Bloomington Post, Volume 2, Number 28, Bloomington, Monroe County, 2 June 1837 — Page 3

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Wo have heretofore incidentally remarked that, in reference to the sutlbrings of the People, Congress, if ailed together in the present emergency, ;ould do no no re than the President can, if he thinks proper, do by -limself alone. We did not say, and did not mean to be understood as maintaining, that the Executi ve has it in his power, by his solo act, to relieve the Government from embarrassment, otherwise than by re. moving the suspension of specie payment by solvent banks With a tentli part of the trouble that the Government has 9 taken to bring about the failure of all the Banks to re- , deem their liabilities in specie, the Executiv e could rcstore the specie currency, and the trouble of the times would be relieved to a certain extent, and to as great un. extent, perhaps, as relief is now practicable. ( It Is demonstrated, however, by the subjoined article, which we copy from the United Slates Gazette, that, in the event of a continued suspension of specie payments by the Hanks throughout the country, Congress must becalled together, or the wheels of the Government must stop; for, under such circumstances, the Treasury cannot continue to pay the Army, the Navy, and the Civil List. The public works, for which money lias been appropriated, may, we suppose be suspended, and the Contractors for carrying the Mails might le willing to continue to carry them on credit, relying on the faith cf the Government for full indemnity. Hut a rnasj of other demands upon the Government, including the Revolutionary and other Pensions, must be paid in gold or silver, or in Bank Notes which will command it; unless the injunctions of law be wholly disregarded. National Intelligencer. FROM THE UNITED STATES GAZ2TTE. Congress must be called together. The situation of the country is such as no longer to leave it to the option of the President whether the National Legislature shall be convoked. He can no loigci administer 'he Government according to the Consitu'ion and the loin, according to his oath "faithfully to execute the 'b!lcc of President of the United States, and, to the best

of his ability, to preserve, protect, and Jefend the Con

stitution of the United Slates." Witl.out the aid of

Congress, the duty "to take care that tl'.c laws be faith

Anly executed'' imposes obligations on him, which he can no longer peiform. Constitution of the United States, Aft. II, Sec. I. In the assertion of these opinions no party hostility is indulged, no censure Of the past is intended. Retrospects are willingly thrown into shade, and, if necessary

to secure domestic tranquillity and promote the general welfare," they will b-j thrown into oblivion. It is in this spirit, and in the indulgence of the grateful feelings manifested by these remarks, (he following exhibition is made of the laws of the United Stales, Which cannot Le enforced; but which the President is bound to obey and execute, ily the aid of Congress tiw, can the President proceed in ihe administration of the Government and of the laws. Without that aid, he is powerless. 'hi the 30: h of April, 10 1 C, Congress passed the following resolution. Story's Laics j the United Slates, 181K. ,m Resolved, That the Secretary of the Treasury be. and he hereby is, requested and directed to adopt s.'ith measures as he m.y deem necessary, to cause, as rV' n as may be, all duties, taxes, debts, or sums of money accruing or Incoming payable to the United States, to be collected and paid in the legal currency of the United States, as by law provided and declared, or in notes of banks which are payable and paid on demand, in the aid legal currency of the United Ptates; and that, from nnd af;cr the twentieth day of February next, no such duties, taxes, debts, or sums of money accruing or be- , coming payable to the United States, as aforesaid, ought to lie collected or received otherwise than in the legal jnirrency of the United States, or in notes of banks which arc payable and paid on demand, in the said le

gal currency of the U tiited States. Approved, April 'M, I8f0. Un the 3Uth f June, 1C36, Congress passed the "Act to regulate the depositing of public money." The 4th and 6th sections of the law are as follows: Sec. 4 And be it further enarted, That the snid banks,

uciorc mey snail bo employed as tne depositories oi me i public money, shall agree to receive the same upon the i following terms and conditions, to wit: First. Each bank shall furnish to the Secretary of the Treasury, from time to time, as often' as ho may require, not exceeding once a week, statements setting forth its condition and business, as prescribed in the foregoing section of this act, except that such statements need not, unless requested by said , Secretary, contain a list of the directors or a copy of the charier. And the said banks shall furnish to the Secretary of the Treasury and to the Treasurer of the United Stales, a weekly statement of the condition of his recounts 11(1011 their bMks. And the Seerctaiy of the Treasury shall have tl,e right, by himself, or an agent appointed '"or that purpose, to inspect such general accounts in the Itooktuf the bank ms. shall telatc to the said statements:

Vrovidrd, That this shall not ! const tued to imply a right uf inspecting the account of any private individual or individuals with the bank.

