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niffklD Jfntrtligrnrrr. ATLAyTA,GEORGIA, Wodnetday, January SI, 1893. Itatioaal Baafca. In another column our readers will find a sum mary of the provisions and guarantees, upon which the present system of National Banking is based, prepared by the Memphis Appeal, and published recently in that paper. Appended i hereto the reader will also find the conclusions at which that journal arrives, in reference to the system itself, with Which we agree in the main. The article as a whole is an interesting one, cal culated to convey to the reader “down South” much valuable information in regard to this new system of banking, which, to most of us is a nov elty, as we have seen and know but little of its practical operations, while at the North, they are familiar to all engaged in commerce or other business operations. As the matter of interest and usury is now one of grave consideration with our people, and is being legislated upon by the representatives of the people at Milledgevillc, it perhaps would not be amiss for the latter to note one fact connected with this banking system, to-wit: that the rate of interest permitted them, is to 1x5 regulated -by the laws of the State wherein the association may reside, and if it be not fixed by such laws, the act allows seven per cent, only per annum as .the rate of interest.— Such lxiing the case, it would be well for those upon whom the duty is imposed of regulating this matter, to do so with an eye to the monetary condition of the South and onr State in tlieir present depressed condition; the necessity that exists for the introduction of foreign capital into tlicm, which, it will scarcely be denied, will not tie introduced into this or any other Southern State, in the alwence of a fixed rate of interest exceeding that heretofore prescribed as being lawful. The reason is plain. Money will seek the I>est market. Capital will not be invested in loans South, when the capitalists can secure a higher rate elsewhere. In the framing, there fore, of the interest or usury laws, this matter should lie gravely considered and wisely l«.x-r- ■nined. That an impetus will be given to all business pursuits in the South, to all improve ments or enterprises, or they will all be depress ed, as this question is settled, is plain to ereiy intelligent man. We live in a new era, and must look well to what it calls for in a financial, as well ns in every other sense. The present de pressed condition of the money market in our midst, demands that the rate of interest be in creased. Money is worth more now to our peo ple than it has ever been worth before, and it is the part of wisdom to invite, and not drive it away from those whose industry and enterprise will enable them to use it at such rates of inter est :is, in the exercise oi their judgment, they propose to pay for its use. The fact is, it is our conscientious belief, that the rate of interest to lie paid for money borrowed, should lie a matter of special contract between the borrower and 1 lie lender, and so leil by the law, while, in all other crises, the rate of interest fixed by law should at the present time exceed what it has ever been in the State. Tine most reactionary of tlio conservative pa pers in Europe begin to admit the failure ofNa- poleon’s scheme of a Mexican Empire. Thus the London Sit unlay lievieu) remarks that Maxi milian lias not gained a tittle of success, and is now as dependent on the support of Napoleon’s troops as he was when he first entered the coun try. It says: “whatever may be the decision of the Emperor of the French, the fallot the Mexi can empire, if it does fall, will probably be due, not so much to political causes extraneous to it self, as to its own inherent difficulties. If‘the Mexican empire were getting on very well, if it were making way in the country, if it were at tracting capital and establishing a settled state* of society, mid if it were lieginning to pay its way and gel mi urmy of its own, the French might easily retire, and the Americans would scarcely interfere with a happy, peaceful, flour isliing community, simply because it chose to be governed by a very liberal Emperor. But the Mexican empire is not getting on well. It does not attract capital; it docs not secure the wel come arrival of immigrants; it is not heartily supported by the Mexicans; its revenue does not increase in proportion to the increase of its debt; it canuot enlist a native army on which it can rely." A meeting of the stockholders of the National Exprcas Company, was held in Richmond on Tuesday, lor the purpose of reorganizing under the amended charter. Mr. Hugh W. Slietfy was culled to the chair, and General Moore acted as secretary. The chairman stated the purpose lor Which the meeting had assembled, and the trea surer made a statement, showing that $133,000 had licen paid in, and over $4,830,000 subscribed. General Joseph E. Johnston was unanimously re-elected President, with the old Board of Direc tors. The secretary reported the following as tlie list of salaries agreed upon: President, $10,000; Superintendent, $4,0000; Secretary, $3,000; Treasurer, $3,r>00; Agent at Richmond, $1,500; Clerks and Messengers, from $50 to $73 per month. l ? l>on a motion to reduce the President’s salary from $10,000 to $0,000, a protracted debate sprung up, which was finally^put an end to by the author of the resolution moving to lay the whole matter on the table. Admiral. Paukja, commanding the Spanish squadron oft the coast ot Chili, committed sui cide on December 3d, 1865. He had sent a ves sel, the Covadonga, with dispatches to the Isth mus. Stic was captured by the Chilians, Nov. 26 ; Pareja was informed ot it on the 28tli. On the 29tli, utter brooding some 30 hours over the disgrace, the rejxirt of a pistol was heard in the cabin, and ujion entering, he was found dead, shot by his own imnd, through the right temple. On liis table a paper was found, written in a firm hand, directing that his body should be sunk out of the Chilian waters. It is understood from a dispatch to the Balti more Sun, that another delegation of Radicals have visited the President to convince him of the error of his policy, but the Executive was very determined in the utterance of his views, and en tirely consistent with what he has heretofore ex pressed—in fact, their visitations cannot but lie offensive. The President is not a subject for proselytism. Sagacious men think that the body of the Radicals have determined to lie unyield ing. The appointment of Win. M. Wadley Presi dent of the Central Railroad, says the Macon Telegraph, has proved a good investment for the stockholders, who have made by it more in ten - days than they will pay out as his salary in ten years. The liigh reputation of Mr. Wadley as a railroad manager gave immediate buoyancy to the company’s stock, causing it to advance in the market Irom (58 to 75 cents. The Comptroller of Currency has written a letter, dated 8tli insL, in which he states that “The First National Bank of Attica” is the only National Bank that has failed under the National system. Capital $50,000, circulation $45,000, re ceivable by all National Bauks in the United States atjMir, and redeemable in lawful money upon presentation at the Treasury of the United States. From tiie Legislative proceedings in our pa per this morning, it will be seen that Judges of the Supreme Court were elected on Friday last. The successful gentlemen are Hon. Iverson L. Harris, ot Baldwin, and Hon. Dawson A. Walk er, of Whitfield county. The