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WILLIAM E. JONES & Co. THE CHlto3ll* EE AM) SENTINEL PUBLISHED, DULY, TRI-WEEKLY, AND WEEKLY,. At No. Broad-street. terms: Dailj paper, Ten Dollars per annum, in advance- Tri-Weekly payer , at Six Dollars in advance or Sjven at the end of the year. Weskly paper, Three Dollarsin advance,or Four at the end of year. AND SENTINEL. A U G U STA. FRIDAY MORNING, NOVEMBER 29. We find in the Philadelphia Courier A En quirer of Monday, received last night, a large ta bular statement of the a Hairs of the United Slates Bank, which we did not have time to examine. From our Correspondent. Milledgeville, November 26, 1839. IN SENATE. Bills reported. —Mr. Batesfrom the joint com mittee on the Penitentiary—To revise, amend and consolidate the rules for the government and police of the Penitentiary of the Stale of Georgia. I am much pleased that the honorable commit bteo have perceived the glaring inefficiency of the present police and rules ol this institution, and think many of the suggestions made in the alter ations proposed, to be necessary anti wholesome. Mr Bryan, of Stewart —To authorize the Jus tices of the Inferior Court to elect < Jerks of the Court of Ordinary, in the several counties in this State. The President of the Senate laid upon the ta ble a communication from T. Haynes, Treasurer, submitting to that body the determination of the question of the liability to taxation of the bank ing stock of the Georgia R. R. & Bk. Company. The correspondence and question was referred to the judiciary committee. On motion of Mr. Lewis, the Senate concur red in the resolution appointing the Senator and Representatives from Baldwin county, ex olficio additional commissioners for the Lunatic Asylum. The Senate took up its special order to wit: l|ie bill to amend the several acts authorizing the construction of the Western & Atlantic Rail Rond. After various motions, and an animated discus ' sion during the morning and afternoon, the bill was laid on the table for the balance of the ses sion, by a majority of two—43 to 41. IN HOUSE OP REPRESENTATIVES., Bills introduced. — Mr. McDougald—To au thorize and require the Judge of the Superior Courts of the Chattahoochee Circuit, to hold ad journed terms of the Superior Courts for the counties of Talbot, Stewart, Randolph, Lee and Baker, in certain cases. Mr. Cleveland, from the select committee— To revise, amend and consolidate the rules for the overnment of the Penitentiary of the State of Georgia. Bills passed. —To authorize his excellency the Governor, to furnish the Jackson county Volun teers with amis, Ac. To remove and make permanent the site of the. public buildings in the county of Dooly. To prevent obstructions to the navigation and free passage of fish in Chattooga river, in the county of Chattooga. For the relief of Willis 11. Hughes and John W. Bossctt, from further liabilities as securities of John Simmons. Bills lost and Juncd. —To lay out and organ ize a now judicial circuit, and to reorganize the circuit. To amend the 26th section of the judiciary act of 1799, so far as regards stay of executions. This was Mr. Tarver’s extraordinary allevia tion law; and, had it have passed, would have been an indellible stigma upon Georgia’s (air es cutcheon. disgraceful to her Legislature, and ut terly ruinous to the credit of her numerous and highly honorable mercantile community. It was manfully fought for with a devotion worthy of a better cause by Tarver himself, and Mr. Stell of Stewart, but resulted a Waterloo defeat; the vole being for it 7, against it 157. To amend the acts incorporating the town of Brunswick. To appropriate a sura of money to put in good repair a road fiom Clayton, in Rabun county, to Blairsville in Union county. A bill was also introduced in the House, by the joint standing committee on the judiciary, to continue in force the act passed on thn 7lh De cember, 1812, entitled an act to amend and ex plain the 29th sect'on of the judiciary law of this State, and to require non-resident’s attorneys to pay costs in certain cases commenced by them. This bill is understood to bo introduced to make uniform the conflicting decisions of the va rious judicial circuits in relation to attorney's lia bilities, November 27. In the Senate to-day, the motion for the recon sideration of the action of the Senate on Mr. Dunagan’s bill (laying it on the table) in refer ence to the Western and Atlantic Rail Road, called out at some length Messrs. Bates, Crane, Kelly, Jones of Lee, Gordon, and Harris of War en. lam pained to hear avowed sentiments o State policy of so narrow and contracted a char acter, as some honorable gentlemen opposed to this great enterprizo have not blushed to maintain. 