The New York Herald Newspaper, January 14, 1842, Page 3

49 ail Other haiman measures: Bat ne could not understand the objecuoa to entrust this sy~ to their own government, su! ject to the control of Congress, when those men were willing to give greater powet to ndent corporatioa, as would be done Ly Bank. He trusted in God Congress would settle this long agitated questioa once and forever. He was willing, if he could not get all he wanted, to take the best system he could get. A * Mr. Sevier expressed his sympathy with the whig family in their unhappy quarrels, and condoled with them in their deplorable and disorganized condi- tion. He said commisseration was excited for them in the breast of every democrat. The whigs had quarrelled, and fought, and “* woo!led”” each other until every Democrat was satisfied, but what were they q nemeehag bout = rata er * tosh cy them to read Captain Tyler out of tne Church t— Was it bis portety towards a Bank of the United States! Ae had sanctioned all the whig mea- sures of the Extra Session with one exception, and that session was not avowedly called to create a United States Bank. What then was bis offence? Why were the whig party Ree to this proposed scheme ? It was because it happened to be the pro eny of John Tyler: because it came from the nite House instead of from the Committee Room ofthe Senate, He (Mr. Sevier) was sorry that he must be so uncharitable as to believe that if John Tyler ha d some one of the whig ‘ alk ternative=”—and either died, or resigned, sacrificed his conscience, or said a. the end of the present term he would not be in the way of any body—they would not have heard many of the speeches which bad been delivered onfthat floor. hy, they knew he was not a bank man when he was nominated, and therefore there was no disappointment on that accouat. He was lauded as an orthodox anti-bank maa «ad it was pronounced «3 locotoco siander to say tothe contrary. If John Tyler had adopted ei- ther of the faur aliernatives, the whigs would have discovered that he was “a marvellously proper aman ;” but he was so etubborn as to keep his mouth shut. ‘The honorable gentleman expressed his as- tonisiiment that the whig party could see so many dangers in the proposed scheme, which would be under their control, while they were willing to take a Uniied States Bank and transfer their power to a a Board of Directors. * 7 Mr. Berton intimated his intenion to speak on this bef ee and ‘The Senate then adjourned. liable to be perveri House ef Representatives, Wi av, Jan. 12, 1842. Bu.t—Tue Taxssuay Note Bint quired, soon as the Juurnal wai read, what was the first business in order. The Sreaxen hat the presentation of petitions wader the order of Friday last. Tue Bare! Mr. Friiatone hoped tle House would agree to suspead the order, for the purpose of going into the consideration of the Treasury No‘ Bill; and hoped that @ period might fe mit should cease iio de fixed at which the debate upon it sho then submitted a motion, that the rules should be sus pended, which was agrvedto. He then submitted a re- Solution, that the Treasury Note Bill should be taken out of the Committee of the Whole, acd reported to the House, on Thurstay, at 2 o'clock. Mr. Aruerton o}j :cted to the reception of the resola- tion, and hoped tha; the Committees would be called up- on for rej |. He wished the Committee on the Judi- ciary to have an opportunity of reporting the bill for the pealof the Bankrapt Law, ia conformity with the ia- structions of the House, Mr. Frcumone said thatthe subjeet could not be reach- ed to-day. There was already a report from a Committee on the table undisp sed of, and which weuld probably be the subject of considerable debate before it was disposed of. Ifthe objection was persisted in, he would feel it his duty to move a suspension of the rules, and call for the yeas and nays. Mr. Arnerron still objecting, the yeas and nays were ordered on the motiva to suspend the raies. Mr. Ruerr said he was sure there was very little dis- position to procrastinate, unnecessarily, this debate; and so far ashe was concerned—— Mr. Sranty asked if the motion was debateable. ‘The Srraxer replied in the negative. Mr. Ruert—Cannot { assign a reason for my vote? The Srraxea—No, sir. The yeas and niys were then called, and the vote was annousced—ayes 119, noes 65, which was not a majority of two-thirds, so the rules were not suspended. Mr. Firimore then moved that the House go into Com- mittee of the Waole on the state of the Uniou. Mr. Stanxy hoped not; but that the House would pro: @eedto the consideration of its regular business. He asked for the yeas and nays on the motion, which were ordered. ‘Mr. Parorrit inquired, if the motion did not succeed, would not reports of Committees be inorder? oS a Seeacen— That would ve the next business in or- ler. ' Bey uestion was then taken on going into Committee ofthe noes 92. ‘The House then resolved itsolfinto a Committee of the Whole on the state of the Uaion, Mv. Horxtxs in the Chair, on the bill authorizing the issue of five millions of treasury notes. Mr. Frorp resumed hi, ‘had been said by an Eugtish author that an American thing in twenty miautes, and le was in hopes can Usha Soishing his remarks within that me. In order to decide upon the necessity of passing this bill, it would be proper to Jook at the state ofthe Treasury, and this would also afford a glimpse of what had been done in the way ofeconomy and reform by the new Administration. From a report of Mr. Ewing, the late Secretary of the Tressury, they learned that the expenditures for the year 1340, the Mr, Van Buren’s administration, ‘Were $27,363,475 41. Fyrom the report of the present Se- ereiory ofthe Treasury they learn that the expenditures: for the year 1841, were $32,025,070 70 ; and that the e mates for the expenditure for 1842 amount to $32.791,101, 76. This shows the expenditures of 1341 over those of 1840, to be $4,161,695 29, and those of 1942 over 1840, to be $4,9.7,585 37, or a Littie short of an increased expenditure of fivemillions ofdoliars per annum. From this sample every one would be enabled to judge what might be ex- ae in the way ofreform, retrenchment and economy the present administration. The first act ofthe Extra Session was to take from the Treasury three millions annually. The next was to suthorise a permanent na- tional debt of twelve millions. What a spectacle was there presented! ‘The perty in power boasting of their liberality in distributing largesses to the States, while Government was snesking round, capin hand, from broker to broker, asking relief for the Dg necessi- yies ofthe Treasury without success. re were out- standing Treasury notes to the amount ef seven millions, loan negotiated to extent of six millioas, and e: ted expenditure durias the next year of thir'y twe million and the Treasury of the netion was empty, end its credit One, ag it was not able to raise a dollar on its bon ‘bat aninfluence for evil must the party possess to Work so much in the ten short months they have been in possession of power. The remedy proposed is an is- sue of Treasury Nutes, but capitalists would prefer to invest in a joan. The dilticulty in negotiating a loan ‘Wee aot inthe form of the security, nor would it be changed by altering that form. Th+ money lenders did not doubt the ability of the country to pay its debts, but they wanted confidence in those who administered the Govornmert. They had seen the revenues of the nation div octed from their legitimate objects, and they halseen gant estimates for future expendituges. Me Uggest amod« by which the Government would ieved from its dificult ty in power retracine its steps, aud uadging every mea- sure ofthe Extra Session—restore the laud revenue to the Treasury. Mr J.P. Kewsepy.