.4 ,, ''
_.,,,.., .. ,
, .
• '' -
__diGermantown Telegraph; 1 roissionee sent by the._ Moonier. to' ( suriley
.. ....Y .--- A RELIC.' '•• .,' t-: 1 the ,lands had .been seized by the Mermons;
here, was left at our office on MontlaYr encl.:both:Parties labor,' undor 'great excite,
~.2.--- " . ' -,
. a curious and inter_estinvelic of-the - Revo- - . !Irlit:'
-; - 'llitiiiiiiffirar." , It is a large Powder Horn,®
•
found huh" weal:, two or three feet' under
" - trictliidOii — efeWating, a_grare'm the bury
ing ground ‘ aitached to the new Lutheran
Church,
,of this . place. The horn is of . a
- -large size, and has engraved` upon it, very
, neatly a number .of interesting historical
devices, in a singuldr state of preservation,
For :instances_ we ,find--the-followingEb= -
, enezer 'Gray, his Hord, made at Cambridge,
1175." -Then t immettiatery under, within
.
-a..„sepiate 'bordeb. the - re is :-6" Made by
• Williarii-Hcerey, Of .Mansfield." , Beside,
there 'is a map coniprieingßoston, Charles - -:
. town, Bunker MIL Roxbury, &c., iiiblu
ding_ the British .'shipping in• the harbor,
r
• • the several on Bunkeri
Hill and neigh
borhood of Bostdn, numb ed and .designa-.
.. -&o., The'. Whole forming a-,curious
. - linttstriking.relid - of one of the most exei:.
ting.'and important . periods - in.--American
history.. . We . hive, no doubt but that the
: hbrn was either lost at the' battle of Ger
matitown; inik - Was buried
_with, its patriotic
owner 'who' perished. hi -that sanguitai.
r •
struggle: - • --*.
. .
' ----- .PoWiheficiltitiiiir - rAnerit an. •
— RAIL-ROAD INVESTMENTS.
•
'An En!lish paper 'notices the.extraordi
_
—nary-increase-irt j valuevf - rairrineity
Which has. taken place 'within. =six months
past.. ;Upon twenty lines of rail road im
provements in Great Britain, the increase:
in the, value of stock since December last,
has amounted in the aggregate to eight mil
lions sterling. The sharen•-in the Great
We.stern railway since 'that period have.
--risen-R52-per -share—that -is from - 10 - be- -
• low par to 42 . premium; equal t2.21,300, - -
• 000 upon 25,000 , original'. shares.. The
London and Birmingham shares haye in
like manner risen from 50 Preinium )0'99
premium, equal 'to ..R),225,0dti 'upon the
25,000-original shares. . . -•
We find in the last number of. the four . -
'•nal of 'the _Franklinlnstitute,,--a very
Celient • periodical, by the, vay,- 7 -that the
.profits on _the_ Orinci pal. rail .roadi-in the
not higher than'ls per cent. and not lower
than•Flper cent: • .. • •
,77:•TaT11e7U.tica and.Schnectady-read -realized ,
the firstr.named'cliyittet.dr. 7- TliillTfieirirrid
Syracitie toad dlidded fourteen per cent.
The Camden and; Amboy rail road•realited
18'.1-4 Per cent. The Philadelphia, Wil
-mington and Baltimore rail road in (839
divided I 1.4 per tent..
-
..FrOm-tice-•etatistics of-rail-road-travelling:-
in Eno,lhtid it isascertained that the clanger
of loss of life_on an average rail road trip
is abOut 1 6'4,000,000.
-no
~,drode
.of -travelling so- safe upon, tile
whole as rail road travelling: The statistics
in this country as well ai in England would
ito - doubt show this.
Discovery .of Tin :Orextract of a
letter, dated Walpole, N. H., 15th June:
—Dr.:lad:ion, the State Geologist, states
the certain existence of tin ore on the east-
ern slope of the White Mountains, in the
town of Jackson, county of-Goos, N. IL'
D. Jackson appears to be of 11)6 opinion
.
will' prove to lie - aliundant—if
ea-this is.the firstAftscovery of: tin in, any
qtranillyin the I.Joiled. Statics _
THE •AMERICAN NAVY.
• Mr. Buckingham, the traveller, has the
'following paragrap!i relating to the-Amerk
can Navy: -
. "The-American Navy comprises at pre.-
. sent,,l three-decker of 120 guns, the Perut . - . ,
ayivania, built at Philadelphia, and said to
be the largest ship in the world, capable.of
mounting 150 guns, though rated at only
120,. and •probably .catryirig mote _at
- preseiitT - 11 - IW - ckleekeis ; rated at '74's,
though all capable-of . cartying 'from 80 to
00-gons each; 18 frigates, of 64, 44, and
36.gune - respectively; 16 sloops; of 24 and
18 guns each; and 10 schooners, of 12 and
. 10 guns each—making altogether only 56
vessels of every-class; - und - yet small as it
• is in the ritiaiber of its ships its efficiency
is so great, nd the skill of its officers and
seamen so conspicuous, that it is superior
. in actual force to any . -other Navy in the
. world, •except that of Great Britain, and
would not shrink single-handed, from a
contest with it, gun ,for gun, and man .for
man, with a probability of being victor."
THE GREAT WILL CASE.
We learn front a London paper;,that the
will of James Wood is still in litigation be
tween, the heirs and legatees under the
will and certain persons who claim , to be
legatees under a paper, purporting to be a
codicil to his will. The costs incurred in
the Ecclesiastical courts, exceed .R 50,000.
