The New York Herald Newspaper, October 23, 1847, Page 3

Uproarious Meeting of the Democracy at Tammany Hall.The Syracuse Convention NominationsThe Wilmot Proviso and the Mexican Whigs_Terribie Uproar and Con- fusion. The democratic State Convention having recently made nominations for State ofllcers to be supported by the democraey at the election in November next, the “ democratio republican electors of the city and county of New York, favoreble to regalae nominations and the ‘Usages of the party,” were called upon to meet in gen- eral convention last eveniog, for the purpose of acting ‘Upon such nominations, and transacting any other busi- ‘Beos tHat might be brought before them. From sundry indications in and around ‘Tammany all, the several ward headquarters during the day, we Were prepared for an exhibition of confusion and riot, such as the walls of Old Tammany have witnessed many atime and oft. Such a scene did take place, for in the Course of our experience we never saw the various elo- ments of which the democratio party is composed in so Perfect a state of disorganization and uproar. All the cohesive power, for which that party is celebrated, seemed to have departed from them, leaving in its place & principle of a totally different character. Without farther preface, we proceed to give a report of the pro- ceedings on this memorable occasion. The doors of thelarge room were thrown open at half Psst seven, and in a few minutes afterwards they were fillud to their greatest capacity. The meeting was called to order by Mr. Broderick, who nominated for President Townsenn Hanais, who, on his nomination being accepted, returned thanks for the honor conferred on him, and promised to dis- charge the duties of the chair in an {mpartis] manner, and tothe best of his ability. The ciroumstances, he wald, under which the democratic party was called to- gether on this oocasion, were different from those that they ever had to take into consideration, and are of pa- Yamount importance to the honor and dignity of our common country. The questions which the democracy ‘will soon be called upon to decide, are not whether this man or that man shall obtain office, or whether this man or that man shall hold office; but the questions which they ure called upon to decide are, whether our country shall bepustained tat prosecuting the present righteour war against our ungrateful neighhor, Mexico—whether our gallant armies, now fighting the battles of their cou: ‘try, stiwll be kupported—whether they shall receive aid and comfort ia the Hullsof the Mcntegumas. Three cheers for the Chairman.” © Harrah! burrah ! burr: ‘The usual uumber of Vice Presidents and Secretaries were then appointed, and the business of the evening was commenced by Alderman Pusser, who said that on the part of the Committee he had a set of resolutions to offer, which he would read with the consent of the meeting. The re- solations were— First, That the democratic party have undiminished confidenos ia James K. Polk. &c , and bail with pleasure the triumphs of tne tariff and warehouse bills, &9, Second, That the demooratic electors are in favor of & vigorous prosecution of the war. (Cheers) That the Government has complied with the dictates of human- ity in prosecuting it, but that it is useless to offer the olive branch again, until the enemy is threshed into reason ‘Third, ‘That in any arrangement with Mexico, the apoliations before the war, and the expenses of the war, must be paid Fourth The fourth tendered to Generals Scott and ‘Taylor, and the gallant forces under t! sincere covgratulations, &c.; and that the living, the graves of the dead would be garlands, ke &e Fitch. Approving of the nominations of the tickets presented by the State Convention at Syracuse. As coon us this last resolution was read, there was a Spontaneous burst of cheering from one part of the house. and of hissing from auother. Ono party (for thers were evidently two) would cheer, and the other would cry, “Put him out,” ko. “Taree groans for the nominations,” and they were ven ann ree cheers for the nominations,” and they, too, wei en. . Thzve cheers for Flagg.” “ Hurrah, hurrak, bur- rah, “ Three cheers for Sants Anna, Jr.—Bob Morris.’ “Harrah ! hurrah! h-u-r-r-a-h’’—and Mr. Morris gets ‘under cover with despatch. Votce—That’s the way my boys. Voice—Ne bunkers here; we don’t want em. “We don’t want no hunkers.”” Signs of a row. Aid. Puxsen—t trust that thoee who differ from these resolutions will not express their dissatisfaction until the proper time arrives for them to do #0; when we come to vote on them. Gentlemen should k- ep quiet. He proceeded with the reading of the resolutions. Sixtb.—The endancy ot the democratic party in the Statv and in the Union has been secured by aah = bia tg bred gion - & This resolation im; it upon the demooratic par- . ty to secure the trlumph not Tealy of Aba desversive Party, but the principles of the party. Seventh —The seventh resolution was in approval of th» policy of 1842. Crain—Geutleman, will you hear the chair for one moment? Will you hear the chai: I say it is not io order at present, to move to lay the resolutions on the table —(‘éreat confusion ) Capt Ryvpexs.—Gentlemen, Fellow-Democrats, will you ullow th» chair to proceed with his remarks. Put him out! Out with him!—He's a Whig—Hurrah ! Hiss—— Put him out! On looking to the point from which the cheering and hissing proceeded, we observed some fitty or more persons dragging and pulling each other, The musses moved towards the door—then back again. ; Capt Rysxpexs—Come to order! Will you come to order, Voice—I move the resolutions be laid on the table. Vorce—1 move they don't. (Laughter.) ‘There was somo confusion here among the friends of the gentleman who moved ior laying the resolutions on the table. and those who wished @ contrary disposition madu of them, in the midst of which there were cries of order from some thousand or more voices Vorce—U ray, the man who fatroducad those resolu- tions had the contract for the Bonded Ware House. (Great confusion und cries of put him out. He's dirorgauizer, ke, &c. Captain Rynders mounts the ros- trum and attempts to eprak out—but isnot heard. } “Pat hun out—put him out.” *x—A plague on both your houses. (Laughter— Grea; disturbance inthe middle of the room—shirts and coats suff ring.) Capt. Rywoxns—Gentlemen: The best way to preserve order. is for every man to keep order himself. him out,” “put him out,” “cut with him,” and the crowd move towards the chair, each man pulling anotber by the collar of the coat, ard Captain Rynder iv agony tbat he cannot preserve order. “Hurrah, hor. rah.” Oe par y gets the advantage, and bustles out ome of their opponents Capt Ryxvens~ Will you all hear the chair? ‘Tue other perty here got reinforcements, and drove the other party back again “Hurrah, hurrah; order Order; why don’t you come to order? give it to him; ham- mer him; go oo, Purser; hurrah » Rynxpeks—How can he go on with this row? Auniu the crowd moved towards the doo h man pulling another, or pulled by another; great confusion; ani wxcene that would puc Babel to the blush. “Fair piay, th: re; hurrab.’? Capt. Rypders leaves the platiorm for Lhe purpose of pacifying the crowd. Punsex attempts to read. “Order”—~ Order.” ‘Hurrah !—Hurrah !?? der” Parser reads another resolution, referring to the victo- ties in Mexico “HED? bil? hey!) “harrab!” “hurrah !? Mr. McKeon attempts to speak. Brady !? * Bendy!) © Brady! Townsxwy Han Prenident.—Gentlemen, | trust you will de juntice to all [Great confusion | Mr MeKwon —What’s the matter? Why all this con- fasion? Wiil you hear me, my friends? But let me be Understood, that! do not expect to please every map re, mt) ure h —“hurrab!? Voice.~~ We don’t want to hear you. “ durreb?— hurrah |”? McKrox —if | displease you, I wish you would come to my office to-morro =f ughter ] [ am going to tell you what democracy is (Laughter }] Now I hold that every mun ought to express his sentiments, and that he should have an opportunity of doing s0.—That’s dem- “Or ecracy. “Hurrah !? “hurrah!” “Order'’—“order.”