The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1839-01-10
VIRGINIA.

| The Legislature assembled on Monday SrAF-
FORD II. PARKER, Esq. was reelected Speaker of the
Senate without opposition T. w. GnMER, Esq, of
Albemarle, was elected Speaker of the House with
| slight opposition.
The following we believe, is the condition of par
\ ties:
SENATE, 10 Whigs-ls Loco focos-4 Conserva-
/ tive Republicans.
| ASSEMBLY, 70 Whigs-3s Loco-focos-23 Conser-
vative Republicans.
| Aggregate of Wings and Conservatives in both
Houses ll0-Loco-focos, So, Majority of Wings
and Conservatives on joint ballot 81.
| Gov CampbelFs message isa manly and enlightened
document, worthy of the Republican Chief Magis-
tra,e OF the Old Dominion. We perceive that he
earnestly invokes the attention OF the Legislature 10
the subject Of the public domain, and takes the true
view Of that important question. The subjects Of
education and internal Improvements receive just
consideration ,.. W..
The Richmond Wing says: ..,.
The views of the Governor in relation to the Pub
lie Lands as comprehended them, fully met our
appreciation, and we think they must command the
approval of every citizen Of the State We, of Viz
GINA, have too long stood SILENT and ourselves
gradually stript by demagogues and unprncipled
politicians Of the rich heritage bequeahed us by our
ancestors. is time the system Of depreciation was
arrested 1t is time at least that the Legislature of
the Stale had exerted whatever influence it can, to
prevent the farther dissipation by the Federal auho-
rites OF that portion OF the public domain which
pertains justly TO this Commonwealth
The rebuke given to the authors and abettors of
the " revolutionary and dsorganizing" scheme of
the Sub-Treasury is just what we expected from
the Republican patriot at the head of that State which
Justly boasts of being the mother of such men as
WAsuINGroN JEFFERSON, MADISON and MONROE
His remarks upon subjects connected with the cur
rency evince practical and business knowledge, and
good sense, which shame the empires Of the day.
If our rulers here had one title Of the Governors
mind, we should hope for speedy restoration of the
Government to the Republican tack recommend
the following extract for the consideration of our
readers:
The effect of the innovation upon the financial
usages Of the Government proposed in the late SEES
sion of Congress, would most probably have been
TO postpone the period Of recovery from our lately
deranged currency. By creating facious demand
for specie, il would have contributed still more to
depreciate and dscred the circulation of the banks
while they in order provide for the increased liza
bilites to which the measure would have exposed
| them must have proceeded TO diminish their dis
counts more rapidly than would have been consis-
tent with the general interest
referred in my last annual conn. unicaton TO the
scheme for collecting and keeping the public money,
commonly, known as the sub Treasury and the opin-
ion which then held has been confirmed BY subSe-
uuent reflection and recent developments. | regret,
therefore 10 observe that it is again to be pressed on
the consideration Of Congress. H.
It is admitted to be an innovation on the hitherto
uniform financial usages Of the government 1t does
not appear to have been suggested by the recent dis
covery Of abuses or mischief in the system to which
the country has been so long accustomed, and under
which il has attained to large measure OF pros
perity 1t is not recommended by considerations OF
economy, the security Of the public money, or the
leSsening Of executive patronage. Nay, 1t is OBJ
noxious to the objection, that the expenses OF the
government would be threby increased, the public
money rendered less and the patronage OF the
Executive greatly augmented
When the public money is placed in Banks to the
credit Of the government IT'S agents. it is attended
by charge: and there is no other risk than the in
solvency of the corporations, which, with ordinary
circumspection, in selecting the repositories, II
risk at ALL is which our most prudent citizens
do not hesitate to incur in the management OF their
own affairs. On the other hand, public money in
the custody Of government agents must be always in
secure and severity of penal enactments against
defauteTs will be likely materially to diminish the
hazard IT, indeed in the selection of public agents,
| the appointing power was secure against misrepre-