Chronicle & sentinel. (Augusta, Geo.) 1838-1838, April 21, 1838, Image 1

Below is the OCR text representation for this newspapers page.

v WIUUI E - Jo^'ES * AIWUSTA, «KO., SATURDAY JtORAIAG APRIL 91, 8 838. [Tri-weekly.J-Vol. li.-Xo 48. ■ ■■■ ■ mm i .in Published DAILY, TUI-WEEKLY AND WEEKLY, .it .Vo. Broad Street. Terms. —Daily pnpei, Ten Dollars per annum in advance. Tri-weekly paper, at Six Dollars in advance nr seven at the end of ihe ywar. Weekly paper, three dollars in advance, or (our at the end of the year. CHRONICLE AND SENTINEL. AUGUSTA. Friday Morning, April 20. - 1 ~ - ~ ; •> YJy reference to our advertising columns it will bo seen that Messrs. Thompson and McCafferty, intend starting a Literary paper in this place un der the name of the Augusta Mitror, A publi : cation of that character has long keen wanted in Augusta and we think cannot fail to succeed.— Their materials for executing the work we know . to be first rate, and the handsome manner in which the Medical Journal has been printed is a sufficient guarantee that the Mirror, will pre % sent a handsome appearance. We understand .What some of our best Literary writers have pro- their contributions, among whom is the Vauthoi of the Georgia Scenes, a new series of fawhich will be commenced in the Minor. 11 *~ " —" " 11 ' - - J The following communication is the first of a W senes, written some days ago by a friend travell ing in the country, and as some of the views con tained in them may appear quite similar to some contained in Mr. Uiddte’s letter to Juo Q. Adams | it is hut justice to the author to say that they * were all penned before he could possibly have 1 seen that letter. The numbers of Publicola been in our office for three or four days. % ,*■.oll THE CHRONICLE ASH SENTINEL. Itcsumption of Specie Payments. NO. I. Fayetteville, Ga. April 7, 1838. v A/r. Janet ;—The anticipated resumption , f Specie |iayments by the Banks, being now a . subject of deep and increasing interest and spe / culation, I beg leave to present to the public, Bthrough your columns, some views in relation ®‘to it which may perhaps not be found wholly ■ unworthy of consideration. To commercial men ■ they may bo familiar and valueless—perhaps ■ seemingly erroneous. I know not; Having been S travelling for some months in the country,! have * had but little opportunity of hearing their opin’ Lions, while, in my continual communication with the country people, of all classes, I have been greatly surprised at the delusion and misap prehension which prevail, even among the re flecting and intelligent. Nay, more ; even some respectable newspapers I have occasionally met i with, seem to look upon a resumption of specie payments ns a matter of course, on the part of the Banks, and fraught with no serious dillicully | or danger, at least to the country, or the great k- mass of the community. Like their readers in 3 the country, they look only to one side of the r question, and view its difficulties and dangers as 1 Bank mailers, exclusively, and worthy only of J the consideration and alarm c<f Ihe Banking in -3 terest. None, that I have met with, seem to 1 comprehend or consider, the general consequcn i ces of a struggle between the people and the S Banks—of a run Upon the latter for specie—or | of destroying or weakening that general spirit of I mutual forbearance, confidence, and aid, which J How so happily prevails and which I confidently | believe is doing more for the general relief of the | country, and improvement of the currency, than t can any other stale of things whatever, and espe | daily, any /'on i resumption of specie pay | splits'. | ■ * . If I thought, with others, that the difficulties t to bo apprehended would fall only where they P eoem to anticipate, I would now be silent.— Like (he great mass ot the people, with whom my interests and feelings are Identified. I owe the Banks no gratitude, respect, or regard. From my earliest opinions respecting them, to the prc« sent moment, I have been, thoroughly and deci dedly opposed to them, and have never neglected any just and proper occasion,, to weaken their tremendous and dangerous influence. To pre serve a rigid consistency of principle and prac tice, 1 have tesisled all the temptdtidns of in ; terest and convenience which their forced anil ® I i , oppressive system occasionally holds out, more oi less, to all ; and since I owe them nothing, (or any one else,) have no favors to ask of them, or any thing to dread from them, in any event, | and can have no motive of interest for endcavor i ing to avert present hostility on the part of the I people. Were the great mass of the people as | free from obligation to them, and thereby the I consequences of such hostility, as I am, 1 would * b® among the first, as 1 have been heretofore, and shall be again, when the present difficulties have ■ passed away, to encourage and promote it. None has labored more earnestly and industriously to shew the people that they must of necessity suf fer, and that severely, sooner ot