Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1842-02-17


Lei lhe fesumpiiop he begun. and the rrsui
i will Prave hos etoundlesS are HE appFebensisso
+ ~ disNess. ii Is well Known prlarinle in hi
draplies thai water will led is Levels and il Is
principles oftfade, M less lr9nghiy established
I that epmmcdiies will God that marker iin wh5ef
ihsy are masi ia deinand Lei there be \ a.
T mand fof CEN Iosassiss 10 diiihg tbs channek al
our circulation, and The Ie1eppsion oh The nc.I-s
ofiopf banks, and there no fear hat The SUP.
ply EslInoi be entirely equal 70 me demand :
Specie Is now leaving this coe6try hecanS4 We
have &ispeasei with lis use. and aereed,io SUB.
ssliaie III iis siead fai;hisss and violated rroni-
/ ses NJ banks so .sf tfem COR hanks having
JuSicapse 70 apprehend DIAM nf their specie
aud that efthss safe BIZ adisceni SAFES aad Their
banks The rrf4isf demand SefewiIi altracig ron
ben. The last pboT Hina psnce 81 i fire IL cork, =
This RflnciF,fs q I1ats a. 5aerfui il us one.
sTaiQn. hat The New York hanSs have not anlt
SUSTAINED themselves lin their resumption, hui
we're able, with a cApiiat Of. ,wenly-rhtee mif-
lions 81 dollars n resist the concentrated efF}rts
of ihe UditFd States Bank, which. II Mr. Biddse
Fis ~ be hafievsi hfkke by iIs efforts 10 ea,rInel
t4he Nsw Hnrk bauks 10 suspe ID. TIere welfare
the slaipHs Spectacle. OF Due sci 81 institutions
With cap]talof iWenty-lhtee niflions offlnllars.
armed wiih hoHestg,a and "a e behina The ifrever.
sebleiaws qftradr, S4sainins, frt;in an i1stiiu.
iinn.df hiHyyfye. millions II capital an assault.
ne reeAil II which, humbed lae assailant low as
her wof4t etsemeS 'eopld wish As rhe dlslfesses
ofmerchh ftls of'New Yofk consequent unln The
resumption of srerie Payments, have heen a
irpltip sour 4gf Misrepresentation ana alarm,
IT'S pfoPet 10 say that her cendaiep was pecu.
, liar Herbanks baYe been he receptacleS If
The edvernmenr and Slate dspesits 10 large
amosni, whirh have been lenl io'lhe merchants.
Nlnyesled in water olS, western lands, town lois{
9oW h The woods, and destined 10 he "a. atleas;
dnriqsa ihe present century, and other wild
and tlsineaFg siecnlahers. which were wholly
nH9vailahl E@aS means of payment q The banks
ln>JanUaTB The diSc0nnts Of the banks Of
he city Nc New Yofs were fartyltwa millions o.
delafs; tliey then owed tie s6vrtninent tw Ssve
riffifns Of dollars. InMav 1898, The line Of
resnmRti9A.ihey OWED The eopernment liltle. If
apy lhhg hRyhg paid liz dcnosH and heir ais
counts ,wete reiaqet 10 thtlY.ene ~inlliens of
dollaFf ilans tbey Have PAID two milfhns more
hanthe entire reduction al iheir hIsce0Hls -
Fren theSs circumstances arose the distress ana
sufsfns of lhe Nek York. merchants Tho ~
SUMPTION vas acro htpiished lii ihe more prudent
New. England Banks, @ith FEY smaA iacenve-
'nieHceto fbair dealers. n
the CIV POSSIBLE rleRps Of compelling the
bdrksofttiis State to resume specie payments.
ls tb operate upon lhetr illeyeSiS o' make it
lkeF interest Ia nav. Their sehs ihi3jaes@are ail
c6ncraaattA Ia ghe pocket-Hetve fouch. >thal.
aid iheg will fe,n6hd u yout'call. and ne ODE.
Slent--l@ Ill vfa Their maaasefs,1afe subtle
afylaf and Willy, and unlsssthelr p,efesls be one
faled ppoo, yetr lfgi!leiits aeiiod gia be .ptfei
II ihe bid, hi, iahth md3sd rs tnaetanis tcIa MI
5Jofs he alaosiiad ctheir ararits
like ekgG 6tsrt he stinR !
