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I =■ — (v| i ijiw] ~%k Tt -=—"—■ d'^TJSJU^ . , x £•:. jokes. x I Published DAILY, TRI-WEEKLY AM) WEEKLY, | Jit JVo. Broad Street. Terms, Daily papet, Ten Dollars jut annum in advanre. Tri-weekly paper, at Six Dollars in advance or seven at the end of iho year. Weakly paper, three dollars in advance, or (our at tiro end n the year. The Editors and Proprietors in tins oily Uav. idoptcd ike following regulations : 1. Alter the Ist day ol July next no subserip ions will bo received, oul of the city, unless pan, n advance, or a city reference given, unless tin lame be forwarded by tin agent of tliu paper. 2. After that dale, wo will publish a list us those vho are one yeara or mote in arrears, in order to at thorn know how their accounts stand, and all Imse so published, who do not pay up theirar ears by the Ist of Jan. 1839, will bo slnkon oil ho subscription list, and their names, residence lid the amount they owe, publish oil until settled' teaccout will be published, paid, which will aa wer as a receipt. 3. No subscription will he allowed to remain □paid alter the Ist day of January 1839, more mn one year; but the name will bo slrikeu olf the st, and published us above, together with the mount duo. 4. From and after this date, whenever a subseri sr, who is in arrears, shall be returned by u poet aster as having removed, or refuses to lake bis iperoutoi the post office, his name shall be pub ihed, together with bis residence, the probable ace Me has removed to, and the amount due; and lion a subscriber himself orders lus paper disc-.in lued, and requests his account to be tbrwarded, «liall bo forthwith forwarded, an 1 unless I id up withina retwohaM-. ~mo rtho facilities of 8 mails being taken into consideration, .oi.i ,n it mice of Ins residence from Ibis place) lus name, dthe amount due, shall be published as above. 0. Advertisements will be inserted at Charleston ices, with this difference, that the fust insertion 11 be 75 coils, instead of 00 coots per square ol elvo lines. . Advertisements intended lor the country, should marked ‘inside,’ which will also secure llioir icrtion each lime in the inside of the city paper, J will he charged at Iho rate of 70 els per square the first insertion, and 00 cents lor each subse snt insertion. II not marked ‘inside,’ they will [placed in any part of the paper, alter the first jtrtiou.to suit the convenience of 1 lie publisher, 1 charged at the rate of 70 cents lor the first in tion, and 431 cents for each subsequent inser '■ All Advertisements not limited, will be pub led in every paper until forbid, and charged ae- < ding to the above rales I. Legal Advertisements will bo published as own per square: air’s and Executors sale of Land or fegroet, GO days, §5 00 Do do Personal Property, 40 ds. 320 ice to Debtors and Crs, weekly, 40 ds. 3 S 5 Uion for Loiters, 1 00 do do Disinisory, monthly C mo. 500 tr month Notice, monthly, 4 mo. 4 00 liould any of the above exceed a square, they I be charged in proportion. From and after the first day of Jan. 1839, \ nearly contracts, except lor specific advertise- , ts, w ill be entered into. ). We will be responsible to other papers for all erliaements ordered through ours to bo copied i hem, and if advertisements copied by us Irom r papers will be charged to the office from ( till the request is made to copy, and will receive for the same, according to their rates, and be 1 ousible according to our own. 1 . Advertisements sent to us from u distance, | i an order to be copied by ol tier pnpefßVTiiuu-j, mpauiod with the cash to the amount it is j •ed ihey should be published in cuch paper, . responsible reference 1 IRONICLE AND SENTINEL. 1 AUDdAUW'IT t Monday Morniug, Jiiiie lL 1 ' ~~ Bank Dividends. The Central Rail Road and Ranking Company anil the Marine and Fire Insurance Rank, last week, declared dividends at the rale of eight per cent per annum, for the last six months. The Savannah Insurance and Trust Company has also declared a dividend for the last six months, at the rate of ten per cent. The Hillsborough fN- C ) Recorder, announces five candidates for the Legislature m P-mon county, of which, four ate Van Rurcmlcs, anu says that all of them arc in favor ol a Lulled States Rank. _ . Specie Payments. \t a meeting of the officers of the Ranks ol Baltimore, held on the 4ih inst., it was determin ed to ask the Ranks in the Eastern, Southern, and Western States, to moot in Convention cith er in Raltiraorc or Philadelphia, in the course o the ensuing month, for the purpose of fixing on an early day for the general resumption ol specie payments. Nearly all the Loco-Foco papers in Kentucky have died for want of support. The Frankfort Argus, Amos Kendall’s old paper, recently “ shuf fled offits mortal coil.” The Louisville .lounm says, “ it lived a miserable life, and d.cd a miser able death.” Sir George Arthur, Governor of Canada, ha issued his proclamation in relation to the burn ing of the Steam Roat Sir Robert Peel. He cn joins upon the inhabitants of Canada the strides forbearance, and to await’the action ol the.U. S Government. The Louisville Journal says, that the sale c $1,225,000 of Kentucky bonds recently eikoied will furnish an abundance of Eastern exchang for Kentucky, and greatly assist the Koutuek, banks in the resumption of specie payments. Connecticut Legisi.atuiie.