Star of tl)t Nortlj.
H. W. WEAVER, EDITOR.
Illoonmburi;, Wednesday, !Vnv. 11.
THE KliSdU'.
The noise anil confusion of the ever mem
orable campaign of 1866; llie shrieking fur
freedom of the Fremont orators ; the ground
less assumptions and barefaced assertions;
the false and slanderous assaults upon the
Democratic party ; and the universal twist
ing of every fact, in order to its defeat, are
of such recent occurrence that the most
careless observer of facts cannot plead ig
norance nor iorgelfulnesß
We shall not write the history of the black
Republican party, though that might be
done, for it is dead and buried; hut wo shall
beg leave to mention a few facts in the his
tory of iis rise and fall which we think per
tinent to the occasion.
That party has pretended to he tin- pc- ;
culiar and exclusive friend of the negro.
As such in the Tripeka Republican Free j
[State Constitution in Kansas, negroes were
absolutely excluded from the Territory or
State. As sueh, lowa a stato which Fro- 1
mont carried against Buchanan, by over
0000 votos, rejected that clause in its new >
constitution authorizing a negro to vieo, by j
about 10,000 majority. As such they rcn ;
the poor African oil from his Southern mas- j
tor, who would take care of him, and nun
him loose to steal and rot in the sinks and
slews of New York and Boston, or freeze I
amid tho suowsof Canada,and starve among :
his bosom friends the abolitionists.
Thus they practice—their preaching is j
known to the world.
One year ago their whole stock in irtulo j
was ''Weeding Kansas,'' ami what little of j
it remained oil hand was dusted oil' and
brushed up, for the last campaign. A nitin j
who held a Judge's commission ami who I
had rendered himself conspicuous and dis- I
graceful, was again called into the ring I
antl still clothed with the judicial ermine j
shrieked for freedom, the old rallying cry. j
But how determinedly and decidedly did
the people of Pennsylvania rebuke the arch 1
traitor, and judicial demagogue. Was it
not a glorious thing for the people to teach I
David Wilmot, and through him alt Freedom |
shriekers anil political Judges, that such nl
course is one not lit to lie takenTo put I
down quietly and without an eliort, at one |
101 l swoop by a tremendous majority, any
man who in violation of ilto constiiution
will keep up niggerism, and any Judge who
will dabble in Iho muddy waters of polities '
Aye, it is a thing to make a man thank (lot!
that ho is a Pennsylvania!!, and a Democrat. |
The Umpire State has been redeemed 1
gloriously. The scales have almost fallen
Item the eyes of abolitionized Ohio. lowa
is secured, and the young State el Minne
sota arrays herself on the ajile of the conn- ;
try, the constitution, and the Pemoerney.—
Kansas will bo a tree S ate. under the ad
ministration of James Buchanan, m spite
of the efforts of the Black Republicans to
the contrary; and under tl e strong mid con
servative rule of the Democracy, the occu
pation of the freedom slineker.- will soon be
entirely gone.
Ncoi we inoralixe upon Iho downfall ol
Black Republicanism, as certified by the re
cent elections ! To the people of the I' nited
States, tlte sudden destruction of that party
carries a lesson we trust they will never tor
get: nnd the calm and conservative position
of the democratic party is a monument of
their safety: 110 less than the snags of the
late Republican party are of the danger just
escaped.
The American Agriculturist.
This standard Agricultural >l. ml.iy is de
cidedly the best ami cheapest publication o(
ths kind now issued in this country It con
tains the oesi and simplest practical ttisTttc
tions in the various branches of farming and
Hardening, and cannot fail to be immensely
valuable to every one engaged in the culti
vation of the roil. Ii has recently been great
ly enlarged, and each number now contains
35 large quarto pages. A new volume com
mences with the January No , and all sub
scribers who semi in their namps during No
vember will receive the November and IV
cember numbers of this year gratis, and in
addition, three packager of valuable reeds -
Price only one dollar in advance Address
Orange Judd. ISO Water Street, New L otic
Amcricnu Horses in I rgl isd
Without being exactly in favor of here
racing, we confess to some httle chtgrin.
when at the few tirst races in England Mr
Ten Brooch's American horses were so bad
ly beaten. Since then however, he has re
trieved his fortunes. Prioress aher a very ex
citiug race won very handsomely . ar.d lately
his two year old '•Belle" won the cap at New
Market.
Mr. Ten Broeck will hardly establish the
superiority of the Amencau bred r..ce horse,
hut he has shewn thai with training, erer, in
ike eery, to us. s.ng-iar mode of racing in
vqgue in England, the Air.er.can horse .s b>
r.o means a couiemptihie adversary.
kz runt OK. —We learn, says trie Fcnruk
Gctrte. that the Locomotive Er.g.i e Robert
Hons, biew up at Hay.ietoo on rhe morning
of Tuesday last, kniing ih* Engineer and
Fireman. and bagiy eca/ding severa. bystan
ders. The body of the Fireman was blown
upoa the top of an adjoining house.
RtarcviL.—The post office in Berwick i as
beer, removed iron? Messrs Mr Merry & Ox
er.'a Store into the Office o: the - Br-vid
Gczcut. ' and Levi F Irvrn appr r,.ej Post
master, era John J. McHeory. resigned.
ty We urrdervar J that the Fcmat* and
ires ore land of San at' R Wood*., at Bed
Bank, Paurt toom><p have been s:i K tha
re: leaaax fox
MonKiiir County AHulrs.
