LATER PROM IItIBOPE. vThe : Allies Re-opening Fife at;Se?afl- Jed a!.* kv. ; t hfonrasib of rtia chti'to hii knHr, . • The foljowipg'is -the Manifesto of Alexnjt* • der ‘it id" his Army; ddled- Sl. Petersburg, " Marcli 3: ~ p > 1 "Valiant warriors! Faithful defenders of OKtfrcßVThrdn^^hd^CdQntry! ft bcis pleased -Afiiiighty God Id Visit da wiih the most pain*. Aii'fifld grievlous loss'. We have all lost our COmmon falhet and benefactor. _ In the midst of his unwearied care for Russia’s prosper!* ■ ty, and lhe glory of the Russian arms, the Emperor Nicholas Paulovitch, my most bles sed father, has departed US eternal life. “His last words were : t i thank the glo. rious loyal guard, who, in 1825, saved Rus sia, and I also thank the brave army and fleet, add I pray God "to maintain the courage and spirits by which they have divtinguiahed themselves under tine.' go long as this spirit remains upheld, Russia’s tranquility is secu red both Within and without, and woo to her enemies I I loved-roy troops as my own chil dren, and strove as much as I could to -im prove their condition. If I was not entirely successful in that respect, it was from no want of Will, but because I was unable to devise anything' belter, or to do more.’ May these ever memorable words remain preserved', in your hearts as of his sincere love for you, which I sha’re to the largest extent, and lot them bejt pledge of your devotion for me and Russia.” (Signed) ALEXANDER, . Russian acconnts say that Nicholas passdd the last hours of his life in the consolations of religion. Having bid adieu to all the members of his family, individually he said to the Empress, “Tell your brother Fritz King of Prussia, to adhere to Russia, and never for get his father’s policy.” He then look leave of Count Orloff, Dolgoronki, and Arlenburg, also of some of the favorite grenadiers of the house-hold and personal attendants,’ All ex cept his family having retired, he asked the Empress to repeat the Lord’s prayer. At the wprds, "Thy will be done on -Earth as it is in Heaven.” Nicholas responded fervently “Always,” “Always,” Always.” Soon af terward be added, “1 hope God! will open for me hia arms." He then became partially in sensible for (wo hours; at noon he said some bing of Alexander and the ghrrison of Se vastopol. A few minutes afterward he drew a deep sigh, and expired. The body was exposed, face uncovered, in the Chapel Ar dente, until the 16th of March, when it was buried with (he usual imperial solemnities. Sevastopol.—The Allies have resumed firing upon the town. The letters of March 1 explain the discrepancy between the French and Russian accounts of the storming of the redoubts, on the night ol February 23. Both accounts were correct. The French did storm and capture two Russian redoubts, but, finding them not tenable, from the murderous fire from the walled batteries of their enemies, they blew up the redoubts, and retired with the loss of 100 killed, and 300 wounded, Fbbbvabs 27,—The dead were buried during a truce of one hour. Mabcii 2.—Advices from Balaklava report sickness decreasing, and (lie weather clear and frosty. Three miles of railway are now iir operation. The rear otthe Allies is greatly “ strengthened. Gen. Burgoyne, of the Engineers, has led. He is succeeded by Gen. Koner, "ho recommended, contrary to Na pier’s advice, an attack on Cronstadl. March 3.—The Russians are fortifying in ■ a formidable manner the valley of Inkermann. They are also erecting mortar batteries at Kamara to threaten Balaklava, and have sunk two more ships in the harbbr of Sevastopol, GREAT BRITAIN. (Since the sailing of the Union the proceed ings in Parliment have been unimportant. The’ship James Chester, abandoned at sea, was picked up by the mate and six of the crew of the English ship Maraihop, and brought safe into Liverpool. The Committee of Inquiry into the slate of tho Army before Sevastopol has been ten days in session, and continues. The Earl of Lu can, Colonel Kiniock, Commissariat Officer, and J. MacDonald, Administratorof the Lon don Times Fund, were examined. The evi dence confirms the worst repurls of misman agement. Tho Patriotic Fund now exceeds one mill ion pounds sterling. The ship Great Republic had arri-ed at London, but there was no dock there large enough to admit her. '"’The steamer Great Britain‘sailed from Cork on the 13th, with seventeen hundred and fifty men for the Crimea. Kaunas to be a Slave State. To the Editor of the N. Y. Tribune. Siu - 1 see by ihe Tribune , of which I am a constant reader, that you are sorely exercised on ihe subject of “ Freedom or Slavery in Kansas.” Now, mark my words if you please. -,-,We shall beat you. We shall firmly establish'Slavery in that Territory, be cause it is for our interest to do so. And what is more, we don’t care a d—n what the Northern people may say. They