The Camden weekly journal. [volume] (Camden, South-Carolina) 1853-1861, March 07, 1854, Image 2
Scarcity of Money.
The continued stringency of the money
market, which had its commencement in the
Fall, and continued down to the end of February,
is an unusual fact in our financial history.
The arrival of the cotton crop at market generally
relieves a orcssure that arises from olh
er causes than the deficiency of the quantity
for sale and shipment. There are several
causes for this unusual state of affairs.
1. The difference in the receipt of upland
cotton this season, from the ist of September ,
to the 24th of February, as compared with the
corresponding period of Ia>t season, is 20,420
bales, against, 1853-4, which, allowing for the
higher relative price this season, makes a difference
in the value of about one million of dollars.
There is little difference in the comparative
exports of sea island cotton and rice to
affect the general result. The effect is obvi- ,
ous for this deficiency causing a scarcity of
funds. This falling ofTis aggravated by a much
greater difference in the amount exported.
2. There is apprehension of war, which
disposes capitalists to more than usual caution.
Banks are under a like influence. They abridge
accommodation, from an undefined fear
of the consequences.
J. t lierc IS 111 lUC esiuuiiaiiiuuiii/ vi uvn
bank?, an influential cause for the scarcity of
money. Until they arc organized and in operation,
the ofleet, of course, is to lock up
funds which are distributed by the old.-r banks 1
through the accustomed channels. The cir- 1
cumstancc itself, that parties who have subscribed
to the new stock are preparing the 1
means of paying their instalments, tends to the 1
contraction of the currency. These instal- 1
merits when paid in, go into the other banks on 1
deposits, that diflfer from individual deposits, 1
which, to a certain extent, admit of being em- !
ployed in banking. Let us suppose that, while 1
other causes of pecuniary pressure exist, three !
or four hundred thousand dollars are with- :
drawn from the general circulation, and re- '
main as dead capital for two or three months.
W care speaking of course, of the interval between
the calling in of instalments and the (
period at which they find their way back to
the community in loans and discounts. If
these periods were always co-incident in time '
?if money is paid into banks nearly as rapid- !
ly as it is paid out?there could be no public
Il.il '.c iliic i< imiiriccitili* in I
1IIUU1I V CIIIV'II^VT. XJ 14 \J CAO WIIW V. ....j V ... ^
the organization of new banks, the operation of |
locking up funds is similar in its consequences
to the payment of large sums in duties, until
they How out again in government expenditures.
4. We think something is always altributable,
in aggravating the existing pressure, to
the high price of money in some of the Northern
cities, which has attracted capital in this
form from the South. Individuals, as well per- j
haps as banks, have been not able to resist the
temptation of placing their funds in New York |
where they have for some time past obtained |
from 12 to IS per cent per annum.
Under these circumstances, we doubt the j
wisdom of that policy which adds three mil* J j
lions of bank capital to that already existing !
here. The effect must be, if there is no cor- \
responding increase of trade to absorb it, that
if will A?><ri(iAnt t|)p pnprpncj- r\C tt.I. ?:?v?, f?fn.
pared with other places, and relatively injure
its commerce. It will make a dear market
in which to purchase, but an advantageous one ,
in which to sell. The produce that finds its .
way here for exportation will bear a higher |
price than similar produce in other and neighboring
cities. The effect will be to divert the
trade from Charleston. Either this must be
the effect, or the new banks will not be able
to make dividends for their stockholders.
In addition to this inconvenience, such a local
increase of currency will aggravate the I
evil, already sufficiently great, of an advance
in the price of provisions, house rent, nccessa- t
ry labor?such as negro hire?in common u ith <
articles of mere convenience and luxury. While r
all such local increase is relatively greater than c
other places competing with Charleston, and : I
tends to diminish our population, or to check i
its augmentation, it, by adding to the charges (
on commerce, by the premium on exchange, r
has also a tendency to diminish our lorcign t
trade.?Evening News. t
A Strange Mis-hai\?The Conch which is s
run by Messrs. Ward & Douglas between Col- I
umbia and Edgefield, was on Saturday night ?
