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Ftom the Columbia Telegraph, 13th inst. NEWS FROM TIlE OLD VORLD ARRIVAL OF THE CALEDONIA. r 'TuE.STEAMEa CALEDONIA haS arrived at Boston, beyond which place the wires are down, which occasioned our delay in the reception of her news. LIvERPoOL;, Sept. 29. Bating's Circular of Friday 28th Sept. states that Colonial Market has been heavy during the week previous, at lower prices accepted for Coth'o and Sugar. The Corn trade was also dull. Cotton sales for the week amount to 32.000 bales. Surat is 4 to '4d. The Cotton m;trket has been quiet. Consumers and Speculators both display ing great caution, although a fait amount of business has been dune. Prices have experienced a decline. American Stocks no marked increase deinand for investments in several instan ces one hundred and six for United States Sixes. The Cholera is on the decrease in the city of London. A perfect quiet prevails in the political aflairs of France and there are no indica tions of any agitation.. . The lion. W. C. Rives, who succeeds Mr. Rush as Minister, is announced as having arrived at his destination. It is reported that the llungarians made a sally on the 13th ult. and obtained some advantages upon the Imperial troops. Nothing has been definitely arranged as to Hungary, there appears however, to be no insurmountable dilliculty in the way of a final ratification on the basis of complete union with Austria. 'The Czar has re turned to his Capitol, and is gradually withdrawing his troops into his own tetri tory. A Russian otieer of high rank has ar rived at Constantinople to demand the ex tradition of the Hungarian refugees. No thing has been heard on the subject since the determination of the Sutta i. which has been announced.previously ; but it is deem ed probable that all requisite assistance will be furnished for their escape in safety. We have Vienna dates to the 23d ; Co - morn had not surrendered, and there is nothing of importance from that '1uarter. THE NEXT CONGRESS. The following statement of the relative strength of partes in Congress. is copied from the New York Journal of Commerce. Though still imperfect it is not without in terest. CONG REss.-The gain of a Democratic member of Congress in Maryland, leaves it - entirely uncertain which of the two parties will have a majority in the hlouse of Rep resentatives. If the eleven members yet to be elected should be of the same politics as those representing the same districts in the last Congress. there would be, in a full House, a Whig of one. Thus New Congress. Old Con's. Whig. Den. IV. . Illinois, 1 G l 6 Missouri, 5 5 Arkansas, 1 1 Iowa, S Vermont, 3 1 3 1 Maine, 2 - 5 1 (1 Georgia, 4 4 4 4 Pennsylvania. 15 9 17 7 Florida, 1 1 south Carolina, 7 7 Ohio * 10 10 l l 9 New York, 32 2 24 10 New Jersey, 4 1 4 1 -Massachusetts t 9 '9 Michigan, 1 2 3: U)elaware,. 1 1 Wisconsin 1: 2 1 0 Newv Iampshire, 2 2 2 2 Connecticut, 1 3 4 Rhode Island, 2 1 1 Virginia'** 1 13 G 8 North Carolina, 6 3 6 3 Tennessee, 4 7 5 6 Kentucky, 6 4 6 . 4 Indianta, 1 9 4 (i -Alabama, 2 5 2 5 Texas, .2 Maryland, 3 3 4 2 11;3 1b7 116 103 *One vaenney by the deaith o odolphu is Dickentson, Dem, tO vaicancy. t The Act of Congress adomittinig Wtsconmsin into the Untion, authtorises hecr to senid three mtemnbers, front and aler the 4th of Alatch, - 1848, until the next apor tinment. "One vacancy by thte death of air. Ne w inan, Detm. YET To BE~ ELECTED. Last Cotgress. Whole Numtber. II. D. Mtississippi, 4 1 3 Louisiana, 4 1 3 -Vacattey in Ohio, 1 1 Do in Massachusetts, 1 1 Do iu Virgitnia, 1 1 11 3 S - Elected as above, 220 113 107 Tutal, 231 11G 115 115 Whig majority, 1 Sucht will be the political complexion of te House if the remtainitng 11 members should be politically the satme as before. The election itt Louisiana andI lissisip pi takes place on the 5th ol next mouth. 'rho vacancies in Ohio and Virginia will be filled before the meeting of Congress. Also the vacancy in Massachusetts, if a choice can be effected, which is very doubtful. Three or four trials have al readly been made, without sucecess. SENAT.