Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1836-11-03

Gauss % HieH PnscsA eursss-
Pondent or The New Yerk Exprss e.
tributes the enhancsd -vnlas e bsesd
ssuds. and prosisious esnsrsily, 10 csu-
see independent Of spscnlsiioa, and
considers u the natural result Of the
arrival Of eighty 10 one hundred thou
sand emssrssts from Europe. who be-
come lsbores on our RAILROADS. canals
snd buildings. and in our msnufacto-
ries. and consequently, consumers Of
iprovisions. and not producers. To this
- added. the immense emigration Of
the slave Populsiioa Of the old slave
holding States, where they were pro-
ducers OF these articles, TO the South.
where they become consumers of the
same articles. and producers Of another
article. Cotton the price OF which is
regulated by foreign market. From
these facts, Il is assumed as evident 90
alb that at least in every section Of the
country where commerce and agricul.
ture are prosperous, manual labor. and
oil articles tina. enterinto consumption.
together with real estate, must always
Dc high. and always meet with ready
sale.
The New York pspsrspsak Of great pres
are s.signsd Zoe i. The foliowia~ o.rsrr.ps
on The subject b taken from tho New York
Express Of octob.r 2Ssh,
THE MONEY MARKET AGAIN.
There Is yet no relief 10 the money
market. and We are sorry 10 add that
We see no immediate prospect Of relief
Our friends abroad can hardly real
ne the almost unprecedented state OF AZ
fairs among W. Men who have mil.
Hons OF dollars IN properly are all but
begsars in their rnoaey affairs. The
South and the West, the West in particu-
lar. are calling upon Us for our specie not
being able TO procure It from the Western
banks, and We have not specie enough
TO do even our business. The distress
and evils among ~ are not con6nsd 70 |
the gamblers. spectators and stock
jobbers alone. The ,Dhole business
community. without exception, are suf- |
fering. The commercial emharr.ss-
ment 10 universal. the pecuniary dis
tress great. the failures many, and I'M
less something is done, and done quick.
ly. there are multitude whose families
will suffer and whose business will be |
crushed.
The New York Commercial Adver-
user OF the same day, says-"The pres
sure in the money market continues
very severe. and we regret to add that
there were several failures ON Saturday.
Possibly few more may follow; but
there are indications that We have
reached the crisis"
"Ths follswiag f.so~.ble article 10 FROM the |
Soorhai o. Cosn0erss 81 AioadHy SSH Os,ober, |
1--WE have reason 10 believe that NJ
least some Of the causes Of pressure are |
about to be removed. The Secretarv
OF the Treasury has expressed himself
ready 10 arrange the distElsaiion
OF the ssrplrs reveaus Ia suy manner
consistent with the la%. which sf,SIi]
beat subserve the interests Of trade.
and pronounce stability in the money |
market. This disposition he has man. |
ifested from the beginning. No more
drafts will be issued at present, and some |
already issued and transmitted 10 dis |
tent places, will be countermanded.
II devolves on the deposite Banks
here, 70 point out to the Secretary the |
manner by which, in their opinion, the |
object Of the law can be most eonvo-
NEATLY accomplished"
Dreadful Fire and Explosion At Sea.
by an arrival At New-York, we
learn that the brig Ariel, from that
port, bound to Carthagena, with 600
barrels Of -four and half ton OF gun
powder on board, took FIRE at midnight
on the 3lst Of August. The eaptsin.
crew. and nine passengers, were srous- |
ed from their sleep BY the dreadful
cry Of "ship on 6rsl' They escaped.
mostly in their night clothes, by means |
OF The loog boat. In about twenty |
minutes, and when they were not more |
than half mile from the brig, she blew
up with terrific explosion; which
seemed TO shake and rend the very
elements. They landed on the Island |
OF 81. Domingo. on the 9Th Of Sept,
and arrived Il New York on Thursday. |
The Ariel and her cargo were insured |
IN the sum Of thirty thousand dollars.
Confirmation offhe Rail Rood. Thu