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EKBS REPUBLICAN. nr * J. CLELAND, City and Covnty Prixter. ~~NOVF.AIBGR \T>,’lSB. Daily Parrr. ** per Annum 6 months. < * Counttj 3 per Annum : -for U laaath*, »J. (I'AVVIl.r. ISC A'»\ VNt'K.) Jfoos - «*4 *&* .tlr.rti'tmnt*, appro* in bn-.k Ttj.em. O* office at tin* corner of Bay an I Uofl-atreetf, over Mr. /. B, Oaitdry’s Store. SavanutiU fflurket^ flfov* (CORRECTED YYKBKLT.) Tite con sequences tlmt followed were natural and inevitable. The mean* in tho Central Rank applicable to loan* which, had thcrctoforobeen ill* creasing bv a rapid and uniform progression, be* BUTTER—Go*hen7ao 9 37 «nu V >*■ „ ,, Oieneo forth liroRrcwiun. began thenceforth pro- BilANDY—Coen." nh prunf, *1 40 » 17S V *»Dl gre>«relv In decline ui amount. In tb.’ 6r«t year, BAGGING—Hemp. 40 inch, IS * 2* V J* n |- us tv HOPE—^ lb, 7 ® W cents. BACON-Ham*. I* W I® » H «"“• 81 ‘• u,acr • anJ Side.0 . ... BEEF—Mot, *1“ r bhll Prune, . . BREAD-Nary, »■' » S| **'"•' » ft.* ’ Cracker.. Uuller, 7| 9 8 oenu 4 in- BilANDY—Copiae,4thpi—. j,- v Domestic, 30 3 63 cents; Apple, 43, 1 eaui, CROCKERY*—Per cent. aJ*. 30 ® . CANDLES—Sperm., 49 it 50cenu V 16. (Jeo.pa, 211 Northern, 00, lv m CHEESE—Northern, 10 • 19 entuV J». COEFEE—Inferior to fur. Ill * w raiipSi «ea Wr to prime. 19J * 13 i rhmee, 0011 or- COAL—Li"ftf^1,«10 r chaldron. COTTON—Upland, 10J « 12J V ft# Sc» MmmI» -4 CORN—CaTgn, 00 rent. V bushel; reUil;83 9 93 FLOUR—Bwlitnore, Howald-at. J7 73 «• *9 » I W-. Philadelphia and Virginia, #7 73-9 S3,Canal, *9 30. HAY—Prime Northern. r>9 9 73 cent*. HERRING—Smoked. 4* bo., 73 9 100 cent*. IRON—Swot. l» tor no ml 1(0. LEAD-Pie and Bar, 67 a 8.P tail Sheet, »8. LARD—IS ft. 14 9 ltjcettta. LIME-V bbl.. 103 9 175. . ,.... LUMBER—Yellow Pino lUnmnf Timber, 6 o *10 V M.i Steam Sawed. IS **£ Floormc Board.. 20 7t 25; River Lumber, Boards. Plank and Scantling, 13 9. 10; J inch Flooring Boards, 15 9 16; white Pine, clear. 20 a 25; Mendum- able, 14 3 IS, Slave., Red Oak, 00 9 00 V MACKERElSso.I.'#Mi No. 2, #W; No. 3, »00. MOLASSES—Cuba, 4* gall., 30 » 31 ccnUj New. Orlean.,33, NAILS—Cut, ,4d to 90d. 8 cent. P IB. OSNABURGS—1> yard, 8 9 ljoenu. OIL—Spenn., Winter Strained. 00 V galLi Fall do. II 23 9 11 30; Lin.eed.95 9 100; Retired Whale, 30.60. PORK—Me... PbbL •21; Prune, 117. PIPES—P eroce, 50 » 60 cenu. PORTER—P doien, 13 a 13 25. PEPPER—Black. 9 lb 10 a 11 cent*. RAISINS—Malaga. Bunch, 1 73 O «. RICE—P 100ft, #3 * 93 23. _ RUM—Jamaica, P gall. 125 9 140; Ncw England.- SUOAR-^Moicorado, P ». 8 » 10 eenu: Pono Rico and St. Croix. 9 « loj; Havana, \\ hue. 13; New-Orlean., 8 9 9; Loaf. 13 9 16; Lump, 13 ® 14. SALT—Liverpool coime, p wick. 136 9 173. 8EGARS—Spanish, P M.. 19 9 18; American, 2 8H0T—All .lie. P IB. 8] cenu. SOAP—American Y'ellow, 6 3 8J. TALLOW—American, 13 9 14 cents. TOBACCO—Georgii, none; Kentucky, 10 & 12: Manufactured, 16 9 22; CarendWi, 30 9 40. TEA—Soochong, P lb, 29 9 33 cenu; Gunpowder and Imperial, 60 3 05; Hyson, 50 3 65. TWINE—Bagging. P IB, 18 3 23 cent,. WINE-Madelra. P gall., 12 9 #1 23; Tener.tle, LP.19 119, Dry Malaga, 40 9 43; Sweet Malaga, 43 3 30; Champagne, per doien, 6 4) 13. WHISKEY—Philadelphia and Baltimore, P gall., 40 ® 43cent*. „ FREIGHTS—*Tn Liverpool, doll at \& P It; to Ha- rre, lc. P It; to New-York, 73 t ents P bate. £XOHAN«*K—On ifingtoud,nominal; Dratuon N. York,60 day*, 1®1$ per cent, di*.; 30 day*, 4J a 5 per cent, prem.; 5 day*, 8 p«r ccut prem.; at tight, 9 a 10 per cent prein. They cnnditiito in fact, so milch money, in hand, tho ieni|ilatiou to resort It) which ia greatly an- haiiced hy il* very neconiblonoM, and tlte eon* veuieitce with wl.i’rh it may b tuned to moot the current exigencies ofthoGovernmept. There won Bo yielding however to thin temptation until the session ofl8X». Up to that time, the fluid which tho Bank was enabled to employ in loan*, so far from h&\ ing been diminished oy diveraiona to oili er purposes, had progressively increiisod, uutil it roachoil, at the date of tho Directors* report for tlmt year, the amount of ^1/^33.049,07. This bVogreoaive increase shows, not only that the Itin.l hnJ not then been touched for the annual expen ses of the State, but also, that for the six preced ing years, there had been ttuifonn exce wes of re venue beyond tho disbursements of tho Treasury. For il was from tho addition of these annual ex cesses to the Rinds previously possessed by the Rank, tlmt tho progressive iticrcnso ofits means of discounting resulted. But in tho yesrl83o» tho State, seeing itself possessed of nearly snub ijon and a quarter of money* for which it had no othor use than to accommodate tho people whiUi loans, was lod to discard further reliance on the S eneral taxation of her citizen*, and to surretider ic whole of the revenuo from that source, to the respective Counties, in which it should ho raised. From that day, the annual fiscal incomes of tho State have been inadequate to her annual expen diture, and she has been driven to subsist by con- sinning even* year, somo portion of her capital previously accumulated and lodged in tho Ceutral REMARKS. COTTON.