Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1854-11-24

,.Iu no "G"'HN '"c oh'" SESSION iCn projected by tl!t
Wings, 'fo prcr'nt prcmaturr rcrisi1p Ot thr rom
promise act, premature ng.tntip7 ct TIC Nctog0
Bank question: arc. In that speech Mr. Wise -a;d
with Mr. Madison, | believe that n National Bank
Is "bSof"'Y necessary, and must, by whatever othri
experiments you please, be rcsorird to in the end
believe such an institution not ov constitutional and
cNpodent, but ASA Southern amt States Riohls man,
supportlt MS the best friend Of the South which il
more injured by bad currency, than any other sec
ton of the country" &C., &c.
Il VIII Fnte ior such an institution if il he brought for.
ward at the right time, if it be properly organized
| &C., &c.
And when this was uttered it must be remembered
| that the Democrats themselves had been compelled
10 orcsort 10 the very worst of systemsthe pit Be- Il
system of Reuben NJ. Whitney, which Gen. Jack so!l
h6G, alter adopting il, been compelled Ia rcnuunrc
anu denounce Ii Mr.. Wise followed Jefferson Gn,l
Madison and Calhoun and Crawford, in gons fnr Il
BUNK OF the United States, the Democracy, Jackson
and all, had done worse in making substitute nf the
tag Bank and Owl Creek concern al. the Pet Banks.
Can Democrats who sustained Whitney, not have a
iittic charity for Democrats, who up 10 ~ backed
B'dd!e' But Mr.. Wise did not foresee that Gen.
Harrison would die 30 soon and Mr.. Tyler succeed
him. Mr.. Tyler did believe i'll the cops'u!ionGi-
| KN OF tho United Statcs Bunk. The moment Mr..
Wise got to his side, therefore, he urycd that Mr..
lycr was bonnd 10 rc0 bill To create another such
institution, and that the tine had not arrived for IL.
IT his conscience had allowed ham 70 sanction it.
| .lr Wise had commenced his opposition Ia the Ma
tlonal Republicans and now began active warfare
upon their rh0c policy. including that OF tho United
States Bank. He backed Mr.. IvlCr in his ve,ucs u
the Fiscal Bank and Of the Fiscal Corporation. And
AT the session of 1871, ~, he was one Of Commit.
tee composed of the six Corporal Guard" "t Mr.. Ty
Ter. with Gilmer and Gushing. and three OF the Wings
which reported tie rcry system IN substance,
operation, Gcn ca'i tc E.cch'yucr, and nor caHGd
Tile Sub- -7rcasury.
There is the report OF Committee, House of Rep
rtscntativcs, 1911, -. Mr. Wise had opposed ;Ec
sub Treasury project OF Tom Benton. But he and
Mr.. Gushing united, made that report in ISL l2 "f
An InGtpeMGcnt YrelS~rv, which Mr. Avn;, has en-
tir,ly passed III his examination from 1888 II
1851. Aud September l6h 1872, Mr.. Wise address.
ell letter in two parts 10 his 'cnsiirucri>, ;hc
subject "t tariff "t revenue. the two tariff bills I've
oed 10y Mr.. TylerJ distribution and the carrcncy.'-
In that letter lac said:
"N"w, with the unpopularity Of all banks. with
the perfect horror oI United States Bank which
has naturally seized upon the sovereign people after
all the events and developments OF the last few ycar-;
with thousands uttcrng millions Of curses through
cicnchcd teeth hreadrss by the fraudulent bankrup-
ties Of corporations, how expect the "Grbit!a-
mcnt OF enlightened public npinun,' To be III favor
OF another United States brnk ur ugcs to come Be-
fore expect thnt. late experience mus; hc
wrapped IN the oblivion OF ior-ctiuncss and ihcr"
must be miraculous revival Of souu! morality.
which is not likely 10 happen i'll our day oi perilu
on, dclaication perjury, irnnd and total loss "i al
confidence between innn aud his fellow man. The
executive is Justly arraycl against too W" mas!
try something else, AMI slowly move with cau:iuus
steps towards the perfection oi better system, which
will bring back 10 us better times. The government
must not now rely upon corporations. Nome OF them
10 bc trusted. II swear and bind by oath
and bond its own officers, and hold up tn them the
of the pil!ory and prncntiary, in order 10
securely receive, keep and dsburscihc public money.
II must use It's own eyes arms ana agents, regulated
by penal laws. This done, the means of Il medium
oi exchange provdcda plenty "revcnue pr ovidcd and
al our foreign relations settled in amv the times of
peace and plenty will com" again. Bat. in the