The press. (Philadelphia [Pa.]) 1857-1880, December 01, 1857, Image 2

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Reflatikiaptict.l s , TilitirsArt 1 4,1!- 8 4
Letters from - Anpinwall and lila Urleany
Sart,mllooo 61115,X1.40 ~,,- S illgeAtialnl.
Silmbriek ; General News . - WIRTH PAGE.—.
Genaral-Wroth-,-.
ta.tefiXtccciittgliThirsONAV c'teNvENTloNsf
* - Altd iddlitat Odazo :p , E4lopfit • !mete frfia % o4taoti ,
from`the. fetterjit . ,:tile-, - .f.rasideat.le'erefesfifr
SithisoissticKprove' that to .(Mr.= 41uquairo)t,
cohaldaiSittlA Katias Griindedtiou leg:n.ll;'
r ,
stitated.,- , Atte.extrackberis telicitraA rri
Verritorlal-Logisiatatt of
Omohit arrived for euferingthy
and' thq, accordingly passed ,ejaar2 elect.to,yla.
gates thO &rime of• framing State risesetitu
tiou., This lan.' was fair and-lust in, ity p rovipions ?
xt=oonfarymPtlie'right kef. suffrags orrrpoonts
fide' hiliabitstit , of the Territory,sudi
f oe : M ey , tce ,
Polio irript Otinefrana AMd intrusson 91 - _c
me,a nit
Of' boar distant Stotos; most pro'peely.eonfined
&Wright to"thosir wholiad resided. theremthrea
Mouthy fireilott - to. , Hera
ate 'opportunity presorted for , all itnaldiedtest
dent' oitiimwof tha. , -)Tetritory; to whatever or
ginisationitho,y;reighs,hove. pr e viously ~be l dn i e.
, 'pYtlddipatO in _the -dlectitini. and to •og.
preisi: 'thee , boxs..on
the -,-tpiestion-;, of-% slavery: But , numbers
lawless Emi- itill-lmatinue to resist the regular
Territorial Government. They - - - refused t0, , -be
.either registerOdtr to - vote; andkmombOns, of -the
Convontionvwere -elected'." legally.mei "properly
trithimOthairintervontion. -The, Convention will
soon assamble- , :t0,-parforrn•4llo .aolermr,' duty, of•
fronting...a eoniaituttooefor , :thenist - Alta: and‘atioir ,
postoritif- and fit the'atate, of InolidenVinboltion;
whielizesilt trigs toilettes; it is,my'imparatito
dutrta 'employ- thaqroppit 'of -tho , 4 United , 'antes,
neoessary; An:defending The"
Contention agaldAt violenee whibliirombig-o eon-,;
ittltutioninild imiirotectioglbethoonvf.deyinbabi.4
'tants - erilitled to-vote cinder thcopmvisiontorthisi
'instrument= exemisa"ot the:right r oil
motrrago,4hea.itskalt he,sumfferim to them : Ay!
rhvir-oorrosOtiolvor
:1"
, 0; agree Crittielf, - Wit/rithe Vitititsitere -Ss-)
pressdsaii ' dbkre
' of the method by-whielt the Kinsas`Censtitu- :
tiOnariboxirentien
is generally qinited,- 11 - ,i;**iiiie'r,.:to* ;jut - 3.310 i.hti
C,onventbinr in'lnot-reebinitting the Constittition:
to_the
siagj ri-,reatityiby intpitoations enturenrass
dir-liconssi,ssispndisefhis 'piperatite - 4W
to Protect.thepeoplero,l4o4*A kr: r e v i,
'
cite of theright oPantfrage upon this Contti4
ttititn;lg
for Asir , approbation . :iir:
men 'with' the whole country; be evidently con;
templated-that it- ould be thus,enbmitteWniid
one cif, onr { principal gronhdriof objection to it
is thatthit reastnablet , 'irieetkitiditliitt ;hot be_ cif
fulfilled. "r - • - •
Aisether 'phifitrih thrs'enseis worthy efr no;
r*, Ulleged diet if '4,l*ConqipttAolc'ai
• it:Whole; had' been submitted to Ai= reople - of
_ Kahieat;itiior iFPIP(I h9e Yded,4 down, witi>
out reference to its merits; from ,metlyes,:of.
' hes - Witt to the Convention, and that; therefore,.
.
the Convention Wiiiiitsiitled'in net intbraltfink :
State -
• it. If theopposite , _ r/-
Valie&--41 itontif haxtexistell'orthe enders -.
Meld - 4,,theCortstitittien'hy,:ttie'SPeoPle-44 4/c:
a condition of public sentiment might, insonie
degfee,dinve jettitief 4oitient - or tattulal to sub
mit it, . But theiiery,eidei r eeteit . .of
popelar, - approial;•• or,' more,•the 'sett/4
• ' belief:Ott Majority' of 'the P,Miiplet diaap
yrosed 'Ot bar ;'struck
est .of reasons -why. it , abouid Asia been
'submitted.' 'r*- The - idea that' a- Corietituticin
- • niAst I )6 bi ) le, pf
Kansas, Witheed; being'; submitted tot theip;
becaitse'to , '6l not approve = of'it,: is 'o?o : .
. of the.• Pieliqgati4 4 .l ll 4 : ;, -4 4
• ever advanced ins free eountrY ;: : 'There taint
kopl§liettld - :iot
rise up - es- .modes - Preitist.agairlst
any attemptto impose' upioir'thein s'Cohetitcr-•
tion O'glitinst their
they were .opposed to it, lifhim.„Conttitutioild
Conventions assume sucll'a 'power, as - thls,a t id
not only afity public sentiment; lint - make the
existence of 41feeltrig*lqatitifi Yo:pertieular"
measures - the very reason why those , meatuiet
-- are to -- be &stoned upek there; they t aet like
monarchical Ordespetio- : -notliket
bodies. • r. • I
But 'it said that - the peeple..'6V,Kautial
- Would have Noted down. this Cons - Giulioa, if it
''had been' submitted to them, 'from improPer
motiveirdhat .they woliddlinve voted against
it, not because they did, not approve, of its pro
visions per se, but because of their hostiliti to'
the Convention' which - adopted;rhenr. Sup
pose this true are ve to setup the peinpipie
that - the motives: whieirrinitaenee r voters in ;de
positing their `hittloti - are forbe'eeirivaseeili: (sii4
that, if- certain
- those motive: to be-,impiver,:the-right of,s t uf:
fixige'shaillbe'eteMite to,theml-':That -iighthao
- conceive to bee fre:O One. - if : bribery is not
practised,` , neMin, onset" niery.or rePre
' sentatiVe body, has a right to -question* , in-'
stituie an, inquisition 'inte the
or
under
whiehlhe people - vote.for this or thcit ntau,,or*
thiS or flint : memento., lfihe eXtensieniir non
extension ,of_tlie*right Of,suffingels tedepetid
upon a conjecture. of= 06 probable , motives:
which will influence,Ae in:exereiting
it, it is werthiest, institetlons
- are, founded. *upon, incorrent,Prhicipies.: Tho'
peopleare the unly.proper judges of the moi
tives ; - which should govern', titekitt'„depindtL
lug their - •
,idtctit said that - Congresd rejects the
gLoparopoiratitnikin;'4,o!
• ; opportunity of rejecting it*, the pollsi and by
• ' voting against it would defeat the admission,
of Kainins into thodlnlintwill'bedelaYod: this•
.may be true, butit:is no justification
iing - herinto the Confederacy-before bee people
ask foi iidniiketiNinder d'Ciiinititut[onn Nhibb
• -- has received .their endorsement: at: the Polls:
Suppose -Congress, refuses to admit her under;
the Present ',Censtitutien; no great difficulty
• wilduciessarily riitillt;andheireat 'W - long that
. we are - aware will , necessarily-Masue from a
- Min; 'Cent:en - tie& liehig re : tie* Consti
tuition Aping_ fewnet:l s , fairdi.subMitted to the
people, and; if, it receivet ihoir:epdOrseTent,,
being presented to - CM:Tress in lien of the Pre
„tent one. ~ThiriKantsti.4nestion: .occupied
the attention of the American peoplorier long
- _period, and we are anxious to -see it settled,
and that speedity; 'But when :it is finally-ed
. jusied; proper man
nor—Upon i timed
: principlei---iir accordance
'l,o:letter ;,of the Knus.,ss,
- - Nebraiika act, andtheidattnint of the' ational
,DenlocrOie, party plopted,at '
VALIIIOI/PI:
, • —. SAs-CoNSTIT.V.TON. =.< . , <
We find in ati"exchange
,rop ta,ee Pao, 1c.14,-Cisniftittiticm a iltate 44ren
that a nuMbnr of the dember,s ertlie .
-,. tibia that
..framed that instruntenV allege AIM!
one Of the reasons Why jt,Was, not submitted
entire Tfaa; that , tbey.bad not time: to prep
it fuily; aod',transmit,itta all parts of the Ter.
iltdr for thltitiSpoefiort'of the people, TIM
,sa 0051 ottinf ,naeaj:Kino,4o
for the notion of that
,Cimventiem.,.:The thitc
fixed for the.electioxis tho,2lst:of: peceMbej;
More thai, a month;tbereforqwns aliewcat
*pare and transmit thettiteuittent,'ind after,
it was finally adopted,iye know of no' gond,
reason *by an. intelligent'.sehool-bey , could
not 'have made a copy of it; ime.' feivAitys; at
most and after being printed; it; could have
• been disseminated as speedily as the intelli
gence" of the day 'lime& for ,holding' the
election. If the Convention 'had 'not time
.to transmit the Constitution bv2the "21st
.of Decerdier, why did It not • postponn
' the . -election until it could .have been
transmitted t .But, waiVing • these
„objections,
and admitting „that the' whole ',Qonstitution
could not be transmifted in, time foi;submis
sion to the inspection of the people; and that
the time , of the' election could not be post-:
piatted,witat. are we to-;think of the -arrange
ment by witiOli the people are compelled to:
vote, it they:voted ail , on. the, slavery guys:.
" lion, for a. Constitutio which , fey are to have
no opportunity of sceirg ; ,nt;
— 0 49 , ,0gy placds
MO matter in a.:worso attitude' than .it pievl
oasly occupied, and . if true„ , only adds. to the
enormity 'of the action of the Conve r itio n '
The idea that, to express,,their sentiments on
..the - slavery gnestion,• the. people t of Ran sf i s
must:vots for toad awest'to support, if adopted,
a Constitution without seeing ; ita provision's,
is one of'the most revolting political outrages.
" •*.Yeir inflicted - upon a free people.:
THE AXERielt. CAIMSTROPML-4,
The committee - appointed: tot examine A s t o
this Alledater JhaVe_ =porta 'at
jpngth- ; -their conclusions being,lo brief,
• that negligence and:, want 9r.Pio'per organiza
- ton tog,ethCr with, tba=indepOnd
the seyoralidopqrtinants Oteach other,
were at-the hoitgalc9fJ.YecgBol3.o*. There
appears to have been nO MatOilaldetectin Oho
vessel or machinery—the leakage being as
cribed to other causes. The deckinunps were
not in working order, and those connected
with the donkey-oginewere in a questionable
f97l,4ltiOnp
`rat
POST.° !MICE ' S . !
