Augusta chronicle & sentinel. (Augusta, Ga.) 1837-1837, April 20, 1837, Image 1

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I QOIMQSKB]^ WILLIAM E. JOXEB. AUGUSTA, GEO., THURSDAY EVE A'SAG, APRIL 20, 1837. [Semi-weekly.]-*?*!. Oft • iJaljlisjcU DAILY, SEMI-WEEKLY AMD WEEKLY, At No. 251 Eroad Street. Tf,n\f?— Daily papn, I’oa 0 dlxr* per annum : n n Ivanca Semi-wsekly pap»r, at Five Doll -rs ta heretofore i i advance, or Si* al the mil of the y.nr. Weekly paner, Three Dollars in ndvar.ee, or four at I he end of the year. “chronicle and sentinel. AUGUST t. Wednesday Ercnin;. April 19, 1837. By the Idxpress Mail this morning we received slips from the New York Commercial Advertiser, Journal of Commerce, American, Evening Post, and Herald, bringing Liverpool dales to the 18lh March, and London to the 17th. The news is . very bad; Cotton has declined since the last ac counts from a half-penny to three-farthings per pound. Accounts from the United States are anxiously looked for in England, and the pros pect of better times there, seems to he in a great degree dependent upon the amount of specie, which they get from this sid f of the water. What are to he the consequences, when they le.trn the deplorable sta'e of money and commercial af fairs here, we shall not even conjecture. But it is needless for us to comment upon news—such as it is we give it, with the single remark, for the benefit of many of our country renders, that a fall of three farthings is equal to about one and a quarter cents; add to this the fact, that the buyer here, must buy for a still declining market there, and a fall of three farthings to one and a half cents here. Office of the Journal of Commerce,) N. York, April 13, —2p in. $ SEVEN DAYS LATER FROM EUROPE. By the packet ship Sheridan, Capt. Russell, we have received London payers to March 17th and Liverpool to the 18lh, both inclusive. From Friday the 10th to Friday the I7th. cot ton experienced a farther decline of id. a Jd. per pound. The money mnrketwas such on the 14th, that cash could he obtained at 3 per cent, per an num. It afterwards became less easy. Correspondence of the Journal ofC'ommeree Manchester, (Eno.) March 18, 1837. The excitement on the subject of money has not abated. Neither has the Bank of England os yet ine,tensed her stock of Bullion. No ex tension of paper issues can therefore be expected. To relievo the necessities of those greatly ex tended, and yet continue the contraction, is a finest difficult, though imperious demand. * To depart from this course, might either endan ger her own safely, or cause a frightful calamity. This feverish and anxious period may contin tie some time, for it is to the United Slates o lone that all u ten'.un is still directed for larger remittances, and that of specie. Bills of Exchange already a hound, hut they merely change the course of ro ai'osibilil cs, and leave the evil unditninished.The debt roust now be paid, cither in produce or money. If in the former, its value wil bo re duced. Already the loss of Colton has no parallel, un less in 1825. The middle range of Georgia is down to 7d, equal only to 10} cents in the Slates. The trade in this article in all bs various blanch es is dally falling off, and the workmen arc soon to he reduced lo 3-4 of a day each, which (with the present high price of bread and provisions.) offers, to the almost countless thousands depen dent on it, a lamentable prospect. Although the Reformers have got the Church rales Bill through the Hou-e and Commons, llie small majority, want unanimity, and the peculiar stale of the country, will doubtless dispose them to he quite satisfied, at this session of Parliament, i if they carry the Irish jMunicipal .del only. A few unimportant failures have occured dur ing the week. NAUTILUS. <■ From the N. York Commercial Advertiser, Kpril 15. SEVEN DAYS LATER FROM ENGLAND. The packet ship Sheridan, Russell, arrived A last night from Liverpool, whence she sailed on 1 Sunday the 19th of March, in company with the , packet ship Columbus for litis port. Our files are London to the 17th and Liverpool lo the 18th, | both inclusive. The money market remained without any material change. The cotton mar- < I ket was farther depressed. Parliamentary Proceedings. Great numbers of petitions, for and against the I I abolition of church tales continued to he brought I I up in both houses. From the tenor of some re- 1 I marks, we inter that Lord Brougham will a.lvo- I cate the measure. The proceedings in the House 1 lof Lords, up to the 16th of March, presentnolh- 1 I ing of general interest. ( In the House of Commons, on the 10th, a do- ( ■ hate commenced upon the subject ot intervention * ■ in Spain, which occupied the whole of that and ■ the next session. Lord Palmerston vind.caled I and justified the conduct of the government, and ' I rhe right and propriety of assisting the constilu- B tional cause, even to a greater extent than it had ' ■ been done. The church rates bill came up in the lower I house on the 13th, and was debated very warmly 1 Bon that and the next two evenings. It was op- 1 B posed by Sir Robert Peel, Sir W. Follclt, and B Lord Stanley, and supported by Lord Howick. 1 B Mr. Fowell Buxton, Dr. Lushington, the Attor- ' B ney General, Lotd John Russell, and Mr. Spring ■ Rice—and finally carried on the 15th, by a vole ' lof 273 lo 250; ministerial majority 23. ' In the House of Lords, on the 16lh, Lord I Glengle gave notice that he should propose reso- I lutions respecting affairs in Lower Canada, sim- ' I ilar lo those introduced by Lord John Russell in 1 I he other Hou r. He was aware of the import- ' I ance of the subject, and anxious to bring it fur- I ward as soon as possible. In the Commons House, on the same day, Mr. 1 [ Clay brought forward his motion for the suhslb I tution of fixed duties, i stead of the present b graduated scale, on the importation of grain. He i stale I his proposition to he, 10 shillings per Ir quarter on wheal, 8 on barley and 0 on oats, until SJune 1840 ; and after that, just half the same B|Xaic«. ( The motion was lost, only 83 voting for it, and W 823 against. | rhe impression was, that the church rates bill jEpouhl no* succeed even in the House, after the ■mail majority in committee. That it would he out by the Lords was considered scarcely ■Questionable. Mr. 0 Connell has brought in a hill lo secure ■the liberty of the press, containing some very es ■ sential alteration* in the law of libel, as at pres § cnl existing. Wo annex the principal of these. •1. Ex officio in forma I ion not to bo filed on ac s count of libel*. i “3 Indiciman's for libel not to be prosecuted upon b tlie mere allegation of the criminal intentions of the publishers. “3 In cases of public libel, not necessary lo prove commission of crime to which libel is acces sorial. “4 Indictments lir personal libels to ba prosecu ted by the person aggrieved a'one.’ “G Defendants in action* fur libel may prove the truth of his allegaiiun*. •■7 At tlr trial of any indictment fur a parsonal libel, it shall be necessary for the proircn or to prove ihe service on the publisher thereof, either personally or at his place of abode, (one week at least before the indictment found) of a notice in wri ting, calling o i him to retract and contradict the libellous mailer. “3 If the publisher shall within one we-k from the serving of such notice as aforesaid, disclose the name of the author, and furnish the prosecutor with sufficient evidence to sustain the prosecution against the author, it shall not be competent for the prosecutor to snstsia an indictment against the publisher. “M Act not to extend to prosecutions for blas phemous lib-.ls, or li els on his majesty “lo Lira, lug dilution ot impr.s ivnunt and nm't of fine. c nvi t-d l.bdler, whether public or personal, to be sentenced to any greater 1 agth of imprisonment I hut 6 mmnlis, not to a greater fine than XT JO, nor to any oilier punishment ilian to im prisonment or to lb. payment ofadirie. Great preparations were in progress, in vari ous parts ni the kingdom, to ccdenrato iho birth day ot I lie Princess, Victoria, She becomes of age on her approaching birth-day. •Flint I iiweett. the eminent comedian, died on the 12ih ol March, being in his C9lh year. He had retired Irum the stage tor several years, and died in poverty, being supported from the thea trical fund, of which he had long been treasu rer. An experiment was tried with India robber hose, in London, and it was found to resist a tremendous pressure by a powerful engine, until the engine itself was disabled by the breaking of a ciank, whereas the leather hose hud burst long before—both kinvs being attached to the aaine engine. The Liverpool Journal, among other nows from the United States, informs its readers that, “the specie circular had been repealed, but that the repeal had afforded no relief lo the money market.” The Thames tunnel has been completed lo the extent of 723 feet—l3s feet beyond the place where the masonry gave way, some years ago— and in a very short time will he finished to low water mark on the Wapping side. 37,270 per sons visited ihe works duiing the last year. I cing an increase of 8000 on the number of the year previous. The United Service Gazette announces a set tled determination on the part of government, to take the management of the army from the Horse Guards, and vest it in the House of Commons. The total value of stores, arm*, a n munition &c furnished to the Queen of Spain by the ord nance dep.irlment, is X 339,383. It appeals by o return just laid before parlia ment that the amount at present charged upon church rates amountslo£Co6, 480,namely, £O7, 510 duo to the. church building commissioners, £586 014 due lo individuals, contracted under the authority of parliament, and £12.863 due to the commissioners for the issue of exchequer hills. Tiutie or Lr.r.ns.—Wc regret (o ray that two nr three failures have occured during the last few days in Leeds.— Leeds Mercury. A Marseilles Journal announces that Paganini has left that city, and intends to proceed to A mcrira, byway of Havre. London, March 17. —The uneasy fooling in tlie city which was adverted to yesterday, has not diminished. Some ot the bank directors have been in deliberation to-day on the situation of affairs, which requires constant will hing and the exertion of all their judgement. Their dis cussions look place notin the bank put in a pri vate residence, ns calculated lo attract less notice. The particular object of them did not of course transpire, hut it is understood that they did not refuse their concurrence with any of the arrange ments proposed lo them to-day. The consol maiket is declining, though the difference from the prices of yesterday is n very trilling one. They left off at 93 to } sot the ac count. The Bible Society of London has lately pre sented the library of Antwerp, with an almost complete collection ol all the Bibles it lias publish ed. The co lection consists of 107 volume*, part •li quarto, part hi octavo, written in 82 different languages. FRANCE. The report of an intended marriage between (lie Duke ot Orleans and the Princess of Mock lenluugli Schwerin, is renewed in very positive terms, Several of the Paris papers, ns well as of Lon don. circulate a report that the King of England had invito J tlie Du ses of Orleans and Nemours lo make him n visit. The niiiiisiei oft he inteiinr presented liis de mand for secret service money, on the Jsih of March. The amount a-ked for was 2,000,000 of francs, being 830,009 more than that required last year; the increase was accounted fur by the necessity of employing an additional number ol secret police agents, occasioned by the atempts on the King's life, and the machinations of the republican clubs. The examinations ol Mcunicr were not yet completed ; his trial was expected lo come on by the first of April. PORTUGAL. The advicesxfioin Lisbon arc to the 2nd of March inclusive. The accounts are more en couraging than of late. The government had taken energetic measures to put down the gueril la disturbances in ihe Algiaves, and they had been to a great extent successful. A loan had been negotiated, and the financial difficulties ol the government were in a fair train of removal. The kingdom was tranquil, and confidence in the existing ministry had been much increased by the prudence of their measures for the attainment of economy and reform. The project of the new or amended constitution was ready, and would be laid before the chambers in a few davs. SPAIN. The long lalked-of eomfiined movement was at last made, on the Kith of March, by Genera's Evans, Espartcro and Saarsfield. Ibe contest was not yet ended when the latest advices were despatched, hut the movement a| pears lo have been to a considerable extent successful, although the success was gained only by very hard fighting, and with severe losses on both sides. General Evans gained possession of the heights near St.Sehas'ians, and of all the Oarlist entrench ments—Espartcro entered Durango, so