Newspaper Page Text
BOUGH TON, NISBET&BARNES,
publishers and Proprietors.
, b , 0 n. o s"«"’ i E
TJK K M ».
the federal union,
■ 5 paMisked Weekly, in ftfilLdgetilk, Ga., Corner
of Hancock and Wilkinson His., (opposite
Court Howe.)
at $2 a year in advance,
(I'slkss is Advance, $3 Per Annum.)
lUTEH OF ADVEKTIMXU,
Per square of Itetlec lines.
, i,insertion $1 00, and Fifty Cents for each sub-
squent continuance.
■j l,sent without a specification of the number
„f insertions, will be published till forbid, and
charged accordingly.
5 ,<iaess or Professional Cards, per year, where
they do not exceed Six Lines. - - $io 00
liberal contract trill be made trilh those trho Irish to
" Advertise by the year, occupying n spoiled spare.
LEGAL ADVERTISEMENTS.
Sales ef Land and Negroes, by Administrators,
five,ilors or Guardians, are required by law to be
|, fl ,.n the First Tuesday in the month, between
tii,, hours of 1 a iii the forenoon and :> in the after-
nan, at the Court House in the County in which
tli • property is situated.
Notice of these sales must be given in a public
gazette 1 » days previous to tbe day of sale.
Not 1 ccs tor the sale of personal property must lie
given in like manner 10 days previous to sale dayJ
N'otic "S to the debtors and creditors of an estate
mast also be published *10 days.
Notice that application will be made to the Court
of (Irdinary for leave to sell Laud or Negroes, must
be published for tiv.o months.
i nations for letters of Administration, Gnardian-
*hip, A.C., must be published 39 days—for dismis-
<iou from Administration, monthly sir months—for
d.- nission from Guardianship, 40 days.
Rules for foreclosure of Mortgage must be ptib-
idied monthly forfour months—for establishing lost
japers, for the full spare of three months—for com
piling titles from Executors or Administrators, |
where bond has been given by the deceased, the
full space of three months.
Publications will always be continued according
t, these, the legal requirements, unless otherwise
ordered, at the following
RATES!
Citations on letters of Administration, A c. $2 7f>
“ “ dismissory from Adinr’on. 4 50
“ “ “ Guardianship 3 00
L ave to sell Land or Negroes 4 00
Notice to debtors and creditors 3 00
Sales of persponal property, ten days. 1 sqr. 1 50
gale of land or negroes by Executors, pr. sqr. 5 00
F.stravs, two weeks 1 50
For a man advertising his wife (in advance) 5 00
VOLUME XXIX/1
MILLEDGEVILLE, GEORGIA, TUESDAY, NOVEMBER!), 1858.
[NU3
UMBER 24.
NEW CARPET STORE.
J* C*. Haiiic A: Hrotlicr
205, Broad Street; Augnsta. Gn., anil
iAllBS Q. UXllilE.
234 Kirg Street, Charleston, 8. C.
Importers, Jobbers, and Dealers in all
kinds of
<0AUt3*atrisms <
MSBAXIOH eASriElfS,
IHliiiffii
Tapestry CARPETING) Imperial and Three-ply CAR
PETING; Super and Stpertine CARPETING;
Wool, Dutch and Hemp CARPETING; Cotton
Chain and Wool filling CARPETING;
1 English and Amerean VENETIANS, for Church Aisles,
Entries and Stairs; Stair CARPETS, and
Stair ROCS;
FLOOR OIL CLOTHS,
Prom three to Twenty-four Feet Wide, thoroughly
Seasoned, for BOOMS and KNTKIES;
iitartlj t uqs, poor Hints, tft.;
6-4, 12-4 and 16-4. DRUGGETS, Kelt DRUGGETS,
ami Crumb CLOTHS;
White and Red Cheeked Mattings.
ALSO. A FI LL SI PPLV OF
Window shades <fc Trimmings.
CITATIONS.
GEORGIA, Jasper county.
"IR^HEREAS, Mrs Lana YVammuck, applies to
t J me for letters of administration on the estate
of James YVammuck, late of su’d county, dec’d.
These arc therefore to cite and admonish, all per
sons interested, to be at my office, on the first
Monday in December next, and show cause, if any,
why letters should not be granted the applicant.
Given under my hand at office, this October 25ili
1858.
23 5t. P. P. LOVE JOY, Ord’y.
BIRYE.K & t'AJIPBEM,,
Auctioneers and Purchasing Agents,
Atlanta. Ga.
(Successors to Tlio’s. F. Lowe.)
Auction Rooms at Norcross’ Corner!
NAI.ES every etexixo.
{^GEORGIA, Jasper county.
VVIHEREAS, Jarrett B. Kelly, and Beverely
if A. Kelly, applies to me for letters of ad
ministration on the estate of Allen Kelly, late of
said county, deceased.
These are therefore to cite and admonish, all
persons interested, to be at my office, on tbe first
Monday in December next, and show* cause, if any,
why letters should not be granted the applicants.
• liven under my baud at office, this October 25th
1858.
23 5t. P. P. LOVE JOY, Ord’y.
GENERAL ADVERTISED ENTS.
3VOTICS
[ Y wife (Harriet Rousseau) has left me
We beg to inform our friends, anil the public gene
rally, that we have opened a CARPET STORE, in
Augusta, Ga., in connection with our Charleston
House, where we will keep a full and fresh sleek of all
the above GOODS, and which we will sell ns low ns
the same grade of Goods can be purchased in New
York, or elsewhere.
^-ST All purchasers wishing CARPETS, made up,
fitted and put down, or OIL CLOTHS nnd MATTINGS,
laid, can nave it properly attended to, as we keep in
our employ, thorough and experienced Carpet Uplml-
I sterers.
JAIflES Cl. K All. IE,
234 King Street, Charleston, S. C.
J. <4. KA1I.IE A BROT11EK,
205 Broad Street, Augusta, Ga.
Augusta, October ISth, 1858. 21 3t*.
without
31 any cause, 1 therefore forwar
trading with her, for 1 will new
f„r any debts slie may make after this, and 1 also for*
warn all persons of harboring her.
Thomas Rousseau.
September 21st, 1858. 12 *31 •
A COUNTRY SCHOOL.
WM.W. TURNER,
FOR SALE.
Street.
Apply to
June 21st 1858.
E J WHITE.
5 tf.
POSE OFFICE. I
Miiaedgevili.e, Ga.. Sept. 1st. 1~'58. j
I jJROM and after to-day the Macon, Savannah
and Augusta Mails will be closed at 9 o'clock
P M. The Eatonton Mail, at 12 M. The Double
Wells Mail, at 9 o’clock. P. M.
E. S. CANDLER, P. M.
Ssptemner 21, 1058. 17 tf.
GENERAL AGENCY^
AT MILLEDGEVILLE, GEORGIA.
Vf G. Barrett, Gem ml Agent
i. i • for tbe transaction of any and
all business at the Seat of Government.
Charges reasonable. *
Jan. 1, ia5H.32 ly
RABUN 3o SMITH.
COMMISSION MERCHANTS.
for the year 1859, will be better prepared tliun
ever before to accommodate pupils.
The Female Deparimcul, under a Female
A HOUSE AND LOT, on Jefferson j Teacher, ininn excellent building, entirely removed from
that occupied by the males, will afford facilities for
learning tbe usual English Branches, French and
Music.
Thoroughness of Instruction, characterizes
our system. We totally discard the too common prac
tice of pushing pupils through a great many books,
when they understand none of them.
The Coarse of s»tudj* commences with the Eng
lish Alphabet, and stops only at the highest academical
finish.
strict Discipline is maintained, but abundance
of innocent and healthful recreation is allowed.
Freedom from the Temptations by which
boys are surrounded in villages, as well as other advan
tages, peculiar to Country Schools, have become so
well known, that they require no comment.
