Columbus sentinel and herald. (Columbus, Ga.) 183?-1841, October 21, 1840, Image 1

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COLUMBUS SENTINEL AND HERALD. VOL. X.] PUBLISHED EVERY THURSDAY WOEXINO BY JOSEPH STURGIS. OX BROAD STREET. OVER A LIEU AXD YOUNO’s, M’lXTOtdl ROW. 1 KRMS—Subscription, three dollars per an num payable in advance, or fou.\ dollars, (in all case i exacted) where payment is not made before the expiration of the year. No subscription received for less than twelve months, without payment inadvance, and no paper discontinued, except at the option ot the Editors, until ail arrearages are paid. ADVERTISEMENTS conspicuously inserted at oxe doli.ar per one hundred words, or less, for the tirst insertion, and fifty cexts for every subse quent continuance. Those sent without a specifica tion of tho number of insertions, will be published until ordered out, and charged accordingly. 2d. Yearly a dvertise.mf.xts. — For over 24, and not exceeding 38 lines, ffty dollar* per annum ; for ovr 12, and not exceeding 24 lines, thirty-five dollar* per annum ; for less than 12 lines, twenty dollar* per annum. sd. All rule and figure work double the above prices. Legal Advertisements published at the usual rates, and with strict attention to the requisitions ol the law. All Sales regulated by law, must be made before the Court House door, between the hours of 10 in the morning and 4 in the evening—those of Land in the county where it is situate ; those of Personal Property, where the letters testamentary, of admin istration or of guardianship were obtained—and arc required to be previously advertised in some public Gazette, as follows: (Sheriffs’ Sales under regular executions for thir ty days, under mortgage fi fas sixty days, before the day of sale. Sales of Land and Negroes, by Executors, Ad ministrators or Guardians, for sixty days before the day of sale. Bales ofPersonal Property (except Negroes) forty days. Citations by Clerks of the Cour's of Ordinary, upon application for letters of administration, must be published for thirty day's. Citations upon application for dismission, by Executors, Administrators or Guardians, monthly for six months. Orders of Courts of Ordinary, (accompanied with a copy ol the bond or agreement) to make titles to land, must be published three months. Notices by Executors, Administrators or Guardians, of application to the Court of Ordinary for le ave to sell the Land or Negroes of an Estate, four MONTHS. Notices by Executors or Administrators, to the Debt ors and Creditors A an Estate, for six \wf.ks. Sheriffs, Clerks of Court, &c. ( will be allowed the usual deduction. IEZ7 0 Letters on business, must be post paid, to entitle them to attention. MANSION HOUSE. .1 ACO 11 BAR It O \\ T ANARUS, RESPECTFULLY informs the public that he has opened a HOUSE in the business part of Hroad Street for the accommodation of Travellers, and has built new stables on his o.vn lot by the solici tation of his customers. March 21, _ 5 f LAW, THE subscribers having connected themselvesi the practice of LAW, will attend all the County Courts of the Chattahoochee Circuit, and the adjoining counties of Alabama. Office in Mclntosh Row, immediately over Allen Ifc Young’s Store. ALFRED IVERSON, June 14. 19t f J.M.GTTF.RRY. COLUMBUS HOTEL, 1840. le subscriber respectfully informs Ins friends and Ji_ the public generally, that lie still continues to occupy the above establishment, where he promises refreshment and comfort to the traveller and border. His own personal attention will he given to his busi ness, in which he hopes to give general satisfaction, and share a liberal patronsce amongst his brother chins. JESSE B. REEVES. Columbus, Ga., Jan. 21, IS4O. 51 ts CVUU I.WTMO Oil SOiH WATER. f En .Hi subscribers are now prepared to fiirtii-h their . customers ami the public with or So la Water. Their apparatus is constructed in such a manner, in.l of *nch materials as to prevent the possibility ti iiiy mMalic or delarioiis impregnations. TAYLOR & WALKER, Sign of the Golden Mortar, Broad st. Columbus. April 21. 10tf FORT & HAMILTON, attorneys and counsellors at law, Lumpkin, Stewart county, Georgia- WILLIAM A. FORT. JOHN C. HAMILTON. September 8,1840. 30tf VALUABLE PLANTATION FOR SALE C CONTAINING Two Hundred Two and a Hal / Acres of Land,mixed with oak and pine. There ire eighty acres cleared. Also, a comfortable dwel ing, with all necessary out offices, a good gin house sn.l packing screw, a peach and apple orchard. The •atire under good fence. It is situated within 4 miles ?f Columbus, joining the plantation formerly owned oy Thomas O. Evans, Esq. Persons wishing to pur chase cannot find a more desirable location than the jne offered for sale by the subscribers. JOHN CODE, Dee. 6. 44tf JOHN QUIN THOMPSON’S UTERINE TRUSS. An ejectual and radical cure for polapsus uteri , THE subscribers have taken the agency for the above valuable instrument, and have now on hand and will constantly keep a variety of patterns, which they will sell at Manufacturers’ prices. These Trusses are superior (o any instrument ol the kind ■ever invented, and are now extensively employed by sum of the most eminent practitioners in the United States. We annex the oertifirateofthe late Professor Eberle, who used them with great success in his own practice. 4 Cincinnati 1 !, Ohio. May 11th, ISI9. 4 I hare carefully examined the Uterine Truss in vented by Or. Thompson of this State, and I can con fidently declare, ’hat it is unquestionably the most perfect and useful instrument of the kind that has evei been offered to the public. It differs essentially in •construction from the Utero Abdeminal Supporter constructed by Dr. Hull, and is in all respects a far Uiperior instrument.’ The subscribers have also received the agency for Dr. Chase’s Improved Surgical Truss, which is uni versally admitted to be the most certain and lasting ?ure ever discovered for Hernia or Rupture. TAYLOR & WAKER, Druggists, Sign of the Golden Mortar, Broad-st. Columbus. June 20, 1839. 