Below is the OCR text representation for this newspapers page.

CHRONICLE AND SENTINEL. THURSDAY MORNTNG, FEBRUARY 6. I Our dates from Washington are to the 31st u *<., including the proceedings of both Houses on tke day previous. In Senate, various memorials and petitions were < presented, after which r Mr. Grundy, frara the special committee ap pointed on the resolutions offered by Mr. Benton in regard to tbs debts of the States, made a report, concluding with resolutions, concurring almost wholly with the resolutions referred. The report was read by Mr. G., and Us argamefits were chiefly directed against the debts of or „ por tion of the people being paid by another; agai’ist getting in debt at all; and long and most decisi re ly against a*y distribution among the States •j r a •tuplui revenue, or of the proceeds of the public lands. •* Mr. Benton moved the printing of 30,000 extra copies of the report. Aa earnest and animated debate was continued throughout the day by Messrs. Nicholas, Grundy, Crittenden, Benton, Smith, (of Indiana,) South ard, Brown, Preston, King, and Webster. ! On motion of Mr. Kino, the report was recom mitted to the same committee, without instructions, to be modified by them according to their views after this debate. Tfyjf Senate then adjourned. In the House, the day was consumed as usua | in calls of the House, taking the yeas and nays, use- Jess debate upon points of order, &c. &c., on ithe various propositions which have been submitted relative to the public printing, when a proposuion to lay the whole subject on the table prevailed,iand on motion of Mr. Dayis of Indiana, the Hrjuse went into the election of Printer, which resulted as follows: Total number of votes given, Necessary to a choice, Os which — Blair & Rives received, 110 votes Gales k Seaton, 02 T. W. While, (of Richmond, Va.) 2 Jacob Gideon, 1 S. Stambaugh, (of Philadelphia, ) I Duff Green, i So Blair !t Rives were declared to have been duly elected Printers to the House for the 26th Congress. And the House adjourned. At this result we feel gratified, not that the af filiated government organ has been elected, and consequently rewarded for its servile support of the administration, regardless of truth, consistency, or decency; but because we hope for tne honor of of the House, and the character of the nation, after two months have been spent without ha ving accomplished any good, the House will now feel constrained to enter with spirit upon the busi net sos the nation, and that in its future delirora *,tiens, less of that spirit of raebocracy, which has thus far characterised its proceedings, will be ma nifested. We, however, feel proud as Georgians, thato ur own delegation,have in all these disgraceful scenes, exhibited a high regard forthe honor of their state, and a just sense of the dignity of thcii station. The late hour at which the election of Printer took place, prevented a report of the vote for the morningppaper; when received we shall give it a place, that our readers may know who it is that E>have contributed to remunerate the editors of the •lobe for theii servility. “Phiz’ is received—ls he is very desirous to obtain a situation as copyist, we would al.vise him to call on our friend “Anti-Hutnbug|er,” *Vvho would 5 per haps be glad to employ him tl> co py “his lectures” on Animal Magnetism, Jfrom Dr. Reese's Book. I New York. In another part of this days paper will be found an account of another disastrous fire which has visited this apparently fated city., If any |hing were wanting to carry out the efforts of thcl ad ministration party for the destruction of all.com- enterprise, that ruthless spirit of incan diarism w Inch exists in most of our principal cities, will assuredly accomplish it. But yesterday we chronicled the loss of two millions of property, and to-day the unwelcome intelligence of another, aye, and another fire is heralded torth, which destroyed $1 to 200,000. Correspondence of the National Intelligencer. It is highly probable that the British Queen given over her winter voyage. We have now given up looking for news by her, and are looking for the packets. The great losses of the Insurance Companies have had a dispiriting effect upon the stock mar ket, and stocks in general have gone down. The money market is easier than it was prior to Jan uary I; but there is little or no demand for it, because there is little or no new business doing. The laboring classes continue to suffer sadly.