Western papers are complaining that it costs two bushels of corn to send one to market, a distance of one hundred miles; one hundred bushels to get a pair of boots; one thousand bush els to get a suit of clothes; and two tons of com lor one ton of coal. From further information upon the •■kjoct of disturbances upon the Rio Grande, It appears that the troops making the incursion in Mexico were not in the service of the United States, as was at first supposed, but were of an organiza tion, formed by General Crawford, late of the United States army, and now in the service of the Juarez Government in Mexico. The following is a copy of commissions issued by General Crawford to men in Texas, where, under a com mission from the Liberal Government, he has been enlisting and otganizing a division: Mexican Republic, American Division, ) Near Matamoras, Mexico. j The Mexican Government having duly author ized Major General Crawford to raise and equip a division of troops for the Mexican service, and to appoint the officers of said division, you are hereby appointed Captain, and authorized to raise a company of sixty men. A. F. Reed, Chief of Staff. Under such circumstances troops were enlisted, and lie was enabled to make the demonstration we have noticed. The complications resulting from this movement will be scarcely less serious than if it had been made by troops in the service of our Government. It is not to be supposed that, in that event, it would have been author ized, and the only difficulty would have been in repudiating the act to a Government whose ex istence we hare refused to recognize. But, in this case, it will appear that the territory of the United States has been used as a theatre for the display of a hostile movement against the Maxi milian Government in Mexico, of which it will be difficult to show that our authorities were not cognizant; and if explanations were possible, it is not certain that they would bo more easy or more satisfactory in the one case than in the other. TniNos ark “done up” in Havana in a funny and romantic style. A gentleman writing from there says the foreign coterie is discussing a de cidedly spicy affair of the heart! There is a Spanish law by which a young man having an income of fifty dollars per month and wishing to marry a young lady, a minor, and unable to ob tain her parent's consent, can have her deposited in the house of a mutual friend till the marriage ceremony is jierformed. Well, a young Cuban having made a passage to New York and back with the family of one of our American resi dents, fell in love with the daughter and is de termined to maray her, if possible, in spite of the opposition of the parents. An order has been issued to have the damsel deposited, but is still in abeyance, the father having applied to the Captain General through bis counsel. Each new phase of the case is eagerly discussed and all de sire to see tiie sequel. Letters from Vera Cruz to the 13th say the greatest, drawback to the Empire is the stringency of money. It has no exchequer, nor means of forming one. No sooner have a few dollars ac cumulated in the custom-houses at Vera Cruz and other ports, than they arc checked for by the Minister of Finance and withdrawn. The offi cers of the government do not even receive their pay with any regularity, and several have resign ed on that account. Appropriations for public services on works of public utility can not be collected, and decrees remain, in fact, null and void. In the case of the appropriation of two million dollara for the Emigration Bureau, the decree announcing it was signed without any ex act knowledge of the manner in which that amount was to be procured, or any sign that it Lvas to be supplied at all. Tiie coolest operation yet, says the Augus ta Chronicle, that has transpired in this vicinity, took place on Friday afternoou. As Gen. King, accompanied by his wife, and a gentleman named Bailie and liis wife, were riding on one of the roads leading from the city, about two miles out, they were stopped and three of the horses taken from them by highway robbers. The general was riding with Mrs. B. in a buggy, aud Mr. B. and Mrs. K. on horseback. The robbers permit ted Mrs. K. to keep her horse. They also left one of their own. Both the general and his friend were unarmed. This certainly is the cool cst operation yet. Well may we inquire, “what next?” Nothing, no matter how novel or how outrageous, will surprise us. The marriage of Mrs. Stephen A. Douglas to General Robert Williams, U. S. A., says the Washington Union, which lias been the occasion of no little excitement in the fashionable world, took place last evening at the residence of the bride, Douglas Place, New Jersey avenue, Rev. Father Lynch officiating, assisted by Rev. Father McGuire, of Georgetown College. select com pany of invited guests was present, including Hon. Edwin M. Stanton and lady, General Grant and lady, Hon. Thomas A. Scott and lady, and many' oilier prominent civil and military digni taries. We wish the happy couple all possible joy. ^ The Government is doing a big business at Fortress Monroe, says a letter from there. “Fifty thousand dollars worth of machineiy put up since 1 wrote you ; we do nothing but build gun carriages. The fortress is being put on a strict war footing. All the guns have been taken out of the water batteiy, and the most approved armament put in; nothing smaller than two hun dred pound rifled guns now; no smooth-bored to be used. Fort Wool is also progressing rapidly; all tlic buildings on the point are to be taken down, and I don’t know what all won’t be done before the thing is completed.” A Washington dispatch to the Cincinnati Gazette says : While there is no question as to the ultimate passage by the Senate of the negro suffrage bill, there is a probability that it will be amended by that body so as to make any inter ference in. the elections here a misdemeanor, punishable with a heavy fine and imprisonment. Several of the Radical Senators express their determination to iusist upon the adoption of such a clause, and also a complete change in the District registry laws. A severe blow for our sister city of Colum bus is contained in the following statement we find in the Savannah Herald. “We learn that orders have been received here for the imme diate departure of four companies of the 103d U. S. C. T., for Columbus, Ga. Two of the companies a present stationed at Fort Pulaski, and two now at Thomasville ipakc up the de- taemnent, which will lie under the command of Jl<>1. Bogart.” ♦- The Hon. Cuas. Sumner received a little box at liis rooms in Washington some days ago, containing a human finger (colored) accompani ed by the following note : ‘You old sou of a , I send you a piece of your friend’s finger. If your bill passes, I will have a piece of your body. A Union Man.” The Washington Qhroniele says no clue has lieen discovered to the strange missive and its still stranger accompaniment. A Washington dispatch says: “It is under stood that the Committee on Banking and Cur rency ivill report unfavorably upon the petition placing the notes of»the National Banks on the same legal tender basis as greenbacks. The ten per cent, tax on the late tuuiks will not be re pealed, and all petitions having that object in view will simply lie a waste of labor.” “General” R. Clay Crawford, the filibuster, was arrested at New Orleans, last Tuesday night, by order of General Sheridan. Crawford was on board the steamer Continental, bound for New York. He w as consigned to Fort Jackson for safe keeping. There