26tf WARE HOUSE AND COMMISSION BUSINESS. T IE unlersigncd would inform his friends and the public generally, that he will continue the above business at his Old Siand in Front street, oppo site the new brick building of James 11. Shorter, Esq. and that his personal attention will be exclusively devo ted lo the same. By strict attention thereto, he hopes to have a continuance ofthe liberal patronage hereto fore bestowed upon him. Ho w ill as usual attend to rite sale of Cotton, from wagons or in store ; and from a -Tenoral acquaintance with the purchasers and true nutation of the market, he believes he can generally m ire than save the commission in the sale of cotton. WM. P. YoNGE, Columbus, Sept. 19, IS3S. 33y He has in store for sale, Liverpool and Blown Salt in sacks, Chewing Tobacco and Scgars, Champaigns Wine, in baskets and boxes, Bagging and Bale Rope LOOK AT THIS. RUNAWAY from the subscribers, about the first March last, a negro man by name Presley, about forty years of age, somewhat grey hair, very thin, or perhaps no hair on the top of the head, quite black, eyes small and deeply sunk in the head, wide between the teeth, I thread shoulders, and stoops, he is rather intelligent, though unprepossessing in appear ance, makes great profession of religion, and prays in public every opportunity. He was in the neighborhood of Greenville,'Meriwether county, some fif.een days after leaving this place; where he left oil the 29th ult. taking his wife with him, who belongs to Freeman McClendon, living near Greenville; she is by the oam? of Julia, twenty years of age, common size, a bright copp r color, and verv likely. It is believed t tat they were taken off by a white man, and probably t avellin j west in a gig, as such nformalion reached Mr. McSlendon. A suitable reward will be given for the apprehen >n of said negroes and thief who catriedthem away, ul information given to either of the subscribers. FREEMAN McCLENDOX, JOHN C. MANGHAM. V aril 16,1840. 9tf DISSOLUTION. THE copartnership heretofore existing under the firm of Wilson & Cravcy is dissolved this day by mutual consent of both. 3 SANFORD T. WILSON. OWEN W. CRAVEY. Giliion, Jttl/tJ, ISW 23 —ts AM. HUGHES; Attorney at 1m w, Cuthberi • Georgia. Jan. 25. 1840. 51 ts FACTORAGE COnZMZSSION BUSINESS. CHARLESTON,SOUTH CAROLINA. THE subscribers continue their business at (beh old stand, on Bayee & Cos. whirs, Charleston, and are prepared to make liberal advances on Cotton consigned to their care. COLLINS & CLEVELAND. Septembers, 1840. 29 2m WAREHOUSE AND COMMISSION BUSINESS. THE undeisignedhavingassocia .. ted themselves under the firm of Hall, use k Cos. for the purpose of trans acting a general Commission and Warehouse business; would inform their friends and the public, that they are now prepar ed.to attend to any business entrusted to iheir charge. Their Warehouse being constructed of Brick and detached from all other buildings, may be considered in all respects as entire Fire-proof. Planters will therefore find it for their interest to store with them on account ot the great saving in the premium of Insur ance, and the additional safety to those who do not insure. They are prepared to advance liberally upon cotton and other merchandize stored with them, and their rates es storage and commissions, and all other char ges will be as low as those charged by other houses in the same lint- of business. J. A. DEBLOIS, 11. T. HALL, F. N. RUSE. THEY HAVE NOW IN STORE FOR SALE, 600 bags prime Havana Coffee, 300 pieces best Kentucky Bagging, 150 coils best Kentucky Rope, 25 bales domestic Goods received direct from the manufacturers. August 29,1840. 2Stf COMMISSION BUSINESS. THE subsoriners have this day formed a connec tion, under the firm of ROWLAND & BAR STO W, for the purpose of transacting a GKKEIt* AL,COMMISSION BUSINESS in SAVAN NAH. Particular attention will be paid to receiving and forwarding Produce and Merchandise. They are not interested in any of the Transportation Lines, and assure their friends, that, in all cases, such con veyances shall be selected as to promote their inter est. WILLIAM P. ROWLAND, ELIAS B. BARSTOW. Savannah.26th June. 1840.-Jm6t-22 TAVERN FOR SALE. IF n it previously disposed of, will be sold on Tues day, the loih day of Septembe next, by the sub scriber, at public auction, that well known Tavern and furniture, known as the TALBOTTON HOTEL. This house is well est ablished and in good repair, with all necessary outhouses convenient. Persons desiring to purchase such property are requested to cdl and examine the premises; terms \* ill be made liberal, and indisputable titles given. B. WIIITHURST. Talbotton. Ga., August 11. 1840. 96 - tds. PHOENIX HOTEL, Lumpkin , Steieart County , Georgia. THE subscriber having taken the above house, situated on the Nort h East corner of the court house square, formerly occupied bv Mr. Beacham, takes pleasure in informing his friends and the public generally, that this new and commodious establish ment is now completed, and in every way fitted up for the accommodation of boarders and travellers ; the subscriber will give his personal attention to the super vision of the house, and no pains or expense will be spared to render all comfortable who may favor hint with a call. N. B. His stables are excellent and will at all times be bountifiilly supplied with provender, and attended by a steady industrious and trusty ostler, who will at ail times he-in his place and subject to the commands of the visitor. GIDEON 11. CKOXfON. Jati 25—51-ts DISSOLUTION. THE copartnership heretofore existing under firm of Drs. CHIPLEY & SCHLEY, is this .day dissolved by mutual consent. The books and accounts are in the hands of Dr. Schley, who is authorized to settle them. Persons indebted to the firm rre respect fully requested to call as early as possible and settle. W. S. CHIPLEY. WM. K. SCHLEY. July 23, 1640. 24 if LAW NOTICE. THE undersigned will attend tothe PRACTICE OF LAW, in the name of JONES & KEN NING, in most of the counties of this Circuit, and a few of the adjoining counties of Alabama. Their Office will be found near the Oglethorpe House. SEABORN JONES, HENRY L.BENNING. Sept. 16,1 539. 