Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1838-05-24
T.
From The ( Waryenton) yirginia Times.

FROM NE ~ dTTtHtOHJ pFRthiH 4 hMfS.
The late Convention held by lle banks, IN the city
Of n. York, was the most numerous assenlbiage ol
Businessmen tbaving reference to that peculiar vo-
cation) that ever before convened in the United
States. There were upwards ot Two hundi ed dele.
gates, representing, and 40 doubt faithfully and full
" representing, the financial condition and interests Of
the states from whence they came. The decision of
such a body, upon comparison of views, liter lull
discussion, is entitled TO the highest respect. Their
decision has been against immediate resumption
the abuse OF the partisan. the clamor oitle nuthInk.
ing, the anxious wish of all good oulzens, were e.
qnaliy ineffective. 1he question was not hat they
,o0aid do. but what they could do; aud IN the pre-
sent condition OF things, II is the deliberate ludg
meui Of the most competent tribunal on earth that
the banks cannot resume before the first day of Jan
uary, 1929.
This is precisely as the Wing statesmen, at the
commencement otthe " Presidential experiments
forelold. The work ofdestruction IS easy to ylo-
late, 10 overthrow, TO destroy. requires the excr-
non OF no very high attributes of the human intel
'ect. A child, a madman, OF an unscrupulou us in
cendiary, can IN a moment destroy what has cost the
perfection OF human wisdom 10 erect. Whatso bold
as ignorance ! What so easily guled, and deceived
ana misled as ignorance! What's more readily
flattered aud inflated than ignorance And what's
nan as obstinate, hall as dangerous, half as dcsttuc-
1--WE as inflated, conceited, chahng, restless, iGNo-
RANCE, BACKED BY POPULARITY, AND ARMED WITH
POWER! A bull in a china shop presents bat a faint
yFS " s"VdRt anu itChftsS dcstfutUbn. N0avefS,
associated with knowledge, is a more fit depository
oil power than honest ignorance, coupled scih
high indomifabje temper. ignorance becomes the
tool OF the designing. knowing nothing, ii fears no
thing, and may be stimulated 10 dare cyeIy thing.
Our readers will bear with us in this passlng tribute
of deep Indignation TO the savage triumplrs OF fin0a-
ted ignorance over the long established policy and
most valued institutions of this country. It has
been but one short year since arroeantly initiating
the example OF the great Washington, this modern
destroyer delivered his farewell address to the Pco g,
pie Of the United States. MY feeble efforts (said
he) to better The currency have not been IN vain l
leave this People free, prosperous and happy -
Behold now the fruits of hs . feeble eifor,s -
Where are now are the traces of this boasted pros
periiy! His image is impressed upon our prosr IA
ted commerce., our depressed industry, our unequal,
dlsjointed, annlhIlated currency. lis character, is
distinctly defined IN our party divisions: bold and
restless IN their objects, they are Inscriptions and
daring in their means. He has beento Inc Ameri-
Can people like the indulgence Of evil passions /:
grateful and stimulating during the time fdeitation
bat ~todthsome 10 remember on TIC day Of account and
settlement. And, like the ind ulgence Of evIl passions.
he has left us worse in temper, worse in character,
and with moral powers much enfecbled.
THERE is ROPE IN THE REcuPERArIvE ENERGY OF
FREE INSTITUTIONS, aided by he bitter erpe renee Of
our present condition. There is trust yet to be pla-
ced IN the patriotism and intelligence ofthe PEOPLE.
We shall return, we are returning, to the old, we'll
tired system, from which We were driven by the ir-
norance and violence Of that dark passion which has
now passed over us.