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JO AES =~ J> 1 — 1 z^”^3^rr: —rr.. ■a—aJ '•TW _ AUGUSTA, GEO., MOXBAY EVENING, MAY 30, 1837. [Scuil-ucckly.]-VoI. 1.-Ao 41 *. !h. ■''■'■•'■■ lew 11 niiai mi 11 nll 11 mi »«■ *llll, I|JV . w „ . -- , v '-■- - --3 -t r- r- -- -: : ~r*i —’~v» ■— " it—iimikm————— 3 HH v> •v!:i:h!A\ Sira f. ' ■ l.:- CM” a: Five !>••!.: r> ||||Hv- at the eml oi' the iu advance, or Kd sentinel. [USTA. ling:. May 20. 1837- bis city nave unanimously ic payments for the pres" ilcd by the most prudential ilified by the extraordinary It meets with universal [citizens, and wilt no doubt In of the great body of the L only need correct infor leclly. A committee has V Banks to make a report jSch will be published by K next. we understand, , at Washington, ■cic in payment ofposl iaUvii hands. Thus it ■■[nt is compelling its ■■pie it' to editors are WBM hev can gel. We 1 ’ the I Jovernnien! HHt f"i printing—ere HHHbtvk "ii niie one mSM suspv’inle I speeie J SHi its o tv 11 hills, mid { ■HHalio.iliy the money I ■■not he ive I ai ■■it po .l ie, 1 aeeoil 11 1 eil as small m it ■■'USC—l!,e Govern- t ■■rev any thing for I ■■during the ■jHo'd toi hid that it | ■■f hone-lly. Ah) t ■■ patience : mgm he. lie tiie pa ,1 8888 A Oovniniii 1 HnSH hi the I H'l'lh ■> i ivme, i I BjH l -) I'd an,eng run I He must take pay m the currency it has created. No collector can put such an order into execu tion m this city. No district-attorney cun brio specie by suing upon Cu- tain-house bonds. No shenlior marshall, it is believed, will SC ivo Sach a process. 'No merchant, or trader, will interfere with the bids of the owner of goods, whose pro perty tyranny may rob him of, and expose to pub lic sale. Goon, hlockeads, goon. We arc in the beginning of the end, and the end may be consummated anon. 1 From the Phil. Commercial Herald, May 16. . ° un ‘ iTu ation anu Pnosi-Ecrs. — The absorb ing topic m every circle, is the mined stale of our currency, and the prospect for the future. I he suspension by the banks was received calm ly by the people, as unavoidable and as forced on them by the government; but the last Treasury order, for demanding specie on all patments to the U. States, has produced an excitement amounting almost to fienzy. This order will not he regarded: the merchants cannot command tho means: ami if they could, there is a spirit on this subject which defies dictation, and braves the powers of the administration. The number of unpaid bonds which the Custom House has sent to (he District Attorney, in tho lust two days, to bo put in suit attests the determination of our merchants. Strange as the fact may seem, it is nevertheless true, that the suspension of specie payment was entirely unexpected by Mr. Van Huron. The fact is, that he has not at Washington, any per sonal friends, except Mr. Duller, who are on such terms that they can go to him privately, and tell him fully tho true state oflhings. Hence, he was in ignorance of the extent ot difficulty and danger to which wo wcie subjected, and of the real sentiment of tho country, until tho mo ment the explosion came. He undoubtedly suf fers severely; and though ij may perhaps be some alleviation to his feelings, that tho U. S. Dank lias fallen in the general crash, he lias too deep a sense of his perilous situation, to indulge in any feeling of triumph. One of tho hanks in the District of Columbia will ho kept up for a time in the payment of specie, so that thcolficcrs of gov eminent may receive their salaries in gold and silver. As to the public revenue, and as to the avail able means to meet the demands on the Treasury, the present adniinistiation are caught just as un prepared lor this crisis, as their predecessors wcie when war was declared against great Dritain without any means to carry it on. Mr. Van Bureir Cannot hut soo all this. He must know that the Treasury cannot pay specie, except to salary officersfor a short time at Washington; and he will not find it ho docs not know it already that he cannot long extoit it from the public to [iay it over to those wao have brought the evil upon us. The process of enforcement will ho 100 tardy for his convienenco. Great embarrassment must ensue) and Congress will he called lo meet as early as can well be done, and it will he not later than the Ist of September.* In jho mean time, the truth is breaking in on Mr. Van Du ron, “through the yawning chasms of our ruin,” Durke once said a simillinr ease. He what every member of the cabinet I ■■■ . Duller, are eopeffureTT v j|B‘ ' * - cn~ l!Ik?:., 1 lli i ! 1 . I. (:: ; i i ■ ' ' ' 1111- 1 '■ ■■. i’ 1.1 '■ ■''■'■! i ■■ "i i■ i.• i in i , i 1 ■ " 1 iii *> s' *Bs 1 ■. ii. i' | ‘ . •T m' i ai |i I, ; i\ .In n , 11 |. S >t- y ‘ i'l 1 i ~ i II" in nil oi. r I." ißgay-vf' r ' i" l :ii,! 1 ■ toil' u-i-i - BgBMSHB- n> 1 1- ■ tiled, let iv t here ' 11111.1 1,1 '■ ,!i ‘ ' :|l !' i;-’ii nt itt i-ui> 1 nnlho!'.-, "hi lie mu.ii , - ,i i illll in" itie ' :l|| d til' ll we 111 IV hope "''‘ i"i“ii ilie <Mm V. liii’ll lin I V loir lo 11 I 11 1 ■BHHii i..1 pii jii 11v. : i 010 l We Itveiv.d 1.0 ■■Bi. i , ,i ,A * < •r “ i . i I , ■■■ I. ■ 11,, i .i I ,0.0,1. ■ :i ""‘ I" it, .Mi. t '.iinliri’leiig I >he !■ mlo- mu.-t not i ■MHHfIBH'' 011 dill, il ,’ oil],l break up llie I ertior vas eii-a ,’ed at such a i time, ho ,-uel' a paltry purpose ; r oi gentlemen, and made I ■■BBHI lend in pr;»i- Aol Governor i BHBBHH 1 ' 1 ' ‘* ur ‘ lIK l: ‘ l present emergency <|' : ' Cnurier yimj. \o I’ M. tin' pressure, Sugar has ad ■BBBHB ,lIC cent since Saturday l ist. This , "' cn ,Ik ' case if the knowing HWI well assured that things will shorl- heller, Colton and produee ol also rise with returning conli- h’deoers on Sunday were so slu- BHB'u-’U t« ( ' l eivr U.mk notes in payment BBSS' at'- bale already seen their HS|S!lais and tuts were snpi r-ahundant mid lives and tens were rcai'Me ' ' ■ix k s. —The Citizens, Gas, Merehanls, ■■■iid’.i.