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f ^#BSSR5*eHB*B598e5HE55Ha 3 l o t m i a t a i m a m t t t s c v A t f B U R N , N O V E M B E R 2 2 , 1 8 3 7 , The People's Candidate f o r President, G e n . W i l l i a m H . H a r r i s o n . T h b A b b u r k a n d S t r a c u s * R a i l r o a d is n o w bo p e a r l y finished that it is expected die cars will m a k e their first trip next w e e k from thU place to Geddes. T h e c o m p a n y certainly <t®*«rve the greatest aredit fbr the e n e r s y and per- jeverance exhibited m the completion o f this Work during tha general prt'USdffl 8 qd WSlit flf COtlfi- danc», which have put a stop to almost every si. milar enterprise throughout the country, It c a n n o t fail, h o w e v e r , t o b p c o m e a c a p i t a l in v e s t m e n t , and w e rej d e e to * e e it s o n e a r its c o m p l e t i o n . One o f t h e s e days tve a n t i c i p a t e the pleasure u| a c c o m p l i s h i n g the distance from this place to Sy racuse between sunrise and breakfast time. CootrTY Expunge*.—T h e Board of Supervisors adjourned yesterday. T h e am o u n t of tax levied ia $30,670.62 to defray the expenses o f the c o u n ty for the past year—o f which amount Auburn pay* $ 8.714.221 ! Last y e a r the county tax was about $ 2 5 ,000. T h e expense o f supporting the poor in the poor-house is $ 6 . 162 - 81 — the expense for supporting tlie poor out o f the poor-house is $7,961.18-m a k i n g a total o f $14,123.96 for the county poor during the past year! T h e amount actualfy expended for the erection ofth e Court-bous* is $21,422.11 ! “ A d v k k t , a Alxs't-KKY,” is tlie title o f a new Po«m by Mr. A . Cleveland Cox. which is lo be Issued by the first o f next month. It will be 'handsomely got up i r 12 tno, and wil! be furnish ed at $1 per copy. Mr. C. is favorably known a i a writer; and as the subject of the work is the Christmas festival, it will form a very pleasant end appropriate offering for the season. Sub* •criptious re c e i v e d bv Ivison & T e r r y . T a t s N e w O r d e r o f T h i n g s . — Is it not high «im« that petitions to t h e next Legislature were eireulated in every section o f t h e State, calling for the passage o f such laws as the present situation o f the country requires. It is true that without •uch petitions the popular branch o f lhat body, geing, as they do, directly from tha people, will he likaly to do ail in their power towards undo ing the evils which preceding Legislatures, for party objects, have brought upon us—but with the other branch it may be different. Old prejudices and promises m a y still hold an unwarrantable sway over their conduct, and make it somewhat <iifficjltfor a portion o f (hem, at least. to conceive it possible that the people have intended, by tlieir recent act o f condemnation, to point out the course which they dosiro the next Legislature to pursue. One o f the measures, the adoption o f which »hou!d be strongly urged in such petitions, lith e repealing the l a w by which our State banks w e re prohibited from is-uing bills of » loss amount than $-5. Our people, from one end of the State to tho other, have already suffered sufficiently fbr this piece o f party bravado and ignorance,— the State has been flooded with the notes oftiie ir r e s p o n s i b l e banks o f other States, and the count less shin-piaster e m i s s i o n s o f our o w n , until all classes are ready to hold up both hands for the •Id and well-tried order o f things. Let thorn now manifest their wishes in the shape o f peti tions, and then wo be to those who dare disre gard them. At a large meeting recemly held in New- Jersey, composed o f tho members of both poli. *icat parties, resolutions were passed, calling upon thair Legislature to repeal the law by which *tl»e circulation o f small bank bills was prohibit ed. declaring that while that law was profes sedly passed for the purpose o f bringing a b o u t a specie currency, its effect had been ' t o drive the specie from circulation, and to oppress, rather ihBD benefit those who depend upon tlieir daily labor fuf their daily bread.’ •* T h e H o m e o f my C h i l d h o o d , ' ’ is the tide o f a new piece of Music for tho Piano, composed by J . F i s l y S m i t h , and dedicated to a lady of this village. It is highly spoken of by amateurs al a production, and is h andsomely got up. Pub- fulled by Iviann & T e r r y . We have placed the official canvass of the votes •given in this County at the last Election, on our first p a g e . __________________________ By comparing the votes given in all the States in which elections have been held during the pre sent year, with those o f the same States in 1836, it appoars that the nett W h ig gain has heen over Asne hundred and eighteen thousand votes! A c c i d e n t . —T h e cars have just been put upon •the Auburn and JSyrnruse Railroad, and it would •seem that our boys are determined to prove the f a c t , beyond the possibility of doubt, that they were not intended to be played with. On Sun day last,, we understand thoy took tlieir first les- een, in the course ef whh b one « f their number liad his leg broken. I n Natalies, during the months o f September and October, the num b e r o f de ltbs fromY a llow Fever was 244. T h e Van Buren men endeavor to console themselves under their roppnt defeat in the fact t h a t in some counties the numbar o f votes polled was leas than formerly. N o w , to our mintl, this offers them very little consolatioa. fVky did their m e n stay aw a y from tlie polls 1 Be cause, as many o f them expressed themselves, .they did not choose to support their party in its present unwarrantable measures, and there fore exhibited their disapprobation by withhold ing their votes. ___________________ H o n . C. Braxton, o f Virginia, ha* made ■Gorrst bmiih, E-q au »ffer of all his s!ave 3 , on •onditionthat Mr. S. would enter into bonds to provide for them till they were o f age. Mr. t5. ■ha* signified his acceptance, and authorized them to be sent to Peterboro’ with as little de lay as possible. ____________ T h :8 is tha day for tho grand VVhig celebra tion in New-York. T h e day was to be opened jsud closed hy a grand national salute oT 400 guns. T h e Penn-Yan Democrat—a strong Yan Buren T H E E L E C T I O N . T h e election in the Etnpite State is past, and gloiious, indee 1 , have been its results to the friends o f republican liberty. T