The New York Herald Newspaper, September 29, 1857, Page 1

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THE NEW YORK HERALD. = = WHOLE NO. 7698. THE FINANCIAL CRISIS. ween SUSPENSION UF THE PROVIDENCE BANKS, Call for an Extra Session of the Penn- syivania Legislature, errr Condition of Affairs Throughout the Country, &o., o., &D. THE PHILADELPHIA BANKS. ES FUARUleL = rRUUB IN) PH.LsosLPala—- eHINGe GBH WORSE Nv WORRB--WEY THO GOVERNOR DOKS NOT 18BUB B18 PROCLAMATION VROM OUR FEILADEIPHLA CORREPORDANT Pmuapeuraia, Sept 8, 1857. W Gaancie! matiors were be wilacripg on Friday and per plewing on Saturday, they are absolutely distracting to-day, To bo sure there are nut the co+ds about the banking mowees What ibero were op Friday and Ssturday, for the ormesituents of those excited crowds—tne boldere of five eas ten dollar villa—bave qenerally recelyed some equi véient for their notes, and since that (ime they have not eee troubled with freeh supplies of bark paper, for the ‘omoloyers gemarally have been forced to imitate the ez. ample of the panxe and tho saving funds aud suspeed. ‘Seay & poor nan was cowpelled on Saturday to obtain aeedful supplies for his family om credit, or do wittoul L repeet that this class of note hokers of aboot tme bank doors, and tbe streets and the people who now tase an aottvs part i the discussion of the extraordioary povition ‘ a@eire;@re the busines mea who have deca crought @ 6 Geed luck, and who sre anxions for the rerult. 1 telegraphed to you iate on Saturday night that Gover: on Pollock had beer closeted with the pre tdeota cf the rerwas Danks, and thet he had ingimated « wiilingcess to sail & apecial meeting of the Legisiaiure for the paryose of egelzieg ibe suspension, And that ine proclamation would t made pnbilo thie morning. During yesterday tne Goveroor suiborized tuch « ratewent to be made public, eno thie morning the prociamatior was looked for, bat tt dia Ot eppear, apd during tbe forenoon the ducament was sostonsly looked for ee dia pot appear wase _ lery, wbich it hap.ens 40 be in my power tosolve, The fevernor is a partioular friend of Mr, Thomas Alli- duws Prewidept of the Bepk of Pennsylvania. he tater, you will reoolleot, firet treugurated the suspea- fo of specie payMents For this act (whlch bes since hace a0 exieneively imitated) poor Peunsylvaaia was cut Dy! DEF Sister LADKS, and Her notes aad certiied cnecks reve pot received iD deposit. Tno State deposits are kept «be Bavk of Pepnsylyania, and thts reason, backed by +e (tencship of the Governor toward Mr. Allibeas, de ‘e'mwed bis exceliency to dy waoat he could for ibe dis- credited Dank, ani he bes made tt @ condition of nis ‘orig & Prniamation for & | poctal session thet the Baak ow Pennsylvania snali be teken into the sisterhood of veoks, end treated as though she bad never ‘alien from re Yo this bard condition the p-seldeve@ of tue otoer demar, bet the Governor is Arm, and, tte as the ptll ia, ibey will be compelled to evrallow it, for without twa sproiel session and a legalization of the suspentions, We Danks will sit be isid out upon their backs, sold, tak ana ati The proclamation lil be tseasd 1o- qaorrow morning abé the 6th of Oviober will bo the time ved ‘or the arsrmbiing of tbe Legisisture By this o-urse the Gorerner will-win for bimself the thacks of all own the stock of ibe Bank of Pepuyivenia, or eho have bouges up ite vaper aba cigvount of twenty-five oer onut Puce the commescem*nt of the rap on Friday the vanks bave been conavcted as though their affaires woes waraged by @ parcel of ahtidren. Things have pean teue and undone again witbout reasep 0” jodgment; ho owoks would meet logeiber avd determine on » course 464 BO sooner bad the efor rs eeparated than sack would fo opon bie cwp hoox and manage bir aifal-s without re- 4 to the arrangements iyuely deter atped upon. want of vnity was beautifully fllassrated thie morn ag, when ihe baa’s did ever; thiug beter skoiter—some of em charging thelr p licy every bonr and adding w ee porplexities ava distreosions @ith waica every busi ated wep was beret ‘the Bark # North America, for tnsiance, opened with vowed deter nipation to redeom js five dollar notes tp apecie, and mark its obecks ‘good’ Before eleven alaom 16 changed tte tactics, by refustug to pay of ‘ny devemination, and by que bills for ehecks of ay dollara end upwards. ‘bts tire sey wo reneive cbocks at ali, 1° boow thatamount Subsequently warkea checke “ If below fifey di 276 due Dilly for bore shat were above rah Ameriee, iD pUreutng this vaotllating oourse te ota: aaspepsion exiled much surprise, ap it te ths o'd An {D the Ooumsry, auc it hae bitner's doroe an un During Friday and Savurday snis effere sylvania, alinough tn de- per diegrace ynel totions, came ont ep metly thi do! ar pues with specie pay with her o«n notes The other doliar bills with specie, and etthe financial sr@ seco ming more and more ansct whats dey will bring forth Tae rought exciting ne vs of failures, tbe pablic fever wae inrreasod not The question Dow moss mooted is, will Yor’ banks ruspend! There isa great di o ode wre Ne hereby @ brokers are meking & good ting oat of the panic ‘wey are all as busy as bees, and the precious meials are wo per cent premivm, or the paper of oar chy sat per cent discoant, #hichever you marry fonce for dim and after pelt! per ‘That was certaicly protty . Ovr brokers gt Oo per cont for exchange on New York They dra specie from your city anc vail (¢ for tom por cont prem! am Prramuraca, Sept, 28, 1867 ‘The ranks are pursuing ths esme course to-day that they pareued on Batnrday. The Girard Sank is pay'ng out specis on five doliar Dilte, and (he Meobaatcs ead Southwark oa all thetr notes The Rank of North Amerios suspended ebont 11 o'clock , tao tho sc#penrion will row probadly become general. Twawve o'CLocK Mt The Mechan oi’ Bank now redeeme aolve of Ave dollars vaty Tee following peoke alto redeem Oves only: the Con satiation, the Northern Liberties, the Mochanie’ and Mar afeoto| , the Commercial, the