The Columbus times. (Columbus, Ga.) 1841-185?, June 24, 1841, Image 3

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A PLAN OF A FISCAL BANK OF THE UNITeo states. Treasury Department, ) *..i , .. June 12, Ibll. ( To tite I resident of tiie Senate of tiie United States: Q IR obedience to the directions of the senate, contained in their resolution of <lh inst., the Secretary ol the Treasury lias prepared, and herewilli submits, a plan of a Dunk and Fiscal Agent-. In the general plan and frame of said insti tution, he has endeavored to free if from the constitutional objections which have been urg *:d againt those heretofore created by Congress, nnd as tar as practicable, without impairing it usefulness, to guard it in its details against ilie abuses to which such institutions are liable. And he now respectfully submits it to the Sen ate with the hope that, in the process of con sideration and enactment, it may become, what he did not presume to promise, but which he earnestly desires to see in the possession of the nation, a Bank and Fiscal Agent, free from constitutional objections, and adapted to the wants of the country and convenience of the Government. It is proposed to incorporate a Bank in the District of Columbia by the name of the Fis cal Bank of the United States, having a capi tal of thirty million of do'lars, with power to establish branches or offices of discount and deposited in the several States, with the as sent ot the Stites : that the Government sub scribe one fifth part of the capital; and on the supposition that it is the purpose of Congress Jierealter to direct th ;t the fourth instalment appropriated by the deposite act of June 1231, 1836, shall be paid into the treasuries of the several States, it is also proposed that a sub scription to that amount be made in the name of the United .States, for the use of the States respectively ; the stock to he assigned to, and become the properly of, such States as shall accept the same, iri t lie manner and in the pro portions, and subject to all the conditions, pro vided and imposed by the act. And for the amount of the six millions to be subscribed by the United States on their own account, and also for the amount to be subscribed for the use of the several States, it is proposed that a.stock be created, hearingan interest of five per cent, per annum, redeem able at the pleasure of the Government at any time after fifteen years. In case Congress should not see fit to make such a provision as is proposed for paying to the States the fourth instalment under the de posite act, it may be well worth while to con sider whether the States might not be permit ted to.take the stock of the Bank according to their respective amount of population, to the extent, often millions in all, issuing there for stock of t heir own, bearing such interest, and reimbursable at such periods, as might be prescribed; the dividends on the shares thus field by the States, respectively, to be applied, in the first place, to the payment of the inter est oh their stocks ; with a further provision, if thought necessary, that, in case the pro ceeds of the public lands should be assigned to the States, tiiose proceeds should be applied to the reimbursement of the principal of their debts, or stocks, created or issued for the pur poses aforesaid. In the opinion of Ihe Secretary, it is desira ble that the States should be permitted to take an interest in one of the foregoing inodes, or some other mode, in the new institution; but, if Congress should think otherwise, then it is recommended that the Government of the United States subscribe for ten millions of s'oek, leaving twenty to be subscribed by in -dividuals. It is proposed that the affairs of the Bank be managed by seven directors, two of them to be appointed by the President, by and with the advice and consent of the Senate, and five to ho elected by the stockholders, at their an nua! meeting.- A prfisid nit to bo chosen by the directors out of their own body. That the branches be managed by no’ more than seven, nor less than live directors, two of them to be’ irpj.'oirrted-by the State in which the branches may bo situated,- if such States be a stockholder,- and tire’ rest to be appointed by the directors of the Bank. It is proposed that the Bank be the agent of the Government* Tl at the public moneys be deposited; and when there,- that they be deemed ami taken to be in the Treasury of the United States, and that, the deposites be not re moved except by law, and that the notes-of the said tank lie receivable in the payment ot public duties, and llrat payments made by the Treasurer of the United States may be by checks on said Bank. That the said IVmk receive the binds of the United States; that it transmit them from one part of the Union to another,-and distribute them for the payment of public creditors, and perform the duty of pension agent tree of charge. The ordinary powers and privileges of bank ing institutions being conferred upon it, and tlie ordinary liabilities and duties imposed in order to prevent over banking, excessive is sues, fluctuations in the price of stocks, and consequent speculations therein, and to secure the bill holders and other creditors ot the bank from danger ol loss, it is p*. .posed— To limit the dividends to six per cent, per annum, but if they tall short in any year, the deficiency, with interest thereon, to be after ward made good—and when a surplus accum ulates, exceeding two millions, the excess to be passed to the credit of the Treasurer of the United States. That the amount of debts which it may at any time owe, shall not exceed twenty mil lions over ami above its dejxwit'"*. i’hat the debts at any time due to the i , shall not exceed the amount ot its capital and seventy five per cent thereon. aiul that when the amount of.its hills in circulation shall exceed throe times the amount oi specie in its vaults, no new loan shall be made. That it shall not deal in any tiling- except coin, bullion, promissory notes, and inland bills of exchange. That it shall take no more than six per cent, upon loans, That it shall discount no promisory note, and purchase no bill of exchange which has more than one hundred andeigh y days to run, or make any loan for a longer time. That no debt shall be renewed. That it shall not at any time loan the Uai'ed States more than three millions oi dollars, nor any State more than §IOO,OOO, nor either for a longer time than one hundred days, un less authorized by law. That it shall contract no debt for a longer ; time than one year. That it shall issue no note of a less denom- 1 ination than ten dollars. That the officers of the institution shall no‘ be permitted to borrow money from, or con tract any debt therein, iu any manner y\ liatev - er; a note or bill of which such officer, as maker, drawer, enderser, or acceptor, is for bidden