Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1834-02-13
CoNGREss-IlIr RANK

ir'ns The debate To close in that body, whi.l,
's,irIy fulcd Some week. ~iII t,,pbal,Iy W.,
'iapsr before any thing decisive viii be DONE
All horc. Of aComprin.ise with the Administers
ton, on sone scheme calculated Co preserve a
sound currency. and AZ the sam. time avert th,.
istrss which p.-rvsd-s, aud uuss continue 10
I<rSsde, ~,th Increased severity under the exist
ing state OF the financial Affairs ol the country
ia'c bccn oouplrtel, lost BY recent events MIR
Wright, Ne~-Sors Senator, and n Jack sos
man, ~ho M doubt spoke the sentiment. of An
drew Jackson. in pr s.n,ing the resolutions Of the
Ne~-iork Legislature. puts TO figh, all expects-
lions Of relief through that much desired rnea,ur,
lie boldly Asserts that no bank of any I,nd /. to
he chartered, aud that the President has deter
Tninei TO ref0 every effort that Congress NAV
make u lrins the public money under their con-
troll We make an extract or two, 10 .ho,. ,b,.
tone and temper IL this extraordinary speech:
81 believe that the extent Of the pressure
has been greatly exaggerated. and that the
motives for the exaggeratiou are to be found
primarily, IA the belief that the present sd-
minIstration may be brought into di.f.yor
With the People, and may he overthrow
through the agency Of the panic which is at
tempted H. bc gotten up and secondarily. IN
tho hope that the same panic, IL successfully
produced. may !subServc the interests of the
institution by which It has been aud Is TO be
raIstd."
81 will sustain the Executive branch nj
the Government, by all the legal mean, in
nv power. in the effort nov making 10 sub
>htute the State BANKS instead of the Bank OF
;hc United States, a. the fiscal agents Of the
Government. lbelieve they are fully compe-
tent TO the object. ] an wholly unmoved
by the alarms which have been sounded either
n to their insecurity, or influence, or any
Interchangeable be spprehended from thei. en-
ployment. hold the steps 90 far taken in
furtherance Of this object we'll warranted by
the constitution and laws Of :he land, and
believe that the honor and best interests of
the country imPeriously require that they
should bc fully sustained by the people, aud
by their representatives here"
Mr.. Webster, in n reply Co Mr. Wrigh,'s re-
marks. holds the following iarg,ase-by which
il -ilf be- perceived, that IL the Adu,inistra,ion
does not offer some remedy for the public dis,
iress, he will hiring in bill for rc-ehartering the
Bank Of the United States with SOM restrictions
"Mr. President, feel that, in the present
crisis, Il becomes me 10 bring TO il, all OF in
teIlect, all Of diligence, all Of devotion 20 the
public good, that possess. . act, sir, in op-
position to nobody. desire rather 10 follow
The Administration, in a proper remedy for
present distress, than to lead. Ihaye felt so.
from the beginning and have felt so until
The declaration Of yesterday made IL certain.
that there Is no further measure 10 be propos-
ed. The expectation Is, that the country will
get on under the present state of thine,.-
Being myself entirely OF a different opinion
and looking for no effectual relief until some
other measure is adopted, 7 shall nevertheless,
be most happy to be disappointed. But if I
shall not DO mistaken-if the pressure shall
eontinue-and If the indications OF general
public sentiment shall point in that direction,
shall feel IL my duty, let consequence, be
what they may, to propose law for shey,~r
snd continuing ths charter Of the Bank Of ne
United StaIes'
The following extract or letter from n-r,,,
high in the confidence Of Gen. Jackson, and con-
slant in las intercourse viii, the President a,
Washington, 20 a very confidential friend in the
city 81 New York, DEVELOPS, says Mr. Noah. the
Interior views Of the managers:
Tell e. to keep quiet things will 20 n,
he wishes. BE careful, in your resolutions TO
be presented at the TSmmany Hall meeting
not 10 have any ia favor Of a new Bank; DO
not refer at all 10 such project. Our intsB-
ton Is, first, 20 sustain tho President in the
removal Of the deposites by n decided vote
and after that - done, we shall bring for
ward plan fora new bank to be located in
the city Of New York. We dare not do Il
now, for fear Of alarming certain members
Of the Pcnnsy lyania Legislature, and there
are fourteen With Us on the deposite question
Amer the vote Is taken, We can reconcile
them, and make certain arrange ments with
the Bank, as To An extension Of their time.
and FINAL transfer Of stock TO the new in
siItuiion. The plan IL by no means defnitive.
~ arranged, but IL will be- done Z agree with
You mat movement must be made on the
subject Keep quiet"
1 lac authenticity Of this letter, ssys the ". Y
Star, may be relied upon.
We think highly probable tia, tic following
predictions Of the editor Of the Winchester Nir-
Eiuisn, iii prove correct.
In spite, however. 81 the declaration Of
ths New-fork Senator. that no Bank of any
sort will be Incorporated, we understand an.
game that Is being Plsyed. aud We think We
can predict Martin Van Burrn's course on
THIS subject Aficr the prtssHf bank shall
have received Its death-blow, the Albany in
tTiguer will open his eyes Co the necess,iy ~
. national bank for regulating the eurrenry
viii HnsgHaniHou'iy make sacrifice al d..
own opinions for the public weal-wilI exert
his Influence "a favor 81 n Hs,r bank and ,bt,
ne" bank will be made the slave Of his NOR.
dinate ambiiion--the mere tool Of partv =.
the Banks of New York are at present
-Are We ungeDrrous IN supposing Martin
van Buren, capable 81 such duplic,tyj r..
H,,"'ev his d'eia'si'oR' 20 tie southern gen
tiemen of opposition 10 the tariff bJtl ~ Is.Ja
--vtHiSDabsT his r0fs on that bill remsn,h.,
hr. Tazewell's indignant remark 10 him ~,
that occasion, 90 Sir, you have d,esir,S me +"
The following information from The N,,;,n.,
Intrliigeneer q Monday last. sorrobors,e, ~.
opinion Inst Sir. wrigb, spoke a.I,,sedly IN ~,
hate speech
The Committee Of Merchants and Tr.5sr.
OF the CITY Of New York appointed 10 visit
The sect Of Government, and present to Con.
gre's their great Memorial, asking for som.
measure Of relief from the pressure caused
ey TIE transfer % the public moneys a. the
Joe nl Hnuka have rafurftea 49,.