Indiana Palladium, Volume 8, Number 7, Lawrenceburg, Dearborn County, 3 March 1832 — Page 3

Collectors to sell tands for the non-pay-merit of taxes, is hereby repealed. Sec. 9. So much of the act to which thi3 is an amendment, as requires Collectors of state and county taxes to advertise the sale of lots and lands in a newsnaner. and so much as requires

k I 9 flAi-la malrf mil :i detailed 1 13 1 01 delinquents to enable the Collector to settle with the Auditor of Public Accounts is hereby repealed. And here after the Clerk3 in their respective counties shall certify under their hand and seal of office, the gross amount of credit such Collector my bo entitled to on settlement with the Auditor of Public Accounts. THE BANIv. On the 10th inst. Mr. M Duffle, from the Committee of Ways anJ Means, reported a bill for the renewal of the charter of the Bnnk of the United States. 1. It reserves to Congress the power to repeal the charter at any lime after ten years from the 3 J of Mirch, 1326, upon giving three years notice of such intended repeal to the President and Directors of the Bank. 2. It proposes to vest in the President power to appoint one director of each of the branches of the Buik. 3. That the mother Bank may ap point officers to 6ign and countersign notes. 4. That the Bank shall be prohibited from issuing notes which are not payable at the office from which they are issued and from drawing any checks or drafts for twenty dollars or any smaller sum. 5. That the Bink shall furnish a list of stockholders, resident io each State, annually, with the amount of stock held by each, and that the several States shall have the power to tax the real estate of the Bank and the proprietary interest of their respective citizens in the stock, to the same extent that they may tax other real estate within iheir jurisdiction and like interests in the stock of other corporations.' G. That per cent, shall bo paid annually for the U3e of the national deposites. 7. That, after the 3 1 of March, 1 326, the Rnk shall oot establish any additional branch without the consent of Congress. This synopsis of the bill proves that the friends of the bank have become sensible of the necessity of modifying the present charter; and, although they have not yet assented to the changes which are demanded by public opinjon and public security, we are now persuaded a bill that will satisfy nearly all parlies may be agreed on. On this subject we advise the friends of the administration to pursue a frank and fearless course keeping the fact in view, that "money is power." In pursuance of the advice we have just given to our political friends, we shall comment briefly on the provisions of Mr. McDuffie's bill. 1. The power to be reserved to repeal the charter is nbt desirable. It can be reached, if properly modified, by Quo Warranto, should the interest of the country require it The proposed reservation is moreover objectionable, because it would, in effect, render the new charter exclusive for seventeen years to come To such a state of things we will now urge but three objections: 1st. We doubt the power ef one Congress to bind up another to restrict or circumscribe their own future action under the constitution: 2d. Exclusive privileges are at war with the spirit of our institutions and can never q safely granted: 3d. The notice of three years required, would give the bank ample time, should the public in terest demand the repeal of its charter, to complete the work, good or bad, which would render such repeal neces sary. In addition to this, the stipula tloh is derogatory to the government 11 1 J . I WIT anu snouiu noi oe maue. wo are op- . ... posed to all restrictions on the govern ment in relation to the bank, and con tend that Congress should be left free to charter a new institution should the present fail to answer the ends for which it was established or a rival bank, should public security or the in creasing commerce of the country ren der such an act expedient. At all events, we are unwilling to see the government of our country "tied up" by auy charter to a corporation; and we would leave it free in relation to toe bank, because that freedom would prevent abuses under the charter. 2. The proposition to vest in the President power to appoint one director of each branch, would be a silly and unnecessary increase of executive patronage. It would neither enable the government to control the bank, nor insure to it representation in proportion to its stock (if the government stock, should not be sold) in the institution. The proposition is not, therefore, justifiable on any principle. 3. We approve the third proposition, to giye the bank power to appoint persons to sign and countersign the notes issued by it because it is impossible