33 ts FOR SALE THE tract of land, known as the Broken Arrow Bend, on the Chattahoochee river, seven miles below Columbus, on the Alabama side of the river, containing fourteen hundred and forty-two acres, nine hundred of which are equal, if not superior, to any land on the river; with five hundred acres of cleared land under good fence and in a high slate of cultivation; the balance of the tract is thin oak and hickory, and pine lands, w T ilh good water and healthy situations fur residence, on which part is a good house for an over seer and negro houses for fifty negroes. Peisons wish ing to purchase a river plantation would do well to ex amine it while the crop is growing. JOHN CROWELL, Sen. Fort Mitchell, August 12, 1840 26—ts BOOKS AND STATIONERY. NOR lON & LANODON, Booksellers, Co lumbus, Georgia, have just received, and offer lor sale, on ihe most reasonable terms, a large and general assortment of School, Classical, Law, Medi cal,Theological, Historical and Miscellaneous Works, Also, Blank Books, Paper, Ink, Quills, Paper Hang ings, Borders, fine Cutlery, Fancy Articles, Music, Musical Instruments, and Stationary of very de sctiption. Teachers, School Committees and Literary Institutions supplied at the lowest prices. Columbus, Oct. 14.1840. 35 3t A CARD. THE subscriber offers his services tothe Mer chants, Lawyers, Ac. of this City, as a general accountant. Those whose business would not adord to keep a permanent Book Keeper, have now ail op- j portunitv of getting their Books and Accounts written , up and made out neatly and correcMy every inonlh, if required, for a moderate conipt nsalion. He will also attend to any other description of writ tng or collecting, such as making out Deeds, Mort gages. Cotton Bills, Invoices. &c. and respectfully solicits parronage. H. G. DONOVAN. Columbus, Oct. 14, 1840. 35 lin WILLIAM HENRY HARRISON’S T IFE, by different authors, for sale bv JLi NORTON & LANGDON. October 7, 1840 34 St TO COTTON PLANTERS. rapIUE subscriber is now offering for sale r. quantity _BL of valuable, land. Persons wishing to establish cot on plantations in anew country, in the finest cotton growing region of the South, would uo well to exam-| me those lands. T hey iie mostly in the county of! Macon, and valuable tracts immediately in the vicitu- j ty of that beautiful and romantic region denominated i the Cliunnenugga where the atmusphere is pure ! and elastic, and abounding with fresn bold fountains of j cool fine water as can be found in any mountain region ! of the South. There arc also iii the neighborhood of th’ se lands two or three well improved plantations for | sa e—some believed to be as productive as anv in Alabama, as ten bales of cotton to the hand have Oeen made. \ Persons wishing to purchase apply to the subscriber, at Vaiverdi P. O. Macon countv, ALbatna. August 16. 27 3in. H. BLACKMON. The Columbus Enquirer and Georgia Jeffersonian will copy the above three months and forward their accounts to the subscriber. H. B. ccitxitzissxorr business. APALACHICOLA FLORIDA. THE subscribers having formed a connection for the transaction of a general Commission Busi ness at Apalachicola, under the firm of LOCKHART & YOUNG, solicit a share of public patronac’, HENRY late of Warten co., Ga WM. H. YOUNG, formerly Twiggs co.,Ga. REFERENCES: Stewart & Fontaine. 1 Hill, Dawson & Cos. p Columbus, Ga. Matthew Robinson. Esq. Williard Boynton Esq. ) T , c . W. A. Racson, Esq.’ \ Lumpkin, Ga. Frederick Beall, I'sq.. Florence, Ga. Allen & Glenn, GlcnnviUe, Ala. L. C. Harrison. Esa., Irwuitou. Ala. October 1, ls4o, 33 -it ‘ WE HOLD THESE TRUTHS TO BE SELF-EVIDENT, THAT ALL MEN ARE BORN EQUAL.’ COLUMBUS, GEORGIA, WEDNESDAY MORNING, OCTOBER 21, 1840. From the Globe. A REGULATOR. The Journal of Commerce, though Whig gish, cannot, like other Whig journals, en tiiely lake leave of common sense, when the paramount interests of the merchants are at slake. In their paper of Tuesday last, the editors expose, in a very forcible way, the folly of attempting to regtilale commercial matters by means of a National Bank. We quote pan of the article : “It is now pretty generally acknowledged that the administration of the United Slates Bank lias been bad ; bad for the stockholders and bad for the public. Mr. BiJdie, who was once considered a great financier, is now thought poorly of. He made a great figure at one time. He said it was necessary to make money scarce, and so it came to pass, and merchants failed by hundreds under the pressure. Anon a committee, composed of our most respectable merchants, went res pectfully to Mr. Biddle and requested that money might be made plenty, and he said, “ Let money be plenty”—and it was so. Mr. Biddle made darkness or light at his pleasure. If he jsaid a thousand merchants must be ruined, it was done. If lie said slocks must rise and the bulls make fortunes at the ex pense of the hears, it was done. Every merchant in the country who was largely em barked in business, held his fortunes subject to the pleasure of Mr. Biddle. It is a grave question whether we shall put so terriffic ( a power again in the hands of any man, wheth er he be a wise man or a fool. Without a National Bank, merchants regulate their af fairs by the laws of trade and the indications which lie on the surface of things. With a National Bank, what they want chiefly to know is, the character and habits and opi nions of the man who bolds the controlling money power in his hands. Is it worth while for the merchants of these United States to put themselves, for any advantages they could posstb’y secure by it, into the hands of any future Biddle ?” From the Globe. THE MONEY ARTICLES OF THE JOUR NAL UF COMMERCE AND NEW YORK HERALD. A few days since we laid before our readers an article from the Journal of Commerce on the subject of prices and trade, which con trasted most obviously with the statements of Mr. Webster’s speech, which was published in that paper. Today we give a ‘money ar ticle’ Irom the New York Herald, which, in the same way, utterly disproves other pre tended facts assumed by Mr. Webster as tne basis of his bank demonstration in the same speecli.