The Times & sentinel tri-weekly. (Columbus, Ga.) 1855-1858, July 29, 1858, Image 2

Below is the OCR text representation for this newspapers page.

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