Daily chronicle & sentinel. (Augusta, Ga.) 1837-1876, April 15, 1840, Image 2

Below is the OCR text representation for this newspapers page.

i CHRONICLE A ND SENTINEL I A U 4 s T A. WEDNESDAY MINING, APRIL 15. Centiml Bank. We clip from the of Union the fol lowing article, and as-tlfo editor no doubt speaks by authority, we may-soon expect a new issued the Bills of the Central jßank. Heretofore we have forborne the expression oi our opinion on this subject, for we did not suppose, that those who had cl;a|r|ie of this institution, se riously contemplated suc> a measure. "W hat is the true state of the case i The Bank is now un der the controul of the mocrats” a party that has signalised itself by its folly and madness upon tjiis subject, and has in duced the people to believe, that, were they in power, the whole banking “ monopolies'' of the Stat should be forthwith crushed, and in place oi the • Bank rags,” which now flood the country, gold and silver should fi'Xiw in bounteous profu sion. Yet the leaders of ibis party backed by the Governor of the State, all of whom have prated so much about an exclusive;specie currency, are now about issuing from one-; 1 ) three millions of dol lars of the same u pap£*.rcgs,” the issues of a Bank that are not now received at the counters of one half of the Bunks «K the Stare, and with its M.. . . present small amount o| is at a dis count of four percent in? thrs city. What then we ask must be the discount at which it will be s >ld when the Bank Ushies from one to three millions more, upon no o.tuer assets than it now has ? Let the directors oif this institution answer this qucs ion to themselves, before they get their consent to practice sues. ; Bm imposition upon an unsuspecting people. Fj)*r, that it will bean im position to issue bills atjfsn, which must inevita bly in a short time be ct|a ruinous discount no one will pretend lo controvert. It must and will result in ruin to the borrduers, who will be com pelled to give their notes aind receive the money at its nominal value, and; ihefore they can apply it to the payment of the.;r;<|ebfs. be compelled to submit to a discount of 20 to 30 percent. The idea of the Standjifi of Union, that the people will sustain the crtjijit oi the bills is, to our minds, the most absurd w';0: have ever heard urg ed to sustain any position! illovv, we ask, are the people to sustain the crellit of the bills? They are the borrowers—they h»ar e no means to sus tain the credit of the Bank; :r its bills. Os what avail (hen would be the|r determination to re ceive and pay out the bills} at par, provided they should so resolve 7 None Whatever. The reason i is obvious, the people arp indebted tc the mer chants, and the merchiii?o;3 to the Banks or through the Banks to the Northern or Eastern merchants. Can it be supposed that the mer chants or planters who are indebted to the Banks, will pursue such a suicidal policy as to receive bills at par upon which they will loose twenty to thirty per cent? We apprehend no man in his sober senses will for a moment expect them to pursue such a policy. If (his be true then, of what use will the money fcs to the unfortunate man who borrows, unless !s.* consents to the dis count ? It will remain on did hands perfectly val ueless, while his notes are in Bank and he is pay ing interest upon the amount so borrowed. We repeat, the people cannot by any possible means sustain the credit of the tilts at per, it is impos sible, they cannotdo it now and how is it possi ble for them to do it, when tb® issues of the Bank are so greatly enlarged as.tbi? directors contem plate ? = If the Bank were able to sustain the credit of its bills, nothing would ass ml us greater pleasure than to see it stepping forward to aid the people and relieve them from their distresses. But un der the present aspect of thjj affairs of the Central Bank, we cannot hut issue of such an amount of bills, as a measure fraught with the most dangerous and l u noi-sv -esults to those who may be induced to borrow i.*ie money under the hope of relief. No 'fact is | more clearly estab lished by the experience of; all men, than this, that the planters oi Georgia* cannot, for a long period together, with any improvement to their pecuniary interests, pay eigh: per cent interest on luge sums of money. Wh*i then must be the consequences to those who ib&y borrow the bills ol the Central Bank and in ciCidilion to the inter est, be compelled to submit iq the heavy discount I J upon the bills of even 20 percent, and we have no doubt it will be greater ‘Jaap that ? I Were we to look upon this,measure as one of party management, without, regard to the best interests of the people of Georgia, we should re joice to see the leaders of tlje party adopt this measure, and loan out even ifvee millions of the bills of this Bank, for it woul|ii most assuredly, at no distant period, recoil upon teem and result in their complete overthrow, asiia parly. But our object is of a higher character, we look to (he consequences of this most fala-1 measure, and al tho gh we do n it i,n igine thiiXuny thing we may say will arrest the intention til? the directors, lo oiler the loan, yet we may perhaps be instrumen tal in preventing some unsuspecting citizens from falling into this alluring snaijfc, which although it promises relief from their ii|jmediate and press ing wants, will only merge tf|ein into greater d f ficullies, from which it will? be