arc three millions slaves in Brazil, and the Parliament is now occupied with the consi deration of measures increasing their privileges, bulking to emancipation as early us the interests of the country will allow. The Government him long been extremely desirous of putting an end to the external slave trade, and its cruisers have efleciually abolished it. The Brazilians are said to be anxious to see slavery extinguished from their shores. Georgia legislature OUS SPECIAL CORRESPOSDKSCE. Mili-edgetillf., Jan. 35, 1866. SENATE. The Senate met at 10 o’clock, A. M. Mr. Redding moved the reconsideration of the action of the Senate on yesterday, fixing the time of certain election. The motion prevailed. The resolution was amended so as to bring on the election of Judges of the Supreme Court on Friday, 36th instant, and the election of United States Senators on Tuesday next The Senate resumed the consideration of the bill to abolish the penitentiary system of punish ment. Alter considerable discussion the bill was lost by a vote 19 to 21. Mr. Barwick introduced a bill to alter section 3188, of the code. Mr. Dickey. A bill to incorporate the North Georgia Mining and Manufacturing Company. Mr. J. F. Johnson. A resolution declaring tliat the change bills of the Westem and Atlantic Roilroad shall be received for fare and freight on said road. Mr. Parriss. A bill to incorporate the Chero kee Mining & Manufacturing Company, capi tal stock $350,000, subject to increase to $5,000,- 000. Mr. Quillian. A bill to incorporate the Ken- nesaw Mining Company, capital stock $500,000, may be increased to $5,000,000. Mr. C. H. Smith. A bill to incorporate the Home Insurance Company, of Atlanta. Mr. Griffin. A bill to authorize Ordinaries to issue letters testamentary in certain cases. Mr v Byington was allowed to record his vote in opposition to the bill abolishing the Peniten tiary. A resolution was referred to the Finance Com mittee proposing to make arrangements for pay ing the State’s tax of $500,000 to the United States. Mr. Butler’s resolution in regard to making provision for the maintenance of old and decre- pid colored persons, was referred to the Judicia ry Committee. The bill for the relief of the heirs of Alary A. West, of Stewart county. She had left money to be laid out in the purchase of negroes. An amendment was offered to the bill making it general, and the whole subject was made the or der of the the day for Wednesday next. The Senate then adjourned. HOUSE. The House met at 9 o’clock and was opened with prayer by the Chaplain. After the journal was read, Mr. Kirby moved that the regular order of the day to take up the report of the special committee for the abol ishment of the Penitentiary be dispensed with for the present. The motion prevailed Mr. Harrison, of Chatham, moved to take up the resolution of the House fixing the hours of meeting of the same. The motion did not pre vail. A message was received from the Governor stating the need for provision by the Legislature tor the payment of an additional Secretary in the Executive Department. Referred to Com mittee on Finance. The message of the Governor received yester day was taken up and read. The Governor returns the bill for the incorporation of the Ga zelle Fire Company and the Gazelle Hose Com pany of the city of Augusta without approval. The objection of the Governor is based upon the unconstitutionality of such an approval. The House proceeded to dispose ot bills on third reading: A bill to change the time of meet ing of Courts of Ordinary from the second Mon day in Januaiy to the first. Passed. A bill to compensate petit jurors in Wilcox county.— Passed. A bill to allow the Superior Court of Pulaski county to levy and collect a tax to build a conrt house and jail in said county.— Passed. The House concurred in the Senate’s substi tute for the resolution of the House bringing on the election of Supreme Judges on Friday next, the 36th, and that of United States Senators on Tuesday next, the 30th. A bill to regulate the distribution ot the com mon school fund for the county of Echols. Re ferred to Committee on Public Education. A bill to authorize and require the Treasurer of the State to make certain advances, and for other purposes. It was amended by the Committe on Finance to exclude the officers and clerks, and as amended was passed. A hill to alter and amend an act incorporating the town of Dawson, in Terrell county. Passed. A bill to authorize the sale of the exile camp, in Terrell county.— Passed. A bill to regulate the rates of passage and freight on the several railroads of this State, and punish for a violation of the same. Passed. A bill to alter and amend section 2102 ot article 3d, part 3d, cTxle to agree with section 1980.— Passed. * The House then adjourned till 9 o’clock to morrow. N. SENATE. Mili.edokvii.le, January 26,1866. The Senate met at 10 o’clock A. M., and after prayer and reading of the journal, on being noti fied, they repaired to the Representative Hall for the election of Judges of the Supreme Court. After the election was over they retired to their chamber, and on motion adjourned. HOUSE. The House met pursuant to adjournment, and prayer was offered. The journal was read. Mr. Glenn, of Whitfield, gave notice that he would call for a reconsideration of so much of the journal as relates to the passage of the bill rela ting to the Dalton Medical College. The motion prevailed. Mr. Hardeman, of Bibb, moved to reconsider so much of the journal as relates to the fixing of the rates of passage and freight on the several Railroads of the State. The motion was lost. Mr, Dodson, of Catoosa. A bill to pardon Cor- ra T. Wild, from the Penitentiary. new matter. Mr. Dart, of Glynn. A bill to repeal certain acts; also a bill to. authorize the Trustees of Glynn County Academy to sell the Academy, and to protect the property of the same; also a bill to repeal an act incorporating the town of- Brunswick. Mr. Alexander, of Houston. A bill to amend section 349 ot the Code of Georgia. Mr. McCullough of Jones. A bill to transler the power ot control of the Western & Atlantic Railroad to commissioners elected by the peo ple. Mr. Frazier of Liberty. A bill to exempt the counties of Liberty and McIntosh from State tax for the year 1S66. Mr. Johnson of Pierce. A bill to amend the act incorporating the town of Blackshear in the county of Pierce. Mr. Stewart of Spalding. A bill to require cost to be paid in advance in certain cases. Mr. Asbury of Taliaferro. A bill to regulate the liquor traffic in Taliaferro county. Mr. Ridley of Troup presented a petition from O. A. Bull, of the county of Troup, asking pay ment of bis salary—$4,000—as Judge of the Su perior Court. Referred to the Judiciary Com mittee. Mr. Sumner of Ware. A bill to authorize the Justice of the Peace of District to hold-jus- tices courts at Glennmore, on the Gulf Railroad. Mr. Cabaniss of Monroe. A bill to authorize the Judges of the Inferior Court to designate place of holding theit courts iu the counties where the court houses have been destroyed. Mr. Williams of Bulloch. A bill to autltorize the Justices of the Inferior Court to levy aud col lect a tax to build a court house and bridges in said connty. Mr. Harrison of Chatham. A bill to authorize Chatham Academy and Free School to sell their interest in certain lands. Bills on third reading passed: a bill to make all civil soils, writs, and processes returnable to the October term of the Superior Court of Hous ton county, returnable to the February term, of 1866; a bill to alter and amend the road laws of this State, changing the Code of Georgia to our altered condition, socially—all whites liable to road duty from the ages of 18 and 45, and color ed persons from 16 to 60. The hour for the election, by the General As sembly, of Supreme Judges having arrived Messrs. Benning, Lyon and Walker were put in nomination for the long term. On the first ballot Benning received 70; Lyon 50; Walker 78. On the second ballot Running received 87; Walker 95; Lyon 19. On the third ballot the name of Judge Lyon was withdrawn by Mr. Lawson, of Putnam.