Indiana American, Volume 3, Number 1, Brookville, Franklin County, 2 January 1835 — Page 2

miles of Ohio, and 2000 miles of Mississippi; t'icse, we think, present equal claims to attention, and I feel it to be my duty to urge them on the attention of Congress. All olher'nvers have been improved except the Wabash, while bills for that river are vetoed or withheld. Now is this necessarj-, is it just, or proper, and do those in power think that my constituents will remain forever silent under sdch circumstanccst I have recently been taught that a system is practised to keep men silent that incline to speak out. When Congress adjourned last summer, I addressed a circular to my constituents, informing them what had been done for their benefit, and how much was left Undone, hut said nothing flattering of the treatment the Wabash hill had met with, and concluded by advising the people to correct these wrongs through the ballot box. After the publication of my circular, the Globe, a newspaper published "in this city.de-

voted three or four of its long columns to abusine me, because I had dared to address niv constituents. But I do not fell injured by the attack of the lIobe: the writer in that paper must estabiisn a cnaracier lor rrutn and vera city among the people of Indiana before he need expect his word to be taken against one that they have known long, and know well. The writer of the article in the Globe has mistaken his man ; the press, nor no other power that can be brought to bear upon me, can intimidate or keep me silent while the interest of Indiana is at stake; and in this case of an appropriation to improve the Wabash river, I contend that justice has not been done her. I do not intend, Mr. President, to charge the Chief Magistrate with intentional injustice, but only to say, that he has acted under a mistaken apprehension of the facts, which has worked injustice to my constituents. A President, or any other public officer, is but a transient being, here to day, gone tomorrow; but the principles of justice on which our Government should be administered are immutable, and will endure in all time to come. Every public man owes a heavy responsibility to his constituents, and I would have felt unworthy the confidence reposed in me, if I had remained silenton a subject so deeply interesting to those that I, in part,have the honor to represent here. The term of service of our present Chief Magistrate is drawing to a close. What he has done, he has done. It will go down to posterity, and form his political character; and God knows I would not, if I could, strip a laurel from his brow. But this subject of improving our rivers cannot rest here; the people should take that matter into their own hands, and in selecting a successor to the pres ent Chief Magistrate, btfore ihy cost their coles, ascertain whether he is for or against in ternal improvement No, sir, that is too broad a term; it can be construed to mean any thing or nothing, or explained away. The voters should ascertain whether candidates are for or against improving our rivers, and no one holding the opposite doctrine need expect one-fourth of the votes in the vallev of the Mississippi. 1 - 1 1 J ' , . , i nope ine iesoiuuont.ana ine one lor establishinglhe portof entrv at Lafavette, will be adopted, and that both Congress and the t)a.et,l.iit will ...C vjcneral G overnmeni saoum aiu in improving me navigation of the Wabash; for I am unwilling to believe, without more evidence than is now before me, that there is a disposition in either to prevent it. Mr. Webster asked for the reading of the resolution; which having been read. Mr. Webster said he had asked for the reading of the resolution, because he had not understood whether the subject matter under consideration was, as it then appeared to he. simply an appropriation to improve the navigation of the river Wabash,or whether it was the other resolution submited by the gentleman from. Indiana, (Sir. Tipton.) instructing tbe Committee on Commerce to inquire into the expediency of establishing a port of entry on that river. That other resolution was for the purpose of doing away, as he understood, the constitutional objections to an appropriation for the improvement contemplated. If the last named resolution had been calledup.it was his intention to say some - il I J - I - . thing on the subject. Whether it be constitutional for Congress to make an improvement on a particular river, or whether, in order to make that improvement constitutional, a port of entry must first be established on the river. was a subject on which he should take the liberty to express his views at a proper lime. With regard to the resolution under consideration, he had no objection to its adoption. He had no more doubt of the right of Congress to improve the navigation of the Wabash, than to appropriate money for the Delaware Breakwater,for the improvement of Boston haibor. to erect fortifications, to improve a harbor in Lake Erie, or to build a lighthouse at the mouth of the Balize. He thought so at the last session of Congress, and thought so still. If the honorable gentleman thought Congress had better pass another law to make the improvement he had in view, he would oiot ob ject to the measure; but he had no hopes of me passage ot another law on the subject, with better success than the one of the last year, until there was more unanimity in the public councils. When the other resolution came up for consideration, he should take the liberty to express his views fully in relation to it. The resolution was then adopted without a division. Sharp Penetration "You don't love me, I know you don't," said a young married lady g married lady to her husband. "I give you credit, my dear, reply. wie consoling

