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fVcw r. Huhmoit i Win' To Henry flay, (>.q- liOlt-.i \I. •Sir—l) 1 have been to foilunalc H I lo oil;; liV ! your attention to my letters, it uny have occunc.l t lo you, that ihe plan of a Hank tiler.- sugge.-ti •! ! might be free hour *mie objections who h have I been moat succe.-stully urged apnmt the 1' >■ In dilution. h would, at l< ist, furnish mi )•;•>*. livoa to the eri'ious and r.ip:u ems spirit '-i agio nanism, wlm li, in sloth, debauchery uml ru. eagerly »erils in rabid in.'ilire a/iim-l prosperous industry ami sucres dill n.r J ■ Ii niM be a comfcul U< you, I huj sum', fir, lo he.ir no inorr of reg barons, Hint bloated wealth, uml moneyed j sr •l-iciai'y. Tle;e court ms appellations would hunlly ho applied lo lire tsi.i i -; uml Hum, llie pies sion- of uii'ii having mm' lo cool, we might hope (hut they wouhl at hut come In lake i colli :l c-- timate ot the me uml \aiue ol the Hanking ay., tcm. I confess myself to he nf llie liiiiiilxm of those who have not given ilmr mi ml. Inr play on thin subject. 'J'hal the file imil lormer Hank ol the United ttlules vviie nneoie-litulional, I did nut doubt, nor do I now. That they were engines ol great poll icalmischief, 1 was sure. Itiii what 1 caie the ma-.0l men lor ('onstilutiotiKuml politi cal balance.-, ! lie who would found bin oppo' si I ion lo u tnuusorc promising individual advun. luges, on such lo|nc», must ever speak to heedless cam. Ho can but provoke the spleen ol iho law, who may bo unwillingly convinced, and the acorn of all the rust. To dclialo auch subjects -ueees a fully, rusurt must he hud lo the ai yiimi'/iliiiii ml crumennm. If this can he lanly urged, ll is well. It not, 1 suspect that lew mini, convinced ol the truth (d uny proposition, are 100 scrupulous lo use fallacious arguments for the conviction of those on whom Rounder reasoning would he thrown away, tilill, he who would preserve his own gulf reaped, will unconsciously try lo cheat himself into a belief of the truth and justice ol any ideas he limla himself compelled to advance. This is particularly true of yong men, and I speak of a time when I was young. I uni not, indeed, aware of having practised any such voluntary neb decep tion on the sulject of banking; hut I am humid lo own, that 1 was content to echo, without u very | ■trict examination, the forms of »|rccch devised lo < cfeeat the multitude, which I found current in the 1 world. When I consider the inherent ihlkculcies < of the auhjoct, I do nol very severely blame my* < ■elf fur (Ins. In such a case, it is easy lo he de ceived, until cxpeiionce comes lo expose sophis., c fry, and illustrate truth. < Hut he must las wilfully or incurably blind, 1 who would grope in darkness at noon day, and 1 I should have no right to ask of you to rovise your 1 opinions on cerium points, by the light of recent ‘ experience, hud I nol made n like use of the re- | ■ulla of the experiments on the currency of the i country, with which our rulers have amused 1 themselves during the last live yean, lam con* 1 ■cious, too, ol having received no hide aid from the ostentatious precision with which Mr. Cal. I houn is in the habit of stating his sophisms. It 1 requires a boldness of deception, ol which few men are capable, lo impose on the unthinking, by 1 a parade ol the farms of logic, while they who 1 have a capacity lot investigation, mo thus invited 1 lo examine the soundness ol the premises and tile 1 accuracy of the conclusion. 1 o the intrepid assurances of ibis gentleman wc owe it; that the vague reproaches against ‘ the Banking sy stem, which have so long Idled I the ears ol die public, arc now reduced to 1 precise specifications. Foremost among these, ■we find the charge, that Hanks do but lend credit instead ol money—and a complaint of the monstrous advantages ullorded to a few I munoplists, by giving them the exclusive right to lend the credit of the government as well a their own. So far as this charge of monopoly is made -against the I’et Hank scheme, by which the ■advantage was gnihiiloudy given to u i.i/luy corporations, it is for the advocates of the late Administration to repel it. I know no one better qualified lor the task than ho who .makes it; —the expert logician who can “re fute, change sides, and still refute.” ll is a case exactly suited to him. If there he a man on earth, who can he et actor et rcua in the same controversy—who can blow hot and cold with the same breath, that man is Mr. Calhoun. Since he has become the admirer i of Oen’l. Jackson, the apologist of ids ad ninis- i tralion, and the advocate ol Ills successor and I imitator, he certainly has no right to call on i bis old friends or on yours to repel this charge, i If this clamour about monopoly is to be nn j dvr stood in reference lo tbe late Hank of Ut ■ i United States, it is notoriously without found i | tion in point of fact. Not only was an ample consideration paid for it in advance, but, the books ol llie Hank having been open to all, there was no man in the (community, who had nol an eqpiul chance to become a stockholder to the extent of his resources. Hut it is said that flanks do but lend credit, and nol money. To ihoso who are to ho cheated by the mure sound of wools, (and for whom else is this intended!) ii should ho enough lo say, dial auch credit us the II inks lend thev are ever ready ■ •to take in payment, or, in other words, dial the i paper in which their loans are made, is always re •ccived in satisfaction for those loans. Hul thinking men may require a deeper un ewer. To them 1 would say, that Hanks do not merely lend their nedii. There is always an ac tual loan of gold and silver. Il is nol, indeed, always actually taken away; hul Ibis is only be cause the borrower himself iether chooses to re ceive paper. Mean lime the Specie is, at Ills re quasi, kept hy die leader, lor Ins use, as a means of securing the currency of the notes ho takes away, ll is true, that the whole amount is not always so kept, ll indeed die borrower wishes it, il may he done; tor ho has it in his power lo return the notes immediately, draw oul die whole ■uni in specie, and iej lace ll on special depo.