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\litl CONSTITUTIONALIST*
BY GUIEU & THOMPSON^
ptßLidiuaj or Tun laws of thk ithitkd stated.
per a iiuin, eijihtrioH I
lar*, for six months fire dollars; for the Semi Weckiy.fivc
i filar*; Tortile Weekly (coataining twenty-eight columns;
three dollars—all payable in advance.
fiCT ADVE.R TISEMSJfTS inserted at Cliatlesto 1
prices. 93T"Postage must be paid on all communications,
and letters of business.
PLANS~OF~A~PRACTICAL MAN.
Tlie following exposition of a bill to regulate
Banking in the State of Connecticut, was laid
before a Committee of the Legislature of that
Slate by the Hon. Huger Minot Sherman. Mr,
8. hat thought much on the subject, and held
much corretpondeuco with the best financiers of
the country. His plans, we think are wise, and
calculated'to'acconiplish all the objects enamel
rated in the exposition.— Jour, of Can,
The bill now before a committee of the Le.
gialalure for the greater security of monied in.
dilutions, is intended as far as practicable, to
render the banks of the State, whenever they
resume their operations, safe and useful.—There
are five objects which it is designed to accom
plish ;
1. To render the paper currency as safe as
gold and silver.
2. To make the stockholders safe.
3. To accommodate all clasps of borrowers,
as extensively as any provident business may
require.
4. To secure to the bank just profits.
5. To guard against overtrading and extra
vagant speculation by the aid of banks.
To accomplish these desirable ends the bill
provides for a competent number of commis.
sinners, not exceeding one in each County, to
one of whom the duties in regard to each bank,
as specified in the act, shall be confided. It next
provides, that after a certain day—for which a
blank is left in the bill—no bank shall issue any
bills as a currency, unless they are secured by a
bond and mortgage delivered to and held by the
Commissioner; tne mortgage to be in value doa
ble the amount of the bills secured. On recei
ving this security, the Commissioner is to endorse
on the back of each bill so secured, these words,
“ Secured by Mortgage, Attest, A. B. Bank
Commissioner ,’
But how are these mortgages to be furnished?
Not by the Bank, nor by the stockholders, nor by
those who receive the bills on notes discounted.
Neither the bank, nor any stockholder, nor any
borrower of the paper currency, is required to
execute a mortgage. The hank has no real es
tale to mortgage ; nor would it do to confine its
stock, nor the loans of its currency, to those who
have. The manner in which the seeuritii s are
to be obtained for the Commissioner will be un
derstood bj' the following statement.
Ten men are incorporated into a Banking
Company. They have paid in their capital o)
100,000, and are ready to begin business. But
they wish to issue bills, and the law prohibits
them unless they gel them endorsed by theC nn
missioner, and give him a mortgage for their se
curity in double the amount. J. S. is about set
ting up a factory, and wishes to borrow two
thousand dollars for five years on mortgage secu.
rity. The Bank lends him the money, out nf its
capital paid in, and takes his bond and mor gage,
conditioned to pay the principal at the in I of
the term, and the interest half yearly. This
bond and mortgage ia delivered by the bank, to
the Commissioner, to hold as security for so
much of its currency. Ho thereupon endorses
bills to that amount, in the prescribed form.—
Mortgages are given in this way, by t lose who
want long loans, to such an amount as the bank
may deem expedient, and bills are certified a;,
cordingly by the Commissioner and delivered to
the bank. The operations are then performed
with these bills in discounting notes at 60 or 90
days, at the counter, with good endorsers, as
they now are. No mortgage is given for them.
These bills thus go into circulation. Il’thebank
does not pay them, the public holds ample funds
in the lianas of the Commissioner, and will pay
themselves. E very Bill hohfer reads his securi
ty on the back of l.is bill. They do not depend
on bank credit. They have an intrinsic va'ue
like specie. They are as gao las gold and silver
So much for first mbject—the safety of the cur
rency in the hands,oftfie bill hoi lers.
Are the Stockholders safe? So much of
the capital, as?rests in these mortgages, is safe.
If the bank fails to redeem its bills, these mort
gages will be applied by the Commissioner to
pay the debts of the banks on those bills; and
are, therefore, safe to the stockholder, whose
interest in the bank is always subject to this
indebtedness. The stockholders are safe, too,
against that improvidence by which the capital
of the bank often gets into a few favored hands,
whose ruin draws the bank after it. Witness
the history of the Eagle Bank and Derby Bank.
No Bank ever failed without viola l ing the rules
which this system will impose and enforce.
3. Will borrowers he accommodated ? There
are two classes of borrowers—those who want
long loans as a permanent capital, for several
years, and those who want GO and 90 day dis
counts. The first borrow the capital of the
bank on mortgage, not bills. The second take
the 6i7Z» of the bank on endorsed votes. The
first class have not been able, heretofore, to ob
tain accommodations at all, except by renewals
and all the inconvenience of getting new endor
sers. Few banks in the stale, especially the
larger institutions, have ever been able to keep
out a currency equal to half their capital. For
this see the Reports in the Comptrollei’s Office.
All that amount and much more, if wanted,
inightjbe sustained on the proposed system. Bath
classes of borrowers will therefore be accommo
dated: the former better than they now are, and
the latter as well, so far as any prudent course
of business may require.
4. Will the banks be profitable to the Stock
holders ? They will get six per cent, on the
mortgages, payable half yearly. This is safe
and certain. In addition to this, they will get
six per cent on the security of these same mort.
gages, so far as they can employ them in dis
counts. This will make 12 per cent on that
part of the capital thus employed. If they
make a prudent use of the rest of their capital,
as good dividends can lie made as have ever
resulted fromjust and safe operations.
5. Will this system guard against overtra
ding and extravagant speculations by the aid of
banks? The high artificial prices, overtrading,
speculation, and ruin, which are now seen,
have arisen from the unrestrained fahricatioi
and emission of bank paper. High prices and
overtrading generated an advc se foreign ex
change. This drew specie from the banks to
pay foreign debts; for their bill will not pass
in Europe. They had but from six to ten per
cent of specie to redeem their paper. As soon
as drafts were made on this small provision,
they lost their power, and could not sustain,
their customers in the enormous expansion of
business which had grown up by means of bank
paper. Their debtors broke by thousands, and
the banks closed their doors. What was sup
posed to be wealth vanished into nothing. Could
this fearful fabric have been erected but to fall,
and bury the country in its ruins, had the paper
on which it rested been secured by mortgage ?
” ould paper thus secured ever be capable of
•ueh expansion ?
Ibe movements of the banks, under this svs
tem, are made easy and convenient by the de
lai a o, the bill. Tne debts now due to the banks,
V t lose wao are ready if indulged, to make
ample security by bond and mortgage, are soffi
cu nt to secure a currency of considerable
amount, u lenever business can be resumed,
i ei er ±e banks, nor the stockholders, nor
those who receive bills on discounted notes, are
reqmred to pve any real seC anty. T(lal js fur _
nished by those who borrow the capital of the
bank, not lUbiih; or by those now indebted.
Ihe tn e important objects above enumerated
may all be attained without imposing eiiihai.
rassment on the banks or their customers, but
i Q » " lan "f r^ >nßlst fnt with the interests of both.
When tne Commissioners shall be required in
the manner directed in the act . to ' iaU .
the securities to pay the currency, he cannot dis
tuib those mortgages whose bonds are not due •
but he will sell ana assign the bonds and mort.
gages, to raise the necessary amount. This
tp ration can be performed without producing
auy embarrassment. 8
Inflammation of the throat— A~vrriter in tin
Magazine of Domestic Economy elates,that pow
dcred alum, applied by the finger to the part af
fected, seldom fails to cure inflammation of the
throat in * ftw days.