prm.rc IMICFJIEIVTS.

UP.POKT ON' THE BANK MrATYi-Kit, in behalf of th Committee of Finance, yesterday presented to the Senate a Report on the subject of the Bank of the United States. It was read at the Clerk's table, chiefly by Mr. Tvlcr, and occupied, in the reading, nearly three hours. It will be found to he a highly interesting paper, and we shall seize the earliest opportunity to display it in ourcrhuiiiis. V Meanwhile, having listened to the reading, of the keport, we anticipate the reader s persual of the whole of it bva brief sketch of its contents as they struck our ears. The Committee of Finance, it will be remembered, were instructed to sit during the recess for the purpose of examining into -the condition of the Bank.Forthis purpose, they repaired to Philadelphia on the 13th of September, and proceeded forthwith to perfoai the duty w ith'whiclfthey were charged. In pursuit of their object, the report suvs, every facility was aflTordedlo them by the officers of the Institution. No hesitation or reluctance was manifested jo finish any book or paper which they wished to examine. Every ivenue oi information was thrown wide open to thcm; a:id. ifthcre be any defector fiiiure in tin; developments which the Committee present, it nvist be considered the fault of the Committee alone. The inquiries of (he Com mittee were not prosecuted back further than the year loJ-J, when the celebrated Renorl ot a Committee was made in tw limir of Representatives, and acted upon by that bo dy. This action by the House seemed to preclude reinvestigation of transactions ante rior to that date, and the Committee confined K i r. i ii gainst the management of the Bank which have been subsequent! made. I he first charga into which the Committee inquired was that ofviol.itions of the charter and other abuses in the constitution and func tions oi thi Exrhmgc Commltl"e. To this charge they felt it to be the dutyof the Com mittee to pay more attention, because it was form illy enrolled in the Report of the Secre tary of the Treasury, Mr. Taxev. among his reasons for removing the deposites of public moneys from (he Bank. Proceeding thus from a high officer of the Government, the Committee considered this charge to demand the fullest investigation. They examined it accordingly. and took testimony of the Gov ernment Directors, as well as Officers of the bank, as to the rise, progress, and operations of this Committee. In the whole matter the Committee discovered any thing hut cause for censure ottne government of the Bank, rrm chiding, on the contrary, that the operations of the Exchange Committee have been leg.rl, aavar.taous