h e most sanguine hopes of those who have oppoged the disastrous measures o f the Governm e n t for the last eight years have been more than realized. Such an entire change in the councils o f tliis State as has been produced by the recent election was not un expected, because the interest and (he honor of the country did imperiously demand it. Never iu any age or nation in the civilized world, has the confidence of freemen in their representatives been more s h a mefully violated,or publio opinion more wantonly set at defiance, than in this State, w h i c h l h e R e g e n c y b y w h i c h it h a s l o n g b e e n g o verned, In its imperial aspirations, has been pleased to ptylc the Empire State. It hai indeed be«n the i m p e r i a l s e a t o f those who h a v e d i s t i n guished themselves for adepts in the councils o f tiie nation, for political q u a c k e r y and corruption. Fi.r the last nine years, the policy o f lh*s State has, by the c h i e f leader o f the Regency which has governed il, been controlled by a base subservien cy to the m e a n * by which he, Martin V a n B u r e n , intended, and by which he has been elevated to the C h i e f Magistracy. Those whn had not c o n fidence in his public character were opposed to his elevation, becauso they had seen, iu all his political overtures, an entire destitution o f prin ciple, an inconsistency of conduct, and the p r a c tice o f low and dishonorable intrigues, intended only to advance his own selfish ambition, regard less o f the public good. T o attest the correctness of their views respecting him, it is necessary at this time only to r> fer to his professed anti-bank policy among the last o f li3s h u mbug experiments, by means of which the most important interests o f the country are embarrassed and depiessed. the government b a n k rupted, tho honor ol the n a tion disgraced, and its credit sinking in the dust. In view of the late election, reference to the poli tical conduct of Air. Van Buren is proper ; be cause an indispensable, i f riot the most important qualification, required o f the toiy candidates, was a resolution to advocate his character and admi nistration, and tho doctrines contained in his late message. W h i l e the destruction o f the National bank was in progress, those devoted to the inte rests of Mr. Van Buren were instructed to cry up the utility o f t h e State banks, as all-sufficient for the purposes of an tffi ient currency, and the safest depositories o f the public revenue. In (he zeal o f Mr. Van Buren and his predecessor to crush the United Stages Bank monster, and at the same time to kenp in view the golcl and silver humbug, the Treasury Circular was issued to save lrom bankruptcy the all-sufficient deposite bank*, ft required but little foresight to know that this wotiid be likely to result in the imme diate prostration of all the banks, by draining their vaults of the means o f paying tlieir bills ; and this was to happen after tbe greatest encou ragement had been given to the State banks to make extraordinary issues o f their bills, by w i t h drawing from circulation (hose o f the U. S. bank, and by throwing the U. S. revenue into si>me of them. For these improvident measures Mr. Van ■ Buren has made hitnseifresponsible to the nation, by retaining in his possession the bill passed in Congress by a very great majority of the people’s representatives, as also by avowing his resolution to tread in the footsteps of his predecessor, who had suppressed this bill, in direct violation ofthe spirit o f t h e Constitution, and the sacred faith o f the nation reposed in him by virtue o f his office as their c h ief magistral©. And now that the banks, both Nation'it and State, having been incapaei tated f o r f u r n i s h i n g a c i r c u l a t i n g medium efficient for the exigeiicus ofthe people, we next find M r. Van Buren urging upon the consideration o f Con gress a new, and, as it »s believed, a fatally dis a s t r o u s experiment, that of divorcing the govern ment from the banks: that is, in more proper lan guage, the withdrawing from thom that legisla tive a i d io which they have owed their origin, and by means of which they have been enabled to furnish almost the entire currency o f t h e coun try for the last forty years, and during a state of p r o g r e s s i v e improvement and prosperity unprece- den ed in the history o f nations. T h a t w e may duty estim ite t e wisdom and patriotism of those who i n lhe late e l e c t i o n supported the partisans and friend* of Mr. Van Buren, and that, too. in furtherance o f his preteuded anti-bank policy, it is necessary to refer to his own principles and conduct on that subject for the last nine years. By taking this retrospect, it will be seen that the policy developed in his late message, an'd in which his partisans would support him. evinces most clearly hi* entire destitution o f principle, o f con- siatency ol character, and o f political integrity; and lhat all his overtures respecting the banking policy aud the currency o f t h e country have been obviously intended by him to advance his own s c h e m e s ol p e r s o n a l i n t e r e s t a n d a m b i t i o n , re- gurdless of lhe public good. At the session ofthe Legislature in thia chat© when Marlin Van Buren b e c a m e G o v e r n o r , a n d t h e r e i g n o f h i s R e g e n c y began, lhe whole num b e r o f companies with hanking privileges in existence In Um State, at t h e commencement o f that session, will be found to be thiriy-four. Sixteen of the bank charters e x p i r e d that very session. Here was a fair op portunity ior commencing the extirpation of the banking policy. What did Mr. Van Buren and his doclaiiuers against bank monopolies then d o l They renewed the sixteen expired charters, and incorporated twelve m o re, and ten more the next session, and ten moie the next. Hear next t h e doctrines o f t h e Regency on the subject of bank ing in the year 1329. Mr. Van Buren, at that session, tonk care to express no opinion on the subject o f b u l k i n g / but consents that a plan o f a bank system should be draw n up by Judge For man ; and to avoid personal responsibility, per mits his sentiments to be comprised in this plan of Judge Form a n , and the repqrt o f the bank com mittee on this subject. In the report of the bank committee, responding to Governor Van Buren’s inusiage, aie found, among m^ny other senti ments mgbly recommendatory oflh e banking po. licy, the following •“ 'fh e system of paper credit lias b o w become indispensable to all com mercial countries. lt is the most powerful agent known to tlie world in generating the wealth and prosperity o f a nation. In great exigencies, it, by its timely assistance, often delivers g o vernments lrom e mbarrassment aud danger.”