Indiana American, Volume 5, Number 41, Brookville, Franklin County, 20 October 1837 — Page 1

HAA AMIS

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TEilMS OF THE AM ERICA V. J.'in advance $i,5'J in six months; or $.1,00 at tQjexyirai uii 01 me year, i he Editor will die ciatinue subscription at his option. Advertisements Twelve linos, or less, will bo inserted once or three times, for one dollar, and 25 anu win ue cnarjed lor each additional insertion THE TIMES. SPEECH OF MR. SMITH, OF INDIANA, y.t trie &io-1 reosury system. Delivered in the senate oj me united Slates, September 21, 1S37 The bill providing for the collection and custocy ol tiie pnmtc revenue, together with the amend ment offered thereto by Mr. Calhoun, being under consideration, Mr. Ue.nton Lavmr kid Lis amendment on tue taole i't. smith, or Indiana, bein entitled to the lijor, rose ana sud: Miner me, Mr. i'resident, to make to the Senate my acknowledgements for iu kindness in adjourn ing oer last evening upon my motion. At that tune l was too mucli indisposed to proceed; and, in return for the indulgence of tha Senate, I can only pro:n-se you that I will detain it no longer than may become necessary to enable me to submit, in as brief & manner as possible, some tho'ts on this important subject. Sir, in this my first attempt to address this ail gust oocy, ot wmcu I have but recently had the donor to become a member, I am not unaporized of the delicacy of my situation, surrounded by old, able, and experienced Senators, who have grown gray in the service of the country, in this and the u:ufr unuy-nisniowhom the people have justly ioomju u.r uucinnes ot constitutional liberty. It Woinu almost seem presumptuous in me to throw KiyselC into this debate; nor could I be persuaded to do so, to their entire exclusion, unless under a paramount Eense of duty to my State. The country, however, will lose nothing from that source, as I understand that the subject now before the senate is one which will undergo a full and ample discussion on the part of those distinguished Senators to whom the country is looking for information as to the best course to be pursued, not ouiy on the part of the Government, but on the part of the people; and whila it is to be hoped that most of them will respond to the call of the Senator from South Carolina, Mr. Calhoun. I am still uisoseJ to ask your indulgence to the expression of my own opinions on a Buuject on which tio views of even such men are bo opposite am! si various. Sir this is a subject of great importance to the interests or the country, and one that has caused gre.it snxiety in the public mind. It is therefore highly important that the whole matter should be lnJ cleariy and fully before the people, that they n:y have an opportunity of judging for themselves co the merits of the propositions made here, both in favor of and against the views of the Executi ve. lor my own pari, it is sufficient for me to say that if I know my own heait, I came to this body with a sincere desire to co-operate with the Executive liotf:;;nent in any measures which may benefit the people or restore the national prosperity; and towards the individual now in the executive chair, ar.il the other officers of the government, I hive none other than the kindest feelings. .But in re.ation to mcasurc9 nronosed for the benefit of tue people, 1 hdid myself at liberty to examine tbj;n fully and freely, without being controlled by hose trammels which have been too often used