E - 1
El
Lair Tampa
ST Hl*, turrult AND PROPRIETOR
rriI.wr.„4II;TTIB.I3CIIG, PA.
a Ilemsday Morning, liov. 9, 19119. ,
rntnorod intention of the
Ififftillnistratiou to remove Gov. Walker,
4, sus, turns out to be a hosy.. The
Gorreenor hey refused to receive a
fisudulent election return from Johnson
eioutlty, and has issued a proclamation
14:0 4 t: effect. That be will be sustain
-9417 President. Buchanan, and the
aneuitry. generally, we do not doubt.—
The Bight must govern, let the conee
-149,15e1 fhll where they may.
I. 43told•frum Evrope.—Every steamer
Aug arrives from Europe is bringing,
u,.
Qnsiderable amounts in gold. We no
tatted, .previous to the arrival of the
Paris, frequent sums of twenty and
ttitty thousand pounds sterling among
4te, l ‘good !thinkr4 " by the steamers !
6120 Liverpool. The vessel iminedi
atelr preceding the Persia brought'
.183,099, or over three hundred thowand'
ttpfigr i sf: The Peisia, on WednesdaY
1 01444 krouglat a million and a quarter
olapitrie - Truly lias the tariff of 1846,
AS Wilmot said it would, opened to the
lifet4tuffs and cotton of the United
stateli.. THE MARKETS OF TIIE I
D
ifore Speck !—The steamer Star of;
tie 'K at arrived at New York on Wed
iejKlr with 81,464,000 in specie from
caltfprnia, and the Philadelphia at Now
New Orleans with 8450,000. The
eistwida, from Liverpool, reached Hall
flF' on Wetinesday,:, with another mil-1
liOia of specie. '
EMI
Operations of the L'ated States Mint.
--4, l uniqement of the business of the
flkula&lphia Mint. for the month of Oc
ber shows the *mount of gold bullion
diltiosited to - be 83,157,047, and of silver
- - 01 d cents deposited in ex
q4alge fornow, 8845. Making the to!
telet'dspoeits for the month 83,844,410.
lipe' gold coinage during the same time
11* 112,562,140, nearly the whole of
)irlOh was hi double eagles. The sil-
Tor,Roinage amounted to 8805,350,
mostly ;in quarter and halt dollars.
Thatirwere coined during the month
815,600 of new cents. The total value
Or the coinage of the month is 83,883,-
,
01441 k ciovering 5,472,032 pieces, of which
20100,000 were in quarter dollars and
1 . ,1382;000 in cents.
Wire notice wit h much gratification
tieis4hlle a number of candidates are
tt*nleql ter-Speaker, Clerk, Door
,and Postmasterlof the new
National Ifouse of Representatives, but
one mtme4s- mentioned for Sergeant-at
a44,4-,-"An. taz J. GLOSSIMENNEE, of York.
this itifrieist tribute to an honest and
uptight:public officer, lobo, with very
distiost sad emphatic Democratic poli
psiOknover a candidate in the House
I - 4 1 1tepresentatives without receiving a
lorga natuber of rotes from other par
ties. The editor of the Philadelphia
IPraiss takes it for granted that Mr.
ne(46IIIiNNER will be re-elected with
out opposition.
Batiks of Pittsburg have ac
cepted the Belief Law. So also the
&nib of Philadelphia, with one excep
tion. The country Banks throughout
e State will doubtless all accept.
" ip-fihe Bank of Pennsylvania will
ir y oat of exis tence.
. Its liabilities are
400,040, and its- assets $1,750,000--
ileiwisig • nothing for stockholders. A
netiond United States Bank explosion !
Leek Chrt.—The York Pennsylvania*
notes the circulation ofdangerous wan
isgleke on two different plates of the
York Clo. Bank. They wereso well earn
welted as to require a searching gluon,
twintect,thelo. About the Barest 004
is to look at the trace in the vignelaii;
*ere two persons and two horses are
pioWing. In the good note tho trace
runs down to the leg of the horse.—
Another good method to detect is in the
President's signature, Eli Lewis. In
the genuine the s in Lewis does not
.tonoh.the printed ".&es," while in the
bad the s touches or rims into it. The
teeth In . the rack on the left side of the
note, sty the bottom, are coarse in the
Wantorkit•
`allirTho Troy (N. V.) City Bank,
which anapandol haniiness on the 22d
nit., 4s in lino again, having rammed on
Friday week.
