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THE GEORGIA TELEGRAPH jS'L'^lCON’, GrA.., KUis, COUNCIL. PROCEE.l)INO .. UCOCLAR MEETING. Council Cliumt'or, Macon, Gu., November lMt. t'n-M-n: —Ki.i.i'.aV. Chin n. Aid.—l-'laaiier-, Bostick. Bloora, Johnston, Elfe. Absent—The Mayor, Aid. Wirsbip. Tho minutes of tlio last meeting we.ro read, and confirmed. ,, , . The Bridge Keeper reported tolls for the weol; to date, $84 70. , . The Clerk of Market reported fees for tho week to ^rile^ciunrd House Keeper reported fees for the The finance Committee reported in favor of the following aocounts, via: (Boon?* Citiacn Office. $18 50; B. T. Nosworthy, ^The Petition of Hayden 4t Woodward for permis sion to put in 3 logs across the Branch in square do to protect tho rock wall recently built ^receiv ed and referred to the Street Committee with power to act. " . _ The Petition of Young America Fire Company Ho. 3, to allow them to use the building lately oc cupied by E. L. Strohecker A Co., until the first day of May next; received and read, when Aid. Bos tick offered the following : . . Resolved, That as the property holders living near tho wooden store recently occupied by E. L. Stro hecker A Co. as a Drug Store, have consented that Young America Fire Company might occupy it as an Engine Honso until the 1st of May, that Council give their assent to the same, and that it be refer- Tuesday Morning, Nov. 24, 1857. AT TEN TION 1)E MOCHATS. The Democratic party in the different districts of Bibb are requested to meet on Saturday next, to appoint delegates to a convention of the party to be held on the third Saturday of December next, for the purpose of nominating candidates for the county^officers. By order of the DEM. C. COMMITTEE. State Press will copy. City Democratic Meeting’. The Democratic Party of the city is requested to meet at tho Council Chamber, on Saturday next, at 11 o'clock, to take into consideration tbe nomination for Mayor and Able rmen for the en suing year. State Press will please copy. red to the Chief Engineer of the Fire Department; Petition of sundry citizens for a well or cisterh at tbe intersection of Pine and Fourth streets for fire purposes; received and referred to the commute on Fire Department On motion Aid. Ellis Resolved, That a city Lamp Post be placed on comer of tho Alley between M. D. Barnes and l>r. Boon’s dwellings on cherry street; PnmtTtl Aid. Bostick in tho chair. On motion Aid. Findlay Resolved, That the Clerk be authorised to rent out the premises adjacent to the New Ciey Hall building to Mr. Tho*. Bagby until the 1st Oct. next for 8150 and take quarterly notes for the same. Passed. On motion Aid. Findlay Resolved, That the committee having tinder charge the revision of tho ordiuances be authorized when the same shall have been paazed by Council to have a sufficient number printed that each voter can have a copy by calling at the clerk’s office: Passed. On motion Aid. Elfe, Resolved, That chairman of the committee on Gas he authorised to place a Oas Post and Lamp on Fourth street on the alley between Pine aud Plumb afreets. Passed. Aid. Elfe moved that the clerk issne an Execution against D. Dempsey for filling up his lot on Cherry street, and order the Marshal to proceed at once to collect the tame. Carried. On motion Aid. Bloom, Resolved That the keeper of the Guard House be ordered to ring the Bell of the Guard House during all alarms of fire. Passed. Council then adjourned. R. CURD, C. C. TEKIBLE COLLISION AT SEA. Lou of the steamship Opelousas—Oen. Hamil ton among the lost. Auousta, Nov. 18.—The Texas steamship Opelousas, bound from Berwick Bay to Galves ton came in collision with the steamer Galvcs- toa at midnight of Sunday the lath inst., and sunk immediately. Twenty-five persons per ished in the disaster, among them Gen. James Hamilton, of South Caroliua. All the officers and crew were saved. TIttuiksgiving. It will be seen by the Proclamation pub lished to-day, that Governor Brown bas ap pointed next THURSDAY, the 26th instant, os a day of Public Thanksgiving. The au thorities of nearly every State in the Union have fixed on the same day. It is presumed that business will be gener ally suspended on that day in Macon, and that the Churches will he open for public ser vice. Wc have been requested by Rev. Mr. Evans, of the Methodist Church, to say that there will be public service in that Church, at half past ten in the morning, and that he omitted to make this appointment on Sunday, through inadvertence. Wc have also received the following notice : THANKSGIVING DAY. Divine Service in Christ Church commenc ing at half past ten. A. M. The public are invited. Rt. Rev. Bishop Paynk, of tho Methodist Epis copal Church South, preached in this city on Sun day morning last to an overwhelming audience. Bostick & Kkix, call attention to their offer, in good faith to dispose of their desirable stock at Mete York cost! Give them a call and they will redeem their promise. It is a misfortune of Doctors and Lawyers that one can’t wish them “a plenty of practice” without a kind of moral treason to the commu nity. The LaGrango Reporter, announcing that E. Y. Hint., Esq., has entered upon the duties of Solicitor General for that District, wishes him “plenty of cases worthy of prose cuting” during liis official term. That must be pretty near indictable. Stnutiing Committers of the llonsc. Lunatic Asylum.—Messrs. Wilkes, Westmoreland, Lewu of Hancock. Harrison of Chatham, Barton, Picket, Howard, Shelton, Bigham, Harris of Dough erty, Sprayberry, Bailey, Walker of Clarke, Dia mond, Smith of Towns, and Harrington. On lilind Asyht*».—Messrs. Locket, Harrison, Harrington, Taliaferro, Wilkes, Moughon, Wiraber- lv. Clarke, Smith of Coweta, Battle, Oay, Bell aud Briley. State of the Republic.—Messrs. Picket, Harrison, Crittenden, Irvin, Lewis of Green, HiUyer, Kenau, Barrett, Christy, Bell, Harris of Dougherty, Lazen- by, Holden, Kendall, Ward, Black, Fain of Fannin and Warley. On Deny and Dumb Asylum.—Messrs. Webster, Reid of Putnam, McCantz, Wilkes, Westmoreland, Milledge, Taliaferro, Ilams of Cobb, Worley, Luff- man, Moore of Clark, Pittard, Hays, Lewis of Greene, and Mintz. » On Public Printing.—Messrs. Boggess, Griffetli, Brantley, Daniel. Kitchens, Wood, Mott, Kendall, McLean, Price, Roberts, Young, Schley, Christy and Craft. Oa Enrolment.—Messrs. Hardeman, Kirby, Phillips, MellUlsin. McAfee, Mizille.Harper, Howard, Homes, Wilkes, McDonald, Glass, Fain of Union, Lane, and Fannin of Morgan. On the PenitCHtiury.-r-blesm. Faulk, Aflrtry, Gil bert, Battle, Brassell, Harkness, McGregor, Shelton. Smith of Talbot, Coleman, Duncan, Maddox, Terrel, McDaniel and Holiday. On Journals.