—The demaruUor Upland since our last report has been goo^md prices have ad vanced J to 4 cent per lb. for tho better qualities. The sales reach about 3000 bales, at prices ranging from 9 to 11 cents—p/Rieiyally at 10 to 11 cents. There was a small lot of Sea Island sold at from 24* to 374* Wo take tho following statement of the receipts of Cotton from the Savannah Shipping if Com- gre .— . (from November 1835, to November, 1830^ they sunk from 047, down to $1,192,047. In another year, 1837, (aOerdeducting$1,051,422 03 United States deposit of jnrpltts revenue, and $230,000 borowed by the Bank to carry out tho distributions of that year,) they wore reduced t« $1,022,034. Ami hy tho end of the third year, 1838, (after deducting again tho aforesaid United States deposit,) they were reduced as low as $900,- 19), without taking into the account the sum of $25,000 borrowed iluriug tlmt year, under on act of tiie Legislature, in order to meet the demands upon the Treasury and, which bcit^ taken into tlio account, demonstrate* that tho joint effect of tlio surrender of taxes, and of tho encroachments of sppropriations has been iu three years, to re duce th edur Umincumbtnd rmmini capital of the State, in the Central Bank applicable to loans, from $1,222,199, at wliich itatood in November, 1835, to $175,199, at which it stood in November, 1838. It is true, that this rapid diminution is mainly due to the noble part which Georgia, as a state, has token to herselfin the execution of that mag nificent and invaluable system of Infernal Improve ment, which contemplates, and will ere long rea lize a thorough commcrciu! connection between the water* of the Tennessee, and her own navi gable water*, both interior and maritime. But it is also true that the whole of the diminution is by no incani chargeable to ibis account. On tlio ermtrary, no mean fraction of it has proceeded from the insufficiency of the annual revenue, (since the aforementioned surrender of all tho g eneral taxes) to meet tho yearly expenses of tho tate, disconnected with that work. So tlmt even if that great enterprise had never been espoused by the State, her monied wealth in the Central Bank was nevertheless already doomed to certain, though slower absorption, hy the fleeting and less worthy object of every day expenditure. For the land fund wus drawing near to the period ofits final exhaustiou, as a source ofincomo; taxa tion, a* already noticed, had been formally discar ded hy law, consequently, an era was at hand, in which the whole reliance for fresh receipts of reve nue would bo thrown on the profit* made by tho Central Uuuk, and the dividends on tlio Bank stock owned by tho State, which fogethcr averag ed but $131,099 51. for tlio ten years ending November, 1838, and could not bo expected to produce, at the utmost, more than ,$200,000 per annum, even after the addition of the United States deposit to the fund* of tho Bank in 1837 had near ly doubled its incam of business, and of making profit*. Whereas tlio expen*e* of die State iij 1038, of n permanent and ordinary character, in cluding those connected with the subject of educa tion, amounted to $228.20537 and were ofa nature to ho considerably Mgmcntcd hy the giauuui enlargement of oiir population, and tiie conse quent increase of tlio expense of somo of die branches of Government. Whilst an augmen tation of annual expenditure would then be going on every year would subtract something from the cnpital of the Central Bank, und thereby causo a diminution of die future revenue from diat source. These facts all go conclusively, therefore, to show that so far from die system or tho Central Bunk having any merit on the ground of its tendeue tier die system of the present Central Bank sprang out of this latter surplus, nud out of the expecta tion, afterward* realized, of othor surplusset to ciMi and what have been die workings and ef fects of dial system,in reference to tho three great objects of linatiri.nl profit, general commercial utility, and tlio safety and preservation of tho fttnd itschconiiiiilti'd to (he management of die Bank; and further—the demerit* of th© sold system, <in its bearing on all threo of these objects,liavo been demonstrated to hoof such a nature as decidodly to require tho discondtmanco of it, evon on die supposition tlmt die present and prospective con dition of the finance*, furnished a basis on which it might still stand mid ho kept in operation. Built ftirtiishcs uo such basis. Thu whole sub- stratum al'fact, on which die Bank was,in the first instance founded und on which alone it has been at any time, intended to rest, hasbeeu swept ft om under it by that course of events which has disa bled die Statu to bo any longer a distributor of •nrplus aRftiey, in Iwau* turning the people. For die Bank was created solely because there was a -surplus tlmt might ho used in that way, and the { [rent function assigned to it