The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-08-18

ha The friends OF one atotheTs ~
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The Faaaneos- OF Maaer- w. ~
4 as,shcrlan-Confin Rains-ane ~
haeoo t,aop-OpiRi0n Of an Oc.oss-
Z, ,,,.,,,.- STATE Agricultural sociesy-
visitors axrne Ettfstn.
correspondence OF the Richmond Dispa'ei'l
- BuRrALo LIrHrA SPRINGS,
syMRcKLgNBuRa co., Va, August 10, ioto.
The discussions and publications in tee
,n,rsra nors In regard to the Dational nnanclai
n,ss,;nn are now exciting comment IN the
r,,ral districts. The people see q porlentous
s,,hi,cf eliciling their interest, and are eager
~ hear and read all the diversified views
a,bic, may be entertained. and avail
themselves of all the information on
The subject. While here | had the
Measure Of couversing with one OF
Sou,hside Virginia's most prominent
citizens-one regarded as ciear-headed,
spacious. aud successful man, combining
great practical sense, enlightened views, anu
a fortunate business career, and VINO mas
held several positions of trust aud honor.
from the people in the councils OF the state,
and is also aI x-president OF the FirS'nta
Safe Agricultural Society. refer to MAJOR
William T, Sntherlin, of DanYllle, va. l
report this Interview: ,.sE. .4e
e. Corrcs pondent: Il believe you are en-
gagged in manufactures, q large landowner,
and an extensive planter!
Major Sutheriin: am not engaged 10
manufacturing, but am large land-o"neI'
IN d extensively engaged in lis cultivation
@. What is -FOUR opinion OF the present
status OF the financial question? .,..
| 9 A, The financial agitation now attracting
ppblic attention is a direct issue between tne
b,ndbolders and the national banks against
hose engaged in the industrial interests OF
the country. ,.-,l-..I
"a 7, an immediate or not far distant re-.
turn to a specie basis practicable or de5lra.
BILE?
=. A. 1t is desirable to have The circulation OF
the country equa! to coin as soon As IL can Dc
| made so without iojury to the producing Id.
terests, but in my opinion that Is NOT PFac'i'
| caule alta very early day.
| @ What would be the effect OF return
| to specie. payment upon the Industrial anu
agricultural classes! -,
| "A. ANY attcnp at an early return to spe-
c;c.payment would still further depress the
industrial interests OF the country, and to
gsast ex eutparalyze agriculture.
@ i immediate resumption possible!
L A. do not think it is. This cannot be
accomplished until the productions OF the
country furnish exports sufficient to pay ior
| imports and to meet the dues to foreign
countries. Then resumption will come, and
! uiay on this basis be maintained, but IN no
other way.
@. What would be the effect of any inils
ton: ........ -....- ...,-
| A.. ANY i, e ition beyond the needs of the
L., ol ri
would I've injurious.
| o. Would paving customs-dues in cur
lriucy effect solution Of the financial Ques-
ton:
A. / think not. II would bean important
s,eD in the right direction, and should be
taken at tie earliest moment; but Il solution
Of the financial question Can never be effect
ed until the present national banking system
is abolished.
@. How would you 60 about resumption!
! A, | would haye the most rigid economy
lpracticed by Government and people, and
furnish every encouragement to industrial
pursuits. and by every possible means stinu-
late and increase the productions Of the
country, and repeal all mOnopoliZ!ng leglsla.
ton tending to make nilIionaires of one class
and pauperS of aUother. Let these things be
done, and the circulating medium will soon
be- as good as god. ----.+ -
@ What kind of a circulating medium
would you prefer? ,..
| A. The substitution of greenbacks for the
na!ianal-tank notes would be more acceptable
10 the country at this time than any other
circulation.
| O. Would not an immediate return to spe.
cie-payment, or by 1st July, T6, have ten
dency to emDarrass the planting interests OF
Virginia and ddpreciate the price OF lands !!
A. A return to specie-paynent by the Isl
Of july, '1G, would for time, and no one can
4 tell no i long, destroy the value Of real estate
in Virginia and reduce the agricultural pro.
ductons Of the State next year ut least one
third below the usual crop.
@. am informed you own twelve farms.
Could YOU cultivate them the ensuing year if
you spccie.pay nent would be resumed
IN twelve months ,... .s
| A. Own and work twelve farms. If
knew an attempt would be made TO return
10 specie.payment within twelve months
would not spend one dollar in their cultva.
ton mex. year. Itrcquires twelve months
and mo re to make and market to advantage
nearly all The crops grown In Virginia, and
| whatever might lie my success in raising
crops the depreciation in their value would
| certainly Cause heavy loss.
| The excessive wet spell continues. Serious
lapprehenslons are now felt in regard TO the
,0Dacco crop. 1t is liable to he materially
damaged in many ways if we have no c-ssa-
| ton OF rain.
Colonel William Townes, ST., u large and
wealthy planter in this county. and a gentle.
man well known throughout the State. is a
visitor here. He is considerably past four
score years, but is a' erect as az Indian, and
nls ulenlal Faculties are perfectly clear. He
says he has never known since 1874 such wet
summer, and hen the tobacco crop was inte-
rior, and short crop OF corn made. He thinks,
unless we can have fair weather for the fu-
ture, The tobacco crop will be light, of indif-
| ferent quality, and devoid OF gum or SUBJ
stance. "
omitted to mention in my last that the
Executive Committee of the State AgricuI-
tural Society, which met here the 10th in.
slant,~invited B.Johnson Barbour, Esq, to
deliver an oralion before the Society at the
next Fair; anC also that the first day Of the
exhibition (26:h Of October) was reported TO
Governor Kemper, in response to COM
muDicaton on the subject, as the day most
suitable for the inauguration the statue of
Stouewai Jackson, which will be shipped
from England.
A large number of people are still here,
ana all seem we'll pleased with the waters,
delightful society, comfortable apartments,
excellent fare, ana courteous attentions.
J.
Some Thoughts about Finances.