The press. (Philadelphia [Pa.]) 1857-1880, October 08, 1857, Image 2
irtss THURSDAY, OCTOBER 8, 1857. THE WEEkI,Y PRESS. The Ninth Number of the WEEKLY PRESS, for the week ending SATURDAY; Ootober 10th; to noW ready at our counter. E=l CON OPREIPI AND THE GOLDIN OUP:. Au ),In tereatinvitory: li. - -Bileith briokinitts: POETRY. A MEMORY OP SAHARA—THE ICIIBBTIVS BONG. BapE THY PRINCE , OD °MURAL E. Benue. • By B. J. Bion.tate—(OrWiud.) • , • STANZAS, ON THE LOSS OP TED' CENTRAL AME RICA. By Jsesi T. Bausa—(oogßial.) , MISCELLANEOUS. BOSTON WINE. „ THE AMERICAN EAGLE. By Ilgi PAPlTniwrox. A PILGRIMAGE TO. ASHLAND. THE MORMON ON HIS WAY TO UTAII—ITE RESTING LETTER FROM ONE OF THE ELDERS. , WHERE THE JOHANNESBERGER - OOMES PROM. MR. - BUCHANAN'S SPEECH IN SENATE, ,JANU ARY 22; 1840-(Estrada.? MARION; ,THE BALLOONIST—A DARING 'AND BECALMS ASCENSION. INTERESTING LETTER OF JOHN BAYARD. GOV. BIGLER . IN REPLY TO JUDGE WILMOT. TIMELY AND HOPEFUL RLOQUENOE. DEOISIONS BY THE SECRETARY OF THE nit); SURE. LOLA MONTEZ IN BEWARE. „ HOW TO MARE A. FRENOH 000 E. , „ WIT AND HUMOR. COLUMN FOR THE YOUNG. NEWS. THE SPEOIAL BESSION OF THE 1.D:044141711E- P1LL PROCEEDINGS. .. , . THD CENTRAL :AMERICA DISASTER. PERSONAL, :CRIMES AND CASUALTIES, ISISCEL- • LANEOUS. - -. • CITY AFFAIRS. . „ LATEST INTELLIGENCE, BY TELEGRAPH AND MAILS, 'FROM HARRISBURG, WASHINGTON, CALIFORNIA, EUROPE; Ac. THE MONEY, GRAIN, AND OTHER MARKETS. • WEEKLY REVIEW 'OF THE fiLARKETS. AGIVIOULT'utc.A.L. DEP.A.RTMENT, OUR AGRICULTURAL PROSPECT& WESTERN PARAMUS , lILFOLICY. , MELTED. FOR STOCK , RENEW TRH FALLING FRUIT .TREES; &e., .44 EDITORIALS. 1 , . • PRESIDENT BUORANAN ON, grarENsrpff, JUDGE 'WILMOT'S LETTER. HON. J.L. FINDLAY. ; 1838 AND 18&7. • THRTRUE REMEDY. - MEETING OF THE LEGISLATURE. LET US THINK OF IT. FIREMEN. GENERAL PACKER AND THE MOPE QUESTION. THE BANKING SYSTEM AND THE' PRESENT .. , . anssr3. . . , . , EX-PRESIDENT PIEROI., , PANIOS-HERH AND THERE.. , i PAELHONADEE EALL STATHITIOE., : , ~ , , t ORANGE AND GREEN. - , ~• . • 41 , , '. • THE PROOESS- OP POEM . AR 100NODIY., .-: •1- GOVERNOR POLLOOK'S MESSAGE TO - SIX DAYS' , LEGIBLATURE. LAST, MONDAY, IN KANSAS THE OTHER SIDE, - CHEERING; REPORTS. - • COBITESPONDEPIOE: " ' LETTER FROM NEW YORK STATE., ILLINOIS STATE FAIR. TATTERS FROM - HARRISBURG. PHILOSOPHY ON FOOT—No. I. PROlt . WASHINGTONPERATIGNS OE THE 111:7 DEPENDENT ,TREASURY: OCAYIYUITICLAA ; TiekiIId. A WORHINtaLANI EXPERIENCE..., , p THE LEGISLATURE. BANK NOTES OP OTHER, STATES, eao., THE WEEKLY PEEN le furnished to subscribers at $2 per year, in advance, for the single copy, and to clubs of twenty; when cent to one address, adiince. Single copies Jar sale at the counter of Tae Eases Of. Ace, in wrappers, ready for mailing. ' Persona. sending club!' of twenty or over will ploaeo bear in mind that the 'piner this ordered' canna be di rected to :each. miticriber, tinlea price pi t 1.20 poxannum'is paid, and ,paid &Wan - re.: This la in accordance erfth . our publiahed rates, and sonionEour frlcuds have overlooked p it. Our he avy , conaAX,no to adhere to this rule. • , „ - On OUR ?mar PAGE , be folind 'an editorial' on the Wagon Roade Mils , being surveyd or constructed by the National 'Government,- a communication-,The , Reedy , tn, No': 8'; Col , '; respondence trom Easton aril Igarrnster,'; 911- ginal Poetry; the Courts; General News; a Pilgrimage to Ashland, and other ',lniscella memo; PROCEEDINGS OF THE LEGISLATURE , ; , '; ' Our readers will 'find the fall and admirable report'of the pyoceedings bf ;the ,I. f egjalitire yesterday, furnished by our spacial reporters, highly interesting: - So far, little, disposition has been Shown to accede to any extri - ofdinai7 demand of the banks, , but the rovnrse feeling seems to exist among the majority of qtr legislators, in the House' and in •the Senate. The provision in . bill, fixing February, 1859, as the period for the,resnmp tion of spode payments; was' amended' by changing it to February, 18¢8., „The protifpt rejection„ by an almost nnanirtforus vote, ,of Mr. Kausrmen's • proposition, ,oritemplating an issue of relief notes, shows' a gr,atifylifg advance in financial ncienco and good prin ciples. The passage by the House of a reao lution requiring, frill' irifonnationin'regard i to the OPeration's Of,,the' banks, , indicates a dis position in' that body to hold them to a'striet aCeountability. • • ' Tit LiGitsikiout ' r ',The ,present extraordiitary;easembiage' of the Legislature for the relief of the banks from the)egal penalties te'which their, failure to re deem ,th,elrlinbilities subjects them, haft, ex cited deep , interest throughout the Common wealth. It May well be questionektylibtlier it - .• would not have been Much beier„to,havd,leff the whole- question to the .new' Legislature Which*dis =about to be'leleeted by the,. peo ple, who'can'eiliress at, the polls, on Vuegla,y next, Weir ,iMinion : on all the issues And , again; if batiks are to be relieied; itf.the very hour of their delinquency, of the legal ientilti'ds 'they_ hate incurred,, what _'security can we have thatauy laws to be etiae:ted hereaf ter'will prove ' , , any, protection' against their greatest inkjuitles 7 ,Cint'alikty; o,. , punishfnent is a much greater preventive ofierirue than se verity; and if the, Legislature • absolves ,the banks from their existing penalties,' what Sort j of ftilitre, check'ean we establish'that will be 1 worth anything at,,all? The' satue„plea that theymakti now—the suiferinge of the people Ofidthe y derafigeinent!oflMaineSS - Intlirests-4 they can always make when it suits theit• plans ',to create; such , evils. Unfortunately; me:can not, for severs]. years , to, come, , ' establish a Constitutional provision, such as ePtitti Id New York, against legislative relief to non-Specie paying banks,but that will , prove; a 'subject for future 'consideration' and ' -And; mean while, ' 'it; is earnestly' to be' hoped that ;the ,Logislaturti, et its present, session,will do as little as possible in the way of prevent-, ing entire freedom 'or letion; on tliotihole bank question, by thif . .tiegislattittirilick',ls to assemble in, lanattry:pb4:: - to",,that IMO we, look ferwartlisith hope far the inauguratib3oC I Mapy inlPatiint reforms.l Let them overhaul the whole system, and, it necessary, thoroughly reorganize it. .If the; present banks are tolerited; let with the! , Clear understanding that: the people aro tO be! protected 'by every:guard that human !Inge), ituitycan devise. The evils of a t , depreciated : and irredeemable currency are 'acknowledged .hojr all, and, felt shy ail. ~ F,earful, indeed, must be the necessity which will , justify any Leg's-, lature in, authorizing banking, lustitutichs to rob the 'People, on the otie,,band; by granting the authority, to issue such j a currency, on the, pret4t; of Protecting theta, i4t; the ,Other, from a destruction, of r their business , operationa, the want of a circulating medium. - , - THE CITY LEGISLATIVE : TICKET, The ticket of the Dentocriitic, party, taro* bej. 'fore the citizens ef, Phllaidelphiasfor meniberi ' =of the Leglelattire, is undoubtedly one •ct tbe meat :44'i/nex.cePtlOnable 'that . has ever; been - presented." There Is not candidate" imined Who,'" is not known as a ,an of strict' moral Character, and ',of ecc 4-f-Icibliehed• end' unblemished_ reputation in this , • community: They are known, too,` , os, ac • business , men, thoroughly 'ai4 : Prati! , •‘'401.1,y, conversant with the wants andinte., , • ; 1 1, 1,ita of the city of Philadelphia. Al all times , :ettch men only :should sbe elected to. the'res. - Patielblo position - of legislators, but most espe 'doily, in a time of, financial revuisiO4,'fitd itp attendant_ difficulties, like the present., "ditioula, tho usual buslitesS, on the new Lees'. i iff 'devolve thennortailt duty 'at Pro! = vidim s measures, as far as may be in its power, ' many diflictilties Arising from' the pies ent 'de langenteilts:Othisir • "'Aitil t9:14, - *onetaty affairs:' • This, s, probably, rovision , the'litchy.ing system, and its tre-prganizatien Qn , AV safer, an. flriPer The=dcities ofz•the nest•Logield r ~..,tnrct iji, undo }b e 31_,1.)e of the and responsibio;cliaracter. , ',... Politically, or with reference to their pre ' ylorts Olitical connections, the present ticket if composed of members of the Democratic party and "old-line Whigs." The same re-or ganization in the city of Philadelphia is cor dially maintained which, in' the:election of President BUCHANAN, proved to. lie the bul wark of the country, and has.nci; gloriously withstood the assaults of factions and sections. The nominees for Senator and one Represents- Rye were ,formerly Whigs: three Representa tives are Democrats. We speak now in re ference to the Former political relations of the nominees or their antecedents ; independently of which, and much more important in consi deration, is the fact that they are men of high character, and stab as the cOmmunity may confide in without the smallest scruple ormis giving. EUROPE AND INDIA The ✓i'rabia, which left Liverpool on the 20th ult., and arrived at Halifax yesterday, bas brought throe days later news frotnEurope. The meeting of the Russian and French Empe rors had taken place at Stuttgardt on the 26th. It was believed that the' r Czar had consented to meet the Emperor of Austria' at Weimar on the let October. The coolness which has ex isted between them, on account of Austria's military occupation of the Principalities, at an early stage of the Crimean war, will proba bly be dissipated at this interview. NAPOLEON, Who has evidently brought this to bear, may assume the name of The Peacemaker, par ticularly if he can also restore kindly feelings between Russia and England. His own course, after the interview with the Czar, would be, via Baden, to Strasbourg, where, nearly twenty-one years ago, he had his first unsuc cessful attempt, as "nephew of the Emperor," to engage the French soldiery on his side. , !Spain consented, some time ago, to leave 'her dispute with Mexico to the arbitration of France and England ; and as Mexico has, at length, agreed to do the same, that affair may 'be looked on as settled. - The Arabia has not brought any later news ftom India. It was expected that on the day she sailed (September' 26th,) the substance of the Indian overland mail would have reached London by telegraph. The dates would be from Calcutta to the 24th August, from Bom bay to the 3rd of September. That mail is expected to bring decisive news. Dr. Wilson, Bishop of CalCutta, bad written home to his family to say that not less than a force of 10,000 British soldiers could have any fair prospect of taking so strong and so strongly defended a place' as Delhi. The numerical force before this fortress-city ,was about 6,000, at last advices, but nearly two-thirds were hors de combat from illness and fatigue. Sir COLIN ' CAMPBELL is not the man to run a risk. He will scarcely attack Delhi without a very suffi cient force, and will probably, by that , time, have the aid of General HAVELOCK, whose gallantry is now the subjectof universal eulogy in England. It is 'Significant of the manner in which In dia has been governed, that the leading Euro pean residents at Calcutta (not connected with the 'East India Company)' haie sent ,a petition to the• British Legislature, ,strongly complain ing'of the misCondnet and weakness oftho In dian. Government; and praying that the coun try 'be placed under the direct rale of Queen Victoria, with an,' open Legislative Council. 