Ei
r
BILL
---. :
The following a correct copy of the Re
lief Bill, as it-passed . both Rouses and was
signed by the Governor : '
ACT,
Pr',ding for the Itestoptlon of Speile psymentaby
the Banks.and for the Relief- of Debtors.. .
SECTION 1. Be it enacted by the Senate dried
House of Representatives of the COMllitili
wea4h of Pennsylvania in . Central Assembly
met, and if is hereby enacted by the authority
of the same, That the provisions of every act]
of -Assembly, or of incorporation or re-incor
poration, heretofore passed, declaring or"tiii
thorizing the forfeiture of the charter of any '
bank, saving, trestimd t insurance company;
or cerpotatioti having banking privileges, or
inflicting say -penalties or authorizing' any
compulsory assignment for or by reason of the '
non-paymentof ary of itsjiabilities,or the issu
ing' or paying Out notes of other. banks incor
porated ender the laws of this Commonwealth,
dumb net specie paying, .or its loaning: or
discounting without the tequisito amount of
specie or specie funds, since the first day of
September, A. D., 1857, be and the same are
hereby suspended Ira the second Monday of
Anno Domini one thousand eight bun.
deed and fifty eight ; and all forfeitures and
penalties, or liability thereto, heretofore in-
ourredeor that may be hereafter incurred, be- , 1
fore the said second Monday of April, under
such acts of Assembly or of incorporation, or
re-incorporation, for or by reason of the cau
ses aforesaid, or any -of them, are hereby re.
witted ; and so much thereof as prohibits
any bank from. making.-loans and discounts,
issuing its owl notes or the notes of other
banks incorporated under the laws of this
Commonwealth, tiniugh not specie paying or
declaring dividends during the suspension o f
specie payments; or from loaning or discount.
ing without the requisite amount of specie or
specie funds, as aforesaid, be and the same is
hereby - suspended until the day and year,
aforesaid, and any such bank during such
suspension of specie payments May declare
dividends to au amount not exceeding six per
cent, per annum on its "capital ; and this act
shall.extend also to all - banks, saving, trust
and insurance companies, and corporation;
with banking privileges, chartered or re-char
tered under any law for periods hereafter to
oommerien, and to the payment of stock to
all batiks incorporated by the Legislature at
its last session. .
SEC. 2. That insddition to all statements
and returns now required by law, each and
every bank in the cities of Philadelphia, Pitts
burg and -Allegheny, shill, on the first dis
count day in January next, and weekly there
after; and every other bank in this Common
wealth or. the same day and monthly there
after, 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 diseounts; second, the amount
of specie in the_ possessioq- of and owned by
such bank, and the balance due from other
banks, in distinct items , third, -the amount
of its notes outstanding; fourth, the amount
of deposits, iveluding individual deposits, and
balances due
.to other banks ; which state
meni shall be published in the next succeed
ing issue of a newspaper of the county in
which the bank is located, or if there be. no
newspaper in such county, . then *.n a newspa
per of setae neighboring 'county, and any vi
olation Of - thiSAW, or failure to comply with
its provisions by any President or , any ClSh
ier of any bank, shall be a: misdemeanor{ and
each' f the said officers shall, upon conviction
-ti)ereef, he punished by a fine of taut less than
rive hundred dollars, nor more than one thou
sand dollars, at the discretion of the Court,.
one-half to be given to . the proseciitor, and
one-half to the county in which such bank is
Y.c. 3. That the nal3 banks are hereby re-
Tared, until the second Monday of April
aforesaid, to receive at par in payment of
debts'due or to become due to them respect
ively, the-notes_of all the solvent banks of
the.Comiiionwealth, which 'paid specie for ell
theirpabilities on and immediately prior to
the first .day of September last, and which
shall continue solvent; and the said banks
are also hereby authorized to pay out in all
their - business transactions and discounts the
said notes so long as the banks issuing 'the
same :shall remain solvent; but in case any
President and majority of the board of di-,
rectors of any of the said banks, shall certify_
to the Governor under oath or affirmation of 1
, the President, his apprehension end belief,
that any bank in said certificate named is in
unsafe condition, the Governor shall there
upon appoint three judicious periOns, not in
tereste,d in said Bank, es, commissioners, 'to
investigate the condition of such bank, and I
the said commissioners shall, after taking an
•oath or affirmation to ~perform the duties of
their appointment with fidelity, forthwith
proceed to make the_said investigation, and
°report the result thereof within ten days to
,the Governor ; and if the officers of the said
bank shall refuse to permit the •said' commis
stoners to make such l investigation, or to pro- I
duce any bOoks or documents necessary for
that purpose, or if the said commissioners,
or a majority of them, shill report that the
'Said bank is in an insolvent condition, or eon
_ ducting its affairs in violation of law ' the
Governor shall thereupon issue his proclama
tion, declaring the charter of the said bank
to be forfeited, and the-said bank shall be de
prived of all the benefits of this act; and the
directors thereof shalt forthwith make and
eiecute an assignment, in the manner provid
ed 17 the act entitled " An Act regulating
banks," - approved the Sixteenth day of April,
A. D., eighteen hundred. and fifty, and thd
expenses of such commission, including the
compensation of the'dommissionera at. eight
• dollars per day each, shall be paid by the
bank against which it is issued,nuless the re
port shall be favorable to its condition, in
- which case they shall be paid by the appli
cants: Provided, 'That no hank shall be re
quired to receive the notes of any bank against
which a certificate may be enade as aforesaid,
at any time after the deliviry of the same to
the. Governor, until the commissioners shall
report in favor of i nch bank, after which the
notes of such bank' shall again be received
as required by the provi.ifins of this seAlimi.
Sec. 4. That/the several collectors of taxes.
tolls and other revenues of the Commnn
ii,ealtb, and also county treasurers, are here
-by authorized to receive for State purposes,
the notes of the solvent banks of this Corn
tr.Onwesith, though not specie pavine Batiks,
in
,peyolent,of the said te=es, tolls.at,d reve ?
.nues; and the State Treasurer is hereby au
thorize.d to receive and receipt Tor ; the same,
iD tbo vine manner as though said banks
were opegi4 paying.
