The constitutionalist. (Augusta, Ga.) 1823-1832, April 03, 1832, Image 2

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—m» . : xticv In in Judge Clayton’s Speech in | i. piv tu Mr. M'DfjrriK, upon the Re so- !| !u i m for invr'iga mg the affairs of the' 1 Uoied S him II ink. jj Tt>- Glt ciisrgt; is in the capi*stuck, not e »v;<iy; due |»r (• n don* of cum. •* ihr gi-titinn !s savv, "I sm wholly«t r 1 ntj (o understand this c iai •• •* ’ Taking, him, :is I did, upon amp mc, and being. i i( suppose <t Inn* time since he read |i-u. ctiar-j, 'er, it mint nave escaped Ins r c lection! how the hard money foundation ot ’lint rn-ij ormnu« structure was laid. Th* 3d nee- j linn of the charier requires, “ B n veii mil- j linos of dollars therenl in gdil nr silver}, e-tin of (tic United Suites, nr in gold coin r id Spain, ul A certain nle, &c. and twenty j •nilli i-'i 'd dollars in like gold or silver coin, j or in the funded debt nl the Uni'ed States { Tots mule twenty-right millions, which ~ was that por'ion of the stock intended for , individual subscribers. fur gi vernmunts r seven millions was to b i paid in g ml nr sil- H ver coin, nr in s ock ot the Uni ed Stales, , healing i iierest at the rale of live per ciuit. , ( per annum. The funded debt was ennsi- Hcred ■ qual t > gold ami silver, bottomed, as „ it was, u ni l l ih credit nl the Government, g seven millions of the latter was, however, Mi iodispma lie and, of course, a cm respond- Rl ing amount of the former. Toe 9tn sec tio i dec) ired, “ that as s ion as the sum ot M eight millions lour hundred thousand dol- j, lam m gold and silver coin, and in the pub- a lie debt, shall h >ve been actually received ;f on account of subscriptions io (be capital of g( the said b nk, (exclusive of the subscrip n tion i f the Uniied S ates,” then the Book was authorized to go imp operation. —N"W, f|| it is very dear, that this amount of eight n millions, (our hundred thousand dollars, ex „| elusive of the Government’s subscription, -j was he least amount of coin, upon which thu Bank should commence; and, there fore, constituted the true |»ioportion of coin in relation to i s future »»'ues, w ich being limi'ed to its s.ock ol tinny-lire millions, w«* early one»(ooith of he c.pnal. i; | tl|.- Bank could not be peinulled In s uit without this am unt, and that too, in refer ence '» the individual subscriptions, which was twenty-'eight millions, surely it should never come below dial amount alter u gets i in'o operation, and alter seven millions in we ol the Government’* stock i- added if 'here whs any good reason for such a provision n fiist, ii must continue. Theie must Inve been some meaning in it, I ap prebend, or it would not be found in the charter. Every body will perceive at once, that a B*nk without »umt specie, would be Soon wi'houf credit, indeed o, uld be broke, for specie i* the only (run means of pay ment of drills, and the whole and sole ere- j ■dit of Banks. I' is the measure of value j to every thing, though it hat very many!, substi'utrs, some of which are eiin m-ly', precarious, t hen wha' amount of-speci* j shall always remain in Bank, is a quesiionl. of some dilliculiy, and depends veiy much | upon iis business, iig stock, its credit, and c its management. If it were said the Ii - •*k|« ol the United States had NO specie, ii|t would siarde every man in the nati » who s had any demands upon it. If it wrre Haiti|h it had but one bundl'd dollars, ihm wuldii equally alarm us creditors ! Wiiat amount!] then sh II it have, to quiet all apprehen-j •ion i I can give no betier answer then toj'l say, the charter requi ml si its beginning.l it should livve 88,400,000. and it at that'; time i was considered the proportion upon which public cor-ft lencu might rely, there can be no good reason why n should not re main so. N w. Sir, what is the fac' as to} the q-isn'ity of specie in the Bmk? B , the mooihly stalemeirs it had on the tsi , of J .nuary but g 7,038 8-23. &bu g‘2.200 * ol funded deb ; being, when added toge-;, •her. 51.338.irr less than what the Bank ■ commenced wilt, though the Governments , atock has since been paid in. Now. Sir, I , maintain that 'his is not, under any sound interpretation nt the charter a due propor tion of coin to the capi at (.fhek. Igo fur- 1 , • her, and say, that this result involves the pi iiieiple, if not the actual fact, that the Bank is broke. She has been coinpelled to us.