-d Association Dank, are redi’ein- Holes on ptesen’ "ion, in speer, nod <!• po-ite the i.Mrs other city fflSS’ho I nimi, Comimrei.il, and Slate IH, .m speeie, lor Ilnur J. r ) ai d >lO us soon as llie-e are mle.m. ,1. the. i-Ktl and 'l'he InnnoM nl sp. eie loi The .Me, Cioo.lt ■I, :i’ll 1 anal, 1 e o.k - mil. we nil n.1.,; ii.ed, ejmiin lice lo mm tow. —74. ■Buh si s Dank, one a nnngsl the oldest in -111 ‘-!..1e, by , < le" has the light hi’ do.ln’ miles—this, we are informed HnSSSlieiiee “I the scareily of change, it ia 'h'"' ■•> immediately. HB|Bf.G A- i. <-'.•/«;« " ml AdcAtfh wst ■B S i’ll I.K'l.— O.n: (/Cl"ih. — I here was ■H|S)li'm pi Sees of stocks generally to day . (|}y*: lions wI re Mollis I anal, Ameiie.ni HHBi : C.mion < lo—the first two improved 7 , ■SSl.ittei o pel Cent. The greatest i eduction which fell V percent. made ol Manhattan I in k ICO, VI). A. U. Canal . ho Min hat; lUO, Howard Inn Co. UO, and of I.‘110:1 BBSail at MU. No liansnetmns m these UlSi Albany we have nothing definite as to ol the suspension lull. s of lire suspension of specie pay- this city was reeic'cd nt Uoeliester hy HiS on the 1 kflh instant, in 21 hours from Uostofl Courier, of yesterday, says, that of the hanks discounted, Friday and Sat- for their customers.to a small amount, appears to he a general feeling of relief money may still truly he said to ho scarce. ,o,,”tim.on- hare been made 8 t much lew or roles, but there is very little money in tho street, as capitalists are uncertain what invest ments to make, in tho present unsettled state of things. Iho Boston Post says that tho frigate Indepen dence is not detained by want of specie—that tho coin was shipped the moment they were ready to receive it onboard—and that hut for being wind-bound, the frigate would have sailed on Sun day. From the Ah y. American , May 16. POSTSCRIPT. One o’clock The excitement of yesterday is not diminish ed. The proceedings at the Custom House to-day —the uncertainty as to the course of our Banks —the delays at Albany in passing the non-specie. paying bill—and the fact, generally believed that the Secretary of S.ate, Mr. IJix, and the comptroller, Mr. Flagg-, arc walking agaisllhat bill—coupled with the letter of Mr. Camhrc leng—produce a slate of feeling here impossible to describe. Any overt act of authority on the part of the Government would lead to an explo sion. We feel great confidence, however, that the bill legalising the suspension of specie payments, will [iass in a form less objectionable than the present one. From the N. Y. Daily Express, Mao 10. , CUT NEWS, Monday, G, P. M.—Tho city is still in the most contused stale possible. The Custom House is demanding all dues to them lo he paid in specie, and at the same time all they owe they refuse to pay, except it bo in depreciated paper. The Collector has repaired to Washington, and wo have no doubt with an honest intent, to do the merchants all the justice he can. Mr. George Newhohl, President of tbs Bank of America, has also gone on to Washington. This bank has placed itself in a very eutiuus pre dicament, and there is no sympathy for it on the part of the citizens. The managers of that bunk were the first to make the unholy alliance with Amos Kendall, in order to obtain from tho Uni ted States Dank what honestly belonged to that institution, viz. tho Deposits. This ill gotten treasure has been a curse, not only to the bank, but the country, and the community are now sullering the consequences. In addition to the ordinary feeling of indignation towards that hank it now receives double opprobrium from the dis honorable course it has taken in relation to the French Indemnity. Tho hank received the amount in gold, and now pay the claimants in 1 heir own paper, which is about twenty per cent, below gold.—The government have, no doubt, a very large balance in the Dank of America, for which, it is understood, some of the Directors are personally liable. If the government demand specie and the bank should pay it, injustice to individual depositors would ho very great, as they ure compelled to lake the hills of tho bank. The position of the bank with the government, we have no doubt requires a skilful and talented head to manage. There is, thercl'oic, not much arranged by the picscnt This is the regnlai packet day, IvlTcn usually immense sums are interchanged. There was a good deal of feeling manifested to see what the 1 ates would bo established at. Nearly all the usual drawers withdrew, borne, however, there were who oli'ered their hills; which were taken nl 10 per cent, premium, The amount sold, however was comparatively trilling. Sovereigns were sold nt $5 3U. We presume a less amount will be sent forward by this packet limn was ever before known. Ull France there was more doing that on England, and lulls to a moderate extent were sold at 5,1 f1u5.20. Tw o of our largest and most respectable bill drawers on France have, since Saturday,slopped payment, which failures have trot only surprised but aslonis ed the public. No change Iras taken plaeoin Western money. None of the brokers will purchase it at any price. The Morris County Dank has stopped in the same manner as all others. The non-specie payment hill yet hangs in sus pense in Albany. The Albany Advertiser of this morning says that letters from Washington, and from (J. 0. (Jamhcrleng have'had eli'eet there: The Times of this city in alluding to this letter says. “Wo regret extremely lo Icary that a letter condemning the measure, has been in the nation al councils. Whatever may be the character of his gencittl views on questions of finance, Iris judgement in this case must have been in obey unco. But whether so or not, we Ibel bound to declare that in that letter ho could have staled only his own individual views, and to assert in the name of the republican parly of this city, that he did not speak in accordance with theirs. In deed