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POLITICAL.
Fr.on Kendall's Expositor.
The Firs,* SisilJ-.
The first duty of the Democratic parly, on
recoverin'' their power in the State Govern -
limits, is To RESTORE TO THE I'EOPEE
A SOUND Cl'RKENCY, AND REDUCE
DOMESTIC EXCHANGES TO RHASON-
ARLE HATES.
How are these objects to tic accomplished !
The process is direct and easy :
COMPEL THE SUSPENDED
BANKS TO RESUME SPECIE PA Y-
MENTS, OR VIED UP THE 111 CON
CERNS.
That done, hoth objects are accomplished.
The people will every where liave a currency
of .ro!J and silver r.r its equivalent, and what
is now called difference of exchanges will cli ef-
|y disappear. In point of fact, the greater part
of that difference is not t o difference ot ex
changes, hut a difference in the value «J load
currencies. For instance; exchange hetuecn
New York and Washington is quoted at about
three per cent. The rail difference of ex
change is never over one-half, and seldom
more'than a fourth percent. Exchange be
tween New York and Cincinnati, Louisville,
St. Louis, Nashville, Arc. is quoted at five to
ten per cent, wltcii in fact it is seldom over tiro
percent. The rest of the apparent difference
is produced by the depreciation of the curren
cy at those places respectively, and ought not
to he called exchange.
The reader cannot fail to perceive that a re
sumption of specie payments by the hanks, by
restoring fTsnuml and equal currency at till
those points, would at once anuihilateso much
of the difference of exchange, so cail.d, ns is
produced by the depreciation of the currency,
and show what the true difference really is.
The boasted Whig remedy, a Bank of the
United States, is impotent to produce either of
these results. From ISIS to 1 829. while, we
lived in Kentucky, there were two (tranches of
the Hank of the Unitnl States in that Stale, and
yet. during the whole puiod, and for years af
terwards, the local currency was from 10 to 5U
per cent, discount, and the exchange between
that State and the Eastern cities something
more. Every man who lived in Kentucky
during that period knows that the United Slates
Hank was perfectly impotent to furnish n sound
currency or regulate exchanges, and that those
objects were effected at last solely by the acts
of the Legislature restoring a specie currency
or i's equivalent. From the nature oi the sys
tem, a Hank oft lie United States or other large
bank cun control the smaller hanks only so
long us they pay specie. The instant they
suspend payment, its power over them ceases,
and it never can lie resumed tiu'i! the State
Legislatures or a controlling pul lie opinion
step ill and compel the delinquents to return
to the path ofduly.
It is obvious that the State Legislatures - and
public opinion may be as effectually exercised
without the existence of a Hank of the United
States as with it. Now is the time to reduce
this truth to practice. Let the Democratic
Stales compel their banks to resume, and those
who are now misled by Whig arguments will
find themselves in possession of a sound cur
rency and regulated exchanges without tin-
agency of a National Hank. In no other way
can the niguments in favor of a Hank be so ef
fectually refuted, and at the same time so es
sential a neiiurti n-iui.-i>.u ■„ <t,»
The amount of currency would be largely
increased by resumption, giving instant and
effective relief to the people. Although th
banks might, in a moderate degree, curtail their
issues, millions of dollar-, now hoarded in
men’s desks and other dark corners, would im
mediately .appear in the light of day, and cu-
tetiitg into tlte circulation, more than replace
the amount of hank notes which might be with
drawn. We have not a doubt that the resump
tion would at once make money more plenty in
all theStates where it prevails, even though it
should produce a considerable reduction of the
hank notes in circulation. Hut the'hoards of
specie which would now produce this result,
are daily diminishing. Not being used as a
currency, it is becoming an article of merchan
dise, and finding its way into the mart of the
nation, is shipped to Europe. At litis moment
sjiccio is a drug in New York, and is goingout
by hundreds of thousands in every packet that
sails, while foreign exchanges are at rates which
connected with them. And Capt. Tyler, as! do no less than to return to you and those
well ns the constitution, would both have]you represent, my grateful thanks for the
been beaded in vain ; and the public would, in
my opinion, soon have been more thoroughly
undeceived than they even now are, as to the
folly and imposture of both measures. Tlte
people can always havespecieor its equivalent
when they insist upon it, and whether they
resort to a Macon specific or hard money alone
as provided by the Constitution ; the fault is
in themselves, in not having good laws or in
not inflexibly requiring them to be executed,
when they are subjected to the miserable va
cillations and depredations of suspended bank
paper. The axe can be laid at the root of spe
culation an l profit, and sound money will
abound ns much us sound limber or sound
ships, if the demand for them is only made
steady.
