Bradford reporter. (Towanda, Pa.) 1844-1884, October 22, 1857, Image 2

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The Relief Law.
The following is a correct copy of the Re
lief Bill, as it passed both Houses and was
signed by the Goveruor :
AN ACT
Providing for tbe Resumption of Specie Payments by the
Banks and for tbe Relief of Debtors.
Be it enacted, frc. That the provisions of
every act of Assembly, or of incorporation or
rccorporation, heretofore passed, declaring or
authorizing the forfeiture of the charter of any
bank, saving, trust and insurance company, or
corporation having banking privileges, or in
flicting any penalties or authorizing any com
pulsory assignment for or by reason of the
non-paymeut of any of its liabilities, or the is
suiug or paying out the notes of other banks
incorporated under the laws of this Common
wealth, though not specie paying, or its loan
ing or discounting without the requisite amount
of specie funds, since the first day of Septem
ber, A. D., 1857, be and the same hereby sus
pended until the second Monday iu April,
Anno Domini one thousand eight hundred and
fifty-eight; and all forfeitures and penalties,
or liability thereto, heretofore incurred, or
that may be hereafter incurred before the said
said second Monday of April, under such acts
of Assembly or of incorporation, or re-incor
poration, for or by reason of the causes afore
said, or any ol them, are hereby remitted ;
and so much thereof as prohibits any bank
from making loans and discounts, issuing its
own notes or the notes of other banks incorpo
rated under the laws of this Commonwealth,
though uot specie paving or declaring divi
dends during the suspension of specie payments;
or from loaning or discounting without the
requisite amount of specie or specie funds, as
aforesaid, be and the same is hereby suspend
ed until the day and year aforesaid, and any
such bank during such suspension of specie
payments may declare dividends to an amount
not exceediug six per cent, per annum on its
capital ; and this act shall extend also to all
banks, saving, trust, insurance companies, and
corporations with banking privileges, chartered
and aud re-chartered under any law for pe
riods hereafter to commence, and to the pay
ment of >tock to all banks incorporated by the
Legislature at its last session.
SEC. 2. That iu additiou to all statements
and returns now required by law, each and
every bank in the cities of Philadelphia, Pitts
burg and Allegheny, shall on the first discount
day in January next, and weekly thereafter ;
and every other bank in this Commonwealth
on the same day and monthly thereafter,
make up a statement, to be verified by the
oath or affirmation of the president or cashier
thereof, showing first, the amount of its loans
and discounts ; secoud, the amount of specie
in the possession of and owned by such bank,
and the balance due from other banks, in dis
tinct items ; third, the amount of its notes out
standing ; fourth, the amount of deposits, in
cluding individual deposits, and balances due
to other banks ; which statement shall be
published in the next succeeding issue of a
newspaper of the county in which the bank is
located, or if there be no newspaper in such
county, then in a newspaper of some neigh
boring county, and any violation of this law,
or failure to comply with its provisions by any
President or any Cashier of any bank, shall be
a misdemeanor, and each of the said officers
shall, upou conviction thereof, be punished by
a fine of not less thau five hundred dollars, nor
more than one thousand dollars, at the discre
tion of the Court, one-half to he given to the
prosecutor, and one-half to the county in which
such bank is located.
