Vincennes Gazette, Volume 3, Number 40, Vincennes, Knox County, 8 March 1834 — Page 2

.v, he is to foil-' no gWe c;v!l ei,-e uf the interest tF the people, he right fee li"'i'vUo counteract (he opera li'na of this dangerous monopoly, dimin its rimiWuion, curtail its means, and rijudio'e Us credit. To accomplUh these very purposes, and these alone, he might with.aw the deposites. The power irii him hv Congress would thus he us

ed to U f the will of Congress in one ot it- t:ot important aMs, by discrediting, and otherwise injuriously affecting an inelitution which Congress has seen fit t" estahlM,. pnd which it ha declared shall continue, i'h all i's power, to the expiration of it charter. The power conferred on the Secretary m a trust power, and like other trust power?, in the absence of express term?, set ling forth the occasions for its exercise, i-i to he constiued according to the sublet and oljert of the trust. As in other "caaes of the deposite of monrys in banks, the primary object sought to be accom jdished by Gmgress, by that provisiou of the charter now under consideration, is the safe keeping ot the public money The Secretary's trust, therefore, prima w-ii,. onri f.rinrinilU- iesi.ec.ts the snte keeping But another object is distinctly j di.tlosed in the charter, which object is iii. .1.... 1 . .

intimately connected with the fund, andimore than two eats .ti.Jimt; nearly iwo

that i its transfer and exchange from vlace to place, as the convenience of Government might require. The Secretary's trut, therefore, respects alo this other object thu-connected with the fund; und when cither of these objects if quires l removal, a removal becomes a just ex . J

.t . re. il ' ... ,4.,Kt cvicirnrp nf lis nower I ff. in truth, the money i? believed to be .,,.,.. ;.. irnii, iho 1. ant.-will not rrrant !

rClse Of niSaUlllOIHV. IU litis ciriii,U'MriiMiiciii, in.

Jhe facilities which it has promised, in I thus admitted to be ithin the jul exercise bout to expire, is natuially one ot the consideration of receivingand holding the! of its authority, and properly one of nothings longest postponed. It is as saie r-,nd thpn rprtninlv. it oiiffht to he re-iduties. Ithe last day of the existence ot the bank,

moved. But here the power must stop) ...... - r ' .r else' it is altogether unbounded. Here! is a just and reasonable limit, conilent Ise it just with the character of the power, consistent with the genera! duties of the Secretary, and consistent with the nature of the remedy provided . The charter of the bank is the law; it is the expressed will of the legislature That will is. that the hank shall exist, with . . .1 1 r all its powers. io ine enn ni n inm, That will, too, as the committee think, is,: that the public depoi'e shall continue in! he bank, eo long i.s they are safe, and so. hno- as the hank" fulfils all its duty in re-1 ,r 1,1 1 .cm r 10 Sprrpturv iissnmcs a ! broader ground. He cl . . . . . t laim- a Mgnt to. vjde of the proceedmjs ct the bank on 1 s cf the bank on

all subjects. Admitting the fund to be j some legal provisions respecting the tufafp, and admitting that the hank ha per- j lure custody of the public :none s ; and it formed all its duties in regard to it, he', would, doubtless, have been proper for laims an authority, nevertheless, to re-j Congress, without such call, to take up move the deposites whenever he phalli and consider the subject at its own sugf'orm an opinion, founded on the conduct i gestion : but the comaiitiee see no reason of thetnnk. in anv particular whatever,1 whatever, in the approar hing expiration