--The electio, of a Whig Leg islatuare in Mlaryland, secures '.be election of a Whig Senator fur the unexpired term of Reverdy Johnson, now Attorney Gene ral, ending 4th March, 185I. The place has beetn tetmporarily supplied by the ap. 6 pointmneat, by the Governor, of l3enjanmin C. lowardl, Detmocrat. As the new Leg islature wilt not convene until the 31st of December, M. hloward will he able to hold his seat for about a month after the meet ing of Congress. WVhen lhe shall have been superseded bty a Whig, and when the two vacancies ini Alabama atnd Illinois shall hatve beent filled, as they will he, by Democrats, the full Senate will cotmprisn 34 D~emocrats, and 26 Wh ligs. Dtmnocratie mntioriry 8. .J. -- ti ,Iiv v~lyi EDGEF1lLD C. II. \VED NESDA. Ocroeo. 17, 1849. 'i, We call attention to the Report of the commissioners of Roads and Bridges found on he first page of our paper. Extra Court. The Court of Common Pleas and General Sessions closed at this place on Saturday last, after a Term of two weeks. Owing to the heavy criminal docket, little business was done on the civil side of the Court. An extra Tern has, therefore, been ordered to begin on tlese cond4lnnolay in January next, and to continue for taco wccls. " State 1TIriais. On Tuesday and Wednesday last Martin Posey was again put upon his trial for the mur der of his slave App, with his--ltther Francis Posey and his brother Elbert Posey, as acces sories tbefore the fact. 'Iho trial continued for two days. The Prosecution was conducted by the Solicitor, and N. L. Griflin, Esq: the de fence by Messis Vardlaw, Dauskctt, and Car roll. Martin Posey was fond guilty of the mur der. Francis Posey and Elbert Psey were ac qn itted. On Thursday the two young Greens, John and Julius, uulertvent trial for the nrder of Joshua tianmoud. Both were convicted, but recommended by the Jury to mercy, in conse quence of their youth. For the prosecution M. L. Bonham, Solicitor. For the defence Messrs Gray, Moragne, and Abney. 'Sugar Loaf Cotton. Capt- Viley Ilarrison of this District, has exhibited to us specimens of this new species of cotton, which may be scen at the Post Office, and at the Store of Messrs Christie & Williams, of this place. The yield of this cotton is cer tainly moro than that of the ordinary cotton of the country. On one branch, containing two little prongs, we counted it dozen bolls. The staple is said, also, to be snperior. Capt. arrison planted this year largely of this cotton, and will have a large qantity of sccd t6 sell, Any one wishing to make purchase of seed for another year's cop, would do well to make application in time. Address Capt. llarrison, Longmires, P. 0. Edgefield District. Life Insurance. Mr. YOUNG, Agent for the North Caroina Mutual Ijfe Insurance Company, is at present in our Village on the business entrusted to him. Tiaao e... pany n. ...vts e is n r murtu v ur rt um ry. in which all life insurers are equally entitled to the profits of the company, in proportion to thie amount of premiums they pay. For it stanoce, a tman at.25 years of age insures at .$5.000; lhis premiium at 2.3 per cent would be $120. *Allow the policy to continne for 34 years. anid coinpound the annual payonent of $120 at 4 per cent, this will make $8,392. Add thme profits of te instituition, amnd according toi thme odata given, thme inmsuranuce wvillI aomuot to $1 1.250, which, added to the atom insuireod viz. $5,(000, produce the amount of $16,350, paya bole at thme odeatho of the insured-secdinmg the cost of inisurantce $7,S6. Thec general utility and benevolence of Insu rntce companies cannuot at this enljghotened day be brnoughot ioitoi quiestioon. lIn all the enhtgtceed parts of Europe, anod in the moost advanced por tions of our owti country, they are ini general uise. Tiheir utility is mtaniifest. Mien by saving from their yearly incomnes a small pittance, have it iti their power, in case of death, to leave their flutnilies ini a comfortable situationi, beyond the reach of pentnry andJ want. WVe may recnr to this subject. M~arylanud Legisinture. There has beent in the Marylanid [lotuse of Delegates a gain of eleven Denmodrats. Te Ilouse will niow stand, Democrats 3G, Whtigs 46 Souin Carolina Intstitute. It n ill be seen itt antother column, that tihe titme for htoldinog this Inistitutto is post pitied till 3d week itt Novober, on Tuesoday ntight die 20mh, and that the address wvill be de livered toy James II. Ilaimoond, Esqj. Georgia Eections. The Demtocratie ptarty of Georgia loas pro vailed ini the recenot electionos. Townts manjority oveer lulli, will, it is thtought, reach about three thotusatid live hundiored. Mayoralty