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The Daily Herald. 1 COLONEL THOMAS AND 1 HE POLICE ! OBDEKS. SATUBDAY, SEPTEMBER 27. 1873. THE HERALD Pt'BLISHIXU COMPANY ALEX. ST. CL AIR-ABRAMS. HENRY' YV. GRADY, R. A. ALSTON, Editor, and Manager* THE TERMS of the HERALD are as follow* : On yesterday we promised Col. Thomas ; that we would investigate the matter of the | charges made concerning his changes of of- ! ficers in the wards, before we would take back anything we had written on the subject, j : It will be seen that we have not wasted any , — | time in the investigation. This morning we 1 ive the substance ot interviews held with Lt. THE PAN1J. A Day of Coiarative Quiet. 6 E i SStLT. i to BoIU “ * nd Alderman Young. The facts de- jjqw/ TLjC STORM AF- 800 Dilt.Y, f Month*... 2 M [ WEEKLY, 3 Month. 60 yelcped i:i these conversations we ask the nUVV Int alunm v „,i Beme ut a FECTED THE D ^rti “m n MU .t moderate rat... Sub- voters of Atlanta to thoughtfully consider, and ■criptions and advertisement* ‘^variably in advance. I then to decide whether or not politics had ■ . :, _ tiouiTii omneHnsA 4 depositors of the bank, and completely quelled at about 10* o’clock, and Mr. Dobbins put in $10,000 of currency, and Mr. Wilson (a director) put in $8,000. The cashier inform* us that the bank closed yesterday with more currency than it had had time in two days previous. There is no sign of a run at any of the other banks, and in most of them the deposits aud draits bear the usual relation to each other. The excitement is over, and the banks will to-day commence to move the cotton and put the trade cur rents to moving again. [It was rumored late last night that there Arms in the city engaged in writing ad> for the Herald, to catch the rush of j Bank. Fsrmvillc, Virginia; Lancaster A Co , Richmom bank ke wonld pay them in notes on A. B. k C.. who were worth $500,090, which was better than the United States Government itself. [Loud applause ] Mr. Howard suggested that the committee reques hand at any | the Georgia Railroad Directors to convene and confer with them, and also that the committee prepare an ad dress to the country. The resolution was then adopted as a whole. The meeting then adjourned. More Suspensions. Washington, Sept. 26, 1H73. The Earl of Aberdeen’s Fate. HOW HE SHIPPED AS FIRST OFFICER OF THE SCHOONER HERO, AND WAS LOST AT SEA. The presence at Portland, Oregon, of the schooner Hero, recalls the familiar story which occupied the newspaper world a few years ago, ns she is the vessel from which the Earl of Aberdeen was lost while acting as her first officer. A reporter ot the Portland Bulletin called on the commander and learned Address Office HERALD PUBLISHING CO.. Drawer 23 Atlanta, Georgia. Alabama Street, near Broad. Mb. T. J. Burney is the only authorized Travelling Agent of the Hekald. Our Slate Exchanges. i something to do- with the cbaDges. There are several things to be observed. First. It will be noticed that if complaints were made of neglect of duty by police offi- : i cers, no charges were preferred against them. | Second. Every officer named was opposed ( ' to a certain candidate whose nomination Col. The Home Commercial is soliciting a more liberal Thomas favors. patronage from the merchants so as to be enabled to resume the associated press dispatches. After next Sunday the Sunday day train ui.l be dis continued on the Rome railroad. The Courier calls on the voters of It BANKS. TELEGRAPHIC AND MAIL NOTES FROM ALL QUARTERS. : once. All advices from Cherokee, Georgia, regarding the cotton crop are discouraging. The rust and caterpil- jtr together has damaged the crop materially. A Baptist seriel is the only thing in the way of amusements in Dalton this mk. The County Fair opens next week. Whitman, of the Dalton Citizen, fails to make men tion this week of any presentation of vegetables. Smith, of the Cartersville Standard and Express, seems to be reveling in good things. He save: The ture 6weet potato crop is good, that is so far a sampled it. The late crop of turnips is fine, sume there will be plenty of greens next spring. The Standard and Express opposes the taxation of dogs in the city. The caterpillars are still assisting the planters in Third. The list of changes was made by Col. Thomas himself, and the first one made a clean sweep of officers obnoxious to the can- egister \ didate referred to. Fourth. No previous City Marshal, since the war. has assumed the right to name the men and Iboir locations, that duty being performed by the lieutenants. A slight shock was produced early yesterday morn ing by the announcement that John H. James was only paying checks of $25, or under. This very soon wore off, as it was found that there was no cause for alarm, and that James had an abun dance of collateral and only needed currency. The best merchants of Atlanta, and especially the members of the Stock Exchauge, took the streets in person and Filth. The order sigued by three members of | assayed to stop the panic and quiet the disturbance. the PoliceCommittee, Lieut. Bomar distinctly ! In the meantime the merchants, just as fast as they ! charges, wa8 written by Col. Thomas! himself I in money, would deposit it in their se\eral banka. ! , - , . . ., . I At about twelve o’clock a perfect tranquility ; and earned to the members for their signa- Mr. Mecasliu refused to sign it, while have j Col. Goldsmith signed it