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COLUMBUS, GEORGIA.
FRIDAY MORNING, JUNE 17, 1853.
FOR GOVERNOR.
11ERSC1IEL V. JOHNSON.
DEMOCRATIC STATE CONVENTION.
MiLLKDGtvu.LR, W tdinsday, June ,5. 1853.
The convi ntifit) met t the Capitol at 11 o'clock to-
Mr. McMillan, of , was railed to the chair
and two hundred and seven deh gates appeared r pre
senting 79 eounti* s.
Thos J. Burney, of Morgan county, was elected
President, and Merst s. Kennan, Whitfi. Id, Robison, of
Washington, Puise, of Chatham, Wilcox, of Irwin.
Tu< ker, of Stewart, and Woottcn. of Carrol, Vice Presi
dents ; and Messrs. Morton, of Muscogee, and Hood,
of Gordon were appointed Seeretaries of the convention.
Mr. Harrison, of Chatham, moved that a majority of
the vote* should be sufficient to *lect the candidate for
Governor; and Mr. Lomax, of Muscogee, moved as a
substitute the adoption of the two thirds rule. Avery
animated discussion arose thereupon, wlnrein Gardner,
ot Richmond, and McMillan, of Habersham, advocated
the substitute, and Messrs. Flournoy, of Washington.
Howard, of Crawford, and Ilillyer, of Newton, opposed
it. This discussion elicited some fe ling, but good tem
per was soon restored by the withdrawal of the original
resolution. Mr. Lomax, of Muscogee, then moved the
two-thirds rule, which waa almost unanimously adopted.
Immediately the ballot cornmcnc and and resulted as
follows ;
FIRST BALLOT.
11. V. Johnson 129 ; 11. G. Lamar 79 ; 11. A. Har
alson 71 ; Hiram Warner 24 ; II R. Jackson 24.
SECOND BALLOT.
11. V. Johnson 163 ; H. G. Lamar 51 ; 11. A. Har
alson 77 ; Hiram Werner 16; Starnes 3, and 11. R.
Jackson 5.
The convention then adjourned until 3 o’clock, in the
very best temper.
The only occurrence that has yet transpired to show the
temper of the conventii n, waa the adoption of the two
thirdsrule. Though the friends of Johnson wereevident
ly largt Jy in the ascendant, and could have fixed the ma
jority rule upon theeonvention, and thereby almost cer
tainly secured bis nomination. Many of them advocated
the two thirds rule and thereby gave the highest evidence
that they preferred the harmony of the party and the
good of the country to the nomination of their favorite.
“Harmony,” “conciliation” are the watchwords of
almost every delegate, and whoever may be nominated
will be ardently supported by every man in the conven
tion. The mail closes at 3 and there are no “wires” at
the capitd. In great haste.
MUSCOGEE.
BY TELEGRAPH.
EXPRESSLY FOR THE TIMES & SENTINEL.
Milledgeville, S o’clock, 10 in., P. M. )
June 16, 1853. |
On the third ballot Johnson received 172 ; Haral
son 91 : Lamar 26 ; Jackson 3; WarnerS; Starke 3.
On the Fourth ballot Johnson received 192 ; Haral
son 98 ; Starke 15 ; Jackson 3
On the Fifth ballot Johnson received 205 ; llaralson
85 ; Starke 12 : Starnes 3 ; Bi nning 10.
The nomination of Johnson was made unanimously I
and gave general satisfaction.
The Mesilla Valley.
