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FROM Ol R C’ORKhXl’OAlUi'i'r.
Miu.f.n-}KVi:.U, November 15-
Y«*te’d-iy B> ,h ' ,I,use ’ the '■‘’ f ' ;ikfr announ ” cJ tht
fallowing additional namca u |U joint .tandmg com
Witter : To the coo- ta-r on M. state of t«e R.
* w . « ar-i- K «':d I'ac-c. «)n the Juuujary. Saf
ful ,. urkwltt-tma. On the Penitentiary, Thurmond,
aUaud « 0n Finance, C trry ol Lincoln.
Il.rdvrnantmdtK.ttUs. W- I'- luxation. Hu:l o( V,a n
* V-v ta. Oaß^,
Kin" of tsr<'< n<*, Stcelnnn, ami Herntur-m. On the
Matter ’ v M< ssr- . Mdom-o, B ilc-z ami M oo«l ol Hal!.
of Warren. I rvh. A. John
ton, of Morgan. Mr. Huds«n n ported a » infer me re-
Wof Jam s Iff Whitfield, of th county ot JdKMon,
Trot.i the operation of the ikcllm j act. Mr. Uarr pre-
a petition from certain - itizrna of Jefferson cou n
,v Mr. HayncS reported a hi!! to change the mode of
electing the Judges « f this state. Mr. Davies «t U;ch
stand reported a bill r. make bank and o’ r corporations
•Uhjcctto garnishment, and to r<-date proceedings a
gams’ jrarutihets in certain case*.
In the senaU , Mr. Mealing moved for the appointment
*f , committee tor.-nor’ a bill to incorporate an Augusta
Mining and M mufiOurmg Company, and lor otner pur
ns s M ssr- Me ihn'% W off »ra,
p««e» —comm i tree, uc . .
Knight. Several local bills were read t.ic second and
third time-
Tin; con vkn noN.
Mii.t.itiKJEviLi.r., Nov. 11, l^dO.
V- three o’clock the Pr. sidenr took the chair, and call
ed the delegates to order: One of .lie - <er.tar.es read
the minutes of yesterday. A communication was re
ceivcil an* read, from Jacob, Esq. and Messrs.
Youkt nmi King, Representatives, inthc Gem ral Asaem
bly from the comity of Mclntosh, protesting against
Messrs. Spalding and Troup taking their seats iri the
•onvention. V communication was also received from
Mr. Oliver, a d. legale from the county of Ltfo. and read,
apologizing to the convention for his misbehaviour du
ring the sotting of the convention yesterday. A resolu
tion was introduc. dby Mr. Rockwell, amended and a
dopted, for providing swats within t!i< •'■ir. i>r tl.< (*<-v
--emor, Judges of the Superior Courts, ihesideutot me
Senate. Speaker of the House, printers and reporters,
Judge John* .n and Chancellor Harper, ot boutl.f ro
lina, and other distinguished citizens. Tl.e resolutions
offered yesterday by Mr. T’rsyih. and the substitute to
them presented by M:. I’-rrancc, came up tor delmcrz
tion. Mr. llorrien t,, .k-t!m floor in opposition to the re
solutions of Mr. Forsyth, «nd prepared an amendment to
the first rcsolutum of Mr. Forsyth, by striking the latter
part of the resolution from the words -‘the rcßolutioas.il
any,” &c. and insert a clause that the report of the oom
mittce if approved hv the convention, he appended to the
proceedings of this cnvm.tioe, m be submitted to the
people for their approbation or rejection. A long de
bate followed, iu. which Messrs. Cumming, Rockwell,
Forsyth, Cordon, of Monroe, Cuthbert, Torrance, and
others took part.' Wiih.wt taking the question on the
resolutions and amendment, the convention adjourned to
3 o’clock to-morrow. The following is a list el the mem
bers ol ihe couventiou :
Malrom Mornso.’u
Uoker— Young Allen.
Baldwin —W m. H. Torrance. Samuel Rockwell.
Uihh— Roßert A. R< all, Robert Collins.
Itullorh —Samuel 1,. I.«»eUliart.
fturkr—i. Lewis, 11. Hughes, I). Taylor, Jr.
(.'atuden—Morncc U. b«i\l.
4'htroket —Z. K. II irgrove. Win. V,. Wdh unson.
Clark— A. S. Clayton, Thos. Moore, Jos. logon.
Ramsey, W. A. L. Collins, J. Cardeugo.
*Caw>etn —Thomas Watson, Owen H. Keean.
Cravfurd Henry Crowe 1, Hiram Warner.
Vtratur —Drury I’orl, John W. Kc th.
I) f Kalb— I*. J.'Dupree, I>. Kiddoo. O. C.aiK.
•Doahj —Thomas 11. Key.
Early— Josiah T. Tatteraon.
Jiflin'jlKini —Clem. Powers. .
filbert —Beverly \llen, I. N. Davis, James M. Tait.
Emanuel —Joint R- Daniel.
Hreeue—'-' .C. Dawson, C. C. Mathews. W . C-rcr r.
Otcinnrlt— J. C. P-.rk, vt m. Maltbie, Hines Holt, jr.
S. McMullen. ,
Hall —W. H. Underwood, J. McAlec, R. Saniord
Nchcmiah Garrison.
Hanrack —T. llayurs, T. Vinson. J. Lewis.
Harris — M.Gucrry, Barkley Martin.
Heard —Rene Fitzpatrick.
Henry— A. R. Moore, G.Clark, J. Johnson, J. Coker.
Houston— " .L. Campbell, If. Lawson, C. Wellborn.
Irt'in —W illiam - lone.
Jackson —D. W ill. J. Park, J. Pitmai .
Jasiier— A. Cuihbort, I). A. Reese, M. IMnllspr*.
JsOerson— Roger L. Gamhh . Philip M. l.emlie.
Jones—W , S.C. Riid, J. L. Lewis, T. G. Barron.
Bonze ns —David laekshtar, Eason Allen.
Jjte —John (•'. Oliver.
Lincoln— Rem. Kcmson, Peter Lamar.