may wince but they must swallow the doso, We shall not lake the trouble even to gild the pill. If necessary, we can buy you up at any time. Besides, the patbiots of the North are with us—every one of them. One Augustus Cte ser Dodge, one Harry Hibbard, one Touccy, is worth ten dozens of the vermin who are croaking against Slavery. Briefly, we shall beat you. -The means.potent,to accomplish; the end wjll be used. If necessary, we can throw Scotch snuff into your eyes, and then kick you all to out heart’s content. Huzza for ’ , KANSAS. P. S,—;l met Mr, Soule on the si reel yes terday, opposite the State. Department,, He looks well, but did not look up at Marcy’a windows,, You know the proverb, “who goes for wool sometimes returns shorn,” and with out the yellow gloves end “shiny vest, also. Bah! What do you say to that ? Area's Chubby Pectokal is a most ex cellent remedy /or Coughs and Colds, We have had occasion ip try its.virtue Repeatedly, during the ’imter just cloatS, and. always found its unattended vyhh beneficial results,. Those whir are’afllicted in this way, wifi do well to try it*. It can bo had at almost any of'the 0 tug Sl6tes,~HbWtdaj/B&urg Regie ter, Pa. • THE AGITAfoS. M. H. COB’S, Bp ITt> R• £ • A * All Communications must be addressed to the Editor teriniare attention. - WELtSBOROnGH, PA. ~ Tlmrsday WdrHTug. April 8,71855. REDUCTION IN. TERMS!!!! The Publisher* o| the AGITATOR, 'respectfully inform (he Citizens of Xloga'County that they will famish the paper Hereafter, to those who-pay ONE TEAR in'AjD VANCE, at ONE DOLLAR. O’ Mrs. Wilcox, teacher, of Penmanship* baa commenced a second term with' flattering prospects. O* The Mendelssohn Quartette Club, of Boston, will give a Concert in this .village in ,a few days. ltT u Pompey.S why is our particular' friend up town like a young swordsman ?" “Ki I masto, link 1 don’ know datT Hose he ali us practice most on de-fence.” - O* Mr. L. A. Sr A its has moved bis Shoe Shop t o the new building lately occupied as a market, in the rear of Bailey A Foley’s store, where he will be happy to see his old customers and as many- new 'oncS'to may favor him with their patronage. • O’ See C. Osmun’s new advertisement on third page. Also, Messrs. SriNcia A Tbohseon’s Card on same page. AU business entrusted to their care will receive prompt attention. O’ A chap advertises in a city paper to teach in six short lessons how to preserve one’s good humor under trying circumstances. We advise tho Eagle man to embrace tho opportunity thus beneficently afforded, to improve himself in Ibis respect The Doctrine of Sphere*. One-half of the world thinks the other half Wan dering like crazy planets “out of their spheres and thus plausibility is given to (he common saying that one-half of the raceia utterly ignorant how tho other half subsists, or ol what is necessary to Us subsistence. Each man and woman sits in judg ment upon the abilities, inclinations and duties of of those by whom they are immediately surrounded —taking their own assumed characters as just crito nous, aod praising or blaming as the characters of others approach or recede from, their respective stan dards. Consequently distortions of character are seen where dodo exist, and excellences likewise. A, prides himself upon being an excellent farmer. To own a fine farm, and above all to so improve it thsl it shall yield a large profit, is to him the best evidence of human ability. Agriculture and its kin dred sciences arc all hobbles that he especially likes to ride. His neighbor, B, rides the same hobbies essentially. A has a son of whom it is prophesied, “he will tread in the steps of his father.” The la ther is very proud of him, because all men, however free from vanity, lovo to be imitated. It is no little thing to be considered a pattern man or woman and behpld the rising generation cutting their coats of Usefulness slier one's own. B bos a son likewise, who ornaments the palings and the barndoors with sketches of men and animals done in tar and char coal, or executes his mother’s portrait on the white washed wall with a bit of red-ohalk, Therefore, B is not proud of his son, for nobody prophesies that he will walk in his father's footsteps. He contiuual ly berates the boy for an idle, do-nalhlng fellow, end holds up A’s son as a pattern boy who will bo rich one of these days, and tfio fortunate proprietor of a Urge and wen sioceca term. So A and li put their heads together and conclude that something must bo done with the lazy, picture-making boy, or his ruin is inevitable. Bat with all .vigilance, Bis unsuccessful* He sends the boy to yoke the oxen which he does by reversing their positions and putting the bows upper most. He sends him to plow corn or potatoes and is horrified in hour afterward to find the team qui etly cropping'the tender crop, and the lazy boy