of' Clealeton. An eletion has recenttly been iteld in Char leston to take the vote otn a proposed exten.tsiotn oof the term of Oflice of tho Mayor atnd Alder. tian, to two years instead of' one. A strong ttij'ority has decided againist change. Men wviula Tails. A new race (of nuni hias been discovered itt the initerior of Africa, with a prolongationa Of the rerlkbrac, formning a Lail tee or four iniches in loength, They are said to speak a dialect of the A fricaon lanigua~ge, butt ate itt the lowest stage of barbarism.. T1hey delight ini raw flesh, and espectally itt the flesh of humtan beinigs. Can Phlysiologists toot give soome clue to the genealo gy of this singothar race ? 3. Mt. Barrett. The, trial of this nototious inodividual los been postponed till ntext March Termu, in order to obtaini certain important evidetice. lie has been let to Bail in tito sum of $1000, paid down. If we jodge aright, lie wvill never re. gopeaor to take lhis tr~ial. Perhaps, it will be b'etter fot him, and thte country, if he do ntot. We learn of tne violetnce or rudeness towards him by the citizens of Spartanburg. lIe has been treaoted fromo the beginintg with forbear.. ancee, atnd loas been let to depart in peace, cotn trary, doubtless, to the expectations .of his TI A New State -. The Normone of Salt,Lake hapi organised a State Government, adopted a istitution, and will apply at the next Sessiouf Congrrss for admission into the Union. Ittis said, they have left the question of slavery untouched. - Mississippi, T. The Delegates to the State "Convention met at Jackson on 1st inst., and arnon themn lead ing citizens from every section of the State. Laying aside all party feeling, thi convention nobly resolved upon the questtons iw deeply agitating the South. FOR TILE ADVERT!sF.R. Mn. EDtToR -ou stated ait'itorial in the last number of your paper,; a young planter has made 80 bushels of rn on one acre of land nod 1000 bushels o5 . acres. I would ho glad that, that young p htcr would inform eu as to the particulars; in:order that other plantwrs may go and do liketvise-what kind of land does he plant? Howddid hoplant jit, and how did he cultivato it? And lastly, how did he mueasure the corn-mo'd was. the land accurately imensured. Iifointfiuon on these points is respectfully asked for by 4r 01.1 1FLYTEft. FOR TilE ADVEaTISER. No. XV. Reform. We have endeavored to show, that in novation, is of most dangerous ,tendency, and conservation of the last imp6rtance, in every government.. We are, however, not so ultra as to deny the frequent necessity of the former, or. to urge a blind-adhercnce to the lattter. This would be' to hinder progressive improvemen'. Tho-just doc rine is, to advance the one without prejn lice to the other :to innovate, .yet, asTar as practicable, to conserve.. -This is the true idea of -Reform. Tho "vweld,- in its very signification, implies improvement-a change from had to good, or from goii, to better. Any change. then, whiih- elThcts the reverse of this cannot be etyled.Reform. With this general notion of the term, let us consider first the nature, and seconlly, the objects of Reform. First, its nature. To amend, to correct, is, as we.havo sta ted, its fundamental idea. It does not, as :ommonly thougt, always accompany :hange. Reform supposes the existence of vi actual evil. The first effort, is then,' to :Jetermine that evil: the next, to discover a proper remedy; and afterwards, to give that remedy practical efficacy. Three im portant inquiries, arise, therefore, for con iideration. First, What, in the laws, ens oms and institutions of n country; may be rrgarded evils, that need correction? 2nd, What, is the best possible remedy for those evils? And 3rdly, what results are likely to ensue by the change ? These ate questions of no ordinary con cern. They demand, often, the first abili ties, and the weightiest refleetion. To deem that an evil donau'Jing reform, which nay be inherent in government, or neces sarily attendant on freo society, might load to the most alarming conseq nces. It mInlhl ta ,- 'i n o ....1. -r.. * unoa .. iou, which in its headstrong 'rvor, may Jestroy every thing valuable in the body politic. Great wisdom is necessary to :omprehend tho true policy of important laws and institutions, anid to foresee the sometimes terrile effects resulting from their change. It is a suhject fit only for