Western Sun & General Advertiser, Volume 25, Number 10, Vincennes, Knox County, 29 March 1834 — Page 2

rrum mc i.yi"1'""- -,u i EDITOR'S CORRESPONDENCE.

Wa uivfiTOM City. March 10.1834. At no ncriocl. since the formation of the government, have parties been more deci -Jed. GCtlly arrayea against cacn otncr,tnaa ncy i are at present vet it is impossible to say what will be done, or what benefit the peoT)lc can possibly derive from the labors of their Kepresentauves. As yet I can apeak .f iK (-,M,rl.,,fn Anltr nn 4 Bin trip nnint tllHt I . . . w v.mh.uvui-v v. - 6"- r.' .. , f rented. This is conceded Cy a very large portion of the opponents of the administration. The movement of Mr. Webster in the Senate to-day, looking to the renewal of the charter for a few years can lead to no nractical result. A bill for that purpose tnav pass the Senate, in opposition to the 1 ' mi. rio, k.. .nnnn t.rw.i vlbJlCSUl 1UI. VldJi uui. iv vaiiiiut -.. - 1 the sanction of the House. In addition to this, I know that the President cannot be in duced. mider any circumstances, to approve bill to prolong the legal or corporate exis -tence of the institution. A correct view of the designs of parties here, may be of service material service to the mercantile community. Under this impression. I proceed to detail what I be lieve to be the leading objects which the se veral parties are striving to attain Congress may be said to be divided into five parties the opposition embracing the :iav. Calhoun and McLean parties hile the friends of Mr. Van Buren and Col. R. 3W. Johnson adUere to the administration. Mr. Webster has a few friends in the House, and may be said to hold me naiance 01 power in tiie senate oui ne is nui acnuunj 11nug.1t ot tor tne presidency. y u.c c f r- ., 1 . .1 posite nuestion, all tue tnends ot Mr. ay L.i m,L rK . f Tr r.aihn.in unci Judee McLean, act iu concert. They are all anxious to obtain a triumph over the administration and the adherents of the two first namen gentlemen, wun a poriion 01 mtiuilowers of Mr. Webster, have evidently a.1 r .url g-eaioKeep up me oann cxiia-u i line the next ca.ivass for the presidency The bank qutstion is to be kept up tne bank i to be made the all-absorbing topic of discussion in a word, the influent c of the bank is now relied on, and will continue to be relied on, by those who are seeking to put down the present administration and to subject the country in the sequel to the power of the Mimmoth. Under this state of things what can the mercantile class expect? The administration cannot yield the opposition are determined to continue the controversy. The democracy of the country feel convinced that a triumph on the part of t he bank must inevitably insure the prostration of American liberty; and the opposition know thc-y must cease to be able to annoy the administration whenever the bank maybe withdrawn tromthe contest. Sucti are the convictions under which the two parties are operating. 1 his remark I know to be correct, and, of course, 1 cannot perceive how the Bank question is to be settled at the present session of Congress. In the mean time what do we behold? In N. Orleans the Branch has increased its dis--counts in the last four or five months while a steady and stern system of curtailment has been adhered to in Cincinnati, Louis ville, Nashville and St. Louis. According to the political ethic of the bank, Louisiana is orthodox. Her Senators and Represen tativ ts arc all opposed to the administration. 