ma king a sketch of them on a bfoad, flat stoop with a *bit of slate.' k ßis too blind to see the bent of the lad’s mind, judges everybody by himself, and of course looks upon the budding artist as a worthless slick. The father docs not dream that there is any other occupation than farming fit for a farmer’s son. In other words, he is mortally fearful that his boy will get out of He ephere. At last Genius triumphs, as it ever must Ho launches his bark on the troubled sea of adventur ous life and gives Jbe'hclm to the God within him. True to his intuitions, ho enters the haven of Suc cess and finds himself famous. The event in this instance proves, that the boy, so far from trying to get out of his sphere, was only obedient to (he law of development in his sphere. Had the father understood mental science as well as agriculture, he would have encouraged where he dis. coursged. Water olways seeks a level, and talent is obedient tu the same law. Thus, no man can oc cupy any station other than that which nature in endowing him, designates, with credit to himself or honor to his country. True, a man, urged by for eign influences, may devote his talent to preaching, when the cast of bis talent indicates to the common observer that ho should have practiced law. He can never distinguish himkelf as a minister, though he practice a lifetime. Ho does not move in that sphere. Another may stand behind the counter and measure off silks and laces, yel every easterner will say unhesitatingly—“he is 100 awkward—he-should go to plowing." That man will never succeed as a salesman, but so far from being out of his sphere he is only making a useless effort to got out, AM this goes tu prove that man and women, though ap parently out of their appropriate spheres of useful. ness, are never bo really. The coward is still a coward though ho bo loaded down with commissions and tho special pleader is never more or less though, ho declaim from Uie pulpit. Were men and, women faithful to their inhibitions there would be vastly less jarring of the machinery of social life, than at present exists. But somehow certain walks in life are sprinkled with the holy wa ter of respectability above others. Law, from its imaginary elevation looks down on (he bumble me chanic.and sneers—"plebeian I” The worker looks upon the professions as little belter than so many refugee for those who are 100 lazy to work ; or, Hy ing to the other extreme, as lh6 only avenues to re spectability and honor. So, it be have a child a little puny and sickly, he concludes (hat nature in tended it for a doptor, lawyer or minister- Ho stud ies law and proves a numbskull; or medicine and slays his thousands; dr theology and succeeds re markably well in leaching bis parishioners to sleep in church. AH tins results front the vain effort fo driVS the boy out of bis spheroT A,fow years would have indicated hie fitness for, sopio branch of busi ness, had the father watched him closely. But he ■ studied a foolish public opinion rather than the. child’s character. > , ' Them is an infallible ■ guide by which every par ent wfia observes at ail, may'raake a- wise choice for his child. There arc some governing faculties, that distinguish ever; mind even in childhood, Sv ery rejuonable creature is "cut out” to attain a do- -TIE JIO,QA. COUNTY AGITATOR. «**•' "s. ekccllence'fhlsome djrecllpri. eraarid an born spheres rif Po etry | Art and,Romance. riot 'thef-pame nndVprofe«|ion» ? -fifot riot the j«ne T . Why—everything is-subject to i&.Law ofcAdapt cdness, to coin a phrase. If a man excels, ,at is suc cess fUMnany .partienlarvpherfl'ofMfseftdtiriffli Ithr pcooteflougU that he-i* i.workingv* n ' |njo£; whicb'lroWasbdtn.'' fTlrio, good ’ shoemaker and a preacher he cannot be equal ly good in both officcs-phe must pxcel. jn ono.be caose the mind has some one dominant faculty that, withjfoppdrlunrty for development, marks, ihe.man! But'to hoer lho prslUe sbooi men rind’.woineri traps, sending their spheres of action, one might be led to imagine that there is no each a thing as Individual." ity existing as a distinct principle of Mental opera tion 1 . - . , . , How nicely nature has adapted .means'to ends in every branch of her economy!. To the horse she bos given a nervous and Tnuaculpr system of the highest order of combination, arid a vital apparatus of surpassing generative power. How slender rind symmetrical the limbs,yef how cotnpacl the muscle and how iron-like the sinews. Look el lhb'dissect ed body and observe how broad the root of the mo tor nervous fibors, and- how abundant the substance held by physiologists to he the generatorof nervoos 'energy. Everything- Urat can contribute to blend speed, strength and endurance with availability, the horse, living or dissected exhibits in the greatest perfection. Thus, Nature teaches a plain, practical