Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1841-11-11
.sacnuYE.. NOVEMBER i,isi..
RESUMPTION OF SPECIE PAYMENT!


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III
y 10 '''' - GUS u NC "'''' E''
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"''o" =, ~ III sP' ''J "'' u'n''
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~ W. NJ f''''' VI ma ''oh anu uncertainty
10 w. '''"' u o"s'''' % ''''''' """S
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~ = " - = - " NY ~ ~ ~ o0 Ut
WIN s"f'y' a"' 'pihh'he' am now ana nave
"'e' nom '''' ilfs'' III 'so o' an ediy "e'S'on'
ana "'f'se1' ~ e0'fe'0"' o' "'i'"2 ." fe"P'd-
IN" - 'fs""'' 'e"'''s iiie u'se'se 10 Tue s"tfdt
anu 'Ye op''tf1a u 'a''s' WIN ~ me ''hpet'ng
IS l'sslbf' IN Tie Il tan llhe' mold 1t 10 be I'M
VIE 10 cease "'sto"h'ine. ana 10 adopt an 'nd's-
e''"'''"e 'sN.e'n oil enflalimfni rs D'cts are
- Us 70 Wf 1n'fatsS y ne country, and caIcud-
tea 10 ffiaia '"li.'f tim 10 accelerate ''sump-
'"'"' WIN business paper as Zee as u'u"', aud
cur III s'"'"''s on permanent af6'S' lie tor
"'e' "o"'u revive business ana increase the deois
|" TIE o"h1s less mn II would ncfe2se the abIIi!
q re 'on'hoh's TO pay ihem.
lh' staie Il mugs II not materially changed
SINCE lhs s' zen WIS delivered In The session Of 1888
l""'e'' WHICH Is aafn'l'ed t'lat some oi the B'"|s
a." p"''c"i'''y uose ol Hgh@, are NO" IN /"
S'o' s't co. non lh"p thes were lhen'-na'y Of
'''''' "'' esP'''9y 'hese Il ihiadeii h''' whose
''''" "'"s' '1e'la9S 'iHo'hte Tue po1cy Ut more
"""'"''n " ''liui'' " n"'e pt'h "e'hchtu ny IHe
o""''" = Tue = .. bihN oi fthnsS""hIa' "mch
was ln'eoied 10 m"sl oil taem' aud "h'2h has bren
coh' e'I'a to qnhdle ITS debts by the assign
"en' I" ne e'td'lo' banks o. unavailable assets
"llth u course tuo Hlnles SO much Dead Ion The
'a" e amount oil active capital
Inc question when The next Legislature ii Nn-
e'hla WI" be falied nlon decide IN felrtence TO The
'esnn pnen Of s. ecle pawn enls, would nol perhaps
present. any dhe"l,, II our Banking institutions
were Isolated, aud had no connection with the
banking INSTITUTIONS oil Other States. Blu II Is II an-
"es' 'ha' we Cannot gslae with safety upon m as
SUMPTION "h'en does mol exist. Anu the true point,
therefore, H. not whether enr Banks ought 10 re-
''' 'u' III he piesch s'dlt Oh "'nSS' i'tN
ca" resume without The pfobablliy "l luicIoe up
On tue '""oiuht greater evils ana disasters than
would be cure N ayetied hy he, umpiion. Even i!
II be rue 'hal banks lie eV'.s' aud ought TO he aba
'e'' s'i II Is me patl oi wisdom 20 get fd OF them
ny Pfocessihe irisl lheiy u M ne me comnunI-
Iy-Just as man ali eted With cancer would not re-
sor 10 ihe summary process Of tie KNIFE II death
would probably folio" the mesion, when gradual
euie nlehl be pttchanre elected by the application
OF taoie''. So"lh fesonp1on-'l' IS a "eonsum.
ma, on dt'ontt 10 he WISHED !; but Is II good poll
cy IA HI. 10 eoelce II, without reference TO the com
Parative advantages AID Disadvantages that would
+ result from oonnulsoly course What are the
/ advantages tucpattd sound local currency.
with It's roncom mi benefits. What arr the DIS
advantages which VIII Ito" itom forced rcsump-
on' II the Banks be unable to sustain The pressure
! Let Mr.. Calhoun ans"e.-ahd We prefer that he
should do 50, because his nnine Is authority with
m"hy OF liesefy ma Y dnals, Who, Withhold i'ieren'e
TO c'nst 4uehtts, lushg Tie argument OF the Aboh-
"oh's's' without perhaps beng conscious OF n.y. <"
Ion at lhty tall ne nehl, without reference 10
"h'l IS HPe"'ht-p"sllng a. abstract d"c'fihc OF
Pon''e' moi"'s 10 Us extremes and "'iulH cIoshs
'htf eyes TO me Circumstances by winch all SQUAD
po'"'s'S WIZ aef'e ''l every oeehlne' IN IT'S pa
'"e"' elo'ee" f9"pPa0n' V"f sfeh M o''-