The Virginian. [volume] (Lynchburg [Va.]) 1822-1829, 1822-12-06


these are to keep the moni,'d capital, pafii-
culafly when il IS so VIGOROUSLY seaniy AMI
insufficient, rs much rs po,sihle nj hnnr
where, # liadieiously cmFiaysd, il Cannot
fdli to increase the general amount ia pos
session ofall the citizens, besides yielding
the interest required 10 dispense the por-
ton wanting employment, 81 as IN give aid
| 10 the most permanently useful and surely
probably SPECIES ri industry, il needing il
At the time Most of these considerations
| forbade the preference al the funds of HE
/ United States al of them that uflhe stock
Of their bank. aud some, with one IN add
| ton, of another nature, extended the inter
/ dictlon To the stock of onr own banks
/ They are never called an for loans upon
their stock held by the state, aud their is
sues of AN arbitrary character, 10 indlsidu-
ais, are the larger for il. Perhaps also.
when very l,rgc proportion is held by The
state, the profit from the remainder il di-
minished Ia indiN dual holders. rs there is
not then, Ia the same extent, an mpcrlons,
unavoidable necessity IN answer the call for
a good income every yea, and il il more
apt To be dsregardcd when made by a few
voices. As the banks are ALWAYS ready Ia
accommodate the James River Company
for the long period prescribed by law, Ia
make ioans Ia ii from the literary fund
would have tendency IN reduce the quau
! tlty of money kept in circulation. That |
/ had no selfish view IN this decision is well
known for, applicants, if able To comply
/ with all the conditions required with the
/ promptltude demanded of lhem were pre-
j lcrred as they offered. | could even wish,
thai the evidence 10 prove my not having
received any accommodation whatsoever
from these loans, III any manner whatever,
direct or indirect, Was not quite so over-am-
| pie for that purpose, as II really is in fact.
| In favor 0i the volunteer corps of the
state, which il has been attempted II decry.
| must be permitted before | enter again III
/ 10 the ranks of society, IL give the parting
testimony of an old companion and de, oicd
! friend. At Lexington, AT Bennington and
Saratoga, al Kings Mountain aud GuIford,
and more other fields OF glory than can be
now rcckoncd up. in otlr war for indepcn-
dence; al Baltimore and New Orleans, in
that for navigation, the success of our arms,
was either wholly, or in great measure due
10 the galantry of volunteers, who took the
field for the occasion. In South America,
at Madrid, even in Greece, we find them al
ways an efficient, often an irresistible force.
Can the bands of unfortunate wanderers
who sell their liberty upon hong aud ilrevo-
/ cable contracts, aud, ~ consequence, look
upon those they are hired Ia defend rs e,
gually their foes, be wisely preferred, N eau
they be safely employed, III nunibrrs suili-l
clently 6rrattoUpposrafo rmidablecnemy =
Can homc-aleh, unirdilahe fathers, aud
thcir awkward unframed sons, forced by
lot into the ranks together, be relied on with
certainty, on occasions where IN ttinct Itself
must be sabdurd, and anuihilatc,l, and ev-
cry avenue 10 the heart firmly closed by
passion, grave or gay, calm or furious, as
temperament may command ? Can either
be reasonably preferred TO volunteers, ar
drnt aud active from youth, patient and
brave from honor, pcrsetcring and unyicld-
ing from emulation, faithful to all the inter-
csts of society from the lies Of affection p
That, indeed, is TIE cheap, the sure, the
safe defence 6f nations.
Away keeping N Niew the possibility OF
such another disturbance as happened, in his
plnce III $50, al AcW Orleans not long since, |
aud al Charleston in South Carolina very re-.
gently, have been con,iantlA. prepared in my
mind 10 NEE, dat e,clt under the rnos for
midahDc aypeei Imagination could represent.
or the ,ariou, les serious combinations Of The
probable circumstances. which il could dis.
iinclly truce Tor my memory in am impressive
aud lasting picture. 10 di>perse my such rs
srmlla.e IN the first momeut. or 10 riIcek any
movements attempted bv il ut their con-
meucrmeal, by a prompt attack with two
liIht field pieces, supported by troop Of ca
N"tfy, has heen ALWAYS thr mp,l iayourcd
thought hayr accordingly. encouraged The
artillery company OF lbs ciy. and iate# rro-
NOTED the viii OF the captain of tho public
guard to have his camran, also framed a, ar
tillely, because il Gould he mo,iag Onward
while aHaIhcr WIS COLLECTING 10 taxi il. place.
at its diAsrcnt .tatlons 81 daily service. and