The I.oration, 9 miles enst of Eatonton, is per
fectly healthy—in a moral and intelligent neighborhood
—convenient to two Churches.
The Rates of Tuition nre sixteen, twenty,
twenty-four, and twenty-eight dollars; payable at the
end of each term—no pupil admitted for less than one
j Term.
Ronrd nt Cheap Rates, can be had very near
the School, in well regulated families.
| We otter Education as the merchant does liis
calicoe: If the purchaser eau get a good article from us
on reasonable terms, let him buy, if not, let him try
elsewhere.
The First Term, for 1S39, will commence on
the 2nd Monday in January.
We refer parents and guardians toNVm. E. Wilson,
E. L. Terrell, R. R. DeJarnette, James C. Denham,
Caleb Spivey, Bradly Slaughter, J. A. Turner.
For Full particulars, address,
NVm. NV. TURNER, Principal,
Tin n a util, r utiirtiu euuniv. tia.
October 12th, 1858. 21 lilt.
SAVANNAH GA.
W ILL GIVE STRICT ATTENTION to the
sale of Cotton, and otliei Produce, Consigned
to them. Orders for Baggings, Ropes, and other
Family Supplies, will be filled at the I cn*cat pricoe
J W. RABUN.
NV. II. SMITH.
July 20th, 1853. *d 4m.
TIMBER CUTTER'S RANK.
On
Exchange at Sight,
NEW YORK.
LONDON.
PARIS.
FRANKFORT, On the Main.
IlANBlKd.
BERLIN.
BREMEN, Ac.
FOR SALE at this Bank in sums to suit Purchasers.
J. S. HUTTON, Cashier.
Savannah, September 6tli, 1858. 16 6ms.
GRANITE HALL,
OPPOSITE THE LAMER HOUSE,
B.~3F.’BENSi 9
(Late of the Floyd House.)
2 lv. PROPRIETOR.
A NEW STOCK OF GOODS
(at S. B. Brown’s Old Stand.)
Saddles, Harness. Boots & Shoes &
LEATHER STORK.
[NextDoor to CONN’S FANCY Store.]
THE subscriber lias just received from New
York, a choice selection of
ff.ndiCM* ami l.’enr Icmcii*’ Satl.ll.-N,
Saddlery, Bridles, Carpet Hags, Saddle Jlags, Whips
Spurs, Harness and Sole [.rather, Sid and Cat)
Skins, Lace Leather, Hand Leather, Jyr. Sf''.
Also Men's Double Sole Russet Ilrogan Shoes.
FTP Saddles and Harness manufactured and re
paired on short notice.
VW Also Boots and Shoes, manufactured and
repaired to order, with neatness and dispatch.
l~tP* The Boot ami Shoe department will be under
the direction of an experienced workman.
CALVIN C. CARR.
Milledgeville. October 11. 1058. 20 tf
A CARD.
WELMAH
JOY.SIX TING CU. VIST 4Y1> AYJLYST.
THE subscriber having changed his place of resi
dence, can lie found hereafter nt Milledgeville, Ga.,
where he will give his attention to practical Chemistry
as formerly.
Druggists, .Vincis and Agriculturists, who manipu
late for themselves can be supplied with pure chemicals
and re-agents bv mail or express.
Milledgeville, October 18, 1S5H. 21 tf.
LAFAYETTE HALL.
*T*HE undersigned begs leave to inform
I his friends and the public generally, ***
that be has leased the Lafayette Hall for a term of
yours, and will open it. for the reception of transient
i " iipimv and regular boarders, on the 1st day of Jnnu-
ary next, and respectfully solicits a share of patronage,
lie will endeavor to give satisfaction to all who may
call on him, and ids charges shall lx* moderate.
E. S. CANDLER.
Milledgeville, Dec. 2Cth, 1857. 32 ly
Medical Notice.
D R. M. J. LAWRENCE, (late of Eatonton) has
located himself permanently in Milledgeville,
and tenders his professional service to the citizens,
and to the surrouuding country.
Calls at all hours of the night or day will re-
c ivc prompt attontiou, when not professionally
ngaged. Office in Dr. Forts building over the
drug store of Messrs. Grieve and Clark.
Residence, the house lately occupied by Mrs
Walker.
Milledgeville Jan. 15,1S58. 34 ly
PAPER
t: OIIIIISSIOJX WAKE HOUSE,
AND
PRINTERS’ DEPOT,
For the sale of
(Minting, printing, (fnklopc anb
COLORED PAPERS, CARDS,
PRINTING- MATERIALS
Agent for
L. JOHNSON & CO., Type Founders,
R. HOE & CO.,
And other Triiiting Press makers.
PRINT! Y <> INKS, of BEST <{ l K 1.1 T Y,
at Manufacturer’s Prices,
TOMEUCIIANTS.
The Subscriber begs to call attention to his
Large Stock of
Writing and Wrapping Paper
of all kinds, which ho will sell very low for cash, or
short credit on large sums
JOSEPH WALKER,
1-iO Meeting Fbarlraton, S. C.
Charleston S.C.,Oet. 4th 1858. 396m.
SWAN AND CO'S., LOTTERIES
TRIUMPHANT.
The following Scheme will be drawn by S.
Swan &. Co., Managers of tbe Sparta A<*;ul-
emy Lottery, in each ot their single number Lotter
ies for NOVEMBER 1858, at AUGUSTA, Ga., in
public, under the superintendence of Commission
ers.
Class 40 Dratrs Saturday, November 6, 1858.
Class 41 Dentes Saturday, Forcmber 13, 1858.
Class 42 Drairs Saturday, Sovtmbcr 20, 1*858.
Class 43 Draies Saturday, Forentbcr 27, 1858.
On the plan of Single Numbers. 50,000 Tick
ets ! Five thousand four bundled and eighty-
five prizes. Nearly one prize to every nine tick
ets.
MAGNIFICENT SCHEME’
To be Drawn each Sati kdai in OCTOBER!
1 Prize of
1 “
1 “
1 “
1 “
I “
§70,<;00
30.000
10.000
5.000
4.000
3.000
1,500
1.000
4
4
4
4
50
50
I*.n
230
900
800
700
r.no
500
300
125
100
APPROXIMATION PRIZES.
4
300
30,000
1,200
4
200 “
10,000
* 800
4 “
125 “
5,000
“ 50(1
4
100 “
4,000
“ 400
4 “
75 “
3,000
“ 300
4
5,000
50 “
20 are
1,5U0
“ 200
100,000
5,485 Prizes amounting to
$320,000
WHOLE TICKETS $10. HALVES $5, QUARTERS $2].
rW A Circular allowing the plan of the
I.ollericK will be sent to any one desirous of
receiving it.
$80
40
20
10
Votice.
T WO Months after date application will be made
to the Court of Ordinary of Baldwin county
for leave to sell two of the negroes uf the estate
of Lewis Bagly, deceased. For the benefit of
creditors.
S.iKAH JANE BAGLY, Adm’x.
September 27th, ] 850. 19
Certificates of Packages will be sold at the fol
lowing rates which is the risk :
Certificate of Package of 10 Whole Tickets,
“ “ 10 Half
“ • “ 10 (Quarter “
“ “ 10 Eighth, “
In ordering tickets or certificates, enclose the
money to our address for the tickets ordered, on
receipt of which they* will be forwarded by first
mail. Purchasers can have tickets ending in any
figure they may designate. The list of drawn
numbers and prizes will be sent to purchasers im
mediately after the drawing.
C*y Purchasers will please write theirsignatures
plain, and give their post office, county and .State.
Remember that every prize is drawn aud payable
in full without deduction. All prizes of §1,000
and under, paid immediately after the drawing—
other prizes at tbe usual time of thirty days.
