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TIMES & SEISTTHSTEL
UOLUMIHJS, GEORGIA. ‘
THURSDAY EVENING, JULY 29, 1858.
Gov. Brown’s Proclamation.
Wepubliehin another column the proclamation of Gov.
Brown in relation to the banks of this State. I” thi* pro
clamation, he has followed the statute to the letter. He
reports those banks which have not complied with the pro
visions of the law, which was made hia imperitive duty
by the act of the Legislature granting relief to the suspend
ed banks. He is the mere agent in the hards of the Legis
lature. He had nodis*cre>ion and publi-hea a 1 i~t of tho-e
banks, where bills will not be taken for taxes or any Sta e
de'>t inconformity totheexi-ii ,g law Then if the remedy
i* not sufficient to etimuhite the banks to a discharge of
thnr duty, the blame re-t on trie eue<al A ernhly under
whose authority the Governor act* and not on the Govern
nor himself He, doubtl-Bj, would have engrafted into the
act a forfeiture ol their charters, if the iaw wa* defied
Then the f blowing side thrust from our eotempnrary, the
Enq tirer, upon Gov Hr >wn is unnecessary at;d amounts
to nothing. The Ei-quirer says .-
The veiy ae sq ioied by the Governor in his proclama
lion afford arid point out the remedy to the citizen and the
■penalty t< the Banks consequent upon a violation of the
law in this regard. I heir bills are worth just as much to
the State or the community w hether they have taken un
lawful interest or rales ot exchange or not; and to enforce
against them, for tailing to show that they have not exact
ed such rates, remedies designed to protect ihe State against
the collection ot its dues in woithless money, is a resort
that does not at all meet the cast pri seated.
But really the Governor’* proclamation will not aflect
the Banks in the least. Their notes, we presume, will still
be readily taken by ihe tax collectors, for the reamn that
the Ranks are now paying specie, and all their issues can
readily be exchanged for coin, or for the bills of the few
Banks that have made the answers required aud are not
therefore embraced in the proclamation.
Senator Hammond** Speeclx-.Hi* View*—The
Dinner
> t the complimentary dinner given to Senator Ham
mond near Beach Island on the22J inst., that gentleman
delivered an hour and halt’s speech, in which he reviewed
the political questions of the day. From a correspondence
in the Chaileston Courier, we condense the following
points, a* indicating his position on the grave ‘ssues before
the public mind*
He discountenanced extremeism of every description—
opp f-e l separate State action, as a remedy f >rour wrongs,
an.J filibustering, as a means ot territorial extension and
national greatness—counselled Southern Union was for
leaving “manifest a- s'iny” : o he worked out hy Providence
—advised the strengthening hi and consolidating ol our own
resources and institutions wihm our limits, as in Texas,
than reeking iheir expansion in Kansas, Mexico, Cen rai
or South America. He opposed the revival of the Afiioan
Slave trade as impracticable within the Union and of
doubtful policy out of it. Did not approve the Nebraska
Kansas act, on account ot the squatter—sovereignty feature
in it. Defended the Conference bill as founded on a Con
gressional recognition of the constitutional right of a terri
tory to enter the Union with a pro-slavery constitution and
as a slave holding State—complimented Col. Bonham
who voted against the bill—was entitled to the confidence
of his constituents—if he erred it was on the safe side and
from an over sensitiveness to Southern rights and Southern
honor. He regarded the prospects of the South and her
ability to maintain her rights greater than at any lormer
period. She had retrieved a series of blunders in respect
to slavery, bank, tariff’and internal improvement. Still vve
were surrounded by perils and it behooved us to be vigilant
—a Southern confederacy was a possible and not an im*
probable event in case ot continued or renewed Northern
aggression. In such an event he would not wait for the
whole South to move—four or five States would be suffi
cient—doubted whether the South would make an issue of
dissolution of the Union on the first election of a Black
Republican President —a second triumph would be the
knell ot the Union. In the meantime he was lor support*
ing the present Administration, which had perilled all for
the South, and the gallant Northern men, who stood by
us- Advised Southern unity, so that we would rule the
Union in the future as in the past, rightfully, because con*
etitutionally— it we should dissolve, the South would have
population, territory, and resources to take her position
among the nations of the earth. He advocated an increase
of the Army and Navy—spoke of the re action of public
sentiment in relation to slaveiy beyond the Atlantic.