What the Postmaster elisNia`
pi o
poses to commence on dgikis Bkildedijr :
a boon to the comnufnlty:Wittibi *
li4iptit
Of four sub-offices, in aidition to the 'two
already in Kensington and Richmond, with
the collection and rapid delivery of letters five '
thisicia-dal,:litivhat the public have long de
ghpvicrof each citnletter, for post
:ago tuid-delfvery;liilt Ewe- cents, which is
the mere poslTge, in twp, , ,ceniktheve, with no
4hing: to pay for'llse.delivery., With us, the
:post-offirie is made to compete With-a, private :
WhO;has altnesti Sitonopolited• the
delliery; of ! lo loiters, b combining- ra
tiildify aUd'clicaricasi 7 ;Who will pay the:cents
te. the, poat-efilee„ t whe'n eietter is forwarded
by:Pond's )11.61i6tels Or: arie"c6f, 1!" . "
pats} Reform : is a ,Sithject,about. which
mush is .occasionaliy,„ written,: and Very little,
done - . - 'England ) , when llowid.stn, lisens
Penny Postage. - :was introduced, the general
eXpOetaticai *its thatiffor Many years,the ex
penses W'ould:so 'exCeed the receipts as to
leave,aloss `to The British Legis:
lature, even on thiSlifesi,.37-cre' content; bet
' 4r k yo:Oorna cheap postage,
even:with aioss Jo this revenue, than not sup
thatitecessary:boon. The whole oorres
pondenee. of! the United Kingdom increased
-I:auch that it 'MAC is more' than six times
what' if 'Was in' 1834 the lait year of. the
bleier postage rates: - Last year, the net rove
sue over - ssix`illen dollars, as agathist
,4111tafile" source '1.839.'
comstry,, , ilits ; 1 ,. 0 - st . °hie" does Pot Yet
-pay iteown expenses, which are $10,407,858,
Avlslietlie:revenue 017,620,822.: Ant it is not:
-necessary that there _should -be 'a.preflf, . Let-'
- ter::svliting'is 'a 'great: moans , of - -extending'
civilization; ' t end - also of giving - is - legitimate
fraitO;, commerce ;and niannfae-'
;tuj•Vii:s:„;hictii•atetirtit'eiiptoie'; : the'"Post 'oll:lC.e'
-contrl44B largely to,,the Aiaticnai Revenue.
England tlfere are issi) principles acted
_upon in .Post'Office atfaira r -ilratAO awry) , W.-
-tem cheaper than any. private speculation: can
and, seesindly,to make the two cents'
- ,postage-vstarop cover all: expenses of delivery.
'That ia;"ll"liiistage-staMP - 'ente : psit on 'a letter
'conveys' It:l:is:the - hands of the party to whom
it is addressed, Wherive(he,'resiile;' : Svithont
the, „: slightest , additional; 'charge for'
livery: : , Here, a tpree r eent stamp gill convey
a, letter from, New Orleans -to -Boston, but
there is an extra,.charge of-two-cents for bay-
IbFit taken trims:the -Post :Office to:oven the
neat ` hoGse. The tlireejeent stamp ought to
- nes;e:i the conveyance by:mail, but
`fl; 'delivery by the letter-carriers. With us,
eiery one can 'read find ivritti,
the nuyOor of lotteri sent by mail in, a 'pox' is
only. 181,009,00 Q. - In, England, where, y with
much the same population,' scarcely one half
the peoplecan read'and%write, about 500,090,-
. 000 letters nre'sent by- Mail every year. We
Vakft?l.C'hilarli a' higher tivoragenven allowing
'fOy 'a;grerit many letters 'sent -through Tower
- pticed,Privath,,effices": - ' "
.„:The„nnstlief:of tt arriers ' t
,eniployed. ,this, city will haVe to be in
creased,- :In _England there is 4 4 163 an army
of them. London, 'with a population of almost
'2,500,000; has 1;885 letter-carriers; LiverpoOl
'ha 82 to- 875,000 population ; Manchester,
123 iii , 81.6-,* ; dlas g ow, 134 to 320,097, and
100 le - 238 361 inhabitants. ' 'Even s o
small a cily,aa Bath; with p 4,240 population,
has 47 letter-carriers.
We should be glad to see the [Tidied States
Post Office able -to compete in celerity and
lowness ,of
~ p ostage with any private "des
patch" speculation. While it charges ex
actly doulde prico'for local or (c drop" letters,
"no' OM need wonder that the , cheaper letter-
Seaderi ricirly monopolize the 'nosiness.
riTirtrfirttik!lNT.
'The i*no involved in CM digeussion betweOn‘
the' opponents and the, ripologists of' the 'Ml
nOrity Calhotin,'Coristitutton is that a the ma: :
jerity should , The - , tyliole - conflicti is .
Upon, this principle, and- nothing , else. And
what could be more important V, What should
unite in its support more heartily the Demo
crats 'oil every . Stete? The sterling - Democracy
of Rockingham. County; Virginia, at a moment,
when au attemPflYtis, - made 1)Y - a few perstlns
in that State to matte the Kansas Constitution
sulihriiiffellfe . Kaiisas : people, pose en main,
and on, the 19th of last October. ,uuanimously
Adopted- the' following resolutions, which
wear afterwards sustained by the Diamond
BuOuirer,and substantially by Governor WISE.
-WettiVe riot heard whether the Rockingham
Democrats; Governor Wrsn, and the Rich
mond.,Euquirer have abandoned, these noble
~ d eplaratioris.l Whether they have or have
. not, however, we approvedtlieir sentiments at
the time they were uttered, and have seen no
reason for deserting them since.' And we have,
a strong suspicion that we shall not do so
b eieaft er : -
' “Rezigred,That ice, the Democracy of It
be'reviewing the policy of the Admin
istration of James Beebanan, -, as far, as the
same-.has been - developed, find everything to
admire, and nothing, to condemn.
Resolved, That-the principles contained in
the ,Kansaa-Nobrasha-act are but -the senti
ments , and principles of the - Union State
riglits.Petpocracf.,
“Resolved, That we recognise the right of
the. , people of a Territory, , in forming a Con
'etitution for - admission into the Union; to es
tablisliirat local imlidy as to them May seem
right . and Pripet' and they; the citizens of
each erri ory, In accott anee with the spirit
of' the''Kansas-Nebraska
,act; have alone the
right of rejettioti or adoption - of the organic
lawintended fottheir own government.
• ci Resolved,' That Congress, under the Con
stittition, has no power over the question in
volved in to Constitution thus, made and en.
_domed by the people, other than to see that it
is republican in character.
Roared, That Kansas, in • forming her
chustitntion, ought to submit the same to The
bona fide,inhabitanti thereof for adoption or
rejection, and the failure to do so is in viola
' tionuf the spirit and, litter of the act creating
her Territorial GOvernment, and oneht to be
retUrsied by Congress to the residents of Kansas
for endorsement.- •
- ce Resblved, That we believe the people to
be the source of all power, and the represent
ative but the reflex of their will, and at all
times amenable to them for his actions.
` ' ltescihied; -That -while we admire the talents,
And appreciate the distinguished services of our
Senator, R. M.- T. Hunter; duty to ourselves
and the National Administration prompts us,
a part of his constituency, to know whether
he ehdorios the foregoing resolutions.
A SOUND VETTER FROM GOV. WALKER
ACAttirabet'. ornitizentf of Lawrence
, Ken-
Bair, bad, beard; or feared, that Gov. WALREtt
;and SecretarySTAlrrox Would suffer from per-
Lueowiptoll and sent then .
tat invitation, to make ?Lawxence 0610101)1e.
Tircy rennod as I . olloiVa ; . .
Lacouirox,'Wednesday, Oat: 21,18(4.
VrErnaltzar : have received your, communi
-Cation of :this dale, inviting us to,,rOmove to the
atty . ,-of 'Lawrence, and colleting yam protection
„against personal violence, whielb•y9u suppose has
against
threatened hi'eortain persons in Lecompton
Als (Alto rue,
,gentlemep, that the evening sue-,
.eeediagAuf- reopprop 0 . 6 9 (woo. - return:,
• small meetiag: here,_itf,flfteen or twenty persons,
denounced our *rise,. in commotion with the ad-
Juinlatration, of„ OM. affairs ,of Kansas, but no
.tbKetitsdf:Persenal.vielence were made, so fat as
;ire
hayO learned,Mid ty., entertain 'no apprehen
slenaf; that nature.,-Wen' if siuM • menaces bad
been made - , our cadet duty, requires our presence'
now at • LecomPlen, and, ns hasard, of personal
consequencea Would ,dotor na NM remaining here.
.While, therefore, we must decline your invitation
,to'removoto - Lawrenee, we teener you our sincere
thanks for.your hospitalities so .kindly proffered, ,
'WO thank you also,, gentlemen, for the approba
tion you have been plop,sed to.m(press of our course
Yii regard to the Oxtynordithirypturns (as they, are
ekliedi front Qicr9rd. lirom,our , first inspection of
that dothiment,•wo r:wet:doubted Or hesitated as to
iti,rojection... But besides, tug intrinsic evidence
on the facebf the" paper itself, we deemed it a duty,
14 a Asit tn that preeinet,',M ascertain the fasts,
Which are sat north in our prociamation'of(the 10th
inst.. Brom, the 'period Of our 'entrance into 'this
Territory, tt lase nova our 40i0141/iPatNll3 referee
withitt ottr,poWer . , to enable the peonla of Konsas,
in the true meaning of the-organic taw, to (control
their own government; and to this policy welled(
An/Minim stendlbstly :to adhere. Influenced by
these onside rOtions, we have rejected hid apurioul
and illegal fetarns,fronibleGime county; us Well es
fromPxford.. ' •
Aeceptj ient*enonon sincere assurance of the
respectful consideration of your
„, ,„ It :r, WAliFElt.. -
117.111".11?, ' E
STANTON.
To Mena. Lane, BrowMitettlf, and upward of ono
hundred citizens, „„
4'7'.li r e would call ;Uttention to the ink.] of
the itch library of the late ROlignT F. Wm:sit,
tsiti*e id* on,thisntiit to-morrow evenings,
at,the auction store of litessis.Min3ta Tuomas
:Br,„senr. • ThOso who fedollect the finely stored
boOk sludveS of Mr. ',trill will know that an
opporturiltids now offered for obtaining, at
auction prices, some of the finest works in the
rifglish langnage, - niost of which aro of the
Jed London editions. It is rare that a chance
of this kind presents PM): •
/XMAS. lc Sorial.SAtEs—Morning and Evening.
lutninire • at, 10 =o'illoolto• bt -N0,0,01.7, Walnut
street. Valuable and Elegant Library Ibis even
ing at the Anotion Roome.
