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CHROM X£| AND SENTINEL. 1 A l|ti U S T A. TUESDAY MOANING, DECEMBER 22. . . * —— Foil CONGRESS. HINEjI HOLT, Jr. MUSCOGEE. Election on i|r*f Monday in January. * Adam| Press lor »ale. A power press of Mie above improved patent can be obtained at this oiice at a reduced price. It is in perfect order—lale enough to work a sheet 24 bj 36 inches, turns*olf eight hundred sheets per hour and does Us wirk in superior style. The Goverijor’s Relief project. In this morning’s will be found the re ports of the select Committees on the message of his Excellency sul;esting his views as to the measure of Relief *which should be adopted by the Legislature,—til’ majority and minority re ports of the Senate committee, and the majority report of the Hoi|e committee. The report of the minority of thi House committee, we have omitted as it was qi|te the same as that submit ted by the majorityjjjf the Senate’s committee. Mr. William C. 'Richards arrived at the Man sion House last earning, bringing with him the first part of “ Geoteia Illustrated concerning which the Northeli literary press has recently said so much. We|pannot do it justice in a few lines, and will, tln|efore, postpone a notice of it until our next. ! We commend note to the attention of our readers. f | Thursday, Dec. 22. Mr. Editor, —Wtfceg leave, through your paper, to inform our frien * that we have entrusted the agency of e d” to our mutual and particular fric-|d, Mr. Horace G. Day, a young gentleman v|iom we introduce to the citi zens of Augusta every way worthy of their esteem and confiden|e. He will immediately wai: upon them to secijje subscriptions to ..he which we also comi|end to their favor and patron age. Respectfully, yours J( I William C. Richards, * T. Addison Richards. The New York of the National Inte ligencer, und«j date of the loth says:—A passenger from Bangor reports in Boston that a regiment of British iroops had encamped upon tha disputed territory, :|id that Gov. Harvey, of New Brunswick, had officially notified Gov. Fairfield of the fact [?] whereupon Gov. F. was preparing des patches to Washingjpn by an especial messenger. This is all exaggeration. Correspondence if the Chronicle Sf Sentinel. Mff ledgeville, Dec. 19, li>4o. A motion was ra|ie in the Senate this morning to reconsider the v«e of yesterday, laying the bi 1 reported in pursuance of the Governor’s Relief Message, on the foi the balance of the session. It failed Yeas 411-Nays 44. In the afternoon took up the appropriation bill, and after som| discussion, voted themselves $5 per diem. Thejnll was then laid on the table till Monday. Thelsenate then took up the reso lutions, reported I * r the Committee on the Stale of the Republic, if: favor of One Presidential Term. Mr. Gordon moved to lay them on the table for the of the session, which motion failed. After a loj> * speech from Mr. Echols, of Walton, (in whicS was neither sense nor argu ment,) and brief f.pecches from Messrs, Jones, Miller, Kennon, and others, the vote was taken on agreeing to the resolutions, when the Senate was comparatively thin ; and the resolu tions lost—yeas cj, nays 45. Some five or six Harrison men vot?J against the resolutions ; no doubt considering matter as settled by the peo ple, and not lequiAng an amendment of the Con stitution. I The Senate met ft 9 o’clock, and passed a num ber of bills —araoig them, one authorizing the interposition of in cases of levies for taxes; and another, providing that where any executor, administrator, or guardian, applies for letters dG missory, and (ifte:|giving the usual notice,) thcie shall be a balance yn hand, which, if no person comes forward tojclaim, the Court of Ordinary may pass an ordel requiring him to retain the same, subject to is Older, at an interest not ex ceeding 4 per ceayper annum ; oi order the same to be deposited in fich solvent bank as the Court shall direct, subjeef to its order. Q, i H Milledceville, } Saturdays o’clock, p. m., Dec. 19-5 This was the set apart some time ago for ad journment; butalrhopeof that is now abandoned. Several milters o* importance are yet to be ac:ed upon, which wLl.Lrobably, consume two or three days of next weelS The House has been engaged nearly all this davj in a very animated and inter esting debate ujicJ the subject of our relations with Maine. Thi question came up, some days ago, upon the report of the cornraitte on tne state of the Republic, viuch recommended a correspon dence to be coutl> ued between the Goveinoi of this State and olhc# Southern States upon the sub ject of similar w:«ngs, to which they are a’l ex posed, in order ufmake common cause in some general remedy tcloe adopted,—to which a substi tute, byway of Al, had bfeen offered, declaiing that until the people of Maine, thiough their Go vernment, should iomply with their constitutional obligations to the leople of Georgia in the delivery up of fugitives fjsm justice, they should be held and condsidered of suspicious character ; and whenever to ne ;Xund coming in this State, to be required to take oath to observe the laws of the State in relation tl slave property during their stay within its limits ;Lnd also to give bond and secu rity to the sameleffect, or be imprisoned. The whole subject carfe up to-day, and after considera ble discussion