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I
CHiIOMCI.K AND SENTINEL.
AUGUSTA.
TUESDAY MORNING, NOVEMBER 2(3.
(Jj-’ The Northern mail may l>e ex|ieeted thi«
evening. .Should it arrive, our n aders ahull cer
tainly be informed of (he fact.
Wc devote a oonaidcrablc spare 10-dny to the
continuation of the Financial Report. Like a
welt written novel, it grows in interest us the
plot thickens—hut, unlike all novels, it contains
nothing of fiction, but every thing of fact and ir
resistible argument.
From Key Most.
The Charleston Mercury of yesterday says—
By the U. S. Mail schooner Thames, Captain
Griffith. arrive I at Charleston on Sunday, we re
ceived the Sooth Floridian ot the 2d tn«t.
The U, S. sehr. Otsego. Lieut. Sljtihriek, arri
ved at Key West on the morning of the 2d inst.
The Eight ship Key West, after undergoing
repairs has main lieen placed on het station in the
North West Pass.
Four Indians, who had gone to Tampa Bay,
with while feathers in their turbans, as a symbol
of peace, for the purpose of lidding a talk with
the commanding officer of that post, have been
taken prisoners and are confined in one of the
Block Houses.
The Piesidenl bus recognised Thomas Lynch
Hamilton, as Consul of Texas, for the port of
Charleston, and the Cavaliere I). Roeco Marius
colli, ns Consul of the Two Sicilies, to reside in
New York.
i
The Philadelphia North American of the 20th
says:—-The brig Emily Davis, anived at tins 1
port from St. Jago do Cuba lie day Indore yes- '
terday. having ns part of her cargo. 22.5110 mul- 1
berry trees, and 24.000 cuttings. We trust, for I
the sake n( the shipper, they ore of some new
species, for that of miiltieaulis is jual now rattier t
unsaleable in these parts.” i
The Boston Post,says:—-The most remarks
hie case which eumo on yesterday, was that of
the Commonwealth of Massachusetts vs, Wil
liam Moore, who was charged with having smok
ed a -lighted cigar” in the street; hut as U.e
prool was that ho only smoked tt pipe, ho was
discharged.”
The \ uu Burenites of Connecticut, have nom
inated John M. N ties, us their candidate lor gov
ernor.
From B cknrll'g Reporter.
Wo discredit the report that the Banks of
Philadtdp.na are about to re.-unie specie pay
ments. I'hey may do so I y toe middle ut Janu
ary, and even then the result eun only bo brought '
about by a system of curtailment; and hence 1
rnu. li inoiietaiy pressure. Flic Legislature would 1
net wisely and Wi ll in allowing the tianiis In is
sue small notes, and also in enjoining upon loom 1
a resumption at the end of a year, or a lonemire i I
ol their einirler, Croat them li ,e individuals I
similarly circumstanced—give them time to to- | (
liaCe t.leirsteps, and colic. I tbcji'scaileri'd luiuts. I
il they do nut profit by tins cle.m ney. puinslr *
then), hut nr the first place, gr e tlioui a mtr
chance. I’tiey are solvent, generally speaking. | ‘
No one duunts it. But many u iieii and solvent I
man may labor under tempo, ary itilli oily,
I in. Ua \x has, —-1 ho I oionto Examiner of
the I3lh, stales •• from good uulhorily,” unit tho
Governor General has itilly res ..veil, in compli
ance wdh Ins illstruetiuns, to carry iniuelleel the I
union o. ifio provinces, without regard to tfio j
opinions ol any individuals on one side or the
Ollier.
Tne same piper intimates that the resolutions i
laid bo lore the (Special >i mi lie 11 by the Governor j
General in lavor of uniting the provinces, were
adopted with ml hesitation ; and that on .Monday
ino i Mb, tney were to bo transmitted to Upper
U unada.
lie port
Os the Ciimmleeiuiiere u/i/ju ultil by aulfwritij
ij Hit iut euojeci ij tut Uluie
F.iiuitcce. — Vtmniiuul,
In order to a ju.t opinion upon the merits of
this proposition, ii is tieres.su.y. in Hie liisi pluce,
to lake a succinct review ot loose uporaLions of
too U ut.. Iroiii which a li.cul gain to die estate
was* u, uiiu tu tarn iu li.it extent, llto
result has been i imii/.fti.
At luo u.ue oi die first organization of the
Bank, to wit, on die 2dm January, ISr'J, it came
into possession ol specie and die mils olcila.lcred
banks to tho amount ol sold,lot 17
Ot Bonds, Notes, iVe. to the amount
ol 5>355.697 93, ot widen at tfio
period ol me first annual repoit on
2d November, 18211, •>! 17,340 U 2
had Deen converted into accommo
dation paper running in the Bunk,
Bccoidnig to the pioviston o. tne
2d section ol me Giiarler, 117,34 b 92
63d,442 (3J
Whereby it appears that 6311,442 09
was tne amount ot me discounts
and means ol discounting u,r tne
firstyeur ol its operations, 'Foe
actual amount ol discounts in
Nov. oi tniii year, was 578 833 63
Nell profits loi luai year, were 11,846 20
The sum to al ol discounts in Nov.
