Farmers' gazette, and Cheraw advertiser. (Cheraw, S.C.) 1839-1843, December 27, 1839, Image 6
?o KM vt.h instant, to Which they leave
to rofeMbo Lef*tt *ttre. v
J? Tlw doblsand liabilMf of th? Company v
& * roaj be staled a* below, but, before present- ?
lug the tabular form, it may bo well to ex- a
plait, M regrudt oue itew/m which depends
tbo character of this whole application.- t
On iho gO h December, 1837,'mi Art wasli
passed to lead ilto credit of this State to i
the said Rait Road Cgptpany, Tor a lo?n of J t
HijWkiOft upon the'pledge or mortgage t
to the Slate, as security of all its property t
then In possession, or which >t hSight here- t
kfter aoqujre ; hut authorizing, the said ;
Company topurChase thoftiil Rnnd from \
Char lost on to H*tfaburg, and to give the (
QSmer of said (Ibmpany 4*a lien thereof, in i
migtirtrVce to the mortgage os mortgages
oTtiw State* ** The purchase was made, t
uflo SOe-third paid (Joam in cash?not-s |
were given'for one other third, payable lsi !
^ January, 1839, secured by mortgage- on
onfr half of the shares bought; and other
notes ware given, payable 1st January,
1840, far the other third, secured in like
, manner by mortgages of the othor half of
the shares, Tim fi-st and second pay*
moots were made in full, and $43,385 have
. IrtWfi'pnid on one third?leaving due to the
biockhoWers or tne Cnarloston and tlam- (
burj Road, 8962,715, puynblu 1st January.
^ 1940, foA which they bold mortgages on
noar,9,000 shares in that Road. Th< itmortgages
may bo foreclosed, and thesn
shares sold as soon as the notes art; due, to
wit; 1st January, 1840, if tho notes arc not
then paid.
There w 11 be then do*, on the 1st January,
1840,
To Hamburg Rail
Road, Notes and . '
Mortgages, $862,715
To Contractors
t Banks, dec. 502,715
Dub 1st Jan. 1940, $1,365,215
Duo in the ecu se
of 1$40, to Contractors,
and for
^ # interest on loan, 573,307 20
- *.. $1,038,522 20
? Tho Of as to meet these are.
Balance of the 82,.
OOaOOO Bonds,
guarantied by tho
&t?te, and not
sold, $222,222 22
: Income from Hamburg
Road, . 120,600 00
intimate of four in.
raiments, and nr.
I*.*-. i nnn nnn nn
111 *1 * w V V
Balance of Bond*
in -England, 01,000 00
*> fefi oiMo be prtiti.
M ' dcd fop, 505,300 00
.-f N
^ $1,938.522 20
It i* to meat this deficit, and to pot immediately
at thedisposal of the Campanv,
n fund for the redemption of the stock in
tho Hamburg Road, which is morttfa cd to
pay the $902,715, duo for its purchase on
the 1st Jdfiutry next, that ?pf Iteration is now i
made for an advance on the State subscription
of 9?00,000, iu six per cent. stock ? 1
The Co trim t;ee have strong assurances. '
that the stock thus granted, will be read ly
received in payment of the notes and mor.
gogoa held on the Hamburg share*. A
very Jurge amount has ptissvd iu?o tinRanks,
end oth^r public institutions, which,
it i* understood, will w'th praiseworthy *niri- '
aid in removing the em' urroasinents, of tin*
Company, by exchanging thcin for stocks,
ft should be borne in mind,thnt some of the
Bauks having suspended specie pay men s.
cannot be in n condition to resume withou
realizing their resources, and that having
depended on these notes as a resource, nothing
will replace them except cash or such
? L. - _ _ _ i a / iif.i i i i>
ntock qh is now ssitca ior. yt iiii tin- sin wl
this advance, and such other credit an.J I
means as the Company may be able to bring I
to bwr, the Company fotl grent confide).ci
in being oble to redeem all shares nnd r
mortgnge ; and this Cenimitteo sens no!
reason to question the'r conclusions.
The notes and mortgages given for tin;
shares in the Hamburg rond, have in a great !
many instances, and to very large amuun's !
passed out of the hands of tho original hohl?;rs
; and nro, ns stated before, to b?? found
in Banks nnd other public institutions,
pledged f.,r monies loaned. Th"?e loans
are dun the 1st of January next. The notes
are indorsed, nnJ tho credit of mercantile
men and others, to a grent amount, is hanging
upon their payment. If not paid, there is
loo much reason to fear, that a grent
amount of them will be forced, and t! r
mortgages forecJcs' d on the shares pl"dg.
ed, for tlieir payment. Nothing short of
this proposed advance can save them;
should they be sold, in the present depress !
ed condition of the stock market, nnd great j
scarcity of money, it is believed they will I
bo sacrificed for a less sum th in that tlioy
are bound for, and the batanco unpaid by
their sale, will bo a debt siiil owing by the
Company, of which the State is the largest
?tockholder. It will al .o lose its lien on 1
that half of tho shares for the aeeuring itself I
on the endorsement of the 8.2.000,000 of
borids of the Company. The value of hew J
shares may be estimated by looking in o <
the receipts upon that road, which have
riaen from 8160,000, in 1834, every year, '
until in 1839, they are $412 000. The I
month of November has produced $05,000.
which deducting #27,000 expenses, gives .s
$98,000 nett income. s
tjrioo tho balance, which will bo duo by c
* the Company on the 1st January, and du- e
ring the year 1840, the Committee are in- 1
formed, that the Company w II bo able to h
make arrangements *o as to procure ft
such forbearance as will enablo them '
lo call in their resources, which arp f?
very fully sot forth in the report of the 8
Committee of the ilouse of Represen. ?
tativer, bofore referred to. A consider- i*
whle amount is due to bunks, and n larger I*
sum to contractors, wlio, if assured of the i'
fmynnmt m the course of the year, will, it is di
%*m1 known, accede to arrangr-m. nls which p<
Si, %*ul ?*?? the time desired. I pi
L
The Committee now proceed lo sot forth |
rhat will be the effect of the promised ad-'|
a nee { first, on the affairs of the Company.