— The Alms House is thronged, and the charities of the city have as much as they can do to save the poor from hunger and disease. There seldom, if ever, has been a winter of more suffering than thepreaent among the people. True, meat and flour are low but there is no money for the poor to buy it, and there is no labor whereby they can earn the money. J The question of the repeal of the usury laws is again ag.tateumth.s city. There is no cor responding agitation in the interior. It is not the general belief here that the Penn sylvania Legislature will repeal the charier jT :he L. S. Bank ; and hence its stock stands firmer than might be expected amid such agitatioa, The debut of Mr, Tasistro at the Park Thea tre last night is very favorably spoken of by all the press. A German Theatre is in motion here! > Our State Legislature is doing nothing of-gen eral interest. Gov. Seward has an immense r um^r of appointments to make, and, in general. Be u giving great satisfaction. Tht Philadelphia National Grnotle of Jan. !8, A commiUM from Uni(ed u(m Bank and the Girard Bank, Uft town this morn ing to confer with .he authoritiea „ lrms , m regard to tne Slate loan of * B 7 O onn ; • , thia Kasion. , “‘•inriiea Ta.na or St, L„t „._The Atlae states the arrival of steamboats at St. Louis di.rin ■ , year 1899, to hare h«„ ‘ ' urea for the same time 1,673. ** rt " AUGUST A.* CwierMs. New York, J an . 29. From the N. Y. EvtnHg Star , 29 th utt. Another Destructive Fire in New York. About half past 9 la>t evening, a fire was dis covered in the opper pert of the four story brick building No. 81 Pearl street, which was soon to tally destroyed, with the contents of the upper part, consisting of linen goods of J. M. Hayden, and crockery store by Greenfield & Son. Jhe adjoining building, No 79 Pearl was also destroy ed. with the contents of the upper part, viz: dry goods of A. Salton. and crates of Greenfield & Son on storage. The crockery store No. 83 Pearl of Messrs. Seymour, was with its contents totally destroyed. The dry goods of M olf & Hevnricks, and Tweedy, Mozier & Co. in No. 85 Pearl, were saved but much damaged by water.— The other buildings burnt were Mr. Holmes, 83 Pearl. Greenfield & Son s crockery store i 7 Pearl, building and contents destroyed; Nos. 77, /9 and 81 were owned by Mr. J. V. Greenfie.u and cost $45,000, 24,000 insured. Ail the buildings were four stories, excellently built and ran through to Stone street, where they had another front, making them thus among the most eligible in town. 'These two extremes ga*e great facilities in saving the goods on the lower stories. The great building called the Pearl-street Houae, was several limes on fire, but escaped as the roof was kept covered with w'et carpets, &c. The house furnished liberal refreshments. A heavy snow storm the fore part of the evening ?a ved many houses, and the reflection from the sur face produced an illumination in the heavens al most enough to read by in all the lower pait of the city. , . , 'The Insurance Offices have suffered a further loss to the following amounts, by the fire of last evening ; Mutual Fire Insurance Co. SB,OOO Merchants’ “ 3,000 Contributionship “ “ 7,000 Howard “ “ 10,000 North American “ “ 10,000 Eighth Ward “ “ 20,000 Hudson “ “ € > ooo Williamsburgh, “ “ 4,000 From the Charleston Courier of yesterday. Late from New York. The U L brig George, Capt. Hull, and schr Increase, Capt. Smith, arrived at this port yes terday, having left New York on Friday last. We are indebted to the attention of Capts. H. & S. for the papers of that city up to the morn ing of sailing, being two days and half in advance of those brought by the mail. The papers contain no later foreign intelligence. There can be hardly a doubt that the British steamer had been detained. Some alterations in her cabins were contemplated, as they were a sub ject of considerable complaint on her last trip. A public meeting of the citizens of New York was called for Friday, at the Exchange, to take some measures of security against destruction by fire. 207 104 The Courier & Enquirer says:—“Theic have been however some circumstances connected with the object of the proposed meeting stated to us, which we deem proper to publish, believing they deserving its serious consideration. “We have been informed that on Monday night, when the fire began, there was but seven feet water in the reservoir, whereas there ought to have been twenty, as no serious fire had taken place for some weeks previous. That during the severe frosts all the hydrants were frozen up. That of the forty-five fire engines belonging to the corporation, there are but seventeen in order, or fit for use. That there is not one fire engine stationed be low Vresey street. That Hook and Ladder Company No. 1, sta tioned in Beaver street, has but four members at tached to it doing duty, though no obstacle to completing the full number required existed, save the political opinions of applicants for admission. That the Fire Engine, No. 30, during the height of the conflagration, on Tuesday night, refused to do duty and went off with their engine and apparatus. On the above and many other important points, the Chief Engineer could, no doubt, give his fel low-citizens much valuable information, and we trust he would not consider himself justified in disobeying a call upon him from such a source, for that purpose. We would, therefore, suggest, that he be particularly asked to account for the present inefficient state of the Fire Depart ment compared to what it once was,” A fiae occurred in the slaughter house of Geo. Clinch, corner First street and Second Avenue, which destroyed about S2OOO worth of property before water could be obtained. No movement has yet been made in the Maine Legislature in reference to the North Eastern Boundary question. i U. S. Bank Stock at N. Y., on the 28th ult. —sales 25 shares, 76; 25 do 569 days, 75; 25 do 765; 225 do 76J; 25 do s6O days, 76. On the the 29th ult.