'le unpopularity of the East India Com pany, and the incompetency of its officials, are themes of censure 'thrill the leading,,English journals. , ' Even the Standard, the Conserve timor*, closes a long leader on the subject byA3aying : It is• beyond all expression lamentable to think that such an empire should have' been ,committed to the care of such inen—so superior to advice, so deaf to warn- Ingo° self-sufficient, 'end an incapable." ,But the Times contends that, oven Omit ting the allegations of this petition to be true, it only tells us what we know, that there is no Connection between its premises and its con 'elusion, and that the prayer for an open Legis lative Council is absurd; tislndia mustbe ruled by , the sword, net by a repreeentativo Govern , Perhaps to, but a responsible Govern meat, from which red tape and Ciretimlocution shall be , excluded, is what the Calcutta peti tionernAeniand and require: In connection with this, we may mention that the Daily :News and other ultra-liberal journals strongly lurgq the dismissal of Lord CAMKNO from India, suggesting that Lord Exam, who is now in ,Calcutta, ~shall take his place as Governor ,General- • ITO disniiss a man for incompe tency, is to admit that his original appointment •was Wrong, and 'as that is what the British Ministry never avow, Lord Canting° will not be disturbed. " The last report of prices at Liverpool shows a slight decline in cotton, and a continuation, with a tendency to a further decline, of the already: lowered rates of breadstuffs. The price of consols is an eighth lower than on the 122 d ult. EFFECTS OF SUSPENSION The whole amount of specie in the United states is estimated at sgoo,oomoo. Penn sylvania, having one-tenth the population, and More than one-tenth of the wealth of the Union, has at leait $25,000,000 of this specie —in all probability much more. In ordinary times this specie circulates freely. In times of Panic' and of a"depreciated currency, it scarcely circulates' at, O. If . ten dollars in notes, which are still money for ordinary transuded, aro worth fifty cents or one dol iar less than specie, nearlynvery body reinses to pay out their gold and silver. They will not suffer their gOod currency to be put on an .equality with a bad ono. This is but natural. Consequently, not only have the banks with drawn many or their own notes from circula tion, but they have also withdrawn the specie frOm circulation, by falling to redeem their notes. In a state of ,suspensien, meanwhile, those who have specie either hoard it up, or send it to brokers to be sold for a premium. Thd' thousands of dollars 'are sold every day to brokers. in Philadelphia, and they in turn sell ,A" to parties who require it to pay their obligatiod at points ontside,of our own State, which thus becomes drained of its specie. THE LATEST NEWS BY TELEGRAPH. FROM WASHINGTON. [SPECIAL DlSPitOtt TO VIE mass.] WASIIINOTOX, October 7.=-The telegraphic corres pondent to the New York Herald denies that it Is the design of the Pbatmeater General; as Stated by the JPnesg,lo establish,tn Philadelphia, a syatern of sub- Offic6, or statioti, approximating the celebrated London 'system: I have from - gded authority, that the Post-' maSterflieneral dues intend to apprOsimate that system as near, es he can de it tinder °elating !awe. I presume there will be at least four sub-officee, and several hundred bases for the collection of letters; that there will be per sons to collect letters from the beset' and take them either to the main office or to the sub-offices, as the character thb ISerViCe rcia7,l o o l l 4 q; that city 9,2:, drop letters, will, be received at, all the boxes, &await as at the sub and main offices, and that these will be delivered at two cents postage, including the carrier's fee; and that there will be four deliveries &day—city letters to be de livered directly to' the persons addressed, without going into the main Mate, whenever they may be thereby ex• pedited. , • Under present laws carriers will receir* , two cents a letter for delivery of all lettere received through the mail. •Under these laws the carrier's fundumst support the carrier system, and a less rate for delivery will net give money enough to accomplish this object. Philadelphia is a city covering an extensive area, and itscitirons are entitled to this accommedation, of mail facilities within its limits, , Which, the Postmaster Geheral proposes to establish: The latter part of the present month or the beginning of Noveinteir may eee :the system to full, operation.; X. Y. !ttElemption of United States Stooks—The Gene• eel 'Land ,Oftlee;' , .Nlearegunn Orklilibtsters. Wasninormi, October 7.—Since the publicition of a nOtiee Hid BeCretary of the Treasury, on the 24th of Septeniher t t 9 the Piesent time, nearly $2,500,000 worth of. States itoeks have been sent In for redemp tion. - The , highest amount received in one day was 5050,000 worth. Within the last three days the amount altogether wal not over one hundred thousand dollars. The fallfe r g' i alf is i'tirilnited to an improved condition of the Money market. In reply to aujnquiry made et the General Land Office, whether a tract of lend Allegany sold was subjected to pre-emption, the Acting CommiOioner reified that it was tlotpie;eroptlble ivhilst covered by an actual sale. And thohglithe este Should be declared invalid; the 141 cannot be entered until subsequent to its restore tiithe the r et, after at least thirty 'days' public notice. Signor Prissari had au interview with the President tO-day. 1n relation to hie reception u Minister of ' , the 'Department has recently sent' out Instruc tions tlithe'eetitminders of the serest' rreaasta of the genie Behedrrin i with regard to the Intercepting of arrned - partice deidping to Invade Mexico, Nicaragua, and Costa Rica. hiring ltfadleork . Catts,' father-ln•laa of Ron. B. A, tDouglai t teas commlasionei U. Seeopl Comptroller of Almoilottad Mite 'Treasury: , " 1, • 4 , 1 fP , ' , t, Thli Gebrea Electtvn.. - $ 1$ Atrnfra*a,'ClA.; 00 - C, 7:—The returns thud far!recired indicate the re-election of dames L litvaierCiOrnap from the let Oongreasional District, His opponent vas John P. 8, Huston, American, THREE DAYS LATER FROM EUROPE. ARRIVAL OF TILE NIAGARA AT HALIFAX Day of Humiliation and Prayer in pagland Lord Elgin to liCiioveritor-Genarat or India, Arrival of Yugitliii from India at Southampton FRENCH TROOPS AT CALCUTTA MEETING OF EMPERORS Mexico Accepts the Mediation at England and France. INUND.RTIONS IN SOUTH FI?.9NCE DESTRUCTION OF LIFE AND PROPERTY DESTRUCTIVE FIRE AT ST. PETERBRURO THE ABOLITION OFSERFDO 3 f IN RUSSIA A Piratical Village on the Island of Formosa Destroyed by an American 'Vessel. Cotton Declined I.Bd—Breadotuffs Declining. CONSOLS 90n90 1.8. Watery, Oct. 2.—The royal mail steamship Niagara, Capt. Wickham, arrived at 0 o'clock this morning, with Liverpool dates to Saturday, the 26th ult. Sho left Liv erpool at one o'clock P hi. She will be due in Boston on Thursday afternoon The steamship North American, from Quebec, arrived out at noon on the Melt. • ' OREAT BRITAIN. The Paris Pays says there has been received a pri vate letter from London, which states that Lord Elgin will soon bedippointed Governor-General of India, and Lord Canning be nominated to another office. The offer of a commission in the army to any quali fied party raising one hundred recruits, has been wttli drawn. An express train from Manchester to London, on the Great Northern Railway, ran off the track and over the viaduct. Four passengers were killed, including the Hon. Windsor Olive, and a large number wore injured, The subject of creating an army brigade from the middle elm of Englishmen was daily attracting more attention, and it was supposed the pressure of public opinion would induce the Government to take the mat ter up. Messrs. Harrison, Watson, to Co , ,bankers in null, have failed. Their liabilities are supposed tore large. A collision occurred between the police and military on Sunday, the 20th. Some persons were injured, but no lives were lost. Advices from Palermo state that the telegraph be tween Mita and Sicily will be ready by the mSddle of October, and the British Government will then only have to lay a cable between Alexandria end Italia to bring Bombay within fifteen days from London. The Globe says that the Privy Council have fixed on Sunday, the 4th of October, as a day for national hu miliation and prayer, on account of the Indian troubles. The Sultan of Turkey has contributed £l,OOO to'the Indian relief fund Considerable political importance is attached to this act of the head of the Mohomedan religion. The cattle disease has made its appearance in Berry, Ireland. Latest from London Lestum, Saturday.—There was a further Increase in the demand for money, both In the Stock Exchange and at the Bank, but not beyond what was to have been anticipated, from the near approach of the end of the quarter, and the largeness of the Government balance. It is stated that within the last few days a large quan tity of Malta males has been sold to be shipped to the united Kingdom, in the course of the year, in Greek vessels ; the price mentiened per quarter, cost and freight, being a considerable reduction from the price now nominally current in London. In Paris, on Friday, the funds closed at 07f. 70c.tre7f. Wm. Napoleon left the camp, at Chalons, on the 23d, wag at Straebonrg on the next day. and atttuttgardt on the 25th ult. A telegraphic despatch from Stuttgardt gives the fol lowing programme of the imperial meeting 1 Tho Em perors meet on Friday, the 28th. They will give a grand banquet on that day, and an evening party at the Princess RoyaPs country seat. On Saturday they will pay a visit to the royal breeding stud at floheuheim, and attend an evening party at Willhelmrchloss, the garden to which regal palace will be illuminated. The Minister of Foreign Affairs will have au Assem bly en the same evening, of all the members of the di plomatic corps. The festivitiea will terminate on Sun day liy a grand banquet at the Court, and a gala specta cle at the theatre. The Emperors will take their dew tore on Monday morning. The Paris Parris says the furthering of a common Spirit of amity and good intelligence between the Courts of Prance and Russia is the only object of the inter view. Inundations in the South of France have beau very disastrous. The destruction of property was Immense, and several lives were lost. The Emperor contributed 10,000 franca from his pri- Tito puree for the relief of the sufferers. The grape harvest was progreesing en the South. The vintage was most abundant. The trial of Oarpentier, Grelet, and others, for rob beries on the Northern Railway of Prance, commenced in the Paris court of Assizes, A telegraphic despatch from Stuttgardt, on the 25th nit., to the London Times, soya that Napoleon arrived there on that afternoon at half-past four o'clock. The King of Wurtemberg received him at the railway station, and conducted hint to the palace, where they wore im mediately joined by the Emperor of Rt.11391}, Contrary to all expectations, the Empress of Russia was to join the party the nextday. The trial of those charged with the committal of frauds on the Foreign Railroad had terminated. Perot was acquitted. Omelet was found guilty, and sentenced to eight years imprisonment Carpentler and Omelet were also found guilty and sentenced to Ova years imprison• meat. Furthermore, Carpentier, Greta, and Perot are required to restore 4,332 Shares and Guerin 1,400 Thei funeral of AL Monte was attended by 1500 per sons, of whom many were refugees. No funeral oration was permitted. Police precautions were taken, but no trouble occurred. Mexico has accepted the mediation of England and France in her quarrel with Spain. The conference will be held in London. Notwithstanding Madrid journals say the Ministerial crisis is over, it was rumored that General Figcu rim was to resign the ministry of war, and be succeeded by Beyond', and that several high functionaries at the palnee were to he dismissed. A royal decree convokes the Cortes for the 30th of October. PORTUGAL Lisbon dates are to the 19th ult. Great excitement existed in regard to the supposed outbreak of yellow fever ; but it to smarted that tt was only light A Vienna despatch says that the Emperors of Austria tad Russia will hare au interview at Weimer ou the let of October. . DENMARK A Berlin despatch says that the separate negotiations between Russia and Denmark had been broken off, and that Russia and Austria had determined for the pre sent not to carry the affairs of the Duchies before the Diet,but to await the representatious of holstein The rumors of a French note in favor of Denmark aro contradicted. 