American volunteer. (Carlisle [Pa.]) 1814-1909, October 17, 1839, Image 2

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AMERICAN VOLUNTEER.
CARLISLE:
THURSDAY, OCTOBER IT, 1830.
OIJJS. FJLiBG. -..." '
‘‘Now mil - flag is'flurtg to lliewild wind Iretr
Let.it float o’er oup 'failur land,’’
■And the guard of its spotless fame shall be, -
' Columbia's chosen band!"
FOK PRESIDENT IN 1840,
MARTIN VAN BUREN,
AND AN. '
INDEPENDENT TREASURY.
An accident happened our press last week, when
wo had about__pne-halfour edition worked off,
which will account for tho non-rcception of the
Volunteer by so many of our subscribers. •
■AnoOitr svtptnsinnnf Specie Par/mentc, —Our.roa-
ders ere this will doubtless have learned with ns-
tonisbmont that tho Banks'effthis Commortwealth
afterxa specie-paying interval of fourteen
months, again refrfsed to redeem their promises
to pay” in the legal currency of tho country.—
What is the cause of this sccoiid suspension, or
what “dire necessity 1 ’ forced those Institutions in
to this ruinous measure, no one is able to
Even the warmwt friends 'of Ahe system aro divi
ded in opinion on tills subject, and aro casting a
bout for oxt&scs to divert public odium from fall
ing severely on the heads of tbosq_who are thus
disposed to sport with the feelings and wishes' of
the people. Oho thing appears to bo conceded on
'all hands, that there is something radically defec
tive in tho whole banking system as at present
cbnducted—and tho necessity for ffeformis not de
nied by a single individual, bo he frieild or foe,
with whom wo have conversed the subject. .
The country hanks, wd believe, aio, with but
few exceptions,, on 'safo footing; but their interests
Appear to bo so intbnvoven with those of tljc city
banks, that they, like more automatons, are con
trolled at will by the workers of tho machinery in
the marble palace at Philadelphia. * If, ‘the; Bonk
of tho United. States, through*necessity, is obliged
to suspend—the country banks, forsooth, must
suspend too! If-that overgrown choo-
ses to contract or expand its issues or discounts,
the little ■wbippers-in from ono end'of tho-com
monwealth to the other must jump into the traces,
and pull lustily-for their master, iftheydonot
caro io bo scourged to death for a mere show of
disobedienccl Is this right] Is.ilpropcr'lhatthc
interests of the community;—the working classes
wo mean—should bo'made to suffer, merely be-
cause an unprincipled cabal of brokers, shavers
and bank directors in Philadelphia,—choose to
tighten the screws jn the complicated machinery]
Must the great body of the people of this<Vnighty
commonwealth have their property—their calling
—their ALL, placed at tho mercy of a soulless
monied : r "
How long the present suspension is to last, time
\vill determine. Of ono thing wo feel certain—
and that is,Mhat with a democratic Governor, and
a democratic majority in both branches of the Leg
islature, the rights and interests of thcpeoplc will
be well protected, and the proper corrective to this
’evil of the times applied. The Governor has al
ready taken his stand on ,the subject of tho slim
plaster currency, and, when the proper lime ar-
Vives, wo have not a doubt that he will recommend
‘to the Legislature for its adoption such measures
as will hereafter protect tho people from bank mis
rule and tyranny*
■ Change,- —Tho Carlisle Bank continues lo pay
<oul specie for its $5 bills, for the purpose.of cHarigeV'
" ’This is right and proper, and so long as this insti
tution evinces such a disposition to accommodate
the"public, wo have no doubt that tho community
will feci bound to ln the meantime we
woultf.say, that, under existing circumstances, it
\vould be calculated to‘do no good, and might be
attended with injury, tomakearun upon the bank,
<evcn with her $5 bills. The evil of a suspension
id now Upon us/ and all wo should desire, Q while
' this state of things continues, is to keep a suffi
cient quantity of specie in circulation for the pur
pose of, change. This can easily bo done.by a
mutual spirit of concession iind forbearance on the
part of the bank and Ihepcbple. If the bank will
continue to lend her aid in keeping the community
«npplied with change, We trust that those having
'Specie in their pockets will show a disposition' to
let it circulate freely. Thus all will be benefited,
without oppressing either tho bank or the people-.
