Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1835-11-19
HAWKING CAPITAL.

]
a mathematical ITobieH'' mat Is o".'s
cheney OF banking e'P''' ''''
Southern STATES Rene'"'''' NV
] y stationary IN pol'o'a'''" ''n' "'",'''
or S'aies' Possess''2 ''' '"' "
advantages nave D''9 MAJ '''"E "P'N''
hem' and have I''' ''"fn al d s's"'''''
lie rear uns II IS oe''''''s' III ''''
better AM "5ie ''''s'"' 'o' ''"''
that TINS circumstance ""' 'A''''s,u -.
'lsr ana oeieicr'ons '''i'''''e
glhla' b'i"'' 'h'' o"A' i''''.''",e' wa,
canals from h'f A'''n"c p''u'' " ~
ane"luVa'eu interior WY az ,''' -,
measures Of ''e' ''ou'.''.'S f'o'''' M
why are not ncI ''eN ''''s' ''''''' % ~
brought mo '''i''' a'io" !" ~ w ~, 'o''
ahh'''''y e'"s'''' ''o'' ''' ~"
ef 9'a"s' ""'o '''',' ''a - many "''''.e''
thousands OIL acres o ''e'' '''o wa anu ""'''p''-
Vt" WITHIN ''' ''''''' a."
''A'S 10 NV" i''ot,
my "'"i' 20 'o"' ~ ''.' .,'''' gu" ''''''''s
"e 'Il''''' - P''''' '''''
.o'p' ''ii"N' 'o' wa =. '''o'''' 70 "''''
'''''N>' '','' % ''' "'' no
'"o'e soi' AK" s'''' Wv "'''' - Wy ''o''H
',''' s'oo" f'''''S '''"'''i''S NV '''"o ''''
''''os aiming VS. ~ Il" "'''os' '''''''''''e 60
"n
!, ''' '"s - loon at ''' '''''''''' u o'''N'''s
eaP'''' III me "i'Ieh' States ana 10 contrast ''c
Sha"-"Ne pace OF "'ose VINO" nave "een oc'etf'''
ny 't'''f strong Prel'd''es against '''e na1h'"g
system rom a'g'h s"'ng ii'If capital IN ratio
WIN 'hf'r natural resources ana n''r actual wants.
VII" ''c f'i''o PoPu''''oh ana "ea''h
Oh 'hoSe "h'th nave pursued d dl"efeh' poh'Y.
ne BANKING capital III '"-lnia' IN 1851, was
''oof,oo"' winnie mat OF 'he I"ie State oil hhodr-
Island was seven and hall millions, and that OF
NJ" ! DIRK unty-one and h"ii millions, LOUISE
ana 'hIfly-three millions, Massachusetts upwards
OF ,"rnH-hlne millions, &c, and most oil the
Nonhcrn States. with the exception OF Vermont,
winch has but iI'''r commerce, and OF course re-
CURES bat lIile capital, IN like proportions.
1t Is indeed evident thai The prosperity OF irgl-
ma has rot OIL been greatly retarded, but that
She has actually sunni under Tic influence Of tie
policy heretofore pursued. Formerly a large mn
porting and exporting State, employing her own
tonnage, and shipping directly 10 and from her
, own ports, She ROW registers but lew ships; her
ports are h"rmeicaiiY sealed TO foreign commerce,
and are titled only "''h vessels engaged IN Tie
coaeNhG Ha'e' hef Popui'iioh' though not aR'o-
Iai'y dtmhNhed has not inefcaSedln fair relative
proportion; her Lands have otcourse appreciated
Ia vanc, as, under different state OF things they
woald have done, and as they have done III other
States =: IN one word, she has deteriorated alike
IN moral, physical and political power
nc question now IS shall she De rcgfnefaicd'
and how ( lhcrc cannot be neg tive answer,
| III any patriotic BOSOM 10 the hrSt branch oil the
enquiry "h he''F difference OF oPinon may exist
with regard to the second. In our humble opIn-
! ion' she can only be saved, ana restored 10 hcr
prH''he rank among 'er sister States by system
Oh internal improvements as duSiVe as the wants
"' her people, WISELY d'gesied and energeucaIIy
prosecuted oh' cannot carry on s"ch asSst'm
without money. And money cannot be procured,
III s"n'e'eh' amounts without al augmentation Oh
heF banking 'aP'"l. we nope therefore, u'"t
''le various aplil'ationS Tor new BANKS, winch
VIII DC presented '"f the acton q Tie next LfgI>-
/ 'a'oc VIII receive 'ne favorable consideration OF
mat ooaS-ho' mat we would nave the State
NaHg'ea "''r' as heht"'Ny ana ONO were some
years age with institutions resting on no solid base,