Oftlir; infamous Distribution bill Mr. Wood
bury said :
Next, you will never endure, font the public
domain he squandered, and its place supplied
by permanent loans, or augmented taxes.—
Tlte Government, as a whole, has been plun
dered ofits principalities, large us halt the ter-1
ritories of Enrnjie.
Remember, that there is no surplus, and
that every dollar of on r public territory, given
away, has to be supplied by more than a dol
lars tax and tlint Massachusetts, for instance,
in getting §140,(Hit) by the distribution law,
has to repay, tinder an increased tariff, quite
§180,000 to restore the principal, and the ex
pense, ns well as loss, of collection and transfer.
Remember, too that the poor and middling
classes are obliged to pay of this §180,000, at
least twenty or thirty per cent, more under a
tariff, than they would have to pay if the mon
ey was wanted by Massachusetts, and collec
ted by herself under her own system of taxa
tion, which properly falls heaviest on enpi al,
and le.-s on labor, than does tlte tariff. Re
member, too, that these losses are inflicted on
ns so as in effect only, to aid British bond
holders abroad, and wealthy political jobbers at
home. (Great cheers.)
a moderate rate of interest, because the lenders
will have confidence in the credit of tlte state,
kind sentiments of regard and confidence, Hut that confidence will have to be given ;
which you have been pleased to express to- and 1 have no doubt that the legislature will
wards mo. Shall 1 not be justified by the peo- give i f , by directing the interest to be paid at
pie of this ancient county, in the declaration 1 points where it will be most likely to be accep
ting when, as long ago as twenty-five years, 'table to the lenders. 1 am aware, that to ac-
tiiey did me the honor to confer their almost! complish these objects, sacrifices will have to
unanimous suffrages upon me. as their repre- be made. Hut it will be much better to make
sentative in Congress, the political pr'nciples sacrifices at the present time, when they can-
winch I then avowed, have been the same not be unbearable, than to wait when the
which since my aceessiou to the Presidency, 1 ! amount of taxation will have to be larger, in
have dared to. vindicate and maintain, at the
expense of the bitterest denunciations which
have heretofore assailed a public functionary.
The same opinions as to. the power of Con
gress to charter a National Hank, which 1 then
avowed in the presence of your fathers, and of
many who still survive among von, and which,
ns your Representative, 1 strenuously urged
in 1S19. are still maintained with abiding and
unditninished conviction. 1 was then sus
taiued hy the people of this District, with al
most entire unanimity., and therefore take leave
to say, that if any of them are converts to new
[opinions, they might at least have granted to
me, ns the Chief Magistrate, bound by oath to
support the Constitution, the benefit of the
new lights of reason, which have been shed
upon them before they united with others, in
a spirit of unqualified denunciation, What
would they have me do l Would they have
me sacrifice the consistency of mv past life,
for party ends 1 Or, what is of far mote im-
order to meet an accumulation of debt and in
terest of fearful magnitude.
Yesterday, in General Assembly, Junius
Hill ver, of Clark, was elected Judge of the
Western Circuit, on die 3d ballot. First bal
lot, Ilillyer 79 r Hutchins 72, Harden 44, Walk
er 1.8, Da v is 17. Second ballot, Hiiiyor 112.
Hutchins 74, Harden 2S, Walker 10, and Da
vis 3. Third ballot, Ilillyer 155, Hutchins
63, Harden 4, Walker 3, and Davis 2.
lit tlte House, yesterday, a bill was passed
repealing tlte act of last year respecting the ex
tension of time for taking giants in the conn
tics of Early, Irwin, Habersham, Rabun, &c.
Mr. Hull, from the joint committee to whom
was referred the bill to repeal a part of an act
entitled an act to prevent the circulation of
hank bills under the denomination of five dol
lars, within this slate, passed December 24,
1832, and to prevent the circulation of batik
bills of any qlher denomination titan 5’s, 2t)’s,
50’s, WO’s’aud lOOU’s, repotted a substitute lot-
year 1841, as returned by the receivers of Tax
returns of the several counties. From which,
states the Comptroller, it appears that the lax
assessed for this year, amounts to the. sum of
§746,590 69. A large portion of litis assess
ment is returned against persons issuingchunge
bills, which by the act of the last session, were
required to be taxed at the rale of 50 percent,
on the amount issued, &c. and in case of neg
lect or refusal to return the amount in circula
tion by persons liable to tbe tax, llicy were.re
quired to be returned as defaulters, and taxed
$15,000 for such issues. Independently of
these assessments, the Comptroller believes
that the net amount of the tax which will be
collected, froth assessments on pioperty re
turned, will be about §230,000.