It is but proper to add that tire letter is universally spoken of not only with disapproba tion, but indignation.” Tho American of this evening says, “The Govcnor is resolved we understand, to convene the Legislature anew, if they should not them selves agree to prolong their Session—if it be found necessary. It is also said with confidence, that a bill will pass both Houses, and receive the Govcnor’s sanctiorf authorizing tho issue ol small notes again, notwithstanding the rejection on Saturday of such a proposition as part of the hill before the Assembly.” According to the Commercial Advertiser, a draft from the treasury on the same Dank of the Metropolis, for a large sum, in specie has been ro ceived in this city, with a private letter from the government, REQUESTING THAT THE DRAFT BE NOT PRESENTED FOR THE PRESENT! Tuesday P. M. The effort in our Legislature to repeal tire small bill law is as yet unsuccessful, though the necessity of small hills is every hour more imper ative; and though people arc issuing them on all sides, tho credit ol which tho people know noth ing, and for which only the individual is ac countable. Thetliscussion 111 the Assembly, says the Albany Evening Journal, on the bill authorising a sus pension of specie payments hy the banks, is pro tracted and cxci.ing. Os tho ultinalo passage, there is not.a doubt. There is a stern, imperious necessity for its passage. The hanks in Portland (McA have suspended specie payments, and now all Maine must follow. As the news goes East, a prodigious run will he made upon the New Brunswick and Nova Scotia Da iks lor sovereigns and ns tire notes of these Banks have a wide cir culation in ilrrhcssUpn part of Me., theeoinmuni cation for the “run” 'S’ifi he ity tire hands of every one. The Legislature mWt he called together, as the hanks of the >State arc nUw under a hea'y penalty. The boston journals difliffNupon the propriety of assembling the Legislature oT-O.l,is sachusells. Governor Vcazy, of Mary land,harkft the Eastern Shore of Maryland and gone lo DaIN timore, for tho purpose ufcalllng an extra session of the Legislature. Thus the whole Country, far and wide, is in commotion. Tiro nows of lire suspension reached Rochester (N. V.) twenty four hours in advance of the mail, and produced unparalleled cxcitoiiien'.| STOCKS. Monday, P. M..—The week has commenced with great spirit.—Nearly all descriptions, have run up 3or 4 per cent. United Stales rose 3j ; Delaware & Hudson, 6j ; Farmers’ Trust, 6j : Ohio Trust 94 ;N. O. Gas Co. 4 ; Mohawk 0 ; Harlem and New Jersey Rail Iliads, 3; Boston & Providence 1, and Long Island Kail Road 5 per cent. The Plrenix Dank fell off i ;and Mor ris Canal and Farmers'Trust closed the same as Saturday. A salo of Dank of America was made al 95 ; of Kentucky Dank, at 80 ; and of Nor. h American Insurance at 80. The asking price of Dry Dock was 100. Hales at the Stock Exchange.—loo shares U. S. Bank at 112; 25 do do 111 j. From tiro Now York Herald. MONEY MARKET. Tuesday, May 16. Ve are still in a state of anarchy in relation to exchange, paper currency, and sit largo com- o mercial opperations. The treasury order received - on Saturday hy tho collector to demand specie for f all government dues has been suspended fir the present. Yesterday, generally at the treasury - banks, city paper mono/ was received, under the 0 heliel that the government will give way lo the 1 emergency, and legalize the transaction hercnfte - Mr. Price, the U. S. District Attorney,lras written -a long and able letter to WTrs&dnglon explanato ry of the situation oflhings here, and showing the necessity ol relinquishing the new specie order till the Treasury Banks in Wall street be able to resume specie payments. Mr. Price deserves well of the commercial community for his forbearance, good sense, and coolness, in the present excitable condition of f things. * No doubt exists of tho imperative duty of tho • government to demand specie—but a< a matter * of policy, we should think tho President would c relax as far as his duty and oath of ollics will I permit. During this and next month, the amount ■ of bonds due nt the Custom House is fully $2,- 0 500,000. While thcTrncsury hanks in Wall 13 street continue lo suspend specie payments, the - government ought to indulge the merchants in a like suspension. Not that such a course is legal II or absolutely right—but it is needful—itjaneccs ’’ sary—it is wise in such a condition of ullairs as c we now find ourselves in. The specie circular at the Post Office is n dif ferent affair. Tho payments there are small, and it may easily bo carried into effect. Wo learn c therefore the postmaster receives nothing hut a specie lor letters. This is proper enough, under \ the circumstances. y Tho general government is bankrupt—tiro , sta,c governmontsaroall bankrupt—a largo por -1 lion ol the mercantile world is bankrupt—in fai t none arc solvent in those droll times hut the /'.- cofocos, whoso property, capital, treasure, .A spe cie consist in the labor that springs from two haul fists and one harder head. All, therefore have been trading on borrowed capital except tho loeo focos, who have been doing a very prudent huei ncsss, and rtm into no speculations for certain reasons now unnecessary to mention. Stocks yesterday again rose from 2 to 5 per cent, on an average. We adhere to the opinion already expressed, that this rise gives no real indication of tho money market. There is little concert or co-operation among tho banks—every one is now driving along on his own hook. 