About Georgia courier. (Augusta, Ga.) 1826-1837 | View Entire Issue (May 9, 1834)
2 THE COURIER* Bj' J. G. M’WHORTER. TERMS— This Paper ia published every MONDAY WEDNESDAY and FRIDAY Afternoon, at $0 per an num. payable in advance. COUNTRY PAPER—Publiahed every FRIDAY afternoon at $3 per annum,t n advance, or $4 at the expiration of Subscriptions received for less time than six months. rr ADVERTISEMENTS, not exceeding a square will be inaerted the firat time al 75 eta. per square and 37 1-2 for each continuance. , Advertisements of one square, published Weekly, at 7a cents for the first insertion, and 50 cents,! or each con- Vmone advertising b\ the year will be charged 30 dollars "including subscription and will be entitled to one square When* persons have standing advertisement* of several squares, special contracts may bo made. it pi» deduction* will be made in future from the AnX'srti.ement, must have the number of marked on them; otherwise they will be inserted till for. • and other public officers, will have 52 per e<Jnt* deducted in their favor. STATE BANKS. lit port of the Committee of Ways and Means, on the employment of Slate Banks as depositories of public money, [Read io the House of Representatives, April 22- 1834] Mr. Polk, from the Committee of Ways and Means made the following Re port. The Committee of Ways and Means, in pursuance of the third resolution of their former report upon the subject of the Bank of the United States and the public deposiles, which was adop ted bv the House, submit the follow ing,. REPORT. The House, by its vote, having deci ded “that the Stale Banks ought to be continued as the place of deposite of the public money, anJ that it is expedient for Congress to make further provision, by law, prescribing the mode of selection, the securities to be employed,” the com mittee deemed it proper, in a measure of so much importance,to ascertain from the Secretary ofihe Treasury, his opinion and views, in regard to the regulations proper be adopted in the employment of the State Banks as the depositories of the public money, and the fiscal agents of Government; and also for his view in regard to the probable effects which would be produced upon the currency by such regulations They accordingly addres sed a letter to the Secretary, requesting to be furnished with the information de sired, and herewith report the answer which has been received. In determining upon the mode in which the deposite banks shall be selected, the committee are of opinion that a due re gard to the public interests will make it proper to leave the selection in the first instance,to the Head of the Treasury De partment, or to some other person desig nated by law, but, when once selected, to put it out of the power of the Executive to discontinue such depository without the sanction and approbation of Congress. Should it, however, be deemed expedient for CongCCss themselves to designate, by law, the banks which shall hereafter be employed as depositories, instead of dele gating the power of selection, in the first instance, to an Executive officer, there could be no objection to that moJe, pro. vided it be deemed praticable to make the selections in such manner as to pro tect and preserve the public funds to be deposited therein. The bill which they report prescribes —First, the mode in which,and by whom, the state banks hereafter to be employe! as the public depositories, shall be selec ted.—Secondly, the terms and conditions upon which they shall be employed, the duties and services they shall perform, and the securities which they may be re quired to give, in order effectually to protect the Government against possible danger of loss; and thirdly, it provides that, when onee selected, they shall be placed beyond the power and control of the Execut've Department, except as far as the safe and prudent management of the public revenue may render such con. trol indispensable. The bill restricts of the Executive and places itWi of the power of that department to discontinue the se lected Banks as places of public deposite, to cases of failure on the part of said Bank to comply with the terms and conditions on which they may be employed, or to cases in which any of said Banks may be r come unsafe depositories of the public money, and reserves to Congress, the u.timate control over the whole subject.—By its permission the Secre tary of the Treasury cannot, during the session of Congress, dismiss from the service of the Treasury any Bank of deposite, without having first ob tained the sanction and approbation of Congress; and if, during the recess of Congress, any Bank shall fail or refuse to comply with the terms and conditions upon which it has been employed ;or if, from the periodical returns of its condi tion and business, or otherwise, the Sec retary of the Treasury shall deem it ne cessary, in order to protect and preserve the public interest, to discontinue any of •aid Banks as public depositaries,he is au thorized to issue such order, temporarily, but is required, at the commencement of the next session, to report to Congress the reasons and the evidence, upon which he ha« ordered such discontinuance, re serving to Congress the right to approve or reverse such order.