Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-01-27

comes no lower than five dollars, "heie"J e'ea' W
Guilty in making change at Tie treasury "ouiu az
.nnoIemen,ary act could be passed, and the
ou ,o,ss and change tickets be prepared ne aoop'
, NJ The old continental would proven, this oaih as
,b mites from one 10 len dollars inclusive wou,u o
ready for all payments which ended IN even -
and The fractional notes would be READY io' az '"
ended IN sh,llings or sixpence. . ane, nhaiiy,
IS right in se that we should 'aAe up " r.. Ihss
,;,an,aIs before We begin 10 make new ones OF 'e
and other reasons bold TO declare that II we mus.
have a CONGRESS pager money, | prefer Inc paper y.
,he Congress OF l776 10 that Of l-l2-
SIR the Senate Elust pardon me. IL IS mol my Gus
tom - sneak rreveren,iy of official matters but there
s,na ,bnps too lphi for arsument-too grave tor
rt;cueand which il IS difficult 10 treat in becoming
.,,nnar This Cabinet plan of Fedeea Excheqher Is
an, nj those subjects and It's strange and mover cha.
racer part tragic and part farcca mus. De
nv more Than unusual defective mode OF speaking
Lad The subject itself for The nperection OF my iode
of treating H. ,, A., III;
;,d - on, Of ioint many calamites are abroad, ano
N. raper system is the cause OF the whole he mo-
pave5 coroora,ions have brought US 10 the miseiaOe
nlioh, IN winch We find ourselves they have done an
H. ,o;scbief and the credit Of these being now nearly
,L.ns,sd and their hur.u faculties nearly at end,
~ a, and fiphtlil means of aGgmenting and perpe-
u,,in The calamlies they create IS brought forward
n ,his cabinet plan for substituting Government Gre
dit for expiring corporation credit Corporation BANK
in, having aiced with misery and disasters the Fich-
sI and bapp,cst people in the world, Chat ought 10
-, md heinz no longer able to continue lis enor.
mites Government banking IS invoked as the suosti-
,r,.-a substitute which the voice OF reason and udg
men and the experience OF great nations snow 10 oe As
much worse than corporation banking as The power
and sphere Of action OF Government IS greater 1hah
the mower and sphere Of action Of private company
Sir The cabinet plan IS folly, and an lnp'ety IL is
SIN against liuh-an insult TO the nineteenth cent?
rv-a disgrace 10 the age--and only worthy OF the
times Of Walpolc B!nn, and Law 1t calls Tor scouf
,ny which it not IN NY hands 20 si'e-"h'ch cou'"
only be uiyea by the iilusrious Dean oil 81 faucAs-
the immortal author OF the Draper letters
The times are indeed out Of jont-thc pn5ic nina
diseased-and large portions of the people wholly IN
mindful, and il would seem, entirely gnotantoi 600
first law 10 man-that he was TO get ms living bv the
swea, of his brow Instead Of that, too many are no"
looking to the Government for their vng-for bank,
rupt laws 10 rub out old debts-otices to i've upon
ma tona machines to strike paper money-and some un
defined and visionary relief from Government aclion'
no matter what that II makes another season oil pa
per expansion for the enrichment OF sharpers, the
plunder Of dupes and the disgrace OF Government
SIR If these people would spend half the tune and mo-
nev IN attending some pursuit OF honest industry
which thew spend here search OF occ bankrupt acts
and national institutions strike paper and relieve Their
Gs;ress-if they would do this, they would soon ind
themselves free from all Distress aud IS happy and m
dependent at home as they now miserable and de-
pendent here.
The times are diseased-the public mind diseased
and the Federal Governme diseased than ether
Since twenty-five years-slnce the incorporation Of the
National Bank in l-l6 since that unhappy moment
when the Government began to mix itself with banks,
and politicians began 10 make political capital out Of
the private pursuits of the people, and Congress began
In relieve distress all that, we have had nothing
but distress: and Bank State The Of II. Old
Federalism was the friend Of Bank and State; modern
Whvrery is the same: and Walpole Whg5ery Is for
converting the whole Government and the whole Union
into one vast and complicated machine Of banking
This segment Of Whiggery is now IN office; aud ITS
whole action aggraYac the disease OF the times,
superaddnr debt and aXes TO the mseres OF paper and
the Gelusions Of credit Verify the Government Is
more diseased than either the times the public mind
II was noble answer which the old French mer-
chants gave to the great minister, Colbert, when he
proposed amelorate their trade by some Government
regulation Colbert protector, but the wise and
virtuous minister Of great King. Inc old merchants
knew the respect which due 10 his we'll meant oher
bat they knew also that all their business de-
peuced upon themselves and gave that memorable an
syer which history for the instruction OF gene
ra,ions Laisse. nous fatre-ct alonel- was their
wise reply, This their wise reply and would 10 God
that our Government could learn IT. and practice upon III
and cunfine Itself 10 its business and III own duties
The care OF or foreign relations and the concerns OF the
nicnpcacc nj home md abroad foreign and domestic
trade and light comprise the sum Of The edera
duties. This Federal Government was not created Ia
act upon Northumberland created to manage private
conccrns-not created 10 guide the hand OF private
dusry and just long il has been engaged IN tia
business every thing has been going from bad 10 worse
Let il this vain nernieddling with what Goes mol
belong let give honorable peace with foreign
MISUNDERSTANDING the revolt Of the moneyed corporation,
reduce the lnsurgen banks 10 subordnatIon 10 law
and 10 government-give US fair trade-hard money
economy in the ACKNOWLEDGEMENTS security Of
person and territory let il do this, and our people WI
do the rest and will be the richest and apPest OF the
world.