Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1835-12-24

Il
ed the trohibtinn to only and two dollar hills
In Mi.>isSippi and Illinois. il is understood that
hills under I've dollars law not recently frcn
,ssrrd and Missouri has no bank issuing ills 81
any denomination. - ihat more dian ipu-tilfds
of the States have already nsae's ~ laws III eAs-
tcnce, on ihat subject, Of aigaly s1Iu'ay iend'
cy. Tie great lcncfis which have dfeadA r.
suited IL the gcucral condition ct lie currency
where >uel measures hasc been tested, besides
numerous others Ia IL security tie taaks ifm-
selves aud to the les meHefrd classes 81 seftA'
detained in the supplement II Tie last antu"i i'Poi'
fruin TIN. D. parturui. would >.cm Sufficient IL
ducomeni fer similar legislation ON tins Important
subject II al the state. IL sonlcoi thcm. "lefc
no law ha,r vet been passed 10 suppress tie en-
,nlaion al small notes, tn D. posltc Islks have
,plurfail, .n1ci,d rte arrangements nj ~ issue
certain al >ef.ptiuu> ol Item, AID most - III. DE-
pc>itr Rauk> EavC, ia Jurisprudence With tie
Department, oNjrcrd Il willingness Ia cooperate
in the suspension Of small notes, Whenever the
regulation Can BE- made general. The Treasury,
,o tai a. sccm,d practicable and Judi lens with
i,s present powers. Las .ndfayolcd 10 promote so
desjlabie end, net onl1 y m,itHilng III" lnqui-
RE, in thai CORE, purdenee, tut ~ instructions to
is collecting officers rot IL receive in payment
an, bills undrr FIVE dollars after the sob oi Sep
teinLer, 1885, ~ ltpreposc, TO 20 further IN
receipts FOR public dac> II Ill bank norcs under ten
dollars, unless Congress ID iht mean Tine sllall ~
dop sonfr new rrovl>lausrn tins SUBJECT, similar,
il is heifd 10 VIA, p esauss la,r h"cr, aud still
are nfpcd bs lhi> Department., unt Only rs 10 lie
Dcppsfe Ban H. and the lind Of bills received
for the f,,en0r lut 10 tilc suppression entire
Is in the Dsric, Of Columbia Of tie circulation OF
ANY lan, notes under ten dollars in amount
Tho means for sound currency in tbs e"nn'rt
are IT ptc>eut ample, Within I'll" last Two year,
or from October 1T. 1888, 10 November L., 1888,
in addition 10 the ornet siutk OF sic'ir, Ice ~
cen imported into the United States, beyond tie
exports ffem II, With cue allowance III wl.t doc
moi aI, al on tic Custom House books, norc dian
rucnt1-se,on mdiors; and he produce oil ON
Own m me- y ilhin that period j, estimated 10 lave
teen o,tf Irce millions. Hence Ihc Whole amount
az specie NV m tie country pIohahIy exceeds Il,
| um uf siNiN-iuur millions, nd Il" means 81 til
community 10 obtain moft. from abroad, 10 meet
/ any CONT uplatcd change III tie character oil oni
/ currency, Wore never greater. ! he actual Bnnn'
r,rceir J., turned aud 81 mated =, lc'oneine Il
N tie Banks in Tie lofed States, al out tic IS
vt January, 1879, vas rear toltN-tour millions.
/ As 4 portion Of that MA, have Teen LulGn, SIN
quitr tqnalIiur il not exceeding the remainder OF
'wcnty nllior, probably consists Of tie amount Of
,pc,ic in actual c,rculdrien which has lcrn somc-
What increased tIreertoui he county drrinp
The ast Two Stirs, - thai II tie remaining small
hils in circulation under I've dollars in tic whole
njou, Which arc chiefly III seven State, and
which IrultlN DO not exceed sly ct ScNcn millions,
! ere nitidaWn, it would net require, 10 supply
'h,ir places, one lhlld oil tie addition winch has
/ teen nude ~ he last two se.rs to tie national
>toch Of til, precious metals. Tie spec, ON Land
n balks will IN tbs way, a> II ought, >oen Lear a
'rrci proportion 10 thrir notes IN circulation, and