the statesman and I'hilosophler! It is, likewise, a ma~tter for discerning tngncity to devisu the best remedies for pmo litical evils.' To miako the remnetdy fully enceompass the evil ; to foresee, that it will be a permianenlt corrective ; and that it w'ill give birth to tno danigeronis inciudents, are subhjects for statesmnan-lille ability anid wisdomn. Thesa are maiters ini which un, informed and tunrellecting politicians are almnost curt, to err. TIhe usual style of reform among the sciohists of our country, is to pull downt entirely, antd to build 0up anewv ; to get rid of one of the evils of an instiilion by des troying tihe inistitutioni itself, and to rely upon the hiazardlous efforts of rash expert menit, to renmedy the inconveniences of the effected chatnge-as, if an heir, to improve his estate, shouild remnove the matgnificent, though irregular i nsion, iinproved by a lung line of ane Wrs, in* order to erect some showy edifice to gratify the vitiated taste of his fatncy aund times. This would be too ptterile nor to excite contempt : yet the folly would not eqjual that of him, whto woultd demolish the costly and time-honior etd edifice of stale, reared tapon the n isdomn of ages at the expentse of mtillions of trea sure and necanis aof blood, to erect ini its stead,. a flimsy anid tottering fabric, to suit the genius and compass of r~ewv fangled theories, Yet how often is this folly ex emplifiedl ini the daily conduct of. ntiTairs! llow often are wise insiitutions and stntia ry lawis made to yield io the rude vauda lisnm of infatunted innovators! Thle imnprlicy of stich procedure needl scarcely.h'e dwelt upon. The disorder, riot, confusion atnd atnarchy 'vhich follow. furnish stillicient coimmientary. 'Let us ap peal t'i history for illustration. 11ow diffe runt has bteen the policy of':nations on the subhject of political improvement ? One nation has pursued a determined course of Ref orrm, by removing and amentding abu. ses and inconiveniences. but clinging to the solid base-work of her ancient polity ; while, anothier, despising tho' wisdom of the past and infatuated by the charms of novel theories, has utterly destroyed her aid political orgatnizaltion and 'trusted to the genius of Inivention for new and tein porary governments. Contrast England and F'rance. The former, like thelatter, has texpeLrieed matny sudden political ehatnges, amd popiular out breaks for reform. Yet how differont the style of piroceduro! Englaud, moving on, in her repeated ef forts at improvetment, with .sturdy nmanli ness of character. has lopped off from her p~olitical system, many abuses and incon vetniences, and secured important atdditins to her charter liberties without shaking ho foundations of the state Edifice. She utroggled resolutely withi arbitrary power, till she obtained 1her Miagna Carla, her Carta de Foresta, her Habeas Corpus Act. and her famous Bill of Rights, which, writh great practical wisdom, she attached to '.her old polity, thereby .adding large ly lo the liberty anti bappiness of her peele. France has acted differently. In her strugnles fur poiti eforP,_ e has n.with a rabid spirit for change, twice utterly de molished her once magnificent building of state, roof, pillars, and substructure. She has twice laid low all her time-honored institutions, indiscriminately the good and the bad.. She has twice abolished, by a sudden convulsion, royalty, nobility and all the strong safeguards of her once well ordered government. And all this was lone, to give place to anarchy, confusion, and all their bloody consequences, and to mock governments, as whimsical as they were utterly worthless and farcical. It was the fully of the spendthrift or the Parvenu, who would destroy a splendid mansion of commodious parts, to erect a new and slehder structure only to exhibit a deceit ful and showy exteriior. We do not deny ihat France had many real grievancies of which to rid herself; but how much more wisdom would she have displayed, had sho efTected a reform in these, without breaking in so violently upon the sound parts of her Constitution, and the well-ordered institutions of the country ! But she has already paid tho penalty of her headlong ex periments, Ilow does she stand at. present by the side of England in point of social happiness and political liberty.? The English, in a state of superiur political and social