Such is a synopsis ii Mr Hammond’s speech. Col
lohn B. Weems, ol Augus a, responded eloquently to the
toast given to Georgia, V\ hi'e she was ready ‘argely to
sacrifice her interests than do violence to the Union, it was
only a Constitutional Union that commanded her love and
veneration He paid a high tribute to Senator Hammond
as a statesman. Hon. James D. Tradewell, who was
loudly called for, complimented Senator Hammond, but
diff red widely with him in sentin cut and policy. He made
a disunion speech Col- Cregg. Col. Cunningham, and
Richard Yeadon Esq, also addressed the assemblage-
Bank of Charleston.
The Annual Report of the officers of this time-honored
institution, s-howing its present condition and the result of
its operations for the present year, is on our table. The
condition of its affairs therein presented is as flattering to
the management, as it is gratifying to ihe friends ot the
Bank. From the nett profits ot the year ending 30th ult.
they have declared two semi annual dividends of four per
cent each, and carried to the credit of reserved profits
$5,588.?4 Tney did this and continued to redeem their
circulation in coin during the Suspension. This, however,
is an old trick with the Bank of Charleston, and practice
may he said to have made her perfect. In her early youth
she had her muscles hardened and her sinews set by the fi
nancial storm ot 1836, which covered the country with
the wrecks of credit, and left the impression of its ravages
on nearly every monied institution in the Union. The
confidence which she then won has never deserted her,and
we presume that her notes to-day, have a wider and freer
circuiaii n than those of any bank between the Atlantic
and Pacific. We subjoin au abstract from the Cashier’s
statement, showing the immediate liabilities aDd resources
of the Bank:
LIABILITIES. %
Notes in Circulation .$291,020
Individual Depositors 526,899
Due City Banks 48.132
“ Distant Banks and Agences 371 2 <2
Dividends unclaimed „ 3 753
$1,231,0c6
RESOURCES.
Specie, $234 556
Notes on other Banks 117 293
Due by Citv Banks 175 392
“ “ Distant Banks aud Agencies 274 4^B
Foreign Exchange 315,899
Domestic “ 693 560
Stocks and Bonds 757,263
$2,568,137
Excess ofavailable resources over immedi
ate liabilities, $1,327,131
Feaeh Trees.
We were shown to day the branch of a peach tree—the
length of our arm—bearing the number of thirty good
size peaches. It was broken from a tree in the orchard of
Mr. Gunby of Beallwood. We have never seen peaches
before grow so close together and so much resemble a
large bunch of grapes
F. W. Pickins, our Minister to Russia, was in
Paris on the 24th of June, making purchases for hie house
at St. Petersburg* He was expected to leave for jthe seat
of his mission in eight or ten days.
Railroad Festival—Mr.Cuyleri
There has been quite a demonstration of public rejoic
ing at the completion of the South-Western extension to
the town of Dawson. A barbecue was served up by the
citizens of this enterprising little town and a number of
speeches made in honor of the occasion. We mingle our
congratulations with those of our friends in this section at
the announcement of the completion of the road to this
point Among the speakers present, we notice the names
of Mr. Cuyler, Mr < lisby of the Macon Telegraph, Mr.
Sullivan of Americus, and Mr. Wooten.
To some of the remarks of Mr Cuyler, we beg leave to
take exception, wjth courtesy and respect. He is reported
in the Macon Telegraph, to have been “particularly se
vere upon the project to secure State aid for the Macon
and Brunswick scheme, calling upon the people to ds.
conn eridiice it at home and through th-dr representatives
in me State Legislature ” It was perfectly legitnna e aid
n. t *V-r Mr. t'nylar to embracj within the range of his
argmiie to i tnis one i>i i the great question ot State a’d,
but we suggest that i was not in accordance with good
taste arid pro rietv tomakean especial attack upon the
Brunswick e iterprise.