—Thus all appre hension that the power of the Executive over the selected Banks may be used as a governmental patronage, or for corrupt purposes, is effectually removed. So long as the selected Banks shall continue to perform the duties required of them by the provisions of the bill (should it be. come a law) and so long as they shall continue so to conduct their business as to keep the public funds deposited there in secure, they cannot be discontinued at the will of the Executive, but will be en titled to their custody as matter of right, unless it shall be the pleasure of Congiess to withdraw them, or change the place of deposite. The Committee concur with the Sects. I of the Treasury in the views which he has presented in his letter, iu regard to the importance of banishing from circula tion bank notes oi the smaller denomina tions, and of substituting gold and silver coins in their place. This may, doubt* less, to some extent, be encouraged and effected through the collection and man agement of the revenue. Congress pos sesses no power to restrict the Slate in stitutions from issuing small notestbut they have the power to impose as a condition upon which any Bank shall be employed as a depository, that it shall first stipulate not to issue or use,after a given or future day, notes of the smaller denominations, in the course of its business; and they have aright to refuse to receive in pay. mem to the United States, the notes of any Bank which shall not cease, after a given future day,to issue small notes. The bill, accordingly contains a provision to this affect, designed to induce the State Banks to co-operate in banishing from circulation all notes of a less denomina. tion than five dollars, after a given future day. In several States such a prohibi tion already exists, and in those States a metallic• circulation has been found to take the place of the small notes which have been withdrawn. It may be neces sary, hereafter, for Congress to extend the prohibition to the issue of notes be low the denomination of ten or twenty dollars. But the committe do not deeni it expedient, at this time, to recomtnena that lhe prohibition should be extended to notes above the denomination of five dollars. Should it hereafter be deemed proper, Congress can adopt further legis lative provisions upon the subject. It will be perceived from the lett e of the Secietary of the Treasury herewith reported, that further legislation in rela tion to the coins, costitutes an important part of his scheme of the currency. The committee concur in opinion that it is important that further legal provision should be made regulating the value of foreign coins, and making the foreign gold and silver coins a tender in the pay ment of debts,also regulating lhe standard of value of our own coins. They have, however, reported no bill upon the subject of the coins, because bills on that subject, have already been brought before the House by a seleci committee to whom this particular brarch of the subject had been referred by the House. They concur in opinion that it is important they should be acted on at the present session of Congress. "Trensury Department, I April 15, 1834. J Sir: I have the honor tv acknowledge the receipt of your letter, of the 7th inst. and proceed to reply to the inquiriesmade by the Committee of Waysand Means. In my report to Congress at the com mencement of the present session, asign. ing my reasons the Depos ites from the Bank of the United Stales, I expressed theopinion that a corporation of that description, was not necessary, either fur the fiscal operations of the Government, or the general convenience of the people. One of the arguments most frequently urged iu favor of the expediency of a Bank of the United States, is the saluta ry influence which it is supposed lo ex ert in securing to the country a sound cur rency. It is said tke Slate Banks have a constant tendency to over issues, and that a superior power is necessary, to keep them in check, and to control them in this particular—and the argument is constantly and earnestly pressed, that a Bank of the United States is the fit and appropriate means to accomplish this ob ject. If there be any force in this argu ment, the paper currency furnished by the State Banks, as well as that issued by the United States, ought now to be in a sound slate. The Bank of the United States has been in existence seventeen years, and must have already exerted all lhe influence iu relation to tire currency, which can ever be expected from