Vevay Times and Switzerland County Democrat, Volume 4, Number 14, Vevay, Switzerland County, 7 March 1840 — Page 2

VEVAY TIMES AND SWITZERLAND COUNTY DEMOCRAT.

and most favored business of the bank. For the produce business of the west and south is of all others the most attractive to eastern capital. It generally yields more profit than any business there, and the returns are made to the place where capital.belongs. .Every year, therefore, Id ordinary limes, large api.ounts are devoted by eastern capitalists to the purchase of western and. southern producjainouriuarkots. And'jbis capital naturally seeks for tlie least competition. If, therefore, wo were to apply our own credit- and capital to the production of our'grcal staples, wc would derive all'the advantages resulting from the annual employment of so . much, money among ,* us from abroad, and would have a much greater amount of surplus produce-for sale, whereby to increase our permanent domestic - wealth. .The banks, indeed, would realize less profit in consequence of relinquishing the heavy rates of exchange now paid them by produce nnufchaiits, end Which are in fact levied 6n the-producers themselves. Dot they could acquire equal facilities fur sustaining their circulation and equalizing the exchanges, by thus having eastern funds, •a much sooner, than when- they must await’ (lie sain of our produce at the ports of-. destinaUdh. And. if the amount of capital thus availed Vo 'us were insufficient; to effect the shipment of’our surplus produce, the residua tnight bn supplied .from-the banks'at home. It may tm-theugUroy some, that even in a country so generally ‘agricultural as oun, banking capital ia -inapplicable • to thu farming interest. But it has been found by.tlio experience of tho Scotch banks, that iiich ineiitutioria. devoted to that business, have been the safest and most useful of all. The Scotch backs .have been distinguished above all others for prudence, credit dud success, as well as Tut the extraordlDary.ficjliiieB rendered by themtto It is ftrTrotn the wish ofllid coin* \ mitres to iris ti into ■ invidious comparisons - between different cUsses ofciliicns.' lt is thhir complaint against tlfo bank fur tliatcriurse, fur its-extreme partiality to the mercliahts over the farmers that rendered a considerptioh ‘of tltnr respective .claims hrro necessary. r Besides ilic question' |s not, whether the farmer shall* hive* credit from t he bank: but Whether he Etiallreceiycj it directly from lire bank itself, and in arnbiyu,! - or whether he and his .wife and; daughters- shall get it through thu merchant, merchandise. * ’ I ' _ v .’ ;'j■' ’l-ho benefits of the bank having been confined - • to so‘ small a number of persons;; couniiw'attd' towns in tho sure; and devoted to the'promotion of a.'branch‘of.)lid business rif ilio cumriiUaliyi -. which ia neither llm inoarprofiiAblo, nor the ritifeit vholpeuitie, it Ucoiriea imjfimant for enquire JiiiV r tho caujea of this course."- Our hank’is substantially a.govcrniqcnt over tUe-industry, credit; commerce; end- properly of ’the * people. There, ara ahnui one bund rctl'tmd'fifty director?,-equal to thd nuhiker of Senators nnil'llepresctUailvW. There arc about tuny officers, (pfcsideiusy cHlh'* iersqnd clerks,) whose aggregate salaries amount to about 37,00U dhIlars, exceeding lin iiumb'er and‘pay, l ho executive aiid judicial oEcers tir lire State. Tbs political power of the it alhdnWeyer ts delegated by one liund red thousand votes,;'dr rather, by a majority of them; the total mitnber of stockholders is 1146, but according to the present distribution of stock' and mode rf voting prescribed in the charter, a majmityof the, Volt's for ' directors is given by 229 men. Thetis are 043 holdingstonk toihoainoitfitot |5U0aml under; l95orur GOO and under i,000.242 over 1,- - 009'and under 5i000f4rovcr'G,0UU hud under 10,009 and 15 oyer ’' V ,* Assuming that the first da?