Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1834-10-13

4
with 1000 clsws, 4 ought 10 be ,nsssntly destroy
ed No n.sa IN the communiiy could doubI that
he bank had yielded To the demand Of the admin
traitor, he'd ss,d" q yes we will turn out A., VII
~ IN enemy ofihc government and put in y. VIII
Is a friend we Will lend money TO G. who is
| proper man, and not 10 ID. who 10 the reverse wit
ness our hand, and seals, DC. mo man cen doub
! the bank hal dpne tins, that II would have beei
| not only not " monster but the mosi amiable
hnmless, and aseful creature that tho law eve
created Dh aga,n, if the b,nk be unconsiilu
liorsl, when did II become 80 7 In the first mes
sage ofibr President, II sas sail filsi n,tipps
bank was peffef.ly constitutional b. 'hold be dii
icfeniy constituted fhai II should be found
| 81 on s1TffnDeat credit enl sovunment revenue
fAis, sad NJ " bslft, oouid have been an ad-
| 'nirIsta - oana. M esen'nsiiy through the Pre-
sisonis Ifheer, me Secretary Of the Treasury III,
'resi lents bnnk. The veto message OF 1882
said that the President constrained be 10 ne
ga.c The bank Of the u. States, would had he beer
nrpl'edto, nave given the plan of one. Not know
ing. suid Mr.. w. the kind intentions Of the Prcsi-
dent IN this particular, wo hal not an opportunity
Of sending to him the necessary suppIics,ior Aot
now let him ask If, in this great controversy
all were TO te driven 10 the question Of " bank OF
no bank" We supposed tho bank 10 he convenient
we knsw it 10 be 50. We knew thut over the greo
number Of STATE banks, having tho power to issu.
money, the u. States Bank exercised a salu,ary
conisol the experience OF 10 years had convinced
| os that It was useful, b1i geyon1 this we have no
thing TO do with IL
Bur panacea had heca discovered The pres
| sure 81 last WINTER had beeu removed, never more
70 ret mn there wns 10 b. more fraudulent pa.
per even the safeiy banks night cease their opera.
ion, Tho ,oidenaee bad te.urped u new coin had
cone forth, which, because dcpivcd Of the cap OF
li5or,y nnd the old mclo Il pti.1ibnS naun, was
IN urc 10 project Tho country, Lud restore 1t 10 all
us former prosperity.
One must think yefy lightly Of the intelligence Of
the community 10 believe that u could be thus de-
cevod Il when they heard Of the new eagles, clip.
ped II was true, Of thor wings, being shown as a
sign Of new and better Times, could not help ask
ing # the people were no enslaved SO ignorant, as
to be led asttoy by such psliry devices You know,
continued Mr. w. that most countries make but one
Of the precious metals tho medium for tn, payment
Of debt In our country, from tho time Of Hamilton,
the standard has been twoiold. Va pay either in
gold or silver The law regulating this matter
made o. ofgod worth Is OF. Of silver. Th.
proportion has been found 10 be incorrect gold be-
ing found to be- worth more thon l5-between Is
dollars and Is dollars. The consequence Of this
has bscn that silver tender with us and gold
CON IN England, our gold has gone to England
wb''c the silver has remained with us. This being
'he case, and wanting 10 huye gold again, the sub
tct vas brough, before Congress on petition from,
,ne merchants Of Boston and New York. the lat
ter accompanied their petition with n bill from
Mr. Galls'in to restore JUS, proportion betweca
gold and SILVER In the course Of The lust session
IA A.
10 report upon the subject but postponed our inten.
ton Til the measure from The House came before
NJ. The measure of the House WINS not accurate
II went to The extreme, giving TOO much value &c
gold AID 100 little to silver; nevertheless 1t pleased
The Soilhotn Members, at this lime mos deeply IN
| ,ercs'cd III the gold question and the b,ll va,
therefore passed IA tar than as All nnnx of eolt
is concerned, that effect mas been produced by *
GLIDING dollars Gold having been under value
will necessarily be kept IN the country and dol
lars will ba femiylc1 70 pay all balances in trade
God VIII therefore be the only metallic medium
and that confined TO the banks In one respcc, this
| will be injurious, as it will cause an increasct
| circulation of one dollar bills, while, if silver hac
| been retained, the circulation of small notes would
have been propor,ionaly arrested.
Apologlzing to the meeting for this depression
thorlty asserted in the protest hich mus! truly a
larm the people, right claimed by the Presiden,
10 negative and cons'rue the laws and to reiec,
the construction ofCongrcss and the courts, The
assumption that oil the officers arc his, and thai
every act OF an officer is his (he Presdent's) act
II this he so, what becomes of impesch The
constitution says tina, any officer shall be liable to
impeachment for mai practices Imrench mar
however under this docssln and he says! >" Behold
the res:r,pt Of thc Emperor" Impeachment, in sue,
| case would be idle, suporerogntory. In shut
| though do not wish TO make exttavagsut stale
mens, venture to say, tina. # we yield 10 The doc
trines OF the Protest. we shall live under an cleo
tive monarchy elective as yet bl, for information
how long IT WILL remain So III u, consult the pa &c U
history. know TO difference bet Nern the Kny O
England " the President Il the u 5. # the nssump
| tons OF the Protest bs Submitted to. AND how ha
| this happened Wha was brought about this stat
| oil 'h'ngsl What woula have been done # job
| Quincy Adams had acted thus : put tho sam
question TO you IN regard 10 hs predecessors, no
| txcep'ns oven Washington. do rot believe thu
| washington, IN tha most paMy state OF his admin
situation, al the moment OF his greatest popularity
would have been able 10 MAINTAIN himself sin u
month, had he claimed the powers claimed by iii
presen. President IN the Protest Why are the,
then tolerated now, even for a moment I There !
Out me reason II IL this that there are those il
the prcsen, generation who interested to deceive
AMI those who from lnatten,ian to Tho concerns o
THEN country, sm6c, themselves 10 be deceived Pow
er no" maintains naefby the purchased and The de
csiveJ.
Every thing, said NJ. w now turns unon Der
'one' conf 'encc. Aiumth peoolc, and nc rrpI
's, tho ,'cro cad no wroi (" Toll them the CON
''Iu"o' ~ N de;'ser, aad they say, Il NAY b
50 bu, IA means 10 rn.." Speak % them If d,
s''zur' ii the Treasury, ana thay will tell vo,