Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1855-10-30


stutcs the public fortune be taken into account anu
which has been effected by the increasc OF Interest
resulting from tue fall in tie Reie hc loss 40" I"
20 amount TO SEVERAL Millions.
FUTURE CRISIS WHICH Is ArrREHESnkp, nm" ~" ~,
,urb4lions in commercial enterprises, rh'c~ "'"''
Tie consequence, produce a Jar greater e''eN ."
imagination Of tie public than me dchce"'y " "o
harres. There is probably some exaSserauon !"
rhes. f,rebodurs but when we take into consider"o'
the difficulty in classifying the last loan vi
$50 900 UOO it cannot be denied that there Is S"'e
foundation for them. considerable nnmoer Oh INC
subscribers to that loan specufded on ''se ana an
tici,nted good profit. L was no doubt periec',y
,itimnte speculation, but It WAS no "i'ou '' lien,
;rssnucb as the same number OF suDScr'oe''-"'u
ia, ,roor ia now before us-bad not IN reserve "hefe
,;,h I, pay up the monthly instalment OF 'he
TWENTIETH PART OF THE CAPITAL lhhi
u,D OBTAINED and still less Of the capital iour
- s,.o ,,es ,nore considerable for which they hau
.,,hscr;bed in anticipation Of the proportiona'o re-
uc,ou in tbs subscriptions. Every one desired 10 re-
r-,G, and FASTENED to sell out the moment me
.,,,a os ,bo P,ufs rose ever so little This d'pr"S'
.on continuing from day to day. together N"" ',"'
~. f,fur, forces not only the holders OF lhc "A
all I'M, ,bo,c who are obliged to create re'ouf
|
" =. ,,,, f,,ure crisis" "As mh'-
49,. ,,,r oro II il apprehended by the less cont'c"'
w. d., ,,,,,;r. TINT, with t,e continuance oil 'no
r". and u,bout any near prospect of peace ''s
p..,. may fall to 60 francs lits par value is i'o
francsl and even under-,"" H. I" l."
rhirh Il uras quoted during ne ""'e "S"'e" ""''
certain period Of The last i'fp"0'c'
huve thus drawn coploasy, from not al over
al. vi 81
willing witness, to show You Inv condition INT" w'"'"
""''o 81 Fr,ucc aud the articles
tn which he ha. had RECOURSE ,, .a..;,, h;,..,.if-
Tho, national debt which no .-...,I .;,,. Il,
p.urped the government, il it ever be .,,, o.c.r
,,,d will be found 10 amount to but little -. ,,,
,,e thousand millions Of dollars AS h. enjoyed the
credit of raising tho Funds 10 an umwarranied point,
no will have TO bear the blame which vii! attach t"
III. bankruptcy ensuing from their depres7i'n ra'r
glory answers us valuable purpose t" ITS p'sseS1o''
until its :mocrertons arc revealed, Us thai WHEN Is
Genuine II was 80 in the case OF john LAW, nnd
mar, recently, in that of renowned American bank
cr. Impositions are not difficult upon our species
unriI circumstances cell for their exposition Doctor
Gardner was quite a lion in his way. From his sue
ces.es heretofore, Louis Napoleon has created very
general impression that he is Il REALLY great man -
In thi. opinion participated lie is as stupid
n. he WAS desperate in his fortunes when France III
yited him home and his iriumphs hav, resulted mo- c
from the subtle und umprincipled men who hav" sur
rounded him, than from any Capatit! OF his own
| Miracles alone can prolOng his rule Without the
war he would have gone long ago with H. selt-immo-
,atop cannot be delayed for longthenei period.
Like the infatuated rattcsnake, he will die by the poi
son which he has ensendcrcd.
What spectacle tho three great Powers OF the
Old World present a: this moment! Russia de'pnIl'
ed of her PRESTIGE deprived Of her STRONGHOLD shorn
of her strength England Inundated by her nc
knowledgcd physical inferiority to her ally! France
invincibls in combat but upon tho very verge of n
| slupenduus bankruptcy
How different the condition of Amerisn to either, if
Americans were only faithful to thcm'elves II we
can only remain united upon the principles TINT tho
founders of the Union designed that We should, we
,nnd beuceforth and forever will he, II tho head OF
the nations of the earth. But distinguished rs il, or
would be- such an honor would, for one, prefer not
TO .nov it bo purchased at the prto Of aclulcs-
cence to solitary Free Soil sentiment.
In conclusion, let me besecch y"u IL orcby and
steadily urge the South to hatcn to completion, LID
magpidc.nt network Of Railroads.. Those roads
will not only tighten tho political bonl' which bind
the Slave States together making one the near neigh
Dor of another but they WILL in the enc, relieve each
from pscuniary taxation aud unfold it. hitherto hid
den resources TO the wide worlds good. But in this
connection shall have occasion To write you aIalE III