to the liank, and convenient to the Public. The next allegation against the Bank which the committee examined was that of the snbtitution of Branch drafts for the notes of the. Bank; in regard to which charge also the committee acquit the Bank of all censure. Tiie next charge which the examine is that whi h touches the payment of the three prr cent. s.Vi. which the commit tee pvaii.Inerl with .-. greatest care, because ofitshavinrr been solemnly preferred by the President of the United States, in his published address to his cabinet on the occasion of Ins avowing his determination to remove the deposites, as a violation of the charter, &c. The committee were equally unsuccessful, in this branch of their investigation, in detecting any violation of the charter, or dereliction of duty on the part of the Bank. The next point investigated by the committee was the safety ff the'public money n the B ink, and the general solvency of the institution. In the course of their examination on this point, the committee make the following statement of the actual liabilities and resoui cesof the Bank, which, as it may be of use to both our mercantile and our political readers, we have with some care transcribed at large: LIABILITIES OX NOVEMBER Ut, 1SS4. Notes in circuhtion, lo,C6S,??l 90 iA?losite to the credit of tha Treasury, 429,45o07 ruoiic orncers, Private Deposites, Capital Stock, 1,S:VT,169 G6 6,741,752 24 5,000, COO 00 Total liabilities of the Bank 1st November, 1SS4, 59,977,11767 RESOURCES. To meet the above, the Bank has the following resources, viz: Discout.ts, 24,667,82824 Mortgages, F7.591 29 Domestic U:IIs, 1 1 ,CR6,?,73 07 Foreign Hills, 2,727 ,7j2 11 Keal estate, 3,024,788 45 Due from State Banka, 427,102 69 specie, 15,910,045 31 Total of resources. Showing a surplus of resources over 1 labilities of b7,931,511 t6 7.954.R93 49 By referring totha docum?nts it will be seen that last July, th3 total of the ascertained and estimated losses were set down at C.CC5.315 71 V,z: On banking houses 303,?59 64 On other real estate 150,20 94 On suspended debt 1,744,427 13 uesperaie deirts and losses on real estate alrea- , dy charged 3,806,707 SO a . , 6,005,31571 And that the surplus funds of the bank provided to coverits losses, are lyontmgent lunu tocover lossss 5,901,955 71 r unu lorexiinguisning tne cost of bank ing houses 976,019 59 unappropriated oainnceot profit and loss accounl 3,166,670 71 Total amount of surplus fund Deduct estmute of looses 10,044,646 17 6,0C5,315 Excess in favor of the Bank 4,0a9,3;?0 40 After making this very satisfactory statement of the affairs of the Bank, advantage to