later, for the re gard ami confidence they have extended to them; . and if the general ruin and desolation shall oc- LA:ur which I shall endeavor to show will be the consequence of the apprehended strug gle 'for specie, between the Banks and the peo ple, the latter will have none to blame so much as thomselvea. Against the earnest entreaties, arguments, and developemcr.ts of their disinter, ested »n‘d sincere friends, they created and fos tered th'ertl, and seized with avidity upon the delusive “ jiiOmises" of wealth and prosperity which thej-offered to them. Despite of all re monstrances, they must needs set at nought their true and tried faith, to run after false gods, who •called upon them to barter all the good they, bad inherited and proved, for the desperate chance of something belter, which they prom~ ited.” The ••veiled prophet" became their idol and their hope : If the dropping of the “silver veil” begins to devclope bis true features in all their hideous and disgusting deformity, what is there in them more than they had every just rea son to expectl And if, when driven to eilfrmitics, he should tauntingly tell them, in their writhing agonies, "\ e would be dupes and victims, and yo are," i what can they answer in dania! ' Since, then, the present and probable slate of 1 things is the natural and necessary result of their own folly, let them not (orget, in censuring or pressing the Hanks, their own share of account ability, and that, whatever may have been the misconduct of the former, forbearance toward them, under such circumstances, becomes a posi tive duty. That it is no less their interest, too, I shall presently show. * All experience proves, that evils of slow and ’ gradual accumulation can Only bo slowly and gradually corrected, with any thing like proba ble safety and success. Such arc the evils of the 1 Hanking system, which has regularly advanced to its present bloated, enfeebled, corrupt and tremulous condition, under a Jong course of po pular and legislative stimulus. In that, as in 1 the human system, such excess cann abe aured I by any forced or sudden action. Time, Alone, with judicious aid, can remedy what lime has effected ; and even the stimulus itself must not be all at once discontinued, but gradually dimin ished, lest the patient sink and perish from sud den depletion. I allude, here, not to the Hank ing system alone, as so designated, but to the 1 general pecuniary interest of the community, which lias become so interwoven with it, in every part, fibre upon fibre, as to form, as it were, a part of it, so that both must, for a time, stand or fall, prosper or fail, together. The Banking system can survive its present difficulties only by the forbearance of the public; and the public interest can be saved from widespread ruin and desolation only by the continued aid of Hank discounts, poisonous and stimulating though they may be, as a general principle. The circulating medium and general business of the country have been made too utterly dependent on such stimu lus, to hear, without complete paralysis, a sud’ 1 den and entire abstinence ; And what is to pre vent such abstinence, of necessity, if the people ’ run upon the Banks, when specie payments are resumed!, When the people press the Hanks, the Banks must press the people. How can they avoid ill ’ The Banks owe the people, and the people the Hanks—a mutual indebtedness, to be re , moved only by mutual aid and forbearance. The Banks cannot pay the people, unless the people pay the Banks, and vice versa. Hos tility, on either side, must produce hostility on the other, and mutual hostility mutual injury, if not ruin. What would they struggle for, but that which neither has got —specie >' The Banks have not specie, at least in anything like sutfi | cicnt quantity to meet their redundant circulation: Nor have the people, with very few exceptions t by whom it is hoarded up till the present difficul- ties shall have passed away. Where, then, is , the use, or reason, of such a struggle! What s good can possibly bo derived or hoped from it! j None seem to reflect, when they talk so care lessly and indifferently of drawirg up„n the ( Banks for specie, when they resum°, that if they do so, the Hanks will demand specie from them, before the contest ends What! says A., the Ba. n ks demand specie from the people! how will . they do 1 hat, I should like to know ! Why, as nothing but specie is a legal tender, when the wai commences, nttd forbearance is at an end, may not the Hanks, for want of specie to pay their own debts, demand specie* Bom those who owe them, and dt.cct the SheriiTs under execu tion, to receive nothing else—and ev.cn, under desperate circumstances, make fictitious transfers, to avoid receiving their own bills, when greatly under par, for want of specie to pay them. Hut, . says A., what if I do not owe the Hanks ! No ! matter. You owe some one, doubtless—say H , ; and be a Hank, which presses him for specie, i and thereby forces him to press you for it. When , a Hank presses ils debtors, their only resource wiil be to press those who owe them, and so on i till the pressure runs from one to the other through tbejwhole debit and credit portion of society.