a more difficult labour to extricate themselveL As we anticipated, the Central Bank will com mence a distribution as eailv* as arrangements can be made, and it will tbop be seen whether the chartered institutions wilt be content to mind their own affairs, or combine lor the purpose of sinking their credit. . Much as they seem opposed to her distributing money among the people. vuUet hope they will not attempt to interfere wit|>her arrangements, as no can result from tV-lr hostility, in any view of the subject. Ohuld ijhey even succeed in depreciating her bills, they itjroiild g,i,. nothing by it, while the credit of the s‘ns.te, and the inter est of the people, would be ln e sufferers; nor nee i it he concealed, that in isfoiportion lo the in jury sustained by both would |be the spirit of op position aroused against the rF But, in the first place, we sincerely hope, th is the dictates of pru dence will admonish them to‘|u course of moder ation, and that all maj work l:dgether for good. The times require, that relief should he found in some quarter, and that forbearance should be the governing principle*, as *jsi'll among men as - banking institutions, and the Central Bank' acts liberally in her discounts, and the chartered banks do not allow themselves to interfere with or thwart her policy, much good will he done and harmony will prevail ; but should they rush blindfold upon her, we entertain no fears for the issue. The people, whose institution she is, will rally around her and support her credit, in spite of all opposition. I* In conclusion, we invoke a spirit of modera s j tion. Theie is distress enough in the country, j without agitating its fury, and increasing the gen- I eral calamity. Let all extend a helping hand, and vie with if each other in the race to do good. '♦ Letter of Col. Johnson. s The letter of the Vice President, to Lewis Tappan, of New York, in this day’s paper, will be read with pleasure by every class of citizens. s It is the best thing, except the Sunday mail re port, we have ever seen from this pen. i . # From the New York Journal of Commerce and Courier of Friday morning. f LATER FROM EUROPE. ’ By the packet ship St. Lawrence. Capt. Bunk - er, we have Liverpool papers to March lllh, and 3 London to 10th inclusive. By the Albany, Capt. } Watson, we have Paris and Havre papers to Saturday, March 7th. ' The rates of dismunting on Banker's security continue at 3J to 3£ per cent, and on good se i condary paper sto 6 per cent, without however, p there being many hills offering. The alarm created in the money market by the 1 great demand for money by the Tea oesple to meet their prompts has subsided. Mr, Featherslonhangh and Mr, Mudge have not yet made their Report upon their survey of the N. E. Boundary Line. Lord John Rus-eli has suggested the position of affairs on the Boundary Line as an argument for maintaining the strength of the British army in Canada.—Nothing, however, was said of the prospect of a war. Private letters by the St. Lawrence, state that. Mr. Jaudon will return to the United States by the packet of the Ist May,— the affairs of the United States Bank being in a fairer conditi- n. The news that Pennsylvania had paid the inter est on her loan, had produced a favorable im pression. The accounts from London possess little in terest here. The most important item in general politics that we find in these papers, is the pai ticulars of the force England has already direct ed or is about to direct again-t China, the mag nitude of which would indicate that the inten tionsof the British Government are not confined to the mere mercantile question, but that she con templates teritorial acquis.tions or the overthrow of the Chinese Government; and when it is re collected that the native princes of India were subdued and the foundation of the British Em pire there, laid by, comparatively speaking, a handful of men, there can be little doubt, that with ? he means England has now employed, she will succeed in her plans of conquest, however vast they ay be. One of the papers contains the particulars of the British expedition against Canton. There have already sailed for that port, or about to sail, four seventy-fours, two large steamers, and a great number of frigates and sloops of war. The num ber of men on hoard from 12 to 15,000. The Constantinople intelligence of the Journal de Smyrne, under date of 18th February says, “ A treaty of commerce, similar lo that with England, has just been made with the United Stages. Correspondence of the Courier <$- Enquirer. Paris, 7th March, 1840. The bonds of the Bank of the United States remain firm at 984- Some parties here take it ! into their heads that there is a chance of war be tween your government and that of Great Brit ain on the boundary question which has more or less influence on the public mind. London, March 9. —f evening .) —In the Con sol market very little business has been done, and it has been considered heavy, though the money price has shown a disposition to improve. Dank of England. Quarterly average of the weekly liabilities and assets of the Bank of England, from the 10th Dec. 1839, to the 3d of March, 1840, both in cl jsive, published pursuant to the Act 3 and 4 William IV., cup. 98. LI ADIT.TTir.S. ASSF.TS. Circulation, £ 16,678,000 Securities, £23,223,000 Deposits, 7,896,000 Bullion, 4,271,000 £24 574,000 £27,494,000 Downing street, March 5, 1840, The returns show an augmentation in the cur rency to some extent. Compared with the last account, there is an increase on each item : on circulation, £ 167.000 ; on deposites, £326,000 ; on securities. £242,000; and on bullion of £307,- 000. We estimate the actual stock of bullion in the hank, at this moment, to he about £4,500,- 000, and. as it is increasing steadily, there is no cause for alarm, unless a sudden change of cir cumstances should occur ; such as had weather for the spring corn, or any thing to cause violent speculations or panics in business. Rumored Bank Dekaecatiox.