privileges, tire living quitclly in the mansion of state, inhabited by their earliest ancestry, im proved, it is true, to suit tho gradual de velo pments of national prosperity, andi bay ing yet some rudo appurtenances to be lopped ol'by future refort, but still bear, ing distiact traces of the admirable mason, ry of its early founders. The French, on the contrary, after rear ing on the ruins of their ancestral dwelling, in quick succession, various costly struc tures, all fauciful and queer, have again recently demolished their palace of state, and are actually living out of doors, tn protected against the storms of lass less confusion mid riotous disorder. Nor are they likely. we fear, soon to he in a mtch better condition. In establisting a new state organization, as many dilme rent tastes are it, be consulted, as there are contending factions in the land ; and, if we are to judge of the future, by what we know of the past history of that chival. rons but inconstant people, we greatly fear, that the new establishment will have no durable basis on which to rest. Governu meat has but two sure guaranties of per manency, even when it is practically con ducive to liberty. One is, when it rests on a religious, and the other, on an histori cal or ancettral principle. Thero must be either a firm religious feeling among a people to cause them to render respect and obedience to government, or this respect and obedience must be inspired by the successful operation of government for centuries, during which timo the virtues and wisdom of a long line of ancestors, have been happily displayed. There are no other hopes for a free government. Now, there n ill be none of the latter feel ing in the now Republic of the French, and candor compels us to acknowledge, that, among the ruling population-the educated and the wealthy-there is very litle of the-former. Where, then, nro the flatterin. itroresp . of the Republic of Fraiio. ~vicur, iero is tiiile cannce of stable government iil ti.at unhappy land except under the strong rule of rigid Mon archy ! At itmportant lesson may be drawnt from thtese histotrical facts. Tlhey teach us. Iht l to rcformt, we must prestree; that it is proper, if practicable, to iopp off that. wshich is tuseless and ittjuriouts, but, that it is a paramount duty, to sureC that, which is W'e lay it dowt, therefore, as an nxito mnatic trtuh, thiat it is of the very nature of iteform, to improre aind to preserre. - Jn his e.lforts to get rid of abuses, tho truto rcformecr, shoold diligently search out all that experience has proven to be valuble'. antd boludly labmor to prescrt'e it agaitnst eli the shucks of innovation. Osa or 'rnE PEOPLE. OaEooN.-We gauter the following facts from it letter iu the Gal-ena (Ill.) 21drniaer, (ated Oregon City, alay 9.: VTe products of Oregoni average, iti vatlue, $500 for every adult individul. The qutantiry orsawving timber is immteiise. TIhte great export, htowever is Iwumber; the forests are exhaustible, thn water~power immnetse. thte market extensive and inrreas ing. It is now worth from $10 to 8t00 per thuousandl. owing to thte gold discoveries itt California, atnd will always be worth &S20 for exportation to the Islands. They are ;300,000 of acres of finte timber land unt occupied, some itmmendiately on shtip na vigation. Thie water power is stated to le abuondant for manufacturing purposes. Astoria, necar the mouth of the river, is destined to be the New-York of Oregotn. while P'ortlatnd, oni tho Willamtic, is to be the Albanoy-tlie head of ship tuaviga tiont. Thirty feet water from this placee to theo ocean cant always be obtaited--except in two) places, one at the tmotnth o~f the Willutmetme, atid the other a little tip, where at low water anid low tide, there is onily ninte feet. Tihe tidle all'ects it four or five feet, so thrit every day a vesscl tuay comne itn dlrawing~ 12 feet water. Oregon City. by Nature, is equal in water powertco what Rochester, N. York has bectn rmade by Art. A river twice the size otf Reck River, Ill. poturs downu three differetnt chantnels, cut in solid rock, thirty or forty feet. Islands are formted between those channels, oin which mauchinery may he erected. Above thte falls the valley widens out itnto exteusive plains, the most productive in wheat, the writer thinks of anty on earth. The steamhuip Massachusetts has just arrived with 170 troops. Our Governmnent had purchasced two large saw-mills, at an expense of S38,000, the object being the tmantifacture of lutmber for building a furt, arsonal and light-house. Fott -ruta Gnus.