Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1837-11-09
SPEECH o. FIrs. MASON,
OF vsIRGE.rE.s.

mA'Os tsii,
Agreeing. n most 90 Italy do. In IN, &C.
'et'' measures which have 50 FAR 6ceu pre-
senteI oy the COMMITTEES of way. a,.d NO.
Tor the cSn.iderstton of ihi. House n u w,,,,
tie utmost toihct,Bce, that am nov brought
" dhier with those with whom have hsr.to-
fore ,cicI.
ms Side'enee, however. I an pleased 4,
eon,'ier. |, ~ iast bIl one OF mere .xn.I,,,.
ey' a"d ~ Itself eon,aip, nothing ~ h,sn .h,.,iI
sevcr ihpsc who are uni,ei olnetwt,, ,n IN.
preservation and sU?pnf. Vi those great ana
iehd,ns principles, watch actuate polite Al
parties.
difference. nj o1ip'oa n-ee,sar i,y p-rt,in
70 aoho1raiion 1T ., ,sai1.t the ,u-.,t,ut,,r
"our n'irc, h1t u - )uld 10 uiherwi..-
fNeiis;hce. T~i.'n, and spund iiisn,at M.
"hSe hottie q cntIfe un1nirlHy -p,r a,,,I
cur repre,-rtauSe government too any th,,-
more than 'nrr. forrali scgu'c.ceuc. n, m.
VIII OF some orlIrei >Iaer,or. At IA, ,i,.,,,n..
were alio vtf q hni1, th,t pary a., ,npr.
eSlct' an u1cnrs.d.rej .,nciion Il ever, ma.
s'fre winch brings a rec IA .nen.. ,:io,, f,,,n
the Executive ch1ir.
snra " certuniy ~; III. ,-i-,' of or- i,
s'fn'io1S; nor sh'ud It TIC tho .piIt Of a.,
parry mat w1a at xl,e'y and wisely. or
e'-h snecc's'"t'y. ga tas al .n,uistratton of IN.
gcTsfnH"nt cpCisiI;ted 90 Iheir,h,-e.
U At
once u state my objections q tho BIZ upl.r
consideration.
Those who have S-3us,, Il IN, ,il-c,, y.
e'ai". 10 or favor. as 4 m-a.l-s sirnply N.
'sn lei 10 provide irr Tho ssfs X ching II In.
F'o"c money. iii'slI that the furmer a.,
PpaHres, TIE Stale Bake. haNin. proved
eUteT ln1trIfate - tie date. Tc1-,.fet ar
un'aiufil 10 the trust rcp,sei ~ then, =, nj.
ne'n'h oi 'Ae Pih.ia s,r,r-, u i, n,ees.,ry
''n' governments now s'pid take care 90 ~.
o"n Interests; 1'"i that Ia viii be most e..
's'''i'Y G"ae, ~ 4 rr'i!r. u What /, r1ii.i
IA -sii currency ut ih. country: ana by ron.
f'''in; ceriiii i'rii ,il!c~r. IT the govern.
'nrnt thr keepers ne wei. a, no d!,huc,et. of
la pIb'ir money.
Thu ml,hi1c~y IS cer;lia'y very simple and
u th' Only eni 10 ne a,ta;asi, vcr.. in ir,ub
tne sv- k.p.1S e ;he Ppllis money, however
misht dissent fo7, tae eNpcct1,irus Of tho..
who nave planned ~ operation, could no,
sc ~ IL 'h"'e i''uper1hic objections. which,
inpei me noS II rv'nDn>,raie ghinst A.
The s''is. sir Which We are expected 10
remedy ny some ad,q ate law. lie far t,e,.r
- Ue pan A. m'adth1U ary ale gel ipSecusity
o' u" pubic money Evils f,r " hich no r.
mciy - provided Dy thi, bil but which ,y,,I
N my jnds nonr. be fi,ten~l 40 N the comm.
MY hy H. pls'ass--i meal the present d..
generate co',i iIrn e The currsncy
what /" no y the ency Of the courlr, /:
iak not what oishi H. D.. hIt = h,t actiat,
nov TIC 'bie c;l-rency '-ihc oufv medina,
having eS hNnseable value BY which ,hs bu.
sns" OF The cpGatry is carriel ofb IL rry.