supposing it was the pre ‘ j action of the committee ; whereas, according to Lieut. Bomar, the entire movement was got ten up by Col. Thomas himself. Kisth. A meeting of the Police Committee picking their cotton in this State, Alabama, Mississip- \ being called, three of the members—Alder- pi, Louisiana and Florida. The Calhoun Times insists that their subscribers who are in arrears, most walk up to the counter ana settle. ! j men \ouog, Langston ami McDuffie—were , not even notified to attend. They were about twelve o’clock a perfect tranquility carno over the city, and everything was quiet until dark. The prospect was mightily brightened by the statement authoritatively made about two o'clock upon the street, that the N. Y. correspondent {of the Allan, lauta National Bank had telegraphed to Gen. Austell that they had deposited $40,000 to his credit, and could depost more if necessaiy. This gave tokeu of a break ing ia the cloud, and was hailed with joy. At Jamea* Bank. The partial suspension of this gr at Banker yesterday morning, by the announcement that he could only pay trade that must come early next week. The general opinion is that the rumor is true; or if it ain’t, that it ought to be ! ] By Mail from Augusta. Shortly after nine o’clock it was rumored that the Merchants A Planters National Bank, Charles J. Jen kins, President, and J. 8. Bean, Cashier, and the Plan ters Loan k Savings Bank, Charles J. Jenkins, Presi. dent, and T. P. Beard, Cashier, had suspended. This soon proved to be correct. A rush was made on the two back?, both in the sane building, by depositors, but payment of all checks was refused. The officers assured all that the banks had much more than suffi cient assets to meet all liabilities, but there was no ready money to pay out. The suspension of the above two bauks caused an immediate run upon all the other backiug institutions in tbo city, except the Georgia Railroad Bank. Tho j checks of ovc Bank of Augusta stood tho pressure for some time, \ Trade approv and paid out to depositors daring the morning about * twenty thousand dollars. About twelve o’clock, how- 1 i ever, its cash assets being exhausted, .t was compelled ! to Euspeud payment, depositors being assured that : the suspension wa3 ONLY TEMPORARY, I And that the assets were far more thau sufficient to satisfy ail liabilties. In the afternoon a meeting of the Directors of this bank was held, at which it was resolved to issue drafts on the bank, payable at six months, to tho amount r ; Suspensions—Wooten, Webb i Co., Indiu.poll.; the particulars ot , he ati4iri and what motiye !• : OMmlle, Virginia, bulk.; Planter.- ic Commercla cou ia have induced the young and wealthy nobleman to relinquish the salons of the gay capitals of Europe for the privations and hardships of seagoing life. THE captain’s STORY. The captaiu said that when at Boston pre paring for a trip to Melbourne, and while in his cabin ono afternoon; a tall, well-dressed young man, apparently a gentleman by his manner and address, called to see him and asked if he were not going to Australia. He replied that he was. The strauger said that he desired to visit that country, and would like to secure pas sage. He was answered that the accommodations were not extensive, but there was one vacant berth, and if he would be content with it, tha*. he could have it with pleasure. He replied thar it would suit very well: that he was not very particular, as all he cared for was to reach Australia, it being his purpose to travel through that country, thence proceed to China and the Isthmus of Suez, then return to Er.- looking the vessel all over he emed to be well satisfied with her, and praised her general appearance. He then asked the captain if he did not want a first officer. The question seemed so strange, Kraus A Smith, Toledo; Bank of America, New If amp. shire. A defalcation of John J. Cohen, of Augusti, Faut, Washington k Co., Washington. The Union Nstional, Manufacturer’s National and Second National Banks of Chicago, hav* suspended. William Fisher & Sons, Baltimore, have suspended. Tuey complain of the delinquency of their customers, and request a short indulgence. At Chicago. Chicago, September 26,1873. il and Manufacturer's National banks are The Seo closed. Five National bauks have suspended. At Nashville. Nashville, September 26, The banks have suspended curreucy payment two hundred doilatt. The B the action. At Savannah. Savannah, Septcml In accordance with Commerce, the bank holding currency. At Charleston. resolution of the CYamber of : Atti re certifying checks, but with Cha os, September 26, 1873. due depositor,, in sums of five, ten. twenty, fifty and i tion,1 banks “ d olhcr s,! * te blDks P** • The Peoples Bank of 8outh Carolina, PeoDle’s Sav- it did from one apparently a cultured gentle- ings Bank of South Carolina, and the Loan and Trust man, that the latter was puzzled and eyed the Bank have suspended currency payment. The Na- other some time ere he made any reply, but , one hundred dollars. Iu case the stringency is sooner removed thau the time designated, tho drafts can a bo called in. A form of draft was prepared, and it: Chaelestion, September 26. 