Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1845-08-11
Gle EnnrhDurn 2ttr1im;am.
no yDaK. .1UGUsT II. 1875.


P,tsidea Pah's aai Secretary Uaiker's Past and
Present piers an The Sal Treasury.
We stated. IN our last plper. thai had been official
~ annanncel TINT Pssid,ul pix anI his Secretary of
the Treasury, t b.n1 the especial province Of The bat
ter officer to take charge Of all matters Of foance en-
silar themselves bound. by the language Of the resola
tians adopted by the Baltimore nominating Convention
n May, 1871. 10 or9e upon Congress. at lis nesi SEES
son. the revival Of that great measure Of ID iyeance
and Liberty" the Sub Treasury measure. which,
although asserted 10 be naturally congena to Rrpab.
can institutions traces It's paternity The Despolisms Of
The old world, oi which it is every where Necessary
appenlace, anI which exists m lis simplest aud mes
energetic firm wherever the will Of the monarch is most
absolute. and popular rights most unknown and where
consequently Credit the legitimate offspring of Free.
DOM Is least appreciated II is MT our purpose hnwey-
er at Ibis Time, to dwell upon the enoniles ola system
which has nothln, to recommend (which bears the
brand o It's odlous origin lis very front the
effects of which, during its brief existence in This coun.
Try. lmperiecly executed it was were 50 disastrous
We reserve Thai task for more fitting ccason herear
ter when the public mind shall be more alive Than il is
at present To the political issues in which, antwiisfan-
ding the general apathy upon the subject they have
deep and abiding interest.
The Executive Paper, in Announcing the intention of
the President TO urge the revival of the Sub Treasury
TOOK occasion 10 remark 1--WE presume for the purpose Of
removing all doubl Of their sncerity) that both Presi,
dent Polk and Secretary Walker had heretofore jealous
" sustained that scheme What Mr.. Folks course NAV
have been since his withdrawal from Congress- We are
not prepared to say But while member of the House
oil Representatives, he was conspicuous for his Jealous
u mol ahe) opposition 10 The Sn5Ireasury We pre-
snne however that, like the editor Of the Fxeculiy.
Paper himself he has yielded to the hard necessity i'm
posed upon him by party allegiance and finding that
he must be "kekd out of the party if he would not
consent TO be lash d back into the traces " he has zeal
"nsly sustained the Sub reasnty system since that ne.
fod In The teeth Of his own unqualified denuncia nns Of
the scheme, and his startling exposure Of its enorni.
Ties, which he may fluid recorded in the columns of the
ulobe-as the editor vi the Union il he has any appe
lite Tor such unpleasant "reminiscences NAV find his obs
ecions 10 it Ia nnously forth in the pages of The
Richmond Enquirer. How, with their graphic de,inea
ons OF the dangerous and corrnpng leud nces of that
scheme the President can now prayey recommend i,s
adoption. and his dor as rravely sustain That tecom
mendaon. would be incomprehensiSle. dd not the an
nails of political refrigeration abound with similar dis
ga III instances OF aposlacy fon principle by III cor,
uPt instruments of PARTY and the srvile tools Of power
Secretary Walker. believe, did very warmly es-
pouse the Subilreasury scheme soou as it was re-
commended by Nh Van Buren,, though like the res Of
his very plant and tracabe associates, he was opposed
to II until it received the mprimatw of the Federal Ex-
ecnve. II was rank Federalism befnre-bnt Then as
II by some magic stroke, it became suddenly converted
INTO test OF genuine Republlcausm For we find,
strange as the fact may sound in the ears of .lhe De.
mocacy" that ISOLATE as 1881, Secretary Walker was an
advocate of that great Wing measure, National Batk'
See the following letter. addressed BY him at the time
1t bears date, To George Poiniexttr his coea sue in
the Senate. who had taken bold ground against the Re
moya d, the Deposltcs from he L. $ Bank, and esoe
clally agans, the manifest though unavowed design Of
that Illegal and h2hhanded measure to embarfass and
break down that institution
NAreHEz, March Isl, 1881.
Dear Sir-As promised nj our partiny T., ri VIZ vnu