Indiana Palladium, Volume 10, Number 1, Lawrenceburg, Dearborn County, 18 January 1834 — Page 3

Catnrday ftlorning, Jan. 1 8.

REPUBLICAN NOMINATIONS. FOR GOYKBNOR, JAUES G. RIB AID FOR LIEUT. GOVERNOR, BAVIIB V. CTIJIL1L1EY. No letters or papers by the last Indianapolis mail. We understand, however, by travellers, that the Bank Bill is still pending. A Bill has also been reported for changing our present system of taxation, to that of ad valorem. A copy of the Bill has been received in this place, but we have not been able to get a glance at it. Freshet. The Ohio river presents a menacing attitude, both on our front and rear. On the night of the 16th it flanked out and took possession of the low ground back of our town, and thus cut off all landed communication. It maintains its position ery well, though we have reason to think no attack on our fortification is meditated. Down to our latest dates from Washington, the deposite question was not yet disposed of. We see that Mr. Benton had replied to Mr. Clay's speech, of the 26th ult. at great length. He commenced on the 2d and concluded on the 7th inst, OOwing to the swolen state of the streams, we have not received our usual supply of Eastern news the present week. We do wish Major Barry would attend more strictly to his business, Pension Office. It is understood the Secretary of War has determined on removing the Pension Office from Corydon, in this State, to the Metropolis, in a short time. The travel to and from the seat of government being greater than at Corydon, must render the change desirable to our Revolutionary fathers. They may meet, more frequently, with favorable opportunities of sending for their dues. Public Depoites. If aWthe members of Congress shall occupy as much time on this subject as Messrs. Clay and M'Duffie, the pockets of the members will constitute the depository of the public money before the session shall be brought to a close. It must bs gratifying to our political friends, to learn that the nominated ticket takes well all over the State while it should prove equally mortifying to the Bank (opposition) party, to find that the mockery they have undertaken to make of this movement of the people, has been properly appreciated. It must certainly grind the press to the quick, to be repulsed in all its venal efforts, and to discover that it can make no impression upon the square-toed democrats of Indiana. Every thing will, sooner or later, find its own proper level! PUBLIC DEPOSITES. A word or two on the agitated subject of the removal of the public deposites may not be considered superirogatory in us, though a great majority of the people may have become fully sensible of the pressing necessity of the course adopted by Secretary Taney. The reasons for this measure are assigned by the Secretary of the Treasury at length, and cannot fail to carry conviction deep to every honest and unprejudiced mind. The opposition admit all the material allegations against the Bank; that it employed its funds in an unjustifiable and unholy crusade against the government, and the people that it is determined, agreeably to a provision in a resolution, passed by a majority of the directors of the Bank to continue such abuses, and claim to be justified on the principle of self-defence. It is a strange kind of principle to us, that warrants an attack on the government of the people, and permits a few individuals to use the funds of that government in conducting the conflict. If justification can be successfully pleaded in uch a cause, it will stand good in any case. What must the people think of those who are urging a doctrine of such absurd and dangerous import It is however, the position of the Bank party. It is a source of wonder and regret that, in these modern days of chivalry and intelligence, and in this land of unrestrained freedom, Gold should constitute an image, and find so many devoted idolators. But Rome had her Cateline, and why not America her Judas V! The course that this monied institution has pursued for several consecutive years, has been such as should banish every feeling in its favor. Its influence has been extended far and wide for the consummation of its own wicked purposes, regardless of the consequences to the public. At one time its favors have been profuse, and again it has applied the clamps to its customers without any pressing necessity, when she had her millions in specie heaped up in her vaults. The object of this course cannot be misunderstood. She was determined to show her power; and exercise it over those who, unfortunately, had become her victims many of whom were in an insolvent and tottering condition,' and whose real standing was known only to the Bank in such she has found men loudly proclaiming in her behalf not from an honest conviction of the rectitude of her conduct, but from fear of being crushed by the monster at a single blow. Such individuals have, we say, been made to vociferate, spare the bank! Ergo. Spare me! and others have been hired to reiterate the cry. By this kind of humbug, a panic has been raised in some parts, and an ideal importance has been attached to the bank in consequence. This has been done solely with a view to force an opinion abroad in the land, that the Bank is essential to our commercial prosperity, and thus to obtain a favorable expression in its favor, in order to secure a continuance of the corporate powers it has so wantonly transcended. It -was thought that the people would make a virtue of necessity and acquiesce in its design, and thus give - it a passport to the favor of the Congress of the Uni ted States. In this, however, it has found its mis lakethe people have reared their crest against its iniquitous oppression, and are everywhere providing salutary measures for their relief, and deliverance from that distress sought to be brought upon the J country by the Bank , and those whose "political saltation depends upon the strength of this overgrown Wionted monopoly! That the Bank has become closely interwoven in the politics of the day cannot be denied; and that it Jxas arrayed itself against the administration of the government, anduhaB used its influence and money in an endeavor to thwart the operations of the public functionaries is equally true. These facts are dearly established by inconte6tible proof. It is proverbial that the Bank has loaned its money without tscurity, in large amounts, to Editors of Newspaper who were in its support; and to others, in order to secure their support. We have the most positive assurance that the Bank has been in the weekly habit of ad vancing her hundreds of dolJars to the conductors of a Press, with an express stipulation that it shall be applied to the discharge of Journeymen hire. Js it not conclusive then, that it is syuzn&ring its maejt (tod a po3 of U teiosgt

