Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1843-03-23

parry maintain that he FEDERAL Government
cannot fuIfl it, dulies 10 the tounfry. unless Il
cfeales national Institution. which. harmonic
Ing with ne State Banks. will remedy the pre-
keat defects Of bnr monetary system, and meet
BlIihe wants 81 he community nnd the govern
ineni. u Sat mode ionly. can venuency 0f
eqpal value credn and use. whenever i may Cir
culste." be furnished without he destruction Of
The State B6Hks
Upon the oiheF hand de Denocrslio party asov
and mainin the docsrines. that ihe Federal Govern
Ssri has 20 other porerover he tofreney than that
which . Involved N those % coin gold and silver
md % rfeu.aIe teir 1rIuc aid 10 nrorde for lie
collection a. its revenue 10 thu etti6r and that
she people expect too much ofiheif Government.
when they demand any further Effort 10 accomplish
the high duty Of giving sound and uniform eurren-
ey % The country. ToMr Van Bursnxnd his party,
the credit il b credit, Of discovering these new
political principles. Is due. They we're announced
Il lHsF period d his administration under memo
rable eirenmsances II was when the successive
experiments Of the sPet Banks, and the Sob Trea-
sury had. 10 the fulflment Of Wing prophecies,
failed % furnish and regulate The nzions enrren-
ey, ssNas % confidently promised By their origina-
tors, a1das eonfdingly believed BY n misguided
people, and when that people amidst the thFoes and
commissions Of tie monetary stem consequent upon
the failure Of those projects directed their hopes
aud entreaiies ii that administration to devise some
efficient regulator Of The currency that II refused 70
make any further ehUtt To stay The tide Of ruin,
vhith was sweeping every Thing before il, and
skrinking within the tauis Of its sub-Tressury an
Dounced 61aat people that its sole uiy TO take
esrs oLitseii, and that they expected TOO much Of
their GonTnenl 10 locking 10 il for relief from the
evils 81 an ansound and unequal currency. How
that administrations sniote upon The public ear, you
we'll reeollcet. How Il carried dismay TO our
hearts, and was followed by ruin 10 your fortunes,
you will not soon forget As necessary adjunct to
tht se llogmss The destruction 81 the State Bsks is
contemplated By large portion Of The Democrats
party for in no otherwise the coinage Of specie
glse currency Of equal valae srediland use. vhsr-
ever il may circulate, 10 the country. To regulate
yodg currency By destroying il, would bes' to make
solitude, and GALL il peace"
III connection wilhllis subject. srother having In
sepsrble relation TO it, presenss itself 10 COR CON
siderAl6p and that IS Tie power and policy Of the
GoyeTnmsni, in the creAtIon Of agent for the col
ecIioh ssfe-keeping and disbursing Of lis revenues
The aetion 81 that agent in the exercise oil the mos
limited poweks, will necessarily involve consider
able, il not controlling infueneeoser the Nation
al currency. 4he Democratic party have slsked
themselves upon the s.SubT Treasury y Is their pro-
jeet fora fiscal sgspt and 10 sort regulator 81
the currency. nhedefects Of that project have been
heretofore fully exposed The power which il gives
is managers over the State Banks, BY which they
may and probably viii be destroy ed-.he dangerous
increase OF Exseutive power derivahle from it-iti
unsaEety rs place Of depQsitand its ehtire incon
gruiiy with our free institutions, have been made
manifest TO you, and you have imptssed upon il
your seal OF condemnation. You will not, you can
not, now give IL Your appreciation for i has in ne
respect changed its nature. In itsFcharaeter, &C
ton and efforts il Il equally abhorent 10 your reason
powlas when last you spurncd itS from yourpre-
seneEs
The Wing party now, as 10 1870, advocate
the creation BY Congress Of National Inslitu-
ZION, which will be liable 10 no weIl-founded OBJ
jeclions and which, while il viii give you sound
aud Wel-regIlaled currency, by aclingNin har:
mCny with, and perfeciing, our present incom
plets and inefficient system di currency, viii be
constituted the agent for the collection, safekeep
ing and discussing OF the public revenue :-al
agent, which will not exercise covert, and dan
gerdns, il nof destructive, influence over your
State NEUTRALITY-SUSPICIOUS. increAse the already over.
