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KV I». t. CIIEP. AUGUMTA, GA. TIEBDAV JIOKXi.'VG, OCTOEER ?\ IS4O. ;01.. XVIII.-AEW SERIES, IV©. 66.
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THE CO VSTi rt TIOVA GIST.
“►PICE IN MACtNTOsH-STRF.ET, THIRD DOOR FROM
THE N. W. COR’ F.R OF HROAD-STREET.
6 il«« of I.A VI) l»y Vlrnuihtritur*. Executors, or Guard
•ians, arr: require I, by Div, to !>e bold on the first Tues
day in the (n inth, between the hour*of ten in the fore
noon un i liir-r, in the afternoon, ai the Court-House in
w ueh tiie properly is situate. Xotice of these sales
must !>'• given in i public Gazette sixrv days previous
to the day of sale.
Sale., of NTGttOES must b~ at public auction, on the
Sr-t file-.lav of t'i■ ■ ’bloath, between the u-n i( hours ol
sale, at t ie place of public sales in the county where
i r- b Hers test i.neul.iry, or administration, or srttardiaii
ship. in tv have be-'n grunted, first giving sixty days’
notice thereof, in one of the public Gazette- of this
Sit ate, an I us t le door ol the Court-House where such
sales are to be held.
('•'■lice tor I ie sale ol Personal Property must be (jiven in
like m inner, forty Days previous to day of sale.
Norn- -to the !»>1 tors and Creditors of an Estate, must he
j»uMis!ied for forty days,
iVotn - • th it app'ie ititiu will h" mad l * to the Court ofOrdi
n try for leave to sell I. A Vi), must be published for four
Months.
None- for leave to sell NEGROES, must be published
y >ur Mon ms before tiny order absolute can be giv ui by
lb" Court.
.’SomJiiy Aioriitn", Oct. T^li),
o 1 In another column of this paper, »■« publish
an article from the New \ ork Sunday' Morning
-News, to which we.call the attention of our renders
o( all parties. The whirrs especially may profitbv
rending the remarks, as they eimmnte from one of
their friends. 'I he New A ork Sunday' (Morning
News is u w hig paper; and it is a pleasure to us to
find tlint nil northern whig* an not abolitionists.
&y~ As our getierul elections are held this do*',
we believe that the following ix’ract, from the re
p'*rt of ihe com iditee appointed by the charlottes,
xilie, \a. ( onveinioii, to take into eonsidernliotr
, the propriety of county organiz itton, will not he-in-
I appropriate. In the hustle and preparations twej
f fl'-tit IO the day, very few may read the excellent
, r '-marks we give below; hut if they cannot be duly
■ appreciated at his election, we hope they may have
■ their influence in November next.
I “Ihe Committee, to whom was entrusted the
I tint" of preparing ap l in Tor a general county organ
ic iz tion. nrc In'lv aware of the deep importance of
i be snippet which has been comrni'ted to their
consideration. ’Micy" havo hesto w eii upon it
I ;i!l ti'p i ire and deliherniion which the limited,
time hi: h. itevti aljoited to iln ni would permit,
them to ■a t; They fee 1 that the exercise of the
c'ective Irine uise is one •»( die highest attributes
of a sovereign people, and that its jm ity should be
i-.'t guard'd wuu all die slee.dess vigilance of men
! who know ilkh: rights, and knowing, dare main*
} tain them. I h<- right of suffrage is a right in
i-Muiiatuide to freemen, li has been guarantied to
fvery citizen in ihe State, who lias, in the language
of the IMI of Right-. “Kiidleient evidence of perma
|r netit common interest with and ivtachment to she
■ eoimmmit> . li is a right which, when properly
protected ami guarded, comprehends within itself
tiie power to pTserve and maintain every oth
r. other right—lt is die foundation «tone of the l{e-
L piihlicnn edifice—lt is the foiunain from wiiich fi >w
P 'he great li easing of a free country. Shake that
■ corner stone, and tin* wdude budding may crumble
I iu ruin iijron our heads! Corrupt that fountain, and
■ you poison liberty at its very' source. It is that
■ formidable power, which eff >rds security against
■ tyranny and oppression; which enables the people
V to hurl from an undeserved eminence, all nti/aiili-
V *d servants, who abuse their confidence, and per
r t the authority with whicli they are invested, to
| uoie some unworthv oi>j <u. nr to advance an |
f Moly ambition. It presents the opportunity and i
ie occasion to discountenance pr< If ga'e polri- i
f eians, and to reject those officers whose principles
I arc in conflict with the wishes and the imprests of \
I n iiiuj irity of the people; whilst it enables a liber
al, a ij'roe, and enlightened people to sustain, encmi- j
• vT* nnd cheeron those faithful servants who de- j
m* • e th'dr talents, tlmir time, .heir lives, to the ser- |
H ' iff , 0 f (he country L bestows.those reward* and
I whicii while they dialing ish and elevate
■I ie individual, endow him with the power of pro-
K '-oiius the interests and glory of the nation What
■ r/'Jty, then, is more sacred in ihe eyes of every pa
ly Y .J, of every party, who has the welfare of his
I s " r a gitry at heart, than to protect this right in all its
*l' v audio guard its exercise with the most
pnloits ci •cumspeciioti? It is their dmv to see
:\ every citizen, who is authorised by the Con
. limtion and the laws to exercise it Shall not he
denied the privilege and hat those to whom it has
been denied should not have it illegall y- , xtended
them. If tins pure fouuiain, indeed, be polluted,
Pf Me may tremble fur the Konuhlic. (-orrrtiption will
B indeed seize upon tiie vitals of our system: hnt if
■ honest, upright, conscientious discharge of our
3 duties as citizens be continually practised, our to»-
B vernment, w ill cotilmne In althy, vigorous, and en
■ lightened It will remain a model for the imitation
of the world, and one of the noblest monuments to
future ages of the wisdom of the present —a motm
incut more worthy of reverence than the soli I I’y-
B jramtds of Egypt, or the crumbling Coliseum of
Umne.”
