Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1857-12-11

eordinsiE eo,"sasn''" n h,r- t6,; IA. Join. stock and private
banks Of IN. Kingdom would he c"ihpehe' 10 Io'"M -
-, 4, found however. that a II contracted 'hrE ~
a"ps 49, a, IN. end o, the process, TO employ the laA-
rnnSr Of A very high official authority whatever rriHe,
lion OF the paper circulation was ehcc'e" U! t"e b'h !.
England TN 1917 was "'" ""'' vi y
,he country banks I
'"i IN, a Bank Of the United States would not, if i: could.
r.s,rain the issues and loans oil the State banks. hrcausr ~
amy "a a regulator Of. the currency mus; often be ~ GU.
conflict with the immediate Interest Q! II, s'ockio n nj, IN.
We expect one agent to restrain or eont'o! an"o,i Eu,
forests must, at leas, in some degree, be ahtaso"iI f.I ~,
the directors OF a Bank Of the United sta.G. h director,
same interest and the same inclination, Mcr 10 sccommo.
of the State Banks 10 expand the : mi N J.clar.
Sat- their favori,cs and friends with loahs, am a., - r.c,rI,c
large dividends. Such as bee" ;"
the last Bank. .,r the patriotism and
r,sIom ~ ,hn States for the prevention anu t""en ar
evil If they will AFFORD US Il rian spjI' a,;n :, of hank not,
cir,,l, zion 6y incraisi.s ui- ~ :. r. wui
III ~ ANA afterwards 10 mtg dollar u ny va.
r m ,ha; the banks snslla ah.nnrs , Hvrr douar- of,hcir
dolIar of gold and silver for every inre ia; - ~ !, SrIf.y.
one 1o ,i, and deposites; udifthey Will proridtDE " STIR.
.cutinc enactment, which nothias can re huii.vs that .ucn
,nsE jsJops' with a weekly publication by each EanS ot u
s,o,cm.ut of is condition, would go iart secure u "s'"'''
fn,nr. suspensions If specie payments. ,i
Cnnr-Iss in nv opinion, possess the power 10 pass = UNI
, ~ S,nLrnn, Law applicable 10 all Banking institutions
throughout, the United states. ana l siSnfIi orpanic i,H Of
each Banks existence, that u suspense r.. ~ !.r
shall produce its civil death. The hs',S' IT, - srch =,
In would then compel il to perform lis duties IN suVh "
manner a. 20 escape the penalty and ireser'en mT r.
The existence Of banks and the e'rcnia',"n ~ d., rH ,hsE I'm rrr.
are SO ideHt,neH WIN ., ~ ,hoI!.hcd without much immeii.
.ts ,n;ury 10 the country II We could coiiihr 'it", w ~
upprOt f., ~ Wild and reckless speculation by extraTa.i'h'
loans and issues, they might be continued win advantage -
the public. ,c s,1 much reflection: if expert.
,,co sS,i nroys IL 20 be Impossible 10 erl"y me iacih'i',
which wel!.resula,ed banks :aish; an'rd. "i.I'ou. =, ~ ~ 80
,lne suffering the calamities which ihe eNees'es u ~ !, h mA'i IN.
hav. hitherto inflicted upon The country, IL wo"'u 'IcI .'
far l,e lesser evil 10 deprive them nitoGe'her 81 me p1mr. .,
issue a paper currency ana c"nnne ~" "'
h,nkx nj dpposite and discount.
0ur relations with foreign governments arc "p'" 'e
III r., ,,I;;rI,mauc dittcul;ies which existed between the gov
orn y. Of the United States and that Of Great Britain II
The adjournment of the last Congress nL az ". ,n;r%s .nrt 70 III
minated by che appointment oil u nfIi'n "'"'''' "
country. WHO has been cordially reee!'-i =; :.
Wills; i, "a greatly TO the Interest. as an, CON- Inn,i -, = NE -
~, roun,ries to he on terms otintimaic Friendship W'tnciNI
n,hcr il has been our misfortune almost always 10 nav '.,
some irritating, If not dangerous 'S'a'i"'' H
s;nr. he origin of the government; We have been ~
,,ov.i in negotiating treaties with mat power ''" ":'.!
p'osI " "' ;seu..inr ih.ir true intent aud meaning. Ii t"s
r.snr,,. IN. convention o: April ~, l''o' common! c'.r'
ia. Clayton and hulwer treaty. lm. 80 VI, nisr nj Iirr':iv r o.,
nat. OF all; because the two government InGe ~; ar ~ ~ -
nosi,s and contradictory consiriitii"ns uPy" rs III. . m
mos; important article. Wits. 10 TIE h oh''s vaw SsI,' n,o. a.,
m W.. eamalny Lv The stipulation 'ha; !ir!!!Ier VIII ever 'o'
rury, or turrify. or colonize, or assume 90 sN,ic',s w. i w.,
,niuion'' over. any part o. Central A'aeiit'' II Is eohST' 49, ~
49,. ~. rr;,;sh government, that the trG: CONSTRUCTION OF uH>
language has left theml!n IN" riSi''uI P3sse,'.oi. % az W"
noriinn Of Central America "li!'h wa III .-nt!r oteuinm'H
>, 10 Iio.s ~ m, treaty n fact. liza; the treaty is 4 yirtu"!