Everything that bodes a disruption with Mexico, gives
rise to endless speculation throughout the country. A
French adventurer seizes upon an unprotected province
in times of intestine discord, and flourishes a blazing
proclamation, and imim-diatel) our joui ualists put their
heads together to manufacture war for our Govern*
men:, and profess to discover a premeditated, fixed pur
pose on the part ot a distant nation to embroil us in
aims. A bastv net on the part of two or three officials,
thousands of mi es from the seats of their respective
governments,, sets the whole country agog as to the
possibilities and probabilities of this and that const quence,
befo-e either government has had time to make an in
vestigation of the matter. With no data but lying re
ports and semi-official d< senses of the blunder, we set
to work to condemn one—mark out a course of conduct
for another—and instruct the government in detail as
to what should be its proper course. In the case of
the Mesilla Valley, Guv. I.ank was censured all over
the c untry before anybody knew a word which they
could settle upon as dt finite. Conjecture was rife as
to the part our Government was playing in the game, j
Some professed to see a settled plan, by which we were
to bt come involved in a bloody war, and hydras and ;
chimeras dire started up wherever an ink pot could be :
upset anJ blazing capitals read. Wo need not say that
it is a practice of many journals to get up something
new and startling, to make a mountain out of every
mole hill, and when they have 6et the train a-going, to |
lay back and laugh at the tempest they have raised, j
After all the fuss is over, and the facts in the ease aa- j
certained, we find in the Mesilla Valley affair that I
our threatened war with Mexeo dwindles into a
ridiculous absurdity. The whole difficulty can, and
we doubt not will, be settled by an hour's adju
dication between the two governments. No one
has ever seriously believed that the present admin
istration desired to provoke a war with Mexico, and
least of all, upon the flimsy pretense now urged. The
whole matter of the present controversy resolves itself
into this : A misunderstanding ; s to the true boundary j
line—which Mr. Commissioner Bartlett run, and j
which those connected with him dissented from. Gov.
Trias very foolishly flared up and beat bis drum. Gov. I
Lank very properly r fused to allow the beligerent Mexi* j
can io have everything his own way. The matter is now
betore the proper authorities—and we doubt not, will re- ‘
suit amicably—and we shall have to scare up something ■
else to manufacture war of. This much good, however, •
tesuits trom our propensity to give undue importance to j
trivial matter, we become acquainted with what was
before comparatively unknown—we learn the geography
of a great deal of country we never before heard of,
and like Alchymists seeking for the philosopher’s stone,
a great many facts are brought to light as to policies
and principles of governments, which we should proba
bly not so toon have become acquainted with. As wars
and rumors of wars appear to be the prevailing topics
which vaticination deals in, we wouldn't be surprised
it something did turn up in order to let off our su;>er
fluous blood. We seem to desire depletion badly. Wc
have talked over the projects of the French Empire—
Cuba and war with Spain—sv>nora—Mr. Soule anil
the Spanish Court—the Garay #nd Sloo grants—the
fishery question—and lastly, the Mesilla Valley *fifa r.
M hat next 7 By all means set aon&thioji afloat of w*-
shall di ol ennui.
First Congressional District
Col. Jameb L Seward, of Thomas county* is a
candidate for Congress from the Ist Congressional
District.
Third Congressional District.
Hon. Dav.d J. Bailey has been nominated by the
Democratic party ot the 3d Congressional District for
re-election to Congress.
Public Document*.
I We are indi bt*d to the lion. Robert Toombs for
valuable public documents.
Editorial Change.
B. C. Pressiet Eeq.. the farmer able editor of the
Southern Standard, published at Charleston, has been
, succeeded by Leonidas W. Spratt. Mr. Pressley is
’ still the proprietor of the paper.
Acquitted.
j Thomas Yarbrough, one of the party arrested on
’ charge of plac ng obstructions on the Muscogee Railroad,
was tried in our Superior court on Tuesday last and
acquitted.
The trial of .Tames Forsyth for the murder of Puss
Bugg. was taken up on Wednesday morning and is
still progressing, the argument in the ease will close
to-day. C- lquitt & Holt for the defendant, Me-
Dougald & De Von and the Solicitor General for the
State.
O” A Washington despatch to the New York Cour
ier says: The report that Judge Conklin had written
to Gov. Lane requesting him to desist from seizing Me
silla, creates some sensati n here, but is not credited.
The indications now are that Lane is sustained by the
Administration.
A long Cabinet meeting has been held today. It is
understood that the Fisheries, and the instructions to
Gen. Garland with reference to Mexican affairs, were
the subject of discussion. The Mesilla question looks
more threatening, and the accumulation of British force
on the fishing grounds requires all the circumspection of
the Government.