Westera, and the ony. Tee Phitadelnbia Bank pa’ s out po specie, but redeeme tbroks @\'b is own notes Own 0’ Ov0cr PM The Pennsylvania Rank t* pow paying out ite own notes “er obroks, Dut refuses apecie ‘ve wecbanios’ and Manufecturers’ Bank |s paying po swecie. ait the benke of the olty have changed their course duce the opening boar, Some of thom refuse te cortify orks but give due dille to deposit with other berks J We jst romored on the street that the Govoracr re ‘ames Wo sue & proclamation sailing the (eg siature to Gor, apless the Peomsylvania Bank ts placed one par wwe other banks, and ber notes received on deport: All te confusion and disorder, but it ls not attended with the en 71107 ent that has exteted in former daye of trouble Evevy kind of business ta completely paralysed, and it 1 impwreible to make collections seston ef the Legisiatore tli be published to morrow o tat depre. mon la wed, venwmiy the arodit cf tamtrial wtereste of the peop! sea aifficiont nection to relieve ihe elarmet ‘ommnnity, werefore | convene the Legislature, meat on ‘the tb of Octoder, and adopt each mea iste aa tbe prevent requires—legaiiz ation of the suspansions—' that tte §=best miereua of the eommanity and Bate will be eub . Th wan maggested at the mecting of the Acned Unie eyoning, that where parties have notes pro- nl coy becanse ney refuse to pay othor thas in par curremoy, % is the duty of the collecting bank or agency we have thet fact made aa pubile aa the proteat, ‘The Presidente of the banks bave agreed to restore th Bank Of Ponoxyivania te a position at the clearing house and to rootive ite notes and discount liberaliy for thelr ceatomere. Had this been sooner done there would have ‘pean no ruspensions. The Board of Trade have determined #0 call a mooting (or &@ pobiic expression of the various business inleresis of the sity. THE BANKS OF: PITTSBURG. Pretancna, dept, 28, 1867. The bank exoliement ie mubsiding The Mechanics’ Peak Muapenced this mor Businose ie entirely pare ty eed rx o'Onoex P.M thik Oty, Ith the exoepiow of the Pitts vended All tho bi sone fen The or Ive Mowe of tho barks to day adeptet reso MORNING EDITION—TUESDAY, SEPTEMBER 29, 1857. tutions im substence as fo.lows:—That the temperary sue pension of the payment of coin te nocerrary to protect ba eimeve men, 11 ensbdng the bank» te cuntinue the diso ant tog of local paper, and teat the oarhiers of the respective banks are poremptorily instructed vy the Boards of Direo- tore to vesume when similar action is adopted by the East ore banks, ‘The excitement has nearly subsided. THE BANKS OF TRENTON, N. J. tamvton, N, J., dept. 28, 1867. ‘There is scarcely any run uion our bake this moraing, and the excitement has subiiced. Some of the depostiore whe drew specie from the banks om Saturday wo day re- turmed It again. All tbe Danks of New Jersey, ao far as advised, are pay- ing specie and stand firm. Oar citizens are in high spirits at the prosperous look of Wings. Bex o'Otoce P. At m meeting of the directors of our banks this after- noon, tt was resotved to continue specie payments The anount paid ous todsy was full three fourths jess than Saturday. The different Boards bave expressed their ability to weet all demsndg promptly. There have been no failarcs amoeg business mon to day. THE BALTIMORE BANKS. Baitimoas, Sept. 28—6 P.M. We have no material onange + report in momey matters to-day. The banks, ip some instances, redeemed “ fren” as a matter of acormmodatton. Specie commands « pre wium of seven w len per cent in exchange for Baltimore fonds, THE WASHINGTON BANKS, WastinGros, Sovt. 28, 1867 The trustees of the Bank of the Metroyolis say that the panic creatod by the suspension of other Danks baring created much larger demands than wore anticipated, ibat Abat institution is ander the painful necowity of suspend ing specte payments for the present The trustecs remark that they will maze every exertion to resume as speedity as possibie, and that the bank paid out about $6,000 in specie on Saturday. i The Bank of Washington and the Patriotic Bank, both of which paid small sums on Saturday, have now altogether ‘suspended specie pay monte. The savings banks pay either in the bills of the banks of the city or Virginia money, and demaad the six days no Moe from-depositors. Virginia money 1s selling hore st discount of five per cent, and the tendency is still downwart. Business is pearly paralysod,and unourrent money \s altogether unsaleable. THE VIRGINA BANKS. THE BANKH IN ALEXANDRIA. ALEXANDRIA, Sept 98, 1087. ‘The bonks bere will not allow arun They ave paying out swell sums only THE NORFOLK BANKS. Noxvouc, Va., Sept, 28—6 P Wf. There bave been no suspensions among our beaks = AL prebepslons are eniertaine? that s run wil! be made by foreign brokers upon the banks to-morrow, but they fee! secure Some fecling is manifested about the Baltimore ‘and Pbiledelphia suspensions, but so far all the banks hore are frm. THE BaNKks# IN PerEeuseCRe. Parerannc, Va, Sep 2-97 af, There is considerable eaciteme' @ in regard to the svapensicus North, and some uneasiness is manifested by srrall dealers, There fs no inii@mation of suepensioas bere, end up t 1:30 o'clock P. M. all demands bad been paid by the bats TEE BANKS IN BIOHMOND, Rucraonp, Va , Sept 98, 1867 ‘The bavks here are paying specie generally. {tis be. Weved that they baye determined to goon. There is no run yet, ‘Both the banks in Stauntag—the Central and the Bask of Sere sare eee” Nuwm o'0Locx, P. a. The demand on our beaks \o day was moderate, and wey all closed wits a Orm footing nd a determination not to suspend. They refuse to take on deposit the notos o any of the suspended Virginia banks ‘The Konticello Bank, of Charictieville, suspo2ded to-day, ‘and it (se reported that the banka in the State west of Lyach borg have also suspended. THE BANKS IN WILMINGTON. Wiaiscros, N U., Sept 28, 1867 There is mo excitemen®: bere, as the banks are perfootiy sound. They will coptinue as bereiofore, but their fatare action will »e