Newspaper Page Text
MACON, GA.
Thursday, November 26,1857.
The office of the State Pre* is ox
Cottos Avenue is the ii"keo.' ti.y oc
cupied by Mb. Jacksox’ Bxr:-i.'.
Don't fail to read th various advertisi ■
nielits on the first, third, and fourth pages of
to-day’s paper.
BANK )F MIDDLE 010RGIA.
This is one of the few Banks in the State that
has stood firm during the crisis. At the out
set, it- President avowed the intention /od M
and true to the promi . it Im* weath
ered the storm and continued t* pay specie.
By thus honestly comply ing with it < ontrai t
by resisting the teniptatue ■ of- . p nsion, and
refusing to follow the cx.imp! of other Banks
—it has given cvi'leii'-■ . .'!"':>?■■ tabli-he 1 mi
a basis of silver and old. an. thereby > 0111
mended itself to th coiiti-e and patronage
of the people. Notwithstanding our opp'-i
turn to the Banking sy item in general, m < can
not but admire the honorable <■ •ursetlo- Bank
has pursued, an 1 therefore we rhe rfully give
"honor to whom lion >r is due."
BILL TO REMODEL THE CONGRESSIONAL DIS
TRICTS.
It will be seen by reference to our Milledgeville
letter, that Mr. Lockett, of this county, lias
idfroduced a Bill, proposing certain changv
in the present division of the State ii to Con
gressional Districts.
It proposes to change thisthe (the Third dis
trict) ns follows:
To place Talbot County in the 2nd District,
and Harris Comity in the Fourth—and in their
stead to give us the counties of Twiggs and
Pulaski.
This would diminish the Denio ratio major
ity in the 2nd District, Bid votes (Mr. Trippi's
majority in Talbot,) and 257 votes (Mr. Crau
ford's majority in Pulaski) —making a total of
390 votes to be subtracted from 1755 votes,
which was Crawford’s majority over Flam.
Tims leaving a Democratic asceii leii< y of 135<i
votes in the 2nd District, which ought to be
satisfactory to our friends in that region.
It changes the complexion of the Ith Di tri
(Mr. Gartrell's) only by the addition of IJ.irri .
This county gave Mr. Trippe a majority of I!>7
votes—which subtracted from Gartrell's ma
jority, will still leave him in the lead by 872
votes.
The difference made in the 'I bird, « ill be as
follows:
Mr. Trippe's majority at the last election was
380, and taking this as the Know Nothing ma
jority, the subtraction of the majorities in
Talbot and Harris, 880 votes, would still leave
flic Democrats 50 votes behind. Twigg*. huv.
ever, would bring an accession of 127 vote*,
and Pulaski 257, taking the la-t election as the
basis of calculation —making in all 38+ vote*. -
Thus leaving the Democrats a little over 300
votes ahead. This is no "dead thing." and
such ti majority may be easily me. Still,
there Is a possibility that this Bill of Mu. Lock
ett, may spoil some very pretty calculation*
which are being made as to Mr. Trippe's suc
cessor in this District.
We leave it to our readers to figure forthem
selves, the changes made in the other I >i*trict-.
Our calculation, even to the extent it ha* gone,
has been hurried, but we think will be found
nearly correct.
Thi* is a measure which ought to have been
passed several years ago. The Democrats ot
this District andthe7thdes'ri it at the hands
of their brother Democrats, who can easily re
lieve them from the incubus of Know Nothing
majorities without at all risking their supre
macy in their own District*. To refuse, would
be to indicate a selfishness mid disregard ol
others, which would border very closely on
actual meatme-i.
Os course, the Know Nothings will 111:1k
wry faces an I sharp spe. rhe*. Everybody
knows, however, that they would resort to pr<
eisely the same expedient, if they only had
the power, mid experience proves that the op
ponent* of the Democracy have always been
very ready to use it. This change might have
been effected long ago, and th- Know Nothin.-
have nothing to complain of. We hav* given
them two districts, when we might just as easi
ly have left them none. Let them stand aside
for awhile, and let the Democrat* in these
two district- have a chance.
BANK SUSPENSION.
It is proposed t > legalize the Bank suspen
peiisions up to Novcmb.r I*sß.
The outstanding circulation of the Banks is
$5,500,000, in round numbers. This is a debt
past due, and by every principle oflaw and equi
ty, interest ought to rim against the Banks
from the date of their refusal to pay.
The Legislature proposes to extend the time,
one year, in favor of the Banks. At 7 percent.,
the interest on the debt which they owe to
the Bill-holders would amount to $385,000.
This is the nice little sum which the Legisla
ture proposes to give to the Banks as a reward
for breaking their promises to pa). If the in
.terufet were calculated at the rates exacted by
the BinA*, in the shape of discounts, exchange*,
■etc., the *Vm would be three times as great.
Yet at dt-ga’’ rates, $385,000 is the amount of'
pruHiitun »w. <Oll iSusuExsiox by the measure
iww under di»-u.ssion.
The Kichtuutul South, commenting on a
.similar o|>ezallon, has well ol served that the
Banks are uu.w-tiding a* their inode's tin louf
rr» who are said to live upon the interest of
their debts, auilttiiiSf• is no doubt that they
Cleat the loafers at their own game.
it is a Thing twin-art: of that a man who fails
to pay his note at matinrity. is therefore to be
excused from the paynaviit of interest—it is
still more unreasonable Sliat Corjairations pro
fessing to be soheitt *i»;iild be donated with
$385,000, in llwsJnyie.uJ'interest remitted. It
is a prerD operation—;.i d amounts to nothing
more than lit ing thee interest of their debts.
M'e are ritwfore of the opinion, that the
Banks should be made X•> pay interest oil their
Capital St.-.-k, dwillg-tkc period of their .-u
--pensiqn. They MV Mill ■draving their custom
cr-s In rfie shape of discount, ex< liange, etc.,
although they j>ay not a dollar of their <!■ Ft'.
If time is jgivvu tiw-m, they should at least pay
simple interest OB th <h-t, till they begin t
discharge it. We agree therefore with n
correajxMxlont that# tax of this sort ought to
be le vied. If each individual luu-t forego tin
collection of his «W< Jet the Bunk* pay infer
est into the State Treasury. TUI' w ill bring
them so Resumption, long 'efore November
J 858.
Main trunk.
AN ADJUSTMENT EFFECTED.
Me are glad to learn from Milledgeville that • 1
the m-gutiatioi's between Messrs. Scihvex and •
Wiieeixr. Presidents of the Savannah and :
Brunswick Railroads, were brought to a satis- .