\From the Charleston Courier.]
THINGS IN NEW YORK.
1 To form an accurate idea of the state of things
here, and the remedy which Congress can, o.
ought to apply,you must know thc-piivate his
lory, the details of what has been doing here for
the last two years, and if there is enough to a*;*
count for the present state of things, without re
sorting to bad government, the conclusion is fair,
that all the present evils arc to be laid to their
proximate cause. The argument of the mal
contents is of a well known and fallacious char
acter—‘Tf it bad not been for that—this never -
Would have happened.” A man drives carelessly,
rnd upsets his vehicle and breaks his leg—‘‘so
nuch for people’s riding cut instead of staying
i omje and minding their Huskiest.!’'etygo—pr oj le
must never, ride, who donl want broken limbs.
Or, as the pious mother, whose son Was hanged
tor forgery, exclaimed—“all this conies of learn
ing to wrii.il” Just so the men who have bought
oii credit, and sfid on credit, and lived like P m
ces, complain—of what think you?—why, that
the great quantity of specie brought into tiie
country has vausyd.an increase ol Batiks," and of
coarse of credits, and tempted people to borrow
too much, and then waste what, they borrowed.
Who made them abuse the credii? Who is re
sponsible for their extravagance? There never
was a belter siate of things in any country. The
Nation out of debt—no foreign war—Banks ha
sed on a suffi dent specie capita! to meet all or
dinary demands. In this stale of tilings, our
merchants imported sixty millions more than
they had the means of paying for. They lived
in the style of Princes, trusted their goods, and
thus gave to their cus omers tlie means; and
they, in turn, laid out cities, before- there were
farmers to Ira ie with them—at last, those who
had trusted the merchant became alarmed. —
England demanded specie—Exchange rose—
specie rose—the Banks coul i not redeem their
notes, unless those who owed them did the same;
and specie payments are stopped. Now, ;ny,
who is to blame? Had our importers only have
brought back in foreign goods, the value of
their exports—had they lived as sober republi
cans—had they been content with regular and
moderate profits, there would have been nncaasc
far explosion. That, the Banks, especially here,
have been badly, not to say dishonestly, con
ducted, is admitted; but that was the abuse of a
good tiling. It is not denied that the Banks
have aided what, were called great houses, in
extern ling their busiru ss beyond their just limits,
and when shaving began, tiiat notes were rrjcc.
led a!, the Bank, and open'y bought in I ho street.
One Bank, it is staled, had seven or eight hun
dred thousand dollars loaned out on broke’s
checks; all of which was use 1 in shaving; and.
unless they are slandered, the directors them
sclv. s borrowed largely at six per cent, an !
loaned at thirty-six. This did not necessarily
come of Batiks; it was gross abuse, and nothing
hut the necessity ot forbearance prevents inves
l.g Won an i punishment.
Why was Charleston so entirely exempt?—
Why arc all her ills imported? It is because
her affiirs have been honestly managed. Her
merchan s have not turned usurers. Her Ban!?,
Directors have not refused no cs for the Bank.,
and bought them for themselves. Charleston
has no Bonrd\nf Brokers. In fact. Charleston
is a small community, where character is o! some
value. There are in New York, "merchants of
high honor, but the place is so large that men
push themselves forward without scrutiny, and
for the last two years the most unblushing frauds
have been of daily occurrence. As a sample
Br >ker will go to a Store-keeper who wants me.
ney, and ascertains thai lie is good, not,
however, at the Board—a note is drawn for a
thousand dollars—he takes it to a shaver, per.
haps an agent of a Bank, and after explanations,
the shaver agrees to give nine 1 undrtd and fify,
taking off interest for thirty days—well, the
Broker having thus secured a purchaser, goes
to the maker, and tells him that he will give him
nine hundred, interest off, and 1 hat is the best
he can do for him, and advises him i! he can do
belter to do so. But the man is pressed, nine
hundred dollars will relieve him—his poverty
consents—the Broker pays him the money,
takes the no‘c to his shaver, gets nine hundred
and fifty, and pockets the old • f‘y, an I this is
what he calls -‘a pretty operation.” A 4 ew such,
between ten and three, enables this go between
and pander to live like a gentleman. He gave
dinners, soirees, and is taken by the hand.—
This was reputable business in Wall-street.—
Tiiis is no fancy sketch—it is true to the let.er,
and could be proved on the witness’stand. The
public pape.s in New-Yo.k are linked with those
who have thus sucked the blood of the people,
or are too much influenced by the hope of turn
ing the present calamity to a political account
to be relied on. Instead of reforming the busi
ness of the country, a struggle will be ma ’e to
pull down the Administration and setup a Bank
Party, and in the cities it will succeed, but ’he
great body oflhe farm' r-, and many of ail class,
es, who believe that all our difficulties arise from
abusing prosperity, will oppose the change. The
general argument for a National Bank, is the ef
fect it will have in equalling Exchange. I* is
a grave question whether the managingof Ev
changes by Banks at all is an improvement, un
less the rate of exchange is fixed bylaw.. When
ever money is scarce. Banks will riot discount,
because they know that Exchange is a mode of
raismg money, by which, under the name of Ex
change, any amount ot interest may be deman
ded. Hence it, was, that for the last twelve
months, tlie best paper was refused as Notes,
while every body’s Bill was eagerly sought. If
there is any wisdom in usuiy laws, or in other
words, in a fixed value for the use of money,
then there must be some fixed rale of Exchange
or a United States Bank would become nothing,
hula Broker’s offi ;e; while i 's control of the cur
rency would enable it alvvay t to dictate the rate
which avarice, chastened by prudence, should
deem it politic to ex ort. When merchants sold
and bought exchange, the true value was main
tained by competition—but an institution, who: e
capital defied rivalry, would have no check hut
a caution not to excite clamor. Ail tlie embar
rassments in our Exchanges, have arisen from
their being used to raise money by rc-drawing.
and the Banks encouraged what they ca led
‘-the cream of tlie busin. ss.” Hence the ciffi.
culty of any local discounts. These are not
settled opinions, but rather statements fir con
sideration. The amount of dividends must be
restricted io not excecdingsix per cent, the sur
plus to constitute the bonus. Tuis would lake
away some temptations to over trading and ex
tortion. On the whole, there is a great deal to
be said on both si !es oflhe question—“ Shall we
have aNa'io ial B ink?” We must, atleast, get
the State Banks under way first.
OBSERVER.
BY EXPRESS MAIL*
rFRO3I OUR CORRESPONDENTS.! ~
Ofice of the New York Evening Post,}
June 23. \
LATER FROM EUROPE.
London papers of the 24th of 3lay, and Liverpool
of the2sth, which is one day later than the pre
vious advices, have been brought by the thip Vic
toria, from Liverpool
SPAIN.
Ma cl rid paper to the 13ih of 3Tny bad been re
reived at London. The insurrection at Reus, and
the more recent events at Barcelona, had occasion
ed much alarm. It was known that emissaries were
nt work to extend the movement in Vn’encia and
Saragossa, and even in the capital itself. It was
hoped that the events at St. Sebastian would have
some effect in tranqmlizing the public fnind.
[ From the. London Courier, if Man 24.1
The American paper is in little demand, and
prices are nearly stationary. 1 nited States Tank
post notes are S4i to 95, and 31orris Canal fond*
93i to 99.
The appointment of 3lr. Theodore Fay. as Se
crctarv of tbe Legation of the 1 niied Slates a 1
London, has been transferred to the Court at
Berlin. ,
The celebrated composer Zirgarrlli, the author
of “Romeo de Giulietta,’’ died at Naples, on tbe
sih of ■ ay, aged S7. He was ch es director of the
Royal Academy of Music of that capital.
