The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-11-03
Sk Banks in North Carolina and Ksltuck!
Win Net Do Business with the North.

DiOereDs Eject Of the lovsDation On Nerthcrn
and Southern Cities,
Oar Richmond rsspondencs.
RICHMOND, Va Oct. 81, 1880
ne Hon Wn. c. Ries and LsnoOln's Cabsna-Pypars-
Ssns ~ Virginia for ne Coming oisis-D isr5uion Of
Ar,~s, &e-Grea Escampmesa Of Cavalry 70 take Place
s0r EAss Ciy on ne tn pror The SwtiNers and Ops
mons Of Intelligent kea wAo Attended Our L0te Fair-A
General FpaHcsal Crash AppreAendod-Tk Northern
AoeR karkes 70 be Glued-Hne Opportunity for Lincoln
h Avert ARAe Dire Ob~sequencs Ahead cnd ImmorsGlsse
HsmssH-Efea Of TIE Eriaso APprehepsics on Bun
nsss, de-
Some few days ago was currently reported here that
Me Bon Vim. c. Rives OF this State 10 be Lnoon's
m choice thc position Of Secretary Of state that be
I'D formally indicated that preference 10 the black Re-
psbloan National Executive Committee .. Washington,
and through them 10 Mr. Rives Seeing Mr.. Rivos
sa The fair ground, took occasion 70 question
HIM a. 70 the truth Of this report, and
Ae gave the whole statement emphatic denial. His
contradiction Of tho was 20 pointed and prompt -
10 have f my mind an impression that he would ac-
seps no position under Mr.. Lincoln He avowed, mean
while, strong Union sentiments and seemed not TO share
any great extent in the general alarm now felt a. 70
Me consequences Of Lncolns election Mr. Rves
pFoverbaly Onion loving and conservative and he may
under be influence Of these feelings, rendered In
edulous extern. which would exclude every idea Of
the possibility Of dissolution in any event. he among
she exceptional few in this respect . the sequel will but
100 truly attest.
me dosged incredulity The part Of republican
papers and politicians regards the purposes Of the
south will prove distrous fear TO the best interests
Of all sections.
Preparations In virginia the coming crisis going
ss.,vey on. Arms and ammunition arc being rapidly
strbuted and determination 70 resist ell attempts 1t
coercion Of seeding States BY the general govern
nent lie developing and more each day. This
movement b involuntary on the part OF Virginia ns
made under sense Of Inevitable necessity brought VI
v,dly home by the known purpose Of South Carolina and
others States sccede upon noon's election.
me John Brown a.d TOO not without il eject in sd
noahng her TO be prepared for the worst and she ev
IDENTIFY determined any sacrinoe however great
The spirit Of Virginia state pride and patriotism fully
aroused and that being The case Il 10 certain that
physical material loss however aggravated win deter
her ffom carrying out her policy Of resistance 70 federal
Aggression
An encampment OF nearly two regiments Of cavalry
VII take place at the fair ground near this city,
o. Wednesday NEXT the 7th Of November. 10 very sig
acant that ,his ercampent should follow up % closely
upon day Of election and the eas that Colonel
ssates army, and at present one Of tho pro
sossors At West Point Academy, New York. win be pre-
sent by permission Of his chief, General
seot give Instructions In military tactics The whole
aaa ,. Sou s os wen
ing from T. Nor gotten up :. some snsc' 70 %
por Of candidate than Lincoln. Those who
70 think guilty Of deluson upon themselves
criminal disregard Of the best interests Of their sec
Ihsye q pretty general acquaintance In vrginia-knov
every prominent In intmsteiyAnd believing she
occasion late Agricultural fair the very best thai
soud offer 70 ascertain the opinions the
0a,e the results likely follow Lncola's election,
awaited my seH Of that the fullest poes 81,
extent o., Of ali with whom conversed upon that sub