Victory conclusion on Tm - lay 1 ist. Ar. ar
angement was elf ■ ted which will in- :r. the
11 instruction of the Main Trunk, and give to ,
Southern Georgia the lion-1 which she has so ,
long and urgently needed. This happy result >
is said to be owing in a great measure to the 1
instrumentality of a Committee consisting of ,
Messrs. A. S. Atkixsox, of Camden. I. .1. ,
Hays, ofThomas, and T. It. Bloom, of Bibb. ,
To Col. Atxixso.'. /specially is great credit due f
for hia efforts in its behalf; and for In- 1 r- (
lions, the people <f Lower G >rgia otv I- ma ■
debt of gratitude which we have no don 1 t they t
will always stand ready to iliscliarge. 1
Our neighbor of the Telegraph will see that t
his slur upon the "diplomacy "of the Compa- I
nies was somewhat premature. It seem* ,
they imre concluded their negotiations with t
*ome "apparent r.sult " -the astuteness of the
Tileijrapli to the contrary notwithstanding. 1
CITI' TAXES MR. FINDLAY’S RESOLUTION.
Some niisapprch. n-:-m seems to exist in the ■
community with regard to a Resolution intro- •
lin ed into Council by Aiderman Findlay. The 1
itesolution calls for an amendment of the Char
< r so as to give the Mayor and Council power
o assess ami collect a special tax on all proper- '
y benefited by uperial public Improvements. 1
It is right and proper that those citizens whose
property is most enhanced in value by the
building of a sewer, bridge or anything of the
kind, should contribute the most towards mak- 1
ing such improvement. For gener/d city cx
|K’-nses. all citizens, n* a matter of course, should
I e taxed pro rata according to each one’s
means; but for rpridid improvements, by wbi< h '
rertain individuals are solely and directly bene
fited, the parties who receive the benefit, ought
rcrtainly to pay something c.r(ro. and not let
the whole burthen fall upon the community at
large. This proposition is so just mid reasona
ble in itself, that it cannot fail to meet with the
approbation of every unpr.-judiced. right-think
ing citizen. Mr. Fixdi.ay is a man of sound
sense mid publie spirit, and is net likely, by
proposing indjiidieious and oppressive meas
ures, to forfeit the public confidence which lie
has obtained by his zealous and faithful dis
charge of the duties of a thankless ofli'-v. It is
bis object ta t'pi.il : zc rather than i.irrei'm tax
ation, mid in adopting his Resolution we are
-ure the Council will be sustained by a large
majority of the tax payers in the city.
THE MORMONS.
Late accounts indicate the brewing of trou
ble in I'tah Territory. The Mormons are
greatly excited at the prospect of the I . 8.
troops arriving among them. They denounce
the General Government for interferring in
their affairs; and their Elders and lenders call
upon the jieople to arm themselves in order
to re i.-t such interference to the last extrem
ity.
Brigham Young swears vengeance. Ib
says “ there are thousands and millions in the
I’nitcd States and in the world u hose hearts
are like an aspen leaf because ot this little
handful of people in I tab." lie tells his fol
lowers to pity the out.-ide barbnriaiis, for, says
he, "they knowYmt whom they arc fighting
against: they know not their de tiny" mean
ing thereby, we presume, that whoever troubles
the chosen people is sure to run .‘gainst a
snag and apt to catch "particular Jesse" for
their pain*. And according to Ebler John
Taylor, tliey (the Mormons) stand ready "to
raze their houses, burn their crops, pull down
what they have-passe 1 ten years in building
up, make their beautiful valley a desert, and
retreat to the mountains, ia ease the troops
should force an entrance among them. - ’
It is full time for these people to be brought
to their senses. It is a shame and disgrace that
they have been sr.tiered this long to trample
upon the laws of God and num. The present
Admini-tration, it is to be hoped, will have the
nerve to take the matter xigorously in hand.
Let the modern Saints |-e taught due respect ‘
for "the powers that be."
THE SENATORIAL ELECTION CT ALABAMA.
M e are pleased to sec from our Montgomery
exchange-that the Hon. C. ('. Clay, jr., Il.l*
been re-elected to the Semite of the I nite 1
States. I n.'icqiiainted as we are with this
gentleman, his re-election gives to 11 no ordi
nary pleasure. His course for the last four 1
year* lias been one. of imdeviatiiig. consistent
devotion to Southern Hights and Southern
honor. Among the youngest, if not the young
est Senator, he has borne himself worthily mid
well his reputation lias suft'ered nothing from
liis elevation to high office. I'nlike small men
who are lost in the position, he has reflected
honor and lustre on the station. As Southern
men we are glad that our sister Stat.- has sent
as her representative to the Federal Senate, a
gentleman who lias mind to understand her
rights, honesty to seek the promotion of her
interests, and courage to defend her. And
last but not least, we congratulate the ladies of
the South, that they will have in the brilliant
and fascinating wife of the distinguished Sena
tor, a representative who will adorn the cir- -
ele in which she is to move.
J-f’" It will be seen by reference to another
column that Mr. J. M. Boaiiiimas inis moved
his ibiokstore to the corner of his new build
ing (the " Washington Block”) on the sit.- of
th? old Washington Hall.
2-t - Mi:"i:~. Bostic k & Keix are selling otf
their complete a-sortment of Fancy and Staple
Dry Goods at A7 u* York price*. Articles rich
and rare—cheap mid costly—gay and gaudy
genteel and fashionable—Merinos. Silks, de
Laines, die., load their shelves mi l counters,
and are disposed of. by wholesale or retail, at
exceedingly low rates to correspond to the i
"hard times." Read their advertisement, ami
see w hat they promise. Then be sure to give
them a call, and "bold them to their lon-gain;''
as they arc determined to sell out to make
room for their new stock at the old stand ot
Bostick & Johns, where they w ill remove by
the first 1 f January.
RE-ELECTION OF SENATOR TOOMBS.
Tin-entire South bus reason to rejoice that
tin Jlemocraey of Georgia have re-elected
Robert r l'oombs to the Seriate. M ith int-ilec
tm.l endowments of th-.- very highest order,
and an energy of character commensurate with
Li- : r.iit ability, he is:ichampion in whom the
Scuti: re'poses especial confidence, and with
whose -ervie-v* she i* unwilling to disiwn.se al
tills ominous crisis. lg th 11*delighting to hon
or their fuiththl representative*, the Democra
cy of Georgia propose ft worthy example to
their allies in A'irginia. That we will follow
. . I- .....I - f-irh . .-'.d
THE BANKS AND THE TREASURY.
