Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1837-09-21

but the timr, riunrro,ls DAM 'rins
~, ,pd thr expensive uanapJftati2p OF spee~
ltscii.
'rl.r Mn, ccrafcatcs heretofore gwen On tho
lcppsrc nj bullnn and sleec. Tor coaa!e, miglt ea-
Il, he ulr r4oniag 10 bearer ~ order aud receiva-
IL Lot ~ pubic dn anl. In wa. would. conui-
bule la e .'n,r desirable end.
rac p arnt ht tueha OF the Mlut, iinoi numerous
mon II. uPr STA tied cnuee .ient patrs ior the
eorlrt u -psc,c vi bnli u lot tn purpose. might
ar AIDED by rao ot thee ageac.ss. ipsie Of mo,-
,>ptu>,r lev Ina ehe~, NJ lolnts favorable 10 ihs
Interests IT die Mimi and al the community.
| mn, be oAvI ia u The ptper oi ANY bank -it
10 le,t#sl;t sud usrtul ~ hrrns trcelsrttr pubic
lue-, ptor@ton - II nav w'd such solid sscu-
tet and iaun 5unn4 asthe oftiiealrs beiate deseti-
I'D But the totcs OIL State hunks mf made f~-
erlyahie In such due. nnd,r crrinn hnii,sors
ikc tagc winch iAr been e>p,int a. the other m'sf
lrslAh eal,ab ie- tot ia ar safety, WHITTIER loohiti
my uer ni lhrm las tn q nrfa Government, or
- tIit du,ah- interest lllr StHt thenf.cl,es
u 5r f.t tGe ltl. T. Grst. 10 impose Tho existing
nak4, ~ Ia IS Lawful. TIN checks rnrni'o cd ~
.ul,scl acnt pa,i Of tins 20 mnnrMne. They could
usAl author very ten banhs hollirr, excerpt thoss
II nrrr ,listout. and dcposHe and, where tho
| puwcl of mikinl paprr issurs TO PASS ~ noney -
aldrd III poWel sovereign III itsehaa,tct, and ",
udl e.Sle 10 b, '.sll'nli, euardtd-"conil require
| \ La pfupul1i'n Of spece /" thu cucnahun ami
.tcp ,,tes be kc1 hand, "a, IN adtlnpn, hnvo
thr IN Al stcutitS II he Sttr id Cd % iu,!rm
nfN ia. con ttnllza as ~ Tie Oh tn. above
II mad Coz ,f,3tc# would he pledged those oi thu
t;enct Goscfan.r NJ TINS wun'd 2leally increase
Tie cla.l,l AL st'hsIllrt at al couefratd, and
con Il b. dour ,p,cl,l aMs Ton thai putpose, "a "
al ~ ng ny bank here titer, rVeep st'te banks
y o. uf =, 81 BY iCqu urg SAT- sucks 10 ts
Owned b, all IA" hai Ia, aud lodged III trust Ia the
rxteut essdty. atn the sprt con hNti, Ia scele
The ia nrd,ue, d.Inp oo OF all the bla lssnrd aud
alt the irp,,s tet nayab,r on deunud. Another KIND
ol security esnii What nov generally exists would
he, ncssr L. tr,mi Il pp,ncs 10 b. received payab"
on ,lrmtud Ia spct,c, T. p"ei er 80 Wy dangerous
10 ia" hllh III -, rSt opt N h tase OF scesl de-
Pc ! e he Ia lei ite cpinirns The on.
ho Il I Dc lpuna o. sreutl.y winch ~ l~ciy to
, - an ster rii esn', one To b Of \ peuaI
character, cUbrI "a, extending the p DIVISIONS ota
'aahrdpt law 10 Il buk., = aiete suggested IN re-
~p sut II br fiscal a.e t.. Urby allowing
~ dep#SIfoIs pa 1t pm tic. and AL hl holfien.
not onls - u lsctaSt. bit were prosecutions
.auN II" IN cor # q, Il 'lb - OMISSION by
b tx I, lis iluge tlen dnues n The man ef prnu
led ~ III /, clfaltr- ID contracts Tie Paramount
pIect slel ~ sli NIL. al ltse, be TO
lu#uI 'ttI,t ahn aud t'iorln existing evils.
tlot, Il. IN qonn nl' ahees, lae c'se may have BE-.
coue % dc prtac ~ 10 feqlnc etrn ampuatun to
sr liz. Livery ding el>r one ming bank paper
,uppos IL he.ouE 10 thr "Is,ionapd sound di ere
Ga II the scgtrd S@lrs A. lhcy may eer, tiom
tome Ia llInc, rlentr aud .mplay II. vi hin he
ron,Inuun4Al nu,latous aud ~ s"on As deenedcx
ped "as b. ais u tirin spe,e al9ne, OF paper, or
uu,r medium Of totl, ~ 60 ,sldrred pi'er,'de b,
rech rs purp ,srs. can Ia, 4 be otno",es-
lbu mt. At he euuft me, II - hoped AMI believed
dat 10 val rHisis III an, u amer 10 proven bue
rahrt ,,rp ii,d general aNtets, thc that rsilced
vs. Lnn.I 81 ae Executive, aad, IN Depa,tin NJ tor
,onr 4rdls past, 10 encourage the snnc sound cur
IL nv III. U.S. al the peope and the STATE
lot tur ii cal oaerauot" oil the General Government
wa. seNf ssSEa,L eAua"1 ATo RtME3ils ar THE
rRsf VI IasAnaAssMEHTs.