- that portion pf her capital, which was the prescribed security to the public, of the B ink’# claims to confidence, it was the pled*,- of the Bank’s credit and the start ing point of its operations, below which if it should come, there was no safely an to i'B , promises; fur it must be obvious to ail, if uuce allowed to range below this limit, it , may j ist as well continue business upon one , f liar as fine hundred, and upon one hun i died as upon ons thousand, and so on. till i' gets to that limit assigned by the charter. . Tnuogli the gentleman lus s.-dii, the B .nk l is not only able to pay its J Hits, but is a | g-eat deal too able, to suit the views and , wi-hes of its opponents,” yet, 1 dispute i the fact, and will iffi-mi, m opposition to , his declaration, that upon true mercantile , or banking pi inciples, ( ,nd that punctuality,!. Which those respective telatims require it is not ib eto meet its engagements. He , ie«;s i's capacity upon its property and < deb's to discharge ,h- d-raands that may I b ‘ “«■“ ■»’ '• N,w sir, f S h T that . this is not a sal - reliance, and I suy morel, that it toe Biliks of N>w Y . k and Penn f if Ivania were itisposed to ui.i-e and nuke a . rmopan .he mother Bu.k a. P iUdelphla th y could compel her to close her doors , t» morrow no* withstanding she migl* q,. a . , b c oeiealter to pay thirty diifltegs m the , P' -n l. He has said it cm d pa. if a ,| , ts , ■st.s iu mx>y days, What ! a B aiJ k as k- r ling sixty days (b pay its debts f Brcod (u! ! Will Hanks dare to require of her poor debtors to pav down (he last farthing in the lhret>. days of grace, ami then turn roam! ami claim sixty days for themselves ? If they arc such clamorous sticklers tor punctuality among their debtors that they protest them, stop their credit in Bilik, nay, strip them of all their property and 11 og their b idics into a dungeon, il th-y overgo those «-;iid days of grace, can it b- 1 possible that th-V claim an exemption from a like punctuality ? If by the lav; merchant, a strict compliance is required with the rule I have in -ntioned, ami a failure to regard it involves the consequence ol binkrupicy, though the.defaulter may be worth twice as much as 'he deht, how can the Bmk escape from .his fundamental principle in ail trad ing establishments; Would the Bmk be content with such a reply as this Irom one of her debtors, on the day his note b emm doe—“ Sir, I have not toe cash to pay my note, hut, look upon my list of proper y ; see the notes due from other persons to me, to be paid in sixty da's—the whole amount ten tiiiu-a more than I owe you : wilt you wail slx-y days, when it will be entirely in ny power to pay you f” Think you, Mr. Speaker, the Bank would reply—“ Tube iure, mv Hear friend, we will wait ; we are mrry you have troubl'd yourself j.bou! it, >ive yourself no uneasiness ; yuftt pay us when it suit* your convenient e.” II there « any such Bnk in th : s world, 1 k 'ili make it least i n<- pilgrimage to it. Then, S.r, f the Bank musi piiy, like all other per-, ions, when demanded, and in the three days >f gmee, le - us see how far she is able to) nent her present debts. Let it be borne in nind. t >» t her seven millions of specie does in*, lie.in the parent Bunk, bu' is scattered ill i ver the Union, in her several branches. The whole, of her sper'<e m the principal, and twenty-seven I brandies, including the Hank in the District us Co.uiubia, is but 87,038 823 Funded dvbf, 2,200 To which add all the tangible silver and gold now circulat ing out of the Banks, in the United Slates, which it es timated at 14,077 346 Add Bills due her from other Banks. 2171676 Add- Debts due her from other Hanks. 1,993,744 Add her Contingent Fund, though 1 do not understand its nature, 2,114 365 g«7 398,454 N >w. Sir, this is all the im medi.'e available ci»sh fond, in the power of the Bank to wield, upon a sudden emer g mey ; and it is seen that one impossible rem is allowed— that is, die whole of the circu lating gold and silver curren cy in the U. S'ates. When ibis, and the scafered condi tion of her nw ■ specie is con sidered, how is il possible for her to meet the following deb’s, if'timeiliately pressed to wit; Bu ssued, and now in cncu lati. 24,690,732: To whicn -'d public and pri vate dep./ ,es, 1T,997,689 Add Biring & Co’s deb', and Dividends unclaimed, 1,512,663 £44 141 106 The Bank cannot make specie rn (he coun try, toe deception is in promising to pay anecie. Tin; best financieis calculate that there i* but about fourteen millions of spe cie circula'iog in the cuntry, oat „f the Banks, 6t if the Bank of the United States could lap up every dollar of 'hese, could insert its proboscis imo those