the manner in which its credit had been asi sailed, and by the Government, too, (the lar gest partner in the Bank,) the committee says; that it is in the highest degree questionable whether any other institution could have withstood such a systematic assault,' much less have prospered under it. The result of which, as evinced by the above statement, only shews (the committee say) how deep-rooted 'was the public confidence in the solvency of the institution; and how high the opinion entertained of the ability with which its aflairs have

The Re trcal nt j irle ' , ' , ' V .i oeeu administered. next proceedstotakeup.and each of the other particular points on which the conduct of thc'Bank has it any time, or from any respectable ouarter. been implicated giving amnle testimony on each case, to sustain the conclusions nt which the committee had arrived. These points were too numerous to be stated in detail from memory, but we may enumerate as the most paramount, the following: I he case of the protested French bit! of change, in which the course adopted by the uaniv 10 i.nng tne question before a judicial, tribunal, for a fair and leal dprisinn. ic . proved and sustained by the committee: :i the just right of the Bank to damages on the bill in Question. The allegation against the Bank of having mutipfird its Branches for the purpose of in fluencing puhiic sentiment: Shewing, from authentic documents, that the Bank had established Branches only where the business ofthecommunity had justified it: that in many of these cases, the influence of the highest public characters had been disregarded for years where the creation of Branches had been urged especially in the case of Nash ville and thirty or forty cases, we should think, in various States, are particularized, in which the establishment of Branches has been refused to the present day, though pressed by great numbers of the most respectable citizens, because the business of those places did not warrant them; and, from the facts exhib ited the Report expresses the opinion that, so tar trom establishing Branches where they wvriu iiui nt-cucu i me commerce oi the community, if the Bank had yielded to the urgent solicitations irom every quarter, it would have established them ad infinitum. The charge of lending monry to M.-mbcrs of congress, anu otner public men, lor political purposes, which it shows to be unsustained bvany evidence, and wholly futile. Lwns to Ea'itors, in which it give; a mass of detail, shewing the groundlessness of much of the slang of the day on that subject. There are many other points of a minor character, occupying a large space in the report, on most of which the conduct of the Bank is shewn to have been perfectly correct, and some in which it is disapproved. The reading of the Report having been finished, Mr. Tyler moved that it be printed; when Mr. Bexton rose, and, with much vehemence, and at considerable length, controverted the correctness of some of its statements, w hich he pronounced false. Mr. Tyler replied, and averred, in the most solemn manner, the truth of every title oi me ivepori; aii tne statements of which. he said, were founded on documents (submitted wun me Keport,) which couid not lie. Having thus briefly run our hand over the keys of the report, it may be proper to state, in conclusion, that it is understood that the investigation into the affairs of the Bank was mainly conducted by Messrs. Tyler and Mangum, with the occasional attendance and and aid of the other members of the commit tee. 1 he two ccntlemen whom w have named have, we believe, given the greater part of their time, since the last adjournment of Congress, to this important subject. The ieport,we understand, was drawn up by Mr. Tyler JV. Int. Dec. 19. Pcbmc Lands. Mr. Clay has renewed his bill to divide the proceeds of the public lands with what view.let plain facts declare. The Secretary of the Treasury estimates the revenue for the year 1835 at 20 millions of dollars, and the expenditures at 19,683,000. Here is a difference of only $317,000; so that if the proceeds of the lands are deduc ted, winch are counted at 3 and a half mill ions in the above estimate of 20 millions.there .i-ill Ksv .3 r. "a r O CAA AAA nnrii ciucucil OI SjO,OUU,UUU. HOW IS that to be made up? Undoubtedly by cus torn-house duties; so that this land bill, for abducting 3 millions, may be considered as me nrst step towards breaking.the compromise hill,and renewing again all the distraction of the tarilTquestion. Globe. Rtse axd fall of Great Men. Abraham Cann, the champion wrestler of England, is now engaged to deliver tickets at the halfpenn gaieaiaconenouse-briclge. In the same town, some years ago, Louis Phillippe de Bourbon, an emigrant, published a syllabus of a course of lectures which he proposed to give ro a nmircd number ol subscribers this Louis Phillippe is now King of the Fiench. Fire in Springfield. A destructive fire occured in Springfield, Clark county, O. on 1 hursday morning last, at about one o'clock. a. ai. wmcn consumed the large building, owned by Maddox Fisher, occupied as a flour mill and domestic cloth factory, carding machine, &c. The loss is estimated at from four to six thousand. The Lfgislarure,t will be seen, are getting along with business as fast as could well be expected. The house has settled the outlines of a loan for internal improvement purposes by a vote that augurs well for the ultimate adjustment of the details of a bill to carry the measure into operation.

1VEWS OF THE WEEK.