—sales 100 shares, s 60 days, 75; 50 dob 66 after 10 days, 77. Cawtos.— The U. S. Consul at Singapore writes, under date of September 28, that advices had been received there from Macao to the 27th August, which stated that the British had all quitted the shore, and sought refuge on board the shipping, an attempt having been made by the Chinese to secure some of them, in consequence ot some Chinese having been killed by the opium smugglers. From the Charleston Mercury of yesterday. The Hamburg Rail Road. The semi-annual Report of the President to the Stockholders ot this Road, for the six months ending 31st December 1839. has just been pub lished. It furnishes substantial matter for hope that some time or oUer that road at least w*ill pay for itself. The gross income from all sour ces for the last half o! 1839 was $224,270 76 Current expenses same time 162,013 90 Net income $62,256 86 What renders it almost certain that this road is now prosperous, is that they now include un der the head of “current expenses,” all disburse ments for machinery, improvements in the road, and the interest on their debt. The entire debt of the Hamburg Road is said to be $515,633 62, the principal part of which is due the Louisville, Cincinnati and Charleston Road.—lt is somewhat singular that the erabar rassments of both these companies should have arisen mainly from their owing each other so much. It looks a little like a game at cross pur ports. The receipts of the Hamburg Road for the last six months tor 1839 have been greater than for the corresponding period of 1838 by the sum of The expenses less by Net gain 92,968 96 Ihe following table showing the progressive increase in the gro.-* receipts of the company, is interesting. v J !n 1834 the receipts were §166,559 , R o fi 249,753 , 171,614 IS3S 280,214 1839 323,380 The average increase is about 21 3-4 percent! Th s road therefore is domg well, and will be pro fitable as soon as it gets out of debt. 1 Orsgox. —The Bill submitted by Mr 1/ in the Senate of the United States, thU fine territory, proposes that Congress shall provide a bounty of 640 acres of land for every while male inhabitant of said territory of the age of 18 years, or upwards, who shall cultivate and use the same for five consecutive years. There has never been a final adjustment of the question between this country and Great Britain . concerning the right to the Oregon region. Our claim rests partly upon the first discovery of the mouth of the Columbia or Oregon river, and the subsequent exploration of the country by Lewis and Clarke, and the right is still farther soured by the Florida treaty, which vests in the United States all the rights of Spain in the Northwest from California to the Russian settlements.— The Spanish explorations of the eoast were ma e earlier than those of England, and in so tar as such priority may give superior right, the same belongs to the United States by virtue of the transfer from Spain. In our treaties and nego tiations with England, the settlement of the ex act boundary line in this direction has always been deferred or left incomplete. In the mean time a powerful agent and instrument of British influence, the Hudson Bay Company, has fixed itself upon the territory and has extended its op erations over a vast region. IV ithin a year or two past the attention of public men in this coun try has been turned occasionally to the subject, and its great importance is beginning to be ac knowledged. It will perhaps cost some trouble to retrieve what has been suffered to go contrary to our interests and rights through remissness on the part of the nation hitherto. From the New Orleans Bulletin of the 21th vlt. Plan of Mexican Federalism. We publish to-day a document that will be read with much interest. It is a declaration of the political views and principles of the federalist party in Mexico, and an exposition of the advan tages and privileges to which all foreigners will be admitted who join in the present struggle.