such an institution. And if it exercise a whole some and salutary control over the con duct of the Stale Banks, and restrains them within proper bounds, it has had full time and opportunity to exert that power, and the notes of the State banks, as well as those of the bank of the United States, ought now to be found in a safe condition. For it must be admitted, that we have gained but little by chartering the Bank of lhe United States, if only the comparatively small portion of the paper currency furnished by itself, is sound, while the great mass of the circu lating medium is inherently vicious, and liable Ito be disordered at any moment. It is believed that more than three fourths of the present paper currency, is furnish ed by the State Bauks, and if so large a portion of our circulating medium is un safe and unworthy of credit, then the Bank of the United States is either inca pable of exercising the salutary control claimed for it, or it has failed to perform its duty to the public. In either event it is time (o look for some other reme dy. Judging from the best information which the department has been able to obtain, of the various banks (including the Bank of the United States) in actual circulation in ordinary times, amounts to at least eighty millions of dollars, Os this sum, the bank of the U. S. furnishes less than twenty millions, and the various State Banks more than sixty milions: the specie in the vaults of the Same banks, to support this extensive credit, does not probably exceed twenty-five millions. In estimating the amount of specie, I confine it to the coin supposed to be in pos oi lhe Banks. In some of the States, the circulation of Bank notes below five dol lars is prohibited by law, and in these States there is a considerable amount of specie passing from hand to hand, and forming a part of the ordinary circulating medium. It does not, however, proba bly exceed four dollars. This metalic circulation lessens bv so much the amount of paper, and to that extent it di diminishes the evil occasioned by the great disproportion between the paper superstructure and its metallic basis. But the coin which is thus circulating, cannot be brought in aid ofihe paper currency, when a panic, or any other cause, sud denly throws it back upon the Bank for redemption. It cannot, therefore, be es timated as a part of the means to secure the payment of the actual paper circula tion. It takes the place of so much pa per in lhe mass of the circulating medi um, and thereby lessens lhe amount redeemed. But it will never find its way into the the Banks when their notes are rapidly returning upon them. They must rely upon the amount actually io their vaults—and it is with this amount that we must compare the paper cireula r tion, in order to decide whether it is in a safe condition. It is evident that the chief part of the paper currency of the U. S. must always be furnished by the State Banks. No Bank ofihe U. Slates could provide a sufficient amouAkfor lhe whole nation, without giving capi* tai of such enormous and startling magni* tude, that no one, it is presumed, would seriously propose it. And if Congress are to legislate, with lhe view of securing to lhe People of lhe U. States a sound paper currency, the condition of the notes of the State Banks is of much more impor' tance to the community than that of any Bankof the U. S. The notes of the dif ferent local Banks for the ordinary circula r ting medium for the great body of our citi zens; it would be unjust to them to dis regard iis condition. The whole currency of lhe country should be placed in a sound and healthy state, as far as the legitimate authority of lhe United States will enable them to accomplish that object. Under the authority delegated to Con gress by the Constitution of the United States, they have no power to establish by law a paper currency; and lhe influ ence which they may lawfully exercise in securing its soundness, is altogether inci dental. In legislating within the admit ted scope of their authority, they may, without assuming powers not granted, look to th 3 effect which their laws will produce upon an interest of so much im portance as that of lhe paper circulation now floating tbeough the country. Taking this view of lhe subject,the Ist inquiry is, what is the present condition of the ordinary circulating medium of the United Stales? Is lhe great mass of the paper currency in a sound and nealthy condition? If it is, we must endeavor to fin! means to preserve it in its present state,when the Bank ofihe United States shall cease to exist. But if it is not,then it is obvious that the creation of a Bank of the United States will not accomplish this desirable object; and that, even on the score of expediency, without refer ence o constitutional objections, some o thcr plan should be devised. If the estimate I have made of the proportion between