Sw, 1. • 'That the '-deposits by' the State
Treasurer, ;tr to, the .credit of the Curti:rin:
wealth, in the several banks and other corps's
rations, and ail bank notes which are now or
Laay hereafter be in the treasury during tre
period, of suspension aforesaid, shall from
time to time, on demand of . tbg said Treasu
rer,be paid by the said banks or other corpo
rations respeetively,in specie, in such amounts
as may be required by said Tre.asurer, to
enable him to .pay the interest accruing on the
public Wipe of the ComnionWealth.' -
Sze. 6..Thattipon all jedginente heretofore
entered, inwuits commenced by wrivor nth.
iirwise r or which may be entered during the
period -herein , before mentioned, in actions
instituted by writ or. otherwise iq pourt
Commonwealik, or before say - 04er.
nos or j of the riot, on jutigmenta ob,
Weed 15erere said • OtNeiti, it titt - titliiithint 4
shall be possessed of aey . estate. in fee simple - .
within the respective ' county, "Oath In the
opinion of the court, alderman,Or justiCecof
the peace, the . ankaunt--011the picigmOit,.
4yer''Efid' aboire4ll itip . lMbransees, and Ate
ammink. -exempted' fro ntlevy &SA sate - ono:a,.
."-ecution.be shall Ate entiled to *lofty of Ste- -
jmigritenti4set obtained
`or to he Xtained, on 'suits now brought; fur
the term of-one year from the date of the
passage of this act, and:on all Otttlis, for one
,yetir, to be computed from the first day of
the term to -which the action was commenced
and every defendant in:; ouch judgment may
have the same stay GI executionthereon, if
. within thirty days from the passage of this
!,r within ihirty,days from the rendition
of any tutUrijudgment,he shall give security
to, be approved, of by ;:the court or a. judge
thereof, or ,by such alderthan or justice of
the . ieseek r befora whom such judgment was
obtained, Tor the - sum! recovered , togeth er
with the interest - and - vests: Provided, • That
this section shall not apply to - , the wages of
labor, nor to-debts upon *A& stay,pfexecu
tion is expressly Waived, by the debtors, nor
to: udgments upon whict a stay' of execution
has already been taken
the
existing laws :
- .And provided ; That the provisions of this
section shall extend to judgments euteted or
to-be entered. as well upon bond and warrant
of attorney as upon mortgages to secure the
same, and -'to any subsequent grantee or
owners of the premises .i . so boun-1, as *el! as
to the original - obligor Or mortgagor : Pro. ,
rided further, That said stay of execution
shall - not
ap ply - to judgments or mortgages,
or on bon secured bytinortgage, unless the
interest thereon shall be paid within sixty
days after the accruing 4,t the same, in such
funds-as the banks are authorized by this act
to 118 P.
Ssc. 7. This act shall take effect Immedi
ately, except the third section, which shaft
not go into operation - until the provisions of
this act ate accepted as herein provided ; - but
no tank or other-corporation shall be cm
braeed withih its provisiOns more than thirty
days after the paSsage hereof, or after any
bank shall have suspended specie paythents
upon its notes or obligations unless the stock
holders of such bank cir r other corporation
shall, before the expirat ion of tbe'said thirty
daya,.or within thirty days after any bank
shall have suspended specie payments upon
its:notes of obligations,: at a meeting to be
called by the directors :tlhei eof for - that pur
pose, on ten' days public ..tintiee,• in one or
more newspapers, accept P.m provisions of
this - agt.by a majority of votes of said stock-
holders ; to be voted and . counted according
to the provisions in the charter of such accept
ing bank or other cOrporation reguleting•the
eleetibn 'of directors, but to make such ac
ceptance valid there shall be Wed in tbeOffice
of the Auditor General octhis Commonwealth
a certificate that this act has been duly ac
cepted, under the comniOn seal of such bank
or other. corporation, attested by the signa
ture 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 !ot befiire the first
day of January, Anno Domini one thousand
eight hundred- and fifty eight, or within thir
ty days after any bank shall accept the pro
yisionslof this act, a stoir;equal .to tine-fourth
of one per.centum upon the capital stock of
said bank' in addition to. any amounts they
are now by law required!to pay.
Sac: 8. 'That the forty-seventh section of
the act approved April sixteenth, one tllou
sand eight hundred: rand I fifty. entitled ":An
Act regulating banks," be and the earns is
hereby repealed : Fronded, That all suits
brought, or. now pending for forfeitures or
penaltieounder the section hpret t r repealed,
shall-not be affected - thereby. •
Sac. 9. That the Legillaturts .hereby, re
serves the = right and power to alter, revoke
or annul the charters of ar.y bank or banks,
corporation or corporations, accepting the
provisions of this act, whenever in theirepio- ,
m
ion the same ay prove injurious to the citi
zens of this Commonwealth, in such manner,
however, as to do no injustice to the corpo
rotors.
Sad. 10, at no bank, savings fund,-insu.
ranee or tru t company, shall directly or in
directly pu chase; or be!concerned in the
purchase of he notes' of any of the incorpo
rated banks of this State-at less than their
par values, and any and every of the officers
of said institutions virdating the provis.
;ons of this section, shall be deemed guilty
ofa misdemeanor,: punishable upon conviction
by a fine of not less than :five hundred &Afars,
nor more than one thousiand dolb.rs. onelkilf
to -herald to :the informer, and the other half
to the us of the , Comman wealth.
Sxc. 11. That no stocks,-bonds,,promirro.
ry notc4, per:onal Rroperty, or o:her valua
ble securities, hypothecated or held m pledge,
either .with 'power of Attorney attached,-or
otherwise, for credit Or money loaned, shall
be sold for the period of six months from the
passage of this act, without the cot:cent of
the debtor, debtors, or party hypothecating
or pledging the stone, being first had and ob.
tained in writing:
SEC. 12. That the notite required for pay
ments provided. in
. the charters of savings
fund and trust companies, on all rums exceed
ing one hundred dollars, be and the same is
hereby extended fur the period of two months ;
during the period of susperJion of specie pay
ments authorized by tbis'Aa.
DARWIN A. FINNEY,
Speaker of the Senate.