■ CCj* Justice to all parties, induces us to copy the
■ 'following communication which appeared in the
■ Columbus Herald and Sentinel.
■ To the Editor of the Columbus Enquirer.
Gknti.kmen —i n gratify the malignity of one
individual and the curiosity of others, yon are hrre-
famished with a statement relative to the
! I i sf/ rit Insurance Sf Trust Compttuy of the city
"f l'o/u<»/‘u s.
At Ahe Season of the Legislature of ]B3(>—a hill
passed to incorporate this Cuoiji.uiv y\jih some
first. Tin- hill relative to this company was
hv Mr. J/tnirs S. ('nthoun. Col. John U •
W Gnitiphe/l, to whom, with some others, (whose
B rmaes will he seen in the Act,) the charter was gran
t'd. Jn the vear 1838, the charter xvns sold by .Mr.
H Ca/iioun to Major Murk A. Cooper, for the benefit
■ ‘f r *) u > prescHt Stockholders, and a premium ol forty -
■ tlirae thousand,eight hundred dollars paid for it.—
K 'Hie present, Stockholders, xvith tlicir political char-
H acter, as fin" as known, arc us follows.
9 Van Buren. Harrison.
■ Samuel A. Bailey. Amlrrwv Battle,
Ek "kainuel Bov kin, " . K- Cnnninham,
■L T am es Bovkin, R* Flewellen,
Kjoel Brnnliam. A. 11. Fltwvdlen,
.. D. Buckner, - 01 » ! "iitame
' n H Bass, Johnntlian A. i unison,
. k a. Cooper, Nathan McGehee,
Mioiins Cooper, m ’ % McCehe®,
■ Harvey, Cyrus Robinson
Hurt, Sen. £a.n 1 Rntacrford.
Hargroves. R- ‘ l >
■R-. R. Jones, yj m * ker ’
E. Jones, J • ‘\ l i- Ker '
H. Shorter, W m. L. Wynn.
Ai.
r>'CFRT\IN.
989. |) Miller. Joseph ;.. Coopct and IL nry Hurt.
r pi,ere arc besides toes ’ fiiroc L.adiss xviio hold
99H •' ■ one faniiL. ! 'V mi Ex 'tMitor. an I otic orphan
■ • Guardian; but as the information wuonl v
9HHt’ed for political C ipitai.t icirnu.
An examination of the charter will show
H 989 Company is a>’ a-.tho:a:ec
Bank notes, ami will uLo show better than any indi
vidual, the corporalcd franchise which were granted
to Me ssrs. Callioun, Campbell and t icir associates.
FAIR PLAV.
1 do hereby certify that the above of Stock
holders is correct, except the Stock held by an or
phan, one family, and three Ladies.
J iS. KELLOGG, Book neeper.
28th September, 1840.
“THE ANNALS OF UL ODLIBET.”
The above is the title of a hook, recently received,
and for sale nt the hook store of Mr. R'churds. We
hyv ‘ not had time in look into this work; but a* our
readers would like to know what it is, we copy the
following notice ofit from the Charleston Mercury:
“The Annals ofQnodlih. t, a whig satire, which
we, good democrats, would not praise if it deserved
it. J t does well enough, however, for the xvliig ticws
napers, where we sec copious extracts, and is nearly
or quite as interesting as the proceedings of their
Tippecanoe. Clubs. We hope the Spartan hand in
this city will patronize it, as it is very nearly got up,
and only in one volume, which is a phenomenon.”
i KJAVe copy the following paragraph from the
New York Evening Post.
“The ship England, lying in our port, had a flag
flying thi~ morning from her mast witli the inscrip
tion “Eiuland expects every man to do Ins duty,”
alluding to the meeting of the whig merchants'at
\ the Exchange. The indecency of this boast of the
connection between the xvliig politicians and their
sympathi s in England, was so gross, that a consid
erable excitement took place on the wharves, and
the flag was taken down.”
f ?’The following table, which we believe very
accurate, will he acceptable at this time. We copy'
it from t!i 1 Boston Daily Advertiser.
