biddl,
o will make sealed book of all that he discovered, oil
acquired whle sailing in the good ship, the u States
= Bank Having scuted her after his hard service hat
rendered her longer seaworthy, he has taken due
that all dangerous documents should perish will
i, her. Globe.
, Suit against Nlcholas Biddie.-The assgnees Of the
Bank Of The IT, s. have filed bill Of discovery, in the
nature of an equity proceeding, in the district court
against Nicholas Biddle Esq, asking that he may be
called upon answer, under oath, how and for what
purposes he expended large of money belonging te
the late Bank obtained by him upon certain checks,
tickets receipts, and ORDERS passed between him and
John Andrews first assistant cashier OF the Bank The
8, sums which the plaintiffs say Mr. Bddle thus drew
> from tie Bank amount to 1896 ,000-the whole OF
which, they FAY, was applied TO unlawful purposes
p and to promote Mr.. Biddle's own private views.
, They also state that these drawn from
the Bank without any authority, and by collision be
$ tween The defendant and MIR. Andrews. The tickets
l. orders, DC, get for;t in the BILL and the same
as those exhibited before The recorder when Mr. Biddf
. under examination, with others, on a charge o
conspiracy defruud the Bank. On Monday HE trDs
{ tees of the Bank commenced action against Thomsi
. Dunlap, bot have not yet filed claim in that
Phi'a Ledger.
Buiidina II Ciueinnah.- There is gentleman in
Cincinnati, Who is putting up seventeen dwelling
houses. l.; is remarked by TIE EiacinEd Gtzetie Tue