Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1839-12-05


From 1875. (oetoher,l 10 the present moment talr
has gned Tess Than Ten months IN period years
The law regncd from July. SIG, To the 10Th OF NAV
1897, and all the rest OF The time the Executive has
been sole Dictator Has one honest, intelligent
freeman in ten reflected upnn this fact that are are
Republic lcitboui he teien Of iate
But the Sub Treasury Inns been pfoposcd-that is,
after General Jackson had claimed that the Treasu-
~ belonged to the Executive, 10 the President aud
his subotdinates in office, his eyes and ams-hn
asked boldly, that the Legislative Department Con.
eressl should weld to the demand, 10 gre up 10
him aud his subs the custody and control 81 he public
Hon6V, by tatr rltat The Constitution remained
changed resting Il N Congress Without the law,
by usurpation and by use and abuse he had it al
ready but wished ms tto clearly confirmed and
tahlished by tdtp-bs the consent OF tho opposing.
checking, coordinate Department IN which the
trust had been sacredly teposed by the Constitu-
ton! Aud from that time 10 this, the contest has
been waging whether the President or Congress
shall prevail. His demand has been thrice rejected.
and YET his Sub Treasury Is and has been IN actual
operation by his mere power" Notwithstanding lhe
lamentations here aud elsewhere"
Like the first experiment. II exists without law :,
IL has failed already. before sanctioned by law 1t
as hgpocrledl the llst, III protesting aud pretend
ing 10 desre speeie currency; aud | venture In
predict that IT will be with the Secona-the Sub
Treasury-experlment that, MS soon rs IT is sane
TONED by law, II will be made 10 fail, To be
knoiniedee3 10 have failed that the law will be
blamed for Its failures, and II will be denounced and
alb lndoned What then! Ihcy have other alter
narisc9. The country, as yet knows of but three
The q States Bank has faded, or thcy say ii did .
lHt Pa Hank system has (ilrd and the Sob-rfea-
sufN stem has already failed IN their han1s, il the
drlalcauon OF neatly one hundred ub-1Ieasury
collectors, receivers and dlsbufsers. wfo have
Swaflwouted and the loss of more than millions
OF dollars IN the last lew wears, may be called fail
IRE; and the best system III the VII Of man to de
wise, would necessarily fail IL such hands aud how
any honest friend OF a Sub Treasury could think oi
trusting the present Dynasty with his lavorIte scheme
Of tinaace, cannot lnnglnc. But what then, when
all these ln There arc two alternatives yet; one
of which the President has had all the while
IN force and the other he my have been aim
ing at.
Many Of the friends Of the Administration have
openly avowed then support OF the President "Iight
OF wong" Uacrly and even violently opposed 10
the Sub Treasury, Che test measure OF the Admin
istraton) they yet arc the slaunch and stubborn ad
socaes 81 candidates ior office who profess to be the
friends and promoters oil What they deem u curse
To the county. and they and their success with no
less apparent good will aud good faith. than lhese
men to promote this, 10 them, oduus measure.
This class have rightly enough dcnomina'ed them
selves the " Sink ard swimmers" aud have also
been called by then qnandom brethren by the hand
name, which Iaunls Item either with The cowatdicc
ueachcry Of then course. " RettcaiIng Gonsctva-
ives" Now. what account fot this exlranrdua-
~, and, unless explained aud justified, certainly
immoral positions They tell us there are bul
three alternatives, thai two OF the three are cx-
plodcd, and the thrds the last le to be tried With
this fly Of an excuse. they have caught some honest
! Wing gudecpus. What else can We do say the
/ Fon Hill Wings DO not these gulls Of =" SIM.
aud swimmers know that there me Al least fire al
lernatives And have they not had ntimatIons IN
lme, that the Administration dofS not anil nerer d4
mean topasS Sab Treasury irM specte clause :
! Thai there is t0q,ib alrroat,ye-Hc TREASURY
: ~, u Ill, II, 4
already using and lannIlarlzng the minds Of the
people Did not the President clearly declare IN his
! last Message. that the Govetmen-thal is, the Tx
ecul,e, should be left 10 anks not, notwilh-
standing the deuunclalou OF Banks. IN its discre-
tion Has lac not lately bera using Banks again
| with Vengeance, in the n. \ oIk city elections
! VIII he dare 10 recommend again specie clau lo
| Sub Treasury VIII ms party in the next Con
grcss vote for such meashre Hhey VIII IaiH
Bur lastly, II they are not aniug AT nominal Sub
| Treasury for \ temporary triumph. then make IL
! fail, and then TO recommend Treasury Bank upon
! lis ruins have they sill not got their mn aefoa-
tiyc,-thai which hey have had Il! ao0g-thal un-
| der which they best thrive" HE system. No sgS-
! tenn I" That they will have al all events, without
the reign Of the law, aud that above all lhey prefer
Under any Of their systems, viii Executive powe,
and palronag be lealluy aggral dlzed but under
this - No Sgsicm-SyStcm,' IA the midst Of :" conlu-
sion worse couioundfd" disorder plled on ruin, viii
Ptuader and corruption thrlye most And II is from
! tins hcenlIouS " system no SYSTEM, gentlemen
which the Administration has pursued, is pursuing.
and will pursue. hat all oil these" Treasury traadS
have sprung up like Dragons teeth
1t is very easy, gentlemen. to prove the existence
of these frauds TO prove Tins from under the hand
aad seal of the Executive Departments themselves
but the remedy nowadays IS not SIMPLY to expose
tlem. doubt whether, from the great number al
Swiss in our land, they do multiply proseytcs to
The Spois pafty." by showing how great IL ,hc
reward ion every true knate whose principles
actly suited to place. show the effects only. Ia
deprecate the cause; andthe great # all oui
evils is, i" bad mfN IN poieer y
Bnr you have been llensed gentlemen, 10 add also
thaf am " he uacomPromtSing oPpoSer II Northern
sfcrttrctl' Wlh Southern rights"
Es 1Ue Of those catch htases by which knayes
afa tb9Gs tyfants, and lose who trust them are
| uade dupes. Mr.. Van Buren, as. par excel euce by
way OF recommendation to the South-that gener.
Gus and brave South. which ''never hunbugs, but
is always humbugged'--becn ,ulog zed to us Of the
sunny cline as q" the Northern man wnh Southern
principles" Nothing is more JesuuicaI, or more
fraudulent and false, net only as II respects the pc
culiar and delicate subject OF Abolition, 10 which il
alludes, but as 1t respects the Fety subject which
now absorbs all othefs-the great subject Of eom-
mefcia aud FIN neal regulation.
II there is one section Of the country more inter
esed than another in sound aud uniform currency,
IN steady prices, IN equal exchanges, and in n Sc Illed
state Of the money Inaket, 1t is The gieat erpottna
and non .imp0riiag South. She has the raw mater.
ais which must pay the foreign and domestic
debts at last, and winch The most affected, un-
der all changes, by livery hueualon. As her com
modltes are depressed, so the moneyed capital Of
the North is raised in value. Her cotton, nee to-
t1,i ,I,,tIi, 4