—' This body at rnn.l due die on Friday, the Ist inst. alter sesB ion of lour weeks. The New Haven Herald stales that the expenses of the present Legislature arc upwards of £O,OOO less than those of the last. Destructive l ire in Nantucket, the following letter, giving an account of a destructive free at Nantucket, was received in Boston on Monday the 4lh inst: NANTUCKET, June 2, 1838. “Messrs. I take up iny pen for a moment to acquaint you with a tremendous lire which broke out irr J. James’s steam rope-walk, on South Beach, so called, about 3 o’clock this morning. 1 It spread very rapidly —and in about three hours dnd a hall it entirely demolished about 25 build- Thrs— among which were the rope walk, three larae oil and candle manufactories, besides some smaller oncs-a boat-builder’s shop, and ten dwcl. ling houses, besides a number ol other buildings. The quantity of oil connected with the sheds in this section of the town was very great, iue loss cannot yet be ascertained hut it ts gt .it.a.g. thought that it cannot fall short ol front three to four hundred thousand dollars 1 lex pci .a pm of the property was insured. On some ol it there was no insurance. The engines arc yet on tliu ground.” ***• . -~~t —___ 1 I'ui.t utir Conojinudfhl. , . , Washington, June (sth, 18.18. 11l the Senate to day, a Message, which was iccivcd from the President yesterday, during the -.xccut vo session, in relation to Indian Allans was ordertlcd to ho printed and referred. ’ the nl, "m’ ,ho 1° ,ocl Comi, '‘“«o to whom lo.uhject had been referred, made a report in , luaiv t 0 lllu occupancy of the Oregon Terri lory, accoriipanied by a bill. Ho gave notice Hut he would ask tor the consideration of tho i subject at an early day. j ■U'. U iiiuitT, from the Committee on Finance reported hack tho bill from tho House niakin ’ i I'propnations lor suppressing 1 idian Hostilities! lo was instructed by the Committee to ask the take up lllislJi!1 to-morrow. 1,10 Col| imilteo on Po’sV • nU , ost -Roads, reported a bill author!. ' * "? 1110 o ;«l'loyment of an additional number of ebrks ... tho General Post Office: and the AuJ d.tor s Department thereof. Another evidence of Jtetrenc/iniau / Mr. Wiiitb introduced a hill to regulate the 1 mode of mipannolling Juries in the cfreuit and D.slrtc Courts of the United States. Air. Denton from the Committee on Military i A Hairs, reported a bill to authorize the President , to accept the services of volunteers. J, Mr, JjVon, of Michigan, ollerod a resolution a calling on the Secretary of War for the letters of Gcncra.s Scott and Brady, and of Major Garland, S and such other evidence in tas possession, as ® SS&jTo? VOr “ J ' ° rrcfulo,ho charges made - Mulllumj, 11, an official report in ptbroo*.. i„ , ' ' A t Mill cMitiva ,1 1.-.. is * * L ' • in t At the suggestion of Mr. Preston, the lesoiu lion wan laid over lor one day, , * *? e from lll ° House in reference to the ■territories weic read twice and referred. The Senate then proceeded to the consideration o! private lulls. THE NEW TIIEAStJUV CIHCUX.AU. Mr. Weusteii oflbred the following resolu tion : I '•Unsolved, That the Secretary of the Treasu ry communicates to tho Senate a copy ol any or. dor or Circular, issued by him to tho collectors or receivers of public money, since tho passage of tho >nmt Resolution of the Ist of Juno 18J6, “rela tif*c to the public revenues, and duos to tho Gov ernment.” It lies over one day. 'This day was sei apart by the House of Rc~ ' * prescnlatives for the consideration of hills relate mg to the Territories; but the indefatigable chairman of the Cotnmitleo of Claims, Mr Wit -1 ct-sEv, ol Ohio, obtained leave to report a num ber ol bills for the relief of private individuals. , On motion of Mr. Thomas, of Md. the com- , raittce on the Judiciary was discharged from the , consideration of the petition of Stockton & | Stokes, and leave granted the petitioners to with draw tho papers. Ihe same committee were discharged from i the Senate bill providing for the revival of the I charter of the Medical Association in the District J of Columbia; and it was referred to the District i Committee. I » i • i • _i* .. T i «• pons of entry at Jersey city atiu hi at sCey West. Th« Senate bill for the relief of the Directors H of the Mississippi and New Lngland Land Co. » was reported to the House without amendment. The Committee on Public Lands made an un« y favorable report on the Joint Resolution for ji r cw^o%^ u aV{ f MiUa(#fTf^^f/ai fi ny. The consideration of the measure was postponed till Monday. 