Richmond Palladium (Weekly), Volume 7, Number 44, 11 November 1837 — Page 2

EZ3ATK in THE V. ft. UBB ATE.

BsTvaasv Oct. 14, 1837. THE LATE DEPOSITS BANKS. TlMbill providing fur roe adjustment of the remaining claim on tb late deposite banks wu received from the House with two amendment, extending tbe times of paying the three instalments from the end of four, six and nine months, respectively to July nest, January, 1839, &. July 183P. Mr. Wright moved that the Senate concur in this amendment of tbe House. Mr. Smith, of Indiana, said he did not rise to make a speech at this late hour of tbe session,but to detain the Senate a single moment, while

he read a letter he bad received since be address

ed UM Senate, from the cashier of tbe State

Bank of Indiana on this subiect. It will be per

ceived (said Mr. Smith.) that the letter refers to ... . . . ....

i ae unaeauoweo me Danes Dy toe t,iu as it came

from tne fJOnuntttee on Finance of tbe senate

The bill was amended while in this body; but still he thought tbe time allowed was not sufficient to enable the People to close this matter

without producing too much distress. He hoped the amendneat of tbe House giving longer time, would be sustained by tbe Senate. He fully con-

cured with the writer of tbe letter (who was well acquainted with the concerns of tbe bank,) that

whatever might be tbe policy ot the Government,

so far as the banks were concerned, the question

is oae of relief to the People. The corporations

cannot suffer, but the I eople can, and must, it the banks are pressed. AI. S. said he wished it

to be clearly understood he was not here as the ad

vocate of any bank, not even those in his own

State, beyond the interest of tbe People: and the

moment he became satisfied that their interest re

quired the suspension of the corporate powers of

those institutions, he would say, refuse to renew them; but he was satisfied that a course of policy requiring of the bank at this time to press their debtors, in self-defence, would be productive of tbe most destructive consequences to the citizens of this Slate. Mr. S. then read the following letter from James Ray, Esq. cashier of the State Dank of Indiana. Statr Bavb or I-tnt aw,) Indianapolis, Sept. 1837.$

llon.O. H. Smith

" Dear Sir: To give you a full apprehension of

the propriety of the terms in Mr. Wright's settlement bill of debts of the deposite banks, I copy

for you an extract of Mr. VYoodbyry's letter of

instructions on being appointed a deposile bank. TBAsraT rhtTATMK.TT, Jan. 29, 1837. "Samuel Merrill, Esq. Pres. Vc. ln selecting your institution as one of the fiscal agents of the government, I not only rely on its solidity as affording a sufficient guaranty for the safety of the public money intrusted to its keeping, but I confide also in its disposition to adopt

the most liberal course which circumstances will I

Travelling later one evening than usual, I last my way in the midst of those extensive forests, which still skirt some of those- western) cities. After wandering about for soma time, on turning a precipitous ridge which obstructed my course, I came suddenly upon one of those singular gatherings of the church militant, called camp meetings. Before me streached a grove of tall pines beneath whose dark foliage, and in striking contrast with the same, pitched numerous white tents embracing a level of several acres in exteat, entirely devoid of underbrush, and carpeted with the falling tresses of the over-hanging boughs. On one side of this enclosure, several feet from tbe ground a plain lodge quadrangul

ar! y funned ot rough boards nailed to the trees

! with tbe pulpit in front, and benches around the sides, for tbe elders and ministers who were to address the congregation, From, this spot to various points in the enclosure'stretched in diverging lines, the straight poles oflofty pines, felled for the occasion, across whose prostrate length, with the interspace of here and there "a long drawn asile, were laid the rude seats of those hardy worshipers. Innumerable lamps were suspended on all sides of tbe encampment, blending their flickering light with the glare of pine torches from tbe several tents where tbe evening's repast was in preparation, while millions of fire flies shot like tiny meteors along tbe dark open

ings of the surrounding forests, and the eyes of the sleepless stars looked on as to witness the devotions of that primeval temple.

As l paused to survey the wonderful scene,

the wild howl of a wolf rang through the shud

dering air, and a moment after a fawn passed me, and bounding into the enclosure, d ropped down

exhausted in one of the open aisles. This sin

gular instance was succeeded by a dead silence,

which wss presently interrupted by the voice of

the speaker, who had just finished the last dis

course of tbe evening, and was about reading

the concluding hymn. "Welcome," said the aged

man, with compasionate emotion, "welcome, poor wearied and persecuted wanderer, to the refuge

and rest ye seek not in vai.! Ye did well to flee hither from thy ravenous pursuer for thereby have

your days been lengthened and ye shall yet range

through the green places of the wilerdness, where tbe hand of God bringeth forth the tender herb

and tbe ploasant water course, even tor creatures like ye. Pilgrims of the world," continued be,

to his hushed auditory, "shall the beasts that perish be wiser in their day and generation than ye, who are fashioned after the image of all the Allwise f Flee to tbe fold of God! The wild pigeon shrinks to her covert at the scream of the

wood hawk, and tbe roebuck bounds fleetly from

Lapatcttc BbaMM Bask. Th following attic! from I

the editorial columns of th Lafayette Free Press, it noihiag more nWa we have beau expecting from tbe mannar in which wa bare frequently heard th biiiiafs of this Branca has bean conducted. It is important to the State that this Branch should be sustained, and kept in operation. There is no community, perhaps, in tbe State who hare more enterprise, than have the citizens of Lafayette ; and in a com

mercial point of view, there Is no place in the interior of

the State that can be compared to it. We are sorry that any difficulty has arose ; but we hope, that at th recent lection of officer, a change has taken place that will be able to remove all dissatisfaction, and that the Branch will continue as heretofore, profitable to the State and stockholders, and be conducted satisfactorily to th community.