the paper circulation and the specie in possession of the banks be correct or neaely so, the condition of the currency is obviously such, that the nation should not be content with it, nor desire to continue it in its present state. It is an immense superstructure of pa per, resting on a metallic fondation too narrow to suport it. It has never been sustained by its own inherent strength, but by public confidence. When every one firmly believes that lhe notes of the banks wifi, on demand, be paid in coin, they readily circulate and answer all the purposes of money. But the moment that confidence is impaired, they lose their vnlue as a part of the circulating medium, and are returned upon lhe banks for redemption in specie, and the dispro portion between the paper circulation and lhe coin prepared to redeem it,is so great, that it is constantly liable to have its chief support, public confidcnce,\v\l}ofawin from it. In speaking of lhe dangers to which the currency is exposed, I do not mean to intimate that the state banks are una ble to pay the amount of notes they have issued. On the contrary, lam persuad ed that, with very few exceptions, they are as safe as lhe Bank of the United Slates. For that B ink has never been in a condition to redeem its notes in specie, if they were ail suddenly thrown back up on it. My object in inviting lhe attention of the committee to this subject, is not only to show the real condition of the cutreucy, but to mark the utter inconsis tency of the argument, which urges the recharter of the Bank of the U. States, on the ground that it has furnished a sound currency to lhe nation, and at the same time,attempts to discredit the notes of the state bauks. Both parts of the argument cannot be true. The Bank of the United States has not furnished the nation with a sound paper currency, and has produced no salutary effect on the great mass of it, unless the issues of the state banks are now in a safe and healthy condition. The difficulties under which the stale banks are laboring at this time, does not prove that they are unsound, and that they have been worse managed than the Bank of the United States; when reports injurious to the credit of the state banks are industriously and widely circulated, some degree of embarrassment is una voidable; especially when it is generally supp sed to be in the power of the Band ’of the United States to stop them at its pleasare. The evil is, however, in its nature temporary, and will soon pass a way. And the intelligence of the citi zens will readily discover that the pres ent difficulty is the offspring of useless alarm, and of a deliberate design to des trv the credit of the slate banks. And when the real object of the excitement, and unfounded rumors which are daily circulated,shall be understood by the peo ple, confidence will soon be restored, and business resume its usual channel. The stoppage of a bank from any cause, na turally produces a run on the banks in its neighborhood, and if pains are taken to increase the excitement and alarm, the evil will be more extensively felt than it would be iu ordinary times. ( To be Concluded in our next.) Original Anecdote. — In a neighboring county, not many miles distant, a Jona than got it into his head to go a courting. His Dulcinea was a sweet, rosy-cheeked girl of sixteen; her father, not liking lhe appearance of her beau, had forbidden his suit. One evening, when the old gen tieman was from home, Jonathan rigged himself out for a courting expedition,and found his way to the residence of his fair Dulcinea, and (not expecting the gen tleman to return that night) had seated himself very comfortably beside the ob ject ofhis solicitations, (after the fashion so ‘Jo Bunker,’) when lo! the old gentle man arrived at the door. Jonathan thought of being off, but had no time to get out—he had to stow himself away for safe keeping under a bed, which luckily was in the room, where a hen had depos ited her eggs, and had been sitting some time—the hen not liking his presence so near her, began to pick him on lhe shin. Jonathan retreated in haste from his hid ing place, to the great astonishment of the old gentleman, and exclaimed— -'‘l'm snake bit, I don't care who knows it." THEATRICAL AT THE FIVE POINTS. Tommy Williams, a boy, stole some cakes out of Mr. Jackson’s cook-shop to feed a campauy of juvenile actors with. It appeared that Tommy .together with four or five other boys, and one or two little girls, had formed themselves into a kind of society for acting plays. * They met for this purpose in the house of Mrs. M’Lalleo, dealer in old iron, near the Five Points,and mother to the ‘miniature Miss Kemble’ of the performance. The play was Othello —and at lhe conclusion of the first act Tommy was deputed to go out and get some refreshments. In stead of paying for them as eyery honest play-actor should, the little knight of lhe sock and buskin feloniously went into the eating cellar ol Bob Jackson, a colored man, and after filling his pocket’s with small pies, was about to ‘retire without applause,’ when Bob Jackson saw him, and brought him up. Magistra'e. You little rogue, don’t you knew vou are on the high road to ruin? Pris. I diden’t mean any hurt—(cry ing) ... In the pocket of this young competitor for histrionic fame was found the follow ing directions to the company—written, as the prisoner said, by his aunt, who us ed to sweep the stage at the Park The atre.