? Mr. MicKeox —Will you listen to me, my friends. an: I will teli you some of my experience There was one time that I was not allowed to speak here because I oould not agree with every one. But [ wat the thing shanged now, so that both sides aud all sides may be heard. You must bear every man’s Views. and then settle upon what policy yvu will pursue; and theo go at the whigs as one united body. Now, i have c me here to offer you certain suggestions. I be- lieve the leading idea now is the Mexican war. Vorens—" No,? * Yea)? * No”? MeK.ox—A friend says no. Voror—1 euy no, MeK nov—Give us your reasons, Vorc, —Give us a chance, and we'll tell you. MeKrox- 1 yA say something you may not like, but, tk efier | have said somebody offer something as a substitute, and vot down, hat’s the wi “Good ! we'll ou through ” MeKrow.—I hope when 1 am done, you will let some- body speak afer me. Vorex And not koock him down. McKrow.—And not knock him down as you say. (Laughter ) “ Go on, Jobn. Go on.” © Hurry up your cakes.’ McKron —i propose to read the address which | hold in my band. The address was a long document, and re- viewed the dissensions between the party at Albany, which itstated eventually extended to all parts of the States, and were developed st the Syracuse Con- vention, at which after a long struggle, certain esndidates were nominated for the support of the democratio party, ond .as the majority ‘always, rules in such cases, the iainority had to give in. One of the great principlesof the party is submission to the will of the sorjority, and surely we are not now going to trans- gress that principle, and give atriumph to our federal adversuries ‘Tho address then alluded to the course token by the minority of the Syracuse convention, woich he raid would cripple the general government in its endeavors tu bring the war to @ close, and compared their conduct with that of the federalists in the last war, manifested in the Hartford convention, He then spoke of the action of the whigs in the last Congress, and of the Wiimot proviso, and said it was proposed for the purpose of disgracing the ment im the eyes of che world, &o , and asked -hall the war be vigorously prosecuted. [°No,no,” and cheers} Shall indemnity be insisted, apon from Mexico? Are = republicans, ready to maintain the government in ite present posl- tion’ ‘ihe address concluded by impressing on the de- mocraty the necessity of remaining united, and sup- porting the regular nominations, Cries of “Mike Walsh,” “Broderick,” o—" ary be hap: from all en eo house. ir. Braoy 4 Captain Nespens—Oentloman, hear Mr. Brady. unGl Haan, Will you es Mr. Bendy 80 itizens. mig hisses—confusion. “Goon Brady, my boy’ the $36,000?” Cheers and Iaughter. Cart. Rrwpexs.and Mr. Brady wena 30 Sas other. ml don’t you go on.”’ * ” Me Lisnenceel odes tai ass substitute, for them Resolved, That the spirit of demonracy is in favor of extending the bounds at! freedom,’’ but not of slavery, and in favor of prosecuting the war in Mexico with vi- r and success. wae ensued « genuine rough and tumble fight; the re- solution was handled in # very rough manner by a portion of the auditory, who seemed disposed to put him out of the room. ¢ gentleman’s friends came to bis rescue, a neat little sorimmage was the consequence, which jasted for several minutes, during which Mr. Brady remained on the rostrum waiting for oppor- tunity to speak, At one time one of the contending parties would overpower the other. "nd pressit towards er party would then get reinforced and press its opponents towards the chair—each party cheered by its friends as it would gain any advantage This delectable scene continued for some minutes—part of the meeting calling on Reiy£0 proceed with the report—a gun would scarculy be heard in the din and uproar that prevailed Captain Rynders is seen among the combatants, en- aerating to restore order. Order being at length re- stored— Pa Mr. Brapy made another attempt to speak. Fellow- citizens—I suppose that you desire to have some term!- nation. (Gries of ‘No—no—no-o-0-0 ” * No we don’t.” from some parts of the house, and laughter. “ Go on. Brady.” fialt adozen er more of the committee im- plore the meeting to preserve order. Mr. Brapy—Fellow-citizens—* Bah—you said that be- fore.” Give us a variation; sey fellow-sianers’—(Laugh- ter.) Fellow-citizens, if there are any gentlemen in the room—“No there aint.” I say ifthere are any men in the room who desire to ocoupy this rostrum in pi ference to me, I shall be most happy to surrender it t him.—(Cries of “No, no,” “Go on,” “Yes, yes.”— Brady continued: | have no desire that my votce should be heard by these w: within these walls, unless for the purpose of promoting the success of the democratic republican party. (Cheers) And if hascome here with any other purpose, he has no interest or feel- jog with the party. I have heard some of the gentlemen ia tho hall call upon Mr. Rynders; and do you suppore that if he had taken this piace for the purpose of ad- dressing you, that bat not more of a gentle to proceed; or do you know of an instance. in the whole course of my political life, that I ev precedence over any man? At the last meeting in New York which | had the honor of addressing, wy friend Mr. McKeon was opposed to me on a question of public importance, and we debated it in a manner creditable to him, at all events, if not to me. He triumphed at that meeting over me. (Cheering) In that case I was op- posed to Mr. McKeon—a man between whom and my- self there has always existed, since the first time I be. came acquainted with him, the greatest possible bond of friendship and good feeling—but whether it was him or you, or all of you, if I had an opinion toexpresa, I would do it if you were all to express one to the contrary — In this case I with my friend. I come for. ward to sustain the address which he has just read to us, and for the purpose of telling you what | think on the subjects which it relates to, and when I am dene, if it be your will that the question be taken on the re- solutions, and if they be opposed by the mujority, | hope you will recollec. the language of Jefferson, which I trust has not been forgotten by you—that absolute ac- quiescence with the will of the majority is the vital principle of all republics. (Great eheering, and cries of “ Look at the Syracuse Convention ’” {f gentlemen think it becoming to interrupt me in this manner, let them continue; but don’t let the meeting aid them by shoyting. Now it is good many years since I came on this stand and ed- dressed my fellow citizens in behulf of democratic republican principles. From that time to this I have never uttered a word or given a vote that was not for the success of those principles and for the candidates uomi- nated. (Good.) And I am in advance of the democra- tic party. (Laughter.) When | say this, | say it in re- ference to the tariff, and whem | have heard nominations made trom this stand, of persons against whom I had a personal dislike, | never could perceive that I had a right as @ member of the party to object to them. [never did esteem it my right to gratify my private feelings at the expense of the demooratic party. (Cheers.) I had the honor of @ place in the Convention at Syracuse that nominated this ticket { had the honor of giving my vote there as a representa- tive of the democratic party; but I did not vote forsome of the gentlemen named; | did not vote for Mr. Hunger- ford —1 voted for John Ewen, of the city of New York (Noise again and laughter ] When the convention, how- ever, united on a man whoreconciled all divisions, { sub- mitted. When I found the majority had given a deci- sion, I acquiesced in it, knowing that such a decision is binding on the minority. Mr. Brady continued a little longer, and urged the necessity of supporting the regular nominations. After which, The Chairman presented himself, and wished te take the question on the addressand resolutions, amid a perfect storm of cheers, groans, hisses, and alternate calla for Capt. Rynders and Mr. Michael Thomas O'Con- nor, late [ni phe the Irish Volunteer, who was loud- ly called for by the national reform party, Captain Rrvoexs having had stand claimed bis right to be which the friends of Mr. O’Conor opened a con- tinuous roar of mingled groaning and hissivg. One of Mr. O’Conor’s friends here rushed upon the plat- form, woich appeared to be the signal for # general row. and Sccordinglv there was rush from all sides of the room, amid the continued shoutiag for “O'Connor, Rynders,” “ Rynders, O'Connor,” by their respective friends. 