'Nothing could be gained there by rppressir the merchants nd the branch at New Orleans has been permitted to extend its business. This single fact speaks volumes. Jt demonstrates that the 'Bank is- playing for political power that it is exerting itself to coerce the refractory democratic States to .yield to its demand for a renewal of its charter. It looks to the advantages it would derive from a perpetuation of the monopoly it etijovs, and to accomplish the object it Jas i i view, it is oppressing the mercantile class with a view to operate on Congress Jt is grinding its friends its best customers bankrupting those who have sustained it in a wild and hopeless effort to overthrow the democratic pa' ty. This remark applies to New York. Virginia, Maryland, Ohio end Kentucky to those States which are partly or mainly represented by men friendly to the administration. In South Carolina, merchants have had p.o cause to complain. There the dominant rat ty is as hostile as can be desired, not only to the administration, but to the institu tons of the country. I he nullifiers were understood to be in the market ready to surrender their constitutional sciuples and the bank has found it convenient to furnish .hcm with an abundant circulating medium There has been no curtailment m South "Carolina since the compromise on the tariff question took place between Mr. Clay ani J Mr Calhoun. Is this fact worthy of notice? IWs it indicate that the bank is dimitiishing its business regularly throughoat the country with a view to its own safety or that it is -iviuririg ufi?' Or dees it prove that facilities are granted or withheld from merchants in r-rvler to effect the votes of their Teprescntatives in Congress? Men of intelligence will know how to answer these inquiries. No man can regret more sincerely than 1 tlo the pressure now felt by the merchant cf the West. -They certainly do not deservt to be thus punished for the sins attributed to the administration. They ought r.ot to be sacrificed to ensure a renewal of the charter. They borrowed from the bank when she was anxious to make loans. It Was no part of the tacit understanding between the bank and her customers, that the money thus loaned was to be called for, if the coursr of the administration should not 'happen to be approved by Mr. Diddle and l. associates in Philadelphia. Judge McLean is scarcely thought of here ts a candid -ite for the presidency . The leaiing politic ians-seem to agree in opinion that he was 'lakl on the shelf when he received the office he now holds. Mr. Clay is evidently striving to induce the different parties cf which the opposition is composed, to take him up but it is not certain that he villsurceed. Though he surrendered in ihecooipmm'ksc' all that was demanded by the Nullilters, many of ihem are vet opposed to him, and a considerable portion of the Southern members now k-w him a a Jis turbcr of the public peace. (lovernor Wolfs message, and the vote in the L?gislatuie of Pennsylvania on Kea-V-'s's tcp rt, may be viewed as indications mi feat v ill be the final determination cl