-ile, subject to his cbo k. fs this ever done! Never. j And why! liee.m.r the borrower eaunot derive 1 any possible advantage from doing il. li is en ough for him, that there is always enough of spe cie in the Hank lo keep Ins notes from depreeia ting. He therefore docs not require that die Bank shall keep more than expenenco has shown - to be sufficient li,r this purpo-e, and so long as this is done, the Hank faithfully fulfils its en- 1 gagemenl with him. But here, it seems, a benefit ipsulls lo Hanks, from the fuel, dial about one half ol die specie, or leas, is found, by experience, lo be sufficient I lor this putpore; so dial they iceeivo inter -t on double lire amount of their capital. If this were j die v/io/e tiuth, I see nom who would complain, hul they to whom n isi;.di and woumvood to w it- - ness the prosperity ol another. Hut tins is n„i \ the ■whole truth; not shall tve obtain a view of it, without considering Iho whole moneyed mu u-.t : COLLt.CTIVKLT US OX K COMMON IN rKUI.se, nia naged by res ruun in. lire r Munsu non inti sisrr.M, which is also lo bo considered col Jectively. 1 am aware that the noisiest of the declaimcrs j ■gainst that system, will receive this projiosilioii j with a shout ol exulting derision, as what they 'will call a precious confession. 1 should be glad not to be troubled with those clamorous pole rotes. I have already “answered the foot accor ding to his folly,” ami would willingly leave him. But ihe wise King tells us we must also “answer ■ feot, hut according to his lolly, lest wise men think us like unto him.” Bear with me, then, a moment, while I have “sonic more talk with this ■learned Theban.” We bear bun exclaim that, by mv own allow «Og, the moneyed interest collectively stands con viclati ot receiving some twelve pei cent, on the Wholtof its capital. If 1 urge that most ~f this , is to be deducted lor the salaries ot bank officers, and for other expenses, he will tell me that these , lu■ in .itc i . 11: ut I can Iff l.nj mi tht • r«iil r ,1 oilier iucii’h lohnn. Out nr«: tt.tnr officers mum i nth! Noi they i' vp -i . imirli limu un i i.iliiiiir i:i return lor their s:«I;i ri.•«, ai any o'lir;.- dliifir. Are they nopcrllu on*! No: without them, no Dank could perform i s function in a ] rort ot broker, or middle man, liclwrcn the for. I rower ami the lender, hin I lie agent of both, | [ created for this purpose, and paid liy both. In cry ! j man who has money lo lend, lias a light !o lend ! it, if he can find a borrower. Every man in want I of money has a right to borrow if lie can find » lender. A Bank is an office of intelligence, where the boirower and ihr lender hear of each j other, and where the !■ nder becomes certified of tho horrowvi’s sufficiency. It is the business ol 1 Bank oll’iceis lo collect an I communicate this 1 intelligence, to obtain such general knowledge ot ! I lie all ms of individuals as may Justify diem in | recommending the borrower to die conlideiico id I the lender, lo niaiiugo ihr.-ii negotiations, and lo | keep their accounts. They who perform this ; function, have a right lo live by their business, j When their salaries, and all other expomes are ! deducted, the K iduin ol the interest received by I the system collectively, will he the return made lo the moneyed interest collectively, for the me ol its capital. What it ilia'! The dividends give the answer. It these do not exceed U per rent, on an average, 1 1 1 o boldest and most malignant caviller will nut complain. But the average does in point of fact, amount to 7or H per mill; and this, 1 maintain, is But a lair remuneration, under all lire circumstances, for, Ire it remembered, that the moneyed inlcre.t in k unit, and that the hanking system; its crea ture, is also a unit. Now il the moneyed inter est, dispensing with the nso of t.!'e banking sys tem. were lo lend its whole capital in specie, it would receive fi per cent.; byway of interest, in addition (o its principal, all in hard mOi.'ey, and undepreciated in value. It ut would 0 pot cent, ho an equal compensation, if hy wear and tear, in (lie use of tire borrower, the principal had been reduced in value, hy one or two per rent! Can it he an equal compensation, when made hy a process which multiplies the currency, increases competition among buyers, raises the price of eve ry article of properly, and thus produces a con tinued depreciation of the whole capital of the moneyed interest. What is the rale of that depreciation ! Who can estimate il! No man. But while, like the course of the winds, it defies calculation, the fact is equally palpable. What memory that goes back fifty years, may not recall men, who, with a few hundred pounds of annual income, lived in honorable independence and abounding hos pitality 1 What is ilia effective value of a like income now ? Reduced at least one half. Vet, within that time, the supply us gold and silver, instead of rapidly increasing, has notoriously di minished. The Revolutions of (Spanish America, have reduced the annual productions fur below the annual consumption in plate and jewelry.