3. LAWRENCE GETZ,
Speaker of the Howe of Reprutoitatives.
Arritovirv—October thirteenth, Anno
Domini one tbOusand eight hundred awl fifty
seven. JAS. POLLOCK.
• Dissreicruns.—Tlie' Irish voters of Lear:
enworth, Kansa*, beld &Meeting before' the !
late election, and 'agreed to repudiate the Na
tional Democracy. The reason assigned tcag
the disfranchisement by the:logus Democrat
ic Legislature of all foreigners, and because a
law passed by the same bogus legi.lators
makes it . a fine to kidnap a' white baby; and
death to kidnap' a negro habYl The Irish
could not stand such Democracy as this, and
left it. We •prestnne, if these gentlemen
will suiseribe to Mr: hlitehell's • new Irish
Pro-Slavery journal. he will show them how
genuine Democracy is eimsistent with negro
stealing—the difreretiee between crushing an
Irishman and an African i though he may not
.satisfy them with regard to the disenfran
chisement act.—Narionai Era.
'HE Democaacr.—Parnon' Brownlow has
fired a verbal inn at the Dernocracy,'double
abotted Mich canister and ; grape Ad jecti vex
The ((Mowing cOndenseit specimen will illus-
Criiie•thefOreivt the diSehaige :
tie uutinified, unwashed, unregenerate;
uneducated, tniclean, uncUlitaltable, tmcivfl
iz4l, uncultivated, one:1851e. unchaste, unchar
itible, nuebivalrous, tinttstised, unchristian
ized, uncircurucised, uncavtitnspect, unclari
fied, uneoffund, unmanly, untsantltuaonal,
Uncourteous, uncouth, unmitigated and nn
damned Democracy."'
The'Parson leaves out'a unscrupulous,"
The New York courts show no mer
cy to the- villains convicted of garroting.—
Recently, one of these midnight prowlers, an
Irishman named John LlVhatc, who had
choked down a man on tbe . way, and rob:
bed 4iim of $5, was aenteti -to forty years
imprisonment. Ihe surint ilk Pali 21 years
i4d,,but will be tolaably Ovasce4 ,lib
grben . ,bis term eviro t . , •
liie bdepeideqf ROtibliCqq.
('. F. READ if 11 H. • FRAZIER. EIaTO.RS
P. E. LOOMIS, CORRESPONDING EDITOR.
XONTROSE,
Thirsday, Ociober, 99, 1897.
• sr Moro rood wanted at this office ; al
si), New York money and Pennsylvania pro
duce taken a par on subscription.
far In addition to the list we published
last week, the hill* of Troy City Bank and
the Chatauque County Bauk ars refitsed 'ln
New York City.
Or' The Reiublican majorities in this
county, as will be seen by the table we pub
lish, range as follows: Wilmot, 805
Mill
ward, 790; Veech and Lewis, 774; Clutse,
601; Young, 635; Wade,,7 7 ; Neale, 539;
0. Mott, 692; C. W. Mott, 745 - ; Frazier,
742 ; Blackmanl769.'
Nir It will be perceived, by reference- to
the table of the official vote of this county,
that the falling off from the vote at the !res
idential election last Pall--otnitting the
`Straight! American vote—is 776., Wil
mot's vote is 647 less than .Fremont's, while
Packer's is only 129 less than Buchanan's.—
Party drill seems more efficient than princi
ple in bringing men to the polls. We take
some shame to ourselves. as Republicans of
Susquehanna County, that such a degree of
apathy should have existed among Republi
cans here. It is 'not simply the right but
the duty of freemen to vote in support of their
principles. We hope , ,that en many Republi
cans of Susquehanna County will never again
be remiss in the performance of that
ar" The official returns from ;Welty
counties in Pennsylvania show for Packer
94,265, (Buchanan, last year, 118 J 74,) for
Wilmot 66,641, (Freimint, last year, 63,
280.) for IlazAhurgt 22,795, (Pillmore, last
year, 52,160,) showing a gain in the Repub
lican vote, and it loss in both the others.— .
We expect to be able to. publish the whets
official vote, showing Packer's majority, next
week.
liar The Republican majority in Bradford
county is oonsiderably less than was expected,
as is that in Tioga. The. papers at . .those
counties attribute the deficiency merely to a
light vote, and not to any change of sentiment
among the people-
The Sham Democracy .claim about 200
majority in Wyoming county, and about 800
in Wayne.
Cam" The vote of Pennsylvania at the
Presidential election last year eras as follows:
Uuiuu ticket, (t,t whin 1.17,477 woro hoctd
ed with Fremont, and 55,891 with Eillmorr,)
203,388 ; Buchanan, 230,500 ; Straight Fill
more, 26,338 ; Straight Fretnont, 101; Gerrit
Smith, 18. This shiws a majority of 705
fur Buchanan over all..
The Sullivan County Deniai . ral says
that Packer majority in that County as far
as heard from is 204, and will probably be
larger; but that Mr. Spencer, the Democrat.
ic candidate for Treasurer, and Dr. Morse,
the Democratic candidate for Auditor, are
defeated.
tgEr- By the latest news from the west, it
appears probable that the Republieans have
carried Ohio and lowa, and that the Shamoe
racy have been successful in Minnesota. .
W.A dispatch front 'Washington .84 a
" The pressure upon cotton', tobacco, and
niggers immense. Tho price of the lat.
ter in Virginia hail .hirty4bree per
cent, and no sale at that."
tar We would call attention to thO
er ilea] en t in another celumn, of the Repub
lic, a new Republican 'taper reeentiy estab
lished at Washington, D. C. The ono num
ber we have received was excellent, abound
ing in filets, statistics, and arguments bearing
on the Free-Soil question.
rresiondent writing fropi Fair
field, Ruck Cu., Wis., under date.ofOet. 10th,
says :
" I live in a fine country►. Crops are good ;
but potatoes are rotting very badly. Wheat
is worth from 85 to 87 1-2 cents a bushel." •
lar The Susquehanna Omit; Normal
School, in Montrose, yin continue through
the winter, under the charge of Prof. J. F.