SEB. 3. That the said banks are hereby re- j
quired, until the second Monday of April, j
aforesaid, to receive at par in payment of all
debts due or to become due to them respect-1
ively, the notes of all the solvent banks of the j
Commonwealth, which paid specie for all their |
liabilities on and immediately prior to the Grst
day of September last, and which shall con
tinue solvent ; and the said banks are also
hereby authorized to pay out all their business
transactions and discounts the said notes so
long as the banks issuing the same shall re
main solvent ; but in ease any President and a
majority of the board of directors of any of
the said banks, shall certify to the Governor,
under oath or affirmation of the President,
his apprehension and belief, that any bank in
said certificate named is in an unsafe condi
tion, the Governor shall thereupon appoint
three judicious persons, not interested in said
Bank, as commissioners, to investigate the
condition of such bank, and the said commis
sioners shall, after takiug an oath or affirma
tion to |H?rform the duties of their appointment
with fidelity, forthwith proceed to make the
said investigation, and report the result there
of within ten days to the Governor ; and if
officers of the said bank shall refuse to permit
the said commissioners to make such investiga
tion, or to produce any books or documents
necessary for that purpose, or if the said com
missioners, or a majority of them, shall report
that the said bank is in au insolvent condition,
or conducting its affairs in violation of law,
the Governor shall thereiqon issue his procla
mation, declaring the charter of the said hank
to be forfeited, and the said bank shall be de
prived of all the benefits of this act ; and the
directors thereof shall forthwith make and ex
ecute au assignment, in the manner provided
by the act entitled "Au Act regulating banks,"
npproved the sixteenth day of April, A. D ,
eighteen hundred and fifty, and the expenses
of such commission, including the Compensa
tion of the commissioners at eight dollars per
day each, shall be paid by the bank against
which it is issued, unless the report shall be
favorable to'its condition, in which case they
shall be paid by the applicants : Provided,
That 110 bank shall be required to receive the
uotes of any bank against which a certificate
may be made as aforesaid, at any time after
the delivery of the same to the Governor, un
til the commissioners shall report in favor of
such bank, after which the notes of of such
bank shall again be received as required by
the provisions of this section.
SEC. 4. That the several collectors of taxes,
tolls and other revenues of the Common
wealth, and also county treasurers, are hereby
authorized to receive for State purposes, the
notes of the solvent banks of this Common
wealth, though not specie paying Ranks, in
payment of the said taxes, tolls* and rcvennes ;
and the State Treasurer is hereby authorized
to receive and receipt for the same, in the
same manner as though said banks were specie
paying.
SKC. 5. That the deposits by the State
Treasurer, or to the credit of the Common
wealth, in the several banks and other corpo
rations, and all bank notes which are now or
may hereafter be iu the Treasury during a pe
riod of suspension aforesaid, shall from time to
time, on deinuud of the said Treasurer, be paid
by the said banks or other corporations respec
tively, in specie, in sncli amounts as maybe re-
quired by said Treasurer, to enable him to pay
the interest accruing ou the loans of the Com
monwealth.
SEC. 6. That upon all judgments hereto
fore entered, in suits commenced by writ or
otherwise, or which may be eutered during the
period hereinbefore mcntiouad, in actions insti
tuted by writ or otherwise iu any court in this
Commonwealth, or before any alderman or
justice of the peace, on judgments obtained
before said officers, if the defendant shall be
possessed of an estate in fee simple within the
respective county, worth in the opinion of the
court, alderman, or justice of the peace, the
amount of the said judgment, over and above
all incumbrances, and the amount exempted
from levy and sale on execution, he shall be
entitled to a stay of execution thereon, on judg
ments now obtained or to be obtained, on snits
now brought, for the term of one year from
the date of the passage of this act, and on all
others, for one year, to be computed from the
Grst day the term to which the action was com
menced ; and every defendant in such judg
ment may have the same stay of execution
thereon, if within thirty days from the passage
of this act, or within thirty days from the ren
dition of any future judgment, he shall give a
securitj to be approved ot by the court or any
judge thereof, or by such alderman or justice
of the peace, before whom such judgment was
obtained for the sum recovered, together with
the interest and costs : Provided, That this
section shall not be applied to the wages of
labor, nor to debts upon which stay of execu
tion is expressly waived by the debtors, nor to
judgments upon which stay of execution has
already been taken under existing laws : And
Provided, That the provisions of this section
shall extend to judgments entered, as well up
on bond and warrant of attorney as upon mort
gages to secure the same, and to any subse
quent grantee or owners of the promises so
bound, as well as to the original obligor or
mortgagor : Provided fat/icr, That said stay
of execution shall not apply to judgments or
mortgages, or 011 bonds secured by mortgage,
unless the interest thereon shall be paid within
sixty days after the accruing of the same, in
such fuuds as the bauks are authorized by this
act to use.