to the people,) in a war upon the government! and if its directors shall have paid $100,000, upon the same principle they may advance 1,000,000, or 10, 000,000 for the same baneful purposes. With what

grace then can any individual advocate its cause, j and claim for it countenance! By this, and vari- ! ous other corrupt practices, and in the mode of conducting its business, as proved by the offical report ot tne uovernment directors, whose appointments bear the sanction of the Senate of the United States, the Bank directors have wantonly transcended the charter. Under the law, it requires seven to constitute a quorum to transact business; they, however, have laid this rule aside as obsolete, and are in the habit of referring their behind-the-curtain business to a committee of three or four the select few who we doubt not concur with great unanimity. But r resident Jackson is charged with this won derful affair this gross injustice to the image of j their idolatry the removal of the deposites. It re quires no offort to prove the falsity of such an accusation. All know they were removed on the order of Secretary Taney. This, however, is not satisfactory; the Bankites go behind the Secretary and inquire what gave the impetus to his action what motive superinduced it; whether the President did not suggest the measure; when at the moment the reasons are laying at full length before them: And i then, by way of bug-a-boo, lug in the dismissal of Ex-Secretary Duane, to prove an unjustifiable assumption of power. It is unnecessary for us to say in what manner Mr, Ex-Secretary Duano obtained the appointment to the office from which ho was so recently dismissed. His hostility to the Bank was a matter of public notoriety; but we shall not now inquire what "fair business transaction" between him and that institution mitigated his feelings towards it, and blotted from his view, the enormity of its offences the inference is plain. If the Ex-Secretary was opppsed to the Bank, as he professed to be, when he received the appointment, it was rational to presume that he would forthwith remove the deposites. No man, who is opposed to the institution objects to the course pursued by the present Secretary. But, suppose it be admitted that the deposites were removed upon the suggestion of the President, as we here admit; what assumption of power does it prove! None! But exactly this: He saw treason in the camp danger stalking in suspicious places, foemen meditating the destruction of the citadel of freedom; and as a faithful sentinel, he sounds the alarm; rallies to the charge, and smothers the assailant in the stench of its own carcass. The President has a right to confer it is duty to advise with the members of his Cabinet. If he considers a mea sure expedient, and absolutely necessary, and suggests its adoption, and the acting agency refuses to i act in the case; what shall he do? stop and await the result of his worst apprehensionsl No! He should feel the full weight of his high responsibility, and as he has been wont to do, adopt his course to the emergency, and act with promptitude and decision. In more instances than one has he snatched from the wide gaping vortex of destruction, and arrested from the whirlpool of corruption, the destinies of this nation, and in no case has he feared to breast tho responsibility. In the case now under consideration, he says he had the most convincing proof of the CORRUPTION of the Bank such as would put an end to its chartered rights; and the only reason he did not scire facias it with that view, was, they would expire by law before a decision could have been had and this proof was OFFICIAL. Under such circumstances ho deemed it expedient to suggest the removal of the public deposites. He was unwilling that the public funds should be employed in this unholy war upon the government nor could he say what hour the whole amount of available funds might be thrown out as tribes, by the select few who had usurped the power of transacting business