Stooks, Acceptances, Rent Eetatoi&c., nt the
Exchange this evening—a largo eale. Bee adver
tisements and pamphlet catalogues of the three
poles,
:•`',"' PfJBLiOe,ISiVTSIR ` SAilih # LTiTli.
MOLE PArtent l a 'Cirrionnt.—Last . - night, at
OoneerV, Hall, Mild'ile Parodi gaim 211: ooncort,
whieh,#as very Wellattended.. OCiathe concert- I
voeitliots Who have visited sic of labi .I;arodi
may claim precedence as an established favorite. I
She has fairly won this distinction, hot only by her
admirable singing, but by the propriety of her
conduct and 1118 excellence of her obaraotor. She
looked extremely well last night, and WWI dreilaed
with her usual good taste. with the exception of
1!• _
. ( 4: l )Mend bracelet and brooch, she had no orna
ments—preserithija Marked contrast to Madame
Frezzolkni k Whb'soortiod to r think It bettente.4ine
than 'sink, rind looked as it the contents of 'a jew
eller's show-case had boon sprinkled over her
person.
Thermwas no lack of encores last night—a few
peMoiks, who persovore in making a noise, aro al
lowed_ to worry. singers and performers into'in
pealing what they have sung or played. Some-.
times, (as happened largely last night,) instead of
repetition. there - is substitniion, another piece
being given instead of that which was called for !
Thiirencore system should not be permitted. It is
not fair to get from singers more than thoy have
contracted to give, and it too much prolongs the
time °coupled by the concert proper.'
Pared! was in fns voice. That beautiful air
"Como Bello," from Lucretia Borgia - , was never
more exquisitely sang. It was encored. Mr.
Vieuxtemps pki.yed, ns uSual, with wondrous skill
fantasia from " Norma," on ono string, was
a curiosity of instrumentation. Signor Rocco, who
Was the first performer, gave ono of his own amusing
bolo pieces, with great humor and emit'
"''Miss Milner 'and Mr. Perring appeared in this
e 4, on this 'occasion, for the first time.. They aro
English singers, brought over by the Directors of
the Academy of Ne* York, it is announced "for
thep i rcsittetiori of English Operas and Grand Ora
torios;" , Yet, Miss Milner, who was to prove her
self a good English singer, was down on the pro
gramme for one English pieco only, with an Italian
duet trith Mr. Porting, and " Quito sOOO " from
the Puritan' ! She gave "With Verdure Clad"
with good, effect—a careful and rather cold rendi
tion of that solemn piece of music. ,
Encored, she substituted a ballad, the words of
which, frOm some defeat of articulation, wo wore
unable' to ,understand—but they seemed to be
Seoteb."-' Tho duet with Mr. Perring was encored.
But wo really shoUld have left the Hall, with the
impression that Miss Milner was an inferior
Italian singer, were it not for her beautiful execu
tion of " Qui la voce" from the " Puritani." Her
o'rnatnentation Was splandid—indeed, she tondo this
air ono of the going of the concert. It was en
cored, but instead of repeating it, she gave an
English song in lien.
Mies Milner is a thoroughly-instructed singer,
but soareely, equal to Louisa Pyno in execution,
and far below her in expression. Miss M. reminds
us of Miss Binh; the EnAlish singer—though she
is both younger and better looking than that lady
—and indeed belongs to tho same school. In Eng
lish opera, it is probable that she may make a
bit"—provided that she can not with spirit as well
as singrrith'skill and sweetness.
Mr. ?erring is a very good English tenor—
young and well-looking.. Ho seemed a little
frightened, but sang with judgment, as well as
with
,skill. Wallace's pretty "There is a
Flower that Bloomotb," ue have seldom heard
done more justice to. Mr.."orring has Certainly
achieved a success here.
This evening, Madlle. Baredi will give her
Second and last consort, and the programme is
fan of rich promiee, including the celebrated
French song of liberty, "La Marsoillaiso." Mr.
Tieuxtemps, Miss Milner, Mr. Porting, Signers
Rocco and Peragiul wilt also perform.
Ma. WitniTLUY'S BENEFIT.—This evening, Mr.
Wheatley, lessee of the Aroh Street Theatre, comes
before the public with performances for his own
benefit. Do deserves a greakhonse, and ho sn ort
have it. The play will be "LondomAssiiraneo,"
Mr. Wheatley and Mr. Davenport as Charles
Cotertley and Dazzle; with Mrs. Davenport as
Lady Gay Spanker, and Mrs. Bowers as Grace
Ira rkaway. The melo-druma of " Madelaine "
will also be played.
At Walnut Street Theatre, " The Enchantress"
fills the house every night. The Equestrian Com
pany at the National are also doing well, and a
now pantsmimo Is in preparation. The Backlogs
have full houses, at Jayne's now Ball, whore their
Ethiopian Concert is followed by the burlesque
opera of "Bonnambula." . „
THE LATEST NEWS
BY TELEGRAPH.
FROM WASHING TON
The Kansas Question—Aspirants for Office
Under the 'Rouse of Representatives—General
Walker, &c.
[SPECIAL DESPATOII . PCIE TIIE PEPSS.J
Wnsmoron, Nov, :31/Ih, IBs7.—The Kansas
question excites more attention now than any
other. The_differant_nasitions assumed _by_ the
press and politicians are freely canvassed. When
it is said that the President and his Cabinet favor
the proceedings of the Leoompton Constitutional
Convention in tho adoption of the schedulo, which
creates the main point of controversy, the inquiry
naturally arises, whore or by whom have they
published that to be their position ?
• Mr. BUCHANAN is noted as a man of caution, and
ono who never takes ground, unless after an im
partial end fall consideration of all the facts in
volved; and this being granted, the conclusion is
inevitable against the truth of any report of that
character, for tho reason, that, as the Constitution
which was framed by that Convention is still a
secret, nobody can assort with certainty that oven
the slavery question is submitted tea negative vote
of the people of Kansas. Such nn assertion cannot
be made with truth until all of the provisions of
the Constitution ate spread before the public for
their investigation.
• I have every reason to believe that tho Presi
dent, in bis message, Will not support the Conven
tion to the extent it is rumored ho will. With a
statement of the facts, so far as they have cows to
• his knowledge, ho will do nothing more than ex
press it as his opinion, based upon these facts—not
the entire facts—that the question of slavery,
which is taken to be the principal issue amongst
the people of Kansas, haa , been submitted to a vote
of the people. Whether the , entire Constitution
ought to ho given to the ratification or rejection of
that people may not be touched at all.
Even those who favor the Convention and its
notion do not for a moment deny that, as a matter
of policy, it were beet to submit the entire instru
ment. If that were done, there would then be no
room fur cavil; the principle of popular eovo
roignty would be carried out fairly, in spirit as wall
ea in letter.
A warm contest is going on between Col. ALLEN.
of Illinois, and Mr. ROBINSON, of Indians, for the
clerkship. More effort is made to secure this posi
tion than any other, notexcepting the speakership.
The aspirants for the positions of speaker, clerk,
postmaster, and door-keeper are all here. As the
members arrive they are caught and talked to.
The tactics seem to be, on the part of the members,
to evade a committal, by expressing a desire to look
round, see the candidates, and learn which of them
con best-harmonize the Democratic party.
A rumor is rife this morning, that there \rill be
discord and division in the caucus which will
Ingot, as is usual, on Saturday evening next; but
I think it is unfounded. Half a quorum has not
arrived, and until a quorum is hero it is difficult
to premise what will be done. •
The Central American question is yet snore com
plicated by this reported ieclaration of war by
Nicaragua, and the tenacity with which Costa
Rica pursues her aggressions upon her neighbor.
It is alleged that Gen. WALKEII has been invited
into Nicaragua, by certain of its citizens who
knew 'that this would be the torniinatien of the
itheulty between these States.
It is evident; without this fact, that no turn
of affairs there could hotter subseryo filibustorisra,
whether by WALKER, or 'Comm-, or any other.
ri`hire is now presented a wider field for the diplo
matie' talents of Mr. OUSELEY.
M. BELLY, who is 'reported to be on his way to
Central America, as'
the special agent o' France,
it seems, on the contrary, is destined for another
post, far distant, in another quarter of the globe
Our Government does not ovinoo the anxiety
which was expected, to join England in another
Claytonalialwer convention; and what next Mr.
Octinfair will do is a' myitery to himself, which
can only bo cleared up by tho instructions ho
awaits from Downing street.
Bela 11. Co!grove, of New York, has boon ap
pointed by the Secretary of tho Interior, agent for
the Indians in that State. •
The Dona of Claims resumed its session today;
an adverse deoision was delivered in the case of
the Illinois Central Railroad Company.
- The employees of the Government, in the various
departments are being paid off in silver, princi
pally in silver hell-dollar pieces. Those . wbo wish
gold have their wish only partially gratified, be-
Canso Of the extreme scarcity of gold in tho Tree
frCry.vaults. Riggs_ tt, Co., and other, banking
houses, refuse, I understand, to take silver in pay
ment for cotes which they bold. , X. I`.
Movexnents of Ex• President Pierce and Lndr.
13Arirtmonn, Nov. 30.—Ea.Prooidont , 1'ioroo and
lady left bore this afternoon in the Norfolk boat,
to emba r k on tha etimmor Powhatan, for Madoiro.,
Tho ox-Prosidont,wad eicorted to the boat by the
GUY (inanity.
Mr. Pierce received •groat attention (rein Barn
moreana. There we, an immense throng at the
Norfolk depot, and on lila arrival there ho was
warmly cheOled. Ho rode in on open carriage,
accompanied by Mayor Sivann.
'The Opera at New York.
New YORK, Nov. 30.—The now operatic season
at the Academy commenced this evening, with
the most flattering auspices. Carl Formes, the
celebrated basso, made his debut in Robert le
Dtable, before an audience that bee never been
equalled here for numbers AUCI
United States Senator from South Carolina.
COLUMBIA, S. 0., Nov. 30.—ExAlovernot Ham
mond Xl/118 today elected by the State Legislature,
to fill the seat in the United States Senate, made
vacant by the death of Dir. Butler.
Tim Fißtsg.-PmAristoßA, irutspAiti DECEMBER 1; 1857.
ArriTal of the Quaker Olty at New York.
Nk:W Yong, Nov. 30.—The Steamship Quaker
City from Havana, en the evening of tho 25th,
arrived hero this evening.
The health of the city was perfect.
The stook of sugars amounted. to 142,000 boxes.,
Prices ruled slightly towel.; and quotations
• .
Exehang,e in New York at eight quoted at 6 per
cent premium.
The Quaker City brings $13,000 in specie.
NEW You, Nov. 30.—Despatobes from the
West report the continuance of mild Weather, With
rain, having the effect of biesking up the Ice in
the'canals. There is a strong belief that the navi
gation of the canals will be resumed to-day, and
that all the produce afloat will be got through to
tide-water. .
The Steamer Atlrlatic'Spoken
Nnw YORK, Nov. 80.--Tho new steamship Adri
atic, which loft this port on Monday last, was
spoken the next day, at 2 o'elevic. P. M., in lat. 40
55, long. 08 25.
NEW lona., Nov. 30.—The weather is think with
a warm mist, Reports from tbo West leave no
doubt but canal navigation will be resumed to
morrow.
SPRI,NGFIELD, MASS., Nov. 30 —W. T. Tucker
man, who was formerly treasurer of the Eastern
Raiiroid - Company, Was arrested at New Haven
last night, on the charge of mall robbery. lie
confesses his guilt.
' BOSTO:i, Nov. 30.—The evidence against Mt.
Tuokorman is conclusive, Ile acknowledges hav
ing $OOO worth of, stolen postage stamps. Eivo
hundred dollars in notes" on the Leo Bank of
Massachusetts, wore foUnd.on him.
Tho Philadelphia mail to Etostop • boing missed,
with others, the railroad superintendents on the
New York and Boston route, the •poitumaters and
Special Agent Holbrook, have been on the alert
for several weeks past ( to oatoh, the robber.
Tho amount of the robberies is supposed to bo
large.
Mr. Tuckennan will be oxiitined at Now Haven
0-111017011,.
Tam Free• State Party Of Kansas.
ST. Louts, Nor. 30.—The Delegate .Convention
of the Froo•State. party Of Kansas has been called
to meat at Lawrence on the 24 of December, to take
into consideration the present political position of
the Territory, - and determine the course to be pm ,
sued relative to tho submission of the Constitution
prepared.
Burning of a Steamer on the Missourfltiver.
Sr. LOUIS, Nov. stoamor Now Luoy was
burned on Wful,niaday . last, while lying ice -bound,
at Do Witt, on the '#ifissouri river. No Urea wore
lost. The loss by the burning of thoboat amounted
to $lB,OOO, en which there is an •iasuranto of
$12,000.
The United States Steamer Fulton
NEW 04tLEANS, Nov. 38.—The Central American
ndvices received per the Daniel 'Webster state
that the United States steamer Fulton is at Boca
del Terre, watching for Con. Walker.
The Slate Officers of Maryland
• BALTIMORE, Nov. 30.—Uovornor Ligon has is
sued commissions to all tho recently elected officers
of the Slate.
Death of Copt. Geddle, U. S. N.
CsAni.u.sfos, Nov. 30.—Capt. Goddis, of tho
Unites States Navy, died to-night.
BALTIMORE, Nov. 30.—Flour is quoted at 121 e
lower. Wheat is from 3o to ito cheaper. Corn and
Whiskey are unchanged, Exchange on New York
is quoted at 3a5 per cont. premium. -
Montt:El, Nov. 28.—Cotton declined is to day.
New ORIAANS, Nov. 23.—Cotton closed dull
and prices aro irregular. Sales today 3,500 bales,
at 11.1a1 Ito for middlings; a decline of le. Flour
market active; sales at $8 25. Moss Pork quoted
at $lB. Tho market is bare. Qunny bags llia
12c. Tho weather ban boon very wet and warm. .
SAVANNAH, Nov. 30.—Cotton depressed at 111 a
118.
Aucumvx, Nov. 30.-4otton mrirket Is slightly
castor.
AMUSEMENTS TEM EVENING.
WALNUT BURNS? TIINATUN, N. E. cousin Or Ni
AND WALNNT SIitISTES.- 4, The Ettehtutreee,
WiIIUTLISIOB ASCII fiTIVRT TIIRATAB, ARON EITRIM?
Anal's Sivrn.—ii London Asauranciii—..i Madelnlno
or, Tho Foundling of Patin,"
NATIONAL TRILITIIS, WALNUT STURM?, REAR PIOEITII.
-- 4 l,NUOlltriall Performances!'
.laYse'6 Nair AALI., Cl/MITSUI! STORE?, 861.01 f
Sevsstu.—Duckley's Opera Troupe.
aABIrORIVE OPERA 11001311, ELBVENTE Brim?, ABOVE
CllRSTEOT.—Ethloplati Life Illustrated, coueludingwitk
C 0,403112 LULL, CIUIST!MT Be., Auoto Twe.t.wes;
Concert.
The Board of Trade.—An adjourned' meet
ing was held by the Board lest night, to continuo
the discussion of the proposed schemes for the re
modeling of Our State currency.
Mr. Milliken offered the following:
Resolved, That the meeting go into Committee
of the Whole (the \leo-President in the chair)' on
the subject of banks and currency. Agreed to.
It was then nooratatit in discussing the matter,
speeches be retaldietlifflth ten minutes' time for each
speaker. Agreed to.
Mr. Thomas Kimber, Jr., presented the follow
ing propositions for consideration :
Ft rst Banking is a business, dependent for its
success and for Its good, influences upon the prinei
plos and the ability with which it is conducted.
Therefore is involved the character, and should bo
involved the
The
responsibility, of those who
conduct it. The public will then have the guar
antee of the directors and stockholders in their
dealings with the banks.
Second. If the directors and stockholders are
personally liable, they ought to possess a. power co
extensive with their liability. Every share of
sleek should be entitled to a vote; and the stock
holders should not only have the right to say who
should be their directors, but. how lon they shall
servo, and what shall be their power. No one need
then complain of his pro rata and individual re
sponsibility, since his i nfluence would then be co
extensive with his liability; and women and
minors, having no power of representation, should
not be played in a position of danger. Banking
not being an investment, but a delicate and pre
carious business, is no proper place for trust
funds.
It being clearly recognised that the credit of a
banking institution depends upon the character
and capital of tho stockholders who compose it, no
guarantee is needed for the depositor or direct
denier with the bank, beyond his knowledge of the
parties who compose it. If he neglects to inform
himself of those, and suffers. the fault is his own;
the State is not bound to indemnify hint.
But the bill-bolder, having no opportunity of
such personal knowledge, is entitled to protection
front the State, which, for all time, has been hold
to bo the guardian of the coin and circulation of
the country. Otherwise trade is trammeled,
values rendered uncertain or arbitrary, and pub
lic) confidence destroyed.
Therefore, the State should guaranty, or stipu
late for guarantees to tha circulation ; and in no'
legitimate way con this be effected, but bye de
which should then securities withe
as Government,
stamp the no h te t s approved.
' That, subject to the above regulations, there
should he no more restriction upon the business of
banking than upon any other business. N over
issue could then take place, for it is sustained by
, the property represented. The principles of trade
I would regulate competition in the banks.
John M. Kennedy stated that he had written out
a proposition, but had loft it at home. Ito thou
wrote and submitted the following:
A convertible paper currency being an issue for
private interests, by authority of law, it is due to
the public, that it should be as perfectly protected
as to its safety, uniformity, and stability, armay
be consisiont with the creation and uses thereof.
. . .
The Public in its uses thereof may be divided
into two classes of creditors—one, Involuntary
creditors, or those who mist of necessity receivo,
bold and dispose of bank issues; the other, those
who as depositors or as users of large notes volun
tarily agree to be creditors of the banks Issuing
It is submitted that the duty of the law, in pro
viding special security, it limited to those Involun
tarily bank ereditora ; that dopositors, and those
bolding its large issues, should be left to exorcise
the tame intelligent care required in all other
transactions involving the relationship of debtor
and creditor.
If this principle is sound, then I suggest as a
provision of law—
let. That those bank issues, supposed to mulattos
the necessity of public uses which might perhaps
be stated to be notes of $2O or loss, should hi
collaterally secured by State securities.
2(1. That till notes so secured be receivable ni
par In payment of debts duo at bank. This would
give security to that part of the paper currency
constitutinginn great measure the volume of cur
rency in and through which the general aggregate
products of industrial labors are valued and ad
justed throughout this Stale.
03. That banks be authorlied' th•issue large
notes, payable on some limited specified notice of
demand or redemption, and also to stipulate with,
depositors for the right to a similar notice of do.
mend of payment. .
This would, in a great measure, ovoid tho conse
quences resulting trent uncalled-for panics, Win
it would enable the banks to carefully criticise the
actual condition of any Impeached bank before
determining the necessity of old thereto.
Mr. Henry Carey Baird submitted as follows
To the Members of the Phil f ulelphire Board of
Trade: , ,
Garrrimitex : Your issoCiatlon baying pitmen
before the business community certain plans, do•
signed,, as it would appear, to remedy the cribs
muter whichltio country to now Prostrated, the
writer• feels that he is nut transcending the bounds
of propriety in addressing to you the following re.
marks
Having taken in hand tho business Wahl of the
nation, and, proposing, as it is,quito, apparent you
intend, ti press tho applicationof a opro; he would,
in the most respectful manner, beg You' to satisfy
yourselves, before acting hi this important matter,
that you have found the true cause of the disorder.
The case yeilmve , botare,yetv may be very aptly
compared with that of a ,drapsrately sick man.
The seat of the disease will be found to be about
the region of the heart, and it is much to bo feared
that you will direct your, attention to tho logs or
the arms, and that you prepciso to lop either of
these'efr. Rest assured that'thid will but increase
tho helplessness of the patient.
To come more directly to Abe point. it Must, in
all frankness, bo acknowledged that in the pub•
lisped proceedings, not one resolution, remark, or
even word, is to be found -whieh touches in the
most remote manner upon the real case of our
financial troubles, and it 'therefore follows, as a
consequence, that the remedies proposed are not
only utterly valueless in the present emergency,
but lit is certain that some of them, if attempted,
will aggravate these evils. Thus will bo remeyed
Fitom' Utt VAL NA
$13,000 IN SPECIE
The Now York Canals
The Weather
DWI Bobber Arrested
=MI
THE CITY.
from the public same of the few remaining means
they possess of struggling through this great re
vnlidon
- By, a more thorough examination'it will be as
certained, to the satisfaction of any intelligent,
unprejudiced mind, that the banks, like many of
the people, are the innocent victims of a systole
over Whir% they have had no manner of control.
In this entire question there is involved a prin
ciple in political economy, of great magnitude—no
other than a simple, but beautiful law of nature,
which the policy of the American Government has
siolated for eleven years past i and here, but hero
alone; may we find the disturbing cause, which
hoe induced you.to believe that our banking sys
tem needs those radioed measures of reform which
you aro about to recommend.
That law, which forms the basis of the only
system of political economy ever constructed, which
merits the name of a science, is to be found in tho
provision of nature, that the ronsanter Allan he
allowed to tate his place by the side of the ino
dtteer ! Meat unhappily for the country, the
question growing out of this fixed and unalterable
law has time and again been made an issue, not
only between political parties, but between inci
i been
tiaotighlotalAteio.wn.rsi
writer—how
the l R w e . p u u s b t
ly be It has knows
not—
that, for this reason, it may nave been deemed an
im roper subject for discussion before so " censer
vii" a body as the merchants of Philadelphia
Conservative or not, however, it Is a principle
which, sooner or later, they will be called upon,
not only to discuss, in all its length and breadth,
but it will be an alternative wbioh will be pre-
Stinted to them fur aoceptance, if they desire to
preserve any portion of that fabric which we now
see falling about us with such sad and desolating
effeets
The year 1837 found this country in the same
state of bankruptcy and wide-spread ruin, and it
can be traced with unerring certainty to preeisely
similar causes. In that condition it was alio wed
to remain until 1812, whou, on the 30th of August
of that year, was inaugurated a different policy,
In the not of Congress, known as "The Tariff of
1942." Under the wino provisions of this legisla
tion every interest recovered in a manner almost
miraculous.