11 After some business of a private character, the n House proceeded to the consideration of the bill f to divide the Territory of Wisconsin, and cstab- t< lish the Territory off away. . 1 After a long and desultory discussion on the p details of the measure, a motion was made to Jay it on the table, and rejected—Ayes 43, Nays 134. The bill was then read n third time, and the a question being put on its final passage, was car-- u ried in the allirmativc —Vfeas 118, Nays 01. So the bill was passed. J The House then resolved itself into Committee * of the Whole, and look up a number of raised- r iareuus bills respecting the Territories, which were severally passed. M. j Washington, dune Tib, 1838. 1 In the Senate, to day, Mr. Lvon presented a memorial from members of the bar, and others in Michigan, praying the removal of the United States Court from Detroit to a more convenient * On motion of Mr. Sevier 10,000 additional copies of the Report, in reference to the occupan. cy of the Oregon Territory were ordered to be printed. . . Mr. Wright' from the Committee on r trainee, reported a Hill supplementary to the act of March 1835, to establish branches of the U. S. , Mint. Mr. Morris submitted a Joint resolution in* I strut ting the Committee on the Public Lands, to Inquire into the expediency of ceding to the State ’ of Ohio, all the public lauds remaining unsold within her limits. NEW TREASURY C IRCUX.AR, ’ The resolution offered yesterday by Mr. Web» • steu, calling on the Secretary of the Treasury, - fur a copy of any Order or Circulat he has issued I since the adoption of the resolution rescinding the Specie Circular of July 1834, was taken up, and adopted. , , The resolution offered by Mr. Morris, lor ad journing Congress on the 2d ol July next, was 1 laid on the table, after a short discussion. , The Senate then proceeded to the consideration a of lira. Hill from the House, n. .kii.g_apprepna , rions for suppressing Indian Hostilities, which, 1 after a discussion on the general Indian policy ol the Government, between Messrs. Wehsteh, Preston, Ceay of Ala., Strange, Lu.rpk.in, " Suutha iu, and White, was oulered to he cn a grossed and read a third time. The Bill would i ? i ..... ......I Kiyl Mr Hi-it nil'll KHill thill have been passed, oui mr. huiuuud iu.m, his friend Mr. Ukxton wished to address lire Se nalc on tiro subject, liut was now absent. This delay will of course be charged by the infamous Globe, to the “rascally” opposition! In the House of Representatives the Joint Re solution reported some time ago from the Com mittee on Commerce, requiring the Secretary of Wat to furnish at the commencement ot the n „ xt Session of Congress, a list of all the surveys which have boon made, ul l.alus Lne, Huron, Michigan, Champlain, and St. Clair. The question pending, was on the amendment of Mr. Wn ittuksev, authorizing the President to employ public vessels, mi those lakes m sur veying shoals, &c. when th.-ir services should not otherwise be required. This was further amen* ded by including Chesapeake Hay, and 1 atnhco, and Albemarle sound in fN’oilh Carolina. The amendment thus modified was agreed to: and after some dcsullors debate, the Joint Resolu tion vva.sordcicd to be ctigro.-I'd fur a third in ding. . , . After some miscellanc.m ■ bu-inc tol an mum portent character and the disposal ul seven private bills Mr. Kiuouuk of Ohio, asked leave to sub mit lor consideration bis resolution for the Ropca ,-jf g 0 much i the U-pmitc Act, as prohibits the AC;«E!S'I’A, «eq. 3 TUBS E> AS SK - ,u ™ 22? ! OG TII IS-f l v?m “"r 1 10 sus l ,end ‘he rules. Yeas two tliiriU* moUon required a vote of f •)! r> i, ’ A " uiKr - u > ho USU , 0 . ° f *• I'IU>KM I'TUI.V DILI., ,ho close of the “• M. Pi^nV 41 * ■ lhr(M .. .... Days Later from Europe. Jour,laU “1' to Hie Bth uml Havre to the Utli news contained m them is not very i uli , ufl ~ "fcL sl ‘l’j || in extracts from the journals arrived Irom England tins morning, and also the ivlia mentaly proceedings of Thursday night down in l-st [hour, which have reached us by Express ~1 1 Houses were left silting, the Lords beingi„‘ , dellbeiatiou upon the Maltese ( l 1 1 . 1 muuuso commission, am ho Commons on the question of appointing ■ toffltuttce to inquire into the mode ol leasing Hit property ol the Church. with a view to the revis ion ol the present system. Lord itussell was leli addressing the House in favor of the Committee It was rumored in Lisbon that Viscount do isada Landoira would be honored by his Wove reign by being appointed lo compliment her M |c .?!y tlu: t| i uceu 1,1 England on the happy event p, lor cur °natian. He is afterwards to proceed to utneo as Minister Plenipotentiary at tlon I Cyurt.— Courier. 1 y al WuU polhan ■*Nna from Spain and Portugal, iluyut the foreign Department.— Courier Marshal Soult, it is understood, moans to keep a hospitable labia at the seat of his special embas sy in Albemarle street, whore ho is expected to arrive m a fortnight.