Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-08-22

esa51ish exac1y The conIrary
had been oIeoid The income from the customs posi-
lively exceeded the produced at the commences
ment OF the session; that from the public lands had dou
bed more than doubled what IL In the ceding
year; and the actual available funds in the Treasury
amounted TO more than eleven millions OF dollars.
awe have before u-,' exclaims Representative from
Georgia, IN the agony OF distress which brings the phan
ton Of Cesar aud all his tyranny before hs eyes-"we
have brio the prospect OF Gle pay
men,s" How has The prospect been ver6sdl Why
during the very climax OF this ginary suffering the OIL
fetal show there has been clear importation
into the United States certainly of than twelve
probably than fourteen millions OF dollars nsiver
gold.
The usual channels Of business with the South and
west are broken, cries an h norabe member from Con-
necucu- the risk OF loss the uncertainty and difficulty
oil remittance, aud the difference, ia tue local
pons OF business accepances Gu consgnments
are stopped One would think all nd;
ha, tho ocean NJ longer brought the products OF other
lands or bore away own; that the noble works
communication were utterly deserted. How tally plain
aes and figures with these coored for e-cl The
dnes ON imports Into ~ York in the first quarter OF
1888, S3.l22 600 1884, While this sad ruin hung over
ue iand 3,2i9O O2, an increase OF than 20,
600; Baltimore the been more than $40
000 at Richmond the duties have doubed at Charleston
they nearly twice much The foreign arriy ais nj
New York ia the first five months OF 1882 were 75i-
during the same period oil this unhappy year they
TO I95; at Boston they were, Tor the time year.
3I9-ths year they amount to S9I Sad evidences Of the
effect oil removing the deposiles foreign conmeic
But the channels OF internal intercourse broken up
Let see! How is il with the canals New York;
There are navigating it, 2453 boats being
upon the number registered last year of 59S Al Albany
aud Troy whose desoiate condition the Senator from
Kentucky especially the cearances yesr
have been S3i more thanthey 10 the same period
last year. The OF toll received Rochester this
year, in the month u May has exceeded the amount re-
ceived during the month last year, So 37S.
crease OF toll at Brockport, whose distress memorial the
Senator from Massachusetts presented with the usual mel
ancoiy picture, the Isl June this year 1900 more
than tina, day last year The property cleared at But
iso coming from the lake which the Senator from Ohio
described desert waste OF waters exceeded ON The
10 May, 1881, that cleared the year.
be than three millions OF pounds. How is with our
Pennsylvania The tolls caoals up to the LIST
thaa
last Five hundred canal had up
Iohst time Cotton has been brought, with RAJ
pdy aud cheapnes from the parts Tennessee
the warehouses oil our merchants Yeti was about e
ruin and DISSOLUTION OF this ourshinp her re.
abundant aud her works nobie that one OF
her own Representatives IN Congress- uniting in the
scheme OF political panic venured speak. How
with Virgina! Ia The midst OF these times OF dreadful
distress, the books oil subscription 10 The stock OF the
Richmond, Fredericksburg and Potomac Rail Road have
been closed, and the COMMITS ioners gratifying
information that than $3.50 o. once
ed; by November December next, il is believed il will
be practicable TO put thirty miles oil il under contract
January contractors i'll he able TO commence the
cu;ion Of the work. aud in three years will probably be
flushed TO fredericksburg How is il with our fair sister
The West: The tolls on the Miami canal were S4.II3
May 1888; they are So 500 in May, 1884 The tolls
the Ohio canal $l5 1856 in May, 1888; they are
i2o.23l in May, 1884; yet,-n the prophetic visions If
ongres these noble works described solitary
eserted.
