Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1856-02-18

uon ol their valuable time By the greve To learn
that Beau Hickman Is dissatisfied with the preference
which has been manifested tor Bolts, aud complains that
his own claims have been ungenerously overlooked
cannot altogether sgrce with him Eminent both these
gentlemen de>erVedly and distinguished they
both for lofty patriotism and disregard of self
vet If "OdorOus comparisons" must BE- made, il
does seem TO that Bos services very greatly excel
those OF the lu>triOuS Hickman. Moreover, the Beans
pccunary resources now in healthy state, and he
can afford TO wait 4 combination OF grateful councils
viii ultimately reward him for magn.nimous withdrawal
IN favor OF his distinguished rival IKE.
To The Editors Of tie Richmond Wing.
have read with great the remarks OF Mr. Mae
iarlaui on the principles of Banking made before the
Committee OF the legislature engaged in investigating
that subject They every thing that they ought
be, far he went but he might have gone much fur
Their beg him and the public when presume
oaii 20 what elnated from distnguisheia source
lie might have said that all attempts to deeriorate the
currency treason against mankind that money Wa-
the representative OF labor that the aborer having earned
it Untitled TO IT, without dclson subieruge or imposi
ton, that gold and silver having intrinsic value through
out the world that thing ony which should be call
Ell money; that there cond be no substitute for gold aud
silver anI hlt it beyond the wit OF man to point one
out That even thu alchemi,t offered substitute
effort was TO convert something else into the preciou,
metals. But he has think failed and believe the general
conclusion j. he ever will tail
Ii Is true that ia free and Commercial Country bank.
absolutely Necessary they cannot be dispensed with
but they should have permanent uniform AMI unqualified
cr,iitani the only possible way in which they can have
hat credit Is 10 he able all times to redeem their obi
cations n gold aud silver its uuquesonabl,
Now which th, best foundation for that creiits An ac
p capital of sold aud silver on hand treasured in their
vaults and ready be paid those having lawful demands
against hem the bonds Of the OF Virginia the value
l. Ut sl and
vertable into such medium, which i the only one made
.a"ia. icnicr IL ihr plyiucat oil debts.
Why should the Legislature, when the notes of Banks
have become the common currency ofte country instead
o requiring tc best basis ur tcir redemption Offer one
Shch is uuquc>tioualy worse &, wit: state bonds and
Shch j. 90 fact offered ouly because il /, Nor-c.
l. II not an effort the part OF the force it,
'rcdt upon tile public: The old a-isuat princple re-
svrE ID t1r State wishes o. it, credit 10 il them
Elves do II above board. II their boni. equivalent
tu Gold and silver, they will tui difficulty In making
te eAchWsc Blu; 10 resort to the system Of brokerage
attempted, 10y converting the Banks ino brokers eel
their bonds which they 10 II they constitute part
Of their trading caY, is alike Injurious not only the
Bank, but 10 every member OF the community.
II l. an attempt o. rs-aie the bonds Of the State into
given value and 30 else will rive their par value.
hc Banks 90 De invited and forced 10 do that thing
tud the Banks and through them the community ar, To
pay tH' pperBut they may be assured that the Com
uuuity will not dance long music Of that sort-an ex-
F.'-nn must soon follow the foundation give way
and the whole -upertruction will fall in ruins about their
Ti- viii not be c first time thatit ha- bcen .ttempt
e by Legislation 10 llyance h4t which is less valuable aud
10 plc- IL upon the ground with that which has
hrm ani tr,lc yin" and could not believe the
tent o which tho effort has been carried If did not fud
! SHAT effort in cAt-n~o upon the Statute book
n toe March session Of the Virginia Legislature In the
wear % ldi5 just wanting few days Of 2Ol wears lI-
henmg Statute at large pages 4i0Il You will find the
following irt OF Assembly Act " For the greater en-
courg men ofmIuuicure- and other trades be il erar
ted that l pieces ri Eight, of chaf D.is soeger shall
pass Tor current AMI asiu, five sllng- per piece
immediately after publication Vi this act and any per.
