Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1854-11-30
From the New York Herald, Nov. q
Virginia State Bonds.

/
| the Board Of Public Works of Virginia. IN refe
renee to the reports enanating from Washing
ton regarding the position Of the financial agent
of tina, state, We give III Justice to the partie
concerned and Interested. It, importance is
sufficient excuse for its length, aud II will
read by every one holding Virginia bonds,
contemplating purchasing al the current rates
TO The Editor % he Nec York Herdid
OFFICE BOARD OF PUBIC WORKS OF VIRGINIA
RIcnMoND. Nov. -, l-ji
Under the Financial aud Commercially hen
of your issue of the 2ls inst there is copied N
article from the Washington star of the lStl
inst. relative 10 the recent run upon the TX
change Bunk of Seldcn, Wither. & CO., i'll whiel
the following statements are made
Nothing could be more disastrous 10 tn
State of Virginia at tins time than Il suspension
on their (Selden, Withers co., part. The,
are the financial agents of that State and thei
suspension would necessarily involve u suspcn
sion Of the work ON all the internal improvement
in progress in Virginia. the state herself beinJ
interested heavily IN them, advancing 10 then
large sums of money obtained through Seldcn
Withers 4 Co, who are charged with the duty
of selling the State stocks TO realize the funds
advanced or paid
rs the publication of statements like tht
above, in II paper extensively circulated an
read as the New York Herald, IS we'll calculate.
to cause further depreciation in the price Of th
stocks of the State of Virginia, if not seliousl.
to affect her credit in the great commercial me
tropolis of the | mon and elsewhere, the lioar'
Of Public Works do not doubt that YOU will read
ily admit in Your columns correction.
While they sincerely lament the causes tina
induced the run upon the Bank of Selden, WI It'll
crs x CO., and the consequences that will proba
hi, cnsno-one of which may be Il temporary in
convenience 10 the financial arrangements Of III
Ronrd of Public Works-tbrv cannot admit he
cause they do not believe that iho-r consequcn
ces will he "disa4trous ia the STATE" Massrs
Srlden. Wilhcrs X Co, have. for several year
ln-t pnst hocn nctinr rs AGENTS for the sale o
the caapon bonds OF Virginia aud from iho-
snls. bnve furnished Tho Ronrd of ppblir Work
with the fund. necessary Ia enable Them 10 NEE
the nppropriations made h. the LEGISLATURE
IN, yario1. works at i,,t.rnnl jpnro,ruont I'm
il Is no di.pnrapfaput T., tb,,s tirmeu la si,s
that il, tbr nyeut of tl,e.r s,t.nr.la the Roar
,,, nm, III ,r,,n,,tl,. NH. otb,r arrens,,nrnt
Ly which r,n5. viii H.. ,If,iura for the yi,roroa
,,,r,..c,,,;.,,, ~ TINS, vg5rk.
Ynn,,., L,. ,..nr.a Mr. raft,r that tI, .sI,.
,,.,.i,, - s,Ll,.,,. \yi,L,r. \ r mr. of nm.
nm, 6..,l ,o,rt .yLn,,, ,l,. sat. pav e,onla,
vii ,,.,. -, IN n .,,.,,.,,,i,, hy the STAT,
N;,,,;,,;, -tl.,.;,;, al ill., L.i,,,r &c H.. ~.
,,,,io H. f,l,;J -. H.. l,,.,liy# ~ L,, ,,,..
would n,,. -. ,,4.,,,,ii if In Tia. I've of thof la,
oal i, ti,,,.,ti,,,, = H., IT, ~
cr.atan If q, ,l,l,t i fn.,,,ralI,. n..riotrd Wi,
H., or.,t;,, - o., ft,,i CO. ,I, ,.,.,,,,,,, ,nul ,a,
mont of tho in,erq.tnnd The fnu1 r,d,Inpt;,'n :,
..;,,,.;,,,i - ~, 5Lt Il, ,,r,Gaa,.,,,,
III o..,rti,,,, ,.,,,it M, ., ,,,,,,. ca. Tho ;nf,r
I,a,i,,, ,,f ,,,,If ,,,,l ,.ol' Gov, s.',,,i,r.
t6o r.r,l, rti,lf tI,, G,stitnti.,,, .r Air,,,o
in. rb.v nr. in tho t,ll,,yin,,# ,ynrls
900 i,s - aiI ~, a,,,,,,,,,,. Geo..
H. ,,i -. ,,,,i .,,.l -, -,
cont of tbe Stato dsht e,i.tn,, an tho 6r-t IA,
of January in tLe ,,.nr nne thousand oight bnn
drod md Gf,,+yv ~ f,,,d ,b,,s So, IN, lI
he cnII,d ~, siul,;u,, rrra md loIl bn nn,,l;n
! ~ tL,, ,,,,,,,,, ~ H.. iotr,.t ,r ,Lo Stot tb,
a,d ,b ri,,;,,ol .,f .I ,,,.t as ,,o,. L., r,l,,n,
! M IT,, ~, L. ,.a,,,,,Il, IL, a. I'D,
| az ,b, s;nlin,, r,,,d oft.r ,b ,,,,,n,rt az .,,I
in,aro., hnlI Lo t,l i, ,l L,n1s ,r oo,,;f
aa,.,..,r ALI, - III; ,.,',,,,,..,l,I -, - .,,
of IN. states of his I'nion mud onnliod +, fl
navn.nt az III. state lrht rs II shall bcco,,a re-
| a9,,,lI urb,,,,,,.- ,,t, a., MI a., H..
In,,ar,. aaht III L, ,.,,,,tr,otd L,. ,ho c3,,,,
,nnynol,6 ,bera shau hs SET onsrt in Ike n,an
,,,,, a,,,,,nir,, Ca, ,hir,, f, a,s nm, -,
ai, H., ,,o ~, ,.a, ~, .r,r,s,,, T.. 81, ,,,,,t -
d. ant,,,nl ;,t.r,.t ,,rra.l T., h., mia tbareon -
49, - -, ,LiL s,,,,, shaIl !,
nm, .,r 3D., in,, t,d md hall h., ,p,,I;oI !;
iiha ,nannar baf,rn d;rnctnd Tbn Caneral A.
| ~ IN 49,. ,l.;, ,.,r;.,,, No. ,
| . - -; tI - -. ,;, -. 49,.
en-, n.ar ;n.,,rrea,;nu or ;n,,s;a,,
t,on III Soaara, A.snnhI,, ,,o,, ~ INV, i'm,
!. " I'LL - a. -
. ''.,1 ;,',.. ,o1 ,,L,,, ,'
N''i''' ~ '''' 81 ,,I ,I - ..I
P"si'eS p". ''o - a., iI, III ' Inv.
before ''e pay ui.p' - W. 7"'.'
s'ltate Pai' u '''' Stunning i""' ""' w "PP''
IN IKE manner T. =, ,.,o,,,,, .hau -. -.