Madison —’i'homas Long and V/in. M. Moi,on.
Marion —W iley IV dliams.
Mclntosh —Tliomas Spalding. James Troup.
Merixreiher — W . I>. Alexander, H. W. Ector.
Monroe—J. M. Berrien, T. N. Beall, G. W r . Gordon.
Elhridge G.Cnbiness.
Montgomery —Jos, ph Uyals.
Mur go a— W. S. 'lokcs, Van Leonard, C. Campbed.
Muscogee —Allen Lawlion, A. S. t niton.
NeKton —C. Kcnnon, R. L. sirams, -■ P. Stoois.
■Oglethorpe —flt-orgo R. Gdmir, John
Pulaski —B. W . Brace well.
Pn/na. i—L. W . Hndson, <'. P. Gordon, W. W. Mason.
Rabun-r Samuel Farris. Henry T. Moseley.
Randolph —rßcnjamin Holland.
Richmond —J. Forsyth, w• i utnming, J. P- Rmf-.
Smren— A.-S. Jones, P. L. Bade.
Talbott —Samuel W . Flournoy, N. 0. Powell.
Talia ferro —Absalom Jones, S. C. Jeffries.
Tattnall —Joseph Tilman.
Thomas —W nj. Reynolds, A. J. Dozier.
Troup —Snmutj! A. Bailey. J. I . Alford.
Ufneou —R. J. Crews, J. Robinson.
Malian —T. . vTarris, T. J. Hill, O. ?troud.
Warren —Henry Lockhart, Thomas Gibson.
—S. Robinson, J. Peabody, M. Brown.
N'oveVskr 13,—At k o’clock the President tooK ihe 5
nthair. A communication was received trom Judge Da
viil Johnson, announcing hjmselt to the Convention as
or»mmissioned bv the Union and Rights Party ot
ftouth-Carohnn, to attend die proceedings ol this con
tention. and requesting the convention to allow him to
zppezr before them, and the circumstances
pfbich led to his de legation t>» this body. Another
<eMnmunication was roccived Itom r’hancellor Harper,
representing hiniselt as a delegate from no party in ts.
Carolina, but as having been requested by persons with
whom he is politically connected, to attend the pro
ceedings ol' this convention, and to explain the views ot
the party to which lie is attached. Mr. Forsyth then
moved to postpone die consideration ot the resolutions
he had offered, and to adjourn; the motion prevailed,
Attd the conveayon adjourned to 10 o’clock to-morrow
morning, ro meet at the Methodist Church.
November 16.—At lb o’clock the President took the
chair. A communication was received and read, from j
Mr. Ware, of the county of Heard, protesting against j
the seat of Mr. Fitzpatrick, the sitting delegate from
•Heard county. The General Committee being in ses
sion, and not prepared to report any business for the
xonvention. an adjournment was moved—the motiot
prevailed, and the cenventjot adjourned to 3 o’clock
this afternoon to meet :. the representative chamber.
The convention '■ <.’, according; to adjournment, at 3
o’clock, in the rep: enta’.iva h«u. The chairman of
ths "meml comig;”-C iaforatsd the that
iney were ready to report. Ttsc report mjs or it red to
be re- i .red re folUnve ;
A.\TI-TARirr C’OWK^.TIOX.
REPORT of tiic C'V'-.mittee appointed un the Iff’n
in-r. to prr- ; re and art* r.go matter in proper form for the
dii.ber.rion .-.nd nctiufi ‘t the Convention.
I. Remberd, That the Voier., Uove.nrr, of is icon
!<• ■ racy tbrnud bv,-t- «txtcs to m>osing th <1,1.0. for
th*. -pecilfe pur roses (Jprtsst-i in the Coasti-iltlon, and
tor .-it »-iv.
-• That every ever- -, b, the Pedcnd (. .vernment, or
by any de partiiieiil *. c jf, . c.t p»jwers not granted bv the
(. uns , i»ur:oii. notvvith-,i may be utid* r the form*
oflaw. is ;n rclati,. 1 to the- constituent slates, a mere
usurpation.
3. In »t a Gi,rarn:n» it of iirnted powers can have no
e-uiiviia : right, to ju-igo 1:1 ilia las’ rrsorr of its own
iis . r abr jr, ot • . p-*wrts eonterred up-> i since
that wo- ,f 2 be to subs, i ;:e for the iitnb.ations of the
Ccns’.'.utions ot he Constitutional charter, the judgment
ot ■ ia a gents wh-.* were employed to carry it into effect
—to anmli.iata tuo.-c hmitutioris, by a power derived
Iroin tiit .same instrum-nt which created them.
). Tit the Fe'h nil Govern Men’, is a Government,
to- p.»u Irs i>t wc 1 iarc exprersiy limited by the Coti
an:uti.-ri whicli er. .ted it, ami c m therefor'.- have no
cor st tut-una! right to judge 1 tae last resort ot'tl.o use
orabest-oi thusi pow, >.
3. d .1 ;t it is essential to a confederated Govt rnment,
the powi-rs of wiiic.b art c.tpre-ssiy liiuitcd by tin-U.ui
stiitiiien which creates if, tk .t tiiure sliould exist s<>nte
wh. re .1 power authoritatively to interpret that msi.ru
-1 i»-nl tu -ic-cidtf 111 tile last n >ort on the u or abuse ol
tin authority, which it confers up, 1 the common agent
of the confederating states ; that such a power cannot
belong to the agent, since that ‘would beta siibsiiint
his judgment tor the constitutions.! limitation, and that in
the absence oi a comm *ll urb.t - expresssiy designated
by the* C-jnstituiion for this purpose, each state as su-di,
and in virtue of its sovereignly, is necessarily remitted :o
the excivi.se of that right.
11. That die several »tat< s composing thi > 1 ’.lion were,
at the wloption of the F< !< i e msiitution, free, sova r
tign and independent sfites: that they hav. not dives’ed
thcinsi Ives ol this eh .racial, by (lie relinquishment of
certain powers to the Federal government, having as
sociated with their scut states tor purposes entirely
compatible «ith tin continued existence ot their own
original freedom, sovereignty, ami independence.
