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rHOH THE UNITKDBTATEA TECEOEAEII, ] UNITED KT 4TBS DANK. ( 'f'VKNTV-Hf.'.OMi < CHORES* —Ist. SuBBIOK. Jluusc of l’ v cscnlatives, Min ch 14,1932. ( p csl , t • That * select comm it fee be ] appointed to inspect the books, and to , examine into the proceedings of the Uuiik of the U. States, to report thereon, end to report whether the provisions ol iU charter have been violated or not. that the said committee have leave to meet in the city of.l’iuladelphin, mid shad make then fimd report on or before Hie twenty-first day of April next; that they sh iil have power to send for persons and papers, and to employ the requisite clerk*, the expense of which shall be audited and allowed by the Committee of Accounts, mid paid out ol the contin gent fund of the House. REPORT OF THE M VJORITY. Mr. Ci.avtox, on behalf of the majority of the ('onnnlttec appointed on the 14 th March. 1832, to inspect the hooka, and examine into the proceedings <>i the Hank of the United States, made the following report: la obedience to the foregoing resolu tion. the committee under the same, proceeded to the city ol Philadel phia, and commenced the inspection of the books, and the examination of the proceedings of tlie hank on the 2ml ol March lust : mid, utter the most attentive nnd laborious Investigation which their limited time would allow, the majority have prepared the following report, which they beg leave to submit to the House of Representative!#, They believed, that, ns the House wished information more for the purpose of enlightening their minds, and assisting their judgments as to the expediency ol again renewing its charter, limn to nhridge it of the small remnant cl turn left for its operation, a hb< ral construe lion of the resolution would not be deem ed a departure from their trust; conse quently they have directed their inqui ries to two general objects. Ist. Whether the provisions of the ‘ charter had been violated. 2 1. Whether there have been any circumstance of mismanagement against which future legislation might guard, or which should destroy its claims to I aeth er confidence. On the first point, following the exam ple of a former committee, making a sim ilar investigation, without expressing any opinion on such cases us have been subjects of imputation against the bank. These cases they conceive to be six in number, mid are as follows ; Ist. la relation to usury. 2d. In relation to the issuing of branch orders, us u circulation. 3d. Tho selling coin, and particularly American coin. 4lh. The sale of stock obtained Ironi Havcranient under special acts ot Con gress. flth. Making donations fur roads nnd canals, nnd oilier objects. flth. Euilding bouses to rent or sell, nnd erecting other structures in aid ol ilmt object. On the first ground, the president ol the bank refers us to a statement marked iJ, nnd says itwill “explain the only eases to which this description might be con sidered applicable, tivo ot them beitii. - eases in which the board repaid the a mount considered over charged, filial in regard to the third, no application has been made for nay change in tlielorni o. the original loan/’ !Soe said statement mnked. io. I. To a question asked the president whether nay cases of disguised loan . nod domestic bills of exchange, had come to the knowledge of the pareiu hunk, in which the brunches had receiv ed usurers Inli'rest? He replied lie bad never heard of any. but made a further statement, marked No 2, in which lie stales that the usual custom is to « barge upon domestic bills of exchange, the rate of Interest and tin* rale of exchange, aim If tin sums united should exceed six pei cent, it is net usury ; nnd given mi expla nation in said statement On the second ground, the committee wiil submit document No. 3, and its in closures, in which the etiuso mid origin of branch drolls will be fully seen. Tin I'residect steles “(he inability el the bunk to furnish the amount of circulating me dium, which it was created to supply, became apparent at an early period. In n year idler its organization, the direc tors presented a memorial to Congress, dated Dili .January, 1919, requesting that nn alteration might be made in die •bar ter, so us to authorize the prmid ul and r t.diier of the seecntl brunches, to sign the n >les issued by those branches.'’ ♦-'re oopy of the me-aerial marked 3 A, in xv Ideli it is stated “ that, inasmuch as the ‘ net to incornto the snbseribers to the Hank of (ho l/niied rotates,' requires that ■the bills or note* which may he issued b;, order of tho s - nid corporation, stiall lc signed by the president, av countersign - ed by the principal cashier, it has been found impracticable to supply, in any reasonable degree, the required circirhitwn from t:ie bank and its numerous olliees of discount and depositc," it is, therefore, naked of Congress I ; permit the presi dents and cashiers of branch banks to sign and issue bills, r i be application was not granted. The president states “the (subject was resinned by another memo- Tin I. doled November ti lth, 1920. See copy of the memorial marked 3, (!, in wbi b it is staled, “under the charter it •Jins been'doubted whether the bank Inis power to authorize the issuing of notes not signed by the president, nnd counter signed by the cashier. Tho labor and the lime necessary to sign notes for tlie bank and nil iis branches, are much greu ter than either of those otliees can be stow upon that object; and lienee the bank has been unable to nut in circulation n Mitlieient amount of notes of tho smaller denominations, which the public most J want, and which are best calculated to -ervo the interest of the bank ” It then Us dint power lie given to the nr * *vt bank to appoint one or mere per e n -ign notes of the smaller ilemmii iiei .liieh wosnot noted up <n f : p.-eeident states the “application e.: ilia renewed, and n seieet com i »f the House of Representatives, r fled in favor of allow hip the np- 1 ;• ;:, , ra>*n» of signers, on ibe 27th of Feb rtV:y. 1823; but there was no notion ul X <\ use upo - , it. And he refers ns to I ’ pnnv nlet, voi viii. No. 1) | U i Jie Aral of December, 1820, tho I 1 President was instructed to cndcowor to procure the necessary change. He says, •‘iie reported on the 27th oi Febrnaiy 1927, that no action on the subject would luke place ot that session o( Congress, and, accordingly, tho matter was refer ferred to the committee on the olhces. See Doc. 3. c. He adds, “the opinion of Mr. IJinnoj, iMr. Webster, and Mr. Wirt, the Allot-! aey Omerul, was taken on the saojei t ol . issuing branch drafts.’’ See Doe.. 3. c. On the Kith of April, 1927 the following communication was made to the board i of directors: “The committee on die j ofaces, to whom was referred, of. the wl , of February last, the report ol the presi | dent of the hank, staling the unsuccess- I ful result of the application to Congress ; for an alteration ot* llio cduirtcr, whiuli . would authorize the signature ol notes ; by other persons than the president and j cashier, report that, in various parts ol ■ the Union, but more especially the south- ; era and western sections, there is a con stant and unceasing demand at lue offi ces for the small’ r denominations ol n te-, wliieh it is impossible to supply. ’ They therefore suggest tin t the “discount officers should bo instinctcd to draw checks on the cashier of the bank for smaller sain . i.m they have hitherto ■ been in the habit of furnishing. In order to save the Inina- of preparing such cheeks at the ofiiecs, as well for tlie grea ter security of the bunk nnd the com munity, it bus been deemed best to pre pare the blank forms of it unijorni appear ,'ttin', mid to distribute them from the parent bunk. Such forms have been lecordiagiy devised, and are now sub milted to tlie board with ibe recommen dation of the committee, that dm experi ment be (riei!. and, it bniml iisetui to the 1 community, be jr. t:h tncniiy adopted, Sec Doe. 3. e. ’I he document marked 4. d. is a oor respondenee bet ween t.ie president ol tlie bunk and tlie Secretary ol the i reasnry. on tlie ebaraeler of there bank drafts, which lias already been priuled and sub iiiilted to Congress. 'l’iie iinpcr marked 5, E, contains in structions to the iir.meh banks ns to tlie issue of brnneti orders. On the 21st of April, 1927, the cashier of the parent hank writes a circular to the respective branches, informing them, among oilier things, that Ibe directors have ••deemed it best that blank firms of mi nr,if inn no penrnneo should he piepnred with rfm • and ciirr at tin* parent bank, and thence , distributed to sne.li of tiia Southern and Western olliees us seem to stand must in i need of them, or to be able best to em ploy them usefully. Enclosed I send von n specimen ol the 3 mid #lO blank , drafts adopted. After being numbered, registered, and appropriated here to eer • lain ofiices. a supply ol theei wil: be for warded us soon ns passible, with instrue i ti.nis to tlie cashier ol each office to have . every four hundred drafts in succession, and as they may be w anted, filled in the 1 order of some one officer el Ibe brnneli. by whom they must be endorsed lenglh | wise, and about the middle ol the draft. 1 payable to bearer, before they be signed by the president and cashier. V\ hen I completed, they are to lie liirnislied to life i customers of Ibe bank, or other persons f wdio may wish t i procure (hem The . entries respec tie.g them, belli here mid at the branches, arc intended for conyrninirr fni/cc.. to Ikj mialogons to those of hrunih riitrn. T(i«’ir iraij t aider the denoim nation of l;i"i udi drifts, is to be similar ly acknowledged by the cashier, mid in inplienle tlinuigb the respective presi qeiito. Th.ev are besides to lie ivpoi tiai .a the weekly state of tho ciine, as la' ineti draft paper reewived, used, and on band. And whenever they may he transitrr between tho offices, mast lie so noticed 1 nt the foot of tlie statement, like other packages.” . On the 7th of January. 