12 o’clock m. The Senate are yet discussing the motion for rcconsidejation. lam afraid that there will be a reconsideration. The efforts of those in favor of it are Herculean. P. S-—Mr. Cone, the poet, (member from Camden,) a man of much native humor, was enquired of this morning, when Col. Crane concluded his speech, “what he thought of him?” “More of a goose than a Crane,” he repbed. How to stop a Newspapeii. —A western paper says—“ Call at the office and fork up ar rearages, and order it stopped like a man ,- don’t refuse to take it out of the Post Office, and sneak away like a puppy." For the Chronicle 4- Sentinel. Messrs. Editors: — l have been looking with deep interest at the proceedings of our le gislature, in relation to our Banks; not that I am either stockholder or director in any of them, but that I considered their present position before the public as one of gieat importance to the people, and one that should he well looked into by our representatives. I, for one, believe that nil our solvent Banks should ho sustained for a time, a t least, in their suspension of specie payments; not that I would indulge them in such a course for their own benefit, but for the public good, and in allowing them to go on and do business under such circumstances, it becomes the duty of our representatives to lay all the guards around them for thn protection of the people, that the extraor dinary position of the Banks demands. The question will then present itself,what kind of pro. toction can bo given to tho public, more than al ready exists! I will make a few suggestions which have been presented to my mind by a long course of dealing with Banks and a general knowledge of their business operations in Augus ta, and elsewhere for many years past. If lam not greatly deceived in the operations that are, now going on by some of onr Banks, they cry aloud for the very things I will suggest. Why is it that so few persons in our commercial com munity can raise money to pay for cotton ? Why is it that some of our Bank Directors have recently become our most extensive cotton pur chasers? Are some of our little concerns ape ing the monster over which Nicholas presided, under the impression that they can carry out the plan better than ho did ? But to the point. I propose as a remedy for some of tho evils that now exist, and as preventatives of greater evils that may arise under tho suspension, that the Le gislature pass a law limiting the amount of issues during the time of suspension to tho amount of capital actually paid in. That the accounts or liabilities of all Bank Directors and Cashiers, or houses with which they arc connected in busi ness be limited to $ during the time of suspension. That all Banks be strictly and un equivocally prohibited from trading or dealing in produce or property of any kind. That a Board of Bank Commissioners bo appointed by tho Le gislature, wiiose duty it shall be to examine strictly into the affairs of every Bank in the State that has or may hereafter suspend, and that they publish in at least four of tho public Gazettes of the State, once in every three months, a true statement of the condition of each Bank; which statement shall he made tip and founded on their own personal examinations and not from any statement by the Bank or its ofiiccrs. This Board may consist of as many as may be thought ad visable or necessary to perform tho duites, hut not less than three shall be competent to make examination of any Bank; and it shall he the duty of all cashiers to facilialc said commission ers in such examination, and on the refusal of any Cashier or Board of Directors to allow such ex amination to be made, it shall be deemed and ta ken as a violation of the charter of the Bank so refusing, and the Attorney General of the circuit shall forthwith issue a scire facias against said Bank, on notice being given by the commission ers of such a refusal, or take such other measures as will compel said Bank to close and discontin ue business. It may bo, and will bo said by all those in favor of allowing the Banks or their di rectors to do just what they please, that such a hoard of commissioners is unnecessary. I agree that in ordinary tim s it might not he absolutely necessary, but even then it would do no harm.