t Of any other opinion tnaa that dsunion
would follow upon such contingency True, me sent
ments OF many IN direct opposition 70 sach 70
~ remedy for the evil bat the opinions Of nine
i<en ,wests,hs Of those 70 whom have SPOKEN we're
that The secession OF least Ave StsteSouth carolina,
Georga, Alabama, Florida and hississpp'-wonld De Ia
evAbe This they depored ~ An unfortunate result,
hut they nevertheless approved OF the policy OF 70
rssaoos 10 federal asrression suoh were attempted
nose who dissent from this policy are among the very
,-v .sr y oo se. ins 0pp0
me Immediate effect foreshatowed BY this state Of
nss according 70 the opinions q our best INFORMED
anAnciers financial crash, such, pcrnaps the world
has never before experienced The Revision Of 1887
mere trivial incident compared with a. ras must Be
pAnsou Of credit while the fsrmx ~iI be produced by
deruptiou Of grand comprehensive commercial systsn,
- ouers.ous such diversity q trade soch variety q
producon 20 large nc,wot inter trade Operations,
.ss ne capacity S
fenuisy 70 fAthom Already the ELECTS OF this dire
prospcoct Visible In every department Of trade socfs
are rapidly deprccating their holders anxious
get OF them II their present deprecated stan
dafd Negroes, that have always bere,ooee bceo 70 30
Awe demand, reduced IN value from three hun
dred 10 Ave hundred dollars head without anything
. CORES ,onding depreciation, any 1t all, 10 ths
q thai species q properly general depression 70
noes OF All kinda b complained o. wtA ooacesvaoie
q me SOFIA snd pososi S.ss q he couasy = rsaaii
Of LInooins eec,oo- You may look out with certainty
sss yorI so.ssssn soc. S a.Fs% maj atm ma s =
than even ths dark portsods ht present. DAY
brcshadov ms impossible IN fact 70 say VIA, day o.
even an hour may bring orh the ultimate evils,
udrps By erseu, q The c.ases which are % operse
tnen vii be comprehensive 70 enable anything Ike
even An Approx dca Of their magnitude 70 be formed
A he csrly day II would thai nations, Ike indi.
visual. are csntmes seised with infatuson which
,hs,s ut,ms,s ruin such Il scems 70 me, = The cond
ten OF The North at this time
. fnd opporsn 1or .vs sss y. s .o sn o
immortality far enduring than would attach 70 oy
hs elevation 70 the esde.ey H ~ .arswm y ' a..
DO 70 both sections, would render him The pser
present. poss,on, 10 he .sssa q such rs.uu bis
i,on must ~ odncs w totter into dsnooored grave
mere 'sAp. s NE ns1s' .1. -
Zines than that q Arncid-mors dspsed 'nsn
that q ss traitor os.s,n. WI not cso.s 40
native purpose Atsr hn elcs,cn. HIS elevation 70
,he Presidency the teeth OF bis svowed sentiments 10
ths past In reference 70 slavery, will be regarded p~
succpt cause for the south 70 secede, and abe VIII 40
He has splendid ohanos fcr elovioas Immortality
hut have no idea ta, he sl avail himseif Of r. the
natioas lie drawing 70 . oose and Lin ooip II would
70 be be made he horrible instrument q Ia ssd
doom. Ha, indeed, viii be unsnviable avocation.
A In The North, busneas mca hsre and elscwbcre9n
The south are beg.sins 70 ccstrsss tbsr operations
within sAfer limits han thoae which thsy ordinarily pre-
scribe with such expevisnoe they had 1851 they
can hardly b overtahea BY anoh~ storm with mach
canvass spread.
me freqoency q political eisssons, though Ne
ooune storm should be survived, will always adoa ish
tbe adoption This contraction policy stassd iutswya
rarticusy view Of NE existing deoats I'D
relations q the two SECTIONS. me Unson recsnty
s~rded a. founded up1n v0y uncsvtain haaia,
ana every little political brcess q purely sectional cha
rNoter shas sxisss dminshes oona6cocc IN ~ stability
ne nag thresssned orsnh, Appear, soon 70 como,
sad every seems busy preparing for IL