'The Rynderites ‘being’ pressed upon pretty tightly by the National Reformers, and some of the abo- litionists who were also in attendance, here made a re- gular sully upon them, and completely repulsed them, driving them to the extreme end of the old wigwam. umid the utmost confusion and noise. In the mélec some of the reformers and abolitionists were capsized and a few knocks down took place. Captain Rynders stoutly held on to bis place during this scene, and made several efforts to obtain a hearing. gesticulating at tne same time violently. The only words that could be heard were— Impossible to be"— demecratic party” —* will stand here”—~ be heard.” Mr. Stnatan hereupon presented himself, being loud- ly called for, Capt. Ryxpexs—Fellow citizer to say to you. (Groans from from Capt Rynders’ friends ) Cuarman—I hay emen, but one question to put — (groans, cheers hisses, amid loud cries for Ryn- ders, O’Conor, Strahan.) The Reformers here upon made another “demonstration,” upon their opponents— Ryaderites ~when they were again stoutly repulsed; and oue of the latter deliberately seized his opponent in the jostling match, by the hair of the head. and dragged him ‘along the rvom, amid the most vociferous cheering, hiss. ing, groaning, aud yelling, that could well be imagined. Cupc Rynveas, in the interim, stoutly demanded » hearing. The Cratnmax—Gentlemen, will you not take the question on the adoption of the address ? A Vorce—No, no! Let us hear O'Connor first. (Here the orles for O'Uc mack were agaiu renewed with vigor.) Crainman—Gentlemen, there are a number of epeak- era wow ready to address the meeting. (G hiewes, amid renewed cries of “Ryaders,”’ ~ O'Connor,” “Rynders ”) Capt. Rynoxns still maintained his position and de- manded to be heard, when he was again received witb groaas and hisees. by the National Reformers, who loud- y for “O°Counor,” “O'Connor.” Having made several renewed efforts to obtrin « hearing—a rally of his fciends took place, and asrembled in front of the platform , loudly cheering him, when another row com. meuced and the Rynderites made a clean sweep of the room, driving all before them across the large area and completely hemmed in their adversaries, again returning to the vicinity of the platiorm. c in Ryxpers eta! commenced to address the meeting; he said, I «now the parties who have come here .o disturb this meeting; I shall not be rowdied by any Set of men; whoever heard that a democrat was pu: town by ® whig jn Tammany Hull’ hero is aa opposi- tion brought here to oppose me, but I shall not be pur down, The National Reformers’ and some of th tioniste, who it would be gam had been holding a brief council of war at the off end of the room to where they bad been driven by their opponents, at this partof the address aden duternsioad sally on the friends of Capt Rynders, who formed a dense phalanx arouud th plat. form, when & general row commenced again, and di and separate fights between twos and three ed took place. We obser one of t! bleeding profusely from the nose ; se torn away, hats fallen off, and many sprawling about, after being knocked down. This apprared to be the arpest contest bad as yet, and blows were freely and smartly exchanged. this time the Chairman and occupants upon the platform were straining their voices to suppress the row. er rome time. the friends of Captain Rynders seemed to have complete possession of the field, and Captain Ryn ders commenced his address, by statiog that he vould not detain the meetiog more than five minutes He stood there as he always had stood upon the broad platform of democracy. He fuily concurredin the views of the learned gontleman who preceded him, Mr Brady and was in favor of tne regular nomination. After briefly adverting to his general course as an unflinching democrat, he introduced Mr. Micwart T. O'Connor, who came forward amid loud cheers from th» National Reform party.—He suid he rhould feel deeply sorry to come forward upon that stand to introduce any topic to disturb or attack the democratic party. (Cheers) The party stand divided upon & question—they differed at Syracuse—they dif- fered about the “ Wilmot proviso,” as it was called; one seotion of the party was in favor of the Government and anthoer party was opposed to it. (H groans, cheers) f the stars of the Union re not —- (hisses) They talked of the property of the nation, (cheers, groans, hisses.) but there was a black veil that hung round the stars of America— Here there was « violent rush made by one of the men in the crowd, who was followed by others towards the platform. which he ascended, and immediately took hold of Mr. O'Conner by the coat, attempting to drag him off the platform, and tearing some of the buttons off his coat. Mr. O'Connor retreated, and several left the plat- form. This was the signal for another general skirmish, and 4 regular fistioufing commenced in varnest. At it they went—national reformors, abolitioniste, Rynders- ites, Iecofocos, and all; and n before did the old wigwam resound with the din and clamor of fight to such excess. Wohad tal place, and fortunately » safe one, in the musi lery, to witness the entire row. Aen of heads were under us, moving alternately from one end of the room to the other, like the angry billows of the deep, according as either party were Tepulsed or pushed forward upon thelr adversaries The main body of either party kept up their assault, while « sort of gue rilla attack might be seen in various parts of the room,by some two's and three’s, and sometimes a half dozen. The “ hard-fisted democracy,” however, eventually suc- ceeded in clearing thelr wigwam, having utterly routed their opponents, whom they deliberately thrust down the otal id some of whom took refuge on the balcony and un jatform. Order being restored the wounded were to be seen in many quarters with bloody noses and ‘Cheers’ — —Where’s Plecedence upon the heard ‘frets upon I have but one word ie Reformers—cheers | such language from amy member of that house. But cut faces, torn shirts and eoats; when hereupon Lonenzo B. Suernenn briefly addressed m b the scene had just |. He con. glory ucaleved b; arms conéurred ia the totion of th» country and the govern- ment. Ifthe 10 regiment bill had not been |, their brave troops would be cut down toa man. It is all very well for @ member of congress, after reading the newspa- | per to go to the capital and vote ist the bill, but he | would stigmatize it as treachery. at this time se- lect @ proviso and attach it to this bill: But he contend- ed that that question of the Wilmot proviso ought to be laid aside until after the war should be concluded. | Mr. Fennon, of Otsego Co., next addressed the meet- | ing in favor of the general principles of the democratic party. He was followed b: he fully | iwio also spoke in favor of the eden ion of the address; when the mveting separated, witl ries taking the question on either the address or re- solutions, General Convention of the Protestant Ep\sco. od Church of tho United States,_House of jogates, POURTRENTH DAY. Evenina Session. * The convention assembled at 7 o'clock, agreeably to adjournment. The President called the house to order, whereupon Rev. Dr. Hawxs rose and addressed the house. He trusted he should be pardoned when he said that he rose under @ feeling of embarrassment. It was the feel- ing which becamebim He was aware that this was a question of difficulties, but not insuperable ones, in his view. Before entering upon the subject, he thought it right to advert to several particulars which might stand in the way of decision They were all fallible, and liable to prejudices. He hoped that he should be ena- bled to