— But I contend thatthe present is an extraordina ry time, and calls for extra Legislation to meet the emergency. Why have our Banks suspen ded! The answer must be that it was to meet an extraordinaiy demand for specie, and to protect themselves they resorted to the measure, relying on the good sense of the people and the necessity of the case to sustain them in the violation of their promises. I then call on our Legislature to pa-s such laws as will protect the people from imposi tion and cause the Banks to lend their aid to the commercial community, and not confine the loans to a little clan of Bank directors. If our Banks are, as many believe, refusing to regular business men, lest they bring competi tion into the cotton market, and thereby increase the price so that they themselves cannot shave the planters. Bo this as it may, it is well known to business men that the Banks have it in their power, during the suspension, to withhold facili ties from the commercial community, and enter the market themselves, and monopolize the cotton crop at extreme low prices. And to avoid such a contingency, I hope our Legislature will adopt some plan such as 1 have suggested, or some oth er, so that the Banks may be restrained and kept within proper bounds. If it be said that there is no danger, I would reply that no Bank under the management of an honest hoard will object to the proposed restraints, as it will not interfere with anv regular or proper business of Banking. And moreover it will give confidence to the public in AUGUSTA, Ga. SATURDAY MORNING, NOVEMBER 30, 1839. r the stability of our Banks, that arc properly and I'.iithlully managed, and enable the people to judge i what Banks ought to circulate, and which ought s to be put down. PUBLICO. From the New I ork Times, Arrival ol' the ISritlmli Queen. TEN DATS LATER FROM ENGLAND. The Magnificent steam ship British Queen, Lieut. Richard Roberts, R. N., commander, arri ved on Saturday evening a little after 8 o’clock.— She was telegraphed about 5 o’clock, P. M„ and groat anxiety was manifested by our citizens for the news. The British Queen left London on the Ist hist, and Portsmouth on the morning of the 4th, bring ing letters and tiles of newspapers from each place to the day of sailing. Her long passage is main ly attributable to her having taken a southern route. Neither the steamer Liverpool nor tho packet snip Wellington had arrived when the British Queen sailed; of course the Bank suspensions wete not known in England, I he news by the British Queen will he found remarkably interesting. She brings out 180 pas sengers. The money market was without much variation British stocks were about tho same us per lastad viees. The continental exchanges were without alteration, merchants bills were scarce, and the Bank of Lngland had exhausted the two millions negotiated with the Bank ol France. Efforts were making to extend the accommodation with tho Bank ol Fiance to four millions. I ho Cotton Market was considerably depress ed. Tho sales of the week closing Oct. 26, amounted to 24,500 bales, including 500 Ameri can, on speculation, and 3,300 American and 150 Surat, for exportation. A decline, during the week, had taken place in prices of l-8d to l-4d per Hi. in the common and middling qualities ; and l-4d to 3-4 d per lb. in the better qualities. See Commercial Correspondence dj-c. The Corn Market continued well supplied with foreign grain. The arrivals at London of foreign wheat, for tho week ending Nov. Ist, were 19,882 quarters. The harvesting throughout Great Bri tain was about completed, and although tho crop was better than anticipated, yet it did not amount to an average. American securities are not the least dealt in. A London paper says: “This is caused by the unsettled slate of commercial affairs between the two countries;” little faith is placed in any of the bonds offered here for sale, and it is not prob able any tiling will bo dona in any description till the turn ol the year. Jt is then to be hoped, if the dividends ajo regularly and punctually paid, prejudice will give way to sound and honest judgment. There appears to be little doubt that Queen \ ictoria has resolved to bestow her hand on Triiico Albert, ol Saxe Coburg, who has for some time been her majesty’s guest. Her intention will, it is said, bo announced to Parliament when it rc-assemblcs, in December. Rumor says the espousals will take place in April. The Hon. Daniel Webster was in Paris on the 24 lb of October. There have been several shocks of earthquakes in Scotland, particularly in Perthshire. The peo ple were dreadfully alarmed. An attack was made up-.. ‘L. King ot the French, tiic aOth ultimo, by a maniac named Stephanie Girault, who threw a stone into the royal carriage, and was immediately apprehended. Mr. Wheaton, agent of the United States, has obtained an important concession from the Con gress of .German Customs. They have granted a reduction of duly on the principal article ofim port from the United States—which we naturally conclude to be cotton. A Battle in India. — The Dethronement of the Rajah. Su/lara—Siege and Capture of Chnznte. —J he English papers are full of exul tation, in consequence of news from Bombay, in relation to the British possessions in India, inclu ding the