Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1837-05-25


therefore, DO cause for uneasinesE or
alarin opon the par, Of the holders.
DAVID CAMPBELL.
3eoac0es - q
/ WHO ARE THE FALSE PROPuEfSS ."
| PRorHEeV 6V HEERT Can.
LIT s curious and instructive To RECALL the
warnings and Praphseirs Of the distinguished
statesmen ofihe Wing party, andobseTVe how
eAaeiiJthey pointed out tie disasters which
are now experienced IN every part of tho
couRtFy. On the 18th Of February. Is3k,
Heory Clay made speech IN tho Senate GA,
the subject 81 Executive Patronage. which viii
ever be regarded ~ one Of the Roble1 menso-
rials 81 his saEAciiy rs = statesman, and his,
commanding genius as sn orator. WhIleeon-
graduating Congress and the aaIioa that thia
! subject had esme UP for debate. urenenmber-
ed With any q those collateral quesiIons about
the Bank, which he PaTtiEasa of the Rxeon.-
I'VE had e9ntrited 10 mingle Ia almost every
diseuss'on, and thus. by sTalling shemseIyes
OF the pFejadbees which hsd been artfutIV az
cited against thst institutions. had decatVe3 aNA
blinded tie people a. 10 che snoTmity az Ex-
eeuiiye PreieRsions, Mr., Clay made . reGe-
renee 10 the deHtTuelion 81 The Bang. and
nrieny depicted the consequences which would
How IRON that alsasure- Who Il ihase thas
can look upon this picture, and ca tbs prsAsnt
condition 81 our people. and not sap,h thaI
~ha! was prophecy m l53S Is fact Insis3f3
[51u Pair5sG
81 fear. said Mr.. Clay, that abe PEG,
pie will have just aud severe cause To
regret its destruction. The admins
,ratIon OF u was uncommonly able, and
one IS al loss which most to ADMIRE che
limperiuTbable temper or tie y isdom
OF its enlightened President. No eonn.
try can possibly possess better Tpner.
al currency than u supplied. The IN
furious consequences Of the sacrifice Of
this valuable instituiion selH soon e.
fsH. There being no longer any senfi-.
mel at the head Of our banking estab.g
lIShmcuts. to warn them by its in(ors
nation and operstions, Of approaching
danger. the local institutions. aiFeadv.
multiplied TO an alarming extent. and
almost daily multiplying ia seasons OF
prosperity, wall make tres aud uRFe-
slrsined emissions. All the channels
Of circulation will become gorxed.~-
Property will RISE extrayaganfly hi9h.
AID constantly looking up, the tempis.
iIon TO purchase 0ill be iTresistibie
lnordinste speculation iil ensue. debts
Will be freely contracted, and when the
season Of edversity comes. 90 sOoa -
Mllsf, the Banks, acting withoots con
cert and without guide, chewing the
law Of sol..PTsssfvstion. vail III - ths
fsame time call IN their is-ues: the vsSs
number Wili ex8ggeFaie ihe alarm. and
general disirrs, and widespread ruin,
viii be the ultimate efccis.'
PEoFHEey % TsE ''r.LsE PaosHrTa."
Mr. Secretary Tsasy said u ,hs Dspoata
Banks n 1885,
. BY agreements among themselves
10 homer each others nO,es end dyafls.
they are proyidiog . Renerai eaFreneV
AZ least 70 sound az lh.g Of he Bank 81
The United states"
Gee lseksou, 10 he asssass n 1884. ~
The State Bake ere eand f.Rs
s.ieqgefs - lhe performa6cs q M saf-
vices which wcrr required d TIE Bank
.ot ihe ". s., qai'e a. promptly. aaA
with the sqas fhsggasss.
- ~ inssspgs " 1898. Geo Jartsoa fsr,
thss ahrsfvrsi
"Ali ihe wants q TIE eommusyiv.
70 relalion % exchange end ccnaEEsv
aie supplifa ~ veH ~ nfu Acre 49, u
bssH b.fore We hall s5an 80. q.
he place OF ihe Back &C ne rei,ed
siaics a PRACTICAL REPOnAf
W TIE WHOLE PAPA gYs-
.fEM or TIE COUNTRY" eThs
aiiainmept ~ ssth fssfii uiIi Il .hien
tbe great tax ahieh 5ta ytpra avs.
fta hss - lSaa collected from tie
ssuing, ~ lthor
Af sse5llafs Earihssy. ~ - ferofi -
tieos eshsf. ie8t, 80 ibs sf,iem ~ d,s.ssssisr
ias flal'e u.afy ssftiasf--
fhe ceHEnat crfnEvrr ~ he
cpueiff hss gieaty israsVEp iasies8
~ deleuufsird"
isAs rsg.si y lsss ~ ssen,ary f.aars
Il seftts
''sn alif1ssie1a esd ilhno,s "a "a ~
6ewio95 ihai biiis undfr So baga aof
recently been iantd. Tke eaezr So
EnYlls which bsFe aiffhdy feudia3fo
ihf essaai - hfiga ~ ~ cargsarr.
8 eFhfba ~ IssE ~ ~ ans s
e.1 sssf4ltrg, b tiaist $751;
fte pfesFeci 4tta re- 81 a.
IufFeoel q iheisl1fs - fhe zhsls 80.