ID” The Editor of the New York Journal of Corn
merce says that on Thursday, he conversed with a
j Southern planter from the Northern part of Georgia.
| who has come on to engage men to work on his plan
; tation. “He has commenced harvesting and requires
additional help; but the enhanced value of slave* since
the Abolition agitation places it beyond his ability to
purchase a larger supply, and white labor can be em
ployed more economically than that of hired slaves.”
The Board ot Directors of the Baltimore and
Ohio Raiiroad Company have determined to reduce the
fare between Baltimore and Washington, to $1.25 ;
i and to reduce the round trip ticket, good for the day
only, to $1,50 both rates to go into effect on the Ist
of July ensuing.
OCf Accounts from Turk’s Island to the 14th of’
May, state that to that date, no salt had been raked up
this year ; yet, but little rain having fallen, the pros
pects were good.
D” It is stated that in the event of further difficul.
ties with Mexico, Gen. Wool will take command in the
field. ?
££r The New York Post of Thursday says, the j
cabinet has been in session since Monday, engag.-d as :
is j-upposi and, chiefly upon the Mesilla Valley qu stiun.
Tfor the times and sentinel.]
The Democratic Party—'The 2d District—lion.
Marshall J. Wellborn.
The Enquirer is astonished that Gen. Pierce cannot find
any body but Fire Eaters to fill the public offices in his
gift. The Editor makes his facts and then gets up a fit of
surpri e. Col. Henry R. Jackson, who was well known
to the country as a conspicuous Union man, has received
a very handsome appointment at the President’s hands;
and the readers of the Enquirer have lately been edified
with the lugubrious complaints of that paper over the ap
pointment of certain Ftee Soiiers ; and these latter have so
afflicted our neighbor as almost to kill the old leaven of
Whiggery in him,and make up in him the new man of
“Conservatism.” Now, we apprehend that the Enquirer!
and all the politicians ot its ilk, are more hurt and chagtin- ;
ed than astonished, at the honorable recognition by the !
President, of men whose unpardonable crime it was, to
stand by their own section in a sectional dispute. Our
neighbor w ould have preferred that Gen. Pierce should
have put his interpretation on the conduct of the Southern
Rights party, and hold them —not as patriots standing up
for the equal territorial rights of the States, aid the invio
lability of the constitution, but as Traitors seeking to fire
the Temple of the American Union. But history has al- I
ready dissipated the mists of humbug and detraction which
politicians of the. Enquirer stamp sought to throw around the i
struggle of 1850-’sl, and the judgment of the whole country I
has pronounced the whole series of movements in resistance i
of the compromise of tnat era as eminently praiseworthy !
and patriotic, and as having done more than any event of
the last quarter of a century, to strengthen the bonds of the
Union, by forcing back the heady current of Federal usur
pation and restoring the National administration to its
State Rights channels. It is high proof of this, that the Pres
ident of the U. S., born and reared in the granite region of a
State Rights political faith, does not join in the cry of pi o
scription against Southern Rights men, raised by men, born
and reared on the soil, which was the object of attack and
defence. Union and compromise man, though he be, Gun.
Pierce has a head to perceive and a soul to appr ciate ?.he
motives wdiieh animated the men who struck boldly for
their firesides, institutions and homes.
T here is a wonderfully parallel case in the history of our
first revolution. Beyond a doubt, the royal party in Amer
ica, who adhered to King Geoige as their lawful liege
and king, were greatly “astonished” at the close of the
war, to see with what wonderful accord, the w’orid pro
nounced a “well done” upon the patriotism of George
Washington and his compatriots. These gentry might
have well exclaimed—“ Why we thought we were the pat
riots, who were fighting for our king and country,and that
Washington was a rebel, attainted of high treason against
the British Union and a price set on his head.” Let the
non-resistants of the present day take a lesson from this il
lustrious examp'e and cease to rail with pointless venom
and satire against Southern Rights men—cea-e the fruitless
attempt, grown threadbare by stale repetition, to cry down
the advocates of a great cause under the mad-dog cry of
“fire-eaters” and “disunionists.”
But there is another view of this subject to which we
would invite the attention of our Democratic brethren.
