The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1854-11-29
SPIRIT THEPREss.


financial stringency. which it does not regard ss
'' !" eAHaSagant importaiion., exports of
anu tue osner incidents of national over
trading. We quote portion of the article.
All tne various explanations of the presep, mo-
ney suingency, with which ssses and fools bs we
enlightened the public, are labor thrown awav
Inc anomaly nver will be explicable upon econo
| mlcal principles, or by statistical exhibits Tho
suol ect transcends the range of physics and be.
longs 10 the realm of metaphysics Financial
panics must be classed with the family of nonnlar
oeiusions. and must be explained or wondered at
ss we account for or wonder at the Crusades the
ooutn sea and Mississippi Bubbles, Millerisn Nor.
ssaohlsn, s and the worse fanaticisms of the day A
t @ uiontns ago and there was not Shinplaster
zoo oit'y and worthless to pass current Every-
pig W tne shape of bank paper, from a "PepIe's
nh nlnepence to a "FicklinA fre. went for
rsch,sy, not only with the loose prodigal. and
IoeKiess speculator but the sturdy. sbreSd and
wary ioey. But now, the State of virginia is not
~ enough endorser on five dollar note and
Norln s Carolina bills submit kindly to brokers
SLAVES OF hVe and temper cent.
Inc Examiner goes on to say that as the public
oo"eis have propensity to cholera in seasons of
the epidemic, and none can foresee account for or
stay its ravages, so the popular mind has at periods
weakness for panic and distrust in matters of h
purse and pocket, when neither argument nor
iacfs nor balance sheets, nor bank notes. nor
sninplasters, nor ought but ''the hard" silver and
soiu VIII prevent the most melsnch oily collapse
All see the ruin attending upon panic and all &C.
knowledge its foy but all rush on to destruction as
Iurlousiy as flock of sheep after the belwether
tnas has leaped precipice. In another article
the Examiner audes to it's position on the question
OF Mr.. Wise's nomination for the Goyernorsbip-
Its opposition to him has not been personal and is
solely political. If Mr.. Wise is the man selected
by the Staunton Convention, the Examiner expects
10 ma better grounds for sustaining him than his
democracy; and candidly avows that, while there
are objections mountain high, to his nomination,
on party grounds and with reference to par,y
identity and integrity, there are but few other oh
leetions to him. Asa Soathern man. he has been
true and tearless-sons pcur ct sans reproacae.
The Wig replies to an article in the Enquirer,
OF the day previous, wherein the latter paper ex-
pressed astonishment at the non appearance of
Mr Bolts letter in the columns Of the Wing, which
paper 1t affirmed, sympathized with Mr.. B in his
affection for know.nothingm, and concluded
tat the neglect arose from the fact that the letter
contained other sentiments which did not meet its
appreciation. The Wing submits that its neighbor
fno~s nothing of its sympathy with know-nothing-
ism, and suggests the proprety of acquiring infor
nation upon it before preferring 30 positive an al
legation. With regard to differing from Mr.. Bolts
ON the subject of the Nebraska bill, the Whig saws
II mas from first to last been an advocate of that
DILL wniie Mr.. b. has been equally consistent in his
opposition to it. AS this latter was fact generally
known, the Wing saw no use in publishing the let
ter, 30 far as that point was concerned Assu ming
that the understanding is that the Enquirer feels
decided anxiety for the nomination of Mr. Wise for
Governor, the Wing suggests that if it makes much
more noise about the Nebraska BILL and INDUCES In
much more denunciation of gentlemen on account
OF their opposition to that bill, the ENQUIRER NAV
find Its consistency involved in sustaining Mr. Wise,
either in convention, or, after nomination, because
Mr.. Wise has said, that the objections to the Ne
brasks bill are unanssoeraJle"
The Penny Post has some remarks upon a pam
phlet issued In Petersburg dedicated TO the Norfolk
Convention, and designed to supplait the James
River Canal by the Covngton and Lynchburg con
nexion, as proper medium of transport, wherein
the writer points to the successful competition be-
tween the two great lines of New York, the Erie
and Central, and the canal. The Post quotes from
the N Y Herald to show that these railroad lines are
running themselves, and this is the example which
the Souihside Railroad is invited TO follow. The
Post concludes:
At the same time that the Southside Railroad ia
entering upon this contest five great railroads of
the country, the Baltimore and Ohio, the Pennsyl
vanla Central. the Erie, the Hudson River the Al
bany and Buffalo, are devising means to have uni
form retes on their roads, having almost ruined
each other by their insane competition.
The Enquirer publishes the card of Selden, With.
ers & Co, and remarks that it feels satisfied the
State of Virginia will lose nothing by the dissolution
of the house. The letter of Msj. Drinkard it cortn-
ues, shows in the strongest light that the credit OF
Virginia cannot be shaken by the action OF the above
house, or ofany other that may be selected as the
agent of the State. Arrangements are just being
completed by the Board of Public Works for
transfer ofthe agency of house, strong in resour-
ces and solid credit In conclusion, the Enquirer
refers to letter ofthe Second Auditor TO Governor
Johnson, showing the sound financial condition of
Virginia