--llow many foolish girls have ruinted themselves biy mtarryitng young men who had nothitng to recotmmetnd them but ricbes. '-Is hte rich ?"' has beetn the inqpuiry, when a suitor has presetnted himself. Fonhish girls! Rather ask-Is he intelligtt? Is lie industniouts? Is he virtuous ? Let thtese questionus be ans'wer ed in the aflirmiutive, and if lhe had tnot a second shirt to his back we will tttien er for his course. WVeatlh may lbe lost, but the good gntalities of the heart will always remnaitn, like Imo sunshitte to warm anid to bless Temember this. From the South Garoliniau.- - THE BANK-A PROFITA1JLE CONCERN [BY REQUEST.] Another ground taken by the friends of a rechar:er is, that the Bank being very profitable; it would bo bad policy in the State to forego the pecuniary advantages thence enjoyed. We have already stated our conviction of the cardjnal principles of rcpublicanistn which demands the entire dependence of the Governtuent upon the people, and shown how the Bank conflicts with this principle. But even was it otherwise-even was it granted that there was nothing cut of harmony with the rest of our rystem, in the control exercised by our Government over large atnunts of money not the immediate proceeds of tax ation-yet we maintain that rhe pecuniary interest of the people at large, so far front requiring the exten.ion of tire bank-cittrter, demands that its a1Fairs be gradually brought to a close. Iti order to reason fairly on this point of our case, let us regard the Bank as a mere piece of public property as a fund to be administered on with all the hazards usually attendant upon batik ing operations, and thoso superadded which necessarily attach tosuch operations when subjected to irregular popular. or legislative interference. Taking this view, we presume it will be readily conceded that'ptofits ought to be very large to justi fy the investment of a very great amonnt of public property in a business so hazar. dous. They ought certainly to he very considerably beyond the ordinary rate. Is it a fact that the profits of this nstitation have been very considerably beyond the ordinary rate? We apprehend that they have nut been.. It would appear that tho tmost successful years were the first eight which elatpsed from the period at vhich the Lank began its operations. The ag gregate profits paid into the State Treasu ry (which was thm cuurse pursued up to October. 1821,) were for thoso years 3592.I01 34, whi-h is within a small fraction of nine per cent. per annum on tho average capital for those years of $822, 514 73. No doubt setne allowance- must be ttade for difficuties attendant at the outset of the enterprise, and accordingly we find that for-the first threo years the profits amonnted to a mere trifle. After October, 1821, the sinking fund was crea ted, and the Bank required to carry. all of its nett profits-to the credit of that account. And that fund has ever sinco been:the re. cipient of those profits, and been charged with the payment ;of tho interest and principal of the public debt. In the mean time, all of the unexpendod balances of that fund have been used as capital; and to the capital, thus increased, has been added tho surplus revenie from the United States, amounting to $1,951,422.09. and nlso the tire loan, amounting to $1,810, 253 37. Owing to the varying amount of the sinking fund, sometimes runr.img up to $948,000, and then reduced to throe or four hundred thousand dollars by pay ments on accoutt of the public debt, it is difficult, without entering into an elaborate calculation, to speak with entiro and mi nute accuracy. Bot we have drawn from the reports of.the.itBnk itself enough to an+:ryj-u tthn -wii 'i.ssak. into-canaida.. ration the sinking futid at all, the Bank has never mado seven per cent. on the capital of .1,017.993 94, made up of the three itents abovo stated, viz: capital. fire loatn, antI surplus revenue. I or soven per cent. on that amotunt would be $281. 