Chronicle & sentinel. (Augusta, Geo.) 1838-1838, April 17, 1838, Image 2

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paJUJ..- JT bIjW’MU urtvt ytwsjr-ymjv* i"»wi * ■wrryww Mr. WKBSTKH’S SPldKCll —Continu'd. I hare detained (he Senate too lon#, sir, with the#* observations upon the slate of (he coun try, and its pecuniary system and coiidition. And now, when dm banks have suspended payment*, universally; when dto internal ex change* are ail deranged, and die business of the country moat seriously interrupted, the ques tions are— Whether the measure before ua ta suitable to our condition! rind Whelhet it ta n just and proper exercise and fulfilment of the power* and duties of Con gress' What, then. air. will he die praet cnl o[icrnlion and affect of thra moasnie, if it ahould become a law 1 Like its predcceaaor of the last cession, the 101 l proposes nothing for the general currency of die country; nodiing to restore exchanges; nothing to bring about u speedy resumption of specie payment* by the banks. Ira whole pro foiled object is the collection and disbursement of the public revenue. Some of its friends, in deed, say, that when it shall gu into 'operation, it will, incidentally, produce a favorable effect on the currency, by restraining the issue of bunk paper. But others press it n»if it# effect war to be the final overthrow of all banks, and the in troduclirm of an exclusive metallic currency for all the uses of the country. Are we to understand, then, that it i# intend- ; od, by means, of winch this is the first, to rid the ' country of all banks, as being but no many nui ] sauces, and to abolish all papet currency what ever! Or is it expected, on the contrary, that after tins system shall be adopted sot the use ol (Jo vernment, thoro will still be a paper currency i lit the country for the use of the peopled And if thoro shall still b« a paper currency, xvill that currency consist of irredeemable t in- I vernment paper, or of convertible bank notes. ) such as have circulated heretofore'-—These ques tions must be answered, before we can jngJe accurately of the operation of this hill. Ai to an exclusive metallic currency, sir.thu Administration on tb s point is regularly Janus faced. Outdoors, and among Ihc people, it : shows itself “all clinquant, all in gold." There, oveiy thing is to he bard money—no paper rags i —no delusive credits—no bank monopolies—no ' Trust in paper of any kind. IJtit in the Transit- ; ry Department, and in the Houses ol Congress, | xve see another aspect —a mixed appearance, I partly gold ami partly paper; gold for (iove.in merit, and paper for the people. The small I voice which is heard here, allows lire absolute necessity of paper of some sort; and to some ex tent. Hut the shouts in the community demand the destruction of all banks, and the final exlur- ; -tarnation of all pajtT circulation. , To (he people, the lion roaia against paper I money in all the loudness and terror of his natu- { lal voice: but to members of Congress be is more ! •discreet; lost bo should frighten them out of their 1 xvtts, bo tunc restrains and modulates, and roars "as gently as any sucking dove, or, us it were, ai y nightingale ” The impracticability of an i exclusive metallic currency, *,h“ absurdity jl at tempting any such thing In a country like this, , are so manifest, that nobody here undertakes to j support it by any reason or argument. All that j is sard in Us favor, is general denunciation ol pa per, general outcry against the banks, ami dec I a matron against existing institutions, full of sJiiml and fury, signifying nothing. 'l'll* moment any one considers it, he sees bow ridiculous any such attempt would be. An ex clusive metallic circulation for the second com mercial country on earth, in the nineteenth con- I tnry! Hrr, you might as well propose to abolish j commerce altogether. The currency of England is estimated at sixty millions sterling; and it is Mr McCulloch's cal culation, that if this currency were all gold, nl• lowing only one quarter of one per cent, for wear rrt metals, the annual expense, attending such a currency, would be three millions and a quarter a year, ol nearly five, per rent, upon the whole. With us, this charge would be much greater.- The loss of capital would bo more, owing to the higher rates of interest; ami besides all this, is the cost of transportation, which, in a country I »n extensive ns ours, would be vast, and not en- j sily calculated. We should also require, pro- | porliotially, more specie (ban is requisite in Eng- j land, Ixscause our system of exchange, by means I of luffs of exchange, is at present, and would be, j under sech a system ss is proposed, much less j ter feet mid convenient than (bat of England.