7. That the act I iyi i duties on imposts p issed iaJulv.
1832, as a. 1 !1 as the several acts of which tout art is
amendutc-ry, in so lar as it truiiscvnda the purposes ot
revenue, zhd is intended, to operate, and does operate
substantively lor the protection cf manufactures is an
exercise of powers, r.ot granted by the const tution, but
a plain, and palpable violutieti of ike true intent, meaning
and spirit thereoftl».-it tin- said acts cannot be jubtilied
under the power of regulating commerce with foreign
nations, since to regulate is net to destroy ; and the
prim I Tic ui a substantive protection to domestic manu
factures assumes, and in sonic instances exerts the pow.
er of imposing;« duty, which effectually prohibits the
importation of foreign fabrics of like kind with those
which are thus protected, and to this extent destroys
foreign commerce, instead of regulating it. That they
cannot be supported under the power !o lay and collect
duties, since this pow, r was given soly f..r the purpose
of enabling tire Government to raise a revenue, which
should be adequate to i:s wants, and the amount of re
venue which is raised by these protective duties very far
ex< u< ds tiie legitimate wants of the Government—and
that that attempt to vindicate the exercise of a power to
imposo a burthen on the labor and industry, of one pur
tio:i of the people of the United -States, for the benefit
of another portion of the same people, under the powtr
to provide for the common defence, and general welfare
of the United States, is even inert- alarming tiian the di
re - t n. -nits of the system itself, because that is to ascribe
tu Congresss power t r do whatever in their judgment
may conduce to the common defence and general wel
fare, and tints to invest the national Legislature with un
limited, (because merely discretionary) power over the
rights and liberties of the people of Georgia.
H. That the people of Georgia are sincerely attached
to ill** federal cousiitinioii. ami to the union of these
stales, which it creates and guarantees —that they con
aider it as a precious inheritance received from their fa
thers, which it is the duty of patriotism to maintain and
defend, and estimate it above ail price, save that of lib
erty : that they arc ever ready ro peril their fortunes and
their lives in its defence, and would deeply deplore its
dissolution, ns an event alike inauspicious to themselves,
and to the cause of civil liberty throughout the world.
That actuated by these feelings, and even amid the difli
culties which beset them, not despairing of the Repub
lic, they will sriil persevere in the rise of every proper
and efficient means for the peaceful adjustment of
this unhappy controversy, which may be within their
power as one of the sovereign members of this confede
racy, or which may result from consultation and con
fer ncc with their sister -Slates, having a common in
terest with them in this matter. That taking the pay
ment of the national debt, as the period after which the
present tariff of dutiss, so far as it transcends the pur
poses of the revenue, and is designed for the protection
of domestic manufactures, can find no plausible pretext
in our coß3titutioAal.chnrter, they are willing to w ait un
til Gongress shall have full time deliberately to deter
mine whether they wiil reduce and equalize the duties
on foreign imports, sons to bring the income or the
Govervnment within the limits of revenue, and to col
lect the contributions of our citizens on the principles
oi just taxation. That having regard to the inte rests
of those whose capital has been invested in manufac
tures, during the progress of that course of legislation of
which they complain, they are willing that the reduc
tion of duties which they rsk should be prospective and
cradual, and fearfully admonished, as they have been
by experience of the fallacy of ilu ir past hopes for
relief from the evils under whicli they sutler, they will
still look to the justice and patriotism of their brethren of
the manufacturing - late.
!>. That the people of Georgia cannot admit to tiie
permanent protection of domestic manufactures by duties
imposed tor that purpose on the importation of forcing
manufactures, and especially on such as are among the
necessaries of life :—flint they cannot submit to tiie
adoption of the principle, on which such duties are im
posed. as a permanent principle of federal policy—hut
will feel bound 10 resist tiie same by the exercise of all
their rights as -me of the sovereign members of this con
fed racy—and by consultation and concert with their sis
ter States, having like interest with themselves, and
disposed to unite with them in resistance to tins prin
ciple.
Ift. That it be respectfully recommended to tiie sev
eral Southern States, having a common interest with us
in the removal of the grievances under which we labor,
from the protective system to assemble in Convention
by Delegates from the respective States, corresponding,
to the number of their Representatives in Congress, and
elected for that purpose on the third Monday in March
next, to confer together on flic subject of these griev
ances. and to recommend to the people of their respec
tive State such measures ns may best conduce to the
removal of the same—and that the place of such meal
ing be determined by correspondence between the Dele
gates elected to said Convention.
11. That the Clerks of the Superior Courts in the
several counties be requested to open a register in their
several offices, and that the citizens of each county be re
quested to attend at said offices, and enrol their names on
the said register, expressing their approbation ordisap.
probation ot the proceedings of this convention—that the
sain Registry he conducted under the superintendence of
t ommittees to be appointed by the President of thisl'on
vention for each county —that the said Registry be open
ed on the 15th day of December next, and kept open tor
thirty days thereafter, notice thereof being given by the
superintending committee in each county.
12. That if.tr the expiration of the time of registering
the names of the cinztiis in the several counties, a ma
jority shall be found in saver of the proceedings of this
convention, it shall be the duty of the superintending
committee in each county to give public notice ot that fact
within s id county, and to invite tiie citizens of the same
to elect by general ticket, on the first Monday in Febru
ary thereafter, eleven delegates to represent this state in
the proposed Convention of States.
13. That when this convention adjourns, it adjourn to
meet at this place on the first Monday in May next —and
that the counties which are not represented in this con.
vention, be respectfully requested to elect delegates to
represent them therein, at the said adjourned meeting.
14. That the President of this Convention do com
municate tiie aforegoing resolutions from one to ten in
clusive, to the Governors of the several states, having
common interest with us in the removal of the griev
ances 0* which we com/ain, asking them to give publi
city to the same within their respective states, and ear- !
nestly requesting them to unite with us in convention, as j
the sure, perhaps the only means of preserving the peace I
of the Union.
]b. Tnat the committee of superintendence for the
county ot Baldwin be denominated the Central Commit
tee, and be authorised under the direction of the Pre
sident to take all necessary steps for giving effect to the
measures ot this convention.
