Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1840-03-23


connection with Popular Rights, a h,p.,,i,, -
''ss'' II there be any exceptions tle, onl, mo-,
the rule. F''''
Another exe"pfcaon of the sort of ao,e,io,
entertained for the dear people, Gy The I.oeo "a.
cos Is TO be iound Ia the rejection by the Sen,,e
oi bill passed by the House OF Delesafcs ao,,..;
ENG tor the period of one year. tho issue IF an.
anu Two dollar notes by The Banks, IN condition
however that even during the period Of tie snspen
sion ol specie payments, they shall be redeemabDe
IN Speoie) What objection thele ean be n This
measure ! cannot divine. The osten,ibe reason
III It's rejection thai it will expe spc, lie from The
e'a"ee's Of circulation. Thai would certainly bea
very t'aus Die pelcx', il those channels were. or
could possibly be, under the circumstances. filled
WIN specie. But imagine that as few of The
H87f drops will be faund therein as are now 0owlno
nP'he Mississippi shining through tie m,ersti-
eos ID our tuners green silk purses. of which Sen.
ator Benton ere"hile diseonrsed poeAcallg. The
true question is hoe shall The diminished circulation
sYee'e be supplied? Or rather, Is il 10 be sup
Piled al all! 1.-THE Banks ave riust PERMISSION 10
issue small notes. ii is evident that the people-
The dea peope'-niust be hatass'd and perplex.
Of iher daily business. Aud il Is equally clear thai
this h'rassment ad loss will fall principally upon
the small dealer and ay-iabutcr--the productive
classes e society-wlo do not deal in fqicS and
haadfcdS, but whose CHI concern is nlh the small
Ter denomination oi notes those very classes whom
strange to say, the Loco Focos lave taken under
theif especial protection, and by whose votes they
nave been Icfaned IN power, and enabled 10 ptfpe-
tate this attack upon their business, and To levy
tins tax, or such it is, upon their industry and their
lhlle capital! The only means ly Which This evil
Is IL he niealed, torit cannot be pr,yentcd,) will
be, by the Inrod. cuon from the border States Of
Maryland, Month Carolina, Ohio, dc. Of the small
nocs OF Ter Banks, OF by the lssne oil individual
shin.llasters-m both cases violation oil law, and
operating TO depreeiate the eurrency,--io prevent
Tie last named ol winch consequences is protcSsedig
one olthe leading motives OF the opponents Of tie
bill which passed the House ! la one nold, the r.
Jscton Of the bill authorizing the emission Of smlll
notes mag operate mschlcypusly, while il cannot be
productive Of single beneficial result. Ga The 9th
othcr hand its passage le0uid have contributed ma
teriay 10th to the convenience AID the interest The
people, and could MT, by possibility, have augmeu-
ted existing evils gwen blrth 10 new ones YET
the Senate, the arisoeratiea blaneh by Loco
Fnco majority, defeated The action OF the House of
Delegates the popular branch Of the Legislature, in
tins measure ol rchrl! The rationale OF HE hole
matter is this: The Why's, uncommled TO thco.
rles aud 5. stems, tested or untred, disposed 10
lcgislate practtrdHy-that Is TO pass such Laws as
ale demanded by the interests AID the wishes ofthe
peoPlr;-"hlle on thn other hand, the Loco Fo-
cos welded 10 a certain theory, aud having thrown
termued 10 stand by them, though, in doing so, they
not only distress, bu, ruiu the PEOPLE. NJ displs-
slouae and uuptejudiced observer Of events can
doubt tbs. Every days experience conG.ns my
mind. at Last. IN tue truth Of the obscrvation-
They resemble hose theorists aud speculative phil
osophels, q whom history furnishes many signal
examples, who lave rulnrd themselves aud all who
conGded in llcir promises by chasing gided but
tel es and erasping golden bubbles--whlch, though
teautiiul 10 The sight vanished into ar as they were
approached or touched! The question which the
people mus, soon once for all dccd,, (may Hey
decide 1t wisely y is this: whether they vail prefer
pretty premises, aud YrCSsice measures, OF that
practical adaptation oil means to enis, which is Of the
essence OF Wing principles. They are, ! hope, too
saeaclous 10 be dcluded by ending professions
and never-teaIized promises, in preference to rhe
substantial and uniformly beneficial resalts of
Wings ascenddncy. Compare Loco Foco Penusyl-
sanla with Wing New York, and the contrast is
silorg CROUCH without the aid of words to present
II in boldi recf-lhe one as dark as Erebus; the
other lighted up with noon day spIendor