Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-02-17
The ,Miii,o,u T,,,,,u,, N p,,hnonJ

The ,Aiitary Tusiitu.e in Rschmoal.
question wac taken yesterday in the House of DE.
egaes upon the proposition to establish Institute of
cadets III tins City, upon plan somewhat similar TO
the Corps OF Cadets at Lexington Ailer debate,
IN which Mr. Rves supported the ssrh eme, and MIR.
Daniel opposed it, the House decided 4,anst the nde
hn'te Postponement, by majority Of seven-And then
the question came up, upon the Connntee 70 whom it
was to be committed Mr. Daniel proposct 10 refer il
TO the Armory Communicable. D,rm,r, TO the Com
mittee on Schools aud Colleges, (of which Mr.. Rives
IS Sharman,) with instructions to report bill, pro"
ding for such an improved condition Of the present
Public Guard, as 10 establish Corps of Military Cadets
without pay, and limited to number not less thnn
sixty, nor more than eighty, who are 10 be instructed
IN such course OF education will qualify them TO
be competent teachers Of our Common Schools. MIR.
Dormans proposition succeeded, by vote of SO TO is
We have forborne touching this subject, from cons
derat'ons OF delicate character But our respect and
regard tor the officers, who at the head ofthe Public
Guard, must now yield to a ct public duty One
of the presses of this city has nut against the In
sttuton-and The Delegate of the CITY has come out in
great force against it. Under suchrcumstances, we
beg leave respectfully to remark, that this scheme was
suggested BY the Education Convention, WIZ opposed in
that body, but hailed with acc amalih and almost
unanimously carried. We are assured Ivy one who
mixes much more with our fellow Citizens than we do,
that the Delegate of the city does not represent their
wishes, and that the measure IS decidedly popular.
Indeed, why should it not lie 50; What comparison IS
there between the of eighty men advanced in
years, who not improving, who cannot improve
others and eighty young and ardent spirits, who are
daily improving in their education, and are making
themselves capable Qke the Cadets of Lexingon,) of
teaching and improving the elementary schools OF this
Commonwealth-Youths, who themselves selected for
their merit from the poor children OF the State, are
taught the higher branches for the purpose of teaching
Others. They will constitute, in fact, species Of Nor
NAL schools, for the raising OF what much want,
rood teachers AS the Memorial Of the Education
Convention says thus stalking SO much rdo material
from the great body Of the people, TO be manufactured
into teachers and sent back to the people 10 anufac
ture the mass of the material itself. And this
good work is TO be accomplished witnout laying any
additional buthen upon the Treasury; and in fact
wing some COCO dollars the % o. 900, which
is annually appr0RTasd to the the of the prs.sn!
and if they do nothing else dueng the present
sion yet accomplish this work, which wig be honor
to them, and an ornamentto the State
The Bank of PIginia.-An unjust an illiberal ef-
for, is making by press in this city, 10 njure the
credit of this Institution. We understand, that it in
snuates its insolvency, and IFS ruin; and states
that it has been milestone around the necks of the
Democratic Party. The same paper rldcu!es the Demo
cratic States Rights Convention, which lately met
in this City; and upon other conceivable ground
than that its Address did not doom the Banks 10 i'm
mediate resumption. The Address did oil that could
be expected from statesmen and men of sense; viz
to reprobate the present rotten system of Banking;
call for the thorough REFORM and call at the
time, for resumption of the present Banks, before
the meeting Of the next Legislature. We pass
over the discretion, the justice, Of an Ul-
traist, who running riot in pursuit OF It's own
objects, and in moment OF such general panic
and Distress labors to bring into suspicion the credit OF
an institution in which SO many capitalists, and the
State herself have such deep Interests But we tell
our friends abroad, not to yield to these camos--not
to sacrifce their stock-not to dscredh Bank, whose
notes here taken freely any other The storm,
which was raised by the indiscreon and mistakes OF
Broker in this city the North, has blown by The
notes of the Virginia Bank considered at the point
of issue as good any other An intelligent wing
from another city told yesterday that u was his I'm.
preston that the stock had deprecated and Justly so
bu, that he had yesterday morning strictly scrutnzed lis
condition. and he felt perfectly assured that the stock
Of the Bank Of Virginia worth nota cent less than
7s or 80 per cent. Every effort is making 10 add to It's
yalue-and, therefore, we lntreat our readers not TO
give way to the idle camos of such ultra and reckless
denouncers
We shall engage in idle controversy with such a
press--but to the truth of the remarks that we now
make about the Bank Of Virginia, to the best of our
know ledge and belief, pledge whatever of charac-
ter we may possess with the citizens oil our native pr-
onia We have no motive under Heaven 10 deceive
them-and we would the act in 4 case like the
present We leave it TO the Democrats to say, what
ought be thought ola which protesting to be Of
the States Rights School, abuses great ConVen.on'
which has Just displayed its consecraed banner--in
order to save the State the approaching Spring Eeo-
tons from the misrule Of the Wings!
Nothing is more unjust than to lay a the door OF the
President Of the Bank las has been temPted by two
of the Presses in this city, the misconduct of one of
its officers. The arrow, aimed nt hire, falls harmless
TO the ground
We shall copy from the Compiler in our next paper.
the late Correspondence between ting Committee oil
the lie gisature and the Presidents and Cashiers OF the
Banks We agree with the President'ot the Bank OF
Virginia. that it desirable to give the Banks the be.
peiit Of the late tobacco crop and the growing wheat
crop, to assist them in resump,ion--and hence, we
should be willing 10 extend the day III, about the LIST
of October but unfortunate enough to disagree
with the presden, of the Bank of Virginia IN his late
suggestion of the lst of January, presented as IS,
with much modesty and with his usual caution.
(From Tuesdays Compiler
THE "BRoKER's LETTER"
It will be seen by the following letter, that Mr. H.
r. Paro is the author Of the "Brokers Letter, an ex
trac, from which appeared in the New York Journal
Of Commerce, and which ELECTED from US some COM
uipas wyyaF a L..