The Virginian. [volume] (Lynchburg [Va.]) 1822-1829, 1822-11-12
From .lfles' Beeslg r. .isifr. .Nsr

| oerd,lc Press, OF the 18th inst. saws" Al
the present iusolyent court for tine CITY and
county of Philadelphia, there were 500 an
plicants, Of whom 81 were opposed. the re-
manning two hundred and fiiy.tvo are ci-
ihcr discharged Or are disoharging without
opposition
So il IS, rhas been, in all our large cities.
1t Dos on, DUNG the months ofMay, June
ami July last. about one hundred capiial
failurcs took place, whose aggregate amount
was estimated at from tn $4,000. 900 -
Other cities haze equally peraus times,
and some ofthem have suffered more-"b,d
the cud is not yeti The fiery trial will be
ielt when the great amount of goods impor-
ted IN the present year. with the duties up
on them, are to be paid for. 1'hcn we shall
| have ShtdShiag--a tumbling down of the
lofty, thA ruin Of hencstbut imprudent men,
aud the triumph OF the base-Nho calculate
| on relief by the insoiyent laws rs part Of
their means supporting themselves in in
decent pfoilgacy and waste, The latter
unhappiy, make 50 large n portion of the
people in all our large cities MS 10 form so
cleties of their own--to All the ball rooms
and the theatres, and overflow with quaint
ties for dinner and tea-parties, whereat,
seemingly, the sweat and blood Of the poor
chiefly so into the formation OF what they
riot upon. AT the most fashionable places,
you may find men sporting with their fam
llles, who ought To bc occupied in saving
stone or making nails in The penitentlary.
These are the fellows who dash through the
law, intended for the relief of honest men
who, moi being able To do or TO swear anu
, hYI tb,
diiicGlt unless they have been very circum-
spect with their accumulation they cannot
make accounts TO suit the occasion
The fluctuations Of commerce and of
dealing men in our country, especially those
whose business ha, been ia foreign products
or with Foreigners, should teach us wisdom.
| 1t may be easily believed, that one half of
the whole number of thesr, become bank
rupts in every period of ten years. Their
Succession is more like the perpetual motion
than any that RcdhaeIIer thought of Mr..
Carey, in his late admirable pamphlet, says,
have in my possession Il list of the sign
ors to policy ofinsurance drawn in Phlla
dclphia ia 1893, amounting TO MlHy-seuep,all
merchants Of high standing, of whom hre5l-
ig-Seuen subsequently became bankruph i
have lately examined an exhibit OF the du
pcate flags kept at the Baltimore observa-
tory, made oct less than tow years ago,
which shows the flags and names of about
81 persons or houses, VINO were engaged as
ship owners in foreign trade and importers,
OF whom twenty-four have since became
bankrupts, and some OF them, | am sure,
! honestly 50. II is stated, that Il venerable
aud very wealthy merchant, lately deceas-
| ed, not long ago counted up mhety-aane
| persons or houses, vino had maintained
| Mgh standing in Baltimore aud failed during
his time. A like sweeping has taken place
among the second hand dealers in imported
! go0ds-thc wholesale or retail store or
| shop-kcepcrs. Let "A man pass thro' the
whole length Of Market street, and point
out how many of the present occupants ol
the houses we're in the same business len
years ago, and call to mind the mutations
that have happened during that period as
a contrast for these, lei hun look To those
WAC were engaged as manufacturers or
mechanics aud dealers in the products or
labor of oar o,cn country and we VII. not
find many of them missing, except by
deaths or removals unless they had aban-
doned their old business. These are plain
feelings of every man who reads then.-
They require no further comment than SIM
ply 10 say, that private happiness and the
public good-common honesty and the ge-
neral prosperity, cannot be sustained but by
"A reliance on Ourselves for the main supply
of our Own wants. Under the present Wild
state Of things, the government is one year
di3grdced for the want of money in the
next, the treasury ovcrfows. So, lndlvi-
duals to-day are riding in Their coaches and
commanding The hanks in a week, they
are not the rightfu owners Of wheelbar-
Tow, and the bauks regard them as deiunct
This is the fate of most of the spectators IN
cotton and tobacco, sc. have heard OF
many, and myself have known some, whose
wealth estimated at or 100000 dollars,
was melted down 10 nothing by small
breeze Of wind that waited a ship from IL
yerpool to port of the United States, with
intelligence from abroad. Yet pursuits that
produce effects like these, are they only that
are PROTECTED by governmental because is
deemed most cxpedient to deceire the peo
pie inl2 the payment oil taxes for lis support
perhaps that they may not too rloldly en-
quire into what has become of their mo-
ney.
In alIusion TO the my sterlons Porto RICO
Expedition, some notice Of which we have
taken, the Mercantile Advertiser says, that
If the troops have landed, as reported, it Is
not improbable that they have by this time
taken possession Of the Island. Ii is said
that the whole force consists of tlconty-tico
hundred men-aboui nine hundred Of whom
went from .New York, Phiiddelphia, and
Baiiimore They made SO noiseess an
exit, that, Ike poor old Lear's troop OF
horse, they might be supposed to have
been "shod with felt" in their departure
to skill, Kill, kill" We did not suppose