Liid then on the finances of the Skate, its I
ictguriiv for its indorsements.
The Company, with the aid thus oxtendrdy
it is believed, will bo able to pay off 'he
nortgagea duo in Junuary, and then apply
te whole resource to the finishing the ro id
o Columbia. On this road 9500,000 bus
tlrondy been paid, and cun'rncta have been
Tinde, and are due, and falling due, to the
mount of about 9500,000 more. In i *
ir'Bont a'ate, to abandon it would be n 'oss
11,000,000. To complete it, will add $1,- \
)00,000 to tl?e security of ihe Slato for it.s
ndors<>ments of the Company's bonds.
n?us this udvuncc will enable ttie Coin any
o free half the Hamburg road from mortgages
having a priori y to the Slate firn,
giving by it 91.500.000 to the Slu e's seenritv,
and nt the same time to complu e On
Columbia branch, adding it nt its cos', ot
?1,600,000 also to that M'-curity. In other
words,the advance of $100,000, ofsnck, by
the Stale, wd! enable the Company to ad I
these two roads unincumbered to the security
of die State. Tins additional S'-euri
ty cannot be estimated as worth less tliaa
92,500,000, and is estuna.ed by souie to
be worth 80,000,000.
The in flu -nee of this measure on the finances
of the State, and especially on till
ink, are also deserving t?>? most rnr? In
consideration. It wdl b - remembered thai
the State has issued the luliowtng stoeKs :
Six per cents., redeemable in 18-10. $8t?0,(X1]
| Five " M ? ?? 1?4'2, 20i',?>lHI
| Five ? u " " 1845, <J-M?,00(
Five -* ? ? 1846, 31RUMH
Fivo * a 10,00t
$1,560,001
Besides it has issued?
Five per cent. subs, to the 8. W.
R. R. B <nk, 1858, $20(),(HK
Six ? " Fire Loan, 1858. l.OOtMKH
Six ItoOS, 1,000,001
?2.'200,001
for the $2:)0 000 of five per cent, sub.
scriptiou to llt? South Western Riil R?;i<
B-ink, the dividends oftliat 15mk will mos
probably b<- ample prov sinn, and it is not
taken into/bo esiimnfe, which die Commit
tee now suhmi . The d<-bt for the rehu Iding
of Ch n leston is $3,000000. The in.
terost. received from those borrowing i', is
supposed v\ ill pay the interest on it, tin I ilia:
sum is also left out for the present. The
amount then left, is, as s ated above, of s v
nnd five per cell's. 61,500,000
To pay these stocks, and
interest on them, a sinking
fund lias been created by
several acts of Legislation,
composed of the profits of
tiie State Bank. These
prnfitsgnow amount to S918.000
To be paid 1st January
next, IJSOO.OOO, of 6 per
cen's. and the inferos' froin
lot ?*..?.
* ?V VfVMI ? t UII IliC I'UUIIW
debt, 4(61,500, 801,500
Bal. of sinking fund 1st Jan. 1S-10, ?86,500
Tin' Bank capital, in the
fiscal year, commencing
1st Octoiwr, 1 H.'W, and ndng
1st October, 1-37, was,
anginal oapit. I, ?1.150.318 18
Surplus revenue, l.ool 422 00
Sinking fund, 510 714 4b
$2,608,455 03
And the profittf
were ?'201,2*25 37.
I'Im' e?|nlkl, m
18:17-8 8*2,730.143 li
The profit*, ?193,530 81.
The capital, in
183S-0. $'2,907,000 00
The profits, .?*210 000 00.
riic capital for lsi39-|((. d <nui
ialn-d by $801,500 00, paid
lsi January, 184'). (or six
per cent*., w II unly be $2 045,100 00
And when it is born in ruin , dial > ?
large a sum hns :o be paid in Januai v r?e\ .
fruni the Bank, it w id readilv b>- en. thai
its operations caniKi lie expected to he as
profitable or vigorous, the ensuing season,
iioti it will be unsafe to rnlcnl ite on m<?re
titan 8130 or 140,090 o! profits, even if die
Capital now in it is left. Bin as die subscription
of the State to Lou svdle.Ciiicinn111i
and ChaiU'ston R ul Road Company '*
expressly directed to tie paid out of the
' surplus revenue" oil d-posi'i; in the B ink
of the Suite, (every installment of which
substrains $30,000, of that which is estima
till as a hove Its Capital.) it is tn and* st, it i
so drawn, to the ex'ent required to meet #-ng.igemen's
now ex.sting ami running rapid
ly to maturity, that tha active business ot the
Bank must bo greatly curtailed, and its
profits lessened, and (lie community made
to feel a bpuvier pressure e hen they ureal
reudy staggering under dilficuhies almos;
insupportable. If it should he so, that this
application should fail, and the Company be
remitted 'o their own resources, they have
none other than the installments from the
S ocknol ?*rv. It will require at least, 8 instalments
from the State, and nil the ode i
Srochhold'Ta to raise money enough 'o pa\
their liabilitiefi These cannot he called u
f?fien<T than ono in ev< ry fiO d ivs. or s x
per year. Six ios nllm' fi's e?||. ,J f.,r n
1840, will draw 83ut).0u0 >lil of yon
|d nk and two in tn- first 120 days ot 1811
;\'ill draw >'00.! 00 m ire, In tig i mi-iS,
?f the ndvunce usked f,,r. The condit.i,
o which then" paynvns would reduce your
lank, would b<* uri(>rofi'ah|e impo'eney ?
nviting attacks, l?y 'lie iisks \ou ' av<- as
itfned if, an'I l?ur?Jljp rnpuble of* making ieistunec,
ifin,sailed. |i is bcli- ved, t1 nt thus
ri(i[?!ncJ, it would not bo safe to rely on ii
nlirely, to pay *?#F the public debt due m
842, 1845 nnd 1846 ; while on pie other
and, if the Bank is permitted ;o retain the
inds now in it, and used as Bunk capital.
in confidently believed tliHt it mny be able,
om tho sinking fund, to pr?v, not onlv the
itocks already issn-'d, nd due in 1812, 5
nd G. but those which it is now propose I ;o
mm. And ttria en ir? ly fiom the p nfits.
mvipe it nt 'h?end of ine operation, witfi
s present proposed rapiisl, whole and un~
iminished. Tne tssu" of the Stocks provied,
will m point of fuel,he at most a post.