16. That the superintending committee in each countv
be requested to communicate to the central committee
of the county of Baldwin the result of the elections for
delegates to die convention of the southern states, and
that the said committee be authorized to announce the
general result ot the said election, and to give to the per
son* efected certificates of their election.
17. TV.; coffees oftbe proceedings ol th'. s
■ convention i>e r- r".tt J and distributed under the direction
v! th- Central Committee.
On tnntioo, it ■• at ordered to have the report print
ed.
The re-rolntl -i« us Mr. Forsyth, with the amendment
■I Mr. Berr r caruc- up tor consideration. On motion
to :;g ret. tot.ie amendment oi Mr. Berrien to the re so*
Inti sa i \fr. Forsvth. the yeas were 63, the nays 56.
I . r s.j . amenOt i was men agreed to. Mr.
Forsyth t.icn, utter a few preliminary remarks informed
the contention, that he should witadraw trom that body,
which he did. after placing on the table the following
protest-, si rr.eu t,v the d.legates who also seceded irom
t.;e convcn..o.i ;
PROTEST
Os the I) 'egatts who seceded from the Contention,
j true i tint body refused an adequate scrutiny into the
authority of its members to act as delegate* of the
I People of Georgia: —
Trsigat J, who have been appointed Delegates
to a State C invention to be held at Milledgeville, here
by declare their secession from the body, which is now
sitting, under that title, for the following reasons :
i\r.d —M r« than twenty counties are unrepresented
in the Convention. The absence of so large a part of a
! perfect r< presentation would, in any case, make it pro
h.'.rh. ami i j th present instance renders it almostcer
tain, that every important vote of the majority of the
Convention will be, in etid.-r, a vote ot the - minority of
the people.
rff ■ imi —N .t o'j’v have more than twenty counties
plainly indicated thru they dls ipprov- - the Convention,
by lining to t lec* De-legates, but many of those
winch re r- presented, made ; > point to -nrs. not because
they approved of the Convention, but that their dele
ga'es might endeavour t > a\ e-rt the - evils which they an
ticipate 1 irom the tneetiiur, and in the expectation that
1 those delegates would withdraw, whenever a course
show! I he adopted inconsistent with the rights of their
| constituents.
Th.rJ —\u . • iceive that a course has been adopted,
• inco.isls’ent not only with the rights of our constituents,
but with justit to the wh !e People. A very great pro
portion of those sitting as delegates have produced no
sufficient evidence, that they tire duly authorized lo ap
pear in behalf ot' those counties which they nominally
repres.-at ; and the in-jority of the Convention has re
fused to institute and enforce such a scrutiny as is in
dispensable to the investigation ol this essential tact.
Under these circumstances, we deem ;t an impt-ra
; five dtttv to fit Tile—at the same time entering a so.
j 1- nut protest against any authority or influence, which
i may be claimed for the acts of the body which we have
left, as acts of a Convention, representing the People
ul Georgia.
Milled gee'lie, Vre ember IG. 1832.
John Forsyth, Richmond, Tin*. Lung, Madis.on,
| Wm. Cummins, el a JJarkh / Martin, Harris ,
; Thos. W. Hen:*. Walton, M. MAfee, Hall,
T. Haynes, Hancock, H. T. Mostly, Unban,
//. I'nilcnrn nl, Hall, John G. Park, Gwinnett,
| M. Frown, 'Washington, Matthew Phillips, Jasper,
I H. Crowell, Crawford, Win. M. Morton, Madison,
| Hiram Wur/icr, do. S. Robertson, Washington,
j N. 11. Powell, Talbot, Wm. Sloan, Irwin.
| '/.■ /). Hargrove, Cherokee, Orion Stroud, Walton,
1 Lewis J. Dupree, Dekalb, David Taylor, jr. Burke,
| Hugh Lawson, Houston, R. Rcnison, Lincoln,
I And'w R. Moore. Henry, Satn'i. Lockhart, liulloch,
| O. H. Kenan. Coweta, Thus. Watson, Coweta,
D. .1. Reese, Jasper, John P. King, R'chmond,
It. U . liraceusell, Pulaski, David Klddoo, DeKail),
Jan. G. Putnam, Jackson, j Old cer Clarke, do.
W. L. Campbell, Houston, j Tkeopkilns J. Hill, Walton
Gibson Clark, Henry, i Thomas H. Key, Dooly,
James Coker, do. John G. Oliver, Lee,
Alfred Cuthbrrt, Jasper, Jesse Johnson, Henry,
Jno. R. Daniel, Emanuel, N. Garrison, Hall,
ii. w. Ector, Meriwether, I Harare R. Ward, Camden,
Samne 1 Paris, Rahun, Joseph Hill, do,
Thos. Gibson, Warren, S. M‘Mullen, Gwinnett,
ISenj. Holland, Randolph, j William Maltbie , do.
Jas. G. Lewis, Hancock, j
On motion, the names of the delegates were Called,
in order to ascertain the number and names ot dele
gates remaining in the Convention : it appeared that
there were present, rci.v,lining in convention, 70 dele
gates.
On motion, Mr. King was admitted to take his seat
in the convention as a delegate from Glynn county.
The following gentlemen were appointed the com.
mittee agreeably to the resolution introduced by Mr.
Forsyth as amemieded by the convention on tiio motion
of Mr. Berrien: Messrs. Clayton, Jones, Torrance.
Flournoy, and Alford.
Tile Convention adjourned to 10 o’eioek, to-morrow
morning, to meet in the Methodist Church.
Nov. 17.—'Flic convention adjourned this evening
sine die, to meet again on the Ist Monday in July next.
The proceedings and resolutions adopted, will be pub
iished in our next. The resolutions, as reported by the
committee of 21, were amended, but tire amendments
do not affect the principles advocated in them. The
first nn resolutions received no amendment.
Both branches ot the General Assembly have been
so lar slir-v in their proceedings, owing to the meeting
of the convention, and to elections. Yesterday', Messrt.