18 30, was 720,633 29
Nett jnufi.s for that year, 3o 933 63
Discounts in Nov. 1831, were 872.464 02
Nett proms tor that year, 46,948 97
Discounts in Nov. 1832, were 961,864 04
Net. profits lor that year, 62,ti4 75
Discounts in Nov. 1833, were, 1,011,37 22
Nett p.olits lor lost year, 6u,4tij t7
Discounts in Nov. 1834, were 1,161,752 37
Nett profits for that year, 63,971 96
Discounts in Nov, J 835. were 3.222,042 07
Neil p.oliu,ior mat year, 6u!a3o 88
Disuounuiii Nov. 1836, were 1,192,045 00
Nell profits for dial year, 67,100 1,5
Discounts in No . 1837, were 2,303,40 (
Nell p.oliu ior that year, 136,226 1,4
Discounts Nov. 1838, were 1,951.621 61
Nett p.uu.* i.„ mm y,.ar, 60.902 57
Itial liu* t*u u lit'.it 1 '
*oi.,U4 21 ! o al 1,,f ‘“- ,l “ ,m w,s
Wfitch tuese results snow' m‘L!Ti “‘ U ‘ V‘°‘ K
to nave been made on
j the Capital employed by tne Bank, it must lie
borne in mind that the discounts are hated on
apilal only, and represent mulling hut capital,
and that consequently. whatever amount ol dis
counted papn appears al any dine to ha'e been
held by the Bank, it is certain that an equal
amount of Capital mid come to the bands ol the
Hank and was used in those discounts. — I hen
inasmuch as all the discounts for ten years amoun
ted to 61 1.975.985 73. which makes an average
for each year id sl, 197 598 57, it follows I lint
the average amount ol the (Slates’ monied Capi
tal. which the Bank eac h year employed in dis
counts was also the sum of 61.127.698 57. And
the average profit thereon lor each year, was
666,613 42, which is equal to an interest of 4 7-
Hubs per cent per annum.
Whether this he a good or a had business (or
the State, in a mere financial view of the matter,
depends on tho question, whether the State might
riot, with ns much ease, and ns little peril, have
realized a belter profit in some other know 11 mode
of employ ing the public money. And bee the
aforementioned resuhs of her investments in the
(Storks of certain of our Joint stock Banking Com
panies are at hand, and iurnish a I'eeis ve an
swer. For il has already been shown that on
her ('apilal of 61,6(15.000 vested in these Banks,
she has realized in ten years just above mention
ed a clear profit of 6745, 86b 92, which gives an
average for each year of 674 586 b 9, and is
equal to an interest of 7 4-lbllis per cent, per
11111111111, on the whole Capital thus invested.
fflhe Capital employed by die Central Bunk,
during these same ten years, had yielded an equal
rale of profit, to wit. un mterc.it of 7 4-lb per
rent, instead of an interest of 4 7-10 per cent. —
then the sum total of its profits for that lime,
would have been 6886,222 50, instead of 6565,- |
134 21, whereby the State would have been t di
ner In the amount of 6321,088 29; which sum
must consequently he set down us so much loss |
in ten years chargeable to the policy of having!
discarded the old and well tried system of invest- I
mg in ordinary Bank Stocks; for the new and I
questiona le experiment ol the Central Bank.
The very unfavorable comparison, in a fiscal 1
point of view, which it is thus shown, the public !
money employed through the Central Bank sus
tains w ith that vested in other Bark Stocks, is
attributable to inherent and ineradicable viees of
the former system—a system at lint very root ol
which lies the principle of sacrificing in a I irgo
measure, the general interests of the Treasury
to the benefit ol borrowers.
Hem e all loans on accommodation paper an
made al six percent, interest, when the legal
rate in all other eases iseight per ei til.,and when
every body knows that money in Georgia has al
ways been worth even 11 higher rale. Hei.ce,
100. paper of this sort, which, at the first insli 11-
lion of the Banks, was required to he rein wed
every six months, and reduced at the rate nl ten
per coni, at each renewal, was afterwards subject
ed to hut one renewal in every twelve months
with a reduction of twenty per cent, at each re
newal. Those regulations both in regard to t e
rate of interest and the periods of renewal, ami
reduction, can he regarded in no other light, than
as sacrifices of the interests of the great body of
the people, who have 11 deep stake in the prosper
ity ol the public finances, for the advantage of the
comparatively small numlier who are so fortu
mile as in obtain loans of tI.V public money, and
who would he still favored anil fortunate beyond
most of their equally meritorious felJow-einznis.
even if these hums were made at eight per cent
interest and ut slim ier periods of renewal and ie
duel inn.
The consequence is, that the whole people
must now make gnnd, by taxes imposed on the t
persons and property, the loss of more than three
hundred and twenty thousand dollars, which the
Slate has, in ten years snH'erod by treating the
public money, more as a fund for individualben
efit, than fiscal emolument.
Then as regards this great and cherished object
ol extending to the people, in their individual
pursuits, aid and eiiennrageinent through the in
strinm I>lnl il y of the public, money, an object to
which so h heavy fne.il sacrifices have been por
fessedly made for the last ten years, how stands
the comparison between itie system ol IheUenUnl
Bank and that of investments in the enmmcreiul
joint Stock Banks of the State? ('ert.iinly, it is
a eo iqiarison decisive against the former, both us
regards the mount, and the e/ieetiveness of tin
pecuniary help iillorded. us a little exomina ion
will clearly show. It has been seen that the
Central Bunk has, for the lust ten years preced
ing the present, made loans of actual eapiliil be
hinging to the Stale, averaging 61. >97.598 57
for each year. Had all this Gupital been invest
ed as last as il accrued, in the Slocks of charter
ed enniinerei.it Banks, it would have been equiv
alent in 61,167,598 57 of capital, employed dur
ing the whole of these ten years, in Commercial
Banking.