Indianapolis, Dec. 22d, 1834. Dear Sir, in compliance with my promise 2 send you the following. Legislation contin ues to dragon heavily, but little business of a general nature has been before the house the time has been consumed in unimportant matters, and bills of a local nature. Mr. Vawter's Resolution, coming up some days ago in committee of the whole house, elicited some debate, in which the White-water mem bers took the lead, in opposition to the State going into partnership with internal improvement. Mr. Marshall and others took the floor in support, of the measure. Messrs. Ray, Conwell, Crume, and Smith, addressed the house, Mr. Crume made some pointed and appropriate remarks worthy of the cause in which lie was engaged. Mr. Smith spoke about an hour, in an able and eloquent manner, in wiucti he not only illustrated the advanta ges in the stale undertaking all works of an important character, over that by companies, but the benefits of internal improvement byCanals, and the advantages possessed by a county improved by canals, over those which are destitute, proving, by comparison, that those states which have expended millions? ire in a more nourishing condition than those in which no improvement had hppn mndn. Indeed nothing is more deducible than the fact, that to bring into existence the wealth of a country you must devclope the agricultural resources. This can only be done by affording steady markets, and opening an easy facility to them. The Resolution was finally referred to a select committee, with instructions to enquire into the expediency of borrowing 1,500.000 for works of internal improvement. The Bill known bytheRoling Penitentiary Bill, introducing by Mr. McDugalan committee of the whole,aflbrded fine amusement. The project is to trundle the convicts about in cages, run on wheels, to work and mend mud-holes on roads a projoct too ridiculous for serious legislation; but such matter now and then serves as a kind of spice to relax the mind from those weighty matters that necessarily occupy the House." A Resolution was brought before the House some days ago to change the Probate business to the Circuit Court; it was amended to a Probate Circuit system, its fate ;S undecided and uncertain. The Report of the Canal Commissioners is expected nexMondav. The estimated cost of the White-water Canal is $1441,000, with hewn stone for the locks. The water Dower will be sufTirJAnf in rm. 55flfi pair of4 feet mill stones. -this alone would he of immense value to the people. It is estimated mat me transportation on the Canal when finished, will double the Miami Canal to Dayton. This is a short outline of some of the leading features of what the report will be. The prospects for White-water are far from discouraging, the State once embarked, and her energies are equal to the task, of all the needed works of which she is susceptible. Yours, in haste. Watchman. A New Bank. We infer from an article in a late number of the Richmond Compiler, uiai me project oi a national bank has been submitted to the President and met with his approval. It is stated that the crntemnlated bank is to be one of deposite alone, it is to consist of 36,000,000, to be- divided among the States according to the ratio of electoral votes, each state furnishing one-fourth of its share in coin. It is to be under the rnntrnl of a board of currency, who are to sit annually at Washington, five of their number beinc i 1 1-1 1 , . . . o appointed uv me rresiaent, and each state sending one. Bills to be issued from 10 to $1000. Mr. Teakcle, of Maryland is said to oe me autnor ot tnis project. Bickndl. A Pretty considerable rove. Wn saw n mil of ntye loaded upon a four wheeled truck, at one or our wnarves the other day, which was hdoui six leet in diameter, seven and a half leet high, and weighed 3500 lbs. It was manufactured at Poushkeensie.X. Y. and was in tended for one of the inclined planes of the Portage Rail Road. We COIlId tint lifln thinking this would make an excellent line to nsh lor Leviathans and Sea Serpents. It might serve the purpose the old fishermen de scribed in the following lines: His rod, it was a knarled oak, His line a cable that in storm ne'er broke. His hook he baited with a dragon's tail, And sat upon a rock and boVd for whala. Phila. Com. Hcaald Turn out op Potters The hands employed at the extensive manufactories of Enoch Wood and Sons, at Burslcm. struck work last Monday morning, in consequence of a dispute respecting wages. Some hundreds of them assembled, and walked in procession through this town to Lane-End; on Tuesday, they again assembled, and went to Tunstall. Before dispersing they sung the Doxology. We are told that Messrs. Wood offer the rate of wages paid prior to Martinmas, 1833, while the operatives contend for the Union prices then agreed upon. The dispute arising so close upon the general hiring time for the whole district is regarded with much interest. From Jamaica The arrival of the Orbit Capt. Mead, brings our advices down to the I4th November. The accounts are very diffuse, but their substance is easily givenThe negroes every where manifest a spirit of insubordination, and refuse to labor under the system of apprenticeship established by the British Parliament. In consequence, the plantations are suffered to go to waste, and the sugar crop, notwithstanding the excellence of the season,

t will be miserably deficient. The blacks !.