8W EDEN A Stockholm despatch of the 24th, says that the fpur estates which form the Swedish Parliament have ac cepted the King's proposal that the Crown Prince should be Regent during his Ilineis. ,The proposition met with opposition only from the citizens and peasants. A fire at St. Petersburg is reported to have consumed one hundred and seventy vessels and lighters It is Mated that the Russian Government is construct ing a large fortress at Kertch to command the Straits of Ynnikalo. A Berlin letter lays that the ,Crar, before leaving St Petersburg, approved of the dra ft of a project for the partial abolition of serfdom, and, on his return, the iproject become a law * and a proclamation betrayed, nviting their owners to arrange for the liberation of the 'serfs Mature from St. Petereburg report that the reduction to a puce footing of the three divisions of cavalry o he Imperial Guard had been accomplished GEM Oaeu Paella is nominated Governor General of Bagdad, a very lucrative post. tie is charged with the duty al establishing aline of steamers upon the VOA and the lower Euphrates, and with the protection of commerce against the Arabs. Three Russian corvettes were in the Dardanelles waiting fora Armen to enter the Black sea. These ves sels, it Is understood, aro intended for guard for the ships in ports designated by the treaty of Paris. It is stated that the Porte, under the pressure of events, has come to the resolution of taking the kaki tiro on the question of the Principalities, and Is about to propose an administrative union, extending over the army, Nothing iater has been receirxl from India, but the Gorernme.ut despatches are momentarily expected. The Indian mail steamer Colombo has arrived at Southampton, with nuinerous fogitives from mutinous districts in India. They give syrightful account of the state of affairs' at Calcutta and the upper provinces of India. The Rut India Company announce that they have taken measures to render prompt assistance to all suf ferers in India. , , Fire hundred French troops had arrived at Calcutta,' from China, to defend the French Interests at Chtunier nagoro. A doubt bad been thrown upon the reported mutiny among the Bombay troops in Dharwar. A battalion of French marines would probably be sent to reinforce the garrison at Peudicbcory. CHINA. A letter from Hong Kong,,r eceived at Paris, says that the United States corvette Levant, In order to avenge the pillage by a gang of pirates, of an American mer chant ship, had burned down a village on the Inland of Formosa, which the pirates captured. Meetlog of the New Yorlc Merehants—Rellei Wanted. NEW YORE, Oct. 7.--A Meeting Of merchants was held to-day to devise measures of,rellef for the present pressure in the mope" market. A resolution was adopted recommending the banks to make an linmedlate Increase in their discounts to the amount of several millions, and *ha a further Increase of ten millions be made soon. A committee wets-appointed to confer with the bunks. The New York Custom House liger YORK, Oct. 7.—A quakerly statement issuing from the custom hewn) of this port contains the ful• lowing : The gash duties received Suring the quarter ending September tOth amounted to " 112,182,000 Tho valae of the Imports for the same time.... 71, 250.000 " export of merchandise 4 . •• • .15800 0 000 4 . 4 . . 4 exports or specie 4 . ....10,890,000 BOSTON, Oct. T.—The Sagadrek Hotel, at Methuen, Masa., with stables, out,buildings, and the "Waldo Illock, 3 ! , a building occupied for offices and stores, and a feu' dwelling houses, were destroyed by lire loot night , Later from Havana—Decline in Sugars— , Henry Loss,to Owners, &c. NEW °ALBANS, October Ti—,The United States mall steamship Black Warrior, from Havana on the 4th inst., has arrived bore. ' Sugars had declined, and holders would lose heavily, The American vessel, Itfazeppa, which had been cap tured as b slaver, had been brought into the port of , Exchange 'on New York ties 'quoted et par.' The Kansas Election ST. Lode, Oct 7,—There 1e Much anxiety hero to leiwn something of the result of the election in Kansas, but the despatch, impeded this , evening by the mail beat to Boonville, t•'&o not receiveM Sentence of a Murderer BALTIMOagy Oct. 7.-- 1 0eorge Braden was this morn log sentenced to fifteen years imprisonment, for killing Wm 9 Walters, at the Notional Gardena, 112 May last Markets edam:idiom; Oct. 7!.—A Vitlf; of 1,000 bales of Cotton line made this morning at a decline of 2e.c2,Ve. The highest point for Middling fair to fair la ,jag,pl37 4 , The Bank of Charleston has arranged to take sterling bills of exchange at par, and bills on If awe at $5 02% i/Ap.55, .NEW °imam, Oct. 6.--No axles of Cotton , denleri awaiting Same movement in exchange. The weather is horrible and no business has been transacted: There is but eighteen feet of water on the bar at the month of the klisaiselppi, THE PRESS.--PHILADELPHIA, WHIRR/AY, OCTOBERVB, 1857. BY MIDNIGHT MAIL. FROM HARRISBURG. The Speoial Session of the Legislature SECOND DAY'S PROCEEDINGS FROM OUR SPEOTAL REPORTERS [Exclusive Correspondence of the Press I Ilaaaßuena, Oetobor 7,18.5 T. • SENATk • ` - The Senate snot at 10 o'clock A. IS , punuan to adjournment. • " The journal of yesterday wits read and ap proved. ' Thu Speaker announced that he had appointed as committee on the motion of Air. BROWNE, made yesterday, Messrs. Browne, Kißinger, Welsh, Flenniken, and Wright- and as committee on the motion of Mr. JORDAN, made at the same thus, Messrs. Jordan, Lanbach, Taggart, Cromwell, Gamin, Walton, and Lewis. Mr. STRAUB presented ton petitions from citizens of Schuylkill county, praying for laws to be pasiusi to remedy the evils consequent upon the swipe -0100 of specie payments by the banks, which was referred to the special committee of seven just op pointed to consider Mr. Jounmes bill and tho mes sage of the Governor. Air. SCOFIELD read in place a bill entitled an act for the better iegulation of the hanks of this Com monwealth, and the security of ; in fact, he said, a free banking law. As he desired to call it up during the day, lie would morn no re ; femme of the bill, but would move that for the present it ho laid upon the table, which motion was agreed to. Mr. WicaiNs offered 11. resolution authorizing the Clerk of the Senate to furnish each member of the Senate with a copy of "AfeKinney's Digest of the Banking Laws,' which was adopted. Mr. Bowmen called up his resolution of yester day, calling on the State Treasurer to furnish A statement of the amount of his deposits in the' various banks, &c., and in its stead moved the following : , LF,solied, That the State Treasurer be requested to furnish the Senate with a statement of the amount now deposited by him, in accordance with law, in the hanks of this Commonwealth, stating the amount deposited k, each bank, and also the amount of bank notes in the Treasury, and the amount In each bank." Nr. BROWNE suggested that the words "in no cordanoe with law" be stricken opt, end the modi fication was accepted. The resolution was substituted for iho one of ye, terdey, and then adopted. On motion of Mr. Kiumnert, it was ordered that when the Senate adjourna it bo to meet ut three o'clock Mid afternoon. on motion of Mr. JORDAN, tho special corn. mittee9 hod leave to sit during the sustong of the Senate. And then, on motion of Mr. WRIGHT, the Senate adjourned. lit:. Taggart's bill, hthodueed yeaterday, to fu as fellows: An Act concerning Ranks lie it enacted by the &mato and House of Representa til es of the Commonwealth of Pennsy I anis, in General Assembly met, and it is hereby enacted by the authority of the moo. That the provisions of every set of As numbly, or of incorporation or redneorporation, hereto. forepassed, declaring or authorizing the forfeiture of the charter of any bank or corporation, or inflicting any penalties for, or by reason of, the non-payment of any of its liabilities, or the issuing or paying out the notes of other banks incorporated under the laws of ON Commonwealth, though not specie paying, or its loan ing or discounting without the requisite amount of specie or specie funds, be, and the same are hereby, ens- Falded until the Ist day of rebruary, A. G. 1859: and all forfeitures and penalties heretofore incurred under such acts of Assembly, or of incorporation or re incorporation, for or by reason of the causes aforesaid, or any of them, arc 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, incorporated under the laws of this Commonwealth, though not specie pay ing or declaring dividends during the suspension of spe cie payments, or from loaning or discounting without the requisite amount of specie or specie funds, bo, and the seine is hereby, suspended until the day and year afore said; and any such bank during such suspension of specie payments may declare dividends to an amount not ex ceeding Aix per cent per annum on its capital, and this act shall extend also to all banks and corporations chartered or rechartered under any law, for periods here after to commence, and to the payment of stock to all banks incorporated by the Legislature at its last session. The Sonata to-mouthed at 3 o'cloch P. At Mr. JORDAN, from tho special committee of seven, to whom wero referred several propotitions concerning bails, reported bark the bill which he, himself, had submitted, with sundry amendments. Mr. BROWNE, from the !week' committee of five, to whom twee referred a bill entitled an act regulating banks, peened 16th April, 1660, reported the same.back with amendments. Mr. JORDAN moved that the Senate proceed to (he consideration of the bill which ho had reported, in or der that it might be aeon whether they could not agree on some practical measure of relief. The motion was agreed to. The Senate proceeded to confider the bill Its commit tee of the whole, (Mr. Coffey in the chair.) The bill was read by sections, as follows: SICTION 2. That in addition to all statements and re turns now required by law, each and every bank in the cities of Philadelphia, Pittsburgh. and Allegheny shall, on the first discount day in November next, and weekly thereatter, and other banks In this Commonwealth, on the some day, or monthly thereafter, make tip a state ment to be verified by the oath or affirmation of the president or cashier thereof, showing first, the amount of its loans and discounts; second, the amount of specie in the possession 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, including Individual deposits and balances due to other Lanka, which statement shall be published in the next succeeding issue of a lieu spaper of the county in which the bank la located, or if there be no newspaper in such county, then in n newspaper of some neighboring county i and any violation of this law, or failure to comply wilts Its provisions, by any president or cashier of any bank, shall be a misdemeanor, and each of the said officers shall, upon conviction thereof, tio punished by a fine of not less than five hundred dol lars, nor more thou one thohsand dollars, at the dliere. Con of the court, ono half to be gitcu to the prosecutor, and one half to tho county in which such bank is lo cattd. SPCTION 3, That the said banks aro hereby required, during the whole period or their suspension of specie payments, to receive at par, in payment of all debts due or to become duo to them, respectively, during that period, the notes of all the solvent Lanka of the Commonwealth which paid specie for all their liabili ties on immediately prior to the tocaty-fourth day of :September last, and which shall continue solvent lint in cass nay five preffidept, of any of the said banks shall certify to the Governor, tinder oath or affirmation, their apprehension and belief that any bank by them named is to an unsafe condition, the Uovornor filial! thereupon appoint three judicious persons as commissioners to in vestigate the condition of Audi bank. And the said commissioners shall, after taking no oath or affirmation to perform the duties of their appointment with fidelity, forthwith proceed to make the said Innen ligation, and report the result thereof, within ten days, to the Governor; and If the officers of the and bank shall refuse to permit the said commissioners to make such investigation, or to produce any books or document; necessary for that purpose, or if the said commissioners shall report that the said bank is In sn titp.ufe condition, the Governor shall thereupon tame his proclamation, declaring the charter of the said bank Vibe forfeited and thenaid bank shall be deprived of all the benefits of this act, and the directois thereof shall forthwith make and execute no assignment in the man uer provided by the act entitled ‘f on act regulating banks" approved the sixteenth day of April *ono dominl eighteen hundred and fifty, tho expenses of such comtnission, inch ding the compensation of the commis. hankslone t a lf g a a t i n t , n t n w to i t r i t t:r i n t t i lr i, t i y et e i paidc 4 h4h u al l i ho be revo t b); h t t, b l e i be favorable to its condition, in which CLIO they shall be paid by the applicants; but any bank or hanky which shall before the period herein before limited, resume and continue the payment of specie on all their liabili ties shall nut, alter such resumption, and daring Such continuance, be subject to any of the provisions of this section • • Provided, that no bank chat! be required to receive the notes of any bank against which a certificate may bu I made as aforenald, at any time alter the dallier) , of the scum to the governor, until the Commissionces report in favor of snob bank, after ...Lich the notes of such bank shall again (•o received, as required by the plot Isions of this act licertm 4. That all delimits by the Kate Treasiirer or to the credit of the Coniiiiono ealth in the several banks and other corporations. and all bank notes which arc or may