— Globe. “Lady Catherine Harcourt, eldest daughter of the Lari ol Liverpool, lor several years the inti mate personal Iriend of her majesty, will, it i s said, be created an English peeress at the' core nation, — Herald, ‘‘The marriage of Archdeacon Hudson to the I Wn. Miss Henman, daughter of the Chief Jus ybol the Court of QueenVßoach waasolomni. affed this morning,— Standard. For tho first lime, since 1088, a Roman Catho lie High Shenli has been nominated tor thoProi testant Corporation of Drogheda. JIo is, besides an agitator of the first water.— Dublin Mail. ’ In the Court of Chancery, Dublin, on Satur day, a decree was pronounced against Mr. O’Cor nell for X’l2s, for tithes, due to the Rev. E. Dun ny, which Mr. O’Connell had admitted to he due* hut refused to pay. The cause was undefended’ Courier, We find it stated in the Sontincllc of Rayon ne, that a young man, lately arrested on the (rentier, has given rise to numerous conjectures He speaks several languages, and has evidently received a superior education. He has hitherto pertinaciously declined giving his real name or antic mmenn I' R.l.linuuir 1 •ails Mmscn i- ,u«,Mv Hlutint- I h«7 hi . The marriage of the Duke do f?t. 7.011, tile'ex - S King ol'Holland, to the Signora Strozzi, took place u it Florence on the 23d ult, 1 It is said at Romo that the Count di Trapina, s youngest brother of tho King of Naples, who has t just been entered at the Jesuits College in that j ate4?..i'Uv.UiM Jur-JjAv. -" , Tho Augsburgh Gazette announces the arrival t n that town, on the 28th ult., of Prince Loch lovvski, a Carlist General, and Aid de-Camp to * Don Sebastian, on his way from the head quar ,ers of Don Carlos to Vienna. He was going to iho capital by Salzburg, and intended, after com [doting his mission, to return to Spain. A letter of the 2Gth ult. from Vienna says;— 1 “Tho ball for tho benefit of tho sufferers at Posh and Ofcn, and during which the lottery was drawn, assembled no lower than 2,000 persons, 1 notwithstanding the tickets were lOfr. Resides t the produce of the lottery, which amounted to t 200,000 fr., tho various collections made at View- t na have accumulated to 1,350,000fr.’ t A letter from Dome of tho 2Glh ult. reports l that, on the 23th, a secret discussion was held t in tho Convent of Saint Urbaine, on the occlesias- t tical affairs of Switzerland, and at which tho | French ambassador, the Durtc do Montebello, was present. It was rumored at Rome, that the Duke would not return to Switzerland, but would bo appointed to another embassy. from the N. Y. Express, June 5. Money Market. Tho new Treasury Circular has struck the money market with something of a panic, £but without any rational cause; for though that docu meat is pregnant with mischief yet circumstances to limit it here, that it cannot do much mischief in our market. The Specie Circul .r, as it drain, ed our batiks of specie, anil kept it travelling to and from wagons and steam boats, did treat mischief, but this now edict falls almost pow erless among us for very many reasons. The only banks in ibis Stale, and in Now ling' land that we know of now, which do not issue notes under live dollars, are the Manhalten Rank, Rank of America, Stale Bank and the Mechan ics’Rank. Isis probable there may be others, but if there are, vve do not know the fact. Now if this now Treasury Circular had the mischief making power its promulgators would give it, the only hanks whoso notes in New England and New 11 urk could be received at the Custom House, would be the notes of these four banks. , , that there are Treasury notes enough afloat to pay duties without r< .ort to the banks! These Treasury notes at beat are but at par, and often below par. Os course then | ibuse notes will be the meiliu ol the payment ol duties, where the icipaircd bank notes cannot be got at. Th o Administration of the Federal Govern ment in the i-suing of this new Treasury Circu lar,seems to have had two objects in view, viz. another hit at the Pennsylvania United States bank, whose old notes circulate so widely, and next, an attempt to put a new value upon tho Treasury notes by an effort to discredit tho bank notes of the mass ofbunk at the Custom House and to force upon the people the Treasury notes beating six per cent, interest are hardly at the par ol our bank notes without interest, and have an attempt to bolster them up in this way. 1 The Federal Government, it is clear, is yet ' marking out one policy, and the Northern Bla e Governments at least another. The Federal Government insists upon no small notes under . 20 dollars, and all the State Governments which have this year legislalcd upon the subject, have ; allowed tbe issues of even one dollar notes, while the people have been clamorous for them. The , Federal Government in one respect, however, seems to be changing its policy, and that i ,in : its attempt to limit the circulation ol bank notes • to tbe doors of the banks. '1 bis new edict, as i we understand it, makes in lire new Stales the | otdy currency good for public lands the notes ' of bank ; near by, that can be tun upon at tin s 1 pleasure of UioGovc rmnonl. Congress howevr i, will not 'pass all these movements over to stlcnr r . , and it i„ highly probable legislature will change e them. r JUNK Jrt y uii !