Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1837-05-22
FOREIGN YNTEEEsf.s.NCE.

DAYS later FROM EUROPE

Fol X DA1 LATER FROM 1t ROPE.
By tie packet ship Wellington Capt. Chadwick,
from London. have London papers to the evening
OF the lib of April, inclusive. The intelligence they
contain Is 10 the full gloomy as vas expected al
though CONSISTS rltherof porents than OF positive
results.
Oae of The great American hou,es-lat of G.
Nlldes 4 Co.--had been compelled u solicit aid
from tie Bank OF Eng land, with the ntImation that
unless It gwen they must stop payment At once.
The aid gwen, 10 large amount after long aud
AK ous consultation between the directors Of the
Bank and the treasury department, although Mrssr5.
Wlldss & Co. were unable to offer amy secunty
The papers full ol comments upon this trans
action. aud opinions, of course various 1t
feared aud expected that other American houses
would be compelled to follow the example of Wdcs
X Co, and the question IS very anNousy discussed,
whether AMI 10 hat extent the Bank aid them
in then need. All Is admitted to depend upon the
state Of the remttanccs from tins country, and we
know well enough what they have been.
One OF the papers says that the Bank has taken up
ON Itself all the liabilities OF Wilde, & Co. and will
wind up their affairs. Another says that two other
houses have been bostercd up by the Banks, but
doe, not give tie names.
\ deputation from the merchants of Liverpool had
gone up to London, seeking aid from the Bank and
the government.
The accounts from the manufacturing districts are
very bad, and great numbers of worhmcn were out of
employment.
Is some ltilt 1tUuHI Tor NOPE anna all llls
gloom, in the fact thai consols aud eNchcqucr bills
have not fallen oil III price.
Fromdc Times, APdlo
Saturday Eyenng.--fhc excitement in the CITY,
which seems to have been 1t its height during the
last tao DAYS has materially lcssencd tins morning,
and the people beginning To hope that the crisis
now past. 'rhr American house alluded to ycstef-
dly, 10 winch assistance given bs the Bank, is
that OF George Nildes X Co., aud the interference
has proved be an instant and sensible relief IN
~ large cgtclr. Whether the connexions OF that
house will ultimately escape injury from the situation
in Which it la, fallen, Will depend successful col
lection oil r sum, due to it IN Amcrica, tor il they
should not be realized To extent sufficient salts
the Banks, ali the collateral securities recently oh
tanned IN London, must be put ia requlelton. y lille
tin, in progress, the Immediate effect of the
arrangement with the Bank IS tobriue out an Increa-
-cd supply oil Notes which ,not to be regarded witl
iudilrtcnceu the present ow state Of the stock Of
bullion.
'lhn English stock market Is firm, and some of the
'ecurlflr, have improved shade Tie advance Is
attributed Ia the difficulty many persons find o safe
y and satl,iac tofllN investing hclr means, and
sequettly purchasing government securities, rather
th5n emplos them IN regular business. There las
been, aud continues, a 2Isat demand for money
stock.
'fhepolitl,al and continental intelligence i, olyery
littlc interest. The IRISH Municipal reform bail
to have il thirl reading the night OF the 10Th 4
ptl IL passage through tie lower house con
-laerCd almost uattcI Il COARSE
paragraph III thu Antwerp PRECURSOR announces
the shipment OF 800 barrels Of or to London, to be
thence tr~hlppcd to NV orn. 1t will come ata
bad moment ior the shippers.
PARIS, AmiI4.
Bottsr. / e!ocI.-fhc French funds arc going
doao hne, owing 10 the continued ialcesjon IL, la
t3e ministry, winch - aPpaIcat! a, 'as Il, ever rom
berg completed.
rhs nrv,. from Paris i, TOT hc o.h nit. The Flfh