determined by that of their neighbors THE SOUTH CAROLINA AND GEORGIA BANKS. Avouwta, Ga , Sept 28, 1867 ‘The South Caro tna and Georgia banks are all rigns. Che question of suspension is not entertained. THE SAVINGS BANKS OF ALBANY. AURASY, Sept. 98, 1867, There is a slight ran opon tho savings department of the Albany beaks by the small dopositors this morning, but we have aot a 10 iastance of withdrawal of valances cxo*pt io the savings deparimonis, or of prossure on specie by biltmolders. The banks scom all quiet ex confident here ‘Six ©’ iocn P.M, Daring the day quite ® number of small depositors withdrew their balances from the Ajbany Havings Bank, and a large number of persons gathered ab out ibe build. tng, having 00 business there, but atirac.od by idle cario sity. The amount paid out was pot largo,and during ihe day severa) derosite wore made, simply as an expression ‘of public confidence ie the bank, swelling the aggregate Gopoaita above hose of any former day within two weeks 2 20tloe was posted oa the doors that the vank would be kept open anti! five o’olook eect day for the secommoda tion of depositors, unt further notice Befere that hour to-day the excitement began to ooo! down, and (be dauk did pot close ite doore saill no further cheoks were pre seme 1. Thore was no apparent pregsure in any other depart mentef business, and no cal! on any one of the banke for epecio.cduring the day, exesp. tn the casce of the devings’ depostiors. THE ROCHESTER BANKS. Kocamerm, opt 28~6F X Alla quiet here All our bapes are paylag specie a ‘agual, anc all reports to the contrary are fase THE PROVIDENCE BANKS. Paovinanca, K. L, Sept 28, 1867 ‘The bake af P ovidenoe have revolved to suspend apo clo payment ‘The liabilities of the banks to the pubic ‘are not over 95 per cent of their capitals. CHE BOSTON BANKS. Boston, Sept. 28-6 P M. The annouocement sent you at noon to day tha; the 4a: folk Bank decline’ to redeom the bills of New Kogiwmt coontry banks reqtiree modification. isda trae thas the Saffolk Rank refused to change country money for indi viduals, for the alleged reason that the amount was groster ‘than the clerks could attend to, but all deposita of om.niry money in other city barks, sont to the Suffulk in the oourre € business, has been promptly redeemed during tha day ‘The country banks are generally woll protected, and wil! undoubtedly retain the public confidence. There is no visible change 'n Anancial matters from last ‘Satarday, bot there has been less exciemen, agoug 014) nese mon, KH ia thought the banks of Boston aud Yow Fnglané will weather the crisis. Mocks are gonerally dull, but popular raliroal invert mente olesed firm. Quite ® decline has been expertenood in bank 400k Money la atill soarce, at unchanged rates SUSPENSION OF A BOSTON PUBLISHING HOUSE. Bowtow, Sept. 28, 1867. Mesars. John P, Jowett & Oo., book publithere here, have fuepended, Their lisbilitioe amount to about $100,600. SUSPENSION OF A TROY WOOL HOU3e Troy, Sept 28, 1867 The inflvential woo! firm of Herrington & Warren, o thie city, euepended paymant (e-day. Thay ane a tion, of atx monthe, which will Ge granted, the over their liabilities being Keown W be upwards of on hondred thousand dollars “ABRIVAL OF THE JURA. AFPaIRS IN THE WEST. Cwounan, Sept. 28, 1857, ‘The excitement here, im consequence of the unfavorable advices from the Hast, paralys:s busizess. of the ta andotbers, spouts enter intoiwe del: | FOUR DAYS LATER FROM EUROPE. Exchange on New Surette Ons iat is ea Beran ofa avery ane a etter te, ie aay Ned ME ‘amounts can be purchased at this rate. sent to confirm -uspensioa oF to our panting fast. IMPORTANT FROM INDIA. The paper of an tron house and of « shoe ani leather | tullons, unkes lt shall be tally Ly np lhe ee cessed house, both of this olty, were protested today. J. B. Holmes, a large manufacturer, has made an Sr. Lovia, Sept. 28, 1867. OF DELHL THE EXPECTED FALL The banking Loures of Darley & Barkedale and Joba J, | prising tbe mechanios, terchante, masatecharors savy, | SIR COLIN CAMPBELL IN COMMAND UF THE ARMY, Anderson & Oc. suspended temporarily this morning. should be considered only next to ihe noteholiers thea rrr Nasaviis, Tenn., Sept. 28 1857, Tho Bank of Nashville sunyended specie payment this | ,, rast Keon m publin blessing Bua fer inet low we | Horrible Butehery of the Furopeansat fownpore. morning. probably have bad “ew payments of notes in BSS NES ‘Tho meredants held a meeting and recommended the | specio, and '8 is Dot going too 1o bap. that 18 baa pro ee Calon Sant, the Planters’ Bank and the State Bank to sus. | rented, rare thie obe fraud an the part pig ee SLIGHT FALL CONSOLS, pend alee, but they refused to do #0. times of bigh credit. Novhing but the fullest investigation ke. &o. ao. Severe of the free banks were thrown out to-day. THR Rap (oe pageie ous WO law shaale net: be. sigaiy ” he Confidence ts felt that the Bank of Nashville will be able | ©! ~ But dvoidedly adverse to the : 1d oall of the 1 to pay all cemands upon it, and heve a large surplus be suming Legiuinre ‘oune 7 ae casjece, the yootent si ee es a. Lhd Sept 28, hate members were chorea without reference to the Their readiness to charter ban! Britiah governme:t to convey tae 16: regiment to Eng ey TORR. land, srriven es shi: port at 0:40 A. M. wo-usy. THE BaWk BUS? BNBIONS. (From the albany Argus, & pt 2%} manu ecturers, mechanics bali really | SMe left Cork oa the A7ub lust , dve days radseq went (9 Pcl pep te Danks i Poesy, wb needle relther hast) ner nor party aotion on | she apada’s departure from Liverpoo!, and srould have Peaosy vanis, sbovtd pot sea matter of grees surprise | (DIS mbot Tt He, diner wand, the | UPCvgE four day’s later news irom Fagisad wad the Gon {tw the netaral consequence of caxses which before pro- duced vimilar fruits ‘The Riper policy, whieh Gov. Seward imitated and at | nent. the forew steamship City of Washiugwn, from Ne York om the 84 nat, arrived at Liverpool early on she morning of the 16th 4 derpaich received at