Staunton spectator. [volume] (Staunton, Va.) 182?-183?, 1831-12-02

brts been stored an shipped 10 Rivamona
anu about 90 GOO bushels of heat have been
purchased and ground at a neghboring mill;
making an aggregate value OF, at least 1926,
0cOi and when the Tobacco inspection.
which has been authorized by law, shall 20
INTO operation, this amount, will, no doubt.
be considerably increased. Already the
number ofhogsheads shipped hero, annually,
Is about 600. The sales of Goods during the
same period may be estimated at $3.50 900
10 ioO,OOO, making gross amount of trade
equal TO nearly 500, 900. To carry on this
trade, The Scottsville merchants have TO bring
thelr money in notes and specie from Rich
mond. They cannot avail themselves of the
convenient mode transporting money, used
IN towns, (where there is mutual exchange
oil commodities by Bills Of Exchange for.
as they are all engaged in the same business.
OF buying produce and sending it down the
river, and as they purchase but small por-
tion OF Their supplies of merchandise in Rich
mond, draft on that city can rarely be me-
gotiated. A some seasons of the wear the mo-
ney daily required for the Flour trade alone ia
IRON $4,000 TO $4,000. Hence, the mer-
chant must either keep large sums of money
ld'e, or be subject 10 the expense and risk of
frequent trips 10 Richmond in order to meet
the demand for Cash. Ifthese statements be
correct, (and we have endeavoured TO be &C
curate,) 1t will require no argument to prove
that there would be considerable demand for
money on discount: and, if we may be per-
nllted to offer an argument founded on tho
interests OF the State, as a stakeholder, wa
nave no hesitation in advancing the opinion
tnat = IoO ,OOO might be judiciously and pro-
J'tdoty employed here i'll discounting good
paper Thus far we have limited our views
n ,feto al.
out inns trade is rapidly increasing, burdened
as it is, with the Inconvenience We have en-
deayored TO point out We would here beg
leave TO refer 10 the fact. that when 1.-TWO
years ago. we presented petition to the Le-
glsiature ior Flour inspection we stated it,
as our belief, that from 10 900 10 Is 900 bar
refs oil Flour would be brought here, annu-
any The quantity already exceeds 30, 600
barrels; and should our petition be granted,
we hazard little, in expressing the opinion,
that IN two years more, this quantity will bo
doubled. Hit be asked why we expect such
immense advantages from the operation of
Danklng capital, we reply, that, apart from
the general impulse which Bank accommo-
aailon IS known 10 give to trade, wherever
II Is Judlciously dispensed, cases have como
within The knowledge of some of your petit
TONERS, (and We doubt not, there are many
IN the Valley, have carried their Flour TO a
market cut of the State, because thew wished
to hold II and get advances on it, which they
could not do here; when Scottsville in every
point OF view, would have been the most con-
venlent and desirable market.
heretofore, we have considered the advan-
lages OF Bank agency here, as merely To-
cal but, we think every thing which is
calculated 10 promote the prosperity of Scots
VILE, IS deeply interesting 10 the State at
large 1t forms the connecting link between
large and productive portion of the Valley
and James River. Should its trade with that
part OF the State continue to increase, bet
Ter communication than now exists, will I'M
doubtedly, BIO made. Our trans montana
brethren will no longer have reason to COM
plain oil The roads, which are "dirt in sum
mer and mud in winter" And ifa rail -road
or even good paved road were constructed
from Scoltsyille 10 Waynesborough, tho
Trade from that section of the country would
not he diverted from this route because this
Is It's natural channel, and would furnish the
cheapest and most convenient mode of trahs-
portatIon Tor its produce. BY granting our
petition we think you would promote the i'm
proYement of James River. The tonnage on
your canal is already much increased by the
trade OF ScotlSville. The tolls arising from
this source, we estimate at about
and If our expectations should be realized,
(and we think them reasonable a much
greater increase would accrue 10 IT.
with these views, your petitioners will
leave their application before you, confident
that your honorable body (whose duty, and
whose inclination it has ever been to exer-
else parental care over the interests ofevery
part OF the Commonwealth will see the ne
cesslty OF legislative aid TO foster the spirit Of
active Enterprise, (not of wild speculation
which now characterizes the inhabitants OF
Scoitsyiile, and TO encourage the growth Of
ITS commerce ; and that you will grant tho
relief they ask at your hands, and your Pc
tiIioners will ever pray, &c.