Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-01-13
= Z II n T. q N 4: Il T. - -
SECOND SESSION.
TnuRspN. Drcembsr 3Oth, lSil
PROPOSED BOARD OF ENCIlEQu FR.

PROPOSED BOARD OF ENCIlFQtI Err
The S,n,,. ,r,cccxl.J IA HE n,6,;shoJ bus;,,ss Of
"Wednesday h,ing ,h, ,,i,n If Al, r,lI,,,,c II, r,.l,
IN, pan al Fiscal A,cn, II, select rmnm,t,r, If nin,
Ia bu oprs,,n,,J by the Chair When
Air MtNGi1M ri North Can,,i,, vho had o,,nin
ed the floor Yesterday rose and addressed IN, Senate in
an unusually, animated ,..h il; ,,,...,,,on IA IA, ,,,,
If Tho SECRETARY of Tho Treasury a., an E,cheu,r .a,d
Ihe U,u,,,,t ,cyr,,s bov,xc, tba, o,,,uo Ia In. ire
amen, ln, q, ,hr smak,r,s voice. much hat he sold
,, l., a., III, l.t,n, .o,, ,,m which his .n,,,h v,a
hr,,1 aud ,c,.,,,.J
Al, Al commenced win, i, n,o,,ise very ,reonen,ly
,,J, il; c,no,,ss 4, ..,ny l,, , shn,t linn, in IA, n,
marks Il, b,J In olcf lwns mn, his d,a,,n Ia po into
nm, hin, ILL., ,,,l,, ss,,i,, n, s.,,ro anal, sis nj,
hc tremendous ,,;et snhn,d IN ia, S,crot,r, = r.,
nnr,. NO, n,smucb as very srcnum. ,f,rta were ma
ia, a. mr., crn,y ,lo n,,l,, mind il, ia cx,, Nr Al
did desire IN ,xnr,,ss bs views al the scheme. IN pr,,
s,ntln, which, h, dcs,ed il Ia bc ccar, understand that
he sp'Nc for n, interest, rbo,c ar nar, either IN In,
Senate or on, of il, IN. opinons he should c>prq were
his own lie had not only als,ancd from all conaul,a
ton or com,nsn of y,cws upon the sub,r ,ui had ~
sisted such CONSULTATION when proposd Ia Inn. because
ookinp nj all the past hc was ,su4,d Ia .l by ,ones
bc by ,,onos;'' and regarding the actual state Of the
country and the amount of the public distress he was
prepared 10 meet ucncncn ho SHOULD propose any lea
sihc measure for It's relief in broad and catholic spirit
On all this subject of banking he held probably some
peculiar opinions; he did not set much value upon them
nor did he deem Them of any area, consequence Ia others
but such ms they were. they were his There was one
reflection which could no, but have occurred To every
mind They had here presented To them paper marked
by cops,,mnac ability and draw n up with rcat labor the.
production as il was said of a pipan,ic intellect or as
others had cxprcssc, themselves OF the frs, mind in
this Republic; and gentlemen ON all sides of the House
had WED with each other in bcsow ing upon their high
cs culogiums
Immature. however as he was IN criticism. he was
compelled 10 diilcr IN his Judgment ON the logical quail
ties Of this production we'll from the asrue and ngc
NOUS Senator (Nlr bnchanan) from Pennsylv aha, as
from the able and learned senator from south Carolina,
! MIR Calhoun) than whom no man IN this country was
better htcd iolndec On the eoscnoss o any specimen OF
logic submitted 10 him was very remarkable that the
report passed over and seemed sudiously 10 aYod those
points of argument connected wh the general subject.
on which the ablcs minds had for years done battle;
and in the deduction which II did make. lar from cx
hbltns the force and clearncss OF logical head, pre-
scented most obvious detects III logic the conclusion
drawn from premises laid down being nconsecutiye. alb
rup. and. IN one instance cNi"caily. monslrous There
was one Tact III reference to the plan suggested IN Tins
document, which must have struck all who Witnessed
the proceedings OF thai body Here was prJe, the
production OF mighty intellect one of the first minds Of
the aga mind familiar for twenty years with the pub
lie affairs Of this country, and closely identified with
great and glorious and victorious political partyund
yet wonderful 10 tell, with all this acknowledged ability,
all this experience and know ledge Of public affairs, and
all this careful elaboration Of great and all important
subject. when the result Of its lnbos presented 10 the
Senate, mt hai had been found no would rise IN his
"lacc and say will take it," project throw nout.
bnc, Il by enough Of intellectual power 10 force almost
any min ole upon the assent Of other minds and yet
there was no found among all the members o that body
no no, one so po,r To do II And why q
The case was plaiu - was attempt Ia unite things
essentially nco,upatile-: drink at once, and IA the
same cum from tl, mouth an6 'om the s,rccs oi the
Nile Ind here he mus, be suffered to say, that the
course Of the honorable senator and n ese who
ON this occasion associated with him. hsblally cherish
ing ms they said the most exalted respect for lie
from whence this document came was such entitled
To the rcspcct of every candid and uprpht man,
They stood maniuy by their principcs be they p,od
OF bad and were too honest and too wary In step into
the dead fall which had been artuly prepared To catch
them
To the honorable Senator from New York (Nr Tall
madge) he would saw that although he was willing To
do ANYTHING which could y be- done 10 relieve
the distress Of the country and was prepared 10 re
ceivc and consider whatever that Senator and his com
mttse miyb prousc substitute for this scheme vet he
greatly feared thai their cfIrs 10 prcmre such mca
sure would be wholly nnnyonp. he feared so How
did il bappcn that nolsdy could be- found To come into
this new project Was il not obviously because old
principles had been abandoned Whatever motives
might have led To the presentation Of such scheme
whether il had been conceived with view To secure
or hold power il was altogether new conception and
one thai seemed arttuly suited TO the feelings of the
time Such at least would be the opinion of il enter
tanned in one mart Of, the Union If Mr. NJ were 10 set
about dissection Of this remarkable producti, be did
not know tina, il would he worth the metal which mrht
he worn AWAY in the onor,,on Nobody NM The mos,
.rc frtb ~ bin IN he ,don,d that seemed not even
tn Inc ,ho,bt M ,s Il sood il ,,,s reudotod an all hands
In ondoo Ia sneak vor,blv o II oentlcnon did not
anc,k of il b,t Of somctIny a Of in mn,