On the fid of July, 1846, this measure was aban
doned, and under tho auspices of Mr. Robert J. '
Walker, was passed an not now known in history
as "The Tariff' of 1846," which will be remota
bared longer than any other law which has been
emoted by Congress since the adoption of the Con
atitution, from the injury which it has been instru
mental in producing—to ho estimated, in en indus
trial and financial point of view, in thousands of
millions of dollars.
in addition to this, it is responsiblo for an
amount of demoralisation which cannot ho com
puted, but which has lowered us in the estimation
of the civilized world, and made our name almost
synOnymous with rapacity and crime!
England, it is well known, alma to be tho
shop of
. the world, and not only does she insist
von being the manufacturer for her own down
trodden and oppressed Ireland and India, but she
strives to perform the earns idfico for every other
country, even to their destruction.
jn Great Britain we find the land concentrated
inktba bands of a few great men, and as a neces
iary consequenco the masses aro degraded, en
slaved, and kept in a continual state of pauperism
Wherever the first of them conditions is, the other
must be; escape from then, is impossible. Following
In the' train, and, indeed, a part of this unnatural
system, is eheap labor; upon which, according to
the admission even of the London Times, depends
the very salvation and existence of the English
manufacturer. With the result of this chenp
labor, with the goods manufactured out of the very
life's blood of poor degraded human nature, Eng
land vociferously cries for admission into every
market of.the world, there force apart the pro
darer and the consumer, who, in violation of
nature's law, instead of being allowed to mako
their exchanges close to their own homes, era
are obliged to go to Liverpool, Birmingham, and
Manchester, in doing which they ore forced to use
expensive machinery which would otherwise be
unnecessary.
Whenever a man, or a community of men, arc
placed in tho position that he or they roust go to
market, no ono but themselves pays the price of
going thorn. Build up a vigorous home market,
and that expense is saved. Every day that we
have allowed the producer and the consumer to
be forced. apart, and thtts increased our dependence
upon England, in order to exchange our raw pro.
duets for manufactured articles, her demands upon
us forgold helve been multiplied, and with these
demands has our helplessness become more and
more apparent, until at the present moment we
are reduced to the necessity of employing an irre
deemable paper currency. From this necessity wo
shall not be soon relieved.
An examination of the masterly "Report of the
Committee of Nays and Moans on the proposed
reduction of the tariff of duties," August 11, ISSO,
Will domonstrato to you that it is not the banking
system which requires regulation, but that that
system is entirely dependent upon the round policy
of the tiovernment. The committee in that roport
show by a survey of the financial history of the
country front 18ki to MO, that of cry inflation of
paper currency can be traced to low tariffs. After
going over the facts in the case, they draw the fol
lowing conclusions: "Now, if we never have inor
dinate expansions of paper currency, prices and
foreign imports, except under low tariff, and if
those expansions aro always in the ratio of the
duties below the point of protection to our home
industry, it follows as a certainty that the thrill . —
not the currency—ia the, cause of the mischievous
alternations which we endured.
Your committee are contented to rest this point
upon the facts which sustain it, and are not con
cerned to attempt an explanation of their opera
tion.
"In all qflestions of this nature a fair and legiti
mate grouping of the facts is the safest arrangement
of them; and it is clear, beyond a question or cavil.
that the order and dependency here given them is
the natural, the true, and the necessary array fur
all thepurneafiflof this. inquiry "
Wltn me highest. respect, I hog to cllin.l4
foregoing to your calm consideration.
Your ob't sorv't, lIENnr Caner BAIRD.
PHILADELPIIIA, Nov. 80, 1807.
The debate was commenced by Mr. Kennedy,
who considerably exceeded the allotted ten mi
nutes in elaborating an expression of hie views as
above set forth.
Mr. Jones, of Delaware county, editor of the
,Tniii/es; requested permission to speak. Ife stated
that ho noted as chairman of the groat meeting of
merchants in this city in 'IT, who met to consider
moans of relief and the amelioration of the cur
rency. lie compared our condition to that of a
very nob man whose constitution was under
mined. lie made a very singular speech, the te
nor of' which can be guessed from the concluding
remark, which ens, that he, the speaker, "was a
greater man than Socrates, for Socrates had his
nose broken, not long after his tnarriago while,"
mid he, " ave reached the age of forty-live, and
have got an undamaged cutwater to precede me
through the world."
Mr. Thomas Kimbor, Jr., spoke in explanation
of his views, as convoyed through the medium of
his written proposition. Ile was listened to with
marked interest and attention.
Mr. Win. D. Lewis said that the hawks should
lie limited In the amount of their loans, and pre
sented an array of statistics to sustain his position.
With this restriction, he said there would he no
longer either of expansions or of panics. At pre
sent the law restricts them to loans of throe limos
the amount of their capital, but that is equivalent
to no law at all.
Mr. Lewis then offered the following, accom
panying the other papers, which ho took it for
granted would be referred to a committee, as he
considered that course necessary to impart shape
to the subject:
That it shall not bo lawful for any bank in this
Commonwealth to hold at any time Investments of
all kinds, except specie, to an amount exceeding
ifty per cent. beyond their e capitol stock.
and if it shall appear that any such bank shall at
any time have a larger amount than this limita
tion allows, invested as aforesaid, then. and in
that ease, Atilt the charter of that bank ho Ipso
facto forfeited.
A provision can be adopted for determining, by
the oath of the directors and officers. once a year,
the estimated amount of their capital. And an
other for frequent publioation of their condition in
the main items.
Mr. Edward M. Davis said he slid not belies
that the old system could be patched up so that it
would work. Wo need permanence mid stability
fcr our currency ; our bank notes should be at par
throughout the country. Amon the first things
ire should do would be something like this, although
ho did not expect much support In a conservative
body like this—
Abolish the usury laws, leaving coven per cent.
to be the interest where no special contract is
made.
Charter no new banks—recharter no old ones.
Prohibit any issues in paper by any new moneyed
institutions.
Allow all banking of discount and deposit to be
as free as any other ordinary trading by individual
or combined effort as partners, and for the conve
nience of bankarstlet them establish a clearing
house
Authorize and require the Secretary of the
Treasury to pay the debts of the Qum:vat Govern-
Went in coin or paper money, at the option of the
creditor, and in denomination from $25 to $lO,OOO.
and at any time to issue similar paper for an equi•
valent tHteoin, upon the receipt of J of 1 per cent.,
the said moneys to be receivable itt all times for
duties or debts duo to the Government.
Mr. - Steinmetz, after preliminary remarks, sub
mitted the following:
Resolved, In the opinion of this meeting, the
following reforms should be adopted for the
government of the banks of this city :
That we have a law fixing the dividends at a
maximum of seven per cent., clear of all taxa
tion.
A Into fixing the notes of issue at a minimum
of $3O.
Revolved, That the present banking systems,
With a few simple reforms, is well calculated to
satisfy the wants of the business community.
That with very few exceptions the officers of the
banks of the city of Philadelphia are entitled to the
confidence of all parties interested iu the respect
ive institutions.
That ne require a law forbidding nceonwooda.
lion, involving the use of the funds of a bank to
any officer thereof.
A law giving a salary to all officers, including
directors.
A law prohibiting the receipt of all foreign
notes, unless redeemed through an agency in this
city.
A law forbidding any discounts, excepting at
the Board of Directors.
A law prohibiting a line of discounts to any nc•
count exceeding say $lO,OOO.
A law preventing the withdrau al of specie by
deposit creditors.
A law prohibiting loans on call
Mossro. Edwards, Kennedy, and others continued
the discussion at great length, but without any tip•
parent agreement no to any policy to be adopted
Mr. Busby moved that a committee of thirteen
be adopted to digest and consider upon the various
resolutions, propositions, and documents presented
for consideration.
The Board then adjourned to meet next Monday
evening; the committee to be appointed at leisure
by the Chair, then to present their report.
Thomas IVarhington Smith; the Murderer of
Richard Carter —This individual. who it will ho
remembered shot Richard Carter, President of the
Authraoito Bank, at the St. Lawrence Hotel, a
few weeks since, retains a remarkable degree of
self-possession, in his preeont quarters at the Moya
mensing prison. Smith is evidently a man who
has been well educated. Hie conversation denotes
a well-stored mind, awl his manner and bearing
are indicative of a firm spirit, which wo rarely
find in ono who is confined en the grave charge
of murder. We learn that David Paul Brown,
Esq., has been retained as one of the counsel for
the prisoner. The day for the trial has not yet
been determined upon.
The Exhibition of the State Poultry Society
will be continued during this week, at Jayne's
Mall, Chestnut street, below Seventh.
Rev. henry Ward Beecher will lecture before
tho People's Literary Institute, at the Musical
Fund Rail, this evening.
Meeting , of the Holders, of the Union Canal
Bonds.--A meeting of the. bondholders of the
Union Canal Company of Pennsylvania was held
last evening, at half-past seven o'clock, at the
Girard House. Over fifty gentlemen were present.
Vincent 1, Bradford, Esq , was call° I to the chair,
and Col. tilllUl33Pago acted as secretary.
Mr. M. B Buckley, after a few remarks on the
condition and prospects of the Union Canal Com
pany, offered a preamble and resolutions providing
for the appointment of a conitnittee, I. confer with
a similar committee, if appointed at the meeting
cf the bondholders to be held at the Exchange to
day, and instructing said committee to report the
result of their action at a subsequent meeting.
The resolutions state the object of the appoint.
roent of the committee to be an effort to reconcile
the existing diversity of interests.
Mr. Williams said that he knew of no diversity
of Interests, and thought that the words were lin.
properly used.
Mr. Buckley replied that a diversity of interests
does exist between the bondholders of the com
pany. There was no more antagonism, however,
than limo was in the relationship between debtor
and creditor.
A gentleman sail that there should be no at
tempt to anticipate the action of the Board of
Directors which meets to-day.
Col. Page stated that the call for the meeting
to-day was a general ono, and not only addressed
to puns bondholders. We are not called to attend I
it in any representative capacity, He contend
ed that no antagonism existed between the pure
bondholders and the bondholders and stockholders.
After further discussion, the resolutions were
adoptcd. The committee, who were appointed at a
meeting of the holders of the mortgage bonds of
thecompany, not interested in the preferred or
common stock of the company, stated in their
report that the mortgage loan of the company,
authorized by act of Assembly, amounts to the
sum of two millions, five hundred thousand dol
lars, of which there have been sold bonds to the
amount of $2.223,500, and the balance of the loan,
amounting t0!.5276,500, has been hypothecated at
about fifty cents on the dollar, to the holders of bills
payable 'by the company.