1872- j The Loen and Trust Company, the Peoples Bank of ! South Coroliua, and the Planters and Mechanics Bank, expected that a number will be ready for Issuing to j have suspended. These are State banks, and repre depositors on Monday. By the charter of this bank : 80nt 1088 one-fourth of the banking capital of known (at least two of them) to be opposed j chec * s of r less amount Griffin has organized a dramatic c’.nb, which will to the measure, and only by chance was the give a sexies of entertaioments immediately. Christopher, of the Fort Valley Mirror advices readers to boy a cake of Sapolio and wash themsel He holds that nncleanlinesa i-» unpardonable w soap is so cheap. fact of the meeting ascertained by Alderman Young ? With these statements before us, made by i gentlemen of responsibilty, we peremptorial- ; vas the opening feature i le upon the b Arms for Volunteer Compan: been received. Fort Valley bad received up to Tuesday 227 bales of cotton this season, aga ust 475 for the corresponding period of last year. The Savannah News sajs says it is abont time for Hooper ami Lay to fight. This is a mere morbid craving after the sensational on the part of tho Herald. Hooper Is killing Lay much more effectually with his pen than he is with his pis tol. A canister shell is not as witkerirg as Hooper’s sarcasm. We call for a continuation of the corres pondence. In conseqnence of the financial crisis we must beg , of the day. j There was no especial run ma le upon the bank dur- ing the day, and deposits largely exceeded the drafts, j but the terrible drain of the day before had to reduc- ; ed Mr. James' currency that ho determined to lu his sails a little before the etorm, the like of which the South bad never seen. We called upon Mr. James just after he had closed written. Neither do we intend to Lave any ; for the day, (at tho usual hour) and found him with ‘•trouble” with Col. Thomas. We propose to j his clerk, overlooking the rosultsof the run. He met the capital stock is liable for deposits first. Soon after the suspension of the Bank of Aug the National Exchange Bank next door was a’so Belled to of Fort Valley have ! ly decline to take back anything that we have New Okle The baukiug houses hav the movement of cotton a discuss and to criticise his official acts frank- Thc Atlanta Herald ' ly ai.d fearlessly. Ho must explain away the statements of Lieut. Bomar and Alderman Young before we can that wo have done him injustice. Against him personally we have nothing: but he is the City Marshal, and as such we are determined that, if we can pre- ent it, he shall not use bis office iu tho in- with that urbanity that is natural to him, and said: Well, I bavn't much to ray. I’m no talker. Youruay just say to my depositors for me, that I own $250,000 more than I owe, and th‘t I shall realiza as soon as acknowledge j possible and pay them dollar for dollar. I have the greatest abundance of stocks, bonds, real estate, and all sorts cf collateral, but it is impossible to get currency for anything. A man who has about $80,000 of the very best stocks deposited in my bank, came tome to day, and offered to let me take thou aud use them as correspondents to seal their letters with gumsheilac. lcregt Qf man Qr get of meQ u ig not and not with turpentine, and to prepay postage. , Th. caterpillar, are ravin* the farmer. ofStewarl I the dut >' of a P ollce ofhclal to P" 11 WIres aud county a good deal of trouble in the way of picking ! intrigue for politicians, cotton. Columbus is overrun with pxinters. A colored duel at Colnmbns was settled upon the ground by ono of the principals agreeing to treat the crowd. If the Columbus Enquirer will give cs less historv and more local news we will take pains to givs credit j have no wires to pull; we want nothing from for the same. the c jt„ government which cannot be obtain- TLe Colnmbns Son ffeys: Currency Is getting quite . _ . , . . scarce. No fear, are entertained readme the , lfely ed except by ft select acquiescence to wrong, of any of our banks. There are some orders for cotton, I We like patronage, but sooner than get it by and fifteen and a half cents are being paid for low sycophancy, and by submitting to gross and middlings and sixteen cent* for middlings. These fig- j palpable evils in OUf municipal affairs, we • are higher than the quoutions of any other lots, j abftll 8ugpen d the Hebald and seek some having paid out to depositors during the morning seventy thousand dollars. This bank, like the others, ia sound in every respect, and has the greatest suffi ciency of assets to meet all obligations as soon as the present stringency is removed. About one o’clock the banking house of J. J. Cohen A Sous suspended payment after pacing out to de- , poeltom nine thousand dollars. This house has j P 08ition ,0 fu!ly rcs,!rc enough in the best of bonds, stocks and other securi ties to pay all its liabilities three times over, but in the present stringency securities, however “gilt edged,” cannot be realized upon, there being no money, hence suspension. A run was made on the National Bank of Augusta in the morning, but it being ascertained that the Dank was promptly paying all checks, tho run ceased, and recovering himself, be demanded if Ld : get any persons to recommend him. The young man replied in a calm voice that ho did not know: but if it were actually , required that he thought he could procure ! satisfactory references. j Finally the mysterious s.»ilor signed th® ’ ship’s articles as first officer on the 14th ot >n Bank pay j annal y, giving his came as George H. Os- ger to-night j borne, and ou the 21st, one week later, tha ' vessel put to sea. The officer was found to be | equally as good a sailor as a book-keeper, so this caused the commander to take a new ; interest in him. They often chatted together r 18.3. | 0 f au evening; but in all the conversation the address gtv-. young officer proved himself to be not onlv :ng their reason for a partial surpension of currency I we J| up i u his business, but also to have been payments for thirty days, by which time they think J well read and to have SK*a much of the Charleston. ( The three National Bauks a ' all demands in full, aud claim I than yesterday. ' No excitement. No failure ad the Uni to be stroi At New Orleans. Septcml •J sugar will place th*-m in a Sterling Exchange, and tho usual source of currency at this moment is not availa ble except at ruinous rates. Heavy drafts have teen made upon them for tho usual hilances from the West WOllxl. THE DROWNING OF THE EARI.. On the morning of the 27th of January when the vessel was in about latitude 3S de grees and longitude Go degrees, they expert- aud East, and they have no prospects of their drafts j ence d the dying force of a storm. The wind for curreucy being honored, drafts under one hundred di The banks will pa; New York Seeding out Currency. per. I declined, for I have plenty of my heavier depositors Y j was blowing a stiff gale aud the sea was run- ■ nieg heavily, which caused the ship to toss a good deal. At 4 a. m. the first officer went on deck, i.s j the watch of the former was between that hour * J and 8 a. m. As soon as he reached the deck father, so he ■\Vith regard to the gentlemen who signed | the order for the changes, we call upon them ! for an explanation, which they owe to the : public. We have written bluntly and frankly. We New York, September 26, 1873. The Suu says Adams’ Express Company has ca presented. Mr. W. E. Jackson, the . ried daily to the interior $1,500,000. The United | he saw the condition of the drawing interest on their de- : P reBi(lBnt of tho baak, states that he will pay out to States Express Company has I 1 depositors as long as there is a dollar left, and feels j a half s million dollars daily. Twenty-four hours’ notice is to be given before tock exchange opens. York, September 26, 1S73. posites. Of course , I couldn’t let those deposits lie Idle in my vault, while the interest was eating me up. But I *ay this, that every dollar of money belonging to depositors tbit I lent out | ri * ht ’ P 1 ' 1 * * 1! chcc ‘“ Panted, and will continue to satbfied that the bank will be fully able to bridge over j the crisis. The Commercial Insurance Bank stood all is secured by the very amplest and safest of collaterals, taken by me when I lent the money. The discounts and notes on which this mon ey w as lent are maturing every day, and I will soon be ablo to resume full payment. Every dollar of real es tate I have will go if necessary.” You will allow me to say, Mr. James, that the pe->- to-day. It will not suspend. Mr. G. P. Curry, I banker, also paid all demands by depositors yesterday. ! A run was made on the Freedman’s Savings Bank between twelve and two o’clock, and twenty-eight i hundred dollars iD all paid out to depositor*. After j the latter hour, however, the Advisory committee ' met and concluded that if the run continued they pie, without exception, retain absolute and perfect ! m hJkt have to racrifico t nited States bonds, and and your ability to pay promptly therefore determined to enforce the ying out about j gave orders to shorten sail, and lent a ban l j himself to see that it was done promptly, j While lowering the mansail he came near the boom, and that being swung rapidly it struck ^ -him, and at the same time he was caught by The titu.tion in Wail street thu^moming iroT-’nt, ; main peak downhau! and thrown over- no new featuies, and Ik i state of suspense. F< sineS3 generally continues in :h»uge has boon i other business. There are serious evils ai rier town. Hardly anything ia being done in the sta ple, as fanners decline selling. None cf the North- ( ern correspondent, of any of our bucks h»v. failed, : tendant upon our municipal nominations, and and our institutions sr. reguded u perfectly safe. i we wage war against them in the interest of JUnsy is expwtled to be vsry tight f»r a while. The ] merchant, the mechanic and tho profes- bauks won't take th. beet paper, at least those of Sa- j sjonal maQ a]jke vaanah will not. Credit for s time will be at low ebb, | and every greenbsck will be kept by those who have them—thus withdrawing so much money from circu lation. We know one instance in which a Northern mer chant telegraphed bis Columbus debtor to send him J — — 4 . . ,— greenbacks bj express in payment of notes for goods, j and ,ht> 0ther gentlemen who took part in the <IUTK COMPLIMENTARY. If Messrs. Daniel Pittman, O. H. Jones, Peter Lynch, Lewis Abbott, W. J. Garrett, He wanted no exchange. meeting of the Second Ward Democracy have I not read the following sentences, taken from the other city paper, we desire to call their j attention to it. It is with gennine grief we publish else- “The talk about putting only financiers in where a report of the suspension of a 1 oar ^-ity Council is Donsense. We want good MU. JOHN H. JAMES. confidence in yo and felly.” ™ys’ *OTlCE “Yes, sir; I have hacl the tears of joy and prido allowed by the charter. A notice to depositors to that forced into my eyes a doz-m times