Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1858-11-15

Monday Morning ...... -....... Nov'r Is, 1853.
Tho Mtssislippt vailsy-Ehs valns Of tn
Trade 81
Some snlnown nisad - mi ~ pamphlet
sntitlsd "Annual Stsssnsatof the Trade and Com.
nsrcs ot Cincinnati, for the year ending August
3lse 1854" Its prepared BY William Smith.
SapssiaasaasaA Of the Merchants Exchange Of
that city, and consequently is authoritative and
ofkcial.
From this Pamphlet we get . complete history
Of The commerce Of that city for the past year. -
we'll q tabular Comparative statements Of the bu-
siness Of several years preceding. 1t shows that,
WORCESTERSHIRE the financial crisis Of last year,
Cincinnati has mot only held her own. but stead
ily increasing her trade. and growing in CONNER
cial importance.
There is no city In the Union from which we
shcsld have expected 80 little Of growth a. Gin
cinnati-no. that she has not enterprise, capital.
and everything else necessary to sustain the com
meros Of . large city-but because Of her ufelcity
in respect Of geographical position. At one time.
not very long ago either, Cincinnati was the Dor
der city Of the West All the trade from West 70
East passed through her gates. But Of late years,
ST. Louis and Chicago have advanced with such
rapid strides as now to I've reckoned cities Of the
frs, commercial importance. OF course. the area
of country the trade of which was tributary to
Cincinnati, has been circumscribed and portion
Of the trade diverted into other channels. But,
notwiths landing this circumstance. the "Quecn
City Of the Wcst," as its inhabitants delight 10
call it. still holds n front rank in the commercial
cities Of the Continent
The reason Of this is found in the astonishing
increase in the productions and trade Of the Mis-
sissppi Vslley-by which We mean not only the
valley Of that river ITSELF but of all its tributaries
The Illinois, the Ohio, the Missouri, tho Red and
the other streams which enter into the grand vol
ume of water which finds it's embouchure at the
Delta of the Mississippi, all float upon their bo-
SOUS, with each succeeding year, an increase of
agricultural productions. Moreover, emigration
is steadily pushing itself further towards tho set
ting sun every year-and the western tributaries
Of the great River begin to throng with popula-
ton almost to their very sources in the gorges of
the Rocky Mountains.
So that though Chicago and st. Louis. and St.
Pauis and Memphis. are dvertng from Cncin-
matt much of the trade Of the Mississippi Valley.
ahs still maintain her commercial position. And
she will continue 10 maintain it. and advance up
on it.
Among other items Of interest in tho Pamphlet
exports Of Cincinnati for the past year-spocify-
ing how much was shipped down the river. how
much up how much by railroad, and how much
by canal. And il is this statement that more i'm
mediately concerns MS Of Virginia. Erery ton Of
export that Cincinnati sends out, that is designed
for foreign shipment or for the atlantic cities,
ought TO be brought TO the coast, right through
tie heart Of Virginia!
Cincinnati exported last year nrtclce Of mer-
chandise to the value Of 6fty-fvc millions Of dol
lars 1t is not too much to say that least three
fourths Of THE was intended for the Atlantic coast
and for foreign expectation. lr THE GREAT CrN-
trail WATER LINE OF VIRGINIA WE'RE COMPLETED
TO THE ONO RlvER, 1T WOULD SECURE THE TRANS
FORMATION OF ALL THIS MERCHANDISE TO THE AT
LANric COAST, AND NORFOLK WOULD BE THE GRAND
DISTRIBUTING DEPOT SENDING 1T IN ALL DIRECTIONS,
WHEREVER DESTINED!
As it is. some Of it has to be sent down the
river to New Orleans, and there rc-shippcd But
the climate Of New Orleans, for portion of the
year, renders it unsafe to send there two of Gin
cinnats leading articles Of export. Flour and
Pork. Some Of this tonnage goes by canal to the'
Lakes, and after encountering the dns goroue nav
igation Of Lake Erie, goes down by canal again
from Buffalo to New York City. But this route
possesses equal disadvantage with the Southern
route--for il ia froien ur six months in the year.
The only route fr,c from the zee Il the North and
the hot of the South the shortest route--the
cheapest route--the best route in every conceiva-
BILE respect is the central route through the heart
of Virginia to Norfolk. which only awaits compile
ton 10 kanawha Rger. to become THE CHEAT coM-
Nrpcl.L ARTERY OF rue CoErINESr.
We have considered this matter with reference
II the trade OF tiucinuat alone. But when we
reflect that ;be whole Mississippi Valley. to
pour out i,s immense productions through the
avenue, if itwere completed, it does se0m
indeed an act Of criminal supinoness and negli-
gence on the rart Of Virginia to let it remain I'M
finished The people. in some of tho counties,
are already moving with reference to the election
Of members 70 the next Legislature Let no man
be chosen who h not pledged friend Of tho COM
pletion Of the wafer line to the Ohio.
The bullion in the Bank of France .sx stands at
about $40 $50 600; farhghcr sum than was ever
before held by that establishment and more than
100000 in Of the largest total ever collec
ted in the Bank Of England. At the commence
ment OF the present year, the Bank of France
held lees than $50 600 .00O and the influx in nine
months iIns therefore hAen $40 OOO OOO A, tho