Stoddard. A new term will Commence about
November" 251 and Continue 22 weeks.—
The School is very successful" and popular..
tar The vote in the House of Represen
tatives, 'at Harrisburg, Oct. 13th, 1857, ou
the final passage of the...bill fur the relief of
banks and debtors, was as allows:
YzAs--Messra. Anderson, Auguatine,Bab
cock, Baclcus, Beck Benson, Bishop, Brandt ;
Calhoun, Campbell, Cleaver, Crawford, Dock,'
But, Eyster, Foster,- Gibboney, Hamilton,
Heins, Hiestand, Ifillegas, Hine, Hoffmang
Lebanon, Housekeeper,lmbrie, ltmes.Jacolis,
Kerr, Longaker, 'Menem:, Idoorhead,Pitumma,
Nicholson ' Pearson, Penrose, Peters, Pow
tiall,,Ramse3%. of Philadelphia, _Ramsey of
York, Reamer, Reed, Rupp, Shaw, Sloan,
Stevenson, Strutiumv, Thorn, Tolan,Vanroor
hia, Voeghlay. Warner, Williston, Wintrode,
Witherow, Wright and ;intmetuutn---56:
• 'NATIIe-l:MeS1116 Arthur,Ball,Bower,Browo,
Carty, Chase, Faissokl, Gildea, Hamel, Han
cock, Harper, Hill, Hoffman, of Berke, Jenk
ins, Johns, Jobtrani,Kauffituut, Knight, Lebo,
Leisanring, Lovett, ld'Calmont;
Nichols, Nunnemacher, Roberts, Smith,' of
Centre, Smith, of Luzerne, Vail, Vickers,
Wagonseller, Walter,Xestbrook, Wharton,
Yearsley, and Getz, Speaker - 7 46 -
•
/UMW= TO TUX NOR= BEJarCII CANAL:.
The.recent freshet has sutrried.off the Horse.
Rem Dam across'the Susquehanna river, six
miles above .Tunkhannock. This will sus.
peed navigation upon the North Branch Ca
nal for a long time, it,do4 not operate. to
the,entire abandontaent &. tbet, work. All
hope, (or a long One tooome, ofgetting coal
WevOroal.the.*4lo/1 szeePt. raaro44
tai '& 1 044 _ •
• arrzs tam bunnesimri.
Tho illoithmts of th. Poor Wil i ti.:
Hui* , organization of the Re - lican
party; .f 7
„ — any4kieyet isOcatisfaitailve
menu •• - • •
~.' seieifliAtedoni : bn.
man p • ,- u
.' th t-!)3y ;Pint fire.'
t o
eating. '• -? 4outh ui lt is animate t9l
haveex --): • • Mon tendeKies eveifwire,'
and endangered the whole country, (Meaning;
of coune,_,the whole 300,000 siaveholders.)
Four years ago, we heard almost nothing
said-lore of tke ,abolitionof SlaTerl: -it was
.rettrekT,lalkell„of.ati,cthing /9-21 1 Y4',,Place. At,
some fetureAy. But how differrut new !---
doitietkrisAtionthaispkiiniiii ecionivarity
was goku,,,altweetithelittle.Riersts gi n i r .,.
published_
,ip , Tisheminge, , Miss., and the
ifitapaqs Revk earl invitee, isithrefet ewe .
...,... ~. .....,
to a repot which came out in 'the latter,
_..
al
leging, ftPin'good antlwi•rity, that there were
Area Atieirsid Abolitienitle• in Said Mahe
miago ..emanty i that ;,bosh A bolitionistshad
many of them declared in favor of a dissolia
tion of ti union, which they believed would
remit init'gineral insurrectimi :4ir Milhous',
and their field ammeipition.; that some of
those Entancipationirta publicly avowed; in
their town of Rienza, that in the • event of
such insurrection they would - solt, tent out to
fight the 'Slaveholder's battles' again.t his
'niggers,' •or his white enemies .of , the
North, should said dissolution result in a civil
war ; that, in the event of the freedom of the
blacks, they would drive them, at the point
of the baymiet, to some far Southern region ;
and that then cotton and other Southern pro
ducts would rise to prices that 'would remu
nerate the labor of the Poor Whites of the
South. The 'above report was copied in the
Clipper, and hurltsl hack upon the Eagle and
Enquirer as absolutely false,lnd slanderous
to the country, and to the character of - the
so-called Democracy, to whose account those
Abolition sentiments were credited. This
denial of the Clipper brought about an inves•
ttgation of the matter, .which resulted in a
confirmation of the report.
But, say you, "As the above has already
gone the rounds of the press, why trouble us
more with it,l" Merely to inform you, by
way of encouragement, that emancipation ag
itations and sentiments are . not , peculiar to
1 Tisheminga county, but exist, in embryo,er
r erywhere hereabouts, and are indigenous to
Southern soil. The substance of these Tish-
emingo heresies I bad the pleasure of listen
ing to, ae delivered by a very intelligent
magistrate of this .
, vtpag,e. (Here we gener
ally give such unimportant offices to non
slaveholders; but very rarely send them to
the Legislature or to Congiess, and never t#,
the White House.) The magistrate referred
to affirmed, in the. presence of Urn Slavehold
era, that the sott•fingered gentry of the coun
try were very efficient in exciting disunion
' sentinsiote, simply becatme the North might
out-vdte us inthe• election of a President,
though she should do it only in n'eonstith
tional _Manner. " But," be continued, "if
you owners of the ' kitchen wool' presume
on a unanimous turt-out of the ' Gray-backs'
to fight your battles with the North, growing
out (-Stile dissolution of the Union,--shorld
You . eVel effect such dissolution,--or to quell
ao s insurrection ofyour ' niggers' eventuating
from that source, I would respectfully inform
you that you will be ser:ously disapixiiiited,
as !have been among the ' Gray-baCks' and
have heard very many of them express a
great repugnance to spilling their blood. in
fighting an enemy not of the own making,
and in defense of an institution so much fes
tered and cherished by the 'rich, but which is
so unmistakably a general enemy of the poor
of the South. I find it is the general opinion
among the poor, norslaveholding classes that
the.sciftleig,ered gentry, instead of participate
ingiri the toils- and dangeri of such a 'war,
though of their own getting up, will generally
be hid under. some ignoble disguise, or, with
spy-(class in hand, from sonte_elevation out'of
the reach of the bullets, will shout 'to the
'While' in the vatley,"Giye it to them !",
A fear days previoi - ts to.this oenversetiOn,
these same Sisveholders, denied to me that
any such sentiment existed among the non . -
slaveheld"mg classes of the 'country. The
Slaveholders here and the demagogues who
boast so much of the loyalty of the oonslave:
holding masses - :to the peculiar institution,,
are as ignorant of the existence of such senti
ments as the live Yankees of Maine, or the
man in the moon. Is it because the poor here .
are too cosiardly to express themselves upon
this snliject, that_ they are thus silent? A
more independent and chivalrous-spirited
yeomanry are not to be found in Christen. '
dom than the Poor .'Whites of this country.