last destroyed by fire. The accident occur- t
red some three miles from this place, and ;
nearly opposite our own front-gate; we can '
therefore speak very knowingly on the sub- '
Ject . . . '
About half past nine o'clock that night (it j '
was a dark and stormy one) we happened to , t
be standing in our back piaza, and looking "up , 1
the Columbia road," as we say on our side of! '
the Creek. The bright lights in the distance ]
attracted our notice. In a moment more we j 1
observed that they were in motion and at once ' i
recognized them as the two lighters of the old i v
Columbia Coach. We watched them until i
within a hundred yards of our house, when we |
turned in and soon fell asleep. About one hour t
thereafter, \vc were aroused by the shouting of j s
our man George, who announced in very exci-1 c
toil tones, that a carriage or something of the ' ?.
kind was burning up in the big road. Wo j n
were startled, and jumping out of bed, rushed I
into trout sloop of our domicil, with the house- j
houl at our heels, to ascertain the true state oft
the case. And there sure enough was a brilliant
lire lighting up the scene. ily this
time George, with some other beys, had reached
the. burning vehicle, and it was ascertained >
to 1)0, really the Coach aforesaid. It was then i
nearly consumed. The Mail-bag and contents 1
were entirely burned up, we suppose. If we
are not mistaken, the mail lock was picked up j
afterwards from amidst tho remains of the ve-'
hide. The Coach, when discovered thus, was j
on its side, a complete upset, while the unlucky
Driver lay some little distance oil', apparently 1
lifeless. After long continued friction in a J
warm room, we succeeded in restoring him to j
partial sensibility, but could obtain from him
no account of the cause of the diaster. True
to his trade, his first call upon reason's return !
was for his ' whip and his bob tail nag. ' It is j
next to impossible, that the poor fellow eonbl j
b-)V? been criminally instrumental in bringing I
' I
about the destruction of his Hack. It was, beyond
a doubt, a pure mishap. The horsci
were found next morning a mile or so off, hav
ing taken with them the fore wheels of the ve
hide. And so endeth the narrative of the con
flagration of Messrs. Ward & Douglass' Col
umbia and Edgefield Coach.
Since the Driver's complete restoration to hii
senses, he states that about opposite our hotis<
his horses took fright at what seemed to be i
moveable fire in the road, (a regular Jack with
a-Ianternjwc fancy,) and ran out of the roac
upon a bank of earth, thereby un-setting the
Coach. The lamps are supposed to have beei
filled with Camphine, the furious burning o
which extended to the combustibles of tin
Coach and soon threw the old establishmen
into a very bright process of spontaneous com
i a- "nr. * i_: r\-1 1 ?_ ;
uusuoii. >> c regret losing uur vAmimuia. mai
and are sorry for the accident, oil the Contrac
tor's and Driver's account; hut. the real loss \v<
imagine has been but small.?Edgefield Ad
vcrtiscr.
?-#
The Missouri Compromise.
mr. caliioun's orixioN on the Missouri
COMPROMISE AND ORDINANCE OF 1787.
Mr. Calhoun, in one of his speeches 011 the
ordinance of 17S7, speak? as follows :
The act itself was unauthorised. The article!
of confederation conferred not a shadow o
authority 011 Congress to pass the ordinance
as is admitted by Mr. Madison, and yet this
unauthorised, one-sided act (as it has turned
cuit to be.) passed in the last moments of the
old confederacy, was relied on as aprecedcni
(alluding to the Missouri Compromise of 1820
for excluding the South from two-thirds of the
territory acquired from France by the Louisi
ma treaty, and the whole of the Oregon territory,
and is now relied on to justify her exclu
sion from all the territory acauired bv the
Mexican war, and all that may be acquired
hereafter.
The Works of Calhoun, Vol. 1, poyc CS9.
Again, l'Jtli February, IS 17, Mr. Calhoun
remarked as follows:
Sir, here let me say a word as to the Com.
promise line. I have always considered it as
i great error, highly injurious to the South
because it surrendered, for mere temporary
purposes, those high principles of the constitution
upon which 1 think we ought to stand.?