A bill was introduced in the Senate, this
morning, by Mr. Cone of Hulloch, to reduce
the taxes laid by the act of 1S40, 50 ptr cent.
Tlte resolution of tlte Senate, appointing the
30th instant as the day of adjournment, was
concurred in by the House.
In the House, this morning, the Biennial
Hill, which passed at the last session of the leg
islature ; was taken up on its third reading,
and passed, yens 176, nays 8. I have no
doubt of a constitutional majority in the Sen
ate for thebtll. lnthiscase-theconstitutionwir,
be so amended as to commence biennial elec
tions and sessions of the legislature, in 1843.
relations remain quiet and friendly. Treaties
with Great Britain not yet ratified, because
Texas has not signed with that knight errant
of abolitionism a treaty for the suppression of
the slave trade. No definite treaty of amity
commerce mid navigation yet made with tlij
United States. Santa Fe and Yucatan trans
actions occupy considerable space. Yuratmr
in the state revolution lias by consent 0 p t |,J
President, the use of the Texas navy.”
The disbandment of the regular army meets
with tbe approbation of President Uotisiart
In Galveston, there has been an active Tto
maud for Treasury Notes for the last u vo
weeks and they sold readily at log cents —
They are in request to pay duties, and it j s
supposed, will fall back to' old prices as soon
as the importing season passes, unless the Tex-
ian Government devises some new plan | l)r
enhancing their value.
portauce, both morally and politically, would the same bill to, authorize the chartered banks
they require of the Chief Magistrate of this in this State to issue notes of the denomination
formerly precluded ils profitable shipment.—
Why is tliis ? It is because in two thirds i f
the Union it is not used as a currency, ana is
gradually abandoning the country to depreci
ated bank notes and worthless shiuplnsters.
Democrats, it is your fust duty to stop this
process. The way to Mop it is to compel the
banks to resume. The longer that measure
is delayed, the more of the specie will lie gone,
the more difficult will resumption be, and the
less decisive will he the relief to the people.
“ Now's the day and now's the hour."
Erie,i hie Federal I n,an.
T!ic Democratic 3<';iuli!icau Party of
(•eorgia,
Consisting of Members of. the Legislature
and Visiters to the Seat of Government, con
vened in the popular branch of the General
Assembly on Friday evening last, at early
candle light. No previous call for a meeting
had been made. It was a simultaneous move
ment on the part of.the true representatives ol
ihe people and such of their constituents as
were present, which tlie iate glorious Demo
cratic triumphs throughout the Union invol
untarily impelled them to make, for the pur
pose of exchanging congratulations and hail
ing the, glorious-dawn ol a political regenera-
cy, which we hope to see shining brighter and
brighter until it reaches .the perfect day.
The meeting was organised by calling to
the chair, Col. Henry G. Lamar,’of Bibb, and
appointing F. H. Sanford, Esq. secretary. Af
ter which the Honorable Mark A. Cooper o!
Muscogee, was loudly called for, who prompt
ly responded to the call, and addressed the as
sembly in an able and energetic speech. lie
was followed hy the Hon. Edward J. Black,
of Seri veil, Win. 11. Stiles Esq. of Cass, and
Gen. Hit. A. Haralson ofTroun, who acquit
ted themselves in a manner highly creditable
to their well known patriotism and distinguish
ed talents. The several speakers were fre
quently fiilerriipitu i,y aiiiiiiiuiu unit prolong
ed cheermgs. Previous to the adjournment
of the meeting, wl ic.li took place about half
past nine o’clock, the following resolution, in
troduced by the lion. Francis IJ. Cone of
Green, was adopted;
IPsolad, That the Democratic party will
assemble at the Stale-House, on Thursday
evening the IStli instant, for the purpose of
nominating candidates to fill the vacancies
that have occurred in our Gongressional Dele
gation, and that each county tit the State, be
requested to send delegates to said meeting, |
equal in numbers to their representation in the
Legislature, and in the event of any county
ialiug to send delegates, thr.t the members of
ihe Legislature of such counties be received as
delegates.
HENRY (U LAMAR, Chairman.
