Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1831-05-24
70 tie ESupss IF TIE Morning chronic'r,

Sir-If am anxious upon any ono point more than
another, III my correspondence with the Morning
Chronicle, ii is th1t of preventing Your readers from
bcrr deceived hy false statements real
position. This truti,-toing system is not always pop
aldr with the readers If newspapers. I an aware OF
t', and ye. lSlel pursue my own system I'VE. When
end when truth makes against our cause tell the truth
from sense of~du:y In my two last letters have
cautioned you not to believe in the various accounts
which would reach YOU of the stability OF the late rise
III funds. told you that tho whole affair was
Stock Exchange trick. l cautioned you not to be led
a5triy by the iicticn-nnd then told the truth
onin.t cause although the friends of liberty were
caio!cl believe that the rise solid und lasting,
now will tell the truth when that truth is for
cause, in asserting that the fall i'll the Funds. which
has succeeded 10 the rise, proves nothing against the
Revolution Of July, against the credit of France
against the real value OF the Government Securities
From first 20 last il is affair of the Stock Exchange.
The millions krApw nothing about it. The millions
therefore, not influenced by it. 1t changes event
clears away difficulty, establishes propositions; but
-, from first TO last immoral attempt to tr'ic with
the credit of France, ana wi-h the easily entrappet
confidence of the ulnitiacd; and IS immoral, I'M
patriotic, and infamous proceeding
And now let ne first OF all state, that believe may
with truth affirm thut the Government hs been no par
~ the transaction that Minister of France has not
lent either his aid the Public Treasury in any way
whatever TO this proceeding; but that has been base
attempt the part of two contcnding parties at the
Boursc to each other, and TO induce the public to
place itself il their position by purchasing their stock
~ high price, which they bought IT much lower
1t is Clearly and distinctly aStock Exchange
conspiracy l mentioned TO you IN former letter,
that certain persons had consprcd together 20 ruin NJ
Onward and his party; and now NJ Onward and his par
ty III return, conaprng 20 ruin those who brought
lcnos u high prices the faith of tie rise being
real one. During the whole OF these spcculations
nothing really is changed. Peace is by no means so
probable, even as it was week ago. The political
cr!zon is still blacScr, and but yet in the
sYring of year which will be marked with events of
fhc most extraordinary momcntous character.
II is only for me 20 present you with the fluctuations
OF the last few DAYS the Paris Bourse, i'll order
convince You Of the gross immortality of these spocula
frp. N.ln, !, # iln Stn Ike tn1
ways to be taken an index Of public opinion.
For example:
On Wednesday, 9Th April, the Five per Gents opened
TT 76f. Soc. closed at 7Gf. 5Ac--No difference.
The Three per Cents opened u. AZ. 75c- closed at
l1t. SIC. No difference.
But on Thursday, 9TH April, without any reason
whatever for alteration i'll prices the Five Cents
opened at IF 25c closed at 7Sf. 4Gc.-A difference
from TIE day before of , per cent.
The Three per Cents opened AZ ISL 30c.; closed at
i9f 50c,-Ditio.
AnJ on Friday, 9Th April, again without any reason,
Tie live per Gents opened at Slf lOc. closed at S2f
25c.-A di!tcrcscc of nearly i per ceat without rea-
The Three per Cents opened at 5lf; closed at 51f
15c. \ rise Of 3 per cent. without roasonN
AGAIN. Saturday 9th April, the Five per Cents
opened 65t.; 25c. closed at eff 5Oc.a rise from
Fridays prices of more than per cent and yet with
cut
The Three per Cents. also opened Ut 55:. Soc. clos
cd at JTf, 50c.-a rise Of nearly > per cent.
And finally yesterday, Monday, iith April, the Five
per Cents opened 69f. 25c.; closed ~ 81! 25c.-a
and both rise aRd fall without reason.
And the Thrseper cents opened at 59t rose to 59f
90c. and fell to 55f 25c. and afcrwardto 5lf 5Oc.-a
rise from, Saturdays prices of24 per cent, and then
fall Of 81 per CT. and without reason.
Now l call this immoral. Ssch rises and such falls
tend to dcmoral!ze the public mind-to encourage
gambling with the public crcdt-and, if invented by
tie Carsis and Royass to lnure and ruin France, is
scandalous and base manGuvre, to which no honest
should lend his name, and from participation III
which every patriot should stand aloof.
TO day every where fall in the Funds is announced
and large bets offered that the Five per Gents, will
fall to 15 au! She Three per Cents. TO 45f. IN the
of the month Well; and what then? Will
France be the less rich? the less capable of meeting her
difficulties, and surmounting them! No answer Il
thousand times No. l have devoted hour to this
subject, because I would tsabusc the public mind of
any conclusions it might be led into, dis
posed to draw from these sudden and erroneous
IBcns i'll the prices of our Rontcs shall not howev
very often devote much Of your time mine to such
ioUics-but have done now, i'll order that i'll the
OF similar fluctuations your readers must not be
led away cajoicd. If they have confidence in the
King OF the Ercmch-in the French Chartcr--in our
order of things, and III the ultimate triumph of the
eflibcrty in this country, funds may be dcsir
able an Investment lfthey have not such confidence
let them retain their capital wherever it is already
placed Bat under circumstances III the present state
~ affairs, and of the immoral state of Stock y
change should they be Induced to speculate in these
funds; for, although they be wise Barring, OF as
willy Kohshid, thcy Will in the end lose their
ClptIl and loee their tompers. From this painful and
annoying topic let us turn TO ono more PlcasingI
GOOD NEWS FROM POLAND AND THE RUS
SIAN FRONTIERS!-rhe good news from Poland,
which l referred to i'll my last letter, has been officially
confirmed / told you that you might place confidence
in the reports which had hccn spread, now tell YOU
the other hand, you must receive with suspicion the
Intelligence of further victory alleged have been
gained at Grosno in which it is said, that the corps of
Cen Gcispiar has been destroyed, and 5000 Russians
made prisoners and 20 pieces of cannon taken from
the enemy. Fcrventy do pray that such intelligence
may he also confrmcd-but at present receive such
with suspicion.
We have enough however, of coed news that Is
certain and positive to excite satisfaction and low
Fhc reports from the head quarters of the Polish Ar
ly win have PIT you in possession of the latest and
most correct information.
Not only, however, have satisfactory intelligence
rom Poland, but tho which gave with tremb-
lg in ny last letter, of instruction i'll TitIluaJ,ja
aipcnrs to be unqucsonably confirmed. II has assunl
Cd d serious character. The Official Gazette of Berlin
ny favorable 10 nsIrFcction, and by no
unfavorahlc 10 the Emperor Of Russia and the
Of d,spos,) states that the Russian authorities
oi GcorEcnburg had arrived the Goth ult nj Sm1lcn
KEN after having been obliged by The populacc to eva
cuate the city The dcpo' of army of Roscn had fallen
III the hands of the insurgents Letters from Tisit of
the 3Jt Of March announce that 200 mon of the Rus
sian troops Of infantry md cavalry had been oblipcd TO
seek refuge in tho Iru5san territory and were ex
pcctcd Il Wish,vick.