* overage four-votes aqd the lost average about $lG,p(HWl'sio:j; ebcli, ■rid'that tho intermediate classes hold anamount midway between the two sums under vyIiich they, are classed, and it will,bo found that the money power of tho state—the control over the .31,202,000 of state slock, 1 tic 1,333,221 of private stock,-the,300,009,000 of circulation, with all the credit, property, arid hopo depending on them, is in the handset' two hundred arid twenty-nine men. And if wc consider that considerable amounts of stock Ijeld in the name of several persons, such-as minor members of; ' families, aro voted by cine,‘it will not be saying tod much to suppose, that this vast power is actually at the control of between,ono and two hundred persons. The number of the directors fs about’orie hundred'and fifty, so that we may conclude, that they have the power of continual , re-election of ihcmsclve, or thdir friends and the - maintainance of their policy against alt opposition, i ’ ' The slate is entitled by charter to the election of four dire&ars and a president of the, stale board, butyPcso do not form one third of the whole number and consequently- may, m any case bo outvoted, where the interest of the private stockholders comes in conflict with the public. -The state directors appoint three memben'of each branch board anil these again are ip the lean minority power.. So that the state owning one half of the stock, and conferring the privilege of a circulation of three millionss is in fact powerless in the management of the bank. Private stockholders, then, bolding a majority of the private'slock, and'noil ' numbering as we have shown, perhaps two hun- • dred men, have the absolute control. And this explains the present condition and policy of the bank; Hence it is, that its favors have been so greatly circumscribed to tlicir own neighborhood _ —to their own class—to themselves. And tins ‘does-not seem to'bo a temporary or transient condition of lire bank; but permanent and habitual. In a report made by it to tho legislature last session, it is remarkable that the ■mourn of debt then duo from stockholders was $1,4(18,071, almost the same as the present.— i The loans of tho dircciors were then $403,540, Boranthiiig less than now. - The liabilities ns endorsers and partners were not staled. 1 Wo understand that since that report tho number ai the directors in the branchcd'lms been reduced, pojthal there are now two less in cadi thap before. This ought to have lessened the' liabil'ties ot the directors, iu proportion' to the reduction of pumber, even though tho hank had not nmle requisition nf a singicdollar. 11 ut in ilio mean* while ttyooilrer branches have been established, pnd tho commencement of their operations! presents a fine illustration of the system. The private nock of the M'organ Oily branch, ■which went in operation lasyyeaf, was $49,000 accordinjf to the report of November 16, ami directors arc borrower* la tho amountDf23,S9(l ■ml tho other stockholders 11,583, making 40,470, or more than their stock already. The Same directors are liable ns partners and endorsers for $50,872, more, and the other stock19,620; directors alone being. alrca- ;