'J ho Manhatltan, it is said, pays out none of its own hills, —and ii isj'urthennore positively asserted, that it willrosnmo specie pay - meets fnrj’ns nut tufas in twenty days. In lire mean time the cash trade of the city is lively, in spile of the general explosion of the banks. Specie is prodigiously abundant at 5 to 12 per cent premium 011 city paper. We hear | that the Delaware and Hudson, is issuing Us pa- , per quite readily. Some brokers in tho street ure selling it at 10 to 15 per cent discount for j specie. It is said that in the packet that sails to- ' morrow about $500,000 in specie will go to Liv erpool, 'Flic United States Dank and foreign bill drawers art) now sending the specie abroad 1 to meet their recent engagements in post notes 1 'here. This together with the enactments of the < legislature, make specie vary so much from city * paper. 'I l.e .’..iV.'ii,t.la. lli,. iiiniicv market ! has entirely put an end to usury.—Like llieln-j 1 mous specie circular, usury has repealed itself. 1 Further extracts liom foreign news received hy yesterday’s Express. 1 London, April 10. | Monetary and Comsikrcut, Matt tins. —Thu quarterly average of the weekly liabili- | lies & assets of the Batik of England fori hree months ending on Ihedtli inst. published in tho . Gazette of Friday, compared with the three months ending on tho Till of March, gives the 1 circulation 15,432,0(10/. against 18,178,000/. 1 being an increase ol ,251,000/. Tun (lepositeK ■' on the average ofllio lasi three months are \ 11,192,000/, against 13,200,00, being a de crease of 2,008,000, and making Hie total of the liabilities 29.021,000/. The securities for tire throe months ending 1 nn the 4th inst. wore 28,843,000/. against j 80,579,000, for the throe months ending on tho 7th of March, being a decrease of 1,789,- 000, and the bullion 4,071,000, against 4,018,- 000, being an increase of 28000, making lire total of the assets 82,914,000/. Finally, the ; surplus or rest was 8,290,000/, against 8,189- j 000, being an increase of 101,000, compared with tiro quarter ending on the 7tlr March. From the Couicr. London, April llilr. The Bankandthb American Houses— ( So much lias been said by our contemporaries us well as hy onrselvcit vvillr respect lo the t situation and conduct of tire great Amor- ( ican houses, that now that mutters have come [ pretty near to a denouement, and that, names itave been specified,’it may ho as well to sub- ( tmt a few s atemeuts to show what the fads . ofllio case really are. The origin of the diflicitties in which the Amctican houses have * been involved is to he found in the reckless improvidence with which trusting to the fa- (| clinics uffurdfed to them by the money dealers of borrowing money and getting their paper t negotiated, they entered into engagements far . beyond then means. There was nothing m jj any degree unfair ordishonorable in theircon’ duct; but it was rash, reckless, and iirprovt- . dent to an extent not easy to be imagined, j We do not refer to Messrs. Wilde as afford- a ing any peculiar illustration of what has now ( been staled : but as their names have been brought forward, and their firm is one ofthose c that have been bolstered up, there needs no longer be any delicacy in alluding lo their j, situation. The parties connected with this firm wore well acquainted with the details of I business, were paisimonious rather than oth erwise, and were possessed of an available tl capital of about 250,090/. A cautious person “ possessed of ibis amount ot capital might have contracted engagements to tiro extent 11 of 500,0001. ; and a holder but yet discreet individual might have increased Ins engage ments fa 750,0001. But, except 011 some ex- Ir ordinary emergency, this was tiro utmost 11 ox;ent to which parties with such a capital a should have ventured to go, unless they nreari <: to commit themselves to the chapter ot acci- 1 dents, and to bd wholly at the mercy of cir- I 1 ctiinstances. Mince, however, tho facts of tins v ease are pretty well known, there can no loir- ‘‘ ger ho any harm in stating that the engage rnenls of Messrs. Wilde at the commence meet of last year are understood lo itave hum considerably above two millions sterling ; so \ that, instead of their liabilities animntmg lo , 1 .three times, they really amounted to nearly ton , tirriSh- the amount ct li.oir capital ! Com- s mentary ofx.a statci jent. of this sort would be ,■ worse than iftcless. The wonder, is not that [ Messrs. Wilde have gone to tire wall, hot that they were not long since buried am.d the ru ■ I ms of the baseless fabric they had construct- t ed. t It may, be and has Loan, said, that the 1 Bank has done wrong in corning to the assist. ' unco of a house that has so conducted Rauf- I fairs. We, ten, I're dy admit, that tne proceed- 1 ing is ofa very questionable character, am! 1 we are by no means sure that it was tire best course that could have been ndoplcJ. But, j i whether right or wrong, t!.e Btnk was in.l actuated in coming forward by any desire to 1 support Messrs. Wilde, hut exclusively hy a I desire to sustain the commercial and manu facturing interests of the country, which . would Itave been most seriously compromised by lire sudden failure of this and oilier houses, whose situation was nearly similar. What ever, indeed, may be thought ofthc conduct of the hank in this afl i r, by parties not engaged a in business, there is not the shadow of a doubt • thaf it is cordially approved by nine tenths of the commercial world; and in proof of this,! wo may mention, that before the Bank took Mersr.