long the head-quarters of Don Carlos, taking 800 prison ers—and Saarsfield had advanced to a position which enabled him to keep the main body of the Carlisls completely in check. General Iliarle, with another considerable body of the Christines, was advancing toward the Bas tan ; and so far as we can judge from the ac counts, the Carlisls will scarcely be able to pre vent a junction of the several royalist armies, at such points and in such number*, as will give them the command of almost the whole country hitherto occupied by the rebels. From the N. Y. Commercial Ado. Boston —The Boston Courier of yesterday morning contains the following;—ln lids city we have bad some failures, within few days, for very large amounts, which affect also the New Yoik houses, and yesterday the extensive house of Crocker & Richardson, at Taunton, was reported to have failed for six hundred thousand dollars ; they have had dealings to a very heavy amount i-r this city dealers. The shoe dealers hi some of the neighboring towns are expected lo be great suf ferers by the failures at Ihe South. From Ihe N. York Evening Pod, April 15. Remarks. —We arc hall inclined to believe with many that the money maiket will gradually improve now that the election is over and the whins have succeeded. Why should it not he so l The electors of this great city were told before the election that if the Whigs were tnum I bant and the Van Boren men defeated, the times would improved, nnd ihnt in place of distrust, confidence would fin substituted. May such predictions be fulfilled ! But it is an idle waste of words for men to talk in ibis way. W hen whig triumphs and festivals nrc forgotten, men will return to their scnscs-the Mechanic wil be as poor as ever, and the Merchant still in debt beyond his ability to | ay. When the outs are in, and the. in’s are out, we shall sre what little dependence is to be placed on political prophecies. For our part we have been guilty of holding out no false signs; we took the only honest broad ground of principle, and plainly told the people what might be expected from the inordinate am extravagant dispoaiti .n of speculators. »> c tol them the evil day was fast approaching when the golden dreams of these false friends of the people would vanish into thin air. But let that pass. • Things must regulate themselves; and no curses, however loud nnd deep, against the admitiistra lion, will alleviate the trouble we arc in. I The Stocks to-day arc stili further down, but ■ no failures arc reported. Fnm the .V. Or eons True \mencun, An. 13. The failure of Comly of Philadelphia has car ried in its train two Urge dealers here. Venter f day an extensive importing house went by the hoard. Tlie fact is, it the banks do not come out i and discount to meet the wants of the trading . | community that can give security, merchants I ] banks, companies, and all nui-l lie involved in . geneial ruin. As low as cotton is, men cannot . gi I money to purchase it, nnd hence it may be considered a mere drug in the market.*—-Dealers • in cotton and tobacco seem to have forgotten that , there is any of ihch favorite staple in the city, so I absorbed are they in looking to how they shall f meet their liabilities. There must be no niggard r ly course pursued by the banks, if they would preserve the credit of New Orleans, —if they would prevent general bankruptcy. ; Flour is dull at $7, Lard can he bought tor t 7 Cls. Ordinary Whiskey will fetch 33; best 35. t A small lot of prime Sugar was disposed of n 6} cents. In molasses, a small sale at 32} cts. Coffee • refused at 11 cts—no sales. Corn goes at GO , cts. Oats 45 cent*. Rice is offered at 3} cts. . Hay is $25 a ton. From the New Yoik Herald. ' MONEY MARKET. ' Saturday, April 15. The two revolutions—(lie commercial and po litical, act and react on each other. Yesterday many of the stocks advanced slightly, bill if any ’ pe son were to lake that fact as a decided symp ! lorn of a change in the current of events, they would find ihcmsclvcs before to-morrow most sadly mi taken. A few stock brokers and weak operators jump into speculation on the slightest appearance of change. It is almost impossible lo hold them hack. On Thursday last, coming 1 from Philadelphia in ihe rail road cars, three for ’ reign merchants in the French dry goods trade ' said to each other, “ Carrajo, amigos, nnd com binacion, lie." —“ let us lorm a combination lo 1 buy up all the French silk goods in market. They arc now ch'-aj. They will rise in six weeks. We wilhnnkejinm cly fortunes by endorsing for each 1 other.” Many other combinations are at this ' moment forming lo speculate in various foreign articles now falling in price, as well as the stocks. 1 It is pos.-ihle that that Ihe time may conic when it might be prudent lo enter into such specnla lations, hut the great reduction of prices has not 1 yet reached its nadir point. The process is going • on very lapidly. Slocks arc down probably afi • far as they will go, unless sonic o( them should go | out of existence altogether. Flour, cotton, and provisions have to fall full 3(1 per cent. Real estalc is on the decline. On Wednesday last a sale was mado by the Bleeckers of some properly ’ out at Union Square. It was a lot 25 by 103, ' situated on the Fourth Avenue, between 17th 1 nnd 19ih .tree's, squinting towards the square. A few months ago SBOOO had been offered for it. On Wednesday it sold for $3500, of which ! $3200 remain on mortgage umil 1839. This indicates Ihe course prices are taking. Again, the securities of the houses that have fallen are coming into ihe market. The Josephs had a loan of $40,000 from a large establishment 1 in Wall street, based on securities in stocks lo the amount of SOO,OOO ut old price. When the 1 Josephs wore considered the Rothschild* of New 1 York, (poor fellows!) this establishment never talked of calling in tlie loan. No sooner, how ever, did the failure take place than they took a 1 now course, and have determined to force their securities into the market to realise what they 0 will fetch at any sacrifice, Thislis a sample of many other operations going on in trade. The United Slates’ Bank cast differently. • Pos essing securities to the amount of $300,000 nt’old prices beyond the loans given the Josephs, ! that institution has given assurances that it will nut force them into the market at the present time | merely to reimburse itself at the sacrifice of its creditor. Yesterday more failures wore announced. A largo house in Broad street, engaged in