All communications strictly confidential.
Address orders for tickets or certificates, to
S. SYVAN & Co.. Augusta, Ga.
!y Persons Tesiding near Montgomery, Ala.,
or Atlanta. Ga . can have their orders filled, and
save time, by addressing S. Swan A Co-, at either
of those cities.
tyA list of the numbers that are drawn from
the wheel, with the amount of the prize that each
one is entitled to, w ill be published after every
drawing, in the following papers: New Orleans
Delta, Mobile Register, Charleston Standard. Nash
ville Gazette, Atlanta Intelligencer, New Y’ork
Weekly Day Book, and Savannah Georgian,
Richmond Dispatch and New York Dispatch,
Paulding (Miss.) Clarion, and Augusta (Ga.)
Constitutionalist, Little Rock (Ark) True Dem.
Fine Candy,
ASSORTED in I lbs. boxes,—also Fig Marma
lade,—something nice. For sale, by
J. CONN & SONS.
Milledgeville, October J9th, 1050. 21 tf.
GEORGIA. Twiggs county.
YVHKltEAS, Thomas Gibson, has filed his petition
V v for letters of administration on the estate of
Michael Mixon, late of said county, deceased, in terms
of law.
This is therefore to eiteand admonish, all and singular,
the kindred and creditors of said deceased, to be and
appear at my office, on or by the first Monday in De
cember next then and thereto show cause, if any they
have, why said letters may not be granted.
Given under my hand, officially, at Marion, this Octo
ber 25th, 1853
23 5t Lewis Soi.omos, Ord’y
GEORGIA, Bulloch county.
Y17 MERE AS, Green R. Slater and Levind Sem-
i T mons will apply to the Court of Ordinary of
said county, for the administration of YViiliam
Semmons, late of said county, deceased.
These are therefore to cite and admonish, all
whom it may concern, to be and appear before
said Court, to make objection, if and they have,
on or before the first Monday in December next,
otherwise said letters will be granted.
Witness, William Lee, Sr., Ordinary in and for
said county, this 21st day of October, 1858.
23 5t. (d n) WM. LEE. Sr. Ord’y. B. C.
Prompt nitration given to Helling Beni En
in Ir, Negroes, Fon»ignn>rnfn of nil kinds,
Arc,, &r,
YY’m.H. Barnes, YY’. T. C. C.AMrsEtt..
.~e,,RF.FER T0~,.
High,Butler & Co., Atlanta. Gn., Ci.ark & G ui Tib,
Atlanta Ga., J. R.&C. II. Wallace, Atlanta, Ga.,
Col.T.C. Howard, Atlanta, Ga.. S. M. Pettingill,
New York, Street &. Bros., Charleston.
October 1st, 1858. 19 3m.
COTTON AVENUE!
H AYIXG united his school witliPwEsix Academy,
GEORGIA Jasper county.
WHEREAS, James h. Maddux applies to me for
T T letters of Guardianship of the persons and proper
ty of Josiah Flournoy, Samuel Flournoy, Willie F.
Flournoy: mill Sallie Flournoy, minors of said county.
These are therefore to cite and admonish all persons
interested to he at my office on the first Monday in X’o-
vembor next, nnd show cause if an v they have why
letters should not be granted the applicant.
Given under my baud at office.
Sep. 28,1858. P. P. Lovejoy Ord’y.
GEORGIA. Emannal county.
~YYTI1EREAS, John Yeomans, applies to me for
TY letters of Guardianship, for the person and
property of Jordan Yeomans, minor orphan of
Jordan S. Yeomans, deceased, aud under the age
of fourteen years.
These are therefore to cite and admonish, all
and singular, the kindred and all others concerned
to file their objections, in the Ordinarys office, on
or by the first Monday in November next, and show
cause, if any they have, why said letters may not
be granted.
Given under my hand at office, in Swainsboro,
this 24th day of September, 1850.
19 5t. GIDEON H. KENNEDY, Ord y.
WE WOULD RESPECTFULLY notify ou>
Tl friends and acquaintances in Baldwin, Jas
per, Putnam, Jones, and other counties around
Macon, that we have opened a
NEW STOCK
OF
STAPXtE AND FAlfC?
MIT GOODS*
On the Struct at the Head of this Article. To which
we invite their attention, the first Visit they make to
Macon. Our Stock consists in part of
IS row n fflcni tied lloaia«’-‘paiaiw, Broirn
in^o aiul Klrnrhril Nh«elingH, lloyl \ Haii'n
KnxliMh Print**, Phillip Allen &- Non'*
Sprague’*, Slufer A ^oii’m Putt lie** Taco*
tieyy Cot-liteo, nnd Nclawnbe** Print*, Pant
Color*. Wchh and KJiaker Flaunt I*, €mins;-
hnni M. fri*h Kitten*, Table fjineii*, Tow-
eliu^w, HoMicry, Hoop Nkirt’*, Ac. Are.
rdstinr
LUPIN'S PLAINAND FIGURED
GEORGIA, Irwin County.
Present the Han. Piter E. Lore, Judge of sum Court.
James Mixon )
rs. >Libel for Divorce &c.
Isabella Mixon, )
I T appearing to the Court by the return of the
Sheriff, that the Deft does not reside in this
Couuty, it is on motion ordered that deft, appear
and answer at the next term of this court, or that
the cause be considered in default and the Pl'ff.
allowed to proceed.
A true extract from the Minutes this August 15,
1858
14 3m. JACOB YOUNG Cl’k. S. C.
GEORGIA, Wilkinson county.
AYTIIEHEAS, Francis E. Golden, applies to me for
ii letters of administration on the Estate of Joseph
H. J • Golden, late of said county, deceased.
These ;o*** therefore to cite and admonish, all persons
interested, to be and appear at my office, by the first
Monday in December next, and show cause, if any
tin v l,»V.. — ,a j c* ii in letters ilmy not be granieu.
1 Given under my band officially, at liwinton, October
19th, 1858.
22 5t JAMESC. BOYY’EU, Ordy.
GEORGIA, Twiggs county.
VATHEKEAS. Willis Alien, has tiled his petition for
f t letters of administration, de bonis non, on the es
tate of Willis F. Lamb, late of said county, dec’d, in
terms of law. -
These are therefore to cite, and admonish, all and
singular, the kindred and creditors of said deceased, to
be and appear at my office, on or by the first Monday
in December next, then and there to show cause, if
any, why said letters may not be granted.
Given under my hand officially at Marion, October
15th, 1853.
22 5t. LEWIS SOLOMON, Ord’y.
GE< )KGIA, Twiggs county.
'1ATHEKKAS, Sarah E. Joyner, has filed her petition
tl for letters of administration on the estate of Au
di ew L. Joyner, late of said couuty, deceased, in terms
of law,
These are therefore to cite and admonish, all nnd
singular, the kindred aud creditors of said used, to
be anil appear at my office, on or before the first Mon
day in December next, then and thereto show cause,
if any, why said letters inav not he granted.
Given under my hand officially, at Marion, this Oc
tober 18th, 18.'<S.
22 51. LEWIS SOLOMON, Ord’y
Mmxn a
LSJ jz> JJta iitisa -jb a
ROJES A LAIZE’S
Silks From $18 to $85.
Black (iro De Rhine Silks,
“ Bayadicr “ &c.
Embroidered Collars, Sleeves and Hdkfs.
Yalcneirnes Late Collars ami Sells, to S.jO.
|acoiift anb Sluiss Criinmiiupi,
SHAWLS, CLOTH, ANO
Velvet Cloaks, $15, to $50.
Tapes, Biittous, Spool CoWiu, &c.
Terms. Credit Bills, due 1st January,
Cash “ liberally discounted.
One I*rire Only— to nil Cst»tolitern.
Respectfully, FEARS & SWANSON.