Speetie-Toying ikinka.—The Bank of
'9 irginia, and the Farmers' Bank of
Virginia, at Frederiekeburg, continuo
to pay specie fur their notes, *ad, it
iireaid, entertain no thought of suipeu-
e i,n.
• /lig* has been definitely ascertain
ed, ingeiry, that the man
Irkkst-res i candidate for Governor in
gaialayivanis agaiast Packer, is named
Wihh6t-- , David Wilmot. It is ander
illiakrteryialssociates that he belongs
Aso tiniU4nblican party.
The Pressure, •
A .Rig' &ire - e - vi which 4e .
they Ppirittalobrtiftheois in mono.
affairs - strikes us is
,per. The i , scarti" has bees uune
,.:11.3)-, grant, •Toteularly when the
country is blesiod with such ahun(lant
mean. to overcome it. I Tl,e Spirit
: We have an al on" maintaihcti
:l:,+ the i4e - rnharrissiment,
• h alt)suiretiit . gy . ofid pot be of
long continuance, and we are happy to
see that joarnaliata whoae-Upiunwa am;
worth far more than ours, take the
same hopeful view of our future pros- ,
pects. We are quite aa much scared as /
hurt. Indeed we think the pressure Is
owing rather to a big scare than to any
great scarcity of money. And oven if
money is not quite as plenty now as it
was a year or two ago, oar country is I
richer in everything else. If we have
loss money, we have more of money's,
worth—more of that which is even
more valuable than money. We have
but to move our superabundant crops
forward to the various markets of the
world now open to them, and a stream
of gold will flow in upon us.
The New York Courier, as good au- 1
thority as there is in the land, gives
gems statistics illustrating the effectii
of the panic of 1837 upon our foreign
trade. From these we can form some!
idea of our foreign commerce for the
next year:
Statement of the Foreign Commerce of the Uni
ted tilales 14 a Series of Years.
Years. Exp,rta. Imports.
IRM $12,4,600,000 $190,000,000
1840 - 13'2000,000 - 107 ,N 0 xX)
From the above we see that the ex
ports in four years increased four
while the imports decreased
eighty-three millions, or showing an
improvement in our foreign balance of
eighty-seven millions of dollars. The
re-action that took at that period four
years to produce, will now be produced
in twelve months.
The commerce of the United States
for the fiscal year 1856, was as follows:
Exports, 8327,600,000; imports, $315,-
000,000. The decrease in imports from
1830 to 1840 was. forty two per cent.,
and the increase in exports was three
per cent. Applying the per centage of
increase and decrease to the trade of
1856, our commerce for the present fis
cal year would be as follows :
ExportB,
Imixots, •
Balance in our favor, .:
Add California Gold,
Debt due Europe, -
Balance, -
From this we see that if Europe re
mains solvent, the balance due us, after
paying the debt which is now due to
Europe, will be over one hundred and
fifty million,' of dollars.
This is an under estimate of our ex
ports. The Emperor of France has
just issued an edict forbidding the ex
' port of grain from France. The im
ports of cotton into Great Britain from
India this year will be nominal. Great
Britain will want our sour and provis
ions for her Indian army. Enough
t -has been given to show that our exports
I must increase, and our imports are sub
' ject to our own control. Europe must
t have our cotton and breadstuffs, and
India our provisions. The gold from
California must stay with us. This
I aid we did not have in 1887, and is in
itself alone sufficient to ensure our re-
I covery.
'Amount of Specie in the Country.—
It becomes important at the present
time to ascertain how much specie there
is in the country; M other words, the
amount of that currency which cannot
be depreciated or in any way disturbed
by any explosions. The specie basis of
the banks is stated to be about sixty
millions, and the inquiry turns to the
amount in genciral circulation among
the people. On this point the Phila
delphia North American says
We have taken the pains, for our own
satisfaction, to look over the official fig
ures for a series of years, in order to
approximate a safe opinion upon this
subject, and they develop some results
of striking interest, at the present junc
ture, which ought to inspire feelings of
encouragement even in the most de
sponding. Notwithstanding the enor
mous depletion of precious metals dur
ing the last seven years, it will be seen
that the coinage in that period exceed
ed the exports by an amount equal to
the whole coinage during the preceding
fortylight years :
Coissits. Exports.