Mieirxiot of out payments, and will, in
every point of view, work kindly upon the
fhtcr< ?t of the Sinle and the pt-ople.
It has oeon objected, that ?u> h an advances
by the Slate, will perhlps, induce individual
Stockholders to tor I'm nnd Mirow
tlin works on the State. Your Commit'ce
bchevo that the c fleet will b? exuetly the
reveiso. It will infuse new npirit nnd energy
into individuals, and eicite tie m o
new hopes and ex- rtions?it will eo far to
oive new credit to the Company ; nnd thus
increase their means 'o jn> oi. But li i"
| is one fuct which seems to the Cotnm ttre.
i cenelusively, to negative such a result? '
would he against lue interest ?f the S ock
holders '?? do so. A short sat* mer.t w II
show tit s. If the Itoad s flushed to Col.
oni'iia at the estimated cost of 1,01)0,000. I
the whole amount of liuhihtiesuow due. and
?o be paid, for the h lance on 'he cost ol
Hamburg Road,'lie ColumhiaRo el money,
borrowed on iIih credit of i:?* S.ate, and
money borrowed from the Su'c and Ci y
Council. \v>11 be $1,5^^.715
The property of the Company
eonsis'.injj of tin-sv
I.. I) . . 1 . .L . ..L
l?i> i\ll Hlil. me SVIIISITIJ).
lion o Stork wt I bo $9.1 M.OOO
nuking n halnnrn in favor
ol ne Company ??f SI S'10,'2^0
Besides iliis, b\ tli?' 7 li ami i9i? 3 c
tain of tin* Charter of (! ?- II oik. ve?y fin.
! uure of a share, in im? Bil U'.ad C<
nv. produces a forlei ore of its eorre*|?'?iid.
n o slulie in to- B oik, to tin? li oik Corpo.
' rat on. Tin; rapi al |) iii| into the II o.k, ???
' 0(l0, anii if ibrl<-i > d, mouI'I yo uithe
Sta'e an l Kuril S:o> k holders as rontinm d o
|?-?y up their instalments, inukoi<; a ' If ir
loss to such Scnek'nilders a-, for cited. Nor
I ind cd, would a oif? euro hv tin- Sock >ol.
n r. Ire him from 11is li ilnl ty to pay 'us
propor ion upon all contr.ir.s maiL- before
1 too forfeiture J dared, so that with* he Inst
* lus sli irn, tie is liable to pu\ until tfte debts
of the Company are discharged.
' Your Comm tT', aftfr mature consideration,
have come to the cnncl-isntt. iliat
J the application slioild he .tailed, a.id d a
six t uiidred thousand dollars ? S < p' r e n
S'.o !( sflould he issued and <!? loer d ?? s -id
Coii)|i:illT| ts III) ulvance on ton pnym
??t"' I sll.?r< s of 11 ? ? S < < k ill a III C'linj) my.
upon I he terms iiinj eiuitli'ions set lo'i.i.
a U II, wlncli I.my l>- a leave to repot. In re
Willi.
All of whirl) is rrspoet fully snbirvr "J.
I). 1?. HUliltil. Clmrtian.
Wo have not motion worth wi.ilo to attciiip
a k loll of me anomalous pooi e I
in^s ol lie iin nili rs ol ("'Mijiresvil tu?? r
mooting in tl>o represer a iv s II.: I, preparatory
to a r^ul <r oryan /. it n . As
a sample of tin: elisor.!' r which sma.-t uos
prevailed, we ropj h-low, Iroiii iIm- N itioual
Inti lli^riieer, a sin >1 piiilof t'u?
repo t of the proceedings a I >y or two
bctoro ttiey came to ihc election oi tSpi al;
er.
Tne Cnair s'ni?'?I ilmi *! ? p'-nMoiij rpjes.
Poll was on an appeal '.ik< n ny i o. ),
mail 1 roni T ones' e ( M r. i n if \ ) e n il ; 'i>.lecisioii
ot Pi' t 'h . i, oia.l'- \ t s'oi i > . ma
I tiie mo'ion ol Mi. Iliioii, oi S mtii C io
'ii I') ! i\ nil t1 ' ati|e a res,.in in, otiere.l
l)V Mr. W ise, o \ iil' io .. h oi ti en !< , n|e(J
il the negative, I .? ayes in inn | Jo. mil
I) noes lift, lie oi en ni Mr .\ nlor.nl
P- nt>s\ Iv >n i, ni*l ol 'lie ('a uriii.ui ion)>'-u
bi inn nii'|u.!ei{ oi :i.e tien >| ve voies ynen
1'eiiers were ill III III |e.| ; w'l I I'll on t..e
Chair appointed M >sis Cave .! ? .t. atnl
Ual" er. ot l'oinies e. In ac .is I . ... ,<
Mi". j?-niter 111<| i re i <?l i<? (' iir >v.i -i e-r
h?* cr s <?i Mi. N i\i ?i u< on ill*
Cl* ik'i t il l- ? '1'iiif r* |>l\ i<( *? Cii * r v\ .*n
liiM.lv iiiuiul bl by I ii' Ui|n*r ?*r Iioii 111* < 1
isis of Oi*.'< r !" " i ' cl r !" \\ Ii eh mime
iii;i ly arose.
I'm* ll nio* tiicn iHviilfil. :?n?l mi Jo n
s >1) re|)orl< il t t- i (lie .?Ves vv* ii | | o. ..iei.
I iniI'M not personal!} noijn noted *iii el!
tmi* iM"inl>i'rs from n*-vv j r*> v. ?* m is infirm
<i b-. genii* m ii .ii' nn'l linn, .mil l>- .