to be discounted. The directors oi the branches not to be considered officers within the meaning of this provision. To prevent or expose any iraiul or indirec tion in the management oi the institution . to prevent, also, large and improper loans to in ti.viduals, to the injury of the stockholders ami t lie public, and to prevent likewise, talse impu tations when such irregularities do not exist, it is proposed that the boaks of the institution, including the accounts of all individuals there i i, he a- al! times open to the inspection of the j-iocre: try of i n Treasury of the U. States; to a coni u■ e >f either llouse of Congress ; to etch of tie .I'.rectors of the Bank, and to a com n fee of the sic ki. Mors, with power to make public win soever tney think tit. p J< e i to provide that the branches shall not tso.ie iKKes or m s adapted to, and intended for firm < ion; but may sell drafts, ljl( ; Jess in aiin.i > than m y dollars, ior the purpose of fr •>;; mid exchange. . ricit tic* i eiK snail n*> -impend specie pav- ITJi . li:s : !, it u shall no- payout anything but coffi jr huli.od or its own holes* liwl it? existence as a corporation continue for twenty years —but that it be allowed to use its corjior ate name for two years longer in settling up its affairs. That no other bank be established by Con gress during the existence of tiie charter. And providing that it shall not be deemed an infringement of the privileges granted by the charter. If Congress eirall order the said corporation to place offices of discount and de posite wherev<fr the same may be necessary for the collection, safe keeping, and disburse ment of the public revenue. All which is respectfully submitted. T. EWING, Secretary of the 1 reasury. MEETING OF MERCHANTS. At a meeting of the Merchants and other citizens of Apalachicola, convened at the Council Chamber, on Tuesday evening, 8-h June, 1811, the Mayor, Benjamin Ellison, Esq., was called to the Chair, and David C. Raney appointed Secretary. The object of the meeting having been ex plained by the Chairman, William G. Porter, Esq., offered the following Preamble and Res olution-, which having been seconded, were j adopted unanimously: Such have been the evils which the Mer- I chants of this place have suffered, in common | with the people residing on the Chattahoochee i river, from the suspension of specie payments 1 by the Columbus and other (reorgia Banks, ! that it becomes absolutely necessary, for the | protection and preservation of their interests, that some definite action should be taken by them, to protect themselves hereafter from the evils of an irredeemable and constantly depre ciating currency. A sound currency is the basis ol all mercantile transactions, and is absolute ly essential, not only to the prosperity of the merchant, but to his preservation from bank ruptcy. The evils of an irredeemable and constantly depreciating standard of value are so obvious as to require no illustration.— Their effects the past season have been mani fest to all. We have seen the notes of the Co lumbus Banks, which form our entire currency depreciate 15 or 20 per cent in less than sixty days. It is evident that the merchant, let his capacity, industry and capital be what they may, cannot long continue business under such a system without ruin : the nature of ev ery contract is changed, and his whole proper ty and business at the mercy of bankrupt and irresponsible corporations. In order to obvi ate as far as in our power these great and manifold evils, Be it Resolved, That from and after the Ist day of October next, our whole transactions shall be placed on a specie basis—the profits on goods and commissions be regulated accor dingly, and that the notes of the suspended banks, when received, will only be taken at their s]>ecie value. Resolved, That we recommend the mer chants and planters on this rive-- to call meet ings and adopt similar resolutions, in order that there may be a concert of action through out this section, to relieve the industry and trade of the country from a system which leaves them entirely at the mercy of the sus pended banks. Be it further Resolved, That this pream ble and these resolutions be published in the “ Florida Journal,” and that copies of them be printed for the Merchants to forward to their correspondents. Nathan Baker, Esq., offered the following resolution, which was adopted: For the purposes of carrying the foregoing resolutions more fully into effect, be it there fore. Resolved, That all persons wishing to com ply with the same, shall subscribe their names thereto. 15. ELLISON, Chair. D. G. Raney, Sec. We G. Porter Al Cos Dodge, Kolb&M’Kay Charles Rogers. Lockhart & Young. C. J. Shepard &Cos Jas. F. Farrior. Thomas. L. Mitchell. David G. Raney. WM. S. Morton. Ellison & Popes. J. B. Starr. Dodge &. Gardner. N. Baker. Ellis & Foster,- Thomas Orman. J. Day & Cos. L. A. Phelps. Seth P. Lewis. Robert May, Jr. A. T. Bennett. E. B. Whit marsh. Jas. N. Shackelford. Lewis Leland. M. B. Avery. W. G. M. Davis. Jos. B. Webb. B. S. Ilawley. From the Savannah Republican, June 15. GOOD NEWS FROM FLORIDA. We are gratified to learn that the arch vil lian Wild that, together with fifteen warriors, have been seized by order of Col. Worth, com manding in Florida, and are now safely on their way to the W est. The next advices we receive from the seat of war we trust will give us the intelligence of the capture of llalieek Tustenuggee, as parties were out in all directions at last ac counts in search of the faithless chief. Col. Worth has made a good beginning since taking command in Florida, and we only re gret That the season is not more favorable for an active campaign. The subjoined letter from our attentive cor respoudent at St. Augustine, was received last evening by the arrival ot the steamer Clias. Downing, Capt. Dent. It will be read with interest. We also received the News and Herald,- of Friday last. They contain no Indian news. Correspondence of tlie Savannah Republican. Office of the news, St. Augustine, June 12, 1841. \ WILD CAT TAKEN! The steamer Win Gaston, Capt. Griffin, ar- 1 rived this morning from Fort Fierce, with Col. G ates, Capt. Wade, Lieut. Brown, and a com p. Liv of Artillery who had gone downa few day** since with the view of taking Wild Cat. Or ders had already been despatched to Maj. Childs for that purpose, but an increase o! force was deemed necessary, as the party of Indians were supposed to be large. Wild Cat had extended an invitation to the garrison at Fort Fierce to visit his encampment and wit ness a dance, and on the evening of the .