the cot -1 ton trade, and another large house in the dom -1 estic commission business in Pine street, wer* both announced, besides many others too small to ' notice. The revolution is beginning also to spread around the country. Most disastrous news was . received yesterday from Pi evidence and Boston. Several largo manufacturing houses mid estah bailments in that region have fallen. Wc heard the names, hut what’s Iho use ol giving names ! The failures which have already taken place in New York are quite sufficient lo pulldown twice as many loimd about the country. Tlie Chelsea Bank, near Boston, has broken up. That institution had in circulation $102,- 000 «f paper to $ 1100 of specie. If this is a specimen of many of iho New England hanks, they nrc as roiten as old horses that have lain in (lie sun for a week at Ihe close of harvest. It is feared that the revolusion wijl visit the great manufacturing system of New England The great outlet for the ptodiaTions of that dis trict is New York. Here is the centre of all their minded operations—the south their maiket, If, therefore, New York should he broken down, the manufacturing interest of New England will be severely affected. The failures of several large Houses here in the Newark trade, had a prodig- 1 ious effect on that town. Will not the same es- 1 fe'ets follow the same causes in New England. Then again, it a crash should take place among 1 the New England Manufacturing establishment’* 1 can their hanking establishments sustain Ihe 1 shock?. From the developemenls already made in Boston, many of these hanks have been con- i ducted on the most speculative principles—mere i paper mills lo sustain rollrn houses from tumh- i ling to pieces. In England, every general distur- i bonce in the money market shakes to its centre | the whole manufacturing interest of Manchester. The New England manufacturing interest has i been built up on the same principles. A concus- , sion in New York, their central marl, and in the | southern slates, their great market, must in a ( few month*—even weeks—affect them very raa- tcrially. Meantime while the revolution is thus rolling onward and onward, the Wall street bankers are devising measures of relief, in order to prevent the ' anticipated fresh catastrophe expected by I lie re turns liorn England in a lew weeks. The Uni- 1 ' led States Bank and the other institutions have 1 been compelled lo cease their medicine, from the depreciation of its value, it is now proposed lo issue ten millions of bonds, guaranteed by the slate, and to he loaned on bond and mortgage, in order to pay our debts in Europe. This is a brok en staff. She wants the gold now in our hanks in order lo sustain her own hanking system. Bonds are of no use. Besides, the movement rs Ihe Wall street ban- i kers at the City Hall, is only a miserable effort to hide their own folly and want of foresight. Several of the persons engaged in furthering that projects arc up to the eye lids in real estate specu- i lalimis. They want to raise money on the crcd it of the slate, lo keep up the artificial prices of F real estate, and the existing high rents. What right have any number of speculators lo ask of ■ the community to sustain the special projects? i The great reliction must go on, until the prices, i the values, the systems of 1830 shall have re ! tumed. l The revolution now going on, is unlike any , reaction that ever appeared in the United State*. s j,, every similar ciisis, particular classes and a few points were alone afflicted. Now the whole ( frame of society, from Maine to Texas, is trob- I hing and gasping in the throes of a terrible crisis. • The disorder of the limes has been created hy I the quackcrv of men in high places—by the ig -1 n.orance ol the government, and the gross igno e ranC e of the bankers. All classes have joined in e the madness —merchants, mechanic*, working . men. The only remedy applicable to the dis ease, is the immediate assembling of Congress, 1 to modily and alter Ihe laws affecting commerce,- so >li At the revolution may he made nsconlurtabi* is possible. Wo want imqjodiate action on the tariff, on Iho distribution laws, <m the dvpositc laws, on the hanking laws, and especially do sue want a general haukmpl law, so that the ener gy and skill of Ihe men nose thrown down hy ihe storm, may not be forever lost to the coun try, President Van Burcn awake your house is on lire! From the Boston Alias. Nocwithstanding the condition of the Market in New York, and tlie numerous failures in that city, and ut Ihe South, we do not apprehend that any very serious disasters will result from them to our business community. ‘They are the direct result in many instances, of the most wild specu lations—and in many other instances may he tra ced indirectly to the same cause. The large am ount of solid capital in this city—the prudent nnd profitable trade that has been carried on—and, more particularly, tho great caution with which our men of business have avoided the specula tions with which every other section ol the coun try his run mad—lead us lo indulge the most flattering hope, that wc shall be able to weather tlie storm As wc are purchasers and consumers of Cotton —not itsgrowers or exporters—wc are not involved in the great losses consequent on its fall. As real estate has never risen in this cilv to any very extravagant height, amt as wc have very little territory to speculate upon, our zens are not involved in the Citt-Lot «paetfht tions which have swept away millions on mil lions for our Now York brethren. Os course there is a severe pro-sure here—and some fail ures have orenrred ; hut there appears lo ho no reason for a general desponeence or panic. The slate of thin s which now prevails is pre cisely that which followed the destruction of the old United States Bank ; when the same unnat ural expansion of tho currency—and ovcr-issu# of paper —led lo the same results that wo now witness. The establishment of the United Stales Bank soon reduced the currency from $110,000.- 000 lo s4s,ooo,ooo—and tilings resinned their old f aml regular action. 