The New York Herald Newspaper, September 30, 1857, Page 1

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

WHOLE NO. 7699. ING EDITION—WEDNESDAY, SEPTEMBER 3' “YORK HERALD. 0, 1857. PRICE TWO CENTS. FINANCIAL BEVULSION. STATE OF AFFAIRS THROUGHOUT THE COUNTRY, ae, ko, ao. RELIEF MEASURES IN BOSTON. Bostrom, Sept. 29, 1857. ‘Fwere is nothing new in fizancial matiers to-day. A better feeling prevails, and full confidence in the stability Of tne banks is expressed. A meeting of the Boston bank Presidents was held this ‘BMerncon, at which twenty-four of the thirty-six beaks were represented. A proposition to dissount ten per cent ‘Of their capital stock during the wook was discuised and mmap'mously favorad, but without definite sotion tne meoting adjourned ti\1 to-morrow, to enavie the banks not [Present to vote upon the proposiiion. ‘The banks have gained $90,000 in specie to-day, BOSTON WKRELY BANK STATEMENT. THE HARTFORD BANKS. Haurrorn, Sept. 29, 1867 ‘The Hartford banks bayo no idea of suspending spocie payments, They aro vastly stronger than they were last ‘week. Their lixbilities aro much reduced, and thore specie hhaa Deen increased by the energetic steps taken fur ho yurpose. Al! persons may rost casy that no one of the ‘Bartford banks ic in any danger of saspending. The con- ‘@ion of each is known to all, and all are satisiled that iho crisis is past. THE PRESSURE IN PHILADELPHIA. Prupapaurata, Sept 29, 1867. Baak affairs are settling down on the no specio Dasis ‘The banks are preparing to issue amall notes. The Penn sylvania Bavk noles are to be received at the otner inst! tations to morrow. on Two o’Crocs, P. M. ‘The City and the Southwark Bauks are paying specio on thoir small notes. Notwithsianding thel: agreement of yesterday , ibey are receiving the notes of otner banks on dopoalt, excepting the Pennsylvania. MEETING OF THE OWNERS OF CAIRO CITY. Pmiaparata, Bops 49, 1857 ‘The sharobolders in the cliy of Cairo beld a mocting hore to-day. It wes regularly advertised as a public meeting, bet reporters were refused admitence, This thas sei people to thinking. What le there in thts concern thas ite mwapagers are afiaid the public should kaow? Cairo ts a Western city, and is, I believe, owned by a ack company. THE CRISIS IN NEW JERSEY. Trenton, Sept. 29, 1857. I EL. Bottom & Co., paper doalors, and Bottom, Tiffany & Oo., machinists, suspended to-day, on aovonn! of pro tested New York paper. ‘Yee Borlingten, Camden, Cumberisnd and Salem banks are reported to have suspended. ‘The East Jersey banks, including the frovton, more immediaiely affected by Now York, will bold ont. Our basinese mon complain thet the rofugal of ovr banks to discount witl scriously a‘lect taem. Six @’CLocK P, M. Byerything is perfectly quiet. The banks paid ail the demands upon them to day. wuspension of Mesars, Bottom & Tiffany, merchants, ‘ia contradicted. Sauam, N. J, Sept. 29, 1867, ‘The report from Trenton needs modification. The galem ‘Bask, influenced by the action of the Phiisdelphis banks mongh prepared to mee} ite sue, was only partially sus pended. It redeoms “fiven,” ani casbes the chookeo deponitors in ite own bills. It continues also to exchange notes on banks 004 in Philadelphia aad Now York. THE ALBANY SAVINGS BANKS. Auuasy, Sept. 29, 1867. ‘The ran on the savings banks sudsided .his moruiag as waddenly as \} commenced yesterday. The gold drawn out from the Albany Savings Bank yesterday a!ternoon ‘s being rejurned to ibe came ‘natin Hon this morning. THE CRISIS IN VIRGINIA. SUSPENSION OF THE GRORGRTOWN BANK#, RTO, Wasuinaron, Sept 29, 1867, ‘Tee Bank of Commerce and the Farmers and Mechapics’ Bank, of Georgetown, have followed the example of the Waakington banks and suspend’ specie payments. ‘None of the banking houses have rofusei the demands against them, except the suspoarted boure of Mesrra. Pairo & Nourse, THR NORFOLK BANKS. Nonvo.x, Sept, 90, 1867, All tho banks here continue firm, BANK SUSPENSION IN NORTH CAROLINA, Euzanati Orry, N. ©., Sept. 29, 1467 ‘The Farmers’ Bank, of thie cliy, bas suspenied The Drovers are takicg the notes si Oty per cent J .soount. FINANCIAL AFFAIRS IN NEW ORLEANS. Naw Ouimans, Sep), 20, 1867, ‘Money is tight and exchange stagnant; but uo feare fur ‘the banks are oxpretsed. THE CRISIS IN SI. LOUIS. &t. Loom, Mo., opt. 29, 1967. Mesars. Bogy, Miltenberger & Oo., bankers hero, cloned their Goors this morning. Their aseets are sald to be ample, Oarda, signed by s large number of our woalthiest cit eens, are published guaranteeing the solvency c’ Lass \ Oo, and Renwick & Peterson, and sesuring depositors of tno safety of their deposite. ‘The public mind is vory uzsetiled, and there iss gonoral Yas on our brokers, The banks stand firm and aro dis @ounting liverally. 4 Tanse o’ciocK P.M. ‘The bankers cpon whom (he runs were made this more ‘tng freely and promptly mot all caocks, and thus roslorcd eonfidence. The excitement has almost entirely sol aided ‘The immodiate caure of the euspersion of ogy, Miltenber- ger & Oo, was the non arrival of coin in trancitu. Tho pro ‘Dabdilities are that they will reopen to morrow. The faasets of Anderson & Co. and of Dawiey & Darkdale large ly exooed their liabilities. The presumption i# that they will resume in « very short time, SUSPENSION IN CHICAGO. Cicago, Sept 29, 1967, Meesrs, FE. J. Tinkbam & Co , baakors, of this cliy, cus pended this morning. ‘There is no run on the other banks. PENNSYLVANIA. BANK PANIO—PsRPIAL BUSPRNGION OF @rROIN PAYMENTS. [From tho Philadetppia Penney inanian, Gert. 94.) ‘The monoiary oxciiemoss fn this cliy smumed a now eetorday, by the suspension of the Beak of Poon ‘ivania, followed by & severe run Upon seve al other banks; and in view of the excited state of public fooling, and the condition of the Danas thommoives, coneoq you! ‘Spon the demands npon them, ant the many recemi fall "res, whereby several bare foffered hoary lows, it wae amantmously determined, as a general conferences of the Presidents of the baoks, hold during the afternoon, t re Commend to their severn! boards temporarily to emepend PAFMenIA on all checks ane poles of tem dollars and d&, As the oniy mensurs ai all DalCalsted to prouce to the community, and preserve themselves from » The necessity for auch « sep ts much to be re- fallsfied as we aro that a majority of our banking Hons are not cnly sound and reilvble, Hat that have been managed throngnon, the reoont ‘erribie hh @ carcfal regard to the best interes of the trading onity ; and it 1s CArNertly to be hoped that the aniict- pations of those who havo tdvived it may be reslizad In ® of the money market, and ihe apordy emer lnees frova tte diga trous ombarrnes nocesnity might have been avoided, crelt Of confidence have bean oulttrated, at ali ‘With enr immediate and prospective re and ihe even! presents the singuiar anomaly of Imination of oown.cr sia! diragtor a: atime when the large foneral prosporiiy were nove hen ‘were ao abendant, and the m Portion of the world 20 dircotly at our command During yesterday, and until the low of bant o Denke goo + mw ni! dewoande prenenie! eee, fovorn em paying out