dethronement of tho Rajah of Sattara. On the 23d of June, the British artillery opened a tremendous lire upon the citadel of Ghuznec, which, garrisoned by 3,590 Afghans, and com manded by a son of the Ex-King of Cabool, was speedily captured. SUO of the garrison were slain, and the rest taken prisoners. The Br : tl. h lost 191 in killed, wounded, and missing. The effect of this victory was the dispersion of Dost Mahomed’s army, and the peaceable entrance of Shah Soojah into tho capital of his dominions. Paris papers state that eighty-nine failures oc curred in Paris during the month of September, for sums exceeding; in the whole, 6,300,000 francs. In October, the number of bankrupts would not be much inferior, for on the 23d, it already amoun ted to seventy, whose debts were estimated at J," 600,000 francs. MONTHLY STATEMENT OF HANK OF ENGLAND. Liabilities. Assets. Circulat on, 17,612,090 I Securities, 24,939,000 Deposits, 6,734,000 | Bullion, 2,525,000 £24,346,000 £27,464,000 OTHER HANK CIRCULATIONS. Private Bunks, £6,517,657 Joint Stock Banks, 4,167,313 Foreign stocks of every description in London, were at a low ebb. Nothing of importance doing in any of them. One of tljo English papers stales that little or no more specie can bo expected from France. The following is an extract from Ike London Correspondent of the New Y’ork Courier and Enquirer, of the date of Nov. let. 'Flic position of the Bank of England, is there- j tbre at this period, one of a very pecarious de scription; a suspension of cas i payments being almost certain under any circumstances, and this being at once precipitated by the operations of thejoint stock hanks. The negotiations for a recognition by England of the independence of Texas have failed for the present, in consequence of the inability of Col. Henderson to this government on the question of slaves, which Mr. O’Connol and Messrs, Sturgis and Scoblo have been so ignorantly meddling with for some time past. Mr. Kennedy, a gen tleman who has traveled in Texas, is explaining, with the greatest ability, in the Morning Chron icle. the true state of the new country in all its relations;-and the writings of this enlightened gentleman will soon remove the effect of the vio lent and vulgar railings of O’Connell, and good natured. but contracted and senseless lec tures and letters of Messrs. Scohle and Sturgis. The accounts from the manufacturing districts ' are generally gloomy—for the scarcity of money i and the falling off in the export trade—causes a strong belief that the cotton mills will not be worked for more than three days of the week of the ensuing winter months.—Cotton after decli-i ning about £d since the departure of the Groat Western, has recovered about |d per lb, the market at Liverpool yesterday having been bus- ! tainod, and tho sales 5900 bales. This improve ment in the market has been unexpected, and no J ij confidence in its continuance is expressed in the i | letters from the hugest houses engaged in the 1 trade. From Hu: Norfolk Beacon, From Bermuda.— Wo arc indebted to a com mercial house in this place for tiles of the Ber muda Royal Gazette ;o the 29th ult., which we have looked over, and gather the following items: The American schooner Triumph, Captain Burnham, out seven days from Boston, hound to fc>t. Domingo, with an assorted cargo of provi sions and lumber, struck on the rocks to the north of Bermuda, about 10 o’clock on Saturday night last, and was compelled to throw over her deck load, consisting of 3<>,000 feet of lumber. Through assistance from the shore she was got oil on the following morning, and taken into St. Georges. The slave schr. Clara had arrived at Bermuda from New Vork, and placed in the Court of Ad miralty to be dealt with as a pirate. The Gazette mentions that the American Re gisters found on board of the prizes made by the British cruizers are said to be obtained from Mr. i rist, at Havana, and that a greater number of slave vessels are now building in Baltimore than were ever known before. The Gazette seems unwilling to admit that the crop in England is as short as it is represented to bo in the papers of the United States. 