Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1842-10-20

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Is1sl E1fi|Iti foI t.Il ee1A1<ns1t'
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SsiI. ~ ~ ~ eE&l y Ne te4e1li ms.
- rcd ~. 4, fsee|.4.I - 1a<s''sn ! a. tpsa.
Is AZ yoa. a11I 80 20 q - ~ g ~ etf..' +
eds i11ei1y. tllf.afr pep,'e eP.s'ea. .-..9 q
- ils nei,.s " Ce6fitss. espiaal neeii15,, eat
he pren - 8 istqsi - .fsHltaE >.,i,s = ~
lc~.ren1i.ns ~ tialif. c.3mplsnen1Inl i1Aee /
: - have uesgai1led fufeikp I5ans, who neFeF- /
fhels.s have net pnscipsily hsif dixi1epds i11i
81 an.,ed ac1ioa Ihe1 MAJ ln1scs ihe leszla-
tsfes u he sevrfsf isiet.td SAFES y impose,
hnd ne people % bar 1sfb taxes = shall pro-
vlts ne mean, % psyi6E lae letsfesi. .nt 9.
M sang sipkine l1nd fpf lls 6fadoal ernn:
foi,kmr6t " ~ f1inripal " her pabilc debf
Sanaoi bsIe4e hal these apfeals - 6lalG PRIDE
and Nationaf banor u1old be un1ral.ing. tto
- nat Jsy oat Of aecounl he afsumptloo q
rht s.ate debn 81 he Es1fs<l 0egelnafni. b.
ranst blian fsaf, 81 Us sHPtetalan we're held
cot. he delanliiog s:1les would d nntAias u
thtmsrlrtl. aid ne exRsnty has not JET afi1fn
uhfn snc6 anolefonl Responsibility oughktp b
azsumed b ne fsiio1al 0pstfnulsat, - unlus.
70 lh6se states ths sss fai4hiuhy paying heir
debs, and 10 Others wta hare perhaps been ial
wiser % lerbetr eonif1efing nny. plihonsh can
LNMLLltE = lAAH ~ AIAlA.N - = t-4-@N NN-s- -
sumption Is Z msasure q hpanee aad nauoaaI
policy light Be pminenilT e. pedsnl.
sm gfatIhed . iafofui Yen. amidst his con.
valsien In ne efedis 81 1Grefai ufthe Safes oar
own soaih Carolina "wesfG her beaver -
Sac Is never 10 nnt1r one aaY. and vel9 efien,
~ at this momept. 10 reference 10 The loan
j eonifacsed Tor hef,) has her ialeFesl six months
4 ia nesdnee 10 her bankers haads This j. not
sarrnstng. YUa kaos Il has been one Of uut
familiar and honsehold ieas ms 81 hpme. % sub-
NIT cheenafty Is lbs lnpasIlion u dTeei lazss,
90 support abe security ane honor Of our eehn-
ify. and hence by habit which we derived
from the buried "warlks and wiseT who have
made Us JNh6l We are. we pay or Stale Taxes
with ainpsl q much afacrty ~ We give money
20 our wives and chidren. Il the drfaultng
Glales would cniy praciiss lon this doctrine, The
smxlItes Imposition nouid produce an anouni
nbGatsally sufficient 10 les tsciIaie heir CREDIT.
Occupying ne position you DO. ! sincerely
hope. my dear III. mai your indaence through.
rot the Union VIII be btepght 70 bear % tins
great nafipnAl question. We ell know that cur
c0ahliymen are essentially honest. because they
are essentially ssgaciousa 4 well a., he main.
tighs-Rfincipled, pnd require nierely proper
direction 10 be given 10 their exeTiions 20 make
even "a heroic elfarl 20 recover and sustain the
character Of lhe cunnlry.
But, auxiliary % these eGsfls, something
more fenains 10 be done ~ yourself. Il s 10
leod vigorously The pdwers u your own genus.