ELECTION OF STATE OFFICERS.
Oct. ntli—Arkansas, Georgia and Michigan.
“ 7th—Maryland.
1 “ 13th—South Carolina,
i “ 13th—New Jersey, Ohio and Pennsylvania,
in Delaware, Massachusetts, New York, and .Mis
sissippi, on the same days in w hich their Electors
are chosen.
ELECTION OF ELECTORS.
By a laxv of Congress the electors of President
must he chosen, in sit'd) manner as the Legislatures
shall direct, within thirty-four days preceding the
first Wednesday in December, which this year falls
on tiie 2d. The electors may therefore he chosen
this vear on any day after the 28th ofOctoher. The
i whole number is 204, (148 a majority,) all of whom
Will he elected by tiie people by General Ticket, ex
cept the 11 in South Carolina, xvho will he chosen
| by the Legislature, which meets on Nov. 23d.
Oct.3oth—Ohio (21), and Pennsylvania (30), 51
Nov. 2d—Arkansas (3), Connecticut (8), Georgia
(11), Illinois (5 . Indiana (9), Kentucky (15),
* Maine (10), Michigan (3), Mississippi (4), Mis
souri (4), New Hampshire (7), New York (12)
Rhode Island (4), Virginia (28) • 148
No. 3d—Louisiana (5), New Jersey (8), Ten
nessee (15), ' 28
Nov. 9th—. Massachusetts (14), Maryland (10),
Alabama (7), - 31
Nov. 10th—Delaware (4), Vermont (7), 10
Nov. 19th—North Carolina, ]5
After23d—.South Carolina, 11
In the city of New York the election is held one
day, Nov. 2; in flie rest of the State, on the 2d, 3d
and»4th; and if has h-en staled that the elections in
! Mississippi and New Jersey are also held two days;
Imt with these exceptions the elections are cum
! picted in one day.
2CT We copy the following article from the New
i Orleans Courier.
“We have had in rmr possession, for some days
past, a sheet entitled “Le Creole,” published in
: this city in French, for desseru ti >.tion among th?
j planters of the country, ornamented with a most
disgusting and dangerous wood-cut—and tho’ we
1 had reason to believe that some of the most nota
] hie \\ bigs in this state were ia-frumemal in getting
ir up, vet we have re Trained fro i cc, icing it—be
cause we yverr* we ll aware tiiai die miserable
falsehoods xvith which it was accompanied could
h ive no effect noon the intelligent planters, and
that they vonld insta My destroy it , to heep their
stores Jroiu. serinp the. picture But, as the same
cut appeared in the Lousiann Advertiser tins morn
log, a paper that cannot he hep ' from the sight of h>*
slaves in this city, we deem it our duty to call the
attention of every slaveholder, and of every citi
zen who values his life and property, to the Atci?
What is the conclusion which a slave would draw
from this picture? Why, it is rnostappaient to any
man who /s not the miserable slave to party; he
would either believe that the b'acks enjoyed the
high sta ion, which the picture represents his color I
as filling, elesexvhere; or that they were about to
enjoy it here And in either case—the consequen
ces are terrible—you make of the blacks of the
state had subjects, assasins and incendi ries.
“(iood God! to vx hat have vve come, when in
the midst of a slave-hold ng population, incendiary
pictures are thus publicly circulated, which an abo
litionist would he lynced for having about him
Arc we to xv mder at the insolence of our servile
population—are xve to wonder at the recent insur
rcc ious, when our enemies are of our own house
hold W hen >onthernpr*, for the pitiful object of
part y triumph, can thus cast abroad among us. such
dangerous and incendiary prints.
•‘ The subject is one on which vve will not en
large. for we deem it dangerous to do so—but vve
say to every Louisianian —Stand to your Arins, and
crush the monster of abolition, in whatever guise
it may come.”
f From the Charleston Mercury.]
ABOLITION AND WHIGGERY.
The Augusta Chronicle publishes an article from
the Philadelphia Sentinel, asserting that Mr. f esseu
der, of Maine, is not an Abolitionist. This is mere
assertion, and against it we have the assertion of a.
highly respectable correspondent in \ ermont, that
Mr. Fessender,“is or has been, the President of an
Aholitiin Society.” It is known too, that Gov. Fair
held, of Maine, has been opposed in the late election
! because as a member ol Congress he voted for Ath
i ernon’s Resolutions.
I But what will the Chronicle say to the thorough
! going W hig State, Vermont—which is only alto-
S gether Whig, because it is abolitionist!_ The Se
. cretarv of State there is Chancery L. Knapp, the
; editor of * The Voice of Freedom” an abolition pa
mper published in Montpelier, and the Whig Lieut.
| Governor, Daniel M. Camp, is an open and avowed
Abolitionist. Judge Mattocks, also, who lias been
elected over Gen. Fletcher, in the Montpelier Dis
trict, is a»i Abolitionist. The Abolition Secretary
of State, thus vouched for him during the canvass.