was, that of a mere oan office, to employ die money, constituting that surplus at interest, with as equable a diflii- siuu a* possible among die citizens of the several counties, and under a strict limitation, not to ex ceed in the amount ofits loan*, die amount of ac tual inouev of which it should bo placed in pos session. Nor is diis limitation "at all contravcuod by the allowance given to it to issue its owu hills, iua<miuch os along with diat allowance, there is an express requirement that it shall, in caso of avail ing itself or that privilege, always retain on hand other money equal in amount to the whole of its owu notes iu circulation. By diis restriction,the Bank is constituted in effect, a louder of capital merely, oscontradiilinguished from credit, and i* compelled to cease entirely from’ tho business of lending, die moment it no lunger has, in the form of money, a surplus not wanted for the disburse ment* ot Government. Well, a period has arrived.when it no longer possesses, or lias the prospect of possessing, unv such surplus. As rapidly, and even more rapid ly, than it* mean* heretofore distributed in loans, can be realized by collection« r they are impera tively wanted for die exigencies of die Govern ment. Tho treasury now, itutead of being as formerly oppressed widi a financial plothora, is money less, and compelled oftou to knock at the door of die Bank without boing oble to obtain eith er the lar^esums or die pittuuccs, which it seeks to relieve it* fiscal necessities. Had such been tho condition of tho fiuance/in 1528, die idea of creating an institution of Uio character of the Central Bank) could not have found entertainment in tho wildest imagination. erect a loan-oftico. without having, or hoping to hope to have, ought to leud. But diat very state of things, which, had it then existed, would have rendered the establishment of tho Bank a causo- less and absurd hum-tiro, has now taken place with every appearance of permanence, and having so taken place, renders die policy of keeping up that Institution, equally causeless and absurb. The whole ground work on which it was built lias been sapped and taken away wKhin the lost tiuce years; tlio only func tion for wliich it was ever deouied of any worth has ceased—has become practically dead from die failure ofits proper pa bulum; it can no longer command any money to lend. It ha*, therefore, in point of fact.- reached die full cml and term of being which belonged to its nature, however it may retain a nominal exist ence, in point of law, and it has dins become & mere profitless and costiy excrescence on our financial system, and uo reasons can bo ossignod to justify itB retontion there, or to rebut tho stroug id % exciuiou. In the mid a of .uch financinl iliflicnhie, as havo recently head iho rilalo, anil which Mein, to hover aUo over our futnrecareer, diOicultic. moil inop portune in the era on which they have Ihlltui—an em characterized by it mighty and consentaneous ctforl on the part of our people and tiorerntnenl, to placo Georgia on tlint glorious vantage ground ol'Counncrciat mid Political grenlneis, lo which horgeogruphical position and capabilities demon - Wards developing tho vice, bfotir Aiinncial man agement for tho last few rears, and Inward, plac ing in ti clear light, tho nature of the financial ditll- cullies ill which the Slate is notv involved, togeth er n ith the immediate causes from which they havo sprung, and din proper means of extrication, fib he ronJiaard.) SAVANNAH! MONDAY EVENING, NOV. 93, {839. ICT Subscriber, to ihe /Au'/y KrpMican ill die Western and South-Western parts of tlio city, who do not receive t|ioir papers, will pieese send for them, as the Carrier is sick. KT Wo are compelled to lay over one or two Communications, which will appear us suouha tre can find room for them. TIIE BRITISH-QUEEN . Had not arrived ot New-York, up to 3 o'clock P. M. on Wednesday last. In relation to this vossol, tlio Now-York On- uttt of Tuesday, remarks—“Wo havo informa tion which leads as to the belief that silo did not sail ou tiie day appointed for her depnrturo—pro bably not before die 3d of the month.” THEATRE. Wo again, on Saturday evening, witnessed StiiRiDKa Kvowi.es’ Play of Tils Lore CAase, with increased gratification. MV. Founts played the unsophisticated llVJmke, ns tho author, we think, intcudcd it should lie plnyod. Mr. Pxan- sos, as Muster Truuco/tk.lias improved much since this piece was first produced hero. Mr. Madi son's conception of Mnitcr tl'ahcr was good | and ip our opinion, Mr. Colliss performed Sir Iftl- liam Fumllore better than any other pari in which wo havo yet aeon him. Mrs. Battuta's performance of Neighbor Con stance was, like herself, admirable. This Lady is decidedly talented—Iter reading is always comet, and hor conceptions just. Tho more wo sea of Mrs. BAitMn. the more wc Uko her. Tat I Fid- oio Oran, by Mrs- Rivans, was personfied with groat fidelity; and Mrs. Clcvx displayed much feeling os Ly/io. We perceive that Master and