I A town meeting was recently held at Dan
j ville to lake measures for building a market
I house, because the Merchants will not re-
J dtrcc lite price of provisions. This lias been
j a crying evil in many places. Laborers
i generally aro willing fo work for loss in
these hard times; hut then, too, they want
Ito buy for less. We know that in this vi-
I einity SlO per barrel for flour was extorted,
j for some time after the article bad (alien to
j S6 per barrel id I'hiltulelphia, and was sell-
I in!? at £7 60 in Willinmsport.
I Tho publication of tho Danville I'ltclliuca
j ccr is colli: titled by Mrs. Valentino fiestas
proprietress. Oscur C. Kepler is engaged
I as editor, and seems t" discharge bis duties (
j with ability.
' The Danville I'nor house lias proved too ,
Ismail for the great number of applicants, |
! and new buildings aro being creeled as ad
j diliotis.
j There are many depredations and thelts j
I committed by the persons thrown out of cm- j
ployment si! the Iron works.
lll. ackwood, lot October, lias been rereiv- j
ed from tho publishers, containing the usual 1
varioly ol interesting articles. Tho follow- |
ing is its table of contents: Wl.nl will lie do j
with it —By I'isastrutos Cuxton—l'art V; N'ew I
Seaside Studies —No. V. Jersey; Modern'
Light Literature —Society; Our llaginlngy:
Scenes of Clerical l.ife—No. 11l ; Janet's Re
pentance —I'art IV.; Beloorliu Trails : Teach-i
lllg find Training: A Dialogue; The It,mill- ;
ing Face: Front India; Tho Syrian Route to
lliu Mast.
Terms—nay men! la he matte in athninee.
For any one n| tho four Reviews $3 per an.
For any two " f> " i
For any lltrco " 7 " j
For all four of the Reviews
For Blackwood's Magazine, 3 "
For Blackwood and three Reviews !l "
For Blackwood and the 4 Reviews, 10 " i
Addre.-s Leonard Seoil & Co., 70 Fullou j
Street, New Yoik.
f #7" No class ol men have boon more id
fected by the llnancial trouble*, than the liq
uor dealers and lustnttrtmt keepers in our
largo cities. It seems men can govern their
appetites and quit their indulgences, when
their notes ato iti danger ol protest. Many
of 11.0 principal liquor urinous or. Broadway
arc about to b closed, the receipts being
daily considerably less t'liin the expenses.—
One saloon near the 81. Nicholas hotel, which
averaged SIOO per day in its receipts, does
not now take in b r >. and is advertised lor sale.
This fact proves that lire gentlemen can and
will trtreneh and that they have abandoned
habits that ore nt till times and under tiny
circumstance.-., expensive and pernicious.—
Tltey can thereinto appeal with geo.l grace
to the ladiestci economize.
Kvim sens r v 1 Ovritra.MllM!."—The l.n
•/em ■ I'.IIHII ol last week eanre to us wilt
nine column* ol closely punted Sheriff's
sales. A tew years ago every body rushed
to Luzerne count) to make the.r lomiuos in
coal lands, mi l almost every foot ol proper
ty contiguous to the Delaware, I ickawaiuu
and Bit outsliti'g Railroads was bough; up at
enormous prices, (on i edit ot eoutsej m !■<'
paid out of the proceeds ol the sales ol eo-il
that wisto be dug therefrom. The specula
tietl in ni. st ii stances has proved a taihire,
and now me Sheriff is reaping a harvest
Item the lolly e! the sprctilaMs
Ho! FOB TIIK Kitoi R —Twenty-live heads
of cabbage mysteriously disappeared some
time during the night, on Wednesday lav.
from the market wagon ot Mr. John Hole
in I'win s troei. He brought it tor his custom
ers. who iit'ii', t course, disappointed n.
their supply of kront. Ii seems ihat Mr. II
arrived at ike star d a few hours Ichiro the
opening o f the marke', which lie appropr.a
led to Inniseil by taking a short nap. iti the
wagon. While perfectly Dttconsoious, Iks
tluef slipped the cabbage from under hint
and. get ell sale' s with llis plunder
A . .eft on a iu.uv.n eh sea;.' was perpe
trated on the truck utnt el Mr. A M. or,
near the Kn a own read, above l! e Meant
Forge. Three hundred heads ei c.' '. age
were stolen, en Tuesday night last, and noth
ing has since been heaid of them —lin. .g
Llcttilt.
Oik EaThSvsuASi F.—Neihing can alT.ir.l At
a glance a clearer insight nio the ur iver-al
prevalence ot luxu-y in the Foiled States
than the tact that during the fiscal year end
ing June 3,1 ISoti. \v imported suit piece
goods to the amount ol §25,000 00t\ o.her
silk good* (to the value ct §6,017.116, laces
§1,001,610. embroideries §.4,064.333, ma
kg a .ogetliet or thirty-seven millions ol
Johars. These are the things which run
away with the wea.ih ol ttie country
A HxroMoncv SviTr—There is rrvhira
but specie in Arkansas, there being no banks
Taxes are paid in goto and stive- anil the
State pays nothing but tlte "hard" pvt. The
State Treasury is we I provided w h geld
and silver, having more than will keep the
Government two years
Attentki* Pc-tmvsTFfis —T r Pr-rras
ter Genet* t.s* recently decided that it Pes
masters donor fire publishes cf retvspa
pers r>c - ce wl er their papers rem a n in foe
Tost Offices without be• nsr taken out by the
subscriber, w xr.tr drr triers. tbey are .-able
for the pay.
l.r" The Rrecrorrf Tw- rr. :he hrmc or
gan of Mr Wi'raot, barely a-rsoonce* the
result of trie e ectior. without are comroer,!