lesson, whose import man does not mistake. She fitted the ox of bone and brawn for purposes where strength, rather than speed is required. The sheep with its soft, warm fleece, that man may defy the narthwind. .The goat for the hardy mountaineer, and so an thro' the whole economy of nature we find the same nice adaptation of means to ends. Nor is man an exception to this 'rule, rep osilory as be is of such varied talent. Each individual is born into his or her sphere of usefulness, and there must the labor of each be performed, either in (he body or out of it. If each is made for a purpose, (and none but the atheist will deny it,) each must fulfil that mission somewhere. A knowledge of the laws of mental operation is all-essential in • deter mining our life-paths, and since we believe this, we cannot agree fully with a "Friend of Mnsic” in an other column that money expended in obtaining such knowledge is expended foolishly. A little reflection will wo think, convince most reasonable minds that the popular notion respecting spheres of action is a false one. For the sphere of every individual must be determined by his or her capacity. Fortune may help an inefficient man into a position beyond his capacity, still he resides in a lower sphere. The position is really just as far be yond him os ever. We shall return to this subject again. A Trip out of Town. —On to-day week we cut slid, and waiving rules, set our face northward de. lermined to take a peep'at York Stato-and the “rest of mankind.” Amused ourself “with grumbling and hearing others grumble about the tiresomeness of a journey of seventeen miles over a plank road, in a snug coach propelled at a brisk rate by fonr good horses. Grumbled, because it doesn’tlook very enterprising to seem satisfied with six miles an hoar in this fast age—suppose others did likewise. Ex changed coach for . can at Tioga, and wore soon whirling safely, if not swiftly, along the best rail road wc ever travelled. Arrived at Corning, and got into the sunshine of the welcoming smilo of Maj. Field, of the Dickinson House, whom we found overflowing with business, genial good bomor, quips, quiddities and oddities—as usual. To those who arc troubled with the “blues,” indigestion,(or hypochondriacal ills of every kind, we say, tarry with the Mojor for the space of a night and a day and if ho can’t set you right, “throw physio to tho dogs" and call in friend Thompson, tho Notary, Well, wc must avow it Corning is a right down smart place, as Sam Slick would say. Them is en terprise there, and rightly directed. On Uio whole, wo should rather like to live there if they would only lay a regular Pennsylvania lax to make it seem like home. Called on Dr. Pratt, of tbe Journal, gal acquaint ed in short meter, and pronounced him the owner of one of the largest hearts in America, brimming with humanilary feelings—yes, and running over.' Still think so, and shall remember our acquaintance with him with lusting pleasure.'- The kindness of the estimable family in the midst of which wo spent several plensah'l and profitable hours on Friday, will be remembered so long as we remember anything. Wo have placed that season on the credit side of the Ledger of Life." We shall remember our visit, and friendly recep tion with gratitude. The testimonials of friendship and interest so freely proffered by those of whose friendship we may be truly proud, are laid away in our heart-garner to sweeten whatever of bitterness there may he in the future. The Veto message. Gov. Pollock's Message, returning the bill to Incorporate the Bank of Pottstown with his objections, will be found in another column. It is a manly exposition of his views respecting banking privileges, and affords the best evidence that the upright Judge is merged in the Incorruptible Executive. There has been a host of bank bills thrust before the Legislaiure the pres ent session, and no fewer than eleven, passed on the 20th insh The Legislature, which is generally con ceded to be the most incorruptible ever convened at Harrisburg, seems to have gone crazy on the subject. A majority oi the member! seem to labor under (lie impression that banks create capital, when a mb incut’s reflection must satisfy any reasonable mortal that at moat they only concentrate it. They only form tbe little squads of capital into compact'bodies and, properly restricted, help to maintain the cirou luling mcdium in equilibrium. Charters for banka have been granted to tittle villages at cross roads in thinly settled districts, where a bank is as necessary as a filth wheel to a coach. Wellsboro’ might have been blessed with one had Die good people only ad vertised in season, and with a greater show of ne cessity than in two-thirds of those places that sue. ceeded in. their applications. As banks da not create capital but only concen