Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1843-02-27

!
good lh vi S1to nj confined 10 the public cfed.
Tor. trt extend equally Ia lilo private dehiu and cred
tsr. One 81 the tts resulting fbm this measure u.s.
longer rs p1nenont and greater uncertainty IN the col
irrteh III debts From this cause. sud tru the all Of
STATE stocks. the private bonds Income deprecated IA
mafhei and ares III NJ greate d.ruunt than tip ley
taes ofintcest Money cras-s then l. he l.auad oui-
tr the h1sr viii MT loan at sN per ecnt vhrn he can
purchase gp,i stock private hnts a PER ernlun
decennt. The ctenlai'u If the country II Diverted
FINN its or,lin~-, mud lrritia .La pnr
usufy aud shaving nds, sud ceases PERFORM The
nforer functions al currency terohns concentrated IN
hr hands n shqyers au speruatos. that class o
interested dcprryjatug bonds and drpr sAn5 property
\ monopoly In r'ear extent lakes thu place Il dti.u
sivr aud neral clrruanon, and III lIsturn, tbs
rapn Il rlfcnaton Increases the pane and pcuhlary
embarrassment To illustrate the In which Tins
concentration If currency may Ifon general pa
NC and loss al confidence public aud private credit,
nprl oulN saN The rrapltun which the circulation Of
bears to lis lpulatun aud aggregate wcath.
Assuming The pfud al Ives L. 1889, the ug trsalc cir
calalinn + The Banks oil the l. = Wss afNty mens.
Arna tnrtan under five dollars per capita iuf the e-
lfr population In the same rernd. the tanhs III tain
ia tun sled ihe s5mr asea.e circulation ni near !, %
Ia etc Individual In loSs. the period Il the greatest
eSnansan of the hanls. tic aggregate circulation the
l. s VIZ Sl40.O0a Uuo h,lua hactI,n Il ! % gcr
cqpia tl lpglliiun bt the unlan. Tho Banks al
Virginia then had ctruallon Il uue unltenf ,I.tec
hanrrd thousand lllfs beng heN Is, PER cGpiiue
cnlian al cl2hl dollar. tir her population. NoiMdh
sIalliHt IL" Pa'' h'sl '9''' sl''' pay M '''' a"
ttr tlal bankruptcy ul many Banks hy Tho hicN
nim II m the INKS ii The Guel States, HAY unish q
per chFfa rirualeh b" nv dollars, ma ne h2nh' 81
Nir4ma l.heN l5t, MAINTAIN ia" 'ul li'"''e "a e'sN
ht'n " m'' ihc II 6 @irNemnS' ai' s1'e2U'a,' anu
- near 'h' S'tte N5'RlaI" III ,'''N q""''' ~ Nv
mon ava Na!'i "'e 1@'oia h""hS N''Nl''''" '"'
cnrtiird their circulation. regular ratio via tho
'5a"ss u the '2l'N' It ~ 'a' ~ lHSa "' ''' ,'''
me same hn.Aol ~ ''es IN "''e' us oli'"'r III ~
ina ~ al Nif2n'a h'l's ~ "h't '"'S Al 'n' la'
"a II II ,,Ii mi NJ
tdP'td ctit'ia"a Wis INV ''A'' "'''''s' -" -
ll"f =" hi3i' 'han 'f' l't} ,47HiA' H'' e,'e"'1o"
va I'VE Il "'F" e'Pu"' 'o' t'"'t Io'e'''' ''''
,iau2h' 'e' 4' sIPly u's, oS'nI " '''o 'plp''s :"
! ''d'''N anu -" A''4"''"' lama "s ' = l',
/ 'N'eA nv t""'N'i' -FN"E "'"'' 10 ~ 49,,
u "i '''''' ''. '''' ~, we ''''' ~ a.
2f,aSI tsi'N 'N"eo'.p 'o"' ~ WV ''''''9 ~"
SUI" "a 5a'n ~ '''' WI N'' " -
Is''' 1''li'| ''' ,, - ~ y -, =
/ u'''s' an, = "5"'. W. va , ~ ~ Nv,
"""fH'' "'a'"'s u' ''N " - -.
"'p'la'4a VI 'e'' -. -, p" '','' y " Wv =, ~
'''' ~ - '''o - '',.,'' t,'l = :,
! H" 'ei' = ~ ''"'e - -
- ,,.f l, ..,,, - ,,',,, =, a ,5I,l'I, n
s,1lle sa, ,b .6a,'l5 ,,n r,., y, ,,l,c,, nm
I IL. =. - - - A.. - ,4.5,, - l. IA 6,.,
! = lI, ','''' f ,'i ..,l,,
,l.',,.,}l . -. = l,,,. 81 - ,,, ,,,,,.o.,, -
ill., ,,', - ,',,ti,d ~, NJ ,n,, y, =
f ,a, l..,, "a, ,,,,. d..,,.l. ,.,,,a,, - ,.,,l
- H. -, -. 10 - I.,.. -, IN, ,,.,,, -,
,l. D., INIT ,,I l,,,l,, .,g,. yer, IA
4 - -, 81, ,l, t,,.I, Il nd nm, =, /.
,, ,,#,.,, r,,,,, of llttrir# r,hl thousand and
,l',,. ILL., -, "a..l s,le y bfrrQ,r mr., -
/ -, l,,s. r = ,,I.. NJ a., f,.# trael If land
f. ,,., -. -, . 4. a., ,,,....,, =. ID, MO-.
- ~ icy, ,'l a,' ~, ~
~ c i ,II 40, ,.,',. ,,n
f - -. - a,.In, ,i- ,t,,,1, Igs M,
Lr=,,l, ,,,-, ,I LIlrs -, ,,,,o,' mud ~, rnny m
- - n Ia, - ,Il l,,gd rin,g1 =
,' 80 -, add a,,, -, ,,1 .,,,,., o,, l,nlf
I