Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1842-03-31


because il does that which the Sub-Trea.
sury was designed to do, place the busi-
ness Of individuals in the power OF politl-
cians-we der Ince il, because like its
great prototype, it is a political engine,
which, when placed in the hands Of an al
ready overshadowing Executive, there
will be no power in the State able to re.
sist him. Let him retain his patronage,
leave Congress open TO ITS corrupting in.
fuence, retain the principle OF unlimited
re eligibility, give him youth, talents, am
bilion, and place this weapon 10 his hands,
and who shall set limits TO his power T.
But ank-aye, National Bank--we
must choose between the sub-Treasury
and Bank--there is no alternative, IL is
said. We mus. take the sub-Tfeasury,
say the Democrats the Board Of Exche-
quer--anolher name for the same thing
says the President; or remain in the
state Of confusion and distress which
has existed for so many years past, and
now dcranges, more or less, the business
of every man in the community or the
people must have Bank in spite Of the
Veto Of their Monarch elect. II this is
so, il we are indeed brought to this pass,
then IS the choice already made. The
sub Treasury has been condemned, exc.
cuted and consigned TO the tomb--whi-
Their ! doubt not it will be speedily fol-
lowed by its knsman and if there be nc
alternative but Bank, we have the con.
ISOLATION Of knowing that we can live I'M
der it. We remember that George
Washington first brea,hed the breath o.
life into it. We remember that James
Madison revived il after temporary sus
pension of animation. We remember
that it was the common offspring of the
Father Of his country, and his great com
peers who fought the battles of the revo
luton, broke the scept-e of England, ane
brought order out OF confusion by fran
ing the Federal and State Governments
that although it was at first assaied By
the Jealous republicans of that day, the,
afterwards adopted it; that under thei
patronage il became the favorite of tn,
nation, and was cherished as one OF III
most valued nsiitutons--untll Andrew
Jackson, for political purposes, waged
ruthless war against it. We know that
for forty years, it was safe depostor.
of the public treasure, and during all tina
time, whether by its agency or not. tn
country enjoyed sound currency. Hav
ing lived so long under it, we know tn
worst, and can prepare to meet il. 1t
constitutionality has been affirmed no
only by the great men whom | have nam
, ed, but by the Supreme Court, with Johl
MARSHALL at its head, and by every part,
to which the people have confded tn
Government,--andi five have no alterna
tive but this and an overwhelming Elk
ecutive power, the task Of choosing be
tween them is an easy one. Not conteD
with waging war in advance against
National Bank, the address nssails tn,
State Banks, and more especially our owl
Banks, and urges the mad project OF com
polling them to open their vaults t.
Northern Banks and brokers, whilst theirs
are shut against us--a measure which
would require the rapid collection by TIT
Banks Of $1,000 900 of debt from tn,
people, at time of universal pressur,
| aho ""Sh suo Su' 'S"Sy "o1io NC uoi
diminishing.
II is not without reluctance that fee
called on to notice the animadversion
made by our opponents on the Bankrup
Law put j, to the honorable gentlemen
who put forth the address, whether they
have dealt fairly in treating it as a Viii.
measure? 1t was passed at the extra st S
sion by and against the votes of members
of both Hous S, who belong to both Of tn,
great political parties. A bill to repeal i
passed at the present session, Whil
House of Representatives by large ma
Ijori,y; il was lost in the Senate by ma
jori.y Of one, both parties voting ndis
crmina,ely for and against 1.-THE Vir-
ginia Wing Senators voting for the repeal
Mr.. Clay is assaulted because by chang,
Of his single vote the bill for the repea
would have been passed. If il was Dem
ocratic bill, why not denounce the mem
bers Of that party who deserted their flag
defended the fayorite measure Of theiI
party, and fastened "lhis odious law upor
the country Z" Why pass over the Dem
ocraic Senators who voted against the re
peal? Is it just, is it candid, had al
most said is il honorable. to lay this law
If it be bad one, at the door OF the Whis
partyl Can the authors of such an al
tack really feel that consciousness Of the
justice OF their cause which they profess
Can they feel that buoyant expectation o
future triumph OF which they boast, wher
they thus experiment upon the good sense
and integrity Of the people Of Virginia
Did not General Jackson recommend a
Bankrupt Lawl Did not Mr.. Van Buren,
recommend one in its worst and most obi
Gus form?
AS further sample Of the fidelity with
which the address makes its statement oil
facts, beg leave to cite what is said OIL
The course ofthe Wing party in this House
on the subject of the Distribution resolu-
tons. The address says: Resolutions
have been introduced into the present Gen.
eral Assembly, having for their object the
instruction of our Senators to procure the
repeal ofthese obnoxious laws-the Bank
rupt Bill and Distribution Law; and also
to oppose the re-establlshment, by Con-
gress, of National Bank, or any similar
institution. These resolutions, the Wing
party, by small majority, have nailed
upon the table, though repeatedly and
earnestly pressed by the Democrats 20 act