The 1-ill now Wore the Legislature, provid: ■
that Uitf Banks -hall give bond and *erurihi lor
the ultimate redempK 'n of such of thyir Notes
ns shall be paid into the State Trea»nry. iu the
shape of taxv *. c •
We shall m't -’ pto investigate the cause
which have induced the Bank ('oii.milteC tc
require secuiity for the payment of some
Imlf million in Bank Note* which may liml
llu-ir way into the Peoples' Treasury, while
thci have not deemed it worth their while t
protect the People themselves against the fail
ire of the Bank- to redeetnanotitsfandingrar
illation of more than fen times that amount,
arther than to express the opinion that the
'ommittce will have need (f all their power?
>f sophistry, when they undertake to shew why
tliey have left the People of Georgia a prey t<
ill the curses of a depreciated currency, w her
the rotten condition of the Banks is so palpa
ble that the Legislature require them to give
eecurity before tlle'r Notes can Le received in
to the State Treasury.
M e have noqnarrel to make, however, wifi
tit is provision of the Bill. Me consider it r
measure, eminently prudent. If the Commit
tee ciinnot protect the citizens in their every
.lay trausai lions, it is si mething in their favoi
thal they Dave endeavored toguard the Treas
ury against the Banks, and we say with tin
good natured Sancho, "let v.s thank God. noi
look a giit-1.0r.-e in the mouth." It is a si:-:;if
icant provision—one full of meaning, and r<
very pleasant meaning at that. It amounts t<
nothing more nor less than an announcement by
this Committee, who have been examining tin
entire Banking system of Georgia, that tin
State cannot tr' .it tin /.'i.’/J.i -tli.it their prom
i-n * to pay cannot pass current with t'.ieTrea
ury—and that prudem .- demal ds an exaetic:
of bond mol security from the Banks for tie
fulfillment of their ob’ia’.-ition*. Those fugle
men who are so indignant when a doubt is ex
pressed as to the perfect solvency of these In
stitutions, ought to "make a note" of this
and those who think that the superstructure o
the Banks can by no possibility’ topple to t 1
ground, ought to take it as a warning to "st.im
from under." This Committee is evidently 01
the Bank side of the question, but this is th
announi ement which they have, in effect, bee!
compelled to make to the People.
It -cerns t us, though, that the Comniitte
have adopted a very round-a-nbont method
when they I.light have secured the cud preipos
cd by a plan much easier— much plainer—nine 1
safer, and w hich tin y might have found ready
made- to their hands. M e allude to the exam
ple -x t be fore them by till' Tinted States Gov
eriiment. in the working of the Siib-Treasur
system. The General Government, as is wcl
known, ccllci-ts all its rev nil*? in hard mom
—pays el! its debts in the same way —and win
: t Ims no immediate use for it, docs not de; <*■
it for safe k- ■ q ing in any rii ketty Bank Cm
ecru, but trusts to the st rung-box laid the 1: m
esty of its ow n agent*. The consequence i?
that it lias been ena! led to put the Banks;-.
nlaters and Stock G.anl lent at defiance. It i
independent of Bank Revulsions, and in tic
disgraceful crisis, when the Ban!. - Lave In
blowing up, nil i- er the country, one afti
another, like a bunch of fire crackers —wlc-i
with im'onsidcriiL’.e exceptions, nil of tic
have broken their jwoth’---* to pay --'A h; :i t!
Nation is thrcate'i.d with c.l l:n.!..iq'.
—when the Bank of England i laird pr.*-
—when the French Finances are threaten
with convulsions —when these wind-li: * :>
collapsing, and these ri'g lion.- -t: : '
ntt around u - in this period of disaster n;
ilisiiiay, I.1: 1: Sam 1p? ns i.i •«!.» -: i.ml-he-.
them lull—not of rags mid Jampbh-.cl -I it <
hard inone’j — pay - nil his del ts, and : on
takes up his Bond'ill ndvam e, i.nd -o farfi.e
pinching and cm tailing, lends s na thing out ■■
his abundance to relieve tin People, and sen:
forth a stream of gold at d t'drer from h
vaults to revivify the trade of the country.
That i* the example for us to follow —th:
the sy stem for us to adopt. No rags—no Jimi]
black—no lying promises to pay —no Ban
Not- *. for the Batiks may break no bond mi
security, for the ,-vuiity may fail ! But. tl
specie- —the hard money—the gold ami sill <
—the yellow boys—the dir t the blunt—tl
rhino —the slug*—the shiner- that which h
so many mime -, and w hich is *0 acceptable u:
derail! That is the tree currency— the cu
reney of the Constitution —the only ccrixni
contemplated by the fathers of the country,
it w it! not fly away in every gale of w'.ml.lil
the miserable rags which have driven it out
circulation. It will not inflate at.d blow 11
like the paper I alloons of the pre sent day, e
ery explosion invohing thousands in ruin,
is always at par —it never depreciates—it u<
ther contrail' Lor expands—and standing i
it. the Treasury ot Georgia, the credit < 1 t!
Empire State of the South, can bid defiance 1
th • shocks and earthquake- which shake ar
sw allow up the I’apel Bank.-, every halt doz
year*.
M'hat a danger, have we just escaped!
M’hat a spectacle even now, ilo we pre-- nt! -
Suppose that the State of Georgia had hie
called upon, in this crisis, to discharge a heav
debt—a debt due—a debt which she fully < ■
pected to timt, and had esteemed herself f’lli
able to pay- Suppose the creditor to hai
been a foreign creditor—one who wanted, in
rags, but money—one w ho was not willing 1
wait tor "ultimate redemption" on the day
'/udguuid, no matter how unexceptionable tl
security. M hat a figure would the State -
Georgia have presented—otleriug rags, only I
have them refused—rich, and not able to p;i
her debts—her In lets full of broken promi*.
to pay, and her Honor, her Good Name, hi
t'liEDrr. it the men ;■ I f a eiiiibiimtioii of Bal:
Corporations! Mint Gvorgiun would in
have blushed ! M hut Georgian who does n<
blli*h even now , when the Ties 1; has to 1
protected against the l ad faith of ourown cit
zens! w heiiZioad and /‘.curdy must be exac
ed from these favored Institution*, be fore tin
can be trusted tore dvein their public and si
leimi promise* ! Il is idle to say that sr.i h
state 1 f thin,- :i* we have supposed, can nevi
come upon us- He who knows the history 1
theyear 1*37. knows better. At that time, t!