[ ain against any compromise line. Vet 1
would have been willing to acquiesce in a con
tinuance of the Missouri Compromise, in orler
to preserve under the present trying circumstances,
the peace of the Union. One ol
the resolutions in the House to that effect, was
offered at my suggestion. I said to a friend
there, "let us not he disturbers of this Union:
ibhorrcnt to my feelings as is that compromise
ine, let it be adhered to in good faith ; and il
-tlier portions of the Union aro willing to stand
>y it, let us not refuse to stand by it. It has
cept peace for some time, and in the present
ircumstanccs, perhaps, it would be better to
be continued as it is." But it was voted down
by an overwhelming majority. It was renewed
by a gentleman from a non-slaveholdinjj
State, and again voted down l?y an overwheluinf
majoritv. . ,
1 see my way in the constitution, I cannot in
he compromise. A compromise is but an acl
>f Congress. It may be overruled at any time,
!t gives us no security. But the constitution
s stable. It is a rock. On it we can stand,
It is a linn and stable ground, on which wc
an better stand in opposition to fanaticism
ban on the shilling sands of compromise.
Lotus lie done with compromises. Let us
50 back and stand upon the constitution.
Klscwliere, Mr. Calhoun uses the following
anguage :
D O
But I go farther, and hold that the conslitu
ion and justice are the safest and easiest
juaril on which the (|iicstion can be settled,
cgarded in reference to party. It may be
settled on that ground simply by non-action ;
>y leaving the territories free and open to all
he emigration of the world so long as they
:ontinne so, and when they become Stales, to
idopt whatever constitution they please, with
he single restriction to he republican in order
o their admission into the Union. If a parly
:annot safely take thisbroad and solid position
md successfully maintain it, what other can it
akc and maintain 1 If it cannot maintain itself
by an appeal to the great principles of jus
ice, the constitution and self government, to
vhat other suflicicntly strong to uphold them
11 public opinion, can they appeal ? I greatly
nistake the character of the people of this Uuon,
if such an appeal would not prove sucoessiil
if either party should have the magnanimity
o step forward and make it. It would, in
ny opinion, be received with shouts of approration
by the patriotic and intelligent in every
piartcr. There is a deep feeling pervading
In- pmiiitrv tiinf llio IJ11 i i > i i miii! < hi i* unlit ii'.-il
nslitntioiis arc in danger, which such a course
vould dispel.
And again :
There is a very striking difference between
lie positions in which the slaveholding States
itand in reference to the subject under considn
ation. The former desire no action of the
rovernment ; demand 110 law to give them any
idvantage in the territory about to be estabished;
arc willing to leave it and other territoies
belonging to the United Stales open to all
heir citizens so long as they continue to lie
erritorios, and when thev cease to he, to leave
t to their inhabitants to form such govcrnnents
as may suit them, without restriction or
londition, except that imposed by the constiluion
as a preqiiMte for admission into the Un011.
In short, they are willing to leave the
vholc subject whore the constitution and the
peat fundamental principles of self-governnent
place it. On the contrary, the n??n slave
ndding States instead of being willing to leave
t on mis oro.'iii and erpiai ioimuaiiuii, UemntHl
lio interposition of the government, and the
mssage of an net t'> exclude the citizens of the
lavehohling States from emigrating with their
iroperty into the territory, in order to give
heir citizens, and those they may permit the
xclusive right of settling in it, while it retinitis
in that condition, preparatory to suhjec
ing it to like restrictions and conditions when
l heroines a State,
'ffllf S'tiblio
3 We li.ivo jcrused the speech of Mr. Daw
son, of Pennsylvania, delivered in the House of
- Representatives in favor of the bill making a
- gratuity to all incomers of a portion of the
; public lands. As this gentleman appears to
j be the Cyropheous of the land-giving party in
s i Congress, we have examined his argument
j i with attention. Some of the analogies he ini
troduccs, an illustration of the policy of ma
king a gratuity of the public lands, would be
1 applicable, if their inducements were absent,
; lor the speedy settlement of onr national doi
main, as they were when the European States
f invited settlers to the territories which they ac
? quired by conquest in the New World.?
t Rut as the incentives to emigration and settle
mentare sufficiently active without any increase
1 of the stimulants as regards the United States,
- j the comparisons, therefore, which Mr. Dawson
} has, as he thinks, fortified his conclusions, in
. the example of European governments, have
no application to the question in hand.
vi_ r> n? u
jur. JL/awsmi uucita wiiu mum uinpiiciaia, uu
| the additional value which the sections retain[
i ed by the government will derive from the
settlement and quarter sections which the bill
proposes to distribute gratuitously, on the sole
- condition of settlement and cultivation within
five years. Now, who can contend that a pro5
spective enhancement in the value of the sevef
ral sections forms an adequate motive for le?