—It has never been token ont. Mr.Froyp.—Does the gentleman pretend to say that the Distribution law is no! in operation since the ist instant t Mr Kexnepy nodded acquiesence. MrFrovp.—Then restore it even if it is buta single dollar. It is notso much money that is wanted to restore the public credit, as confidence resulting from Lonest action, Reclaim the twenty-eight millions now io” de- site with the Stotes ; repeal tne la g the me squadron, that greatest of all humbugs et ed on that floor, as the Secretary of the Navy did not know where to send hia qa lron, and men could not be found for acruiste from Sandy Hook to Cape May ; re- Y, <h will make ten bankrupts ro one In a werd, carry out the * made {previous to the late Presidential election, of economy, retrenchment and reform. Convince the world of the honesty of your intentions and your ac- tious. and then thers weal be no necessity of borrow. ,ing mouey,or ifthere was it could be borrowed with- out difficulty. He had spoken of the Administration, Without separating the Executive from the Legislative branch, but he considered the Jotter responsible, as the em) irrissments othe country were occasioned by im. proper legislation, a conclusisn of Mr. Flo ud that was by the par- 4's remarks, several vut the chair awarded it to ed by saying, that though the remarks of the gentleman ivania (Mv. Cooper), at the beginning of the tevancy, yet it had since takense widea de incli ling within its ecope the United the Siate bank deposite system, the tariff, ‘ibution Lil, andthe whele exvent of political discussion, that he expected to be indulgetin the semo latitude. Phe. koow him sufficiently well to Know that he eto he hampered by rigid rules, and he went \ emoerstic doctaine of the largest auntingly toldjyesterday that the up, defunct, aud yet the geatle- ruthless vengeance, y. He was not disposed to boast or be the herald of own chi- thet it always g: reed. And there w that when his friends were men- ma it alcy, trait in his chirs tes ‘faced by dan nigh the sword hung suspended over ther heads hair, that was the moment for him to stick th them. The little remnant of the whig party (iat was leit, be wes disposed to preserve— to co! soottored fragments into a lump, like a Tomp of le: 7 aventhe whole lump, and while they were !-/ to desprir of the repablic, but to trust that ! * days would follow this season of loom and « If the whig party was broken up, lie stood wouldonswer the infamous propo- Sitions that were presented bere, and when his physi powers failed we woul! have his speech Marentjeons eid by the clerk very morning,andit would be go in’ igible as to ve understood by every body in the U. Stat even by the people of N. Hampshire. (Li favor of the Treasury note bilan’ bet would sevicn come reasons for t Bat he wished tooff.r Qn amendment to the amendment of the gentleman from peo derwood] that the notes to be issued, should de of any denomination not less thau five dollars. Ifthe; Gould borrow money at six per cent. he woult mue sooner go fora loon than Treasury notes, but this they ‘Were informed con!d net be done, and be was for enabling the Government to dischargo its obligatiany. A party dn thie conntry for (he last twelve years had been eu deavoring wo oxcite the prejutices andhatred ofthe puor agsinstthe rich. They hud emovurnged the foctrin sof ag) svianism —to Tey vat charters, to violate Contracts, to hole, and decided in the afficmitive—ayes 105, remarks from yesterday. It could not establish a monarchy, they placed the veto power in the hands of the Executive, and it was for the exercise of this kingly power, that the modera democracy had their bontires, their illuminations, their ofcannen, and other rejoicings. He was a demo t to the extent that them: jority rule; but, modern democracy was for srampliog upon bligation, and would even violatethe seal ofa so reiga state, to effect its purposes. He wouldsay a word about the dalliance between the executive and the me- deru democracy. It first commenced at the extra ses- sion, when a celleague of his (Mr. A. V. Brown) offered resolutions to amend the constitution in regard to the limitation of the Presidential term to four years—or sin- gle term of four years. His colleague was an able tac- tician, of the Grundy and Polk school, which, he thank- ed God, be did not belong to, that was famous for its tac- tics. When hiscolleague submitted his resloution, up popped another distinguished leader from South Caro ima (Mr. Pickens) and inquired if it was intended to in- clude the present Executive in the contemplated amend- ment, Certainly not, sai colleague. Then | go for it, said the member from South Carolina. This was the starting point, and so palpable did it ere was aul hau, troughout little drama was played by the two distinguished gi tlemen. Forhis own part, he considered it so gross open an insult to the President, that he would have resented itgat the moment, but that there were those pre: sent who from their more intimate personal relations with the Presilent, jon whom he thought the duty of noticing it devolved. But those whom he expected to take this part, were, he supposed, the very ones who had been engaged in the overtures, in carrying the billet. doux between the high contracting parties; (laughter) Shortly after that occurrence some of the Lecos might be seen wending their way to the White House, and then came the rumors of the veto, and bets that it weuld come, and some went 6o far as ot up their yellow boys on the event. Yes, they made bets upou a result that they were certain of... Te show with what feelings the veto was received by the Locos,ke would send tet! 1 which he asked might be read. [T! from the Reading Chronicle extra, @ para- gra h headed, “100,000 guns for President Tyler's veto.”} ‘his wasthe manoer in which the intelligence ef the veto wasreceived by the Leco’s, ‘Fhey made benfires, they bought gunpower, and every little village had its celebration. 1t was a notorious fact, of which he defied a successful contradiction, that on the evening succecd- ing the veto, there was a perfect rush of the leaders of themodern Democracy, as well as the rank and file, to the White House to congratulate the occupant of the overthrow of the will of the people. Captain Tyler thought he was in a pretty good way with the Demo- cracy about that time and thought that affairs were going on swimmingly; but what must have been his mortification at the commencement of the presentSession, when he submitted bis mongrel project, half Sub- Treasury and half Bank, to Congress, and “ Old Bullion? (Breyton) from the State of Misery, (Missouri), denounced it in the most unmeasured terms, {(Roars of laughter.) Then the official organ in thiscity,the Madisonian, affected a greatdeal of grief, aud poured forth its lamentation in a paragraph which alter I nave read it, if the most hardened Loco Foco says he isa Whig President, he has a face as hard asanether millstone. [He here read a paragraph from the Madisonion, in which some Inpgtoacy character among the Democrats is made to : Mr. President, there were originally twelve paces between us; you have taken nine of them, and it will be easy totaky the other three.] Here by the admission of the official or- gan itself, and the paragraph was need ibly written with fie countenance of the President himsclf, that he has takea nine steps out of twelve from Whiggery to Loco Focoism. And then it asks, is this genereus, Mr. Ben- ton? Isthis generous Mr. Buchanan? But these ge tlemen are determined, that alter taking nine steps, the President shall also take the other three ; and the