without a legal quorum, and against the repeated protestations of the government directors. And what course do the Bank party pursue in support of their attacks upon the President! They suck down the exparte matter thrown out by the incensed; dismissed Ex-Secretary Duane, as though it was every word of it true as holy writ, and reiterate it through the columns of the Bank's own press, and those in its employ, and others that have volunteered their services to keep up a 6how of popularity on the part of a few worn down politicians, who Jiave identified their political fortunes with the Bank. If they can justify the Bank in its corruption, upon the plea of self-defence; they will not hesitate to sustain the Ex-Secretary in his recklessness on the same principle. The President dismissed him from office, and therefore he is justifiable in making such statements as may prove most salutary, and best suit the times, true or false; and they will honey it over, and attempt to cram it down the throats of the people. Agreeable to the statements of Mr. Duane, he wanted time to consider the question whether his obligations to the Bank were paramount to those he owed to his country, we suppose but the President, without awaiting his decision, removed him from office, and appointed in his stead, a man who had no such discrimination to make who owed no allegiance to the Bank. His course has been made known, and the public are in the possession of his truly cogent reasons for it. Is it not marvelously strange that so much weight should be attached to the exparte statements of Mr. Duanel Who does not know that he has not published all the facts relating to his appointment and dismissal and who believes that he believes all he has stated? If he will come out in full, then we might be induced to think him honest and sincere; but an ho)icst course would not discharge his para mount obligations to the Bank he dare not pursue such. It would not answer the desired effect it would place the matter iii its tkue colors before the public. It is a source of no little gratification to all candid minds, to see the people setting their faces against the vile efforts of such malcontents, and casting a disdainful eye upon those who give utterance to their disingenuous notes. It is known that Mr. Duane was dismissed from the office of Secretary of the Treasury, sorely against his will; it is known also, that in order to obtain the appointment,yafce colors were held out by his own hand; and forsooth, after betraying his cloven foot, and was discharged, he zealously engages in the little business we now 'behold him; basely vilifying the President, and 1m preheating the opposition press with mutilated an garbled statements and consequently jaise. A few weeks anon, and this matter will be fully understood, when the good sense of the American people will clearly justtty the measure, ana xur.uuane, like numerous others before him, will sink under the weight of odium brought upon himself. The op position are heartily welcome to all tne services nis supple conscience will permit him to perform and if they shall be adequate to the ee, the bank should not complain. The people may look for a repetition of this matter until the question of the deposites is finally settled by Congress; when it will cease. It whs crrT.nn Tnr nrospnt nnrnnsps nn v. J. liuhu wuu use it, know it is not calculated to "stick by the rib." The prominent workers in this opposition to the government, are Messrs. Calhoun , Clay and M'Duffie and a few chips of the same block, at the City of Washington, and under their direction the campaign is prosecuted. Duff Green, and Gales & Seaton at Washington; Webb at New-York, and Simpson at Philadelphia, may be said to lead the van of the Prej wUva thay op$p, the numerous "aa fry;" o c i i

having an ear and eye always cock'd, hark in and amongst them they have kept up a hideous and frightful howl ever since the removal of the public deposites. But the people are not so easilv daun-

