Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-02-21

IN, AGAIN reported with important NEUTRALITY-SUSPICIOUS.
M thai the l5aa shah BE- rrclc ENABLE r thry-two
wars and the company a1reeaf. from its tolls. not oily
!, rae It's interest, sur u lay aside fund II the recr
ton OF the prn,tpal, within thar time Is fate. howe
ver. even in that shape nb,la 1t VIII probably be
,aled up tomorrow next day
YOU will OBSERVE among the bills reported, r rl4e
estab:shircn; ofan Independent Bank at Scosylle. in
III, county Of AlBenarlc. Tie idea If Grating
Rank at this time. when the whole system seems L tc
compiling to its tl may excite somc surprise but
the committee was induced To report the h in censc
uepcc Of the new features embodied in II, in aee5r-
dance with the prayer ii the petitioners. They ass FIR
Bank, 18th captal Of S.o0GGo. tut with de priv
h y4s fAaencing operations $1,000 shall
have fo'gsutscrsc cd md radin all IN specie and the
stockholders be bunl for the redemption II lis obga
tons to the whole extent Of their individual irtuucs.
Some PERSONS who would be otherwise opposed to tic
creation If a new lank, seem willing to Try this new cx-
pertinent upon this limited scale. for the purpose Of test
ing its capacity. with such unusual restrictions, be
service atc totho community. hardly think, however,
that i, will pass
The committee # Banks IS not yet ready to report its
bill, in reference = the resumption Of specie payments,
10 the House iEonah HEY have the outlines Of such
bill, prepared y It's chairman, hofrc it, 1t is not ne
ccssary. however, TO state what It's provisions arc,
Nhoughl may say thai they are HGouehly radtca.)
az they will certainly lie greatly modified. II entire
" changed ,-iiuot in the committee, in tic House
Lord Morpeh made hat brief stay III R.clin,oud.--
lie left day teoro yesterday in the fr the South,
designing extend his trip as far Charleston. He
WIS., while here, OBJECT OF curiosity than atten
,lon 1t is prJbabe that the alleged fact of his having
attended and c)ulen1ae2l Abolition meeting the
North was the Of what seemed he be his
= ~. Il.
intense as he proceeds farther south, though presume
he will not meet with any marked lnciyty.
You will sec in the Richmond Wing, As well as in
other papers, strong effort making by the friends Of
Gen. Hamilton to avert from that gentleman all suspl
sion ofan Intentional misapplcaioa Of the bonds of the
James River and Kanawha Company. These friends
arc ignorant Of the f. Is, ard Therefore mds in
drawing public attention poinedy to the subject
have seen the letters Of Gen. Hamilton 10 the Presi-
den, of that Company, which leave not shadow Of
doubt that he has been guilty Of the charged and
ono Of them expresses his deep pain and aorGcation
that he had permitted himself yield to the tempta
ton 1t is due to Gen, H., however, to state he
pressed the utmost confidence in lis ability through the
agency Of his friend aud brother IN law in New York
(Mr Crugcr,) 10 make remitlaueos to Europe IN tine
to redeem the bonds thus improperly used and save
the Company from all loss. And II not until let
ter which had been addressed by the President o the
Company to Mr. Cuger, in reference TO 's ability to
make such rcnittancts, had remained fr some days
unanswered, that the Directors deemed 1t necessary to
make public disclosure Of the fact opposition to the
urgent circumstances Of Gen. Hamilton Ii has since.
however, been ascerlainod that Mr.. Cruger had left
New York for Charleston. some days before the letter
to him reached New Yorh-taou5h . he has even
since had sufficient time to reply. and he las done
So there is as yet believe that the charge
agains, Gen. Ianl,oahas been either unsusly pre-
maurey maAe.
The PENNSYLVANIA Senate, Ike that Of Maryland.
to be rather discreet, in reference to the ques
ton Of the resumption ofspecie payments, lhan the 9th
branch Of dc Legislature In both States, hayeno
doubt, the ''ho haste ofone House supcnnlueeu
by knowledge ofthe fact that there restraining
and multiplying power in the other The Lucos could
play the part Of immediate resptonjsts in accordance
with their precious pledges, with perfect safety. since
they knew that their decision would be vetoed by the
Wing Senatorial najorities. In the lugiaja Leglsla
lure, the Wings Of the Senate having no power
the wishes Of The Loco Focos Of the House, you
will not be very likely to witness such an AnliHaaA
measure. You may take it or granted that the Banks Of
this State viii be required resume before the frs
Angus, neYtprcbally not before The ls ofOctJber-and
possibly earlier than the LIST Of January 10. The
admirable letter of DR.. Brlchenhr5ugh on the subject
will probably excite great Influence upon the action Of the
legislature and he manfoslly lnclines to the opinion
that the Legislature ought not to fix positively any day
prior 10 its next annual meeting. If such day
be fixed however, predict that an cri'a session viii Be
called, norder avert the disastrous consequences
whic' = csult frumit. But have daressed. Tho tll
which used tic House Of Representatives 81 Pennsyl
vania by overwhelming majority, required the Banks
10 resume 0siantcr-Ihe Senate committee, to which
twas referred has amended it. 50 40 - provide that 10
bal'k shall iii the Of % days pay cut IT. spec
more than per cent Of capita-a provision less rigid
than the requirement Of the original BILL but ridiculous
IN THIS, that 1t offers nduccmcn to the holders Of the
notes OF those institutions run upon them as RAPIDLY as
possible since those who go first will receive hard mon
ey until per cent has Lecn raid cut: and then the ma
en'ne stops again The probability is that tbs proyis-
ION VIII be stricken out and that the Banks ertho STATE
aswel as those oMaryIand and Virginia, will lie allow
eo ''me to prepare Tor the final struggle
lhr rumor from Washington, for some DAYS prcya
n'' mat Mr. Secretary Forward to be transferred
from The Treasury Department 10 tho vacant Judge
'"pin Philadelphia and that Mr. Sergeant or Mr. Spen
ec the Secretary Of War was to succeed him. turns out
" nave been without foundation the President having
'PPoihtcd Mr.. Bradford. To the vacant judicial