— One of the most prominent among the leaders of the revolution,Gen. Anaya, is now in our city. By application to him, more satisfactory and par ticular information may he had. Eveiy reliance can be placed on his statements. He is an old and distinguished soldier, having served under Gen Jackson during the invasion of 1815, and also in the civil war of Mexico. His familiarity with American institutions has apprised him of their inestimable value, and engendered an ar dent desire to communicate the blessings of civil liberty to his own enslaved, priest-ridden and be nighted country. We have long thought that the resuscitation of Mexico could not better be accomplished than by the infusion of healthy Saxon blood into the veins of that sickly, decay ing anatomy. Should the plan succeed, and the American stock be grafted on the degenerate root that Cortes planted, the best hopes of the Mexi can patriot may be realized, and the world may be blessed with mother confederacy of Sovereign States, free, enl’ghtened and happy, like our own unparalleled republic. Instruction g ven by the Citizen General of Division ar d in-chief of the Federal Army, and Representative of the Mexican nation, to the Citizen Lieutenant Colonel Augustus Huguenin, for the purpose therein expressed. Ist. That every individual who may desire to take up arms in favor ©f, or aid in any manner in the present struggle in which the nation is enga ged against the pretended and so called central government of Mexico, shall do so under the condition of re-establashing the Federal Consti tution of the year 1824, with the amendments which experience and the light of the age may require, for which purpose a Convention shall be called, wfith full powers conferred by the people. 2dly. That the Mexican nation, being one of the most favored countries, on account of the fer tility of its soil, its abundant mineral products of all kinds, and its mild climate, it is necessary for the developement of its riches, to permit the in troduction of foreign industry.—Wherefore all laws which prohibit strangers from purchasing city or country properties, or acquiring them in any other lawful manner, as also those which forbid foreigners to acquire mines, shall be repeal ed, so that they may freely possess them, accord ing to the dictates of common sense, and the mu tual comity of the Mexican people with the re maining nations of the world. 3dly. That out of the property of the nation, and the vacant lands throughout the country, the home and foreign debt shall be paid, and citizens who perform military services until our complete triumph, shall be rewarded. This reward be sides their regular pay, shall be augmented to all those who continue in the service, from four to six years, or until peace shall be established, in the opinion of the government, upon a secure basis. In the same manner, those persons who assist with money or effects, necessary for the ob jects herein expressed, shall be .ewarded. 4lhly. The idea of dividing the present Mex ican Territory into two Republics, as has been highly proposed by some, cannot be admitted, for the reasons which are expressed in the note fol lowing the present instructions.* sthly. foreigners who perform services in favor ot the Mexican nation, in the present strug gle, shall enjoy all the advantages and rights of Mexicans. 6thly. Foreigners who shall enter the service of the Mexican nation, will subject themselves to the rules, order and discipline of the army, and to all the laws of the country. 7thly. It is to be observed, that as well mili tary men as others, who have claims against the nation, shall be paid punctually, whenever there are funds, and when not, the account shall be kspt. and every amount shall be faithfully satis fied at the triumph of our cause. Bthly. At the convention to reform the con stitution of 1824, there shall be some members trom among the foreigners, who, for their honor able services, adhesion to the country, informa tion and other virtues, shall recommend them selves for representatives of the nation. Their qualifications and number shall be expressed in the call for the great convention. nn 2i ,y ; k As T°n l S there is a safe P oint of de- there s hall he established a provisional government which shall represent the Mexican nation. The General-m chi.ff shall resort to it, ln tlm .e of revolutions, the progress of po htical and military affairs requires more vigor, Z f’, c ‘ rcu,ns P ectio ". and a peculiar policy, the said General-in-Chief will have the power during the war, to modify the piovisions The Government that should in any way be opposed to his planning of operations. J pposed lOlhlj There shall be one or two foreigners roent gh anJ CapaC “ y in ,he sail l Govern- The whole of the Met,can territory is re sponsible for the home and leroign debt, which amounts to something more than a hundred mil hons; and if it should be divided, England and our other creditors would be dissatisfied, because it would not be easy to graduate the proportion to be paid by the proposed Northern and South ern Republics—because the population of the latter is the greatest, its means more extensive and its territory, though less in extent much more cultivated. In the northern section there is much less population, less wealth less’inf mation, less industry, and