Paris ou the 16th from Berlin apnounccs the arrival of the Emperor Alexeuder at noon tbe preceding day The cholera preva'la tn Hambarg, and out of 239 par- sors avacked, 136 bad died in eight days At Arslan more than two bumired persons had died, ‘The disease wes algo prevalent at Stockholm Tho Porsian gov ernment, through Ferahs Kaan, bas n xeged twen'y French officers to proceed to Persia to tae capacity of military Instructors ‘A dospatch from Jassay, received from Vienua, stair hat nine tenihs of the landed proprictora aud clergy bare iaken part io the Moldavian eleciiocs, and that a majorly voted in @ sense favorabie to the union. that may give rise to combinations against them = f al) intents sve porposes suspensicn has taken place throngh out the State, and the law of 1860 oan 6 sarred lato effect ‘2 8 moment by any citizen We reapseifally subdmir therefore, that nothing wruld be lost by referring no whole quert'on w the members shorily to be elected, no, chosen as they wi! be ny the eleotors that are now dis cussing in their workshops, in their counting rooms, aad ws, ihe present condition of aGaira woald be pt to rotlect the popular wil shan the legislators who wee choren ip 1866 4 compe atively short ume remains hetweea now and the U1ober eiecuon, end if, ar {sg proposed, the Legislature should be celled together oo the 0 October, is deliberastoas will, ia all vrobabtlity , be interrupted by the day ef «lection itself If the eudject 1s confided to the new members the opportunity wouid be given to secertain the Condition «f the varions paoks sound apd Loser nd, and if support or sympathy ie carced fm the interim tt wil doubtiers be exteaiec It is believed by many sound thinkers of all pa tier that, in the present prosperous condition uf the country ano 106 I oun of specie Frown tn bain the hand thin the power of the banks, by ® fair uae of their credit and the means they have at ‘neir command, though it be asa conederable loss to then, to be abie to redeem alt of thelr liabiiities, either to note, holders or depo:ttore, a no distant “ay. {f this be #0, 0 sacrifce rhould prevea’ ‘hem frem comolying with thei: obligations lo view cfthe many rarvifloes which have been made by indivicuas to matcteln thelr credit wi:b the ante, key should net besiele a moment to make ao equal if pot greaver Fac ice to sustain toer own credit li i be fonnd that they bave noglecied or retuaed this. they can claim no sympathy from the public, nor will Ki be accorded to them Our Davke must pot forget that while for yeare they ing favora aud leading money & at the low rate of six pa- vent hich © had abandaot ot failure of the Lao and the Iaucester Bank we hope, wiih the present oriris, there were ‘apd thousands cf merchants, mechaaior, manu builders and bu\tpess men of ali cass, who sintain their oredit with there very inatitutions. os do, iben, oiroumetences to allow them to issue a doprect per currency for the benets of their customers, w: pave means to provent 1i, to the great injury of the r i tempted (0 iptrounce ip10 -bis Kate, brought Pennsylvania repudiation An immense syacm of expenditure was andertaken to be carried on by meavua cf the credit sys tem—thet is, ine present generalise wore to spend and a future generation to pay. So long as there was Do check to borros ing, the scheme ell enovgh. Bat when the crowd »f vival vor ro} exhausted credit, the ayetem ooliapsed; wad the State was compelled to repudiate ‘he pay ment of in:ere:t oD its pubhe debt’ Heavy taxetion nas ei 4 ine State to resume .ayment; but ibe works p ‘8 failure, and some beve been sold, while others remain, wita te debt & constans oppression u som Mae people, But \be sytem of expendi’ore based upon credit, aoapdoned by the state, corporations; which in the same sttempt to create roan, ‘nd to form channels for trade and travel, soasiered their vonds broadcast, and left for the future to provide for Psy ment The day when credit ie at an esd and payment oom- mences bas coms; and the sysiem bas broken down ths oor pc rations, «sit uid before the “tats, The State of Maryland, which aino undertook @ vast echeme of internai tmorovemens, by means of debt, and wbion urned cver the undutshed ‘system to corporat! ne, which renewed (p another form the device of an unlimited (enue of bonds and rorip, hme in the same manner bro got tte mosoyed tnstitutions t the practical repudiation of ‘wb cb tt set ihe exampie. In the Western Staies in tbe samo way a syatem of debt, checkea tp one torm by the failare of State credit or the new copstiuitonal iimitstions imposed by the peo- ple, has brekep out in a pew shape, under the auspines of Ube corporations. All the contrivances of debt are means by which mon ebj>y present expenditure, and oharge the cost acd ree porsbiiity won the future A State debt i* a charge upon posterity, rent down to {t with the results of the specule. tion 1 which ft was irourred. Bui ag she speculations are ever ancertaio, and # debt ts veriain and ineviianie, and descends with it interest, with ao acoumulated wolgnt, hike tha) of gravitation, uyon ite victims, posterity always to suffer from «@ system so improvident The “witd jus doe of revointion ’ 6x anges some of these dobte; ihe trick of en expanded currenoy lightens the daraen of others; and @ rednovon of interest ur a compounding of the princial epaber the vext genaration to endare it ast parece it on 10 ite eucc+seor The system of corporate debt INDIA. ‘The Bombay portion of toe [odien mall had arrived at Marscilles and was expected to be delivered in London at about mid-day of Wednesday, the Wib. Bombay sdvices are to August i4, and the news frow Delbt to July 29 Borties were repulsed on the 14th and 231 July, with ertat loss to the rebels Five hundred men were Ellhow and wounded on the side of the Brisa, From the %8d to the 20h there was a0 fighting, The Neemuch mutineors bad a: rived at Deiht. Brigadier Nicholson was expected at Delhi on ibe 16tn of August, with reinforcements from the Popjsad, General Read bad