“‘h,!,;'w111 l 11 m ' 1 ““ i “" Joi. «i iou 11 Will . llot b > any stale rights’ man i1,.. e power is prohibited to the States, bn’t no o tins trovcnimenl, and that therefore n m u will not bo uvowed, that this (iovonimcm may do wliulot or is nut proliiblcd. 1J V such construction what may it not do ’ Is a Inn’ prohibited I Is tidoninl i,„p r “ pi elective land / None of them. How few Powers are prohibited? Not a dozen. It was necessary to prohibit thin power to the Slate.- : because without snub prohibition, they nos scosed it. It was not necessary expresdv to prouibtt it to the General Govermnct.i; he. cause they could nut exercise it unless grant* cd by the Constitution. y It is not so good a currency as bank pa* l H l * “ lfi *‘ lo currency ol revolutionary «ro* veniments, and never has maintained a par \ulnc, and never will, except in periods ol great pressure; and in small amounts, tils ~i w Minuuma. uid „ even now below par, when every circumstance u ! “ ie condition ot ilio country is most uus^ jiiciouß to it: uiul when added to its ijualitv - 1,1 currency it has that ot stock bearing niter- B eßt ’ hut it is said that it it does depreciate J the loss tails on the Government, not on the , people. Mr. Chairman; where are wo, and I.' on what tunes have wo fallen? Is it in tins i republican land where tlie Government is the 0 moro lrust > ll *o more agency of the people, 1 that wo arc told that the loss of the Govern ment is not the loss ol the people, ISappose k one hundred millions in your treasury and s uses and demands lor it, and it is consumed by lire. This too, 1 suppose, would bo the losn Government, not of the people: no i concern whale 11 ild. That its tendency to c.vccss will he greater than bank currency, 1 do not doubt; and that is the groat vice of the banking sys- i tom. Gan there be a more striking "proof i of this than the present stale of things. Go- i vernment alone is Unaffected by the universal i pressure, and is seen careering along in u \ course ct unexampled extravagance. 0 Yes, t sir, an administration which came into power t with the watch-words retrenchment and ccon- i omy clernully on their lips, proposing to ex- v pend in the present year more than forty mil- f lions. Thirteen millions being the highest s amount expended under the administration v which they denounced as ruining tho country u by its extravagance. How, and why, is all j| this! Why, sir, for the simple reason that « the moro money that is appropriated, the h more Treasury notes will bo issued, and the p greater the present relief to the country. No || such currency ever has been resorted to, 1, which lias not run into wild excess. 1 4th. It is moro expensive, flank currency n costs the country nothing. Nothing at all n sir, and until recently, no such idea has ever r been advanced. Tins Government currency / costs directly six (icc cent- o'm wnole n unouut hi c.r x tm\ im a ns K , * lot of some gT" c ho. 1 wua born one. 1 lave alwaya*femidst of Uic black cockade was born m.liavc no drop of blood that Hows contest, antic who ever wore one; alid.bson- I'rom any obm unuiZuu.VaTTi alniuA 0 doubt rny'owu .duality, when I lumen oftlic Rlrietcst sect, declaring that tins jowur of making is 100 important 1 power to trust lo poor miserable euwardy jorporations, (aa they liavc sliown themselves o be,) corporations which are Wtato instil it * ions, drawing Uiu breath ol'Uieir nostrils from ho Slates, receiving from and giving strength 0 ti ie States; indissolubly united in their dea inica with the Stales, and having no other towers but this. But that it is perfectly sale ,o add Ibis power, great as it eonlessedly is, o the vast mass ot power already possessed jy this Government, Uiis_raw-hoad-and-bluo- Jy-boncs accumulation ot power in the fede ral (jovcrnmunl which we have been denoun-* cino and warring against —because it is said the power must abide somewhere, and u is 100 dangerous a power to trust lu state corpo rations, winch have neither motive, courage, nor ability, to abuse it. And, sir, bus it come to Ibis/ U this the boasted separat ion of the Government from the money power'! A most notable separation. A separation by a direct and enure union. A separation by granlmg the unlimited power to make and issue inon* ey; a power too dangerous to give toKlaic corporations, least peradvcnluto they may combine with the Government; but perfectly safe to grant the whole power without restric tion to ibis Government. And tins is Htatc n°Oth. It will operate unequally. Tliest notes, by laws ot trade and commerce, invari able and unchangeable, will accumulate ii largo cities where they arc needed, under tin universal law of demand and supply, and wil afford no iclief to the interior—lo the ftirinen and the country iin rclianls. Much was tin experience ot Mr. Galias in I/iiCi. licsayt “that llic treasury notes afforded no genetn relief; that they had, and would continue h accumulate in the large commercial citie where they \ ere needed, and rarely loum their way iuto the interior, and that the out ivncy oftlic local banks was all that the larm or could obtain,” .Mr. Crawford says lb same thing, and adds that “they gave robe only to that section oust ol tin.) city, wlier Governniciil disbursements woro emeii made.” Whore i; now lb ; largest amount ( these notes 1 Where it always wnl be i New York—where limy are mo.