The Rrpciirr succumbs without a mcrater
CFTae likbi f learner >on California Wises
a rv.nt.-r taa: it is the ir.ter.tion c: tba Nior
mor.s to go iteo me Russian r-ossetstor.s in
America wc-seJ :v me c cat re. with the
Luted S.a;e
LT T*>r Pndadetp: a and {lav
road was sotd in bmbwy at StierfTs eaSet
on tart M on,-lav s te \f Ireland Brothers
of Philadelphia who were iie sccoud mom
gage ht/iJere
KKIMII.ES or TEXAS-
We all remember the delightful deserip
I lions which early writers gave ol the terrilo- j
| ry comprised within lite limits of the stale i
jof Texas. lis health, salubrity and beauty!
may he till that poets delight to paint; hut (
on its magnificent plains, and in its illiinita- j
blc forests are animals, such as, toads and j
Irngs, ami "such small deer, 1 ' of which Gold- (
smith never dreamed in his animated Nature, j
! A late writer thus speaks of the reptiles of j
Texas:
! Tho cattle are not the whole occupants of j
I prairie, by any means. Droves of wild lior- j
! sea are not (infrequent,'and deerure in count
| less numbers. The small brown woll is quite
j common, and you occasionally get a glimpse
10l his large black brother. But Texas is the
paradise ol reptiles and creeping tilings, Hal
j lie and moccasin snakes are 100 nutnorous i
i ven to shake a stick at. The bite of tho for
mer is easily cured by drinking raw whiskey !
; liil it pruilueus intoxication: lint fur the lat- |
' tor then) is no cure. The tarantula is n picas- |
j ant institution to got into a quarrel with, lie !
' is a spider with a body about the sizo of a
lien's egg, ami Ids legs five or bfx inches
iong, utid covered with long, coarse black
hair. lie lies in raltle (tacks; and, if you j
see him, move out of his path, as his bito is j
absolutely certain death; and ho noser get.-
out ol any one's way. but can jump eight or i
ten feel to intliet bis deadly lute. Then >
there is the centipede, furnished with an itn
limited number of logs, each leg fonried with |
a claw, and each claw inflicting a separate
wound. It he walks over you at night you 1
will have cause to remember him lor mouths t
to come, us the wound is ofn paiuoulady !
poisonous nature, and is very ditlieult to lieul. I
Tho slinging lizard is a les-cr evil, tin sen- '
satiou ol its wound being likened to tin' up- 1
plication of a red hot iron to the perron : but
one is to thankful to escape with life to con
sider these lesser evils annoyances. But the
insects! flying, creeping, running, digging,
buzzing, stinging, they arc everywhere. Ak ,
for a cup of water, and tliete the rejoinder j 1
n enr camp is, 'Will you have it with a bag
or without it V The horued Irog is one of
the greatest curiosities here, and is perfectly
liurtnlosß, It has none of the cold, slimy
qualities of Ins northern brother, but is lie
quei.tly made a pel 01. Chameleons are in
nnmoj.tblo, darling over the prairie with in
conceivable swillnoss, and undergoing their
peculiar change ol color ol the object under
which tlioy may be. Tho woods on the
banks of tho bayous are perfectly alive with
mocking bird-, most boaiitilu', and loailieroit
game is abundant and very lame, ar.d is
scarcely ever sought alter. The only varie
ties ;lint 1 have seen aro quails, pnrlriges,
snipe, mallard, plover and prairie liens.''
A t'nsc u ruler ilie New May Law.
An important and interesting question \vu
presented to the District Court of Philadel
phia. (in Saturday morning, arising under the
reeeat Act ol l!hh October, 1*57, allowing a
stav of i vootrion tor one year.
1 . M iv, tth")7, J din Sidney Jones confess,
ed a jad -mem in tavcr ot Haegor'y N- Co .
tor f'MOO, to secure tlio payment of 11.ree
ptomisso'v notes of qStio, on condition dat
if any one of thetn should nui'ttre and t e un
paid the plain lis sb.en'd have cvvif'ot; t r
the whoVr amoimt of their debt. On the Id h
of October. lfo7. the day the new Act be
came a law, itie ti-si note became due a I
was tot paid. On the t lt!i iff Oe; . 'f. the
plaintiffs isiie.l n't eve.",it on (or the w! • e
an.i ft : ol the claim, and the d fetn'e : c w
comes Ii to Court a. d a-l.* a stay of r xeeit
lien tor one year from this time
Judge Parsons, on behalf et the 'enda"t
offered to show that the detond.cu was the
owner in lee of certain real est.re. worth be
yond ail incumbrance*, the amount of the
j-idgme' r
David Webster F-q . for plait tiff-. oS-ml
ml to the rig! '. o( the defendant to t ave a
lit r her s iv. and contended
1 -•. Thai lhe rttisrn eel on which die jn
lr-et.' was eontessed, provide I that nn eve
eution m gh: issue, if any one of the notes
remained utipar.R that it's was a contract
between lite pain?* and that the recent act
cii ing the detenJant a stay bevot: I the pe
riod contracted far violated the fO:Ja -petion
of article tst iff the Conatlttitfou ol the I" S
Mr Wei -:er argued rhis poh" at g'e,\t length
and referred to numerous deeisioes. among
which were Brensor ts K-rzte. I Howard.