Alias Wklis will make their first nppearanco hero, dds evening, in the celebrated Operatic Ballot of l-a Ilapulirc. Their reputation is already 'established, built in Europe and America, and we trust a Savannah public will not f til to putronizo talent while they have an opportunity. Sir. Foiues has been requested to come among us for our own amusement; ho has done so, with u highly respectable Stuck Company, each desar- ving die patronage of a liboral community. Wo trust they wilt not bo disappointed. PROFESSOR ESPY AND TIIE FIELD FIRES. For a week past wo have been sttlfocnted with smoke from the bnming fields around the city; last night it was succeeded hy high winds, and this morning hy a cold drieling rain—this seems to verify die doctrine of Profossor Espr. There are no doubt hundreds of acres on fire at once around diis city, wliich would go pretty far, we should think, to make otto of Ilia experimental fires. Coma and sec us Mr. Esrr! trebly destine her, if who be but true to herself—a uiupusition for winding up an institution, which mrnull List, at tlio ploceo mentioned, siuce the 1st of October: 1839. 1338. Georgia, Not. S3 10756 32065 South Carolina, Nov 15,* 21556 21902 Mobile, Nov. 9, 1139 0324 Now.OdIuu, Nov. 0 93844 451 5022 J 5299 NordijCarolinn, Oct. 19,..* 34 000 Virginia, ooo 000 Total ...127779 118812 • The following is a statement of the stock of Cotton on luuid at die respective places named: Savannah, Nov. 22 3179 17042 South Carolina, Nov. 15, .....13163 17392 Alobile, Nov. 9, 1922 3923 New-Orlcans, Nov. 9,.. • * 72G40 33370 Virginia, Oct. 1, 500 762 North Carolina, Oct. 26,.. 500 800 Augusta and Hamburg, Oct. 1,. ..6193 6738 Macon, Nov. 1,*.......« ......5585 3000 Florida, Oct. 1, . 650 1000 Philadelphia, Nov. 9,.... 200 600 New-York, ov. 0,. 9000 11000 Total, ....113532 98057 RICE—For this article die past week, there has been a good demand, and sales are about 700 casks. We quote—$3 a 3 25. " CORN—Retails from stares at 83 to 95 cents n quantities to suit purchasers. FREIGHTS ore dull. To Liverpool jd V lb‘.; to Havre 1 cent; to New-York 75 couta bale. REPORT Of the Commissioners appointed by nnllmrity ofthe Ltgitdalure,on lie subject of the Stale Finances, [coxtisukd.] - THE CENTRAL BANK. In relation to thb third ground on which its founders and advocated leave based their support of it os a scheme of finance, its tendency, namely, to secure die integrity and perpetuity of dm fund itself, thus employed in loans, it ia n ground which seems quite as untenable as thos8 of wliich wc have already disposed. For examined in reference to this point, die system is liable to the. strong objection of expos- jng Iho integrity of the fund to foauidablc peril, from two causes1st. from, encroachments hy. Legislative appropriations, 2div, from diinitiu- tions by losses arising from bad dolus. In or der to a just appreciation of die first named d m- ger, it is only necessary to advert to the fact that alt the monied funds nt any time in the Central Hank, or expected to he there, are always at tho . ibsolute disposal of die Legislature! liable-to he Averted, at the will of. that body, from their ori- .•Joal destination of lo.in* to the people,’ and to he Hibjectod to .otherappropriation*, oifhor for or- djnary or exlnorJitnry object* of expenditure. u»n cord* of dieir respective counties. Tho means of judging possessed hy the Directors of the Bank on Uiis head on the 5th November, 1838, brought diem to the conclusion, that only $1,019 98 of the discounted paper tiion held, ought then to be set down as had and lost debts. Whether the State has been thus fortunate as a money lender, or to what extent she has been unfortunate, can noverbo determined with any precision, until the chaff shall be sifted from the wheat, and tiie good grain gathered into tlio gamer, upon the final winding up of die institution, and die collection of its available assets. For tho pre*eut, tho reflec tion can not bo repressed, that if it should turn out that, in a busine** running through ten years, amounting in die aggregate to $11,975,985 73 of discount*, tl»e great mas* of which was upon ac commodation paper, of five years time, o loss of no more than $1,019 98 shall be sustained hy reason of hail debts, it must forever, he regarded as something quite miraculous in tlio annuls of money lending. That no such miracle, however, is destined to he recorded, is strongly indicated hy the fact, that of die $1,817,199 90 of discounted notes held by the Bank on the 5tli November, 1838, the sum of$402,803, was then lying over, dishonored, und $70,215 23 was in suit. And of $134,421 G1 of Bill* of Exchange discounted and held hy the Bank, there was at tlio samo date, $112,239 27 lying dishonored, und $12,432 34 in suit. Thishugo proportion of dishonored pa per is indeed appalling, and augur* a heavy. ulti mate loss to the State. Uiidersuclicircitmstauccs, it is consolatory to cling to die hope held out at tho dute of the annual report of 1838, tlmt only the trifling sum