Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1842-10-26

is,on 81 that State. aud hsic II in d.fheaty as 10
eishonerr. The wi,e and henest could not retrieve.
in lsss than . ssries Of ys,rs what ths rogues and
fools had done. IN oee or two.
Such Laws Get clt by traa.pl.ng no, merely upon
the fundamental provisions Of the Constitution, bet
upon all faith between man and msn-sll the lega,
ssnetiiy Of Contracts, and all that private Morality
moro obligatory still, which Laws cannot dissolve,
if they would.
To What purpose this reversal Of all the usual
principles Of legislation, this sc,tmn repeal of all
individual morals The supposed answer Is. that
q will give men time to ,x;ricatc themselves from
their embarrassments, and, if they should be even
tual'y obliged TO sell their property, will. by post
ponenent, make that property bring iares prec
Now, we will show the f'H effect to be a''o-
se,her partial-coufntd 10 a single class OF deb
tors, and runous to all the res;. The Se,sd effect
is purely IDEAL or worse.
| The Law can only beu.6, those whose debts are
confined to the State. To all others and to the
trading community cspeeially-n will be the mos,
muraerous injustice. Il canno, shield them from
The payment OF their debts. while il will cut them
of from every means of getting what IA due them
| How will IL benefit the domestic debiorl In q
manner altogether uncertain. Left to themselves,
things may or may not b, better, q year or TWO
years hence. With such law as this, they can
cot bu; he worse.
The FIRST and direct consequence is, a Suspension
of all toe Banks in the Commonwealth. They can
| no; pay, If their debtors are released. And new
Bank suspension, We solomnly believe, will be in
antly followed by Il dss ruction-the 'etual pull
| ins-d,wn, VIC mesn-of every Banking-houso IN
the land.
The mex, and equally certain consequence IL,
thai. as debt, will be thu, aung into forced and dis
| tan, pos,ponement, svsry dsbs ~il a, once be put
IN suit first, in order to get the Security which the
law must allow; and, secondly. in order to be
OF recovering ones money at least early as the
law will permit. In reality. then, thi, is the very
conuivhnce for bringing all the property OF the
country into the msrke; a, one ,m,, and therefore
to produce the greatest possible sacrifice Of it, indie
pendcu;ly Of tho soppage Of tn. Banks, the ruin OF
shese who owe abroad, and the to,a! overthrow o.
all business aud ell credit.
! Here is, rosthinks. v.i5,e and a sure state OF
thing-, at which no man bu, mus, sard aghns,.-
Bat This is not oil. In this depth OF confusion, Of
shame. and Of distress, pub &c and private there is
yet one darker and still more ebhorred pi, of wo.
isto which We must, q community. plunge, Il this
mad Law be resorted to. SAFE Reputation is the
inevitable consequence of this Individual Rspudis
ton Ct debts. 1; cannot but follow. The lhing IS
100 obv Gus 10 argue.
| We put, as nnsy be seen, our whole heart irto
his subject 1t has aroused our strongest appre
tensions Tor the State and every feeling the mos,
sacred that attaches us TO the name OF Virginian.-
Sad as n,y he the general distress is it such that va
can publicly fling ourselves into this abyss Of VOL
un'ary and useless wickedness7 Is there no help
lief: but in Jolly and guilt ? Where is the manly
senses and for,,ude of brave and honest peope
Can we not, need be, stand povertya little whit1
Cen We no. reirench many a needless indu gence,
dress more humby, live more simply, labor hard
err Are not these ligh, sacfifces that of our pr
vse and our public good name7
thus far We have seduiously RETAINED from re-
ferrlns ony party topic. The malies is one which
rises infinitely above any thing of that sort. We
shall, hswever take occasion also 10 consider how
far it i, poss bic reconcile measure, like that n
question: with the nvowed principles of either of thu
great parties which divide the country.
Mr. CLAYS SPEECH TO THE oUlRERs.
We hardly thought it necessary, yesterday, to
recommend to the attention of our readers this ad
mrable of hand reply TO an adversary's attempt TO
embsrrass MIR Clay with ,wo>edged question: like
that OF Emancipation. Never did any man more
exactly come W to the Irishman's "b.s, method Of
avoiding dlnger"-lhat is, ito march straight up to
it," That is precisely Harry Clay's way OF NEE,
ing unpopular question.
Plain, perspicuous, manly, full. convincing. what
i, there, n this admirable Argument, that smells Ct
policy. that looks il he had single thoash, OF
himself or suffered any thing bu; truth and ;inceri
ty TO enter into his opinion shap. what he says7
Compare this. now, with one Of good Signor
Peaseblos,or's pretty little nosegay, OF sweet.
scented opinion, on the same subject; culod from
every dainty little A1wer that may please Southern
nose, without offending Northern onss-the whole
tied up with pretty little silk ribbsnd OF no parti-
cu!ar color, set in nice little glass phal, to keep il
alive and presented with an Understandable grin and
eongees out Of num5sr to the glad L0cOfocoism o.
the South; vho,-peasod as a girl with her first
!over,-curiscs, shippers aud dimples her approval
and lsnsushnsly assures The dippsr liIt, poiiict.
No,hingsrian CT kinderhook, that the soft nolhngs
he has said exactly 70 her mind, and lha, he is
"a NORTHERN MAN WITH SOUTHERN parScIPLEs y
TESTIMONY AGAINST MIR. WEBSTER'S
We knew and have said thl, thesc was, no doubt
abundant proof thai Mr. WebsleI's version Of what
Dassej as 10 his induction into Gen Harr.sonts