— Within that nine, 100, the discoveries us science, the inventions of art, and the improvement ol manufactures, have more than doubled the facility us producing almost every article of necessity, comfort and luxury. Take Hie case of two men, each of whom, filly years ago, was worth sloo,ooo—the one in mo ney, the other in land. We suppose each to have received six per cent, on his whole capital, the one in interest, the other in rents. We sup pose each to have spent his whole income, and no more ; the one being careful not to break in on bis capital, lliu other using equal attention for the preservation of bis property from waste and dilapidation. They were equal then. They have spent equally. Neither bus lost or gained any tiling. Are they equal now 1 Both were nabobs then, and the land holder is a nabob still, while the other has dwindled lo a man of ordi nary properly. What has made Hie difference! The banking system. Who bears the loss'! Tho moneyed intercsi, of which the banking system is die creature. Klmll tins interest, then, which, for tho convenience of commerce, and lo lire advantage of every other interest, Iras established this sysu-in, receive no compensation for the wear and tear us the capital with which il works! This is n tax which the moneyed interest levies upon itself for the purchase of a great commercial convenience. The other interests pay none of il. Il is lor their advantage. It is the creditor’s loss, it is the debtor’s ga n. Were there no equivalent lor ibis, the moneyed interest would make il.-ell n martyr to tiro convenience of the [rvißIi. The slight excess ol interest over six per cent is the only equivalent. That that is not 100 gieat, is certain. If it were, competition Would reduce il lo the proper standard. Tho whole mutter resolves itself into this— there is nothing wrong, unless tiro moneyed in letesl, through its creature, the Banking System, receives more than its due. It has a right lo real ise six per cent, on its whole capital, and, if it receives more than this, the excess is, on an ave rage, not more than a fair equivalent for the de preciation of capital prodouc ed by the process. I am aware that no part of this advantage is chared By those moneyed men who live hy lend mg their own money in their own private way. These hear llieir share of lire loss, ami do not partake ol the equivalent. This may ho one reason why, us hy a soil of instinct, the usurer is always among the most malignant enemies ol tho Banking System. Another reason is, that that system is Ins great rival, and restrains his e.vtor. It ms within reasonable hounds, or leaves him only the bare pickings of those who could not get credit in the bunk. But lie takes care to indem nity himself, hy cultivating the prejudice against the system, und speculating on die alternate Hue tu itions produced hy the expiration and renewal j o, trank charters. He must have been a careless i observer who eaunot remember that the most i strenuous opponents id the lute Administration of llris class, vveie won over to its support hv the I seizure ol the deposites. They studied the scent (>• carnage, and, Happing their wings cxultmgly, perched on the banner of tho destroyer. In truth, the hard money system is the system for the money, d interest. Establish it, and men wt I demand llieir debts in h ml money, to the id- | ter ruin ol the debtor, and of all but tiro moneyed ] interest. The disposition of that interest lo create batiks, seems like a (tod :ind lo all tho -est. It looks lik.* to.nothing prov.i!ouii.-i 1 , a if the Author of nil good 1m 1 pul it into the heart of Hurt gn at iulerst lo pto/trie a tin tins by which others in tint k-vii wen way w.lh it, ami save tli. m.-elves lio-ti bo.no devoured by it. hat war.i.il bo tire idled, should every moneyed mini m tho community withdraw hunscll'from all connexion with thu banks-,, all in till h s doll's, ami resolve hoticetorth to to. eetvo and lo 1 ml nothing but bard money J An earthquake would bo I.armless in couij-ar isou with such a ca'a n.ty. The late ofßudom would be it happy escape from it. Tho political economist tmdeis’aiuls these mu'tors .perfectly—none better lliutr the Utili tarian \\ ha', pity that he docs not use his I'fnny magatiius to explain them to ins many treated pupil, instead us exciting Ins malice to Into the hand that feeds him, and to war aga list a system which atl’.rds him Ins only chance of escape from poverty! 1 will not magnify the advantages of such an institution us 1 have suggested, hy pretend mg to believe that it might be necessary as a security aga list a determination, on the part of the moneyed interest, to lake cure of itself and leave a'l char interests to do lire same.— lam satisfied there is no danger of that. The moneyed interest is also tho commercin' inter, os’, and H derives from credit, in all its forms a benefit to the merchant which fully mdom tubes the money holder. Besides, 1 am not Hire liinl iht't ■in not law ol! ■ ihimm ! which will never p.rmit niauS.mil to rc.it in the use of a permanent tiUmlu l of value, li never has done no nvl in.ver w i. <> ■ jin obedience lo llio pas,-.a.n huj; . .1: --r!