- ‘Tom Williams is to pla othellur, and Bill Smoller is to pla largur, and Susan M’Lallen is desdurmony—and when Tom goes tur stab desdurmony he mussent stab hur, but only make b’lieve stab hur, and desdurmony is to lie still on her back, and make b’lieve lu di.”— (Laughter.) By the story of the prisoner, who was questioned pretty closely by his Honor, it seemed that the weapon—‘as good as ever did sustain itself upon a soldier’s thigh*—made use of by this ‘rival of lhe Keans.’ was nmhiug more nor less than about the duodecimo part of a barrel! hoop—and lhe dagger, with which he was to stab‘desdurmony,’ was made of a venerable looking oyster knife, sharpen ed at the point. Magistrate. Well Tommy, did you ever personate nny other character but that of Othello? Prisoner. (Wiping his eyes.) No sir, but aunt Susy says as bou if I does well in Othellur, she’s goin’ to learn me to play commedry. (Laughter.) The Magistrate said he was willing to be lenient with members of lhe stage,and, if Jackson would forgive the prisoner, he should be discharged. The complainant was unfavorable, and poor little Tommy was committed. — Sun. We are not particularly informed, what are the prospects of success, of the various projects for the internal improve, ment of the State, which were sanctioned by the last Legislature. We are happy however to have good grounds for the be lief, that at least one most important pub. lie work will be accomplished. We mean the contemplated Rail Road from Athens to Augusta. There is indeed, we think, a greater spirit of enterprize, for the pro motion of objects believed to be of pub lic utility, in that section of the State, than in any other. We hear of various manufacturing companies rearing up, ex tensive cotton manufactories, contemplat ed Paper works, and Iron works; we hear of much praiseworthy effort, for the im provement of the stock of the country in all its varieties, which we hear of in no other part of the State. To us such information is very agree. able, as it proves that our fellow-citizens are arousing themselves from the lethar gy in regard to all public improvements, which has hitherto been so fatal to their wealth and comfort. We trust it may increase, until Georgia shall be behind none of her sisters, in the developement of her enviable capabilities. In regard to the Rail Road, a judicious friend writes us, “Rest assured the en terprize will succeed. Mr. D. has now gone to lhe North to effect a loan of sl,- 000,000 to construct the road. It is be lieved he will succeed; whether he does or not, I repeat, the road will be built.” Recorder. [From lhe National Intelligencer ofihe 281 h uZL] The Committee appointed a few days ago, by the order of the House of Representatives, to investigate the affairs of the Bank of the United States and its Branches, are, we understand, sit ting at Philadelphia, to which city they proceed ed in pursuit of the object of their appointment. We hear from that place that Richard Rush, formerly Secretary of the Treasury, has been appointed Sec’ry. to the Committee- A Com mittee of seven of the Directors of the Bank has bean appointed to attend the Committee, and give them all such information, as under the charter, they may have a right to require. FRIDAY, MAY 9, 1834. COTTON. The demand continues steady at about the same prices of last week , choice prime at 13— other qualities from 10 to 12£. FREIGHTS—To Savannah 50 cts.—Charles ton $ I per bale. We have frequent complaints, that lhe Courier is irregularly received—not that it is not re ceived, but that the numbers are not received in due time. All the numbers arrive some time or other, but frequently three or four of them to gether. This cannot arise from any fault on oar part; for they are always mailed here on the day of publication. It lies, therefore, with some of the Post Masters on the routs. Are they allowed to lie in their offices, till it is con venient for them to send them on to their re spective destinations? This has become a grievance to us; as during the last week or two, several of our subscribers have intimated their intention of discontinuing their subscriptions, if they could not get their papers more regularly; and one this morning writes us to stop his paper, as he rarely receives one number at a time, but generally three or four. They all anive, but not in their regular weekly order. While on this subject, we may notice one of the grievances of the public. It is in the recep tion of the Northern papers brought by the Steam Packets. There are often bulky bags of them, and the Rail Road will not bring them, and the present Mail arrangement with Charles ton, we understand, cannot. The papers thus brought, are often three or four days behind their arrival in Charleston. The Charleston papers of yesterday morning do not announce the arrival there of the David Brown. — She reached New York on the 30 ult. At the Annual Meeting of the Stockholders of the Augusta Theatre Company, on Monday evening last the following Trustees were chosen for the ensuing year.