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THE CONSTITUTIONALIST. ]
JAMES GA HDNER, JR.
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[F, am the N. Y. Journal of Commerce, 16 th imt.] ,
Arrival of the French Steamer Union.
11 DAYS LATER PROM EUROPE.
The steamer Union, Capt. Hebert, arrived
here this morning from France, bringing Paris
papers to the 31st ult., which contain London
dates to the evening of the 28th. W e are in
debted to Capt. H. for papers to the latest
dates.
The accounts from England are not favora
-11 •• Several heavy failures had taken place |
since the date of our last advices.
A letter from London of Aug. 27th, pub- j
lished in the Journal des Debuts, says it was
rumored that the Bank of England would
shortly, reduce the rate of interest.
The result of the harvest in England is very
satisfactory.
The Potato crop in the British Islands, has
generally escaped the rot.
The steamboat Cricket exploded on the
Thames, causing six deaths —there were 150
passengers on board.
The Hibernia reached Liverpool on the 28th
of August.
The Queen of Sicily has given birth to a
prince. He is named Philippe-Louis-Marie.
A letter from Lemberg, in Austrian Galli
cia, dated the 16th, says : “The authorities !
have found it necessary to put a stop to the
daily processions of the inhabitants to the bu
rial place of the two Poles who were recently
executed."
Ab del Kader has sent a letter to the Queen
of France, Amelia, requesting her to lend her
a distance in the negotiation of peace between
him and the French government.
The King of the Two Sicilies has reduced
the taxes throughout his dominions, especial
ly that on salt; It is said that it will cause a
deficit in his treasury of several millions.
The Duke of Praslin, a peer of France, be
ing infatuated with a paramour, assassinated
his wife, and then poisoned himself with ar
senic, while in prison, pending the examina
tions instituted in reference to her death. The
lady is said to have been distinguished for her
virtues, as well as for the eminence of her po
sition, and her death caused much agitation in
the public mind.
Steamer Great Britvin. —The long con
templated attempt to get off this celebrated
steamer, came off on the 21st ultimo, and
proved to be a total failure, although aided by
a government steamer of six hundred horse
power. No hope remains to rescue her; and
no other like effort will be tried again.
London Stock Exchange, Aug. 27, two o’-
block. A somewhat better feeling prevails in
the Money Market to-day, and money being
slightly easier prices are rather higher, but
there is very little speculation going on. The j
support of purchases by capitalists and others
uic mnected with the “house" is needed to
impart activity and confidence, as the dealers
cannot absorb stock from day to day when of
lc ed for transfer.
August 28, Two o’clock.—ln the Consol
Market business has been very dull this morn
ing, but prices have not retrograded. For
money the price opened at 87$, was afterwards
7, but has now resumed the opening fraction.
For account the range has been 87| te 8, the
latest quotation being 87}.
Another Failure in the Corn Trvde.—
We have ts announce the suspension of pay
ment by the old establisded house of Messrs.
Woodley. We understand that the assets of
the firm are considered good for 20s. in the
pound. The liabilities are stated to be near
£150,000. This occurrence, together with the
foreign arrivals of grain and the pressure of
money, have had an unfavorable effect upon
prices, and in some instances a considerable re
duction from last Monday's quotations has
been submitted to.
Another Great Failure. —We have again
to report another deplorably important failure,
arising out of the insolvencies of other houses
and transactions in the corn trade. The high
ly respectable houses of Messrs. Castellain,
Sons & Co., found themselves under the ne
cessity of declaring their inability to meet
their engagements last evening. The liabili
ties are about £ 145,000, and the nominal as
sets at about £135,000; although, of course,
these will show a considerable depreciation in
the winding up.— Mark Lane Express.
The failure of Messrs. Lyon and Finney, i
general merchants, at Liverpool, is announced.
This event has been caused by transactions in
corn, and the liabilities are believed to be large.
The losses in connection with it will chiefly
fall in New Orleans and in London. — Times.
Failure in Dublin, — A respectable house
of old standing, says a letter just received, re
cently connected with the corn trade, has sus
pended payment. The liabilities are esti
mated at £40,000.
The Bank of England appears to have been
more liberal to applicants for discounts within
the last two days, though charging 6 and 7
per cent, according to the papers offered. The
failure of Dickson & Co., at Belfast, and con
tinued rumors of other houses here and at
Liverpool, place the discount houses in some
perplexity as to the bills which they can safely
accept, but even they have better means of in
formation than the merchants at large.—Lo«-
don iSun , 26 th.
Paris, Aug. 27th. —The city of London
is under great excitement consequent upon
two very important failures —that of the
house of* R. Robinson, whose head was num
bered among the governors of the Bank of
England, and that of the house of Casteliain
& Co., the head of which was Consul General
of Belgium. These two houses appear to have
suffered much by the failure of the house of
Fraser of Antwerp. —Le Commerce.