and.the impulses " your own patriotism, ~ yosr
nppfonfisle FnheHe. the senate of The Uniipt
States, 10 create and establish 4 sound cireuIas
aiug medium throughout The y pisn. csavefrible
inio speeies but in sofieieni abundance 10 ele.,
xale The standard Of value from The diescfuf
depression 70 winch IL has fallen. and la fact 10
bs sdrqaale 10 perform The exchanges OF trade
end value il our county Whether this be
Bank of1he uhi.ed Ssaies. or a. issue Of D re-
sieemable cnftency BY me Federal Treasury. 10
not Of 50 much comparative impoHance, as that
We should have an abnndanl aud unil0fm cilcu-
finn from sume tenfee OF other, which, making
allowance for The variations 10 the balancs of
irs1e. shalt be u cQaal value 10 New Orleans
AMI Bosom
n a This cifculatien. Ia ths Ttcesses Of lha, imam
/, clal wisdom which Is past finding ont, was de-
tiroyed bv our filend General Jackson, when he
slew The Bank of The United states, with the
atm VI Ssmpscn, and almoss "wIlhihe seif-same
weapon. ton.r, when We tecs,ileci al The lEsdde
a lhu old gentleman on tslis subject He. a.
Butkt said, was certainly a"ednsummale aIchi.
iscl u Ruin" 10 his tine snd tide. and had Inc
happy faculty 81 imperspEattng corporAiioa
.'lR his mindS eyf,n 10: thy purpose Of haung !,
~ cordially nxhe once dis you and M P.IIn.'
siexIss. When, therefore, Mr.. Biddle entered
into contest with this hero 81 two wars, be for
Col The wisdom u lhp Spanish pfovefh, +. That
he who etts down 20 dine It'll the devil should
. cal With a hong spoon " What has been he re-
suit % This feast. IN bfoksn meat and empty
plates, you well kaoE. lthas len our country
palsied iadeed--hangry in Essh and poor IN sPi-
tit
$ = doubt, since the creation 81 he world.
whether such aH'sxampie can be exhibted a. We
have presented for he lasl sixteen years III fol.
~ AID nj. government NJ Southern planter
would PERM. hsrpianialicDfo f one hour 10 Be
governed with such lack iii an sruss and pro-
violence The Cafffas AMI Hetlent6is, 10 re-
ference 70 their condition, doubt not have been
governed with policy isr more vigiIanl and
!. enlightened.
"A county OF immense resources, in period
OF profouad peace, on the yfreeof bankroplcyi
Any man who will read Humes essays on
Z. Public Credit" and Oh "Maney, can be al no
loss V trace our preseo, condition 10 iIs srue
cause. We have been suffering ever siase Gen.
Jackson destroyed The Bank 81 the United States
twilh Ihe fxeeP.ipn Of q short period Of disiem-
rered imitation created by his own measureSl
under a steadily diminishing circulation, whieh
t5e eminent philosopher 70 whom have referred
hasdecared 10 be one " he worst calamities
ihaleaa hefal civilized eoantry--fsF more dis
astfeus''lhau the continued blight o. uufavora-
HE kA4tesis end seasons " This result has been
tirst. IL The constant ction Ofthe Federal Co
tefnment, % their 81. ,osed medissied assion on
ths eaaks or the States, phith created a univer-
Aal panic, that has compelled The Banks 10 with.
draw their ciIcuialion; and next the GenerafGo-
vernment pelmittng % remain in criminal abey-
ance tAeit sovereign fuaciion II supply cur.
IencJ equal 70 the wants she country, a1d 80
Ieealais is value
The conseqasnce IL. that he States have no.
thing 10 The shape ~ credit, % money Il home 10
Ray with abroad Every species o. properly has,
fatieh Aom mn 70 enc h0pdfed per cent. and
he standard II value % sefinnsly disturbed that
i nan Ii 1899 might have had properly 10 three
times the value u bis debit, yet hs is nov ip,o
JaFio ruined BY The silea, iransit OF our eonniry
icom . Iedundant eireulalipn 20 what some are
pleased feEcaously 70 call hard money enrten.
~ when the faetis thai We can pressure nei-
ihef Thar which Is haFd nor soft.
fy This alteration ID he standard or value
revolution Is in perscalons progress n cur conn.
ny rs wide sprsed and dcsoliliag, al FAR As
property Is eoEeefhed, As that which dislinrnish-
ed and illustrated The masterpieces Of knnan
policy Of he Robsspieres. Danioas aud aIafals ef
nlolhet iil-faled cnnnlry. which 10 us time was
governed 81 lis demagogut< too Who made pa
per mpney 50 thick TIA, /, showed asSieasls 10
ibs streets q Paris. ard then turned ROAD and
9e1rnl n heir phrenrF their own handiuork -
Lock. my dear sir. At the lhonsdDds aud tens al
theesandss Of families that have heen rai1td =
Aat have had unuss<fablt woe carried lnlol n
vefy olsams Of their kunsrS b. he nusfrn NJ -