Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1834-02-20

otaIHllnE 10 every
friend of the Union, have we felt tha,
doubt and dismay which the aspeet Of
affairs, at the present moment, 80 fear.
fully inspires. The mutierings of HE
storm are no longer heard at distance
of that storm which we have so
zealously labored to avert---it has burst
over our heads; it is sweeping away
the land marks OF our prosperity; and
unless a speedy, and immediate, interpo-
sltlon takes place, will leave nothing
but scene of ruin and desolation,
where, but few short months since,
was a great, a happy, and beyond ex-
ample, thriving community.
| "On Saturday afternoon, it became
generally known that the great bank.
ing house in this city, Of Messrs. S. 81 /
M.Allen, had stopped, and that their liza.
bllitIes were FOR I'm immense amount
an amount we will not venture to name
but millions. Their branch in Phil.
adelphia had also gone. We will
not attempt to speculate on the cunso.
quences ofthis misfortune. That they
will be deeply felt at home and aiaroT. is
but too plain. An excitement of the
most unusual character persadod Wall
street, IN consequence Of this event.
till evening. The business of the week
being closed, Saturday afternoon, is
generally time Of relaxation, and the
street is almost deserted. Not so last
Saturday: From the upper part of the
city, men returned to hear the particu-
lars of this new disaster: and little
knots ofmerchants and traders collect.
ed at every corner, in anxious discourse
on the evils impending over them.
The scene forcibly reminded Us of the
commencement ofthe Cholera; and we
fear it, too, is bnt The signal Of another
season of public calamity"
! From the Boston Courier Of February 6.
The speech of Mr.. Wright, in the
United States Senate, seems to destroy
all hope of any relief to the money
market, which might have been cxcit.
ed by the reports that an accommodate
ton, was likely to take place between
| the President and the friends of the
Bank. How far Mr.. Wright spoke
the sentiments and feelings of the Pre-
sident, we know not; but the general
belisf is that he did not speak without
authority. 1t is certain, then, that the
President and his party mean to carry
on the war against the People with de-
termned vigor--"War to the knife,
and the knife to the hilt." If that be
the case, it iswoll to know it at once.
If we have got to buckle on our armor,
and fight for liberty, property, and life,
the sooner we come to the crisis the
better.
FROM BOSTON PAPER.
Extract of letter from Berkshire
county, Massachusetts:
81 have seen nothing that sniis me
quitose we'll on the matter of the u.
States Bank, as Mr. Binnoy IS calm aud |
clear exposition, as far as il has come |
TO me; he treats the matter like a pa
triot, man Of sense, and gentleman
get it wiH apau nothing. The only
hope rests in the Bank itself, continue
ing quietly yet firmly TO take care of
itself, and leaving the Nation TO feel
the consequences. 1t presents the re.
markable anomalous appearance oil
great moneyed institution standing
forth as the barrier between despotsm
and civil liberty"
From The Nec Yorh Star, Feb. u
"Hard times, are they notl' obser-
we'd one sufferer to the other. ayes,
hard enough, indeed when am COM
PEELED to expend my whole fortune in
paying my debts"
'Have you a $1,000 over to-day7"
said one Wall street friend to another.
"Yes, but it is so far over that | cannot
reach it," said the other.
"You are not broke, | hope," said |
one anxious sufferer to another. "No, |
not broke--only little bent"
From The National Gazette.
The sober and well informed editor |
of the Charleston Southern Patriot |
treats Mr.. Rives's notion Of metallic
circulating medium, as wholly crude,
and an illustration ofthe want of prac-
teal intelligence in Congress. We
have doubts whether Mr.. Rives be
quite so visionary, and deficient in that
kind of intelligence, as his plan would
imply. The suffering people are now
to beguiM with the hope Of some great
Interior and permanent good. As
they are in the swamps, and the Presl-
dent cannot brook the true and only
means of rescuing them, an ignis ia
tnus is deemed expedien,. A hard mo-
ney Government has begun to chlnk in
most of the principal Jackson papers.
From The Philadelphia Inquirer
FACTS FOR THE PEOPLE.
We learn from the beet authority, that
lihe nrnnrietnrs of one of the most extern.