Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1839-10-17

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le,nd i..ot,ef. Tie premature resumption
.r,5. ,,...,s h, il,. Ban sslias resulted in the
u >ilS'' -
yeriileanoa ot ihapfsi'fi'@ ' our "''s' s's''''ps
daanf ets a ha l4fefold tla II would oe followed pN
anofbrr and "A speedy Suspension. The blow has
-, ,,. ,,o, MS therefore pnexpecfrdly-
=. 10, .....,,,,, n he in, loss lan,cn-
~" 81 = W. -,
ten.
The Philadelphia Banks werei the hfst 10 yield TO
the rr<slfe Of the npcesstv which lefl thru no al
t,,.,,is le,,,es IN. ,foo,rf albanian .f Tins mea.
~ ." ''.'.i CIV" '''''' -, "''' i
faI wreck oil the e"m"efciaI eomhil'Ii's''h" eA'eho
mg in consequences, ~ every class of the PEG.
,le and 10 every pursuit in liIe,-tothe agricultural
81 a. ...l, 80 >, ,I, ,,r..,,ti,o ia.
/ = =,
/ hey are all 50 intimately ia'"'"f" anu pep"ea'
that cannot be injured without affecting all the
rest The following extracts from Tie PbIladelphia
- "a, -. .,...o..,... s, e,,........... =.
i"Ps ~ 80 ~ ~ -
WIG" ne hahhs ~ t'a cry were hloie tnih' ai"te-
y aud directly Innueuced;
Prom, HE NatoBal (,o,ote
ct-cnEAeta>f Dr snrr,,,# ,,,.,,r.rr
80 - ''o''' = y - ..
cenhhat'nn q adverse cifcnn stances las re-
1ncla"iy eoheaca Tie BANKS OF this cal 10 resort 10
temporary suspension oil sPeeI" payments The
ialhfe ol the harvest IA Eoeland las' year causcda
dethand upon th' Bunk Of ing land ior more Than
SIX mlh'nS u pounds s'ef'iHg about lhiay millions
d dollars "h'eh was drawn IN gold aud silver from
~ s'"''S "'' 'Alo''a 10 He comment 10 pay Tor
'9'ii..,,..,...c
ms "i.u'''N"l q, So large an amopnt I" Spoeie
~ '"tt' sSSon IA Inc F''ae Il cotton
'u" wv A'iVi''Ia I!"dnce. ana OF course lessen
ca our hf1ps' III r'gl"hd' o paving Tor the large
amount oil lmP7ria'Iens ol Iefelgn merchandise.
here has therefore, been continued dram upon
our o''Ns'of >PeGle 10 sup l" Europe TO supply ths
deheIencS' Nalilih& can be more honorable 10 the
character OF our merchants, HAN The sacrifices they
have made to support Their credit both III hone and
abroad
In th's honotaole struggle TO maintain inft9lte the
commercial Character al our county, they have re-
ecved every lpppf 1lufh was IN HE power OF the
Bdahs to render hen There Is however point in
human affairs, when il becomes necessary 10 resottto
self preservation rs the ifsr law OF nature That peri
/ cd Is no" anFed every effort has been made by
our Banks 10 stenlhe torrent, but IN vain.
In support oil Tins declaration II IS only necessary
10 state thai since the late resumption OF specie pay
neot. the Bank c ( the United States has paid
specie upwards Of twenty millions oldollar<. In adj
dliion to this. the Bank has made great sacrifices to
support the cause OF internal improyeme nor oaly
in PennsyI ,aua, but elsewhere.
OF lie ability 81 our Banks 10 meet all lheit en-.
gagemeuls, no one n doubt. The salty Of Bank
does not consist in the amount OF specie lde in It's
vaults. but in the ample security which holds of IT'S
debtors All thai the Banks require IS time 10 col
lect the debts due to them TO enable them resume
specie payments
From The Phaaatlphin Ga-eHc.
INP0RFANI MOVEMENT, W LINN, ,,.,
q conference Of ,eleoafea of lle no,,I nc,r,de ,f
TN. e,g. WIS held Isl eyenin, =, ,I,,l, II as
! 49,. ,,,..t,.,. 49,,