Ux the Pr sidrnl and Cashier of the mother bank to undergo that labor. 5. The fourth provision of the bill, which makes notes issued redeemable at the branches by which they may be issued, is a virtual enlargement of the privileges conferred on the corporation. The prohibition proposed would convert each branch into a local bank by leafing each responsible for its own issues. Oil this Doint the existing charter

would be preferable to the modification proposed . 5. The fifth section proposes to confer on the States, the right to tax the real estate of the bank. The States are already in the full enjoyment of this right, and will not surrender it except at the point of the bayonet they will therefore refuse any thing like a re-confirmation of this power through a charter to a bank. The same section proposes to permit the States to tax the proprietary interest of iheir respective citizens in the stock of the bank. This proposition is absurd in the extreme. It would, if carried into effect, amount to an exemption in favor of foreigners and non-residents; while it would prevent the new States, owning no stock, froimtnxing the bank in any shape. We hold that sound policy will rarely, if ever, justify the imposition of a state tax on such a bank but, if a tax be imposed, it ought to be laid on the whole capital stock employed in the State, or on the amount of business transacted by the bank or its branches. In no other than one of these modes can an equitable tax be imposed on the institution. 6. To the lixth proposition we ob ject, because we are opposed to the principle of selling privileges or bartering for monopolies. No government cap remain pure and indulge in 6uch a traffic. If the public interest requires the exercise of banking privileges under a charter from Congress, let it be granted 'without money and without price.' Then the rich will not have an opportunity to buy up the government. and to overthrow the liberties of the people. 7. The seventh inhibition, if made in the shape proposed, would prove en tirely nugatory. After the 3d March, 1836, the bank is to establish no new branch without the consent of Congress but, before that period she may estab lish a sufficient numberto insure the consent of Congress to the establishment of as many as she pleases, or to any thing else. This is about the plain English of the proposition. Though we are decidedly opposed to the bill introduced by Mr. McDuffie, we are pleased to perceive that the main point is yielded that the Committee to whom the subject, has been referred, admit that it is necessary to modify the existing charter. It is the business of Congress to render that modification just and appropriate, or to refuse to renew the charter. Of the changes demanded by the public voice and publie security we snail hereafter speak. Louisville Adv. State House. On Monday last. (20tb, ult.) Governor Noble, Mr. Mer rill, and Mr, Morris, the Commissioners appointed by an act of the Legislature to superintend the erection of a State House, made a contract for the whole undertaking with Mr. IthielITown, the gentleman to whom tho premium was awarded by the Legislature for his Dlan of the building. The house is to be completed one year short of the time given by the Legislature, and may be used for the session of 1 836. It will be 1 80 feet long, 80 wide, and 45 from the toundation to the cornice. The roof, dome, and cornice are to be covered with zinc, which will make it fire proof, the walls rough cast, and the Legislative Halls, Court Room, and Rotunda to be ornamented with stucco work. From the beauty and simplicity of the plan adopted, and the high reputation of the architect, it is believed that this house when completed will be surpassed by few if any similar buildings in the United State. The cost will depend upon the kind of finishing preferred by the Legislature. If all parts be completed in the most perfect manner according to the plan, the cost will be 58,000, which may be reduced to less than 47,000 by dispensing with the zinc, cupola, dome, and some of the ornamental finishing. Mr. Town, the gentleman into whose hands this contract has fallen, is doubtless one of the best architects in the United States. With a view to make himself perfectly master of his profession, he has recently travelled through various parts of Europe. He has, we understand, planned and constructed several State Houses and other public buildings. Whilst at this place letters were received containing demands for his services. Our state has certainly been fortunate in procuring so competent an architect to superintend the construction of the extensive building in contemplation. fad. Journal. "Family JarSV'No less than twenty-three couple were divorced by the act of the Legislature of Georgia, at the last session.

FAlLlLABIllJM.