dy liable, as boilrotme, endorsers ami partners fur morc itian double (he total amount of all the private stock. The South Hand branch is a mill more siritdng specimen. The private stock on jbtf '16th of November last, was 31,171.— Ana the liabilities of.the .directors arc now as borrowers, 03,337; that of the other stockholders flt>,S07 making together 147,144, or four times their stock.' The other liabiiUicsof the directors, as endorsers and partners, is 41,337, ami of ther stockholders. 02,367, so that the.total liabilities of the directors and sioccholders of this branch is 243,744 or nearly eight times their stock. And it is remarkable that

wise have paid, it will alio be contented tba) the failure oftlie stale iti obtliningfier loans for internal improvement, arid for increase »f bank slock (on. both of which the bank relied as a in carts of sustaining her circulation] wasaiuiBcient cause of suspension. This is a specious and plausible excuse, hut results from *a total misconception .of the subject. The circulation of the slate bank, ought not to have been increased, oven if that money, had been certain; for our slate circulation was large, prior to the ncgociation of those loans. The prices of produce were high. Fork had sold in our neighboring markets, six and seven dollars per hundred, and this at a.short period after the re-sumption-of'specie*'pay merits by the wqilern banks, Tfiis a clear’ indication that both cure it cy and creditV'were iufficieotly abundant —that prices were already high enough—and as afterwards appeared, t much too high for profitable exportation. To‘prudent and sagaciousmeft it oughi to hare been reason for a rcsinint and cqntraciioni am) particularly when it was ennsidored that heavy were at hand, on works of internal improvement—which would at least make a temporary fexpansipn la the Currency—increase the price of labor, and theewt of constructing the public Works, besides the »t(m* ulus of private enterprise aVid speculation) • The prospect therefore for realising oiir foreign loans ought to have dictated contraction * rither than expansion of our currency. Yet the .bank actually increased her circulation to Vcomuderab)e amount, as we rpuat infer from tie’ fact, that now after all (he contraction, tliatlsubsequently occurred before the last suspension’, : tlle ctrculalion is still larger, than by lart years Uutit Will; bo insisted that allhough the bank, might have been’ unwise and imprudent in permitting so much circulation to go out, she was certainly justifiable in suspending when the change came on. It is alledger! that a corttinuuance of specie payment, would hue caused an excessive reduction of,the money, in common use, would have proitra ed the price ot properly, and labor, and produced wide spread again the,reasoning, is very indefinite, declamatory, and inconsistenti The I tranches it-lluv, that they' suspended chiefly against foreign brokers and banker 1 . -If this be true,-bow does the suspension affect the circulation at home.. These foreigners do not throw our paper imb circulation in the state. on the refuel of their demands by-the banks. They tike notes back-or arrange in eome other wav wiili the branches, to take tlirm'up, and they aie as much -withdrawn /rum circulation as if redeemed in. rpecie. ,lt is difficult to know what would have been the actual ‘reduction of bank circulation without suspension, The Ohio banks have, will' 5 si ght interruption, continued to redeem their paper, and hayebeen compelled lucurtail iftetr; circulation from about six mil I ions at; the timeout hanks suspended, to five millions’jit I lie': beginning of twin ter,\ 1 f, our batik, wbbsb circulation anhe linteof tbs stiepe Asian, waaihree pti lliona.’or ha I f that of* Oh to had been t>ul jrct tq the Mine’ prapori ional de- ■ inand for specie she would have paid out only half a million up to the sitting ’i\ftlu) Legislature—which is only hylf what had on hand. Tim« the observance of her faith and her charter would have caused but a very slight additional sedVcitj offinoney, *nd only half her gold, and silver—fer tile notes pre»tiited for redciriilon. coming from't he* adjoining si sir's would have had but lilUti effect on mir mpplif'd at home.— As fur the. deposited they am but small, and would have caused but little drain qn the bink. It is however allcdged (hat if (lie bank had persisted in redeeming her paper, ehe would have been compelled to oppress her debtors, "and through them t he community. We .have shown that sbemight have refrained from cxicting from them more than she has done and' yet. have redeemed her returning circulation, without parting wjib more titan half her specie)-for . we do not sup pose that tho foreign debt of Indiana was more in proportion than Ohio, Hut admitting that it would have beep necessary in maintaining specie payments, to reduce the discount,, what would have been the eflcctl If that reduction bad amounted amongst her debtors according io the .amount-of their respective loans, the directors themselves would have been required to pay up, within two months, about $450 each on an average—the other stockholders 'about $300 each; and the remaining debtors, to the bank, n,boiit four thousand three hundred*’in number, only about sixty-five dollars each. It, must be clear that the directors were far more anxious about themselves than the other borrowers, and that to avoid ibe-requisition of lour hundred and fifty dollars, or about otie eighth of their debt to the bank, and the risk of having lb pay the inslalraeBlon their liabilities os endorsers,—which is the .utmost that a continuance of specie payment required, they deliberately resolved lb violate the charter, and the sacred faith of the bank.