It would appear to one unacquainted wi'h the gen’le
man that h- was actuated, fr>m his peculiar telation to the
Ceu ral Kailroad.by a ipnc ft i) jrfch ut\ in his oppo
sition to the Biunswick Road. To what extent the com
p.etion o 1 the latter Road will affict th* revenues of the
road of which Mr. Cuyler is Pre idem, we are not prepared
to say. It would seem, however, that Mr. Cuyler is ap
prehensive of a decline in the dividends o his road, and
counsels the people of the South West, to whose ear he
had access on tnis occasion, to oppose particularly aid be*
ing granted to ihisroad Would it not have been moie
in eonf'rniity to <he strict rules of justice and propriety to
have left this question opt-n for the decision of tne Legisla
ture in its wisdom, after a lull investigation ot its peculiar
claims? Why seek to poison the mindsof the people in
this section against State Aid being granted to the Biuus
wickroadin advanced the meeting of the Legislature or
before its claims are dheussed and understood?
We do not design to be the advocate of State aid or to
be regatded as favoring such a p licy. On the contrary,
we are opposed to it. It is wrong in principle. But we
must confess, when we look over the mapol the State, and
behold Biunswick, sn favored by nature, its splendid bay
where the largest vessels may teposewith security, its mag
nificent outlet to the ocean .struggling to remove its swad
dling bands and asking the State to lend it her staff for tem
porary support, a spirit of generosity and pride is awakened
in onr bosom and we can scarcely refuse to extend that re
lief which will raise up into life, manhood and beauty this
infant city. Neither can we believe that motives of jeal.
ousy will induce Savannah to throw obstacles in the way
of the progress of Brunswick. She has too much magnan
imity. She will mind he own affairs and it ihe Legislature
se<-s proper to grant aid to Brunswick, her prayer will be,
! that the Suu of its bright hopes may never set in gloom.
business men of Americus are speculating abou t
connecting their icwn with Macon by Telegraph.
Interesting from Centra! Amefica.
New York, July 28.—The Times’ Panama correspon
dence contains thesubstauce of Gen. Cass’ letters to Mar
tinez,on the subject ot the refusal by Martinez to sign the
Yri-arri treaty. Gen. Cass accuses Martinez of an at
tempt to insult this government, by withholding the treaty
after his pledge to Mr- Lamar,
Gen. Cass demands a return of the treaty as it was rati
fied by the Assembly of Nicaragua, and gives notice that
in regard to the rights of American citizens in Nicaragua
this government will not submit to an arbitrary action by
Nicaragua, as that government was devoid of adequate tri
bunals.
Tne Cabinet at Washington have no other resource but
to decide the matter by sending the proper naval force to
both sides of the Isthmus.
Later from the Pacific Coast.
New York, July 27—The steamship Moses Taylor,
from Aspinwall, has arrived, with passengers and the mails
from California, and over one million in treasure.
The gold excitement on Frazier’s river continues unaba*
ted. Tho reports from the mines, as to their richness are
almost fabulous.
Indians are pouring into that section and Oregon, and an
indiscriminate messacre is feared
The elections in Oregon are over, and the Democratic
ticket has been successful.
The Cass-Heron treaty has been rejected by the Gran
adian Congress.
The steamship line from Aspinwall to Havana has been
withdrawn. The regular steamers will herafter stop at
Key West.
Washington New*.
Washington, July 22.—Tho Secretary of the
Navy i- making arrangements to send a sufficient
force to Paraguay to make the American flag re
i speeded there. He has some difficulty in deci- I
| ding upon the vessels to send. Unfortunately we
; are and fi ient in the class of vessels of light diaft
of water for such service. A force will be sent, j
however, and that without delay.
The sluops-of war for which appropriation was
made last session of Congress w ill be constructed
at the following places—One at PenscoL: one ai
NuifYk; one at Ki'tery, Maim; one paddle wheel
steamer, drawing three to four feet water, at San
; Francisco; two probably at Philadelphia, and two
at New York. Three are to draw not more than
ten feet of water, and the rest not more titan four
teen feet The Secretary of the Navy, seeing the
necessity for ve-sels of light draff, will n<>t permit
them to exceed this, but rather desires they should
be under the draft.