gen- tleman from New York thie morning, (Mr. Floyd] said that the President would sign a bill to repeal the distri- bution law. He hoped the president would go the whole. He had gone too far to come back. He didnet want him to come back, for he considered him teinted with personal as well as political dishonor. Me was going on to show why the gevernment could not get Credit,and it was becanse the party which has destroyed cradit is now in power, and also in, a majority in that house, if the vote of Inst Friday on the proposition to repeal the bankrupt law is a test. Would the Earopean capitalist trust his mooey to the party who are in favor of the repeal of charters, the vielation of c sntrac repudiation of state debis, One of the States (Mi ippi) had already repudiated her det, or at had eiected a legislature, a governor, and two mem bers to this house, who are in favor of repudiating the honest debtof the State. The great leader of the de- mocracy ef Ohio (Mr. Dean) ia his speech yesterday, (fer, after all, his speech contained the bone and sinew of all the arguments of the party, and when strip- ped of its flounces and furbelows, presenta them in their naked deformity,) attributed all the distresses of the coun- try to the one hundred days of whigrule at the Extra Session. They who made these assertions must think them fools, e was going to say,—but it would not be in order—they were great fools themselves. These dis- tresses were the resuliofa system of measures which was commenced several y ear credit and currency of the country. They were told by that great political Juggernaut, at whose wheels thousands were ready to prostrate themselves, to their ownalestruction and that of the country, that the Sta Bank systew had answered all the purposes of the vernment. The banks were tolito discount liberally; disgorge themselves upon the country. The banks in- creased from 909 to 900, und some of them are now Popping aud bursting. He had foreseen this,and told some of his friends that they were riding oa a bubble, which would burst and leave them a total wreck. But the inflated currency produced high prices, and the pros- perous condition of things was attributed to Jackson- ism, andit Wasevery where triumphant. But when the banks began to burst, these very mon who had made so much use of them were the first to desert them and call them the greatest rascals in the world. They used them ops and then they used the hard money system up. The Governmdnt had been in the han political quacks for the last twelve years, and it waa now ix the hande of the greatest quack of them all. He was the real ;Dr. Sangrado, who says his patients must be bled copiously and freely and drenched with warm water. A cempromise had been sent to them, and he was anxious that the select committee should report on that subject as soon as possivie. If he liked their re- port he would support it. if not he would oppose it, and offer a substitute, which he hed submitted to the people ot his district, and it was approved by all parties, beth Whigs and Democrats. If wes said by gentlemen of the other side, that it it had not been {for the extra session the country would not be in debt, when the member from Georgia (Mr Meriwether) had proved in his remar that at the assembling of the extra session of Cou the whigs found the country involved ities to thegamount of twenty-five millions of do! avd no Democrat denied it, They did not,dare to deny it. Mr. Sori of Va.—I deny it Mr. Ansoip —Bring forward your proof, (Laughter. Mr. Sarr of Va—l deny it, sir, toto carlo, andi cual- lange the production of the figures. Mr. Ansorv —Let the gentleman put his denial in writing, and then be will be attended tu, but net other- wise (Great laugater). Why did not the gentleman from Virginis make the denial when the facts «ere presented to the House. He supposed he would say he was not in i This government, for the la ‘ a government of experimen’ nion, the new fiscality was anetner ea periment upon the aferings of the paople. He wos aroused at the plan of reliel proposed by the g: vom New York [Mr. Floy | which was for the whigs to retrace all the steps at th When he asked these gentle- men t f extravagance which they comp! on, they invariably brought up the donation of twenty-five theusand dollars Mra Harrison, the widow of the lameuted Harrison, the first item of extravagance. This was done yesterday by the gentleman from Obio[Mr. Dean). Such a course Was disgracetul, end reminded bim of the prowling yenawhich burrows inte the grave in search of food; of rather they hed heard of the rhinocerous, and that wasthe most Correct figure. [Laughter] And he would say that the man who would attempt to sustain himself by making «ach @ charge of extravagence, had no more respect for himself, or the people of the country, than # rhineceros woul! have. (Loud and jong contioued langkter.) The same men opposed poying the till for the faneral expenses of the Lat resident, though they were contracted by a democrat, General Hunter, the Marshal ofthe District. (A voice,“ Under the direction of th Secretary of State.”) Yes, the Seeretary gave the or but the Marshal contracted the debt.” The loces the whigs had murdered the President, and then they would Lave them c im to the swine, forthey were not permitted to bury hy The modern democrats would have hired half a dozen niggers, he supposed, to carry him to the grave, and with a pine coflin, without knots, through whieh the bouscoull have poked reeds at him as he passed, and then have pitched Lim into a veult on the banks of the Anacostia. Such wusthe party malig nity, that with its fiendish ferocity pursues iis yietlim to the very grave. Let gentlemen that choose go befure the people with euch pretexts as these, and determine to stop the wheels of government, by withholding the supplies. He conid do us long without money as any other gentle- man, who had as little ashe had. “(Langhter.) In 1833, when the land bill was passed, General Jackson, did not vetoit, but he did thet which would have brought the head of an English monarch to the block, ora French movarch either, oreven the autocrat of allthe Rur a. He did not veto the bill, because there was a majority of two thirés, who would have made it the law; but he put it in his pocket, he “fobbed” it. (Langh ter.) After burming the Treesury building to hide their villainy; after burning the General Post Ofliceto hide their villainy, the party in power refused to sanction that bili which would have depleted the Treasury o some of ite superfiuous funds. He would suggest to the honorable memberfrom New York (Mr. Floy«) to bring ina bill to withdraw the moncy now on deposite with the States, ec how many will vote for it. If itis passed, the President will sign it, moreespecieliy if it comes from the democratic tile of the chamber, as Crpt. Tyler saya he has gone three-fourths of the way over. He believed it wea Vulean,or some other of the ancien. philosophers, (loud and prolonged langhter) who said that men should have glass windows in their bosems, 0 that the workings of their inmost souls might be known. Ii thin had been the case with Capt. Tyler, he never wauld have occupied the seathe now does. Many of those who voted against paying the funeral expenses of the lite President, voted in favor of paying the ¢x penses for the funeral of Mr. Hunter, the Tate Assistant Doorkeeper ofthe Honse. That was ed by a auani- ‘ote, but we must not pay (he funeral expenses eve of the greatest men and est patriots this coustry ever saw ; one whose sword « 98 drawn in defence of his e "a rights aad honor, in almost every contest her. mber of Congress diet, even is of very inferior talents, we