Chronicle & sentinel. (Augusta, Geo.) 1838-1838, September 08, 1838, Image 2

Below is the OCR text representation for this newspapers page.

Some vit set of the prop is..< j ill v < t us tin: tiov- I rrnmeut from the If inks, inhlrt 'ed I” the candid of till [nit firs. f.eitcr No, IV. The operation of ilia tfub-Tiei my n cm will bring npuii lho people < >i i(,. lin,l.- nr wide spiead mi’ I nnpaiulloit distress. The scheme is unsuited Alike lo the nun in which we Ine, to the character us our iinm<*ii-<• cmmim mid lo our habits as a people. If it hr adopted by (lie Government, then will our relations to the wlinlo civilized world he ihangel, an.l w shall sink into the deg'ailed condition ol a j . plo surrounded by all (In: rleinenls of weallli- yet poor; possessing abundant resources, which if develojivd, would bring lo Ibrin all ibr hle-s -rngs of modem society, yet wantii.o eveiy tiling which ennobles mar and adorns ',ilr. The American people ought to regard not only with distrust but with abs..iui« terror, iho.-o itli • rlclilieratoly propose lo subject them to an c\ • ■penmen! which is lo change the whole ho c ot society, nnd destroy its must established und venerable institutions. The aim of my 1s t number was to exhibit the fuel, that the operaiion . I tbit system would result in the prostration ol banks. Mm bond •of tbe scheme contend llmt it will on, I '.' update ns a wholesome check on Ibe banking sj'sletil. ll will be such a cheek 10 death brill : njion 'hr energy and activity of man. Ate wo- propuied t.» dispen r witli the a 'eticv of Hanks I Air we rea.lv to mi these institu tions crushed by the band .1 power, Iba l I; . ground may be cleared for the i violation of son r How government experiment ' This i-ll.e qm s fion which is hircej upon our consideration by the par'y in power. The question involves the largest interests of society. Hanks arp created to meet the increasing wants id end./.id man. Modern society owes the snpeiioiiiy which it bus Required over every ancient oigatiizatioti t f civil nod communities, to these mm b abused in atitulions. They have Seen bnidol in hie--,digs, i and ibey are inacj arable bo o i oiiiincreial enie.r prise nnd national prospeiily. Those nalions which am must advanced in civilization, which exhibit the hi;! . a tnornl and intellectual cultivation m lion ml which sus lain the most riunierous and iinpoilaiit relation, abroad, have earned the banking system into the vv idcsl operation. Hanks furnish ns with a paper currency, and tbiiH become itUmil l lied unborn eoinineicial p.c pcrily. It is a source of profound a-loni-Imienl that at Ibis day, them slum'll be found men of lllloimitiion who eondeiiin paper money, I hive searched in vain forlliu ~| eoniin<o ei il ticlivily mid prospeiily, if tins be not one us the i most important. It is coni in ua <ly objected lo n paper currency, | that it wants uniformity of value. Money vvaa ( invented ns a medium of ex. b inge, and men in ouily limes found llmt the pieeioiia metals were more suitable to then purpo-e then miy other open!, chiefly because id li eir mill, null v us value; hut as society enlarged and Its wants nnnei ail, nnd its interests became more complex, it uas found important lo create some other currcney j which s mild unite other qualides, l/nifonnily ol value, is undeniably a very im porlunl quality in currency—lnn is not the only ' Olio which wc shoOld seek. U e desire u inr ' rency which shall possess a inn form vnlnr , am! j heat lllesaino time, übandnnt, cheap ami con - i vetucnl. ll is impossible to obliiin any inedinm of ex- ' change, possessing a perfectly uniform value. 1 Even the precious metals do not, they are liable ' to fluctuations. Their value now ia by mi means so great as it was at the closo of the 111 cenlb cen tury. Alter the discovery of Ameiiea, tbe.-e nulals sunk exceedingly in value. Hut let it be j conceded that gold and silver do possess a greater uniformity of value than tiny other imdii; i of <xeluinge which men can employ, yet do they . . possess the. other advantages which we requiie m a currency! Will they furnish a cinreney so ' iihuiidaiil and convenient av that which Hanks supply? Hurcfy not, nr the commerei.il world: never would have employed a paper euneney. I 1 The obvious advantages found in puper in nev, ! such an abundance, cheapness and eonvenienee I ! induced commercial men to employ il in the pi... e ' ot the precious metals, and so long as it is a icj - ' resenlaltvo only; so long as il is conveitilde, n ' possesses a value sullicicnlly uniform for all the! 1 , purposes of trade. In a country of so great extent ns the United Stale*, nu abundant currency is demanded. This quality, abundance, cannot be sacrificed lo bare uniformity ol value, ll id .lined at tlie ueea ion. i ' nl abuses of tile banking system, we. should re ’ turn to a metallic currency, the result would be a universal stagnation of business. The curren cy ofcourso would bo an evrcnulv limited one. Tiadc would languish, enterprise would I en . energy, and that high, hold spun which has ear lied the hustle of activity mid business, into the 1 wilderness, which has levelled the forests and I adorned the streams of om land with villages, 1 towns und cities, live no longer louimnilu m. A country cannot sutler under a grexlei evil than a restricted euneney, and without the hank ing system it is impossible lo have an übtindani one. Dr. franklin, whoso practical good sen-e i known to the world says, m speaking ol an e.