—Messrs. Crittenden, Clark, Edwards, Fortner, Fuller, Griffleth. Hall, Grovenstein, Gay, Hays, lloldcn, Hines, Johnson, White and Young. On Petitions.—Messrs. Diamond, Wright, Tomlin son, Schley, Crumbie, Findley, Crittenden, Roberts, Williams, Taliaferro, Causey, Taylor. Braswell, My ra* and Davis ■ On Consolidation.—Messrs Lewis of Green, Hill- yer. Kenan, Jones and Diamond. On Agriculture and Internal Improvement.-Messrs. Westmoreland, Boggess, Hardeman, Pruett, Moore, Pickett, Myres, Lewis of Hancock, Bigham, Smith of Towns, Hardy, Chapman, Price, Conley, Pittard and Fulmore. On MiUitary Affairs.—Messrs. Milledge, Harrison, Hardeman, Kenan, Kimbrough, Sheffield, Owen, Strickland, Harris, Wall, McEvcr, Walker, Findley, Reid and Oneal: On Judiciary.—Messrs. Irvin, Kenan, Lewis of Hancock, Smith of Coweta, Sprayberry, Fain, llill- yer, Bigham, Fanffin, Bailey, Craft, Luffman, Ever ett, Jonea and Gay. Ou Manufactures.—Messrs. McLean. Carter, Ju lian, Neal, Embry, Lewis, Lee, Cnreuton, Brantley, Kimbrough, Marshall, Merehison, Darden, Frederick, and Davis. Public Education.—Messrs. Lewis of Hancock, Pickett, Braswell, Sherman, Daniel, Fincannon, De- Lamar, WUlis, MoWhorter, Barrett, Hopkins, Ro berts, Kitchens, Smith of Tatnail, Wimberly, Tiios, W. Walker, Jas M. Owen, and Smith of Towns. On Finance.—Messrs. Smith of Towns, Barton, Pruett, Pickett, Moore, Lane, Hardeman, Cannon, Harrington, llstts. Holmes, Little, Mintz, Graham, McCants, and Lewis of Greene. On Banks.—Messrs. Gordon, Irvin, Locket, Mill edge, Powell Mott, Hughes, Julian, Lewis of Greene, Straugn, MoConnel, Moughon and Webster. Oa AVw Counties.—Messrs. Cumbie, Shelton, Bras sell, Worley, Everett, Chapman and Findley. Rkuoval.—Friend Boardman, at length, after disasters by fire and flood, is settled down perma nently on the Washington Rail comer, surrounded by the monuments of his own enterprise in a beau tiful and majestic range of buildings. Let him go on and prosper, diffusing light, knowledge, science, art and literature wherever a reader or a dollar can be found. With Wood above, brick around, stone in front, and Stone along side of him, food for the soul, food in nuv quantity for the body at short notice by Elis, Saulsburry to clothe, Stone to deck the head, Mix and Kirkland over the way to cover the foot, why lias not Mr. Boardtnan lo cated himself philosophically in respect to human wants and their order ? Bloody Work. A private letter, received at London, states that 10,000 Sepoys were slaughtered at the capture of Delhi. 4.0 Oil >cws. The Washington correspondent of the Phil adelphia Press ha; the following in reference to the forthcoming President’s Message : Washington, Nov. 11, 1857. “It is rumored that Mr. Buchanan, in his first annual message to Congress will take bojd ground on the currency question ; that he will reaffirm the principles laid down so clearly in his celebrated speech on the Independent Treasury bill. He believes that it was the in tention of the framers of the Constitution to establish a hard money currency, and that the action of Congress since has been a steady de parture from that intention. It will be his db- ject, then, to retrace the false steps taken, and to bring the Government back to the true ground. ‘The issue will be made in the next Congress whether State Banks have the Constitutional power to issue circulating ‘promises to pay.' There will bo a large party to take the nega tive of the argument, who will not, it is said, yield until a decision has been given on the question by the Supreme Court of the United States. A general bankrupt law for the Banks will be presented for action.—This will provide a fixed legal course for putting into liquidation insolvent banks all over the Union.” The Press, it will be recollected, is owned by Col. Forney, an intimate personal friend of the President, and hence wc Lope that this is something more than mere gossip. We arc no run mad anti-bank man—we are for noth ing violent, but we believe 1st. That any necessity which might have existed for u paper currency, has disappeared in the abundant and increasing supply of pre cious metals, and that, therefore, banks of is sue ought to be discontinued, by the refusal to renew expiring hank charters, and by an nulling them for sufficient reasons. The poli cy of the country should now be steadily and persistently anti-bank. 2d. That in this way only, can those violent pecuniary revulsions be prevented, which ex pose every man, however prudent, to imminent dauger of ruin twice or thrice during an ordi nary business career. That the hanking sys tem tends certainly and inevitably to increas ing expansion up to the poiut of collapse, be cause it substitutes for specie a mere credit ba sis of credits, and piles up a superstructure on a shifting and uncertain foundation. Every ex pansion by the Ranks increases nominal values, and these inflated values again re-act on the banks and are made the hasisof still further ex pansion. We measure property by the price it will command, and that price is regulated by the abundance or scarcity of money. The man who bought Illinois Central stock three mouths ago at 8140, thought he was doing a good husiuess, hut it seemed a doubtful trans action to him who bought the same stock a lit tle while after Tor $130, while he who bought it a month ago for thirty or forty dollars, laughs at both. Neither could be called imprudent as things stood. lie could have no other light than existing valuations, and the hanks which took the stock as collateral or other security and loaned money upon it, were in the same condition. So, also, of the whole 700 millions Rail Road stock which fell in value $350,000,- 000 in a few days. The redundant hank cir culation had helped to push up stock aud all other property, aud the inflated value of pro perty, in turn, helped to push more money out, aud thus they were soaring upwards ou 'I'Im* dlortiions in open War The worst prophesies are fulfilled in regar to the probable attitude of the Mormons Utah—these deluded people are in open r volt against the Government, and an overt act of rebellion has been consummated. Early October last, three trains of wagons transport ing supplies for the army, were destroyed aud the provisions captured. The drivers were not molested, and there seems to have been no escort party with the trains. They were ninety miles behind the vanguard of the army, under Col. Alexander. Col. Albert S. John son in command of the expedition, was, when last heard from, about 22d October, two bun dred and thirty miles west of Fort Laramie on his march. Despatches from both have been received by the Government at Washington enclosing two documents from Brigham Young. The first declares that, under act of Congress and in virtue of the fact that no successor bas been appointed