Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1837-05-29
i'NcpHuRG, nA. ~. ~,
iHh. BANKING SYSTEM

"a IN 81
"li' ot' We IKE it ot granted, from the uli,,,.,l
admission Of all who are engaged -, cr,,,..,..;.,.
'''s 'iat' IN some orn Other il is a,,olp,rlx -
'eh'ih IN country like this, the domestic os we'll ~
iotelSn trade OF which is so various and extensive
mere seems, indeed, tn be disscntient voice ON
'ns subject among intelligent men. But tl,,,,i,
WHY "ide difference of opinion as mieht fa,u,ll, I've
expected as 10 the mos, advantageous, and -, ! ~
s'fous organization OF the Money -pover bo,h j.,
u lis influence upon the CURRENCY aud com
anu III Tue protection OF the people from the
'N"'us VI ignorance and fraud in It's management
heeafuing tins as IA favorable moment for pusbuo
'hen theories and testing their "expermcns.u the
parties are all eagerly rushing into the ,reu, no,n,
doubling, II would SEEM that each has discovered
me "fa"d t"trefsdt Financial Panaeta Which. like
Monsons or Brandreth's Pills. promises 10 ,,er.,,t
and thereb, avert the necessity of curing the disease,
with which the mouear, system has been from time
llnmenioral afhcted--or, at least we are promised
'na' these experiments" will prove " perfect, in
n"cent, II they shall Turn out, IN the result TO be
less efficient for good than they are cracked up 10
be-"
lie inst OF these eNperimeuters are the
reney men-thc follow ers OF Benton Fam, Wrieh,.
Co Even ii ii were possible to accomplish, then
Soaen project still It's contamination would operate
most dlsastronsly upon the comnunlty-paral,zinp
commerce, destroying manufactures aud prostratine
agriculture. W. can imagine, indeed no u ore eff.
c'eh' CHECK Than tins visionary scheme If il could
succeed would neiposc 10 the progress of ciyiliza
ton aud rclnement, and no more certain means OF de
prAlng mankind of those comforts which follow in
tier tram. it Is the Chinese policy. which would
shut up within our own limits and cut n the com
uuncaon Inch now exists itl u,l5,l,rsof the
globe, so bcnciicially to all parties. It would in
short. be step and neon, i,e, able one back 10
primitive barbarem And, as furnishing some ey-
drucc 81 this, be noted here that the oul, ma,
lions which prohibit OF alc ignorant of the uses
OF paper mono, aic those Which never emerged from
the savage state, or which have made the most linn
tied advances III useful knowledge. We have no
fear, however, Of the success of this experiments"
Gun only apprehension rs, thai the designing dcua-
sogues WHO hold it out ts bait to catch ru1-
gcons." will find TIA convenient stepping stone 10
power. and thereby prevent the speedy adoption of
those effective remedial measures b, which onl, the
nation can be restores. to- and enabled stcadil, 10
maintain, the condition of prosperity from which it
has been 50 suddcn, prccipltated. For, We have
such striking evidences of the ctclulit> 81 mankind
and OF thr facility with which magnificent imposturcs
are palmed upon tiicm, that compelled To
don5tthc boascd power OF rtasoa resist tLcr ntl,-
cncr. Ncbehesc, With Mr. NeDulic, that with
All Lights OF reason and experience, aud the point
cal Improvements Of Our country men are still the
do!alrous and prcdcstned victims OF mpostlrre :"
and in the strong language Of the same distinguished
GE,, UTTERED uui years ago,) we believe that the
annals Of human dolar, and drlu>on cannot furnish
an c>ampIc ot amorc impndcnt. audaciou, and mon
SIRIUS nposlure, than that which the administration
is attempting to palm upon the people oftle unrd
States under the finn. and dcIusi,c idea OF return
lnc 10 the primitive simplicity Of hardmoney 60
scmment.' Nothing, amongst all the snpcrstitions
OF the world transceuds its INDUSTRIOUS audacil,. 1t
is e.enttul crisis in our history and II remains 10
be decided whether the people be made the
dupes this monstrous scheme OF ambition, covered
b, the prctcncc Of gong back the silver cur
IenrN. Ii is tile lst time in the history of l-
man ido!atr>, when The hord features of IA foul and
unnatural monster have been concealed from the
cyre Of his dcudcd followers by a silver veil. You
have no doubt read the instructive illustration of
the weakness OF human dousion and the bodness of
huulm inposture, in the Yelled Prophet of khoras
san Depm ed Of Natures fair proportions, the bold
imlasor covered his d-(onui,, witha silver veil and
hosJed i broad White dag, upon which was insert
bed, in words Of sunshine, Iyesdan 10 The H;rid
IIoIdng ont the allunng promise that he would
free
This filtered world from every boad and stain,
And bring its primal elorie- back again,
lie drew millions of devoted followers To ms ban
nor And after he had prevailed upon them 10
rllice their souls aud bodies his unlolv rites, he
raised the veil and instead of disclosing the prom
ised vision of heavenly light. exhibited his foul Inca
mrnts. in erinnng mockery,' cXcalmlng to his
wrelchcd victims,
There, " sauts, behold your gr, your star
lc woHhi bc duprs and sctms-nnd PC arc
Nav the honest dcvotecs of hard money currcu-
cv. tlkc warning from the example of these yolunta-
nv victim. of daring imposurc and avoid their
fate -
The second class of cxpcrImcters are those who,
admitting the necessity of Banks, contend that State
Banks perfectly adequate the accomplishment
of all the benefits to be anticipated from the Banking
IN cuualzing exchanges, and that National Bank
is useless in this point OF view and dangerousin eve
~ other. If such will not be convinced by
facts which history and observation both attest, of
the reach OF argument OF persuasion. These facts,
however, cannot fail to have some, and we hope po
| ton, influence upon the public mind. One Of the