to force men to act contrary to their convictions. " hen I took my seat in thi9 body, it was with a fuil determination to examine carefully for myself lue varioug propositions that might be presented, and to decide upon them according to their merits, fc'f, we were called on to aid the Uovernment, because it is obstructed in the exerciee of its ordinary powers. And when we were told that the Government required our aid, that it was embarrassed for want or money, and that it was neces"ry for Congress to grant it supplies to aid in the course of its ordinary operations, I did not hesitate, nor did I even examine very closely the propositions in rclationlo to the means of those supplies; but, knowing that they came from the committee on Finance, founded on tne estimates of the Secretary of the Treasury, without any hesitation I toted for the bill authorithe issue of Treasury notes. I preferred the bill as it vtg, without striking out the provision or interest on the notes. I was not willing to resort to a temporary expedient, such as issuing notes without interest, which, as heretofore, could wrve only to delude the people, and end in disappointment, without any practical benefit. The next bill in order was the one to postpone the fourth instalment of the deposites without the States. It may not bo strictly in order, but, as great latitude has been given to the debate, I beg ve nere to ei?e my reasons wuy I could not Tote for that bill: and one of tha strongest, in inv mind, was this: tht the Ravernmcnt of the Uni ted States, through the medium of an act of Congress, had raised expectations, on the part of the "Hates, which it ought not to disappoint. The states had prepared to receive the moneyj they accepted the proposition of the Government, pro ceeded to legislate on the subject, and many of iue states appropriated tho whole fund; some to tbeir works of internal improvement; some in one " . ana some in another, benehcisl to the peoine states relied with lull confidence on tie receipt of the money; they had a right so to Kly; and, although the facts may not strictly amount to a legal contract between tho parties, it J certainly so nearly allied to one, that it woul l I te doing the srreatest iniucticc to tho States and PA.riV. . . . - . . . I r'"i're m cisapnoint their lust expectations, py I Will I,n1.::. .. . . I llie instalment. i -Virai:;.- it wn a.'mittp.l hw tKn rlminnnn nf the I Committee on Finance that, if the instalment was retained, bcir" in nsner. it could not be made available in aid of the necessities ot the Treasury, us tiie ttovprnnwnt n nni.i nr m. nmnr. anil 'p would still have to authorize an issue of Treasury otes.and a loan of at least S10.000.000. Why. then, withhold it from the States, who are willinsr to receive it in the verv funds the Government 'W-cir; and in msnv instances can accommodate iue matter with their own deposite banks, benehcially to the Governmen;, the Banks, and the Hut, viewing it as a question of inconvenience ueiween the Government and the States, how s'.anus the case! It would certainly be much less inconvenient to the Government to add the amount ofthe instalment to the amount of the loan sue is compelled to make, at all events, than it would be to the Stales to lose thu benefit of the uuiiey al tni8 tjlne These, sir. are dome of the j fne Ut induced me to vote against that bill, (bought it but iuetice to mrself to state them, as silent vote on that occasion. narc. been summed to hear thss rreaf