F. H. Sanford, Secretary.
The Democracy, as was observed by one of
the Honorable speakers during the evening,
have yet to fight the battle
Unions Union, to surrender all claim to tlte
respect, by violating bis oath of office, in order
to gratify the Moloch of party l 1 ft hey would
have so great a sacrifice, then I am proud to
say, they will not receive it at my hands. 1
censure no mult for his opinion on this or any
other subject—hut while 1 award to him the
right to think for himself should he not ex
empt me from his denunciations because 1
cannot think as lie does 7
1 beg you to be assured gentlemen, that the
invectivts to which 1 have been subjected,
have in no degree disturbed my equanimity.
Amid the torrents of abuse, no matter by what
motive dictated, which have l-een uttered
against me, my “pulse has kept as healthful mu
sic,” as if nothing had occurred.—The light
reflected from burning effigies, has only served
to render the path of duly more plain. In
that path I shall walk, my confidence "being
in the patriotism, discernment and intelligence
of the American people, whose interests are al
ways best sustained by a firm observance of
constitutional requirements.
I tender to you, individually, assurances, of
great personal regard. JOHN TYLER.
I To Edward G. Crump, George Williamson,
[ John G. Cramp, William R. O. Douglas,
and Chesley Jones—Committee.
Ci EOi£ Ci E A LEU1SLATV R E.
Correspondence of the Constitutionalist.
Mili.edcskvillk, Nov. 12, 1841.
Yesterday, in the Senate, the bill to amend
the constitution so as to authorize a change of
venue in criminal cases, was passed by a con
stittitioiial majoiity.
In the House, the bill of the Senate, amend
ing tlte charter of tlte Georgia Rail Road and
Hanking Company, so as to authorize the re
moval of the principal office from Athens to
Augusta, was passed.
'I’l.® Gunurul Assuonliljr, nerieeaoly to n re
solution for that purpose, proceeded, at 10
o’clock, this morning, to the election of Judges
of the Superior Con its.
The elections resulted as follows :
Flint Circuit.—Ed. D. Tracy, of Dibb, was
elected on the second ballot. First ballot,
'Tracy 128. Stark 111, King 35, and blank 5.
second ballot,’Tracy 14.0,Stark 125,and KingS.
(Jctuulgee Circuit.— Francis II. Cone, of
Greene, was elected on-the second ballot.—
First ballot, Cone 112, Burney 57,11111 105,
and blank 1. Second ballot, Cone 156, Hill
112, ami blank 1.
Northern Circuit.—Garnett Andrews, was
re-elected on the first ballot. Andrews 179.
Echols 57, and a few scattering votes.
Southern Circuit.—Carlton H. Cole, was re
elected on the second ballot. First ballot, Cole
122, Patterson 70, and Kelly 57. Second
ballot, Cole 146, Patterson 69. and Kelly 33.
of one and two dollars, and to preset tbe flic
penaltyjbr failing or refusing to redeem such
notes in specie on demand. This report was
made the special order for Thursday next.
The following two bills were introduced,
which indicate a design on the part of some
of the members, to remove all obstructions to
free, banking, and to the issue of change bills
by any and every body. 1 hope and trust
that there are but few members who will sup
port such a policy, which, if carried into effect,
must destroy all ideas of establishing a sound
currency in our state. The bills are as fol
lows :
To repeal restrictions upon private banking,
and to provide for the punishment of frauds
therein, &c.
To repeal the 2d and 34 sections of the aci
of December-24, 1S32, tlte act of December
21, 1S33, and the act of 23d December, IS 11).
The following necessary resolution was
adopted :
That the Comptroller General be requested*
to report to this House, as soon as practicable,
th". amount of indebtedness of tins state, l>y
note, bond, state scrip, or other evidences of’
debt: also the net amount of taxes received
or to lie received, for the year 1811, and the
amount of revenue from other sources, and al
so the amount of disbursement from the treas
ury for the political years IS 10 and 1841.
A hill was introduced to repeal the act of
December 23, 1822, relating to interest on
usurious contracts.
Eastern Circuit.—Charles S. Henry was
id upon their j re-elect, d on the first ballot, without opposi-
cuergy, zeal and vigilance, will depend the ft- |siou : Henry 149, blank 23.
nal result of tbe great conflict which is ap- ! Middle Circuit.—John Silly, was re-elected
pronching. We have wiley and trench-j on the first ballot, without opposition : Silly
crons adversaries to deal with, who are now 157, blank 17.
forming, as they did in 1839 and ’ 40, a coali- j 1 had to close mjf letter while the bnllotings
tion ol unholy interests against the rights of for a Judge of the Western Circuit were going
ihe people and the Constitution of the Union.
Already are the northern Whigs rallying the
Abolitionists to the conflict, and when it
Eitracts from Mr. Woodbury’s Speech
ai Fanactl CKall.