Sap Court Rep flb McCrtekeo w M.v
ward. - Howard: tlrantlev's Lessees. 3 How
a-d. F.berle vs. Cunningham. 3 Wharton;
Western Savings Fund vs The City Law
Journal
SI. That the defendant's ease earns with
in the exceptions contained in the act of t?th
of October,
3d That the defendant had. already lad his
May of execution nnder his agreenie: t and
cotitd r u get a further stav.
4:! v Th*t the agreement amounted to a
waiver of the new stay, as it con aiaed an
express s iprbt icn that the r.vrmion rr. ght
be -ssue.l i: any one c( the ro'ps remained
unpaid.
Judge Parsons. in rep!v. argued that the
8.t.-rerre Court ot Pennsylvania, it 5 Wav*
ard Sera, bad affirmed We constitutional. >
,-f <. g y Law ef i>i?. ard that the ar of
IbiT was equally consuin'.ior.uL a* it sated
roi on the righ s eff pir'ies. but on the reme
dies.
]': e Coon dee'Jed that the delendar: war
not enti.led to stay of execution.
Maiyinml Kite!lon.
BALTIMORE. NOV. i. — luere has been much
disturbance at most of the pois doling the
d*r. hot no serines outbreak". The spec.a.
trance meats for the day waa of no avail,
except, pertiay* <o prevent grors ouraies.—
Tre *(>* oi naitrai zed ci uzeae, H is as
seres on aw hands, were to a g>eat exiear
esclcoed. fciwi many persons were oeaten.—
T:.e rnaji i!y 01 rhe Americas party wu.
prot>a&iy De rrca serea 10 len icccsacd in
ifce cay. K4aras Kirs in elowiy, and are
unofiir.a 1
!tw Jersey Election.
Tstxroa. No*. 4.—J: is e.sscedei tnat the
eiec.ion 1 lie Mars pnrtiy ha* resulted in
she f'smooi'i carryirs Una tTancrre* oi be
LsiMntre.
The Curslloo Muted.
The following it from the speech of Mr.
; Buchanan, clelive.ec.l in lite Senate, March
1854, upon the N'tbrasljn Kansas question :
'•Tile people o; Deltas) Ivoiliu have, from
( ilia earliest times had the unquestioned right
j of establishing rr prohibiting among them
; selves the iustiiunnu of slavery. Tney per
-1 ruitied and legalized it so long as they
: thought proper, u<! when the time arrived
[ that it was expedient and right to eradicate
: it, they did so trillion! dictation from any (or-
I eigh authority. Neither the British crown.
I the continental Congress, or the government
of the. United Status, ever spoke to Penn
sylvania in the tone of command upon this
subject. We decided for ourselves, as the
best judge of i ur own interests and well,ire,
ami tvo could have justly spurned any in
junction issued from an alien authority. All
t'lu northern Slates of the old thirteen who
participated in the Revolution and won their
liberties by the power ol force, enjoyed the
sftino exclusive jurisdiction over the same
ipiestion. This principle of local control
ami legislation is as prominently stamped
upon tlio political policy of the northern
Slates as any of which history holds the ro
cord. Pennsylvania, for good reasons, foun
ded in policy and principle, abolished, in
1780, Iho institution of slavery within her
bolder.*; and she did this in a manner as just
as it was beneficent and salutary. Not promp
ted by the blind, vncalculating spirit of mod
ern abolitionism, shn accomplished the work
gradually, and under conditions as little op-
pmssivo us possible upon individual rights
and existing arrangements. !s there any
sclul objection a gainst extending lo the poo.
pit! of Nebraska llip sarr.o rights wliieli we
have enjoyed and exercised! Am topttbli
can principles to be varied by locniion and
geography, so lli.il wind is right alone die
waters of llie Susquehanna siuill be coiisitl
eietl criminal upon die prairies of lite I ir
west, and at die bae of (lie lineky tnmin
tains 1 Can Massachusetts, or New York,
or Maryland, deny lo llieir people who Intve
gone westward, lignts which have been nei
ther denied or questioned in die Status Irom
which ihey emigrated !