— Nolle will escape from it but the very few who are most wealthy, and free from all debt, who . will be made mere wealthy by excessive usury 1 upon the necessities of others. Thus, the very > rich will be made more rich, and the poor more poor—the latter, every where, but especially in the country, suffering greatly from an excessive , depreciation, and often entire loss, of the Hank Hills in their hands. I . . > Under all these difficulties, law suits, execu i lions, and sheriffs sales, will become tbe general > order of the day, and many, very many, now I comfortably situated, or seemingly rich, will be ] stripped of every thing. For though their debts e may now seem very trifling compared witli their e property, at present rates, yet when they are to a be paid by forced sales, for specie, or at specie '. rates, and perhaps under costs of suit, and when . all want to sell, and none to buy, how greatly i; reversed may seem their comparative amounts— how large the debts, and how little the properly! e To avoid, sir, pressing 100 much upon your :- kindness in a single paper, I must defer a conlin - uanco of the subject till your next. » PUBLICOLA. ’> Nashville, April 7. Fifty years ago this day, as wc learn from , one of the party, about sixty four persons lan ded at the junction of the Ohio and Masking -0 urn rivers, under the command of Gen. Kufi f Putnam and commenced the settlement of tl i- State of Ohio, in die presence of nearly three r hundred Indians, who had assembled on the opposite back of the Muskingum. The land ing look place at 10 o'clock of a bright and r > beautiful spring morning, What a change e have these fifty years produced in Ohio, its „ dark forests have been swept away before the . axe of the settler—farms, towns and cities now ' occupy the site of the wigwam, the steamboat r has taken the place of the canoe, and a pop- II ulation of a million and upwards exists on the B same territory that supplied but a scanty sub. sistence to a few hundreds of roving savages, i Such a rapid and entire change is w ilhoul a ( precedent in the history of the world I - ——— - r i i i! i n —Tiniirß~i i»i i—tt —rT The Burial of the Suh-Treasury Bill. Letter from a Locvfuco in Washington tv his political friend. “ Not u drum was heard, nor u funeral note, “ over the ramparts \vu Im.nnl." Not a worJ was said, not a speech was iiv.uk’, As the Hill through the Houno was hurried, No kindly Conservative came tu our aid, As our favorite measure was huried. The question was taken in silence and tears, Ur only disturbed by our sobbing. While terrible doubts and awful fears lu the hearts ut the faithful were throbbing. No useless amendment enuumbered tho Hill, No previous question upon ii, .. ’Twas laid on the table, deserted and still; Precisely as't cam© from the Senate. Sadly we counted the" nays” to the last, And the absent ones strove to remember ; Wesaid not a word of elections just paused, Hut we bitterly thought of November* We said nol a word in defence of it, there, We were not (to tell the truth) ably; Hut we rose front our seats in silent despair, And left it alone on tho table. • The month in which Congressional elections take place.— l’rvv'nleiue Journal. From Florida. By the schr, Vesper, Gapt. Brown, we have received the Jacksonville Courier of the I‘Jtli nisi, from which we copy tlie following;— Arrived at 4 o’clock, P. M. in tho schr. Exit, in low ol the steamer Cincinnati, on their way to Black Creek, Col. Illanhead, Lieut. Picked, Lieut. Boss, and Dr. Byrne, Assistant Surgeon, from Key Biseaync, which they left on the Bth inst. 45 Indians had come in. A military post is established there under the command of Capt. Webster, a worthy and excel, lent odicer, us we well know. The troops, say our polite informants, are in good health. May they remain so and do good service to the coun try. Gen. Jesup is indeed goby to Tampa Hay, according to the rumor mentioned in another place. Os the thirteen Indian murders, in our neighs borhood, within the last twenty days, one was an aged man, of nearly an hundred years, of the name ofSmilh,in the neighborhood of Port Mills The alarm was given by his grandson, who had been wounded and 101 l for dead by the Indians.— The old man urged the departure of the family, hut said he could not go. “If they kill me, they kill me,” said Ire, “hut I cannot run.”