— The third ballot resulted as follows: Benning 78; Walker 104. Judge Walk A was declared duly elected. The General Assembly then proceeded to bal lot for Judge of the Supreme Court for the short term, when the names of&E Clark, L L. Har ris, Hiram Warner, John Schley and Barnard Hill were put in nomination The first ballot resulted as follows: Harris 84; Warner 59; Schley 18; R. H. Clark 33, and Barnard Hill 19. On the second ballot Harris 103 ; Warner 55; Schley 11; R. H. Clark 23; Barnard Hill 12 — J udge Harris was declared duly elected. The House adjourned till 10 o’clock to-mor row. N. Milledgevtlle, Jan. 37,1866. SENATE. The Senate met 10 o’clock, A. M. Mr. Turner moved to reconsider tl\e bill, lost on yesterday, for the relief of Arthur Hutchin son. Passed. The bill to punish seduction with death, was laid on the table for the present. Mr. J. A. W. Johnson offered a resolution for the appointment of a joint committee of the two Houses, to visit Stone Mountain to see what ar rangements can be made for the establishment of a State Penitentiary at that place. Leave of absence was granted Messrs. Mims and Gresham lor a few days. Mr. Bedford introduced a bill to define and punish capital and minor offenses, when commit ted by persons of color. The bill defines as cap ital offenses punishable with death ; insurrection or attempting to excite it; poisoning, or attempt ing to poison; rape on white, or colored females; assault on a white person with attempt to kill; maiming; burglary; arson of any description; murder of any person; robbery by open force.— The bill provides to punish minor offenses with corporal punishment, in the judgment of the court. Mr. Brown. A bill to provide for the payment of officers presiding at the polls. Mr. Owens. A bill to repeal section 2635 of the Code and to substitute another therefor. Mr. Strozier. A bill te incorporate the town of Smithville. Bills were then read a second time, and House bills the first time. The Senate, on motion of Mr. Redding, ad joumed till 104 o’clock, Monday morning. HOUSE. The House met at 9 o’clock. Prayer by the Chaplain and the journal read. Mr. Dorsey, of Hall, moved to re-cousider so much of the journal as relates to the fixing the ages of persons subject to road duty. The mo tion prevailed. Mr. Pottle, of Warren, moved to take up the bill in relation to Willis Wynn, of the connty of Warren. The motion prevailed, and the bill was withdrawn. Leave of absence was granted Messrs. Brown of Houston, and Ford of Worth, for a few days on important business. Bills on third reading were taken up. A bill to fix the salaries of Judges and other officers in the State of Georgia. On motion to strike out $500 as salary of the Attorneys and Solicitors General and insert $325, the yeas and nays were called, and resulted in yeas 74 and nays 74—the Speaker voting in the negative the motion was lost. Under this bill the salary of Judges of the Supreme Court is fixed at $3,500; Judges of Superior Courts $3,500; Solicitors General $500. Salary of Secretaries of the Exec utive Department $1800, and salary of Gover nor’s Messenger $950. Eor the relief of T. W. Fleming and all others similarly situated. Alter a lengthy debate the previous question was called for and sustained, and the bill put upon its passage and lost. new'MATTER. By Mr. Ridley of Troup. A bill to prevent the spread of small pox in this State. Leave of absence wias granted Mr. Hollis of Marion. House adjourned till 9 o’clock Monday morn ing. N. “Poll Drew” to America. The New York correspondent of the London Spectator tells the following pleasant tale: “The same woman will be at the opera on one evening in full dress in a private box, at the next performance in the stalls or the parquette, with arms, shoulders and head all uncovered. A lady whom I knew had rather an unpleasant experi ence in an attempt some years ago to disregard the tacit understanding among the sex in regard to dinner dress at hotels. She belonged to an ultra-fashionable set, and having married a South Carolina planter, soon adopted what we call ‘plantation manners,’ and affected no little scorn of simple-mannered, reserved New England folks. She was at Newport, our great sea-side watering- place, and having just returned from Europe, took great airs upon herself. One evening, at the tea-table, a gentleman sat down near ber, and the butter-plate before him happening to have no butter-knife by it at the moment, he, instead of calling the waiter and waiting for one to lie brought, used his own perfectly fresh, bright knife to take a bit of butter. . He was a man of culture and social standing, but a Yankee, and one whose social pretensions sLe wished to flout. She seized the opportunity, and calling a waiter, said, in an elaborately subdued, but decided tone, ‘Take away that butter. The gentleman has had his knife in it’ He took no notice of the remark which drew all eyes upon him and upon the lady; but by and by she stretched out her hand and took from the plate some chipped dried beef, which stood between her and her vic tim. This was well enough, of course; but he turned at once, and, calling a waiter, said, only as if he were asking for more tea, ‘Take away that dried beef, this lady has had her fin gers in it.’ In the encounter, such as it was, he was thought to have had the best of it, and she did not forgive or forget. So a few days after wards (1 should have mentioned that there was the slightest possible acquaintance between them) they being at dinner, she conspicuous in the full dress she had adopted since her tour to Europe, aud which was so very ‘full’ that it would have attracted attention uider any circumstances, took one from a dish of fresh figs before her, and put ting it on a plate, handed It to him with an ex pression of complaisance, but saying in a tone of unmistakable significance, which could be heard all around her, ‘A fig for you, sir.’ He accepted it graciously, and taking in his turn a leaf from the garniture of the dish, offered it to her with ‘A fig-leaf for yon, madam.’ She fled the table, and kept her room until her intended victim left the hotel. It was generally agreed that he had done what a gentleman would shrink from do ing, but the provocation was snch that he was held guiltless of offense, and applauded for his wit; aud nobody, except, perhaps a few of her slaveholding friends, pitied her. This is the last instance that I know ot, of a lady's appearance in full dress at a public table. But I am told that within the last three years it is coming more in fashion among' the ‘fastest’ sets at the bight of the season at Saratoga, and one or two others of onr great watering plains.’ Ludicrous Incident.