trate it, and as every book is permitted to issue notes exceeding its capital so that a fictitious capital ia represented as a real one,- the result of this increase of banks will be an undue inflation of the currency. This inflation will resalt in disaster sooner or later. Tbe repntalioa of our banks at home and abroad, is nothing to brag .of now ; and the tendency, of the recent batch of new banks js to still-further de press their credit, We sincerely hope that the Gov ernor will interpose the Executive veto between the horde of hungry capitalists now besieging the Leg. islaturo, and the, public interests. If he continue firm in the position he occupies in the message' re ferred to, all' will be well. .t- , , - Fir*! —Oar village waa ; alarmed by. lbo cry of fire and the ringing of lha fire-bell at about'lo o’cl'k on Sunday night; ' Thewindwas blowing a hatch cane at (he (ime, and tfie utter impossibility otsuh duing a fire under any headway, presented itself to. every mind. The fire caught ra the .roof of Mr.J; R. Bowen’* Storo and wu luckily diacovercd just •» U h&st throng!! the roof, and promptly ,.o\ ~ " |Ber wsni,^jfinything like a fire orgfaitjfJ tion inhibit village isj not only unaccountable brit shame ftil in tbec&lrenuL. If tire people areincapiw ble of moving ia such an enterprise without being 'StirrtUf4tt3’‘by"jQ^>'gVeat''eatimTly^letit:Klsoaiu anlil the flapesofsomo oonflagration have loosened limit pufse,slangs,, . Musl .tliis proto, ihe case in Wcilsrioro’)* ' ■ Wo triow of six-lnch cylinder englrie of kindi which- wo thlplp can bepur chased for 9400. its first cost was 9800. With doublemnnncd'ancT aided By a hook arid ladder Company, any cominon fire inavilk'golika Ibis might bo perfectly controlfedi' There Ik con stant danger of an.extensive firehere,’built,os the' town is almost entirely of wood. Yet wereratiooal men ever so apathetic asjare oor citizens? ■ . Cilizeps] calLa< mooting, immodinlely-ond take measurlPtpi protect our propriety agaipat the ravages of this terrible destructive agent.’ It is never too soon to begia Who will move 'ip this matter? .' * Wo OnJersland . that thoro was an alarm of fire up town early in the same evening. It was extin. guisfaed without damage. 03* A correspondent in the Eagle is trying hard to gets little notoriety by abusing Judge Willnot. His mothershould take him home and read him the admirable little fable of.the Dog and the Moon. It hits admirably in bis case. It'might be well for' him to study Mrs. Opie's. excellent treatise on .fib bing, also. We think he would recognize himself generally anywhere in the book. The Soboolbastke Abroad.— The following rich specimen of epistolary talent and orthography was received by a friend during his winter school .term, from one of tho directors of the school. As the said director lives nut more than a hundred miles from Wellsfioro, we would suggest that our excellent Co. SupT take his 'case into consideration. Here is a true copy of the document: ,"mr the sum that yon sahariet shal set down or you will punish hir i sa she cant nor she ncdenl try and you had orto halve more common sence thin to think she can and i advise you as a friend to not punish hir for any thing she cant do and by su doing you ma save truble ifnot.oost,” (signed) We suppress names for obvious reasons. Reported for the Agitator, musical Convention. A musical convention was held at Troy, Bradford county, commencing on the 20ih nil., end continuing until the 23d, under the direction of Prof. VV. B. Bradbury of N, Y. A large concourse of singers from Bradford, Lycoming and Tioga counties were in at tendance, and a general spirit of harmony and good feeling seemed to prevade all ihe exercises. A concert was held on Thursday night Ihe 22d and another on Friday night the 23d, tho attendance was large, and. the performance highly satisfactory. Of these musical conventions or festivals, as a means of correcting errors and cultivating a finer taste generally, and in devotional singing in particular, we can not speak too highly. A series of spirited resolutions was adopted by ihe convention, among which are the follow ing.: Resolved , That as a means of elevating the standard of vocal music among us, wo moat heartily approve of these public gather ings, having in view the more general diffu sion of a knowledge o I the science of music, which can only be accomplished by the aid of competent instructors. Resolved, That we extend our thanks to Prof. W. B. Bradbury, for his timely and ef ficient aid in correcting and improving the practice of vocal music in our community , and particularly do we sympathize with him in his efforts to harmonize congregational and choir singing. Resolvkd, That we tender oilr thank's to the “Mendelssohn Quartette Club,” for their presence at this time, as the beauty style ond harmony