1850 533,847,838 50 42,804,302
1851 63.888,889 50 24,016,160
1852 57,845,597 50 37.169,09/
1853 ....64,291.477 94 23.285,493
1854 60,713,865 47 34,438,713
1855 44,060,302 93 5'2,587 ,531
1456 0,794,983 90 41.537.853
1857 (6 months) 23,893,703 60 69,849,133
$415.226.717 74 $285,881,176
Deduct exports 283,Ei1.176 00
Excess c0inage5129,345,541 74
Add uabd (via
age before
1830 ..160,000,000 00
Now in e0untry52138,345,341,74
Mir Imports of Specie. -= The amount of
specie brought from Europe, Cuba, liex
' leo and California to New York, St.
„Louis and New Orleans during October,
is act down at 37,451,195, The New
York Herald, in stating this fact, adds :
To this sum should be added eertifi
elites of deposit received by the Persia
to the amount of over a million of dol
' tars, which certificates are as good us,
and in a more convenient farm than
' specie itself, because remittances to
England can be made by moans of them.
Out of these monthly cash receipts of
I seven and a half millions of dollars we
have not actuellLernt oat of tbe coun
try more tlran a mere
. tpto—s ay two
or Qom Nusdred
6:4 the first of November gees 9s rith
er by at lent soven millions of dollars
in Fpecie than %le were on the first of
Oc.tolier. This mdy ~e ent extrnorilins-;
r . y in viva - Of the depression in trade,
Lut the fauct iti nt:vei t hele,s so. Thougti
times are hard specie is Plenty.
' e••• ir fro'm .Ite.rico.—li is supposedi
sow to thin eottoui l
lar g ely increased supplies of silver coin.
hitherto at least _three-fourths of her
shipments of specie have been to Eng
land. But the last English steamer
from Vera Crnz took out but $295,000,
while the steamer to New Orleans , took
$250000. • It is Thought that the *min
er, of the month of October, amount
ing to about a million of dollars, will
nearly all come to the United States.
Bank of Pennsylvania—Mr. Athlone.
=There is too much reason for believ
ing that the forthcoming report of the
investigation into the affairs of the
Bank of Pennsylvania will disclose a
MASS of corruption and mismanage
ment in that institution, which will viv
idly recall the days of the broken Bank
of the United States. There seems to
be but one opinion on the subject.
Hopes are entertained that tho note
holders and depositors will be paid; but
the stockholders, the widows, orphans,
and others-who have confided their for
tunes to the bank, will not be so fortu
nate. Many reflections will be suggest
ed by this expose. And first, as to the
President, Mr. Allibone, who,. has con
trived to escape in anticipation of the
publication of the facts. Maledictions,
laud and deep, are uttered against him.
lie is held up as the callISO of the losses
to the stockholders, and as the leader
in the practices of partiality and favor
itism, which it is too clear, distinguish
ed his rule. It is said that Mr. Alli
bone has loft for Furopo a rich man.
We hope not. If he has, and if he is
still the honorable man his friends claim
him to be, let him give up his fortune
to those who have been ruined by his
expedimits and his extravagance. This
he will do, or forever forfeit all claim
to the title of an honest and much less
of a religious man.—Pi la. Prem.
Amid all the disasters that are
upon us, the markets of the world,
which were opened to our farmers and
planters, by the " tariff of 1846," ale
not closed. If our breadstuffs and cot
ton were penned in and thrown upon a
home market exclusively, as the protec
tive tariff policy would have it, where
would we be now ? If the millions up
on millions, which these products of our
soil bring in had been cut off from us
by the tariflites of 1846, the crisis would
not have been deferred to this year of
our Lord 1857. The crash has come,
not because of the tariff of 1 , 46, but it
has come, after being warded off for
years by the Democratic policy, in
spite of that policy. Any tariff, how
ever high you may fix—however near
you may bring it to a prohibitory point
—may bo rendered nugatory by the
augmentation of fictitious capital, which
is and has been our country's bane.
The lowest possible revenue tariff,
which is what we go for, would ho
abundantly protective, if it were backed
by such a reform of our banking sys
tem as would bring the circulation of
our banks down as nearly as practica
ble to a specie basis. We should then
buy on equal terms with all the world.
York Gazette.
Years ISSG-'57.
$437.000,000
- 2,16,000,000
$151,000,0041
40,000,000
$191,000,000
40,000.1 RM
$151,000,ue0
Eridencea of " Overtrading."—The
Luzerne Union of last week, came to
us with nine columns of closely printed
Sheriff's sales. A few years ago every
body rushed for Luzerne county to
make their fortunes in coal lands, and
almost every foot of property contigu
ous to the Delaware, Lackawanna and
Bloomsburg Railroads was bought up
at enormous prices, (on credit of course)
to be paid for out of the proceeds of the
sales of ooal that was to be dug there
from. The speculation in most instan
ces has proved a failure, and now the
Sheriff is reaping a harvest from the
folly of the speculators.
The First Shinpaster.—lf New York
was the lust to suspend, it is the first to
issue those swindling scraps of paper
called shinplasters. The first, the News
of that city says, was issued on Wednes
day by ode Babcock, promising to pay
the bearer" twenty-five cents fur value
received."
Legislative Vacancy.—Notwithstand
ing the Pennsylvania Legislature has
only been elected a few weeks, a vacan
cy has already occurred in the Rouse
of Representatives, by the death of Mr.
J. B. Backhouse, one of the Allegheny
members, a Republican. A new elec
tion, to fill the place, cannot be held
until after the House shall have met,
and organized, when the Speaker must
issue a writ for the purpose. That doc
ument must be delivered to the Sheriff
of the county at least fifteen days be
fore the time appointed for the special
election.
air The Pennsylvania Bank under
took to speculate in - sugars and to raise
the price to the consumers. It bursted
in the experimout.-Bince the complete
rottenness of the bank is made appa
parent sugars have declined rapidly.—
It is to be hoped that every man con
cerned in that speculation will be com
pelled to return to honest industry for
a livlihood.
pi'Two female horse thieves were
arrested a kw. days since at Louisville.
"OUR FLAG IS STILL THERE!"
- -
• . .
•
tt•
The State Elections.
The election , ' for State officers,
took place on Tuesday in New York and
%mach title t t.l ; okcjions for C6bnty
Offieers in New Jersey, Illinois' and
Michigan. Maryland held her election
for State officers, six members of Con
gress, members of the State Logislitnre,
ilk., on Wednesday, and On Thursday,
Wluconsin elected a full State ticket.—
The election in Logisana for four mem
bers of Congress, members of the State
Legislature, ace.; was bald on Mouda t ir.
New YORK.—Tbe Jesuit in the city
of Now Tork is a sweeping Democratic
victory. For the first time in many
years, if not for the first time since New
York was a city, the Democrats have
carried every ward; elected all the city
and county officers; all the State Sena
tors, and apparently all the members of
Assembly. It is decidedly " a clean"
triumph, and the 'result in Brooklyn,
where the fusion opposition were more
confident of success, is similar.
The Tribune concedes the defeat of
the Republican ticket in the State of
New York by TEN THOUSAND TO TWEN
TY THOUSAND vcrrss ! " What a Cull,
my countrymen !" The Senate is in
doubt—the House Democratic
P. S.—The Democratic majority in
the State thus far is twelve thousand, a
gain since last fall of NINET Y-TWO
THOUSAND!
NEW JERSEY.—Notwithstanding the
hard. ork of the Know Nothings and
Black Republicans combined, the Demo
crats have succeeded handsomely—hav
ing carried both branches of the Logis
later°.
The Democrats have elected six Sen
a Tors out of eight. The Senate will
stand 15 Democrats to ti Opposition,
and the House 35 Democrats to 25 Op
position.
I.AssActtusrrrs.—Banks, Black Re
publican and Know Nothing, is of
course elected Governor,—but by a re
duced majority,—and both branches of
the Legislature are Opposition—also
of course.
MAarLAND.—This is still the "green
spot"—the only "spot"---of proscriptive
and tyrannical Dark Lanternisyn. In
the city of B.4lthnore the " Plugs" and
"Blood Tubs" are again triumphant.—
Law and order have again been crush
ed oat, and bloody disorder still rules.
A few days previous to the election,
Mayor Swan made such representations
to Gov. Ligon, accompanied with the
most faithful promises that he would
have the Right rigidly respected, as to
induce him to withdraw the order plac
ing the city under martial law and re
voke the call for the military. Special
police were appointed from all parties,
and other precautions taken. But
what has the result been? A paragraph '
from the Sua will tell :
" Violent demonstrations were made in sev
eral instances by parties rallying under the
flash names of the clubs. Voters were fre
quently beaten and driven from the polls.
and the complaint was almost universal that
naturalized citizens were either excluded
from voting or experienced the utmost difficul
ty in depositing their votes. In several in
stances members of the special police went
to the mayor's office and resigned their com
missions ; others simply removed their badges
and retired with a mortifying sense of their
inefficiency. Saveral complaints were made
to the mayor and applications for additional
forces at different wards. but there was no
apparent improvement in any ease. In fact.
as the day wore on several of the wards were
in the possession of men who seemed pretty
much to ountrol the proceedingsa. Such lean
abstract of detailed reports.
Although most of the taverns were
closed, drunkenness was quite common,
and a number of persons were wound
ed by shots from pistols in the hands of
members of the K. N. clubs.
The majority in the city for the
Know Nothing candidate for Governor,
Hicks, is 9,528. But 8,129 Democratic
votes were cast throughout the entire
city—a fact most significant of the dan
ger to life and" limb which threatened
Democrats in their attempts to vote.
The majority for flicks in the State
is probably 8000 thousand. Tho Con
gressional delegation will stand as fol
lows : First distriet—Judge Stewart,
Dem. Second district—James B. Ri
caud, Amer. Third district—J. Morri
son Barris, Amer. Fourth district.—
Henry Winter Davis, Amor. Fifth
dist--Jaeob M. Kunkel, Dem., (a gain.)
Sixth district—Thos. F. Bowie, Dem.
Kunkel's majority in Allegheny county
is 425. Hoffman's in Frederick county
177, and in Washington 58.
The Legislature will be Know Noth
ing, but the Democrats have made con
siderable gains.
Frederick county elects the whole
Know Nothing tickot ; but by a reduced
majority since last year—averaging
now only about 160.
Carroll goes the same way, by about
250 majority.
Washington very close.
LOUISIANA.—The election in this
State has resulted in favor of the Demo
cratic State ticket, with a Democratic
majority in the Legislature.
Wtscomem has no doubt gone for the
mongrel Opposition, electing their Gov
ernor and a majority of the Legislature.
This was anticipated.
MunicipalElectionin Detroit . —Drraorr,
Nov. 3.—The municipal election ti::-day
passed off quietly. Patton, the Demo
cratic candidate for Mayor, has been
elected by about 800 majority. The
Democrats have undoubtedly elected
their whole city ticket, and Rine out of
twelve of the Aldermen.
AU Ma Minnesota !
The official returns from this young
Commonwealth present the gratifying
intelligence that 11en. H. li. SIBLY, the
Deinoerattc candidate for Governor, is
elected., over nll opposition by a hand
some mi4ericy... Thus has Minnesota
taken her place among those gallant
t4e7gailiioh form the Imperial Guard
of Constitution and tha Union, and
her , Demoeratie eons have -earned
the proud title of Defenders of the Be
ptibl!c. It was a straggler worthy of
freemen. On the one side was array
ed the Black Republican army, bCtiring
upon their banner "no Union with
Slav beiders," "Social and Political
Eqnslity for the Negro," Treason to
the 'Constitution and hostility to its
plainest requirements; on
, the other
stood the Democracy, bearing aloft the
old battle -stained flag under which the
party has marched to a thousand vie
totieli. The motto of the Democracy
was the Union and the equality of the
States, the sacredness and inviolability
of the Constitution, the equality of all
racti,tof all climes and religions, and the
protection of private rights from the
encroachments of corporate power.
Upon these issues the contest was wag
ed and the victory won by the Democ
racy.i All hail, Minnesota ! This ii
the proudest triumph yet won by her
gallant and indomitable Democracy.—
Penn.sylrania a.
,pae l -Howard township, the birth place
of Gen. Wm. F. Packer, gave him a ma,
jority of thirteen votes. Heretofore it
ulwaj's has been notoriously hostile to
the measures of the Democratic party,
and gave on this occasion its first Dem
ocratic victory. There is now residing
in tine township an aged and venerable
citizein who voted for Gen. Washington,
and over since that day advocated the
principles of the Democratic party.
He made General Packer his first pair
of slices and voted for him at the recent
election.—Belltfoate Watchman.
Ths borough of Sunbury, where Gen.
Packer spent a portion of his life, also
gave him a majority of 141 over Wil
mot, end 87 over both Wilmot and lia
zlehurst. Last year it gave a majority
fur the opposition, as it, usually does.