The costs of the suit pending before the pri.l
• vycouncil will be enormous. The fees alone
which have been given to the numerous
Counsel, with their briefs, amount to be
tween 5000 and A6OOO, The Attorney
'General's brief is marked 1000 guineas;
Mr. Pemberton's, 800 guineas; Sir F. Pol
leek's, 500 guineas; . Sir Wm. Follett's,
Philirno:e's, Dr. Adam's, and two or
• three others, 400 guineas each ; and an
sdditionalfee, [called a "refresher,"l vary
ing from 10 .to 15
. goineas, i 8 daily given
to each counserdurtng, the enquiry. The
amount of
. interest' which has accumulated
„,,, on the property left by 'the testator since
his death,exceed .4100,000.-4/b.".124.
A State Protested.—We learn from the
Jackson Mississippian s , of the - 4th - inst. that
Gov. McNutt has received official infor
mation.
t at the State haii beenrprptested for
interest due on a'portion of the State bonds.
The Mormoni.—A - : letter — rot -mei a
Philadelphia - from Nauvoo, Mates that Joe
Smith, the 'leader of the' Mormons, has
been arrested by ,the authority of the Go
vetoer of Illinoia,--3that the Mertneee-had
~- t alleti:paiiieiisiota-ifif Targevtract of land
without authority, and,,tliat the etrongeet
excitement-prevailed a&tinst 'Them in_the
immediate neighborhood, 40,,roarrol'aP
,..prelieneions were entertained leat a mongol
--nary ptruggle altould-takeplace;-Thetem=
'rfiece is, perhaps
s' "It=
=
_DECISION-OF-THE-SUPREME-COURT IN.
THE Yoruc PRESBYTERIAN CnsE.,-English ,
.Presbyterian congregation vs: James John.-
son, , et, al. This;)ilas - : an actithrotif•eject
ment brought to try the title to 'certain pro
perty in York, wider the following : facts
The prep_erty , _was• grautedliy_ ihe :Penns itr
178 - 5, for the•use of the English Presbyte
rians,:irt and . near the town of York. In
1762-and since, thiieengregation there was
connected with :the , Donnegal Presbytery,
and that was afterwards merged in the Car-,
lisle Piesbytery„' ' A portion of the congre
gation, in October, Is3B, seceded from the . ,
Carlisle Presbytery,, denied their juristlic
tion,. and, refused to' submit to ,• them.—,l
These were known Ville name of New
Schoolarty-.—Vhe' - other --- portiMrtirthe
ito,
congre ties; knew& as the.-,Old School,
adhere lie Carlisiesbi4errind are
still iii 'cltheinon. The la:ter being oust
ed of the property, brought suit, and upon
A decision, in 'the court below against-them,
carried it up the Supreme Conti . , by writ of
error. .The Supreme- Court being divided
threC - to . ; ty_olJudgei_eibson-Aechired -- th
opunon arm ug-thc sion of the court
(1(
----4 in i
~ . e .
below, on.the ground th . the . nevi , school
were the- majority —Jud es Houston _and_
•nuotlY—dissenting. . ..
Death of an Indian Wari•ioi.—W &find
in one of the Little Rock papers a singular
obituary of an old . Indian . who fought un
der General Wayne. in the, revolutionary
war. Captain 'Visit°. Mingo; a veteran
wartionof-the-Chhetaws;dsparieTthiS life
-on the sth-ult. Althougirbut Jittin•known
beyond the limits of his nation, yet he wga s
*Man whohad.seen wars and fought bat
iks; -stood :high - among •his own peeple'as
a brave and good Than. He served' under
General Wayne in the Revolutionary war,
for which he reeetV"eil a pension "frbrit the
government of the United Statis;
the - late war with England .he served under
General - Aid many deeds oT
valbt.'l' He had fought in nine -battles for
t
Irsi4tritiutt:Shileil s "z4SfOga"VeYiiTt
served the white man faithfully.' His last
words. were,` Winnit - ani gone heat: the
Atigf:arafire
TEXAS. •
The steamship New . Y6o4Capt. Wright,
arrived yesterday morning from - Galveston,
bringing - dates - to Saturday - morning. The
Neliv__LYorlt...spoke-the-,-Woodbury Cutter
Off Gladbora Island on a cruise for pirates;
but sliq had found none. - •
The Presbyterians and - Catholics are
building churches in Galveston, and - the
WthOdists have raised sufficient funds,
and will - commence inimediately, • •
— Between 150 200 children are .at
school in GalVestOn.
The Santa Fe expedition was • to have
eft Auslinbn the Bth inst.
Capt. Lewis with his company, fell in
With five Indians, one while man and a
squaw, near §an Ant6i4o, all of. whom
were , killed but-the aquagi whip, was re
tained as a prisoner. Capt. M'a ither . also
killed- five Indians on the Isfay.osoto, and
took 50' horses.
'l'hc crops of Texas promiso fairly.—N
CUBA.