- t wunlct Below par in New York; live per cent, abov pur m Charleston; and yet l am asked to bt lievc that, to have a peculiar currency tu the Government, when that currency aeci mulales in such abundance in Aevv xork, a to be below par, and is so scarce in G.iurlot ion. as lo command live per cent, premmn is to facilitate the payment ol duties in (.bur lesion Am 1 forever to l-e usi.od to asset lo these novelties, unsupported by argumou and opposed by all experience and acts, is said the importations ot Charleston hav increased of lute, and hence tins policy : lavoruble to the south. ho in a iirnc . . (U*f?rcu than those ol 1 Ijilu n'lphiu. Is” J-iiiladolpluu a southern city W'ltv have limy increased. lor the tempi reason, that in the present derangement . the < arreucy, funds cannot no placed in INt Vork; and, from the greater sullbring of No N'ork than any other point by the lalo unive Ha l crash, one of th sc tornadoes, m whit ,1 vilest trees are the (irstlo tall, when tin ' t i,o allowed for those to straighten win. hue been bent, aid for a new growth. T1 chairman of the Committee ot Ways ai Means tells us, that it was not anticipali Uial these notes would have : o toon return. Treasury. 1 suppose it was not, B :ss. - ■ 1 SVfi 11,-no. ™ d ! c h 'v>: been forest m ■i , ‘ *'• evo , *’| by i ‘i llini " loier of wlumiy v ,d „ U even by the present Secretary if TT V U suited tfT y j-aiuokiiul at paper. The reportot' Mr I) ■ ~ llu. ;■ •j ' U(, pan! out to the public credit ir.T ' i. ? j uolopc a vreblMuidonio iu tl»0 ui fhulu . .of l.n, day. But 1 suppose that tlm bnlliam : 1 Ui'liltl ‘I- I '' Wooilb, “T scorns all aid (Von, the lights of experience, or tliec’i'r.rostion-i oC such ploddmg fellows n 3 JJ,.lla a ;lword and (0d1,.t,n; and that il he looks at all into I fn | MU | ry ° tllu '? c lllneB . is aa ho would into the history ot the I’orsian monarchy, U s a mailer ot curious reading, not fur inform a- Uon and practical instruction. But, sir, is it leally necessary that the Government ohoultl resort to this dangerous power! It is not. loio are other, and in every way better modus of taismg money, by which tlm neces sary supplies limy bo raised, and most boncii ■ nont cllocla produced upon tho prostrate* cu orgies and interests of the country. Make a oan in the regular and proper form of u loan receive it m specie, or tho lulls of specie pay mg banks— and m sixty days you will sou the prosperity of the country revive; its powerful energies now paralyzed by unwise legislation, InssmluoiL 11 ' 1 “£T llko 11 1111 from raised at a prenua^f?,:;.^ 1 Tr lh,,s of the Treasury notes '>'*? plans create a debt—neither creates a , , . * pent and funded debt: (or whenever yon are in funds, you can redeem such stock. You will save at least half a million, and what is ol infinitely greater consequence, von will save the constitution, it need not ’bo said j that the stock thus created will not bo more valuable than Treasury notes. Mr. Craw ford tells us, that exactly such a stock, bearing , six per cent, interest, and redeemable ut the will of the Government, sold in 1822, 1823, . l and 1824, at a premium of two per cent. Why ' it is so, I shall not stop to show, tfo it nl- , ways bus been, and so, 1 am informed, on llio *' highest authority, it will bo now. 1 will not 1 propose such a loan, because 1 will not re- ‘ licvc the Government from the just odium of 1 bringing tho country into such' a condition. Let the administration openly and aboveboard go to the people, tell them there is no money ! in the Treasury, that they are forced to bar- . row, my life upon it. tbni i,i, o , * u ib, . •‘--j oo bcld.iyiw/crable; if it is their fault, they ought oifl to bo allowed to , «uv mu. l ' •' H r !]'• T.i.