more teJritor t each part there are works which are not only of mutual advantage, but which am useful t/Jn other nations. Besides, there are no natural an convenient limits; and in a country of such pographical character, a line would be uncertain, and aubjecl to unavoidable diS,£f On the other hand, the public opi„ ion of that that admirable form of government “ro'vTdea efficaciously for ah the wants of every Da rt of th! country-tor which reason Federalists exist in large numbers throughout Mexico; but if the $64,949 57 28,019 38 proposition were to form a northern Republic, a the Federalists would be opposed to such a mea sure, and it is certain that the Centralists would, from common interest, unite with them, and in this manner we should provoke greater resistance, and make our undertaking more difficult, and perhaps desperate; which will not happen if we follow the general opinion of the Federalists, to which there can be no doubt many Centralists will adhere, when disabused concerning the per nicious character of the present Government in Mexico. Uniting in this manner all in favor of Federalism, England and other creditors will not be alarmed, becau e they will sec their interest still furthei secured, and their payment more speedy, without being compelled to await the de lay necessarily occasioned by a civil wa', and the settlement of many other great and fearful diffi culties. In conclusion, the re-establishment of the Lon stilution of 1824, with amendments, combines the interests and diminishes very much the obsta cles in the way of a certain tiiumph under the views expressed. New Yohk, January 30. The very gloomy weather, in conjunction with the apprehensions excited by the late dreadful fires, have still a very depressing influence on the mercantile community to-day. There was little business done in stocks, and some declined. United States Bank Shares sold as yesterday. The stock market at present ap pears very inanimate. A judgment for >83,000 against the U. S. Bank was sold at auction at 9/ per cent, the accumulated interest since October to the purchasers. Some marked notes of the same institution sold at 93$ a 94. In Foreign Exchanges the transactions have been very limited. The supply of Sterling Bills is quite moderate. Drawers here generally ask 108 a 108$. For a few Southern Bills, the pre mium asked is 7$ a 7s. The asking price on France is sf. 27$c. the supply very fair, and we quote the rate sf* 30 a sf. 275. Southern Bills | a f per cent less if well known here. A moderate business doing in domestic ex changes. No material alteration in the quota tions of yesterday, but Philadelphia is a little bet ter. From the N. Y. Courier and Enquirer , of Jan. 28. Over Action—Over-Trading—Over Bank- For several years tl'e administration has waged a successful war against Credit , till all credit is annihilated. We have heard of nothingbut over action and over-trade, and the whole energies of the Federal Government have been bent to the great work of crippling and crushing the free spirit of American enterprize. Its whole aim and object have been to hold back and repress the natu ral vigor of trade, and to render unavailing the immense natural resources of the country. The war now going on is a war between Barbarism and Civilization—between the hard-money cur rency of Despotism and the currency of free gov ernment and commercial enterprise. In this coj nection we would introduce a few figures and facts from the last report of Mr. Se cretary Woodbury, which will throw some light on the subject of over-trading, and show conclu sively that the embarrassments of the last seven or eight years have been not owing in any mea sure to this cause, but solely to the imbecility and incapacity of the financiers at the head of the Fe deral Government. Let us take three years near the commencement ot the present century, and compare our exports and imports for that period with those of the last three years set down in Mr. Woodbury’s tables: Years. Exports. Imports. 1805, $95,566,021 $120,600,000 1806, 101,536,963 129,410,000 1807, 108,343,159 138,500,000 1836, $128,663,040 $189,980,035 1837, 117,419,376 140,989,217 1838, 108,480,616 113,717,404 After looking carefully at these tables, let us bear in mind that in the interval the population of the country has more than multiplied three fold—augmenting of course three fold the capaci ties of consumption and production. To meet the demands consequent on this increase of po pulation, the Federal Government has been com pelled to augment its own expenditures in the following ratio: 1805 * $6,357,225 1806 ’ * 6,081,109 1807, - 1836 » * $30,868,164! 1837, .... 39,164,175! 1838, .... 40,427,218!! Thus with a population nearly quadrupled, our exports in 1838 amounted to within a fraction of the amount of exports thirty years previous! Our imports for 1837, exceeded those of 1838 some TWENTT-rrvE millions op dollars.