BY a statement from our correspondent,
which We plolished .yesterday; it appears
that the 'exports et, that most productive
spot of earth, amounted in the yeat:,lB4o
to almost twenty - six millions of dollars ;
being 'four .uiillions and a half more than
in 1839. -The quantity of sugar exported
was six times as large as the quantity of
beet sugar grown in - France during. a simi
lar period. The immense wealth of Cuba
-and her gfe-at-Aoductiveness, in despite of
all the embarrassments . imposed-upon her
by Spain, render - her an interesting, object
for the contemplation of political econo 7
mists. The foreign trade of• that island is.
equal to one-fifth of the foreign trade of the
whole .hilted States, including. cotton, to,
bacco, bread stuffs, and all the rest. Her
internal trade` is however comparatively
small, as there is very little :variety in the
pursuits of her people, almost all, of them .
engaged in agriculture, and that confined
.to two articles, the stigar cane and . coffee
tree.—.N. Y. Jour. QOM. •
.Mire of Silk. --The act for the en
couragement-of the silk culture,,passed by
the Legislature of New York ; on the 26th
of May authorizes County treasurers to pay
a bounty of fifteen cents' per pound for
Cocoons and of fifty cents per pound for
reeled silki said cocoons having been'raised
and silk reeled within this state, until the
Ist of Jude; 1840.
From the New York Sunday Met eury
CLIPPINGS AND SCRII3B{INGS.
Fashion is a deformed little monster, with
a chameleon skin, bestriding the shoulders
of-public opinion. Though weak in itself,
like'most other, despots it has gradually
atenr . ped a deg of 'power,that is irresisti
ble, and m
prevails' in various forms • over the
whole habitable earth . It is the greatest
tyrant in the world.
•
It is from kaving sutieredourselves, that
we learn - to - appreciate the misfortunes and
wants of others, and become doubly inter
ested in preventing or :lilieving:theth.
° "The human heart," as an elegsnt.French
authOr observcs,, "resembles .certain medi
cinal trees, which yield not Iheir healing
balm' - until' they have then:Alves been
wounded."
- " -- Tbat — lass - 1 - ass-vtol-a — iiiin_of_the Sob
ba4V-Ward-Dikb-y ae nday, saw
a man carrying a big fiddle into atbuich.
"I speak within beunde," as the prison
pr Bald to.the jailer. . , • .
ne,extreme is as :bad as another '
"
the man • said when "
they Ming hita c tip by
the .heels:"'
'"We 'have to pay for every thine as
the mill geld:when -the mosquitos -after .4
fa) untarriereeade sent his- bill into him:
',..c ''10",...' , er : - 4., ir : I . to)f: : " :Wr t•-4:.,X. - -0.. :a '01( : -V - irp .00
.14.:0' . .i '4,.
cipOos Kepoirt.
----lii-te-day's -paper will be, found the' re-;
r• port yesterday made in the Senate.by Mr.,
i Clay of Kentucky,.fronf7e'Seleet coinmitteei
on the *subjeet, of a Bank of the . U. States.,
It is a luminous and able paper; and,' with
the exception of.the ergument that a refusal
I to. exercise-a--power: is a---tenegation'tif - it, -
1 (which appears to us to _be • toe strongly
1 put,) it is persuasive• throughout; and, fur
-1 the' most part conclusive. „ • • •. "
For our part, we 'know - , that Mr. Clay,
himself. cannot entertain a stronger convic
-1 thin than .we do of the right of Congress to
1 exercise all the power-in regard to this sub
ject which it has heretofore exereisedand
the constitutionality of which has, been al,-
firmed by the highest - judicial tribunals, as
-well - as - appm - e - d - b — Ty lie - people. If, how ; _-
tver, there is reason to apprehend that all
branches of--the government sire-not-ready
to exercise that power, to the extent here
tofore exercised, We would not persist 'in
doing nothing, . because we 'could not do
every thing that we desire. On that ground
Itis that we have earnestly :recommended
-th_e__daptiort.of—the--'-creasurrproject -- a - re - :
- Fiscal Bank: - „, . . •
In thjs .
respect we stand opotille same
ground as the Secretary'-birtiself; What_
tis-intliiiithral - qtnititiorthis - iEhject is, be
explicitly Made known in report to.
Congress upon the state 01'• the Finances.
He told Congress.that he had."no doubt of
the power of CongresS to create Such an
Institution," &c. • Yet, he tidded, the poiv
er has 'been questioried by ,many wise and
petrietic_stateimen, and-it is therefore - int- -
.portant, as far-as, pessible, to obviate 'objec,
dens and reconcile Opinion..
of the_ chief of- these-objections the
Secretary sought to obviate by the 10 - cation
of thetank..in. Washington. Thisleadiog
feature of the" Secretary's plan has been re
tained by .the. Senate -committee,
Another Maio objection known to exist
"was to•the - ,uniitnited authority to establish
branches.jn. the _states; "chip is the :Moat
Important_particular- . M--Which. the..plan of
111g,.561i110..,P,ontirditen,t-d.itft*frornAat;ii *
'ti'ileMtretai . P. - ''''S'it f oiiljjie - ilitMs iS tieta'
us - to ,settle_when.AreaLstatesmen-come-to
• differ upon them. -hut we Shotildeertainly :
prefet - theatptiMCOllll)4"-Se'eolo3 :7- ITi
-to the present state of thingi; whilst no-one
who 'habitually reads -OAS , -paper would
doubt that we should prefer the branch'
_feature - in Mr. clay's plan, if attainable, to
the -corresponding feature of Mr. Ewing's.
The-question for Congress - has appeared
us to be; under existing circumstaricesoitit
what shall we-do,. but -What can We de?
In what we hatte said updit the subject, we
have so argued the matter:-:and there,, for.'
.the present; tee.leavo -it. •
The other deviations of the plan of Mr.