Produce" exelams honorable Senator, abiding 10
re interior OF the State OF New Yok-produce has fallen
price" from twenty i've TO thry-threc per since
interference OF the executive with the public revenue;
M ands land 'seii The great capital oil the counirythe
IN which Tie vast proportion oil its property
as fallen, within the same time, 10 the extent re-
Give Ibis Information from The best sources, aud which
I'VE enire credit Here then is production OF the hole
ropeTiy oil the people, twenty five thifty-Ihree per
nj, strike OF! at blow, the quarter the
hole value what posse Sir is this toerabie
turn Gazette published the hood of this
isrrhc sceneand what do seei "a OF one hundred
recently sold in the Town of Cale in the coun-
o Wayne, Tor $50 cash; this farm valued
vo years ago by Two discreet farmers in the gIborood
be worth $50 increase in value in years,
Ia nj lhirIx ina
Wayne county, sold last all $25 per acre; the
nrchaser has this spring sold the farm for $50 per
re; increase in value in six months, 20 per farm
the town OF Marion sold this spring tor $50 per
two years was il valued $40 per acre; increase
"a value in two years, so per cent
farmer in Yates county purchased a farm at 80 600
hring the last winter, and offered Immediately
ards $1,000 Tor his bargain, being 33 3 per
irease III value. iarm in Jerusalem, Yates county,
.hich was valued last fall $40 per acre, sold
his month for SIG per acre.
Again: GLOW tender is the system-wtat danger OF
xpioson on any unioward evcnt is The fearful lore
oding OF the Representative from Connecticut, regard
the State Banks. We turn 10 the list of tn m
at the Union, and 6sd they amount to more than six
nndred We see all the energies brought bear
their destruction; the halls of Congress resoundne
,i'h expressions Of dsrus,; the newspapers advising
he presentation OF their noes; the Bank OF United
iates assuming an altitude untriendy, if hostile
iany OF them. Yet where is the tenderness where The
ypIosion! lew banks Of trjHing capital and mismanag
long before this terrible removal of The deposites their
cry names scarcely knownare all that answer these
nentabe forebodiugs II laws passed the ncorpo
aiIon oil new ones an a'acfity TO subscribe is eyuced
u'eIIy inconsistent WIN notion OF
ness, any danger OF explosion. observe, during the
very height OF these dangerous times evidences of conf
dence in them not 10 be mistaken.
The subscriptions 10 the stock of it Albany CITY Bank
amounted TO goo, being $642,000 more than the
amount ct IFS caPa the subscriptions stock Of the
Phenix Bank, in New York, exceeded three times the
amount OF Its capital; the subscriptions the the
Commercial Bank OF New York. amounted 10 81 300 600
nearly three imes The amount of its capital the subscrip
ons 10 the stock OF The Orleans county Bank amounted 10
$bSOZOO, exceeding its capital $3.50 ZOO the suhsrp
IONS TO tie stock oil The Sacke's Harbour Bank we're
about three times the amount OF its capital Indeed ie
low clzen there Is one Circumstance beyond all Others
that displays the solid credit and integrity OF the
people, II the in which State Banks have re-
sisted the panic, raised mainly them and TO found
more eiiscualy their ruins the overgrown institution
whose place they well able to supply.
Men could no longer fulfil their eng sgemenis BY the
customary means property fell in value aud bous ,pd
died, another OF the EXPLANATIONS of an honorable
Senator turn 10 The of our courts here and
md that The number OF iDsoven applicants in June 1893
was three hundred and twenty seven, in June 1884
was only tho bundled and eghty-six have no means
10 ascertain lon IL may have been eseW here but can
not suppose that the edsie victims and witnesses of the
panic are those who would least suffer its power
1t were easy 10 trace these political and selfish a,rmsts
through other errors equally gariDg; show that al no
period nave the resources OF country been ur-
ed and impaired; that wbaever OF partial Inconvenience
suffering has existed his which of ia who has
seen, as have under instances Of opors
sion and the effect Of panic, u.s. disposed 10 deny all ls
has had M origin solely in the ends aimed al by the selfish
coalition between the Bank and its political allies or i'm the
means adopted TO attain them But the task youId he "a
useless as II is tedious Why trace these msrepreseu,a
lions through oil heir petty snuosiiies when il needs b