THE BANK

Hitherto nothing has been

admit towards other institutions. The depositee of tbe public money will enable you to afford increased facilities to the commercial and other classes of the community ; and the department anticipates from your adoption of such a course respecting your acconiniodattons as will prove

acceptable to the feoolo and safe to the Government. "1 re main, very respectfully, your obedient servant, LEVI WOODBURY, Secretary of tbe Treasury. W have done so ; we have accommodated the Public, and are paying two par cent, to the U. States for the means of doing the same; and are paying the pensioners at ten different places of payment in the State, Arc without charge. And now. as far a lies in "tne power ot Congress, it

would seem, we are to be crushed unless we screw out of the community, during these times, about $700,000 deposite money loaned out, and nay tba samo up in 2, 5, and 8 months ; and that, Isuppose in specie. It is plain, if such a settlement is required, that tbe interest and tbe rigidly interests of the U. S. Government are only reS tided, while the interests of the People of the tate of Indiana, in half of our bank stock indirectly, are left to (be winds. Our banks can stand any thing that any bank can stand, but the prospect is that we will bo all left so prostrated on such terms, that we cannot lift a finger to furnish means of conveying out a surplus produce, or add any thing to the facilities of the people. If we lose the fourth instalment, and have such terms of settlement required of us, the people of this State must inevimblysuffer severely. There is bo possible remedy. The means of paying, as well as most of the means of resuming specie pay saents, must come from them; and you may well apprehend that they are not well prepared to meet such calls. . yours trnlv, - JAMES M. RAY. Mr. Smith said he did not intend to trouble the

Senate but a moment, in additional remarks,

whatever justification he might find in the remaiks of the Senator from Missouri, against the banks of his State; he was satisfied that these kanks wera entirely solvent and good, and should at least have been exempt from tbe indiscriminate denunciation of that Senator. Tbe People

of the State have full confidence that the banks

will finallr redeem every dollar of their paper.

aad be had no doubt that such would be tbe case; time, however, was required to enable the Peo-

nlawkoare indebted to the nanus to par up.

The money due tbe Government is safe, and the time is . relief measure for tbo benefit of the

People, and he hoped it would be granted by tbe Senate. A conversation ensued, by Messrs. Buchanan, Wright Walker and day, of Ala., on a difference

of understanding of the import of the language of

the mil, in relation to the time when six percent, interest would be required from tbe banks by tbe Mil; Mr. Wright believed it to be from the time of the default under the provision of tbe deposite act, and Mr. Buchanan from the time of the default to pay the instalments under this bill. Mr. Webster moved to amend the amendment of the House so as to require six per cent, interest after tbe banks respectfully should tail to answer the drafts of the treasury upon tbetn, accor

ding to the ptevistuns or the mi unite act, thus

fixing the supposed ambsguoue htnguge of the bill so as to mean what the Senate generally de

sired it to mean.

Mr. Clay, of Ala. caned lar a division on the question of this amendment, and there appeared,

ayes a, noes c, no sworem- ssss fjie Sergeant- ; . - - . i t ft- r -

at-Aran wu turvcjtrvi tv ww tuBasat

the yell of the panther, while ye, who are encompassed with manv foes, having eyes, see not,

and cars, hear not,or heed not the voice of the prowler. Wot ye not that ye, like that poor panting hind, were hunted up and down in this dark

wilderness of the world t Flee to the fold of God! Doth not temptation haunt your footsteps from

the rising of the sun to tbe going down thereof? Doth not remorse dart his firey ariows into your bleediing hearts at evey turn? Doth not conscience smite ye with its avenging sword whenever ye turn a deaf ear to the still small voice?

Flee to the told of God! Do do not the cares of

tbe world, its vanity and vexation or spirit sur

round ye, when ye rise up and when ye dream

dreams! Flee to the fold of God! Is not death

the ever present shadow of your earthliness and

doth not the prince of the power of the air the

mighty INimrod ot your pnncelcss souls trace

your guilty souls along this pilgrimage of sin?