-: u depreciation by sour. 1 means or ol’ t. Men may thus cboa. th ; i selves into a I.' lief tf.a ! ! limy are irntliiijr rich ;r ;und that vv.'i.ch a 1 are j eager to believe, all are readily brought to be lieve. Nor is this deception w thont its ad vantage. It supplies activity to the stimulus of hope, and, at the same time suggests a ta i lion a;im.‘l imprudence. Under it s influence a man seems to liml his wealth a id his expen ses men a-ng ji.tr i yn.tt. lie presses on with cheerful alacrity in pursuit of indep u deuce, nothing doubt ing Ins ultima) • succei , if ho can hut bring economy in uni of industry It must, dnubtle .•, set in idle Ih t I hou thus discourse to you, sir, on a subject, which you understand so much better than I. But m this instance, I acknowledge that I am ad dressing others through you. Lot mo hope, then, that these remarks on the I' losopliy it Banking, may not he considered more out of place here than were the sophisms they are mount to expos', when delivered byway of lecture, to the Senate of the U. S' los. Pre suming on an example so illustrious, 1 may perhaps resume the subject. A rmnrtu ov Ktats: Jliuutn. Thial op Hath it i; \ fob Fomijeuv —The tri al of the noted .Mr. Kathhun, of Bulfalo, on one of iho many indictments found against, him (or his celebrated forgeries, commenced in the Court ol Oyer and Terminer at Buffalo, on Tuesday, after an uiiHiiccesslul attempt on the part ol Ins coun sel to obtain another postponement on account ol the absence ofi.yman Kathhun, at Texas. -J i mggmgg CMHUNICLE AND SENTINEL. apchj»taT~ ,Saturday .Morning, .July ].|. "state bights TICKET foil Ci-'NOIIESS. WM, C. DAWSON, It. W. HABERSHAM, J O ALFORD, W. T. COLQUITT, H, A. NISBET, MARK A. COOPER, THOMAS BUTLER KINO, EDWARD .!- BLACK, LOTT WARREN. (C/* Wo received no slips from New Orleans by yeslerday morning’s Express Mail. (O’ Wo would call attention lo the, advertise' ment for the sale of iho valuable crop of Cotton belonging lo the estate of John Fox, dec’d, which takes place this morning, at Cummings’ ware house. Theatre. To night, for iho second time in Augusta, will he performed the Grand Nautical Burletla of the “Deep, Deep Sea,” with the original Music, &c. It was admirably performed last night, and wo think will well hear a repetition. Those who have visited the Theatre, will no doubt, at once, acknowledge Miss Meadows as one of llie best juvenile actresses that ever appeared on our boards. MLssM. is a great favorite, and never fails to give general satisfaction in any of her chaiacters. Mr. Hart is an old favorite, and never fails lo get up something lo pieaso—his friends should not forget it. Firo in Itallimoie. A distinctive fire broke out on iho Dili insl,, in Baltimore, in a shop on (lie south side of the Basin, iho property of Charles Reeder, and occu pied by him as an Iron Foundry, Steam Engine Manufactory, Black Smith’s shop, &c., the whole of w hich was cnlitely destroyed ; a row of small luick buildings on the same block, were also partially destroyed The loss is estimated at from one to two hundred thousand dollars, whiejj lulls entirely on Mr. Reeder, as there was no in surance. By this calamity, it is said, two hun dred mechanics are thrown out of employ. The valuable paper mill el Bradley & Sons, at Daiisvilie, Livingston county, N. V'., was destroy ed by lire on the evening of June 23J. Insurance £ 10,000, which will about cover the loss. An extract ol a letter from the I’pst Master at New Vork, stales that the agents of lire steam ships Great Western and Sirius, consented to take all letters received there by the mails, with out any additional postage, until the arrangement charging frejght on letters,can Lie known through out the country. A largo sale of the new Slock of (be Stale Bank id South t’arolina, was made at auction in Charleston, on iho 1 Uh. 2000 shares sold at from 110 to 1! I—the average was 103 81. The Bulla to Com. Adv. of the (ills inst. says— •‘The .Imy in the case of B. Ralhbun, whoso j trial has been going on for several days, havo Just bro’t m a verdict of NOT GUILTV. When lac verdict was announced, the court room rang with applause. The Vermont State Convention which met at .Montpelier on iho 30th ult., nominated Silas If- Jenisim as a candidate tar Govemoi, and David Camp for Lieut. Governor. They also passed a resolution recommending the abolish me at of im prisonment for debt. 1 he coronation vd Queen \ icloria was celebra ted in Nova Scotia and New Brunswick with great rejoicing At Halifax, the government hou. scs, and public and private buildings wcie spleii' didly illuminated. The celeluation look place , on the “8 h—(he supposed .lay of die coronation The President of the United States has recog j niied James Andrews, as Consul of Greece, for t the port of Boston. Extract of a letter received in the city of Charles ton, dated Ujrio.N, Grkkxe Cocntt, (Ala.) ) July 3, 1838. 