— The Nor folk Beacon, of Thursday, says :—Rumors reached town by the Richmond boat yesterday, that there had been an overdrawing of an accoun 1 by some thirty thousand dollars in the Bank o Virginia, and that the officer, through whose oversight it had been committed, had disappear ed.” Abolition Petitions. A Letter f nm the Vce President to Lewis Tap pan. of New York, upon decVning to present ic the Semite an Abolition Pe, -f on, signed by one hundred end forty women. W ashixgtov, March 23, IS4O. Sir: —Your letter of the 7th instant, was duly received, enclosing a petition to Congress, signed by one hundred and forty women of the city and county of New Y'ork. praying for the abolition of slavery and the slave trade in the District of Columbia and in those Territories of the United States where they exist, and to admit no new slave States into the Union, requesting me lo lay the same before the Senate. I have also received your idler of the 17th instant, requesting me to inform you when I would present the petition.— Having declined to present the petition, it is, per haps, due to the fair petitioners, and to you. their organ, as well as to myself, lo state some of the reasons which dictate my course. The constitutional right of petition is contain ed in the first article of amendment, as follows: “Congress shall make no law respecting the establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the peo ple peaceably to assemble, and to petition the Government for a redress of grievances.” Congress has never made a law abridging this right, but the people assemble at pleasure, and petition at pleasure tor a redress of grievances.—— Os course, this part of the Constitution has not been violated; and if it did not exist. Congress could not, constitutionally, have passed such a law, because no such power is delegated to Con gress. This right, reserved to the people, does not devolve upon the presiding officer of the Sen ate the obligation of presenting petitions of eve ry conceivable description. There are considerations of moral and politi cal, as well as of a constitutional measure, which s would not permit me to present petitions of a d character evidently hostile to the Union, and de i, structive of the principles on which it is founded. !, The patriots of the Revolution in-de great sacri h fices of blood and treasure to establish and con e firm the doctrines set forth in the Declaration of II Independence. Each Slate was then an inde e pendent sovereignly; and to form a perpetual confederacy for the safety and benefit of the i- whole, embodying the great doctrines of the De claration, e a cornpomrise ofinterest and feeling was - necessary. That compromise was made; and the principle which your fair petitioners are now li agitating was settled. The right of regulating and aholish'ng slavery was reserved to the States; and Congress have no more right to destroy sla very in Virginia and Maryland, than they have to establish slavery in New York or New En -8 gland. '1 he right of petition for these objects is 1 reciprocal, and the obligation of the presiding of ficer to present a petition to the Senate, if it ex ist in either case, is equally strong in both. But ' [ cannot recognise the obligation in either case, though I acknowledge the right of the people in both. Is a difference made between the District r of Columbia, and the Stales of the States of Ma ryland and Virginia, from which it was taken ? The question was settled in relation to this Dis trict by those States, by the formation and adop tion of the Fedora! Constitution when it was a part of those States; and a subsequent cession 1 , of jurisdiction could nol deprive the citizens ot the 1 rights already secured to them both by the Feder al Constitution and the Constitutions ot their re spective Siates. The right of Congress to exer cise exclusive legislation in all cases whatever, does not mean omnipotent legislation. Congress have no right in the District of Columbia to take away the right of trial by jury; t pass an ex pod facto law ; to abridge the freedom of speech or of the press ; to establish religion by law, nor to destroy the rights of property, or the personal liberty of the citizen. These reserved rights are as sacicd in the District of Columbia as in the State of New York. They have the same right to consider the abolition of slavery in New York a grievance, and petition to Congress to establish it there, as the citizens of New \ ork have to con sider it a grievance in the District, and petition Congress to abolish it. Their right in either case to assemble peaceably and make their peti tion, I do not call in question ; but the obligation on my nart to present it to the Senate, I do not adm<t. If a number of citizens should consider a Re publican Government a grievance, and petition Congress to establish a monarchy; if others should consider