'The intelligence of the suspension of the Phil adelphia and Baltimore banks, and the termina tion of the war in Spain was published in an extra from the Royal Gazette on the 261 h ult. The health of the Island was good. Nothing of commercial or general importance stirrin< r on the 27(h. Report (f the Commissioners appointed by authority of the Legislature, on the subject of the Slate Finances — Continued. It remains in toe discharge of the duty assign ed, to suggest a system of finance in terms of the resolution, with a view to the means which arc necessary to sustain, 1. A system of public education ; 3. The ordinary expenses of the Government and the public works. The subject is presented in this divided aspect from a belief that various considerations concur to recommend a separation of the fund which is applicable to the purposes of public education, from all the other funds of the iStatc. The Legislature has heretofore made liberal provisions for the purposes of education, by set ting apart funds to be exclusively devoted to that object; but intermingled as they were with the other funds of the State, they have failed to be appropriated to their legitimate purpose. Even in the course of the present year, wo have seen that the poor schools have been compelled to yield their claim to a fund legitimately their own, the resources of the Central Bank, which were ap plicable to that object, having been applied to the more pressing exigencies of the Government. If public education bo, os wo believe it is, among the first duties of a free people, the fund which is applicable to it should beheld sacred and inviolable. We hope this result will bo attained by the provision proposed. Again, common schools sustained by the une (innl nnn,nl>..,,nn. -I tV,.. t.rw.r mr.,l 11|„ rif.ll. (|u i,, cases of general taxation, applicable to this object, arc, however unwise the feeling, revolting lo’tlru pride of the pupils, and perhaps still more so to that ol the parents. Institutions lor this purpose which are sustained by the equal contributions of all the citizens, without regard to their compara tive poverty or wealth, will place all the children of the republic who may be educated in them, on that fooling of perfect equality, in which the Con stitution does, and the la ws should place them. These considerations connected with that of the facility with which the contribution necessary for this purpose, small as it will bo for each indi vidual, may from time to time lie graduated to suit the actual wants ol the State, lor the purpose to which it is applied, have influenced the under signed to recommend this separation, and still further to suggest the propriety of applying this separated fund exclusively to the support of com mon schools. The lime has arrived when carrying out the, spirit of the resolution under which we are acting this appeal is to lie made to the people, in tin cause of education, and ample and ellicicnt means provided to sustain it, us in the present ago it should be sustained. Education is the second great object for which the Legislature desires to provide “ample and effi cient means” To enlarge upon its importance would seem to he unnecessary. 'The very reso lution by which this commission was created, is evidence of tire deep solicitude fell by I lie people for the promotion of knowledge and virtue in their children. Ignorance and vice accompany each other with almost the uniformity of cause and effect; and as vice can be restrained by force alone, and by the arm of power, vice ami liberty can never long co exist. With this truth, all experience concurs. 'The foundets of our Republic were sensible ol it, and made early provision for tbe endowment of an University, and of County Academies; but unhappily the provisions made from time to time for these objects, have not produced all the good that might have been expected. This is clearly attributed to the hitherto unsettled state of our internal affairs, and the consequent want of sys tem, and economy, in the application of the funds set apart for tbe purposes ol public education. But tile University, and the county academies, though worthy of all the attention and support they have hitherto received from the State, and of j yet much more, from only a part, and indeed a small part, of a system ofpublic education, design ed to extend its enlightening influence to the whole body of the people. Common schools are indispensable to thisend; and hitherto the Stale has not only been without any system of common schools, but hasaclually neglected to provide adequate means for their support, should a system bo devised suitable to oar condition. It is true that this matter has not iieen entirely neglected, but the inadequacy of the provision has in elfect rendered all our efforts in this way inefficient. By examination at the Treasury office, it is | seen that there have been paid in support of poor schools for llio last five years, but an annual aver age of seventeen thousand four hundred and i eighteen dollars, and for the support of county academies, for the same time, an average of nine teen thousand, three hundred and fifty-two dol lars; which together amount to but thirty-six thousand seven hundred an 1 soventy-dollars, a sum scarcely half equal to the support of common schools alone. We also by tbe same means learn that there can be no certain calculation made up on the sum, small as it is, applicable to this fun pose; ami that in the short period above stated,fit has twice varied more than two ninths of the whole. The same is true of the academic turn). The effect of this irregularity in the amount re ceivable, superadded to its inadequacy to the pur pose designed, has been tbe almost total loss of e the appropriations, and so it must continue to be, e until the State shall provide ample means, that may be certainly depended upon, to sustain an cnlaigcd system ol public education, in common schools. The wisdom of that policy by which - , e k [ate deprived herself of such means from her _ domain, is not now to he called in question. 