An ival court martial h?is been ordered for the
trial of Assistant Surgeon Burtt, at Norfolk on the
20th inst.. to consi-t of Captain Purviance, Com
manders Robb, Tucker, Kenderson, Pennock and
Mclntosh; Lieut. Bari ey. Judge Advocate, George
Blow, jr.
The Navy Department has dispatches from
Commander Page, of the East India Squadron, on
borrd the sloop of war Germantown, Health of
officers and crew good. Captain Tatriall of the
San Jacinto, was at Whampoa. The Mississippi
and Minesota were on the northern coast of China
The Powhattan had not arrived from the United
States. Commander Page says that the German
town had outsailed every vessel she had fallen in
with.
The Vice-President of Kentucky.
A democratic mass meeting was held at Har
rodsburg, Kentucky, on Thursday week last,
which was addressed by Vice President Brechin**
ridge, Hon. James B. Clay, and Hon Wm. Pres
ton. Mr. Breckinridge defended the administration
from the charges of extravagance and profligacy
brought against it. Upon the Kansas question he
is reported as follows by the Kentucky State
Fiag :
‘•Touching the subject of Kansas admission, he
approved the policy of the President, and believed
the measures he had proposed for the adjustment
of that question characterized by disinterested pa
triotism and by sound piactical wisdom. He then
entered into a elaborate argument in support of the
position taken by the administration and the South,
and sustained himself by so fair a review of the
facts and by arguments so conclusive that it was
difficult to believe any fair man would controvert
his positions. Under all the circumstances he be
lieved, and had ever believed, that the President
had recommended the wisest measures for the
proper and peaceful adjustment of the difficul
ties/’
Further by the Europa.
Haliflx, July 27.—The steamship Enropa has arrived
here, but the principal points of her news were telegraphed
from St. Johnson Monday.
The Europa experienced moderate weather on her pas
sage, and passed a large screw steamer on the 22d inst.
The London Times pronounces the steamship Agamem
non as unfit to lay the Atlantic cable, and suggest the pro
priety of building a large steamship tor that especial pur
pose, if the Leviathan or Great Eastern cannot be obtained.
Three hundred persons were recently injured by an ex
plosion of fire works in London.
Spain tia9 sent a remonstrance against the B itLh insnl’9
perpetrated in Cuba.
The Turkish troops have had three conflicts with tho
Montenegrins and finally dmve them into the mountains.
The Mussel men are driving the Christians from Candia-
The rebels nflndia, with great force, are concentrating
around Lucknow.
The Right of Search Abandoned. — J he Liv
erpool Post refering to the American celebration
in London remarks:
The American Ambassador, Mr. Ddlas, at the
Fourth of July in London, on Monday
evening, made an announcement which was re
ceived with loud cheers, that “vsit and search, in
regard to American vessels, on the high seas, in
time of ppacp, was frankly and finally ended
adding the assurance that the termination ot that
for which the American nation-ihad struggled for
nearly half a century, had been b ought about with
a degree of honorable candor and fair dealing on
the part of the British Government which was
worthy of every acknowledgement.
Later from New Mexico,
Independence, Julv 19, vi * Boonville, July 23, per
U. S. Express.—Th ■ Santa Fe mail, with dates to
the 1-t instant, has arrived.
All the waters on the route were very high.
Extensive prepa r ations were being made at
at Santa Fe to properly celebrate the Fourth of
July.
The surveying party on the Canadian river re
port a splendid country, withj abundant water and
grass, and in every way suitaole for a railway.
The mail party suffered no molestation from the
Indians.
Some of the trains which left here in the spring
had arrived at Santa Fe. Those oh the plains
were getting along finely.
The grass was never in a better condition.
The Utah Expedition,
Leavenworth, July 20, via St Louis, July 23,
per U. IS. Express which left Fort Leaven wort It on
the 2d, with orders for General Harney to halt and
await instructions from Washington, has returned.
Gen. Harney was overtaken fifteen miles east of
the Crossing of Smith’s Fork of the Platte River,
on the Bth instant.