— Besides, ike English metallic circulation is most- ' ly gold, gold being in England the standard me- ' tab With us, silver and gold both are made standards, at a fixed relation; and if we should succeed to keep this relation so liuo as to pre serve both of the precious metals among ua, ( which indeed, is not very probable,) our circu. latum would bu still marc expensive end curn. bious, from the quantity of stiver which it would contain. The silver in the world is estimated to be fifty limes that of gold in amount, and conse quently something more than throe limes in va lue. If both should circulate, therefore, equally, in proportion to value, (ho currency would be three parts silver, and one gold. Now, sir, the annual oxpense of such a circu lation, upon the basis of Mr. McCulloch's estim ate, would exceed the whole annual expenditure made for out army sml navy. Consider, sir, the amount of actual daily payments made in the country. It is difficult to estimate it. ami quite impossible ip ascertain it, with any accuracy. But we can form some notion of it, bv the daily ! amount ot payment in the trunks in soma of the , cities. In limes of prosperous business and com- ( morco, lb* daily amount of payments in the banks of New York alone has been equal to eight mi! lions. Whether we call (Ins a tenth, a twentieth or a fitnerV |,nrt cf all the payments and receipt* made daily in xb« country, we see to what on ag gregate result the »Me would rise. And how is it possible that such amount 0 f receipt and payment could be performed by actual p as s,„ g of gold and silver from hand to hand » Such notions, sir, hardly require serious r„f u . ' tation. Mr. President, an entire metallic currency I would necessarily create banks immediately. Whete would (hs money bo kept, or how could ] it ho rsmittsd ? Banks of deposits mast and | would be instantly provided for it Would the merchants ot the cities he seen, in their daily walks of business, with servants behind them, ; with bx»s ot gold and kegs of silver on their j w heelbarrows t W hat lolly is groat enough to imagine this ' If there were not now a bank ; note, nor a bank in the country, and if there' should be an exclusive specie currency 10-oiorrow morning at nine o’clock, ihere would be fifty banks before sun»cl From necessity, there ' would bo created at once place# of deposites, and persons having money in such depositories would draw checks for it, and pass those checks as mo- • ncy. and from one band they would pass to ano ther, or the depositary himself would issue cerli. | ficates ot daposites, sml these would pass as eur rency. And all this would do no more than just | to carry ua back two or three hundred years, to I the infancy of banks We should then have ! done nothing hot reject the experience of the j most civilized nations, for some centuries, as well - as all our own experience, and have returned to i the rude conceptions of former times. These i certificates ol deposite would soon be found to be often issued without any solid capital or actual 1 deposite. Abuses arising from this sou roe would i call for legislative interference, and lh« Legisla ture would find it necessary to restrain the issue ot paper intended for circulation, by enacting that such issue should only be made on ihe strength competent capital, ac.u illy provided '/and assigned, placed mulct proper regulation, f I and manured by persona irsponsible to the lawn. t I And this would bring us ugniii exactly to tbo •lair of things in which we now are; and that ia to say, to the use of the paper ot the banks, esla. I blisbed, rngulatcd and controlled by law. In the mean lime, before this process could be carried through, half the community would bo made [ bankrupt by the ruin of their business, and by ; the violent and revolutionary changes of proper ity which the process would create. The whole 1 class of debtors, all that live more by industry than on capital, would be overwhelmed with 1 undistinguished destruction. There will then, sir, be no such thing at) an exclusive paper currency. The country will not , be guilty of the folly ol attempting it. j I should have fell that I had occ pied too much ' limit with such a senseless and preposterous sug gestion, were it not the manifest object of parlt« sans to press such notions upon the attention of the people, in aid of the war against the banks. We shall then, sir, have paper of some sort, forming a part of onr currency. What will that paper be 1 The honorable gentleman from South Carolina, admitting that (taper is necessa ry ns a port of the currency, or circulation, was ■ contended that the paper ought to be Govern, merit paper—Government paper, not convertible nor redeemable, only so far a» bv being receiva ! I'le for debts and dues to Government. My col- I league lias endeavored to satisfy the. Semite,that I the aim of the whole system, of whieb lie re ' (mills, this bill ns lull part, is to establish n circa j Intion of Government paper and u Government ; bank. Other gentlemen have taken llio same view n( it. Hut, as the bill itself does nut pro fess any sui b purpose, I am willing to discuss it in llie character in which n presents itself. I take n lor what its friends say it is—a bill ma king further provision for collecting the revc j lines. j We are, then sir, still to have paper as a gene ; rat medium of circulation; that paper is to be the j paper of banks; hut Government is to be divorced | tram these banks altogether. It is not to keep j its funds in them, as heretofore. It is to have I nothing to do with them, but is to rollout and disburse the revenues by its own means, and its own officers. The receipt of the notes of specie (toying I banks is to be partially allowed for some time, I but it h to be gradually discontinued; and six I years hence, vve are to arrive at the maturity and | the perfection of the system. When that all j spiciotw day comes, Government is to receive ami to pay out gold and silver, and nothing but gold j anil silver Now, Mr