-av which ho had wiitten at. s.w«ie e.nhcr period “There was a cty among the people lor mote | a per money; only liliecn llnm m.l pound , being extant in the province, and that soon to 1., -milt. The. wcnllhti inhabitants Opposed any addition ; being against all paper euneney, from the ippie hension that it would depieciale a it had done in ' New England, lo the injuiy of nil creditors W e hud discussed the project in our junto, wle I was on the side ut an addition ; lu in.; j . . u el. .1 that (he Ural small sum struck in lik’d had done much good by increasing the trade, employment nnd number of inhabitants in the pi.ivmee: since I now saw all the old houses inhahiied, und man, new ones buildin ; whereas I lemembered well when 1 first walked aluml the slice sol' Dhdadel phia, (eating my tool.) I nw many of the hou-.s i in Walnut at reed, between (Second and front sir rets, with lulls on then doors, hr 1,,-/." mid many likewise in < heMiiil sheet, and other streets, which made me think the inhabit,mis ~| the city were one after another de-eiiing n. (),,. dehatea possessed me so fully on the subject i*, 11 1 wrote und printed an anonymous pamplile on it,entitled. “The Nature an Ncccs .gy ,: ;l • ■, . , Currency." It was well received by the common people in general; but Ihr rich men ,!n Ivvr it incieaseil and strengthened the , am ~ , r more money; and they happening to lone no writers among them that were able 1.) an . n Ibcir opposition slackened, ami the p. ml w , tied by a lie.joiilv in the U.u ]),. . further, “The utility of this cuneiu v ...... i. v time still experience, so evident, that'the prim i |des upon which it was founded, were nevet us- ' tetwards much disputed—so that il grew to . t t fne thousand pounds, and in 1 .dd, to , iglity then sand pounds, trade hnsin, . ,i i d /,, . the while increasing." This i- a b n,) 1 1 uI | lure in which the inl'.nence of u n -nn ,-d ; u la'ion is contrasted with that of mi «'. indant Euless the currency ho abundant, money : . ~ very high price; m oilier w ot.U t'.e i,. -. i’ ;in,,. is Irgh. Capital, in the place el being e.; in trade, or mgiiulaciure-. ei ..it;.;, , out hi high und ruinous Kite-. It it w, ro . ~, lul, it would he less produciivo in 1 ! would invest ii in some laud.ilde and u-,i ner. i'he laboring clas.-es arcaltvay- (he t ers by a syst, n which restricts the i iris . ; , the rich having the raj.ilal in ibcir own h nis put then own price on their money, und r. n' i do l price ol every commodity, an *! the \ ,- . all kinds of kilim. mil nA I Produce. when rnuncv is scarce, i s low, and I Iho poorer ehi- es who live liy llioir labor, find j tl>:il with nil llu-ir toil and onxic-ly hy day and ] hy night, they (KPmnulitle nothing, ( It i- u nc.l known liter, that those countries J | whu-!i ; < a restricted cm: my, exhibit Ini* i |ji|!, advancement ill (he i:ilprovcincnl* of moil t ~ ii i% ; ami lint rn. in is snlVi icitiiy ]il tin, money i* l n*o irilijuhlt! in inve.-i in r.nlcrptixes 1 which yield hill 11 iiindc-rnlo profit. Bridges, cmiimi. , ami rail r nnU cannot hi) mailt — they yield Inn small a nuurn lor money which ran be ierl lur in mlen-sl of lil'cen of Iwi-nly |a f cent. Ii i naliir.il dial the rich, the olllce holders uni! ail who rin f 'liiiii iinl money t>hnu!il favor a sv.-.li-iu which is to lednre the country to a res ■ tiic’c l cunency, lat the (4 if.it hudy ot tin [no I lu r annul till- inn h, if they coni)irchenil it. A ill •’iiigoisheil iiicrohcr of Congress,* a man ol genius and an elegant and |iialomid scholar lias said —“In the courac of hail a century alter (.'oiistiiiitiiie hid founded a new Home, whole trad sol In lie country hud hi . 11 1 nmpletcly dc |)o|iiilalctl an 1 uhandoned. liven that paradise of all r.i-llt, on wltieli poetry and panegyric hate hceii 1 xh.usir-d in every n.;c in all languages, the ('oiiil)iini.rJ'fli.i , a veiy considcrahlo (lorlnni was heroine a waste. Nor, sir, was this ownin' to I lie despotism ol the Cicctra, as an excellent writer ha i wall uhreiveil. in releience to this pare ,ge nl ! the “Dei line ami Kail,” and u i this coniinittic will do well to icinark. Tin re rn,o| crated with 'that Inis government, 11 curse which Inn been ■ ■ dd and is thus |iroved to Im worse lha 1 “the ~-c hi nt' the m i on I and the harn rtnps.s ol I I 1■ 1 irlli” a iln rcii <1 u:( lin r rnrv. The simply nl the pieiiom Inelals hud heen !■ 1 r upwards ol | nvo I: a'liUn ies continually diminishing, while the ipianliiof them sent in aiesi ol luxaries to the Bust, to r, ' 1 1 n no more, had hum imri-n-ing in lie Mime pin, 'r r I ion, and a revenue ot X. lf> or i «(l,000,00(> was •'■onsiunily levied in gold and • silver, to ho cxpunu'..' at 11 distant c.i|dlttl, or on 1 the frontiers. Thin imjKulant fact spcr.V v °l um( ‘* „n tin■; sul> Ij« it. ll in unqucaliomMy 11 that ~r,(; 141 *s*l ?«•»■! cjilniiniiiM nl itic* lU.’clinii. ’ •■nipin*, wjh a C UCLII:»! It »| | (lili:if|if,hl||jjr so jj li'ljlll, IJ v that ik** pay ol a mineral in tin tliiid cciiliny W M ' i itally no liiylior ilr.m that «•! a private had i. ‘ 4 * n * ri Iho rcij»n ol AogUHloh. ISO much lor lho Kutfiu.'* •Sr li-'J’jc 1; vj.i m i vht I.' i . Tl.o operation ol ihc h‘ • Ini in our country wil' l»c rqn.i ly Ir d, am! Iho cu:mj ul a u-UricUul I curmicy no 1 1! hNk'Jitin#. 'I ha U*m;!. ncy ol (ho h inking hyslrni i • to ex pand the capital ot ihe country, nnd lornnl; an I abundant circulation. WlumV capiat abounds, : credit cm Is. <hi 'lit, i < cs-miial (dike lo iln coin ; lottos society, and to ihe drulopciiicnt of it* u>- snnrcoM. Ii Miipplies to the honest poor, the want ol capital, and pl.i < in (heir hands the meant) <>t aclnevinn the noblest and most Ustdol »i iripri. /es. Ji cnah ted Kid I on. win) was poor, to carry -ml the conception ot his genius, and apply to 1 purposes of im Ration, r e po\er ol s'e.irn. 