Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1844-11-21

Che zpMchUl.rG JirGiMlHM.
TIT RsDaY, .NOVE.HBER 81, 1874.
1.-THE RESULT OF THE RESULT"

Oh james n 1tIk 10 The Presidency has so far shaken
public ooGdetce, il Lot in tie stability Of cur usilu-
iions thenfeyes, at LEAST in the sitadntss cur policy
seriously 10 effect the business concerns of the cou-
Try. Had Mr. Clay been eced some guarantee would
sve been afforded that the system Of measures Of which
he was justly regarded as the "embDdmen j" and which,
IN our humble conception, is essential alike To ndiyda-
al and national prosperity, would be sleadiasy adhered
to--ahd engagements, already extensively contempa-
ted requiring vast expenditure Of ca pal and Of course
an adequate reward Of lalur would have been pushed
vigorously 10 their n. alun But what do we
nov hthod, as The counterpart Of this picture? CuLf-
dence, without which Capital, so far from seeking in.
seSlments Is lnstncilyey boarded by its pussessors
has received fatal shock and Labo, which depends
upon capital for It's reward, already feels the benuubnp
iuence oil The 20 nlar verdict, sympomaic Of the uni
seIsal paralysis which is tal soDn 10 succeed Let
US group, Inn cur last exchange PAPERS, few illus
ifations al HIS fact III addition use which we have
heretofore advertpd TO-
!. The last W lnclesler Republican informs us that
''sev raj capitalists Who had intended to eApend more
than million OF dollars III the Of iron and 9th.
er establishments in the Valley OF Virginia. have given
mp their projects since the result Of the Presidential e.
lection has been known. So with contemplated out.
lay IN cotton ard uoolen manufactures in tie neighbour
hood Of ilarper's Ferry"
q The Plti,bufg American of the l2lh inst, states
that the lowest price at which pig metal has been sud-
in that market during the summer has been AIS. On
Friday Of the preceding week sale of 80 tons was
made at the price named. On the OH inst, the news,
the probable loss Of New York the Wings was receiy
ed III that city and ih3 day pig metal IRA, Of
tered a'd,etosed al s2-a decrease ofs3 per ton And
a. In M rI.aI IN, /,
portion of Iirgiaia deeply Interested in the iron bu
s'vss. the vote for Polk was heavier than IN any other
Let the Locofco iron masters think cf this when they
are compelled to abandon their works.
3. The Philadelphia Gazette Of the 10Th inst saws
I'VE have heard OF several enterprises being abandoned
on account OF The result Of the election and some Of our
manufacturers establishments have thong ht II proper To
contract Their operations We informed that several
manufactures who hadordecd machinery to be conslruc
ted IN this city lave in cases countcmanded their
orders. Many workmen will necessarily be DISCHARGED
II Is not al all improbable thai many of these swork
men," who will be thus deprived of the means Of yel
hood for themselves and their families delnded by the
incendary cry of 1.-THE poor against the rich aud un
enced by the arful appeals of their worst enemies
who, like demagogucs in all ages, claim TO be enphlt
caly the fIelds IF The poor man. cast their VOTES for
the party the success Of which exngushea the fires in
our mountain torges and arrests the spindle and the
loom By sieing employment To- foreign tabor rather Ma
10 om o,ca Ntl-lincn can learn wisdom only by
suffering perhaps is better that il should be as it is
Yet one would think, II they could be taught by bitter
experience thai the eXpermenls" of the last ten Years
which reduced the nation from prosperity and happiness
Ia bankruptcy and Suffering, would have left indelbIe
impressions upon the minds and memutics of those who
earn their daily brad by daily toll II seems however,
they need another esson-We hope Tor their sakes, ii
may be spared, by the failure OF the sucressf party l.,
administer The government upon the principles to which,
so far as the SouHs concerned, they stand soemny
pledged One SECTION of the mon is Of course ia he
cheated, uasmuc as 1t is impossible that the conlradc
tory pledges given, il the name of Mr. PoI,, to both
can be redeemed. Wehope, for the good of the coun.
try. that the South may be that section
a. The Baltimore American SAYS. 1--WE learn TIM,
purchases Of land and iron ore banks had been made in
Baltimore county, and that the necessary preparations
were IN state OF great orwardness to extern
sve iron works. which 10 have been put in opera.
tl"n without delay. The defeat Of Mr.. Clay and the
apprehension OF reduction OF the present duty on iron
have caused the projectors suspend operalius and
learn that the projects, not abandoned together, will
ne suspended Tor some titne The parties concerned in
the enterprises are entirely distinct. Each Of these
contemplated establishments would have given employ
mcnt 10 large number Of workmen and f,,d TO nearly
one thousand persons aud would besides have added TO
the wealth Of the County and State"
5. The Baltimore Patriot says it has been informed
upon inquest onabe authority, that three merchants in
TIA, city had contemplated having built each, shin. in
case Of the election of lIonIy Clay the Presidency;
but that they have abandoned the idea tarnr lha
the policy which will be pursued by Mr. Polk will so
parayz business and commerce as 10 render the enter
prize unprof,abls
t. The New York Tribune informs us that heavy
block OF houses, which was 10 have been built in thai
city, has been counlefmanded So of several new far
tories In n York and elsewhere. ''Onc large establish
men ' adds has already cted its business So as
TO dispense with one hundred and forty hands and is
preparing TO contract still farther Agricultural produce
has generally declined in price in oar market since the
defeat OF MI CLAY was rendered morally certain One
man, who had given orders buy 25 eco harels Of ar
IN our city, has couniermanded The order general
depression pervades our business circlcso Aud the
Tribune asks, emrhacay, "what is the cause 7''-
And in answer 10 the n. Y. Post, "a leading Iocotoco
paper which Processes be unable to see how the cleo
ton of Polk should repress legitimate enterprise and de
press busihess,) 1t says, with equal force and truth
ii he will 60 into town ward gathering of his par
~ he will SEE how indusrously his coaborers strive to
create envy Jealousy and hatred between The EMPLOYERS