from i dove Piso,o¢0 each Ta coin; and the Bate ‘oF Pans. sylennta ied, during the week, an7 pre rious to It auepen- sion, paid out In coin over $800 ON — very ATOM Fetno ng fs Liadilition, Tt had devoted iieoif mpbiy to toe imteremis 1 H nl i: FL he = tl j being sill redeomabie tp specie—will ward cif many Gonveniences to wich ali Gags: 8 would cer wise have beep sat joo Dut withons the cultivation of a geaeral feeling of confidence, for xearance auc lealency, we cannot expec, any subsmmial inding tmyprcvoment. Wa advise calu.noss and moderation, Thore should be bo needless and uncecessary alarme. There ls no mime ‘Alete danger of lors to the holders of the billa of aay of our banks; and with srudevoe acd causlon, aud ao acoom- extreme disaster modatirg spirit, the force of may yet be warded of A coten of this city bas published a series 0! art! sles to prove that the stringency of (be morey market ts not o sing to the importations of forcign goods, but is at wributabie merely to a “panic”? Bis elaborate produc Hour ave studded wih the mere banking detail sod loog ‘Heqot-itlong op the consraotion and expatalon f loaus in New York. Frou tho fact that jon was. OvCr nipce 1853, accompanied by high Jor oontege on good pepe, snd fa:lures, it = that this )car’s failures ‘and other evidences of @ money pressure are attriontadie to tbe same causes, aod that these causes beve been aggre vated by the anid crea ed in the stock markot, The contraction of ioans, as ata ed by vur contemporary, war: ‘a November, 1853 25,125 646 Ia Ssptemder, 1827 : 2 09: ,680 ~ the aitferenoe amounting to nome ,000,000 In November, 1866, it was $9,722,923 Tre difference between Neveaber jast year end Sepiemb-r this yeas Ras CODSEQUENLY About ah'sn0 600 tn rougd numbers. Is fe, however, too palpable that travenctions like these, in- vilving sume of «fox millions only, ca. no: reasonably bo ma eto acocunt fora calamly so criversal 23 tho daily fellores of buriness firm: and monetary inatiintions, tno Dankruptoies of reiircads; we peremptory sales of tron works, the stoppage of coven mille and othor industrial establishments, the cistress of ail clarsos of society, ssva one, the agricuitural—which is ovly ove seventh or one- eighth of the lotal pypulation, The fact of the matter fs, that our cotemporary whoily confounds oaute and effect. all ibe urfortunat circumstances *hich wo have ramca hore, inrlnding the extesordinery coatraction of loans in New York, the dep-eciation of stocks and the pan'c in thy stock market, &o,, are Dut the effecia of one great Oause. Bustn- ge stagnases and {ailuros m. itiply becacso money t+ bet procurable even at usaricue raten of interest Ths svrious rater are an indne-mant, ce tainly, to enders, and ‘hey would lend money agsinst good security tf they ouly bad it. But they pave not got !t, and the reaton why may be fund io the reporis of tas Secretary of the Trosury. We have exported, a4 our cotemporary sagt to have known, since 1860, no less that $272,000,000 on an aggregate, or $34,400,C00 avrually on au average, #8 excess of exports over imports of coip and bullion, We have at twat in creased our foreign abilities greatly duriug tae samo pe Tiod, 80 that the Loudon J'imes estimates our indeptetness to Rnglana alove at £100,000,000, or $500,000.000, which, At 73¢ per cert, obliges ux to pay. if sailed for, annually rum of no lose tban $37,600,000 interest, nearly absorb- ing ail the gold proceeas from Orifornia, which sro thus virtually lost to us. Here then ts the chief reason of our distress for money. It consist: in tho annual oxcess of 1m) orte of foreign gocds over exports of domestic produce tw be paid for in bard coim, anc in the intersat ot a colossal debt. Both excers of imports and debt are the consequence of an nitely fall ug commersial policy, which policy is tho origival caused of our misfortunes, It bes dimipiebed our monetary resources, 20 sto render them wholly tradequate to tie requirements of the coun try, The extraordipary contraction of loans in New York, about which our ootemperary hae to ser so much, is but ove of the muliifartour evidences of nsuffciency of mone; . Ic only »b¢ ws that the Wess bas become more aud more do pendent for the caplial wherewith to move her croga to the seaboard upon Now York, but ge far from explaining or contributing in any way to a rational ex lanation of the carse of our Dnanctal toubles !s bat one of the of. feow, Ever since 1853 baa the present criss deve oped well; ever since money became scarcer and interest higher ever) year, and (% 1s not all astouisulpg that aader there circ mstances the ordinary contraction of loacs in New York should bave vreved fata! to some esianlishments. The efeot of cxcessive exportation of specie to Larope, conet quent upen the discovery of gold in California, began to be soit im 1853 The financial prersure in the same year is falsely roferred to now banks having beon created at that me with w capital of $3,660,000 This capital ro mained @ the Claposal of Dus!uens, aad Could now react unfavoraoly upom business; and ro \t was with the $10,0(0,0C0 which, we are tid, bave this year been de voled to @ similar purpose As to the assertion that private capitalise bad withirawa $10,00°,000 from the market, it Js wholly Without foundation; for ‘good security and enor. movs interests being offered, vothing but downright !mbe- cltlty would withhold money (o any considera je extent from the market, ant cf this oor capitalists cannot be ac cused. Ali these explanations are oalpadly fallacious, ‘The siubborn fos is, that ao suifictency of money is la the land, and that the condidor of thugs is not owieg ton panic, bat a Swanctal crisis. Uurootemporary fo preve that the monetary preesure is no} referable to excessive (mportaiion of foreign goods by the following Inports. Exports. 875 658,846 $261, 168,520 26,060,008 14,630'042 B02, 840,144 (560,890,646 065,015,808 $080,008 003 Excess of exporis $28/008, 08 From be resuit of thie calculation, says our ootempora. By, “the grovt ntrongts of tho counsry becomes manifest ‘Bi & glance.” Bat, unfortunavely, he did not understand the etatiavion © hich he undertook to handle, and the result feuterly faire The exvorte quoted here coatain the ape. ci¢ pent Abroad, oF the value paid for the excoxs of foreign goods importe” ‘over domentic goods exporied, #0 that if wo bad exported one hundred aliens more specte than we actualiy did tn the perind nemed, the raauit of our co- temporary ’s cxicaiation wonld nave boon $148,0C0,000 in car favor iustesd of $28,000,000 ouly, which ebows the ab serdity of the process which he adopted, The scooant Wanda a reality wor-~ ERCHAN DIRT. Exports «zolusive Imports roclusive of specie ahiroct sos 1885, $267,808 Leb 981,219 493 B10,4 10 1887... 