—The wretches not only murdered but mangled the ve nerable old patriarch! OFFICIAL. Head Quauteiis, Ahmi of tub, South. } Port Jupiter, Fa., March ”1, 1638. J ORDERS NO. 77. Par. 1. The major general commanding, returns his thanks to Colonel Twiggs and the officers and soldiers of his command for the admirable manner in which they performed the duty assigned to them this morning. Col. Twigg’s plan for surrounding and securing the Seminoles was most judicious, and such v as the prudence and judgement with which it was executed, that more than five hundred Indians, and among them about 150 warriors, were taken and brought into the camp with out the loss of a single drop of blood on ei ther side. Par. 11, The Sempiole negroes with Mica nopy’s and Cloud’s families, and Tuskegce and his family, will be taken immediately to Tampa hay. The remainder of the Indians will be sent to Port Pierce, whence they will be sent to St. Augustine as sooh as practica ble. Col. Twigg's is charged with the execu tion of this order. Par. 111. Col. Twiggs will detach a com pany of artillery from his command to streng then the garrison ut Port Piercer Par. IV'. The 2d division is divided into two separate districts or commands. Gen. Ettsiis will command that part of the division north ol Port Anne Hunlorce including the posts on the St. Johns ; and Col. Twiggs, will command the troops and posts south of tlue district assigned to Brig. Gen. Ruslis, and not included in the command of Col. Tavlor. Lt. Colonel Bankhead will continue with his pres ent command By order of Mcj. Gen. Jesup. [signed] S. A. CHAMBERS, A. D. C. & A. A. Gcn’l. Mr. V.'EBSTEU’S SPEECH—f Continued. It was, then, to overthrow protection, ,wa? it, that the honorable gentleman look so much pains to secure Gen. Jackson’s first election ? 1 commend itis candor, in now acknowledging it. But, sir, the honorable member hud allies and associates in that rally. They thronged round him from all quarters, and followed Ins lead. And pray, sir, was his object, as now avowed by himself, tiie joint object of all the parly ? Did he tell Pennsylvania, honest, in telligent, staight.forward Pennsylvania, that such was his purpose ? And did I'eryisylya nia concur in it? Pennsylvania was first and foremost in espousing the cause of General Jackson. Everybody knows she is more of a tariff .State than any other in the Union. Did he tell her lliat his purpose was to break the tariff entirely down? Did he sta'e ins oh jocts, also, to New York ? Did he state them to New Jersey I What say you; gentlemen from Pennsylvania ? gentlemen from New York ? and from New Jersey? Ye whosup ported Gen. Jackson’s election, what say you? Was it your purpose, also, by that election, to break down the protective policy I Or, if it were nut your purpose, did you know, never theless—pray let us understand that—did you know, nevertheless, that it was the purpose, and the main purpose, of the honorable mem ber from Carolina ? and did you, still, co-ope rate with him ? 'Fhe present Chief Magistrate of Ihe coun try was a member of this body in 18 JB. He and tlic honorable member from Carolina were, at this lime, exerting their united forces to the aim > f J, in order to bring about Gen. Jflck.-oi;’s t. i.tioti. Did they work thus zea • !■; , r the same ultimate end and pur,. -I■? or c; i they mean merely to change tii 1 .: (i.iveriiii-. 1 1, and then eacii tu lookout for himself ? Mr, Van Buren voted for the tariff bill of that year, commonly called the "bill of abom inations;” but, very luckily, and in extremely good season, instructions for that vole hap pened to come from Albany I The vole, therefore, could bo given, and the member giv ing it could not possibly thereby give any of fenco to any gentleman of the State-rights party, with whom the doctrine of instructions is so authentic. Sir, I will not do gentlemen injustice.— Those who belong to lariffStites, as they dre called, and who supported General Jackson I for the Presidency, did not. intend (hereby to overthrow the protecting policy. They only t ine:iiit to inulio Guneiul Jackson President, and to come into power along with him ! As I to ultimate objects, each had his own. All j could agree, however, m the fir-t step. It was difficult, certainly, to give a plausible appears unco to a political union, among .gentlemen who differed so widely, on the great and lead ing question of the times—the question of the protecting policy. But this difficulty was overcome by the oracular declaration that General Jackson was in favor of a “Judicious Tariff.” Here, sir. was ample room and verge enough. VVjm could object to a judicious tariff I Tariff men and Anti.tariff men, State" rights men and consolidationists, thusy who, had been called ptodigals; and those who had boon called radicals, all thronged and flocked together hero, and with all their difference in regard to ultimate objects, agreed to make common cause, till they should get into power. . The ghos'n, sir, which arc fah'od so cross the Stynx, whatever different hopes or purpo ses they in ay have beyond it, sidl 1111110,111. the present wish to get over, and therefore all a hurry and huddle mid the leaky and shatter ed craft of Charon, the ferryman. And this molly throng of politicians, sir, with as much difference ol linn, object, and as lil'lo care (or ■ each other, made 11 boat of “Judicious Tariff ~ and all rushed and scrambled into it, mild they filled it, near to sinking. The auiliyiity 1 of the master was uale, however, to keep them f peaceable and in order, tor the lime, for they > had the virtue of submission, and though with . occasional dangers »t upsettingi he succeeded 1 in pushing them all over wiih his long set lingxpolc. 