of$1,019 98 will be ceriainly lost. The fact* and observations which have now been presented, show in what manner Georgia became possessed of that surplus of public money which formed the foundation of her present pro perty in Bunk Stocks; what were the fiscal fruit* of that mode of investment; huw Hoonufler it wax cafried up to the maximum at which il still re- 'mains,* a second surplus ofa considerable amount rapidly grew* up in the Treasury j in what man- _ _ . Winch mis been, tor more than ten years the great de- - * inlth/i . . ... « trary in operation hut u very few years, before it gave rise ton policy, that in the course of somo dozen or fifteen years more, would have caused tho whole fund previously accumulated to have van ished in the ordinary unnuul disbursement* of die Treasury. Fortunate, indeed was it for dio lasting grandeur and prosperity ofGeorgin, that so soon after this process of petty evanescence commenced the great project of the Western aud Atlantic Rail Road intervened to claim and secure tou noble work of permanent public utility, a largo propor- don ofafund destinedothcrwi.-o to have beeulcta worthily spent- Of die second great ccause which exposos tho public money employed by die Central Bank to insecurity and diminution, namely-the danger of losses arising from had and irrecoverable debts, nothing that is at oil precise or satisfactory cun be said. For how is it possible for the members of the Finance Couinusrion, or tho officer* of, the Bonk, or any other person or persons to whom such mi # nquiry should be referred,to pronounce, with even a tolerable approach to certainty, on the goodne** and collectability of $1,817,11)9-90 cent* of accommodation note* in sinull sums, dis chargeable in live years, and by five equul pay ment*, from the date ofthc original discount, die makers and endorsersof which, are dispersed over th© whole State, aud of whose character and con- — ■ - ditioti in die main, nothing can be known, except/ Which being deducted from the rtggregnto capital what can be gleaned from the tax hooks mid re- stock of the Bank, to wit, tiio above stated sum of lintllhl. Tho mnaita nf ill tvil *JKI lonvna ilia mint Vi ‘IVI III”. 7i! f 1 ill , povitory and manager of her fiscal wealth/excites u most interesting enquiry:—Namely, what is the State worth, in a strict finincinl sense / A satisfactory answer to this enquiry, can only ho made bv stating and nrrayin^ against each odier all tho existing asset* & liabilities of the Suite—an attempt to do which, based upon tho data contained iu on informal statement furnished by die President of the Central Bank tb this Com mission, showing the condition of that Institution on the !0th of October !*ni, and upon such other data as could be obtuined, and were upplicable to the subject, will bo found in a subsequent part of this report. At present wo will look into tiie President's statement, simply with a view to as certain die amount of sound means available, for Uio fiscal want* of tho State, existing indie Bank on that day. By diat statement it appears, that on the 10th day of October last die whole amount of stocks, debts, and cash assets iti die Central Bank, con stituting its Capital Stock, amounted to die sum of$ 1.541,300 29from this aggregate tho suin of$198,194 53 is liable to be deducted on account of unavailable stocks and bad debt*. Tlio unavail able stock*, i* that of die Brunswick Rail Road and Canal Company $50,00000 The bad debt*, falling under the head of die Bonds and Note.) receiv ed from die State, amounted, on tho Otli November, 1838, according to the report of the Committee of Inves tigation, to die sum of By thesnma repo it, the had bahts, under the bend of Notes and Bills Disccanted,amouutcd to 1,61998 B id debt-', under the head of Notes ou tho Bunk of ALicon, amounted to ....294 00 ’Making tho unavailable stocks and bad debts amount to $198,194 53 146,280 55 $1,541,300,29, leaves the sum of $1,353,105.7(1, uh die sound and available cnpital owned by the the Stato, nnd existing in tlio Central Bank, on tho 10th of October last; of which $1,005,000 consists of tho State's shares of stock in dio Bank of Augusta, the Planters’ Bunk of Savannah, the Bunk of Uio State of Georgia, and tho Bank of Durien, which, if deducted, shows that tho St.ato possessed on thatday, only a capital of 348,105,76 besides hor Bonk Stocks. But if wc treat the United' States surplus revenuo deposited with Georgia, amounting to $1,051-422,09, as means available, for our present and prospective fiscal exigencies, very iniicli in die same manner as if it was the capital of die State, (.and there seems to ho no reason why it should not ho so regarded,) and add to it the last stated sum, it shows $1,399- 527,85 as the aggregate of the available means held hy the State iu die Central Bank, indepen dently of her nforeinentioued Bank Stock* amounting to $1,005,000. And hero wo are at the end of all tho fiscal re sources which die State possessed under existing laws and facts, except