-- Again, in the same re p o r t :— A paper cuculafion as to all ob jects of c o mmerce, is a positive increase o f capi- tal a g a i n , in the same re p o r t : — Banks in this country have been productive of tho greatest advantages.” T h e report of the committee, c o n taining the above sentiments, was by Goveruor Vau Buren recommended to the favorable consi deration ofthe Legislature ofN e w - Y o r k . These were the boasted anti-bauk doctrines ot Mr. Van Buren and ins liegenay iu 1829; urn) thair prac tical commentary oil these sentiments was, that iu tho succeeding six years, filty-six new hanks wore incorporated At this time, V an Buren had not probably beg in to anticipate the extension of ins ambitious views throughout the Union; or i f retended hostility to the Bank of the t f . States, T H pre Tfie people who have been duped by him into the warfare o f extermination against that institution, are awaking to th? voice o f truth and reason. T h e y find they have asked in vain of Mr. Van Buren or fills friends to explain. I f t h e system o f paper credit was indispensable to all commercial countries, and the most powerful agent known to the w.»rld in generating the wealth and prosperi ty o f a nation: if banks in this country have bean productive o f t h e greatest advantages, as Mr. Van Bureri would have the Legislature o f the Empire State believe in 1829, what events, unknow n to the people, have rendered banks and paper credit bo valueless atthi» time as to deserve no legisla t i v e a i d 1 W h a t a c t s h a v e t h e y c o m m i t t e d t o sub ject them lo the penalty of a divorce from tha Government? Those who have rupported the h u m b u g e x p e r i m e n t e r s a t t h e h e a d ol o u r G o v e r n ment, can no longer avail themselves o f t h e stale trick of the thief’s joining in the hue and cry. Candidates for office in the Empire State, i f here after they expect tasucceed. must have some other indispensable qualification than adherence to t h e p o w e r of a n individual who has proved to the world his disposition to sacrifice the interest of his native State, his c o u n iry, and even his friends, to the base purposes of his selfish ambition. T h e good sense o f the people o f New-York will no longer be duped by the visionary projects o f a po litical speculator on the suffrages o f the freemen. One o f . t h e P e o p le, T h e following table exhibits the condition of the t w o Banks in this County, on the 1 st day of the present month : Resources. Discounted billa and notes. Loans, Real Estate, Overdrafts, Expenses anjl Personal Estate, Bank Fund, Specie. . < Bank Notes, Cash Items, Dtfe from City Banks, “ other banks & corporations! Totui resource*, $604,574 Liabilities. Auburn Bank. 397,949 17,127 19,066 7.023 6,000 17,550 1,0:32 13,210 124.830 782 Cay.Co. Bank 435,837 10,000 20,430 4.762 2,070 4.205 23.216 6,915 6,216 101,171 5,202 620,028 200.000 198,101 ,302 5,i Capital, Circulation!, Loans, Due Canal Fund, State Treasurer, Individual Depositors, Dividends unpaid, Due City Banks, other banks &• corporations, 5 407 Profits, . . 158,847 36,835 21 250,000 2)4,207 20,000 39,320 14,467 14,926 540 3,071 1-2.433 51,063 620,028 Total liabilities, $604,574 A g g r e g a t e S t a t e m e n t o f the c o n d i tion of the Banks c f ihe Slate of New York, on the first day of November, 1837, taken from their reports lo the Bank Com missioners, pursuant to law :— Tolal Resources o f the 95 Banks. Discounted bills and notes, 56,691.276 Other loans, 4,896,363 Real estate, 1,885,877 Over drafts, 217.898 Expenses and personal ostala, 299,832 Bank fund, 624,980 Specie, 3,128,518 Notes o f other banks, 5,665,814 Cash items, 1,040,960 Due from city banks, 8,781.745 Due from other banks & corporations,7,893,178 Other investments, 4,462,759 Total resources, $ 9 5 ,589,200 Total Liabilities. Capital stoek, 34,351,460 Circulation, 15,184,702 Loans, S.201,759 Due canal fund, 2,426,745 Slate Treasurer, 299,177 U. S. Treasurer 306,164 Individual depositors, 16,272,079 Dividends u n p aid, 74,637 Due c ity banks, 5,032,514 other bunks and corporations, 8,355,468 Profits, - 6,957,279 Other liabilities, 3,127,216 Total liabilities, $95,589,200 • J be had, be might well conclude it would be im- 3 >i-int— is out upon what it styles •* the no sided language o ’ the Albany Argus.” ■Would it nut be well if W right, Cambreieng* and a host of oiher similar spirits, would now net upon their former principles, and resign their teats in Congress, s«> th«t they might be filled with o t h e r a n d b e t t e r m e n ? Spddf.n C h a n g e i o r t h e B e t t e r . —T h e very next day alter the election, the N- York W e e k ly N e w s — by the way. a strong Van Buren print— w a s forced to acknowledge that * Wool now commands a much better price as ,does every species o f country produce than it .iln l ‘ o n e .year ago.' It will all be wanted soon ; for busiue.-e* will take a start next week, and go iik e a streak of lightning !’ T r u e , l o a -certain extant. T h e election worked like a charm in restoring confidence,— b a n k , and all other stock at once advanced in va lu e —and every branch o f business pul on the ap pearance o f acnvityjind_.Pr 0 »Pe | ity* Caution. — T h e public are cautioned a- ■gainst. teceivingor passing notes of the Paterson Bank, N . Jersey, signed Brown King, Cashier. They are coun terfeit, Mr. King never having heen cash* ivi r n f that bank. portant to h m to secure ibr him s e lf the political patronage of lhe Ireemen o f tlie Empiro State. I'lnS wa# obviously intended to be done, by c rea ting a g i^anuc banking influence to be used as his luture n e w s might require. In his zeal to effect this purpose, we learn from w h a t follows how much he regarded the public good. T h e value of hank stock at tbat time, wan indicated by the pre mium or price above par for which the stock sells, and h is in this State been about ten p e rcent. As bank charters are crea'ed for the benefit of the public, and not of individuals, it had been usual to reserve to the public this suiplus value, under the name o f a bonus. H.