to-day by offers effect will be found in our advertisiug columns. The from men of all classes and conditions, aud from I bank is perfectly solvent. whom I had no right to expect anything. I will just explain to you why I pay checks of $25 No run was made on the Georgia Railroad Bank, and the few checks which were presented, were under. It is because my depositors are many of them ; promptly paid. It will meet all demands Of its depoi- men and women of Bmall means, who need their mo- itors. ney. That class I propose to holp by such s course as this. Here the reporter retired and left Mr. James to ar range his matters for the coming day. We find by the tax books that Mr. James pays taxes upon $225,000 of real estate. This enormous amount of property (near, ly double what is due to depositors) is held as a reserve to be used in case the assets of the bank don’t pay out the depositors. The Merchants <k Planters National Bank and the Planters Loan k Savings Bank give notice that deposi tors can obtain the bost of bonds and securities in ex change for certificates of deposit properly certified. Thus a depositor will receive a United States or State of Georgia bond, or other equally valuable security, by the presentation of a certified check for the amount of the market value of such bond or security. Nothing could be fsiror thau this, and it demonstrates most At about six o'clock Mr. James sent us the following ^ satisfactorily that both banks are amply able to card, which we present to the careful attention of the ! meet all their liabilities. Gold has been strong with more activity; sales at 12 V money \ to Western Union 55 to 57. Several parties are short of gold and refuse to pay one-half per cent for borrowing, consequently there is s hitch in clearances of gold at the gold exchange bank. The Police and the Brokers. New York, September 26. 18 . J. The scene on Wall street to-day was much less ex cited. The crowd of brokets who have hitherto blocked up Broad street in front of the Stock Ex change, was much less this morning, owing to the ac tion of the Captain of Police, who directed bis men to disperse all groups which threatened to interfere wtth the sidewalk traffic. The brokers w< forced into the roed, but they fared board on the port side, between ihe main and i mizzen masts. It is not positively known rI that he was struck as described, but it is so duced by bankers to «*. to 6', for long and short . , e k ’ . ... | interred from his conduct in the water. sterling, with actual business as low as 4>j and .*)». ' He had scarcely gone over the railing ere the watch shouted, “Man oveiboard!” This cry caused the captain to rush on deck, - d seeing the officer but a little distance fromjlj vessel, he threw him a rope and told hj seiz^ ’*. To this there was no respou the captain, supposing him to be injured?* ordered the headway ol the vessel to br- stopped, and then threw out planks, a hatch and some fenders, and told him again to seize one of them. He was then lying almost flat on the water, and had he made any fair share of exertion he could have caught some of the materials thrown to him; but not doing thi^ is why the captain thinks he was injured ere by this means , b e j n g taken overboard, As the sea was runn- better, as the ; j D g high at the time it commenced to heave the banker like John H. James. That there would be a serious run on his bank nobody imagined until Thursday last. His great wealth and large landed property in our midst were assurances to every depositor that their money was perfectly safe. Mr. James had taken every precaution to provide for a run by his ordinary depositors. But he could not prepare^ to meet a run from all his depositors. There were parties who had left large sums of money with him which he paid interest on, and of course, this money had been invested and the securities men, whether they be merchants, bankers l mechanics, or men engaged in other profes sions or occupations. ” If the gentlemen named above relish to be told that what they talk about is “non sense, ” we suppose it is all right. We did not understand that they demanded none but financiers, but that they desired men nomi nated and elected who have some knowledge of finance and are capable of governing the city. The humblest mechanic in Atlanta, who was never worth fifty dollars at any one time in his life, may know more about the financial management of the city than many public: A CARD. Owing to the uuexaoipled panic t In accordance with the notice a monster meeting ' I of business men of the city was held at the Exchange r convulsing the a t the hour designated. Every mercantile interest iu ! police ordered the trucks to be driven through the ; vessel rapidly forward. The diowning crowd, and so compelled the brokers to scatter iu all j man who seemed entirely at the mercy of the directioni. The general feeling among the brokers j waves, seeing this, snooted “Captain, can't appear to be more hopeful than on the previous days, yon save me ? X)o try and save me; get out though there are of course many who persist in re- the boat." He was told to seize hold of either garding the situation in tho blandest aspect. There j one of the planks thrown him. and that the ■ - — j boat would pat out to his aid: but in lowering j the boat it was badly smashed, as the ship was pitching heavily. Finding that the boat , wild excitement in the Gold Room