the ktv.ttnne Stat in relation to the ban: I

anu it is now atceriaincu inai a majority m i the Virginia member will oppose any bill j tor renewme ner cnaner. -inewe 'the days of the Mammoth arc numberTna Experiment. It if said with (much confidence that the Planters' Bank nf Mississinni hns stonnnd nnvmnnt. This - - r r - rr-- y fa k Government depo1 eit trt thonmm.nt r.t n m nn nr mnfR. were committed to its custody by Secrctary Taney. It became necessary, however, in a tew snort months, to tranier uic greater part Gf tui9 to Atlantic cities; f-np kt nurnnsp imle to sustain the appear. . , ine mean unio, mis rwmen. extended her business, and when tne go1 -- . ernment oralis are prescntea 10 transit the public funds East, whether by virtue 0f appropriations made by law7- or not, rumor saith not; but it says the transfer drafts could not be honored, or in other words, that the Planters' pet suspended specie payments instantly. "Tiie Planters' Bank. Within the last two weeks, various rumors have reached us of the failure of the Planters' bank, of Mississippi. These rumors, we presume, are not yet true, but there is ev erv probability that they trilbe in a few days. A member of the bank Directory wntcs that they have not the means ol nav:nrr ,up nnimmi ,,f ihn finvfirnment de t"J " " - -. ... . ,adv come into llieir r j ,. k . , hands, and we learn, from unquestionable authority, that they will never be able to pay it. Thev do not even contemplate the vos$ibilitv of such a thing during the ? " r. .. . . " continuance ot the existing pressure. Th( -y and a half of revenue, which fa hftv receive( and d m ht sofar - 1 11 as the government is concerned, as well be in the bottom of the Gulf ot Mexico. It isZo.sf lost beyond redemption; and other millions in various parts of the Union will successively follow it to "the bourne whence no traveller returns' Let the public money be left to the management of the local banks twelve months longer, and our insolvent government may beppeak lodgings at the aims-house." The above paragraphs, the first from the Lexington Intelligencer of the 18th inst. and the last from the Journal of the 19th, are both intended to effect a kindred ob ject: to ruin the credit of the deposite banks to dnvo their notes lrom circula tion and to increase by every means the Mistress' which these presses hypocritical ly pretend to lament, but are straining cv cry nerve to increase. Poindexter, the degraded Senator from Mississippi, origi nated in the Senate of the U. S. the slan der which the Lexington paper is now re tailing. He has been compelled to admit its falsehood -but as this fact is not gen rally known, the bank presses will contin ue to use it until they arashnmed No until they can gull their readers no longer. The letter of the Secretary of the Trea sury to tho officers of that institution, dated Feb. 19, 1831, communicated to the Senate of the U. S. March 4, 1834, in an swer to a call from that body, shows that notice has been given to the Planters Bank of Mississippi, that it will be r quired to transfer $50,000 to New Or leans on the 1st of May, and a like sum to the same place or Nashville on the 1st of June, and informs the Bank that he had no intention of transferring any part of the deposites to the Atlantic cities. What has occurred since the date of that letter to break the Planters' Bank? At the date of the Secretary's letter, the public deposites in that institution amounted to $992,51$, and they are not required to transfer a single cent to any other bank until the first of May next, and even after the second transfer in June, they will still retain about half a million of the public funds, exclusive of those which accrue between the date of the Secretary's letter and the first of June. How rapidly the Journal jumps to a conclusion it first 'presumes the rvmors arc not yet true and immediately says, "It the putdic de posite is o.H lost beyond redemption." I hose ot easy failh may believe that 1 'director' of that bank has written a let K?r stating "that they have not the means of paying the government deposites already in their hands,' and that that editor has learnt "from unquestionable authority that they will NLV Lli ' be able to pay them, and "do nt even contemplate the possibility of such a thing during the present pressure;" but the holders of the notes of that bank, if there bo any such in Louisville, if they do not wish to be laughed at as well as duped, will not allow the brokers to shave them, on the authority of the Journal. They may rely 011 one thing, that those gentlemen wiil not buy the notes of broken banks at lowdiscount. Our latest papers from Xatchc? and Xcic Orleans hmt at nothing of the hind. Louisville Pub. Adc. The Journal says it presumes that the rumors about the failure of the Pinters Bank "are not yet rrc, but there is every probability that they trill be" This reminds us of a gentleman who sent his servant into the woods one morning before dav light to catch a horse which had a bell

on. Being in a reat hurry to use the j last come t the object of the petitioners horse he followed the negro at a small dis- j and of gentlemen here; it is ihe rechartance, and kept every few minutes calling; ter ot the bank. And that no difficulty out, "Tom, doii't you hear that bell yei?'M might arkc as to himself, he would disTom answered in the negative until he . tinctly announce the terms on which his found his master wa getting angry , and 1 aid would be nven towards that otiect.

then, to tho oft reiterated question of

"Tom. don't vou hear that bell vet?" ha (

ttawieo ui '.o, sir, out 1 fnoft iimn 1 hear IN SENATE. Monday, March 10, 1831. Mr. Silsbee, after a few remarks, presented a scries of resolutions pasted by the Legislature of Massachusetts, com plaining of the state of the currency of the country, recommending the restoration of the public dcposites to the Bank of the united fetates, and praying the recharter of the said Bank. Mr. S. asked that the resolutions might be read, referred to the Committee on Finance, and printed. Alter they were read Mr. Webster said he fully concurred in the sentiments expressed by his colleague. These resolutions were undoubtedly the opinions of the people of Massachusetts; in every town and parish the removal of the deposites was disapproved ot, if not severely reprobated. And himself and colleague would not be the true representa lives of Massachusetts, if they did not hold language clear and strong, that the cause of the distress was tube found in the removal of the deposites, and if they did not deciare, in her name, tiiat her interests were greatly injured, and the distress on ail parts of her population was deep and severe. She expected tbeni to sav this, aud also to say, that they look to Congress alone for prompt relief. In one of the reso lutions, an opinion that a National Bank, und the restoration of the depositee, are the appropriate remedy, is intimated. Ii was now several weeks siuco he had given a pledge here that he would submit to th' oenaie some measure ot relict, it was now three months since the existence of a pressure was asserted. It was then deni ed, but now no one serious' v denied or doubted the alarming s ate of the country. He could not but suppose that the Execu tive saw and lamented the distress; but yet no new remedial measure was propos cd from that quarter, except the experi ment which was going ou, and it was fair to receive ihe late report, mace by the Co mittee ot Ways and Means in th oth House, as a manifestation of th-.i t vie of the executive, made in authentic languagcand having the merit of being unequivocal, that the deposites were not to be restored, and the Bank was not to be rechartered. This being the case, it seemed to him time to redeem his pledge the subject had been before the Committee on Finance and he was authorized to say it met the ap probation of a majority of the Committee He therefore gave notice, thai on Mondaynext he woald introduce a bill for rechar tering the bank of the United Stales for some limited time. He saw the difficulty attending such a proposition, but his sense ofdutv would not allow him to shrink from the effort. He had two objects in view in submitting this measure. The first was to give to the community prompt relief, and this it was the duty of Congress to do He knew of no remedy but the restoration ofthe deposites and the recharter of the bank for a limited time. And when he spoke of prompt measures, he laid out o the tpiestion a new bank: because that could not be done before thc4tk of March 1830. The remedy proposed would be a prompt and efficient one. Secondly., a great object to be regarded, was, to propose measures in such a liiht as to conciliate any thing and to give up every thing, so that the object could be attained, and relief given such measures as the whole country would say ought to be adopted. When he considered the present state of opinion in the Capital, and entertained by the Executive, he was convinced that any measures proposed would be attended with difficulty in their accomplishment, and should be submitted to the people, and receive the destiny of the psople; and under the impulse of intelligence in the community, which would be sure to be attracted to any such measure, full attention would be given it; and his only hope and wish was, that their decision would decide thisquestion. His opinion, also, was, that while the present state of things continued in the country, the adjournment of Congress ought not to be thought of. Our constituents would not, and ought not to welcome us to our homes till relief shall have been given. We have the power ofgiving relief, and they look to us for it. The State Governments are not competent to it. The evil arises from political action, and the remedy must be by political action. No vote of his, therefore, should be given to vacate our scats here, or to consent to their being vacated, till something efficient and satisfactory be done. Mr. FORSYTH said he congratulated those who were constantly pouring in their memorials, that their prayers were at last likely to be heard and to be attended to by the appropriate organ ot the Senate. Not one petition had been presented which had not urged that prompt attention to the subject was necessary. The honorable member from Massachusetts had said that we were not permitted to speculate. But such had been the present progress and condition of things here for three . montns, there has been nothing bu speculation. Wo are told legislative action is necessary, and yet we are to speculate an other week, and then we are to have the proposition. Why not submit it now? ! After a dolav of three months, we are at j First the interest must be reduced toil vol

ner cent nett the nowr of the state aov

9 ernments to tax the funds of the tank in cav.ii ui mc suites nuiTiu eiiuaicu oii"ui" be distinctly recognized, and the vexed question of the power of the Government Directors, must be distinctly understood, and must be admitted to be what the Pre sident understands it to be. It could not receive his approbation without a greater control over it, were given to the govern ment than was contemplated in 1816. It was with surprise and regret that he heard the announciatton of the honorable sen tleman, that we ough to sit here till the existing distress should be relieved. - Were we to sit here till August to Septem ber, to compel the House of Representa tives or Executive to action! Were the co-ordinate branches of the government to submit their hisrement or behests? He nought it passing stange. And mora es pecially so, when we were told that the state governments possessed no power o relief, but that it j-ts in us alone who hold all the power we possess from the state coverment. But are we to be told 1 he state governments do not desire retiet: Can anv man shut his eves to the fact,that he majority of the state governments, and of the people, have said that this bank charter shall cease to exist? It Uietact were otherwise, and the people say it hall exist, it will exist, and provision could be made for it two years hence. tnd it appeared to him, that the object of the honorabe gentleman -as to -arise a question which was tube settled two years hence. Mr.F, beheved the question was daily settled, and he believed every ef fort which was made to raise it, only the more strongly confirmed it. He trusted we should not sit here till August and September, when this question could be as well settled at home. "ff N consequence of the death of my jj, partner. (Mr. Samuel Tomlinscn,) it becomes indispensable that all unsettled accounts due the late firm of Tomlinson ind Ross, should be closed immediately. This is therefore to Give Notice, To all those indebted as above, and by note, to call and adjust the s line without delay. The business will be continued bv the undesigned, for the purpose of disposing of the goods ou hand, and closing the business of the late firm. The stock of goods on hand is extensive, and embraces almost all articles usually kept in stores in this country, and were purchased but lately in Philadelphia, all of which will be sold Wholesale or Retail, at reduced prices for rash. No other but prompt payment would suit at this time. JOHN ROSS, Surviving Partner of the late Firm of Tomlinson V Ross. Vincennc?. March o, 1831. 7 tf OF TIIK STATU ll.VMv OK IXHIAXA. TM OTJC is hereby given , that Books, X( for tho subscription of Stock in the respective Branches of the State Bank of Indiana, will be opened at the following places, for their respective Districts, on the seventh day of April next, by Commissioners appointed by the Directors cf the State Bank; and said Rooks will be kept open, between tho hours of 9 and 12 o'clock A. M. each day, for the space of thirty days thereafter- (Sundays excepted,) and will accordingly be closed on tho tenth day of May next. In District No. 1, at Indianapolis, in Marion county. In District No. 2, at Lawrenceburgh, in Dearborn county. Jn District Nn. 3, at Richmond, in Wayne county. In District No. 4, Jefierson county. I11 District No. 5, at Madison, in at New-Albany, Evansville in Vincenncs in Floyd county. In District No. 6, at Vanderburgh county. In District No. 7, at Knox county. Jn District No. S, at Bedford in Lawrence county. In District No. 9, at Terrc Haute in Vigo county. Jn District No. 10, at Lafayette in Tippecanoe county. By order of the Board of Directors Of the State Bank of Indiana. February 14, A. D. 1S31. JAMES M RAY, Cashier. Office of the State Bank ) of IndianqJIndianapolis. DJOT2C3 IS hereby given, that I shall apply to the Board of Commissioners for the county of Posey, in the state of Indiana, at their September term, one thousand eight hundred and thirty-four, for the establishment of a FERRY across the Wabah river, opposite, and near the north west corner of the north west fractional quarter of Section thirty-five, in Township number seven south, of Range number fifteen west, of the lands directed to be sold at Vincenncs, Indiana, lying in said county of Posey. DAVID BENTON SEARS. February 12, 1S34. C-13t Rags ! Hags ! Hags ! CASH, ov WORK, will be given for any quantity of clean Linn en cc Cotton ACi at the wisterw sun office.

BLANK DEEDS 703 SALE AT Tin QWItf?.