p or persons shall rriu-- any piece prces in and
auy consideration rendered eu the said patty 80
refusing -hall be liable 10 the Of the neat eus,-
eng court, where -uch contempt shall be- offered" Here
then the act with IT, object it. pains aud penalties
We Tad repeal oi u and the Historian j. silent ~ To
Us reception and effect but j. a rational Being We
must infer th'tit persisted thing unworthy the annals
| Of mankind.
| Lcg.iuvc tlmpcrng can't effect every thing VA.
pocon Buuapartc with without parallel u human
history could NOS carry into effect his continental systcn
The nations Of Europe became restless under it, effect aud
they ''no" bad some taste for the ojoymen' Of e They
liked sugar then much do now but hi- restrictive
system forbid b. lle offered them q sub.tituts-aud
when argument WI. exhausted the nurse Of hi. child
VS. carciturI offering to the child large Beet with the
words "'at Honey your Daddy says it, sugar" Now M
ionbt brf some sugar might be- gotten Of The beet aud
some Gold GnI silver might be- sp,en out Of State Boud-
'I e bret ~a- about ~ Zee from tue sugar the
| bonds wi Doe found a. Doe from the gold aud silver.
| hr Mcfarland might have told the committee that
there ~rf" some things which, II u not sacrg. to
II
baud That among them were government religion aud
tn' currency e.; ." country. That the present currency
ri virginia 30 itr as she hiuk Of Virginia tie Farmers
Bank, aud Tue Exchange Bank. concerned had
'i-i and was satisfactory 10 the community thar r-,hf
h1f b'en bed md >siaLisbei aud that during the last
Nnr with Great BniiH neither The General Government
or ur State. could have gotten along week without
the rid and credit ~ the Bank n Virginia She stood
Iroushout that momoutou. period, firm the ada
nntne rock. upon which The American continent rests
che writer has seen the treasury notes ~ the United
iUr nj rata of a
lplh- iof cehtyiK dollars. e has seen. when the pay
ily Of Inc soldiers would arrive. with what cagrrnes aud
| with what gratitude The soldier would extend HE hand
uI receive biz pay Boo the Virginia note. Rec0lecous
Ar thr-e ahpYI induce reverence aud respect Of the
uo sacred character, leading 10 che prayers that thr
Eternal sunshine m ,ht -aue forever upon bcr head And
"y disturb her and why disturb tho.e Of her character
who kc bof have stood like tts mDuntairs base about
Which ihr job storm "a-tes itself boz vain.
Remember The cpinph whore The iuhabilant Of the
/ grave reminds the reader d" we'll wanted ~ be-
/ D,uer, scut Tor thc doctor. and here am"
Ana now gentlemen, permit me 10 ak Of you the syor
=" inserting ihs communication in your columns. and oi
euiug ni tc aid you % rc.clnfter The Virginia.
tnrGD- and Exchange Banks and instead Of Gripping
ITEM With 0ncroi- conditions and reckless cHpnment 10
cI'h' t"m with every facility which would cnahlo them
umfH- th" currency of the county With profit a. them.
selves and with benefit al who may n.k their agency.
Ani o 100 thc thing with the other banks which
h'.e entitled tIiomsei,os ~ the public confidence.
You may rDst assured that by doing you win aid n
c'"p'"rga great public good And that You will en-
uir Fpu'-eu tD hc gratitude not ouIy ol vino sub
-rrJs initial the third letter Of the alphabet and
Hhoe position 200 to sprd j. Obscure and uuprccnding
but io ibit " every man and child 10 the Old
Dominion C.
Nelson county, Feb tlth. 1856.
PHoN Ar-rs,u, The latest datcs received At Panama
from Au"mln ar Noy. 20 The papers hoiore contain
little news oi Interest.
TIE price ri gold ~ Melbourne has decline 90 per on ,
being quoted nt - ~ 3d.
The Banks placel at The rate Of Exchanges with Eng
D Ia Nafr. IL. a.