Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1831-12-19


nf mn,,y pnrllone ofthc Union. itls at The samf
time afmllied, that this nd should he moderately
conferred and with proper Difference to opinons OF
mn opnbsite character llrannot Ice doubted that
too q. .n.lye an cNcltiae oftho powcrS ot the tie
neral government over th,sr subjects, would nlti
mat,lv snbyert the constitutional sovereignty ei
the Sm,es II must I've acknowledged that the 1usl
medium ON all lhtsc SUBJECTS - difficult oil alihih-
mint bui IN the desire 10 seek and the sagarny 10
niopt the bet consists the rN policy OF an Alnei''
| can statesman
! Ifthe adjustment sussestcdt IL CONGRESS- by the
views hazrde1 in TIN, report he ~ any WISE en-
tied 10 their respect it IS mol nnfc~onablcto nope
that the Nnrous topics OF national concern al pre-
sent rn,sa ring the attention Of the people, may IN
cilitate raIher thnu emlnnnss the task ! he
| interests Of agriculture, commerce and manu-.
lectures, and the final disposition OF The pun
lie lands, are The prominent and necessary and M
mediate objects of public roli'y--As melden',
| however and indeed necessary to the security ee'
prosperity oi these rcat interests, lh' lithelAaioh
Ola sound currency cannot esealm attention 'i
| thr sounfness and tt,adness of THIS indispensable
medium oftkchnugc, depend the ,nuc aud stahil.
| ~ ofcyery description otmol'et} mol less INN ue
activity Of every branchot hosmt"' ana II j. h"'
tobc doubted that the commercial and mnnnieelor-
|
| " affected by any arrangement Of this srilne OF
| clrmosperiiy.
| The mcasuresor the General Government IN re
spcc to 1he tariff to objects ii public Improvement,
to the public lands md Ia the bank ot the United
Suites are The sources OF the existing soliclude
through out the country For the permanent al
mstmcnt ofall IN u mahner IN promote the hanno
ny oral puts of the Union, ond elevate the molal
! character of III, country, the wisdom and patrIo-
tsm vi ho Government andoltho people can alone
| be looke. Ia
| ndepen1eniIy Of the considerations connected
with tn currency, the interests both the Gov
| cnnlcnt aud individuals involved III the Bunk OF
the United States make tn stability of thalnsutn-
! ton On ohec of great importance No reason II
perceived Why thia greM interest should not be
| equally considered in tn scheme oIdcf'ronce and
| concession and coupomls, Whch the public saiety,
not less than the national prosperity, 50 urgently
| recommends While conflicting mt1iosb anu q.
| piulons ON other subjects nlo invited 10 meet on
! middle ground and on the nltaI Of the common
GOOD each Ia oilcr something for the preservation OF
concord aud union lhoushout tins favored lnnd the
advocates and opposcrs oitho existing system ior re.
gulang the currency may also be expected 10 JON
IN the same patriotic sacrifice.
it in not perceived that any other satisfactory
basis for scheme general adjustment can he dc
viscd than that which shall pay Just rcRmd Ia iht
interests ot nil and ob'cryc proper difference 10 th'
| public will On tins ground manly one portion Of
the agricultural ntero ST has been invited To atfom
modate opinions, conselrnljously formed and nfdcn
! ly advocated, 10 opposite opinions morc successfully
maintained by other and more powerful interests. ~
| The invitation could not he mofe appropriately Re
commended than by aiordns an example IN Other
Il. 4t,,l. n
ccucc IN the public wllllsuot leesthc duty Of "ogen
mcnrs lhau oflbc people themselves, Thu onnost
respect IS Il foran independent escrcI4c Of consGlen
llous opinions, but ia country Ike ours, though
sense ofdlly authorizes all far attempts 10 con.
vince the public mind it equally dictates ready
ocquicseenee by all IN the public VIII, finally ea
pressed.
In presenting TO the view Congress the mems
Of the government the bonds due for duties which
are now IN suit have been reserved tU this plurc
The amount ofbnndsrcmainlng IN suit since theeom
lncnccment of the government may hc estimated
on the Both Of September Last mt Sc SD 81 63. Of
his sum II IS believed Tint not more tlan one nil
lion of dollars could under any circumstances, be
recovered. The debtors, however, remain legny
liable for the whole amount and, without tho hope
ofcycr paying are thereby lepi N state oipoYeIty
and helpiessness.
The act passed at the last session of Congress
fpi the roIiefofccrlnin insoIvtn debtors according
To the construction which has been gwen 10 It,
has afforded but little relief 10 those for whomlt was
probably intended It will be the duty Of the I'M
d,r4irncd IA "A subsequent report, IN conformity
Win lal Inv, To- lag before Congress the prlnrl-
pics and mnnneroflt its execution. 1t may not be
ont Of place III The mean time, when prcstntlng
General view Of the financial means of the govern
mcnL to recommend that no reliance should be pla-
ccd Ia these debts.
The puucuaty ofrhc American merchant IN the
payment ofduti-5, in every period ofodr history,
and uudcr the most severe sclssiindcs, IS desef'-
rg of the greatest admiration of the whole D
mount Of cusen-bousc bonds FILLING due IN tie hrst
three quarters OF The present year, only $40 Is
have been unpaid. Ofseycn hundred aud eighty
one millions ofdollars secured for duties from the
commencement of the government to the 2hh of
September last, the whole los may be estimated 10
be- less than six millions of dollars
These delinquenccs are believed in most, If not
in all instances to have been the result of unavolda
bic misfortune involving in the ruin of the principal,
the sureties required by the laws of the United
States. In most eases, the United States by means
Of the existing priority acts have Obtained the be
ncGt Of whatever pmpcrty the debtors possessed at
the time of their insolvency. In many instances
their general creditors have released or would be
willing To release them, if the clam Of the govern
mcut did render such mn act OF llbcrality una
lyaing. BY tins means, large number OF our
fellow citizens, of fair character and intelligence
and qualified by their exorton topronote the pros
pcrity of the country, are paroyzed in theiY indus
try, aud deprived Of the means Of providing for
their families aud contributing 10 the general
stock of labor II is respectfully submitted to the
wisdom and generosity of Congress, whether the
occasion of extinguishing the national debt and re-
cving the burthcns Of the community at large and