KVIIUfAiT I A DIANA, FRIDAY,"

betJween8trhe " U Were estiou oeiween the Government on the one tide and tl. body Tm f d brk,8 ? U'e Ul,'er- if t." great matter ' n PepIe,had n or interest in the matter. D0 gentlemen really suppose that tC 1. : . . . ti J i i . y "ol KnfUV "'at for every c the banks and rmroi.ni, 1 thHm -.. "T. "A" l"e People owe r ,,ucn! uo u,ey nt know that vou out n OX'"683 tLB baUks and ll'e merchant., without producing- a corresponding pressure on their debtors, the people! Will not "the importing n chant cal upon their debtors, the retail merchants! 1 he retail merchants are involved; but are thev n e" wi.i m ithey P l lheir debtors- People, u.th their demand augmented by their profits on the goods. The whole, sir, fall, on the consumer. In this way the disasters of all class? ess in the country are necessarily identified. Sir you cannot opprese the banks or the merchants! unless you by the same measures embarrass their customer, the people. If you put vour iron hand on them, thev rpsnri ti. j .. ... , j'cuhic, unu on me people ultimately the evil must fall. It is not the lact, that this is a controversy betwoen tha tin. eminent, and the banks'and im.iortincr mProt,nnfa It is a question involving the interests and prosperity of the entire country; and, sir, I am glad it when the ereat interest, nf tl.V i " "lu. 2 "u 'j u"j occ uic nine

be bo BpnirafP n.f . r i """ t" ' "uccseary 10 repuuiate tue meathat Govoe so separated that one. may fall without the oth- eminent should aid in reculatin the cur.-Prv