1 “Ramonto to snbigit." ' Well, sir, the honorable gentleman tells 1 us that he expected, when Gen Jackson 1 should be elected, to arrest the tariff system through the influence of the Executive Depart ’ meat. Here is another candid confession. Arrest the tanffby Executive influence! In , deed! Why,sir.tins seems like hoping, j from the first, for the use ot the Veto. How, j but by the Veto, could the Executive arrest 1 the tariff'acts? And is it true, sir, that, at j that early day, the honorable member was - looking to the Veto, not with dread, but with hope} Did he expect it, and did he rely up v on it? Did he make the rally ol which he ; speaks, in order that he might choose u I’re - sidenl who would exercise it? And did be afterwards complain of it, or docs he complain of it now, only because it was ill-directed— because it turned out to be a thunderbolt, which did not fall in the right place? lit this reliance .011 Executive influence— sir, i declare 1 hardly can trust myself that i read or quote correctly, when 1 find, in what ’ I rend, or from whul I quote, the honorable e member from South Carolina, by his own con -1 Cession, hoping or expecting to accomplish 1. any thing by Executive influence; yet so was £ it spoken, and so is it printed—in tins reli h ance,.pr this hopfc, or expectation, founded on h Executive influence, the honorable gentleman d and Ills friends failed; and, tailing in this, he s, says, they lull back on tho sovereignty of the 1- State-’, and brought the system to the ground >* “through tho potency of! interposition;’j.by which he nicaru neither more nor less than ' Nullification. So then, sir, according to tills, e that excessive fear of power which was so rj much clicrislied by tho nullifiers, was only awakened to a flame in their bosoms, when I they found that they could not accomplish their own ends by the Executive power of the /•’resident. 1 am no authorized commentator, sir, on the doctrines or theories of nullification. Non \ nostrum. But, if this exposition be authen tic, 1 must say it is not calculated ,lo dinnn ish my opposition to the sentiments ol that school. a But the gentleman goes on to tell us that e nullification, or interposition, succeeded. By .1 means of it, ho says, he dd bring the protec e live system to the ground. Apr! so, in his i pplflished letter of Noyember 3d, he stales . that “State interposition has overthrown the i- protective tariff, and, with it, the American system." Wo are to understand, then, sir, first, that j the compromise act of 1833 was forced upon Congress by Stale interposition, or nullifies, lion,. Next, that its object, and design, so far us ; the honorable gentleman was concerned in it, 1 was to break down and destroy, foroVer; the 1 whole protective policy ot the country. ; And lastly, that it has accomplished that ; purpose, and that the last vestige of’that policy 1 is wearing away. i Now, sir, I must say, that in 18153, I enter tained no doubt at all that the design of the I gentleman was exactly what he now states. On this point, I have not been deceived. It ■ was not, certainly, the design of all who act ed with him; but, that it was his purpose, I 1 knew then, us clearly as I know now, after his open avowal ofit; and this belief governed 1 my conduct at, the time; together with that 1 pfa gt-eat majority of those 111 both Houses of 1 Congress, who, after the act of 18-J4, felt 1 bound to carry out the provistiorjs of that act, ( and to maintain them reasonably and fairly. 11 opposed (he compromise act wfth all my pmv- < cr. It appeared to me every way objections- t hie; >t looked like an attempt to make a new Constitution; to introduce another fundament- 1 al law, above the power of Congress, and t which should control the authority and dis- t crction of Congress, in all time to conic. This, | of itself, was a conclusive objection will) me; 1 I said so then, have often said so since, and ' say so now. 1 said, then, that I, for one, \ should not be bound by tiiat law more than by \ any other law, except that, as it was u law t, passed on a very important and og.luting sub- t ject, I should not he disposed to interfere with 1 it, until a case of clear necessity should arise. 1 On this principle 1 have acted since. When a that case of necessity shall arise, however, a should Ibe in public life, J shall concur in any alteration ofthat act, which such neces- . , sity may require That such an occasion may come, 1 more than fear. F entertain some thing stronger than a doubt upon tho possi bility of maintaining the manufactures and industry ot Ibis country, upon such a system as the compromise act will leave us, when it I shall have gone through its processes of re* r duclion. All this, however, I leave to the fu- j lure. , Having had occasion, Mr. President, to ( speak ofNulldication and the Nullifiers, I beg leave to say, that I have not done so lorany b purpose of reproach. Certainly, sir, I see no 1 j possible connexion, rnysoif, between their » I I principles or opinions, and tho support of i r 1 1 this measure. They, however, must speak ' h 1 , for thetfiiehci- They may In- e intrusted' llie bearing of their standard, for aught 1 know lo the hands ol the honorable member from i Jiouth Carolina; and I perceived last susion, I what I perceive now, that in his opinion there is a connection hutween these projecis of Go vernment and the doctrines of Nullification. 