General Harney intended to meet the principal
chiefs and a considerable b’ dy of the Cheyennes,
who being aware of the presence of Harney in their
country, were desirous of holding a council with
him, for the purpose -f renewing their assurances
of friendship toward the whites.
Capt. Simpson, who vvas despatched with orders
countermanding the advance of a portion of ttie
reinforcement, was met at Fort Kearney on the
11th, and probably came up with Gen. Harney’s
headquarters by the 16th.
The troops and trains were all getting along well
although the latter were somewhat delayed by
high water. Col. May’s column was met on the
9ih, near Ofallon’s Bluff.
Col. Morrison’s command was met above Plum
creek on the 10th.
Col. Sumner was in camp near Fort Kearney on
the 11th.
Majors Emery’s and Whiting’s columns were
near the Little Blue on the 13th.
Proclamation of Gov, Cumming.
To the Inhabitants of Utah and others whom it
may concern ,
Whereas, James Buchanan, President of the
United States, at the city of Washington, the sixth
day of April, eighteen hundred and fifty eight,did
bv his proclamation, offer to the inhabitants of
U alt, who submit to the laws, “a free and full
pardon” for all treason and sedition heretofore
committed, and
Whereas, the proffered pardon was accepted
vvi’h prescribed terms of the Proclamation by the
citizens of Utah.
Now, therefore, I Alfred Cumming, Governorof
Utah Territory, in the name of James Buchanan.
President of the United States, do proclaim that
ah persons who submit themselves to the laws,
and to the Federal Government, are by him “free
ly and fully pardoned” for all treason and sedition
heretofore committed.
All criminal < ffences associated with or growing
out of the overt nets of sedition and treason are
merged in them and are embraced in the “free and
full pardon” of the President.
And I exh rt all persons to persevere in a faith
ful submission to the laws, and patriotic devotion
to the constitution and government of our common
country.
Pea'-e is restored in our territory.
All civil officers both lederal and territorial will
resume the performance of the duties ot their re
spective offices without delav, and be diligent and
faithful in the execution of the law.
All citizens of the United States in this territory
will aid and assist the officers in the performance
of their duties.
Fellow citizens: I offer to you my congratula
tions for the peaceful and honorable adjustment of
rec-nt difficulties.
Those citizens who left their homes I inv.te to
return as soon as they can do so with propriety
and convenience.
To all I announce my determination to enforce
obedience to all the laws both Federal and Terri
torial.
Trespasses on property, whether real or person
al, must be scrupulously avoided.
Gaming and other vices are punished by terri
torial statuies with peculiar severity, and I com
mend the perusal of those statutes to those per
sons who have not had an opportunity of doing so
previously.
Hereunto I set my hand, and cause the seal of
the territory to.be affixed, at Great Salt Lake
City, in the Territory of Utah; this fourteenth
day of Juue, one thousand eight hundred and
fiby-eight, and of the Independence of the
Uniied States the eighty-second.
A. CUMMING.
By the Governor,
John Harnett, Secretary.
Death of Gen. Gordon. — We regret to an
nounce the death of this distinguished citizen. He
expired on ihe 21st inst. at his residence in Alber
ntiarle. In early life Gen. Gordon attained a high
position in the State, and although he has not par
ticipated in the strife of politics for many years
past, yet, to the day of his death, he was esteemed
among the worthiest of the Democratic leaders.—
He was a rigid disciple of the Stale Rights School
and an inflexible companion of the rights of the
South. A fervid oratory was his most characteris
tic talent-—an incorruptible integrity his distin
guishing virtue. In the relations of private life he
commanded universal respect, and among his mo-e
intimate friends he was regarded with a warm
and constant affection. He was long an inlluentiaj
member of the State Legislature. He served but
one term in Congress, but that sufficed to give him
a historic name, for he had the honor of proposing
the Sub-Treasury system. At his death he held
the commission of Major General in the militia of
Virginia. A braver, truer, or more generous heart
never beat in any man’s bosom than glowed in the
breast ofWm. Gordon— Richmond South.
The Becent Earthquake in Mexico.