The Election . —By reference to the offi
feial returns, of the election in'tb-day’s paper,
it will.be perceived that **.ol d Mother Cum-;
berland”. has hot been: behind -her sister
tountjesln the good Ayork of democratic ter
generation. 'The vote was very small—a
.i bout 1300 less"than;last year—yet the l ma
: jority> it will be perceived, on the Assembly
ticket, (the test Vote,) is nearly 800* Last
the Inqjdrity-for Governor was 'only
,427. Had thci*c been a full turnout of. the
voters Bus fall,, oUr majority would have
been, at the lowest calculation, 1000-, ■
Thus, it will be perceived)'that the good
people of this -county,..have na-sympathy in
- common with the .‘‘bdcksliDt and ball” 'gbn
tjry> whb/jgtiught'io' Sefratfdthefree citizens
of/Utifl l ipqmmonwealtli out .of their rights,
aricPdragqon' them, into .'submission to their.
7 ?: infiimous conspiracy at the point of the buy
j; -onet.-Old Cumberland has spoken in atone
/{■ of thunder to the bloody-minded Triiimvirs,
>, and her voice must full gratingly upon the
,-i. ear ofher own craven-hearted recreant. . -
r • ..AVill CharlesJJ. Penrose still continue to
hold his seat contrary to the-wishes of the
people of his district? AVill v ho in defiance
. ' of popular opjnion, still continue to mis-re
- - , present thS'jpeople,of Cumberland, Pranklin
nnd.Adams Senate of Eehnsylyama?,
TVe called-upon him to resign,.immediately
after the result of the special election last
when there was .a m.ajo
s rity of 228 in ,the district against him; and
repeat the demand,, bached as .we
||o^|ise,^y!.b'democrti66;nijjoritjr o 6. , '^ l 900.
repeat the him tit;pnce resign,
ohooses.'runoyerthecourse
jbo -Attl^urt^JpO-ma
- ■£=• ’■ -v.i;
OFFICIAL. RETURNS
OF THE ELECTION HELD ON TUBSDAV TIIE;BTH OF OCTOBE&, 18i3®, IN
CUM B E REA N D o*o XJ NTT.
- .. * .... .... - „ j..
e 5 *5 ' Mv *a « -2 - S ■
-3,—§ --3 S.
2 "F" a.' 'is -H S S
*S g t 3 g. «
o ■ m ,3 o a- s
ASSEMBLY,
Ibr'm S. McKinney', 706 3Sls 179
ohnZimmerman, 701 369,174
Samuel Piper, '- 48i3'310' ,119
Jacob'Shclly, __ _475 201 131
, . PROTHONOTARY,
Geifirgc 'Sanderson, 602" 369 173
William M. Porter, 518 211 13-1
•REGISTER, , ' .
Isaac Angiicy,
John Halbert,
<572 355- 151 •
503. 215',. 139..
RECORDER &CLERK OF THE COURTS,
Willis FoulTiy 630 373 172 81 85
James Nohip, 195, 51 33 23 3
♦Joseph-BaurpniV' 338 ' 145 90 29 150
COMMISSIONER,
Alexander Kerr., 702 " i 376 155
John CUppinger, 480 20(5 144
DIRECTOR OF THE POOU,
Samuel Boldest tiBl 373, 173
Win. M. Hcijdcrson, 498 209 12G
AUDITOR,
Thomas 11, Britton , 600 365 179
Lewis H. Williams, 491 21G, 110
' Democrats in italic . •
- # Volunteer Democrat.
NEWVILLE DISTRICTV
* *o
' -a on
• ■ iZ H
S t 2 *j ' a i
o rr; c o m
a- - « S ,• ' S
fc -to S■s? ■- H
Assembly,
76 45 102 97 -381
72 45 101 94 369
44 18 39 73 , 210
44' 18 38 70 204
M’Kinney, ' 61
Zimmerman, 57
Piper,. S’6
Slielly, -'34
Prothonofctri/,
Sanderson, 58
Porter, S 7
, IRegister,
71 45 101 94 369
48 18 40 71 214
70 , 45 100 86 355
47 18 41 71 215
Angney,
Halbert,
Rccord&r, fyc.
Foulk, ' 61
Noble, 10
Bauman, 1 7
' Commissioner ,
K/err, 61
Clippinger, 34
70 .44 100 97 372
10 , 4 19 11. 54
37 14 21 56 145
74 46 99 95 575
44 -17 40, .7.1 20G
Director,
Eykles;
Henderson, S 3
Jluditor,
59 74 45 100 '- 95 373
45' 18 40 ,7T 209
rs 45 99 91 365
46. 18 41. 73 ■ 2,16
Britton, 57
Hams',' S 8
The 'Suspension—The Governor's Letter, —-By
reference to another column, our readers .will per
ceive that Gov. Porter, with* that promptness for
which'he is remarkable* immediately upon the
suspension of specie payments by the Banks, ad
dressed a letter to .the Attorney General, requiring
him to take instant measures to enforce the laws
and protect the community from another inunda
tion of the abominable shinplaslcr currency. The
Attorney General thereupon addressed a circular to
each of his deputies throughout tho Commonwealth,
enjoining it as a duty devolving upon them to en
force tho law in every case where an attempt is
made to violate its wholesome provisions. - This
prompt and efficient interference on the part ofthe
Executive, at onco’scttlcs tho question. We shall
have no shinplasters—thanks to our democratic
Governor.
