Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1838-11-19

GEORGIA.-Gov. Gilmers Message is excel
lent State paper. 1t is almost exclusively confined
TO topics of State legislation. and urges with
,,rnestness upon the attention ofihe Legislature the
great interests of Internal Improvement and Popu-
lar Education.
Gov. Gilmer atvers to the continued refusal of
the Governor of Maine to surrender, upon his de-
mand, Messrs. Phbrook and KelIeram, citizens
Of Maine, charged with entcins away slaves hom
Georgia As the subject will shortly be presented
10 the Legislature of Maine, however, Gov. Glmer
recommends no action upon the subject until the de-
cision of that body shall be asccrlaned.
Gov Gilmer, we glad to see, is sound the
great question of the Currency, turning deaf ear
IN the specious fallacies OF Mr.. Calhoun. He
says:
Banks, when established uron proper prnci-
ples and compelled to act up TO their design. should
be sustained by the State as exceedingly valuable IN
srumcnts for adding 10 the wealth aud prosperity of
she community, blythe profitable employ which
they give industry and talents through the use of
their credit and capital the great advantages which
they afford Tor carrying on trade the means which
they furnish for developing the natural resources OF
the country, and constructing important works OF
internal Improvement; the stimulus which they
give to enterprise their tendency to enlarge the
ouaptjty of active caniia and render its distribution
convenient the people, fix the rate OF interest and
lessen the eXactons OF usuty.'
After going on to show to What extent, and in what
manner these institutions should be restricted by law
Gov. Gilmer advers to the Sub Treasury scheme and
sums up his objections in the following brief but
cogent terms which cannot fail To have great weight
in Georgia, as indeed they should have every
where:
ultimately connected with the subject Of Banks.
Is the policy proposed by the Administration of the
General Government, Of collecting public dues cx-
cusvey in gold and silver, and enrustng their safe
keeping, until required for expenditure, to ndivdu
ais instead Of Banks. The effect of these measures
If they had been adopted by Congress, would have
been to have added TO the cost of all goods. upon
which duties are paid increased the difficulty OF
purchasing public lands to every citizen, except
large capitalists and office holders: endangered 4, .
currency, by constantly Withdrawing from the Banks
the basis of their circulation lessened the safety OF
the keeping of the revenue added to the uncertain
ity and expense of transferring the public money
from the places Of collection to the places of
penditure and to have looked mp the public money
from the time Of collection until wanted for the pur
poses Of Government, instead of permitting add
to the circulating wealth of The country through the
mean of general deposltes in the Banks Nor would
the country have been compensated for these uju
rlous consequences from the proposed measures, b,
any corresponding advantages. The divorce Of The
Government from the Banks could only have resu
ted in forming more intimate connection between It's
eer"icIarcs and the peoples money and increas
X ,te dependence of the officers of the Government
az !ublic contractors upon the President, by en-
arglng the profits of the spoils TO be divided among
them"