-u uiuinu i - , J ~ wv IU I t wlstroi io ' cmrroW ’ 'tMr 'j lions, and by issuing bis notes in largo sums | lo a few individuals, could raise upon them , two hundred thousand dollars more than their ( lace, would chouso to issue them in small | uums oaaily negotiable, to a multitude ofero- , tfltors, mid (it n loos of three hundred limit- t snnd dollars; in nil, half a million. That ) precisely is the difference between the Two t plans, and we are about lo do for the country t what no sane man would do (or himself. , 1 would receive payment lor the stock in the ( hills of specie paying banks, or in specie, | Let a portion of the stock be sold in Europe, > and serve us a conduit lo bring into this conn- | try (not by a forcing and artificial process) a portion ot that specie, which the natural con- ditiun of our country and of hhirope, and the ( wise policy of that enlightened nation, upon | whose commerce wo have boon waging a bar- ( baric, war, is d eposed to send bore. These Treasury notes give no permanent p relief, unless reissuablc. i They are paid in as fast as they are paid out, t and if rcissuablo, you convert your Treasury t Department into a Government bunk of issue , and deposito, and in the transfer of its funds | necessarily of discount 100. These advantages, great as 1 regard them sink in comparison wiili Ihe benign and id - blessing influence of an unmmciaiion by the Government, in a manner t’lrmal and authori tative, that the bills of specie paying banks will he received by it. The disease hay al ways boon more one of credit than of cur rency. The bunks never have been in us sound a condition us at present, novel have they had so large a lends of specie as now. Confidence, and confidence alone, is wanting to ./ivc us a sound hank currency, and to car ry once more prosperity and happiness in broad si earns through the land. V/itluut it, the banks never can permanently re. nine. Confidence is their vital air; without it, they can no mere live, than can a fly in an c;;haus, ted receiver. It may be easily demon .1 rated, Unit in a period of doubt and distrust, a hank 1 with a million ol specie, and never moie • than liliy thou-and dollars of not s in circulation may Lo forced lo suspend. Thoio ■ can be no more striking illustration el this j than the suspension in 1707 by lire bank oil i England. It bad alike period of its siwpeu- | i sioo, only ten millions ot ntdi s in circu.ation I i : uid ... ty b . . I '■ ■ ■ the dircc- j ’ | tor., distinct y fori saw, lira , wi'.o the remam.s f occa.-.ioiicd oy foreign Wars uii.il sun. .ce.-, the , [ a tion of foreign 1 . nii; ui d’appi hen. ion ol an mv , isi from ; France, Inal their specie would bo exhausted, ■ and they du ormmed to suspend ; and by doing r ho, sustained the industry and business of the ■ country, and carried England triumphantly i thrombi a long arid pernon.-. conflict, in a man ■ ncr that is absolutely a miracle, and under tii , als and uillicullies which 1 hesitate not lo say no nation ever could have borne, it unsubtuin -1 ee by tins much abused hanking system.— , Bonaparte the wisest man olios time, knew I that the great basis of the hanking system was ; confidence; and when he was about organr zing the Dank of France, ami selecting its i president, ne said, I have no conhdence in . I’ortalis, but Franco baa; therefore let I’orlal ? iri l),j president. I am well satisfied that the i true and only issue before the countiy is hev f tween the slate hanks and a national hank.— v No people not held down by an iron despotism v will submit to the terrible agony and bloody - i sweat of coming to a molallic currency. Nor ii j will one so intelligent as ours, adopt the dan c . ecroua expedient oi a (jovermnoiit paper, ami b uiy Ulc on the issue, if the stale hanks fad, e ! (he r*. ull will be a Government hank, di a I' d | States Bank. U, is because 1 think so,that I d j am disposed to lake from the state banks all d ' improper weights an i hindrances lo aid them jt j by all proper means m resuming specie pay- U/1 1 ,I ■ . *" " M j ;; n-u.) uiouS y cnlluut * uijd .0 p.S,’ , I " a l sl,, ° oouwo of U,O aide and •- ut. dm doscOnl'! Treasury olbrtiandpoH r"i" ti ®J r atldroeised all ll 1).! r . i,, ( .| * 1 , <;l :u »«y. Mr. y ill* Hie bill.: 1 pmwibihiy "t rocelv. ■* out the authority .n Z anlJT"* l ' ll " ku witl ‘* 9 ■“ by the whole count™ 11”! ,us . laln IL e * 1 ro P or t to Congress in j v'ti _ L 111 *‘ e iwi.-j. I,ba " k mea ■ • “i coui. muai ! 1 '• ' * • tliocolleotlonpf p, " C me and in poinVof ' l C Bot t° destroy iho I U, /“O lostoration must 1.0 the work of the I.' ‘“ u l " ! ’ tl| -"tio'is. Buttlio interposition 0 f Ihoi^bilK' t 0 ,IlC!i '' fuars l, y rof,,B '"f? to take ; •« Ike Government, .7 ’ 1 Cto ' lBlt the sins of the bunks upon ss;?"* .<*»»,vn snllicienM V WUti l' rt) l ,Br ° ll 10 t'.rnisli a n' ; i egal C ™ cy tu meet the demands ui the community.” 11 1 e rn'ild m f ’ 111 1 , 817> rofuscll to deposit* e pul) , c lands m the United Slates Bank bo kmit m!*l P , roVldeU !’y luw 111111 tllu y should tioiis ev-m" d f opoß , ltcd tho,n in Ht ‘ite institu ot nidim, l y ’V" lUolvc,ll y ‘or the purpose or aiding tho banks to resume ; nut only not /Vi' 1 " lb(sln 111 ti.cir moment of sever pf lrml - blJt “dually giving it to the. Taking o '7 '.'stances with a care, wise, practical iff it n H V °u ll, ° B,ron » Banks, ami gi v „ . | llu *. 0 ° bl ° niul tottering, to enable all tobLii d, and be succeeded, and in this ren- Ins coiVm '‘“ >Kt 'mportantofall Ins services to lie usefulness! a ., ng,,le . 