Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1836-12-15

- 10y ~ WI UT4nIn O. The l3FUr-
rsi and State ooysrnneuts 70 adopt all Iex;ti,
mate and proper means 90 produce that ..,,,-
sary eject Under thss view of INV dusv
arscs The issuing Of tho order which viii b
'sso before yoo by the Secretary Of tho Urea
requsrsnS payment Coz ths public lands
so,a 70 DC made " specie. with an exception
e.eh .ns hnsenfh Of the present m.uth in fa-
VOC OF actual settlers. This measure ha. nro.
eacsd many saiuiary consequence. Il check.
60 me career Of the western banks. and ~.
mem additional strength in an,icipatioa of
'ns prsssurs which has since persaded our
esssern, - well n our Europeaa commercial;
ensss. ~ preventing the extension OF the
e.so'sysens,n measursbly cut of the means
OF speculation, and retarded Il. provrr-. 4,
nonopoiixing the usoSt valuable Of the public
lands u has tended IN save the new state,
IRON noo-resident proprictorship. one of the
greasest obstacles to the advancement Of n
sew country, and the prosperity of an old one.
- mas ierdcd TO keep open the public land.
ior entry by emigrants, nj Government pr;ec.
Instead OF their being compelled 10 purchase
OF specuiators at double or treble nr;ce.
Ana Is conveying into the interior large
sams OF silver and gold. there TO enter per
mansnuy into the currency OF the country
80 Pssee on hrmer foundation. u u con-
aoenuy oei'eved that the country will find, in
h..
happy consequence which will have ensured
much 10 commend, and nothing 10 condemn.
" remains for Congress. &c they appoye the
policy which dictated thi, order. 20 follow !,
up w US various bearings Much good. in nv
Juasment, would be produced By proh,bitips
eases OF the public lands, except TO actual
setuers, st reasonable deduction of pr;ce
ana 70 limit the quantity which shall be sold
20 thcm. Although II IL believed the General
,'o'ernment never ought to receive any thing
out me constitutional currency In exchanr.
,or tne public lands, that point would be Of
Portance " The lands verc sold for i'm
MEDIATE settlement end cultivation. Indeed.
Nero . scarcely mischief arising out OF onr
Present land system. including the aceum,.l.t-
ing surplus OF revenue, which would no, be
.o"eo'od at once BY q restriction on land sale,
70 actaai settlers; and Il promises other advan-
Asos 70 me country Ia general, and In the
no" states In particular, which cannot fan
70 receive the most profound consideration Of
experience continues 10 realize the expec-
s.Ions entertained n 10 the capacity of the
49, oenks 70 perform the duties Of fiscal n
49, 'oe .ne Goverpnent. Al the time Of
"a. .se rmo'ai OF the deposites, Il wa, alleged by
The advocates OF the Bank of The Ijni,ed s,s,s.
mat the state banks, whatever migbt ba IN,
Regulations OF the Treasury Department could
not MAKE the Transfers required by the Co
'ernment, OF negotiate the domestic exeh,n-
ges OF ne country. % 10 now well a.eer,.in-
81 thst the real domestic exchanges. perf,,r,-
81 through discounts, by the United st.,e,
Bang and its twenty-five branches. were a,
least one-third less than those OF the deposits
oAnks Tor an equal period OF time; and n a
comparison be instituted between the .mouu;,
~ 'S1saee rendered by these institutions. ON
hAg =
'ne advocates Of the United States Bank. IN
estimating what they consider the doms,,,c
exchanges transacted by il. the result, will he
more taVorable TO the deposits banks.
Ies vhois amount Of public money trims
1870 oy the bank Of the United ststes in
iSsS. vas $4,000. 900. The amour, trans.
serred and actually paid BY the deposi,e bank.
- me yesr ending the first of octob.r I,,,
vas eSs ,si9. s99i the amount transferred and
=" between that period and the 9Th Novern-
oer, so.Ss9, GOO; and the amount OF transfer
~ ~, 1 outstanding on that DAY, was NIl-
Ts, making an aggregate Of A59, l6s. SO 4.
49, 1ornous suns OF money first mention
uohed have been transferred " ,th the 0re.,s.,
PsomPutude and regularity; ana the s.,e. =,
wn1eA The exchanges have been nero,iated
Psevsousiy 70 The passage Of the deposits act
generhy6elowthoaee charged by the BanL
OF me United States. sndependentiy IN ,h...
services. which are far greater than ,hoss
!sodersd oy the United States Bank and h.
ssensy.hve branches, q number Of the deno.;,.
oAnsa nave with . commendabls zeal n "a
!" ne Improvement OF the currency. imported
Irom abroad, ct their own expense. Iarrs ,ur.
2. the precious metals for ooissEs ana eirenIa.
% Lne sans manner have nearly all the
80 "s turned out IN respect TO the effect
Of the removal Of the depos.te.-. ,ssn -
necessary 70 prcven, ,ha 81.
Snieh 81 VS. forSeea the bank It,elf would
soosAvor TO create In . final struggle 10 bro
cure reneval OF it, charter. /, NAV \.
-nSs. 700, IN somO degree, with the further
'tepe which may be taken 10 prevent the e..
eessive issue Of other paper; but IL !. 10 hs
hoped mat nothing will nov deter the 1,5.r,I
! Ho STATE authorities from the firm and vigo-
rO'1 performNnes Of their duties 10 themseIve.
ana 70 the people In this respect
81 reducing the revenue 20 the wants Of
SIumoo'' yoar particular attention IL invu-
"a 20 snoss srtleles which constitute She ne
= % his. The duty on salt was laid
assist n providing for the paymsn, an The 80,
ssoh There b no article Inc reiea,. Of v-bIcb
ron tsEattoA would b fell 90 generalIv and
- oeaeneiaily. To this may b addsd ali
aos o. fasi and provisions. Justice AMI |
oeaevolenes unite n favor Of reIsasInw a. |
poor % our eilisa from burdens vvhirb are -, |
'sssessary 70 The support Of our Goysrpmeos |
- sead only 10 increase The wants Of the
vhl Be seen BY the Frpors OF he seer.,.-
y ~ sae Treasury and the aecompanylnr do 1
'aments. That the Bank Of the United STATE,
80 mads no paynent On account Of shs sso~h
' ~. ~ the Government IN that Institution
s1oagn urged 70 pay any portion which
49, ssh t's convenience, and that a h.,
lvsn 10 Information whea payment mas -
= pse.ea. Nor, although repeatedly request
a. nas y Furnished Ne Information IN rels,io,
~ eoadiison which Congress suthoTi1s5
~ SesfstNFy 70 SOLICIT as their lass ses,Ion
eoe measures - are wiihln the poser ~ A.,
'seeuitye have been taken 10 s.c.r,.;. 49,
!. s,as 81 ne sioek, shd procure he paymsp,
ths eaadaet and pTeseat eovdiiio, ~ ~,
snk' sed the greet amount Of espit.l 5000
~ ne United States, rsquirs your careful
.-e1',on. Iis charter expired on tbs thir5
y % March last and u has no--oo pover
~ that given IN The 2Iri section. s'to uss H.
gIporaie pans, style, and capacity. for the
49, % SUITE tog The fnai settlement 81
4aidetioa % the affairs an5 aeeouofs ~ 49,
y ,Pe,Atso', and for the sals anS dlspo.,,;o1
49,. 80 es,aiei real. personal, and missS. bge
p - az ether purpose. o. anv oabey -,
- Wa4no8HeF. BsF - = ~....-a - - 1