ted they must see cause of danger ere they will suffer their alarm to bo excited. Thev have heard the real tocsin sound too often to mistake its notes. They are not to be lured by the opposition, however ingeniously they may bait their hook. Unless it can be shown that the removal of the deposites has created a demand for money, and has withdrawn money from the market, it is folly to ascribe the present pressure of the times to that cause. Not one cent has been withdrawn; nor has any new demand been created by the removal. The great scarcity of money felt more in the commercial cities than elsewhere originated principally from the change in our revenue system made last year. In stead of a credit being allowed on woollen importa tions, of 6, 12 and 18 months, as formerly, under the existing regulations, only 3 and 6 months are allowed; consequently, the duties on woollensjm ported in the years 1832 and '33, are now falling'due, and the duties on the importations of the two years are collected, in money, together. These circumstances, taken in connection with the increased exac4 : c ii it:4.j C3..i t,i ia. . 1:1.. k Z ' 7"r I? k V -ti 3 ! perceived, has brought about the stato of things ot which we hear so much complaint the scarcity of money and not the removal of the public deposites. It was not at all necessary that the public funds should be considered actually unsafe to warrant a withdrawal of them from the Bank of the United States, The object of the change being avowedly to advance the public interest; the question naturally arises, could that interest be furthered by placing them in other Banks! This appears to us to be pivot on which the main question is to turn. When, then, it is considered that the Bank of the United States is in the act of preparing her business for a final winding up, and does not issueon her own capital to the full extent, and consequently the additional capital created by the public deposites must be dead to the people, the propriety of the change must be rendered apparent. The Banks designated to receive them are enabled to enlarge their accommonations in a corresponding ratio with the amounts so deposited. Heretofore, the public deposites have ranged from about 20 to 30 millions of dollars, and should they now stand at the lowest sum, or even lower, it would outrage reason to contend that no advantage would result to the public from the removing them into local Banks, where they might be used as a capital, and thus increase their accommodations. We fan cy that TWENTY MILLIONS OF DOLLARS deposited in the Banks of our heaviest commercial Cities, and fully brought to bear, would do much in the way of relieving the distress of the commercial class, who have been, for a season, groaning under the tyrannical, and high-handed oppression of the mammoth monopoly, exercised, as above remarked, in a determination to awe them into measures, and fix an ideal importance upon itself, and thus force the community to ask Congress for a renewal of its charter. Is it not fair then to infer, that in the removal, the public interest will be subserved! In addition to the advantage to the local Banks, and the consequent augmentation of banking facilities, the United States Bank has been shorn of a portion of that power it has been disposed to exercise to the disadvantage of the local Banks, and in violation of its charter, and to the prejudice of the public interest. In relation to the position, that the removal amounts to a breach of public faith, it is farcical there is not a gleam of truth in the assertion. The Secretary of the Treasury may, at any time, change the depository. Let the annexed extract from an official document, the app2nJix to tha report of tha Government Directors, be read: ,;. "protest. . "The subscribers, directors of the Bink of the "United States, appointed by the President, with "the advice and consent of the Senate, protest "against the acts of the rnnjority of the board of directors of that institution,. "1. Because, by a systematic mode of proceed ing, gradually introduced, and by alterations of the "by laws, they Have taken from the board its most "important functions, and conferred them on com"mittees, appointed by the President, and not required to report. "2. Because the acts of these committees and "the board, have been repeatedly in violation of the "spirit, if not the letter of the charter. "3. Because, by an organized series of opposition, commencing immediately after we became "members of the board, they have deprived U3 of "our rights as public officers, and prevented our participation in the most important business of the "institution. "4. Because, though called on, they have refus"ed to remedy these things. "5. Because they have permitted and sanctioned the expenditure of large sums, under the head "of stationery and printing, the accounts of which "are so kept as not properly to exhibit the particulars thereof, and, though called on, they have re"fused to have them so 6tated by the cashier. "6. Because they have permitted and sanctioned "the expenditure of large sums, under the same "head, on orders of the President, without any ac"count of the manner in which, or the persons to "whom they were paid, and, though called on, they "have refused to request him to cause them to be " so stated. "endeavored to point out. '8. Because, in fact, the allegation so made is "utterly unfounded, as would appear upon an impartial examination, and full exhibition of the said "account. "9. Because they have refused to adopt a propo"sition submitted by us, to appoint a committee consisting of three of their own number and three of "the public directors, for the purpose of examining "the said account, ascertaining whether any items "were erroneously stated in the said report, and "preparing a statement of the whole, in such form "as that it may be submitted to the public and the "stockholders. "II. D. GILPIN, "JOHN T. SULLIVAN, "PETER WAGER. "December 13, 1833." Gov. Breathitt, of Ky. in his annual message recommends to the legislature, the establishment of a State Bank and branches, with a capital of three j or four millions of dollars. He also calls the atten i turn ot that body to the conflicting land claims in kuuw uioiu A turn out. The ladies of Lynn, Mass. who were in the "Shoe Binding" business, have struck for better wages. One hundred and twenty-live associated themselves together, and adopted a constitution and by-laws, for the furtherance of their purpose. Success to their cause we hope the gentlemen bosses may display more gallantry than to require them