The following interesting account of the recent
earthquake in Mexico is contained in the des
patch from our minister to that country, Mr. For
syth :
* “On the 19th ultimo the severest earthquake of
the present century was experienced in this city,
and. as far as heard from, in all parts of Mexico,
i I was walking *n the stree at the time with Mr.
Fearn. f.lv first impression was that 1 was seized
with a sudden vertigo, and upon stretching out
my hand to my companion for support l found him
making the same motion. The falling ot the peo
ple upon their knees, their audible prayers, the vio
lent slamming of the doors and windows of the
neighboring houses, s<>on admonished us that it
was a temblar of unusual violence. We were
arrested immediately under the tall spire of the
Convent of the Profesa. Looking tip, and finding
it swaying to and fro like the inverted pendulum
of a clock, we moved away from its dangerous
proximity and paused in the middle of the street.
The motion was so great that it was not easy to
keep one’s feet, although bracing them apart and
planting a cane to aid them. The motion produced
upon the houses has precisely the effect of a sea
swell, the spongy soil upon which the city is built
yielding to the terrific phenomenon in, a series of
iong undulating waves. It lasted a minute and a
half, though not with the greatest violence all the
time, for, if it had, not one of the mass.ve walls of
which this city is built would have been now stand
ing. As it was, there is hardly a house or a church
that has not been more or less damaged ; some
have fallen, killing persons and animals, while
hundreds are only kept up bv the props which
have been applied to them. My own house has a
crack in one of the inner walls from the roof to the
ground, while a seam is opened the whole length of
the Azoeta. For several days all carriages were
prohibited in the streets, lest some house should
be shaken down. Several churches have been
abandoned as unsafe. The palace is very much
damaged. It appears to have been more severe on
the Pacific than on the Atlantic slope, as we hear
of several villages totally destroyed in that region.
If Mexico had been built in the fragile style of an
American city, it would now be a mass of ruins,—
With all its massive walls, it has had a narrow es
cape. The earthquake was unaccompanied by
any noises except the creaking of beams and stone
walls, and the furious banging of open doors and
windows. The heavy masonry of the Chapultepec
aqueduct was broken and wasting the water in
more than a hundred places within the space of a
mile and a half No living person remembers a
movement of'equal violence and duration. Houses
which have stood unscathed a hundred years have
opened their seams to the fury of this one; and,
indeed, after experiencing its effects, one is amazed
to look around and see any structure of human
hands standing.”
[ Washington Union.
The Crops &e.
The weather has been excessively warm in this
locality of late, with occasional showers of rain,
and the growing crops are still more promising
than heretofore. Corn is advancing rapidly and
there is a more flattering prospect for a large yield
than there has been in any summer for several
years past.
The Cotton crop is also said to be very promise
tng. The weed is larger than usual, is blooming
well, with some few bolls. A farming friend who
knows all about such things informs us that in as
warm weather as we now have, it only requires
four weeks from the time the bloom is fully form
ed for the boll to be developed, open, and ready
for “picking out,” That being the case we may
expect soon to see new Cotton coming to mar
ket.
The Cotton Crop.
So far as our information extends —and that in
formation is obtained from conversatins with plan
ters and from letters received by us—the prospects
of the cotton planters in this region are generally
regarded as ery favorable.
There are fears enter'ained that the rust may af
fect the crop, and some think that the plant is grow
ing too much to weed, but it would be strange if
some complaints were not urged by planters when
they have such a future before them in the present
premising abundant yield of their crops.
Ttiere can be but little doubt that the crops in
the West will be considerably lessened, and on ma
ny plantations entirely destroyed by the high wa
ters of the past spring and present summer. In
1849, when it was said that tire high waters in the
West caused a reduction in the crop hun
dred thousand bales, the inundation commenced
receding in Aptil, and was lower after that time
than it has been this year. Much of the land inun
dated in 1849 was planted, and yielded about a
half crop, compared with the previous year. This
year, on the same lands, in consequence of the high
waters, it seems impossible that a bale of cotton
can be rai ed. Productive liver and valley lands
have been inundated all spring and summer, and
continue so the present time, and wjih a prospect
of an additional rise in ‘he waters from the recent
heavy rains on the head waters and tributaries
of the Mississippi. It is now entirely too late
to plant, even if the land was in order to receive the
the seed.