DEMOCRATIC REPUBLICAN CANDIDATE f for president AUDIIEW JACKSON'. Owing to the forcible entry and occupation of our premises, for some days, by a certain well known and obtrusive character denominated High Water, no paper was issued from this office for the last two weeks. This is the 2d failure that has occurred in the regular ap pearance of the Palladium in seven years; and is the more to be regretted, as the unhappy cause which produced it, has spread far and wide over the country, and proved far more disastrous to thousands than to ourselves. To those of our readers residing in the valley of the Ohio, we need make no apology for this failure; and to others, none more than to pro mise that no exertion shall be wanting on our pari io ensure me usuai regular appearance ot the Palladium. The two weeks omitted, It should be observed, is our loss, as 52 papers are printed for the year. Judge Test explains in the Statesman of the 24th ull., and disclaims being considered "really or ostensibly,- the editor of that paper. Next week the establishment will pass into the hands and control of Mr. Clarkson, who may perhaps explain farther, and say he is the editor, printer and proprietor of the Statesman. The suspension of our paper, has rather put in the rear and rendered stale sundry articles inserted to-day. The speech of Mr. Clay, delivered on his tariff' resolution, may appear so to many; but believing that a number of our readers have not seen it, and desiring to give a portion of the debate on so interesting a subject as the one named, and particularly the views of the leader of the "American System-' party, we hope to be excused for being a little behind our cotemporaries. By the way, without wishing to be troublesome, we would like to know whether Mr. Clay's reasoning is not a little at varience with what has been held as orthodox ''American System" doctrine. We have always understood that every proposition tquinting at a reduction- of the tariff, was a blow aimed at the "system," and should be resisted as such by its friends. We now howev er, see a proposition to reduce the duties, offered and supported by Mr. Clay himself! Since the rejection of Mr. Van Buren's nom ination by the U. S. Senate, he has been ex tensively spoken of as a candidate for vice president, to be run with Gen. Jackson. For ourselves we highly appreciate the talents and pulic character oT Mr. V. B. and admire the spirit which actuates his friends, at this par ticular juncture.jwhea he is traduced and villifled, in sustaining him ; but are not altogether satisfied that it would be right or politic at this time to place his name before the public as the Jackson candidate for vice president, until after the meeting of the convention at Baltimore in May next. Should Mr. Van Buret! be then nominated, we shall go for him heart and hand. Respect for the convention, and for those states which bava selected delegates to represent them in that assemblage, would seem to require the postponement of all further arrangement of the presidential ticket for a season. The board of county commissioners will convene in this place on Monday next, for the transaction of business. The probate court will commence its next session on Thursday next, in this place. We are pleased to be aMe to state that the bridge across Tanners creek, at New-Law. renceburgh, is standing, and the parts raised by the water, settled to their former positions. As soon as the floor is replaced, (which is being done,) the bridge may be crossed as usual. The late great flood in the Ohio and its disastrous and ruinous effects, being subjects of painful interest to all, we have collected and embodied in our paper to day, a number of statements from different towns on the riverFrom Pittsburgh and as far down as we have been able to learn, the destruction of property has been great bejond a parallel in the weit. The height of the water in this place, over the great flood of 1815, was 5 feet 9 inches, and over that of 1826, about 8 feet. Hijrh street, the most elevated part of old town, was covered with from 4 to 6 feet water its whole extent. On some of the cross streets the water was stilt deeper, and the inhabitants compelled to seek refuge inj the buildings along High and Walnut streets. All the two story buildings on these streets were filled to overflowing some having 3, 4, and 5 families in them. The injury done to the buildings in thi9 part of the town was trifling and not one removed from its foundation, notwithstanding several were light one story frames. Several frame stab'es situated low were either floated into othec parts of the town or displaced from their foundations but not a single building of any kind we believe was carried off entirely . The principal loss sustained by our citizens is in fences, corn and hay. The stock was all secured in boats, or removed to high ground as the water rose. On Thursday week the water left High street, and at this time business is as brisk in the stores and trading houses, as if it had not been interrupted. The water for one or two days was about 3 feet deep on the lower floor of the store rooms on High street, but the merchants having removed their goods to the higher shelves or to the 21 story, none were injured vie believe. We are certainly under great obligations to the editors of the Madison papers for the very

