Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-03-28
FOR TN tIRfilhIAS.
TOWN, MEETING.

,.,in = ,lr citizens of Lynchlu'q, At The Sc
II u. IN, etIan Church. Tuesday "@nng, TIN
t"'d M = take i'ito consideration the t'st mod
Of ceyatng tic , ',o ,p''ai'' % n,e mao,
' Nv H., Tn -, D. Payne appointed secre
tary. u L C-,,,e \ym
The meeting was addressed b, ,1"n ,he 81
5 Red, Jr., and James Frelwcll, Esp,
lowing resolution adopted: ,,n,aa l.,
Resotred, That a Committee five he app. sInn
the char. 10 hllne such subjects before an ado4 ,
meeting they ma, deem necessary the present c.
Whcreupon. Mrssrs. r. X CIalle, VIM S Reid.
Jr, s. H. DAVIS, Chs. W. Christian and A. {. Elliott
were appoint d.
The meeting then adjourned to meet in this place,
on THURSDAY evening, at o'clock.
THURSDAY EsEsIsG, I O'clock, March 2i 1912
The Committee appointed nj the last meeting, pre-
scented the following preamble and resolutions, which
were unanimously adopted:
The Committee to whom was referred the duty of pre-
pring certain views to be submitted to adjourned
meeting OF the citizens of Iynchburg, IN relation 10 the
existing state of the currency and the pressure in the
ney market, beg leave to report
That doubt Is entertained to the oAlsience OF pc
cunlary embarassments not only in our own community.
but throughout the whole counry-A loss OF credit and a
general prustration Of business-the necessary
quences OF deIanged currency seem TO be co-exten
sye with the whole Union. Complaints Of the present,
anu ltNeTlSl aHAtl} III 1cpdIu 10
have taken possession OF the public mind IN every quar-
Ter. In sections these feelings have broken out IN
to acs OF open outrage painful 10 contemplate. and IN no
respect calculated cherish and sustain that wisdom
in counsel and prudence in action, essential To the well
being of society every emergency, and especially in
one like the present
That great distress exists the country there your
Committee have Observed doubt but there is just
little doubt in the capacity of the country 10 redeem Its
prosperity distant day if will but act with pro
| ia
vaie existing evils by ndiscretions The pres
may indeed, be oncrous enough but It's weight Is
greatly increased by that rant ofcon dncc between man
the fruit of groundless panic which pervadfs
the public mind Though the sphere OF the latter may
have been crcumscrbed, yet the resources and enter
prize of the country are by annihllated Time
only needed with the aids OF industry and rugay, to
retrieve all that we have lost.
1t were needless to enter into investigation of the
causes which have lead to the present depression of
trade and prosati, of credit Much is to be attributed
loose administration of the Banking system general
ly.-yet greatly more 10 unwlse Legislation and that ex
cess Of party feeling, the bane Of Republics-whch
pervades the country. and which tar more fearful IN
its ravages than the pestience that was'eh at oonday
1t was to have been hoped that subject delicate
that of the curency-so intimately blended with the in
rests of every individual would have escaped the fierce
nnter of conendng pares-but 1t seems that this,
like all Others has been orcbly drawn into that absorb
ing vortex WI strength becomes weakness and reason
inc exists there is slight hope ofany relief from the ac
ton Of Government Unhapp'y fr the country the Pesl
dency regarded far important than aueht' orM
else besides The lalsof legislation haveb become mere
gladaors circus, where passion usurps the hoheo' ue
ment and fierce partians dshonor themselves and dis
grace the nation Upon such the severest censure oi
the popular Indignation ought to be visited.
But though without hope from the Public Agen's,w we
are moi altogether without the Of curing the dis
ease Or at least ofgreatly tllevatng its symptoms Pa
tience perseverance, industry and economy will do much
in time time be allowed In the meanwhile every
effort should be made revive that mutual confidence
which has been ost-and which, more than any other
one cause contributes to the existing dstress-We
should seek to arrest every practicable mode that
unnecessary panic which has taken possession OF
the public mind and which tho mischevous IN all cases
sdoubly so in such the present-The condition 9th
mercantile and other trading classes in our own town,
we have every believe, is sound as at any
past PERIOD amongst them there Is 10 occasion tor
h. ofconGdcnre Our Banks to- though crippled by