Exchanges.—The real difference of ex
changes between two places, you know full
well, cannot exceed the cost of carrying specie
from one to tire other, or else specie would be
carried instead of buying a bill of exchange.
Now you know, also, that the cost of carrying
gold from the remotest points, St.Louis or De
troit, does not exceed two per cent. Hence it
follows inevitably that all the party slang as
to high exchanges without a National Dank,
is groundless; and that what trading politi
cians please to designate as five, ten, or fifteen
per cent, ns a difference in exchanges is not a
difference between exchange of specie; but of
specie in one place, and bad notes in another.
Such a difference they might find across on
of your own streets between tlte exchange of
specie for the notes of a broken bank. You
might as well call the difference between the
exchange of a sound horse for an unsound one,
in dtllercnt cities, a difference caused by their
distance from each other, rather than by their
unsouttdness.
Only last winter, (to give a practical illus
tration on this point) when exchanges were
quoted by political presses and bankers as from
three to five per cent, on New Orleans, 1 ex
changed two hundred thousand dollars of spe
cie i.u New Orleans for the same amount paid
me at New Yofk, without paying a single dol
lar for the difference in exchange. (Applause)
Nothing can cure such ignorant or specula
ting interference, but some little acquaintance
with the true principles of banking and ofcom
tnerce, and some restraining grace iu politi
cians liot’to make the public the goose to benx-
poised to be constantly plucked by a combina
tion ofspccnlators, sharks, and blacklegs. Had
neither of the hank projects been vetoed, those,
miserable schemes would both have fallen still
over, except for the public capital nud credit
comes on we shall find too many southern 1 No documents have as yet been placed be-
Whigs fighting under the iinconseerafcd ban- j fore the legislature, from which 1 could ascer-
ner. Mr. Clay and his discomfited horde of i tain the amount of demands upon the public
1 treasury, for the current expenses of tlte gov
Many candidates are bnllottcd for.
Milledg evilek, Nov. 13, 1811.
MlLI.EDGF.VILI.E. Nov. 15, 1841.
Kir. Bradford, senator from Crawford coun
ty. died in this.city last evening.
A hill has passed the House of Representa
tives, to authorize the justices of the Inferior
Courts of Richmond and Columbia, to have
a dividing line between those two counties re-
surveyed.
the iio.net>, jt!<n. »lie bill for the relief of
all persons who have been doubly taxed, was
rejected.
A bill was passed to increase the jurisdic
tion of the justices of the peace.
A bill has been introduced iu the House, to
repeal tlte act of December 29, 1838. relating
to retail licenses of spirituous liquors. This
bill contemplates the repeal of the oath provi
ded, in the act of 1838.
'The appropriation bill was introduced in
tlte House this morning.
The Senate adjourned early this morning,
on account of the death of Mr. Bradford, after
appointing a committee to make arrangements
for the funeral. The House appointed a simi
lar committee for the same purpose.
AIii.li:dgevili.k, Nov. 16, 1811.
Yesterday the reports of the Treasurer and
Comptroller General were laid before tlte leg
islature.— From the report of the Comptroller
the following abstract of the operations of the
'Treasury is made. Legislature—President
and Speaker's
warrants, session of IS10 192,678 50
Civil establishment, common school'
fund. Penitentiary fund, Military
and Printing hind, &c._ 155,515 93
For Western and Atlantic Rail Road 40,000 00
Sundry special appropriations 42,809 54
MiELFnGKVii.T.K, Nov. 17,1841.
A material step towards the restoration of a
sound currency in our state, was made yester
day, by the passage of the bill repealing the 4
per cent. law. 'There was no opposition to the
bill in the Senate, where it originated, but in
the House tiiere was some opposition, but not
strong in numbers. There was r. motion
made to recommit the bill to a committee of
the whole house, with the intent of amend
ing it so as to postpone its operations to the 1st
of May next; but this motion was rejected,
yeas 73, nays 101. On the filial passage of
the bill the yeas were 144, nays £6. 'This
morning no motion of reconsideration was
made, so that the hill requires only tile assent
of the Governor to become a law.
This morning, in the House, Mr. Howard,
front the committee on the state of the repub
lic. nude a report, reviewing the operations of
the-General Government, and especially the
measures adopted at the late extra session of
Congress. 'To the report resolutions are ap
pended, all which have been ordered to be
printed. This report is written iu strong lan
guage and with much ability.
MlLI.EnGKVII.LK, Nov. IS, ISli.