I'Npw; sir, ch‘e only-difference between the gentleman from Ohio-xnd myself t* this,—and it is yitalt ilia- gemlontan and niyyclf differ fundamentally and Itnallyi*at|(T did differ when we first took otir setts inJ^orjgres?—he as a delegate from ike Territory Northwest of the river Ohio, I as a member of tho oilier House from Ibe state of Virginia; ho was an open, zealous, frank supporter of the Sedition Law and Black-cock-ada Admimstratration; tnd 1 was as zealous, frank and open an opponent of (he Black-cock-ade and Sedition Law Administration. Wc differ fundameptally ud totally—we never can agree about tqeaiura or about men—1 do not mean to dictate to l|te gentleman—let us agree to differ as gentlemen ought , to do, especially natiyfeapf the same state, who are antipodeslo each other in politics. , He, I acknowledge, just now the «ni(A, and I the nadir; bat unless there is.something, false ip the philosophy of the schools, in the.course of lime evpntheae will change their places.’! -

this, is more than 70,000 beyond the entire 4<tnoiint.nf all'their loans on ttib IGth of KovemTljcr last, it being but little more than six weeks from the date of. that report, to the answer of the branch to the committee;-’ - ' . From.the presentcbndiiion of the bank, from Us own report tnoro than a year ago, and from the manner in which new .branches are organized and managed, it appear that the holders of a majority, nf the' privatastock have in fact paid for that stock in > their promissory notes and thereby acquired enough to control the bank and then borrowed 6ut|lwico.Q3 much besides. They gave their notes at 6' per cent; in exchange Tor a"stock that pays in dividends and surplus abbutiwelvc-per cent,, thus'realizing a regular jroht pt incomo of 18,300, for the 1 term of the char|eL ; Such|an income-for twenty ycajs, amounts to a deaf speculation of 37fJ,QQ0. But this isnotall. borrow, over and above what pays ttieir.stock,|about a million of money, at say an average df seven per pent, when mtliis country the usual tale, is ton; Thisdifferentelof three per coni, on a million for twenty years is GO I),U 00 tporo, which added to the oilier is a clear speculation of pearly a million, made by a few stockholders on the stale, .by the mere cunning of*securing a--majority • of 'the private stock In. ilio batik for their own promissory notes Such a course however U not pcctiflaf to !tho stockholders nf our bank nor are wo.to consider ft a stain oh theircbaracter as men,

Randdph spoke from what he know* and he spoke,.in the face of Mr,. Harrison, when he charged him with' being an open, zealous, frank supporter of the 'black-cockade administration ol old John Adams—tliat administration memorable in the annals of this country, as tho only one that ever cteaicd laws to abridge the freedom of speech and of the press—and laws by which the president was authorized to order an alien to leave the United Slates under the penalty of imprisonment.- Old John Adams was tho only chief magistral of this country that was ever permitted to carry into practice the federal doctrines to their full length—and he did it with a vengeance. Among his pcrsonal allies and tliOiretainers of his administration, no otic will be surprised to find that Mr. William Henry Harrison was,enrolled—and it is quite natural that'the present disciples of (he federal school should Btiive to reward.the ancient loyalty and welt tried faith of the old gentfenian by. raising him loan eminence*wherc he mar have an opportunity of bringing black cockades arid alien and sedition laws again into fashion.—Acts Or-, tfaut Tima, '