‘3d, again came into Fort Fierce, with 15 warriors, 3 negroes and self, for supplies of whiskey. As usual his manner was overbearing, and re iving on his passport, he little imagined that its use had been countermanded. Maj. Childs promptly seized all of his party, including 11 poneys. Wild Cat's encampment proper, was distant 35 miles on the Okerchobee swamp, to this Major Childs repaired, but being discovered, 5 Indians who were there escaped. Wild Cat and his party were shipped on tlie Ttli on board of schr, Walter M., tor New Orleans, Lt. Judd in command of the guard. This measure has created general satisfaction—a dangerous fellow is removed, fully acquainted with all of the localities of the country, and the leader of all the murderous forays which have taken place in this neighborhood. Col. Gates, Capt. Wade, Lt. Brown and command, are deserving of high praise, in their endeavor to stop the lawless career of the vagabond, as well as Major Childs and his commander for their successful accompiislunent of orders. From the St- Augustine News. A change of measures, as we had anticipa ted and hoped, have already commenced un der Col. Worth, commanding in Florida. They embrace an entire abolishment of safeguards and passes to the enemy—those licences to murder and plunder, under the delusive hope of winning the Indian to terms. Establishing again a regular system of scouting; stopping all unnecessarv expenditures, &C, which has been so*prodigally indulged in, the building cf quarters, or the establishment of posts merely to be abandoned and destroyed by the enemy. Commanders of Districts to act on their dis cretion iu relation to defence and pursuit, and requires a zealous co-operation’throughout to accomplish what is so desirable an event, a clofce of war. The Commanding Officer is not only determined to deserve success, but his character and conduct must command it. Col. Worth has temporarily established his Head Quarters at Fort King. From the Tuscaloosa (Ala..) Monitor, June 16 LIST OF CASES. Decided by the Supreme Court of Alabama, within the last, being the first week of its June sitting. Spencer vs Dure et al. —From the Chance ry Court sitting in Talladega. Ormond, J. delivered the opinion of the court, deciding 1. A vendee ot land in possession may have relief in chancery when the vendor has made a fraudulent representation as to the title. 2. But the assertion of the vendor that his title was good, is not fraudulent, unless he knew that a better title existed in another. j 3. The facts as to which a discovery is sought, and the action of the court demanded, must be stated with reasonable certainty and precision, and the allegations be direct and positive, and not uncertain and inconclusive before the defendant can be called on to an swer them. The decree of the chancellor affirmed with costs. M. Carter et al vs Simeon Douglass.—Error to the Circuit Court of Talladega. Ormond, J. delivered the opinion of the court, deciding 1. Tiie Circuit Court cannot entertain a motion to quash a warrant and execution, al though the case has been removed by certiora ri. Jt must be tried de novo without regard to the defects in the proceedings of tiie jus tice. 2. The refusal of the Circuit Court to award a certiorari where a diminution of the record is suggested, will not be reviewed in error. 3. General reputation cannot be given in evidence to establish the existence of a co partnership between individuals. J udgment of the court below reversed, and case remanded. Scott vs Macey et al.—Error to the county court of Sumter county. The opinion of the court was delivered by Ormond, J. deciding 1. Where an attachment is sued out as aux iliary to a suit commenced in the ordinary mode, a mistake in the writ of attachment of the time when the court is held in which the original suit is pending, is amendable. 2. An attachment will not be quashed on account of a defective bond, unless the plain tiff is unwilling to execute a good bond. Judgment of the court below reversed, and cause remanded for further proceedings. James Johnstone et al. vs Alex Glasscock et al.—Motion for mandamus against, the Chan cellor of the Northern Division, for not pro ceeding with the cause according to a decree of this court rendered at the last term. Or mond, J. delivered the opinion of the court, deciding 1. If a Chancellor refuses to proceed ac cording to the mandate of the Supreme Court in a cause in which his decree has been re versed, and the proper decree rendered by the Supreme Court, the proper mode to arrive at the justice of the case istorequre him to pro ceed by writ of mandamus. 2. A peremptory writ will not however be issued in the first instance on petition, but on ly a rule on the Chancellor to show cause why the writ should not issue. 3. Where the direction contained in a man date of this court is precise and unambiguous* it is the duty of the subordinate court to carry it into execution, and it ought not to decline obedience upon a supposition that the court has inadvertently, or otherwise committed an error. Jacob Sims vs Thomas Campbell, Ex’r. of Geo. Johnson.—Writ of error to the Court of Chancery of the third District of the Southern Division. Ormond, J. delivered the opinion of court, deciding 1. The distinction between a pledge and a mortgage of personal estate, is, that in the for merthe title is retained by the pledgor, but in the latter, it passes to the mortgagee, subject to be divested, if the condition of tiie mortgage is performed. 2. It is yet an open question in this State, whether tire mortgagor, after a default in the condition of the mortgage, can divest the legal title of the mortgage then in actual posses sion, so as to enable the former to maintain tro ver or detinue against the latter. 3. But if it is admitted that trover or deti nue, under such circumstances, will be, chan cery, notwithstanding, has jurisdiction of a bill filed by the mortgagor to redeem a mortgaged slave. 4. In defence of a bill to redeem, it is not necessary for the defendant to plead or insist on the statute of limitation, if the complain ant in his bill, or by evidence in support of it, shows that-lie has no subsisting title. 5. When slaves have been passed under a claim of title fora period analogous to the sta tute of limitations, the possession operates not only as a bar, but also invests the possessor with the absolute property. 0. The action ol detinue is the only one at law analogous to a bill to redeem a specific chattel, and so far as the statute of limitations can have any bearing on such a bill, it is to be considered precisely as it it was an action of detinue at law. 7. The act of 1800 (Digest 152 §2) which provides that no action shall be commenced against an executor or administrator in such capacity, until after the expiration of six months from the grant of administration, has no appli cation to the action of detinue, as such an ac tion cannot be instituted against an executor or administrator in his representative capacity. 8. lt is questionable whether the act of 1806 (Digest 152 j 2) was intended to apply to any suit m equity. But courts of equity are gov erned by its analogies in the same manner, as by sta> utes of limitations. 