and qualified, he is still Gov ernor of Utah, and thcreforei he says : By virtue of the authority thus vested in mo, have issued anil forwarded to you a copy of my proclamation forbidding the entrance of armed for ces into the Territory. This you have disregarded. I now further direct that you retire forthwith from the Territory, by tbe same route you entered., (should you deem this impracticable, and prefer remain until Spring in the vicinity of your present Gi encampment—-Black Fork on Green River—you can do so in peace and unmolested, on condition that you deposit your arms and ammunition with Lewis Robinson, Quartermaster General of the Ter ritory, and leave in tho Spring, as soon as tho con dition of the roads will permit you to march ; and should you fall short of provisions, tlioy can bo fur nished you upon making the proper application therefor, The second is a Proclamation by the same authority, to the people of Utah, in which, af ter charging the United States Government and people with insult, betrayal, plunder and butchery of the Mormons, on account of their religious faith, he announces the following conclusions: The issue which has thus been forced upon us compels us to resort to the great first law of self-pre- Scnator Stubbs has a hill before the Senate to incorporate the “ Macon Insurance and Trust Company.” A Home Insurance and Trust Company would save thousands to the town, annually, and it ought to be created.— But give it some other name, Mr. Stubbs.— Whoever heard of an “Insurance and Trust’* Company, that did not “break all to flinders.’, Formal ICccci>tiou of Scnor Yrls SARRI-THE POINTS OF THE TREATY. Washington, Nov. 17, 1857. Mr. Yrissarri was formally presented to the President of the United States at one o’clock to-day, and received as Minister from Nica ragua, after which the treaty negotiated was signed by himself and Secretary Cass. The treaty provides— First—For the maintenance of two free ports, one at each end of the Transit line. Secondly—Tho United States guarantees the protection and neutrality of the Transit but names no particular Company. Thirdly—The Transit is to he open to all nations on equal terr.ia. Fourthly—Tho United States reserve the right to transport the mails iu their own ves sels when they find it convenient so to do. Fifthly—Provides, in the usual terms, for friendship, commerce and navigation between the two countries. Tho nbove is tho substance of the treaty, ns procured from a reliable source. No one was present at the presentation of Mr. Yrissarri, but the Secretary of State and the President. Col. Duncan. The Washington correspondent of the Phi ladelphia Press says: “It is the subject of general remark, that Col. Duncan, of the U. S. flying artillery, has joined Walker in his present invasion of Nicaragua. Col. Duncan hns not even resigned his commission in the United States army. This, together with his connection with a filibuster movement, pre sents adclicnte que-ston to the Administration.” Arrival ol the CHy of Washington. Nr.w York, Nov. 16.—The steamship City of Washington lias arrived with additional items of intelligence, though she left Liverpool on the 4th, the same day with the Ariel. She brings upwards of eleven thousand pounds in specie. The London money market was tmfavora-J bly nil'ectod by the Niagara’s news. Consols on Saturday reached 004, hut afterwards rc- cccde 1. The demand for gold in the Bank of Eng land continues, and fears are entertained of another advance in rntes. j a t h,. attempt to launch the Great Eastern. »ho moved several feet when her machinery broke. Another attempt will he made in De cember. The funeral of Caviguac was attended bv n procession of fifteen thousand persons- The Weather. Another, and in succession, a third rainy Monday! Out door operations will be light again to-day—for he it known to our readers that we antedate the Telegraph by about 12 hours. Our apprelicnsious in the Telegraph of the 17th that the last week of cotton grow ing had passed for the season, were signally verified by two cold days on Friday and Sat urday, such 88 do not very oftcu occur during the Winter in this region. Ice formed in tubs and buckets to the thickness of three quarters of an inch. The ground stiffened and remain ed so, except in sunny spots, during the whole of the six hours. The crop account is closed, and it remains to be seen how it will foot up. Stocks and Stock. The New York papers represent stocks in o Wall street to be soaring upwards again, like plcnish their empty vaults. Between the two I each others wings, almost out of sight of real values measured by a specie basis. 3d. That when this inflated credit bubble is thus blown beyond its utmost tension and collapse ensues, we drop like a shot from this aerial flight down to specie valuations or something near them. TJicu, as a consequence, the business man finds his debts practically very largely increased and his assets ns large ly diminished. He is cramped, embarrassed and, it may be, ruined, without fault or impru dence on his part. He lias merely incurred obligations upon one standard of valuation and must discharge them on another. Then how differently bank statements arc looked upon! In flush times almost everything is accepted as an "asset," but when the pinch comes the eye rests solely on the item "specie.” Then hanks crowd debtors—“accommodations” are no where—runs commence, and after a brief, vein struggle to sustain their credit, the hanks sus pend. Theu all is distrust, embarossment and confusion. All the circulating medium is looked upon with doubt, and a portion becomes worthless. Those who are out of debt, alike afraid of bonk bills and property in its uncer tain valuation, clutch every dollar of specie they con find and hide it away. The banks, on the other hand, neglect no expedient to re servation, anil stand in our own defence—a right guaranteed unto us by the genius of tho institutions of our country, and upon which the government if based. Our duty to ourselves, to our families, re quire us not to tamely submit to be driven and slain withont an attempt to preserve ourselves. Our du ty to our country, our holy religion, our God, to free dom and liberty, requires that we should not qnietly stand still and see those tetters forging around us which are calculated to enslave aud bring us in sub jection to an unlawful military despotism, such as can only emanate, iu a country of constitutional law, from usurpation, tyranny and oppression. Therefore, I Brigham Young, Governor and Su perintendent of Indian affairs for the Territory of Utah, in the name oftbe people of the United States, in the Territory of Utah, forbid, First—all armed forces of evc-ry description from coming into this Territory, under any pretence what ever. Second—That all the forces in said Territory hold themselves iu reudness to march at a moment' notice to repel any and all such invasion. Third.