1931, a resolu . linn passed tlie hoard to issue dratts of . (he denomination of twenty dollars.— These branch or ha s. when discharged I.v ih parent bunk, tire again reissued by that bank when it lias no small notes oi* its own. The paper marked dF. con tains a statement of the nmoiiut ofbiiineb .Ii nfts Issued on hnn.f, in cirenlation. and li.e < (fices I ini whence issued. I’y this ia!de it will be perceived ilmt tij;lo,7>l (ido (ui'-e issued: #3,371,041 arc on bund: nnd #7,110,030 are in cirenlation. The foregoing is a succinct hintory of the issue ofbruiicli drnlls. V\ lielher it can be justified under tlie ehurter of the bunk, the committee will leave to tin hotter judgment of < Jongress. The third case is the selling coin, and pm lieiilai iy the American coin. Tlie attention of the committee was drawn to Ibis subject, by the fuel (hat the tien eral tfovernment hud, on one occasion, to pay tin- bank two per cent, on ten thousand Spanish dollars, which it wtni led fertile benefit of the navy, in South America. To an interrogatory pat io the |> rt .sjdeat on Ibis subject, be replied, “The bank is authorised to deal in bid bon. It buys uiul sells bullion. All 10-1 1 eign coins are bullion. 'I here being aj I. gm lender, does not make them the less liuliion. and the bank having bought bem at a premium, seili- tin in at a pre mium. The obligation of the bank is. to pay the claims on it in coin. American . Coin, or legalised coin; and if the foreign coin is worth, intrinsically, or commer cially. the didi-rence in value must be worth the ilidl rence in specie, and there seems no reason why tlie bank should j sell its bullion, any more than its bills ol i exchange, nl less than their value.. He j then refers the committee to a corres , pondence. marked No. 4 Although the bank m tod under legal • advice, it may he well questioned w belli- | er foreign coin is bullion. The Consli- ! liition gives to ( oiigi’ess the right fore j gulaleits own and foreign coin; when, therefore, tho latter has n value prefixed i I to it by law. and is suffered to be used. | with that regulated value, in like man ner with our ow n coin, it would seem I not to have lost the name and character ! of coin, nnd is made by force of law.! wimt it would be. if carried through the mint, and subjected to the condition of ear own coin: unit, therefore, to deal in it as a commodity, is calculated to dis turb its legal value, nnd render nt least that portion of the mctalic currency un certain and fluctuating. If. however, tlie com iltee have taken ;« Wrong view of this subject, so far us Ibreign coin is eonOci ned, it scorns by the statement of tin president of the bunk,to be virtually admitted that c;;r fl nimviu own coin is not. bullion, ami, therefore, does not come within the objects ol trade allowed to the bunk by tho Dth fundmcn tul rule ol’the charter. By reference to the statement ol’specie sold by the buti-t, marked No. 24, it will be found that the sum of #54,73l 44 of American gold com has been parted with. . . The 4th «;ase is, selling stock obtained from Government under special act ol Congress. 'l'hey have thought it then I July to present the subject to the consul* ! oration of Congress. It is necessury here to observe, taut ; the charter must have intended some j meaning in prohibiting the Bank bom ! dealing in slocks. There is, perhaps, no ! subject so fruitful in speculations _as : stocks, and none which in so Iluctuating and liable to be inttaenced by the shght ; ost causes, often producing rum or nn | mense fortunes in the most sudden I manner. To prevent such a great mc -1 nied institution then as the bunk, Iroin 'dealing in this article, which its vast j means could raise and depress at pleas i are, seems to have been a wise provision iin the charter. The right ofthe bank to i acquire or sell stocks, is a special one; ilt must be done by virtue ot an act ol ; Congress. The charter itself provided | that a part of Us capital might bo paid i in the stock ofthe Government, and that such stock, particularly, might be dispo ised of. But the committee suggests, i whether this will apply to other stocks . 