'lhe colisidcmle and patriotic statesmen of the Country predicted over and over again during the win on the Bank, that tho country would lie iiciileu inio VNimnsAt HANKUUt’TCT. “HIS HAND MUST HE STATE!)” —said John Quincy Adams, when the President was in the very lever nnd madness of his experi ment—“HlS HAND MUST UE STATED OR THE nation is undone!” The disastrous conse quences of tlie destruction of ihe first Bank were set forth in such a manner hy Mr. Gallatin, that Mr, Adams observed in his suppressed speech, that NO MAN WITH ANT PORTION OF MA LIONITV SHOUT OF THAT OP I'tENi), COIIId have read his pamphlet and rushed on the experiment which now distracts nnd convulse* tho Country. "I voted for the Bill to recharter the Bank”—said that thoroughly trained states man—“and deeply lamented, as I still iiekp lv lament ihe Veto which icjec.lcd its To that measure,l look as the primary cau-e of all llie miseries we are now enduring, AND OF THE DEEPER AND DEEPENING WOES THAT AWAIT OUR FUI’URiTY. It is that Veto that has been smithing from the mouth uflahor its daily ii read, aiul calling down upon itself the eUHSES OF THE WIDOW, AND THU HEART nENUINO CRIES OF THE OIU’HAN.” No mail can doubt that it is lo the Government and to tins Government alone that we are to at tribute the present miserable and appalling condi tion of our affairs. It is directly owing lo the blundering and vindictive policy of political quacks, mountebank* and adventurers—who have availed themselves of the natural jealousies of the People—to compass their own elevation at the cost of the happiness, the security, anil the prosperity of the Country. It is to the infatuated blindness—the ignorant madness—the insolent presumption—of Andrew Jackson and a few profligate and desperate adventurers —who have aided and abetted his reckless experiment— that we arc indebted lor the wide-spread and hopeless distress in which Ihe whole Country is pUngcd. Heaven grant that the wrongs otinlie People may bo avenged by a speedy and signer I Retribution! \J New scale of Power. A ininiatu o steam engine lias been constructed in Philadelphia weighing only 4 pounds, or a one cat power. — ln five minutes llie siemn vns raised *o that it was going nl. llie rate of JOCO revolu tions the minute. Tlie holler will tusiain a pressure of 100 lbs. to the square inch. Wo expect shortly to see the boys coasting about the stnets with engines from one lo two dog power. 15!e*sed be tlie day says Slam Hung, when wheel harrows and hand carts can go alone.— N. Y. Star. The Poisoned Valley of Java. —Tho usual meeting of the Royal Asiatic Society, took place on Saturday; the Right Holt. W. VV. Wynn, in the chair. A paper was read hy Col. Sykes on poisoned Upas Valley at Bator, in Java, extracted f o.ti a letter of Mr.Loudon containing a description of his visit to Hie place in July 1 1830. Aceord lo the statement of Mr. Loudon, this valley is twenty miles in extent, and of a considerable width; it presents a most desolate appearance, , the surface being sterile and without any vegetation. The valley contains numerous I skeletons of tnnmalia and birds. In one case Hie skeleton of a human he ng was seen wit li the head resting upon tho right hand ; . according to tradition it is said the neighbor- ( ing tribes were in llie habit of driving their t criminals in the valley to expiate their crimes. | Mr LoUdun tried the experiment of lowering , some dogs and fowls into the valley, and in , every case animation become quickly suspend- ] ed, although life was prolonged in some in stances for ten ininntues. The valley proved ( In bo the crater of an extinguished volcano, | in which carhon’c acid gas is generated, like ( Grotto del Cano at Naples. The fabulous ( influence imputed to the Upas tree is, there- t fore, without foundation, (lie mortality being caused solely hy the deleterious agency of the } gas.— London paper. The fticitßST man on Earth —The Paris correspondent ol the Albany Daily Ad- J vertiecr says. “Louis Pnilippe is without ex- ( ception, the richest man in the world. lie , receives annually, in ready money, a effin of I twelve millions of francs. He derives a re- ( venue of perhaps twenty millions more from the lands, forests and other property of the crown. He is in the enjoyment ofthe private t fortune ol the Orleans family, which should have been united lo the national domain, as ( was the custom with former monarchs on their accession lo the throne,but Which he was allowed to retain hy an act consented to by | Lafayette, Lafittc, and the victorious insur- , rectionists, who little knew what they were ( about, on the ove of his taking the oath to ot *erve the character of King ol the French The amount of his private fortune cannot be less than ten millions of francs per annum. , He pospe*ses, besides, an immense sum in ready money, estimated hy some at between , one hundred and fifty and two hundred mil lions of (rancs. He pockets the million grant cd the Duke ofOrleans ns presumptive heir to the throne, and (he private fortune he is supposed to have g von the Queen ofthe Bel gians, and he Inis none of the obligations with which ihe civil list ot Charles X was burden ed. The latter paid nearly six millions in pensions, which Louis Philippe has thought proper to suppress altogether; he had be sides a largo military household, a chapel, hunting establishment, &c., which cost him at least as much more, none of hiclt have been retained by the present King, whose revenues are totally disencumbered, and con • seqttonlly fully adequate to the maintenance of his family, without any provision from the slate ” — Pennsylvanian. From the Philadelphia Commercial Herald. National debt of Great Britain. —It has always been a very hard matte to arrive at proper nnd accurate knowledge oflhis gigan tic liability. Politicians, noble lords, and en lightened statesmen in the legislature of Eng land. have of.on swelled the amount lo sustain an hypothesis, or carry on an argument; so that a deli.ute acquaintance with its details has been almost an impossibility fur the Amer ican reader. We believe that the following account, compiled from several authentic source*, is unquestionably correct. When Queen Anno came to the throne, in 1701, the debt was £16,1194,70^ In 1750, 72 178.808 1770. 126,968,267 1790. 228,231,328 1800, 451,699 019 1810, 631369.168 1920. 848,294,804 1825, 843,301.875 —and m 1836, tho interest paid on iho debt was £28,510,000, which at 8 per cent, gives the amount of the debt 951,333,333. These sums, however, are nut real, hut fictitious.