It does not appear extravagant then to state
that the ciop will be fully five hundred thousand
bales short in the receipts from the Mississippi val
ley.
But while we make estimates about the fulling
off at one point, we should not forget that there
will, very probably, be a large increase in the Caro
lines, Georgia, Florida, Alabama and Texas, if no
serious disaster intervenes to destroy the favora
ble prosects of the present time.
The general impression, we believe, of the ob
serving estimators of the cotton crop, (that we
have conversed with) is, that the prospects indi
cate a crop of three million live hundred thousand
bales.
[Augusta Constitutionalist, July 27 th.
Crops In Wayne and Glynn.
Waynesville, Juiy 23, 1853
Mr . Editor : After an unprecedented drought,
which has seriously damaged the com crop, the
rainy season has set in with a vengeance, and its
effect upon the cotton crop is already evident to
the most casual observer. Blight and rust have
already appeared, and as far as I can learn, all the
cotton in [..this section and in Glynn co#nty is
shedding its frnit. This was to have been ex
pected. It is the natural consequence of a very
wet summer immediately succeeding a very dry
spring. The cotton has been very promsing, but
it is now evident that if the rains continue the
crops must be very short.
Very truly yours, Sherwood.
Sav. Republican.
The remains of Alexander Hamilton, the distin
guished patriot and incorruptible statesman, repose
in Trinity Church yard, New York.
A PROCLAMATION.
By Joseph E. Brown, Gov. of Georgia.
WHEREAS, the Legislature of this Slate, on
the 24th da\ of December, 1832, passed an act en
titled “An Act more effectually to secure the sol
vency of nil the banking institutions in this State,”
the preamble of which act is in these words,
“Whereas, the enormous amount of banking capi
tal chartered by the laws of this State, and her cir
culating currency being composed almost entirely
of the bills other own banks; and whereas, the
safety and best interest of our citizens require that
the true condition and solvency oi each bank or in
corporate company, exercising banking privileges,
should be known to the community , so as to guard
the great body of the ‘people, from receiving a de
preciated or doubtful paper, and for remedy where-
The first and second sections then direct how
the return- ofeach incorporate bank in this State
are to be made, and the penalty tor a lailure to
make such returns is prescribed in the third sec
tion, which is in these words, “.Should the presi
dent and directors of any one or more of the afore
said banks, fail to compty with the spirit and true
meaning of th s act, it shall be the duty oi his Ex
cellency the Governor, for the time being, to notjiy
the Treasurer of this State, and the president and
directors ol the Central Bank, of said delinquent
bank ot bank, whereupon it shall not be lawful to
receive the bills of any such delinquent hank or
banks, in payment of any debt due the State of
Georgia, or the Central Bank, until the President
and Directors of such delinquent bank or banks,
shall have made such returns as are required by
this act.” And the fourth sect ion declares that,
“It shall be the duty of his Excellency the Gover
nor, for the time being, to publish the name of
banks, which may fail to comply with all the re
quisition of this act, in all the newspapers printed
in Milledgeville, as often as he may think expedi
ent for the public good.’’
And whereas the second section of an act as
sented to the 22d day of December, 1843, entitled
An Act amendatory of the act providing for the
publication of the Bank Reports,’ is in these words,
“The bills of any bank failing to publish its return
as aforesaid, within thirty days after making the
same, shall not be received in payment of Taxts ,
or at the Treasury of the State .”
And whereas, the act approved 21st February,
1850, entitled “An Act to change, point out and
regulate the manner in which the returns of the
several banking institutions of this State shall here
after be made,” enacts as follows, to-vvit:
Section Ist. “Be it enacted, That after the pas
sage of this act, his Excellency the Governor of
the State shall twice in each and every year re
quire, by public advertisement for at least two
weeks, in a gazette printed at the seat of Govern
ment, each and every bank and banking institu
tion in this State to make a just and true return
under the oaths or affirmation of its President and
Cashier, of the state and condition ofsuch bank or
banking institution, with the names of its Presi
dent and Directors, and a list of its stockholders, on
the day of the regular weekly meeting of the Pres
ident and Directors thereof, next preceding the
date of such requisition by the Governor; and it
shall be the duty of each and every bank or bank
ing institution, within thirty days after the date of
such call by the Governor, and under t he penalty
now prescribed by law for a failure to make re
turns,, to make and transmit to the Governor such
return so required in lieu and stead of the return
heretofore required.”
