Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1840-04-06


hons OF dollars Ia the last few years may be called
a failure anil the best system in The W.T. Of maa Ia
devise, would necessarily fail IN such hands and
how auH horst friend of Sub Treasury rould
think OF trusting the present dynasty with bs favor
lie scheme OF finance. cannot imagine. But what
hen, WHEN all hese fail : There are two alletna
tlsesyrt enc Of VIII eh the President has had all
! the while IN force, and the uthcr lie may have been
Al ming at
They tell us there arr but ,lreu alternatives !,
thai two The three exploded. and the thlrd Is
the last lrf Ia he tiled. Wh tins 0y at an excuse.
thes have caught snmc honest Wing gnder,ns.- -
What else eau We do 7 say the Fon iliIl WhIgs.
DO not these gus f'snkers aud swimmers know
that there at leasl IRE alternatives J Aud have
they not had ntmstions IN time that the Admins
italion does not, and never. did, passn Sub
Treasury with specie clause That there is
fourth alteinave-lhe Tteasnry bank system, to
| which the Treasury note bills are already using
aud fa,nllafiane the minds fIhe People Did not
the President CLEARLY declare, IN his ST Message.
thai thu Governmeni-tal Is, the Exeeu i've, should
be- lei 10 nse banks OF not, notaAhsl the Dr.
nuneiaton Of banks, IN It's discretion Has he
etel, been using banks again. wiih vengeance. IN
the New York cry elections! VIII he dars to
commend gain u specie clause Sab ffessuryi VIII
his ppny 10 the next Congress vote for sucla ma.
sure II they will, VIII But Lastly. # they are
not a,mlny NJ nominal Snb-Iteasnty fora tempo
raty Triumph. then 10 make II i,,l and ihen ioleco
mend Treasury bank upon ns ruins. have they
have had all aioug--,hat nnd'r which ,hey hes,
Ihlse-the system. 'uo system = That they VIII
have NJ all events without The reign oil The H. aud
that, above all, they prefer. Uudet any oi then
systems viii Executive power aud palranagc be-
lrarlully aggfandlzcd; but under this no system
s,srn,' IA the midst ol confusion wllose cnnitund
ed, disorder piled ON ruin, will pupder aud eortup-
ton thrive aostl And II ~ from the lirenous sys.
ten 'sys'cm system, eentlenlcn, which tho Al,
mnsl,arion has pursued, IL pursuing and will pur-
..I .h
up like Dragons teelh !"
On the lib INST. ! Took occasion to speak 10 YOU
on iissubjeel again. through the llnusc. aud give
you The tepot oilhe ln,cllpenoer Of tho 10Th inst.
which by the bye, ! must say Is yciy imperfect
sketch Of what ! did say, aud was never reviewed
OF corrected by me, bnt Is sufficient for my present
purposes;
"Mr. Wise then proceeded to make some remarks.
OF which lhr Reporter gives only 10 much M he
thought he heard with certainty NOT interiertng with
other parts, MI w. said II was NOW the eleventh
Of March aud 10 matter what might be the reason
Tor The fact, was the fact that whilst the country
was IN an unexnmpled state uf dcpfession--whllst
every iimb OF almost every map, wonnu, AMI child
IN the Land was para,Zed by oprtesslon--"lnlu u
~hole nation cr,ing oLt Tor relief, the Commit.
tee Of Ways and Means. Composed oi The ilcnds II
the Administration -organl1ei as the Excculivr
comniIlec,) without any reason which oughi 10 have
weight. had not even considered this great panpccn,
as u was said Ia be- Tor all the ,lliheues IN winch
bill that might have been SpitroctcI IL the Execn.
tive chamber. aud thai had passed The Senate, was
the bill 10 be considered here. The Senate, by
custom, (aod soon, he supposed, would be BY pfe-
rogaive) originated every thm2--almosi The irvc-
nue. bills themselves. Had there bcena solitary mo-
ton made TO consider hr subject either by refer
cuee 10 the Comtaiitee of Ways aud Means, 10
the COMMITTEE OF HE Whole the State OF the u.
mon, or in this House Not one SO far rs he
knew.
MIR. w, after ollpdog to the recent proceedings
in The New Jersey election, proceeded 10 sny--You
arc organized you have oow your House OF
Representatives, lawfully or unlanlully secured.
Now use Your strength This day, the day alter
YOU are organic d, call upon you Il" IT, | say
10 the gentleman from, New York, (Mr. WANDER
roEL,) and am glad TO have opportunity oi say
ing the same 10 my eons',Aeo's' b,eanse lenarhs
stood. dare he Administration to give us the Sub
Treasury Sub Treasury which they piotesscd +
propose Which will divoree the hanks from the
State. Give rs your specie Sub Iffasniy-yGnr
gold and slve, bill and. # you will vote tor II will
FOR II. Your professions have been ht pnefitl
,a from the beginning. You n,vct Intended wha I
YOU protested Ia Give In the Propr--a hard notcy /
Illl--the immediate calrcriun al your revenue Il ON
auds aud customs IN gold aLd silver and your nm
mediate Disbursements ~ gold and syen Civ it
% us. Dow u with the banks, you dare. dare.
would almost have my neht arm plecrd IN The !
lanes and suffer bodily torture, sooner tban would
urtute my constituents IN the mtuner N which THAI
llil would torture Them and the nhole uatnn. ! I
- ond not do this If thought YOU would meet me
b 4 YOU will not The Senate bill contains not the /
Which you have recommended. +
Gentlemen may hector and boast. Extrdfte tins /
neasnrc--gve IL 10 the couuuy-aud II" viii MOI br u
Sub Treasury. 1t will be what many weaker men /
han the gentleman from Vermnnt (Mr. EvrUErrl +
ran demonsrratrt he any thug but Sub Ifeasu'
~. You will give us Government bauk ii payer
cuiieney-a Government paper issue--eheeks. drafts
-ao, dung bn gold and silver. ] say. Therefore,
never expect 10 vote for u Sub. Treasury"
NV, would ak III This kind OF support can be
called The backing of its friends what sou OF opposl'
non ought we 10 expect from It's enemies !" My
support ola Suh-Treasury ~ somctllmg, nrelhuhs.
ike ccnsu kind Of compliment, y'clep, IN home
~ phrase. back handed" But. # What ] have
quoted needs ex lanalion, will proceed to be more
explicit.
cant by all this TO say that ,he President aud
the leaders of his patty political hspoGiirs slll
hey make the same professions now which they
did IN IS3J-"Dvotce Of Government nom banks.
aud the immediate collection safe-k, epinp, aud dis
bursement of the public revenue, by lhe hands OF
Government officers, in specie" This is tie tue
definition OF u bona fde Subgfeasuty, such as they
profess to recommend 10 The honest anli-bauk, siict
consu cionlsis. particularly Of The Soplh. And tis
measure, thusd fined. is precisely what they never
intended. aud will never pass MIC "a law. To Prove
thelr hypocrisy again as IN 1885, have challenged
Ihem IN my place. 10 vote upon such proposition.
aud dared 10 pledge II my support, IN perfect couh-
deuce thai was safe N making pledge winch they
will never call IN rede, NJ pledge winch. II
had no, been would never compel me 10 vote
tor Suh-Treasuiy bill IN any form. wonli never
ala, I l.,,,,