I’lesident, let us anticipate this I joyous epoch; If ', us suppose the six years to have j expired, and let us imagine this bill, with its spe- I lie payments and all, to be in full operation ul the present hour. What will that operation be! |ln tin) first place, disregarding all question of public convenience, or the general interests of the ■ people, how will this system work as a more I mode of collecting and paying oar revenue! J.et i us see. I Our receipts and expenditures may becslimn : ted, each, at thirty millions a year. Those who think this estimate either too high or too ‘ low, tuny make the necessary allowance. Here, ■ ihen, is the sum of tli!rl_ v million", t<> he collected j and paid out every year; and it is Q.I ' ,c CVltnl* , ed, actually told over, dollar after dollar, ana i gold piece after gold piece; nnd how mouy times I counted! Let ns inquire into that. The hm | (Kilting merchant, whoso ship has arrived, and | who has cash duties to pay, goes to the hank for i his money and the tellers count it out: that is ■ once' lie carries it to the custom house, pays it, ' and the clerks count it over that is twice. Some | days afterwards, the collector takes It out of his hags and chests, carries it to the receiver goneral’s I' office, and there it is counted again, and poured into the hags and chests of that office; that is the third time. Presently a warrant comes from the Treasury, in fiver ot some disbursing officer [ (lays it to the persons entitled to receive it, on I contracts, or lor pensions, salaries, or other claims. Thirty millions of hard money are thus to be handled ami told over five limes in (ho course of the yeat; and if there he transfers from place to place, then, of onrse, it is to he counted so much | oftrncr, Government officers, therefore, are to I roml ovrrone humlird j and fifty millions ofdol ! lars a year; which, allowing three hundred work ; mg days m (ho year,gives live hundred thousand ' dollars a day. Put (his is not all. Onco a quarter, the naval offioor is to count tlie collec tor’s money, nnd the register in the land office is to count the receiver’s money. And more over, sir, every now nnd then the Secratary of the Treasury is In authorize unexpected and im promptu countings, in his discretion, and just to satisfy his own mind! Sir, what a money counting, tinkling, jing ling generation we shall lie! All the money I changers in Solomon’s temple will be as nothing to us. Our Bound will go forth unto all lands. Wo shall all ho like the king in the ditty of thu uursiry. "There sal the king, counting of ins money." Von will observe, sir, that these receipts and payments can not be made in parcels, without the actual handling of each piece of com. 7’ne marks on kegs of dollars, and labels outlie bags ot gold, are not to be trus ted. They are a (tart of credit—and ail crc« dit, oil trust, nil confidence is to bo done away with. When the surveyor, lor instance, at the custom house, is to examine the money on hand, in possession of tho collector, or re- I reiver general, ho is, ot course, to count the | money. No other examination con come to i any tiling. Ile cannot fell, from external ap pearance, nor from the weight, whether the I collector has loaned out Ihe money, and filled the bags and boxes up with sand and lend, or not. Nor can counterfeit pieces be oilier wise detected than by actual handling, lie must open, he must examine, ho must count. And so at the land offices, the minis, and else where. It these oflisers shall have a taste i for silver sounds, they are likely to be gratified, j Mr. President, in all soberness, is not this | whole operation preposterous. It begins by proposing to keep the public j moneys. Plus, Used, m the sense the word !ia here used, is a perfect novelty; especially m the United States. Why keep the public ! moneys, that is to say, why hoard them, why i keep them out of use! The use of moony is I i m the exchange. It is designed to circulate, I ] not to he hoarded. All that Government : should have to do with it, is to receive it to. I day, that it may pay it away to morrow. It should not receive it before it needs it; and it | should part with it as soon as it owes it. To keep it—that is, to detain it, to hold it back i from general use, to hoard it, is a conception j belonging to barbarous times and barbarous I Governments. How would it strike us, if j wo should see other great commercial nations outing upon such a system? If England, I with a revenue of fifty millions sterlings year, wore found to be collecting and disbursing | every shilling of it in hard money, through all the ramifications of her vast expenditure, | should wo not think her mad? But tho sys tem is worse here, because it withdraws just jso much active capital from tho uses of a ! country that requires capital, ami is paying | interest tor capital wherever it con obtain it. i But now. sir, a low ini to examine the ope ration'of this measure upon the general in* ) tercel of commerce, and upon the general cur* ; rency of the country. And in tins point of , now. the first great question is, What amount lot gold and silver will line operation subtract i, i from tho circulation of the country, and from >• the use ot the banks? 