Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-01-03
FOR TIE Eve UiRER
THE SMALL NOTE RiII

To the Members Of The Senate Of Frginia.
II your province, gentlemen, to guard the rights
nd interests OF the people against the hasiy or i'll ad
vised action of the House of Delegates. In saying
this, only state FACT, and b. means intend 10 be
understood dsparog ng the lower House Of the LIE.
gsa;ure, nor as exaltng the members Of the Senate
above The immediate Representatives Of the peo-
pie for, would have as much confidence in thirty
six members Of the present House of egates acting
Is Senators, as would have in the present Senate
But it is security against III advised legislation,
that law be enacted but by the concurrence of
both Houses and although collisions between the
Houses at all times unpleasant and often plead
up proofs of arrogance and assumed superiority
the part of the Senate, and too often made use
Of Senators from the firm and faithful discharge
of their duties; yet you, gentlemen, ought 10 know
and feel that you acting under solemn obligations
TO VETO the action of the House of Delegates when
ever measures sent up to you, which you cannot
conscencously approve. II is your duty Judge and
decide for yourselves and you shrink from The faith
full discharge ot your duty, If you give your sanction
TO laws merely from Difference 10 the House oi Dele
gates, or from apprehension Of being charged with
arrogance
ball authorizing continued issue Of small notes,
contrary the provisions of the general banking law,
has been galloped through the House of Delegates,
wthcu, due considerations without necessity and, MS
humbv believe Tor reasons, and under pretences, which
have no foundation in fact, and justification upon
the of expedency, it, indeed i. be exprdient to
consult the interests o.. the community in preference
10 the supposed interests Of the Banks. II p;epos.
ferrous, TO shy the least 10 suppose that by authorizing
Inc issue of small notes you will relieve the disresses
Of the people. The issue of small will put
penny more into the pockets Of your constituents
The question is whether you will allow your cons,itu
ents 10 have mixed currency OF bank notes FOR large
transactions, and specie for retail transactions or, whe
tler you Ill doom item to submit TO exclusive pa.
per currency, Guclnang in value and quantity at the
vii! and pleasure of lew bank directors! That is ke
question, gent!em'n-dodge it, hide it, or evade j, as
you may-ior, there IL not o! you. who can
r;gdly prohibited and prevealcd specie circulate
of The Delegates from Halifax, (Nlr Edmunds) has
Waterloo, not better established Than the fact, that
small notes will drive specie from clfcuation-Alr.
Edmunds need not have gore tn Nor.h Carolina for
proof ei This fact. Some OF his old constituents could
Lave reminded hm that, for few years after the lae
war, people had change but small bank notes
and shin pssiers; and that in few short months after
lie passage OF the 'aw, prohibiting the circulation OF
any note aflow The denoninaen of five dollars, spc
Gle became abundant for all retail transactions, and the
paper trash fed from sight sad ih's TOO, whou, any
nGry 10 the Banks, without airy shock TO tie com.lu'
nifty, end at time when the general circulation was
more reduced Than il is in these hard times Toe
the mark, gentlemen" Do you &c for shin plaslers,
specie change For the specie standard, End q
mixed currency of large notes, representing specie, for
large transactions and gold and silver for home retail
dealings do you go for exclusive paper curren
cy, varying in value and quantity, at The will and plea
snrc of bank directors' STl.HUMBUG.