The Central Bank, on this capital, made loans
no more than equal in amount to ihcsumoi the
Copiinl itself. Our ordinary commercial Batiks
would upon the same capital have kept out dur
ing the wlm.e ten years. 1111 average amount of
loans eqn d to double that eapiliil. For it will
n «t lie questioned that, ill such times as prevailed
from 1829i01838.ii well manage.) joint stick
I churl. red Bank, for every in. Limn of capital which
it possessed by means of its l«eull\ of
combining issue of credit with loans of Capital,
have safely furnished to the Country, standing
pecuniary facilities to the amount of two millions
of dollars. From this fact il follows, that the aid
which the Slate has, in the last ten years, exten
ded to her citizens, in their individual pursuits, by
means of the monied c ipital of the Central Bank,
has (alien more than one million, per annum,
short of what might and would have been ex
tended thtough the instrumentality of the same
capital, it it had been invested in ordinary Bank
Sinks. This conclusion is ineolrovcn’iblc and
it demonstrates how little the people lime, in
j 'heir in lividuat capacities, been gainers, dr rather
how much they have been losers by the adoption
ol a policy, which wont on the avowed ground
that any detriment which it might inflict on the
fiscal prosperity oflhe St ile, would he more than
compensated by the benefit ; t would bring i„ u„.
piiv.ite interests and pursuits of her citizens.
But another impoilanl view yet remains to he
taken on this brunch of h ■ subject; namely, the
greater efficiency for good, which a g.ven amount
of loans exerts when made in aid ol he import
ant commercial oxelumgi sos the eoi ntry, than
when dispensed for m r • accommoi alion, and
upon long time, l oans of the former eh iraeter.
up m being analysed, turn out to he nothing else
than an instrumentality through which every
mm rapidly, and easily realizes the fruits of his
industry and enterprise. It is by means of such
loans made by Conimmereinl Ranks to the mer
! ' hmis. that the crop ot the laborious husband
man is converted into money at afar price us
soon as it enters the streets of our . ommereiiil
cities, Ihe merchant having gone in debt to box
(he cotton, makes that very cotton pay the debt
-V shipping it to he sold iit the sea port where
the bill discounted (or him by the Bank is made
payable. So by like means, the wh ies de deal
er in every species ol merel.a idize, obtains a dis
•mint oflhe note on time, given him by bis cus
tomer. lor tbe purchase ol g U K |s. and ii thus en
aoled at once, to give a convenient ere.iit to that
■nstomer, and to realize also the money neeesaa
ry to p.y the debts created by Ins own purchases
is they fall due. And ... all these discounts, both
.1 lolls drawn lor the purchase of produce an
Kites given on the saleol merchandise, are mad.
hi short time and must he promptly met in full
it mainniy.it is obvious that the sai ie
ones, m the course of a year, t,, the help „f ,
eat noa.ber of person, and transaction*. Tims
t acquires a redoubled power far good, by the ,
.adity and regularity with which it is made to
1 | net. Radiating from its central home in the re
spective Hanks to which it n Wil
ing at quick intervals again to issue forth, like
I lie lilt- lilootl ol the human Iranic, it's kept run
i iiing in a ceaseless mid invigorating round. ■ .
1 through all Iho channels of commerce and busi
ness, dispensing its generous aliment in all dircc- j
i lions and over eveiy interest. Surely, it may ho f
- salelv said of a system under which the money
let forth hy the Hanks, conies thus actively to the
i aid of the various tiansnrtions ot trade, and |
eomes too, to the hands of those who have pro
duce or merchandise, or some olln r v aluahte coin-
I rnodily to olfer in return—that it is greatly more
« i assistant and encouraging to I ic industry, prosper
ity ami improvement ol individuals and the com
munity. than a system under which the same
money should he dispensed to those who have not
, earned it, who want it for a long lime, who have
nothing to offer for it hut their promissory notes,
■ and v, Ini, in fine, a-k for it as a matter ot accom
modation, and not as the price of some actual toil,
■ or useful commodity, which they offer in ex
change. The latter is the system of the Central
Hank, a system under which the public money is
set apart for the tpeeial benefit of those whose on
ly claim to it consists in the strength and *espec
labilitv of the names on the accommodation pa
per which thev present.
And that the large capital which that Hank
has lu-i'ii for ten years distributing ever the State
under this system, has been therl y prevented
] from having a useful elfi icney proportlonato to
the actual amount of loans made hy means of it,
is open to ns little doubts ns is the fact, that the
a ount itself of those loans has been on an aver
age, one-half less per annum, than would have
been authorized and sustained by the same m iss
ot capital, had it been vested in the Stock of Com
mercial Hanking institutions.
Such has boon the working—such the results •
of the system ol the I ‘cntrnl Hank, so far as the
two great objects of income to the treasury, and
assistance to the commercial interests of the com
munity are concerned.
In relation to the thiol ground on which its
( founders and advocates hive based their support
! of it as a scheme of finance, its tendency, name
-1 ly. to secure the integrity and perpetuity of the
I fund itself, thus employed in loans.it is a ground
vvliirh seems quite ns untenable us those of which
we have already disposed.
For, examined in reference to this point, the
system is liable to the strong objection of expo
sing the integrity of the fund to formidable peril
from two causes: Ist, from encroachments bv
Legislative appropriations; 2dly. from diminu
tions by losses aiising from bad debts. In Older
I to a just appreciation of the first named danger,
it is only necessary to advert to the fact, that ail
the monied funds at any time in the Central
Hank, or expected to he there, are always at (he
nhsoluti disposal of the Legislature, liable to he
diverted, at the will of that hody, from their ori
ginal destination ol loans to the people, and to he
subject! d to other appropriations, either for ordi
j nary or extraordinary objects of expenditure.