—One evening recently, Miss Mary Meredith, in preparing the articles of dress necessary for her impersonation of Panline, in the “Lady of Lyons,” at the Newbem, (N. C.) theatre, accidentally omitted to put into her bas ket a pair of shoes. Site did not discover the omission until after sh‘e reached the theatre, and was nearly ready to go on. There was time to repair the error if the little darkey who waited upon her would hurry back to her lodgings and get them at once, so the servant was immediately sent. But the curtrin rose on the first act before the lirtle darkey returned, and Beauseant, (Mr. Rogers,) was doing tiie agreeable in his best style to the fair Pauline, (Miss Meredith) when he and the audience were both somewhat surprised by the appearance on tiie stage of a character not mentioned in the bills. It wps the little negro, who advancing across the stage to where Pauline was sitting, presented the shoes, neatly wrapped np, saying, “I run all de way. Miss Maiy, hut I guess dese is uni!” It is needless to say the "bouse” screamed. ;th Throsch Northern Spectacles. We have no patience with itinerant correspon dents, yet that our readers may see how we are viewed by Northern men—at least, such of them who travel among us and write letters back to their papers—we publish the following speci men. This letter clearly exhibits decided sec tional preconceptions, which impart a spirit of unfairness to bis ideas and statements; while at the same time he shows a disposition to deal foiriy with the South so far as he is capable of understanding us. The letter is sent from Rich mond to the New York Times. It says: So far a correct opinion of “Southern feeling” is almost an absolute impossibility, tor it is as changeable as the coast tide, now funning high over the grounds of loyalty, and again receding to the dark ocean of treason. Much depends upon the person seeking to develop it, for, as would naturally be expected, the people here are veiy sore on matters connected with the history of the past five years and their bearing on the present. Commence tout inquiries with the word rebel, and ten to Sne you Avill find yourself talking to a rebel; while,’if you use the word Confederate or Southerner, you will nearly al ways discover conservative opinions. Speak of Mr. Sumner or Thad. Stevens, and you will lie overwhelmed with an avalanche of expletives denouncing the whole North as blood-thirsty vi olators of the constitution ; which, however, is readily changed to commendation, and advances toward concuiation by the mere mention of Pre sident Johnson and his beneficent policy. A “Red Republican” is greeted here with exhibi tions of disloyalty, engendered by dislike; but a supporter of the President will find boon fide ev idences of a contrary condition, and it is most always kindly received. President Lincoln’s name is rarely mentioned here, and I have never heard it brought forward in a disrespectful man ner by a sober man. The Emancipation Procla mation, the Freedmcn’s Bureau, and other con comitants of the war, elicit various phases of wrath and praise, but there is always a qualifi cation of submission to the will oi the “powers tliat be.” Gen. Grant is respected with a respect different from that which is rendered as homage to a successful man, for he is considered a mag nanimous conqueror, who bus been consistent in his magnanimity from the surrender of Lee up to the present time. Jeff. Davis and other lead- era of the rebellion are looked upon in a differ ent light by different people; but the desire for tbeir unconditional pardon is almost unanimous. Lee, Johnston and Stonewall Jackson are loved by the entire people, and the latter is always spoken of as a true representative man of the South. The number of original Union men in Virgi nia is claimed to have been large; but it is cer tain that the number who stood out for their principles to the bitter end was insignificant, and aid not include much ot the State. It is said that Virginia honestly tried to act the part of media tor at the commencement of the struggle, and that the great majority of her citizens reluctantly left the Union, when forced out by the first call for troops. This same statement is to be heard in every Southern State east of the Mississippi, except South Carolina, and in all those States it will be seen that the sirnon pare Unionists are hated, more or iess, by those who engaged in the war. All praise to the staunch and true, though few they are, who suffered for tlieir principles, as the Unionists in the South only have suffered, and it is their great misfortune that they were not able to keep control of their State governments. As it is they have been set aside, and the majority who now have the upper hand treat them with a bitterness and rancor of feeling which would nat urally lead an observer to the belief tliat they are criminals. But this treatment of Union men is influenced more by personal enmity than any thing else, and has but little bearing as regards the principles of the victims. There are, most assuredly, those who are inclined to persecute Union men on account of their loyalty, but they are few in numbers, and are, for the most part, contemptible, hot-headed fanatics, who have but a small influence. In short, the W r ar men of the Soutli are jealous of the native Union men be cause they were not whipped witli them, and the majority seem to have an idea that they were craven-hearted, when, in fact, it required more true courage to breast the tide of public opinion than to go with it. It is too much tiie general inclination of the North to suppose that because a man lias been a rebel, he is one now. Unwittingly many good men do violence to common humanity by such hasty judgment. Because a man has lost a law suit, there is no reason why he should not submit to the decision of the court. Although he may tkink that the decision is unjust, be will, if lie is not a fanatic, acquiesce, and grin and bear his supposed wrongs. So it is In the South. All, except the fanatics, are obedient to the will of the government, and the overpowering decision of the arbitrament of arras. I do not pretend to say that the so-called principles of the rebellion have been whipped out of the minds of the peo ple, for such a thing is impossible. Tbeir convic tions as to right and wrong remain undisturbed, and will until they go to tlieir graves. Regarding States Rights, I think that the opinions enter tained by the thinking masses previous to the war still predominate in their minds; but I do not hesitate to predict that the majority are wil ling to abandon them in the future as matters finally adjudicated by the war, and that no at tempt will ever again be made, based on the doc trine of secession, for any object whatever, lie guiding the freedman, the people of the South have tried, and probably will continue to try, to secure as much power over them as they can, and in doing so, will of course, resort to rounda bout means, and perhaps oppressive laws, therein following an example prominently brought be fore them in the far-fetched theorizing of the np holders ot the territorial theory. Nevertheless there is a liberal spirit, generated by pity for the unfortunate freedmen, which will always oppose itself •against injustice toward them, and attempt to advance and alleviate their condition. Regarding the rebellion, the reconstructed par ticipants see nothing in it which they are ashamed of, so far as mere fighting is concerned; but they take pains to cover up and palliate the dark spots of the record. The burning of Richmond, the disgraceful horrors of Andereonville, Belle Island and Libby Prison are subjects rarely talked of, and although there was a generally expressed sympathy throughout the whole South for Wirz when lie was executed, it requires no great amount of discernment to see that, if the execu tion had