0 In regard to this important inquiry, wc are J not without the means of forming sornejudg • ment. An official report from the Treasury, '■ made to the other House, shows that, for the last ten years; there has been, at the end of c ! each year, on an average, fifteen millions and • four hundred thousand dollars in the Treasu ' | ry. And this sum is exclusive of nil that had B been collected of the people, be; bad not yet H reached the Treasury* and also of all that had been drawn from the Treasury by disbursing officers, but which had not yet been by them , ' paid to individuals. Adding these sums to. gether.sir.and the result is,'hat on an average , lor the last ten years, there have been at least twenty millions of dollars in the Treasury, I , do not moan, of course, that this sum is the f | whole of it, unappropriated. I mean that this 1 amount has in fact been in the Treasury, ei -1 Ihcr not appropriated, or not called for under t appropriations; so that if this sub treasury • scheme bad been in operation in times past, ■ of the specie in the currency, twenty millions i would have been constantly locked up in the safes and vault*. Now, sir, ! do not believe i that, for these ten years the whole amount of silver and gold in tho country has exceeded on the average, fitly or sixty mi lions. I i do not believe it exceeds sixty millions at tho present moment, and if we had now the whole system in complete operation, it would lock 1 up, and keep locked up, one full third of all ' the specie in the country. Locked up 1 say— hoarded—rendered as useless, to all purposes 1 of commerce and business, as if it were car j ried back to itc native mines. Sir, is it not ' inconceivable that any man should fall upon such a scheme of policy as this? Is it possi [ ble that any one can fail to see the destructive I effects of such a policy on the commerce and I currency of the country? , It is true, the system does not come into , operation all at once. Bat it begins its de. mauds for specie immediately—it calls upon , individuals, for their hard dollars that they may be put away n ml locked up in the Trea sury at the very moment when the country is , 1 suffering for want of more specie in the cir vulation, and the banks arc suffering for means to enable them to resume their payments. And this, it is expected, will improve the cur rency, and facilitate resumption! It has therefore been asserted, that the gen eral currency of the country needed to be i strengthened, by the introduction of more spe ; cie into the circulation. This has been insis ■ led on for years, hot it be conceded. I have ; 1 admitted if, md indeed contended for the pro position heretofore and endeavored to prove r : it. Bufil must he plain to every body, that | any addition of specie, in order to be useful, must either go into the circulation, as a part of that circu ation, or else it must go into tho hanks, to enable them the better to sustain and redeem their paper. But-this bill is cal culated to promote neither of those ends, but exactly the reverse. It withdraws specie from the circulation and from the banks, and piles it up in useless heaps in the Treasury. It weakens the general circulation, by making portion pf specie, which is part of if, so rim cl i tho less jw«!f«na the banks, by re ducing the amount of com "’.b'cli suppof!" llicir circulation. The general evil imputca to our currency, for sonic years past, is that paper has formed too great a portion of it. i The operation ot tins measure must be to in crease that very evil. 1 have admitted the ' ewil, and have concurred in measures to rem edy it. I have favored Hie withdrawing of 1 small hills from circulation, to the end that 1 specie might take their place. I discussed tins policy, and supported it, as early as 1832. 1 My colleague, who shortly after that period, was placed in the chair of the ch cf rnsgislra [ cy of Massachusetts, pressed its considera tion, at length, upon the attention of the Leg. Mature of ihat dtate. I still think that it was a right policy. Nome of the States had begun |to adopt it. But the measures of the Admin' jistration, and ospec ally this proposed meas ure, throw this policy all aback. They undo at once all that we have been labouring to do. Such and so pertinacious has been the demand of (j’overnincnl for specie ami such new de mand does Hub bill promise to create, that the Stales have found themselves compelled again to issue email hills for the use ot the people. It was a day of rejoicing, as wo have lately seen, among the people ot New York, when the Legislature ot' that Stale suspended the [small bill restraining law, and furniahed the | people with some medium for small payments, bettor than the miserable trash which now an noys the community. The Gove nincnt, therefore, I insist, is evi dently breaking down its own declared poll j cy ; it is defeating openly and manifestly de feating, its own professed objects. And yet, theory, imagination, proaumplucm gciicraliZHtio;;, the application of military movements tn questions of commerce and fi nance, and the abstractions ot metaphysics, offer us, in such a state of tilings, their pana cea. And what is it? What is it? What is to cure or mitigate these evils, or what is to ward oft’ future calamities ? Why, sir, Hie most agreeable remedy imaginable; the kind est, tendcresl, most soothing, and solacing application in the whole world ! Nothing, sir, nothing upon earth but. a smart, delightful perpetual, and irreconcilable warfare, between the Government of the United