I can see ne other cause for such seeming
cowardice upon this subject,than the cunning
and knavery of our pulpit and stump orators
and 'hirelings of the press, who never breathe
a word upon this subject without first eonsult -
ing the Slaveholders, and who have seocee&
od in stamping upon: the Minds of the people
the idea that Abolitionism' ii a synonymous
term with infidelity, traitoritau; sinalgems. :
'tion, and everything else that would level the
Country, politically and socially. to a 'state
of barbarism or to the Condition uf beasts.
But, thanksio the God" of freedom and he.
inanity, , that ' 'pest delusion which hss
sa lung rested likely* incubi's upon the,sOula
of men here, is about being disiipami ey. Me
rising 81 1 / 4 of Repu6litaxises. ~..
..' The Reverend and veritable Bre - jingo*,
editor of the Knox** (Teas.) rag, ad;
venues that he is:about making's tour thro'
the . North, with Javier of lecturing to the
Yankees upon the Oject of Slattery, itu Dis
vine Origin,: dm., ike. 'The question has been'
propounded Imre, ts Would '.not Brownloi
be more profitably engaged lecturing to tl
live East Tennesseans, a majority of , whom
he recently stated la his paper to be as antip- -
cdal to Slaiery as the Chinese !"
Tivezeinte. .
, .
The lastk,nglish)ournals all contain sneW
word, which will doubtless Como into illtilW
diate use on hoth skies of the Atlantic. In,
speaking of a' eltgrapitic dispatch, they call it
a telegram,. But this knot a term of Pot
bah ceinage;it was: used by some of our
country cotemporarin i year or two ago, the
Syrachee Jeered, if we mistake not, haying
invented 4. ' - h *it iother-Aocer look, IA
first .i.but, It is .a very cuovimlens tiro) fold it,
will 1 0 .° 114 1 2 c48e AlWailli A° the *P
• -
-7:!" --- --litkoidir.PliVreetfe - ,
The Fraud Exposed. . .
(Now that the New York banks hay o n r .no
tally suspended, and - there is no longer a
!native to..nontin4„the.deception . wile!}, was
j s
itygerint* ptactilied.forwlieksitd-.Whe . !
vet 7 timif t „ , 111%. en*le newitape . r? orihat
?city, were :` iteffingi - -.the w t itsgmatChes
„!, . „ -
'Bakst !: ti sae ae .beilitu4k „ .
gee” at the eret Aiiii,ryi of ii foild upon
. the I
public, with hardly hi a parallel in cornmer- I
cial eiperience. Etery artificial influence 1
was exerted to bolster up the condition of the
banks at the last moment, and to deceiVe
those who too trustingly trnetingly confided in,the week-
Ay exhibits, and did .not take the pains to
-scrtitliliz eveli ilidiliperlicial data' which %ieie
'Anaittetortted... ',And littiongh :it was very
• elf tifidefitooll - had the-New' York Herald.
)1114,1).e* employed by
. the ` . ‘hear" i nterest in.
the 'dock .market, to assist -in creating the
panie ? ..o.4 questionable influenie .. was . turned
in the very opposite direction when the in's.
chiefluid•been done by raising •a cry Which
could not-be stopped. Oa Ttisday , teem !
ing. When the banks suspended, and, indeed,
bet a few hours before the event, this was the
language of that print-in- regard to the- con
dition of the banks:, • , •.: • • .• -
1‘
STRENGTH. 07 THE-NEW 'YORICBANXB.--.
By the-Bank Statement published. this mom:
ing, it will be seen tliat the-anticipations. im.
dulged in as to the inability of the New York
banks to maintain their position prove whol.
ly groundless... Alter the terrible week thro!
which we have . passed—a Week unprecedenti
ed in the annals of commercial suffering--.:.
they have actually gained specie, and remain
s t irwer than before. There cam be no great..
pt. - proof than this Of the. soundness of the
sy.stent on which these hacks are 'conducted,
and of the benefits which it is conferring and
will continue to confer on the community
after the panic is over., = . - • -, , ,
It is the pO.sttion :asumed by the New
York banks which - constitutes our chief ele,
Ment-of safety at the present moment."
And in - the money article of the same day,
these assurances Were quite as strongly reit
erated, as may be'seen by the following cita
tions from it in reference to the bank state-
nient : • .
"These returns are
,highly avorable. No
one dared
_anticipate such a satisfactory state
nient. Any increase in specie was th-mght
to be utterly out of, the question. The pub
lic mind must be much relieved by this ex-.
and the great danger can now be con
sidered over. •• * * We have never
wavered a inunient hi our faitb,nnd feel now
stronger than ever in the belief 'that •nothing
is de bii.feared, so far as our. banks arc eon. i
certifs.'. The specie reserve is likely to in
crease from this time out."
'These remarks have been quoted, not -for
any value we attach to the statements of the
Herald, l.ut simply to illustrate for the satis
faction of others more credulous or easily
imposed upon, What sort of favor its most
serious, dvvlaratiiins are entitled i.e receive.—
Our own convictions - uPoli the exhibit . whiehl
professedly elicited these deceptive duclara-;
lions, were precisely opposite, mid were em--
p hatically uttered. But wa• were not then
apprized that a greater (mad than this, and
in quarters more responsible and respected,.
had been successfully practised. Olio of the
means employed to give it vitality, was, a
meeting tithe bank- presidents on Monday;
when after a_ long preamble, asserting their
ability and purpose, the following resolution
was ;gassed unanimously
`,‘Resolred, That the banks of the city of
New York are determined, at all hazards and
'under all circumstances, to perlorm_their du
ty' to the -country, and till its great interests,
in the maintenance- of specie payments,
and
that all classes of the community sheuld:sus
tain them in i at rying out thisdete_rmitiation."!
The best comment that can be• made upon
this proceeding is a resolution passed by the
same teen the very next day, in these. words :
"Respired, That it is expedient that the
Banks.of this city suspend specie payment
tomorrow." •
Now, we contend it was utterly linpossi- !
ble for the banks to have hem ignorant on
their true condition when .the first resolution
was adopted, and that knowing it as they
must have dune, a deliberate and wilful fraud
was attempted, Which reilecti dishonor upon
every man who sat in that meeting. We do
nut blame them fur suspending, when sus
pension became inevitable, because no con
stitution or law Can compel an impossibility
to be performed however -human 'ingenuity
may be taxed Co devise it.. The wrong was
in the pretence of doing •what - was not and
could not. be -done. It this deception bad I
stopped here, it would have been bad enough
but another phase , of it, . has come to light,
which ought to anisign every participator to ,
the penitentiary. • It will be remembered.
that, , at %be time of our suspensioa, the Even
ing Post was must otriciou4 in disparaging
the position ofthis city,.end industrious - in, ,
reptesenting that the conr-e of business was
such that New York could n ot be injuriously
affected-f: Subsequently, is commenting up
on the events which produced suspension I
there, that kith-nal made this, notable admis-'
faun -with as much uunehalence as if it were
an ordinary business transaction.
"The available specie in some 'cif the lar.
ger institutions was much less than repre.
sented in their late official averages, in con-
seqUence of some of_ the heavier depositors
and private banking houses allowing their
balances to remain on special account."
, It thus appears, while the forins of - law I
were complied within making weekly state
ments, that the important element of specie
which entered into them, was nothing more
than a contrived , fraud, to which both the
banks and certain-depositors were parties.-1
We don't know what peculiar notions of
morality maj ex; t in New York, in com
mercial or 1 business, but we do know
tlett al! eve world outside of it, this
transaction would be stigmatized as a crin e .
infinitely more heinous than forgery.
It is true, our banks have suspended, under
a pressurewhich has swept- over the onuntiy,
but we have - yet to leery that, before 'adopt
ing that extremity, any attempt rwas made
to falsify their condition by resorts which'
ought to blast the character of all who were
privy to such' glaring . and criminal misrm
duet. And if men occupying the places of
trust and honor that - the.presidents of -these ,
institutionsidid in New Yerk,are 4apabre:
using 'such et peclients -to Mislead the public,
what are . we 'stippose ~ must , be - . the i ree I
state of their of aisle when- the- wbOle truth'
has been exposted I
. - =Them initictime when'
the' Winker ormeititant who 'Would tbas.dia.
grace his high eallingt would hive been doom
ed to amine for the'rest of Wilk. But we
are inclined' to Yea that:-day bait passed ;- for
with this palpable'fratid staring the comma.:
nity id the flice, meeting of the New Ytirk
merchants declared by resolution their ful
lest confidence, not only in the solvency but
in the' chaiacter of these very banks. The
frauds whit* Sir - John Pent, Strahan, and
Redpath, eornmitted recently in, 'England,
and for which English' juitiee bas . sent. Wen)
to a'fillon't I dOorn, Compare only'. in degree
with the criminal depravity' of the transaction
upon Anclr ire have commented.
Thi
- Russian ship LaForte, 84 guns, cap.
sized recently, Ws squall while going from
Revel to Cronstadt, with the wives and &m
-ilks of the crews of the fleet. 0ver.1,4014
persona were •on board, Including three Ad.;
minds, of wham only sbou 14filtnr:dopen
wtre saved,
..,rt
Emus.. •
Kansas, Oct. 8, 1857,!
The reWiliel•the election, though
rtgle, is in auffieien4 e s knelt tbat
rty haie e a ittirjoilty
sof the Territtiii v Intim
, :.41pailarOtsriott as -Dertilatsoo-01* •
reslikby sjs seven thoutta+siajoritii--•
The l figums - iibtaiyed are thosi taken Itt, the
election nivicinets, of theyotes actually, polled.l,
What the certified returnis will be, is another
matter • but if the vote has been as decided
,as it I;s:in may places, the bogus officers
.seardely dare to. change it, and the
peopfe . would not tolerate such-eh:um.
County, ti a — Mlisouri frauds
have again given Democracy ; the lead. In ,
Leavenworth aty;thiltig-tci.sYsternittie ,
letagiagL-Imk a portion . of the „actual,...Free.. -
State vote was polled. AutAi, was Kicktipoo
and 'Missouri; that..ageln carried off the bott
om- Frees Wyandlt4: the correct list is'not
it; bat - it 'gave only a Small Tik-Siate
jerky, and will not change the figitres. The
rest orthScounty stood i'•Lcitve.nworth
Free-State 56,.National Democrat27B.• Del
aware City, Free-Slat e 56, NatlihritiVbemo
cist.loo. F.astin give 40, Free-State major
ity, and the Missourians and a few of their
friends - in' the Territory gave National
mocracy 500' majority Ktekapoo. Kiektt;
poo.orecinct had lam than 200 registered vo
tehr(Saw g
sfa . ll`rids, according to, Pro-Slavery
i
_
We haVe stilt ctaiflicting accounts from
Atchison' an Doniphan. 'The 'latest were
that the - Free State men carried both: But,
as Missouri has made a systematic effort to
carry the border counties, it will he better
to count on nothing tilt' we have the returns.
. In this district (Johnson and Douglas), the
vote stood
,1-,811 - Free-State to 514 National
Democrat—more than half of the latter be
ing 3tissouriana voting in Johnson County.,
In spite of the great majority, nothing but.
Systematic and untiring vigilance saved this
district. In Johnson County, although.
Diis
sonrians voted, the challengers only allowed
-.them to vote once apiece, which clipped their
wings tremendously. Again, a large num
ber of Missouri voters were challenged and
kept from voting at• all. The Free-State
men ge tti ng p oss es s ion of the polls at Le
compton was a chef d'auere, and prevented ;
all the fratidulent voting - which was . to come
"off - 'the second day; The Pro-Slavery vote
in this county is about 200„which is I think
1114 its legitimate strength, and this includes
many who pretend to be . Free-State men,
but Who strengthen the handspi the Border-
Ruffian Pro Slavery party—in - fact the " Na
tional DemOcracy." At Lecompton, where
two or three hundred thousand dollars in
Federal iimney has been expended, the whole
National Democratic vote - is, as now appears,
156. That number includ e s all those Nation
al . Democrats who, in private conversation
with. Free-State men, gave assurance that
they are fur a Free State, although they fight
with. those who are trying to make it a Slave
State. .
In Shawnee County. where Topeksis, the
vote is—Topeka, 334 Free-State; .4 National
Democrat._ .Tecumseh, .129 Free-State; 55
National Democrat. llrownvilte, 88 Free-
Soil. - National Democracy did not touch
bottom there. . Burlinganie, in that 'County,
'is still to hearlroin. '
Lykins County, 355' Free-State . to 73 Na
tional Democrat. The' unexplored regions
are not heard from. The Akfran..lhised dis
tricts will give a large Free-State vote,,in
spite of all adverse circumstances. '
Stilt later, have advices which,make the
result pretty_ certain, so far its:to be safe, un
less returns are changed. It stands
Free:State, 9 out of i 3 Conneilmen; 3 Pro.
Slavery and.l doubtful. Frse•State, 21 out
of 39. Repiesetitatives; 8 Pro-Slavery 'and
10 - doubi fel.
Froth the bangor Eeeeniv.2l-irs
Zama Buchanan a Blyatery to liimselL
• " President Buchanan sow sayw it is a mys
tery how any body could'ever have doubted
hi; present positam cm the subject of slavery
—that. the Dred Scott decision is right, that
the extension of slavery is legal, 'and that it
constitutionaPy exists, and Congress has no
power to'prohibit it in the territories.
Below will be founda series of resolution-,
drawn up and signed by . Mr. Buchanan and
tubers, and adopted• at a public meeting in
Lancaster, Pa t , in the year 1819. They are.
taken frotri •the Lanca,ter Intelligenter of
that year. 'Consis:ency is a jewel '—but all
jewels nre not equally -bright or well set, and,
by a figtire,of speech, have been sometimes
liieated ill a swine's snout.' " Mr. Biichanim 's
eimsigten .wi II speak fOr itself:"' -•
neat The people bf this State, : par.
bit? "thci rn'aihns ind 'animated:by the ben
eficence of the great founder of Pennsylvania,
first gave' effect, to the gradual abolithen, of
slavery by a national act, Which has not only'
rescued the unhappy, and helpless- African,
with in their territory, from the demoralizing
influence of slivery, but ameliorated his state
and eOnditlon.tbruughont Europe and
. ,
Amer
,ica. ,
And, Wnsasssi. It would illy comport
with those humar.e and Christian efforts to be
silent 51 , 4 mums whin this-great cause of hu
manity is about to be agitated in .Congress
by fixing the destiny,of the United States:—
therefore, .
Resolved., That the representatives in Con
gress fitan this district be, ni}d they are here
by tnost - earnestly requested to use their in
most endeavors, as members of the national
Lexiski; ere, to - previa!' the existence of Slave
ry in any of the Territories.' or new States
whida_may be created by Congress.
Resolved. (as the opinion ot this meeting,
That, as the Legislature of: this Stater will
shortly be in. session, it will be highly de.
serving. of their wis dom.. and patriotism to
`take into their early •and most serious con.
sidermion the propriety of instructing \OM*
representativesin the national Legislature to
use its:mast zealous And strenuous ezertious
tolnkibit ihe esistenes!of Silvery in any of
the Territories} or. States which may. hereal-H
ter-be Created :by ..Congress ; and ; ,that the'!
members of the Assembly from this tsmaty
be requested• to embrace the earliest oppor
tunity of bringing this 'subject before both ; ' )
theses of-the Legislature.
Betolsed, • That, in the opinion, of .this
meeting, the members of Congress who, at.
the last session sustained tho cause.of justice,
humanity and patriotism, in viti,osing the is
trodatetion of slavery into Me State then en
deavored to. be formed out. of the Missouri
Territory 4 are -entitled to the warmest thanks .
of every friend of humanity. .
Resolved, That the proceedings of this ,
meeting be published in the newspapers of
this city. .
(Signed,)
'Tawas HOPKINS,
WILLUX JiiKtsB,
JAY ZS BOHANAN.
The foregoing being read, were
uneoirnously adopted, after which, the meet
itra adjounied:
WAi:S*O. rEUXICLIS, Chairman.
Attest: Wu._ Juan's, secretary.
Ohio is the greatest wool growing State in
the Union. Six toiliioni of dollars' worth
has been raised therelids year
„In renevlvariie tbere ere willies to corn , .
g to secure their . erocriters:-.-:when
'tat ' voi they” rerpiipt no 4 re
,c l 9l d !!!11
07. -
• Rifithdus.
**resent revulsion did not begin
ncitltural or producing interests, Ad
al a . • :11-, 7 1,b0 revulsion is :low beginning
re4l interests, they are still sound ani
at -
priament di ffi culties have origins seda n
e o in railroad mismanag e .
,mintoba in mercantile miscalculations, et
ititilltted in, their effect by untoward accident s ,
anti espeCially by panic.