I -i. uecause tney nave, in a report sanctioned 1 terrojratories be answered by the nu

uy mem uii me oh 01 ucsemoer, xno, aucugeu it to deny the unblushing fabrications oft

"iC cuk ui tuw puuuc uucuiur iu mu x rti- luitor ot the statesman, in lus presence, amou (.ln rsF Ku IT

I lib VJi kllU D 11 LU1 LULLO. IJ 1 L11L A 4 'Lit JSi illl'' UL. 1 T B "1:1 k'P linnl ' ' T II Lin O 11A iTIlt tir j-vt

,iOo.5, contains "errors," "misrepresentations, the untruths he has

Strange associations! Menr. Clay. Calhoun.

and M'Duffie! Col. Davy Crocket and Rev. Lorenzo Dowi Ex-Secretarv Duane and the Mountain of corruption! alias, the United States Bank! These associations, it appears, have been formed. The why and the wherefore remains untold. Amongst the last foul acts of the U. S. Bank, was to hold the rod of her despotic power in ter rorem ovcr such local Banks as lay in her power, to cauie them to embrace her, and memorialize Congress for a recharter for their tyrant. Happily, however, though many were called, but few camel The following among other reasons, are assigned by the American Sentinel, for holding a National Convention: 'Because, the great body of the democrats of

"Pennsylvania are in favor a nomination by a na- acting on tho maxim. If its patronage shall coa"tional convention, as the only true mode of having tinue'for a few months to augment, and its Edi or,

"our voice heard on the Presidential question." The Sentinel is right in this matter. Tho only true democratic mode of bringing candidates into the field, is through conventions of the people. It should be remembered, that when the people appoint dele gates from among themselves, and delegate to thein the nominating power, those delegates examine the n I qualifications and pretensions, severally and minute ly, ot all the prominent individuals m the district, and from the aggregate number make such selection as seems to them most judicious. . The Inre selection amounts to a recommendation of the highest possible order. The duties of a delegate arc responsible and solemn. Col. J. W. Webb, of tho N. Y. Courier Ac Enquirer, speaks in high terms of himself. He says in so few words, that he is a "respectable and intelligent" man! It is well that he entertains so exalted an opinion of himself; for we question whether he could find any one else willing to bestow so unmerited a compliment upon him. The Indiana Journal is seriously crying quarters for Mr. Clay. Well, it is not to be wondered at for we would suppose that any print, wishing to keep up a show of decency would now flinch and not undertake to justify Mr. Clay's recent course. His last attack upon the President should cover him with infamy deep and damning; it is too degrading to be countenanced by any respectable community. The Journal takes the modest plan; instead of pleading justification, rather throws him upon Kentucky for chastisement it thinks that people should more properly inflict it. We are not prepared to go the whole length with the Journal we consider that Mr. Clay has grossly unsulted the whole American family, and should be held to strict accountability. It seems, however, to be natural, that those who have heretofore worshipped at his shrine, should supplicate for mercy in his behalf. The Journal also says that Mr. Clay is not a candidate for the "succcsszrship!" as our friend of the Statesman would say. The Madison Republican rather intimates that it is immodest in this paper, to publish the nomination Ticket. We have to be convinced of the impropriety of it before we omit its publication. The Editor of this paper, now absent, is the regularly nominated republican candidate for Lieutenant Governor; and this press has been