Urg minKeJ in which they chose to notice of the war. lie was not, however the situation of this town. We hope they will constrained to jed the unjust and inbe kind enough to say we have escaped most jquiious pretenfidHS which forced U3

miraculously, not by "fleeing to the hills, but into our houses, none of which were disturbed or carried ofF. The editor of the Cincinnati Republican, does our village up in fine style, and only leaves the "steeple ot the church" and a few houses above water the balance swept off entirely We are glad the editor qualifies his remark by "if is said for then we can contradict it as the idle tale of some wag, without hurting his feelings. It will only be necessary to add that our church has no steeple upon it, and the 'is housea" which were here before the flood, are heie still our ofSce, a small one story frame, among the number. Extract of a letter to the Editor, dated "Louisville, Feb. 17A, 1832. Dear Sir I have but a few moments of leisure, and cannot devote them to a better purpose than that of giving you a faint idea of the gloom that has overspread our city, in consequence of the present unparalleled flood. Its course is marked with de vastation and distress. Hundreds after hundreds of our fellow citizens have been driven from their houses to eeek shelter, which can only be found in the hospitality of those more fortunately situated; and! feel a pride in J statin? that, thus far, the relief has been ample. "The whole of Front street i9 rising twenty feet under water, and nil our large ware houses on that street have water in the second stories. The smallerbuildings, such as were capa- I ble of withstanding the water, present barely the roofs many, however, lay broadside to view. And this day, I saw a whole building Coating with the current. Our cross streets, or the mouth3 of them, are navigable for the largest class of steamboats. 1 he loss of property, it is supposed, will not fall short of 20 or 30,000, and this maybe a safe computation should the flood even soon be stayed but the

- prospect for such an event is not flat- to attend to opening books at Lawyering, as the water is coming up at renceburgh; that John Test, Geo.

the rate of one inch per hour. 1 he best is always hoped for, but, we cannot rationally calculate upon a stand, short of two or three days to come, and how long it will be, before the frightful element will retreat from our premises,

is known only to Him whose pleasure iNathan D. Gallion at Greensburgh atsent it hither. I can only implore tended to the same.

the mercy of Heaven to save the) earth." Washington, Feb. 1 5th, 1 C32. D. V. Culley, Esqr: Sir, the bill from the House of Representatives, to establish the ratio of representation in congress (under the late census) among the several states, has, after a protracted debate, been ordered by the House, to be engrossed for a third reading on to morrow. The ratio as fixed by the House, is 47,700; by which, the state of Indiana, will be entitled to seven representatives in congress for the next ten years; and rune electoral votes, at the next presidential election. Very respectfully. Sec. R. ROON. The mission. It is stated in the Richmond Enquirer, that Mr. Van Ruren is "at this moment engaged in a most important negotiation with the government to which he is accredited one of the most important in which this country can be concerned: He is attempting to close the door to future wars with Great Britain, by arranging the difiicult and delicate questions of impressment, of blockade and of contraband of war." A letter from Wash ington, addressed to the editor of the Kentucky Gazette, states that Mr. Van Buren ha3 already got the start of his enemies that "there are strong hopes of his success." We trust, and are inclined to believe, that this statement will prove correct and, if so, what a figure Messrs. Clay, Calhoun and Webster will cut! Should these delicate and important questions be arranged, how ineffably contemptible will the opponents of Mr. Van Buren appear? The failure, on the part of our Commissioners at Ghent to adjust those questions, persuaded a large portion of the American people that we had gained but little by the late war indeed, nothmg but "the glory acquired by our Jacksons, I'errvs, Browns, McDonnoughs, &c. We had convinced the world by our gallantry in the field and on the ocean, that we were competent and willing to defend ourselves but, had it not been for the achievements of our soldiers and our tars, the war would have terminated ingloriously. Daring the conflict, our motto was: "Free Trade and Sailor's Rights" yet, in the treaty of peace, there was no abandonment, on the part of the British, of the right of impressment; no relinquishment of the principles on which she had acted in relation to blockades no stipulation with respect to what should or should not constitute contra band of war. The peace obtained. only indicated that John Bull was tired

into a contlict with him. Our Minister at Ghent made an effort to adjust the questions of impressment, blockade, fcc. but failed. They did not think then , as the gallarj and the patriotic Mr. Webster affects to believe now. that