'The 0 P° ’ lc “‘'main has been distributed among her cit : j 2 ® llß , to whom it remains to carry out the policy, 1 lts principle is, that capital in the hands of the j P co l‘ ,e c “ n h® more profitably employed, than in the hands o( the Government; that the public do ) mn,n 13 *he common properly of the citizens, from , whom no more should be taken or withhold by the (lovornment, than is necessary for its wants ; and that to them a successful appeal may always i h® made, for whatever shall be made, for whatever shall be needed in a just and wise administration of Government. Public education may bo considered with refer ence, 1. To the University ami the Colleges; 2. I o the County Academies; 3. To the Common Schools. Lach ol these, although parts of the same great . whole, have distinct operations, and should have distinct provision made for them ; all of which,' in the opinion of tho undersigned, should, as has been bclore intimated, be separated from, and in dependent ol the other financial concerns of the State. or THE university and the coheres. The undersigned arc required by the resolution to recommend an ample and efficient provision for these great agents in the cause ofpublic edu cation. They have seen with regret tho difficul ties which these institutions have been constrain ed to encounter, and the restricted course of in struction, to which from their limited means they are obliged to confine themselves. Unquestiona bly they havedone, and arc doing much good. A certain degree of instruction has by their instru mentality been communicated to many who would otherwise have been without it; and there are those in your honorable body, who will hear willing testimony to their merits, who afford in their own persons abundant evidence of the bene fits which these institutions have conferred upon the State. The good which they have done, with means thus limited, is an earnest of the greater good which they would accomplish, if those moans were enlarged. As at present constituted, they occupy an intermediate station between o school or academy of the higher order, and a col lege; possessing some means of instruction which are not generally to bo found in the former, but at the same time without many which legitimate ly belong to the latter. If the course of public education in Georgia is, as the resolution contem plates, to keep pace with the spirit of the age, this state of things cannot be permitted to continue. The States n( this confederacy, catching tbe spirit which is rife among the nations of the earth, and imparting to it no small portion of their own, arc eagerly engaged in the pursuit of science, and in the cultivation of the liberal and useful arts. They are our neighbors, and have hitherto been our companions; but their march is onward, and with increasing rapidity. We, too, must quicken our exertions, or be content to contemplate their ad vance, while we finger in the rear. It is desirable that our youth should be educated within the lim its oflhe State. It is desirable that within those limits they should be enabled to receive a course of-inetruotton nn oxion«l«ll uu «l\n I>C ObtlliflCd jII any other State of tho Union. They should bo thus qualified for tho guardianship of our domes tic concerns, and fitted to compote with the lore most, in the councils of the nation. 7’bis i* es pecially true of our State University. More than fifty years have passed away since tho wise and beneficent act which created this institution, re ceived the Legislature sanction. The spirit in which it was conceived, as well as the language in which it was expressed, were alike worthy of a free and enlightened people. It will compare advantageously with the similar legislation of any nation of the world. But what did its framers contemplate ? Most certainly, a University, in its proper sense—“a universal school, in which are taught all branches of learning,” for the instruc tion of our youth, within the limits of our own Slate. (To he continued.) From the Louisville Journal. Some very amusing things occurred in the Tennessee