Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-02-04

Mr. Speaker, shall indulge in speculations to
the so.vency Of these Banks, TO their ability 20
continue meeting their obligations This envlahc task
shall cheerfully resign TO others. The report Of
lcoanittee Of past Legislature, assuring the public
that all well, but month or six weeks before the
!hcit committed by Dabney and Green on one OF the
Banks of this city, must plead my apology, should /
be less prompt than the most of those around me- IN
subscribing TO the very plausible reports now before Us
But, Sir, under circumstances can see the neccs-
siiy of further emisson Of these small bills. Ii the
Banks at least invested with all the strength winch
they claim 10 possess, they may with safety once more
emerge from their cells, aud from behind the bar.
ricades which some Of anti Bunk Democrats
have been so sstn'ous!y engaged IN Ihte'rosns
between them and the people. Yes, Sir,
ing confidence in Themselves, with disposition
once more to embark, with well trimmed sails, rpoa
the bosom of accca mediation and discount, VIII IL
s?ise others with confidence in their strength, arc
anxious sccitude for their success IN relieving,
If they can, the distress Of the country But, SIR, pass
this h ana you say ia terms the most emphatic, that
with all The boosted strength oil these Banks, they
unable 10 part with these contemplate small bills,
without paralizng their 10 fuih their duties TO
the public. Pass this BILL and You set at naught The
political axiom ever advanced by The wsest poll
tica! economists who have ever written on The subject
of banking-that where two currences OF unequal
value IN circulation in the community, the one
possessing the least value will Danish from circulation
that which possesses the most Pass this BILL aud if at
ali III u, SHOULD lIut
ousIy shrunk from the fulflmen, Of my duty TO the
public, and, with all the force which law can impart,
offered premium 10 all who may be so disposed to
fitch from lie pockets Of the people the little specie
which is afloal III the country.
But laying aside all considerations as 10 the inuty
and impolicy Of this measure, would respectfully
inquire, will The passage OF this bill be in compliance
with the acquisitions o.. our constituents
Mr. SrEAxEI Il presume not to speak ioT others
but know that throughout my entire district, scarcely
but sentiment pervated the minds OF The Demo
Gratis, and believe, ii was entertained in COM
mon by both parties, that further indulgence Ia
these institutions had ceased TO be vrtae, and Il
longer continuance in their msrule, would iperiousy
demand The penalties Of the laws.
In conclusion, MIR. Speaker, permit 10 say, that
am well aware of the odum and Imputa,Cns v i.ch ere
attached 10 the motives OF all who will not yield n
passive acqucscence to the bdings Of these Institutions
But, Sir, whether il best suits the purposes Of their
friends TO pass by worthy of their notice
or IN be held up fit subject for the execra.ions Of an
oppre ssed and embarrassed community, il will be alike
matter of small consequence with me. shall fearessy
though left alone in this body continue to pursue The
even tenor OF my way. And whilst mag not, with all
Of the formal solrnily Of Hannibal! place my hand
the altar Of my Country, aud swear eternal hostility
gainst the a~le and coruptng demands of tls
Banks yet, Sir, whether IN private public life,
trust that shall not BIZ the less 10 the integrity
my principles nor the less steadas and unwaverilg IN
my opposition 10 the bcs!owal nj iavors class oi
the community, TO TIE exclusion and oppression OF tue
rest.