-’. Wihic by tho hand, a guarantee fund of about 400,000/, had br en subscribed hy r-rhali indivii!Mils here and in the country, for the security of the Bunk; nod ■•• cry ahd ling of tins fund, na w oil an tho cntii ■) capital ot the partners in tho firm, must .0 h.st before the Dank can lose anything hy intorfcringlo ward off their bankruptcy. The Dank, con sequently, runs very little, or rather, wo should say no risk in this affair. And the extraor dinary fuel that rather than allow Messrs. Wdde to get suddenly into the Gasctlc, pri vate parlies should have made t I.einsolvCß responsible to the Bank for so largo asitni, shows, bettor than volumes ot reasoning, the strong feeling entertained ns to the injury it would have occasioned to the trading world. The other houses, whose condition unfor tunately approximated in too many puiticu larsto that of Messrs. Wilde, have alto been bolstered up. But in the case also r cry large guarantees where previously procured frum private parties. If, therefore, considerations of expediency, or those growing out ofa pe culiar and unprecedented combination ofeir cunrslahcos can ever justify the Batik in stop ping beyond the strict lino of duly, tins cer tainly is an instance in point. On principle we are alike hostile to all interference of tho sort, and know that il never fails to ho produo live of very many inconveniences. But still, taking all the circumstances into account, we rather incline to'think, that, if we had tiro hon or to possess a seal in tho direction, we should have supported, though with .extreme rehutunce ( the advocates of inlet (bronco. But it said,that in acting us she has done,the Bank has done no there than justice, tor I hut it was her misconduct Jirst in making money 100 plcntilnl and too cheap, that templed the .American houses to adventure su fir beyond their depth; and second, that it was tho circular ot September last, that by suddenly discredit ing their paper, involved them in dilfuiultica. VVo lake leave, however, to give it fiat con tradiction to these statements. So far from the Bank making money plentiful mid cheap, the fact is, that tiro hull ion in her coffers do ring the quarter ending on the 12th of Jan. 1889, amounted 7,070,000/., whilst during tho quarter ended sih of April, 1830, it a mount ed to 7,801,00/, having increased above 700, 000/. in the interval: and us bullion never, in tho ordinary course ol trade, llowa except from where its value-is low to where il is high, this influx proves beyond tho possibili ty of cavil or dispute, that instead of being overloaded, tho currency was then deficient I And yet we know, and affirm without any (car of being contradicted by any one acquainted with the fuels, that at this very period the American houses are extending I heir engage ments in all directions, and that the mo ny-deulers in town and country could not get too may of their hills, ft is as ab surd lo charge the discredit of American paper on tho circular iassetl hy the Bunk ■Vft-jjcoieiulier. Our only objection lo Ihe conduct of lltCTdTlllfr Ms 1 rtrqTetV--— VWa-j; culnr, is, that the directors did n»t abide more rigidly by the rule laid down iu it. The ex cess of American paper that then began, for the first lime, to bo forced upon the bank re quired /hat something should be done to less en the amount. The circular was a warning to the Ileuses referred to in it, by which nil of them might and wuglit to have profiled.— Some of them, indeed, immediately sat about contracting their engagements, and cottpcd entirely to outer into those moreespeciurly.iih jectetl to by the bank; but it was not the course followed by the majority; and we believe we arc within the mark when wo affirm that three fourths <f the existing engagements of llw em barrassed houses hum l/cen entered into since the da c of the circular complained of I In speaking of tho American houses, we have been obliged, for reasons that will readi ly suggest 1 hem.‘■elves, to abstain ns much as possible from all allusion lo particular linns. Wo are aware, however, that very great in justice has boon done iu this, to certain par ties; and now that tin facts of the case arc beginning to ho batter known, and that, less reserve is necessary, we feci it to bo no more than justice to say, that though the American houses have generally been in the lust degree infatuated, and have gone very fur beyond their moans, 110 such charge can bo made against some of them. Mcssru. Biring, Bre mers & Co., and Messrs. Morrison, (.scy der & Ce., have neither mismanaged their bus'ness, nor overtraded. Wo feel il the more ncceaoiry lonnrke tide distinct declara- ' Lon from our knowledge Ur:*.', t 1 ilcnioi.lii have been must indastriousdy circulated, end even . pintlislii’d, as lo the heavy losses and loitering credit of one of those houses, for which there is not nor ever was so much as the shadow of a foundation, il there bo otic house more dotorvingtliau aeolhcf of'confidence,atid cred it, it isllro very house 1 fiat has been so stupid- 1 ly maligned. Neither Messrs. Baring nor * Messrs. Morrison ever applied or dreamed of j; applying to tho hank for assistance though „ they have both subscribed to the guarantee « fund. They owe their safe position quite as much to tho skill ami prudent circumspec tion with which they have inruigcd their vast resources —resources which, we ure well S convinced, would have preserved litem firm ( and erect, even though all around had turn- ) hied headlong to the ground. j, From the New York Commercial Adeerliser,May 15 j The following is the memorial agreed upon at , the meeting of Liverpool merchants. | “To the Right Hon. the Chancellor of Iris rirajcs- I ty’s Exchequer. > “The memorial of the undersigned merchants, ‘ brokers, and other inhabitants connected with ( the trade of Liverpool, . 1 “Respectfully shovvellr, That the distress of the | mercantile interest is interne beyond example, and n.at it is rapidly extending lo all ranks and conditions ofllio eonitnunily, so as to threaten ir rciricvald: ruin iu all di actions, involving the prudent with the imprudent, tho manufacturer with the merchant, and the weavers, spinners, I and laborers generally, vvillr the mauuficlurertr ‘ t.rcimelvi’S. “Your memorialists will not now enter on an s examination oi all the can-. s which have sod I*. , the existing convulsion; they are aware that tire / late high pliers of conrinodi ins mainly contribute < In produce unfavorable exchanges. These high [trices have passed, and are now succeeded hy such a fall as cannot fail in time to attract the capital of the whole mercantile wotld lo the re fill'of the present pressure, “Your memorialists know heller than to ark for any assistance which could restore high pri ces; the losses must he borne; ail they humbly a.