<d this policy been pur sued in thia State, our Treasuty would have re- ceived from this source, since 1829, the sum o f one million tw o hundred and eighty-five thousand dodars. But Alarlin Van Buren, when organiz ing his party and appointing his Regents, s a w the necessity o f a Pai ty Treasury ; and in his mes sage tn l8ii9, recommended that thereafter no bo nus be inquired o f the State for giving a bank charter. The result wa* as he had anticipated. T h e bonus thereafter went to the party, instead o f t h e State ; the amount o f which is ten ^®r cent. O!/ $12,850,0 >0 during the six years thereafter succeeding. So that the paity has received an annual s u tsidy o f $ 2 1 4 ,000, which has been d is tributed, not to tho rank ancl file of the jn.rty, but to the file leaders, in sums proportioned to the number of votes they respectiv ely could control Thus, by this single overture ol Martin Van B u r e n , t h e s u m o f 1 , 2 8 5 , 0 0 0 d o l l a r s h a s b e e n k e p t o u t of o u r S t a t e T r e a s u r y , a n d b e e n p e r m i t ted tn remain in the hands of tlie stockholders in tlie banks, to be usedjaltheir discretion in creating a political influence m Ins favor. Since the ten per cent, bonu^ or premium on bank stock lias been in the hands ot ihe Van Buren pnrty, all the political action of the State has been directed to increase the nraouut of this premium. In 1825 a law had b e e n p a s s e d , d e c l a r i n g that directors and stockholders of banks should, in certain cases of negligence and fraud, be h e l d personally respou. sible. This liability diminished the value of the stock, and thus operated against the interest o f the Van B u r e n \arty leaders. T h e law therefore was in 1830 repealed, the risk thereby taken from the stockholders and placed upon the public, by means o f which the premium on slock was increased, and the Bank Regency rewarded for tlieir disin terested legislation. It i* p roof incontestible that Air. Van Buren’s opposition to the U. S. Bank is not founded on priuciple or patriotism, that ha preferred his petition for a brancli-of that bank at Albany, by which ho would have extended the power and influence of that institution. T h e de feat o f his petition was obviously the origin of hi* P a i n f u l I n t e l l i g e n c e — It ia with (he deepest regret, and fear, lhat we receive the Information conveyed in the subjoined paragraphs— one from the Louisville Journal o f the 13th, and the other from lho St. Louis Bulletin of the 9th. Com ing thus from two places, and through different channels, we can scarcely en tertain a hope that it is incorrect— but for a confirmation of that hope we would exchange the great triumph of political principle so recently achieved, were it not that we look upon tliis great triumph, as an event which in its consequences will have a tendency to repress tlie spirit of insubordination that sprang up in the land wilh the administration of tha late Presi dent. So long as we have rulers w ho set themselves above the laws we may {ex pect that bad citizens will do th’e same. But the guilt of the violator of the law ts none the less on that account ; and even had government is more tolerable than the savage fury of a mob— the perversion of law harmless in comparison with the domi nation ofa spirit which sets all law at de fiance. O^r A gentleman from St. Louis in- forms us, that the Rev. E. P. Lovejoy, the abolitionist, was shot at Alton a few days ago. W e fervently hope thal the report may prove untrue. We deprecate the spirit of the abolitionists,but we are sure it can never be put down by assassination. The Missouri Argus of the same date wilh the St. Louis Bulletin, also pfiblnh- es the melancholy fact--—of the truth- of which little doubt can remain after the perusal of the following account from the place ofthe riot itself:— /V. Y. Com* Jldv. R i o t a t A l t o n — D e a t h o f t h e R k v . E . P . L o v e j o y . * The Alton Telegraph ofthe 8 th instant, sa y s :— “ It is with the deepest regret that we stop the press in order to state, that at a late hour last night, an attack was made by a large number of persons on the warehouse of Messrs Godfrey, Gilman & Co. for the purpose of destroying a press, intended for the revival of the Alton Ob server : which, shocking to relate, resulted in the death of two individuals— tho Rev. E . P. Lovejoy late editor of the Obser ver, and a man named Bishop. Seven others were wounded ; two severely, and the others slightly. We can add no more at this time, than that the assassiiants suc ceeded in effecting their object. M ich ig a n . — There can be little or no doubt of the Election of M a s o n . It is said that his professions of friendship for the certain termination of a rail road, secured him the almost unanimous vote ef a Wh ig county.— Roch. Democrat. N e w J e r s e y L e g i s l a t i v e . — The com mittee on the embarrassment of the coun try has been instructed by a vote of 27 to 18 , to report a bill repealing the law of that state, prohibiting the issue of small notes, so far as to allow the solvent banks lo issue small notea of the denomination of one dollar and upwards.— w2f&. Jour. O^Tln the town of Elba, Gene*ce Co. above six hundred votes were polled — F i v e v o t e s were c a s t ia favor of th e S u b - Treasury scheme, and no more ! What a verdict!!— JY. Y . Star. Public Feeling .— When the news of (he New-York Whig Triumph reached the town of Lancaster, Mass., the bell of the town was set a ringing, and a salute of 200 guns fired. The Argus says the Yan Buren party “ are now placed in a false position.’’ Their positions have always been false .