O flee on then, fellow sinners, flee to the fold of

God! wherein ye shall find a refuge and rest. Vain were the attempts to depict the scene eliKb AsttuMOTl -- m.- ' rroan. the sobs, tbe hysteric shrieks of the ter

rified females, and indeed the convulsive shudder

of the whole assembly, I leave to the readers imatrination or. memorv. if he has ever witnesed

a smectatle so thrilling. After the first burst of

feeling had a little subsided, the tremulous yet not unmusical voice of the late speaker was heard chaunting that striking hymn: Stop, poor sinner, slop and think, Before yon farther go; Will you stop upon the brink Of everlasting wo ? One listener after another joined in the strain, till presently ten thousand voices were blended in the awaRincr avmnhonv. I have listened to the

midnight peal of the roused ocean and trembled amid the thundering of the Niagara, but never

was my heart swshod to breathlessness, as by the living chorus of that solemn anthem. The place ; the scene and the music of that vast choir, filling the depths of the mute forest with echoes of terrible warning, -were all calculated to make a vivid impression even on a mind the roost obdu

rate. I sunk down on my bended knees, awestruck and overpowered. It seemed to me that every voice was directed to myself, in eager imprecation to fly from the brink of the dreadful abvaa to which "bone never comes at all.7 The

service closed with the hymn, the worshippers slowly retired totbeif respectivetents and silence and sleep resumed their quiet empire; but f there I remained, rivited to the earth, motionless and alone. Yet not alone, for the voice of a mysterious presence kept whispering in my ear, flee to the fold of God! even the monitory "stop!" of the thrilUing hymn, , rung like a trumpet from Heaven through the chambers of my heart. 1 bowed myself to the earth, and there all night, amid tbe gloom of that lonely forest, and the moan of its solemn pines gazed on the phantoms of mis-1 pent hours, imploring light to my darkened spirit, 1 energy to subdue its firey psssssons strength to ;

unmask the specious vanities of the world, and forego its momentary pleasures, tor the unim

aginable cycle of an eternal beatitude, till morning dawned upon my silent vigil, and found me

blessed with that inward peace which seems the

antepast of heaven.

said in relation to

the management of our State Bank, and we pre

sume tor the best of reasons that nothing, or but

very little at least is known bevond the circle of

officers who control it. We, for one, have not sought to look into its transactions, and for this

reason, that we own no part of the stock. But notwithstanding this we feel an interest in its character being preserved, inasmuch as so long as banking institutions are kept up, it would be the benefitnf our country that one should be kept up here. But we look upon it as our imperative duty to notice every violation of its charter, and all the mismanagement which may come to our

knowledge, to the end that the stockholders may be informed thereof, anJ applv the corrective

remedy.

The object of chartering the bank was to enable our citizens to supply themselves with funds at a reasonable interest without being at much trouble or inconvenience. For this purpose the

State furnished a large portion of the capital, and for this purpose is the bank limited in its loans to a certain per cent, interest. Now we would ask if it be true, as represented,

that the Branch at this place instead of using its funds, and directing its discounts to tbe legitimate purpose, the officers suffer extensive loans

to the Insurance Company at this place; and if

tbe money thus loaned is not again re loaned to individuals at an exorbitant interest? We have heard such charges; it will be well tor the stockholders and people to look to them. It is for the interest of the community that tbe Branch at this place should be continued, provi

ded it is conducted under the regulations of the charter, hut if its means are to be prostituted to the purpose of compelling the citizen to pay from

25 to 50 and 100 per cent, interest, it should not longer be suffered to exist; it must go by the board, the "monster" must be put down. Since writing the above we have had further item on the subject of the bank transactions of the branch at this place. Sometime since, we are informed, charges were preferred against the Cashier. We had

partially information of these charges at the time

they were preferred, but we bad not heard of

the ultimate result. We now propose giving it in

the terms it was related to us.

The charges were that, the Cashier, Mr. White, had used the funds of the Bank for his own pur

poses and had loaned a large amount to a particular friend, one of the directors, Mr. S. Taylor, with

out tbe authority or permission of the Board,

and in violation of his duties as Cashier, and

that the interest arising from the loan of Mr. Tay

lor he had appropriaed to his own use, and this too at the time when the Branch had discounted to the limits of the charter. These charges

were investigated bx. the Board of Directors;

were sustained by the evidence ; a resolution F

fered in substance that the Cashier had, in viola

tion of Lis duties used the funds of the Bank, and

friends of . the Cashier wish to set up, and this

was the defence of the Cashier, that the amount

loaned to Mr. Taylor was of the funds of the In

surance Company: but that the books of the

Bank showed most clearly that the Insurance Com

pany had no funds then in Bank, on the contrary it had over drawn some hundreds of dollars. And

if this were the fact, why did not Mr. White ac

count to the Insurance Company for interest? The

evidence then, if this be tbe fact, establishes this,

that the Cashier, without leave or authority, and-

at a time when tne bank had discounted neyona its chartered limits, loaned a large amount of the funds of the Bank to his friend, charged ten per

cent, interest; pocketed the interest, and yet the

Board sustained him in tbe act. Where must this

end? If the Cashier is suffered to use a portion of

the funds of tbe Bank, what is the limit?

This matter should be seen into by the Stock

holders, and if they will not place a check for the

future, it is high time the State were looking to its interest.

We are informed that the facts in relation to

this matter are placecKnpon the minutes of the Bank,

and each stockholder a has a perfect right to examine them. We are further informed that one of the directors wished the whole matter published and the evidence made public, but the majority of the Board refused. We are also informed that the facts of this matter were withheld from the minutes some three or four weeks and were not spread upon them till since S. Merrill, Esq. the President of

the State Bank, last examined this Branch; and it is believed that it was done with the express purpose of withholding the information from the State Board. We are also informed that there has been a deri lie tion of duty on tbe part of the Cashier in withholding from the Board of this Branch, sundry orders of the State Board.

