Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1837-11-16

begun' We know OF bu, one ,cce,-
sion. The voice Of the honorable
member iIom South Carolina is heard.
u Ia true, now mingling with the &C.
neral strain; and that is all. Where.
Then. Is HE ground for confidence in
Tins experiment, more than tbcIe was
10: Il IN the last.
This scheme, too, is against all our
usases aud all our habits. IL lock, IN
The revenue, under bolts aud bars. from
The time OF collection to the time of
disbursement. Our practice las been
Otherwise, ard il has been a useful
practice. la 1888. the Secretary of the
Treasury admonished the deposile
osnas. since they had chained the Gus.
iody oi The public funds. To accommo-
date the Public. 10 loan freely. e.pe.
oially TO Importing merchants. And
nov. system Is proposed 10 IA, accord
az To which. any use of the Puhl,c
fund, BY Way OF loan or aeconmoda.
l'on To the public. Is made a -crininal
oaence. and 10 be prose- uic6 Ly ind,ct.
heni' admirable, ad.;ilAtle con.i,-
,cnCy
Blu, ;hc grea, objection 10 the mca.
sure, thai which So much dimini,h.,
,he importance al all other objections
- It's abandonment Of the duty of Go.
'efnmen'. The character OF this pro.
iJect Is, severance OF The Government
iion ;he People. This. like the marx
ol GAIA. rs branded on us forehead.-
Government separates Itself. no, from
the banks merely, but iIoG, The com.
muGiiy. 1t withdraws IT'S care. il de.
rieS iiS pr"i' c,iOn. II renounces It's own
h'sA duties. am against -" ~. jrct.
taerc lore, IN principle and IL detail: |
ana Tor no new eXpeIil eats: but | am
100 sound currency for the country.
AID mean b. tins. a cnnIcr,ihle cur.
rency, 50 Tar as II consist OF paper. I
diIier, altogether, IN this re,l.cc, from
the gentleman from South Carolina
Mere Government, paper, not PAYABLE
Otherwise than by being received for
taxes, has 40 pretcncc - be called a
currency. Alter all that cr1 be said
abou. 4, such paper is mere paper mo.
aey. IL l. nothing but bill, OF credit.
! IL always has been, and ALWAYS will be
/ uepteci4ied. Sir, We want specie. and
"e want paper, Of universal credIt and
"hi'h - c"n.cfiihle into specie at the
Nil Of tie holder. That system of
currency. the experience Of the world.
ana our own experience, have both
fully approved.
maintain, SIR, thatihe People ofihi,
country are entitled, a, the hand of
ihiN Government, 10 a sound. safe, and
UNIFORM currency. II they agree with
me, they viii themselves say so. They
will say, 1T is our right; we have en-.
loyed II 10 years; it is practicable. il
IS necessary 10 our prosperity. 1t is the
duty OF Government 10 furnish il. we
ought to have II, We can have il. and
We viii have it,"
The language OF the Administration.
on the other hand, is, Good masters
YOU ere mistaken. You have no such
nsbi. You are entitled TO no such
thing from Us. The Constitution has
been misunderstood. We have sud.
denly ionnd out It's true meaning. 4
new light has flashed upon US. II ispo
business OF ours TO furnish a national
currency. You cannot have il, and
you will no: get it,"
Mr.. President, | have thus stated
What think be the real question now
before the country. / trust myself.
cheeFiui'y, 10 the result. am wiling
10 abide tie test Of time, and the ulr.
mate Judgment OF The People; for il is
i sentiment deeply Infused into ne. il
- conviction Which pervades every
faculty | possess. that there can he ro
'eitied and permanent prosperity to
The commerce aud business OF the
country, until the Constitutional duty
OF Government. in regard 10 the cur
rrncy, be honestly and faithfully iul.
liked.