— JY. Y. Com. Jldv. CIE PAYMENTS—SMALL BILLS. The great political struggle which has just terminated, had express and direct reference to our C u r r e n c y , the derange ment of which has embarrassed the enter prise, crippled the energies and paralysed the prosperity of the S*ate. The exis tence of the evil was apparent to all. The causes of it have been discussed} and the judgment of the people ascertained. The electors have now placed power in tbe hands of Representatives to whom they will look for relief. Nor can they he turned off with the cold, unsympathi* sing remark that *'communities expect too much from . GovernmanV* w h e n they ask relief from distress “created by revulsions in credit and c o m m e r c e T h a t unsocial sentiment has been signally rebuked ! The Legislature which, at a crisis of unprecedented commercial distress, au thorized a suspension of specie payments by our State Banks, refused, at the same time, to permit those Banks to supply the vacuum thus created, by re-issuing their smali hills. The disastrous consequen ces, then foreseen and predicted, have been fearfully realized. The small bills offoreign banks, with the “ shin-plasters,J of our own and foreign states, now con stitute our circulating medium ! We are inundated with a depreciated, unsound, spurious, illegitimate currency, which is becoming constantly more worthless and burthensome. There is, in our judgment, but one effectual mode of correcting this evil. The only way to get rid of a bad currency is to furnish that which is better— not the •4belter currency ” promised by the Ad ministration, H-but the currency which, in former times, we knew to be good. Two great and beneficial purposes can be accomplished by the early passage ofa law permitting our Safety Fund Banks to re-issue, fora limited period, tbeir bills of the denomination of one, two and three dollars. This measure would greatly f a cilitate Iheir return to specie payments. ft would be a virtual infusion of two or three millions of specie into our circula ting medium. Indeed vve incline strong, ly to the opinion that, with the aid which their small bills would furnish, the Banks could anticipate the period when by law tbey will be required to resume tlieir spe cie payments. The issue of five millions of dollars in small bills by our Banks, would almost answer the purpose of so much gold and silver in enabling those banks to redeem their notes in specie; for in all the ordinary, every-day exchanges, the small bills of solvent Banks, are more convenient and in most cases, would be preferred to specie. But there is another, if not a more im portant consideration connected with this subject. We must have the small bills of our own Banks to drive home the small bills with which we are flooded from abroad. We cannot expel the small bflTs of other State 3 by any other means. If our Banks issue small notes, those notes will be preferred to those of other Slates, of which we know nothing, hut which vve are now compelled to take because we have neither specie nor the small biils of our own Banks. O f the millions of dollars of foreign small notes now floating through our State, all^s depreciated, much is comparatively valueless, and large quantities are spuri ous and counterfeit. This debased species of money diminishes in value as rapidly as it increases in quantity. In olher words, the small notes o f other S t a t e s a r e becom ing every day more plenty and more worthless. When the explosion takes place—-for it is sure finally to explode— the loss will fall chiefly upon those who are the least able to bear it. The worst bills are always in the hands of the poor, est people. The merchant, the manufac turer, and the man of business, will protect himself, as far as possible, by putting his uncurrent smtdl bills upon the Mechanic and Laborer. The needy are compelled to take what is proffered to them. The loss, therefore, when the foreign small bill account comes to be settled, will fall chiefly on the poor and the ignorant— a class of citizens entitled, in a peculiar manner, to the protection of the Govern ment. We remarked that there was no way to expel foreign small bills, but with the small bills of our own State. There is even a broader view of the question. Were our Banks to resume the payment of specie to-morrow, without the authority to issue their small bills, their operations would necessarily be so restricied and cramped as to produce renewed scenes of pressure and distress. They would be utterly un able to furnish the facilities which our trade and commerce require. We should be compelled to look abroad for money to carry us forward, and that monpy would come to us in the same depreciated bil’s, ! the circulation of which aro now so uni versally deprecated. VVe therefore want the small billsof the Safety Fund Banks, first to enable those banks lo resume the payment of specie, and next as the only means of fortifying ourselves against the torrenrS of trash which are flowing in upon us frotn abroad. Th|4 question ia one which deeply con cerns the welfare of the People and the prosperity of the State The recent over whelming demonstration of popular sen timent will arrest the course of those “ Experiments ” upon the currency which have left ruin and bankruptcy in Iheir track. The great object of the People and their Representatives will now be to bring back Vhe Government and the coun try to that condition of prosperity which both enjoyed when tbe reign of misrule commenced. To reform the c u r r e n c y is the first object. This, to a great ex tent, can be done in the manner now indi cated. If the views which we now hastily present, should bo found in accordance with those entertained by the People, no time should be lost in preparing memorials asking the earliest action of the Legisla ture. We are aware of the magnitude of this question, and of our o*'n want of capacity to discuss it. These views of it, hower [From the New-Yorh D a ily Express.’] ALL HAIL !—TH E TW O POLLIES IS A F L O A T ! Among the numerous u all hails'* of late, and we have had a ’<; hail storm,,} hone, gives ua rriPre gratification than the information contained in the following Let ter from,our old friend M a jor JBowning. The release of the “ Two Pollies” from her long perilous position, is in our opin ion a mere prelude to theescape of hnn- d reds frqm. the mud and rquickeands in which they have been plunged— the moral is a plain one— w e p o p e it will not be lost. We c o m m e n d t h e p r o p o s i t i o n t o u c h i n g r e j o i c i n g to t h e c o m m i t t e e o f 76 - It ia well to bear in mind that we are called oh, not to imitate bad examples, but to set good ones- We believe that is the Major’s n o t i o n , and the Major i s k n o w i n g in all these matters. er, seem so plain that vve have venturet to throw them out. If they are sound we doubt not hut that they will be acted upon. If, at such a crisis as the present the greatly to'be desired return to specie payments, and the expulsion of the depre dated and alien bills which now form our circulating medium, can thus be accom plished, we shall look with great confi dence to the highly intelligent Legislature just eleeted, for that most salutary tneas ure of relief.