Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-04-22

,:u;,r NV snpnort six per cent. loan, inc
n.yment of hich may be postponed LOT '"sny Iii
= o. be s,ld in the market for any price "",e - VIZ
h;n, Tins is the nature OF the bill ihere IS ou' Que
'.'"s ~ o,, records we told by the Senator
80 N,,e rNr Evans, which bears any rese"'o,a nne
" e.: -s,, ease aad this occurred IN the yeur it'o,
ana !, The DAYS Of jain Adams uni'heo
sen. o;y.n 10 him 10 borrow hrc millions Oh ,,o"
snch terms and conditions as ne Pisasru' ;II
-, ,Io ,,,e or : ner cent. per annum ne "e"a'e WI
IL, ,L., when This loan was effected Tue oo'ei"
80, h.d bcen in existence but years, ana - va.
numbered with almost The Whole iunaeu "eo: -
Revolutionary war But now, alter u mas pe." ~ c;I
ence mere than half century, ana a,'e' ". I,r and
49, var %. are asked 10 sell orr credit Ut any P''1e
= w;ll command without any lElIt w"a'e', :" Wv
nreciation am not yet prepared ~ 'u'''' 10 T,o,
e5;, IN the dust by sending The secretary " VIC ia
snrv abroad TO hawk it for any thns II ".i' o'S H.
market No, Sir, not YET ,s1 ,hs senator from
naare and approprial lion proposed ny Inc senator w.,
r':s;n; vii within short Perioh co''ii"u ,"e
inen millions of dollars at SIX per cent nue
= van dscrcdit yourself, hy declaring oh 'e In
,o la, ,,a, ven Will sell this loan At any Pf'ce WV
h-,u what viii be the nesi'ao'e cohs' 81 -. !
rber Of srea. capitalists control le m"',ryro
&c the world The As,ors, the lsothschlos
~ ,h p,rnns are not numerous. a comoiha'o' W
.s c,ni,ass can lie and will ne easily formed, ""o'
Lroyng that we must have the money en- any 'e,'''
~ cham Ike loan at such price rs VIII oc " -, 'e
al, boct .
r,rr,cen.I Now, although am mast ANXIOUS :"
I'D FIR thc present wants Of the Treasury car"
~, ro,e for the measure unless you wall return s'e
land fund TO It's legitimate purposes, ana i'''s' '
cretary of the Treasury TO maximum rate .,
:, which he must obtain the loan at par MS - 'e
only mode by which you ean secure Who viii
combination Of capitalists and specuia'"rs VINO WIZ
berwise deprcciae your credit TO the lowest poss'oe
point h;h &C sayep
per cent, if you think proper, for such portion OIL
The loan redeemuhlc within short PERIOD as may ne
ssary for the immediate end pressing wants OF Tue
Treasury and We can then 20 abroad Tor the remain.
der We learn from the Inst advIces that money IS now
nlcotv in England; and have no doubt our SIX per
cent loan would command par there, you VIII ZEN
der lis repayment certain and inevitable IN lie manner
nroDosed by the Senator from Mississippi But 10
render assurance dou6ly sure, would even consent
,ha, the Secretary should give seven per cent, the
money cannot be procured at lower rate ~, 'hpre'
FORE my voice had any influence here, wond enlrrn'
those gentlemen mo look forward with pleasure 70 'e
restoration of the land fund 10 this Government when
the rate Of duties shall exceed twenty per cent now to
come forward in advance Of that time, and relieve The
counry from embarrassment. ask them to appropriate
this fund in the manner proposed and obian'he loan
on such terms as will not dshonor and disgrace the
country.
feel our present disgrace deeply any Senator
on this floor II has been said by high authority that
we have President without party, and parrs with.
out President But we are all embarked in he same
noble vessel which proudly bears the stars anl stripes
a, IFS mast head and we all equally boundto take
care that the glorious flag Of country shall not be
dseruced VIC are all equally responsible for he pre-
serya,on Of our credit and character Tirse will
be our surest resource, should war become inevitable.
Take back the land fund-pass this bill in tie man.
ner which have proposcd-and should We prove TO he
mistaken in the result for one, will pledge myself 10
give any rate Of interest which may be necessary to re-
deem The faith cf the nation. Bu; whilst, by The terms
of this bill the loan be thrown into the market, 10
be sold for That w bring, and the land funo be left
in It's present condition, djsagreeabe and notifying as
il may be to M, shall take the responsibility ofvong
agains, it, The majority cait, aud will carry in its
prescn, form but, under snca circumstances they
cannot and ought no, 10 expect ouI support