'J'lum ; 1» hut one instance out ot thousandd ol the bene licent 1 eaiihu o I credit, I Those countries in which a metallic curror ry i: n-i*il are hul li:(It* in advance of the position they occupied llnee Jinmlred years ago. (Jompare j \u.-tria or Kustia, with lirmlai.tl, nr Ihd.nnl with 1 the I nilod Stule . \et Au Iri», Hu i«ia nnd Po* | land employ n metallic circulation, while L’ncjland and lie (.limed WlrKi s have risen lo wealth nnd ; u aincss under the influencu of ih*o banking sys tem. Hul h it wi re possible to l'urni>h a melrdlic em reney sull’n icnlly abundant lo supply the wants •'I <‘*ir numerous and active population, it would slid want the important quality ul convenience. ii would resemble the currency imposed by hy- | emails on bis |;eoj<lc, the only ol jrel of which j was to t ibeni with comm rce h’he ciii/.cns ot Npaita vvem not permitted to I liavcl, and their brass and iron coin was sutlj. ■ Cicntly convo ieel. tor their doine-xtie pnrpo. es. i I hcn 100 it will he rcmeinhcicd, that properly was equally divided among them. The Spartans were dccidcil loco /ocos. Our country is an extended one nnd if is of , Rrcal consequence to ns, that id our currency I should he convenient. The labor ot Iran: porting gold and silver tiom place to place, is very great ' and the n.-lt attending the transportation is m,t : eniall. Jhe e are well known lu lu* great objec tions 1 metallic currency, hy liner who have purchased lands ol the (iovernment, since the op oration <»f the specie circi.il ir. II S a wull kmm n fact, thill gold h>i* nfu-n lu-.li c muled down fur I niu d Slates Hank Bills—nnd i 111 1-oimi msliiiK-pn, n 1 illinium lias hi-i-u iiaivl in c-x.-huiiging I In: |itooums mrials l.ir iho n. Ihis i. .1 la-'l w'oi 111 I hi- con si (hi ru I lim 11] 1110 si who talk about a uu-luln- cum 111 y fur iho I niu cl Sr,lies. Indri’d co sensible urn our poofilo of IUO value 1 of 11 pupor circulation, tbot they cannot bu indu ■ i veil to abandon 0. I’lio prn-i-iit Administration may m-.Uico them ' into a trial ol then scheme, but liny will piovi.U -thi-msc-lvi-s with paper. If du-y cannot obtain bank lulls, llu-y will ic.undu.o diu c-mnirv widl 1 c.luingn bills of llu-ir own. I bit 11 is s n ill dial Hanks aro bcailloss corpo r.ilmns, nnd lime is ni-icli said about monopolies. W bat IS a corpo.aljon, but 1111 assucialion ofimli ' x lil util is uivi-slc-d with Kuna- is, cnlnil pi i\ih-gcs, that they may opciulo t..r iho public, good 1 lm> piovouii'iils winch cann ll bo accomplislioil hy iKolati-il iniliu,lnals, aro olliicu-d hy oarpoi.ll ions. I''aciliiics wbicli an in.livdual cannot I’m in b— a company may supply, 'll, bc-ndiis wluoli sa cicly lift Ives from empor ila.iis in dm fonn of puli, lie nupiovcmouls, im groat and numbc-rlo s— ami i Ibr oiiii 1 mu dlsgnsiiil wnlt ibu stupid clamor j " hid 1 ilomiiinls tlio do.slruclioit of every llimo cs. : >d m the uit 1 drcmit of riiualizing sm ioty. I mb I lire opciation ol till- !S„li. I'n- I.oiy sysloiu , I bon! would bo fi ighlfyl monopolies ; ov ory otliiu boh.ol . 1 tlio (0111 1a I (lovoimiii-iit silling upon his ohosl nl gold and silior would enjoy 0110. Iml it is ooiili-niha 1 that tin- taut i-rnmont must 1 ho ill vim ril hum Hanks. iioio h: mo oh.one tr.. t1 Jo not og so with “A I Nnllilhr." ill tin-opinion that the iioosliou is I open, and lira! t\v '0 a- much at lihm iy lo hick about us fur a plan ul iVinUicliiig tlio liso.il allairs I ul the (i.nornincnl, as wo wv.o w bott die t 'uns 1. 1 ution was adopted. Hanks are in 1 xrslonco; they liiiio giown up under lire proicc.itm ul lltc gov.-rumoni, they an- idonlilii'd wnlt our business, I mnl our prospoury is involved in llu-ir forum's. W e arc- not ul liber ly lu adapt any syslout tvbiclt - bdngs about lln-ir doslruetiuit.—Much it svsiem w-'ukl ih'i>rade "Ur itmional cltntuclcr, while 11 do.. ] slioyed our Hade. There arc unity reasons why the Uovernmenl shin,hi employ Hanks m Keeping and disbursing ns money, .ndepen-k-m nf 1 It*- aid thus furnished lo the Hanks, und ihi..n;;lt iltoin (o (he people al hiigc. diem IS Iho iinponani fact, that iho money n- 01010 safely kept limn a -an be by any individ- 1 ual , Ibeeis appointed by lire tiover iiim-nl. 1 am aware ilmt iltia has been disputed, but my opinion is unshaken. Hank olliee-s. 1,1 --eiie. 1 rnl, a-e respectable and responsible men. They I a-- 1 nd*r the daily rvisio.t , f other., and the j "Pp -r amities ..| eomniiltnrg 1.an.1,. ■„* ■ j ew> -i ■ ''" n' Is a " Oil of motive, their xvlnjo tme csi lies 1:1 being honest. An- mil these men. ■ cr.c.ci. by then I, How cili/a-ns, to whom lln-v am : "c i ku Itv 11, much iiiuio likely lo possess the I ipnniiu-.iimns required in nit ollieer lo who 11 js j c;..m.,.11cd ,h.> cimreo el public l.lnihi, than imin . i'" l H:l -'- ' | ndly ui.kn mu u, tho tJovernniciU. ■ m | n led 10 their nolice only by p #n y - r -1 Mr. VV.iodhmy ! ‘ l '-l. He iidyoean-d iho d.-nosiie s,stem 00 I 'ln m00r, ,1 mat the public money, were M fe|y Mr, I.erur , ..( South furolina j “ li bhoulii l»u constantly recollected that the owners and managers of banks, when properly , regulated by legislative provisions in their char* . Ujs, ore, bk« other individuals, interested to ■ ; trafisoet securely i are desirous of making c and n ,t buying money 5 and '.bat these circum r ■ 1:1 r. - f with I lie preference in case of failure 1 *•- I liming to di*jr-5 and holders of their bills . over ; lock’.old* r. j , united w ..h the security, it f not priority -i'< n to the government .render them, 1 t in j -iiit of- *f• ty, generally mi ni si i’t-uioii to imiiviim al. a or. nth ny Tin: Umtmi SStatkb. | , j A; no, l.e rays-—‘lt in gratifying to reflect, 1 that the credit given by the (internment, whether < 1 to Hunk paper or hard; agents, liar been accom- . parried by smaller losses in the expericn 0 under the 1 v.