— Jllb. Jour. U n l u c k y N u m b e r . — D r . Kitchener was once at a dinner when thirteen persons were present, which somebody gravely said was an unlucky number. “ I admit, said he, * that it is unlucky in one case. ‘ What case is that V — ‘ Where there is only dinner enough for twelve.’ On B o a r d t S e T w o P o l l i e s . a Rockaway, L. I. Nov. I I , 1837 \ To the Editors of the New-Yorlt Daily Express. G e n t l e m e n 1 thank you for send ing me the papers regulary— but I haint had time to write to'you now for some time. I believe my last letter tell’d you about the condition^ of Uncle Sam and his but tons, but I am not sartin. I have now the satisfaction to tell you— and you may tell it to all creation— that the “ Two Pollies ,” is afloat, and this is nigh upon the way itcame about. Some weeks ago I got a letter from Uncle Joshua, feliin me to keep a sharp look-out on the tides along about tha beginnin of Novem- ber— that they had a plagy high one down there in Maine— and shortly before that there was a considerable rise in Rhode is- land, and it would sartinly be the same all along share — and accordin to his kalkla- tion, there would be a real rouser along by York State somewhere from the first to the middle of this month— and that if ever 1 expected to git the “ Two Pollies” off, this was the time to keep a sharp look-out,’ for Congress had done nothin to help at the last session, and might not at fhe nexf^ And sure enuf, on the 6 th jest at sunrise, it begun to rise, and every followin tide kept goin a leetle beyond the last one ; and by sundown of the 8 th — 44 The glori ous 8 th JYovember'’ — the two Pollies began to lift out of the sand, and roll— and to rights up she come on an even keel, and swung off to her anker, which had been run out into deep water. The next mornin the /oiks begun to gather along shore, and every iivin crit- tur who could git off, all come on board __ and sich a time as we had there for a spell, I kalklate haint been seon for many a day on board a vessel, sound as e v e r in her hull, but wanting spars, sails and riggin. My old friend Zekel Bigelow, was among the visitors, and nothin would do but he must deliver an address to the folks— and he is you know, a complete hand at that— and so up he got on the windlass, and did pore\it out there for aboul half an hour, most awful. He stood liken te a - p o t , one arm a kimbo and tother spouting — and sich a slreaui ! ! there was no giltin by it. He thanked every body and everythingthni had any hand in gittin the Two Pollies off shore— he said the same cause would lift more folks out of (he mud than we bad any notion on— for lhat lhe Two Pollies was not the only object that had been run on shore by the wickedness, and the ignorance and selfishness of some folks, and when he come to speak of them folks and tell how and why all trouble had b e e n brought on he Country entirely by their w ickedness, heir ignorance and their wilfulness , he ust took his swill tub and emptied the hull scrape on’i right over em. I never in my born days heurn the like ! After the address was over, we all gave three limes three good hearty cheers, ana the Two Pollies, she rolled from side lo side like a good natured laugher, first one scupper in and then tother, just as though she wos takin part in the fun ; and which she had a right lo do. The Two Pollies, as I said afore, is sound in her hull, and all her ground tackle is as good as ever : but she wants refittin, and as yet, I am a leetle puzzled to know which port to carry her to for an outfit. Some think she ought (o be rig ged on a new plan, and that ‘ ‘ a conven tion of riggers” is to meet in New York on the 27th of this month, to fix upon a plan for riggin vessels generaPy. This being the case, I dont know but what it is best to take the Two Pollies to New York and let them all take a look at her, and then decide. 1 must say, I haint got much confidence in a “ new rig,” especially if has any thing like an experiment” about it— all I know about it is, the Two Pollies was a clipper in her day, and with her rig she had, and unless I am sartin that a change will he beet, I wont give my consent. As the Two Pollies was never' abandoned to the under writer* by the owners, who are all of the “ dont give up lhe ship’’ order — there wont be any trouble on that score— but moie of this in my :xt. Well,now about the late lections. What in natur has got into folks? VV hat has become of (he p a rty ?” — Do tell now— I want |to know 111 I have hearn tell of “ knocking folks into the middle of next week” — but if the news I got is only half irue, you wont find some folks for a good many weeks to come— “ Sich a gittin up stares ”— (as they say down in Georgia)— I never hearn on afore,— why it seems to me, them plagy Whigs have hoed out tother party completely, and not left enuf for seed. I hear tell you are goin to have a jo lli fication on this matter on the 22 d inst— I must git the Two Pollies up to town by that time if possible, and take a hand in it— but I hope it will be one of that kind that will do more good than evil. Now I’ll tell you what my notion is about it, and what I for one mean io do — I mean to make a kaiklation of what it would cost to illuminate the biggest house ( if I had one) in the city— then I would instead of spen- din this money in this way, jist lay it by till the winter comes, and either take it myself or give it to a ward committee to buy wood or coal for such families as by misfortun are sufferin and destitute — 1 would make no distinction of party, but wherever there were found sufferin women and children there 1 would go in and make an illumination in their stoves or fire pla ces. This is the kind of illumination I hope every good whig will go for, and take my word for it, it will bring blessins on the cause and the p a rty. This course will be rank poison to the leadin dimigogues of the Loco Foco party— they are the chaps that tell the ignorant but honest poor that the whigs are their very worst enemies, and some believe it, when it is very Well known— and none know it better than these Loco Foco leaders, especially the' Buffalo tribe— that it is a rank lie. There are no people in the wide world more char itable than the American people. I know J it— and who dares deny it ? Let any man go abroad— and then come home— and