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» • * i CHROMOLE rnKL. aiigls WEDNESDAY XEMBER CI/'Tnc members ol ti e uprr.maling committee of the Whig patty, of P.ich;|ond county, are re quested t> meet at the ofticejoi ihr Chronicle and Sentinel on Saturday U»c- in si., 3 o’clock P. M.. for the purpose of mjjuinating candidates, for county officers, | The Rev. John BKEcxiMtiDfir. I). D.. of New Orleans, has been elected h the Presidency of Oglethorpe University', in p'j|ce ot the Rev. C. P. Behan, resigned. J The Hon. R. VV. Habersham passed through this city yesterday on his wa|. to Washington. — We are glad to hear that In; h ;.s entirety recovered from his late severe iadispofi'toa. To-day we present our re*|iers With the report of the Committee on Internal* Improvements, it is an important document, and s|m.ld he lead with in terest by every Georgian. | Editor's Carres\rmdence. Millki>.'rf,ijli.k, Monday, f NovefnbtS 3(Hii, 1810. v When I closed my letter Si' Saturday the .Sen ate was engaged ia the of the motion to reconsider the vote of I? rid ay, adopting the anti I'. States BaiA result. lons. of the .Senator » front Paulding, in which thus continucu tili a laic hour in the afternoon, whei Itl-e Senate refused to reconsider by a strict par k vote, save only the Senator from Paulding, whl v .fed with the Van Buren party against a recori|k;;eraUon. This iaanHOg she Senatelotik up and pass. bv the requisite majorftv, bill altering the Constitution, so s* to h.>ld|the sessions of the Legislature hinftttHjaftn ISIS. And they are, while I write, engaged in tbs consideration of the bill to organise i new Judici M 1 i.euit. to l*e caiieti the South Western Circuit,y-» he formed ot a por tion of the Chattahoochee a;£J Circuits The Hsuse this morning b»ve been employed in hearing hills read. | The visit of the Hon, WCtrr T. Colquitt to this city furnished the occas’fm lor a meeting of the new allies of the ex-Coi.gress member, at the Capital, on Saturday n.ght. ©witness Ms rant ing on the subject ®f a AatJmal Bank. Os this speech I nay again apeak,'til reflection I should deem it or its author ho suv.s he has re tired to private life.) worth apassing notice. The near approach ol thJtlme at which the Electoral vote of Georgia nV-l be cast for those distinguished sons of Ohio ind Virginia. Wm H. Harrisen and John Tyl-f r, seem® So have in spired tins usually dull pial? wi*a new life, and List night and to-day nunulous ‘VSfttfnrw have Ven making to the numbered v.-.'eo. .N ine of the Electors were in the i»ty this morning at nine o'clock, and the other B*~o, Messrs. Camp bell and Wimberly, were esp ied ,n the hour of ten. ami I presume thev are new in tiie city. ' U ’j. Wince the foregoing was '.lritten, the bill for the organization of the new Ci |tift has passed the Senate. | J. The Hon. W. C. Taw-on ;|uved here late last evening on hi« way io \Vasl|pjrton city— « >.-»n as it was known, such was i t- anxiety of the ciTi w' *eus to hear him on the gmbquestlivi which agi tate the country, that they to rail a meeting to afford him the ojs •* tm.ify of doing so; accordingly a large and respectable portion of our citizens assembled at the rhiTlre, at 7 o'clock and organized by railing Jtidce -j. H. Warren to the Chair, and appointing A. G. i;• LB< n tary. A committee was appointe ito wait on Coi. Daw *s>c, and inform him that a po.ylon of hi.- constitu ents d:-sircd to hear from aim: he very promptly obeyed the call and address Id them in I i.«ual hippy style for about one blur,'in the course ot which he touched or the vari Jj l . topics of the day, particularly the Sub Tror.s.ijly,; and concluded by congratulating them on tbfl success o: Harrison Tylei and Reformh. He lea Jes this morn ng for Washington City, and with i 1m ha carriei the best wishes of l.is constituents. t The Rac| «*. The race-gcins public amateurs of the turf will have an unusual opp ortunity of enjoy Ing rare sport at our annua) faces, over both the Lafayetteand Hampton Fi:-A in inter est, ami fullest ol importune*, on Monday next, will cime oIF the mat h fojk $ 10,000 aside, be tween Mr. T. J. Walton’s tA* so amd Mr. James Long’s Boston. j Col. Johnson’s stable con jnus of Bcslon, (the renowned utid veteran chvupion of the turf.) t'ovdfiam and Wander, I Hammond has, besides C| -toga, gome promis ing colts belonging to Col. s’rowel). Messrs. Edmondson ani Bell have Gunn, Mury Elizabeth and Alice f/m. Col, Kcnnon has ’v,o |r more colts in the hands of Mr. James Pal met; they give promise ol being number one. 2 , Col. Wade Hampton wiiihave, among ethers Fanny, of considerable aid deserved celebrity and Santa Anna, well krioffn to be a good ’un. There is also, now here,* stable of fine look” jug horses from Tennessee.B Correspondence of the. 'C/utmi. le m.d Sent*net. Washinotox, I'Snembcr 27,18-10. ?. it is gratifying to lind ih.J the public has very generally rebuked the prt»ii|tption and arrogance *>f those persons, who have §iken it on themselves to volunteer their suggestions to General Harri' son, respecting the formatuSi of his Cabinet; am! vuho went so tar as to pcf i* out men b\ r namt who should be excluded, aid designated oilier: who were entitled to scats ! |it the. council hoard. The People have lu.l coni dfnee in Gen. Harri son’s ability and discretioi! und having electee him to the highest ollice ii|their government,ar< quit® satisfied that he will jaTound himself wit! men who will be dislingui ted fer their tal nls their industry, their knov edge of business h general and in the detail, md for their devotioi to the interests #f the courlry. As to excludin) wen because they may hen After be candidates so the Presidency—that is a jpsestion which it i probable the public will lit expect G<n. Harri son to regard. How can |be known yet wha ...tbs! ariuo^g|l ! #ncctfs?ion! and how ab-urd it would i>« to vx | elude au\ particular per-ou, on such a principle | I however suited he might be for a particular of -1 lice, iM'fore anv one could s *v that be w ould be a i candidate ibr the Presidency. And tiien. a- to the suggestion that toe highest otrices of the Government ought to he rigidly j withheld fnea alt member? of Cons"t-u —such a a principle might answer very wed in ordinary limes. 