Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1837-11-06

TIE GOVERNMENT X TIE L. s. BANK.
The National Intelligence announces fact which
lst il is creditabc To the magnaniinity of The Pre-
I.,, and Directors ofihe L. :. Bank of Pennsylva-
-. sbows the firm basis upon which that institution
.,,.s in despite Of the frequent attempts that have
,.en made to destroy its credit, by impairag public
confidence in its ability to comply with its engage
mcn,s and to meet its Liabilities
AGrr referring 10 the iniqu war upon the Bank
and through il, upon the prosperity OF the country,
,o;n,crmittedly waged by the National Executive and
Il. parizans, from the period OF the removal of the
,,hlic depo,itcs, down TO the final explosion which
I'm, lately conyused the whole country, the National
,m.liecncer narra,rs the following circumstances.
which. cannot fail, should Think to result 10 Just,
such reflections every unprc JUDGED and leht-judg
in, mind as those with which the able Editors of that
paper close their statement:
..Norc recently. il may he rcco"ctcd. the same in
s,;,u,on has been again sindietsry assaulted bv the
Government press upon allegations oi rs unwilling
mss ia settle on equitable terms, with The Govern
,ent for tho OF shares OF lis capital stuck be-
ionsnr to the United States. An agreement was f.
naIly actually made, by which the bank agreed 10 pay,
and the Treasury to receive, III four annual install
,n,ns one hundred and fifty dollars and fifty eight
cents for every hundred dollars OF the nearly seven
tl,e hank hp In he
,nen: thus securing TO HE Government cear rtoft
',a,. ,h,, Giee., and :, half prr cent ON II he a
49, f nc stock i, tl,c hank II, odJtn, f., ,,e !,
mount OF profits which il has annually received the
49,. ~ I;y;d,,ds
"""p $50 80. ., ,,,o ,,.;,, =, ,,,,,.,, ,o ,,,,,o.o
10 ask the read rs aireiliion
1.-THE fl st Of the instruments thus agreed upon
~ c,, 1 Tha l,o ar 10, ..,a,,, X,
tween the bank and the Government. under winch it
was PAYABLE. lei it he borne in nind, WAS long before
w =, :, s.. I'll, 4 :, h., hu,- ,.,,I
''e t'''o" 49, 80, .. r ~, y. D.,
NV u''''''''s ~ - .a a. t,;, iI -
',',s e""''''' :" ~, , - d. :, ~, '''''
nv ~" ',, I, , !,, hi ,,r;,,oi,,loJ ~ f
Nv" ~ W., 80" ~ u, i.,,l,,,,. Lanf,,,, ,i;
H. '-".'s "''o,, ''' Li - uI ',,,,
:" s"s' y. " Wr ~, ,,,, :, -, it, ,i
y! '"c Navy ~ ~ - Wv, " ~ Wv ,'''''
y. ' "'. IT. - I ia ,1 10 ,'a',a
P'""l'. So 80 a. ~. w +, !,
~ ''e '"''', W ''.,'' ,I ~ "''
M"e'e '"e ''P '''''' ~ nv w. " "sN'"s
gu" e " - ,t IN. - - ! .
We Wv so Al, ~ r ,,,.,,"',
-, ~" - - I,f ,i, I -,
"" - N'''' " - . H. -,
'""' " " Wv "'"''' - ~; ,l t = r H.,
' o''" ''''s "o'' i''' 49, ~ t, ~
'"" ~ "'''"e' ," 4 ;"
!" w '''''''''' " ~. .@ ~
i '" ~" - =" '' N' 49, ~, 10 ~
.r' ~, '''' '' .>"'H - i''t'." ''' 80 wi ~ -
"' "'o'"' P'" ~ '7', ''S'' '''" ~.
- ~ ' "' ,.' - Nv ,'' ~, " :. ~
""s w.. '''" 10 "a ~"
~, ''''''"" :" - '';'s '''' =" PI
.r.J ami s,ycn,, ,i,oi,>,,I io4 hundred and sixtv
three dollars and ,eyenlv-scqen ee4i<.
Nv confess our 2taiiiicaton 4" beng abet stale
'"'>' 'I',' 81 "'"','''" y" "a "'Sl'ii'" 'sH.n''
yc hon Iirec,rJ n, tIa at fs, years
~ the particulars OF this TIA sac ion We have :; noble
aud eloquent reply To the c'lunHlaoIs "i The bank.
az" '"'heI c"t'''a,'o" "' '''' ''Iul.h'> o' 'ose
an ,,,, .o,, ,.,, W. s,, III. r;.l,, ,,.is, ,L
wrong, aud We say il confdeniIv for wlat,vrrtonbt
"rohS sac 81 iii' question OF me '''S anu Tue Faoe
az, ,l,. ~, ~ s,,,a.;,. ~. ,,,l -. I,,
which We have stated With from fifteen 10 fneut,
Inons OF monry in the Treasury, il cannot he dent
ca th"' lie '"vcfnn't" AS ehh%tn - ih"Ae Inc ana
,,;,l,n, ,r,i'',, r', ~. ~, ,''.
the Government has by law recognised the inability
vi the Wanted jrpositr bahk, ;av single dol
"a VI ''c P""''c ','''rs ~ any 'o'S "h'' eau use
j.; w. wv ~ ,"rN ~ -. :" ~,
Government share, of us stock for which the bank
originally received from the Government onya five
per cent stock.
- r'.S a." S'''''''" '' y ~ - y "
gross misrepreseutations with which the public ear
has been so long abused aud the public opIaion 81
l." h'>'ch' IN regard I" the merits OF thdl cainmhla-
CAV '''"N ~ NV u''e" '7,"es
'"', ~ '"
49, = =