-Martial law is hereby declared to exist in this territory fiom and after the publication of thU proclamation, and no person shall be allowed to pass or repasa into or through orfrom this Territory with out a permit from the proper officer. Given under my hand and seal, at great Salt Lake City, Territory of Utah, this fifteenth day of Sep tember, A. D- eighteen hundred and fifty-seven, and of tho Independence of the United States of Ameri ca the eighty-second. BRIGHAM YOUNG. Col. Alexander, in his reply to the 1st proclamation, says : I am at present the senior and commanding offi ccr of the troops of the United States at this point, and I will submit your letter to the General com mamling as soon as he arrives here. In tho meantime, I have only to say that these troops are here by the order of tho President of the United States, and their further movements and op erations will depend entirely upon orders izsned by competent military authority. These documents leave no space for doubt. A collision has probably already occurred, and it is only the superior equipment and disci pline of the United States forces which can relieve very serious apprehensions of the re suit. The United States forces against Utah when ail concentrated, it is said, will not amount to more than a thousand effective men, and the Mormons should be able to bring into tbe field at least seven thousand. The dispar ity is very great, but Col. Johnson is a man hkciy to assume a bold and decisive policy. dead leaves in an autumnal blast. The ad vance last Tuesday was four and five per cent, upon several descriptions, and the tendency is upward by jumps and gyrations on all kinds. It is tree the extraordinary depression of stocke a few weeks ago, left ample space for improvement; but the inflammatory condition of the market is said to have its immediate cause in the Banks, which, finding inadequate employment for their capital in the small amount of first class commercial paper offer ing for discount, are lending freely upon stock as collateral. “ Stock,” on the other hand, if we may judge from the Tribune’s report of the Horse Market, is in a blue way. Dealers have bought it and kept it there for an improved market, until it has “eaten its head off,” aud are now selling for any price. Sales are reported of a pair of greys for $50; black horse for $29; sorrel for $20. Chunkey hay horse, buggy and harness for $26, and so on through a con siderable catalogue. Financial matters lu New York. The New York papers state that at a pre liminary consultation of some of the Bank of ficers last week, the sentiment was that re sumption must quietly and of necessity ensue during December or January. The whole of last week was signalized by an extraordinary excitement in the New York Stock Market, and enormous transactions. A comparison of last Tuesday’s quotations, with those of about a month previous, exhibits an average advance of very little less than twenty-five per cent.— We append some items by way of illustration: Oct 13. Nov. 17 Advance. Virginia Cs.............C7 91.....24 V cent. Illinois Central 50... 67 37 f cent. American Ex. Bank 54 j 90 34} tp cent Commerce 70 .93}....23} cent Metropolitan Bank 57 93 36 V cent American Ex. Bank 55 90 35 t* cent. PJtenix Bank 55 92}....371#’ cent Specie is still quoted at 4 to 4 per cent, pre mium. Foreign Exchange is active nt 107 to 1082. Death among tlic Deer. The Thomasville Wire Grass Reporter says, that the deer in the counties of Irwin and Worth are dying in great numbers. Many have been found dead in the woods, and many others caught by dogs after a short chase.— A hunter discovered a large buck by hearing him cough, a few days since, and killed him. He was diseased. The blood was thin and watery, and the joints seemed to ho bloodshot. The deer arc dying in vast numbers in Thom as, Colquitt and Baker, ns well as in Irwin and Worth. classes, it seems as if gold and silver had left the land, aud that dirty paper, redeemable none knows when, wero to be the only measure of value. Theu come applications for legislative tinkering and relief— then all manner of cor ruptions, abuses and malversations come to light. A pall of gloomy doubt is thrown over everything—money and character alike. All manner of plausible pretexts are set up to sap the foundations of morality. One code of mor als is established (“legalized”) for the money makers—tbe banks—and another for the peo ple. Then wc hear “confidence” preached up, as though it were a thing to he made up on a sudden occasion and not a “plant of slow growth” from the soil of unbroken faith and inviolable integrity. And finally, after months or years of trouble, tlic community and hauks surviving the shock, begin at a specie basis again to repeat the same weary and disastrous round. It is the inevitable tendency of the system, Let it be abandoned. It has always been maintained by some that the constitution of tbe United States does in so many words prohibit just such a paper cir culation as we now have. Section 10th of Ax- 1, declares that “No State shall” “emit bills of credit” or “make anything but gold and sil ver coin a tender in payment of debts.” This restriction bas hitherto been theoretically as well as practically applied only to the govern ments of the States or the States as bodies po litic. But it is well to inquire whether a pow er can be conferred which is not possessed; or. whether one can lawfully do by an agent which he may not do by himself. We have, however, no space for the argument. Wc believe if the point is ever tested before the Supreme Court, it will declare banks of issue unconstitutional. But whe tlier this he so or not, we hold it is tlic course equally of prudence and sound poli cy to bring the present banking system to an end. so soon os it can be done justly and pro perly Passage of the lliwnssee Kail If oad BILL. This bill passed the House last Tuesday by the decisive vote of 79 to 52—24 absent or not voting. We copy from the Republican sketch of the debate upon the final passage of the hill. It will be seen that the Committee have reported in favor of State aid to the en tire batch of rail road bills and that the debate upon this single measure embraced them all Wc take the vote to be indicative of the result iu tlic House upon all the bills. HOUSE OF REPRESENTATIVES. Tbe committee, to whom were referred the bill' granting state aid to the Macon & Brunswick, Savan “Tho Reason Why.” This is the title of a new work of 356 pages, by the author of “ Inquire Within,” recently published by Dick and Fitzgerald, 