September 12th, 1858. 17 9t.
human hodv* mid when it| • i.nrform s itsfinietions well
the powers of the system mA are fully developed. The
stomach is almost entire!
action of the Litter for tie
functions;
are at fault
quenee of one organ—the
GEORGIA Wilkinson county.
AATHEKEAS, Harris Fisher applies to me for let-
Y v ters of Guardianship for the persons and proper
ty of Amelia It. Fisiier. Mary Joauuuh Fisher Cor
nelia Fslier, and Clara Fisher, respectively under the
ages of fourteen years, children of Dr. William
Fisher, late of said county deceased.
These nre therefore to cite and admonish all persons
concerned to be and appear at my office on or by the
first Momday in November next, and show cause if
any they have why said letter* should not be granted.
Given under my hand at office, this 4th October 1858.
20 51. " Jamrs C. Bower Ord’y.
UNTIES'W
WATCH. CLOCK & JEWELRY
milE Undersigned would re-
X speetlully inform the citi-
zens of Milledgeville and viein-
itv, that he has opened a NEW WATCH, CLOCK
AND JEWELRY STORE,
lYcxt Boor to A. Y'aii's Clotliing Store,
where he will keep a general assortment of FINE
GOLD JEWELRY, Gold and Silver YY’atches,
Timepieces, Fancy Articles, &c., &c., which will
BE SOLD IT A SHALL ADVAYCE OY COST.
Having had a long experience in Watch and
Jewelry Repairing, ho feels confident that any
work entrusted to him will be done in a satisfac
tory manner.
All work done by bim will be warranted.
A liberal share of public patronage is respect
fully solicited. JAMES SUPPLE.
Milledgeville. Sept. 28th. 1858. 18 2m
Plantation lor Sale.
THE undwsij^ned is offering his Plan
tation for sale, known as
Cherry Hill Pluee.
I have 810 acres of Land lying immedi
ately on tchawayootehaway Creek, ten mile-
Dawson, the present terminus oftheS. \\ . Railroad.
I have about 3W» acres open laud in high state of
c ultivation. The wood growth consists principally of
Oak, Hickory and Pine.
There is not exceeding 20 acres waste land on the
whole place. There is plenty ot running Branch \\ ator
to run a (lin all times.
There is on the place a good Dwelling with 7 r«M>ms;
5 brick Chimneys. Pantries, Kitchen and Ne^ro Hous
es: also, Cribs, Hear and Carriage Houses, Orchards of
fine fruit of nearly all kinds In fact there is every
convenience nnd comfort on the place that can reason
ably be uxported in this country—convenient to Church*
es and Schools. Taking every thing in consideration
it is one of the most desirable resident Plantations in
South-western Georgia.
Stock and Provisions of .all kinds can be purchased at
reasonable prices on the place.
There is another settlement of GOO acres that can be
added to the plane, if desired.
For terms and particulars, address
• ABED 1UWIN, Albany. Ga.,
or, Rev. J. If. Wilkins, Dover, Ga.
October 28, 1S5K. 23 4t.
TIME Msil'EMt M*\ m I'MEOK.ITOit.
PREPARED BV DR. SANFORD, •
Compounded entirely from (JUJUS,
IS ONE OF THE BEST PURGATIVE AXDLIV-
I- ER MEDICINES now before the public, that acts
ils a Cuthnrtic, easier, milder, and more effectual than
any other medicine known. It is not only a Cathartic,
but a hirer remedy, acting first on the Liver to eject its
morbid matter, than on the stomach nnd bowels to car
ry off that matter,thus accomplishing two purposes effec
tual!}’, without any of the painful feelings experience
in the operations of most Cathartics. It strengthens
the system nt the same time that it purges it; and when
taken daily in moderate doses; will strengthen and
build it up with unusual rapidity.
The Iii ver is one of the! [principal regulators of the
ely Qj dependent on the healthy
the ri proper performance of its
when the sfom- A ach is at fault, tiie bowels
t, and the whole y system suffers in conse
one organ—(he ■ Stiver—having ceased to
do its duty. For the dis- H eases of that organ, one of
the proprietors has made " it his study, in a practice
of more than twenty years,”to find some remedy
wherewith to counteract, ^ the many derangements
to which it is liable. Lj.
To prove that this rein- fT edv is at last found, any
person troubled wit hfj iv- «*r C'om |>l:iin*. in any
of its forms, has but to A tiy a bottle; and convic
tion is certain. U
These Gums remove* all , morbid or bad mat ter from
the system, supplying in fn tlx ir place a healthy Hoy\
of bile, invigorating the V stomach, causing final to
digest well, puriiyiiiw \\ tnc blood, giving tone
and health ti» the whole.™:machinery, removing the
cause of tin* disease—cf-K fei ting a radical cure.
JKilliou* atiackn arelr jcured, mul, W bat i*
belter, prove tiled, by. the ocaasional use of the
Lim Invigointor. J 1
One dose after eating is H sufficient to relieve the
stomach and prevent tli* ^ f<H>d from rising aud sour-
Ouly one dose taken be- fore letiring prevents
XlOHTM ARE. gj
Only one dose taken at E night, locsens the bowels
gently, and cures Cos-™ tivkness.
One dose taken after W each meal, will cure Dys-
PEI'SIA. Hi
izF* One dose of two. tcaspoousful will always
relieve Sick Headache.^.
One bottle taken fort |female obstruction re
moves the cause of th«*Lj'disease, and makes n per
fect cure. ,™|
Only one dose imme- "I (liatelv relieves Cholic,
while H
One dose often repeat- lt d, is a sure cure for
Cholkka Morbus, and,, ja preventive of Chol
kka.
UtC Only one bottle is^ needed to tlirow out of
the system the effects of - medicine after a Ion" sick-
One bottle taken frfor Jaundice removes all
sallowness or unnatural!mI'color from the skin.
Ouedose taken a short Ul(time before catiug gives
vigor to the appetite, and ^inmkes food digest well.
One (lose often repeat-*A ed, cures2CHitoNic Diar-
rh(ea in its worst forms, Vi while Summer and Bow
el complaints yield al* ■ most to the first dose.
One or two doses cures 6j;attacks caused by Worms
in Children : there is no ".surer, safer, or speedier
remedy in the world, as ii }y ' nrrrr fails.
VT A few bottles cures cj Dropsy, by exciting the
absorbents.
Wv take pleasure in re- commending this medi
cine as a preventive for tFever and Aoue, Chill
Fever, and all Fevers vfi of a Billiods Type. It
operates with certainly, W,and thousands are willing
to testify to its wonderful. virtues.
All vrho uni* it nre giving their iiiinniuioiia
tCNtiinony in it* luvor.
! ? Mix water m the mouth with the
Xuvigorator, and swallow them both
together.
THE LIVER INVIGORATOR
IS A SCIENTIFIC MEDICAL DISCOVERY, and is
daily working cures, almost too great to believe. It
cures as if by magic, errn the first dose giving benefit,
and seldom more than one bottle is required tocure nny
kind of Liver Complaint, from the worst Jaundice or
Dt/srxpna to a common Headache, all of which nre the
result of a Diseased Liver.
PRICK ONE DOLLAR TER BOTTLE.
Dr. SANFORD, Proprietor,
*H5 Broadway, New York.
Retailed by all Druggists. Sold here by E. J. White
Grieve Clark, and Janies Herty.
W
I’.l JL L .I.VO H’LVTE «
« OOllS,
Oil liaynr St. (Meet Door Sortit of Masonic Hall.)
(IKK, respectfully solicits the at-
(Ciitinu nf the Ladies of Milledperillc and vi
cinity, to her Yrw SUPPLY of FALL and
Winter Jill, LINER Y, which she is Ysw
Bccriviiii;, embracing all nf the latest Fashions of
B< 1XNETS, HEAD-DUESSES, HATS, FLATS,See.,
together with a variety of Trimmings, Flowers, fee.
lyf All orders promptly attended to.
