Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1839-09-26

the value oil the money on interest Inc coming
forward Of the crops too now demands money, ana
there is no money to meet It. In the mean Tune,
The Bank Of England screws Va down 10 screw IT.
self IN. Its gripe is ON us for more specie, which,
as the rate Of exchange ~, Is likely To go. The
rate ON London now talked OF, for the Great Wes-
tern, Is ITO, and even 1l01, which must carry out
specie. Thess are bad signs all. But the exchsn-
yes of the Union, horrible for six months past, are
now exc, ~uciating. On Georgia the rates have gone
up to 6 and 7 per cent. On Mobile exchange u
liza. How long The country can submit to this is
a problem 10 be worked out: but ii is certain some
body or other must be ruined amid such crushing
operations.
NEw YORK, September Is.
Montreal has been in an extraordinary fcrment
because a Jury could not agree to find guilty jail
bert, the alleged murderer Of Lieut.. Weir. len
Of The Jury would not pronounce him guilty. Eight
of them are French Canadians, the other IS OF
British descent, the other an American. When
the jury came into Court, not agreeing, the wrath
was so great that an attempt WINS made 10 mob the
Ten iuuymen, the counsel for Jslbert, and one oil
the Judges, all of whom we're IN imminent danger,
and we're in fac, preserved by Two extra companies
of Greradier Guards. The oath British regiment
was also under arms for their defence. Our Cana
dian neighbors, after this, can have but little TO
say about Lynch Law. The national division of
the Jury shows the feelings operating in Lower Gu
NADIA. A British jury would have strung up jail
bert without much testimony, and a French jury
wonld hardly hang him II he were never SO guilty.
Our Safety Fund Banks succeeded yesterday af-
ternoop In making some arrangement with the
State Banks for the redemption OF their notes, bat
what the arrangement was, or whether all the banks
have come into it, is not yet known. This news,
[ presume, will tend to quiet the money market to-
morrow.
Nav YORK, September i6.
Saturday wns a day Of panic in the money mar
ket, and the like Of it we have not had since the
suspension of specie payments. We are about over
il. however, now. A Encouragement is made with
the State Bank, pre- tenn. at least, and fortunate Is
il for all the banks that IT is so, for atau1 pas like
this with the Dry Dock Bank led 10 the crash in
| MAY, 1887. Wall street to- day is calmer. Peo-
pie can pay their notes, and not have them protest
| ed even when they have handsfull of bank bills
| The u. S. Bank hG~ gone up to l0l4. Other stocks
hive advanced a uife. Money, however, is in,ol-
erably scarce. There ia a frettulness in business.
The currency is so unstable and the exchanges 40
disordered that property, produce, labor, all shake
and vibrate amid these e~xcitenents. The end oil
all this it is impossible to foresee. We have been
groping in tho dark ever since we abandoned the
footsteps of WASHINGTON and MAplsos, and took
he tracks Of Gen, JAcKsoN.
You will observe in our newspapers an immense
amount offoIeigD importations. These imports are
not all on American account. Such Is the pressure
upon the British money market That these goods
are sent here, and forced of ut auction, to the se-
rious detriment OF the American importer and man
ufacturer, and TO the serious arrangement of the
foreign exchanges also. We are thus put doubly
at the mercy of Great Britain. Its bank sucks our
banks Of specie. and knocks down our cotton and
tobacco, and its own manufacturers, compelled by
the pressure at home, inundate our markets with
their goods, and, turning the tide Of the exchanges
against us, drain us more and more of the precious
metals. We have no protecting institution at home,
The Bank of England Is now the Bank oil the Uni
ted States in England. Chestnut sirset ID Thread
needle street now. That " Monster Biddle," OF
whom we heard so much in 1884 and 1886, has de-
nationalized himself, and, though the Nicholas Bid
die we knew is yet amid bis %graperIes on The banks
of tho Delaware, yet the monster part OF him is re-
g~ulating our currency in a bank parlor in the heart
OF London. Are the People conientf
NV York, September IS.
There is no news from any quarter to-day. Ev-
cry thing is dull. In Wall street, every body is
waiting for the arrival of the steamship.
There is a good deal of interest here TO know
what disposition was made of the crew of the Am
istad, at Hartford, yesterday. Ii 10 generally sup
posed that Judge THoMPsoS will decide against
the jurisdiction of the Court, in which case they
will be brought to this city for trial.
The Locofpcos of Michigan have nominated FL.
on farnsworih for Governor, and Thomas Fitzge-
raid for Lieutenant Governor. Mr.. F%arnsworh is
Chancellor of the State, and Mr.. Fitzgerald one Of
the Bank Commissioners
NEW York, September 10.
On the 18th yesterday no action had been Ia
ken in Hartford in the case of the Africans ofthe
Amistaa. 1t seems to be tho opinion in Hartford
thai the U. s. Court win not recognize the claim
Of Jurisdiction, and tina; ,heteupon Il habeas corpus
will be sued out, which will bring the whole case
before some judicial tribunal. No competent in
terpre,er has yet been found. The two Spaniards,
Men;cz and Ruiz, Lieut.. Meade, and a whole pos
So of counsel for both sides, are upon the ground.
The case attracts an uncommon gathering. Mr..
Ingersoll, of New Haven, is called 10 the aid OF the
United States District Attorney 1t is stated that
Mcssrs. Staples and Sedgwick, of New York, coun-
sel for the blacks, have already addressed a letter
TO the President, requesting that, II a coll be tuade
upon him for their surrender, they may be heard.
The British Queen, though every moment expec-
ted, does not yet make her appearance. Today,
however, cannot be called packet-day, and the
great operations for the Western will not commence
til tomorrow, the Western leaving US on Saturday.
In the mean time, all money operators have intense
anxiety for the news by the Queen, as upon that
they wish to ground calculations as to bills Of ex-
change, sales of produce, stocks, &c. NC.
From Monteyideo we have dates 10 July %. An
attempt has been made TO dispossess Gen, Fructu-
oso Rivera Of the Government, and to replace Gen.
Oribe; but the end was not known when the YES.
sci sailed, though it is probable Rivera would for
awhile hold his power, though unpopular.
am not able to give you the rhereabout Of Mr..
VAS BuREN. For auSht know, he may be in
this city on his way to Washington.
:. NEW YoRK. September 81.
The arrival Of the British Queen and the dopar-
lure of Tho Great Western have made this u great
day in Wall street. There is news enough.
For the nevs, see another column