Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1844-01-27
" IIEELING DAILY TINES.
SATURDAY. JANUARY 81, Is4i
rll srhraEAsuRf rLrRA eGDtRALlN
ITS CHARACTER ANp srgFi RSlkf ot
raE FIRST PRINCIPLES OF DEMOCRACY

TIL FIRST PRINCIPLES OF DEMOCRACY
Tar origin 81 fhe.s aH.elrs. eas Be remafs 20
auf ssIana. ihaf fhc sab 'rsssaf Va oi'fa fserai
is ii. .bsae,.f T., s.ai me AFa, demaued
and a..afis.i Ihsl n NHs asfs, Wesla,ed ihai ne
casef would aa IA crush every ba.t in 10 lafe0.
i1 winch ai ma. s,iais If gealutss stafsd ~. snd
,n6s.as b.. sse. =. though be hsd 5ssi vsasa from
o long aa3 bos,f slcee. declared iaal here wee
aoi sari m lie ,ah.ft tuf, asaaf sfeak.af 'hc
haaAs Wei aeehs.f. saepase ~ .hsa8 pn'f
,ua If "a Tie iaH Fl ne eaaf losse aeal ha1 aHd
break geat ne-t b. hefug probably. fts gnis
harm taa roaIa sosisfn. -. % wa asai 'hsi end
Dr., faa would aa. o al year htsla. aui Ia r~u
sueps.s iau would ieeiats us nol fai'p aeeaas'
Ne da uoi ssY q Wori aheai bfeakfns yauf neel- 90
S. sHh Sub Treasury. abeu he masilcsf tasra
ola mra.ure af, ~ and -. 'he pabic dar' mo-
enquire whether tho language N which TIE iaN
uas eonch,d deslareS such desirs af not. h iAf
instance. horsset such oanssqueaees mFht be-
etrsesed And no leading .oprarets Of the btll Of
ias ams, seelafea lhs design.
W. bold ii 10 be proposition iha, cannot be
.acres.ioil, met HAT subifeasufl snj banking
system oannst co stiH 4 mas Of palpable 81.
deacs shows ihss. lon great fsr % 10 handle
prs.ea.. bat Ne sill ,saasase d mach As ne can
into = small eampas.
cot,6lero- ], necessaff 10 the eisienee ofhanlius
10. saul. 10 redeem Hhae,ef isnds Ia draw
.r.ce fata the ssnks e,eeri CO.. current use. lend.
TO ar.fey caa9Heaos ard sbfdse her uselalasas
A itN word. II .uGi,'s So eKpla.a has iha means
anI confidence vii b. AIKEN away in cases betond
90, control We viii suppose our assf'gas 81 fof''
100 millions. Or import, he sarnc Con,a - ~
cents IN Liycfppal, and srpsn 30 mhiloss o.
dolan worth. wheat crop ia8s 10 England
compelling The shipment nf large a.lount II haiisn
cor wheat. To the B lack and Baltic sca. Thu
'hip rent reduces the euuthcy in England causes
6 contraction by Tie hank AMI reduce. The rfee Of
esitoa 10 ~, cents We must Then erpau Is
milgus 81 specie TIN. afiiclc TOT export Command.
a pfemlam-ihe bank. are drawn upsn Tor Their
specie. confidence - lusi because BY the ncressaf,
contraction Of hanks 10 meet ihe demand ~ sperie
houses iail, commercial and banking credit zoe.
ioeesher 10 ~tsek. sad every man VIII be, n can
set speeie hnsfts up real treasure that ~ 10,
iad LIN. Whsn lie banks have sniy ihi. 10 can.
tend With. # .altly managed they can i've. ho,
bring with has The opas,anl drain If The ,u,trec.ury
--ihai bill q, pa..sd. having pfosided ihsl ~ lant
notes should be received b, government and the
banks would ..1n e. BY lie board
Tie government proposed TO receive nothing bat
specie and lreasay notes lo' lands ea,iams and
7lsiags Bank notes ihea. would not hay al hal,
Specie and treasury notes wauld bur. therefore 1ank
n~'es would se Of less value II la fourth q,
half per cent. me Indictment Woali be soaielssJ
i"i brokers 20 bay hem Up and dfas The spsele. &C.
eel 70 those who wish 10 pay lof land.. duae. ~
posl4ee. Now where would your hank. he. when
ihe htsi feVuision "a cofnmsne oams7 Wound np
80 money wiihsfawu and expended u Identifying
Residences. labor beng at p. cents DAY, or losned
10 those Who could give landed security at heavy
have We do not depend. a, We Nil show. nnon
our own opinions slane Ter lhis assertion. but arc
Wiling even TO take those 81 The f7ends Of The
neasa'e. 10 h. debate 81 The cub treasury bill IN
$50. Mr. Benton sad. 'Look a. hard money France
af an example Give gold AMI silver aln.
'Hys Mf Calhoun ia he same jebale .rutniehs,d
Money Cuba. sags Nf Tappao and Mf walAst. IN
he SANE breath aud through he whole Of III. can.
eel We heard The friends Of Mr. Van Karen declare
hat hoy supported ihe ,ub-lrea.ary because II
Mould break 40 he banks. anil. di.gnlse II now a.
hey vii. ihefe can be NJ rational daabl bar ih.i
~" thesf object Tais sieg - aah aeno-ratff -
" hif The neafef power is thrown 10 The seenl.
ne nearer Is government democratic Il beinr m
' N'a'es' It - mafe democratic Than IN The federal
cad. TIE siaiss have used the power 10 eh.rt.,
nd sustain hanks BY thu. mea.urs he fe5.r,l
o'efomenl "a gwen power 10 break hen IN Il
more ultra federal hsn The old federal d.r,,,,..
'e@'si'e' because II 'akes from The state, powers,
Inch The Old federalism. never ptaps.ed IL ieseh
'hs friends Of The ub'reasafy never eonismpls,,s /
. moment. 10 eandoe Their opera ions 10 N. mare |
'e Of gold and silver They CONTEMPLATED The u..
Treasury notes aud drOh.. II hey d,d not he,
'ad not gai along wiIheui them. because The
importation of ihe specie from The place Of recep.
IN 10 The place Of disbur, emeui. would be- an
'"en'e aud never ending tar uppn tie government,
he sreaiest aiGouni Of the revenues. sfe ,ee.,,.a
Ne" ffk' ~hil. very heavy payment. are mad,
Washing On. IA the west and at ,aftog, na.of,
The LAKES and 81 The s1alh. where not one d,lls,
revenue Is received. Therefore. The en,ir. p.~
specie i out Of question. and treasury nlle. VIII e
81 D. 'a'od as contemplated by The aaibar, or =. a.
meme Government The federal COVE rssaeu,. n,lI Z,
''O'As the great The only banker IN, .ho,, o'
'"'"s i''"ei OIL 'h'' 'as' country. NJ be o,ne.n. a
''ed "a lie ietst-! government, IA, ei,,.l :