enrrency of the United Stales or Treasury notes , or in

the notes of the Bank of tlie United States, or in notes

which are payable, and paid on demand, in said legal cur

rency of the United States." The provisions of the de-

posite law have already been given, and show his duties. Thus no payment can be made to the United States but in speciex or in the notes of specie paying banks; no deposites made in any but specie paying banks; no collector of the revenue, no postmaster, no public agent can receive the public dues, postage, or money which the United States have a right to demand, in any thing but specie, or in the notes of specie paying banks. The Secretary of tho Treasury has no power to relieve any one of these officers from this duty ; he has no authority to allow receipts in any other manner. He violates his official oath his official obligation, if he gives such an authority. A public officer who acts under the assumption of a power by the Secretary of the Treasury to permit him to act otherwise than in obedience to the injunction of the resolution of April 30, 151G, and the provisions of the deposiie law of 133G, violates his oath of office, and violates his official duty. The President can give no relief. He is bound faithfully t execute, his office, "to take Care that the laws are faithfully executed." Thus stands the law as to tho receipt of money by the officers of the Government of the United States. As to the payment of money by the United Stales to those entitled receive it, the obligations, and the duties are defined in the same clear and explicit teims, and their performance has note become impossible. Congrers

only can give relief in this matter. Without the aid of

Congress, without a change in the provisions of the laws for the payment of the sums due to the public officers, to the public pensioners, to the public annuitants, to the claimants of the French and Neapolitan indemnities, to contractors for public supplies, to contractors

tor mail transportation, to the Indian tribes, to the

States under the distribution act, no payments can he made. What aro the provisions of the laws of the

United Slates u the subject t On riie 14th of April, 1 03(5, Congress passed an act

entitled "an act making appropriations for the payment of the revolutionary ami other pensioners of the United

btales, for the year eighteen hundred and thirty-six

Session Dues of 1230, 23. The provisions of the 2 1

section of that act impose, imperatively, duties which,

in the state of things, cannot be performed. These provisions are permanent. Thev are

Sec. 2. And be it further au'chd. That, hereafter, no bank notes of less oenomiuation ban ten dollais, and that from and after the third d;iy of March, Anno Domini eighteen hundred and thirty-seven, no bank note of less denomination than twenty dollars shall be offered in payment in any case whatsoever, in which money is to be paid by the United States or the Post Office Department ; nor shall any bank nolo, of any denomination, be so ollered, unless thu same shall be payable and paid on demand in gold or silver coin, at the place w here issued, and which shall not le equivalent to specie at the place where offered, and convertible into "old or silver

memorial to. the Legislature, for, the location of a

branch of the United States bank of .Pennsylvania, in

that State. The Courier says "the current of 'public

sentiment seems to be strongly in favor fit", . IrKthe

ower branchot the Legislature, several petitions were

presented on the 22d, and a bill reported in the Senate on

the 36th, all to the same affect. From the present as

pect of affairs in that State, we think it highly probable, notwithstanding, her ultra "democracy," that twelve months move, will find Mississippi enjoying the benefits of one of the "monster V branches. The longest day must have ati end, and so must the greatest humbug. The people will see things in their proper light after a while, whether they be democrats or heretics. Not even the magic words "gold and silver"

pre-

uiHin the spot, at the will of ihe holder, and without de

lay or loss to him: Provided, That nothing herein contained shall be construed to make any tiling but gold or silver a legal tender by any individual or by the United Slates. Approved, April Wlh, 1330. Congress must be called togetfur. . . A CONSERVATIVE.

111

Secondly. To credit as specie all sums deposited thereto the credit of the Treasurer of the United States,

Ami to pay all checks, warrants, or drafts drawn on such deposites in specie, if required by the holder thereof. Thirdly. To give, whenever required by the Secretary. of the Treasury, the necessary facilities for transferring the public funds from place to place, within the United Stntes and the Territories thereof, and for dis(ributing the same in payment of the public creditors,

without charging commissions or claiming auowum.u tin account of difference of exchange' Fourthly. To render to the Government of the United States all theduties and services heretofore required by law to be performed by the late Hank of the United Stales and its several blanches or offices. Sec. 5. And be it further enacted, That no bank shall be selected or continued as a place of deposiie of the public money which shall not redeem its notes and bills on demand in specie; nor shall any bank be selected or continued as aforesaid, which shall, after the fourth of July, in the year one thousand eight hundred and thirty-six, issue or pay out any note or bills of less denomination than live dollars; nor shall the notes or bills of any bank be received in payment of any debt due to Ihe United States which shall", after the said fourth of