SEC. 7. This act shall take effect immediate
ly, except the third section, which shall not
go into operation uutil the provisions of this
act are accepted as herciu provided ; hot no
bank or other corporation shall be embraced
within its provisions more than thirty days af
ter the passage hereof, or after any bank shall
have suspended specie payments upon its notes
or obligations, unless the stockholders of such
bank or other corporation shall, before the ex
piration of the said thirty days, or within thir
ty days after any bank shall have suspended
specie payments npon its notes of obligation,
at a meeting to be called by the directors there
of for that purpose, on ten days public notice,
in one or more newspapers, accept the provi
sions of this act by a majority of votes of said
stockholders, to be voted and counted accord
ing to the provisons in the charter of such ac
cepting bank or other corporation regulating
the election of directors, but to make such
acceptance valid there shall be filed in the of
fice of the Auditor General of this Common
wealth a certificate that this act has been du
ly accepted, under the common seal of such
bank or other corporation, attested by the sig
uiturc of its President or Cashier ; and each
of the said banks accepting the provisions of
this act, shall also pay into the Treasury of
the Commonwealth, on or before the first day
of January, Anuo Domini one thousand eight
and fifty-eight, or within thirty tlavs after a
liank shall accept the provisions of this act a
sum equal to one-fonrth of one per centum to
upou the capital stock of said bank in addi
tion to any amounts they are now by law re
quired to pay.
SEC. 8. That the forty-seventh section of the
act approved April sixteenth, one thousand
eight hundred and fifty, entitled " An act reg
ulating banks," be and the same is hereby re
pealed : Provided, That all suits brought, or
now pending for forfeitures or penalties made
under the section hereby repealed, shall not be
affected thereby.
SEC. 9. That the Legislature hereby re
serves the right and power to alter, revoke or
anuul the charters of any banks, corporation
or corporations, accepting the provisions of
this act, whenever in their opinion the same
may prove injurious to the citizens of the Com
monwealth, in such manner, however, as to do
no injustice to the corporators.
SEC. 10 That no banks, savings fund, insu
rance or trust company, shall directly or indi
rectly purchase,or be concerned in the purchase
of the notes of any of the incorporated banks
of this State at less than their par value, and
any and every of the officers of said institution
violating the provisions of this section, shall
be deemed guilty of misdemeanor, punishable
upon conviction by a fine of not less than five
hundred dollars nor more than oue thousand
dollars, one half to be paid to the informer,
and the other half to the use of the Common
wealth.
SEC. 11. That no stocks, bonds, promissory
notes, personal property, or other valuable se
curities, hypothecated or held in pledge, either
with power of Attorney attached, or otherwise
for credit or money loaned, shall sold for the
period of six months from the passage of this
act, without the consent of the debtor, debtors
or party hypothecating or pledging the same
being first had and obtained in writing.
SEC. 12. That the notice required for pay
ments provided in the charters of savings fund
and trust companies, on all sums exceeding
one hundred dollars, be and the same is hereby
extended for the period of two months, during
the period of suspension of specie payment au
thorized by this act.
fISaT" On Thnrsday evening, about 8 o'clock,
six miles west of Syracuse, an accident occur
red to a mail train on the Central Railroad,
by which several persons lost their lives, and
a large number were wounded. The accident
was the most disastrous that has occurred on
the road for several years, and was occasioned
by the washing away of about eighty feet of
an embankment. The train, consisting of a
baggage-car, a mail car, and four passenger
cars, were all, excepting the last car, thrown
down the embankmeut, being under full head
way at the time.
REPORTED FILUBUSTERING SCCCESSES SO FAR.
—General Walker has been visiting the edi
tors of the New Orleans papers, giving an ac
count for his successes in listing men and means
for a new fillibusttring campaign, lie claims
to have enrolled three thousand men for his
new ariny, and collected funds to the amount
of $200,000. The head-quarters of the expe
dition appear to be in Texas, whence many
of the recruits come. Unsubstantiated by
tangible proofs, the story of the men and the
money lacks certainty.
§rai)foAjUporte,
E. O. GOODRICH, EDITOR.
TQWANDA:
gTtpirsbaj) morning, October 22, 1857.
