Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1838-04-19


paving away thcr notes cash; and the use OF the
public money from the time OF the collection To the
disbursements"
/ Sir, III clearly comprehend the Inuorahle gentle
man, he means no more, after all. han this thai
while the public revenues are collected as hereto
lore, through the banks, they will lie in the banks
between the time Of collection aud the time of dis
butSetnenl ikai, during that period. they will be
regarded rs one pant OF the means of business aud
OF discount possessed by the banks aud that as 4
e1eater portion OF the revenue is collected in large
cities than IN small ones, these large cities will ii
course, derive greater benefit than the small ones
from these deposites III the banks. In other words
that as the importing merchants in great city pay
more duties To government than those ia small one.
so they ENJOY an advantage be derived from any
use which the banks NAV make OF these MONEYS,
while on deposlte with them.
Now, SIR, would be very glad to know. surprising
all tins TO be trnc,what there Is in il either unequal or
UNJUST The benefit is exactly in proportion 10 The
amount Of business and the sums paid. If indi-
vluals IN large cities euioy the incidental of more
money! 1t IS simply because they pay more NANCY.
1t Is like the case OF credit duty bonds Who
ever imports goods with the benefit of giving bond
for duties, instead OF making present payment. en-
Joys certain benefit aud This benefit in direct
sense Is IN proportion TO the amount of goods inn
poned-the large importer having credit fora large
sum, the small importer having credit for s. aIler
SUN 'o' ''e "o''ot'@e Tue dement, OF TIE 'ndnl-
grnce, or whatever we call it, is, nevertheless entire
~ equal aud impartial.
How, then, does the collection OF revenue through
the banks 3" centtalize' the action of the CONNER
,I. t, io ana, w. ",' 81 '''o o'"se - ''''s
mo =, .,,lIa,,oi - ,L - ,''"'"'' ~ ''',
,n1, ill.,, ,,,,,,,, i,, t y - u = "'
ITS population ITS capital aud enterprise. draw bust
ness to~dtds IT, Constitute II central point in com
mefei~ operations, and have made II the greatest
~, ,rl .,,,. - - s''''i'' ~ - ''''H'
oxis, -, o,.,,, ...,,,,,,, Ill H. -!
,ia -, ,o,,,. d. , '''' "e' ~, a la - 60"
r e,,i,,l =, ,,,,. ,.,, ,, l,o', ~ ','''"'
,', l,,, ,,,'i,' '''' I''se' no """o :
cL allows =, ,nh',,, +" ''' P'"Ns '',' VAN.
dea,o or i,e,le,,,,I hn.aGi - la ~; i"''
~ rn,i b., '',' It" !''i'o'',o" u
~ ~ 0'i'''' - ''e'" '"I'o!'o !" "'u''
.,,,,,,1a =, i,i,}., -, -...
] .,,,,,,, .', "''''"' course u ''''"ss III
- I mi, '','' so'"e P'"ec'o l i !'"
M ~ "'''' : III commerce ' ou
:, - us ','"N' ''e' w so' "n'ii an
AID ,,nI,os. ,na - =, 1,l ~ 'c'''''l
,,, - 'l., g. '.,''u VI o''"- '',s' M
ibrre sbouIl h.. .,,,. c,,,,,,;, e ~ '''' ''''
,,l,i,, ,la I o''' '"lo''"''' so'ne
,at tetly yG,,lI ~, l "
,,I, -, ,l,, l,..,..,,.l = - - - '''' ~
II, iinot,li Ia. E., ,..,, -,,.,,,,, 49, c.,i
.'l;l ffl "''' ''',' ''>'o'' POI,
an, ,,,,, l,i .,,,,I '''''''", - ''o''
pt,,,,I,,,,n,., I...,,,.. H.,
an, IN ,,,;',. 49, I...E - - -
- - l''o!''' "''"e'H' al N"'Iu
.I,y| - " ~ ~ ''''' ''"'"' al
III 'o' d''oh, arising nom a.
w ""' IA p'""s' l-t' us no" looA
,t - I " ~ '"'N'"'' VIZ 'He i'ee''
- o'''N "o,,s 'o' "u,''s' 10" III ''e "9'II
w., 10" t''''''"' ."' '"'',ne'c'" system ]!
I,io,' ",,'e"eH ana tH'c'' is II seems to me Is
I, ,.' mn '''' wy ~ c'ac'' ee"''"i""uoi
. r,,, i.l ~ "'''''''He !" TO- currency ana
:. ;, ""t' ,"''''s '"Co"''Se, Do'i hhP'I',
] - +, 'N'''' T ~ "''"' 'o''' ",ohes Soo'
& ;a - 49,, -, "' l'o''eu mo 1n"'''lon
,, va. "a I ~ io'es' NV 1ofh
49, 60. , ~ ''''"S' 'N''''"'!' Ct"
,''.. '','s' "'u "o'"'"s more
,I,,.,, t3tr ''''' sui" WIN "'''eh Tie sfh-
Irii. -, ,t
,i Ii,'i .l = ' - ~ "" i've Tue "u
''''' "a C''e VI III government paper
ali h,,'l 'ie "ou'u 'FlP''
.,o,t,,ii.,',; i, W 5''"'''' w. S'' 'e'I'
eenf,,I,la, IN ,, ''''1 "e uoe' "o' see
finr or l.,,, ,I'', ~ ''''' '''s P'opos'-
wall ,Ii. r,,,.,.,.,.,,,, ,..,,, =; H. e. N'
and ci7I,,i', ,,,IiI, ,, -, " - ''s"'
will uIrnd Csra;,I, ,,s' ,,,,,,I, ,I o''',N
80, ,,,,,,,,. ,,r IN ,,,. al . -. ~ - ~
br,rI If ,L. ,,,,r,,.t,,' ~ ~ 'l'l
may he M, - ;;, 49, H. :, ~ ~ -!
The results of .tf,r,;,, lT,, - t ~
he cl9,,oI j., Nm, ''', - VI '''c ""'''
for dutis vail he tbfr, 1c,,rd ,,,I
valuable there Than cI,r,, here 'Lr ,,Il,o ,,r.,l
paper would consist in ITS receiyab,llry nd uoilnn
else ItwDuld always tend ther.f,re di,.c,l, IN ,Io
saut where the olc.pst den,,nI .L,.,.lJ -, a..
tui that burmese l. II maj so =, tl,is ,,,,,,e,t ~,