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Editorial December 1, 1834

Lynchburg Virginian

Lynchburg, Virginia

What is this article about?

Lynchburg editorial on December 1, 1834, predicts subdued congressional debates due to the Bank of the United States' charter expiration amid Jackson's opposition, foresees economic disruption from alternative banks, criticizes presidential overreach, and hopes the Virginia Legislature prioritizes federal relations, internal improvements, and popular education.

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LYNCHBURG, DEC. 1, 1834.

The Congress of the United States and the Legislature will soon convene at their respective places of meeting. The proceedings of both will soon be before us. It is presumed that the deliberations of Congress will justify.

I presume that the deliberations of Congress will be marked with less controversial spirit than those which then agitated the country have supposed, from the fact that a temporary settlement has been made. The rechartering of that institution, or of the Bank of the United States, the monied monopolies, in the abstract, combined with the new Bank. The unpopularity of the existing Bank specially hateful to a large portion of the American community, have ensured its defeat. Under the circumstances which rendered the Phoenix shall ever arise from its ashes, it will be with the expiration of the charter, after the prejudices and passions excited during the recent bitter conflict shall have subsided.

When experience whose lessons seem to have been forgotten, made by its enemies to supply its place, demonstrated the hollowness of the promises that must be pet banks to be profitable, shall have demonstrated than that which we have possessed since its establishment, agent, and to furnish even a 'better currency' with a more faithful and less dangerous financial establishment—promises, which, like those made by the 'juggling fiend' to Macbeth, will result in the bitterest disappointment; in the utter derangement of the circulating medium, and in certain loss to the public treasury. We pretend not to the gift of prophecy; but, 'reasoning from what we know,' we are fully warranted, from the history of the past, in anticipating events to come. If like causes produce like effects, such is the issue to which we are hastening, and in which the war of 'the government' upon the United States Bank must inevitably terminate. But, we repeat, it is not now worth while to speculate upon the future. The Bank must go down, as certainly as the sun will to-day set at its appointed minute—and this being certain, we cannot suppose that the time of Congress will be wasted in useless efforts to renew its charter, or to repossess it of the legal rights of which it has been despotically deprived, or to compensate it for the injuries it has sustained. Gen. Jackson is now emphatically, what he some time ago arrogantly claimed to be, 'the government'—his will is as truly the law of the land, as though there were no Congress to check him—for a majority of one branch of that Congress, without whose co-operation with the other branch there can be no efficient check upon his conduct, are mere automata, speaking whatever he directs, denouncing whatever he opposes, and ratifying whatever he decrees. It will not be long, indeed, judging from the results of the recent elections, before a majority of the Senate will be of a similar character—the echoes of Executive mandates, and the registrars of his edicts. Why, then, should that body, during the brief period that will intervene before its political character shall undergo a change, throw any obstacles in the way of the President's designs, or attempt to carry any measure to which he is opposed? Let him go on with his 'Reforms'—until the people learn, from experience, that his promises have all been demagoguical expedients to retain power in his own hands, as long as he might, and then to appoint his successor. The airy fabric will burst all the sooner, if no impediment be thrown in the way of its inflation.

The Virginia Legislature will, we hope, devote some of its time to the consideration of Federal Relations as may be compatible with its sense of duty. The election of U. S. Senator, owing to the divided banners of the two parties in that body, will doubtless occasion some excitement—and therefore, the sooner the question can be settled, the better for the harmony of its own proceedings and the welfare of the Commonwealth. We really hope that the vital question of Internal Improvements, and the hardly less important subject of Popular Education,—both of which have been too long neglected in this State, will receive no inconsiderable share of legislative attention, and that both will receive that salutary direction and that powerful impetus, demanded by every consideration connected with the present interests and future prosperity of the Commonwealth, and the permanency and purity of our free institutions.

We forbear further remarks, however, for the present—the rather that we shall, during the sessions of both bodies, take the liberty of offering our views on the various topics of public concern, as they shall be unfolded in the progress of their deliberations.

What sub-type of article is it?

Economic Policy Partisan Politics Infrastructure

What keywords are associated?

Bank Of The United States Andrew Jackson Internal Improvements Popular Education Virginia Legislature Federal Relations Economic Reform

What entities or persons were involved?

Gen. Jackson Bank Of The United States Congress Virginia Legislature

Editorial Details

Primary Topic

Critique Of Jackson's War On The Bank Of The United States And Advocacy For Internal Improvements And Education In Virginia

Stance / Tone

Anti Jackson, Pro Bank, Supportive Of Legislative Reforms

Key Figures

Gen. Jackson Bank Of The United States Congress Virginia Legislature

Key Arguments

Deliberations Of Congress Will Be Less Controversial Due To Bank's Impending Demise Alternative Banks Will Lead To Economic Derangement And Loss Jackson Controls Congress Like Automata Let Reforms Proceed To Expose Their Flaws Virginia Legislature Should Address Federal Relations, Internal Improvements, And Popular Education

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