1 can only sny, sir, that it will bo marvellous tome if that banner, though it be said to be tattered and torn, shall yet be lowered in obeisance, and laid at the footstool of Execu tive power. To the sustaining of that power llie passage ofilus bill is of the utmost impor tance. The Administration will regard its success ns being to ihcin, whut Cromwell said the battle of Worcester was to linn—“a crowning mercy.” Whether gentlemen, who have distinguished themselves so much by their extreme jealousy of tjiia Government, shall now find it consistent With their princi- j plea to give their aid in accomplishing this consummation, remains to be seen. The next exposition of the honorable gen- I llcmaH’s.Sentipjento and opinions in his letter ' of November «3d. This letter, sir, in n curiosity. As a paper, describing political movements, end exhibiting political opinions, it is without a parallel. Its phrase is altogether military. It read# like a despatch, or u bulletin from headquarters. It is lull of attacks, assaults, and repulses. It recounts movements and counter movements; speaks of occupying one position, falling back tilioii another, and advancing lo a third; it has positions lo cover enemies, and positions to hold allies in check. Meantime, the celerity ot all these operations reminds one of the ra pidity of the military actions of the King of Prussia, in the seven gears’ war. Yesterday lie was in the South, giving battle, to the. Au strian—to day he is in Saxony, or Silesia; in stantly he is found lo have traversed llie Elec torate , and is facing the Russian and the Swede on his Northern frontier. If you look tor his place on the map, before you find it ho has quitted it. lie is always marching, Hying, lulling back, wheeling, attacking, dumnding, surprising; lighting every where, and lighting all the time. In one particular, however, the t campanula, described m this letter, differ from the manner in which those of the great Fre derick were conducted. I think we nowhere read in .the narrative of iVc.d'crlpk’s achieve., incuts, ot Ills lukiqg a portion lo cover an enemy, ot a position to,hold an ally in check, These refinements, in the science of tactics and of war, arc of more repent discovery. Mr. I'resident, public men must certainly be allowed lo change their opinions, and their associations, whenever they see fit. No one doubts this Men may have grown wiser, they may have attained to belter and more correct views of great public subjects. U would be unfortunate, if there were any code which should oblige men, in public or private life, to adhere to opinions once entertained, in spile of experience and bc'ter knowledge, and against their own convictions of their errone-, ous character. Nevertheless, sir, il mnsl .be acknowledged, that wlmt appears to boa rud den, as well us a groat change, naturally pro duces a shock. I confers, for one, 1 was shocked, when the honorable gentleman, at the lust session, espoused this bill of Iho Ad ministration. And when I first read this loi ter of November, and, in the sliovf space of a column and a feu If j run through such a suc cession of political movements, all termina ting in placing the honorable member in the ranks of our opponents, and entitling him lo lake Ins scut, as he has done, among them, il not at their head, 1 confess I felt still greater surprise. All this seemed a good deni too ab rupt. Sudden movements of the affections, whether personal or political, arc a little out of nature. Several years ago, sir, some of the wits of England wrote a mock play, intended lo ridi cule the unnatural and fi)lse feeling, llie.sen/i. mentality, of a certain Gerthftn school of lite rature. in this play, two strangers are brought, together at an 'tin. While they are warming themselves at the fire, and before their ac quaintance is yet liv,o minutes old, cue springs up and exc'oims. l<3 the oilier, “A sudden thought strikes me! Let us swear an eternal friendship!” This affectionate offer was instantly accop' ted, and the friendship duly sworn, uncliuiige able and eternal! Now, sir, how Jong this eternal friendship lasted, of in what manner it ended, those who wish to know, may learn by referring to the play. Until seemsto ino (i 6ir, that ; be. honorable member has carried his political sentimentali ty a good deal higher than the 11 gill of the German school; lor lie appears to have fallen suddenly in love, not with strangers, but with opponents. Here wo all