States and the Stale banks ! All will be well, we are asaur od, when the Government and the banks be come antigoimtical! Vcs, sir, ‘ antigoniali cal!" that is tho word. What a stroke of policy, sr, is this ! It is as delicate a strata ; gem as poor old King Lear's; and a good deal I like it. It proposes that we should tread light ly along, in felt or on velvet, till we gel the I hanks within our power, and then, “kill, kill, kill!” Sir, wo may talk as much aa we pleaao about the resumption ol specie payments but [ I till you that, with government thus warring i upon the banks, if resumption should take | place another suspension 1 fear would follow. ; it is not war, successful or unsuccessful, be tween government and the banks—it is only peace, trust, confidence, that can restore the prosperity of the country. This system of perpetual annoyance to the banks, this hoard ! mg up of money which the country demands i for its own necessary uaea, this bringing n£ I the whole revenue to act, not in aid and tur ! thcrance, hut in direct hindrance and embar ■j raasmeut of commerce and business, i« utter j ly irreconcilable with the public interest. 1 We shalksee no return of former times till it jbe abandoned—altogether abandoned. The j passage of this bill will create new alarm and new distress. , i I’eople begin already to fear their own gov . * online lit. They have an actual dread” of 1 those who should be their protectors and guar i (bans. There are hundreds of thousands of ; | honest and industrious men, sir, at this very moment, who would feel relieved in their cir . j cumstances, who would sec better prospect of - an honest livelihood, and feel more sure of . Hie menus ot food and clothing for their wives f and children, if they should hear that this t measure had received its death. Let us, [hen i sir, away with it. Do wc not see the world i) prosperous uround us? Do we not ice other governments and other nations enlightened e by experience, and rejecting arrogant innova* * lions and theoretic dreams, accomplishing the great ends of society T e Why, sir, why ate we, why are ws alone, t among tin) greit commercial slate** Why are J we to be kept on the rack and tortuie df these et . perjments 1 We have powers adequate, csrni i piste powers. We need drily to exercise them ; t we need only to perform out constitutional duty; -1 and we shall spread cdnttnt, cheerfulness and joy T over the whole land. ’ [To bt mnlinurd] \ CHRONICLE AND SENTINEL. I AllftillSTA. j 'l'Ucidny .Morning, April 17> The Bank Convention. r The New York Express of the I2th insl. , say*— i The Convention met at 12 o’clock yesterday, 1 Under the organization of November last. Samuel Hubbard, of Boston, Was chosen Pre sident, and J. H. Lockwood, Secretary. About 150 Delegates, were present fiom IS j ■States, —none from South Carolina, none from i Georgia, none from Alabama, none from Louisi- I ana, one from Mississippi,—some from Pennsyl- | vania,—but none from Philadelphia,—none from i ! Kentucky,—nil New England was represented | cicepl Now Hampshire,—none from Missouri— and none from Tennessee, ss near as wo could learn, but more are expected to day. A proposition was made to relax the rule which closed the doors of the Convention, ao as to ad mit officers of Hanks as spectators, who were not i delegates. No proposition has been made to throw the doors open to the Public. The New England Banka, it is reported, Wilt not agree to resume, unless it is ascertained, ! what course New York intenda to take us to pay i ing out its depositee in specie. 1 The Letter from the Philadelphia Banka was * read, and some discussion had, when the subject was laid on the table. A member from Maryland submitted a rcs-du ; lion calling for all the correspondcnca between ■ the New York and Philadelphia Bunks. Mr. * Gallatin opposed it, and was exceedingly warm. The subject was laid on the table. . A resolution was submitted by a member trom t Connecticut, calling on the President of the Uni ■ led States to know whether tho Go'eminent ■ would sustain tho specie paying banks or not i Cornelius W. Lawrence opposed the resolution. . Mr. Gallatin was very severe on tho measures of 1 the Government. Ho contended that their acts, | and particularly tho Treasury Circular and the Sub-Treasury scheme wore calculated to break , down the Banks, and he said that a large Na i tional Bank or something of the kind, was requi red to sustain the currency. The resolution was ’ | ~‘,th(llawn. A letter ;V.»» read from Mr. Woodbury, Secre tary of the Treasury, to an indiviJja!, dialing that the bills of specie paying banks would L? re ceived by the Government for debts. The Convention adjourned to this day. 1 A letter from Toronto Upper Canada, mentions 1 that Lount and Matthews, two prominent leaders ■ in the late rebellion, when arraigned for their oflbn 1 ces, plead guilty, and were sentenced to the gallows on the 12lh April. A letter from Toronto, under date of the 3d in stant states, that Southerland hnd been found guilty by the Court Martial, and would be executed forth' wiln We see that the English steamer Sir Lionel Smith, has at length arrived at New York, last from St. Thomas. She brings $58,000 in specie. The scarlet fever is quite prevalent in Lancst ter, (Pa.) axong tho children. The steamboat Gazelle, was reduced to a wreck, by the breaking up of the ice, near St. i Louis, on Saturday week. The steamboat Wyo -1 ming is also believed to have keen lost by a simi -1 la/ cause, at the same place. Naval. Tho U. S. ship Levant, (new vessel) Captain Spaulding, has arrived at No, folk from New York. The Columbia frigate, Capt. Reed, at Norfolk, has dropped down to tho Navy Hospi tal, From (As National Intelligence, 12 imt. Important Military Intelligence. We learn that the President of the United States, by and with tho advice of the Senate, hag conferred the Brevet of Brigadier Gen eral on the gallant Colonal Tay or, ol the First Regiment oflnfantry, for his meritorious 1 conduct in the last action with the Florida Indiana. 