[From the Voice of freedom of Aoir.
Not far from two years since, w? recollect to have
had a conversation with Mr. Mattocks upon the
subject of slavery. W e feel safe in saying that, in
th? course of that conversation, he alluded in terms i
. of approbation, to the well known decision ol Judge
I Harrington, widen forms so bright a chapter in the j
i party jurisprudence of our State, and which settled
the point whether a man's rights, before a \ ermont
i eouit. were to be graduated by the hue ot his skin.
Tiie opinion w as also advanced with equal freedom |
5 , that Congress possesses ample power, tinder the,
1 Constitution, to sweep away every voltage (> f sla
very in the District nf Columbia, and that fid* jmw
cr should he exercised upon the right ot petition
bis views were quite satisfactory. SV e led mure
| confidence in representing the views of Mr. Mat
tocks, since in a recent conversation with one ot the
earliest abolitionists of Caledonia county, himself
an intimataacqiiaiiitance of the J udge, our informant
expressed the fullest convictions that Ida opinions
on this subject had undergone no chang
Jn (be same number of The 1 'nice of Freedom
there is a long letter from Lieilt Governor Camp
to bis Abolition brethren, urging them to s'ick to
111e Whig standard and not lorm a third party, as
their only chance of success in their xholiti'Mi
views is by co-operation vy iih the V\ big party. He
urges that the bulk of tiie Abolitionists are '.’- tugs,
and that if there be any Democrats among them
or " Tories ” as he calls I fie Administration men
they are “a mere sprinkling ” He asserts farther
that the principles of Wbigger ■ and Abolition are
in “near affinity” while the principles of the Ad
ministration are “the antipodes of both.” NOW
LET THE SOEiI MARK Till- ADMISSION,
this BOAST ofa Whig Lieutenant Governor, for
whose success Southern men have flung up their
caps, and fired guns in joyous triumph, h;s boast nf
the identify of Whigs mid Abolitionists. V\ e know |
well that by his inaugural message and id* veto J
threat against them, the President lias mli lim’d all
the-Northern Abolitionists against into, while the
Whigs nod (ion. Harrison were conning their sup
port—hut wedid not think the alliance, the ci se
affinity would he so open y avowed, so soon. VV e
say that every Southern man who sees these things
and believes them, (and how can he doubt them?)
is a traitor to the South if lie remains a V\ hig.
Here ere Lieut Gov. Camp’s own words, which
we submit with no othcrcomiiPHit than that through
Ids whole letter, this abolitionist calls the Adminis
tration men “Tories,” and speaks of them by no
other name.
“But the great tory oracles charge the whig par
ty as embracing tiie entire body of’nhoiiriouist*’ and
some have pretended the amalgamation D so com
plete that the words Whig ami Abolitionist may j
t»e used as convertible terms. 1 am disposed to ;
y ield a qualified admitds-ion to fids charge; for, I
THAT THERE IS A NEAR AFFINITY BE- 1
TWEEN THE BRLNCIFLES OF WHIGS
AND ABOLITIONISTS, NONE CAN DENY,
NOR THAT THE PRINCIPLES OF TORIES j
ARE ANTIPODES TO BOTH. That same in
dividuals are abolitionists, xvho once xve re furies '
and have never become identified wit!' the W higs, !
and that some others, who are still Tories, have |
found it expedient to show themselves ns Abolition- |
ists, is doubtless true, ilow they can reconcile I
such discordant principles, though a mystery to me, j
1 have no desire to inquire, if it would not he |
thought reproachful, of every such one I would say, ,
“to his own master, lie standoth or faileth.”
“It is barely possible, that the small sprint,Hug of I
tories among us, sensible fiat they will cotistinite !
but a meagre minority of the new party, are indus
triously laboring to accomplish the tneasur., in
hopes to guli tiie unsuspecting abolition wings to ;
unite with them and thereby secure tiie success of
the lory candidates for offices of President and Vice
President and still he able to say, “vve did no* do
it”
We cal! upon our friends of the Georgia press, to
aid us in pointing attention to his matter, it is con- |
c.usive.
f From the JV 1 Suvluii Morning Vevw.]
Men who in private life would shrink from the
imputation of falsehood and dishonor, from all mi- ;
holy compacts or bargainings vv'lh vice, the mo- J
merit they enter ihe nolirieai arena, veem to east, i
aside the restraints of justice, of moralitv,.n r decen- I
cv, and of religion, and excuse all the acts which
they sanction, and in ihe supposed advan'ages of
wh : eh they are to participate, by classing it as the ,
doings of the party. Men who in private life are I
for the enforcement of contracts, in political life, |
can not only trifle with the guarantees of the Con- !