J ii V, in the year one thousand eiirht hundred andthirtyi

six, issue uny note or bill of a less denomination than five dollars. Under the resolution of 18 1G, which stands to this moment unreicaled, and by the provisions of the deposite law of 183G,lhe following are the duties of the Secretary of the Treasury: He is bound to adopt such measures as may be deemed necessary, so that "ho duties, tares, debts, or sunis of ftoncy accruing or becoming payable to the United States, chght (0 be collected or received othertcise than in the legal

Important from the coast of Mateo. We learn from tho New Orleans Bulletin oftht 5th, that, on the 12lh of March, United States Sloop of war Natchez, off the llrassos St. Jago, sent a messagw to the Mexican authorities on shore demanding the release of the Ameri

can S.!iOOuer Champion, and threatening, in lint event

ol a non-compliance with lh demands to sei.o the

Mexican armed brig, formeilv the Farmer, then lying

off thu bur. The commandant of the Port refused to

give up the Champion and oriTcrcdtho Natchez to leave

the coast immediately. Ihe Natchez however re

mained till the lOih, and then dispatched a note' to the Mexican armed brig, ordering her to haul down her

colors. This she at lirt refused to do, but tho Natch

ez fned a gun over her, whereupon she immediately

struck. The Mexican fort and ihe armed schooner

Bravo then opened a lire upon the Natchez and ihe Cli

max, winch wascontiuued lor some time, but no injury

was done except by an IV pound shot striking the Cli

max. Tho Natchez remained off the Bur until the

19lh, when, having made anotlier ineffectual demand

for the Champion, she ordered the captured brig to Pensacola with a prize crew on board. Louisville Journal. Presidential pRERoc,ATivE.--Therc is much force in the following remarks of the Baltimore Patriot: The New York Courier remarks with great justness ami force-that i f the present Constitution of the United

States, when first promulgated by the Convention ttiat formed il, had conlianed a cause investing tho E.veeu tivo with the "power to repress speculation and over

trading," and to "regulate the amount, and nature of

the circulating medium ot the United blates,

little hazzard in affirming that the framcrs of such a

cause, would have been treated as base conspirators against free government; and would havo been, 0110 and all, sacrificed to public indignation as tho vilest traitors to the cause of liberty. "And yet, precisely these Prerogatives have been openly asserted by the late, aud are now avowedly ex. crcised by the present, Executive, on the strength of the prccedont left by his predecessor." Nashville Repub

lican.

paraded in staring capitals in the Glolic, can lonj

vent it. ixosliville Republican. From the National Intelligencer. EDITORS' CORRESPONDENCE. New York, Saturday, 3i o'clock . United States Dank Stock is down to 98 !1 This tells the whole story, and when a stock such as that fall.

and is yet falling, the fact is, not only individual cred

it is cone, but bank credit is soninsr. W e have cot at

last to the specie currency. If labor accommodates it

self to it, and it must anon, should "experiments" be

persisted in, labor will got down to its six-pence a day

I am weary of writing you. I dm disgusted with the reiterated bad news every day's events compol me

to tell. The report this morning, of the accuracy of which there docs not seem to be any doubt, that the three banks in Buffalo had closed their doors', one a pet.

an saieiy-iunuers, tnrew me city into a consternation. A slip from the Argus states that, at the request of Mr. Stebbins, bank commissioner, tho Chancellor had issued an injunction for certain violations of their charters

The Argus calls upon the people to .make no sacrifice, on the bills. If such an injunction was necessary, this happens to be the very worst time in the world for such

a necessity. The committee of merchants returned from Wash

ington this morning. You know, without doubt, all

they effected there! Their report will be submitted to

a public meeting probably on Monday. Ihe excitement here is intense. Public feeling is wound up to

the highest pitch of indignation. The merchants know that the measures of the Administration have destroyed them, and now, wheu they are ruined, they soe it turning its back upon thoai. ,1, . . I rani tlu. .Veto York Commercial Advertiser. The annexed beautiful squib is from the Argus. Considering the terrible distress that is racking the country to its very heart, and which has driven the committee of fifieeu to Washington, in the Iiojks we fear the vain hope of obtaining somo measure of relief, the application of Queen Elizabeth's reply must be considered very courteous, gentlemanly, and in particular

good taste :

Mr. I m liuren ami the distress sub-commit tec of fij-

leen.-TUc interview between Mr. Van Burcn and the

sub-committee of "fifty merchants," will probably be

somewhat like that between Queen less and the men

ofConventrv, which was us follows. They address

ed the Qeen thus:

Wc men of Covcntrco Are very glad to see Your cracious majesty, tiood Lord! how fair vou be!