not cast discredit upou their lost cause, the people would have unanimously applauded it. The trial of Davis is p irticularly obnoxious to them, liecause it will unearth the shameful im becility and crifelty of tbeir attempted govern ment. There is but little sympathy for him as a man, but as the representative of tlieir defunct Confederacy, they will dislike to see him held to account for the treason in which they were par ticipants. The fact that the people of the South have, by their lailure in what they are pleased to style “the revolution,” become criminals in the sight of the law, is humiliating, and the natural se quence of tlieir Criminality—application for par don—is a blow to tlieir pride, from which ttiey are slowly recovering. The anxiety to obtain pardons, however, ig somewhat abated by the uncertain condition in which the Southern States find themselves since the meeting of Congress. The future, politically speaking, of the South is undoubtedly clouded, and exerts an influence which is anything but conducive to restoration, by fostering the feeling of despondency produced by the termination of the war, and there are many who seem to have lost all interest in public affairs. It is an ordinary thing here to hear men declare that they will never vote again. How long tliis feeling will last, I do not pretend to say, but certain it is that it exists now. None save prejudiced and interested observers will pretend to deny the existence of a deep and unconquered feeling of animosity' against the government on the part of some of the South ern people. • It is to be found in a certain class of men. But this disaffected and disloyal ele ment does not comprise a large number of peo ple, and does include most of tiie “bomb-proofs,” and exempts from active service during the war. Thev are the “fanatics” who do not submit to the decision. The President’s Family.—A Washington letter, speaking of the family now at the White House, says: I assure you that Andrew Johnson wears the Presidential robes as gracefully as any of his and both of his daughters are pop ular here on account of their unostentatious man ners, modest disposition and perfect good taste. Mrs. Patterson, the elder, and wife of the able and amiable Senator, is particularly popular, be cause, perhaps, better known than her younger sister. Her husband has made hosts of friends everywhere. In fact, since the dismissal of Gen. Massey, who was not generally liked, the White House family has increased in lavor every day among citizens and visitors. Another letter furnishes the following inci dent: The President’s two daughters—Mrs. Patter son. and Mrs. Stover—were modest in their ap pearance, yet were not overwhelmed by the splendor of tlieir position. Everybody is prais ing them for tbeir simplicity and naturalness.— One of the most prominent of the fashionable women of Washington called upon them one day last week, and was talking over the winter and its prospects with Mrs. Pattereon, when she re marked: “We are plain people, from the moun tains of Tennessee, and we shall not put on airs because we chance to occupy this place fora short time.” This, certainly, was nobly said. National Banka. The creation of National Banks is derived from a law of Congress, approved in June, 1864, and entitled the National Currency Act. The first section of the act establishes a separate bureau in the Treasury Department, at the head of which an officer presides, who is denominated the Comp troller of the Currency. The sole office oi that functionary is to supervise the conduct of the banks, inaugurated under this law, to sec that they do not transgress the regulations imposed on them, and to visit upon them, if they do, the penalties prescribed. Section five ordains that all associations under the act shall be composed of not less than five persons. Those thus acting, shall make an or ganization certificate, which shall specify—* irat: The name assumed by such association, which shall be subject to the approval of the comptrol ler Second, The place where iffc operations shall be conducted: Third, The amount of its capital stock, and-the number ot shares into which the same shall be divided. Fourth, l he names and places of residence of the sharehold ers, and the number of shares held by each. The certificate shall be acknowledged before a Jud*»e or Notary Public, and sent, duly authenti cated, to the comptroller, who shall place the same on record. In a town whose population is not over six thousand, an association may be organized under tills act, with a capital ot* not less than tiny thou- sand dollars. Otherwise, the minimum is not under one hundred thousand dollars, and in a city with a population exceeding fifty thousand persons, the capital cannot be less than two hun dred thousand dollars. The natural duration of such associations shall be twenty years. They may be sooner dissolved, cither by forfeit of franchise or the voluntary ac tion of shareholders. The affairs of every association must be man aged by at least five directors, oneot whom shall lie the president. Each director shall possess, in liis own right, at least ten shares of the capi tal stock, and declare on oath, that said shares are not pledged, or in anywise hypothecated for any debt or loan. Should lie cease at any time to own the requisite amount of stock, be shall thereby vacate his office as director. Capital stock shall be divided into shares of one hundred dollars, and be deemed as personal property. Every shareholder shall be held indi vidually responsible, equally and ratably, and not one for another, in all contracts, debts, and engagements ot his association, to the amount of his stock at its par value. Banks may increase tlieir capital from time to time. The maximum of such increase shall be determined by the comptroller in the articles of association, and no increase shall be valid until the whole amount of such increase shall be paid in, and notice thereof transmitted to the Comp troller, and liis approval received. They may also reduce tlieir capital, but never below the amount required by the currency act tor their outstanding circulation, nor until the pressed reduction shall have been submitted to the Comp troller, and obtained his vise. At least fifteen per cent, ot the capital stock shall be paid in before business can commence, and the remainder of such capital must be paid in installments of ten percent, each on the whole amount of the capital, as frequently as one in stallment each month, from the time the Comp troller shall authorize the commencement of business. Before its inauguration, every association shall transfer and deliver to the Treasurer of tiie Uni ted States registered bonds of the Uuited States, bearing interest, to an amount not less than one- third of the capital stock paid in. This pro portion is to be rigorously enforced, so that in whatever act, either of expansion or reduction, the banks will be required to have always on band bonds to the extent of onc-third of the stock actually paid in. The bonds thus deposited shall be held by tho Treasurer of the United States for the associa tions delivering them, and no transfer of such bonds by the Treasurer shall be valid until the transfer is countersigned by the comptroller of the currency. The latter must keep a strict re cord of all such transfers, and give prompt ad vice of the same to the association from whom the bonds transferred originated. Upon delivery to the Treasurer of the required amount, and character of bonds, the bank so de livering shall receive