Milledgeville, October II, 1858. 2ft tt
A FEMALE TEACHER WANTED.
W HO can give Thorough Instruction in the .
i ‘ *
usual English Branches, in French and.
Music. Address YY'm. YV.TUKNER.
Turn wold, Putsom Co. Go.
September 24th, 1858. 18 tf.
(Executor's Sale.
ILL be sold before the Court House door in the
town of Monticello, Jasper county, on the First
Tuesday in December next, pursuant to an order of
Court, the following property, belonging to the estate
of John Spears, late of said county, deceased.
Two hundred and forty-seven acres of laud, more or
less. Lying on the waters of murder creek, adjoining
lauds of Tims. Jeffries,YVm. J. L. Tuggle, and Lewis
Terrill.
Also, the following negroes, Dave, a man about
thirty years old, John, about, twenty-four years old,
good field hands, aud Cresa, woman about fifty-six years
old.
Sold for a division among the legatees.
Terms oil the day of sale.
TIIO’S. J. SPEARS, Ex’r.
Oct. 6th, 1858. (P P l) 2l)tds.
Guardian’s sale.
1 >Y virtue 'of an order of the Court of Ordinary of
> Emanuel county, will be sold before the court house
door, in the town of Swainsboro, on the first Tuesday in
DECEMBER next, within the usual hours of sale, the fol
lowing property, to wit:
One tract of land, containing two hundred acres,
more orless, aud adjoining the lands of E. Hutcheson, et
ah, and lving on the waters of Robbin’s Creek. Said
laud solcf us the property of the minor heirs of James
Hightower, deceased, nnd sold for the benefit of said
heirs.
Terms made known on the day of sale.
JOHN G. HUTCHESON,Guaffn.
Oct. 6th, 1858. (w* a * J tv) 20 Ids.
llhruuintisin—Is only cured permanently by
‘Li neb's Anti-Rheumatic Poirdcrs," as it is the only
emedy extant that attack the root of the disease; all
others being ointments, embrocations, Sec., are merely
palliatives.
It is sold, wholesale and retail by J. G. Gibson,
Eatonton, Ga., aud retailed by James Herty, Milledge
ville, Ga. 21 tf. -
Lj?* BLANKS of the forms generally used by
county officers, &c. For cale at this office
GOVERNOR’S MESSAGE.
Executive Dkpaki menu, J
Milledgeville Nov*. 3rd 1858. )
Fellow citizens of the Senate
and House of Rrprcsentatires:
It affords me much pleasure to be able to state that
the financial condition of the country is greatly im
proved siuce the adjournment of your last session.—
Previous to that time, the commercial crisis, aggrava
ted by a general suspension of specie payment by the
banks ot ninny of the States, including most of the
banks of this State, attended l>y distrust and loss of
confidence, had depressed t lie spirits of our people, nnd
seriously affected all the great interests of our State.
On the 22d day of December last, both branches of
the General Assembly passed, by a constitutional ma-
jority, without Executive suiction, on act entitled an
act to provide against the forfeiture of the several
bank charters in this State on account uf non-specie
payment for n givenjiuic, and for other purposes there
in mimed. This act made it the duty of the Governor
to withhold proceedings under the act of lSiUfoithe
forfeiture ot the charters of such banks in this State as
had violated the law,and were inu state of suspension,
until the 15th day of this present month, or uilthe hap
pening of certain contingencies mentioned in the net
In view, doubtless, of tli ■ great imposition practiced
upon the people by the banks, in taking from them us
ury under the name of exchange, and otherwise, the us
ury laws of this State, so far (inapplicable to banks, were
changed by the eighth and ninth sections of said act;
by which it is made illegal for any bank or bank agen
cy, by itself, its officers or agents, directly or indirectly
to Joan money at a greater rate of interest than seven
per cent per annum, aud at that rate only for a longer
til* shorter time; or to discount or purchase nines, papers
or evidences of debt at a greater discount than seven
per cent per annum. Ami all notes, mils, a.-atts amt
contracts of every sortwhatever, taken for money loan
ed ntu greater rate of interest than seven per cent, as
well os all notes, pupvis and evidences of debt discoun
ted or purchased in violation of said act, are de
clared to be utterly null and void, aud irrecoverable in
law.
The tenth section of the act regulates the percent
which a bauk may receive for exchange, when its own
bills are tendered at its counter in payment therefor,
by a citizen of this State.
The sections containing these provisions were doubt
less inserted in the act lor the purpose of protecting the
people against the usurious and exhnrbitunt exactions
of the banks. And to prevent, as far as possible, vio
lations of the act, in the particulars above referred to,
it is enacted by the eleventh section, that, “The affida
vit of bank officers to their annual and semi-annual re
ports, shall, in all cases, state that the bank of which
they are officers, has not, by itself, its officers or agents
in any particular, violated the provisions of this act.”—
And the twelfth section makes the offence perjury,
should bank officers swear falsely in making their re
ports. By requiring of bank officers the solemn
guaranty of an oath, under heavy penal sanctions,
that the law has not been violated by them, the Leg
islature no doubt believed they had protected tiie peo
ple against such illegal practices in future.
Although I withheld my sanction from the act on ac
count of other objectionable features in it, and on ac
count of the doubts I entertained as to the constitution
ality of portions of it, I have no doubt but that such
portions of the act as prohibit the taking of usury by
tin* banks and regulate the manner of making their an
nual tiud semi-annual reports; which apply alike to all
banks in the State, are both constitutional andexpedi-j
ent. Entertaining these views, on the 1st day of June]
last I issued my proclamation calling on the banks to ]
make their returns according to law, and to comply
with said eleventh section of the act of 22d December,
1857. As this art had been passed by the Legislature
mainly for the relief of the suspended banks, and at the
earnest solicitations of their friends, 1 had reason, in !
common with all law abiding citizens of the State, to j
suppose that they would render cheerful obedience to
all its requirements. It is with much regret, how
ever, that 1 have to state to the Legislature that by
far the greater number of the banks whose suspension
had been thus legalized, and whose charters hud been
so recently relieved from liability to forfeiture, in open
violation of the statute passed for their relief, as well as
all the batiks in the State which hud not suspended;
either neglected or openly refused to obey the law, and
make their returns is directed by the positive man
date of the statute; thereby placing themselves in a
position of detiauce to the constitutional authorities of
the State.
In this state of things I issued my proclamation as
required by law. publishing the names of such delin
quent hanks, and notifying the Treasurer of this state
that their bills would not be received in payment of
taxes, or of any debt due the State or the Central bank
until they should comply with the Jaws and make their
returns as directed by the statutes; and this they have
hitherto neglected to do. It is evident, therefore, that
the penalty of excluding their Dills now prescribed by
law for a failure to make their returns, is notsuffieient to
compel obedience to the requirements of the statutes.
Doubtless some of the banks have made more by taking
usury, and by disregarding in other respects the act of
22d December last, than they have lost by sufferin" (the
present penalty for not making returns in accordance
witii existing laws
1* or the purpose of compelling these corporations to
yield obedience to the law in future; I respectfully rec
ommend that tin* penalty for disobedience be increased
and in addition to the penalty already prescribed, that a
tax oftwo per cent u month upon the whole amonnt of
the Capital stock mentioned in the charter of enehjdeliu-
qnent bank, be levied and collected in gold and silver
for the entire time during which any such bank may in
future remain in a state of disobedience, and fail to
make its returns as directed by the statutes. There
can be no just reasons why wealthy corporations should
be permitted at their pleasure to set tin* law at defiance
while individuals are compelled to suffer rigorous pen
alties for its violation. Tiie mandates of the law
should be obeyed as promptly and implicitly by the
moat influential and wealthy as by tiie poorest and
most needy. This is republican equality, and our peo-
ph* should be content with nothing less.