5 ‘ U is the prevailing opinion at this tune lhal there will not ho more than a h»lf a crop ol cot ton made in Alabama, which will not nett the planters moic Gum will buy what is absolutely I necessary, and pay the costs of protests mid duma. I ges on hank notes and hills of exchange. Mis- j sissippi money is from 10 to 40 per cent, discount j here, and still gelling worse. It i, j j that there is $33,000,000 due lo lire hank.ln ibis 1 slate; there were 1300 cases sued on in Sumter ! county, last court, and it is hdieved there will he | fully as many next September in tins county.” I the Ctimmi /(! .Siutmrl, Jai u-oxnniu',, July KHli, • Mr, J„m; , —All that I desired, in my commit nicati .1 in yen ot June lit, was to correct die statement 1:..;’, you made,” lliui horses could not Im oi a no I iu Jacksottboru fur luvc nr money, to dairy lliu express In Savannah.” I pronounce lire u.i. onion to bo without f.ninJation in truth, i If your informant can prove by certificate, or other respectable means, that the above quotation ; is true, 1 will jicld ’o his superior veracity, and acknowledge myself in error. But he has driven wide Ids mark, if he supposes that he is at 1 Ircrty to make ami authorise to he published, slanders, lor hi. own intercut, and mutely to screen his • want of ability or inclination to continue ott with an express that he was very anxious to get lid of, hy palming the failure upon the people of Jucksonlioro, when it was his own fault, Ins own ’ utter negligence and indifference, that caused \ the failure. V. ho your informant is, or what he is, I know nothing, and care less ; hut would advise the people of Augusta, when they dosito another ex i press sent to Savannah, to depend upon some | person who is competent, and cun keep perfectly sober, or, at least, sober enough to tell hisetrand | and who is not stopping at every house on the road, delaying his lime, and incapacitating him self from the performance of what his employers expect at his hands. JOSHUA PERKY. Mu. Jones.—Having boon called on by Mr. i J. I’crry to stale what I know concerning the two communications that I noticed in your paper of the lid inst., between Mr. Solomon McGowan, and Mr. Perry, I state fur the information of all | concerned. Mr. Gowan came to ray house in I Jacksonshoro’ some lime in the latter part of Juno j last, at about 11 o’clock at night, and requested |of me a horse to go on to Savannah, as ho had been disappointed in his expectation of overla. | king the stage at my house, it being the supper | house; but the stage had left at about 8 o’clock. He stated that he had an express to me, but did not state the nature of the express at that time, but did, after writing his letter, and I regretted very j much that I could not furnish him with a horse, as I had loaned out my saddle horse that evening or lie should have had a horse with the greatest of pleasure, and I had no other horses hero short of my plantation, which was some miles distant, hut staled ti.at I thought Mr. Perry had. Mr. Gowan then sCc’Olfld to consent to give up his route, as his horse was tired, and requested of me to furnish him will, paper, pen, and ink, to write back to Augusta, and accordingly was fur, nishcJ with the same, after witting his loiter, he requested a boy of me to go with Jl'Di to show him the Post Office, I did so, after , v cturning said ho had got Mr. Perry up, and succeeded in mailing bis letter, which was then about 13 o’- clock. Mr. Gowan then went to bed, and iu the i morning returned fur Augusta. JACOB Pi RYAN. tipper Cautulu. The accounts oi ibo movements in the London district which we published this morning, is con i firmed by advices received at Montreal on the 4lh.—The number of men who hud landed is stated at 800. —The “fdi regiment was ordered from Toronto to Hamilton on the receipt ot the news. Twenty one prisoners were brought from Drummondsvillc on the a'Jth till, to Toronto. The names of twelve of them are given below. From Connecticut, Samuel Chandler; from Pennsylvania, Jas. Merman, Win Reynolds; from the stale of New York, Garret Van Camp, Jjcw, is M Miller, Geo Coorloy, Norman Mallory, J,o ten Hedger, Solomon Kemp; from Scotland, Geo. Ifucli, Jus Gunnel, Murdock McFaddon. I'ho steamer Experiment belonging to James Lockhart, Esq. of Niagara, it is said, has been purchased by Government, and will bo manned j by the Naval force lately seat up from the ships ul war at Quebec, .IfaocitviLLE Moving Off.—Wo have had occasion frequently to allude to the constant em igration which is taking place from this Di.-:triel to tfie Fur West. It seems however, that the moving spirit, which has taken possossi in of so many of our inhabitants, is no longer to bo confi ned to individual ot insulated cases, but has sou zed them eu masse, A public meeting lias been held, within the I last few days, at Portland, in the township ot | Basliml, at which, wo have been informed, not 1 less than the heads of sixty families subscribed i their names as intended emigrants.