I’ut-. d*n'■ ' 1 : >!.?-• t d's U-i! nted a- , 1
many millions among the States. The Go’
ernment felt itself to lie rich, mid it was riel
Yet when the Bank fitih-d. what was the col
sequence? Government funds which we:
actually being disbm scd fr< m day to day. an
which were only depi-iteii iu Bunks tor sal
keeping ter a night, shared the general fat .•.-
The Bank.* redeemed neither bills nor dij o-ii
—Justus sow—and th cmisequvucv wa* th:
the United States had nothing w here w ith t
pay its daily expenses—notlimg w! crew ith t
1 -irrv on its public work*— nothing when wit
to p. civil a day laborer. An Extra *
of Congress had to be called, and the,dangerous
expedient of nn issue of Treasury bills wasre-
■ sorted to, to save tho country from ocfuid
■ ' banlruptcy. That was the condition of the
’ United States, and Georgia is not above such
contingencies. And this di.-grai luf spectacle,
, wa* all owingtoffee fact th;:', the Government
’ dabbled in p'ljier money, ami trn*'. 1 its depos
it* to the Banks.
■ The I'nited State-profited by tho I -sou.—
' It f--!l bac'. on the Constit !•■' - hard **>■,. 7
1 1 currency, i.ndwe all know how ha| py h#sl een
tl.e re.slill. Let 11* do likewise. Let the Statu
‘ dispose of every dollar offer Bunk St'ik—
■ let h-.-r d'r.oree he.’svlf ii'om the a i-.lterouscoii
' nection. Let her collci t h r.• venues in gold
• :•::■ 1 -■’••• r let’her make no d posits with the
Bunk' -and let her pay her if '-t*, ;;.* she eol
> lects them, in moary. There will then
1 be m> need of bond and security—-no need ol
‘ ' protecting her Treasury agamsi Corporation.'
-‘ w hich she herself lias chart red. Ihe credit
' of Geore ia should re t up si no sm-li quick
sand-. .-ad depend on no such miserable contin
-1 g-.-m-i. .*. It should be imh-;. -mlviit of the
1 Bank —high and clear ie them. Il we
■ 1.-mill.t protect ourselves, let n at beast protect
• the cl edit of the State, mid if the J.« gislature
r must I i,.- the pc q lea pr to the Banks, f t
' them a'i-,i-t secure tiie Trcauiry ugaimt the
l ' irrupt'.»i.s of tin - Goth* and \ al.dels.
’’ Much more might b said in iavor of the
pa 1. If the State v er.- t 1 eollei t it.- revenues
1 in hard money, and pay out the same to it? I 10-1
1 >.criior-, it - Secretaries, itsTreastu’ers, itsmem-
I bersof A*semb!y. it* Judges, its Tax Collectors,
its creditors at large, we should thus have euli-
" st, :itly ill circulation a i.ias* of gold and s.'vcr.
which in times like these would be o! per
ceptible benefit. Towns and Coimtiv would
soon follow tl.e example, and to the < v < f
their revenues,the rag' which we call money,
v> o;d 1 be dlspla: v d by the pre -ions metals. —
' Should this be done, and should the Legislu
' . ture prohibit b'lii under Ticeutus. and force
' the Banks to keep 0:1 hand In specie, one-third
■ --1 i/t of their ch /dotion, as the Committee
recommend—but of all their liabilities, wheth
er by note, bill, deposit or otherwise—we
! ! should nt least have sufficient specie mixed
e with our currency, to keep it fiom ilyiiigawny
!! , like :> fva’.lii r in ;. hi ;!■ wiud. The siqmrstrnc
ture might be of paper, but w e should at least
J Lave something ,'vli-l at the ba'e.
TEE TANKS T"E LEGISIAITRE AND THE
, CURRENCY.
<hir friends the Hor.stcn ceui.ty ] ...i ter-,
seem concerned, and properly so. as t » the
j- *
effect of the 1 resent state of things oil then
i-otton. Tl.e. are‘atisfiwl their |>atieii’i* quite
l'l sick, but cannot make a proper J/i./.iuto.:* cl
hisdisense. I suggest the disease to be tin
n present system of Banking, and as time is only
permitted me to glance at this most inter.-ting
subject, let our lion-ton county friends adop:
the plan of Bright, Cobden am! other Reform
■ ci-s in Englim !. that is, print mid circnl.-iti
Tract*. A* a beginning, 'anti-men o; iloii--
timc ia.ti, oiler a pre-m'um of five htindr. 1 or
. i ven a t!.'ni*::iid dollars for the best es wy «]><>!
the operations and effects of the Banking sy s
tcni ■ u tho industrial ptu»ml* < f the e umtry
suid especially cu e. f...n. S- ivi-t mid ; 1:-!
the b; -r </{ Tin- >• V'-ii-I then lie > •
II 'r . .
v, i;| ’he ;n!. • 1 !. ‘ •
t ri nee. an.l •1' tran:...• t i- • .
; I'.' V
... , L 1. -■■■ '■ - • .'<
■
I’, .\iiig >;■ . v. * in.’ ■ ■!-I I ■
( j- p;;p r :i!id I’r.iik ere .i' -d tip<»:i <-b
their v'tctim. 1 ’a ' •• <
;| . its Li t'»ry. f/ein 17U0 t•i - . p. i:\- 1-r u t
( . f . tun ruled iii./i. t‘ -• a\« :-;t_ ■ j-. i fr t: ;it tic.
; LciiiiZ <Hic-hnlf pouter tlinn tic avt !■;•?<* p” '
• any twenty yu'”- <ln t‘• ;-t tv.mtj
, £ cotton ihietuati.il but lit: L. Ishiuur Habß
ing system took its ri hih! > ; ucc then I’d
, price of cotton has been :■ ?th t’.’iut'iating
■ and fiverage price lowci n . listmc, wbei
the Ikhigoof Blood in ; ’ subsided afti
it* hv-l great effusion at Ua: ih o, and th'
port* and commerce of Enrop • \. !•* opened t<
i. :r i” n, prices idiov. 'la . :->Jic inerca-'
fur a time. Again, in prb * bounded u;
tv a high tipiiie. by the power . l a mad .s|>ceu
latii ii. stimulated by the ’’auks but suddens
fell, < i - tdpl Ithousands on this I le tho At
lantic iu ri!i:’.. I'm t’.c truth of History i
( ci th n v,;i' high and prices> ;.<lb:'-; before w
had Banks, anti Las ruled low<rand price
’ thictmitcd Ifair. body i'oiiht*. l* t Im;
• ask th< f< « v<t< ran < ttvn plant rsstill living
• who 1 k I and rri in th golden dis
)H ptnsilion previous to l v :o. B ; aylody doubt
K . kt >nc!i sceptic refer to ?4 t’l./cngh’s Com
. n menial dictionary, ti e hip).—t authority i;
matt, rs <4 Trade mid C mmvree. In that Pic
tionary he w ill find a tabk of tl prices of c ' ;!