Paris, Ang. 26th.—The commercial fail
ures which are daily declared at London, lead
us to apprehend that the Bank of England has
decided to raise anew the rate of interest. —Le
Commerce.
English Election. —The result of the elec
tions for England and/Wales, completed, ex
hibits —Liberals 251; Peelitos 91; Protection
ists 165; giving a total 0f507. The Post gives
the numbers as follows: Returns ascertained
—Protectionists 287; Liberals 819; Peelites
86; Nondescript (Lord Seaham) 1 —643.
Returns not yet made; Kilkenny County 2;
Orkney 1—656; Sudbury disfranchised 2 —658-
— Globe .
Forest on Fire. —The fire in the forest of
Donner, Prussia, which commenced on the
26th July, still continued on the 2lst of Au
gust, i. c. 23 days, ill spite of the immese es-
forts to extinguish it. More than 500 men
have been employed for this purpose many
days. The forest of Donner belongs to the
State. The value of the trees which it con- j
tained when the fire broke out, was estimated !
at 25,200,000 francs, or about $5,000,000.
Spain.—A new ministry is said by El Clamor
! publico of Aug. 24, to be appointed, to consist
of Narvaez, minister of foreign affairs; Sala
manca, of finance; Sotelo, of marine; Cordova,
of Avar; Ros y Olano, of the interior; Vahey,
of justice, and Escorusa, of commerce and
public instruction. That paper protests against
the anti-constitutional composition of the
proposed cabinet, and predicts for it a vigor
our opposition. The other journals of same
date make no mention of it.
Portugal.—We have Lisbon correspondence
to the 16th ult. Ministers had resigned on the
13th in conformity with Lord Palmerston’s de
mand, and a ministerial crisis had continued
to subsist from that moment till the sailing of
the packet. Senor Rodrigo Magalhaens, after
six day’s vain endeavours to form a ministry,
would probably have eventually to decline the
' tasks.
Italy.—The Austrian government declares
its right to menace the Roman States with
the garrison which the treaty of Vienna allows
it to keep at Ferarra and Comacchio. After
this much in reply to the protest of the Car
dinal Legate of Ferarra, the Imperial Govern
ment repudiates every imputation connecting
it with the conspiracy crushed at Rome on the
16th and 17th of July. Pius IX. renounced
the assistance of foreign powers. In view of
this, the late conspiracy aimed at involving
him in embarrasments which should constrain
| an appeal to Austrian protection. The Imperi
| al government denies any participation in this
| project. But the Paris Commerce has little
faith in the protestations of Metternich. It is
evident, says that paper, that in reference to
Italy, Austria is full of hatred and black pro
jects. But the attitude of the Papal govern
ment and the demonstrations of the populace,
together with the tendencies of the Court of
Turin, inspire it with serious fear, causing it
to let, “I dare not wait upon I would.”
The Austrian official journal at Milan char
acterizes the state of things at Rome as a “chaos
of absurdities brought about by ignorance
joined to fanaticism.”
The Alba, a Florence paper, says that the
Holy Father has determined to transfer the
government from Rome, rather than yield to
the Austrians.
Paris, Aug. 28.—1 tis reported on ’Change
that 20,000 Austrains are about marching
through Tyrol, to reinforce Marshal Radetski
in Italy. This news has been brought to the
minister of foreign affairs by an extraordinary
courier. If true, it goes to confirm the opin
ion we expressed yesterday, of the little pro
bability of a definitive evacuation of the town of
Perrara by the Austrians.
Switzerland. —A private letter from Gene
va, dated dated August 26th, announces that a
collision appeared to be inevitable between the
troops of Berne and those of Lucerne. The
action once commenced, (says the letter,) the
radicals will push matters on there with a
vigor that will put an end to the hesitation of
the Diet.
Egypt. —We learn from Alexandria that on
the 7th about 15 minutes before 8 in the morn
ing, the city was visited by continuous shocks
of earthquake which lasted from 20 to 25 se
conds —at first horizontal and afterwards ver
tical, running in the direction of east to west.
Being much more violent than any preceding
ones, the inhabitants were greatly alarmed,and
ran from the town into the fields.
Two small cottages or huts were destroyed
and the walls of a few houses were cracked,
but this was the extent of the damage done
at Alexandria. Cairo, which was also affected
by the shocks and at the same moment, suffer
ed more severely.
China. —The Colombo (Ceylon) Timer of
' 16th July, received at Liverpool, contains an
alarming report on the subject of the relations
of England with China. It is stated that the
attack upon the Bogne forts has excited a
general feeling of hostility against foreigner?,
and especially the English. It was also re
ported that the foreign Consuls have been con
strained to leave Canton, and that the Eu
ropeans were preparing to follow them
—This news,it is said, was brought to Colom
bo by passengers in the steamer Haddington,
who had received it from the captain of a ves
sel sent from Canton to Calcutta to ask rein
forcements for the garrison of Hong Kong.—
[The London Globe expresses doubts of the
correctness of this news.]