- The money articles of these two Mew York Papers are devoted to the true interests of the great commercial emporium. They rely on substantial merchants for much of their permanent patronage, a.d, we doubt not, for much of their sound information on matters of trade and currency. Hence the truth and sagacity which distinguishes the articles in question, and the contrast with the mere pa ragraphs of the same journals. This shows most clearly that the mercantile class are not willing longer to sacrifice commercial prosper ity to the selfish objects of speculators and politicians. Intelligent merchants know that a stable standard of value is as essential to safe business, as true arithmetic to iheir cal culations. T hey know, moreover, that the efforts of the Democratic Administration to put down an unconstitutional national bulk ing Government, were actuated (apart from the political motive) by ihe desi e to relieve business from fluctuations—from the expan sions and contractions brought about by the managers ol the great Bank, in pursuit of speculations in irade and politics Confined to their clique—that it was to rid the county of the perpetually recurring epochs of disasters, such as that of 1819, ’2O, ’25, and ’26, and those which have been constantly repeated every three years, like fits of the tertian ague from 1832 to 1830. They know that, neither General Jackson nor Mr. Van Buret) can have had any other object than to secure the general prosperity, which is to secure the as cendency of their principles and their party —that the majority supporting them are the industrious and producing of ail classes, whose interests are directly adverse to that of the gamblers in currency, stocks, and trade.— i’liey know that the Democratic Administra tion, in discountenancing excessive issues of paper money; in issuing the specie circular to prevent it; in rejecting from the business of the Government the depreciated paper of suspended banks—has, while it defeated the schemes of gambling speculators, maintained a mooring for the honest commerce of all clas ses; and in sustaining the credit and charac ter of the Government at home and abroad, has maintained the true credit system, from which American enterprise and industry will more surely prosper than it has ever done here or in England on the fictitious and chang ing credits of national taper institutions. They know that the periodical disasters which uniformly attended the vps and downs of the great paper credit lending systems of England and the United States, countenanc ed by the National Government in each coun try, have spread bankruptcies successively throughout the commercial, manufacturing, and agricultural classes—that speculation a mong the merchants leads to extravagance ; among the consumers themselves; and that when the crisis comes, the latter Sail to pay, and that this failure is followed up by failures until it reaches the banks whose excesses fur nished the impulse to Ihe overtrading, and necessarily leads to universal ruin and dis tress. With a consciousness of these facts ! impressed by recent experience, the mercan tile organs of New York, truly representing iheir patrons, oppose the grand scheme of Mr. Webster, which, for the benefit of such ruin ed gamblers in politics and credit system as himself, proposes a credit system founded tip on a National Bank, which if to be founded on the assumption of State debts, and then to le guarantied by the appropriation of the public domain for the payment of the annual interest, and the whole to be held in their or bit bv, and to circulate around, the credit sys ; tern of England, whose capitalists now own State stocks, and the stocks of the great Pennsylvania United States Bank, and others, which are to be all formed into the substra tum of the gigantic Bank contemplated by Mr. Webster and his party. It is a good omen to see the able articles of the Journal of Com merce and Herald opposed to this overwhelm ing scheme. It is a sign that American mer chants know their true interest. From the ATew York II rrtld. MONEY MARKET. Thursday, Oct. Ist. Mr. Webster’s late speech, it! Wail street, was almost altogether on the subject of the currency, and may be considered, if we take into view the conclave with which he was closeted at the Astor House most of the day previous, the outline of the future movements of the new Administration. The Suh-T reasurv plan is to he done away with, aid a National Bank to he established in which ihe Federal Government is to b in terested, it would seem, from the following passage: ‘The General Government, if it should ev er uct upon this subject again, would look particularly in reference to the matter of is sues. A national institutution should have no temptation to make money. A limit should be put to the amount of dividends, and all money made beyond th t limit should go into Public Treasury, and not into script.’ The statements made by Mr. Webster, as facts, in support of his arguments ia favor of a National Bank, are in most instances total ly at variance with the truth. He appears to have stood still for the last five years, while the commercial world has been convulsed, and dear bought experience has proved the fallacy of former dogmas. He commences by stating that a specie currency is a fallacy and a delusion. He then cites Engiand as an example of great prosperity, owing to her paper system. At this time Great Britain with her starving inhabitants, her popular commotions, and ruined merchants, with the report of her parliamentary committees, as cribing the distresses of the past four years to the maladministration of .the banks, is ra ther a lame witness to produce in favor of the benefit of a National Bank. Mr. Web ster then states, that in haid money countries, as in Cuba, the revulsions in prices and rates of produce are greater than in countries where a paper currency exists. If Mr. Webster will turn to the Herald of the Ist of August, he vvili find an eloborate translation of the Count de Viilaneuvn. an the tiade, revenue, and resources of the is’and of Cuba, that will exhibit undeniable proofs of the stea dily increasing prosperity of tie island, and presenting a strong contrast to the state of those islands, as St. Thomas, Jamaica, and others, where hanks have been established. In describing the benefits to be derived from a national paper money, Mr. W 7 ebster makes the following singular statement: ‘Can I give you, gentlemen, a stronger proof this truth ihan you know now 1o exist? Here all the banks of this city pay in specie. It >s a fact well known from here to Texas. The banks of Philadelphia and the Bank of the United States do not pay specie, and their notes are at a discount here in Wall street, of some three to five per cent. Ido not know which it is—blit what is the slate of things on the frontier? Why your currency will not go at Arkansas or Missouri, and that currency which is at a premium here in JYeio York, is not there equal to that of the Bank of ihe United States, and the latter is preferred because there is an odor of nationality about it, which clings to it, hangs around it, and will he there in spile of all the wire drawn theories that ever were set afloat.’ Now let us look at the following table of facts: Rates or Sfecxe, New York fund?, and United Siates Bank bii ls at different points at THE LA I EST DA I ES. Spetie, iV. Y. Funds. U& B Funds. Buffalo, par par 8 per ct dis. Cincinnati, 3 per ct. pm. 6 per ct. pm. 2per ct pm. Louisville, * “ 7 “ 21 “ St. Louis, 5 “ 5 “ 2 “ Nashviile, 8 “ “ 6 “ N.O leans, 4 “ 5 “ 2 “ Augusta, 6 “ 7 “ 4 “ Charleston, 1 “ 1 { “ 3 per ct dis This table is no wire drawn theory, but a list of actual market prices. In every case the hills with the “odor of nationality” are S to 5 per cent, more than those of New York without any odor. They are also every where at. I rom 3 to 5 per cent discount for specie, and are in Philadelphia 1-2 per cent, worse than those of other Philadelphia biffs. In stating the causes of the speculations in ISSS, 7 Mr. Webster lays great stress upon the injunction of the Government to the pet bank', to ioan on the Government deposites; but lie lias entirely kept out of view the ef fect of the distribution law, originating with the Opposition, by which 823,000,000 was divided among the States, and applied to every mad speculation. The Loan Com missioners of this city have repeatedly offer ed the ptopertp they held in pledge for money loaned, and cannot get a bid on it. In commenting upon American credit a broad, Mr. Webster teffs an anecdote of his interviews with capitalists seeking to invest, by which it appears he acted ihe part of a statesman, and when symptoms of bad faith were followed by bank suspensions, in a time of profound peace, legalized by Slate Governments, he attempted to calm the (ears of alarmed capitalists, by showing them Samuel B. Haggle’s famous “glorification” report. This, we apprehend, was scarcely an offset for the failure of the United States Bank. The attempt of Philadelphia to pay her interest in irreeeemable paper—the fail ure of Mobile to pay its interest—the protest of 8300,000 of the State of Georgia debt, which laid in the Phoenix bank nearly a year—the resolutions of Illinois repudiating her debt—the late proceedings of her Fund Commissioners to coerce a surrender ot the contracts on the part of those with whom she had bargained—the report of the Com mittee of the Union Bank of Florida, de claring the contracts for the stock of that Territory null and void—the proclamation ot Governor M'Nutt, cautioning the public not to purchase the bonds of that State—the re solutions of the State of Michigan, requiring additional security for her stock sold to the Morris canal on time, after that concern had failed—the failure of the United States Bank to pay its dividend in Europe—and numer ous other events calculated to shake foreign faith in our credit—each and ail of which have grown directly out ot the ruins of Ihe old rotten credit system. In speaking of the $5,000,000, said by Mr. Wright, to be required to carry on the Government financial system, he strangely perverts Mr. Wright’s meaning, which was clearly enough expressed. He then states as follows: “Why, my friends, I have made the cal culation that $5,000,000 is about one moiety of the average amount of specie in all the banks of this city.” The following is a table of the quantity of specie in the banks of this city at different periods, from official reports: Jan. 1833, 2,875.035 Jan. IS4O, 4,495.137 May. 1838, 6.570.732 Aug. 1840, 6 OCK ,000 Jan. 1839, 5U08.353 In May, IB3S, the banks resumed, and at that time the smount of specie was the larg est. We h ave thus touched upon a few of the most obvious errors of the speech, which was made to raise the hopes, and add to the, desire to change, on the part of the merchants. The whole outline appears like a vast sys tem of speculation, calculated to produce a greater revulsion than ever before. The public must suffer anotiier severe lesson De fore they are cured of the paper mania. From the 2V. Y. Everting Pont. THE LAWS OF TRADE. Three months ago, the rate of exchange between Mobile and this city was at ten per cent., but has since been reduced to about three per cent. This is actually less than the rate o| exchange between this city and Phi ladelphia, which is distant from us not. one hundred miles, one tenth of the distance of Mobile. The banks ol Pennsylvania are compelled to resume the payment of specie sometime in .January next, while the banks of Alabama are allowed two years wherein to resume. How do we account for this stale of facts? Why, simply on the ground of the natural laws of trade. The cruton crep is now corning forward from the South, which enables that portion of the union to liquidate the balances of debt that it may have con tracted with the North. In other words, the nattral course of business is bringing ex change to its proper position and bearing. No such course of trade existing between this city and Philadelphia, there can be no similar improvement ofthe exchanges. What a comment facts of this kind are upon the arguments of those who support a national bank, because of its supposed neces sity to regulate exchanges. There is now no bank, but business is beginning to go on as smoothly as ever. Such reasons call to mind an anecdote told, we believe, bv a late En glish writer. It runs as follows: Once it was customary in the canton of Berne to keep a bear at the public expense, the people ha ving been instructed that a hear was essen tial to morals, manners and the prosperity of the state. It was ihoughi of use in restrain ing the curs who were apt to be troublesome, and in frightening naughty children out of their crying spells. It happened, however, that the bear sickened and died so suddenly that a successor was not forthcoming to fill his place. While the community was hear less, and great inconvenience ought, accord ing to the general notions, to have been felt, it was observed that the sun shone, and the corn grew, order survived, and all things prospered just as if the hear was alive and gorging the substance of the people. Seeing this, we are told, the people of Berne resolved to keep no bears, as things went on as well without as with such voracious creatures. Now, had Berne been blessad with t-uch advisers as M'. Webster and his school of politicians, anew bear would have been pro cured at all hazards, to correct the inconve niences of living in independence of so use'll an animal. THE RIGHT OF SUFFRAGE. The reader will no doubt be struck with the