A bill has been introduced in tlie senate to
prohibit from sale or gift, all books, papers,
pamphlets, Writing paper, ink, &c. to any slave
or free person of colour.
A bill has passed the senate to extend the
provisions of an act to facilitate the recovery
of money out of the han'ds of sheriffs, coron
ers, justices of the peace. &o.
The General Assembly proceeded litis mor
ning to the elections set apart for this day:
Surveyor General. The present itreum
bent, A. M. Horton, was re-elected, 2d ballot.
Secretary of State. Gen. J. W. A. Sanford,
claated 2d ballot.
'Treasurer. Thomas Haynes, the present
incumbent, re-elected.
The General Assembly were proceeding to
the election of Comptroller General, when I
had to close my letter.
From 11,a Wtihsinghm ((in.) Stirs.
Sold Itolibery.
We give publication to the following li ner
in the hope that it may lead to the dJicciioii
of the robbers:
“ Dan-burg, Nov. 15, 1841.
Dear Sir :-M’c had a robbery in this iiendi-
horhood last Thursday night, that is hard^to
heat m a small way. Mr. Gilson Hopkins ;i
very old man, who has been a cripple‘for
years, and entirely unable to walk, j s u le
ant of a very small Log Cabin, will, noolher
white person about the premises, except a wo
man who is in some wav related to him —
About eleven o’clock on the night above sta
ted, the door of the cabin was suddenly hurst
open, and three persons in disguise rushed m
—one seized the old man by the throat, anoth
er gave the woman sudden notice of ejectment,
and the third seized the old man’s strong l,ox!
which he kept under Ids bed, and made oil’
with it. The box was found next day half a
mile lrom the house, broken open, and a Lag
of silver, containing five hundred dollars, and
i he pocket-book, were gone—tin; book only
contained about thirty-five dollars in cash—
Hut the best of the joke is. a bundle of papers
was found lying by the box which continued
eight thousand dollars in bank I ills, which the
scoundrels had overlooked, and was of course
return* d to Mr. Hopkins, safe and sound. We
truly live in an age of improiement. I do
not know that suspicion yet rests ot; any
son.”
INTELLIGENCE.
his consol idatiouists, have “set their life upon
the cast,” and they will “stand (he hazard of
the die.” Surrounded by the hungry and
monopolizing expectants of u United States
Hank—by high and protective Tarifl manu
facturers—by foreign speculators in the Public
Lands ol the Union—by a clique of voracious
Pensioners—and by a legion of black-hearted
Abolitionists,—they are deteimiucd to carry
on a deadly feud against tlte institutions oftlte
South, ns they are based upon the fundamen
tal principles of the Constitution of the Un
ion, and either sink themselves, or that great
charter ol our rights, against which they now
stand in a declared “ POSITION OF OPPO-
SI TION,” as their position has been most sig
nificantly defined to be.,
LeUhe people reflect upon this, mid they
will feel, most sensibly lee\, that the great bat
tle ,s yd to be fought. Soberly reflecting up
on this, they will look upon.the grenj achieve
ments they have recently accomplished as the
entering wedge which they have fixed into
the body ol old Federalism, and that there is
yet required a succession of mighty blows to
split asunder that deadly monster that seeks
the destruction of Jeffersoninii Democracy.—
Let the people then, he “up and doing,”and
think that nothing is accomplished until all is
won. Let them keep in mind the January
elections.
Balance iu the 'Treasury
341,003 97
31,156 00
From the iV. O. Crcsenl City.
Latest from Mexico.
By tlie arrival of theschr. Waterwitch, from
Vera Cruz, yesterday, we have received intel
ligence from Mexico to the last of October.—
Santa Am.a had succeded in placing himself
once more at the head of Mexican affairs. A
convention was called to reform the affairs of
the country—and nine tenths oftlte members
were men opposed to Bustamente, and readily
resolved to depose him, and elevate Santa An
na in his stead.
A letter da ed City of Mexico, Oct. l-lili
says :—“Government has just been organized.
On Sunday last, Santa Anna took (he oaths as
provisional President of the republic. He im
mediately named his ministers as follows:
Gen. Tomell, Minister of War.
Gomez Podraza, Minister of Foreign Rela
tions.
Cip. Castillion, Minister of Industry.
Francis Garcia, Minister of Finance.
Commerce and business here have revived
since the change.”
Bustamente, it is said, will shortly proceed
to Havana, and front thence to Europe.
Business is very dull at Vera Cruz, and the
only activity that was visible was in forward
ing goods to the interior. 'The country is re
presented as being perfectly quiet, and should
it remain so, it was thought trade would be
come brisk.