Xo sooner had the act of 22d December, 1857. been
passed, than the banks, forgetful of their promises to
expand their circulation, to discount freely and relieve
the country, refused to discount notes, however good,
when offered to them in a legitimate Course of banking
business, or to extend accommodations to any except
perhaps to a favored few, such as cotton buyers and
other speculators. Merchants and others compelled to
have Northern exchange, were generally unable to ob
tain it for less than three per cent. The price of cotton
declined, and monetary distress became general
throughout the State.
The banks Ii iving thus abused the generous confi
dence reposed in them by the Legislature, continued
to enjoy tin* benefits of the suspension long after the
banks of the great cities of the North and YVcst had re
sumed specie payment, and until the just indignation
of an injured people, expressed through the public press,
by public meetings and otherwise became so prevalent
that they felt compelled by fear of future consequences
to retrace their steps, ana curtail the speculation they
otherwise would have made out of the suspension.—
They there fore prepared to resume on the 1st day of
May last;thus admitting, by theirresumptinn six months
in advance of the time fixed by the statute, that no
such necessity as they represented to tiie Legislature
ever did exist for the passage of the act. A gentleman
of great ability and worth, who is at the head of one of
the most important and influential banks in the State, in
his report of May last, while apologizing for the suspen
sion, and referring to the foot that the Legislature had
given time till the 15th of November, says: “Our
banks, impatient under the supposed odium of suspen
sion, resolved to resume on the 1st of the present
month,” (May.) It is a fair inference, therefore, that
the banks would have continued the suspension till the
time fixed by the act for them to resume; but for the
pressure of public opinion, and their impatience
“under the supposed odium of suspension.” Public
opinion having thus compelled the banks to resume be
fore the time fixed by the statute, and the crisis having
passed we, as rational men, should learn wisdom by
experience, and try to provide as far as possible
against ubuses of their privileges by these corporations
in future.
I presume it will not be denied by any one, that we
have erred by a too liberal and unguarded grant of
corporate powers and privileges to moneyed monopo
lies. And it is believed that a future extension ofthis
policy would soon enable these monopolies to control
the government of Georgia, nnd make the peple the
subjects of their power. It is already claimed by some
that they now havo the power, by Combinations and
the free use of large sums of money to control the po
litical conventions and elections ot our State, ana in
this way to crush those who may have the independence
to stand by the rights of the people in opposition to
their aggressive power. I trust that the bold
independent and patriotic people of Georgia may nev
er b<* compelled to bow the neck in subjection to the
yoke thus intended to be imposed by the corporate
powers of the State. Let it not be forgotten however
by those who have watched with anxietv the growing
power of corporate influence that the price of republi
can liberty is perpetual vigilance.
The monetary and commercial affairs of tiie cuun
try must necessarily remain subject to panics,
under heavy pressures, and at certain, if not (re
quent interval Is, as long as our present banking
system is continued with its enormous powers and
privileges, which have been enlarged aud exten
ded by legislative enactments, chartering new
banks from year to year charteringuew banks.
The people should takethis subject into seri
ous consideration, and pronounce upon it a
calm and deliberate judgement" Every intel
ligent person must admit that it is impos
sible for a bank having a paper circulation
three times as large as the amount of its specie, to
redeem all its hills in specie on demand. Should
all its bills he presented for payment at any one
time, and the specie be demanded, it can then
redeem but one third of them. In that ease,
if the bank has sufficient assets, or property, the
other two tltiids may possibly not he an ultimate
loss but payment must be delayed tili tiie money
can he realized by a disposition of those assets
aud property, which may not be till the end of a
lengthy and uncertain litigation. It is clear,
therefore, that our present paper currency is not
a currency convertible, at all times, into gold and
silver upon presentation; aud tliaronly one third
of it should payment be demanded on all at one
time, can, in the nature ol tilings, he so couverti-
tible, so long as tiie banks issue three dollars in
paper for one in coin.
In my judgment no paper currency is safe
which is not so regulated as to be all times readily
convertible into gold and silver. It is true our
people, by a sort of common consent, receive tiie
bills of the banks and use them as money, though
in reality they rest upon no solid specie basis.—
But sad experience has taught us that such circu
lating medium subjects the country to panic at
the first breath of distrust or suspicion, which
may be produced by the failure of a single bauk
having a large circulation and extensive connec
tions with other banks, and may widen aud ex
tend to tbe prostration of the credit of the whole
country. Such a currency, having no solid specie
basis, ca t he availablo only so long as the com
munity will consent to receive promises to pay
money ill place of money itself.
The peoplo take from the banks their bills as
money. The banks reciivo interest, nnd often ex
change upon them. YY'lten required to redeem
their bills in specie, they suspend, if they chooso
to do so; and then, if an attempt is made to coerce
payment in specie, they resist it holding a rod
over the people by threatening to make them pay
upon a specie basis the debts contracted by them for
the bills of the banks; not withstanding those bills
when they received them, rested on a basis of
one third specie. The high prerogative of exercising
banking privileges, .and issuing their own notes or
Dills to be circulated as money, not resting upon
any solid specie basis, is secured to the bauks unuere
our present system of legislation ns an exclusive
right, while the exercise of similar privileges upon
like terms is denied to all individual citizens of
the State by strength penal enacnicnts.
The privilege of using their own notes as
money, gives to the favored few* who enjoy it,
immense advantages over their follow-citizens,
and may often enable* the managers of these corpo-
tarions to amass great wealth by tin ir high salaries
and large profits. It may however be 1 said, that
many of the stockholders are widows and orphans,
that the stock is in the market for all, and that the
dividends are not gn ater than the profits realized
fiom other investments. This may be admitted.
Indeed, it seems in practice, tube generally true
that corporate privileges do not result so much to
tho benefit of the mass >f stockholders as to the
toncSt vt vlic few olio uuiiia-c tlw corporation.
To estimate correctly the profits made out of the
people by those engaged in banking, we must not
only count the dividends of seven, eight or ten
per cent distributed among the stockholders, but
we must also take into the account the banking
houses, real estate and other property purchased
out of tiie profits of the bank and held by the cor
poration. Besides, we should consider a reserved
fund of two, three or four hundred thousand dol
lars made up of accumulated profits, aud often
kept back by our larger banks and not distributed
among the stockholders, together with the high
salaries of all the officers of the bank, which must
be paid before any dividends are distributed.—
These sums, though made out of the people by the
banks, are not semianiiaily divided among tiie
stockholders. To these add all sums paid to at
torneys, agents, Ac., and all amounts lost by de
faulting agents, which, while they cannot be set
down as profits of the corporation, since neither
its officers proper nor its stockholders are benefited
thereby, are still snnis of money which, under the
workings of the system, nre drawn by the cor
poration from the pockets of the people.
To all this add the large sums lost almost every
year, on account of broken banks, whose bills arc
left worthless in tiie hands of the people, who have
paid full price for them as money. Aud take into
the account the father fact that the State, in 1840,
and 1849, issued $515.1)00 of her bonds to meet
Iter liabilities on account of the Central Bank
$240,000 of which are still outstanding. And
that in 1855, the issued $40,500 of bonds to pay
her indebtedness on account of the Darien bank,
which are still unpaid, making $280,500 of bonds
on account of these two banks which still remain
a portion of the public debt, the interest of which
is paid anually out of the taxes of tbe people—
and we may form some estimate of the amounts
which the people of Georgia have paid and con
tinue to pay in taxes, and sufferin losses; to sustain
the banking system.