298)$83, 222 348,428,372 BROCK OF LMPOTW.... seer sree ever eves cee e B12, 728,212 Tuud, ins ead of Commorde Laving Doon Sa the leat throe yenrn, #@ our cotem errouenously assorted $28,000,- 000 Ww our favor, it was actually to the amount of $.22,000,- 000 sgaimet us § Bat that’s pot sil, We did not mere! ond sbrond $122,000,000, but $140,000,000 tn coin snd bal- liom éuring these three years, or aboot $25,000,009 over auc above cur Wabiliies on sccoont of commercial ox- charge, which later eum went oui ‘n part papment of in- teres on the foreign debt. Not ihe movements of a cr0- ple of millions from one part of the Uaited States tothe other, but the of such colossal sume as these © plain tho present condition of allaira, As our roiompo- rary’s recent specziations on Aoances are based up a the fupposition of the balence of trade baving been in our fa. vor--a supposiion which iurned out to be A grove error— what becomes of all hiv rearoning, deinoilone ao4 canola sions? What asad wreck, what a waste of ink and paper! Foose who set out to Jead'tho pnbiic mind o9 poutine and Aeenoes should, berides @ litie gramcnar, have studied ine mente of arithmeuic THE BANK RXCITEMEN(—PROCLAMATION FOR AN EXTRA SRESION OF THE LRGIGLATURR, {[Prom the Phitadelpnia Led p The erciiement in to subsided yesierday that there was vory litte throng about Sny Of ihem, though several of them wore Kept Dusy in carb ng thetr five soller Dilla and arrangiag wih depo- sitors. he Southwark, as acnounced. cashed aii ite bile tbat were offered: the Tradesmen's reivemed ite Sve dol ae SS for the fesc\oual lara. Up to about eleven o'clock the Meohanies’ paid thelr jon ae well as Oye dollar apocte, but stopped off on tae former afer that if The Pbiledelphia Bank garo notice that noes would b> redeemed, sad bet cdecks wonld be pald in rotce lustend of being marked “good.” The Bank of Pesan ro and Norfhern Liveries aiso redeomed their fives. Ly} of oy Wage ad Fn L onit} about eleren.o’c when they stopped fot commenced to mark all checks under $50 “good,” ene to give cme bille for thore of @ larger amount. Tne courte parsued by tho danke Indicated very little coucort of actin, Yesterdey the notes of all except iwo or three wore more freely taken by storekeepers than on Gatur 4 there soamed to be A beter (ecling goneraily in regard to them ybe Governor hee called an extra rersion of the Leg! sia ture, to device some relief to ‘ho prescmt dauoisl tron. » Th orts of the membors “ben whey meet should ted to & retumption of pone paymonta at the cerilest practicable period. a indefinie ruspension would be an extended evil. The commonity believe that earpeurion bas been forced epon ihe banks ass measure, apd sound po'loy should indeco regard jt, and use every means {n their power wo bm im & proper position by resuming at the oar. Hiemt fey. The following in the Governor's procia ma! In The Nasa, asp py THe ADMHORITY OF THE NwRALTR RNNSYLVANIA, JAMS POLLOCK, GOVERNOR OF THE SAD Common wait A PROCLAMATION. ferione Brancia: revuision has Oeoarred, result yenRIOM OF apecis Payment: by the banks or this Mates of tha Union, and tbe fallura of macy tone em honses Whereas, ing in the eas indnstrial (aterests of the peo- ple: and #bereae. an occasion soerpra crdinery reqnires prompt an? eili¢teut action to relieve tn dt and ow florlng commana: ¢o hereby convene the @ Nhe wealth, and feqrire the mempera at od Monee of Representatives to meet ty thet re. tpective be wees (a the caplial at Barrister. on Cheater, te tinh cay of Oetoder, A. L). 1867. at ld o'olck at noon of ‘that ‘ten aud here io ake toto coualdarnton, and adopt euch meneuret of rettet « premises ae resent exigenc: may veem to hem tn thete wisdom to comand, 24 Th iesiimony whereof. (have herevatn set my hand, and eaused (he great eal of the commonwealth to ba alflted, at barrieborg, this ah Cay of Reptomber, in the year of ‘our Lort, 15:7 and of the indepen of ihe Unt Sates ihe eighty second, By wae Governor, ARDREW @, CURTIN, Seere'ary of the Comimoaweaith. MARYLAND, SCEPENSTON OF THR BALTIMORE PANKs, ( tho Pattimore Amer'oan, Sept 38 | The at st festores of panic one d upon (he ex. inting Gono.in! proweure by the ences ta Falleaciphin ot] foxred must cocur—the at ep | con 5 sue Tee, talumore, Teemal erent action Das its unfayorabdie and its favorable sepect. The former le 20 readily appreciable and must make iteelf so oleerly felt that 1s is unnecessary to dweli on ishere, A consideration of the laiter is oka patna ry. I tho ors was ino-ttanle, prompt meeting ¥ W will ceprve ib of much of its terrors, A banks, wit ai! ite features of excitement and panio, fol- jowed, hep ihere insiitutions were no longer abie to de- fond shemaclves, by & io:ced suspension, would have greatly aided beth w ts presentand future evil infa- evors of ‘be measure On the other hand, the banks are GO the probable duration of the suspension It woald be Prematore how to express 4n opinion. 1 must depend fereviinily apom causes yet to be developed, resaltiag from tbe course of similar insti’ utions eleewhere, and the ‘bring on such a flood of disaster ag was witno wed in 1! or render the preseat difficulties as permanent and barresaing 82 then accompsnied aud followed the euspen- sion of payments, Of the substantial solvency of our owa the most favorable opiaim is entertained by Gihore beet informed. are not, we delicve, 80. ured of undue excarsi vn or | legitimate tran actions tha can seriously affect their solid crodit, Tnis factshould bs kext in view im considering the present posiloa, aud allowed its j st eff ¢ in mivgeiing the foare and rebuking the 000; ¢ of casygeraied repors thai wili now find uiler- noe. ‘Tho immediate eff-oi of tho guspension on Saturday was to brighten the aspeo; of commercial afaire and relieve ibe apprehens] n a2 constantly prevailing for the past month The price of money fell from 25g W13¢ per sent, and an advance of prices occurred 3% tne stock bosrd. tho jdisastore “that threatened the busiuess communt- ty have thos beer arrested, and the general feoling emopg the werchacis was one of approval of the course Aadopie. by tho barks The followiag \* the action taken at the meeting of tho President of \be banks, held on Saturday morning at ten o'ctock :— Bartinone. September 25, 1857. At ameeting of the presidents of ail the banks of the city of Baltimore, thie ¢ay ‘Cn motivn of Mr. Johns Hop¥ing, the following reroluion was adopted: Bevo ved. that the banks of Phitatelphia. having suspended specle payments, |: fa necessary ior the priteotion of the in- crests of ihe city of Salt.more and f this Biate, thet oar banks Th s deci+ion lsimade under an absolute conviction of the eviire #6: udness of our bepks. and of thelr abil\\y to resnme ‘st an early dx , to which end the business of the Dimas will be carefully + ondvoted. as ‘We learn Wat the above resolution was adopted by a ‘unanimous vote, wlit the exception of the President of the Farmer,’ # ¢ Mer hants’ Bank, who voted against the sus persion, ‘thas Davk continues to pay specie for lie notes Gp to the close of bank hours. We beve not learned what course \¢ will pursoe io-day. On small checks it paid out nous ofoher city bevke, but several checks for large amovats which pad provious!y been marked “ good’ fared no better ihen at ot.er banks. Although by the terms of thie resolution the s: of specie pay ments wee entire, the banks mitigated the se verity of the measure ag far a6 cossible by paying