Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1857-01-16
VIRGINIA IRON MINING AND MANUFACTu

RING COMPANY.
The Commissioners appointed under the charter
and the by laws of the Company will meet at the
Exchange Hotel this day. The books will be open
at 10 o'clock, and for several days. to procure cub
scriptious TO the stock Of this praiscworhy under
taking. We understand that a meeting wac held lat
evening" and those who attended think very highly OF
the project, aud recommend the stock rs profitable
and safe investment. We hope the Company may
succeed in getting up such works will enable them
TO make railroad iron, to complete our unfinished
railroads, without sending 10 Europe the Northern
States for the rcn We trust that our enterprsing
citizens will abby taking :he required amount Of the
stock. Something should be done to develop the great
mineral wealth Of Virginia in proper way.
CONTRAST BETWEEN A MONARCHY AND A
REPUBLIC.
The arrival of the Presidents Message in London,
has called forth the following observations from
Democratic Journal the PeopLe's Paper, edited by,
Ernest JONES' The contract between the English
Monarchy and the American Republic must strike
with force the most superficial reader:
"Here We have an old monarchy with German
Royal family costing one million pounds per annun;
Il national debt of 500 millions pounds sterling, cost
ing twenty sight millions per annum, aud entaed by
that German Royal family, through German wars,
for German interests; hereditary landed arstocra.
cy, drawing rental of 100 millions yearly, from the
people; State Church. robbug the same people OF
eleven millions more every year; poorsr equal
to the revenue, and pauper population equal tothe
inhabitants OF some continental k!ngioms-Bnd debt,
royal ex,ravagsEces paupcrsm, poors-stee, taxation
and land rental increasing constantly That Is what
we have here.
son the other side of the Atlantic, there is young
Dr., Dith p,l.
t5,U0U per sunulni national debt of only seven
million pounds, which ,high br paid oil III one year,
without the revenue Of the country feeling any mn.
cia! drain. an :uco,c 81 large :;int the Executive
seeks to reduce IL by ten million dollars; no heredl.
tary arstocracy drawing the hi. blood from the peo.
pe's veins; no State Church spoing' the people as
the l.raees We're told to spoi. me Egyptians, We
are Informed, but fora far ess c1cusabe motive; no
paupers ard no poorsraCs worth mentioning; no To-
reign interests predominant in legislation; war
Jtrtakeu for the interests OF sn h!irndcscended fanl.
~ no decay, no decline, threatened ruin; hut on
tue contrary. prosperity wealth, economy. happiness
and contrutInept. That is what they have th1re
"Wby is this ditf.repcei Because in the one coun-
try there is afranchse restricted 10 seventh OF the
population, ons.hslf Of which seventh returns seven.
tenth, of the representation; combined with that u5s
le,s mischevous. and ridiculous institution called
.monarchv.' Because in tba, country there is Uni.
vcrsa Sut!ragc, End republic. ThG: /. tic differ.
between the two institutions, as shown in their
resIts. Could there be q more striking comment OH
the relative value Of the twu1
"President Perce's last message, just given 10 the
world, presents picture OF prosperity and good
governmeut-such Gs no other country IN the world
can show.
"Similar prosperity might exist here under ,ml-
lar government The resources OF America are, II ls
greater than own, but the resources Of Great
Britain and Ireland are more than great enough to
produce identical results. The of tho difference
lies in the difference between the institutions OF the
two nations.
flake a case in point. Holland was once repub.
lie; it is now monarchy. When it was republic,
it wac rich, prosperous and happy. Its commerce
filled the world; It's fleets swept the seas; it had no
debt; ts treasury was filed 10 overrowlng. and ita
people we're the envy nud admiration OF the world
1t became monarchy, and its commerce decayed lis
fleets vanished i;s prosperity disappeared and it has
sunk ne low az once it rose prs.eInnent. You may
say the rivalry Of England produced those RESULTS
but, in the face of that rivalry, the United States
rose from small beginnings under a republic, while
under monarchy, Holland sunk from contaminated