Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1840-01-06

yer. eltsr whist ihr Banks are paving specie, ii
whist they for Il the Banks pay spreie th'
officers will themselves preief iheir notes /; and
the, do MT. those officers MT entitled The
exclusive privilege" offeceniog gold and sistr
while ''hetr nastersh tgonJ. easy souls J com
PEELED TO receive notes nothing
The President adulges. at great length in the
slang which we rhoneh contemplate enough wien
II WAS confined Ia The editorial columns of the
Globr, and 10 which dignity force Is added
BY its Incorporation into the Message, about the
forogn influence, which is exetted throuehsthe IN
slinmeoialiiy Of the Banking sts Thai nAa
enee as is shown by The reasoning uf The Pies,drnt
liiHself. Is nothing mo,e nor less than the control
winch the creditor must always Of Necessary exetl
over the deblor and ii would be felt just pow
elfally if there Bank IN existence AZ II is
now Its prejndicial operation was less deIeie'ions.
II is true, when We had National Bank than it is
now, because Of lie agency ofrha Bank in equaI'z-
Og exchanges both domestic and farclgn. But
can never be eoiiroly obsaitd SO long rs we buy
from foreign nations more Than they buy lrom US.
aud as long as The imports into The Unned STATES
are eentialz.d al any gwen point. To which the 9th
or sections habituay result 10 obtain lhcr supplies
Of foreign enmuodnirs. This portion of Mr. Van
! Buten's Message. indeed. is most powerful argu.
'nent IN fator ofhe InD, since, II proves any
tlline. It shows lhaiw ought 10 make within our
selves as Ear rs possible, every article Inch
snine-at least that ought never pure ase iron
oiher nations more than those NATIONS pniehise
! from rs. Whenever do this, become their
debtors, find we subject ourselves In that influence
thc effects Of which Mr.. V. Buren, affects SO much
10 dread. When the ra,T question is re-oprned.
land "o are told is 10 be,) do perceive how
the President and those who endorse hs sentiment
in this parrcu lar evade the force Of his argu
ment; for il il be sound The Tariff GU lat 1T once T.,
be re enacted, Is Nh Van Buren, going back again
to the opinions which lie held. when lie voted for the
Tariff Of 1928 =! Aud are Mr. Calhoun and his
friends won over TO The Proclanalionst y these
yiewsl
The President gives another stab 10 abe L. S.
Bank-rhe "dead Percy" stabbed by the valiant
Falsian We marvel. however. that. in grave Of
fetal document If tins character, the Chiel Ma.
gslfatc OF the Union should have condcscended To
the reeration Of the talselloods of his pariiz,ns-
declaring, for example. that the charter granted to
the U. S. Bank ethcncd" that Institution -
Such u remark IS certainty dcrogatory To The Prcsi,
!
II is not less serious mpnrarion upon his verncy.
The professions Of economy aud regard for
Republican " Simplicity property scattered
through the Message. are, as Ilamr, says ''Words,
words, words" and nothing mote Taken in con.
n-ollon with The past tro1eae cxre cultures Of his
admnistr and wlih the recnnme nd atiuns of
hIs Secretaries Al the opening Of the PRESENT Con-
gtess, hey deserve notice illustration If the
exten. 10 which hypocrisy darts show its brazpu
front. We shall have occasion hereafter 10 advert
to this sub ect again, when We haze to refer To
the grand scheme of Mr.. Secretary Poitsett. pro-
posing 10 Keep in he pa, of the general government
heo hun2rcd housdnd militia, TO constitute the ne
cens Of e,and standing army. in violation Of fun
damenial canon of The Republican faith.
Perhaps the mosI ol eiionahIe phrase Of the Mes
save is that in which lie President declares lar The
Erecatre us component part Of The Legislative
potecf.' We aware That the ''i!hIsrlous piede-
cessoi" acted upon ihis idea. bur il is the ii
that The doctrine, which sof .r from hciue
tue. is totally at war with The genius ofour nsIitu
Mons. asserted IN many words. Tie Ex-
ecni,seIs no more pant Of the Legislative Than II
is OF the Judicial power Each of Them is declared, by
the constitution i,se1, 10 be distinct fum, & mlpen.
dent Of the others. But the barriers erected By The
constitution betn cen them. have been. We are aware
long since, practically Broken down, aud ii perhaps
only shows the progressive steps by which the pub
lie mind is prepared for uSurpaton. that tins new
largemcnt Of The Executive power has never before
been specifically pioc laimed. When Gen. Ja,kso
declared hs Willingness 10 furnish the prtjet Of such
a National Batk as he could applo,s-whtn he re-.
moved the public none, from The L. S. Bauk, avow.
eddy in he teeth ol law and knowingly 50. as other.
wise there could have b, en- meaning in his de-.
clar1tIon. thai lie took the responsibility '-when
lie ISSUED Tie Cabinet ManiesIo-mhen Ire sent his
! Protest 10 The Scuae-whcn, through hls insnn-
! hts, lie tffre,sd Tie obcralion OF The Journals
! of the Senale--when he poekccd The law repeating
the Specie CncnlM,-he declared. 10 all mtrns aud
purposes, not emily that the Executive YVES n CON.
ponent pat OF the Legislative ro"ri" Lu, that the
Turner was paramount TO lie latic Mr. Van Blu
when lie ayOns the principle upon which Gen. jack
son acted. Gen. j.. hnwevrr. succeeded in imp, =
sing upon the people, by disclalm0s the power. E.
ven while lie exercised ii--lt remains In be seen
whether ITS open avowal will shock the ID smoeraiic
| Republican parry" For ohr own paris, We do uol
expect any such hing nor indeed, should we look
ioru even were he 10 step farther, and abolish,
by an Executive decree, the Legislative pow eli alto.
sether.
| The President saws moi hing about State Ripits-