upc*. the measure proposed, in waich Messrs. Jenkins, I tiles, Murphy, and Chappel took part against it, ail Messrs. Stewart of Mclnlosh, Stephens, Williciis of Talbot, and Flournoy of Washington, in f J» r or, Mr. Crawford, of Richmond, moved its refeietle to a select committee, which was agreed to. |he committee soon reported, as a substitute, the qw.rantine regulation which passed the House last sfcsion, when the debate was re newed —Messrs. fVlillin, Hotchkiss, Bethea, and Toombs, in addijhn to the others, advocating, and Messrs. Hardemja and Chappel opposing. The vote was not ts |ren until dark, and then resulted in the passage c the bill by a very decided ma jority. But few c the Harrison party voted against it, while the gre it majority of the Van Buren men opposed it. * The Senate alio, I understand, was engaged in a very intercstingiiebate on a resolution of Mr. Mil ler, in relation t Jthe Presidential term, and recom- I mending tha ; his election be restricted to one term. I This resolution was opposed by Messrs. Goidon i and Echols of Walton, and advocated by Messrs. Miller, Jones, and others. The post note bill has pissed the Senate, and been read once in the House. The bill compelling Rail Road Companies to pay for stock killed on their roads, has also passed the Senate. It had previously passed the House. The College bill has also passed the House with an amendment, but has been re-considered, and is still on the table undisposed of finally. An important change was effected in our law yesterday, in rela tion to the public advertising of the county officers of the several counties of the State. Heretofore, in almost every county, they have, by some spe cial act, been compelled to advertise in some par ticular place or paper. All restriction is now abo lished, and the officers in every county can make their publications in any paper wh ch has a general circulation in their county, by first giving notice what paper they intend to use for that purpose. A great number of local bills have passed both houses within the last two days, but none of im portance, I believe, which I have not noticed. I send you with this a copy of the late Executive message, and the report of the select committee to whom the subject was referred. As is usual in such case, theic was a majority and minority re port. I send you both. To comment upon the re marks of the majority of the committee touching the subject, would be useless. Their exposition of the policy recommended is sufficient to give ii a general condemnation. Yours, &c. Hamilton. Proceedings of Council. Council Chamber, Thursday, 7 o’clock; p. m., Dec. 17, 1540,3 Council met pursuant to adjournment. Present, the Hon. D Hook, Mayor. Aldermen, Harper, Bones, Jackson, Parish, Flemming,Miller, Crump, Robinson, Richards, and Dunlap. The minutes of the last meeting were read and confirmed. The following resolutions were offered: Resolved, That the committee on the Hospital be authorised to repair the fences around the City Hospital on the best terms which may offer, and, on motion, that the fence around the Magazine be included in the same contract. It was agreed to. Resolved, That twenty-five per cent, be added to the next year’s Digest of Taxes.. Which was passed. The following Ordinance, to amend the sth clause of the 35th section of the General Ordi nance, was read a third time and passed. An Ordinance, to amend the fifth clause of the thirty-fifth section of the General Ordinance, re lative to certain taxes. Be it ordained by the City Council of Augusta and it is hereby ordained by the authority of the same, That stocks of taxable merchandise brought to this City and exposed for sale, after the period of maKing returns, shall be subject to the payment of a tax of a quarter of one per cent, on the value thereof, which value shall be the cost of the same, and shall be ascertained by the oath of the owner thereof or his agent, who shall be called on by the City Marshal to make a return of the value of such merchandise on oath ; and on failure of such agent or owner, to make such return on oath, the City Marshal shall proceed to fix the value according to the best evidence to be obtained, and levy the tax accordingly. Sec. 2. And be it further ordained by the au thority aforesaid, That all Ordinances, and parts of Ordinances, militating against this Ordinance, be, and the same are hereby repealed. Done in Council, this 17th day of December. 1840. The following Ordinance, to amend the 24th section of the General Ordinance, was read tnree times and passed. An Ordinance, imposing a Tax on sales at Pub lic Auction. Be it ordained by the City Council of Augusta, and it is hereby oraained by the authority of the same, That there shall be a tax of two per cent, imposed on the amount of sales hereafter made at public auction, within the corporate limits of the City of Augusta, except on real estate, negroes, and shares of the capital stock of banking, or other joint stock companies, the tax on which shall be one half of one per cent. ; but no tax shall be le vied on sales made by virtue of legal process, or by executors, administrators, or guardians. Done in Council, this 17th day of December, 1840. The following ordinance was read three times, and passed. An Ordinance to create the office of Superintendent of