Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1837-11-09

locked up there In gold and silver, sooner than
encounter the coat and ri.k Of trsssposistion,
and the e.smor that would be raised against a
IN those states. we should 20 quietly To wosk
I" We are now doing. and issue Treasur,
notes To answer In IT'S place, until The Iesiors-
'nn o' trade TO it, accustomed channels would
ALLOW ITS being made a,aiisbie, by the use of
bits oi exchange
Treating the banks, then. ~ they eerisinI,
are, institutions dependant for their being upok
inc Sis'es alone, aud yet exercising so import
sh' an influence upon the trade and buSlne..
oi the eouniry, IL becomes us next 10 inour-
what - the best snc safest relation IN which
The government can place Itself toward them.
10 avoid, ss FAR as may be. a recurrence of ,hs
evils under which We now labor.
ia the hrst place. SEE no p. icr nse,,,;ty
either - regards the Welfare uf the t:.,,,n'
me"i or The banks, Tor any connection he
tween thcm Whatsoever. A sudden aud y,o.
LEI" separation. such ss u eoatempl1i.d by
'hs 1ii', have slrrsdy SAID, would. IN IN,
judgment, be imrraeiicsh.e, IN the pr,,,ni
eondii'on oi the county. believe the tran.
su'o" (irom the state Of things ~ Inch ..eh !,
urotce" would ereste) would be n Nation.
~ Bank, az Inevitably a. from ANARCHY ,,d
CONFUSION, people always seek relief 10 de.-
pOtism
Inc process or separation n,u.t he gradual
ai'er IL ., commenced. And ITS commence.
"e"i must await The entire recovery of trad,
accompanied - such recovery viii b., nv n
sound aud lie lihful currency; thai !, 10 -,
seu're"ey, 80 lar ~ II IS OF pa per, eon,erii.
Ole into specie 81 will
inc government, NAV, think, under .urh
'"eu"'>'ahees, aud at such time. eonfne it,
'e'o'P's 10 go'd aud silver, and withhold a.,
revenue while resting between coII.e,,oo and
q nj eli
or others
lam aware tina, strong objection. bol,l 10
keeping so much money idir as would remain
permanently on hand, under any system, ina,
may DC adopted. Butmy dec nled impression
~ nevertheless, that the patronage and no
'''ca' influences, with which ts use b, the.
corporations must be attended Together vim
Tue great incentive Which a. ,fTrr. In ox.,
uea'mg, are objections lar stronger Add
ron such inacuon of the public mons,
I snou'o 'ook Tor another great practical good
would invite, 'uihe mUst urgent manner a.
hNed policy, scale Of revenue reduced ,o
'"e lowest standard OF the most economical
| aimtnIstT alton.
h"d again by eo"hning IFS receipts 10 gold
ahd s"Ner, the collection Of the r.yr,u,
would exercise q .slutar, conttoI ox., ~.
issue ol the Stale Banks. u would do a.,
"y presenting al their doors, to the extent
" ''a' hem1hd, always an IneNorahIe ctedi-
'o'-a curb sadly wanted hy the hanks .,
'heH Isle career. Tho recent by Cavern
men' vi gold and silver ooiy. after tb. o,n.,
medium uecomes freely and ,mm,d,,,,Iy
'o"'eTuTc INTO CON, presents nuthipg IN.
c"">i,teht With the position, that government,
""s' uesl 10 tie sane currency IN which the
Ie"i'e "e"' because CON. and paper iunrns-
| "'a'e convertible, are sub>tamly the same
a NFa gRg 4
contrary, a fruitful source al mis-, b,.f IN
making government officers the k,rn,,, m
'"e Cbsh- fIarc about them what guards YOU
may "a The shape of com u. i, ionrrs insnrc.
'"'>' or whatever else, rtcuIstion viii pr
e"oiesS. There - no security ia il. and II
WI involve heavy and unnecessary e.pen..
'"e efle' and over ruling objection. how.
ever N The endless source Of patron,-r Ia
winch IL would give ri,e. Make The ms
ehi"ery Is simple a. you msy. and omen 10
''e"' wherever money IS, Temptation will
creep m and corruption in every form fol.
'""mS OF ats heel. But the n oney car he
sa'eiy KEPT, under the most ample securitv
aad freed from every objection OF patronage
u r''n'ca' influence, BY simp,e system uf
'PeeiHf d.Posii's ~ the state banks-Pema;pin1
always !" specie. the separate prep,r,y az ,hs
government. and paid out IN md, upon draft,
from The Treasury.
nave thus, sir. stated my objections can
a'u.y and ia'rly to this bill. They 20 more
ohs peculiar machinery. and To the time At
~n'e" Is brought forward. than To its gene.
t scope, asa easure Of Stale policy in the
suoJee' which IL il intended To affect Their,
no su'heIent reason, bs have ALREADY de-
Jared Satisfactory TO my mind nj least. uby
should he passed now, at the close Of
snort and hurried session. And take le,y.
OF IT. hrref"rs, IA the confident hone, thai
ms great subject Of the relations between
b'"k and state will. at n future day. he pre.
se"'ed m such form a. wiliunie those roun
'e' winch arc now 50 unhsppIIy divided