and however unconnected with the pub v. tic moneys, thit the general interest of ihe people requires such removal. If, in his opinion, it disrounts too little, or disouuts too much ; if it expands or contracts ?is circulation too fast or too slow: if its committees are not propeily organized ly if it claim damages on protested bills, which it ought not to claim; if, in his opinion, still, it is guilty of a wtong meddling in politics, or if it do any thing else; not consistent with his sene of the public interest; he has a light to visit it with a withdrawal of the public money from its i utod v . If this claim of power he admitted, it would seem to the committee to he a fair result, that the Secretary has power to withdraw the deposites, for no other reason than that he differs with congress upou its constitutional authority to create any bank, or upon the constitutionality of this particular bank, or upon the u'ilily of continuing it in the exercise of its chartered powers and privileges, till its term fchal expire. The committee, therefore, are of opinion that it was not the intention of the Legislature to give to the Secretary of the Treasury a general guardianship over the public interests in all matters connected with the hank; but that his power is a limited one, and is confined to the safety, and the proper management of that portion of the public interest to which it expressly relates; that is to say, to the public moneys in deposite in the bank. But the extent of the Secretary's discretion, as asserted hy himself, reaches even farther than the wide range which the committee has here described . It is not confined to the protection of all the vaiicus interests which the Government iind the country have in the batik, or to a tupei vision and contiol over all the conduct of the bank, but it embraces all branches of the public : interest, nml touch. es every thing which in any way respects the good of the people He supposes himself rightfully to posses the power of removing the depositee, whenever any causes, spiinging up in any part of the whole wide field ot the general interest, may appear !o him to call for such removal. Notwithstanding he may suppose nil lie great interests confided to the hank to be perfectly safe; notwithstanding he may have no occasion to complain of any pa 1 1 of its conduct ; not withstanding , e v en it may so have demeaned itself a- to have become the object of his favor and regard; yet, if his construction he admitted, he L'jay remove the depositee simply because he. may be of opinion that he might pbice them, with a piospect of etill greater advantage, in other hands. If he he ofopin i jn that the commerce of the country, or ft manufactures, would he benefitted by ilhdrawing the public money from one 1 auk and placing it in many, that would v ai ef idee of authority entirely with

in the limils which he prescribes to himself. It would be a case in which he would only follow his own sense of what

the general interest and convenience of the people requireu. lie migiii mma, loo, that by withdrawing all the public treasure from the Bank rif the U. S. and placing it in the hands of twenty or thirty State hanks, to remain there during1 his pleasure, and to he drawn thence, again, at his will, lie might be enabled effectually to advance certain other oh jeets which, whatever others might think of them, he miirht consider to be essential to the good of the people. All this, if he be right, is within hi? just authority A power necessarily running to this extent, is a power, in the opinion of the committee, which can never he admitted. Having thus expressed an opinion upon the general extent ot the power claimed hy the Secretary, the committee proceed to consider the renins which he ha9 re nnriPd fo Congress as the particular ' ere ed n the uresent case in" p 1 e . f 1 1 v 1. c The. first reason aiirned hv the Secj retary, is the near approach ot the period when the bank chatttr will expire - That period is the 4th of March, lG3Gr .. years rs and a halt at the time ot tlie removal. Three sessions of Congress are, in the mean time, to be hokleti, and inasmuch as

the Secretary himself s S that "the 'at some time, by himself, how can it, nevpower over the place of the deposites for jertheless, be argued, that so eaily and so the public money ould seem properly to .sudden a withdrawal was necessary? belonir to the legislative dei artment oflThe committee can perceive no possible

.. . - , .1 i:Ai.nrntYiini " i n (nmniiiipo ininir 11 misrht reasonably have heeu expected by him that Congress would not fail to make in season, suitable regulations on a subject Why, then, should he not have waited J till Congress had seen fit to net upon the subject, or had manifested a disposition not to act? i he matter ot the deposites had been before Congrrs last sessioo, and Congress then thought no provision to he, as yet. necessary . Its undoubted sense was, that the public moneys should remain where they were. This was manifested by proofs too clear to be questioned. Another session was fast approaching; and why was not the whole! subject left where Congre-s hfl chosen to leave it at the end of itslant sesioo, to await the free-exercise of its legislative power! al tun session : it miein nave usen u-. r .1 r- . .11 .1 ..i.. . l tor Itie executive 10 canine aurmiuu u, j 1 ongi Congioss, at this dm, to the necessity . . 11 of the charter, tor a change so suunen, and producing such important effects, made so long before that expiration, at a time when Congress had recently had the su'jeet before it, and when, too, it was acHin to assemble, and would natural have reasonable and full opportu nity to adopt any necessary legislative pro visions The Secretary ha9 stated no reason satisfactory to the committee for not deferring this important step until the meeting of Congress lie sets forth no emergency, n sudden occcasion, nothing which, in their judgment, maile immediate action by him necessa 7 The Secretary supposes it to have been! h is duty to act on the belief that the bank charter would not be renewed; and he refers to recent popular elections in sup port of this opinion he committee be -

lieve it altogether unusual for reasons ffjt.es to navc constituted such a parent bank as that kind to be assigned f or public aud j could satisfactorily L profitably, regulate all the