'obtained byvirtue of a srbsoquent law jof Congress, unless that law specially confers the power to dispose ol it. In ; two important loans obtained Iroin the j Gov ernment since the charter was gran ! ted, the bank lias parted with a valuable j stork ; ami Uk j sc*cases will illustrate the j point now submitted to Congress. W hile (he committee refer to the transactions ofthe bank in the funded debt ol the C niled {States, for the purpose above men tioned, they also have in view the pre sentation ofthe subject, tcsbr\' ,r.0.l only the manner of disposing of that slock, but whether it was not contrary to the express understanding with the Govern ment at the time of obtaining the stocks. For the loan oftfltl.OWMM) «t‘u per cents, made in IH2I, and the ®5,000,W00 ol U per «‘cnts. made in December, iKI-i, there was strong individual competition, at a pre mium for n pnrt, or the whole, against the bunk: yet, the bank had a preference over the individual offers, upon the prin ciple that it would be more advantage j mis to give it to the bank at a reduced rate, mid participate as u partner, than to give it to individuals ns n premium. This was continued of the Treasury. Jhe president ofthe bank, in a letter dated 15th December, I*2l, which will be found among the documentary testimony, alter saying that he had taken the whole ol (he #-5,000.000 loan at par, says, ‘ and since we have taken the loan at par, on the distinct grounds ofhav iug the means of doing it, it would be advisable, in cv . cry point of view, not to sell nay ol the F'widit hum in Boston.’’ By u statement of tiie amount of funded debt sold by the Bank, marked No. tv, i( will be seen that is early as June and July. I '''if), the year after it was taken, the Bank began to sell this stock, and continued to do so, s a premium, and sometimes atn loss, up to tho 27(1i day ot Novem ber, 1*23, on which day they find dispos ed of all but ifSUiLo ft-, and that too, a a loss of #4,4411 J 4, notw itbst n ling of (its were made by individuals, lor a largo amount, at a premium, and reject ed by the Government upon the princi ple before staled. Tiie mime document shows, that there was between February 1*2!). and October of the same year, sold of t In* ifr-j,000.000 Florida I an, #1,714,201 at a loss of #17,(501 (If). For this loan the committee are not aware cf there being any oilers Ivy individuals, at a pre mium. 'l'bc same document shows, that between February, 1820, and February. iS22, the whole ofthe #1,000,000 loan, of 5 per cents, of I# - .: I. has been disposed of at a premium of #13(5,783 25. The pre mium paid for which, at the time it was taken, was provided lor in a semiannual appropriation of #<lo,ooo, in the report o tho Ist of July. 1821, be lb re adverted to. By these operations, it will be perceived that, if the hank is allowed to sell stock, acquired by special agreements with (In Government, it can secure, by specula tions, all (he advantage which the Gov ernment might possess, in pulling up its loans to the highest bidder. I( not only destroys competition, but takes the loan of the Government from other individu als. who would have given n premium for it, and which the Government refuses, because it expects to derive a greater profit in another way, but in which it may be defeated, by an immediate sale of die loan, end which, iftho right to sell by die bank is H>4ino\vledged, might have bten made directly to those very individuals who bad just offered a pre luiuni. In relation to the four million loan of 5 per cents, of i*2l, Mr. Ghovcs. in bis report on the Ist Oct. 1*22, says; ••The four million loan of live per cents, are lunger irredeemable than any other slock ofthe Government of the United Stales, and lienee, probably, this stock is more valuable than any other slick of the I nited Stales.’’ lie also says. ‘‘lhe more the bank can retain oftbis stock. , the better for the institution." In the, j whole of which, the eomaitflee most ful ly emirar: for it limy he inentHMied with I feelings of pride, that such is (he high j credit of the Government, its stock is ■ better than specie, mid wotdd be to tiie j bank, in any emergency, precisely the ■same. The committer* proceed to mention llic ( otb rase, which is mailing donations for | reads, canals, mid othi-r objects, th-* a ' mount of which, is. #l.(<2lMt(t. qs will ap- I pcarby docunent No. 7. Two of the i largest ofthexe items, amounting to throe ! thousand dollars, are for turnpike roads | made, too, idler the General Government j had declined to make appropriations for | similar objects.