" .".,i.tSn ON IN. part oi the UGirc! States Of The ri2ht ";
80, britain, ether as owner or protector. TO me W!ro.e
x,s,s;y. ems, OF Central America, sweeping round IRON.
,m. Rio UonAo 20 the port aai hirhvf u Sah Juan nc We"
racua, together with the adjacent hay i,.l.'.; 81, :,
2v.lv small portion Of this between the sars'ooa
s ,WI Tan" Honduras. According - their construction the
rrrn,v does no more than simply prohibit them iron ~,
.o,Jjrr ,b.;r possessions in Central America beyond the
u-as.m, LIMITS !, is not too much 20 assert, that II in the
i-n;taI States the treaty had been considered sa'cepnhie q,
such n construction. il never would have been negotiated
81, nn. 49, authority Of the President. nor would ii have r..
c.ivel the appreciation Of the senate The universal cor.
x:c,ion in ,Ie United States was, that when our government,
consented to violate 1t, traditional and ti"ie+honored poiic!,
and to stipula;e with a foreign government never 10 occupy
or acquire territory in the Central! American portion d our
.on,;nen,, the consideration FOR this sacrifice was that "rea'
britain should, in this respec, at least, be placed IN the same
uo,uion with ourselves. Whilst We have no right 10 doubt
m. sincerity OF the British government IN their construction
| ~ .he trr.tv. Il Is at the same time my deliberate CONVICTION
rh,. This construction is in opposition both TO lis letter ana
1t, spirit. ,,s,,r
,rd between the two Governments for the purpose, II posi-
HE or removing these difficulties; and treaty having ms
I,TI,n,. obi.r, in view WIS signed az London on the l'tA
Ur.oher 1855. and wa. submitted h% the President 10 tie
senate on the following lo,h Of December Whether t!'s
treaty either IN its original or amended form, would have
accomplished the object intcnded wi'aou: siv!ns niri4 70
new and embarrassing complications between the Two GOV
ernineuts, may perhaps DC vel 4ues'Tmea. Ira ~. u -
however. i, Was rendered much less objectionable by rhe
different amendments made to II ny the senate. Inc
greatly, as amended, was ratified by me on I'm harch is?;,
,nI was transmitted 10 London 70! ratification ny the British
,ry.rnmcn.. That government expressed is Willingness to
concur IN all the amendments made By the senate with Tie
s;n,i, exception II the clause relating TO Eratan and The
o,hrr island, in The Bay Of Honduras. Tie Gr;ic!c IN he
original treaty, as submitted u th" senate, alter rec..ii'g
that these Islands anl ,he:r i~n.se'ian'S ,Ha:ihe OrSH ny d
convention bearing date he 9th day Of AasG.;. l>"j, b"
tween her Britannia Majesty AID n" republic OF honduras
constituted and declared 4 free territory under the 'ore
r,i.a.y Q! :he sail r~epuhnc'of Honduras, stipulated thai
",Se two contracting parties do hereby iAr'lAIIy engage 70
recognise and -esprr; III nj. future time the Independence AID
right. 81; IN. said free ;e.i.;o:" as part Q: 'e F-l''bi!c oil
Ton AN examination Q. Ills Convention between GFea'
Ec;,ain anil liou!uras Of the .I,a August. ls5t, Il wa' inani
mat. willis. declaring ;hs Bay Islands 70 be "a free territory
3D. I'VE .oy.reicu:y 0! Ii, republic Of Honduras, it dC
pr!vrd Tia; republic o! rights without Wh;et, It's s9vsIe.E'fy
owe. ;hea coall scarcely be sad !" eTis,, 1. oSiaeG sMsH
,apt, A separate 70 "erlme:t Of their own, With legislative
executive, and judicial officers, elected by themselves. il
derived the government Of Honduras o! The ttxiaG power
:, ~ =, I.r, form, and exempted the people Of he Islands from
,he Performance 0. military duty except Tor tae!r own eN'
elusive d.;ence. II also prohibited ina, ispIoms i,U n e Insr
ing Qualifications pca them for ;Aeir nro,eclon-thus ieat.
iug them ooeE 70 ilvasion .froa any quarter; ana, inaEy Ii
provided THAT slavery shal not az any 'I''c e'e'''c "
permitted TO exist ,hereia-. 49,.