Iievcd, tint III'- five g-iiil-iiirn < i i iii ii j
seas on eoiniU'sSiotis li'nin ibe Cioveiior
of New j r.vy, anil also Mr. n i>lor, bail
voted.
The noes were declared to h? 1 1R, ?n ir
lieiitlemen Irom New Jnr.sy el mo >o s a'*
on >'? ? *r' fie He ??l Hits Secret.<r> ?? Si . e
ot N w J rsy ha vine voted, i: was? ?\es I I;',
noes 1H: dedoetifijr ?I.^|>t t d vnt?>,
would b*'? -' v?*h 10(>. no s ! 14 So li
II use decided not o sustuui Itie decisional
tne Chair.
Mr. Smith, of Minne, observed thot t|j
d sput' r| vo'es. wlietli'-r . d u ted nr reji r\ d.
would not chiinif'' the d* cinon ; .r. dr<.(>
pitilj 'lie 4 from New J<rv \ in ,ii" u< j.;,t
there would still he a He ir in >jon \ ,,f ?w,,,
veti iidirH'iii<j all .lie .six emit'sfl afliiin
five votes
Mr. NV. C. J dnison sai I 'lut?. wite'her
hey did orj.o , s'ill more irulivi.!?,h i, ,,|
vo ed as members Iron ew \ th in
the (To Ktitnli'-n allow ? ha'Sta?e ;
b" protest-si "it uiist lite adui s->h,|i of the.r
votes.
Mr. \V"'9"Kiid hit' |he r?'v.ln m, v. ,|
I I ?. U.e.l ?I III' ? Ifi'lil Itin.'ii. I. *?
jk ij-?? ? V?ay ?'T v B M1M iM ssfl*
"'s ( Mr l?n;'? ) w ho ? ' o' -r
.v i? i. i i" 11 < ? ' ' " -I '< > i : h ' i
must h <V>?4 rv?"l. A lt- i r li ,i
1 a11qi"d the 1 fl <>r nw?. I in l|.
no (i\sr*ie iiii'i ; it 11?*? *! ,,, . ,|
I .l-ci'lc ?iu the ! ? ; *? ' v ? cs. yj \y ,j
maivle I o1" In* (" >;' i \\!i i w?s Hi"
? f TO ill'! i 1 S'J?iO ?
Mr. Tun < v mile I for he; re elingMr
rcsoliiiii'ii.
Tlio Cleiir s i I tli11 ?????!' rs : ti'?iii{r
was 'hat l:c mer'ing * '* in v (.? I. rilr,
a-riahm. on lh" r t ?>l ji? < ? i; i m
hers pro'Jii' inir rimi >ii si-m* Now
Ji r?' \, n iri> liv n.ini'".
Mi. Wise. I nmvi ' on s" i i
low put on I'-e <?r-^t iinni", ami 1 ?.' iiku.iI i
tin pro* im:i> ijii'stioil.
Mr. Turn' \, I rise to oriji r.
( Loii'l ci '""8 ol " Uidi r ' order "? The
previous question !ms boi n moved f"?
" OrtJ'T !"?- Tuke your seat '"--Od'crs. J
us loud, of" No, no ! Go on ! Go ulic.id !"] !
Mr. Turnry. A report lias been made
by the tellers, and I liave moved for ilie ren
Hit?<f of a resolution ; and the Chair
[Loud cries I ioiii all parts of I lie I louse, <1
"Older ! order ! L?m the Clour preserve
ouli r 7" ' Take your seats ?" " Qu.-s 1
iiou ! Ord< r ! order !*'J
Mr. Turney continued to address the
('ha r. anuds violent . iroar. I have iio 7
ule i (siii'l tie) that \ou shall sit there lode* '
eide |ust such questions as suit the wishes I
of \our party, nnd ivlu*e to put quest oris '
iliat aie moved, and are in order. The
I louse has nth pted rules of order, und no '
|f<r nil IS paid to tile;n '
[Si.aits, ol " (in on ! goon ! go it ! go
ahe i I !'* in ogled with cr es. clapping, his. '
<eti?, calls for order, and a universal din, by
wb'clithc \oi.*e ol Mi. Turnew who spoke I
Ait gr,-ut rapidi V. and a* the top of his 1
voice, was so drowned as to he rendered
iin'tuell gitde. lie was heard to exclaim, 1
|| tii s is to he the course of things, the
: st'Oic r we can change u into a row toe be>
I tcr ! ' 'I'iiere was much movement in the
House?most ??f (lie member* were on their
lint?many leli 111 tr s his. V oleut pi nrts
and exclamations minple'l m il.? din, ami
Hunt's appeared |or n lew miou i s seriously
to tbreiili || till' lirenk'll^ IIJI of lie Mouse i,
Collhisiotl. Soon. however, lll?! liui.se it,
some di pre#- subsided, ill ']
Mr, Tinny was heuidto say, I appeal
from tlie deciMott of the Cliair. I stand
bete and H|)(i al ; and I sli ill eoiitiuiie to appeal
as ioii^ as sou So d'-cide. Yuu have
pai i no regard to oid? r ; and <t is impossi.
tile we ever can ave any order so loiip as j
j \ mi s I tin re. ^ on si1- in determined to
I carry your point, tight or wrong Tie r* I
I is a in 'joruy of votes tin nested wlni 11
i have iteeide o t> verse your d vision, ami
! y#-t vnu still' r iii'W question* to lie moved.
I appeal?o# ni|en,en uriy halloo * order"
|mi 11ie idl o morrow mormue?I will stao I
her#-ami appeal nil can itehehi?I tn vr
I w II s ihimt to it.
Mr, Intprsml, of P# miim ivania Will
Hie ( 'b or hear me .# few words ?
| Piie op'u r was rnii w#*.l. C'ri'** of
No! no/ Sit down! \oii have no husoes*
le re / S I dow n I Mu# i I shuuis
, ot ' 11.i on, |U) no / Hear 11it11 ' O. I r.
it. dei / ' J
[ ' Mown ! d'.vnn / " down / " N'.i, no.'
