Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1838-08-06

IL blongsto Congress, therelofc,~-fC the Repre-
sen,aves Of the reople--,o regulate the currency.
Government must luke charge OF 1t, sooner or late
and till that time no satisfactory conclusion can be
| put To the embarrassment Of the country. Do We
not during the short suspension of the power OF
tho Constitution sufficient cause for alarm Are
there not plain indications Of State jealousy, aud RI
yal,y, in commercial enterprise, and III competition
for the use of money and credit
Who Is not wise enough to see II we look 10 III,
state OF things under the most favorable aspects thu
there is cause FOR fear, unless the Government steps
IN 10 take its proper control There are troubles a.
head and | look for relief only to the action o.
Congress. When the State institutions are left Il
themselves, and are actively engaged in conpcr,-
ton, see tho necessity OF further check aud coii-
troll. There can be no security TO property safe.
~ to trade. until the true meaning OF the Cops,u
ton IL enforced. With six and twenty States, and
the Banks all anxious for the Of money and Tor
the of credit, | say that il credit can be main
tanned without the regulating power oftle Govern
h,ent shall be most agrecably disappointed.
As have already sad, these Sub Treasury
schemes are but conrivances foi getting away irou
dlsagreeable duty. And after alf, not one will
swef The purpose Any man with common sens.
will say, that with thirty millions year revenue you
cannot keep H. so that II will be safe--so but that
some will say IL Is not his thunder. Auo,he.
plan Is Tor taking bank notes, and tying them up with
red strings aud doposing them in the Banks-tur
making the Banks Sub Treasures and Repositories
Tor making ub-Treasurcs OF the broken, rotten,
II is the object 10 separate the currency from the
Government Tomake one money for the Govern
ment aud let the The people look ou for themselves
have said II was tho object OF myself and of those
who acted with me, TO stay this Good OF thcory,--to
keep aloo from all legal enactment to countenancc
tleupew plans, until after new Congress had been
cldoled aud resort had been had to the ballot box
es, and'the opinions OF the people could be known
Their only hope was 10 stay the rushing torrent,
I'LL mightier arm could come to the rescue. We
have succeeded.
Our services, If they have not contribute ed
tore prosperity, have preserved, thus far the Const
tuition nyioale. On the part OF the Governu cnt,
surrender oi power Is endoised upon The Constitution
There Is no clause appended 10 give obsfante to
the Executive will. We have snatchrd the Consul
tuition from the furnace. Yes, out Of the furnace Of
party contention II has been snacheda and hold
II up aud tell you that the smell Of fire 10 nor
upon II.
But now, Gentlemen. it must have another guar
d,anshp. stronger hand must be, ave, and will
be- rasedto protect II. Time has been given Tor
the people 10 consider An opportunity has beer
furnished Ton the country to set 10 this great question
lor their public servants. And | think that IN pro-
dneng this result, besides labos vastly great
CT influence is 10 be attributed TO the indications of
public sentiment which have been manifested to rho
friends ol the Administration. would dnect your
attention to the poular revolutions Ia New Jersey
Ohio, New York and TO the still stronger one in
Pennsy lsania, aud to a similar one in our own
commonwealth. Since the discussion OF the Sub
Treasury Scheme, have seen tho same SEN
tnienl exhibited in its nigh in the state of Con-
neclcut and witnessed its triumph in the distant but
respectable state Of Louisiana. So that we see, in
every state, 30 far We have the means Of forming
our opinion, the sentiment Of n vast majority IS a
ganst these experiments, and in favor ofreurnng to-
the practice OF The country, aud tho intent Of the
Constitution. But in the meantime, although these
sentiments return TO the authors OF the experiments,
they are determined TO adhere TO them. All things
>ss.e& ihpo the question OF dlvorce--the separation
~ ule Government from all Banks-is determined TO
be persisted IN as a test, aud is to be made pmry
question. They expect reaction. Al the last SEES
SION had much conservation with members Of the
party The said there would be n reaction, and said
the inst spot in which it would appear would be
Louisiana Now this expected reaction chang
ed latitude, rather quicker than the sea-serpent,
which, when II was expected Oft the coast Vt Maine,
appeared upon the coast Of Georgia.
We have done our duty in presenting the subject
before you 10 The extent Of our ability. We have en-
dearoured to lay it before the country, and wait for
deliberate aud guiding decision. will cut short my
remarks--and will again express my solemn convc-
ton, that this question can be settled only by The
people. 1t Is not connected with any antecedent
party tunes. NO preceding administration has a.
dopted or sanctioned such principles; and We may
hope by liberal address aud by just and fair reason
ing to induce even our opponents TO hold TO the
Constitution.
AT the same time must not suffer ourselves To-
DC deceived. &C must yield to no cXpedients--a-
dept nothing out Of the Constitution. " e can find
remedy iof our Ills in provisions well understood
long pfactlsed and able now, ever, to afford ali
security. Any one who will look any where but
TO the Constitution itself I; who will tup his inge-
nuiiy, his whim, his caprice, or his countctieit
schemes, instead Of holding on to the Ark of the
Constitution ITSELF will exhibit the foul hardness
represented IN the old mystery Of him who had
climbed 10 the top Of the highest mountain, and
with the food rising 10 his chm, told Noah 10 get or
with his old craft for he did think there would
be much of a storm after all.
1t was for just such a crisis for precisely such an
eXgency, for times when with ruined currency and
distracted commerce. that help was needed, il was
for such times that the Constitution formed and
trust, that those who wish for aid will look to the
light which the Constitution sheds upon the path o,
duty For myself ann determined However o.
theis may decide, this is the only way for New Eng
land Our affections, our habits of thinking DIN Ia
terest, nil bind us 10 the Constitution. Ii would be
contrary to our own habits Of thinking; mus, ira
vel back, and undo the work OF out fathers if we
abandon it,. We must disgrace ourselves it we do
not keep our gaze steadily fixed upon that guiding
star. 1t is our destiny. You and must follow il.
II is due TO character that the Constitution should
be adhered TO.
canno, resume my seat without again expressing
my sense gratitude for your generous appreciation
OF my services. have The pleasure to KNOW that
The occasion OF our meeting originated with mechan-
les, always patriotic from the days of the Revolution
TO the present moment. Who is here, whose ia
Tiers have not told him--there those here who
know-that they were mechanics whose blood red
dened State street, previous TO the Revolution, and.