Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-01-10

II. fapef currency le5ng Jelal he age III ca.
,iofs ...asi h bad hut was such currency as he
had d,ssfbed lie currency proposed by the eia ! al
m it. y HE II WAS indeed guaranteed by the nth q
Government II was required 10 be convertible Al pleas
urf iaa eola al sfer. y which Il Was meant tat t.
1saaf IS mould Haxt spae lass. dollar III aai.af
I css.I ..eia I'enasy wanna lhoos Ii otherwise vi
thai .as nl.Te nasfier 81 detail, 10 he regulated y
tie s7nmifien.
n feply 10 Sr.BuonAsAs's remarks The refusal a
: d sfed IN the Convention. air X. feeuad hini Il
tie explanatory nae Il Mr.. Madison. winch deeafta
Hat tbs u5 intended 10 prohibit o9sofnnett nun
ISSUING nses ar ia accommodation bni Nas amer
LEI, II such psf.f currency a. fased simply Oh IN
credit II tanserasat aud was, II the salae TINE made
leaai ,aadf III "a tins subject both ihase gentlemen
hal fIf4uu stones nj # they did net themselves
atsel II i1aa Il. sss What WE tie Treasury nsies
Advocated h tier Try " hence tie authority L.
.# them. n tie doctrine thtY advocated MS CT
fe#43 tn Sat5r Irsfn Sanih carahua MS faf sefaf
zaa IAo ,aMtf q f8m the power at discounts but
h8a vas saHe d II, II he opposed eYefY arrange
mint ltc iIia n IL tii lie was nj IN lasof Of an
eIs metallic currency. hut Tor sound paper e.re
ai1H lleclaieHdsd thai tins could nj lse tron tie
haHks l.eaee heu was II 10 proceed, II not if5m the
authority d G4yeuaaeat}
\ l. tie c5n,l luioIal argumen, roierr.d 10 ty Mr.
g., NJ L. sid he he'd never eaneuued IN It. lie had
only eaa.eadel l.f incidental aid to the currency from
The eaitimafe action Il iosrfnnen nulrr the tonst
y
iaeare Prs denl. Geueull Jaekssn hai recommended
II IN al hs n4essasas
Rut ilr aeHiienta nus nei content themselves with
opposing very measure ifthey dlslb6 ihis let thein
propose n substitute NHat did lheY eol9r Let them
show tier hand. u lula the country Ii lis present
awful condition. were they content 10 field tler hands,
ia naihine and. IN Il eo1ness aid abstraction Of meta
physical spil'u't IL The People. on eNpeo 5o mnni
iian tn Government Such language had been heard,
indeed, ifm a h. quarter. iut hid ioen met BY n
ssaal naIke ns 10 be FORGOTTEN Iht gentlemen 3
doctrine stand still. do nothing. and AL will come
rtht lie agalnsi THIS do nothing policy lie al
nfed Il. lho the question was, y hat II % IL d ne
L w tef} e#g iaaee what the gentlemen meant when
they talked about nj changing ther position. In llan
In Ish Tie. meaHt hat they went qr the sub Treasury
Lie Whole sub Treasury and nothing bn tie sui reas
ny. Il ashed 3fhe country would take II The an
sui Lad eaiae .ase. ia tanes Of thunder. No, we will
MT
L. 10 gentlemen e deceived by the result of few
Il fhe la elecles In thai subject tie People We're II
Hae funs. and nene could turn them. Mr.. Il. agreed
a.a the hapet National Ban, oul otht question.
IN extensive correspondence convinced him tlat Ia"
money ueaai lie country would H9 lake tie stock
L. a.. ID BIS lingering attachment 10 the State hank
sksfH lGl protested warmly against lie idea OF tie
0sFtaHegt efri' receiving The netfsei hen specie pay
NJ 15Has l. ranefa concurrence could he had IN
ualaus oar aoie pertinent with these institutions he
slau ra1e Aut The day pune hY. aud by practical
statesmen such taug Nas not 10 he thought Of How
iss'' aid " Mind Satonal hank Vas cut 81 The
afs. lie State hanis not 10 BE thought o. the
f3#if.#uf} Tie people netef would accept; yet SOME
IN iHls b. ash' II lie country II he could mol get
- - = measure NJ Tue Second bet he was Wiling 10
Hhf up Win any liiefatle eNpedteh or the public Tt
mt l. Tie .,,'ni h'li, II musi undergo many I'M
i'aa enaR, 'he i9els@ed hoard mus b. stripped ol
fr lover Il dealing exchange, and also Of using or
l'15ne thu faIie money far private accommodation q
mercantile eISdi. II must also be rendered bona fda
- iem 'Neea,ee control and Congress certainly
had Inc meais u doing tins. ! he appointing power
mGh h e'eLt.5ed y commissioners, As had repeatedly
tfsHasaean iH2atd lie WAS rsadY 10 adopt the prll