ers. I hev are all imharirpri ;., ii, i . , - " oiiua ii a l i u I i a I vessel; bound to the same nort: nnA on should bo paid to them all. It u admitted on all hands, that. MirniiTl.r.iif country, from one end to the other, confidence is destroyed, "iet it is said, truly, that we possess all the elements of prosperity, which only require to be put in action. But, sir, look at the state i our exenangea. Uold and silver at Nashville, commands eighteen per cent, premium; United states Bank notes are bought ur hv hrir. .t twelve and a half per cent., to be sold by them at fifteen; Ohio, Indiana, and Kentucky eight to ten per cent, premium. Such is the state of the money market there, as stated in the Naehviue uanner; and so it is all over the country at a premium at one place and at a di Sir.it is impossible for the farmer, the mechanic', the merchant, or any other individual, to bnoJ what to do; 6Uch and so ffreat is UimlMimKiinn r puonc commence and the derangement of the currency and exchanges. But we are told from very high authority that the Govern do with the exchanges; that the merchants must manage them themselves, or that other means must be provided tbaa those of Government. If.bythis doctrine, I am to understand that Government has no power to fix the rale of exchanees. I admit ita correctness. But if the Executive means to say that Government has no power to aid in the application of the appropriate remedy for the derang-ed and obstructed exchanges of the country; I wholly disagree with him. Sir.it is an after-thought, to answer a particular occasioa It is an opinion never advanced before by any statesman. Such, sir, was not the opinion of President Jackson, or his advisers, at any time of his administration. It will be recollected that, during the time or the bank war, when the power of the Executive Government was arrayed against the Bank of the united Mates, it was declared that one of the im portant functions of the bank due to the interests! of the people, was. to regulate the exchanges; and therefore it was contended that it ought to be con-! tinucd as the Government agent. On the opposite side, it was contended that the local banks. tht State banks, the Government deposite banks, would regulate the exchanges with as much advantage to the people of tie United States as the United States Bank. And yet, it never was contended that the power of the Government in its fiscal operations, could not be constitutionally directed, so as to regulate the exchanges of the country. Allow me, sir, to read an extract from President Jackson himself, in which the regulation of the exchanges was considered an important part of the duties of the nscai agent ot tue Government of the United States. The President; considering the matter of so much importance, uses the following language, for the purpose of satisfying the American people that the local banks, while they would perform eouall well the ordinary dutiesofthe Bank of the United States, would also perlorni the same office equally well, in regulating the exchanges of the country. He says; Experience continues to realize the expecta tions entertained, as to the capacity of the Stale banks to perform the duties of fiscal agents for the Government At the timo of the removal of the depositee, it was alleged by the advocates of the UifiK oi tue united States, that the State banks. whatever might be the regulations of the Treasury Department, could not make the transfers required by the Government, or negotiate the domestic mchange ot the country. It is now well ascertained that the real domestic exchanges, performed through discounts oy tne u. a. u a nk and its twenty-five branches, were, at least one third less than those of the deposite banks for on equal period of time; anu ii a comparison Do instituted between the amount of service rendered by these institutions, on the broader basis which has been used by tho ad vocates of the U. S. Bank in estimating what thev consider tho domestic exchanges transacted by it, tne rceuu win be still more favorable to tho do posite banks." Jlessage 1836. Does any one suppose that President Jackson and his cabinet would have thought it eo important to satisfy the public mind of the ability of the de posite banks, as fiscal agents or the Government to regulate and assist in procuring a wholesome tate of the domestic exchanges, if, m truth and in fact, the Government had no constitutional right to act in the matter.' t . r . t . 1 . i opptars, sir, irom a paper now oeiore me, iaai .1 .. r .T - v- tl ou.u oieu nci? uiB iivhi ui iur, won uuicu, ae cxcrcssed in hit letter to Sherrod Y llliams read this, sir for the purposo of showing that this iucr of denying to the Government through its fas cal ngents the power to aid in the regulation of the exr lianffes. is an after thoncbt to answer, as 1 said before, a particular purpose. Mr. Van Buren in the letter referred to, says. "The principal grounds relied upon for a bank to establish its utility and necessity, as I understand them are. 1st. That 6uoli an institution is necessary for the transmission and safe-keeping of the public uoi ueys; 5M. To secure a safe, cheap, and convenient sys tern of domestic exchange; and 3d. To make and preserve a sound currency The ofiiciat reports of the Secretary of the Trca siiry Bhow. first, that the averace amount of money annually transferred by the .Bank of the United States, from 1821) to 1S23, was from ten to fifteen millions of dollatr; and tho amount, transferred by deposite banks from June 1835, to April lS3G,or about ten months, over seventeen millions of dollars; la both cases, the operation has been without I06s, failure, or expense. In recrard to domtstic