— During the same interval, the expenses of the Fe deral Government have been multiplied by eight —amounting to less than $5,000,000 in 1807, and to more than $40,000,000 in 1838 ! Now will any sane man tell us where is the “ over-action” and “over-trading” in this statement of affairs] Have the People over-traded or the Government] Has there been any such introduction of for eign luxuries as is pretended by the Government] Has there been any such over plus of importa tion of late years, as is alleged in the reports of Mr Woodbury, and in the messages of Mr. Van Buren] Are we suffering under the evils of ov er production and over-consumption ] Arc wc the victims of an over-stimulated systom of trade and credit ? Look at the figures. They speak volumes. They are taken from Mr. Woodbury’s own tables. They are duly authenticated by the sign and seal of the Treasury, It is impossible to deny their accuracy, or to explain away the inevitable conclusions to which they lead And how dose Mr. Woodbury comment on these facts] With his u mal sagacity. He can never look at a subject in more than one aspect and he has presented a commentary m all possi ble simplicity, and without once thinking of the violent conflict between all the reasonings of his reports and all the refutations of his figures “It appears”—gays Mr. Woodbury 5 ; ‘ that the whole imports have not more than doubled since the first four years of the Government, while the expm-t s of domestic produce have quite quadru! “ Agam r Though we formerly exported more ofthe foreign merchandize imported than w now do; yet the consumption of it, since these earliest years, has not increased much over a J 1 ™ : Per Ce " t ' wl ? ,le our population has with per cenT” C Peri ° d ’ inCreased <l uite four hundred ‘ his dis P a rity has arisen chiefly from the facts .ha. larger proportions of our people are nowe'! gaged in agriculture and manufactures, and sun* orboth < f 1 T' 6 than they ° nCe did ’ the Products ot both for home consumption. For one series of three years, about a third ofa century a <y o and another about twenty years ago, thejta^ years l' ar > “ “ durin S lhe •« three Meanwhile manufacturers and aorricnltnra t, bo.h supplied much more in propS th .' once d.d, the population has.more Zn tr"b the eipcnscs ol government have been mullinli’ ed by eight; and because we import sn H P as much as we did thirty year th” ment drowns the popular cry agamst iu ,° V . ern ‘ abuses with a shout of over action I overtmr° U ? over banking I and the ruinous effects Credit System ! ts of the A late exploration of Fannin Countv r has disco verd an immense quantity ofn^’fi 7^ 38 ’ *il« belonging u> the chJJS“ fpelnfi « l re P- ing. - 4,984^572 From the New York Times. Sub-Trkastjrt Bill. —Our readers are al ready aware that the “bill of abominations, ’’ the sub-treasury bill, has passed the Senate of the United States —or, in other words, the bill receiv ed a majority of the votes of the Senators present at its final passage. When this measure was first brought forward bv Gen. Gordon of Virginia, we were opposed to it Gen. Gordon introduced his sub-treasury bill into the House of Representatives in 1834. It then met the decided opposition of the entire de mocratic party. Gen. Jackson denounced it as “disorganizing and revolutionary, putting the people’s money in a position to be “plundered by a hundred hands where one could not now reach it”—and as greatly “enlarging the execu tive power and patronage.’ f hesa truly repub lican sentiments were echoed through the land, and produced an almost immediate abandonment of the project. Here we supposed the scheme was at an end. At least, we never thought it would he revived by a parly calling itself demo cratic; and our readers well know our surprise and astonishment when Mr. Van Buren announced the bill as the leading measure of his administra tion. Had this scheme, the scheme of the experimen ters and spoils men, been left to its own merits, it would long since have been defeated, and its projectors consigned to oblivion. This Mr. \an Bu en and his abettors knew, and refused, when solicited, to bring it forward in any other way than as a party measure. On party grounds alone, then, has this great “ Revolutionary ” mea sure been carried through the Senate; and on par ty grounds, alone, will it pass the House ot Rep resentatives, if it passes at all. VV e do not call the attention of our readers to this subject, at this time, on any new points; but merely to show that some of the results ol the system predicted by us, are fully admitted by its friends in the United States Senate, and not now denied by any of the Van Buren organs. Mr. Buchannan of Pennsylvania and Mr. Walker of Mississippi, both admitted that the first operation of the scheme would be to reduce the price of labor , and justified the measure on that ground. They also admitted that all kinds of property and business would be depressed in a ratio with