They constitute, in fart, sn much money in hand,
the to mi | tation to resort to which is greatly en
hanced hy its very aeccsaihlencss, and the conve
nience with with It it may hr used to meet the
current exigencies of the Government. Thctc
was no yielding, however, to this temptation un
til the session of 1835. Up to that time, the
fund which the Hank was enabled to employ in
Inims. so far from having hern diminished hy di
versions in other purposes, had progressively in
creased, until it reached, at the dale of the Di
rectors’ report for that year, the amount of
vI .22U.042 07. This progressive increase shows
not only that the fund had not then been touch
ed for the annual expenses of the Stale, hut also,
•hat for the six preceding years, there had been
uniform excesses of revenue beyond the disburse
ments of the Treasury. For it was from the
addition of these annual excesses to the funds
previously possessed hy the Hank, (hip the pro
gressive increase of its means of discounting ic
sulleil. Hut in the year 1835. the Slate, seeing
tself possessed of nearly a million and n quarter
of money for which it had no other use than to
accommodate the people with loans, was led to
\ Vvvr\\u*r rcVimuc on i\\o tuxtmnu
1 of her citizens, and to surrender the whole of (he
revenue from that source to the respective coun
ties in vvliirh it should he raised. From that
day, the animal fiscal incomes of the Stale have
been inadequate to her mmuul expenditure, and
she has hern driven to subsist hy consuming
every year some portion of her capital previously
accumulated and lodged in the Central Hank.
'I he consequences that followed were natural
and inevitable. The means in the Central Bank
applicable to loans, whir h had then tofore hern
| increasing hy a rapid and uniform progirssion,
began thenceforth progressively to decline in
amount. In the first year (from November,
1835. to November, 1830 ) they sui.k from
isl 232(147, down to $1,102 047. In another
year, 1837, (after deducting $1,051,432 09, U.
I States deposit of surplus revenue, and $230,000
borrowed hy the Hank to eurry out the dislri! n
l lions of that year ) they were reduced to $1,922,-
I 034. And hy the end of the third year, 1838,
I (after deduc ting again the aforesaid United States
, deposit ) they were reduced as low as $900,190,
i with mi taking into account the sum of $425,000
f borrowed during that year, under an act of the
. Legi-lalure, in order to meet the demands upon
r the Treasury, and which being taken into the
i account, demonstrates, that the joint effect of the
| surrender of taxes, and of the encroachments of
. appropriations, lias been, in three years, to reduce
• the clear unencutnbered monied capital of the
, Sidle in the Central Rank, applicable to loony ,
, from $1,222 199. at which It stood in November,
. 1835 to $475,199, at which it stood in Novem
. | her. 1838.
; It is true, that this rapid diminution is mainly
I due to the noble part which Georgia, as a Stale,
i has taken to hersell in the execution of that mag
r nificent and invaluable system of internal im
i provement. which contemplates, and will ere long
I realize, a thorough commercial connection be
tween the waters ot the 1 eunessco and her own
i navigable waters, loth interior and maritime.
Hut it is also true that iU> whole of the diuiinu
lion is by no means chargeable to this account.
. On the contrary, no mean fraction ol it lias pro
. eroded from the insufficiency of the annual reve-
I nue (since the ufoiementioned snr.emler of all
. the general taxes) to meet the yearly expenses
i ol the State, disconnected with that work. 8o
I that even it that great i nlcrprize had never been
. espoused hy the Stale, her monied wealth in the
> i Central Hank was nevertheless already doomed
to certain, though slower ahsorp ion, hy ilWWeei
ing and less wnr hy objects of every day'®Rml
i ilure. lor the land lund was drawing ’near to
. the period of its final exhaustion, ns a sotnee of
income; taxation, ns already noticed, had been
- formally discarded hy law ; consequently, an era
1 was at hand, in which the whole reliance lor
j Iresh receipts of revenue would he thrown on the
profits made hy the Central Bunk, and the divid
■ [ ends on the Id.oik stock owned by the State,
• i which, together, averaged but sl3 All 9 51. for
the ten years ending November, 18Sf and could
not he expected to produce, at the utmost, more
Ilian $2(1(1,099 per annum, even after the addi
l on ol the I nited Stales deposit to the funds of
the I auk. in 1837, had nearly doubled its moans
ol business and of making profits; whereas the
expenses ol the State, in IS2B. ol a permanent
ind ordinary charai ter. including those connect, d
with the subject of education, amounted to $228.-
•0b 37, and w re ot a nature to be considerably
minienUd hy the gradual our
qiul ition ami the const qurnt increase of the
xpc.ise oi sonic ot the hram lies of Government,
Whilst an augmentation of annual expenditure
vould then he going on, every year would sub
tract something (rotu the capital of the Central
1 Bank, and thereby range a diminution of the lu
ll.re revenue from that source. These facts all
go conclusively, then-lore, to show, that so lar
from the system ol the Central Hank having any
nirrit, on the ground of its tendency to preserve
j and perpetuate the surplu monied fund confided
j to it, lor the purpose of lending to the people,
, that system, on the contrary, had been in opera
-1 lion hut a >ery few years, before it gave rise to a
| policy, that, in the course ol some dozen or fifteen
| years more, would have caused the whole fund
pri viously accumulated, to have vanished in the
ordinary annual disbursements of the Treasury.
Fortunate, indeed, was it for the lasting grandeur
and prosperity of Georgia, that so soon alter this
process of petty evanescence commenced, the
great project of the Western and Atlantic Rail
road intervened to claim and secure to a noble
work of permanent public utility, a large propor
tion of a fund destined otherwise to have been
less worthily spent.
Os the second great rause which exposes the
public money employed hy the Central Bank to
inset urity and diminution, namely, the danger of
losses arising from had and irrecoverable debts,
nothing that is at all precise or satisfactory can
be said. For how is it possible for the members
of the finance commission, nr the officers of the
Hunk, nr any other person or persons to whom
such an enquiry should be referred, to pronounce,
with even a tolerable approach to certainty, on
(lie goodness and collectability 0f51,817,199 99
ot accommodation notes, in small sums, dis
chargeable in five years, and by five equal pay
ments, from the dale of the original discount, the
makers and endorsers of which are dispersed over
the whole State, and of Whose character and con
dition, in the main, nothing can he known, ex
cept what can be gleaned from the tax hooks and
records of their respective counties. The means
of judging possessed hy the Directors of the
Hank, on this head, on the sth of November.