What spinl ol evil is libs which rises up
in our mills - , en I invokes its to a umk ol
outrage and wrong! Have the republican
citizens of t ie Territories no tight 10 com
plain that the general governn. it should at
tempt to iTcnile their institutions, and de
prive ihciii ol a jurisdiction over their own
concerns which lias been enjoyed by the
olden Stales of the I'nion! They have ics
rueJ, and are rescuing, the region in which
tliey hate set led. front its desert condition,
and have made, and are making it, lit for
the I abitation of civilized mm. The forests
have fallen before them; ihe savage has re
tired as they l ave advanced; ihrv have sub
jected alike prairie, mountain, and valley,
to the dominion ol labor ami industry, and
have swollen the wealth and extended the
limits of the republic. And sha'i they have
1.1 lights except such as urn doled out to
them Irom a vernment loea e.l at the ri'.y
of \Y... ng o i ' Shall their laws be Iraiued
,'iiiil itmnut'vl upon •.!.*>;.- I v irpr^oi.'rtlivi
o! II nt-.erd, llosion. and Pal imoic ! or shall
thev. fiee com congressional intoiferei ee—
iree from iho diet.-, cool reproseniaiives they
have i i i nico in e eercig—hn; e their own
insii.idioas and the laws tinder which Ihey
a*e to I ve
"We w uld rose in lVnnsx Ivama, lo the
tv."o-l. any err htneni <f the federal
government open . i.r i it and reserved
ligYs A d why sin ..1.1 we, t' erefore as
sis. it; extending t . o,gii ->i.iiial intcrfe'ciee
into the Territories el die Union. Tho hum-
I'ie emigrant xvl.o goes out from amongst lis,
onr relu'ivo, no:_' ,-r ft'.on ' —should car
rv xvi.h him, to li s l ew home in the west,
the same republican principles, which prevail
in the locality from which ho emigrates.—
There is to reason why lie should forleii any
of his rights s an American citizen, by a
iomcv.ll into lie Territories—the common
proMftf oi d-e United States. Sir. when
ih'J principle of local power squares exactly
xvi'.h iho national interests, in removing tho
question of shivery from tho field of Con
gressional . rbar. and secures the peace and
harmony ol the States in their rela'ioa to
each other, thai man mm t have I a ) motivis,
or :r..t be greatly or grossly mistaken, who
would oppose its adoption."
Fi cm 'he Public Lc igc>
MAS THIS PANIC COM IS WITHOUT WABKINC..
—Kverv body complains that these hard
times hive taken them otT ttieir guard, ta
ken ihem at unawares. Had they only
known what v as coming three month before,
they would have been ready and not have
sutferej. but this limt the yrasuri has come
without wan. ie.g.
To (his, the easiest reply is that if every
one had been on h'.sgttaid, the panic would
no. have occurred at ai,. Tne disease thai
carr.cs a man lo the grave never seems se
rious uutii ico late, ora'lf. rt medicine or
precaution might have saved him. So there
would have been no undue expansion, and
therefore no coiiaps, it people had only been
on their guard. It is Jnsircuuusi the oldest and
most experienced financiers ud wholesale
can a lists were complete y a fault tit toeir
ex petal ions tat, these hard tunes t.ave come.
The great question then i, ate there no
warn, gs by which this cr es tr. ght be lere
seen by men o! sagacity I Was the expeii
e.noe of 15-3T nothing! T. reminds us of ihe
• story of death promising a yoocg man three
Miliic e i warnings before he came again to
ietcn him away. As he g r ew t-.J, he be
came deaf, then his eyes failed.him,
: v then he grew lame, and cculd only *
in ti.s e*sy cr.a.r. But he toutd eat and
dtirk aau s*ep aao laugh, until one day
beaut ci.ea r.J told him he had come
lor utra. he MI complained that Death
bad net is h ,ed his promise, and said thai
be vras the rco-s unprepared that his hesr
i.g am) si.-:., oad ut'ess him,and thai he was
no. able get About so as to pick up the
news oi i/ravh *. appToscc Of course the
man - .or v ciedojl of his own mouth.
The larrt- ness and loss of sight aud Lear.ng
were ti ? urea .-uak.e... p*i ig* t be M ■
iy so cT.i -nitftsj ihem.
Now just ih us with these panic* Tt.ey
hue C-isn Jifiieieitt waitings, ai. of which
have been laid down in works of political
economy, lime nd again.
For instance we have had large issues of
paper money ami high prices. 11l his pnlili
; cal Economy, p. 208, Ur. Woyland has said,
j "large issues and high prices create ol ueces- j
sity mercantile distress and stagnation ol
| business." Could anything more exactly
I have described ottrtimesol late? l'aperhos
| been periled into circulation by all sorts of
i expedients. Hank notes from the Eastern j
J State- have been scut out West on purpose '
j that they might be a long lime before they j
could reach home (or redemption, fhill lur j
ger stuns have been loaned lo railroad j
and oilier companies, on the express conili- j
linn that they should liot be put into droit- j
lation, except in the Wee', sod then tlicy j
have been taken at once to the brokers in j
New York.
f.ouk tit the New Yotk Hanking capital, j
how it had grown within a lew years And
' at) it has been all over the country. Now
, here was in itself a full and suflicieut, warn
ing, and the question is, why did liol the
knowing ones see it! Simply because it j
eiinio on ihotn by degrees, us deafness comes i
on the old man, cr the in activity that, by ta
king away bis powers ol exercise, makes (
him look only the fuller in the face until
stricken down by applexy. Every one said, j
it is true, prices aro getting higher and high- i
; or, but it is caused, not by cxtentioi. ol pa- ;
per, but by the inllux ol gold. Or it iht-y
examined and satisfied then.selves that there j
were large issues ol paper money, and that
serious times were coming, tlioy looked for
them only f>r ahead, an I made sure that!
things would remain all tight till they had
realized from this ami that speculation
Hut then this very inllux of gold was in
itself also a warning te o wise nine, l.ook
at the times when gold has increased rapid- 1
ly in any country, and it will be found thai
ii always has produced immense mercantile
llucltiu.ions. I'llio* i- well known, and ex
pressly laid down in Wayland's Political
Economy. The reason is plain. Tito influx
it gold, causes a great rise ill other property, '
because gold is made cheaper It makes it
easier, therefore, to pay debts. Hence every
bodv in. lies to pay property on credit, be
cause it fs sure to become dearer, and the
moitev cheaper, ami they strain that credit
till it snaps. 1 lenee, with u rising tide of gold
coming into a country, speculation is sine to!
life and panic to billow, and depressions and
fluctuations ol all kinds. How then were the
eapitali-.is deceived? They know it was
coming, but they thought r.ntyit. Reside*,
in ISM, there was tightness and a sort ol
panic in New Yotk, but it passed away.
