Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1843-03-02

msnt well as Of tie peope-and that his frs, duty
therefore. was 10 provide ior tie a,meit Of the Ma
tinial Debt, thu true Of which had been con-
esa,ed itom the people by fesafi In Treasury Notes
instead II Loans. and b, the nes Of oeftryine Tie up
proprioiia4s Of Congress fr-a ,rar to YEAR Il nsa,
traces the cdasg Oh hi, general embarrassment 10 the
arrangement If The monetary sysien.- first b, the war
upon the |. : Bank. and 2,. BY the increase of the
Stale Banks. exravagan issues being stimulated by the
government in order 10 avert the evils which il ,niis
paed from tn. downfall Of the L. y. Bank. II thcn
points 10 the only rclnedytte establishment of
National Institution. which will a currency of
uniform value throughout the Unian ana which,
unlike the Sub -IIeasury, instead Of making up
the State Banks, will act In harmony With,
while II at the saine time controls and snstains
those institutions. Next it treats Of adequate
an for economical administration Of the general
government. intending that tins revenue should he
derived exclusively from duties imports levied pr
marly for revenue, but discriminating upon the dut
able articles to Afford incidental protection domestic
productions-and utterly abur;ng the policy Of Direct
Taxation oppressive and odous in itself, and at war
with the genius Of the Fedtratye system Denying,
next that the Public Lands constitute le.i,inatci any
part Of that rersat9, (he constitution in terms dsclaim
rbu'ion. devon. large portion Of the argumen, under
this head to the coisutonalty Of that tcy, which II
establishes beyond the reach of cay aud then brief, dc
,nonsratcs It's cxpsdcncy, by the recapula,ion Of
few OF the many considerations which may be urged in
defence of the system. The "Oac Term principle" is
then discussed, connection with the patronage and
power Of the Federal Executive and It's Importance is
shown by reference several prominent instances Of
-. & IL II
promoting the re election Of tho incumbent of the Presi
dental office. 1t is next shown that the Bankrupt Law
Of the Extra session is not "a Wing measure" and
that the provisions of that law now most objected 10,
previous to that Extra session, sustained and vim
Dictated by leading mchers of the opposing party Tho
assumption Of State Debts, either directly indirectly,
cmpalically condemned both on ground Of constltu
nay and e>pediency and the Address closes by the
nomination of MI Clay the Wing candidate Tor the
Presidency, subject the decision of the Wing Nation
al Convention proposed be held in Baltimore on the
Sd day Of May, lS4i
a motion 10 strike out that portion Of the Address
which refers to tho assumption of State debts was neg
atiyed by the committee ahich drafted it, and though
repeated in the Convention. was withdrawn by the mo
YER, from the manifest determination Of an overwhelm-
in. ms1rity to il down. 1t is proper 10 add how
motion to strike il cut. ayowed their opposition to
any such proposition, but did not believe tia,
issue between the parties, upon which the Conyen ion
was called upon 10 express opinion al all, and there
fore that ii irfeayen, & unnecessary That portion
If the Address which closed with the nomination Of MI
Clay was received with burst applause three times
repeated. Which almost shock the walls Of tic Capitol
Ii the " higs throughout the State will only ach Iii
,f,l,.
here-fhey will. looking only the great principles
at stake. aud al the momentous consequences involved
in their triumph overthrow, lay all personal and local
prrudiccs common altarlf, casting their EYES
round aud beholding ruined country appealing 10 them
FOR restoration to its former prosperity. they will resolve
make vigorous and united efor, to restore
the eins Of government to the hands capable
men, WIN, eschewing all GOVERNMENTS" will aS-
here to the old paths in which Republican ia
theirs rod all viii vet be WELL and beloved
Try, rescued from the hands Of empires aud qpacks will
quickly tina, enviable position from which has
been hurled by the maduess of party. !, is for the 10
say whether arousing from their letbarey. they will
vndicate the capacity of Republican institutions con-
fer blessings those who live under them whether
rensinue supne and lisess they will force the
conclusion. tina, forms of government unimpor
er despite or liberal in its character
"Ihat riich is lest administered is Lest
On the same day that the Wing Convention met here,
similar assembage convened in Harrisburg, the me
tr,pos If Pennsy ,ana,-and there, here. one
of the largest political gatherings tina, in that
place, consisting, although no effort made 10 pro
cure large attendance. nearly thousand delegates.
Unprecedented zeal and enthusiasm cxhibcd-and
which, letter from Harrisburg says. was "in adm
rabe with the codncss smothercd i'll WILL and
calculating stsness, apparent in all other political
Conventions for Buchanan, johnson, &c. which have
been held here within the last few MONTHS
The proceedings of the Legislature you will fully
reported in the newspapers Of this place. On Friday
last, the Senate the surprise Of very body, after having
rcfns ed To amend in any particular, the bill laying oil
the State into Congr ssonal districts, rejected the bill
Itself by of IA to Ia fuc Locos roting against
IT, 1t is supposed however. HAT ii will yet be
sidcred and pass D il its present form Monday
That is my impression. But il that shall not be the
case il is mpuss lie to conjecture the final result The
General IItkd system is thrc2tened-which in add
tiun the objection that it would violate the law Of
Congress- would rflcc,ually disanchlse the minority
and place the appointment Of members Of that body in
thu hands Of a biennial State Caucus. Should the bill
remain il is now, the delegates from tie several conn
ties composing the Campbe district, in attendance al
the late Wing Convention, (and the Proposition should
the bill pass. will appear in the Wing Immediately
H.. d.e