leather purses • hit have for many years concealed from the >ight of day dollars that have "grown dun” >viih age, it could not according m the usages f merchants meet its engagemen’s with hat promptness which is the arterial circulation of commerce. This is what I meant »he ether day by saying the Ba k was broke I did not in nd to u-e the le.in in \Upopular, but in its commercial smise I know too weil its j* nense rea ‘urers to believe it is unable to pay, the Government d-posit, will upho d her. It nas been too loog wringing ftrnn the cmninuniiy., the fat of -he lind. to be wm' w n d be tend ed insolvent. I only wish to warn the na tion that hei late trading, as well fur the purpose of making friends, as for money "pt %.aions. especially io specie, as will be her.'»*v.T show i, has carried her over the boundary of safe transactions, and she relies up-m getting back by the indulgence of th- Gcvernmeiit «nd that most desired of all objects, a new charter. And I make this r in n k which I n..p e will be well remember ed, mt when that is accomplished, and she makes the rebnu idmg ~ff irt to gain her for mer position, it will Ue a »p ing that will crush i s thousands to death. Mai v a N .bob has broken fu I handed. Many a g ded iign hang- be’ore a rich w,re-house, all iu contusion And, drawing a Cguie from hit best of books, live while ! sepulchre is filled with dead men’s bones.” " The several States are obliged to have money tor their wants, as well as iheG ne ial Government, losiitutions of Govern tneot, intended to protect such impor mt inierests as the rights of persons, and Ii rights of property mast be supported by die - same wean* as these that beloß" to the fou’e r ral or any otiier government. And it ia no » bold assertion in me to iay, that the United t States Bilik cannot soppy ail the wan's of ? the Staten. The people ot the States mus r have money for their taxes as well .»« (or i other purposes, and 'o I<■ caf institu inns they , are compelled »o lin k tor those facilities r which i ; s H.ml the United States B.nk fur i oishes tb's G-merd G ivernnient. Is it de ; sifllie to. pruslra'e these great cunver.i --s encew ? Will the Representatives In re, of i their different S a en, so far forget their own ■ establishment as to place them in 'he povv- I er of an invi'Ution, which its own Piesident , has decla> ed can crush them, whenever it i chooses ? If the corporation of the Uoi'eJ i States Bankjiad an invincible army in Phi ladelphia, which it could send out by de i tachmen’s to p under and rifle the S ates of i their proper'y, cm q ter tilem whenever it ■ suiied either their i ter*»t or ambition, at.d make them tribu'ary to ihtir avarice or i power, every one would shudder at such a slate of things. Now, Sir, in ticy is invin cible power, and is to - the moral, what :.n amij is to the phvdical world. The Bank has nothing t.i do but to send nut a detach ment often midions of dollars into a Sta'e, demolish the State Banks, deg .late, then fair fields of profit, make prisoners of war of their custinneiß, tb'ain the allegiance ot their debtors, pstahl>*>h a fort, and then march on t:> the mst State, conquering and to conquer. Who does not perceive thi 1 -? And in there none who would not be. willing! to divert such an enemy of this despotic do minion ? The Bank does not cash its notes or re- 1 ceive in deposile at each branch, and at the parent Bank, the re es of each other. This idea will be belter understood hy s'a'iug that the mother Bank preparrs tile bills and jeends them out to her respective branches, iThese branches then fill them up anil issu. ithem, and as soon as they are afloat, the, parent Bank knows them no more, t-hough circulati gin the country as her offspring and bound tu support them, and can never be brought to i t collect them again till her mommy is refreshed with suin 'thing like a onept'r cent, remembrancer. And so with regard to the branches, though sis-'er? from , the same parent, they know no’hingof each olhei’n progeny, ami will have nothing to dn with 'hem. unless paid to entertain them. As 1 s'ated h fore, ttie parent -Bank de mantis a premium for receiving the notes o f .her branches, he brat.ches os the parent j Bark, and of eat It oher,— T iii■* (heg'ntle- I man says, is obliged to b' done, and the at . tempt to ilo wfat the Batik is hete assailed I *or not doing, produced all its embmiais , ments in 1319 If it cannot do it. the busl ines* ought t 0 be confined eutjiel/to the I mother Bank, and the branches wiitidrawn jtro.n (he States, for, a* at present