* A question would naturally arise, who j ther the public funds j n the bank, for ! that institution is expressly founded up on the principle (lint it if necessary to. and constitutes n part ofthe Treasury of the United fSfates. can be appropriated to objects indirectly the officers of that institution, when tiie Government direct ly refuses to expend its revenues on the very same objects, Tiie committee have looked in vain for any authority in the •The president furnished this statement with out ex laining the g omuls of these donations, an explanation having bccnparticulariy required effcim, i charter to give away the money of the J stockholders. Iftho charter contains the powers by which the bank ts to a< I, ail they are to be strictly pursued, there is then no grant to make gratuities loi any object whatever. . r The consequences ofthe exorcise of such a right, might be fraught vvidi very great injury to tho stockholders; certain !y with dangerous interference in -he ri val trade of different sections ofthe coun try, and of pernicious influence upon the operations of Government. The committee approach the last ground, which is the biiihbng houses bo rent or sell, and erecting other structures in aid of that object. They wi.l merely present the fact and tho law, and leave the house to place their own construction upon the case. , . By an extract from the minutes ol t be hoard of directors, communicated to the Senate on tho 12lh day of March last, the following facts appear, viz: The committee on the offices to whom was, this tiny, referred a letter to the pre sident, from George W. Jones, agent, tinted May 23d, recommending to the bank the construction of two canal ba sins, and the erection of warehouses a round one of them, according to the plan submitted by him, recommend to the board ihe adoption of the following re solution. . Ucsokfl, That the board approve of the formation oft wo canal basins ut Gin einntti, proposed by Mr. Jones; one ol them to be on square number filly live. (So.) and the other to he on the square ol ground between Walnut nnd N iue street-:, and I 'anal and fSt Glair on Gourl streets; and that he be authorised to e reef forthwith, ic,i rehouses on ike n.nrgm of (ids last mentioned basin, not oxeee iug six in number, either in one block, or separately, as lie may deem most ex pedient, for liieinterost of the bank. (To he continued in our next) FROM TIIF 90VTHEK1 BKCOBUFU. MILI.EDC.EVII.LE, Miiy 7, 1832. Agreeably to the recommendation of the Cfiii trnl "Committee. tho delegates hereinafter named, fiom the counlies prefixed to their names, convened in the Senate Chamber, m the town of Milledgoville, to determine upon the arrangements necessary to lie made for the call of a convention, to bo holdcn for the pur pose of amending tho constitution of tho Slate of Georgia. . , _ . General Mitchell, chairman of the Central Committee, briefly explained to die delegates assembled, ihe object Ihe Central Comiltee in view, in recommending the appointment ol delegates bv the several counties in this Slate, and their convocation in this place. 'fire Secretary called over the names, of tho counties in this State, and it appeared that the following Counties were represented by the fol lowing delegates, to wit: I rom the county ot Baldwin, Seaton Ghanti.ami, Lsq. Ibbb, John I.amak, Esq. Burke, Dr. S. HaiU.ow, Cla:ko, Judge Ohahi.es Douc.iiF.mv, Columbia, Simmons Ckawfoi.p, Es j. filbert, ticn J, V. llamas Esq. G erne, Wm. C. Dawson, Esq. Gwinnett, Dinks Molt, Jun. Esq. Hancock. James Thomas Estp Harris, llor.KttT S. Hardaway, Esq. Houston, Dr. David Jamison, Jackson, W. I’.. Jones Esq. Jasper, John Hii.l, Esq. of Hillsboro’. Jones, Ivehson If. Jones, Esq. Moor o, Gon. Ei.ias Be ot.r., Mo.gan, EuoeniusA Nisbet, Be i. Oglethorpe, George H. Young, Esq. Putman, 1 miv Hudson, Esq. Taliaferro, Col. AncmnAi d G. Janes, T oup, William Dougherty, Esq. Twiggs, George W. Welch, Esq. Walton, Hines Bolt, Sen, Esq. Washington, John Peabody, Esq. Wilkes,'Col. Wm. C. Evman. Oh motion of Mr. Crawford, of Hancock, (ho following resolution, presented by him, was a dopied: llesoleed, That Ihe members of the Central Committee, and the special Delegates of coun ties, will deliberate in united council, and that the body thus formed, will transact business in accordance with parliamentary order. i ’fire following members ot tho fcntral Committee present, took their seals with the special delegates. Gen. D. IE Mitchell, Judge Lamar, Dr. S. Boykin, Col. S. Rockwell, Col. James M. Chal mers, John 11. Howard. Esq. Parish Carter, Esq. Williams Riitheiford, Esq. Joel C.awford, Iraq, and Wm. IE Torrance, Esq. The meeting then proceeded to organise, by calling Gen. 1). IE Mitchell to 'the Chair, and apeointing P. C. Gnieu, Secretary. Mr. Crawford of Hancock, presented tho fid lowing resolution, which alter being read, and amended, was adopted in tiro words following: lie sol red. That a committee of nine members he appointed by tiro Chair, and instructed to iu (|iiire and repoit to this-body, what sections or clauses of the constitution relative to tho ap portionment and equalization of the members of the Genera. Assembly, with a view to a reduction .of the numbers it would be cxuedicnl to amend; the days on which it would bo advi sable to hold an election, of delegates, and tor said delegates to assemble for trio purpose of making said amendments; designating in said report, the most suitable apportionment of del egates among