Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1838-04-12

every one that. So long a.. by safe at paper
we give some reasonable expansion 10 our own en-
culatlon, Al least do uureasonablv contract IT,
We do, to that extent. create maintain ab, fol
loans among ourselves, and tar diminish the
mount OF annual interest paid abroad.
But LEI me INV, Mr.. President ask the attention
/ of the Senate Il another subject, npon which in
deed much has already been said: | mean thai
! winch i usually called the cHfnIr sfsrrM.
Slf, what Is that system Why IS credit 4 word of
so much solid lmpott1noc, < ofso power charm, IN
the United States WHY Is II HINT shock has been
felt through all classes aud all interests. the rst mo
ment thai thu, credit has been disturbed Does It's
Importance belong, equally. 10 all co'tuefci al
States Or are there peen'IatIiIes IN our condition,
our habits. aud modes OF business winch make ere
du more Indispensable aud minglc tmott naturally.
mofe Intimately, with The hte-bood ol sys-
TEN
\ fn. and philosophical answer ia these inquiries
Nj. Ptrsilcut would demand Tin, should forth
both the ground work aud the struetuIe of our
cal system. II would show th1t the wealth aud
prosperity of the country have rs broad found liIon
as lis popular constitutions Undo ubicdly there are
pecalGritIes III III system, resulting from the ma
tutc oiOuf political Institutions. from our elemental
~ laws aud from the general character Of the poo
pie. These pceuIIlItIrS most unique tionlhlN give
10 credit, to lbos means and thusc ARRANGEMENTS
by whatever names cad Them. which are clleula-
ted 10 keep ltt whole, 81 bN la HE greater paft, of
the capital al the country al constant ac-
ItT ma " hat
Is experienced elsewhere.
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I ,.u l,.l l ,,..i ~ = ''"'
, ,'9 ',,' - 'ii l'''' ''| '''''
sweep, leaving on one she wealth ma -scs, hul-
den by few hands, att having hllr participation IN
- ~ wa "S
~ - '''' ''''''' "'''N' ''
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= , ,,',.,l ,,l ,,,I,,,o :, 1910 49, vs.
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4 to- - ,,,,,. ,..,,. ,l,.,,,,' 49,. ,f ~,
- l ,.,,,,, ,,,a =, ~ "
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49,, I - ~. ,,, I'D ,,,., .I ,,,, -,
- ,I,, =, ,,, ',a, So, -
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r,a, ,,,,,,, ,,Iy d,,,,a, ~ ,,lo ,.,L,
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,,, lc,,. ais. ds,,,c, -, ,t "a ',
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of pub ic nesnIar,on Now. S,. every h.dy mas, 500
=lhnl that is a state a Ilnnrs wh,ri, Lo,s ont cx
fst with rs ~ In.,r no .ncl v,s,tI, ,,d ,r,,l
Obstruction, between eapl5l and h,,. and ,,.b -,
Ihr General hlppln, IS Of all classes mis- FINN nm
NJ ith us L,hol IS every d.y ,uonlenlrup rs means
hy rs own industry : NOT IN all ,,Ses nde., In, -,
#,.ty many Is sarIuns of ye.t. ,day brro,ne H..
capital. therefore, of TODAY. Ga TIN other hand
,asjly The greater portion If thc rioreriv 81 the
e. unv exists III such small quanlne, llat us hold
er, cannot dispense altogether with lhefro u PEI
>una industry /; o. II, IA some uslaucc~, capital he
Accumulated u It rlscs 10 what na> be called Ia
tucc 1t IS usually disInrgtaled and broken iulo par
tjces again, N one or two grnfralIoHs. The aboll-
non of the ugIu OF prlmogesifure; the descent OF
properly of every SOIL to trmacs - well a, males
The cheap aud cay means by wAlch property Is
transferred aud conveyed; the high ptice OF Labor.
the low IIicc OF land the genius OF our political IN.
sltutons IN fine. every thlng belonging to Us,