Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1840-05-18
EUROPEAN CORRESPONDENCE.

PARIS, APRIL ~, 1910.
The London Tines dwes, with much favor and
competency, upon Col Bentons speech against the
assumption OF the State debs. Surely, elaborate
speeches aud reports must have been supeifnous in
this case The notion device OF the European
bankers could not be seriously adopted by any A.
meflcan politician conveisant with our constitution
al law or sighted IN regard to the real interests
aud the practical Independence OF the States On the
23i OF last month, the journal dcS d. bats announced
the appearance OF the new American stocks-those
OF Ohio aud New lotk-as the principal event of
the week, on the Exchange, but expressed, ut the
same time, regret that the guaranty of the Union had
not been obtained for the several liabilities of all its
members. This expression was not polite. asked
Of tho Paris bankers concerned whether would
not be best to bring the French public acquainted.
through the journals, with the resources and cond-
lion oil Ohio and New York. He answered that
confidence Wasto be excited only by the tu,eIary
names OF European capitalists OF high credit and
widely known. The necessity OF this patronage
mortltes American pride. | am struck and s,atlfed
by the remark OF member of Congress, which The
Times quotes, that the States better able to sup
port their credit than most OF the European Govern
ments. have carefully collected the financial sta
slics OF nearly all those Governments and can a(-
firm with confidence, fiom comparison, that the
plight OF each much worse than any American;
that our National Governments, and every State Co
vernment, 10 the by polhes OF proper OF means
ought TO inspire more general and sanguine trust
President an Buren, was, no doubt, far from an
ticpaling the use which has been made in Great
BiIain OF this sentence of his last Message "Noth-
ing can compensate People for dependence on
others ior the bread they eat" The advocates OF
the Com laws seized upon it eagerly. have seen
quoted on their side, with sort of Triumph in
speeches al then public meetings and some of their
Pen'ions TO Parliament; and you may remark. in the
proceedings oithe House OF Lords on The 3lst nit
"heh the question was introduced, that the Duke of
Richmond said The great object of the Corn laws
rs, that the nation shall he independent Of any other
country Tor bread. refer a noble friend who urges
the repeal TO the speech OF the President of Amer
ga lhIs reference produced loud C les OF hear
hear IL nations would deal with each ether as do
the baker and his customer, Mr.. Van Buren's pro-
position would moi be quite axiom. But inter
national relations involve, commonly OF bro
pcnsities Of quarrel which vary and complcate the
u.atter.
Since, for some years, ! have contemplated Ameri-
can aiidrs and dispositions from this side Of the At
lantIe with those Of Europe Immediately under my
eye and study, incline more to The doctrine Cf in.
dependence on other scores rs well as that Of bread
We are mirtd up wnh Great Britain inordinately
Let us remain IN amity aud trade with her as long as
possible, essential nghts and interests being preser.
'ed; but let constant, anxious, suspicious heed be
gwen to her armament the nature and distribution
oi hef FORCES and various pre- paraons het preten-
Sons hef modes oi commencing and pursuing hos
htIs, ana The des gns aud labofs Of her Abolition
aud Protecting Societies NJ ark the present text of
me oracIes and journals of all the Blush parties
= Nha'eter war we make, ought TO be made with
the whote ardilabte pocer Of The State nut forth at
once
The committee OF the French Chsmber Of Peers has
noi yet reported upon the Tobacco monopoly hill LIE
Constitutional OF the 5h instant has edI oia art-
Gle GA the subject, which bears Gicia
complex Oh. II states thh the culture OF The Article