of (heir performance has added much to the interest of this convention. By Ihe way, we lake pleasure in announ cing that the “Mendlessohn Quartette Club" will pay us a visit in a few days, and give a public concert by invitation. Due notice will be given of ihe lime and place. Having wisely spent some six hundred dollars for lec tures this'winler, and foolishly laid out two or three hundred more for having our heads felt of, we may certainly afford to pay twenty five cents for an entertainment that shall gra tify the taste, please the ear and inspire- the soul. A Fkibno op Mcsio. ' The Ohio Know-Somethings, From the Pilleburg Dully Gazette, • Editobs Gazette : In answer to nume rous inquiries from your State touching the new Qrder of Know-somethings, iho Grand Council has directed that the plajfrom of the -Order, with certain explanations and direc tions, he made public. The fundamental ob ject of the. Order is, to induce “Sam" to discard bis alliance with Slaveholders and put his trust ia Freedom, to purge bis plat form of proscription of , Protestant adopted citizens,’and to make opposition to the despot ism of Slavery as prominent as that to Pop ery. Will you please insert the above and the following in the Daily and Weekly editions of your paper? Sam’s Nephew. - Platform of Principles of tho Know Somethings. Ist. Opposition to all forms of tyranny over the mind and body of man. 2d. Neither Nature, nolr the Constitution of our Couni ry, recognizes- tbe right of man to property in man. • 3d. Principles and $ characler—not births place—are the true standard of qualification for citizenship, . 4th. No adherent of any Foreign power, either political or. politico-ecclesiastic, should Ineligible to naturalization. bill. There should be neither Slavery nor, involuntary servitude, except for (he punish* /meat of crime, in any of the Territories, nor should any more Sieve Stales be added to the Union. . - - ! 6l(t- Candidates for political offices, should 'Bp men of'undoubled integrity and sobriety; nh v d’known to be in favor of, resisting, by .all lavyful and cbnstiiuiibnaj means," theaggress ions of Popery and Slavery, 1 1 . , 7ih. The people are lho’rightful sourceof political power, and all officers should, as far as practicable, be chosen by t direct Vote of the People; 1 " hella' „ BE Of TltiEj oovericobT sjsilhhia checiumt, the bill to In ‘vtite the. Bfqek oft Pottstown.. If aa; Esßctmve Chamber, ) March, 23df 1855, J fenaiit aiiii Pousi cjf reiehiaiitii ; ■' “Ml y. niEN'trjl: return to the House of.Representalives, in*which it otigi hatcd, Bill "No? 276 j eniiite'i i< Ati'Act aulHor iziog ihe.iacbrp'ortaron of; the 1 Batfk'of Pults .Jown,lVwuh>.iny* objections .to .the same.— Should the .number of banks and the amount of. banking capital in the Staid- beracfeased ? and if bq', to what extent, what, local ties^aretquestions that deserve andahould re ceive ,a careful and candid consideration.; If local and personal interests are .permitted, to .determine, these questions, the answer will be fo,uhd.in .the unpsual and extraordinary num .Mr of' applications for bank charters now pen ding the, Legislature, , .' ... Bui the numbqr.of) applications is np just criterion byf.whiplj ,Ip determine either the wishesor the wants of the community in this regard. Their number, and the pertinacity will} ’which they are presented, have startled andolprined the public mind; nor has the fa vorable action of the 'Legislature in, granting these demands, served' ip allay, the apprehen sions and fears thus excited. .The policy of the past few years moy have been too severe ly and unnecessarily restrictive; yet this pol icy should. be preserved, rather than abandon the Stale and the interest of her people, to the'destruciiye influences of a wild and reck less system of banks and banking. That some increase of banking capital is necessary in cerfaio localities within this Commonwealth, will not be denied ; that a large increase is not demanded, either by public sentiment, or the public weal, is a truth equally undenia ble. • In the creation of banks, a sound and honest discrimination, as to number, locality, and the demands of trade should be exer cised. Their npmber should be determined, more by the actual wants of legitimate trade, than by thewild fancies.of stock jobbers and, rosh speculators. The sudden and unnecessary expansion of the currency should be avoided j and whatever lends to produce such a result ought to be discountenanced, and if possible, prevented. Tho history of banking, in out own and other Stales, is full of useful lessons on this subject. Experience should teach us wisdom; and our present and future action, in relation |o banks and banking, should be regulated and controlled by her teachings.