Section 2nd. “In the respective returns required
by the preceding section, the good, bad and doubt
ful debts of said bank or banking institution, re
spectively, shall bo set forth as now required by
law.”
Section 2d. “When any bank or banking insti
tution shall make the return required by this act,
the same shall be published by such corporation
within the time, under the penalties , and in the
manner prescribed by existing laws, publishing the
list ol stockholders once a year only.”
And whereas, in October last, most of the banks
of this State, in violation ol their contracts with the
people and in violation of their charters, suspend
ed specie payments, and refused to comply with
their solemn engagements to redeem their bit’s in
specie on demand or presentation, thereby subject*
mg themselves, under existing laws, to judicial
proceedings to be instituted by order of the Gov
ernor, on due proof thereof, to the end that their
charters might be declared as forfeited and annuli
ed.
And whereas, the legislature of this State, for
the purpose of relieving those suspended banks
which had subjected themselves to the penalities
of the act of 1840, from the heavy penalties they
had incurred, and from ihe forfeiture of their char
ters, and for the purpose of prohibiting thereafter
tire usurious practices of all or any of the banks of
this State—as well the specie paying as the sus
pended—and for the purpose of amending the law
of bank returns so as to require of bank officers the
guaranty of an oath that these practices are not
indulged in, passed an acton the 22nd day of De
cember, 1857, entitled “an Act to provide against
the forfeiture of the several Bank Charters in this
State on account of non-specie payment for a given
time, and for other purposes therein named f the
Bth,9th, 10 th and 1 Ith sections which are covered
by the latter clause of its caption, being subject in
their binding lorce to no limitation as to time, and
are in the words following to-wit:
“Sec. VIII. Be it further enacted, That no bank ,
nor bank agency, by itself tits') officers or agents,
shall either directly or indirectly loan money on
any note, bill, draf't.or contract of any sort, verbal
or written, at a greater rate of interest than at the
rates of seven per cent, per annum, and only at
that rate for a1 nger or shorter time; and all “notes
bills, drafts and contracts of every sort whatever,
on wich a greater rate of interest is reserved or
exacted and received or bargained for, are hereby
declared to be utterly void and of no effect, and
irrecoverable in law. ’
“Sec. IX. And be i \t further enacted , That no
bank nor bank agency shall, by itself, its officers,
or agents, discount or purchase notes, papers, or
evidences of debt, made for a valuable considera
tion, or a good consideration, between the parties
thereto, at a greater discount than at the rate of
seven per centum per annum, and that all such
notes, papers and evidences of debt, discounted or
purchased in violation of this Act, shall from the
time of such purchase, become utterly null and
void and irrecoverable in law.”
“Sec. X. That no bank or bank agency, by itself
its officers , or agents , shall either directly or in
directly sell any kind of exchange, except sight
checks, nor exact, demand, ask or receive for ex
change in or out of this State, or any citizen cf
this State, a greater premium than one per centum
on the amount of exchange sold, when the biils
of the bank from which the exchange is sought to
be obtained, are presented at Jts counter in pay
ment of said exchange, and for the violation of
this section of this Act, the person paying the pre
mium, hi, agent or attorney may, and lie is here
by authorized to recover three times the amount
of the excess by a summary proceeding, before a
Justice of the Peace, the” Inferior or Superior,
Court, as the one or the other Court, may have
jurisdiction, and on which judgement shall be ren
dered at the first term of the Court, unless the
principles of justice shall Trequire a postponement
for one term, and no longer; and in which case the
officer or agent who received the premium shall
appear, without any other process than the ser
vice of the writ, and give evidence in the case