be in the Treacury during the period of suspension aforesaid, shall from 111110 to time, on demand of said treasurer, be paid by the said leinke or other corporations respectively, in specie , In such amounts as may be re quired by said treasurer to enable bins to pay the inter est accruing on the public loans of the Commonwealth. NridTION b. That upon all judgments heretofore em tered or which maybe entered during the period heroin before mentioned, to actions instituted by writ in any court in this Commonwealth, if the defendant shall be possessed of any estate in fee simple within the teepee the county, worth, In the opinion of the court, the amount of said judgment, clear itt all imam brances, he shall be entitled to a stay of exe cution thereon for one year, to be computed from the first day of the term to which the action lens commenced, and every defendant In such judgment may have the same stay of execution thereon, If within thirty days from the passage of this act, or within thirty days from the rendition of any future judgmint, he shall give security, t a ke approved of by the coact, or by M 1 jpdge thereof, for the mum recovered, togothei with interest and costa. it. This act shall take effect Immediately but no bank or other corporation shall be embraced within Its' provisions mere thin sixty days after the passage hereof, unless the stockholders of such bank or other corporation shot before the expiration of the said Co din Boit a meeting, to be called by the directors thecae( for filial purpose on ten days' public notice in one or morn nepapapers, am, cent the provident of ibis net by a majority of votes of said stockholders to be voted and counted according to the provisions iu the charter of such accepting bank or other corporation regulating the election of directors; but to make noel, acceptance yoltd, there shall be filed in the office of the Auditor General of this Commonwealth a certificate that thin act he born duty accepted under the common seal of each bank or othef corpoi Mien, attested by the signature of Its president or cultist Mr. PINNEY moved that all spite, obtained or tei be obtained, Khali be computed from the date of the pas sage of thin bill, The amendment was agreed to. Mr ELENNIICCH moved it to provided, an an udditlonal aretion, that section forty-seven of the net of April 10th, 1650, he repealed; which sins arced to, The committee role,' and 'Air Corm reported UM hill back to the Hausa n al, the amendment iThich bent been anrecd to, On 'notion of Mr. Joisoart, the sprout trading of the bill has proCeeded with. Mr. SOUVIAIn moved instead of Kibil the year MA he tins time axed for the resumption of baut.a. Mr. TAM; tor believed the object for ti Inch they had assembled, was the relief of the commercial commu• nity, and that, If the amendment ho adopted, tho result stout,' be just the reverse. Instead of enabling the bunks to discount for their customers, and thus reliel 0 the community,. they would be compelled to contract still more than they hose. He hoped the banks would be given aniple time to got in their loner. Mr. JORDAN WAR fine to say, when he flat investigated tho subject, ho wan in favor of the limitation of ISA and the speediest resumption of specie payment, tut from the bent information he was able to pro; urn, nes satisfied that the day fixed In the bill was tlie advisable under the circumstances Twenty years ago the banks universally suspended. The Legislature then as.noW felt called on to suspend the operations of the Penal enactments in the banking lona. Tine banks were called upon to resume specie payment en a certain day, on which day 110 were unable to resume. They wore forced to. again suspend. The Reqoud s u spemiou was verso in its effect than the first, causing a greater breach ill the public confidence. lie acted on this experience. tie did net desire to be placed In the position of Milo rating the interests of the banks against those of the commercial and mercantile community'. This hill was in accordance with the ten petitions frpon Schuylkill county, and the Board of Trade of Allegheny county. The banks must have a roaonnable time granted them. 110 thought the bill Evelt stood Was more in ac cordance with the wishes of the people than the propos ed amendment. This was a vital point in the bill, at it was herein that relief could frlitinly be found, so that they ought to Consider well before striking 0 01859, the date recommended by the committeo—mirl 111 4 " ti qg l ine date proposed in the amendment. If see could not go to the root of the evil at present, we could at least grant 101118 relief by giving this edeli• Coma time. Mr. SCOFIELD said his object nos meeting of another Legislature. The last speaker had to lAA it toast the evidently divided hiA constituents into two pares—the commercial eon and the banks—but. In hie mind, there RCM Still mere important portion Which he had evi dently omitted, and that the next w as the l a b or i ng , class. lie preferred giving this matter ship the hapds of Legislature. Th e yeas im p, we re required by Mr. Rousso, and were as follow, viz ' Y6AB.—HeS9II, Brewer, .Browne, Creswell, •Ely Trawl, Fetter Flenniken, Ingram, Knox, Laubach, Myer, Bcolield,'SellerS, s3tdele; fittatib, WitltOn, Welsh, Wright—is. N.M.—Messrs. Coffey, Crabh, Frazer, Claxton', Gregg, Harris, Jordan, Ktflinger, Lewis, Schuman, Fouther, Taggart, 'Mine, Shinny (Speaker.)-14. So the question wan determined in the affirmative. Mr. BROWNE thought the term of the bill, ' , any cm , • oration." WOO too general—there were many corpora tions besides banking corporations. If gentlemen meant banking association , ' and corporations of a similar na ture, let them say so. Mr. JORDAN said, that if the words ,4 or any ether corporations" be stricken out, others should be substi tuted for them. Mr. Ilnowss moved to Insert after the word corpora tion the nor& " having banking privileges t' The amendment was agreed to. Mr. Ca on moved to amend, by providing in the bill that the penalty IncurtatO by a bank In the non-pay ment or its liabilities of twelve per ceut. Interest, be re dared tit Ittx per cent. JOIiDANI Mated that the amendment proposed wan In effect already in the bill, and the amendment wan withdrawn. Mr. TAMI 40T moved to strike out the words first Monday of Februark, '1868," and insert In their Mead,. 6 , first Monday of April,lBsB.l , Mr Lewis hoped the amendinett 'weld tot ho agreed to—April was the worst time upon which to fix. Ito suggested May. Mr. TRIIIART accepted the 111 0dilintion, von Made his ammilment read nest Monday In ➢fay, 1.4 m The yaws and nays wero regaired by Mexer4 WRIOIIT and Joanna, and a are as follows, via: - • • Yells---lessrm Brewer, Coffey, Crabb, Frkzer, Gregg 11 - orris, Jordon,Ginger, Lewis, SeGerA, Shuman Soutliet , Taggart, NV illtlue-14 Browne, Creswell, Ely, Evans, Fetter, Flenniken, Ingram, Rimx. Laub..li, Myer, Sco field, Steele, Straub, Walton, Welsh, Wright, Finney, (Speaker )—]B. So the question was determined in the negative. Mr. TAnoAnT reneued his drat amendment on the words ' , first, Monday of April," which was disagreed to, there being sixteen ayes and sixteen na)es, and Speaker PINS EY voting In the negative. Mr. Gazzan moved to Insert the won's "third Monday in March," and Mr. Merry the words fourth Monday of March. Both amendments were disagreed to. Mr BROWNE Inn Ted to insert after the word tanks in the first section, "saving, trust and insurance compa nies," so that it would read "forfeiture of the charter of any banks, saving, trust and insurance companies, ,kc reference to the pamphlet laws of 1851 it would he aces that those institutions wore liable to hie penalties of the thirtieth section of the act of 1850. The amendment was agreed to Mr. Ilitowaa moved other amendments of a verbal character to make all the provisions of the bill cor• respond with amendments already adopted. ?dr...WRIGHT offered an amendment striking out that portion of the bill w which authorized new banks to start on the basis specilled. Ile thought it would be an act of folly to give the banks any additional rights of such a doubtful character. Mr. CRAIIII mid that if Mr. WRIOUT'a views elinuld prevail, lie would strike out of existence all the banks which had been inoorpornted by the last Lemlotus°, and lie could not gofer undoing in a moment what there bad Leon no much time spent in doing last session Mr. Wntonr said that when we learned that we had taken a wrong stop it wee noble to retrace It. Those who had onotained the banking system acknowledged that they had gout; astray, and be now hoped they would have the manliness to lend a helping hand to rectify the wising by striking out the portion of the bill apemfled in his amendment. Mr. Wit-niNs did not know that lie would have taken the floor at all if he had not been directly appealed to Mr. Wright was, in his opinion, too perpendicular in its banking notions. It was not his doctrine to sweep train the Commonwealth the entire banking system. The evil existed, And all that could be done, was to re medy it. It was mixed up with all our business transac tions, and nowhere in the world was a banking system so apparently necessary as in the United States. If It were passible to extricate oursels en from this necessity, he would be glad to do it this own city gave an exam ple of the connection with the banking interest, not only of capitalists, but ;of the laboring classeawbo were out of employment by the present crisis Mt Woman withdrew his amendment, gating that it had not been his design to bring up thequestion of banking generally. SeOPII:LD moved that the further consideration of the bill be postponed. and that it, together with the amendments agreed to, be printed; which motion was agreed to. Awl then, on motion of Mr KILLINGEB, the Senate, at ,SX o'clock P.M., adjourned until to-morrow at 10 o'clock A. M NOUSE OF REPRESENTATIVES. Tko Mouse mot et 11 o'clock. The journal of ye3terdny was read. PETITIONS ' fie. The SPEAKER presented to the Rouge the me mori .1 of the Presidents of the Banks of Phila dolphin, which was read and referred to filo Com Witt.° on Banks lAlsn, a connuunioation from thecitizens of Barks county, asking relief from the suspension of the blinks, which was referred to the same committee. •Thu various counties wore than called for peti tions. memorials, remonstrances, ,tc. Communi cations were received from Allegheny, Schuylkill, and Washington counties, on the subject of the suzpension of the banks, and referred to the Com mittee on Banks. bnAve OP ABSENPE. Leave of absence Was granted to Mr Backhouse, or Allegheny county, detained by sickness at his home. ItEgOLUTIONY - • MI KAUFFMAN offered the following resolution, rthiell wag agreed to: Re' ,!red, That a hen this 111.11141) adjourn it taljoarus to meat at 3 o'clock tki9 afternoon. ' Mr .Montia offered the following resolution: I Reesteed, That the Governor's Message bo referred to o select committee of thirteen, to be appointed by the Speaker, who shall report upou the satuo by bill , or otherwke, as soon as 11091itat) I The tosolution was read a first and second time, and adopted. . The SPRAKEIt stated that the committee would be announced at the next mooting. Mr. AiU3l3fA also offered a resolution authorizing the Clerk of the Ilouse to purchase fur the use of the members one hundred copies of McKinney's Lige:E. of Tams relative to hanks, saving institu tions, ac., provided the cost should not exceed one dollar per copy, which resolution was not agreed to. =EI air. KAUFFMAN read in place a bill temporarily quspending certain penaltiev, which WB5 referred to the select committee of thirteen. Tho bill provides for suspendiug the penalties against the banks on certain conditions Als.), a bill authorizing a temporary loan, which wee read The bill authorizes the Qoyernor to negotiate a lean not exceeding one million dollars in the Mai iVay. The question being on Its reference— Mr iCAPFPMAN mated to refer the bill to the select committee of thirteen. Mr FOtITER (of Clinton) inquired what exigen cy existed which required the negotiation of a loan of 51,000,000 for the Commonwealth. Did the gentleman know that the State was bankrupt Mr. KAUFFMAN did not know whether the money of the State was deposited in the hanks of Penn aylt aide or not; if it was, ho thought the State 'Tai iu a bankrupt condition. Mr Parr. asked the gentleman fro}..l Lancaster (Mr. Kauffman,) in HOllllOlO of the Commonwealth and her great interests, to withdraw the bill for 'the present They were not in a condition to pub lish to the world that Pennsylvania was in an ac tual mate; of bankruptcy. Such an acknowledg ment was contained in the bill, and designing men would