Mention, and the vested rights of others, but can
look carelessly on while incendiary movements
are in progress, not only to destroy the right* of
property, but to whet, the knife of the midnight !
assassin. And al this is done coolly, quietly and |
deliberate!v, without malice against Mie parties to
be sufferers—nay with a perfect conviction of iheir
rights, and an ahhorrocee of rhe principles to
which they ally themselves, hnt. solely' for the pur- |
nose of present political success : and not only so. !
but wiih a reserved determination in their own
minds, the moment they accomplish th'dr own oh- i
jeers, to turn round and break down those very
allies by whose instrumentality they were sue
cesj-fnl. *n thi* way moral honesty and good faith
is obliterated from the political vocabulary : and
h« i* the best politician who can overreach and j
deceive with the most facility—who can assume a
position hv which he overthrows his enemy and
then breaks down his allies.
******
The Abolitionists can form'no affiances with a
party of which Martin Van Bnren is the head, as
be has declared that no Bill interfering with the
rights of the South will receive his sanction
And as to carrying a Bill t' rough Congress hy a
two-thirds vote, it is out nf the qnesrion, no mat
ter which party may he triumphant in the national
councils To the Whig pa-ty, therefore, thev ap
peal, and they' appeal most, insidiously. They
point to a fact, unfortunately too true, that their ;
principles have made greater inroads on the Whig
ranks than on the Democratic, and that in a eon
test from which they should stand aloof, and par
ties he nearly* divided, Whig success mav he
jeoparded, while if they ihrr-w their strength for
them their success would he insured ; and that
they are willing to support Whig candidates who !
are in favor of Abolition views : and xve fear they
have succeeded to n great extent. Maine, for in
stance, is an Abolition state, and notwithstanding
I all the reasoning on the subject, it could not have
been carried without the aid of Abolition votes,
and the returns show that every voter was at the
polls North and Smith, East and West, 4 hofi.
(ion movements are going on. and at the 45 nth
the slaves are to a great degree exceed, and we
find in one ease an actual insurrection.
Now we will put the question home to onr po
litical friends, and vve do ir with grief and shame.
Have yon reflected on the dreadful price you
have to nay for Abolition support ? Are von pre
pared to have the question again agitated on the
floor of Congress—one calculated to "inflame our
passions to madness, and to pave the wav for a
separation of theL'nion? If done peaceably, are
yon prepared to incur a national debt nf millions |
of d dlars. to be laid as a 'ax on the industry of
the free laboring tlass, to emancipate a rae° of j
persons who are more comfortably off. better fed, j
clothed and eared for in health, and greatly better
in sirkness, than a large porrion of nu p la
boring population ? Are you prepared as er all th ; s
is done, to incur a heavy amount of annual taxa- <
tion to support a vagrant population, spreading
; itself • ver onr Atlantic cities, and fearfully* in
creasing our ealendarofcrime ? If not done peace
fully, are yon prepared for a servile war in the
fairest part of the Fnion ?—for the cries of the j
' murdered, the ravaged, nod the defenceless? the
female and the infant ? the des'rucpon of proper- I
j ty and the horrors from which xve shrink in an- ! 1
ticipation ? Can you form an unholy alliance ! >
with a race of fanatics who would shriek Horn no '
mean* hy which their ends can he accomph-hed ?
I fti d only that you may prostrate the p. esent Ad-
I ministration, without reflecting tb it your next step
may be on the murdered bodies *>f your sonth
' ern brethren ? It is an unnatural and Unholy al
liance —repudiate it. Success acquired hy such
i imans can hut entail a curse upon yon mid your
posterity to the latest generations; one which
will make the very name of Whig a hy word and
n reproach If yon hold the princip'es of the Whigs
of the Revolution, you will hear io mind that tlm
rights of the South were solemnly recognised hy
the Constitn'ion, and that the best blood <>f t' e
South was poured out to a-*ist in attaining our
liberty and independence. Von will bear in mind
that whenever the country has been threatened
the chivalry of the south has been the fi*st to mount
‘ tiie imminent deudl’i breach' —foremost always in
i peri! and in danger; and if nullification lias raised
the front of defiance at the South, it was only af
ter excitement had driven them to temporary mad
ness Onr Whig friend* and brethren we say n
gain, nau.se and reflect There i* nothing xve have
so much at h<-art a* the success of the Whig can-e,
hut we go “/or unhle end < hy nohF me <«>* alt lined ”
And if success is only to lie accomplished by an
alliance vvi'h A b > lit ion movements, then do we
pray that (rod may. in hi* mercy send ns so com
! plete and overwhelming a defeat as will obliterate \
the very name of Whig, if with if we can only 1
\ prostrate the abolition qnesflon, and disperse the '
! clouds threatening our common cocn ry by the
agitation of the fanatic aholitiontsts. We take the
ground of the Mar, while under the supervision
of Mr. Noah—an able ami an honest man, a shrewd |
politician and unflinching patriot—and with him i
we do not feci disposed to barter the glorious '
prosper sos our country for party success. He i
I say.*; ‘‘IL fear from recent iabdications that <he \
j administration at Album/ are too much inclined to j
j yield to the influence of Abolitionists, in which rase ,
it will be necessary, at all hazards, to counteract the I
influence." We tear his warning voice has been
raised in vain, and in the madness of pursuit eve- |
ry means has been grasped at to promote the end j
in view. If vve are wrong, let the Whig pany !