grown power of the Executive expose yoni
Treasury 10 be pIundered By lhe cofrup,-nol
leave you 10 endure the evils OF an uusound cur.
rency, while il secures to your government and
its officials, a sound one
Thus stands the issue between the parties, and
il is ready for your decision. That decision yot
must make. We do not, and will not, appeal Il
any passion, OF prejudice, to influence you ID
orr behalf. We feel TOO deeply The magnitude
Of The subject, and the consequences Of your de-
cisicn. Il is q question Of solemn importance,
10 The consideration of,which, you should riss
above the influence Of party, and regard il. in II:
true character, as one lof governmental poweI
and policy-in deciding which you control the
desllnies Of this nation, long alter The presen
political parties wilkhave passed away.
ifin yGnr calm and deliberate judgments, yol
believe that national and individual prosperity
canexisi without sound and uniform cufrenc,
--ify0V believe Ihafil is not the duty Of you
government 10 supply and TO regulate such |
curfency--f you desire 10 behold the destruction
II your Stale banks, and of that system Of credit
which has opened The visias Of aflueRce and 0
distinction to The humblesi indiyi.uas 10 gu
counny-ifypa are willing 70 ind lower depll
id that deep Of national distress, into which yol
have sunk-you have only 10 THROW yonrselve
intoBlhe arms Of The Democratic party, and 4
sustain their financial projects.
II, however, YOU lcelthe necessity Of having
sound currency-ifyouWould preserve your STAT
institutions and your cTed:tsy sem-ifyou believ
thai your Government is bound TO supply and 1
regulate your currency, and should do so by ih'
creation Of SEINE 81 stem. which wfil not destroy
1 5utwill harmonise with and remedy The defect
/ Of Honr present stem Of cuITency-thefeby ena
! bling you once more 10 pursue with s1ccessiu
linddstTy the occupations Of life. without fear Q
having the fruIls Of your labors swept from 10
/ in moment without fault--if You desire con
iinnancr Of tha, policy yhich governed you
4 Washinglens. your Jefersons, and your Mad
sons, and made this Union wha. i has been. 20
viii sustain The Wing party, wh9 advocate lhs
policy. and romise The only means,Ahy which
Judging from past experience those results ca
be attained. Hg
in close connection with sound currency
an adequate revenue, and we therefore proceed
with as much bfevny as Possibless 10 state III
policy OF the Wing Party in relation 10
i The TARlFF.
Ia reference 10 this question, The Wings 9
1 Virginia have no hesitation in stating their uD
nbsilion There are but Two modes offaising
| revenue FOR The support Of The Federal Govern
| ii1eni-one by duties on articles imported froI
labrcad--the olheF By direct tax upon the pre-
perly Of our own citizens. To the laller mod
We are irfeconcilsb;y opposed, beth because il
a departure from the almost aniform practice
ltKe Goyernqaeni. from is organization until ii
lpresent monenty and because in practice
= onld be productive, as, when Tespfied 10 il q
ways has BEEN, 81 The moss severe eppFesslo
tnpen she people. The States, i IS true. sen
fntih their Iax-gashtreEs among their citizen
VIC v;sis every dwelIint. aud levy contribulior
UPON almost every species Of properly; but il
j hecauss ,heV possess no olher means Or f75isi1
lbh nrnornl pf revenue necessary 10 The palmer
Il Oh heir annual expenses They Surrendered
i ,hs Gtsef&l Government The right To collect d
4 il on imports as one Of .hs essential and nece
sary means pfreg0laiing with foreie
\ nations. and they are consequently compelled
rely upon Ne only renaIni1s mode Of supplyin
1 he wants bf their respective treasures. Bl
4 who does ntl perceive The diliculIy which ere
fEtr exne1ie1ee wIIh01l nnr rival lax = alhe rei