Streets, Drains, Water-works, &.c., and to fix the salary of the same. Be it ordained by the City Council of Augusta, and it is hereby ordained by the authority of the same: That on the first Saturday in every year, the City Council will elect an officer, to be known as the Superintendent of Streets, Drains. Water works, and all other public works, when ordered, under the direction of the Mayor and Council; to hold his office for one year, and until his successor shall be appointed, with a salary of eight hundred dollars per annum, and that during the existence of this Ordinance, the office of Street Officer be abolished. Done in Council, this 17th day of Dec., IS4O. Council adjourned, to meet Saturday evening next, at 7 o’clock. S. H. OLIVER, Clerk. Council Chamber, ? Saturday, 7 o’clock, r. m., Dec. 19, 1810.3 Council met pursuant to adjournment. Present, Hon. D. Hook, Mayor. Aldermen, Pa rish, Bishop, Flemming, Crump, Richards, Dunlap Bones, and Harper. The minutes of the last meeting were read and confirmed. The following Ordinance, amendatory of the sth clause of the 36th section of the General Ordi nance, was read three times and passed. “ There shall be annually appointed eight good and efficient men, who shall be known and denom inated the City Watch. The said City Watch shall be mustered at the Guard room at S’clock on every evening, and shall be under the control and direc tion of the City Marshal, whose duty it shall be to detail for patrol duty four; he shall prescribe their route and direct the time of service, when they shall be relieved by the remaining four. Each indi vidual of said City Watch shall be paid one. dollar .per night for each and every night of service ren dered, from and after the Ist Saturday in January next.” Done in Council, this 19th day of December, 1840. Be it ordained by the City Council of Augusta, and it is hereby ordained by the authority of the same , That from and after the first of January next, there shall be a tax of one eighth of one per cent, on all taxable merchandise sold on commis sion at private sale in the City of Augusta, which may not have been returned for taxation at the usual period; and that it shall be the duty of all persons who may have sold an}’ such goods on com mission, to embrace all such sales in his or her next tax returns, and to pay the tax hereby imposed thereon at the period of paying his or her tax there after. Sec. 2. And be it further ordained by the au~ thoi-ity aforesaid , That if any person or persons shall neglect or refuse to make such return, he or they shall be subject to the same penalty as per rons making default in the return of the general taxes as provided for in the 34th section of the Geneial Ordinance. Done in Council, this l9thdayof December, 1840. The following Ordinance was read three times and passed. Aw Ordinance to levy a Tax on Equestrian Ex hibitions, and for other purposes. Be it ordained by the City Council of Augusta, and it is hereby ordained by the authority of the same, That from and after the passage of this Or dinance, there shall be a tax levied on all eques trian exhibitions for pay, at the Circus or else where, in the City of Augusta, of ten dollars for every time such exhibition shall be presented, if between sunrise and sunset; and if such exhibi- i tion take place after sunset, the tax on the same ! shall be twenty dollars for every time of perform- j ance, to be collected daily by the City Marshal. j Sec. 2. And be it further ordained by the author- j ity afore said, That if the aforesaid tax shall not j be paid to the City Marshal on demand, execution I shall issue forthwith against the property of the ! person or persons liable for the same. Sec 3, And be it further ordained by the author" ity aforesaid, That all ordinances and parts o? ordi nances militating against this ordinance, be, and the same are hereby repealed. Done in Council this 19th day of December, IS4C- Tne following resolution was passed. Resolved, That the Committee on the the River Bank and Wharf be to have the upper i wharf office putin good repair on the most reasun : able terms in their power. Council adjourned. _S. H. OLIVER, Clerk. For the Chronicle <$- Sentinel. Harrison, Tyler, Berrien, Dawson, Holt, AND BANK MEETING. At a large and respectable meeting of the friends of Harrison, Tyler and Reform, of the counties of Campbell and Cobb, at Sand Town, Campbell county, Ga., according to previous public notice, on the 12th December. The meeting was organized, by calling Captain Martin Kolb to the Chair, and appointing James H. Wilson Esq., Secretary. The following Preamble and Resolutions were offered bj- Doctor Glentworth, and unanimously adopted: Whereas, At a meeting of the Harrison and Ty ler party, at Milledgeville,on the 23d of November last, it was requested that our friends in the seve ral counties throughout the State, would send del egates to the Coe vention to be held in that city, on the 17th of December next, for the purpose of nominating a suitable candidate for Governor. Resolved, That the Chairman appoint a commit- ■ tee of five, to select three suitable persons to re- i present the county in said Convention. The following gentlemen were appointed; Dr. i Glentw'orlh, Judge Howell, Capt. Win. Butt, John I Wilson, Esq., and Jeremiah Langston, Esq., who ; retired, and nominated