Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1837-10-30

was attended with eminent success. !nf three years
and hail. I'LL momcmaflly thrown ont Of &c" by
the extraordinary commissions ot the tunes, ns salts.
factory results were mair the theme oil fcrcaei and
earnest representation To Congress, by buih the
President and the Secretary vi the Treasury: II WIS
the policy under which the whole Rtpnliean pttiy
rallied formed indeed. the defensive rampant iton
which they fought ~ they believed, the battle,
oi constitutional liberty against a pDweflal and
aspiring moncycd monopoly. But are naW
called upon, all Al oner 10 abaalon that rol'
ey; appealed TO by the Senator from $.
c., lMf. CALhouS) in the name OF State rights,
10 make war upon State institutions, ard summon
ed. IN the nane of rcpubcan,hl, 10 surrender re
publican stronghold, Sin, Tor every republican au-
thorily that can be youchcd 10 favor OF the sub
Trcasur, scheme hundred might BE- addnecd III
favor OF State institutions the repositories OF the
public revenue. The Senator from Missouri. tNr.
BsNroN) with triumphant sense OF The wcirnt OF
that authority, producedto the Senate lew yeats
20 an extract from the opn'oh "i MI Jefferson, on
the c0nsiutionaliiy oil the FIRST national bann, IN
Which that great sialcsnan pointed 10 the State blnks
the practical and efficient substitute ior national
institution. We all know that that, TOO. was the
ground occupied by M Madison and his republican
associates In Ihr debates of Congress On the same
occasion. When tue question ol that bank came al
in lalOll, the sanc ground wa 'nga,n taken AMI Nd
hrreJ 10 by tho ofsnns OF the Republican party IN
Congress.
But let US see what has been sad on tins subject
by distinguished statesmen oil the republican putty
10 whose opinions artu aud large experience ~ tie
"u',"'''"""" "''' P""''' ''''",'e' s"'' ~ "''''
aud impressive weight. Ina letter addressed to =
committee OF this bod, III lal by Mr., uallauu, then
Secretary OF the Treasury and who bad presided over
thar Department ior atrrn OF tea Ncais, that able II
nah''ci "'o' sPc'h'n' o. many eo,' ''"'' ''',''''
os 'he panh'ns system 'o' TIC eo''ee''''' 81 "'p
ing "'sms''n" ana a''oo' teh'en' u 'n' p"''I nv
neSs rnP'py ms enp''aH' '''s""Su' 2'''o o''N'
ncwa of the charter Iol the Dauk OF tho Cthtcd
.u'o''l wv .'"''o'! ""'t 'o''',' ','''
,','''' ~ '''' '',''''.'n W., "''' n.y. -
~ ''.V''o'', y" io"'' Vn'n '"o '''''', W ''s
o"cu S,a o') "on'ossr ''s''' W ''''' ~ 3'N'.''
VI '"e 'o'"'a' '"S-u''"S ~ NV
'nc q"es''on' ""o'''' ""''" wv w
VI s'''He 'l'''''' "'''P,s' ~ "o''',9 ~, "
'''"'".'"s NV f''' ''i'' ',~' ~
,u"E,o WV" '''' '"s'''" '''" '''
+" ''' '''' ''1'''''" ''.'s ~ ,'''''' ~ -
lee' OF ',' 'nu,Pr"" W "se ~ 'S'"'9' "r" 80 :, w"
P,"F"s''' ','" WV" III, ,"''"'E VI ~ W $50
""len t""ln" W uo"l,cu ''o'' IVY ''''"' 80 "l''i
~ SOU, W. '''n'' 'olo'' " Nv
" '''' NV" $40 ~ W. ",""'' ~ 80
pe'lenee ana teh''''o" IN" % Nv o''"S "t'3 "'''
'"St y. W." ~ W" ~ -
renewal % Tue quarter "' ti'' ''eN u ''o INV"
"",t''' -.
Lev us no" epl'u'i 'ho'hc' e,o.' o''e" W N,''"
M "n'ho' on '''s 'nol'e' 'no' """'NV' '"','o
WIN ',''' WI ""o VI VIC '''''"s fa,'''h' ~ '''
u'"', c"nno' '"en''o" Wv "','o -, ~, ,"''" va
'h'S moor without bearing ','e hnno'e '''o"'e " N,
'o'','''"n ~ '' superior 'o'''.,' NV
me elevated moral courage an" 'ea'eNS I''''o''n'
WIN "ni'n ne 'ohnne'eo ,''o inohee' " VI" ''''""'
AZ Pci"n ~ 'nn e'c'cs' "'''e"'y 'n' '''3''' ~
mom' 'hey ha'e 'scI ",'' ~ S"'i N''"' W. ~
D"'"s '"'"e '''" WV ''"'u'! ~ P''''''' -
a'er the Suspension I" sP.t'e pa "e' os vac "'n"s
III loI', aid CONTINUE l. 'hfo"Sh .n' "4o'e Vcl'o"
o, ms ADMINISTRATIONS 10 s'us &c "'' NV '''''''''
DIV "pe"h'p' "ee'''''" y ''''' '''u W '''' -
lis "cr "''''' 'oI'' '''" ~ Wv "''e
diversity that 'iad ",scnli' inc '"uo o' ''n various
local cuircncies' an" 'He consequent ''!"' W Wv
banks mhIci, liid been employed As pn"he dep'sno
fcs 20 receive anu eieut INC h"'es vi e'" o'"'i ~
cash In ms s'''e OF th'hEs nc WIS ""'" v" VIZ
necessary q c"'s"c',ns NV 'e'! H"'S"''' "'''"
- no" Ifcsehlen' VI a''coo'h'ng '''e ""ns' "a Nv
pofItolie', am hchce'"i"nh cohmhuhS 'ne t"'''
by and saie'kcrpnS oil Inc fh'hc Hnn'Sf u 'ne
hdnaS oi oihceis OF inc ''"'e'hh'SP'' u" te'"' u
MS de'ipeIat'"hs " gwen !" WY nv ,''u% Po'
submitted ny nun 10 u'e ff's"n" u i2'1'" u'c
moinen' OF ms retirement it"" o''e III "i''" ue
rendered I'M account "i h'' s'lno"' ana 'esPen-
bic s'c""d'''p' ~ mn P'ie'' I'e' ''e'''"s va '''
EMBELLISHMENTS h,.o nle''o''"' Nv S'!s' i""',
State OF tiihgs'the treasury WIS 'i'r'o ''"''h VI
eNpediehts 'h"l ~ r''hc, !" '"1 WIS "'@'i' VI ~"
cumulaops oil IeFenhe "a 'u' h'los u J." Nv eul.
lcctors aud receivers OF |" recognise - PAGES o. nc
FosIte tie hi lis lbein@ h""eF L. u'h~s VI uh1ue''
tiona'le soipny) established N the u's'nets m'''
affected by the course o. eSeliansef' ha"y Po'ef-
fnt chSfcf0iibiF fcd ~ Il" d"oPH"i ~ nc "'e tte"@-
nrt." Tbus We see that M Dallas, atef lull arhp-
Grafton, "ior ln'ny powerful considerations, gave
decided preference To SAFE hAn''a' pohc hri'osio
tones, even wiiie th;V i'n suspended SP'e'" Fay
mcnts, over the i"dFidnh agency tn'l Is no" pro
posed, and actually ehpoNed as many as nme'yJ'W
OF thosa banks IN that talArliy, cu'no' so"f an"
inconsenIent AZ .olHsc 'nuinbef necessarily Was
'I.,An Ipfaf .it