to-day. llailroad Works Stopped. obtained for it could not be immediately con- men who are directors of banks and are worth verte l into currency. A general run from all | thousands of dollars, classes of depositors, such as would have cans, d any bank in the country to suspend, forced Mr. Janies to adopt the only course left him under the circumstances. To say that Mr. James is amply able to pay every dollar he owes is to indulge iu language wholly unnecessary. With land and thoroughly good securities, worth three times the amount of his liabilities, and with his high character and sterling integrity, not a man to whom he owes money need feel the | faintest apprehension of loss. That the mer- i cantile community place the fullest confi- j deuce in him was demonstrated on yesterday by the handsome manner in which they con tinued to deposit with him aud by a number ol merchants, who had always deposited in other banks opening accounts with him. It is, of course, natural for a man like Mr. James to feel mortified that he should be em barrassed by men who should have placed the utmost faith in him. But bo possesses the confidence of the community still, and that is worth having. In his misfortune, the merchant, the manufacturer and,in fine, the great majority of people who know him, his resources and his untarnished honesty, will remember only that his embarrassment resulted from a great panic in which some of the strongest banking houses of the country went down. OF COURSE SOT. The other paper says that it shall not coun tenance in any shape a squinting toward ‘■independentisin." Who the deace ever sap- posed it would. If in its prime and vigor it was incapable of giving expression to sn inde pendent thought, or of assuming an inde pendent position, docs any body imagine it would do either in its old age and decline? Ho!. Likes barnscle at the bottom of a ship, it clings to (here the metaphor is a little mixed), party, patronage, and pap. Th9 first stirring event of the diy—sweet ening one's coffee. In this city the financial panic seems to have practically terminated. The pi-ompt and energetic action of the Board of Exchange has restored confidence and we have no idea that there will be any iurther trouble with our baDks. Elsewhere the financial tidal wave has done some damage, carrying with it some of the banks and bankers, but we are perfect- i ly satisfied that the worst is past. Already we have news that large sums of money are on their way to the South, while heavy shipments of specie from Europe are reported. It is, therefore, evident that the financial stringency existing here must termi nate in a few days. Wo confidently expect money to be abundant in our midst within the next two weeks. “Cotton is King," and the good old mon arch will assert his power in spite of all that Wall street speculators may do. With us it is merely a question of a few days. The worst frightened of to-day will be the most astonish ed at hia haring been scared ten days hence. We are assured that the check for $4,525, drawn by ex-Govemor Brown on the Dollar Sannga Bank, was to pay a draft from New York held by the bonk, and that the money was not taken out at all. It is also stated that he is not now a director of the bank. If that is the case, we cannot say that he is to blame, and the rumors have done him injust ice. These statements we take pleasure in giving to the psblic. The autocrat of the State road has enough gins to answor for, without saddling upon him those of which he is not gnilty. From nil quarters come expressions of sym pathy Tor and confidence in Mr. Jamee. The manner in which a large number of our lead ing merchants base come forward and pledged their property to the payment of his creditors is a magnificent tribute to bis character, und it is so well and so heartily deserved that it whs almost due him. financial interests of tha wholo country, disturbing 1 tb e C1 ty was fully represented, confidence and arresting all tno machinery of trade. : on motion, Mr. Herring waa requested to set as and this at a moment when the ataple product of our j chairman. country is ready for movement, hut etayed for the : Maj. Geo. T. Jar-keen suggested that tlie committee want of tbo usual moneyed facilities, I find myself have uerence with tbe Georgia Railroad Company compelled to suspend temporarily tbe payment of do- , as being the representative of tbe largest amount of positors with my banking house. For their assurance capital—intrinsic value—in the city, with a view or I have to say, that my assets are of the best character, submitting to the meeting both as to the commercial paper now daily maturing, j preseut monetary crisis, and to city realty and good stocks and bonds. I have J the road, he throw assets more than double tbe amount of my liabilities. The Tredegar Iron Works discharged about hundred of the employees engaged in car building. Tho English Feeling. London, September 26,1873. At foar o'clcck American securities excited. Large business, wide fluctuations aud much uneasiness. Later—American 89curitiea fist and declined heavily. At Columbia. Columbia, 8. C., September 26, 1873. Th»re ia no run on the banks. Notwitbstandiug the excitement elsewhere, cotton is beiDg disposed of At Mobile, Ala. Mobile, September 26, 1873. The National Park Bank of New York will pay all n Howes plan for alleviating the Alihough a director in out tho suggestion