labor. Well did Gen. Jackson exclaim that the measure was “ revolutionary This is a part of the op eration of the project of which we have forwarn ed the people time and again. Our laborers are to feel the first effects of Mr. Van Buren’s demo cratic (!) sub-Treasury instrument ; then in suc cession our mechanics and farmers, and all, “who trade on borrowed capital” are to fail beneath its influence. Credit is to be annihilated ; and none are to be benefitted but the capitalist and the of fice-holder. The former, with his “specie claws,” may grasp the la.t morsel from the starving poor. The latter, as one of the “privileged order” can lord it over the “common herd.” Do the advocates of this scheme, we mean such portions of the people as have been cajoled into the belief that it will be a beneficial measure, suj)- pose that there will be an immediate decline in house rent, the price of marketing, fuel, in short, of all the nesessaries of life. If they do thev will be mistaken. Nothing but necessity will force down prices ; and so long as the consumer has any thing left it will be dragged from him.— When property, credit and all are gone, then the landlord and the large producer w ill yield, and not till then. This scheme, let us tell you, fel low citizens has a direct and specific tendency to reduce you to the condition of the Russian serf, or at best of the French and English peasant ! We call on all who deprecate the condition here referred to, to make one more effort to arrest the measure before it passes the House of Repre sentatives. We shall do our duty and admonish you so long as the admonition can avail any' thing, and resist until we triumph in its defeat or yield to its overpowering despotism. CIRCTJL ATI OX OF THE STATE BaSKS OF New York. —lt appears from the Annual Re port of the Comptroller, that the aggregate circu lation of the State Security Ranks on the Ist of December last, was Do. ot the Safety Fund Banks, about, Making a total of $ 18,012,019 The aggregate circulation of the Safety Fund Banks on the Ist of Jan. 1839, was $19,373,149 Do. of the State Security Banks, 396,300 Total Ist Jan. 1839, Showing a decrease in the aggregate circulation in eleven months ending Ist of December last, of $1,757,440, notwithstanding the creation of so many new Banking Associations. In other words, the circulation of the Safety Fund has de creased more than the aggregate circulation of the Free Banks, by the above amount. The whole number of Free Banks in the State is 134, ot which 73 have commenced business and have lodged securities with the Comptroller to the aggregate amount 0f57,168,507. Mtchioanv— Governor Woodbridge, in his Message at the opening of the present session of the Michigan Legislature, says ; I leel myself compelled to recommend to your early consideration, the propriety of an immedi ate suspension, or repeal, of all the existing laws relative to our internal improvement system, ex cepting so much thereof as relates to the running of the cars upon the railroads already in use, the regulation, receipt and application of the tolls col lected thereon, or so much as in any wise regards the receipt of the instalments due and accruing upon the five million loan, (so called) and the payment ot stipulated interest.” The whole amount of appropriations on all 11 a^nn kS ° lm P rovement that State, is $ 2 ,- 118,800: expenditures $1,510,315 29 Mon™ aS'*’ a " d 18 f-> The receipts for the Central road for the last year were $61.154 84; expenditures *!!.451 J|i 1^ v, " g i; 7 , 0 ; 3 66 10 pa - v was' uos it), or about per cent. From the Buffalo Commit dal of January 23. AX I.XCIDEXT AT THE FaILS.—W C biOrn from a correspondent at the Falls, that there was a general turnout of the citizens of that place - day before yesterday, to see a live deer take the awful plunge. The deer was driven to the shir! oftherrverabouttwoaad a half miles above,™ r alls. Being closely pursued bv snorters , hounds, he took to the ice, and far, that the portion on which he stno u T S ° from the main body, stream. He was wafted down the h gently until he reached the f l *ery support soon broke in pieces and k " h l s , frail Juggle for life in the'r«d succeeded in reaching n f r f nt * finally 2S?SS%«£2 ° P erson has ever been on the island oep w en the ice lodges around its head and orms a kind of dam, which admits of a hazard ous passage. “azaru- At the present time the river is as open as in midsummer, yet Robinson, who distils,,i«t j nimself last summer by his daring in rescuing Chapin, resolved to go over in a boat and » the deer off. He made an attempt bn, nng able to gain the tsland. Mr companied by Mr. Munger then d«» • ac ‘ go. The, rowed out lo lhc nSslX""’^- '° and. thinking to get into the eddy at its V " if 1 " whU. contendingwith the strong £ broke, and with the speed of a race hor « were instantly hurried toward the brink JT precipice. As they passed over a small b- r r klin jumped out, and succeeded in rtoppiL boat, the water being only about waist deep 8 ter regaining their presence of mind, they ed agaiu, and by means of their single oar a 1 pole, landed on Goat Island just abova the P ■ * The deer still remains on his rocky i s [ dl s> Important.