1838, brought them to the conclusion, that, only
$1,019 98 of the discounted paper then held
ought then to he set down ns had and lost debts
Whether the Stale has been thus fortunate as a .
money lender, oi to what extent she has been
unfortunate, can never he deter ined with any
precision, until the chaff shall he sifted from the
wheat, and the good rain gathered into the gar
ner. upon the final winding up of the institution
and the collection of its availed le assets. Fm
the present, the reflection cannot he repressed
| that if it shall turn out. that, in a business run
ning through ton years, amounting in the aggre
gate to $11,975,985 73 of discounts, the great
mass of which was upon accommodation pape.
of five years time, a loss of no morn thai
$1,619 98 shall he sustained, hy reason of bat.
debts, it must, forever, he regarded ns somethin)
miraculous in the annals of money lending.
That, no such miracle, however, is destined to la
recorded, is strongly indicated by the fact, that oi
the $1,817,1! 0 90 of discounted notes held by
(lie Bank, on the sth November, 1838, the sun.
ol $462,863 was then lying over, dishonored
and $70,215 23 was in suit. And of ;> 134.461 61
of hills of exchange discounted and held hy tin
Hank, there was at the same date $112,239 27
lying dishonored, and $12,432 34 in suit. This
huge proportion of dishonored paper is indeed
appalling, and augur a heavy ultimate loss to the
Slate. Under such circumstances, it is console
tory to cling to the hope held out at the date o'
the annual report of 1838, that only the trifling
sum of $1,619 98 will he certainly lost.
( To be continued.J
Tnu Pantalktts.—A fashionahleyoung lady
of New York, whose frock did not hang any
lower than it should do, and who wore dangling
bout her feel a pair of half breeches, eotnrnonlv
called shin curtains, was lately on a visit to some
•fiends in New Jersey where she was arrested
and brought before a sensible, plain Dutch ma
gistrate, who fined her live dollars and cost, un
der the act prohibiting females from appearing in
piddle with men’s clothes on. It is expected, o!
course, that married Indies will wear the breech
es, hut the audacity of putting them on before
marriage, the Jersey people think entitled to pun
ishment.
SnniF.T WOHTH KNOWING.—How to „„|, f
three pair of hoots last as long as six, and lon
ger :
Seasonaiii.e Hints. — The following extract
from Col. Maeerone’s “Seasonable Hints,” which
appeared In the Mechanics’ Magazine, dated Feb
ruary 3, 1838. After stating the utility of sheep
skin clothing, for persons whose employment ren
ders it net essury that they should he much out
of doors, <fcc. he says:—*‘l will not conclude
without inviting the attention of your readers to
a cheap and easy method of preserving their feet
from wit, and their hoots from wear. I have on
ly had three pair of hoots for the last six years,
(no shoes) and I think that I shall not require
any others for the next six years to come ! Th !
reason is that 1 ticat them in the following man- :
tier;—l put a pound ol tallow and half a pound j
rosin into a pot on the fire ; when melted and !
mixed, I warm the hoots and apply the hot stuff!
with a painter’s brush, until neither the sole nor 1
upper leathers will sink in any more. If it is de- |
sired that the hoots should immediately take a I
polish, dis olve an mince of bees’wax in an ounce i
of spirits of turpentine, to which add a teaspoon- i
lul of lamp-black. A day or two after the bools ■
have been treated with the tallow and rosin, mb
over them the wax in turpentine, but not before
| the fire. Thus the exterior will have a coat of
wax, alone, and shine like a mirror. Tallow, or
any other grease, becomes rancid, and rots the
stitching ns well ns the leather; hut the rosin ;
gi'es it an antiseptic quality which preserves the i
whole. Hoots or shoes should he so large as to i
admit of wearing in them cork soles. Cork is so j
bad a conductor of heat, that with it in the boot, !
the feet arc always warm on the coldest stone
tloor.”
.Messrs. Editors : I have tried the experiment,
and lam satisfied that all stated in the above ex
tract is true. Deeming it selfish to keep this val
uable receipt to myself, I sci.d-il to you, that all
may benefit by it these hard times. M.
Mr. Buckingham the Oriental Traveler, is lec-
I luring in Honland, Me.
j *
M A R K I E D,
At Belair, on the 23d instant, Mr. George B.
Read, of New Vork, to Miss I mma Rfo.ml,
yonh ;ost daughter of George M. VVa.ker, Esq., of
Richmond county.
On Sunday evening, 25th instant, by- Joseph
Burch, Esq.. Mr. Hi » ht Wiggins to Miss Eliza
beth C. \\ olfe, all of this county.
Consignees per South Caioiit a Tail Head,
t ahburo, November 25, 1839.
E. T. Cook; G. Robertson; C. J. Cook; Sto
vall, S minons & Co., B. Johnson; Gould &
Uulklcy; Ralhhoiie Baker; Scranton & Smith;
T. S. & G.H. Metcalf; I. S. Beers & Co.; Fra
ser & VV.; J. Davidson; T. J. Parinelec; S.Knee
land & Son; E. D. Cook; F. Lamback; J. Ros
sean; D’Antignac & Hill; Dr. L. D. Ford; T.
Dawson; VV. & J. Nelson; W. Robertson; E
U. Mosely; Kirkpa rick & Co.; J. M. Coopei &
Son; Rees <Sc Beall; J. Sharp; A. Frederick. A.