tne following as delegates: ! Dr. Edward H. Glentworth, Richmond Baige, Esq , and James H. Wilson, Esq. Resolved, That we do most cordially con°ratu | J n I late the Whigs throughout the Union, on our most I glorious triumph. That although Liberty was ! wounded in its holiest sanctuaiy— the Cons’itution violated, by the exclusion of a sovereign State from the councils of the nation—our legal agents j assuming to be dictators—that wc thank God, we are yet free—with Tip and Ty at the helm, our | Republic is safe. i Resolved, That our views in regard to the Sub- Treasury, are unchanged ; the sovereign pcop’e call loudly for a Bank, and they must be obeyed. Resolvea, That the election of Gen. Harrison is now settled, and hope it will be followed up by the establishment of a National Bank, with a Uniform currency throughout the Federal Union; and we j call upon our Senators and Representative in Con ; gress, to urge the repeal of the odious Sub-Treas : ury, and on its ruins establish a National Bank. Resolved, That our thanks are due to our politi cal friends in the State Senate, for their manly and independent course, in resisting and defeating the minority, in the election of U. S. Senator. (The Chair explained to the meeting in a happy I manner, the course our friends were obliged to ° I pursue.) Resolved, That the Hon. John McPherson, Ber rien is our choice. Resolved , That we cordially approve of the nomination of Col. Hines Holt, to fill the vacancy occasioned by the resignation of Walter T. Col quitt, in the present Congress, and will give it our hearty support in January next. Resolved, That we will leave to our delegates, as to what will come before them in Convention, to their sound discretion, untrammelled by instruc tion ; but our preierence is Dawson', of Green-- Georgia’s favorite son. Resolved, That the proceedings of this meeting be signed by the Chairman and Secretary, and published in all the Harrison papers of the State: Chronicle & Sentinel, Augusta; Georgia Journal, and Southern Recorder, Milledgeville ; Messenger, Macon ; Enquirer, Columbus; Whig, Athens, &c. Resolved, That we adjourn, to meet again at the ballot-boxes, en the first Monday in January next, I pledging a pull, a strong pull, and a pull all to gether. MARTIN KOLB, Chairman. James H. Wilson, Secretary. Murder of Mr. Suydam.—The northern city papers have been for several days past oc cupied with speculations in regard to the sudden and mysterious disappearance of Mr. Suydam, President of the Farmers and Mechanics Bank at New Brunswick, N. J. Soon after a consultation with the directory of the bank a few days ago, at which he expressed emphatic opposition to dis counting certain paper that was presented, he loft the bank as was supposed to go home, but was never more seen alive. His disappearance was attributed to a sudden alienation of mind. It appears, however, that he was inhumanly murdered. His body has been found in the cellar of one Peter Robinson. Suspicion had been entertained—the floor was removed—the place observed—and the body found lour feet under ground. The skull was broken by a violent blow from a hammer, axe, or other instrument. Robin son is a carpenter by trade, and had purchased the lot and received the money for building the house on credit from Mr. Suydam. Mr. Suydam was undoubtedly induced to come to the bouse of Robinson under the promise of paying off his obligations, as the mortgage bond, notes &c. were I all found in Hobinon’s possession. Robinson, i bis wife, and brother, are secured.— Madisonian . < Correspondence of the Charleston Courier. Washington, Dec. 16. The Senate was, to-day, again engaged in the discussion of most important political questions — tbe state of the finances — the means of mee ting the public expenditures— prospect of a per manent public (hbt, &?. Mr. Webster takes the lead on these subjects. On the motion to refer that part of the Presi dent’s message which relates to tbe finances to the Committee of Finance, Mr. Webster entered into an elaoorate view of the finances of the coun ty- He said the view taken by the President was very plausible, but was calculated to produce erroneous impressions. He did not wish to excite any angry discussion, but he thought u the part ot wisdom to look to things as they were, rle called the attention of the Senate to that partot the Message which inveighs against “a national debt,” and he denied that there was, or had ever been any party in this country, which was in fa vor of a national debt per se. The present ad ministration, however, had involved the country in a heavy debt, while they declaimed against debts. He took a view of the present debt. It was certain, he said, that, for some years past, the I expenditures had exceeded the revenue by about seven millions, annually. The amount of the present debt; which the Secretary of theTreasu j ry had concealed and mystified, was enormous. I He west into the details of debt on account of I Indian treaties, Indian wars, Indian depredations. | public works, treasury notes, &c., shewing that j the aggregate was vastly greater than the Presi- I dent chose to allow, and that it must soon be j provided for, in some way or other. He next arg ; ued that no provision had been proposed by the administration for meeting the public exigencies. He himself was