Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1841-02-13
NEUTRALITY-SUSPICIOUS. 4
Feb. 9, 1874.
FOR ruE TINES.

'''-'A ~ FsNSiONS, dc. &c.
"'rd sasPe"sioa of Specie payments by the Bunk,
1i Eastern Pennsylvania. New. V.rk nsir,,aro AM
MARI land having verellcd The pr,,lictius C tb,,
"ho' Tor months past, have been onde,y,ring ., 81,
'I 49, 'he l"1"c' ihH fefUmit on in the Spring OF
1i"oni be promniurc;musi hc followedby "A curre.
Honolg suspension m oil the S,utkern Atlantic md
western Stats. Whether the Banks in-New York
nnd The Eastern States can sustain Cask navn.u,s II,
me existing stlie "i ihe COun ry sni Of our Fsrcign
dent Is To say The least, very qucsilunabls II thsy
s"'i' cohc!ndc 10 make the attempt and sarceed il
must involve sacrifice Uf the interests offh. Nam
featuring and Mercantile Community Dthe fir, nIoc
and then ih"se Of the Farming interests flor il - i,r
I"''lhir Thai produce command good prizes with
restricted Currsucy) While # they fail which q.
NEST prohable-iheIr aill be exhausted and
her ultimate ability 10 fulfil the purp ses or their or
Canizaiipn destroyed or greatly imu-irsJ-iiosc 70
ina lis also alicable 10 Banks located IN an, ,re
Western RIVER, aud IN limited degree To- any IN The
interior, Which may have in view similar sxnerj-
TnSnt
u becomes therefore. an object Of vasl Importance.
70 he people u use the term ~ most enlarged sons.
oi every section OF our Country, To dcicrninc-and
That without unnecessary delay ON the cDpr-c ,SlcI
The Banks 10 Their respective ncighb,rhooIs slsuLI
adopt Ia the present crisis
That Western Pennsylvania and Western virginia
should continue specie payment while the eastern ji
visions OF ihcse siaes AMI the adjoining sai.s of Ohio
ana heniuoky a!e suspended. should neither be OK
pe'ied nor desired 10y any citzon:-nor Is i'll apore
h'hd desirable that the quasi payments whcI, onr
banks have maintained for the last wear ortyo sboUd
DC continued for although their old demand no,es
hhNc been readily redeemed with euiu II Is notor,,
mat TIE small amount Of such paper sill in circulation
has almost ceased TO firH part or MARCEL oC on,
cuialng medium, and Is q mere article of trof;.
wan the brokers'. During a fsverish and unssf,IsJ
s'nie OF The money market and partial suspension Of
specie payments those Banks which do pag must nc.
vessnrIly restrict their and their
call In their loans snd refuse new discoY,,s o, oI
lhey must adopt The course laucrIy pnrsued bv ou,
wheeling banks. the Exchange bank of Pitisp,,i ,,
one OF the Columbus hanks % the issue az ,-s, -,
pas able some sN OF twelve months after date Tbs
oApcdieni has, doubtless. hitherto worked well 80
enabled tho banks 70 DO business which they ofer
WISE could not have done II has been of cocnIia,
advantage g. the farming Interests by snatIiug "a,
dealers t. pay fair living prices for their prdure Ro
l'e Issue OF fosi Notes cf small sa0iaaRas i, bv no
'he'us I'giimle blnkug oPcration-Nhilc IL is and
should be justified, Temporary expeJi.ni-,, al
iern'.i'e-SuiHg supposed tsmgorary srsnegsi,s.
They .aEe neither designed nor are they rop,sn,I,J
as permanent circulation
rs matters now stand. the subject Of issuing P,.t
notes deser Is careful examination The pycss,t
suspension lis The Mird-,yhieb has orr,,r, -.
aholi three years md unless the signs oC the time.
Nre very deceptive 90 Will become universal anon,
.h' Saies and probably be Of long continuance
nave no doubt Nr EduOr, bot The best interests
country woLid he promoted by general ap.repcpf
'ni'hA hI our bihElng Institutions 90 sus3cud-gBJ
gay 'HiDeHded-iof tbfce or four perhaps E,r five
years by That limo The rccupcrttivc encfyics of our
people. and The abundant rcs,urrcs of be country az,
lained nnd cherished by adequate ,lfn and Pster
Hfi Government would place our institution. IN n cor,
d'non 10 resume permanently Hu shall not cpts,
Ini '''r upon tbs question 90 prescott Nv oirrt p
'as communication Is % call The attention 81 on,
'1hhs on business men 90 the general subject m a.,
lsrc bot such order VIII DO taken in relation fs,
ihnll best subservo thc public r3IJ
in my humble opinion the correct course f,r b,tl
nf blHks( in ihe receip of INTEL gsrro that fi pt
p Richmond. Petersburg md N,riYIk have srsoenss5
wv PC io s'ui Their vaults, and husband fllr coin nm
more propiiious Days return Having done ihts f,oy
'n hen extend liue their limo II discounts on bl.i
IS paper paying their demand notes ne ofolj. with
'leV. ~ They do NOS susDsfd enfrtly their demand
''es WI all he hunted up ns an article Of srar apJ
, "'s'uled i'r eoin Wills their post notos. having
~ "sci = ~ months o. run. viii Do withhold 6,r,
''i'uon and returned in like manner NJ so,p ,s J,o
men spec'e commands or 5 Der cent prc,,,y,,
= eastern remittance port nsies which viii eyer,
ny ora" com eau be probably held over until fbci,
The notes NEirh our banks have co,, 10, ,..,.,- d
20 nfe 'csrcely adequate 20 bo dernsnds al 80,
10 TT one % noe wish 20 80 our pape, ro,..- O