OUR COUNTRYOUR country'

INTEREST AND OUR ch-tge; the following facts are also established bv the same authentic source, viz.- That the amount ot domestic exchanges, performed at the last returns by thfl depositc banks, exceeded thirty-iive millions ot collars; and at no return, for oiany months, has .- i,u iweiuy-nve millions; which, at an average ofthirty millions at each return, would be in a year, one hundred and eighty millions, if each bill of exchange run on an average of sixty days " Aow, sir, do not gentlemen see the vast amount of the currency of the country operating as a circuj ..g uieuiutn, wuicli assumas the character of bills of exchange; and do they not see the fatal consequences of the business and prosperity of the country, resulting from tho derangement of this part ot tho medium of circulation, and the vast importance of regulating it by the liscal a-rent of the Government, as no other power can do it! Sir it appears conclusive to my mind, that when Mr! Van Uuren was canvassing for the presidency he did not pretend that the Government had not the power to aid in the regulation of the currency and the exchanges. I think, sir, I have sustained the famuli, cieany, uiai such was not the opinion ol the late Executive, and that such was not tho view of Mr. Van Uuren when he was canvassing for the Presidency. Uut now, in order to sustain the divorco bill, which withd raws t!m nt nf X'" "s currency andexehanexchanges, and to show that she has no power over this matter. Again, sir: we hear from different quarters -I know not whence it originates Uut lion r rh cry of "Propose your questions: bring forward your counter-propositions, if you are opposed to those of tho administration; this is a contest between the aristocracy of wealth and the democracy of numbers." Sir, I know not what the aristocracy is like, or of what it is composed. There may be such a thing in some of the older States, but it is unknown in the State from which I come. There, all are on an equality; or, rather, there is but one line of distinction between them; and that Is tho line which divides vice from' virtue, honesty from villany; every man stands on his own merits, without regard to those lactitious and invidious distinctions. But, even if such a line existed, arc we to array ono olaes of citizens against another to excite envy and enmity on the one part, and contempt and hatred on the other! No, sir; under this Government all are on tho same platform of equality, uninfluenced by artificial distinctions not founded on personal merit, and stimulated by the glorious consideration that the door to the highest offices within the gift of the people h alike open to all. Sir, na to (he embarrassments of the country the great and menacing crisis at which we have arrived I have but a few words to offer. We must be guided mainly by the iiL'ht ot experience in providing a remedy. Again and again has it been ascribed to the same cause of overtrading, speculation, expansion of bank paper, ct calera. The people, it is said, have become consumers, and not producers. No doubt, these arc some of the immediate causes of the evils complained of. iiut I nave my own views on this sul'ject; made up, (not here, for I have been eight years from the Capitol, but) at home, with tho people; and I think I know their views: they are founded oa plain common sense. It is aid there has been great overtrading, too much speculation, too much bank paper. Sir, 1 admit the fact; but standing here as 1 do, I feel it due to myself, to my Stale, and to gentlemen here, that 1 should not withhold my more particular views on this subject not tor the purpose of criminating others, or ol disuniting us; this would do no good; we ought as tar as possible, only to recur to the past to guide us in future, and to unite in attaining the great object of the session. 1 will not say, therefore, that this, that, or the other measure was wrong, for the purpose ot censuring any one; but 1 do say that the people nave a right to know all that they can know from us icpecting them; they are looking with intense anxiety to this body, both for information and relief. Sir, I attribute this crisis of the country to something different from the Senator from south Carolina, (Mr. Calhoun;) and, in doing so, I judge by the times of different events, and by their effects on the people. I know, sir, the great ability of that gentleman to ar gue away our common sense, and almoBt induce us to believe that a thing is not what i apparent on its face. I attribute '.hese em barrassments and disasters to the destruction of the national bank, and the removal of the deposites, in the first instance, as the creat moving cause. I cannot be satisfied without speaking the truth. Previous to changing the deposites, these difficulties were unknown; the exchanges were unobstructed, and almost without expense; and bank paper was every where redeemed with specie. But the moment you said "break down the Bank of the United States," and It became evident that you would succeed in its prostration, these evils were excited; and banks sprang up,tind banking capitnl increased all over the coun try, in ti manner without a parallel in the banking history of this or any other nation. Your next step was to remove the deposites ofthe Government from the United States Bank to the selected local banks. These de posite banks, so soon as they received the pub lic revenue, were encouraged nay, compelled by the Government to expand their is sues; it was expected and required at their hands, before the Government would give them the use and control ofthe public reve nue, lhe vacuum created by the withdraw al from circulation of the notes ofthe Bank ofj the United States was to be supplied by this better currency, as the people were told. The b.nks, thus encouraged and stimulated by Government, expanded their issues, until the whole country was flooded with their pa per; property of every kind took a sudden