3ut let it be rcm. mbered that the stale of j the country, under year- of misrule, has forced! f j into public life the ablesi m;m <>i the nation, and thev have i»cen compelled b% every consideration of patriotism, to lake the post when they might. ‘ l>e of moat valuable serv ice in promoting the great | common cause. Can any man doubt that the j great object of reformers would have been thrown back nm iy years, had we not enjoyed the bene- I fit of the exertions of the leading men ol tire i Whigs r.nd Conservatives in Congress? Ann would it not be most illibcia! and 4 thankless ! now, to proscribe from all the places to which a ! aenerous ambition might prompt them to asp re. | Itlie very men to whom the friends of enlightened j government are so much indebted! The lust ! tuggestian of the propriety of adopting this course } i has come from a quarter which is justly liable to | * the imputation of being nut entirely r/nnitcn sted. 1 OfFice-s*eking is at the bottom ot it. r i' . . I This metropolis furnishes a most interesting -j , , [ j field for observation, not only to the politician. , | but to the student of human nature. Bwift re , | marked most tiuly, that ‘ ; w!ien -.t minister i’-a^ i lost his place, immediately virtue and honor li\ j over to bis successor.’’ Many of those who were 1 the mos' -upnliant servants and patient tools ot . j Van Burcn, have suddenly discovered tliatilir? ! have been all this 'irne wrong in their opinions • i . ; about him, and also aiiout (■cneral 11 o rison.— f I > J* * 1 The change, ol course, consequent upon tir ihs . coveiy, is extraordinary. u, Tis certain, rank, once fallen out with fortune, j Must fall out with men too. What tho declined j He -hall as -oon «ee in the eye- of otliei^, A« feel in his own fr 11. For men, like butterflies,. , Show nut theii mealy wirjrs but to the uiramer ’’ I f How truly must Mr. \ .in Boren admit the i justice ami the three of these lines of JSaaksiieure, ■ ,n his daily intercourse with tho/e who were mice ' the mos unscrupulous and prostrate ol t to r. mi. j led band*. Who now >,.»s and knee!.- x* all «’td I a few mouths ago ? 11 When* re the bending slave'- that followed him ; ? i Where c- the Ihrougiog Hoops that h it*, t-,1 i i " * 1 The Whigs of Washington have magnant . j mouslv reirnhied from cel“ rating the great vie* ■ j torv of .\t»renil>er ]8J0; nor w ill there b»- any : i ; public Jo-non*! ritions ur 1 ':; after the 4*ii March, ’ 1840. But on \\Tdntvii iv last, the 25th instant, * our neighbors of Alexandria commemorated the ■ L j glorious result by h grand jubi’o* a procession, ■ an oration,and by throw mt open their d.,K>r« freely I to all. and giving a universal welcome. In the 1 evening there was a genera! and magnificent illu ! • j mmatiuo. ‘l'hc Members of (’ongr«»ss a e pouriuv into the i ; city. Mr. Bell, ofTcnne**-*-, and M . Adams have arrived. , Gener l l Harrison was at the fist dates from Lexington, on a visit to that citv, Jt. . : To *vV Plalltf;r, ,, beyond his depth. rile stately ship glides o’er tne stormy se;>. With marinei' from thoughts of danger free : : The shallow bark keep- close to snort-. The helmsman Icars the billow’s roar. The above will apply to hatbo! u..; wc neither ; ( ap}>ear, equal to the task we have undertaktn. andean only class among the vessels of light burthen. Xcvertheloss, as no one appears b> do j battle i i tht caute. u wnat i cuiiaidcr tho true | interest of the State, 1 shill atu-mpr an answer ’ ‘ to youi strictures, being at all times sensible ot 1 my defects, and willing to n-tiie from the contest i | so soon as an abler champion shall buckle on , ; his armour in the cause I have espoused. You y say, 1 shoulti t!re wealth of this country cons ists in the production of its great 1 i staple, and that it fluctuates according to the price and tho quantity produced, and then as -1 surae that the planter is greatly in debt, and on this assumption commence y*<ur argument. Tbif assumption may be, ami is doubtless true in some instances, but as a general fact, ex perience does not warrant it as correct. Cross the Savan nah,and we find an entire JMale, whose climate, ; soil and productions tally with our own; win «c * 5 | banks suspended on the same pi ’a as ours; not . I to assist the people as now claimed, but to pre : vent the specie ot the country being drawn Horn ’ the South, in consequence of the suspension- at - the North. The Banks of ('arolina have resum s • e<i ■otwithstanding this fluctuating wealth that, you tell of predicated on cotton. Have we any rea son to suppose the Carolina planter owes less ? than the Georgia yet do we find all these evils; : \ | that yru so much dread following in the wake j of their resumption, do we find Carolina's suns j crying aloud for relief, and asking their banks to I ! copy a ter those of her sister f'tale. Is not this ; a casein point, speakingstrooger than the theories, ! of either one of us, however wc-ii supported they maybe by argument solely. In political economy, experience only proves fully w hatwill be the result * as measures, yel to be acted on. As to the dis -3 i counts that you claim, the Banks being willing to make predicated on cotton, 1 am fully