following extract of a speech delivered by Mr. Bychanan, at Harrisburg, Pa. “First—as to the right of suffrage. Il has ever been a cardinal principle ofthe De mocratic party to extend the right of suffrage, and to abolisit every property qualification in the elector. ‘All mankind are born equal;’ and every citizen, be he poor or he he licit, is equally entitled to enjoy this inestimable privilege. Who is ii that meets and repels the foreign invader? It is the men of strong arms and brave hearts, who have been inured by toil to endure the fatigues and dangers of war. And is it to be tolerated, that such men, who have already risked their lives in defence of their country, who are prepared to risk them at any moment, should be denied a vote, because they were poor? Until it can be established that poor men love their country less than the rich, and that they are less willing to defend it in the day and hour of danger, the political privileges of both the rich and the poor ought to be equal. Besides, wealth is constantly changing hands in this country; and the rich man of to day often becomes the poor man of to morrow. For these reasons, universal suffrage and univer sal education is the motto of tire Democratic parly. They will march hand in hand to gether, and nothing can arrest their glorious career. How does Gen. Harrison stand upon this question? Is he a Democrat in regard to the right of suffrage? Is he in favor of conferring it equally on the poor and ihe rich ? Let his own recorded acts answer these questions. He himself truly says that, when appointed Governor of Indiana, he was in vested with powers almost dictatorial. In exercising the duties of tiiis high office, on the 17th September, ISO 7, he approved a territorial law restricting the right of suffrage to the holders of a freehold in fifty acres of land, in any county of the territory; ora less quantity in the county where the voter resi- tied, provided the less quantity, with the im provements, were worth one hundred dollars. H s friends have endeavored to shield him from the consequences of this Anti Republi can act, by contending that the old ordinance of 1787, for the government of the Territory, prohibited him from extending the right of suffrage. How shallow this pretext is will appear from the fact that the very act which he approved did change this ancient ordi dinance in an important particular. Under it no man could vote who did not hold a freehold in at least fifty acres of land; whilst under Gen. Harrison’s law, any man might vote if he held a freehold in only* a single acre, provided, with the improvements, it were worth one hundred dollars. On the 3d March, 1811, Congress blotted out this foul stain which disgraced the statute book of In diana, and extended the of suffrage to alt the citizens of that Territory who had paid a county or a territmial tax. And yet, Harrison is the friend of the poor man, whilst he would deprive him of the right of choosing the officers hy whom he must be governed. If he be so, it must be on the aristocratic principle that the people are their own worst enemies, and that to allow poor men to vote would be to place weapons in their hands, by which they might destroy themselves. “ But how stands Tyler in regard to the right of suffrage? In this respect ‘Old Tip and Tyler,’ as their friends delight to call them, are a noble pair. In 1829 the people of Virginia held a Convention, of which Mr. Tvler was a member, for the purpose of amending their Constitution. Previous to that date, the right ol suffrage in Virginia had been confined to freeholders, and is snii very much restricted. On the 291 h December, in that year, a proposition was made to extend the right of suffrage, by conferring it on all the citizens of that Commonwealth, who had resided therein two years—had been enrolled in the militia, if subject to military duty, and had paid a State or county tax. On this proposition, how did the candidate of ihe Whig party for the Vice Presidency—that party which now professes to be devoted to the interests of the poor man—record his vote? M.v answer is, in the negative. The vote stood 47 to 47—and ,he proposition was lost, because Tyler voted in the negative. Had he voted in the affirmative, it would i nave prevailed, and every citizen of Virginia, I who had paid a State or county tax, and had been enrolled in the militia, if subject to military duty, would have been entitled to vote. But this is not all in regard to Tyler. He declared, in public debate, in that Con vention, that whilst he was willing to entrust the Governor with new powers, provided he should continue to be chosen by the Legisla ture, yet he would not confer one iota of additional power upon that officer, if he were to be elected by the people. This distrust of the people has ever been a distinguishing fea ture of the Whig party, at all times and under every name which they may ha ,7 e as sumed. Whenever, in the history of this country, there has been a contest between liberty and power —between the rights of the many and the Irights of the few, that party has always been arrayed on the side of pri vilege and property. What think you, then, ! fellow citizens, of the devotion displayed hy I Harrison and Tyler towards the poor men, denying to them the ri*rht of suffrage? It will require an ocean of hard cider and myri ads of log cabin raisings to persuade them, intelligent and respectable as they are, that the gentlemen love the mechanics and labor ing men of our country.” WHIGS OF THE SOUTH, REJOICE. “V ermont has gone against the Administra tion by TEN THOUSAND majority. She lias spoken with a loud voice against tire principles that have governed Martin \ an Buren, in his adniinistiation of the govern ment—his opposition to a National Bank— his opposition to the schemes of the Aboli tionists—his opposition to a Tariff designed to benefit one class at the expense of another —his opposition to the principles of Conso iidaiion—these have sealed his fate in Ver mont —and Whiggery triumphant! Rejoice! Rejoice !! W higs of ihe South, Rejoice! I! WHIGS OF THE SOUTH, R EJuIOE! The notorious Abolitionist Slade, of Ver- mont is returned member of Congress by your allies the Northern Whigs, by FOUR THOUSAND majority. What a splendid victory! Br.ng out the big gun!! Hurrah for “Tip, Tvler, and*Tariff!! ” m WIlIGs"OF THE SOUTH, REJOICE! William Pitt Fessenden—member of an Abolii ion Society—President of an Abolition Society—an Abolitionist of the darkesl shade, is elecied member of Congress from ihe Cum berland Dislrict in Maine, over Albert Smith, Southern Interests, and the Integrity oi the Conslitutional Compact. Throw on your hats—and make the welkin ring with loud huzzas. WHIGS OF THE SOUTH, REJOICE! Your brethren in the Slate of New York have re-nominated \\ illiam H. Seward, and Luther Bradish, for Governor and Lieutenant Governor. The former believes that an e quality of ‘social condition’ should he extend ed to all, black and white—the latter believes there should he no ‘distinction of color.’ They are firm believers in that social mileni urn when she black and the while shall lie down together without molestation. Surely this is a theme that should move vour Pres tons, your Wises, your 0C?” Graveses, your Stanleys to rejoice, with eloquence sub lime! On, Stanley! On!—Anotner blast!— the victory’s won !! WHIGS OF THE SOUTH, RE.TOTCE! Arthur Tappan and Hiram Ketchurn, David Haggles and Aaron Clark, Horace Dresser and Lewis Tappan, Josiah ilopptr and William Johnston, Henry Nott and Rich ard Jenkins, Prince Lovendge and Philip Hone, Richard Augustus and Joseph Iloxie, Lewis Bodine and Nathaniel B. Blunt, Ira Phillips and David Graham, all, all rejoice at ihe success your Northern allies have met with in Vermont and Maine. Then come on here, and extend the hand of Fellowship? Grasp theirs with a fervor becoming the val ue of a victory—if perchance should obtain one—-over (he Democracy of the North ! Cry aloud, ‘The union of the Whigs lor the sake of the Union I’ The sky darkens —re- joice ! rejoice ! WHIGS OF THE SOUTH, REJOICE! Your brethren here, black and white, are sanguine of defeating Martin Van Borne.— They do noi forget that on the 2d of June, J 1835, he 2a ve the casting vote for the ‘ln- 1 cendiary Publication Bill,’ which went to ! prevent the circulation of pamphlets and pa pers designed to get up a revolt in the South among the negroes—a revolt in which your selves, your wives, your children, might have met with bloody slaughter at ihe hands of ihe ignorant, degraded, and infatuated ne groes. For this your Northern allies have placed his name on the ‘ro'J of infamy,’ and they rejoice with fiendish satisfaction at the probability of his defeat. Rejoice with them, we say, il there be a common feeling in the great ‘Union of Whigs.’ Whigs’of the South rejoice! WHIGS OF THE SOUTH, REJOICE! While writing, our ears ring with the sound of cannon ! Your Northern allies are even now, this Wednesday afternoon, Sep tember 23, 1840, mocking the artillery of heaven in warm and heartfelt graiulation at iheir success in Vermont and Maine. ‘Three cheers for FESSENDEN’—‘three cheers for Slade’—‘three cheers for Kent’—‘three groans for Albert Smith’— ‘three groans for Fairfield’—‘nine groans for Martin Van Bu ren’— these cries at this nr-ment salute our ears. Do you not hear the teport of the ihuncfer-toned cannon—it reverberates, hounds back as though it had already reach ed your hills and val'eys. We anxiously wait the response. Bring out your dogs of war of the heaviest metal—charge them to their very throats—apply the match—that we may henr and feel that there is a most perfect ‘‘union of \Y iiigs for the sake of the UNION!!!” Rejoice, Whigs of the South —rejoice! Your Northern allies expect it. —Neiv York New Era. From the Portland, Maine, Argus. INFAMOUS! The following cold-blooded paragraph is from the Eastern Star, a violent federal sheet lately established in Limerick, Maine: Sarved him right. —Robert Bradford, an old slave-holding farmer near Nashville, was stabbed and insiantly killed, on the lGth inst. by one of his slaves. He was preparing at the time ‘o correct him for having left home, without leave, the week before. The slave made good his escape-” See the Eastern S'ar, punted at Limerick, Sept. 25, 1840. Pass it round, that the sober citizens of our country may aee a specimen of the madness of that party who are now seeking to over throw the Government. Pass it round, for the edification of the Southern ailies of this Northern whig! Pass it round, though as Americans we blush to own that we have in our country a party so vile as to support the miscreant who will thus openly rejoice at the murder of a fellow citizen. From the Richmond Enquirer. THE HOOE-CAKE TURNED. Henrico, Sept. 19, JB4O. I hope you will pardon me for troubling you v, ith a communication of facts, that came within my own knowledge. In the spring of ihe year 1837, Mr. John M. Butts had been from home some days. When he returned, his servant Dick (who was his head man) went to his master and charged his overseer (a white man) with purloining a bag of meal. On receiving this information from his slave, he (Butts) discharged his overseer from his employ. The overseer being aggrieved that his reputation should be brought in question by a negro, and wish ing to establish his innocence, and being ig norant ot the law in such case, applied to the justice of the peace for a warrant, to bring the said negro before himself or some other justice", that the false charge might be inquir ed into. The slave was accordingly appre hended and carried before sad justice. 51r. Batts also attended, to see what was to be done with Ins slave. When the case was ready for hearing, the slave was introduced as a witness, to sate what he had said to his master about the meal. He went on to sta*e several things he had said derogatory to his ; overseer’s reputation, when a gentleman pre | sent inquired of the justice whom he was j trying: if he was trying the negro, he could j not give evidence in his own case—if lie was ! trying the overseer, the negro’s testimony was not admissible. The negro was then directed to stand aside; and Mr. Bolls was introduced as a witness. He went on to state what his negro had told him, lor some time, not stating any thing he knew himself —only what the negro had stated to him; when the same gentleman observed that Mr. Ban’s testimony was no better (ban the ne gro’s—that it was hearsay testimony, and what he heard the negro say, and was not legai evidence. Mr. Bolt’s testimony being objected to by the gentleman, threwhim in” to a violent passion, and he made several re marks about the gentleman’s being a politi cal enemy of his, or be would not have in terfered. He