New Countebpeit.—We would .caution the public against anew emission of spurious notes of the denomination of five dollars, purporting to I« on the State Hank of Indiana, Those that we have seen are made payable at (he Vincennes ISranch, to G. W. Rathbonoo* bearer—signed S. Merril, President, John Ron, Collier —filling and signatures very badly done —vignette and end deviceVbclter executed, but entirely unlike those in the genuine hills, there being no attempt at imitation. Judges will have no difficulty in detecting), those bills at a glance; and those' who are not, can tell them by observing that the vignette rep* resents a man standing under a tree with cattle,. > hogs, dec. in the foreground and in the diitancoy a viw of a rail road and locomotives—the. Icfl\ end ornament is a female sealed, holding a scroll \ in her right hand. They may also be told by noticing the name of the engravers at the bottom. / The spurious purport- to be engraved by **W. Dane & Co”—the genuine are engraved by “Rawdon Wright Hatch fc Co., New York. 1 * Since the above was in type, we have been in* formed the notes offered here'aro dated January 1,1S39—and that none were ever issued by tho" bank of. that dale! —Fincrnnei Sun. ; NOTICE. TUB subscriber has far sale on hii farm, about Jialf a mile below Vcvay, a quantity of Qraps Vine Roots and Cuttings, of the Cataivba, Isabella & Cape • kinds, warranted genuine. Also, a few bushels of the noted I Baden Corn. 1 ■ PHILIP BETTEN3. Feb. 29, 1840. 13c» ' f 'j Foreign-Attachment. In the SieilsertanJ Circuit Court, State of Ini f* * ' . ana, lrrm, A, X).1840. Francis B. Know lion ) - ■ # . t». . 5 Demand, $273 31,- ' Thomas Ilanimcll, ) W-ficrca*. Fntic’s Tl ICnowlten lately, to wit, on the 2d day of .March, A. II. 1840, sued out of ihe office of the clerk of the Switzerland Circuit Court of sa : d pntin'y and State aforesaid, a of Foreign attachment (hr the above demand, against the good#, chattels, lands and.tenements, rights. credits, moreys-and effects of the said Thom is KommcH, in said, county, which writ Was afterwards, to wit, on the 3d day o t .March, A. I), I Sin, rci’inicd by the Sheriff of said coon* ty to'said crrkV office, endorsed, served by at* niching the foil iwing teal estate; to wit,*lot No. 78 in ;)iu original phi of the town.of Vcviy—and ihu kbnth ha’f of. the south west quarter of.ee cmm 15, town 3, range 3; the northwest qifirter of iho iioitli wcrt quartrrof section 21, town 3, range I*; the north .wcrt quarter of the north ! *ve#l quarter of .section, 22, town 3, range :t west; and alsii'the nmih west quarter of tin 11)01-1 w er q irtcr of reel ion. 9, town. 3/ring** the whole appraiMsi at $325 00. Thu said Thomas •llammell is, therefore, hereby no 4 ;ifl-*d in bo and appear before the Hon. Judges of our Swi'Zfrlmd Ci.cuit Court of said county, tin the secntii) - ay of the next April term of .-mm, to hehttldi’n at-lhrrouilhou*o, in the towd of. Vevay; in said coitn’y, on the sreond Morday o|; April mxMhen and there tnplead oranswert** the iii.I afnt.esaid, or judgment will be rendered thereon in li!a absence. .KIHVARD PATTON. Cleik. March 4:h, 1840. 14c.