Every one supposed that tilings had been
probed to the bottom then, and it bad been
shown that there was nothing unhealthy or
speculative in the movement. Hence they
argued that it nil those Western if vestment
were not bubbles, they would go n t-> them
further. And further they went, especially in
Western lands.
The disproportionate and enormous Invest
ment of capital lit real estate MIC'I tt-- lee !*
and costly houses, most of whit h w ere un
productive. was another s-gn equally, certain
>f ti coming panic, l-'or most ot it w is dune
on credit, and capital was thus locked up.
Here, then, where tin - sr.iii-, it warn
ings, vet none hoe,leal them. Niw the ques
tion i*. to what event 'he satin* causes have
been operating iti E third In Fn-ee we
know ihey have, 1 y the high price MISS l a :
reached, and iho costly buddings in Pa: s.
Whatever they have, and in the same ,re
poiiion, this panic will be felt.
From the Liw.catter I'ltd'inn.eet
Tin: i MICIFF nr.mii G-
The small fry among our j 'oital *p-.v.
items continue to attribute the preset i mon
etary embarrassment of ihu cout.uy io w at
thev term the "Free Prude t.-iu-y ol the
Democratic party.'' They tried to coax the
people or Pennsylvania, by preaching this
doctrine, netviihlianding David Wrlni■ >i was
one ol iho II.OSI ulna lice trade m*n in Con
gtess in 1848, and voted ir, lev or of the
ni'itl bid of that year and pgvrst the pot lilt
of 1842 Hat the people ol Pennsylvania
had experienced too mauy ve.us of profitable
labor Milder the lariil ot 1846 and could not
bo made to put faith in vvliat the opposition
press sanl upon the subject Protection. It
. itie opposition parties were s.acore ia their
advocacy of a Protective Far ill" why did li.cy
tionu ate David Wilroo", a renegade free
, trade Democrat!
The whole hue and cry about Protection
jest now is made by the opposition t-* sliie!!
the Banks and speculators, and to mislead
the people.
It cannot be possible, says the Delaware
Gazette, that the B.ack Republican and Know
Nothing papers have forgotten that the last
Congress was controlled by men opposed to
the Democratic party. Do they not know
that Lewis P. Campbell, one of the Black
Republican leader* to the last Rack Repub
lic.it. K :ow Nothing House of Representa
tives—the second of Buriingame, of ' meet
me at l'*e Ciifton House" memory,—was the
Chairman of the Committee on Ways and
Meat s?—Have thy forgotten that this r.oto
r.ous member of their party, (Mr. Campbell,)
introduced a bill which reduced the duties on
goods coming into the l"m;ed Males below
those of the act of 1546. The taritl t-iii of
1846 was tepealed by the Black Republican
House o! Representatives, aud the substitute
for that act approached nearer the free trade
standard, and went into operation with the
sanction of the opposition press, on the Ist
of July last
The taritl of 1540 was t.oi in operation a
. . ail. when the present embarrassment of the
country commenced, it titJ been a dead
I letter tor three month.
it is ttue that a large amount of goods had
I been bought cod WAREHOUSED unJei the tar-
I ttf of 1846; but these purchases had been
t mads with a view of securing large profits
by entering them under the lower duties ol
the new tariff,
r It is alcr.niiate, we might say Providential
C c.rcurr.stanc-E. that the Democratic party will
. be once more in the ascendency in the NA
* t.onai Congress ia December Dex It is tht
• only party that the ccuutry has eve
been abie to look to lor redress IU t.INOI u
ttoub>E — and lo it will the people IR-ok to ef
a i fee' a more solid basis for the currency
From the Daily Pcimsyloauinn.
ShocUitiK Hnrili'fiUri'M ol hr 31lirilre
I.'xciicmi'iit—liujnrxi liy tlin Coroner Ate-
About twenty minutes past 5 o'clock vet
lenlay afternoon, one of the most shochin
and fatal tragedies which it has ever bee
' otir lot to record was perpetrated at the S
| Lawrence Hotel, on the south side ol diet
nut street, between 10th and 11 til struets-
As lar as we can learn the facts, it appeal
that Mr. Richard Carter, the President of lit
Anthracite Hank of Tatttatjun, Schuylkill iv
arrived in the city and look up his quarters h
the above hotel yesterday. A few days pre
vions to litis a young rrtstt, who gave hi
name as Thomas Washington Smith, arrive
to m from the South and put up at Madisoi
House. At the ahove hour yesterday after
noon Carter and Smith were observed sittinj
upon a sola in the corner of lite parlor trout
ingot: Chesimt ettccl. There was nothinj
exciting itt their manner, and the casual olt
server would have supposed that they wen
engaged in the most liiendly conversation.—
They occupied their scats for a eonsiderablt
length of lime, when Smith drew from hit
pocket a Colt's revolver. Both parties arost
from their seals, when the former common
cod firing upon the latter. At the third dis
charge Carter fell fatally wounded, but Smitl
fired two more loads into the body of (hi
■■ ontided man xvhi'c lying prostrate upon tin
floor. Tito sudden and rapid discbrage o
the revolver nn'itrnlly attracted to the rootr
almost ever one in the house, and (or a whili
the place was the scene of the wildest ex
eitemenl. The appearance of the dying mat
up(i.l the flour, in a pool of h!btul, and tin
coolness of the murderer who quietly walker
off, and the terror which Was depicted on cv
crv countenance itt the renin was a seeni
well calculated to chill the blood and strike
tenor to the hearts of the spectators.