-ki. that measure of relief which will save num bers ol all classes, trout total ruin—ruin not pro ceeding fiititi insolvency, hut from tho total fin pn; sil.finy of disposing of their property, in time to meet their present and approaching engage men's. “Your memorialists farther submit that the pro rent condition of affairs, unless iiinigab d, may involve hs public peace, ' ■ ' deeply affect ins Majesty’s revenue. “Your memorialists therefore pray that these premises in ay lie taken into immediate considera tion, and that such relief may be granted as to your judgment may he deemed imfe and expedient. “And your meinuiialiats will ever pray.” Al the Manchester meeting, the following reso lution was a l tpted, after coiiniJeraltle debate and much opposition—several of the gentlemen pres ent contending that the Liverpool merchants and hankers had no claim for relief from the govern ment. ! “Tint although tho present situation of tho commerce of Manchester is not such as to require assistance from government to this town and neighborhood, this n\ccluiu is of opinion that, looking to the probable comleijiienee ofthc hea vy calamities apprehended hy the merchants of Liverpool, anil the manner and degree in which they may affect tho interest of tho manufactur ing districts, (hb application of that body for aid should ho supported hy a deputation from this chamber," The (recounts from tho manufacturing dislsicls arc very hud, and groat numbers of workmen were out of employ meht. The re is some little ground for hope, amid all thisglooitt, iu tho fact that consols and exche quer hills have not fallen off in [trice. UGMUKKUIAn CHAU I.KS ION MAItKGTS. Aloy li. Cotton. — Received si net) our last to yesltnlay : morning inclusive, 19 bales t-'t-.i Island, anil 2i07 hale: Upliiwd Lotion. t'l“t>red in Iho sumo time, 1,3 bales Star Island, and 11131I 1 131 bales ot I nland Cot ton. tin shipboard, not cleared,Sd-.) tubs Sea Isl and, and 1563 bales of I pland Cullnn. The s.les have been 1143 hales Uplands, ns follows; —301 10, 107. i»l, 3i>, 9,'; 340,9; 10.87; 20, Si; 90,81; 20, 8; 173, H; 13, 7, and 20 (i cents. Our Livorpo d dates nro 10 the Htli April—(liar, market continued depict a od, and it further decline in all descriptions ol Up lands, of! a d. exeeptiing prime, which remained without any elmngn Our market remains at last week’s rales, kill there is a honor enquiry for choice lots, which are held at higher rates. Itacon,- 45 hhds. of 1 ('extern .S’idos, brought 9 cents, and a lot ol Almeloiing Hams m boxes, from 9 ti 10 cents. Exelwnrr. — lltllsnn England are selling out of doors 11ml It) per cent. Tiro Hank of Charleston rates are 9 per eenlr pivmnim. mss ■»»«•> ■ineme.- ■■■«t| wrw (IMl—w———lWl——l illayluc Buiielligrencc. Savannah, Miry 18,—Arr. I*r. barque Osprey, llnrilnt, Hrll, Kng. ; M’:im!)oaiM Florida, Mob hard, Si. Angustino : Cincinnati, Curry, Silver lilulf. CIM, whip Olivo Hr m b, Atwood, liuslon ; brig ItomuiuH, Wniiman, I’rovidnnco. Wont lOKon, bliip Olivo IJramdi, Atwood, Boston; britf UoinnliiH, ll aiiman, I’rovidcnob Nkw York, May 10.—Arr. nliipy Trenton, Bun null, Savannah; Thomas Biukiiigson, Lyon, do. j brigs Madison, Zavcrmoro, do.; Mauler, JSiurges, Cliurltibton. I*Aii.M>Ki.rnrA, .Vny 17.—Arr. brigs Now Man* ovur, Cany, .Savannah ; Lnngdun ( liovea, Baker, < ’liurlcsion. mm ri nwc«n Wi On tho morning of tho I lib instant, Jam; Mr.iKAiiKTiit only daughter of I)r. T. M. and llun l iulta T. Kobortsnn, aged fourycars, eight months and seventeen days. She here n painful and protracted ilineas with n degree of patience and HiilmiMoti seldom witnessed in one so young. A U4RE9. A VOTING man, wi» lung employment, inny find a situation in a Drug store in ibis c ity, where facilities will ho afforded him of learning Ibo drug business, and whom kind nt unilion will bo paid to ins morals and general improvement; and, if ho should desire lo become a regular npprentic •, be shall be thoroughly hinght tho business ofa drug gist nnd apothecary, which instruction shall include at least two courses of lectures m Chnniatry in tho monuilrt'ofgoonTTmrrtbnrr- A lad from tho country, ot II to Its yunr.o ho pridunvd. An application rddreasod through tho Pont Olficoto hox'-ioi, Augusta, (Ju , will mod with nimntion. Augusta, !May 17, 1837 swStwl 115 ffjOitlf fit Thin. ■JJ AA HOLLA U/V Reward for the apprehension h v v . r of my woman SAUV, who absconded about eighteen mon lis pad. #h6 is yellow eoiu l lee led, about 5 (cot high, and Inn Inst one of her (■ye-lecih; sha goes by the name of .Vary or /.folly, ns host suits her convenience, and ran i -a with her a ticket, & perhaps fn c papers—nhochanges her nppn ivl iurinr.h'H, th «l she may deceive those who might otherwise know'her. Her husband, (.diaries, be longs lo Mrs. McKinnon,of Augusta, nnd ns grind n villain an ever went unhung; he goes in the steam boat Fon stcr, formerly in the Washington. I fore warn nil person*, especially Masters of Vessels nnd Cnpluins of slenmlmats lobe aware, ns IVo law' will ho regularly enforced, MIJRIIAY IMOKI), sen. {JO* Tho Augusta Ldironiul & .Sent, will insert tho above onco a week lor four weeks, and scud I heir hill to nr* lor settlement. Savannah, may 8 107 Z X/ IKiRKAS.n person byname W. L. Footer, \'V tins for linen months past, been nnruha*iing I Lands in t(io nnrrounding counties fop Inn snhscri- i her. , ihi; i focnulion all porr.ouft from trading for tiny i Lands oimdin-c Iby said Fo.Kr men ‘Jib February < lass, n.ill aUpirrcon;, from whom homey have bought - I mm's will confer a Invar hv informing the Hiibscri- • hera without delay. iITIiWiILL A ÜBLAU. M. uon, A/Siy 8, 1857. 