9. A shows the mortgage of a slave the 26th June, 1829, to secure a sum of money to be paid in two months. The mortgagee took forcible possession of the slave in October of the same year, and held it under claim of title until Ins death, when it passed to his executor, and they together held it lb more than six. years to suit commenced. Held that the claim of the mortgagor was extinguished by lapse of time, and that the title of the mort o-ao-ee had become indefeasible. • 10. When possession of the mortgaged slave is retained by the mortgagor until the default in the condition, the statute does not commence running until the mortgagee lias actual possession or the slave. Decree of the Chancellor affirmed. From the New York Courier and Enquirer. “ Opposed as we ever have been to the call of an extra session, we still think it may re sult favorably to ti e country, if those in pow er are true to their principles, to their friends, and to the wishes of their constituents. We have always supposed that the true policy of die whig party, was to wait patiently the ordi nary period for the assembling of Congress; and the manifest heart-burning already appa rent in our ranks, afford conclusive evidence of the correctness of our opinion. It can no longer be concealed from ourselves or the country, that there is not that harmony in the whig party so absolutely necessary for success which would have existed had the great meas ures of the party been considered more, and the interests of particular individuals far less. We are well aware, that it is almost treason able to write about, the differences which are known to exist among us ; but as we belong to no clique, and are committed to no man or set of men, and are unalterably determined to advocate certain principles, and all who will not strive for their success, we shall, as usu al, speak freelv of all things relating to the partv,- in the belief that until the disease is ! fully understood by the physician, all desrrip- I tions for a cure are worse than useless. In i the present case, the leaders of the whig par | tv are tb e patient* and the only capable physi • cum is the people. It was supposed tha. the election of Gen. Harrison had rendered he path of duty plain, and the success of ail the great measures of the party morally certain. And such in fact was the case, until certain leaders or their friends, apparently forjot that the power con ferred upon them was a sacred trust to be ex ercised in behalf, an! for the benefit of the people instead of the advancement of purely sel fish views, or the gratification of personalfriend ships and the payment of mere personal obli gations. Mr. Clay’s conceded dissatisfaction with the Cabinet at Washington, the recent success of the loco loco party in the Legis lature of this State, the defeat of Gov. Se ward’s administration on the school question, the remarks of the Sate paper upon the Dis trict Attorney of the United States for the Northern District qf N. York, the charge made by the American that Gov. Seward’s ad ministration is arrayed against the General Government, the quarrel between the Star, Express, American and Commercial, in rela tion to Mr. Webster, the charge every where made that the dinner to Mr. Tallmadge, was got up with the view of driving Mr. Webster from the Cabinet, &c. &c., all go to show that there is want of harmony and concert in action in the whig party which docs not argue well lor its success. That this state is arrayed against the Gen eral Administration is incorrect; though we doubt not buttlie administration at Albany feel and keenly too, that they have been treated with studied neglect, if not contempt, by the adminis tration at Washington , They leel, that but for the course of the Empire State, Harrison and Tyler would not have been nominated for the Presidency and Vice Presidency at Harris burg : and they are not prepared to forget that the great whig party of a state which recorded forty-two electorial votes in favor of the whig cause, is entitled to respectful consideration by those whom they have placed in power. It is said there is no bond of union in the whig parly; that unlike our opponents, those who have the power, are not true to the friends and that good faith among our leaders is a qual ity of rare occurrence. We are perfectly willing to admit that these charges are in part true; we are willing to admit, that selfishness and mail-worship, and an absence of good faith are tiie too common vices of ambitious politi cians aud political leaders ; but it is only after the success of a party that these qualities can be developed in their leaders, and when once developed, they of course forever destroy the political prospects of those who thus dis grace themselves and dishonor the party which has elevated them to power and place. That we have no common bond of union, is true as regards our leaders and selfish cliques of politicians ; but not true as it relates to our party. The people have a bond of union, in dissoluble as adamant; and woe be unto him who endeavors to sunder it. The restcration of the currency and the credit of the states ; a national Bank, the distribution of the pro ceeds of the public domain, and a General Bankrupt law, are all measures which the People willed by the election of William Hen ry Harrison and John Tyler. The success of these measures is their bond of union; and these measures they will require at the hands of their Representatives, in spite of the in trigues and bickerings of those who imagine that their elevation and their welfare are dear er to the people than the triumph of the prin ciples for which we have been contending. From ihe New York Times & Evening Star. We annex extracts from two letters, we have received from distinguished Whigs at Washington. The prospect of union and concert in action is gloomy enough ; but it is not our intention to conceal any thing from our readers on the actual state of affairs.— There can be no mistake, no doubt, no eva sion of the great objects of reform, for which the people, with an immense majority, have recently changed their ruler*. It was to re peal the odious sub-treasury—to divorce the sword and the purse—to regulate the cur rency—to establish a national bank—to adopt measures in relation to the public lands—and to pass a bankrupt law. We are defeated, broken down aud dispersed, if these meas ures are not adopted. The people will never again (rust the Whig party, and it is better that we should know it at this time, than to put off the evil day. The true mode of ma king the extra session available to the coun try is, for the Whigs of both Houses to revive the sale and most desirable caucus system. Let a committee be appointed to call the Whigs together in the great Hall of Congress, every night, if necessary, and in caucus deter mine what measures should be adopted, and can be adopted. Let every tiling be settled in that caucus—understand and be understood, let every man’s position be defined—let all the excitement, all the angry feelings be manifested there, and when the will of the majority is fairly ascertained, let every Whig go into the House, and honestly sustain by his votes, what he has agreed to do in caucus. Every Whig who desires to keep the party united, and save the country, will see that this is the only mode to ensure union, concert in action, and success. We are groping in the dark, feeling our way, aud stumbling over each others opinions and prejudices. Washington, June 9, 1841. The public prints have kept you informed . of every fact known to us that could lead to the formation of a conjecture of the tuture. 