Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1844-03-22
POLITICAL.
FOR TIE ENQUIRER.
TO THE CooNs, alas FEDERAL WINGS OF VIRGINIA.

ou' IN p'acl'ce lruois, drawn from wing actresses
ana documents, were exhibited. Advocating now The
iarf OF az, and sustaining the policy of protection
you induced The belief then, tha. your party had
DO iaea OF revIVng system which You MAINTAIN
ed had been put at rest by the compromise
itu asserted, that The Tariff had ceased 10 De
practical question that ii was "dead and OBJ
solete, (see Yeonan OF S pit, 1s40)-that protec,ve
duties arc longer aecessary,he stability OF ma
nu'actur'ng establishments enabling them TO mantaIh
competition with foreign iabrcs without resort TO
thus ex'raneons support" Power being obtained BY
false prelences, and Tariff by which many articles OF
import are taxed from 81 $50 per cent being Pos:-
eddy Wing Congress, no longer hear from you that
protection il unnecessary; but we fndyou speaking OF
this Tariff With exula!oa aud triumph and prnclan'ng
Il as the 'princpat fiUt OF the victory Of 1870 You
defend that very bill, winch you. professions IN loiU
authorized the country TO believe you would denounce
with indignation and condemn without measn!e.-
Your late Address speaking OF the effects of The pre-
sent tari, says, "lhe rhOie country feels lis uoJyng
influence, aud It has "gIven a impulse 10 ererg
branch OF American industry, agricuitnyai CONNER
cal, &c Why add Insult to injury: Why mock ut
oar msio'tunes? Why indulge in such unfeellng ro-
ny: LOOK al HE prices paid Tor some time past, and
paying row for the great staple eff tobacco, and you
will find The ln!efor kind selling at 81 80 cents per
loo lbs White commentary upon the ''new impulse
aud "yivityiGg lniiuence al your tariff panacea II
Sen Harrison and yourselves were honestly opposed
to revival OF The protective policy, you declared IA
yourselves nad 10 the country 10 explain the cIrcum-
stances and reasons why You now uphold system,
rhich you Reproduced four years ago /,
An English Reviewer has recently called us pig
rs aided ma ion. Your leaders do not say words,
but they set if they thought il 2 compliment which
The people OF the United States fully deserve During
the la Presidential! Canvass you initiated the policy
If the rlshman, who, when asked whittier he was drl-
wing his pig, said he taking him TO Cork, but was
making him believe that he vas going TO Fermoy Out OF
power, you held that protective duties were no longer
necessary; in power, you advocate tl.e bestowal Of
legislative bountles upon class Of society, and act
IS II you thought that the manufacturing industry en-
hraced the whole domestic industry Df the country.
Unless you mperrous 10 all arguments conf ctlng
"th you: prtconcelved views, let me commend TO your
pernsa the mastery speeches of hlessrs McDuihe and
Woodbury. against the present Tariff Bill. II reason
ing conclusive fail to carry conviction 10 your minds
Then you would not believe, though one should rise
from the dead.
Letus turn to the question Of National Bank,
IN reference 10 which your party has evnced double
dealing not less dlsreFuabe than manifested IN re-
gard To The tariff The address comes oct openly in
favor e a Nliionnl Bank, and that the Coons
Disgusting nothing-concealng nolhlng-are wiling
10 abide the public Judgment on the principles we
maintlln and the measures we recommend No Gre
DIT is due for THIS appare frankness II comes very
ia,e aud has evidently been ex,oled by the events Of
the las, three years, which rendered longer disguise
and conccalment on your part mpractIcnoie Oae OF
yonr leading arguments in favor OF Il National Bank
was That il indispensable rs a regulator Of ex-
changes. Bn. the exchanges having been regn'
lated without Bank of the United States, your
leaders turn round, with Jim Crow versatility and
reject and spurn of your leading positions. The
Address says the Wings desire institution which
" iii be useful in "conducting, as i, would mot regu
la,ing) the exchanges" With what facility md alac
r',y you Coons jump from limb 10 limb. National
3auk is no longer needed to regulate the exchanges
IN hem INT
how credtable to The pol',cn deztery of the party.