organized, they are complete brokerage, or rather Sha ving shops, selling and baying their own pa per and making a profi; both ways. But (here is good reason tu believe the fact is untrue. In the first place, they do it for the government, they receive at any branch the bills of the mother Batik or any of the other branches, without any discount when ever demanded by the Treasury Depart ment, and why may they not on account of citizens ? In the second place, they do it for the citizens in all sums of five dollars. ! Why no more ? In the third place., in very I many branches they do it without any pre mium, for any amount and to any person jWhy this difference? In the fourth place, they charge more at some branches than at Rothes, and they require a greater premium ; upon some branch bills than o hers, and upon none does it exceed half per cent, the usual price being one quarter of one per cent. Now. can ihey believe that if they can (receive their bills lor the government with* iout premium, from the cnizens up to five dollars, can dispense witfrit at some of the |> brunches, make a difference in the bills, and fi tally receive only one fourth to one * half per cent, upon what theyr actuillydo 1 in this traffic, they might not dispense with Jit altogether. Can it be possible that this petty shaving is indispensable to ' sustain • j the soundness of the currency,” and the | attempt lo do which, in 1819, “led to all the over trading and em larrassmcnt and ru | in which ensued ?” If it is, the time has ar rived, as 1 humbly conceive, to sweep it from its connection with this great govern ment. and to rely upon hard money curren cy, the only one known to the constitution.” j “I believe, Sir I have now gone through all the arguments of the gentleman found ed upon the charges in th» ir regular order. Bi fore, however, I take mv final leave of him I must advert to one suggestion,which, lr*>m its nature, was intended to be address ed to our sympathies ; and, as I am one who have ever be n veil, that one touching sally upon the passions, overpowers a thousand dry arguments. I always leave the lat er to dislodge (he former. He said, "A large 1 portion of the stock of this ntSM’.u'ion be , l"Dgs to he widow tit the orphan ; in many ins auces, peihaps their sole support and , inheritance ” 1 believe nothing could ba of t ,nore service to this description of persons I than a dissolution of this institution. When the old United States Book wound up i s .business, and made a fi >al division, each j|St 'ckholder had returned tu him not only toe lull amount ot his shares, wi*h eigh percent inters* per annum for the whole period of i r » ir. «-por.i ion, but he hail paid to him o .r hundred Jullais lo the -bar' besides- iat i«, „ IS money wia doubled, exclusive of '!).• interest. There is no man nor if doubt 'hat such vjuld be the re sult at Hit wXjiiratiou of the present Char* - ter. This doubled amount could soon be i vested in other stock, & their means of sop llpurt consequently increased c ne hundred ( per rent. A id, Mr, Speaker, this would be no common support, either ; for 1 tied r upon eximiiii g the list of Stockb'ldcr , there arc unwauls i f for y widows who - own ;!over ten thousand dollars each, and sever ■ al as high as fifty thousand. Concerning • these last, I hope the gentleman will giv; ■ himself no uneasiness ; fur they cut assure f him, in any event ol the Bi' k question, i they will remairi prett» good frame, for thi - pursuit of ANY WIDOWER whatever, t But, Sir, while lie is manifesting such sen t nihility lor these des i u»e persons, let nn 1 shade his portrait a fit'.k hy a sombre Color, ■ whkh I can employ f.om ano'he.r dr.»# rd - Bt»>rkho!dfrs in this same Batik t — I’he f real Stockholders are not American VVid I nws sod Orphans, hut British Lords and I Ladies— Uri'ish Naval and Military Of rfioeis—British Clergymen and. Country i Squires—and, Sir, for your exquisite tie iigh . permit me to read a few of tlieirj i name : ; Haring Brothers U Co. London, $791,500 The Most Honorable the Marquis of Hart ford ’ 100,300 1 The Wight Honorable Sarah Countess Dowager of Castle Smart 10,000! f Sir Colin Campbell and Sir Richard Hunter 37,100 Right Honorable Lord Henry Viscount Gage 12,000 Hon. Hudson Gurney, member of Parliament 50,000 Sir Robert Harvey ..;. 19,500, Sir William Kcppel, General in His Brit : isli Majesty’s forces, Knight of tbs Grand ! Cross of the order of the Ruth 72,200 , Major General Maister 9,000 j Sir George Nugent, Baronot 20,000 J Packwood, of-the Rojal Navy 8,000! (Sir Marmaduke Warren Peacock, Lieu tenant General, &c 50,000; The Karl of Beaucham..... 