1 j say conjecture, fur really such is the state oi J feeling, both in the Senate and in the House, j that nothing like a judgment can by any pos-; sibility be reached. j Mr. Clay, as you know, offered an amend meat to the bill reported by the committee o. nine, for the repeal of the Sub-Treasury, his ; object being to repeal, by said amendment, the State Bank deposit system, and leave the public monies, under the law of ‘B9,’ in the keeping of the Treasurer. His motive for this was, beyond all doubt, a belief that the State (K4 1 sit system could never be re-enac ted, and thus the greater necessity for a substi tute, which he hoped would be a Bank of the i United States. This brought out Mr. Rives,; Mr. Berrien and Mr. Freston, all ot whom . would not consent, upon the ground ot princi pie, that the public treasure (to use their own j language) should ‘for one moment’ be at the disposition of the Executive, through an offi cer of his own appointment, kou will see how this resulted—namely, that until a sub stitute is passed, the deposit system must be the law of the land. The ertect of this is, in : my opinion, very bad, lor its provisions can- j not be carried out by Mr. Ewing, and if the j locos and the impracticables should prevent any fiscal agent from being adopted, e\en Mr. Clay hinted they should then be obliged to revert to the State system, with nesv modifica tions. What the Secretary of the Treasury will recommend, it is impossible to foresee. T. he j President is, in my opinion, opposed to a bank : of discount and deposit, and would probably veto one. upon the ground of unconstitution-j alitv. Wise, I think, will take this ground j in the House, where the most at-gry feeling has been gotten up in relation to the 21st (anti-abolition) rule, which of course was stricken out. Ingersoll voted in the majority j to move a re-consideration, and there will be, j I fear, a very heated debate this morning . the locos intending to irritate the Southern whigs against their Northern brethren, and embar rass legislation by every technical device. — In the vote for sergeant-at-arms, Wise and I many other whigs finally voted for the loco candidate, so that Townsend, the regular wnig candidate, was not elected till the 7th ballot, and then only bv 3 majority. I think I can’see that all actual legislation will be staved off till the members are worn out with the excessive heat of the climate, it not by sickness-one member being ill already; and then the measures, whatever they may be, will be hurried through satisfactorily to no one. This at least, I think there is great cause to fear. I think Mr. Webster would not be much displeased if no bank or other fiscal agent should be established, for then the Bank of Commerce could be employed and the country placed completely under a monied aristocracy, which, in i y opinion, is the very worst of *all possible evils. The locos are undoubtedly cozening around the President, trying to work upon his honest Virginia prejudices. I have great confidence in him,- and do not believe they*will succeed in any actual scheme to destroy the Whig party ; but can we call that which now exists the Whig party ?—-while there are so many jealousies and such divis ion of sentiment upon the very measures for which the special session was called. 1 must confess, while I am not without hopes we may get through this called session without a death blow to reform, still, when I look at all things around me in such a state of perfect political chaos, l have strong fears* such in deed as I cannot resist. Washington 1 , June 8, 1841. The forebodings of the disunion of the whig party, in which many of its best friends, as well as its enemies, have indulged, are brought nearer to an apparent realization by the devel opements of every day. Nothing, however, has more painfully impressed my mind with the impossibility of binding together for any great length of time a party composed of such discordant materials, as the debate in the Seri ate of yesterday. The report in the Globe of the debate I re fer to is in no essential particular inc.orrett, except of course, in its disparaging allusions to Mr. Clay. The truth is, he stood alone, and stands alone, the only bold, unchanged ad vocate for a bank—Mangum alone supporting him; and the others from wliom better things were to be expected, are found wavering, tim id, fickle, vacillating, and uncertain. In the House, too, with a whig majority of nearly fifty, and a full southern delegation, Mr. Adams succeeded in preventing the passage of the 21st rule of the House which excluded the reception of Abolition petitions. The feeling of dissatisfaction and discon tent among the party is daily increasing and developing itself. The session of Congress promises to be a noisy, troublesome, and un satisfactory one. I presume that the New York city nomina tions will not be sent in to the Senate until the Sub-Treasury is repealed and the commit tee on the “fiscal agency” has reported. Os one thing I have great fears —the whig party will separate and be at daggers drawn, before the close of the present session of Con gress. lam oecoming more and more disgus ted witli its want of union and of disinterested views. EXCHANGE & BANK NOTE TABLE COKBECTED BY NORTON & I.ANGDON. EXCHANGE. Bills on New York at sight, 10 er cent prem. Bills on Baltimore, 8 Bills on Richmond, 13 Bills on Mobile, f “ Bills on Savannah, 10 Bills on Charleston, 10 Bills on Philadelphia, 8 “ Specie, 10 BANKABLE NOTES. All the Banks in Columbus, except Chattahoochee R, R. & Banking Company, 70 per cent, dis. Central Bank of Georgia, Ruckersville Banking Cos. Georgia R. R. and Banking Company at Athens Ga. and Branch at Augusta, SPECIE PAYING BANKS. Insurance Bank of Coiurnbus at Macon. Commercial Batik at Macon. Bank of State of Georgia and Branches. Bank of Augusta, Western Bank of Georgia, at Rome, aud Branches at Columbus. Bank ofSt. Mary's Bank of Milledgeville. Augusta Insurance and Banking Company. Bank of Brunswick and Branch at Augusta. Mechanics’ Bank of Augusta. Marine and Fire Insurance Bank of Savannah and Branch at Macon. PI inters’ Bank in Savannah. Farmers’ Bank of the Chattahoochee. Ocuiulgee Bank at Macon, Alabama Banks, 21 per cent pre South Carolina Bank Notes, 10 a 12 prem. Specie paying Bank Notes, 10 per cent premium. UNCURRENT BANK NOTES. Bank of Darien and Branches, 25 per cent discount’ Monroe R. R. & B’g Cos. at Macon, 40 do. Bank of Hawkinsville, 10 do. Life Ins. and Trust Cos. 40 do. Union Bank of Florida, 50 do. Bank of Pensacola, 75 do. New Orleans, June ID. Present prices of SUGAR, COTTON, anil WES TERN PROD JOE, compared with those current at the same period last season, in N. Orleans. i 1841. . 