lay aside all prejudices, and preconceived opin- fons, and that others might do the same, and that they might approach the subject calmly, f. and delibe- rately. A precedent was about to be establ'shed which was to involve the weal or woe ofthe church He hoped they would act upon this occasion with true moral oou- rage. He stood there prepared to act in view of the so- lemn responsibilities of the subject. As the charge had been publicly made against him, he would publicly deny he originated those ipepcentings which gentlemen had ta- ker e craved the indulgence of the house,and promised them that he would not trespass upon their patience longer than duty constrained him. He hoped hs should speak with calmness, and he hoped that earnestness might not be construed into wrong feeling. He spoke earoestly from the very nature of his constitution. He proposed to consider the subject purely as a question of ecolesiastical law. He would advert to the position of affairs. The dioeese of New York had been for nearly three years deprived of its bishop. That diocese now came before them and solicited relief There were two questions involved in the subject which he proposed to consider in tne remarks he contemplatod— 1st, what was the coudition of the diocese of N. York at that moment ? 2d. what relief could they affordthem? With first queation, he feared that some would h regret, when he stated his conviction that the diocese of New York had been vacant since the sentence of the Court of Bishops was pronounced in 1841. ‘The first point upon which he would call the attention of the he wished to argue the Pointe which he wished to disouss te (being past nine o'clock) he felt unwilling to pase further upon the indulgence of the house at that time, and would tfully ask them to adjourn, and that he might proceed with his remarks in the morning. The house accordingly adjourned to the usual hour this morning. FIFTEENTH Dav Rey. Dr. Mason, of North Carolina, tead the morn- nd the Rey. Dr, Jowss, of Virgimia, the inutes of yesterday's proceedings were read and ‘epproved fudge Cranmer’ House of Bishops, r church. which was r ‘The Chi mitted motion, w Re called up the resolution from the @ to the historiographer of the d and covcurred in. ‘man of the Committee on canons then sub- report embracing two new canons which, on ere ordered to be printed, Moons then renewed the resolution which he offered « few duys since, An invitation of the House of Del to visit the collection of Scripture Statuary, 411 Broadway, was re- that the same be ac- ceived. On motion it was cepted, with the thanks ef the house, ev Dr Heavy Mason, offered the following rosolu- so which was referred to the Committee on the Prayer 00k. Resolved, That the Committee on the Prayer Book be instructed to inquire into the expedienoy of transferri: the comma after the words “Holy Ghost,’ to the wo “ Lord,” in the Nicene Cree: d also the comma after the words “our Goa.” to the ther,” in the first sentence of the ny with its accompanying response, in the standard edition of the Prayer Book. ah ape Rev. Dr. Hawxs then resumed his remarks. After re- Capituleting the arguments Presented last evening, he proveeded to show that by tl tofthe bishop a va- cancy defacto had been created in the diocese of New York, and that it wus not only the right but the impe- rative Wuty of the church to supply ‘that vacancy, and further that the very church to which they belonged, had recognized this principle, Instances to be found where a bishop had been driven from his see by pescesipe: nd the church had put another bishop in ia place. [t was the imperat duty of the church to supply the vacant diocese in the present oase. If they refused to do this, what would be the condition of the diocese? Should the rights of thousands be disregarded out of compassion to # bishop, whose hands were tied — nan maly inthe church? His view was none the less worthy of confidence because it coincided with ancient usage. as he had last evening shown. On the contrary, it gathered strength from the wisdom of the ancients. He instanced the case of Bishop Clogher in England in sup- port of his argument. He also quoted the journals of the general convention of the Episcopal Church of this country—the edition embracing the period from 1785 to 1814. ‘The case in which Bishop Prevost resigned his office, and Bishop Moore was consecrated in his place. Thus establishing the principle, that where a bishop from any cause ceased from the performance of his duties, snother bishop should be consecrated in his place. Twelve years afterwards, Bishop Prevost asked to be restored to the office. The diocese of New York house, was the interpretation of the canon. The church had fixed the penalties, admonition, suspension and de- gradation. No one would deny that these had ever been the punishments appropriated to the clergy. Now what was the meaning of these punishments’ He who undertook to settle their meaning by the rales of com- mon parlance, would err. The word suspension wus here used in a sense purely technical. [t did not necessarily mean temporary deprivation. A definition of the term referred to its extent or to its duration, so thatit was either total or partial, temporary or pe: nt. Some sentences of suspension had a time ani to them, others had none. Dr. H.. now prooveded to quote large: ly fcom @ mags of volumes on the common law, which he said he had examined with special reference to this subject. He craved the indulgence of the house, and trusted they would not despise the wisdom of the an- olents, ‘The works quoted, wereof German, Spanish, italian, Feench and English origin, and all tended-to confirm his views that suspension was total; that whea no time was specified. perpetual suspension was meant. From these autocrit'es he instanced seycral cases of sus- pension, all of which wie perpetual. He cited these to show that this sentence of perpetual suspension was no novelty. But the sentence of perpetual suspension com- mended itself to the common sense of all. ‘l'o suspend for one day was @ very small matter, but tobe suspended for years was no trivial affair. Hence time was the os- sential element of the punishment. This beingthe case, the inference was natural that no time being mentioned, it must be construed as perpetual. He did not wish to be troublesome to the house in reading these authori- ties, but he begged that ay would net be dismissed with sneer, as Salamaca had been this morning, He loved antiquity; wise men venerated and consulted it. He was willing to gather light from all sources, and one of the best sources, the only source on some subjects, was antiquity. He proceeded to consider the objections which had been urged. It was objected that indefinite suspension, or suspension without a fixed limitation of time, was unknown to their church. This was a mis- take entirely. They had settled it by. their own legis- lation. He called the attention of the house to the 34th canon of 1832, relating to the manner of settling differ- ences between presbyters and churches. This canon au- thorized them to arose according to the canons of the church to suspend the olergy from the exercise of any ministerial duties, &c. Here it was obvious that the clergyman thus suspended for refusal to comply with the rer iolettione might stand out in his refusal to the end of his life, aud hence his suspension would be perpetual.