IL copc'u aon. II - the cuon OIL the undcrsira-
eI 0t 10 aNrrt he hri causes OF the recent ca
IN tres, except 50 fn ~ they con ceied With
~ ar II }, L.
iillcal- trcns lev remedies BY lueans Ut gcncla4
irgslauop.
81 aiont deab oar Of ttosr cl,tses the
pro IGeuoa Of cot,n, coupled With the large aud
su#ldcn drtratlauu ~ is rice.
lnr VIII L. priiIet taough. be!prr - great, had,
nlurn thr' yrars b".n in,rea'rt PROBABLY inors
han me IN lrc mlnoo, "a oanls - a, 10 exceed
"a Hnstey tar t,r elo'.a"us qa'nHy III i've hun
! I'D - t1.lv 'mIntso ponats. t'h' ID ! ii pre-
VI S1rl tau qu ~ would make utter
.ntrI, IT'S sa.Htao near Tory m'loIs III doiiars.
iar n,currc u inIs tall however, Wa ~ such
pr "a at the yer Ia' 10 AT 81 over hail the
~! bttr ,ilr n, tinu .ht.,uS
~, ~ l. s'ii oce'"o 'ea1 l"|' To ana pph "a a.
ia /. Tn tai was clnrA, consequent opoa to
p. O. Tue add tn M } VI II lra"ti oi is-
r,4gn credit. con ne yth ulne- cueuu,stan-
tea vii Ct ufpd MT uaw b. lAtnsusatzsa lti'
y. u, p.o lu,uou ergina ed parln hNe ,ros' Other
.A.iss,-s hrie. iro.n rNlraor InIy exte"s,op ot
,alt, An. III bank ISSUES. AID partly nom eepin.
ppu II .-airs pdnlc lands To all = r,oh-, aud at
tn lotn.e 10, rf,es. atur 9th ,cie> incindn,
- 10. I'D itncs ID suddenly RISEN much III their
eln ual seIue luaeI ms tempting sa,e Il thu-s,
/ " r., Hrtc eNorb.tdtN enlarged, TIL laty a
mounted t. tNtut, mI.uhs OF dtres IA Il y'ar,
= shra not niuic tIiu three or iJur millions vef.
, .4robab, necessary a ID not 30 iuuch Iad brforc
etd ~ i1l-uh, auuaal :. 10 mret The ma irtl de-
aud, pm itli, iu' raS ny 20 on, aad TAT
! II otl,r .t9,ls o, Agricultural rm,'osmeht. Hut
Il SIT 3, pc tel dn~ fHinnu', can,
u /, bticsrd. b aveftrd lrascr, whenever thr5
/. Il.rls - Nund slabt amount, iy paa-s
a. Ia h su4l cot-e uteu t"actua sen ers,
IN 4. r.sr ~ lr,s u Others. Inc me fDea-
arcs. with oh ! fpueaies ieiraipr suggested tor
i,,tu HIRE istus .yts. viii ite y tuto,ftc tut tu-
rhce-srs he ruiac v. tac great domestic
! st,u'# oi fue tlt,I.
Anu. IL, ri he causcs uf the preseiii embauass-
tnrnss Was he unprecedented qtiniIy oil ioieigp
op,fs in, OF 1t. ltS siIHuim> 10 user-tradng,
/ suit a., V " cAtrpapd uiIeu renewed edits u
10 ii As we q, N n tcachtrous IN appear
| .nt es Of lna~pFn Y. those Inpurtaions were dam
.rol.s s.tI J. a to tllr al aii,ost two hum
d., uultus D. doars sear, and thus constituted.
txfts OF '1r eNI,rA oi #aoout sky nlioiis'
tnd n'No we'd The tonnhy iert,gn ntbi, incteiy
com orlc,a WHO t Dd,eLo against u al er al pop
tdctultaii> t,r iIe gins, lruirs. and similar con-
tdrruon poaaily exceeded tte ,rrgate OF thur
mlIols OF dol an.
Indt eAcr>s, he antic llate, and so indisereet,
ste credit iur.ntin tie. AMI DETER reg
,tei, would have prevented, To-, repairing
carly tdJH>tm, ut OF bal tes, an thus tutnng
a.c .orel-l Xrhanges IA ST us, would have STOPPED
ravagabtes "tti l., ,ia,t an" bai.h ISSUES
/ Bu, stuit,itt d aud uuie>fa eat, as before ues-