lad Honduras ratified this Convention, She would have
ratified The establishment Of u STATE sus:'aa;ialS in!epcn
dent within her ownlimits, and a State at all times subject
S:a:cs ratified the treaty with Great Britain IN ~ or1s'iia.
form, we shonla have hsea bound 20 seGosn.ss ~, N, . g iPsr
drras Being In direct opposition 20 the sihr' aHi 'as'i."s
Of The Clayton anl Rulwer treaty as understood IN she lnr
Tod l.,tes The senate rejected the en,!rc clause. ana sucs.r
tr;.d In is stead a simpi. r.cogni,ion Ct tho sovereign right
Of ,Jondura. to these Island. in the following iansr@Ce;-
"rbn ,yo cnn,-act:r: parties 10 hereby mutually engage Ia
rcrn.,,;s. and re,,,cc; the Islands OK Ruatan, Bodaco, Ct!a'
Earba-c,ta.. Helena. and Mora!, situate in ne Bay OF lioH'
dura-. and oil The coast Of :ac republic oil honduras, Us Ut
de: The sovereignty a!i a. par. o. the SAID rei'upic OF non
Grsa: Britain rejected this amendment; ]a's!sni4s as The
on!y reason. that Ike ratification nf ihe Conve;Gion OF the
.;rL Angst. ioi,.. between her and Honduras, la! 40: been
exchanged. owing TO te hesitation Of that Government
men, would ha v. had little dihrJlrv in agreeing u She mcGi
fcatIon proposed by the senate, "''tcii then would nave G"'
in eject In. same signin cation ~ the original wording -
Whe,ncr this won!d hav. heea the effect; whether TIE ni"r.
circumstance NJ. the exchange u the Publications Of the
British Conyen,Ion with Honduras prior in point OF tine 10
" "A, - So, 18Th traNs Iri' lin rnl.I - II
,rc,, " have had E" ne suIac si~ynifcItion ~ the original
wnr,lio- " ,,d thu, have nulnfei he amendment If ia.
Senate, may well he doubled. Is Is, perhaps, fortunate 'h''
! tn Question has ever arisen.
The British Govern,neni, !rnG.c,Iats!y after rejecting the
tbs United Stats4, similar In an Iesi':r'5 TO me treaty Wh!fI
they had jas, refused To ra;ifs, II IN" Cni;ea States would
consent to add TO The senate e'Sn AID un4nai!nsi reg
milton Of the sovereignty "t Honduras o:.r the lay island.
the following conditional stipulation " "heuc'tF and .S
soon as the Republic of Honduras shall have concluded arr
shall have cedcd. and the Republic Of Honduras shall have
accepted, the said Islands, snhje|, 70 The provisions ana con
di;ions contained In such treaty.
Ibi, proposition was. Of course. rejected. After the Sen
ate hal refused 20 recognise the British convention viii
Honduras Of ,n. .,,h August. i,5i, with full knowledge III
i. rom,sm,s :. wa.imnn,,iDle Tor me-. necessarily isnnrau; oil
" the provisions and conditions wrich might be contained
in n future convention between the same parties I" Sanction
,hcuI in advance.
The iac: Is that when two nations like Grss, Britain and
the United States, mutually desi.or:, as they are, ana | trd,
ever may Ne, Of maintaining the most friendly relations VIII
each other, have unfortunately concluded n treaty which
they understand In senses directly orr,siie, me "1see,
course IL 10 abrogate Snch u treaty ~ u"'"ii ''"eeH' "a -
TO commence anew. Had tls been done promptly, nj! am.
cul,ies in Central America would mos, probably ere US
have been adjusted TO the satisfaction OF both parties. The
time spent In discussing the meaning Of the clayton az
Bnlwer treaty wouid have been devoted to this prti."E'T'h?
purpose, aai the task would have been the more easily &C.
oompli,hcd because The interest Of the two countries IN Cen
,:al America is Identical. being confined t" securing sh:t
tran.i.s owe. all he routes across the I.thunu..
Whilst cnier,ainin, these sentiments, | shall nevertheless
no, refuse to contribute TO any REASONABLE adjustment Il
the Central American questions which i; 10; practically IL
consistent with the American Interpretation Of The treaty
Ove.tures for this purpose have been recently maze ny the
British government. in Z friendly spirit. which | r'rdiaHT re-
ch,rocatc but whether this renewed effort Viii result in
success l anu no, Yet prepared 10 express an opinion y
brief period will determine.
With France on. ancient relations Of friendship still CON
tiuue to exist. The French government have IN several re-
cent instances which need no. be enumerated. erincsd a
spirit of good will AID kindness towards our country Which
Iheartilv reciproeaie. Il Is. Notwithstanding. much 10 bs