ithout any authority from the Board and I only need reasonable time to collect my matur- j and simply upon his own authority. With the present j readily ing paper from the mererntile community, and to ; troubles, only one National Bank in the city paying, realize on valuable securities. I ask this indulgence ' l»c believed they must look outside for assistance. He j with confidence, and pledge to my depositors every | believed that if the committee met the Directors of dollar of my properties, both real and personal, for j the Georgia Railroad, something could be doue. He j checks drawu by the Mobile Savings Bank their security, aud with the honest assurance that I [ threw out these suggestions that Augusta might organ- j & Macey, of New York possible, apply the proceeds of all I foe some scheme whereby the mercantile community might be relieved from the present dilemma. Mr. Roland’s resolution was then reduced to writing, as follows : Resolved, That the meeting appoint a committee of ten to confer with the authorities of the Georgia Rail road and the other banking institutions of the city, with a view of devising means of alleviating tbe finan cial pressure that Is now upon the country, and to re port the result of the conference on to-morrow, at 12 o'clock, at this place—said committee to be appointco from the various commercial interests of the city; committee to be appointed by tbe President. ^ ^ Mr. DeC'ottes said before the question was put he j lution*. view of ' woulti like to fctate the Ifi rcclor ® of the Bank of J T *° ' will, as rapidly my collections and rales to the payment of their counts. John H. Jambs. Sept. 27. 1873. At about 9 o’clock at night, Mr. J. W. English handed us the following paper which a lew business men of Atlanta who had happened to be together:There is no doubt but that one million of dollars worth of Atlanta's best propety could be if lt waa desired, placed to-day as endorsement upon a paper pledging the payment of every dollar of James' liabilities; such is the unshakable confidence the people have in this man. He will go to work speedily, and commence business again. Atlanta! Ga , September 26.1873. We, tbe undersigned citizens of Atlanta, in the present condition of the monetary affiira, aud to show our confidence in the solvency and reliability of John H. James, banker, without any solicitation from him, agree to guarantee the ultimate payment by him to his depositors, to the amount herewith placed oppo site our several names: Thomas Alexandor $50,030 J W English 10,000 8 M Inman 10,000 Alfred Austel 10,000 Lowe, Douglas k Dallas 10,000 Jones & Beatie 10,000 W J Garrett 10,000 George W Adeir 10.000 AGfcBF Wyly 10.000 Chamberlain. Boynton A Co 10,000 P A G T Dodd 10.000 J R Wallses 5.000 W A Hsmhlll A Co 5,000 AC the Freed maw's Having* Hank. Tbe meeting of the depositors of this bank, and tbe well-conceived and well-deliversd address of Mr. Corey bad a capital effect upon the mors intelligent class of the depositors. Mr. Corey opened tbe batik yesterday with Ibe determination to enforce the “thir ty daya notice” rulo. which hia charter entitles him t). He found that some of the negroes were disposed to be naruly about this, and threatened to “tear his j Two d—d bank down if he didn't huatle out their money.” With admirable firmness and courage lie repelled the savage mob cf fools, aud held his own. By 11 o’clock the good effects of hit speech the uight before began to b* felt, and deposits poured in. On* negro deposited $850, and Mr. Corey Is bet ter “heeled” this morning than ho was yesterrfay morning. From 11 o’clock till 3 all was quiet, aud tbe run may be consid red over. At the Other Hunk*. Richmond, September 26, 1873. i could not be used, the vessel was hove too in j hopes that tne lost mau had been fortunat - enough iu securing some of the material thrown to him, as any one piece of planking was buoyant enough to bear his weight, and that he could be picked up at daylight. After beating about in that vicinity for focr hours, and not finding any trace of his officer, the captaiu assumed his voyage, sincerely la menting the loss of one whom he Lad learned to admire. THE SEARCH FOR THE MISSING NOBLEMAN. When the legal adviser of the old Earl of Aberdeen arrived in Boston, be said the ODe he sought bad shipped as nbove stated, and he was preparing to go to Hong Kong to meet the vessel when he heard that she was on the way home. To be sure that the man signing his name as George H. Osborne, und acting as an offi cer in an American schooner, was George Hampton Gordon, heir to the earldom ol Aberdeen, the lawyer sent there from Eng land called for all the papers and letters be longing to the deceased. These readily proved who he was; but it was rendered more cer tain by a tin-type which he had taken in Bos ton in 18C0, and which was found among his clothes. The facts sought having been elicit ed, the envoys returned home, and the younger brother succeeded to the titles and estates of the deceased. At Montgomery. Montgomery, Septembe r 26,1873. At a Urge m- eting of tbe merchants to-day it was resolved to pay all maturing obligations as promptly as tbe deraDged financial situation would permit, and tbe banks and bankers holding paper were requested to obtain extension if it should become necessary, and a similar request is made of all parties abroad who hold their paper. A resolution of full faith