— But the House of Bishops recognised both limited and ganeral suspension, as he prooveded to show, by quoting ‘rom the journal of the general convention of 1844. Be- fore leaving this subj allow him to ask, why it was surprising that such punishment as this’ should have been provided for? Was not the church subject to he As long as er h a crime remained, they must have such s punishment as indefinite suspension Now, noe him to turn to the sentence itself. [t would be ‘ne in mind that he had already shown to the conven- tion what was the early understanding on the aubject How far they were to be bound by it, was yet to be con- videred The sentence had nm denounced. He believed a better or more canonical sentence could not have been drawn. He then read the sen- ‘ence, showing that both office and order were dieotly, explicitly, and effectually taken away — The sentence was full. perfect, complete, canonical, sus- tained by precedents, and just as ecclesiastical an any sentence could be, The time of the suspension was that which the canonists had all declared it to be. It was perpetual. Some of the canonists had said thet th term “ suspension,’ without «ualiticatios jas the verest form of suspension. Gentlemen Teferred to benefices, There were no benefices, P ly 80 called, inthe country. He read from one of t! re fae re to show that suspension from orders carried with it the idea of deprivation of the fruits of office Ha wus surprised that gentlemen should suppose that benefices had any thing todo with jurisdiction. and that one of them should go so far as to say that the jurisdiction was the seo of the bishop. Hv denied that the question of jurisdiction had any thing todo with benefice When they touched the benefice, they did not touch the jurisdiction; but when they touched the office then they touched the jurisdic- tion—and touched it in # vital manner, He had heard it asserted to-dey with surprise, that consecration gave jurisdiction. It neither did in the mother country, nor did it in this. He was happy to read from a name dear to all New Yorkers—the Inte Bishop Hobart, who said that the oonnection of a bishop with a particular diocese. avd that everything relating to the jurisdiction of a bishop, was simply & motion of human legislation, Ths gentleman had inquired for @ definition of the word jurisdiction. Ecclesiastical authority had set- tled the matter. It was the right within certain geographical limits and ove: certain people who had designated tho individual to exercise Episcopal funo- tions, when the authority to exercise such functions had been given by consecration. Did the House of Bishops give jurisdiction’? Ifso, he should soon expect to sve the good old doctrines of Rome enforced. ‘The Pope of Rome attended to all such tollies It was preposterous to contend that jurisdiction came from apy other source than the conventionsof the several dioceses. Every writ issued by a deaw and chapter in F.ngland was a coniirma- tion of this principle. His friend trom Maryland said that the Bieho Was not suspeuded from the office, but from the exercise of the office. There wasno distinction between the two in his mind. He had been reading from the old canon law, It might be objected that these ca- nous had not # binding force upon this house, True; but that was not the question. The question was, what was the pinciog force of their own canon, and he intro- duced these because they furnished key for the interpretation of their own. But was it best to adhere to the wisdem of the past, or to throw aside all the rules of interpretation which the clent church bad given them? He answered, this very house had shown their revereuce for those ancient au- thorities, we they ha decided that without their interfer at of the House) they would be bound No declaration that the house should iter the meaning of the canor as un- it was pronounced, Again, it had jentence was allits He never saw in hislife acy thing moro like habilitio principi, Gentlemen claimed that as the sentence was an uncer- tsiaty, the bishop might resume his duties to-morrow — Why sir, said Dr. H., if he should do 40, his punishment is both swift and sure; for he would be brought up for conturmacy without delay. He was surprised to hear where did jurisdiction come from? ly or was it conferred? Dr. Foxss explained that the sentence was a nullity, because there was no power to remit. De. Hawxs said that the power to remit was one of the noblest powers of the church, It implied respect to the attributes of mercy. They should restore the fallen when he gave evidence of penitence. Mercy rproad wide her arms to receive the returning prodigal. But to exercise too much mercy, even to tho penitent, was not the proper province of mercy. He now took the ground that this state of facts which he had related, had crea- ted @ vacanoy in the diocese of New York. ‘There were certain principles which they hold as a check, and some of them he hoped they e should hold, Those which were divine he hoped they ever should hold; one of these | was episcopacy, aud one from which they aid not feel at liberty to depart. This he believed was divine. To se: oure this they had made provision in the ordinal. Thay had also certain other principles of human appointment. The framers of the constitution of the church, he con- tended, never contemplated a bishop without a diocese, nor a diocere without « bishop, when they could get o1 To declare that there was no vacancy, and that the sen- tence of suspension was a nullity, he proceeded to show would tend to overthrow episcopacy. Could the legi tors ever have meant to tnd pon such consequen: Could it be that they intended thus to tear up the foun- dations of the church? [t might be urged in reply to | this, that so far from undermining episcopacy, the: wore willing to have an episcopacy, by having a provi- sional bishop, as they had done fortwo years. But be af. firmed that when gentlemen contended for @ provisional bishop abandoned the great principle tor which they contended, that there was a vacancy; or olse they must abandon the constitution of theirchurch. The standing committee, by their action for two years past, had been proving that the diocese was vacant, whatever bond orguments of gentlemen might go toshow. But, if Did it come natural- | anead. The word] suspension, he apprehended, was not | had the authority of Bishop Sewell for saying, that con- claimed sole jurisdiction in the case, and decided that Bishop Moore was their bishop. Bishop Prevost (as w: understood him) was not restored. He then cited tl case of Bishop Mclivaine, who was elected and consecra- ted bishop of Ohio in the place of Bishop Philander Chase, who resigned his charge. These cases showed then what was to,be done in the pesent in- The diocese of w York was cant, and must be filled. Analagous cases were in- stanced in the history of the throne of F-ngland, and in the case of the present King of the French. The aualo- ay wi trong one, he contended, between the civil Practice, and the high responsibilities of the church. tHe could not subscribe to the doctrine that they might not get light from the common law. His learned friend from Mar: id was himself # living witness to the ad- vantage of a knowledge of the common law, when con- secrated to the service of the church. Office and duty were co-relative terms If the office created the power to perform certain duties, disability to perform those duties removed the person, ipso facto, from the office. He came to the conclusion, then, that the diocese was vacant; Ist, becuuse the canon law showed it to be #0. 2d, on the great prinoiple of the episcopacy, 3d, that it was so de facto; and 4th, on the ground of ccumon sense. He would now ppeceee to consider the objections which had been raised. First. It was asked if suspension and degradation wero identical, why retain the term suspen- sion? One reason was, that there weragcases in which there would be # limited suspension when they would need the term. Secondly. The consequences of a sus- pension were not the same. Thirdly. ‘They found in ec- clesiastical history cases of perpetual suspension—one of which he had instanced last evening further suspen- sion would leave the name of bishop and shield the vic- tim from the secular power, which degradation would net. This was his opinion, though it might be wrong. Degradation was ancicntly attended with numerous humiliating practices, which did not attach to suspen- sion. He 8 literal interpretation of the sentence of the court of bishops, and insisted upon abiding by it. He now proceeded to inquire what were their powers in the present case. They sat not ase judicial but as a le- gialative body, They had not judicial power therefore; they had not the pardoning power either—legislationand advisory U gorllerat 4 we » They