—* When the minister wished a loan, lie had on ly to ask—what sum of money will you give , me for £3 per annum interest? Tin- capital ist then made Ins offer,--one, rcglVht|cd in some measure by the price of stocks. T’bus in 1830, the government borrowed eighteen millions sterling, for which it gave scrip lor £29,880,000, —or a trifle over tliree-filllis of one hundred money for one ImtMred stock,— being an interest a little under live per cent, per annum. Suppose the interest to be at our legal rale of six percent; then the British debt would he precisely £175,000,0(30 Hence the financial writers of England estimate ds deal amount to he 5,00,000,000. In 1833, I lie income ofgreat. Br tain was estimated at seven hundred and filly millions sterling; an income tax, therefore, of seven and a half per cent, per nnimm, would pay off the debt in ten years, if that operation should be doutned de sirable. The lowest, ra'O at which three per cent stock has over sold, was forty eight per cent; which gave an inlorest of£o for £00 —being a shade over 0 pur cent. The present price is about £OO. making the interest 3 1-10 per cent: say sixty-two shilling* for one hundred pounds sterling They have been sold ut 00, which gave a' mere trifle over three per i cu. interest. It thus appoint llt.il £4B is Ihe lowest, and £9O the highest price at which the stocks have been sold; so that iho average ia £72 for 100 of stock. It is proper lo observe, however, that this only shows the price on ’Change, and not that at which the loans have been negotiated by gov ernment. From the N. Y. Evening Slur. FAR WK.-U’. Chicago, (III.,) 1830. Well, wo have arrived at this pin e, or city that is lo bo. This nest of emigrants, merchants, ami speculators, where neatly all the Western towns tiro hatched, and from which their brood migrate to every pin ol the Union, in Ihe shape of town and village lots. Men make fortunes here in less time than I could box the compass. 1 suy men, for there is a melancholy disproportion ol’imm hers between the sexes; and I believe the most sanguine advocates of the destined great ness of Chicago, build llioir hopes of an in crease of population less upon the principles of Miillhus, limn they do upon cm gralioti. His system is altogether too slow in ns ope ration for the growth of the fur West. I can assure the Eastern lade*, howivcr, that they wil: not be “ a Who in thuiT glory," for llufre is a small el (proof refined f mile ■ spciely ho c ehnoLto any in Iho United Nin e*; ‘njnt it-iSsflT.iHrWnldros Jijf.wfiinen are in J ii. and here—for such ihejiiarkol isasurc duo. I understand when the sieiwnbjaals arrive from Buffalo and Detroit, that nearly all business is suspended ; and crowds ol desolate, rich young bachelors flock lo the pier, and stand ready to catch the girls as they land. Whe ther they nsa the lasso, nn accomplishment which some of litem have acquired in catching ponies on the Rocky Mountains, or whether take them by the force of smiles I am not the informed ; having just arrived 1 cannot speak from .observation, but 1 believe lire result lo he a pretty universal surrender. it is two days since we arrived in Chicago, and I am now silting hy a window in the Lake House, (nn establishment equal to the City Hotel of New York,) overooking this town, this creation of a oay I on tlie hanks of Ihe Great Michigan Sea. It has hoen the marvel of the East and West, the North and the South, yet Us rapid growth is Ihe result of the most ordinary causes. Tlie every day observation ol any man of sense will expla n the reason why a point like this, situated at the head ol such a vast chain of lakes, should grow with tho increase ol the commerce upon ther waters. It is the first place we have visited which is entirely too small lo hold its inhabitants. There are scarcely any Mechanics or that class of people whom we call operative*, nnd who are wanted here in great numbers lo build habitations fur the growth of tlie place, which 1 believe only date* it* existence back about three or four years, and is said to num ber near six thousand. Taking into consideration tbe fact that there are very few women or children, it has the moral Ibrce of ordinary towns of twelve or fifteen thousand. Your refinement in poli. lies, the Loco Foco doctrine* have not taken root here yet. But all these calculations and statistics of the growth of towns are out of my line of general thoughts and observation, but I would redeem my promise to write you from this place, of lute so prominent in the public mind and which lo my lasio is damned with all the artificial comforts and appetites of over civi h*ed life. Patching up friendships or rather h ffdin r them together, by the exchange of cards,"dinner parties, a world of outward show for effect, traffic and speculation, in fact all the humbug and frippery of an Eastern city. 1 abhor the whole of them, and must gel out of I hi* place.—We have travcl'o.l about two thousand miles lo enjoy the beauties of nature, wild as she came trom llie hand of her maker, and what fellowship can wc have with things here; we came lo ses a class of our own species, who, after having thrown off the gauze of society, were luxuriating in the man ly sports of a hardy frontier life. Harry says, let us order horses at once nnd armed with our guns, push our course lor the West, and when we find it. we will then make an expedition to the Far West. Every rhing here looks as it we could not be more than a day’s journey from tbe Atlantic cities, where politics, religion, ami friendship, are all fancy articles, subject lo the fashions of the day Harry insists upon my abusing this place, be cause he has been annoyed by the attentions of some c vil friends, who have consumed nearly all his time, woile he was consuming a couple of their dinner*; but J have thus far; luckily escaped, and fell disposed to extend: the some civil Lea in return. I leave you speculators, you people who cut ■ and carve all God’* fair creation up into town ' Jots, os one would cut up a turkey, to prairo j every little town and village, for fluffing is ! : Mic : r biisincs';—thivr trade,• hut my convic : lions ns to the natural position umLcertain growth of Chicago arc overwhelming, it must lie the key trom the Lakes lo Hie Mueissippi t Valley, and the largest town in the West; l nothing can Hike from it ta geographical po - sttiott, its importance at the head of ilie lake . navigation. VVc shall be off 10-tmrrow, towards the set i ling son, and if we see anything woith abns i ing or praising, perhaps I may drop yon a i short letter. lam in hopes wc shall iide into a frog pond in the dark, just for the variety of : the tiling; and if wc got out, you may hear : from me again. Yourp, J. 11. B. ( P. S.