Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1816-09-21


classes of this country were actually in
state of great distress. This position wa
strongly objected 20 by Lord Cochrane an,
several others, on the ground of its con
taining a false representation of the caus,
of cur present difficulties. 1t was not
these gentlemen cent? n,led, the transition
from war to peace which had caused on,
present embarrassmeGts, but the prodigi.
0us expenditure and accumulated burthens
OF the war itself. The peace had not pro.
duced our distressed situation it had only
laid It open to pubic view. All tendency
to political discussion was strongly depre-
Gated by the chair and its immediate sun
porters; but il was replied, that the ad,nix-
tuse OF pnlitical topics was began by the
chair Itself, in the assertion convened in
the Grst resolution Lord Cochraue moved
I'll amendment to this effect, which after
some discussion. was withdrawn. on the
Objectionable words being expungcd from
the resolution.
Undoubtedly it is-true, that great part
OF our actual difficulties arise from the per
manent burthens entailed on us bv the
prpiase expenditure of the war: but at the
same time it is not TO be denied, that our
suiferings are more immediately caused by
the new order of things wnich state Of
pease3necessaiiy introduces. The mis-
chievous policy of Bonaparte, alder, by our
maritime supremacy, had enabled lis to
monopbiize nearly the commerce of the
world; and this state of forced and unna
tural prosperity, the value of muuey and
OF labour our public and private expend-
ture: our debts and taxes had gradually
accommodated themselves. Peace has re-
stored commercial circulation to its old
channels I; and we are now in that state OF
pain and suffering which is felt by HUI
man body on the sudden return OF circula-
ton after suspended animation. But un-
happily, though every thing else in this
country is gradually finding It's old level
our national debt stiH retains its vast and
prodigicus bulk, and will not at all quad.
rate itself TO our reduced scale. The bur.
thens of war, therefore, remain with the
profits of peace. The artificial strength
which enabled US TO bear them, is gone
This, we should suppose, is proposition
too self-evldent 20 bG contr0verted but IN.
fortunately, a Knowledge of the nature oil
our disease, will operate but little in effect
ing cure. The remedy indeed. is more
easily seen than adopted. Our income. il
appears, SO lar from increasing, is rapidly
diminishing: and it is plain therefore, tina,
II we do not reduce our cxpcnces we mus
stop payment.
The weather has materially improved
during the present week, aud we arc glaC
to lind that great deal of hay and clover
IN this neighbourhocd has been secured
The crop, we believe, is uncommonly hea
Wy, but we are afraid that much oft vii
be found damaged, aad that, from the late
ness OF the season and the dry weathe
which may now be expected, the after
grass viii he very deficient.
The Aigerines are removing their valua
bic property inland. under the apprehensi
on OF a bombardment. Since the 23d o
May very great alarm has prevailed a
mong them.
Ii has been officially announced that al
expedition has sailed to take possession 9
Senegal, and that merchant vessels ma,
freely san from cur ports fol that colony
Its estimated that the sum spent il
France, by English, Scotch and Irish visi
tors, does not amount to less than 10 MILL
0ns a year.
a Dublin paper says--s most uuex
pected and ruinOus failure in Dundalk ha
been the subject of conversation in the m r
camille circles. One of the parties. statet
to be insolvept, was heretofore consihere,
worth 7O00l. year in landed property !!
An unfortunate accident happened "
Friday Bight at Vauxhall Gardens to Ma
lame Slchi as she was dancing on th
tight rope, which is substituted for the cas-
cade, she fell, and, We are sorry to say
some OF her ribs are broken.
The German papeIs slate that Madam
Layaette is now at Munich.
\ letter from Paris, dated on Saturda,
week upon the state of commerce says
That the staguatioD continues colOnia
produce is in little demand cottons hav
fallen in price & c1ff' es are in no request
but sugars have experienced SLIGHT in
crease. The pricesO liquids are very va
rlable. There are feeble hopes of a goo,
vintage. Hence the posscssors of brandic
aud spirits karp mp the prices, OF refuse T.
sell. II watm Weather should come, ant
be a0y continuance, these prices will iii
mlnlsh considerably. The temperature o
the last fortnight in July will DC decisive
The magazines are iuiI.-There was somt
want OF foresight in the system followed il
this respect. Merchants are eager to pro
cure goods without ensurlng a sale, an,
the sacriFicesrequired of the Ftcnch people
having necessarily diminished the co1sump
ton, all spcculations have fallen in value
The resnltthough natural one. has alarm
ed Inc capitalists. and made them boar,
their money. Hence the crisis that is Eel
at present, which affects equally whoiesal,
& retail trade--it would be curious TO exa
mine the cause Of this crises, being com