I '* \ y# s?I) 1 ''.#s n< a t'"'>d a r ght as I
Iiiiv other ot m.* " Ua on?g,, ana i- . ar
I.en j
M .. vv' . I ....'i ..-i - . I
j '? ill no' ' 11" C ' ;itr iir :< r g 11 Iri n o ?> t . U '
I I II" | * ; I ) lr us ' * ii i r; It*. g II ,
tlrm ii ;i i? llit-.r si-.'iU ? i K> .? t u? .. .\i j
I i?r ! i '
I C* i i nn in. (i i. | ii>?*n i I t: U?* It ir I
; M/MtS I ll>' illl'iliil 1% \tlll II i>i I'M' mil i
( ' M i l i ik<* \our sj'-uls. ' " (?u on?|
j go ;iii? .nl /")
Jiii- ("IriK now |iri-i''f I- il (< > rr (1 i!i
i n- <?! i in i K' \| . fl.ijgs ait>r''i''i t ti\ tli'*
; I Inn .. \ t-1 il l>, w iiiiMi is is iii'l.rAs ;
II- yo/.ivi/. I it, oil Mo* nn 1 u) 1 ill ^Ir
1 !i * I III | IV \| I . \\ si-*< I s . 1 < I 1
I <1.1 'ill. .( || , 01 nil Ml" \\ I ' s I N 1
j I I I II |l. 1 I- Il I ITS *ll II C-' l.it -Ii tl
| I Ml .S A '.(? Ml i\ j? :S"? I I VVffll I If HI ; II'I,
t III \ (;?>-? \l III i v ll^'i III Villi |s 11 s 11 1
1 li'lii i> i'i li i. jitii' iii ir 11 urnto itn
.' ill.il! fl i' l.'lil.'O III I ill' s nil ! > ! 11
J -i f*-s 11 ri-ixirli! J. .01 t.ic (li'i'iit u 1 ol '
I IJ ii^.'.
I
[In tlir oiiirso nf:i jj 1 it] j?' of 1Si?* sa
I i< li t nf 1 r11.*r iiinJ ? I ? mi, ii vt is (in i|.\ j
Ire <1 11 iu1 111<- t 1 ni Mr. N \ Inr 'imn j
|'? n:.s . Iv iii 1 -111 m| I lit: <" ill..Il'ii ^:i v ? ?t i i if.
||i>" s I 1 'J I 11:. 11 I'l.ll t .11 VII s I Osi li'l.Ill
I
N'VV Jifs \ ll?.l|,J t .1' ( 11V III! ' s i'ii. . j
ill <ts|nii S ,..||!.| 1 ;i! 11 i'(>:i|,|. !, n us I
Ilifimiiiin i O il Nf v Jo > v VV l> Imltl I .1
i'if .10 d! ilf S-Ti t.ti\ ni Si.tie ; ttvrs ;
i I 17 nfiu'l !.<_ I frmii N w J 11* i j tvltn (if
i .'I Ml S V I . f | [ .1 (III , I 11 A II V. .1' ? -
O..M j
j
sTANDJNO (.o.MMirrKK ?> JHKU. S. SI'NV'K.
( >n !' il It i .tin-is? Mssrs I!
' illl, ( '|il V ?> Iv lll'?k \ , Ii. lllf, :\ lli'll, Kr< >v\ II
Oil 1" ill l I ?*<*. \| ssl s. \\ lij^.ll, IS *11 llll.
I I Inbt'.iiil N.ciitil.is, W list r.
( >u ('ii*iiiii *ri*"?M sn'1, Iv ii??. 1I iv!s,
' s- ^BlU'Oll N *1 vi* I.
( .I M . nut i<* tires. \1-*ssrs. |jtini|iUin,
i I'ii s iiii, Biii*'.i,iii-iii, Ai K i ;ili
On *\ 4r"*ii' or**.? Mr- i s, Moulon,
Sim* mci*. I, it in, IS o wn, Snnlli of(.'onn* rtnti'.
On M i. <ii| All'iiirs. ? M>'Ssrs. Bunion,
Bros on. W ill, Purer, Nh-IioI.is.
| (>n the M'l.t'a. ? Messrs. ("Iiv, of All
li mi . Son ii, ol 111 Ji-<11 i, I' ii Ijis l ii lnii.
J I|?;> 11. 1
( ii Nnviil All o s?Messrs. Miliums,
' Si ll I*'111 r* I < 'nt It'll r', S|*:?lijji , To 11|? ill.
( >ii Pnhln* I, uids ?M s-rs Walker. F il
! ion. ( 'In v, ol AI ilniui i, IVrmiss X??rve||.
()11 I*i"* va|i* B in-1 (*i 11111s. ? Messrs Linn
i S**vii r, I'liiMoii, Moirmi, IIe:W.
On In-li i i Ml.i rs. ? ,M -?srs. VVlnt" o!
Ti nrirsru.*, Sr*vu*r, Loin, Wliilt*, ol" linlian-'i.
I' * Ids.
ii I M I ' ' ' ' *
.. .. , . . ' 1 >->IM I I I I I , ^ 'llll'.l
Mi i i? U W i<! .iii>, (? !;s.
On ll <? ' in"!' C" *Mn "??
j J3. I . .1 ll I- ll-ll'. W .III 1'| llll?,,nv,l\ j
i\ i_ li . < *i .l? n i 'ii. Hi ' ii** in,
, , J., .? M ('! .? j
in . S 1 :.. i: 11 . i ' I ? I iill
. . i' O !i < .hi I'. !l .iU ? I
>|. hv <. Il'?'i.. .Mill, Ijimii>ii 11, Kii r^il? 1? 11 i- I
mi. !! ii'ii 'in.
i ).i '! its nil (' i .ils.? M 'vsrs. \ oiinu. I
I'. il !II leisdii, SjifiiCi , Sini'li ill In '
| iliiiil l.
i ), |? ?M ,.rs I' I'iri' I * i. 11 i
w , r..?
I'l.r I . ' .l i I ? M S.. , |
' ' I i \ ( -II.I'M I,II lljik' I. S M. 1.