COUNTRV?S FRIEM)S.

OCTOBER SO, 1837. fflaa:ggw,',iriiiiiiMri rise, except the vxihUc. l.,?a anus; nrodu-n w.is ;h, ami paper inonev ' I j is plenty almost ns of the forest. Tlie l!iu leaves on the trees I , j -...r... ...... luJ feltai, me people were seized with a kind of speculating mania; mil If'flHii :ii Inn tene a. . lions oi uoiiars were ciinwn from (ho banks. .tiiu lavcsica in public " lands iinJ Other nri - j a ""s crca'cu lor mer chandise, in consequence of the faciliiv with norlr. rrr,t .J .. 1 . - vukm money was eMaiiied ; ami the imnPri ing merchant tviliing to share in the -o'lder ;o!den Harvest, made nrge importations: the who! country presented a most flourishing aspect, and tue friends of the measures pointed with pnue and sclf-giatulation to all ihcse evidenres of povperily, and cried, ' doubt the wisdom cf our meas ov who can measures In the illicit ol all tins st of all tliis cheering, wl while the ban were o pursuing the very course pointed ont to them ! ... vxmernment, they were met by the el treasury circular, the crder in council. erue whuh required all payments for public hinds U be made la gold and silver. Sir, what was the consequence of this order? Why, sir jatonca created a suspicion cfbnL and that suspicion immediately ran throii'-h the public mind like Hre through a dry western prairie; it was the tocsin of alarm to the people; public conlidcnce was soon destroyed; and the consequence was, that specie soon' commanded a premium. A run commenced upon the banks, by the holders of their notes; but even this they could (must of them) have' stood, but private depositor became alarmed, and withdrew their deposites, and hoarded them up; and the final consequence was the suspension of specie payments.' Sir, thus, by your own acts, you have aggravated the very disaster which you produced, and which, in the first place, you ought to have prevented, and, in the second place, to have remedied. This state of things became contagious, and the contagion extended itself to every country, and to every interest, directly or remotely connected with us, with a' violence proportioned to the intimacy ofthe connexion and the quantum of the interest involved. The ex tent ofthe injury sustained by the issuing of me i rcasury oruer in council is not to be measured by its operation on the specie of the country, by diverting it from the channels in which the laws of trade required it to flow, but by the effect it produced on the public mind prejudicial to the credit, mrrency, and business of the nation. Sir, from the first moment I saw that order, I had no doubt of (he approach of the final catastrophe. The hank?, pressed on the one hand by the Government, and by their depositors and the holders of their notes on the other, were wholly unprepared and unable to stand up. Icontend, sir, that the Government stimulated the banks to the unwarrantable expansion of their, issues, in the urst instance, by her measures; and then, by her counter-policy, produced the catastrophe which followed. I presume these measures were adopted from patriotic motives; but, sir, can there be a question as to their wisdem? (concluded next week.) i'ot?i the Frederick Va.) Times. THE MAINE ELECTION. SAVE THE PARTY! It has been an invariable practice with certain presses professing to be devoted to the principles of the Democratic Republican party, i-nd pretending to be anxious to maintain its ascendency to misrepresent our strength in several slates where elections have been held during the last three months. Such a rour.ic, unless exposed to the true friends of Mr. Van Buren, is calculated to deceive his supporters and lull them into fancied security, mien imminent danger ot detent is threatening them. V'c have-recently had elections in Kentucky, Indiana, Alabama, Mississippi, ivhode Island and Maine, where the Demo cratic party have sustained losses truly appal ling to any sincere Ucmotral! V e know it has been asserted by n press in this countv claiming a close affinity with democracy, that we nr.ve sustained no less in Indiana and Kenlucky. But the editor cf that paper knew belter when he made the statement. It is true they cast their votes for Gen. Harrison in November last j but the entire Congressional delegation from Indiana were good demo crats, and a third of the Representatives of Kentucky were of the same class. How we stand in those states now, is too melancholy! and disheartening to reflect upon! Rhode Island has belonged to us for the last three years, nnd we have carried Maine by overwhelming majoritcs in every election since 1S31. Now we have lost Rhode Island by a l.cavey vole against us, and Maine if she has not gone over to theenem) is "shivering in the wind." We ask the people soberly and seriously to inquire w hat is the cause of all this. Thirty or forty ofthe most democratic journals ofthe United Slates in company with ourselves have warned certain high characters wto seek to control the affairs cf the nation, that their extreme notions about the currency would bring the democratic party of the nation to defeat, unless ihiy paused in their mad and ruinous career. Hundreds of thousands of the foremost champions of democracy in the state of N. York and elsewhere, have spoken to them in the same language. They were told that, nothing short of an immediate abandonment of their wild theories would avert the approaching overthrow of the democratic party. A solemn conviction that the sub-treasury scheme of the Bcntonians would drive a large

VOL. V. .