those which are to be nought for in tho pocket* of her citizens. For a* there has already been occjisions to re mark, taxation and die land fund, which were,up to u recent date, tho ino»t productive branches of revenue, have ceased to he operative; tho former having been cut off und dissipated among die counties by Legislative act, with the exception of the tax on bank stock, and one or two worthlpsg items besides; whilst the latter is lost and gone, irrecoverably, hy mere exhaustion. Under these circumstunces, die whole weight of every deportment of public expenditure, has ne cessarily fallen on tho only remaining resource— tho menn^ in the Central Bank. Such being the Diet, it is ofno great moment to enquire to wimtHpecinl objects, certain portions of these funds have been set apart hy laws found ed on a by-gone state of things, but which havo sunk into ndcud letter under tho heavy pressure of present contending wants. Nevertheless, a retrospect of this kind may not be unuscful to- FINANCE COMMISSIONER’S REPORT. Our readers will perceive, as wo advance iutho re-publication of tins able and elaborate report, that it grows, rather Uian diminishes, iu interest. The portion which we printed in die lust number of our paper, takes a most scathing review of die proceedings of dm Central Bank, and lays bare a system, of what the Commissioners do not, but which thn public will call, baro-fuccd favoritism There arc dines when Uio public lire not look ing upon Banking institutions with purdal eyes, and wo mistake die temper of tho times, if tin* able State paper, does not cut out some warm work at Millcdgcville. When the conclusion is given, we will bo hot ter able to form an opinion of the whole, and then we shall recur to tlio subject again. MR. SPRINGER OF THE GEORGIA LE- GISLATUttE. A member, with the above euphonous and elastic name, has introduced u Bill into the Legis lature of Georgia to exempt all good citizens from the Poll Tax, except Doctors ash Lawyers. Now, why does Mr. 8pRWOEnwishto clap die whole head tax of the State upon tho polls of tlio Doctors and Lawyers l Is it because they are tho only ones diat have any brains in them, iu his part of die country T or ix it because there are the only classes tlmt live by dieir brains, aud Uieroforo lie would tux their heads ns Uio only ones^ coming under die clause of productive labor? Perhaps he wishes bis tax to operate os a prohi bition upon the article taxed, and Uiu* pat a stop to die alarming increase of these sort of cattle, or perhaps he think.* them the most available source of revenue, and the only ones capable of payiug a tax in these agrarian and Loco Foco times.— Wo shall look out anxiously for the gentleman’s speech to learn his views, and see wliich of all our conjecture* are correct. In die mean time there is a class of heads wo would recommend to hi 8 notice, if his object bo revonue, thoy havo long appendages to die member proposod to ho taxed, am! forma very numerous class—perhaps if he will cast his eye uround that august body of which ho is a member, ho may see some—if he still has any difficulty in recognizing titem, we advise him to buy a looking glass. TIIE POLICE OF SAVANNAH. I* it not time that our City Conncil, or if it does not full williin dieir powers, the people themselves, were taking some steps to orgmiizen more efficient Police. We have no coinpluiiits to tnuke of our excellent Night Watch, hut this is hut a part, and a very small part, of such an establishment as our city requires. Look ot Now-Orlcans, formerly the scene of daily riots, debauchery and murders; now, the best regulated city in Uio Union. No mun appear.* there now without Home visible mean* of livelihood, and that pursued industriously and systematically, without his making hi* acquaint ance with “ tlio Charlies,” anil in tho end, with Mr. Recorder Baldwin. By the very last Polico Reports, we find that several persons wore impris oned and brought before that excellent oflicer, lor being found loafing during die night. Look too, at Havana—but lately, even worse than New- Orleans, which since the appointment of Gov. 1 Acojf aud his successor, has become one of die most peaceable and orderly citica in the world. Tho veiy loafers thrown off and driven away hy those regenerated cities, will crowd into Sayan- nali and1 Charleston, if they are not protected by nil efficient Day Polico, as well as Night Watch. Lot us then have it—lot us have a. Rccordor, or Criminal Judge, for the city—a Polico Court and Court of .Session*, and lot us know every man’s business among u*. Some twenty or thirty , yugt lesson upon this auhjAct, and wo iind better pay for mi additional number ofofliccrs, than havo it taken from our pockets, whether wo will or not. It koenis to us that tho incendiaries, like tho fashionable folk*, travel to tlio North during die sickly season, and return again with the frost.