-lern of stale banks in this couoiry at their .r'jr: / Jjtu'jil, uu I itntlnf their culunii/irf, 1 than any other kind of credit the govt riiineiU has ever given in relation to its pecuniary transac r lions.” \ el, in the w ry fare of this declaration of the ! * Hecrelary. a «!<•« Lir;*iion suslainrd by the lesli- | I rnony olden. .l.ickßon himself, i is proposed ! o j bring about u total and eternal iFfianitiori between tin.* govcrnrneni and the banks. A government •i which is thus fickle in its plans, and uncertain in its p« liev, is wholly unworthy of confidence, r The (Government can, by employing banks, not I only more alely keep ita moneys, but can trails., -■ fer them I’rorn plocc to place with much more 1 sal« iy and cheapness. » i Indeed, in whatever view iho Bub Treasury »• scheme ia examined, ii is monifes'lv most unwise f 111 ils comepiion, and must ho luinons in its ro y suits. .li;Nfi;« HRUTUS. | .* • •' - ' ” /T' ' /-wr: 1 eiiuoNH:?.!•: and skntinki,. “ . ~ _ r AB:«i:sTA. ;l * - 1 j M.idndu) .Morning, Mi-pli-mlicr 8. ST AT j-: Klf II ITS TICKET e loa eo.\(;ur.sa, , WM. U. DAWSON, It. W. HAIHIRHIIAM, J. ALFORD, '■ W. T. COLQUITT, 1:. A. N.'suin’, I MAIf 1C A. COOPER, THOMAS lUJTLGR KING, HU WARD .1. I)I. ACK, 1,. * e e WARRKN. We me 11 ro lliat wo I’amiot 100 ofien an J 100 I I'iin I illy urge Upon the Sia‘ u Rights parly, in . every quarter o( the Stale, the no." "ssity of united, ' l harmonious, and energetic oclioti in the approach ’ ; injj Congressional election. “Divide arid con. fitter” in now the motto of our adversaries, y,1( l j it we stiller ourselves to lie enticed into (he snare’s ' | which they liuvo set tor us, we shall liclily de | 1 sene (lie defeat which awaits us, and the sneers . and seeds el our opponents, for our imbecility i !ll, d stupidity. J 110 candidates of the State J I i ,l nbts jiarly are divided in opinion ns to ihe ex- j ' pudieney of Ihe null-treasury, ami so is the party | itself. Now it is clear, that if those who are to , | favor of that measure, vole only lor the suh-trca- i 1 silty port it' 11 of the ticket, and (hose who oppose * it vote only for the anti-sub. treasury candidates, ' j the whole ticket must fail! This stale of things | j is precisely what our opponenls w ish to bring ( 1 about. Not that they desire or arc willing to ' .-no a single Stale Rights sub. treasury man elect- " J j ed, hut that by wheedling us into the belief that the suh-tieusury ought to ho made a test ipies- ! tinii, they iiope to piodueo liisscntions and divi- j j si-ms in our ranks, anil by gelling us to split our b I tickets, to defeat onr entire nomination. Our a j opponents having no fixed principles as a party, | ‘itid being bound together, us Mr. Calhoun once . forcibly expressed it, “by the cohesive power .- I 1 the public plunder/' are always ready to unite I 1 1 upon any question, which is likely to enable j thorn to secure power and office. Ten years ago j t | die gieat majority of that party wore National j Ihmk men—three years ago they hailed and sup- ! ported cn mnsse, the pet bank system as a repute \ licun measure, and now they denounce and villity | j "from Dan to Ueershelm” us “federalists,” “aristo- I o i 1 orals, and “hank bought slaves,” every man who j does not li.ll down and worship the, sub-lioa-ury as ! I the mil; image of true republicanism! Through all i these mutations and violations they have always | I claimed to he the only true democrats and repub- | beans in the Union. Whatever banner they rally i imdei is the banner ol deniociacy j whatever limy I they put on is the vestment of pure republican- I . i ism, mid every man wh > does not wear the same . motley and changeling coal with themselves, ho- I comes a “hank bought federalist !” And shall ■ Ihe stale Rights party sutler itself to he deluded. ! 1 divided and defeated by the shallow machinations ' ’ ol the leaders of such a parly ' Is there a single I Vim lU| "’» ("'Per in Georgi i that has signified its , intention to support any ol the sub treasmy State ' Rights candidates ? Not one ! They flatter ■ them now with 11 little faint praise, hut they wil 1 a ,: * u 8>» ~ve r them in the day olTheir defeat. If , they he sincere in making u a tost question, and de.-iio to obliterate all former parly lines, whv 1 have they noi placed State Rights sub-treasury men upon the ticket 1 Lot our friends ho not de- j eeived l.y ibis hick of cur opponents—nay let 1 ' i llu ''" lml deceive themselves by attaching a great- I ; i er importance io this ephemeral question, than to . 1 the gieat and paramount principles upon which . j our paily is founded. Let them remember that , j division is defeat, and thus remembering, m ouse I ■ themselves to redoubled activity and energy, and rally to the polls with an unwavering dotirmimi ; j lion to cany through, our whole ticket, unbroken ' I and undivided < alii'.veil County, Missouri. Thi' county is principally settled by the Mor- 1 m ms. mid at the late election went almost to a , ; nun for the Loco Foco ticket. The St. Louis 1 1 Republican says,—“To understand the cause of ! | (lu ' " >le la ‘his county, it should be borne in i | mind that llie wlmle county, with probably the j * I’Xii’piion of il;e two or live dissenting votos, arc ! ! lUembeis of the Morniini society. We w ere cred- I 1 tidy informed before the election, that their leader i ’ Jo. Smith, had informed them that it had been re- j 'eale.l to him from Heaven, that all the •‘Latter- 1 ! Ja - V • s “ IIIS ’ must 'etc the Loco Foco ticket, and ! 