The beautiful, high blooded

Young htallion, Will stand the ensuing season at the subscriber stable, in Mount Vernon, and accommodate visi tors on the following terms: Tea dollars the single leap, payable atlha time of ser vice: if the mare should not prove in foal she can continue the sessoa bv paying Se ven dollars at cr return ; r fcsn dollars payable bfore the expiration of the sea son; Twenty dollars payable the 25th day of December next; Twenty-Five dollars to insure a mare in foa1,payable as sooa as the fact is ascertained, or the property changed. Pasturage will be furnished and marcs grain fed at seventy -five cents per week. Particular care will be taken with, mares, but no liability for accidents of any kind. The season will commence tho first of March, and end the first of July. V note will be expected with each mare from a distance. VALIANT was selected from a multi tude, in the vicinity of Gallatin, Tennes see, which is emphatically the land of fin horses in the west; he is fifteen hands three inches high, four years old last spring ; a rich bay, with black legs; his highly finished head and ears, lofty appearance, great strength of shoulders &. body, round hips and tapering thighs, broad hams and flat bony legs, must be an acquisition to Indiana. As such, he is offered to tho public as a breeding stallion. Although his racing fame is not on tho wing of every breeze, still he has always kept good company, being beaten only in two public exhibitions, three mile heats; he then led the field more than two-iliird9 the distance, theu gave place to a half sister in cne instance, and a cousin in the other. He was tiie contending horse on both occasions, and for both heats, and on ly beaten a few feet in both cases; he at the same time beating a field of reputed good racers, Stockholders, Timoleons, (Sec. &c. It will be perceived by reference to the certificate of pedigree that this young horso has two crosses cf col. Elliott's old Top Gallant, a son of Gallatin, bT the imported Bedford; his dam being by Top Gallant, his grand dam also, which was the dam of Tonson, Richard, Henry and Champion. 1 would say to all well wishers of ;his branch of internal improve ment, come and see this beautiful young Stallion, if you cannot come, send your mares, and thus prove your theorv by practive. J. WELBORN. Mt. Vernon, la. Feb. 15, IS-!. 0-lUt We do certify, that VALIANT was got by the noted race horse Sir Richard, lie by JPacolet, Pacolct by the imported horse

Citizen, he by racolet ol England, he by Blank, and he by Godolphiu Arabian. Citizen's dam Princess, by Turk, he by Kegulus, and he by Godolphin Arabian. i His grand dam, Fairy Queen, by Young Cade, he by old Cade, and 'he by the Godolphin Arabian. His great grand dam, Ruth's Black Eyes, by Crab, out of tho Warlock Galloway, by Snake, Ball Galloway, Curwan's Bay Barb. Pacolet'a dam, col. Epps gray marc, byTippooSaib. She was also the dam of several fine horses, among them was Palafox, Wilk's Wonder, Scc. Pacolets grand dam, by Brimmer, he by the imported horso Valiant, &,c. His great gr. dam, by Bali raham, his great, great, gr. dam, by tho imported horse Joliy R .ger. Sir Richard's dam, Madam Tonson, by Top Gallant, he by Gallatin, he by the imported horse Bedford, out of an imported mare by Membrino, Bedford by Dungannon, one of the best sons of the celebrated English Eclipse. The dam of Top-Gallaat, by Wild Air, he by Fearnought, he by Regulus, and he by tho Godolphin Arabian. The dam of Wild Air, by Jolly, out of th imported mare Kitty Fisher, &ic. Jcc. Thus it is evident that Sir Richard has descended from the most valuable blood stock, including that of Citizen, Gallatin, Medley, Wild Air, Fearnought, Jolly Roger, Valiant, Old Partner, ccc; and goes directly back in all his crosses to the most approved blood in England; particularly to that of the Godolphin Arabian, of which celebrated hirse he partakes oi more than a dozen different crosses. Sir Richard's racing fame has never becntarr nUhed by defeat, though he has run many races, aud is said by his keeper never to have been put to the top of his speed. VALIANT'S dam was got by col. Elliott's Top Gallant, a son of Gallatin, her daai by Andrew Jackson's old Truxton, son of the imported Diomed, her grand dam by Turk, a son of Dr. Barry "s Gray Medley, her great gr. dam by' Reuben Cages's ch. stallion Rinaldo, a son of Dawson's Mouse Trap, a son of the imported Mouse Trap, hr great, great, gr. darn, by Wild Air She was esteemed one of tho best marcs in the country at that day. The Truxton mare was esteemed of equal value to Madam Tonson. The Top Gallant mare was valuable, haviag produced many good foals, among thern ALIANT, above described. For Truxton' pedigree see American Turf Register, vol n.pU59. Given under our hands, in Gallatin, Sunu ner county, Ten. 15th Dec. 1833, Hardy M. Cryer, G. ?. H,7mWf Jlezekiah Uouse, Tftcnas Foxall 11. S. Wilkinson, Jesse Gambling clszutg Disarms. JOT PRIATED AMD FOR 6Af AT THIS QFHCi