aware! that they arc preferred to the best paper of any j other class that can be offered, either planter alter ' crop is sold, or real business p .per as it is termed. But I do not wish or intend to he lead from tne point at issue by these remarks, which is how a resumption at this time will affect the community j I generally, and if it can be established that it will > benefit the large mass of the tState, it should | be insisted on, that it might not act for the indi- ‘ < vidual benefit of all persons. Bu: before proceeding further, I would call V ! your attention to a portion of your remarks, cal e ! culuted to enlist the prejudices of the conmmni-! s . ty against that portion of the Banks, who have ! •- iicted in good faith toward the State, whose is- | ’ sues have been based on a desire of keeping the ; 1 | currency in a sound condition, and placing their e * affairs in such a situation as would enable them j s I at an early dav to pay oft their indebtedness to the 1 I community. For so doing you hold up the finger { ' of scorn, and endeavor to make I hem a bye* i* word and a reproach in (he land.' I would atk j d j you is this fair, is it like seeking truth, for truth’s | e sake, or is it from a desire to shew your suf erior- j ity over me in argument. You say if these Banks ‘ are so anxious to resume, let them do so, and not s , delay for an act of compulsion. This firings the j n controversity to its true point A goodly position | , n of the suspended banks I believe have «:> arranged i their affairs that they are in a condition to rc- ■ ®urn«; enough of them to furnish a good, sufli ieni : ar and sound currency for the State; but should ! j„ they resume of themselves; does it follow ilia I all would resume; does “ A Planter” believe this certa:.nt!y not; his whole argument proves the contrary. Let us for a moment suppose they act le according to th® doctrine set forth by him, what i-j the result, docs it not ut mice make the papr r ; of the other Banks at a iII gieater discount. • ami tfohs it not follow a.- a necessary result that tins depreciated paper becomes the great circuli- j lim» medium, to the exclusion *4 that which i entitled to credit and protection. Has not the action of the legislature for year.-, h-ien oi such a nature as they supposed bcs* cal- 1 culated to protect the community from losses from I our banking institutions, and does your sufcge»- 1 tion lead to so desirable a result. Is it not apparent, to even a planter. luaTduring i a sus{*eu«ion oneof the main checks to overbanking i is removed, the community look at a return,; find it a of figures, looking well, ami con- j rider all sale; they say it is equally as good as any j of the others, “there is none of them pay spo «ief* and the result is. a bank with a capital of fifty thousand dols.can make issues to an amount tqual to that whose capital is halt u million. Is there no risque in this, 1 would ask. and how can it be guarded against unless by a resumption. Mhall wo overlook the old proverb, save at the spile an«l loose at ’ho bungholes. 1 can readily believe that a resumption may and will probably ; -act ba d on some u! us. hut not to one half ul the extent anticipated by you. Are you not avva e that tiie longer the present slate of al.airs continues the worse will become the currency ot the state. Anecdote is not argument lam aware, j but it will do to illustrate your position. A cer tain neighbourhood having experienced a great drought, being good Christians, called on the pas tar to pray l.»r rain; he. fully aware that the rain though much needed could not well fail to Met all of them, asked on what day they would hu'* it ; wheicupon arose a great dissention among them ; it could not possible .-o fall but that some one must be put to all inconvenience, and they separated fully satisfied, so the rain only came. You. on the - cue principle, would defer a resump ! lion, because it would not su : l all, but are not equally sage in your conclusion. It is not now necessary for me to enumerate those Banka in tho si; le who I believe are fully able to resume spe i cie payments, if protected in their resumption by • legislative action from Tic course pi rstted by the others, neither dm it follow , that all will not re sume " hrM the law asued for is passed. A PI mtei , may r»-t as -urcu h i- Lightened by bugbears ol , his own creation. A resumption, instead of bring ing the evils he dreams of. will restore to the Banks that confidence that the community once I had in them and al-o have a Outdancy to restore the confidence that we as individuals, have m a measure 10-t in one another, and ward oil to an other season these sheriff sale, licit are hehimer ) u-s in lerrorern, and enable all to be well again i under weigh iu the good ship Ucof.ia. But al low the clouds ol distrust to gat her in the Lunt i. >o foil ..ft ihe day ul sailing till ouu us arc aus picious, who is there who will not 1 c pressing i to r th. ir dues. Hanks and ere jiiors of all cits-* . ! lor tear alt may be lost in the general wreck. TWs • is no fancy sketch but the result ul years **l olv m-i ration passed in such situations a . has enabled me to make a correct estimate of the causes for action of lho-»; when so suuulcd. 15. AMI \o Stoi kh it. Georgia Legislature. IX S£.VA T E. Mr.« iai-!