Rhodes, Cox and Wynn, were elected lottery commis
sioners, in addition to those already occupied in superin
tending tlie Draw ings of the‘land and gold lotteries. By
this additional number of commissioners, the gold and
land lotteries will be drawn at the same time, while, here
tofore, the lotteries were drawn only 3 days each in the
week.
B.DiKS.
We begin to-day the publication of the reports of the
several Banks of this state, made to the Governor, a
greeably to legislative requisition, and by him transmit
ted to the legislature at the present session. We intend
I to offer some remarks upon these reports, in a short
time.
BASKS OF GEORGIA*
Fauk of AuguMa.
RANK OF AUGUSTA, }
October 10, 1832. y
To His Excellency Wilson Ltnnpk'n,
Governor of Georgia,
Sin—ln compliance with the existing requirements of
the legislature, [ have the honour to transmit herewith,
an exhibit of the. state and condition of this Bank, made
up to the first of October, 1 "3d. It was, as you will per
ceive, in point of form from preceding returns, inasmuch
as it comprises a monthly as well as the annual statement,
which together furnish' a document, whereby the busi
ness of the Bank may be more frequently tested, by a
comparison with the wholesome limitations of the char
ter.
The surplus fund, though consider Me, is partly noni
ind, it being held to cover losses by Duel debts; of this
description the statement shows §17,063; agd there
will probably be additions to it, .from the doubtful list, of
86,653, and perhaps also from some »ther debts not yet
due.
It is considered expedient to state that the whole a
monnt of money' loaned, on pledges of stock, is §26,-
669, in which is included §11,990 borrowed by directors.
In regard to the amount of “ real estate, - ’ owned by
this Bunk, no further loss is apprehe t led ; it was valued
in 15-31, and the di five nee between the first cost and
that valuation, was then thrown off as a loss, and enter
ed on the books of the Bank accordingly.
By a memorandum at the first c-r the general state
ment, ir will appear that ot 8281,401, the whole circu
lation of this Bank, the sum of fj 11,766 is in notes of
five dollars down to one.
In conclusion, it is thought proper, 'though not requir
ed by public authority) as the st -te is largely interested
in this Bank as a stockholder, to remark that the stock
is considered as worth aboj: 20 per cent, premium,
judging by the las: public sale.
I have the honour to be, very respectfully, your obe
dient servant.
THOMAS CUMMIYG. Pres. Bank of Augusta.
; General Statement of the Rank of Augusta, on Monday
the I.R O dober, 1832.
DR.
To Capital Stock, 6009 Shares of SIOO ea. §600,000 00
Bank notes &. changs bills in circulation 2b1,601 50
Other Banks - 10,576 92
Deposits and divides is unpaid, . , 85,116 75
Surplus, ...... 96,968 56
/ §1,074,263 73
CR.
By discounted pa[*r due and running to
maturity §734,193 43
Os which there is doubtful ah’: 6.653 62 i
And bad, aUbut . 17,063 61
Amount duefcy oilier banks . . 24.900 26
Nc<ee of othfr Ymks on hand, . . 63.441 00
t I I
Real estate the banking huusa
i and lot) ..... 39.12 1 50
Expenses, - 3,381 48
r-ptc.o .u the vault belonging to the Bank. 153 217 06
§1,074,263 73
li. CAMPBELL, Cashier.
THOMAS CUM MING, President.
Jlcrchaiih and Planter* Bank.
AUGUSTA, Ort. 29, 1b32.
His Excellency Wilson Lumpkin,
Sir—l have the honour to submit to you the annexed
statement of the funds of the Merchants and Haulers
Bank.
With sentiments of high respect. I remain, vonrs, Ac.
JOSEPH WHEELER, Pres, M. and P. Bank.
Statement of the Funds of the Merchants and Planters
Rank.
DR.
A nount of Capital Mock paid in - - §224.975 00
Notes of this Bank in circulation 191,123 00
Amount due other banks . - - 36,273 3i
Reserved funds and undivided profits - 23,060 10
Individual deposited .... 11,810 66
§187,272 13
CR.
Specie and soecie funds - - - *9-150 b 2
Notes us the banks in Georgia, - - 7.130 00
Due by other banks ... - 3,856 5,
Bills of Exchange and notes discounted, 395.304 70
Current expenses, - 1.830 04 |
i
§487,272 13 I
JOHN F. LLOYD, Cashier.
Augusta, Oct. 2. lt-32.
JO EPH W HEELER, President.
in cell auics Bank.
MECHAMCS RASK, )
Avgusta, October 4, 1b32. y
T> His Excellency Wilson Lumpkin,
Sir—l herewith hand you a statement ol the affairs
of this Bank. Your obd’t serv’t,
JOHN PH IN IZV, President.
Statement of the Funds of the Mechanics Bank, Au
gusta, Gj.
DR.
To amount of capital stock paid in, §100.(500 00
Notes of the Hank in circulation, 117,153 09
Due to other hanks, .... 20,521 95
Reserved fund and undivided profits, 7,171 33
Individual deposits «fe unclaimed dividends, 17,521 19
§262,673 47
CR.
By specie, ..... §67,655 87
Notes of other banks, - - - 11,526 00
Amount due by other banks, ... 3,641 84
Nates discounted and running to maturity, 71,150 09
Bills ol exchange 9 *—Savannah, 60,650
Augusta, 16,816 71
N. York, 22,532 18
Banking house and lot, - - - 6,377 45
Current expenses, .... 2,023 03
§262,673 17
Augusta, Georgia, October I. 1832.
GEO. W. lAMA R, Cashier.
A;j£:a*Sa, Ijtsurajirc A Cttnt
ptinv.
