Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1836-10-13
Effects OF THE TREASURY ClRCU.
LAR

We learn that at the recent sales of the Puhljc
Lands al Columbus, Mississippi an astonishing sen
.a,ion look place. 1t appears that Large con-
course of purchasers had collected from all Quar-
tiers, the grsler portion of whom had no, been Ia
formed of the late Treasury OIder, and of cours.
had come with paper money only. But Georgia
Company Of spectators were on the spot, wtth
1000 in specie, and generously offered 10 rive
Sy0 in specie for every 500 IN current bank
notes which the honest farmers and planters would
yiye them. The sales opened: the people COM
planned bitterly: Van Buren, mrn began 10 look
and feel Uhiti>h: the Georeia money changers
drove a snug business for IA lutle time but after
all. things went wrong: the Receiver saw it: he
then gave on, word that paper money winch would
command The specie at the banks where II was
issued, would be received this upset the Gror-
ea Companl's cart of silver: they were mad
and began to look White too. Finally, IA great
many White men were made, and bat few sections
OF land sold Wo6he .idccrtiscr.
O. The foregoing article furnishes another il
lusirstion of the corrupt and pcrncious workings
OF the famous Treasury Circnlar-a measure,
which conceived, as il has been brought forth,
in inquily-ad>ised by mcrcenary and fraudulent
land spectators, who are now reaplng the rich
harvest of their vliainv.
That such measure should have been so long
persisted in, notwithstanding the daily accumula-
tine evidences of its mschevous and Ubiquitous
tendency, and contrary to the earnest remousrran-
Of so many OF the Presidents warmesi friends,
in every section Of the Unon who are ac-
qualncd both with its origin and its effects, would
be astonishing, indeed, were it not in accordance
with the whole course Of the Chief Magistrate,
who, seemingly impressed with an idea of the in
'al'bl',y OF his judgment, obstinai"ly clngS TO
every measure of policy the adoption Of which
he once decides upon. His partisanS and para
sites, aware OF this obvious defect OF his cl,arac-
TER have not failed TO turn it TO account-fr>t, in
procuring the promul CATION Of tins Illegal Crcu-
lar, and secondly, in inducing the President to adj
here TO ii, in the teeth of the circumstances Of his
more honest and dsinteresed friends, who have
not, as We learn, hesaed, especially during his
late journey TO Tennessee, to lay before him its
haneul consequences. We shall be glad to see
recent rumors from Washington, stating that these
remonstrances were not altogether Intellectual,
Confirmed by the annulmcnt of the Treasury Or
oer-'hoogh we confess we place little depen-
uence upon them. The laws Of the Medcs and
Aersans were not more infexible lhan the fat of
PRESIDENT Jackson has hitherto been. And it. in
'''a'oh 10 tins measure, any change has been
wrought IN ms determination, as some the WASH
'0n eossps report the reason for it will be found.
wv !" any revolution ofopinion with regard to lis
r'p''e'y, but exclusively in the political effect it
" producing, adverse To the prctensious of his
Nominated successor. Whatever be tie motive by |
"'"e" he may be Influenced, however, every man.
"''o not directly Interested in land spccuIatous.
"" 'fJo'ce at the abandonment of a policy. the
''e'' tendencies of which are TO cmbarrass the fl
''''' condition of the country, 10 close the door
:, '"o' do'e competition in the sales of the pub
'"'S' ana to play into the hands of the greed,
s'"",S who are filling their Golfers by sys-
widespread fraud and villainy, such a, no
b VI country ever before witnessed or tolerated.