This “damnable iteration” of a worn out cry, on the part ol
the Enquire;—what Lit and wh&t it object, but to throw a
tirebiand of discord into the ranks of the now re-united
Democratic party ? We have agreed in our Democratic
family, Union Democrats and Southern Rights Democrats,
that the issues of the past are settled and gone, that “by-gones
shall be by-gones”and be buried w th their heart-burnings
and differences with the controversy which gave rise to
them. We have agreed to meet on the common platform
of the Baltimore Convention of 1852, and to ra !y together
as brother Democrats around the Republican State Rights
j adminbtration ol President Pierce. The new party to
! which the Enquirer belongs—the Conservatives (!) dread
j this friendly locking of shields, and would bieak thisin
i vincible phalanx by adroitly sowing the seeds of suspicion
| and distrust among its members. Shall we be silly enough
to succumb to the weak aits of the enemy, or with a noble
disdain, bury past prejudices to stand by our principles ?
Speaking for the Southern Rights party, we are ready to
act, fully and frankly on this principle. Perfectly satisfied
with the recognition of the integrity ot our course by the
National administration, it is a feeling of our hearts, dietat
i ed alike by sentiments of generosity and motives of policy
| to give to Union Democratseordiallysupportingtheadmin
i-tration, such positions as they may ask and gratify their
i ambition and pride to the fullest extent. We beli**ve these
| are the sentiments of the Editor now absent on public duty
j at Milledgeville—they are cettainly those of the writer, his
locum tenens for the moment,himself, by no means a very
moderate fire-eater in his time. We think this course is
I demanded by propriety, by justice and by generosity. Our
wing ot the party is in the majority—it is for the strong to
be magnanimous, and the feeling of conscious magnanimi
|ty is worth all the offices in the world. A few months ago,
i while the fires of persecution and detraction against our
i Southern Rights brethren were burning fierce and bright,
| we were clear for maintaining a strong defensive position—
; for running Southern Rights men for everything, and com
pelling recusants to choose between them and Whigs.
But the times and the circumstances are changed. Our
honors and our characters have been nobly vindicated
by he National administration and by the verdict of eo
ternporary public opinion ; and we now believe that the
convention to meet to-day at Milledgeville* should nomi
nate a Union Democrat, and that in this Congressional Dis*
trict, a Union Democratic supporter of the administration
should be put in the field for Congress. And looking over
the ground, we unhesitatingly say, that the man for the oc
casion is one, who although we have strongly opposed him
in times past, politically, we have never lost our respect for
him personally, or questioned the motives which prompted
him to what we considered an ill-advised course. We
refer to MARSHALL J. WELLBORN. The reasons
for this opinion are most clear and obvious to our mind -
We have not space here, to enumerate them all. Mr.
J< hnson, the late member,is to take the field again—not as
a Whig, but under the less trying title to his nerves, ol a
“Conservative.” True, “Conservative” is the “same old
coon”—hut sometimes it is expedient to ignore the enquiry
of Shakspeare, “what’s in a name ?” Politicians some
times think names are things—and one of the things tiiat
politicians like to have nameless in regard to themselves is,
that they have turned their coats. Mr. Johnson went into |
the contest of 1850 a Democrat. He came out of it, ranged •
along side of the old enemies of Democracy, and now with 1
the triad influences of Whiggery, Conservatism and Union- i
I i sm he expects to slip easily over a stream, whose Hood tide
j buo* ed him up two years ago. By the abstraction of Irwin
and Houston from the District, the vote is exceeding
ly close as between old party lines ; and hence an opponent
should be put up to meet Mr. Johnson on all three of the
trumps ho means to play. Judge Wellborn is that man.
He is a Democrat, which Mr. Johnson has ceased to be
(and we understand blesses God for his deliverance from
the party)—he is an administration man which Mr. Johnson
is not; and he is quite as good and a far more consistent
Union man than Mr. Johnson ever was. W e would coun
sel then that all the young Southern Rights men who
have been named for this post, get out of the way and give ;
a clear field to Wellborn, and ihereby give a hearty earnest
ot our sincerity in the good work of re-union, and put an
everlastingextingui-her upon the clamor which the Con
servative” Enquirer rabes to rebut it. We beg to repeat,
that the Editor of this paper is not responsible for these sen
timents and opinions. When he returns he can a, prove or
repudiate them. Meantime, the wiiter, when he puts pen :
to paper is in the habit of sayii g what he thinks and feels, i
F.