Office Augusta Insurance and Banking )
Company, October 1, 1832. y
To His Excellency Wilson Lumpkin,
I Ii ave the honour to inclose you a statement (signed by
the Cashier.) exhibition the nresent condition ol the An.
the Casmer,) exhibiting the present condition ol the Au
gusta Insurance and Banking Company. In contrasting
the present with the last and previous annual returns of
this institution, it will be apparent, on examination, that
its present condition must be regarded as an ample grat.
ideation of the confidence expressed by the joint coin,
mittee on Banks of the last Legislature. Exemption
from extraordinary losses during the last year, has ena
bled the office to triumph over all past difficulties, pay
the regular semi-annual dividends, and add to the capi
tal stock the sum of §15.099. This result, so gratifying
to the Board of Directors, derives its chief value, from
the consideration that a frank and liberal construction of
the rule for the settlement of claims?, lias elicited a re
ciprocal feeling of confidence, as manifested by the daily
increasing patronage of the public. The new aspect
which the condition of the institution offers to the con
sideration of the stock holders, will afford them a gratifi
cation, only equal to that enjoyed by the Board of Direc
tors presenting it. And whilst a brief recurrence to its
past history, offers little to console lor the heavy losses
sustained, but the knowledge how to overcome them—
its present condition will be regarded as offering a well
founded expectation, the hopes entertained, of a sure and
profitable investment, will hereafter be fully realized.
I have the honor to be, &c.
PETER BENNOCTI. President.
Slate of the Augusta Insurance and Ranking Company,
October 1, 1832.
DR.
To capital stock paid in, - - . §125,000 00
Deposited, 19,583 13
Bills in circulation, - - - 117,143 00
Dividend unpaid, .... 673 20
Profits since July Ist, - . . 7,226 98
§269,626 31
CR.
By notes ruining to maturity, - • 151,906 11
Bills of exchange, do 16,719 70
Balances due by other banks and agents, 1,543 52
Bills of the banks of this state, - - 15,013 0
Specie and specie funds, - - - 48,358 42
Damaged cotton unsold, - - - 2,235 77
Bills and notes past due, ... 1,143 91
Incidental charges and marine losses, - 2,695 88
§269,626 31
ROBERT WALTON, Cashier.
Augusta, Oct. 1, 1b32.
Bank of the State of Georgia.
Bank of the State of Georgia, }
. Savannah, October 18, 1832. y
His Excellency Wilson Lumpkin,
Sir, —In conformity to legislative requisition, the an
nual report is herewith transmitted, of the state anil
condition of the Bank of the Stale of Georgia, and its
offices of Discount and Deposit, on the first day of Oc
tober instant.
I have the honour, &e.
W. B. BULLOCH, Pres.
Statement of the situation of the Dank of th» State of
Georgia and Branches, October I, 1b32.
DR.
Capital Stock, .... §1,500,099 00
Notes in circulation, ... 825,979 00
Balances between principal Bank and
branches and sundry State Bunks and
U. S. Branch, .... 308.042 20
Individual deposits, ... 158,902 46
Dividends uncalled for, ... 4,104 00
Surplus Fund, 89,150 18
Discount or nett profits last
six months, - - 68,059 22 157,209 40
§2,954,237 06
CR.
By discounted notes including those in
suit, ... . . §1,889,756 97
Bills of Exchange running to maturity, 383,644 86
State Bank Stock, - - 65,6.27 00
Banking House and Lots, . - 60,500 09
Bridge at Augusta, .... 60.000 00
Real Estate, ... . . 43,832 71
Steam boat Stock, ... 16,100 00
Corporation Stock, Savannah, . . 10.109 00
Assignment of Judgments, . . . 7,086 bl
Cash on hand in bills of oth
er Banks, - - 108,192 00
In Specie, . . 309,396 71
417,588 71
§2,954,237 06
Savannah, Oct. IS, 1632.
A. PORTER, Cash’r.
Planter’s Bank off the State off Georsia,
Savannah, October 1, 1832
To His Excellency Wilson Lumpkin,
Sir, —I have the honor to enclose the annual Exhibit
of the condition of the Planters’ Bunk of the State of
Georgia, made up to this date.
Very respectfully, your ob’t. serv’t.
GEO. Wj ANDERSON. Pres. P. Bank.
Sid.’enunt of the condition of the PlduitrJ.Dank of tht
Slate of Georgia.
DR.
Capital paid in. .... §535,580 00
Notes i:i circulation—
old emission, 21,713
new do. 100,713
Due to individual depositors, - 156,800 25
Unclaimed dividends, ... B,;>;>< 2i
To other Banks, .... 2.),427 45
Profits and reserve lands, - - - 106,145 86
§962,973 83
CK.
Specie in the vaults and spe
cie funds at the North, 39,156 G 3
Notes of other banks, 26.355
Real Estate, 21,285 20
City and other Stocks, - - - 26.14 4
Notes and bills of Exchange discounted, 431.070 6o
Current expenses, .... 3413x2 60
Due by other banks, - 12,91. 51
£962,973
|
Pi a iters’ Bank. c avannaii (.let. 1. 1832.
GEO. \V. ANDERSON, Pres. P. Bank.
J. MARSH ALI ~ Cashier.
UariJic & Fin* ItGsirtnu’o Siank.
Marine and Fire Insurance Hank, )
Savannah, Oct. 13, 1832.
To His Excellency Wilson Lumpkin,
1 >. IR —J beg leave to hand you herewith, enclosed, the
i statement of the condition of this Bank on the Ist instant.
I am verv respectfully, &■<•.
JOS. CUM MING.
President Marine <J- Fire Insurance Bank.
State of the Marine and Eire Insurance Bank nf Sa
vannah, and its Branch at Macon, Oct. 1, 1832.
DR.
To capital stock paid in, - - - 165,600 00
Notes in circulation.
Os principal, 86,768
Os !•'ranch, 11,524
I Individual Deposits, .... 50..>13 10
Unclaimed dividends ..... 900 75
Amount due to Banks in this state for bal- 0 - g--
ance of open accounts,
Amount of reserved fund, ... 17,555 45
Do, of protits since Ith June last, ... 6,76. 51
£368,511 87
at.
By discounted notes running to maturity,
Good, .... 123,895 63
in suit, .... 6,102 50
in judgment, doubtful, ... 3,811 15
Amount of doubtful debts on open account, 3,100 00
Bills of exchange on the north, good, • - 27,415 65
“ domestic, good, - - 53.161 74
Balance due in New. York, good, ... 1,850 37
Specie in Savannah, . - 61,023 63
in Macon, ... 25,664 50
Notes of Augusta Bank, 40,685. Prin
cipal Bank of Darien, 4001). Banks
in Columbus 2685. Central Bank £3lO.