Senate while tire Instructing Resolu tions wc under consideration, in liou of tho sec ond resolution, instructing the Tennessee Sena tors to vote in favor ot the sub-treurury, Mr. An derson, a Whig, offered the following amend ment: Resolved, That u corporation is much safer than any individual agent, however responsible he may be, because it consists of an association of individuals who have thrown together llicir ag gregate wealth, and who arc bound in their cor porate character to the extent of their vs hole capi tal stock for the deposit; and that it is tho opin ion of this General Assembly that the heaviest security which the most wealthy individual could give, would not make tho public deposits sale at the point of a largo collection. The beauty of this resolution was, that it was in the precise words used by Gov. Polk while he was in Congress. Os course his partisans in the Tennessee Senate could not vole against it, and, as to voting for it, that was of course out of the question. “Let’s lay it upon the table,” exclaim ed a Mr. Yoakum, alter musinga while upon lire difficulty. His friends caught at the suggestion, and with sheepish looks laid the amendment on the table. Mr. Anderson then moved to amend the sec ond resolution by inserting the following; Resolved, That we have confidence in the ability and capacity of the State Bunks to per form all the duties of fiscal agents for the govern ment. This was in the precise language used by President Jacl,son in one of bis Messages, and so the idea of voting against it was not to be enter tained by tbe loeofocosfor a moment. “Let's lay it upon the table,” suggested by Mr, Yoakum.— The lokies knew not what else to do, and there fore they sneakingly disposed of Gen. Jackson's words as they bad previously disposed of Mr. Polk's. The same Mr. Anderson, with provoking calm ness, then moved the following amendment in lieu of the resolution instructing the Tennessee Senators to vole fin the sub-treasury. Resolved, That the Independent Treasury is disorganizing and revolutionary, and subversive of tho fundamental principles of our government, and of its entire practice from 1789 down to ibis i day; and that it is as palpable as tire sun that tbe effect of the scheme would be to bring the public treasury much nearer the actual custody ami con trol of the President, and expose it to be plund ered by a hundred bands, where one under the late system could not reach it. In such event we should feel that the people had just cause for alarm, and ought to give their most watchful at tention to such an effort to enlarge executive power, and put in its hand tire means of corrup tion, ( You. III.—No. 117 This was tlio precise language used liy the VV H ' n t,lu sub-treasury was first proposed 100 ”T; Hint upon Stable 'J'li’cm » a ' d I Mr " loakam w i'l> n blank look, hidimr^h. n ® othcr . cour ? c ‘o bo lakrn, and so „., vp .1. ° ,r f,, 1 ( ’ ( ' H . ln their handkerchicfa, they that t ev b«T deSt ! nation t 0 1,10 Globe '« words, PreVloUß, y to Polk’s and c»wi,™*7r n r,-» From the Globe. Os the Governments of South America, as now organized, w e present to our readers the following list of Presidents: Mexico, General Bustamente. Guatamaln, Their Republic is broken up into ns many independent States ns there were for merly provinces. The con ,, federation is dissolved. New Granada, Or. Marques. Venezuela, General Paez. Ecuador, General Flores. ® rozl '» Don Pedro 11., Emperor During bis minority the Empire is administered by a Regent. Buenos Ayres, General Rosas. Uruguay, General Rivers. : ‘‘‘jh General Prieto. Bidivia, General Velasco, 1 ~ru ’ General Gamarra. Wo peieeive that a loco-foco paper in Tennes sec is making a parade of the personal courage of Mr. 1 oik. Mr. P's. friends ought to be a little modest upon that one subject. When Mr. Wise, in the rotunda oftho capital, took him by the arm and hissed a mortal insult into his ear, that insult awoke not in his breast tho slightest spirit of re "eminent. It would have turned the blood of any high-sotiled man to flame, but it had no power to ullcct the miserable Volk juice percolating thro’ the veins of “ Mr. .Speaker .’’