in favor of meeting the expendi tures and debts by duties of wines, teas, silks, &c. He expressed the hope that the administaation would bring forward some plan of this sort, in or der to prevent the necessity of a special session of Congress. He made no proposition on the subject. Mr. Wright intimated an intention to reply to the arguments and statements of Mr. Webster, and the subject was postponed for the present on his motion. Mr. Calhoun will, I am certain, speak on this topic. In the House, petitions were presented. Mr. Adams endeavored, but without success, to call up his resolutions asking information as to our political relations with China. Mr. Petrikin offered a resolution directing the committee on the Judiciary to inquire into the expediency of reducing and limiting the fees of the District Attorney. It is quite time that this matter should be looked to. It is not to be tole rated that the District Attorney of New York should receive forty thousand dollars a year for services, which are of no great public impor tance. The Vice President of the U. S. (Col. John son) appeared this morning, and took the Chair of the Senate, looking unusually well; Mr. Moulton of Louisiana also appeared. Washington, Dec. 17. Mr. Wright made a most beautiful speech to day, in reply to Mr. Webster, on the subject of the,condition of the finances. The whole Se nate, both parties included, were with its temper and its marked ability. The question before the Senate was on the reference of the financial portion of the President’s Message to the committee on Finance. Mr. Wright replied, first, to that part of Mr Webster’s remarks which related to the Presi dent’s admonition against a National Debt. He said the President had not intimated that there was any party in the country in favor cf a Na tional Debt, per se. Neither did he, Mr. Wright, assert it; but he would maintain that there was, in this, and in every civilized nation, certain in terests which are promoted by a National Debt, and lead men, perhaps insensibly, to favor the creation of a Nationel Debt. He said that he had read able articles in the Whig papers, since the election, recommending a National Debt as a financial measure, and asserting that the late fluctuations in the revenue, currency, and busi ness of the country were the effect of-the ex tinction of the late N ational Debt. He then undertook to prove that the whole debt, as stated by the Secretary of the Treasury, which would be left by the present administra tion was only 4,500,000, and that this could he paid out of the revenues of 1841, if Congress should not exceed the estimates of the depart ments. He denied the existence of any thing that could be called debt growing out ol the In- ' dian treaties, depredations, &c. The Senator from Massachusetts had complained that the j President had not recommended a revision of the 1 tariff, and proposed a therefore, in order to meet the future exigencies of the Treasury, i and increased expenditures- But how could it be expected that the President should undertake to provide for the expenditures of the next ad ministration ? The revision of the tariff belong ed to the party aooul to come into power. Thev had probably found it already to be a very knotty j subject for them. He sincerely hoped that they would be able so to adjust it as to do justice to all the various interests concerned. As to the extra session of Congress, the new party would, he hoped, call it as soon as they pleased, if they thought it necessary, in order to provide for the debts of the government; but he should do his utmost at this session, to keep the | appropiiations within the estimates of the de partments. After a few explanatory remarks from Mr. Webster, the motion to referwas agreed to. In the House, to-day, an order passed to pay the whig claimants from New Jersey, (Messrs Aycrigg,&c.) their mileage and compensation as members of Congress at the last session. A resolution by Mr. Cooper, of Ga., to repeal the law authorizing salaries of Chaplains of Con gress was negatived—yeas 21. Many resolutions on various public and pri vate subjects were offered and agreed to. The Remains of Napoleon.—The Boston Daily Advertiser of yesterday says:—“The ship Calument, Captain Shreve, which arrived at this port yesterday from Canton, left St. Helena Oct. 21. On the 18th the ceremony of exhumation, of the remains of Napoleon took place with great parade. The body, which on his death was embalmed by French chemists, was found in a state of complete preservation, the features being preserved. It wiil be remerflbered that Napoleon died May 5, 1821. The body was conveyed on board the Belle Poule, which with the Favorite, sailed for France on the 19th. These ships sailed from France July 7, and arrived at St. Helena Oct. Blh. Fire, — At 4 o’clock yesterday afternoon, a fire broke out in the 4th story of the large buil ding No. 90 and 92 Maiden-lane, occupied ov J.-& J, F. Trippe, druggists. By the exertions of the firemen, the fire was confined to the buil ding in which it commenced. Messrs. Trippe’s damage will probably be 14,000 or §ls,ooo—the greater part of which is covered by insurance.— New York Courier A Enquirer of the 16 th. Toast given at the Printer’s Festival at Con cord : “The Boundary Question. —If the mat ter is not justified to our liking, “Little Vic.” will find shooting sticks about hex form” \ elocitt op Lightning.