Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1859-03-21
aaijpI snainiaa.
prosnaots al The Country inls5o

months pfeSent
Of specie were thirty-fve millions OF dollars. the
imports into Nsw York for the same period have
been one hundred and twenty-nine millions OF
HAIRS or an excess of ninety four millions of dol
lars in the imports into port in the past eight
months. 1t Is we'll asked:
IF we do hsvs good crops, can such an enor-
nous expenditure Of the yitals Of the country,
namely, capital and raw ma eria at low prices. DO
continually made For the highpr'ced manniac.
lures Of pauper Europe? The total exp, Is OF
pauper Europe! The total exports OF agrieultu-
raj products last year from Ohio, the richest asri-
cultural State In the Union; wa less than twenty
Eve ,lollnrs fur each inhabitant, and not one-hrd
of this or Eve dollars for each person. ever hoacd
on salt water or paid debt abroa AMI yet we are
now importing At the rate o fifteen dollars Tor
each person in the Whole Country, IN rich silks.
high priced cotton goods, and Injuries OF one sort
and another including iron rails for our railroads
We have examined returns from different parts OF
the country, and viii admit that there never was
"A much land put in cultivation aud with good
weather there never has been such crops as Will
be raised But never had many idle non
prod sers never before did take the profit OF ns
many bushels Of wheat to pay for yard OF high
priced cotton goods made III Europe from the raw
material raised here. Not fm twenty years have
there been. proportonably to our eize aud numbers
ma few new cotton mills iron furnaces aud coal
companies to make home market MS IN tins very
year.
4 y - The Indebtedness OF the United States
in the past two years was .,..,.,
July lst 1857. eoo3so
July lst, 3l9io,'h
Increase ACKNOWLEDGEMENTS 5O,59l
or an increase of about ninety per cent Inc
probabilities are that this rate OF increase OF pub
lie debt will continue throughout the present year
so that our debt in July o 1899 will NJ
be less than eighty millions Of dollars. The pres
ent expenditures Of the Government arc. including
interest on debt ninety millions Of dollars THIS
expenditure alter allowing for the borrowed re-
reipts makes an importation Of four hundred NIL
lions of dollars Of foreign goods. or about SD TOR
each person in the country necessary to prevent
bankruptcy. We have. therefore II yearly impor-
,ation greatly in excess Of present trade with
an increasing national debt, rs the alternative To
n bankrupt government. On the oihar band, we
find hy the Custom House records that our exports
for the present year will probably not be over
three hundred millions Of dollars !" show the
truth Of this statement we give the following OH
cial figures
Totai ralue Of Exports from he Ppfcf Ner York
for Fight Months, nci"ijng f,',nnUg.
Exports ftomJuly ls56.7 lS56s 1880
t Feb. ....ss2, O52,2lo S7tol9,ll3 s'4l6@,ot2
The total exports for the first two years Tor the
whole country were for;
1861 96a, sG2
ls5l-s --S''f III
We can hence form On estimate from the nlhng
of in the exports from New York what the de-
crease will be in the total export If IN the same
per centage, the total exports viii not be much
over two hundred millions of dollars,
Prnlrc AND pKlvArr Hoxrsrr.--The St. Louis
Daily Evening News furnishes the annexed apt
instance Of the honesty prevailing IN some sections
Of the vest
Our attention has been called to a most remark
able case of judicial wrong doing in Lee county,
wa which is well calculated la bring dishonor
On the bench, and disgrace upon the State that
contains such courts 1t appears that the l.eg>'A'
turc of Iowa. in January, lSls, abolished t~"
terms of the Distric, Couf; i Ice county, for that
year. This was meant ~ 4 rcliei measure. or
practically "a a Stay law" AGAINST the collection
of debts. 1t was hard measure 10 creditors,
nevertheless they submitted with good grace,
trusting to get their dues after n while. The
"s,ay law" expired the first of this year. hut at
the FEBRUARY session OF the Lee county District
Court Just past. the Judge dismissed hc pH jmy,
and continued the civil bases ahoni |. Sool on the
docket, till the fourth Monday in june! In the
meantime, debtors in Lee county, who are sued,
are making way with their property, by con
veyances to fathers, mothers. brothers, friends,
and raising barriers Of years of expensive lltiga-
ton against those whose money and means they
are in possession of! Many st Louis creditors some
Of them quite poor men. are reduced by this un-
Just net to the verge OF bankruptcy and actual dis
tress whilst tner rich debtors in Keokuk, shelter
ed by an unjust judge mock at their demands
for pay"
or course the merchants of ST. Louis are not
alone in suffering by this specimen Of Iowa incgr
ty. Every eastern manufacturer or jobber Of any
kind having trade with that region must
sasilly suffer also When this sort of morality
prevails among lawmakers and law Judges, and
business men, how can We wonder thnt rognes
rob the public treasury In the same mail by
which the above item came to US we find, also, the
following:
The treasurer Of Dubuque county, Iowa, one
O'Brien,' has turned out to be n dciaulter to the
amount of one hundred and eight thousand dollars
One ofhis operations may be thus stated lie
was sent to New York to negotiate some Dubuque
bonds and $500 was given him pay expenses.
Having sold the bonde at some 50 or 80 cents on
the dollar lie returned and affirmed by the mrmo-
ry the 'Howly St Patrick that he had obtained
50 cents on the dollar for them. The difference,
which went into his own pocket amounted to some
$1,000 This successful operation doubtless sng-
gested to his mind that he was fitted Tor fnar-
cier, and hence be has now gone in for the large
sum above mentioned"
We place these two items side by side. because
we think them beautiful match. They illustrate
Iowa as it is and may fairly be considered as both
OF piece; for surely the who cheats his cred
itors is a rascal Cd the same pattern lie who de-
frauds the public treasury
BRowSLow UPON ENDORSING PArER--The last Knox
vile Wing contains editorial article upon the COM
mon practice Of endorsing business notes, from which
we clip tue following paragraph
For our part we have but little of this wo lids
goods, and endorsement is worth nothing to any
one The business Of endorsing have entirely quit
anc come whatmsy, We will endorse no more tor any
one as matter o. accommodation. We have gait too
for twoGood snd Sufficient reasons-Frs we have
either been sued for or had pay nearly all the notes
we ever endorsed for others; and neNt we h.ye the
vouchers to show that we have paid security