1 Since learning lire ibovo appointment, we have been enabled to lay before our readers the following important General Order: General Orders No 7. Head Quarters or the Army, Adjutant General’s OrncE, Washington April 10,1838. I— General Jesup having reported that the operations in Florida will have ter. minated by the let of May, and that s portion 1 of the troops will be disposable, the following arrangements will bo carried into effect as 1 soon thereafter as practicable. ll The Ist and 6ih regiments oflnfantry, I the six companies of the 2d Infantry, and four companies of the 2d Dragoons, will constitute the regular force to remain in Florida, with ' as many companies ol the volunteers or mili ’ tia of the Territory as the officer remaining j in command may deem necessary. The three companies of the 6th infantry, in Louisiana, ■ will forthwith join the Head Quarters of the * regiment at Tamps Bay. *- Hl—The four regiments of Artillery the 4th regiment oflnfantry, six companies of " the 2d Dragoons, and Ihe detachment of Mar ines, repair to the Cherokee country by ■ the most convenient and expeditious routes j from the several points at which they may : be found on the receipt of this order. The 1 troops, as far as practicable, will move by re giments, and be accompanied by all the of * liccrs belonging to each. Should any of the 1 companies ordered to the Cherokee county * occupy stations in Florida from which they ‘ should not be immediately withdrawn, they 1 will continue in position until they can be ‘ ! relieved by the troops designated to remain . in the Territory; after which they will follow 1 their regiments without delay it being impor s taut to concentrate the companies of each * regiment. J I\ —I wo S.irgrons, and as many Assis tants as the scivice may require, will be re I tamed in Florida, to be selected from those j I who have served the ehorteat period in the Territory. All other officer* of the Medical Staff will proceed with troop* ordered to the Cherokee country. V— Major General Jkbup will take all the neceaeary measure* for the prompt execution of this order, and will then turn over the com* mand of the troop* in Florida to Brevet Brig adier General Z. Tatlor, Colonel of the Is? Infantry; and on being relieved, he will repair tb the scat of Government* and resume the duties of Quartermaster Gencrsl. Vl The officer* at the heads of the sever* Hi branches ofthe Staff will make the necessa ry arrangements for moying supplying the troops on their destination, and for the ser. vices in which they are to be employed. VII— Major General Scott is assigned to the immediate command of the troops order ed to the Cherokee country, and the direction of affaire in that quarter,—The commanders of regiment* and detachments will report to his Head Quarters, at Athens, in Tennessee, or wherever else they may be established at the time. By order of Alexander Macomb, Mnjof Gencal Commanding in Chief: U; JONES, Adj. Gen. [rHOM OUll CORHESPONDXXT.] WASHINGTON, April 13, 1838. Mr. CAMBRELING reported Knottier bill re l»tive to Treasury Notes to day. It outhouse* the Secretary to issue new note* for tho»e which have been returned to the Treasury and cancel led. Mr. Cambreling staled that almost all the reve nue had been paid in the«o Treasury note* t and that unless they were ro issued, the Treasury would bo without moans. The bill wa< refcired to the Committee on the Whole. This day war appointed for the further consid eration of the Bill establishing a Board of Com missioners to examine and decide upon claims against the United States) but on motion of Mv. I Whittlesey, it was postponed, and made the *p e . cial order for Friday next. Tho same gentleman made a proposition to devote this clay after the m.jrning hour to such bills as would excite no debate for the purpose of disposing of as r;,ahy as possible. Mr. \\ ILLIAMS of N. C., objected to this system of dumb legislation. Mr. Cambrcling thought it any thing hut dumb legislation, since a word would be sufficient to kill a bill! A member had only to say “/ ob jeel” and the measure would be passed by. (This is a fair sample of the wit of the Chancellor of the Exchequer.) The Bill to extend the charter of the Union Danl* of Georgetown in this District to the year 1842, for the purpose of winding upits concerns was then taken up and passed. i’hc House proceeded to the consideration of private bills : and was engaged in business of that character until the hour of adjournment. In answer to a question propounded by Mr. Johnson of Maryland. Mr. Cambreling said the amount of notes authorized to be re-issued by the bill InJ rppor'ed this morning was to be equal only to the amount of those returned and cancel led : and that tho e’H v" l * not intended to super cede the Bill authorizing the ijsii? of Ten Millions of Dollars of Treasury Notes whicn ho reported some time ago. It appears therefore lu?t more and more money is demanded to meet the | of tho Treasury. In the Senate, .Mr. McKean presented several memorials signed by upwards of eight thousand citizens of Pennsylvania praying that the Treaty of New Echota with the Chciokee Indians be not enforced against them. Mr BUCHANAN presented eleven memo* rials of the same character signed by upwards of eleven hundred citizens of the aame Slate. Al( these memorials were laid on tho table. Mr. Buchanan presented a series of resolutions adopted by a public meeting in Penn., condemna tory of Duelling, and urging the adoption of le gislative enactments for eupprossing the practice. Laid on the table; as a bill for that purpose has already passed the Senate. Mr. NiLES offered a resolution instructing the Committee on the Judiciary to inquire into the expediency of defining and limiting tho ten ure of bureau officers, and tho appointments made by the beads ofthe Executive Departments, A dopted. Mr. NORVELL withdrew after some conver sation, hw resolution for deducting from the per diem allowance of Senators tho number of days for which they may be absent without leave, un less prevented from attending by their own busi ness very few were found to support it. The Bill for graduating and reducing the price of the public lands was then taken up, on it* third reading. Mr Calhoun opposed its passage. He maintained that the alternative was either •o adhere to the land ayatem of the country, with out alteration; or to make s cession of all the pub lic lands to the Slate*. He could not support any measure to alter the system while the lands are in possession of the United States. Mr Buchanan also made a short but very forcible speech against the measure; and pro ved that it would ensure to the benefit of spec ulator* and monopolists. Why does not the Globe include Mr. Cal hottn, and Mr. Bnchanan, and Mr. Roane of Va., Mr. Williams of Maine, Mr. Wall of New Jersey, in its denunciations against the opposition to this measure ? When it is as sailing Mr. Clay with every species of calum ny because he has raised his voice against this system of plunder I The Bill was passed Ayes 27, Nays 10. The Senate then proceeded to the conside ration of the private Bills; and was engaged in business of this character until the adjourn ment. M. Specie. —This glittering and useful article is pouring into our city—the lap of Ameri. can commerce—from oil quarters. During the last two days, there were received from Havana, one hundred and cighty-thrce noun loons, and one hundred dollars in silver; and from Mexico alone two hundred and ser enty seven thousand six hundred and ninety six noi.LARS, besides large amounts in hard ; money have been received from the upper ; 1 country. It must be, therefore, that next fall, i at least, limes will be softer, easier, and New Orleans he thereafter the glistening scat of rational enterprise and real wealth, when r£peat "' e descri P tion - tuittern and [h ‘ Pi'" our * AoIE em P“rium, which we had Phrenology, The bump of Punctuality. -For the benefit of the Augusta Benevolent Society. Obeerve ! —on Tueaday the 27th init. at half paet aev cn o'clock, in the evening, at the Maeonic Hall, Dr Callyer invite* (he (.die* free of charge, end gentlemen 8S cent*. Subject—The diatinelion between mind and aoul, and are talent* nature) or acquired’ Match 26.” The ah »»*advertiacment. it i* to be preaamed, drew forth aonre ol our citixena to the Meaooic' Hall. At a meeting held on Friday night the 13th the Treasurer of the Augusta Benevolent Secie. »y. »4s asked what amount he had received a* the nß't proceed* of the evening referred to, and he replied not one cent. _ NO PHRENOLOGIST. marine intelligence. ' HAULKSTON. April 16, Arr nn Frill,. . • Hiv. S n«‘T’ }■' hn *’ Juhn c Calhoun. Vi" do ’ LrSV,ford do: »>'■■ w >loiington, tlird T, 'hip Helen, Butman, I.irerpool, •«h r m.vvr'o aS "' .t,am packet N Y Spin. P.iKct Y N^Sr.wV,m^''C’ Sl *■*•"* Owens tiZZJSr'™*' Ucarcd on Saturday. ship Mcdora, Budd Urernool ,0 "'aihingtou’i Btrge, Williams Ems'dr™' ,Ch " Jll *’ llm T " ck «' r N v .Chr Klixabctb IVOTICE.-All person* indebted to the eat,.* J-N of Oeerge G. Bass, late of Burke county, d„ r< T*‘ ,e<l •<* make payment, and lima, having demands are requested to render them in « r e °np7n RW.BASS.Adm', L 'SFJP? * X .übscribe^flim U.rka . lhe , land r hcr, ' ,m now lives, m „ ; k0 co .'«|W. in the settlement of Bark Camp, roe "Hmngsix hundred and five acres, on which there iis a comfortable dwelling house, and olhev necessary bouses, nnd a good store h, ms e plan tation in good repair; possession can be had in January next. i hose who wish to pur chase would do well to call nnd »ee f„r tlirm “olyc- JOHN LODGE. _ Burko county, April 17, 1838. 4t (VOfiCE -Brought loTam-obrJniTVn'tite . 31st A/aroli lasi. Two Negro fellow-.-Jim is about five (set high, dark complected, twenty one J or two years of ago, and says he belongs to Joseph * //nbhersl.ain; of /Jabbersbam County—the other about the same heighlh, and complexion, near the I ? ame - w, i" " a y»*ih name i» Juno, and that he b«- | longs to Wm, Klimt, of th„ ia :„e Comiiv—Tho | O "itori are hereby notified to come, p«v expenses and lake them away \V9f. REYNOLDS I Aprd 17 ‘ TVTOTICE.