Hutchinson; VV. ri. Hattier; H. VV. Force &
Co.; C. U. Hitt; C. Roll; Havil.md, Risley &
Co.; Earl & i o.; G. Wuiker; J. F. Henson- Ma
her <V Rooney; Dickson & Storr; H. R. Cook
Jeffers & Uoulwaic; 1. Levy; Kernaghan & VV..
G. Tar id.
-> -J'
■■■LJ . 1 ■ J . "■■■_ ”J -f
COMMERCIAL.
Latent dales from Liverpool, Oct. 19
Latest dates from Havre Oct. 15
Savannah, Nov. 22.
Cotton —Arrived since the loth inst. 2061 bales
Upland, and 3h bales S 1 cotton, and cleared at
the same time 3160 bales Upland, and 76 bales
8 1 cotton; leaving a stock on hand, inclusive of
all shipboard not cleared on the 22d inst., of 3133
bales Upland, and 46 bales S 1 cotton, 'there has
been a steady demai d for Upland since our last re
port, and during toe last two days, an advance of
b ajc in the belief qualities has been paid. The
sales comprise z 776 bares,as follows : Oat 9;56 at
»i ; 22 at Os; 20) at 0 1 ; 391 at 10 ; 40 at 10$ ;
362 at It f ; 141 at lug; 666 at lUj ; 141 at III#;
673 at
there has been sold 3 bags at
37^.
nice —ln this article there has been a good de
mand throughout the week, and the sales will
reach about 700 casks at $3.
Corn. —ls selling from store at 86 a 96c, in quan
tities to suit purchasers.
Flour. —Saks of 200 Lbls. Howard street at
a >■; 400 bbls Virginia we understand sold at 7£ —
BtccU moderate.
Hoy. —ls selling on the wharf at 68 a 76c.
Lx change. —On Kngland, nominal. Drafts on
New York, at 60 days, la IJc per cent discount;
30 days, 4 a 6 per cent premium; 5 days sight, 8
per rent prern; at sight, 9 per cent premium.
Freights. —To Liverpool id dull; N.York 75c.
per ba.e.
STATEMENT 0E COTTON, NOV. 22.
Uplands. S. I.
Stock on hand Ist Oct. 1623 118
Deceived this week, 2961 38
do. previously, 7701 66
12186 212
Exported this week, 3169 76
L’o. pr.viuusly, 6883 90 9G62 166
Stock on hand, including all on ship
board not ' cared on 22d Nov. 3133 46
.— 1 "■ —' ■
MARIA E INTELLIGENCE.
Savannah, Nov. 23.
Arrived yesterday —Ship Newark,Soullard,New
Yo.k; steamboat Uer.eral Ujrnch, Jirooks, Black
reek.
Sailed —Ship New Jersey, Dickson, Liverpool.
Charleston, Nov. 25.
Arrived on Saturday —('. 1. I rig liucnos Ayres,
tuart. New York; I . L. brig Lawrence, » obb,
New York; schr Uregon, Meldrum, Wilmington;
sclrr Hold Commander, Wing, Middletown.
Arrived yesterday —Ship St. Lawrence, Bunker,
New Vo.k; U. 8. 6.ail schr Thames, Griffith, Key
West, via Indian Key; schr John Kstell, Ree,Rich
mond, V a.
Cleared —Line brigCalharinc,Delano,Baltimore;
U. L. brig Still Ivan, Brown, New York; brig Frank- i
in, Baxter, Boston; schr Elizabeth, Tlnarn, Ha
vana.
: ' " —I
(ffl’A. IVERSON is now prepared to resume his
rofessional duties as a Teacher of Music. Or
ders left at T. 11. Plant’s book store, or at Mrs.
Carnptield’s boarding house, will be promptly at
tended to nov 26
(p- EXCHANGE ON NEW YORK— At sight,
and at one to twenty days sight. For sale by
nov 23 GARDELLE & RHIND.
(X_) Or. HOOK having removed t) the city, of •
fers his'professional services to the citizens. He
can te found at his residence below the Eagle &
Phoenix Hotel, Phinizy’s white building,
nov 23 3t
A REAL BLESSING TO MOTHERS.
Dll IV EVANS ’ CELEBRATED SOOTHING
SYRUD. for Child/ cn Cutting their Teeth.-- This
nfal iblc remedy has preserved hundreds of chil
dren, when thought past recovery, from convul
sions As soon as tire Syrup is rubbed on the
gums, the child will recover. The preparation is
so innocent, so efficacious and so pleasant, that no
child wi.l refuse to let its gums be rubbed withii.
U hen infants arc at tire age of four months, though
there is no appearance of teeth, one bottle of the
Syrup should bo used on the gums, to open the
pores. Parents should never be without the Syrup
in tire nursery where there are young children; for
if a child wakes in the night with pain in the gums,
the Syrup immediately gives case, by opening the
pores ; nd healing the gums ; thereby preventing
convulsions, fevers, &c. Sold only at Dr. IVm.
Evans' Medical Office, 100 Chatham street, New
York, where the toctor may be consulted on all
diseases of children.
PROOF POSITIVE Oh' THE EFFICACY OF
Dr. EVANS’ SOOTHING SYRUP.—To the Agent
of Dr. Evans' B athing Syrup: Dear Sir—Che
g.eat benefit afforded to my suffering infant by
your Soothing Syrup, in a case of protracted and
painfu dentition, must convince every feeling pa
rent how essential an early application of such an
invaluable medicine is to relieve infant misery and
torture. My infant, when teething, experienced
such acute sufferings, that it was attacked witq
convulsions, and my wife and family s pposed that
death would soon release the babe from anguish.