had been, sir. contending I against the progress of Executive power, and more particularly, atiJ most strenuously, against the projects and experiments of ihoj' Administration, upon the currency. The ho- : norahle member stood among us; not only us , an associate, but as a leader. Wo thought i we were making some headway- The People 1 appeared lo be coming to our support ami our 1 assistance. The country had been roused; j j every successive election weakening the I ( strength of the adversary, and increasing our I I own. We were in this career of success cam ried strongly forward hy the current of public | 1 opinion, and only needed to hear the cheering i \ voice of the honorable member, i “Once more unto the breach, dear filends, once ' 1 more!” ~ If and wo eliotild have prostrated, forever, this j anti-constitutional, anti-commercial, anti,re. j!, publican, and anti. American policy of the Ad- ' t . ministration. Uut, instead of these encoura* j a gmg and animating accents, behold! in the ; 1 very crisis of our affairs; on the very eyo of victory, the honorable member cries out —to J the enemy—not to us, Ins allies—but lo the I | enemy—“Holloa! A sudden thought strikes ! a me! 1 abandon rny allies! Now 1 think of 1 it, they have always been my oppie.-sors! I ! | abandon them; and now lot you and me swear | | an eternal friendship!” [To bs continued,] « —mm sssa { I'O.'U.fIEUCIAL. ; MOBILS MARSKT, AFRII, 10. Cotton. —Arrived during the week G,340. ex- ; ported during won# time, 11,90!?; as follows •. i Havre, 4899; Marseille*, 838: Liverpool, 2700; I New York 8840 ; Providence, IS2 : Baltimore', ' 130 ! Portsmouth, 81.; New Orleans, 78 : Phil-’ adplphia, GO; leaving a balance on hand of about ‘ 83,000. , , The dome-tic market* generally are, ifpossi. c ble, duller than they were Inst week. There is fi not tho slightest change indicative of t return to c _ activity — The exchanges are so deeply embar- 1 rassed, that the moot gloomy apprehension can -* hardly make them worsq. Our own axarket is Isuu active.thin et cur last '-.r;-r: 1 < i —iisgja report. In the early pail of the week there war a (faction (lodine on the better descriptions. Tho prices, with tins exception, have maintained con siderable linn ness. 'l'ho sales of the week are about 3,500 bales at the annexed quotations ; Liverpool Classljiculion. Good I me nominal Middling 10 a Good Fair Uta 13J, Ordinary 8a 0; Fair 11 L U 11;,'. (Several hmited lots ot a very superior qu .lily have sold at U a MJ eerrls. ihe provis on market is in a dull stale, and tho price ot exchange on New Orleans has fallen within u lew days. It may now he quoted at 17 it 19 per cent. UAVHK MARKET MARCH 4 dll,ooo hales ot (,'ulloii arrived at Havre from the I . IS. during tiro week ending 3d of March. Ihe decline from lire Ist to the 4th, was !2 ceils lin.es per lb., with a dull and falling market, and general discouragement. niosPßCTirs of the I A. i;,G US T A Ml llt It O It, I A semi-monthly journal, devoted tu Polite Literature mid useful intelligence fjp ME suhseribrn oonlenijilale publishing in the .11. eily n( Augusta, n paper under the above title. It is customary, un such• occasions ns the press til, to (mulish to liio world a ll’ll history in udvHheeui the coming publieulion, in w hich all tliat could ho desired by its pul runs is promised, and by which expectations are raised such as are seldrm realized lint we trust Iho public have experienced the iruili e t this remark too ulten, In regard a diseusrsiuli of the merits ui mu journal, by us, ns any induce merit tu its support. Taking this view of the mat ter, we shall content ourselves with a brief mi la ment oI the intention and design of the Mirror, preferring miller to rest our claims to patronage up on the merits of the paper Used, than upun tho strength o( large promises. '1 lie Mi It no It is designed In he exclusively a i.it- KRARY journal, and will eoninin Popular Tale* p.ssaysrnHetcct, Moral Headings — Agricull-.rnl dad Hacntifw JnU II igeuce-^-Poetry — Music, (Jc. d'>' It will he the aim of (lie publishers to rnrldtT the Mtuiton, neccptahlo ns a jaunty paper, by excluding from its columns every thing like Polities, or tSee inrinnism, and admitting nothing that cun give al ienee to any class ot society. Thu flit it non will he printed in a quarto form, on a fine, medium sheet, and new neat type, each Ao. w ill contain one page oi Music, arranged cither fir the piano-lurtc or guitar. The columns of the All r iton arc tendered ns n medium lor the publicationol all approved lilcrnry compositions,and we are not wi.hom. cimfidonco in the belief lent there is literary lalenl and taste enough among .air own citizens, to furnish it* pages w ilh a goodly portion of matter of home production. As it is contemplated to issue the first Me. early in May, wo would request those who led disposed to contribute to Iho Mirror, to send in tlreir eum inimicaliiim before the first of lieu ni nth. TERMS.