MARKETS.
Liverpool Cotton Market.
The Liverpool cotton report tor the week in
Messrs. Holt’s circular, is as follows Aug. 25th—
“We have passed another dull week in our cotton
market, the same depression existing in Manches
ter is in this place. In the present state of the
commercial world, and under the increased dilli
culty of discount, a more prosperous course of <
things, even for cotton, could hardly be expected.
With regard to the article of cotton itself, the pre
sent stock, and the prospect of supply, there is no
grou d for depression, but the contrary. The quo
tations of prices remain as before.”
All sorts of provisions are rapidly falling in price
in Ireland. The Limerick Chronicle states that
cargoes of Indian corn have been offered for the
freight; and with no astonishment, when new wheat
is offered at 13d. per stone and no purchasers—
and potatoes are selling at sd. per stone, according
to the Kerry Examiner. We are all in better heart,
rejoicing in the present and hopeful for the fu
j ture. —Dublin Journal.
LIVERPOOL, Aug. 28. Cotton. —New Orleans
6J a9; Georgia
of the depressed state of money matters; 8009 bales
sold last week. Flour ruling from 24 to 275. Wheat
from Is. to 2s. lower than last quotations.
LONDON, Aug. 27. Cotton. —Prices steady,
and a fair business done. Sales of the week were
4500 bales, at 4§d.to 4£d, for mid. to fully fair. Our
Liverpool correspondent says, “Our market pre
sented a dull appearance, the trade being the chief
operators, but prices in most instances, are main
tained. From the manufacturing districts accounts
state that nearly all articles continued very much
depressed, and in some Cases low prices had been
obliged to be submitted to. The following are given
as the riding quotations : Sea Island, 12£d to 17d.;
stained, 7d. 7£d.; bowed Georgia. to Bd.; Mo
bile, 6Sd to 7|d.; Alabama and Tennessee, to
7i|d.'; New Orleans, 8d to B|d.; Pernambuco and
Paraiba, Bjd. to BAd.; Bahia and Macaio, to
B|d ; Maranham, 7|d. to Ogd ; Sawginned do. 7Jd.
to7£d.; Egyptian, l\<\. to9}d.;Com. W.lndia,&c.,
B£d.; Surat, 4]d. to s|d.; Madras,4sd. to s|d.
HAVRE. Aug. 30.—Cotton per killog’ms —New
Orleans, ord. IJ2; low mid. 95; mid K 9; good mid.
104; fair, 109; Mobile, ord. f 92; low mid. 65; mid.
100; good mid. 103; fair 107; Georgia and Florida,
ord. fJ2; low raid. 95; mid. 99; good mid. 103; fair
105. Wheat per 200 kilog’ms, 140 a 60. common to
superior quality. Flour, per bbl., New York, 133 50
a 34 st; do. New Orleans, 133 50.
Extracts of letters received in Charleston.
“LIVERPOOL, Aug. 27.—Our Cotton market
has been rather dull, and prices occasionally in fa
vor of buyers; however, the week do cd without
any material change in American Cotton. Sales
to-day 3000 bales. The sales this week amount to
20.710 bales, including 1600 bales on speculation
and 1,630 bales, for export. The following were
the sales effected, viz :
M 0 bales Sea Island.... a 22£
40 Stained 6 a If)
2.980 " Upland » ?|
3,200 « Mobile 6j a 7}
9,460 “ flfew Orleans . 6 a 9
10 “ Pernambuco a—
-40 “ Bahia .. B.| a—
-630 “ Maranham ............... 7 a Sf
510 “ Egyptian 7J a 9?
3,650 Surat 3£ a 5f
20.710 bales.
“The- import? during the same period amount to
26,269 bales. The quotations are—Upland, ordina
ry 6|. middling 6|; fair 7|, good fair 7|, good 7s;
Mobile, do, do 6|, do. 6J. do, do,7£, do. 7J; New
Orleans, do. 6£ a 6iJ, do. 6J, do. 7£, do. 7J, do. B£.
I
-1817. 1846.
Total imp’ts since Ist Jan,. 748.734 ags’t 956,181
Sales 1,0.3,660 “ 1,213,750
Consumption 715,174 “ 970,471
Exports 83,040 “ 97,080
Speculation 267.940 u 176,500
i Total Stocks 389.480 “ 773.210
Os which. 305>50 U. S 646 270
HAVRE, Aug’. 36’. Cotton. —Since the receipt
of the advices from the United States by the Sarah
Sands steamer of 4th inst, our market has been
daily characterized by an animated demand, as
well from the trade, as on the part of speculators,
which latter, however, have directed their atten
tion exclu?ively to operations for future deliveiy.