There have been over-importations, b ut
those over-importutions have not been ere-
MIMI by the country, but are now piled up
in the public warehoutes. The losses upo n
then% be,ennrrnous, andsnust be liquidat
-est, in good part, by bankruptcy. These los
sea will fall almost wholly , upon the import.
ers, Who are to a considerable extent th e
agent*, or branches, of foreign houses. There
has been nooser.comimption of foreign g oo d s
by the ditAtry,stor ii:there any unusual in,
debtednesa from theebuntri to the merchants,,
There has been no generarextraveganoe, b ut
on the contrary; in 'large sections of the Ile
ion, and among large classeseverywhere, th e
past year has been one of marked . economy
in expenditure. The case in not Mat the cow
trY finds itself in debt for foreign and domes
tic manufactures which have betp used up,
and are now to be paid for, but that them e .
chants and manufacturers find themselves
loaded with stocks, which they cannot dispo se
of.. The present predicament-is unlike that
of 1837, ip almost every conceivable particu
lar.
• It is loosely said That it will take all our
cotton, tobacco, wheat, and gold, to. pay our
debts abroad.' The truth is, the men who
have raised the cotton, tobacco, and witest;:
and now own those articles, owe no-debts
abroad and 'are much less indebted than usu.
al, to those who do owe debts abroad. Th e
agricultural interest have not been sounder,
more out of debt, and more independent, Gr•
ing the present generation. This "is.so eve.
ry where, not excepting the West, which in
many quarters is attempted to . ber made the
scape-goat of all the sins of the nation ` ,.
If these views of the subject are correct;
existing difficulties, however 'deplorable in
their . etfeets, will be short - lived . The great
bases of prosperity are unshaken, and what.
ever is disturbed in the machinery of exchang.
es, will be restored to regultitity. We need
more gold, but we have the means of eom.
mantling it from Europe, besides retaining
theikrge current product of uui own _mines.
Who - are the Amalgiunstunttste
Mg. EDITOR. :—Gio you inform your read.
ers why it is that Mr. Douglas:and his parti,
sans are, lately, so intensely exercised and
fearfully alarmed - about amalgamation? By
their papers and stump speeches, it would
seem they seriously apprehended that, should
the Republicans Come into power, white wo
men Would
. be obliged to marry. negroes,
whether they liked it 4* not.
To enable you the more readily , to girt,
the information here sought, I will refer you
to the returns of the United States•census of
1850. By that document it appears that the
number of mulattoes, in relation to populs
Lion' in the States mentioned below, stood as
fellows
Population. Mulattoes,
New York 3 048:325 -
. Virginia., .. . ... 894,800 79,775.
New llampt , hire. 316,456 184.
e Louisiana 255,491 33,918.
Massachusetts' .. 985,460 2.340.
Mississippi - 206,718 20,365.
Illinois 846,035 2,506.
.1 •
Xentucky 761,413 :32,353
. .
The whole number of mulattoes in the free
States, as shown by the Census, Is 56,503.
So it appears that Virginia has - 23,272 more
mulattoes than all the free Stites together!
11,..publieans are not allowed in Virginia.—
NV henever any of her citizens have - avowed
principles of Freedom, they have been Mob
bed out of-the State. • .
Every body knows how mulattoes are made. -
bo tell, then, Mr. Editor, which is the Amal
gamation patty; the: Black publicans,' or
the White Dinnocratal—McHenry County
Courier:: • •
ITEMS.
Rev..- H . W. Beecher has declared himscl4.
says the Christi-I Register; iii favor of omit
ting-the afternoon service.. He - thinks the
afternoon should be given to domestic 'eon
verse; Bible reading and religiOus instruction,
and . cOnsiders Sunday school or church going
four limes a day to be breaking the Sabbath.
A'nfong the passengers by the At/antic
was nefiry J. Rogers, Rig., (4'131%16m - ore.
Ott.' , /tpprpaohitig Salidy-ilook, the steamer
eras neared by .the Agent, of the Asso
eihted Press, ydien"llfr. Rogeri hove over
beard a Message to his wife, -which was im
-mediately conveyed to the telegraph office by
a carrier pigc:)n, and thence telegraphed - to
Baliiinere. When he stepped ashore from
the steamer was met with a message from
his wife, telegraphed from Baltimore, inform-
ing him they were all well at home, &e. -
A woman's life was curiously preserved
by' her, ; httsband, in Staffordshire, lately, by
the process of transfusion. She lay at the
point of,deathorhen, az a last resource, a vein
was opened: in her arm, arid one in , the arm of
her, husband; and as the blood flowed from
the latter it .was transmitted by suitable ap
paratus in the veins of the wife. After sev
enteen ounces had heen thus iiipted, the
pulse became perceptible, aid the'colorless
lips reddened, the glassy eye brightened, and
she thankfully said, "I am better." .The case
has progressed very favorably, and the wo
man is recovering. .
If the Stamford Advocate is to be believed,
P. T. Barnum is not intending to move to
Europe, and "on his legs" again.. The
Advocate think* he is to-ditra richer man
than he` was befire the connection with the
Jerome CloCk Cempany. It is said that be
has bought Mf , the claims against.himwilf for
from five to twenty-five cents on the dollar,
with the exception of some fifteen theusand
dbll p irs beldin and about Millbury, Which he
*ill probably have to pay in fall. The whole
of the Vast property assigned by him fur the
benefit of his creditors, has again plumed into
.his hands, mut he is now refurnishing and re
kting "irtmistare in good style, for his fu
ture permanent-residence.
A 'DariVet's.' correspondent .of the Salem
Gazette says thaewithin the last week sever
al shoe miumfinitnrerio in Danvers have made
small
_investments in Virginia hals, purchas
ing w arrants ' 'ter two hundred- acres, -at the
rate of abodi $l. per'' acre, and paying for
them in slices.. 'The State of Virginia; it is
said, leis shine 6,000,000 acres of unimproved
land, pare of it old and part of it new, tying
West of theiAlleglianies. The more North
ern sectien . of this vast tract is the seat of Eli
Thayer's entCrprise: The purchasers of the
warrants ahUve referred to, may locate any
where outside of Thayer's domain. We are:
informed that several t#anufaeturers - in Hav
erhill; Ana one, or twit other towns of the
county; have also boughtwarrantit..-
r •
The Indian advices.received it Paris ate
more gloomy than the English letters , assert.
They state that the!ebele were under Euro
pew generillship ;,that operations have been
commenced.
k to ,prevent the union of the Brit
ish iwi; that the . array may, expect five
years of fighting.; and that the native troops
ArC 119!' ,trusted an7Whrei •