*The above communication was intended for last VVed
netday’s issue, but was unavoidably crowded out.
Public Meeting.
Bald Hill, June 3d, 1653.
j Pursuant to advertisement, a large number of the citi
zens of the counties o! Muscogee, Stewart and Marion,
met here in convention to-day, to consult upon the forma,
tion ot a county to by compost and of contiguous parts of the
above, and organised by electing the Rev. Stephen Par
j ker, Pr sidciit, Thos. F. Wooldridge and Isaac N.
Johnson Vice Presidents, and Wm. S. Johnson Seere.
| tary.
i On motion the President appointed Messrs. Wm. S.
Johnson, A. McD.-ugale, J. P. Lowe, Wm. B. Harder*
! 80,1 and O. K. Gian ton, a commit tec to suggest matters
j tor the action of the convention, who, by their chairman,
made the following
REPORT:
In this nation the People are sovereign; and among
their recognised and immutable rights is that of amending
or repealing laws, and ot altering or subverting munici
pal organizations whenever they are abortive, or in their
operations prove to be burdensome, inconvenient, or in
jurious to the communities afficted by them ;as well as
to enact such new laws, and to create such new bodies
politic as, Irom time to time, appearing the experience of the
people to be essential for the presei vation and enjoyment
of their “inalienable rights.”
And whereas, our incorporation into the respective ;
counties of Muscogee, Marion and Stewart, (while we I
venerate their names, and are recommended abroad by
our localities.) imposes burdens, and makes of us ex ictions 1
evidently grievous, oppressive, and not easily to be borne, i
it is imper live upon us, the citizens of large portions of 1
those counties, as well tor our own immediate good, as j
to discharge a philanthropic duty we owe to those who
may l.ve here alter us, to urge such changes in our pres
ent political regulations as are manifestly necessary to our :
own prosperity, and their protection and convenience.
Under these patiiotie considerations, be it jointly
Resolved , That we will petition the next Legislature
of Georgia to create a County, composed of contiguous
parts of Muscogee, Stewart and Marion, with such area,
boundaries and name as may hereafter be agreed upon
by itsis convention, with all the rights, powers and im
inunities of a polit cal and civic member of the State of
Georgia ; and that we invite the fraternal co-opeiation of
all the people of our respective counties.
Resolved , That a committee of nine persons be appoint- ‘
ed by toe President to report to this convention at its next j
session, (July 14ih, 1853, at Bald Hill,) proper and equf j
table limits and boundary lint sto the proposed county,
and that a committee of three be likewise appointed to re- j
port at the same time a inemor ul, addressed to the next i
Legislature of Georgia, uj>on which a petition shall be ‘
made.
Resolved , That we earnestly request the respective
presses in tiie aoove named counties to pu lish these
proceedings.
Alter the unanimous adoption of which, Col. A. Me I
l)ouga!e made a speech in favor of the new countv, !
followed by Win. S. Johuson and 11. J. De Von ; soirif
very sensible remarks were also made by Messrs. J. N.
B thune, E .ward Buds ng, P. A. Clayton, B. J. Barber,
3"bt. C. Patterson and J. . McCook. The committees
m ier the second resolution, are:
On Boundary.—Wni. G. Wooldridge, Benj. Janes,
il. Fuller, P. Ray, A. Hickey, John Cole,E. G. Raiford,
D. R. Gianton and Hiram Albritan.
On - Memorial-— Wm. S. Johnson, Rev. R. T. Webb
i and Dr. IS. C. Hitchcock.
On motion, the thanks of ihe convention were made to
the members of “Mount Olive church” for the use ot
ihcir house.
The convention adjourned to meet on the 15th July
next, but on account of a “G-neral meeting” to com
rnencenn that day tit Antioch church, in the territory in
terested, it is thought best that it convene on the 14th.
jas published above. Presses requested above wiii please
publish from Tin es & Sentinel.