then hear what he has to say about i t . — Well then, i f this is s o , who is it g ives lib- eraliy o f tbe fruits o f his industry— the man who has somethin, or the man who has nothin £— and yet tve hear som e o f these L o c o F o c o dimigogues, who are too idle to work for an honest Iivin, talkin round among the ignorant and the wicked, and tellin ’ em to join in the cry of down «lth the rich, and tryin, in fact, to make it appeal* a ain in any man to have more with nis industry and virtufi, than they have with their idleness and wickedness. I dorft like to trust m y s e lf in writin more on this matter, as my dander always be gins to lift when I think on*L But about this jollification talk’d on, I dont see that better could be done than Ihe plan I propose,— and I hope something as nigh like it as possible will be adopted ; — h owever, 1 dont know but w e must have somethin by way o f markin this elec tion 5 and instead o f an illumination, let a b/ig gun tell the story from every hill top, 76 tim e s — “ Slam, Bang” — from the sea shore to the lakes and back agin — and I call on my friend Prentiss, of the “ Louis- v;lle Journal” away over in old Kentucky, to charter that big thuader-cloud he prom ised a spell ago, to let off a real rouser, and I hope every state will take its own time in jinin in with this victory; till it com e s round thro’ old Yirginny, and let the last roar o f the big guns be heard on the day when Congress gits together, jest to tell the folks there, that the wind has shifted and its high time to tack ship. And as regards returnin thanks for blessings receiv’d, the Governor has al ready appointed a day for a general thanks- givin all over the State, and if any man will read that “ proclamation” now, he will s e e that the Governor must have had a notion that in addition to good crops and good health , good sound constitutional principles would be established— and now if all ihesfe:aint worth; being thankful for then are w e most ungrateful. A s a day then is appointed by the Governor, let us all as our good old fathers and grandfath ers did before us, go to church and have a good sermon and jine in the services of praise and thanksgivin, and then come home and git the family together, and in vite in as many as there is room for and who haint got no family, and i f there be an y punkins in creation I hope they wont be neglected ; and I hope no man of the rale grit will, on that day, fail to top off a a thanksgivin dinner with a ginuine punkin pie, and do all in his power to see that his poorest neighbor has one too. I som e how feel sure things go right when punkin pies are respected— our pious-and patriotic lathers patronized them— and no two things, in my mind, seem to hinge together so snug and have hung together so long as Patriotism and punkins. Y o u r friend, nnd obd’t serv’f, J. D O W N I N G , Major, Downingville Militia, 2 d Brigade. R E S U L T O F T H E E L E C T I O N I N M A S S A C H U S E T T S . O^T T h e Boston Centiuei says, in this city, every Ward was carried by the Whigs— a circumstance almost unprece dented ! In the Stale, G o v . Everett, and Lieut. Gov. H u ll are re-elected by a majority o f over 20,000 votes ! ! And the Whig Senatorial T i c k e t s are carried by triumphant majorities in all t h e counties o f the Sinte ! 1 ! A o d of the four bund red and fifty R e p resentatives chosen, about o n e of them are L o c o Focos, or D e s tructives, showing an immense Whig gain in the popular branch o f the Legislature !! ! ! W ho can doubi for a moment, that the T o r i e s have been effectually “ rowed up Salt River” in old Massachusetts I !!! ! P l y m o u t h . — John A. Shaw and J o seph Meigs, Whigs, have been elected to lhe Senate hy a majority of over 1000 .— In Middlesex, and Norfolk, Whig m^jori. ty about th e same. Iu Bristol, a Whig majority o f 300, or a gain of l2Q0. In Barnstable and Nantucket tlie Whigs have carried all before them. So it is in Worcester, aud all the other counties in the State. There is no end to the Whig V IC T O R IE S which come in upon us from all parts of the State ! T h e E l e c t i o n i n M a t s a c h u s e t t s . — T h e Boston Atlas of Wednesday m o r ning gives us the returns of the votes for Governor in 180 towns which stand as follow s : For Edward Everett, 38,068 Marcus Morton 24,854 From the Baltimore Chronicle W h a t w i l l M r . y AW p» When Judge Clark nf moved lo lay the sub iL ^ 0Tk b l e a t t h e L ' r l r r ; 5’ 1’111 served lhat he did n o . f C10n*rt--. in to support il—it Was nr. el ““'horized him os wall as “ * ta „7\aS “'* ' - o i d Sand;d opposed to it, and he ^ at the^ were aod consult them on the t J ' tog0 homa h a v e b e e n consulted— flffd T h e y th e i r will with a voice o f 6P°beii only in his district h — N as to not bfelieve his tion it — he w a s »as the ot been decisive, but in e v e r y 'd i s t n ? ^ State. Will the represen J f a ^ disobey? We view the result oHhe n V ° York Election as conclusive ofthe f ^ this favorite s c h e m e of t h l office hoH® °f What little prospect it had of b e L ed is now enfirelv dissipated 11 pl* never become a law of the land Can What will Mr. Yan Buren do? tr wi 11 not assuredly have the hardihood again recommend the sub-treasurv n ject. With all its gilding- it has r 4 , P, ^ he condemnation of the representative, of «.e people, nod of the people themselves \X n DYpnco /»nnM Ka .. i > cs* No excuse could be offered by one n fessing to hold in so high regard the Jm of the “ democracy of numbers ” pressing its adoption. He cannot consif tently recommend the exploded state hank system, “ those heartless corporations which suspended specie payments pUrefv! to gratify Biddle a^d the Barings” j. has been weighed in-the balance and fom.d wanting— the experience of a few sh0rt years has put to rest all doubt of the ca pability of a Jeafgue of banks to transact the fiscal confierns o f the nation. They have beeri condemned as un^or. thy, and that, too, by the yery men who are now compelled to take them’ as Hn a\m ternative. The only resort left is A Na. t i o n a l B a n k — That, too,- is out of the question. “ The author ot the letter to Sherrod Williams” is made of ‘‘ storner stuff’ than to leave the “ footsteps of his predecessor.” He has said that in no contingency can he sanction a bill char tering such an institution. The pledge w a s yiven previous to his election, and was renewed at his inauguration— he can not retract. The pledge was an unfortu. nate one, and, like Banquo’s ghost, \vj|J haunt him to his political demise. What, then, we repeat, will Mr. B u r e n do? We confess we are at a 1S8 q to conceive.