18, Ann Street, New York, aud for sale by the Messrs. Richards. It is essentially a house hold book, and a convenient one—affording at a glance a ready solution of all those material phenomena which arc perpetually demanding “tho reason why,” from the enquiring minds especially of children, and those whose pur suits in life do not permit much scientific read ing and investigation. nali. Griffin 4c North Alabama, Georgia Air Line, Ellijay Rail roads, reported favorably upon the same and recommended their being made the special order for Thursday next. If these bills pass, the State will have to endorse their bonds to the amount of three million, ten thousand dollars. There was also a minority report—against tho bill. Three hundred, copies of the Reports wero ordered to he printed— auil the hill made the (pecial order for Monday next. The Hiwossee Railroad bill was then taken up and upon which a long debate ensued. Messrs. Kenau of Baldwin and Smith of Towus, in favor, Messrs. Glass, of Newton and Reid of Putnam, opposed. Mr. Kenan lead the debate iu a speech of some three quarters of an hour. He said that tho State ltoad was nut built for the purpose of enriching the Treasury but was built fortue purpose of developing the resources of the Cherokee country. Contended that this Road would be of immense benefit in tune of war, in the transportation of men and means from one section of the country to another—that the com pletion of this road would maternally benefit tho whole people of Georgia in the redaction of freights, and thereby lessen the price of such articles as wo aro compelled to have from Tennessee and adjoining States, 4cc. Mr. K. is a fine speaker and ho contri buted much toward the passage of a hill. Mr. Glass, ol Newton, followed lu a very sensible speech, showing tbe folly of granting tho charter asked by that company, and the injnry that must re sult to the State from'the passage of the bill. Ho shewed conclusively (to my mindj that the very fact of this company not taking aid of the State, was suf ficient evidence, that auother State and not Georgia, would derive all the benefit from the road—that a company, perhaps Charleston, would build the road; and that Charleston would be tho beneficiary. He said he had no feeling enmity towards tho people of that portion of the State where this road was proposed to be located, and that he would cheerfully vote for the bill, if they would shew him that it would not re sult to the injury of the State of Georgia. He said that gentlemen had accused tho opponents of tho bill, of being influenced by their interests in other railroads, but he wished them to understand that he was not a stockholder in any road in tho State— that ho was governed by no other principle than that of legislating the greatest good lor the greatest num ber ; that he had no inotivo in injuring that section of the t-tato, and it would not benefit him, for he had no “ daddy under the hay." This last remark was applied to the ooponents on yesterday. Mr. Smith of Towns, said he could not be silent in the passage of a bill involving, in so great a degree, the interest of his constituents, that his people did not ask one dollar of aid from the State, hut only wished the privilege of building the road with their own means. He said that tho gentleman who had proceeded him had harped upon tbe doctrine of the greatest good to the greatest number, in answer to whioh ho would say. that if that doctrine was carried out, we should legislate for tbe emancipation of a large portion of the slaves and the enslaving of the whites. He cited, as an instance, the county of Burko iu which the population is near 15,000, the whites something over four thousand, lie did not believe in the doctrine always, and used this merely for argu ment sake. He finally wound up with an appeal to the South western portion of the State, and that portion bord ering on Fla., bv the memory of the past, by the aid which that portion of the State had rendered them when threatened with the tomahawk of tho savages, to now come to their aid and relievo them .from a tyranny (sought to be imposed on them) worse than that imposed upon the Serb of Russia. Mr. Retd of Putnam followed the gentleman from Towns in a very short but sensible speech. He con tended that a* Middle Georgia had been taxed to bnild the State Road, and had as yet derived but lit tle benefit therefrom, and as it is now in fair way to become remunerated that no obstaclo should be thrown in the way to impede its progress. That tho ltoad should be so protected and managed as to re duce tho taxes of tho State. Ho believed tho pas sage ot the bill would injure the State Road and thereby the people of the Slate, and lie should east his vote against it. Mr. Kenan closed tho debate, his remarks differing hat little from his fir.-: speech. Tho bill was put on its pa: s igo and passed, yeas 79. nays 52, twenty-four m- iiihers being absent or not voting, llou.-etlienadjournedto 9} o’clock to-morrow morn- ing. 1R07I MILLEDGEVILLE. Private Correspondence of tlic Georgia Telegraph. MILLEDGEVILLE. \ Nov. 21, 1857. S In House.—The committee on Banks to whom was referred the Bill for the reciprocal relief and protection of the Banks and Treas ury and citizens of this State, asked until Tuesday morning next to make their report, which was granted, and the matter of their re port made the special order for that day. The Bill for the pardon of John Black, of the county of Habersham, now under sentence of death for the crime of murder, being tbe special order for to-day, was taken up, and af ter considerable discussion was recommitted to tho committee of tbe whole House. Bills Passed.—To abolish imprisonment for debt. November 21, 1857. In Senate.—Bills Passed.