a uniform advocate of democratic principles. We see no indelicacy in acknowledging the title republican; and upon this term the "Republican" lays much stress. There is a kind of mock diffidence manifested by some individuals that partakes of the ridiculous, and we should render ourselves obnoxious to this charge were wo to omit the publication of the Ticket because the name of the Editor was placed upon it, by the concurrent voice i f the representatives of the several counties of this State, in Convention assembled. The Editor, on his return, may feel inclined to indulge his usual diffidence in matters pert lining to hieown elevation, and haul down the colors we have hcistcJ we, however, shall not. The Western Statesman. VTe quote the following from the Statesman of the 10th inst., and subjoin a word or two by way of comment: "We discover in the obituary notice published in "the last number of the Palladium a fiir Kpecimcn "of the regard for principle, possessed by its Editor. "The development of the motives which induced "the publication of that article should cause the "community to tremble. C in they lull themselves "to sleep, regardless of danger, whilst they are "nourishing in their bosoms a man who, acting m"on the doctrine that all is fair in politics, scruplc9 "not to speak and publish the most wilful and delibiierale falsehoods, for the purpose of accomplishing "his master's corrupt designs! Have they not "cause to fear when one deliberate falsehood follows "another in quick succession, each of which is calculated to affect materially the interests of the "individuil implicated!" What disregard of principle was manifested by us in publishing the obituary ot the Statesman! What motive could have induced its publication, fraught with such mighty magnitude as to cause the community to tremble, and pass by sleepless nights Where is the evidence that wc act upon the doctrine ascribed to us; and that we "speak and publish the most wilful and deliberate falsehoods!" Who is our master, and what are his corrupt designs. And, alas! what falsehoods have we published in such rapid succession! Let these inblic. ic nts pose published may be considered "falsehood," then have we rendered ourself obnoxious to the charge. If, to be employed in this office as Editor, subject to no control other than truth and justice, amounts to vassalage, then we have a "master." If, to accept a nomination, conferred by the assembled delegates of the people, amounts to corruption, then Mr. Culley is "corrupt." And, if, to publish an "obituary" of one gone hence, shall be calculated to convulse the community then, indeed, may this community "tremble!" The idea of being 'nourished in the bosoms of the people' takes our eye wc are in no public business, "on our own hook" nor are tre seeking political elevation. We notice these things not from the seriousness of their charactertheir source considered but, supposing that, from the circumstance of the Editor standing at the head of a public Journal, 6ome weight might be attached to his assertions abroad, to which they are not entitled, and wc may add, does not accompany them at home ITEMS. 07" We feel a gratification in being able to stato that the Editor of the Statesman is fast recovering his health. Since our last report, he has been delivered of a promising young Statesman. It partakes, somewhat, of the features of his imperial majesty, whose "obituary" we published week before last. It is a matter of doubt whether the new-born will set up pretensions to the imperial crown hereafter. OCrThe Editor of the Statesman appears to be considerably eonjlustrijieated because we published the "o&iiwary" tui "eptiojtk" cf hiscM Statesman.