Tho indebtedness of the company (other than to
mortgage bondholders) amounts to $683,181.74.
The assets of the company (other than the canal
and its appurtenances) consist of $276,500 of its
mortgage bonds, 8,432 shares of the preferred MX
per cent. stock, and 2,938 shares of the common
stook of the company, which are owned by the
company. In addition to these proper assets of
the company, it has borrowed $lOO,OOO, of the
mortgage bonds of the company, 947 shares of the
preferred capital stook of the company, 196 shares
of the stock of the Alinehill and Schuylkill Raven
Railroad Company, and 87000 of Philadelphia city
six per cent. loan, which were leaned to the com
pany under an agreement of October 16th, 1850,
all of which securities have been pledged as col
lateral for the indebtedness of the company.
Of the above-mentioned indebtedness of $653,•
481 71, $8,770.83 is secured by a judgment in
Dauphin county, in favorer Joseph Chamberlain,
which, being a lien subsequent to the mortgage,
may not prove to be sufficiently secured.
so,soo.—Bills payable to Dr. J. R. Paul, secured
by a hypothecation of $7,000 city sixes loaned to
the company, under the agreement of October
161 h, IRSO, valued at $6,000.
$3,500.—8i11s payable to Dr. J. R. Pant, secured
by a hypothecation of 64 shares of the stock of
the Minehill Railroad Company, loaned to the
company, under the agreement of October, 1850,
valued nt $3,520.
payable to D. Haddock, Jr.,se
cured by a hypothecation of 132 shares of ine
hill Railroad Company's stock, loaned to the cam
pony, under the agreement of October, 1856
valued at $7,2i10.
rho three last items of indebtedness, the total of
which is $16,300, would seem to be amply secured
by the hypothecations made. The above mentioned
$7,000 city sixes appear to have been loaned to
the company by Isaiah hacker, Esq., and the 196
shares of lqinchill Railroad stock by Ward B.
Ilazetton, Esq., at a valuation thereof, made under
the agreement of October 16th, 1856.
The report of the committee is very voluminous,
and contains touch interesting information.
After the transaction of some unimportant busi
ness. the meeting adjourned.
Police Ilems.—At an early hour on Sunday
morning, while Officer Allen, of the Sixth Police
district, was inking a drunken man to the Filbert
street station house, he was set upon at the corner
Twelfth and Cherry streets by a party of four row- I
dies, and beaten In a very brutal manner.
The police returns made to Mayer Faux yester
day morning, were entirely devoid of interest.
The only arrests made by the Reserve Corps, under
Lieutenant Dickliart. were for drunken and dis
orderly conduct. The different districts wore
unusually quiet during Saturday and Sunday
nights.
William Dewees has been held in $l,OOO bail by
Alderman Clark, to answer the charge of vending
lottery policies nt a house in Franklin avenue,
near Second street. A very largo quantity of
tickets seas found upon the premises
William L. Brown, who was recently committed
to the oounty jail at Media, to await his trial on
the charge of robbing Mr. Asken, in Delaware
county, the particulars of which were published at
the time of his arrest, attempted to mak e his escape
a few days since. The jailor, armed with a double
barreled gun, intercepted hint, but Brown seemed
determined on escaping. Me dodged suddenly,
and passed the jailor, when the latter levelled
the gun and commanded him to halt or be shot.
The daring prisoner gave up, and was subse
quently fastened so as to prevent an escape.
Since his incarceration it has been ascertained that
he perpetrated a largo number of the farm rob
beries in the upper rural section of our city in the
mouths of August and September last. Re had
also boon engaged for some time in organizing a
hand of burglars among the "darkies' who float
about the wharves, many of whom wore disposed
to work to make an honest living, until Brown dis
played considerable amounts of gold and silver in
their presence. Tempted by the allurements of
tae in- g ost.sa apeelo, they . finally systemized their
arrangements for burglarious operation', and were
about to commence at the titne their leader was
arrested A number of theta have made a clean
breast of the whole affair, and their evidence will
probably be wanting on the day of trial Brown
has already nerved out a terra of seven years and
i
six months n the penitentiary, and is altogether a
desperate, cunning, and rather a shrewd fellow,
and therefore the more dangerous.
Last evening two teen, who gave their names as
Samuel Pearson and John Day, were arrested In
the not of driving off a horse and carriage, belong
ing to Mr. John Campbell, from the corner of
Harmony Court and Third street. They were
taken before Alderman Enou, who committed
them to answer at court.
Anna Mott, who keeps a tavern in Water street,
was hold by Alderman Enuo last evening, to an
swer the charge of selling liquor on Sunday, and
selling it to John Hudson oldie he was under its
influence.
Tho arrests made by the police during the month
were as follows: First district, 193, Second. 190;
Third, 100; Fourth, 86; Fifth, 130; Sixth, 97;
Seventh, 117 ; Eighth. 33; Ninth, 91; Tenth, 168;
Eleventh, 170 ; Twelfth, 124 ; Thirteenth, 29 ;
Fourteenth, no returns • Fifteenth, 17; Sixteenth,
82. Total, 1,610.
Our Public Schools.--There are in the public
sahools of our city neventyhine male and eight
hundred and ninety-ono female teachers. The
number of pupils is 51.761, while the average at
tendance is 47,514. The number of applicants
DOW waiting for admission into the schools is 3,359
Tho amount asked by the sectional boards for the
payment of salaries of teachers is $305,751, and
the amount required fur the rent of school houses
is $21,720. The estimated expenses for repairs to
school houses and additions thereto during the
ensuing year is $13,000; for furnaces $10,755; for
cleaning school houses, $31,271 , clerk hire, $1,700;
furniture, $14,517 ; erection of new school houses,
$99,100 ; support of night schools, $22,647; print
ing and potty expenses, $44091.
For employment of additional teachers, $3.000 ;
for rent of additional buildings, $2,000; for ground
rents, $9,00 . 0; for fuel, $15,000; for water rents,
$1,000; for books and stationery, 82 cents for each
pupil per annum, $45,000; for salary Secretary of
Board. $1,500 ; for salary of clerk, $600; for sala
ry of messenger, $lOO ; for rent of office, $9OO ; for
}}muting annual report, roll.books, registers, and
blanks, $2,000 ; for advertising, $5OO ; for porter
age, carriage hire, gas, and incidentals, $1,500; for
expenses committee on property, and grammar,
secondary and primary- schools, $lOO each, 6200;
for expenses committee qualifications of teachers,
$200; making a grand total of 5648,332
The committee of the Board of Controllers of
the Public Schools, to w hom these estimates were
submitted, made a number of reductions on these
figures.
The as Unemployed."—A number of despe
rate attempts have recently been made to rouse
the dead '• unemployed" excitement, which re
ceived its quietus at the demonstration in Inde
pendence Square. On Friday evening last, a
mooching of unemployed workingmen" aim called
at the hall of the Mechanics' Institute, South
Fifth street, by the • Workingmen's Central Com
mittee," who, it appears, have an especial fond
ness for anything In the shape of excitement At
the appointed hour, seven persons were present,
including a portion of the committee and two re
porters. Of course, no collection Was made, and
the committee had their pains for their trouble.
Another farce, in tho shape of an " unemployed"
meeting, was enacted at Manayunk, on Saturday
afternoon last, in which this active committee were
the iltamatis per , oner. Speeches were made, and
a collection attempted to be taken up, but without
success, when the meeting dispersed.
Pirts.--During the month of November
there were twenty-eight alarms of tire at the
central taco. The Statehouse bell rung for
twenty-two alarms. Thorn wore six alarms for
which the hell did not ring. The bell struck for
one general alarm. The properties destroyed or
damaged were as folloas : Stables, 5; dwellings,
8; halls, 2; loather yard, 1; barns, 2; shed, 1;
factories, 2; smoke-house, 1 ; chimney, 1; cabinet
maker's shop, I; stores, 5; printing offices, 2;
dutch, 1 ; woods. 1 ; hotel, 1. One alarm was
cawed by the burning of a foul chimney.
Tho fires were divided among the fire districts
as follows: lot district, 12 fires; 2d, 3; 3d, 2; 4th,
0; 5111, 2; 6th, 2; 7111, 1. The aggregate loss by
theh tires is estimated at $63,500, which is mostly
covered by insurance.
Philadelphia Bible Sociely. —The annual
lousines+ meeting of this society was held yesterday,
at the Bible Douse, corner of Seventh and Walnut
street , . A resolution to dispense with the public
celebration of ,tlio anniversary of the society was
adopted, after which, than - meting adjourned. The
annual report will he rowdy for distribution in
about a week.
The Clerks in the Recorder of Deed's office
yesterday presented It D. Wilkinson, 'Esq., the
refit ing Recorder, with a. very fine cane as J)
ten
timouial of respect.
Vesterday looming, Lewis Beuh
ler, aged thirty years. was run over by a wagon
containing two tons of sheet iron, at Broatrand
Cal lowhi SUMS. Ills injuries are of a very seri
ous character.
ire learn that Governor W. A. Newell and
suite, of New Jersey, will visit rho Institution for
the Blind this morning, at 11 o'clock, when special
exercises will be given.
PHILADELPHIA CATTLE MARKET, Nov.
30th, 1857.—Th0 supply of Beef Cattle at the dif•
forent yards this week has been only moderate,
amounting to about 900 head; the demand was
fair, and most of the offerings worn disposed of to
the city butchers and packers. nt about last work's
rates, the tendency being in favor of the sellers,
prices ranging at from $7 to $lO, chiefly at 58a$01
the 100 lbs., according to quality.
About 5,000 Shoop were at market, and were
mostly all told at from 521 , to $1 each, according
to condition. Skins are lower, and Tallow also is
down le. per lb.
About 200 Cows end Calves were nt market,
selling slowly at from $45 to $5O for fresh Cows,
$01) for extras, $25 to $35 for Springers, and slsa
$lB for Dry Cows.
Tho hog market was brisk at from $7 to $7 071
the 100 lbs. ; about 4,000 bead wore offered during
the week, and all sold at these rates.
TUE MONEY MARKET.
• PRIT;AIMPRIA, Nov 30, 1857.
The sales of stocks to-day show a light business,
less than twenty-five thousand dollars of bonds
having beon sold, and the majority of tho sales of
shares being for a small number. Reading Rail
road stook opened at 271, but fell off again to 26; ;
Pennsylvania Railroad opened at 40 and elo,Ki at
less, while Balk of Pennsylvania stock irnProCed,
closing at 123. The market is dull, and large or
bold operators do not appear, while prudent men
are fearful of stooks under the tuasettiod conditi on
of financial affairs.
Mr. T. B Peterson sends us a pamphlet lamed
by Mr. Nathan Appleton, of Boston, on the sub
ject of the currency and banking. It wee origi
nally issued in 781.1., and has sinus been twice re
printed, at this time with an appendix containing
the author's recent letters on the panic of 1857.