Vi Repbrta arc Hie that tho United States Bank,
'/tfhich .was the very first.to suspend, will not be a
,blo to resume the payment of specie. It is confi
dently.,predicted that that mammoth institution
will shortly burst the boiler, and with its fato. in
volve the destruction of all tlie fond hopeq of the
federal, whig party. Tilings look squally in that
direction—Jirst, Mr. ..Biddle’s. retiVacy—secondly,
tho issuing of post notes payable one year after
date—thirdly, its drafts on New York and in Eu
rope dishonored—and, fourthly, a suspension.—
All these things considered; as having followed
each dthor-in-rapid succession, andtbepublionccd
not bo surprised if the next movement is a
pulsory winding up of its multifarious monetary
transactions—in other words, the next intelligence
may be that this great “regulator of the currency”
has gone by the board.
The -Banks of-Philadelphia- suspended-specie
payments the next morning after tho election.—
Why did’nt they set public- opinion at defiance the
day before, and not wait until after tho people had!
spoken at the ballot boxes? The reason is obvi
ous. Had, they suspended the day before tho e-1
lection, the democrats would have carried the city
as well, as the county, and Would have driven back
the array of bank directors and their dependants
with confusion and dismay into the gloomy, reces
ses of iheif own polluted caverns. '
. Pennsylvania Elections*— Truly has the Key
stone State responded to the call of her sister states
to keep the ball in motion.. Such a flood of victo
ries has never before poured in upon us, as the dif
ferent counties, one after the other, tell their
ing tale. .In many counties where the federalists
have heretofore carried by largo majorities, the or
der of things is completely reversed, and democra
tic .Victories ate made j»r^®4ho ? place—whilst in
the strongest holds of tlid enemy, their majorities
are now merely nominal. We have no means yet
of knowing with' certainly the ,strength of the party
vote throughout the State, but believe that the de
mocratic majority will not fall much short of 60,*
.000.’ 1
John 8.-SteUioeke, Esq., the democratic
candidate for the Senate, in the district cppi
pbsed of Chester, Montgomery & Delaware,
is elected by about 1300 majority. This
district,was considered and upon
the result of.the election there,’,the political
complexion of the'next Senate
That branch of the Legislature will notV
stand IT.democrats toTG: federalists—
sequently Mr.., Jump-out-roßrJhe-windovy
Penrose will have to yield the. Speakers
chair to a more honest man.
, i yi t f nexf;H6hso- ofi Repiesentatlt'est-will
stand abput 70 democrats to, 80 federalists! |
■Truly the fcey has covered her- f
self all'over with.glm'y. - r : . --n,
1 Tlie. deihocVatic. .major! tydn’the epunty
Philadelphiais’near.lydoo'o!
123
192
115
115
04 205
05 • 30-7
50 53
19 54
9G 101
95 159
43 - 82
44 77
67 194
58 59
88 123
49 113
58 102
57 73
87 130
51 113
57 177
20 0
38 01
03 205
53 53
94 150
45 .84
03 204
53 54
95. 157
45 84
02 ■ 202
53 54
95 J 54
44 85
SHIP PEN SB VRG.
; e
p S
J=> PL
m a
a g
gj 2 j
C. <5 *5
.£• a t
_rr o - o
M w H
118 61 . 179
.? 114 60 174
85 34 119
86 35 121
113 60 173
89 35 124
, 95 56 151
162 37 139
113 59. 172
19 14 S 3
69 21 90
99 56 - 155
105 39 144
114 59 ' 173
90 36 126.
120
85
SUSPENSION OF SPECIE
. PAYMENTS. ....
In-accordance with previous notice an un
usually large meeting of the citizens of Car,-.
lisle ami its vicinity; convened at the pub-"
lie hßuse.oF Win. Si Allen, on Saturday e
ycning the 12th ins|. for the purpose of ex
pressing their opinion on the conduct of the
Banks,-and on the subject of the emission of
.pinall bills, when the following r,dicers were
appointed, viz:—WILLIAM LUSK,,Esq.