! * STEPHEN PARKER, President.
Wm. S. Johnson, Secretary.
1 Arrival of the Prometheus—More Gold.
The steamer Prometheus arrived at New York on
!
the 9th. She brings 400 passengers and about half a
million dollars in geld. She is connected with the
steamer Sierra Nevada, which left San Francisco on the
evening of the 1 6th of Mav, with 537 passengers and
$468,000 in gold on freight for New York. The New
Orleans passengers crossed from ocean to ocean in the
short space of 30 hours on the road.
The sloop of war Cyane had left San Juan on the
21st for Havana.
Hon. Henry 11. Jackson.
We recently announced in our telegraphic col
umn that this young and dis'inguished son of G ‘■•r
gia had been appointed bv the President, charge
and Affaires to the C >urt of Vienna. If ther is any
thing unsuitable in the appointinent.it is, b; cause a
full mis-ion ha-not been bestowed upon him; for. if
we may judge of the future by the
| be ter tpst car. we have 1) be would have Voire honor
to h s native State, as well as to himself, bv the
manner in which he would have discharged itsduties
To say thm the citizens of our whole State, with sin
gular unanimity, without regard to party, rejoice
in this appointment, is simp’y to state a truth well
known by all to he so.
Judge Jackson has hardly yet reached the usual
prime of life, being, we believe, not 33 years of age,
but be has already tilled several important positions,
and all with signal ability. In the war with Mexico,
he commanded the Georgia Regiment, and made it
the best disciplined Volunfeet corps in the army.—
Since then, he has been the pre si ling Judge of this
circuit, and has proved himself to be equal to any
emergency—and no one can say with truth, that he
has been wanting in every requisite tor the jurist
and the Judge. N >vv lie Commences anew career
—if the opportunity be given to him, un’e-s we
greatlv mistake the man, he will earn as brilliant a
reput tion as a diplomatist, as he has already done
in every station he has adorned.
We regret for the sake of our State, that we are
to lose his services —even now his name is promi
nently mentioned for the high pos of Governor of
Georgia—but we hear and believe he has consented
to accept the foreign appointment. We wish him
health, honor and happiness and we are sure the
democracy of our Stite will cordially join with us
in these feeling, as we know they do, in satisfac
tion that such an appointment has been made.
[Sau. JV eics.
The Atlanta Bank.
We had an interview yesterday with Mr. S.
C. Higginson, the President of his Institution ;
and having copied an article on the 2 st u!t.
from the t hronie'e 4* Sentinel, and heard many
rumors tending to excite distrust and prejudice
againstthe Bank and its managers, v\e felt it to
be due to the public as well as to the corpora
tors of the Bank to make such inquiries of Mr.
Higginson as to its present condition and fu
ture prospects, as would satisfy the public con
fidence of the turnfire intention of the Direc
tors to manage its affairs in strict accordance
with its charter an&thp laws of the Siate. It
is due to Mr. Higginson to say that his con
versation, and answers to our inquiries were
unreserved, and he gave us every assurance
that the affairs of the Bank will be regulated
according to the best and strictest rules of
banking, and with reference to the public in
terests.
In addi ion to these assurances Mr. Hig in
son exhibited to us a letter, o t recentdate. Irom
the cashier of o e of the soundest banking
institutions of the city of New York, to a bank
officer in South Carolina, in which the writer
states, that George ■’ mith, Esq. wt o is repre
settled to be the principa stockholder in the
Atlania l ank is estimated to be one of the
wealthiest bankir> in ( hicago.
From these represntations as well as from
the known characters of the gentlemen in
Georgia who applied for and obtained the
charter of this Benk f om our Legislature, we
hardly think ‘there is a deliberate design to
use this Bank charter for fraudulent pur
poses.”
Mr. Higginson informs us, that the directois in
tend to pursue a legitimate banking business at
Allan a, and to furnish the business community of
that place, with all reasonable monied facilities. If, !
