Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-04-19

Inn, rossess Who enjoy the confidence OF their fellow
citizens. would refer hun 10 The base attempt OF Inc
L. 5. Bank of Pennsylvania TO destroy the BANKS OF
the city Of Sew York When the former previous 10
Tho Ia suspension oil cash payments found itself upon
,n are of b.nkruptcy exered all ITS dying energies
to break down the latter, in hopes OF thereby binding
The public 10 i true knowledge oil lis own CONDITION.
! Considering the extent of the mischief winch wou'o
have resulted had Their efforts succeeded backef
c,me o d,ep laid v,liany hardly be found in The
annals Of crime This Regulating the banks win
V TIE Bankrupt, Lac.
| Few I presume doubt the expectancy OF Judicous
P,,kru, Law Whether the one passed at the IG'e
extra session Congress is of this character may wen
be questioned For my own part, IND II dilcult 10
rcconce this law with the demands OF impartial JUS
lice This wholesale application OF the sponge 10 eS
;snr contracts, seems tn me iagran, violation o'
nriyate rights Perhaps | am not competent Judge
IN this case but at least Claim the credit OF being
an n,paral one for the law will not affect me person
aIIv as far as old contracts are concerned II men
enrust their property 10 others after the passage OF
i, Law of this kind, they do it al their own risk and
have Little cause 10 complain III case OF loss. But
lie affair assumes different aspect when the law
;s n retrospective one The honest creditor Is de-
serving of some consideration as well as the honest
debtor. Sympathy for the latter ought never TO oe
;ndplaed al the expense of justice. The law as It
now stands will undoubtedly relieve many honest
men of heavy load of Indebtedness but it is equally
certain that many worthy creditors will be defrauded
Of their Just rights IfCongress were anxious to give
The world specimen OF their benev"lence and human
70 thew would have taken their funds 10 pay for
the whistle and moi thus unceremonlousy thrust their
hands into their neighbours pockets II the pubic
rood required that all debts should be cancelled then
why not make the nation pay for IT. Why lay all The
burden upon few individuals, Again, if the Wings
believed the law good one, why did they not make
it applicable men in their collective capac!y-to
banks and other corporaons-ss well as to Individuals
Why neglect this opportunity OF giving the country
uniform currency If satisfactory answers have been
gwen 10 these questions, have been SO unfortunate as
| not 10 have met with them
vi. The Distribution Bill.
The distribution of the proceeds OF the Pubic Lands
among the States have never been able to regard IN
any other light than as bride, given by selfish and
ambitious politicians for the sGlTsages al the debtor
States a more disgracelul act never found place
on the statute books of our country The arguments
bY ich il is supported, nrc rs weak as the measure Is
niantc ard corrupt. Its advocates tell u.s. that Inc
puiJc lands belong 10 the States that most oil them
are acep.y in deb, for works o. Internal improvements
and need the inoner that, without sach !a%, the
States, within v hose limits the lands are l"ca'ed, wl
take possession Of them hy violence, and set The na'
tcna Government at defiance Now no one VIII d's
mite but that the lands are The property oil 'ne States
The lands theirs however, rot in their individual
capacity bm, collectively, rs members at one c"n
mon Republic The States, individually, have 10
more claim upon ou! public lands, than they have
upon oar vessels of war npna the ocean, 1t they can
take one 10 pay their debts, they can lake the other
The WHO'S qrt in the habit OF representing the money
which each State vi! receive from tie public lands #
,h,. distribution bill goes into operation as 50 much
clear gar-so much added 10 The wealth Of the STATE
-Bu; trust that this bare!aced attempt to impose
anon lie crcdnlty of the people, Will recoi upon The
bends OF rs authors. The lreemen OF Connec,icu,
have sufficient ntel renee 10 know tina! ercry doiar
aus ob,ansd lcH hare be rt;0ndSd ,cLt hsnry iner
Isl, n'he shape 81 ind,ect ta1eS To collect money for
the purpose Of distributing again, would be miserable
policy nj any ic-but 10 do this in the face of 4 ma
,,onll debt; and " hen the income Of the Government
is not adequate It's expenses, IS no: had policy
merely IL IS . criminal Jelrara. al the public interests on
the part Of those wac have sworn to protect them II
NV memory me, hc Wings When IN tine minority
! oopcspd n,cempon rr1hts. But tbs Distribution BIZ
establishes 4 permanent, system Of PIE cnp';on The
bl! ais, gives the States oneen!h OF the proceeds
of al the public lands, over and above the sun t;cy are
- have when tie money - distributed; and u secures
{, them 900 00G each To be appropriated - Internal
Inpro7cn;ent provided they have not already received
this Gaan.jtv Are these magnificent argesses Intended
as brlots for the SURFACES of the States: Or
th.y pica,iurs of the principles c' equal and cS
/ &c, justice as understood Ny the Wing leaders:
Suppose tie foul charge against the new States were
true-snopose that they have the disposition, and
only waiting for the power TO seize upon the public
! lands and appropriate them TO their own use-could
thcy be restrained By paper law II they would tram
pie Justice under their feet and defy force, would the
statute book have any terro!s for them: Bu, who
are these men, and from what base stock they de-
scended that such charges should he made against
them: In what dark corner Of Gods earth were they
born and in what corrupt school OF ethics reared: AS
an American freeman, claiming the hardy sons oil the
fertile and growing West as my counirymcn, spurn
with contempt this foul mputation upon their honor
In many Of their veins rows tie best blood OF the Re-
violation large portion Of them claim the proud title
of sons Of New England During the last war with
Great Britain, many of them fought, and many Of their
friends and kindred fell. Numerous and Jealous wor.
shippers frequent the temples OF liberty and religion
there and offer acceptable incense upon their affairs
! VII Tarif Tat0ries-Frec Trade Facts.
AT first sight there is something very captivating in
the theory OF protection. The idea of being ndepen-
dent and Of making very thing for ourselves, produces
n very pleasant sensation in the mind Of Republican
1t sounds go patriotic to talk abont aiding American
enterprise, encouraging American industry and foster
ing American manufa ctures. And then the idea OF
keeping all the specie in the countrythis is irresistible
O there gic in hard money, and il is delightful to
think that protection will enable to keep all to our
selves. But unfortunately this Chinese doctrine, when
weighed in the balance of reason, is found wanting
When examined by the light Of facts, It is clearly seen
to be delusion
.7merican induStryis most encouraged nhen HTeceres
the largest REGARD some Yankee should take fancy
to spend his time and capital in cullivatlng tea and COT
fec and should far succeed TO raise, Of inferior
quality the one at expense Of five dollars, and the
other at expense of fifty cents pound, would Con-
gress be protecting American industry should they
prohibit, By heavy duty tie importation of foreign
tea and coffee, and thus compel our whole population
TO buy these articles of this man al so exobitan price,
Would industrious fellows think it was en-
couragng their industry, thus to make them labor five
days for what they could before purchase with one
days labor, and after all get poorer article Would
be good policy thus 10 sustain this in the prose-
cuton Of Improbable business Would this be a
iudcicns way Of creating home market Would 1t
be any consolation to the farmer 10 be told that his nn
bought the produce Of their farns' Would it satisfy
the mechanics 10 be told that the shoemaker had one
Or two more customers for his shoes and the tailor for
his coats: THIS but illustration Of the theory of
protection. THIS shows tho principle, and | leave the
reader apply 10 other articles which experience has
ieng!: be imported from abroad cheaper than
thew car be raised home.
Tie advocates Of protection overlook this obvious
facial commerce is an exchange of commodities,
and 'c.n erchangt .}ntrican peodDct for jorcisn