(»n,L*hairman of the Com;M>Uevon Inter nal Imprufe.'naots made the following Report. which was read, and two hundred coniej order ed to bo printed. The .li>inl Standing Committee on Internal Improvements, respectfully leport, tii.it Torn the Report of ;iie Commissioners, the work on the Western and Atlantic Rail Roan during the past year, stppea -to have l»»•< n successfully prosecuted j and the mode ol payment by .Stale bonds, tor gra- i ding, is represented by them to have secured the i execution ot the work on favorable terms. The I Committee is well aware tha* the low-price of provisions ami of labor during the p.i-t year, ouglit verv much to ha-, t lessened tin cost of the work I done in that time, and such would have l*e.cu the | case, it it had beA-n possible to have furnished the ' ; Cotnruisaior.erH with money to pay cash prices; j but it is a proposition too plain f<* need argument, | that when the money is not in h uid to pay for an ■ article, an enhanced price lor credit is inevitable; 1 and vet. after the commencement of the work in ; the Mate, at. i the expenditure ola million or more \ of dollars in its pro-erulion. to have then üban- i ; doried or suspended it. i»c uU -c. to continue it, a i little more was to i»e paic tor credit, would have been suicidal of the bc-l interest of the Slate.! When the work was comim'ucod in 1 »3G, it was I believed, on the heat authority, (the experience ami practice ol other Males) ihal a sal*’ of Mate bonds on favorable term 3, could be* effected. Tiie revulsions m the money world, could not have beau, nor were, anticipated. \\ hen this revulsion 1 occurred, we were already committed to the pros cution of the work, and could not halt without ■ loss of character, and of what we had already ex pended. Efforts were made to dispose of the bonds, w hich were to a great extent, unsuccessful. A resort was then had to the bonds, as a means of payment for the work done ; and, so far as the ; Committee is informed, contracts have been made | and executed, some in part and -unie complete, | and paid for by these bonds, at par value, and the j cost on the work has not thereby been higher than were the cash prices ot and This Committee has been informed, that the item of fi~, in the annual Report of the Commissioners, consists of scrip, issued bv the Commissioners, of small denomination, payable in bonds of the Male, with infe.cst. when presen ted in sums of $250, the lowest denomination of bonds issued by the Commissioners. That some of this scrip has been so presented, wad has been liquidated in terms of the .-crip by Mall-bonds: but that an amount of them, probably not less that JSO.OOO is now in the hands of individuals, who, from the r cirrumslai cos,are unable to ac.-utnulafe an amount sufficient to entitle them to demand a j .State oond, and uiu->tsacrifice them to speculators j unless provision be made to redeem them in some I other mode. I nder these circumstances,ffjis Com miltec would recommend that such scrip should | be received at the Central Hank, and at the Trea sury, in payment of notes to that Bank, and pub lic dines, aad that the Commissioners reimburse the amount which shall so be received and redeemed by the Central Bank, from the saie of the Mate bonds ,<s hereinafte r is recom mended. From the Report of the Commissioners, they appear to have no doubt that the road formation can and w ill be completed and paid for, in bonds, leaving a considerable amount of those bonds on band undisposed of, which, with such further ap propriation as shall be made by the Legislature, ; will be applicable to the procurement of timber, 1 iron rails, and machinery. If there shall be left undisposed of, after the completion of the road | formation, bonds to the amount of $1500.000, (and the Commissioners say from three to five hun i died thousand dollars will so remain,) then, with | the additional appropriation of one million ot dol- I h ,rb ol bond*., a sufficient sum may be realished, to pay oil the debts now due to the Georgia Kail I Road, and the Central Bank, redeem the ccrtifi ! c; *les issued by the Commissioners, and also, to ! procure and lay timber and iron and to procure the necessary machinery. It is assumed in i I this estimate, that the pattern of iron adopted, ! j will he of a good character, but not of the hcavi- i I eat description. But these bonds cannot he made j available in a foreign market, where money alone | is to he had for the.. ,or for the purchase iron, i j unless there is offered to the capitalist, an induce ment to invest, and the only inducement which 1 will suffice, will be first, a fair rate of interest: and second, an appropriation of some specific and certain revenue to meet the accruing interest; an i ultimately, to pay the principal of the bonds ut mmiiiiiilllimm Thoroughly convinced of this tact. this Committee adopt* a and addressed to the Bv*a.-.l of Commissioners, the following resolu ma. Hesv'-rrtf, That the Chairman of this Commit*; tn‘ ai’dicss the Board of Commissioners of the , Atlantic and Western Rail Road, a request that tbut Board w ill suggest to the Legis.ature.through I this Committee a project for raising the wavs i and means in money, to purchase the iron, and ! to complete that roan. And received for answer, a letter from the Pres i blent, which s- hereto annexed, marked, A. i ()n this answer, thia Committee hare arrived ; at the conclusion, that in the present demand for i money, in t:u» uncertain stale or Europe a* to a j continuance of peace, with a conviction, that a genera! war in Europe win render mure difficult ihe borrowing of money, and tr.e certainly of its commanding a higher rate of interest that it has done lor the last twenty-five years, this Commit tee would recommend, that me Commissioners i hcicafter beoiulhorised to issue bonds, payable in not less than fifteen, nor more then thirty years, bearing an interest of not exceeding sevep per cent, per annum, payable annually, at Mine con venient point in the State; or it made payaole in London.that then they be at the rate of six and a half percent, per annum. To meet the second exigency, viz: an appro priation “i same certain and specific revenua for the pay men) of interest, and the principal uiti match', the Committee would recommend a spe cific tax of one dollar per head, on each slave in the Mate of Georgia, of or over the age oi ten years, and not over sixty years of age ; and a like lax of ten dollars a head on even tree person of color in this ■late liet ween the aces ot ten mid sixty to be levied annually, and to In deposited as collected in such place as the Legislature should determine, there to remain sacrculy, to he appro priated t« the payment <1 interest as it sho*a'oac ctuc. and any surplus after payment of suck in terest. to he applied as.» sinking fund, in ihe pur chase up of the relate Bonds, at not exceeding par value. It is belirv* <l, that ihe revenue tube raised from this source, would something exceed ’•dtM),- <SOO iii amount, and as this sura would b. more • ban sufficient to defray the interest accruing on the d* i.'Ov incurred, the -urpius would at once be applied as.i sinking fund, in redenip(ion*of the i*oii<i, in anticipation, and the process of redtinp •l* u ni anticipation, would at once st imp these bonds wind a value which woo'd cause them to ti* sought alter. I; is believec, by tins Guminit fro, that the lew ot tf;.*s lax, arid the sacrcrl ap propriatien oi it u» tins purpose, would at once inspire the capitalist with confidence,and as was realised by the Matx of Mew York, in the appro priation o! her sail and auction lilies, lo a like purpose tiie bonds oi this &tale would he consid ered a> the n< -t and saa «I invest m nt. t:<a 1 a mo nied man could make. They would tie rr adiiv taken, the Coimnissioneis would immediately be in funds to pay the debts now due to the Georgia uai! Road, Central B ink, and the ceilinraffs now issued. It this course should huao t ied by tie Legislature, and result, as is anticipated hv the < ‘oinniiiit r*. power should R givt-n to t h mis-ioin *s *.i contract t.»r iron, a> from the quan tity required, much time w ill becon-umed after a contra t, ; H lU !• 'lie w-he’e on lx- d,Ji\< ritl, ;:r;d. theretore. tiio contract might wiih safety now fit made, Jdivciy to begin nariy in the next summer, .lustier * i th-- imu-eol Reed. Irving C, Co, Lon don, whi'-h holda in hy f; thecation near two hun dred or t;>** t-ond. of Xs(>o each, and the interest of the Mate requires that these bonds be relieved from that hypothecation asearlv as pos sible, and a- they cannot be sold whilst n. uung an ii t tesi ut ouiv per cent it i it i orn mendr . hy lliis ('onimitUe. lhattlic < ommission ers be anthorned to retire those bond-, when oth ; ers. fearing tae rate ot .v« u per cent ‘hall have j been sold, and the proceeds realised bv them. This «’ommittce Las pro pared a bill and resulu ( ti* n lo accump my this Report, to !»» presented to : Ui.' lions* ot Reprcscntutivrs, wlieic it must lie | ceswarily originate, and ato-I earnestly recom mend tne passing of tlii- or some other of a sim ilar character. li> • ■'•*,■*/, Thai tin* fre i«urer of the State lie, and is hereby authorised, to receive in payment of all public dues, the scrip her* tolore issued bv the Commissioners ot the Wcsle.ii and Atlantic | Rail Road which are made pay aide in bonds of I Mate, wiieii presented in certain amounts: | and that the Central Bank, in like mani.er.be authorised to receive such script in pa\ment ol I dues to that Ba»ik. tit it further lit.*-deed, 'That the vnd Com i missioners shall, from the sale of Stale Ironds, in t'.eir hands,reirtiburse ami pay the said. Treasurer and Bank, tin’ amount which shall have been paid as aforesaid. (A.) Sparta, Xov. 14th, I h id. Hon. W. VV. Gordon. Sir—\ more sutistactory responce could have been given to the requirements of a resolution, a j dojued on the 12lh inst. by the Joint Standing I I ‘ommiltee of Internal linprovementa, had more i tin.*- Iwr'ii allowed to tire < ’ornirnssiunersof the 1 extern and Atlantic Kail Hoad.” To u:r. ai I leo>t, unaccustomed tocou-idcrand arrange finan. rial s.;hf'i?u‘s, and systenn us taxation, the labor of digesting one that might be regarded as the rnos uligible, intis: ne •*; sarily be difficult. Hut as the board is aksed tor a *iion* onlv.and those speedily piven, I beg leave to offer the following. As recommended in the la«t Annual Report of the Commissioners, I would *ti«iadvise the use ol the Mate's credit, in raising ceasonably, the funds necessary to complete the Western and At lantic Rail Road. A light annual tax imposed on such property, as can most easily licar it, will supply the means of paying the interest of a public debt, and a sinking fund lo extinguish every year, a small part ot the principal. The u«e of $30,000 as a sinking fund, cannot fail to be vastly important—inasmuch as it would have the certain effect of enabling the Mate to sell her bonds at a better price—and at the sum:; time, would so gradually minimise the principal, that in Iv-s than thirty years not a cent would hr ow ing bv the Mate; »ud in the mean time the bur den of the tax would*Bc 1* It by no one. But the presumption rSJustified by the experience of Mew Mew Vork. and other Mates, that in less than five years after the road gels into successful oper ation, the lolls on merchandise.passage money, A;e. &c., will greatly exceed the amount of in terest, and sinking fund, in the first instance rais ed by taxation : and of all taxes tor this object will be discontinued. It has boon seen by our l ist annual report that something over one million seven hundred thou sand dollars have been laid out on fins road, that a balance of between one and two hundred thou sand is yet due to Banks, contractors, and others. With out going into an enmnenttion of particu lars, I suppose that the Mate may incur an aggre gate debt of $3,000,000, and for the pavment ut intercut on this sum at the rate ofsix percent, and providing a sinking fund for the gradual reduction of the principal, will call lor an anual appropria tion of something over two hundred thousand dollars, i h.u amount will of*coursc depend on the size of the sinking fund—one hundred and eighty thousand being quite sufficient for the payment ol interest. Knowing as I do, the am ple resources of Georgia, and that a lax can be so devised as to give just offence to no section of the “ State, I would prefer to make the sinking fund $50,000, instead of any less sum. The next inquiry that presents in-a lt, relates I.