Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1840-01-13

Pu'''Vs' P'''.iss 40 w y" increase Oh mo pubhc
u'',s, ~ " '''','"" W "e "''ncoi'es ana re
'P'"s'o'""es '' '"s " 's'e years oeen compelled to
i''s "n'ouk,'' III p'''o" VI sueh immense co''rc'
'"S '"' ''s'"'se"''"'s' "e,o"pan'e" oy o,scVefe
:" e'''''''''N'' ""' SUI" h'''ass'ng oahh
s",p'"s,o"s'
D"e'''os no longer no" on 'his TOPIC ne rs CON
"''", "o, ooi, 'h'' 'he measure LOT ihefe"su Sc
' ;" W. wv, w" ""' "'sou'seh'eh'o OF ''o pun
NC money o"' an Tue o,ner provisions heretofore
~ No ' ~ '''e 's'"o''sn"eh'o u IN iuoPenuen'
~, "'ipins Aoo transferring ~ sh"ulu DC
H. I 'o,"',y an'ong ,ese ,'s'' Is
e., f" ~, """N' ~" wv P'hc'Pal
h' ~, ''"'o"s " 'oe po','hmen'. NAT "onlo
~ ,,, """y S"''n''s's' "h'en nave
' 'NP'"n'" 81 '"',Y u" 'o''nc. occasions 'hh' un
y,o,, hIa T. -, w ~ 80 , w. """ ','s
~ :! .,, '' !" ''n"'ui'oy " 'he
; > , - 80, . ~ ~ " Nv. s'"''' s"'
i W ~, 'oe 'oss' 'eAa'9h
Loo H., ', a,s' Wv mas "meau.
Rant ud,ine r,n, ox,.,o'os -, ~ Wv
'' 'u"' no'oau anu anoogV al
cams, il ,han S'a,s hanks dn,nu ea',1",es q
ordinary eonynlsons in trade adn,,is,s,cd nnd".
the present imperteet sysiem of bnnL,,, ~, i,
otler wo,ds nnd., s,,iin, lcl,,,n. .La,,a'. ~
occasionally similar false hank mo ninfinl,s Snr
, seon,a,ion would ,,I.ve hoth 10 ps,t al ~
Goyernmen, finn any lu,,hc, ,xna.,,,n ~ n,nai
reimbursement. nnd r,;,,;,,t
Both and doubtIcss bcncf,i,IIv IN Nh nIi H.
left more 10 their own resources and I,ss ~ d,n,
dcnce on each others favor. vheIbe, ms,joo,cJ l.,
cupidity on the one hand ar roe nj ,mbiton an M
other Instead of ,nc,e,s,n, II w,,lJ J,,,;,isl,
Executive power: for ,he Ia,,e, wonlJ he .,,;nno1
Of all bank influence and he allowed !, ,ts s,.,d
neither the use no, possc.sion or,le nnbI,c ,,one,
except under ne enis not selected by self alone No
IN case of the banks; lule Increased in nnn,be,
guarded by additional sccurities and G,,bidde, h,
the seyeresI pepalies 10 u., n doll,, or !, "a, ,
private purpose. 1t would tend to check imp,oyi.
nj tskn IN ia
the exchangeable value OF specie itself rs well rs of
paper, and II would secure the best possible currcn-
cy ~ the present state OF the Constitution aud laws
In fine, II would remove all inducements TO hoard
what could not be used for pitht, 10 delay payment
OF what could not be otherMis employed, to aug
nent taxes or tarllIs for dc pOses that can Weld no
cmolumenis, and 10 indul- e IN epfoaches or suffer
INC ouveniences, rs banks do, al being deptye l.
by public drafts, oi funds which, under Tie promo
srd system. would only add TO the risk md rcspun.
;lblty IF the deposilary instead Of his gains and
would therefore be gladly parted with
Condition cf banLinp t7Sit...i0ns oencralfU anil he
kind Of mon,u ,eee;roLic t.. Snablic dies.
The CONDITION of The banking inslfuiions general.
" in The United States * always a tonic If som,
financial interest But il now posscsses less with
he General Government than II did when th, enn.
ncctiop between them WAS more intimate and ex
ensivr
II is repreu,d thai space remains on ths oceasiou
far but hile uoo,c conce,,,,c ,Lei, condition han
reference 10 The ,prcial repn wfit will soun he
submitted from the l,st altLeote returns thar can
be attained
|, tho moan TIM, ort may h. i,re,,e1 c,,u
.e,urns MOI ye,vextens;e md fr,m come eenc,aI d.
=, ,I,, since III, ~, az Jnuo,y lac, tIe c;,cul,,i
f,I,ose b,nLs NO.. ,,,,ro mai. las ,,nh,hIy 80 /
IN aye,,re hoe, ,n,n,IcJ o,,i,n ono ma a., bn
Una, ethan and ,ueoty ,nilI,,n. ,h,, III. cir,
,ion nj nost of l,e others had M, beo, inc,c,sod
:, ,I ,i,,. az ~, H., o,,D,o..,... H., al, 800
,,,o .,,,, of o,; Ia n ~ -. ; ,cJn,cd !
"o 1'"'", u PIT y" ~ VI '.o' 10 "'i 1919"
~, 50 - y" "''''''"s anu '''' SINCE 'ne
'' :" '"'''s" 'N'i"iS'' ''''Se 'ns''.ol'p"s' wan
-, -, e,,ta ~ 49, w
d L ,,,lis i , i'.s' - i ~ ''"''
.n ~, -, hi ~, w US 'p' ''"e 'o""s'
$3.50 III, ~, w w. W. 1o'''"o' business
,on,s n,il.d H., raj, ,I,..aI =, a; ~
,,nnc, c,L.,,,n.. yanJ ;JiIaa.taa ,I i
i. ~ H. .; -, - -"
amen NJ ,nnch sa,,sC,c,,o, ~ adj ,h,, ~. ,,a,
,scrsio, las ,a,se c,, i.ss a,,,,.a,,ass,,,.n, Ia
=, and nrobsbs lass ~ rho ,r,easn,s .,,,,,a,
:. ios;,.s in b,ls no ,h asaa, r ,,a,
= ,L,n h,,, ,c,,,,J h.,a,o,.a -, zt;i
~ '''' 49, N0'''''e o' ''''""' w
' ~ -, f,,; M, Tt, , r
,,a hoo, s,,,io.aa ,n,i ,,,a,, ,,',.s ,ai
.,.,,, ,ha, - haf',a s,a,'., a,i .''.,'s.,
,a,s ,,a,,, ,ha,, h,,a Ian' ~. ~. -,
,.,china :, "a ,o,n,n,eJ nvo, ~ Of ia .'hI
'nn,hor i, ,ho II ltd ST.. ,h1,i ,.i,,i; ~
ANS morn han halror hc Who'll hanb,n, c,,,,,,l
~ ,hoso .usnend,ng for,un.,oI, OIL. ~. -, I,,
,ol INV ,o,siIe,ahI. o,,o,,,,s r. ,ail, ,,,o, Ia
,osi,cd ,,i,I ,b,,, s,,co Il97 ,d H., "a .olI ,L
os, ,,n, H., n,,hlc e,,,,oy hava 3D. orr,,n,,Li
.xet,io,s n mo-, vitb 6ycI,,v ,be, eopnoenents n,
Le Trc,sn,y
,rbe ,1no,itto,s boyevo, which ,bo t,,o srs
,cusio, has ciyen in ,esnect IN Tho ,,,n,r,,.o n,
o,nc new legal PROVISIONS conne,,rd w,,b ,hc Loon
,o 81 ,La With. ,,,,ov - =, -. ~.