Commercial ! ank Macon 185. Bank of
liawkinsvillo 900, <Sc Sav um ill Banks 487. 49 252 00
Stock of the city of Savannah being 6 pr. ct. int. 4,502 75
Union Road -lock, valued at ... 200 00
Lands iu Alabama, “ 3,365 00
Current expenses since 4th June last, . . 2,169 90
£368,541 87
Savannah, Oct. I, 1832.
GEO. J. BULLOCH, Book-Keeper.
Darica Esa»k.
BANK OF DA It FEN, }
October 8, 1832. \
To His Excellency Wilson Lumpkin,
Sir—The enclosed annual exhibit of the state and
condition of the Hank of Darien, and its branches, in
compliance with Legislative requisition, is respectfully
submitted. Very respectfully, sir, your obdt. sent.
JAMES TROUP, President.
General Statement of the condition of the. think of Da
rien, and oj its a [fees, Oct. 1, 1c32.
DU.
To bills in circulation, ... 227,906 00
Capital stock paid in after deducting a
hiount redeemed in bad & doubtful debts, 404.392 50
Deposites on individual account, - - 3J,748 GO
Balance due to other Banks, - - 86,009 79
Dividends unclaimed, .... 0,138 01
Reserved fund after deducting losses in
bad debts, the depreciation is real estate
and all expenses to date, - - 84,777 21
$909,032 14
CR.
By bills of other Banks and specie, • . . 54,748 01
Balance due by other banks and offices, 25,084 44
Bills of exchange, discounted after de
ducting estimated losses, - - 105,514 91
Notes discounted including those under
protest and in suit, after deducting
estimated losses, .... 573,454 38
Real estate after deducting estimated de
preciation in value, .... 89,145 80
Protest account, .... 1,084 00
8909,032 11
Bank of Darien, Oct. !, 1832.
E. S. REES, Cashier.
FariiKrs Bntik of CltnUaSioodutc.
Farmers Bank of Chattahoochee, f
Columbus, Oct. 5, 1832. \
To His Excellency Wilson Lumpkin,
Sir—ln compliance with the requisition of an act of the
legislature of tins state, I now have the honour to trans
mit to your Excellency the enclosed statement, showing
the condition of this institution on the first day of this
month inclusive. Although the credit of the Banks
ot the interior, and especially those yet in their infancy,
was for a short time, suspected in some sections of the
country in consequence of the late failure of the .Macon
Bank, fur a very large amount, and although this in com
mon with the other banks of this place, has had divers
heavy draws upon it tor specie, yet when the enclosed
return shall be fairly examined, 1 trust lids bank will
be kpmd worthy of, and will receive the approba
tion and confidence of the legisl iture and the communi
ty. Respectfully your Excellency’s obd’t serv’t.
ELI SHORTER, Resident.
A Statement of the situation of the Formers Bank of
Chatahoochee, Oct. 1, 1832.
DU.
Capital stock paid in, .... 59,925 00
Notes in circulation, .... 91,881 00
Due other banks, - - . . 15,103 25
Individual deposites, .... 32,579 22
Nett profits, 2,404 09
$201,953 10
CR.
Bills and notes discounted, . . . 98,931 67
Due by other banks, .... 6,000 78
Silver, ... 70,171 71
Gold bullion, ... 18,000
Notes of other banks, . 8.819
97,020 71
$201,953 16
Farmers Bank of Chattahoochee, )
Columbus, Oct. I, 1832. (
El)'' ARD CARY, Cashier.
Bank of Columbus.
Columbus, October 3, 1832.
To his Excellency Wilson Lumpkin, Gov. <J-r.
—ln compliance with the requisition of the laws
of this State, I have the honour to transmit to your Ex
cellency a s aternent of the situation of this institution
on the first day of this month. You will perceive that
it is more in detail than usual. This we conceive would
be more satisfactory to the legislature and to the peo
ple, from the recent failure of on., and the diffi uities
which arc supposed to exist among other Banks of the
State, \ouwill perceive that the Bank of Macon is
indebted to this institution the sum of §15,188 28. Fur
this, notes on individuals who are perfectly good have
been transferred, sufficient to pay the debt. The only
inconvenience therefore which may be expected to arise
out of our transactions with that Bank, will be the de
lay and trouble of collection.
I have the honour to be, respectfully, your ob’i scr’vt.
SEABORN JONES, President.
-4 general statement of the affairs of the Bank of Co
bus, on Monday the Ist October, 1832.
DR.
To capital stock paid in - - 8120,000 00
$ Notes of ih« Barsk in cirf ttlaiic{n. )£&'■',
Reserved fund and d^count account 2 r
Bank State ot Georgia, ... d j J ; J 37
) Branch Rank State of Georgia at Augusta,
do. - - - . at Greenesboro* ‘n- "*
Central Bank ot Georgia, '.'f S'l
Branch Bank at New. Orleans, . * O'
) Individual Deposited, . - 13 gyj
t— _ J
; CR.
. By notes discounted, - 111,630
i do. in suit, - • 1.869
Bills of Exchange, viz : M
On New. York, 17,985
Mobile, 38,950
New.Oilcans, 3,001>
Macon, 4,131
Augusta, 9,450
Savannah. 8,0l)0
Commissioners of the town of Co
lumbus, on the Governor, for
building Bridge, 6,085
Due and not in suit, 1,938 10
—.•— to !■•,
1 Brarcli Bank U. 8. at Mobile,
do. at Ncw-York, •'
Branch Bank Slate ot Georgia at Macon, 3 ~U
do. at Eatomon, V- 0
Branch Marine <Sc Fire Las. Bank at Macon, j
*Bank of .Macon, - - _ - . la.l^^
Merchants’&. Planters’ Bank of Augusta, 3•> , '
Bank of Augusta, .... V
Banking House and Lot, - . . Cv'tii n
Protest Account, . - j- .