$372,160 03
The following is the reply oftlte President
to the letter from New Kent County, Va. invi
ting him to a public dinner :
Cedar Hill, Kent Co. Nov. 1S41-
Gentlemen :—Few things would afford nte
more pleasure than to meet my friends and
old constituents of this county at the festive
board, in pursuance of your polite invitation,
but the necessity which exists for my speedy
rctnrn to the Seal of Government, plarea it
out of my power to do so. I can, however:
eminent, the interest on the public debt, and
for debts due on account of the State rail road.
Until this is ascertained, an estimate cannot be
made ol the amount of taxation that will have
to be laid, to meet the necessary expenditures,
besides the receipts in the treasury from other
sources, which must he connected with that
estimate. The committees to whom the sub
jects of finances and internal improvements,
have been confided, will'no doubt report in a
few days; when we shall be able to judge of
the actual condition of the state finances. But
whatever may be the reports oftlte committees,
the people of Georgia should prepare, them
selves. to make some sacrifices, ifthey wish the
public credit to he restored, a sound currency
established, and a sure foundation laid for the
extinguishment of our public debt, and,the re
duction of all heavy taxes in a tew years.—
Front the documents already laid before the le
gislature, we have beet, able to gather the fact,
that the receipts in the Central Bank, from the
debts due that institution, will not be sufficient
to luce t the expenses of the government; and
as the slate possesses no other resources, it is
clear that an application must be made to '.he
people themselves, for means to support and
maintain the public ere Jit. It is true there is
a large amount of hank stock remaining un
sold ; but this bank stock is not at present
available. It may be made so hereafter, if prop
er measures are adopted by.tlie present legis
lature, by which that stock may be enhanced
in value. To raise means, and to reple.nish the
treasury, we must have recourse to loans and
taxation. I say loans and taxation, for both
are indispensable. With loans, we would pay
tlte urgent demands upon the treasury, and
with taxation we will be able’to pay, punctu
ally, the interest on those loans; and bv show
ing that we will have the means to pay punc
tually the interest, the loan will be obtained at
l Jr •*. *
Balance on hand Nov. I, IS-10 79,309 60
Received on General Tax of 1S39, 12,254 46
do do of 1841, 17,208 00
Received on state stock, being funds
from the Central Bank 221,600 00
Tax oil bank stock 12.13S 29
Dividends on bank stock 12,387 00
Fees and Grants, sale of lots, &,c. 16,662 68
$372,100 03
Tlte amount of appropriations made by acts
of December, 1810, for the political year 184.1,
was $132,129 11; the amount-drawn, $116,-
041 69 ; and the balance undrawn, $16,087-
42.
The amount of executive warrants drawn
during the year, on appropriations made, was
$238,325 47, and the total balance undrawn
of such appropriations appears to be $79,200
42. But tbe Comptroller states, that, from
this sum. the balances reported as undrawn on
the contingent fund for 1838, the military fund
for 1838 and 1839, and on the printing fund
for 1840, making the sum of $41,457 45,
should he deducted, in order to ascertain the
probable liabilities of the Treasury, for the
payment of outstanding existing appropria
lions. With this deduction, says the Comp
troller, the unpaid balance of definite and spe
cial appropriations subject to be drawn at the
Treasury, now amounts to tlte sum ‘of $37,-
742 97, to which the sum of §2l,0S9 64,
should be added, as the probable amount to lie
paid oft account of the Poor school Fund, to
he apportioned in December next, for the year
1841; making the sum of $58,832 Cl, the
present definite liabilities of the Treasury De
partment on account of appropriations.
Accompanying the report is a statement
showing the amount of taxes assessed iu the
From the N. O. Picayune.
Latcit front Texas and Santa Fe.
The U. S. cutter Jackson, Lieut. Gtover,
Com’g, front a cruise, and last front Galveston,
arrived at theS. W. Bar on the 6th inst. The
Hon. Thos. G. Morgan, Collector of this port,
returned in the vessel from a tour of inspec
tion to the different light houses within this
district. The cutter left Galveston on the 31st
ult. We learn, verbally, that the Texas navy
at that port, consist tug of the sloop of war Aus
tin, brings Archer. Wharton and steamer Za
vala, were fitting out, and would be ready for
sea in a few days. The expedition is designed
to act in concert with the Yucatan govern
ment against the Mexicans.