TERMS— One Dollar per annum, invariably in advance.—
Four tceeks previous to the expiration of a subsciiption,
notice will be given by a printed wrapper, and if not re
newed, the paper will in all cases be stojtped.
CLVRBING— The Reporter will be sent to Clubs at the fol
lowing extremely loir rates :
li copies for s."> 00 jls copies for... .sl2 00
10 copiesfor 8 00 | 20 copies f0r. ... 15 00
ADVERTISEMENTS— For a square of ten lines or less, One
Dollar for three or less insertions, ami twenty-five cents
for each subsequent insertion.
JOB-WORK — Executed with accuracy and despatch, and a
reasonable prices—-with every facility for doing Books,
Blanks, Hand-bills, Bali tickets, tsrc.
MONEY may be sent by mail, at our risk—enclosed in an
envelope, ami properly directed, toe will be responsible
for its safe delivery.
THE RESULT IN THE STATE.
We have as yet returns officially from but
a few Counties in the State. They show a
large falling off in the vote. As far as heard
from PACKER loses from Bnchanan's vote, 24,
800 ; WILMOT loses jfrom the Union Electoral
vote 28,891 ; HAZLEHURST gains over the
Straight FILLMORE vote, 3,883.
In the Senate the Democrats have 20 mem
bers ; the opposition 13. In the House, 67
Democrats, 33 opposition.
THE COUNTY FAIR.
If the two most unfavorable days in the
whole year had been sought for, upon which
to hold our County Fair, last Thursday and
Friday the time appointed, were precisely those
days. From Thursday morning, until Friday
night, it was a ceaseless dripping from the
clouds, while under foot the mud was horrible.
Under such circumstances it is only wonderful
that the Fair was not a complete failure. Such
it was, certainly, in one sense, but as far as
demonstrating the interest taken in these an
nual displays by our Farmers, it was gratify
ing. The display of stock exceeded that of
any former year,while the vegetables were both
numerous aud excellent. On the whole,
the geueral expression was, that this Fair
showed a marked advance in the agriculture
of the county.
The rain, of course, cut down the receipts
at the Fair, so much that a deficit will proba
bly exist in its funds, against a large balance
left last year. It has demonstrated however,
the permanency of the " institution," and es
tablished its success beyond all question. There
were pleuty of prophets who foretold before
the time, that this fair was to be a failure,
whereas, all are now ready to acknowledge
that had. the weather been propitious, the
entries and the attendance would have been
double any precediug year.
The award of premiums and the address,
we expect to publish next week.
Again we call the attention of onr citi
zens here in the borough, to the Teacher's In
stitute, now in session in the public school
house. The daily exercises are such as should
interest all, and it is hojied that many will call
in and see and hear for themselves what the
teachers are doing to qualify themselves the
better to discharge their arduous duties. The
Superintendent is anxious that our citizens
should know for themselves what he is doing.
In other places the people encourage the
teachers by their presence, why should not
we ?
J#®* A fatality seems to attend the North
Branch Canal. The rains of last week caused the
River to rise, washing out the summer's work
upon the Horse Race dam. Of course, navi
gation is suspended for this season, and endan
gered for much of the next. A considerable
number of boats have been passed, loaded with
anthracite coal, and several were caught below
the dam.
A small break occurred between this place
and Athens, which is probably repaired by
this time, and we understand there were sev
eral small breaks in the Junction.
SBT Gov. KI.VG has decided not to call an
extra session of the New York Legislature. A
recent decision of a portion of the Supreme
Judges of that State renders snch a step un
necessary. They have adopted and promul
gated a code of opinions in regard to the en
forcement of the penalties of the law against
suspended Banks. They agree that it is for
them to wind up the Banks or not, in the ex
cise of a sound discretion, —that they are not
to be enjoined unless they are insolvent or un
less an injuuetiou may be necessary to prevent
fraud or injustice,—that a suspension of specie
paymenis is not proof of iusolvency, and that
no injunction should issue without giving both
parties a hearing. This relieves the Banks
from the penalties they dreaded, and is all the
relief the seek.
