Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1862-08-14
A RnHk that Needs IookisE AFTER.

ARaak that Needs KookiaE AFTER.
ByAIaU Of Congress wisely enacted, the mskug or
circulation Of counterfeit money capital efsnce-
and in one case least the penalty Of the Law has been
executed on party found guilty. The graVaRsH CT
the couotereitsr offence Is that be brings the money
Issues Of the Government into discredit and thereby
snbarAsres its efforts and Weakens s power conduct
this war fer the common defence. Tor this be ia Ad.
judged and treated a proper hjsct for hanging
With this brief preface, the application Of which the
reader will have no difficulty in seeing, invite Aiten-
ton to the following from the Lynchburg H.rginiGR:
One Of the highest duties Of patriotism, We have
BEN taught to beheve, L. to sustain the Government
upon which our hopes suspended. Especially has It
been regarded ss of the greatest moment that
We should uphold ard e. this end indicate conf
deDce in, lis currency, a. constituting the only means
whereby food and clothing for our armies can be pro
cur, or the war tor liberties be pros cuted TO
succt ssul issue. This is waged, not only Tor our
selves but for postery. Il is being fought by the men
Of the present day. but the debt that sccuse from il
must be paid, In great part by those woo shall succeed
Us Renee il is sustained chiefly by confidence in cur
ultimate ability TO pay, and be conducted upon
sysiem of enlarged public credit That man, or CORPORA
ton reiore hat dscred & the Gove.pmsnts promises
% pay and refuses any of its currency, pubic enc
Cos il over as We may, there Is no eseAPins tns
conclusion
Oe OF our Oldest and strongest Banks has struck a
severe blcS at the credit OF tie Oonlecerscy TIE
Bauk OF Vugins, a. Richmond, refuses 10 axe one
sDeces OF Confederate notes, and has Instructed IT.
branches here aud elsewhere, 10 do likewise Aud Why
I tskes some Of The notes Of the government &c al
mi snd that ex'erI gives full aisi and credit TO is
iss-es Ye' the tfhcsrs OF he Bank should perceive
thar IN pul one class OF the Governments paper m
der the bAU, damaging all for IL all stands upon tie
same footing, and Is either valus0e or worthless alike -
Toe commOl people NbO not Informed by she Ba1k
officers of the reasons for their Cobduen thToErg out
hs class OF paper, viii very naturally conclude that
here IL somehlg wrong, and look themselves witt dis
favor 81 olrus upon ell the Government issues This
vii be the ed ct OF the cCuse nsuguraed BY the Balk
Of Virginia
And uby, VIC ask the cause Of the discrimination
fired toy i i found here: All OF the Lotes of the
GJverlmeu except one cass are convertible into eight
per cent sock bonds OF the Confederate States at
tas option Of the holder The class upon wtch
interdic. has been placed by the Box OF Virginia,
(oesriug very small proper ion, We Informed, 60
TOE Oe paper issue OF the Government IS payable sI
mort after the n. hcstion Of the treaty OF peace
~, en- the Confederate and United States and bear IL
teres al the rae Of two day every hundred
dollars or nesry Is per cent per snuum. Thsse is
sles ali OF the denomination OF oue hundred dollars
not being fu1dAbe 10 eight per cent stock and pAyiag
frscion less than that amount discarded by the
Ba1k OF rGiI Foruo other rel o. tha pCrc i've
that they yield fraction less Of interest than the
ogler issues that undsbe in eight pr cent stock
may be made 10 YIELD these noes u jscted and dis
CT dited BY he worthy President OF tie Virginia BAnk
a oountryman Of the iS,iaued Johnny Hook. Ca! for
another Herry TO scourge the WhO orseful of-he
terrible struggle in which engaged with
tyranny than that Of Grea; Britain thinks only Of
and p cent TITS new device is Johnny Hook ell
over.
To The credit Of the other Banks 10 this city,
land Ee usl it understood here that no owe none OF
taem and care little more for one than another,) they
have refused uhen invited Join the Virginia Bank in
I the u't'e uroa tie GoveT1nent currency.
And Ubs, should be done IN the premises! The
Legislature Of Virginia at its last session passed the
fylou ne resolution:
| n solved, by the General Assembly Of Virginia,
That Il the sacred and patriotic duty of every good
citizen Of the Confederate States under durss Of
the enemy, 20 receive in bis business transactions the
notes OF h3 Confederate States To refuse TO receive
them depreciSse their credit, and will tend to
deprive the Confederate Government of tbs OF
coudpc cannot be TOO strongly denounced as most
" n .etsally c5srciHg aid aud comfort to Ire public
"enslay"
Nov let the Legislature when Il meets again revoke
the Charter OF the Virginia Bnk and Of every other
that purtG.s such policy. That would be our Isl
cure for the evil ii il cannot otherwise b. cured The
rich and strong corporation but should be taught
that cAonO With impuaty, tr'As With the public later
es in paruAree OF selfish policy Of its own. Bat,
the evil could be remedied II merchants and
Others all Of whom interested in maintaining the
publ credit, should al otcs Withdraw their deposits,
unless the Bank shal pursue more LIBERAL patriotic,
s1f rational course.
BELIEVING that the conduct Of the mother INK of Vir.
ginis Richmond is ineIcussbe, and ealcuat to do
great harm toe public tote est, could speak Of
J., in other terms than have dooe. We sincerely hope
that this bad precsdent, this fret blow from such OUR
ter the national currency viii be repented tf by
! q ose Who have done the mischief