official acts. On such subjects, opinions may he very various. Different and op. posite conclusions may he drawn from the same facts hy different persons. One man may think that a candidate has been clnpf Ail nn orrnnnt of u ntifirtciltnn tn f P bank; another may see, only, that he has been chosen, notwithstanding such "IT0 sition. One may resrard the oppo. tion, or the support, of any measuiej by a particular candidate, as haying been, i . J . . ... .j useir, a promoting chums ui uie micxc-b or

his election; another may esteem it as a he Sinking Fund. They also procure the bank formidable objection, overcome, however, paper for the branches, which is to be signed by hv more powerful reasons; and others, (their Presi lent but to be countersigned at the , ;..i... .... i i 1 proper branch . All the other dutiesof the paragain, may be of opinion that it produced ' rit'b;iIlk are formed by the whole Board of little or no effect on the one side or the rjirCctors, which, with the four abovementioned other, liut if inferences, less uncertain, is composed of lh legates from the branches, could be drawn from such occurrences,, each branch electing oue, so that the whole the committee still think, that for a public "nir w, bfo.urU""';nd.hhIf ;after fixt(f ,r , . .i r i I he branches being responsible for each other, officer to presume what law the Legnla-jin case of faiJurfS hut not participating in each ture will or will not pass, respecting mat-.other's profits, the Directors elected by them, as ters of finance, from the election of a par-,' well as those elected by the. slate, can have no lirnbir noraim tn bo Thipl Al a oisr rn t im.lcuPJmon interest except the welfare and pros-

plies a consequence from such election which the constitutional independence and dignity of the Legislature do not allow to be admitted. But if for this, or other reasons; the Secretary had persuaded himself that the charier of the bank would not he renew ed, Mill, it certainly did not follow that the deposites ought to be removed beloie Congress had decided on the hands into which ihey should be transferred, and hud made suitable regulation respecting their future custody. If there were good ground tor thinking that Congress would not recharter the bank, for that very reason there was equally good ground for supposing that it would make proper and seasonable provision for the keeping of tlie puiuic moneys elsewhere. How could the Secretary doubt that Congress would omit to do that which he avers lo be one of its appropriaie duties! The question is, not whit measures. Congress might be

prnected in A.lont whether the recharMchcli, of which 51c 75 must Tic pan on ac!igu0u8 to Mexico, cnu oceueu D.t n

tering of the bank, or what other measures: hut whether it ought not to have been presumed that it would adopt some measure, and that a seasonable and proper one, according to its power and its duties: . ' and whether, therefore, this anticipation of the action of Congress, on the eve of its session, is to he justified. The hank charter declares that the depositee of the public money shall be made in the hank and its offices and that the bank shall continue till March, 1C36 Where does the Secretary find his power to decide that the deposites shall be eo made t)t for seventeen years from the date of the charter, instead of twenty? If he may thus withdraw the deposites two or three years before the expiration of the charter, w hat should restrain from pserrifiinf? the same authority five years!;,,

kir nirntion. or ten vears? A'vear. The charter is to continue in force until

UtlUir; 11c voi'it"" 7 J 1 Main and cogent necessity, the existence of a case which admits ot no reasonable doubt, and which is too urgent for delay

"v ti- n r hoc i.mn tivJiiii rnnfrrpe run nrovide for it. can alone

. . .. 0 . - - :.t- .1

husti v an inieuerence wunuie puunuv"- - - . -- j '-"'j , . 4? morteace, tor such term and on ruch interest Imonevs, lodged in the hank hy law tor the ?.',;. ...orw.f ti.m f,i r.

Idouble purpose 01 saie Keeping, auu iui tilment 01 solemn comriui. But supposing it not reasonable for the pecreiary 10 ae r.pec.eu ...n uon 01 congress, auu Humiuiug mm r might consider the withdrawing of the deposites as an act which was to be done, r .1 : t.t, nJa - w m rpiiHnri mr inm in iiiiv Eiaic ui iai.19 uiaut ikoown to them The withdrawal of the money, left on denosite. frcm a hank whose charter is 1 1 in common caes, as at any previous period. The bank expects the recall of its .deposites, near the period of its expiration :md nrenarea itselt accordmet V . I e " I w - operation, if made gradually, produces, when thus conducted, the least possible disturbance in the business of the community. Former experience would seem to have held out a salutary light for the guid ance of the Secretary in this part of his official duty To be concluded in our next. TIIK STATE HANK OF INDIANA, Messrs. Douglass and Maguire : I beg leave to .....,.. jw... li e V,fl UUI UI ne Charter of the State Bank of Indiana, w ith r.nlaIia,ion as will, I truss render it intet Itiirible Something of the kind appears to be called for, s the charter itselt is very long; and requires more attention to understand it thau many have time to eiv,. The general intereft that is felt on the subject occasions more calls lor information than can be answered separately, so that this may be considered as a reply to such communications as are not otherwise atten ded to. I he Constitution of this State prohibits the incorporation of any bank except a state bank and branches, not exceeding one branch for any three counties, and no branch can be established unless there be subscribed and paid in specie by individuals thirty thousand dollars, as part of the stock of such branch. The peculiar situation of this State, it ia presumed, has also had its influence in the adoption of the plan devised for the hank iJy referring to the map ot the state, it will he seen that its commerce am! business must necessarily take very different dirctions. The White-water region and eastern part trade, by different routes, to Cincinnati. The southern part are accommodated by ihe river Ohio, the western have the benefit of the Wabasb, and the northern of the Maumce and Lake Michigan. Accordingly there i3 no point in the state calculated to command the business or extend its acquaintance over any considera ble portion of its surface, and it is not a little singular that in locating the branches of our bank only three of them should be situated in the interior of the state, while the other seven are located on its very conGues, and it is proba!be that the two hereafter to be established will I. ..UnolnI f.it.ll lliarnt'nra Itfivr 1, : 1 , ,,:,r,..w ..k ,.;,,..,. -t oei 11 e a in iiiei y unuvuiij uuuti ou.. 1 1 v. . 0 .n . movements ot tue nranches. 1 ne plan aoopieu, it is confidently believed, will not be liable to be effected by local jealousies, or influeuced by political considerations. That the state may, at all times, be able to ascertain the situation of her own interests iD the concern, it is provided that the Legislature ; fi? an(, fjur Direr(()rs for four ycar8( one 'however going out of office every year, this Jjjard appoint their own Clerk, locate the ,.t...M ..ls. t-wi I'rncidiUll rl tlici riorr.it Imaril brandies in Districts pointed out in the Charter, Wohl! Commissioners to receive subscriptions of stock for the branches, appoint three Direcf (,.,ch braricu and are Commissioners of ('Cllij iiiv, ihiv- vvuiiij miu a o njia uuni u cannot muke Discounts they will have no power, to exercise any political influence. This Board may limit the loans of the branches after they exceed one and a fourth the stock paid in, may require reports from branches at least once a mouth, and oftener if necessary; may adjust the accounts between branches; may permit one branch to loan to another branch; and for refusing to pay debts or mismanagement or any good cause, may suspend the operations of any branch and settle it up as insolvent ; they may equalize the slate funds and public deposites if obtained; may examine the( situation of affairs at the branches, and may make all necessary by-laws to carry their powers into t-lTect. All ti e discounts are to be made solely through the branches. Each branch elect its own Uitectors, except the three before mentioned, and divides its own profits, and when any branch fads alter its Directors who are in any measure culpable are first made liable, then the private stockholders to the amount subscribed, and then the state Ftock in the branch, and if uy balance still remain due, it is apportioned to be paid equally by the solvent branches. To furnish the capital for each branch, individual:' rau't subscribe for ICtfO shares of