out Fpecie im small sums to the customers whose rants were known Ip this way @ coveiderabie amount of coin was Ciebursed, and will be fourd of considerable advantage. ‘The preseure of the suspension will be fels most inconve- pientiy in the small sales and monetary transactions of dally life, from tne scarcity of change it will oocasion. This msy in & measure be obviated by the banks ex: obss ging, as far es it may be tc ihetr power to do so, the larger gold coins lu circulation for ore dollar piooes. ‘The prevaliivg opinion in which the most intelligont of our bank cilicers joim, te that |he easpension will be but \emporary, and sbat an early rostoration of confidence will piace AtTairs upon & more fevorable footing. [ithe scoounts which we give elsewhere irom other cities Will joform our readers of the general position of allsirs fhe New York banks did not suspend on Saturday, At Pbilacelphia we excitement arising from the suspension continued, and from various other quarters we have ta teliigence of ihe progr sas of the financial conmmotica. According to & rigid Construction of the charters of our banks they forfeit their franchises by the sus- pension but inaswcoa @ tt bas been general ant la ‘voked Dy ap unaveiaehio necessity, to dis would have produced the worst resulw, there Will vo no hesitation on the part of the Legisiature in taking any ac- orion thas the oontingency may require. THE GUSPENSION OF SPECIE FTATMENT BY THE BANKS. {From the Baltimore Sam, Sept. 28 } The faot thatthe banks of Philadéiphia would suepend specie pay ments in Ssturdsy was apnounoed in the Sun of Saturday morning. The elfeot of thie news was antic! Bey: is we learn that Dr. J. Geneon Thomas Presicort of the Farmers’ and Merchanty’ Bank, objected to the rerciution and voted and protested against It One or bwO wibore, we are informed, ih ovinoiding with the majority, Were Dot originally disposed to atvooato It. meeting had not concladed apon i course nati! after hours, and in the interim considerable amounts of ipecie bac bien paid out, both to note holders aod depo- silors. Afierwards in individua! Instances various small sums, aud occasionally to large depostiors for coaveaience OF paying hands, $60 acd $100 were given oat, and it ia faid 10 be tbe purpose of the banks to contince to do thie ‘The Farmers’ avi Merchants’ Berk coptinaed to redeem {te notes throughout the day, and certainly ia entitled to lie esteem for such an effort siogio banded to maintain te position. The Oberapeake Bank reloemed the cherks given to the delegates 'o the 4 1. xdge of Odd Fellows, for teeir per diem and mi! ‘afer the bour of suspension, i od .. All the over banke, wo redeemed their fives and tens aa presented, until they cloetd at 8 o'clock. ry naturally, considerable excitement in though ropriety of the proceedings was | by wany and ite alleged necessity often freely coniroverted, the fact caused no aiarm. There was confidence in the ‘tavings banks were visited by an onaeoal number of their cestow ers, et Great for the purpose of withdrawing depeetis, bat tpon ascertaining that payment would oaly be male in bank notes, the demand soon subsived, and some who bad withdrawn iheir fanis restored tnem. The act of withdrawal, however, it sho be understood wo forfeit the o'im to the extra dividends. ‘We are pot disposed at thie mo aeat to advert tothe evils which induced the Monetary convulsion, * to examine the validity of any plea for tne suspension. Ic ie n calamity to be deplored, Det it is Incumbent upov all to bear and forbenr, to look pal. restoration of the anual monetary condition, or img beter hereafier. RHODE ISLAND. THR REODE ISLAND BANKS—®SIGIR POSITION AWD THEIR PROSPROTS. [From the Providence Post, Sept. 28 } ‘The failure of two or three of the ove huntrea banks of thie State, rather early in the present financial orieis, Altough the delinquents were never Xdo¢e Islacd bani otber ean in name, Daving beso owned #nd managed parties foreign to our Male, prompted here by the high credit the banke of tnis State have ro juety enjoyed, bat been made the groand of a rather #y sem atic elfur, of failed to meet the'r odiigations were doleg « Wonern bari. ness, and held Western railroad bonds and #tocks, is need to give the Impren ion that such ie the seonrition generally, ld by the bavks of the State. Now belleve that facts aod Ocaree irealation aad Copouite, obably & emeiler per centage upon the cep tal than the \abitivier Of (he banking instituiiors of any other seotion of the courtry. The I stock actually paid in, of the thirty nine banks of Providence, as epponra by the last ro- turne, was in roond nambers fourteen ands half millions ‘Thetr whole ot celati Secertained on the 2 inst. wre one milion seven hundred and sirty eight thousand little more than twelve per cent upon the capi total Coposite «f these banks apon the vy miilion eight bundred and eight thousand, oF veand ® baif por cent open thoir capital Total of ctroulation and deporite, consututing their entire liability to the pnbito, three and a balf million dollars, or lens than twenty fve per cent epon thoir eapital. No: coreisering the fact that these banks might lose throe fcurths of their entire capital, and sti! moot all their lis. Dilitiee to the public, takea im connection with another most imporiant fact, that the stockho'ders of neariy ai these banks are inaivijvally able for thoir debw, and ape of a bank lindiltty can be regarded a The conutry banks of the Sate would provably ® rather Mrger pit, comtage of circulation, per centage deposits; In ine aggroga it the same per centego of liability to the puollc Now, let ae | it the New York banks and seo with meting todieparage ovr banks in com iy the last weekly reportof the banks of tha y belr deposit: and ciroulation amount to sighty-four and a baif miliicor—seven milli ne more than their entire ri f00k aad specie ani od. It te trae, they have gene on reducing thelr loane and increasing thelr specie during isis, bri they Dave gone tt only et the the ol. ost sod supposed wealthiest houses ¢f the ', and fame Course purmed tro weeks a yt bring de,;truetion such aa bas aot ye! ree for the Boston banks Compared with those of Pro The total cironlation and depsette of the Boston oy if repor of the 22d natant, wae nearly miltions, or adoni sixty fire por cent upoo their capital. Ordinarily the foreiga collections of the pay their circulation and do- posits ina month; how far these can now be calculated wpon, for this or acy a&her purpose, hardly yen tare an opinion, The report of (be circulation and deporite of oar city banks, for which we ero indebted to the colitonse: and Services Of Mr. Hutton, of the Bask of Norte Americs, ton ly ‘and in depos nearty four hundred aa: fifty thousand do’ lars, lon of aboat thirty per cont upon thelr in the Jat two months. ‘The facte we have thet the banks of our own itn those of elther New York or Boston. proved nome ane- in say- ing toatthey oan and wilt ments, That they will continue to do It of the Bites absut to the ston of specie. te ries on pay mer = Put the Northern and Ww mete ts not one of