Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1840-07-09
aULL-rRAPs FOR THE SIMPLE.

We cut the following article from one
OF the Federal Destructive papers, after
having noticed that it was gong the whole
round OF the journals pensioned by
the Administration. We give il. caption
and all. with the express view that the
people, one and all. should read and
compare, aud, after examining into the
causes, place the seal Of condemnation
where il righifUlly belongs.
READ AND COMPARE THE Commit
tee Of Ways and Means estimate the total losses
Of The Government 10 be-
BY hanks S3t,s73, 729
Treasury Department 6,l74,722
1--WE ask the honestly disposed " this plain Ia
bic does DOT prove the great wisdom Of the Go
vernmeni, in the attempt to separate its hscaI
concerns from the banks ?"
Before the spoilers aud plunderey Of
the public purse came into power We had
bank Of the United States. which era.
iuitously performed the dliies Of pension
agent throughout the whole country,
which DOW Is performed by Van Barren
officers. and costs the people thousands
Of dollars annually bsnk sfordiuR. as
every man OF business knows and feels,
the best currency The world ever beheld,
and which diSbursed hundreds Of millions
OF the public money. without the loss Of
single cent 10 the people Of The Govern.
meni.
To secure power 10 the miserable erea-
lures who now WELD IL, 10 the deIumeut
OF ell the various branches Of ;ndusiry
throughout The land, il was deemed es.
sentisl 10 secure the influence Of the mo
ney power, and indirect oveItures were
accordingly made 20 the United States
Bank 20 that end--io permit itself TO be
used % political engine. The Bank
spurped the proposition with indignation.
Hence arose the Wsr agsinsl that sns,ita.
ii5a, unh! lhe Admiaisrai,on fifsi fsmov.
ed the Publie dsP0sIles. snd Al length
succeeded 10 putting It down; and from
that period 10 The present.. We have been
afflicted With dersnged currency.
10 OH The space occupied by The pros
irate Bank Of The Unned sistes. With a
capital Of 30 0OO, 600, zone four or Rvs
hundred new banks we're established IN Va
nons sections Of the e0nnsry, with . nom
inal capital Of over en- huadrfd siMoss Of
agffgFs (,adepshdeat ~ ihe Increased e.
Pital Of the old United States Bank, ehsr.
tsfedhs aSiale insiiirtionl vifboaf adiiag
a sisgis doiiss 70 As real sspilsf Of a.
couafrt.
These bsnks. IL IL true. ere termed By ne
desiFueiives "vhig banks bot that par.
" bad not The politiesl ascshdsney IN
Maige, New Hampshire. New Yogk.
Pennsylssais. Vifeiuis Obio, Tennssses
Illinois, Alabams. biississi2pi. Louisiana.
Missouri, Miehigan. sc. where ne 9real
nso'iiy q ihese insiiintions spraAx ~
hke mashToomsi aad unless The order II
legislsiioh has been inveuisd % aslo 81.
hbia ne Hiaoyiig 10 rule. the rssesosibss
~ cannot resi- upoa The iFhies.
The dePosiis', fsmosed ffaln ske usil
zee States Bshk. seFs placed in ihs STATE
insiiiuiiona under iha sdeeryisian ~ Ken.
aail aad iho thea Secret % lhs Trss.
spfy The inslfument By etich lbs Goa.
spifaey 80 eoasummsls gave publie I
a.eHranee thst ihote iasiiiaiioas uoaidfnF. /
siqe "tfiisr 80 asfs enfforu e.gyfa-
q ftas f8siefsts paRsS siaiss Baat'' /
tasn We hs4 be sad bargaiosl os sbasss !