The wounded man died in a few mninottt
ami was conveyed to his room in He nppoi
part of the building. The vital spnik had
tied before the body was picked tip. Official
Albright, of the Reserve corps, who Imp
petted to be ill the vicinity at the time, took
tsiuiih to the Central I'oliee Station, where
ho appeared perfectly uool and collected.
The officer sentehe I the prisoner and fouin 1
upon his person a handsome six barrelled
icvolver and an enormous bowie knife. l-'n-i'
barrels of the revolver had been discharged
the oilier one soil heavily loaded with a ball
The knife was about two lest in length ink
the blade about two and a quarter inches ir
breadth It was enclosed iti a red leathei
ease, upon which was inscribed in black ink
"Thomas Washington Smith. It- Row's Re
View. N O . Washington, IV ('
At seven o'clock a hearing look | lace be
lore Aid Knott.
sr.VTKMKNT or i hk .uvrsrr.
A! or Sto eh bad been placed in the cell hi
expressed a de-ire te make a statement, bu
die officers generally declined listening t<
him. He alleged tliat he was a Souther >:ri
would rot be gnii'v of a mean act; that he
had met Mr. Cutter at the ceal mines in the
iieerior ol diN Slav d thought that lie iv a ■
an lietieralmar —n e in whom lie entile
place tie Dion implicit ponfi fence. Ileal?.'
met a yoni.g I. ty at a seminary in the into
Harwell vi I om I - bertune t.iseinated—ii
I , V i—and whom, lie learned was nil a lopte.
daughter of Mr Caller. II" consulted wit!
1 M' fitter upon the sr.! v'et, when he in
formed him that the girl was everything tlia
was vit uni- oml g-t.-d. everything that i
matt eet Id cvecro * estimable in a wife.—
Soon al'er this I e married Iter and they re
moved to their home. Soon a'.cr this mar
tn.-e he di-o-ovi-li'd that ail rex not liiht—
I'-at Ids wife was pregrant, and that in ton
months Ir'trt the date of the marriage cere
mo* es sh, g_tve birth to a child.
He a! s o alleges that while this gitl was a
-ebool as his adopted daughter, under the
proft's-. d prnteetieti of Mr. C . there was at
improper i itimaey be ween them, and tba
the ehdd belonged in Mr C. He also learn
od that there hint been illicit intercourse bo
twrcn his wife and Mr. C. since their mar
ra e on more than one occasion, and hav
ing been cruelly deceived by a man ir
whom he had the utmost confidence, ani
smarting under the wrongs to which Ire hai
tven subjected, he determined upon revenge
He expressed no ragist,- or (ears of the re
spotisibilitv incurred by the perpetration o
such a terrible deed
lie expressed a desire that H. C. Town
send, F.sq , should be sent tor, as he ha.
consulted him upon the subject. Annthei
1.-cal gentleman, who was in the ofiice dtir
ittg the investigation, said the deceased had
called upon him a few days ago, and consult
ed him in regard to a divorce. He diJ no
think that at their interview Smith had the
remotest idea of committing a murder. The
prisoner is about 33 years of ace, rather thin
ly built, and lias black whiskers.
After he was placed in a celt in Moya<
mensina Prison, he thanked lite otlicers fot
their extreme kindness to him, and said tc
other AUbrignt that he should accept the re
volver from him as a present for his gentle
manly conduct, and for proipcting him from
the crowd. He also told Lieut. Dickhart to
take the Bowie knife.
Fiom the Per.iisylvaiium.
V KEUIT—ITS U VMS-
Is not the present time a fit opportunity tc
I pel the important question, how is the pres
ent credit system of our country suppor'ed.
and ask the serious attention of our business
' men to a careful consideration of the answer:
No naiion can exist without credit. All bu
siness circles and commercial communities
must make use of it to a greater or lesser de
gree, according tothe circumstances by wbicf
tbo nation or people are sorroundej. Nc
man can at all times command an amoun
I of available means commensurate with tbt
- demands of liis business—nor can a natior
' expect each year to "have a full and over
flowing treasury. Trade,commerce and roan
ufactures may and will get in the advance o
that real capital on which they depend fo
■ life and vitality, and credit must then comi
: | in and represent temporary the substantia
r foundation on which these .great national in
f teres • resl. When credit is thus used it i
- , iegiiima e and cannot be productive of in
i jurou s cor-sequences, as it will neither cx
| (laud beyond a sale and prudent point, nir
tempt men lo edihark m il l Mint spot til,t
--; livr euvrpri-et. (lie ••nil ol which mum tin
I not on ly Ihe dh-irtnhioii o* credit, tun ihu
prostration Inr a tune, even ol those enter
| prises which are b-ed upon real capital
! But the inquiry is, how is our present sys
leni t<f ere.ln s ippor'.ed—upon what basis
does it rest i The thine lots tinnier use of its
credit; the different corporations put theirs
. in the market ; railroads have been built,
1 equipped and pin in motion by the use of
' credit: municipal corporations canto upon
Chutiifo us customers, and bartered* thole
1 promises to pay in the future for so much
I present gold, and the business community,
catching the infection, acted upon the saute
general principle. It was credit—all credit
—it.ml the whole business transactions of
lite country was demoralized and each man
rushed wildly on without regard lo llio fu
ture or tin* pns-ihilily of meeting obligations
at maturity. The people of (he several Suites
borrowed money ami issued State bonds, to
be ptti I twenty, (iby or sixty years front
tltetr date. These were (nil into the ntaikst,
and upon the laith of such evidences of itt
debtodtir-ts other parties made loans, and thus
the debt was increased, tho credit widened.