It. lias been lltb casttV'tyith hank? generally t h rwg lioy ii Iieco uiii ry| .T h oc hai t d r* u f a I most ulljlro link? that tiave|bccn created for twcniy,years require ttic Vcipiial to- be paid .in Kpeciy.. Aiul it may. 1« done on thoilay the bank goes inio'ojieratidii.'but niimciliatcU the Specie jV i educed, by tlmJoans that drd made to ah : omoiint deemed sufficient, for- the * of circutjtm:), ami its plicdiwMipplied by the notes of, tli e}b o rn i wc rs. . A| SI a to. H urtri however, management and;ill is remarkable that alihough ihe State tarnished llie jrpecic to. pay Tor its own mock, end more than ivfo hundred yioupaiul dollarsof the yet that the aterage amount of specie In tbe bank from the beumning is ndh equul|tn .ihe.state stock atone, a I though ill ere at onetime, iiiqrd Ilian a* mil* on.l a,lialf of Umt|dSiatcadeposites ml he banlebmiidcp. ;':\yhai then m<ist.be;said ■ of a tliari.crj which coii Fersfon the holders of a little nioro than half.n million of stock, the power of securing to themselves- without actnarjnvcsimeiit bl.money, a clear pprculation of amtllibn of dollars, ami the distribution amongst themselves, ilitrir friends and favoriiee,' iheir own department’of business, their own towntaitd counties, of three-fourths of the. entire capital and credit of a great State Hank. This lias been done, without violating tin: letter of the charier but in gross violation of its spirit meaning and iment. The bank however has twice clearly, violated the lrttcrns well os the spirit of (he 'charter. First in 1837hen it wa.f ex cured by the Legislature, and again in the months of-Oc-tober and November .last, every branch in the staio except three (Michigan Ciijr; Fort Woync, : anil Bend,) oned ntore suspended specie payment, and that suspension tecbiVed the recorded sanction ofilie-Staic Hoard; The Sth section of tlm bank charter declares “That the said bank shall notj at any limb suspend or refuse payment of gold and silver of any of ils-noles, bills, or obligaiions due or payable nor of any moneys received upon deposite;—and if said bank shall, at any time refuse or neglect, to pay any bill note or obligation issued by such bank,' if demanded within the usual banking hours; at the pioper branch, where the. same is payable, according to the contract, promise or undertaking therein expressed, or shill neglect or refuse to pay on demand, os aforesaid any moneys received, on deposite, to the person-or persons entitled to receive tbs same, then, and in every such case, the hbldey of any such bill,- noto or obligation, or the person or.porsons, entitled to demand- or receive such moneys os aforesaid shall respectively be entitled to receive and recpver interest on their .said- demand, until the same shall bo fuley paid and satisfied, at the rate of twelve per centum per annum, from the time of such demand, as aforesaid, and any branch, so failing to meet its engagements, may bo closed as in caso of insolvency.’* This section then, which, is tho most important in the wholo charter, has again been deliberately viplatcd; and ruch was the natural consequence of tho previous- management of the bank. tlovcrned by a very few, lending its credit to a few, conferring the great part of its loans, to a particular class, to a few towns and counties, it became difficult, when a change of limes occurred, to collect even a small amount of in debit to meet the demands against it— And it was of course pot only (he ihteie-n but the salvation of ihc directors to surpend, being themselves liable as principals and endorsers, to the amount of'a million of dollars*

Harrison In Virginia.

We lake the following extracts from the, Richmond Enquirer; that paper says they are taken fiom a'letter to a pri vate gentleman m that pity, written by one wher, only a few weeks tittuo, was an ardent Clay Whig.

'■.At the great whig festival in Washington Cityi given lu ihe rJouiliern H-triUbiirg Detrgites as they were returning hitniu, Mr. Chit, in the course oj lii« speech, said .the Naiiuii wav sirt, am) Harrison and Tyler wurejjpiiil m filednc* in cure it,'die. Now every dsy)« duvtlnpumeJil ul publie sentiment gnpe to slum- that mere is more truth in tula declaration of Mr U ay’s (It in some 1 were disposed to gi ve him credit fur. .Mr. Clay's “medicine,” has certainly b> en prompt and ictnro in Its operations upon the "body pohtir." HnS query} Has'nt it votked 4 different wjy frorif what JXuW Olay ami.'tpaiMl 'll i»?nUt ated as art emr/<c, ralher'ihan. as a cathartic! Like.Ilvdibrsi's gun, lias it not, ' •* Whether aimed rI duck nr plover, Kickwi-mdc, pud kiiuckc.1 it. ukult over,**