- Thomas J. Wray, Robert Walton, J. G. M’lVhorter, T. J. Parmalee, D. VV. St. John. We consider ourselves at liberty to state, as the shortest way vs informing those interested, that the Stockholders of the Theatre Company at their annual meeting, on the sth inst. passed a resolution, that each sti ckholder on paying fifty dollars additional on each share held by bim, should receive a free transferable ticket of admission to the House for each share -so held, In this manner the debt of the Coinpary will be paid, and the stock be inhanced in value; for independent of the transferable tickets, the shares will receive their proportional dividend from any rent which may be received. For fifty dollars more, then, the Stockholder obtains perpetual free admission to the Theatre, and clears the Company from embarrassment. If I by this means, or.soine other, which may be de* vised, an amount is not raised to pay the debt, the Stockholders authorised the Trustees to sell the property, at public auction. In this event In all probability, the stockholders will suffer a total lots of the money already paid in, besides the salutary control, which in erecting a decent edifice for theatrical amusements, they hoped to maintain over them, by procuring all the moral and literaiy good effects derivable from so fruit ful a source of both. The Western Herald is to be moved to Athens and issued from that place in future. At a meeting of the Stockholders of the Bank of the State of Georgia, on Monday, the Sth inst., the following gentlemen were elected Di rectors for the ensuing year on the part of the individual stockholders: —William Taylor, Mord. Myers, Jos. W. Jackson, Fredk. Densler, Win. King, Jno. B. Gaudry. The Directors appointed by the State are ’’m. B. Bulloch, George Schley, Goo. W.Owens, M.H. M’Alister. At a meeting of the Board of Directors sub* sequently, Wm. B. Bulloch, Esq was unanimous ly re-elected President thereof. The Siamese Twins arrived in this city on Sunday evening last, and are to be seen at the Eagle 8f Phanix Hotel for a few days. Our readers have read so much descriptive of the singular connection, which binds these individu als together, that, we presume, they will prefer, now, the opportunity they have of judging of its nature for themselves by occular inspec tion. We are requested to say, these interesting strangers will positively leave our city after To. morrow’s exhibition. • The Savannah Georgian laughs at our friend " Gineral" M’Duffie, &. advises bim not to be too hard on “military glory,” for rumor held y e . ported his intention of bringing over a whole French military library to perfect himself in the science, and prepare him to lead on his nullifi cation myrmidons to victory and glory.” “ The South Carolina Gineral" has net the genius, in this respect, of our friend Henry Shultz Frederick the Great is a whole library to him— teaches him to fight, build forts, and every thing in the “ whole art of war ” This great work used to lie open on a small table all day near the centre of the Hamburg fort, while its great engineer would look on the book, then on his fort, then on the book, then on the fort, til) it finally rose in magnificent beauty, the chef d'ouvre of Carolina enginery. Our friend Shultz, who is far from being a Nullifier, would not, however, slavishly follow Frederick the Great, any more than he would Gov. Hamilton. So, we understand he improved his fortification by an entirely new location of the fosse. The ditch is on the inside. " Up Town" requests us to caution the public against the danger of passing the wall of the. late Farmers Hotel, part of the wall has fallen lately, our conespon lent informs us, and the balanee is io rather a ticklish condition. He recommends its being thrown down at once. The Fresidefit, when he submitted the re nom ination ofihe Government Directors to the r«. consideration of the Senate, accompanied it by an explanatory message. The President declined receiving the Commit tee of the Philadelphia Councils, to discuss the rechartering of the L. States Bank, &c.; but in vited them to visit him as individuals, wbi.h they declined. Burden s new steam boat is expected to