ton in England r.nd the I. mted b:alcsfroin 17>
to 1 predicate.l upon a Keport made to th
_ (’oiipro of the I’nitul br. ’ -by the b+enta
»n ry of the Treasury. ThP t;J le of prices ii
\ McCullough, demonstrate-my proposition, tha
x- after IKIO cotton Ims been tailing, falling, fall
iv ing. up to 1835, in its average price. Sine
Ft* 1835, up to the present rime, we ::11 know th
( ,t averape price has bc<n gradually lowering, ata
t,> subject all the time to the must sudden, enpri
<,f cions and i m <ns tlm-tuations. Perhaps som
lV one may sup'gest the production has gone ala i?
of of the < umpti’ . But just the re verse i
to ti ne—the consumption has shot ahead ot th
IV production. So mnch so that al! England i
. alarmed; the 1 tereot m pii ai
L . r earnestly crvi.g <> : fur more cottun. ami Lack
jP vd b; the Engii-h < ibinet. are >v«.ki:.p l‘i m
ot iilate its growth i: ■ itl rent parts of the (il(d v
i,t They may fi rm : * .mion* ami spend monc
) C like water, and yet <.ur own glorious Sunt!
i- bles-ud b\ Heaven .ulli the soil ami ulimat
t- suitable to grow the * .owy staple, will bid de
■ v fiance to all competition.
|t _ I’nder the pre-vm *y-tem, two great inter
a vsts arc in the field. < ■ atrul’iug and dvpresdn
! r the price us cutton. One is American ami tl;
of other European —on- die American specula
ic tors and the ot’u'r : • • Europt an • i u!at< r
t »f j ami spinners. Hole n these formidable putt
v _ ers the cotton plan; arc shorn of their pr+
h. cionsilceee w ith ti. • vknessuf land * { . Man,
n- of them actually Lh—the keenly whetted shear
r e wl.i.di j< > tli-bi > f . -ilkcti tc\d”.re<! (
id The American spo tors arc mainly compose'
fe of P.-mk directors, ekhuldrrs. or men wh
arc the |»etted fi.\of Bank-*. Tin rer
Is in the fall of • ; •is ever. eo‘toti is t 'Lm'
it and hiite’. fuiL Tl.Jr emissaries ami tmaion
to join the chorus, ami cry aloud, cotton must lai!
io A b ore powc-iiul instrumentality i’ in flns
!i h.-nd’»—fhftt fa one which grind* out BankLill-*
I L‘ : ’ ■ • ' ' ’ ■ !.
these lordly operators stop discounts and retire
from the market. They control the Bank-, t<
ami the price of cotton is dependant on Bank h
accommodation', rml so when they shut down v
upon the staple, down it tumbles ton point to n
where they can buy to suit themselves. On t
the other side ot the Athm’je. the .*pinner> and ii
speculators, like old grey >piders, quietly and 1
bizif. wait ami v ;;tch for their prey, ihey s
v.nd< i 'tand two things wry well—first, that i
thev have got the money power, and, secondly. \
that the sy&tcm of moving the crops by Bank <
credits must, bring cutton under that power >
sooner or later. .\nd su it dots, and >o it will I
lu the end us the chapter. John Bull controls a
at la-t. and Manchester ami Liverpool give lav. > , 1
t > the cotton trade. Englishmen become mil
lionaires from cotton profits, ami usually Amtr- >
i(an speculators, aitcr robbing the planters oi >
fair prices, become bankrupts. t
'i wo grand and grievous wrongs are infiicted t 1
upon cutton planters under this system. First, ; t
it establishes the price of cotton at the will ami 1
pleasure us those w hose interest it is always to <
make money by depressing it. The consumer i
really controls the price, and the pnalucer ha* t
to take just what tLe consumer will give.— «
England i> thegreat purchaser of cotton, though <
ot hit - year* France, Belgium and <.ther parts c
of Europe have considerably increased its man- ,
uJacturc. So it may be said England rules
cotton and the cotton trade. She rules it i y
her immense < apital—but she rules it most vs- i
pvcially because the bulk of the cotton crop i> t
carried to her marts by bills of exchange, which . ■
have to be met. and she knows full well the i -
cotton mu<t be sold to meet these Lilis. She j
; has everything then her own way. Instead of i
having to .* n.d her ships laden with treasure to
buy our cotton, she compels our cotton to go
i toiler, and then fixes the pries she will give.
And all this is brought about by Banks and
1 Bank operations. Such a thing never was be
i fore known in all Lbtory. Rome, in the full |
Lhize of her imperial splendor, had to send to
Fgypt ami Sicily for grain : and England—this
same England who buys our cotton at her own
prices, is this day sending her ships into all I
i parts us the world, for the other vast produc
i tiuns. which go t > feed and swell her magnifi
j cent commerce.
But a still more outrageous wrong indicted
on the cotton planters by thfa system is the en
tire overthrow of the great law of Supply and
I Demand. In all christendom or heathendom
i this law regulates the price of all articles of
1 commerce except cut ton. If grain crops f.fil
i or are sh<*rt. bread is high—if th? «n :.-ir cane is
i <iisca*v<l. sugar and molasses are Isigh—if the
vineyards us the Rhine an.l the South of!
i France arc blighted, wines a i l brandy rise, ami
*so of everything el s<‘ but cotton. The plnnf-
I er> may em-ount r disastrous seasons, or rava- i
• ging in<sv ts —the crop may thus be cut otfone
thinlr ami yet prices are under a power that 1
can and will force them down. Who does not
i remember the f ate of the crop of ISC'.i? It was
half million of !> de- >hort, ami y+ t a (‘vnibina
tion between the Bank of England, the provin
c!;il Banks am! the British Spinners tbre- d down
the price ot. half. Th • cutton <r< p was in
i.p’ir w:;r<Dioii-c< i’;-*t ea<v ami convc.iient —
;;.id t’.ic b’’: • <1 n up »:j ii. li.. I t > L-v Hlvt. add
su by dr.i’.via’f the d.‘>or< the Banks dowa
d >v. a. idimct -hut. rk't'ifc John R'lll i,on. ht
s'. ‘ .• > •» rt -t ■ -op •. r1 ■ •
I,m t a';'. Oar cett'.ns inu-f m».v
•u . - ’ - d ‘-. Ht > ■!) of I i.n B?T ■
"./■ : . i-i i iiM .*• f'fi fi.'t'i'H**. 1 >!ri -
- ii.i -■ vis i» i-l u" I L:'- .ul - v V- likely t i !"■ -L’.v'.
