Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1842-03-18

ssod utter psos.Eaton bankruptcy, refuse 10 20.
oeem their notes IN specie, when In a perfectly
sound condition. But Il this power exist IN the
Federal Government, they would be constantly
exposed during period OF suspension to a com
mission of bankruptcy; the chartered rights &C IN.
divduals would be invaded; and the entire fnaneial
| system Of the State seriously deranged. For il
| should not be forgotten that the Commonwealth of
virginia Is a stakeholder TO an immense amount in
her banking and other institutions IL is asked
Why should individuals. aud not corporate bodies
come whhin the operation of n general system OF
bankruptcy To the former, it is a mere boon or
pfSnegei OF which, at pleasure, they may avail
themselves. Upon the latter, il would obviously
operate rs penalty. Because. often against their
VIII and interest, and when, in fact they may be
perfectly solvent In the charters OF their CREATION
'heir corporate existence is prescribed and limited
and Tor every violation TO fulfil their stipulated en-.
gasements, the Legislature has imposed adequate
penalties Shall the period Of their corporate being.
then, by an act OF the Federal Government, be
shortened, and they rendered amenable TO that Go
vetnmeni Tor alleged insolvency. when the creative
power protests against III This were, indeed, a
virtual nullihe,ticn of State authority by Federal
usurpation. The power TO create, in the very ma
turc OF things, carries along with 1t the power 10
regulate, TO control, and TO destroy. Possessing
then, as the States undoubtedly do, the power to in
corporate chartered companies, it is soleci.m in
terms 10 claim the existence of a power else where
competent to their overthrow. This claim Of power
Tor the General Government, is an Illustration Of
That protessed devotion TO the conservative doctrine
o state rights, originating IN the school Of m odern
Democracy; and which, like a maels,ron /, fast
enguIphing the righttul authority OF the States in
the vortex OF Federal power. Other views Of this
suhlee, highly important in my judgment, presen;
themselves; though am sdmonished by The spaee
already occupied, 10 omit them. Not oaly has this
Democrats candidate long ms nifested q zeal ch,
racterstic of "the party; but that he has added
an activity that has almost bscsme provetbi.l. But
iorsooth, say his friends his iberaliiy ard tolerance
n ms .na l. =
ins nhuenee; and that your decision should be tenn
Pered with mercy. II is the justice Of your deei
SION that Is feared. Hence the pathetic invocation
Of your focbearancc.
Permit not yourselves, fellow citizens, by auy
eonlmencatiors OF his charity and fo,he,rsrce -
Ne uled into neutrality or snaelioo. Every con
sideraion az personal nature, at time Ike this
org with the destiay oC our ecun,ry-sAould be
mace to yI-,d 20 the higher ,rd nober duty Of -.
ir'onsnl. Because the Pc adv cf the Fedora III.
se1hvc has serv-c 10 turn he sicr,ous triampa Ct
the wings m 1910 in;o Lcecicoo r,ioe-s snd
tneeoy lmpo ed uor them The nee-ssity e Anoihst
.Se eonsr-t, - ~ yea foic your sr1.s 10 ia-ornu,
apathy ,ni become tie submissive instruments OF
yoaT o-n defesti Can that unsnly spirit which
t1esvs'-d sn6 suided he immortal Wigs ct rs
snc -, thus ear v have defeated their offscrin.'-
Il 50, Ne .re the living rorur,-nts Of incrstituSe
anc cssenersey Bot determination u f,llo~ in
their fociv,spS has bot recently been manifested
" ycc, TIA; no cis,rusT Of your future action can
- lrcc sed. Against an sriful and WHY ADVERSE
~ -, We engaged The teachings OF tia, s,sh no.
caI neeronasncer. Whose dying note was proclaim.
&c hy Mr. Richie IS The sweetest, sill Girec, and
eo1iro ne woFshiPpers OF his golden Ilo! But,
fellow -eit-ens, ss1inst whom would your hopsd
Tor apathy and neutrality operated A gentleman
Who has, during two Sessions, upon every cres-
iion with dignity and man'ineSs fiihfully reflected
youT WISHES and opinions in tie General Assembly
one who combines, 20 an euviable extent, the
'uavi:er IN nodo with the fortter in re-a senilo-
man reared and educated among you; whose chief
interest Is IN your midst, and identified with your
OWE; whose location - permanent; and who, come I
veal or Gene woe, will share with YOU common /
tesiIny. Can you become the passive instruments I
or the inmolaiion Of such man upon the unhal- |
owed altar Of Loco Foeoism7 Nc, fellow .ei,i-
-en', the paramount obligation. Of patriotism; de-
Eoton to principle; the pride Of consistency; and
iSec purpose 10 peEsevere 10 the end in the prose-
'ution OF great and holy work will but serve 10 4
rouse your vigilance and increase your activity
10 the post Of duty, then, and like freemen, alive
o your rights and privileges, again co. operate in !
inoroken and formidable front in the maintenance
y those great principles Of constitutional liberty |
which constitute the only solid basis OF free Co |
eminent. And il, IN a conflict thus righteous, We
re destined 10 fall, VIC viii fail like LeonidAs and /
rs Spartan band, amidst the tears and regrets OF
'aTio,s IN svery CLINE RUSTlCUS.