Incidental expenses, .... *
Cash on hand, viz :
Notes of other banks in
Georgia, 6,290
do. Bank U. 8. & branches 2,840
Gold coin, - - 301 50
silver, . - . 132,951 92 142,293 (2
§393,202 \v
Bank of Columbus, Oct. 3, 1832.
A. B. DAVIS, Cash’r.
* For ih'S amount due this Bank by the Bunk of M,
con, ire /nice notes of individuals who are good, traits
ferred to us, amply sufficient to pay the debt.
SEABORN JON ES President.
October 3, 1832.
Stiviii'icue FStiaiK of Colmulmv.
COLUMBUS, 0G.2, 1832.
To His Excellency the Governor,
Sin—l have the honour of transmitting herewith,
general statement and exhibit of the affairs of this Rant
0:1 rlie first of this month.
I am, very respectfully, sir, your obd’t serv’t,
' J. C.’ WATSON. President,
.1 General Statement of the affairs of the Innranci
Bank nf Columbus, on the Ist of October, ff 32.
DR.
To Capital stock, .... 150.000 00
Bills in circulation, - - - 101,299 00
Amount tine other Banks, - <- . 7,729 00
Undivided profits, .... 2,614 5.4
Individual deposites, .... 7,Dili 2:1
£269,607
CR.
By bills of exchange running to maturity, 87,888 It
Notes discounted, .... 61.719 41
Amount due by other banks, - . 13,779 5!)
Gold and silver, . . 70 375 72
Notes U. 8. and branches 20,500
Os other banks in Georgia 15.315
Columbus. Ga. Oct. 1, 1832.
B. HEPBURN, Cashier.
J. C. WATSON, President.
Commercial Bnsik oS Jlucftii.
Macon, November 1, 1832.
To His Excellency Wilson Lumpk'n,
Sir—l have the honour herewith to hand yon a state,
ment o l 'the condition of this Bank on the fust of Octo
ber, 1832. lam respectfully, *!te.
A. CLOPTON, President.
Report of the condition of the Commercial Bank at sfi
cun, on the Ist October, 1832.
DU.
To capital stock paid in, - - - 81 OO.ILfI 00
Notes in circulation, ... 37.258 (14
Deposites by individuals, ... 5.286 29
Balance due other banks. ... 16,001)32
Profits since February 15th Inst - - 9,671 (il
$188,276 22
CR.
By notes discounted, running to maturity,
and all considered good, . . 87.753 11
Bills do. do. - - - 35,766 77
Specie and notes of specie paying banks
in this state, - • . 39,612 I'. 1
Balances due from other banks, - - 20,097 96
Current expenses since 15th February last 5,015 9*l
$188,276 22
.75au»H Bank.
Executive Department , Georgia, ) I
Milledgeville, Sept. 28, 1?32. \ I
Sir —The injury sustained by the community, nndper- I
haps the state, inconsequence of the failure of the Ma- I
con Bank, renders it exceedingly desirble that a full anJ I
lair expose, of all the facts relating to this failure, to;,".- I
titer with the present condition and future prospectsul I
the institution, should be laid before the approachingk- I
gislature. And being at a loss, under the existing state ■
of things, who to apply to for the information desired; a
and being informed tint you are the principal proprietor ■
of the stock, and that you have the books of the Bank, ft
in your possession ; I take the liberty of asking you, ft
whether it may be expected that a report will be ma<l r * to ft
this department as usual ? and by whom? with a I
of the same being laid before the legislature. I
Respectfully, your obd’r sorv’t. H
WIL ON LUMPKIN t
Mr. Thomas M. Ellis, Macon, Ca. H
Macon, October 1, 1832. B
Sir —Believing any expose relative to the affairs o: H
the Macon Bank, in rny power to make, as of little value ft*
(for whatever might lie its real character it would I* ■
considered partial and incorrect) 1 think it most exped- ■
ent to submit the whole matter to the investigation of» H
committee appointed by legislative authority, clodte• ■
with necessary powers. Tins mode is prescribed f>yH
charter of the Bank, and I presume the next legislate ■
will exercise this reserved right, at which time I shall!* R
happy to afford any aid in my power to accomplish an B;
vestigation of all the affairs of the Bank. B
Very respectfully, your ob’t ser’t. B
THOMAS. M. ELLIS- ■
His Ex. Wilson Lumpkin,
Milledgeville, Ga. I
Macon, 15th October. 1?32.
Sir, —The continued mysicry which hangs around H
affairs of the Bank of Macon, subjects every indivuiu-- H
to public suspicion, who has at anytime had an sgef-'i H
in administering the affairs of that institution. I|
From my former situation as Cashier, 1 have ■?
counter my share of public reproach. This Ih 3 ||
borne patiently, but with a determination not to f|
longer than an opportunity was afforded of vmdieaw- H
myselt from censure, all access to the books and pap- 1 ' B
being denied rue in common with all other persons. M
will readily be perceived, that I have no means ot *
vindication. Under such circumstances, 1 u ,n orl ( V, 11
to the alternative to wait a developcment by the P UII Ij*
authorities of the country ; but that I may do 311 in ftl
power to hasten that developcment, which alone ean H
tisfy the public, I have respectfully to request that} 3 - H
will bring the subject before the legislature at an eat-.' ■
day, and suggest the appointment of a committee -to 1 , ■
amine into its affairs, and report the cause ot its ,3 ' ■
tire. In the mean time, allow me to state that an e ■
aminaiion of-the affairs of the Bank will estabh 5 * ■
following facts : . H
First, That Thomas M. Ellis, during the last ■
and spring, purchased from the different proprietors. ' ■
the stock of tlie Bank of Macon; that lie paid tor H
s ime with the funds of said bank, and that nothing H
put in the bank to represent the amount thus H
so that when 1 a bud purchased all the stock, the en■■■ ■
capital of the bank was gone. , H
* econdly. That he gave a premium of forty I!3^ e H
and dollars for said stock, which was paid in ihe - 3 ■
"ay- . m
Thirdly, That during his administration, *> ls -1