— Let us dien make ample proviaio^ for thrno er rant gentry, tuid try If wo too, cannot purge our city. If tho expo n*c be too grout, let 4he Mayor call upon tho citizens for a voluntary constabulary ■force. tyow-Orinnns has such a one, oven in ad dition to her admirable, regular Polico. Why cannot Savannah do likewise ? Finally—wo re peat our former Injunction upon our pnblio au thorities, to make the first frv i the time for a gener al rout among die loafers. Let every good citizen, too, kcopUU eyes sharp ly about him at the first and ovory succeeding Are. Examine every man closely retreating from dio direction of a fire, as well as tiio*e over-zealous iu suggestions at the sejno of action. If any man knows the whereabout* of a suspicious character, let him fasten his eye upon him, and when die alarm oC fire is given, go right to his lodgings und enquire of his movements. > Even two or three active, scgacious men, would be very dangerous to tiieso gentry, if autiiorizod a* a committee of safety hy tho proper authority. One ounce of pretention le worth a pound of cure. NEW-YpiUL Tho ofiloiul returns for members of tho Legis lature are nil in; the following is die final result: Senate. House of Representatives. Whigs, 20 Whigs, 70 VanUureiutes, 12 Van Burenites, 58 Whig majority in joint ballot, 20 [communicated.] If dial cotton matter of your last Thursday's paper, who can roar and puff liko a steamer, will promise to move steamers by the exertion of his kings, he may bo engaged to be' use Ail on Sun* days. TIPTOE. Correspondence of the Augusta Chronicle if Sentinel. MILLEDGEVILLE, Nov 20, 1839. IX SEXATE. Rcconsulcrations.—Oh motion of Mr. Bmtihatn so much of die journals as relates to the passago ofthc bill to alter die 3d, 7th and 12th section* of tlio 1st and 2d articles of the Constitution ol this State. On motion of Mr. Stanford, so much of die journals a* relates to the rejection of bill to amend the net incorporting the Habersham Iron Works and manufacturing Company. Bills reported.—By Mr. Ilolnwny—to compel persons to givo testimony to iuterrogatorios issu ed from the Justices Court, &c. Mr. Morris— 1 to amend the24tit section of an act passed 23d of December, 1823, so fur as relates to the serving of summons of garnishment in cer tain cases. Mr. Scarborough—To repeal an aetto restrain, prevent and innko penal, the pitying away, or tendering in payment, issuing, &c. ; any bank bills, notes, ticket, check, draft, receipt, instru ment under sea), or chose in action, intended, de signed or fitted for circulation instead or in char acter of either, or miy *' promise to pay ” in wri ting, to be used as papor money, &c. Mr. Miller—To niter aud amend an act con cerning bills ofexebango, passed on the 19th of Decnumer, 1823. Thi* is to allow damages on bills drawn by per sons in this State upon a citizen of this State but payable out ofit. Tim bill nnd resolutions iu relation to the Western nnd Atiantic Rail Road, which had been ordered specially for to-dny, wer After some dis cussion upon die motion, suspended until Tues day next. Bills passed.—To add a part of Ware to Wayne county. To incorporate the Georgia Silk Manufactu ring Company. IX THE HOUSE OP REPRESEXTATIVE*. Reconsiderations.—On motion of .Mr. Ward so much of the journal as relate* to tho rejection of tho bill to niter and amend the 4Slh section of the lldi division of dio penal code of Uiis State. Mr. Ward and otfiers gave us some brief but interesting remarks in.relation to his tsubject. Several other efforts, for reconsideration were made, but all linoiccessftilly. It is well after die considerate action of die llouse upon any men< sure, tiiat its determination should not be disturb ed ; hut diis reflection suggests itself with peculiar force under tho ui'issofmatter now submitted and to be determined hy the Legislature Bills introduced.—.V all perse us who have built, or may any duut or dams across tho Etowah river, to build a sufficient slope for the free na«*ago of full. Mr. IItinier, of Crawford, laid on die table a preamable aud resolutions in regard to dio sus pension of specie payments, &c. Mr, Ingram—To repoulso much of die lawns- sentod to 22d December, 1829, as relates to pro hibiting the introduction of slaves, on certain con dition*. Bills passed.—The btl! amendatory of tho acts of incorporation of the city of Milledgeville. To amend die net establishing a standard of weight*. Bill lost and laid on the table.—More effectually to suppress nearo meetings. Rrsolution offend.—By Mr. Bryan, of Walton— Td abolish die office oi Stale Geologist. to.shtthoaiJd^t»4 ■till without river prospect of a ■t tbf ,.rc. 0 „ t ni.luVLVSSl iliu'llnhe,^^. or tho (HI, ln«. 3 utuottlod Ua MfiCJ ciolo ••iM.iTh';^ k W| co. l .r,„g,lro|„ rVilj for tlio I,,; fl„ ’twin WI, wdtCowu^M ttico'uireijS/jfetiJ low qunlitic. Tin iS?"* lowing price, A, gSll «1. in =t a), loaVVa^'iS a ifl.oi'aatai .in 100at 31, 7,Vtsli" S ,jHl a tunoy to;, for tho itew criiji .n.jbo Siyl been . ; ilj „i eo a j; > ' l N| boon MOO hulhch Xiial «oU within tlio TO ,.