While we do not agree 'with the distinguished
author in many respects. we heartily commend
the perusal of his little work to our readers, as the
production of an able mind, conversant with the
details of, and contemporary with, the two great
convulsions of 1837 end 1057. None of his lead
en; will cavil at the concluding paragraph of the
work, which charges that the banks of New York
have been making a new experiment in banking,
disposed to try how far a contraction of the circu
lotion could be carried without regard to conse-
Spieneea
The New Haven Herald calls attention to seine
irregularities relative to the circulating notes of the
bank of Hartford county. It was originally organ
ized under the free-banking law, one of the pro
visions of which required all notes issued to be regis
tered and conntertugned by officers of the State, and
the bank was obliged to deposit certain stock as se
curity for their redemption. Subsequently it re
ceived a charter, and gave bonds to the State for the
redemption of its registered circulation afloat. It
originally received $413,250, of which $102,250 had
been returned and destroyed, but among the notes so
returned were $785 in fives and $2,384 in tans more
than the bank is charged with in notes of them de
nominations. It further appears that while $ll,OOO
only of this registered circulation ought to be
afloat, since the bank bee passed into the hands of
receivers no leas than sixteen thousand dollars of
registered bills have been presented for payment,
being five thousand more than the State aecounta
and the bank books show to have been issued.
The export or specie from New York the pest
week we as follows:
Barque Teresa, Maracaibo, Am. gold.. 428,000 00
Barque O. Windsor, Port au Prince, A. g. 18,505 00
Ship Parana, Buenos Ayres, Am gold.. no 00
Stmr Arabia, Liverpool, Am. gold c0in..602.953 33
United States Mint bars 0 72,293 S 7
Sovereigns and francs 103.450 00
Gold and silver 17,500 00
Sovereigns 531,519 14
Bank notes 970 00
Stmr Eit7 of Wash., Liverpool. E. gold.. 13,794 00
Stmr Anal, Bremen, Am. gold 38,925 50
Total
Previously reported
Total, 1857
Statement of tho imports of foreign merchan
dise at New York for the week, and since tho let
of January:
Dry Goods
General Merchandise
Total for the week $2.272.268
Previously reported 206.906,581
Total for year .309,173 ?t9
The Valli value of foreign imports at Boston, for
the week ending Nor. 2S, was as follows:
185.7 5T97,527
18.56 $052,105
Decrease $555,578
On the 231 of Nocomber, the U. $ Treasury
bold on deposit $10.352,2(41 12
Drafts drawn, but not paid 3,023,749 Od
Amount subject to draft
The Governor of South Carolina, in his annual
message, recommends that in granting bank char
ters hereafter, it shall be made a rule to confine
the banks to dealing In exchange, discounts, and
deposits. The issue of bills for currency, he says,
should be the prerogative of the Bank of the State,
which, in its turn, should be denied the privilege
of discounting notes or dealing in domestic ex
change.
Touching the suspension of specie payments he
writes as follows :
" Regarding the recent revulsion in finance and
the currency, I will not attempt to enumerate its
causes, but will venture to direct your attention
not so much to the banks as to the system of bank
ing. A system which sanctions the issue of paper
money to so large an amount, leading to taunted
credits, inflated prices, extravagant habits of
living, and reckless speculation, may be supposed
calculated to produce a crisis sooner or later. The
unhappy sinking of a ship with bullion from Cali
fornia, or any event sufficiently exciting to create
a momentary peel°, was enough to precipitate it.
It has had the effect to paralyze the arm of honest
industry, wherever labor is opposed to capital—
to depress the opening market for produce—and to
impair the corffidenee between man and man.
" The banks In this State wore affected by the
common panic, and felt the pressure severely.
Some of them. yielding to its influence, have sus
pended specie payments. The suspension of specie
payments by a bank is a failure to redeem its notes
on demand—a forfeiture of its promise to pay in
gold or silver, current coin, the full value of every
bill issued from its counter—a promise, on which
is based the privilege granted by the State to issue
circulate them as currency. However,
It may bo sapposca to afford present relief to the
business interests of the country, which, unfortu
nately, are so wound up with the banks as to suffer
inevitably from the contraction of their credits
and their stringent demands, it i.e demoralising In
its tendency."
Statement of deposits and coinage at the Mint
of the United States, Philadelphia, during the
month of November, 1557 :
GOLD BULLION DEPOSITED
From California
Other Sources...
Total Gold doposita
bE(XEU BULLIOM DEPuSITED.
Including Silver purchases $373,301
SpaniAt and Mexican fractions of a dol
lar received for exchange for new cents 9,535
Total Silver 333,140
Copper coma (0.5.) received for exchange
for new cents 919
Total deposits '31,807,879
Statement of the coinage at the railed States
Mint, in Philadelphia, for November, 1.4.57:
No of Pieres. Volpe.
Double Eaglcs Sit 970 $1,8.99,400
Eagle.; 7,200
Half Eagles 18,066 t , 0,340
hold Dollars 56,6:03 50 Dti
174,924 ;2,108,426
Half Dollars 620.000 :310,000
Quarter Dollars 1,316 000 329,000
Dimes 350,000 35.000
Half Dimes 520,000 20,000
VGO,OOO
New Cent 1 t 620,000
necAPirmArioN.
174,924 $2,103,426
2,800,000 700,100
1,620,000 18,200
9,800,92-1 $2,521,626
The business of the Branch Mint at San Fran
cisco for tho aiontliof October, was as follows:
PRPOSITS.
Ould Bullion received, gro o weight, 103,740.12 0r..3
Sill er 1,9:.9
Pieces. Vallee.
—ONO $1,::S0,000
..10.006 10000
—13,000 90,000
Double Eagles
Eagle]
Half Eagles..
Tata] 07,000
SILVER.
Half Dollars ^{,ooo
Quarter Dollar 3 :rl,OOO
Total 76,000-
111:CAPITUL
No of PI (WV
tlold 97.000
Sißer
Tho shipments of treasure from San Francisco,
for the tan months of the respective years '56 and
'5l, inolusive, compare as follows
1656
18:a
Decrease in 1857
For tho ton months front January ht to October
31st, inclusive, the comparithon of export:ire . = San
Franc , litco fitand3 thus
185 d
1857
Difference in favor of 1836..
PHILADELPHIA STOCK EXCHANGE SALES,
NoTember 30, 1857
Reported by R. Manly, Jr., Stock Broler, No.
80} Iralnut street.
FIRST BOARD.
14000 City 134..c5h luts.B3 60 Reading 11...b5w11.27 I;
800 do cut:ll2MA)/ V 60 do 6.5w0 .27.,
250 Mioehill It Co ..101 60 do 6.3 27 ti
2500 Peon .5m ....lota 86 100 do 06 27
10 do crib
100 do bswrak lof 27
100 do ^tlr.
21 Morro Cul pfd
10 N Nun K os
13 do ....... 9.1(
do .... .ey
13 Harrisburg It 53
1 do
100 Long Island 14...104
173 Lehigh Sertp..b3.37
47 do 31
1 Mechanics'
26 do .......
1000 U. llCiie7sBswn 00S
4000 N Peon R 64 lot. 594
1000 do ....2.dy5.53s
1400 City R t 34 vat 1t5.58
COO Schuyl Net 04 . 82.51
1000 Reading 1t.64'70.75
1 Miuohtlt 59
20 Perin It 30711
3 do 10
10 do 40
17 do ...• 1 . 14 • 30 li
Catswisso. It ....
"2.4 ~,,, lots. ON
108 Resiting s .swo.27X
100 d o ....I.3wv.2iN
BETWEI?
3000 N Ponn R tie lots 5334
WOO thItAWIKSA It 78...42
700 City Oa new. 94,14
30 Penn 1t....e3w0.30,4
50 Long Island It - 10'i
20 Penn It
50 Rending It ...... 55.2.7
2 Perm S. Mach 13k..52
BOARD.
6 Norristown B 573
20 Bank of Penn... 63.12
10 do 'Af
10 do 12.4
10 do 12 t,
10 do 12%
A Alechontcs' 80nk..24
^0 Girard Bonk 10t5... t 1
11 Formk.Meehllk 1t5.52
SECOND
6000 N Penn R Oo 141.53 s
1000 do ....2ihnt .70
2000 Penn 34 RS
000 City 6s cash tots,SS
Poun 300,
10 L Sehuyl R 13
450 L Island 11..10t5.10
16 Catawissa R' ej
50 do ....65ten. 7
100 Lehigh Zinc 7.
1000 Penn R Os
OLOBING PR
Bid. Asked.
11 8 (Ps•• 68....111
PhiWel 6'5.... Si X IS X
RR....85 SSA
II New.... 94 95
Penneylv 1'e....8 4 1 "
de Benda , 10 10 75!
Bert. Asked.
So II as 'BB prof 18 ww
Wsnep't & Elm R 13,4( 1.8
do latmortT's GT
do do Um 50S 51S
Long lidsnd ....10x 10s
Vicksburg 6 tr, ij
Girard 8enk.....9v
Lehigh Zin0..... 1
Union Canal A tis
New Creek
Cstawinsa It N. „Vi
. .
do Mrt 6s'll 42
Penns 8R...... ;t9% 39,1‘
Morrim Osnl Con 46X 17
fichu N GO 61
Mack ...XX 12
BY THE PILOT LINE.
ILETTEif. FROM NEW YORK
(Correspondence of The Pre. ]
NEW YORE", Nov. 30, ISa7—S 20 P.M.
There is no stir whatever in the money market.
The general disposition seems to be to keep
sung," those who have money and credit being
afraid to enter into any engagements, no matter
how promising, and time who have the courage,
and see the opportunity now afforded to give an
impetus to trade and make money, have not the
means and cannot get them. Meantime the money.
the real sinews of our prosperity, the life-blood of
commerce, is hoarded in the vaults of the banks,
unproductive both to the banks themselves and to
the rest of the community.
- The news from England container' in the tele
graphic despatch from Newfoundland, is assuring,
and loads to the belief that the panic has ceased
there, and that the preesnre is materially relaxed,
now that it is known that the bank is not restricted
by the state of lAA supply of bullion. The emirs
from France it not so good, nor do I believe that
the employment of similar measures to those
adopted in England is at all calculated to produce
similar results. The trade of England is sound,
and has been steadily and prudently conducted.
There has been no great amount of speculative
enterprise, and no new railways have beenbuilt
there lately to any extent. The commenence is,
that the wealth of the country has not been fore
stalled, or mortgaged, or sunk in doubtful specu
lations. Bat in France the exact reverse it the
case. Biteculation has been rampant there for
, years. Everybody Is more or less implicated in
the monster speculations which the Credit Noll
lier and the Credit Fancier have encouraged and
inaugurated, and which the Imperil' Government
has directly approved. Ererything has been in:
dated for years far beyond the intrinsic value.
The country is flooded with the scrip of enter
prises all over the world, from the building of
Russian railroads to Siberia, to the supply of om
nibuses and wax candles for Paris. While things
went smoothly, these shares bore a high premium,
and monster dividends were declared, as baits to
catch fresh.gudgeone, but now that the storm is
come, the sham fall, the dividends become small,
(not by degrees,} and beautifully lees, end the
holders are frightened, and panic is the 0011001,-
quenee.