pretend to labor are represented as wretcb edly deficient in energy and good wi)l-! Demcrara, the same spirit prevailed, but if manifestation was much more open and f midable. An insurrection had been ' n; eicu, auu n.i.i)?ii uuioi one tlionsanii V Itlt'Ua 'The end One only was sentenced to death I is not vet-' E. K. Jvcry. Our readers will rememW the report in circulation a few days since that this mm had made a full and unequivocal confession of the murder of Sarah Maria Cor nell. The Providence Journalof TlniHay last, a paper almost - on the spot, in a'lludinl to this vague, and in all probability total!, unfounded rumor, makes the following obser. vations:'Had surh a confession been'mndp it would have been proclaimed in all djrect" ions yet we hear nothing of it except through the Republican. The probability is that the information is erroneous." Hard Labor conducive to Hcal.h end on, Life A young man at the age of 18 years in 1724, was condemned to the gallics. in France, on account of a high crime, for the long period of one hundred years, which w probably intended by the judge to confine him life. Remarkable as it may appear in 1821, the man being in pefect health, after'an unremitting series of hardships of one entire century, was discharged, being exactly H) years old. On visiting Lyons, he laid claim to an estate which belonged to his familv. M. Bcrtholm, the possessor, who considered hii title undoubted, by the advice of his own lawyer, paid the old heir 4,500 to settle the busmess, and free his property from embarrass. mcnt. scientific Iracts. Uncommon Occurrence. An old well was recently opened in New York for the purpose of placing in it a suction pipe. Belore any attempt was made to descend, light was brought morder, by letting it down, to ascertain whether the air was fit for respiration. The moment the liht was held over the well an instantaneous combustion took place, emitting a light blue flame, ac companied with intense heat, and iarrine tne ground and buildings lor some rods around. Two men who were standing at the top of the well were considerably scorched and blistered. FROM FRANCE. The news from France is interesting. It announces that the Legislative Chamber) had been summoned by the King to assemble on the 1st of December, which is ncarlj a month earlier than the daj to which they stood adjourned. As the President's Message cannot have reached Paris until some three or four weeks after the meeting of the Chambers, it is not beyond hope that the appropriation to fulfil the treaty with the United Slates will have been made before the arrival of the Message. The character of the new Ministry may be presumed to favor such a hope, as some of its member, we have rea son to believe, are warm friends cl our crun (ry. Oeneral Bernard's good feelings wf can count upon without hesitation; and M de Bresson, the new Minister of Foreign A fairs, not only resided a considerable time v; the United States, but connected himself 1 marriage with one of our most respected fan! 1 A 1 1 Hies, as we nave already nad occasion io intimate, however, these gentlemen will not be therefore at all less zealous Frenchmen, in case of serious collision between the United Slates and France. It is stated that the earlier assembling of the Chambers was yielded by the King to the urgent solicitations of our Minister Mr. Livingston. We should not be surprised to find that Mr. L. had received a private intimation of the menacing language which the Message would hold towards France, and therefore, as the only chance ofobtaining payment, exerted himself to procure an earlier convocation of the Chambers, in the hope of getting the appropriation passed beforethe arrival of the Message should postpone, if not totally defeat, the measure. Should Mr. I-rr-ixgston have succeeded, as we most ardently hope he may, he will have added, to his title to public respect for the good he hasdone,an unquestionable claim to the gratitude of hi country for the evils which he will have averted from it Wat. Int. Dec. 20. We read with great regret the following annunciation of the determination of MrSilsbee, of Massachusetts, to decline being a candidate for re-election to the Senate of the United States, by which that State will I!f the services of a most useful and faithful public servant: FROM THE ESSEX REGISTER Hon. Nathaniel Silsbee. We have 'seen a letter from Mr. Sitsrck ina frlpnd in thi town, in which he declines being considered candidate for re-election to the seat which he now occupies in the Senate of the U. States; and exoresses hisini from rubA va isjfcia - B lie life at the rlnep nrKA Congress. Mr. Silsbee was elected a member of trej House in 181C, and has served in that branc h; and the Senate for the long period of cis"' teen years, with a fidelity, integrity, and uie-J fulness, which ntitfo him to the warmt praises of his constituents. A wild turkey was lately shot from off the: nri . r,i , . a : t : ineaire, on iniru street, in uincmnau. M r. Clay Viand bill has been twice readK Senate and made the order of tbe dajm the Senate the 30th ult. Six stores were on the 18th ult. destroys

by fire in the town of New Bed ford, Mass.