religious t deration a grievance, and (hv tition Congress to destroy heresy, by abolishing all religious sects but their own, I should not consider it mv duty to present their petitions to the Senate, nor do I consider tt my duty to pre sent a petition the certain tendency of which is to destroy the harmony, and eventually to break asunder the bonds of our Union. In regard to new States, the case is, if possible, stiil stronger. They must be united upon terms of equality. Each State having reserved the right of regulating this subject for itself, no one can be constitutionally deprived of the right. The State of New York has abolished slavery; but this abolition is not the condition on which she holds her place in the Confederacy. It is her own policy; and if it shall be her pleasure to change it. Congress cannot interfere. iSo, if new States are admitted into the Union, when admit ted they will stand upon an equality with New York. They may establish or abolish slavery at their pleasure, and neither Congress, nor any other Stale, will have any more right to interfere with the subject than with the laws of primogeni ture in the British empire. The object of the pe tition does nol affect the abstract question of slavery; that is a subject which the abolitionists of the free States can no more affect than they can that of the privileges of the British nobility. The plain question is this: shall we continue a united confederated Republic, or shall we dissolve the Union 1 If the prayer of this and similar pe titions should be granted by a majority of Con gress, the inevitable effect would be an imme diate destruction of the Confederacy, and. with it, those bonds of affection which have united us as one great, one harmonious family. It has be ;n my griaf to observe a recklessne ;s on the part of some, whom I otherwise highly esteem, showing an utter disregard of all the consequences which must, result from the perpetual agitation of this subject. We have an interest at stake too dear to be compromised for a phantom which we can never gain, however enthusiastically we m.iy pursue it. As a free, a powerful, and happy ra tion, we stand unrivalled in the annals of the world. Turning the eye alternately to every region of our country, it is greeted with the smiles of hap piness, amid the scenes of liberty, and peace, and plenty; and yet imagination frequently pauses up on the localities winch remind us of the price at which these blessings were gained. Do we com pare our condition with that of adjoining colo nies'? We look to Quebec —and there Montgom ery fell. We return to view the beautiful town of Boston; an 1 take our stand on Bunker Hill— there Warren died. We cross the delightful fields of Connecticut—there. Wooster bled. W. 3 continue our observation through the Jeiseys, till we reach Princeton—there Mercer perished. Even from the Capitol in which we are assem bled wc cast a look to the South, and the heights of Vernon remind us that the mighty Washing ton slumbers there, who forsook these peaceful - , shades for the toils, the dangers, and the priva tions of the sanguine field, where, with thous ands of others equally brave and patriotic, the en emies of our rights were defeated. It is at the price of their blood that wc, in common with your fair petitioners, now enjoy these blessings. When these rights were again threatened, I re garded it my duty, in humble imitation of those apostles and martyrs of liberty, to offer my own life upon the altar of my country, to confirm to von and to them the permanent enjoyment of tho-e blessings. A merciful Providence protect ed me, and I find a twofold recompense in the preservation of our institutions. With these views, I cannot reconcile it to my sense of duty to present the petition. I shall en ter into no discussion on the principles of slavery, as that is not involved in the subject. I can view it in no oth r light than that of an interference with the constitutional rights of others, and in such away as tends to the destruction of the rich inheritance purchased by the blood and toil of the fathers of the Revolution. Another cir cumstance exists aside from what I have noticed above, which would make me reluctant to present this petition ; it comes from ladies, ordained by Nature and by the customs of all civilized nations ! to occupy a higher place in society than that of | petitioners to a legislative body. If courtesy could induce me on a subject that could nol become a matter of injurious notoriety to present a petition from females, yet I should regard it purely as a matter of courtesy, and not of constitutional right. The rights of women are secure through the coarser sex—their fathers, their husbands, and their brothers. It is the right of a woman to maintain a modest retirement in the bustle of politics and of war. She does not ap pear at the polls to vote, l>ecause she is privileged |to be represented there by man. She does not serve on juries, nor perform the duties of tlie bai j liff or executioner, necause it would be a degra dation of her dignity. She does not take up arms and meet her country's foes, because she is a privileged character, and man is her substitute, who represents hei in all these drudgeries. Every man is bound by the perfect law of custom and of honor to protect and serve her. This is the light in which the law of God places the woman. She Is veiled and silent even in religious discus sions; not