Williamsport, his place of residence,
gave him a majority of 191 over Wil
mot, rind 52 over both Wilmot and Ha
zlehuirst. The vote of this borough has
heretkifore been most decidedly in oppo•
sitionJo the Democratic party. Last
year the majority for Cochran, the
Black, Republican candidate b_ir Canal
Commissioner, was 83, and for liiporte,
the Black Republican candidate for
,purveyor General, 87. The editor of
the Lycoming, Gazette has no recollec
tion of any former election when it
gave a Democratic majority.
Thme votes show very clearly the
opinion entertained of the,
elect, Where he is best known
The Election "of Wednesday.
' There remains little to be said on
the subject of the late election. It is
over, and the events of the, (lay have
only tended to confirm the apprehen
sions of many that the arrangements
extraordinary provided fur the occasion
were utterly futile. We discharged a
duty incumbent upon us to uphold the
professed purpose of the authorities,
and tq invite and urge confidence in
the *tins provided to the end propos.
ed. It is very true that we nrged up
on others the confidence we did not feel,
and paid a respect duo from a popular
journal to the government under which
we live, with the full conviction that
the power or the will of that govern
ment, In. its subordinates, %. an entirely
inade( 1 ate to the occasion. And we
have all parts of the city the mur
murs
~ d complaints of a disfranchised
people; So far as Baltimore is concern-I
ed, on lone side there are the victors
and otthe other the victims of an al-
most u qualified and overwhelming an
archy. There has been a show of law ,
and authority just sufficient to add in
sult to injury.
In contrast with our own, New York,
even through the press of a defeated,
party, confesses one of the most fair
and honest elections that lever took;
place in that city. In one of the pa
pp
pore we see statements of occasional'
fistieufik at some of the wards, but the
leading papers rejoice in the good or-,
der, good fellowship and integrity which
prevailed. The rights of all men of all
classes were respected, and there is not
a rumor to be heard of a disfranchised
vote. Their's is a city with a popula-
1 tion of smile three-fourths of a million
—our'asless than one third of that num
ber; the former an example of free in
stitutions in their noblest practical char-
aster and efficiency—the latter—we
I leave the experience and absolute know-
I ledge of the honest men of WO parties
to say what we have not the heart to
1 say—of Baltimore.—Baltimore Sun of
Friday.
Military Cbnssation.—A convention
of the Major Generals of the several
Divisions, and Brigadier Generals of
the several Brigades of the Uniformed
Volunteers of Pennsylvania, will be
held in Harrisburg to-day, for the
purpose of devising some plan whereby
the General Assembly of the Common
wealth may be induced to organize its
forces on a sound and salutary basis,
and the ancient pride of Pennsylvania
—her citizen soldiery—be restored to
ite former proud position."
ifir•A destructive fire occurred at
Cairo on Saturday night week, destroy
ing the Illinois Central Railroad Depot,
five freight cars, ftc. Loss estimated
at $200,000.
stir. The Hon. A. 0. P.:NICHOLSON has
been elected by the Tennessee Legisla
ture U. S. Senator for six years, to
succeed the Hon. John Bell, whose term
does not expire until 1859. Judge
Nicholson was the able editor of the
WasAington Union during the adminis
tration of President Pierce.
_" Weeding" Kansas.
The Hostel Herald comments upon
the reOlt, of affairs in Kansas, under
thii appropriate title , 4 An unwelcome
success, - as follows:
The Free State men of Kansas have
forced the most unwelcome news upon
the ears of certain politicians of the
North, it was, possible to vex them
With. The Shibboleth of the iron man
samosa is duty "—ls two edged,
and works like a paradox. Success in
Kansas is defeat throughout the coun
try. Kansas has been made use of by
the Mark Antliony-s of the Republican
party, as the dead Caesar was used by
the first Anthony—a convenient help
towards satisfying personal ambition.
They were lucky wounds that envious
Cassius gave, and precious drops that
flowed from them.
What now will these confounded 'po
litical brawlers do ? They are con
founded, but not abashed. Their
schemings have failed; their falsehoods
are exposed ; peaceable and orderly
government is about to be established
in Kansas, and all sympathy in behalf
of the sufferings in that quarter must
be dried up, for there is nothing for it
to feed upon. The exposure of these
trading policieians is complete. " What
art, what dick, what device can they
fall back upon, to hide them from this
open and apparent shame?"
The ,‘_;on of Er-President Taylor.—
Richard Taylor, Esq., only son of the
late President Taylor, was the Democrat
ic eandiilate for the Senate of Louisiana
in the St. Charles District.