1840. Sugar, La lbj— 4{\a — bP 3a— 5| Cotton, La & Mi. to- S'i a—l 4j— 5|a — ll| Tobacco lit— Si a — 9 ai — 2ja —9| flour Mil 4 20 a-4 25 j 3 a 3 7-5 Corn Otislt— 48 a —so | — 38 a —4O Oats bush— 40 a —42 —3O tt —33 Pork, Clear . . . bb 13'00 a— p or k Mess . . . bbl 12 00 a 15 55 a 16 00 Pork,’ Prime . . . bb: 8 75 a9 00 12 50 a Bacon, H ants ... lb —6 a — 7 8 a 10 Bacon, Sides .• • *b|— Ga — 65 7\<i 8 Bacon, Shoulders . lb 1 — 3 a — 3J- — — 5 (| lb;— 5 a —7Ji -- 9|a V hiskey, rec. . .gall— 19 a —24 a 25 Whiskey, com. . gall a -a COLUMBUS PRICES CURRENT. CORRECTED WEEKLY BY HIRAM YOUNG & CO. Baggiag—Kentucky, yd 00 a 28 Indian, : : “ 30 a 35 Inverness, : ‘• “ 00 a 25 American Tow, i : “ 00 a 00 Ba le Rope, ; : : lb 12J a 14 Bacon —Hans, : : “ 7 a 09 Bides, :• : : “ 07 a 8 Shoulders, * :■ : “ 00 a 10 Beef—. Mess, : : bbl 00 a 00 Prime, : : : “ 00 a 00 Butter —Goshen, : lb 25 a 37§ Western, : : : “ 15 a ~0 Candles—Sperm, : “ 50 a 00 Tallow, : : :• “ 00 a 13 Castings, : : : “ 6 a 7 Cheese —Northern, : “ 12 a 15 Cotton, : : 8J a JOi Coffee—Havana green, “ 00 a 152 Rio, : : : : “ 00 a 16 Fish—Mackerel No. 1, bbl 00 a 00 „ x g . tt 00 a 00 “ 3’, : “ 00 a 00 Herrings, : : : : box 00 a2 00 Flour —Northern, : bbl 00 a 8 Western, : : : “ Tooo 7o 0 Country, : : : “ 600a 100 Grain —Corn, : : bu 00 a 0 Wheat : : : “ 00 a to Gunpowder, : : keg 700a 800 Hides, : t : lb 7 a 8 Iron, : : : : ‘ 9,7 a . . Lard, : : : : “ no ° p F ., . . ; : bu 00 a to Raisln- ‘ : : box 300 a4 00 Lime ’:• : : cask 00 a5 00 Molasses—N. O. : gal 35 a St Vails : : : i lb 8 a 9 Pork,-Mess, :: t bbl <*> a <0 Prime, : : : lb’ 00 a CO Rice, v : : ‘• “ 90 a 06 Pt pper, • • * 44 lv ft Spirits—Brandy, Cog. gal I'sa ~50 Peach, : : 5 ‘* 100a 120 Apple, : : : “ .90 ‘9 Gin —Holland, : : “ fsoa ITo Domestic, : : : “ 45 a o* Rum—Jamaica, : t “ 175 a- UJ Domestic, : : : “ 9® a j Whiskey—frish, : “ 03 a4 00 1 Monongahcla, : : . 87 a1 OO i New Orleans, : : “ 35 a 40 ; Sue t R—New Orleans, lb 08 a 10 1 St. Croix, : : : “J 2 a i T naf : : : “ 18 a 2o Salt,’ : : : : sack 00 a 2 .50 j Soap, : : : : lb J J® Shot, GO a 1- MARRIED On Thursday morning last, by the Rev. Dr. Goul ding, Mr. BENJAMIN F. MALONE <o Miss SUSAN ANN BURCH, all of this City. COUNCIL CHAMBER, ~ June 7, 1841. Council met pursuant to adjournment. Present, his honor the Mavor, Aidermen Berry, Howel', Morton, Morris, Quin, Sturgis and Wili ams. After reading the journal of the last meeting, a communication was presented to Council ff.rJ.L White, in relation to a retail license, which was or dered to lie on the table. Bv Alderman Howe 1. Resolved, That thirty days special notice be given to the public through the Gazettes of this city, that the apparant liahHity of this board, as a stockholder in the Chattahoochee Rail Road and Banking Company of Georgia, has been cancelled. Rejected. On the rejection thereof, the yeas and nays were required to be recorded. Yeas 2, nays 5. Those who voted in the affirmative were Aldermen H'owel. and Sturgis. Those who voted in the negative were Aidetmen Berry, Morton, Morris, Quin and 5\ tll ianis. Alderman Howell. Chaiiman of the committee on accounts, ninde the following report, to wit : The undersigned, chairman of the committee on accounts, report favorably upon the following accounts: One in favor of W. L. Rylander, lor sls 25 “ L. Fields’ 12 50 1.. Fields, _ 250 Ani advise their payment. J. D. HOWELL. Adopted. Chaiiman. An account in favor of Bradford & Smith for $62 50, was presented to Council, which was referred to the committee on accounts. On motion of Alderman Sturgis. Council then ad journed till Monday, Jane 21, at 4 o’clock, P. M. June 21, 1841. By Alderman Williams—The Legislature of the State of Georgia having at the last session authorized the City Council to lay out and dispose oi lots on the North Common and Bay Street, upon the Chattahoo chee River, and many of our fellow-citizens having expressed their opinion, that the early disposition and I improvement of said lots will conduce to Uie bemfil of the City and counity generally. Be it therefore resolved, That the City Council pro pose to lav out and dispose ol said lots as follows : That said lots shall be laid out, commencing at the North Corporation line, and shall contain seventy-four feet on the River, and shall run back tluee hundred feet, provided that said lots shall not infringe upon Broad Street at its upper end, but such space shall he reserved for said Street as is required by the act of the Legislature authorizing this disposition. That the City Council propose to convey in fee sim ple, under said Act, to any person or company of per sons, every alternate lot so laid out; that is -o say, the Council will reserve No. V, which shall adjoin the Corporation line, and give to said p rson or persons No. 2, which shall bo next South thereof, and so on, al ternately ; Provided, said person or persons will bind themselves, their heirs, executors, admimsirators, les sees, and assigns, to erect and keep in proper repair the necessary fixtures for raising or conveying tne wa ter in said River to said lots so that at least seven feet live water power shall be available, at ordinary River height, on lot No. 1, unless it be by consent of the City Council and all other parties in interest. The City Council, in any contract which may be made of and concerning the premises, will require the grantee or grantees to commence operations in twelve months, and to make the water available for machinery on lot No. 1, in two years from the time the contract may be entered into. Further Resolved, That ail grants and deeds, and every grant and deed which shall hereafter be made to any person or persons under this Ordinance convey ing any or all said lots proposed to he disposed of, shal contain the necessary clauses to insure the per formance of the conditions herein expressed, which deed or deeds shall be null and void upon the default and failure of the grantees, his or their assigns, to per form said requirements ; and the lets so granted shall revert to and become the property of the City. W.iich was adopted by the City Council and order ed to be published in all the papers of the City three times. WM. A. DOUGLASS, June 24 20 