'J'liu Align, in .h'enlinel, Federal Union, and Ash- . e.vs Whig will ms il iljo above 1 lim B,nnd forward rj liicir hilis lo 11. &O. (may 10 4t lOSI n tiTATF OF CliJ* 1, f in the • nocrior Court, JUr/nunn;' County. $ January Term, 1837. Flea .or Jane Uocd, ) vh, > Lihdfor Divorce. Uichanl Bond. ; £T appearing to the Court by the return o the 1 i>ej)iity Sheriff, that the defendant iu not >0 he P found—ii in ordered that Ko appear, and file his an- d sw. rin said cause, at the next lenn, ou the Court d will proceed, n« in case of judgment hj default. It is further ordered that this rule he published in one of the Gazette* of the city of Augusta, for the apace “ of three months prior to the noxi term. A true extract from the minutes of said Court. JA M ETS M cLA W S\ Clerk. t March 1 w3m 4‘J ( . $ 104) Ken :ei*(l loe I lie M Itlef. j otTUl.l'N un the 2f/i Ft April, 1837, frutn lire stilt- . W Kcrilrcr’r I’lanmtion on tiro t/alimafjjeO River, Twigs' county, Goo , a rlctip blood bay Marc, in gmnf orthff, lull otairi and loil.etir in her forehoatl, \ mill hind Ibel white, and lias llto a|iiit’Uianco of Hiring - hull,which can hy btosq ohsiiryalton lift rliH<*ovct*'‘ii. 1 will give Hire lltimlrid Dollars reward forlltnnp |ir«hcnsii;n ofllio Thit-fi it while infill, ilhiiirt 0 led . higli, tlini visage i ho wore off' a while but with | frapo rmud it, mid a brown _Crock coal, and light c colored |)aiitaliH<n» —lie calls his name Joseph .Griffin, o 1 will iitrlhor give $39 for the discovery ol tiro More alone, and pay all expenses attending it, and ho thank ful ior any infofrimtKi'n respecting Iter or tiro thief.— Direct In Louisville, (foe. In may 12 l.n ALGERNON S. BRYAN. Ulurk’M MiioK'l. ,j UnuriiniA R. C. i J HAVE lire pleasure to infirm the ptililic') that it lire li'tovc tint'd will h6«|iciii:il nn Sulinility, the n 1 Mil inslntil, hy Messrs. J. M hoach, dr A. 'I hemp sntt, (hr Ilia iiccninodalinn of nil ic:i/m taUc persons - lltat may think proper to coll. 1 have no hesitation in r-c 'tii’.iionditi’'them i.s well qualified lo keep a j well rc/uliili il, qm I, onl r ' j honsf, and have no ■ ilonht h'nl liny will give ■<■•lier.il i. tlisl iclji.ii to/feu- | It' nmi mid In /■ '■ 7. hos linn- jientlenn.n have | mi isle 1 main lie- how ! fire «iv rM y, ms, ( W. CLAUiC,y«r/oer l'r pricier. L4.2E s ’./ RO.VHI,) p n . ( Vrnnrh . torf h A. THOJ/l SON, S roprmoit, m-.reli 20 w 3. n C.'t - A uotfil Hai'g-iiui. ( TUBSnhserilicrrlctarmlnod on rnov- | f ■,' : i jng to the Wi st i now desirous lo dis \inm l'" a " oi his House and 7.0 l 'ihrnr l l v oe- • Jv \ f ■}s,„ eii [lied as a Tavern) in the town of Man roe, Walton county, G«., which is Wi ll improved ( j vu'lli a St re Room very neatly /i ted up, and a ve ry eOriimodiniis Dwelling (with all tho neePK .iry net hiiiiingS and f.vn hack lot-) in a very pleasant a ! d tire mo;, L business pari of the villa" ). Any person . wishing to purchase w ill do w ell to cell and examine the p*tqr ny. Also, 115 Acres of Land Imaisdiatr-Iy adjoining ti e village. As to health nnd coa.l hcluols this vifi ( l-)»e is will known is nutsurp; ‘-ed hy any in Hour- , „iS. WM. A. DRAKE. , Monroe, On., April 7 w3m 81 j O'liUHlt I A, Seri een Cmmty: / a tohUSII before mn,hy Saipuol Gl:arllon,of the J. 38ih List., O M , ono black Horse, supposed by Jno H Nnnllinnd James VV Rnwic, to bo seven years old, thirteen hands and a half high—small whilespat in h’a fo’ehead, soma white spots on his shoulder, natural trotter—appraised at forty-five dot [art (345) JESaE GREGORY, J. I*. , 26rh April, 1837 Alruoexlrar.tJrom the eslray hook. may 12 Slw JOSHUA TERRY, c. t. c». e. "=... -i mj AHgMs(a Chronicle. PSERSONR indebted to the Augusta Ciißoiff*' ♦;lk provioHß lo ihe first of January Inst, nro onrnaiiy rorjuc>trd to make immediate payment ns , it is highly desirable to ihe late proprietor* to close all their old bu>ji eg* with that cstnhlishmeni os early as practicable. They will toko the risk ol remittances hy nml, where the Postmaster’s certificate ofthe re mittane i wbiuincd, uj.d fbr warded to them in CO* ' r f. serf of iailnre; and where the amount is such as rorl not he enclosed in n letter, those who have other accounts in the city, (at the Chronicle & Sentiml, office,or any other ofileo or commercial house,) by remitting an nddilionat sum to makeup an even bank note or note*, may have thfe surplus placed I a their credit there, and a receipt returned on tho sdmesheet os that of the Augusta Chronicle Direct to A. 11. TEMBERTON, or A. H. & W. F. PEMBERTON. may 1 )wif 101 *- V li vi. Tiav siM PlJl AND Co£> LECTION AGENCY, undersigned, Infceditor and proprietor of . the Auiruulu Chroniclei bating the extensive hu smogs of that establish met to close, and conscious from long experience, how much such a facility is needed* at louat by the/'m?*, ii disposed to connect with it a (i ncral Aif cur y for die Cdllcclibn of /foist* fii/irr and o.hcr Debts, m this and the neighbor ing on thorn •Sint' > r,niul will travel almost continunU • »y present them himself. •Should th<‘ business offer ed Ins sufficient, the agency will he made one—and while his long connection with the / res.? and consequent know ledge of, its peculiar re quisitions and benefits (loin such on Agency, ami I his extensive personal acquaintance with the locnh -1 ties and people ot the country, afford peculiar facili* 3 ti's lor the performance of il/j duties, he trusts thus suitable enquiries will leave no doubt of his prompt f and faithful attention to thorn. 1 may «f wif 103 A. H. PEMBERTON. t Extensive Sale of Valuable PROPERTY. WILL I>c f ol<l, on Monday the 22d instant, of Public Auction, in the town of Wilmington; N. C., the follow ing Property, belonging io the ei. tain of Uilii.am Puiignll, Esq., deceased, on a credit of nix months, viz ■ 2GUU hhls Turpentine, (or thereabouts,) lying on ilia U (nut, and now in (hippingorder/ 200 bids Tar, also in shipping order, 17 bales Cotton, 2.i hhd.i MolasbCl, 50 casks l ime, 57 bags Coffee, 7 Idols Sugar, 7 boxes do. 2 Mils do. Ki bids prime llocf, 20 hoxi s Window Glass, I Idnl Leaf Tobacco, 700 1 11 in lids /Horn Salt, (or thereabout.) 