This, we believe, completes the list of
the sons of our distinguished patriots
and statesmen who arc now acting with
the Democratic party. Fletcher Web
ster, the son of Dank! Webster, has
acted with the Democrats for several
years. James B. Clay, the son of lien•
ry Clay, is the Democratic member of
Congress elect from the Ashland Dis
trict, Kentucky. The sons of Ex-rres
idents Tyler and Van 'Buren continue
to adhere to the Democratic faith.
There is a good dual of significance in
these facts.
Death of Gen. I";tlentine Best.—Gen.
Valentine Best, who has long been well
known in the political atti►irs of Penn
sylvania as an aoti•-e I)emodi'•at, died
on Wednesday night at his residence in
Gen. Best was for twenty
live years editor of the Danrille Intelli
!lettere, was a member of the State Sen
ate in 1?4)11, '49 and 50, and was Speak
er of that body in the year Ixso. Ile
was iu the 57th year of his age.
The Atla,dic Tdegraph.—lt is stated
that active preparations are being made
with the view of laying the Atlantic
submarine cable next summer, the
month of Juno having been selected as
the most favorable for tho work. The
Company have ordered the manufac
ture of four hundred additional miles,
which will be ready for shipment, Silo
cessary, in January, with the under
standing that if they should not succeed
in their attempt to to recover the three
hundred and forty miles now submerg
ed, they are to have as much additional
cable made within t wenty-eight days as
may be considered necessary to supply
the deficiency.
Governor
bEi - The Herald of Freedom says that
the bank suspensions in the East were
severely felt in Kansas, on aeeount Of
the large nmonnt of valueless Eastern
exchange held there.
Ohio Official Vote.—CINCINNATI, Nov.
s.—The official vote at - the recent eke
tion in this State stands: Chase 160,-
568; Payne 159,065; Van Trump 10,-
207.
Grain for Europe. —There aro now
loading grain and floor at New York
the . large number of thirty ships, all for
Europe, about half being for Liverpool
and tho remainder for Glasgow. They
will average about 26,000 bushels for
each ship.—Sneh a wholesale exporta
tion of these two great staple articles
of agricultural produce is unprece
dented.
Stocks and Money in.A'elo York.—Nsw
Yoax, Oct. s.—Stocks are lively to-day.
Michigan Central advanced 13 percent.,
in consequenoe of the foreign subscrip
tion to the loan of the company. The
Banks aro renewing liberally, and fi
nancial prospects are buoyant. Sterl
ing has advanced to 108a109, which
will stop the European shipment of
gold.
From New Orleans.—Nov Oni.zass
Nov. s.—The Citizens' Bank resumed
specie payments to-day. There is con
siderable specie coming in. Yesterday
business was much brighter. •
A fire occurred at Brownsville, Tex
as, on the night of the 16th, when
ninety-five kegs of gunpowder explod
ed, killing four persons and injuring
several others. Loss $200,000. •
Panic.—The following Eastern story
contains a moral well suited to the
present times : " There is an old story
in the East of a man journeying who
met a hard and dread apparition.
Who are you ?' said the traveller, ac
costing the spectre. 'I am the Plague,'
it replied. And whore are you going?'
rejoined the traveller. am going to
Damascus to kill three thousand human
beings,' said the spectre. Two months
afterwards, the man returning met the
same apparition at the same point.
False spirit,' said he, why dost
deal with me in lies ? Thou declared
eat thou wert going to slay three thou
sand at Dameacua, and lo thou halt
slain thirty thonsvd." Friend,' re
plied the Plague, be not over hasty m
thy judgments; I killed, indeed, bat my
three thousand—Fear killed the rest.' "
I=l
An Oaais in the Dealt
The Philadelphia Press says:--Btan&
ing as we do, amid the wreck of all
*se institutions that grow into snob
magnitude on the foundation of mars
debt, and beholding men of substantial
means carried down in the crash, the
eye rests with grateful pleasure upon
the condition. of the Federal Govern
ment-. Hero is an instanceand a : proof
of the invaluable advantages that'result
from the policy of doing business upon
a solid specie basis. Had this crisis
Overtaken the General Government,
with its vaults filled with the paper of
a great National Bank, who can count
the disasters that must bare resulteill
But by pursuing the path marked oat
by the Constitution Itself, and avoiding
all issues of banks in the payment of
taxes and the proceeds of the sales of
the public lands, the government has
set an example to individuals that can
not fail to have a moat healthfhl efeet.