I gislnting those lands away, to foreigners, in op3
position to the great principles of equity which
' should govern their distribution among the
! members of the Union, or their avails, if paid
1 j into the treasury. If we arc to be generous to
) i foreign emigrants, before we arc just to our
! people, then a scheme for dividing the public
! domain into quarter sections might have some
j recommendation, on the principle that wo are
giving extension to our free principles of gov!
ernment to the down trodden people of Eu
1 rope, but tue domain is uie irun 01 me joint
expenditure of blood and treasure by all sectionsof
the Union. There is no equitable right
, iw Congress to make of it a gratuitous distribu!
tion. It being the common property of all the
j States, disposing of it without price would be
" j a glaring injustice.
51 There is yet another view of this subject that
> i regards the equality of the States under the
' j constitution. While the tide of population
' i from Europe and the old settled Slates is di'
i rccted to those lands which invite settlement,
^ without the use of slaves, under a system of
sale, the South can have no cause of complaint
if this should result in inequality in the ropre'
sentation of the respective sections. J5ut Con^
gross, regarding the spirit of the Constitution,
| has no right to agravate that inequality by a
' scheme of bounties to emigration, which a doI
nation of the public is substantially. To stimulate
emigration resulting in such a consc^
qucnce is not the ofiice of the national legisla
' turc.? Ckas. Ere. News.
; From the Sumter Banner.
i Election of Electors.
i We find the following concise and pointed
letter in the Carolinian, upon this interesting
! question, which is so soon to be di-cusscd be
j fore our people, and regarding two of the views
j m fnrrilili'. iuul snmpwliiit nii<tin:il
i i wo insert the letter entire into our columns.?
II It is getting time our people were being inform
. ed upon the merits of this question, as wc understand
it wiil form one of the principles in.
i volved in the next Congress:
! j "Mr. Editor: There are two suggestions in
i ; regard to a change in the mode of appointing
Electors of President and Vice President, which
> ; seem to me to carry weight with them, but
j while I make them I wish to disavow all syinr
patliy with Maj. Perry and his demagogism.
j First: The constitution provides that each
j Slate shall appoint, in such manner as the Lc|
gislature may direct, a number of Electors,
&c. &c. To the Legislature is thus given the
' power of providing the mode of appointment
j ? not the power of appointing. Now, it is a
' , maxim of law and of common sense, that when
a trust is given to devise a mode of doing anything,
the agent cannot supersede the power
' and execute the trust himself. A trustee to appoint
an agent cannot himself execute the trust
ibr which the agent is to be appointed. If such
a trustee were to appoint himself, it would be
1 fraudulent and void. All that the Legislature,
therefore, can do is to devise a mode of appointment.
The Legislature is not the constituency
of the Electors to be appointed. The
Electors are to derive their authority from some
source to be directed by the Legislature, not
, from the Legislature itself. I do not see that
1 this objection to the competency of the Legisi
laturc can be fairly and honestly met; or that
j the present mode of appointing Electors is othj
er than a usurpation of power net properly be!
longing to it.
Second: In regard to the question who of
I light ought to be the constituency of the Electoral
College. It is very clear that the appointj
incut of that body is to be made by the Slate,
: not by the Legislature; for if it assumes to be
the Stale, it is a usurpation. Now, what is the
State, as recognized and established by the
constitution of the United States? The State
of South Carolina is represented in the general
{ government, in part, by its members to the
House of Representatives, and the reprcscntaj
lion in that house is fixed by the number of her
inhabitants, counting three-lift lis of the black
population. Tliey constitute the State as it
stands in relation to that branch of the federal
! government consisting of the House of ltcpre
seiitalives. This political recognition of who
j are entitled to a representation in a branch of
j the legislative department, would seem to itn.
ply an equitable right of representation in the
j other department, (the Executive,) in maintuin;
iug a just and uniform relation to the (leneral
i (ioverumeiit in its capacity of State. I therefore
think that there should be the same eon
sinuuiicy n?r uie ijii-ciors mat more is lor the
, reprcseiuation in Congress, and 1 can perceive
no practical harm in it, hut tin (lie contrary an
analogical litinss. IIAUPISR.