then asked for a continuance of the case; which was granted. The above transaction was at the Yellow Tavern in the county of Henrico, in the pre sence ot a considerable number of gentlemen. And it it is denied, can be proven by those who were present. •Now, sir, I have given you this plain state ment of lacts, that you may see bow far Mr. Bolts sanctions or approves of negro testi mony—that you may contrast it with his nuieh ado about negro testimony in Lieut. Hooe’s case. POSTSCITT. September 28. —1 bad an interview with the magistrate yesterday, about Mr. Bolt’s negro witness. He said he well recollected that Mr. Botts insisted on examining the ne gro as a witness against his overseer, and even plead, that lie ought to he allowed to da so. And when the magistrate refused, Mr. B. charged him will) being a political enemv ot his. And Botts has spoken of the case to several persons since, and complained of his not being allowed to examine bis negro. From the Globe. EFFECTS OF THE ENCOURAGEMENT OF THE ABOLITION EXCITEMENT. While the British Wings are threatening to carry their point by “hunting knives ” a gainst the Democracy, which in the North and South stands in the breach in defence of our institutions, political and domestic, the negroes have already commenced the work ol violence, with scythes, and other mortal instruments; “A REVOLT AMONG THE NEGROES.— We i learn from the Howard Free Press of Satur day, that a most desperate afl'rav took place j on Mr. Green’s plantation, in Anne Arundel i county, on Friday, but which fortunately ter j minuted without any serious injury to the ! parties concerned. Three or four of the ne ! groes employed by Mr. G. refused to obey i <he orders ot the overseer, and threatened to j murder Ins family, and he attempted to clias tise them; but they resisted his attempts. He | found >t necessary to summon a “posse cotni- I tat us” and an officer was immediately sent ior, who arrived in good season, but not be fore the negroes had armed themselves with scythes and clubs, ready to resist all attempts to arrest them. ‘I lie officer together with the overseer attacked them, but al'ter a des perate effort, they were compelled to give up the conflict. The negto who was armed with a scythe made a pass at the head of the officer, who barely escaped having his head severed from his body, the weapon pass ing immediately over it, the officer at this is sue discharged a pistol at the man and lodg ed the contents immediately under the left shoulder, but with no serious effect. The negro, who was a strong muscular man, made another pass at the overseer and struck him on the arm, the weapon, however, glanc ing downwards, and only severed the flesh from the hone. I lie officer anti overseer then found it necessary 1o retreat and recruit their force, they were, however, pursued by the negroes, anc only made their escape by the fleetness of their horses. The negroes, with one exception, have since been arrested and committed to jail. —Baltimore Sun. • From the Globe. THE CASE IS ALTERED WHEN TTIli NORTHERN BULL HAS GORED THE SOUTHERN OX. The whole body oh Federalism has raised an outcry against President Van Buren in the South, because lie refused to set aside the sentence oh a court martial, hounded on charg es: established exclusively on the testimony of white witnesses, rejecting the applicants to interfere, on the pretext that black witnesses had been examined on other charges. Now wnat will the cavaliers say when they find that their own Aummistration, consisting - of their approved favorites, Adams, Clay, Bar bour, and Southard; sanctioned (not mere ly the removal oi a navy officer trom one sta tion to another,as is the case of Lieut. IIooe,) but a sentence cashiering him upon the testimony oj a negro, sustaining the charge upon which a conviction depended. n We copy so much of the record as will snow the nature ot the offence—and the de cision ol the court, as confirmed by Mr. Ad ams,no doubt, with the advice of Mr. South ard, his Secretary of the Navy, at least, if not with that of his whole Cabinet. Not one word was uttered by the sensitive partisans of Whiggery in the South, who are, at this moment, and were then, in close hug, \\ ;t!i the Adams, Clay, Barbour, and South ard administration, against this proceeding. I hey could see an American officer cashiered upon black testimony then, although now they v, ould condemn a President because lie would not overthrow legal evidence sustaining a just comic■ ion, on tne ground that evidence ques tioned as illegal , was given as to other charges though not sustained by the court upon it! ! It should never be forgotten, that when the mends of the Administration sought, at the last session of Congress, to pul down by law the admission ol negro witnesses by court mariials, Mr. Botts, together with the Abo litionists and Federalists in Congress, voted down the attempt; the state of business in the I‘ouso being such as to enable a minority of or.e-ihird to defeat the measures proposed by the Democracy. Extract from the proceedings of a Court Mar tial held at Philadelphia on the Ist November, ] 827, for the trial <.J Midshipman l'arnifold (dreen. “David Trusty, a black man, servant of Lieut. White, being duly sworn, according to law, deposes and says: ‘"Question.' —Do you remember going one night last winter into the mess room of the In dependence, by orders of Lieut White! State what occurred. Auzuei . -Jne night Mr. White sent me nto the room, to carry a letter for Mr. Green. Mr. F. Green asked me who the letter was for. 1 said it was for big Mr. Green. There were two Mr. Greens on board. I had forgot ten Ins first name at the time. lie told°ine to hand it to him. I did so. The next thing •was, he inquired what my name was. I told him my name was David Trusty. He asked me what Mr. White sent that letter for. I ! said I did not know what was in it. lie said, . I guess your name is Mr. Black, and then I j went out | “On another time I was sent, by Mr. While j to the mess-room to get Charles Green’s ham ) mock. I v. ’ at the door two or three tmes. No i .* mu answered. I shoved the j door open Togo in slr. Famifold Green was standing partly aside of the door, there was a in the room, so that I could see; I saw j him making a blow* at me; I raised my arm, and received ihe blow on my arm. It was with a stick; the stick broke over my firm; [NO. 36