259 :37; atnd we fitnd the largest amount of nett profits of anty one year to be $22G, 652 17. Atid, itndeetd, it is not pretended, even bsy those most devoted to the Batnk, that for she last twenty-seven years ninse and a half per cent- has been reached in any one year on the actual ca.piital em ployed. The average nett profits of those years too does tnt reach seven per .cent. pier annum. As5 w htave totthsing in view but the development and estabtlishmennt of facts itt coninectioni with this inistitution, we trust that we shall he set right if we err int our statemnots.L Our design is not to impugn motives or to impeach the fidelity to their trtsst of thtase who have mantaged the institution. We deem their fidelity nnd integrity most remarkable, and and every way wvorthty of the comnmunity which have reptised cotifidenco in them. It is wvitht thi itnstittion that ige have to deal, anid tht we dleemt utnsound itt prin ciple. That it is not so profitable as to catuseus to wintk at! lhse vices of its con situtiton, we think we have pirovedI; for surely few will be fotsntd to cotitend that any piece of property is very.v valuable which cannot Ite made to yiel seven per cesnt.; anti still fewver. we opine. will hold thtat opinion where the property consists of funds employed in bankitng, where the profits should at leatst roach thei usual rate, and sotmething over andi above- for instt rance against the attendant hazards. And more partienlarly should thso profits be largtu in the case of a Barnk like this, whose operationis mtust ever be linble to be tram melled by popular or legislative interfer eotee, or, perchtnce, caprice, and whose mnanngemntt maiy afibrd exempjlificatios o f t he old saw delirant reges, ylectuntur Achivi. Wo know that thse attempt has been made by sthe frietnds of a rechartor to prove that the Bank has already refunded to the State the whlole amount of the original capital investedl in it, attd that the clear ga;ins of the Bank in thirty-seven years have been upwards of $ 1,600.000. But we thiik they hnavo faileJl itn their protof. Instead of the lizatk having earned a sutr pltus oif this amiountr, it a'ppears to us that it still owetd the State ten nontis egto 81,35:3,33G 74; and we make out the ac cotunt thuis; WVe debit the Rank with 1. Capital paid in. $ 1,372,250 GO 2. interest on do. for thirty five years. thirowing int 18141, '15, '103, and '17 as two years otnly, and pttina Catpitaul at $1, 1 56318 AS* ' 2,83200 15 3. Interest ont Surpltus Rev enine for eleven years, 7:35.995 43 4. Surplus Revenute, - - 1,051,422 09 5. Railroad Bansk Dividens and Interest, 37,3-10 00 . SG,029,988 30 We credit the Rank with 1. i~hconeys paidl itto State Treuasuiry and interests, Shi43.100 64 2. Sublscriptioni to Railromtd 200,000 00 3. Toenlntinnry (s ndr 1 pat-id 246,892 87 4. lsiterest on State Debt 1,819,750 45 5. Six per cents, paid, 990.378 O( 6. Five per cents. paid, 7441523.54 l3alauce duo State, 1.353,336 74 $6,029,988. 30 This've believe to-be a near approzi. mation to the truth as matters stood tenor tinelve montfhs ago t If it he so, the Bank cannot stand securely on its merits with the people as a most profitable specula tion; for if we have omitted no credit to which it .i entitled; it would-appeardthat after the opcrationsi thirty-seven, year, eo far frot having realized surplus profits,' it owes 10je'Statc 4 sum hiaily egual to the originalcapital invested. ' Z. _ * And this is most liberal to the Bank for during the eight years the.nctual stated caphal - ~wnsS$1,10'6,220635 towit: from. 1820.& 127 inclusive;-and in 1828~it was $1,176,269 56: . Andl a-'statemeut fTighly..favorable..to. the Bank, as we have omitted to charge it with a dollar on accnunt,of interdst..on.the-.sinking fund, which has been in its hands as capital for tweity-seven yoara, in atitonnts varying from $120,000 to $948,000; and, as-an offset to.this, surely we cannot set np the advances ,to the State Treasury which are annually made for a few mon:hs. The tine'uffset to the lutter is the enjoyment of the proceeds of the- taleI, when they do come in; td say nothing of the enroioed deposit of moneys-by public officers. - THE M. E. Cttuacu.