Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-10-18

hereafter One of lis first will be TO eettle what
The victory Of New Orleans has cost US. These are
generally expensive pageants, any how. bonapnT'e
nrobaby never achieved ono for La Belle France,
cont 10 The tune of twenty millions of trancs-to say
nothing OF the lots Of 'cracked crowns and bSody
nnses he Left the field of battle. Ru, his veto
RES, COST were no more TO be compared to the VIC
tory Of New Orleans than penny whistle is TO l'a.
ron Munchausen's celebrated clarion under an April
;haw calculate TINT the victory OF the s,I Of Janu-
,rv cost us five hundred millions of dollars, besides
the small expense OF entai,ng upon the country, "a
sci If jewellers whose folly has taken away all Gg
nitv from Distress and made even c1lami,y ri!,cu-
lous." You will say, hold. You and | greatly
responsible for this hero getting into power. YES II
is true willingly would expate tins SIN, Sir, with my
blood if it could recall the fatal past. But this IS I'M
possible Let us look with courage and resolution to
The future care not what your abstract theories
banking are, whether they agree WITH or differ from
nv own believe you have, you had at the close OF
the late war the of mind and spirit TO lit the
country Gifts present deep decadence Yes my dear
Sir believe your ambition and your genius are on
level with all that is great and glorious in human nc
lion and enterprise The field is before you-take the
lead in some great public measure, whether IT be
Bank of the United States, or an E1cEequer agent
10 mmateria that it shall restore confidence, IN.
vgorate industry, give to US all abundant sound, CIR
cnatinp me dunn and drag up from the deep the drown
Ing credit of the States Do this, and if the first honor
Of The country does you, its last blessings will
rest upon your lame
| remain, my dear Sir, with sincere esteem,
Very respectfully and faithfully yours,
}. HAMILTON.
p ST. shall be out in the next Halifax steamer, and
hope to confer with you the subject Of this letter on
my arrival in Carolina.
GEssnAt HAMILToS's VIEWS or THE Currency
Without urging objections to General Hamilton ad-
mission, Though Nulifer, who believed once that
sovereignty was entire, and could not be parted with
by the States to the General Government,l that the
General Government possesses the sorcrcign iunc
ton TO supply q currency equal 10 the wants OF The
country and to regulate its value, we cannot, IN
lust,ce to the often abused patriot Of the Hermitage
refrain from gancing at General Hamilton letter to
Mr.. ~ BddIe, published in the papers OF june 1881
In that letter Gen. II. after ailuding 10 the want OF
uniformity in currency the primary cause oil The
Uhpu) embarrassments, and urg ing the necessity OF
some legal constitutional restraint on lis issues de-
caes that the effects of the stimulus TO the currency
Of both countesby the creation OF JOINT Stock Com
panes in England and the augmentation OF the BANK
nr capital of the country, severe altogether beyond
the control Of the General Government: That they
sprung from the contagious influence OF the spirit OF
speculation If you please, the genius oil The age IN
hch live that they would have occurred with or
without the existence of the Bank of the U ) proper,
or the removal OF the deposites, or Genefai JACKSON
Treasury Circular
In The next sentence Gen II. admits that ",n an era
like the one through which we (have) had just passed,
as salutarv as may be- the check OF Bank OF The u
States on nordnae issues in ordinary times, II would
rather have had to obey the general impulse, OF which
think" (snys he) "the of events in your own
Bank, in Philadelphia, affords the strongest exponent
81 am sure your own magnanlmIty and trankness
will induce you TO this remark.
In u subsequent. paragraph Gen. H. remarks-"As
well might the sails of wind mill standing on pro-
montory which overooks the ocean, fan into existence
the tornado which upturns its mighty bosom England
with her Government Bank, and without the removal
of the deposits Of her Treasury, or Treasury Ccu-
lar suffering from Identical evils, resulting from iden.
tca causes-overtradng, extravagant speculation and
paper Money
With these brief extracts before them, our readers
can ipdGe for themselves whether General Hamilton
IS ri oh, noo in abusing General Jackson and indulg-
ne in that spirit of reproach and recrmnntlon winch
in e37 he with manly spirit deprecated.
fSarannak Georgian.