Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-01-06
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The broad distinction runs through all the besl Ju
rss and the decisions Of tie country, between 'iea
surv note empnyed solely for the purpose Of Jorro~ns
or paving debts and Treasury note 80 shaped as !"
serve for Government pap,r. Tie former Is its'-
,imatr oblecthe latter IS not sanctioned ny me Soh-
sttuliom-lndced the power 10 -s'i' olis on ~ ce"'
of the United States stricken ont By lie Con'ti-
lion from the original draft And what IS bill q Gre
dit
The FIRST bill Of credit issued b, massachusetts, in
1910 (lhe first issued, according 10 "Stofy on TIE
Constitutions, in any Colony,) was III Tie following
form mo = 100. This indrnlrd bill 81 len sill-
nus due from the Massachusetts Colony 10 The pos
SCISSOR shall be value equal 10 money, and shall be
nGy accepted by the treasurer aud receivers sub
ordinate 10 hn, III al public payments, 1nd Tor any
stock al any tiair The Treasury Boston, ~ New
EnranG December the 10th, loo. By order Of the
General Court Peter Townsend, Adam Winthrop,
Timothy Ihurntpn-Gonilttrr. Judge Story says,
that The bills nf credit II Connecticut, passed before
the Revolution, were oi the same general character and
operation" The act of 9th, George H.. uses Ian.
gnape that shows 'hs OF credit t. be phrase con-
tantly ,,scd and understood equivalent 10 paper
nev Judge Story states that Ito t~t ms ~ tr'nf,
conveys 10 The mind the idea Of >Suinr paper intended
10 circulate through Tie community, i"r i. oFi'"ary
purposes rs money, winch paper = fedeemlbr nj u
ture day.
Julre Kent. in his Comme n,ares, defines State bill
~ cred, Ia be paper issued bv State Government and
intended 10 circulate through the country for lis odi
nary purposes money redeemab!e al 4 future day
Such i rnquesouably the intention OF the Treasury
notes 10 be ,ssnrd in sums OF from - Ia 81 ,u0N
cordnr 10 lie Treasury Report The first question,
therefore, which meets i, the Threshold j., has
Congress any constitutional power T. issue cicaa-
nr medium for ordinary purP0ses-or, ~ OTHER WORDS,
Government paper: We must always settle the ques-
ton OF pnwor first Has Congress the righ 10 regulate
the Carrfncu and Errhangesb By such an issue: learned
Iuris SAID the other day, that Congress has more
power under the authority to 'coin money, and Tesu-
late the value thereof, and Of foreign com, I" regu-
late the Exchanges than il has, III the clause,
under The power "iiN the standard Of weights and
measures sgnate the assi-. ri brcad-to say, Tor
example, how many ounces each loaf shall contu,n.
We have never seen startling sentiment cx
pressed b. any American PRINT than what appears III
the .Eranociisi, an AboonIst print III New ork,
in the case Of the Creole II lusties and admres the
llut;ay ani .Mgrdcr-cas the nineteen mutineers mo.
hlr men and declares, that their act IN throwing
themselves upon the authorities OF Nassau KS spen-
did tribute the British Government and is bright
cr rem in the diadem Of her Sovereign than the veto
r. Ut ans battlefield IL was confidence IN !a%, sls
iained hy power, and founded OH unquestlonabc JUS
tee Take altogether, IT was morally magnificent.
The liberty hch saluted them landing, by the
umphant shouts Of thousands that welcomed them,
must have been glorious reward 10 these men for
their brave and perilous achievement II takes sides
against the South throughout the whole transaction
and calls upon the Fanatics TO rouse up, and employ
the most kind, wise, urgent and immediate e1crons,
10 accomplish their cheerful and voluntary emancipa
tlon" The New York Journal Of Commerce publish
es le whole article 'as advertisement and the
Boston Courier transfers Il 10 lis 'coumns gratis be-
cause IN MI that touches the conduct Of the slaves
the Creole and the proper character which II gives 10
their effort gain their liberty, it speaks
tlmenis' Was there ever grosser anacism; Does
any man believe tia, the Editor Of the Boston Courier
and men like him. would haze treated the slaves
Boston, as the British did at Nassau; And how IS il
lint mi Inc Incl
prnr ,med-and If they sanctioned By the People
this glorious Union, which is knit together more by
fellow feeling than By the Charter itself, should with
stand the progress of such insane tana,lcisn