Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1843-02-13

G.9l3 81
DO. 1872

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1,jio.I92
Ameuntof reduction, s. sos .0,5 which vepld he
sWeied 10 upwards Of three millions of dollars by Ihr
statements of the other hanks IN the State About "a.
per cent. OF the entire calculating medinm-the GREAT
meaSure OF the value OF property suddenly annbated
by Legislative eJict How could it be otherwise
than that general depression should have cnsued,,
the prices Of all venble commodities should have fallen
III i"a'' or even greater talo-and that he who e.
ven twelve months ago agreed pay 50 many dollars for
s'"e received now finds II impossible to his en-
sa9eoenis without what Is tened "Sacritce of his
properiy-in other words. without SELLING his prnnertv
Tor prices regulated by the new measure or values in
stead of the old The statement of the cause of tho
disease points To the only remedial process which human
ingenuity can dcyse-f indeed it be proper to resor,
to any remedy. egll;zcd Suspension of specie nav
ncnls Tor woor three years. would be most efficient Ga
tar as the question OF mere relief is concerned; bui !,
would scared be wisc in the existing state of nubl
eminent. 10 resort toit The authority PROMISED nv
my resolution In be conferred ON the Banks Of jssin
II er cent Of their ,ia in small notes. f1Iouah less
eiicen'. would, IN my opinion aad in theopinon of ocn
uenen far better qualified than myself To odoe Of its
probable effect, exert a salutary in1urnce-But that
too, has been rejected. by those whom DR.. Powell Of
Amherst well described as ''stm laced Democrats ,,
with whom, Democrat as he clalr,ed to be. he eauld
no' co-oPefaie. IN PRINTING his hostility TO the
p""s' 10 induce him 10 lniet serious injury upon The
ffPle' lest he night by accident confer some ncidsn
tai benefit upon those institutions, What then. re-
o'a'Iis! Inc proposition r Stay and Valuation Laws
naS bee" properly d'leaed-prorerly, repeater hey
could not have Afforded any substantial relief to the com
mnniiy-or II they could have done So it world have
heen only temporary danmiug up of the waters which
would have been hereafter lei loose in wide spread and
obstructive delnge. cotiss that see nothing but IA
iieh endurance, accompanied by that orbcarance which
eah a owes to his neghbor, far AS is possible 10
extend H. and that industry and economy which will be
one oil the most permanent and in the end one of the
most pleasant uis of this season of general adversy-
Il Is possible that the proposition rejected yesterday may
hereafter be reconsldered and adopted though confess
nave not much hope Of such resat--as from the %,
ical constitution ofthe Senate there could be but liz
Tie hope OF lis favorable reception in that body even
though 1t should receive hesaneiion the other Uouse
The Peoples will be done! Ifhcy desire to be repre-
se"'ed by men holding such opinons-by men who
would crush them, IN order 10 indulge their hostility to
The banking sys'cm,-tley have riglt to do So and
aud II Is but proper that They should submit unmurmur
ng'y To The consequences however painful aud oppres
sye Indeed they only were the sufferers who are the
authors OF The suffering, complaint would almost be as
npous as the cries Of the flualic who under self.in
hced fortunes. vents his nprecaons against Heaven
as the author of his agonicsi
Many persons in this city were startled by an Earth
quite, this morning, about half past nine. did not
"yse observe It; but gentleman who resides in the
same house Informs me that he felt it very distinctly
and that the curtains in his room wose visbly ,ri,oJ
Occurring at another tme these slight quakInos of the
Earth, which have frequently occurred before, would
excite no more than passing remark But fappenino
Just now, coiemporancously with the approach accord
ng to MlIer's prediction, of the '.consummaton of all
things" they augment the shadowy torrors with which
some persons absurdly ahlct MISUNDERSTANDING
whether that prediction to pass or fail-snce in
the one case, cannot lie avertcd and in the other boy
VIII have been unnecessarily nluged The statement
by the way, that Miller lad acknow lcdoed an error of
Thousand years III his computation turns out to be inco
rect He has, however, extended the time Of the NO
currence of the great tragedy of Nature in one of his
late papers. lie says that it will occur between
The ls day of March, 1873 and the LIST day of March
1874.
The investigating committee in the case of JUDGE
Scott is stlil progressing with It's labors vast nun
Der Of witnesses are in attendance and whatever NAV
be the result, OF which no opinion can be formed, il
VIII cost The State pretty round sum of money.