FARMERS' REGISTER 



[No;i 



numerous animal remains in a state of decompo- 1 what is neitlier more nor less than a sale of stock 

 sition, becomes a fruitful source ol" disease. It is in London, on the state of exchange ; and in con- 

 fer the same reason also danrrerous, under some sequence of its reduction, on the staple articles 



circumstances, to breathe the evening air; the 

 aqueous fluid contained in it, is loaded with the 

 noxious principles, which the heat of the sun 

 during the day had caused to ascend into the at- 

 mosphere. The disagreeable odor, conveyed to 

 us in mists, is owing to the power of the ac^ueous 

 fluid in transmitting the exhalations arising from 

 the earth. 



The manner in which the air conveys to us the 

 perfume of plan's, and the odor which it contracts 

 from the exhalations of bodies in a state of de- 

 composition, indicate clearly its influence in pro- 

 ducing maladies, and still more plainly its power 

 of propagating those that are contagious. 

 [To be continued.] 



From the Boston Courier. 

 BROOM CORN CULTURE. 



A broom corn mania is getting up in this region, 

 and the coming spring, irom appearances, little 

 else will be seen in meadows. Broom brush is un- 

 exampled in price, .':3!!ing readily at fifteen cents, 

 and ashes to put on broom corn land, sell now at 

 twenty-five cents per bushel in this village. The 

 produce of an acre of broom corn was sold the 

 other day in this town for ?j 130. 



THE MONEY MARKET. 



To the Editor of the l''anners' Register. 



"The expected increase of bank capital in this 

 state will not be obtained this year. The legisla- 

 ture not having had time, during a session of three 

 months, to act on this subject. This may tend to 

 retard the improvements which are now in em- 

 bryo. An advance in the price of the stock of the 

 existing banks has resulted from this neglect, and 

 118 to 120 per cent, is now spoken of lor Virginia 

 and Farmer's Bank stocks. Petersburg Rail Road 

 shares conmiand 119 — Greensville and Roanoke 

 S8 or ,^9 advance on $S5 paid. The subscription 

 to the Raleigh and Gaston Road, which is re- 

 opened tor a limited amount, is freely taken, and 

 the work is commenced. 



The cotton manufacturing establishments are 

 in a thriving state. The stocks of those in Peters- 

 burg, which are now in operation, command 25 

 per cent, premium, or more. Their goods are in 

 request in all the southern, and some of the north- 

 ern markets." — Cimi. Rep., Far. Jieg., p. 768. 



Sir: Such is the view taken ol" the refusal of 

 the legislature of Virginia to increase its banking 

 capital, and such the result of the actual state ol' 

 things, so inimitably described, and so encourage- 

 ingly stated in the latter part of the first paragraph. 

 Since they were written, Massachusetts and JVlary- 

 land seem to have simultaneously thought and 

 acted with Virginia; and will have all performed 

 their duty to themselves, their contemjioraries, and 

 to posterity. Surely it will be but prudent to try 

 the rcsidt of the -ii20.000,000 about to be thrown 

 on the money market of Europe, bclbrc fidly i^fsSO,- 

 000,000 more should be issued. Anadmirerj and 

 as ftiras my influence has extended, a supporter of 

 the Bank of the U. S., I will freely cenfcss I dread 

 the efTect of their attempt to raise this money, by 



of the country. It deprives them oi their lair 

 chances, as the means of paying the general debt 

 of commerce and gives it to the holder of capital, 

 too often fictitious: and should the money jobbers, in 

 Europe, dreading the actual state of things, in the 

 United States, not give a good [jrice, or take but a 

 portion, tlie eflect of such a circumstance would 

 be doubly disastrous on the value of all monied se- 

 curities. Besides, when we read of such an at- 

 tempt as that, seriously made, and which Congress 

 must and assuredly will as steadily resist, to issue 

 #200,000,000 of stock on the credit of the public 

 lands, and for the purpose of raising a revenue on 

 commerce to discbarge the interest, it is enough to 

 appal the stoutest heart. Why not repeal the du- 

 ties, lessen the expenses of the Government, and 

 depend on the land ? The spirit of Law of Lau- 

 riston, must have arisen in the midst of us, and at 

 a moment when convulsions of a dismal charac- 

 ter are opening on our view, are we witnessing the 

 "crowning" work, which is, first to starve the la- 

 borer, and last, deceiv^e and ruin the wealthy pro- 

 prietor; for such will be the inevitable effect of a 

 system, which confines the capital ol the country 

 to cities, and destroj's the yeoman. A fine exam- 

 ple of it is to be seen in South Carolina, where the 

 superior attraction of capital in stock con)panies 

 has concentrated it in Charleston, to the ruin of the 

 jrreat proportion of fine land around it. It will do 

 more than this. The high price of provisions will 

 enhance the value of labor, and in its turn, this 

 will check the progress of manunicture, paralyze 

 an immense capital, and throw the country into a 

 full and perfect state of dependence on i()reio:n na- 

 tions. This very year a heavy cxporiaiion of spe- 

 cie will be required to pay for the necessaries of 

 lifij to be imported, and if the issue of paper is to 

 be as great as is threatened, its general eflect on 

 provisions, the value oflabor, and on manufactures, 

 must and will be indeed dreadfully disastrous. 

 The instant repeal of the whole tariff, would not 

 only be infinitely preferable, but perfectly effica- 

 cious. However, this is but prefiitory. My ob- 

 ject is to take a view of the situation of Virginia, 

 and Maryland, and to propose a remedy, which 

 shall jireclude an enormous issue of paper, and 

 still effect the designed object. This will be done 

 by making a State Loan of, say S 10,000,000, 

 payable in, say 30, 40 or 50 years, instead of in- 

 creasing the bank capital; as, in the one instance, 

 calling for it as you want it, you know exactly 

 tor what purpose and how much you issue; and 

 in the other, are no more masters of its amount 

 and application, than you are of the wind. As to 

 the vulgar notion of going into debt, it is pretty 

 much the same in both cases; and hence, on that 

 score, there need be little difficulty. My plan 

 would be, if it was possible, thtit Maryland, V'ir- 

 ginia, the Caroliuas, and Georgia, should unite in 

 borrowing as much as was wanted; and after pro- 

 per surveys of the projected works had been made, 

 they should cither singly or together, complete 

 them, and when completed, the}- should sell three- 

 filths, or four-filibs of them to the public in shares 

 of $!lOO or ijiSO each, or, perhaps, they juight pay 

 such a revenue as to make them worth retention — 

 the final disjiosition to be determined by events. 

 The credit of the different States on the London 