—Until within a few years, the velocity of the electric fluid has been a matter of conjecture merely. Late and ingenious experiments, however, have proved conclusively tfiat electricity travels with a velo- i city neariy four times -es great as that of light, being at the rate of four hundred thousand miles a second. —Louisville Journal. Mr. Echo, s, of Walton, Chairman of the Se lect Committee, to whom was referred the Gov ernor’s communication in answer to a resolu tion of Sen itc calling on him for his views and recommendations, in relation to thecourse neces sary for the Legislatuie to pursue, in order to as s >rd such temporary relief l>p the people of this Slate as the emergent v of the times demand, begs leave to report the following bill: A RILL, To be entitled an actio authorise the sale o* Scrio, or certificates of Stale debt, by his Excel lency the Governor of this Stare ; and to place the proceeds of tne sale thereof in the Central Bank of Georgia, to he loaned out by the Direc tors thereof, under certain restrictions; and to provide a permanent fund for the redemption of i the principal and interest accruing on said bonds. Sec. I. Be it enacted by the Senate and House of lit present a lives of the State ts Georgia in Ge ne'-ul Assembly met, and it Is hereby enacted by the authority of the same. That lor the pui pose of enabling the State to afford such relief to the people as the exigency of the times require, his Excellency the Governor of this Slate be, and In is hereby authorized immediately after the pas sage of this act, to execute the bonds of this Stale to an amount of not more than two mid ions of dollars, in such sums as he may think ad visable, to secure the sale thereof, redeemable at the end of six years, bearing an interest of not more than eight per cent, per annum, payable an nually, at such place or places within this State or the United States, as may be agreed upon. , And be it further enacted , That the proceeds of the sale of said bonds shall be placed in the Central Bank to be loaned out to the citizens oi this State, by the Directors thereof, in sums of not more than one thousand dollars to any one individual, company, or corporation, at a rale of interest equal to the amount of interest paid on said bonds ; which loans shall not be made for a longer period than three years, and to inch per sons only as want the same to be used in the pay ment of debts, and not for purposes of specula tion, to be ascertained, as near as can be, by tiie Directors of said Bank: Provided, the notes for the same shall be secured by undouoted endor sers, under the same regulations and restrictions as are at present provided for by law. And be it further enacted, That all debts cre ated by loans made under the provisions of this act shall be kept separate and distinct from ail other debts due said Bank ; and the principal and interest thereon shall be kept sacred, and shall not be applied to any other purpose or used in any other way than for the redemption of said bonds and the payment of the interest accruing thereon. And bt it further enacted. That the faith and credit of the State of Georgia, together with the whole of the capital stock owned by the Central Bank, and the assets thereof, of every description, be ami the same is hereby sacredly pledged for the punctual ledemption of the entire debts, princi pal and interest, that may be incurred by the sale of said scrip, at the limes and places agreed upon at the sale thereof. And be it funner enacted. That the scrip or certificate* of State debt, shall be authenticated by the signature of his Excellency the Governor and the Secretary of State, and by such seal or stamp as his Excellency may order and direct. And be it farther enacted, That all notes dis counted by the Central Bank under the provi sions of this act, which shall fall due, and not paid out or renewed within thirty days thereafter, it shall be the duty of the Board of Directors to place all such notes in suit for collection. And be it farther enacted, by the authority of the same, That for the purpose of procuring as early a sale of said scrip as possible, his Excellen cy the Governor be and he is hereby authorized to procure the agency of such person or persons as he may deem necessary for the purpose of car rying out the objects of this act. And be it further enacted, That all laws or j parts of laws militating against ihe provisions of j this act, be and the same are hereby repealed. HOUSE OF HEPRESEXTATIVES. The special Committee, to whom were refer ' ed the communication of bis Excellency, the Governor, upon the subject of legislative relief to the good people of t..is State, from the pecu niary embarrassments consequent upon the “ un precedented failure of their cotton crop, 5 ’ beg leave to report : That your Committee have given the subject, all that earnest and considerate attention whicn its importance deman is, consistent with the brief space of time allotted them for that puipose, and the nature of their other public duties. Their deliberations have resulted in the conviction, that the measure suggested by his Excellency, ought not to he adopted. W hilt; we arc duly sensible of, and deeply re i gret ;he pecuniary embarrassments of many