* the kind oi property that can with least incon venience to the people, bear this tax. I give the following clarification, leaving the estimate of proceeds from each, to able hands. Ist. UatU in the nand< ot capitalists, ueed m sfjfv' - gpecuipti n aud uitereM. pioiluciug profits. Thw c iii hear 50 rents oo each • 100. so n«te«l. 2d. Bank sloe k—this might bear JO or 40 els, ou <IOO. 3d. Articles ol luxury, such as line carriage*, v.atcSu-s and otl« r Jewelry one percent on cost or value. ■ 4th. Distilled spirit;*, foreign or domestic—live ; cenfs per gallon. | sth. Foreign Wines, 10 cents a gallon. tilli. B;age Loaches-, Hacks and and other ve hicles lor the conveyance of persons for hire, —a specific lax. 7th, F. ee Negroes, ten dollars a head. Bth. River and sea iroaU, kept forjniblic trails- : portation. 9;h. Land, Fiver bottoms. Highlands, Ist. 2d. and 3d. quality, uuK and hickory and the same j fur the same qualities of pine tanri. It does not admit of doubt, that the rich or hist quality of land in tins .*3tale, hearing the long leaved pine, | is equal to the best oak and hickory highland, and can hear as high a tax. 10th. City and town property, i.c. houses and j Lots. I Hu. Slaves between It) mid 65 years of age, i one dollar a head. Below and above these ages, | the property is not productive, and ought not to be burdened. It may he remarked, that, though ; the la v lu re mentioned is more than double that heretofore iin in •South (Barulina and other : slaveholding states, is much higher, in »orne it is , i'Z a head, perhaps more. 1 12th. .Vlerehandiee of all sorts, except spirits j and wine. Our oki lax law operated onlv on the j stocks of goods on hand, on the Ist day of Jan- • uay; and of course much ui the articles escaped i taxation, to wit, all that was bought and sola as- ’ ter thsf day of the vear. 1 understand, that an ad valorem system of | taxation has been reported to the Legislature be- • f'i ••• of its equitabihty; hut it is quite clear that j this feature of the system will not be realised in : practice, without an impartial a-sessment ot val- i up. If every proprietor is irti to assess his own i property, 'ihongir under oath,) the work will be i done unfaithfully by main, and a boon ollired ! lor iheoelmyal of morality, ki% therefore, that ! specific taxes have always been preferred. Our method of collecting taxes, is essentially i vicious one. Collectors are often greedy of • popularity. aiTu return huge insolvent lists, for! die sake of gelling I lie votes of those who are • released. The high .'Sherlif of the county is the j proper collectors ot taxes because he is usually a man of more character, more independence, and j uioie responsibility then ...'d<-h the office of col- ! lector and transfer his duties to the Sheriff. It is in my opinion, inexpedient to lay poll tax. Fer.-ons m this country v, he have no pro- I perty, cannot aid in supporting Government; in tart me tax is but seldom paid, except bv those who pay h property lax. and a well-devised pro perty fax w ill produce abundant revenues lor this government. 1 here may be oilier subjects of taxation, such n- stocks of cattle above i given number. sav 50. I.ar • -tables ot horses key lor hire or sale; but tLi Committee will i.o! need mv further suggest ions on ibis subject. lu (he administration of the fund? raised for internal improvement*, economical results might be produced by some special Legislative provi sions— Were it made the duty of some respon sible fenedauary oi lt>c Government, to transfer funds r used lor t.’o- purpose to 'Ornc Banking Institution of the which would pay a fair I interest on the sums deposited, and promptly ■ meet the dratts and checks of the Commissioners, j that :ui -nt l*e from time to time drawn, to pay ! interest uni other ch murid- - . the consequent ad- j vantages to the public service cannot he doubted. 1 I'hc usual punctuality ot sound Banking Institu-j linns, could not tail to give an increased value to I funds set apart lor public works, aad would in- j sure an accuracy in tiie public accounts, that eve- \ ry one can appreciate. If will he >- rn ny reicrence to the acts passed 1 n that subject, that the < 'oinniis-aoners cannot j make State bonds, having a shorter period to run j than thirty years, 'l ids I »ng period has impair ed the m uket value «*f Bunds used at home, and ■ I therefore recommend such a modification of » x is‘iug laws ks will b.cc i«» the discretion of the i Coriiiuissinners, the lime oi reimbursement be-j tween fifteen and thirtv voars. It is evident, that • this ran make no difference witii the Btale; lor f s..i docs not find it convenient to pay the prin- ; cinal l*elor-*, or at the end ot fifteen years she can j r> m Idy substitute other bonus for an additioua ■ term. But in truth, the Stale can not require ten years to meet every demand, after the road gets into operation. Another amendment is recommended. The a- t of las; year forbids the sale or use of bonds at j any price below par. i ru. Mr. <'hainnan, know why that provision vv s inserted, and vou also kri"\v, 1 H it it may be advisable at times to fall be low par. Georgia has hither’o disposed of no bomls. below par. but most other Slates are doing it ah: s( every day, and u> much advantage. \ summary of the matter hiufed at in this pa- i per. may be thus staled : The whole debt whieti it is expected that the State w ill have incurred, on account of the Wes tern and Atlantic Kail when the work is finished and the cars in .full operation on the en tire length of the loadj'aii; including engine hou- ! scs, workshops, j,ipi oiiicr appurtenant buildings and equipments is estm,ateii at £0,000,000. To mqgt the prompt payment oi ihe interest sum, at the rate of b per cent per annum, a yearlv appropriation of S 1 >O.OOO will be nee ded. And fir the purpose of raising the market val ue ol the bonds to lx sold, and securing their time ly redemption without any sensible burden to the country . it is further proposed to appropria.e from thirtv t.» fifty tho;-and d -liars annually, as a sink ing fund. If only >530.000 ia appiopriated for this purpose, (though a larger sum would be pref erable) then the aggregate stun would annually : be »sg 10,000. This amount, of revenue, it is believed, can readily be raised by a sort ot* specie tax, on the , plan that lias heretofore been need in Georgia ; but with such modiii • lions of rale, as will increase j il on slaves, luxuries, and iich pine lands, and j < other subject* that can most easily bear it. As ibe taxes are collected, let them be forth with transferred to some substantial Bank, and ! placed to the credit of the (Commissioners, the ! Bank engaging, as all of them wi!l|do, to pay a small interest on the deposits, and honor the drafts j of the Commissioners ia paving interest and 1 other dues. Should it he in my power to render services to ; ( the Joint Standing Committee during the Ses sion, I will with pleasure do so. Yen respectfully. Your most ob’t. J- CRAWFORD. 1 Hon. W. W. Gordon. . ]'. S. I purposely omit calculations on the 1 means ot supplying the demands of our public work, except tho-c that may arise from direct tax- < ation. I The assets of the Central Hank, are, 1 presume, j I more than sufficient to supply a „ interest paying M and sm ung fund, until the profits and income from ' the Rail Road shall be realized; but the Central I Hank has no such character of stability* as to give confidence any where—to-say nothing of the 1 probable repeal oi its charter " v The| leading object, at which the Legislature of t .omgia should now aim, with a view to carry on * her public work, is the establishment vj a high a ‘- tn,c : c,cuit i and 1 take leave tu assuie vou, from “ iniicii intercourse with capitalists, on bo h sides of a ‘ v i.iiit ic, teat adoqulale suiii staple revenue 1 ■*>" * areabsolute y indisj.onial.ie. They have not I nor ought not to have, any confidence in pledges of 1 b-m \ tividends or Bank capital. Thev apprehend ' ‘ha, the State Government-dare not tax the peo- c !.c t; rajse the m; ans ol maintaining the public • lbe * Wiil Dot Won it. iui S iet the Mato < . (, k .. \ ardimeh an £ s [ " '(J purposes h p*v her nc-i tt , ’ pelaUdoubl.s * it C B .;![::* Al!»-i t J. f» views wifi' q jp.. the bun ,r to present in u.' «oner> u, n "" : . the >■-n.fin-r , t'’''’ 1 '* 1 r «l»»n.l > 1 to the h ' f ,3 ° l J ( ); or ~‘ a > to lierrmt tl - ‘ ‘-te “l! 'ffl'-ien, act.,, . a u. 4 -ante in.•■■,,, ’’“‘jet i \hT' c, ; ur; ‘ cl . et iSe the. of tw • * rtluc > : that past sessmos have exhibited I ~ ■) J i r'iT ,imtheM; ‘ u - winever'birt ■ j r ol,d foras ijl Sh » prict as sou * I j inai amount. * 1 r fcl - 01 its HR | J };e s a*ay be o-rati „ . V'l lo,s ot T>W'W*> a!rea<! v expencZ i'* i I w ‘»rk, fiie failure of alnagSS ° U i 0 »»• i ! I Lie credit and lame of th e S?ate emir*! J' r '!* r P ri ** I • may i e quite tolen.ble to s uc h a- • , r ’ ll5 'M f ! 1 civiii/Htion ami nave never knovvn **** I liticai morality.•> u u ' t o;p 6 , I But Ido not permit mv-e!f t0e,,.., , ; 'liLvofsucha minous adminis rat lt * I ‘ Vei v respectfully, & C-> ‘ " ! ’ - JAR.u V{OHtj Claude liuvani. —< 'onrtud*,, 0,1 the renewal of their conversation tu j ventured to inquire foi whom the pravei r; £ f 15 * SliiG. * *** j The abbot sighed, and having cautious!, 100 l 1 1 ro V nd ’ rc 'b lied : “ tor Antonia Lur,- zano t i‘ lU ' 1 i heirc-s ol ol.t (.arCii Lorezano, fi.» oiil,',V u' UIJEi ; dies, poor thing : for haMng h j of that tern: V cousin of heis, who h«u |in hot watei these three month- pa-t-lm .b/V } vani.” ‘ ho. i ** Antonia !.• rezairo !*’ repeated •'.« j thoughtfully; “1 have seen that nan:,, ' ln lately.” : a P'^cs V ' > t ry like, -V fur the y give.l notice tl j ■ unless her cousin surrender him-eif bv u . ' Hie should suffer death—a mem moeien “'t ! ' \ It to be supposed that this m.udero.-s traltm ■■ I | (andjiit holy lather cr,-ed himself,, - ou ;.*> |f : l | Enemy in hi? shape—, for many Believe - m P tan liiiusel;—the-aint- protect* us I) w I j to save iter in bony and sou! ‘ ' 3c#9t , “ A,SIS * ro ' -' ;f ‘ 'i the pilgrim, droppin,, ! and devoutly rociteilng a prayer. - "A ! the; f” he icsurned, in a tone of commit,J;,' j “He is heart hroken-be is dying; S0l;o |H j deed is he to deal!!, that it is doubtful whethii lor his daughter will depart first.' 5 Then- * I P ausc * ‘ tla,; m " G this quite certain inquired the nil; \ a “ certain,” continued the ganukins lu ! abbot ; the token that Fathers FruSw i Bernardmc ate desired to be at the Palazzo I®. M zain tlii - night to receive lire condemned one nie> If not irom her pri-o-.; aim thence the gondoia taik H | her direct to the plate of execution—forth* wo f j j <’ii has consented tuat she snail p. s ? her last d.iaz | hour with her firing father.” ' * | ** A!; *' ’ ala - v ' ex. lam ed the piljfim, «■ tU ' . awoiidot woe is this!” i»\ sonic further questions put with utl m i and caution, l;e necame niaste. of the sraolea/, langemenl, and learned that, at a qontrrhArr 1 eleven, the prisoner was to be comers]toi*r ' father's residence in a guarded iitier.'iiK, quarter before twelve, the monks were loftttadv ' in tneir gondola at a >ide-door, where ibe cmi i 1 lan close to the Palazzo, thence sweeping rouse I •b gardens ; tnat they were lu leccive iicr,rr* I I guard- » company ing them along Pa* bask. ■•>ue !ias proi.abjy. observed tii« pikt;g I * poweriiil frieuu.' at work lor ;;er deiixisa#; 1 she might ea-iiy step into a wrong gonuoia,"* 1 hinted significantly. Th-it puts me in min i—” exclaimed the it I bot, starting up Without fiui- oing in* 'entence.ssi I soumiing hi- call, a lay-monk* appeared. ",U ’ 1 father fraccis whether he ia* yet received lit 1 | pass.word. In a lew minutes a smalt sealedjfi ; per wn - biought to the aboot ;h« bmke thehs. * 1 ; imd held ihu j>aper up to the light,bulthepilgnaf. j eyes were quicker and more far-sighted than* 1 | oldman's. * j As soon ns it vti.s dark, Ihe piigiioi', ftVi. ■ i pressevi lo stay the night. lc; k Uieir Jeivf s proiifr j J mg liowever at the .-olicuaiion of Vie aj/tol.w to renew their visit. The dosed in. drim 'R-.j ( and dark. The church-bells aad tolled the | , hour alter ten. Lorezano. piopped uy cushi*,H * : reclined on hi- !»efi —reclined, not :eposed;kHsp i restlessness was fearful, and an unnatural brilliM-Ml , I cy was m his eye; wi:h ominous stiengtas jBH j ■ grasped the hands of those near him. theodaW , • them frantically away, i.is couch shakir.i:c'.- i | i the violence of his agitation*. - s At length the outer portals were heard C j»l» I ( slovriy back, and the words. ‘.She is ttsig | t were whispered from lip ro bp, in every ark* lone of anxiety. By tiie l«gal o. a few ilan:«a.l; * who«e uncertain glare struggled against tie s ana rail-, the condemned one passed the -?K s court ol her ancestral rndnsron, arrayed ia j se:ae* and covs-red ’.vtlii a Jong bl«ok I was •■upperted bv two veiled nuns, foiiowed.j ' few paces’ distance, by the two ulHfcr- in claf ■ j with their swords cmwn; a party armed h>» - i the toot of the grand staii-ca«e. and anothero» r numerous, was left at tiie exteriorporui; j tineis who hafi been stationed early ur the tvq ; ning at different p*)ints on the oiuiiuf ui the p&i-- , zo, stood watchful at their posts. An'onia entered the chamber of her father. the door was closed up n her. she threw back O' ] veil and approached the hed: her iather lay j hi* arms expended to receive f.er,buttheiwtitu* j of Antonia for a moment, quailed wnee diekwf » ed on his attenuated form, and nehelJdeittine»- . i cry fentui e. Throwing herself on his fireasi, I burst into a passion of remors*-‘e<s griet* ““ :>■ 1 that have done tins! —it is 1 that have murder thee, my father .—lt i- I that iiavc taken lA IR * him tiiat gave 4 it to me ! —O God pardon me father can’st tucu forgive m* 1 ’ , 1 “My cfijidl my blessed child!” beesclume-fi j with ail iris remain.ng strength he piessei^" - Iris heart; “it is thy young heart thuti? >^ r t for having struggled to preserve the ;s)of rf® 8 * { cf mine! O Antonia? would that we cou.« - ( die here together—thus? death would lostn> ' J rors and its sting—we should hut sleep fi'- r 1 I merit, an! wake united forever.” .! “Os what import then.”resumed Antonu , more calmness, “will a few hours > e P 1 I rove f —ere ti.e rising of the next situ o^ r spirits will meet, my dear, my dear belo'f- s rent!” , fi . | For a few inotnci t« they west' silent; !D ' ■ reniy hope visited them as an angei ot li-b) | ping balm into their wounds; but stu! I,l ' u of her in-dr of death pressed painfully I and as the days of her childhood ro*e i* lol ' « lie repeated wildly; “ What.my littleciien>- | pretty pratier! the soo’bcr of my wido** 4 p my only treasure? now—in the first s •and lovelinec lube dashed down the y pit ?to linger perchance in pain—in thirfi'-'- v a lion ! <- in thy mercy remove cup! Venice, my country?—l will RCI ! 'l‘ but my parting soul turns from thee "T ,j I rcnce; tliou vv fitened sepulchre? I ‘ ICU of dust and ashes.'’ The old man W1 -p* energy, had raised himself while j''P 0 | his daughter ou his bosom; she wishw i gage herself, but could not; he Iwke ( n> r was a dreaduri expression on his 1 “Mv stiletto;” he gasped out! ‘-there f do you not see it and with one hand » 0 | ed at the imaginary weapon, wluie t twisting convulsively in hi’ u '-‘ u t»' thnl * ~‘> disheveled hair: ”1 will take t.iet ". .^m hoarsly whispered; ‘ the stiletto —• ■ c jnltl no.no, —it Tries from me—my ca ‘•. :n o ir,»f his hold relaxed, he fell back on 1 > m - his his fixed and glaring; there was and in that struggle burnt the proud*' . tho’ noble heart of Garcia Lorczaw- bfr *r Antoma looked up—she saw that ‘ j«JHr " dead: she placed her bauds over bis rin0 *8,- c ® to close them; she could neither ' vc ®P^ eeD i<4 a her brain rcniked and burned? move, and that ghastly visage to |K * shuddering crept over her, aiul snc ■ bod vin a state of utter mscnsibiljO* yft M The half hour after eleven had « • trlß e*,J 1 when the sentinel on duty at uait* f which the gondola was expected at I tbe sJJ? twefve, was surprised to hear thus j sound occasioned by its pulling up and was answered by tiie c - , fl “Pray for the dyjng.”’theynmtt«ed« k^t || \> ana the soldier grounded his a^ m .’ % The monks proceeded < IS the f taircase straight to the - pnvato . ft way seemed peiU-ctlv «i 11 ma Je 1 , ,h<Al m * consequence ot the ‘. ot ' t he i o one, and when out of sigh ~P were equal I) Wt