Bay- The sadden rise in the River last week,
endangered the last span of the Bridge just
being erected by Messrs. HARTMAN and LAWSHE.
We are happy to state, however, that the pre
cautions adopted, prevented a disaster which
wonld have caused much regret to our citizens,
both as regards their own interest aud conven
ience, and the loss to the enterprising contrac
tors.
Onio.—The Republican State Ticket is elec
tedf with the exception of one of the Board of
Control of Public Works. The Legislature is
two-thirds democratic.
IOWA. —The Republicans have been success
ful, by an increased majority over last fall.
MINNESOTA. —The reports are meagre and
conflicting, and the result doubtful.
BANNER PRESENTATION.
No small part of the entertainment expected
on the occasion of the County Fair, was the
display to be mnde by the Fire Department
of this place The programme was a parade
and the reception of the Athens Company as
their Invited guests, s banner presentation and
torch light procession in the evening. The
elements seemed to have conspired to defeat
the success of the Fair, but our gallant firemen
went through with their part of the performance
despite the unpropitious weather.
At 11 o'clock, 44 Protection Fire Co " No. 1
of Athens arrived, and were received by the
Firemen of this place, and welcomed by the
Chief Engineer in a few words of greeting,
eloquently responded to by the Foreman of
Protection. They numbered about 40 men,
under the charge of A. H. SPALDING Foreman,
and accompanied by L. W. BIKCIIARD, Engi
neer. Headed by Dittrich's brass band, they
were escorted through town, aud dismissed
until eveuing. At 2 o'clock they sat down to
an excellent dinner at SWKAZEY'S, where excel
lent appetites did good justice to the viands
prepared.
At 7 o'clock in the evening, the Court
House was filled with spectators to witness
the presentation of a banner from the ladies
ofTowanda borough to Franklin No. 1. The
banner was presented by ULYSSES MERCCB,
Esq. on the part of the ladies, in the following
words :
GENTLEMEN AND MEMBERS OF THE FRANKLIN
FIRE COMPANY—I appear before you this even
ing, at the request, and in the behalf, of the
Ladies of Towanda. The position which they
have assigned to me in making me their rep
resentative on this occasion, I accepted with
pleasure—l receive it as a kind manifestation
of their kindness and partiality towards me,
and at the same time I do not forget that I
am an honorary member of your Society, hav
iug been amongst its earliest members. So I
participate in the pleasure of both giving and
receiving.
GENTLEMEN —Your organization formed for
the protection of the property and the homes
of our citizens should exeite all the better feel
iugs of our nature. To you we look for the
preservation, from the devouring flames, of onr
homes, our family altars and our lives. Un
like the warrior whose glory is aeqnired by
strewing the battle field with the bodies of the
slain, and marking his path with destruction
and devastation, yours is acquired by preserv
ing and protecting. If it be commendable to
acquire, it is still more so to preserve from use
less and wanton devastation. Yours is a mis
sion of benevolence and humanity—one of
kindness and love. Woman, true to the gene
rous emotions and noble sympathies of her na
ture, feels a deep interest in your prosperity.
She looks upon your organization as the natu
ral offspring of an enlightened and humane
age—of that conservative spirit of the age
which seeks to preserve and protect both the
useful and the beautiful. Thus viewing your
organization, its purposes and its influences,
and cherishing a kind feeling toward yonr So
ciety and its individual members, the Ladies
of Towanda, by the presentation of this Ban
ner, desire to express a slight manifestation
of their approbation of your past conduct. As
your past conduct has been most commenda
ble, so they have no doubt but your future
will continue the same. Yours is a noble en
terprise—and although you may not be crown
ed with the garland of Fame which decked
the brow of the successful warrior in a more
classical age, nor with the wreath of olive
with which the victor at the Olympic games
was crowned, yet here surrounded by a profu
sion of the material products of the land, wo
man gives you this kind token of her approval.
Take this Banner, gentlemen, bearing upon it
the name and likeness of FRANKLIN —a name
known and revered throughout the civilized
world ; and in the expressive language inscrib
ed beneath it, may you be " Always in time
and ready for action." That you will ever
preserve it (pure and spotless, the Ladies of
Towanda have full confidence.