from the comptroller circu lating notes (engraved under his direction) of different denominations, iu blank, registered aud countersigned by himself and the Treasurer. The amount in notes thus issued shall not exceed ninety per cent, of the amount of the bonds de posited, at the par value thereof, if bearing iu terest at the rate of five per cent, per annum and in no case shall the sum of such notes is sued to any association exceed the amount of its capital stock actually paid in. Such notes, after having been properly signed by the President and Cashier of the Rank to whom they are given, shall be received at par everywhere in the United States in payment of taxes, excises, lands and all other dues to the Government except duties on imports ; and also fora all salaries and other debts owing by the United States to creditors within its territory, except interest on the public debt and in redemp tion of the national currency. These notes, if worn or mutilated, shall be received by the Comp troller ; and if destroyed he shall, upon proof of destruction, re-place to the Bank to whom they belonged blank notes of an equal amount. Whenever the market value of any bonds (le posited under this act with the Treasurer of the United States shall be reduced in value below the amount of circulation issued for the same the Comptroller is empowered to demand from the association which deposited them the amount of such depreciation in other United States bonds at cash value. The loans of banks under this act shall at no time exceed one-tenth of the amount of the capi tal stock paid. This will satisfactorily interpret the scant margin of which so much complaint has lieen made. The rate of interest permitted shall be regula ted by the laws of the State wherein the associa tion may reside. If not fixed by such laws the act allows a rate of interest of seven per cent, per annum. Any infraction of this provision shall work a forfeiture of interest, and the party suffering from such usury may recover double the amount of interest so exacted. Every Association under this act, shall have on hand at all times lawful money of the United States, fifteen or twenty-five per cent., (differing in different cities of the Union,) of the aggregate of its notes in circulation and its deposits. Any bank failing to make good this reserve for thirty days after haring been notified to do so by the Comptroller, is liable to have its business sum marily wound up. Every National Bank is compelled to receive in payment of all debts due it, the notes of any other similar institution. Quarterly reports exhibiting, under oath, the resources and liabilities of the banks, shall be made to the Comptroller*under pain of one hun dred dollars forfeit, for every five days delay in making them at the proper times. If any Association should refuse to redeem one of it notes when presented, in lawful curren cy, the party presenting the same may have it protested and forwarded to the Comptroller.— On the receipt of such protest, the Comptroller with the consent of the Treasurer, may appoint a special agent to investigate the refusal. Should the fate of such refusal be verified, the Comp troller shall declare within thirty days thereafter that the U. S. bonds and securities pledged by the recusant association, are forfeited to the Uni ted States. Holders of the circulation ot such bauk, shall then be notified to present it at the Treasury of the United States, where it will be redeemed in lawful currency. The Comptroller shall furthermore appoint a receiver --under bond and security—whose duty it will be to put such bank in liquidation and legally wind up its affairs. Under this commission all acts done in contemplation of solvency, which may be preju dicial to the creditors of the bank, shall be de clared null aud void. Any officer connected r.’itli such organizations, who may be guilty of misdemeanor in his office, shall, upon conviction, be punished by imprison ment for not less than five, and not more than ten years. The foregoing includes all of the salient points which enter into the composition of our Na tional Bank system. It occurs to us, that assum ing the basis ot this system to be impregnable, it provides every check, guard and balance, wbicli the most jealous wisdom could suggest. It is necessary to bear in mind, however, wliat this basis is. It is neither less, nor more, than the credit of the general Government. Now', with regard to the permanent soundness of that credit, it is due to candor to state that widely divergent opinions prevail. Many consider it sufficiently fortified to resist successfully all the influences which assail it. On tiie other hand, not a few' believe that it is a dead sea-frnit, which may at any moment turn to ashes on our lips. The re port of the Secretary of the Treasury furnishes all the attainable information on tlic point. If an inspection of its statement* should sat isfy them about the preliminary and vital ques tion of the National credit, we have no hesita tion iu saying, on behalf of the banks, that we are acquainted with no scheme of paper curren cy, which combines so much to approve with so little to condemn. While, therefore, it is obvious that nothing could be more foreign from our pur pose than to aim any reflection against the sol vency of our National Banks, we would not at the same time be regarded as strewing flowers over tlic possible pitfalls which inhere in all sys tems of currency whose promises to j>ay are not at the will of their holder convertible into gold. The necessity, however, which at present obtains to the South for the immediate employment of every dollar which may come into her possession extracts from these cautionary suggestions most of their practical significance. It is only when a currency becomes the receptacle of permanent investments that it appears in its most ominous phase, and, so far as the Southern people are concerned, hoarding is not a practice which is at all imminent. From the foregoing our readers are as well prepared to judge of the expediency or inexpe diency of exchanging their lands, and other prop erty, for the existing circulation as we could ad vise,—Memphis Appeal. TIia Postage Law. For the convenience oi our readers, many of whom are uninformed as to the present postal rates, we extract and prepare the following front the existing regulations, as published in the Uni ted States Mail —Petersburg Index. LKTTF.H POSTAGE—PRE-PAYMENT. . The law requires tlic postage on all letters to be pre-paid by stamps or stamped envelopes— payment in money being prohibited. All drop let ters must also lie pre-pakl. The only letters on which payment is not demanded are those ad dressed to the President, Vice President, mem bers of Congress and letters on official business to the chiefs of the executive departments of the Government, tiie heads of bureaux, chief clerks, and others invested with tlic franking privilege. RATES. The rate of letter postage is three cents per half ounce throughout the United States, and three cents lor each additional Half ounce or fraction thereof. The ten cent Pacific rate is abolished. The rate of postage on drop letters is two ceuta Iter half ounce or fraction thereof, at all offices where free delivery by carrier is established — Where such free delivery is not established, the rate is one cent. NEWSPAPER POSTAGE. The following is the postage on new'spapers when sent from the office of publication to regu lar subscribers: Postage on Daily Papers to subscribers, when pre paid quarterly or yearly in advance, either