adjourn, and pay @ eultable tribute of respect to the memory of the departed Bt ifeconomy is our object, there wenid le no ed) une tmnt no furnishing of rape, no long procession of hacks « the public expense, but half a dezen niggers might be ince by attackson the extra session. Tepudiate State vedis, aud vy (ne untversal distrust and want of confidence excited by such a course, had induced the rich man and the capitalist rather to hide his money in the caves of the earth sooner then to trust it to the mercy of an infuriated mob, excited by such revolu and Maerkanteieg, principles. is prejudice was excited ogainst foreign ca) , Whose mo ney hasenabled us to cut down our to build up our cities and villages. This party had great rejoic- ings over the exercise of the veto power, which hed been incorporated into our coustitution by the monarchi- calinfluence in the convention. When they found they ad pln ne coffia tur: eee the House could goon with its business,— a uliarly ora manner, without connexion, « ithout arrangement: , but with great ve eth wonder a1 to ha he continued mantel the Heuse. Hedeprecated a warfor the fi cation of a few marauders on the Border frontier. He said itwas rious matter to get into a w dh constituents did not waut to get into a oh! there were gentlemen at each end of thi who had shaken the dome of that House with tions of McLeed and other affair: d yet one gentle- men hed told him that the Home Squadron was a bum bug. The Distribution and other bills of the extra ses. sion, were all the subjects of his eloyuent commendation, but without @ great currency regulator they were worse than nothing. The public Lands and the Taritf were in review, and he declared that he was sn willing Mgheunaeae ity to the mabobs of the land to luxuriate om the fat of the land, and drink Cham- ed ther wines whose nota wine (A voice was heard to say—eve a teetotal ler?) Ateetoller! exclaimed the honorable gentlema: by ajugfall. (Roars of laughter.) But him remarked with a good horn of “ white face,” he could swallow New Hampshire at a mouth- full, if her granite hills were well greased. (Laughter.) AN Hononante Genttemax—It would give you the gravel, old fellow. (Remewed laughter.) Anotnre Gentirman—If he swallowed the Granite State, he would surely have the Stone. [Roars of Jenghies.] A ‘Hiap GentLxman—Oh, he’s a stomach like an os- trich. “ Mr. Annotp continued to discuss the Peinclnies of free trade. No country on earth had ever adopted the prin- of free trade but old Spain, and she was the most miserable and degraded ceuntry on the face of the earth, except Tex: ne fact he would state, for the infor- matien of the House, and it wasa startling fact—it was this, that the duties in France on one million of our to- bacco was greater than the duty here on twenty-two millions of imported silks and wine. To Treasury netes he said he never had any very great objection ; but he did not like the issuing of m: as it would lead to corruption. It was too easil: He however desi- red to have them in sums of $5, instead of $50, that they might find their way among the humbler people. ir. JR. Incersotx obtained the floor, but there was @ great desire expressed to rise. ir. Stanzey said he hoped the committee would not without some understanding abeut the time when bill should be taken out ef committee. a Mr. Fintmore hoped the House would adopt his resolu- ion. Mr. Griimer suggested that there might be other amendments to be offered, which it was desirable should be passed upon in committee. Mr. Firtaore said his resolution required that all amendments should be passed upon. Mr. Gitmer replied that it ought also be desirable to explain amendments which was prevented by a prac- tice of the last session. A Mr. Stantxy was understood to express his surprise that the friends of the President ‘should wish to amend their own measure. & Mr. Girtmen replied that this bill was not the bill of the friends of the President, but of the friends of the tanLey then the friends of the President are not the fiiends of the ple.—( Laughter.) i Mr. W. Suirx hoped the committve would dispose of the amendment before \. Mr. Goapon said hi before the question was taken upon it. is Mr. Stascey said the gentleman from Pennsylvania, (Mr. sepeell was entitled to the floor. Mr. Mansiat.t moved that the committee do now rise. Mr. Cusnixe raised a question of order. Ithad been decided by the chair that the gentleman from Penusyl- vania was on the floor, and he wished to know whether that gentleman would not lose the floor by yielding to the motion of the gentleman from Kentucky. (Loud cries of ne, no, no. ‘Mr. Mansuace replied that the gentleman had merely ‘iven way for the motion to rise, and he did not lose the oor. The question wasthen taken on the motion to rise, on which 87 veted in the atfirmative. The Committee rose and reported progress,and Mr. Ficionx asked the unanimous ballot of the House to take up his resolution and fix some time to pass on this tofthe amendment ill. Au | parties sch was moved, on which Mr. Stanty called for theayes and noes. They resulted as follows joekee 43, noes 107, the House thereby refusing le ad- journ, Mr. Fitcmone then hoped the question would be taken on the resolution. Mr. Mansatt moved so to amend it as to strike out ‘“to-morrew”’ and insert “Friday ;’. other eentlemen ob jecting te the acception ofthe resolution at all. < Mr. Guppinas suggested that Friday was private bill , and as this was the sixth week of the Session, he hoped no gentieman would obtrude on the business of that day. Mr. Lewis Wituiams said this was of more importance than any private bill. After much confusion the nd noes were taken ou a motion to suspend the rulesto permit the introduc tion of the resolution. The vote was—ayes 104, noes 63, but there not being amojerity of two-thirds the rules were not suspended. Mr. Fittatore, with some warmth, then gave notice that he sheuld renew his motion daily that the country might know with whom the fault lay. rt Prorrir said, andhe gave notice—which was as much ii jer as the notice of the gentleman from New York—that he should move daily for the bill for the re- peal of the Bankrupt Law. A motion was then made that the House again go into Committes on the Treasury Note Bill, and another was made to adjourn, on whieh the ayes and noes were call ed. The result was ayes 75, noes 102. Mr. Fitumoe hoped the House would then go into Committee of the Whole. ‘The ayes and nays were called for but the call was not sustained by the House. An edjournment was then moved, on which the ayes aud noes were cafled, but not sustained by the House. Tellers were demnded, but only 13 rose in favor of the motion, and the House adjourned at 5 minutes past five after an ill spent day. * Baltimore. (Correspondence of the Herald.) Battimere, January 13th, 1842 Mr. Epiron— Many who were present are yet warmly i at the course pursued by Mr. Stokes of Philadelphia, in his lecture before the Mercantile Library Associa- tion on Tuesday night last. His penchant for catho lheism, however, may be accounted for, and some- what excused, when we consider the fact that buta few days since he was united by one of the holy fa- thers to a yeung, beautiful, and blushing Catholic bride. Woman, “in spite of pride, in erring rea- son’s spite,” will, when arrayed in all her pristine lovelines3, at times lead captive the mind of man. Even Solomon was not impervious to her heart- searching glances, and Mark Anthony isa dead lesson of the same melancholy truth. We must give Mr. Stokes credit for having copied his lecture pretty accurately from Boncraft, ‘Johan _V. L. M’- Mahon, and Peter Parley. The addition of the sectariang bias was its great fault. It was uncalled or by the occasion and circumstances. Mr. Burritt, the learned blacksmith, lectures to- night He isa great favoriie, a truly greatman, a pretty fair speaker, and a superior lecturer His bearing is lotiy, and his countenance the index to a inind gleriously immortal. Our money market is dull and tight. Good paper is in request at J4 to 2 per cent per month inthe street. Stocks are heavy, and tending to decline.