Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-10-18

this feast in broken meat and empty plates, you well
know. 1t has left our country pa!sed indeed-hun-
prv In flesh and poor in spirit. doubt since the crea
ton of he world, whether such an example can be
exhibited as We have presented for the last sixteen
years, of folly and disagreement. No Southern
planter would permit his plantation for one hour to be
governs with such lack OF all sense and providence
The Ca.sIcs and Hoentots in reference 10 their
dition, doubt not, have been governed with policy
far more vigant and enlightened. country Of I'M
racnse resources, in period of profound peace, on
the verge of bankruptcy Any man who will read
lurnes Essays Public Credit" and on "Money,
can be loss TO trace our present condition To It's
true cause We have been suffering since Ge
neral Jackson destroyed the Eank OF the L. States,
with the exception Of short period Of dstempered
initiation created BY his own measures,) under stea-
dly diminishing circulation, which the eminent phi
losopher. TO whom have referred, has declared TO be
one oc the worst caam,les that can belal civilized
couG,ry-;ar more disastrous ethan the continued
blight Of unfavorable harvest and season.. This re-
suit has been first in the constan; action OF the Fedc
ral Government, of their supposed nedated action on
the Banks OF the Staies, which created universal
paatc, that has compelled The banks TO withdraw eir
circulation, and next, the General Government, permit
ting to remain in criminal allegiance their sovereign
Junction. 10 suppya currency equal 10 the wants of the
country, and "to regulate its value.
The consequence is that the States have nothing in
The shape oil credit, or money at home 10 pay with
abroad Every species OF property has fallen fifty 10
hundred per cent, and the standard value seri-
ousy disturbed that man in s39 might have had pro-
perty three times the value Of his debts We, he
now ipso aco ruined by the silent transit of our coun
try from redundant circulation to what some are
pleased elic.ousy to call hard money currency
when the fact is, that we can procure neither that
which is hard or soft.
By this alteration in the standard Of value, revou.
ton is porentons progress i'll our country wide
spread and desoa,ing, far properly is concerned
as that which distinguished and illustrated the master
piece OF human policy Of the Robesperes, Dln,ons aud
Marats Of another Inflated country which in its time
was governed by its denagogucs too y no made paper
money so thick that showed assignais in the streets
of Paris, and then turned round and burnt in their
phrenzy their own handy work. Look, my dear Sir,
at the thousands and tens of thousands Of families
that have been runed-that have had unutlerabe woe
carried into the very bosom of their houses by the nos
trums of our political qnacks who in their senseless
war on the very banks they created, gave time by
the preparatory revolution of the intervening dis
cords for the country 10 pass from period of expan
sion TO one Of severe and arid restriction. To those
who have been ruined in these unhappy times, whose
estates have passed under the tender grpe of the She
rff the moral Justice of General Jacksons memorable
apophthegm will be but dry cras ihat those who
borro, money ought TO break doctrine out Of which
their creditors likely to derive little comfort rs
themselves although mus. be admitted that the Ge-
neral tried all he could blessings the country
But my good Sir, the day of reckoning must come i
The acccun, will be adjusted row. by posleri,y