speak and disavow all connection with Abolition
ists — if xve are right, then >ay we again, may hea
| von in ils mercy send them an overwhelming dc
| feat
We see if stated that there are IfiOO Anti-Slave
ry societies in the b ribed States, comprising seve
ral hundred thousand members The greater rea
, son why they should be relink' d arid pot d->vvn,
: and that we should awake io the alarming ex cut
| of their ramifications, and the dangerous tendency
; of their designs.
! [From Biel,-uell's (Philrr.) Reporter of Sept. 2D.]
_ THE MONEY MARKET.
The feeling of last week exhibited considerable
; improvement and one or two important stocks were
slightly better. The rates at tho close of the week
! will he found below. (J. S. Bank was in demand
■ to some extent for investment, but to much greater
i extent to supply contrat* made on time sales a fort
night or a month ago. Thus, we learn that in sev
i ral instances, the time sellers have been borrowing
j stock and pax ing at the rate 50 cents per share for
it per week. Their idea was, that it was better for j
them to sacrifice *loo per week on 100 shares, and to j
run the risk of i decline in the price, than to supply {
contract* made at £fi*2 per share, hv purchasing j
1 stock at 6-85 a (44. They feared, moreover, that anv j
! large sales for rash, would make their case still j
worse hv advancing tiie price of the stock. This j
j game, however, is one which must eventually' end j
iin ruin to those who practise it extensively. Tims, 1
I an individual hound to deliver a thousand shares of j
I stool:, would lo*e S2OOO a month, and xve learn that i
| several “bears” as they are called, are short from |
1000 to 1500 shares. Most of these individuals, j
i however, hate made very considerably hy the de- j
dine in the stock for tl*-* last six months, ami hence j
can afford to lose something. If will he seen in re- i
fa re lie e to the sales for the ln«t month or two, that
large amounts have been sold on time, ranging from i
30 to 00 days, and at AGI to so*2 per share. Their '
position would he perilous indeed, should the slock I
advance above 70, and this i* hv no means imru’oli- j
aldv. should honn fide holders refuse to sell at pre- )
sent prices, and should this system of paying an j
enormous premium for the loan of the Stock, ho j
perisfed in much longer. It i* somewhat singular |
that verv fexv o‘‘ the old and substantial brokers of!
Philadelphia are engaged in these mod stock specula- !
tion*. The business appears to he monopolized hv I
a f'w young men with little capital, and xvho sell I
w ith wonderful rashness. We are not so much *nr- 1 |
prised at their course, for in no event can they lose |
that which they do not possess. Hut it i* n lit- ! ,
tie remarkable that they should find individual* I
with capital, willing to enter into contracts xvith I '
them. The Bank appear* to look on in silence, and |
to he whollv indifferent to these manoeuvres. It may I '
he good pofiev, hut it strikes ns as exceedingly j j
strange that with all the exaggerations and false sto
ries that have been circulated within the last three ; ,
months, not a svllaldle of contradiction or refuta
tion, has appeared in an unauthorised or official form I
from the institution itself. The directors are ex
ceedingly close mouthed, and tiie information we !
have given from time to time through the columns
ofthe Reporter, has been obtained general! v through
the officer* of other Banks, or from *omc of our lead
ing capitalist* or merchant*. This was not the case
when Mr. Biddle was President, who with ail hi*
fault*, & Heaven know*, the resit 1 tha* shewn that he t
possessed many' as a financier —vet still contrived to | 1
keep the public in good humor, to inspire confidence j
among the friends of the institution, and to hold up (
the stock even at the most perilous moment* to j
something like par. Perhaps, as before observed,
silence under existing circumstances may be deem- ■
ed the best poliev—hufsurelv something is due to
the public,more to the stockholder*, and,at least 1
the most monstrous fabrication* of the da\'. might 1
have been promptly contradicted through the co!
u inn* of one of our daily newspapers. Tbs present J
condition of feeling is, xve know, more buoyant, and j
the public are beginning to feel more confidence
But xve mu*t he permitted to expires* the opinion ! i
that there lias been great indifference manifested by 1
those who should have a vigilant ex'e over the inter- | f
est* of this large institution, and that in many in- 1
stance*, stockholders have sold out at loxv rates and J
at great sacrifice* xvh°n the truth from the proper j
quarter would have, induced them to wait for better t
times. Indeed, for some weeks in Philadelphia and ,
Nexv York, the bears and panic makers had the en- f
fire control of the market, the timid and excited were \ :
the victims, ahd there were no sales whatever for 5
investment, ■ 1
With regard to the resumption of specie pay
ments. and the movement noted in onr last, as con- j
nected with that measure, we have no further in- j ,
formation of a positive nature to communicate to
our readers. We can onlv repeat, however, that I .
