Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1842-12-29
From the Richmond Wig Of Dec. 10.
THE LoCOS TURNING WIGS.


which prolonged the session TO a late
hour of the evening.
The irst subject of novelty and inter-
est was the Bill to borrow $3.50. 900 Of
the banks-brought forward by Mr.. Ran
doiph, aud sustained by him, Mr.. Ed
munds and Mr.. Taliaferro, without one
word of dissent from any member of their
party. We were never more astonished,
and could with difficulty realise the fact,
that we were in the presence of Locoio-
co Assembly. What borrow money OF
the soulless corporations and tina, too,
by Locofoco Legislature, aud without
a dissenting voice! The thing seemed
impossible, and we thought the House must
be unanimously Wing!
1t will be recolected by all conversant
with the party contests Of the last few
years, that at the commencement Of eve
ry session, the wings have been compell-
ed to make temporary loan of the Banks
to meet the obligations OF the Common
wealth. As soon as the proposition was
made, it was invariably assailed with ex-
IRENE violence by their adyersares. -
The policy was represented as most mis-
chievous and Acknowledgements beneath
the dignity of the Commonwealth-as
subversive Of public morals-and ruinous
10 the people. That no body but the
Wing party-steeped to the eye-lids in
political deprayity, would have the hardi.
hood to propose such measure, Better
issue Stale stock, better sell the stock
owned by the State in Banks-for hall
its value-Detter borrow or beg-or do
any thing, short Of stealing, than call up
on the Banks fo- cent. At the very
last session, Mr.. Speaker Holleman sig.
nalizcd himself by three hours speec b
to this effect. And now, when this same
party are in power, the very first thing
they do (after refunding General Jack
sons ine-an oblation not to be with.
held IS to bring forward the identical
proposition which hey had SO vehement
ly condemned, when offered by the Wings.
And they are not content with the paltry
sum of hundred or hundred and fifty
thousand-the utmost limit to which Wing
impudsnce could go; but they must have
at one dash $4,000 dollars. The bill
is carried through without opposition
with an air of triumph, as some brlliun,
and unmatchable achievement ia the COM
pick conscience of finance. ltishastened to
the Senate-read once, turned over twice
by tho Clerk, and in ten minutes passed
and returned 10 the House as the law Of
the land.
Well might Wing remark that they
carried Wig measures with much more
rapidty and ease, than the Wings them
selves could
We do not complain Of these gentle.
men for treading in the footsteps Of the
Wings, and adopting their measures
But we think they owe the Wings some
acknowledgment for tho abuse formerly
lavished upon them and as little as they
could in decency do, would be 10 beg par.
don for the past.
The other matter Of interest before the
House-or made interesting by the dis.
cussion, was the bill 10 authorize the
Banks to continue to issue l or 50 notes.
Mr.. Hopkins very promptly assaied this
as most monstrous proposltIon-at war
with all the we'll esta blished hand money
doctrines of the day. He was seconded
by MIR. Edmunds, who gave us whole
volley politico-economic distractions !;
and by means Of which, he demonstrated
that there was now entirely too much
money in circulation, and farther cur
tailment was absolutely necessary for the
good of the people. This deduction was
a fair and legitimate one from his prem.
ises-which are self.evdent truths of po-
litical economy and which deduction
every man, woman and child in the State
know TO be unjust and without founda.
ton. But it is one Of the blessed truths
of that infallble Science Econ
omy-which has made SO many dream
ing and mischievious statesmen. Mr.. f..
expatatsd upon that well-es,abished prln-
ciple of Political Economy, that specie
and paper cannot circulate together-that
there is a mortal antipathy between the
two, and that both cannot dwell together.
Upon this premisa-whch universal ex-
perience teaches TO be as false as the dis
covcry that there is too much money-he
argued that small notes would Danish all
the specie. In respect TO this, some OF
the speakers, (Mr. TaIiaferro we beleve)
observed, that if there YVES such an IN.
tense hatred between specie and small
notes, il was fair TO suppose there was
still greater emnity between specie and
large notes.
Messrs. Anderson, Brown and Taliafer-
70 urged the passage Of the bill, on the
GROUND, generally, that it would aid the
Banks in maintaining specie payments,
and save those institutions from the ne
cessiiy of further cur,ailment.
The motion to postpone indefinitely
failed oy larger majority than in a
Wing House last winter. Then there
were 35 for postponement, and now there
are only 81; showing decrease Of tour
hard money men.
The bill was passed by large MAORI.
", and sent to the Senate-where 1t was
laid on the table until the 10th OF January.
LAYING BAcK.-A scientific darkey
taking lessons in guitar playing, was
ask ed day or two since how he was get
,ing on in the mastery of the art? He