The King’s health was improving.
LONDON, May 21. —Money marl el Tuesday—
To morrow being settling day in the 1 onsol Mar
ket. the chief attention oithe brokers and jobbers is
directed to ihe adjustment of ihe accounts, and
scarcely any tiling else lias been done. The quo
unions "for money at the termination of busines.-
was9li and 9U to | for the July a ,- coiin f , being 1
per cent, lower than yesterday. Exchequer bid:
remain at 325. a 345. premium; and India bonds a
355. to 375. premium.
3he total want of news from Spain has ocea
sioned the greatest uneasiness in the foreign Mar
ket, and a further depression has taken place in tin
securities of that country, wlii’e other Foreigi
Stocks which ore usually most dealt in, have mure
or loaa suffered. Scarcely any bosiriMt, however, o
is transacted in any of them, and the greatest rtfu- <
rion is evinced by the speculators in Spanish
Morning Chronicle.
Evening —Our commercial money .market pre- '
tents no new feature, and perhaps there has not
been so sitting a feeling of apprehension respecting
the failures at Liverpool to (lay, os yesterday, in 1
consequence of an impression that some of the firms i
would resume their payments, through the a-si.-t- i
ance of their private connections. Still many of the
letters from the principal manufacinring towns arc
of a very desponding nature. 3 hey complain of the
stare of credit, and the want of employment both
" for the manufacturers and laboring population.
There was no alteration in the quotations of the
fbreian exchanges to day, and very little business
has been done, iri consequence of the continuance
* «f ihe want of confidence. Very little has been
done in ihe Amer can Bonds, and tbe quotations
have not improved.' The British funds have been
heavy all day, and heavy they have closed. Con
sols left off at 9li money, and for the nejft account.
The Three-anda Half per Cent, reduced annui
ties are S7J a 9S. 3'benew Three;and a Half per_
Centg.sye.99i a .}. *.B&nlt Stock - is fJ9fi, and India
26 f T money. 3"lte premium upon Exchequer Bibs
is 31: and India Bonds, 37. . . ■
3 iiere has not been much business in tbe Foreign
marker, nnd.it has been very heavy ail ddy.
LIVERPOOL, May 24 {.ottoJi**-The> sales on
Thursdfl'y'last were 1000 bags: Friday 3u00; Sa'ur
day 500 i; 3lonuuy 4000: Tuesday csod; and to-day
2500. The demand on Thursday and Friday last
was moderate, baton Saturday and Monday a
chance for ihe better took place; the increased de
n\and caused an ad vane of ,d to id per It), and ai
iboug’' there hasbeena fairdemand yesterday and
advance lias partially disappeared, and
the nyii/ket closes heavily. The week’s import is
20,341 bags.
PORTUGAL.
letters and papers from Lisbon, oflhe 14th 3Tay,
state that on ihe lllhofthat month he Portuguese
ministry resigned. 3’he cause of this was tire ue
cision of the Cortes, after a debate of nearly three
days, not to allow to Ministers Under-Secretaries
of State. The .Ministers having been left in a min
ority of eight on this question, tendered their re
signation to the Queen, who then applied to 31. v
Dias de Oliveira, the President of t.i.e Cones, tor
form anew administration. 33ie President accept
ed ihe office, but he had not been able to finu col
leagues to join him in undertaking to conduct- the
government at the time tlie packet sailed on the -
14th of May. A later date from Lisbon mentions,
it as probable that the old ministry would continue
in office tor the present.
i. i -mas: ■
AUGUSTA, GA,
PkiilAY jUniMMG, JUNE 30 i-TL
£cs"'Onr Letter Sheet Price Current, containing
t fie Stock, Receipts, and Shipments of Cotton trom
Augusta, will be ready for delivery To-Morrow
Morning-. Only a sufficient, quantity to fill orders
left at the office, This Dan, will be worked off.
sKyTlaving published ibe address off Gov. Cass,
it is but simple justice that we should give tbe reply
of Gen. Clinch. 3'his rep'y will he found on the
first page of our semi-weekly paper, it will appear
in our next weekly paper. ♦
LjCtVe call attention to an article taken from the
Charleston Courier, under the signature of “ObA
. v
The legislature ol Alabama have elected
C.Tlay, at present Governor of the Slate, a Sena
tor iu the Congress oflhe United States, ace of j
John McKinley, appointed a justice oj the Supreme
Court of the United States. Tne President of the
Senate, Hugh McVay, becomes •Governor of the
State, until the meeting of the legislature in .No
vember. 3he election for Governor and members ,
Spf Congress takes place in August next. S
5Cr3 he northern wings are quarrelling among
themselves about a candidate for the presidency at
the election in IS O. 3he New York whig papers
are at issue respecting the expediency of taking up
nt once 3Jr. Webster as their Candida e. 3 hisgeiS
tleman appears to he ihe favorite, though Mr. Clay
and Gen. Harrison have their partisans, who urge
their claims with much earnestness and zeal. 3’his
poiilical movement on the part of the northern
w bugs, has brought out the editor of the “Jlerchant,”
who considers that movement as premature, and
informs his northern fr onds that to insure success
to the opposition candidate, the south must he in
duced to support him. How all these political
movements will erminate, cannot w'ell be anticipa
ted, because the opposition party is composed of so
many clashing interests, thai it i» utterly impossible
to predict w hen harmony will prevail among them,
and when negotiations may be terminated by a
treaty of mutual concessions and reciprocal guaran
tees .or the accomplishment of the great object they
ah have in view. Can ail those various and clash
ing interests be made to act harmoniously? The
enmity they all bear to the great republican parly,
and the d.stre they all ardently feel to put down
the present administration, may display the wonder
ful spectacle of the respective friends of Clay, Web
ster, and Calhoun, tlie leaders oi the lariff, internal
improvement, bank, and nullification parties of the
United States,acling together, voting together,and,
if successful, dividing the offices between them
selves. it would indeed he a vvondenul spectacle.
Can southern men be ever induced" to vote for ihe
champions of a protective tariff, a United States
Bank, and a system of internal improvements by
the federal government? tan northern .men he
induced to vote for the champion o. nullification,
against whom they supported the Proclamation
I and the Bloody bill? However wonderful such a
spectacle would be, yet it may so happen. Pnnci-
I pies, consistency, the best interests of the countiy ;
Pshaw ! What care they for principles, consisten
cy, and the best interests of the country, when, by
harmony and concert of action, offices, lucrative
jobs and employments, power and distinction in'
rank, may be obtained! What is conscience at d
poiilical principles, when the perspective is the
presidential office, and the enjoyment of the several
executive departments ! 3\ hat care hey lor the
best interests ol the country, if 31 r. Van Buren can
be defeated, and if 31 r. Forsyth, 3lr. Poinsett, and,
especially, Amos Kendall, can he made to walk out
of their respective departments!! What glorifica
tion and exultation would he exhibited on such an
occasion ! 3he triumph of the opposition would be
wonderful. What! Such a parly, composed of
such heterogeneous materials, triumph over the
republican party! Impossible. 3’he republican
party forms but one phalanx, acting and moving in
a mas ; it is governed by but tine impulse, and
guided by but one spirit; it lias in view the prospe
rity of the country, and the maintenance of onr
public institutions; it steadily marches onward un
der the banner oflhe constitution and of the.laws;
it takes under its fostering care, the interest of each
section of the union, and the benefits enjoyed by
each, are felt by all. Can any opposition parly
ever succeed against a party supported as it is by
the people? Another attempt to defeat the repub
lican paity, will be made, but in vain; the triumph
of this party will he as signal as it has ever been,
and utter dtscomfi.tire cannot fail to be the lot of
the opposition. '
4TH OF JULY.