If all this be true, and tbe facts are brought

before tne legislature, or the mother Hank, al

though as before stated, we would much prefer

seeing this branch continued in operation, while there are others in the State, -yet we think its operations must be suspended. The major part of the directors of this Branch, are men more

-"deeply interested in its continued operations than

"fanv others, and we cannot conceive what freak

From ta JVUSmi ItUelUgnecr.

THE THITED STATES BANK AJTD THE GOVEKimCXT. There can hardly be any one among our readers who is not familiar with the history of the removal of the public money from deposite in the Bank of the United States, or of tbe alledged grounds of the measure which has been productive of consequences so detrimental to the People and to the Government. The nnin allegation, wa need hardly remind them, was that the j public money was not safe in that bank, and that j it would be more sale in banks selected by the Government, by whom, also, the public business would be transacted with even greater facility j

From theS. Augustine Herald Oct. 21. cLoaiors srws roweix tasks. Aa Express has just arrived in town from Fort Peyton that Powell wfca 80 warriors have been taken prisoners. They are new on their way to town. - ' . . - Since writing the abojre, the prisoners have been brought to town and confined ' in the Fort. There are upwards of eighty warriors. Powell, Coahajo, and several sub-chiefs are among the captured. The capture took place about a mile from Fort Peyton. The talk was a verm short one. They stated that they had been invited by Phillip to

won i come and near propositions were to be made to them, that they did not come to deliver them

selves up as prisoners, and nothing was said that

. , . i i

and convenience than by that institution. Upon j seemed to indicate that they were vet connuer'd . i - . i . L . .L a . . . - z

am soon as mis tact was ascertained, at a preconcerted signal they were surrounded by our troops and all teken prisoners. They were completoly surprised and captured without bloodshed. This is another success upon which we have reason to rejoice, and it will lead to still more beneficial results.

SracisL A letter fi

SWISS

OF SracIB haa k,

sylTnmaCaaal. ft

befbr the U. 8. Sana aad Ow fsaaas af rnjaaT paysats by th baaks ia a start Ti-ri "frTjT

The

Pennsylvania Convention kasa tS iS article ia rslatiaa t th aattssjaaaaa

ry aty, by the citisens af that stats :

-ras rrnmiaafthis

nrrwaas tar ws ssfaars when and la

oe aiisriee b law

. A .1 - 1 .1

HUT rwrtner mnnaiimi vy we auuse SjCB-

twBssn,tne Senate adopted the amendment f

Mr. Webster, and concurred an the amei

of the House so amended, and tne Mil was re

turned to the House.

From Zion's Uearld. CAMP MEETIKG SCEME. We sxtract the following graphic description of n easap uniutiiij; incident from the Kiuckerboekar. How finely, it will be seen, the preacher teak advantage of ike leaping of the sawn into

tka enclosure of the cassp ground, as a skelter frees tan pursuit of the wolf, and with what baanty, earnestness and eloqueacc, be siexed upon that incident to warn sinners to "flee to the foMefGod." Disembarking at Cincinnati. I set rT on foot to explore tne cavern of Kentucky and Virginia.

Sxxr-Davonox. In tbe year 1710, the Danish

fleet, under the command of Admiral Gyldenlserve, was sent to the Baltic ia pursuit of a Swedish fleet ;

but in consequence of the sudden sickness of his

crew, he found it necessary to sail for Kioege Bay, and secure a defensive . position. The Swedish

Admiral having received intelligence of the ca

lamity, hastened to take advantage of it. He

appeared off the Bay, and engaged, but did not conquer tbe fleet.

During the engagement, one of tbe Danish line of battle ships, Danbrog. took fire, nor could all their efibrts to extinguish the flames avil. Capt. Hvitfeldt saw one ray of hope, which at the moment promised safety to himself and his crew; it was th cut bis cables and drive ashore; there was,

however, danger to be apprehended if the wind should change, that the vessel might drive among

the Danish Gee t, and thus endanger both the ship-

Ping and the town. Of the two evils, HviUeWt

ebeee tba least. He gave positive orders that the cables shoaklaot be eat, add then sent his officers among the crew, to ask then if it would not be

more glorious to nursue the destruction of the en

emy while the Danbrog existed, than by an attempt merely to save thamselvaa. endanger the

lives of thousands of their countrymen?

The salors answered tne nroooaal of their gal

lant captain, by the most cordial cJesers. Hvitfeldt

then sest six men on board the asksnral, to inform hitt of their determination and to bid their country tarewrl!. Ia a raw minutes the flames reached the magazine, explosion followed, and the whole crew perished in one of the most natrioti

acts of self-devotion ever recorded. . . ..

of infatuation should permit them to'conduct the

business of the Branch as would subject it to suspension at any moment. Have they no more regard for the well being of community ! - It may be supposed that we make these remarks for political bearing : not so. Although Mr. White is politically opposed to us, we have always held that politics should be excluded from the management of the Bank. And we had always thought Mr. White an excellent Cashier; and further, we do not intend or design accusing

his political friends, for we are informed some of

all parties have went in for sustaining his conduct, even some of his most violent political enemies, we intend to charge that, if reports be true a majority of the directors is more to blame than he; it is their duty and business to see that if be

discharges his duty correctly, and if they do it

not, the blame rests upoa their shoklers, and must

be accountable for the result. Lafayette Free

Press.