15,000! ; Sir Gilbert Sterling 10,000 i Lady Sarah Stuart 31,300! Sir Greenville Temple 20,000 Augusta Countess Dowager Van Pollant 4,200 Hie Karl of Levin 50,000 Major General Macdonald 64,900 Lieutenant General Sir Thomas Bradford 4,000 ! Sir William Keeth Ball, Baronet 30,000 Lord Erie Reery 60,000 Mrs. Ann Redlern 70,160 Abel Smith, Eq 100,000: Sir Edward Tucker 50.200 Jonathan Austin, Esq 120,000^ Major William Davis 20,600 Reverend Ar'hur Dean 7,100 Reverend Philip Fletcher... 20,000, Reverend George Gordon SO.llo' Mr. Benjamin Heywood 178,400! John Marshall, (London) 123,600 James Drake ; IQO.OOO John Marshall 264,200, Lieutenant Colonel John Maxwell 64,900| Sir Robert Wilson 15,000 ! Lady Rosabella Wilson.. 15,000 J And last, tho’ not least, Mrs, Candelaria Bell 63,700 Whose fanciful and beautiful name 1 hop*- [ will be remembered by some gentlemen of ! the Turf, when he comes tu chris en his 1 next female Racer. In all, upwards of ' 400 in number, and holding Stock to the amount of 8i millions, beside* what is in ! the hands of Trustees. .. , New York, March IT. FLOODS ON THE HUDSON AND MO HAWK. The Hudson. — We stated yesterday that on Monday evening the river was very high . at Albany, the wa er having risen two feet! over the docks. The mail of last evening brought further accounts of the breaking up of the Hudson and Mohawk rivers, and a melancholy detail of the loss of -lives and property by the great flood. We have se lected the following from the A'bany Juur ’ nal. Daily Advertiser and Argus. ’ About a o’clock on Tuesday morning, the | ice, which had started a few yards, the pre vious evening, broke up, and the rush of w«. * ter from above was very great, At-lfiu’- ' clock un Tuesday, (noon,) it was nearly up Jto the second stories of the houses on Quay street, and extended almost to Market-st. ' in the centre of the city, and in fact over flawed it at Hamilton st, at the lower Mar • ket, and at Lydiua and Ferry streets, as well Jas the pasture below the new wharves. ’j The access to the Eagle tavern, National 1 and Columbian hotels, and Excha ge Coffee 4 House, could only be by boats or carriages 1 The principal damage was done on Tue*-. * day forenoon, when the ice setting in at the 1 head of the pier, came dowu with irresistible ■ force in the direction of the stores and the ' piles of lumber. 1 The three story buildings, situated at the termina ion of the Columbia-street Bridge, ' v/ere crushed in a few moments—one sf or the other ihey were swept from thrir fouoda -1 tions, apparently without the least resis tance. The Bridge was also carried away •;anil destroyed. That at the font of Statc-st. * is also materially damaged, if not totally • ruined. The water in the northern part of (he ci’.y ° ovetfljwod ihe canal, and rose as high as the P garden of the Patroon. Large cakes of ice ‘jwere thrown upon the field on the west side r ,of the canal, ami near the stone mijl. Tht p tow path bridges are thrown over and crush led. The largp sheds to shelter wood and P ! plank, were injured. I The New London and her tow boats re l main near Bath in the ice, apparently with * "U damage, and wiih having shifted their • places ia which they have remained all win -5 er * having been frozen in last December, > while on their way from Troy, Numerous trees, wrecks of biats, and buddings floating along. 1 Ten buildings on the Pier, owned by Win. 1 James, were much injured. Peter Muakley’s sail loft was scrinusl' . damaged, Smi h & Willard and E. C. Delevan a . a'so sufferers by injury to builfti»g« cn the - Pier, 1 Gough end H?rrit'g. & trs Messrs. Slack, have 1 (is * much by stoves and iambi- r being i carried away from the Pier. I Kverj thing on the'Pter above the Coltmi ,)ia-i -f'cei fridge is swept away. Brut’? Furnace near the South berry lies been alni-a* entirely carried away. S. S Fowler’s extensive leather and mo ; rocco establishment at the same place is te riously dJ-nvgf d' I The hoes;‘■ton V-n . R«*nssela<' r : s .Rin'f, ,'{<Hrectiy this ci f y, and which* i* ('Hud as a riic-i- of recreation in the sum . me?, was carried away. ' ■ File house and barn <f Mr. Wilbur sit uated at the fetry dock in wvss , entirely destroyed on Monday night, to- I gether wi'h ail his furniture. A lug- raft lying between Albany ard I’luy, valued at SSOOO, was totally scattered I and Inst. The Bridge over the Norman’s Kill about ■ three miles directly south of this citv, i-i the Bethlehem turnpike, h.:s been so touch (injury th«' it is imp asab'e by carriage?. i’lie brrdge generally called M’CnrniicVs i Bridge, on the Norman’s Kill, some miles west of the above mentioned bridge, has 1 b en entirely swept away. This is a small, ( ia> d not a toll bridge. ! It is much feared that tha bridge at (.