Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1847-11-30

eress. The larger one shows Inc position Vi o''
continent as compared with Europe and Africa
on one side and Asia on the other, placing Us III
the csntre-Europe 5000 miles from US WIN d
nonula,ion OF ESQ 600 coo and asia on inc o'ne'
side, abou; 5000 miles from US win Popu'as'oA
OF more than 7OOOOO,OOo The raisoaa aoios,
o,r continent will make Us The centre anu
,borouphlare Ter boh-and, If competed, WI"
doubtless lead 10 the most magnificent resuls.-
The subject is grand but we have nos ye' cA'
amined i, in all lis length ard breadth, 10 form
definite conclusion.
We cannot occupy small! space oil our CO.
,umns with better materials than the following ar
,;cle Of The II. York Journal OF Commerce. Il
ia marked w h the sound hand sense and con-
rise reasoning, which characterize that journal,
generally regarded as most reliable authority on
COMMERCIAL affairs. There is vein OF humor-
Gus irony running through il which gives II
strength:
BREAxING THE BANxs.-Whcn we UNDERTOOK 10
ouarantce The Banks against the Eastern predic.
;,nn ,i,a, they would break IRON Mexico 10 Pas
somaeuody before mex. June, IL was with The I'M
ders,andiDe that The manufacturers were SIM
ccrr in their expectation ot ruin from free trade
and thai il The Revenue Tariff should pass, they
would act in accordance with The declarations
,bcy made, and curlaii their business. Besides,
il was free trade which il was predicted would
break the Banks, and all that we tnon2h! oil pro
,eriing The Banks from, was, the danger on mat
side. We never guaranteed The Banks against
the greatest possb cxllavagancics oi The Farm
men themselves. We did not pledge ourselves
.ha. all shnnli go well though Inc pfoiec;ionlsis
should noll Jubilee upon Inc advent OF Tree
trade and Immediately launch form INTO create!
investments than they ever made un'cr any de-
cree oil protection. We never lhough' Of such
thing as that The Boston men should buy up all
the Existing railroads, and build all the new ones
in ALL directions, buy coal mines and iron mines,
and bu!a iorees all over the Country, put Two
new factories b. The side If every old one and
build new cities O. mills as fast as children build
cob. houses, and lben all al once STOP discounlng
al all their Banks, call on quiet Providence Tor
halt a million, and drain Wall street OF million
and halt at the rate Of one 10 one and half per
cent. month. We say we did not anticipate
such transactions, and never made ourselyc' re-
sponsibe for then. What we guaranteed vas,
that the Banks should not break as The direct con-
sequence OF passing The Revenue Tariff. Whe-
Their they might not possibly be made TO break by
SCcN lnuiIeCi Consequences aS VIC Aofc ueS~'i NV,
We never considered.
However, "iair play is jewel " We &C.
knowledge that we have always he'd that pro-
phets should foresee all possible events, and so
have condemned The prophet, of protection, who,
when hey predicted ruin, and plenty came, were
always saying, "Oh we did not expect that This
or that incident would occur, which has turned
the whole matter the other way" Such men arc
always false prophets; Tor what can be more cef-
lain evidence of This than the confession Of a pro-
phct that he did not forese- all possible contingent
cies. The e1cnse is plea Of guilty. So lei the
prophets understand that when they say The
Banks will break, we must have the Banks break.
We shall take no counter incidents in place oilhe
erea; prognoslcaied fact We confess ourselves
bound by these rules, and so We stand 10 il that
the Banks will rot break. The wise men OF The
East may buy all creation il they can get
deed Of il, and do what they like, but they can
no, break the Banks before next Jn-e, nor before
any other month Of any other year that they will
ever sec, unless the American people Should be
mad enough 10 erect another National Bank and
another Prolccivc Tariff. Ii that li'nc should
ever unfortunately reapprar NJ political economy
can inresee The disasters that may happen. But
under The reign ofi;ec Trade, we know something.