suspension ut imply @ question of time. we do no; need Ww arg’ out the evils of a system leading may thas {p ovr opinion ! the evil. The attempt to hold on is Ret 10 be failed, ta wt that ought not to be oat ip dey yy ment “without wi Ro purpote; tho end is the lay bas come and wiih It on. to far ex- Ths reenls i a when tho crisis arr! nse weuees that pai Eat there will be of our system of curr tho present crisis arc leat of, and we forbear. STOPPAGE OF MILLS. PRONBYLVANIA. ‘The Ph! Press, of the 28:0 inst., tays:—Nesrly all the covou snd woolen mills of Philaielphia have atop] eady, ana the remainder ar Serer. Some bave ‘ant of fands, while others, finding that goods could not be manvfactared except at a loss, wisely vesolved to let their mills stand idic uatil the times ccauge products pay remunerative prices. With this lat \er cines, comprising Jess than s third of the whoe nuc- ber of our mills, 1é 1s @ question of me when they wiil reeume AM kinds of material command very bigh prices, and many of the manufactared articles are almon: eatirely uo- taleable. these stop ment over four thousand males and femal ly wages amounted to $25,000, or about $110, If the other mille stop, ae many more their employment, aud the public will bave to susisin them. ‘he picture is a sad and gloomy one, and if relief 1s not promptly extended, the Gisiress and suiering of Sasa os Slee We ep eens eee re voen own. RBEOPE ISLAND. The Woonsocket é’atriot says that many of the cotton ard woollen mapufactarors in that vicinity are cariatling operations. In Woonsocket one large mili hae totally sus pended operaions—toat of George U. Beliou & Yon, Tee cotton mill of Edward Harrie rane or'y two thirds the machinery, The Lyman mills ron snort time, es also the mills. Others are soon to follow tnir ane. mill adopted. Thirteen woollen mi Barriviile bave acopted the short timo system—that is, they run forbs of the time from thie dae; bes will adopt tt] Joan Hime or stop cnttrely, anless there shall be au im. Frovemect in tho businens scam. There woollen mavu- factorers ram forty.aix sets of mechizery, and omploy fifteen hondred of more atiyes The’ Patriot says ‘vont all the manufecvories etl] ran ‘short itmo’’ for « months; tbe oversiocked cloth markete will thas be re- lieved, whilo the raw material, be it cotiou cr wool, will recede in price beoanse of the Jous domand. Metsopolitan Police Matters, ‘The Police Commissioners met in secret session yesterday morning. The following minutes of the proceedings are furpiebed by the gentlemanly chief clerk, Mr. Embreo:— ‘The Board met at 12 o’clock—all the members present exoopt Mr. Chol well. Mr. Bowan offered @ pumber of petitions from patrol- men for permission to receive rewards. After somo dis- cussion it was moved by Mayor Wood that all such moneys be placed in the fund to be created under the law for dis- abled policemen. ‘Mayor Powxit suggested that the chief clerk be requested to provide a book wherein snail bo entered, as an evidence of merit. the several sums 60 paid into the police fund by tach cflcor—which was uDapimousy 4 Mr. Bowen moved that in ihe case of the New Londov rob! proceedings be tmmeciately taken for tho reco very ike reward offered for the apprehensioa of the levee. ‘The complaint of © J. Warren, property clerk, with re. £ard W0 Lhe clorks of police courte not complying with the law ip relation 0 stolen property, Was, on motion of Mr, Bowen, referred to the Vommittee on General Discipliae, to report measures to the Board for tne remedy of tho evil. department, poe them to dale for sorvices, as war explained by yor Mir Dowsx moved thatthe men of tn the Righ/h ward aud iried on the 25.b be retored to duty and pay (rom the date of ruspension, which was carried. Charges ageinst Wm. Westerfela wore, upon motion of Mr Bower, dismissed Mayor Woon moved that the obief c'erk be instracied to keep a book siphadetioslly arranged for ihe registering of seniences agaibat members of the force. Ubarges againat J. Shipton were proved, and the sen- tence was surpention from pay for tntrty days. Charges againat George Foster not being suifictontly proved, be was restored 10 pay from date of suspension. In the ome of James E. ‘charges were proved, ana pay forfeiied for thirty days. ‘Mr. Sreananan moved that Daniel F. Jones, Moses A. Monn and John Eiliot be made petrolmen of the Motro- poltap force in Brooklyn, which was uxanimousiy carried. Mr SrRasanax also moved that Conskilo Smith and Jone Matihews be appointed sergeants of the Brooklyn force, which was carried. Is was, upon motion, res)ived that ( wen Oapningnam be dismisned from the department from dato, The Board then adjourned, © moos af 2 o'clock on City intelligence. HORTICULTURAL SOGIRTY BXHIBITION. The best annual exhibition ever given by the society, opened inst evening, tf Niblo’s saloon, and was lary oly at tendod. Tho fragrance of myriads of flowers, the ponder ove fruit and pletboric vevetabies, with many curious va riciles of plents, will grauify tho most sensue) se woll as the most scientific. Amor, the planis, the aru integufo dium, & tropical water lilly in fell bioom, te probably one of the moet remarkable in America Spocimows of croton varigata and orc\ids, or air plants, aro curious, Tao lat ter grows on deoay ed sticks, Its root devivine thelr only nourish eat from the air, Tae (lowers are iascious 4 flora! herp, revice, temple aud tower, exade the mot delicious aroma, while barkete of lowerr, and av oun ally tne a! of cahiias aad roses eda to the avirac. tions. Tao fruite and v getablos are unusually ‘empiing, and the only wonder is cow they remain so rei xivualy unmolested by the many visiters. The premiome are already awardod, but want of space prevente our publication of the Ii A grand concert, at which the Meudelssohn Union will asee, ana a festival, are © form onuscally attractive features a: the cloaing of the exhibition. The substitution of Niblo’e ex loon for the former place of exhibition is an improve- ment, and with the exreiient music produced mast ensare 8 large aitendance of visiters. New Carnoric Cuceca —O Sunday law, Sept. 27, the Cerner stone of the new Catbolle church «| Sing Sing, N Y., Was inid by the Right Rey. Johe Hughes, Arcabishop yw York, assieted by the Rey. Fdward McGesa, Rey. F. MoNotracy, Secretary Police Intoiligence ARREST OF AY AluBOED Brnota feos Pum anmLems = Joha Miller, alias Houston, alias Morrivon, was arremed yesterday after noon by oflloer Reach, of ho Sixtesoth ward police, op charge of being @ fugitire from Putiadetphia, where be stands obargod with having been implicated in the Inte bargisry perpetrated open the oxjonstve dry goode house of Curtis & Co., Chostaut street, whon ile valued a $6,000 were carried off by tne thieves. Too priecrer i# aleo charged with having boen conneted #/ta gang who robbed J. Anderson, dry goots meronant, corner of Third and Market etrente, ef $1,200 worth of property: and alvo with baying etolen absut'$.100 worth 9° jewelry from ® bouse in Mpring Garden street. Searon was made at all the. feovlving whope in this chy for the stolen goods, bs} without