‘'Sti'es” on the same Kill, and about mid i way between the two before named bridges, 1 will be taken oft*. Many families on the dock were obliged I to leave their dwelling houses very sb , ' upt manner, and some of the inmates were i taken our in boats from their second stories. t| The canal boats in the Basin, and small (cruft at the docks, were stranded on the ;| wharves and bridges. |l Considerable damage had been done at but the particulars had not been i ascertained. t The Mohawk -—A. letter from Schenccta -1 dy, dated Tuesday morning, March 13th, [i-otys—" The Mohawk bridge is yet safe, i nd the water falling. The river is clear i below the bridge, but is so completely Idock eed up with ice, for three or four miles above, •jas to turn the current upon the fla's. Much [jdam«g>* has been done on the battle ground ! and in Frog Alley. The water rose jo high i last night, as to cover, at 12 o’clock, the i ( flats as h gh as the canal bar k, and run over (the canal through Frog Alley, to the Mo 'lbawk. The water rose so fast in the Al [ ley, that the inhabitants had not time to i leave their houses. A number succeeded ijin getting away safe, in boats \ but the cur rent soon became so sirong ; that it was 'i impossible to pass up with boats. Those 1 at the further end of the street were oblig ed to take refuge in ths upper par s of their hou es, and remain there until morning, be ing every moment in dinger of being swept away by the current, One home was thrown down and two children diowned. Another, in which were six or seven persons, was thrown down on its side, ami remained in that si'uation until 8 o’clock thU morning, when the boats succeeded in reaching if ami bringing them all off safe. Several build ings have gone to piece-*. Mr. John Brown is the greatest Buffcrer. The rail-road must ;be much injured, all that part from the foot of the inclined plane to ihe canal being un ; der water. A part of the new embank* 1 ment west of the canal is entirely washed i away. •• Tuesday', It o'clock, A. M. —The mail ha* j is' come down from Amsterdam. The water was 6 or 8 feet deep on the turnpike. On the flat, near the gate, it rose so rapid ! ly, that the gate keeper had scarcely time to get hi? family out of the house. Hi# horse atjd cow were drowned in the stable. " The river is raising again.” • March 1 f, ■ FURTHER DETAILS OF THE FLOODS. The steam boat Constitution arrived thie ■ morning ft™ Hudson. She could proceed no further op, in consequence of the ob struction by the ice, caused by the severely (cold weather of Tuesday and Wednesday ■(night. The Albany papers of Thursday ' and Friday, were brought by the boat, but the two mails are still due. -j The details which we publish this after ‘ noon of the destruction occasioned by the ’Veakiug «P of the ice, and the freshets its ! : the, Hudson and its tributaries, are of a me lancholy character. The damage to pro I ■ p pr ty, and loss of lives, probably exceed • those sustained by (he freshets in’the west. 4 r Since the above was written, we have - been informed that it is probable the boat# ' I will not be able to reach Albany for some fj'days, in cons-quence of the immense quan • Itity of wrecks of buildings, rafts, limbers,, ' &c. which is piled up, to a great length, a (cross the river at Four Mile Point. B| [From th*- Kin<t«rhtoh Columbia Santioat, Marsh 15.) e Melancholy Occurrence.—On Tuesday, e at 12 o’clock, A. M. the ice in the Hudson river at Stuyvesant landing began so give wav. The river had at (hat lime risen l» I an unusual height, the water being twelve feet abive low wa'er mark, covering the - dorks to the depth of four feet, and making ; an enhance into most of the itore houses on r j the wharve*. Serious and well-grounded Uppiehensions were entertained that every building along the margin of the river would (tie swept away ; hut happily these fears were I i not realized, she buildings having sustained only a trifling Hm "?. The ice continued . to move for about two hours, and apparently ( n one sJid mass, reveral miles in extent. Goring 'his interval, a most distressing scene was witnessed at the sight of the upper ■ I.light H -use, situate a mile and a half abova l he landing. This was a stone building, 20 oy 34 and 2 stories high with a vnole but-