Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-03-12

.,o,,od hv The next I.egislature-iet Inc ies's.'I
,,nnase such conditions US will insure lhe 'o"" ;aua
snrenev of the Banks, and authorize 'ne"i - u.s..
eli no,es for a limited PERIOD redsemabic III speeu
ned This done, the crops 81 ttro years 'oit
|;s.,L,nU hc Statc--and shall continue Tree u
dat, r. we can in the mean time adopt souic Sys'
tom TO prevent the abstraction OF our sPec,e' -
cLange for silks, wines and other foreign iu@uiss
~ .rosr Do We understand The r. Wing, 10 say
,b,, the Banks should not resume before the al oi
,sa,, We orotest against any such extension. ouP-
~ ,h. case that the other States should re-
lp",nsHwbal then? The Wing makes not the slightest
oInso, IN any such contingency. Does this wise
aa,n,st think such event out OF the calculation:
ns,sons have taken some notice of such an
iant IN The times-Nr. Lyons himself provides IN
m amendment on Saturday last-See the Proceedings OF
the Seoate-for our Banks resumption within 10 Gays
fer those of Maryland and Pennsylvania shall nave
resumed No such category, howeVe,, seems - na
entered into the imagination OF the wing Al 'eas'
bs i profoundly silent upon the SUBJECT
W. ba ve az little desire to destroy, or even ia)ure
avs, oye,rule the State Institutions, as the Wing H.
sff hey will discharge their duty as soon as poss
Lilo Ru, for the life of US, cannot see how It's argu
en, c.n hold water Does State Sovereignty depend
mon Institutions which would have not even the CON
sIsnce n The people Of the State? Can Banks, which
will not do their duty, guard zine independent otaes
ne the Conederacy from the corrupt OF the
Federal Government Where wouid DC the'i eheol''e
Grce, where their moral power Heaven protect any
neone whose Liberties are dependent upon money cor.
nora,ions. much less corporations that VIII not car
~ out the provisions OF their charters we are
MILNE IN Grant these Banks some time TO call IN
their Resources, and prepare for u prompt resump-
t;on-We were willing TO allow till the LIST vi NC.
tober if the other States did not resume earef-ou',
as prospective and permanent principle, we DO protest
aoanst the whole system of Banks as they are now con-
Quoted Until they thoroughly reformed, and the
abuses Of the system completely corrected, no man
,roperty can b. considered exempt from lncessant
Iuc,uaiion-no society be safe from the inschies
which it is destined TO engender Inc system 'lSei'
weakens our energies, struggles with the patron
ace of the Federal power. Instead oil being our shield,
il weakens the arm that would wear It,
But il is ludicrous indeed, 10 hear this Richmond
Wing affecting TO talk like "a States Rights man -
canting about ..the Sovereignty of the independent
States the "corrupt patronage OF tile fedefai Co.
vernmen This very puperIs ANXIOUS TO place an M
mense money king, great National Bank, within the
grasp of the Federal power-whIch would controu not
only all the State Banks, with which the wing now al
ecis 10 sympathise but that immense National lnstltu-
ton would threaten to assa the sovereignty OF The IN
dependent States themselves. The Richmond wing
is also willing to give the Federal Government
controu over the business of individuals themselves,
and Ia subject the markets of the South to the manu-
facturers OF the North by new Protective larih IL
anxious destroy the Compromise Act, ana TO raise
the duties from 20 10 30 per cent-that may carry
out the Distribution Scheme of Mr.. Clay, which would
subsdze the independent Suites ut the feet OF the Fe
deral Government.-We certainly commend the con.
sistency of the Whig-though we cannot very much
admire its discretion.