because she is unworthy, but because she is exempt from the strife of man; and it is her right to observe that retired modesty which renders her the object of admiration and esteem. In this respect the Constitution of our country is established upon the principle of the Divine law. If the rights of man are inviolab'e, they are of course confirmed to woman ; and the most dignified of the sex are the least inclined to meddle with public matters. I presume females who sign petitions would not consent to the pub lication of their names. I should be very reluc tant to be accessory to an act which should, in any degree, cast a shade of reproach upon an in dividual of that sex whose modest degnsty is the glory of man. i bus, sir, 1 have frankly stated my views in returning the petition, as I now do. I trust you will nut deem it disrespectful to vou, nor to the ladies for whom you act. Be as sured that, for yourself individually, I entertain high respect; and could I serve you personally, it would give me great pleasure to do so. Though a stranger to the signers of the petition. I do not doubt the respectability of thejr character; and I deeplv regret being requested, on their behalf, to perform an act with which I cannot consistent ly comply ; but with the view which I enteitain, I cannot better testify my regard for them than bv returning the petition. Motet Respectfully, " R. M. JOHNSON. Lewis Tappajt, Esq. New York city. From ths Baltimore American. Sugar in Louisiana. A memorial remonstrating against the reduc tion of duties on foreign sugars has been address ed to Congress by the Legisla ure of Louisiana. It contains some valuable stali-lical statements relating to the present condition of the sugar growing interests, and the effects produced by the policy of diminished duties. The memorial states that investments in the production of sugar were chii fly made in Louis iana after the passage of the Tariff laws of 1816. From that year to 18*28, the annual production increased from 15.600 hhtis. to 4b,000 birds, ot 1000 lbs. each, la 1838, the capital vested in the business was about thirty-four millions ofdollars, with manual power to the amount of 21.000 hands. 12,000 horses, oxen, &c., and machinery of 1,640 horses power. From 1338 to 1830, new estates were undertaken requiring an outlay of about sixteen millions more; at the close of the last named year, there were in Louisiana 691 es tates devoted to the pioduction of sugar, with a capital of about fifty millions. Under the system of protection then existing, the Slat*-’ was supply ing one half of the sugars required for consump tion in the United States, and was bidding fair, >ays the memorial, soon to moot the entire con sumption. The reduction ofdutics which took place upon the passage of the * 'oniprornise Act operated dis astrously upon the sugar grow.ng interests. One hundred and fifty-six estates have been compell ed to abandon the business, and the further ac tion of the present system, introduced by that Bi'l, threatens to ..anihilate that important branch of national industry. Some statistical estimates are given going to show the profits of sugar growing under existing prices. The capital now invested in the business is reckoned at fifty-two millions, many improvements in machinery hav ing been added of late years to increase the value of estates. The average annual crop is estimated at 70.000 hhds. or 70 milhons of pounds of sugar, and 35l).000 gallons of molasses. At 6 cen s for su gar and 20 cents for molasses, the product of the crop would he $4,900,000; expenses -eckoned al $3,000,000, the nett balance would be $2,900.- (•00, or about per cent on the capital invested. At 5 cents for sugar and i 7 cents for molasses, the nett product would yield 4 per cent on the capital; at 4 cents and 16 cents, the nett product would yield 2 8-lUtlis per cent. The memorial states that in Louisiana, sugar cannot be raised for le s than cents per pound. In the West India Islands, with their advantage of climate and cheap operations, Muscovadoi.s can be produced so as to yield a fair remunera tion at and 3 cents. Under these circum stances it is declared that the heavy in vest m nts in the sugar business which have been made in Louisiana would never have taken place had not a cont.nuance of protection baen relied on. It is further urged (hat while a protective duty would enable this languishing interest to revive again in the State, the abandonment of tile cul ture, under the present low duties, would not op erate to diminish the current prices of the com modity. In other words, under a protective du ty, the prices would be no higher than they would be if no protection were extended. This is shown by a table of prices from 1830 to 1839, both inclusive, from which it appears that the cost of production in the West Indies has been no criterion of the selling price, which has always risen in proportion as the supply from Louisiana fell short of its usual average. If that supply were withdrawn altogether, the West India pro ducer having no competition to dread might im pose his own price upon the commodity. We may here add that this consideration is of great weight in reference to other articles besides sugar. Duties for the protection of home manu factures are said to raise the prices of articles to an unnecessary height—much above the regular price based upon the cost of manufacture in Eu rope. But if our domes'ic industry