Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1844-10-28


has been turned in our vnr; sinee the passape of the
'aun OF I, our mpats OF sprcie having exceeded
eNpiris samtlhiug near S22 100000 The effect OF
lhS oga importation al specie ia seen and felt hy all in
The hetered conduit n II uur currency 81 mnch So In
tact, TINT the supporters VI Mr. Pix confidently assert
we never had better, and argue lm this that trre
Is no necessity rra National tank Let us SEC the
pusliln Which The candidates ir the Presidency resners
ilyely o'rnpy upon THIS subject, Tho poson of Mr.
lay IS easily dchned. Ia letter to T. j. Cope of
i'usAafg dated the 29h Of June 1874. he SAYS: Il
have every whore maintained. that III adIusnl Iatn
9f hovonae Determinations ought TO be- II, de r prnlcc
itoii hat thu Ialt III 1872 has opera ed beneficial
" aud thai am utterly opposed 10 It's epean rhrta.
lore those Who wish Ia understand Mr. Clay upon The
subject, have only Ia louk To a 'Iaur of 1872 The
position ei Mr. Polk easily understood by Those wha
wish 10 understand IN mn address 10 The people ii
iennessee. dated thu 2)Ih o May, 1913, aud Wrillrn
while he vas candidate for the office ri Governor ol
ihai State. he says Il had steadily during the period
Was IN Congress, been upplsrd lna protective policy.
rs my recorded voea and published speeches prove II
The present ednYaas ia Governor. Ind ayoWol my ap
pespr Ia The Iaii, aet of the late W hin Congress ms
being highly nrureve Ia s character and no Designed
ny ls authors rs reve nae had ayuwod ny
opinion III nY public speeches. that the nieress the
eauntty-and especially Of tho producing Snes,-fe.
qnifed lis ftpeali aud upon annth,t occasion he Gays
i am III atnr OF reducing tie duties Ton imporls) 10
the m'esoi the Compromise Aci, Whero the y ha Con,
ntess loaoa lhcm on tic 3Oh day ct luhn. l8l2."-
iiete. we have MI Folks fald plainly aud explicitly
SCI "''oi 'aai Is To- aaY "a PER cent al ya1fem duty
' o'a '''' "' t1e lnp'fs Gaming nla TIE Ldltad
'iale', tue hlm'n ifea o day. LIT ~ my sea what
tg 1917 'e Us o'''h carried Out 'dans the Year
ISL. we. have eern that m inplrntion of Si2I.
9faNuO, NJ received 3lA. I6S 900 revenue, then car
~ ou' MI Folks farm doctrines. and We must I'm.
nr'' ''oialiy' s'naihth2 ihe 3tlloJ}o1 - worth Of
ie'en So5, ~ oiaat 10 G'I revenue sufficient 10 dc
Tray The expenditures o ti" daYefnmen, aud pay the
public debt Ihs Waul, indeed, he Il dellahitul statn
u uh4s, WIN the f'h o foInre smut against our ag-
aeol'nIal Wddncls--ous manufacturing establishments
'on Out OF existence. ana continual diam oil the pre-
el"uS metals To iaN oil TIE eeuf'nuus balance OF the
'fado lhal would be against us-We would SON be Re
um'u 10 u s'Ale % dependency upon Hfeai hIian al
hos II ho quite equal 10 Iha which existed prior 10 hr
revolution
those, ihfn. who wish 10 see this state Of things
brought upon the country can yoe Tor Mr. Polk. how.
aver am mol nne OF lhia eHss deste the Iarll of ~
10 remain IN tall and saluiay operation, and therefore
'hall vote iaf Mf. CLAY.
The question Of .Adiona BdHk has been often
leensseJ that my remarks upon This subject shall be
met The inst Bank bill was passed by Congress. in
lfJl, mud approved by Gen. WASHINGTON after the
must mature dei5onton. This was IN the pure days
Il the Republic. aud heiote the division aud organi1-
on 'i parties. 1t was supported by many eminent men,
Aho Afterwards became members al both the federalsl
lnd Republican parties. An instance Of this was scen
IN the fact. that ihfdgc Gprfy OF Massachusetts, n
warm friend and supporter Of be Bank in ,19l was the
Republican candidate ior the Vice Presidency the
iehel with Mr.. MADsos. IN 1912. The second Dll
however, TINT pasSed III 1916, was after the diysiun OF
PARTIES. u WAS then recommended and on It's passage
liif'el by the Republican MADISON IN tho House
n Representatives. the bill WAS passed by yato Of 50 10
i. Otile 80 men who vulod Tor H. 1G were Hepub.
eahs and Al Federallsls. In the S,uae, the vote
'tnod ar the bill, 2? against It, Il. OF those who ro>
led lJr The bank II Nffe Republicans, and Fed
'fa7lFi u those vino voted against It, were Federal
sis and Republicans. Auung The May distinguished
Republicans who Advocated aud sustained lie t assure
II different periods between the expiration Of the char
ef Isl aud the passage Of the second IN 1916. We
'oiico the name Of John g. Calhoun VIM. Lowudes, |
W NJ ~ im"iurd, Alexander j. Dallas < Albeit Gala |
III. Yet. sipnge as 1t mny appear. th all these facts
,iafne them IA HE lace The uodein Democratic party
lenounce National Bank Us Federal measure, and
Is slppufleTsas tedeialss.
II Is also enncndod that BANK uf the United States
5 unconstitutional This question was at one lime con
adtrcd as settled; bat modern Democracy have. some
low or other. got Inn pus9 ssiun Of light the
nbIec, and with uhe accord override Udsiington If
eiaon, idd0n, Jachson aud all The other great names
We have menlloned. This question Of cunslltelioualy
o my mind, resolves itself into this: shall we adopt the
Interpretation put upon his instrument by those who
made IT, with George Washington at their head. or be
,nded by the picayune politicians of this dav who de
lounce every hing They opposed to- unconstlin
l1hlI In such dilemma Who Will hesitate where 10
house
Gen. NAsuNGroN signed the bill Of i7gl. Mr. jEF.
'GasoS, llstfuc al that Time opposed It. bat after
YARDS when ho became President 81 the United States
az signed ha excluding branch 81 that institution 10
he territory Of louisiana and IN reference to this par
icular aei, Mr. Jefferson says II have waived my up-
cions lua Bank aud The ptoof that did no. liesn the
gtfl To, ,,t, 4 q.