A motion made 111 the .Mississippi House of
Representatives has been rejected, by a vote of
?.'i to 7. for appointing a ('mnmitteo to report
some plan by which the State bonds of$5,000,
i 000, issued in favor of the Union Dank, might
j be paid.
? 4
- ' *\?- . t
\ - "
(Llje (Comtieii IDfehli) Journal.
Tuesday, inarch 7, 1854.
Thq. j. WARREN, EditorT
Our Paper.
As we havo been prevented by the freshet from
receiving paper of a proper size, we aro compelled to
issue a smaller sheet than usual this week. We hope
to appear in our usual size next week.
The Effects of the Freshet.
The effects of the freshet upon our river plantations
have been very disastrous, in the breaking up of embankmonts,
sweeping off fences, stock, &c. The damage
to the lands, much of which was in readiness for
planting, has been very great. The eastern abutment
of the Camden bridge was washed up, rendering it impassable,
but we understand a large force is at work
repairing it, so that in a day or two it will be in good
order. The body of the bridge is uninjured. We have
as yet heard of no loss of human life.
Young Men's Christian Associations.
Wc arc pleased that Charleston has followed the
worthy example of her sister cities of the Union, and
has formed an Association for the moral, intellectual
and religious benefit of the young men of this city.?
Thus another, and the connecting link, of the "golden
chain of love and christian advancement" has been
formed, which circles "the Southwestern extremity of
the Gulf of Mexico to the most Northern portion of the
Penobscot Bay." The objects of these associations are
,vo iinvo nlromli- intimated?The moral, intellect
ual and religious advancement of the young men of our
age. In this is comprehended much, which appeals directly
to the enlarged benevolence and philanthropy ol
the moral and Christian world. How very correct is
the sentiment, that the pcrpctunity of our civil and religious
liberties, rest upon ouracknowledgmentol God,
in all the relations and circumstances of life?that to
him we must look for counsel and guidance amidst its
cares, and conflicting interests. The intellectual benefits,
apart from other and weightier considerations,
which properly conducted Associations of this character
must confer, are very numerous and apparent to every
mind capable of reflection The moral strength which
they afford, and the intellectual facilities which they
offer, appeal to, and impress heart and mind with their
importance. These Associations come in most opportunely
to the young man who comes to the city as a
stranger?whose lot, by accident, may often be cast
among those who have no religious predilections?
whose minds and moral perceptions arc blunted, and
who liavo 110 regard to the teachings or the law of the
Bible. The desiro for social intercourse often leads
young men of irreproachable characters into scenes and
places of pleasure which otherwise circumstanced they
would not think of entering?and thus, step by step,
arc many led on from at first innocent indulgences as
they are called, to others less harmless until the vilest
debauch, and the grossest sensualisms closes the career
of the unhonorcd and misguided youth. To prevent
as far as possible tlies^ consequences, Young Men's
Christian Associations have been formed throughout
the land, and wherever they are fouud they stand,
like so many houses of refuge where all may take shelter
find lie atrenrrilienedand inviirointed for the erreat
buttlo of life. In large and populous cities it is easy
to go cstray. Vice under the most insinuating guise
iu dv-orywncrc to oe round, rcany to uetray us into ra:m
error. The path is always plain, and the way open,
I and all along are guide posts pointing the way to ruin.
These Associations are as beacon lights, whose polar
bemns attract the eye, and bid the wanderer enter
here, a "circle of honor, where each is a shield to the
j other."
AVc append the following extract from the report of
the Committee appointed to prepare a Constitution for
the government of the Association :
"These associatioi s have, in every respect, fully answered
the ends for which they were instituted. Forming
one of tiie striking benevolent features of the age,
they come with an irresistible appeal to the heartsaud
homes of all. Every one, with the sympathies of his
race, must be concerned for their success- They appeal
with confidence to all ages and classes, and conditions
of society; for all have large interests at stake.