were left entirely without protection, so that the British capitalist and er might command the market, without a competitoi. who does not see that prices would run up without our being able to help ourselves ? The demand for au article would regulate its price—nol the cost of produc tion ; the seller would require not what the thing was worth, but what he believed he could get. The Louisiana memorialists, temperate and ac curate in their language and statements, conclude by praying Congress to revive the sugar duties of 181 G, as a measure essentially impniant to the sugar growing interests in the United States. Every thing in England now is a la Prince Albert,’ from locomotivasteam engines down to mouse traps and penny whistles. In the window of a cheap dirty cook shop, in vicinity of White chapel Church, is a paper displayed, setting fin th that -nalbert soope tuppense hapeny a pint’ may be had within. In one of these bye streets, run ning from Hounusditch to Petticoat lane, an enterprising sugar plum and bull’s eye manufac turer advertises ‘Albert lollypops two a penny,’ and in Bethnal green road, one Jeremiah Riggs, a poetical barber, exhibits a flaming playcard in his window, surmounted by the royal arms, with the following choice and important announcement: ‘Gentlemen’s hare cut and dressed a la Albert: only lurpence : ladies ditto ala Reine, 3d. The best Albert hair hile only 6J a bottel.’ Names. — A recent act of the Legislature of Maine, to change (be names of certain persons, provides,—That Shearjashub Hatch, of Mercer, be allowed to take the name of Francis Hatch ; that Mary Jane <’arpenter, of Cornville. lie al- I awed to take the name of Mary Jane Newbegin ; that John Blue. Betsey Blue, (wifeof said John.) and John H. Blue, their son, and Agnes P., wife of the said John H., all of Bloomfield and Mon mouth. be allowed to take the the name of Ballou as their surname; that Jonarhan Fly Wormwood, hi-i wife, and seven minor children, of Surry, be allowed to lake the name of Wood as their sur name. The Eastern papers announce the death of Peter E Jes, well known inN. York, where he once lived with his son, Benjamine Edes, who carried on the printing business. Mr. Peter Edes was, at the time of his death, o.r the 28th ult- ihe oldest printer in the United States, being then in his Bsth year. I j A War Sign.— The New \ ork American . states on good authority, that orders have been r received at the New York Navy Yard, to get all u the vessels in port ready for active service. These r vessels are the Indprndence, (razee) just re t turned from Brazil, the Fairfield , the Natchez , > and Boston , large sloops of war, and the Relief, i lately returned from the South Sea Exploring - Expedition. The greatest despatch is also ordered to be giv i en to completing the new steam-ship of war now . building here. I Bridge across the Mississippi— The people • of St Louis have'for a long time been thinking of 1 building a bridge across the Mississippi at that ' j city. The city Council some time since authoris -1 ! ed Mr. Ellet to examine into the practicability and > expense of such a structure. He has made a 1 report, of which the Gazette gives the following ■ as the essence : 1 “The bridge is to he 3.000 feet long, from bank ’ to bank, to he supported hy wire cables, to have only two piers and three arches, and to be elevated above low water mark 70 feet; and above high 1 water mark 45 feet, so to admit of a free passage under the arches for the tallest steamboat. The cables are to be suspended over the two piers from towers that, from the bed of the river, rise to an elevation of 200 feet. The central arch is to be 1,300 feet long—the arches at ihe ends 1)00 feet each. The entire cost is set down at $737,- 566.” From the New York Commercial Advertiser. Av oli» Subscriber,— A Veteran*.— -We had the pleasure yesterday morning of giving the . korty-sevkxtii bill and receipt for the New York Spectator, to the venerable William Luu , lam, of Oyster Bay. During the whole of the period, forty seven years, he has been a constant subscriber, has paid punctually every year, and has the whole number of receipts in order. He f is an example for the world to look at. What , sound and quiet sleep he must have ! And how much more comfort would there be upon the pil , low, if all men were like him! Reader, who ever thou art, think of this matter. And if in those hours of the night when deep sleep falleth ' i upon man, you lie tossing and tumbling about, without being able to sleep at ail—pause a mo ment and reflect whether you do not owe for your newspaper ! Mr. Ludlam, hy the way is eigi. tv three years old in excellent health and spirits, and promises long to read the Spectator still. African Slavery. —Let Northern and British fa natics read the following statement, and blush for their warfare on our institution of domestic service. 1 Recapitulation of the African Trade, and by what nations, for tiie port >.f Charleston,from I st'jan. '■ ISU4, to 31 st December, 18C7. SHIPS OK VESSELS EMPLOYED. I nr fOc*-i -r j 2 -! —• -i" —• ~- aig.BiS .«i 2. §<? I 5 S 5 - ? i c o|2 i». o ' ais“ 3 i - ° (•> ® ; !|i I I sf: g-S-:=■• a r; i | |s-*(g.2 =•: i 1 i i i j js »i c o i I <-* !