use it to the injury of the credit of the State. The times w ore toosurious, in his judgment, ler introducing measures of this character. Mr Mretta thought the subject too serious to bo hided with. Tho object of the gentleman, he sup posed, was to provide a circulating medium in ease 'the suspension of tho hanks continued, and ho be lieved this could be reached in some other way than by a loan on tho part of the Commonwealth, which Man was not needed, and therefore should not ba raised. dfr MCCALMONT said that tho proper committee to which the bill should ho referred was the Coin mitten of Ways and Means, to whom subjects of this nature were always referred; but if the gen timuttli vented a fancy committeo for his bill, ho suggested tho Committee on Vice and Immorality 1r KAUFFMAN did not think that his constitu ents would roar that the Commonwealth was bank rupt bemuse he introduced this bill. Its object Mil to get change for the community, to got into circulation relief notes of the denomination of one and two dollars, which the people would know and pay out, and receive with confidence. There was no likelihood of gold and silver being a circulating medium for a long limo to come. and it was neees• eery to provide cameo relief meatier° of this kind. The motion to refer the bill to the special vale t/14RM was decided in the negath e—Yana 92, nays 1, (Mr. li:infra= ftlr. BALL moved that the limp° proceed to the con. , :ideration of tho bill, which motion um agrecil to, On motion of Mr ri:ITER, the further considera tion of the bill was then indealnitely postponed by a vote of 93 to 1, (Mr. Kauflum.) Mr. JENKINM road in his placo a bill to change the place of holding the elections in the borough of Scranton, which ho desired to be considered at once. The bill was taken up and passed the houso at which the elections were formerly hold having been torn down, it was neceoary to lix another place. Mr. Poet; rend in plum at bill entitled an act concerning . banks," which, on motion. was referred to the special committee of thirteen. Mr..llANcocK offered the following resolution : Whereas, The people of Pennsylvania wall be called upon, through the ballot-box, for an expression of opinion. on Tuesday, the 13th of October, as to who shall represent them In the hall of legislation; and Ogren,. the banks of this Commonwealth are in a state of suspension, and that the people, in their capacity o freemen, may have a right to express their assent of disapprobation of any measure concerning theta at thar time. therefore, be it lirsoteed, by the Senate and House of llepresenta that are adjourn sine din on 'Thursday, the 9th day of October. at 12 o'clock M. The resolution was considered in committee of the whole, (Mr. Williston in the chair,) and was reported to the llouso without amendment. Mr. 11IF:9TAND moved that the further conside ration of the resolution ho postponed until Tuesday next. Tho yen , and nays worn required by Mr. Ilex cock and Mr. HEISTAND, And icero as fellows, viz r.4.—.l4esfls. Andes on, Augtutine, Babcock, Boehm, Ball, Bermon, Bi.hop, Campbell, Cleaver, Crawford, Hoek, Eyster, }Dater,o,bboney, Mest erei, Ililieges, Hine, Holtman, (Le!banon,) House keeper,• Itu brie. Jacobs, Johnson, Kauffman, Kerr, Lebo,Longnicer, Moorhead, Mumma, Musselinan, Penrose, Peters, Pouliot!, Purcell, Recd, Stevenson, Struthers, Thorn, Vickers, Wagonsel ler. Warner, Witherow, Wright-13 Nsys—Messrs. Abrams, Arthur, Beck, Bower, Brandt, Calhoun, Carty, Chase, Ent, Pauield, lJil dea, Hamel, Hancock, Harper, Heins, /lonian, (Berks.) limes, Johns, Knight, Leisenring, Lovett, Manear, M'Calieont, vain, Nichols, Nicholson, Nunnemacher, Pearson, Ramsey, (Philadelphia.) Ramsey, (York,) Reamer, Roberts, Rupp, Sloan, Smith, (Cumbria,) Smith, (Centre,) Smith, (Lu rarue,) Talon, Vanvoorbis, Voeghley, Walter, Westbrook, Wharton, Si' intrude, Trarsley, Zim merman, Coto, (Speaker)-17 Mr. TIIORN hoped that the Bowie would not adopt the resolution. Within an hour, it commit too of thirteen Wu! 4001 appointed to take into con sideration and tepi(rt upon the message of the Governor, and the various bills which had been presented. Would it be right and proper, after having done that, to move to adjourn sine to-morrow at 12 Al If it hod been the intention to adjourn to-morrow, and let cpery body and thing talce care of itself, that committee had better not have been °rooted. On motion of Mr. CAtmoun, the Mouse then ad journed until three o'clock P. M. AFTENNOON SESSION The House mot at 3 o'clock P. H. ➢ILLS PASSED. Mr, VAN Voitiives read In place a bill to correct a clerical error in the act of the lath of May, MT, enti tled un act tp legitimate Mary Alleo; the bill oat read three timcs and paused. Tho Speaker stated the Ituaineas in order to be the eousidetAttort of the repadutioue submitted yesterday by Mr. GIL ova gallthg for exhibits l rout the various banks, the question being bn a motion to postpone them indefi nitely. , The question was taken, and the motion was not agreed to Mr. G MUSA aubinitted the following additional reso lotion as au amendment ; " Resolved, That the cashiers of the aevevnl banka of thhi Commonwealth ' shell forthoilth make out a list, under oath or affirmation. of the amount of moneys loaned by each bank respectively, mid the time when It was loaned; each particular aun4unt, whether to Indivi duals or thins, and their names; and also the amount of notesin circulation, specie on baud, and the amount of deposits, together with all the assets which can be con carted into specie at any time, and the particular busi ness or trade m which each borrower is or was en gaged " Ho moved that the Mouse resolve itself into a Com mittee of the Whole for the pm pose of considering the amendment to the recolutioni. . • . Mr. IltEergen moved that the House resolve itgelf Into Committee of the Whole fur the purpose of gene ral amendments, which motion was not agreed to. Mr. I,o:wan:tin suggested that the gentleman frame Philadelphia should add to the oubstitoto the words, "maid exhibit to show tho affairs of the banke for the tact SIX 311011tilS " Mr. (7u.ust adopted tin. suggestion, and tho f,utiti tutu waa an amended. Mr. BUJ. desired to know whether the names of in dividuals and firms score to appear in the exhibit "hick these resolutions called fur. lin did not think that their inquisitorial powers were quite equal to this They had no right to make public the names of Individuals or firms who had received ac commodations from the banks, ut a time when such pub lication would very likely ruin the parties Such an atteinpt would be attended with great risk of Injuring numbers of honest men who were Int olved, and who Were nobly strivinx to eats irate themselves Mr. (lusts mud that It had become a point of great necessity that they should know how the banks had been managing their business, and ascertain, if possible, the causes that hale brought about the present difficulties It they nem to lie striven from the pursuit of this informa tion, by the apprehension that it uugtit embarross individuals she have been the iecipleuts of tank favors, the result might be that they crunlel legislate to the general detriment of the people of the common wealth, merely to save the reputation of a fen indi• video's. There had hardly been .e loan made to a business luau which, if made knou m , u mild net to his detriment; if the exhibit was made, it would show loons, , and liberal ones, to irresponsible parties s ho, by Ins oritimm had received aCCorUinOda tions,and if this was known they would be enabled to le gislate, and hOld the hanks to a strict accountability, punish them for violating their plainest duties, and thereby give protection to the honest portion of the community for the future. It mils not an uncommon thing for paper to he thrown out of the discounting rooms of a bank, and parties about the floor of the bank ing house to hail the parties holding it, and propose to discount it. If it could be shown that the banks had been giving such persons the means to conduct a busi ness of this kind, it would citable the Legislature to correct a great evil Mr. LOSOECKER said that if the resolution was not in such form as to require the name of utery person whose paper wits discounted, he wished It in that form There was nothing dishonorable, in his opinion, in having a tunti'm namepablished as having received an acconfonoda lion from a bank The banks worn asking for legislation, or, if not the banks, the people here They wished some remedy by whirls they should be carried through the present difficulties, and the Legislature must know what relief soar needed, before it could act. When a business roan called his creditors together, and asked for an extension of time, he always exhibited to them the state of hie business; he opened his books find showed them every dollar which he owed, and every dollar of bin assets, and tho particular individuals whei owed it, and sat down and discussed with them the probability of this or that man being able to pay him ,• but the Legislature Were called to legislate for the people, and In legislating for them they would he mired to give an extension to institutions who acknow ledged themselves, by their very acts, to be insolvent, under the charters they had received from the Lcgislas tore ; and yet, it woo too delicate a matter to call upon them to open their books mud have a proper investigation Ile hoped there was not a member in the Ifon,:o who would refuse to sanction this demand for an investiga tion If they made the demand the banks, at least these of Philadelphia, would have an opportunity of knotting it buten to-morrow morning, and if they saw proper, before the end of the peek, furnish at least a partial statement, or give the reasons for not doings°. Mr Ersren had yet to learn, in all his experience, that when a debtor naked for a suspension, his creditors would require him to bring before them a statement of his affairs, and after examining them, publish them to the world It would to an outrage that would shake the sensibilities of almost every man. no hoped the motion would not prevail Mr. Toon:: did not think that there was sufficient time in the few days they would be in session to obtain the statement, and, besides, that a portoin of the informa lion asked could neyer bo furnished. They were legis lating for the people who needed relief. Their assets were not worth a button if their property ties put un der the hammer, but if prudence WIIS observed and the banks allowed to go on, the people would be saved and the banks become solvent. It was mid that the State had a million of dollars in the hulks, end if they were closed the State would lose that money, and next February would not be able to pay her in terest, nor would any of the ilicorpOrated cities whose Node were similarly situated. It was ab solutely ridiculous to suppose that the banks or indi viduate could pay in gold and silver one lithe of their obligations under the present very stringent laws Some =wore should be adopted which would restore conlidenetqietiteen the people and the banks. Mr MCCALIIONT said that the publication of the names of persons who had receiced accommodations at the hands of the banks would tend to a general de• Milli:Mon of confidence. There were hundreds of honest and good men who, if their names were pecti; billed au ro cots Ing such accommodations, would be unable to con tinue business, bat must inevitably fail. Ito was de cidedly opposed to tho resolutions Mr. IliesiaFp opposed the resolutions Mr. BALL called the attention of the House to the fact, that whilst the resolutions required an exhibit which marshalled the amount 01 indebtedness of part., before them, it did not call for the assets which those parties would receive whew their paper was discounted, and into what shape they had put them It might be that the assets would be coming in at some early day to the relief of the parties, and it required all the, skill and credit and the faith men put In them at this particular juncture to suocessfully regain this fund, with or without profit, that they might inert their liabilities In this view, he thought the resolutions, if adopted, likely to ptoduce great misfortunes Mr. Kitirrusx few .tcloork9 iv oppolition to tho regolutions 31r. CALHOUN advocated the resolutions, but was op posed to that une which called for the names of tnit sldards who had received accommodations Ito thouirht it best for them to pass the resolutions, asking state meats from the various bunko, and then adjourn and go home, and re-assemble In the course ,of a month, when all the tnformation devised could be laid before them in Ito entered into an able argument show*/ that their powers as a