-Clay-from-that:of the-Treasnry-involve-oo
•prineiple "upon which the fate of a bank b'll
could be
.supposed to _depend. - Some f
them, such for example .as the 'extension
of the, limitation of the annual dividend'
upon the stock of the bank from six to-a-e
-ven per cent. would, we have no doubt, be
entirely, acceptable •to the friends of the
TreasOry project if engrafted upon
•
_Nat. Intelligencen . •
PROPOSED BANK OF .THE
TED,_STATES.
The . folio wingis the report of-the Select
Committee of the Senate on the Currency,
&c., of which Mr. - Clay of Kentucky, is
chairman, as read by hini in •the 'Senate
yesterday.
The committee to*which was referred so
much of the President's,Message as 'relates
to' a uniform currency, and a suitable fiscal
agent capable of. adding increased•facilities
in the collection, and disbursement, and se
curity of the public revenue, have had the
same-under- considerationi-ind-begjeaVe-to
report :
• That, after theniost attentive and anxious
consideration of the state of the currency,
and the finances of the government, in all
their interesting and important bearings,
the committee- have arrivesl..at _the. same
conclusion with the , Secretary" of the 'Trea
sury; that a sound and just policy requires
the establishment of a Bank of the United
States witlris little delay as practicable:
The committee have neither time nor in
clination to enter into• a discussion of the
question of the priwer of. Congress, tinder
the constitution of the United States, to es-,
tablish a National Bank. After all that has
been said and written on that question dur
ing the long period of halt a century, noth
ing remains to be added that would fie like
ly to -shed much new light upon it. It
ought, in the opinidb of the committee, to
be regarded as a settled question—settled
by the approbation and judginent of the
People, by the authority of the Legislature,
by the sanction of the Executive Depart ,
went of the Governmerit, and by the solemn
adjudication of the 'Judiciary. If it be not
regarded as a decided questioo, when', in
the collisions and conflicts among men
arisingout of diversity of. opinion and judg
ment, is a controverted matter to be con
sidered as terminated and quietbd . ?
Nor do the committee deem it necessary
to discuss the question of the ,expediency
of establishing such an institution as a Bank
of the , United States. On this there is even
lesti contrariety of opinion than on the for
question. On both, it is the deliberate
conviction of the committee that a-vast ma
jority of the People7of' the. United States
concur; and that ,• they are ' now looking,'
with anxious solicitude, to the deliberations
of .Congress, under the confident hope that
a Bank, of the. United, States estab 7
lished at the present extraordinary session
of Congress. • - -
Passing 'by, therefore, those tiVoques
.-tions-as- being -unnecessary_to:Are-further
argued,, arid - assumini, what the committee
verily believe, thaVa National Bank iii-Ah
',diqpensably, necessary, they .will proceed
at, once, to the particular form, powers, and
faculties with which it ,may be .expedient
the committee have no hesitation in saying
that, confiding in the experience of forty
years, during which the - nation has .enjoyed
the:We* of a National Dank, and during ,
I the.'greatir ,part of... Whic h -it has lodised
(Ivory reasonable hope -and'expectaliOn in
Mil
Mill
POILAITICALIA.
the operations -of; such An institiniOn,..they
came 'to' tha conclusion that it. would be
tvisest . to dismiss , all experinients,'iuid 'to
cling to, experience, 'and • assume the last
charter granted by Congress as the basis of
a new bank; engrafting upon it such restric
tions, guaranties, amendments, and : eondi
tiens, -as have been foOnd necessary by . 4 c.
.tual experience. • . .
. The' Secretary , nf . the Treasury came 40
concluSion; and report, and,
the, draught of a bill Which,acconfPanies it,
.he has taken as his model thonharter grant
ed by Congressin On.that he has
suggested a• great many valuable iniprove
,
.ments, most of Which the committee have
incorporated . in' the draught of a bill which,
they now -report to the Senate. On this
draught they wish to offer to.the: Senate,
son e brief explanations and obseivations,
"he Committee have adOitedlWashin,...-
ton t•ityTproposed by the Secretary of
.the
Treastriii, as the: place of location of the
principal bank. % ...They believe the-place. of
its location is a subordinate question l .but
there are many advantages from the proxi
mity of the Banklo the Government. The
distributien --- of . the capital of .'the bank a;
-mong the several comtnerciateities, in .pro
..
porti Om-to-Abele: respectitre - wafiTS' -an d' - pi agE
nittide,:is -what they naturally desire, and
what will doubtless be:done.. But to guard
against the exercise of ally tiorlue—goverrt--
-oro cialinfluence, or-the-imputation
oleo :unworthy' transactions, the •comniit-:
tee . !aye thought it expedient, to. -deprive
the parent clank of all power to make' any
discounts or loans Whatever; except loaits
to government,. authorized by- express
law. In order to .ensure the command of
the
. best financial. abilities of -the--country, '
the bill provides .that the directors of the
I'arent Board;' ty.hich is to consist-cif . nine
members, shall be paid forth* services by
the corporation;-and all. - compensation:At ,
the directors, in the usual form of bank. ac-
commodations,,is utterly prohibited.
Thus, the dfrectors of theßank at Wask
ington will become "a Board of Control,
superintending: the' bran Ches,
.stiPplying
them with a Currency, and banking exclur
sively through' die agency of :Thar office's
"f h Cal''ut`tiialiank;',piopoiietlb `the
Secretary, ie . retained; . 4044/over:is re
served to-. Congress 'to:atignient- it. by_ the
.a d a i ti on —o fsisven ny:it
aggregate_ amount UltiniatelY to fifty mil
flops oldollars; if .that should be found to,
-be necessary. , . ' • . .