— Che time has arrived for the different banks to make their annual statements. I have seen that of the Merchants’ Bank of Baltimore, which is very fa This, however, is thought to be one of our sound- est banking institutions. As the time of resumption draws near (if it come at ail) I shall keep my eye upen these monsters, and apprise you of theit first waverings. The aggregate curculation of our city banks on the 4th inst. was $1,110,000. — Exchanges have improved, and are setling in favor of our city. I quote on New York at 3} « Sj pre Philadelphia 1j discount, plenty ; Virginia 3$ a 34 discount; specie 34 prem ; Railroad orcers 14 discount. S . Nothing of interest has been done in the legisla- ture. The bill compel the banks to revume specie payments is made the order of the day for Monday next. A meeting of slaveholders is vow being held at Annapolis. f . Brother Mafiit delivered a lecture last night in the Werleyan Chapel. There was a tremendous crowd. A fight took place in the vesiry room between some rowdies—fire was cried and the women screamed erriffically. ; ; Oar prodace market is yet unchanged in pri- Flour continues at $5.57. Business generally ces is dull. The weather this morning is delightful Yours, Twist. Philadelphia, [Correspondence of Ue Herald J Purcanecrasa, Jan. 13, 1842. Mes. Flynn's Benefit—Rues of Flynn—Outbreak be. tween. Burton and Conner—First Hearing of the Criminal Complaint Against the late U.S Rank Officers—A man with Small Por left to Die—At- tempted Suicide of a Woman—Dempster’s Concert — Stocks. The Walnat Strect Theatre last night, on the oc_ casiongof Mrs. Flynn’s bencfit and debut of tha¢ lady’s younger sister, was crowded to excess in every part. Atthe very low rates of admission jt could not have yielded less than from four te five hundred doliara! From certain givings out, it was thought by some that there would be a musson the occasion, from an intimation that the yonng lady's friends were opposed ty her appearance on the stage. Itis pretty well known now,however, that it was amere ruse of the husband of the beneficiere to excite curiosity, under the idea that audiences are better pleased with somethingin the natural way, than by fiction. Theatrieals are very low 1 know, but I did not suppose that performers would themselves admit that their efforts at the histrionie to draty, tere so unworthy of support. Well, well—Flynn is ayood fellow, and bis wile a better and right glad am I that she bad so good a house” The end must sanctify the means. Though there was no difficulty in the perform- ance at Mrs. Flyon’s benefit, the evening was not altogether without incident. Between the Acts in the performance of the play of “Agnes de Vere,’ Mr. C. Conner, whose benefit had been previously announced for this evening at the ‘National,’ ap- peared befure the audience and stated that a rup- ture or a differeece of some kind had taken place hetween him and Mr. Burton, and that his beneht would not come off at the National as announced; but that he had made an ar- rangement with Mr. Flynn, and that it would take laee at the mentioned (this evening,) at the ‘alnut This was received with a round of ap- plause, fer Ned” was always a great favorite at the American, and will, | have no doubt, have a thundering house. What the precise nature of the difficulty is, I am not aware, though rumer says— whether coming from Mr. Conner or not, is more than I can say--that Burton was piqued at Conner’s entering intoa star engagemont with Fiynn for a week, to commence gagement with Mr. B. terminal rs to take a benefit rested only ona verbal agreement. At four o’clock this afternogn, the late officers of the United States Bank—Biddle, Cowperthwaite, Jaudon, and others—-are to appear aguin before the Recorder, onthe criminal aecusation of Mr. Aus- tin Montgomery, brother to our Postmaster. I do not know that ‘I shall be able to get any thing of their doings in time for the mail, but should I you shall have it in apostscript. These large folks sometimes affect}importance by being behind their engagements, and it may be so in this case. If, however, they appear promptly, you shall know it. We, the descendants of Penn, sometimes arro- ge {0 ourselves a greater portion of his benevo- lence and virtues than we are willing to aceord to th in sister citie: ut should there be a petition of occurrences like the following, I much doubt our ability to maintain the elaiza assumed. A few days ago a family residing in Vine street, above Dillwia, suddenly “moved out,” leaving be- hind them a boarder who was confined to his bed with the small pox. The doors were locked, and a koowledge of his forsaken condition was only ar- rived at by his endeavors to process asaistance. One of the membre of the Philadeiphia bar, who heard of the matter, very humanely procured him ndt here I hope. A fe- male named Cummings, a dress maker, residing at No, 287 Chesnut street, yesterday morning, in a of mental derangement, attempted to commit sui- cide by cutting her throat with a \able knife, in her chamber; when diseuvvered she was much exhaust- ed from the loss of blood. ‘The wound inflicted was not deep, and hopes are entertained of her re- Mr. Dempster’s concert last night at the Mosonic Hall was fuil, gay and fashionable,though not ever- flowing. He was in fine voice and spirits, and ac- quitted himself handsomely Very little was done in stocks to-day, and that little showed no e<sential change in prices. P. S —Precisely at three minutes to fouro’elock, Mr. Nicholas Biddle, Samuel! Jaudon, his brother, Mr. Andrews, and Thomas Dunlap, preceded ty Mr. Cadwallader, Mr. Meredith, and [Mr. John M. Read, their eounsel, entered the court. At the same time, came in Mr. Montgomery with his coun- sel, St. George T. Campbell, Esq. Precisely at four o’clock, the Recerder took his seat, and said he was ready to proceed. The defendants were all called aud answered te their names he wil nesses were also called, as named in the inform: tion, and answered to their names. There was then some inquiry as to who was who—as to who were represented and who were not. The court room was crowded as full as it could stick. Mr. Biddle sat in front of the bar, and I confess, [ thought, appeared a god deal dashed The first witness called was Mr. Tayler, cashier of the Bank. Mr. Read, counsel of Dir. Biddle, here rose, and after some allusion to the object of the prosecution, desired that it short as possible; and, for his client, protfe wilingness, who did not shrink from any gation, that the laws ef the country awhorized, to enter bail, to appear at the Criminal § onee. The same announcement was made in be- half of the other defendants. Mr. Brewster said he concurred in the motion, and suggested that the bail as in the case of Has- senger and Wright, for milar offence, should be fixed at $25,000 each. Mr. Campbell made a few remarks for his client, concurring with what had been said by Mr. Brewster. The Recorder asked Mr. Read, if he understood him to admit that the oath of Mr. Mentgomery car- ried with i', probably cause for binding over. This Me. Read would not admit The Recoiderthen delivered himself somew hat at length, and said noless this admission was made, he could not bind over, and would, therefore, pro- ceed in the investigation. That he was determined to do his whole duty, promptly and fearlessly. Mr. Taylor was again called, and prossedadl te giveevidence. Itwas simply, ahistory of succes- sion of officers in the Bauk, from the year 1827 down to the present time. Sureneme Court or tare Usiten Srars.