the several counties of tho Stale, and the manner ofholding elections for the same. Agreeably to this resolution, the following gentleman were appointed members of the committee:—Major Crawford, of Hancock, Judge Lamar, of Baldwin, Judge Dougherty ofClarko, E. A. Nisbet, Esq., of Morgan, Col. Wm. C. Lyman, of Wilkes, Dr. 8. Harlow, of Bu.ke, Gen. E. Beall, of Monroe, I. by Hudson, Esq. olTu’nani, Col. f 5. Rockwell, of Baldwin. Tho meeting then adjourned to 9 o’clock to morrow morning. Max S. The minutes of tho proceedings of yesterday were read and approved, Col. W. Jones, a delegate from Lincoln, and James McLaws, Esq, a delegate from Rich mond, attended, presented their credentials, ami took their seats. Cal. Rockwell, from the committee appoint ed lo enquire and report what sections and clau ses ofthe constitution, relative to lire apportion merit and equalization of (he members of the General Assembly, with a view to tho reduction of lire number, it would be expedient lo amend Arc. reported a set of resolniinus and an address lo the people of Georgia. The reports were road, and, on motion, tire resolutions vx>ere ta ken up by paragraphs, and adopted, with the preamble to rear! as follows; Tho committee to vvliom was referred the du ly of ascertaining ami reporting “what sections and clauses ofthe constitution, relative to lira apportionment and equalization of tho mem bers ofthe Gendrsl Assembly, with a view to the reduction of the number, it would bo expe dient to amend; the day upon which it would he advisable for the people lo hold their elections fir. delegates to moot in convention, for the pur pose of making said amendments; the day upon which said convention shall assemble: the num ber of delegates to he elected f.orn each coun ty, and tire manner of holding the elections for such delegates,” respectfully submit fur their repot I in part, tiro following resolutions: Resoled, That the several counties of tins Slates be, and they are hereby respectfully re commended, lo elect delegates to the Conven tion to be held for tho purpose of reducing end equalizing tho representation ot UlO people n the General Assembly, in number equal to the number of representatives in the most brandies of the General Assembly, at the time of the election of the delegates. Resolved, That the counties of this Sfa.o a.c lespectfully recommended to hold uoir elec tions for delegates to the convention, on tho first Monday in November next, that said elec tions bo held, superintended and conducted ac cording to the manner appointed hv law, loi the election of members to tho Legislature. Resolved, That it is expedient that the nolo cates elected shall convene in the Stale House, h, the town ofMillndgcvillo, on the feet Mon day of February, 1833, for tho purpose pf alter hi-r and amending tho Constitution of Georgia, inflation to the reduction and equalization ot the representation in the Legislature, and that that day be, and the same is hereby respectfully named and recommended as the time lor Hie meeting, of the cotomplaled convention. Re a red, That such articles, sections and clauses of the Constitution of Georgia, as relate to the organization of the Legislature, requite amendment; that tho amendments, alterations, or additions to bo made, should he confined to the reduction ofiiie number of the General As sembly, and to an equalization of the represen tation of the people in both branches of the Le gislature; and that we recommend that the a mendmonls, alterations, and additions, thus to ho made, ho submitted to the people, far their confirmation or rejection. Resolved, That it bo recommended that the several delegates elected to the Convention, bo the bearers to that body of tho election returns from their respective counties —the Convention, as all such bodies do, exercising the right of de termining, on the sufficiency of such returns. Resulted, That the address herewith present ed, be received as part of the report of this com mittee, bo signed by liie members of this Con vention, and ho published and transmitted to the people of Georgia, with the above resolu tions, and the documents accompanying tho ad dress. The address was then taken up, road again, and adopted, as follows. [ADDRESS IX OUR NEXT.] The following resolutions were unanimously adopted: Resolved, That tho thanks of'his assembly be presented to Gon. D. H. Mitchell, for the very satisfaetoiy manner in which lie has presided over its deliberations. On motion, it was Resolved, that the thanks of this convention be given to P. C. Linen, its Secretary, for (ho valuable services ho has ren dered this body dining its session. Tho Chairman adjourned the meeting situ die. WATUUHAV, HA V 12, JIH33. _ “ i 5« juM, urn! fi*«r jm»i. h TWKisUKY BILTi. Extract of a Idler In the Editor, from H ash ington CUtj. “ I enclose yon a second Van Buren “bill of abominations.’’ 