—The sum of 400 dollars was subscribed to defray the expense of sending two agents to the “land of promise,” in order to lay out the site far the intended loca lion el the emigrants. Messrs. Peter Brasso and Duncan Campbell were, wo understand, chosen agents, and have already sot out on their mission. — ,Statesman, Jmw 3 0. Lower Canada. .From the .Montreal Courier July bib. Misstsauui FuoNTimi,—The detachment of 50 of the Volunteer Cavalry in this direction yes- | tetday afternoon, of course gave occasion to rumor j to play her usual tricks in town. We have not, j however, been able to learn, that airy thing ocur- i ted yesterday along the line, to justify lire appro- } hensinns previously entertained. An assembly of 1 . persons .a reported to have been gathered logeth- ( or in the morning, near Swanton, a little way be yond tire lino; and they were burning powder | 1 after the prescribed fashion of the 4th of July; , hut there was no good reason to suppose they had any further object than that of making the usual quantum oi noise, meet for so high a holiday. The Communications between Major Williams commanding on our side of the line, and Major Churchill, commanding on the American side, arc understood to he very satisfactory. The Ameri can regular force is, however, very weak. On the Missisquoi side, as we stated yesterday, the , preparations are quite ample ; especially now that ( the Cavalry arc out, to keep up the eommunica j tuns. Trout the Old Quebec Gazette. His Excellency the Governor General will leave I Quebec on \\ edne-day the 4th July, in the John find steamer upon the tour of inspection which it is Ins intention to take throughout the Uvo Prov. mces ot Upper ana Lower Canada. As it is the Noble Earl s mtentio;, to visit the defences up. on the whole of our frontier line, ho will he ac companied hy Sir Charles Poget, the Vice Admi fal upon the station, and .Sir John Colborne, Commander of the Forces. Sir Charles Paget will proceed to morrow in H, M. s. Medea to Montreal, where he will await the arrival of tiro Earl of Durham, His Excellency will remain,is , understood, three or four days in Montreal. He I will then proceed at once to Kingston, U. C. thence to Toronto, minutely inspecting the defen. ccs naval as well as military, by lire wav. Up on his if turn, his Excellency will probably devi. I ate materially from the d rect course to visit such portions ot the Provinces as may seem to require j his presence. [from llu: Quebec Mercury, July 3J.j Wollied Nelson, Robert Shore Milner Bom chcllc, Bonavcnture Vigor . Simon Marchessauil, j Hi-nry .VjjJi. ii e (lausin, Teuissaint Geddu, Ilo t!«>!ph»s I>cs Ri-ier-,nnd Luc ilyacinthe Mason, arrived from Monireal at live o’clock this morn., mg in iho steamer Canada and were, without landing, placed in safe custody, on board 11. M. S. Vestal, under sailing orders for liennuda. From tlm .V. V. Kxpress July 9. Money .Market. The Philadelphia Banks have, one and all, agreed to resume specie payments on Iho Ist ol August. This news has given great satisfaction in Wall street. Exchange on Philadelphia rose immediately to 1 per cent, and was in great de mand. This is lire most important feature in the Money Market that has occurred since Iho gene ral suspension. The era of a return to a sound specie currency has now really commenced in earnest. Ml the Southern Banks will follow with as much rapidity as possible. Philadelphia, July 9. For the same reasons which were operating yesterday, the sock market is exceedingly dull and uncertain—quotations id' prices would only lead astray, as a demand for a very Jew hundred shares ol any stock, or an order to sell them, would produce an immediate change for the hel ler or the worse. The course which the Banks may pursue in prospect of a resumption, excites much anxiety in the public mind, anu few persons dare to opera to without more secure datas. _ Exchange on New York $ to J premium ; Treasury notes according to dates or rales of in • ercst, vary from -J to 1 Wo learn that the Insurance offices of Phila delphia lose about $34,000 by the loss ol the ship Julia, which vessel was destroyed by lire on the 22d ult. and $13,000 by the loss of the barque Oltowa. For what are called summer risks, which arc always taken at a low premium, this is doing pretty well, these losses being equal to the premium on upwards of $3,000,000 worth of pro perty, charged on the risks, in the course of which these losses happened. Texas ami Great Britain.—The informa tion communicated by the subjoined paragraph, which wo find in a Texian newspaper lately re ceived at this office, is new to us, though of ra. thr-r old date. New or old, it is of sufficient con.- scquencc to deserve the attention of our readers: Houston, (Texas,) June 8. We arc extremely gratified to learn that Gen. Henderson, our diplomatic agent near Iho Govern ment of Great Britain, has succeeded in ellecling a commercial arrangement with that Government, whereby Texian vessels and cargoes will he ad mitted into the ports of Great Britain, and a di rect trade opened between the two countries.— National Intelligencer. _ • The Cherokees.—A letter from Major Gen Scott to the Governor of Tennessee, under date of 22d Juno, says— I have much pleasure in saying to your Excel lency, that ol the Cherokees who yet remained in the country, on the 24th nil. probably more than three fourths have already been collected for em igration by the troops under my command. The other fourth, it is expected, will be collected in eight or ten days more. About 3,001) were sent ofi to the West between the Island 17th inst., when, apprehending that the warm season might prove highly injurious to the Indians, I was induced to suspend a farther emigration until the first of September next. In the meantime, I propose to hold all the In I diaus yet to be emigrated, guarded by regular I troops, at and around this plate, Boss’ and Gun ter’s Handing. Gen. Scott adds in a postscript that ho had commenced the discharge of the Tennessee Mili tia under his command. [From the A atioiuil Intelligencer-] Tin; Head of the Pulaski.