Extract!,—' “I Was alwayaopposej in llarrmi. —My vote in the doubtful ticket in 18 !fi Was ixprcsrly endorsed to be tor “Jndgp White, nttd ho other.” My principles liiflbrun every po>si-. bjv ground, and light and tint, and shade, Horn Ge:i. Harmon. 1 was present' in the-Senate ol the United Stiicsi when Mr. John Randolph' am) Gen. Harrison had thaUparring about their pulilies in ’99 and 1800—anil in .which Harrison ndnmipd (in March 1320.) that he approved phi John Adam's Administ rat inn. With the except ion of the Sedition Law, Arc. John Randolph charged home upon him on the petition of the “Fn*e Blacks,**.in which he recounted his, (Harrison's) conversation with Mr. Nicholas of Virginia, and Virginian politics, and Iicr negroe?, which Harrison" said vyas true, that lie was joking!” 1 change no politics, hat I will not vote for Uarri600, nor Tyler. If 1 felt interested in'tins contest"] could giye you aniiminitionTenough, and I. would not supply; blank catrtdges either. I have entertained such abhorrence of the men in power, that.] did not suppose it would be possible for.me to regrbttheif-substitution by the peril with his horns upon’ him, and all his imps in tho bargain. But I should regard the election of Gen. Harrison as the heaviest of all calamilitt that noto can i/Jall the country. } might take up my pen to thaw and pabyg it, if I had any means ofcommunicating fully and fairly my thoughts to the public,” *

Mulberry Trees i'ojf Sale. rplIE subscriber Ins nmlcr cultivation ten X? |hnu6aml .Mi>rus MuIiicauJis U f cs which )>• will sell -.al reason able prices. Allorders from a distance will be promptly untended to, patriot, •Switzerland county, Indiana. INGEKSOIrSMBBLE. 44—Cm

September?. 1639.

UNION HALL.

THE undersigned respectfully informs the ir - veiling public, that he' has taken this we ! knowjt tivern eland, situated on [the cornerrf Main and Ftrry streets, in the town nf Vevsj, and formerly occupied by John M. Kin;, Ex;. His (able and bar will be found well furnished with the best'tho country can afford, and his il«blcs nlenti fully stored with provender, aadatten ded by careful ostlers. By strict attention'to th* convenience and comfort of travellers, be hopes to give general satiifatiion, and receive a share of public patronage.

JOHN 3. ROBERTS. 13tf .

Feb. 09,1940.

0^7“ An extract .of a letter from. Elizabeth City county, Virginia, to a gentleman in .Richmond, says—'‘The- nomination of Harrison, 1/ assure you, is no go hero. Some of our leading whig* are •declaring.for Van Buren; among then, ate some men of great influence.”—Carolinian,'

Jtt the Probale Court of Switzerland county t Slot* of Indiana. February Term, 1640* Estate of IjVilliara C. Keith,decM. ) Notice of Margaret Keith, Administratrix. jImolvcncy. NOW coines.the said Adminiitrairix, by Keli-> her attorney! and filed her complaint in this behalf:—Slating* tho condition of said estate, both real and personal, and the amount of ({ebla outstanding against said estate; so far as the same have come to ber knowledge; and, that the ■aid Estate,‘both real and personal, ire iniuffi* dent ip-pay tho same—and praying generally for relief. •

(Concfutfof nesUeeek."]

Mom or “that BAus.”-iwe did expect that a Tew weeks would hive./miiArd the opinions of the whig press on their vast unanimity for'the hern; but they, come vthicker and faster.” Wc shall, however ) mit them to two a week until after Congress adjourns I = Read the.folio wing. The Georgia Sou them Advocate,! Whig paper says;

John Randolph and tfm. j|. Harrison.