- I. ent.rely from INC cri oi 40 eo,Cedrr,ry
u the Other, Of irreitrmaJle tank paper-
every piymeat that u made ever, de- ,l,,t
c"'ected, every transaction ~ ever, KIDD
"he'hrr large or small, into which T,srsu et.-
t. "a I'D r.
la" boon Issued hy ;he State banks. a1t ~ t,rb
they va longer redeem with gold or s!,er
Ihe'c H'eta's tlSe passed entirely ont OF car.
euiaiion theI ilrn no longer any portion 81
Tao money at tie community; tfeaiiry MONEY
~ that only, watch. Tor the time being serve,
~ ile SYMBOL ot exchange, OF thing, having
marketable value.
ThS condition of the currency ,, the true
and great evil OF the times; Il afle.t, ,l,. o.o.
pie IN Their eusiics', pcccIssi, ani 10 the sane
manner, aS 1t effects Ihe government IA the
coniuct OF Il, dtIr>; snd there cau be no re.
meOy, at all I'D qrate IT, relieve the govern.
meni from rs embIrr1ssmenis, which sh ~
not, at the sans time, and 10 The same extent
relieve the people from ihe.ra
la considering Jhi. subject ~ propose Io
do. nr unnecessary 10 90 at large Irlo an ex.
anI"1iipn 81 the cau,e, winch have operated
u ori'S 40 ,ut tins state OF thing, I do NJ,
Know TN am. nor DO I al all profess 10 bee
eqrIi IL This duty. All yet were I 10 .Itc.npt
a., should certainty dilIer very widely from
those who t-sce these eIu,es no f.rthsr ma,
to rcinndIat issue 1G bInk p,ner. That
snth issue has been 81 a great extent auxijI,-
~ to TIE present -mhIrTassmehi,, tIers en-
nc ~ doIpt But u has been 1uXi,IIry only:
snn irse'! admit, that ~ my very hIno.e
judy nent. well founded objection, TO MIR
-. III ltss 40, al.
banks Ut Discount, oTElrizei a. orr tnrr,raa
hanks arc. yied the f,rIIities of credit too
readily and smP'y io the demand, Of trad.
without \ power &C DETERMINATION b,tur...
'uch ~ arse from the extension, or accident
81 'isor oi hsa'thful commerce. aud such =,
have ihri: origin IN wIld aud gambling .n,r,t
OF speculation
Commerce rsqrisss credit From The = -
mat men passed ~ their ce,linE, beyond a..
hr't simple stages of barter, credit ,n s,,nr
fIr'n, entered INTO the all .its OF trade f..
agency soon cams To bs unh,r.iDod, and ,he
Wt"is are not more ariiSr in cir,u.,,,r- tLr
common air, than credit nDw IL. az over lb..
world, ~ Circulating through every land th,
productions OF every soil
Trade and commerce then b>ror,i~, tei, 1
WI prosperity. have iraNn too Iayi,tI, nanr,
Tie credit offered them through TIE bluk, or
u ym vii have e ou,erwt,a e1rrrs.sd tl,
eNp'n't,ie character Of hack crriithls Il! f.
ed too great temptations Z, coin,actri,fr1t.r.
prise, and ~e ste nov suffering under Ga. con.
's1nenees II oVer-acti1a, IS well oi She ,1ft
olih'>e Who used this credit, 4, u those v ho
gave 10
IN this reasoline ] On borrc out ~ Tie
mss'aS- q TIE Prcsbcut lie saws chat
our pre-ent condition - cir. iiy 10 be- aitf,f,i.
i'oie TO over seton g. al the departments IT
hn'inta'' an over action deriving. grrhars 10.
hrsi imPulscs from ln'tceJett ,1usss b,,t
IN dated o. ~ de.tructisc Convenience, D.,
excessive r'ges e nlnk raIcr ara ~ ,t,.er
f'ri ties for the aeqlriuop and enlargement
Of credit
have entered Iuto Ito ~ iect ihn. ~
Only bot NY iavitr yyu O. a uore euIar.,d
view g i'e .iieut.Cs u BEG net. DIAN ATE
p-e'e1irl when our iri.n's is clnlrtd ,iltIy
g. c9nsidrratop of iae safest custody ta d
Ne c1n Psosrir frr llst potion e tbe pcu.
pc money which - 10 pass intJ ibc ,,Jifr
c.1.fs
Aly great objections 20 TIC a,r1-rs, pro-
f''si % 'ti' bil. ere. ,hs, they are pot "a OIL
commemorate vs. th the cXtlrrsie. nC { C.
tmes They Do not meet tie real dttiet.t,
TIC bt simply pr'sins hot t.s Gsvrfnusri
ah'r limited tirie. VII receive fC'itpk lr,t
H