President, John Corn-man-, Esq.-, S. Wun
derlich, Esq., Isaac Todd, Esq., [ton cut
Moure, sen., John Myers, Esq., & Andrew
Kerr, sen. Vice Presidents, and //. Ganl
laghcr, Esq. and Robert Moore, Jr. Secreta
ries. The meeting was then addressed by
the Hon. Win. S. Ramsey, aftei; which a
committee consisting of the -Hon. Wm. S.
Ramsey, Jason W. Eby, Esq., Robert Snod
grass, Esq., Peter Gufshall, George Math
ews and John Irwin, Esq. were selected to
draft a preamble and resolutions expressive
of the sense of the- meeting, during whose
absence Hugh Gaullagher, Esq. addressed
the assemblage. The committee then re>
ported the following which were unanimous
ly adopted: ,
Whereas, A crisis has arisen in the mon
etary affairs of our country, that calls for an
immediate and decided expression of public
Opinion, as to the manner in which the evils
that threaten us from a corrupt system;of
banking afe fi) be averted. Therefore-,
Resolved, That we view with alarm and
indignation; a second suspension of specie'
payments by,the Banks of the state of Penn
sylvania, at a period when oUrFarincrs and
Laboring men,were by honest thrift and in-’
dusliy enjoying in a supetrabunilaircc-of the
products of the soil, mor-eithan ample means
to meet all their pecuniary engagements. -
Resolved, That we deem the policy of
suspensions of specie payments by the banks
at all times , ruinous in .their tendency, Snd
calculated to aggravate a thousand fold the
evils tjjey pretend to remedy—and, we. be
lieve, at the present moment, their true pol
icy \ypuld have-been- to"haye-paid: out" the
whole amount of specie in'their vaults,' and
thus by evincing a .disposition to meet the
demands if their creditors, to merit the con
fidence and sympathy of the public.;
Resolved, That we deprecate a return to'
a miserable shin plaster currency, such as
polluted oiir. land after the suspension of
1837, and that as advocates of the SUPRE
MACY OF THE LAWS; we cordially ap
prove of the recent instructions of the Gov
ernor of this Commonwealth to his Attorney
General and Deputies throughout the Stale,
for the.purpose of preserving inviolate the
statue book, which places heavy penalties on
the makers, i issuers, or receivers of small
bills.. . , .
i Resolved-,' Thaf.'tve pledge ourselves to
oppose the emission of . notes in any.
shape or form, and calf upon all good citi
zens to unite with us in bur; “effort to keep
in circulation the Gold'and bffiyEh that is
now undoubtedly in the country,':jtb, an: a
rnount sufficient for all the purposea^bf••’ex
change, and which must circulate if:' notes’:-
below the amount of f ive Dollars .are np^:
emittedf •' ' .j-;
r Resolved, That we believe our present,
banking. System thoroughly defective, and
that reform is loudly called for.
f; 'Resolved, That we call upon oUr members
ofJhe-State”Legislature for the county of
Cumberland to vote against an;/ and every
Bill that has far. its object, the chartering of
\neiv Banks, and to give their aid in curtail
|in‘ r . as far as possible the enormous add des
tructive privileges of those already in cxist
jence. ' ■■ •
j; Resolved, That the above proceedings' btS
Ibigued by the officers and published.
•r,
in ' ■ ' |
,y o
B
C 3 o
I 3
S , o
I 7 i
•“ a.
.3 ■&“
a ■ H
S 3
61
55,
.50
53 120
60 123
32 98
29 ’92
34
35
38—
39
35—2114
38—1584
52 113
35 100
27—2021
39—1(j63
33 108
37 .109
23—1919
37 451
9—1208
42 113
0 9
37 90
31—2200
33—1501
53 130
34» '97
33—2211
38—1198
59 124
97 95
31—2310
38—1190'
53 119
31 100
LEESBURG.
«5 ' p";
■I « t
I - .H
48 4» ■■ 96
48 47 95
7 f 36 43
7 37 44
45 43 ' 88
8 41 49
46 41 87
9 42 51
40 41 8I; ! ',
1 ’27. 28.-
14 15 29
48 46 . 94
-7 38’ 45
49 46 ‘ 95
7 38 ' 45
179
no ■
47 96
37 ’ 44
SUSPENSION OP SPECIE
PAYMENTS. '
. ’ . tcmcuxiAii.] > •'
■ Attorney GeNisual’s.Office, ?