— Wednesday, Jan. 12.—C. Woodroof, Exq., of Lou- va, Samuel Gordon and John Van Buren, Esqs., New York, and Nathaniel Bagden, of North Car- olina, were admitted attorseys and counsellors of this Court. No 4—Richard L. Watkins, plaintiff in error, vs Oliver Hulman, et al. The argument of this cause was continued by Mr. Key for the defendants in error, and by Mr. Legare for the plantiff in error. Adjourned till tc-morrow, 11 e clock. Awoog the members of the Bar in attendance on the Supreme Court, and in addition to those mem- bers of Congress who are also Counsellors of that Court, may be named David B Ogden, Bsq, of New York, John H. Eaton, isq., (lormerly Sena- tor, Secretary of War, and lately Minister to Spain,) and John Test, mt » now of Alabama, (for- merly a Representative in Congress from Indiana.— Nat. Intelligence ' Uriea, Dee. 20, 1841 The records of the medical school present no instance Acle ty mission, was sud- enly seiz ce, with hoarseness, sore throat, cold chilis, hess of appetite, and general break down. Te w profusely bled, his throat leeched his chest blisters he repidly sunk under the most alarming debility of mind and body ; far from his family, his uneasiness protracted every symptom ef recovery, until he was essured there was no hope. At lengh he was indaced to apply for your Candy. I sincerely say, he had not partaken of oxi package fully bolore he ex: hibited evident symptoms ofcomp iete restoration, and he returned home yestordey Jn full possession of his ha bitual health—bis voice clear, and nothing remaining he was unnecessarily ex- quently for the virtues of dy—and | have pleasure in sub- ny the Reverend gentleman’s parting desir Tovertible fect. Iam yours, JH. JAMES. To Messrs. J. Pease & Son, 45 Division st. P. 8. L obtained the Candy from your agent here, Mr. A.B. Williams. : b envelope of the genuine Pease’s Hoarhound Candy is signed, in full length, Johu Pease & Son Pedlers and confectioners sre pot wppointed agents. Sold by Zeiber, 87 Dock st., Philadelpl ; Redding, No. Siate st., Bostoa ; Robinson, 110 B Balti s being the last night kee Hill, we would a hearty laugh, to em- brace the present opportunity of seeing that popular co- m. ie appears this evening as Return Strong, in is new farce of Cut andCome Again, and as Maw wi in the 6th wet of the Hypocrite,in which he deliver extempore sermon en nea and momners. Such attra tion is f itself sufficient to Hil the house, but in addition to which the never tiring and etfective drama of the Six Deg:ees of Crime is played. We cannot too often urge the youth of our city to witness this drama,the moral tendency of which cannot fail to inculcate a useful les- son in their minds. OG- Custnam THs stan. — but one of the eagagement of Oge Boweny Amriirinatee.—This ia the lost night of T. V. Turner's eugagement. Mr. Turner is univer liy acknowledged to be the most graceful and accom. plished rider in America. The performances commence with the magni of the Tournament, or Knights and Ladies of n which the whole company ear in @ great variety of games and amusements, of unique and peculiar description. other novel ties are unusnally diversitied and brilltant, among which »re the extraordinary classie porformances of the Rivers Femily. fiG- Ancaous comfortable and enjoy arich treat of amusements is all that a conscientious mortal can expest in this world of trouble: so think the greater portion of onr community, who nightly fill this cireus im dense mas To wit feats in th ring uuperalicled in the annals of equestrianism, w would advise every one to visit this elegant and enter taining exhibition. Mr. Stone and the fair Mrs. Gullen repeat, by a vocifereus request, their graceful and truly exquisite Allamande om two horses. A variety of novel entertainments by the unrivalled company, negre dane ing, a set-to, and an amusing afterpiece, are included in @ bill of performance Toesudlty rich, rare and original, and for sale, the fagazine of the € te Londo dies’ Gazette of Fash. jon of Parisian Cos. ashion, thy ‘i's Monthly % 31 Ann street. GF Pauoesce distates the consumptive, or those tronvied with a cough, to use Sherman's Cough Lezen- 4, that cure sooner than any other remed Dr. Sher- map’s Lozenges for conghs, Worms, and headaches, are too well kuown to iire our commendation. They nes sold at the wareho 06 mw street. and by the Dogtor’s agents, 10 wnd 273 Broadway, 193 Bowery, 77 wast Broad way, 221 Bleecker street, and 227 Mulecn st York; Redding, 4 Stare st. Boston: Burgess, 29 South wt Philadel phi Proccediugs oder the Bavuarups Low By the following official notice from the United States Circuit and District Courts, it will be perceived that the Jodgea have made the necessar: sato effect the provisionsof the AFrroInTMENTS. Underthe Benkrupt Act, by the United States Circuit and District Courts, Jan. 4th, 1542. Commissionnns. UF or the City %, New York, Westchester County, Jacob Radcliff, William Nelson. Silvanus Miller, Putnam County. Ogden Edwards, Frederick Stone. James Campbell, Dutchess Coun'y. James Strong, William J. Street. William W. Campbell, Columbia County. Stephen Cambreleng Joseph D. Monell. Kings County, Rockland County. Brooklyn, Je ii i le John Dikeman, Jr. real lee On John Greenwood. pane Williamsburgh, Sullivan County. Abraham D. Soper. Arch >. Niven, Queens County. Ulster County. David 8. Ju Lucas Elmendorf. Suffolk County. Greene County Hugh Halsey James Powers. Richmond County. Thorne 8. Kingsland. ialor Gencral Assignee William C. H. Waddell, of New York. Newspapers designated pursuant to Rules seventy and saventy one : Morning Papers. Courier and Eviquirer, Journal ot Commerce, The Express, The Standard, ‘Trial of Rev, W. Van Zandt, For Seduction, is publishe- in full, with the speeches, &e.,in the Yankee Nation, for sale this day, at No. 31 Ann street—single copies 6} cents. It also contains a large quantity of rich matter, making the la: gest and cheapest of the mammoth sheets published. Evening Papers. Commercial Advertiser, Evening Post, American. A Feast of Reason—Three Beautiful En- gravings! OG- Tue New Worro, for Saturday, January 15 ‘feast ot reasen and a flow of soul.’ will present traly It will greatly surpass all pretended rivals in the variety richness and worth of its articles. To prove this, let facts be submitted toan enlightened public : Contents ron Jan. 16. 1. Ax Onrainat Sexmon, by Rev, Leonard Bacon, New Haven, Connecticut—eloquent and appropriate to the season, 2. Tarveciina Sxetcnes—By Alexander Dumas— embracing “ A Nigh.’s Fishing inthe Alps,” and “ The Salt Mines of Bex”—never before published In this coun- try. 3. Oniain an Poetay—“ The Belle's Appeal,” by Mrs. Osgood, and + Poland,” by Anna L. Snelling. 4. Many Tvpon, or the Passious—A Tale of thrilling interest—by . Flagg, Esq., author of “ Duchess of Fer: vara,” trice,” &c.—five chapt _5 Memomns or Porvian Deiusions—Being the sion of the graphic History of the great Mi Scheme. 6 Invenuocuy CastLe—with a superb Engraving. 7. Acnoro.ts or AtHexs—witha Historical Sketch of the city, and a fine illustration. 9. Sir Francis Cuantrey—A Biographical Sketch. 10 Seixctep Poetay—" The Martyr of the Arena,” by Epes Sargent—* he Death of the Rover,” by Robert Hamiiton—Sonnets by Park Benjamin. LL. Tue Case or tHe Crroux—A powerful onginal ar- ticle on this affair. 