To suard 'against undue expansion of
_
currency by the operations of thcbaitic . , va
rious restrictions and securities - are: intre=
1.. Th - e - dividends are limited to seven
per cent. per annum; and, after accumulo 7
ling a reserved fund, of two millions - Of del- .
lars, to cover loises and contingencies, the
excess beyond that.seven.per cent. is to be
. _putAnto the-public-treasuyy. --And, what- -
ever excess remains at die end of the char=
ter beyond the. reimbuysement to the stock-
holders of the capital - etock,is. also to be
.. id into the •Treastiry. If the dividends
fal es 4 seven per'eentAuring ( any year.
of the charter, the deficiency is to be made .
'good out of th)c surplusses.previously paid
into.the treasury. The effect of this pro
vision •is, to make , a permanent and inva
riable seven per cent'bank stock,_ assuming
that the administration of the bank is con
ducted with integrity and ability.
e--de b is= due to the bank are r
quired 'not to exceed the. amount of the
capital stock actually paid in, and 75. per
cent thereof, which is a greater restriction
than usual. •
Tho' total'ainotint of debts .which the
bank is authoriied to contract, bver .and
above the•deposites,ls not to exceed twen
ty-five millions
.of dollars, yAich, is also .a
greater restriction than . was 'placed :upon .
the late Bank of the 'United States.
3.. The „pnblicity _y11101,48 required-of
the general condition of the bank, and the
full and complete exposure to committees
of Congress, and.,y) the Secretary of the
'Treasury, which is amply secured, of all
the books and transactions s of the bank, in
cluding private accounts.
prohibition of the renewal.of_any
loan; thus putting an end to all mere accom
modation paper,,as far as practicable, and
confining, the bank to fair business trans=
actions. .•
. . .
And 5..,The - bank- is prohibited 'from
making any. fiiither discounts
. or loans
whenever its notes in circulation exceed
three times the , amount of specie - in its
vaults. .
To protect the community and the stock
holders against mismanagement of the bank,
Beveralprovisions have been inserted, which
it is hoped may. be effectual.
1. No paid officer of the bank is to re
ceive loans or accommodations in - any forin
whatever. .
..
. 2. Securities are provided against abu
sive nse of proxies, such as that no officer
of a bank can be a proxy; no proxy can
give more thary39o votes; no_proxy to-be
good
,which' iiiif longer 'standing than 90
days, &c. .• , .
3. A prohibition against the. corporation's
transacting anyotheuthan legitimate bank
ing business;.excluffing all dealing in stocks,
and all' commercial operations.
•4. 'A requisition that a Majority of the
whole number, of the Board of Directors
shall be 'necessary to transact ihe buiiness
of the corporation. , _
5. Ample ° pciiver °to make the most tho
ough examination into the condition — and
proceedingi of the , bank, down to the ac
counts of individuals,-by totally removing
from the Secretary of the Treasury and
committees of Congres s e veil cif secrecy.
And 6..8y denouncin and punishing es
felony the crime of e bezzlement of the
funds of the bank when perpetrated
.by any ,
of its officers, agents .or,servents. °
— 7 - C9neurOng - entireiyin — thtl — yr - rn Jur - IT - 4 - 0i:
pressed by, the Secretary of, the Treasury,
that many vOisev and patriotic statesmen,
whosiropinionsi are entitled to considera
tion and reseeetihave'questioned the pow
-
Or. otSonsreis4M...establish—a—National
,Bank; and that it is desirable, as far. as pos
sible, to Oviste - Objebtions and reconcile
opinions,,,the.ionimittee have attentively.
and earnestlp'.extindned -..the provision, in
corporated itt:theAdraught ofithe bill-of the
Secietaryfio meta to the , branchinirpow-:
_or of the -banl4,-ateithes nould -have been
.
happy - if - they could have reconciled it to
their sense of duty to adopt it. gut, after
the fullest
,consideration, they have been
unable to arrive at that result.
It is not without some hesitatior. that the
committee agreed to the location of the
bank in the- District 'of Columbia. :This
they did because they believed that the
utility of the Bank do not so much , depend
upon the place:of its location as upon the.
capital, facultieS, and the powers which
should be giver to it. But-to insolate it in
this ,District, without giving it anibther
branching power' than such as it might de
rive from the consent of particular States,
would be to, create an enormous District
bank, devoid of effective national character «,
Such a bank would be a bank only of 'the
District of ColuMbia, and its, offices of dis
count and deposite would be nothinginore_
-than - harilarof — ilfe — Statei which might al
low. them to be planted within their respec
tive limits. For all national purposes
Congress might as well recharter one of
the existing District banks, enlarge its cap
ital, and give it atithority to establish offices
of discount arta dpposite in any State that
Would pormit it to be done: _
:corn m
'of bank so constituted - would' netiar:bi
taken ;
and that, if taken, the institution
would be whplly unable to accomplish "tb_;
grea ar, sa . utary.fpurposes for -whic
desired and shouldlie - designed. - 7
But the question of establishing a bank
thus to be restricted and circumscribed in
yolies higher and greater considerations
than those of mere expediency. The Ge
neral Government has or has not the power
to establish a - National Bank. If it has the.
power; it derives - froni it the existing' grants
in the Constitution of . the United States-
The committee. believe it has the power,
and ought to exercise it. But after a con
test-during the last ten - or twelve
. years in
respecrto the constitutional po3i , er of Con
gress, which has been marked by•so much'
animation and bitterness, a forbearance to
exercise the power would be a virtual
render Of the power. ° If a bank ,were to
be. created, .whose 'operatiOns . .tvithin-the
limits of the States ..
