Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-01-22

men the paper will soon erac, the law for ;sef-tha
law which no power resist, weakness can shnn
no art einde, cunning escape. II is the prer'sa'v
of all paper money expc al hard money and thei
to force itself into every mans hand because there
nothing else for any land u receive. IL rs he pre'o
gatve Of all porcr money to do THIS, and OF IoVern
ment paper above all other let this Government g
into the business OF paper issues lei begin 10 sin
paper for currency, and i; will quickly find Itself wi'i
nothing bn paper its hands: paper to pay out-ra
per 10 receive in; lhe specie basis gonr-and ht
vile trash GrprecIang from day In day until 1t sink
INTO nothing and pcrishcs The hands Of the igno
rant, the credulous and tie helpless part Of the commu
nilY.
The same Senator, fMr. Rivcsl consoles hmsc!
with the small amount Of these Exchequer Bills who!
are 10 be issned-only ftocn millions of dollars
Alas SIR, does lie rcco!ect tia, that sum is sever
lines the amount II first emission oil Continental
Bills that II IS fifteen times the amount o. SIR ito
bert WaIpoc's first emission Of ixchequer Bill ane
dalbe thr amount II the first emission II the lrencf
assignat5' Does he consider these things and rccol
Icct that il The rs, step only which costs The di.i
Guilty ard HAT III the III Government paper mo
ncr the subsequent progress rapid IN exact proper
ton 10 The difficulty of the first step Does hc no
know that the first emission of our Contnentg Bib
was two millions If dollars, and that N three year.
i they amounted 20 two hundred millions, that the
first Issue III Sir Robert Wapoles Exchcques bill:
was The third Of million, and that They have
since exceeded thousand millions: that the iirs
emission oil asaignats was the third III miilard o
francs, and Tbs, in seven years they amounted Il
| fnry five ,iUu.and mlliarhs3 Thus it has been, and
thus il viii BE- The first issues II Government paper
small, and w.'!, difficulty obtained, and upon p!au
s:be pre.exts IL necessity and relief The subsequent
issues are argr, and obtaned ilLou opposition, and
pat out wi;ho. he iornaliiy Of excuse TINS Is
the course, and thug u viii be With ns il once be.
g;n. We propose fifteen millions for the START grant
T. il Will soon be fifteen hundred millions and those
who gu that excess :ll he far less bama5ie than
those who n,l,c The FIRST Sep
The rrpor, which accompanies This pan profuse in
It's recommendations and ii pro!estnons Of lis safety
and excellence; all the phrases .. the bank pa-lor are
here rchearsed, aud set out 10 the best advantage to
deli ri.t and captivatc Safe and solid specie basis =
sound and uniform cnrroncy-hctter than go,d-cOn.
yer:iba nj Inc will OF the hclder-always gnod-such
The hol yday phrases which accompany the plan, and
recommend il 10 on. favor. Why, SIR, does the writer
81 the repo!; not know That this IL tie very Jar1nn o!
banking, that il IS the cant Of Change Alley Cheap
side, Thrcaancsd ard Wall street, DORIS he moi
know that il is the Slang upon which every bank char
Ter obtained that IL the old out, used up,
dcnd and gone, sling upon which every red dog, wild
cat, OIL creek, box and Caro- swIndling shop,
which has disgraccd country, obtained their char
trrs: and that all these paid specie till they stopped
Does he not know this, and that his promises are no
better than theirs and should he not have been above
the imitation Of this bank CAN'T lie should have been
above IT, He should have avoided the humiliation Of
recommending his Exchcquer in the set phrases
which haze obtained charters fer every rotten bank
vii ch has disgraced and plundrred the country.
nave sa'u sna. ~. T.. n"ai
gone oasH 'Lr Wv sh ,;,nos e sr art Wal
-,"'l 10y ma'" s," ~ s,n, ho. r,;,hr,i,r ,har
poe aHa ,,.na ,ha mos, c,,aI - ~ rss
copy MS P'iey ~ 'r -. .',a' = ~ ~,
,a, 60, II,i,or ac,na,ly s,ond INT -
w. on" ".e,t ~ ar,@.d ~ 80 r., ,or,soa - m
10 Government paper money. That great man, though
trend 10 BANK papep way a emes =, ,a a
paprr ne con"e.'eu AZ" I ,,s ,n mi hs %
'e.'l " n,a 49, ds,rs i; Me-
MAJ, ~, ,.e'''' VI VIZ INV c,on, :, -
psr'o" =. ~, ls. a =, ~ .;,,J wv ~, 49, L. liz
'el,e"'".' n =, " pnaL ,7", 10 ,a n,r,,,ni 10
p"'' ", .'"'oi"4 - - = 80. =, , -
'w'c" '.e ua'se's - 1"n ~ a, ""a r. "a
sr' ~ e orno - ;cb rnI;s CON-
c",S' ,h him. In that r.pn he ,hus expressed him.
eur WV, , ~ 81 oaoe,
sen on Tue y, n'on., H. % ,o,,y If me ov.ro
msn i wT Prohibited !" ,l ndyii,a: states ~ The Eaol-
and spirit "['l ,el'ai"n ,hoaa 10, he ii.
regarded BY lie Government r. tLr .nirh sIie.. lhous ia