3t City Clerk. CTWe are authorized to announce M. M. NANCE, as a candidate for Captain in the 773d District, G. M. He calculates on being elected, aud hopes his friends will stand up to him in this, his first appearance on the stage. Election on Saturday, Ju ly 3. .Tune 24 20 It AN ELECTION FOR Captain of the 773d District, G. M. will be held at the court house, on Saturday the third Julv next. By order of GEORGE W. MARTIN. Major. June 24 20 2t ~WYNNTON FEMALE ACADEMY. THE second term of this Institution will commence June 28, Monday, and continue twenty two weeks. Tuition will be sl7 50 per term. For wood and incidental expenses 50 cents. Payment in ad vance. R. W. B. MUNRO, Principal. June 24 20 4t MUSCOGEE SPRINGS. THE subscriber, formerly proprietor of the Colum bus Hotel, will open on the 25 h June next, a house of entertainment to those persons visiting the Muscogee, better known as the Pine Knot Springs, in this county. The excellent properties of these waters, inferior to none in the United States, the healthy state of the neighborhood and the fine society which may al ways he found at these springs, will render them a place of popular and fashionable resort. Prof. Cutting the State Geologist, visited these springs, aralvz'ed the waters, and pronounced them in point of healthy medicinal properties, inferior to none in the State- He hopes that by proper atteniion to the wants of his friends he will be favored with a large share of public patronage. Dancing will be allowed to those who de light in the amusement, and every effort made to plea-e. He invites his friends to give him a call and assures then l they shall not go away disappointed JESSE B. REEVES. June 24 20 ts LAND FOR SALE. THE subscriber offers for sale, the following tracts of land on terms to suit purchasers, to wit: the settlement where he now lives, in Russell county, Alabama, 19“ miles above Columbus, on the road to LaFavette, containing Twelve Hundred Acre?, four hundred cleared and in a high state of cultivation, with a good dwelling house, store house, etn house and screw, negro houses, cribs, stables and lots, &c. Also 200 acres land, one hundred cleared and in good farming order, 14 miles above Columbus, on the same road ; also in the same neigkbo hood. one half section of land, with fair improvements, 120 acres cleared and inferior to none in the country, as regards quality ; also one section of Sand in the lower part of Chambers county, on the B'g Halawakee Creek. 200 acres hot tom land, 30 or 40 acres cleared, and inferior to none in the State. Purchasers would do well to call and see. Terms will be one, two and three in stalments. ZACHARIAH WHITE. Wacoochee Valiev. June 24 20 2t A VALUABLE Chattahoochee River Plantation for sale, with Grist and Saw Mill attached. AVERY desii able plantation, containing fifteen hundred and fifty acres—lying on the Chatta hoochee River, in the county of Stewart, 15 miles fom Lumpkin, i3 from Florence, and 21 from Co lumbus, is offered for sale. On it, are 500 acres of cleared land, well fenced, and in a high state of culti vation. The greater part of the uncleared land is oak and hickory, the remainder pine. The Hitcha chee Creek, a never failing stream —passes through the plantation, and on it, has been recently erected a substantial Grist and Saw Mill, now in successful operation. There is oh the place an exce.lent gin house, witti screw and running ge r complete. The landing belonging to the plantation is one of the best on the river, and a wood yard established at it to sup ply s earn boats, can be rendered extremely profitable. OnahDh pine ridge, one mile and a half from the river, are a small, but comfortable dwelling house and cabins sufficient to accommodate sixty negroes.— This plantation has been settled eight years, and it is said by those who have resided on the place, that not a single case of fever has otiginaled on it during that period. . The Chattahoochee River Plantations are highly valued and justly considered among the best in the South. A bargain is now offered—and any one de sirous of purchasing, will do well to examine thisplace, as a like opportunity may not again soon offer—-and as in the event of its suiting, the terms cannot fail to he satisfactory. Richard M. Pitts resides onthe plan tation and will furnish all the information desired, respecting it. DANIEL McDOUGALD. Columbus, June 17 15 ts BROUGHT TO JAIL ON the 7th June, a negro boy JAC KSON, abt ut 12 or 13 years old, yellow complexion, weighs! about 85 lbs. and-savs he belongs to Jolm Bennett of Richmond county, Virginia, a tobacco trader. The bovsays that he lost his rnasler Between this place anti Montgomery Mr. James Bennett a brother to Mr. J. Bennett, resides in Talbotton, Ga. The owner is requested to come forward, prove property, oav expenses and take him away. p y 1 WM. BROWN. Jailor. Columbus Ga. June 17 19 ts fifty dollars reward. CJToLEN la=t night from my room, from one hun tred and fifteen to one hundred and thirty-five and , in specie, in a tin box. (sardine box) partly roiled in paper, whole and half dollars ; o her denomi nations in small Lucifer Match Boxes, marked w th the amount of the contents. The above reward I will pay for the recovery of the money and corivtcuon of the thi*f or tn proportion for part thereof. June 17 19 if G. A. BECKRO. TWO PLANTATIONS, FOR SALE. THE subscriber offers for sale, on very liberal terms, two excellent settlements of land, lying in the county of Stewart, both of which contain first rate improvements. One plantation contains nine hundred and forty acres of land, 500 of it open land, of a superior quality, en closed with good fences, and in an excellent state of cultivation. On the premises, are a good log dwelling house, negro cabins, a blarksmith shop, a good gin with screw and running gear, and a lar<e peach and apple orchard. This place is on the roa<f leading from Florence to Marion county, and is 10 miles front Florence, 8 from Lumpkin, and 0 from a land nv ot‘ the Chattahoochee River. The oilier place contains 700 acres of land. 300 of which are cleared, and in excellent order for planting. The uneleared portion is well timbered with oak ar:d hickorv. On this plantation are a good dwelling house,'negro cabins, and gitr complete. It is on tho road leading from Florence to Marion county, 12 mil s from Flnrence and 7 from Lmnpktn. A more minute description of these plantations is deemed un-’ necessary, as anv one desirous of purchasing, will of course, examine them. They are, however, dcsit able places, and will be sold on very liberal terms. Both plantations are occupied, and will be shown at any time, to any one who wishes to examine either, or both of them. LEWIS DUPREE. June 17 19 ts SPECIAL NOTICE. SINCE the Steam Boat, Tallapoosa, has been ly-’ ing at the Columbus Landing, and a short dis tance below it, she has been visited by persons known to the subscriber, and valuable irons, bolts, screws and other articles belonging to the boat, taken fri u her. This notice is intended to apprise the. individuals lwhohave abstracted the above articles front tins T;ii apoosa, that they are all well known to the : übscri-’ ber, and that unless said articles, one and all, are forthwith returned to hint, he will immediately com mence prosecutions agreeably to the law, in such cases made and provided. “ S. DI)MMER. June 17 19 ts DISSOLUTION. THE concern of Yonge & Beall, is this day closed’ by mutual consent. William P. Yonge is au thorized to settle its affairs, for which purpose only, the name of the firm will hereafter bo used. WM. P. YONGE, June 10 19 4t JOSIAH BEALL. DISSOLUTION. THE* partnership heretofore existing in the name of Whitesides & Wilder for running a Stage Line between Columbus, Ga. and Chattahoochee, Fla. was dissolved hv mutual consent, on the first instant.