Pn tiere._dependeht -not
..;:',.: 44,*7 riFfi rirnitTireiSMlT. u lk pife4tiV
will of each, State,:separately..announced;
the-creation'of - such - ntatik ‘volihridd . ati-%
otherttouS, expiriAnts f
41dd-would --,be-taitta in ou n to a reli n gttWi=
men t the national power, and it• could
never be
-resumed. . • •
power of the Federal Government
is only to be -found in the -giants of the
Constitution„ -Ifolieyare - 7:inadequate ;to
the fulfilment of the great purposes of its
establishment, they can only be increased
in . the mode of amendment which the in
strument itself:has - prescribed. They can
not be augmented by the grants or consent
of any: State 9r States short of the number
of two-third% whose coneurrence is neces-..
sail to give validity to anvamendment. - A
derivation of power. to the General Govern-'
ment from:the consent of particular States
would - be ue‘otind prtneiple;, and the
committee apprehend dangerous in practice.
Admit such consent, to be a legitimate
source of power, the Government would
not 'operate equally in - ail the States, and
the Constitution, losing its uniform charac
ter, would exhibit - en irregular and incon
gruous .. • . ° .
Entertaining these'detiberate views, the.
committee are decidedly of opinion, that - no
gilt rc the establishment or a hifilciTillie"
District of Columbia will be effectual which .
does not contain a clear recognition of
. the
Constitutional power of Congress :to9stab
halt branches wherever, in the United States,
to the public wants, in its judgment, require
,them. .They cannot consent that a . bank,
emanating from the 'will of the nation, - and
itnperatively`demanded . .by: - the neCessities
of the Government and of the nation, shall
'be Wholly, dependent for its useful o era
will.oleach and every S te,
distinctly expressed.
Accordingly, in the draught of a bill now
reported, the right is- , asserted to exercise
the branching power of the bank indepen
dent of the assent of the States., The'com
mittee dare not allow themselvei to believe
that - that bill is free from all defects; but
. they do_ hope that these,. in a spirit of lib
erality, will, be. corrected. by the superioi
wisdom of the Senate and of 'the House,
and that the present session will be signal
ized by the establishment of a national in
stitution, which has become a desideratum
to the general prosperity.. • • •
•- The' advantages which will low from
such an institution, in both our doMestic
and foreign relations, are manifest and in
contestable.
It Will, give the-People a sound currency
of unifortnvalue — throughout the Union,
which is just as necessary - to the successful
operation or r all branches of business' as
pure air pr water 'is to.the preservation of
human life or health. ' •
- It will teviVe - and•extend 'eommercial in
•itercourtin‘iiihich, for the want of a common
medium;has been,. almoit 'suspended be
tween different parts of the Union. -
It will reduce domestic exchange from
the enormous premium', and discounts now
frequently paid to the moderate standard
growing out of the more cost and insurance
on the risk of transporting specie from one
to another part of the Union.
It will, consequently,. save hundreds of
thousinds of dollars now annually lost in
transactions of exchange.. ,
,essentially benefit the manufail
turindinterest by enabling it to realize sales)
and the' proceeds of, sales.
_lt will powerfullY contribute to there-sumption of specie paymenti byjhe banks,
whose,existing delinquency. is The greatest
source rrevailing pecuniary and fi
nancial embarrassinents.. '
: It will greatly tend to pmentand_carrec
the excesses and abtises (Ohs local banks.
It will furnish &medium common to all
parts of the ' 'Union: for the payment of debts
and dues to theßovetnnient ; thus render;
I ing_dittles and:taxpruniforra in fact as well
.811-in—nonic r f- '
It is indhipensable to the convenidht and
successful financial cipertitions . of the Gov
ernment in all the departments of collection,
safe-keepiiigond disbursement! of the pulp!
lie deenue. - - '
are come of Ilia (Limeade .beneffte
which the committee fully believe !ill be
secured, ty a National Bank, 'Those which
appertainito -our foreign relations are 'also
worthy of serious conSideration.
- Ifs.it , be true that money ii power; ,its
concentration tinder the direction , of one
will, lobe or. collective, must augment the
power. A nation, without inch a concen
tration of power, maintaining extensive
commercial intercourse with another nation
possessing it, must conduct that intercourse
on a condition of inequality and disadvan
tage. National Banks, in other countries,
beget the necessity therefore, of a National
Bank in this .country, in like manner as
National Governments in foreign nations
must be met by a National Government in
ours.
Accordingly, we have seen the influence
exerted by the Bank of England upon
Americon- intereets, when those.interests
were exposed to the action of that Bank,
and were left without the protection of the
Bank‘of the United States. The commit-.
tee do not wish to be understood as intend
ing to express any approbation of the cow
-1 niercial operations in which thelPennsyl
i vania Bank, assuming the name of the Bank
Of the United States,_engaged r -when - that
state orthliiii - 1 arose.
'But they - do - nriean to say that the inter
ests •and dignity of the United States de
man d that_they_should-not-be'exiscrJed;tre
yond the necePsary and,legitirnate influence
'rat
HO
- of - monetary and'eorniii - eteral operations,
"the action of a foreign banking. nstitution.
They believe that, without a competent
Bank of the United States, foreign National
Banks may and probably will exercise an
undue, and. probably pernicious influence
upoli our interests.