/j j *->' 1 1659 dl 2 II 170 13 ij 13; Bsj 91l 10 T ital, 202 THOS. 11. JERVEY, Surveyor. Surveyor’s Office, Custom House, Charleston. L fe Insurance in New York— The Le gislature of New York has passed an act respect ing insurances on lives for the benefit of married w- men. It makes it lawful for any married wo man, by herself, and in her name, or in the name of any third person, with bis assent, as to trustee, to cause to be insured, for her sole use, the life of her husband for any definite period, or for the term of his natural life; and in case of her survi ving her husband, the sum of the insurance be coming due by the terms of the insurance, shall be payable to her, and for her own use, free from the claims of the representatives of her husband, or of any of his creditors. This exemption, how ever, does rmt apply when the amount of the premium paid annually exceeds three hundred dollars. The design of this law is to secure to widows some more certain provision than any which pre vious enactments had been aide to secure. The New York Commercial Advertiser commends the law highly, and says : The peculiar merit of the law just enacted is that it rescues the amount insured from the hazard of insolvency. Heretofore, the widow and chil dren of a man dying in debt might softer the bit ter disappointment of seeing the little fund which he had in this way provided for their relief, ap propriated to the payment of his creditors; hut now insurance may be effected by and for the wife, with the certainty that at the decease of her husband the sum insured will enure It) her own benefit and that of her little ones, even though all else that he has left be swallowed up in the satisfaction of claims which misfortune or impro vidence had prevented him from discharging. It is an excellent law, and the Legislature that en acted it deserves the thanks of every wife and mother. Subterranean Village.—A French paper stales that accident has just brought to light, an an. iciujsubterranean village in the commune of Herrnies. near Bapaunte. During late heavy rains, a consi erable landslip took place, leaving an im mense chasm, into which some of the young men of Herrnies, with more courage than prudence, decended by means of ladders to the depth of about 30 yards. Great was their astonishment on finding themselves in the midst of streets, bor dered by cells and chambers, which evidently had been formerly inhabited. The streets are wide enough for vehicles to pass, and the chambers ! which are of different sizes, amount, according to the exaggerated statements, perhaps ofthe explor ers, to 1,400, or 1.500. They were particularly struck by a winding staircase, which they ascen ded, and at length discoved that it reached the bot tom of the tower of the church, at Herrnies. into which they soon made a wav. In continuing the progress of their researches, the candles they had with them were extinguished, by ihe foul- j ness of the air, and were forced to ictreat. On reaching the spot where »hey descended, one of : the party were missing. His companions, though I wiliioui any fright, returned in search of him, and I discovered him fallen into a well 20 yards deep, j They succeeded in getting bim out, but with one I leg broken, and nearly suffocated. Extraordinary Manner of Manufactur ing Cloth,—A gentleman in London hasjust ob tained a patent for making the finest cloth for gentlemen’s coats, &c. without spinning, weaving, or indeed wiihout the aid of anv machinery, similar to those processes, and at a cost less than | one-fourth the present price. The most extraor- I dinary circumstance in this contrivance is, that air is the only power used in the u auufaclure of the article. The ingenious inventor places in an air-tight chamber a quantity of flocculent particles of wool, which, by means of a species of winnowing wheel, are kept flouting equally throughout the atmosphere contained therein ; on one side of the chamber is a net-work of metal of the finest manufacture, which communicates with a chamber from which the air can be abstracted by means of an exhausted syringe, commonly called an air-pump, and on the communication between the chambers being opened, the air rushes with extreme vehemence to supply the paitial vacuum in the exhausted chamber, carrying the wooliy floccular against the netting, and so inter lacing the fibres, that a cloth of beautiful fabric and close texture, is instantaneously made. For the Chronicle 4- Sentinel. r To all whom it may concern. There 'will he held on Thursday evening meeting ot the Augusta Benevolent Socie* * the Masonic Halt. Th ; An,„. crsary , changed from August to April, h w iH j 1 terming meting. The action,, exponZ',”' I and services of the Society 1. , * - ‘“Vt- last Au,r u . | will be presented to the public and every iv * k al should feel interested in it [t t i ’ n ' ,IVi,!u --* 1 the only inm* tution in this peace that has for i ts 0 , • t , ‘ deration of the contlition of i( lp CI - ’ leat,ie ' SiCli POOF nf city. But it is a lamentable f aC f t j ° Ur lively) but a small portion of on/ 1 feel interested in this work of tl i 1 ) ‘ mJUrm . v labor of love ; whereas it ought '° P ‘ V and ry individual. To the support of *** every one should give his aid, becau* are like sun beams diffusing light and ' overall, without respect of pcr.