— The advantages to be derived from an in creased, number of banks, are more fancied than real. It is*an error to suppose that an increase of banking capital adgs. to the actual capital of the State qr nation. jßanking capi tal previously existing, rendered more efficient, perhaps, but not more useful by such aggre gation, and the special privileges conferred by the act of incorporation. Circulation is not capital, nor does it in crease or represenUcapilal. As the represen tative of credit, based upon the ability of the bank to redeem its promises, it becomes, when properly limited, a useful auxiliary to trade and commerce—when unlimited and excess ive, it not holy ceases to be useful, but be comes dangerous and destructive to the finan cial and industrial interests of the people.— Without ap increase of banks, and the facil ities they dfford, the commercial and industri al interests; of the country would suffer no se rious reverse. Inconvenience might be expe rienced, and the more rapid, and Tor that rea son, the more dangerous progress of business arrested. But this is preferable to the con comitant evils of an inflated currency ; over trading, rash speculation, and a depreciated currency, always terminating in bankruptcy and ruin. That such would be the result, if the numerous banks now before the Legisla ture should be chartered, cannot be seriously doubled’ Personal and private interests may magnify the importance and necessity of in corporating these banks, but no considera tions of public policy or interest could justify their creation. Such financial, policy would be nothing less than financial madness and folly. In population, wealh, trade and commerce, our progress during the past ten years has been rapid and unprecedented. Our mining, manufacturing and in duslrial interests have been largely and permanently developed, and are now in progress of more ample develop. Dient; and yet during this period, the ad ditions to our banking capital have been al most nominal, hearing no appreciable propor tion to the immense increase of the great in* terests' already enumerated. These facts demonstrate and establish tbe truth, that al though banking facilities may and do aid the business of a country, their increase is not indispensably necessary to its progress and rapid development. But greater facilities might secure greater results, and therefore it is freely admitted, that although such facilities arc not’ absolute ly necessary, yet they are important, and as aids to legitimate business, under proper lim. nations and restrictions, should be afforded. A moderate rale and reasonable increase of banking capital, judiciously distributed, might be useful to tho increased and inqreasing trade and commerce of the State; but under no circumstances can an extravagant and un necessary increase be justified or. defended. Local and personal considerations may secure the passage of numerous acts incorporating banks, hot demanded by the business wants of the community, but such legislation cannot be sanctioned by public policy or sustained by public sentiment. The financial and commercial embarrass ment from which Ihe country is, now slowly rpcpvering,. requires cautious and prudent .legislation, and demands, that the actual and real wants of. business should be regarded, and the true interests of iho people consulted. A sudden and excessive inflation of the_ cur rency by the creation of numerous banks, might miligald add temporarily remove ihe evils ire now suffer, but in the end, would reproduce add, aggravate them. The remedy is more to he drepded man the. disease, and its consequences' often limes more' fatal apd destructive. *, ~, , Bank accotbodatiOns are, and ever must 'bo,.an Increase and unreliable basis .of legit imate business. When every jhing is pros perous and ippney abundant,,accommodations are fr ely proffered and loans easily secured. In a meonetary crisis, and id iho.hourof great. esl need, thp'borrOwet fiddrhis accommoda lions withheld—hia-papet;-,xejecledi and bis creditotythft.bank, demjCdiogpaymem of hia liabilities. The bpokpilhselWefeifce, in sea. sons of prdtMre, «n?compelled thus -to act to prevent suspension tmdlheir owri ruin, b this lifejlh'S debtor must fiVat fall public and privateinteresis suffer and a gen’ eralderangtmpnlof .JtPWeW jftnd.tho curren cy, inevitably follpfe,,.