be i Q operation on the North River by the first of June; and to go at the rate of thirty miles an hour. Friday May, 2. IN SENATE. Mr. CLAY,from theCominittee onPublicLandj, to which had been referred the bill appropria ting, fora limited time, the proceeds ofihe sales of the Public lands, reported the same with a* mendments. He, also, made a detailed report, purporting to be an answer to the Veto Message of the President of the United States, on return, ing the Land Bill of the last session of Congress, with his objections. Mr. Clay then noved that 5000 additional co. pies of the report be printed,and that it be made the order of the day for next Moday week. Mr. FORSYTH wished to hear the report read He could not consent to lhe printing so large au edition of a document with the contents of which he was unacquainted. The report was then read in part, when the further reading was dispensed with, on motion of Mr. CHAMBERS. Mr. MOORE moved to lay it on the table. This motion having been lost, the question re curred on the printing of the report. A debate then ensued, in which Messrs. FOR SYTH, CLAY MOORE, POINDEXTER, BLACK, KING, and SHEPLEY, took part, af ter which the question on printing was taken Xi decided in the affirmative, as follws.- YE AS—Messrs- Bell, Black, Calhoun, Cham bers,‘Clay, Clayton,Ewing Frelinghuysen.Hen dricks, Kent, Knight, Leigh, Linn, McKean, Mangum, Moore, Naudain, Poindexter, Porter, Prentis, Preston, Robb.ns* Shepley, Silsbee, Smith, Southard, Sp-ague, Tipton, Tomlinson, Tyler, Waggaman, Webster—32. NAYS—Messrs. Benton, Brown, Forsyth, Grundy, Hill, King of Alabama, King of Geor gia, White, Wright—9. To the Editors of the Sentinel: Gentlemen—lt having been under stood (hat I had recently examined info the situation of the Farmer’s Bank ofChat tahoochee, I am frequently applied toby letteis and otherwise for information on the subject—l therefore think it proper through your columns lo slate that I have examined the affairs of the Bank, and that from my personal knowledge us ■ part of the debts due at the principal Bank in Columbus, and the assurances of the Cashier r,f the Branch at Clai kesville to Gen. Sanford, that the amount due there is g >od; I have no hesitation in express, ing the belief, that the Bank has sufficient assets to redeem all its notes now in cir culation—Time however is necessary to the accomplishment us this object; if therefoie the holders <.f the notes of die Bank can wait uuil in the regular course of business, or by operation of law the debt* can be collected, their only hss woul. be the delay of payment. Whatever loss may be eventually sustained, must fail on the hulders of the stock. EDWARD CARY. April 26, 1834. Ma dis >n, May 1, 1834. To the Editors of the Federal Union : Gentlemen;—My name has been fre quently used in your paper and other pa pers of tin? State, in connexion with tha Union Congressional Ticketand with reference to beebtning myself a candidate upon that ticket. I have no fondness fer an exhibition of my name in the newspapers, indeed 1 would! unrDer tri moss any other circumstances keep it studious* ly away from the public eye,, but the duty which I owe to conoiotency of char, ter, a duty of the very highest political obligation, constrains me to ask leave through your columns to say„ that I can in no event accept a nomination upon tho Union Congressional Ticket* if it slwuld be tendered lo me, Very Respectfully, Your ob’t serv’t, E. A. NISBFF. MARRIED. On the 24th ultimo, by the Rev, I. A. Few, Me. Wm. J. Howard, of Augusta, to Jfiss Ann Billingslka, of Clintonion, Ga. At Athens on the 23d ult. John Catlin, Esq., of Walton County, to Miss Josefhine Fay Daughter of the late Col. Joseph J), Fay, New-York. In Charleston, on the night of the Ist inst. by Mr * Henckle, Mr. SAMVEL M s THOMPSON of Augusta, Ga. to Miss JVLIA DUNHAM, only daughter as Mrs. Maty (i. Willis. ■ ' la Middletown, Con. on the morning of the -22d ult. by the Rev. Mr- Crane, Mr. H. W. RISLEY, of Augusta, Ga. to Miss JANE WAT; KINSON daughter of the late Jos. Hubbard, off that city. * BANK REPORT. BANK OF HAWKINSVILLE, Hawkinsville April 16.A, 1834. Ta His Excellency Wilson Lumpkin. Sir—l have the honor to present to your Ex cellency, in obedience to the act of the Legisla* ' ture, a statement of the affairs of this Bank, on? Monday, the 7th inst. I am very respectfully, your ob’t serv’t,’ JOHN RAWLS, President: Names of the Slackholders in the Bank of Haw kinsville, on Monday, the Ith of April 1834. Am’t paid No. Shares Am’t pd on by each 1 Names. owned by each each share. Stock’hr H H Traver 402 S6O 20,100 J Cowles 352 17,600 • J Stone & Co 1.00 5,000 J H Everett 115 5,750' Wm Godfrey 15 • 760 * J Washburn 253 12,600 ’ John Rawls 362 17,600 » D B Halsted 10 500 N W Collier v 10 600 * D Clayton . 352 17,600 J O J elks 10 600 - Estate of FF, Gatlin 30 1,500 ’ 2,000 Shares. SIOO,OOO •