relinquisbed his command to Genera: Nicholson, on account of il] besith General Havelock ocoupied Bithoor on the 17in July, without resisiance, and captured toirteen gans. Nova “ahib esoaped. Op the 20:b July the Britieh defeated 10,000 mon on the ps they ‘eat of the com monity {s the seme, thovga tw end 1s sooner; and the law provide Since the above article was wriiten, we understand tha: | ‘ed to Lucknow, end captored iifieen guns. Cheir lous ts ta far ta ney go, 24 the extinction of the asbt Goverto: Pollock and bis official atvisers have de'ermined | no: supposed to be great. The causes of the evit times which bave falien upor the | “ CCnvene the Legislat ire on Tueedey, the 6th of Uoloder The butcheries at Cawnjore have bees confirmed. ®n: tbat the proclamation of the Governor witi be issie4 today We deeply regret this step; Dut now that it has beon deciced ofon, bare cply to say that the prowed y of the Legisiat: i be wateaord with jealous inier There are 00 authentic detatis however, as yet, General Havelork was at Luokno + on the 30th July. The three regiments tha! mutinied were dispersed oy people are w be found in human wature; but the exemple of Stote tmprovidence nes hee muon to do with them. Think of a L/gwiature such as that which sat tp the Capito) jast winter, (cborep on the issue of diosding Tne banks anc their backer: can cariy apy meas ro, Kapens,) whicd, amioog @ bundred instances of similar | ‘f'we may judge from past expericnve What the, ma; | the 10tb Regiment Salles of yd aninag Ayer] Fig) vey ey 4 desire, however, te oue thing; bat waat their syatom can | Caleutta and Hydorabad wore quict on the Ith of building @ raliroad from iuis city 10 Binghamton! Se eres ceriere © aie eke ey | det Was pot the Democratic tate ConvenJon, which met at Syracuse @ fortnight ago, right in declaring, when pointing (o the excesses of our republican rulers, ‘that we cannot but fee! that te example of improvidence set by the State has spread into the buainess affairs of the people, inviting them to a the anticipation of fature resources by present reckless expenditure, profcse debt, aod ibe abuse of cred! yd that we call upon the people to remedy this state of affairs by establishing a sound and economical fpancial poltoy at Albany.” pd LY rye or in laws for the spesa lative exocsres which chavacierise our mode of doing busines, but the State sbould st least abstain from incite: Brigadier Stewart arrived et Mnow om the 2d August Helklar remains fal:hfmi. From Bombay it ts stated thet the matiny in the 27tb Hegiment, ot Kalpore, was suppressed by six companies of the Forty third, ‘One company of artillery bad arrived from the Maari \tos, The banks phould seek to secure public sonfiaence by the moderation acd justice of their appeals They ahoald throw themselves upon the ‘men of all parties tn the Legielatore—opsm the generosity of the pesple, Any oiber course—any attempt to force a law through. ——e ‘the lobby will inevitably react . Maxemicas, Sept 14, 1807 The French boat Mersey bas just drought the Bomoay mail to tho 18th of August We have no Chios mail dence, they must sek for no law that will nt stand the fullest ana severent investigation Our legislators mast reprerent the b.wp» st rentimenis of tho masses, aad nterty defy the appeals of the men who are now ready og © We are ad: ments and pro id not set the example of Harrisburg to the of in’ by ad: Delbi was expecies © fail ia abour s forwmigo:, sad Gow Feckleas speculation, or cifor bounltn toi, ax if N wore | Seveme, a6 waner lauiy Py sdvoosting @87 | aevewck's woop, who are advancing opoo Lanksow, soerne ot Proaperivy an: virtae yernor Follock le about to conclude his term of offer | were ex, coled at De'nt of uosune alah, pd, Bs eg ‘ de has undertaken = resporsibiiiy ta callieg vais look ai Tao ca It was reporved that Nene Sahib, who hed taken to lamity, which, beaiede the dian'ter Of private and corign. aaa Wakive demas Mronod ae Ole tr 4 destroyed himself race enterprise, involves no hitle nesiopal dish oor, hes | this last susyension of ajecie paymen.s. Our good mame | foe seventh Fighib end Fortioth regimens of 4 fallen upon vs, anexpemediy as a thuaderbou frome olear ok; oo We have been jou! mali directions on n one, snd we sere wooly un) ed for th new wer @ been look ng forward to onatrenting Lew debts, inst ad of providing ‘or existing ones. Our at 4 ntion bas been called off from our affai: d thetr pro Per government, »y ihe demagugues who neve been inte- rested in keovleg up ihe geme or oo and error The people + ave heen told that they ro intereste at bome to look to, apd inst they must turn their atiention and keep it exolurively fixed upon Kanwmse We mort make iostitutions for Keneas. dget ovatties for Kansas rae money for Kanses, edit constitutions for Kansas, preach, pray and poblieb Kansas, and mast els. pro Higa © legisiators and give a0 tne easury to a plucde! loboy, and surrencer the fate of public aud private or woaat of adveniurers wh 4p for rapacity dieponesty, by deirg “round on Kanm Tt te time for the people to look at were thi in watvord anc our credit assailed by the press of tac, cities. Let not Governor Pollonk diehonor himself o yielding to the projects of those who only seek their own ends and constantly forget the true interests of the diate vative lefantry bad revoked and fed Wo the Koaae riv: oureved by H M Tenth regiment, under General Lioys E ght buncred of the matweers were kilied The Pur jad t*t raxquil, as woll as the ovuntry around res Last Night, MItS CHARLOPTE CUSHMAN. ‘The largest audience that bas eve, asso adied in Burton's theatre greeted Mise Oushman’s re appearance of toe American boards Jest pight [ was mot only large io numbers, but equally distinguished for the bigh clare xer of the persons who composed it, Early in tne afwernooo ail the seats were sold, and for balf an hour before the performances commenced there was not sanding, wuco jean ritting, room im thie apasions thoatre Tho reception of Miss Cushman was exce slingiy