—To change tbe times of holding tho Superior Courts of tbe Brunswick circuit. To lay off and organize a new county from the counties "of Fayette and Henry. HIBERNIA, MILLEDGEVILLE, ? Nov. 21, 1857. S You will perceivo that the committee Banks, to whom bas been referred tbe Bill giving reciprocal relief and protection to the Banks, Treasury and citizens, which have sus pended specie payments, Lave asked until Tuesday next to make their report, but I have no idea that the committee will be able to adopt any measure of relief that will be satisfactory to all the committee or the people. The fact is, if I have been correctly informed, these Banks, or their Agents, have for years been in the habit of shaving paper at two and a half per cent a month, thereby grinding down their innocent victims of persecution, until their very souls ache under the oppression. And now, in the face of all this financiering system swindling, they have the effrontery to come before the Legislature and ask for “reciprocal relief.” What is this “reciprocal relief,” if applies alone to Banks ? I am at a loss define the term, unless it means oppression. But they ask relief, and in my judgment they will not get it in the terms of the present Bill from this or any future Legislature. If I be come hopelessly insolvent, there is no law punish me, but think you the Legislature will come to my aid and grant me the relief that my necessities require ? Not so, but would have me to pass the remnant of my days wretchedness and ruin. Neither should she relieve the broken down institutions, which have proved the curse and ruin of the country. But let us see how this question stands. The laws of Georgia provide, that in the event of suspension of specie payments by any of tbe Banks in this State, their charters shall be de clared forfeited. This necessity has been brought to bear upon certain Banks in Geor gia, and they have violated the law, and in this, they have forfeited their charters. Now the question arises, can the Legislature grant the “reciprocal relief’ they ask ? We hold, they can, bat it is a dangerous precedent, and built upon the same principle, that if it kills A. the law provides that B shall be hung, yet the Legislature may interpose and pardon B for the crime committed. But enough of Banks and Bank speculations, and Bank suspension^ The people and the Legislature have become disgusted with them, and they shonld be dealt with as the law directs. HIBERNIA. Bills Introduced. The following hills were introduced into the Senate, on tho 17th. by Mr. Stubbs of this county:— By Mr.’Stubbs, of Bibb: A bill to abolish the pres ent cumbersome equity practice, and to provide for a more speedy and less expensive mode of obtaining justice, and to change tbe rules of evidence so far as to let the interest of a witness go to his credibility and not to bis competency. By Mr. Stubbs, of Bibb: A bill to repeal and amend An Actto regulate the granting of new trials. By the same: A bill to amend the charter of tbe city of MACon. By the same: A bill in relation to evidence in Chancery proceedings. By the same: A bill for the better protection of endorsers, securities, Ac. By the same: A bill to alter and change the 22d section ot the 14th division of the Penal Code, rela live to the oath of witnesses. Maiu Trunk and Brunswick Bail ROAD. Wo have a renewal of diplomacy between the Main Trunk and Brunswick Rail Road functionaries at Milledgevillc on the 16th and 17th. Eleven more billet shots passed between the high contracting parties, without apparent result. The ball is opened by H. G. Wheeler, President of the Brunswick Company, who in forms Mr. Screven that he (Mr. Wheeler) is there ready to receive communications. Mr, Screven asks if Sir. Wheeler is clothed with full powers to make and execute a release.— Mr. Wheeler says he is not. Mr. Screven then says he has no communication to make. Messrs. A. S. Atkinson, J. T. Hays and T, R. Bloom, then come forward and detail cer tain propositions in behalf of the Brunswick Company. Mr. Screven wants to know if they are submitted by the President. The Com mittee declare they are unconditionally ac cepted by him. Mr. Screven wants to hear from the President himself. Mr. Wheeler re plies that he has put his official signature to them. Mr. Screven rejoins, accepting some and rejecting others. Mr. Wheeler thereup on closes the correspondence by avowing that he has put himself in the bands of tbe Commit tee—committed himself to the terras they pro posed and cannot go behind those terms. The parties to this Main Trunk and Brunswick negotiation ought to take foreign appointments nt once, after they have concluded this busi ness. Their experience in diplomatic niceties should not be lost to the country. In the representative branch of tlic Tennessee Legislature, on Tuesday last, Mr. Maney introduced a resolution instructing the Senators and request ing Representatives in Congress from Tennessee to induce the passage of a law in Congress taxing bank bills of a less denomination than twenty-five dollars.—Charleston Mercury. tVe have contended, and some of the most dis tinguished Democrats in tho country have long maintained, that the chartering of banks by the States, with the power to issue notes or bilb of credit, is a clear and direct violation of a specific provision of the federal constitution. If Congress should comply witli Mr. Haney’s wishes, and tlic wishes of the very considerable number who think and who are dbposed to act with him, they would bo recognising not simply an unconstitutional cur rency, but a currency which owes its dangerous ex istence to tho immunity which lias attended and followed a violation of tlic constitution.— Wash ington Union. Why should not steps we initiated at once to bring tliis question before the Supreme Court and have determined ? Texas II. S. Senators. Hon. J. P. Henderson aud Hon. J. W. Hemphill have been elected to the United States Senate from Texas. The first we pre sume, to fill the vacancy occasioned by the nth of the lamented Rusk, and the second to succeed General Houston, whose term of office expires on the 3d of March, 1859. Anlrish gentlemen being asked some time since, what brought him to London, be an swered that he came to see the invisible girl. Okcfouokc Swamp. Tho Report of the official survey of the Oke- fonokee Swamp, made by 11. L. Hunter, Esq., under authority of an act passed by the last Legislature of Georgia, makes its entire length thirty- nine and onc-lialf miles—width, twenty- five aud a half miles, and area 400000 acres, of which 5,500 lie in Florida. 170,000 acres have been granted to individuals, and 225,000 still belong to the State. He reports the drainage practicable, at an expense of one million dol lars. From the analysis of soils furnished by Dr. Daniel Lee, and the Surveyor’s notes, a considerable portion could not in any event be made immediately productive. The best course for the State to pursue would be to invite propositions for drainage for compensation in goil. duty devolvir Exchange Bank of Griffin. The Chronicle &. Sentinel characterizes this institution as a wild-cat, primary facie, upon thefollowing list of Stockholders and direc tors : F. W. Shackleford, President... 20 shares. E. F. Nexsen, Cashier 20 “ H. L. McClung 20 •• L. S. Salmons 20 “ E. F. Steele 1,920 •• Trial Trip of the Adriatic. The new Collins steamer Adriatic made her trial trip on the 15th and satisfied all on board that she is the fastest steamship afloat. Her greatest speed was eighteen nautical and twen ty-one statute miles in an hour and four minu tes, using only about two-thirds of her availa ble steam, and about half laden. The Adriatic is tho largest steamship ever built in this country, and, without exception, the largest wooden vessel in the world. Her length is 354 feet; breadth of beam 50 feet; depth of hold, 33 feet 2 inches, and Custom House register, 5,889 tons. The beauty of her lines is unparalleled, and may well be con sidered the crowning monument of tho gen ius of George Steers. New York Banks---Resumption ! The statement of the New York City Banks for the week ending the 14th inst. foots up as follows : Loans $95,239,249; Specie $19,451,- 966; Circulation $6,258,652 ; nominal depos its $72,592,645. . Upon this showing the Her ald’s money article of the 16th remarks: “The Bank returns for the week ending Nov. 14, compared with those for the week previous, exhibit the following variations in tbe aggregates of the leading departments:— Decrease in loans and discounts S 626,994 Increase in specie, 2,959,814 Decrease in circulation 175,660 Increase in deposits, actual, 4,176,582 ThU statement show a most extraordinary state of things. The Banks are literally running over with bullion and coin. Our most extravagant estimates have been exceeded, and tbe increase is still going To tho Legislature orT^ 5 ^ Tho- Genllenu it .- \ ou have a solemn growing out of the pensions, which haveY 4u ( ''7 t y' cotton from 15 to 11 and IQ,- \\ as this Bank suspension j Ust ; g [7 : L- not, you are the proper tribunal in to punish, and to compel the Baal-,!” to the discharge of their obligati! ° * Banks assert that the North would?' ^ upon them—but the North coui a ^ Vent! claimed more than it held as fin,, D °‘ ^ the Banks would be under fair obi! • ^ pay as due. Moreover, where is thf' of any run by the North upon the Banks which have continued to pay| rT is none, and with specie in the North * ’ quarter per cent, premium,—there ° aI ’ T 1 none—there can be none. It i 3 stu g- C0U ' J ^ But their “funds are North!” i came they there ? Simply because tbit ^ chose to turn themselves into shavio-, 7^ buying and selling exchange, instead'tf! • the legitimate banking business for whilh! were chartered! Does this call f 0r .!? for votes of thanks? for legalizing no ^ ment ? ' on 'P*7- But we are told suspension must be ized” or wide spread ruin will ensue! 0' no wrong was ever insisted upon but to a greater alleged, evil-no pathof dntT* presented which was not to the eye of tl • id crowded with lions! This damn, have been anticipated and should ot! body. The Banks had no need to sur ?risct : . I U: i - A the first place, and in the second, if is not legalized you will see them shor -7 I resuming payment, and not a feather 4' | ruffled. If any of them break, the State ,jj in the long run, be the better for their bJ* ing. If you “legalize” suspension-U albji all round. Pass a stay law-giv e ^ ^ round, and let us have fair play and no f t- iteism. Why should Banks be nin^ w . I other classes to be relieved from the obli«&. j of debt ? But I trust that in no form sib £ Legislature of Georgia outrage public nxrij, I by legalizing the non-payment of debts ’ ONE OF THE PEOPLE. on. The St. Louis is in with 61,200,000 from Cali fornia ; the Ariel will be here in a day or two with $400,000. Here is an aggregate of 61,600,000 that will go into the Banks this week. The deposits show a large addition to the discounting basis, and yet the Banks show a contraction in loans. It is now estimated that the Banks can pay on demand fifty per cent of their liabilities in cash. This shows a strength unprecedented in the history of banking in tliis city. In the face of such facts, any further postponement of a resumption is the height of folly. It is our impression that before the close of the pre sent week tho Banks of this city will have virtually resumed specie payments.’’ IMPORTANT FROM KANSAS. THE CONSTITUTION TO BE SUBMITTED TO THE PEOPLE. St. Louis, Nov. 16, 1857. Kansas advices state that the constitution adopted by the Constitutional Convention was by a vote of 28 in favor of it to about a dozen against it. The whole number of delegates to the Convention was sixty,* consequently the constitution was adopted by a minority of the Convention. The majority and minority re ports of the Committee on a Schedule, were merged into one schedule. It provides for an election on the 21st of December, to ratify or reject the constitution, the voting to be by bal lot, and the votes cast to be endorsed “Consti tution with Slavery” and “Constitution with ont Slavery also for an election to be held on the first Monday in January next, for tbe election of State and Congressional tickets. The Lawrgnee correspondent of the “Dem ocrat" asserts that Gov. Walker brought from Washington a manuscript copy of the Kansas constitution, almost identical with the one adopted. The correspondent also says that no free State man will vote on tho 21st of De cember. Gen. Walker’s Destination. It is not exactly known what Gen. Walker’s destination is. A letter from New York to the Washington States says : Some think it not improbable that he may have gone to Yucatan, to take part with the revolutionists there against the government, with the ultimate purpose of proceeding to Nicaragua from that point. A glance at the map will show the peninsular of Yucatan pres ents a most inviting field for filibuster enter prise. Its best port is less than two days dis tance from New Orleans, and would be of im mense advantage to Walker as a depot for concentrating supplies of men and munitions of war, without danger of molestation from any foreign government, and quite beyond legal reach of that of the United States. Re cruits from California via Tehuantepec, could reach him there quite as leadiiy as from New Orleans. The Isle of Pines, celebrated in con nection with the Lopez expedition, is also near, and might be made of service again. If Walker has gone to Nicaragua, the steamer Fashion will outstrip the United States steamer Fulton without difficulty, so that there is little danger of his beirg over taken. The United States sloop of war Saratoga, well known to bo lying off the mouth of San Juan, will prove equally inefficient in efforts to intercept Walker and his men, for they can land at the mouth of the Colorado, (which is in fact a branch of the San Juan,) thirty miles distant from Greytown, and so pass up to and enter the latter river, long before the Saratoga can overtake them. The Kansas News. The Union of the 18th is iu ecstasies cv» the result of the labors of the Kansas Cons^ tutional Convention. Wc copy the mfe portion of its article below! KANSAS AND HER COXSTITUTIOX. ThevcxedquestionUsettled—the problem it so! rt i —the dread pointjof danger is passe'l— trouble about Kansas affairs is over and gone. Ka sas comes into tbe Union on tbe principle of thence I act which organized he aud Nebraska as terriLra governments. Another star ia added to the rent!; can constellation, not shining on scenes of i** conflagration, and blood, but lending its light t u t> peaceful pursuits of a contented and prosperoisi* pie. We lay before our readers this morning the lei; nle of the new constitution pepared by the cosh tion at Lecompton. The seheJde is that put oft, constitution which provides for the transuioa fra the system which now Is to that which is to be, in prescribes in what manner it shall become hiaia* as the fundamental law of the land. In thedS patches received a day or two since, this tempon.-; machinery, with which all new constitutions itiaih preceedeu, is called a provisional gnenntu,. some nervous persons perhaps were alarmed it revolutionary sounds of the words. It is the i scaffolding to bo used by the people while they putting up the permanent fabric of their rights, all then it will be used no more. In tbe mean tin:. the territorial laws remain in ful 1 force until the e» stitution takes their place, except in so far is schedule is used for carrying on the election. This schedule submits theconstitctiontotheais inhabitants of Kansas; acknowledges tbe pw:.-. tho new State to be the only tribunal that eta in fully determine what its domestic institstmiai be; and gives full, practical and fair efect u ij great principle of popular sove reignty. On the:.,: day of December next the electors majmeetstluj iroper places of voting and express their opfe y ballot on the question of slavery or no davsy.-j If a majority shall vote in favor of slavey, tie i provision which makes Kansas a Slavs State siliv main iu the constitution, and in thatshaps it villi laid before Congress. But if tbe greater nitcbe s ballots be cast the other way, that provision ibis stricken out, and then every negro in the Seme,» hereafter to go there, shall be free, except the b who are now there in the Icgsd condition of ur tude. Tbe special details of tho provisionsfortiliarl sense of the people, so f ir as we can judge of tic at u this distance, seem to ns admirably coutriredfr ] the purpose. If it shall not result in s true rip: 11 of the popular wishes, it will be the fault of tit j*- pie themselves. But we have no right to doahtdx | the election will be fairly conducted, orthatfel fcated party, whichever it may be, will, cheeiA submit to the will of the majority. It is barely possible that an ultra abolitiocisk- and there may take exception to the pgxrvision vbi S rotccts the slave property now in the Teni.’m- lut the justice and propriety of this is u dan noon-day. Let it be remembered th»t slire; n established in Kansas by the constitution, ui question is on the abolition ofit Shall it be sw? out of existence at a blow, without regard loth* cred rights of property T or shall it be gniul; * tiuguished 7 The Kansas Convention hu i-o* in tavor of the former course; and hss raoMj deal with it as all the other States in the Inks “ with it—that is, abolish it prospectively. Four days later from Europe. Arrival of tho Atlantic- -Half Penny Decline in Cotton Augusta, Nov. 22d. The Atlcntic arrived to-day with four days later intelligence from Liverpool. Her.commercial accounts are disastrous. A decline of one-half penny per pound is reported in Liverpool with very dull and still declining market. Sales of the four days 500 bales. Bank of England had raised her rates to ten per cent. Consols arc quoted at 89. Heavy failures are reported of American Houses in Liverpool. The Western Bank of Scotland had failed. Its deposits amounted to six millions pounds tcrling. Babcock &. Co., have also failed. Their Liverpool and New York liabilities, three hun dred pounds sterling. Several other failures involving a less amount, had occurred. LATEST NEWS. Intelligence reached Liverpool on Wednes day that tha city of Glasgow Bank had stopped that morning. It was also rumored in Liverpool that the ink of France had stopped; probably grew out of its advancing the rate of discount.’ Liverpool, \\ ednesday, 3 p. m.—Cotton is depressed and prices lower. A sale of 2,000 bales was made on account. Breadstuff's were very dull. Consols quoted at 90 for account. INDIA NEWS. The fall of Delhi is continued. The King surrendered and his life was spared. Two of sons wetc shot. Lucknow has been relieved by Havelock, just as the mutineers were ready to blow it tip. en. Neil, of the British army was killed. A shrewd Scottish Spinster of * LAST CENTURY. In Arith there lived a spinster, who ko count as many golden guineas as ever ‘•’H- Fowler” could. Beside this spinister tb also lived a bachelor cf somewhat p«®® ous habits, and he passionately food of - yellow “Geordies.” After the necessary tity of billing and cooing, this pair get married. Bat such was the love for gold that the day before tbe marnu- when chuckling over his good forftme, could not suppress his insatiable desire t®l some of his neighbors, who immediate, and informed his intended spqnse. upon reparing to the church, Mr. Hewi:*- clergyman, after having gone ^ :roa =:7 usual forms aud preliminaries, requests to join hands; but what was the astoni: of both clergymen and company, to see- bride offer the bridegroom her pocket “7 of her hand. Thinking there might be misunderstanding, Mr. Hewitt againreq them to join hands, but this as well ^ . request met with the same pautomioit ny. Mr. H. was at last under the neccssi J.. i ing for an explanation, to which the . once replied, “ It’s no me he wants i . pouch. He can marry it if he likes, *, \ never marry me;” upon curtseyed, turned on her heel, e tonished and bewildered bridegroom with outshot eyes and open mout can fancy to ourselves, exclaiming something akin to that of the Glasg 0 7... —“Ma conacience! but the women :ir customers ?” . _ Funky.—A few days since a boy ™ jfi •o’ the cars on the ing thro - me ears ou iu» ——. ? „ road, handing out advertisements to -Wear;” flhtstnted. A lady re . J gentleman; - “That takes off tlm u _ pose.” “No,” said her friend, ^ ]£| off their dresses.” “Then. rc P ,, .jj jt!’| is it proper that a stripping sn 1 A little urchin, some two or tbreey«^ „ being a little distance from the hous e ' ^ J 11,• 11iv : ...rii d by a clap °‘ 5“ much frightened, and made r p ofJ :' the. house- Betas the shed w |( j^ hotter.!be catered it, and look at the clouds, cxclamicu away, I’m under the shed !’ A remarkably ngiy man, a? 00 ly, said to a late Philadeipma ' “r wit etioiurii for i-wry:. ' . Why. Smith. i;mv : I er pay tho debt of nature* ^ j sill dry up and blow away- - , v ; I will pay that debt, at all events, • nature so little.” to 1 ’ !ii< ‘ I “When a woman,” says - cd’l has once married with a .. Vwi lier nd one that beats rcsnon.-ib- 1 ' w| will never want to enter tin ! igain*