01 distinguished pub subject, and in circu. W lat 1,0 BU V« u P'->u the the present; anccs identical with "In order to induce the bank's in the u,a .net to resume specie payments simultaneous ly with the bunks already enumerated, it box came necessary (ortho Treasury Department to give them assurances of support during tlw Inst months succeeding such resumpiipu. I a conscqucm c ol this assurance, a considerable portion of the doposilcs in the hunks of Wash mgton and Georgetown was permitted to re main mild the Ist of July.” It is cheering, it is delightful, to turn from Urn uncertain and dangerous theories of the present day, from the eternal --V. ' —*• that aro marl/’ v •' •■“l’l’mess, the very ...... ji subsistence ol the people,,an a phil osophur would tost the power of prusic acid on a mouse Lu lhc f practical suggestions of * 1 ’ ~ *• * * *..*• »* I r -. .. >ll »B3i» mm m naoiiio om ojv toje 1 Imvi) only llicvcry poor ambition ot Doing S practical muii; anti I prefer lo follow the hlca« dy light of experience, taper though it bo, to the dazzling, but 100 ollon, dangerous and de lusive light of u priori theory, whether it bo too over blazing lurch at'a brilliant gonius, or t/io liirlhing candles which arc light uti »l it. In my judgment, Iho greatest good now to be attained, is a resumption of specie payments, and to that end I would have the Government not only not obstruct it, by throwing its pow erful influence over public opinion against the banks, hut to aid them by all proper mean*. This Government, and tins Government alone, has prostrated the banks, and with them the whole industry of the country, with muscles yet quivering from the blow; but witli power ful energies they are struggling lo rise again. Is it wise or just still lo keep your paralyzing hand upon them] but it is said will you do this to enable the hanks to pay their debts'! It would boa much mo,o true statement of the cate to say that it is to ho done lo o.iahle the people lo pay iheir debts to the banks. Gcntlom in, who talk thus, nruef suioly forget that the banks maintain to llic pen* plo the double relation of debtor and creditor, and that the creditor relation is tbo largest. Tbc banks owe the people about twelve hundred mil lions ; the people owe them five hundred millions. Now, sir, this game of demanding specie is one at which both the people and the hanks can play, and the banks, if forced lo pay all their debts, notes, and clcpusili s in specie, cannot choose ; they have no alternative; they must collect their debts in specie. Whal, then, must bo the result] The banks have thirty-live millions of specie; the people the same amount. Force the banks into a position where they must collect, as far as iheir two hundred millions of debts go, they cun be paid in their own debts; alter that is all called in, there i.. ihrr ,• hundred millions of debt duo to tho hunk ami thirty-five millions of currency to pay it with. J-el the hanks collect that in payment, and wh at then is tiro condition of lire country'! .More than two hundred and fifty millions due lo the hanks, and no currency at all to pay it with. For, although in tho ordinary transactions of 1 commerce, one dollar will pay one hundred; not Iso in this case. JBtory consideration of interest | ;U ;,| Keif pre-erve. ion will concur to make tho . hanks keep ev, ry dollar they receive, and tho i’ a ofih.adi v. til ho shut upon it. Will not us ilih . place too whole property ol •, ... . If • m. icy of the bonks] and by i i u p. be: fall tbc currency, all tho ; , . ,/l ac. unlry also ! That aojr ! : : (.. ..a. .is lib.ly to occur i rlo nob ~ ; b, ue'ed, if in no other way, by popular commotion, oi by the subalitulion ol soar.: other cun ncy. Would you do this lo enable tho banks to [ray their debu! I answer yes, ! would. Tire bank | capital of llm country r.r a portion, a large portion of ns wealth and powi r, and 1 won d do all that 1 rightfully can lo save it from ruin, if nothing else wen involved. 1 would not lightly strike down four hundred millions of the capital ot tho country, a larger portion of which, than of any other equal amount, is owned by widows and orphans, and which, when it does topple in ruins, will crush the tropes and happiness of thousands. Especially do I led hound lo do it when their present condition has been brought about by no act of llreir.:, ol omission or commission, but solely and exclusively by tbc action ol the Govern* menl fT„ be fjonlinuvtl.j i (Jeore.bi,Colombia County: . «, kr j 11.Rf./VS lienjmmn If. Warren raid dolor \ V diet tar, I. • ..virion* of tin* W ill 01, William ‘ J], (Jar, de/ .., d, applies for IcUets Uisim, vorv. 1 ' (| ’an ib i 1 r■ ‘ ■ - 1 ‘ ll j| mtr** , 1111.1,1:11 tie kind re*.! and , reditor, ot said deceased 1., be .oi 1 apj... it at i.ivollif vvillmr the time pro- I ! no, .1 b\ ' lav* ,to shew < auae if any they buve, * u |iy ,„aid fin i.. slroubl not be grunted 1 [i rto/i/.f ;,r, biin I ai /'line, rl.os dlilr day ot i ' Kclnnary, IBIW. C.VUllllfh lONICS, Clerk. - (ib ‘Z7 1 <