Martinsburgh gazette. [volume] (Martinsburgh, Va. [W. Va.]) 1810-1825, 1823-07-10

uclD1liODs, tncV can COiBpcl lnOsc
banks to cease their opeI atoms, or to
close. That the bank ofthe Valley in
Virginia and its branches, and the
Farmers Bank in Winchester, sIlould
be singled out as the Insulated objects
of hostility, whilst no such measure is
pursued towards any other inland
bank in the country, Is without paraf-
lei in the United States perhaps, and
justifies the charge heretofore made.
What would one think if number of
merchants were to combine their capt.
tai and ingenuity to ruin one of their
fraternity, because he participated in
the same trade, and was competitor
for share ofits advantages, and for
this pnrpose that they should purchase
/ up his paper, that they might make a
run upon him; and, although he was
able and offered TO pay them in the
notes of good solvent banks, that they
should refuse, under the pretext that
it was not legal tender, for the pur-
pose of suing him, and to have it pro
claimed that he had stopped payment
and was broke, and thus destroy his
credit. The conduct Of the Baltimore
Banks towards the Bank of the Val
ley in Virginia, and its branches and
the Branch of the Farmers Bank in
Winchester, is much the same as this
would be. We leave it to the public
to apply to this its proper epithet.
That the object of the Baltimore
Banks is what has been stated, is
proved in this: that they refuse 10 re.
ceive any thing in exchange for the
notes of the banks thus assailed but
specie, or the notes OF the Baltimore
banks, rejecting the notes Of all the
banks in the seaports or cities, which
they are on all other occasions glad to
receive. When war is thus declared,
it is necessary, it is proper to retaliate,
if It can be done. 1t belongs to every
disinterestcd person to view with indig
nation such selfish, Liberal, monopo.
izing policy. Ii belongs TO those i'm
medi ately interested. who are all the
inhabitants of the Valley in Virginia,
and Of the country in which the banks
assailcd are located, to return upon
Baltimore her own measures. a non
intercourse should be determined up.
on with that city. A resolution ought
to be entered into by all chose residing
in that section OF the country, who
have hitherto dealt in Baltimore, and
carried their commerce thither. which
no doubt amounts to sum much a
bove two millions annually, to DO so
40 longer, but to go to Philadelphia
land New York, where the greater
cheapncss will pay the difference in
the carriage, and more, lnsomuch that
many of the merchants from this sec
ton do prefer those markets at the
tpresent time, shipping their goods
round to Alexandria. 1t is necessa
Try that these retaliatory measures
shoold be resortcd to: Because, al
Though there is not much danger of a.
ny permanent injury to the Banks of
the Valley, or those connected with
them, their capital being more solid
than most others; yet these Baltimore
measures may make it necessary for
the Banks in the Valley to curtaiI
their dealings which would be an in
Jury more Or less felt by every person
in this section ofthc country at the pre-
sent time, And, moreover, it is said
THAT one object ofthis Baltimore meas,
lure is to paraIyze the efforts Of the eiti
IZcns in that fertile section of country in
which the Bank of the Valley and its
branches, and the Branch Of the Fer
mers' Bank in Winchester, are loca.
tied, in aiding and promoting the max
ling ofthc Potomac Canal.
1t is recommended, then, that meas
urcs be Immediately taken to come to
an understanding on this head, that
we may prepare for the trial, of who
can Go the other the most harm.
ROWLAND.
A paragraphs circulating in most
Iof the newspapers throughout the
Union, purporting to be an extract of
alettcr from Washington, and import
ing that the Russian Imperial Ukasc
OF 4.l6 Of September, 1921, had been
revoked. This statement is not cor
rect. We understand that, at the pro
posal of his Imperial Majcsty's GO
vernment, recently made, the Minis
ter of the United States at st. Peters
burg will be furnished with powers