1 ! “ ” V!,IS 'hey followed the dictates of their leader.” i 1 We should no' be at all surprised if the Apes- ! lie do had fingered some of the gold that ,M ,j, )r ; j maul carried into .Missouri just before the , ,co- a t'on. I his Major Idi in* is a dium-rnej aol the 1 Aduiini-tration forces in .Missouri « b n ,ther-in a i.'u of Identou, and capable of | e,(o„ n i„g ;l „ v ' c | dirty work in aid of the Party. I Wc have read iho letter of Edward J. Black, one of the Stale Right* candidates for Congress, j in reply to the Franklin and Taliiafcro enquiries and will publish it in onr ncvl paper. Mr. Prenli-s of Mississippi, is daily expected in ( N. Orleans, and it is proposed there to give him a cordial n reptiorr. 'J'lio welcome paid to the i distinguished Representative, wherever be hag ! travelled shows the ileep interest the people feel j in tiro measures which at present agitate the 1 country, and the regard they entertain for the j tilde champions of the Constitution and haws. | Amchican Iviitni i i. —It is stated that Messrs. Win. .V rris & Co. of Philadelphia, have ' completed a second locomotive engine for the! fhmlrian Rail Road, between Dresden and. j Prague. This is an evidence of the high opinion 1 ’entertained o( the skill of American mechanic? I I abroad. .. Nkaiomtan Indemnity. —The Becrelary of j I the ’J’reasuiy officially announces the receipt of : j the filth instalment c;l the Neapolitan indemnity, ' amounting to J 22 1,035,'J0, which claimants can I receive by application to the Batik cf America, in , New York. • - - From the V. Herald. 'J'ho resumption, thus far, has worked remark. | j ably well. Domestic exchanges are now very | low. except on the extreme south, where the movements of lire banks towards tho desired ob- j jecl ate more sluggish than elsewhere. The tales yesterday were as tollow :—Philadt 1- j plriado ia jj dis. Boston, at sight, par a j dis. \ B.dlirnore do. ‘ n I dis. Rielnnond do. I A a 2 dis. Cincinnati do. 2 dis. Savannah do. ;f a4 ! ; dis. N. ('arolinn.-Oi a 4 dis. Mobile do. 8 a j j dis. N. Orleans do. 4a i\ dis. Charleston do. j | 3 a 2 j dis. On the same day last year, the following were | the rarcs on some of the principal [joints : ! Charleston, 7J ; New Orleans, 15; Mobile, 20;! Nashville, 20 per cent. •M that time, | robably about 10,000,000 del- 1 lars wu.e due from the Boulh anil West to the i merchants of New York, and who, on account of the ruinous rate of exchange to which they j were subjected, preferred letting it remain until limy should gel better. This amount has, with the decrease of discount been gradually liquidat ed; while the stagnation of business produced 1 by the suspended condition of the banks, has 1 prevented the accumulation of a new debt. This, 1 with the fact that tho whole country is, as it j were, in a state of repose with regard to trade, I may account, in a degree, for the present favora i hie rates of exchange. But will this continue to I be the case when trade shall have resu ' eil its j wonted vigor I will not the same rivalry and .-■"i tionnl jealousies which were the main cause of li.C derangement of the exchanges in 182(3, be again mlled into action, and again produce the same results, unless controlled by the wholesome regulation of a wu'-ional hank ! St. A vOustise,Aug. 20. By the sclir Oct. Washington. Capt. Geiger, vve have received the Souih Floridian of the 11th inst. No news. V/e also received 'he following communication from “an old inhahila.'d,” which wo give a place. Wo are informed by Capt. Geiger that the houses on Key Biscayne, have not been destroyer!, as have been reported. Cap!. Geiger slates that ho saw Indian fires in the neighborhood of Mosquito.— /Jerald. To Hie Editor of the Florida Herald; hu u ; from late arrivals from tho northern parts ul this coast, we learn, that a body of Indi ans landed at the Caps Florida Eight House and burnt all the buildings lately erected there us barracks for a detachment of Iho IJ. S. Army— and from lire different tires seen on the coast, we are led to believe thntllie establishments form ed at Jupiter and Capo Sable, have met with a similar fate. At present, the whole of our coast from Mosquito to Capo Sable,-is in the quiet possession ot the Indians, —they are allowed pea. c ably to recruit their strength, and to manufac ture their coontec preparatory to tho commencing of the winter campaign. From the Cheraw {&. O.) Gazelle. The present outcry against banks and banking alfords a striking illustration of the blinding i,,°. Ilucnco ol political party politics upon rhe minds el men. A few years ago the currency of this* country was the very best in the world. No other j answered with bo much perfection and conveni. I erne and economy all the purposes of a currency ! over so extensive a territory, Every bank in the i I redeemed its notes lu gold or silver when 1 I presented, while the bills of die Smallest branch— jof any and every (.ranch—of the U. gt. Bank I vvere not only at par, but were preferred la spa i eu 1 , from the remotest hut ot eivrh/.ed man in Ar kansas, or Missouri, or Wisconsin to the farthest extremity ot Canada. The currency possessed all the advantages of specie with none of iis dis. advantages. What be.ter could be wished or conceived' The country was fully satisfied. It could not bo Otherwise, so long as the people were allowed to look at the subject apart horn other disturbing influences. As soon however as ma naging politicians