onthe tieatic, and throughout the Ing the sadionce took every opportunity of tedtifying thelr apyrectaiion of b rere talents as An aciress, as woil aa thoir regard for bor personally, Bieoca, in Miliman’s “Fazio” was chosen by Mise Dash mas for ber dibu:, rile \n which abe bes an ex elieat op portanity for dis laying force, power aad gon ethat uave mace ber 60 famous, and whieh places hor ovfessedly at (he bead of all the [ving ¢ragedternes wnosponk he Raglan wopgue, “Fecio’’ ww not a great play; ik is & mon, rather then & drams; but the cuaranter of Hlacca in lant Grawe, and the sitnations are so telliag tat it will always Dean effective stage niece while there is an actrom cape bie of playing the heroine properly. It requires tne most At Bundeicund there were signs of disturbance Thore is lit lo ws from Groalior, The mutiocers a! “ealkato were Certroyed oa the i6tu of Ju y by deuorni Nicholson, Deinobwente of E ropesn iroope had been seat to dom bay The paulo which exinved at Bombay a fortoigas ao bed subsided Gen Neil Lat joloed Gen. Sevelock on the 234 of July bd was Ov the full march wowards Luckrow look st bome, where theese things are row forced on théir vi be misied by demagogues aad speculators, wm the aouse of pabdiic credulity ipore the Thirty first native iafaatry, Forties oot sud Third cavalry, under the watire oilioers only: Wiaoxed on the 7th of August the matinoors, consisting of the Forty-second oaive infaatry and Third irregular cavalry, and completely rouled them Gen Woodburn te 108 at Voramby, Col, New art naa gone to Nowow Pata, We learn that ® plot hae been discovered, and thet amongst the consyirators were the son of the well raoru Persian Ameer Gandfya and Molire Ally Kareem, wh wore arrested. ‘A plot bad alen bean discovered at Banarce PENNS®YLVANTA,. THE WOKBTARY ORIsI8. {From the Phusdeipaia Penanyivanian, Sept. 28.) The monetary cricis having come, people once more freely apd lovk matters fe Scoommo*aic the p bilo specie op their notes of tue denomiaations of Ove and ten douart, and adopung also such means with regard 4) checks, as tonced aumterialiy Wo the ooavenience | Seriea'pe wets to do this pari justice, waco, 0, [i was reported that Agia had fallen into the hands Hi , oy ine way, { shore having payiseule «> maze These ‘Wneldom gots. Manca ie an Tinie, wiso all the tradi! | ibe rebels, re readliy Traci yah pai, aod ovary tmpulsivenoss ar that are nupp med to \ooked at the dark side of af- S (J ohildres of Soume-n Karope, and the sudden wansitions from one pbase of extrems feeling to Another equally atvoug require te ms consum uae SdIlity as Well as power to make effecdve and naturel at ve same sine Mie Ousumas ives. The market eculiarity of ber geting is ite ~onderfa! intensity le tre in every “ord abe users, and wmiost w is carried away by the vivid aad pain soene. There 18 a0 softening of the ple'ure wits he- A dospatcn, dated Sept. 8, received at the India Aouss, mays —Gen Havelock’s forces, after re cooupying U.en pore, fvding Bikoor evaeaaued, burned it to the ground Op the 99m and B0ub of July they found the rebels # Bui fer ei Guage, about eighteen miles from Cawnpore, num dering 10000, shom they “ofeated, wire the lose of if sen guna They ¢x ected to reach Lacknow the nexi day Nera Sabid perpet aed a fearful massacre a: Uswnpore, ‘at which pesrly all the £u-opoan indad) ante periened fist to bring affairs right again, by (adustry and oo-opere- Hon The confident oelief wiion wok possession of whe pobile mind, that the indebi-apese of the diferent bears will be fully liquidated. 20 acted mcet sootbing!y spon the ones sae ondertakes to rey. rese it the most powrrt.! en sloas of tne 0 beart, aad it » done with » terrible trathfulners Poy Few op gd py ey peo ‘peoeively, estes ie bor is thie | sir Colle Campbell had assumed command of the Indiae the bark may be safely brought to pert once Cowon of the vedy han les areualeg, sud Weree 60 army. uation of specie pay mem apen demoniation of Ove and ten dollars dept step, and must be continued com m: would not tolerate food our buxiness avounes vith LF 5 denom vation now Oxed by law e experience to again be cursed with auch wed to twfeet our State, and injure the Tra-quillity t@ restored in Ceptral india The Beventh, Raghth an* Fortieth regiments, which mo -inied at Cawspore ov the 244 July, threaveoed Beoarce The Twelfth irreguiar cavalry, which mutinied at to ‘ame time, murdered their commanding officer, Major Holmes, and his *ife actress whose gestares aad posturing ave #0 ¢looiive as Mus Cushman’s. While she bas lost poae of the power E 3 citmens There # mm aoundance of guld and sliver to fur a fish a cireuiating medium ap to that potns required by « antwde «Ge ue ¢ ae as pharrsen bra Suramtes hans ateesare vane apon the precious metals | ,,Mi## Cushman was cheered venemontiy, and was called | oo ay ng offiser, Major Prison F mest eee thet ‘are Kept in aouve . The before the Curta'n at tbe end of the \hird act, and twire at " . “4 commuplty hare acted wit prudence and forbearance to gine of Se preraaae, 4 Tt da but jort 0 aay that sho was ably supported by the THE LATES?®. the hanks; it fe now incumbent pon these institutions to wivain every norve to Keep their charior engagements | (rmiany, Sad hal the appoluiments sat scenery wore aii (Ry telegraph wo the Cork Constitution of Sept. 17.) ‘with the Commacity. if he be done, there will be no Gen, Bavelock's force for the re cocupation of Ua wnpore SROADWAY THEATRE—MR, MATIBWS. ‘There was s fall house ina) night to witness Mr. ja éwo capita iccee—'Curious Case’ aad Used both of which are to be repeated tonight As Twiggleton Mr Mathews wae very happy, and creased bnoh meri m nt by hie pertinacious Pau! Pryism and om livening contre (emps The other characiers wore fair Perhaps ome of the Dest of Mr Mathews’ inimitable characters is that of ‘Sir Charles Coldstream." He piay Infosirg into it all want of sympathy and co-opersiion on the part of the community at shis crisis RN BUBPANSION OF THA PRYNSYLVANI BANKS-—BX- THA SESSION OF THR LEGISLATURE. [From the Potladeipbia Prem, Sept. 28.) It neeme to be uncersiood that the Governor oi Ponnay!