there can he no general resumption on the part of s
the Banks of Philadelphia, xvitiiout some such ar
rangement. This fact i* conceded, end as the ne- u
cessjfy- of resumption on the 15th of January is im-
perafive, xve adhere to the opinion that an nm ; - *
cable understanding xvill lie entered info bv the U. v,
S. Bank and the other Banks, before the specified „
time. The following passage from a letter recently p
addressed hy Gov. Porter to a number of citizens of li
Pitt*hurg, has an important bearing upon this sub
ject : P
“So far as relates to the resumption of specie v
payment*, 1 have already, in the letter above r°far
ed to, addressed to my democratic friend* of Phila- s
delphia, stated that the period fixed in the re=n!u
tions a* thev finally pa==ed, was more remote th .n i
I thought expedient; but as the time, (provid f d it j o
was reasonable,) was not a matter of principle, and !
a* I conside
some definite a«d speedy legislation ■ "
in Hspensahle, I the resolution*. Had
I defeat?d the adoption of thi*s? resolution?, I ftp
prohcnded the banks would he too potent to allow
ot the passage of others more reasonable, if indeed
nn’.' others could have h. on pissed. I signed them
as the least of t .vo evils. This is not the first law I
have sanctioned for the same reasons, and no man
in his senses can expect tlie executive branch of
1 the government, which merely approves of what is
done hv ns two co-ordinates, to have everv measure
precisely its own way. 1 have exercised the veto
i power without hesitation whenever I considered n
question ot principle, or vital public policy con
cerned, hut notin cases of less import.
“As I consid ■■red the the suspension of specie pa v
ments extended to a longer time than was neces
i s »■' • I siiall not sanction anv further extension. If
the hanks cannot meet their engagements on the
15th ot January next, it will he a serious misfor
tune, hut it is one in the production of which 1 liavo
hod no share, and i t the consequence of which I
shall fed no ohicinl responsibility. The hanks
: themselves* must answer of the result; for it must
he perfectly obvious to the world that any hank
! which ca mint then resume, w ith such notice and in*
' diligence, will n wer he able to resume at all ”
The Money and St ck rates on Saturday were as
1 follow:
Money,(fair paper outdoors) G to 7 pr.ct.
I . S. Bank post notes, 6a 7
Exchange on New York, 3J
Do on Bo=ton, 3J
Do on Baltimore, 11 a1 3 prem.
Do on Charleston, 1 “
Do on Richmond, para|dis.-
Do on Savannah 3|
Do on Mobile, Q-a 2 i
Do on N. Orleans, l|
Specie, 3
I'. S. Bank Stock, 64
j Ci rani, do do 40^
I The number of strangers in town during the last
1 w k was unusually large, ami business quite active.
Flic wetttli ;r for the greater part of Ihf week was
d dightiul, and tine woathhr bus generally a favora
ble effect oh trade.
CT.aara: :mm t . 9nm
OUiJ'f AltV. —Departed this life in Burke
County, Ga., at the residence of’ Gen. J. J). Thom
as, on Sunday night, 271 h of Sept., Mrs. EI.IZA-
Hid 111 TiJO d AS, in the 751 h year of her age, al
ter one week’s sickness, which she bore with that
meekness and resignation, which bccometh the
Christian. Mrs. Thomas joined the Baptist Church
in her Cfllh year, of which sire was a pious, consis
tent member, until she wus removed from the Church
militant )<> the Church triumphant. May her af
flicted children and friends imitate her piety that
they may he at last permitted to join her in the gene
ral assembly and Church ol the first horn in Heaven.
CO MW\ E RCI AL HEA D. ™
LATEST OATES FROM SEPT. II
LATEST OATES FROM HA VRE SEPT. 7
SAN AXNAH, Oct. I. — lotion. —Arrived since3lm Au
gust .Ci.* hales upland aud 00 h lies sea island cotton, and
cleared m tire same time 4180 hales upland, and 00 hale*
•sou island cotton, leaving u stock on hand, inclusive of all
<>’i shipfioard, not cleared on tile iiOth September, of 1983
ft il s upland and 28 bales of sea island i otton.