Wo hope we have made the'"tnfe htuvmblt eu. nouncing the birth of hie young one!

We uned thiscrif cracker to sot him to rusjtaa. gng lit dictionary again. 07" Wo do not envy the Stat? sman its being, as intimated by that print. We like to have something to play with occasionally. Nor has it bon an "eye-sore" to us though we must acknowledge a few of its numbers, preceding the het, would have made sore-cyes for us had we read them. (7-The charge of "wilful and d literate false hood" falls with rather an ill grace from a man who has convicted himself of falsehood in his wn sheet. QrTho Statesman boasts of an increase of patronage. "Cut your garment according to your cloth," was an ancient adage; and the Statesman is in the mean time, rase it again, the sire of the sheet may bo commensurate with its patronage. There "is a strange incongruity involved in this matter most papers, when they arc flush with success, augment, rather than diminish in site. In this case all may be right, however, as we hav uniformly found tho Statesman xorjng end fr$noit in other matters. OrThu Western Statesman, the leading oppotition paper in this fctate, ha hoisted Xuo sign manu al; we expect soon to see the "small fry" following the example. 03- Judging from tho tone of the Statesman of tho 10th irut. tho Editor was in a tempestuous ha mor. O-Tho Statesman due, had not issued yestcrdsy. 'TVrti till my pappy comes? Of all tho funny things we remmeber to hivo seen, tho publication of William J. Duano is certainly tho funniest. Th; mere statement of one oflhcfucts it develops is ludicrous beyond comparison. Only to think, that when tho wholo nation was crying out for a settlement of tho deposito question: When republicans complained of delay ; and the bank itself of anxous procrastination at such a time and upon such a question Willam J. Duane should modestly ask for further delay. Upon what ground think ye, gentlemen readers hold your sides, and contain your laughter if ye can. Why he wanted to con suit his pappy. 'Tve sent for inyi,to know whit to do Oh Mr. President do wail till he comes." Again Tho President asks confidential advisers, for their opinions upon a most important question of public policy, and tho Secretary of tha Treasury re plies, ilm he cannot answer, till hesi'CS his pa u Waif 'till my jmppy coma." Now what could tho President do under such circumstances, but tell him in the language, of tho old song, 'Go homo nml tell your mammy you wont do.' Baltimore Republican, We lenrn from unquestionable sources, that the rumorcircubted yesterday, respecting the return cf a largo amount of hills which had been drawn on a remittance of Ohio Canal Stocks, is entirely untrue; the credit of State Stocks in London remains unshaken. Wc arc assured by one of our first houses in Wall street, tint they have recently been authorised to draw for $300,000, at tho rate 1 per cent. ;r annum on an hypothecation of Ohio, New York) or Pennsylvania State stocks. y. X. Standard. From the X. Y. Cour. Sf Enj. NEW-YORK MARKETS, Jan. 4. Coffee Wo have not hoard of a salo worthy of reporting during the week. The stock ofBrzilis l irgo, of other description it is moderate. Tha sal 'S have been confined to small parcels for immediate us". Swno small lots prime Laguira at 124 a Cuba, at l'J, Bnzil K'i, on tho usual credit. Prime Javn, is in some demand by the grocers. Imports", U158lngs Brazil; 1101 da St. Domingo; 701 do. Coin; PJ10 Porto Rico. Cotton Since the tiSth ult., the date of our list report, the business in this staple amounts to about PJ00 hale?, consoling of $00 Upland j at 10 to lie; 300 Florid is and Al tbamas at to Wic; and 100 New Oilcans at 12tol3ic. Tho highest rates have been paid forsouio fine parcels only, for homo use, on lime. Prices havo declined about ic. per lb. this week, and the market is in a l inguid condition. Import for tho week, 0,011 bales. Flour. Snles are confined exclusively to home use, and, a trill ng Eastern demand. There hava been no sales of New York or Troy that wo hear of; Western remains as l ist noticed; sales of Blimore Howard street at $5 7", and exceedingly dull at the decline; nosiles of Richmond country or any other description of Southern; sales of New Orleans sweet at $'5 cash, and " l'J on time. In dian Meal dull, and declining tho last sale of lihds. was $15, i months, but at present this prict could not be obtained. Grain. A small sule of Virginia Wheat Ins been nnde since our hst, supposed at about 109 cts. No Western or Northern in market. Ryo has declined a trifle sales of Northern at 00 centp,, a small parcel of poor Southern at 53 cents. Corn Southern is fully 8 cents lower, gales at 50 to. 52 cents; Northern yellow 50 for new, CO for old,, which is a tleclino of 0 cents in the price of old. Molasses There is rather more inqury for Molasses. The quantity arriving is very light, and, meets purchasers readily at former prices. Soma inferior has been sold by auction as low as 24t cents. Provisions Tho sales of Beef and Pork havo not been large; the flolydays and bad weather havo prevented the moving of these articles; thero was. a better feeling, however, in the market yesterday, and both were more enquired after. Sales of Lard have been made at 0 a 10 ds. according to quali-ly. Sugars The sales of Muscovado Sugars havo been principally at auction. 300 a 400 boxes Trinid and Havana browns have been sold at 7 o 7 cents, and a few whites at quotationf. The Mails. Tho undersigned has fitted, un the basement story of his building on the corner of High and Elm streets for an office. It will be kept open every day, except tht Sabbath, during the bu siness hours of this place. Mails that depart in tho morning, are closed at 0 o'clock in the evening letters put in tho box after that time must lay over. TTfTv. J.W. HUNTER, p. v. P. S. The Mails depart Eastward, and for Indianapolis, every Monday, Wednesday, and Friday mornings at 5 o'clock; and arrive on Tuesday, Thursday and Saturday at 5 in the crening. Depart for 'Louisville, via Wilmington Uising Sun, Yevay.&c.on Wednesday at 6, A. JJ. tad erring on Mendajr and Friday, at ftf P, M.