Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-02-05

from the Committee thai smlect, and reported
the Address, which was unanimously adopted-lt oc.
cuped more than hour IN tn readng-and it was
pronounced BY the President OF he Convention to be
an able and nasery Address, in Which heartily
cur-as we suspect every Democrat who heard it, must
have done, and we have doubt every who reads
u VIII concur III the eulogsim. II - in truth one Of
the most efficient, clear and comprehensive papers
have ever seen We shall publish It IN our next paper
There was ony passag. of the Address which gave
rise TO some discussion Mr.. WAGER OF Jefferson pro-
posed some modification in that portion of it, which re-
ates TO the resumption BY the Banks. His resolution
went TO nix day, aud an early day, first OF pr or
May. The Address was defended by Mr. DEoMGooLE,
who insisted that The COMMITTEE had wisely conenled
themselves with recommending to tbe Legislature to
coerce the Banks into resumption Us soon as could be
made permanent: and at all evthts,' beture the next
meeting OF the General Assembly, as to put il out Of
their power to grant indulgence L. the Banks lie con
tended that this sufficient, and that would neither
have been respectful 10 the Legislature TO fix specI
ed day, nor would il be wse inasnuch the egisla
ture having all the facts before them. and being bette
acquainted with the condition OF the Banks know bet
ter than the Convention what day would be most sula
Bile tor the resumption Gen. BAyLf and others en-
forced similar views-and al Mr.. BAyIys request, Mr.
| WAGER withdrew his resolution.
Mr.. WALLACE of Petersburg, from We Select Com
nIttee on that subject then rose anu reported the reso
ntons of his Committee, which, with very slight mo
dlfcations, suggested by different, members Of The Con
yention, are rs follows:
| ReSolrtd, by the Democratic Republican Party of
Virginia in Convention assembled
ls That the power grant charters of incorpora-
ton, is primary, substantive and sovereign power,
nowhere conferred and therefore denied Congress
by the Constitution and that the creation of Ma
tonal Bank, under any iorm under any alleged neces
sty, in any locality, with, without the assent OF
| the States, is utterly unconstitutional.
| 2nd That Government Bank, under whatever name,
whether chartered or not, clothed with The power TO
deal in exchanges, and 10 furnish circulating medium
| to the people, IS inract,cn ot The Constitution,
cqnay delrierous to the interests, and subversve Of
the liberties OF the people, and is traught with danger
tn the faith and credit OF the Government This Con.
yention solemnly denies, and recognize the
Constitution any powe. go regulate exchanges" or
to regulate the currency, except the power "to coin
money, TO regulate the value thereof, and OF foreign
coin.
3rd. That the Bankrupt Bill ofthe late Extraordinary
Session of Congress r ars the obligation OF con-
lracts-vioates in It's pro sols the ConstltutIon-ex.
tending in its operation all Il IN the community,
except Corporatons-coS Met Il W and disturbs the
policy Of the insolvent Nlwse bf States, with no
compromising benefits the y1ntW parent Of fraud
il emnen;ly promove ", ant4 oftrs bounty 10 wild
and hazardous speculation, an IS well calculated IN
its entire effects, 10 debauch morals OF the people.
It'll That the bill for The Dis bGtion Of the Proceeds
of the Sales OF the Public La an.ng the States, is
unequal nquitous, and u constitutional msappli-
cation Of the common fund-at unrunsttutona abuse,
in effect of the power OF taxa upon the people, for
the purpose Of distributing The money among the
States thereby indirectly assumin. the payment Of
their debts With exhausted Trel snry, by inducing
the imposition OF ne?;, ani ohrrwA unnecessary du-
ties, i, is the source Of Protecting Tariff deeply in
furious TO the SoutI and knoreover, 'mpars the dig.
nifty, is degrading 10 the character, and is dangerous 10
the rights Of the Sovereign States of the Union, By
making them the recipients of the bounty OF another
and ind penGen, Government.
9TH. This Convention rot only dsapprovcs the whole
Of OF the late Extraordinary Session OF
Congress- but il cannot bat mark with dissatisfaction
the manner in which they were passed. Great ques-
tons vitality affecting the interests OF the whole peo
pie, which singy aud alone, could not have met the
concurrence Of majority were made to depend one
upon another and thus, by combination OF interests,
became almost without debate laws Of the !and-u
course utterly at war with the dignity and simplicity Of
Republican Government, and Of most dangerous pre-
cedent.
9th. This Convention views with regret and disap
prevail the proAgae extravaganza ofthe party now in
power, in direct violation Of previous pledges Of re-
trenchment and reform and u soleunY denounces
and holds up to the censure.an condemnation Of The
American people, the settled pom evnced to create
large National Deb, in times Of almost profound peace
"A debt, already in it, incipiency by the funding Of
uncaed for loans, and obviously designed by ruinors
und unconstitutional appropriations, 10 he aarmingly
increased.
7,h That a permanent divorce between Bank and
State, is alike essential to The purity Of the Govern
men and to the honor Abe prosperity, and the Liberties
Of the governed-IhatGo and silver coin should be
the only currency nsedln the collection and dsburse
me Mt of the revenue Of the United States, and is the
only standard Of value contemplated by the Constitu-
ton: That in the opinion OF the Convention, return
10 the plan originally adopedby the fathers Of the Con-
stitution-the establishment Of an Independent Urea
sury subject to such modhca.oSs ana restrictions, as
Congress may in its wisdom dev,se-is the only mode
TO attain these ends and should he cherished by the en-
tire Democracy of our country.
sth. That this Convention halls with unmixed salts
faction the triumph of principle, evnced III the cleo.
tons recently held in many Of sister States and It
tenders ts CONGRATULATIONS to them and the country,
upon its speedy redemption from Federal nsurpaton
and miSrule.
OH That the Members Of this Convention solemnly
pledge themselves TO use every proper exerton 10 rally
10 the polls the approaching Spring elections, every
voter within their respective counties md towns; and
that they will earnestly s:ve, by oil honorable means,
TO vindcae aud assert their principles by the election
of those who shall truly speak TIE voice OF Virginia,
sound the alarm when her rights invaded aud che
rsh as dear 10 them the principles held sacred by our
foreiahers
10Th. That this Convention cannot loo strongly en-
Join the necessity OF bsrmony, concessox and united
action in the selection a candidates for the Legislature
everv sacrifice should be made 10 princ ple-and ge
nervous devotion To s successful assertion, this Con-
vention cannot doubt will make each Candidate reuc-
tant unduy 10 urge his pr.iensions however Just In
no case should friends Ae dvided-rersonal rivalry
cause.
llth II is hereby earnestly recommended TO the Con-
yention to devise some for disseminating among
the people of Virginia the memorable Report OF -, as
furnishing the best the Federal constr
tuition which has been promulgated, and as con-
tanning the best synopsis Of the principles Of the De-
mocralc Republican party.
These resolutions ode admirably drawn-nnd they
embrace in many rcsp cts The scope and spirit oil the
| ddress.
Some discussion again took place. in the best spirit,
ON propositions made ~ Messrs. Wager of Jefferson
and Moffett of Portsmouth,, expressing earnest re.
commentator for almost immediate resumption OF
ton is us follows:
Resoired That any further extension of the time be.
yond what is provided.by law, when the Banks OF
this State shall be compelled to redeem Their oosa,
lions or 90 into would be 10 defy the will
and to disregard tic interests If the sovereign people
Of Virginia. subyersve ofnsticr-faa 10 the peace and
prosperity and nsn I" The dignity Of '9s Common
-, Tho uccks of peopA PROSTATE md ion1 patient