We are gratified to find that the anniversary of
American Independence, will he celelnnted in se
veral counties of our State with much eclat and re
joicings. In Lumpkin County, there is to be a ball
on the eve of tlie day, and on the 4th a splendid
dinner is to be given by the citizens of Dahloncga,
to which Gen. Wool, and Gen. Smith, Cherokee
Agent, have been invited; they have accepted
the invitation. 3he L'ahlonega Recorder stales
that Col. Lindsay, who has been appointed to suc
ceed Gen. Wool, had arrived at Valley River, N.
ft., and would immediately enter upon the duties
assigned him.
TIIE THEATRE.
3lr. Hart, who has just returned to this city afier
a successful tour in the vve>t, opened onr Theatre
on Monday evening last, with a small, but at the
same time a pood company, and ha* endeavor
ed each evening during the week, to enliven
our citizens vv ith iheir porformance. We attendee
on Wednesday evening, and must arknovv e g<
ourself agteeab y disappointed wi.hlhe performan
ces of his company. 3irs. Hart, who has always
deservedly been a favorite with ihe Augusta au
dience, has improved much in her style of acting,
is aho in her singing. The pieces that have been
performed during the week have been judiciously
selected, and we understand have given general
satisfaction. 3 here is an improvement introduced
ny 3lr. Hart, for which we think he deserves much
. re( jit we allude to his band of music, which is
very good, and although at present deficient of one
or two of it* firstpertonners (who «r« daily expect*
ed to arrive. Tis the best w© have ever heard m the
Augusta
.: ; * < - ' ■
I: will be *een by the advertisement of the Bank
in thisdayg paper, that the > oard
declared a dividend'of one dollar per share djf tbe-
Capital Stock of this institution, winch Will be paid
to the stockholders or. their legal representatives
on and after the 6th July.
NEW- FLOUR.
We understand a wagon load of-Flour, madefrom
wheat, the growth of the present year,was receive ',
jn Hamburg, on the 2;th instanßby .Mr II L. Jeffers
from the mills of Mr. Joseph Griffin, in Abbeville
District, and that it met with a ready- sale in ibis
city, at 313 per bhi.
"VIRGINIA.
The Eank Relief BiH pat sod the Senate and was
returned to the Home of D< legates with amend
ments. The House amended the amendments of
the t' enate. The Senate rejected the amendment
of the House of Delegates lo theirs, adhering to
iheir own amendment. It is believed that the H.
of I), will recede from their amendment.
'I he Senate have passed the Execution, or Stay
Bill, without amendment; and it is now a law.
GOOD BUSINESS.
The Utica and Schenectady Rail Road Company
have jiifjt dejffiwrd a dividend of seven per cent, on
the capital stock expended. This profit arises from i
the transportation of passengers solely, she compa
ny being-precluded by their charter from carrying
any thing else. The road has on!}' been in opera
tion, we believe, about twelve months, mid is evi
dently managed with great efficiency and econo
*l \
A The Cherokee Mounted Volunteers, savs the'
' Tallahassee Watchman of the 17th instant, passed
thmugh tlns place la t week, on their way t>> We t
Floruit}., C-npf; Cliastian, of said battalion, with
. several of his command, was corape led by sickness
to stop for a few days in this city. VV e regret lo
state that two of his brave men fell victims to dis
ease, viz: Lieut. Vincent Bowman, and Sergeant
.Vilen Butts. The disease had made such progress,
tre I hey arrived at this p ace, as lo b ifHe the skill
of the phyl-iciaii. They were both burled with
military iiojmrs, and followed to the grave by a large
number pflour citizens. We are happy to learn
that ( apt. C. and the rest of his men w ho were sick,
have so fai4rec;)Veied as lo he able to resume their
march to West, to join their comrades.
Richard 3. V* bite, lately confined in ihe jail of
Washington City, L>. C. on a charge of bnrni g the
Treasury Office, and who has I ocn tried already
several tiirfes, without the jury ever being able to
render has been released. 'I he bail re
quired for fi?s appearance to take his trial hereafter,
was oncMonisand dollars, and his m oher in-law,
Mrs. IlarkjLof N. J., entered into a recogni.ion luj
amuufj Jr
s Good ' u’fVr is selling a' Buffalo at !4 and loots,
a pound, and much ofit has been sold at a shilling.
Good Hnvjat. 86 per ton.
(YT the disorder of our financial and com
mercial jamjars began to produce failures and ruin,
and exipiSfe embarrassments in all business trans
vfciions, t,p,e citizens looked o congress and ihe
sta'e legislatures for reliefin their misfortunes, and
for measures which might arrest the progress of the
desolation with w Inch they were visited. Congress
is to meet only in September, hut several legisla
tures have sit since the panic, and are sitting at, the
present time. What measures have those legisla
tures adopted for the relief of the community ?
None. W hat measures will the legislatures now
sittn g adopt ? None. The fact is, legislation can
not afford reßefto those who have been complete
ly ruined by speculation or commercial operations,
i Legislation cannot repair the losses which have
been sustained, by the depreciation in the value of
property, by an unexampled decline in the price of
the great staple of the sooth, and by the rapid and
material fall of stocks of ail description. Fur this
reason, we were impressed with the belief, that
any extra session of a y of the state legislatures,
would be productive of no benefit to the the t om
munity, especially when the regular session
not very remote. The legislature of .Mississippi lias
devised no measure of relief. The legislatures OB'
Alabama and Virginia are now in session. Will
they be able to afford relief? Certainly not.—
They may pass laws thorising for a limited lime
a suspension of specie payments, and exonerating
the banks from any penally incurred by such a
suspension of specie payments, after and not pre
vious to the passage of any relief law. Tin y can
and will adopt no other measure. Could any
state legislature authorise ihe borrowing of any
sum of money, to be afterwards loaned out to the
citizens? W e believe not. To whom could this
money he loaned out? Who would he able to
give tile requisite bond and security, for its safe re
turn to the treasury ? Those able to give bond
and security, would not be in want of the money,
they would borrow it on speculation, while the
needy, unable to give bo d and security, would
witness his own ruin, without possessing ihe means
of averting if, and without being able to avail him
self of the public money, to relieve himself from his
difficulties.
(Kali the plans suggested for a temporary relief
from the embarrassments p o luced by the derange
ment in commercial exchanges, the less exception
able is ihe issuing of treasury warrants on places,
where public funds have been deposited, and
where pub ic debtors are to make payments.—
Those treasury warrants can be given in payment
lo the public creditors ; by this means the warrants,
if they atg drawn in small sums, would soon circu
late ams flifcwi f ail the purposes of specie, because
they wbfilil be taken in payments of deb s due the
government. r i he warrants should, however, ne
ver exceed ‘ n amount the funds received by the
1 ollectors and receivers of public moneys. Besides
ihe issuing of treasury warrants for debts due by
the government, the third payment of the surplus
revenue could be made to the states in the same kind
of paper. Mhe slates would obtain a p.,r value, if
not a premium, for the war ranis, which would cir
culate, and afford a sale and convenient mode of
making remittances almost any where.
Since writing the above, the Charleston Patriot
came to hand, cun.aming the following article.
THE REMEDY.
“There have been so man, projects brought be
fore the public as remedies for our present distress
that the mind ol ihe community is rather bewilder
ed than enligh ened on the subject. Every tiling
within the whole range of legislation has been sng
gesled. Whit one act of projectors government is
expected to uo every thing —w ith another set it can
do nothing. W e are rather more inclined to side
with the latter than the former. W e conceive
that it is m the power of government to do at least
eery htile 'ihe people must in a great measure,
wotk out their own cure. I lie scheme of a Nation
al Bank, w h> liter it be a new institution or one en
grafted on the pre ent i’enusyivafa a Bank, whate
ver may be thought, in short, ol the efficacy ol
such an eslabiisiimen , lo jireserce specie payments
after their ii can uo nothing under pre
tent circumstance* to effect the t&ivroiion itsen.—
'i Ins attempt to institute a National Bank while ihe
balance <>J payments is against the i o:mlry, must ter
minate in an aggravation ol present evils. All the
efforts of Mr. jzallas to restore specie payments
when he so ably presided over the 'J reasuiy De
partment, were rendered unavai.ing by the single
circumstance, that the turetgn we.e a
gamst Ihe United stales, and w hen .Mr. Jones im
ported specie as the basis of its operation, it lelt the
conn ry early as rapidly as it was introduced, it
was nut until after a struggle of three years and be
ing ah that lime on the verge of bankruptcy, that it
was nine to piace itself in a condition oi safety, it
had by its forced importation ol silver during an
unfavorable exchange, and its large issues on a
a ,rrovv basts ol t lie precious metal, aggravated the
evils ii ait, mpted to cure. And when it did go in
•o sii-cesstm operation it was not before the foreign
exchanges were in that state ih.it allowed specie
lo lemuiu in ihts country. Ihe process was howe
ver a painful one. 'lliere was a gieat prostration
of’he credit oi local banks and the currency v\as
righted anil purified in ilus manner and 6 y this only
This process mu.-l be undergone again, f a Na
tional bank is at all established on sound principles
The foreign exchanges must be in that state which
will allow specie to remain in the United Stales.—
Any attempt to effect the object belbre the unfa
vorable exchange is redressed would be premature,
and in aggravation of present ifts, because it would
be in obvious counteraction of the laws of trade.
Painful as the truth is, a large number of the state
institutions must be destroyed belore the end can
be accomplished of a restoration of specie pay
ments. It is the only conceivable mode of purify
ing the currency... This was the process by which
the National.Bank'under Mr Chetfes’ administra
tion, not under that of Mr. Jones, worked to advan
tage. It was when the current of specie vyas set*. -
tingin,«nd mot When. going out,- that the
fcneWe;-neing with the laws of com
merce, became useful; but then the currency had
beeii
There'is one mode and only one mode, under ex
isting circumstances, by which the a'tempt to insti
tute a National Bank, has any prospect of success,
and that is by the aid o {foreign cap tal If a bank
wi.h a large capital should be established, and its
stock should be taken principally in Europe, it
would operate to a certain extent on the foreign ex
changes. r l hat portion of its capital which consis
ted of specie would of course then be introduced
from abroad by the action of ihe foreign exchang
es ; bat any attempt to establish a bank of any
kind, under present circumstance from dome tic re
sources, must, in the nature of things, prove a fai
lure.
The utmost that the government can do, is by an
issue of Treasury Notes to supply, so far as such
issue may be absolutely necessary for the govern
ment expenditure, the wants of the merchants for
the means oi domestic remittance. To tne extent,
and no more, of any deficiency in the revenue an
issue o: the Treasury Notes may take place, not
(>nly w ithout dc|>*esiation, but commanding a pre
mium in the mark*f. The discredit into which
this specie of Government emission fell durin. the
last war was owing to the discredit of the govern
m°ut itself, 'i he case is now quite different, it
the issue is Hmi ed in amount, and if it «veil were
ex ended, so as not to exceed what would be re
quired in payments to the government, this or any
mher kind of government paper could not, under
presen; circumstances, undeigo depreciation. Ihe
notion that such an issue would require a specie
basis, as we have hrard suggested, is erroneous,
provided u is limited in the manner u e have slated.
The convertibility ( I paper of any kind into specie,
I* not an absolute condition for the preservation o
i s value. It is the limitation of its amount, so that
no more can fill the channel of circulation th n
tfthe precious me n's were employed, which wou'd I
all the purposes of convertibility. But an
issue of Treasury Notes to this extent would form
a very inadequate amount for purposes of domestic
exchange. Vet the government might not be
warranted in going beyond ihe limi s of its actant
wants in the creation of government paper.
FOURTH 0F JUL V CELRBration”
The committee appointed to make arrangements
for the celebration of the approaching anniversary
of American Independence, have appointed Lt. Col
Samuel Bones. Marshal of the day.
A procession will be formed at 10 o'clock, A. M ,
in front of the United States Hotel, and proceed to
the I’reshyteri n (hutch, under command of the
Marshal of the day, when, after divine service,
the Declaration of independence will be read by
Robert Clark, Esq ,and an Oration delivered by
Dr. Paul F. Eve.
Order of procession will be as follows:
1. Volunteer Corps,
2. General Officers and Staff
3. (officers of the 10th Regiment.
4. Officers of the Army.
f 5. Orator and Reader.
6. Rev. ( lergy.
7. Magistrates of the City and Count}'.
8. Medical Faculty.
9. Revolutionary Soldiers.
10. Citizens.
The pews on the right and left of the centre aisle,
near the pulpit, w ill be reserved for the military.
The authorities of th<* City and County, Rev,
Clergy, Medic.d Faculty, and Citizens generally,
are respectfully invited to join the procession.
C. F. HOFFMAN, 'I
B. H. WARREN,
A. J. MILLER, O
ROUT. S. DILL, I
B. H. KJUTLAND, >. 3
G. F. PARISH, | S'
C. B. MARTIN, S
JI. BLEW, j ‘
J. N. RAIFORD, J
sr" r-1 ■ ■ t-v." 1 : v* veaae*E asaon
00“ The following resolution which was passed
at a meeting of the Board of Health, on the 22d
ins’., is published by orderof the Board, for the be
nefit of all concerned.
Re-olve I. That notice he given in the city papers
that the Health Committees will visit and inspect
the condition «f the lots in their respective wards,
on and after the Ist of July next.
June 23 2
The city papers will publish the above until the
IstJuly. _
-J- ■ - Ol
S MARRIED, at the Sand Hills,on Tuesday ntort\
/ ing by the Rev. Whtteford Smith, Mr VVILLIAJP
E. HEARING, of Athens, Geo., to Miss CARO
v, LINE E., daughter of Pleasant Stovall, Esq., ol
’Stills city. >
OBlTUAßY. —Departed this life on Tuesday
Evening, tho 20th inst. about U o’clock, A. M., as
ter four weeks illness, Mrs. RACHAEL McCOV,
the wife of David McCoy, of Warren County, in
the 5 itn year of her age. Mrs Me< ’oy was highly
esteemed by all who knew her, and was a pattern
of maternal and conjugal affection ; she w as an tip
right, honest, and pious woman—warmly attached
lo ti e principles of religion, and had a lively and
strong faith ami belief in the mercies of her Savi
our. As a wife, she was dutiful and loving; a:
a ©mother, kind and affectionate- as a mistress,
indulgent and humane. She has left an affection
ate husband, and seven dutiful children, to mourn
and lament their severe, untimely and irreparable
loss; but their loss is her gam. “ Blessed are the}
who die in the Lord, for they rest from their la
bours, and their good works do follow'litem.”
fra-touwiyMßa—ar
South Carolina Kail Road.
Sts" Consignees per Rail Road, June 27.—R Bar
ber, VV T Gould, F II Cooke, V 7 Ripley, Sol Knee
land & Co. Haviland, Risley & Co. H L Jeffers &
Co. Cl Parrott, J F Benson.
JUNE 27. E Bustin, C A Greiner, Haviland,
Risley A Co. Stovall, Simmons & Co. N. Sm.th A
C". J F Benson, II L Jeffers & Co. G. Parrott.
C O 31 31 M ltd A 1j .
LATEST DATES FROM LIVERPOOL,::::::: MAY 24
LATEST DATES FROM ItA VltE,:::;:::;::;::::::::::JlAY 17
Augusta and ilaniVtrg .Market, June 30.
COTTON.—BeIow will he found a statement of
the sales of Cotton in this market from the Ist lothe
29th June, inclusive; we h ive arranged the sales o
the different weeks, in order that those at a dis
tance can better judge of the stutq of our market.
It uill he seen that our market during the past
month lias been steady, and as the demand lias
been for only good to prime Cottons, there lias not
been much d (Terence in prices. There lias horn
a number of orders, large and small, in this market,
hut being limited to the finer descriptions, accounts
in a great measure for the meagre business trans
acted, as prime Cottons are scarce, and planters,
generally, do not seem much disposed to sell that
description a! I he present rates—while of the quali
ties ranging from inferior to fair.thereis an abundant
supply on hand and offering, but for fins descrip
tion iheie is no demand whatever, and holders find
it difficult to effect salt sat almost any price. The
sales from warehouses as far as they have come lo
our knowledge, were as follow, viz: from the Ist
to the 7ih, 999 bales, 15 at C, 9 at 71, 250 at 8, 21 at
71, G7 at 81, 39 at 81, 562 at 9, and 33 at 9f; from
the 7th to the Mill, 553 bales, 4 at 7, 64 at 71, 9 at
7 J, 87 at 8, 5 at Bf, 8 at 81, 172 at Bi, 8 at Bb, 170 at
9, 42 at 9i, and 16 at 91; from the 14th to the 21st,
1201 bales, 7 at 7, 16 at 7i, 15 at 7i, 68 at 8, 59 at
Bj, 125 at Bf, 194 at 84, 10 at 61, 435 at 9, 29 at 9f,
and 125at’. i; ftom the 21st to the 29th, inclusive,
999 bales, 17 at 7, 12 at 74, 22 at 7 i, 28 at 8, 15 at
Bi. 4U at 84, 184 at 84, 29 at Bi, 201 at 84, 317 at 9,
90 at ti, 7 at 9f, and 37 at 9, <-enm —in all 3752
bales. From wa ons, and by store-keepers, about
the same amount has been disposed of, at prices
ranging as above. We quote good to prime, 7 a 9i,
cents —inferior, unsaleable.
GROCERIES.—The business transacted in our
grocery market lias been so limited they are scarce
ly worth noticing, the whole trade during the month
being confined principal:}' to the city, and to fill
small orders from the country. Good Cuba green
Coffee has been sold at 11 cents by the 10 and 20
bags; Baltimore VV hiskey, in bhls. ot 45 and 48
cents per gallon, and New Orleans rectified Whis
key at 52 cents. Good Cana! Flouris getting scarce
and sells readily at 815 the bbl. at retail. Other
art.cles remain without change, and our quotations
must be considered nominal.
EXCHANGE.—On the North is getting more
plenty, now that Colton begins to move. The
Branch Eank of Darien, and the Branch of the State
Bank, are drawing on New York at 5 per cent, pre
mium, for current money; the Bank of Augusta at
4 per cent prem., for Central Bank notes, and the
3lechanics’ Bank, on Providence, at 5 per cent,
premium, current money, and on Savannah at i.
FREIGHTS.?—There is a little more oflerirlg. and
the same old rates are ashed, viz: to SovorinaVSO
etfnts per bale for Cotton; to Charleston, by Rat
Road, 4 cent per !>.—no boaU up. River in good
..steam boat condition.
CHARLESTON, June 29.— Cotton. —We have
no alteration to notice incur Upland Cotton marker
since our last, and tie rates then quoted have been
obtained lor the same descriptions of cotton.
Hice —Continues in good demand,and last neck s
rates have been fully maintained. It is the pre
vailing opi .ion that a prime article would bring Sol.
—Courier.
NEW YORK, June 24.— Cofee. —The sales in
clude only 300 bags pood green Cuba, at 91 cents,
cash 2 a 303
and 140 Manilla, 124 cents, on the usual credit, by
auction, 500 hags Brazil, 8| a 8f cts. cash.
Cotton The sales comprise 300 bales at a• *?
600 Florida, St a 11: and POO Upland, 84 a 11 cents,
including a lot of 50 bales fine Upland at something
over our quotations; the sales lor the week form a
total of about ISOOHiales.
Flour. Prices of Western continue to improve,
in consequence of the trifling nature of the receipts,
and . f Southern, the slock remains so light, as
scarcely to admit of any operations worth stating,
Richmond Mills, Galiego. is entirely out of market,
as is also the case with several other kinds of south
ern sales of common brands We stern ( anal at 6l_o
59; Fancy, $lO 75, Troy, inspected 89 75 a 10 35;
New Vork City, inspected, c>lo a 10 25; Richmond
t'iiy Mills, Rutherford, $lO, and Georgetown, 810 50.
Molasses.— The receipts continue moderate, and
prices are fully maintained, though the demand is
confined to small parcels as at present required by
the trade. By auction, 39 hhds. and 3 tierces good
Bono Rico. 3(ii a 32 cents, 60 and 90 days.
Sal/. —The sales include 1000 sacks Liverpool,
not Ashton’s, at 6150, 3 mos.; and an invoice of
3000 do. on terras not made public. The market is
acquiring greater firmness, as i he stock continues to
diminish.
Sugars. —The sales embrace 50 hhds. common
New Orleans nt 54; 15 do. fair, 6; 50do. t'uba Mus
-1 covado, 7; 40 ilo. Porto Rico, 65 a 7 ; do. 7j a
75-; 30 do. very prime 8; 483 boxes Brown Trinidad,
65 short price, cadi; 95 boxes White do. 67 81, short
price, cash; 100 do. 8, time; and 45 barrels good St.
Jago, clayed, 74 cents, cash- By auction 400 loaves
refined 124 a 12a cents, cash.
Exchange. —The transactions in Bills of Exchange
on Europe were very limited, and at higher rates,
in consequence of the continued advance in prices
of Specie. The sates on England were at 2d a22
per cent, for the primes! paper; France 380 f. a 4 85f.
Gotland, 43 a 4 1; JlnmbuVg, 371 a 38, and Bremen,
33 aBS cents. All the transactions were for cash.
A considerable quantity of were sold
for remittance to England at 65 4;>as 4i4 each.
The enlire amount of specie to proceed to Europe
by the packets of to-day, is believed to be less than
6109,000. —Pace Current.
PHILADELPHIA, June 25. —American Cotton
Goals —No change in the market.
C-fce. —Holders have a IvaneeJ their prices to
wards- the close of the week 4 to 4 a cent, per lb.
The sales embrace about 1000 hags Laguyra and
Kio, the former at 94 to Jor; the latter 104 a 104,
cash and on tune. Small sales of Havana fair, at
94; St. Jago 104 and St Domingo, at 94 cents, cash
to 4 mos. Upwards of 1000 bags have been shipped
10 Europe, partly as remittances.
Cotton. —Market still very quiet and the sales
limited at last week’s prices.
Flour. —Early in the week there was quite a stir
in the market lor Western Fiour, and nearly all on
sale was bought up at 63 73 to 9; sales to some ex
tent of Penn.""from domestic Wheat, at 69; occa
sionally 69,25 a 9,374 for fancy brands ; made from
foreign Wheat, 63,50 to 9. Richmond County, 68,-25
a 8,50 per bbl. '1 he sales show an advance of 30 to
50 ets. per bbl. and stock is now very light.