—The undersigned wii receivepri pt'sals, lor Painting and White Washing the inside of the City JAul. Tho wood work to be painted with two good Coats of such colours as the Commute, may select, nnd the Plastering to be white Washed with one,—all to he done in the heel manner. Proposals hi be received until Suture day 10 o'clock A. M. ‘ u B. HI [WARREN,, ) W- Ei JACKSON, f Commitlee. L.. V’. DUGAS. V April IG. 2t WILLIAM 11. CRANED has jtist received* black and blue Mack Gro de Swiss, stipe; black Gro do Paris, elegant satin striped' French Mnslii j,lrish Linens, fine long lawn,cl agent French worked collars, very fine plain nnd figured twiss muslins, si'k and’ cotton umbrella*, llgnerod and plain parasols, embroidered and marsoiljes skirts small and large corded do. Swiss, book, jaconet nnd nansook muslins, plaid stripe, sprig, nnd lace mus lins, fine bombazine, small figured calicoes, and french cambrics, fins embroidered; cotton hose french and eng,ish do. thread, hob,net, ihrfht and blond laces, elegant figured snltins and silks, fine bird eye diaper, damask fable doihs, B=l and 0-4 I table diaper, (lim y handkerchiefs nnd searfe, ehally riuw' on<, i brown linen#, tshirting, sheeting, b«d fick*4 drilling, ~'jW'las, ir, together with agn at variety of other article* v»,o' r h will be sold low. at No 23;1| Broad street, next uOof above tho Georgia Kail Bond Building. npril 17 SALT. —Tho Cargo of the .Ship Eli Cohulney is expected in all this week, nnd will be sold by the boat load at the wharf if a fair price esn ba obtained, apply to I). F. HALSEY^ • pril 17 31 B~ ELL’S SPECIFIC SOLUTION of Sar sapnrilla. Juniper,'and other ingredients, high ly recommended by scientific men; a positive and speedy dure for all urethral discharges, gonnorrhms. gleets, spasrrotlic,strictures, nnd irritation of the kidneys, bladder, urethra, and prostrate glands. The particular ingredienrs of which the above solution is composed, are such as are highly appro ved of by the Medical Faculty, which are so com pounded by a peculiar chemical process, as to have each i.igredient increase the power and efficacy of tho other, and thereby render its operation in the above mentioned disuse truly astonishing to all' those who rases the Solution, and exceeding their; most sanguine expectations. For sale by * ANTONY <t HAINES. Sole Agents for Augusta. April 17 LEARY Ac Co’s. HAT WARDROOMS, j No. 3 Broad street, nnd 4 As tor House’ «|| J Broadway, New York. The subscri- Met bers, (or several year* past, have hsrf J&VHS many and urgent solicitations to supply orders at wholesale, and have been obliged, almost uniformly, to declms.ra consequence of the demand at retail being as much, a *nj m many instances more, than they could meet. In establishing a branch sales room at the Atfor House.it became necessary to enlarge thsir Amah mg establishment, and in doing so they have mod* such arrangements as will enable them to supply *o a limited exlentorders at wholesale. Their sales must in a measure be limited in cod' sequence of their determination to adhere strictly to> the principle heretofore pursued, of keeping no slock ahead, which regulation has been one means of giving them the advantage over the large and ns pcctnble houees, in being in advance with the fash ions, having no old stock on hand to deter them from anticipating the wishes of the fashionable pub lie for a change when called for. Each and every hat will bo finished expressly for their rerail trade, and order* at wholesale will be taken from them, without any selection, except of sizes. By'this means the retail dealer will receive the (pH benefit of our facilities and exertion* in bringing forward tho latest and most approved' fasnions. Having attained their colobr ty not only by fur nisliing a superior article at a reduced price but by a strict adherence to a system peculiar to them selves and novel in this country, they would avoid any thing in making this arrangement that should imerlere with that systen . Selling but one quality of hats, and the greater part of our customers being ronnnoisseur. of the article, whose nice discrimination can defect the 'wT. 1 In lta qunhty, beamy, or general char actor .or true taste, we propose anpplviin' that part ol lbs wholesale dealers with an assorim ~t intended lake orders* for h P " rl,CuUr 'Corners We .hall not take orders for hats varying in qnnl'tv or stvls from those retailed by u. at the time ?he order is revived I or lhe information of those unacquainted C with he mutant,on of their Cahlishmcrn moF.Zx tftS! re,n,,rks from ' he 1 on *°" “The progress which the American, have mads in Sf'oral branches ol manufactures is real I v as £"hJ United iZ } 'T " g0 I there "O' chatter worn hv a Wh 1 00 " uld maxea hat fit to be hatTof » !,!!! • dre *“T and consequently all countrv ” P« rio r quality were imported from tins I • * K rfi, it change has taken place. We st f l ? a B l f >eßllnell gentlemen's hats manu tac ured by Leary & Co. of New York, which are equa . it not superior, both as respects shape and 2mm tv ’ 'V. u' VBI ?’ 11681 " md, ‘ ,n nnv I’ art of »hi« I r OUnt P Although the mafenal# are chiefly gent 1 r / >Tn n aJ a nd. they are sold, retail, about one-third cheaper than m London." march 38. *w "m TO IIIRi;, a goriii t 'ook,*(or "hich liberal biro will be paid Apply at thißoffi' p* It april U