-The correspon dent of tho Baltimore Sutn writiog from Alexandria, under iate of the st instsas: The quarterly meeting of the' Methodist Episcopal Church, which was to have been held hero yesterday, has been post poned until next Sabbath. Quite a dis appointment was occasioned thereby to a number of persons who attended their placejof worship on yesterday morning, td hear their presiding elder preach. The revival in tho Methodist Episcopal Church (South) is still in progress. One of the rnembers of that church gave me the following memorandum, which shews the commencement and progress efthe work: --"Meetings commenced Sabbath dayj .1 ulv 29th, and have cont ' ued ever: since every night except Sund tys. to thipre sent time, a period of nine weeks. Up td yesterday there have been added to the church, as the fruit of this revival, 148 persons, embracing individuals from 60 years of age down to youth 14 and of 15 years; and still the work. is progressing, without any sign of declension." This is certainly the most extraordinary revieel - of religion that has ever been witnessed here. The season-of the Virginia Annual Conference; which is to be held in Peters burg, is. closa at hand, to which this ste. -- tion is to be attached. '. ME WITt TAIL.-A French ecientific commission has discovered a race of men in Africa, with tails and no mistake. A report was recently made to the Acade.mgy ot Scie'ncos thernu.. They are one, re move from the baboon, scarcely so hand some or human as the onrang-uutang, but can talk hko negroes. They are terible savages, one of their peculiarities is.a fund. ness for raw flesh. When they are-hppt .aslnve's if not stulTed with taw meat occasionally, they. are as dangerous its a beast of prey. The slave-traders, on this account, refuse to buy them, as they do pot want their stnck to eat eacht other op. Th'le deicriptions of them say that the prolongation of the vertebrdli column gives to eachi -individual-male or female-a tail of two or tbree itnches long. They are called Ghilatnces, and are rarely more thtan fivo feet htigh; bodies lean and seem weatk; arms long- and slim; forehead low and receding; ears long and deformed; mnouth wide. and furnished with teeth very sharp. GRAND LODGE oF GEonGaa.-The Mf. W. Gratnd Mlaster, (Win. C. Dawson,) has set apart Friday, the 26th day of October inst., for the erection of a alonument, in the town of Oxford, to the wtmory of our deceased Brother, the Rev.- Ignatus A. Few. Trhe soveral Lodges are required, as far as their convenience wvill permit, to be present on the occasion. All other Institutiotns of Ancient Free Masons, and sojournintg Brothers, are cordially invited to atttend. An address in behalf of Emory - College, ott. tho life and character of the decensed, will be delievedl by the Rev. Dr. ibleans. Thte several Rail Roa'ls have agreed to ptass Birorters over them to at temtd the erection of the Modnimeut at one fourth the usual rates. - The next Grand Communication will assenmblo int 31acon, on Tuesday, the 30th inst.-Constitu tiona list. - \VORK FOn Oc'roaba, SoUTr.-S-r'a zxo SwxE'r Po-raroEs.-In, the lan'er part of this mothI, or-early in November, pre pare for-preserving sweet potatoes for win., ier and spring. Select a dry spot, level the ground, antd lay dlown a-bed of strawt, so as to form a circle about six feet in di.. ameter. Ont this strawv, pile up the pota.. - toes tuntill they formi a cone four or five feet hight, over which sptrend-a little dry. grass or straw. Cover the entire cone with corn stalks, set up end-wise, with the I buts resting ont the ground and the topw reachintg over the apex of the heap, suf ficienmly thick to conceal the potatoes. Theu cover tho whole pile with earth, at least a foot thick without leaving any air htole at tho top, as is frequently the case. A temporary shehter should: then be:mad~o' over the conte, so as to prevent the rains from washing off the eartli. This may be donie by setting in the- groutnd near then base of the pile four forked stakes, on, which rails or small poles may, be placed, to support a covering of bark, rpugh boards, or thatch. Potatoes can be preservedin this manner until'Jude, tnearly as fresh as I Ki'rLHtEN GAannr.-Sow beets, turnips, onions cabbages (early and large.sorts,) radishes, (round atnd'lone.)-lettuces:eelery, checrv i , endive, .cress,. spinach, Windsor and polo beatns, lentils, mutstard, sorrel, parsley, and retpict. Transplant aspergus and strawvberries; also cabbage roots for seed. Dress artiehokes, take away all their suckers but threo to each stalk,; open their roots lay about them tnew earth and -. manure, and plant out suckers for. another crop. theo end.of~ this month. trasplant -all kinds pf trccs and shirulbs except organgos and amnns- A mcr A eriantrnrist. i *