They appeal, in behalf of the prosperity of the age and
the advancement of christian truth and principle.
Whose heart docs not burn, when he contemplates
| their design ? who can refuse, earnestly and practically,
i to engage in the promotion of their aims?
New Hardware Store.
j "We take pleasure in calling attention to the card of
| Messrs. Kuck & Lucas, dealers in Hardware?No.
, 273 King-street Charleston. These gentleman will
j be able to make it to tiie interests of planters and pur.
chasers to examine their stock, which will comprise
j everything in their lino.
Mr. Tuckers Speech.
Wc have reaeiveil a pamphlet copy of the speech
' made by J. Wofford Tucker, Esq.. at the last ses|
sion of the Legislature, on the "bill to organise asys;
tern of Common Schools" in our State. We have not
i been able to peruse this speech, but from Mr. Tuckers
known ability, and tlie favorable opiuious expressed
by those who have heard or read it, wo do not lies
. itato to commend it to the careful attention of every
' friend of education. Mr. Tucker has devoted considerable
time and attention to the investigation of this
; important subject, and, therefore, his opinions are entitled
to favorable consideration.
The Daily Carolina Times.
We have received the first number of this paper?
a very handsome sheet?just coniineuced at Columbia,
by Messrs. Greneker.t Lamotte, and under the editorial
charge of Mr. .Tames II. Giles, formerly of the Xewbcr
! ry Sentinel We tender to the editor a hearty wel
come back to the fraternity, and to the publishers our
best wishes for their success.
Florida Mirror.
Lewis C. Gaines, esq , lias retired from tlio Ocala,
Florida Mirror, and his former partner, Mr. W. H. Royal,
has changed its name to the Southern Sun, ar.d engaged
as editor John G Bowman, esq., formerly con
i nected with the press of Columbia, and now Principal
! of tlio East Florida State Seminary at Ucaln. Mr. Bowman
is well known to the Press of this and the adjacent
States, as a well informed and eioquent writer,
and under his enidance, The Southern Sun is bound to
slnno most brilliantly.
Hoih branches of tlie legislature of Virginia
have passed a law appropriating ten thousand
dollars for a statue of Thomas Jefferson, to ho
executed liy Mr. CJalt, the youthful Virginia
sculptor, atnl to be placed iu the University of
j Virginia.
I
The Rail Road.
V.'c learn from tlio Conductor tliat the trestle at the
Waieree Swamp was sufficiently repaired to permit an
engine to pass over it on yesterday afternoon. This
morning a large number of mail bags, which had been
accumulating in our Office, were sent off. Passengers
will be taken over on and after to-morrow.
Executed.
Motley and Blackledge, convicted of the murder of
a negro, were hung at Walterborough on Friday last
Hamburg and Augusta.?The freshet in
Savannah river reached its highest point on
Monday last, at 5 o'clock p. m. The freshet
was within three feet of the highest point of
that of 1852. No injury of consequence was
sustained in the city.
The Constitutionalist says that Hamburg
was nearly submerged, the water being about
a i r.-A , j a i
mreeieei in some siores ana nouses/ jjk
Sale of Negroes.?Messrs. Allen 4c Phil-'
ips sold on Wednesday last, at public outcry,
the following slaves: A boy, 35 years of age,
$320, and one aged 20 for $1,065 A girl
ten years old brought $600 ; one aged 12,
$690 ; one of 18, $885 ; and one aged 20, at
$875. The terms of sale were equivalent to .
cash. >
The sale of the gang, heretofore advertised,
' was postponed, the obltructions on our rail- '
roads have prevented the attendance of many
purchasers who were expected.? Carolinian.