of i our fellow-citizens, we feel constrained by a sense of public duty, to declare, that we deem it un -1 wise anu impolitic, to use the credit, and pledge i the properly and labor of the whole people, to | raise money to supply the private wants of a j portion only of the people. The use of pub.ic credit, is one of the most important and delicate I powers which a free people confide in their re presentatives ; it should be jealously guarded, sacredly protected, and cautiously used, even for i the attainment of the noblest public ends; and never, for the benefit of one class of the commu nity, to the exclusion or injury of the rest, whether the demand for it grows out of their cu pidity, or zeal, or real or suoposed pecuniary difficulties. The improvident or unfortunate use of private credit, (by what means stimulated, or fostered, or thwarted, in the consummation of its proposed objects, we will not stop to inquire, j is undoubt edly, the immediate cause of the present pecu niary embarrassments of our fellow-citizens. To relieve those difficulties, by the use of public i credit, would be to substitute a public calamity, i (for such we deem a public debt.) tor private mis- t foitune, and would end in the certain necessity i of imposing grievous burthens, in the way of c taxes, upon the many for the benefit of the few. All experience admonishes us to expect such re- c -suits from the proposed measures; to adopt : i which, would be to violate some of the most sa- j cred principles of the social compact. All free ( governments, deriving their just powers from, i and being established for the benefit of, the gov- \ erned, must necessarily have power over the pro- ? perty, and consequently, the credit of the gov- | ( erned, to the extent necessary for public use, and no further. And whenever government as- ] sumes the right to use the property or credit of : s the people for any other purpose.it abuses a pow- i er essential for the performance of its legitimate ' < duties, in a manner destructive of the rights and ! ( interests of the governed, and ought to be stern- t ly resisted by a free people. The proposed meas- t urc violates these admitted truths, asserts the un- I tenable principle, that governments should pro- t tect a portion of the people, in violation of the ] rights of the lemainder, from the calamitous con* t sequences oi unpropitious seasons, their private j misfortunes, and, perchance, of their indiscre- t tions and follies; that the pecuniary wants of 1 the people, by whatever cause produced, should f be supplied with funds borrowed upon public \ credit, and that, in the distribution of the funds c so raised, a discrimination should be made, based g upon the necessities of the applicant, the right t to judge of whose necessities must be confided j to public agents, who will thereby be entrusted i with a dangerous, as well as odious power, and ii which will be liable to great abuses. He must i| i have been an indifferent or - similar financial o- crJiZ ™ 01 himself, that this scheme of brnrowL^ to lend again at the same rate of interest C ‘ Cney ' performed without losslo the State TE k must be supplied by tuxailon ; and’to °**’ tent, at .east, U wi l operate so as to legiS I ue> from one citizens pockets to t . g ~ ale too. | other. H lS ' t 0 of au . ; But, if it were deemed expedient ami r to auopt the proposed measure upon Drin pr |5», at this time, utteily iirnr'eti it b-anch of the General Assembly bale 1 session, put the seal of their condemnation a mea uro so similar in its character a 9 ?o ; P °“ pose a constitutional barrier agtttns, , consideration, without a deg-« u , un “ ,lh « to nc anticipated it denral.ic, alu-r I * l “ l vote of disapproval. For thee and ,ahe, * , sons, we ought not to adopt the measure « I | e ‘ ! */ J ve could: we could not if we wool ’ bonds have been upon the stock markei- ( Us bove iwo years, to the amount of two m iiii ° f dot ars. i bey i.ave been canied lantic in search ol a market; no udvanm sale of them could be made there Us |s abundant and cheap: they bark lor the same purpose among our own zens wno are liable lor their payment wlmr can only be exchanged for labor at a rate great? above cash prices ; and we feel great enru I y ; nln . e or ; i,,mn tha - Uie i»«iing of similar secufi ies by the State, to an amount necessary f‘* carrying out the proposed measure, and esLiaT <y to subseiveuhe purpose intended, will not e T bance the value of such securities, or fact the operation of melting them into coin. ‘ 1 vc want «t system and order in the mar* ment of our finances; the indifference, 2’ manifested towards, if not in disregard of he rights of our ere,liters ; the injudicious n<e . an improvident extent, of the public credit n ° the shape of Central Bank notes, have the public credit, that he would be a very L? borrower for the State to trust, who could nit now raise money to the extent that his stances m life would warrant as cheap* JD n * h.s private credit as we can upon the cfedTof lie ‘- tale. \» e are not 1 uniliar w ith the minute operation of a similar system adopted in a ne i<»h bormg sister Slate, alluded to by his Excellent but from the ocranged and depreciated condition ol tne currency of that State, the financial cm barrassmenls of nearly all classes of her for several years past, and