— The Legislature of the Tennessee have refused to provide for u C . a<e ° the Hiwassee. with the Louisville, and Charleston Railroad Company. \ i if 31 ’ that and for other purposes was introduced • f ° r the Legislature by Gen. Jacobs. It came r^* 0 its final passage on the I3th ult., when it * or jected by a vote of 36 to 34. The Nashl n' Republican Banner states, that Gen. Jacobs i an able speech in support of his bill, after wS Mr. Carson made a few remarks, and offers 1 amendment to appropriate S2OO,OUQ $630,000 subscribed by the State to the I ville, Cincinnati, and Charleston Railroad r* I'*’ 1 '*’ pany, to the improvement of the rivers i„ ££ Tennessee, east of Knoxville. \ m .• then made for the ind-finilt puslp <mtm^T^ bill and amendment which was decided | , affirmative as above stated The Banner fur, ' observes that there seemed a disposing „„ lh , part of the Legislature to get rid of tho t u u the shortest possible method Georgia Jour Greatest Knuwv YIEED Coav \U arc informed that George C, Harness p We Hardy county; raised the" past season ° f acre of ground, one hundred and seventh °? bushels of com. Mr. 11. cultivated CatS a view of premium at the approaching a-rirnlt ral exhibition of Hardy county, and the husk and measuring of the corn was attended t 0 k 8 disinterested, intelligent, and highly citizen of Moorefiekl.— This is the most extr dinary yield, from one acre of ground ihatT have ever heard of. Truly, may the $ Branch Bottoms be termed the “garden spots’f the Union. —Romney Intelligencer. ° Latest dates from Liverpool, j) ec j~. Latest dates from Havre j) ec BAGGING — Hemp, per yard 20 a 2o Tow, “ 14 a 20 BALE ROPE, per lb. 8 a u BACON —Hog round, “ 9 a Ji Hams, “ _ a , 2 Shoulders, “ a 11 Sides, “ —a ~ BUTTER — Grs! en , per lb. 28 a 35 Nort Carolina, “ 15 a 25 Country, “ 18 a 25 COFFEE —Green prime Cuba, “ 14 a 15 Ordinary to good, “ 11 a U St. Domingo. “ 10 a 14 Brazil, “ —a ~ iMguira, “ a 15 Porto Rico, “ u\ a 15 Java, “ 15 a 16 Mocha, “ 18 a 20 COTTON — Ordinary, “ 5 a 6 Fair, “ 7 a 7| Good, “ 7| a 8 Prime, “ 8 a | CANDLES — Spermaceti, “ 48 a 50 Tallow, “ 20 a 22 CHEESE — American, “ a 14 English, “ 40' a 50 ClDEß — Northern, per bbl. 9 00 alO 00 In boxes, per doz. 350 a 450 CIGARS — Spanish, M. 15 a2O American, “ 5 a l2 CORN — bushel 50 a 62* FlSH—Herrings, box 125 a 150' Mackerel No. 1 14 none “ “ 2 “ <. “ 3 «« « FLOUR — Canal, bbl. 9 all Baltimore, iS 8 a 850 Western, “ none Country, “ 650 a 7SO GUNPOWDER— keg 6 a 7 Blasting, “ 4 a 450 GLASS —10 * 12, box 350 a 425 B*lo, “ 325 a 4 IRON — Russia, “ 6 Swedes, assorted, “ 6 Hoop, lb 9 a 10 Sheet, “ 8 a 10 Nail Rods, “ 7 a S LEAD — Bar, « 9 a LEATHER — SoIe, lb 28 a 30 Upper, side 175 a 2 Calf Skins, doz 30 a36 LARD — lb 12A a 15 MOLASSES — N. Orleans, gal 40 a 50 Havana, “ 35 a 45 English Island, “ —a NAILS — i b S a 9 OlLS—Lamp, gal 150a 200 Linseed, “ 1 15 a 135 'Tanners, « 60 OATS — bush 50 PEAS— « 1 PAINTS—Red Lead, lb 15 White Lead, keg 300 a 350 Spanish Brown lb 4 a Yellow Ochre, 44 3 a PEPPER — BIack, “ 9 a I2| PORTER — London, doz 4 a4 50 and Ale, American, bbl 3 a3 50 RAISINS — MaIaga, box 2 a 250 Muscatel, « 1 50 a 2 Bloom, “ none RlCE — Prime, 100 lb 4 a 5 Inferior to good, “ 350a 450 SC GAR —New Orleans, lb 7 a 10 Havana, white, “ 13 a 15 “ brown, “ 8 a 9 Muscovado, «« 8 a 1® St. Croix, « 10 a I*l Porto Rico, t£ 8 a 0 Lump, « ]4 a 16 Loaf, « 15 a ® Double refined, “ 20 a 22 SOAP — American, No. 1, 8 a No. 2, 5 a 8 SALT—Liverpool ground, bush 55 a ”5 Turk’s Island, “ none STEEL — German, lb 15 a 16 Blistered, « 8 a 12; SHOT—AII sizes, bag 2 124 a 2 37* SPIRITS — Cognac, Athprf. gal 150a 250 Peach. j a 150 Apple, a 45 a 65 Gin, Holland, « 120 a 150 “ American, “ 55 a Rum, Jamaica. « 125a I<s “ New England, « 48 a 56 Whiskey, Northern, “ 48 a 56 Western, “ 50 a l 0 Mononga. “ 75 a 1 “ Irish, “ 2 , TOBACCO — N. Carolina, lb S a Virginia, « 15 a 4 ‘3 riTJiVE— « 30 a 37* TEA — Bohea, « 50 a Souchong, « 50 a 'J Hyson, *< 75 a 125 Gunpowder, « 1 a 1 WlNE — Madeira, ga i 250 a 350 Sicily Madeira, •* 125 a 1 Sherry, “2 n 3 J , Tenerijfe, « 75 a 1 Sweet Malaga, . “ 40 a °- Pnrte, « 75 a 3 Claret, « “ in bottles, doz 3 a 6 Charnpaigne, « 5 al3 $6,012,019 12,000,000 $19,769,449 Cotton. During the week shippers have had » fine opportunity of sending forward their cotton, and a large quantity has gone down the river" The quantity arriving is very considerable, ho l, by the rail road and wagons ; the market continue very much depressed, and buyers are scarcer Sales arc few, and we quote the following as th f state of the market yesterday, though the genera COMMERCIAL. AUGUSTA PRICES CURRENT, Thursday, February 6, 1840. REMARKS.