Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1841-08-16
,.yNCuErHG. August 10. 1871.
THE SUB TREASURY REPEALED.
The AdsfraoGonisis in u Dilemma


On Monday last, Tile second Declaration of In
Dependence" as the SubTreasu,y bill VAS called,
alter lis Executive adoption, by many, who, when
II was an object of Executive loathng, denounced II
As the Red Ilarlol oil Bah, on,-ree,yed It's auletus,
by the decisive vote oi ia to 81. Condemned by
the people. the voice Of iheir Representatives, 1n-
awed by power aud unconupted by patronage, has
assigned it TO The 'tonb OF the Capulels"-never,
- aopc, to know a resurrection. Under the spe-
clous preirxt OF dlssnlving the connection between
Bauh aud STATE, the Sui Treasury bill only render
cd thai union moie perfect and euilre by transfer
rug virtually the Gus ody and coniol Of the puohc
money l,om the hands oil Congress, where the CON
sliiui,"n had placed II, 10 the hands ol the Ifesi>
dent, from which The constitution expressly with
holds ii. AUDI dating The short period OF us con
thu the staiuie-bouk, VIC ASK It's
uous advocate what good has II accomplished =
Has ensured the safety Of The public funds Let
the investigation, now going IN The OF lloyl,
the successor OF S~a,Iwout IN the New York
ton,-house, answer. Has 1t given hard money
currency Thus will not be pretended. Has e
onazed exchanges The tables OF discount assure
US of the contrary Has il in augh contributed TO
The national prosperity II 1t has, We unable
trace the evidences OF lis ben, lical effects. What.
then, are IT'S recommendation. Not ore. Rcoi,-
ed therefore, are, AT IFS repeal, because Of lis
total iuadequacy meet the wants ol the country,
because Of its entire failure 10 realize the eoidcn
predictions offs advocates,-aud because Of its LA
buy to become engine of Executive corruption
and despotsm,-we are still more relolced when
recollecl that its adoption was secured only by tie
dslrauchscment of State, and by palmng upon
the House, without investigation, seven gentlemen,
representatives If the people OF New jersey, who
bore accredited testimonials Of lhelr tile to seats
and by the expulsion. TO make room Tor them, of
others who carried with them the lega evidence
oftiiIe aud whose clains were afterwards sustained
by an immense majority Of the popular
We looked over the ayes and noes, with some anx-
e,y in o,der TO ascertain the course oil The AJshac-
noniStS-rhe men who oppose every thing, aud who
propose uothug-and we found thai Messrs. Cline,
and Mallory voted FOR The repeal, (lhereby, pre-.
sumo, of course, cutting themselves oftom all hope
Of support, by the Loco Focos, in their future aspl
faionsl Mr. Ilunlerv ted against ii, preserving his
consistency, having always been its advocate; while
Mr.. WISE, W ho used 10 deuounce II so vehenentIy,
was absent from ms post.t We beg leave TO
ask Messs. Gilmer aud Mallory, seeing thai
they have voted for The repeal OF The Sub Treasury
aud against NAH nal Bank, hat scheme they are
now prepared to recommend, in case Of a ve'o up
on the last named bill-the State Bank system, being
surIendered even by lis saunchest friends They
went 10 Washington, finding fiscal agent III opera
tion-an Inefficient and mIschevous one, we admit,
ana We infer from ther votes. aslhey believe also
They have voted lo its tepeaI-and, far as it de-
iends upon the action OF Congress, it is repealed
We that no man believes ms Sihlp IN
financial all,rs OF the government to be conducted
without fiscal az n, of some SOFT and surprising
tina, they likewise hold this opinion, we ask ,,em
'eidt scheme have they in the joint or separate
wisdom, concoced, to take the place Of that whic h
they have voted 10 destroy! If any, Why did they
moi throw ii before The House and the country, as
substitute for the Bank bill! If uoue, in what an
awkward dilemma do they present themselves to
Their constituents aud their country Are they
piattcal statesmen safe Legislators, who. finding
every scheme suggested by others, evils out
weighing its advantages, or who are met at ey-
cry step by constitutional scrupes. which, il
felt by all, would stop tie wheels OF govern
ment in forty eight hours, are yet themselves una
bic to devise plan which shall be exemp, from the
objections constitutional and otherwise, which hry
urge IN opposition 10 all othels! 1t seems tl,a,
gentlemen occupying lhem Pecatiar position, are
bound To show thai they have IN reserve aIr jet
which, while viii be ticienl ia The administration
of Tie government, will tot be liable he oh ecuns
which have induced tn IN 10 vote for the repeal Of
system, already existence, and for the lection Of
another, which, yet, The only substitute proposed
ior that which they have repud ,artd. Unless they
do this, their constituents will be very apt 10 enquire
into their capacity TO serve them aud ,helr common
county, capacity winch be sltisfacto-
iy demo- straled, We imagine, by uniting in sue
cessul eiloIt den dish fabric Which although
unsafe and dangerous, shelters us from HE Storm.
without being prepared TO erect another when shall
be adequate TO tie wants of the country. The
Sub Treasury is repealed-the State Bank system
Is universally conceded 10 be out OF the question:
Now, suppose Mr.. ~ er following the example aud
advice OF the Absiractions's, shall veto the Bank
oi'-we put it to these gentlemen to say, what vii
DC the Condition oil the country-and what the ma
lure and extent ollhe responsibility which they " III
have Incurred 7 There will be but one mode TO
shelter themselves lr III public conie pit and execra-
hon, and that will be, hy proposing other plan
winch will avoid the ol jrctiuns urged by the
nous opponents Of the abolished and rejected sys-
tens lithey are llefarcd 10 submit such plan,
Tie county will, We have 40 doubt hail them, as