■ in rjfter- i* Ji !in enga ?vj in •
'vi w ’ pt ■! either by <1 <: me, the
rri?eil in. or ;!■.*-• In ' ot' empire, ilo’i n x“i *
I <ii:i'rott ii:--i*t!iere:ip”iiii'. !r!'; : iiL''Thre'.'iil N -.-
'lie V -t. like sm ■ :: '"■■>:i'r I'mii. cansetl a*
it i* fii't now by tliv 'irep 'ii-ioii of tliv Ami-ri-
1 c:m Bunks, up pop* th? of i;itere*t .".m!
ilov. n pop* the pri.-e of rotto’i. An l when i*
i this horrible stat.* of thine* to cea*e ( Nov. r.
I nev r, by the Eternal, until the Banking sy s
tem i* abro'-'atoil —the hoine market control*
! the price of cotton, and M o ‘ ompel the world
to ■ ome and Lire from us at our own price*.
CALHOIN.
BANK SUSTLN3IONS AND THE PENALTY THERE
TO ATTACHED.
It is a ci i cion cb.-s-i vation ai.d one which
all experience sLow- tube true, that the se
of-.; • : Ity !.-'v .v< r just in it self, d. :■ .t -
' the o!j '-t of a law. This is i-iiiincLtly the ease
- re h -a: irifliction falls upon large ami
’ influential ■': <■« cud ir.t?:fcres with what
they conceive their peculiar prerogatives ami
privileges—and hence the relnetimce upon the
part of G '.crmiri and legislators to en
force the laws .'renin't the*:- corporations who
havo broken faith with the comimniity and vio
lated their contract vvtth the State. Whether
' there is a statute or not pointing' out a
in. tliod of re smiling their franeli: -■ and de
’ pricing them of the nse and exercise th< reof is
a mattes of pct fe< t imliflerenet fortheir char-
I ters are nothing 1 lit contract* mid if tliey re
pudiate and refuse to I c ! cund by them, they
I cannot surely with any degree of justice or pro-
■ priety hold the ■ t!:er contracting party bound
—if one party is at liberty to disregard Id* !
stipulation*, the other who is not in. fiuilt is not
' obliged to observe them, i'pon this principle
l the banks can claim nothing at the hands of
the Legislature and ns for the remedy to for
! ft it their charters, there is no statute required
i give that —any individual uho feels himself
.•ivcrieved n k :iv accoriling to the well settled
prim 'ides of the common law, use the name of
the State ai.d institute preceeiTings against
them. Instead, therefore, of insolently de
manding the pcs: age of a law, rendering them
thanks for their faithlessness and rewarding
: ud encouraging their short comings, it strikes
ii*. that they had better appear in the posture
of suppliants clothed in sackcloth and ashes,
confessing their sins mi l with humble and
contrite heart* asking forgiveness of those
whose interest*, in their anxiety, for gain th .»
I have sacrificed —whose right* they have gross
! Iv disregarded and whose power they have de
-1 fled.
Justice they do not want, for that world
slay them; Imt they are greatly in ne<-d < f
1 mercy, and although they have trangres*c*d
grievously and perhaps merit the row.-■••<! of
their iniquity, y et. we should in the exercise ot
a common Immunity and a little Christian for
bearance and charity extended t i the worst of
' critninris condemned and tttder -■ • tenee, give
them time to prepare for tli'-'r ed : bv.t wisdom
would certainly reach n* t! while we do this
it stands ;i* in '-"1 to ,i " r-the present op
portunity tn place up'n tl,. i.r such restrict', n*
and hedge them in u such disabilities ns will .
etl'octtinl'r pre. mt . r t ctitmn of such wrong*.
It tmiv perhap- be fno late to obtain indemnity
for the but now is tli time to get securi
ty for the future.
In view, therefore, ot their present inability j h
> resume (owing in good part to their re ck a
.•as spirit of speculation and excessive issues) tl
•■■ would propose the passage of an mt of am- tl
csty and oblivion lor their pa*t sins—allowing ’ fi
licin to retain their pre sent charters coinpell- c
ig them to call in tlieir circulation and to j h
.eep it within the limits required by their re
pective charters— abolishing all agencies— I
laking it an indi<table offence to take usury,
. Kether it is practiced under the name ot dis
ounts, exchange, acceptance or any other de- (
igmitioti: requiring them to do a legitimate
'anking and not a brokerage business under
like penalty, and last, though not least. (
axing their capital stocks at the rate oi (
per cent, per annum while they remain ,
v.-p.-nded. to be paid monthly in gold and *ll- (
er into the State Treasury until they afford ,
he Governor satisfactory evidence that they (
mve resumed. Such nu act should leave open ; j
o the individual creditors every remedy they
low have for enforcing the collection ot their ,
laims, and when the bank failed or refused to
mike the monthly payment into the Irensnry. 1
his failure should ij/so gi/rti/ w ork a forfeiture '
>f the charter and make it the duty of the Gov
•rnor to place its asset* in the hands of a re-
1" I
ICN. S. J. SMITH. AND THE "HIWASSEE RAIL
ROAD"
Mtr.LEtM kvii.lk. Nov. 23, 1857.
I informed you in my last of the passage, by
he House of Representatives, of the Bill pro
. idiii'g a charter fortho " Hiwassee Rad Road
—and I again allude to it as au act of common
U'tice tn its friends and ■ pn billy to the g- li
leman whose ii:.me heads this article. It
ia* been represented by the enemies of t!:is
iroject. that it* con*triiction will l e detrimen
:al to the interest of the people of Georgia,
is well as injurious to the future prosperity of
die Western & Atlantic Rail Road, r.nd
interfere materially, with the present pro
gressing system of Rail Roads in this State. |
Yet it i* worthy of consideration that the ene
mies of this important publii' work, failed entire
ly in their arguments to prove these facts, and
iltliougli, we attribute to them nothing but the
purest of motives in their strene.oiiscfl'orts to il»-
!e-it t lie Bill, vet we must be permitted to say. that
it did appear, w hile they were shouting in their
>wn advaii’-emciit of prosperity, they were
I,find to the interest of other important and
deserving sections. The beuntit'id portion of
North East Georgia, through which this road
will traverse, with its gigantic water privelha *,
stirticieiif to move the combined m.' hinery of
the world, with it* grand :;nd picturesque
scenery, its delightful ami im igoratingclimate,
with its hill* and valleys teeming with the
rich production* of it* -oil. lis- hitherto i«n
comparativelv isolated, and almost without
the ordinary facilities of conveying to market
the rich and abundant harvest with which their
fertile valleys a’ oun-l. This road will op-, n
to tiieni the avenue* to a choice of markets. Cluir
le*to:i and Savannah w ill l e the neare-t point-,
and by a judicious system ot Rail Road*, tin
dav wlllbe nearwhendlrmi-wick will bec.-me
tin hoiiorelile ■-.a:.pctitort irt lie tradvot that mi
. dumstible mineral and ag’ii ultnral rc'.’-aai ■.(
our growing State.