o. Vin r-rr,' ""'"T.ilic laity from Mr. an LtlrfU tf !Iprort, and an eft,nrft desire to prevent that aif ronhc. Ilas L;n. ,1 -OllffiT.ni;vnr.,r. , . . " ui"1!B v tit,,, il. .. m '"ins in u o ccenirv. ln,l we turn curries to the l,,l' rr . lii.d tl;; MiO i..r t'leafcr firlis-.n r.!.- . i virtue and . r i v"11" - me u.ient. lii.HJU.ep r ( (I ' bers is tRli?ted i:i ovrZr: "!.- ed that. they , v- lUIUHlC. can vet srtvv iho party firm C'CSii'i'.cticn. Wl !!(... 1C s;;iI r.t l W ... - J -. uudiian cane of i - i . i conservai.rs oy h,c unrsnnrin!,.,! A. lV the Ull'irinrinl,,,! Oa v - f.-...-iv.'si.ii .emaojrues of the 1 1. e time is rot f;.r fi;tr.T i!l Le ! l lif n ! ailed 'is tiie envious of the f,... t;c - . .- I i j P 1 a iiirv :avp i.it .v, i " ti,UVI(lsecure the triumph ef their liberal and pal t .ot:c measures, v.e thank ht-aien they have rer,gth ene.gh to stay the tide of loco-tioism va.ch threatens to sweep away all the foundations cf democratic security. And we thank heaven .too that Mr. Van Karen is not so v.ei ded o'd;e Sub-treasury system, that he vviw not bowwnh cheerfulness, to the will of the people s representatives. 1 E.VMES-EE. T foUIll district of this State, to fill the vacancy icned by le death of Col. Sttmdifvr. occas ituncu in iue CPOIC 1. .. .. . of Col. Stone, (whig) oy a mnjorny ct 7o votes, over his highest iii comnetitor. 'I r.. I , . - -ivciiiuu 1(1111 dates received 4337 votes; and the two V I nit, opposition candian uuicuucs, l-iuiwhi majority, 2S7G. Cin Whig. PnOFAJiE SwEARo. this vj, t.emarily habit which should never be cherished by any person who has any pretensions o decency, good breeding, or a coirect taste, liofai.ity u offensive to the car and will never recommend a person to the respect and confidence of a stranger. It is beside, a vioation ofthe laws of God and man. It is to be regretted that profane exnressions are often introduced into books which are intended for general reading. Books relating to nautical scenes and characters, especially, almost always deal in profane expressions. Thee disgusting expletives, do not as the authors probably imagine, add to the wit, spirit and interest ef a dialogue er (end to render the book more piquant cr saleable. On (he contrary, they in every ca?c. create disrusf in il minds of the readers, nr.d thus pre judice them against a work, which in ctVer respects, maypossess much merit. Some of Smollett's novels arc exceedingly objectionable en this score and air.cr" the mjrc recent r :.thcat;ons, we regret to state l"L Tics oi Lapt. JMnmnfi. are by no means tree from this flighting influence, lhe late Ameiican woik entitled, "The Scourge of lhe Sea," is exceedingly objectionable in this respect ai d must inevitably lend to create a sticrg prejudice against -the author m the milius of many of its readers. We repeat, profanity in conversation or writing, is an evidence o'f a depraved stale, ifnot laxity or moral principles. Bcstoji Journal. American Character. 'We are born in hurry," says an American writer, 'we are educated at speed. We make a fortune with the wave of a wand, and lose it in like manner, to re-make and rc-.'f.se it in the twinkling of an eye. Cur body is a locomotive, travel ling at ten leagues an hour; our spirit a high pressure engine, our life resembles a shooting star, and death surprises us like and electric stroke." Indian Character Michigan paper, that We learn from a a cl'iel, tn Ins return irom the payment, called at one of lhe taverns and partcck of a splendid dinner, asking and obtaining almost every luxury in the city. After he had fir.hhed, he stepped to the bar, paid his bill, and gave the landlord 25 cents, for which he said he n anted seme pieces of old meat and bread. These he carried to the door and distributed among his wife and six children, who took them with remarkable complacency.' Pain. Inq. Mcltcm in Pafvo. Abetter ilhist rnlina of this sa ing could hardly be furnished, than o) me rel.c mentioned in the following paragraph. The moralist might draw frcm it a number cf strikii g ii'.ts! i ntir i,f, r cr.ceinirg the unsubstantial nature of riches, &c. In the repository ofthe royal artillery at Woolwich a large cindcris exhibited, which is a great curiosity, having been produced by theburningof JC1 Bank of England notes, when they were called in and cash payments resumed.' The issue cf 1 notes had been, for some time previous to their being called in, at the rate of ISO,C0O daily. To burn this immense mass of paper money, an oven nan carried cn under the superintendence of efficers appointed for the purpose, for 13 months, the issue of notes to the oven being exactly 1 14,0C0 daily. The cinder of the notes', which is of a purple hue, is enclosed in a gla case. The Indians of Miffouri engaged to fight in Florida are to receive Jcrty-pve dollars per month each. eight. The regular solditr receive The Yellow Feer in New Orleaus is aba-tins.

.... eauol which stand

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