succeeded in bringing it into connection with the popular elections, the great disturbing influence of our country, strange as it may seem, thousands upon thousands saw evils to ho remedied which no one eve r fell, and mis ehiels browing which ir never before entered their 1 imagination to dream of. During the adniiiiislra- ! mm ol Mr. Adams, a proposition was made in ! tho House of Representatives by Mr. Stevenson born \ iiginiu, afterwards appointed speaker of | the House, and then minister to Great ISriiuin to sell the stock held by the Government in the I. S. Bank. Fliis proposition was understood to I be hostile to the bank and to bo designed as an | entering wedge to its overthrow, ft was under stood to test the strength of the small parry „( i discontents with the existing provisions of law lor regulating lire currency, flow small the par- ■ | '-V «■•>=* appears from Iho fact that after discussion 1 and the most ample lime for deliberation and management, Mr. Stevenson with the utmost ex- I ■ enroll ol Ins talents and influence, could procure i nest seven votes tor his proposihon. Wo sue de ! irom memory , but believe wo are cor-oct \l I j most the wildest project that ever entered‘the I , head Ol any tenant of « lunatic asylum,if I p*'r p’d by the ingenuity and eloquence and popu I larny ot such a man as M r . Stevenson would ru- I eerve a; marry supporters among any promises I OUS assemblage as ,„,g P ;w House of liepre. sentativcs, congregated from the different slate? ol the 1 niotj. lu Heeling man considered the currency regulation perfect and settled. '■Such was the stale of things when Gen. J ,ck son, during tho first term ol his administration, hung persuade.l by less patriotic and less hone it sycophants around him, that the success of hG udinmtstra ton, was neccs-ary to the prosoerhv “i the country, ,1 not to the stal.il ly of our re publican institutions, and that thcretorc it was right to employ the patronage and inllucace of ■ ■he government ... controlling the elections, un detlook, with that view, among manv other I dung ,no less exeeji nm dde, to dictate to the V I " Uanft whom it should employ in the man- t agement i its .’ranches. He probably consid. .- '-I 1..e . ink a department ot ll lC governrnenr, - ' "\ ercl ;;r, 0 rl " l " h:l >■- f not formally under hi* I control. Jiu! aiiecioisliiM , | ;h 0 j,* .;. , r y-- 5 ■ IheyoUuf hi, authority. It hereby, „f , incurred the implacable hatred ol the efficient ! General and Ida manager* and udhcicnts, who ; i for'hwith commenced a war of extermination ! ‘ against it, in which tliey persevered until they I a finally enlisted their whole political party in the ( I warfare, and then being in the ascendant, they ol | i course succeeded. lint every dog has his tlay. i s Tlie sealo is turning. They, in turn, are now 1 being j.ut down, and a hank if not the fame ; ) bank, will, in due lime, rise upon their ruins.— 1 ' Things will then, once more, return to their lor- ‘ t mer stale. | < 'J’he hostility agaiirst the 11. S. Hank was not j s confined to that institution, hut hy every natural j i J process extended itself to all banks and banking 1 : i The parly, in the infatuation of its blind zeal, j I | actually worked itself, against all reason and all I , experience, into an anti.bank, specie patty. From, the N. Y. Whig. hater from Jamaica. The John W. Cater arrived on Friday evening I last from Kingston, Jamaica, with letters and pa pers from our cor respun Jr nl, up to the 1 Hill ultimo: • Correspondence of the New York Whig. Kikostux, Jam., Aug. 13. I send you a file of papers in which you vs ill ' 1 find all the news, particularly in relation lo the 1 ' abolition of the apprenticeship system in Jamal on. lam glad lo say that we are all quiet hero, I and in the country. The only dispute is between master and servant in regard to the rate of wages, and that on die estates. The town negroes are j I working quite well and in good conduct. They j are more civil iha.n when slaves. The first of 1 j August passed oil in great qu'elncss; all went lo ] church. 'The second was set aside for rejoicing; rockets and bonfires were lltu order of the day. L. C. We bave beard of no more Indian murders or depredations during the past week, oilier than an attack upon the dwelling of Mr. Grandiam, t at Wuiicissa, on Sunday night last, hut the de- i j fence of the inmates drove oil' the Indians. In | dian signs have also been since seen on the j i plantation of Col. Gamble in the same neighbor ] hood. The troops under Major Taylor wo are inform ; ed wore un-ueccssful in capturing any of the In j dians who committed the depredation on the fa- I mily of Mr. Baker, they haring escaped to the i j East of the Oscilla: Several companies wo are i j informed have been recently organised, and are j j led by a Mr. Hagan, an experienced Indian linn- t tor, and hopes are entertained that they will bo j trailed to their hiding plucesltnd captured. W o have no news of importance from the troops j lin pursuit of the Creeks. Few recent signs have j i been discovered.— Floridian . * j Another Attack. 1 We stop (he press says the Tallahassee Fluri- I dian, lo give notice of another Indian attack marie on the dwelling of Mr. John Adams, about two miles south cast of tire plantation ol Tom j Fetcr Chimes, on Thursday evening last, jMr. Adams and family escaped, but the dwelling was plundered. The neighbors were in pursuit yes terday. but the | arty supposed to number six or seven Indians, escaped. New CtiTTti.v.—The first bale of now Colton ; this season Was brought in town from the planta tion of Maj. U. Hayward, on Monday last.