might advise the diecese of New York—they had attempted to legislate; heconcurred in the opinion which had been expressed that the report of the joint committee did not come up to the fall measure of their duty by any means. They would vio- late fundamental principles, essential to the well pene ct the church, if on any other ground than this—that there was a vacancy in the dlocese—they shouldattempt to thrust a bishop on the diocese. He objected in toto to the recommendations of the joint committee. He ob- jected in toto toa provisional bishop. They now pro- posed a one-third provision to open a door by whieh oon- victed guilt might aie ty which the bir gp bishop might ultimately regain his position. The tleman from the diocesy of New York Proposed virtually to he most emphatically store the bishop. Cui bono ? asked. Dr. Fonnes craved the indulgence of the gentleman osition which he while he explained the ‘The restoration of the ble ching ; but, of t preferable, In their perplexity, something must be done; and when they were called apon to aggravate the sen: tence which the bishop had patiently endured for nearly years, by making degradation of suspension, he be. the evil which would ensue would be far greater then any which could result from his resto- ration. For, im the one case, the evil would die with the man; in tne other, it would go on thro successive generations. He trusted he was now understood. He would now add what he meant to have said yesterday, that the opinion then expressed was his own individual opinion, so far as regarded the innoce acy of the bishep, or the expediency of relieving his difficulties, He spoke fot no one else, The opinion was solely his own, and he claimed for it more sympathy and more respect than had yet been received Dr. Hawxes was gratified to hear the gentleman's ex- lanation, But why, he asked, introduce a canon, stat. fog that’ the soutenos ‘was “of no effect? ‘Again, he asked, cui bono? They might make what law they upon the true foundation—upon the basis of common law. Yet, as his friend from Maryland had said, they wore to remember that technical terms were not siereo- typed, but that they changed with the progress of time; that they were tolook at things, not words He was | sorry that his brother had taken offence at the sneers which had been thrown out against Salamanca. This author wrote A. D. 1222; an ers Leg bapa yet lence of Popery. In @ certain aspect, the authority a was high; but its orthodoxy had been im- peached, To proceed with what was of graver impor- tance, the first ground upon which his Rev. brother had concluded that the diocese was vacant, vis, that degra- dation oame from suspension, was most unfounded It was « firet rate ecgumnant for Geneva, he admitted. It wns precisely like saying thet episcopacy came from parity, Dr. O then proceeded to quote from sev: ral huge felios in Latin, transleting the for the benefit of the non-classical portion of the audience. From the first of them he showed that suspension came out of deposition, and not deposition from suspension Sus; nn Was consequent, upon the decline of pure re- ligion in the church, and came in with the multipli city of officers; as minor officers came in, minor pun ments were sought out. So muoh for ancient canon law. He would now turn to modern canon law, and see | if it would not serve them better; see if it would not cut this Gordian knot which unfortunately, it sadly puz- uled the wit of the wisest of them to untie. For one he | had but one desire, of wntieing or outting it, | provided he could untie or cut it in consonance with the true principles of equity. He had exa- mined one of the largest collections of works on the oanon law in the country, as he supposed, yet he had not found « single one of the works from which the reverend gentleman had quoted. He was therefore com- pelled, ex necessitate rei, to select works for himself, He had done so from the general reputation of the authors rather than from his personal knowledge. He did not see how the gentleman had made out the case, from all the works which he read, that the diocese was vacunt All that he considered fairly made out was that suspen sion was of different kinds. There were two classes of inflietions upon elergy—poena and censura ; the former applicable to trespasses, and limited as to time ; the lat- | ter to contumacy, and unlimited. He next quoted Van | Espen in reference to the difference between suspension | and censure. [he former differed from the latter in that it did not deprive the subject either of his office or benefice. But deposition actually deprived him of his office. Suspension, however, did not say that any thing prevented him from returning to his off id benefits. Suspension must bave a definite limit. At the request of Dr Ogilby, the house now took a re- cess till 7 o'clock. Sporting Intelligence. Triat or Trortine Stock Sratssons,—Long Island has fora considerable period been celebrated for the excellence of its horses, and a spirit of rivalry has dif- fused itself throughout the entire Island in relation to the merits of the diferent families of blood horses for roadsters and for the turf. This spirit of emulation has manifested itself particularly among the owners of the Abdallahs, the Napoleons, the Almacks, and Henry Clay stocks, all noted as trotters. A match has grown out of this feeling, and on Monday next an Almack and @ Napoleon (stallions) will contend for supremacy in 4 match for $900; three mile heats in harness over the Centreville Course. From the kaown feeling per- vading the island on the subject, we presume o large concourse will be drawn to that place to witness the contest. Fair at C the last day of the at } last opportunity that our citizens will have excellent wast machine, entitlea the La —This is is being the that very ’ Delight we il themselves of it, and examine a part, Weare satisfied that it is the yet invented, that will wash all the hour, aad this it certain! jo. Tt can be ween on the bridge, and Mr. Dobson, the egeut, of No. 13 Morris street, will take pleasure in showing how it operates. ‘The Sunday Mercury, the effects of the late fire, will no: new aud neat dress. from sts old office, Ttis Nassau street if not the very best paper published in the better. If the bottom would fall out at once, we should sooner see better times. The existing depression in the stock market is not warranted by the state of the money market, or of our commercial affairs generally, ‘and « very little would bring about s favorable change. The City Council of Providence, R. I., have passed re- solutions relative to the extension of the Railroad, whieh it is believed will prove satisfastery, and we hope that long before the next annual meeting of the Stockholders, the connection will be established,and an ‘Uninterrupted line to Boston be opened. ‘The amount of specie received by the Cambria, at Boston frx m Liverpool, so far as known by the entries at the custom house of that city, is $21,439. This, probe bly, is ab< ut all she brought, A resolution was offered in the Board of Aldermen, in the city cf Brooklyn, in favor of appointing a special committee to proceed to Albany for the purpose of de- foating,| possible, the passage of the bill, now before the Legislature, having for its object the taxing in New York of merchants doing business there, but re- siding in Brooklyn. The resolution was carried, and the Mayor and two Aldermen were appointed to be the committee. The passage of the bill referred to would not tend, in the slightest degree, to the injury of Brook- lyn. It is very true that one of the principal reasons why so many merchants doing business in this oity re- side in Brooklyn is the enormous rate of taxation they would be subject to here ; but another reason is the re- duced rents of dwelling houses compered with those of this city. These two are the principal causes of such an influx of residents into Brooklyn from this city. The bill before the Assembly, referred to, will, in the event of its becoming law, remove one of the objections to residing in this city, and we msy calculate