Richmond daily times. [volume] (Richmond [Va.]) 1850-1853, 1852-10-14
Local lntslligenoe~City Affairs, 80.

UNION BANK Row.-On Tuesday evening last
Patrick F'Iaherty, Jr., Patrick Faherty, ST., and
Andrew Tierney, finding themselves possessed of
Union Bank note of the smallest denomination,
very nationally came to the conclusion that if it
was good for anything, it ought to be COED for .i-
quor for the crowd" so they walked into shop
situated on the corner Of Broad and 6th streets,
kept by Mrs. Gunderheimer, and called for elsa
ses three on the faith of the 81 Union Bank note
But Mrs G. refused to furnish tho desired beyer,
age for paper of tina tdescripfiod wI71f3sf tn,
drouthy trio became indignant- -abuasd Ms q
and finally gave vent to their spleen BY hamla,e
ring one of the front windows, to the great detrS
ment Of the glass therein. This rather uneslts,ss
and unseemly conduct, attra cted the attention
of the police; the trio were taken into custodv
and brought before the Mayors Court yesterday
and held to bail for good behaviour.
The CuRRErcY.--The recent suspension &C
the Bank Of the Union has only, we fear, giyeo
US foretaste Of the choice blessings yet ia stsre
for the good people Of this State. Our currency.
so far rs this city is concerned, at least. il conn
posed almost exclusively of notes under the de-
nomination of five dollars. These notes, it Is
scarcely necessary for to say are nearly Ut. is
sued by institutions or individuals, over whom our
Courts have no jurisdiction. They constitute, too
an illegal tender-consequent those who receive
them are equally culpable, in the eye OF the law
with those who issue them. Now, who is to
blame for this delectable state fhin Why
our Locofoco rulers, clearly d [gP6tabiy.s--
Year after year, the Wings in the Legislature
have endeavoured to procure a repeal of the law
prohibiting own solvent banking institutions
from issuing notes of less denomination than
five dollars. But these efeyts have been as
steadfastly defeated by the Locofocos. What is
the consequence! This city is overrun by an ire
deemabe if not entirely worthless currency. The
Merchant, the Mechanic, and the man of bust
ness is forced to submit almost daily to n heavy
share to procure funds wterewith 70 meet obi
cations due in bank.
This shave amounts to direct tax upon the
business of the people; it benefits nobody, except
the broker, whilst itinures trade and business to
a heavy extent.
When the Democratic party enacted the Sub
Treasury system, the People were assured that
they should have .hard money currency
Gold, they said, would float up and down the
Mississippi river, as we'll as over the main cham
nels of INSTRUMENTATION throughout the land.
Every substantial citizen they predicted, would
| be provided with a siken purse, through the
| interstices Of which the precious metal-the
real Bento mint drops-would shine and glisten!
How beautifully all these golden visions have
| been realised In place Of hard money they
have given us rags-worthless, irmedeemable'
rags. The vaults of the Sub-Treasuries arc
filed to depletion with gold and silver, whilst
the pockets of the People are stuffed with rags
Let the People remember these things, en- the q
1 81 November. lfthsy wish 2 CONT of
these evils, let them Rem6sz Eet;
but if they. desire