1 likewise enclose tho present rates of duties, that you may compare thorn with this now jtreijet of the .Secretary of the Treasu ry. Your fiends hero expect something f,urn you, in regard to this decoy-duck.—'Will any Southern member, to smooth Van Baron’s path, dare to commend this “judicious tariff,,’ after talking of secession, on account of its elder | brother? If they do, I hope they will nice j with their just,evvard.” N K *.v FV a LIC AT 11 } NS. w liavo rcci ivod from the publishers, a copy ofcacli of the following woiks, through the hands of Messrs. Rnuuuos »V Gamaui., by whom they arc for sale. “Lives and Voyages of Drake, Cavendish, and Damprior, including an intaoduclory view of the earlier discoveries in Uio South Sea, and the History of tho Bncaniers; with Portraits on steal’’—Published by J. &J. Harper, N. York. “ Working Man’s Companion—the Bights of Industry: addressed to the woihing men of the United Kingdom ; by the author of “ Results of Machinery”—capital and labor—First American edition.” Published by Carey and Ilait, Phila delphia. Wo have read a portion of the former, with considerable internal, anil find it stored with much useful and attractive information. And from the “introduction” to the lal'cr, and a glance at its pages, in various parts, wo should judge that the subject (which is an important one, and addresses itself to every member o* society) is ably handled, ami discussed on liberal and enlarged principles; and that the vol.- winch is small, containing 213 duodecimo pages —maybe read with interest and profit. For Contents of the A; ril No. of the North American Review—which contains several in" ten-sting subjects, ably discussed—see adverbs" >ng columns. COTTON CHOP OF IS3I-32. We arc indebted to a respectable or.il iiuclliifent incr r.hant of ibis nij-.fir the Billowing Ibiiir.ote of the Colton Crop ofl?3l-3->, in Hie fniu-il .-'lutes : Actual receipt hi \. Orleans to im Him. jgo OCU Ksiiumted receipts tV. in Ist Way lo Ist October, from loiters of re, jiecluble inereliams, t-a.ltlta SK.t'JO •'em it receipts m .Mobile, to 1 n Way, 119,000 To be. received up to Ist October 5,Di11) 121,000 Pedncl lids amount shipped to.V. Or leans mid embraced in export* from both places, 10,000 J (Ft,COO I’.xparls from die Gulf of Florida, lo oilier places titan New Orlmms, in ert) Total exports from die Gulf of .Mexico, 4Us,WH) F.sporls from Savannah and Charles ton, in Ist instant, a-’i.npo Stock in both places, 7a tItJU 11a. in die interior of Geo. and S. C. -35,000 4f1!,0C0 Gsti mated exports from N. Cu. XV a. 00,TO) 1132,11(0 Allow for short estimate s.ocn Total crop oflhc I). 010,000 Snpposimr the Stuck of old Cotton reinamiag over, in the pons of New Vork, Huston, &c. on die ) t t irtoUr Inst, to have been 10,001) bales, and that it will be less by ■JO,OOO bates on the ‘Jlst October Hem, and, udnihtine tlie i slock*in Clmrlestmt, Savannah, and Augusta, to he re-1 deceit to 10,000 bales at die same period—it vii: l-ave ; 350,000 bates of American Colton to supply the wants of, die present year, The consumption efdic C. S. will !.c, 210, n o i Leaving tor foreign exports, 733,«Wi I France and the coniiiiciit, will need, i. is said, 22.5,0hu Leaving fertile supply cf Great Hiiiain 51.5,(00 The present Stack in Augusta, is 22.000 hales, NULLIFICATION, AN U TUB TRACTS. A gentleman of ibis city, who lias lately tra velled through Wilkes, Oglethorpe, Ciaik, Greene, and Morgan, inform? us that Nullifica tion is rapidly speeding in those coon-ice, parti- culaily among those who inv«sii« H i 8 --; , He has brought requests from ti-aiiy, wt' ] " plied with the past and future Nos. and lias no doubt that nullification ' few months, become the 011-prevaili,,'* j.V’ throughout the State. Wc may te '‘'j.'. * that he was not a nulliSer when he le - *' but has returned one. A gentleman m Alabama, writes to h .. in this flty—“Toil Pombei ton.that Lis becoming more and more popular in th : sSr' every day. They all admire his ciple?. Tell iiim, also, to semi c. a Tracts out this way.’’ I Lxtraet of a letter to the editor, f lom 3r I croud gentleman cf much wortli, inielliaenc', afid inlhience : “I thank you fur your attention, insenJinm copies of the Political TrucU, Chancellor if ptu’s speech, and the Proceedings of ■ Stale Bights and Free Trade Convention.;, in Charleston, &c. Tiie crisis at which liie Slate of South.., iinuhas arrived, in this mailer, and, indeed. Southern States generally, is rortainly on,j transcendant importance to ovory pitriotof. South, whatever may be the relation lie rue, to his fellow-citizens. Without tw-snniino tU olfioh of a judge, in this case, between the fa. oral Government and the States, I hope it btut too much, lo say, that the case involvtsa;-*;. pie which it is high time was settled,'tluij, juiisdictional