-Tons. ... oocic ty is now m a languishing state. The t, IS empty, in e number of subscribers l 9 Ve /. diminished.and it is very desirable thatihos# are in arrears should come prepared to pay their dues, and it is hoped that the majority of J, community, especially the wealthy and i n fl u J tial, will come forward to the support of this gutsiiing, but Heaven born child ot mercy jp benevolence. Let it not die. O! let it l'i Ve to bless you. It is our duty, nay. it is the of all to be engaged in this labor of love, pi low-citizens you know it is written in the bookef God, “It is more blessed to give than to receive ” ji Do not then enter the plea of hard times,scarcity of money. Ate. The times art a great Jealharo er and money a great deal scarcer with (he poo and especially the tick poor. You have enough’ and to spare. () ! spend it not in extravagance and pride. Remember there is one in Heaven who governs all the earth, and who has given to nations communities and to individuals his Jaw and with it the earth and all its fulness; and be has said to all “ occupy till I come.” And you know llieie cannot be a law without ha-.\ng pen alty attached to it. Our duty is clearly pointed out. We cannot plead ignorance, and He will no, let the guilty escape. Sins us communities or nations He v.sits with temporal calamities— So it has been Irom the beginning of time. No one at all acquainted with sacred or profane history can deny the truth of Solomon’s asser lion, that “Righteousness exalted a nation, and that sin is a reproach to any people;” and is it not a sin to withhold from the poor, aye, from the sick poor, that which the Supreme Ruler overall has put into our hands to be given to them ; and is not such withholding a reproach to*any peo ple ; Mho can doubt it 1 I should suppose nor even a sceptic with a spark of patriotism in his bosom can doubt. If, however, there should re- '| side among us such a sordid individual, I maid refer him for his doom to the first three verses of , p | the sth chapter of St. James. However, mxfel j low-citizens we hope and expect better things of ; you. r ray remember the promises left upon re cord to the liberal soul. Hear what the mouth of the Lord hath spoken ; “ Prove me here with, if I will not open you the windows of Heaven and pour you out a blessing that there shaW not be room to receive it;” and again, “Blessed is lie that considerelh the poor, the Lo r d will deli ver him in time of troub e.” Come then, ye friends of the country, ye friends of humanity, ye friends of the poor, come on Thuisday e c ning to the moi ting, and lend a helping hand to make prej aroi on for the lime of affliction. We have #0 assurance that we shall not be visited this summer with disease. Those that are able can retire. Bub fellow-citizens, what must be come of those, who have no place to retreat to» nor means for support in (he time of affliction.—. - Consider seriously, act well your part, and Hea ven’s blessings shall he yours. A. B^S. At a meeting of the Pathological 8 » defy of Philadelphia, held March, 1840, the following | resolutions were adopted ; j Resolved. That the Pathological Society have # learned with deep regret the demise ot their res peeled associate member. Dr. Joseph Parris? fa i whose philanthropy and devotion to the scieiw f |of medicine, have for so many years commanded h the high respect and regard of the members of hi* | profession, and will ever he remembered by then ; with the liveliest gratitude. Resolved, That the Society highly appreciate | the importance of the directions given by Br. Pan iso, that his body should be examined, a j believing that the example is one which is I eminently to ihe advancement of the science of medicine, and to the deepest interests of humanity. Gro. W. -<ohr Is, Secretary * Indian Superstiton.—The Indians depend much on ihcir dreams, and really believe dial they 1 dream the whole history of their future l ie- F (,r | this reason they make dreaming a kind of reli* I uious ceremony, when they come to suticient ; years, which is thus performed. Tirny besmear t ieir faces all over with black paint, and fast sf | veralnlays, in which time they expect the uoo-i j genius or propitious spirit will appear or manife j himself to them, in some shape or other, in the dreams. The effect which this long fast mu | naturally occasion in the brain ot a young pf j son, must without doubt be considerable—aridity ( parents, and other old people take care,duringtl»' 1 operation, that the dreams they have during tl* night, be faithfully leported the next mora/nf In favor to particular institutions, thev sotnrti ,ne * curtail the fast to a shorter term than is judged neccessary—that this good genius or p 0 ' pitious spirit, the subject of the persons walking thoughts becomes also the subject of his dream’ —and every phantom of their sleep is regards as a figure of tiie genius, whether it lie bird, be l " fish, tree, or any thing else, animate or minimal and is particularly respected by them all td e:: lives after. When any person of more dist in ' guished parts than ordinary rises among. suppose him naturally inspired, or actuated h' this propitious spirit, and regard and veneration for him on that acc ,u,n! ' supposing him to receive intimations nod inteih* gence from the good genius or some of its agent? By a late law in Liverpool, England* n 0 h' son is allowed to smoke a segar or pipe on ‘ a,in _ of any vessel, or near the Jocks, or in any house or other place of business; ~or carry a light into any werehouse. an an( ] closed in a secure lamp specially un tii it be the same to be locked, and rcrva'.n =' brought out of the warehouse* MAR KI ED, In Macon, on the 2d f l " ias ” to Ev«- iiU Bragg, Mr. (if.orge D* * Ol » Bullock, all of that city.