I ill we procured a bottle of your Syrnp; whic h as
| soon as applied to the gums, a wonderful change
was produced, and after u few applications the
! ehnd displayed obvious relief, and by continuing in
i its use, I am glad to inform you the child has corn-
I plelely recovered, and no recurrence of that awful
1 complaint has since occurred; the teetlr are ema
! nntii g daily and tire child enjoys perfect health,
j 1 give you my i heerful permission to make this
; acknowledgment public, andwill gladly give any
information or. this circumsti nee.
WM. JOHNSON.
TOXIC FILLS. —The powerof Evans’Camomile
Pills are such, that the | alpitating heart,the trem
ulous hand, the dizzy eye, and the fluttering mind,
vanish belo.e their elier U like noxious vapors be
fore the benign inflnei.ee of the morning sun
They have long been successfully used for the cure
of intesmittent>. together with fevers of the irregu
lar nervous; kqjJ, accompanied with visceral ob
structions.
1 his tonic medicine is fo*.nervous complaints,
ercral dcbi.ii> . h digi stion and its consequences,
or want of appetite.distensionof thestomach. acid
ity. unpleasant lasie in tire mouth, rumbling noise
in lire t owcls. nervous symptoms, languor, when
the mind heroines irritable,despending, thoughtful,
me.and.o y, an.i dejected, iiypochondriucism, con
sumption, dimness of sight, delirium, and ail other
nervous alli-ctiulig, these pills will produce a safe
and |eimatientrme.
Evans' Camomile Pills were first introduced into
America in 1836.
EVANS' FAMILY APERIENT PILLS are
purely vegetable, composed with the strictest pre
cision of science and of art; they never produce
nausea, and arc warranted to cure the following
diseases which arise from impurities of the blood,
viz Apoplexy, unions Affections, Coughs, Colds,
Ulcerated Soi e Throats, Scarlet Fever, Asthma, Cho
lera. Liver Complaints, Diseases of the Kidnies and
Bladder, AJjeclions peculiar to Females, ai d all
those diseases ol wl atsoever kind to which human
nature is subject, where the stomach is affected.
More conclusive proofs of the extraordinary effi
racy of Dr. Wm. Evans' celebrated Camomile and
Aperient Anti-Bit,i us Pills, in alleviating afflicted
mankind.— Mr. Kobert Cameron, 101 Bowery.-
Drsease—Chronic Dysentery, or Bloody Flux-
Symptoms, unusual flatulency in the bowels, se
vere griping,frequent inclination to go to stool, tu
nusmus, loss of appetite, nausea, vomiting, ’fre
quency of pulse, and a frequent discharge of’a pe
culiar foetid matter mixed with blood great debility
sense of binning heat, with an intolerable bearing
down ol the parts. Mr. Cameron is enjoying per
fect health,and returns bis sincere thanks for the
extraordinary benefits be has received
Sold by ANTONY & HAINES,
x„ „ m „ Sole a g cn G in Augusta
n" «■**! HR, Savannah, ,
ii'A i CttRLN & Co., Charleston, ,
. HABP Ar ELLS, Milledgeville,
L. A. KLLS, Macon.
A. W. MARTIN, Forsyth
" m. H. VV ELLS, Druggist, Athens.
MARK A. LANE, Washington. i
July 23 6
* i
\ \ S\ \
, .W* Th « «j noJ of South Carolina and Georgia
will meet in the city of Augusta, Ga., on the 4th
1 hursdayo f November next, at half pastb - o'clock
LiL nov 19 d&wtd
CT We are authorized to announce WmTv
KERR, as a candidate for the office of She riff of
Richmond county, at the approaching election
oct 31 td
Op* w * are authorized to announce JAMES
McLA WS, Esq. as a candidate for the offices of
Cleric ol tire Superior and Inferior Courts of Rich
mond county, at the approaching election, oct 31
(O* We are authorized to announce ANDREW
MACLEAN, as a Candidate for Sheriff of Rich
mond county, at the ensuing election,
nov 13 td
TO THE VOTERS OF RICHMOND COUNTY
Fellow citizens:-! offer myself as a candU
date lor the office of Sheriff of Ric hmond county,
at the ensuing election, a „d respectfully solicit
your support. * J
. n "g |7 BENJ. BRANTLY.
O' We arc authorised to announce Mr. JOHN
C. SNEAD, as a candidate for the offices of Clerk of
the Superior and inferior Courts of Richmond
county, at the election to be held on the first Mon
day in January next. aUg , 9
aut,loiize( l announce WM. II
MAHARRi, as a candidate for Sheriff of Rich
mond county, at the approaching election a
nov 7 %
iO IV. G. NIMMO, General i ommission Mor
clrant, office on Mclntosh street, opposite thei’on
stilutionalist. nov 7
0O Hr • R- HARRIS oilers his services in the
practice of his profession to the citizens of Augus
ta and its vicinity Mis ages win receive prompt
attention if left at Iris drug stoie in Broad street or
at Iris residence in Ellis street, below Washing-
nov 7
Hr. W. EWING JOHNSTON, oli.ee Mcln
tosb street opposite the Constitutionalist, nov 13
C 3“ Doctor J. J, WILSON offers bis profes
sional services to tire citizens of Augusta and its
vicinity. He will be found at his residence, tire *
first brick building above Gnedron’s stable on Ellis
street, recently oeouj icd by John L. Adams.
r .-*"* l7 ts _
/ Hj al CARD. —Mr. BiciiAßLSjTcacfierof Draw
ing and Fainting, will resume his professional du
tjes in Augusta at an ear ly day. nov 7
(Tj MRS. INGR ..HAM would inform her fr iends
and customers that she will open on Monday next
! Bth inst., ai the store on Broad street recently oc
cupied by Mrs. Hoffman, a very rich stock ol
French, English, Italian, Swiss and American
Goods, selected with much care.and adapted to the
present and approaching season. Also, the latest
Parisian, English and American fashions for Mil i
ncry and Dress Making. 'I ho ladies in Augusta,
Hamburg, and from the country, are respectfully
invited to call. nov 15 d2lsw2w *
NOTICE. —The Rail Road Passenger Train,
between Charleston and Hamburg, will leave as
follows:
UPWARD.