The transactions duringthe past week, have there
fore been to a rather considerable extent, an pri
ces of ordinary American descriptions, which were
those chie fly sought after, hare experienced an ad
vance of f.l; but this has been confined to the pur
chases for consumption, the sales to arrive having
been etfected at previous rates. From the impres
sion produced by the above advices, we should
probably have had to notice a greater improvement
in every respect, had not the unsatisfactory nature
of the accounts from England cast a gloom over the
mercantile commun ty, which has in a great mea
sure tended to damp the speculative spirit that
manifested itself. The advance obtained is to be
chiefly ascribed, if not wholly so, to the moderate
stock of Cotton on hand; for notwithstanding the
activity that has been displayed in the buying, the
lateness of the season for extensive operations, and
the uncertainty as to the coming crop, coupled with
the apprehensions excited by the crisis in finan
cial matters, to which no term can yet be assigned,
evidently act as a restraint upon the demand, and
in a great degree check that feeling of confidence
that would otherwise have been develo|>ed.
Sales from the 2 3d to 30th August. — 1988 bales
New Orleans, duty paid, f. 87 a .00; 550 Mobile, do.
f. 97 a 104; I 483 Upland, do f. 91 a 104; 1560 New
Orleans, to arrive, f. 101 a 102; 850 Mobile to arrive,
f.lOl a 102; 1131 Cnmana, f.9oa 106. Total, 10,547
bales.
[/'Vom the N. O. Delta , loth inst.]
From Texas.
The steamship Yacht, Capt. Crane, arrived
yesterday from Galveston. From the papers
which she brought us we make the following
extracts:
We have received a letter from a gentleman
residing in Navarro county, says the Houston
Star of the 9th inst., in which the writer men
tions that an unusually large number of Indians
have appeared in that section. They all pro
test to be fricndlv, and have in no instance at
tempted to molest the settlers; but the writer
thinks the appearance of so large a number of
Indians is an unfavorable indication, and he is
apprehensive that they may become hostile
when they ascertain the weakness of the set
tlements on that frontier. It is believed that
I many of these Indians have removed from
| Arkansas and intend to settle in the territory
j between the Trinity and Brazos.
Iron Mountain in Texas. — We have recently
i been informed by an intelligent gentleman who
j resides in Fredericksburg, says the same paper,
j that the surveyors who have been engaged in
I running the boundary line of the German
colony, have discovered a mountain near the
Conchos river that consists entirely of iron ore,
Our informant states that a portion of this ore
has been smelted and yielded seventy per cent,
of pure iron. According to the representation
of those who have visited this mountain, it re
sembles the celebrated iron mountain of Mis
souri. It is not so large as the mountain in
Missouri, being only four or five hundred feet
high and probably half a mile in circumference,
t We are informed, however, that a range of hills
extends several miles north of it, that appear to
be composed almost entirely of iron ore. If
we can rely on the statements of the hunters
and surveyors who have visited that section,
the iron mines that have been discovered there
are inexhaustible.
We learn from a gentleman who lately arriv
ed from Bexar, that a large number of Mexican
! families have removed from the liio Grande to
that town, and others are expected to follow
them this season. These families, however,
possess little property, and appear to have re
moved from Mexico to avoid the oppressive
exactions of the numerous guerrilla parties
that now infest all the eastern States of Mexi
co. According to their representations the
people in the valley of the Rio Grande are in a
deplorable condition. Unprotected in any
manner by their own government, almost wish
; out laws or officers who are empowered to
restrain marauding bands of their own coun
trymen, or to check the incursions of the sav
i ages, they are unable to enjoy the least sectiri
|ty of person or property. It is not surprising,
i therefore, that the Mexicans should desire to
emigrate to a country where they will be ex
empt from these evils. It is probable that
hundreds of Mexicans families Wotlld remove
to Bexar, Laredo or other towns of Western
Texas, if they were not restrained by the fear
that they would be treated as intruders by our
own people. We are happy ter learn that these
families have been treated with great kindness,
and express much satisfaction that they have at
la t found a home Where they can ciyoy security
ftnd peace.
The number of Mexican votes that will be
polled in Western Texas, at the election in
November next, is estimated at about 3,000.
Mexican Sheep. —Several thousand bead Os
sheep, says the same paper, have lately been
driven from the Rio Grande to our settlements
on the San Antonio and Guadalupe. These
sheep we learn are purchased on the Ilio
Grende for three or four bits a head, and the
expense of driving them to our western frontier
is comparatively trilling. We have before
mentioned that the raising of sheep has be-,
come one of the most lucrative branches of
agriculture in that section. The sheep feed on
the prairie grass throughout the year, and
require little more care than the wild deer.