and con fidence in the local banks and institutions were adopted Cotton has been coming in freely, but not a bale was sold for waut of currency, and hence these reso- 9 of je’.low fever, but t Augusta had resolved to issue drafts on the bank, at six month’s time, to the amount of deposits, in sums of five, ten, twenty, fifty, and one hundred dollars. Mej. Jackson said this was a great question aud he bopeJl all would exprefre their opinions upon it. They were iu a dilemma of serious import. He wanted to see Augusta corns out a bead and shoulders above all. The Chair laid the debate must be confined to the resolution. Ou motion of Mai. Jackson the debate on the reso lution was suspended and tbe discussion opened to any subject. Maj. West said that the banks bad ample assets to meet all their liabilities. Mr. T. P. Branch said that as the representative of bis house, l e reprobated over $400,000 of hard earned capital. Branch, Sons A Co would pay every dollar they ; America, already reported, are not made. In conae- ! owed if they had to sell all their assets at twen- j quence of the low nominal rate of exchange, but to Qrr OF Health. -Iu this common e*pr*8- ty-flve cents in the dollar. All the complexity arose i dabilialiee bank-rs hero incurred before the , R j OQ j s comprehended an immense amount of from the want of a medium of exchange. The first ! hnsneial troubles to New York began, thing he wished to do was to relieve the depositors. After that wss done, 4be banks would be free to use tbe money. Tbe obligations of the city, at the Jay Cooke’s Liabilities. Philadelphia, September 26. 1873. v '. it i» nis-ie of the assets and liabilities of Jay A Co., of Philadelphia, New York, acd Washington, placing their lisbilties slightly over seven millions nine hundred thousand dollars assets, inc'.u ling bills receivable, bank stock, bonds and real estate. The loans to tbe Northern Pacific Railroad Company t-how a bslance of nearly sixteen million dollars, half of which appears to b# Northern Pacific stock. ENGLAND. The young nobleman who had the courage ' to try to rise by his own »xert ons in life was cases for four the second son of the Earl of Aberdeen, aud i on the death of bis father was to btcouie the owner of one of the finest estates in Scotland, as his eldest brother had killed himself while out huntiug. He had come to the United States, hired out as a common sailor, made severar voyages iu this capacity, tese to the r.ink of second mate ol a laige >hip, and sub sequently became master of a vessel, aud by his own unaided abilities, too, as he aassrted that a man could rise by merit, without kid of rank. He was master of ibe schooner Walter, ruuning between Portland, Me., and Georgetown, D. C., and tor several moBtbs made the former place his home, and wat also a member of a Masonic lodge there. When he shipped on the Hero he had a master s cartifieate, which was procured iu New York London, September 26. it is believed tbat the heavy shipments of gold to 1 after a protracted examination. j bodily and mental nnffering. It is not neees- oIUeioD occurred near Ccollstby. Several killed sary to be effected with positive disease in j order to experience unutterable wretchedness. A persou out of health is weak, langtMhJol London, September 26, 1873. > lor October Handicap took plaoa at NV u, do not exceed two millions of dollars. Market to-day, and wss won by Tlcbborne, Lord Gough j spirited, incapable of much exertion, ner- received enough j second, and Lemonade colt third. Sixteen started. j irritable, and as frecstUve to evory Ssluitiuo Oloztgs. the well-known Spanish States j change of temperature as tho niercary in a ntn i*dead. ! thermometer. What such a persou requires I is invigomtion, and Hostetler's Stomach Bit ters will supply it No'ne-d ot applying to u physician in such a case. The fee would be thrown away. At the nearest drag ntore may Tempi*. 1 l )e the most efficient and htulthfal vegv- flrius he could cotton to pay off the whole of that, not in gieenltacks, but in gold. But what they wsiitel now was, a medium of exchange. Ho propoecs to go to the Georgia Raitroal Company and get it to issue certificates to the amount of the deposits of the hauk, and depoalt good collateral therefor. He proposed alaa that an amount of cotton lu* placed iu the hauda of the Georgia Uiilroad, aud that corporations i?sue cer- t incite* to tbe amount of that cotton PENNSYLVANIA. Pmiladelvhia. September 20, 1873. The Banking and Trm-t Company have nobly weith- at eroci the slotm Th* ion of the day before «•« | in a started wtth deajwrde fl-r enees on ye*terday morn- win •n cents per pound. There was no use enticing p operty. Tho depositors didn’t really ; iheir money. They only wantcJ it because they rallying of tlio merchant though*. th*-y couldn’t get it. If they Over $0,011) reopto in Broad street. A beautiful day. ! ioble tonic that the WOlld contui s. Tventy- ) five year*’ experience has «Hf»bk*bed the fact . , .. .. .. i that among all the Ht< iuAchics aud alteratives Tha auVct ot animation »as diaeusaod .0 known to 8 pb . rmarv „ us po,,^, ‘he to»n hall of* yillaBe in M.me Ust week, ' re4tor », ive 8tamlli „u, lrrlm ./ iL bed when the pimcip.l epeecb of the evening i Every bot ,| e 0 , , r „ more blessings than tli- r pimcipil speech ot the evening, 111a le by uu eminent judge, waa preceded by u horns from a company of cluldreu. 1 doin'*