To which her Queenehip replied:

Her gracious majesty Is very glad to see You men of Coventrcc, tiood Lord! what fools you be!

..; TO SEN EX. . :.t , Sir: I address to you the following verses, written

with much haste, & without any especial regard to ac

curacy of, composition; to you, sir, I particularly address them who, possessing in your own person all the

necessary quaiincations lor reiined literary compotsi-. tion, have never descended to the defamatory diatribes

01 the contemptible rniLo Junior, on the one hand, nor

to the. debased and narrow minded .political views of the no less dignified "Junior Editur of the Democrat,'"

ontheolher. As the explication of the following in

volves, considerations of a somewhat important char

acter, I leave to the public to return, should they please

to do so, an appropriate answer. .

ith every i-jcung ol profound respect, I am you rs LRA. ENIGMA. . , Friend Senex, 'tis said that in principles you Are a Whig most attached to the state, . You rank 'inongst the foremost in eloquence too, For I've heard thee in fluent debate. To a man then of talents these lines I address, And who shall pronounce me unwise, For recording thee such as thy talents con uss And approve thee, tho' blockheads despise? An Eaiguia I write and propose unto all Of those patrons who weekly peruse "The Uloomington Post," to the great and the small, To Professors, Collegians and Lluie." My first is to injure you doubtless will say, My second's a primitive metal, My third stands the foremost in battle array, When Mirs our dessentions must Beitle. From a word that implies to encumber, next you Will extract straight the fourth letter D, And thp whole when united will bring to your view What displeases the "brave and the free." A TAVERN SIGN. "What device shall I have upon my sign?' said a gentleman about to open a house of public entertainment, with his bar more fully provided than his parlor or bed rooms. "Put on it the picture of a horn, with yourself crawling out of the little end,' said a bystander.

AUGUST ELECTION.

FOR GOVERNOR David Wallace. LIEUT. GOVERNOR JPaiitl Miillis. FOR CONGRESS Win. Herod. . JAMES 15. RAY.

OBITUARY.

DISTRESS AMONG MANUFACTURERS.

Our enterprising manufacturers, says the Haverhill

Gazette, are compelled to curtail business and dismiss their hands on account of scarcity of money and high interest. We hopu they will begin to see who are their friends, nnd whose party plans arc leading them on to starvation and ruin. President Jackson's 'experiment1 has" stripped the business men of their mean's, till they can no longer employ mechanics, while it has enabled tho capitalists la shave the notes and grind the or at the rale of 2 1 yxr cent jxr annum! LOOK TO IT.

It is with much regret to learn that the stopping of

several factories at Patterson, owing to the pressure ol

the tunes, has thrown 2000 workmen out ol employ in that thriving town. These added to the mechanics and

laborers in this city, placed hors de combat and in a state of destitution, by the Kitchen Cabinet experiments

upon the currency, swell jhc number of victims to about

ten thousand calling for bread and work!

DIED. On the 5th ult. Benjamin Brando.n; at his residence in the State of Ohio, Miami county, aged 75 years. This man gained for himself a name, in the struggle for Amciican Independence, that has followed him to hisgrare with honor His precept and example, for piety, was seldom equalled He stated that he was cheerful, in abiding the summons of death . Com m u n lotted.

Attachment Foreign.

v PAPER FROM BEETS! Among the foreign extracts found in our eastern pa

pers, we find tho following account of an important

The way the "Experiment" Works. A Government Draft in favor of this State, on the Agricultural (depos-

ite) Hank at Natchez, for $125,000, being a portion of the instalment of the surplus revenue coming to this

State, and due 1st of April last, was recently presented to that institution, and protested for want of moans to

meet it. The Planters Dank of this city, has since taken thb draft to its own account, and credited the State with the amount. We understand that at the time the

draft was protested, tho Agricultural Bank held government deposites to a large amount, stated by some to be nearly a million of dollars. The "monster," as our readers have been informed, has since stopped payment. The public funds deposited with it are doubtless, very safe! The plaiuers Bunk, at Natchez, another deposetory of the public money, has also buttoned up its

pocket. It must be confessed the "Experiment works glori

ously ! Ay, Gloriously, for its developements are every day opening the eyes of the people to the quackery of the party in power. Nashville Republican. MISSISSIPPI. "Riddle's Monster." A public meeting was held at Natchez, on the 25th ult. to hear the report of a committee appointed at a previous meeting, to draw up a

discovery: "We learn from Ulm," says the Carlsrhue Gazette, "that tho manufacture of sugar from the .beet root, is

I extending rapidly in that country. A discovery has

just uecn made, which win auu great importance 10

this branch ofcomtnerce. It has leen ascertained, tha,t

paper may be made from the residiuiti of the root, after tho juice has been extracted. Experiments have been tried with success, that we may confidently declare, that beet root will bo ultimately capable of producing excellent paper." Courier.