- the Secrevary of the Common ® eaith, and the Attor- conferring with the backs 0° thia ctiy, apon the ex. pedienoy of calling an extra session of the eximing Legis jatere, for the purpose of extmnding relief to those had in eight daye marched 126 miles, anc fought four eo Hops with Nena Sanib’s army, againet overwhelining odie jn point of bere, and bad taken twenty-four guns of light oalibre; amd that too tm the month of Jaly, in tndie ‘On the morning of the 17th July the forse maroned inv Cawnpore. The s0:l harrowing epectacie whith Were Presented tteeif to them beggars desert otion A wholraais masracre had been perpetrated by the dead Newa “shin wilors (hat have suspended sp:ete pay mente throngh i ee ee. ‘nat Ian | Right officers and minety men of her Majesty's Righty ont tho Btaie. Whilst *e doubt the necessity or boneds of | &°'4 Indiffererce which at thirty thro exnibited ® man | fourth regiment, seventy ind bandroed sny lagialative inrorferdhee In thie matter, every orwerver | Be world blase; and in every ménuice observing ine | [UD row ee ree rece ee twenty one obi in Of ber Majesty's Thirty second fom, and the whole Buropean aod Christian population of tne piace, Including civilians, merchants, pensioners and their faroiiies, to the number of four handred persons, were the victims of (bie watanic aot. The court yard in fron, of the Assembly rooms, in which Nona #abib bad Sxed his headquarters, end in which the women bad been (morisoned, was ewimmirg io blood A large number of women sed children who had booe ormelly eparad afer the ca ttulation for « works fate (ban Instant dewth, had been barbarounly preceding mornirg — ihe former na waked, end then beheaded and thrown into @ well; wai the latter haviog been hurlet down alive apom the Wotchered moibers, Whore vlood reeked om their mang Only font ercapedthe wife of & marian’ an nie others Qrnere! He ma oN alcest proprieties of aovion. With the oxoe xtion of roo yraoe, which was @ caricature, and Sir Adonis Loach ragy, tbe other charactors wore passable Altogether the sodienoe seemed to be well pleased. LAURA KRENE'S THRATAR. Tw) now ploces, of great atirsction, were produced at Lanre Keene's last night—'The Siam Light Guar” ant “Nothing to Nurse.’ The former is a mosi a jog proce, Gasb'ng with witand humor. The admirable im pertorsiion of the Light Goard by Mise Keene aad the ‘dies of her ormpany, added to thegeapial points of the kept fhe audience in good bamor, and had ® mani their ristole qualities The “diam Ligné extravaganza—betier ‘han most of |'# 04, if1\ baw @ faalt, it fe that therais too much fon ir % Tt made & favorable im reason lavt nipbt, and will we doubt have « run, Walon'’s farce jot “Nothing io Narre” elicited, a4 tt de erved, much appiaues — It la fol! of good lea! pointe aut file Ubat did Bet Fall #9 tell OF the Andionoe >. the eventa cf the past two weeks must have anticipated some such movement. Sich haa heen the course on scveral former occasions of groat monetary embarrass. monte Itebould be steadily borne in mtd, however, tvat ie commentty and the bavking institations are in & moon better condition at the present tme than at any fo mer perted of financial difficulty, We bave no bank vw tbe Untied States to ite fall iv our nieat We bare an yet no small notes, as was the caso io S87— note nos cnly for one dollar, bat represeniing sm ounie Inter mediately, down to six and a quarter conte. We baer ‘be tmmense resources of the Ualifornia gold vy xee pooring io upon ta and the rish iands of the West ved Nor beat ovideg ao appaueing stream of em gration (rom the Olé World, each emigrast bringing with him « corte © Amoant of the oreciovs metals. ir harvests have been eupersbondant, aod produote will goon to move w& the freeboard fora martet. The developement of our 4 the reau ting revenne within tne last tern ave bern prod |. Theee fou, itis Delkered sbould have preventet the present stato of Hinge Oy sugcesting proper preceutiovary measares he pari ofthe banks, and they must oon resiore fire d wobstantial cond! toa, anie { advioed legislation ral aapecte of the Standa, ond we gieliy #4 to it the impregoable postion of | om ihe ok, Ine feapareh to the Qovernar Yor * Sant had drowned mye bi mwe!s, wiih emily He het on tne ntion « far e@ the tivor Hereyath's (London) Journal announce October hse Seow dt: dolt voly dec " are w Tack hy Oren eo he got ne Whe oxvairy and (aiantry PRICE TWO CENTS. deserted him. Tney are all gone off, after destroying their arms, to their different homes. Onwnpore is now as quied ao allahabad.’” FINANCIaL INTELLIGENCE. LONDON MONBY MARKET. [Frog the Trmes, (City Artcle,) Tuesday evening, Sept. 16, } Tho fun¢s continue dul They opened ai « decline of ‘d, and gubsequertiy experienced a farther redaction. A’ the Baek of England and in the disovuat market there a: oon¢iderabie imorease in the demand for money, (From the Dally News, (City Artiole,) Tuceday venting. } Cousicerable gloom pievaiiod throughout iho Stock Ka- change to-day. The funds fell 3; percent. The market is chiefly prejudiced by the gloomy Anancial advices from the Ooptinent and New York; and an increase ta ho demand for money im the ook Exchange, im connection with the f rivighily e teem: pt im shares aso operated on whe un- fevorabdie side. In the discount market the demead was .oderate, but his may be owing to the olroumstance that: ‘he Rank is the cbeapest market as present. Toe applics- (lon: at that ertebilahment continue to be considerapie. Loacon Exchange, \bis day (16%), opening prices:— Coneola for money, 90 11 84; for account % 15.28, One o'01w0K P, ML, Cousols fr money , 9944; for account 90 31-82, London, sept. 16, 1887, Yesterday the Bank of Holiand again raised its rate of Siecount Lk wae previously increased from 4 to 45 per Cent and i} has now bees put to 6 per cant. according to ‘be Times olty article the movement