—Three Dollars in advance, payaldo on the delivery of Mite second Nu ICr.lny of our friends furnishing us with a list ol (Jen suhsi fibers will he tntilllcd tu u copy ol the pa per free of charge. W M. T. THOMPSON. JAS. McCaFFERTV . npril ‘2O, 1838 F.ditors will •on for a favor by giving the above prospectus u few insertions. JFDIIMTURE—AT GOSTT" K. IF. TOLMAtVS Cabinet Fiirni 'b lure Ware Unonis, No 127 Broad \f*\\ street, near the l.owur market, Au gusta, <(a. The suhicriber returns his Rdicore lliiiiiks to the citizens of Augusta and its vicinity lor llic lih crulilv already bestowed upon him, -d ■ .' inil hopes by Ids exertions (hr Iho accommodation of his customers to merit a coniiu iiauce of the same, lie is ibis day receiving a now supply ol Splendid Furniture, direct bom ibo manufactory of Bartholomew, Al press, A. Co. warranted to boos the best mnienals and’'work manship:—Consisting in part of Secretaries, and Hook Cases, superior center and pier Tables, wiib Egyptian and Italian marble tops; elegant card, breakfast mid lea Tables; ladies work and dres sing Tables; Union a s with mirrors; wiib and without marble lops; U'nsli stands wiib Egyptian and Inrliuo rnaiblo tops; Chairs of various pailurns, rocking chairs, Ac.; high jurat and French Urals toads, die. Ac. Ho bus also a grind snjiply of Mrittrasscs rib band. The above slock is well w orth the aiiemionof purchasers, who pro .must respeclfu'ly invited to cull arid examine for themselves. CLOCKS. Tho largest Assortment ol Clocks in the south ern country; brass eight day and wooden lill hour clucks of the latest pullers. Looking glass plain. A variety of Lithographic prims, in frames, iu clutl tig full seta nl nil tho Presidents. A largo lot of mahogany spool stands; do ib» • .knob ; The above articles are obered at wholesale or retail. N. 11. Dealers in the above articles, nnJ all kinds of Cabinet Furniture, Clocks, Ac. will bo (urn is lied on as good terms us con bo bad all be North. April iiO I.IC AIIV A Co’s. HAT W All E.ROOMS, 4&!% "I No. 3 l!road street, and 1 Arlor House* I Broadway, New York. The subscri hers, lor several years print, have hud aKjjSSjjfr many and urgent sole ilulcins In supply orders at wholesale, and have been obliged, almost uniformly, to decline, in consequence of the demand at retail being ns much,and in many instances more, than they could meet, lll.establishing n branch rales room at the Aslor House, it became necessary to enlarge tluar (bush ing establishment, and in doing s) lltey liuvcrnarle such urningf merits ns w ill enable them to supjdy to a limited extent orders at w holesalo. Their sales must ill a measure bo limited in con sequeiiee oftlieir determination to adhere strictly to lire principle heretofore pursued, ol keeping no stock ahead, which regulation lias been one means of giving them the advantage over the large and res pectable lames , in being in advance with the l.ob inns, having no old stock on band to deter them from anticipating (be wlsbesofth luabionuhlo pub lie lorn change when called tor. Each and every but w ill be finished expressly lor their reruil trails, and orders at wholesale w ill be taken from them, without any selection, except ol sizes. By ibis means Ibo retail dealer will receive the full benefit of our facilities end exertions in bringing forward the latest and most ajij,roved fashions. Having attained their eelebr ty riot only by' fur nishing a superior article at a reduced price, but by a strict adherence to a system peculiar lu them selves and novel in Ibis country, ihey would avoid any thing in making tins arrangement that should inlerlere with that sy’sleir . Selling but one quality of bats, and lltegrenur pari ol our customers being couimoissours ol' the article, whoso tii-c discrimination can detect Ibo least defect in its quality, beauty, or general char acler for true taste, we propose supplying that part ol die wholesale dealers u till an assortment intended for their most particular customers. VVe shall not take orders lor bats varying in qual ly or style from those retailed by us at the timu the order is received. . LEAKY A cV For the information of those unacquainted with * tho reputation of their establishment, they aJITIWr* the following editorial remarks bum ibo London Morning Herald ; “The progress which the Americans have inado in si voral branches of manufactures is really as tonishing. A fovv years ago there was not a butler in tho I liited Slale.v who could nviKua hat fit to ho worn hv awell dressed man,and consequently all hats of a superior quality were imported fruit! this country. A great change has taken place. VVo have seen n specimen ol gentleman's hats manii laetured by Lo rry A Co of New York, which lire equal, if nut superior, both ns respects shape and quantity, to the very best made in any part ofll is country Although tire materials are chiefly scot from England limy are sold, retail, about aim-third cheaper iharr in London ” march 28. svy tin L.NTUCK V ii AC Xb 113 I’v. Kentucky fbigging 7 Boxes Tnrrms pound Lump Tobacco On fomugniuout. For hale by April I,'lh Ot \VJ|. fiOSTIHCK