Again, in many instances, those who control the
corporation may have great advantages in being
able, if they choose, to obtain such accommoda
tions as they may desire, by the use of its funds,
when a favorable opportunity for speculation oc
curs. The dividends paid to stockholders are
therefore no proper criterion by which to judge of
the advantages of the corporation to those who
hold its offices, and control and manage its capital
and its operations; or of the sums lost by the peo
ple on account of the workings of the system.
Thus far I have discussed this question upon the
supposition that the liabilities do not exceed three
dollars for every one of specie actually on hand in
the banks to meet and satisfy them. This sup
position is more favorable to many of the banks
than facts will justify. The law of their charters
only requires that their liabilities shall not exceed
three dollars for every one of capital stock actually
paid in, and not three dollars for every one of
specie on hand to meet those liabilities. As an
illustration of the error of our present legislation
in incorporating hanks, suppose the amount of
the capital stock of the bank be limited by tbe
.j».*>im,imo which is 10 tie pula tn, 'u gold
and silver, by the stockholders. The charter
then provides that the liabilities of the bank shall
at no time exceed three times the amount of the
capital stock actually paul in. The stockholders
pay in the $5(lft,(IOO, in gold and silver. The dir
ectors of the bank may then, without any violation
of the letter of the charter, incur liabilities against
the bank to any amonnt that does not exceed
$1,500,000; and that too, without any obliga
tion on their part to keep in their vaults the $500,-
000 actually paid in ora like sum. If they should
take out $400,000 of their specie and invest it in
real estate or other property, leaving but $100,000
of specie in the vaults, they ntay still contract
debts to the amount of a million and a half, and
may point in triumph to the language of their
charter, and to the tact that the $500,000 of capital
stock was once actually paid in, as their authority
for so doing.
This bank legislation of our State docs not seem
to have been well understood by our people. They
have generally believed that our banks, by the
letter of their charters, were required to have on
hand at all times an amount of specie one third as
large as the entire amount of their liabilities. The
banks have understood the matter very different
ly , and have not only claimed, but exercised the
right when they regarded it their interest to ex
tend their liabilities tai beyond three dollars for
every one of specie actually on hand to meet those
liabilities. By examination of their returns made
to this Department in October, 1057, it will be
seen that at the time of the late suspension of our
banks in Augusta and Savannah, the liabilities of
one of them for hills in circulation aud iudividual
deposits, exceeded thirteen dollars for every one dol
lar of both specie and bills of other banks which
it then had on hand. Another had ouly one dollar
in specie in its vaults for every fifteen dollars of its
liabilities for bills in circulation and deposits.
Another had not one dollar in specie for every
semi of liability for bills in circulation and depos
its; and another had only one dollar in specie for
every eleven dollars of its liabilities of tho character
mentioned above- It is true these banks had
other assets, but those assets were not money.
The question naturally suggests itself, how can
such a currency he convertible into gold and sil
ver—the money of the constitution—on demand
or presentation? How can a bank with fifteen dol
lars of cash liabilities for every one dollar in specie,
orevenof five dollars for oue, pay its liabilities
promptly on demand/ It is impossible And
how can its bills be justly considered safe as a
circulating medium, or as money, if it cannot
redeem them promptly on demand!
In consideration of all tbe imperfections aud
abuses of our present banking system, I am of
opinion that wo should do all in our power to
bring about its complete reformation, and if this
be not possible, wt* should abandon it entirely. I
am the advocate of no harsh measure that would
either violate the legal rights of the present cor
porations, (however unwisely they were granted.)
or that would bring distress upon the people, by a
sudden return from a paper to a specie currency
A reformation so radical, if attempted, must be the
work of years. If the legislature would con
tinually refuse to charter any new bank, or to
enlarge the capital stock of, or recharter any bank
now in existence, the system would gradually
workitslf out by efflux of time; and we might,
without any sudden shock, return safely to the
currency of the constitution, plant ourselves upon
a firm specie basis, and lid ourselves of a system
against which the great and good men who con
ducted the revolution and formed our constitution
intended to guard their posterity, when they
declared in tbe constitution that nothing but gold
and silver coin should be made a legal tender.
In two* of tho States of this Union banks are
prohibited by constitutional provision; two others
have no banks, aud another had but two small
banks, whose charters, it is said, have been for
feited by the late suspension. And I am informed
upon what I consider reliable authority, that the
late commercial pressure was comparatively but
little felt within the limits of those States.
Should our people determine, however, to con
tinue the present banking system, and to charter
new banks, increasing their number and thereby
increasing their power in the State, I would re
spectfully urtre the importance of guarding all
charters ” with much greater stringency in the
future. Let the charter of each provide that the
entire liabilities of tiie hank shall, at no time,
exceed three dollars for every one of specie actually
in its vaults and bona tide the property of the
banks on pain of immediate forfeiture. Let the
simple fact of suspension of specie payment render
the charter absolutely null and void. This would
deter them from engaging in such wild specula
tions and over issues as compel them to suspend
in ease of pressure. Let provision also be made
that all executions issued against the corporation
may be levied upon the property of any stock
holder until the creditor be satisfied, leaving the
stockholder to his legal remedies against the rest
of the stockholders to enforce contribution among
ing a similar power, should its exercise be requir
ed by the interests of the State or the public good.
If.tho coiporation is unwilling to trust the people
with this lcpealicg power, how much more should
the people be unwilling to trust tho corporation
without it.
0 , c Pr ° h ll ,itio * of small bills.
Several of the State* have already passed laws
prohibiting the emission by their banks of small
bills. I once entertained doubts whether our Leg
islature could do thi3 without a violation of tue
chartered privileges of the banks; but on more ma
ture reflection and careful examination, those
doubts are entirely remofed from my mind. I
therefore recommend the passage of a law prohib
iting the emission of small bills by the banks of
this State and forbidding, under heavy penalties,
the circulation within this State of biilsof a like de
nomination issued by banks of other States.—
Such an act might prohibit tbe circulation of all
bills of a denomination under ten dollars, after
twelve months after the passage ot the act, and
those of a denomination under twenty dollars in
six montps thereafter, or at such other stated times
as might be thought best, so as not to embarrass
the business transactions of the country. The
effect of such a law would be to cause small bills
to be withdrawn from circulation, and as they
must be redeemed by the hanks with specie, the
specie would go iuto circulation in their stead.
This would cause gold aud silver to take the place
of bank bills in all the smaller business transac
tions. The laborer would then receivo the price
of his labor in gold nnd silver, the farmer of small
means would generally receive the price of his
produce in gold and silver, which would remain
good however much bank bills might depreciate.
Sub-treasury System.
1 also beg leave to call the attention of the Gen
eral Assembly to the propriety of establishing by
law, a system for our State similar to the Sub-
treasury system of the United States, the wisdom
of which has been fully demonstrated by the
beneficial results of its practical operation. I
earnestly recommend the adoption of such a sys
tem. Let nil payments into the treasury, after a
reasonable time to he fixed by tho Legislature, be
made in gold and sil-cr, and let the State pay the
interest upon her public debt, the salaries of her of
ficers, the per diem of her Legislators, the money
due the several cuantiee for seltool purposes, to
gether with all her other liabilities, in gold and
silver Of course the system should go into oper
ation gradually This, in connection with tho
prohibition of the circulation of small bills, would
keep out of the banks and in circulation among
the people a large amount of coin, placing the cur
rency upon a much more solid specie basic, mak
ing the people more independent of banks, and
enabling them to withstand the shock with much
less injury in case of a commercial crisis and
bank suspension. It is belived that no serious
inconvenience could result to tho tax payer from
such a law, as the gold and silver paid into tho
Treasury by those indebted to the State, would be
returned by the State in the payment of her debts
due to her creditors, and would again go into circu
lation among the people. Should any incon
venience bo apprehended in tho transportation of
specie from the treasury to the creditor, provision
might be made authorizing certificates of deposite
to be issued, which might be paid to the creditor
at his request in place of the coin. These certifi
cates of deposit might be of such denomination as
tbe Legislature may prescribe, handsomely en
graved upon steel plates, which plates should be
deposited in the Treasury for safe keeping. Each
certificate might be signed by tho Treasurer and
countersigned by tbe Secretary of State, with tho
impression of the great seal of tho State stamped
upon it, aud a register of the issue of each kept
iu tbe Treasury to prevent counterfeit. These
certificates might be made payable to the person to
whom they first issued or to bearer. They would
supply the place of bank bills so far as tbe con
veniences of a paper currency are concerned, while
they would be subject to none of the fluctuations
of value and the uncertainties of bank bills.