It wever the business of that place will not require j
all the circulation of the Bank,it is then the itnen- ;
Mon of the directois, as it is their rig’t, and as all
other Banks do, to send their Bills to Cli cag<>rto j
any other point, where they have credit and where
tneir circulation is likely to be wanted. The Ch i
cago Banks, are required by Law to deposit State i
stocks as security, tor the amount of their eircuJa- !
t on, and hence they a t ck the issue of other ins i
j * utions whose ci dilation there, is based upon the
j pers nal responsibility of the Stockholders only
j Mr. H'gginson i- forms us further, that $111,(0 )of
• capita! stock oi the Atlanta batik have been
paid in, and the balance of $300,000 capital well be
paid in as fast as wanted. ‘The bank has now in
j its vault #52 00J in specie, which perhaps exceeds
| the amount of its circulation; as, however, a state* -
| mentof the affairs of this institution, will ,-honly be
I published, we will i ot enter into further particulars, j
In not eluding these statements we may be per- j
| tniited to express the hope, tnat the affairs of this
i institution may be managed in such a manner, as
not to reflect injuriously upon the character of
Ge rgia. Her Banking institutions never enjoyed,
and deservedly so, a higher ctedit, nor were never
more sound and flourishing that at present. In
former times the confidence of our people has been
dreadfully abused arid they have been shameful!*
swindled by heartless speculations in Bmk charters.
And no matter for what cause, nor with how littie
reason, the failure of one of our Banks, casts s>.s
pie ons and distrusts over the minds of the people,
against ali other banks, an i thus our sohent insti
'utionsare made nnoeent sufferers, on account o’ ;
the mi-m tnagemen of Banks with which they had ,
no conne.xto >. — Sac. Re u ’die.
The Marine and Fi e Insurance Bank. —We
iearn that Mr Edward Padelford. on Tuesday
last, resigned the Presidency of this In titution,
and that .or. Elias Re and has been elected his
successor.
Mr. I adelford has been the President of this
Bank for the last fifteen years, during which
time his administration has reflected the high
est credi upon the insti ution honor upn
himse f tor his skill and ability as a financier,
and has been attended with manilest benefit
and advantage to the stockholders. \o bnk
ing institution in Georgia erij ysa larger share
of the people’s confidence, than does th j Ma
rine & tire Insurance Bank of Favannah. and
no institution has more promptly paid large
dividenus to its stockholders
On the 7th inst. this Bank declared a dividend
of nine per cent, for the past six months, rq ml
to eighteen p r cent, per annum It will be grafi
tying to the Stockhold rs to earn that Mr J\i
delfbrd’s connection with the Bank cea-■ ;
only in his official capacity as Presiden . Ur
still letains a seat on the oard as a Director
Judge Reed, who succeeds Mr. Padeiturd
has been long and favorably kno n as one i
our best cit.zens and most successful mer
chants, and the public have every confi lenee
in his ability to preserve the high credit and
prosperous condition of the Bank— lSaJ{>
[From the Spirit, of the South.]
A Confession.
We regard the move on the part of some of
the quandatn Whigs in Columbus recently, i,,
a public mee ing, as a confession, an open, pub
lic confession, that ‘he whig party no burner
exists. This has long been btdieved bv many,
acknowledged by some, and acted upon as a
fixed fact by others. For months all has been
confusion in the old whig ranks, all consterna
tion ami dismay among their leaders, while the
hearts of many veterans upon the old battle
fields of whig renown, have failed because of
the fear of the sudden destruction which thev
have felt inevitably awaits their party.
We regard it as settled that the whig party.
South at least, litis “shuffled off’its mortal coil /’
the recent eminent failure in convention at
Montgomery to reorganize, is potent evidence
of the fact. The meeting above alluded to in
Columbus about the same time, *n which not
the slightest allusion was made, not a word of
eulogium pronounced, ora passing tribute of
respect paid in memory of the once renowned
old whig guard, is still strongercontirmation upon
this point. Without apo.ogy or explanation,
they unceremoniously doffed the name of wlim,
and titled themselves the “Conservative paitv.”