Georgia and the Nebraska Dill.?The
following resolutions were .adopted unanimous- i
ly in the House, and with only three dissenting j
i votes in the Senate: <
The State of Georgia, in solemn convention
having firmly fixed herself upon the principles ~
, of the compromise measures of 1850, relating
10 me suoject orsiavery in me lerritories ot ^
the United States, as a final settlement of the
agitation of that question, its withdrawal from ^B
the halls of Congressand the political arena, ^B
and its reference to the people of the lerritories ^B
interested therein ; and distinctly recognising
in those compromise measures the doctrine l^B
that it is not competent for Congress to impose JB
any restrictions, as to the existence of slavery
among thein upon the Citizens moving into
and settling upon the Territories of the Ihiion, ^B
acquired or to be hereafter acquired ; but thai B
the question whether slavery shall or shall not B
form a part of their domestic institutions, is ?
for them alone to determine for themselves and B
her present Executive having leiterated and H
affirmed the same policy in his inaugural ad- B
dress:
He it resolved by the Senate and House of ifl
1 Representatives of the. State of Georgia, in fl[
General Assembly met: That the Legislature B
of Georgia, as the Representatives of the people ,fl
speaking their will, and expressing their feelings ^B
i have had their confidence strengthened in the B^
settled determination of the great body of the IB
Northern people to carry out in good faith IB
those priciples, in the practical application of i^B
them, to the bill reported by Mr. Douglas fl
from the Committee on Territories in the Uni- jB
i ted States Senate at the present session propo- Bj
&ing the ufgitnizatioii of?territorial government B
for the territory ol Nebraska. fljH
And he it further resolved, That our Senators ^B
in Congress be, and they are hereby instructed ^B
and our repesentatives requested to vote for,
and support those principles, use all propcr^^B
means in their power, for carrying them out^BH
either as applied to the government of the territory
of Nebraska or in any other bill for
Territorial government which may come before
them.
Resolved further, That his Excellency the
Governor be requested to transmit a copy of '^B
these resolutions to each of our Senators and
Representatives in Congres. ^B
Mr. Stephens Resolution: B|
Resolved by the General Assembly and Stale B|
of Georgia, That opposition to the subject of ^B
slavery is regarded by the people of Georgia,
as hostility to the South and that persons who ^B
partake in such opposition are unfit to be rec- ^B
ognized as component parts of any party or or- VB
ganization not hostile to the South.
? *
Welcomb IIomf.?A large number of the ? !
friends of our esteemed fellow-citizen, John S. B
' Preston, esq., paid him a handsome compliment wafl
on Wednesday evening, by a serenade, as a to- 1K3
ken of their respect, and as a welcome home ^B
after an absence at the west. Mr. Preston re- ^B
sponded to the compliment i:i a heartfelt ac- ^B
knowltdgernent of the honor conferred on him,
and in a brief exposition of his views on some |H
of the public questions now before the people BB
of the State. He avowed himself in favor of^BD
giving the election of Electors to the people,^^^B
and as being a warm advocate of an efficient j^B
svstem of nooular education in the State.?
'j '' i i * 7" m
His remarks were well received by the friends
wlio visited him, and after an hour of social en- jj^B
joy men t the company separated, well pleased
with their visit, and with many earnest wishes
for the success and happiness of the gentleman
whom it was designed to compliment.?South ^8
Carolinian. BH
Cotton*.?The New York Journal of Com* u^B
i mcrce furnishes an accurate and interesting ta- | I
: hie showing the distribution of the cotton sup- |^B
j ply for the last ten years, expressed by the
per centage. Of the total supply including
crop and stock of 1S52-3, Great Britain took
51.78 per cent.; France 12.72; North of Europe
5.10; other foreign ports 5.77; United |^H
Stales 20.50; burnt and stock on hand 4.04.
For the last ten years the average per year
has been, Great Britain 52-20; France 13.11; jflH
North of Europe 3.57; other foreign ports
5.30; United States 18.05; burnt and stock
on hand 5.87.
The year 1847 is cited as shnwimr the dertd^^BH
; ded effect of high bread prices upon cotton con1
sumption. In that year England, suffering un- ^9
I der iainine, took t> per cent, less of the supply ^9
! than it had the year before, and 7 per cent, less ^9
than the year following; while the United 9
States, which were al)ounding in plenty and ^9
with full liarvests, profiting by the high price of ^9
j brendstuffs, consumed half the quantity taken 9
' by Great Britain, and had a stock on hand
| equal to 11 1-2 of the whole supply. 19