— It is a beautiful specimen the staple long, line and -if ky. It was sold at auction, by 11. J. Haekley on Thursday, and purchased by the firm of Center and Keen, for 133 ‘tents per pound.— Floridian. From the Houston Fanner, Aug, 10. Texas* Tiro Houston Danner of thu 10th uit., has the following: 1 he death of Ctrl. Karnes, at the hands of our treacherous enemy in the West, calls loudly fur some action on the part of thu Government or such of our Citizens us may not hu disoosed lo stand hy and tee our people alternately plundered aud murdered hy Mexican marauders, toil/un our limits. —It was but a few weeks since, that a parly of our citizens was attacked near Doxar, plunder ed, and one ot thorn Killed. Subsequent to that, Mr, Brennan, the ilepresentalivo from San Patri cio, is stated so bave fallen into tire sumo hands, and to have been put to death—and "now tho in telligence reaches us of the murder of Cui. Karnes, on ti.e San Antonio road, not more than 125 miles west of this city, the Capital of the llepuh lic! Col. Karnes was an officer of high character and distinguished conduct, and Iris loss will he severely felt in our Military service. \ ellow Flush Correspondence. ! , Thoso of °" r loaders, says tho Philadelphia I Gazette, who remember the amusing account of lan “Assent lo Suminal of Mount Blank,” by the ■ footman o( an English nobleman, written hy flood, j may tolish a more recent sketch in a similar vein! ; Several numbers of Frazer’s London Magazine have of la e been supplied with “The Yellow Plush j Correspondence,” so named from the color and j material of the inexpressibles belonging to the volet of a fashionable, gambling peer, travelling jon the Continent. The correspondence cmlira- I cos the current details of the travel’s history 0 f 1 both master and man. The subjoined extracts I describe the triumphs and troubles of ,h e |. lUor m tho British channel. We scarcely know in’ | which the reader will feel tho must interest the | incidents oceuring to the writer, or lo the extra" I ordinary orthography wherein he agisters his ; WOPS. ‘Gentle reader, av you ever been on the otinnl —•Thesea, tire sea. the opljen sea !’ As Barry j Gromweil says. As soon us we entered our lillio j wossel, and 1 d looked lo mas er’s luggiteh and 1 mine, (mine was rapt up in a very small hand- I hcrcllor .) as soon, I say, as we entered our little w esse I, as soon as I saw ,1)0 waivs, black and I iiotliy, like the fresh drawn porter, a dashing i a g al,lst tho rihlrs of our gallant bark, tire kcal | I,ke "'edge, a splilten the billoes in two, the’ j Sal, ' sa flapping!" lire hair, the standard of Hong, land floating at the mast head, the steward a gel- I lln S r ‘‘ :ul y llle Casings and things, the captiii"- 1 proudly a treading the deck and given orders to . the rulers, tho while rox of Albany, and the ba ' im 'HOfncuas disappearing in the dislans— then ; then 1 felt lor the first lime ihc mite, the nradgis! ty ol existence. ‘Yellowpiush, my boy, said 1 | in uuialng with myself, your life is now about to j commence; your caicur as a man dales from your I entrails on board Ibis par kit. Be wise, bo cau. j lies; forget the follies j fyour youth. You are no i l,,n S er allo y n»w, but a footman. Throw down j your tops, your marbles your boyish games; throw | jdi your childish lialiits with your inky clerk’s jaekit—throw up your ’ * * * * * » . ‘Here, I reelect, I was obliged to slopp, A feeling, in the first place singular, in (ho next place painful, and at hist completely overpower, I mg, had came upon me while 1 was making the ahull speach, and I now found myself in a Huia -110,1 whlcll ‘fl-ilixy forbids me to describe. Sullls to say. that I now discovered what busings was I made tor; that for many hours 1 lay in „ hugony ol oxoslion; dead to all interne and purposes; 1,10 rall * paltoring in my face, ihc salcrs a trr.mo-’ hnk over my body; the panes cf purgatory g0,,',-* , on inside ! ° J At Boulogne sur-Mer, the eirar.t party paused lor a while; and the mode in which they killed ) the common enemy during their slay is quite en tertaining. r •Our amusements for the fnt, it wo slopt here 1 v. er hoath numerous and deliicful; nolhii g j,,’ tact, could ho more pichon as they say here’— in the mornin hefo.o break! .at, we booth walked ■ mi tho peer ; master in a blue inureen j -u kit -11111 ,J mo in n -lap up now livery, bualh provided with “ long sliding oppra-glaseei. With* igsamined. uty attentively, the ction, the sea" weed, the pebbils, the dead eats, the llsbwttmn, and !lie vvaivs (like little children playing nt leap, frog,) which came tumbling over one and other on the tlti cr. It seemed to me as if they were scrambling to pel there, as well as they might, being sick of the sea, and anxious for the hle-sid, peaceable terry-Jinny, After breakfast, down we went again (that is, master on his heat, and mo on mine, for my place in this faring town was a complete shiuycwe,) and puitln our tally scoops again in unr eyes, wc igsamined a little more the otion, pehhils, dead-cats, and so on ; and this lasted till dinner, and dinner lasted till bed time.’ A Ntw Toren of Toco Foccis.it.