Their fleeces are not so large as those of the
sheep of Ohio and Kentucky, and the Wool
generally of a coarser texture: but we entertain
no doubt that the quantity and quality of the
wool ean easily be increased by a proper system
of culture, so as to equal that of Spain or Sax
ony. w
The following paragraph is also from the
Star of the 7th inst.;
Drought and the Crops. —We were not appris
ed until within a few days that the drought
that has prevailed in the undulating region, had
been so extensive and disastrous. We have
been informed that it has seriously injured the
upland cotton, through the whole tier of coun
ties from San Antonio to the Trinity. On the
San Antonio, many of the settlers have been
compelled to cut up their corn, as it was with
erin'* in the fields. The settlers near Bexar
have raised so little com that the crop is insuf
ficient for the consumption of the citizens, and
large quantities have been transported from
the Guadalupe to that town. It is selling at
Bexar for a dollar a bushel; but on the Gua
dalupe it is valued at three bits a bushel. We
are informed that the Cotton has suffered more
upon the uplands than the com. In many
places but little or half a crop will be made.
In all the bottom land however the crop is
immense, and some of the planters are already
complaining that they cannot procure hands
to pick it out as fast as it matures.
News from the Frontier.—We learn from
Mr. Barnard who lately arrived Aom Torrey's
trading house on the Brazos, says the Hous
ton Telegraph, of the 6th inst,, that the In
dian Agent, Maj, Neighbors, expects to meet
delegates from several of the bonier tribes at
the trading house, on the 25th inst. Rdnners
have been sent to the Camanchesy Wacoes,
Caddoes, Towaocannies, and their associate
tribes, and many of their chiefs have agreed to
hold a council at the trading house on that
day, or at the next full moon. A large quan
tity of presents will be forwarded to the trad
ing house, to be distributed among the friend
ly tribes. Santa Anna, the war chief of the
Camanches, Payayuca a Mopechusen, will
probably attend the council. It is rumored
that the Lipans and Mescalores have gone to
wards the Rio Grande, and have become hos
tile; consequently it is not probable that they
will attend this council. A large war party of
Camanches, commanded by the chief “Bro
ken-leg," has recently gone towards the liio
Grande, to make a foray upon the Mexican
settlements. The Waco chief denies that any
of his warriors were engaged in the alatek on
the surveyors near the San Saba. He says
none of the Wacoes have visited the Colorado
this summer. This statement Is in part con
firmed by the Delawares, who intimate that
the surveyors were killed by the Caraan
ches.
Bexar. —Several Mexican traders have late
ly visited Bexar, and purchased a large quan
tity of goods. Some of them brought a quan
tity of silver in bars. This silver is remarka
bly pure. We learn that there are several sil
ver mines in the vicinity of Santa Rosa and
Montclova, which are quite productive; and as
the government can no longer monopolize the
profits, the people in that section will proba
bly work them to a greater extent than they
have been worked in any previous year. The
trade of Bexar would doubtless be increased
to a great extent, if a company of rangers
were stationed near the Nueces, on the route
to the Presidio.
The Austin Democrat mentions the arrival,
at San Antonio, from Camargo, of Mr. Moses
Evans, in company with the “two Mr. Meads,
who were so distinguished for their kindness
to the Santa Fe prisoners, at Guain Whauita."
The Democrat says :
These gentlemen say that from Guain
Whauita to Monterey thev saw no soldiers, no
£*uerrillas. They passed through San Luis
Potosi, and found that city entirely evacuated
by the troops. They have all been called to
operate in the defence of the capital. Be
tween Monterey and the Rio Grande the roads
are everywhere infested with guerrillas; so
much so as to render it extremely dangerous
for small parties to travel them. (Glen. Taylor
being well apprised of this, furnished some
fifty or sixty men to escort the Messrs. Meads
from Monterey to Camargo. These gentle
men state that at Guain Whauita all foreign
ers, without distinction, were compelled to be
under arms for two months prior to their de
parture, for fear of an indiscriminate massacre,
which was seriously threatened. The Mexi
cans suspected the resident foreigners of dis
affection to their government, and as it was
well known that the Messrs. Meads had paid
marked attention to the wants of the Santa
Fe prisoners, in 1842, they were strongly sus
pected of leaning to the side of the Ameri
cans now; so much so as to render it highly
hazardous for them to remain longer in Mexi
co. They have removed to San Antonio with
the purpose of becoming permanent citizens of
that place. They have both got large fami
lies, and having brought the most of their val
uable furniture with them, their conveyance
wagons, carriages, &c., made quite an interest
ing display as they entered San Antonio.—
Those generous Irishmen (the Messrs. Meads)
were received by the citizens of that place
with that warmth and cordiality, which they
were so much entitled to, and which must
have caused emotions in their benevolent
hearts more easily imagined than described.