which still exist ,o far greater extent than those of our own State winch we are called on to relieve, we are well convinced that the road to financial prosperity must ho m a far different direction from any I has yet taken. G c deem it proper further to repott upon that portion ot hisLxcellency’scommurjication, which invites u-, in the event of our disapproval cube system suggested by him, to devise “so meatier more laultless, ’ for the attainment of tip end proposed. That from the foregoing brief notice of the financial condition of the State, it < ems that she cannot supply popular wants with money ,/ecause she has none ; that she ought not, with her credit, for the reason herein assigned; that we know ot no other mode of legislative relief, except the interposition of unconstitutional, un wise, unjust and oppressive legislation between debtor and creditor, which wr presume needs not our codemnation. We, therefore, beg leave to be discharged from tin further consideration of this subject. Robt. T 0 89, William H. Stiles, A. H. Ch APPEtt, Geo. W. Crawford. minority p eport.- sevate. The select Commute to whom was referred the message of his Excellency, the Governor, in rrla turn the adoption of some “constitutional meas ure of redef to the people, from the calamitous consequences of an unprecedented failure of the cotton crop, have had tne same under consider ation. and beg leave to report as follows: * ■ entirely concur in opinion with his Excellency, the Governor, that “the suspension oj ihe operation of the law would infringe a wholesome provision of the Constitution, and violate the morality of private contracts ” bin they are of opinion tnat “///e sal- of State Bonds and the deposit of the procetas in ihe Central Dank, to l»c lent to the people, would not, u n ie, ;t at ad operate to their relief. His Excel lency, in iiis annual message,said "It is impossi ble, and per naps inconsistent with the principles of sound policy for the Government to undertake to protect the citizen from ihe consequences oj imprudence or miscalculation. A reliance ,/ thissort would beget a dependencedesiructivevj individual enterprise.engender and cheeith hats 1 sh J etc/. les» speculation, ana foster a spirit ij in el fjertr.ee to active and industrious pursuits, hostile to ihe welfare of society And bee ause our fellow citizens have -cited, and been disappointed in relafc to thecct* b n crop, (a tact well known to many ol us beiore the session of the Legislature,) his' Excellency nr ; w recommends that very course which he con sidered /oj ,osei b/e and inconsistent wdh iht principles oj sound policy; and a reliance upon w..ich, m his opinion, tended to produce hostility to the welfare of society. Concurring, with Ins Excellency, in the views expressed in his first message, as above slated, we cannot approve of tne departure trom th' in recommended in his fast. liis Excellency, in the first message, recommen ded the JSuo I reasury System, because it wrested "f'om ihe hands of the Executive alt thepatron age they wielded ihrough tne deposit banks, their s. ockholners cud debtors f' because it could tew no favors, and purchase no influence." Gan he recommend (he scheme now proposed l»y him, on the same grounds? Does nut every one per- ( ceive that the very arguments headvancesinsup- . port of ice favorite measured! the present adoM' I istration ot (he general govern men’:,a re destrucii re to the favorite measure of bis Excellency ? Be* I sides, how can the Bonds of the State be’negotia ted for the purpose of lending the proceeds, the Bonds now authorised by Jaw" cannot he gotiateu . the purpose of completing the West ern and Atlantic Rail Road—a great work of inter nal improvement, from which the State expects to derive an income. His Excellency draws a distinction between the debtor who has speculated, and the debtor who had not, which we can duly appreciate; but we ap prehend that it will be impossible tor the Direct' ors of the Central Bank to apply the «jislinction in their distinctions, and that the speculal^ 9 would be more benefited by the sale ol the Bond?, and distribution of the proceeds, than the other class of debtors. It appear s from the last report as the Centra Bank, that the loss to the State by its operation* since it was incorporated, up to the present time, is probably $300,000; enough, in the opinion of the Committee, to be paid for the experiment. 1 (which that Ihstitution certainly was.) and which they fear, will not he the only cost of the expert' ence of the system, by the State; especially* 11 his Excellency’s measure he carried out. And 11 the management which has characterized tb Jl Institution for some years past, with few eicef tions, be continued under the operation of t‘ lf plan proposed by his Excellency, they feci ed, that the faith and credit of the Slate can only be fully sustained, if at all, by onerous taxation for the purpose of meeting her engagements. we have any regard far the morality of pw‘ lC contracts , we should apply the resources and ener gies ot the Stale, to the performance of what has undertaken; and not by the adoption ot | ® I plan proposed, place her in a situation, in whio v it may be truly said, that she has used her severe- | ign power to contract debt, and p.eads her sever* f igaity in bar of the creditor’s demand. J