*r : '6 .boat 05 runt, bout 7,300 bu,he!,,\[J r ' r Hb^fisSSS renmion. of Floor, wttath«t,pirit wh y«“a thotwo provbai BritiranoH^ hl! ,tH rt..L -BUUonEnAjjJ . mint- 'I £icAanffe.—uiiu oa HadJl on Kranee we quote 5f.2i Tk, drawing on v~l "^“-•—-d the 5 • 6 Gl.a TluilM urawing on New-York advanced the rateto3 pm£i B tuaiul at X a II r ... ■ maud at v . cent. prem. prem. Frcljl 14c. for > York 50, for Rice. the Legislature. -Mr. Woolley—To compel i built, or may hereafter build- Geologist. There is no important discussion to-dny up to the hour of 12 o’clock, in eitiier brunch. In Se nate, some little discussion iu regard to die Su preme Court, &c., and as to tho day when this subject should ho specmlly considered, togetiier with die substitute of Mr. Kelly, of Houston. Volte for Governor.-^TUo following returns comploto tlio statement of votes for Governor in all the towns of tho Stute, viz: Mount Washing ton, Everett 10, Morton 40; Munroo, Morton 30 majority; Rowe, Morton 3 majority, and Buck- land, a sinidl majority for Everett. The number of scattering votes, so fur us our information ex tends, is small. We are of opinion that they are not sufficient to neutralize the majority in favor of Judge Morton .—Boston Daily Ado. if Patriot. From the N. Y. Courier, Noo. 20. The non arrival of die British Queen steam ship, ctiuses a general dullness in business, people naturally waiting with anxiety the accounts,hourly expected by her, oftliestuteoftiie markets which take our cfiiefnrticlos of produce. There wore considerable remittances made hy tho packet which sailed to-day *, tho rates paid for Bills ou London were from 8 a 84 per cent prom. Tlio latter was given for bills of the first character —Canada Bunks endorsed hy Primo, Ward & King. Domestic Exchanges continue iu demand, nt a diminished discount. It is not unlikely that four mails being due from New Orloons and Mobile is oiiecmiMoofdio scarcity of hills on ( thoso* cities. Wo quote—* Oil Philudclphin, 94 a 10; Baltimore, 10 a 104 Richmond, 12A a 13Charleston, 9 a 94 5 Savan nah,94a 10; Augusta, !On 1041 Florida, no sale Union, Miss. 20 a 21} Planters, do 24 a 25; Ag ricitltural, do 21 a 25; Commercial, do 24 a 25 [ Mobile, 9 n 104 i Now«OrlcAn*, 6 a< 04; Louis ville, no initial; Cincinnati, uomiuul; St. Louis, nominal. Bank notes ou tlio above places are soiling at an increased discount of one percent, except on Philadelphia and Bultimoro notes, which are sell ing the snino as Exchange. Rhode Irland are at 0 a 7, New-York Safety Fund ut 34 a 4, Red Backs 4 a 5. Monoy is becoming more easy, and the stock of spocio in our Bnnks increasing. ' Commercial- Journal* savannah exports, nov. *3. Per brier Jiinltm, for Philadelphia—*460 hales Col- un, 00 Casas Rice. Wee* ght Check* asX« ?*••—To Liverpool Uf.-J • Cotton, a75c. PUle RICHMOND, NOV.li- •5 to 8. Old from 7 to 10. XA kcL Flour.—Oily Mills 1011 (] •ttOj.tf 31,6j,and6J. MOBILE, NOV. ring dio week have been Jtt 14 320 bole*, adding 113 bales to id mount* to 3,330 bales, season. In respect to tnumctiTua&$ but littlo tocoinmuukate. Titem our ls*t by the Iudcpc&W, tm m slug u* of a decline of j t» 1<1 fd ties of American Couon, Lvl iwl influence on the market, win tit I tcligcnce por Ore it Western, toil] check on further negotiation* forth date* cime to hand on Tuesdij, a vioua decline, *wl repwtinj % ft prices t this, howerrr, u not m d were quoted on the 18th in Lirerr sole* in this market will t 150 hales, eterfiti-—S** 6 ® are most anxiou»to»ell,baitheir|i ed fully ono cent above the vievia Uio aspde-t of other m»rV«W, ird All monetary sflliir* both at home tali not but that price* are defined »js die stock accumulates. The oho* have declined; Now-YoA toinekj dull; Charleston ic., dull; NevOl Exchange,-Sight Check* on matid for small aums, but cib* b tight is aim scarce; 60 day buh s| ling nominal. MARRIED, In Macon, on the eveninidh dio Rev. Mr. Bragg, &tr. Xn Alias Sarah E. Macox, nil of tb CONSIGNEK8 m SSli Arrived yesterday—lD7w»Pj to Bostou Randle, R Haberaa elford, Fay & Co, CMI rouglts, R M I'hiuizy, Wimbt-fykj Tuppcr & Sistare, JoitBSi Huruee, and A Wood & t»- PASSENti^l Per steamboat Isis* from Cb chaol, Mrs Smith, MbThpr J moil*, Lockwood, Mtchoeh^* Per steamboat Floml*. &«■“ Afessrs King and servant, W » ago. Shipping Id POUT OP SAVANNAH,.. Sclir Htmi«tt»,.R'.TO^a ol, Hough Rico to 1 gloop Hcioitoo. Leoi J Roa/Rle«t*R;H*«^a Hleamfiont 5fL k m'iI Stonmboat Florid*. ' I & W King CLEARED. J Brig Juitiiu; CroweU. * CO. nL Solir Elizabotli,Bo»l»». 1 SchrAIngnot. Koily, Ne< r0,l< * C0 - departed, SUmmbontForo»t«.^, 1 CHARLESTON, No'.^fcl ot Cliooipookc, BgpU’nyiiU ton, NC. , flBvet, Di Clil. oltip LI»o r PJ?'>, , Eonpti 1 Crotirtadt,Hatch,North 01 v 'J cier, Butler, Havam. Fuller, Amstcrtlq«jj|>nj ; „j a nig ooltrAiin, Wile/, Boko" ■ NEVV-YOIlK. A° v **p Q ,he 1^1 ball. aOdn fin L"« 1 " i:1 n, n ,vii 1 0i # * mmi itomod J5tb anil yiiril, and dM-' 110 ". g pc «, M** Cld. brigA'^Vud. , non, Ltuupbor, 1 "?, i( tciii, ft' , Sid. pocket #l "P r ‘tGoRdo". J J Thcoptlofl i r g_.Ar. ,hl ?i Steornr, Mobile. 12- 3 “' r 7