— -Tire following appropriate and touching- remarks were made iu the course of a sermon on the superintend ing-providence of the Creator, delivered by the Rev. S. G. Bulfinch, in the Unitarian Church in lids city, the Sunday afternews had been received of the loss of the steamer j Pulaski. Tire preacher, having long resided in the South, was enabled to speak with per sonal knowledge of many among the victims ofthw awful event. The extract has been com municated for publication at the request of several gentlemen who were present at the delivery of the sermon: “U hen, as at the present time, the sympa thies ol a nation are‘called forth by an event which has filed hundreds ofhearts with agony; witen suddenly whole families have been sum moned f rom this life, and the honored, the [en ergetic, the lovely, the innocent, have found a common grave in the depths of the ocean, it is only in the recognition of a Supreme Dis posing Power that we can find aught to cheer us in the saddening view which is thus pre sented ol human destiny, i.ong will exten sive portions ol our community feel the loss of those to whose wisdom and public spirit they had entrusted interests of high importance. j Long will many a h'eait feel a pang- in the I memory of the wise and kind physician now no more. Long will they who have, in previ ous, afflictions, listened to the consolations of the faithful pastor,* think sadly on that spot of the wild ocean where eloquence and piety i found an early grave. And long, when the j young and the lovely meet, will the bright and I innocent smile of youth be saddened at the I remembrance ol those, as young and as lovely j as they, whom none shall behold again till the I sea gives up its dead. They are gone! and I one to whom many of them were well known j | may be permitted to testify that a richer har | vest of all that was noble and lovely in charac-1 ter, has seldom, with equal suddenness, been : gathered into the treasure.house of God. But was not His providence there? Yes; though iheir prayers seemed to rise in vain, let none j believe that the Creator, in that awful hour, 1 beheld not his suffering children. He heard I their cries; He witnessed their distress; and ■ though He interrupted not the order of Nature for their rescue, we may yet believe that Ho was present I ) sustain the courage and strength of the survivors, and to receive the dying to I to that mercy which they then with agony invo- ! j kcd. While we take warning to be re?.;V- for ' that hour which may come to n-q - wc | commend to the Father of j" humblc | trust, the spirit of His children; and in this .and m a 1 his tli.ipcnsaiioiis, we acknow. 1 ledge and sw'le ilie God of Providence. | 11’ Hundred Dollars Reward—Go. 1 v ‘-mor Ritncr has utll-red a reward of $5OO (if la ' ken out of the county) for the apprehension of j Jos. McCormick, who murdered Pliny D. Well.-, I Deputy Sheriff of Pittsburgh. A reward of two hundred and fifty dollars will be given if ho is token in the county of Alleghany. In addition to the reward ollered by the Governor, the Shorilf has offered two hundred dollars lor the apprehen sion of McCormick. The murderer is about twenty five years of age, round shoulJc:cd, well made, and about five feet nitre inches in height, fair complexion, light brown hair, has lost a front tooth from his upper jaw, and has had a small piece bitten out of the lop ol ono of his cars; ho has recently been wounded in the back with a dirk. Ho is represented to boa man of despe. rale courage. Distressing Casualty at Schenectady. The closing anniversary festivities at Schenecta dy were interrupted by a most painful occurrence, i'here was a display of fireworks from a canal boat tit the Basin. By some fatality, the particu lars ol which we have not heard, an explosion of the rockets lock place on hoard the boat, the deck | of which was crowded with citizens, many of whom jumped or were thrown into (he Basin. J wo bodies had been found, and as other persons uere missing, it was feared that they were also drove nod. i :n; Mkhciiaxts Bank or Ualtimoiik ha* declared a dividend ul six and u half per cent for the last six months. Wkst Point Caiii.ts.—Nineteen of the graduates have been ordered to join their respec tive Peginicnts on llto Frontier and elsewhere the residue are awaiting orders. *’ llcn sorrows come, they come not single spies, fiat by battalions.” lion. Arthur Livermore, of Campion, in Mas sacluisetls, well known as formerly a Judge of our Courts, as well as a member of Congress, lias recently been eevcicly afflicted. He had a •on on board the Pulaski, and anoihcr killed at Plymouth lasi week, by lightning striking lbs Academy.— Uoslon Atlas. MA KINE miiI.UtiUXCK. ' \V \NNAH, 12.—< | ami,ship titeriling, Stin- Isi v. rjn»v/l ( s|iij» l.iiiicashii-.-, Alexander. Liverpool, >Uip < i :it! , Kilcy, Liu rpool. Arrived, hr Savannah, Livmn re, New Yori.