EDUCATION. We have been' politely furnished by the author, with a copy of a sermon on Education delivered in the methodist Episcopal church at Bloomington la. February

26th 1837, by the Reverend Wm. M. Daily, A. B. of

the Methodist E. church, published at the special request of the congregation. It is written in the peculiar

style of tho author, and he has taken an enlarged view

of tho subject, and treated it with ability. We consider the sermon a credit to the author, to the denomination

of christians to which he bcloncs, and no doubt will

contribute much, to the promotion of the cause ol 1VJucation in our state. Grecnsburgh Repository.

REsrECTFTULLY informs bis fiien Js, and the public cenerallv. that he has opened a

House of Entertainment,

In the town cf T'ooniington, South Main Street, opposite the Court House, where he would be pleased to accommodate all who may favour him with their custom. Bloomingon, Indiana, .Viy 31st, 1037. 28-3W

Uobiso.n M. Farmer,'

VI Jacob A. Cro. '

TlThereas said plaintiff on the 17th of May 1837, su-

T T ed out of the Clerks olfice of the Circuit Court oi" Monroe county, Indiana, a writ of foreign attachment against the goods and chattels, lands und teniments man ics and etfects of said defendant for the sum of fifty one dollars, and whereas said writ has been returnedas levied on the property of said defendant in said county, notice is therefore hereby civen to said Jacob A Croat that

unless he be and appear on the 2d day of. the next term

of said circuit court and answers and defends against said plaintiffs demand, the same will be heard and de

termined in ins absence. test, ,.

J. B. LOWE, Clerk. May 30th, 1837. - 28-3W

The Meaning of Letters. Ths witty Lord C. was, all the world knows, betrothed to Cathorinc Maria Semers. The initials of this lady (C. Pi. S.)'wcro elegantly embossed on a very expensive timepiece which he had presented to her. The lady however; sho saw another swain with more money married him, of course; and Lord C. who vvas at the wedding, beng asked the meaning ofthe thre letters on the ornament.

"Curse My Stupidity." Thnnnl.imhiAfS. C.i Telescope, ofthe 19tKuItimo,

states that cotton has been sold several times during tfce

week as low as four cents the highest about saven and

a half cents. These prices aro occasioned by the dim cully of procuring money to purchaso the article wtth The Sun.

NOTICE.

BY virtue ofanexeoution to me directed from the clerk ofthe Monroe Circuit Court on a judgment obtained in the Probate Court of said, county, against the estate of

William Banister dee'd, and in lavor ot Iteorge Henry; I will rent for the term of seven years, or sell on tho pcemises to the highest bidder on the 24th day of Juno

next, Seminary Jot. No. eeventeen, taken as. the estate, of said dec'd.to satisfy said execution in-favor of said

Henry. ... E. JJL.A1K, Sherry. May 23d,' 1837. 28-3w Administrator's Sale. THEtijj will be sold to the highest bidder, at the late residence of Richard Butcher, dee'd. in Clearcreek township Monroe county, on Saturday the 25th June, tho following property, viz: Horses, Cattlo, Sheep, Hogs, houso hold and kitchen furniture, farming utensils and other articles too tedious to mention. A credit of twelve mouths will be givon on all sums over three dollars; tho purchaser, giving bond with approved security; due attention will be given by

SOLOMON BUTCHER. $ r : . wMi of Richard ISutcher, dee'd. May 29th, 1837. 28-3w

Administrator's Sale.', , . Pursuant to an order of tho Probate ecu rt of Monroe county, InJ., I shall proceed tost-U tp the highest bidder, in Mount Tabor, on the 24th day of June next, the following lots in said town, as the. Teal estate of Alexander Cleaveland, dee'd. viz: Lots No. 45; 46, 47, 48, 50, and 64. A credit of.six mouths will be. given by the purchaser giving note with approved security for the purchase money. Said sale to he between the hours of 10 o'clock A. M. aud 4 V. M. on said day. ' J AMES AUTM4N, JIdn'r. May 11, 18.37. ?7-:t Blank Deeds FOR SALE AT THIS OFFICE .