Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1855-11-06

TUESDAY MORNINGS, 4. 1879.

through more hauls done more work and in ali re-
'pects answered 'hf purposes oi niger currency:
by means o ITS ready and rap! Transition b. steam
ships aid railroads Doubling the ACTIVITY oi transi-
ton di currency ii seems to us. will have precisely
.h" same effect "n prices doubling lie amount.
dollar tIat does double work represents Two dol.
lars Now the increased facility OF transition has not
hr"n doubled in the last eight year t., the Increase
hnr been chiefly confined to the inez Of ruruals ani
steam o"a;s' hut : It has been sufficient probably,
to IfoducT scnsib!. ris; ia prices
:a"a.H, The increased Iariiiii,7 ol t.Gyel -; inter
o"I!hancnii"n Lr mails md hy t.irrraIh hgs
r"hgi "r i"rnnifry PURPOSES. distant lacc- nearer
together and brg"ilen credits between hem that did
n"' exist before. Th" granting OF credits, a,,d tue
transfer ut d'bs and ha!ncr, apercc,:r, in Il gyeu!
m~nsn:r, the usa al nrn-Y--ena5r. small .:rcuia-
ting medium 10 DO the business vi lalgr one. and of
consequence has precisely the sama influence on
prices II. an actual increase o! the amount ul stalIic
money.
IN large r!csr like l.nn.!"n and New York, money
passes III very few 'ranSarri"s. A. h Bank o Ens
l,nd, ihrr" Is daily rAcl.ansr Of briaiic.s between
lhe merchants. In the amnuu; of mny millions for
which, no money i. rrurrl. The mail the railroads
"!n' 'h""''"'''al'' P'"ee'' III 'hcir trade
with each other, 10 practice this sa;ile economy in the
use oi money.
According To this theory. -veral causes have CON
b'Hed 10 OCCASION tI" present high prices Increased Ia
chrS OF ntcrc""'muncatt"n will continue rapidly
he brought int" m-c and shoud thu mines o; CaIiior.
''''' ''''' ,''''''''' ''''' ''''
W., ltN, I.li, 4 IN n
, Wv "''' '"''''''''''' may "''''"'' :"
:" I""''' "a W INV" INN ''''' ~
"" i'"'""'" c'''''''y' "h' ""' 's' ''' "'''
10 o"s a'arh' u ''uH' "r un'cFiako any p'c"n'a-
~ enterprise upon Inc iah OF ""' attempt I" peep
ih'" '''e f"iure.
ANOTHER LETTER FROM GOV. SHANNON.
Governor Shannon has addressed a letter 10 III.
| u.r.ld or Er.I,, IL E.r.o, ,,,;o.,i,., t;,,,o,,,
:,, :,
aGh''iS' 'he Varlohs charge" made Oy tlni press
We copy the in"-t ntcr"-t;n. portion of the letter
II 10 nr,u,r Tim, ,..,I .,, lin, I ,,,.;r.I,. ~
in the app,,n ,>,r,.srd nv ,E.. SHrcc, n,r; il, r
Iaiinu ,n ,br nnvrr ~, .i,hi i r, l,.ur, =,
iouru ,lr;r s,ssnrs irr,; ~. rl,v al p,vu.. ., tr
| !shn,rr, NJ; ',,; .. f,. ! - -; ~ az ~
| nnma,I - ,I i, i,, v ~ ~ ~
i,n o r,,,,,n,,, -, ,I ;", ., III ; ."''' '''' -
"It tinr. fc, ,.I., ,,,,.. ,r;I,,,.. ,,.. ,,,,I
To- consider snd ir,u, the ,i.la.ur. rs n l.rnI h,dy
md tI,, If r.,i; IL, This irir rts ur..rJ ,:iIi,, ,
! me a. lh,.iF iilitv
| rl oni ;,;,rs ~, 49, r..,nr T., ,;' '; ,.'. ;''
| , cr, :, : u,,. ol, ,h,; ~ nrI,,;n mi,,,,
mr. noy.nruts mn th,. ryr uf ne. ciri,ru. nG the r
ritnv which d rrt l.. in ,E,ui,r, Of ,h.se Irws IL
| I.I .. ,I. ,..,. ,,,, =, ,.,; a,:n n; 49,:
80, y, ~" 49, "", - "".', -"'' a." 'e.
,',au,ir;,,i cI ,,,,i,., ,;. r'. -
.s ,h' .",., ;:r ; in n.y., y" c,
g., ,.t,r,.r ,,I ,nj =, n,.,sr.. ',',yar.iv. nr
,I ,, r rr.',,.i, -, =; IL ,,,.,.r..,,o,,,
VII. W.! '''''' =, M 49,. 49,; i;, 49,.
~ We" =! ,.'o .'''ra'' ', ''I h'tu ..T'
fe"'"'he' 'i ny "rS'f''t 'P',| ,| 'u' GG'o..." w
% sIe -, u =" IN L'' - ' ,, III ,t
~ '''r t.' ,','. ~ ' ''', ;''' 80
nMs =? '''"' ' asa" '',"', { "''
.ucy az nvs tEu, have lciu,II. been uis.,l hv cn,
W" '' ;, 49,, 49,, I' ;I ,,;' 49,,
=, .,r ,i i,i 81 -. ,'r,,,,,. NJ H.,
,,nr~,,,r,. IfInr.. hnv,. ,,,, ,.s:,G ,v ,i I..;s
, , ,.:.l; , ...,,.. , +, - : l., al ,u,,rtv
,,a ,t :, I',,,. c,,;
rn',., r. ,s, ,,, ,ts.1J Inn. yi,m M, Irnr.
f ,,,r I.,ul nuw.- ut ,yI;ci, mr. ,,.rr.,iv, i!,.
o' ,''eit Ies", P""s', '', "','si arr ,,;
W." r - - ~ ' " .'., , II :. ,,.rt
sn .,,-,nrdinrry ~, ri,, ,,,I ,h5 n,y gftrr nil
n.,r.f rrr,.d.. y:.,, lr.u ,ri.i nm, il..l have.
pence'u ''n'."e> '.' '''e" ''F' va ''.',
now 'ap a., "GSHc I" 81! ~ 'e''' !" III:
~ -. =; :; - ''t,. Lc. H. ,,,,,
~ s''' 0'JIN' 10 ~ '1' "'''S'' ''S''' oe0
,. LINERS TO
'iAH "a -
OTFirE.
The Wing md Know Nothing press and speakers
81, ,or-s .ho, ,h.
nave repeated us"'n n"' "n"' '-' :. g
Administration had E:sd the various offices WIKI To-
-iepcrs Z, the exrI,.na ut a,l native citizens. This
'''s"''T i,,,:,I .,.d ,rrrd,,, .yi.
charge i'Hs oeen a. "''e'' t'"'s' "''i "01''
lence in support of ilat denial has bee" spread 'e
fore the country, but still tie charcs is rc.:crated
-, ,.r. oti ,r.,.J, If ,b.
=, 49,. rr , >. b:
Hon. Johh ieF"'nS' '''' =. i>'"a''''"' "'4''
constituents sh"ril: after the adjournment OF Con-
o.e.s in which he reveva ,.ir acts and measures of
the administration WIN u:"N'' P""-F I'll" 'iee'
From that speech wc MAKE tie i"'.""ing extract o"
,r itch cbsrcc,rr -y md i.n,ic;tIv ~ be relied
unon we ask FIR hs statements thu, weight TO which
,.,,,.,,,.,.J
'"ry "'' I"'': ,.-.-..,...,..-,.,