The Texiau schooner ol war San Bernard
also arrived at the Pass on the same day, by
which wo received the Galvestonian, of the
26th ult., from which we extract the follow
ing:—
“Wo learn from (lie Austin Gazette that
Alonferay papers have been received in Austin,
conveying the intelligence that the Texiati ex
pedition hud arrived at Santa Fe, and the com
missioners and volunteers had been cordially
received hy the citizens. The trade wastirisk
in Santa Fe, and tranquility prevailed.
From the New .Orleans Courier.
Latest from Texas.
We are indebted to Capt. Wright, of that
excellent steamer the New York, for Galves
ton pajiers as late ns Saturday, 13th inst.
The following items comprise every thing
we could find of a nature at all likely to in
terest onr renders.
President Lamar’s messngc to the Texas
Legislature declares that “Texas is prospe
rous. No system of finance suggested. War
against Mexico recommended with the navy.
No positive information as to the doings of
Commissioner General Hamilton. Foreign
Michigan
The Democratic party in A.ichigan have
carried their Governor and Lieutenant Gov
ernor Ity lrom four (o six thousand iusi|orily.
U ts probable that they have carried <-v< ry
Senator, eleven in all, which will give them a
majoiity, and it is said they wii! elect every
representative in every comity and ilFtiict m
•lie State, making an entire Democratic House
it Representatives.
j?li9*is»i|iiti Elections.
The New Orleans papers of Saturday, con
tain returns from thirty-six counties, which
exhibit the foilo-.ving vole. Shatuck (whig]
8,671: Tucker fioco focoj 9.252. The Demo
cratic ticket is undoubtedly elected. Gover
nor. Members of Congress and the Legislature,
will heloco foco. 'The Vicksburg 117/says:
“The State has gone to the devil beds lore-
most, and we care not I ow large the majority
against ns may be.” We think from the as
pect of returns it will he about lifieen hun
dred or two thousand. It is not worth while
giving the returns in full, ns many of tliotu
ar.p only reported, and arc differently stated in’
the papers.
Resignations.
The Richmond Compiler says that Messrs.
Banks and Smith, have both resigned their
claims to be tlte representative in Congress
lrom the Spolisylvania district of Virginia, and
that they are to rim the race over again. At
ihe former election Mr. Banks got the return
by « few votes, bill Mr. Smith contested the
seat.
An Act
T.i reduce the compensation of tlte members
of the General Assembly, the salary of his
Excellency the Governor, and other public
officers therein named :
Section 1st.— lie it enacted by the Striate
and House of Representatives of the State of
Georgia in General Assembly met, and it is
hereby enacted by the authority of the same,
That ihe compensation of thy President of the
Senate and Speaker oftlte House of Represen
tatives shall he five dollars each, per day, du
ring the session, and all other members of the
General Assembly shall be four dollars each
per day, during the session ; that e; ca men)! cr
shall have four dollars for every twenty miles,
coming to and going from the Seat of Govern
ment, and that no member shall have said lour
dollars per day, for any time he may have
been absent, unless such absence was from in
disposition of himself or family : Provided, no
member shall receive any pay, after lie shall
have left the General Assembly, for the bal
ance of the session.
Sec. 2. And 6c it further enacted ly die
authority aforesaid, That the salary <>! I |1S
Excellency the Governor, shall be tlirce
thousand dollars per annum after the expira
tion of the present term of ollicc.
Sec. 3. And be it further enacted by tbe
authority aforesaid, That the salary ot the
Secretary of State, the 'Treasurer, Comptroller
General, and Surveyor General hereafter to
he elected, shall be sixteen hundred dollars
each ncr annum.
Sf.c. 4. And be it further evaded by the
authority aforesaid, That the salaries of th#
Judges of the Superior Courts of this State,
hereafter to he elected, shall be eighteen hun
dred dollars each, per annum.
Sec. 5.- And be it further enacted by If
authority aforesaid, 'Flint the salaries oft- 0
officers of the Central Bank, and officers ol t 1
Penitentiary, shall be reduced, at and alter i 10
rate of twenty per centum on the amount no'v
allowed bv law. , .
Sec. 6. And be it further enacted by m
authority aforesaid, That from and a 1
passage of this act, the compensation ot > > ^
Printer shall he reduced at and alter * hc r ‘‘
of twenty per cent, on the amount now alio
ed hy law. ..
Sf.c. 7. And be it further evaded uy
authority aforesaid, 'That all laws, or F 1 ^
of laws, militating against this act, bo, o* 1
same are Iteroby repealed.
WILLlAAl B. WOFFORD,
Speaker of the House of Representative.--
ROBT. Al. ECHOLS,
President of the Senate.
Assented to, 11th November, 1841.
Charles j. McDonald,
* Governor,