(' \ '?.
( >;. H.?m Ills ? ' I In- '' l i.'. ( nil - - '! %.
s"s i*li, I) |\ I-, I'I il l..', Kn i ii>i'ii.
JSjf'IM't'.
On ilin ('f?ii|iivi*iii Fnil'! of 'It1 Hinj.'iU'.
?M i?sr*. Ktjt'iJ. I* illon, I ?tI r?|?k<r*.
(>n Kit mi;. 'I 11 lis.? Messrs. Snii.li, of In
iliana, I loti'Jcrson, l'hclps.
From the Oliarlenlon Mercury.
Columbia. Dec.21s, lflflO.
The Legislature closed us session this
lay ufVr ra dying this following acts :?
1. \si net to release the ti lu of tho Slate
n certain Lscheuled |>io|>eriy to G. 11
rroiihohn.
2. An act to authorize th Sher If of
d.irlhurnugli District to |<id c in the Jail of
illV a Ijoining distilets, prisons coinm tti (1
o hiselmrge, mi l (or other purposes there*
n mentioned.
li. An act to pro'iih t the digging of C'Iarsinfutur*
wi Inn the limits ol Towns on
ho Seti Hoard.
4. An act to asscrtaiit the representation
if the Stale.
0. An art to restore tin* S dure s ofrerlain
officers of cacti hruueh ol tho Legtslatore.
G. An act to provide a remedy in certain
cases ol i|i lits not 'Inc.
7 Art act to author z" tint Commiss oners
ol the poor, for I'endictoii Dim r c to vll
certain real and p< rsonal property and for
otic ptn poses.
5. Aii net eonc ruing he oHiee and dntirs
I C" rks R gistrrs ot .\1 -sue Conveyance
lid I oiiiiii ? > oners ol I,int.it oos.
I). Ao 'if to nothor ze the (orniutinn ol a
Company for die eons'ruenon of a Turnpike
rood through llly lc s (Jap.
10. An net in relation to ilio October
t.... ..r !.. 1' ..r i c _ r
i > hi ?> uk vuuii ui U'iv n>r emni lesion
District.
11. An !i:l to revive and amend :in art,
entitled in ni'i to incorporate tlie Union Insurance
mid Trust Company of Soutli C ir.
iliim, rat lie I ill'* 19 i ot Dee. 18,'H.
I'i. An act to rruulaic tl?e Fees of
Cl? i ks ()iilumry and S u r ill*.
Ill An an l ? |ir' siTiliuii? t'ip mode of
rtiiiii ('lerks. Sn? i ills and Orduines.
14. An art to jjr.int a Chatter to |s-iae
S It i i l? \, io establish ori'it and iisumi i I v
dr itili.- I'i'css I io. k in Charleston.
to V* n ??:i o nut borne* tfiu I Ion. Josi ?h
J. I'lv.nts ? 11 | tin- J,.d_;es of t u?
I to li" alisi'iit lor a linn rd liuie.
Hi. \u net 'o e\ieii I tne Cuur er of die
Soii'Ii \V i*11 It ui It'iii I |t oik.
\ t An uci lo p'j^ul ite tne otlii e of Con.,
Htahies.
I **. A a art to al or t!i> t mr of ill" si' i
oft' ('onrt of I'epjny in tin- Iliad (\rru I.
I!). An to: inceinnia tin* r;i? 11s of K*
i i'ii ors an I A I< i ii'n'i' i'ois io inircnas'
oniii' r'v al tie ir own JS lies
VO \ II art lo ani'Mi i III .I'M I'll led " ail
ae| to "lit an s" Ic loan i am ol a" C larl*s.
ot. i leiir" own an 1 a i S mils li ui II i id
U- iit i?' \.
*21 An not to e\ en I tan 'ino of pay
nient ol 111 * I ist lis'aliiii at <1 tlie n i'i,. s' ]
apilal o' t.i" I! ink ol (*li i evon.
' I'-i. An aci o iai->e supplies lor the yo u
I-:t?>
I t V ... . n. ,.v i. it .. o...? .11*rli?,'
I >vlin-ti 111.iv In* >r:ait I tui- ? r Im1 uri
I In !' In; id ('li 11 loiti .
*J I \ II I'll' II- In- . * ft I H us- i
! ! .|| 'S II M ! ?I< >11 It . .: ?? 11< S il'1
l.'M Hill- .! I, .ill I lit .1 I' Mil I it III- Mil tilj
s I i i li ,
i \ii -n'l tu 11win 11-irnt-' <*? r i n \ I' ji
j ?. S. II-ii-Ill's -?|j i ( * > li.-illM'S, nil II .11 ll>'III
I 'IT i II i'11 1111 i n ii 11 to.iIIi' jjr-i -icil, iII<i I -?i
| iitlii-r |?ii ,n v s.
'Jii \ t i t iii iii lk'' ipjit ijll i i -oll-i I- i
in.- vl-M'j.
j "J7 An ii* in i s ilil.sli ciTisiiii R i i-lI
liiuli/- s anil Ki-rt'ii-j.
?8. \?i iir imiici ruiiin Ii oili *c anililu
| ii*s if ( i| iliii.u v.
1 An n< t run rnin^ tne olticc dtilin
1 .iiit 11<"1111!i i- s n| (.nriiii- r.
:il? \ 11 uC rune itnng llu! nlliri: tlu;ii\
mil Ii tin i u-s ol Sji< r- I.
Ml A i? -ii*: 'ii |i nv. Ui tor an a-lv.ii ri
i li\ .l|i* S.nti- on i s s risen -t ?.. in i i-- i. hi
sv'Hi-, C.iiciii ..ill ami Cn.nl- * tin K i. in i
<'iii11ji1111\ ,
M'J. \ ii .ii-l rnncerii a" llu- n*i i- :iml iln
| !i< b o! M i.jis rale.
nokin ?ak j ::kn itniwuaitn .
