Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1839-08-08

Sound harims from Il strange quarter We
never look FOR correct opinions in the Globe but
that paper has recently bo,roweda Wing sentiment
or two, which leads hope either that the pin
cpes of the Wings are becoming populara at Court
OF that the President and his advisers begin TO see
that, as they popular with the people, ii is wise
TO affect them for the time.
After the reception the late news from England
the " New Era" one OF the Loco Foco organs in
New York, openly recommended " . run upon The
Banks tor specie7-and inGann,atoty handbiIls were
stuck the corners of streets, advising the same
course and some of the poorieows, alarmed at the
signs of The times, carried IN their | and dollar
bills, and received the ha,d money in exchange
But these laudable efforts the Radio al Revolution
lists. who. instead OF endeavorne to elevate them.
selves constantly struggling to drag others down
to Their own low level, failed 10 produce d panic
and the Globe Justly r,bukes its New Y,rk co.labofct
IN the following language:
We mortified to see any portion ofthe press
recommendiIg the banks.
= We object sull more 10 the exhoratious from
some protgale quarters, that the banks and mer-
chants should ship all their specie to England.
An attemptat any thing Of that hind would be sui
idal 10 them. Neither deposltors nor bill holders
only security FOR immediate payment torn from hem
and placed IN the hands OF foreigners.
!" On the Other hand, we earnestly bore, that
Wilde the banks make proper efforts discharge
their duties to their creditors here they will be ea-
ted with foibearancc and kindness
Any Other course will. in the end, prove as rl-
nous to The community nj large, especially the la
boring classes, as TO the banks.
at will moi only derange the currency, but unsete
The prices OF every thing, and make the poor and in
dnsrlous portion OF society constant prey to
sharks in the iurm of brokers and Spectators"
There is a spice Of humbuggery in this language,
to be sure; but il is so much better than we had any
right TO expect from that quadcr, that we quote it
indication Of unlocked for sanity.
The following is another extract (iom the Globe
The powe, Of the sword has always been sub
servlent 10 that OF the purse and he who pays best,
either IN wages or plunder will always find instru-
ments to aid him in subjugang his fellow creatures
Sotders UH bduones or roterS ctH ballots, IL IS all
The same: and. whether il be to overthrow the hber-
lies OF mankind by force, or undermine them by cor
ruptlon, money is the great and potent instrument in
modern times"
There is much ruth in the foregoing extract: and
hence /, is that oppose the Sub Treasury scheme
because we are unwilling to put the control of the
public money, The great and potent instrument In
modern times in the hands oil the President, to en-
able him 10 corrupt and undermine the public lber-
ties. All we marvel at is that men who can reason
so correctly, act so Inconsistency with their own
conclusions-that they who justly estimate the
power oflhe Purse and the Sword, should be so ca
ger TO unite them i'll the same hands which already
WELD over Public Opinion incalculabe influence
through the power of appointment and removal
We hope that the people will be led by the reason
n.s OF the Globe, to oppose the of mas
tiers.