boundariesof each might be belts known and settled—& that, in the future opea lion of their respective laws, (lie harmony ofii Union should not be distmbed, or jeoparded i tho conflicts of party or sectional strife, and il unwarrantable assumption of the map-in-, t: impose unconstitutional burdens hi on the mi nority, and entrench upon their cons'iiu'ioml rights. And it does appear to me, that the polj. ey now submitted by Chancellor Harper, m! first devised by the “Master workman of cm Confederacy,’’ Thomas JrrFF.rscx, cotitwj within itself, all the means of cfiecting sodcsi. niblo an object; and that, too, in a niautei* onco peaceable and constitutional, “ In the (Went of any serious calamity {twin out of the present state of discord and comm, lion, I should not feel nt ease on the reflectientt withholding my feeble advice from my countiy men; and it m'ght be too laic to raise alnieiil cry of what ought to have been done, when oa liberties have fled. There is-notliingal'.iiii-rtl: ly nature but what 1 feel free to tsaorifme.firth preservation of civil and religious liberty. Ft these I have already suffered much, fiomn a hors, and from brclhern, but count it ;dl j-iyj be persecuted for righteousness sake " Wo have a number of other inle-i-ti-i; « dunces of the progress of the dnrtiinr, w’dr want of room will not permit us to puli'i-ih v present. “A MISTAKU.” A writer in ll*e Constitijlionafist of Ti - ! under tho editorial Hoad, has some must rriiotis giving* out” about an “opinion,'’ ill "r Nnililiors of C irolina “coii'eim-hla tin i-a; electionoH ing influence on the Gco-gimi?. IH then, iivi h«*, “this must he a mist.ikn " T it is a mistake. And, since he 1 1 ■ 1 ■ why alibis oblique hints, imiendoe*, I'aiV--- nations, and eovort ill lists, against 11 mmni potation,” on a mere “ opinion," anil opinion ha twice doclares must ho a mk '' Ho talks, after a somewhat lordly an 1 lory maimer, of what the State, will do. ani >' not do—what eiio will permit, and whatrl will not permit—what '‘ire. (.lain)," v.liat "i are determined” of— what “will be bestowed” —and what “ some pc.sons v b our limits have la!te-Iy attempted”—as to: hr., like ifto Vrcnch King, considered him Slate, and tiiat “some persons within ifsliuiik have not equal rights with iiimscir, if tw: all. But, “I am the. State," is a docttiimr ' suited to tiie free, State ofGeoigia, wlirrc. i 1 ” ever uncongenial it may he “to cars polil. every citizen will, equally with him, “i.l.nni ” privilege of deriving In's cnmipols, from the v■ • tul stock of his own wits, great or small," 1 lertr.inoil noillier lo be fiowned mo; - siniled).- his course.” He declares, tint tiie attempt, mi the pm' some persons, within our limits, to si-tw' doctrine of nullification, is a corn;>lrto F Now, “claiming as wo do, the privileged ' riving our counsels from the rapii.d slot*- ottr own wits, great or small,” and keo-vr.' wo do, something more of inis matter Ins‘-' we beg leave to tell him, that this i? as “mistake.” Tho doctrine of riullificntiou iss; 1 ding rapidly lliroogtl the Slate, and many p p,? once violently opposed to it, because ig 3 ' l of its tine nature, and blindly prejudiced 3 - it, have fottml out their “mistake," ar-d d mined lo correct it—and requests for the * n p are continually increasing frem every (jtiartcr.- “iho whole system,” wore, ns he cturr.v'-' “the veriest phantom of mnonshinc nnu r &c., fie would do a more acceptable scrv;“ liiose who are deluded by il, by proving >? ' so, than merely asserting it. They whom tain it, having no reasonable motive to “ beyond a conviction of its correctness, '-x i - themselves always ready to bear vvimt be-• •tny one else, mav have to say in ot-rosit- 00 it; btit, “claiirir-g the privilege of" ti.iiikinf-" judging for themselves, they will anqiiM bly retain tbeir own opinions, til! lie h-’ ls ! 1 ""' shown them tint bis are bet’er. It be l'- !! ■ thing to say against Nullification, or the cates of it, either licre or in Carolina, or - - any part of their enudnet, wo call »; !,n lay aside bis !*in*-», insinuations, find and corns on" o: cnly with Lis clia res s-'l - bke one Ivorsestly sritisflc-il 1,1 j truth Rt-.d validity, and we will be prc| 31 ' ' meet him w’h n.i: openness, and it- 4 - dcei-iimi la Iho p- Id;.-. . , “We." 100. “ arc sorrv lo hcaroi ati n which f -inoe tiie appearance ol his orlicl*'] ■ ginning to extend through our cati-n.- 111 -." ■ elation to the movcmen'.s of some oi t' lo l r neat politicians in” Geo gia. “B a p; C‘- - ' suspected, that they ronlemplatc on<r ? .' , flucnco on tbo Georgians, v, ;.u the h°i f interfering with the just ilglitol each ana one of them, to think, and judge, and t liimsclf, on the best mods ot pr- niot ,r - public interest—and that he, hinisc.l, f •' v has assumed the position of Dictator in - “This must tyt niiitake.” Ho is “do-‘ present