M r I'V itnei ?>ii** <>l ?'? * I'r I-si
' i mrs lur # \?rn>j? 'h IS u .J ir>
lilt; between Miiiie ?ml N*v\ I > i nnsw irk
hi.i '? I i" ii11ii> \eil 11111,'iiks >t ? | ;iL?Ii?* din
' in r .it S:. J . .Jiiis. New Mi tins w irk. on I i
! .'{'Mn ti i'iiio. Ii is Hie only mi !>' til s ate
nieiit ol the ri'Htil s i>f t'n' r CO'ltioisanre llr,
we have yet mcii. Tsic following tons
w 8 proposeil: ?
1'i.u lloundary Q irs inn?Ane irly. aim
I cable and t ijii i l>|>* s. t'.li inetn 'In n nt, ac
I ' in hiii; <> tin' true intent and meaning o
the J ieiity of 17S11, without any compi'mii
' ise i>t the honor or int?'j!ri y ol ilia ?n ti.ra
( N ations.?[Immense and roa init'd cheer
I nil!.
Mr. I*I'athnrs'oiihau^'i rose and s.i!-Mr.
I*r m h ii.? he al-uvnii ? ne ii ym
, have in id?# to ine in the toast whieli hasjtis
J tier*11 >o warmly received, and ill <lis;in.
l 01 isfird manner in whieli > u have beet
i pleased to receive mc id your festival, may
j appear to Hive yon and the gentlemen pies( nt
sone-elaun ujioii me for a nasstnL' no
| 'ic* ol inr oHiei tl ilu ins in wliicli I li tv?
for S'iiim" J11n*? fori li er.na
* * *
I t> | tin not fr;|!KC( ml imv ?l?*1 v
win n I s! :e llit*I iiftm a Iniii! and e.ir In
-'iffy ni I liibtory ul lh< ? av. .11. ' n xin.
...uicin . 1 I' * ?ilii *.! i ico Mm in "\ .
<>; 11? j?** s.e 1! gi ii?;r i|iliv ni 1 1 r 'oiv in
I -s a. nil l!i?f llii'li'- r*??'ii ml In 111V Ij.?!"i.i,
i' h in\ ? oil* i ".inn I'ini ' 1.' f.1'I'?I In
ni ? t)i.* ^ lie 111 1:1. r in a il l 'I is*.h* in
in In* ?-1 ii'i ly !iiirii>u i'ii l'? ivn 111T. r
iilion iiinJ h fill ill nnilt 1 n > ' 11 1 v.i?.
tnl liv r? <| .ir Mr |i:s. >1 ?. "n I . r
? in in 1 11 r ? jv " 1? 1 ,t. I I" < : . .
Ml!''. Jf' II '' II nil. t r nil I.Ill- ? I ?'l 1.it ' ,
.ill l|..If ? I . Ill S''II II ' I'' I'l 'II .
n 1,I'l* I it .. I, I t' (ir.ii^r II'. I >
1 in. 11 11 in., nk'' <1. - 'n n 1 '111 1? n.l' I. 11.*..
.. li..' link' innvn. I till < 1' - mi" in I .; - 'i f
C of ' i> i -. i' ni (I'.i I n |i ...rwi||
i'?? r111 in t" I 11.it In iinlv nv*|i 1
. in k:iii.i 11. i :i? Hi't'ii.ul .! nlr I pvt< 1 ,
I' nni try In'1 W.xf r.nf iin.rn - u lii'iiiii ; f
I'll' .\iil!tl 1* I'*! A in In ii| Nil*'. Si'llti 1 n
pniiii li in* r *: ? 'inv ?'vii|.*ii( I-, ?ri
wlin'li never was ? 'sMh':sh?"l or s. 1 iiiriri
by any f-nrvi y, 1" h**r f 1 ?lir<?*l or uidiree
kind. Its position v'fpfnds upon t!io pre
vious ascertainment of two lines, and the
point of coincidence between them would,
when established, bo the point where the
North-west Angle would he, nmj (hut where
the Treaty directs the boundary to begin.
Hut since neither of those two lines have
yet been nsccr.aincd.und the point of departure
of only one of them agreed upon, it is
evident that the North west Anglo of Novia *
Scotia, which is to be an eflcrt or result profeeding
from causes, the inherent j>ower
of which wo are yet tgnornni of, is at this
moment a nonentity, and must remain
wn'il the precise direction of the two lines ?
b> f.?re spoken of is mutually agreed upon,
und c>tuhlislK'd. This a tuifiicirnt reason
why i.ll iittvtripts to biingthc dispute to u
linppy t< rminut on hitherto have failed, the
words ?d" the Titmty directing us to begin
at the end, instead o( the beginning and to
pursue the enquiries from t??e unknow n to
tie- known.
Gentlemen, I do not wish to conceal from
you who are ko much interested in the matter,
that iho investigations in which 1 have
b?*fii o! late engaged, have produced results
which ou^ht to influence Governments that
desne no ! rntoriul acquisitions at the expense
of just ce and the reference due to
rreaties, as 1 am persuaded is th?* ra1'- ^
witn tlie two Governments now ncgociv.mg
on this important subject. The defective
information it is hoped and believed can bo
suiKilicd. I snv tbis inucli because the ru.
mor is being busy about the doclured intention
of die Stale of Maine to ;?rt cecd in taking
possession of the whole tern ary in dispute,
w itliout awaiting the peaceful prnced.
ings now hi progress betwixt the i'edirai
( overiiumnt and tliat of Ilcr Majesty. 1
do not b lieve in these rumors The State
<>l Maine sets too high a value upon the
pea a; now happily subsisting b?tw en tw<>
eouiitru'S, and will, I have no doubt, await
the ronsti utional action c' their National
I tjiivernmenl."
I Tho auiouat of ail tins ;s, unless b.ji.'i
oiveinments agree t?> compromise, bv
"split ingtbe (i (Terencc/'ttiey are as tar f 0:0
.? m i,l> oieut as ever. And il so, they wilt
m> osual quarrel for a mllion till thev spend
iili\ in l ions, and then end as they begun.