upon @ more rapid increase in population than would otherwise be the case, There is no justice in throwing the whole burthen of taxation upon residents and real estate owners, when millions and millions of dol- lars worth of personal property are Protected by the laWs of the city, the expenses attending the execution of which, fails entirely upon real estate holders and ocou- Pants of dwelling houses in the city. It isnot right that large holders of personal property, doing business upon that property in this city, should esoape all taxes by re- siding in a neighboring city or village. The object of the bill alluded to, is to defeat the object these non-rest- dents have in view, and we trust it will becomes law and go immediately imto operation, Nothing but this will Teduce the rate of taxes in this city, and unless some- thing of this kind is done, the per cent required to raise u sufficient sum to meet the current expenditures, must soon become very onerous, The suspension of the Farmers’ and‘Merchants’ Bank of Memphis, some time since, created « Grest sen- astion in the vicinity ofadts location, and there bas been considerable anxiety since to learn the result of the in- vestigations, which have since been going on relative to the probable dividend to be expected. A report bas siace been made, and we present it for the benefit of those interested. Fanmens? axp Mencwants? To notes discounted wills of exchange Bills receivable. ar to country subs second edition of the ingle copy. T! rst volume Je Sermons has just been published; the second ow, volume will make ita appearance by the Ist of January, 1818, the Sunda’ Dispateh for this w Sommerville, a thr are the followin thrilling. ato Rose ton; their number ini ; Clippings of al and interest- ‘ariety, ahum- Dest, from the ing; Miscellany *ber ot humorous and sateresti papers, Poetry, &c., &e. EDI COnIAL ‘Nation of So Stage: A hy of the Cholera: 3 Con the " God and Liberty Police Recorder; Musical: ‘The Drama; Weekly Gossip; News of the Week; Local News; Paragraphs, Items, &c., &e.; making nearly thirty co- lumus of choice matter. Price's cents, Office 41 Ann at. WILLIAMSON & BURNS, Publishers. Knox's Hats_Fall and Winter Style—Tne case of Hats and Caps now exrhibiti: Garden, from th io the Fair at Castle tablishment of KNOX, has attracted great e subscribe: u sal sorders ata very brief notice. His Hate are fiusned in tne most workmanlike manner, aud will sand th testof a very hard blow without any danger of “ jets flotants,” yetthey will always remain jet black: KNOX, 128 Fulton street. French Boots..Boots which are Boots, re- tailiog for $4 50, equal to those sold ia other s'ores for $6. $7; fine calf boots $3 50, usually $5, cau be found at Young’s Paris Boot Emporium, opposite our office. Call and see him, where 3 50, wh . Double soled water-proof boots at $4 Jones has the true system of doing bu: light expenses and small profits. All goods pucehuased att Aun street are warranted to &.ve entire satisfaction. Gold Pens.—The New York Gold Pen Com- pleayed on the subject, they could not affect the meaning of the sentence, as understood at the time it was framed and anagem b 4 Again, he objected to @ provisional bishop, on the ground that it would e the right of the diocese of New York.— ‘gued that acancy voided jurisdiction, and refer ed to reveral ci in English legal practice ia proof, He then alluded to the case of lord keeper Williains, who was suspended ab officus et benificus, no time being stat- ed—and who was sent to the Tower of London duriog the king’s pleasure—which he thought was pretty near perpetual. In this case snother bishop was appointed. A provisional bishop would not do. Neither would an asgistant do. He had heard of the man who had nothing todo; and very faithfully he did it; but he had never heard that he had an “assistant” in the business. But nobody would want the office of an assistant in such a case as this, and it might turn out as the proverb ran, “like master, servant,” and the assistant might err sod be suspended. Then they must have another as- ristant. This surely would not be the apostolical suc- cession, no, no. ‘The diocese of New York, he procwed- +d to show, would prefer @ bishop of their owa choice. But the relief must come from the general convention When they were call-d upon to gi lief however, to the diocese, they hada right to ask what kind of lief she wished. He now called for the ding of the paper offered by the gentleman from Pennsylvania, which was laid on the table. The Secretary having read the same, Dr. Hawxe said, that the propositions he acquiesced nized @ vacancy They gave New York what she asked, aod threw upon her t! msidility of filling the va- vancy ing her free to elect the bi ry, now suspend- ed, if she preferred—or soms one else. Having now fin- ished the course of argument which he had marked out he had only to say, in conclusion, that he was con- scious of his imperfections, and did not pretend to any superior wisdom. He had done what he could in light- ing his little lamp, and throwing its feeble light upon «subject which was certainly very obscure, and if the house did not see fit to acquiesce ia his views, hould: uot quarrel with them, He should acquiesce in ever might be the decision of that convention. He hoped, however, that they would abide by correct principles, sad follow the trath, wherever she might lead. There was nothing but truth, which was anchangeabl: id the reason why truth was unchangeable, was Chat God himself waseternal truth. Let them abide by law th They were not safes moment after they abandoned it. ‘yland, then rose to address the 7 good deal of noise and confusion, many members leaving the house, « delegate suggested the house take recess for half an hour, to afford the house suitable relaxation. Mr. Huger, of South Carolina, seconded the motion, with a few remarks in his very peculiar style, which oc- casioned some neuen ths Che Cxain thought the advantages of @ view might ty have been gained. =< The question being then Pat, it was lost. Mr. Evans then proceeded to address the house. He rev- erenced antiquity as much as the gentleman who had jus addressed them; but they lived under a system of iaws fundamentally diferent from thelawsof the ancients; hence the principles of the ancient ecclesiastical law wery not #0 applicable-to the exigencies ofthe present case He argued that suspension was not deposi tended that the true se rd not indefinite in point of time, but that it might 3 penne contained in those in. The propositions recog- knowa in the earliest ages of the church. The word did not come from the Greek. but from the Latin languag it came from the odious Roman canons introduced at a later period. He would not o the reverend gentle- man with unfairness, but the citations which the gen- tieman had made were not decisive. They had not the | context. They were not decisions but citations. He secration gave jurisdiction, This position was easily | proved. The bishop had no jurisdiction until after con- | seoration. Therecently slected bishop of Wisconsin he urged, had mo jurisdiction till day before yesterday, though he was elected sometime previous, confirmation | by the house of bishops gave himjurisdiction. His eleo- | Ave jurisdiction. Ifthe dlocere of jurisdiction, certainly they p under suspension was the bishop of the dio. ese, how then? Here was @ bishup and» provisional bishop coming in. The provisional bishop, then, must. be quasi an assistant bishop, or he could not come at all The sentence and not the fault of the bishop, as gentlemen hed contended, vacated the pany, No. 33 Joho street, corner Nassau, are now manufac- turing & superb article of Diamond Pointed Gold Pens, which wwe acknowledged by those who have tried them, superior to any they have yet used. The improvements which this esta- blishment has made in the construction of these pens, render the points much smoother and less liable to come off than any ‘hose who are in want of « good artiele, should not ail.to eall before Ppsctesies. Gold silver cases of supe- jor styles. No. 33 John street, up stair: of ell best est ers, wholesale aud retail at the lowest price, to be fi in the city. Single pens, with pen cils, 75 cents $1, $1 50, sold elsewhere at $1, $150, $2. Gold pens carefully repaired. ‘The Soldier Literally Considered.