Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1849-05-01
MR.. BorTs' ASSERTION vs.. THE VOICE OF

| MR. Bolts ASSERTION vs.. THE VOICE or
THE MERCHANTS.
| In his African Church Wing rally on Wcdnes-
/ day night Mir. Bots undertook 10 use up the
| lnjependent Treasury-told US how the public
officers, Tor violating ii, had committed ieiony'
and mered confinement in the Penlten!lary,
| (R. j. Wake, he said should be sent there ior
sir hundred years land produced letter from
| McCnnlock Young, acting Secretary OF Ifeasu-
| nv, upon which he commented, 10 Inc greai
| Announcement Of his "B'hoys." as discrediIable
| evasion Of the law. This Letter was however,
| so long that he did not read i-and Mr.. Seldom
very properly rerorted thai he could not be expec-
TED 10 defend and explain a letter, which MI
Bots bad moi read 10 the people and had not puo-
ished, so ha all might interpret II fairly and
as whole Mr.. B. sill persisted IN denouncins
the Sub.Treasury sysem-and expressed tne
hope ami belief, that the Whs administration
would do away with it, and substitute an Uni
ted States Bank, without which, he teit sure
he country could not get along. few days
since we published n long and able article from
the New York Journal Of Commerce, the ac-
knowedged reflector Of the commercial sehti-
ment, which, though formerly opposed to the
CONSTITUTE onal Treasury, deprecated its repeal
and the con, equent eturn TO National Bank,
or the Pet Bank System, and warmly appea ed
10 the Administration (of which it is an advo-
cate) 10 listen 10 the voice of truth and expe.
ricnce. and maintain The system which, with
few necessary amendments recommended by
MIR. Walker himself, would continue 10 work
safely and well. We snail mol again publish
the article, but ask leave to introduce the New
York correspondent Of the Union, 10 show how
tha, article is appreciated in New York BY the
business men, Wings and all, who have al
cas-, as much interest in safe and elective
monetary system as MIR. Bolts and his clamor-
Gus supporters. Will Old Zac's Cabinet lis
ten 10 the advice:
"Onr o the most imrorlant poiica demon
STATIONS cf The day WAS mad on Saturday iast
by The Journal OF Commerce, in its very unexpet-
led ana really powerful defence OF the ind pen
len, treasury system; 10 which heretofore, Il mas
een regarded a declded oppoaerl. |! may no.
be knowr 10 your readers that TINS journal alone
OF New York CRY papers, is the ofean- here ne
acknuw edged oIgan-oi the class OF men N
rade WIN wnom business IS business-he iair
nones, ani legitimate business OF lie. II is no.
an adjunct 10 politics; nor is IL Spectator upon
scorer sdvices or rumOrs with reference 10 stocks
which, At be>l IS little more morally correct
than .hc business Of living by playing with mark
I'd cards. The Journal oil Commerce, OF such
o.es,;on, spca,is The sentiments OF The men o.
his civ who have bOda fdc means invested IN
ira ie OF which (naying been accumu aled by
nard work. they are scrupuOusly Careful. This
class heretofore has been claimed by Cur p0llll-
ca, opponents as being heart and soul with them,
against the independent treasury principle. nave
previously written you, yon will recoleci, mat
great change IN lnis connexon has come over
,ne,r mints; and in This leader we have deci1ed
nroot of The tact. The demonstration is OF I'M
ponance as without the coua.euance OF those
alone who are really directly interested in The
manner in which the government money Is
KEPT and whom the journal represents, the mer-
char. poi,ticrans or adventures and the stock
gambling politicians will be compelled to for
ever abandon all show OF serious opposition 10
the permanence ot tic independent or sub-rea
surv system. II is not my province 10 repeat
h. strong argument in favor oi the system
wnch the eGio: Of that paper puts forth, "a II is
Within Your reach Tor republication. Bui
! mus, be permitted 10 say that its briei summa-
| ~ IL the operation u &c Two systems his and
III pe-baut sYS ern row = lily possible rIya !,
| as eve. ac.j IS laai rutbiu exponent, expe-
rience, will never be attempted 10 be answered by
| the many journals in The interest of The schem-
| ing fellows VITO desire even yet 10 use the mo.
| ney OF the public in th-ir nriviie business