Not to leave Charleston before 7 00 a m.
“ “ Summerville, “ - -S 30
“ “ Georges’, - “ - 10 00
“ “ Branchvillc, “ - 11 00
“ “ Midway, - “ - 11 30 m.
“ Blackville, - “ . 100 p. M
“ “ Aiken, - - “ . 3 0b
Arrive at Hamburgnotbefore - 409
DOWNWARD.
Not to leave Hamburg before 6 00 a m
“ “ Aiken, - “ - . 730
“ “ Blackville, “ - . 930
“ “ Midway, “ _ - 10 30
“ “ Branchville “ - - 11 pp
“ Georges’, “ - . i2.COm.
‘ “ Summerville,“ - . 2 fiti P . *
\ Arrive at Charleston not before 3CO I
* Distance—l36miles. Fare Through— $lO 00.
Speed not over 20 miles an hour. To remain 20 / |
minutes each, for breakfast and dinner, and not
longer than 6 minutes for wood and water at any
station.
To stop for passengers, when a white flag is
hoisted, at either of the above stations; and also at
Sineaths, Woodstock, Inabinet’s, 41 mile T. O.
Rives’, Grahams, Willcston, Windsor, Johnsons,
and Marsh’s T. O. 1
Passengers up will breakfast at Woodstock and
dine at Blackville; down, will breakfast at Aike
and dine at Summerville. may 21
INHE subscriber is prepared to make advances
on cottons shipped to iris friends in Liverpool.
He will also advance on cotton shipped to Charles
ton. (nov 21 1m) ADAM JOHNSTON.
DRAWING & PAINTING ACADEMY,
masonic hall.
ADDISON RICHARDS, Artist,respectfully
JL • apprises the community of Augusta, &c.,
that he will resume his classes in Drawing, paint
ing and Perspective, on the second Monday in De
cember. His rooms are now open to tire public
andwill remain so until that period, (De ember
9th.) Those who favor him with a visit will i.nd,
besides previous productions, a number of original
Oil Paintings of Landscape, Fruit, &c., executed
during the past summer. Also, many new Water
Color Drawings of Flowers and Landscapes, added
to which, a Port-folio oft.riginal Pencil and Tinted
Skct lies. In addition to this gallery of his own
productions, he has collected copies of the test
English and American Elementary Drawing Books
and Prints to be obtained in tire U nion, which must
prove a valuable auxiliary to pupils in theii studies
He gives instruction in Landscape, Fruit and
Marine Painting in Oil Colors; Landscape and Flow
er Drawing iu Water Colors; l-epia and Indian
Tinting; Pencil Drawing and Perspective.
A Night Class, fur the tuition of gentlemen, com
mences also on the 9th of Decern I er.
N. B.—Mr. R. will make sfetihes of Bin dings
and Landscape i cenery, Drawii gs of Patents, paint
Military and < ivic Banners, ac. I.e will aso
supply all orders for Portrait and Picture P rimes,
u av 23 ts
TURNING* CARVING, CAIiINET MA
KING AND REPAIRING.
JOHN VV. WALKER respectfully informs his
fr iends ar d tin pub ic, that he has removed a
short distance Iroin firs old stand, i c is still on
Ellis street, tire first iiouse from the south coiner
of Ellis and Campbell streets, near .fir. Duffy’s
cooper shop, and a short distance rom the theatre ;
and is prepared to lurn and Carve any and every
thing for Carpenters’ work. Ali kinds of Cabinet
Work ma le to order. All old P urniturc repaired
and cleanrd, in a superior manner. All kinds of
Musirai Instruments repaired—either musical or
lurnilure parts. A great many other things can be
repaired, from wood, brass, copper, silver and gold.
fie hopes his friends will not delay rn sending
their work as soon as possible,as he h. s been broke
up in business nearly four months and has a family
tuiLppurt.aiid houses to rent, and all from his own
labor; so he must have the cash when the work is
done.
Augusta, Nov. 23, 1539. 2md
RACES POSTPONED,
IN conscqucrii e of the recent afflictions upon the
city of Augusta, the proprietor s of the Lafay
ette Course deem it proper to postpone their annual
December meeting until the z7th of January next,
at which time fine sport may be expected.
Monday, 27th January, ( olt Make,
Tuesday, J. C. purse S4OO, 2 mile beats,
Wednesday, “ “ 700, 3 mile heats,
Thursday, « “ 1000, 4 mile heats,
Friday, “ “ 400, 1 best 3in 5.
nov 23
CTT'Dre Charleston Courier will copy the above
weekly till day.
4 CLOAK FOUNp.—A Camblet Cloak was
il. ibund about two months ago, at night, near
tire Beaver Dam ; it was not advertised sooner or/
account of the illness and absence from town o' 1
the tinder. The owner can have it by enquiring \
at this office and paying for the advertisement. I
nov 7 ,
DR. ANTONY, of Hamburg, having removed to '
Augusta, offers his professional services to ’r
the citizens of the dity and neighborhood. His of
fice, for the present, will be at the dwelling lately j
occupied by Doctor Milton Antony, on the North 1
corner of Green and Centre streets.
1 o the citizens of Hamburg, and adjoining coun- \
try, Dr. E. L’Roy Antony, feels it bis duty to re- I
turn his grateful acknowledements for Hie kind I
treatment he receivad during his long stay with
them, and hopes by future punctuality 10 merit a
continuation of the same. lir.trw