10 sacks Liverpool do. And Ihe halam c of Stock of Ship Chandlery, did* One Horse, Gig, Urny ami Can. Also, household ami kitchen Furniture, eon-, sislmg of ( h iirs, Tallies, ileda and Bedding, Side hoards, liiircnns, booking Glasses, Carpels, &e. &c. Also, on Saturday thu 27ili instant, in the town ofpiiycltcvillc, a quantity of 3/olasses, Salt, Sugar, Coffee, ijx*. Also, on Thursday, the Ist day o( Juno nnxt, the' follow mg property, belonging to the same estate, viz— Tim .Schooner Caromne, threo years old nnxt June, copper liislcned and coppered cighlcen inches above light waier murk, 189 ions, high deck, built in this Stale of the most dnniblc hmlcrials—live-oak, n d cedar, and pitch pine,—carries a largo cargo, is a first rate sailer, audio every reipect a first rate ves sel, being well Imrnl in i vory particular, and now ready to receive a cargo, draws 101 lout, deep load ed. Schooner Cai.eii Niciioi.s, four years old thi< nmnlli, 102 lons, high dock, copper lasteiiod, limit -alali-11) this .Stale, and of same materials us Caro line, well, is well lound and in first rate ordi r, and nnw"r®tT>dtCrcceivu u cargo, draws 10 led, when deep loaded. ~ —-- Steamer Wii.mimjtov, not twelve monifii'ijMv'v— also built in lids Slate, oflho very host male; inis, 125 led long, 21 feel li mm, 71 feet hold, with n prom, enadedeek, has a horizontal high pressure Engine' ol HO horse power, III! inches cylinder,7 ibel stroke, 5 wrought non In.ilers, 21 fi.et long and 20 inches diameter, working John Kirkpatrick’s patent valve. 'I his Pont was l.nilt expressly for tliu shoal water of the Cape fear lilvd', and is well calculated liic any trail.) iv hero large cargo, very light draft ot wat er, speed and power, ore required. She lias proved n Him rate tower. Tow Hoot Peten Ross, 98 feet long, 10 feel wide, " loot deep, draws 10 inches w hen light, six month* old, an I i nrii".')over 100 Inna. Tow Peat Favkttevii.i.e, 88 fi cl long, Ifi foot wide, 3 loot deep, draws G inches light, and will carry equal m 80 tons,—about lour months old.— Both these Boats have complete suls i f Tarpaulins. Also, an upon Pi. AT, intended lot very shoal wat er. _ At the same fiino will also ho hired a number of Negroes, fin I lie reme'ihder of ihe year., O ff. PARSLEY, Adrfiinistratur. Il’ilmiiiglWq N.C., M.iy 1,1837. , ? 25- Tim Kdilurs of IhoChornw Gazette. Augusta R cnlii| I, Columbia Tele scope, and Charleston Cour ier, will insert the above once a week till day of sale, in their rcHpoelivo papers, and forward their ac counts to O. G PARSLEY. —Kuyd textile Observer, may 10 wtd 10'J £0 \c c i i Tor?# Notkei A 1.1. persons indebted to the estate of William 10. Bolder, ip ee.,sed, nro requested lo make imme diate payment to me, and those having demands against said estate ate notified to render thorn is? within the usual lime required hy law. EP). W. COLLIER, Ex’r. npnl 19 Wit yj Afiiujmifiii'iuor ’s Notice. A LI. porsuns indebted lo Alexander Warren, do* . coated,of Burke rounly, will mnko imma lists payment,and those to.whom tho deceased is in debted, will render in tlieir uceunnts properly au thenticated, within the time prescribed hy law iIENRY CHANCE, Adm. epril 27,1837 w4t 98 AdiiimikUrator’M Notice, A LL persons having demands against ihe Estate t rn. of Fielding Fryer, son., deceased, late of Burke county, are requested lo present them within that lime prescribed hy law, duly authenticated ; and the c indebted to said Eutato, will make immediate payment to cither of the undersigned.. MELDING FltYl.K, Jun.) . , , iML'LFORU MARSH. f Adran. Waynesboro’, May 10. 1827. [may 17 wCt ,S if min istr/r tor’s Notice. ALL persons indebted to the la o Ster'ing D. Eason, dee'll, nro n quested to make immediate payment, an 1 those lo whom tho deceased was in debted, will render in their accounts, &c. property authenticated, to BENI All S CARSWELL, odm’r. may 13, 18A7 112 Executor’* Notice. 4 LL persons having claims against the estate of /(L Eliza .Milton,'lnto of the county of Jefferson, deceased nro requested to present them duly authen ticated within tho time proscribed hy law, and those,' indebted lo the estate are required to make immedi ate payment. ROGER L. GAMBLE, may A wCt 101 Executor. eiiltit in istrn tor’s Nolice7~ ON the find Tuesday in July, will he Bold, at Cummings, Forsyth county, a good L ot of land, in ( lienkoo, I A No. 1107, 14th Distinct, Ll Section, sold hy order of the Hon. the Inferior Court of Columbia county, os the real astnto ot .las. L. Lonsdale, deceased, for the benefit of the It-irs and creditors of said estate, may 10 108 KENJ. S.COX, Adm’r. OK 0110 IA, O’dumt.ia Cuuntijt O BAHIA II S. MORRIS, tales before mo n Jus te col the Pence,'one flee-hitloti Gmy Horse 4 loot 10 or 11 inches high, badly h’lu shoUed in the right hip branded on the left shoulder and hip (not intelligtdfie) Jsupposoil to he eight years old. Apprait eil hv Win. 8. Jones and '.Valter J. Jones, at twenty live doll irs. JASIES BCRNsIDE, J. P. upril 20, 1837 A true uxlracl from the estray book, may 3 103 liAVIf) HARKIB6. cfe. »Seim iniHtrnlor's Notice. P7AOUU months after date, application Ic' made hy the undersigned, lo tho Honorable the v ; Court of l Irdtnnry ot Burke ronnlji, for leave to sell the who’ie, or« part of tho Real Estate and Negroes,' of Fielding Fryer, sen., deceased, late of Burke coun ly ; for benefit of the heirs and creditors. FIELDING FRYER, Jun.» ... MURLFORD MARSH y Adm ”• Waynesboro’, A/ay 10, 1837. J? [may 17 Imlt “iTiHi a :Vi wS cal orwNotice. SjtoUß months afterdate, appliflition will boroadat ' to the honorable; tho Inferior Court of Jeffer son county, when sitting far ordinaty purposes, foJ leave to sell all the Land belonging lo the Eatata of Or v sou Fonder, deceased. . , May 15, 1837. J V 3. 31. NllTfl A I oft ra*7 17 AT