Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1855-10-27
From the Mar York Hercid.
The Financial CT SIS in France and England =
Positi On IF the United States

Positi On 81 the United States.
The fruits of war ripen prematnrely. In time
Of peace the atmosphere is ne,the sun shines
brightly on the commercial world. giving assur-
ance of health and prosperity. But no sooner
do the clouds of overhang the political hor-
rison than all settled rules of trade and all the
occupations Of men changed. The councils
of the two interests are entirely different. Quacks
are brought TO the surface, exploded dogmas of
political economy revived, expedents aud
devices are thrust forward, in the vain hope of
averting the penalties which war inilicts upon
commerce, trade aud general industry The pub
lie mind becomes feverlsh aud sensitive. dangers
are felt but not fully comprehende !. 1t is note
worthy fact-the first scene in the drama of the
present war-that before the last gun had SCUM
ded the triumphs of the allied armies at Sebasto-
pol-at the very time that England and France
had received positive assurance that the great
struggle in which they were engaged could in no
possible contingency he extended TO the ocean
when British and French commerce and manu-.
features were assured that beyond the effects of
the withdrawal from those branches of industry
OF large means TO carry on the war, they could
not be crippled or paralyzed-at such II moment
something like panic in the financial clcles is
precipltaied upon them
That the war with Russia will put commercial
endurance TO the severest test is evident, from
the fact that it will continue 10 withdraw from
the channels of trade vust sums of money To car
ry on its operations. 1t is new use for money,
anew held for its employ ment, new men are to
distribute II, and an imperious and controlling
law governs its collections aud disbursement-n
law which overrides. and to certain extent, re-
peals that under which the peaceful operations
OF exchange are conducted, and which makes all
the world party To its influence. There are
many who argue that we in the United States are
exempt from its effects, because we are produc.
blessed with vast surplus produce, powerful
enough to protect our rights aud wise enough tn
take advantage of Gus position. We have great
means of resistance, of defence against financial
disasters on the other side Of the water but we
have no absolute exemption, In the exact ratio
that we are connected by commercial ties with
England and France are we liable to the effects
of financial revuisons and disasters in those
countries We hold our share of the precious
metals OF the world by commercial tenures-
Commerce is the great field of it's employment; it
settles the proportions which each nation SHALL
use; ltregulates its exchange from one to anoth-
or; and these are Jaws by themselves wholly ir-
repealable. and made to operate upon ALL The
withdrawal of vast means, at any given noint of
the word-its channels, creates a vacuum which
must be filled by contributions from other mart :
Thus the l. nlted States stand related to the com
mercial state of England and France a, the pres
ent time; and thus are we liable 10 be affected by
commercial revulsons and dseredits in those
countries. Our means Of defence are almos
boundess. Never weapons in better
repair or in more efficient operation.
During the week just closed our exports chief
ly breadstuifs, from this city alone amounted il
roun numbers To S2.l00,000. We sent -four t.
London Livrrpnni, Glasgow Ilavre, Marscille
Cork. Constan:inople. Bremen, Hamburg, Dun
kirk, Antwerp, IL British Guiana. to the Argen
tine Republic. 10 the French West Indies, Brit
ish West Indies. British North American Clio
MES, to Australia. and other points of the world
Upon all these countries the long guns of our ag
Hculture are made 10 bear with marvellous ef
feet No excess of mere commercial disaster
in the great states of the world would be hkel
to reach us-but when superadd to shor
drops in England, France and Prussia, entailini
upon these countries the most serious embarrass