Theaction of the Banker France, if kept within
anything like prudent limits, cannot allay the
panic and Satisfy the community, and I therefore
fear the derangements in France are far mere
•likely to affect us injuriously than those in Rag
land, %there there is vast wealth, no inordinate
speculations, and fortunately, no credit iristdu.:
ttons. The failures in both countries are heavy ;
but not more than was to be reasonably expected.
They do not, however, touch us materially, par
ticularly the last batch announced in this morn
ing's papers. Foreign exchange is firm, but very
dull. Bills on London are quoted at 1051109 for
bankers' signatures, and /10a1.11 for Amt. drafts.
Exchange on Paris is:very irregular, and little
doing.
The California arrival will more than Ell the
vacuum in our stock otepeeie which will be created
by the sum to go out in Wednesday's Cleanser from
Roston. The Northern Light brings $2 000.00,
and the Felton $220,000.
Tho following is a comparative statement of the
average condition of the New York city banks,
for the weeks ending November 21 and 23, ex
cluding the Bank of Commerce, whose report was
not published up to the post hour:
N0v.21. Nov. '23.
Lotus 864.547,173 .1.54 330.665 Dec r 216,303
Specle ...... 2fit.220.412 21,243.024 lon 1,e24,412
Circulation 0.251.322 6.50.653 Inc.
Delposilt4 T 2477.963 73.1006090 Inc. weave .
'lam exchanges to-day at the clearing house were
$10,740,570.41, and the balances paid in coin
$1 521,264.65.
The American Exchange Bank redeems the
notes of the Bank of Rondout, N. Y. The re
demption of their notes by the country banks goes
on very favorably, and rumors of the wonderfully
rapid rummer in which they arc going to redeem
all their notes held by the Metropolitan Bank are
very rife, particularly in the neighborhood of the
parlors.
The stock market was much firmer to-day, but
still there is nut much activity in what are called
fancy stacks. Buyers are less numerous than sel
lers, and, notwithstanding to-day's experience, I
still look for a general fall before long. State
stocks were sought for by men who want to invest
their money and not speculate. and railroad bonds
are steady at good prices.
The second board closed dull. but firm at for
Erie; 53,1 for Reading; 741 for New York Centre!;
41i for Cleveland and Toledo, auk' 73 for Chicago
and Rock Island.
NEW YORK STOCK ENC
FIRST
6000 N O's, '7l 110
10000 NY 8 '6l/ 00
10000 N YSS's, 0.9
3000 Ohio 6'5,1156 102
60(0 Mich State a's 90
5000 Ken Slate 6's 99
3000 N Carolina f.'s 87
10601 Tenn G's,79o 85
10001:rle Stea ls 'l3 67 04
11000 11l Con Rte .57
1000 111 2 witiot pri 65
25 Park Dank 85
10 Bank of N Y 91,b
00 Stantiat Goa Co
5 Del & Had Cul 104,4
100 do 010 104
50 Cumb Cool 10';
200 do 10
20 Pacific Mail Co Gas
SO Cantos Co MO 10,
100 do 19
10 N Y R 75
90 do 810 74
is) do 74,t6
200 do op,: 74
130 do WO 74 V
100 l'ne.ltatiroad 152,
-100 do 11.0.
2.50 do slO 161 i
100 do n 3154
50 do aCod 15
200 Harlem R to 9
200 do Sat
Mich de N I prof 314
50 do b2O 32
90 do 31
. 1,585,510 S 4
34,595,725 43
26,25:3,237 27
$5;6,633
1,715,63.,
57,323,451 OC,
UNITE SALES, Nor 30.
30ARD.
100 Reading It blO 63
100 do c 524
290 do e 3 52,5,
WO do elo
100 do et/ 52
100 do e 524'
100 do 52%
200 do elO 52%
60 Panama It 97
100 do ILO 5.5
410 Illinois Cen 94
15 do - 51 X
50 Mich SAN I R bID Pi%
321 do 17
50 do s 3
50 do b3l9'
200 Cle 3. Pitts 14%
35 Cle &. R 41
700 do 41%
750 do alg
200 do se.o 40%
100 do e9O 40%
,L ILO do IA) 41,4
1100 dr b2O 41%
600 do b.ll 41%
150 do 41%
54/Chi &RIR 773
69 do 774,:
30 do T 3
150 do 193 70)
30 La Cm & 1111 R
100 do b3D 11%
1190 do 113(
; 60 do 11%
50 Gal & Chi 630 79}
15 do 79
TILE MAREEIS.
Asitts.—The demand for both kinds is light, and
the market is heavy—sales of Pot 3 at 07, and
Pearls at $6.50.
COPPER.—Rio and most other Mods are dull and
heavy-300 bags Rio realized Oalaie.
Corrov.—The market is steady at 111 for mid
dling uplands, and 12.1a12.1 , for middling fair.
Small sales have transpired at these figures.
Fisu.—The inquiry for ruoi.t kinds continues
quite limited, and the market is heavy.
/LOA C.—The demand for Western canal
flour is light, and with large arrivals prices are lee
lower on common brands. The better grades are
comparatively firm, but sell slowly. The inquiry
is confined to the home trade mainly
The sales are 5,000 bbls at 01.00a04.90 for com
mon to good. State ; 0545,20 for extra do; 04 001
01.90 for superfine Indiana and -Michigan ; 0545.00
for extra do; 05 40a1,3 for common togaal extra
Ohio; $000.720 for good to choice do; 01157.60
for St. Louis brands, and 56a57.75 for extra Gen
esee.
$1,309,320
2 ,rlO
$1,123.;90
INCenadian flour is offered more freely, and is ICs
lie lower—sales of 400 bb!s at $4.h5a54.90 for
superfine, and $5.25a54.-to for extrabrands South
ern dour is plenty; the market is dull and heavy—
sales of 600 bids at Si 20a5.5 fur mixed to good
brands Baltimore, de and Si L. 5.157 for the better
grades.
Bye dour is inactive at $3 50a54.60 for fine and
superfine. Corn meal is quiet at $3 for Jersey.
and $3 05a$3 70 for Brandywine. Buckwheat near
is in fair request at $9 ter 100 lbs.
GRAIN.—Tho inquiry is Itzht for wheat the
supply is limited bat greatly in excess of the de
mand, and prices are 3asa per bushel lower. and
at the close are nominal. The sales are only S 000
bus at 51.25 for good red S.,athern, sl.;:a for fair
white do, $1.12? for red Illinois, and $1.15 for rod
Indiana.
Barley is quiet at 70a54.1c. Oats are more abun
dant and, lower sales of State and Western at
45559 c. and Jersey at 40a4-10. Rye is heavy and
more plenty.
Corn is tirm, the stock is small, the demand fair;
sales of 12,000 bushels at 90e for Western mixed ;
lioa9-te for old Southern white; 75a73c for Jersey
yellow pew
.)
Ilay.—The inquiry is active the supply good—
sales of 1.000 bales at 5546.3 a per 100 lbs.
MOLASSES —The market is steady. and small
sales are making at fair prices.
NAVAL STl,RES.—Spirits Turpentine Las suf
fered a further decline, but there is a better de
mand at the reduction.
Ott.s.—American linseed is in fair request at
steady rites—sales Zi,ot'n gallon.= at 51355 e. era le
whale and -perm, no well as most otherkinds, con
tinue languid, without any material alteration in
priers wh am or.
pnoviooss —A moderate inquiry for pork. and
the market is lower and closes heavy. Sales of 3ao
bbls at $l3 for Albany mess; $l3 50 for city do:
$17.:i0 for thin mess; $l6 for Albany prime, And
Zlti.so for city dci.
Beef is lower, and is dull and beavy—sales of 200
bids at $5.7547 for country prime; $.13510 ii for
do mess; sl2asl3 ;Ai for repacked, Western mess,
and $l4 25414 for extra de.
Prime mess beef and beef hams are dull and
heavy. Bacon is in limited demand at Ida. Eng
lish middles are dull and heavy
Cut meats arc lower—sales of SO hbds at 7.ta3c
for Shoulders. and olalnie. for Hams, the irside
price for lots to anise. Dressed flogs are loner—
sales at 6117ic.
Lard is lower—the supply is increasing. and the
inquiry i= small—sales of :AV bbl?. and tietces at
If alts.—the latter price for choke.
Butter is in gel demand. and is steady at Ida
170 for Ohio, and 15320 c. for State. Cheese
saleable at OaS;e.
uses are a shade better in feeling under Ito
favorable foreign news per Fulton. No sale , have
3 ,t been made, as holders are asking an advance.
It"unpin.—The market is heavy; the arrivals
aro fair, sales of 300 bbls. at 23a231e.
;(,570.000
$1.3 - 0 000
23,,0t
$1 S9J,JDO
$40,311 205
35,743,413
S .544,792
$3 1,1, , ,11;
2,577 96 L
PHILADELPHIA MARKETS
NJ VI: )/ LER 30—Evening —The Fulton's adders
being very unfayorable forßreadstuffe, the market
for all descriptions Las been dull and unsettled to
day, and buyers generally are holding off for lo wer
prices before ot,risting. There is nothing doing
in Flour except to supply the local trade, which is
of a limited character. at from $5.25 to
$d 75—the latter forfaney branls. Shipping. Floor
is offered at 53 25. and common extras at the same
Vi If /IOU( finding takers in the present de
p7es•cd state of the market. Corn Meal is un
settled, and sales of 150 bbls country Meal is re
ported at $3 001, delivered, and 400 bbls at a price
kept secret. Rye Flour is scarce. and held at
51 30 Wheats are not wanted, and some small
sales only are reported at 120a124e for red, and
12,1)3133.1 for white—the latter for strictly prime
lots. A sale of damaged was made at 100 e. Co r n
is dull, and only about 1.200 bushels base been
sold at bdaSlc for old. and tioaG3z. for nen, 83 to
condition—the latter for very dry lots. Oats are
wanted, and but few offering. A sale of ',to,"
bushels good Delaware was made at :tie, afloat
There is very little doing in Quercitr n Bark. and
a small sale was made at ~5'30 for first quality
Cotton is not inquired for, and a few small tots only
have been taken. for spinning, at about Irevious
rates. Groceries aro inactive, and the marks. ,
without any elomial change. Provisions tend
downward, and buyers and sellers are apart in
their ideas about prices Seeds —A small sale of
Cloyerseed was made at 53 but it is scarce to
day at that Whiskey is selling, at 223.12,10 for
bbls, 21k for drudges, and 22c for bbds.
PROVINCIAL PRODUCE.- The British brig
Rover's Bride from Prince Edwards Island. arrived
at New York yeAerday, having on board 14 S.i4
bushels and ail barrels icialocs_ bushels of
turuif. LON do. barley. 2 '567 do. oats, 43 bags
oat meal, 2 barrels carrots.