Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1839-11-11
THE FOREIGN NEWS.

THE FOREIGN NEWS.
NJ. hare cuIed from The mass Of foreign intell-
,.e,,yed bv the Great Western, every item Of
-, in, which We could make room-making
e.,a.ts, particularly relative to the cond-
.;an If The Crops and Markets
hs ,ublic will be gra,i6ed to learn that Mr.. Tau
l.. The agent Of the Pennsy lsania U. S. Bank IN
.ndon. has succe eded in sfec ,lng arrangement,
h.,,lf Of hat institution, Which will almost Ger
,,,y establish its credit IA: home, las ii has e1eciualy
done abroad. The news however, Of its suspen-
-, n .peei. payments had no, reached England
zen the Grea, Western sailed aud II is impossI-
HE 10 anticipate the effects which may have been
rroduced in that country by the rece'p. OF ha, 'nior-
ma,ior .mbtllish,d as il doubtless was, by the IN
|, ,e,,sttd c,oakings OF New lok hostility aud the
n,ciudiced stat, ments Of INSCRIPTIONS poiilitans,
vLosr Hatred Of that Bank, merely because /, bears
name Wild off nds their prIde seems 10 be as
!, mu,al as the tabled yutue which led upon the
r. of p,omeheus The effect OF the in New
York was to enhance Immediately the price Of is
.,ock. heretofore d, ecated much below its int,in-
,c value by the uitks of j"lbers in stock and in
noli,ics. Sales were made as high as $50 on the
a,b. in New York. though, Two days before. the
.,ocI va. as low Us sec. II Mr. Jaudon's negotia-
,;,ps rh,ch were said 10 be pending when the Great
Wes,ern .a,l, d, were consumnaled before the news
NJ the suspension reached England, or if that
.u,e shall no, have produced an unreasonable panic,
a.. entertain no doubt that the Bank will be render
cd perfectly easy and thai. by shortly resuming
.pecie pay eis and contracting gradually its bust
ness within narrower compass, il will defeat the
.nguine hopes offs enemies, no, with mole than
I. =.
cies over It's anticipated insolvency. even though
should involve the whole country in its downlal.-
1t seems 10 us they would prefer the perpetual de-
rausenem ofcurrenty, the universal stagnalion Of
trade and general bankruptcy, rather tlal tins par
ticular Bank should defeat their Vaccinations and
talsify their predictions. While We admit,
have heretofore done, that this Bank has extended
lis business widely. both in the purchase of Cot
ion and The issue Of Post Nolcs,,he last the neces
sary consequence Of the irs-we cannot forget that
II was done to uphold the value Of our great staple
when its threatened decline would have involved the
whole Southern country in deeper embarrassment
than that under which it is uow suffering; aud the
merchants Of New York who are now endeayorng
TO stab il 10 the heart, ought not 10 forget that it
stepped in TO their relief at most critical period
hcks." Party blgots may rave aud rant as they
please over the APP, aren't embarassmens Of this in
snu:iou; but the New York merchants
unplattful to their beneiactor when they write in
these angry yitupelatons. Foi one, we feel every
ronf ence that this Bank i'll come ut OF the fur
nice without the sn ell e fire upon its garments,
unless inj.dcious legislation be added TO the other
of emba, rassmenl by which il has Leen recent
ly surrounded.
The Harrest in Great Britain promises, as we had
supposed by the complexion oflhe previous foreign
advces, received by the independence, TO be an a.
vera:e one IN quantity. though ii may cot be in
quality. Oi this, however there seems still TO
main shadow OF doubt, the accounts being some.
what variant and conrad ctory,--arisng, presume,
from the fact, that those TO ahom are indebted
for them, suy ycd the whole fl Id Gom differnt
points Of obse walton, and decided according 10 the
"liehs and shadows" which fell upon the eye Of
the observer; or that they severaly judged oil The
entire years products by the aspect Of some
contracted local section with which only they
were faniar.-lo France there seems 10 be no
doubt that there is shor, crop, and The same re-
mark is believed 10 be equally applicable to the great
gram countries on the Baltic and the Black Sea.
=" SP"'", oh lhe olnef nanl, Notwithstanding the
amount Of labor Withdrawn from the cultivation Of
me earth by the ravages Of a long rrotracted civil
War, the harvest seems have Yielded not only an
abundance Tor home consumption but likewise large
quantity for exploration. The domestic market
seems TO have been but slightly affected by the
news, flour and wheat still remaining pretty much
at previous prices, which pobaby they will continue
10 DO until the British Queen bring us further and
decisive adviccs as to the probability Of foreign de-
nand, and the extent Of that demand upon our sur
plus products
The poial intelligence from abroad is of ye,v
little interest," except as it indicates the probability of
the occ urence Of d. fficues in the final adjustment,
OIL The affairs oflhe East, growing gu, of the con-
h's''ng interests Of the great European Powers and
'he existence OF the smouldenng pies of discomfort
" revolution in france. Some of the euer-w,ite,s
from England so speak Of the growth and spread of
d" Anu Catholic excitement in Great Britain con
0equen' upon the PROSECUTING Zeal of that ambitious
""cn may lead 10 the revival Of those sancui-
lay scenes when the cry of No Popery." was
~ ""'enwo'd and The battle-cry in England.
refer The readers 10 our extracts.
W The New Orleans Courier, decided Ad.
:, paper, comes ont warmly in favor of