—Louisville Jour. Dr. Wolfred Nelson, who figured in tho Can ada troubles, is pursuing bis piofession at Plults hurg, N. Y. married, On Thursday the 28th instant, by the Rev. Mr. Bowman, Col. (.f.orof, (.. Mathews, of Grcens boro, to Mrs. Caroline 3i Rnr6obtl>,of tliis city. Consignees per South Carolina Hall Uoad. lIAMOTiao, November 28, 183 P. Hand <Sr, Scranton; Russell, Hutchinson & Co. W. E. Jackson; Clarke, McTeir & Co.; A. Fred erick; Scranton <A Smith; Hciitly & Met lord; S. Knecland & Son; Nicols & G.; Moore & Davis; Wright, Hull <Sc Co.; P. Lambnck; Baird & Row land; .1. If. Guieu; T. Dawson; T. .1 Wray; Sto vall, Simmons & Co.; P. Carrie; R. F. Poe; Gould <St Hulk ley; H. C. Bryson it Co,; Geo. R. Jessup: Hungerford, Frisbie & Co ; E. D. Cook. W. K. Kitchen; G. T. Dortic; Jcllcrs & Boul wure; J. Usher; O. Parrott; Bolling & H.: H. R. Cook; Ainlerßon.Sc Young; .1. F. Benson. COMMERCIAL. Laical dales from Liverpool, Nov. I Luteal dates from Havre Oct. 31 Liverpool, Nov. 1. Our fast circular was under date of 18tii ult. per the (treat Western, for a week subsequently (he demand for cotton continued steady and the sales amounted to 24,500 bales, 3,500 of it forexpoit but the quantity offering was more than adequate to supply the demand, and in consequence prices further declined {d per lb. In tbe piescnt week, however, the business has been more extensive, and fur the last three or lour days Im.ders have not ottered tlicir stocks so freely, which bus given firm, ness to Hie market, and the decline of last weak lias been partially recovered,so that prices are now about t, per 10 below those of the 18th ult., and we quote fair qualities 0,; a 7d per lb. The business for the week ended to-day, amounts to 27,800 bales—of which 0,200 aro Upland, atsj a 8d; 10,730 Orleans at Oj a Bj, with 20 at 9*; (j,B:io Alabama and Mobile at Ijj a 7A, and 100 S. Island at 18 a 3(id per lb. About 4000 bales have been taken on speculation, and 3,200 for export. The accounts of trade at Manchester and other manufacturing towns are still extremely gloomy; some faihnes of spinners have o curred and more are apprehended,w hile the system of working short time appears to he again extending amongst them. If therefore we had not had the benefit of this con tinned export demand, and the buying on specula tion by houses connected with the continental trade, (to whom the spec illative purchases seem to have been chiefly confined,)our market would pro bably bavc been in a much move depressed state, for these operations bavc doubtless inspired some of the consumers with confidence to buy more freely. The possibility too of supplies of the new crop from the U. States,being retarded loan important extent, as well as the accounts of its being again a short one, have an influence in counteracting the effect of the discouraging state of the trade and con traction of the money circulation The import into Liverpool, since the Ist January, has been 947,000 bales,against 1,278,000 in the first fen months of last year; the supply from the U. Btates has been 755,000, being a decrease of 290,000 bales. Tbe stock in Ibis port is estimated at 337,000 hales, against 422,000 on the Ist November last season; the stock of American is about 304,000, being a de crease of 30,000 bales. The Corn markets arc rather advancing, and Flour is in fair demand at 40s a 42s per bbl duty paid; but the duty is now 10s per bbl and likely to be 12s 5d in two or three weeks. From the low prices of the inferior new wheat there is every probability of the duties remaining high. Havre, Oct. 31. Cotton. —Business since tbe departure of the last packet has been on a slender scale, owing >o the unfavorable advices from Kngland, and also from our manufacturing districts, where the continued state of trade tends materially tu depress down the prices of goods. Buyers consequently having no inducement to conic boldly into the market, having confined their operations strictly to satisfy daily wants, beyond which they have evinced no desire toad.anec. Nothing worth pirticular notice has therefore taken place this week, ami although pri ces have occasionally inclined rather downwards, the fluctuations upon the whole cannot be consider ed as sufficiently important to establish any defini tive reduction. The sales for some days past have been nominal than otherwise. Luring this month tho imp irliitions of cotton have amounted to 74(51 hales, and the sales to 21,700 bales, showing a re duction in our stock; the decline in United States si rts, within this period, has been from 2fa3f. By a glance at the, tabular statement below, of the movement in our market, from Ist January to thu present day, for the last nine years, it will be seen that the outgoings this year have averaged montl ly 19,490ba1e5, (of which 10,789 bales United States) against 25,733 bales (or 24,045 bales United States) ill 1838, and 22,000 bales (say 19,22fi bales United States) in 1837. The packet ship of Btb inst. has not yet arrived, being kept out by adverse winds. In a few days we shall look for New York dales to 19th hist, by the Liverpool steamer via Kngland, which vessel is anxiously expected. The sales from 23d to 31st are—2 194 bales New Orleans at 85 a 111 f.; 226 Mobile 92 a 1)7 I. 50; 970 Upland 90 a 108 f; 83 Florida 97 a I00f; 45 St. Domingo, 94f 135 Pernambnbo, 130a 182. Total, 3953 bales.