WILLIAM ELWEI.L, Esq., on the part of
Franklin No. 1 received this splendid present,
and returned the acknowledgments of the
Company as follows :
MR. MF.RCUR :—Franklin Fire Company
No. 1, tenders to the ladies of Towanda its
sincere thanks for this splendid banner, and
duly appreciates the sentiments of confidence
and regard which you as their representative
have so kindly expressed in its presentation.—
In the history of this village we go back but
a very few years to the time when there was
no means provided for defending against de
struction by fire. Then a feeling of insecurity
pervaded our entire population—anxiety and
fear caused many a sleepless hour. Often,
very often were our citizens startled from their
fitful slumbers by the rapid stroke of a fire
bell at midnight; and hastening with rapid
steps to the scene of destruction, vainly re
gretting that we were so illy prepared to cope
with the devastating elements.
On such occasions the ladies were most ef
ficient and foremost in efforts to save the prop
erty of our citizens ; often for hours together
their unbroken rauks extended from the ouly
reservoir, the broad Susquehanna, to the point
of danger, laboring with untiring and unceas
ing energy until further exertions were unnec
essary. All praise to the ladies for their no
ble and philanthropic action in those days of
terror.
As I am only an honorary and not an active
member of the fire department, I may speak
freely of its merits, without being obnoxious
to charge of being vain :
Now there no longer exists the same neces
sity for the valuable assistance of the ladies
which they formerly rendered—we have a
thoroughly organized, well disciplined, and en
ergetic body of young men, able and willing
with their first class apparatus for extinguish
ing fire, to do-all that can be done,to save life
aud property.
Nino our citizens rest quietly and securely
upon their beds, knowing that Franklin No.l,
Naiad No. 2, and Linta No. 3, fare ready at
the first alarm to meet and conquer the de
stroyer. That the confidence which you have
so kindly expressed in our ability is not mis
placed is evidenced by the fact that Franklin
No. 1 in a recent contest was able successfully
to compete with one of the strongest aud best
di illed corps of the Empire State.
We beg you, sir, to present to your fair con
stituents the assurance that they shall never
have cause to regret the bestowal of this testi
monial of their confidence. May no oecasiou
raise to call as into actual service ; but when
ever such shall be tne case and the fire scene
portrayed upon onr banner, shall become a re
ality, then shall the motto which you have
chosen for us, "alway in time and ready for
actiou," inspire us with renewed efforts to do
good execution and to fully perforin, collect
ively and singly, our whole duty.
Three hearty cheers were then given by
Franklins for the donors, and three more for
the " honored aud honorary members" whose
eloquence and fitting language had added much
to the interesting ceremony.
The banner is a magnificent one of cherry
colored] silk, npon one aide of which is a
sketch, showing a southeast part of the public
square, with the engine bouse, court house,
Estell's tavern, Presbyterian church, and a
part of Moutanyes' brick block. It is intend
ed for a night scene, and the buildings arc il
luminated by the light of a conflagration.—
In the foreground is an Engine Company,
hastening to reach the fire. The motto is
" Always in time, and ready for action.' 1
The other side of the banner contains an
excellent portrait of Franklik, after whom
the company was named. And also the
words,
"Presented by the ladies of Towanda borough to
Franklin Fire Co. No. 1."
This banner is from the establishment of
Messrs. Ackerman & Miller, Nassau street,
New York, and reflects great credit upon their
artistic taste and skill. Its execution is the
best we ever saw upon a banner, and the ac
companiments in excellent taste.
An elegant wreatli to accompany the ban
ner was also presented to Franklin Company.
The Chief Engineer then suggested that in
the preparation of the banner, much trouble
had been taken by a gentleman in New York,
well known to every one present, to whom he
proposed should be paid the tribute of three
cheers. The gentleman was familiarly but re
spectfully known as Bin. Smith. Three hear
ty cheers, and a " tiger " were then given for
Bili. Smith.
A torch light procession was then formed
iu the following order. 1, Chief Engineer ;2,
Dittrich's brass band ; 3, Franklin No. 1 ;
4, band ; 5, Protection No. 1 ; 6, No.
2 ; 7, Linta Hose, No. 3. After marching
through the streets, Protection No. 1. was
escorted to the boat, and left for home.
NOTICE TO COMPETITORS AT THE BRADFORD
COUNTY FAIR.
The Executive Committee find themselves
entirely unable to prepare the list of Premiums,
awarded at the late Fair, in time for this
week's issue of onr County papers. Several of
the Judging Committees have not yet handed
in their reports. We are very auxious when
the report of premiums is marie that it shall
be full and correct. Any information in re
gard to errors that may have occurred will be
cheerfully given by the Secretary.
E W. HALE.
J. C. BIDGWAY,
J NO. STEVENS.
Executive Committee.
We invite attention to the advertise
ment of Dr. KKRE, who will remain a few days
at the Ward House, for the purpose of curing
those afflicted by Stuttering and Stammering.
Dr. K , brings with him the most flattering
testimonials, as to his skillfulness and reliabili
ty, and as the terms he proposes are entirely
safe, it affords a good opportunity for all having
any impediment in their speech, to be cured.
As his stay is limited it would be well to call
early.
IS?* The New York City banks have been
obliged, in self-defence, to make a regulation
which has considerably relieved the pressure in
financial circles. The notes of all the sol
vent State Banks are now received at par.—
We give below a list of the discredited banks,
of that State, not current. All the rest of the
State banks, not discredited before the suspen
sion, are now current in New York. The fol
lowing banks are discredited :
Niagara River Bank, Tonawanda.
Agricultural Bank, Herkimer County.
Dairyman's Bank, Newport.
Hollister Bauk, Buffalo.
Ontario Bank, Buffalo.
Bank of Orleans, Albion.
Reciprocity Bank, Buffalo.
Yates County Bank, Penn Yan.
Tompkins County Bank, Ithaca.
Hugenot Bank, New-Paltz.
Medina Bank, Medina.
Troy City Bank, Troy.
Central Bank of New York, of Utica.
Hamilton Exchange Bank, Greene.
O. Lee A Co.'s Bank, Buffalo.
Sachetts Harbor Bank, Buffalo.
The returns of the election in Kansas are
still incomplete, and the charter of the newly
elected Legislature is involved in doubt. Ad
vices from Lawrence to the 10th, claim a Free
State majority in both branches, but it is add
ed that in many precincts the judges are throw
ing out votes upon the ground of alleged in
formality, and that they are very likely in this
way to secure a pro-slavery majority. A let
ter from Quindaro gives the Free State men
nine and the others four of the Councilmen,
and says the Ilouse of Representatives will
coutain twenty-two Free-State men and thir
teen pro-slavery men, with four districts to
hear from. Purrott's majority as Delegate is
over 5,000. In view of this result, the Chi
cago Times, which is regarded as the special
organ of Senator Douglas, asserts that Kan
sas must be a free State, and that the sooner
the evident wish of the people is allowed to
prevail in this matter, the better.
I®* The Barclay Coal is now selling at
this place at $3 per ton for Raked, and $2 50
for Blacksmith's Coal.
BRADFORD CO. TEACHERS' ASSOCIATION
The regular meeting of the Bradford Com
ty Teachers' Association, was held i n l(l>
Methodist Episcopal Church in Troy, 0 n }.
day and Saturday, the 9th and 10th instant
The presence of a large number of Teach*
in attendance at the Teachers' Institute, tbe
held in Troy, and the conseqnent
of public feeling on the subject of educate
contributed, along with other circumstance
to render this meeting of the Association oaj
of great interest, of animated and
debate, of pleasant intercourse among the
bers of the Association and highly promotii,
of educational interests. *
The Association convened on Friday aft
noon at half past 1 o'clock, the President,os.
CAR F. YOUNG, in the chair. The
ing was opened with prayer, after which the
minutes of the last meeting was read by tb.
Secretary.
Mr. C. R. Coburn, Dr. C. T. Bliss, Rev |
Mitchell and Misses H. R. Wilmot and Ma*
A. Bowen were appointed a Committee to
range and report to the Association an orrfe
of business for this meeting. After the reac
ing of the Constitution by the Secretin
Messrs. C. E. Gladding, C. 11. Phelps, Mise
Julia Herrick and Sophia Parsons were i>
pointed a Committee to solicit new member
The Committee on the order of business r
ported au order of proceeding, which
adopted.
The Association then took np for consi>
ration a resolution which had been laid or?
at the last meeting. The resolution
the attention of the Association throujh.x
the meeting, and was discussed with mac
spirit, and finally adopted as follows :
Resolved, That teachers should both bypr
cept and example co-operate with parent! i
imparting such instruction as shall fully >
velop the moral and physical as well as tfie j.
tellectual powers of those committed to the?
charge.
The discussion of the resolution was can-";
on by Dr. Hardy, of Elmira, Dr. Bliss, Re-
Mr. Farris, Rev. Mr. Mitchell, Prof. Dal*.
Commissioner of Schools for Chemung C 0.,5
Y., Messrs. Davies, Crandall, Coburn, La*
ard and Wells.
The resolution, tliongh seeming hardlv j
adrait of debate, was improved, as affordinr
an opportunity of stating many important
truthful things on the necessity for high mon
character and influence in teachers, on tic
duties and responsibilities and on right raw
development and training in pupils. It *i
said there were those who maintained th,
with the conduct of Teachers out of scW.
school directors and parents had nothing toi:
there were none, however, present to aro*
such a sentiment. The discussion of the sc
jeet was lead out by a debate chiefly on tn
position assumed by one of the speakers, &
Teachers bad no greater responsibilities tk
other men, they were under no stricter rule
morals than other men, aud that the not.a .
that they were, had given rise to an obnosios ;
censorship of Teachers who were found ft
I with by everybody, their conduct watched aa
remarked on, and themselves made tools
1 for party purposes : or, as was facetiously a:
! " punching sticks for neighborhood factum - |
Teachers, it was admitted, were uuder all tf I
cumstances bound to set a good example, k
just in the same sense and to the same ex:et
that every body else was.
It was on the other hand urged that it
an unguarded and unwise raanuer of speak,is
to say that Teachers had no greater respee
bility than other men ; it was a general po
ciple that what might be wrong in auv pers
in ordinary circumstances, may be much nf
so in another person under different cird
stances ; that the greater degree of inflow
increased the measure of the responsibility f
teachers ; on the principle generally recofJ
ed of raisplied contracts a Teacher was boa
to bring all his powers and influence to b*
on the great object of his profession— the *
vancement of his pupils ; and hence he is *
der obligation to avoid everything that
divert from the attainment of this.
The co-operation of parents and teach?
implies that both agree and that both *
right; the authority of the parent beins!* 1
mount, and the Teacher having no right tci
cnlcate on pnpils principles contrary to th*
of their parents and in opposition to tt
wishes. On the general import of the res*
tion, the importance of attending to the
ject of physical education was presented >
a view of the fact that many parents kno*
very little about the subject—and in re->'
to moral training it was shown that the i*
tion and the sphere of the Teacher afford'"
ry excellent opportunity directly and iwli*
ly of conducting this part of education,
ter of great and constantly growing W
tance, in view of the overwhelming A OOO
vice in all its forms which is coming in 08 '
in our large cities and over all the land 1
this, special encouragement was held oot'
teachers in the fact that even leading
not in general wish their children to be v*
ed in the same principles and to purso*
same vicious courses which they do theiu^ 1 '
Essuys were read by Miss Annie Ha"?
and Miss Elleu P. Guyer. These ess *- T5
tained much weighty sentiment on the > u •
of education well arranged and expressed *
they were read in a manner worthy the'f -
literary merit, and well fitted to impi" 0 -*
who heard them with the dignity and Wj
tance of the subject of education, and to
a happy illustration of the adaptedness <■
Associatiou to bring out in the way of .
usefulness, and for the improvement
stmction of others, talents which the n>
of their possessors might dispose tbcui W ,
ccal.