The Address prays for National Bank which will FUR
nish paper currency ''safe sound and fairly dlsr-
buted and By the abundance OF which, ! suppose,
you hope, tn. p"or lo"rer VII be enabled to carr
''lhe - per day and plenty Of roast beet, promised
by your party four years ago The last National Bank
is putTed "acuaily accomplishing for the country
all The g0od which aege such institution TO De
capable Of producing have the leisure 10 review
the conduct of the late Bank IF the u S, which
consigned 10 oblivion by the fiat of the popular will,
notwithstanding ''a the good it thought to dis
pensc !. fell by the verdict, and in conformity with
the wishes Of overwhelming majority Of the Anne
ican people II tried, and found guilty OF having
repeatedly dsregarded and violated its duty The fiscal
agent OF the Government-of having, from time 10
time, ex,ravnganlly expanded, and suddenly and
lonly contracted the currency, thereby causing in
tense embarrassment and pecunary pressure-of hav-
IN subsidized the press, and msapplied its funds IN
ya!ous WAYS, 10 acquire Influence and parpeuitt the
II
abused These were OF the enormous offences
for which i, was tried, and, after full hearing con.
demned by the general voice Of the nation The re-
collection Of the money pressure OF lSl9, and snose-
ouen periods all occurring during the existence OF the
Bank is yet resh and painfully vivid 10 the minds oil
thousands Turn to Mr.. Clays speech in the House
of Representatives in 1924, in support of the Tariff OF
that year. What picture does he present ofihe con-
dition Of The country years after the last Bank
went into operation He declared, that "the whole
mass of the property Of the nation had sunk, on ave-
rage less Than tty per cent ,citin fe'o years
This distress rergades every part OF the Union, every
class of soriety all feel it. lie referred to the "dmn-
sed experts Of native produce, the depressed state OF
our foreign navigation, diminished commerce, sue
csssive unhreshed crops OF gram, perishng IN our
barns and barn yards for the want Of a market, Nc
He then nourned "the alarming diminuon OF the
circulating medium the numerous bankruptcies extend
inp to all orders of society, uniUerSat complaint OF
the want of employment, and consequent reduction
NJ the wages Of labor This state of things was
mainly cuused by the conduct OF the Bank. hap
nily for the Government and the country, no snch
institution now exists. We have the authority OF
Mr.. Cheves and others for saying, that the late
National Bank ives twice thrice on The eve OF
sus pension OF specie payments. Had such an event
Gee urred The consequences would have been 'renen
dous The Bank of England suspended specie pay
ments in 1877, and was unable 10 resume Tor moe
imam 20 years To that suspension Giu,t be ascroed,
Mr. Alison the histor,an "umate effects, as dis
,strors as the immediate were beneficial the continued
rsc in rents, and fall in the value of money; increased
exnendure and cx,ravagant habits IN all classes OF
society; unbouuded speculation and frequent disasters
\ raciilation of prices, unparalleled IN o"y age 81 Tie
orJ3 creation of property in some, and destruction
h win others, which equaled, in lis ultimate con-
seonences, all but the disasters of Revoon. :
90 very article of lfe, he continues, was doubled
in nrice and the subsequent "dIstess and suffering
omona The industrious classes. long exceeded any thing
ever before witnessed in our history
Such are the fruits and results OF these great regua-
TORS. which bid defiance TO oil regulation themselves
Ynnr Address declares that the Wings have been "ol-
cd in our uhe) just expectation OF having our cur
rencv nlaced on it's former footing" By whom BY
me Republican party: No; by MIR. Tyler, whom
van have placed in power You were deservedy foil
ID; but YOU have not proven, nor did the authors OF
The Address atenp: to prove that they had any Jrsr
e,neclo,ion of success. They had too much discre.
lion and were too diplomatic, TO make the attempt
They even s,udiously avoided using The word hank,
in the sentence Taken in conjunction with other pas
snprs, the language certainly refers to Bank. "na'
urrsr evacuation had you of seeing Bank es'a'-
SIZED IT us not content ourselves with looking al
,u- q set Of books Cor ic4i; on Inc contrary, lei
turn TO The books used by you in i5iG, and see whe
,ber vour declarations and professions OF that PERIOD
warran, any such expectation as has been Proclaimed
Caring The session Of lc33'39, the wing members
Of The Legislature, Claiming ito speak Inc sentiments
1nfa