— All the unfinished business of the contern will be closed by John Whitesides, or his authorised agent. WHITESIDES & WILDER. June 13 18 St’ NOTICE. IOHN L. LEWIS, Esq. will act as the Agent of the undersigned, during his temporary absence in Alabama. N. W. COCKE. June 17 19 2t GREAT SALE OF APALACHICOLA PROPERTY., ON the Second Monday n July next, will be sold’ in the City of Columbus, all the property of tho Franklin Land and Apalachicola Lot Company, con sist ing of 600 feet of wharfs in front of Blocks C and C. 56 lots improved aud unimproved in the City of Ap alachicola. 50 acres adjoining said town. 320 acres within three miles of said town. Terms made known by the Trustees on the day of sale which will be without reserve. J. C. WATSON, DUMcDOUGALD, J.S. CALHOUN, B.HEFBURN, w-v 13 14 td Trustee* GENERAL ORDERS. Head Quarters, Ist Brigade, 9th Division, G. M. Fbanklin, 20lh May, 1841. THE following will he the order of Review and Inspection fei the First Brigade, Ninth Divis ion, G. M. viz : In the county of Heard, on Monday arid Tuesday the sth and 6t h of July next. In the county of Troup, on Wednesday and Thurs day the 7th and Bth of July next. In the county of Meriwether, on Friday and Sat urday the’9th and 10th of July next. The Field, Staff, Company and nori-Commissioned Officers, of each county, will be assembled on the fiist named day, for the purpose of a Drill, and on the suo-’ ceeding day, the regiments entire will be assembled’ for the purpose of exercise, review and inspection, in’ terms of the law_. By order of Brig. Gen. L. H. Featherston. J. T. SMITH. Aid-de.camp. May 27 16 1J STOLEN^ FROM the subscriber, in this city, on the night O’ the 23d tilt, his POCKET BOOK, containing, the following described notes, to wit: Five notes for $45 each, signed by Asken, George W. Dal las, and Bryant S. Man-gham, security, with a credit on o’ne of sls ; and one note for $35, on Willis Kirby the five first notes payable to Lodowick Mathews or bearer, due 25th December last, date not recollected; the last note payable to the subscriber, and dated and due within tho month of February. The makers of the above described notes are notifi ed not to pay the same to any other person than my-’ self, and a reasonable reward will be given to any person giving information necessary to obtain them as also to discover the thief. MATTHEW* BURNSIDE. of Russel Cos. Ala, March 4, 1341 SEVENTY-FIVE DOLLARS REWARD. FTJYHE subscriber, residing in Columbus, Georgia,- JL lost about a month since, a valuable negro man, for the appri hension of whom in any secure jail so’ that he can get Inin, lie will give twenty-five dollars ;■ and ti the said negro man has been decoyed away by any white person, or been furnished with free papers,- (ne.ither of which is improbable) he will give, in addi-’ lion, fifty dollars, if sufficient evidence of that fact, bo communicated to him to ensure the conviction Os the guilty person. Said negro is about 28 years of age, of small stature,- and named Elije. He is believed to have never shav ed, arid bis appearance, in consequence, is somqyhat’ singular, the hair being long on his upper lip. Whefrf’ spoken to, he almost invariably puts his finger to tho side of his head, and scratches his hair, and his s'pdtch is accompanied by a slight hesitancy. He has th• marks ol a gun shot, just above the knee, in the right thigh, it is thought; the hone was fractured, and tho wound is still visible. The negro, when ltd said any thing about running away, which he occasional-’ ly did, mentioned Tennessee as the diredtkifi of his flight'. SAMUEL BOYKIN. Columbus, Ga. June 19 18 5t HEAD QUARTERS, 10th Div. G. M. Columbus, May 24 1841. DIVISION ORDERS —ln pdrsuance of the General Orders of the Comrnander-in-Chief, tho ioliowirig will be the order for the Annual Revn w and Inspection of the 10th Division. In the county of Talbot, on the 28, 29, arid 30 June next. Macon, 2,3 July Marion, 5, 6 do Sumter, 7, 8 do’ Stewart, 9, 10 do>’ Muscogee, 12, 13 do Harris, 14, 15 do The Field Staff Company, and noti-cofttmissioneU’ officers, will be assembled on the first named dav, irr each county, for the purpose of Drill ; and th Regi ments entire, will he assembled on the succeeding days for Review and Inspection, in conform'dv with the’ law. By order of DANIEL McDOIJGALD, Major General, 10th Division, G. M. BENJAMIN HENRY, June 3 17 4t Division Inspector. TO BRICK MASONS AND C ‘AII‘EN TERS. SEALED proposals will he received by ; CleiV. of the Inferior Court of Heard county, for the buil ding of a court house in the town off rank-fin, Heatd county, until the first Monday in June next. Bids to be for three sizes, viz: one 40 by 50 feet, one 30 by 50. the other 40 feet square, a hid for each ; the hall and court room below, finished ; also a bid for each finished complete, after the style of the cdurt house in LaGrange or Newnan. For further particulars ap rdy at thelnferior Clerk’s Office. By order of th*: In ferior Court. B. BLFDSOE, c i c. April 22 11 * STRAYED OR STOLEN, FROM the stables of the subscribers on the 24th ult. a bay horse in good order, shod all round, about 8 years old, 151 or 16 hands fiigb, blind in the left eye, the other a little dim. a star in his forehead, long tail, fore top cut short, works well in any kind of harness; the hair off in spots about his head, caused” by surfeit ; rn other marks recol ectcd. Whoever delivers the said horse to us or any information lead ing to his recovery w ill be suitably rewarded and all reasonable expenses paid. FLEMING & HARTNF.SS. June 3 17 3t DR. TAYLOR T'Mj’Aß removed his office to Preston’s Row, a few J&TM. doors East of Preston’s Corner, where he may generally be found, unless when professionally engaged Feb 9. 1 if ‘ JOHN ITLEWIS, IS mv authorized Agent to transact any business of mine, during ntv absence from Columbus. M. A. ROBINSON . June 3 17 tf _ McDOUGALD & WATSON, ATIOJiJUES AT Columbus, Georgia