Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1840-10-06
NOTICES.

!, LIST Resolved. That IN the opinion Of The NIerch
nnts and Traders OF New York here assembled. m,
existing arrangement an the financial and commercial
affairs of the country may be directly ,riced "a
the measures Of the National Government
m lis experiments. bhndly commenced and reck.
lSssy prosecuted, with the ptouise Of introducing a
better currency; 10 the lamentable failure Of those es.
perrnrne; and to the catastrophe which compelled
the equalization of its legitimate powers. as tho only
excuse IA the people for Tho abandonment VI It's con.
SiItu1Onai responsibilities.
81. Resolved. That n mixed currency, partly INNER
and partly metallic. and the use Of credit. are essential
To the pros periy OF all commercial nations: and thai L,
these causes are due, IN no small degree. the rapid pro.
grcvs which this country has made. altogether une1am.
Piled ia the history VI mankind.
). Resolved. That the power to regulate the cur.
rency ~ granted hy The Constitution Of the u. States
to The g, neral Governments; and that this pawcr hay.
ing been recognized and exercised by successive al.
ninisirau' 'ns from thai Of General Washington 10 that
OF Genera Jackson. and confirmed by the supreme
Court Of the United States. its conslitutionality cannot
no v b. questioned or denied.
9TH. Rec Owed. That this recommendation 10 Con.
gres, IN a Pecial message. 10y Mr.. Van Buren,. to sub
Jecf all B1 King Interpretations to a National Bankrupt
Law. aud hereby To regulate the currency. il an I'D.
Mission Of q nc constituuonslity OF The power and Of the
duty Of Coz eminent to exercise IL.
5th. Res ked. That the Use OF the State Dcposite
Banks under a law passed during General Jackson's
Administration with "A protested view. among oihsr
things. of r. gulaiIng the currency OF the country, Is
also a direct admission of the duty Of Government IA
ihIs resp Ct.
Oh. I~,esorvcJ. That II is a most important duty i'm.
posed up M the Naronai Government. aud a finda.
mental - IN, iple derived from tho Constitution in the
use q thc ueceSary power. thai II shall go regulate
the cure ncy that At shall be safe. stable and unIf1rm;
rot Only ihere5y To secure the casy collection. sale
kceIang N ID convenient disbursement of the public
revenues. but IRON the vital necessity OF such curren.
oy. - thu pm SIerity Of manufactures. agri-
culture. IN. mechanics, arts. aud ia the daily iransac.
,iOus OF liFo.
7h. 10 solved. That the Sub.Trra.ury scheme
tends 10 90 nc snIrsic tho whole money ppw,r in the
hands OF hui, } S,cuuve; and that At may be us,J. by
weak and WI he'd Executive, o. break down All
sound Banh ing lnsiiintsnuS, aud The commerce
ond trade of uny aud every part Of the country, at
IE- will.
9Th. Resolved That this scheme. 20 Gar from act
ing tavorably o" the currency. ia ineffective upon
such Banks ~ do not pay specie. while IL is directly
hostile 10 those q nj keep their engagements nyiolate;
snce II can viii draw no specie from those that do
NOT pay At add Il will withdraw and lock Up from
tIoso tdat do an amportaht portion of thai ON which
their stnbiliiy depends. and thus its action NAV
pave ruIaous 10 the commercial community. g.
pecialiy OF this cIiy. where a large porIIUn Ut the
pItAIc revenue Is Collected, and where a large sur
plus Nay accrue.
