Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1837-09-28
Frcm tAs Rai:i~rs cArvni<L.


ted by the Pendent al a remedy Tor
the evils under which the community
IS suffering, from the arbitrary. unjust
and unconstitutional acts OF the late
administration. Presuming. therefore.
tina, i, l. possible ,ha, the loco foco no.
tons OF Mr.. Van Buren, may be reduced
10 the shape Of laws, let Us see ~ ha,
will be the dIrec, effect Upon the public
at large.
He propose, that Government shall
deal in specie only:
That certain officers Of Government,
shall become ,ub-ireasurers or dcposi.
tories Of the public funds
That all officers or agents OF Govern
men, shall be paid in srecie.
Uniet such in arrangement i, is no,
Va he presumed that he State banks
Niii, or can resume specie pavments
hccnu.c th" constant demand Tor that
currency by Government will me ia.
"ly continue II alta premium; the oircu-
laiion, therefore. ~ the precious me
tails. must necessarily be greatly reduc
ed from ordinary tInes-and the pro-
cess OF ITS circulation would b. this:
Those indebted 10 Government in
any shape, will have to proviGe gold
anu silver at premium, 10 discharge
their debts. From those persons the
coin passes INFO the possession OF cOllcc
tors, postmaSiers, SC. and is paid out
by them TO the various officers Of Co
N"rnmcnt. II Is Lot 10 be supposed
that these officers will dI,hursc the spc-
Gle IN payment Of individual claim, or
IN their ordinary transactions. Whilst
they can di,pusc OF IL a. ten or twelve
per cent. advance. Hence IL will pass
from :hen into the hands Of the brokers.
from whom IT will be again purcha
by the debtors oil Government. and pass
into the hand, Of the Collectors. Post
masters s.. Til, Nill be the roupue
81 lis circulation: From The broker, to
he merchants. from The merchants To
the collectors. from The collectors 10 the
other "Gicei,. and nom ,Lc,c otfiCer,
To the brokers. aud lhus the " hrc wIii
continue io turn.
Now LEI ne ask the farmer, tho re
ohanic. the laboIIng man. in fact mn
man. other than an officer Of govern
meni, how his own or his countrys IA.
teresi are TO be advanced. or how cx-
lStng evil, aTe 20 re srmedicd bv thus
policy J. it desirable that officers Of
government shall rrrrIVe pa, ment for
Their services m currency which i,
deuird tn common people that shin
pl'Niers' and irrcdremablc Bank paper
shall oe considered good in discharge of
the mechanic ibUr, OF ~ payment TOR
the farmer produce. whilst for govern.
ment Officers go!l& ilycr arc proyiJrd'
But there /, another view of the sub
jet which NAV not b. uninteicsling.
u The merchant be compelled To pur.
chase specie 20 discharge his bonds 10
government. Is u not rational 10 sup.
pose, that lie will add this additional
expense 10 the price Of has goods. aud
thus levy upon the consumer hat 90
vernmcni has eXaoicd from him, We
know that this Viii be tic result. and
that ;Hr r,rquence must follow. that
the poor viii Ne made siili poorer
The scheme Nil no doubt he popular
With public ofb GERS. the editors OF the
Glo'. and all those who are 10 "put
money "a their purse" by The orc,a.
I on-bui how any disintere led and
ra'Ional men. Who Io.k, alone l., the
permanent interest OF himself and icl.
ioH-ollizens and the future pro.pcri,y
and welfare of his county can ,anc.
ton IL. i, beyond my cgncepiion. /
knox the binding influence oc marty
am aware of the blindness ana init.
usiion wi'h which nearly III ,hc ,il-.
al measure. and dr.pn',r sentiment.
ul Grnc,,l JACK I'm " ere sustained. lg'
even Gcn,tai .,ho dared IN do
Vh,t would lave cost an, Elgg Fu-
' ~ ri. h.,t even r" rr,eg dared
ir ptp eb,tr. ., s.hr.t,r4 70
ne cuu r.rf,'f.n C.n-o... bv Nfr
Van Buren, -.paiiri,n ottha y6,eu..
u,ni tom the pco,l.--a Distinction
betoeon tie currency 20 be- pad 10
officers ol government snd Thar 10 be
u,ed by other citizens. I,isa bold
attempt n s,t1hlIsh privileged class. a
A. a