RjtTHEJt a snvxBK Fi;jtMixuptT. The Arkan-

L. &. Gazette gives tbe following account :

Another warming to Ilorae-tMeires. At tbe late term of the Circuit court, of Pike county, Judge Handy presiding Tyre CPXetl, was convicted of stealing horses from the Chickasaw Indians, when lately passing through that conn-

try, to their new homes on our western frontier,

and sentenced to be executed on the October last.

this ostensible ground we have seen that the Gov

ernment has followed out its experiment, until it has landed us just where we are. The public money has been so welltaJhni eare tff, that the Government cannot touch a dollar of a Treasary balance of some fifteen millions of dollars; and Congress, having been specially called together for tbe purpose, at an expense to the People of

pel haps half a million of dollars, has been obliged to authorize m Loan (by another name) of ten millions of dollars, after dishonoring the Government obligations to the States to the amount of nine millions more : and has besides, by law, given

indulgence to tbe delinquent banks which bold the public money, to pav, by distant instalments, tbe

amount tkev owe. The circulating medium, in

the mean time, has deteriorated, from being the

best possible, and equal value with specie all o-

ver tbe world, until we have a medium which has

almost no circulation at ail, with which, for the most part, you cannot pay a turnpike toll, at the

distance of one gate to another, from tbe place of its issue. The very mendicant in the street of

one town will not accept as alms the paper issued

and circulated as money in the town adi'uning.

On this state of things we shall not expatiate,

having no desire here to exaggerate the evil, or inflame tbe very natural dissatisfaction of the

Public with tbe authors of it.

Whilst, however, the Executive measures have placed the public jeopardy, and spread a degraded currency over a half-ruined land, Time, which

tells the truth of all human speculations, has

quietly exposed the fallacy of all the grounds,

pretended or supposed, upon which tbe late President of tbe United States and the Cabal by

which he was surrounded, undertook to tamper

with the currency, and to use aad abuse the public

money. 1 he Bank ot the united mates, alter re

fusing to bend at the footstool of power, has not gratified "the Government" by breaking. It has

pursued the even tenor of its way, performed its duties to Government, and met its obligations, with as much punctuality as though the Government itself had not broken with if. More recently it may be recollected, the same institution has been again vindictively assailed by

the Government press, upon allegations of its unwillingness to settle, on equitable terms, with the Government for the amount of shares of its capital stock, belonging to the United States. An agreement was finally made, by which the bank agreed to pay, and the Treasury to receive, in four annual instalments, one hundred and fifteen dollars and fifty eight cents for every hundred dollars of the nearly seven millions of the bank's stock belonging to the Government; thus secur

ing to the Government a clear profit of more than fifteen and a half per cent, on the amount of its

stock in the bank, in addition to the amount of

profits which it has annually received in the shape

of dividends.

We come now to the point to which we pro

pose to ask the reader's attention.

vernracnt, under

which it was payable, let it be borne in mind, was long before tbe suspension of specie pay

ments, and the Bank of the United States might, if it chose, have answered the demands of tbe

Government for performance of this contract in

the same manner as tbe deposite banks did when

asked for payment of the public money. But did

the Bank act upon this principle? far from it. Long before this instalment became due, that is to say, five months ago the Bank, being called

upon by the Navy Department, to help it out of

a dilemma, by an advance of money on account

of this contract, promptly agreed to do so, and

did advance the money, to the amount of half a

million of dollars, and placed it where tbe Department had occasion for it. asking and receiv

ing for this service only the same iuterest on the j

.1 n t , i j .

sum aavancea as uie deum hs ua aurrceu to

pay upon its contract debt to the Government. . a a .a . . a

It has just come to our knowledge tnat tne re

mainder of the amount of the first instalment,

due by the bank, has been paid" within the week before last, and in a manner so honourable to tbe bank that it deserves to be mentioned to its cred-

The amount paid in advance, as above, (in

cluding interest.) for tbe use of the Navy Department, was $510,353,99. The amount paid

in State transfer drafts and Treasury warrants, received by the bank in the course of its dealings, was $1,145,150 16. The balance of the

ng to tio,4dV 71, was paid total amount of two millions

one hundred and seventy thousand nine hundred

and sixty-three dollars and seventy-seven cents. We confess our gratification at being able to state these facts, so honorable to an institution against which all the malice of party and all the power of the Government have been directed fur ,

the last bve years, in tne parucuiars oi tnis

transaction we have a noble and eloquent reply to the calumniators of tbe bank, and a further confirmation of the arguments of those who have maintained the right against the wrong in all this controversy. We say the right against tbe wrong, and we say it confidently: for whatever doubt may have heretofore existed as to the right or the wrong side of the question of the utility of the value of a Bank of the United States, it is impossible to resist the evidence of succes

sive facts, such as those which we have stated. With from fifteen to twenty millions of money in tbe Treasury, it cannot be denied that the Government was obliged to invoke the aid of the proscribed bank to make a payment of only half a million'of dollars. Nor can i t be denied that, after the Government has by law recognized the ina

bility of the vaunted deposite banks to pay over a single dollar of the public money in any funds which it can use for its purposes, the Bank of the United States pays in specie at a rate far beyond

its par value, for Government shares of its stock, for which the bank originally received from the

Government only at five per cent stock. Comparing and est i ma ling such facts as these, we are enabled at once to estimate at their true value the gross misrepresentations with which the public ear has been so long . abused, and the oublk opinion so far misled, in regard to the mer

its of that calumniated institution, the Bank of

the United States.