succow. The priconer as brovght before Juvticn Fiandresa At the Jemferson Market Police Coort, where offiesr Tag art, of the Philadetobia police, waa in waking tv convey im ‘back to the Quaker City for trial, The wccsseary alll davite wore mace against ihe AosN#ed apoa which +> hold him ja oustody anti a reqat ean be hat from we Executive of thit Mate, An effort wae mate by the prisoner's cympeel to have him roloased [rom oattouy by means of @ habeas Corpus, dat w/thout enovees, Coroner's Ioquast. Tm Hooray Starx Cam Coneuenan —The inquest tn the onse of Michael Mickey, the man who ‘ied from the effects of a stab received at ® political row in Firrt avenno, scar Kleventh street, on the 84 inst, was covcleiel you terday by Coroner Connery From the maee of tostimoay taken before the jury ba! very little olue coal! be aTorded to whe jer of the 4 ‘The jary wero, therefore, compel to render the following die, —"' We, the shows aredao- | DEMOCRATIC RATIFICATION MEETING IN THE PARK, jory, believe that Michael Mickey same to his death by a ftab reosived at the bands of tome person or perroas y, bat from the evidence # We WoR!d recommend t the Coroner to Of Patrick MeKoover, Paddy Malligan and the two Rileys, eons of Bernard Rilo: ven pamer are unknown to the jury for their ap os before be next Grand Jory, 1; hove verdict warraate were of tho above mentioned perte: Whe State Nominations Ratified—The Presi- dent's Silliman Letter Endorsed--Latters from Mayor Wood and Ex.Goveruor Sey- mour—Invitations to Union and Harmony, &c., die., de, A great demonstration of the demoorasy was mado last evening in the City Hall Park in response to a nall from the Demooratio Coztral Club. The object of the moeting was to rm ify the nominations of the party reoontly mado in Syracuse, A plaiform for the accommodaiion of the speakers was erected in face of the City Hall, and was do- corated with the usual supply of flegs and banuers. Tao guo of the Empire Club was called in:o requisiiion to deafen the good citizens of New York, and ® oaiciam light ‘was among the attractions. The members of the club were to meot at their rooms in Cans! street, and march in pro cession to the Park, and the speakers were notified to as sembie jn one of the back rooma of Tammany Hall ‘This aflair was not the reguiar ratification movting of the eae g0t us as & Bort Of private enterprise, Dy cho piral Club, 8 precocious ausosiation juette ndaysolt. The gunard the music and the calcjum ligkt wore effvouat ry bring, or quite a large assembly. Mr. Wa. J. Ppresicent of tho lad, announced the cbjects aud intentions of the association. It bad heen formed, he said, by men of the poopie, who wanted to keep aloof from the p:ejudioces heretofore createa by ihe diviaion of cliques. There were suti found among the fomoorasy of New York men who were willing to taxe the responeibiliiy, and who could sacrifioe personal #11 tion and petty jealousics to tho great sim of the party. ‘Tre democratic part haa dove iweif an honor in pticiog Gioeon J Tucker at ide head ef the State ticket. (Applause ) ‘Tucy bad been told, he ea'd, that this mestirg was to bo disturbed, (Cries of no, no) Ho would like to sot eyes op the mancr cm the army that would come into thie park te disiuy > thie meeting. If there bad been such an at- ‘empt, he and big gallant friends would bave presented their ureaete w the storm, and, “by the Eteraal’’ they would teke the responsibility ' Their object was pure, thele priclpies good, and ther invoked tno bless nga of God upon thore object and principles. ‘Musle by the band— ‘Kory 0'Moro.”’ Mr. Wx J, Hasksrt nomineted officers of ths meeting. At this etego of the proc’ edings atorch lignt procession moved down Bread way aod filed into the Park, with mu- aio, batpers and transparencies, ‘This was the Domooratio Central Clud. As it marched past the itanc, threo cheers were given for the Union Democratic Club, a rival aller which took no part in these proceedipgs. ‘A sortes of resolutions endorsing the nominiiions, &0., ‘Woro read as the ronse of the meting, and wore adopted, meng them Was ihe fullowitg:— Reao'ved, That while we deprecata all parisan attempts to proveke slavery and ercltament, we approve the sovltlon aud appl of the recent admirable loter Of President Boeha: ‘aware to the communica ioa from severa! clerics) and aitents (f Northern Nt ih Our judgment the entire Kans quertion, whe torical set cr goveroment action, is placed’ therein npoa i's true Danie; the oblgR.Jons of the Kovernment and the rights of the people of tue Territory clearly defiued, ane the ersen Hel principle which lies at the founda’ioa of oar whole achome of Terrorial orgenization, righily to enfore the prigripie 60 somer avowed by Congrera aw the true toteni acd mensing of the Kauras-Mebrasks act that "ii ia nt the design to legine inte Bavery tio any Territory or Biste, or to exclude tt therefrom, ditto leave 'b thereof free ty reguate their dcmestic thetitutio: own way, subject to the conmimniton of the imi The Conveatioa declares s ungnaiiied acherence ondwork of tha sdjas. vent cf this dangerous y Controversy. tn the only ivem panciicred by bx ennstitution. cons'atent with ite compromise with the righisct the States ard with ® just recvgultion, and from eniighiened public sendmont ‘Ibe following sup) lomentary resolution wasjproposed by Mr. Roam, ane adopted: — Resolved, FDat, tn ibe lenguage of the ¢iatingulshed statas- one has been read to us, we hope una: this towy We #U auspieions oscasion for the democracy (1 New York. and that the Genera, Commi: eee now in session at Tommany Hell may, In the epirit of pairiote ree ssciliauon and democra'ic brotheraood, «incerely unlle and justly Rarmouiz® {p10 one compact front, to move forward in the van of tbat migh y army wbich \# assem ing fur the overthrow of fanati- ‘A \elier War read from Mr. Giprow J. TockeR, recog: tervices of the Centra) Clay. ht the Kr. Isaac B. Wrucat, of Boston, was introdcced to the meeting Waichmen—sald he—tell ue what of the nigh (laughter ) The response was that the pianets were ‘end woving barmoniously in their reepociive o bits too, in the polities) Ormament, each of the states wi olyiog in Me Ropropriate orbit,’ They, too, were dri together by the strong atiraction of mutual interest, juspelled by « strong regard for the righis of every o} Siate. The Americna conatellation was beld together tbe centrifegal aud centripetal forces of attraction and re- pulaion (A voice—"'Whas of the comet?’’) Propping the astronomical figure Mr W. descended to a ditcussion of party politios, tractog the career Of tne cemooratic party fom the days of Jeferson downwar The democracy 0 now to Nght with that biack faced, black hearted, no d erty whicd wantet t) act ever again the favie Wou)d drive them oat of the brief hour wag ended, Hes knew that spirit and determination wero in ibo demo- racy of Now York, and bo that wat a and barmoay id be also among thom. (Cheers) tie urged them to threw to tho wind all bickerings about piace aad pat- vonage. (Oherra and lenghier.) He thooght tat the democratic party of New York waa no er ia hotter