Ulmro nrrvinns to the riaiiks commeiicine opera-

tions. and the naiance in two annual nisiaimerits. If tlie stock required from individuals be subscribed by responsible persons at any ot the brandies within 30 days after the books are opened, the state will make a loan sullicient to enable it to suuscrioe lor an equal nuruoer 01 shares and pay in 31 25 on each share, so that each branch on commencing operations will have iti its vaults 500,000, in specie. The state will also borrow the sum of 40,000 for each branch in one year and ihe same amount in two years, of which a portion will pay her second and third instalments, and individuals subscribing stock may have their second and third instalments paid by the state on their securing the state by mortgnce of double the value of real estate, without improvements, to pay the umount in nineteen years with interest annually. The capital stock of the branches may be incteased by individual subscription of stock, with the assent of the Legislature and the Directors of the State liauk. The loan made by the state is to be redeemed uot less than twenty nor more than thirty the first of Jan 1859. Such parts of the state loans as are not applied in payment of stock or loaned to individuals to nay their instalments, and all dividends not . . . M 1 . 1. I - I required to pay 1 merest 011 me loans, are 10 l,..cf,fi,(f a mnkincr fund. In be loaned out on mine. The bank is never to have more debts doe than twice its capital paid in, but as the branches may accommodate each other, and us the pork season, when the sreat discounts are need ed, comes on at the Ohio river in Nov. and Dec, and on the Wabash in Feb. and March, while in the interior the purchase of hogs aud cattle for fattening is generally mace stnl later, and the lake trade dues not commence until a subsequent period, there does not seem much dilli cully in managing the whole concern with profit to 1 he stockholders and advantage to the state No other Dank can be created in the state until the year 1857, w hen our population will in alt probability be a million and a half. One additional branch is authorized to be established in one year and another in three years, making only twelve tkat can exist until the Charter shall expire. Theie seems i.oj so much reason for the inquiry why a Hank is now created to accommodate a population of half a million, as why the subject has not sooner excited public attention. The experiment will be tried, and for the future credit and welfare of the state, it is all impor tant that it should fall into the best hands. Ten branches have been located where bookB will be opened for the subscription of stock from the 7th April to the 10th May inclusive, and where the stock is subscribed, banking opera tions will commence as soon as the loan is effected and other preparatory proceedings had, which it is supposed will not be completed until August or September next. Of the places selected for tho location of brandies, ludianapolis, Lawrenceburgh, Madison, Richmond, NewAlbany, Vincennes, Terre-Haute, Lafayette, Bedford, aud Evansville, six of them contain a population of more than 2000 each; the others have not many inhabitants, hut all of them are places of extensive business, and banks have prospered in other states in situations possessing fewer advantages rhere are no means for estimating with much correctness the amount of business done ju the elate- In obtaining information for anotner purpose, a short time since, it was ascertained that in fourteen counties selected promiscuous ly and containing a population of IUf,000, there were one hundred and ninety-one persons en-

traged in Merchandize. This would make'., . . . , , 3 . . . th!f manv rannnt lil-o lAiaum tn J :

bout you lor the wnole stale. An enua numher must be engaged in the livrr trade sind as hore, cattle, and bog drovers. The persons engaged in manufactures are not numerously preent, but every year is rapidly increasing their, numbers, and the time is not distant when our manufacturing capital w ill equal the commer - c'al These hasty and crude suggestions it is hoped will call the attention of others more capable of communicating uselul information SAMUEL MERRILL. "ASSASSINATION OF PRESIDENT JACKSON!" We have an article, with this caption, in the Republican of yesterday. The Globe has pub-j lished two anonymous letters addressed to Presi

dent Jackson, and one to Major Donelson. One is front iNew York, two are hem . Philadel- We are informed that Messrs Samuel phia 1 hey purport to convey intelligence thati c . , a plan is formed to assassinate President Jack-j Smith, D. S. Bonner and Joh'n Ross of this son, if the U S. Bank U not rrchartered and tbe;.,ace have been appointed Commissiondeposites restored, in a short time. ' This is a poor and most discreditable device.) 19 toopen Books for receiving subscript No man, in his sober senses, can believe that any ; tions for Stock in the Branch of the State such plan is in agitation. ISone can have any -. interest or other object in fabricating such a tale, Bank located here. The Books will he but the instigators of the present ruin, Amos' open the ,0th Way t js dcsired by Kendall v Co. Doubtless the letters are of their J contrivance. Their dates, language, and iriti-j the President and Directors of the State malions, bear intrinsic evidence of the impress Bank (f)at ag much stock a poggibe shou(j of the same mind. A resort so desperate as to prepare these letters and then give them to the' be taken in the first few days, it being sapworld, as proofs of the existence of the design! posed that it would have a favorable efthey impute, was not to have been expected!' ... even from those upon whom the infamy of thej 'ect In negotiating the Stale loan east. contrivance must fasten. We understand that Samuel Smith, fowinff Anonymous letter, conveying personal abuse, 1 v o or threats of outrage, whether addressed to to his necessary absence,) and D. S. Bon-

public functionaries or to private individuals, can have no origin other than tlie ciourjie oase ness of malice and cowardice united; or the still

deeper oasenessu. ne.r g ,i,r.ca,e to us ujin (hcjr pace9 oOar i rulmtn. in mil rit qiimc irhpmo nt vil.