Several of the Santa Fe prisoners were in San
Antonio when those gentlemen arrived there,
who were not less surprised than delighted to
see their old friends and benefactors in Texas,
and every attention and hospitality were ren
dered to make them welcome and happy.
These gentlemen are known to and are old
personal friends of one of the editors of this
paper. They have been for several years in
extensive mercantile business in Mexico, but
person and property becoming so insecure
there, and having no social or political sympa
thies with the people, they have wisely left it
to settle under institutions more suited to
their feelings, and, we doubt not, their perma
nent interests.
31 ugn 0 1 a, Georgia.
TOBSOA* MORNING. SEJPT. 21.
FOR GOVERNOR
HON. G. W. TOWNS.
OF TALBOT.
Justice to General Clinch*
The advocates of the election eff “Ehe Hero
of Withlacoochie” and “the Financiering Ex-
President of the Bank of St* Marys’ 1 to the
Executive Chair of Georgia, have betrayed,
and with reason, great restlessness Under the
ripping Up of one of his Dank transactions.
He and his friends have chosen the mum policy
in reference to that Bank affair and those
Pleas in Court. They act we presume on the
maxim, “the least said the soonest mended."
Now it is not for us to quarrel with a policy no
doubt maturely considered and deliberately
acted on by those most interested. If General
Clinch has been advised that it was his best
policy not to make a full and frank disclosure
over his own signature of that dark and mys
terious Bank transaction, to which those ex
traordinary Pleas of his Attorney refer, and
with which he is identified by those Pleas, and
will remain so until the disclosure is made, be
it so. It is no affair of ours to clear up the
mystery. We are content with such conjec
tures as spring up naturally “from the lights
now before us." If however, General Clinch
chooses to clear his skirts of all suspicion of
being involved directly or indirectly in giving
9 notes, or being privy to the giving of notes to
evade the requisitions of the Charter of the Bank
of St. Marys , or in the more gentle phraseolo
gy of his Pleas filed by his Attorney, “to com
ply with the requisitions of a certain Charter,"
which Charter required the Capital Stock to
be paid in gold and silver, there is one chance
for him—that is for him, under his own pro
per signature, to give the histor y of that SIOOO
note —to state for what it was given—whether
in fact he did get consideration for it, and
what consideration, and to state why he re
fused, and still refuses to pay It. lie should
moreover explain how that transaction got
mixed up with other transactions in the Bank
of which he was President, so that his own
Attorney should have been so widely mis
taken in reference to the consideration. He
should disclose what he had told his Attorney
in reference to his own dealings in the stock
of the Bank, and giving notes for stock, from
which his Attorney actually came to the con
clusion that he had been engaged in a scheme
to evade the Charter by giving notes: For
that Mr. Preston believed this, whether it was
true or not, is manifest from the Pleas which
he filed. He should disclose to the public
what were in fact his dealings in the subscrib
ing to said stock, or in purchasing from those
who had originally subscribed. He should
disclose whether any tricks or schemes had
been resorted to or attempted within his knowl
edge by any of the stockholders, to accom
plish the purposes set forth in those Pleas,
and if he knows of any such, he should show
up to the censure of the public the parties
really guilty and thus exonerate himself. H
he sees proper to do this, we will publish
this disclosure and exoneration. In these our
columns in which appeared those tell-tale
Pleas, we will publish all Gen. Clinch will
say in his exoneration. We will do him this
justice. We have published all that has been
published by his recognized champions in his
defence. To wit—Mr. Preston, his Attorney,
and the editors of the Savannah Republican.
We have published Mr. Preston’s first letter,
which the whig editors snapped at and hailed
as “a full and satisfactory vindication.” It
did not turn out to be quite such a full and
satisfactory vindication as they hoped, and
Mr. Preston published another letter in the
Republican. This we also published. We did l
more. We published the editorial of the Sa
vannahßepublican entitled“ Slander Refuted”—
an article not only rich in staring capitals, but
garnished plentifully with indexes pointing
to the so called refutation. Refutation for
sooth! Its striking, palpable want of candour,
its evident holding bock of important facts
which the public is entitled to knolv, has left
the Ex-President of the St. Marys Bank in
quite as awkward a predicament as that in
which it found him.
The public mind, we think we may safely
assert, has settled down Upon the conviction
that there was foundation, in fact, for the
Pleas filed in defence for General Clinch, and
that the following deductions suggest them
selves.
Ist. That some mode had been adopted by
one or more of the stockholders to comply
literally with the terms of charter by borrow
ing gold and silver, or their equivalent, and
paying the same over to the commissioners.