Is believed to have been adopted tn consequence of a ourties having been ibrowa upon he Amsteruam marked from Viepna, where the preparations of the Austrian Na- “opal Bank for the resumption of specie pay ments on the rei of January next cause considerable pressure. Un- ver the circumstances, {it is thought thas most 0’ tbe German banks will be compelled 10 fallow th? example of the Bink of Holland; and asa general rise iil (bus be esiabliahed over a great part of the Jontinent, be prospect of bettor times ts proportionately doferrad. Paws Taoaday night. The three per cents have closed, with scarcely any sbarge, at 66f bie LONDON MARKETS. At the London Oorn Exctan ce thie day (16th) there was a very email attendance of buyers. Wheat—The few sales made \ Monday’s prices, ‘arley apd oats quite as dear as on Monday In flour there is not much doing. Norf lke slow of sale at dus. o 428. Usborpes report tho supply of wheat largo and of other artisles email Wheat steady for all sorte, sud floaung ca’goes in demand at very full rates. Barley vory Arm, Benpa and peas unaltered Oats quiet LIVERPOOL CORN MARKET. Oa Tucaday there was a god attendance at the market, eo a fair bu iness done in wheat, at an sdvance in rod Of 3d. ‘per 70 ibe. Flour wes a'so tn beter sale. In brane, peas, Indian corn and oats there was only @ \tmited trade without change in prices. New oatmes! rather casicr. THE SANTA ANNA BRIBE. A Card from Lieut. Gen. Scott. POR THB NATIONAL LYTRLLIGRNOER. My a'iention bas been oalies to a ever adurensed to the people of Tearemeo by Geversd Pio”, ta which be Claes my Csmoaign in Me xiso wivn rhe boldners of s mas- ter ip the art of *ar, eid 86 the same time enjog'z~s bie ver services there ~ith & hearty good will thas leaves Rowing beaded. I dsnatpro ree a proveat to die- sorb trat seif mocetion, nw \o renly to bis saimed resions vat provoke ly mixes up in every sisiemont @ mail gran of 6 portion Of Aetiou, #0 a0 to gi carters sli the effect of grorm faireh aL cap intluepce the public mind to my p ejdiee, I small thon Peginto regret boat | ae born an Awer can, Witront, then, eutorieg wpen way formal reorimination of Gooeral Pillow or defence of my-elf, | shall yroceed at once, im beheif of others, pois ip Bia atdreey, tn @\D Dr gotiations for Mr T wid biw (Gen P) * (Mr 1.) the meney, ao! (nes he (Mr T) tad pala ne euamnd dollars”? Ug worelly certain that Mr Prat o deine 100, it le BimOs Uselees Wo vay bh over @ dollar 10 dim for su00 07 aby Other pur nme = hat. © er, sod am very suretha Mr f bet ort @ dollar of pucho moury in Dis posreision wotle !n Maxico, and oever Brre thaw eeifice! for hia ver moderate oxsense io hig privaie parse; and [ orril'y on h por that f never, at aay time, (ald to Gen venta sons, or caused to be pals o Dimcrtoapcthe for his we oF bevelit, ove dodar or more, o® 4by BCooUn' OF iO Woy Way whatever President Sabie Anne was asthe ime, as ceW, worth mi iione and bas 1B What offloe the trreeponsibie oomtrel of ai tne pesn vlary menus <f bis country [' ts aardly probarie, taera- fore. thet be would ave stooped to plox up e eck’ of ten thonsend dollars in gold if ne had sogidenally stumbled "ns 1D & privase wa k | | wore is certain from the im ie before us, be would, mystrary © tee feitn ead bowor 0' oer co tn fell, to the ruin OF the par fen Genorad seule Aue, if " © Worn any wing, * rely ¥ 100, 00 mater undar wi Diag ped, va ead the iife of @ enod snd pwasntul et en A rlilhg to the Hecretary of War from the olty of Fey 6.1868, taal — eet of nenret d sharsamente a the ans riataty of oar nd, Seow, Une ceoemntt my whieh, on aconnnt af iAhere -nehs wo Lmey tewewee, briefly odd ine E Dave Dees temp d th= hoorr com set bot nvr belt i ae bow valnanie information raerviees War \ orreapo.dence, Hh me. | exten &, pear 1085) Ano egain ot Washingwe, Jone a. my scoount curren of seeret aod other Abs *ebiog fo a Oral ertiiowen I raid — ready te go, crater “4 oto all those Git erent «ume @ wi Ppemide as, (he Seo-mary Lae un oF ae ng) Re enagen 4 cire sm Wawona, “pier snd eagen At4, on rendering of War or ary bhatt «ng vera eet in reapec! (0 seers Cinhursements, | mo. in alew hours &e. Hee Bensie’s fecotive coe ment No M page M. ordered to be printeo Feb. 4, 1807 And that aco cnt prinotylew | bad deen defnitively eet ot on tho Jnatice and perrecus) Merion (ane My Trist # distinguished Woes Pointer, to d with them before the enemy, the orave amoug the brave) wild emiie t bear this char ioter of unelr senior (> unre! aod bie lon he eg iiator No mao wae Mure aomired than the Inter for nis qelet oonbirasive mar ner aod amie oT He eagerly received and homered by all for. ~ wervioe be i still without reward Naw Yous, Sept 26, 1887 NFIELD SUOEE Naval Intelligence’. Lieot. David Motes, ase tm Command of ine Marine qoard on board the Voliet Mates ship Rosnoke, bas re ported for day at the Marine Barracks, Brookiyo, Geo, F Lindeay, quartermaster of the Caited mh dangerously (l) at his resi. Unied § vader ‘be vhears of the drookipa Navy ark, etia ee previcusly snnousoes 8 being ordered te em ready im mediately for sem, will be ready in about two weeks; ine » work of patna: aired be dome to ber, _ - Avot Auiscm> Omcans Posuste: Amaerey — Offoer Beamy, of the Second precine , while ia Lovejoy’s Hote) yesterday, at three o'clock P. wae several Umar accosted by & bookseller, who bawked obscene prints, dooks and other fancy bat namaieee articles, Im order to ince him (0 purchase, Afie: exwing his valaable merovandive the officer thenght it bie daty to makea ¢mall iaveatment of forty five cents, for whieh he gots book stylec “Fanny Greely" sad some rery soandalons lorking prints. After the trave be! ree the partion wae ei {, Ok the amiad'@ old ine and mare 'e! hin to the sation hones, fioer saicbed his movements. busning hoave in 12 Anve print therefrom whish 2@ sold. @ tation hoa 6 and, oa — » ine (eg! ate Dasinese te The polloe wore very © prem sea fome they removed. to aneear Sefore

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