Office of ike Georgian, i Sav!i?rAif, Oct. 26. 1837., The schr, Oscar, Capt. Buckingham, arrived yesterday afternoon from St. Augustine, bringing us the Herald of the 21st inst.om which we

extracted the following article, relative to the capture of Powell. We have also been favored with the annexed extract of a letter received by a gentleman in this city. Capt. Nock, of the Steamboat Florida, who arrived last evening from St. Augustine, informs us that Powell and all his Warriors were safelylodged in the Fort. Extracts from a letter from a gentleman at

St. Augustine, to one in this city dated Oct 22d 1837.

"We made a glorious haul yesterday. Powell, and all the war chiefs except three, are now lodg

ed in the fort with eighty of their warriors the

bone and sinew of their nation. Seventy Ne

groes came in a day or two since, and a large

number are now at voiusia, whither a Steamboat

goes this morning to get them.

"Powell and his band came with the avowed

intention of having some talk, but probably with the real one of endeavoring to rescue Philip who fell into our hands some days ago, as all were

armed. Yesterday they arrived about 9 miles from here, and sent a messenger to Gen. Hernandez, who went out to see them : (Jen. Jes-

sup also proceeded to tbe vicinity of their Gamp,

and while they were talking with Gen. II. they

were suddenly surrounded by two hundred horse ;

so suddenly that they had not time to raise a sin-;

gle rifle, though all had one by their sides. They

were marched to town, and "are now safety un

der lock and key," and there they will be, kept

if watchfulness and a strong guard can keep them there.'

The writer says he does "not think this will

immediately end tbe war, but we have drawn

the fangs from the reptile, so that be can no longer

bite."

eqeiralant for sack personal sarriea

The Pottsvuta Journal has th

noo naues -wssas, a aeiss ta sal

at rluidraa, left at taw aVe a short ties

Awrrt pBBMVTrON. A learned

of Bremen, has ma tie a ralriitsila, which iseaaasw oae treaebte tsr the dreadM taw a s sl.Ut

thecalcaUuoaof this aafc, after a laae srteTr casaet will approach to th earth ia th ni'i" th moan, an 4,S00,0M years it wit! si insesTTtaae of T,TOS sapaahieal aulas s and than W ta. T" IT;', ? esaU derated 13,000 feei, aad a oeluga will ti leaTuTj After a lanse of 21,000,000 years, this caawi wilTl earth ! - . "r

last

Wuxian Psxxi0tox, (Whig) was an tt elected Gejyeraor af New Jersey far the aaeaZ. rVnalnctaa is a son of the laa Ka

loaf disUaetishew ia the aaaej of that stats. ImsZa bar of the bat, thea a Jeaiiie af th naaawaktChBah oreraor of the stats daring th last war mthGwasr ' aad. ai th period of his death, jwdee af the rTr th. bait Saw. for th tctZmJmX stssr elect has tar ay year. are. t. - S the New Jersey bar, aad is, says th NewestEneVsi user, ia th fall atatisrity af hi esu. aM laleats, aad business habits, whrrh roasMiatst s7lT the affairs of the Goavtasaeat, aad af the rarl"ef ias ry, in which be presides eWcio, wilt he tntmawM dignity, promptness aad ahittty.'i 4eWt. CjsasVw. . 8nanr, the German who murdered a ye;

Wednesday, Oct. h, triad aad plead UewUty. Skv qaastad that ssatsaes wight he law ill lately passed, swk eordingly, he was ssalsats by Jadea Marshall, ta htk on the 17th of aeat wta. fSewMeOIr Jesanaat. j

mb. JsuaKUtT, ot liDuisviiie who is n east, has succeeded ia negotiating a loan af tw dollars for the gorernmaat of Texas.

We leant from the Columbus Ohio Jotusx j i Clinton Bank ia that city is paying specie far talLa

Rrnoa The New Turk Express of yen' says Aa aawniag story hasgot iate cirralaiiaa aais,s' is, that the departcat at Washington a rats ta Xfc.1

that they had the bead af the

A ricrr-BB of Vis Brett km. The defeat of

the party in Maine was a blow from which tbey have not' even yet recovered. The editor of the

Richmond Enquirer groans awfully under it, and ia his last paper has the following para

graph: The Madisontaa says that the "Eastern (Baagor)Republican, one of the most decided Administration prints in Maine, makes the following-con

fession to account for tbe loss of the late election ia

that State :

"The radicalism of the times, the ultra and "cvm-ian mr-it-t mhrraul. the tWce attacks on timc-

HMmcU lUSMtutrow, (ho - swirlvinl.