2d. That these terms Wefe literally compli
ed with, with the understanding that the
Bank, when it got into operation, would lend
the favored stockholder the money to replace
what had been borrowed for the purpose.—
Thus the Dank handing back to the stock
holder the gold and silver he had paid in, and
taking his note in their stead. By this means,
substituting a stockholder’s note in the place
of capital stock.
3d. That by this means, though the Bank
may have gone into operation with the full a
mount of $50,000 capital stock in gold and
silver, the Commissioners thereby acting in
good faith to the public, that the stockhold
ers who afterwards became Directors, Gen.
Clinch the President among them, became
amenable to the public censure for an actual
evasion of the charter.
4th. That Gen. Clinch was either a stock
holder, thus favored in the first instance, or '
the note he gave, and on which he was sued, :
was substituted by him in the place of one
given by the favored one, Gen. C. thus tak
ing his place, and receiving or being promised
a transfer from him of the scrip for the capi
tal stock so subscribed for.
The public, we believe, can come to no sat- j
isfactory opinion, either in law or ethics,
why the note was not paid, and how a Plea of
failure of consideration could be expected to
be sustained. When Gen. Clinch discloses
what the note was given for, if it was not giv
en for what his Attorney asserted it was given,
the world can better judge of the validity of
the Pisa.
The transaction is still veiled in mystery.
When it is cleared up by him who alone can
clear it up } we will cheerfully publish the dis
closure.
We shall not desire to do injustice by sup
pressing a vindication, and therefore repeat
our offer to publish any statement General
Clinch may see proper to make.
If he thinks he cannot make a satisfactory
explanation, “the least said, the soonest mend
ed” maybe, for him, the best policy.
l£grThe following letter was addressed by
the writer to the editors of Macon Journal $
Messenger in which it first appeared. It was
in that paper the charge was made or insinuat
ed, that Col. Towns was a defaulter to the
Central Dank}
Columbus, September Bth, 1847.
To the Editors of the Journal and Messenger:
Gentlemen :—A communication in your pa
per of last week charging Col. Towns, the
Democratic candidate for Governor, with being
a defaulter to the Central Bank, has just fal
len under my eye. As it is intended to ope
rate prejudicially to Col. Towns, it is due to
him, that the facts should be made known to
the public. I was the member of the firm
that made the collections, and have paid them
over long since, (nine or ten years ago,) except
perhaps a small balance, which would have
then been settled, and has since been offered
to the Bank, but the Bank claiming more than
was due, as I believed, this small sum remains
unsettled—the amount collected being about
$3,700, and the amount paid over,as admittinl
by the Bank, about $3,500. Col. Towns has,
however, been desirous that this should be
settled, even on the terms as demanded by the
Bank, and has proposed to pay over the mo
ney himself, and would have done so, but for
myself, as I am not disposed to pay the Bank
more than is properly due. I have asked the
Bank to have the matter of difference betwixt
us, settled by the proper tribunal, which they
have advised me would be done at the next
Talbot Superior Court.
lies’>ectfullv your obedient servant,
4 JOSEPH STURGIS.
Recruiting 1 for the War.
Our quiet streets were resounding all yes
terday, “from rosy morn to dewy eve;’’ with
the martial strains of “the spirit stirrmg drum
and the ear piercing fife." We saw two re
cruiting Sergeants accompanying the music,
and were informed that they were drumming
up recruits for Mexico. Lt. Martin of the
Palmetto Regiment, Abbeville Company is
now here on that business. Late in the eve
ning we met the cortege, consisting of the
aforesaid two musicians, the two non-commis
sioned officers, and the usual crowd of all sorts
of boys, black and white, following the drum
and fife with their accustomed military enthu
siasm,and marching between the two Sergeants,
the result of the hard day’s work. This con
sisted of just one solitary recruit. He with true
patriotism was evidently “going it alone."
We conceived a sentiment of admiration for
this lone specimen of martial ambition, and
i '
felt like touching our hat to him in respect*
Just to think that in so large a town, after a
hard day’s work in perseveringly banging on
a drum head, the war breathing sounds found
an echo in but one breast. But we hope they
will do better another day. Cold weather will
soon be here, and a winter in Mexico would
be in many respects pleasant, full of stirring
ncidont and adventure, and something agree
able to look back upon in after years. Then
the enlistment is for the war —only for the
war, some will say who think it will soon be
terminated. If so the recruit may have a
pleasant affair of it and a brief one. We hope
the drum will beat on a day or two longer.
“It will never do to give it up
Among the passengers arrived at New
York in the French steamer Union, we ob
serve the names of Dr. Paul F. Eve and fami
ly, of this city.
The New \ork Shipping and Commercial
Lis' \ üblishcs its annual statement es the Cot
ton trade, from which we complete the follow
ing abstract;
caor,
1846. 1817.