IlAßUisuuua.Oct. 10, 1839.-5
To the several Deputy Attorneys General of
the respective counties of the Common
wealth'of Pennsylvania; ■
I received the subjoined letter from Ids
Excellency the Governor of the Common
wealth, this morning, and hasten to comply
with the directions therein contained; For
lie purpose of facilitating, refercnce-lo the
acts,of Assembly, furnishing our guide on
the subject under consideration, I nave ap
pended copies of these acts to this circular,
and.jnvitc jour attention to their several
provisions. Tor detailed instructions'’ on the
nlode.of proceeding to be adopted, in carry
ing out the-views of the Governor, -
It will be leadily perceived, that these
acts of.-Assembly, although they seem at a
cursory glance, to contemplate in the first
instance, a private and civil proceeding, in
case tlieir provisions are violated, are yet
highly penal in their character, and are ex
pressly designed to operate penally upon of
fenders. The evil which they were intend
ed to correct, had been experienced with
great severity, by the people of Pennsylva
nia. No citizen, whatever his circumstan
ces might be, could claim exemption from
'■ ;» ifsTinconveniences and losses. Frauds in a
.thousand forms had been its offspring—pub
lic credit had been blighted, and both public
and private morals deeply debased by its in-,,
flueuce. That these things were the direct
result of the indiscriminate issue, by private
individuals and corporations, of notes, bills,
checks, tickets, &c. &c. of sniall denomina-
lions, in the form, and for the purpose of a
circulating medium, is clearly shown in the
history of the tjmes at'the passage of the first
law on the subject, and by our own fresh re
collection of .4110 events of the last three
years. No species of speculation holds out
such strong temptations to violate the law,-
as that of manufacturing at'will, ami-paying
out, bills, notes, tickets, or something that
resembles anil-passes for money. The mas
ter motive of human action is. appealed to,
and the honor and honesty of too many, are
found to yield, " It is generally those of des
perate conditions, that avail themselves of
the opportunity of palming off on the cotn :
munity, large, nominal amounts 1 of", Small
notes, during the suspension of specie pay
ments by the Banks, because they have lit
tle toirisque, in setting the laws at defiance,
and can obtain a- circulation for their spuri
ous'money, as a substitute for the specie that
is withheld from circulation. In the end
the imposition is discovered, or the resuinp-'
tioh.ofspeqie, the.
citizens, often those least.able to bear it, arc
the sufferers. Similar inconveniences,though
not in so great a degree, are experienced by
the public, even when the small,notes are is
sued by corporations and individuals per
fectly solvent and willing to re,deem them.
They become worthless a few miles froin the
place where they are issued, or must be pass
ed at a great Sacrifice—are soon multiplied
to such a degree as to expel most of the bet
ter money from circulation, and so debase
and taint the currency tf the country, as to
render its purification amfieform extreme
ly difficult, if not impracticable.
Considering the subjecf-in these aspects,
I think there will be no difference of opinion
as to the measures to be adopted.' It would
be idle henceforth, as it has been hitherto,
to leave the enforcement of these laws to ir
regular, accidental, individual interposition.
Few would be" willing to undertake the la
bor; and perhaps fewer, (he responsibility of
bringing the offenders to justice. The truth
of the honiely adage will be again realized,
that “what is.every body’s business, is no
body’s.” The violators of the law will es
cape, while the public is considering who
shall prosecute, and the country will be a
gain flofJded with spurious notes, in open
defiance of the law.
I can perceive but one efficient mode of
accomplishing 'the laudable desires of the
Governor oa this that is to as
sume at once, the duty of .resisting any in
fringenient of the acts of Assembly. You
are therefore hereby instructed to institute
■promptly, if not done by any other person,
the proper proceedings pointed out by the
provisions of the several acts of ’Assembly,
against alt individuals, or corporate bodies
in your respective counties who violat' all
. your respective iu»,, fe .
pr aity of the provisions of., the acts of As
sembly, prohibiting the issuing and circula
ting of notes, &c. of a less denomination
than.five dollars. . !
You are further hereby instructed, to be
vigilant in ascerfainingMiiy such violations
'otj.lio said acts of Assembly, and' unflinch
ing in lhe prosecution of-the same, wherever,
and as often as suck violations are commit
ted or repeated.
You are further instructed, after deducting
from the portion of the fines or penaltiesac
cruing under said acts of Assembly to the
person instituting proceedings, such reason
able compensation as 1 may approve; to pay
over the remainder of said fines or penalties,
to the use of the poor, or to such persons as
by said acts of Assembly, arc entitled to one
moiety thereof.