12. Rereavor tur Banxnurr Law—With the usual variety of E,itorials, Musical, Theatrical and Literary Criticisas, News of the Day, &e. &c. ‘Tenms—$3 a year, payable in advance ; single num- bers 6} cen For sale by the regular Agents, in all the cities—Of- fice 30 Ann street, N. Y. To Panenrs.—We call the particular attention of parente to a communication in another column, relative to the medical work by Dr. McNair, lately published. It should be owned ia every fumil . We have seen it strongly recommended by some filteen or twenty of the most respectable ladies in Philadelphia, who have con- sulted it in reference to their own children, and believe it to be onc of the best volumes,on the subjects of which it treats,extant.— Boston Post. From the Boston Post.] “MEDICAL SUGGESTIONS TO PARENTS.” Sin—We some time since saw a very interesting com- munication relating to a domestic medical work, entitled “ Medieal Suggestions to Parents and others, by A.H. MeNgir, M. D.,” inconsequence of which we pro cured the work, and havefound it of #0 mach utility in relation to the treatment of ases of so long standing, that we have thought it our duty quest yeu to give this communication a place in you wr, believing that Doctor McNair’s work will be the greatest im- portance, not only to those who are aillicted with What thave been thought incurable mal — but also to the members of the Medical Profession calling their attention to a cause of disease wi has never before been properly‘investigated, and is proved to have been the cause of the prin 5) of those different nervous afiections which ha patfled the efforts of the most learn nity, palpitations, palsy, general debi 5 o work isrendered in so plain a manner as to enable the most unprofessional to apply the remedies described in it, for the variousg diseases, with the greatest succes: since we have been in possession ef it we have been in- duced .o use altogether different means, in the treatment. of chromic diseases, from those to which we had ously been in the habit of resorting. We ha seen anumber of persons, several of whom are delicate nervous females, who have had their heaith restored by applying the treatment described ia the work, also and that too without expense, when compared with the extortionary charges made by injudi cious physicians and impostors. Ia short, we con sider ourselves indebted to the author for the infor. mation we have received from his work, and should suppese thoce who have the work, and tried the treat- ment recommended, would consider themeelves suiti- ciently indebted to the anthor for the plain and disinter- ested ‘manner in which he has made his investigations known, to cause them to recommend it te others. We could relate several extraordinary cases of cnres which have been made by the afflicted themselves alter they had been abandoned by the most eminent physicians, but fear we would be intruding upon your pape WILLIAM STEV LTON, MD. H JACKSON, M. D. N. B—The work contains five hundred pagrs, octavo handsomely bound ; and we see by the publishers advertisement, that itis kept in p mphiet form for the purpose of being sent by mail. Price three dollars. vemuttances are to be addressed tothe Author, No. 3 Mulberry street, Philadelphia. OG- Wr refer our readers to Dr. Felix Gourau t's pre- paration for uprooting the hair. He ealls it * Poudre Subtile, or Penetrating Powder,” and th is no mistake about the fact that it utterly destroys the roots of the hair, and leaves the place where they have been not only free from the deformity but sbove the suspicion that it ever had existed. To gentlemen whose whiskers grow all over their faces, tyis is a great discovery; and tothe 1 8 Who are prone to the indication of mustachios, (as many are) a box of Dr, G's Powder wonld be worth far more than its weight in gold.—Sudday Times To be had at Dr. G.’s olfice, 67 Walker st, Idoor from Broadway, $1 per bottle. 9and 100 Fulton st., Abrahsm B and David Sands 77 Ea Gouraud’s Vegetal parts an immoveable delicate, roseate tint. QG- Amenicax Museum ——The public may bear in mind that this is positively the last week of the large company of Indian Warriors and Squaws which is en- gaged here, and whose performonces are of a most unu- sual and unique description, Jenkins and the Albino Lady appear; also, a variety of other novelties. The Grand Cos moramic Views have all been changed, and the half million of curiosities contained in this ¢ lishment of ¢ ourse render it the most attractive place of amusement in the city. _—__oooOO MONEY MARKET. Thursday, Jan, 13--6 P, m1. The features of the Stock market have been peculiar to day, inasmuch as the high priced stocks have gener ally given way, while those that have heretofore been depressed are more firm. Delaware and Hudson Canal fell 3 per cent, closing at 85, seller 30; Mohawk 1; Har lem §; Paterson {; Farmers’ Trust rose 2 percent; In- diana bonds 1; Mlinois 64; Bank of Commerce, full stock, fell 1 per cent; Canton }. N. ¥. State 4}'s 1 "per cent; salesat75. The Utica and Schenectaty Railroad Com- pany have declared a dividend for the last six months of five dollars or ten per cent per annum, on each sha payable onthe Istof February. The Bowery Savings Bonk—the uwual semi-annual divitend payable on the 17th int The Eric Railroad has, if is well known, been in the habit of issuing tothe contractors on the work accep tances at 60a90 days, in suins from 200 to $2000,payable at the offge in Wall street. These acceptances have been uniformly shaved by the copitalicts t from 2 te 3 percent per month,tntil within 60 days,when they became very cautious ofthem,from the fact that they were understood to be redeemed by the proceeds of the State stock, issued to the company at the rate of $2 for $1, represented to be spent by the company, until $3,000,000 should have been to ierned. As the company appronched the extent of their privilege, apprehensions were entertaiued that the balance of the outstanding aeceptances w ould not be paid This fear has now been renlised, an] a lorge amount have been dishonored. The 6} per cent stock iseued in favor of this company, sell at7, and the company offer 6 percent stock at 96 in redemption of the dishonored certificates. In some cases this offer has been recepted, but in}most cases where small amounts are helt, the pos ors cannot avail themselves without paying the ba nace in cash, This isthe rerult to which the #) stem of issuing State credit to private companies has arri ved. A full iurestigation of the affairs of the Merch Bank, its «ale to Mr. Biddle, and its eubrequent traveler to a company of merchants, is abontto be had in New Orleans. The resolution authorizing the investigetin passed with but one negative, Mr. Dacros, President of srovem. ut Bank, A large amount of the ehecks ‘ommercial Bank on th@ Merchants’ Bank of New the Mississippi,» cy in cfrowlation up of poperthat does not enter into its legitimate circula- tivo, and, therefore, the amount oustanding cannots be uscerteined with precision. 1. Some sales of real estate were made to day of some im- portance, and lots were disposed of at prices much less than in former years,but still at such rates as will nearly fay an interest on such buildings as may be erected on them. The details will be found underthe head of “State of Trade.” The following is a statement of the affairs of the Me- chanics’ Bank of Baltimore, January 3, 1942, and January 3, 1841 :- Mrcnanies’ Bank cr Batrimone. Jan. 1841. Jan, 1842. Ine. Dee. Loans, $47 505 S34 400 —_ Stocks. 