- He occupies,- indeed, a “ peculiar position” — one in which all the tact and ingenuity of which he is possess ed, xvjjj be required. He is in straighten, ed circumstances— like the rtiariner among the breakers, turn which way he will he rushes to destruction — lie finds himself in a dilemma, either horn of which is fatal to him forever. We must, for the present, retrt content,- and watch the feelers of the official — ’twill not be Jong until a demon stration will be rn-ide. ■ ■■ ' ' ' F r o m ihe Philadelphia Enquirer. V I C T O R Y ! V I C T O R Y ! ! V I C T O R Y ! ! < G R E A T AND G L O R IO US. T H E E M P I R E S T A T E R E D E E M E D If tlie intelligence of yesterday \v,i-- good, that of to day is better- Then wo announced the glorious regeneration of the Great Commercial Emporium of this Republic. Now, we shout over the tri umph of a whole Stale — and that State the largest , most populous , and tnost dem ocratic in the Union ,— the birth place of Marlin V a n Buren ,— the home of his childhood, and the nursery of lus political fortunes ! Serpent-like, he betrayed her, and she has flung him from her bosom. He would have trod down the enterprise, and crushed the spirit and industiy (lint animated her people. He becum 8 a roc. reant to the old Democracy of the land— to the spirit of Jefferson and of ’76 —gave himself into the hands of lhe Loco Foco?, and the result is before the world. Aban doned, denounced, anathematised bv his own State— a little longer, end “ none will be so poor as io do him reverence.” T i e victory of our friends is signal and complete. The triumph is the most glo rious that has adorned our political annals. The whole conntrv should rejoice the whole countiy will rejoice— and than/nr and io Pseans will go up throughout the. land, from Maine to Red River, and from the Atlantic to the Rocky Mountains. It is*1 impossible for us to convey to our friends there, an adequate idea of the sen sation produced by the arrival of the in. telligence in lire city. A change was expected— a decided change for the better, but the most sanguine never counted fora moment, upon such an utter rout. The only question now is, as to how w e shnll express our satisfaction. We feel thal our brethren of the Empire State deserve no common demonstration at our hands. From, the N. Y. Gazette. -Appearances begin to look rather squally in the Canadas, ancl we should fee I no great surprise to learn on any day that actual overt acts of rebellion had taken place. Indeed, it strikes us that sedition and even treason are already rife in Low er Canada. It is not exactly any of our business how soon Monsieur Papine 8 U commences operations and gels his head broken for them, but it is impossible not to look with some interest upon the move* ments of a people living as the Canadian* do, in such near neighborhood. That in terest, however, so far as we are concern ed, is by no means on the side of the demagogues. We have not the most dis tant idea that the British provinces are to be made any happier by living under the dominion of this M r. Papineau, as an independent state : aud as for the insane project of taking the Canadas into our copartnership, we will protest aga-inst it while we have any breath left for aspira* tion for our own prosperity, or any ink to bestow, in objections to national suicide. Very great disturbances occurred at Montreal a few days since, and would probably have been more serious, but for the promptitude of the loyal inhabitants in beating down the disturbers. The mob of agitators were exceedingly well whip ped into quietude, even before the loyal forces were put in requisition. The lof alists, however, could not be restrained from violence on their part, and the prin ting office of the Vindicator newspaper was utterly d estroyed. The provincial government is greatly blamed for its in ertness and laxity of measures in crisis. The uumber of professional beggar* n* London is estimated at S000 their f®’ ceipts are supposed to rverage 30 shflhnp* sterling per week. At least 7500 of them are believed to be imposters. Liquid Sounds .— A man swam aero'* the artificial basin in Hydb Park, Lond01'. one day last summer, and plujed a tun® on a flute at the same time. The annual salary of the Governor o M ichigan is $ 2000 , and $500 for houf® rent, E v e r e t t ’s m a j o r i t y 1 3 , 2 1 4 The same towns gave last year for Everett, 30,240— Morton, 27,235. E v erett’s majority 3005. W h ig gain 10,209. There are 125 towns to be received, which it is eslimated will give a sufficient heavy Whig vote to increase Governor Everett’s majority to twenty thousand votes. A V I C T O R Y IN V I R G I N I A . . We are indebted to our friends of the Fredrick (Ya.J Republican, for a slip con taining the following gratifying intelli gence : The Special Election took place in this county yesterday, for a Delegate to sup- plyjthe vacancy occasioned by the resigna tion of E . W. Robinson, Esq. (appointed postmaster.^)— The following is the result so far as received : Precincts. Sherrard. Clark. 306 66 68 63 3 majority 7 Winchester, Plthton, Newton J past 2 Midletown £ past 2 Russell’s (no returns) —— ........ 384 129 Mr. Clark was the regular Van Buren Caucus Sub-Treasury Candidate— Mr. Sherrard come out at the solicitation of a lew Ifiend?, and is opposed to the Sub- Treasury Scheme. — Every exertion was made by the candidates and their friends. and the election turned exclusively, we believe, on tfcis question. Mr. Sherrard’s m a j o r i t y will be at least 3 5 0 ! Loco- Focoism is “ used up” in old Frederick. 0 3 - T H E PE O P L E ARE COM IN G ! t*' S h i p w r e c k .— We are informed that the schooner Utica, with a small cargo of lake fish and sugar, was driven ashore about 60 miles this side of Mackinaw, on Wednesday of last week, when her crew and four passengers, in all thirteen souls, were obliged to cling to the wreck till Friday, when they landed, and made their way in a birch canoe, thirty miles, to a point where steamboats touch for wood. On Thursday night, the weather being very cold, and the surf beating over them all night, their sufferings were extreme.— The vessel is supposed to be a total loss. Buffalo Star, , *