legislative body continued until the first Tocaday In January, and did not expireon the 13th of oe tob.:r next, as nas supposed by some who had not ex amined the Mr OiLDrA said that ao he was anxious that the reso lutions should be adopted, he would so modify the amendment as to strike out that portion which calls far the names of parties who had received accoinmodn- Ilona from the bank, which appeared to be the ou'y ob. jeetionable feature in then, it amendment WAS M., Modified The question being on the House resolving i4elf into Ccaututttee of the Whole for the purpose of considering said amend 14ent. The yeas am( nays were required by Metsrg. !buss abd YEARSLEY, and were as Cottons, viz: Vass—Messrs Abrams,Anderson,Arthur,Backus,ltall, Hoek. Benson, Bower, Brandt, Brown, Calhoun, Camp bell, Chase, Ent, Fausold, Poster, Glides, Hamel. Hsu cock, Harper, Heins, Hillegas, Huse, Hoffman, perks,/ Intbrie, limes, Jacobs, Johns, Johnson, Herr, 'Knight, Lebo, l.eieeuring, Longsker, Lovett, Menear, Mellvain, Muttons, Nichols, Nicholson, Nunuewacher, Pearson, Purcell, Ramsey, (Philadelphia,) Ramsey, (Tork,) R, a user, Roberts, Rupp, Shaw, Smith, (Canaltria,) (Ventre.) Smith, (Iturerne,) WWI, Vanvoorhis, Vickers, Voeghloy, Wagonsoller, Walter,Warner, H e,t brook, Wharton, Williston, Wiatrolo, YearAley, merman, Getz , ( S peaker 1-67. N 11'8—Messrs. Augustine, Ilabcoa, Bishop, Clots r, Crawford, Dock, ki)ater, gibboney, Hamilton, Itteataud, Bemoan, (Lobatton.) llonixtieepor, Itouirinan, Moor !mid, Musselman, Penrose, Peters, Toenail. Reed, Sloan, Stevensou, Stiuthore, Thorn, Witheroir, Wright So the question WWI determined in the affirtnetive The How, then resolved itself into Committee of the Whole, (hie SMITH, of Cambria,) in the chair, and pro ceeded to the con.ideratlon of the amendment to the ve,,olutions. The question being taken, the amendment wee agreed to, and the resolutions as amended were reported to the House, read a third time, and passed. The resolutions to adopted are se follows Resolved, That tt 19 due to the people of the Common wealth that they and their representativea should know the condition of the banke of the State before proceed ing to legislate upon the recent fillSperliioll ReSoiVid, That the banks of the Commonwealth be required to exhibit at once to the (lovernor, to be trans muted to the begialature, their condition. the exhibit to he In atich detail as shall show the amount of their ttLposits and circulation, the character of the aecurtties upon which they have been loaning money, that the Legislature may know the amoral is loaned for legitimate business, and the amount loaned for mere speculative purposes it, tol red, That the cashiers of the several banks of this Commonwealth shall forthwith make out a list, under oath or affirmation, et the amount of monys loaned l.y each bank respectively, and the time when it was loauel, • sch particular amount, whether to indi viduals or tirn, , and also the amount of notes In emu lation, specie on hand, and the amount of deposits, to• giber with all assets which can be converted into ~)'tire tit tin) time, and the particular builines I or triile in which earls burruercin ur ens engaged , said exhibit to alio n the ailsurs of Ito' banks for the nienthi • Iff llr.na111"1,4 thqt ,01(.11 the llou, journi, it ho to moot to•morro4 morning at ten o'clock, n hick mu. tioll `633 agreed to On motion, the House then adjourned An Act relative to the suspension of specie payments by the banks of this Commonwealth, nisi providing for thu better security of note-holders: Sr Clare 1. Ile it enacted by the Senate and Mouse of Item esentat Ives of the Counnonw ealt is of Pennsylvania, in General Assembly met, and it is hereby enacted by the authority of the same, That so much of all acts of incorporation or other laws, as provides for the for leiture of any charter, the imposition of any penalty, the making of a compulsory assigenieut, or the pay. fount, by way of penalty, or otherwise, of a greater rate of interest than nix per centurn per annum for, or by reason of the non-payment on demand of the liabi lities of any corporation, be, and the mine are hereby, suspended, and made inoperative for the period of sixty days after the passage of this act, and all of such acts, or parts of acts aforesaid, shall, at the expiration of the said sixty days, be suspended and made utoperative for the further period of eighteen months, in the case of such banks an shall, within sixty days after the passage of this act, file ha the Mike of the Secretary of the Coin., mouwealth an agreement to comply with all the provi. sloes hereinafter eontained,which agreement shall have been approved by a majority in interest of the stock holders present at a meeting duly called for the purpose of considering the same, and the mad acts nr parts of acts CO sipipanded 41.111, at the expiration of the napes. tier periods horrid dcsignated, Vein become operative, and be of the eamo force and effect as though this act had voter been pasted Seep en 2. That at the expiration of sixty dot, after the passage of this act, it shell be the doty of tile Secre tary of the Commonwealth to Ville a inoclainatiou ting lerth the names and locality of the banks which shall hare filed the agreement aferHaid, and cause the same to be published is one or more nom luipora in cad, county whet sin to book enuineratal in each prothiceatem May be located fits, rios .1 That it shell not be lawful fur any Lank within this CSnimonwealtli, accepting the pros ision9 of this Oct atter the first day of January, Anne Domini one thousand eight huhdred nod flits -nine, to ksue, or pay out any of its own notes but such as shall be reined in the manner hereinatter pro) idea by 0114 net tirerimi 4 That the Auditor General of Om COIIIIIIOII - lo hereby authorized, and directed to canoe In be °bp!, ed, and rioted in the beet manner, to guard iig„iiiirt counterfeiting, such quantity of circulating notes, in blank, of the different denominations, not le - than five dollars cacti, which ere authorized to be i• , ue.l by the incorporated banks of this State, as he may from time to tune of nece , i,ary to carry into etlect the pros kit) aof this act Said blank circulating notes shall be countersigned by the said Auditor General, or by a clerk designated by him for that purpose, and lumbered and registered in his office, by and under his direction, TO that the notes of each denomination of such circulating notes named to the same bank shall ha uniform, All Buell circulating notes of every ilenornivallins shall lie stamped upon their twee "secured by pledge of public stock:. The form and devices of such circulating notes Inky be selected by the bank which may be entitled to receive them under the provisions of this act; but the Auditor General 51131 1 prescribe a uniformity, among all the notes eugrased, to the des ice for recoiling the signature if the Auditor General did the miniber herein directed to be put upon such notes by bin Or In his Oleo. SaCrioN 5 The bank legally assigning to and deposit ing with the Auditor General the bond', es ideneet of debt of this Commonwealth, shall be entitled to reCeile from the raid Auditor General an equal amount of such circulating notes, in blank, of the denomination such ns they may prefer, numbered. registered, countersigned, and stamped, as aforesaid; but such Slate bonds to be, or to be made to be, equal to a stock producing floe per realm per annum, and it shall not be lawful for the Auditor General to take loch stocks at a rate above their par value or above their current market value Bannon 0. That the Auditor General shall collect, at the regular periods, the interest that shall accrue upon the State bond, oleposited with rum an security far ,the circulating notes issued under the preceding section of this act, and shell ply over the same ors demand to the hank from which they were received, so long ad the market price of said bonds does mot fall below the rate at which they were latest by him. In the event of stuck a depreciation, the said Auditor General le authorized and directed to retain the said Interest until the said securities shall recover their full value, an stated in their receipt or deposit, or until such further deposit shall be made as will fully make good the amount for which the circulating notes 00000 issued; and the Auditor General is further empowered. lu case of such depreciation in the securities deposited, to regrure from the bank either , an additional deposit of !Rate bonds, to make up fully the original veracity for the notes !visaed, or toe re turn and surrender by the bank depositing, of ao much of the amount of circulation received from the Auditor General as will make good the deficienty of seenrit produced by such a fall In the market value of the said deposited securities; and on the failure of such bank to comply with mach demand, within twenty days after it shall be ensile. all the Privileges acquired under this act shall be forfeited, and the Auditor General shall itulde diately take the proper steps to cause the affairs of veld defaulting bank to be liquidated Saolloa 7. :Diet the State bonds deposited with the Auditor General, under this act, shall be held exclusively for the redemption of such circulating notes an have been issued thereon ; but, on application of the look deposit. beg, he m tr 1 etrsnufr e them, en receiving and canceller an equivalent dal omit of the circulating hotel for uhich they wash pledged. Ile may also receive and cancel mutilated circulating note. issued by him, end shall de liver in heti thereof other circulating. rote to the sal lie amount, and the mutilated note. returned shall he horned to ashes by the Auditor General iu the preset., of the State Tre, roe SECTION 8. Thal I , lle en urnieu shall be am signed to, and depo•ite the Auditor mime! In manner aforesaid. a fell closeriplion Of the - exine, signs] by the said Alidit n I; curial, :1 , 11 the presidellt awl cashier of the bank useiguing add depesitieg, the shall be Bled and recorded m the office or the' lei 1 Au (titer (tonere!, and also, in the (Mite, of the State Try, sneer, and every change or trau , ree of the same 011111 be described, tiled, and recorded in the same manner. Tlie securities shall be delivered to the State Treasurer tor safe keeping, on his receipt to the Auditor General for the salve, and any re-delivery of the /line to the Auditor (leveret. for any of the purposes of this act, shall be made inn written order of the .Auditor Gene r epecifying the pm poses for which they are re quired. which order shell be filed and recorded in the state Treasurer's office, with the Auditor General'', re ceipt for tho eecurities, or any portion of them delivered to him. A report from the Auditor General, of every rule and disposition of said securities, shall also be hled in the office of the State Treasurer. SneehuN if. That it shall not be lawful for the Auditor tieneral to countersign bike for any bank to an amount in the aggregate beyond the amount of State bends de posited at their rate of value estimated ander this law. A vie/IA(10[10f this provision shall subject the said Audi tor General, on conviction, to a eine of five tnousand dollars and imprisonment in the penitentiary for a term not less then seven years SgetieN 10 That thu plates dies, end materials pro cured Ly tho Auditor General, for the engraving and printing of the circulating notes, as directed by this act, shall remain in the custody and under the direction of the Auditor General, the necessary expenses incident to ' procuring tho said plates, dies, and materials, the print countersigning,uid registering of the" sante shall pasd by the respecttsp bents for whose use they were incurred, before the acid notes shall be delis ered by the Auditor General ; and the raid Auditor General is further authorized to charge and receive from every bank suet. rate, per esutuut, as may tee sufficient to delraytheir equitable proportion of the general expenses incident to the execution of this set. . . Secrets 11. That the banks receiving such blank circulating notes are hereby authorized, after having them signed by the president and euhler thereof, in such manner no to make them obligatory promissory notes, payable nn demand at the place of business of such bank within the Commonwealth, to loan and circulate the name as money according to the ordinary course' of banking business as defined in thisact Secrioal2. That in ease the bank making any notes count...l,4;mA, registered. soil i=stitil, as aforesaid. shall at any tune, within the usual hours of business at the banking house of such bank wiser. the same is made paya ble or redeemable, reface to pay or redeem