Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1837-06-08

$1,000.
4 $50 ~, - Z t'v's ~ ektrlk PAYMENTS.
tfsn ~ ~. y. Jsursel " Csma.s<rs.
ereel4 naxn-nt. ,,ns...f - $500. - 80,
ne dsbt, n th@ country. both sh,o.3 80 y.
home. have been liouiaa,ed tbS, \. s,si..
paia. or Ktvenop a, bad. surh }. ls,',;5. 49,,
easno. 6s sosenpllsAsdby the indu.isx IA soe
year. Any effort 70 resume until he STATE a
hinge which compelled IN. A,Isp,n.ss, 49,.
thoroughly r,s.sd s~ay. and osss. ana .,' 80.
Deri,s az NJ ), 1900 -. - -
worse shsn ,,.eless. IA ,s<9.l8 IA 4, ss.',,>-
snsponsion. ana thi. ,,o,,Id ee,..,.,, -. ~,
entire bfeak,nr los 81 ccofdecrs r, s, ,..s,
ability az aces Adj .se,nrao,,o, =. vc,,Ia
lsnd rsfr r.,eh - ...t s,,,.e ,S,t 49, ~.
eycat Sp,cis ,r.,. .s..,,ss i.
fulIy re<,'aS8 \, ,<.s.,, AZ, "a ~ <.s,,,.,.,
Bank !, and Tor NJ, ressoo eh;eay' sh-, Am.
pablie can M rer i. ro.,rh, 1, xash ! 5.,,ss
90 conlsdsase d o. IsssI BACK. s. % s,;ssr,
that they esa successfully rs,szps and ru,ssiu
Ipzlmsnis b specie. witkoui such conldspes
70 The most unsimited extent, the thing cannot
Be doae. Doubis would Gauss runs. and eterv
Iratcwafd rifrnmsis,cn N he bs9siness or he
eounlry o. Il iniisi1uai ssiabli,hm.n,s. a.
eren Of distanf Daiions, would s,arlis ihis di,-
ssest luio aetion. and produce = relapse. The
/ psu 81 wisdom end the way 10 get most speed
| W into soaai STATE 81 ne eafrepey /. lot 20
80 100 fast. I.ss g. iif.s vssoser Gwen ! ssrr,s
Of health and vienr. n Win eunhl. u. e,rtsinlv
10 succeed IN our attempt 70 resams The labofs
lot full strength.
Ifseems 20 - taken for granted that ths
Banks musl be dstssn 20 the rssumptjon Of
speeio peymenis-- hat if not eompsIIsd 5,
Law. they Rill svads ,hsir proper dutv. Rns
We zee no ground Tor ouch an opision. The
Banks are meaa<ed By men Of wealth. and /,
= such wen VITO are chiefly injured by depres
eiatians " thc enrrency. Tho.s Who are N
dubt are beasGttras f6f their debts are more.
easily paid. LaborsFs ara not injursd, for The
price 81 labor rises upder ths ih1nsncs OF =
deprecated currency, Eventually. quite ss
much ~ any hing els 80 that days. work
buysas mspy comforts - under any other
state Of thinez indeed those whose supplies
are ogiy from day % daJ, so much nors ss-
seniialiy relisysd b. any thing which relieves
the money market, than any other elasa
The suspsnsion Of sner,a n.vn.a,. -.
looked upon by ali eIa.se, ans c.,.r,.iIt n,
lhe merchants md ne Bank. n, sIno,, tI,s
greatest OF eommoreiaI evils. So vreat ,b1,
although M vote was taken on me ous.tior.
yet We know that Il uas Al Gee time iut.oAed
that The merehanta shouid All Ia erpshed "a.
theF than the Banks suspend. M,nv IN 49,,
were 10 fact crushed and many NOR, vo,,ld
have been, had not the pnp,,IaF di,t,,,., 49,
ted run upon tha Bsnks. which broke ~
screw that css,ed The asvsrssl pressure. NJ.
yer did ang eommuniiy sxhikn a more ur-
ilinehiag fSssluiiop 10 pssish n dsfsnrs On cor.
rect priaeipIss. Ths same spirit stIII exits.
After eli, the saspsnsi0n was not premature.
and has done much good Every lkine !, nov
len to disereiion; but u discretion be only
used Alright, no great evils can II any tine re.
suit The lsng susTeasion Of specie payments
IN England sustained the enervtes III th.s -.
lion, and gaxs. her immsnsaly more power aud
Reospefity than she would otherwise have en-
jo,ed. The suspension here during ne war
with England. 80 far as ws have heard. pro
duced large bslanes Of good. The effect IN
these Instances was, to save All AFFAIR." on b,,-
sioess from sinking % absolute ana,hslstioa -
So Il i COW, The fears which are excited ~
lhe reeolleclion o. eontipsnssl money, have
not been realised, and will act he. Coneres.
might issue paper money by. The bu,hsi. for
the members were not obliged TO ray il but
the esse b diasrent with the Bnnks. Thsy