—Harry is now suffering under tbe : effect ofliis dinner parries ; he there caitgli' ; the disease of speculation, which I fear #ili , terminate in u collapse of his Dockets before be pots bark. Strange, indeed, for one who entered this climate so pure in thought and purpose ; but so it is ) lie thinks and talks of I notliing but emulating the virtues and enter ’ prise of certain great modern D. D.’s , and M. 1 D.’s., hy hunting up a town site equal to Ma ’ rion City ! ! or the hundred flfld one great ; towns hi (he mouth of the Maumee river! I and selling the lots out to hm friends in the East, at. a profit of $200,000 Ho seems rblcrinined in his purpose, nnd ’ wishes mo to s ty. that if you will speak well 1 of the place, he will name a street after you, ’ and sell you some of the lots, it lie dont part with all ul them before he returns. IT lie succeeds, 1 will date my next letter rnm his great city; which he says ehall he bullion the extreme end of creation —thereby ; preventing llie possibility of any rivals be yond it, ami securing ll In point of termination 1 of all the Railroads, Canals, and whatever ! of travel l|ioro way be this side; and that it 1 shall be the greatest city in the world. J.H. B. GEORGIA, Si.nvrn county: Wil LUKAS, John M. "’ado applet (ur Lot tors of Administration on ilie estate of Georgs K. D. Fatlorsun, late of Lj-ly county, da ocased. ’1 hose are tlicrefiirc, to rite nnd admonish all nml singu ur Iho kindred and creditors iff said deceased te lie and appear at iny office within the tuna pro scribed hy law, Id til-, I hair objections, if any they have, to shew cause why said loiters should nut be . grunted. Given under my hand, at office, in Jacksuiiboro', tins 2.V,h day of .(lurch, 1837. JOSHUA PERRY, Clerk, march 23 72 GEORGIA, Jefferson County: WIIKKLAS, John M. Alexander,ndniininlralor of iho cstnie Wm. W. Montgomery lute of ; sniff comity, deceased, applies fur loiters Uismissoiy , from said estate. These are therefore to eite nnd admonish all nnd ' (site'lllur, llie kindred and creditors of su.d deceased, ■ lo he nnd appear nl my office within llie lime pre scribed hy law, lo file their objections, if any they have, to shew cause why said letters should nut lie gmnlsd. Given under my bond, at office, in Louisvillo, this C.ls day ot March, 1837. E. BOTTXWELL, Ci’k C. O March TO film 53 GEORGIA, Scriren County Wit till LAS, Jacob Oliver, Administrator on (lie estate of Mary Ann Freiman, deoansed 1 applies for Letters Dismissury from sniff Adminis '• traiion. These nro therefore lo ciio nnd admonish nil and , singular, ibo kindred and creditor* of said deceased, lo he nn I appear nl my office within the time pro scribed hy law, lo file ill ir objections, (if any they L ' have,) to show causa why said letters should nol he • grained. - liy order ol llie Honorable ihn Justices of lire In s ferior Court of eaij comity, this Ist of March, 1937. JOSHUA PERRY, Clerk. ■March,3 film 51 •ftlni3.fi islr/efor’s Snip. AG IIK LA I! I Vto nn order of the Inferior ('ouri -of Burke coinffy when silling (br Ordinary purposes, will be sold on the first Tuesday in June ncxi.nl W aynesboro', BiiW o county, within the n siml hours ol' snlr, iho following properly belonging to tho cstnlo of Richard iSconiers, deceased, to wit: James, Daniel, George, funny, Nancy, Alfred, El horl, and Allen Also, two hundred and fifty acres of Pine Land, in said county, adjoining lands of John Lodge, Tho*. J. Murdock and others. Terms ot sale made knuwn on tlie day. R. B. BOOMERS, / p . JOHN SCOMERS,} 1 March 23 03 IhXecutor's Sale. ACRF.EARLR lo nn order of the Inferior Court of Columbia county when silling tor ordinary purposes, will ho sold on iho first Tuesday in June iioxi, ot Zehulon, Pike county, between iho usual hours of sale, n tract of Laud,lying in Ike 7th Dist. No. 00, of formerly Monroe, now Pike county At so, on the sumo day, will be sold at McDonough, /fonry county, a tract of Land lying in the 12th Dist. No 206, hclunging to tho Esialc of Mark P. Davis, deceased. DAVID HOLLIMAN, Ex'r. march 29 wtd 73 la:iiul lor Nalc. I |XIIE subscriber offers far sale the following Lots, -I sit note in ihe different counties ut this Slate, on good terms. Application can ho made to him at Bowery, Columbia County, Geo. Land Lots in Cherokee. No. Di*. See. 81 17 1 9j 10 3 293 9 4 265 11 3 65 13 3 Cold Lot*. IS 15 • 339 19 4 1)57 3 3 % i 8 1 3 836 1 4 133 IS 8 339 3 3 1195 3 4 1809 14 1 877 31 2 828 IS 8 ,285 3 4 571 21 2 750 17 3 223 3 2 182 17 4 885 1 2 20 26 Early, 119 18 do 153 7 do 346 S 3 do 4 4 Lee, 53 80 do 194 18 Irwin, 441 i do M 9 11 Dooly, 237 11 Carroll, 259 8 , do E. B. LOYLESS. March 7 54 w3m GEORGIA, Jefferson County: WIIEKGAB, lleniuh S. Carswell nppli«s for Letters of Admini-tralton on tho date and effects of Sterling D. Eason, deceased. T liese are Ihcrcfiire to cite and admonish all nnd singular llie kindred and creditors of said deceased, lo he and appear ot my office within ihe lime ore scribed by law, to file their objections, it any they have, lo shew cause why said letters should not bo granted. Given under my hand, at office, in Louisville, this 23d day of .(larch, 1837. EBEN. BOTHWELL, OPk, c. o. March 27 7j GEORGIA, Jefferson County. WHEREAS .Mary Hunter, applies for loners of Admi .islralion on the cstaloand effects of Margaret Hunter, late of said county, deensed. These are thcrelore to cilo and admonish nil and singular, tho kin.l red and creditors of said d. c-oseff, | la bo nnd appear nl my office, within iho lime pre «cri'<od by law, to file their objections, if any they I have,.to show cause whysaid letters should not be ! grunted. ! Given under my hand, at offiae, in Louisville, i (hi* 83d day ol March, 1337. EBEN BOTHWELL, Cl’h. a. o. I Starch 27 71 A DMINiaTRATOIVa NoriCE.-AII persons indebted W iho Estate of David Aleimwler, leto »l Jefferson Ci.miiy, dectnisMf, ar* f»mir,<i to make immediate payment, -nd those having demind# against said Lslnto are requested ro present them within the time proscribed by law. 