*. D. |kh led, sieaiiiliual I’orcsti r, Drake, Gari ys I ci ry. CIIAULLo 1 HN, .July 15, —Ar yesterday, sclir Hope. Moore, Alccandrm , D C. In the oiling—ship Sarah Slienfe, from Cid, barque Champion, Warren, Liverpool; brig Laii eet, Jl, ngs, Havana; Line brig Gtn Aianon; Delano. Baltimore. * Went to sen. Line Nation, Udano, Baltimore steam pucki t Georgia, Kollins, tic, iM-oiit this port—steamer Win Gaston, Freeland, Balti more, 1 iAr During my absence from the State, William 11. Cushney and Nathaniel Patton, are my author iscd agents, lor the transaction of business connect* ed with the ofllcoof the Chronicle & Sentinel. WILLIAM E. JONES. Augusta, July 7,183 S Camp Meetings. Jefferson, at Mt. Morioh—begin 20th July conclude on the morning of the 25th, Lincoln, Wheat’s Camp Ground—begin the night of the 25th, conclude on the morning ot the 30ih. B Warren, near Warrenton—begin Ist August at night, conclude the morning of the Gth. County, Limestone—begin the 10th at night, conclude the morning of the Isth. tl'ilhes, Independence—begin the night of the 17lh conclude the morning 22nd. Columbia, While Oak—begin the night of.tho 22nd, conclude the morning of the 271 h. near Sparta,— begin on (benight of 01st conclude the morning of the sth September iVf EIV VUIILIGATIONS, just received by tKichards ty Sloy. Calderon the Courtier, by B. L. Hulwer, author of Alice, &c. “Sketches Iroiu our Parish,” by Boz, Nos. 1,2 and 3, illustra ted by Cmikshauk. Gleanings in Europe, “Italy,” by Cooper. “Jane Lomax,” era mother’s crime, by the author of Urainbletyo liouse, &e. Memoirs nl “Sir William Knighton, with ids correspon dence," by Lady Knighton. July 14 STEEL. KLIIS FOB COTTON GINS.' NEW INVENTION. subscriber lias just received a supply of the LATENT RIBS for Colton Gins, which have been spoken so highly of wherever they have been tried throughout the Cotton Growing stales. These Kills are so constructed that one set will last twenty years or more,and be constantly in use, by having an extra set of Cast Steel faces. The laces are made to lit on the front of the Kibs, where the Saws pass through, and in so simple a manner that any person can put them on. The subscriber will always keep a supply of Gins cm hand of llieabove description. WILLIAM JUNES, A Awdoors above the Dliner Market. _.ln!y 13 U ' DAWltiVi ■ C AuL IGNE, juVl in ’*-■* '■ * eeived, and tor side by jJuly 10 JOHN S. HUTCHINSON. Pi;TIT GULF COTTON SEEH. HA \ K a flew hundred bushels ol the above , Cotton Seed, which is genuine. Planters wii'o desire to improve the Colton crop, would do well to eali innocdiately. Also, n smaJl lot of unmixed Nankeen Cotton Seed, lor sale /i' 1 ; 1 ’'2 35 A. GUMMING. llio Constitutionalist will copy the above v. A/ H'.JLCOJJ id A GLEN oilers tor sale on » » reasonable terms . 50000 lbs prime Bacon, ass’d Hams, Shoulders and Sides JO bbls do Pork 00 bugs gr..en Cuba Coffee 20 mats old Java t bffee 25 bids Virginia Flour 30 boxes Sperm < 'audios 100 pices heavy Kentucky Baggin<r 150 do prime Hemp do ° 150 kegs Nails, ass’d sizes A few boxes very superior white Havana Sugar blown, Ground ami Alum Sait, Cotton Osiiaburas' Ac. &e. ° _ J'oT-s Comer, June 11, 1838. *w4w. 11. VV. FORCE & CO. WIIOLENALE SHOE DEALERS, b Vl , . lirm '<l st. Augusta, Ga. F ‘i ” * ‘ 1( : 100 b packages Hoots and Shoos a. comprising every article in the line ; which ' can be sold as low as iiuho Northern cities. All ar rangements being "with Manufactures direct. A Pcii oral assortment of LEATH EKS. april 24 , A HLAIiLTON’S KEPORTN.—Reports of V-' decisions made in the Superior Courts of the Eastern District of Georgia, by Judges Herrien, T ,'f • < „ r, !? l ri ’ " ayne, Davies, Law, Nieoll, and I Robert M. Charlton, and in the Middle Circuit by i humus 11. P Charlton; by Robert M. Charlton. late .bulge ol the Superior Courts of the Eastern District, just published ami lur sale by . - lmie LI T. H <fel. C PLANT. f'RENCM musmnsT i ’V HHEAU have received, this day, I c ”om Vw-.York, a large supply of splendid i I rejieh Muslins, of the latest Pans styles winch ; nave neon carefully select eel from recent importa tions, and are entirely new patterns The public arc ivspoeiluliy requested to call and examine tlism aprd J 2 1 IWClNJES#—Coimretenfr ar ,7/ having h *en made, Family and 1 nj sieians 1 resenjnions can be had at all Jiou'-s of Hie nij;!it, and on the Sahha/li, so far as necessity may demand, at Apothecary I fall, ISV. i>/,2 Proad-st "‘sLL,,, . , A ' vr o:-;v& Haines. lhore 18 oell at the door. _ gTKEN'A-HENINe PLASTERS, pro j, r a :.jtl for pains, weakness in the breast side bach, or limbs, .Vie, ihcy will give almost immediate and soutliin ; relief, and (iir pleasantness, safely, eas.', and certainly, are decidedly superior to most other remedies. For sale by ANTONY & HAINES, april 83 333 Broad street. PRIVATE BOARDING MOUSE, j lb'. W i LLI AMS having taken that cotnmo *- dions house, formerly occupied by Jiiijor Staii.cs, 147 Broad street, a few doors below the k.aglo and Phoenix Hotel, is now prepared to accont modntoa lew gentlemen vviiii board and lodging, april ifi tl b 11 -1‘ subscriber not having bo" notified ol tire -fl- arrangement to remove' Bl i I P.AND, jr. to Statoburgb, S. C. he had adverb- .. him to stand at Augusta the present season, but such is the call far his return to South Carolina, that his presence there cannot be dispensed with, and which will account for his not standing here, as he had expected. »Pt‘l « It HENRY DALBY WANTED TO PURCHASE, ' •J I J or at) likely young Negroes, for width good vWCf prices will be paid, in cash, by <!«■ 20 207 wtf J. & D. MORRISON. JIIST RECEIVED and for sale by A NJR | LEY, *■ SOOprs. Georgia Nankeen Pantaloons 5 cases do Nankeens, <|ualily superior to any ever offered in this market. Notes of theVVcsteru Hank of Rome taken at _ May Ifi PIIOTKO t'ioS I NHL HA NCtTcTJMPAN » . r | \HE undersigned, agents ol the Protection In 2 surancc Company of Hartford, Connceiicti 1 are prepared to insure buildings and their contents against loss or damage by firs on the most reasoim ble terms. VP, A J, G.CATLIN. Oft 31 dll 250