at the mailing office or office ot delivery, per quar ter, 85 cents; six times per week per quarter, 30 cents; for Tri-Weekly per quarter, 15 cents; tor Semi-Weekly per quarter, 10 cents; for Weekly per quarter, 5 cents. Weekly newspapers (one copy only) sent by the publisher to actual subscribers within the county where printed and published, free. quarterly payments. Quarterly postage cannot be paid for less than three months. If a subscription begins at any other time than the commencement of an official quarter, the postage received by the postmaster must still be entered in bis account of that quar ter. Subscribers for short terms—exceeding three months, say four or five months—can pay quar terly postage for the actual terms ot tlieir sub scriptions—tliat is tor one quarter and a third, one quarter and two thirds, &c. The law’ only re quires that at least one quarter’s postage shall lie pre-paid, and not more than one year’s postage. Any term between one quarter and one year can therefore lie pre-paid at proportionate rates. Sub scribers can pay their postage for a fraction of a quarter at the same rate as for a w'hole quarter, by including the fraction with the next whole quarter, and paying/or both in advance. PRIVILEGES TO PUBLISHERS. Publishers of newspapers and periodicals may send to each other from their respective offices of publication, free of postage, one copy of each publication, and may also send to each actual subscriber, inclosed in 'their publications, bills and receipts for the same, free of postage. They may also state on their respective publications, the date when the subscription expires, to be written or printed. SMALL PAPERS. Religious, Educational and Agricultural News papers of small size, issued less frequently than once a week, may be sent in packages to one ad dress at the rate of one cent for each package not exceeding four ounces in weight, and an ad ditional charge of one cent is made for eacli ad ditional four minces, or fraction thereof, the post age to be paid quarterly or yearly in advance. news-dealers. Ncw-dealers may send newspapers and peri odicals to regular subscribers at the quarterly rates, in the same manner as publishers, and may also receive them from publishers at subscribers’ rates. In both cases the postage to be pre-paid, either at the mailing or delivery office. POSTAGE on TRANSIENT MATTER—BOOKS AND CIRCULARS. Books, not over 4 oz. in weight, to one address, 4 cents ;• over 4 minces, and not over 8 ounces, 8 cents; over 8 ounces, and not over 12 ounces, 12 cents; over 13 ounces, and not over 16 ounces. 16 cents. Circulars, not exceeding three in number, to one address, 2 cents; over three, and not over six, 4 cents; over six, and not over nine, 6 cents; TJVer nine, and not exceeding twelve, 8 cents. miscellaneous. On miscellaneous mailable matter, embracing all pamphlets, occasional publications, transient newspapers, hand-bills and posters, book manu scripts and proof-sheets, whether corrected or no/ maps, prints, engravings, sheet music, blanks, flexible patterns, samples and sample cards, pho tographic paper, le^pr envelopes, postal envel opes or wrappers, cards, paper, plain or ornamen tal, photographic representations of different types, seeds, cuttings, bulbs, roots and scions, the postage to be prepaid by stamps, is, on one pack age to one address, not over four ounces in w r eight, two cents; over four ounces, and not over eight ounces, four cents; over eight ounces, and not over twelve ounces, six cents; over twelve ounces, and not over sixteen ounces, eight cents. now TO BE WRAPPED. All mail matter not sent at letter rates of post age embracing books, book-manuscripts, prooP sheets, and other printed matter, and all other mail matter, except seeds, must be so wrapped or enveloped with open sides or ends as to enable the postmaster to examine the package without' destroying the wrapper, otherwise such packages must be rated with letter postage. No commu nication, whether in writing or in print, can be sent with any seeds, roots, cuttings, or scions, maps, engravings or othsr matter not printed, except upon the separate payment of postage upon each separate matter, at the established rates. CLUBS. Where packages of newspapers or periodicals are received at any post office directed to one ad dress and the names of the club of subscribers to which they belong, with the postage for a quar ter in advance shall be banded to the postmaster, lie shall deliver the same to their respective own ers. But this does not apply to weekly newspa pers, which circulates free in the county where printed jind published. PRE PAYMENT OF TRANSIENT MATTER. All transient matter must be pre-paid by stamps. But if it comes to the office of delivery without pre-payment, or short paid, the unpaid postage must be collected on delivery, at double the pre paid rate. Great neglect exists in the strict quarterly pre payment of postage on printed matter sent to regular subscribers. No such paper should be delivered unless it is either pre-paid at the mail ing office, or at the delivery office for at least a quarter. If not so pre-paid, postmasters must collect postage on each copy as on transient mat ter. If they fail they will bo charged with the full postage due, and in clear cases removed from office for neglect. WRITING ON NEWSPAPERS. To inclose or conceal a letter, or other thing, (except bills and receipts for subscription,) in, or to write or print anything, after its publication, upon any newspaper, pamphlet or magazine, or other printed matter, is illegal, and subjects such printed matter, and the entire package of which it is a part, to letter postage. Any word or communication, whether by printing, writing marks or signs, upon the cover • or wrapper of a newspaper, pamphlet, magazine or other printed matter, other than the name and address of the person to whom it is to be sent, and the date when subscription expires, subjects the package to letter postage. Tiie Albany Argus tells the following about the negro: “This interesting personage gives trouble even in Massachusetts, where compara tively they have but few of them. Thus we learn that Frederick Douglas indignantly left a hotel in Portland, Massachusetts, the other day, be cause lie was not allowed to take bis meals with the other guests of the evening. In the course of liis lecture in the evening, lie said it was the only indignity he had ever received in Massachu setts, and proceeded to give the Bonifiice a ter rible cutting up. The proper remedy is to refuse Sumner and Wilson seats in Congress, and to disfranchise Massachusetts untill she docs justice to the negro. A district school at Altica, very full, and very prosperous, under the superinten dence of a lady teacher of superior qualifications: and of high reputation as a successful tutor, re ceived an addition in the shape of a little negro, hoy. The little chap had been presented to the M. C. for the district, and by him to the village, and by the village to the school. The trusteed did not want him. They were loyal, but they sent him away. An appeal was immediately made to the County Commissioner, and also to- State Superintendent Rice; both of these digni taries, as a matter of course, and as everybody ' might know, decided that the boy must go to sebon]! The consequence is the white children, are gradually falling off, and in all probability will ultimately evacuate the school.” The ^ iceroy of Egypt—extravagant old hoy- lias ordered in Paris two buckles for his vice regal belt which will cost $800,000.