Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1844-11-22
1-I7r DpCcrIT-THE FUTURE

We cordially respond to the following senii-
meats in Monday Wing:
San alarm has ditiused itself already, OF very
norn;c;o,I, tendency. We call upon the commu-
pily % resist its infection. Yield to no panic"
is il not most strange, that before The votes OF
all he States are known, and long before The
Colleges Of Electors, in The different states, nave
convened 10 cast their votes for Presidehi; the
stock. iobbers of the North have succeeded IN
qetip" M .panic' which has actually reached
his city?' We were amused and asionished al a
onestion propcunded To us By an intelligent Wing
merchant and valued friend, in lone of alarm
What are YOU all going 10 DO with the BanksE
We Al once referred him 10 the past history OF
Virginia when the Democrats wee IN power;
and that has always been the case, with rare e1-
ceplions We asked him il the Democrats had
ever made Vandal inruad, upon the Banking
institutions. intertered with The rights OF property,
prescribed good officers toropinion sake, or VIII
fully sacrificed the honor and welfare oil The STATE
or The rights ard privileges OF individuals =
Had not the very reverse been true? Had not
The Democratic Legislatures always guarded the
well.nanaged State Corporations, protected nd-
yidual rights from the fatal influence OF Stay
laws and other pernicious temporary remedies,
re-apponled, over and over again, useful and
faithful officers, and saved Tie honor OF Virginia
from reputation, al time OF danger and dis
tress? Such had been The course OF the Republi-
can party of Virginia, and we had every guaran-
tee that il wonld continue TO be so.
The defeat Of Mr.. Clay, and the election OF
Mr. Polk, have for its most important result The
keeping within their r!cpcr limits The narrow
powers Of the General Government. we have
promised 10 protect the people from tao mDei Le
sislation: always unequal and oppressive, steal
ing from the may 10 sarich The few. wee expect
the Government 10 nc administered on the safe
and plain rules which Washington ana Jefferson
adopted Equal rights 10 all, an taEors 10 none"
has been the motto Of the Republican party. II
il lie carried out, as We doubt not it will be, the
people have nothing 10 fear. Business will take
a steady and certain stand, and prosperity will
surely follow.
These "Panics" have been iavori;r weapons
with the Wings, especially al the North. We
repeat with the Wig, yield 10 no panic II Is
time enough 10 be alarmed, when Col. Polk gels
into power, and proposes measures, whose elect
,!rnce in his wisdom and prudence, and We ask
for his administration L tar trial We have n"
fear that any Of The grea. interests will suffer IN
der his suiance-on the contrary, we feel every
confidence that as soon as matters settle down,
and wise and permanent arrangement OF the
yexed questions is agreed upon By The Represen-
tatves Of the people, the business affairs OF the
country will be placed On firm and solid basis
of prosperity.
To show The nature oi these "PaEcs,' We cx-
tract the following from the New York Herald
and SUM- (neulral)
"TnE PASIc-The Wall stree, papers still con
linue to give accounts OF the breaking up OF bust
ness arrangements, in consequence of The defeat
of Mr. Clay and additional improbable state
ments, with The view olcrea,ing panic. II any
manufacturers have relinquished intended enter
prise>, or any capitalists who had designed build
ing factories, have shrunk back, that only keep,
the field clear for existing establishments. But
we know very well that no sound, rational scheme
has been abandoned iii consequence of the cleo
ion. That result gives new hopes and ireshcr
energy rather than the reverse. The prospects
of increased foreign trade are brighter than ever
and many new ships will doubtless be laid on The
stocks during the year. Fancy stocks may lali,
bat all legitimate branches OF trade finance and
commercial enterprise in general, will not be al
teced one ioia to their hurt: but will bound for
ward with greater freedom and success, now that
the excitement Is over
~ tier the election al General Jackson, in 1872
q similar attempt 10 create panic was made hy
certain monied interests. Ii was sci on foot nv
lle United States Bank, and concurred in by The
Wings generally. But il only burnt the fingers
of the very men concerned in il"
.Scw Ymk H-ra'd
"PASics.-We perceive or think We perceive,
a disposition on The part ofsome not pleased with
the result Of The late election 10 get up something
like business or money panic b. declaring lha,
money now will re scarce that less goods will be
imported, that the revenue will fall OFT and manu-
faclurers will close their business and similar
gyngS Cit aud differences calculated on weak
minds 10 make an injurious impression. WHO is
injured ~ throwing up false lights? Not the
successful pariy-thcy Lave the Government lor
four wears and ii cannot bc wresed from them.
The irue policy i To believe that Mr. Polk
will 90 as III: rs Mr.. Clay 10 protect the honor
and Interests Of the country, anl that he will
TO nothing TO lcopariise IL" property or put
At hazard Ihe interest, happiness and :cculty g!
the people Manufacturing Interests may rely
upon il, sag the Democrats, t!,at nothing rash, or
violent, or destructive is iii contemplation in rc
lalcn 10 lie Tariff. Whenever it is approached,
We trust it ill be dvescd OF all political coorino;
and as the law on certain articles requires rev-
sion, it should he done without sacrificing my car
d:aaI interest Ali inat importers have 10 do Is
10 avoid the raShnesS and folly Of csj, L. bus rs
nearly Is they can for cash. and 10 sell for cash,
10 keep clear oil ovcrlrading and he content with
safe profits, and there will be no cause for
panic.-[. Nor YmA San.