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

/ Iltd. would not come 10 onr rrlC!,
Tins apparent anomaly must, no doubt be aSclibcd
IN good degree 10 thu peculiarly ol our condition
as young and growing country. by far the greatest
amount OF whose very inadequate capital aud lahci
has been Land out IN cnltNang a,ligin sol, and
covering II with Improvements of all soits. We
have been borrowers from the beginning. but on
great profits have enabled pay our debts, and
10 grow rich by them, without any other INCOME
nIcnco than tins very scarcity ol the precious metals
created by the standing balance of payments against
us, and that has heen PRACTICAL, none, because theu
place has been amply supplied h> the use 81 paper.
But something, oI should rather say great deal,
Is also due Ia our oIthluhng ON these subjects
neither II be OWING to our peculiar SITUATION, winch
has accustomed MS IN tile paper system, OF Whether
II be that people, IN this rs III SO many other tc-
forms. have anticipated the conclusions OF plnloso
pliers and the progress OF society," CERTAIN II Is, that
they have greater confidence IN bauh paper, and have
accomplished more by of IT, than any Other M
non III the world. Thus confidence, rs has been well
remarked hva very sensible French writer, who Lite
" ira, ecd through the United States, and whose
information struck ne The time (oi his letters were
published IN the newspapers At Pnrisl As, III gcntta
remarkably exact Is not blind couiidcuce-It tsthc
result OF reflection and experience 1t Is, IN my
Judgment IA most striking aud honorable tralt %
our people, aud index of some o the highest en-
cclcnocs OF the national character as well as OF the
singular happiness oil GU, condition. have listened
with asonShmcnlto the false aud superficial d'cama
ton, 50 much III vogue upon tins SUBJECT. To hear
some persons Ialh would take US Ion nation oil
sn''le's ana suppose that the "h"'e history 81 on'
currency aud banking was Que tissue o' downright
knarcrN and lmpostulc. These gentlemen totally
miS'plehend the cast, o am sure lil'y would not
do 81 much injustice 10 then country as 10 tnin what
Nightly understood her elo,y, INTO her sha ne. Why
sn, You perceive that as the foreigner Jus' quoted
las observed III r'gai 10 the comparatively shsh'
shock 10 credit, occasloncd hy The coniASilioh
nj New OH, We have been uad:ng, III elect upon
a TtI al ny I'm -,
no moth crust corrupt oi thieves b1eah III aud steal
ms Is that sort OF oritf" capital, the object OF
50 much absurd dcnnnctall"u here aud elsewhere, a
capital made up OF shall capacity, perseverance, IN
itsfiy, enelplzc. Political economists have al
ways appeared I" me 10 he guilty OF one great, car
dmal enor which WAS precisely lh's, ol not attach
'ng, 10y any means, suiheieni importance Ia moral
fdbStS, considered rs Y|odHttUc PtHfiS merely ne
Inst heads III every well formed table OF statistics
'"e To be the national ehaacei-ihe constitution
'"" LAWS ct pcuilc-the liberty they 'nloy-thc
'"'c 10 "h''h thry hclohs-tlc education ;hcy re
ec"'-lhol conduct pursuits and principles. In
COMPARISON ol'htse,Hle s6A' features OF the &'ogtI-
P", 9s''a' 'hu oa'uia o' country IT. t"II, eli
mate SITUATION rivers naih"iS &c arc really uhlm
po'''". LAD some other people been planted on
''e ROCKY shores o' New f,nGanh' 'hes might hafr
sum mo ,l' c"ho'.i"n 81 obscure iish'lhen' per
n'PS u nan savage iehhSo Pnae' Instead al 'hhen
''e' as ih'y lave done, III men fganilc increase
,r, ~ VI oi,'ct"N' H9h y, ''''s AN comment
-. 49, -, - ''''' -
w., va :, ''''''','' tn' ""t mo
oea. ''"" ,3"i "'"' ,''' u' '.',n
s,i, ,,,,,',, w., H. h L. w.
raliry and n,all,rcnc ,,,,acl v,,h ,c s,,,,,,
proven cnt, projected by equal laws. lnil Of conf.
dence IN n futulc which die peculiar circumstances
OF our most happy situation could not fad to mllc
better than the rast-it * tLcsc hirh ou,ics these
distinguished pry,lcrcs chat have constituted the
capfaI of pcr plr iha had harfll, an, other q, IN
al I,avp Ia Ia, ,,,,,.
Of credit the abundant (,nits of few wears of we'll
directed industry We 1--we upon the rcsou,ccs Of
10 morrow becausc they are src 10 be hcttor HAN
those OF to- day. This Is the magic under which a
new and fertile conn,ry starts m. almost Instantly
into life and bcout,. Eailure and disapno,p,,ncn,
arc no, in our vocabulary. and tbouel, ihcy some
tunes occur they are co1naral,clv so ,,re o,n,,ls,
the dayZliur snccesscs o1 thc p,c1i noto,,tv of al
vrnturcrs IN our wonderful career of ,mpoycmcn,
as to be scarcely worth ,aInn INTO the account, ono
ofIhc mos, extraordinary examines of ILc conGlc,ro
which all these cicums,anccs have ,nabl,d
and disposed ms 10 ,epose IN each Other ,s AZ
has brcn remarked Iv onc q, our vr,,,,s ,I,o ,,
rl /, or a u,n,tls b,Iitn,lrv ojycr h, ,,r, h. ~,
the Atlantic Giles 10 these If The Ifallor n dr.
toncc of 10 ar ,Oo ,niloe whom fl,,v a., ,,ot 600,
to sec before ,bc cxnnation Of that lonr ne,oL an
ancL easy terms ne tbc hest cvi,lcncc al ,h oc,,I
nv and ;ntoa,,,, - ,I,,,, ,,s,,,,,c, l,i,
,.,,,,o, ,,.. lead Ia occ,si,n,I cv,,sscs .,d 60,
co,,fss ,lryo = lin j., II s MUM, c,,,fdcnce
,i,, ,,et,,di,., an clss's9 ~ saoi, , ,l,ts RI
,I crn,,y - I'm ~ L,L ,,',y ,' -"
l,,,,,5,y Gf l,,Io,l ',,7 s,, -, ~,
siF) - - i " 10 Nv -
ueneiy =" IoH''"! '''' u A. 1t more $" "len
come To compare II WIN the habiis ahn CONDITION
oi Other nations, III tins paiiIculaf4 axe rance