honor requires us to negotiate onhose topics m no oiner mode than arms in our hands. The remarks nffhp fUnrl. like on this subject reflect injuriously on the conduct of "the Ministeri at Ghent," whether they were sodir.ected or not. Louisville Adv. Four Days. It seems that Mr. Clay's speech, in reply to Mr. Hayne, was commenced on J hursday, 2d inst. continued on Friday and Saturday, and finished on Monday, 6th inst. No man can speak sensibly, for four days, ou any subject. Ib. Kail-Road TIcGthtg'. At a meeting of the Directors of the Lawrenceburgh and Indianapolis Rail Road Company, assembled at the house of N. D. Gallion in the town t( Greensburgh on Thursday, the 23d of February, 1832, on motion, John JrCit, was chosen chairman of said meeting, and John Henarick$idQtk pro tempore. And on motion, it was determined that the directors present proceed to the election of a president: whereupon the Honorable John Test was unanimously elected. On motion. Georee H. Dunn was elected Clerk; and ordered that he give bond in the 6um often thousand dollars, with security to the satisfaction of the President. Ordered that books J for subscription of stock be opened at I the town of Lawrenceburgh on the last Monday of March at Cincinnati on j the first Monday of April at Indianapolia the second Monday of April at j Shelby ville the third Monday of April ajd at Ureensburgh on the fourth Monday of April; that George H. Dunn, and David Guard be authorised. I H. Dunn, and David Guard attend to opening books . at Cincinnati; Nicholas McCarty and Benjamin J. Blythe at Indiarapolis John Walker, and John Hendricks at Shelby ville and that Martin Adkina, James Freeman, and Ordered, that there shall be a meet z of the board at Greensburch on the 4'ih Monday of April next. Ordered, that there shall be required to be paid by the person subscribing, five dollars on each share subscribed, at the timtt of subscribing for the same. By the President. JOHN TEST, Pres'U JoriN Hendricks, CFk. QgrTonwsuip ELECTION -CO "We have been requested to announce the following named gentleman bs candidate!, id this township, at the ensuing election. FOR JUSTICES OF THE PEACE. John Saltmarsh, Thomas Palmert James If ason, Benjn. Fuller, Abraham Decamp, Jas. IV. Hunter, A. St. C. Vance, Samuel M' Curdy. FOR CONSTABLES. Hiram IV. Cloud, IValler Hudson, Lemuel G. Elder, Jilahlon Hayes, John Feree, Abram Roland. Sheriff Sale. Y virtue of an execution, tome directed, from the clerk's office of the Dear born circuit court, I will expose to public sale, at the Court House door in the town of Lawrenceburgh on Monday the IGth March inst. between the hours of 10 o'clock A. M. and 4 o'clock P. M. of said day, first the rents and profits for seven year?, and if no bidders, then the fee simple of a certain lot of ground, known and described as lot No. 2, of the lots divided between the heirs of John Moore, deed, being part of the south-west quarter of Section 2, town 4 range 2 west in the county of Dearborn, containing 29 acres, 1 rood and 8 perches; taken as the property of Robert Fulton and wife, at the suit of Samuel Fulton. M.GREGG, Sheriff D. C. March 2d, 1S3?. 7-t3. BOOKS for subscription to the Stock of the Lawrenceburgh and Indianapolis Rul Raid Company will be opened at tha office of the subscriber, in the town of Lawrenceburgh, on Monday, the 27th day of tho present month. The shares are fifty dollars each, and fia dollars on the share is required to be paid down. Bv order. GEO. H. DUNN, Clerk. March 1st, 1832. Look at Tiislll ALL persona who know themselrea indebted to the undersigoed, Bre hertby requested to come forward and make settlement immediately, either by note or payment. Those who neglect this notice, will receive the next from an officer, without respect to persons Pitching necessity compels him to adopt the roost rigid means to close bis accouns. JABEZ PERCIVAL. Lawrencetursh, Oct 21, 1S3 1 42-3tf