Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1843-01-04
From the Behim.rs american.
RELIEF OF THE STATES-LETTER I.
From the Hon. WV. Cosr JOHNSON TO Col. CHARLIE,
CARROLL, Of Maryland.

AAE 81 L ER Il.
From the Hon. WV. cOsr JOHNSON to Col. CHARLIE,
CARROLL, Of Maryland.
HALL OF REPRESENTATIVES.,
WAsnISoroN. Dec. 24lh, 1912.
Dear Sri embrace tho earliest opportunity q.
midst my uuny engagements and duties ~ aeknou.
ledge The receipt Of your last obligIng letter. and 10
write to you somewha At length.
am much grarifed To learn with wha, IA yor IN
proposition which / submitted to Congress IT the
last session ia received by the farmers Of oil parties
in your region Of the State. ! nm ploassd to learn
ih' they regard il in reference to is bearings upou
themselves, and the welfare and hnnor Of The coun
try. In my speeches. in my letters, and in all Of
my conversations. ! have from the commencement
Of this subject to this moment, urged it as g great
and vital measure, above all mere parry, local or
personal considerations; sad in that lis ht I shall con-
tinus 20 urge IL. When I submitted the subject To
C"ngress at the last session. ! used The following
language, as reported in the Intelligeneer at The
time:
II regard il (ihe measure OF Relief 10 he Statss)
~ high above nRd beyond. as broader anG deeper
than either Of The great parties OF the day. IsiaTied
il as no party question, and wished il advocated a.
no party question; for IL was a question as broad us
the Union. as deep as the enduring interest Of The
people. and a. mOmeutous as the hunnr Of the
Slnies."
some Of those who have taken but a superficial
u my pfoIDniiiOl ana MnO, perhaps,
have rot read my address 10 my constituents, CON
found it with unqualified assumption ofSiaIs debts.
and nm issue Of paper currency by the Government
for general circulation; and thus, from false posi-
Iions, renson To conclusion, or rather leap to a hasty
conelu IOn against IL.
have ~purPOsed no measure Of assumption. I
hs We p-opOsed no issue OF a pa per circulation. He
who borrows hank paper has g. pay interest for It's
use, whilst il yields him no profit but in the pur.
Pnses for which he may apply il. I propose an issue
and distribution OF Stock which will secure al once
The purposes Of gold and silver 10 the States in dis
charge Of their debts. and which will weld. with.
out use or circulation. an interest 10 the holder, and
thersiors retain az fixed and sound in VaSle rs gold
and silver.
To make its value firm, { purpose 10 pledge the
faith and revenues Of The Government genearlly.
snd the public lands specifically, for tho paymen,
Of interest, and The ultimate redemption Of the
stock.
have prop ssd that a portion Of the bonds shall
be denominations from a thousand dollars down 10
one hundred-nOt That they shall be made a circuln.
ting currency. but those who now lock no cold and
silver in limited amounts. may fnd il TO heir in.
ierest 10 purchase n Government bond, and thus
unbfk boarded gold and silver, sn1 lock up in il,
siead a bond that will have ~ fred a value az gold
and silver and will yield the possessor interest
every sz mOnths-thui guardians and trustees NAV
have % IN their power 70 invest funds in q stock
"hifh WI Fuh tf years anu never depreCtnie IN
value; and will secure 10 widows end orphans q
fixed revenus from Etsie stock. And N the bill
which I submitted 81 The last ssrsiun. snd which IL
on the journal Of The is h ofAugusi. is The following
section.
Sec. 80. That for The more convenient payment
Of interest. md 10 secure and make uniform the
manner aud nude Of transfer o. exchanges Of said
stocks, Congress may, 81 my time, designate or o..
,ablish agencies or commissioner in various paris
of The Union, for the convenience and security Of
the Stockholders and The Government"
Although ! am no candidate for popular favour Of
any kind. and nlthnugh am convinced that my
opinions on side-qussiions can neither advance nor
rstard q question which has is strength alone IN
is own intrinsic nenis, vet io disam even that
casuisty which nakss 70 e business n nett duty 10
oppose everything that IL good. add hat OHs n re-.
lief 10 q ~sUforng people. upon he ground Of tender
%soTuplss, ard which has as widely misconcsived
my views upon currency 80 i has ths character OF
the Measure Of relief N he States which I have
proposed, | will, 10 q few words, give my views