Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1837-03-30
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DIToRs' CoRREEsPoNDENCE.

Money matters continue 10 be almost the entire
sublcc; Of conversation There seems TOW to be no
hope that things viii very soon De better Bad IL
they are tEey promise to be worse. The news
from England and France affords ANY thing bur the
hope OF change OF things for the better Cotton
has again declined cent upon the pound. and the
article seems tu lessen IN demand every day. All OF
the latest packets from tIare, London and Liver
pool, have brought news 81 gradual decenson IN
pfIcr, as we'll as in the want Of the article. Money
matters IN England. a-o, loa!, gloomy, and have
gwen the erchanis III New DIRK, as well as those IN
Eng land, the blues. Failures continue there
well as here, and almost every man. either for him-
self or his friends, seems to be mourning over the
commercial distress which every where is staIng
them in the face. The embafrassments OF the citS
and country cannot, however, be much worse than
they are. The commercial men OF the aited State,
will live and triumph a. long thread = left upon
which a single hope be hung. While there Is
lilc there is hope. Whatever industry, honesty de
termination, GOOD intentions can do, will be done.
The money market ia the cry, continues tight;
three percent, aud fnur per cent. month Is readily
obtained for nancy upon some Of Tic brst paper III
the city. Another commercial house has gone by
thu board 10 day Tor the very pretty snlu Of iet
fRccn h5a9fe8 Hopaoad doilarS. Tn loserhs hare
MT resumed payment. and far as ! I,4fn, cuaaf.
Their viii 10 do Is better than their ability. Til.
failures in New Orleans, which were the ehri caaae
OF their endorsements rs You ea1. traiI Ne" Or
leans, afford no hope to them from ti.lj source.
The failure of large philadelphia hease wa, an
nounced this morning, and caused rchsd e5ablc eH-
element il the city.
Nrw York, 2l55cl, ~.
The mouc, market IN the city yesterday, p,rhei
without any exception, was seyerer than II has ben
since the severe pressure which preceded Gen. Jack
sons Administration. | hear men OF intelligence e.
cry where sayioq thi money Va, never N such de
mand, interest 81 high. \ burden Is upoa IL.
placed there by The Government, which TIE oppr, :
sed ha,e power to remove. Mercantile men
have solicited. invited demanded rcltel a. die hands
ui their epptc The opprcssor smiles, " MN
ders While he smile The President and the Go=
! s,nmeut can relieve the country VIII hoy &c 50
1t must not he forgotten thai New York Is not
lone in her sulcrngs or her complaints. Every CRY.
! from bangor To New Orleans, Is suffering and con-
! planning. The cries ct oppression ou!s centre here
because are the commercial centre e. the country.
| II We suffer, others suffer also relieve and We
can relieve others. Repeal the Treasury circular.
and the Western banhs will help Western md South
western men to pay New ork AL thy owe her.
| We, in turn, pay what We owe al home and a
broad and again extend liberal credit Ia the South
SouthWcs, and West. 'Hhe pres, ure Is not vet O
YER Upon the contrary, it has hut be I'm. The nest
cry that reaches II vii come from the south, The
news from England Is of the most alarming chaac-
ter, and we'll calculated TO excite the worst fears Of
the great ma,S oithe American merchants aad Amer
ieau Planters, who do business abroad The further
decline OF the price Of cotton will come Ike hua-
der clap upon New Orleans and Mobile, and every
where else where cotton grows and has market.
And NJ The Globe would plaster over oar COM
plants deny that men are wfoa2ed by Ire Govern
nnut, Wd cry" pcire, peace, when thsre Is ~
peace"
HhI p.f4 Hr,s p. u-The sales at the stocl hoard
to-day hee been small. The prices were little
better tlan Yesterday. The money uarbet, howes-
Fl, Is TO easier The Banks refuse to discount, and
almost every body IS grooming grunblhg at their
fate. Tn poor men among us are tn richest. and
may Well thauk God Tn thclr poverty.