Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1838-03-15

upon the poop Of the United States for even his
tremendous influence. VI was necessary 10 psO-
eeed IA the worn wui caution, aud 10 begin with
thai institution against which could he embodied tho
greatest amount Of prejudice. The refusal 10 re-
charter HE l,auk al the upiicd States followed
by determination To- iron, its custody the
public money otlllo United States That deicr,n-
nation i,s whispered in this place. denied scain
minated, aud Gnay, IN September, 1888. executed.
The agitation Of tho American Public which ensu-
cd the warm and animated discussions IN to coun-
tty aud IN Congress, Ia winch that uncons utioaai
measure gave rise Ill teslt IN our Iecoil.cti0u
II wa, necessary Ia que, the public mind. aud 10
reconcile the people 10 what had been DONE before
General Jackson sctiousl, entered upon h,s
career ot hostility 10 TIA. State hanks. At the COM
mencemcnt oi the session III Congress IN 1884 l,e
imagined u sufficient calm h,d been produced, and
ia his annual message Of that year, the upon
the State banks was opened. In that message lie
saw:
!" 1t accns due In the safety Of the public funds re
manning ~ rhal hank, aud IN the honor of tie A
me,lcan People. that measures be taken 10 sfjn,fafc
tie Government entirlv from IN institution ms
chicvotls To the pubic toSi"iuv. aud regardless
al the Constitution aud laws. l,y transferring the
public d"psltrS, by apfoitting other peus'on agents
~ lar asst had The rnwrt by ordering the discon-
nn,nce ui The receipt ai hank checks ra incn, nj
the public dnrs after the Grsi 'ay Of Jann,ty ncxi
the ENe, uiise has cNcrcd al lis lawful authority
II Seret The connection betwtcn the Government and
this iuliilcssrofppratio
In tins quotation il will be seen that the fr>t
cefmc Is contained Of th ,aiatiou aud divorce ut
The Government from b,nts whicl, has recrnly
made such Il conspicuous danie. II relates, u IL
true, Ia the iae iauh 81 The United States, aud he
speaks oi separating and sr,e,ing The conicxon be
tween The tosetnnitnt aud that institution. I,m The
idea, once Developed, was easily susceptible oi ap
pleallon 10 all banhing institutions. In The Mes
saee OF the sncceednt year. his n,cdnaird attack
upon the Hla' hInhs is distinctly d,sclosvi--
Speaking Of sound currency, L., says E:
- In considering tlir mrnns al obtaining import
nnl IN eod, t@' Is, sonnd currency, must set
aSdr al calculations III temporary convenience. and
be influenced by tlosr uu, that are ~ harmony
with the tue hnaei aid permanent interests III
The Republic. We mltt ,ccnr 10 ftSi yriasiptes
aud see VITA, : thai has p,e,, nted the legislation
u Congress AMI Hc Stuff, on the subject III cur
ItmN from fall-i>mG The pubic eNpeei,tian, aud
realizing results ,trspondme 10 hose which ha,.
attend Il iir action Of On, s,,.rm when truly CON
stsleat with the great Ipin,lpr u cqaaiuy ,tpon
which II iess, and with In, spilt ol lorca rll.c and
'oo1hH concession and .rneto"- rattioi,sm whcl,
was finally, and mlst ever .otrlinucto be- the "
! ,lcment I'll our mon.
Ca ia sa peel ! an furn that cannot be mis-
t'hen III asrrbmg on, want al success the COM
lrnanee which has been afforded to The spirit al
WoHoP"ig. All the serious dangers winch uaf vs.
ten has vet encountered may be traced tn the iez
sol, I" Implied powers anil hc use IF corpo ,aiionS
clohcd Will pfyil, ges the citcei III " rl 10 adj
vance ia" interests 81 the few al the expense vi the
hiny. We lave tell bH onc eia>S o these dangers,
exhibited III the conlr,i Magrh by fhe Bank Of the
Sl,trS against the Government iu the ds four wears
| Happily. they have been oby ntrd Tor llc present
by The indignant resistance al The People n
should tec"lleet that the r,ncipe whchcc the,
sptanS Is IN ever active one, winch viii ~" fail IN
renew lis ,o,ts III lhr ,ame aud IN other forms, 81
long ~ trc Isl hope III success, iennled either
the nattentIon oi the People, ~ the tIea,heiy ol
then representatives 10 the subtle progress oi its
nurnce.'
=" We are now 10 see whether. in the