—The jac obin organ publishes the following notice : “Marshall J. Uacon. Esq., is the only democrat ic Justice in the city. In these times of litigation let our friends remember him. Office corner: of Woodward and Jefferson Avenues.” —Detroit . hlvertiaer. A I’n.MAl.l; Dm,—An “affair of honor,” ot a novel diameter < a no off yesterday in an ••pen lot, mar the i - cud of Girell street. The principals woto i t (’the Cyprian God desses who hold sway 1.1 that quarter, and the seconds (of whom limit! were two on each side) belonged likewise to that same s slerhood ol'divinities. The misunderstanding arose in the morning —all about love—a challenge passed—prelim inaries were arranged in short order—and at the appointed hour in the afternoon the par ties were on the ground, together with some fifty or a hundred spectators. The weapon chosen was that which the Ro mans nailed pugillum ; undone of the “fair j "no?.” who was a native of Albion, declared ibat she only wanted to fight ‘cot-din to sci encc the real scientific licks —and no gong ; mg—(a r fight,” said she, “,s all I his'child wants.” 1 lie other, who was an accommodating i \ankee sort ufa eremtre. told the foreigner that “she might have it science, cr any way | she wished. And Trn vvrutliy to git tit you,” 1 smi she, "(or lick you I will—Tin determined | on it.” i Hl, i o ring was formed at once by the other ; -"ddesses in attendance, and at it they went. b or a while, the superior * science” of the En j gltsh girl seemed to promise an easy victory; • bu' the Yankee, finding this would never do j for her, (hsregarded her pledge about “figlitii g 1 fair,” and sensed hold of her anlugou si a U \ Kentnc!:, downed her, rolled her into the gut ! ter and there pummelled iter to her heart’s | content. We marvel exceedingly that I lie seconds I ‘">l interfere; uni they were probably the first seconds that were ever placed exactly in such a predicament. Whether the affair end ed in the gutter or not. wo have not heard; hut wc presume that the honor of all concern ed was tolly satisfied.—i\. O. Picayune* MAIt lIV ft IXTKI, l,!(; cvcih „** VAN NA H. Sept. 0.- Cleared, is- Falcon, l«n«L ■ 1W.1tm..,.. , scar «iir»irl., fcnow, tkdfiml, sclir a. lutin' beT, liurges, ikslcii, * j An iu i!, sliij) (ki.sjon, Whlcfesi v. New Vork.hr Wju I I ;'> 1..r, Hofy, .New Vml*. hr Xvv/llanovc :t, ( roll J'hil ;.e • |)hi:ubr iJ;imf4ii, JSeoir, "V-w York, hr I'audom’, Oh I i n, Havuna, s oo|> Ckoi'pj!, Dickerson, Boston, hr Cv\, ion, >un|. , l.'oston, sclir Ajnx, Morgan, I’lnludUnhia, sleani l)o..t I-rcc Trmle, Criswell, Augusta. CIIAKJ.KS lON. .*•«. pt, 7. —Arr jtsltrdt v, sclir Polo *‘»uiinan f Tlioiimsioii. (M.,) schr \Vin iiun v, . .m,i st ii. 'riiomnston, (Me ) steamer 1 hos Sa'inoml. Hu’r n. lilack Oet k. Ckaied, hr Octavia, Kllery A lexiintlrin. (D C.) »cht A hurt-,. Gomez, West Indies. *-* - *—■»- JXMS* *rtOL.. r*Si ,y?i 9TUl DIED, In f!it11 o county, on Friday, the 3-lth inst after a pnmilil and lingering illness nfsevurnl months, Mill, Mu.-.w.ui E. McCone, aged twenty-nine ycais and" tun teet i nays. The nmny virtues of tlio deceased which were evinced in his character of bn.band* iuhl jarent, son, brother and friend, have excited the deepest regret in the community lor his prema ture departure from earth. Human judgment- is in capable ol appreciating those ennoblingqiml.tics ut 111.' heart, till death lias, as in this instance, blighted and Withered the source id' their balmy intluonco over a w ide circle of friends and relatives : lor such nils the hie and character id Major McCone, who lived nncorrupted aOove temptation,as “ A s;ito companion, anil an easy friend ; Unhlamcd through life, lamented in his end." -A r , TJ -_ At a meeting of Council on the Ibt day ot bi piernncr, 1838, it was lit solved, 1 hat his honor 11 • o Afnvor bo rc quested to convene the citizens of Augusta, on Saturday, the Bth inst. at 13 o’clock, at the City Jf.ilJ, to appoint delegates to the Convention to meet at Augusta on the thiid Monday in October next.” A true extract from the minutes. CEO. M. WALKER, Clerk, In conformity to the above resolution of the Hity Council, I, Samuel Hale, Mayor of the Augusta, request the citizens to meet at the City Hall, on Saturday, the Bth inst. at 13 o clock, to appoint delegates to the Commercial Wonvenimii to meet at Augusta on the third Monday in October next. SAMUEL HALE. ~ 7/'s'V?sr a " ll ">fised to nnnouneo SAMVEL *vt ,iN “ dale tor Major ol iho -nh Han,alion Georgia Militia. J BSpt S j " i >n lienevolcut Society. I n j ~ " lowing lire the Visiting CJonnnutccs ap poll li d to act lor die present month ; IV i' ('•■' Smbl’' J Tv,' 1 " , Kll 7 hl ’ Um - Thompson, I *';• and Miss K Marshall. |v, uision i\o. 2.—Ucv. Isaac liorinir S. H. Groves j Mrs. Anna Winter, and .Mrs. F. iM Koberlson. '' son ' J v7 , r/' rlor Reining, iSnmuoKJ.WilL a 'll, aits. I.arna MeKinno.und M's. K, W'.Colicr - a: ‘ ' ... T.S.STOY, SocJy. jM. H- McKMH, ill • v"„ J ‘ l '°"d Street, Augusta, Ga., \ x 'i r 1,10 IVe ' v Vork Albion, Emigrant .“ 1 " n .‘ l °ld Countryman, will receive subscrip l.ww and pavincms. _ jy .lime 9^ |V! «• A* REAJI is my duly authorised agent during my absence I nun the stale. WILLIAM CEAOETT, Jr Augusta, August 23, 1838. ,p OS/r.jo/^ ulTsZu ,au :' x ? froia '■■‘ cuit y business (hail,nay be inter! sled hi ° r " >C “ Uy Auguata. August 14. I B fB GBEItTB - <> , »'f<- - K.-.1/r. JAMES W. JiAKEKirUTy thosmlo ' attorney during my absence from th » uguat C, 1838; r. WILLIS is mVtMWall lnaall::: r r,‘, a,£,Jnioy 1 Urin ° July 21, 1838. ,(• HL'l'OlU) S 5, MORPHY Will ■■ 1 1 * V ibtnng my aliseneu trom the city • all p i.sons indebted to me will therefore make Wo dmto payment to him. A f 7 Augusta, May 30, 1838. ' 1 / r hK ' heittg about To leave the Stale h,r “ '«w weeks, J.vo. M. Hampton of I i , reus county, will act as his agent „„d attornev i - * til !.<• ro.nrns. JUJIN uuohn, Laurens Co., Ga., June “3. tti^w *** I"—AH persons are cautioned against - i- employing or trading with a tree man ol color by the name ol JOl/.V SCOT'!', unless a ticket order from the subscriber. I'. 11. MA.NTZ Angust 37, 1838. wit