In tbis view of the case, the question is,
whether it is better that we should be•left
liable. to be materially effected by a foreign
institutioni - in which we have no interest,
over which we can exert no'control, which
is.administered 'solely in' reference to for. ,
eign interests, or lye shall have an Ameri
can Bank, the creature of .ourwill; subject
to American authority, and animated by
American interests; feelings, and symint,.
thiest. -
_The . ..committee ~ couttl„rittc._Ontegoin -- a
it<rtilifliadilk , 'S".7lHiinttlye.itttfit're'fl
erence to the foreign .aprot of Atte Bank;„
theommitteethougheit eipedient to allotit
it,- te_ileal foreign 7 'billsr-of -exchange;
,mthielLare_thc_barorneter_of.the_state_oLotir
foreign trade. ' -
In conclusion, the .committee think it
proper to say that they have given due con
sideration to the various memorials refer
,retl - ffi-theni, anihotQ, s moved
by a' Senator frouri Mississippi. •
They subjoin that whenever, in this re
port,"the Committee is mentioned, - a majo
rity of the conamitteeie_to be_understood.
All which ierespectfullisubmitted.
;Temperance' Departitieiti. ,
PLEDGE OP THIECUMBERLAND COUNTY
- TEIIIPERANCE SOCIETY
WE, THE DNDERSIONED, DO AGREE, THAT WE WILL
NOT USE ANY INTOXICATING LIQUORS NOR TRAFFIC IN
THEIR AS A BEVERAGE; THAT WE WILL NOT PROVIDE
YHVH AS AN ARTICLE OF ENTERTAINAIELIT, OR 'OR
PERSONS ,IN OUR .EMPLOYMENT; AND THAT, IN ALL
SUITABLE WAYS, WE 'WILL DISCOUNTENANCE • THEIR
IHE THROUGHOUT THE coeutuNrcr. . „. •
SEVEN WONDERS OF DRUNKENNESS.
I. That• any rational being should turn
his back on . home—" sweet home"--and
make the, , tavern his abiding place, where .
Tiiii - Eiriemlited to, spend his hard Won
rfioney„ . and, then; when it' is all gone, is
turneCOnt of doors. Is not this a Won
,.der?
2. That he 'should voluntarily take, the
rridney which should - maintain his wife
and children, and give it to support and
adorn the. wife .and_ehildren of thEttavern
keeper,' who in return gives _ him ruined
health, blighted character, and empty peck
ets.___ls.not-this;a--Wonder ?
3. -That- any. Intional being could listen
to the insinuations Of those interested in4hin.
degradation 'and ruin, and take for his ene
mies, the persons who would persuade him
to lobk well to his own home, bis owx
wife, his own: children, his own wealth,
his own character, and his own pocket. Is
no (hill a Wonder?
4. That brute beasts should drink only.
pure water, and that only when they are
dry--and that man, rational man, heaven
instineted, soul-possessing, , iiumortal • man,
should not only drink %Oen he is not dry.
but should prefer for h beverage, Liquid
Fire. Is not this, a Wonder?
5. That when Men are walking in a way
which brings wretchedness on themselves,
-and trouble and distressint,ell about them
—and they are advised to ::•riialte_ithe pathi
there • should be in mueh, diffiCulty as is
found in getting them to TRY. Is not : this
a Wonder? =
6. That a human bcing, wholly depen
dant on the God. that made him, should,
wantonly, ungratefully, audaciously, fly in
the fade of his - Creator- and Redeemer, as
the drunken' especially does, and yet he is
spared not only days but sonietimes'yeays,
before the sentence goes - forth—" Cut it
down, why cumbereth it the ground." is
not this a Wonder?
7. That while drunkenness is emptying
our chirches And schools, and crowding
our Jail's and Bride wells, and while total
abstinence societies are, by'the blessing Of
God, reclaiming many drunkards from their
ruinous habits, the vast majority of .chris-
Alan ministers and oilier professors of re
ligion shoulil,continuolte'llrink those spiri
tuous liquors which mike men drunkards,
and to treat the Total Abstinence cause
with indifference, contempt, or opposition.
Is'not this a Wonder?
EFFECTS OF DRINKING. /
Wine and othe physical exhilerants,
during-the-treablte us-truie-- to --wretchellz:
news which they a ord. dilapitude the strtic- '
ture, arid undOrmine the very . oundationpf
happiness. : No man, pe rk pe,' , was ever
completely miserable, until r he had fled
to alcoliol for consolation. The habit 'of
vinous- indulgence. it....not_more..pernidious
than it is obstinate and pertinacious in its
hold," , when it, has once fastened itself , upon
the Constitution. It is nokto'be conquered
by half way measures. No. criinprornise
with it is allowable: The victoryl over it,
in; orderto be permanent,lnrist be p.erfeot t ,
As loot as there lurks a relic of it
.ut,tbtf
franie, there is ' imminent danger of a re
lapse of this moral malady, from, which
the seldom is, as from physical disorders,
a gradual convalescence. The cure, if at
all, must , be effected at - once ; cutting and
pruning will do no: good ; nothing will be
of .any avail. short of absolute elitirpation.
The man who has been the slave of intern
perance, must" renounce her altogether ; or
she will inSensibly re.rassume her despotic
power.. With such &mistress, -if he seri-•
ously mean to discard her, he should indulge
himself in no dalliance or delay. He.must
not allow his lips a taste; of her former fas•:,
dination. • •
Webb, the noted pedestrian, who , was
remarkable for vigor both - of body and mind,
lived Wholly upon water for his , drink., Hie
Avisone day recommending his regimen-to
one of his friends who loved wine, and ur
ged.. him with great earnestnessjo quit' a
course of luxury by which Ms health and•
his intellect would be equally destroyed. r
The gentleman appeared convinced; and
told him " that he would conform:to his
counsel, and though he could not change ,„"
his course of life at once; he would leaveJ,
off strong liquors by de"grees." ."-By-47---
-greesl" says the other, with, indignati"
"if you should unhappily fall into th,fire
yould.,yon caution your Servantik:4o pull
'.you out by degrees?" Monthly
_Magazine:
From the Baltimore Patriot.
