Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-04-18

the aspect Of the times been alarming Already has
pronery heen sacrificed considerable quantities, tor
less ban hoif us value Flour sold in Ohio, at from
81 10 - per barrel; Kentucky ana ONO resor,eu 10
what's called the "ltelcf system All oil these ihinsS'
be il ememberej, happened w"'h '"e s'ea. Ill.,
r,ne,,l rood There was great money pressure IN
500 another in l~25 another in S25; aud IN 1872
several Of the Rhode Island and No'ta Carolina banks
failed entirely
la 1870, ,lr Niles said, i'll his Register that in one
month AZ MERCHANTS Boston hadiaed and the amount
- fo,rres n that city annr or two months, he SAID,
w,s .smors than 81 0Uo0ol. During that same year,
The sheriff of Bedford county, fennsyvana, h,ied Two
columns and half OF newspaper with his ADVERTISE
ments-,nJ the Sheud "f Weslmoreland county,
advertised fg sfre. faCaS to' sale Is tins the kind
or an,or,a,nmru, 10 Mh,ch Messrs Bntis, Toer y
O. yonlJ invite rs DO The Republicans OF V n
q,nia desire 4 renewal OF 'ueh scenes: WIN 'i'y
learn wisdom from experience, or WIN 'hey Pefm.
themselves he m'sird ~ Tue fecn'ess aSSei'",s ~
nartiz,n noli,icans who know that H. Clay stands no
chance far The Presidency, unless they can speedily
urevaI nnon the people 10 abandon their cherished
nn;nons no,,ns, the unconstltutionaliiy of National
RAM, md Protective Tariff well es the impol'ey
of those measures r.. 49,, - 49,,
LI ,,ro Ropts the constitutional question had as
we'll he surrendered. Never. We scorn and repu-
dia,e tho doctrine, that precedent and great names
sanc,ify usurpalion Of power We tell these higs,
tha
onnosnr IN the u. S Senate, the renewal of The
chnrter of the first National Bank IN Isl that "lhis
doctrine of precedeats, applied 10 the Legislature, Is
f-aught witt, the most disastrous consequences that
"tbe great advantage Of our system OF Government
over nil others IL that have icrinen Conslltu-
ton. defining The limits and prescribing It's authority
and that .oncc substitute practice for prlncple--ih the
eypostons Of the Constitution Tor the text OF The
Constiiuton-nnd in shall we look for the nstru
ment in the instrument itself. Ii will be d,ffused
and intang,b bic us the pretended Constitution OF Eng
land" Them our sentiments precisely, and
had not Mr. Clay deserted these principles, his coun-
,ryaen would have condemned hum less than they do
now.
In ls4o, the Wings of Virginia protested to he
against National Bank, and in the Address put forth
by their Convention during that year, they said Gen
Harrison had but one opinion upon this subject that
opinion against IT, But now, the Wings have come
out in their true colors, and openly avow themselves
Bank men. They had better have done this be-
fore. Bolts and Tolcr, We believe, supported the Ad-
mnstralion Of john O. Adams, and they, perhaps,
have been openly for Bank for years; but many
of their party thought The spear was not quite ripe
that MIR. Clay could not go down, &c. But now,
the taxes being raised, and the moneyed man, and
those enjoying good salaries being taxed tor the hrst
time, the Wings weak enough to imagine, that
they will be able to throw dust in the eyes Of many
Democrats by msrepesentng the conduct OF the last
Legislature, and under the clamor Thus excited, they
hope TO elect several Wing candidates 10 Congress.
Ii they should succeed IN this then they will boast
that Henry Clay, National Bank, Protective Tariii,
&c are gaining ground in the Old Dominion.
Republicans of Virginia busy rs | am, could not
resist the inclination 10 say word TO you concerning
the pursued by our opponents | have not had
the time TO argue any question, and have contened
myself by calling your attention to some facts winch
the Wings would be glad that all of us should forget.
prefer facts TO fances-the results of experience to
the specious distractions of the Wing candidates.
DR.. Franklin said experience was dear school, md
fools would learn in no other fear that the Wings
viii learn wisdom nowhere and at no time
Shall we give up the ship TO them, No, never, as
long as time lasts We carry out our principles
by electng the Democratic candidates for Congress
and the Stale Legislature. We ought to do it, and
must do it. II we cannot give up one day to our
country, not only deserve TO be beaten, but we de-
serve slavery itself For one tell you ] shall go to
the election, hal rain shlne weather or no weather;
and what is more late as shall be about planting my
corn, | shall stop plough horses, /! any OF my
neighbo-s wish to ride, and cannot go without stop
ping the only horse they have. Go thou, my friends,
and 10 likewise.
In haste, yours,
CORNPLANTER.
? S-Suppose we had National Bank 10 regulate
the State Banks what power could we have to regulate
the great Regulator itself None, experience has
fully proven Mr. Appleton in his admirable treatise
on the currency, remarks Of the last NATIONAL BANK,
that "s success was not remarkable as regulator Of
York, Philadelphia and Baltimore to resume, by agree
ing 10 make large discounts in those cities. II thus
kept up The imitation of the currency, which was the
evil of The time and by dong So sajded itself with I'M
mcnse losses" Abiding To Mr. Rldde, he says, "no
one doubt that his con,ractions in 1894, so distress
ing TO the community, pushed beyond reasonable
measure for the purpose, by that means o eecting The
renewal of the charter under the pretencc OF the ne
cessiy OF preparing for winding up It's concerns, whist
his subsequent expansion had full share in producing
the mad and wild speculatIoas of 1885 and o.. THIS
too is the acknowledgment of Mr.. Appleton, dstin
guished Wing and Bank
In 1897, the banks suspended specie payments and
in 1898, many wished to resume. This move was OPP
posed by Mr. Bidde. In his letter TO Mr.. Adams Mr..
r. said, "the banks safe and strong, and they
should not beyond their Entertainments, while
the entmy in the plain before them. Again he OBJ
serves, "he American banks should do in short, what
the American army did al New Orleans, stand last be-
hind ihe: cotton bales, until the enemy has left the
country" That enemy Martin Van Buren, aud
the Democratic party whom this mpudent and naughty
Bank president y. Bddle thought ought 10 be hurled
from power before the tanks resumed the discharge
Of their chartered and their moral obligations Wen
might Randolph say, that he Ind rather be ruled by
man who had his sword by his side, than by him who
had n quill behind his ear-by the military cheftaln,
in preference to him, who sitting his marble palace,
sought to expand or contract the currencyto elevate
depfess prices by paper issues made by his arbitrary
and tyrannical will. u
FOR TIE ENQUIRER
To he Oicners 81 Land, Siaoes, and Horses.
Are you willing to pay ull the taxes, or will you
insist that every man in the Commonwealth shall
contribute IN proportion TO his meane, equally with