the same on demand, in lawful money of United States, the owner of such note may Cause it or so many of such nulls as he oily present, and if payment is not made, to be protested for nun-payment, and the Auditor Gene ral, on receiving and Sling such protested note or notes, shall forthwith give notice to the bank Issuing said notes to pay the same, and all costa, and if it shall omit to do so for ten days after the service of such notice, the said Auditor General shall thereupon give public notice in at least cue newspaper published in Harris burg. and one newspaper published in the place of bus!. nesi of such bank. that all the circulating note. of such bank a ill lie redeemed by him ont of the trust funds de posited in his hands. Nrcrios 13 That no bank shall, after the protest of their note or notes, as recited in this act, make any as signment, transfer. conveyance, or sale of their property or assets; every ouch assignment, transfer, eonreyanee,or sale, Asti be null and void., and every president, cashier nod officer assenting to such assignment, transfer,convey eller., or sale of such property or assets, shall be per sunnily liablo in full for all the debts of the bank, and may be adjudged guilty of a misdemeanor, punished. on conviction, by flue and imprisonment Provided, That the protest of the notes drat protested shall oonstAnte a lien for the benefit of the creditors of said bank noon all the assets of the bank not in the hands of the Auditor General. SLCTION 14 That the Auditor General, on giving the public notice, required by this act, of the non-payment of any protested notes issued under the authority of this act, shall proceed to advertise immediately for sale at public auction, at the Merchants' Exchange, in the city of Philadelphia, the State bonds deposited with bun by the makers of said protested notes, and on the day of sale, which shall not be less than thirty days from such advertisement, and which said advertisement Ault have been published at least twice a week for four weeks in two dady newspapers printed. tu the city of Phitadelphla, he shall cause the said securities to be sold for cash under Ins own supervision ; and shall, after deducting the ex pense] of such advertisement and sale, apply the pro ceeds of sand sale to the redemption pro rata of all the notes in circulation, whether protested or not protested, matte and put into circulation by the bank of such pro tested note,. Provided, That nothing in this act shall he Lon,llered co implying any pledge or undertaking on the part of the Commonwealth for any payment le y obit the faithful application of the securttles deposited with the Auditor General. :Jet:mix 15 That if the proceeds of the sale of the eslit sscurities should exceed the amount required to redeem and nqy the circulating notes aforesaid in full, the Awl:for If mien' shall pay over such excess Into the general fund of she assets of said bunk ; bat if the pro ceeds of such sale should be Insufficient to provide in full for the said circulating notes, and he should de. dare a distribution pro rata thereupon, he shall forth ..th furnish to the trustee, of said insolvent bank a cer tilleate in writing of the amount of mild deficiency, which said certificate !hall he legal notice to them to reserve out of any meets of such insolvent bank which rosy be in, or may come into their hands, an amount sofficient to prorate for such deficiency, and he shall furnish to every holder of any note or notes pre sented to bun for redemption, and redeemed in part. a certificate of the amount unpaid on such note or notes, and such certificate shall entitle the holder topayment of the amount therein designated In full out of the as sets of the insolvent bank herein directed to b referred if the s Lid assets should he aufficient to pay all the note+ in full, or ratably if they should not be sufficient, preference to any other chime and debts vhateser, except the costa of liquidation; and should the proceed; of the solo of the said securities be insufficient to redeem all the notes put in circulation by any bank Under thin act, then the stockholders of said bank shall be liable for the full amount of all unredeemed notes in the ratio of the stock which each one mayor's. SECTION 16. That the bolder of any circulating note which may have been protested for non-paymentshall Iw entitled to damages at the rate 01 twelve per centaur par annum In lieu of interest, until final payment, pay able out of the general assets of said bank. SECTION 17. That the stock and dividends of all hanks, subject to the provisions of this act, shall tie subject to the same tally which are now, or may here after be, provided by law taxing bank dividends and mocks St 00100 H That all Lanka accepting the provisions of this act nhull , when required by the auditor General, kink° a statement In writing, verified upon oath by the roamer thereof, specifying lu detail the amount of capital paid in ; the aggregate amount of its loans ; the amount of its toms basing longer than owed days to run, distizioishing whe ther on tgage or othervils° loans ou stocks, and u het stocks; the amount of its circulation ; the amount of its depoaitt; the amount of sust.vnded debts sad protested paper, also, all other onsets not realizable is ninety days, the mounter specie and cash assets, stating ea .1 - 1 item ti parately. and also the dividends declared. The +alt Auditor General Is hereby authorized and re quired to call upon all banks, accepting the provision• of this act, to furnish him, under such rules an he may adopt, with the informat ion required of them by this section, and the Auditor General shall communicate said statements in tabular form to the Legist%tgio with in ten days after its meeting. liacTlei le. That auy president, director, clahler, etc agent, or clerk of aoylesuk accepting the provisions of this act, who Asti make Ulan statements or entries in the books of such befit, ox who shall exhibit false papers or practise wilful concealment of facts within his or their knowledge, with intent to deceive the Au ditor (liners' or other persons having lawful authority to en moue, or to deceive the public as to the coo:Mom of such Lank, ea also any person who shall , with a mew to defraud any such funk, knowingly draw or pay arir check or checks without funds In the said bank drawn up's, or to the embeulement of any of the money or assets of said bank, by any clerk, olificsr, or agent there of, shall be subject, on conrietion„ to punishment in the penitentiary fora term nut less than one year; and when such false statements are made under oath, the ii-nun or persons shall be adjudged guilty of perjury, and punished accurdiug to law. burins 20 That whenever any bank shall hare re• 4, emed eighty per cent. of its notes, and delivered to the Auditor tieneial a certificate of a deposit to the ei,. lit of the Sta.° Treasurer, In such bank as the Audi tor tieing - Amoy approve, to an equal =aunt with the vir..mlating Lotto null uuretheinol, it shall be lawful :or him to receive the seine, and I'. gate up all seeunties tl,rolor deposited by such bank for the railer.); tmo of the mit:oAm; out. a ii.•uud yet Tll,l a That Nov bank, after haring complied with the pi orvions of the preceding section of this nut, n, Kite unto, once a month, for one year, in a paper published in the plate In which sail bank has its plac e ut busiiie,s, that all the circulating notes iasued must be pre.ent,..l at the Auditor (Ismer il's uff.ce within one y. Nr from the date of the drat publication of such no• too or that the fools deposited will be given up to such b ink and on receiving antiifactory proof of the given notice for the time Mermaid, the Auditor General shall surrender to sai4 bank any funds which he may boll Mr the payment of the unredeemed notes. di crioa ill That the Auditor General be, and he is her. by, authorized, with the approval of the Governor, to employ in bin oboe such additional clerk or clerks as hi• inlay deem pecejsary In order to execute the duties unposed upon him by this act, and to pay such compen sation thornier no he may deem sunicient, the same to le paid by a general assessment upon the hauls for whom the bet, were performed a t , a , tto, it Th it no president, cashier, or other ai m, of any bank, shall discount any note of hand, bill of exchange, or other security, without the same having Dcen Brat and previoualy passed upon and approved by Me board of directors of said bank; and any of Vio lating the provisions of this section shall be deemed guilty of a misdemeanor, and, On m4 1 '141 01 1 thereof, ihall pay a tins a the hundred dollars, and he impel sonol in the penitentiary fur a Como! hot tea, than one year : Provided , That the provisions of this section shall nut be held to apply to any txtia fide sight draft, bill of exchange, or other security, drawn tun a point dis tant from the Once of business of said bank, and not in tended or deigned to ester a loan of money BILL INTRODUCED BY MR. BROWNE, OF TILE SENATE A euppletnent to au Act regulating Banks, passed the tteenth day of Apr t, Aunt, Ponsual one, thousand eight hundred rod fitty :3m., to', 1 Ito it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylva nia in general Assembly wet, and it a hereby enacted Lt the authority of the some, That in alditton to the ealuisita of the affiairs and, comkitton of the banks of this CoLosollssealth, now required by law to be mule to the dilite; general, It elicit bo the duty of each et said tanks to publish the folios, tag statements, to wit . In the erne; of Philadelphia cod Pittsburg acid county of Allegheny, It shall be the duty of each of the sail b inks located therein to publish in one of the Obits papers thereof, on the morning of Tuesday of each week, a ..t oi - uncut verified by the oath or affirmation, of the piesulent or cashier of said bank, showing the amounts respectively of its loons and discounts ' specie deposits, circulation, and total assets, audliabillties, on the day mkt preceding 5.114 publication; and in the rest of the Commons, ealth. it shall be the doty of each of said banks to make tooter.," return to the Auditor general, under Ole oath pr affirmation of the president, or cashier thereof, on or before the tenth day of each month, a like statement of the particular and total assets, and liabilities of said bank, as the Setae existed on Monday of each week of the next preceslibg month, which stateineuti the Auditor general shall arrange in a tabular form, and publish the same at the expense of said banks respectively. to uue of the newspapers of the county of Poaphiti, and if any of said bulks goal re• fuse or neglect to publish, or make the said statement fur two alms:naive weeks or months, as the case may be. it shell forfeit its charter, and shall he proceeded against, as provided in the nineteenth section of the Act to which this it, a supplement Svcrios 9 Tlmt uo lank, incorporated under the laws of this State, shill hereafter, 'during' the existence of its charter, declare or pay to its stockholders divi dends for any ono year to a greater amount than six per radon., clear of Sate 'taxes, until after the said bank shall bate accuumlated. from the profits of its bu-rues, a reserved or contingent fund, of not less thou twenty-tWe per rectum, not more thanithirty per centum, ou its capital stock paid In; nor ltitr.Afteri dii idends for any one year to a greater amount than nine per cent , clear of State taxes, and all profits earned by any of said batiks, after the acenmulatjon of =aid reserved or contingent food over and above said dividends of nine per cent , clear of State tax, shall semi-annually, at the time of declaring dividends to the stockholders, be declared by the directors, and paid into the treasury of the Commontrealh; in ascertaining said excess, ail debts due 1411/ bank, ,by notes, bills, or otherwise, shall be taken into aceonnt at their full amount. unless all the parties responsible therefor shall have made default m the payment thereof, in which latter came they shall be taken Into account as soon as collected , if any of said banks Alan refuse, to declare and pay into the treasury of the gym ? any dividends of the surplds earnings, as aforesaid, or to make a satisfactory eaten:tent concerning the same to the Auditor flu:1ml, the said officer shall settle an account and proceed against said bank as provided by law is the case of defaalt in the payment of the tax on dividends, and It shall be the duty of the president or cashier of each of Said banks to , Include In the 000 ma egibit rogykrect,to bqyAflq by 411 Illgt IQ, R4 I 4R INi ft a supplement, a statement of the amounts, respectively. of dividends declared, of the