Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1839-09-26
zOREIGN INTELLIGENCE.
Arrival of tho British Queen.

The stesm ship Blush Queen, Capt Robelts,
ass ust arrived bringing us London papers TO the
21inst. inclusive, The dates from Liverpool are
80 Saturday evening. Aug. 31st.
Mr.. Pouleu Thompson vas soon to leave Eng
isld 10 resume tue Govc,norship OF the Cana
siaf
The Northern Bank Of England was dissolved oy
= vote OF The ptofIietofs Aug. ooh. The outlines
IF new Bank. 10 he called the A Iii nce Bank, were
submitted 10 lhe meeting.
dreadful aifiay had occurred at Egh,m. Aug.
a0th, between party Of soldiers aud The ihlnbc
ny Gang. Twelve soldiers Who were leit behind at.
Ter the man body bad fcincd severely beaten.
Il does 1ot appear that any lives were list.
The weather had heen fre and the crops were
coming IN we'll Wheat had fallen os per quar-.
This Is considered good news by the knowing
ones.
The Blush Queen bfng 200 passeneors. inelu-
ding servants.
Adsees from Bombay 10 lhe dri Of July are favor
bile TO Ihc BRUSH troops in Afgbanisfan. No op.
position hon Dos Mahommed was anticipated.
LoSpoN, Aug. T.-Thete is no new feature IN
the money ~aiLel- Money continues very scarce
indeed, aud discounts high; some people on their
own Bills baVe 10 pas rs much as ID per cent di.-
count. The rates on private Bankers Bills lave
been 81 10 per cent, and Hose ON joint Stock
Bank Bill 10 per cent amongst the BIN Bro
kcrs.
Lmioo, Saturday fro'tor. Aug. u The
scarcity Of money at tla Stock Exchange has in.
creased, and uneasy feeling prevails Ill over ihc
CITY. Such shock as the funds have lad to
sustain las not been experienced for long time,
and Is 10 be Traced in great .asute, WAS gen
e,ally anticipated to the clumsy manner ia winch
the late conversion Of EXchcpn bills has been
carries though, aud pubic credit instead OF beng
sustained, has been injured by il. The market Is
'a"dt VIII STOCK under scarcity OF money, one Of
the "otsi features Which can present it Ill All the
sh~e OF The conversion tahcn by thc J1bb,ls atJ
spectators has been written up. and Tie safer poi-
ntilI lei /, adj
sae SaA has not been written up, IL is upd tslood,
th within day a. two, but the market ~ now
Ihesicued wilh thai additional weight nIou IT, the
broker who usually aets ior the Bank having 10 day
sold veis largely.
Why they have been So late in completing the ,,ay-
mcnts on thcir subscription is matter Which le-
qnnes explanation, AS then policy would be- II tht
really held at the nme the amount they subscribed
IN ESchequet to put them in and take the DIS
count. The delay has renewed The suspicion " Inch
expressed at FIRST, that they then held no TX.
ehcqaerbls but used as the dccoy To the other
parties in the business, obtaining bills afterwards
rntn tile Treasury for the purpose Of completing the
subscription. The operation must. besides be a
CONSIDER able loss 10 them. owning TO The fall IN the
stock, and especially llthey poiss', they seem
inclined to do, in olelIrg any further large a.
mount for sale
The prevalent Impression -. that they mu.i do
so and dispose gradually Of the whole oihc $780,
600. Gonsols produced by tic conversion rs lie
cnlalion which the, now hold 10 bc indispensable.
With respcctto their own loss, that vii, be among
the charges which the directors will have 10 answer
nj the approaching meeting OF the prDprietors AnI
TO them II viii be. after ALL mmatcfal !; but those
who have beenlc b, Their example into the CONVEX. |
sun will suffer more Inconvenience, and may iosily
rtproaeh them Tor what has occurred.
1t would be wrong 10 infer rom the rfeat pres |
sure at the STOCK Exchange that matters are mate,
rally worse in the commercial discount marker.
They we're uellly MS bad there before as they well
could be, especially with regard To second and third
rate bills which are absolutely Al the mercy of the
money-dealers. The transactions in the funds
merely brought 10 uniformity with them.
The day has been alto ether gloomy Tor the Eng.
fish stock market. The extensive sales of Consois
above rceicd to depressed the quotations 10 9Ol 10
for money aud 10 81 sellers Tor account, being fall
oil per cent. from yesterday. EAchcquer bills TELL !
10 Is. TO 6s premium. Bank Stock, l53 10 4 India
Stock, 2a7 to Q.
London, Aug. 3l.--'Ihe Directors of the Bank
Of England have been rs much possible abrideinr
the resources oi The discount house. IN town in cnn
sequence oi having found that it has been chiefly
through that medium that the Join, Stock Banks
have hitherto obtained accommodation, and The OBJ /
jet OF the bank is TO depfess The price of commod
,Ics. and hitherto their efforts have been chiefly
tou5ieracted by The credit and resources of the
join Stock Banks in the provinces. Money is not
more difficult IN the metropolis Than il has been for
the last weeks but within the last few DAYS there
severity than ii has hitherto done on the manu-.
featuring districts
The spinuers at Manchester have this week sold
yarn TO a considerable amou,'i at prices which they
had previously rejected and some oi the large hold
ers OF oi'on al Liverpool have been assndoned and
nh 10 'heir own rtsoufcesLy parties in town who
nan promised them support. There is every pio.
naplHy. therefore, judging from present e,near-
aures. that the Bank OF England will triumph in The
r0pes, and that the result will be a series of bank
'uptetss. and, pdri pdsSa, decline in the money
value OF commodities.
The relatively large dminuiion Of the bul,ion or
bank exhibited IN The last return excited eena,,l sur
PRISE IN the city, as II was generally believed tba
fhe importation Of specie from AMERICA during the
pasi mouth would more than counte,baiante tho
DIMINISHING export TO the continent of Europe We
bare found on enquiry that such the actual stale
NJ tls~ case, that the dminnrion of the bullion of the
'sBk had chiefly arisen fiom demand for a much
anger t1sros,op of gold Than usual 10 payment OF
he quarterly dividend.
PRosoGAu RIOS or PAELrAMEST.-On Tuesday,
Aug 26sh. the British Parliament as prorneaed BY
lse following Speech from The throne:
HER MAJESTY'S SPEECH.
usr Majesty then, in her own very happy manner,
:ad re following spe.ch:-
my Lords and q. ufietneb
/" Ile pubic business I,syipp bee, byousb, IN . g,