Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1854-02-07
Fbr Tie ENQUIRER.
FVf Ne EHGUFsT
the SuINrLAsTER CURRENCY
To tho General Assembly OF Virginia,

li Wliuut doubt, se.y gratifying large por.!cn Of
tho commpniy to raD, he the fact that
AcIc !, cSctci cfaal.:on prevailing with your bo!g 4"
enlc moro stringent and eilacua nu have him
erto been provided lo the OF the spurious H.
legal currency, usul:y called shnp currcEcy With
which The country !. now, ind has been fer sevca! years
past Overwhelmingly and annoy Hooded ID open
jehlEtc Of and 10 the litter Oppfu5tium Ct law
|! Is uudcrsHod, u!sn, that the p7n must likely to he
s that which hla been fcqIcnlly suggested OF rqnng
ec1ntt hotel ksccs other licensed persons ot every
description under ic Revenue uws, as conaon to o2
attached TO such licenses take cath ta! they will uot
during tho existence u nch censc violate any w % laws
lava n1ce lr HE suppression OF He circulation OF te eai
spurious and Illegal currency knowingly and willingly SUI
Ter or penl, any pcaon persons In their employment 10
Violate Inc same That such means are the most ehc-
en that he adopted for the purpose nj nestng The evil
ana wa 70 irsc extent at le!si arrest H. after much De-
bcFa on tho subject The writer canu0t enteruln doubt
Ills r'Dsons for thinking may be briefly stated as fol-
lows 10 VII:
lst That merchants hotel Hecpers - constitute largo
and cspeca bic OF tho community much
Ut5d the Idea ha they would that there many an"ag
an that wuat (s has been uncahteby SUPPOSED by
uuS UbCCJrs c such laws hcrdcssy and want0nty vio
atc such laS Ia disregard Vi the s6lsnn oaga3n o az
oah inlcri ought 10 o. regarded a slnIo upon tham
"a 10 suppoac.
"a That those persona have necessarily 10 tranaac Gr
0usiucss operations III such public 1nC that they could
uot, If any aGcng ihcn should bt disposed violate Inc
law, awR To ury considerable cxieu:, without buhG liza.
bIe u detection or exposure 10 lulny Least II not 10
prosecution.
o. Iha. merchants hotel keepers. &C. comprise ;hat po.
lion OF tic communicating al presen, deal much exen
svsy In such spurious currency; nd they
HANDLE :ecsve H. The rest vi the community woui
ini II be Gnt troublesome, disusoul,
TO induce them Il! r.pIdac reject IT, hence
IL would soon disappear uliuGcheI
1t Is believed :le't fore that law were &c De passed
tho elect suggested with suitable and cautious posl-
aonS could not ai have tho desired effect Of urcs.
c evil before stated 10 very large extent a; leas: u
not cnurcly.
Dui U;ncr provisions should deemed necessary they
ni@hl also be added; far Instance that should oe
u H..
alUns OF ne w committed IN their presence, pro-
per evidence given before ,hrm III such i1rm might be
riescIord ana hcr proposition might b., that
thDuii nave spec!1l oath administered 10 eni aJ
Gtrn TIC gepcal oath applicable IL This particular OIL
cncc In Question: III prescribed i,n, win language
pointed dislci minds .Ely latitude
Of GissrnsOr t!cir dury King
each law, they lGk they have. ~ to
the objection 10 the plan hcn made by some that wori
improper unjust ni merchants and others
take oath while the Test y! the co!Enuny left
e. there nothing in IT, IL 10 PERFECTLY consistent win
the ordinary oi cgissUn wncn favor priv ege
proposed nay individual or Individuals
portion c. the community to clog such favor privilege
wi;A aisch H. any condition which the good OF the
community may 10 require. And IS 10 the objection
that such oath might tend ~ cumnis sion secret
uries IL that should be to lew individuals s that
any thing TO 10 the public spectacle often
exhibited before tho oi the community In the conduct,
grand urrs In uing 10 make the etlo 10 enforce
the laws present in existence III toai Disregard o the 80
emu obligation OF oath, which, 1t would seem, cannot
properly DC regarded as any InG snort OF pcCfy comUeu
with the example also Of seeing the lava OF the land
duly and hpuy paIpabiy iramped Under foui'
Alter has cEcctng Jaw, WITH uil suitable provisions 10
suppres. the circulation uf such spurious is called
shnpasler CURRENCY; aud also all under the teuu5aa
ton dollars the biuks OF other States, the reader
would sec0uday propose that the several bnnk5 OF cnr
Stale authorized ro,pcciiveyto ssGe nutee 10
tain each unicr denomination oi five dollars
with the condition ANNEXED that tho parent bank and it,
branches bs sCvrr:y und respectively Compelled
to such IN gold silver coIn upon lhClr
InR ic,ta:cd 2GipuG3 irrespective cl c haHa az
mad: ~
said, that the bank
would not avail Of the pr!'egD proposed OF issuing such
small notes with the condition attached 10 It, II Of
frtcd them; IL Is hoped that II not all the of
would do co. especially when !: usce.taned that
the community generally desired such accommodation
their hanos
Such condition. II s presumed, could be very one
tic banks, ~! ,GIs, that the very great
OF such :nel note currency, U genuine CHr:
which generally preferred even 10 Pecle except io vciy
small change, und the necessity OF which would exist or
lou ghout the Stale rilcr The total withdrawal from
tion OF the snPaste currency and notes under five dol.
lars tho banks Of other States would be such PIE
srC snail Eoce from being al any time forced upon
BANKS conaldo,a bic nconvcnicnt amounts;
ory necessity might y require small specie
chauQe and thus 5 hoped that Wholesome and
tQulibSm In genuine legitimate small specie
currency might 4 reasonable be preserved In
event II Is hoped il will DC deemed uIpctirnI tho pyi.
pe alluded TO- coupled win euch condition. specrd
the redemption Of lie SAID notes may be preferred
banks for acccuuce rrJectun whether will
Imply responsibility or responsibility.
CHARLOTTESVILLE