con ition for union and reconctliation than it now was. They bad no subjecots of content oa to divide them, becsuve the whole Stae waa without the credit of the Inet great demo. cratic triumph which pisced James Buchanan in ihe White care. Mr. Roes bad the pleasure of ansouncing that tho skies were bright for « un'on of ibe conflicting erotions of the party, and as ® proof of that ne would read @ lower re ceived by the club from the Mayor of New York. (beers for ane Mayor Wood's letter is as follows — Mayor's Orrick, New Yor, Sept. 98 1837 Ein—I have reesved tbe kid invitation of Ceniral Club 10 be present aad addrena,m mans ratifieation y morrow eveping ia ihe Park, f " ef Pewtom: but the car before their ihe Miale nominations. Ro to these nominations han mysef, d=. a them te all respecis we } qualited for the oilicas "0 which hey have ber a nemisate, myself voted, ia the Convention for each nominee save one. Lem glad ihat your spirited end patriowc clad thus opens he campaign juintion it na alroady earned for starn devotion ty prit ciples, and ‘be emergy with which | devotne | a if to the redem tion of the Stale from Diack "reoubloan’? mimule WL! eauille ito the graituce and remembrance of every well winher of 0m, No gbilaaibrop! zea (haa to riddirg the Bmvire # ns of the naif h ropvand reck.rns power which ny arrived when ft mus! sink into Geqrncaiion, where such pure paricts as Be ened, Woee mod Maueacn at 'Albacy, and ant Wols aad participant Groeiey and vadiey Field, o York, have placed tt rescued ty the indignant @ 0d @ ‘ke jon of Ihe by manven rising in the vem Legialatne ite resu''#, moc anotber such tepure of pow: en to thowe poy ® | invar- £44 miiiiona to the virea’y bar.benwme disgrace surroueding the oe twenty years of dem mer, wi'l Cer rive ihe Siete of Its rerourcen, Bal leapre ve ment fi Ore ihe pr ie credit oF Hevive the puble hetor. im my J dgme :t this crisis nash deed ar- rived f yyvera- The ;juestion prenmind ie pnbiie ra mor change 0” ment | Ner szoul ! the clty of New York | contest Ger loeal well p t ve w our ote Tresanry, attorneys aad H med by ten very le ing wh Five them Cae pow ef Bed Drofemnion st map « 1 re eret went Nt will not be Sams power to b* present a! the meet ng: Apo AF Crugagemert © bik | regard wi'l prevent it, Very reapeesy neq, President, vars FRRKANDO WOOD, Wes IR The Firet Mard McKay Domoeratio Aezooiation marohod past the platform aurirg the reading of the Mayor's otter. Letters were read from Lyman Tremaino, Daoiol 2 D ok inson, Gevernor Wise, of Virg the Ait stacy Genera: and Secretary of the Intertor oc the Un ted States, and ox Governor Seymour, of Now York The ‘ollowing aro ths levers of Governsrs Wise ant oz mour— Ricuwoxp. Va. Rept 2, 1887 Peer, President, sud «. Asitiy, Oorresps: Seereinry Grstirmrs- 1 ber you 10 preven the new sork & . for thelr invi x me, 20 Wad. yy Rcknowletgmenta to jad, aad to thank them mass ratifeauoa meet.og on the re unten of all “divial «8 and cliques preseat with >on, but rou have my hesety oom Oar Party” of tbe Empire stale, and emoer lhe lore of We Uniow biad Fou together ag browker Yours, wely, BENR May ps irtoth Sie— Torr Intier daied the 224 inelant waa » me nntil yestertay Tf reeret 1 cannot atiend 'be dew meeting to be held in the Pare om Thetdny eet; my eng men's pus ft out of my power to gratify myeelf by bein Preeent'on teat neonsi'n, Wiherslee it wouM give me great pleaotre acdrers the “New York Oentral Democratic Lind.’ Tn commen with onr demorrstic friends in all seetions of the county, 4 feel that m gre wroug bas Deen done to tre cit rene of New Tork and Breotive. and | intend to do evervihing in my power to wipe owt rom the etatate books of ovr State the mrreial Pulp, ond ye alooe ame are mavacied aed Opprersed, 1» preven eroment ' ihe law Aeorivin’ their 6! law peninet the corner mone of our am are den'royed, th ir pAtOpA) Cor® » rium (for aouetry is @ Wrong our to tee whole meraive party, theretore, wil cever seave ite tore et) # done {9 the erent Commercial matrpolie of the Untied sates, Very truly, yonss, ‘ H BATIO SEYMOUR To Ws J. Rove, Beq., President ao. & The next speaker was Mr. Jous R Evmarrt, of New Jar. fey. Ho said he wae provd to 09 here to night, tro tein porery represeniat've of New Jersey. Every pulsation of bis Beart boat to aight as freshly and vigorously aa {t did iniity peare ago, for the honor, the glory, the prosperity and ibe demorratte trieraph of the otly of New York Mr’. Auexaspae Tl Miso wae ext introdoced to and ad- drersed the meeting. | no Monro, | Jone Hi. Astuos, Hon. Trowas J. Mespsy and Councilman Jowes also addromed tne meat log Mf Avthon cenowrced tho ayetem of leaderabiy by ocinm tteer, and hoped that the people would that nigh augurate a pr neple of independence. Mr. Ww ad he cans frem the mnoeting of the oom mnittess, and he nourced oMfstally thet they bad buried tau ha‘chet, and Were then emeking the calvmst of peact ‘The announce # reo: ived with vociferous applause. RESiDRNT aeked tho menting to proceed to Tem niepy Hall end seremade the © nivees who bad formed wch aherpy uplen, the crow seatngly ; hot the all Pre ro terepade we from Havana. ABBIVAL OF THE PHILADALPHIA AND QUAKES OIry— BPROIE FOR NEW YORE—& ROUGH PASSAGE—NA- GROSS LANIED IN LaKOk NUMSEMS—MeaALTA AND TRADE BEPORTS. The United Sates mall steamship Philadelyhis, Capuim Grif, which left Havaza on afternoon of 234 instan’, ar- rived yesterday morning. ‘The Philadelphia loft New O: leans on 20th September> at 5 A M., arrived at Havana at sunrise 234 instant, and sailed afleraoon of same day. Captain tyiffin Jandod thirty two pamengers ant $6,000 io epecte at Havana, and brings twenty ono passengers and $1.5,000 ‘mn apecte for this prt. Frem Hevana \o Cape Hatteras tho Philedalohta encoant- eroi heavy oead winds, accompanied with « terriflo head nea. We have to thank Purser @uilay, of the Phiisdolphia, for fall fies of Havans papers The steamship Quaker City, Captain Sbufaidt, from Mo bile the 224 and Havaua at 9o’clock A.M on tho 26th, arrived hore at noon yesteraay ~forr days and three hours from Havana Has bad fac weather the enitre passage. Notbing of interest iranspiring at Havens. The health of the city ta beter, Pugere not dealining; stock, 196,000 boxes oa hand ® Havava; Matanzas, 27,060 boxes aad 1,800 node, Money abondant; loans, six months paper, 10912 par cent per annum fachange op Lovdoa, 11 to 1l}¢ pre’ mium, New York avd North, par. United states goid coin io demand at one per cent premium Freights dull} novera! largo vessels bed left im baliast. ‘Tho steamship Daniel Webster, from New York for New Oriesns, arrived at Havana on the 24th and icf tho next doy for Key Weat. The sieamabip Siar fihe West, from Aspinwall, and the Eeglivh mail steamer from St, ‘Thomas, wore both over due at Havana whon tno Quaker City salted. The heal.h of Hayvans was rapidly Improving. Several cargore of negroes had been landed on tho north sido cf Ouba. Two Spanish vessels hal boon seized and several pere ns snppowed to be implicated tn the trade bad been imprisoned by order ef tho Captain General. OUR HAVANA CORRESPONDENOE. HAvaa, Sept 