\\ c take leave to-day of a season of peculiar interest and
import in the annals of commerce. ‘Closely following an
unusually seanty hnrve t of tilfour staples, wliicli derang
ed the entire machinery of trade and finance, we were fa
vored with the must bountiful crops ever secured to a peo
ple: so large indeed, that each mouth’s developenient only
lett previous calculations as to extent of product further
in the. rear. Mo t fortunately for the merchant our navi
g ition remained closed udtil so late, that prices receded
coti-iderably under the dawn of the actual condition of
yield, before any bulk of material was furnished for ope
rations, which thus opened upon comparatively a safe ha
si* of price, guaranteeing a relative security retralUc which
obviated the dangerous risks of previous seasons. The
siimnia-v of flic t vi 1 e months exhibits tire satisfactory re
sult which night natnrally be expected to grow out of so
hi visit an abundance, the me e agency and transport of
which, has been written in golden text upon cve> v p pe of
its rec > 1, i -ohi the •‘cotton book” of the countrv store, to
the vOsib freight list of Ine Atlantic car icr, bringing us
f'o.vn, full ofliupe and encouragement, to the advent of a
commercial new year.
Locally. we have large and especial cause of seff-pratu
-1 ition. Our city presents a remarkable exemption from
the ravages of dismise so painfully traced in the country
round, —instead of being deserted, Savannah is at this mo
ment a city o refuge for many families who have fled from,
the bal tnl i i flue nee of adjacent op identic. To our site, our
soil, and admirable civic rcgnlatio s we are indebted un- -
dcr providence for this happy immunity from ill.
Our Ce.ito-al railroad, by the indomnitable energy
ot ils President, and the practical science r;f its Engineer
is rapidly extending itself to its terminus, and now runs
over a jilmir field*, of one hundred an twenty-two miles,
drawing from our city the valuable supplies needed
by the P: inters. Attendant upon this subject is the sig
nificant f<f, that the traffic upon the road during this Ati
tinnu, wuen w<- h ive full rivers, considerably exceeds in*
amount that as ■ertuined last year when the ordinary ave
nues hv water to the interior w era entirely unavailable
by dro'/frhl.
\\ e note with gratification an accession to the number
oi our merchants, by the location among ns of several gen
tlemen of worth and respectability from the up country,
st reiigthdiiing our ties and social relations with ourhreth
r-u oi the witerio , whose interest is so clearly in common
with our own.
Real estate and rents have undergone a marked improve
ment; and such has been the demand for residences for the
Reining winter, thntjbuildings under erection are generally
engaged before completion.
Our banks arc in strong pos tion in reference to th'-ir
metallic resources, and their ability to resume payments in.
specie.
In fine: every thing promises n healthful and vigorous
induction into the business of a new season, and a
Ntu> cop. the extent of which form-, at this season, so,
wide a field ‘or calculation and conjecture. During the
early part o t. e autumn, it had- fa r fora full and satis
factory yield, and though the summer rains had fallen in
too great an abundance, no worse result than u redundant
growth was expected, which we had hoped would, under
late influences, hue confirmed all our anticipations, and
given us a harvest bordering in magnitude ttpou the last.
In this W" a’ - ®, disappointed— the subsequent destruction
by caterpillar and worm having been verv great i this
a id tae neighboring states; w hile contemplating this re
verse, however, it is expedient to bear in mind that we
have been favored since early in September, with the most
propitious weather possible for maturing the plant, and
h irvestmg if- yield, and t!i -t ivp arc, thus far, exempt from,
the boisterous weather, usually attendant on our autumnal
equinox, id so generally mischievous in its effects. These
are pror incut advantages, and if we find added to them
an open fall, we shall, we think, yet secure enough of our
staple to satisfy all wants, abandoning of course, theex
pectatios of w hat may (>•■ termed a larperrop.
Our receipts of new uplands to date, sum up 442 bales;-
those have generally sold at 10c, though since the reception
of the lat” Eng ,vi a ices, the ofl'-ring Jots hang heavily
at that price, th° in irket closing heavily.
The quality ot the new cotton continues to present the
superiority in ‘tuple noticed upon the first receip'g in
Sentember, without, as vet, much amendment in color.
The sale* sine •ie :j Ist August, amount to 1065 bale*
upland viz; 6at 7.1 at 7 ,sat 8 ,8 at 84, 67 at BJ. 66 at 9
3i at 9'. 96 at 9s. 252 at 94, 16 at9l3-16, 175 at9|, 61>4 at
3J. “9 at hi, 271 at 10,75 at 10’, 95 at 10'.
The sea island crop, though subject to severe visitations
hv rain , and caterpillar, has been much benefited in Geor
gia ard Florida by tiie fine weather of the pa » month, and
promises now a fair yield. From Carolina the report* are
less encouraging.
Rire.—T e demand for the bast we-k is confined to small
parcels for home u.-e, at 3| a 3i, and by retail at 3f. Stock
verv I ght.
Flour. —The demand continues moderate with a fair
iupnly. Sales of Howard-st.6ia 6K. Canal at 6U6*c.
Corn —R tails from store at 70 a 80 cts.
Salt.— Sales from store of 7*lo bags Liverpool at $1,371.
Erchav^f.—n n England 1U a 12c. per ct prem. Drafts
iu New \or at sight 5 per cent. prem.
Freights. —To Liverpool d. a id. dull: New York ?0 a
15 cts.; Boston $1,50 cts. per hMe,