9n. Resolved. That this scheme. when in full one.
ration. will cause the expansions and conlracuons ui
the currency 20 much deprecated; since il will with.
draw or let loUse; according to the wants aud pleasure
oi The TJnsurv. large sums Of specie. and thus in
crease or lessen t.lo currency. mol merely TO the aaouni
OF such specie, but 10 the greater additional amount OF
aud contractions will be M 9si pcrniciuus. ps they will
not he depended upon or regulated by the laws nor
The course aud necessities of trade
l0Ih. Resolved, That tie %. ration OF Inc Sub-Trea-
suy M this CITY and in other large places. 50 lar rs We
ere informed. does not nj oil produce the immediate Ell
ioc's Proposed by IL; thaIi does not make the boosted
separation Of Bank aud Stale, but that he funds OF the
Government are in fact as mach mixed up Siit. The
funds OF The Banks as they wsro under the State De-
po-ts Sys.em.
rs the voluntary oct ofthe pany in power. bu, as die.
lated by the Executive, and &c -ced upon Congress bv
pury influence; and. though put forth on all occasions
as ueir sole sPparent bond Of union. we believe thai
party ioLa'e no confidence m IL; for they have never
ventired % rccommend iIs ~ndopusn. Riuch less actual
" To adopt il, Tor the fiscal concerns of any State neub.
er where the currency Is redecIna bic in specie. or even
where 1t lie irrcdeemable; and ia VirRinin. nj the time |
acting with the Administration. ihe collection md dis
bursemeni Of tho State Taxes in the irredeemabIe cur.
roncy of the Stale, has been, Oh the contrary, express.
ly sanctioned by Law.
l2sh. Resolved. That we repel with Indignation
The charge made by the agents ofihe Federal Executive
that American Merchants have imported British Gold
10 influence The coming election; a charge without the
sem6lance Of truth. and which It's authors know 10 be
utterly falsei that it is equally sIanderuus with Mr.
Van BureI's lnnnusiions that his fellow-cIiizens Of This
State had been Improperly md unduly operaied upon
OF a former election. when he spread before the world.
IN his Message 10 Congress-. his belieE-"That the re.
sult had been greatly Influenced by the peculiar con. |
diton Of the vast banking interest. It's direct conn.c.
lion with the then pending elections, aud the feelings |
I wns calcullted To iniuse into the canyaSs"-and
MAT II IL made with reckless reconsideration. seeing
that Mr. Van Burens instructions TO cur Minister nm
England TO urge upon that Court. that the Adminisira.
ton then existing. vas more favorable - Great Britain
than the one which preceded, presented the first in
stance IN our diplomacy in which is Government truck
led 20 n foreign power.
l3h. Resolved. Thai the Merchants and Traders
OF New York. continue an unabaied and hearty oppo.
sitiun To the present ACKNOWLEDGEMENTS its war upon
State Crcdii-iO its Sub TTeasury-to its financial
schemes-to its conduit Of the Florida War To IFS
plan iot m Unconstitutional Standing kmy-to lis
increase Of raronsge--,o Us fearful prescription for
opiurnn's sake-to its squnndeTing Of the public reve.
nuc-to It's deiaullinG agcnis4- 10 lis attempt 10 nrray
the poor against the rTch--to its encouragement given
to the avowers Of sgrarian aud other Disappointing
docInncs--io It's reduction Of the price Of hbor--lo is |
neglect Of the currency-and finally to is general in.
competency at home and abroad; and we. therefore, |
I pledge ourselves TO use every honorable etesion 10 So.
cure tie election nc WILLIAM HENRY HARRISON
and JOHN TYLER, as President and Vice President
Of these United States.
II. Resolved, That we cordially respond to the u.
nnnimOus nomination of those tried servants Of the
people, WILLIAM III. SEWARD and LUTHER
BRADISH, and that we viii contribute by our siren.
uous efforts 10 their reelection, and are confident of
an overwhelming majority. And
18th. Whereas, during The Administration Of wa,h.
ingiou. Commerce was fo-tercd and protected, the rights
Of property caIfully guarded, the currency wisely
regulated, and the foundations broadly laid Of Nation
al prosperity; aud. Whereas the Merchants and Trader.
of New York yield 10 none IN admiration Of his char.
acter, therefore
Resolved, That we look with Indignation and scorn
~ the attempts Of tho late and present Administrations