They would be taken at the option only of tho
creditor in place i f gold and silver. Tito gold aud
silver, dollar for dollar, wouiff, when they were in
circulation, remain in the vaults of the Treasury to
redeem them when returned to it. These certifi
cates, thus predicated upon coin in the Treasury,
dollar for dollar, would be receivable in payment
of taxes or of any debt due the State. They would
be a safe medium of exchange, and would, to the
amount of their issue, be a paper currency at all
times convertible into gold aud silver upon pre
sentation at the Treasury. Each dollar of paper
would have for its basis a dollar of specie in the
Treasury, aud as the faith ot the State would be
pledged for their redemption, it would be impos
sible for any citizen to sustain loss upon them.
They would be a currency at all times and under
all circumstances of uniform par value. This
would render the government of the State entirely
independent of all banks and bank agencies, and
would in a very great degree destroy the power of
tbe bauks over the people, while it would give the
people gold and silver change in all their small
transactions, and a paper currency perfectly secure
in many of their larger ones.
The suggestions made by the Secretary of the
Treasury of the United States, (Mr. Cobb,) in his
late report to Congress upon the subject of the
ootiihlishment of a Sub-Treasury system by the
States, similar to that of the United States, and the
prohibition of the circulation of bank bills under
the denomination of twenty dollars, are, in my
judgment, founded in wisdom, and commend them
selves to the serious consideration of the Legisla
ture’ The State of Ohio has already shown her
appreciation of the wisdom of these suggestions,
by transferring much of their substance to her
statute book, allowing sufficient time for the
gradual inauguration of the system into practical
operation.
Western Sr Atlantic Rail Road.
Fora statement of tiie present condition of the Wes
tern it Atlantic Railroad, its operations and incomes
for the fiscal year ending 30th September last. I beg
leave to refer you fothc report of Dr. John YV. Lewis,
its able and efficient Superintendent, who has shown
himself to be a most vigilant, active and valuable pub
lic servant. In passing this well merited compliment
upon the faithful Superintendent, I would do injustice to
Ins associate officers, and the other agents and em
ployees of the Road, were I to full to express my en
tire confidence in their integrity and business qualifi
cations and to commend the zeal and energy with
which they have exerted themselves for the success of
the Road and the advance ment of the best interest of
the State. For their efficiency, fidelity aud integrity
they have my sincere thanks, and are in my opinion,
entitled to the thanks of the whole people of Georgia.
Owing to the commercial pressure and the conse
quent stagnation of trade and business, the gross in
comes of the Road during the present year, from
freights nnd travel, have been less than they were for
the previous year, which was one of unuaua! prosper
ity. The low price of corn wheat and other kinds of
grain during the present year, has, in a great degree,
pre vented their shipment. Not only were the prices
of wheat much lower than they were tlieycar previous
but the quantity made in all' that section of country
which supplies the Road with freight was much less.
Merchants limited their purchases of goods to the
limited demand for them in the country; lienee, the
diminution of incomes to the Road on account of freights
on merchandize.
That portion of the Road track between Tunnel Hill
and Chattanooga, (seven miles excepted) was in a very
bad condition when Dr. Lewis took charge of the
Road, and it haa required a great deal of costly repairs.
A considerable portion of the track between those points
has been taken up and thoroughly repaired, andsmall
stones pounded iuto the earth under the new cross ties
at several places where in wet weather the earth is so
soft that the Road-bed could not otherwise be made
fnm. Tins kind of repairs is quite expensive, but is be
lieved to be cheapest in the end, as the track in these
soft places will remain firm when once bedded in stone.
The entire track is believed to be in better condition
than it has been for several years, (a force of about
three hundred hands having been employed in its re
pair most of the summer) and all the rolling stock is in
good order. Repairs have also been lately made at Al-
atooua, Telit's Creek and the Tunnel.
Since your last meeting one thousand tons of new T
iron have been purchased, which has all been paid for
since the 1st day of January last. This will lay aboa*
eleven miles of the track with new heavy bar. Part of
this iron has already been laid down upon the track,
and the remainder, now being received, will soon bo
laid down. Other new iron will be purchased as fast as
it is needed.
11 is a matter of great importance that the Road be
kept in gisid order. For this purpose it is proper that
several miles of the track at different nlaces should be
laid with new iron every year; otherwise the iron on a
large portion of the track might wear out at tbe same
time, requiring a very heavy outlay to replace it. I
hold that no auiniuistralioii. for the purpose of paying
money into the Treasury or otherwise, has a nght to
let the Road run down. He who does it deserves to
be condemned, and I am willing that my administra
tion, so fur as the management of the Road is concern
ed, shall be judged by this standard.
According to the report of the Senate committee,
the present Superintendent, when he| took charge of
the Rond, 1st January last, was chargeable with aesetts
amounting to about $57,324 15, due from connecting
a balance in tbe Treas-
Roadsand solvent agents, with i
ury of $15,907 43. And he paid, according to the re
port, from 1st January to 1st July the sutn of $157,773
23 to creditors of the Road, on account of indebtedness
contracted prior to 1st January 1858, and had in the
treasury of the Road 1st July ii balance of $35,01096,
It will be seen the. efore, that the amount in tbe treasu
ry was much smaller 1st January than it was 1st July;
and that the amount of debts contracted by former ad
ministrations of the Rond, and paid by the present Su
perintendent, from 1st Jutmarv to 1st July, 1858, wau
$100,449 1)8 larger than the amount of solvent assets
turned over to him. The present Superintendent
would seem therefore to be entitled to tiiis sum paid
out of his net earnings as a cash credit In this sum is
included the price of 400 tons of tho new iron above
mentioned, which was ordered by the former Superin
tendent prior to 1st January last, and has been paid
for and laid down by the present Siqieriiitendent since
that time: who has also, through the Treasurer of the
Rond, paid info the Stutc treasury, commencing with
the month of March last, $200,000. Of this sum $75,000
had been paid in at tbe date of his report of 30th Sep
tember, aud $25,000 since that time for the month of
October. The current expenses of the Rood have been
paid. No new debts are permitted to accumulate which
are not promptly* paid, it the creditor can be found,
at the end of each month.
The new iiassenger depot uf Chattanooga is in pro.
cess of construction under the superintendence of the
Chief Engiueer ofthe Road, with workmen hired by
the general Superintendent The building is 101 feet
wide and 303 feet long, and is a very solid and well
built structure. It is built of stone to the spring of the
arches, which are turned with brick. It is expected
themselves. Let the bills ofthe banks in the to be completed and ready for use iu a few weeks. All
bauds of the people at tbe time of suspension, expenses of this structure have been paid monthly. It
bear interest from that time till paid. And let the is intended that the depot be used by all the Roads
Legislature retain the right, by express reserva- connecting at that place. As some of these roads were
; n tiie charter, to alter, modify or repeal it at not in a condition to incur tbe »xpense at the time the
Dleasure In my opinion it would be best for the work was commenced of contributing to its erection, it
Legislature to refuse to grant a charter to any cor- w»tho«Mll®***
poration for any purpose whatever without retain- [continued on fourm page.]