Molasses. —Sales only in a retail way, and but lit
tle in first hands.
Sugars. —Prices are fairly sustained, and box
have advanced a shade. Sales of full 250 hhds.
Porto Rico and New Orleans, Porto Rico, at 74 to 8;
common Orleans, about 54 cents, 4 mos. A lot of
white Trinidad, 10-J;SO ho7.es brown Havana, price
unknown; 2uohbls, and lj)0 bigs while and brown
Pe rnambuco, the former, at 94 a 9s, the latter about
6 etc. By pubhe Sute. 39 hhds. Louisiana, at 66 to
to 6,6 > oer-wQ Ills. 90 days.
ExcSangfjf— Limited sales of Bills on England, at
13 to 21 pfefjent premium. In other foreign Bills,
no sales.-; Sjmericfot Half Dollars command 11,
and SpamVw 114 per cent, premium.
k 5 yJIUCTgH«UU*TT"UhKI
MAIS IN E INT E L 1,1(4 ENV E.
SAVAVNAHv June 27?—CTd, brig Waltham,
Barton. Havre; br.’g Madison, Livermore, N. Vork.
A.-r Sw. schr Venezia, Mohnbiirg, Havana; Sp.
scltr fn.iio, Augustin, Havana; sloop George Wash
ington, 6miih, Dariei.’: steamer Chatham, Wray,
Augusta; steamer James Adams, King, t liarleston;
steamer Florida, Hebhafd, Black Creek; steamer
John Randolph, Lyons, Atgusla.
Went'to sea, vWfCnrtum', N. Vork; brgWahon,
V Havre; brig Mary Kimball, Charleston; brig Frau
eps, Philadelphia, brig Augusta, N. \ ork, brig \ eo-
Vnan, Charleston; Br, schr Pamotta, Nassau; Br.
t schr Eli/.a. do.
CHARLESTON, June 27. Are schr Medium,
-Megee, Si. Augustine; schr George*. Alary, Marsh,
Jacksonville
Went to sea, ship North Star, Benedict, Liver
pool; line barque Chief, Eldridge, Boston; sloop
Merchant, .Mason, Darien; steam packet Boston,
Ivy, Wilmington, N. C.
.111 N E 28.—Cl’d, ship Jupiter, Carter, Havre,
Went to sea, barque Potomac, Baxter, Cowes and
a rnarkat; brig Hunter, Bonny, Boston and Port
land; schr La Granga, Allen, Alexandria.
JUNE 29.—Arr steam packets Charleston, Mierc
ken. Philadelphia; James Adams, King, Savannah.
Went to sea. ship Jupiter, Carter, Havre; brig
Magnolia, Meldrnm, Point Poire, Guad.; schooner
Queen,Crowell, Alexandria, D.C.
NOTICE. —On Tuesday, the 4ih oi July,
lliere will be a DINNER prepared and served at 3
o’clock, at Hellair ten m.les from Augusta, on the
Georgia Rail Road, to .which place the cars will ap
proach vviihin a very short distance. Persons wish
ing to partake of the same will find the accommoda
tions good.
June 30 4
SO"vVe are authorized to announce FREEMAN
W. LACEY, as a candidate for the office of Sheriff
of Richmond County at the approaching election.
June 2 213
~HCrCAMP MEETING— Col. WM. DOVLE
respectfully informs those who may feel disposed
to attend the Richmond (‘amp Meeting, that he
has enlarged and improved ids PENT, and will be
fully prepared to accommodate visitors in the host
manner. 216 td June 13
SCr" C. BALM.EIi , Professor of Music from
Germany, having concluded to reside in Augusta,
respectfully tenders Ids services to families, ns
teacher of the Piano Porte, Guitar, and Violin.
Punctual attendance in all cases may be relied on,
Pianos tuned on reasonable terms.
Reference, Mr. 11. Parsons 295 Broad street.
May 2 204
22/t NOTICE. —I. LAB/vTUT, having estab
lished Ids permanent residence in this city, has ihe
honor to inform the inhabitants, that at the request
of several respectable persons, lie intends to devote
a part of his time to the practice of bis funner pro
fession, as ateaeherof DRAWING AND PAINT
ING. A successful experience of his capacity at
Charleston, during 25 years, needs no comment.
In order to devote all his attention to the in
struction of his pupils. a limited number, not ex
ceeding twelve of both sexes, will be required.—
The school to he opened in a vny suitable and
spacious Room, as soon as a subscription w ith six
names will be furnished.
Hours of tuition, from twelve to two o’clock,
three times a week. Terms of tuition, 612 per
quarter, in advance. References, to Mr. Delaigle.
and Mr. Bignon.
Likenesses taken, warranted very striking.—
Specimens of his work may lie seen at his house, on
Broad srteet, near Mr. Bignon’s.
June 16 217
S 3” NOTICE. —The undersigned will purchase
nncnrrent money and may always be found at the
Georgia State Lottery office, N0.22(J Broad street.
June 2 213 A. READ.
¥T REMOVAL.—V. & 11. CLARK, dealers in
WATCHES and JEWELRVhave removed to the
torner Broad and Mclntosh sts., known as the Post
Office corner. 211 May 26
NOTICE. —incompliance with a Resolution
of the City Council of Augusta, of tiie 3d June, 1837,
executions will issue against all persons who are
yet in arrears for Cny Taxes, and who shall fail to
call on the undersigned and pay them on or before
the 20th inst. JOHN JI. MANN,
June 6 td 214 Col. &; Treas. City Augusta.
AGENCY. —During my absence front the
city, now or hereafter, my brother WM. F. PEM
BERTON, will attend to any business in which 1
am interested. A. 11. PEMBERTON.
June 13 w 3 216 I
GEORGIA, In Warren Superior Court.
Nancy Reese, j
vs. | Libel for Divorce.
Jasper Reese. )
IT appearing to the Court, from the Sheria s re
turn, that the defendant in the above suit, is not
to he found within this county. On motion it is
ordered, that service of the libel in the above cause
be perfected by publication of tms order tn the
Georgia Constitutionalist, for three months, and
that said defendant do appear at the next Terra of
this Court, and folly answer the allegations of the
extract from the minutes of the Superior
Court. Warren county, Ga- April Term, 183,.
.April 11 183 JOHN MOORE, Clerk.
Office’Adgusta * Banking Cem’y, )
. , - June 29,1337. $ •
Bank will be closed on Tuesday next, 4th °
1 i of July: Persons having paper falling due
1 on that day, are requested to attend to the same on
the day previous. R WALTON, Cashier.
June 30 2 4
$3” The other city papers will copy the above 4,
t until tiie fourth.
i Mechanics’ Bank, J ' §<
Augusta. June 29.1837. \
THIS Bank will remain closed on Tuesday tho |;
4th of July, and the offering day changed to P
Monday. Persons having business with the Bank f
on Tuesday are requested to attend to if on Mon
day. GEO. W. LAMAR, Cashier. (
June 30 I
Bank of Augusta, )
June 29th v 1837. j •
THIS Bank will be closed on Tuesday,the tihof
July. Persons having paper payable on that
Cay, are requested to attend to it on Monday, which
will’ be discount day. Offerings to hejinade oh
Saturday. ROBERT F. POEpCashier. ~
June 30 14
Bank of Ilantb-irg, S. C. 1
June 28, 1837. { j
THE board have this declared a dividend of one
Dollar on eaelt share of the capital stock,
which will be paid to the stockholders or their •'
legal representatives, on or after the 6th Jit'y,
H. HUTCHISON, Cashier.
June 30 3 4 j
~Office Mi. la. C. A r R R Com, any, I
CHARLESTON, June 26, 1837 *
THE Femi-Annual .Meeting of the Stockhol
ders of this Company will take place in pur
suance of the Bye Laws, on Monday, 10. h July, at
the office of he Company, in State-atreet, at 11
o’clock, A. M.