As the design of the proceedings herein
directed, to be adopted by the several De
puty Attorneys General, in the Common
wealth of Pennsylvania,'is the total aqd.en
tire Suppression of all ilj.egaf notes of a less
denomination than five dollars, and the faith
ful.execution of the laws, ! shall expect, on
the part of every gentleman who holds this
official relation to mo, a ready and thorough
compliance \vith these instructions. Noth
ing I am sure, is wanting in.this.crisis of our
, hnonetaryalfairs, to extricate the public-from
embarrassment.and difficulty, but ioolness,
deliberation, firmness and a steady adher
> „ence to the laws oh the part of the govern
? irnent and .of the citizens. Let -no step'be
‘ taken without due reflection. Let us not
, ftirght that ample redress, is guarantied for
J : all existing derangements of the currency by
the laws—and that in the hands oftheiegis
laturei iS placed the'only power of'alleviat
ing thA difficulties under which the pfiblic
lalmr3,-:So"far' as the operation of the laws
may be supposed to,extend,.and of prevent,-
ing the recurrence of similar evils in future.'
• It is not my desire or intention,:, in.tlje in
structions lierehy giveni to advise or counte
nance Vexatious and harassing; proceedings
, against the banksOr individuals in this em
ergency, bat raere{y to ; ensure the execution
of these wise' enacted, to
protect the people, ftpm-fraud and decep
tion. . .i-
I-am respectfully yours, &c. -
OVIDF. JOHNSON,
- : v -Attorney General.
Executive CifiAMufcn, Harrisburg.
October, 10,1839.- 5
To Ovid F. Johnson Esq., Attorney Gen
eral-of the Commonwealth of Pennsylvania ,
Sir:—
The suspension of specie payments by
most if notall of the banks of this common
wealth, seems likely to produce the same
debasement and derangement of the curren
cy of the country, that have attended, the
same occurrences on former occasions.
The several acts of assembly prohibiting
the issuing and circulating of notes, tickets,
and other papers in the similitude of bank,
notes, under.thc denofn.inalion of five dollars,
afford ample protection -to the community
against the evils arising from this illegal and
spurious currency,-if properly, enforced.—
The only defect in these laws is, the omis
sion to enjoin the duly of enforcing them,
Upon some particular officers of this 'com
monwealth.
To this omission it isprobably'owing, that
these salutary laws have been practically
disregarded, and treated as a mere dead
letter. ,As the Executive’of the common
wealth, bound to, “take Care that the laws be
faithfully executed, 1 ’ I feel it to be my duty
in this emergency, to prevent as far as pos
sible the violation of these laws. I owe it
to the people of Pennsylvania, whose dearest
interests are involved, not to shrink from
tlie'pcrformance of this duty. It is my de
sire therefore that you as (.he proper officer,
should immediately adopt such measures as
you may deem best suited to the Attainment
of the object in view, to wit: the entire sup
pression of all notes, bills checks, tickets-or
other papers, of the similitude of bank notes,
or promises to pay 1 money or other things
under,the denomination of live dollars, from
being issued or circulated wjUpn this com
monwealth, so far as .the laws in relation to
the subject furnish adequate powers for that
purpose. .
It is proper I should state that in direc
ting this proceeding, ! "do not intend or be
lieve that it will,operale.to shake the confi
dence of The public in (he ultimate ability'of
most, if notall of the banks of this common
wealth to meet all their obligations and. to
redeem their faith plighted to (he community;
nor do I think it will-throw'any .obstacles in ,
the way of their doing so; on the contrary I
firmly believe the exclusion of all small
notes from circulation, will (end more di
rectly than any other measure that can be
now devised, to protect the public from
frauds and imposition, and to enable (he
banks.to fulfil theiivrcspcclive engagements.,
■ The circumstances by which we are sur
rounded Will doubtless lead to the cultiva
tion of a spirit. (UWimUual forbearance and
moderation on aljstdes, as the'course best
adapted to restore a sound and healthy con
dition ofaffairs. Every attempt toagrayateex
isting embarrassments unnecessarily, should
be discountenanced by all cool and reflecting
citizens. ‘ .
There is beyond question, abundance of
specie in the country to fill all the channels
of domestic circulation, without distressing
its private ladders or the banks; and as the
suspension of specie payments by these in
stitutions, cuts off'a great portion of the for
eign drain upon it, it must readily find its
wayjnto the. hands of the people.
. N Respectfully
/ Yours, &c.,
DAVII) R, POUTER.
[The Acts refencd to above are “An act
to prevent the making, issuing, re-issuing
ami circulating certain description of notes
and tickets in the nature of bank notes, and
for other purposes;” passed 23d of Match,
1817. And “an Act concerning small notes
tor the payment of monev;” passed 12th of
April, 1828.]
From Ike Ecto York Evening'Post.
ARRIVAL OF THE LIVERPOOL.