New ? Orleans 1,037,144 705,979
Mobile 421,966 32.7,462
Florida 141,184 127.852
Texas 27,088 8.317
Georgia 194,911 242,789
South Carolina 251,405 350,200
North Carolina 10,637 6,061
Virginia 13,282 13,991
Received overland 3,000
Total 2,100.537 1,778,651 %
1,778,651
Decrease this year 321,886
EXPORTS.
1846. 1847.
To Great Britain 1,102,369 830,909
« France 359,703 241,486
“ North of Europe-... 86,692 75,689
“ Others foreign ports.. 118,028 93,138
Total 1,666,792 1,241,222
Showing a decrease of 271, 460 bales to Great
Britain; 118,217 to France, 11,003 to North of
Europe, and 24,890 to other foreign ports,
making the total decrease in the exports for
the year ending. September 1,425,570 bales.
The quantity taken for home Use during the
year amounted to 427,967 bales, being 4900
bales more than last year.
The quantity of new Cotton received at the
Shipping Ports up to Ist instant, amounted
to 1121 bales, against about 200 bales last year.
Col. Curtis*
The citizens of Wayne county, Ohio, lately
offered a public dinner to Col. Curtis and the
volunteers of the 3d Ohio Regiment, in Woo»-
ter. The Colonel, who, by the way, is a whig,
made the speech ih the evening. He sustain
ed the war—-sustained its prosecution—charg
ed its commencement on Mexico —denied that
this is a war to extend slavery—but said sla
very would, from natural causes, be circum
vented by it—that the mass of the Mexicans
were in little better condition than the slaves
of the South, if as good. He denied that we
could make peace by withdrawing our army; it
must be done by teaching the enemy to res
pect our rights. Opposition here, among our
i people, to a vigorous prosecution of the war,
would only lead the Mexicans to suppose that
they could obtain peace on better terms, etc.
The official list of interments in the city of
New Orleans from 9 a. m. of Sunday, the 12th
September, to Monday, the 13th, at the same
hour, shows 51 in all, of which 29 were yellow
fever.
Ho! the Cotton.
The steamer Magnolia arrived at New Or
leans on the 13th inst., from Vicksburg, with *
cargo of 1608 bale* cotton. This is a large
cargo for so early a period of the season.
The Weather, Crops, &.c.
We learn from the farmers residing in differ
ent sections of this county, that their prospects
are extremely gloomy, for even a moderate
crop of cotton. The army and boll-worm
arc destroying the greater portion of the small
remainder left after a profuse shedding of the
boll. In some parts of the county the worm
has not made its appearance, but a disease has
taken hold upon the boll which is equally as
bad, if not worse than the worm.—Sanders
ville Georgian, 17th vat.
The Rice Harvest. —The weather has not
been very Mattering, but still our rice planters
are succeeding in getting in their crops in good
order. Yesterday was a very good drying day.
We have accounts from three of the principal
plantations on the Altamaha, which are very
encouraging. They are going on well too on
the Ogeechee. Notwithstanding several cases
of individual suffering, the whole crop in
Gcoriga will probably be a large one, and the
rice of superior quality. —Savannah Republic
can, 18 th iust .
Extract from a letter received from Mont
gomery county;
“There is no prospect of fair weather as yet.
We have a shower of rain every day. Provi
sion crops are generally good. Cotton will be
badly injured. We have not had sun-shine
enough to open the bolls, and where they
are shaded underneath, they are rotting, or the
seed sprouting in the boll. The crop will
most assuredly be cut short.”—
During the past week we have received a
mass of information from all sections of the
cotton growing country, and it is lamentably
uniform in its character. We are induced to
believe, from the tenor of our advices, that the
prospects are as unpromising as they were at
this date last year, and that there is nothing
now' to justify an expectation of a larger crop
than that of the season just closed. In an
other part of our sheet will be found numer
ous extracts from newspapers and private let
ters, to which we direct the attention of our
friends. In addition, we give the following
from a mercantile house in Pickens county to
a merchant in this city, dated “Pickens coun
ty, Ala., Sept. 7th, 1847.” * * • “We
are clearly of the opinion that we wrill not
make more cotton in this part of the country
than w'e did last year. The wrorms have des
troyed all the late or top crop, and are at thi*
time devouring the growm bolls. In addition
to this, the rain has been falling in torrents,
with occasional short intervals, for nearly two
months, w'hich is causing the bolls to rot. So
much rain has fallen of late, that our river is
at this time in fine navigable order. v> e usu
ally commence picking cotton about the 15th
of August; very few* planters have began yet,
and those that have are doing very light work,
from all this you will see the prospect is by no
means flattering.”
For a week past we, in the city, hare been
favored with weather that, if it has extended
to the interior, must produce a favorable
change in the prospects. A clear sky, witn a
hot sun, such as we have had here for Uv c or