W. 11. INGLESB V, A ssismnt Sec’ry.
June 30 4
Office So. Ca. C. & K. 14. Company, (
• CHARLESTON, June 26, U 37. $
IjJTOLDERS of the additional Stock of this Cura
ja. pany, are hereby notified that by paying iheir
instalment in full, on or before the Ist of July next,
they will be entitled to such Dividend as may he ue
claredin January next, on the original shares.
HENRV RAVENEL, Sec'ry and Treasurer.
June 30 1 . v -..
Oifice Augusta lus.aiul iJtiukmgC«t»i;Fy. (
April 20t,1i *s3&. j
FijpriE Board of Directors of this Bank have do
il terminedto allow four per cent interest on
Deposits on all sums of money not less titan five
hundred dollars —which may remain for a longer
period than thirty days. Notice will be required at
the time the deposit, is made should the depositor
wish to avail himself of tiiis arrangement.
In reference to the Insurance department, the
business will be conducted as heretofore, the rates
of Premium will be fixed in accordance with a lib
eral view of the liazzard proposed, and the principle
adopted by the Board of Directors from the com
mencement of the Institution, “to do business on as
good terms as other good offices.” The agents of
the company are fully authorized to pay till Hisses
proiii] llj where the risk is taken, when there is nnoh
eetionlo the natuac of the claim—and every ellort
will be made, consistent witn equity and justice, to
reinstate the insured, whether at home or abtoad. /
By order ot tiie Board
ROBERT WALTON, Sec’y & Cashier.
April 22 IGO
Hamburg Depot, /
April 18, 1837. )
is given, that payment of freight for
i.NI Merchandize by the Rail Road will be requi
red at the Depository on delivery of the Goods.
All Goods not taken from the Depot, within
twenty four hours after notice of arrival and delive
ry is given, will he sent to a public store, at the own
er or consignees expencus. ■>.
Anril 19' lot A. R. HAIG, Agent.
University of Georgia, )
Athens, March 23, 1337. $
A T the Commencement, the Ist week in August
Jrfi. next, the Trustees of this Institution will elect
a Professor of Moral Philosophy and itclles Lettres,
to fill the vacancy occasioned by the death of Prof.
Pressley—salary 61600 per annum. Applicants
may address the President or Secretary of the
University. ASBL’RV HULL, Secretary.
March 30 lamG 179
' ~ NEW SvTIOi»L“
ON the 10th of October next, MR. and MRS.
EGERTON will open a SCHOOL nt the cor
ner of Reynold and Mclntosh'sireets.in this city for
the instruction of Voting Ladies. They will be pro
vided with able assistants, and make all possible
arrangements to fiirnUh their pupils with theNid van
tage of a thorough and accomplish ?d education.
There will he but one term, consisting of eight
months, from 1 lie lOih October to the 10th June.
Reference —Rev. 6. S. Davis, Rev. E. E. Ford,
Rev. 8 S. Tulinage, Rev W. Smith, Messrs. Robt.
Campbell, John Bones, John Moore, William U .
Holt, Chits. J. Jet kins. Win. E. Jones, and J. W.
Davis, Esqs. 3 29 June 27
FEMALE - EDUCATION:
Exercises to commence on Monthly the ‘Ail of July.
MRS. BOWEN'S Female Academy will be re
moved during the summer months, to the
Richmond Bath. 4he well known healthiness of
this place, and its agreeable society will, it is pre
sumed, he duly appreciated by the patrons of this ,
Institution. Mrs. IPs. residence at Bath will agree
ably accommodate any number ol pupils who may
apply for board.
In addition to tiie fundamental branches, which
will receive peculiar attention, the course of study
includes the following branches; Geography, As
tronomy, Algebra, Euclid’s E'cments, Botany, Na
tural, .Moral and Intellectual Philosophy, Rhetoric,
Criticism, and the Latin Language. The French
and Italian languages arc taught i>y Mrs. B.
An experienced professor of Music is engaged,
who will give lessons on the Guitar, Harp and Piano.
June 20 3 1
~~ WARREN TO S ACADEMY.
THE Trustees of Warrenton Academy, deter
mined to raise their Institution to a standing
that shall warrant a course of Education, liberal and
extensive, have placed at its head .Mr. A. BAKER,
of South Carolina, who, for acquirements and expe
rience, ranks among the first Classical Teachers in
the country. Although they believe Mr. Bake ris
well known to the community, they think it may
not be improper to state, that he is recommended in
the highest terms by the Hon. John C. Calhoun,
Patrick Noble, Francis W. Pickens, the old Faculty
of the biouilt Carolina College, and formerly, by
Fisher Arnes and Dr. David Ramsay.
The course of Education will be fundamentally
and rigidly correct, and liberally and extensively
produced.
’i’lie government of the School will he energetic,
but administered with caution and kindness, and
should any student become so retnis- or in any way
so incorrect, as not to be reformed by an appeal to
his good sense and honorable feelings, be will be
dismissed, if he shall have attained to the age of 14
years, other but parental means will b« used, in
similar eases, where the subject shall be under this
age. The Trustees deem it. unnecessary to men
tion the different branches to he taught, but they
assure the community, that a course will lie pursued
which will prepare, in a much shorter period than,
usual, students for the Counting-House, for < ollege,
or for the study of a profession. Females will also
be received and may obtain a useful and liberal
Education.
Board can be had in respectable private families
at ten dollars per month,
HENRV LOCKHART,
JOHN If. ROBERTS, | ?
WM. CASTLEBERRY, 4 % •
JOHN MOORE, % T
STERLING JONES. J »
By order of the Board.
G. O’NE ( L. Sec’ry. & Treas’r.
Warrenton, January 30th, 1837. [Feb 3-131
friends and the public, that be has returned
to the citv, and can hereafter be found at bis resi
dence opposite tbe Masonic Hall, where he will bo
happy to attend the calls of his friends and all those
may need his Professional services.
E. OSBORNE, Surgeon Dentist.
June 9 ’’
Dr. BENJ. DOUGLASS, Surgeon u a.bsi.
H IIS returned to the City and resumed the du
ties ofhis profession, at Ins residence corner
of Broad and Jackson streets, over the store of
Messrs. Clarke, McTier & Co.
Sept 20 2 '
J. A. CLEVELAND, Dentist. ’
RESIDENCE, one door above J. <fc S. Bones
Hardware Store, Broad-street.
Has on hand for sale, some of Doctors Ambler &
Kingsbury’s Siliceous Metallic Teeth.
Feb 14 • 141
I'ost ouice Department, ?
13ih May. 1837. ' \
I £8 IR —Yon will, until further orders, retain tho
proceeds of your office in your hands in tpe
cie, to meet the Drafts of this Department.
I am respectfully vour oh’t serv’t. <
AMOS KENDALL.
E. B. Glascock, Esq., Postmaster at Augusta.
Post Office Ausosta, ?
May 20th, 1837. $
IN order to comply with the above requisition of
the Postmaster General, specie will be required
hereafter for all postage due at this office.
May 20 210 E. B. GLASCOCK, P. M.
AWKINSVILLE MONL.J TAKE N AT
PAR, for Goods, by the undersigded. No.
197 Broad-st. £ P- COOKE.
May 2 204 #