Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1839-11-07
FOREIGN INTEIIItsE NGE.
NV YonK, Oct. 80.
LATER FROM ENGLAND.

The Liverpool packet ship lNpEPENpENCE, Capt.
NYr. anchored OF the bar las, night and this morning
we have received our papers by her which are 10
the evening Of the 2Slh from London and Liverpool.
The accounts of Tho Brush harvest, although n,
considerable vafisncein different parts Of the coun-
Try. The whole leave scarcely doubt that large
portion OF tho wheat crop has been reirevably dam'
aged and thai the oat and barley crops in
nous jeopardy. Large orders bad been sent 10 the
continent and the necessity Of parting with heavy
amounts Of gold in paymen, for foreign grain, can
no Hunger be Questioned.
suspension OF specie payments by tho Bank ol
England was freely spoken oi; \ The general impress
sion that such measure must be resort cd 10 be-
fore Christmas.
Il was believed in London that the Bank Of Eng
land had been compelled 10 seek assistance HON
Hamburg. similar to that Obtained from the Bank OF
Frarce.--This belief was founded the lac, that
bills To large amount. endorsed by an cmlnent
house in ilnn burg, IN favor OF the ehiei cashier OF
the Bank, had been paid 10y several houses IN Lon
don.
Private letters say that The ha,vesl has TUNED OUT
better Than the papers represent II. The Ba,ngs
write that the Bank IT England wilinut suspend spe-
ce payments. The merchants and banks IN New
York. who have RENTED post notes ri the Banl, of
'he United Smtes, must leel greatly relieved 10y
the knowledge that provision has been made Tor
their payment, by the advance OF conslls To MI
Jaudon
| The New York American SAYS that the pancn-
lars of The aid granted 10 Mr. Jaudon by tho Bank
| OF England are As lolluw: Mr. Jandon would receive
Goo 600 lor teim aud ,t2u0 OF Tor 30 days, IN
order allow In ur tie arrival al HE Great IVES
tern. That vessel, which went hence on the 23d
! Sept, and would reach England IN the FIST week o
October, carried out, II snndrrsond, iteo millions OF
/ Stock OF the State OF Pennsylvania, aud from
! $500 600 10 81 900 600 ~ sptte ON account of
/ the Bank Of the Uuned States.
Under the circumstances III which Mr.. Jaudon
was placed il not TO be doubted that thus Pennsyl
wanna stock would be received NJ rate to be mutu-
ally stipulated. security for ihe advance OF the
| Bank Of England aud lhis, together with the spe
Gle sent, would, II Is believed, enable Mr.. Jaudon
| to lnret all the bills drawn from Tins side
No bills, assured, hse been drawn by
| the Bank OF the Unued States since the 2ith al Au-
gust so thai, by the frs week 10 Nostmber, all the
liabilities OF Mr.. Jludon, nudcf this head, will be
| at end.
those who know M. Jaudon personally, to hnd by
the testimony Of the London journals, thai, IN
he dic uli position IN which he has been placed, his
discretion Judgment. and energy have attracted tho
respected of all brought nc cVn'ae, With HIM.
From The N.w Yoyk Courier.
The letter We give below, from our London cor
respondents embraces the principal items OF ntelli-
gcnce, but II is dated On the eith, (tlc fegnar
DIV Of sailing oi the lniependence on the o5tl
and as we have papers onr,layS laler, II is necessa-
~ should make some slight addition TO IT'S con
tents.
hat tNr bils al tIlr u. >. Ddhk on Mtssfss
ting uer q co. had been accepted by Mcssrs Roth
schilds. as is stated by our correspondent, there
cannot he ~ doubt. The fact was officially publish
ed IN the Moniteur, aud transiltcdio Lyons, Bor-
deaux. and Marseilles. but IL appears noiwlih-
standing that on the och September, Mr.. JAupoN as
gent OF The Bank Of the Unned States, was com
PEELED to make an application 10 the Bank Of Eng
land for "A loan. which granted HIM under the
guarantee Of Mcssrs Barring, MORRISON, Dcnlson and
Huh, to the amount oil 100000 sterling, payable
in cpnsols.
The claim " hich this sum is TO meet is entirely
independent Of the PaiIs affair aud Is stated Ia be
for the payment Of posi- and bills ul Exchange.
To the latest hour the accounts al Tie weather ATE
decidedly unasrdblc 10 the crops Of grain aud sus-
pension ofspecie pay enIs by The Bank OF England
Of course becomes more probable
There is RIO very important feature IN the news
from tie Continent, unless it bo the appiehended
scarcity of grain in France.
Correspondence Of the Courier and Enquirer.
LosDoS, Sept. 24th, Thursday, 1899.
Since the departure Of the Liverpool steam
ship, every thing respecting the late occurrence IN
Paris in connection. with the Bank of The Gnlt,d
States, has settled down into perfect calm. 7"
the great satisfaction OF The merchants, both OF
England and France, the Mesrssrs. eh,ld now
| regularly act for the Bank Of HE United States.
The weather since accounts by the Liverpool
has been again uniiyorable, with The exception
OF yesterday but AT night the ram recommended ana
continued until IL COloCk 10 Jay. ne
has been bright and wafm-but the wind beng SUI
N The south and south west. II IS not probable that
the present sunshine will last unt the return OF
nghl.-The corn market al Marx Lane on Monday
advanced IS. per qut'r the pfices OF Friday, but
at the market this morning so extfavagant were the
prices the parties that nothing could be purchased
by The mi,lers excepting for tho immediate wants
Of theday.
The state OF the none, market remains unchang-
! ed. The suspension Of payment by the BANK oil
/ England is openly discussed IN Tie London
newspapefs-and all parics--appearlng to think The
event ineyable-are busted in desising the best mode
Of canying the SUSPENSION INTO the least injurious
and durable effect.
Should the Bank Of England suspend payment in
the present year, undoubtedly the much greater de-
gree Of popular intelligence which prevails on the
vent the ruinous consequences from being wit
messed again. Aud under all the present cfcnm-
stances OF the county II is rapidly becoming the
conviction OF many important capitalists, that The
event is devo lly 10 be wished.
The busnuss IN American Securities remains E.
qually dead as at the time u the departure OF the
| Liverpool steam ship Nufhrng wlfnevrr has been
reported excepting the sales The shares o tho
Bank OF the United States at 81 10.
The whole commerce of the couairy is in state of
stagnatIon and goom--and only few hours OF sun
shine now sometimes occur 10 brighten the hopes
of millions II people, whose government so oufaees
the whole order Of nature rs 10 compel US by pro-
hblory corn laws depend for existence on IA soil
and climate which when September Is on The wane
has brought nothing for tue ensuing ear. while on
your continent mapgnhcent harvest was secured
before the termination Of the montl OF June.