48, 1967, Wholesale Landing of Chinese Ovolies— the Disguised Stave Syitem—Clancers’ Cructties and Suicides of Asiatica— african Slaves Openly Landed near the Uastle ~Eicape off the Copiain and Orew of the Vessel—A Dead Nogress Left on Poard—Amuer ican Vessels in the Trade—Proops from Spain, Since my leet there have been two arrivals of Asiatic fron colniate at this port—the first on tne 16to inataat, 460 1a number, under the French flag; the other on the 1%, 249 ja number, exder the Dutch fleg. They both Game via st Heleva Of the Oret cargo sixty died ab sea, & clrcumstance will prove to you soe cruel ) our white slaves undergo upon ike sugar sen ip sbi rian, Lad ea'tby Ureole family are the proprietors of several teres. Coe of these ia tilled almon aloguthor by who wo, in derision I suppose, caliot free oot mn this estate recestly, for several nucceastve Je, ree of four of these Asiaice commind autcide. ‘The bomber thal aid #0 at length atrac ed coe attention of Wo auiuorities, anc ap investigation war entered into, #0 Mf posmble Wo ascertain tho cause of so many of wore Py men taking thelr cwn lives, By examining uot only of the decassed, but Itving Asiaucs, i% was cle- © Covered with suars caused by the whip from the rapes of their necks down to thelr very ancler—thai no negro bat ever been more cruelly whipped, Usmer tho verma of ibe contracts enveres inte by there Coffere 4 copy of wich ia Umivess sad Spanien ts in MY posseasion, they are bounu to submis wo ‘ihe dis- of bo eainke” upon wiica thoy aro engaged. By ed, from ao inleliigont Chinese, ihey understand, ® coulcrmance to the hours of inbor o8 too exiave, the por: forming such work az thoy may be directed to do, to the best of sbeir ability, anc, in short, oonduoting thomecives Ba g00d laborers should du; but they did pot suppose hey Were, UPder any Clrcumetaace,iv be whipped with the laeb, “If,’’ said this Obinese to ine, “any coe commitied & theft, then we thovght the pur ishment would bo | sprison- men, end in bad cases the baminado.’’ In rooly to my ‘# he whipped?’ would’? 6 parlonaely, ‘first kill the mas who whij me, aug when wil) myself, | could pot iveaiwr | bad flogeea.’” Apout 2 o'clock A M.om the morning of tho 18th inst, ‘the sono ner Villa Nueva, many youre drughor oni and wo the port, arrived from the o-watof africn dhs boldly port, aud landed her cargo of boxsles close DY Caste, Zhere were adeut eighty of thom, and forty volauea wore awaiting their leading. [ato tame tbo Punts bed Deon dow bila made sefe, ior be deoiaren bo did not tink It at ali siagolar to feo ‘orty voisntes following each other at twa o's! ok im ve © see tue Ville Now & me IhLo be port, ead thls Das been accortamed w De the one, | worcer bow it would be wer enter the har bo --wo ld not diate erection Of & lookOat UPR fOMe poriiwn of the ford. fcaticne the ober be hi whence uot even @ oes © Uld Come ia Wilhout bels g seen ? Tee Awerican bark Maz*ppa bee beon ca dured by @ Spsnieb croiser off Cardenas an? carried into set baving more than 700 cozales on board, baif of whom are the smaiipox. The ¢ ow of the Masepgpm, T re alse near'y ei! pick, #0 thet they could Dot haréle per, of abe would aot Dave bows captared, 1h wae the Dark Wonks, aud not toe Clare & Wile As Teporied Dy me reocenty, thet Inudoo @ cargo ok The Minwewonks bas in goee, I loern, to Y uc. whence the 1, aftr D ing plaore ander ine Moxt- ing, aeio one! trip Wo the oveat of Africn Tho om. lure 0! tho American tare olf Carconss were mediately, Lau toid, by sbe ape ial orcer of /he Captain General, paid $46 for each bezale found om Doard, ae prize money Tam wid that he Real Aadte: bas decreod that the be zaies seized on bosra tho steamer Almer at Gar. Genes wdich were claimed v7 Deon Bouifec\ do la Cueme, &® short ime e290, +beli de relaraed to tout gendemea— they (ihe be zalo8)' de eg | properiy Theo heard of several arree'e v » charged wits the (aisifice lon ef cwfular of prove ton ior alaves. We nave iad au arrival rom doaln with ope #ab Leu fewant, om0 sergract anu 265 eddadon TELEGRaPATIO. Chantestos, Sept. 98, 1867, The stoameh ip Catawba, fom Mevaas oa she 6m via Key Wert ho rame day, bas arrived, but brings no news of Importance. Scgact a} Hayace wore deproseed, and prices were do- ‘ebpirg ‘The stoamehtp Nevtel Webeter, from New York 17th fomt, war waiting #* Noy Weat for the Califurnia mail for New Orleans, por Siar of the Woat Oar Port au Crince Correspondence, Port av Pauwon, Hayil, Sept. 4, 1867. Let U op = Marketi Rata Preightom Heal Report. Smeoe my jaw! doatnere has deen prvtually crowing more doll Tho old coffee crop te now ali in; it price bes risen to $12, Camprachy wood i plemy as $4 60 por 1,000 poends. Prime perk sclie at $21 sod more at 83° per bar- rel tie > Sid for prme ane $22 for mew. We ely oot of rice, lard, (ooeeco oud deur; all | high prices rd pte Dears are sril'ng #t good pricge—the sation a! 848 per 1,090 Trade Dulin The € form $10 60 per 1,600 and fest, Websro more boards bere now than can be com- fomed Ineix monthe What @ want ‘and other baileieg wo d. Cer por',eo dull of lave, hae been enll vened by tho arrival of ‘Avo auloe from the States. For towe of theee {bere ‘# [ittle chance of geuing away soon, ‘There (@ litteaickees® cow in por. The ca tein and mate of the brig Serrb, of Boeion, have been down with the fever, Dut are now well agata There sre no Hher Ameritas Pout av Puivow, Sept. 12, 1967 Cam of Sich Seamen in Port—Oourse of the Shipownert— pinion of the Emp -ror—Situaiton of the Hopvais and Charges of the Dosors Podlic attention bas again been directed toward the con | dition of the peor seamen who frequent this pork Tho chipping {nterest, aptil recently, expressed themselve tatiaded with the existing siate of aifaire, sod have in mow case refused to render any materia! aid. They eay the their hi 'e in America, Nogiand or France, a# ine cas: tray be; 7 Dave eatablithed thomeolves in Hayti, atthe risk of Ubeir lives, merely for the parson of trade, flad thomvelves * (Uclsatly rice, return to their ows countrice, therefore Hoey cane ot emecivae and epond their Ap atlalr which proporiy belongs to the covernmen! The Emperer, some six or tercu monthe ago, geve his directiy ym che subject, in aa address, in which he Reseried thet 1} was: ot th y.of the empire to enoow- = foreign retticrs in any part of the island. What more effecteal mode of enproritay policy Woan that of main- taining the dread of fever that hangs in lerrorem over the heads of the vsscolimated? Yellow fover, ae la well known, seldom aiacks \y teu whose varonts were bora on the jaland, sod & (oese caves (he malaly aseumer . milder acd leas dangerous furm than ts found foreigners. writttwe describe the altustion chosen for our how y be eurpriged at the 400 to 260 < American tailors Witn the ex- our hospltee are b 0d you # What coeur seariy tt ception of one oF tm rid r of he Sauer aboard ship The charges, | bas airoacy meadoaet, are cnormoee, aad the at: rome of the buildings vory poor, fp the im. the city there are bills compara rely £ Dow tile, euch wa iDey are, Ought

Other pages from this issue: