Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-03-15
TO THE EDITOR or THE E.SQU.

TO TIE EDITOR or THE ENQUIRER. j..
Ion have deemed it fit to publish in your paper OF
-, letter, signed "A Friend TO the Specie Stand
y 81 which clam the right, through the same
'aae 20 offer some structures. There may be great
De IN Games but IL does not necessarily follow,
j. man "ho assumes the name OF Cato or Arisldes
hs iacut:atons always sheds a strong light on his
.ect Niaety-nine men out of hundred, will say
E! are IN favor Of the 'specie standard, as they will
= mat every who owes another ough 10 pay his
3. when It IS due, the principle, s'let justice be
ne though the heavens fall" This is an abstract
p which none deny, yet who acts literally up to
L principle Nay, how often would the principle,
"a rgdly enforced, produce directly the contrary
sct to what was designed Justice may be done to
man, at the expense Of many others debtor
y, ~ !rn.ty on the part of his creditors do justice
-en al, when, by obduracy on the part OF one, he
= De- forced TO do injustice 10 others, IN the entire
to himself When | hear such sentiments as are
'esset by this letter-writer | naturally ask myself
i.Her he, IN his intercourse with others, acts up to
doctrine lie nculcated My life on IT, if he be a
'o 10 any hank, some six eight thousand dollars,
y as be called on 10 discharge the whole debt when
''le falls due, as justice requires, according to his
a' he wl! not willingly do it at the sacrifice OF his
yr'iy, and TO the injury of his other creditors 1t
-rS, he will be n rara IN these times but 1t is
zen more probable he will tender the bankrupt bail in
aent Whence arises all this defamation, tor the
pose Of casting odium on the Banks /, fear there
much Of the spirit of party in tins th'ng-in a
~ too, where party spirit should not enter it
IL 10 be mere stalking horse, used for no commend
purpose. Politicians may fairly differ on the lead
"pcs OF Federal measures but in the case oil The
- institutions, mere domestic concern, they
~ unite 10 prevent detrment TO the people he
''' are dubbed soulless experimentation, they
''' l"" and on whom does the mischief oil undue
ny tall , On The Commonwealth, on the stock
'S aud on tie debtors, and those who are insru-
"" IN in'l'ctng injury on these three classes, may
. q" 'he consequences a the polls. No man pretends
ne banks should not be ruled 10 the resumption OF
payments The only question is, as 10 the best
,A .: dong II with the least injury to the commu.
RESTRICTIONS on their loans, and on their divi-
~ VIII have much more efficacy than all the pc
ss mat can be inflicted unless, indeed, the design
T. Destroy, and no, to reform
VI regard TO the Bunk officers, for their answers
's cNesories of the Legislative committees, they
r'4tSod by this letter-wrter with telling only halt
acts They we're not volunteers in the matter, and
: lmperatiyey called on to answer under oath
:! nave sought nothing of the Legislature, and de-
70 take none of the responsibility OF the measures
,"s' body. When asked for opinions, as IN duty
''u they gave them frankly, without anxiety as to
'9Hsequences. according to one of the Bank
gents, says the letter writer. eve are no, even to
'''"ed oanqaspta change, unless Congress vii! SO