But what means this new name, this new mush
room party ? Is another federal aggression con
templated, are other attacks upon the rights of
the South brewing for some future time? It
must be so ; or why is this “Conservadve par
ty/’ this marshalling of conservative, forces so
early, to counsel and compel submission ? Such
a party can have no other signification. What
does a Conservative party mean? A party op
posed to States Rights, and resistance to feder
al usurpation. Can there be any need for such
a party at present, except to prepare for such an
other crisis as the recent infamous compromise
measures occasioned ? “Conservatives/’ what
use are they here, except, to counsel submission
to aggression on our rights? At the Noith,
such a party might have some pertinence ; here
it has none. There, there is need of such a
party to keep down ultraism in every shape;
here, there is need of one, to stimulate to a proper
appreciation of our rights, and to encourage a
spirit to maintain them. A State Rights party
is to preserve inviolate the rights of the States,
from encroachments on the part of the general
government ; a Conservative party, to justify
and encourage them. But who so rabid as to
clamor about State rights, when they are not
infringed; and who, but a “conservative,” w ill
or can oppose resistance to such infringement.
A Conservative party, then, means a party
opposed to State rights, and in favor of succum
bing to any measure of feder.u! policy, however
obnoxious to our section, or o\ir interests, It is
said coming events east their shadows before
them, and we can divine nothing in this new
party move, save the foreshadowings ofcoming
a ?g ression upon the South. We have confi
dence in the present adminstration, however,
and believe we are secure, at least for the pres
ent.
| For one reason we are glad to see this new
party move. It will afford an opportunity lor
all pure State tights men to quit the ranks of
consolidationists and federalists, and range
their instincts, their patriot
ism and their interests prompt them to stand. —
Let others unite and cal! themselves “Conserva
tives,” it is upon a Southern and State tights
party the South is to rely. Conservatives
South and L'/traisfs North, in our judgment,
seems reversing the proper order of things, and
portends anything but good to the Sou'.h.
Another Keported Official Defalcation.
A Washington correspondent of the New Vmk
I Tines s iys :
“I’ is repot ted in high quartets that impojtant do
! velopement wilt soon he made, touching a finaue al
i operation, by which the treasury has been made
to bleed. The Democratic version of this sto
ry is as follows : An Ohio man, named Mi
nor, ob’aincd from Secretary Corwin upwmds
of a year ago. a tnn-fer draft tin New York
for the sum if #LK).OOO, Minor agreeing to (dace
the amount in good hands in New Orients, within
a specified time ; this he failed to do, alleging ih it
the institution in which he deposited the imutey had
Rule . Minor was r> commended to the Secreta'V
as responsible and honorable by the President of a
bank < r Insurance Company in Ohio, and several
letleis in reia ion to him passed between Mr. Cor
win and other parties. Five thousand do liars of tfie
money have been recovered, but the balance, it is
said, will be a total loss. It is hoped that the hue
Secretary will explain, iu due time, the details ot
this tiansaetion.”
j The Rail Road —The subscription for the
stock of the proposed rail road from Enfaul i
connecting with the Mobile and Girard Road,
;is now being industriously circulated. We
J learn tiiat a large amount has been already sub
j seiibed, almost entirely in this place. No class
of the community is so much interested in this
great work as the planters, and if they will ex
hibit tneir usual liberality, there is no doubt
of success. ‘J he time has come when we must
either secure such a connection, or forever
abandon all hope, and prepare ourselves as best
we may for the certain decay that awaits us.—
Let every man then subscribe to the extent of
his ability. He will thus not only advance his
own interests, and those of Ids neighbors, hut
will also substantially aid the progress of civili
zation and general prospeiity.— Spirit of tl> e
South.
Ao Rain j el. —We are on the tenth week nt
drought. One or two slight showers have Id
leu in the city, but one mile off, at nurr sid -nee,
we have not liau rain enough to wet a silk
handkerchief in ten iceeks , and trie prospect
does not brighten. The vegetables we havee t
en had no rain upon them since tho seed was
planted. Corn and cotton in our neighborhood
ire absolutely too gloomy to speak ot much
less to look at. With good rains we can’t
make a half crop. —Federal Union 14 th inst.