Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1842-06-02

n eecrlt.l4 q guarding he pooPle. b The l1us
.Bninsi Ne pes IblIily q iuch lippen1ens fraud
e1d siil.ny- ~ hsIk should y suGsrsd b. i.s
e1less3. q b sssits. q. y IL directors. or
shsir frisnis, and petkips confe6efales,le Hhom
assns psy y furnished Tor n purpose. t6l
sPseoifle i their ON nosss, dr ths Boies e.
olhsr b1nkA % 81 indfsidnals- q tbs i tolsrsi-
led. thsg might. 81 eurtsils n such times -
shss1, compel their pWn dealers 10 p,y III. o.
. nors ruIao1s rate pf usary. 70 mset khsiF pa
per u bank
Ihsfs tau, my fslIow -eiiizen., ssdsayorsd 70
cali your stlsntion 10 The wicked, perairicas.
and unjust sbasss ard psrssrstoas d money. %
credit. a. The tsse may BE- haze sho~n you.
I hope. that kssk weEe intrelnes4 for ptiiir pdg-
pssis and The public has. fhsrefors. . perfect
right 70 epEtfol them Thss are Precisely q
he sans haiHfe vish the yard,titk. the buskeis
he p1dad- seEht. tiis coin. o. aty other public
stsndsfe O. eonseaienee. And ! pntst a.
not nFhstasdiig all The hambusgsry ard mysis-
lry uitb Which ne crafty noney-ebsngess Of M
void have sn ieavsfsl % envelops he nature d
m6heg and credit that- 10 their Own nature. they
are - brood and plain - ths putiis tsadI and
sbirhurys that We travel dsily. What 10 . pub,
lie road, or highwsf, bat : great ptblic esass-
aifnes for every one 70 pass over The land
he sell. over ukich The road passes. may Be ths
property % individ1sls, and they ma use il and
pass over il, but thsy have no right 70 alisy q
sbsiruet Il. And 90 money Of credit : > gfea
} public eoavenieEcs, INTRODUCES ~ ralae and ex
lehsngs property, and the man wbeesns il ma,
use ii for these pefPosss, As Iht owner Of th'
lsoil may use he highway, b1t he has no more
right 10 -obstrlet 10 sny way the use Of money
thss The other haste obslrues the highway
Rf.',E i.E EsI.! |. ! RI - ss.i 4 s.sI q
he average, would be equal 70 each other. sns
safe 10 their bargains, than 10 suffer among U,
The ageaey Of either money or credit il the Gun
fnmg and unPrineiplsd are 10 seize and eoRtro
, these grtsf Isrrs - they Please. whenetei
this Il The case. The IRENE adous question aEs
issue s made up between money or credit OF
sa1 Aand and property 90 the other; and the ssu,
u this. shall credit, OF mouey The Seth pat
! only Of the whole mass or property control
I doniaser oxet. and subjeet il I By Inirodueili
and eohs6htiDgto the use Of money and credii
! ycu have constituted them the muscles snd sIn
y ews-I may SAY The arm, or all other property
II The sine ~ are enf OF the arnts are hound. IA
/ whole bady nil be 10 the hands or the spoilers
! Sampson viii BE- in the hands Of the PhilIsiines
nor was be Used worse than you will be, unless
4 while you hass the Pcwsr,you arouse yOurssIss
and exert it. \ u
/. 10 eoaeIusion. will submit 70 you some I,
!. solutions that think ought 70 h. passed By tn
4 people in every county 10 The Sisle. aud ssnt /,
. Instructions 10 the Legislature. They embed
Z undanisble propositions, aud if law should b
!. passed 10 sonsonanes With them, would sHor
1 relief 10 the people, and % worth ell the sts,
|. laws thai the ingenuity Of man can devise,
/. Isl. Resolved 1'hai money, or credit IS the OF
!, Tor the other may beased. IL great fgsfrnenf
: social convenience "a measure the values Of prope
J y and to exchange il thst il ought to be sonins
10 that purpose. and thai II 10 the right and the du
= ~ fi.e enunrnrfrffR N eouGne
y End. Rssoiped. That the practice OF Speculate
d IN credits, whether the credits Of individuals
n bsnkt 10 calculated pertett The Original aud pr
N per use ofmoney Or credits e. disturb aud mario
= the medium Of exchanging property; TO create
body Of sharks snd shayers. idle snd unproductil
: in any thing useful 10 the community 10 Produ'
Aeesses and scareities Of currency alternately, o.
y thus The ruinons Illustrations in prices and proper
!, and 10 make money snedit-sbout the S0ih irn
b ton of al property-snd which was int ended 10 4
e its 0sdsfGEt and servanf. lis tyrant and master
\ srd Resosped, 1bst the interest OF six PER cen
N money, credit. FOR bank paper is credit,
amply suiieenlto bring out the whole Of il 10 Il
. use Of trade, commerce and exchanges; that ~
thst profit, capital will double 10 u years. and tn
!, the lrgA interest sIeady, in point Of profits pae
. money, credit, not only upon an equal iostiI
:, with The average profits OF oihcr trades, emplo
,r ments and property, but upon decidedly wants.
q ground.
|. An. ResoIved. That in these tieicui, iirnes ~
=
gal loans, or the purchase Of property but 10 man
fsslly, and notori0usly perverted aud abused in e
+ orbtani exlortionate sud ruinous usury tthnf
. use Of money, or credit will not only involve q
y Indebted In ruin but will aeet ard iniure 81 \
d trades and empioymenls, and will rebound 10 4
advantage Of small. gnproduetiye and idle class
n .the brokers and shavers. F@ 4
4 sfA Resolved Thstto correct these abuses; II
10 restore aud eehne money, Or credit, TO liz OH,
= Of exchanging property and TO guard them sgni
!, the Psryerson. Of the cunning, unpFinepled. -
!, viekeds the Legislature be commanded and i
slrueted 70 pas. alsw prohibiting the dealing
credits whether. Of corporations or ipdiydusIs
. gresier PER cent or profit thsn per cent., a.
q eon6scating the whole amount OF credits when pu
chased II greater rate for the benefI Of the liter
= ~ fund that the szrd lay further provide that Il
: person. Of whom. any credit ghaiever shalI
: bought alta. greater per cent than the one name
shsll be . competent witness to prove the fsS
i either 10 civil suit or in an indictment for usur
d By the cdmmon weslth and further, Ihst il M II
. opinion OF the Legislature il be necessary 10 sui
prets this abuse They shall declare il felony and
i tAshsthsI proper Punishrnent,
|" FAIR PLAY