Mr. I'h atbersonliaugh h ft St. Johns|at
j an early hour next morning, for New York,
) via St. Andrews, on his way to Knglaru?.
i Col. M idgo is now here, and it is probable
" Mi. Fe itherstonli mgh uirived last night.
jY. V. Herald.
1
Correspond.mce ?f l,h" Commercial Advcrrisi r
IVosAiftehiri C'hj, Dec. 7, 18').).
"T ii ii ii'miii, wlivi'l about aiel d ijust so
Ail i v iy tunc you turn about jump r.
I CIlllW."
There is a li tle no rr mcut among ns | i.>!
i now. it'tho expense of my h nored friend
! I". II. II'ii'on. of Missouri. I I t receded.
' n veins, it specie clici k for one thousun!
1 dollars it>r to- nit'engo hum 8'. Louis to
111 * <*.?|i lul. but such wits lus sudden i:i!
' | un t (*(*< >uii! it bit' detest itmn of i bo a per>.- t
i tun* in too r.lii'rk, bo instantly sold it t>? u
broker i i tli ; c ty f ?r t f> v ~n liiiijtlr- ?! i i t.v
l?!i[f r uf ours i.ijti'ii'bii bunks. and is now f
ini'b rvliui'l, iii' i'Uiil' lus current expenses
| w itli iii<111iik iag.. \ \ i i ily trn b is siran
1 ! h<t ill in tii 'ioii. II ivIij but a <'.url tune
I sinor il;i7./.'o?i iin i b (1 /i'ii< d tli-* \s hu!e nar
I i on w i h ilu; splendor <> 1 Ii s golden dreams,
| and ro I 'd lie Miss sn |?j?i li n k m it* fonn*
I I rn head a stolid eoltlinii ot virgin gold, now
barters away 'v n tin* real ty of bis visions
lor tltti rags of a suspended b ink '
TIIB si oVuK FtsUKRV.
Wh'-n ;it iii*- Island ol Kltodes, I went
, t?? 'be s|?<mge fis'vry. which is eurio.is and
iiiteres'ing. It is a I tborious and danger
nus employ trr ni. lint so biernliv'e, that five
ursiv successful d.i\s a IT >rd tbos<; engaged
. ^ in ii toe in :iiis uf support for ;>n ' nine year.
. I in s|?oi11*** is allace d to ro< ks at 'ii * Ik !loin
ol the se t, serving u?t u retreat tnrnvr
uls of a sniiiil erustaceo'.is nniinais, which
net upv i s c a ii s. The fishermen dive t
f if it to I lie deji it of even n hundred f<V,
| and soin' tnnes eoiuimi" for five or six nut
1 I ll (??*! ilittl. e ? . - ? - ' ?* -
.... mini n il' i, iiiih'ns iiiii qn.t'i'iiv '*i
" , sponge 111 > in iy have collected beeouit s
I ine .nvnn cut or iiiirninnj?ral>V, when l!,ev
I :ir> haulm I (? :lu* surface L>\ tlie ci> w of t!
I boat to wt.ich t my bcloi.e. TiiO<iiv? r1
! i im .11 illy tall victims to shark* that attar k
' j tii* in under w.i tr. Tho sportj?? pr"j>.ir!
eil l ?r th?? market by heir.<r \> il s
loiS^e lac .an in .Icuhvit cni.la ii.s iii-J il . r.
w.rlsin l\e U? <l< prive it ?.f ti.nn'u?*:uilmatter.
Mars. M irmonf.
,j TitAVMI.KAMri; (?F V I T A1. I O V. :.K.
A no uncommon rnuv ?>f loss ol"
! |> atcrs ist a youi)?' sh w til** need.
1 Ms l.irl, iiuvsfv r i \; hi.uiat, h is been Ioim
( r hi rk' ii, an I it is well known 'u every Jt ,
I |'r<judi< ed (ihnerv?T. itut ii lias t>?en most
; iiii iCi'i.um:alily i>\eilooke<l u? ifieJicune. i
! Ii ive, on hi * v i i! occasions, net with the
, ) iiinterp trt of ilio fo!!o?vii v case* r I was,
| a feiv years since, consulted about a p.de
i siekly ami tli n hoy, of .ahout live or s.\
, I \e.rs i.| i?... I In applied to I ovo no
I spi.uiic ailni' iit, but tin re vs.is a sl.i .v an?i
remark I.|e (|. i.ii" of fle?h aril s'reiiath,
1 ill ! 1)1 I e: I iii'.wiy of all lit; 1.JII \!o;?s,- -
? 'a?: Ins m t .or very aptly tenm-ii, u j,rad.
u .1 blieht. A tier inquiring in'a t. ' lust. ir v
; i'! i?ii* cn?r, it c;i!no o .1 that In- t.n.J l?een .1
( i??. lit aii i (I'.-iliorc child up to li i t!':iti
' ?. tr. ? hc.i !;.t'n r, ? m rv %'cil
l? :-. n > s| v. r: ; I |i. s n
iii'? r? ?i U ai i s ^iio.I looks ; an.I i.c had
it- !v i ?: rvir s ii a-, nwlw.tU'
; i|"i!.i iii.i Mi atm :il. 1 directed
l r ion* li:?t iijji'il p.ir? n', av l 4
i'i a a ti.ii <. .'Ii .i j^o ?>l air, . Th<
v > n.p'd It i" not \v;:!? rli I '
ill '? v in iii liit'tM i?v i'i S
' d( il-s iii 11n;* vit al poiv?T. Ymuij;
if ? > i i.ii ri il 'a very ??'il mivi tull' r in a
| i! ii hi i ii' r. !'hv:,;Ii not In ilio san.a ex.
: si'. T i , !' iii ar?.- ofii':i well kr.own t i
t < nj?i?) i n ,,i> ivf.:, who consider tl.r in iL'i
in r t ivur.it>! % to lon^evi y, am' |h*rr~
uii- often I'ii -tr;?*. tlic selfishness which, in
>< c pi'isu.is, increases will) their v<*ms.
Jh. Copland's Dictionary.
S \ y Ti.n.isaiid A In. an slaves haw; ho o
n.il il on ilio coast of Brazil m the ins' s.x
months.