This morning about 9 o’clock the steamer
Liverpool arrived, bringing us London dates
of the 20th September, and Liverpool'papers
of the 21st,the day of sailing, both inclusive,
The commercial news is of the highest in
terest. In the cotton trade the prevalent,
feeling that cotton would fall to the price
which it bore two years ago, which feeling
connected with the dishonoring of the drafts
olTlie United States Bank, and the very un-.
certain state of the. harvest had given a
gloomy aspect to commercial affairs gener
ally. ' , ' " , ; '. ' - .
The greatest excitement was caused in
London during the week preceding the sai-'
ling of the Liverpool, By announcement,
made in the London prints, of the refusal
to accept bills to a large amountdrawn by
the Bank of the United States by Messrs.
Hpttiriger & Co. of Paris and Havre. This
house, which had hitherto acted lis the agents
of the Bank of the United States, had refu
sed to accept any more drafts from that cs
tablishment, and. had allowed bills to the
amount of two millions and a half of francs
to be protested. These bills were sold by
the bank in this city previous to the last sai
ling'of the Liverpool, and were subsequent
ly negotiated in London by various bankers
and merchants, into whose.hands they had
come in the regular course of
The following comments from the most
prominent ofthe London journals; show in
what light this transaction is veiwed by dif
ferent parties in ■ England. ‘ The London
Globe says:— . " .
“At first it was imagined that the procee
ding would destroy the credit of the Bank,
of the United States, and lead to other, un
pleasant consequences; but.upon inquiry it.
:was ascertained .that many of the bills had
been accepted by third parties: for honor of
the endorsers, and that'the remainder would
prObably.be taken up by Messrs, llothschild
& Co., for-honor of the’United States Batik.
This arrangement would leave the affair in
a satisfactory state, merely changing the
agency, from one house to ;another. ’We
shall hear furthdron this subject next Wed
nesday,"There were some bitlsj on. Hatnburg
aud'Ainsterdani sold at the sameitiine, drawn,
•by the United States Bank, which fherb is
reason to believe ,will be dishonored.!’
. The London says,; “Wo have
brought together all the information' which
■lms 'transpired concerning of-a>
banking house .at Paris and Havre, to-, hnii
swer the drafts of thpLiutetl. Stajtes
According to current the’credit and
stability of {bat Bank had; already become
doubtful, and meosufestof an extraordinary
nature have already been had recourse to,
both in London arid Amsterdam, to support
Vt. A serious blow to its credit will pro
duce very important effects ~in trie Unified
States, where it .is the principal liable aii'd
the tunin' stay of a considerable number of
subordmatc’ banks. Nor will England; eS-’.
cape the reverberation of the shock.. A cohi
mcrtial tlisOrganifcafion in the United State*
would prevent 'remittances of all kinds fd '
Europe, arid commercial credit here, which
is not in,a Very sound state, mp*y reel under
the.blow. \Ve have no wish to paint things ■■
blacker than they arej but we have, let us
own, a great mistiest of our system, which
seema-tu us. to be founded 'on false, or* at
least ..ill..understood principles; and, like
many other persons, wc arc apprehensive
that it must at some! line or other terminate
in an immense crash.”,.
‘, England.— TThc 'Chester'Chronicle says,
“The continuance of the wet Weather lias
quite destroyed what little prospects the 1 '
farmers had. The, grain in ninny districts
has begub to sprit! and in some cases is
nearly worthless. In Anglesey and Car
vonshire.(lie crops have not been in a worse
state many years,, ahd very little is housed*.
In Lancashire the aspect of the country is
something similar. In this county matters
are very bad. Wednesday was rallicf a bet
ter day, and yesterday a decided change fer
tile heller se,emed_ to have taken place until
afternoon, when flic rain again scf'in.”-
Plots- in Prance.— Several serious out*
breaks have taken place at La Rochelle, and
other Trench seaports, the people resisting
the exportation of grain lo England, and
even to other French ports,
Spain. —lt is staled by the London cor
respondent on the,continent, that the civil '
war in Spain lias terminated by the surren
der of Don Ciii Ios»to the French.', In antici
pation of such an event,.tlie Fiench govorn
nvpnt had issued the* most positive iusti'UC- -
turns to the authorities upon the frontier, to
conduct the Hre.tcmler to a place of safety.
On Thursday lust, by,the Hev. Mf. Sprolc, Mr*
Jirfarn Crouse, Jlmelia Thompson, both of
tliis place* • • * - ‘
d:s2;
On Friday night last, hr Dickinson township,
after a short illness, Mr. T. Smith TVuulUnrr.,. hi
the 33rd year-6f his age. ,
JLlcdtion far MSmtk IBircciot's*
CAIILISl t E Bank, Oct. 17, 1831).
is hereby given to the Stockholders
X>3 in this institution, that-nn election will he
held on-tho third Monday of November-next, (being
the 18th day,).at the Banking' House, for Tina*
teen DlniioTous, to scmTdurihg,the year 'then' to'’
ensue. • . .