1 10.085 —_ Real estate, Se 200 - Spect a Y 70 gat —_ Treasry Notes, 4,000 80,000 Bank votes, Bat - Dee from banks, 218 992 - Liabilities, “Tot9.087 Capital, 563404 5656203 418 — Circulation, = 69 eposiies, se Due banks. = fF Dividenda, &e. - a $1,185,347 This institution has been well conducted, with a view to a speedy resumption of speeio payments. [ts im diate resources and liabilities are as follows, as compared. with last year:— iss. Immediate resources, ‘291,820 liavlines, 641,706 Excess At liability, $250,186 This gives evidence of the prudence and praiseworthy manner im which the bank has conducted ite affairs,an forms a great contrast to the abortive policy of foisting the irredeemable Railread orders upon the people for a currency. The message of Governor Davis has been received, It is occupied almost exclusively with the affairs of the state. 1o relation to the finances of the state he goes into asketch of the progress of ex- penditures and the means taken to meet it, showing that in the time of general inflation the expenses of the state were increased, and when subsequent revulsions in financial affairs reduced the means, a debt of $209,000 was created by excess of expenditures. The laudable course of promptly reducing expenses was pursned, and the result is that there is abalance of $75,046 inthe treasury on the Ist January, 1842, against a balance of $76,661 in January, 1841, after the payment of all claims and refunding money borrowed. This ex- ample of Massachusetts is weli worthy the attention and imitation of not only all the indebted states, but pre-eminently that of the Federal Government. It is singular however, that, while this is the practice of Maesachusetts in her own affair, Governer Davis should advocate the spendthrift policy of the Federal Govern mentin squandering its own revenues, In regard to this he has the following paragraph :— At the late session of Congress a law was passed pro. viding for the distribution saan the States of the pro- ceed@ot the sales of public. lands, end wemey eal, pate considerable addition to the revenue from this soucce which will be at the disposal of the islature, and may be applied tothe discharge of the debt. This measure, which having had the approbatien of successive Co: resses, and having been defeated by the executive will, as at length been matured into alaw by the constitu- tional sanctions, will, [ doubt not, receive; the cordial ap- probation of the people of this Commonwealth. We trust the Governor is not actuated by the unwor- thy motive of getting all they can for the state, right or wrong, without regard to questions of great permanent national interest. The message then strongly advo. cates a high tariff, in_opposition to the horizontal system —on which he remarke as follows :— Ican perceive nothing ina horizontal line of duties which cau recommend it to the favorable consideration of any one, unless it be the fact, that it is more injurious and fatal to us than any other scheme, except a discrimi nation, designed to do us injury. The doctrine seems to be astudied denial of advantages which might be yield ed to all classes, where a division of labor is desirable, without the slightest disadvantage or burden to any one. If it were the work of premeditated hostility, it could not be better devised to undermine the foundations of protection to the producing classes ; and this, in truth, is What most strongly recommends itto such as would? 4 courage foreign instead of home Jabor. The debt of the State is as follows, compared with 1 year:— of Massachusetts, Jan’ Funded debt: +> + +++ 1,365,5 Credit loaced to Compani 5.360,8 Total ceeeeeeee oe eee ee eT 272,339 T7165 ‘The credits have been issued as follows :— Norwich and Woreester Ci $400 000 E 600,009 150 00 100.000 3,700,000 U5) Total. «- +++ betas . $5,355,000 1n relation to this last work the Governor remarks as follow ‘The Great Western Road, which, when the obstacles surmounted considered, must be classed among the boldest enterprizes of the kind in the United States, has been so r completed that trains of cars now run daily through te the North River, i ft Ni ‘The work is thus united to th great line of improvements, nearly completed, which connect the Atlantic with the great lakes, and the lakes with the valley of the Mississipp!, opening this vast country, with its inexhaustible resourcer,to the trade and commerce of Massechusetts, by a line of artificial work comp hot great river for the trade of its noble valley. The meeting of bankrupts te remonstrate against the repeal of the Bankrupt Law was very numerously atten ded. This measure is full of interest, and as the moment approaches for the law to go inte operation, the ex citement of those for and against the law increases ‘There are undoubtedly a large number of unfortunate persons to whom the passage of the Jaw will give great relief, and permit them a 1 to go into business. The creditors of these persons being hopeless of ever collect ing their debta do not seriously oppose them. ‘There are others who possess a good deal of property, but sre um able to pay theirdebts. These might, under a full dis charge from future claims, be induced to give up their property, which would benefit their creditors, The in terests that would be most directly affected by the law are those of the Banks, particularly the suspended ins tutions, These have a large amount of suspended asse with which they makea show of soivency, and thereby maintain a sort of credit, which enalies them to cont nue their business by issues of irredeemab) The law would make fearful havoc ameng thes: and virtually compel settlement, as surely as if those i stitutions were themselves subjected to ils opwration. It was this interest that procured, at the extra session, they exclusion of corporations from the influence of the law, Maturer reflection hos convinced them that they stand sm as great danger asif that had not been the case. They are now anxious tohave the whole law repealed, that they inay still struggle on in suspension. These are supported by the foreign manufacturing and importing interests, which are that of a pop inflation. Itisunly throvghja poper expansion ond general inflation of the cacteney causing prices to rise, that foreign goods can be sold in this market in competition with manufacturer, even without a'tariif. Therefore,without and with a general closing Up of the banks of the south, under the Benkrupt law, there will be little hope o « speedy reexpansion, consequently foreign manufactur. ers must bid farewell to the American markets. It is the fear of thia that causes them to co-operdte so powerfully with the suspended Danks. The paper system is, ond ever has been, anti-American. Under its protection alone can importers and jobbers flourish,and home manu- factures are proportionably discouraged. No more certaim means of reducing the wreck of that system to a speedy level, and leaving commercial affairs on # specie basis, could be adapted than a general bankrnpt law, and had the one passed at the extra session embraced corperke tions, ond therefore have been uniform in the constitu. , at the same time have looked more after the nterest, ite repeul would scarcely have been with any chance of success, Sales at the Stock Exchange. tional sen creditor agit $2000 N V5) percent 75 10 Del Hud — e12mos 88 $1000 {lino Bonds «60 16) 50 do 8 $500 a es Wt 2 ko se Lif Soo00 iy 78 do #10 #2 $4000 it § vo #39 5 $5000 (rdian: 20 Greenwich IasCo 90 $3000 d 40 Manhattan GaaCo 73 $3000 5 Utica & Schenectady 199 $1000 40 Utica & Syracuse 08 $2000 50NJ Kuro = baw 6 $2000 20 Bos & Prot rt 1000 2” do oo 50 do #60 89 000 2» do £05 j neg Scanonle 60 Prove 50 Mohawk Railroad 56 be aed a ‘do AS 8 Quen ~ do 88) 53) 09 25 so slo 57 Save 200 Harlem Rauroad = ‘50 fo awa “ger 190 do aw 8 50 o 30 do 25 no te Bavk so do son 50 0 My 75 do o do %) do Boards Pee 5 Del & Hed vs 87] usage Hate vs a w we os aT