—The self- ficing and philanthropic iden that makes man truly great, in hi bt exreer, has different on motives now than in former times among civilized ns. tificial di rogressi' lav of tinsel and tournament that roused lemocrat, the farmer and artizan, once from his legitimate Hing finds but little echo in its enticin music from the hearts of these men, and the transparent veil « gold, of ambitious military leaders, fadesinto chaos before the ominous numeral strength of public Schools Nos, |, 2, 3, &e ‘The soldier should be looked upon as great ine trie and literal sense, for his moral courage and bravery f humanity, not as th re] ranity, and Mrs. Jervie's Cold Cand fice. The bound to consider the sentence final, as deciding tho guilt of the bishop—but. they must not sidered great for hoarseness, sore ¢ cough, cra not from ng ("a la Chinvise’ mere de hambuge ofthe day" "'(C7-Bold wholesale aud retail by Mrs. Jervis, No 379 - way, comer nf White street. hihi: rook! yn ly atgned Jervis. Cold Cui Pat up in packages of Is., 2.,4 and $1 each. Portable Shaving Cases._Of an entirely new and compact constraction d with articles, the size of which do not detract from their usefainess, for min, an elegant aud complete appendage to the toilet, and also pe culiarily adapted to the wants of the travelling publ ¢. For wale at G. SAU 177 Broadway, opposi Pocket and Pen Knives, Razors, ctc.—-A be t of the above can be seen at the subscri- ether with alarge variety of scissors, nail fi ateo! goods. and set Cath Raj und SAUNDERS be SON, 177 Broadway, Howard's Hotel. Winter OB. Albro 4 Co., 118 Division street, between Kldridge and Allen stree! recoud block east of t white winter oil, at only six shi ter sperm oil, warranted to burn brilliant Nig doll [C7 ~Oil cane anle prices, and oil deliver- ed to any part of the city free of expence. MONEY MARKE: iT, | Friday, Oct. 42—6 P. M. The stock market opened very heavy this morning, and the sales generally were at a decline board Penn At the firet | Wania 58 fell off 114 per cent ; Ohio 6s, 4; | Reading Bonds, '4; Farmers’ Loan, 54; Norwich & Worcester, 1; Roading Railroad, | ‘4; Harlem, }4; Treasury Notes, Roading Mortgage Bonds, , and Long Island closed at prices current yesterday At the second hoard Reading Bonds declined \ per | comt; Reading Railrosd, 4; Long Island, ; Harlem, | Mj Treasury Notes advanoed \< per cent. The market closed very heavy, and prices tending downward, At \ Read and Wonder —Among the contents of | the rate prices have deolined during the past week or | | two, the bottom must be reached before long, bulls will come in for a chance, ‘There is a point below which prices cannot go, and some of the fancies are fast tending to that point, and the sooner it is reached Suspended debt... 167,609 $90,224 Amounts due from bis & agents, 171,444 36,194 State bonds of Tennessee....... | 2,417 _ Real estate... ... ...5 + 9500 666 = received for debt.... 79.527 46,903 Bavk stock. 26,550 31,550 Protest 1,799 - 7,021 - 6,820 $1,116,308 Per Contra. By capital stock... . 66... os eee $90,750 Bank note account, Memphis... - vr jew Orleans, . =- nite 1,272 Dividend ss nda un) x Individual dep tors, 80,155 Circulation ... 294 899 $2,059,270 $1,116,388 Outstanding cash Mabilities on 26th May, 164° seeees $968,220 95 The amount due by bani, agents, ko. . .. The excess of liabilities over means, on 26th May, 1847.0... sess se esecesecsses 661,909 63 Curtailment sinoe 27th January, i 26th May, 1847..... ‘ 569.441 31 Being at the rate monthiy 142,360 64 Outstanding cash labilities ber, 1847... s ++ 410,276 00 Due by ban! , on a8 exhibited by statement on the ‘Ist of Oct tober, 1847. cos 608 oveseissa\bne c ARMMMOD 4S Excess of liabilities over means on Ist October, 1847... oats ++ $281,067 67 Curtailment since 26th May, 1847 457944 05 Being at the rate monthly of. . 114,486 00 Notes running to maturity. 161,786 95 Bilis running to maturity... 190,649 47 All paper now under protest stands charged in the statement of Ist October to the suspended debt. Amount of good debts on ist October, 1847, Interest accumulated on good debt. Amount of doubtful debt. 5 Amount of bad debt. .,. ee 141,718 00 Interest on doubtful and bad debt ++ 68,366 70 - by reference to the statement of 26th May, the period of suspension, it will be seen that the cash Mabilities of the bank had been reduced $569,441; being at the rate o $142,360 monthly, with means in the hands of banks and agencies to effect a further reduction of about $217,018 Thus the cash liabilities of the bank, though nominally $368,220, were really brought down to $651,202, The statement of the condition of the Bank on the ist of October, shows a rapid curtailment from the period of suspension. The cash liabilities are, im aggregate, as appears in the statement, $410,276, The balancesin the hands of agents and banks, together with the cash means on hand, amount to the sum of $129,208; leaving an ex- cers of liabilities beyond the cash means nominally of some $281,067, from which should be deducted the de- posite of W. B Partee, of $45,325, deposited for settle- ment, and the further sum of some $21,000 placed in the bank for payments, leaving the real cash liabilities of the bank, on the Ist of October, the sum of $214,742, showing a montbly curtailment of about $114,486 since the 26th of May last. The statement, on the 27th January, shows a suspend- ed debt of only $167,984, while the bank held in reality a protested debt of $693,024, with real estate amounting to $102,087; making an aggregate of $795,116 71, and being $254,915 71 beyond the entire capital of the bank. Upon the protested paper (some of which, though of undoubted solvency, had lain over for years without any attempt to enforce payment) interest had accumulated to the sum of $123,548 50, Upon a most rigid classification of the assets of the bank into good, doubtful, and bad, it is estimated that the stock is worth, after satisfying fully all demands up- on the bank, $86 per share of $100; making no calcula. tions upon $278,476 held under the classifiestion ar doubtful and bad. This debt has been placed under a *pecial management, and already more than $20,000 har been secured by vigilant exertion. Stock Exch Coreen, Treasnry Notes ia x “ ol “eg RR bf ; Soop Uo 52 bs ION $00 Reading FUR % 5000 di 0s 2 do 55} iors Ress MS 3) de bao 36 6 rs lo ite00 oe 749 100 Long Island RR 3000 Ohio 6's, °60 ee bao 28 2000 Il Special a we 4 Fi] 2000 A 600 do 41% 100 do ts oe 10000 Read KR Bde 2% do cash 26 4000 Read Mort Bds 6% 30 Harlem RR bio 4 100 shs Farmers’ Trust 263g 100 do cash 45, 2 0 6% 100 do 20 do 7 700 do 200 Canton Co 20% 100 do 0 do 960 25N O Canal Bk 20 State Bank &2 ” ahs Low 6934 50ahe Farmers’ » ne 100 Harlem RR” b3 4a 5000 do 1015) 200 do “ 100 shs Reading Rit 59 51% 500 do bio 43) 50 Long Island RR 2 ” ¢ bie 44) 100 "do nie 100 lo 44 do 30 28! New Stock Exc! 50shs Farmers Ln 915 26% 50 she Harlem RK “4 ” do um 0 do sou do 2634 100 = do bio 45 nd RR do ry 5 do RR 3 0 wo NY & NHR vin ee 0 Harlem RR CITY TRADE REPORT. New York, Fripay Artennoon, Oot. 22 ‘Tho market for flour remained about the same; but owing to the scarcity of coasting vessels for Fastern ports, sales were rather limited. There were sales of Weatern wheat, with « small lot of Southern, at fall pri ces. The corn market was a little heavy, while pretty fair sales were made at rates barely sustaining previons Prices. Meal remained the same, Barley was firm while rye and oats experienced no change. Further ales of pork were made at about yesterday's quotations Groceries exhibited no material change, while sales wero making to » moderate oxtent. Asnrs.—Sales of 150 bbls. pots were made at $6 50, when the | while penris stood at $9 Breswax — nde at 260. ™BacapsTrrs.—Flour—Salee of about 6,000 » 6 000 barrels, including new Oswego and Genesee, were madq sof 2,000 Ibs. handsome yellow were