\V. S. COBEAJJ, Cashier.
John Harper, Assignee") No. 2C5 January Term,
of Jones & Woodward,.VlS33.
* vs. f 'Vend. Exp’s* No. 40.
William Barber, January Term, 183-1.
22d August, 1833.■ On motion of Mr. Brando*,
bury; Rule to'shbw Jones & Wood*
ward for use of John Harper-ami ether judgment
creditors in-interest in the fund taken by the judg*
mcnl of George Motzgar, shall not he substituted
on the mortgage of George Metzgafto the amount
of the fund taken hy-Mclzga-r out of the sale cf the
house ami lot cf ground of defendant’s situate in
Papertown. Notice to be published in two pa-*
pers ?h Carlisle for four successive weeks.
Cumberland coimfi/\ ss.\ '
• , I (jeoryo Sanderson, Prothonotary
. of the Court of Common Pleas of Cum-*
r herland county, do licrcby certify, that
Iho above is a true copy of a rule cn
■jyyjV*’ torcil in Iho above case. In testimony
whereof I have-hereunto set my hand
and affixed the seal of said court, at Carlisle, Iho
11th day of October, AV D. 1839.
GEO. SANDERSON, Proih'y:
N-otice ..
ALL persons indebted to the subscriber by hoto
or otherwise, will please call and discharge
their accounts on or before the first of November,
as on that day, all accounts will be put into the
hands of a proper officer for collection, without re-*
spcct to persons. ' JACOB WOLF. .
• .Catjisie, Oct. 17, 1839.-.. .
Brigade Inspector’s Orders.' 1
An election will take place at the pulilic house
of \V. S; Allen, on Saturday the 2Gth October Inst,
between the hours of ten in.the morning and six
in the evening, for one Captain, one.Fifst and cue
Second Lieutenant in the Carlisle Light Artillery,
company,- to; fill-vncanch’s occasioned by Ihp.rcsi
tg’nalicn of Euch'dfilce'rs in Said company. Capt.
Thomas D. Stiles will serve as judge and Capt.
James M. Allen will act as clerk of said election.
. W. FOULIC, Brig. Ins.,
Oct. 15, 1839. ' , • • . .
S*SIOX*IISMJLS
WILL be reCeijyed by tho sub'scriber residing
ncar ShiremanstpwnrAllen township, Cum-.
berland county, until thoTlli day of November
next, for the erection of u Stone-Wall around .tho
burying ground of the German Lutheran and Re*
formed congregations, near said Shirenianstown*—
the wall to' be in dimensions as follows;,Five feet
high to the slope of the roof and to bc-,ono foot in
the ground and four feet above, twenty-two inches
thicK in the ground and eighteen inches at the roof,
to bo built with good sand and lime mortar. Per*
sons handing Uieir proposals will pmke-tb en *
25 cubic feet pet perch stone wall, to digthefoun*
da lion, fumismhg all' tl»o materials to. the steno
work. vJOHN EICHELBEUGEiI*
One of (he Building Committee*
3t
Oct 17,1839.
NOTICE TO CREDITORS.
NOTICE that-wo have applied to thd
H Judgesof.tbo court of common picas of Cum
berland county, for the benefit of. the insolvent
laws of tho commonwealth’of Pennsylvania, and.,
they have appointed Monday thollth day of Nov*
embernext, for the hearing of us and our'crcditorS
at the court house in the'borougb of Carlisle, when
and where you may attend If you think propel *
.• JOSEPH AIOSSEU,
WILLIAM G. WARDEN, .-
WM. L. CORUIDEN,
‘ ■ JOHN MILLER, • .
' : AUGUSTUS STEINMAN,;'
Joseph Giiiorr,
1 JOHN LI METZ, 7
. JOHN GROVE,* > -
JACOB CART. ;
Oct. 17, 1839. ..
A ttention CumlitM'land Greens.
■.< The annual Court ofrAppeal, will thq
public .houso of Col. John Gprnman, in Carlisle on.
the first Morida/ (lilt day) of November; at ono,
o’clock in tile afternoon,-when all interested may'-
attendi : ’ A. LAMBEKTON, Cppf. -
. ' The members of said company v will meet pt the
same time and place on business of importance., ,
October 17,183!)„-- .>,y.: 7- ■. v 7 . :
iFOj? v
By the court.