'i'h.s Jan. th* 14ili, lt>37. J- W. ALEXANDER, > ... , W. S ALEXANDER.! Adm 4 Jan. 20. X 16 Georgia, ii,uke c.,u„iT: WiIKREASJohn #axnn appliea for Letters of Administration on the estate of Hamilton Watson, These arc therefore to cite find admonishall and singulartlaw kindled and creditors of said deceased, io b-iniid appear at my office within the lime pre sen lied l>y law, to shew cause i( any they have, why said letiere should not he granted. Given under ray hand at office, in Waynesboro.' April 5, 1837. -T. 11. BLOUNT, o. e. a,<t. upril 10 gb GEORGIA, riven County: \\ IILUCAS, John Williams nppliaa for Lot* * » i»rs of .Administration on the Estate of Naas rs WilPams, Into of said county, deceased. There are lliereloru to cite and admonish oil and singular the kin Ireil and creditors of said deceased k> he ami appear at my office, within the time pre scribed by la v to file their objections, if any thief have, to show cause why said Letters should not Ua granli d. • >ivcn under my hand at office in Jackeonb«ro', this Hath .March, 1837. josiiua perry, cm. march 23 7g GEORGI 1, Jefferson County: W> 111 IKE As, Philip WosJen Adi.vnistrator of • V the relate of Vine Lyons, deceased, applies for letters of Dismission from said estate. These are there tors to cite and admonish all and singular, the kindred and creditors of said do croted, to he nod appear at my office within the lima prescribed by law, to file their objociions, if any they hav ?, to shew cause why mid letters should not ha granted. (.iveit under my Irnd, at office, in Louisville, this Clh day of .March, 1637. E. BOTHWELL, CPk C. O. - Mardl 10 (iim 67 GEORGIA, TJurke Count;,: HI II KKKA.V, Alexander AfeKay. Administrator in tight ol his wife, on the estate of Martha Spain, lain of said county, deceased, applies for let ters us Dismission. 'l'll'so uro llieitTiro Iff cite nftd admonish all and singular, the kindred and creditors of said deceased, to he and appear at ray office w illiin the lime prescri bed hy law,to file I heir objections, if any they hove, (Osl.evv enns-j » hv said letters shollld not be granted. Given under my hand, at office, in Waynesboro’, lids lilh day of .March, 1837. T. 11. BLOUNT,». c. col March 23 68 GEORGIA, llurke County. \L\f lIEREAS, Wihiam Sapp, Administrator on » » theeatatu of Uichord Halikinson, dec’d, ap plies for l.etiers Dismisinry, these are therefore to cite and admonish all and singular, the kindrsd and creditors cif.n.d deceased, to be and appear at my ..(lire within the time prescribed hy law, to file their objection*, il any they have, to shoVt causa why said letters should not he granted. Given tinder my hand, nt office, m Waynesboro', the 3»lh Dee. 163 G. J. U. BAIJI LV. Clk. , Jaufi 3 wfitn GEORGIA, Columbia county, goto. Tolled before me hy l ltomai Oart ledge, ol iho 13Isi District, a M., ono ' U VT'. < -'hssiiut Sorrel MA U L,.') (cel fl inches <'((I high, supposed to he Cyears old, right \ I hind fin.i while halt to fh6 knee, shod rdl round with leather under the ahoea. Appraised hy William G. A vary, and John Caniday, at 905. “ JOSEPH A. COLLIER, J. P. D. ITwnnis, Cleik. . March 27 OjAJRGiT. lllirk" County. A7i71l lIEA>, Willnm' Rollins, Administrator » » on the estate tl Benjamin cesgar, ilcc’d, sp . plies f r Loners I )iwm istoryj l(iC o ate therefore let rite and admonish, all and singular, iho kindred and , rmiiiloiu ol said doccas d, to Be and appear at my office, v\ ii hiii ihc lime prescribed hyiaw,t>> file their ohfertiuns, if any they have, fn show cause Why said letters should not In. granted. Given mi l t my hand, at iffico, in Waynesboro' tliisffOth Doc. 1830. J. U. BAUD LT, Clk. Jan 8 3 wGm . Utlm in istrotor's JVotiee. eyoriß months niter da o applicatjoii will be *1 ma le in Iho Honorable lute.tor Court of Jef ferson county, when selling (i.r ordinary purposes, lor loivt to sell n lot of l.mid in Appling county, containing 4JO acres, halunging to the estate of Har dy Gregory, decocted. IVT W. GREGORY, Adm'#, nptil 0 4tm 80 Administrator’;* Notice. FOUR months alter date, application will bo made to the Honorable the Justices ol tha Info riurCnurt of Burke County, when sitting for ordi nary purposes, for leave to sell a lot of Land in Che rokee, containing 40 acres, known as lot No. 678, 21st District, 2nd Section, as part of the real estate of Thomas .Mallory, late us Burke county, da ceased. JOHN B. ROBINSON, Ad«V. Feb. 27, 1837 4tra 49 Adiciinlstmtor’s Notice. months afterdate, application will ba . made to the Honorable Infwrior Court of Jefferson county, when titling for Ordinary pur poses, for leave to sell the Land and Negroea of James Neely, deceased. rglll’GH J. NEELY, Adm#. December 19tn, 1836 4trn 98 Georgia, Scriven County j WHEREAS, Gcorgo Robbins applies for Letters Dismissory from the Guardian ship of Rebecca Ponder, deceased. These arc therefore to cite and admonish, all and singular the kindred and creditors of said de ceased, to be and appear at my office, within tha timo prescribed hy law, to file their objection*.if any they have, to shew causa why said Letters should not he granted. Given under my hand, St office, in Jaohaonbca :o’, this 28th day of Octolier, 1836. JOSHUA PERRY, Clark, Nov. 9 13 Georgia, Jefferson Coiilityi WHERBA9, William P. Taylor, admini^ trator an the Estate of Absalom Taylor, deceased, applies for Letters of Dismission front said Estate. These ate therefore io cite and admonish, all and singular, the kindred and creditors of said deceased, to be and appear at nty office within th* time prescribed by law, to file their objections, if any they have, to shew cause why said Letters should not be granted. Given under my hand, at olfiee, In Loala* villo, this sth Jay of Dec , 1836. E. DOTH WELL, Dtp. Clerk. Dee 10 ftni 33 GEORGIA, Scriven County: WVVIIREA6 - , James I’ Thompson applie4 for Letters of Administration bn the estate ol Al ly Ann Grdas, late ot said county, deceased. These are therefore to eito and admonish all end singular the kindred at,d creditors of raid deceased, to l.e and appear at my office within th* tiM* pre scribed l.y law, io show cause,i( any they have, why said I'Tors should not he granted Given under rny hand, at office, id JaokSodboM*, rids 25th day of .March, 1837. JOSHUA PERRY, Cl*tk nnnh 28 1 79 T« Dollars ICiv&aJClfe THE nbeve reward will ho paid for th* appro hensi.m of JESSE GOODWIN, who eeropad from the Jail of Columbia county, on the night of Iho 18lh March, insiont. Said Goodwin it Life frame, and about Gleet high-bold and impudoirt ALEXANDER, J«Jo#.C, March 23 88 CCrEditors disposed In forward the cauea of/aa* lice, will do well to insert the above. (siiai’fliaii’s Notice. 17- OUR months affor date, application srfll tit' 1 made to the Honorable th® Inferior Court of Scriven county, when silting I off orutnarv purposes, for leave to soli 600 Acres of land, mom or kin, in anid county, one third of which is Oak and Hickory, nmi I life) ftvvamp. and the balance Bine Land; wL joining lands of James Seville, William Black, ana oL-.cre; belonging to Nancy Ann Bcvill snd b*y three children, Vvjlhara, Robert, sod Gelfesy J#*® ROBERT DEVIL/-, G.t*jflan. . March 9 1837 *«