Tliv counties mostly intcrc-ted in this road,
ar I!.' nil. I!: J> ' - :I■*l i: m: l.innpk.n;
ritz'.: to build and cqiiiii a Rad Road. :is B: - ,
Iticlitm-:: I, (■h::tli.".m. Fi’ltoii or any otlu r
county or count -s of th State, have; mid i;
... ;.!':■ x 1 : '"I '. th . i
bin.is r.* as comuioa friend't > deny them tl:!'
i-niL.tm»h'v and natural i' Lt. But ii is whisper
ed. with lieeoming modesty, in the ears of all.
(fiat it- constrnction will he iletriim at.d. t >
the interest of the M esterti f. .'.tlantu- L.-ra
itoa-l. and rather than thi* r .d should 1 • ?
a farthing, thepeopleot North Eastern Georgia
shall remain isolated ami continue to sutler the |
me'inveiiienees which they have borne W ith
patience and fortitude for y In reply to
all this, 1 have to say, that a- a stockholder in '
common with the people ot G i 'ir:.da iu tn
Mi-tern A Atlantic Hail Road, b. fore I would
Slider it to become a Monopoly, or an engine
of oppression on tlie people ot any portion ot
the State. 1 would r.itlier make a bon-fire of
that great work which ha* been the pride and
boast of Georgia's enlightened v. i-lom, libei id
ity am! patriotism. Me should .-ware, how
we Re-tow exclusive privi'ums on this great
work, or upon any particular action ot the
people, for it is the nature of power to enlarge
itself by continual ugg re-gat an, l.ke the
snow ball, which gathers by its own niotii-n,
until it becomes :m avnlanche that will hid ere
we dream of danger and crush us with it*
weight.
The " Hiwassee Bill" was pre.-euted in the
House by Mr. Smith, <-f Tow j: . who ha* gam.-I
during the pa-t and present s.-s-ions mi envia
ble reputation by the lofty, patriotic course ]»er
sued by him on al! important svdqccts toucbnig
the interest and tuture pro-perity i f the State.
His untiring energy, patriotic zeal, and earnest
fidelity to every measure of a general character,
have placed him not::.' the advocate ot the views
of a particular section, but the aide representa
tiveoftlie State at large;hiscoinprclieti»ive views
mingled with a practical ami liberal mind, have
placed him chairman of the comunttec on ' :-
uanee, a place occupied tor a long seine*ot yeai *
bv the Venerable Dr. Phillips of Habersham,
and one of the most important positions of the
House; no one can discharge the responsibility
of that position better than the incumbent.—
BuX my engagements require my attention
and I must, in the language ot the am and
judicious historian "( Id Le/w luuiug,/
bring this to a close! TEMPLE.
CLERK OF THE HOUSE.
The paragraph copied 1-clow is taken from
a letter of our Milled.-* ville e-rre'pomk-Lt.
w hich .should have appeared in our last issue
but was inadvert: ntly overlooked. Hie com
pliment to our townsman, Col. A. M. Speer, is
well deserved. His acknowledged talents, in
dustry and integrity give full assurance that
tire- ■•"lifidenee of the Bouse will not be mi
placed.
"Several reports from c nnniittees ware-made
(on the 10th inst.,l among w liieh we.* that of the
Special Committee on the Clerk* ot the Hoiree.
11l that report we find the following : M e have
ever-, reason to believe from the information
furnished ns, that tliei xpen-. * of the House of
R ■ ■ sentatlvcs iu the Clerk’s Department w ill
be r/amniable and gar in ! v.la.t it has been
at previous session*; under the convietiun that
the expense* will be properly guarded by the
Clerk, and having the mm-' ; c • fi ! nee that
lie will faithfully discharge his d;;;ie*, we u:akc
this report.
The report throughout is of a compiimenta
rv character, and we consider it unnecessary to
review it livre, but will ad.!, t■> those v.ho
avo Keen most clamorous relative to the
mount of expenses in this Department, that
ie pay will fall far short of that amount which
jcy proposed to give in the outset. This is a
lir showing and reflects much credit on the
npaclty an I competency of the Principal and
is io i .taut*."
Yours. TEMPLE.
Mn.i.EixiHvn.i.E, Nov. 23.
IN HOL’SE.
Mu. Lockett, reported a Bill, to change cer
:iin Congressional Districts therein named.—
",ie Bill proposes the following change:
The county of Talbot, to lie inclosed and he
re::: a part of the second Congressional Dis
rii t. Tli 'unties of Pulaski and Twiggs to
.-inclu- 1 ■'lii the third. The county of Harris
o the fourth. The connties of Jefferson and
lYaltmi to the seventh, ami the comities of
Ireeiie and Hart to the eighth Congressional
District. TEMPLE.
[ For the State Press.]
Mu. Ei rroi:: The follow ing ticket forCoun
y Otlicer i was nominated by the Democracy
if Twi- *on the Itith of October last:
For Sherijl':
M'. M’. BOZEMAN.
lor Deputy Sheriff:
JOHN RAILEY.
/h/' Clerk of Superior Court:
M RIGHT NEEL.
For Ordinary:
LEWIS SOLOMON.
For Ta.’: Heceiter :
JOHN VINSON.
For Tax < 'ollertor :
WILLIAM STOKES.
The party is requested to attend the elec
tion for these Officers on the first Monday in
January next, a- there are grounds for believ
ing that the opposition will endeavor to take us
by siirpri.-.' by nominating candidates on tho
eve of the election. Let us all. tinreforc,turn
out to the polls. A Twiogs Democrat.
"WILD LANDS."
Bill* have been introduced into the Legisla
ture. "making it obligatory upon the owners ot'
unimprm -d lands in several of the counties ot
the St.it ■ to re-turn them for taxes in the comi
ty in w hich they lie." On th'.* subject, the
.1 «//>/..-.1 Const it ‘/tloHtillst very sensibly mid
pertinently remarks:
"If these bills become laws, the owners of
such kind - w ill be obliged to incur a great deal
of nu"- ■ . -.ry trouble and expense inorderto
prof- : tb--ir property from the "laud sharks,”
who:- - I • f'i”id in every county in the St.ito
where t:u iv is much unoccupied Imxlowned by
non-: -id' nt*. They must employ mi agent to
letii.t’ .-ir hind', mid il from his tmthlessness,
nc.ii'.e:i'-e, or tiny other cmi*e. the taxes uro
not p:,'. I. a tax' e’.ece.tioii will be issued mid
lev u i end the Imuls will be sold for a nomimd
; , . . tliose who, by a certain length of pos-
si'*:i.:i. miller color of title, w ill acquire a title
v. hii li will hold the lands aguiust the rightfid
owne:'. or oblige him to resort to the Courts to
regiilu hl- property. Innumerable cases of
thi~ ki I w ill oei :irif the bills now before the
■ ire are passed. We trust tlu:t they
will : ' : Hint the Legislature will not, by
pas'::: tii.-rn. oblige the owners of wild land*
ii: h"i 'log tl.' iu. to incur unneccs-urv trouble
1 mi-! take thi risk of losing them
W with on;-l'l.: 'mpornry. Hint such
a . -.ij'ie laws will lint !►.- 1 lira tell. They
, - ary, mid bea» lieiivily ttp
o. . ; >:;' of the citizen • without elici ting
.-. , i p.-.u-lli'.:; ii'iid. Me li.i’ no doill-t
■ :.'.tnr;-will ri-'Tisf to pas -tile Lilis.
le.! L-Vi'-Vd Aui'iO? o.< raa b.ynis.
T’i i' -2 c. iii.sl., ;a ‘ cd ::ie I .ibixing
:Iby - - .-s :-. n.'v .;M'c lure nu space
tn:' Cuiip :
A I-'. . ::■! :tt> Aut t • <k’cL’.k« i :•! define
t’ r> ’ -oft! >■ < . in >r hi H-iui urn hi the Banks
c| , - . ■ w hich li-jvv siisjcDvV I >?;<•<•!<• pnvnient.'*.
i <i ' ciiuci lii.-A ii.v Go. uin<»r be
,i. th ! tii'i ie.ii;iiu f n«»t t • iHstitateany proceed-
; ' ’ . ■ "t •■•itl.ei of
the ihtiii ’i th:-Slate lh:it Ikivc suspended specie
]i;>\ i . •_ j.i '. i ied lie ■ rcMi!Hv<;n < rbefore ll;e first
divot .iu: ■ : .t. nr ivithin thirty days after a gener
al 'i’ ll "/ specie payments, except in t!*e case
i , ihe (h.\ernor max be satisfied upon
piupei e. id •• l;;.ve been compelled i<> suspend be
ca.. the; had Hol liedi doing ,» legitimate banking
•»i; !!;.- . j i .'.idl’d that said Banks shall pay specie
!«>:• .ids <>. i-bd!-< that may be presenfetl by the
T: v.i'.iie; t tlw M.’.tv for the purpose us paying any
portion of the public debt or the interest thereon.
’ ■ 'Th” published in Phil:idelp!ii:i,
fix <. L Juh•» W. Foknev, lias the fi»lluwin<
Liter li'-:;: its Washington <•<»rrv.spon.lvnt :
Wa'Hl.xgtox. Nov. 11, 1857.
‘•lt i< rumored that Mr. Buchanan, in hi*
•’rd ,!iii.M>’ '.i ■• 1 » (.’<ingi\ s<, will take
b.ild gin.m.l <>:i the eurren \v question ; that he
will r ifoi.rn: tiiv principles laid down so clear
ly in hi" < ■!< .••. ! '! speech <>n the Independent
Treasury Li J. lie believes that it was the in
tention of the frail I*, r? of the Constitution to
ct: i I'"!. : .rd-niuiivy currency, and that the
action <4‘ ( fol;; i t -s si’.ce has been a steady de
parture fr< ni that intention. It will be his ob
ject. then, to retrace tliv false steps taken, ami
to 1 ri'g the Government back to the true
ground.
‘•The issue will be made in the next (’on
go'".’, \\ hethvr State Banks have the C’onstit'i
tioji’U power to i>sue circulating “promises to
• pay.” There will be a large party to take rhe
in •. f :t:ve of the argument, who will in>t. iris
>aid. y i- ! i until a decision lias been giwfrofl »lic
question Ly the Supreme Court of the I nited
States. Ag< m ral bankrupt law for the Banks
will be presented for action. Tliis will pro-
i lea ' for putting hitn lupii-
d.at.on insolvent Banks all over the VnienJ
.\S; xahi.e Reuu’E. —Taken toddy every
morniii:r and a toddy going to bed, ami a tod
dy just at lumh-time, it ytm're <lu3l ah«»Nt
tliv head ; when your st«»ma<*h is all-awry
or • hard limes” yoiu’piuspects blight, tiken
a t '.ldy with atoddy, and two more wiAiset
\on So take yum* toddy boldly, and
-wig it like a king, but mix some caution with
it, and it is ’ the very thing. *’ and us all
toddies iroinir. that toddy is the if‘tis/>«?//
sajarau : Lot water and good whiskey all the
rent. —(jitri tjitiu.
Corn \ Mvi:ket. —Cotton is still coming in
slowly. More sales have been made for tho
last week, though prices are nu better. Far
mers have been holding back for better prices
till they sec a prospect ot* a decline. Seasons
have been remarkably tine fur picking. Crops
in South Western Georgia, will be better than
was anticipated.
Price of Cuttoniu Americus, Il l-2c.— South
yVfntem Xttrn.
Coxi ktf.d <>e Foegeev.—The (’oluiiibus Sun
- :i•> -_• 'i .x ti al of Edmund C. Corbitt, for
forgery, w i.icli has occupied considerable time
<»f th Superior Court of this comity, was
l»rougl:t to a cL- •on Monday evening, ami the
• ; \ t r<liyt
of guilty. We understand that a motion will
be i.imle tufa new trial, ami if that tads, thu
case will Le taken to the Supreme Court.
TLRRI2LE COLLISION AT SEA.
T 1 ‘ " f, ”Unsbip (Ipclousas, bound tmm
Berwick J’..iv fi.r Galveston came in collision
. pGalvest »u at midnight ofxm-
■ ti ■ I'-’.h inst., and sunk immediately.—
Twc!‘ - -five persons perished in the disaster.
' /tlidii < . f.. " Jhiiilltim. • f South
( .. AU the officers ami crew (27) wore
savud. .
Fif!. -six of the passengers were rcs<-ued.--
In tl t’ l’-t of those - ived. appears the name ot
R. i. M upb . Tviyjs count}. Georgia,