Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1838-04-26


elsrs. until such tern shalt have expired
creuii Superior Court shsii nod hsss been
arpoiels3 e. che prorer -iims. u shall be
lawful Tor the Judge ef the Sad Court %
make the appointa,sat IN vacation.
This sct snail DO 20 force from ne passage.
tsPredsesssor. We presume, 10 meant, bui
No have ioiis~si eoPy !
80 -
Much has been said relative TO let
ter from Secretary Woodbury.. wherein
he declares :he settled policy Of the
Stale Department 10 be the promotion
Of resumption OF specie payments
It's rs q feather thrown upon The cur
rent. and does nothing more than ron
with IT. Some think !: contrary 20 the
avowed policy Of the Administrator
and sie ready 20 take il in good faith as
a pledge 10 aid the Banks. How is il
so 10 be regardedi Mr.. Woodbury.
says bis Department twill q 81 hereafter.
purchase specie beyond what may be
needed for immediate disbursement,
and in that way will neither hoard il
nor compete With others for is posses.
sion." Has il ever purchased more
specie than was needed for dis6uras-
isenti Has il ever uoARDED' The
proposition 10 issue $4,000. 600 more
Treasury notes tells ms "No"-".No.' .
Where is the change of policyi
Again, Mr.. w. says: ".9H We receive
in any tray. will Immediately be paid oct
again TO defray appropriations" And
has the Department ever done any tlsiag
else9 The same proposition 10 IN.
CREASE THE PUBLIC DEBT. tells vs. that
every dollar which has come into the
hands Of the Secretary was in requisi-
:ion by precious appropriation. Where
Is the rhange' What is the letter Of
Mr.. w. worth to the Banks,
And this letter is brandlshed before
the public eye as pledge to aid the
resumption u is nothing more than
pledge that the Department will con.
tinue TO do as il has done ito buv all
the specie accessory for disbursement.
We are surprised that the least import.
ance is attached TO II.
In this view OF The question. and We
feel assured OF its correctness, what
hopes have the Banks Of aid from the
Federal Executives None, we assert.
none; bat on the other hand thew have
much to fear. When we look TO Con-
grrss, all is dark-i,s prospective &C.
ton is as the sealed book OF fate.
There is no hope for the Banks Of
Governmental aid ut present; and they
must, we repeat, look TO their own re-
sources and the relative value Of the
Domestic Exchanges. These plainly
indicate the imposs;biliiy of maintain
lug specie payments were they resum-
ed. A failure in an attempt to resume.
would be blow very possibly fatal to
the Banking system OF the land; and
an event which would be hailed with
6endish JOY by its enemies.
a partial resumption would be feast
and rejoicing TO the Brokers and Money
Spectators. All Merchants can see
the evil consequences Of such resump-
ton; which we have not room now 10
speak Of
Agriculture must contribute her aid.
We have no National Bank-and all
hopes of the efficient. and cqualising
aid Of such an institution, at this time,
are cut off, We must be patient-the
people must by prudence conquer those
difficulties which the Government
charges them with having brought upon
themselves. and which they are told 10
get rid Of as they can. We must Az al,
the gradual course Of nature. In the
words Of the Philadelphia Gazette, if
COTTON, like Jonah'S gourd, could be
grown in a day-lhe wheat which was
yesterday springing in the tender green
Of the furrow, be to-day made by some
magic OF the husbandmAn TO roll in the
golden waves Of the harvest. feld-the
hocks just shorn be deemed precocious.
ly ready for another shearing," we
might talk Of resuming Tomorrow
But neither the clamor Of enthusiasts,
the speculations Of yisionarics, nor the
defamation Of the psrlizan. can change
the course Of natuIe.-Rieh. Compiler.
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