It has also preserved the national cred
it at home and abroad; it has removed
an immense element of mischief from
the commercial crisis, by holding itself
aloof from bank connections, and it has,
finally, proved to Legislatures and
States the success of an experiment
which we have no doubt will, in die
time, be adopted in referent* to the col
lection of the State taxes.
The Richmond Examiner, boakasent
ing upon the proposition to start Na
tional Bank and overthrow the Inde
pendent Treasury, uses the following
forcible illustration :
" But imagine what would have been
the
_effect of the sudden withdrawal
from. the . vaults of a National Bank of
Goviyinnent specie, such as has occur
red within the last six mouths from the
Sub-Treasury. In April the Govern
ment coffers coidAiped nearly thirty
millions of coin ; now, they warmly
contain seven millions. If the circuit.;
tion of a _ National Bank (three for one
of notes t , ',l specie) had boon curtailed in
proportion to this rapid diminution,of
the precious metals in its custody, thorn
would have been a eontraction in the
currency, from this cause alone, of sixty
or sixty-five millions of dollars, twenty
odd millions of specie having been lost
by the treasury. Tip pressure now
afflicting the country is the result of a
falling off of the specie held by the local
banks, from 858,000,600 in January last,
to about 825,000,000 held by them now;
or a diminution in their coin of about:
513,000,00. If WO bad had a National
Bank in addition to the local banks,
curtailment of its circulation would
have been necessary hi au amount cor
responding with the loss of twenty-odd
millions of Government specie hem its
- vaults; anti the country' would have
been nearly doubly worse off than it is
under the forced contraction of the local
banks. It is a simple problem in the
.Sin!/le Rule of Three. The present hard.
times are the immediate result of the
loss by the local banks of about thirty.
three millions of dollars; what would
have been the condition of the times, if
the bunks, national and local, of the
country, bad lost, besides this amount
of specie, twenty-odd millions, or near
ly as meek more? Why the most rotten
bank that ever disgraced this country
was the last United States Bank. Its
stocks could have been bought at any
time within the last twenty years, at a
dollar or two a share. Its notes; unre
deemed and worthless, are scattered
over the country, from 'iaine to Texas,
in quantities as profuse as the old con—
tinental money, having no sale except
to the eurioos, a stray note bringing
five cents for such a matter in the dul
ler, just as the skulls of noted villaitia
timid sale with anatomists as setentitls
curiosities."
A 'Practical Suggestion.
The Jeffersonian, published at West
Chester, by JOIIN LIONISON, lately
elected on the Democratic ticket to the
Legislature, contains the following ar
ticle, w hick we commend for its brevity
and moderation :
The Remedy.—The entire bank eel*
tag existing in .the United States is
stated to be three hundred and forty
three millions of dollars.
The entire paper currency is set
down at one hundred and eighty-aix
millions of dollars, of which tiny mil
lions is in Ave-dollar notes, and shout
the same amount in ten-dollar notes.
The amount of specie is two hundred
and fifty-five .millions of dollars, of
which the banks hold sixty millions.
Those statements have boon made in
official public documents; and are pro
babt.y as near the facts as can be arriv
ed at.
In view of them, the remedy for is
suspension of specie payments is appar
ent and easy.
Let the General Government and the
States (la-operate to abolish the five and
ten-dollar notes.
- The result would be to reduce oar
paper currency one-half, and secure in
its place gold'and silver.
A suspension then would not occur
once in a century.
This remedy was proposed and urged
by James Buchanan when a Senator:A-
The influence of his Administration
may be considered as pledged, therefore,
to co-operate with the Legislatures and
Governors of the States in bringing
about this great reform.
No question of domestic policy is so,-.
transcendent in its importance. It is trl
people's measure. All parties• should
unite upon it, and demonstrate that the
people aro able to manage their affairs
of Government.
Of course the remedy would be applied
with due caution, so as not to disturb'
violently the measure of value or thq
relation of debtor and creditor.
In our opinion, this grand and only
real care of the American banking sys.
tem might be applied during Mr. Bat.
chanan's Administration. •
A longer period is not requisite.
Municipizi Election.— ema L i sTo s,
Nov. 5.-31 r. Ma4o . th, Ninlktst, has
been elected may of this city. .' .
si-The American racer Pridrose re
cently won a heavy raoo in lingtaad.
Looompte awl Prior are dead..
mar Gen. lisekell, of 7nm:wane°, yetit.
lately became insane, is said to be rap
idly recovering. . . • '
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