Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1837-07-06
LOCO Foco MEETING.



AGRARIAN PRINcIPLEs.-Wbai pre-
eise meaning 10 intended in the epiihet
T" Loco Foco." when applied TO poliii-
clans, We have never been able TO I'M
derstand. !: being. like the names given
70 parties in the National Convention.
during the French Revolution, rather
q nickname than definable term
We have looked with some interest for
an authorised development Of the pr;n.
eiPles Of the so-cslled Loco Foeos, to
know how 10 class them in inlellieible
language. Except hostility 10 banks
10 general, and opposition to monopo-
lies, we have hitherto been in doubt
~ 10 the extent Of then creed. In the
account Of the proceedings Of the
Park Meeting, IN the city Of New
York, on Monday. however. our doubt
is solved, by an avowal OF principles
and purposes a. essentially Agrsrian a.
those which were Recognised by the
legislators Of Rome some centuries be-
fore the birth Of CHRIST. Witness the
following. copied from the account, in
the New York Evening Post, Of Tues
day, Of the proceedings Of that meet
ing:
Mr.. II. r. r. then presented . series Of
resolutions, declaring, in substance, that the
banking system was n var with the interests
Of society and the Constitution; that Ma
'ionAi Bank Was not u proper remedy Zoe the
evils OF the paper money system; that the
late suspension act Is ex-posi fscio. and i'm
pairs the obligniiohs Of contracts: that the
Governor be requested TO call the Legislature
together; that = State Convention be called.
10 assemble az Utica next September; that a
nsp Consiifuffoa BE- proposed, one Of the
clauses OF which should be, tkaf seiuaI SETTLER,
Iigh occupy from sighty 10 hso AsadTsd seyss
sseh Of iAs PaSiie lands; that the banks ouxht
70 ss't'f peer PsVs0as sDsefiag ssliitsseAf -
fhs public do1astn; that Congress ought 90 pass
lend bar VifA ihsss Prsvisisas; that the meet
Ing would su.Iain the President In enforcing
the Paynen, Of specie. aud IN his pledged hos
tilty TO paper money that the greatest evils
OF paper mcoey are its Vast fluctuations that
all conoexion between Bank and State ought
10 be dissolved; and that all candidates for
pubic othces should be required to sign n
pledge 10 support the above prineipleas
seat"
The frst principle Of this creed, the
reader will perceive, is the substitution
OF new government for the existing
government OF the State. This is Ger.
ta'nly going radically to work. A lead /.
ing feature Of this new government, ia
to be dissolution of all connexion be-
tween Bank and State-to which. an n
principle, we see no very particular OBJ
lection. But 4 second feature is the
partition Of the public domain among
those who now possess none OF their
own and TO accomplish this purpose.
the banks divorced from the Govern
ment as aforesaid) are TO be msde TO
assist these lsndless parsons ''to effect
. settlement on the domain which Is
to be pareelled out among them. The
amount Of all which Is, that, from
those who have property, it shall be
taken away; and 10 those who have IL
not. the property of their neiRhbors
shall be gwen. This bensroLenf prin-
eiPie. resolved upon without dissent
for the State Of New York, IL also 10
be applied to the General Government:
for Congress IS to be invited 10 pass a
land ball with those provisions.