Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1846-05-19

ocuslue ~ N<zina l<esrsw SfWRt
are ssSaa siseir iuzAsrsr-. w- 6ve - "a
sssen - worst by sEeeA dol. -
Tle Courier sp-aks ~ q rslsssr xsich Wuo}
current in New York: !
The Presidents message and the bin which |
,assed the House providing men aud means
were eagerly csnvasscd-but still there SEEM
ii Willingness to hope tina, hostiltirs might
| even b. arrested. a rumor indeed was in
general circulation on change tina, the French
aud British ministers at Washington had
proticred their mediation 10 the government,
Suarantecing-if il should b. aCceptcd-an
armisticc oil GO days, and the reception by
| Mexico oil a commissioned from the United
States, ior the peaceful adjustment of the
luarrel. We could trace no sufficient author
ny III this riinor. which my seem, ncvertle-
less, Tn derive some countenanCc from the
emphatic paragraph towards the close of his
message, in which Mr.. PIX asserts his "anx-
ious desire not only 10 terminate hoSiilities
? speedily, and 10 bring all matters in dispute
10 an early aud amicablc adjustment" and his
readiness Ito renew negotiations whenever
r Mexico shall be ready TO receive propositions,
: OF to make propositions OF her own"
y On the other hand, the decision with
: which Congress replied 10 the call OF the
9 President Tor men aud mouey, aud the im-
y probability that, if the two ministers referred
e TO had been authorized by their governments
u To interpose their gond-eihces Tor the preser-
Il va,ion OF peace between the United States
y aud Mexico, they would have delayed the
overture TO that effect till after the commence
nent OF hostilties, so far To discredit IN,
rumor.
Z Of the effects Of the new condition of thing
y on commerce aud trade of the country, In,
New York Express OF "Wednesday afternoon
says
l. 1t is impossible 20 predict, with any degre,
e OF Certainty, what effect the war reports vii
Z have OH the monied concerns of the country
Al but the first impulse will be for monied me,
II 10 contract their operations After the frs
Is excitemen, is over, the possibility, if not tn
IS probability, Is, that money may become NOR
lie abundant. Merchants will at first contrac
Is their operations. There will be fewer tran
he sactions less liability, and consequently iewe
al demands Tor money.
Ia The government will no doubt use all TN
A. funds they can command. I'm this city. th
OF banks have about two millions of dollars NOR
he belonging 10 the government, than they hav
Sc stocks oil the government pledged as security
Dr. IL they are called on Immediately, they vii
~ sell these stocks 10 pay their debts. Til
Il surplus oi about two millions will always b
% required TO be Oh hand Tor any emergency.
y But the Government may want more mon
| N'eh wy hs%'N""' b''S' ~ "uo Ia ~ ~ WI
n be obliged to pay high rate OF interest, eve
"a II money is abundant, Four years ago, whei
ii the rate Of interest stood at four and five pc
e cent, and when capital went Begging at that
u the Government was entirely unable for nor
a than year to negotiate a dollar OF their nj
y per cent loau, although the amount wante
% was less than six millions!
e II the expenses OF the Government shout,
$, increase a resort would have To BE- made &
4 n
J, tered p.oiuscly over the South and West, ant
{ find their way back TO the Eastern cities 10
}, goods. Money would be made plenty a
c points where Government expenditures wcp,
n made, and trade would again become brisi
5 where goods are manufactured, or where they
T, are imported.
a probability is that arer9Gesl TO Mexico. the
: passed aud things becom, settled, trade womb
J not b. much affected.