• Temperance.
There appears to be no flagging or fal
ling off in zeal, in the advocates of the tem:
perance reform; on the contrary, each sue :
needing week adds not-only to, the numbers ,
,of those who have , happily renounced the
use of intoxicating limners, but to the corps
of ZealouS and efficient speakers in •behalf
of the 'same great and good cause. The
North_ Baltimore Total Abstinence Society
held another meeting yesterday afternoon
in ; Asquith street, near Pitt;. which was
very ably addressed by three or. four Speak
ers, including the Rev. Mr.•Varden. The
addresses - .of the several gentlernen_ . were
liatenerho'withillemost respectful atten-. ,
tion bta
TvtlEßtiiiiitlrriliratiTarfoleerarituesced
in the truth and justneas of thein.reinarks.-:------
At-tho-coliclisionohe - woithy - Presideilti Of
theSoclayzose---and-stated - to - the - isset:'
binge the important and encouraging fact;___
- VP - at - at a meeting beld — oic - FridaY, at .
Warren Factory, being the first.tem perance
Meeting ever,held at that place, eighty-one -
persons stepped forward and signed the
temperance tpledge, leaving not more than :
four or five inhabitants in the - village who
have not renounced the use of intoxicating
.drinks. These facts-speak volumes in be
half of the-benevolent effostS of those inde
fatigable genklemen - who are laboring-so-as
siduously to free the community of one of
the greatest evils that ever oppressed it .
The Marion
,society also held a meeting
yesterday afternoon at the - Bel;Air market
house. which, was very numerouslyattend
ed, and effectively addressed.: We lear .t a-.
that two, hundred persons yesterday signed
the total abstinence pledge at St.'Patrick's
church, on Fell's Point, after an eloquent
address by the, Rev. Mr. Dollan, the pas
tor.
.
, of the Bishop of NOr
, .wich.
-.. .
• ADVICE TO MINISTERS.
We believe the Minister of the-Protei
tant Episcopal Church innmerica have
not very extensively united with Tempe
rance_Societies,,th we' now many_of
ni p
them are our war pest friends and advocates.
We .believe the ti eis not far distant•when
they trust; all gi us their support and
names.., -We take the liberty to 'ask their
attention to the following advice to the min
isters from the Bishop of Norwich:
--lt is on-temperancesod - Wes — the fulcrum
might be rested, to mita the British nation
to what it ought •to be. Feiv, indeed, can
bear more impartial testimony to their mer
its than myself, inasmuch - As that, for a
considerable length of time, I was opposed
to them, on the supposition that they were
.visionary and impracticable. I have, litftv ,
ever, long, since been a convert, from A
conviction founded on experience and ob- -
servation, that they are most instrumental
in raising thousands and tens of thousands
from degraded profligacy to virtuous and
industrious habits, and
. converting sinners
from the ways of vice to those of religion.
I need scarcely add, that I think every
,clergyman who has the welfare of par
ishioners at heart, and is really, A.alous in
the cause of his profession, ought to give
them his ,support; in fact, in these and all
- other - institutions where-the character of
the people can be raised and purified, it is.
surely the paramount duty of the clergy to
take the lead, and be themselies devoted
,
examples of activity and teal, and by their
exeriiomi uphold our church in the• estima
tion. of the poblic...—Am. Tern. Un. * . -
The partnership heretolbre existing under the firm
of Anderson & Bo gr yas dissolved on this dm by
mutual consent. Thd" books are in the hands of
Richard Auden's% who is duly authorised to collect
the same. 4
RICH D. NDERSON,
PET ET
Carlisle, JUne 9, Ig4l,—L
.The undersigned still continues the 'black 'and
&Rich-smith business, at the old stands, and solicits
a share of public patronage..
RICHARD ANDERSON.
Wood, Corn ood, Co and Ogle .
be received for
Subscription at /his Office. "
BONNETS.
Just:received at the New Store, a large and splen
did assortment 'of English Straw and Florence Bon
net% offered for sale at lowiwices by
. ARNOI) & ABUAMS.
IMII
March' 51,1841.
,
. 'Damask Silk Shit . - •
1 - • coeivedlhli - WroniPhiladelphia, a lot of ele
gaitAilk ahawh. IsTow l 'atyle. •-_ _GILBY.
Cailiale, June s I, 1841 CH AS. O:
'
,_. , .
~
, Prlnce's 'imperial Pojtvgb.*
„ „ ..
A scitteriorsirtloge for cleansing SilverSeAritanaia
Ware, also Brass aad.Capper Ware,just received
by.the subseriberse,- --
„TliiiiiEß . cidin..yAiy.,
May 19,11141.
Bonnets: 'Bon,latin
.. .
' 11 Rutboal 1101 4 1 4 STS,
71kimeerlitiod .) Strat i " , 411 4, 1 a.., m 4114.30
tt new *apply ,of.the neweakauttpe„t, 7. 4 ,
,r, ltd a.
.
for sale cheap at the
40101. . 0. .
. .
, ,_ ,
Jane ;ISt. ' , . • .:4t.s,- ' , . ,
DISSOLUTION.
I=