IU N V L.' W.UUJI ... " " ' - ...v. - . . - . . - - ... lainy and deception. If occasionally they proceed from inconsiderate waggery, they do not deserve reprehension the less. Those lo whom they are addressed should always treat them with silence and total contempt. To publish them, generally gratifies the writers, end never can effect any good purpose. Frequently this produces much of evil and injustice. No matter how fabricated, they evidence a most deplorable state of feeling; one which high and honerable minds should disdain to promulgate abroad. Cin. Gas. CONGRESSIONAL HOUSE OF REPRESENTATIVES. Mr. Ewing of Indiana, offered the following : Resolved, That the Committee on Mil itary Affairs, in considering the resolutions already referred to upon the subject of a national aimory on the Western waters, he instructed to embrace the Wabash and White rivers, in the Stale of Indiana. Mr. SEVIEIl thereupon offered an amendment, to include the Arkansas llivei as one of those whose expediency, as a location for a Western Armory, should be inquired into. Mr EWING declined accepting it as n modification of hii motion. Mr. SEVIEIl, expressed his regret at this, and went on to state that his territorv had always been included in former reo lutions of a similar kind. It lay on the frontier of the Union, immediately con!i-

:i rmnrV

.. f.r mnro Hum Ihe etnlfs in Mie interior. l be Ucvtrnmeni mere ownr.u the soil, the mines, every thing; and alt the expense would be saved of shipping arms from Indiana, &c. Mr. EVVTNt; pleaded the claims of his own State. Jf Arkansas needed defence, who was to defend her ? Was it not the inhabitants of the other States? And how J .... ... i were they to do this without arms? With cornstalk?? Indiana had emerged from infancy and helplessness, and now s'ood on a level with the other states; but Ar kansas was a child of the Union, and indulged and favored to a great degree.Surely it would he easier to transput t ar trs down stream than up; und, though Arkai.sas might need delence, so did ihe northwestern frontier. He dwelt on the favor able central situation of Indiana, her water powers, Lc. To the editors the jXat. Intel. Messrs. Gaixs &. Seaton: As t Lis seems to be a day of historical reo,iniaetnee, per haps some of ycur readers may see something of a resemblance between the following reply of n absolute monarch of Europe (Louis XV. of Fiance) to the complaints and remonstrances of his people through their deputies, and the transactions which are daily pasting before our eyes in this free country. It is true that the language of power is Ihe same in all new countne-, and at all times. It is restless at the voice of truth, and impatiently rebukes the language of honesty aod complaint. 13ut to his Majesty ?s answer: "Gentlemen, I will order every point you advance to he examined I know that some things areyairand mirejrcsented. 1 sent to acquaint you that your retnonstranccs were of no effect, though they tease and fatigue me very much. I take it extremely ill, that my parliament should presume to concern themselves about the rights of my kingdom, which belongs only to me, and for vv hich am accountable M take the retponsibility VINCENNES. SATURDAY, MARCH 8, 183t. We insert in our columns to-day a letter from Samuel Merrill, Esq. President of the State Bank of Indiana, addregsed to Messrs Douglas Si McGuire, to which we direct the attention of the readers of i our paper, as worthy of their attention. - in. - i,, :.. e n u r b ' tion that persons feeling disposed to take stock io the Bank, could derive from a J reading of the charter, which is 60 lonir "' J icau ik. As in a great measure, the future improvement and standing of Vincennes dcpends UDOU the establishment of a hranrK . j,n ,f anfl 89 lt now rest8 w,th the people composing this Bank district to have one . . . or nol vve hoYc that t,ie interest which every citizen should have in the improvement of the country, the character of our town, and their wish to promote their own interest by the enhanced value of property, will induce them to pay Ihat attention which it deserves. uer have declined acting, and that some other of our citizens will be appointed VAN Bl REN COLORS HAULED The editor of the Providence Literary Subal. tern, hitherto a warm stickler for the Magician of Kinder-book, has recently given notice, that in compliance with (he almost unanimous request of its patrons and the voice of the public, he has been compelled to erase the name of Martin Van Kuren from the list of candidates for the Presidency. It is a good thing to have a little sunshine in the midst of the storms which, obscure our political horizon. ANOTHER CLniPSE OF SUNSHINE. The Union Bank of Tennessee, the Cify Bank of Louisville, and the Union Dank of Philadelphia, all pel Banks, have indignantly hurled back the public deposites in the very teeth of (len. Jackson. They have been conv inced that the deposites were removed from the United Slates Bank contrary to Jaw, and that they participate in the Kxecutive injustice and fraud, by consenting longer to hold them. They think and act correctly. The receiver is no better than the thif. We should not be astonished if the whole array of Pet Banks should eventually follow their example and Ihat of the Bank of Virginia that were selected to receive those deposites. The last accounts from Washington lefi C jfjgress busily engaged on the exciting and n,o-ment-jirs subject of the deposites. TLe Kiic!ier