Kail roads graded it few tnih's of their lines
and then mortgaged litem for iron nttd other
materials to prosecute tho enterprise. Mu
nicipal corporations issued their promisee to
Itiilrnud companies, and upon these money
was obtained, and thus credit was absolutely
based upon debt. It is nol to be supposed
that the business community oould or would
lung remain unaffected by snelt a false and
pernicious system credit The spirit of Spec
ulation w .is hiring men lo embark in schemes
which promised princely returns, and thus
templed tltey gave way. entered the arena in
which this struggle was going on, ami soon
became engaged in it and forgot or overlook
ed all those lessons ol wisdom Htul prudence
which had heretofore guided them.
I t this wild nod wicked extension ol cred
it the II inks have acted a tno.-t conspicuous
part. Nut one provision of their charters
have been obeyed in a spirit of fairness and
jtts'ico to tho community . They have push
ed their circulation beyond the point pres
cribed by law. and used tho unlawful indebt
edness Hilts created for the purpose of basing
upon it mercantile and commercial credit.
Tito Hanks were aware of llteironlire inabil
ity in meet their obligations with the people
—in ether wottls, they could not pay their
debts il called upon, and yet thoy looted
these fraudulent promises to pay to their cus
tomers, and thus as in the municipal
corporation*, supported the credit by the cre
ation of debts—and that too with a lull know
ledge thai such debts could nol be paid,
l itis sysbtn held together just so long as lite
i,i.. rol the country eolild support it; when
n was forced beyond that point, the bubble
burs:. It ihcti become impossible to still
l. rdtcr doclu.lwaiio ueoplo with promises lo
pay in the future. They needed something
to redeem that credit upon which the
business ot the eountry was based. Tins
could not be obiainc I un.l hence tho
panic ai-.t consequent suspension.
Is it tot apparent, thai il we ate in have
credit, it nttisi bo supported by more relia
ble means in lite fulute! The idea ol basing
credit upon debt is suicidal lo all those prui
cipl.-s et political economy on which the
pro-peiitv of a na'ion and people depend.
No nni'i i-,t in issuing an obligation
wiihout being certain that il will be met at
maturity, much less should such liabilities
! • used by others us a basts upon which to
erect ncciimt'.l.ilcd indebtedness. This prin
ciple will also hoi J good when applied to
S.a e, corporations or institutions. What
sal, tv is tl cre in any system ofctedil which
I resents no security but promises, the redemp
tion of which is subject to suspicion at all
limes, but doubly so when years most expire
before the test can be legally applied and tho
question of their snfltcienry absolutely de
termined. The folly of depending upon such
supports in a young and growing country, is
made dear by the present mercantile crash.
There lias been an abundance of credit, but
of what avail was it when most needed.'
Tite country is rich in material wealth, but
false credit, based upon an inflated paper
currency, had banished Irom active circula
tion the representative of a nation's weaftlt
and prosperity, increased ilia indebtedness
of the people, decreased their means lo jay ,
and thus paralyzed the right arm of industry.
Trie remedy for the evil consits in getting
nearer a cash system in all transactions, and
shortening the period for which credit will
bo extended. Hut first remove the great
stuntbliug block to any reform—our vicious
paper money system, by which all schemes
looking to a reform of this abuse of credit
will be frustrated. While it is wiiliir. tho
power of a few men controlling the moneyed
institutions of our Slate or nation, to expand
or contract the volume of currency, and thus
derange all legitimate business calculations,
it is idle to hope for, or expect a sound,
healthy, credit system. It will be extended
ever a wider surface, and thus made more
mischievous in its effects upon the stability
of our mereliantile manufacturing and com
mercial interests. While, ihorcfore, the
Banking system is under consideration with
a view to its thorough revision, and the in
troduction of more coin into our currency, it
will be well to examine the grounds on
which the credit system ol the nation stands,
remodel it in accordance with the facts pre
sented at t.'te present crisis.
ty The Stockholders of the Danville Bank
a', their meeting on last Monday, accepted
the Belief Law passed at the extra session ol
ocr Legislature.
ty The Masonic Order of the United
Sta'es numbers three hundred thousand per
sons. and includes a large portion of all the
distinguished civil, military and professional
men.
THB GRAIN CROPS OF CXI.IFOKSIA.—THE
stain crops oi California are this seasot
largely in excess of the consumption. Tin
San Francisco Herald says the State mus
soon he exporters of agricultural produce
the ottly drawback being dtp difficulty #i
finding a tienr in "fleet