upon buisiness and laudib.'e enterprise, the prevailing disposition to pull down and overturn, without knowledge, means or ability to buiid up,

and tbe demagogueism and profligacy of those

who would mount any hobby and ride like death on the pale horse, rough-shod over the necks of the

people, and every thing opposing their mad ca

reer, reckless of consequences and heedless of

far a eailliea tadt, ta SMsd what see i

pay it. Mr. tJtddla, aa reply, stated that ha TTaiastj. f the obiicaiioa, and was so rati sad that it had net be saa !

ed for payatent ; that the bank was resdy to pay as sta

taiion aoooi inineen nennraa tnowsana oouars is sea

drafts of th omnteat and th bajaatre in specie sit,

dolphin, Nw York, New Orleaas, and ether cities. 4V aintter staads.

isnT j

Taavaixans. Amos Kendall, together f the Secretary ot the Navy, aad of Wat, aad Nr. las I

rea passed through IJagerstoa a on the ereaiagi

No particular notice wa taaea ol tnese disti

ellers. They are boaad to Berkley springs. A;v awkwabo cask. The western stags

days siace, draw up to a tarara in Belsnont ceanty tries I .

gentlemen and some ladies in it. The polileUeillsstaat . ed out to inquire if the nasscngera waald has any as) "A glass of water for Che lad iaw, V aajj aa f the ssahtt J

While they ware drinking, tbe pompous sneaker teases

sioa to eoagatulate th landlord on the triansph etfdsea j cy in his county. . vi

"I rery much regretted It, said the landlord. if Mia it is the ealy safety of the Republic said esv 4

r mm fit)

principle - thta sskmIwas mmd deadly sirocco, all these withering influences, pressed heavely on

the party, and urged to the mournful result."

It is a true picture of Van Bnrenism from a

master hand.

nstalmcnt, amount

tn specie; making a

From the Delewar Stat Jour. An Elepmaxt at LaaoE. Our neighbors in Brandy wine hundred were considerably alarmed on Thursday morning, by the appearance among them of a buj- and, to some of them, unknown animal, which seemed to have dropped fror the ekies, or to have been thrown up from the deeo.

so utterly foreign was it in aspect and magnitude from any thing which bad been seen in these parts before. After much speculation, it was ascertained that it was an elephant, a real elephant; but where it come from, or bow it got into the

woods of Brandvwine hundred, was tbe question.

It wa sfirst discovered by ft black boy who was looking for his cows at early dawn. Standing on a bank, and gazing over the meadows, his eyes were suddenly struck by the appearance of the anoster within a few feet of him, slowly turning round-a thick hedge. Blacky s fright might be readily imagined. He gave one look at tho terrible animal turned and run over the fields yelling as if a le

gion was behind him. Tho Irishmen working on the rail-road, being attracted by the cry, came to tbe spot, and, after giving vent to sundYy exclamations about tbe wonderful baste, undertook to

to take him by laging bold of his snout, and leading him a stable or shanty. But that was easier tried than done. His majesty resisted every attempt to catch his poboscis, lifting it in a very ominous way, and, it is said, occasionally lending his assailants a rap, which reminded them sweetly of the shillelss of Donnybrooke fair. Finding that tbe animal would neither be led nor driven, it was determined te secure him where he was; and they went to work and empounded the stray by building a fence round him. The elephant be

longed to the menageire which was exhibited heretlast week. On Wednesday night the whole collection of animals were transported across tbe river in the Hucblebersy steamer, to be exhibited at Salem on Thursday. Tbo smaller elephant had been taken across and was fastened to a tree on tbe Jersey shore, while the steamboat came back for another load. On their re torn, they found the ssimal had escaped from his fastening, and was missing. It swam the Delaware river in tbe night, where it is about a mile and a hs!f across, and the next morning found itself in Bran-

dywine hundred.

ao old Toss Bsasna saM the aaly aafat far

was in his humbug," replied the laadtasd. Tte aft

smiled, aad th gantlernaa did not anile. The ariset? it

at Sweh (ha tray Mil as in daty bo d. Thaa seat! '-,

met

his eye was T. li. Banian. Mltedimg VaWj

The Grand Guff Advertiser of the VtLiZr iafonns us that bricklayers are getting three rfoltaitenW

cents per dey in that placet and that treea Sfty sssssk - --'- - ia,m and awnetaat efWfBSBV n Falliks Stabs. What we commonly calf1 -falling star," is believed be the Arabs ta be a dart haw S

ed by tbe Almighty at aa evil genis aad an behasAsg' they exclaim, MMay God transfix the enemy of the fassi. The New York Courier des Etats Unis saw understand that the commissioner authorised to rsaat companies of French aad German volant net, for the f in Florida, have aalerted for Captain M. Sailer, rheaf af the order af William, king of Holland. St. Least appointed lieeteaant. About 100 subafteras and mn have already enrolled themselves as ms inhere ef tastes

ine umrorm or wnien is very aaadsome. PaasavKBAKca Rewabobv. The

Holt, of Holt's Hotel, Naw York, hare espiadat stV

money and time in boring for fresh water aa their saaat

ano noo proreeoea as rar ia tne artn as cwr last, at. , rtling pure water; bat, says tbe Mercantile AliuSf,' G riday,at the depth at 790 feet, they struck ew a vea . '' as pore aad wholesome water at we have ever tsntti, V C th Sow appeared abundant to supply their lane esaaC. M

rnent.

has just returned to Portland, after an absence af saeSaT ) years, (having been cast away among savage,) saalfc:

his wife married to another bis.

