Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1838-08-30
MIR MeDuFFlE,S OPINIONS.

"e have received, and shall As soon as pns,ihl, La
nelorc our readers, letter i,em Cav. M,Dnt,e
giving at length his views in reference 10 The c,.,,
'''''eo ma neal question, which. il would SEEM
"'''''''ey 10 swallow up all others, aud To
''''"'o 'he basis OF new party organizations.
"'"e'et at present we may hear of Sab IRA
s"y nhiSs and .inii-.Sab- Treasury Democrats
tic former viii soon be absorbed IN the c,eat Dem
oefa''e nass-and the latter will be compclleJ how
ever uStaSteuln ma, be, ellhcr To ,enun,sh then,
P''ho'ries on then patty. There is no alternative.
s"''' 'hch see who arc made oftho stern STUFF
winch nerves The soul aud the ann Of Patriotism
'i' "ho are the plant tools ofpowcr, who can be
whipped INTO the uack. like well trained hounds
by The master Of the kcnnel. Butte return 10 Nj,
NJ Dutlic
ms gentleman is neither fish flesh nor fowl E"
'"' N Il iltae OF each. With Mr.. Clay he thinks i
N''ooal Bank CONSTITUTIONAL and IN ordinary times a
very good institution; but with Nlr. Calhoun he re
CARDS thus avery bad time 10 establish it and he thinks
Ne" ok avery bad place 10 locate IT, and 90 mi
IONS OF dollars avery dangerous capital to eiseit-al.
though, by the WY il the Bank b. constitutional
anu good We Cannot see any thug IN =" The time" IL
change It's character; although New Nolk has not
been selected - the place OF ITS location aud although
81 millions at dollars have bees onl, spoken Of not
fixed upon, As the amount Of It's capital MI Nc.
Duties arguments IN favor of 4 National Bank. II
will be seen, are rs sound as they were some year.
and hypothetical altogether
Agam--Mr. MeDulie Is ,r;h Mr.. Calhoun. IN
favor of the " divorce of IanA and Sarc"-but, lac
Is against MI. Calhoun IN the cxpealcncy ol exact
lhs specie IN the payment of public dues. But II
Mr. Calhoun be rehl, thai the specie section of the
Sub Treasury Blll was ITS slfd pllnolplc and that
deprived OF that section, II was, as hls friend MI
flehens described II, eU4ach,-hc difference be
tween the tutor and the pupil is fatal. Mr. McDuf.
lie thinks the specie feature decided objection 10
The schcme-Mr. Calhoun declares II " Is a solemn
farce without IL So do these learned Nnlhfyino
Doctors disagree-and who shall decide when then
differ upon such nee points
But, If Mf. MeDutfc IS against the reception of
Bank notes and likewise against the cxacionoi spc.
cle IN payment of government dues. what IS he for
lie tens Us That he Is IN iavor of the OF Ired
s"'y Notes, with which, or with specie, at the cleo
ton OF the debtor 10 the government. hls dues may
be hquidalcdi And what Is this different IN prlnci
pie, from tlat famous EXchcquer Bank =" founded
upon the revenues Of the government" which was
recommended by Gen. Jackson in l72o. aud against
winch Mr., Mcpnt6e thcn sped the most pointed ar
rows IN his qnNcr' LIS the very basis OF such
bank. II IS at once, to the extent Of the Federal
revenue, bank 81 Cucuiaton-llow long will IT be,
before IT will become a Bank also of Opposite and
DiScouHt' The wedge once inserted in the ,iyen
oak, few more strokes lays ii entirely open The
lnroadS OF innovation are not less sure md spccdy
nrnsh substitute for specie and bank notes. in
The collection OF Government dues aud it viii soon
become the ordinary Circulating medium of the coun
iiy-lhe farther steps to the organization of an Ex
chequer Bank founded upon the revenues Of tho
government will be short and certain. Give us
arg Ting sooner than this McDuiilclSm, # less
absurd, Is more Objectionable than Galhounism.