reserved or contingent fund, and of any excess, as aforesaid, paid or payable to the State during the preceding year. SECTION 3 That it than be the duty of the director, of each of said banks, send-annually, when they declare dividends of its profits, alert to declare the amount of eta reserved or contingent fund over six per cent_ clear of tires, sa afore.a.d, to that date and within three months thereafter, to invest, or cause to he inveated, the amount thereof, not exceeding in the aggregate thirty per cent. of the capital stock. as store s,td, in the loans of the United States, or of this State ' at their market value at the time of invest ment, and so to reinvest the same as the said loans May be paid tiff and the c,tiaeates of said loans shall be deposibd. be the president Or cashier of said bank, with the Auditor General of the State, who shall from time to time collect the interest thereon. mud pay it to the bank eolith reeehr_t pr ssine Ant if, at any time, any of liosuks shall refuse to pay its notes. on demand, in fold ur slier. w required by law, it shall be the duty the Au lime Geis, al. upon recei. ug satisfactory e via. nee 01 sod rrt asst. sod pon thirty dare' not" to sill bulk, to d,. pose of, at politic sale, in the cities of i Lidelpli la or Pi t t stur:h. till, or such poftion of said 100 . , 'KO depolit,t x ith him by said bank, as may be neeesiary to pay the holders of said slates Cu full. And it they shall nut be sufficient to pay them in ball, then the proceeds of said 'ale shall he divided pro rata among said note-holders. Prot aed, That nothing in this section contained shall be NJ construed as to inter fere aRh any other reined) or penalty contained in the act to which this le a supplement, for the protection of and note-holders; and it shall be the duty of the Au ditor General to lay before the Legislature, in his an neal report upon the hanks, a statement of all such proceedings by him. hornet .1 That no leak, savings fool, insurance, or trust company shall, directly or indirectly. purchase. or be concerned in the purchase of. the notes of any of the incorporated banks of this State at leas than their par seine; and every violation of this section shall be a mit &wean., punishable, upon conviction, by a One of not legs than five hundred dollars, nor more than one thou sand dollars; one half to the prosecutor. and the other to the use o. the proper city or county_ SecrioN 5. That hereafter it shall not be lawful for any bank of this State to acquire its own cap:tat stock, except when taken in payment of debts to said bank. in which case the slime shall be sold within ninety days thereafter; and if any such hank be the owner of any portion of itA stock at the time of the garage of this art, the same ,hall be sold within-one year thereafter, or as soon after the expiration of aid year as the par value eau be had therefor. . . . . tiLTTION d. That. from sod after the first day of next, it shall not be lawful for any bank to ovate, or pot in eirenlatlon, any note bin, ticket, or paper, purporting to be • bank-note, of • less denomi nation than ten dollars, TEE CITY. WISBATLEV3 ARCO STIEZT MIAMI. ARCH !TAUT. inure Si zea.—•• Caneelle; Or, The Estee( a Coquette" —" The Brigend." We,,rr Breser Cadre!. N. E. colter' cr Nesme AND WALNUT atIECT3 —`• Eltrvnief"—• • Beware of G a roteee N trIONAL Te■ITkE.WSLStt Srazet, stars Kronur. —°•The Inconstant; Or, Wine WorksWowiera"--Your Wes in Danger.'' TROMECT'S TAPICTIZS, I , IIIIM ASO CHIST3C? 8721373. —.Miscellaneous Coraerts. SASCORD'S OrERA IIOe3E• ELtrI3III"REIT, AbOTI CIIESTSCT —Ethlopisn Life Illustrated, conelnimg with Box and Cox " Fires.—Yesterday morning, shortly . before three o'clock, a fire broke out in the third-story room of one of a row of unfinished dwellings en Emeline street, running from street, be tween South and Shippen. 'The flames were dirco rerod in time for their early extinguishment ; and the loss will not exceed twenty-fire or thirty dollars. There can be no doubt whatever but that this fire was the work of an incendiary, and it is a singular fact that. on the site of the building to which the torch was applied, there formerly stood a carpenter shop which had afforded food for the incendiary for some dozen different times. The dwelling that was burned, together with the others of the row, belongs to John Mc- Carthy, builder. About four o'elock yesterday morning. another alarm of fan was given, coming from a box at Eleventh and Lombard streets. The fire, however, was much nearer to Seventh and Lombard streets, and it i- singular that the box at that corner was not stru,:k, as it was in order. The flames were discovered issuing from a stable co Bedford street_ between Sixth and Seventh. and of coarse, the in flammable nature of the contents of the structure rendered its destruction certain. The horses were taken out in safety, but a lot of harness, etc.. was burned. Back of the stable was a frame dwelling home, which, together with a feed store adjoining, and which fronted on South street, was oven Pied by Edward McGurk. The three baildings, this stable, dwelling.land feed store, thus occupied a long lot extending from Bedford street to South street At the time this fire broke out, a woman, who happened to be up at her home in Bedford street, between Sixth and Seventh Streets, saw a young fellow, who was dressed in dark clothes, come out of an alley on the upper side of Bedford street, and which led to the rear of the stable of Mr. Ed ward Me(lurk The young man ran up Bedford so Seventh, and upon reaching the corner of Seventh, street he fired a pistol, as though to communicate a signal, and ho then ran up Seventh Street. Almost immediately afterwanls flames burst out from the bay-loft of Mr. lactierk. The fire, at the start. was confined to the stable, which fronted on Bedford street, but the property of Mr. Meat:irk ran through to South street. White this was going on the flames were raging furiously; dorens of poor families were turned into the street in their night clothes, and their go , :xls were either devoured by the fire, or broken to pieces in their removal. The upper portion of the stable, with its tee tents, was destroyed. The fames communicated to the frame dwelling of the occupant, in the rear. The upper portion of this building was destroyed. The loss of Mr Mcßurk is about $5O. No insu rance. The buildings occupied by Mr hieGurk belong to Mr. Peter Cullen. The lots of the latter is $5OO. No insurance, The upper portion of a frame dwelling, owned by Mr John Oar, and occupied by John Mishach and other tetinnts, was destroyed. Some of the poor people in this house lost all they possessed in the world, and they narrowly escaped with their lire:. Among the persons turned out into the street frota this building was a poor woman who was confined ou Monday last. Mr. Oaw lost SNO. upon which there was no insurance. Another adjacent dwelling. owned by Mr. Jason flaw, and occupied by Charles McWilliams. was badly burned about the upper part. Mr flaw lams $lOO. Insured. The goals of the c>...enpant were inured by water. Vest of the stable, where the fire cocas:net:ea& a bust of small dwellings. occupied by wor and owned by James MeCluskey. The latter loam $l5O. No insurance. The tenants angered greatly front water. Fire,teteetive Blackburn, who was at ill the fires which took place during the night, male a strict investigation into the cease of the Ere las: doseribed. Mr. B in making an examinat,on of the premises of Mr. 'Melnik, became eati•sed that the tire was communicated through a window on the west side of the hay loft In looking about this spot, a box of friction matches was totted upon the ground Philadelphia Ropiest Association—This body of independent associated churches hers.: its 150th annual session on Tuesday afternoonorrth, Rev J 11. Kennard's church, in Eighth. street, above Wallace. This !anion is expected to be of unusual interest—being called the I'6-Jubilee, the cud of tho third fifty years. Special rerrices are pr.vided fur The intralotte.ry seimon, containing a careful eel evlllprehCrlATO ki!lCry o f the associati , :n for the past fifty years, wes prepared by the Rev. Jn)eph Belcher, D. D. It showed that notwith standing many advert, intik:Rum., it hen gra W 72 steadily and rapidly, until it i3 - Llit only the oldest body of the kind in the land, but, with one or tn.) exceptions, the largest It new contains neart• enty churches, and upwards of 11 000 ineasbers located in and around Philadelphia. It dress however. embrace all the members ci' the den na•:..in within these bounds. as other similar ddie,, oec at y in d art the acme gusted. In the e ening the tellers r e ported that Rev J II Kenn ird. I) I) was elected dloderatc,r, who, tit n being intrLdu..ted by Re,. B. CithEth, the re think; oftieer, made the usual opening, address K M Loy was elected clerk. to r.im of Rev D F Csnishan, who remote" frnm the State. The erer.ios 5e,.1:...n was ehiedy devoted toe sideration of the interesta of the Penny!eerie ,ptitt Slinionary Convention. The Prailer.t, lie Jams M. Litman!, gave an suldrew on the 310.,i0n we for the year He was fallowel R.v A D. Gillette. D. I) , New York. ar3 Res J. L 11nmwa of Richmond. V. A number of brief allreme3 were then !beret!, and a eclle,:tion taken in ioappart of oh 4 ot,:iect Puttee talaa Gibson, yesterely, eetuntitte.l Fratreis Funk for taking daguerreotypes thrt did tot bel , .;cg to him, zud in gostyle rot coa templated by the engiestcr of the wiener. Mr. dames Thompson, who was stopping at the Franklin Howe. was robbed a few nights since tf a massive gold wstch and chain, flitted at A young colored man, named Henry Lawreace_ was arrested by Special °leer Taggart, ca tho charge of perpetrating the robbery. On Saesday• evening he bad a bearing before AldersaanEneu. From the evidence, it appears that Mr. Thin:tsar) was stopping at room %o. lg. Arcade Hnel, and went into the Franklin by taLti,ke, and was shown to room No 16. When he got up in the morrain,c , , he alleges. PIA watch, he were missing Cine-•,,,it. ne ss stated that he observed Mr. Themp.se-,,, core it,to the Franklin, sod at the time be woe eh:try eh tin Mr T. appeared a! if he wrcte Ito get a drink, and Mr. Lawrence told bir, if he would go up stairs he conbFget one Firrally, Mr. Thompion wa, prevailed upou, and the witness saw the two go up stairs together. LOlrrence left the base in the el eniti;,, about seven o'clock, and was not aeon there until .scirte time ou Tuesday afternoon it hen arr.,ted he was found in a den of thieve& in Sixth Ott eel, below Lombard The accused was commit test to answer Arreqed.—Two oleo, John Miller, of New York, and Francis Cosfehlt, of this city, bid a heAring before Alderman Enen Tuesday afternoon. etorged with being concerned in the robbery sf the store of Messrs. L d. B. Curtis in Chestnut street Miller was arrested In New York city. Co reldt is a toolmaker by trade. and one of the most skilful in the country The only witness ex amined at the hearing, wxs Mr The! 'Min, who resides at No. 121 south zlecond street. Mr. H. deposed, that on the night or the robbery a car riage was driven to the door of the plundered pre mises, and rerusined there for two hears and a half. The carriage contained two persons, one of them, he felt assured—but would net swear to his identity—was the accused, John Miller. The Al derman thought it advisable to hold both of the accused for further bearing. L C. Cassiasy ap pe Iced for the prisoners, and District Attoraes Mann for the Commonwealth Sale of o f Rents.—Janles A. Freeman, Aueli..nter =old the following ground real, tt.e Philadelphia Exchange )c tri) ground rent ei eigbteet. 'cat cf a lot s)ath aide of Plume street, IS by 90 tee: at $240 A yearly ground rent of eighteen dollars out of a lot ',crib side of Plume street. 13 by 90 feet at $225 A yearly groin,' rent of twenty dollars out of a lot Second above Franklin street, it $2.20. Democratic Meeting, large and spirited in character, was held last night at Tenth street and Paasyank: The resolutions were admirable, the speeches eloquent, and the 'proceedings throughout. enthusiastic A SERE REMEDY FOR A FELON.—IF is said by somebody, who pretends to know all about it, that the following is a sure remedy for the felon " Take a pint of common sait soap, and Stir it in air-slacked lime till it is of the consistency of gla zier's putty. Make a leather thimble, fill it with this composition, and insert the finger therein. and change the composition once in twenty mi nutes, and a cure is certain." We happen to know that the above is a certain remedy, and recom- 1 mend it to any one who may be troubled with that disagreeable aihnent.—Balitto Advocate.