Paufbbisv rrox a Spbcib

rrox a Kraciz Basis. A

died in the poor house at AUebormagh Mam , a sear st

since, who had been a vear ia that inotiiutiaa. M

searching her trunk after her death, it was found ta

nearly two Hundred dollars ia specie. 4 I Nbw Alba it r. This is one of tbe ittost L3 ishing towns ia Indiana. It is 1 orated on the beans tf Ohio river below Louisville, at the foes of (be fmB.

editor of the Argus says, "the improremeats grass area splendid market ha ass, two hundred

! feet in length and thirty six in breadth. The

which can via with any an the Ohio, edthsaajk s

as large aa the Cineinaaii wharves, yet tbey saa An s fine. And a Banking House, the most spleaaM "aan of architecture ia the War em country. The swaSS S

mostly MeAdamised, and the side-walks of the fsW streets are beautifaUy paved. The fwpulatioa ef I Albany is (ey tbe Argo) two thousand greater thea tg other town ia in State, aad is rapidly ncrng-0.' Transcript. if

Remember this! If you go duly to ebuidT n will be well spokoa of though you have ao ether sasnv ' w yoo aglcTUsat duty, yoa will be ill spokoa of jboeykf f

have no other fault.

Coxacrr Jidgmzxt. "Hen are

iys a shrewd observer, -accueaa at pnoa.

at'

'ra

it is rumored that Woodbury is to be sent from the Treasury on a foreign mission. Tbey had better send bim to school. Wheeling Tunes.

Cactiox. We again find it neesafjy to caution the public against raceivingdhe notes of the

"Manufacturers Bank e Illinois" at Jackson.

There are a large nomber of these worthless saga in circulation in this city. Tbey are probably intended for deception the word ManofactarersT

I - - n i i a aw rry tw v r?4"k2i

otvk 2 Deiwnsanui icuen,ana uv.tv.'r jtAjevsvrs.?

in targe- tans TCsesanitng at ine nrsi gianre use real Bank of Illinois. There is ao such bank in that state. Snleaster's Reporter.

Love never stands upon

Thk ScacriA?r?rA-- It affords us great pleasore to enable this day So give a saore satisfactory account at the packet ship Suqahajna, than any that has ssarhsd as

sine th report of her raptor. It will be recollected that the steam packet, Xew York, which left this port on Saturday, th 31st of October, reported that she saw tba Bean us haana the next day. This iataUigence was a grant relief to those eoaosratd, yet it was seared it aeagJrt have hose eoene other ship. All doubts are aow re snared, by the satatn, this morning, of the Xew York. Wa learn fossa Capt. Hpiasssj, that on Hwaday morning, at tea o'clock, he passu i dcrthe

near to have thsowa a Meruit aa board. Tke ship was thea twelve league east south east Aaaa Cape Hsaiopaa It was calm, and she bad all her sail set haarling toward another vessel then insight. If. Y. Cssst. Adv. - - It is stated that the U. States Army in Florida,

the anasoacaiag i swills a is to consist ot lo.raaj

We are realty afraid there will sol he

lf-

causa their s erasers would be proud themselves if th ia their pute. . ' ) Poaa. The LelsBnoa Star of yesterday a;

that they hare now and thea beard of soar Oouars pw s. dred beta offer tar Park. Ia Cincinnati, we do ta I

learn of any contracts having been easased iatei are satisfied that our mii hsast will buy ttitlinsff

price. Tbe country is fall of pork, astd the marks daattv supplied, at eaaaa tatss. Nearly every eahwug

faad that at ssaataMr Irani two

market soar,) contains ta smblsm ssT J

ers, as young oasts is are eaBed, which last yaaraaf s ity at ana dollar and tweaty-Sve eaasa, ar pltsSftt Gt to li eewtssnrsawafs fTKig AsrswtrrV , -. The sub-treasury scheme will work -

the aid ofCoasTrsot. TW PuMinattw at

moot, wu Uoery ikd 1" bis stttars, and a

divorce, without farm as saw, is ia pursuance) at mmr

expert saasMS of ta Aawntaistrauoa, nan sa -

taa sayetg ot use ritatusBB-a i

WasL

make sr. Fh

age totaasa rAOQTsaoaisviUsX

aura!

eyW

Mas. MAJMsO!ttends to bar seeidaaee daring she eaeuiag wial

ia est riwHtelt etas

of the criixses. ess

lor bar. mwnppsars ss mm ,

bl good health and spirits. - ''tl A correspondent of the rTtuWelsat Gsuwtta, says-On WaaWaay rSLST passage ef She traia of caa-e, the C via t,V Lancaster and Haiiisliaigh Tmapiha,gvre tray. - -r-,

was about IIS feat."

The Convention of P

a a part af the Camsti

eg I

taa dust

The New York Gaxatte

stand that Mr. flinsasr the raiaad States ttasaM

lihair to take art fine.

Sytss;

iaa asssny-

witt iaa