That favorite eon of Virginia, the eloquent and paimotic John Randolph, was one, of the patriarchs of the democratic family. He’seldom made a mistake in uttering an opinion of men or measures. He foresaw and predicted all the evils which have flowed from tho incorporation of tho United States Bank,'and he never declared hlf enmity towards an individual hut lor some snfiiciont reason, plain to his own keen and penetrating mind, although not entirely manifest to the rc&t of mankind. He donounccd the coalition between' Adams and Clay, long before it was suspected bj? any others pftheir qotemporalies—hts judge me in' in the operation of the political machinery was unerring! This wonderful nun also possessed many Ingredients nf the highest grade of oratory—a copious fund of knowledge, a command of pare and forcible English word*, tranmh and sincerity of fueling—a learloss mind that never flmebud at obs:aclrs and always grew more rtsolule from opposition. Randolph, in )he palmy vigor nf hie faculties, sal in tUeSenateof the United States, while Mr. Harrison, the present federal cindidase for tho presidency was a member of thu body. The Allowing is an extract from a epeeclidolivered by Mr, Randolph in the Senate in the year 1826. The gentleman from Ohio, (0 whom he alludes; is the great federal- military and civil genius, who, according to tho nemom of. the federal (lang-whangan), ojrites in bis person, all the qualifies! juns ofEpaminondts and Sib rales, pf 8dpio and Cicero, But bear tho opinion of John Randolph)

, If is- therefore ordered bj fa id Coart, that tba creditor* of said estate ba notified of the failing and filing anil pendency of said complaint, by * publication for six weeks successively in tbo V-evay Times and Switzerland County Democrat, a weekly newspaper printed and published in said county; and further, that unless each creditors cf Mid estate notify the said Administratrix of the existence and extent of iheir respective claims, by filing the same, or a statement nf iho nature, description and date of the contract or assumpsit, upon which the same may be (minded, in the office of the Clerk of Ihie Court, previous in the fin?) distribution of tbe assets of the estate of said decedent, such claims aforesaid wilkbr* postponed in favor of the mors diligent creditors. And this cause is continued, i:c. A corv. attest EDWARD PATTON, Clerk, 13f

.“This* body of politicians have thought proper to present to the people the name of .William Henry. Harrison, an abolitionist. The course of the State Rights par y in this matter is very plain; it is a contost in Which they should lake no part.”' ' ,

. The suspension, however, is thought by some excitable and hy oihers commendable— and it has been defended as a measure ofpolicy—ofne-* ccssily. 1 . On this subject, much vague, indefinite, and inaccurate statement is made, and Innse fallacious reasoning js resorted to. The suspension ■s ascribed to the advances of tiro bank, on the public Works amounting In $035,OW; but if that would embarrass the banf;, hpw. much more would ilic.parmancnt loan, of imiro than twice that sum tp thu slocklmlders; if one bo cause of

And the Geo. Florence Mirror, another Whip paper, holds the following language: “Gen, Harrison is distinguished then on tc* count of his bravery and military skill at the Thames and other battle fields,, when 1)6 was fighting for the honor of the American (tig, and in defence of American liberty! He is distinguished fur his ardent attachment I” the-anti-slavery cause, for Ida Federal principle.", and the consistent advocacy of them; —for hts uniform opposition to ‘tho powers that be,’ and for tho \tnexprcted encouragement ho met t with at the last {’residential election to run a second lime!” . We call'thii pretty plvn talltaboilt HanisouV Abolition and Fedenl principles, coming as it does from whig papers.

sAspeneion why not thu otlicrT and which the principal! And if tho bisln have any light iu uorrmv money at all, of tho bank, she could certainly cUim, at least half of iho loans, made lo private stockholders, sines her stock amounts to is miicli as theirs, and was ticiuilly paid in specie and not promissory notes. Besides thu pay. ment of thu public works, in their immediate vicinity by tho brAches, enabled them to collect i largo proportion of it back again, debtors,.,who could not oUtir-

Ffb. 29,IB 10.

Hors 3 Bills

Four persons were recently married a{ Matthews'county,' Va, v;hose united height makes 23 feel. The grooms are each six feel six indies high and the bride*.six feet, Look out for a rac* of glum, ■ '

AT THE TIMES OFFICE, ' At the shnneil notice on! with choice of Outr* No job will be Mimed without the ctah tai!e±« »l the option of the editor*