II Aeteyefs bank sfbrarch Of a bank be com
: VI. t III
thrsl day 0ieaCh month, statement Of its gross
sbrdls u1aer HE oathof It's officers, for The pfe4
fedsag month, and after deducling eae twelfth
Pf SSe an5tai ~ 30 srei pann HE capital stock
bala in. iot The expenses of each month and one
Iwe.hh cf Ete per cent. fo7 dividend in lie same
hmF. ifum these gross profits, lie, the balance be
passed 10 ie. q eli:t-of the HeasureT To be bF
him applied G7ahe increase DC W,E common school
fond 81 lAe SH!e One and a hai1rer cent PER
anhum on rir7aa rita siQcE il the usual allow
aqce for eSpenses. 4Jff,iive per cent isdiyidend
enoish ~ INSTITUTIONS So obltss If law aid
iAe nshis Rt ohers der them Experimentation
shaving theiT own notes, 81 those ofoiher banks.
hndtffam Ehat-ii-g prpmium of-exceedipg one
bali per cent fer any bill, drawn npon place
pot MORE aemge than 900 miles, and not
-Fxoeedlng eaf per cent. for a aiIisupen osher
4 Le, buds be dgne sfd resumption Swilltbe he
Ewotk " aa ihsl4bt TneSee,aua sing institutions
viii rstca4 SaQw yol3 h,,w sinkeie are lie PROBES
sfonS III sympathy .sfor HE d9ar Feopie," and
bow eng iAeN are wing 10 Ihcnr laber, riS :
andfe{panstbFlfy iof he edGcan9n Of the poor.
No poprdhid VIII ever OBTAIN Ihe Glst rudi-
nehis Ff al educalf4n fSom means -lhus acqCiI-
ed. mot e&4nl his A. b. c. Thes4eSnmrt0n VIII
he accomplished within the Isl month af4ef such
a law soeF Toto operaifnn. Buff we oteI raie
the salntafyi Influence Of the measures recon;
menhed, Te shall have The consolation pEknoa-
ilg that il We are %rdnsed, it's for lhe education
If nib pd9r; Il the public morals are cpgfupied,
Il Is y ehs shien The public mind. Welatverled
IN afprecettipe pan 81 .shls peiiio9 % The fact
that We were. undef existing orcumStapees, con-
I Slrslnedtnnas tax III ten per GENT upoh. every
Article, NJ W. pIidAef Of ogf own state, that
| We dn1Snme, and we link aIpEopeI again 10 call
EYour 7uentinn o tbis subject The AK Tins d.
Wed, fa Mitigation ff every pfncirlt-efltighl and
reason. ippt ohly without Upr consent bat against
| our VII IS more 1ferous in amount lhah any
TAX we ray, IhGFher 10 thP general dr state So
vef1meat and pefhapsto both and Il is more
Elniquif0ts Vniinciple and ten % owe Rrehief in
afnduhi jkan tte tea tax which tie British go
/ vefpfient attempted 10 levy on dur ancestors
and ne fessEance 10 winch gave u, exlslanee as
nali4ni s#
l5/F@ll what end are We thusep luidereds for Wha
Xend are jpubiie morals CORRUPTED by lie vicions
Eexampls oilhe baths fpT whateht Il ont na.
uoDal character DEGRADED 10 tie estimation d
RaloBS i4r whalehd are all lhe other ilfS Of az
/ uredeemable Raref currency Inflicted upon d.
! In otdef THAI, a1eg bank fapQIiteS man hoTfoas
use, and pay inleresLtipeG three Ter cent. mort
1 bank di4cpuntS ihN ]. pecesSaIy for hgwapis d
tfades III ardef:thaf ihefbanhs may diaw inter
nnnn ,s,.,a ~ Il
I they could keep ID circulation. and &fneet lhei
ensaseaenis and ia orGsy at ihsy rtag receir,
sai lsgtr deeesstans u t4gaias 81 ihtir- yell ,Ie
+ Signed sflsrnes IF sisinning anil dssciEs ,,
Ia eonelnSlon, we implpre ypp ID tie moS,so
1 Tenn manhef--we conjlfe yCu hy the sacfeC
memory q our ancesiofs--hy .lheI high hopeg O
/ the fnendssof freedom here and elsewhere-b,
z thc h[isht EXPECTATIONS II The rising generation
/ ~ ne fair name 81 her ID whom IS Que alike 30
love and ailegiance--by yobr.ewn solemn oath
lin sho-i hy every hing memory hold
DEAR l9 check the lieeniious career Of ines
[ eli0fs, snd 70 EelieEe US from ihsir eppfcs
i y MayiIhe grearGod q: an have toui Ia lis hoi
keePins inspire you with 11st sense 81 You
duiy-7hnd give zeal and ability 90 discaargeit--
Is tbe atdeni PLAYER efye0frpttitioRers.
4 TIE ExcHEQuEa--Is Is stated in ID,
Norlherfl Papers that Mr., Tellma6ge, lroq
/ iNs senate COMMITTEES, Vitl al an eaill
4 gay, make Report upon The Exchelue
scheme. Snndry notifications d ii,
I Seereiaryis plan. will be proposed-bu
/ tbe particulars ale no: knour.
Il We snail have much Confidence III thl
,Ssa'gges'ions o. Mr. ,Tsllmadge; but VI
Il doubt his OF anY Other n.an'S ability d