-! ~.y ' AB AvWnedy’for ?!hard iinjeal’.andas reg. ulalors of banks have, signally [ al 3 . w 'lw»ulate4By,sfein .of revenue by the Natipnal Government, protecting na. tional industry,. and encouraging jhn enter prise of the Ameticaa people, restraining the & now.ruinouslylarge importation* of foreigh products .and.raerchamW secu ring the couhtry against .the. exhausting drain of the prectops metals, gold and silver, io pav for products manufactured abroad which we should and 1 epufd and cheaper at home,—such ajsyatem is p belter regulator of the currency, aqd p ipore pertain remedy for .financial distress and commercial evils t h arra Hi he; barn kSoft h is or .othoy States’ thajl Sre'-noW pr rimy ije established iby jegis- Ifttive enactment. These'principles require no elaboiation. Their truth iwgenerally admitted- Their application to particnlar cases presents a question of more difficult determination, , Discriminations may bO'odidiis; but ih view of the action of the Legislature, on the subject of the incorporation of. new banka, they be come important aqd necessary.. In the dis charge of my official duly in the, premises, [ may err in judgment, but will shrink from no responsibility. ■ Having, on the day of my induction into office, declared that “I would sot refuse to sanction the incorporation of new banks, when indispensably necessary, and clearly deman ded by the actual business wants and inter ests of the community in which! they may be located,” the question now presents itself, is the bank proposed to be established by this bill, necessary and clearly demanded by the actual business wants and interests of that community 1 In determining this question, the locality itself—its existing banking facil ities—its proximity to other banks, and to the great marts of trade—the means of com munication—the amount, value and charac ter of its trade and business, and other atten dant circumstances, should be considered.— Prom a careful examioaton of all these, and with proper reference to private and public interests I cannot discover the necessity that requires, or the wapts or interests of the com munity. that clearly demand, the creation of this bank. Feelings of regard for those who desire the passage of this bill would prompt its appro val. Considerations of public interest, and the.stern demands of official duty, require me to withhold my signature. JAMES POLLOCK. Pennsylvania Legislature. Saturday, March 24, 1855. Senate amendments to the supplement to the Cash Mutual lire insurance company, were taken up and concurred in, as follows; —Yeas 33, nays 29. ' Houss — REPORTS OP COMMITTEES. Mr. Chamberlin, (Judiciary,) reported a bill relative to proceedings of landlords, leasers and purchasers at coroners’ and sheriffs’ sales, &e. Mr. Avery, (Corporations,) a supplement to the charter of the Honesdale water com pany. Mr. Baldwin, (same) a bill to incorporate the Quaker City fire and marine insurance company ; also, a bill to reduce and regulate the tolls on the Spruce. Creek and Philltps burg turnpike road j also a bill to incorpor ate the American academy of music; also, a supplement to ihe charter-of the White Deer bridge company ; also, a bill to incorporate the Union. Hall association, of Middletown : also, a bill to incorporate the East Liberty mutual fire insurance company ; also, a sup plement to the charter of Ihe Upper Lehigh navigation company ; also, a bill relating to corporations. Mr. Krepps, (New Counties,-) with a Peg alive recommendation, a bill to erect the new county of Monongnhela. Mr. King, (same) a bill to erect Tionesla county out. of parts of Venango and Cla rion. BILLS IN PLACE. Mr. Muse, to increase the' revenue of the Slate and equalize taxatibn ; also a supple ment to'the charter of the. Chanters Valley railroad company. Air. Alengle, a bill to authorize justices of the peace to grant letters of administration ; also, a bill relative to old bank notes. Mr. Sallade, for the more effectual protec tion of game, Mr. -Holcomb, to authorize a • public road along-the valley of Carbon creek,- Bradford county. Mr. Pennypacker, for the-better- protec tion of life in factories and schools in case of fire. Mr. Reese, (o authorize (he appointment of commissioners to lake acknowledgment of deeds and instruments of writing' under seali *. Mr. Wood, a suppliraenl to the act of 29ih April, 1844, to reduce the Slate debt, and incorporate the Pennsylvania railroad and canal company. Mr, Baldwin, a supplement to the charter of (he Weilshorough cemetery company; also,- et-bitl to regulate the .fee bill of aider men and justices of (he peace. Monoat, March 26. PETITIONS, •& C., FBESSNTED. Mr, Lane, a petition of fifty-five citizens of Butler county, for a new county to.be called Buffalo; also, one from sixty citizens of Butler county, for a repeal of the charter of the Butler and Freeport turnpike road com pany ; also, one from thirty,!wo citizens of Armstrong county, for a repeal of the school Jaw so far as relates to superintendent; also, one from citizens of Clarion and- Armstrong counties, for a State road from, the town of Clarion to the mouth of, Mahoning, Arm strong county. ~ Mr. Holcomb, two from citizens of Towan da and vicinity,, iq 'Bradford county, asking for an appropriation to repair the Towandm bridge, , . • • . ■ Mr. Ballade, two, from citizens qf Berks bounty, for tho repeal of the law creating